THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIAsfIcAL PARISH OF sr ANDREW'S CHURCH OF ENGLAND, sfARBECK IN THE DIOCESE OF LEEDS (registered charity no. 1139696) St Andrews Church LOVING + GROWING ANNUAL REPORT AND FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 HPH Chartered Accountants 54 Bootham YORK Y030 7XZ
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW'S CHURCH OF ENGLAND, STARBECK IN THE DIOCESE OF LEEDS ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2024 CONTENTS Pagels) Annual Report of the ParcKhial Church Council Ito6 Independent Examinerfs Report Statement of Finanaal Attivities Balan Sheet Notes to the Financial Statements IOto17
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW'S CHURCH OF ENGLAND, sfARBECK IN THE DIOCESE OF RIPON AND LEEDS ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2024 The Parochial Church Council (PCC) has pleasure in presenting its Report tcgether with the Financial statements for the year ended 31 December 2024. The financial statements have been prepared in accordance with the accounting pjlicies set out in the notes to the financial statements and compty with the Charity's governing document, the Charities Act 2011, Accounting and Reporting by Charities: Ststement of Recommended practi applicable to charities preparing their financial statements in accordan with the Finanaal Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019), the Financial Rep)rting Standard applicable in the United Kingdom and Republic of Iland (FRS 102), and UK Generally Accepted Practice as it applies from I January 2019. The financial statements have been prepared to give a 'true and fair, view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair view,. This departure has involved following the relevant version of the Ststement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) ratherthan the Accounb'ng and Reporting by Charities: Statement of Recommendexj practi effective from l April 2005 which has Sin been witMrawn. The PCC is a Public Benefit Entity. Aim and Pur St Andrew's Parochial Church Council (PCC) has the responsibility of cooperating with the incumbent, the Reverend Phil Carman, in promoting in the ecdesiastical parish, the whole mission of the Church, pastoral, evangelistic, social, and ecumenical. The PCC is also speafically responsible for the maintenance of the Church building, the Welcome Centre, and the Church Halls. Ob"ectives and Activities The PCC is committed to enabling as many people as Fossible to worship at our church and to become part of the parish community. The PCC maintains an overview of worship and makes suggestions on how our servi5 can involve the many groups that live within the parish. Our services and worship put faith into practice through prayer, scripture, music, and sacrament. We also endeavour to seNe the wider community, a5 another part of what Gcd in His love calls us to. When planning the activities for the year, the incumbent and the PCC have considered the Charity Commission's guidan on public benefit, and particularly the specific guidan on charities for the advanrnent of religion. As a big part of what we do is enable people to live out their faith as part of our parish community through: Worship and prayer, learning about the Gospel arKJ developing their knowledge and trust in Je5U5. Provision of pastoral care for people living in the parish. Missionary and outreach wor St Andrew's Church ha5 the privilege of being in and Seing the community of Starbeck, providing spiritual SUPPOrt, funerals, baptisms, weddings, praying and offering the Church's facilities wherever possible. To facilitate this work, it is important that we maintsin the fabric of the Church, the Welcome Centre, and Church Halls.
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW'S CHURCH OF ENGLAND, sfARBECK IN THE DIOCESE OF RIPON AND LEEDS ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2024 (CONTINUED) Achievements and Performance The varied church activities have enabled people of all ages to gain social and spirttual benefits. Our usual activities happened in 2024 with some activities also happening online as a legacy of the lockdowns of previous years. Attivities include a twi weekly parent and toddler group, a weekly social group for the elderly and vulnerable. A weekly group for adults with special needs and visits to Ic(al care homes. Children and Youth groups have run as part of our Sunday senilS with mIdwk groups also starting during this year. At the end of 2024 there were 119 people on the Church electoral roll. We believe that our overall weekly services engagement including online participants was approximately 119. As well as our regular servIs, we enable our community to lebrate and thank Gc(l at the milestones of the journey through life. Through baptism we thank God for the gift of life, in marriage public vows are exchanged wtth God's blessing and through funeral ServIS friends and family express their grief and give thanks for the life of their loved one and to commend the person into GoJ'5 keeping. Church Membership All are welcome to attend our regular services. The total number on the elettoral roll was 119, of which 46 % are from outside the parish. The number of people removed from the roll this year due to death or moving to another church was 3 and 2 new nEmbers were added. Maintenan maintenan of the Church and halls has been carried out throughout the year. This has induded essential servicing and safety