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← The Parochial Church Council Of The Ecclesiastical Parish Of St Mary & St Michael's, Egremont

2024-12-31-accounts

St Mary & St Michael's Church, Egremont with St John's Church, Bigrigg and Thornhill Mission Church

Annual Report for the Year to 31[st] December 2024

Table of Contents

1

Annual Report for the Year to 31[st] December 2024

A. Reference and administrative details of the charity, its trustees and advisors 2
B. Structure, governance and management 3
C. Objectives and activities 3
D. Achievements and performance 4
E. Financial Review 6
F. Declaration 8
G. Independent Examiner’s Report 9
H. Statement of Financial Activities 10
I. Balance Sheet 11
J. Notes to the Financial Statements 12
1) Accounting Policies 12
2) Income and Endowments 14
3) Expenditure 15
4) Staff, Trustees and Related Parties 16
5) Fixed Assets used by the PCC 16
6) Analysis of Net Assets by Fund 17
7) Debtors 17
8) Accounts Receivable 17
9) Liabilities 17
10) Accounts Payable 18
11) a)
Unrestricted Funds		 18
b)
Restricted Funds		 18
c)
Endowment Funds		 18
Appendix - Detailed Income & Expenditure Breakdown 20

Page 1 of 26

Section A Reference and administrative details of the charity, its trustees and advisors

Charity name:

Also known as:

Parochial Church Council of the Ecclesiastical Parish of St Mary & St Michael's, Egremont

St Mary & St Michael's, Egremont

Registered charity number: 1136966

Principal address: The Rectory, Grove Road, Egremont, Cumbria, CA22 2LU

Names of the charity trustees who manage the charity

Trustee name Office (if any) Dates acted if not for Name of person (or
whole year body) entitled to
appoint trustee (if
any)
Rev Becky Gibbs Part-time Priest-in-
Charge		 Carlisle Diocese
Mrs Vikki Brett From 16thApril 2024 APCM
Mrs Valerie Coleman APCM
Mrs Doris Downton APCM
Mrs Barbara Gates Church Warden APCM
Mr Colin Gates APCM
Mr Richard Hardiman Church Warden from
16thApril 2024		 From 16thApril 2024 APCM
Mrs Judith Holdsworth PCC Secretary APCM
Mr Andrew Holland Deanery Synod
Representative		 APCM
Mrs Jane Holland PCC Treasurer APCM
Mrs Anne Mawson Church Warden to
16thApril 2024		 APCM
Mrs Vivien Postlethwaite Church Warden APCM
Mr Christopher Reay Deanery Synod
Representative		 APCM
Mr Lionel Simpson APCM

APCM = Annual Parochial Church Meeting

Bankers: The Cumberland, Cumberland House, Cooper Way, Parkhouse, Carlisle, CA3 0JF. Independent Examiner: Judith Clark ACA CTA TEP, 108 Lowry Hill Road, Carlisle, CA3 0DH.

Page 2 of 26

Section B

Structure, governance and management

Type of governing Act of Parliament document: Parochial Church Councils (Powers) Measure 1956 as amended and Church Representation Rules (contained in Schedule 3 to the Synodical Government Measure 1969 as amended) How the charity is Parish Church Council constituted:

Trustee selection methods: Members of the PCC are either ex-officio due to an office or appointment they hold from Carlisle Diocese or are elected by the Annual Parochial Church Meeting in accordance with the Church Representation Rules. Organisational Structure: The parish consists of three churches: St Mary & St Michael's, Egremont; St John's, Bigrigg; Thornhill Mission Church. The PCC comprises representatives from all three churches and structures its meeting to ensure attention is given to the needs and issues of each church.

Public Benefit The Trustees confirm that they have complied with the duty outlined in Section 17(5) of the Charities Act 2011 with regard to the Charity Commission’s general guidance on public benefit, and also specifically the advancement of religion, when going about the business of running the Parish. Employees and The Employed Trustees are contracted to the Church of England Remuneration Diocese of Carlisle who administer the details of their employment. The Parish does not operate employment contracts, although some volunteers do receive some remuneration for Verging (funded from the fees set for Life Events in Church) or Caretaking duties (funded from Hall letting fees). Relationships between the The Parish is part of the Church of England Diocese of Carlisle, Charity and Related Parties whose policies the Trustees adopt and to whom the PCC is accountable.

Section C Objectives and activities

Aims and purposes

The PCC of St Mary & St Michael's, Egremont has the responsibility of co-operating with the incumbent in promoting, in the ecclesiastical parish, the whole mission of the church, pastoral, evangelistic, social and ecumenical. It also has maintenance responsibilities for St Mary & St Michael's Church and hall at Egremont, St John's Church and St John's House at Bigrigg and Thornhill Mission Church.

