Registered Charity Number.. 1138075 REPORT OF THE TRUSTEESAND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEM8ER 2024 FOR ST PETER'S CHURCH SALESBURY PCC
ST PETER'S CHURCH SALESBURY PCC CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 Page Reference and Administrab've Details Report of the Twstees 4-5 Independent Examiner's Repyl Statement of Financial Aclivibes Bala Sheet Notes to the Financial Stslements 12
ST PETER'S CHURCH SALESBURY PCC REFERENCE AND ADMINISTRATIVE DETLs FOR THE YEAR ENDED 315T DECEMBER 2024 Ch•lr Rev'd Lvz McLoan Trust•M who $•Th•d during th• y•aT Elizabeth Bal¢M'n Trirya Beach Janel Bevety Amanda Birchall Frank Booth Ena t)ouglas Howard t)ouglas Diane Foote Anne Gockn'n (resigned duriryJ the year) Mick Grirne Sue Grime Janet Haworth Liz Hind Ha¥ry Shawes Ruth Warren Elaine Wray PCC Seuetary PCC Trnasurw Chur¢lhvdon Safeguardirs OffK Independènt Examln•r Gill Taylor
ST PETER'S CHURCH SALESBURY PCC REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2024 The Trustee's present th6 a)nual report together wilh the fawicial statem of ihe charity for the year ended 31# De¢mber 2024. Publlc Benefit Our Mission Action Plan is based on the Di05n 2026'Hethy ChLbrd)¢s Tr8n$fonning Cornmunrf' and 'Growing Leaders and moking DISTreS and beiThJ Wtnesses,. The Trustees provrfje the faeilib.es and SUFVOrt for ser¥wts open to 41 an opporiunity for ¢wiet contemplatK nd prayer. The Trustee5 are ¢ommrtt&d lo provKng an 0lIunty for everyone to worsFM"P at our thurch and to become part of our community at Salesbury. Structure and mMo•m•nt St Peter'$ PCC has the re6ponsibilty of cMperatirrfJ wth the inoJmbent in kKOTh)tsr#J in the ecLlesiastical parish Ihe whole mission of the chu. pastoral. avang81ist. 8(xi81 and It also has maintenanc responsit¥"lth"6s for thè churth ol Sl Peter's Salestr4Jry. Commbttee8 The PCC opèiatès throu a rwjmtef of commrttags. whth rrtei ful meets.ngs of the PCC. R•vièw of th• y8ar Throughout 2024 the chur¢h has ujninued to on three areas of minbsiry and mis8)n vthich hvJhlighted in 2022 as being essentsal to the growlh ofthè chuwth's ministry and missiC thin the c%)mmunty'. Children and Young peOe Stewardship ofthurth finaFKes aFKJ the tIldia and grndS Pastofal care Th& chuf¢h has ¢ontsn lo work dosely wth the sth¢x4 to ensure a pattem o1wkty iTrs(ool wor5htp and seasonal 3eThices h8ld in the church for Education Sunday. Christmas. Easter and School LeerS services. Gateway Junio Church and 'Messy Church, lor famtlies havè cc)tsnued and Ihe TKldW"nks l(>3 tiyjdler giwpl $tarte<l in Janu8ry 2024. Gateway youth{115 yearsl also began to meèt in 2024. th regards to stewardship the PCC conts"nd to work hard lo sijslain the dio¢wn c1mMrtnts. an¢J we are ple888(1 lo again rewrt that we rret our pansh contritrJth)n in 224. conbnue to support The Chikan.$ Sooety, Chnslian Aid. Blackburn Diocese Bishop's Harvest Appeal and other local and intemational charities at vanous times throughoLrt the y¢ar. The PCC continue lo bè very grateftjl lo 811 thurch family w) grye of tr bme and talents and who o)nth'bule financially to the work ol St Peier s During 2024 the foDJs on pastoral care indwled the Ueal of a p8Stor81 care leam arld training sessions being held. Our work coniinue5 in 2025 to reach out to those in Ihe church tsmity and the Icral communty who require pastoral ca support in some way. The thurch o)nlinues to be ath.ve in hosbng Life Ministries fu the communty eg bapbsms, w8ddtngs, confirniations and funeral ministries. A Stab pattem of WL¥shFp has been maintained through)ut the year wrth the indu%on of additional special seryices as we seek to be relevanl to th• local corrnwnty with en98gwig wOtsh. We look foald to conbnuing to hdp churth rwnbeTr rwise, dv4ek)p u6e t'r grfts to the glory of W'$ mission and ministry in Salestrwry paith.
