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2024-12-31-accounts

Feo | CHARITY COMMISSION | Independent examiner's report on the | FOR ENGLAND AND WALES accounts

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Section A Independent Examiner’s Report
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Report to the trustees/ ; ;
members of Stannington Parochial Church Council
On accounts for the year | 318 December 2024 Charity no | 1138856
ended (if any)
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Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

| 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, | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

| 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.

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Name: | Gary Martin Rains
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Address: | 10 Stannington Glen, Stannington, Sheffield S6 6NA

IER

1

Oct 2018

CHRIST CHURCH STANNINGTON

FINANCIAL REVIEW 2024

The total income resources are, £144,944 and the total resources expended are £134,519 leaving a total surplus for the year of £ 10,425.

The General Fund generated £142,299 and the total resources expended were £134,519 leaving a net surplus of £&,780. Regular General Fund income was split this year to show income via Give Net (Electronic Stewardship Giving) which includes both non gifted aided giving and gift aided giving inclusive of any Gift aid tax refund. Regular planned giving shows an increase of £22,062 due toa fast-expanding Church community.

No legacies were received during the year.

The Flora Lomas Trust Fund (Capital of which is held in trust by the Diocese of Sheffield). The total held in this CBF deposit fund at 31/12/24 is £24,123(restricted), this includes £2,468 interest generated during the year. This fund is for repairs to the Church buildings only.

The Youth fund (restricted) income generated £177(interest) for the year leaving £8,030 in the CBF Deposit Account for this fund at 31/12/24.

Total funds carried forward at 31/12/23 are £110,938 (£32,153 restricted & £78,785 (unrestricted).

All the above statements are detailed in the Accounts Year Ended 31/12/24

Accounts page 2

CHRIST CHURCH STANNINGTON YEAR ENDED 31/12/24 RESOURCES EXPENDED

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||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |RESTRICTED|FUNDS:-|TOTALS:-| |GENERAL|FUND|FLORA|LOMAS|YOUTH|WORK|2024|2023| |TRUST|FUND| |COST OF|GENERATING|FUNDS:-| |FUND|RAISING|9|80|80|0| |ALL|MISSION GIVING/DONATIONS|14|4,000|4,000|3,233| |CHURCH|ACTIVITIES:-| |COMMON|FUND -SD|BF|15|56,871|56,871|53,300| |SALARIES|(youthworker,|organist,|admin|etc.)|16|11567|11,567|3,834| |EXPENSES|(clergy,|youthworker|etc.)|17|2,403|2,403|1,248| |MISSION|COSTS|18|3,287|3,287|3,029| |CHURCH|RUNNING|EXPENSES|19|12,389|12,389|12,563| |CHURCH|REPAIRS|19|8,103|8,103|16,995| |CHURCH|UTILITIES|(|gsa/electicity)|20|3,368|3,368|2,667| |COST OF TRADING-MAGAZINE|12|(e)|0|0| |HALL|13|28,100|28,100|16,791| |DEPRECIATION|ON|EQUIPMENT|(20%|over Syrs)|21|1,134|1,134|555| |DISCRETIONARY|FUND|2,640|2,640|0| |NEW|COFFEE|MACHINE|(covered|by|Grant|Page|1|No.8)|577|577|(¢)| |TOTAL|RESOURCES|EXPENDED|134,519|0|0|134,519|114,215| |NET|MOVEMENT OF|FUNDS|7,780|2,468|177|10,425|12,051| |TOTAL FUNDS B/FWD|70,516|21655|7,853|100,024|87,974| |TOTAL FUNDS C/FWD|78,296|24123|8,030|110,449|100,024|

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||||||||||| |---|---|---|---|---|---|---|---|---|---| |Account|page|1| |CHRIST CHURCH|STANNINTON|YEAR|ENDED|31/12/24| |STATEMENT|OF|FINANCIAL ACTIVITIES| |INCOMING|RESOURCES| |VOLUNTARY|INCOME|RESTRICTED|FUNDS:-|TOTALS:-| |GENERAL|FUND|FLORA|LOMAS|YOUTHWORK|2024|2023| |TRUST|FUND| |TAX|EFFICIENT|PLANNED|GIVING!|(net tax|recovered)|1|78,263|78,263|61,533| |STEWARDSHIP|GIVING|7,488|7,488|2,156| |OTHER|PLANNED|GIVING|2|3,000|3,000|3,000| |COLLECTIONS|3|5,543|5,543|5,383| |ALL NON|RECURRING|GIVING/DONATIONS|4|930|930|2,198| |ALL TAX|RECOVERED|(GIFT AID)|5|19,405|19,405|14,813| |LEGACIES|RECEIVED|6|0|0|0| |RECURRING|GRANT|7|5|5|5| |NON|RECURRING|OR ONE-OFF|GRANT|8|1,177|1,177|1,068| |ENERGY REBATE|0|0|1,673| |ACTIVITIES|FOR|GENERATING|FUNDS:-| |FUND|RAISING|(gross|amount)|9|515|515|0| |INCOME|FROM|INVESTMENTS|:-| |INTEREST|10|1345|2468|177|3990|4099| |CHURCH|ACTIVITIES:-| |PAROCHIAL|FEES|RETAINED|BY THE|PCC|11|2,378|2,378|2,679| |MAGAZINE|12| |HALL|13|22,250|22,250|27,659| |TOTAL INCOMING|RESOURCES|142,299|2468|177|144,944|126,266|