Objectives and activities

When planning our activities for the year, the incumbent and the PCC have considered the Commission’s guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion. We aim to enable ordinary people to live out their faith as part of our parish community. We have adopted the overall objectives of being: “A church for the town and a town for the church”.

Page 3 of 26

Our activities comprise 4 main areas:

The PCC acts to underpin all these activities by provision of well-maintained buildings.

Section D Achievements and performance

Ministry Team.

The Benefice Ministry Team is financed and supported by the Churches in the Egremont Benefice. It is financially independent and reports in its own right.

Rev Becky Gibbs has continued to serve as part-time Priest-in-Charge since her appointment in September 2023, with the support of the Rural Dean, Canon Richard Lee, and his assistant Rev Allen Banks alongside local retired clergy including the Rev John Woolcock, Rev Tim Taylor and Rev Malcom Cowan.

Following his licensing as Curate at the end of June, Rev David Flitcroft, has joined the Egremont Benefice Team Ministry to continue his training towards being ordained Priest.

The post of Team Vicar in the Benefice was advertised over the summer and into the autumn. Subsequently a new Team member is being appointed to join the Team, subject to the usual Church of England recruitment checks.

None of our work would have been possible without generous and substantial support from either retired clergy or ministers from other parishes within the West Cumbria area, supported by lay members of the parish.

Public Worship Services.

One service is held most Sundays in each of our churches, generally alternating between Holy Communion and Morning Worship. The Second Sunday service at Egremont is now an All-Age Communion Service, aimed at engaging with more younger families. Fifth Sunday Benefice Services, moving around the churches in the Benefice including Haile, continued through 2024.

Tuesday morning Communion services have continued in the Hall Supper Room and on Wednesday evening a Meditative Communion is held in St Mary & St Michael’s Church.

Page 4 of 26

Life Event Services.

Baptism services provide an important life ritual event for parishioners, who probably hardly ever attend a normal service. Altogether 23 babies, children or adults were baptized in our churches and welcomed as members of the Christian Church.

During 2024, six couples were married in our churches.

Funerals continue to be a contact with the wider community in the Parish. During 2024 we were responsible for 43 funeral services, either at one of our churches, a local graveyard/cemetery or the local crematorium. All included some measure of pastoral contact with people who may not be regular church goers.

Community interaction.

Connections with other denominations and local churches in the area continued although there was less activity than in previous years. Egremont Town Crib blessing and carol singing were organized by the Churches Together group. Wreath laying took place at the War Memorial on Remembrance Sunday, organized by the Town Council, followed by a Civic Service supported by Churches Together at St Mary & St Michael.

Our events throughout the year were advertised via posters, local Facebook pages, periodic leaflets and by a direct e-mailing list.

During the summer our Benefice were invited to take part in painting a banner and making singing, audio and musical recordings for the Under the Stars project at Carlisle Cathedral. Our contributions featured in the exhibition held in the Cathedral’s South Aisle during August.

Crab Fair took place this year and lunches were served in the Church Hall, where many were able to catch up with friends. Egremont Christmas Winter Wonderland event on the Main Street was cancelled: we had been approached by the council to run a mulled wine stall again.

All of our churches held Harvest Festival services during the autumn, with Cleator Moor Brass Band providing the music at Bigrigg. This coincided with a period in the Church of England calendar aimed at challenging people to think about their giving to the church. Consequently, Rev Becky used this platform as a basis for communicating with known Parishioners of each church about the finances of their church. Some positive feedback was received.

Thirty-six people attended the All-Souls service in St Mary and St Michael at the beginning of November, which provided an opportunity for those who had lost loved ones during the previous year to pause and remember.

Christingle Services at both Bigrigg, again with Cleator Moor Brass, and Egremont were well supported., with donations being sent to The Children’s Society. Over the Christmas period St John’s held a Christmas Tree Festival. Trees were decorated by local community groups and members. Between Christmas and New Year, the church was open for a couple of afternoons when people were invited to visit and see the trees. Musical entertainment and refreshments were appreciated by those who came: a local singer on one afternoon and Egremont Town Band on the other.

School work has continued with both visits into the schools to lead lessons or assemblies and from the schools for a variety of events which included Easter Workshops, Experience Christmas Workshops and also Harvest and Christmas celebrations. We were able to connect with most local schools including Bookwell, Orgill and Moor Row Schools and West Lakes Academy.

Throughout the year various Coffee Mornings and Fairs were held by both Bigrigg and Egremont congregations, all of which were attended by people who have irregular contact with the churches.