ST PETER'S CHURCH SALESBURY PCC REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2024 Plan¥ lor the futur• We intend lo.. Nurture and develop new ways lo minister to thldren and farnilies and suprort the sthoor Encourage Chn5tl8n gNiNJ to be embethled in disufftshtp and m8Fntsin our C4)mmrtment lo Parish Share for a fijll-time vicar. conb.nue to pray lor the lrfe and growth of thÈ thurth famity and the needs of the worti. Continue our Outreach and develcp our fellowship 9roups. Flnanclal rnvl•w Tot81 receipts were £167.693 Q023.' £10S.01918?le delailed in the financaal Statents Total expenditure lor the year was £123.S)2 12023.. £121.$891 ofwhich £79.014 12023. £80.9231 was spent to Provide the Christsan mtnislry from St Peler's Church. induding the ojn1ritrwjtS to Ihe dKtesan parish share, which L4rgèly provides the stipends and housing for the dergy. The nel result for the yéar was a surplus ol leIpts over pay1rn18 of £44.191 121r23". £16.570 deffid). Re•eNM pollcy Thè balancé of unrestricted fvnds at 31st Decernbor 21Y24 was £53.310 {2023' £57.4531. This ant is adequate to meet unrestri¢#e(J expendrture lor a period of stx months. This Ve1 of re6eryes is ccnsthjer to be s(th.t for the conb.nued èxislerv of the PCC,. however it is to be rgv%¥Ed annually. The balance of £159,04812023." £111.1411 in resirnAed and endOWnt fvThJs is reialld towards meeting the costs of upkeep of the church and the churd)yard. STATEMENT OF TRUSTEES, RESPONSI8IUTIES Under charity &iw, the trustees are resis1b1e fot weparing the Rel of the Trustees and the finantsal statements for each financial year whth shcfy¥ a true and fair ofthe state of affairs ofthe chairty and of the excess of tncome over expendrture for thal powifyj. In prep8Fing these finanaal statements. genefalty ac£epted &ctyJnting pracke entails that the trustees.. -select Suitab aco)unting Wic4es aThJ then apply Ihem consistenty." -make judgements and estimates Ihat afe ieaSLX)able and prudènt", -stale whethèr the recomffendabons ofthe Ststemènt of the Recommended Practice have been folknved. suty'ect to any material dep8rture3 disdosed and expL3ined in the finar slalemerrts. -stale whether the finanual statements conwty wtrth the trust de•¢, $ubpcl10 811y materK41 departu$ disdosed aTrJ explained in the finanual statements.. and -prepa the finanual statefflents ttp wng ¢oncem basts UTh5 it inappro[.3te lo that the thanty will contsnue rts tlt$. The trustees are raquired lo act in ar£orda wbth the trust deed ofthe chanty. vthhin the framvwort ol trust law. Th¢y gro responsible for k8eping proper accnng recxyds. suffint to disdose at any bme. with feasonabk accuracy, tho finanaal Fxjsrtion of the charity at Ihat bffe. and lo enaNe them lo ensure thal. Whe any statements of accounts are prepared by them under the Charit*s Acl 2011 and the applKable Charity Ikcount5 and Reports) Regulations. those statèmènts gf accKunls compty wth the requirements of wulatsons under ttM)se provisM)ns. The trustees also have a 98neral responsibility for takirwj such steps as are reasonabty open to them to safeguard the assets of the tharity and to prèvent and delecl fraud and other irreguntieS. Approved by order of the board oflmste8s on 18 May 2025 and by.. Rev'd LrL McLèan PCC Chair
