Annual Report and Financial Statements of the Parochial Church Council of Walsall Wood St John st For the year ended 31 December 2024 Registered Charity Number 1138950
DIOCESE OF LICHFIELD The Parochial Church Council of The Parish of Walsall Wood St John st Trustees, Annual Report for the year ended 31 December 2024 Charity registration number: 1138950 Ob'ectives and Activities The Parochial Church Council of Walsall Wood, St John (the PCCI has the responsibility of co-operating with the incumbent Revd. Lisa Mitchell in promoting, in the ecclesiastical parish. the whole mission of the Church, pastoral. evangelical. social and ecumenical. The PCC is also spiritually responsible for the maintenance of the church. The PCC is committed to enabling as many people as possible to worship at our church and to become part of our parish community at Walsall Wood, St John. The PCC rnaintains an overview of worship throughout the parish and makes suggestion5 on how our services can involve the many groups that live within our parish. Our services and worship put faith into practice through prayer, scripture, music and sacrament. Also, through non sacramental activities of hospitality and fellowship we aim to reach all members of the community. Public Benefit The trustees of the PCC are aware of the Charity Commission's guidance on public benefit in The Advancement of Religion for the Public Benefit and have had regard to it in their administration of the Charity. The trustees believe that, by promoting the work of the Church of England in the Ecclesiastical Parish of Walsall Wood. St John it helps to promote the whole mission of the Church (pastoral, evangelistic. social and ecumenicall more effectively. within the Ecclesiastical Parish, and that in doing so it provides a benefit to the public by.. Providing facilities for public worship, pastoral care and spiritual, moral and intellectual development, both for its members and for anyone who wishes to benefit from what the Church offers,. and Promoting Christian values and service by members of the Church in and to their communities, to the benefit of individuals and society as a whole. Achievements and Performance This year we have continued to see greater connections with the church and wider community. This continues to be fruitful with the noticeable growth in attendance in Church Service and Community initiatives. There 15 a noticeable lift within Worship especially the All Age Service with the introduction of new and more modern songs. There have also been signs of the Holy Spirit at work, with a greater take up of roles and willin@ness to get involved with the life of the Church. This h35 been demonstrated with new members exploring outreach to the community with different ideas of bringing church and community together. It ha5 been unanimously decided at the PCC for Reverend Lisa's License to be extended with the hope of it being made permanent within the next 12 months. Page I
Worship and Prayer Reverend Lisa and the PCC continue to be keen to offer a range of services which attempts to cater to all peoples preferred worship styles. Continuing with a variety of services, from Holy Communion to Morning Worship, Evensong (based upon Common Worship Morning Prayer} and our All-Age Service. Enablin8 people to feel comfortable at different stages of their Christian journev. There has been the introduction of Evening Prayer and more reflective style of Worship which has been well received. we are hoping to enhance and develop this further as a way of creating a more inclusive space. Baptisms have continued to be held on an afternoon which seems to be a popular time. Regular Morning Prayer has been well received within the community with a small but regular congregation who have now become part of the Leadership within this service. Intercession prayer5 continue to be led by a number of laity at the Sunday morning Worship. Revd Lisa also continues her Ministry as a Vocation Advisor. Monthly Worship Pattern Sunday Wk 1- 9.00am Holy Communion,. 10.00am Holy Communion. Sunday Wk 2- 9.00am Holy Communion,. 10.00am All Age Worship; 6.30pm Evensong Sunday Wk 3- 9.00am Holy Communion: 10.00am Holy Communion; Sunday Wk 4-9.00am Holy Communion; 10.00am Holy Communion; sunday Wk 5- 9.00am Holy Communion; 10.00am Morning Worship; 6.30pm Evensong; Also: 2.30pm Baptism Our pattern of Worship has slightly changed, we have moved our Evensong to the 2. Sunday as a regular monthly worship. All major festivals have been covered. Midweek Worship Our midweek worship has continued to have a srnall but regular attendance. We have introduced weekly Evening prayer and a monthly Lay Led act of worship at Alrewych Court Residential Care Home. Tues/Wedsnhurs 10am Morning Prayer Wednesday 7.30pm Evening Prayer Friday Imonthly) 11am Alrewych Court Special Services Special Services are always successful in terms of outreach. mission and attendance. Throughout the year services include the following.. Mothering Sunday, Holy Week Services. Ascension Day, Harvest Festival, Memorial Service, Remembrance Cenotaph Service. A Service of Nine Lessons and Carols and Christingle, Crib Service. Midnight Mass and Blue Christmas. A Remembrance Sunday service was held at the Cenotaph in front of the church, with wreath laying by uniformed organisations and local dignitaries. Revd Lisa Mitchell led the proceedings following the Parade. It was again decided to have the service outside a5 it wa5 agreed that it felt more accessible and inclusive. There was also an Act of Remembrance at Alrewych Court Residential Care Home followed by laying cr055es at the war graves in the cemetery. In place of a Lent Course for 2024 we introduced a weekly Lent Reflective SeiCe which was a short 30 minute Service which included up to 15 minutes of quiet prayer time, whilst some gentle music played in the background. This quiet time offered. was well received and well attended. Allowing time and space to stop, think and pray. We held a weekly Advent Reflective Service with the same form3t which again has been well received and well attended. We also had a quiet day through Advent exploring God's Call on our lives. this was also well received. Poge 2