St John’s Bigrigg congregation have had fellowship over Bring and Share lunches after a Sunday morning service most months during 2024. Members of the wider community sometimes come too.

Page 5 of 26

Egremont church hall has continued to provide a meeting place for a wide variety of groups from the local community ranging from craft sessions and music makers, through exercise groups to a slimming club. Several groups have continued regularly over many years, others hiring for short periods or one-off events.

St. Mary and Michaels's Toddler group continues under the leadership of Mrs. Anne Mawson. This has proved to be excellent in community outreach and filling a need for families of young children.

Spread throughout 2024, the local Indian Orthodox Church have held a handful of Saturday morning services in St Mary & St Michael’s Church.

Pastoral Care.

Home visiting has continued for those who are part of a life event service and others in need, although with a very stretched Ministry Team, this is difficult to maintain. As a result, some lay people have started to take out Home Communions.

During the year two study courses were run by Rev Becky: a Lent Course called Loving my Neighbour and a SHAPE course, during the autumn in conjunction with the local Deanery, which looked at participants’ individual attributes and pondered how they could be best utilized in the service of the church.

Building Management.

Egremont has had contractors in to do roof work, clear gutters, net the tower louvres and place Christmas stars on the tower. Residents from Calderwood House have been voluntarily helping to keep the church grounds tidier.

Thornhill Mission, unfortunately, received some vandalism in the form of smashed windows, which have been replaced largely financed by two insurance claims.

A dedicated group of people to oversee building matters in the Parish has been convened.

Planning for the Future.

A Mission and Worship group has also been formed to look at future planning in these areas.

The new Egremont Team Vicar is expected to join us in the Spring of 2025, so the Ministry Team will have more resource to lead new initiatives to connect better with existing parishioners as well as younger people in the area, so as to nurture our role in the community.

Section E Financial review

The trustees' policy on reserves:

The PCC has a policy of maintaining reserves in its general funds (i.e. Non-designated funds) only sufficient to ensure it can maintain positive cash flows throughout the year. This policy will assist with the PCC's aim of contributing the maximum possible to the costs of full-time ministry within Carlisle Diocese.

For the Egremont Hall, the policy is to operate as a self-funding activity, so that it does not place a burden on the general funds. To this end it will accumulate reserves (annually by about 5% of its turnover) against the inevitable need to maintain and renew the building and facilities.

Designated funds have been established as means to fund the repair, maintenance and renewal of church buildings where the demands greatly exceed any provision that could be made from the general funds. These designated funds will build substantial reserves, over many years, but targeted against planned projects.

Page 6 of 26

Egremont
Hall
St John's Bigrigg
Magazine
Thornhill
Egremont
Legacies
Egremont
Building
Bigrigg Building
St John’s House
Bigrigg: Jubilee
cash
Bigrigg: Jubilee
Shares		 Breakdown of Reserves at 31st December 2024
Unrestricted
Designated
Restricted
Endowment
£
£
£
£
45,792
-
-
-
22,853
116,944
-
-
26,536
-
-
-
7,811
-
-
-
2,614
-
-
-
133,750
-
-
-
-
98,543
-
-
-
16,831
-
-
-
-
3,000
-
-
-
-
2,750
-
-
-
38,800		 2024
2023
£
£
45,792
50,793
139,797
142,549
26,536
23,354
7,811
7,764
2,614
4,591
133,750
116,418
98,543
96,004
16,831
14,881
3,000
1,500
2,750
2,750
38,800
35,182
239,356
232,318
3,000
41,550		 516,224
495,786
LESS
Tangible Fixed Assets
Free Reserves
Reserved for:
Egremont General
Egremont Legacies
Egremont Hall
Bigrigg General
Magazine Publishing
Thornhill General
Egremont Building
Bigrigg Building
St John's House
Jubilee Endowment
Unassigned Egremont General
Unassigned Hall
Unassigned Bigrigg General
Unassigned Magazine		 116,944
399,280
17,000
133,750
3,500
5,700
1,680
2,614
98,543
16,831
3,000
41,550
28,792
19,353
20,836
6,131
399,280

Page 7 of 26

Statement of Going Concern.

No funds are in deficit to a level below the recommended level of four months’ worth of income. The financial commitment to the Carlisle Diocese for 2024 was honoured. Although Regular Giving and Open Plate Offertories decreased, there were a couple of legacies received during the year. Some new people are being seen at our services and events, so we hope that they will continue to engage with the Parish.

The Trustees are satisfied that there are sufficient reserves and the probable income to ensure that the charity is a going concern for at least the next 12 months.

