**Treasurer’s Report 2024 Accounts** 

The Tower Appeal was launched towards the end of 2022 and the prospect of raising just over a quarter of a million pounds seemed a very daunting prospect.  Thanks to several grants, numerous fundraising events, a large donation from the Friends of St Nicholas and the support and generosity of the congregation and the wider community, the target was reached and the Appeal closed in May 2024 when the final invoice for the building work was paid. 

In October, we held a stewardship campaign asking people to consider whether they were able to increase their giving and encouraging those not already doing so, to become regular givers. There was a very positive response from existing donors and regular monthly giving has increased. However, there are very few new regular givers which is disappointing. We are of course, grateful for all contributions but being able to rely on a monthly income is important for budgeting purposes. 

We also joined the Parish Giving Scheme in October. The scheme administers Regular Giving and claims the Gift Aid on behalf of the parish at no cost to ourselves. We hope that donors will transfer to the scheme as it will reduce the parish workload. 

The PCC agreed to increase our contribution to the Diocesan Common Fund by £5,000 in 2025 so we will be paying £57,000. The Parish Standard Cost set by the Diocese for 2025 is £99,980. This covers clergy salaries, pensions & housing: clergy training & development: services & support for parishes. The PCC regrets that our current financial situation does not allow us to cover more of that cost. 

We thank everyone who makes a financial contribution to our church and trust that we can count on your continued support. 

Managing the finances is a team effort and my thanks go to Fiona, Hilary, Joan, Nicky and Jeremy who count and bank cash or keep the stewardship records or submit the Gift Aid claims. They have done this ever since I became treasurer 10 years ago and I am so grateful for their support. 

Kathy Hodge 

PCC Treasurer 

April 2024 



(Registered Charity No. 1138021) 

## **St. Nicholas Church Shepperton Financial Statements for the Year Ended 31 December 2024** 

## **Receipts and Payments Account** 

|2023<br>2023<br>2023<br>General Restricted Designated<br>£<br>£<br>£<br>46,336<br>-<br>-<br>6,318<br>-<br>-<br>3,823<br>20,399<br>-<br>5,603<br>33,236<br>-<br>-<br>35,000<br>-<br>-<br>69,750<br>-<br>-<br>-<br>-<br>400<br>358<br>447<br>5,228<br>-<br>-<br>3,850<br>-<br>-<br>-<br>17,301<br>-<br>38<br>-<br>-<br>-<br>5,000<br>500<br>-<br>-<br>17,972<br>**71,596**<br>**181,044**<br>**18,919**<br>52,000<br>-<br>-<br>8246<br>-<br>-<br>3,290<br>-<br>-<br>776<br>-<br>-<br>2,478<br>-<br>-<br>-<br>50<br>-<br>9,782<br>152<br>-<br>2,692<br>-<br>-<br>6,336<br>-<br>-<br>20<br>1,135<br>-<br>180<br>-<br>1200<br>500<br>-<br>-<br>-<br>-<br>5,000<br>-<br>247,415<br>-<br>-<br>-<br>18,937<br>-<br>-<br>-<br>-<br>-<br>-<br>**86,300**<br>**248,752**<br>**25,137**<br>**-14,704**<br>**-67,708**<br>**-6,218**<br>-2,880<br>394|2024<br>2024<br>2024<br>General<br>Restricted Designated<br>**Receipts**<br>£<br>£<br>£<br>Stewardship<br>46,841<br>-<br>-<br>Collections<br>7,030<br>-<br>-<br>Donations<br>3,585<br>10,712<br>28<br>Tax Recovered<br>18,320<br>11,912<br>272<br>Loan received<br>-<br>-<br>-<br>Grants received<br>-<br>47,260<br>-<br>Legacies<br>-<br>-<br>16,985<br>Interest and Income from property<br>-<br>92<br>562<br>Fees<br>4,875<br>-<br>Income from trading and advertising<br>1,685<br>-<br>-<br>(Shepperton News and engraved plaques)<br>Fundraising<br>4,384<br>2,103<br>-<br>Flowers<br>-<br>-<br>-<br>Other incoming resources<br>-<br>-<br>500<br>Parish Centre income<br>-<br>-<br>18,348<br>**TOTAL**<br>**86,720**<br>**72,079**<br>**36,695**<br>**Payments**<br>Diocesan Fund<br>52,000<br>-<br>-<br>Salaries<br>8,346<br>-<br>-<br>Organists' Fees<br>3,470<br>-<br>-<br>Clergy and Rectory expenses<br>853<br>-<br>-<br>Ministry<br>2,407<br>-<br>-<br>Flowers<br>-<br>-<br>-<br>Running expenses<br>11,358<br>244<br>-<br>Utility bills<br>3,192<br>-<br>-<br>Cost of trading and advertising<br>1,274<br>-<br>-<br>(Shepperton News and engraved plaques)<br>Cost of fundraising<br>425<br>325<br>-<br>Outward giving<br>932<br>-<br>1,200<br>Transfer to Rectory Maintenance fund<br>500<br>-<br>-<br>Transfer to Fabric Fund<br>-<br>-<br>-<br>Repairs, Alterations and Maintenance<br>299<br>9,967<br>-<br>Parish Centre expenditure<br>-<br>-<br>22,631<br>Loan repayment<br>-<br>35,000<br>-<br>Loan Interest<br>-<br>526<br>-<br>**TOTAL**<br>**85,056**<br>**46,062**<br>**23,831**<br>**Deficit/Surplus**<br>**1,664**<br>**26,017**<br>**12,864**<br>Net loss/profit from Shepperton News<br>80<br>Net revenue from supplying plaques<br>331|
|---|---|