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Accounts page 3 CHRIST CHURCH STANNINGTON YEAR ENDED 31/12/24

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||||||||||| |---|---|---|---|---|---|---|---|---|---| |BALANCE|SHEET|RESTRICTED|FUNDS:-|TOTALS:-| |GENERAL|FUND|FLORA|LOMAS|YOUTHWORK|2024|2023| |TRUST|FUND| |FIXED|ASSETS| |TANGIBLE|ASSETS|21|3,839|3,839|641| |TOTAL|3,839|3,839|641| |CURRENT ASSETS| |DEBTORS|22|39,759|39,759|24,553| |CASH|AT|BANK AND|IN|HAND|40,391|24123|8,030|72,544|81,434| |TOTAL|80,150|24123|8,030|112,303|105,987| |LIABILITIES| |CREDITORS|(falling due|within|one|year)|23|5,204|5,204|6,604| |NET CURRENT ASSETS|74,946|24123|8,030|107,099|99,383| |NET|ASSETS|78,785|24123|8,030|110,938|100,024| |THE|CHURCH|FUNDS| |RESTRICTED|24|24123|8,030|32,153|29,508| |UNRESTRICTED|78,785|78,785|70,516| |TOTAL CHURCH|FUNDS|78,785|24123|8,030|110,938|100,024|

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SIGNED ON BEHALF OF THE TRUSTEES BY:-

MRS ¥ WOOD

DATED

Accounts page 4 CHRIST CHURCH STANNINGTON Year Ended 31/12/24

Notes to Accounts-Incoming and Outgoing Ressources

1 Tax efficient givingtogether with stewarship giving is up by£22,062 in Tax efficient givingtogether with stewarship giving is up by£22,062 in Tax efficient givingtogether with stewarship giving is up by£22,062 in Tax efficient givingtogether with stewarship giving is up by£22,062 in the General Fund the General Fund
2.3.84. Otherplanned giving stayedthesame, collections are up by£160 and non recurring giving/donations are
down by £1,268 in 2024.
5 Tax recovered was claimed at25% forthe year 2024.
6 No legacies were received in 2024.
7 1 grantwas received in 2024 of£5 towards the war grave.
8 2 non recurring grants were received in 2024from the Diocese £1,077, £577 ofthis was towards the new coffee machine,
with the balance of£500towards a sofa/seating forthe church foyer plus £100towards energy efficient bulbs
during the year.
9 Refreshments provided in Church on carnival day atthe Art Exhibition raised £435 after costs during 2024
10 Bank interest of£1,345 was received in theVM General Fund in 2023 .
Bank interest of£2,468 was received from the money held in the Flora Lomas account and £177 from
theYouth account, with interest in the Funds totalling £3,990 forthe year.
Interest averaged 5.00%during the year in the Deposit A/c and was 4.71% @ 31/12 24.
i1 Fees retained bythe PCCwas£2,277 for funerals in 2024, and £101 from 1 wedding .
12 Magazine is nowan outreach costand included in Mission Costs (No.18)
13 Hall:- 2024 2023
Income — Church ofChristandJack &Jill 22,250 27,659
Pre-school left during 2024
Expenses
16,280
16,791
New Kitchen
12,330
28,610
TOTAL
deficit
6,360 surplus 10,868
Planned Giving:- 2024 2023
14 Church Missionary Society 1,000 "1800
Tear Fund 1,000 0
Church Army 1,000 0
Snowdrop Project 1,000 0
Stannington Library 0 800 incl £350 2022
Stannington Brass Band 0 75
ChildrensSociety ie} 15
Steel City Choir ie) 120
Amos Trust 0 250
STC Speakers 0 150
A Rocha 0 23
TOTAL 4,000 3,233
Common Fund
The PCC pledged £56,871towardstheCommon Fund 2024.
15 The PCC pledged £62,000 towards theCommon Fund 2025.
Salaries:- 2024 2023
16 Administrator 7,256 0
Organist 1380 920
Churcyard 2,931 2,914
TOTAL 11,567 3,834

