Annual Report and Financial Statements for
The Parochial Church Council of the Ecclesiastical Parish of
Earley St Nicolas
for the year ended 31 December 2024
Charity Reglstratlon Number: 1138037

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF EARLEY ST NICOLAS
Registered Charity in England and Wales No. 1138037
Annual Report for the year ended 31 December 2024
Aims and Purpose
The Parochial Church Councll {PCC) of Earley St Nicolas Church has the responsibility of cooperating with
the Vicar in promotlng the whole mission of the Church, pastoral, evangelistic, social, and ecumenical
within the whole parlsh of Earley St Nicolas.
Objectives and artivities
The PCC is committed to enabling as'many as possible to worship at our church and become part of the
parish community of Earley St Nicolas. The PCC maintains an overview of worship throughout the parlsh
under the leadership of the Vicar and our services and worship put faith into practice through prayer and
scripture, music, and sacrament.
When planning our attcivities for the year, we have considered the Charity Commission's guidance on public
benefit, and in particular the specific guidance on charities for the advancement of religion. We try to
enable people to live out their faith as part of our church community through..
Worship and prayer,. learning about the gospel. developing their knowledge of and trust in Jesus
Christ
Provlslon of pastoral care for people living in the parish, mission, and outreach work
Maintaining and developing the church, centre, and grounds as a venue for church and community
Our Mission
To be 'Open to God, open to one another, open to the community.
We are followers of Christ who.believe and seek to demonstrate that God is Wlth and for all people.
Our Values
We are God Centred
If It were not for God, we would not be here
we want the character and values of Jesus
Christ to be the bedrock of who we are as
church. We have Holy Communion at the
heart of our worship where everyone is
welcome to receive.
We are open and frlendly
We come as we are and anyone else can do
the same.
We are serious about our faith but do not
take ourselves too seriously.
We believe God loves and welcomes
everyone- we try to do the same.
We are supportive
We try to support people in the good times
and the bad. This support may be for a
person in our congregation, in the local
community or further afield.
We are seeklng Justke for all
Jesus had a particular connection with
people who were living in poverty, outcast
or marginalised. We aim to follow his
example by working directly, with charities
and with communities for a fairer world.
Page l of 17

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF EARLEY sr NICOLAS
Annual Report for the year ended 31 December 2024 {contlnued)
Achievements and performance
Our Vicar, April Beckerleg retired at the end of July 2024. Since then, we have been in vacancy with the
churchwardens responsible for the day to day running of the church. with the support of the Reading Area
Dean and the Archdeacon and Assistant Archdeacon of Berkshire.
Worship and prayer
The PCC endeavours to offer a range of services during the week and over the course of the year
that our community finds both beneficial and spiritually fulfilling. Our usual pattem of Sunday
services includes two services of Holy Communion (8am and loam) and an online evening prayer servi￿.
Numbers attending the 8am Holy Communion service declined during the Winter months, so in
consultation with that congregation, while in vacancy we have postponed the 8am service.
We a150 have a weekly midweek communion service. We have additional services throughout the year,
particularly during Christmas and Holy Week, when we hold a service each evening. The PCC is committed
to having the church open every day for anyone who wishes to spend time in prayer or reflertion.
Morning prayer is usually said in church Monday-Thursday each week, but has also been postponed during
the vacancy.
The PCC has pledged to be a 'hybrid' church, committed to supporting those who worship virtually. Our
10am service is livestreamed on YouTube, and for those unable to access online servlces a CD recording of
the service is delivered to them each week and our evening Sunday service is exclusively on Zoom. Our
PCC meetings are both in person and on zoom. We hold a communion service each month at the nursing
home In the parish.
All are welcome to attend our services. At present there are currently 141 on the parish Electoral
Roll. 89 live within the parish. Attendance in person is around 45 for our 10am service. Online
attendance is almost impossible to measure, but our Sunday services usually have around 25 views.
Pastoral Care
We endeavour to keep in regular contact with our church family and thanks to volunteers have
offered practical assistance wherever possible, and visiting when people are unable to come in person to
church. Much support and mutual care takes place in Home Group5. We have an active prayer chain, which
continues to pray for those within the church community. All prayer requests are prayed at morning prayer
in church.
Dlsclpleship
We have a thriving network of Home Groups who meet both in person and virtually using Zoom
Most groups continue to follow a course, meeting fortnightly for fellowship, prayer and teaching.
Other discipleship activities have included the Lent and Advent groups and Space to Breathe reflective
service.
Page 2 of 17