checks. other Church Activities Details of all other church attivities and groups, and more detailed commentaries on the aty)ve activitie5, are contained in a separate Annual Report prc(luced for the Annual Parochial Church Meeting. Reserves Poli The PCC'S wlicy is to maintsin a balan, representing approximately two and half months, general running expenses, on free unrestricted funds to cover emergency situations that may arise from time to time. The balan on free reserves was £40,350 (2023 - £40,778). Fr resee5 are unrestritted general funds at the year end, excluding funds invested in fed assets and capital commitments. This is above the Church's target of £30,000. Financial Review The year ended with the church making a surplus of £14,572. The main asOn for this was a deliberate policy adopted by the PCC of underpaying the Parish Share by 10 % (£8,563) over the year to help build up funds towards replacing the church fire alarm system in early 2025. The church also benefited from the receipt of several grants totalling just over £7,000. Overall income from all SoUrS decreased by just £39 in 2024, but all forms of regular income were up by a total of £18,628, whilst on-off items were down by £18,667. Total donations and giwng (excluding grants) were down £4,924 but regular giving wa5 up £11,178. If the effect of a one-off donation of £15,000 in 2023 is removed, then overall donations are up by £10,076 in 2024. The increase in regular gift aidal donations meant that tsx recovered from HMRC increased by £1,372
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW'S CHURCH OF ENGLAND, sfARBECK IN THE DIOCESE OF RIPON AND LEEDS ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2024 (CONTINUED) Financial Review - continued to £20,394 in 2024. Income from hall lettings continues to be increasingty important. It represented over 210/0 of all income in 2024 increasing from 19 % in 2023. Revenue increased by £3,975 in 2024 to £34,573. The increase in halls income was helped by the release of £2,255 back into revenue. This was revenue prudently put to one side as a provision against debtors who We considered unreliable or doubtful. The release of these funds back into revenue refletts the positive result of all the hard work put into recovering old debt which had accumulated because of difficulties encountered during the CovK119 epidemic. Going forwards, credit control activities ensure that old debt is being kept to a minimum. During 2024 debt older than 120 days has fallen by £2,855 to £1,390, a historically low value. A further £2388 of 2023's income was also a one-off event relating to an insurance claim, so taking this together with the £15,000 one off donation, income in 2024 is up, overall, by £12,424. Although one-off major and other repair costs were down considerably by £16,221 against 2023, we did carry out some smaller, but necessary projects. In the halls all the fire dcors were re-furbished to bring them back up to current fire regulation standard5 at a cost of £3,000. Fortunately, £2,000 of this cost was met from grants. The Welcome Centre suffered considerable damage due to an unprecedented torrential rainstorm. All the costs were, however, recovered via an Insuran daim of just over £5,400 and these are netted off in the Church Major Repairs figUS. Overall, our regular expenditure increased by just £1,237 (Ioh). However, we had lower general regular maintenance costs. Within this figure, we have committed £3,005 additional funds to Children's and Youth Work. Heating costs (our single largest item of expenditure after parish share) increased by £3,371 or 580/0 in 2024 to £9,233. Gas costs remain a major volatile item of expenditure, whilst power expenditure has at least stabilised during the year. In the light of such increased energy costs pressures and the expectation that we will need to carry out necessary repairs and Maintenan work, the PCC continued its policy of underpaying the parish share to ensure we could meet those commitments - including building up a small reserve to fund the replacement of the fire alarm system in 2025. However, the PCC repeated lasts years attion and paid an extra contribution in December of £6,000, bringing our total payment to £78,000, or % of the requested sum of £86,563. The church also had its Quinquennial survey carried out in 2024 tojether with a similar report for out halls buildings at a cost of £3,000. Although our buildings are basically sound for their age, the surveys pointed out several areas where a prJraM of repairs are recommend8J. These repairs, particularly conrn the roofs and pointing for several aaS of both buildings. This will result in several projects over coming years to ensure the stonework and roofing for both buildings are Secure and fit for purpose. Combined with these necessary repairs, the church is also considering how it can meet carbon neutral targets over coming years which will involve further considerable capital outlay. Therefore, Iking forwards to our predittions for 2025, the PCC plan to continue its policy of budgeting to pay at least 80 % of the Parish Share, and make additional payments if fiscal circumstances suggest it is prudent to do so. In this way the PCC will continue to balance day-to-day income and expenditure whilst at the same time being prepared to deal with exgent financial arCuMstan5 as they occur. We would like to thank all the 83 volunteers who work 50 hard to make St Andrew's Church the lively and vibrant community it is.
