The Parochial Church Council of the
Ecclesiastical Parish of Aldridge,
Diocese of Lichfield
St. Mary the Virgin - Parish Church
St. Thomas, Church
St. Mary's Mission Tynings Lane
Report and Accounts
for the year ended
31st December 2024
Charity Registration Number 1139511

Parochial Church Council of the Ecclesiastical Parish of Aldridge
Diocese of Lichfield
14 The Green, Aldridge, Walsall WS9 8NH
The Annual Re
ort for 2024
Minist Team Durin
2024
Rector Revd Steve Doel
Revd David Sims
Revd Jon Morley (Retired 15112124)
Truste
Members of the Parochial Church Council
pcc
Mr l Anderson (Retired Apr 24) Mr lan Baldwin Mrs R Bryant (Appointed May 24)
Mr J Chalmers (Lay Reader) Mr M Chapman Mr D Clayton (Warden) Mrs G Davis
Mr A Dickson (Warden) Rev S Doel (Rector) Dr C Flenley (Warden) Miss H Ford
Mr P Ford Mrs S Grundy (Warden) Mrs A Harrison Mr S Harrison (Lay Reader)
Dr J Lee (Retired Apr 24) Mrs B Leech (Appointed May 24) Mrs A Luik (Warden)
Mrs K Mason Mr L Matthews-Dibbins (Appointed May 24) Rev J Morley (Retired Dec 24)
Ms S Parker Mrs J Peel Miss A Roberts (Warden, appointed May 24) Mrs K Robinson
Rev D Sims Mr C Stanford (Warden) Mr I Wilkes Mr P Young (Treasurer)
The PCC comprises: Clergy, Churchwardens, Deanery Synod Representatives and elected
members from each of the three churches within the Anglican Parish of Aldridge. Elected
members serve for a period of up to three years. All church attendees are encouraged to
register on the Electoral Roll and stand for elections to the PCC. The Parochial Church
Council is a corporate body established by the Church of England. The PCC operates under
the Parochial Church Council Powers Measure. The PCC is registered with the Charity
Commission. registration number 1139511.
Secretary and Administrator: Andrea Potter. Treasurer: Phil Young
Bankers
Aldridge Parish Church & Tynings Lane Church - Lloyds Bank
St Thomas Church - National Westminster Bank
Back
round
The Anglican Parish of Aldridge comprises three churches, Aldridge Parish Church (St. Mary
the Virgin ) situated on The Green in the centre of Aldridge, St. Thomas, Church situated in
St Thomas Close and St Mary's Mission in Tynings Lane. Revd Steve Doel. Rector, is
based at the Parish Church, The Revd David Sims is the minister based at St Thomas,
Church and Revd Jon Morley is the curate.
The PCC comprises representatives of all three Churches and meets to discuss parish-wide
matters, to receive reports from the three district committees and to debate wider issues.
They are the Trustees of the Parish finances. Each Church has its own district committee
which meets regularly throughout the year and which is free to set up appropriate sub-
committees to carry out the day to day work of each worship centre.