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF EARLEY ST NItOLAS
Annual Report for the'year ended 31 December 2024 (contlnued)
Mission and outreach
We are delighted that the St Nicolas Centre is busy wlth many community groups. with a large range of
activities for adults, and children are held each week, such as dance, drama, Scouts groups, a choir, tai chi
and yoga.
There are also various fellowship groups that meet each week, for babies and carers, board game cafe, a
popular community café every Friday and a monthly Memory Café for those affected by dementia and
their carers. Other organisations who use our space include Parenting Special Children, Berkshire Vision
and Women's Busine55 Network. We have hosted meals for local refugees, providing a safe space for
people to gatheri play games and eat together.
At Chrlstmas we held popular Carols By Candlelight 'Carols in the Car Parw and a Crlb/Christingle servi￿.
This year, as a joint venture with Oasis Church Reading, hosted Christmas Craft Pop-ups and After School
Sessions. These proved to be very popular and we are looking to do similar in the future.
Making the Easter Garden on Good Friday is also very popular with local families, most of whom are not
regular attenders at St Nicolas.
School services for Easter, Harvest and Christmas were held in church, each attended by around 350 local
children and parents.
Financial Revlew ot the Year
In 2024 we have seen two key regular hirers leave: Earley Montessori Nursery and Earley Charity. Since the
combined income in 2023 was just under £27,000, this has been a major challenge to our finances. In
addition, we have seen congregational giving fall, due to natural churn, as people move away etc and have
been faced by increases in costs due to inflation.
Initial forecasts are predicting a shortfall for 2025, which would significantly eat into our reserves. PCC
have therefore put a number of measures into place to address this..
We are extremely grateful to our office staff who have worked very hard to get additional bookings
for Centre. This work is ongoing.
We are startlng to accept bookings for children's parties.on Saturday afternoons.
We have increased our hire rates. This had not been done since the St Nicolas Centre opened in
2019.
Having hosts during the day in the Servery has increased the donations made to cover
refreshments.
We have publicised the various ways that donors can give to St Nicolas.
We are planning a Stewardship Campaign to encourage an increase in donations from the
congregation. We are starting to see an increase in the numbers attending our services, which, we
hope, in,time will translate into new regular donors.
We remain very grateful to all our donors.
Page 3 of 17

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF EARLEY ST NICOLAS
Annual Report for the year ended 31 December 2024 (continued)
The accounts show gross income for the year of £125,359, of which £124,854 related to unrestricted funds
and a further £505 was received for restricted funds. Of thls gross income, £53,380 was unrestricted
planned voluntary giving and £12,536 was from Gift Aid received into the General Fund. Income from
renting the Church and Centre fell from £49,436 to £45,959.
Unrestricted expenditure rose slightly from £159,897 to £162,633. This figure includes depreciation of
£27,447 which is an accounting entry reflectlng the use of our assets. We gave £2,413 in outward giving
and a list of grants is included in the notes to the accounts.
After reserve transfers the General Fund fell by £12,578 to £9,060. No transfers have been made into the
Major Repairs Fund this year, due to the low balance on the General Fund.
During the year, the net movement on unrestricted funds was a decrease of £37,770 and the net
movement on restricted funds was an increase of £401. Total funds fell by £37369, to £1,133,799.
Reserve5 Policy
The PCC considers that it is appropriate to maintain a balance on free reserves equivalent to
approximately three to four months of unrestricted expenditure to meet its needs, including its legal and
construrtive obligations and to smooth out fluctuations in cash flow. This is approximately £30,000. The
balance of the General Fund at 31st December 2024 was £9,060.
Investment Policy
It remains our policy to invest our funds balances with the Central Board of Finance (CBF) Church of
England Deposit fund.
Volunteers
We should like to thank all who work so hard to make our church the lively and vibrant community
it is. We want to thank the current church wardens, Wendy Neale, Julia Jones and Jane Olney. They have
worked tirelessly on our behalf. Thanks also to the members of the PCC for their valuable contribution to
our ministry and for keeping the church running.
Administratlve Information
St Nicolas Church, Earley is situated on Sutcliffe Avenue in Earley. It is part of the Diocese of Oxford
within the Church of England. The Corresponden￿ address is St Nicolas Church, Sutcliffe Avenue,
Earley, Reading RG6 7JN.
The Parochial Church Council (PCC) was registered as a charity in England and Wales on
15 September 2010, under registration number 1138037
Pa8e 4 of 17