Pastoral Offices- weddings, baptisms. funerals Pastoral office5 have continued as a way of bringing church and community together at the milestones of their journey through For some these times may be the only connection they have ever had with Church so the priority is being a warm and welcoming place. Baptism We have had a steady numbers of enquiries regarding Baptisms. Preparation usually takes place either at the church or in the homes of the parents, depending upon the minister. Weddings The number of Weddings have been quite low at St John's due to various other options. As a way of exploring this and finding different ways of connecting with the community, we held a Wedding Fayre in Church early February 2024. This was something very new and very fruitful both with mission and growth with Weddings. We have plans to do this again. Funeral mlnlstry Funeral numbers have steadily decreasing this year. One of the reasons for this has been that the Churchyard is now full. therefore less burials. also a greater demand for Direct to Crem Funerals. Families are always visited within good time before the funeral to allow time for the preparation. The deceased are added to the weekly prayer list and also prayed for at Morning Prayer. The families are also invited to our Annual Memorial Service. This year, we have celebrated 14 baptisms and I wedding and held 16 funerals with 9 interment of ashes in Walsall Wood cemetery. Mission and Evangelism Our Mission at St John's is to go out into the world and be part of what already is happening and join in l The Christian messenger does not simply bring Christ to others, but identifies the presence of God, already in exi5tencel At St John's our Church life is based around the Christian values. Faith, Love, Hope and Respert. These values are interwoven into everything that we do, both in and outside of the Building. The aim of the church must not be self-serving but to seek to share God's love and to work for the Kingdom. Helping those in need is a demonstration of our faith. The Church supports several charities including Compassion, Christian Aid and the Children's Society. Locally the church family supports the Walsall North Food Bank. Collection of Christmas gifts and Easter Eggs have been given to a local refuge for domestic violence and distributed to local schools to be given to families in need. We continue to Use Social media as a way of connecting with the local community. bringing church and community together as one. We have a dedicated Facebook profile and A Church Near You Website. The church continues to develop links and extensive work is still being carried out with the primary schools and local nursery. Rev Lisa has continued to develop the link with our church School. We have a very strong partnership with our Church School. who have been able to hold various services in church this year with great attendance from families and friends establishing a closer link with the community. The team of volunteers have been working enthusiastically together in partnership with the school to deliver Open the Book on a monthly basis. There has been a positive response from the school to this initiative, helping to build 3 stronger relationship. Messy Church returned on Good Friday after a short break and time to reflect. Sadly, numbers in attendance have continued to be low. We are considering if there is a need for this still in our context or if we need to reconsider a way forward. The decision was made to only have Me55y Church on Good Friday. 'Places of Welcome, which is part of a National Scheme. This is a much-needed outreach within the community. A safe warm place with free refreshments. A place to make friend5 and meet people. where people can connect, belong and contribute. Bringing Church and Community together. Meeting every Thursday morning from 10.30am- 12.30pm. This is held in the Community Hall. This has grown immensely and has created a safe space for new friendships and support within the community, with regular events such as bingo and crafts, also regular charity day5. We also have a regular exercise group which has been well received within the community. Stjohn's Baby & Toddler Group is 3 weekly group, this 15 a much needed outreach to the community. Page 3
Pastoral Care Pastoral care continues to be an important part of St John's Ministry. Members of our parish who are unable to attend church due to sickness or age are visited or contacted regularly for pastoral care and to celebrate communion with them either at their homes or in hospital if requested. We have a dedicated Pastoral Team who meet on a regular basis and we are exploring growing this further. Deanery Synod Three members of the PCC sit on the deanery synod. Thi5 provides the PCC with an important link between the parish and the wider structures of the church. The Community Hall The Hall is a warm welcoming place. The use of the Hall by the church and local community continues. There has been a steady increase in community groups using the Hall facilities, including our local Guiding Group5, an AA Group, The Women's Institute, Karate Club. Music Band. Keep Fit Classes. NHS Self Care. Local Polling Station. The facilities are also available to lettings for children's birthday parties, baptism and funeral receptions. Social Events St. Johns aims to have a varied social and tundraising programme. This has increased this year. We have held Wedding Fayre, Beetle Drive, Fashion Shows (May & Octl, Jumble Sale, Summer Fayre, July Choir Concert (Penkridge Community Voices), Harvest Choir Concert (Off Broadway Ladies Choir), Christma5 Fayre. We are exploring new fundraising events which will also aim to bring church and community together in new ways. Brookland Road Cemetery A small team of volunteers have continued to maintain the churchyard at Brookland Road. They have worked extremely hard looking after the vast areas keeping the churchyard neat and tidy. Our thanks go out to everyone who has helped in some way. The Churchyard is now full for new graves, therefore only re-openings are permitted. Fabric Report The Church and Community Hall continue to run normally with the necessary maintenance continually ongoing. The Boilers in both have been serviced and a Gas certificate issued. We have a Lightning Conductor certificate which is valid for a year. A structural engineer was employed following the 2023 Quinquennial Inspection, and we received guidance and a report regarding the evident wall cracks in the Sanctuary. The electrical circuitry was updated to provide a safer availability of more sockets in the choir area of the church, for the audio and video equipment New CCTV cameras were installed on the outside of the church building. along with improvements to floodlightin8 around the exterior of the Cornmunity Hall. The chairs in church have now been re-upholstered. A Contactless Payments machine was purchased and installed. A new projector was also purchased and installed, and has been gratefully received, adding to the quality of delivery, particularly to the All Age service, but will prove beneficial for other services and events where video interaction is needed and appropriate. Our plans for the New Year will be to update our heating system and also carry out repairs to the roof. The availability of grants for either or both of these projects is being researched. Poge 4