Structure Governance and Mana
ement
The method of appointment of the PCC members is set out in a scheme adopted by the
th
Annual Parochial Church Meeting on 29 April 2019. The PCC is made up of: clergy who are
licensed to the Parish. all persons who have been elected to service on the General Synod,
the Lichfield Diocesan Synod. and the Walsall Deanery Synod; all persons who have been
elected to serve as Church Warden at the three churches in the parish; a number of lay
representatives who have been elected to serve on the area committees, as delegated by
those committees. Elections to the area committees are Carried out in accordance with the
Church Representation Rules. All church attendees are encouraged to register on the
Electoral Roll and stand for election to one of the area committees.
Ob"ectives and Activities
The purpose of the Charity as stated in the governing documents is to co-operate with the
incumbent in promoting in the ecclesiastical parish the whole mission of the church, pastoral,
evangelistic and ecumenical and to provide public benefit through the provision of free
regular public worship open to all. In addition to this we provide grants and gifts to support
the wider mission of the church beyond Aldridge, to benefit people in this country and
overseas.
How our activities deliver
ublic benefit and who has benefitted
The principal gathering points of the church are our Sunday services which provide public
benefit as they are open to all who wish to attend. We have continued to offer web-based
access to church services post-pandemic for those who wish to continue to shield or cannot
easily attend a physical service. As well as our regular weekly services, we enable our
community to Celebrate and thank God at the milestones of the journey through life through
baptism and wedding services. and to moum and reflect at funeral services and memorial
services. The annual Remembrance Service involved representatives from across the
community as we remembered those who have served and given their lives for us.
The weekly activities are varied and cover a whole range of different areas. The following
provides a brief summary of some of the events that took pla￿ during 2024.
1. Worship teams and other musicallsinging activities in support of Sunday services.
2. Wednesday Worship, a mid-week service led mainly by lay members of the
congregation.
3. Alpha courses and other meetings and events which helped people to understand
the Christian faith.
4. Small groups meeting together for fellowship. prayer and bible study.
5. Working with toddlers. children, young people, uniformed groups and students in
groups and clubs throughout the week.
6. Supporting senior members of our community through groups which meet regularly in
the church buildings in our parish.
7. Healing on the Streets -a team from the Church praying for healing for local people.
All of these activities are dependent on the many volunteers who lead and give of their time
to enable all areas of the Church to function. ljvhilst we employ both full and part-time staff
and we have two clergypersons appointed to the Church. we would not be able to function in
the way we do without the input of all of our volunteers. The scale of the work of the charity
is greatly enhanced by the input of all the members of the Church.
The PCC and staff regularly review the activities of the church looking at the success of each
key activity, assessing the benefits to those attending and planning future activities
accordingly. The success criterion is asking does this activity help. support, encourage and
build up people in their lives and faith. We have referred to the guidance contained in the

Charity Commission's general guidance on public benefit when reviewing our aims and
objectives and in planning future activities.
Financial Review
Levels of voluntary income increased in 2024 by £57,530 to £401,492 though it should be
noted that 2024's income was bolstered by a £32,210 legacy received. Other incoming
reSoUr￿S saw falls (Little Fishes play group ceased operations in February 2024, and the
associated reduction in income was only partially offset by an increase in trading income),
leading to a smaller overall increase in income of £34.265, year on year.
Inflationary pressures have continued to impact expenditure levels, though the reduction in
events and activities expenditure resulting from the closure of Little Fishes, meant that there
was an overall reduction in expenditure of £22,495 to £528,012.
Taken together this has meant that an overall deficit of £33,628 in 2023 was tumed into a
surplus of £23,132 in 2024. General reserves of £194,210 provide us with a reasonable
financial cushion against unforeseen circUmstan￿s.
Incoming Resources
Unrestricted direct giving increased by £51,220, moving from £312,283 to £363.503.
The split of giving across the three churches changed a little compared to 2023, with
540/0 contributed by APC (2023 60 % ), 40 % by St Thomas's (2023 31 % ) and 6¥0 from
Tynings Lane Church (2023 9 % ).
Direct giving for restricted purposes increased during the year by £7,990 from
£29,999 to £37,989. Amounts are given each year at Tynings Lane in respect of the
Children's Worker and House, with amounts given at APC and St Thomas for various
appeals as the need arises.
Income from events and activities decreased by £37,679 from £88,757 to £51.078.
This level of expenditure reflects the broad range of activities that are undertaken on
a regular basis across the parish. The closure of Little Fishes led to an overall fall in
income, with pre-school groups generating £6,897 in 2024 compared with £46.377 in
2023.
Grant income (restricted and unrestricted) increased by £4,537 from £49,458 to
£53,995. £43,183 of grant income was received from the Cooper and Jordan Trust to
support various lay workers across the parish and the trustees remain extremely
grateful for the trust's financial support.
Trading income increased by £7.454 from £28,047 to £35,501. A substantial
proportion of this income is generated by hires of the church centre building. with
smaller amounts generated from the hire of St Thomas and Tynings Lane church
buildings.
The net effect of these and other changes was an increase in total incoming
resources of £34.265, from £516,879 to £551,144.
Resources Expended
Expenditure on grants for mission increased by £6,973 from £34,321 to £41,294, split
into unrestricted grants of £33,228 and restricted grants of £8,066. It is the intention
of the three churches to allocate at least 10 % of the prior year's unrestricted direct
giving for mission purposes in accordance with the objectives of the charity. Grants
were made to both local and international organizations, with each local church
council deciding on its own allocation of funds.
Lay ministry costs decreased by £8,169 from £114.802 to £106,633. Cost of living
increases were offset by a reduction in youth minister costs our youth minister left
in September 2024 and the post remains vacant.
Costs directly relating to the work of the church increased by £8,262 from £275,507
to £283,769 an increase of 3 %. Parish Ministry Costs fell again by £3,078, cost of