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF EARLEY ST NICOLAS
Annual Report for the year ended 31 December 2024 (continued)
Trustees
The following served as Trustees throughout or for part of 2024 or were Trustees at the time of the report
being approved..
Name
Position
Term
Start
2020
End
July 24
Revd April Beckerleg
Chair Ex officio
Emma Major
LI￿nsed Lay Minister Exofficlo
2021
Wendy Neale
Julia Jones
Jane Olney
Co-churchwarden and PCC member
Co-churchwarden Ex officio
Churchwarden Ex officio
2020
2020
2021
2025
2025
2025
Jane Olney
Safeguarding Officer
2021
2025
Jenny Bryce
Deanery Synod Member Ex officio
2023
(2020
12017
2026
2023)
2020)
Elaine Spratling
Deanery Synod Member Ex officio
2023
(2020
(2017
2023
Apr 24
Apr 24
Apr 24
2023
2023
2023
2022
2022
2021
2021
2026
2023)
2020)
2026
2027
2027
2027
2026
2026
2026
2025
2025
Apr 24
Apr 24
Denise Rees
Dave Pooler
Akinyele Olopade
Bernie Choi
Eleanor Gunbie
John Bethell
Lynn Olasunkanmi
Uki Abu
Pat Holloway
Doug Waldrond
John Louth
Deanery Synod.Member Ex officio
Elected Member
Elerted Member
Elected Member
Elected Member
Elected Member
Elected Member
Elected Member
Elected Member
Elected Member
Elected Member
Non-Trustee members of PCC in regular attendance
Vicki Procko
PCC Secretary
2023
{2022
(2021
2024
2023)
2022)
Page 5 of 17

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF EARLEY ST NICOLAS
Annual Report for the year ended 31 December 2024 (continued)
Structure. governance and management
The Parochial Church Council is a corporate body established by the Church of England. The PCC
operates under the Parochial Church Council Powers Measure.
Members of the Parochial Church Council (PCC} are either ex officio or elected at the Annual
Parochial Church Meeting in accordance with the Church Representation Rules. The appointment of
PCC members is governed by and set out in the Church Representation Rules. Elected members are
elected by those on the electoral role of the church. All Church attendees are encouraged to
register on the Electoral Roll and hence are eligible to stand for election to the PCC. In addition,
member5 may be co-opted as necessary.
Structure and Governance
The Funrtion5 andpurpose of the PCC
PCC is a body corporate in its own right. in other words it has a legal status to which attach
certain rights and duties. The kèy to the role of the PCC lies first of its general fvnctions: cooperation with
the vicar in promoting in the parish the whole mission of the church. Other powers,
rights and responsibilities include: responsibilities for the financial affairs of the church, the care.
maintenance, preservation and insurance of the fabric of the church and its goods; the care and
maintenance of any churchyard; to decide jointly with the vicar forms of service to be used.
Standing Committee
This Is the only committee required by law. It meets as and when necessary.
Other Commlttees
The PCC appoints sub-committees from time to time, who are all responsible to the PCC and report
back regularly.
Where appropriate the PCC delegates a level of financial responsibility to individual committees.
The PCC follows the Diocese of Oxford Safeguarding Training Requirements.
The PCC has a designated safeguarding officer, Jane Olney.
Approved by the PCC on 13th March 2025 and signed on their behalf by:
Wendy Neale, PCC Vice Chair
Page 6 of 17