Accounts Page 5 CHRIST CHURCH STANNINGTON Year Ended 31/12/24

17 Expenses:- 2024 2023
Priest in Charge
Expenses N Lattimer 2,222 1,248
A Cook 181
TOTAL 2,403 1,248
18 Mission Costs:- Budget '24 2024 2023
£
Christmas Live 326 137
Refreshments 763 603
Training 500 64 793
Schools Outreach 500 318 6)
Social Team 500 126 87 Eco Stall Carnival
Garden Party 146 164
Christmas Craft Afternoon 181 301
Magazine:-
Printing Costs 3,140 2,746
LESSAdvertising Income (-1777) 1,363 (-1802) 944
TOTAL 3,287 3,029
19 Running Costs:- 2024 2023
Insurance 3,020 2,936
Minor Repairs (see page 6) 0 0
Service Costs 1000 804 146
Cleaning 561 185
Flowers 651 775
Music/Sound Team 2500 1604 CCLI £986 1,015 CCLI £817
Administratio Costs:- 2000
Print/Stat/ Post 912
Ink 579
Photocopier 351 .
Churchsuite 546
Mobile Phones 232
Internet 622
Shredding Costs 70
Payroll Admin 93
Expenseplus 180 3,585 1,818
Miscellaeous 87 1,910
Childrens Groups 2000 312 995
Youth Groups 1000 949 0
Small Groups 750 219 18)
Architect & Stuctural Engineers 0 1,814
Churchyard Expenses 597 969
TOTAL 12,389 12,563
20 Utilities:- 2024 2023
Gas 2,352 1,700
Elec 1016 815
Additional Heating Costs 0 152
TOTAL 3,368 2,667

20

Accounts page 6 CHRIST CHURCH STANNINGTON YEAR ENDED 31/12/24

REPAIRSCHURCH 2024 2023
Wi Fi 300 5,214
Vestry Repairs 805 650
Turrets & Roof 0 8,465
Stained GlassWindow Repairs . 0 1845
Less Insurance Claimed 0 570 1275
Sundries Batteries £ 74 Key/Locks £48 134 283
Repairs £12
Boiler Roof repairs 0 58
New carpet Vicarage 0 207
Fire Protection 92 39
BoilerTesting 209 84
Boiler Repairs 614 1,425
Architect Lytchgate 480
Churchyard incl.trees felled/Trim £4608 5,469 0
Bins £531 Wall £330
Total 8,103 16,995
REPAIRS HALL
Wi Fi 307 0
Fire Doors 2454 4,630
Double door repairs 1278 0
Roof Repairs 0 320
New floor covering kitchen 0 598
Lighting Repairs 1001 800
Repairsto Toilets 306 1100
Boiler tests 0 360
Pattesting 134 0
Fire Protection 404 446
Vaccum Repairs 90 219
Sundry Repairs 1213 0
New Kitchen 12330 0
Sub Total 19,517 8,473
Insurance 2815 2736
Water 570 671
Elec 1021 702
Gas 2066 2334
Cleaning- Wages 1581 1363
Materials 332 296
Windows 198 2111 216 1875

Total

28,100 16,791

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Accounts Page 7
CHRIST CHURCH STANNINGTON
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Year Ended 31/12/24

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21 Depreciation:-
2024 2024
2021 Video Camera 772
Depreciation @ 20% over 5 yrs
4yrs @ £155 (-620) 152 155
2022 New Lap Top 556
Depreciation @ 20% over 5 yrs :
B3yrs @ £111 (-333) 223 4141
2024 New Sound Desk 3471
New Keyboard 871 4332
Depreciation @ 20% over 5 yrs (-868) 3464 868
TOTAL:-
Tangible Assets 21 page 3 3,839
Depreciation 21 page 2 1,134
The life expectancy on these items is approx. 5 yrs therefore depreciation is calculated
at 1/5th of the cost spread over Syrs.
22 Debtor @ 31/12/24 Monies outstanding :-
Gift Aid Claim 2023 16,905
Gift aid Claim 2024 19,000
Hall Users Nov/Dec 2,418
Mens Breakfast 640
Burial of Ashes 83 39,046
Prepayments
CCLI Music /copyright etc 660
Burial of ashes 53 713 39,759
23 Credtors @31/12/24 Outstanding Invoices 5,204
Accruals 0 5.204
24 Restricted Funds:-
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This fund contains income given specifically for Church Fabric Repairs and Youth and Childrens work.

25 Accounting Conventions

The financial statements have been prepared under the historical costs convention and in accordance with the requirements of Accounting and Reporting by Charities: Statement of Recommended Practise applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Small Entities (Charities SORP (FRSSE) ).

Charity donations from collections

Charity donationsdonations from collections 2024 2023
Royal British Legion 53 51
Archer Project 417 635
Childrens’ Soc. 284 0
Christian Aid(incl. plant sale via Sara Zadik 2024) 329 377
Food Bank 60 60
Tear Fund 135 0
Amos Trust 0 265
Food Crisis Appeal (Ariella's Cake sale) 0 196
TOTAL 1,278 1,584

TOTAL