Financial Review Net Total Assets.. £80.316 20241£96,859 20231 Deficit.'1£9,66612024 - Unrestricted Deficit:1£3,1761 Restricted Deficit-1£6,4901 IDeficit.' {£10.421120231 At the end of the year there was an unrestricted reserve balance of {£4,9441. compared to £5,687 from 2023. However, the PCC hold £17,398 in designated funds and £32,202 in investments that can be transferred back to the General fund. The Church has numerous 'DesiEnated' funds due to the various committed activities, in particular Building, Thanksgiving and Mission Funds. Whilst it should be noted the designated funds are unrestricted funds, the value in these funds is monitored regularly to ensure there are enough unrestricted funds to maintain support for committed costs in the Parish. Following a very difficult financial period for the Church over many years, liabilities have been considerably reduced to manageable levels. The Church of England Common Fund has replaced the Parish Share in name and its calculation for every Parish has been welcomed. It is hoped that this major expense to a Parish is a sustainable and fair source of funding for the provision of clergy in the Diocese. Our principal source of fundraising is the giving by the members of the church supported by a range of fundraising events throughout the year. However, all streams of income suffered following the outbreak of the Covid-19 pandemic. Attendances at church have recovered to a certain extent. but our finances remain under constant review. We make extensive use ofthe opportunities provided by the Gift Aid Scheme. Our expenditure supports the mission of the church through the maintenance and development of buildings and equipment, the funding of running costs and the payment of salaries, expenses, fees and the Common Fund (Parish Share). In addition, funding has supported the church's work in our own community, as well as supporting other charities and good causes. Reserves Policy It is PCC policy to try to maintain a balance on free reserves (net current assets) which equates to at least three months unrestricted payments. This is equivalent to £16.202 20241£19,711 20231. It is held to smooth out fluctuations in cash flow and to meet emergencies. The balance of the free reserves at the year-end was1£4,944120241£5,687 20231 which is considerably lower than this target. However the PCC do hold £17,398 2024 [£18,544 20231 in designated funds and £32,302 20241£31,579 20231 in investments which would increase the balance to £44,756 20241£55.809 20231. The PCC are aware of this position and aim to build up reserves within the unrestricted general fund. It is our policy to invest the short-term investment fund balances with the CCLA Church of England Deposit Fund and the remainder in the CCLA Church of England Investment Fund. Poge 5
Investment Policy The charity is granted power to invest in suitable investments under the PCC Powers Measure 1956 and the Trustees Act 2000. As a charity, the Trustees have a duty of care to take such advice as is appropriate before investrnents are undertaken. This advice is sought from the Central Board of Finance ICCLAI in London. The charity's investment policies are based on two key principles.. Ethical Investment - this includes ensuring that investments are held in companies which have high standards of corporate governance and act in a responsible way towards stakeholders. Long-term responsibilities the trustees are aware of their long-term responsibilities in respect of the Restricted and Unrestricted reserves and as a result follow a prudent approach to investment decisions. Investment policy for long-term funds is aimed primarily at generatin8 a sustainable income, with due regard to the need for the preservation of capital value, and the possible need to realise investments to meet operational needs. The charity does not have a policy of generating income at excessive or high risk - known as "purchasing income" where high returns are guaranteed at the expense of capital. In summary, the charity has an overall policy to maximise income while preserving the real value of its funds. Due to the nature of the charity, an ethical investment policy is taken into consideration when investments are made: The charity follows the Ethical Investment Advisory policy as recommended by the Lichfield Diocese which includes the following.. "We aim to invest in companies that: will develop their business in the interests of shareholders; demonstrate responsible employment practices,. are conscientious concerning issues of corporate governance, the environment and human rights,. are sensitive to the community in which they operate." Planned giving, collections and donations are the main sources of fund raising along with tax recoverable. Safeguarding The PCC believe they have fulfilled their duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have due regard to House of Bishops, guidance on safeguarding children and vulnerable adults). Reportlng Serious Incidents A Serious Incident is an adverse event. whether actual or alleged, which results in or risks significant harm to the charity's beneficiaries, employees, office holder5, volunteers or to others who come into contact with the charity through its work. loss of the charity's money or assets. damage to the charity's property or harm to the charity's work or reputation. The trustees are aware of one Serious Incident in the last year. The relative Safeguarding Officers were informed and the corresponding paperwork has been documented, but remains confidential in nature for the purposes of this Report. Fundraising The PCC takes iys fundraising responsibilities seriously and is very grateful to all donors- whether regular or occasional - for their support of the church and church events. PCC supporters are never taken for granted. The PCC take full responsibility for fundraising and do not use commercial organisations or professional fundraisers. All money raised is either by donation5, fundraising events, special appeals or legacies for which the PCC are most grateful. Volunteers The members of the PCC would like to thank all the volunteers who work so hard to make our Church a lively and vibrant community. Our special thanks go to our Church Wardens, Lay Chair, PCC Secretary and Treasurer, who have supported our Minister throughout the first half of her Interim appointment. Page 6