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF EARLEY ST NICOLAS
ststement of Financlal Activities (SOFA) for the year ended 31st December 2024
2024
2023
All figures in £
Note
Unrestricted Restrlrted Endowment
Funds
Funds
Funds
Total
Total
Income and Endowments from:
Donations and Legaaes
Al
69.616
505
70,121
77.293
tharitable Activities
A2
3,804
3,739
OtherTrading Activities
A3
48,733
48,733
50,295
Investments
A4
2,701
124,854
2,701
125,359
Total Income and Endowments
505
133J33
Expenditure on:
Ralslng Funds
81
Charltable Activities
B2
162.633
95
162,728
159,897
Govemance costs
Total Expenditure
162 633
95
161728
159,897
Net Gains/(Losses) on Investments
Net InwmellExpenditure)
(37.7791
410
(37.369)
125,964)
Transfers between Funds
Other Reco8nised GainsllLosses)
Gains/(Losses} on Revaluatlon of Fixed Assets
Net Movement In Funds
(37,770)
401
(37,369)
(25,964)
Reconclllatlon of Funds:
Total Funds brou8ht forward
1,138,879
22,289
iO,(K)O
1,171,168.
1,229,422
Totsl Funds carried forward
1,101.￿9
22,690
IOJJ(MJ &133.799
1,171,168
• The statement of financial activities includes all gains and losses recognised In the year.
• All income and expenditure derives from continuing activities.
• See Note G3 for the comparatlve SOFA
Page 7 of 17

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF EARLEY ST NICOLAS
Balance Sheet as at 31st December 2024
2024
2023
All fi8ures in £
Note
Unrestrirted Restrfcted Endowment
Funds
Funds
Funds
Total
Totsl
Flxed Assets..
Tangible Assets
Total Fixed Assets
ci
1.066,790
I,066,7￿3
1.066.790
1,092,093
1,091093
IA166.790
Current Assets:
Debtors
DI
9,463
ioi
9.564
7,847
Cash at Bank and in Hand
D2
31,473
22,589
22,690
10.000
64,062
73,626
77,666
Total Current Assets
40,936
10000
85,513
Uabllitles:
Creditors.. Amounts fallln8 due within a year
El
6.617
6,617
6,438
Net Current Assets or Llabllltles
34319
22,690
io,wo
67,009
79,075
Totsl Assets less Current Liabifitles
1.101,109
22,690
io,ofy)
1,133,799
1,171,168
Creditors: Amounts falling due after one year
Provisions for Liabilities
Total Net Assets or L5abSllties
LIOI,109
22,690
10000
1,133,799
1,171,168
The Funds of the Charity:
Endowment Funds
Fl
io,Lx)o
10,000
Restrlcted Incorne Funds
F2
22,690
22,289
Unrestricted Funds
F3
1,101,109
1,138,879
Total Charity Funds
1,133,799
L171,168
Approved by the Parixhial Church Council on 13th March 2025
Jane Olney (Churchwarden)
Wendy Neale (Chur¢hwarden)
Julla Jones {c￿ChurChWarden)
Page 8 of 17

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF EARLEY ST NICOLAS
Notes to the Accounts for the year ended 31st December 2024
l. Accounting Policies
1.01. Basis of preparation and assessment of going concern
The accounts (financial 5tatement51 have been prepared under the historical cost convention with items recognised
at Cost or transaction value unless othenvise ststed in the relevant note(s) to these accounts.
The financial statements have been prepared In accordance with the Statement of Recommended Practice..
Accounting and Reporting by Charities preparlng their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 102) issued in October 2019; the Financial Reporting Standard
applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.
The PCC consider that there are no material uncertainties about the church's ability to continue as a going concern.
Although a loss is forecast for 2025, measures have been put into place to increase income as described in the
Trustees Annual Report.
1.02. Funds structure
In 2013. the Vicar and Churchwardens received 3 bequest from Pat Dummer for £lm which was held as an
expendable endowment fund. The trustee5 decided to use the bequest to fund the building of the St Nicolas Centre,
an exciting replacement for the ageing hall building. The Endowment was fully consumed In 2018.
The PCC has a second endowment, the Amos Sharp Fund, which can be used to purchase fixed a55ets for the Church.
The capital sum of the endowment must be maintsined in the long-term at the value of £IOk.
Restrlcted funds are funds which are to be used in accordance with specific restrictions imposed by the donor or trust
deed. The main restrlcted funds are the St Nicolas Centre Fund, the Church Repair Fund and the Sue Watson
Memorlal Fund which Is to be used to purchase items visible in the church.
Unrestricted income funds comprlse those funds whlch the PCC are free to use for any purpose in furtherance of the
charitable objerts. Unrestricted funds Include designated fvnds where the PCC, at their discretion, have created a
fund for a specific purpose.
Further details of each fund are disclosed in notes Fl to F3.
1.03. Income recognition
All income is recognised once the charity has entitlement to the income, it is probable that the income will be
received and the amoLtnt of income receivable can be measured reliably.
Planned giving, collections and donations are recognised when received. Tax refunds are recognised when the
income to which they relate is received.
Legacie5 are accounted for when the PCC Is legally entitled to the amounts due. Entltlement is taken as the earlier of
the date on which either: the church Is aware that probate ha5 been granted, the estate has been finalised and
notificatlon has been made by the executor(s) that a dSstrlbutlon will be made or when a distribution is received from
the estate. Investment income is accounted for when recelvable.
All other income is recognised when Itls recelvable. All income is accounted for gross.
Page 9 of 17