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW'S CHURCH OF ENGLAND, sfARBECK IN THE DIOCESE OF RIPON AND LEEDS ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2024 (CONTINUED) Structure Govemance and Mana ement The PCC is a corwrate body established by the Church of England. The PCC operates under the Parochial Church Counal Powers Measure and is a Registered Charity. The method of appointment of PCC members is set out in the Church Representation Rules. At St Andrew's the membership of the PCC consists of the incumbent (our vicar), churchwardens, the curate and members elected by those members of the congregation who are on the electoral roll of the church. All those who attend our services / members of the congregation are encouraged to register on the Electoral Roll and stand for election to the PCC. The PCC members are responsible for making decisions on all matter5 of general concern and importance to the Parish including deciding on how the funds of the PCC are to be spent. The full PCC met six times during the year. The PCC discussed a wide range of matters during the year to take forward the life and worship of the Church. Finan was disoJssed at every meeting with major ttems being fabric repairs and maintenan, funding of mission partners, allc(ation of donations and equipment purchases. Given its wide responsibilities, the PCC has several sub committees each dealing with a particular aspect of parish life. The other Committees and Working Groups met between the PCC mtings and their deliberations were reported back to the full PCC and disCUS5ed where nesary. C(Fopted members are allowed on these committs. The Church employs two part time administrators who work from the Church offi. Standing Committee This is the only committee reNuired by law. It has the power to transact the business of the PCC betmeen meetings, subject to any direttions given by the council. Mission Group This group is responsible for making the congregation and PCC aware of both home and overseas mission opportunities and missionaries who need our support both financially and prayerfully. The group guides the PCC in deciding where our annual mission giving budget should be spent. In addition, the group is responsible for looking at and developing ways for the whole of the congregation to engage with the local community of Starbeck. Children and Youth Group This group has overall responsibility for guiding the vision for our work with Children and Young People. Small Groups This group is responsible for encouraging small group enablers to fulfil their roles in finding suitable materials for their groups to study, to encourage pastoral care in the small groups and to enable the all(tiOn of church members to the most suitable groups. Welcome Group This group is spOnSible for providing direction to the Sunday welcome teams.
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW'S CHURCH OF ENGLAND, sfARBECK IN THE DIOCESE OF RIPON AND LEEDS ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2024 (CONTINUED) Administrative Information St Andrew's Church 15 Sltuated on the High Street in Starbeck, and the Corresponden addre55 is St Andrew's Church, Starbeck, Harro3ate HG2 7JE. The church ofFice telephone number is 01423 889162. St Andrew s Church 15 in the Harrogate Deanery which is part of the Ripon Episcopal area in the Diocese of Leeds. PCC members who have served from l January 2024 or date of appointment if later, until the date this report was approved, or date of retiremenvresignation if earlier are: Ex Officio Members Rev. Phil Carman Appointed September 2016 Incumbent and Chairman David Leonard Elected APCM 2018 Elected AVM October 2020 Resigned 271412022 Appointed 271412022 Acting from 110112022 Reader Church Warden PCC Temporary Treasurer Deanery Synod resentative Elected Members Mick Leach Appointed AVM 271412022 Elected member 191512021 ointed 191512021 Appointed APCM 2018- 171412024 ointed 2021 Reappointed APCM 2022 Resi ned 1810312024 Appointed 2022 Church Warden Williams Dianne Sanderson PCC Secreia PCC member & Standing Committee PCC member PCC member Adam Hawkes Sheila Manning Samuel Colbourn Leach PCC member Deanery Synod resentative PCC member Xanthi Ferguson Alison Hobbs Appointed 2022 Appointed 2022 Resi ned 1810712024 ointed 2022 ointed 2022 ointed 2022 Appointed 310812022 Appointed APCM 1714124 Appointed 1919124 PCC member Janet Jackson Jill Cook Rob Williams Colin Hancox Samantha Ainsworth PCC member PCC member PCC member PCC member PCC member Standing Committee member PCC member Joy Richards Appointed APCM 1714124 AVM=Annual Vestry M&ting; APCM=Annual Parhla1 Churth M&ting