living increases having been offset by the parish moving from a 2.25 to 2.0 clergy
model. Repair costs continued to be quite low, coming in at £34,199 compared with
£30,209 in 2023. The increase in energy costs continues to impact the parish, with
light and heat costs increasing from £34.307 in 2023 to £44,024 in 2024.
Expenditure on events and activities decreased from £87,514 to £43,853 reflecting
the closure of Little Fishes play group in February 2024.
Church Administration is a wide-ranging expense category, including administrative
staff costs, printing and stationery, telephone, internet and photocopying costs.
These costs amounted to £41,164, an increase of £9,091 compared with 2023's
expenditure of £32,073. As well as cost of living increases, additional amounts were
spent on IT provision during 2024. There were no changes in administrative staffing
levels during the year.
Trading costs of £2,192 (2023 - £146) were costs of catering and related costs
associated with room hires and the Centre Café operation at the Church Centre.
Expenditure for the whole parish was £528,012 in total, £22,495 (4.1 % ) less than
2023's expenditure of £550.507. Expenditure was £23,081 less than the total
incoming resources of £549,174. Unrestricted activities generated a surplus of
£30,393 with a deficit of £7,261 being incurred from restricted activities.
The level of unrestricted reserves at £194,210 represents 41 % of unrestricted
resources expended during the year (see comment on reserves policy below)
Balance Sheet
The fixed assets balance reduced by £24,653 to £979,019, being the depreciation
charge for the year for the church centre. The church centre is held within restricted
accounts.
Debtors increased from £23,404 to £26,922. £23,512 of the year-end 2024 balance
was the HMRC Gift Aid debtor (2023. £21,875)
Cash balances increased from £222.948 to £251,803. The closing cash and bank
balance is more than sufficient to cover commitments owing from restricted funds
received.
Creditors decreased from £32,647 to £17,235.
Public Benefit
The Trustees of the Charity are aware of the Charity Commission's guidance on public
benefit in The Advancement of Religion for Public Benefit and have regard to it in the
administration of the Charity. The trustees believe that, by promoting the work of the Church
of England in the Ecclesiastical Parish of Aldridge it helps to promote the whole mission of
the church (pastoral, evangelical, social and ecumenical) 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 sen4ice by members of the Church in and to their
communities, to the benefit of individuals and society as a whole
Risk Mana
ement

The trustees acknowledge that they are responsible for risk management and review the
major risks, both financial and non-financial, to which the Church Council is exposed in the
course of its current activities. Risks are assessed to ensure that appropriate systems and
controls exist to minimize internal risks and that effective response mechanisms exist to
respond to and minimize the impact of external risks. A working party has been established
across the three worship centres to formulate policy for the Church Council and which
ensures that appropriate risk assessments are carried out on a regular and systematic basis
The operation of three separate Ghurches, each with its own district committee, financial
system and delegated powers, increases the likelihood of low impact events, but lessens the
likelihood of high impact events. Most identified risks are likely to affect only one of the three
worship centres, giving a degree of resilience that would otherwise not be possible. Finance
risks are managed by budgets and regular financial reviews with appropriate internal control
procedures in place. Operational risk is managed in a variety of ways, for example by
utilising appropriate insurance policies, examining alternative meeting venues etc.
Legal and statutory requirements are reviewed on a regular basis, and comprehensive Child
and Vulnerable Adult Protection Policies are in place.
Trustees. Res
onsibilities
The trustees are responsible for preparing the Trustees, Annual Report and the financial
statements in accordan￿ with applicable law and United Kingdom Accounting Standards
(United Kingdom Generally AC￿pted Accounting Practice).
The law applicable to charities in England & Wales requires the trustees to prepare financial
statements for each financial year which give a true and fair view of the state of affairs of the
charity and of the incoming resources and application of resources of the charity for that
period. In preparing these financial statements, the trustees are required to"
select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP 2019 (FRS 102).
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards have been followed, subject to any
material departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is
inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with
reasonable accuracy at any time the financial position of the charity and enable them to
ensure that the financial statements comply with the Charities Act 2011, the Charity
(Accounts and Reports) Regulations 2008 and the provisions of the governing document.
They are also responsible for safeguarding the assets of the charity and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularities.
Volunteers
In temis of the number of hours spent on preparing for and running church activities, the
majority of effort comes from volunteers. The work of the church could not be sustained
without the contribution made by volunteers in all aspects of its ministry, from holding church
senil￿s, to children's and youth work, pastoral work, maintenance of the church buildings,
operation of the church centre, governance and management of the church.
The appointment of volunteers has due regard to safe recruitment processes, particularly
where the work involves working with children or vulnerable adults. This will include. where
appropriate, having a formal job description, being interviewed with references taken up, and
the completion of DBS checks.