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF EARLEY ST NICOLAS
Note5 to the Accounts for the year ended 31st December 2024 {contlnued)
1.05. Expenditure recognition
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity
to that expenditure, it is probable that settlement will be reqUI￿d and the amount of the obligation can be measured
reliably.
All expenditure is accounted for on an accruals basis.
Parish Share is accounted for when due to be paid.
Grants payable are payments rnade to third parties in the furtherance of the charitable objects. In the case of an
unconditional grant offer this is accruèd once the recipient has been notified of the grant award. The notification
gives the recipient a reasonable expectation that they will receive the one-year or multi-year grant. Grants awards
that are subject to the recipient fulfilling performance conditions are only accrued when the recipient has been
notified of the grant and any remaining unfulfilled condition attaching to that grant is outside of the Control of the
Trust.
1.06. Irretoverable VAT
Irrecoverable VAT is charged against the expendlture heading for which it was incurred.
1.07. Costs of raising funds
The costs of raising funds include any direct costs attributable to fundralsing events or fundralslng activities.
1.08. Charitable activities
Charitable activities include the cost of the Parish share, stsfflng the Parlsh Offlce. malntalnlng and heating the
church and the halls and providing church serrfices.
1.09. Tangible fixed assets and depreciation
In so far as consecrated and benefice property of any kind i5 excluded from the statutory definition of "charity. by
Settion 10(2) {a} and (c) of the Charities Act 2011 such assets are not capitali5ed in the financial statements.
All assets costing more than £500 are capitalised and valued at historical cost.
Depreciation 15 charged on assets on a straight-line basis over their estimated useful life as follows:
o Furniture, fixtures, fittings and equipment: 5 years
o Improvements to the Fabric of Buildings: 8 Years
o Church Hall: 50 years
1.10. Pensions
The charity participates in a defined contribution penslons scheme, administered by Nest. Contribution5 in respect of
this scheme are charged to the Statement of Financial Activities forthe year In which they are payable. riming
differences between contributions payable and contributions actually pald in the year are shown as either accruals or
prepayments at the year end.
Page 10 of 17

THE PAROCHIAL CHURCH COUNaL OF THE ECCLESIASTICAL PARISH OF EARLEY ST NICOLAS
Notes to the Accounts for the year ended 31st December 2024 (contlnued}
Al: Donatlons & Legacles
2024
2023
Allfiqures in £
Unrestricted Restrlcted Endowment
Fund5
Funds
Funds
Total
Total
Income from Standlng Orders
Donations to the Plate
53,380
53,380
60,517
20
20
Other Donations
3.133
404
3,537
3,902
Donations given via CAF
547
547
108
Gift Aid Recovered
12,536
ioi
12.637
12,766
Totsl Income from Donations & Legacies
69.616
505
70,121
77293
A2: tharitable Actlvities
2024
2023
Allfigures In £
Unrestricted Restricted Endowment
Funds
Funds
Funds
Total
Total
Church Fees
673
673
1,468
Servery income
Miscellaneous
2,334
2,334
2,052
797
797
219
Totsl Income from Charitable Artlvltles
3,804
3,804
3,739
A3: Other Trad5n8 Actlvities
2024
2023
Allfigures In £
Unrestricted Restrlcted Endowment
Funds
Funds
Funds
Total
Total
Fundraisin8 Events
Income from Renting the Centre artd Church
2,207
2,207
95
45,959
45,959
49A36
Incorne from services to Centre Hirers
567
567
764
Total Income from Other Trading Artivities
48,733
48,733
50.295
A4: Investments
2024
2023
Allfigures in £
Unrestricted Restrlcted Endowment
Funds
Funds
Funds
Total
Total
Bank Interest
2,701
2,701
Total Income from Investments
2,701
2,701
2,606
Page 11 of 17