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW'S CHURCH OF ENGLAND, sfARBECK IN THE DIOCESE OF RIPON AND LEEDS ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2024 (CONTINUED) Administrative Information - continued Bankers: CAF Bank Kings Hill West Malling KE ME19 4TA Independent Examiner: S. B. Wearing, FCA, Dcha HPH, Chartered Accountants 54 Bootham YORK Y030 7XZ Law applicable to charities in England and Wales and guidan issued by the Central Board of Finance of the Church of England require the members of the Parcthial Church Council to prepare financial statements which give a true and fair view of the Parcthial Churth Council's financial activities during the year. In preparing financial statements giving a true and fair view, the members of the Parochial Church Council should follow best practi and: selett suitable accounting policies and then apply them consistently. make judgements and estimates that are reasonable and prudent. state whether the Church guidan, applicable accounting standards and statements of recommended prattice have been followed, subjett to any material departures disclosed and explained in the financial Statements. prepare the financial statements on the going conrn basis unless it is inappropriate to presume that the Parochial Church Counol will continue in operation. The members of the Parochial Church Council are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Par¢xhial Church Council and enable them to ensure that the financial ststements comply with the Church Accounting Regulations 2006 and the Charities Act 2011. They are a150 responsible for safeguarding the assets of the Parochial Church Council and hen for taking reasonable steps for the preiention and detection of fraud and other irregularities. Approved by the PCC on 21 May 2025 and signed on its behalf by: Rev Phil Carman (Chairman) David Leonard reasUrer)
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIATICAL PARISH OF sr ANDREW'S CHURCH OF ENGLAND, STARBECK IN THE DIOCESE OF LEEDS I report to the Trustees on my examination of the finanaal statements of The Parochial Church Council of the Ecdesiastical Parish of St Andrew's Church of England, Starbed( in the Diocese of Leeds C'the PCC,? for the year ended 31 December 2024, which are set out on pages 8 to 16. This report is made solely to the PCC'S trustees, as a bcKly, in accordance with Section 154 of the Charities Act 2011. My independent examination work has bn undertaken so that I might state to the PCC'S trustees those matters I am required to state to them in an Indendent Examiner's Report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the PCC and the PCCS trust&s as a ty)dy for my independent examination worK for this repK)rt, or for the opinions I have formed. Responsibilities and basis of port As the charity trustees of the PCC you are reSPM)nsible for the preparation of the financial statements in accordantr with the requirements of the Charities Att 2011 Cthe Ad) and the Church Accounting Regulations 2006 Cthe regulations?. I report in respect of my examinat]'on of the PCC s financial statements carried out under section 145 of the 2011 Att and in carrying out my examination I have followed all the applicable Direttions given by the Charity Commission under section 145(5)(b) of the Act. My examination was also carried out in accordan with terms found in the current Church guidance issued by the Finan Division of the Archbishops, Council. Independent examinerfs ststement 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 respett: l. accounting records were not kept in respect of the PCC as required by section 130 of the Att; or 2. the financial statements do not accord with those records; or 3. the financial statements do not comply with the applicable requirements concerning the form and content of financial ststements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial ststements 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 financial statements to be reached. HPH, Chartered Accountants 54 Bootham YORK Y030 7Y2 Sarah Wearing FCA, DChA 21 May 2025
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW'S CHURCH OF ENGLAND, STARBECK IN THE DIOCESE OF LEEDS srATEMENT OF FINANCIAL AcrivrrIES FOR YEAR ENDED 31 DECEMBER 2024 Unrestricted Restricted Funds Funds Note Total Funds 2024 2023 Income and endowments from: Donations and legacies other trading activities Investments Church activities 2(a) 2(b) 2(c) 2(d) 113,597 34,573 293 7,565 5,120 118,717 34,573 293 7,565 126,207 30,598 257 4,125 Total income 156,028 5,120 161,148 161,187 Expenditure on: Church activities 143,456 3,120 146,576 161,588 Total expenditure 143,456 3,120 146,576 161,588 Net income/(expenditure) Net movement in funds 12,572 12,572 2,000 2,000 14,572 14,572 (401) (401) Reconciliation of funds: Transfers betWn funds Total funds brought forward (1,000) 540,778 1,000 540,778 541,179 Total funds carried forward £ 552,350 3,000 £ 555,350 £ 540,778 The notes on pages 10 to 17 form part of these accounts.