Reserves Polic
It is not the policy of the PCC to maintain a minimum balan￿ on unrestricted reserves other
than to cover short-term needs. The unrestricted reserves at the year-end of £194,210 would
allow for a period of continued operation of around 4 months in the event of an emergency
situation. Because of its commitment to international mission together with outreach work
within the local community, the PCC considers that any resources generated in addition to
those forecast in its budget would most likely be spent in the current year rather than carried
forward. The balance of £1,046,299 in restricted funds includes £979,019 held in respect of
the Church Centre building at the Parish Church. These reserves will decrease over a period
of 50 years as the building cost is amortised through the SOFA.
On behalf of the PCC
Rev David Sims (Trustee)
Date

Independent Examiner's Report to the Trustees of The Parochial Church Council of Aldridge
I report to the charity trustees on my examination of the accounts of the charity for the year ended
31 December 2024 which are set out on pages 8 to 15.
Responsibilities and basis of report
As the Gharity's trustees you are responsible for the preparation of the accounts in accordance with
the requirements of the Charities Act 2011 ('the Act,).
I report in respect of my examination of the charity's accounts carried out under section 145 of the
Act and in carrying out my examination I have followed all the applicable Directions given by the
Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
Since the charity's gross income exceeded £250,000 your examiner must be a member of a body
listed in section 145 of the Act. I confirm that l am qualified to undertake the examination because I
a member of Institute of Chartered Accountants in England and Wales which is one of the listed
bodies.
I have completed my examination. I confirm that no material matters have come to my attention in
connection with the examination giving me cause to believe that in any material respect..
accounting records were not kept in respect of the charity as required by section 130 of the Act.
or
2. the accounts do not accord with those records,. or
3. 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 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.
Richard Smallwood
Chartered Accountant
20 Birmingham Road
Walsall
West Midlands
WS12LT
th
12 September 2025

PAROCHIAL CHURCH COUNCIL OF ALDRIDGE
SUMMARY OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST DECEMBER 2024
Unrestricted
Funds
Restricted
Funds
TOTAL
FUNDS
TOTAL
FUNDS
31112123
Notes
Incomin
Resources
Voluntary Income
Direct Giving
Grants Received
Events & Activities
Activities for Generating Funds
Other Ordinary Income
Trading Income
Investment Income
2a
2b
363,503
42,595
50,272
13
6,346
35,501
2,273
37,989
11,400
806
401,492
53,995
51,078
13
6,687
35,501
2.378
343,962
49,458
88,757
114
4.892
28,047
1.649
2c
341
2d
105
500,503
50,641
551,144
516,879
Resources Ex
ended
Grants for Mission
Lay Ministry
Support Costs
Costs directly relating to
the work of the church
Events and Activities
Tynings House
Govemance Costs
Church Management
and Administration
Trading Costs
Costs of Generating Funds
3a
3b
33,228
89,667
3,040
8,066
16,966
41,294
106,633
3,040
34,321
114,802
490
3d
253,794
43,157
29,975
696
2,199
283,769
43,853
2,199
3,688
275,507
87.514
2.234
3.400
3f
3g
3,688
3h
41,164
2,192
180
41,164
2,192
180
32,073
146
20
470,110
57,902
528,012
550.507
Net movement in funds
30,393
-7,261
23,132
-33,628
Opening Balance
167,717
1,049.660
1,217,377
1,251.005
Transfer Between Funds
4,900
3,900
Closing Balance
194,210
1,046,299
1,240,509
1.217,377
All income and expenditure derive from continuing activities