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF EARLEY ST NICOLAS
Notes to the Accounts for the year ended 31st December 2024 (continued)
Bl: Raising Funds
2024
2023
Allfigures in £
Unrestricted Restrfcted Endowment
Funds
Fund$
Funds
Total
Total
Events
Total ExPendI￿re on Rai$in£ Funds
B2: Charltable Actlvltles
2024
2023
Allfigures in £
Unrestrirted Restrirted Endowment
Funds
Funds
Funds
Total
Total
Parish Share
60.271
60,271
61.257
Staffing Costs
Clergy expenses
Building & Mainten3nce-Church and grounds
Church
Grounds (including car park)
Buildin8s & Maintenance Total
23,484
23,484
20.538
20
2,559
188
2,747
2,559
188
2,747
L299
156
1,455
Centre Running Costs
Depreciation
Cleaning
Utilrties
24,450
24,450
24,540
6,376
10,332
5,645
9,395
9,395
10,255
2,191
10,255
2.191
Repairs and maintenance
St Nicolas Centre build related costs
Centre Expenditure Total
1,500
48,393
46,291
46,291
Church Running Costs
Cleanlng and refuse
Utiltties
Insurance {In¢luding Centre insurance)
Photocopier
Other office costs
Telephone and ITcosts
Bank Charges
Servery and catering costs
Depreciation
Church Running CostsTotal
2,787
4,792
2,601
3,081
1,438
2.735
211
2,787
4,792
2,601
2,475
2,905
3,181
3,081
3,195
1.438
2.735
211
2.588
204
2,191
853
2,191
853
2.907
19,118.
20.689
20,689
Church Service Costs
Altar Requisites
1,262
1,262
980
Flowers
272
272
697
Licences
122
122
Musk costs Including organ tunin8
Visiting Clergy c05tS
Mlscellaneous
3,354
3,354
4,279
1,051
1,051
131
473
473
636
Church Service Costs Total
6.534
6,534
6,723
Subtotal carried forward
160,016
160,016
157,504
Page 12 of 17

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF EARLEY ST NICOLAS
Notes to the Account5 for the year ended 31st December 2024 (continued}
B2: Charltable Acthrttles (cont'd)
2024
Unrestrlrted Restrlcted Endowment
Funds
Funds
Funds
160,016
2023
Allfigures In £
Total
Total
Subtotal brought forward
160,016
157.504
Marketing
Grants / Outward Givin8
Loan interest
B3
2,428
95
2,523
2,375
Church Groups
189
189
Total Expenditure on Charitable Activltles
162.633
95
162,728
159.897
B3: Grarrts l Outward Givi
2024
2023
Allfigures in £
Unrestrl¢ted Restrocted Endowment
Funds
Funds
Funds
Totsl
Total
Christian Aid
24
24
24
RE Inspired
Embrace Middle East
1,740
1,740
144
1,740
144
Royal Berkshire Hospital
Communicare
io
io
io
Care4Calais
Al&xander Devlne Children's Hospice
Children's Society
Ukraine Appeal
Macmlllan Coffee
270
270
42
42
257
21X)
198
198
Llnk Wsftlng
95
95
Other Costs Totsl
2,428
95
2,523
2,375
Cl: Tangible Assets
Free1￿Id Land and
Buildin8S
Flxtures. Flttln85 and
Equlpment
Totsl
At beglnnlng of the year
Addltlons
1,256,038
33,505
1.289,543
Disposa15
At the end of the year
1,256,038
33,505
1289y3
Depreclation
At beginnin8 of the year
Disposals
165,702
31.748
197,450
Depreclation
At the end of the year
24,450
190,152
853
25.303
222,753
32,601
Net Book Value at beginning of the year
1,090,336
1.757
1,092,093
Net Bookvalue at end of the year
1,065W6
I,066,￿0
Page 13 of 17