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW'S CHURCH OF ENGLAND, STARBECK IN THE DIOCESE OF LEEDS BALANCE SHEEf AS AT 31 DECEMBER 2024 Unrestricted Restricted Funds Funds Total 2024 2023 Note Fixed Assets Tangible assets 500,000 500,000 500,000 Total Fixed Assets 500,000 500,000 500,000 Current Assets Debtors Cash at bank 13,137 46,286 13,137 49,324 11,459 38,014 3,038 Total Current Assets Liabilities Creditors: amounts falling due within one year 59,423 3,038 62,461 49,473 7,073 38 7,111 8,695 Total current liabilities 7,073 52,350 38 7,111 55,350 8,695 40,778 Net Current Assets 3,000 Total assets less current liabilities 552,350 3,000 555,350 540,778 Total Net Assets 552,350 3,000 555,350 540,778 Parish Funds Unrestricted funds designated undesignated Restricted funds 12,000 540,350 12,000 540,350 3,000 540,778 3,000 Total Charity Funds 552,350 3,000 555,350 540,778 Approved by the Parochial Church Council on 21 May 2025 and signed on its behalf by: Revd Phil Carman (PCC Chairman) David Leonard (Treasurer) The notes on pages 10 to 17 form part of these accounts.
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIAsfIcAL PARISH OF ST ANDREW'S CHURCH OF ENGLAND, STARBECK IN THE DIOCESE OF LEEDS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 ACCOUNTING POLICIES The financial statements have bn prepared in accordance with the relevant version of the Statement of RecommeThJed Prattl applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally ACpted Accounting Practice. The financial statements have bn prepared to give a 'true and fairf view and have departed from the Charities (Accounts and Reports) Regulations 2008 On to the extent required to provide a 'true and fair view,. This departure has involved following the relevant version of the Statement of Recommended Practi applicable to charities preparing their accounts in accordance with the Finanaal Reporting Stsndard appliGible in the UK and Republic of Ireland (FRS 102) rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from l April 2005 which has since bn withdrawn. The financial ststements 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 churth members. The PCC is a public benefrt entity. Fund Accounting Unrestricted Funds are income funds which are to be spent on the PCC'S general pUrseS. Designated funds are general funds set aside by the PCC for use in the future. Project funds are designated for particular projetts for administration purposes only. Funds designated as invested in fixed assets for the PCC'S own use are abated in line with those assets, annual depreciation charges in the SOFA, where applicable. Designated funds remain unrestricted and the PCC will move any surplus to other general funds. Restricted Funds comprise (a) income from endowments which is to be expended only on the restricted purposes intended by the donor, and (b) venue donations or grants for a specific PCC attivity intended by the donor. Where these funds have unspent balance5, interest on their pooled investment is apportioned to the individual funds on an average balan basis, where applicable. 10
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIAsfIcAL PARISH OF ST ANDREW'S CHURCH OF ENGLAND, STARBECK IN THE DIOCESE OF LEEDS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 ACCOUNTING POLICIES (continued) Income ognitiOn All income is recoJnised On the PCC has entitlement to the income, there is sufficient rtainty of receipt and so it is probable that the income will be received, and the amount of income receivable Gan be measured reliably. Planned giving, collections and donations are recognised when received. Tax refunds are recognised when the income to which they relate is received. Grants and legacies are accounted for when the PCC is legally entitled to the amounts due. Dividends and interest are accounted for when receivable. All other income 15 recogni5ed when it is receivable. Amounts received specifically for mission are dealt with as restricted funds. All income is accounted for gross. Expenditure recognition Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the PCC to that expenditure, it is probable that settlement will be required and the amount of obligation can be measured reliably. Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or construttive obligation on the PCC. The diocesan parish assessment is accounted for when due. All other expenditure is generally recc#Jnised when it is incurred and is accounted for gross. Fixed assets Consecrated and benefice property is not Includ in the financial statements in accordance with section 10 (2) (a) of the Charities Att 2011. Movable 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 at any reasonable time. All expenditure incurred during the year on consecrated or benefice buildings and movable church furnishings, whether Maintenan or improvement, is written off. Other land and buildings held on behalf of the PCC for tts own purposes are valued at market value. No depreciation is charged against such properties as they are regularly maintained to such an ¢ that their estimated economic lives and residual values are such that their depreciation is insignificant. At each year end an assessment is carrieyj out to artain whether there is any indication that the properties should be written down (i.e. whether its carrying amount is more than ts recoverable amount). If there is no indication that a property should be written down, it is not necessary to estimate the recoverable amount. Equipment used within the church premises is depreciated on a straight-line basis over its estimated useful life of 4 years. Individual items of equipment with a purchase price of £1,000 or less are written off in the period in which the asset is acquired.