INDEPENDENT EXAMINERS. REPORTTO THE MEMBERS OF ST PETER'S CHURCH SALESBURY PCC I report to the Iruslees on my examination of the accounts of the chanty for the year ended 31 December 2024 which are sel out on pages 7 to 12, carried out under seCtn 145 of the Charities Act 2011 and in carrying out my examination I have followed all the appltsble direclK)ns given by the Chanty Commission under secb'on 145 of the Act. I have completed my examination and eonfim that no material matters have come to my attention in connection with the examinatson gNing me cause to believe that in any material respect.. 1. accounting record$ were not kept in re¥t of the PCC of Sl Peterfs Church Salesbury, as qUired by section 130 of the Act". or 2. the a¢¢ounts do not accord with those records; or 3. the a¢Unts do not compty with the accounting requireff*nts con¢eming the form and content of the accounts set out in the Charities (Accounts and Reports) Regulatsons 2008 other than the requirement that the accounts gwe a "tfue and fair view. which is not a matter consered as part of an indendent examination. I have no concerns and have corrE across no matters In connectn with the examination lo which attention should be diawn in this report in order to enable a proper understanding of the accounts to be reached. Gill Taylor g fhf Jcrfi
ST PETEII'S CHURCH SALESBURY PCC STATEAIENT OF FINAFICIAL ACTMTY FOR THE YEAR ENDED 31ST DECEMBER 2Q24 2023 Fund• P18nn8d GttYJ Ottr Giving Legatses and 8equests Reci¥ed To¥ recovere¢J thrwh G Awj 38.102 38.102 43.835 13.042 11.986 9.6 69.330 3.740 13.157 4.751 $2,329 64,315 9.6 121.659 3.740 .157 12.250 69.127 3.776 25.833 4.128 2,155 Irffje from Fundra1V Atvils Fees relamd by PCC for ¥+E(IdirrtJs aTrY raISe1C Iestment Irthme Other InCe and e811 517 3.869 TOTAL INCOME 114.847 52.846 167.693 105,019 Exp•ndfjtur• on: charitab GNrMJ RaisifKJ Funds ch¥+1 ActlvMIg•: Parish Share arK1 Fees Sala8 aThJ Honor& Pan$h Cwgy Costs Ministry Costs Regular Churclb RWMJ C$ 1.797 1,797 132 1,193 79.014 11.917 6.191 1.411 14.435 112.968 615 79,014 80,923 12,042 5,322 1,078 13,047 112,412 6.197 14.435 112.968 615 Go¥eman( ¢osts 10 TOTAL EXPENDITURÈ 116.016 116.046 114.133 tpreLy'on 7.456 7.456 7.456 TOTAL COSTS 116.046 7.456 123.502 121.589 44,191 116.570 G8inllL¢)881 Invèstrw)t &5sets 2.517 427 11,159 14.1431 2.517 43.784 Transfer bewn fiJTrJ8 R•con¢lll•tl¢)rt of Fur Total FL*ds brwhl foTh¥8n% Total fur5 rwried foTh¥wd 57.453 53.310 11.982 57.372 99.159 101.676 168.594 212.358 174.005 168.594 16 P•ge 7
ST PETElf3 CHURCH SALESBURY PCC BALANCE SHEET 31ST DECEMBER 2024 2024 2023 FIXED ASSErs TOThJib assets Inveslrwnls 12 13 2.743 126.510 129.253 10.199 123.436 133.635 CURRENT ASSETS C8sh ai 88nk Debtors 34.269 14 40.749 CREtMTOf¢S Amounts due 15 5.7 NET CURRENT ASSETS 83.705 34,959 NET ASSETS 212.3S8 168.594 CPIARITY FUNDS Unrestricted Fur8 Restred Funds 16 16 16 53.310 57.372 101 67S 212,358 57.453 11.982 99.159 168.594 The finanual slalwnwls were aFpoved bythe ol T110e5 ¢)rb 1&h May2025 swawj ffi ts W¥aWby. Revd LrL McLe PCC Chthw P•Je 8