Future Plans As we continue to be in uncertain times, there is always an ongoing concern for a potential shortfall in funding again in 2025. The Cost of Living crisi5 of 2023 continues to be felt in all areas of funding, on streams of both income and expenditure. In 2025, the Church has several urgent capital investment projects to undertake, concerning roof repairs, heating and lighting. A cornbination of funding from Reserves, Grants and Fundraising will need to be carefully considered. We are conscious of the need to increase our regular givinE as a Church Family to support the growth of the Church and to contribute to this major repair work that will need to be made to the church structure during the year. Our hope is to connect with more members ofour Walsall Wood community and welcome them into our Church in 2025, whether that be to attend one of our many planned Social and Fundraising events, to join us in worship or to attend the special family occasions for weddings, baptisms or funerals. St John's must remain at the heart of the Community of Walsall Wood. Risk Management The Church Wardens carry out regular Health and Safety Reviews and regularly inspect premises for potential hazard5. We have safeguarding policies in place for child protection and for work with vulnerable adults, including rigorous DBS checking of staff and volunteers. Our insurances are reviewed annually to ensure adequate cover. An informal review of any new risks which may impact the work of the Church in the Parish is ongoing. Structure, Governance and Management The PCC is a Body Corporate established by the Church of England and is a Charity registered with the Charity Commission. The PCC is governed by the Parochial Church Council Powers Measure11956) as amended that came into effect on 2nd January 1957, and the Church Representation Rules Icontained in Schedule 3 to the Synodical Government Measure 1969 as amended). The method of appointment of the PCC members is set out in the Church Representation Rules. The Council comprises the Incumbent. the Churchwardens, a representative of the Readers, those elected to the Deanery Synod. and other members who are elected at the Annual parochial Church Meetin& by those on the Electoral Roll. The PCC members receive training from courses run by the Diocese. Members of the congregation are always urged to join the Electoral Roll, and to stand for election to the PCC. The PCC members are responsible for making decisions on all matters of general concern and importance in the parish, and for all financial matters. The PCC met at least 6 times a year. Related Parties Donations from Related Parties Donations from related parties during the year totalled £11.21120241£14,14120231. All these donations were received without conditions. Remuneration pald to Trustees No remuneration was paid to any Trustee during the year. Expenses paid to Trustees One Trustee was reimbursed £1,441 in 20241£1.507 20231 for telephone and broadband expenses during the year. Page 7
Reference and Administrative details Charity Name: The Parochial Church Council of The Parish of Walsall Wood St John Other names the charity is known by: NIA Registered Charity Number= 1138950 Charitvs principal addre55: High Street Wa15all Wood Walsall WS9 9LP Correspondence address: The Vicarage 2 St John's Close Walsall Wood Walsall W59 9NJ Website address: https.'//www.stjohn5walsallwood.com PCC Members: Who Served from l January 2024 to the date this report was approved Office (if any) Dates acted if not for whole period Trustee name Ex-officio Revd Lisa Mitchell Chairperson Church Warden Sharon Hodgetts Jane Lavender Church Warden Valerie Benford Deanery Synod/Secretary Deanery Synod Deanery Synod Colin Roberts Sue Pugh Elected Members Robert Grainger Lay Chair Robert Worrallo Treasurer Sue Barley Doreen Sears Gillian Rigby Barbara Grainger Jean King Mdupe Oni Susanne Thomas Resigned 12.05.24 Resigned 12.05.24 Elected 12.05.24 Page 8
The PJtron of St John'5. Walsall Wood 15 the Rector of St Matthews, Walsall. Bank HSBC 5 Anchor Road Aldrlge Walsall WS9 8AD Inve5trnent Mana8ers CCLA l Angel Ln London EC4R 3A8 Irtrdependent Examlner Jonathan Hlll Lichfield Dlocesan Board of Flnance St Marys House. ThE Close. Llchfleld. WS13 7L Approved by the PCC on 23.03.2U25 and 51gned on Its behlf by ev Lls Mltchell (Chalrl Valerle Benford 15ecletaryl Page 9
Independent Examiner's report to the trustees/members of The PCC of The Parish of Walsall Wood St John Registered charity number 1138950 I report on the accounts for the year ended 31st December 2024 which are set out on the following pages. Res ective res onsibilities of the Trustees and Inde endent Examlner The charity's trustees are responsible for the preparation of the accounts. The charity'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 examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the General Directions given by the Charity Commission lunder section 14515)Ibl of the Charities Act, and to state whether particular matters have come to my attention. Basis of Inde endent Examiner's Statement My examination was carried out in accordance with the 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 theaccounts, andseeking explanationsfrom the trustees concerning any such matters. The procedure5 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 fairt view and the report 15 limited to those matters set out in the statement below. Inde endent Examiner's Statement In connection with my examination. no material matters have come to my attention which gives me cause to believe that in any material respect.. accounting records were not kept in accordance with section 130 of the Charities Act or the accounts do not accord with the accounting record5 the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities {Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have come across no other matters in connertion with the examination to which attention should be drawn in order to enable a proper understanding of the account5 to be reached. Signed.. Jonathan Hill FCMA CGMA Lichfield Diocesan Board of Finance St Mary's House, The Close, Lichfield WS13 7LD Date.. IL/( s-/?,,2s-. Page 10
The Parish of Walsall Wood St John Notes to the Financial Statements For the year ended 31" December 2024 Accounting Policies The PCC is a public benefit entity within the meaning of FRS 102. The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of PCCS, and with the Regulations true and fair view provisions. They have also been prepared in accordance with the Charities SORP IFRS 1021. The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unles5 Otherwise stated in the relevant notes to these accounts. The financial statements 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. There rnay be minor discrepancies in the totals as the pence are not being shown. Cashflow Statement The Charity has taken advantage of the exemption in FRS102 from the requirement to produce a Cash flow statement on the grounds that the income does not exceed £500.000. Going Concern There are no material uncertainties related to events or conditions that cast significant doubt on the charity'5 ability to continue as a going concern. Whilst free reserves are low1£4,9441 compared to three months unrestricted expenditure £16,202, the PCC have significant designated reserves £17,398 and £32.202 in investments which could be called upon if necessary. Accounting Estimates and Prior Year Errors No changes to accounting estimates have occurred in the reporting period. No material prior year errors have been identified in the reporting period. Description of Funds Unrestricted funds are income funds of the PCC that are available for spending on the general purposes of the PCC. including amounts designated by the PCC for fixed assets for its own use or for spending on a future project and which are therefore not included in its "free reserves as disclosed in the trustees, annual report. Page 11