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIAsfIcAL PARISH OF ST ANDREW'S CHURCH OF ENGLAND, STARBECK IN THE DIOCESE OF LEEDS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 ACCOUNTING POLICIES (continued) Investments Investments are stated at market value at the balan sheet date. The Statement of Financial Activities indudes the net gains and losses arising on revaluation at the year end and disposals throughout the year. Cash at bank Cash at bank and cash in hand includes cash and any short-term dep)sit accounts wrth a maturity of thr months or less from the date of opening. Debtors Amounts owing to the PCC at 31 December in respect of fs, rents or other income are shown as debtors less any provision for amounts that may prove uncollectsble. Creditors and provisions Creditors and provisions are reccgnised where the Charty has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their setdement amount after allowing for any trade discounts due. Operating lease agreements Rentsls applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against income on a straight-line bas15 over the pericNJ of the lease. Irrecoverable Value Added Tax The PCC is not registered for Value Added Tax (VAT) and accordingly expenditure is shown gross of irrecoverable VAT. The VAT incurred from time to time on certain fabric repair and maintenantr expenditure can, however, be recoverexl under the Listed Places of Worship Grant Scheme. Going Conrn The PCC has cash resour5 and has no requirement for extemal funding for its day to day operations. The PCC has a reasonable expectation that the church has adequate reSoUrS to continue in operational existen for the foreseeable future. The PCC continues to believe the going conrn basis of accounting is appropriate in preparing the financial ststements. Taxation The PCC is exempt from tsxation on its income and gains under sections 521 to 536 of the Income Tax Act 2007 (A 2007) and settion 256 of the Taxation of Capital Gains Tax Act 1992 CGA 1992) respectively. 12
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW'S CHURCH OF ENGLAND, STARBECK IN THE DIOCESE OF LEEDS NOTES TO THE ACCOUNTS- 31 DECEMBER 2024 (CONTINUED) Unrestricted Funds Restricted Funds Totsl Funds 2024 2023 2. Income 2(a) Donations and legacies Planned giving: Gift Aid Gift aid recovered Planned giving: Non Gift Aid Collections (open plate) Donations Grants Other income 79,927 20,394 4,635 4,147 2,463 2,031 79,927 20,394 4,635 4,147 2,583 7,031 70,924 19,022 5,308 2,672 18,685 7,208 2,388 120 5,000 113,597 5,120 118,717 126,207 2(b) Other trading artivities Narthex/Welcome Centre Church and church hall lettings other income 60 34,513 60 34,513 750 29,848 34,573 34,573 30,598 2(c) Investments Interest 293 293 257 293 293 257 2{d) Church activities Family spot Parochial fees 1,828 5,737 1,828 5,737 1,533 2,592 7,565 7,565 4,125 Total income 156,028 5,120 161,148 161,187 In 2023 £5,591 of donations were restricted. The Church benefits greatly from the involvement and support of its volunteers. In accordance with FRS 102 and the Charities SORP FRS 102, the economic contribution of general volUntrS is not recognised in the accounts. 13
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW'S CHURCH OF ENGLAND, sfARBECK IN THE DIOCESE OF LEEDS NOTES TO THE ACCOUNTS- 31 DECEMBER 2024 (CONTINUED) Unrestricted Funds Restricted Funds Total Funds 2024 2023 3 Church Activities Missionary and charitable giving Home mission 3,500 3,500 3,500 Ministry: Diocesan parish share Children and young people Other Church running costs Church running maintenance Church major repairs and projects Upkp of services Support costs DepreciationlRevaluation Church Hall running costs Church Hall major repairs Church Hall running maintenance Wages and honoraria Church administrator salary Administration Bank charges and credit f Fee5 Independent examinerfs f 78,000 3,005 327 22,928 4,526 4,273 1,591 1,584 78,000 3,005 397 22,928 4,526 4,273 1,591 1,584 77,229 70 270 20,832 10,327 24,332 1,277 3,483 851 4,181 4,260 1,500 165 4,978 8,630 1,558 80 1,363 1,188 4,260 4,500 165 4,978 8,630 1,608 80 1,363 1,188 3,000 1,294 3,011 7,745 1,994 72 230 960 50 Total expenditure 143,456 3,120 146,576 161,588 In 2023 £19,738 expenditure related to the restricted fund. 4{a) Staff Costs Wages and salaries 11,002 9,743 During the year the PCC employed an Administrator and an Assistant Administrator. Together these employees equate to le55 than two full time employ (2023 - 2). No employee earned more than £60,000 per annum (2023 - none). The PCC considers its key management personnel to comprise only of the Trustees, who receive no remuneration in their capacity as trUSts. 