## **St. Nicholas Church Shepperton** (Registered Charity Number 1138021) **Statement of Assets and Liabilities as at 31 December 2024** 

|**Cash Funds**<br>Barclays Current Account<br>Barclays Saver Account (1)<br>Barclays Saver Account (2)<br>NatWest Current Account<br>NatWest Deposit Account<br>Petty Cash<br>**Total Funds**<br>**Represented by:**<br>**General Fund**<br>Opening balance<br>Excess of receipts over payments<br>Closing balance<br>**Restricted Funds**<br>Opening Balance<br>Excess of receipts over payments<br>Closing balance<br>**Designated Funds**<br>Opening balance<br>Excess of receipts over payments<br>Closing balance<br>**TOTAL FUNDS**|**£**<br>21,284<br>19,011<br>40,608<br>5,015<br>6,700<br>124<br>**92,742**<br>**£**<br>**£**<br>1,710<br>1,664<br>3,374<br>-14,944<br>26,017<br>11,073<br>65,431<br>12,864<br>78,295<br>**92,742**|
|---|---|



Rev. Carole George Rector 

John Child Kathy Hodge Churchwarden PCC Treasurer 



## **Summary of Restricted/Designated Funds for the Year Ended 31 December 2024** 

||**£**||**£**|
|---|---|---|---|
|**ALMA**||**Designated-Fabric**||
|Balance at 1st January 2024|1,654|Balance at 1st January 2024|2,725|
|Interest|15|Receipts|17,286|
|**Balance at 31 December 2024**|**1,669**|Interest|170|
|||**Balance at 31/12/2024**|**20,181**|
|**Churchyard**<br>Balance at 1st January 2024<br>Payments<br>Interest|1,308<br>-475<br>7|**Designated-Maintain Rectory**<br>Balance at 1st January 2024<br>Receipts|2,198<br>500|
|**Balance at 31 December 2024**|**840**|Interest|23|
|||**Balance at 31/12/2024**|**2,721**|
|**Organ and Music**<br>Balance at 1st January 2024<br>Payments<br>Interest|7,101<br>-244<br>58|**Designated-Mission & Ministry**<br>Balance at 1st January 2024<br>44,509<br>Payments<br>-1,200||
|**Balance at 31 December 2024**|**6,915**|Interest|369|
|||**Balance at 31/12/ 2024**|**43,678**|
|**Tower and Restoration Fund**<br>Balance at 1st January 2024<br>Receipts<br>Payments<br>Interest|-25,544<br>71,123<br>-45,344<br>2|**Designated-Parish Centre**<br>Balance at 1st January 2024<br>Receipts<br>Payments|15,998<br>18,348<br>-22,631|
|**Balance at 31 December 2024**|**237**|**Balance at 31/12/2024**|**11,715**|
|**Bereavement Café**<br>Balance at 1st January 2024<br>Receipts<br>Interest|200<br>400<br>5|**RESTRICTED FUNDS**<br>**DESIGNATED FUNDS**|11,073<br>78,295|
|**Balance at 31 December 2024**|**605**||**89,368**|
|**Little Fishes Baby & Toddler Group**<br>Balance at 1st January 2024<br>Receipts<br>Interest|338<br>302<br>5|||
|**Balance at 31 December 2024**|**645**|||
|**Flowers**<br>Receipts|162|||
|**Balance at 31 December 2024**|**162**|||





## **Outward Giving for the year ended 31 December 2024** 

## **General Fund** 

|**General Fund**||
|---|---|
|Plan International - advances children's rights around the world|180|
|Foodbank|752|
|**Designated Funds**||
|Faith Awareness in Children|1,200|
|**Special Collections**||
|Lent Appeal:||
|Toilet Twinning|180|
|Foodbank|248|
|Christingle:||
|Children's Society|90|
|Carol Service:||
|Foodbank|290|
|**Donation from Breakfast Club:**||
|Crisis|175|





## **Independent examiner’s report to the trustees of St Nicholas Church, Shepperton** 

I report to the trustees on my examination of the accounts of the St Nicholas Church, Shepperton for the year ended 31 December 2024. 

## **Responsibilities and basis of report** 

As the charity trustees of the St Nicholas Church, Shepperton you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). 

I report in respect of my examination of the St Nicholas Church, Shepperton accounts carried out under section 145 of the 2011 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 St Nicholas Church, Shepperton as required by section 130 of the Act; or 

2. the accounts do not accord with those records. 

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. 

Signed: 

Name:  Heather Powell 

Relevant professional qualification or membership of professional bodies :  Fellow of the Institute of Chartered Accountants in England and Wales 

Address:  Avon Lodge, Station Approach, Shepperton 

Date:  6/4/2025