An explanation of purpose of each Designated fund are as follows: Name of fund Purpose Admin For administration purposes To purchase School leaver bibles Maintenance of the Church Building Votive candles / Purchase Altar requirement5 Donations and Collections for specific charities Photocopier For the maintenance of the Churchyard Children and Young People fund Bible Building Candles Char Copier Churchyard Maintenance Children & Young People trt Flower Flowers in Church Gown Gowns in Church Inv Shares we hold Mission Funding for Mission of the church Maintenance of the Organ and Music in Church Thanksgiving Maintenance of Church Tower and Electrics Music Thanksgiving Tower VDF Vicar's Discretionary fund Vicarage Decoration Purchase of Youth Bibles Vlc Youth Restricted funds comprise of two elements income from trusts or endowment5 which may be expended only on those restricted object5 provided in the terms of the trust or bequest b) donation5 or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not usually invest Separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance ba515. An explanation of purp05e of each Restricted fund are as follow5: Name of fund Purpose Baby Charity Compassion Churchyard Appeal Churchyard Maintenance Children & Young People Hall Baby & Toddler Group Donations and Collections for specific charities Children Sponsored through Compassion Brookland Road Churchyard Maintenance Churchyard Maintenance Children and Young People fund Donation for Church Hall Pastoral Pastoral Support as required Thanksgiving for use of the church for larger items Maintenance of Church Tower and Electrics Thanks Tower R Poge 12
Endowment funds are restricted funds that must be retained as trust capital either permanently or subject to a discretionary power to spend capital as income, and where the use of any income or other benefit derived from the capital may be restricted or unrestricted. Full details of all their restrictions are shown in the notes to the accounts. Income Planned giving. collections and donations are recognised when received or when the PCC becomes entitled to the resource and the monetary value can be measured with sufficient reliability. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and Legacies are accounted for when the PCC is legally entitled to the amounts due and the monetary value can be measured with sufficient reliability. Dividends are accounted for when receivable, interest is accrued. All other income is recognised when it is receivable. All incoming resources are accounted for gross. Expenditure Grants and donations are accounted for when paid over. or when awarded, if that award creates a binding or constructive obligation on the PCC. The diocesan parish share is accounted for when due. Amounts received specifically for mission are dealt with as restricted funds. All other expenditure is generally recognised when it is incurred and is accounted for gross. Governance and Support Costs Support costs should be allocated between governance costs and other support. Governance cost5 cornprise all costs involvin8 public accountability of the PCC and its compliance with regulation and good practice. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources eg by allocating staff costs by time spent and other costs by their usage. Fixed Assets Consecrated and benefice property is not included in the accounts by s.1012113)&ICI of the Charities Act 2011. Moveable church furnishings held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property. listed in the Church's inventory, which can be inspected lat any reasonable timel. For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements. Investments Investments in quoted Shares. traded bonds and similar investrnents are valued initially at cost and subsequently at market Value at the year end. Investments held for re-sale are treated as current asset investments. Debtor5 Debtors are measured on initial recognition at settlement amount. Subsequently they are measured at cash expected to be received. Creditors and Accruals Creditors are measured at settlement amounts less any trade discounts. Accruals are measured on best estimate of the amount required to settle the obligation at the reporting date. Page 13
Parochial Church Council of Walsall Wood St John st Financial Statements for the Year Ended 31 December 2024 Statement of Financial Activities 2024 Unrestricted Designated Restricted Endowment funds funds funds funds 2024 2023 Receipts Donations and legacies Income from charitable activities Other trading activities Investments Other income Total income 47,398 11,069 2,105 1,655 ioi 164 3,914 27 51.414 55,026 11,260 11,404 2.105 5,674 1,656 1,572 62,228 265 3,942 66,436 73,677 Payments Raising funds Expenditure on charitable activities Other expenditure Total expenditure 656 64,153 li 848 668 603 75,434 83,494 10,432 64,809 860 10,432 76,102 84,098 Net income / lexpenditure) resources before transfer 12,582) 1595) {6.4901 19,666) (10,421) Transfers Gross transfers between funds - in Gross transfers between funds- out Other recognised gains / losses Gainsllosses on investment assets Gains on revaluation, fixed assets, charity's own use Net movement in funds 1,000 11,4501 450 11,0001 999 2,449 11,055 12,4501 111.0561 722 722 17.6001 (16,543) {7,706} 2.715 17.6001 110,6311 {4221 {5,491) Reconciliation of funds Total fund5 brought forward 5,686 50.122 41,050 96,859 104,564 Total funds carried forward (4.9441 49,700 35.560 80,316 96,859 Page 14
Balance Sheet 2024 CIBSS and rode De5rription Asat 3111212024 Asat 311Iy2023 Flxed assets CB3028066 CCLA Walsall Wood St John PCC Total Flxed assets 32.302 32,302 31,579 31,579 Current assets 11211552 11211560 51211579 6506 6507 6590 CB3028065 CB3028067 IDWALS091 zos HSBC current account Dep051t account HSBC Churchyard account End of year Debtor5- Inactive use Z04 OrtOPU5 EneTgy- Prepayment Petty cash CBF Deposit account C8F Churchyard account IDS Accounts Re¢eSvable Total Current assets 1,853 23.046 23.626 3.122 25.405 29,731 99 226 6.793 59 58 5.609 56 1,601 57.356 3.327 68,957 Llabllltles 6602 6605 6606 6607 6610 6699 PSWAiS09 Z04 LDBF Common Fund- Current Year End of Year Credltors End of year Accruals End of year Income in advance Common Fund Arrears Agency collertlons LD8F Common Arreèrs Accounts Payable Total Llabllltles 390 120 638 7,600 1.103 9,341 1.487 1.680 3,677 Net A55et surplu5 IdEfi¢itl 80,316 96,859 R•seFVOS Excesslldefiiitl to date Starting balances Galns/llossesl on Investment assets Galnslllossesl on reval of flxed assets Total Reserves 19.9491 97,150 431 17.3171 80,316 39.285 55,149 2.424 zoi Z02 Z03 96,859 Represent&d by Funds General Iunrestrlctedl Designated Re5trirte Total 15.9881 49,700 36,603 80,316 5.686 SO,122 41,050 96,859 Approved by the PCC on 23.03.2025 and signed on its behalf by Rev Ll Mltchell (Chairl Valerie 8enfurd15ecrotaryl Page 15