ST PETER? CHURCH SALESBURY PCC NOTES TO THE R14ANCIAL STATEMENTS FOII THE YEAR ENOED 31ST DECEMBER X+24 1. ACCOUNMNG POUCIES 8•81• of preparirw th• IIMn¢l•l •t•l•m accounts lfinonoal slatemefttsl haye been FwarJ aLxxwwJaKe wth ts StstemeN of RecAMended PtiCe AccounlTrJ aTrJ Reportry by Chariw prep8rThJ ts"r wxxwrts ilh tt% Finanual Reptytry S¢aThYard applicat4e in the UK and Republ¢ of IrE i8SLrl 16th Juty 2014 arxl Financial Repth"r4J StaThlard applK4t4e in Unrted Kinwlom arKI the Reput4Of IrelaTrJ IFRS 1021 aTrJ ts Clwths Ad 2011 aTrJ UK Pracr a8rt appl¢$ frLYn 1st Jar¥Jary 2Q15 IornI1 in(x)mir¥J re8ourcs 8re on Statemert ofFr1 A£tieS (atity kgaty enlthd lo thè Inw after trade dis¢wr EXpdthre Is 8co)untett ILY on an 8ThJ has been da88thed ¢hat aggrege all cost rdated to the category WIre costs Can be lo partojar tsadrys iw have bew alwted lo ¥rYitsEJ t)n • b4¥k4 txjrthtyterrfwith th• uye ol re8oJrw. neos$0ry10 support them. dlth afjrt fees aThJ costs Iwthed to strategK •JnYistrakn ofthe canty. T•ngibh ffi¥od •uets 0epreuali provwjed 81 the rths rytsto lte off eath asaei w rfsesimJW usefil Plant ¥rKI Eqiiwnont- 15% Stragm i In¥wtm•nl¥ Fixe(S asael inveslments are irnlialy recwN5¢d al Ihew transadpjn vahje are 81 thw faw vabje Imarkel valuel a$ 81 ts baL8r date siatemem ol FiMNJbi 98iro aThY k)88OS 8n8ry Crfl Fund Ac¢ouAllng Unrestricted be tL8ed m act(a Milh the cwt8ble attr oftr trustee5. Tr PCC may designate sorr ofthe unreslnrAed pa1*r kxvyoses. I frmds may te L#Trated at Ihe trusiee8 discMK)n. Poge 9
ST PETER'S CHURCH SALtSBUftY PCC NOTES TO THE FINAIICIAL STATeMEtrirs FOR THE YEAR ÉNDED 31ST DECEMBER 2024 Toial 2023 2024 2. Plonrwd Incom• Standing orders gNwJ Other regulargryiryj 32.885 5,217 38.102 30.820 13,015 43,e35 5.2t7 38.102 3. In¥e•tsrtl In¢0 Bank Inieresl DIdej income 1.$71 3.180 4.751 517 843 3.2e5 4.128 3.180 517 4. othor Incom• Baojsm donalKns (Jher apre8L8 167 3.702 167 3.702 3.869 1.325 2,155 S. P•rf•h Sh•rn p•ld to Dhx•s• The Pgrtsh pa lo the Cl(¢88e of8iactsm cows tr ly)5101 (saw. •rwJ tr8irxvJ. Natsonal CNJrc. Tot81 2023 Fund• 2024 Organist salary (ganISI fee8 ctner Sexton Vwger 1.280 2.052 1.035 1.OSJ 11.917 2.1 2.052 2.052 1.Ir85 4rpJ 12.042 11.917 7. P•rknh cknrgy coats CrgY em4)888 Wrage costs var£r 1.379 3.727 1.379 3.727 1.085 6.191 1.4C6 3.529 367 5.322 6.191 8. Mln¥try Co•ts Chiklren and Y<Mth mirnstry Saleguardin9 ChThr arNI m 152 210 42 458 819 440 819 1,078 9. R•guLr churth funnlnB •Ap•n Churth ulilth. Irance Gereral costs GrourKl5 upkeep BLykJing uFeEp 1.201 2.620 1.080 8.350 3.730 2.215 418 6.092 592 13.047 1.184 14.435 14,435 10 Gov•m*nc• Co•ts Indern1 examinalion fee (£75 rel8tii¥d to 20241 615 615 615 615 10
ST PETER'S CMURCH SALESBURY PC¢ NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 11. N•t rno¥•m•nt In lund• Tolal 2024 Total 2023 Net resourees ¥rE ¥ta¢•d after chargir¥J. Depreaalion INlepwvJeni examinatJTr IBe 7,456 615 7,4 12. T¥nglbl•flx•d M••ts Pl•nt& egulpm•nt Cl At 181 Janry 2024 dfiion8 A8 at 3181 c¢em 2024 49.709 49.709 49.709 49.7C8 DoprKi•tlo Al 1st January 2024 Charge for >t8r As al 31$t C)ectmtr 2024 39.510 7,456 39.510 7.456 N•t ljook lu• At 3181 2024 2,743 2,743 Al 3131 Dec•ntr 2023 10.199 10.199 13. FIA•d a••t Flrvalu At 1st January 2024 drtK)ns A$ 8131st Ctnber 2024 123.436 3.074 126.510 N•t book ¥alb Al 3151 Decernber 2024 126.510 At 3111 Decwnbef 2023 123.436 The investments we lld %Mth CCLA m a nntser oflhw ceniral hJThJs a Liter rate of reiwn Ihan Iflhe d)urch invested 8ep8raiety the of ft ovef the >arswtse tr c•prtal wa5 m¥%slett in 4yder 10 14. oobtorn Totsi 2024 Total 2023 tblorJ PrePayr 1.750 6,480 Is. Cr•dltorn du• wlthln on• y•*r Trade ereditors 7.124 7.124 5,790 5.790 P4e11