Page 8 of 26

Independent examiner’s report to the trustees of the Parochial Church Council of the Ecclesiastical Parish of St Mary & St Michael’s Egremont

This report on the financial statements of the PCC for the year ended 31st December 2024 is in respect of an examination carried out in accordance with the Church Accounting Regulation 2006 and section 144 of the Charities Act 2011.

Respective responsibilities of the PCC and the examiner

The PCC's trustees are responsible for the preparation of the accounts. The PCC'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:

Basis of this report

My examination was carried out in accordance with 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.

Independent examiner's statement

In connection with my examination, no matter has come to my attention

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Judith Clark ACA CTA TEP 108 Lowry Hill Road Carlisle CA3 0DH

17[th] March 2025

Page 9 of 26

Statement of Financial Activities for the year ended 31st December 2024

Notes
Income & Endowments
from:
Donations & legacies
2a
Charitable Activities
2b
Other Trading Activities
2c
Investments
2d
Other
2e
Total Income &
Endowments
Expenditure on:
Fund raising and publicity
3a
Grants
3b
Activities directly relating to
the work of the church
3c
Church management and
administration
3d
Total Expenditure
Net gains/losses on
Investments
Net Income before
Transfers
Net movement in Funds
Realised
Unrealised
Total funds brought forward
Total funds carried forward		 Unrestricted
Restricted
Endowment
Total
Total
funds
funds
funds
2024
2023
£
£
£
£
£
58,010
2,822
60,832
52,441
18,396
18,396
19,101
28,734
6,270
35,004
36,972
13,736
13,736
11,781
2,890
2,890
811
121,766
9,092
130,858
121,106
269
269
261
458
458
516
103,914
7,592
111,506
104,406
1,805
1,805
1,470
106,446
7,592
114,038
106,653
3,618
3,618
512
15,320
1,500
16,820
14,453
15,320
1,500
3,618
20,438
14,965
456,354
1,500
37,932
495,786
480,821
471,674
3,000
41,550
516,224
495,786

Comparative information at a Fund level can be found in the Notes to the Financial Statements, sections 2 and 3 (pages 14 & 15).

Page 10 of 26

BALANCE SHEET AT 31st DECEMBER 2024

Note
FIXED ASSETS
Tangible assets
5
Investment assets
5
CURRENT ASSETS
Debtors
7
Accounts Receivable
8
Short term deposits
Cash at bank and in hand
TOTAL CURRENT ASSETS
LIABILITIES: AMOUNTS FALLING
DUE WITHIN ONE YEAR
9
Accounts Payable
10
NET CURRENT ASSETS
NET ASSETS
FUNDS
6
Unrestricted
11a
Restricted
11b
Endowment
11c		 2024
2023
£
£
116,944
121,257
38,800
35,182
155,744
156,439
6,296
6,631
261,495
241,385
97,960
99,413
365,751
347,429
-5,271
-4,583
-3,500
360,480
339,346
516,224
495,786
471,674
456,354
3,000
1,500
41,550
37,932
516,224
495,786

Page 11 of 26

Notes to the Financial Statements for the year ended 31st December 2024

ACCOUNTING POLICIES

The financial statements have been prepared in accordance with the The Charities Act 2011 and the PCC (2006) revised to take account of the Charities SORP (Statement of Recommended Practices) 2015.

The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value and the value of freehold land and buildings which are shown at estimated use value by the PCC.

Funds

General Funds represent the funds of the PCC that are not subject to any restrictions or designations regarding their use and are available for application on the general purposes of the PCC. Funds designated for a particular purpose by the PCC are also unrestricted.

An agreement with Carlisle Diocese allows St John's Church to manage St John's House and to receive the letting income. After discussion with the Diocese about the terms of the trust concerning St John's House, it has been decided to account for rental income as a separate restricted fund. This enables the PCC to demonstrate that the income has been rightly used for the maintenance of St John's House itself and for the maintenance of the stipendiary ministry

The accounts 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.

Incoming Resources

Voluntary income and capital sources

Collections are recognised when received by or on behalf of the PCC.

Planned giving receivable under covenant is recognised only when receivable.

Income tax recoverable on covenants or gift aid donations is recognised when receivable.

Grants and legacies to the PCC are accounted for when notification is received of the payment due, i.e. when the PCC is aware it becomes highly probable it will receive a quantifiable sum of money.

All fees income is accounted for gross through Income and all portions of fees passed on to vergers, organists and the Diocese are included in Expenditure.

Funds raised by the fetes, coffee mornings and similar events are accounted for gross.