Balance Sheet 2023 Asat 3111212023 Asat 3111212022 Class and code Description Fixed assets 9020 Investrnents Total Fixed assets 31,579 31,579 28,863 28,863 Current assets 11211552 11211560 5011 5012 51211579 6506 6507 6590 C83028065 CB3028067 IDWALS091 Z05 HSBC current account Deposit account Choir account Baby & toddler account HSBC Churchyard account End ofyear Debtors Octopus Energy- Prepayment Petty cash CBF Deposit account CBF Churchyard account IDS Accounts Receivable Total Current assets 3.122 25,405 2,320 45,568 343 25.849 1,090 29,731 99 1,400 58 5,609 56 148 3,327 68,957 58 4,589 54 148 80,023 Liabilities 6602 6605 6606 6607 6610 6699 Z04 LDBF Common Fund- Current Year End of Year Creditors End of year Accruals End of year Income in advance Common Fund Arrears Agency collections Accounts Payable Total Liabilities 390 120 2,694 102 1,487 1.680 3,677 1,526 4,322 Net Asset surplus (deficit) 96,859 104,564 Reserves Excess/ldeficitl to date Starting balances Gainslllossesl on investment assets Gains/llossesl on reval of fixed assets Total Reserves 110,4211 104,856 2,424 49,706 59,000 14,1431 zoi Z02 Z03 96,859 104,564 Represented by Funds General (Unrestricted) Designated Restricted Total 5,686 50,122 41,050 96,859 6,190 56,779 41,593 104,564 Poge 16
Statement of Assets and Liabilities 2024 Class and nominal code General Designated Restricted Endowment 2024 2023 Fixed Asset - Investments CB3028066.- CCLA Walsall Wood St John PCC Total 32,302.41 32,302.41 32,302.41 31,579.60 32,302.41 31,579.60 Current Asset- Cash At Bank And In Hand 11211552: HSBC current account 11211560.. Deposit account 51211579.. HSBC Churchyard account 6590-. Petty cash CB3028065.' CBF Deposit account CB3028067: CBF Churchyard account IDWALS091- IDS 115,374.141 9,528.99 6,266.64 56.40 1,679.61 1.51 8,589.66 8,638.30 13,517.89 3,471.60 13,888.66 75.00 95.33 5,113.64 1,853.82 3,122.05 23,046.88 25,405.88 23,626.90 29,731.49 226.73 58.00 6,793.25 5,609.60 59.62 56.62 148.02 148.02 55,755.22 64,131.66 58.11 148.02 17,397.92 36,198.29 Total 2,159.01 Current Asset- Debtors 6506: End of year Debtors - Inactive use Z04 6507: Octopus Energy- Prepayment Z05.' Accounts Receivable 99.00 1.400.18 1,601.00 3,327.00 1,601.00 4,826.18 1,601.00 1,601.00 Total Liability - Agency Accounts 6699= Agency collections 638.00 638.00 638.00 1,487.20 638.00 1,487.20 Total Liability- Creditors: Amounts Falling Due In One Year 6605.. End of Year Creditors 6606.. End of year Accruals PSWALS09: LDBF Common Arrears Z04: Accounts Payable 390.00 120.00 7,600.00 1,103.96 8,703.96 7,600.00 1,103.96 1.680.71 8,703.96 2,190.71 Total Net total a55ets 14,943.95) 49,700.33 35,560.29 80,316.67 96,859.53 Page 17
Statement of Assets and Liabilities 2023 Class and nominal code General Designated Restricted Endowment 2023 2022 Flxed Asset - Investments 9020.. Investrnents 31,579 31,579 31,579 31,579 28,863 28,863 Total Current Asset- Cash At Bank And In Hand 11211552.. HSBC current account 11211560: Deposit account 5012.. Baby & toddler account 51211579- HSBC Churchyard account 6590.. Petty cash CB3028065.' CBF Deposit account CB3028067.' CBF Churchyard account IDWAL5091.' IDS 117,3901 11,887 8,903 11,607 13,517 3,122 25,405 2,320 45,568 343 25,849 58 4,589 54 148 78,932 7,998 58 495 4,377 17,355 29,731 58 5,609 56 148 64,131 5,113 56 148 18,542 Total 3,051 42,537 Current Asset - Debtors 6506.. End of year Debtors 6507.. Octopus Energy- Prepayment Z05: Accounts Receivable 99 1,400 3.327 4,826 99 1,400 3,327 4,826 1,090 Total 1,090 Liability- Agency Accounts 6699.. Agency collections 1,487 1.487 1,487 1,487 1,526 1,526 Total Liability- Creditors: Amounts Falling Due In One Year 6605.. End of Year Creditors 6606.. End of year Accruals 6607.. End ofyear Income in advance Z04- Accounts Payable 390 120 390 120 2,694 102 1,680 2,190 1,680 2,190 Total 2,796 Net total assets 5,686 50,122 41,050 96,859 104,564 Page 18
Analysis of Income and Expenditure 2024 Unrestricted Designated Restricted Endowment 2024 2023 RECEIPTS Donatlons and legacles 0101- Gift Aid collections 0102 - Gift aid giving one off donations 0110- Gift Aid- Envelopes 0201- Other planned giving 0301- Church collections 0302 - Collections Baptism 0303 - Contactless Receipts 0304 - Collections funerals 0305 - Collections weddings 0306 - Messy Church collections 0315 - Contactless 0410- Giving through church boxes Inative 0500- Donations Appeals 0502- Donations compassion 0505- Donation other 0509- Candle Stand donations 0550 - Donations appeals etc 0601- Tax recoverable on Gift Aid 08AI- Non-recurring one-off grants 0900- Fundraising & Social Events 0904- Summer / Christmas Fayre 0920- Churchyard Appeal 7.846 7,846 12,083 1.400 9,901 10,396 4,474 4,718 5,639 5,315 757 206 336 618 20 35 9,901 4,474 5,639 757 534 17 44 1,434 534 17 44 1,434 163 1,451 2,000 1.451 3,329 2,765 1,427 74 1,456 462 8,207 7,626 300 1,000 6,304 2,223 3,663 763 74 I,ioi 8,207 300 6.304 91 263 200 3,914 200 51,414 55,026 Donatlons and legacies Totals 47.398 ioi Income from charltable artivlties 1100- PCC fees wedding- Inactive 2024 use 1101 1101- PCC Fees Weddings and Funerals 1102- PCC Local Fees 1210- Bookstall sales 1230- Church hall lettings Income from charitable artivitles Totals 18 4,765 1,445 18 406 4,819 8.621 1,555 2.377 54 iio 4,836 11,069 27 27 4.863 11,260 11,404 164 Other tradlng activities 1207 - Magazine adverts luse 12501- Inactive 2024 1221- Bookstall card sales - Inactive 2024 use 1210 1240 - Community hall lettings 1250 - Magazine income - advertising 1260 - Parish magazine sales 1290 - Church room lettings - Inactive 2024 use 1230 Other trading activities Totals 280 13 1,834 5,057 240 28 1.834 240 28 224 loo 2,105 5,674 2,105 Investments 1001- Dividends 1002- Interest deposit account 1003 - Interest CBF account 1004- Interest CBF churchyard acount 1009- Dividends Investment alc CB3028066-001 Investments Totals 15 455 751 15 455 751 15 535 157 434 1.655 434 863 1,656 1,572 Receipts Grand totals 62,228 265 3,942 66,436 73,677 Page 19