4{b) Payments to PCC membersltrustees Four trustees were paid a total of £700 for services rendered to PCC for verging (2023: £450 for services by two trustee.) No memberltrustee was paid for expenses (2023: £nil.) One trustee received remuneration of £3,402 (2023: £2,111) for church administration services. No other memberltrustee had any personal interest in any contract or transaction entered into by the PCC during the year. There were no outstanding balances at the year end (2023 - Nil). 5. Transactions with related parties There were no related party tran5attions during the year. 14
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIAsfIcAL PARISH OF ST ANDREW'S CHURCH OF ENGLAND, STARBECK IN THE DIOCESE OF LEEDS NOTES TO THE ACCOUNTS- 31 DECEMBER 2024 (CONTINUED) 6. Fixed Assets Freehold land & Church buildings equipment Tangible fixed assets (all unrestrictej) Total Cost or valuation At l January 2024 Additions 500,000 16,926 516,926 At 31 December 2024 500,000 16,926 516,926 Depreciation At l January 2024 Charge for the year At 31 December 2024 16,926 16,926 16,926 16,926 At 31 December 2024 500,000 500,000 At 31 December 2023 500,000 500,000 The Church Halls are a fixed asset of the PCC held for continuing use in its work. They are valued at their estimated value in use by the PCC. As at 31 December 2024 this was estimated at £500,000 their current insurance value. Moveable church furnishings are vested under special trust to the Church Wardens and they can not be disposed of without a faculty. A% such they are regarded as inalienable property. These a55ets are detailed in the inventory. 2024 2023 7. Debtors Tax recoverable Other debtors 10,954 2,183 13,137 9,204 2,255 11,459 All debtors relate to the unrestricted fund. unstrICted Restricted Funds Funds 2024 2023 8. Creditors Amounts fa//ing due within one year Accruals for utility and other costs Taxation and social security Other creditors 3,169 38 3,207 3,364 133 5,198 8,695 3,904 7,073 3,904 7,111 38 In 2023, all creditors related to the unrestricted fund. 15
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIAsfIcAL PARISH OF ST ANDREW'S CHURCH OF ENGLAND, STARBECK IN THE DIOCESE OF LEEDS NOTES TO THE ACCOUNTS- 31 DECEMBER 2024 (CONTINUED) 9. Parish Funds Brought Forward 0110112024 Carried Forward 3110112024 Income Expenditure Transfers Unrestricted Funds Free reserves Designated 540,778 156,028 (143,456) (13,000) 12,000 540,350 12,000 540,778 156,028 (143,456) (1,000) 552,350 Restricted Funds Repair fund Leaving gift collection 5,000 120 (3,000) (120) 1,000 3,000 5,120 (3,120) 1,000 3,000 To131 funds 540,778 161,148 (146,576) 555,350 Brought Forward 0110112023 Carried Forward 3110112023 Income Expenditure Transfers Unrestricted Funds Free reserves 535,637 155,596 (141,850) (8,605) 540,778 Restrirted Funds Repair fund 5,542 5,591 (19,738) 8,605 Total funds 541,179 161,187 161,588 540,778 Repair fund From time to time restricted fvnd5 are held which relate to donations received and expenditure for specific repairs required to the buildings and fixed asset addition5. Collections Monies received for leaving gift tksignated funds The church committed funds in respect of replacing the church fire alarm system. 16
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIAsfIcAL PARISH OF ST ANDREW'S CHURCH OF ENGLAND, STARBECK IN THE DIOCESE OF LEEDS NOTES TO THE AccouKfs- 31 DECEMBER 2024 (CONTINUED) 10. Analysis of net assets by fund Unrestricted Restricted Funds Funds Currentyear 2024 Tangible fixed assets Current assets abilities Amounts falling due within one year 500,000 59,423 500,000 62,461 3,038 (7,073) (38) (7,111) 552,350 3,000 555,350 Unrestricted Restricted Funds Funds Comparative year 2023 Tangible fixed assets Current assets abi/ities Amounts falling due within one year 500,000 49,473 500,000 49,473 (8,695) (8,695) 540,778 540,778 17