Sales of books and magazines are accounted for gross.

Other income

Rental income from the letting of church property is recognised when the rental is receivable.

Income from investments

Dividends and interest are accounted for when receivable.

Page 12 of 26

Gains and losses on investments

Realised gains or losses are recognised when investments are sold.

Unrealised gains or losses are accounted for on revaluation of investments at 31st December.

Grants

Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC.

Activities directly relating to the work of the Church

Under the current system of parish offering, the Parochial Church Council agrees the individual offers for St Mary & St Michael Egremont, St John's Bigrigg and Thornhill Mission Church, which are then combined for presentation to the Calder Deanery area of the Carlisle Diocese.

Fixed assets

Freehold land and buildings

The freehold land and the building represented in the accounts is Egremont Church Hall.

Egremont Church Hall is valued at the cost of the property improvements completed in 2002 adjusted by depreciation on a straight-line basis at 2% per annum, on the grounds that it is on a difficult site to sell, should the need arise, and is deteriorating with use. Eventually it will require replacement.

Investments

Investments are valued at market value at 31st December.

Current assets

Amounts owing to the PCC at 31st December in respect of fees, rents or other income are shown as debtors less provision for amounts that may prove uncollectable.

Short-term deposits include cash held on deposit either with the CBF Church of England funds or at the bank.

Page 13 of 26

2
Income & Endowments from:
2(a)Donations & legacies
Planned giving:
Envelope giving with gift aid
Income tax recoverable thro' gift
aid
Envelope giving without gift aid
Collections (Open Plate)
Appeals & special collections
Donations
Legacies
Towards specific Costs
2(b)Charitable activities
Fetes & other fund-raising events
PCC fees
2(c)Other trading activities
Church hall lettings
Rent St Johns House
Sales (Fund Raising)
Orange mobile phone transmitter
2(d)Investments
Dividends and interest
2(e)Other
Grants
Insurance Claims
Utility Compensation Payments
Wayleave payments
200 Club
TOTAL INCOME		 Unrestricted
funds
Restricted
funds
Endowment
funds
Total
2024
Total
2023
£
£
£
£
£
15,609

15,609
16,125
8,577

8,577
9,514
2,320

2,320
2,796
8,891

8,891
11,169
250
11,355

11,355
10,537
11,218

11,218
2,000
40
2,822
2,862
50
58,010
2,822
60,832
52,441
2,641

2,641
2,389
15,755

15,755
16,712
18,396
18,396
19,101
10,936

10,936
8,952
6,270
6,270
6,180
71

71
242
17,728

17,728
21,600
28,735
6,270
35,005
36,972
13,736

13,736
11,782
13,736
13,736
11,782
568
2,877

2,877
30
13

13
13
200
2,890
2,890
811
121,767
9,092
130,859
121,106

Page 14 of 26

3
Expenditure on:
3(a)Raising funds
Charitable Activities
3(b)Grants
Mission and charitable giving
3(c)Activities directly relating to
the work of the church
Ministry: parish offering:
Bigrigg
parish offering:
Bigrigg
parish offering:
Egremont
parish offering:
Thornhill
Contributions to Team Costs
Building running expenses
Building running expenses
Building repairs
Building maintenance
Improvements
Depreciation on freehold land,
buildings & church equipment
Upkeep of services
Disbursement of PCC Fees
Trading costs: Egremont Hall
: St John’s
House
3(d)Management and
administration:
Team Vicar Advert costs
Publicity
Printing & stationery
Subscriptions
Accountancy charges
Training
Catering
Resources costs for non-fund
raising events
Gifts & Presentations
Miscellaneous
Sub-Total Charitable
Activities
TOTAL EXPENDITURE		 Unrestricted
funds
Restricted
funds
Endowment
funds
Total
2024
Total 2023
£
£
£
£
£
269
269
284
269
269
284
458
458
209
458
458
209
6,514
6,514
8,653
3,776
3,776
875
29,420
29,420
27,240
2,900
2,900
2,724
1,800
1,800
1,800
29,926
29,926
33,330
460
460
4,277
1,540
5,817
3,661
6,763
195
6,958
5,923
3,767
3,767
547
4,313
4,313
4,313
917
917
1,303
9,651
9,651
10,049
3,666
3,666
2,966
1,621
1,621
1,022
103,914
7,592
111,506
104,406
768
768
52
52
174
174
446
75
75
542
542
432
131
131
144
63
63
97
30
277
1,805
1,805
1,470
106,177
7,593
113,770
106,391
106,446
7,593
114,038
106,652

Page 15 of 26

4 STAFF, TRUSTEES AND RELATED PARTIES

The Church did not have any employees in 2024. (2023: None)

No Trustees received a small remuneration for cleaning or caretaking Egremont Hall. (2023: Two Trustees received £5.25 each)

None of the Trustees received remuneration for their role as trustees.