PAYMENTS Raising funds 1700- Costs of fetes & other events 1706- Costs of stewardship campaign 1740- Bank Charges 236 395 24 656 236 395 36 668 387 215 li li Raising funds Totals 603 Expenditure on charitable activities 1801- Giving to missionary societies 1831 Giving to missionary societies Bible Soc 1840- Giving- relief and development agencies 1850- Giving Home mission 1870 - Giving Secular charities 1871- Secular charities compassion 1910- Comrnon Fund 1911- Cornmon Fund Special Assessment- Inactve 2050 - Parish Administrator Salary 2150 - Vicar's telephone 2200 - Mission 2201- Mission- USE 2200 2301- Deanery contribution 2305 - Equipment 2306- Misc 2307- Waste 2308 - Hospitality use 2309 - Maint of heating & light equip 2310- Church office- telephone 2320- Organ / piano tuning 2321- Organ Piano Repairs 2322 - Minor repairs linc routine maint) 2330- Church maintenance 2331- Cleaning Materials 2340 - Upkeep of Services 2341- Altar requisites 2342- Music 2343 - Licence fees 2346 - Ministerial resources 2350- Upkeep of churchyard 2353 - Maint of churchyards 2354- Maint rep of churchyard equip 2360- Administration Inactive 2361- Administration 2362- Stationery etc 2363 Copier 2366- Software 2371 Children Young Peoples work 2380- Flower fund exp 2401- Church insurance 2402 - Church Electric 2403- Church Ga5 2404- Church Water 2500- Magazine expenses 2521- Hall electricity 2522 - Hall gas 2523 - Hall insurance 2528- Hall equipment 265 io 30 39 43 53 iio 70 318 120 loo 39 90 1,136 1.540 36.400 45,192 13,1921 3,604 4,237 1,542 1,611 1,077 20 175 90 90 3,125 1,049 134 73 220 223 157 359 716 72 433 125 317 921 2.045 120 120 210 343 46 1,136 36,400 3,604 1,542 1,046 31 90 125 134 220 103 3,000 53 2,213 2,213 249 244 921 2.903 383 2.903 2.190 383 763 321 127 404 361 53 488 87 693 1,413 995 33 1.156 411 157 644 234 180 321 404 488 536 995 157 477 72 464 181 32 509 72 464 181 140 85 3,073 2,915 1,564 2.196 2,694 5,004 252 232 112 719 1,144 1,493 659 810 613 871 17 140 85 3,073 1.564 2,694 252 112 974 633 613 169 26 Page 20
2529 - Hall waste 2530 - Hall cleaner 2535- Hall rnisc 2560 - Hall maintenance 2601 Governance costs examination/audit fee 2620- Book Keeping Costs 2710 - Church major repairs - installation Expenditure on charitable activlties Totals 179 720 40 220 720 70 963 900 223 810 29 869 70 266 697 900 590 3,250 3,000 75,434 83,494 3,250 10,432 64,153 848 Payments Grand totals 64,809 860 10,432 76.102 84,098 Fund movement by type 2024 Fund Openin8 Incoming Outgoing Transfers Gains/Losses Journals Closing Administration Designated 195.93 195.93 43.68 43.68 152.25 152.25 Sub-totals Baby Restricted 200.00 200.00 27.10 27.10 101.50 ioi.so 125.60 125.60 Sub-totals Bible Designated 687.65 687.65 12.90 12.90 700.55 700.55 Sub-totals Building Designated 7,577.99 7,577.99 7.577.99 7,577.99 Sub-totals Charitv Restricted 146.28 146.28 226.28 226.28 180.001 180.001 Sub-totals Children & Young People Designated 858.80 858.80 858.80 858.80 Sub-totals Children & Young People Res Restricted 11,980.12 11,980.12 140.80 140.80 11,839.32 11,839.32 Sub-totals Choir Social Fund Restricted 243.00 243.00 243.00 243.00 Sub-totals Churchyard Appeal Restricted 10,846.95 10,846.95 220.00 220.00 11,066.95 11,066.95 Sub-totals Churchyard Maintenance Restricted 7,501.87 7,501.87 1.49 1.49 2,021.40 2,021.40 5,481.96 5,481.96 Sub-tota15 Compassion Page 21
Restricted 4,763.00 4,763.00 1,451.00 1,451.00 1,189.00 1,189.00 5,025.00 5,025.00 Sub-totals Decoratlon Designated 148.02 148.02 148.02 148.02 Sub-totals Flower Designated 24.20 24.20 85.00 85.00 160.801 160.801 Sub-totals Gown Designated 1,027.30 1,027.30 1,027.30 1,027.30 Sub-totals Hall Restricted 520.00 520.00 503.31 503.31 16.69 16.69 Sub-totals Investments Designated 31,579.60 31,579.60 722.81 722.81 32,302.41 32,302.41 Sub-totals Magazlne Designated 112.36 112.36 1112.361 1112.36} Sub-totals Mission Designated 3,788.50 3,788.50 3,788.50 3,788.50 Sub-totals Music Designated 1,006.30 1,006.30 164.00 164.00 566.05 566.05 604.25 604.25 Sub-totals Pastoral Restricted 1,033.62 1,033.62 1,033.62 1,033.62 Sub-totals Pow Designated 53.38 53.38 450.00 450.00 396.62 396.62 Sub-totals Thanksgiving Des Desi8nated 2,000.00 2.000.00 11,000.001 11,000.00) 1,000.00 1,000.00 Sub-totals Thanksgiving Restricted Restricted 3,554.38 3,554.38 2,000.00 2,000.00 6,250.00 6,250.00 999.62 999.62 304.00 304.00 Sub-totals Tower Designated Designated 46.76 46.76 46.76 46.76 Sub-totals Tower Restricted Page 22
Restritted 504.15 504.15 504.15 504.15 Sub-totals Youth Bibles Designated 1,205.44 1,205.44 64.60 64.60 1,270.04 1,270.04 Sub-totals General Unrestricted 5,686.87 62,228.58 64,809.78 5,686.87 62,228.58 64,809.78 1449.621 1449.62) 144,000.001 144,000.00) {4.9441 14,944) Sub-totals Totals 96,859.53 66,436.87 76,102.54 722.81 (44,000.00) 80,316.67 Fund movement by type 2023 Fund admin Designated Opening Incoming Outgoing Transfers Gains/Losses Journals Closing 365 365 169 169 195 195 Sub-totals Baby Restricted 543 543 343 343 200 200 Sub-totals Bible Designated 687 687 687 687 Sub-totals Build Designated 7,577 7,577 7,577 7,577 Sub-totals Candles Designated 284 284 12851 {285) Sub-totals char Designated 1,338 1,338 11,3391 {1,3391 Sub-totals Charlty Restricted 146 146 146 146 Sub-totals Comp Restricted 2,890 2,890 3,329 3,329 1,456 1.456 4,763 4,763 Sub-totals Copier Designated 1,562 1,562 11.5631 (1,563) Sub-totals CYApp Restricted 10.846 10,846 Page 23
Sub-totals 10,846 10,846 CYM Designated 7,809 7,809 320 320 923 923 17,2071 17,2071 Sub-totals cyp Designated 695 695 343 343 180 180 858 858 Sub-totals CYPR Restricted 11,980 11,980 11,980 11,980 Sub-totals CYR Restricted 7,974 7,974 453 453 1201 (201 7,501 7.501 Sub-totals Flower Designated 69 69 69 69 Sub-totals Gown Designated 1,027 1,027 1,027 1,027 Sub-totals HALL Restricted 520 520 520 520 Sub-totals INV Designated 28,863 28,863 2.715 2,715 31,579 31,579 Sub-totals Mission Designated 3,788 3,788 3.788 3,788 Sub-totals Music Designated 1,268 1,268 424 424 685 685 1,006 1,006 Sub-totals Pastoral Restricted 1,033 1.033 1,033 1,033 Sub-totals TG Designated 2,000 2,000 2,000 2,000 Sub-totals thanks Restricted 5,154 5,154 1.400 1,400 3,000 3,000 3,554 3,554 Sub-totals Tower Designated 46 46 Page 24
Sub-totals 46 46 towerR Restricted 504 504 504 504 Sub-totals VDF Designated 109 Iiioi {iio) Sub-totals 109 Vic Designated 148 148 148 148 Sub-totals Youth Designated 1,136 1,136 68 68 1,205 1,205 Sub-totals General Unrestricted 6,190 6,190 65,791 65,791 76,816 76,816 10,521 10,521 5,686 5,686 Sub-totals Totals 104,564 73,677 84,098 2,715 96,859 Allocation of Support Costs Support costs comprise Trustee Training and Governance Costs etc. Due to the nature of the financial activities of the PCC, these would be allocated across Charitable Expenditure which comprises the majority of its expenditure and as such are automatically charged there. Staff Costs 2024 2023 Wages & Salaries £2,698 £4.237 Average nurnber of employees During the year the PCC employed an administrator Ipart-timel for part of the year and no payments were large enough to attract social security costs. There were no employee benefits to key management personnel in the previous or current year. The PCC use the National Employment Savings Trust [Nestl via the Diocesan Payroll Scheme. However, the employee is not eligible so no payments were made. Page 25