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF EARLEY ST NICOLAS
Notes to the Accounts for the year ended 31st December 2024 (continued)
DI: Debtors
2024
2023
Allfigure5 in £
Unrestricted Restrirted Endowment
Funds
Funds
Funds
Total
Total
Prepayments and A¢¢rued Income
Gift Aid Claim
1.285
2.532
ioi
1,386
2,532
1,506
1531
Prepayments
Other Debtors
Debtors for hall hlre
Parish Share Rebate
2,749
1,813
1,084
2,749
1,813
1,084
1,623
1.587
Other debtors
Debtors Totsl
9M63
ioi
9,564
7047
D2: Cash at Bank and In Hand
2024
2023
Allfigures in £
Unrestrirted Restrlrted Endowment
Funds
Funds
Funds
Total
Total
HSBC Current Accounts
20.047
IIA26
20,047
44,015
26,373
51,293
CCLA Deposit Account
Cash in Hand
22,589
10,000
Cash at Bank and in Hand Total
31,473
22,589
10.000
64,062
77,666
El: Creditors. Amounts falling due within one year
2024
2023
Allfigures In £
Unrestri¢ted Restrlcted Endowment
Fund$
Funds
Funds
Total
Totsl
Trade Creditors
6,617
6,617
5,187
Other Creditors
SeNlce Fees
1,251
Other accruals
Deferred income
Credltors Iwlthin one year) Total
6,617
6,617
6,438
Fl: Endowment Funds
Allfigures in £
pen
Income Expendlture
Transfers
os
Amos Sharp Fund
Fl.1
10,000
10,000
Totsl Endowment Funds
100
10,000
Fl.1. The capltal may be used to purchase fixed assets but must be rebullt to £10,000. Any interest earned is transferred Into
general funds.
Page 14 of 17

THE PAROCHIAL CHURCH COUNaL OF THE ECCLESIASTICAL PARISH OF EARLEY ST NICOLAS
Notes to the Accounts for the year ended 31st December 2024 (continued)
F2: Restricted Income Funds
Allfigure5 in £
Openlng
Balance
Closln
Balance
Income Expendlture
Transfers
Sue Watson Memorial Fund
F2.1
1,833
1,833
Loan fund
F2.2
Mernory café
Other restricted Item5
F2.3
299
25
324
F2.4
246
195)
(9}
622
St Nicolas Centre
F2.6
8,545
8,545
Youth fund
F2.7
241
241
Gardens and Grounds fund
F2.8
125
125
thurch repalr fund
Refugee Resilience fund
Total Restrkted Income Funds
F2.9
iO,Ll)O
iO,tM)O
F2.10
I,Ch)O
22,289
505
195)
22,690
F2.1. Fund to purchase items visible in the Church.
F2.6. Fund to build new St Nicolas Centre
F2.2. Fund for donatlons for the repayment of the Diocesan Loan
F2.7. Fund for donations towards youth work
F2.3. Fund for donatlons to the Memory Café
F2.8. Fund for work In gardens and grounds
F2.4. Fund for small restricted donations
F2.9. Fund for donatlons for repalrs to the church
F2.10. Fund for work with refugees
F3: Unrestricted Funds
Allfigure5 in £
Openlng
Balance
Inwme Expenditure
Closlng
Balance
Transfers
General Fund
21,638
124,443
1137,1371
116
9,060
Designated
Fixed Assets reserve
F3.1
1,092,093
25,148
125,3031
1,066,790
25,148
iii
Major Repairs Fund
Craft Pop-up
Totsl Designated Funds
F3.2
F3.3
411
(193)
125N96)
1107)
(107)
1.117341
411
1.092,049
Total Unrestrfrted Funds
1,138,879
124,854
1162.6331
F3.1 Fixed asset reserve: amounts put aside by the Pccto fund the flxed assets of the church.
1.101.109
F3.3 Craft Pop-up: a Joint fundralslng attlvlty-run by St Nicolas and Oasis Church Reading with the income from the events split
equally between the two churches.
Page IS of 17