The Rev Becky Gibbs was paid a Stipend by the Carlisle Diocese.

Trustees and close family relations donated £8,695 (2023: £7,740) to the Church.

Carlisle Diocese is a Related Party because it provides the Clergy and guidance on policy and doctrine. The Parish Offering to the Diocese was £42,610 (2023: £39,492)

The Independent Examiner was paid £0. (2023: £0)

5

FIXED ASSETS USED BY THE PCC
Tangible fixed assets
Actual/deemed cost
At 1st January
Additions
At 31st December
Depreciation
At 1st January
Charge for the year
At 31st December
Nett book value
Brought Forward
Carried Forward
Investment assets
Market value 1st Jan
Gain/loss on revaluation
Market value 31st Dec		 Freehold
land &
buildings
£
215,660		 2024
2023
Church
equipment
Total
Total
£
£
£
9,376
225,036
225,036
215,660 9,376
225,036
225,036
94,403
4,313		 9,376
103,779
99,466
4,313
4,313
98,716 9,376
108,092
103,779
121,257 121,257
125,570
116,944 116,944
121,257
Market Value
2024
£
2023
£
35,182
34,670
3,618
512
38,800
35,182

Investments held throughout the period were 1678 units in a CBF Investment Fund operated through Carlisle Diocese as an Endowment Fund.

Page 16 of 26

6 ANALYSIS OF NET ASSETS BY FUND

2024
Fixed assets for PCC use
Investment fixed assets
Current assets
Accounts Receivable
Current liabilities
Total
2023
Fixed assets for PCC use
Investment fixed assets
Current assets
Accounts Receivable
Accounts Payable
Current liabilities
Total		 Unrestricted
funds
Restricted
funds
Endowment
funds
Total
£
£
£
£
116,944
116,944
38,800
38,800
360,001
3,000
2,750
365,751
-5,271
-5,271
471,674
3,000
41,550
516,224
Unrestricted
funds
Restricted
funds
Endowment
funds
Total
£
£
£
£
121,257
121,257
35,182
35,182
343,180
1500
2,750
347,430
-3500
-3,500
-4,583
-4,583
459,854
-2,000
37,932
495,786
7
DEBTORS
Debtors
8
ACCOUNTS RECEIVABLE		 Total
Total
2024
2023
£
£
6,296
6,613
6,296
6,613
Total
Total
2024
2023
£
£

Amounts due

LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR
Creditors
Accruals		 Total
Total
2024
2023
£
£
5,270
3,929
1
654
5,271
4,583

9 LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR

Page 17 of 26

10 ACCOUNTS PAYABLE

Provision for payments due later in 2025

Total Total
2024 2023
£ £
3,500
3,500
11aUNRESTRICTED FUNDS
Egremont Church
Egremont Hall
Egremont Legacy
St John's Church
Thornhill Mission Church
Magazine fund
Egremont Building Fund
St John's Building Fund
11bRESTRICTED FUNDS
Bigrigg Ministry & Housing
11cENDOWMENT FUNDS
Jubilee: Shares
Jubilee: Cash
TOTAL FUNDS		 Balance 1st
Jan 2024
£
50,793
142,548
116,418
23,354
4,591
7,764
96,004
14,881		 Income
£
62,169
12,187
17,332
16,624
6,597
47
4,860
1,950		 Transfers,
Investment
Gains/Losses
Expenditure
Balance
31st Dec
2024
£
£
£
-67,170
45,792
-10,625
-4,313
139,797
133,750
-13,442
26,536
-8,574
2,614
7,811
-2,321
98,543
16,831
456,354 121,766 -102,132
-4,313
471,674
Balance 1st
Jan 2024
£
1,500		 Income
£
9,092		 Transfers,
Investment
Gains/Losses
Expenditure
Balance
31st Dec
2024
£
£
£
-7,592
3,000
1,500 9,092 -7,592
3,000
Balance 1st
Jan 2024
£
35,182
2,750		 Income
£		 Transfers,
Investment
Gains/Losses
Expenditure
Balance
31st Dec
2024
£
£
£
3,618
38,800
2,750
3,618
41,550
-109,725
-695
516,224
37,932
495,786 130,858
Comparative for previous year
11(a)UNRESTRICTED FUNDS
Egremont Church
Egremont Hall
Egremont Legacy
St John's Church
Thornhill Mission Church
Magazine fund
Egremont Building Fund
St John's Building Fund		 Transfers,
Investment
Gains/Losses
Balance 1st
Jan 2023
Income
Expenditure
Balance 31st
Dec 2023
£
£
£
£
£
42,799
70,610
-62,616
50,793
146,050
10,587
-9,776
-4,313
142,548
111,310
5,108
116,418
22,259
16,798
-15,703
23,354
4,245
5,837
-5,491
4,591
8,054
40
-330
7,764
94,140
4,108
-2,244
96,004
13,043
1,838
14,881
441,901
114,926
-96,159
-4,313
456,354