Related Partles Donations from Related Parties Donations from related parties IPCC membersl during the year totalled £11.21120241£14,14120231. All these donations were received without conditions. Remuneration paid to Trustees No remuneration was paid to any trustee during the year. Expenses paid to Trustees One Trustee was reimbursed £1,441 in 20241£1,507 2023] for telephone and broadband expenses. Fees for the examlnation of the accounts 2024 2023 Independent Examiner's fees 150 150 Other fees- Bookkeeping £300 £450 £300 £450 Total Analysis of Transfer between Funds- 2024 R•f8r•nce AcGounl Codè dgs¢dptlon Cb tkS¢riptton Fund FuTrJ Type TFR Gen to Placgs ofWelcom&-dllnabon HSBC iurtentaccount 350 General Unr TFR Gen to Placgs ofW8lcom&- donabon HSBC ¢uirentac¢ount 3SO Pow Des TFR Gen to Places Of1¢0M9- donarion 11211552 HSBC cutrenta¢couni 40 General Unr TFR Gen to Places of1¢0m8- ¢onation HSBC cutrentaecount 40 Pow Des TFR GEn to Places ofWÈlcome- donaion S8C curr8ntaccount 60 General Unr TFR GEn to Ha¢e5 ofWÈlc0me-4ona0n Email from Rob on 27.01.25tll incroas ThanksgiNino Re5kncied lundto £304 Emailfrom Rob on 27.01.2 to increas£ ThAnk59iNing Reskncied nd to £304 Emailfrom Rob tsn .01.25to reduce Thanksgiwng de$ignal8d tund ioE10UQ Email from Rob On 27.01.25to iedu¢e Thank5gi¥%ng designatadfund ttsE1000 S8C ¢urr@ntaccr>unl SD Puw Ds Email R*b on i0in¢reAse ThanksgiNin9 Resth¢igd tund io£304 Email rtom Rob on 27.01.25 1n¢ase Thanksgiiing Resthcied tund iD£3D4 Email fvorn Rob on 27.01 25 reduC ThanksgiNing de5ignÈtedfundto £1000 Email Iiorn Rob on 27.0125 ioreduc Thank$9iNing dp5ignatedfundto £1000 11211552 SBC ¢¥rr8ntJccyunl 999.e2 GBn•r41 unr 11211552 HS8¢ cutrentaCCOuni HSBC Churchprd Ccount 988.62 ThAnks#i%ing R#strithd Res 51Z11579 1.000.QD Thanksgin9 Des Des Hs8 account hurchpid 51211578 1.000.00 General Unr 2,449.62 2,449.62 Page 26
Analysis of Transfer between Funds- 2023 Deblt Credtt Descrlptlon TRFTO GEN FUND Fund Jnd Type Des 284.47 Candles 284.47 TRFFROMCANDLE OES TRFTOGEN FUND General Unr 1.338.80 char Des 1.338.80 TRF FROMCHARITIES DES TRFTO GEN FUND General Unr 1.562.64 Copier General Des 1,562.64 TRF FROMCOPIER DES Unr 109.01 TRFTO GEN FUND TRF FROMIACMiS DF DES TRF TO MUSIC VDF Des 109.01 General Unr 216.96 General Unr 216.96 TRF TO MUSIC Mjsic Des 40 TO COMPASSION General Unr 40 FROM GEN Com Res 7,226.35 TRFTO GEN FUND CYM Des 7.226.35 TRF FROMCYM General Unr 216.96 TRFTO GEN FUND SIC TRF sic Des 216.96 General Unr 40 TO GEN FROM COMPASSION TO CLEAR DES FUND TRF FRQMRES FUND Com Res Unr 40 General 20 CYR Res 20 CYM Des Poge 27
Fixed Asset Investments Change in market value At 31" Dec At I"Jan Additions Disposals Transfers Unrestricted funds 723 Designated Funds Investments 31,579 32,302 Restricted Funds Total 31,579 32,302 CCLA CBF Investment Fund CB3028066 £32,302 20241£31,580 20231 Current Assets Debtors 2024 2023 Gift aid recoverable Prepayments and accrued income Other debtors 1.400 3,426 1,601 Total 1,601 4,826 Llabilitie5 Amounts falling due within one year 2024 2023 Income in advance Common Fund Other creditors Agency (restricted) Total 7,600 1,103 638 9,341 2.191 1.487 3,678 Poge 28
Summary of Assets 2024 Unrestrirted General Iunrestrictedl Designated Designated - Administration DesiEnated Bible Designated - Building Designated Children & Young People Designated - Decoration Designated - Flower Designated - Gown Designated - Investments Designated- Magazine Designated - Mission Designated - Music Designated- Pow Designated - Thanksgiving Des Designated - Tower Designated Designated - Youth Bibles Restricted Restricted - Baby Restricted - Charity Restricted Children & Young People Res Restricted Choir Social Fund Restricted - Churchyard Appeal Restricted - Churchyard Maintenance Restricted Compassion Restricted - Hall Restricted - Pastoral Restricted Thanksgiving Restricted Restrirted - Tower Restricted 14,9441 14.9441 5,686 152 152 195 700 7,577 858 148 1611 1,027 32,302 11131 3.788 604 396 1,000 46 1,270 700 7,577 858 148 {611 1,027 32,302 {1131 3,788 604 396 1,000 46 1,270 687 7,577 858 148 1,027 31,579 3,788 1,006 2,000 46 1,205 125 125 200 180) 11,839 243 11,066 5,481 5.025 16 1,033 304 504 35,560 1801 11,839 243 11,066 5,481 5,025 16 1,033 304 504 80,316 146 11,980 10,846 7,501 4,763 520 1,033 3,554 504 96,859 Total {4,9441 49,700 Page 29
Summary of Assets 2023 Unrestricted General (Unrestricted) Designated Designated - admin Designated - Bible Designated - Build Designated - Candles DesiEn3ted char Designated Copier Designated - CYM Designated- CYP Designated - Flower Designated- Gown Designated - INV Designated - Mission Designated - Music Designated - TG Designated- Tower Designated- VDF Designated - Vic Designated - Youth Restricted Restritted - Baby Restricted Charity Restricted- Comp Restricted - CYApp Restricted - CYPR Restricted - CYR Restricted - HALL Restricted Pastoral Restricted thanks Restricted - towerR Unrestricted 5,686 Desginated Restricted Endowment 2023 5,686 2022 6,190 195 687 7,577 195 687 7,577 365 687 7,577 284 1,338 1,562 7,809 695 69 1,027 28,863 3,788 1,268 858 858 1,027 31,579 3,788 1,006 2,000 46 1,027 31,579 3,788 1.006 2,000 46 46 109 148 1,136 148 1,205 148 1,205 200 146 4,763 10,846 11.980 7.501 520 1,033 3,554 504 41,050 200 146 4,763 10,846 11,980 7.501 520 1.033 3,554 504 96,859 543 146 2,890 10,846 11,980 7,974 520 1.033 5,154 504 104,564 Total 5.686 50,122 Page 30
Prior Year Comparatives Statement of Financial Artivities- 2023 Unrestricted Restricted Endowment funds funds funds 2023 2022 Income and endowments from". Donations and legacies Income from charitable activities Other trading activities Investrnents Other income Total income 50.297 11,404 5,674 1,572 4.729 55,026 52,567 11,404 8,031 5,674 5.412 1,572 1,000 68,947 4,729 73,677 67,011 Expenditure on: Raising funds Expenditure on charitable activities Other expenditure Total expenditure 603 78,241 603 83,494 56,934 5,253 78,845 5.253 84,098 56,934 Net income / lexpenditurel resources before transfer 19,898) {524) 110,4211 10,076 Transfers Gross transfers between funds - in Gross transfers between funds - out Other recognised gains / losses Gains/losses on investment assets Gains on revaluation. fixed assets, charity's own use Net movement in funds 11,015 110.9961 40 1601 11,055 111,0561 2,715 2,715 13,8521 17,162) {544) 17,7061 6,225 Total funds brought forward 62,970 41,593 104,564 98,338 Total funds carried forward 55,809 41,050 96,859 104,564 Page 31