PAROCHIAL CHURCH COUNCIL OF ALDRIDGE
BALANCE SHEET AT 31ST DECEMBER 2024
31ST DECEMBER 2024
31ST DECEMBER 2023
Notes
Fixed Assets
Fixed Assets
979,019
1,003,672
979,019
1.003,672
Current Assets
Debtors
Cash at Bank
26,922
251,803
278,725
23.404
222,948
246,352
Creditors
17,235
32.647
Net Current Assets
261,490
213,705
NET ASSETS
1,240,509
1,217,377
Funds
Unrestricted Funds
Restricted Funds
194,210
1,046,299
167,717
1,049.660
1,240,509
1,217,377
Approved by the Parochial Church Council and signed on its behalf by..
Rev David Sims (Trustee):
Phil Young (Treasurer>:
Date
J.o.i.1..
The notes on pages 10 to 15 form part of the accounts

PAROCHIAL CHURCH COUNCIL OF ALDRIDGE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024
2024
2023
1 ACCOUNTING POLICIES
The accounting policies are set out on page 15
2 INCOMING RESOURCES
2a
Voluntary Income - Direct Giving (including restricted items)
St. Mary the Virgin- Parish Church
-gift aid recovery
st. Thomas
-gift aid recovery
St. Mary's Mission Tynings
-gift aid recovery
Other
179,188
37,217
137,257
20,229
25,122
2,479
173.902
35,509
84,344
15,675
25,638
8,339
555
343,962
401,492
2b
Grants Received
Cooper & Jordan Trust re lay workers
Other Grants
43,183
10,812
53,995
45,118
4,340
49,458
Activities for Generating Funds
Commission on photographs
13
13
114
114
2d
Trading Income
Bookstall Income
Hire of Church Buildings
134
35,367
35,501
28,047
28.047
2e
Investment Incomo
Bank Interest
2,378
1,649
3 RESOURCES EXPENDED
3a
Grants
Grants to Institutions, local and overseas
Grants to Individuals, local and overseas
29,931
11,363
41,294
23,137
11,184
34,321
3b
Lay Minrstry
Lay Workers in Aldridge
106,633
114,802
3c
Support Costs
Teaching materials, DBS checks
3,040
490
3d
Costs directly relating to the work of the Church
Parish Ministry
St. Mary the Virgin- Parish Church
St. Thomas
st. Mary's Mission Tynings
Church Centre Amortisation
General church upkeep etG.
st. Mary the Virgin- Parish Church
st. Thomas
St. Marls Mission Tynings
59.492
60,492
427
24,653
60,000
55,281
8,208
24,653
85,369
34.937
18,399
283,769
72,320
40.328
14,717
275.507
10