Page 18 of 26

11(b)RESTRICTED FUNDS
Bigrigg Ministry & Housing
11(c)ENDOWMENT FUNDS
Jubilee: Shares
Jubilee: Cash
Total		 Transfers,
Investment
Gains/Losses
Balance 1st
Jan 2023
Income
Expenditure
Balance 31st
Dec 2023
£
£
£
£
£
1,500
6,180
-6,180
1,500
1,500
6,180
-6,180
1,500
Transfers,
Investment
Gains/Losses
Balance 1st
Jan 2023
Income
Expenditure
Balance 31st
Dec 2023
£
£
£
£
£
34,670
512
35,182
2,750
2,750
37,420
512
37,932
480,821
121,106
-102,339
-3,801
495,786

Page 19 of 26

Appendix: Detailed Income and Expenditure breakdown for the Year to 31[st] December 2024

Income &
Endowments
from:
Donations &
Legacies
Planned Giving
(Gift-Aided)
Income Tax - Gift
Aid
Planned Giving
(not Gift Aided)
Collections (Open
Plate)
Donations (inc Gift
days)
Savings Boxes
Legacies
Towards specific
costs
Removal of
chimney stack
Flowers
Total · Donations
& Legacies
Charitable
Activities
Fetes, Bazaars,
etc
PCC Fees
PCC Fees:
Funerals
PCC Fees:
Weddings
PCC Fees:
Banns of Marriage
PCC Fees:
Duplicate
Certificates
Total PCC Fees
Total · Charitable
Activities		 St
M&M
Church
£
6,619
5,637
1,829
6,999
7,955
29,039
1,369
10,400
3,235
54
36
13,725
15,094		 Hall
£
570
570
100
100		 St
John's
Church
£
6,755
2,278

226
1,725
2,393
5

40

13,422

1,172

1,383

647

2,030
3,202		 Magazine
£
 Thornhill
£
2,236

662

265

167

390

3,720
 Egremont
Legacies
£
11,218

11,218
 Egremont
Building
£
41
41		 Egremont
Hall
Tangible
Asset
£		 Jubilee
£		 St
John's
Building
£		 Bigrigg
Housing
&
Ministry
£
2,822
2,822		 TOTAL
£
15,609
8,577
2,320
8,891
11,309
46
11,218
2,822
40
60,832
2,641
11,783
3,882
54
36
15,755
18,396

Page 20 of 26

Other Trading
Activities
Church Hall
Lettings, Rent
Rent St J
House
Sales
Bookstall
ee mobile
phone
transmitter
Rent
Electricity
Total: ee
mobile phone
transmitter
Total · Other
Trading
Activities
Investment
Other
Insurance
Claims
Wayleave
Payment
Total - Other
Total Income
&
Endowments		 St
M&M
Church
40

8,171

9,555

17,727

17,766

257
13

13

62,169
 Hall
10,936
31

10,967
550

12,187		 St
John's
Church
16,624		 Magazine
47

47		 Thornhill
2,877

2,877

6,597		 Egremont
Legacies
6,114

17,332		 Egremont
Building
4,819

4,860
 Egremont
Hall
Tangible
Asset
 Jubilee St
John's
Building
1,950
1,950		 Bigrigg
Housing
&
Ministry
6,270
6,270
9,092		 TOTAL
10,936
6,270
40
31
8,171
9,555
17,727
35,003
13,736
2,877
13
2,890
130,858

Page 21 of 26

Expenditure on:
Raising Funds
Event costs
Stewardship costs
Total Raising Funds
Charitable Activities
Grants to Mission
Relief & Dev. Agencies
Secular Charities
Total Grants to
Mission
Activities relating
directly to the work of
the church
Ministry Costs
Parish Offering
Contributions to Team
Costs
Total Ministry Costs
Building Running
Expenses
Utilities
Gas
Electricity
Water
Oil
Total Utilities
Insurance
Consumables &
Cleaning materials
Total · Building
Running Expenses		 St
M&M
Church
£
21