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF EARLEY ST NICOLAS
Notes to the Accounts for the year ended 31st December 2024 (continued)
F3.2: Major Repairs Fund
In 2013. the PCC created a desl8nated Major Repairs fund to set aside monies to cover the experted costs of repairs and
maintenance to the fabrlc of the churth, the Centre and its grounds. There is also a Restrirted Fund of £IO,OCIO available to be
used for repairs to the Churth {see note F2.9).
Gl: Staffing Costs and Remuneratlon
Allfigures in £
Salaries and Wages
Employers Nl
Pension Costs
Training costs
Total Staffing Costs
2024
2023
22,960
20,044
494
494
30
23A84
20,538
G2.1. The average numberof employees in the year wa5 212023: 1).
G2.2. No employees recelved emoluments ovèr £60,th)O during the current or prior year.
G2: Trustee and Staff Remuneration, Related Party Transactlons, and Other Transartion5
Trustee Remuneration
None of the trustees of the charity were pald any remuneratlon or received any other benefits from an employment with the
charity or a related entity.
Trustee Expenses
In 2024, no trustees reclaimed expenses.
Trustee Donations
The total amount of donations received without condition5 from trustees in the year was £11,655
Related Party Tfansactions
None
Audit, Independent Examination and Other Financial Service Fees
There were no audlt or Independent examlnatlon fees paid by the charity In theyear.
Page 16 of 17

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF EARLEY ST NICOLAS
Notes to the Accounts for the year ended 31st December 2024 {¢ontinued)
G3: SOFA for the year ended 31st December 2023
2023
Unrestricted Restrfrted Endowment
Funds
Funds
Funds
All figures in £
Note
Total
Income and Endowments from:
Donations and Legacies
Charitable Artivities
Other Trading Actlvltles
Investments
Total Inconie and Endowments
Al
71,657
3,739
50,295
2,606
128,297
5,636
77,293
3,739
50,295
2,606
I33￿33
A2
A3
A4
5,636
Expenditure on".
Raising Funds
Charltable Artivities
Other
Total Expenditure
Net Gains/(Losses) on Investments
Net Incorne/lExpenditure)
Transfers between Funds
Other Recognised Gains/(Losses)
Gains/(Losses) on Revaluation of Fixed A55ets
Net Movement in Funds
Reconclllatlon of Funds:
Total Funds brought forward
Totsl Funds carried forward
Bl
B2
158,070
1,827
159,897
B3
158,070
1,827
159,897
{29,7731
3,764
125.%4)
{3,7641
(26,009)
{25.9fA}
1,164.888
1,138,879
22,244
22,289
10,000
10,000
1,197,132
1,171,168
Page 17 of 17

CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examinerfs report on the
accounts
Section A
Independent Examiner's Report
Report to the trusteesl
members of
nillyly NAfTI
St Nicolas Church, Earfey PCC
On accounts for the year
ended
31 De￿mber 2024
Charity no
(If any)
1138037
Set out on pages
1&2
I report to the trustees on my exarnination of the accounts of the above
charity {Wie Trust") for the year ended 31 December 2023.
Responsibilities and
basis of report
As the charitys trustees, you are responsible for the preparation of the
accounts in accordance with the requirements of the Charities Act 2011
('the Acr).
I report in respect of my examination of the Trust's accounts carried out
under section 145 of the 2011 Act and in carrying out my examination, I
have followed all the applicable Directions giv8n by the Charity Commission
under section 145(5)(b) of the Act.
Independent I have completed my examination. I confirm that no materlal matters have
examlner's statement come lo my attention in connection with the examinatlon which gives me
cause to believe that in, any material respect:
the accounting records were not kept in accordance with section 130
of the Charities Act; or
the accounts did not accord with the accounting records; or
the accounts did not compty with the applicable requlrements
conceming the form and content of accounts set out in the Charities
(Accounts and Reports) Regulations 2008 other than any requirement
that the accounts glve a Irue and fair, view which is not a matter
considered as part of an independent examination.
I have no concems 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.
Date:
Signed:
22" May 2025
Name:
R A Sedgwick
Relevant professional
qualification(s) or body
(if any):
FCA. Fellow of the Institute of Chartered Accountants of England and Wales
Address:
42 Gloucester Avenue, Shinfield. Reading, RG2 9GA
IER
Oct 2018

Section B
Disclosure
Only complete if the examiner needs to highlight material matters of concern
{se8 CC32, Independent examination of charity accounts: directions and
guidance for examiners).
Glve here brlef detalls of
any Items that the
oxaminer wishes to
dlsclose.
None
IER
Oct 2018