PAROCHIAL CHURCH COUNCIL OF ALDRIDGE
NOTES TO THE FINANCIAL STATEMENTS
continued
FOR THE YEAR ENDED 31ST DECEMBER 2024
2024
2023
3 RESOURCES EXPENDED Continued
Events and Activities
Church activities
Note: Income and expenditure are both gross in the accounts
Tynings House purchase (see note 4)
Repairs and refurbishments costs
43,853
87,514
3f
2,199
2,199
2,234
2,234
3g
Governance Costs
Independent Exarnination Costs
3,688
3,400
3h
Admlnistration
St. Mary the Virgin - Parish Church
St. Thomas
31,652
9,512
41,164
23,170
8,903
32,073
Tradlng Costs
Catering and Centre Café Costs
2,192
2,192
146
146
ASSETS AND INVESTMENTS
Fixed Assets
Church 4 Tynings
Centre '
Lane
Total
**
Cost
At 1 January 2024
Additions
At 31 December 2024
1,232,641
151.537 1.384,178
1,232.641
151,537 1,384,178
Amortisation
At 1 January 2024
Charge for year
At 31 December2024
228.969
24.653
253,622
151,537
380,506
24,653
405,159
151,537
Net Book Value
At 1 January 2024
At 31 December 2024
1,003,672
979,019
1,003,672
979,019
The ChU￿h centre was completed during 2014. The cost represents the sum expended
on construction work, consulting engineers costs and architects fees during the build.
The buildingsare being depreciated over a 50 year period.
The original cost of the freehold property at 4 Tynings Lane was £142,000 plus legal fees
which were charged to revenue. The cost was financed through a loan from The Royal Bank
of Scotland amounting to £106.500, a contribution from the Cooper & Jordan Trust of
£23.000 and church funds. Through the Lichfield Diocesan Trust Aldridge PCC retain
an 83 % interest and the Cooper & Jordan Trust a 170h interest.
During 2007 the original loan was wound up and the balance transferred to a new loan
which included an additional advance of £9537 together with a £1776 arrangement fee.
The additional advance was to assist with the refurbishments at 4 Tynings Lane and was
fully repaid during 2022.
2024
2023
Debtors
Income Tax Recoverable
Other Debtors and Prepayments
23,512
3,410
21,875
1,529

PAROCHIAL CHURCH COUNCIL OF ALDRIDGE
NOTES TO THE FINANCIAL STATEfiiENTS
continued
FOR THE YEAR ENDED 31ST DECEMBER 2024
2024
2023
LIABILITIES
Creditors
Taxation and Social security
Grants
Accruals
1,206
3,544
12,485
17,235
2,388
5,181
25,078
32,647
FUNDS
Unrestricted Funds
Parish
Church
St Thomas St Ma
s Other
Church
Mission
Totsl
General
Designated
93,450
27,858
47,018
12,678
7,000
6,206
140,192
54,018
Balance @ 31112124
93,450
74,876
19,678
6,206
194,210
Details of Designated Funds Carried Forward:
St Thomas Church
ITIAV Fund
Russell Legacy
Network Trust
Tom's Toddlers
Buildlng Fund
2,468
41,597
1.023
1,930
7,000
Tynings Lane Church
Restricted Funds
Parish
Church
st Thomas St Ma
Church
Mission
Total
Balance @ 01101124
Received in year
Allocated in Year
Transfer belween funds
1,039,666
122,569
-134,714
400
7,711
13,763
,726
620
2,282
17,273
-19,426
2,881
1,049,660
153,605
-160,867
3.901
Balance @ 31112124
1.027,921
15,368
3,009
1,046,299
12

PAROCHIAL CHURCH COUNCIL OF ALDRIDGE
NOTES TO THE FINANCIAL STATEMENTS
continued
FOR THE YEAR ENDED 31ST DECEMBER 2024
Details of Restricted Funds Carried Forward:
Parish Church
Organ Fund
Tower Fund
3,063
3,563
28.875
979.019
5,075
8.326
1.567
13.801
3,010
ChurGh Repairs
Church Centre Fund
Church Weekend Fund
other Funds
St Thomas
Mission Funds
Other Funds
House Account
Children's Worker
St Marfs Mission Tynings
1,046.299
Restricted funds are represented by-
Tangible Fixed Assets
Current Assets less Creditors
979,019
67,280
1,046,299
2024
2023
Staff Costs
Wages and Salaries
Pension Costs
Social Security costs
156,787
3,096
9,211
169,094
188,476
3.140
9,508
201.124
During the year the PCC employed five lay workers, three administrators
and playgroup workers, none of whom eamed more than £60,OOOpa.
None of these were entitled to vote at PCC meetings.
The following amounts were paid to reimburse expenses..
Rev S Doel
Rev J Morley
Rev D Sims
1,278
312
816
There were no other disclosable transa¢tions.
10
Capital Commitments
There were no capitsl commitments at the year end.
13