100

121

37

201

238

29,420

1,080

30,500

2,287
10,670
488
13,444

5,943

19,387
 Hall
£



1,575
2,047
488
4,109
1,329
128
5,566		 St
John's
Church
£
60
63
123
50
170
220
6,514
540
7,054
865
1,053
21
1,939
1,947
3,887		 Magazine
£		 Thornhill
£
25

25

2,900

180

3,080

199
208
407

679

1,086
 Egremont
Legacies
£



 Egremont
Building
£		 Egremont
Hall
Tangible
Asset
£		 Jubilee
£		 St
John's
Building
£		 Bigrigg
Housing
&
Ministry
£
3,776
3,776
460
460		 TOTAL
£
81
188
269
87
371
458
42,610
1,800
44,410
4,727
13,968
1,205
19,900
10,358
128
30,386

Page 22 of 26

Building Improvements
& Additions
Building Repairs
Exterior repair work
Total Building Repairs
Building Maintenance
Upkeep of tower clock
Boiler servicing
Electrical work
General Maintenance
Fire Prevention
Gutter Clearing
Church grounds
Total · Building
Maintenance
Total - Building Repairs
& Maintenance
Depreciation on fixed
assets
Upkeep of Services
Organ Maintenance
Music System
Altar costs
Hymn/Carol Books &
Orders of Service
Flowers
Total · Upkeep of
Services		 St
M&M
Church
1,446
900
900
222
1,013
28
683
1,800
3,746
6,092
325
321
111
80
837		 Hall
162
461
133
601
1,357
1,357		 St
John's
Church
126

461

22

136

744

744

20

40

60
 Magazine


 Thornhill
3,377
3,377
461
100
355
916
4,293
20
20		 Egremont
Legacies		 Egremont
Building
2,321
2,321		 Egremont
Hall
Tangible
Asset
4,313
 Jubilee St
John's
Building		 Bigrigg
Housing
&
Ministry
1,540
1,540
150
46
196
1,736
 TOTAL
3,767
5,817
5,817
222
438
2,441
283
1,420
1,800
355
6,959
16,543
4,313
325
321
131
80
60
917

Page 23 of 26

Disbursement
of PCC fees
Wedding:
clergy
Wedding:
verger
Funeral: clergy
Funeral: travel
Funeral:
verger
Carlisle
Diocese Fees
Total ·
Disbursement
of PCC fees
Trading
Costs
Caretaking &
Cleaning
Wages
Grisdale's
Management
Fee
Total ·
Trading
Costs
Total -
Directly
relating to
work of the
Church		 St
M&M
Church
321

175

1,801

195

210

5,885

8,588

65,403
 Hall

3,666
3,666
10,589		 St
John's
Church
35
211
15
140
662
1,063
12,808		 Magazine Thornhill
8,479
 Egremont
Legacies
 Egremont
Building
2,321		 Egremont
Hall
Tangible
Asset
4,313		 Jubilee St
John's
Building		 Bigrigg
Housing
&
Ministry
1,621
1,621
7,592		 TOTAL
321
210
2,012
210
350
6,548
9,651
3,666
1,621
5,287
111,506

Page 24 of 26

Church
Management &
Administration
Team Vicar Advert
costs
Printing Statn. &
Postage
Publicity
Training Costs
Resources costs for
non-fund raising
activities
Subscriptions
Churches Together
Accountancy
charges
Total Subscriptions
Total · Church
Management &
Administration
Total - Charitable
Activities
Total Expenses
Net gains/losses on
Investments
Net
Income/expenditure
Total funds
brought forward
Total funds
carried forward		 St M&M
Church
497
138
52
131
23
25
542
567
1,408
67,049
67,170
-5,001
50,793
**45,792 **		 Hall
36
36
10,625
10,625
1,562
21,291
**22,853 **		 St
John's
Church
226
40
25
25
291
13,319
13,442
3,182
23,354
26,536		 Magazine

47
7,764
7,811		 Thornhill
45
25
25
70
8,549
8,574
-1,977
4,591
2,614		 Egremont
Legacies

17,332
116,418
133,750		 Egremont
Building
2,321
2,321
2,539
96,004
**98,543 **		 Egremont
Hall
Tangible
Asset
4,313

4,313
-4,313
121,257
**116,944 **		 Jubilee


3,618

3,618
37,932
41,550		 St
John's
Building

1,950
14,881
16,831		 Bigrigg
Housing
&
Ministry
7,592
7,592
1,500
1,500
**3,000 **		 TOTAL
768
174
52
131
63
75
542
617
1,805
113,769
114,038
3,618
20,438
495,786
516,224

Page 25 of 26