PAROCHIAL CHURCH COUNCIL OF ALDRIDGE
NOTES TO THE FINANCIAL STATEMENTS
continued
FOR THE YEAR ENDED 31ST DECEMBER 2024
SOFA Comparatives
Unrestricted Restricted
Fund5
Funds
TOTAL
FUNDS
Incomin
Resources
Voluntary Income
Direct Giving
Grants Received
312,283
38,058
88,757
114
31.679
11,400
343,962
49,458
88,757
114
Events & Activities
Activities for Generating Funds
Other Ordinary In¢ome
Trading Income
Investment Income
3,609
28.047
1.567
472.435
1,283
4,892
28,047
1,649
516,879
82
44.444
Resources Ex
ended
Grants for Mission
31,990
98.156
490
2,331
16.646
34,321
114,802
490
Lay Ministry
Support Costs
Costs directly relating to
the work of the church
Events and Activities
Tynings House
GovemanGe Costs
243,129
87,224
32,378
290
2,234
275,507
87.514
2,234
3.400
3,400
Church Management
and Administration
32.073
146
32.073
146
Trading Costs
Costs of Generating Funds
20
20
496.628
53,879
550,507
Net movement in funds
-24,193
-9.435
-33.628
Total Fund brought forward at 0110112023
190,827 1,060.378
1,251,005
Transfer be￿een funds
1.283
-1,283
Total Funds carried forward at 3111212023
167.717 1,049,660
1,217,377
14

PAROCHIAL CHURCH COUNCIL OF ALDRIDGE
NOTES TO THE FINANCIAL STATEMENTS
continued
FOR THE YEAR ENDED 31ST DECEMBER 2024
12
ACCOUNTING POLICIES
The nature of the charity's operations, constitution and principal activities are described on page 1.
The financial slalements have been prepared in accordance with Accounting and Reporting by Charities..
Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019. the
Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021. the Charities
Act 2011 and UK Generally Accepted Accounting Practice. The charity constitutes a public benefit entity
as defined by FRS 102.
The financial statements have been prepared lo give a'true and fairf view and have departed from the
Charities (Accounts and Reports) Regulations 2008 only to the extent required lo provide a 'lrue and fair view..
This departure ha5 involved following the Accounting and Reporting by Charities.. Stalememt of Recommended
Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Stsnd8rd
applicable in the UK and Republic of Ireland issued in October 2019 rather than the Accounting and Reporting by
Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been wthdrawn.
The financial statements are prepared on a going cOn￿M basis under the historical cost convention.
The accounts are presented in sterling. which is the functional currency of the ¢harity and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are sel out below.
These policies have been consistently applied to all years presented unless othe￿iSe ststed.
Funds
General funds represent the fvnds of the PCC that are not subject to any restrtctions regarding their use and are
available for application on general purposes of the PCC. Funds designated for a particular purpose by the PCC
are also unrestricted. The accounts include all transactions. assets and liabilities for which the PCC is responsible.
Incomin
Resources
Voluntsry income and capitsl sources
Collections are recognised when received by or on behalf of the PCC. Income lax recoverable on gift aid donations
is recognised when the income is recognised. Grants and legacles to the PCC are accour5ted for as soon as the
PCC is notified of its legal entitlement and the amount due. Funds raised by activities and events a￿ a¢counted for
gross.
Other ordinary in¢ome
Rental income from the letting of church premises is recognised when the rental is re￿ived.
Income frorn inveslJnents
Interest is accounted for when receivable.
Resources used
Grants
Grants and donations are accounted for when awarded. including Ihose Committed at the year-end.
Activities directly relating to the work of the Church
The Diocesan Parish Share (Parish Ministy) is accounted for when payable.
Fixed Assets
Consecrated land and buildings and rnovable church furnishings
Consecrated and beneficed property and furnishings are excluded from the accounts under s.10 of the Charities
Act 2011. No other items of significant value are known to be owned by the Parish.
Freehold Property
The church ￿ntre 15 beneficially owned by the PCC. Costs will be depreciated on a straight line basis over 50 years.
The freehold propety 4 Tynings Lane was purchased during 2003 is now fully depreciated.
Current Assets
Amounts owing at 31st December 2024 in respect of fees, rents or other income are shown as debtors less provision
for amounts that may Prove uncollectible. Short teTm deposits include cash held on deposit at the bank.
Related
arties
Jenny Doel, the wife of Irltstee Rev Steve Doel, was employed during the year as church lay wother in accordance
with normal prO￿dureS and pay rates. Rev Doel was not Involved in approving the temis of the appoirslment.
15