REGISTEIIED CHARITY NUMBEIt 11397N) REPORTOFTHETRus￿ AND UK4UDITEO FIPI4TrKIAL STATEMENrs FOR TrEYEAR ENDED 31 DECEMB692fr24 TrE PAROCHL4L CHURCH COUNCIL OF THE ECCLESiASTfAL PARISH OFST k14RY THEVIRGhY, HENK4M Barrow LLP Chartered A¢¢ounlants Jackson House Slalion Road Chinglord London E4 78U THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESiASTICAL PARNI OF ST KthRY THE VIRGIN, FENK4M CONTENTS OFTHE FNAKL4L STATEMENTS FOR THEYEAR ENDE031 DECEMBER2 PaeMc8 Admlnl8tratl¥e Ddd18 lkn ofth8Tru8te 2 to 4 1ndvd￿l Ext￿In*l PAPOrt Y￿1 of Fln8nclal Actlvlll81 811￿Ce Sh•8t Not8B to the ￿nanCI1 Stat￿Onts 8 to 17 THE PARWLAL CHURCH CCLINCIL OF THE ECCLESi4STICAL PARISH OF ST K4RY THE VIRGIN, HENFLAM REFERENCEANDAtXAINISTRITIVE DEfAILS FOR THEYFAR ENDED 31 DECEMBER 2024 TrUSTEES The Reverend L Wilson (Chaimanl S Hlcher (Church Warden) R Peake (Church Warden) CW*d l Brocks {s￿lary) S Tumer (Deanery Synod Rep.) A cott￿ (resigr￿* 28.2.241 M McFfederick S Wilcock D Pa*ford (Deanery Synt>J Rep.) D Ward J Bri51er R Hughe5-Penney (Treasurer) Iresign&J 20.5.241 The Revwend S Balinlon (Coopted m￿ter P Ht*5 (Treasurer) lappoinled 20.5.241 P Sluart-Robinson PRIKIPAL ADDRESS Church Office ad Fr￿kS High Street Elsenh￿Tr Herttord$hire CM22 6DD REGISTERED CHARITY NUMBER 1139750 IWENCENT EK4MINER Barrow LLP Chartered Accounlanls House Slalion Road Chlngfcid Lffidon E4 78U ADVISERS Bankers Bardays Bank Plc, LBicesler, LE87 2BB Clydesdale Bank PLCIVirgin Moneyl, 30 Vinwl Pla￿, Glasgow, G12HL S￿pIon PAJilding Soc181y, The Bailey, Sknpton, BD231 DN Investment Managers Ruffer LLP, 80 Victoria Street, London, SW1E5JL Page1 THE PAROCHL4L CHURCH COUNCIL OFTHE ECCLESLASTICAL PARISH OF ST M4RY THEVIRGIN, HENFL4M REPORT OFTHE TRUSTEES FOR TFEYEAR ENDED 31 DECEMBER2)24 The trustees present their repcrt vllh the financia statements of the tharity for the year end&J 31 D￿rnber 2024. The Iruslee8 have ath)pt&J the proiAsions of Ac(x)unling and Reporting by Charili&s'. Slaternent of Recommènded Pradice aFpluble lo Charit￿$ preparing Iheir accounts in acC￿d￿￿ with the FIna[￿la1 Retx)rting Slandard atplicable in Ihe UK and Republic of Ireland IFRS 1021 leffeclive1 January 20191. St Marls Church is &luated in Churth Slrèel, H￿harn. 11 is part of the Dirtsse of Chelmsford within the Churth of England. The 1reSwnden￿ address is Church off￿£, Okl F￿ks, High Street, Elsenham, CM22 6DD. The Parochia Churth Counal ol the Etxlesiasb'cal Parish of Sl the Virgin, Henham IPCCI is a regislered charity No1139750. PCC members who have sewj fron1 January 2024 unll the date ofthis ffjport's approval are lisl&J on the infomalion page. STRUCTURE, GOVERK4NCEAND ￿l￿GEMENT C#)vernlng docUM￿t The Trustees confirm Ihal they have referred lo the guidance contained in the Charity Commission's general guidan￿ on public benefrt when rewewro the charills arns and otr4.ects and in pl￿ning future activits'e5 and settsng policy for the y9ar. The Parochia Church cou￿1 IPCCI is a Grjrporale b¢JJy eslat4ished by the Church ol England. The PCC oterales under the PaKthlal Church Council Powers Measurè. The PCC meM￿r8 are the trusle8s. The Iruslee5 review Ihe nsks to the charity each year and milyale ￿ainSt these where ly)s￿ble induding forrnal risk assessmenl procedures lor ai S￿la1 ￿INItieS. The method ol appointrnenl of PCC members is sèl out in the Church Representation Rules. All Church attende8s are encourag lo register on Ihe Electoral Rc41 and slatKI lor eleclicfi lo the PCC. Obj￿11¥88 &)d pLtlvllle8 Sl Mary's PCC has the res￿51b111lY ol co￿￿eratIng with the incumtenl in promoting in the ecdesiaslrAI p￿sh the whole mis&on of the Churth pasl(Yal, evangdi81ic, sock?1 and ecumenical. 11 aL80 has responsilllily for th6 maInlenan￿ ol Sl Matys Churth The ncumtenls responsibilities includè the wKler benefice which, in adjits'on lo Sl Mary'5 Henham, indud8s Sl ￿tel3 Ugley and Sl Mary's Els￿haM. The PCC *ivdy works with the PCCS ol Ihese other parishes. AchS6vament8 4nd pw1onn￿ce Church attend￿cO As al 310ecemter 2024, Ihere were 82 p￿ShionerS on the Church Electoral Roll178 in 20231,125 in 20221 ol wkjm 25 were not resident within the parish. During 2024 due to re-ordering work, there were no weekly rn0m￿g seNces hdd al Sl Mary's Henh￿n. Parishioners wère enC￿raged lo atténd other sèrvices held in the Benefi￿. For the evenirrfJ service - meetings were held elsewhere in the wllage during Ihe year in a comkn'nats'on ol OSCA and aso the Henhan Ugley Sch￿1 & Comrnunily Hall. PAYI￿ ofth8ya¥ Henham PCC had nlne meèllngs dunro the year of which tsvo wwe lonl meèlngs hekl ￿th Elsenhwn aThJ Ugley PCCS to discuss b￿el￿e linatKe. Son% of the subjects discussed during the year induded:. - Saleguarding, flsk A￿sSmentS and Youlh provision, Evangelism includlng Pudding evenings, M￿S Breakfasts. Fanning & Faith, Lite Night Party, H￿harn Fair, Getting Ready for Chri51ma5 family day, Village Chri8lmas invitation deliverie5, Ouldorx Chrislrnas Carols round the tree and Easter Trail. - Remernbrance, Christmas services, Mothering Sunday, ThanksgliAng servi￿ liaison with HUSCH for Sunday @6 Servi￿8. - Parish Weekend Away Financial accounts for Henham parish and HEU Benef￿e and apFointrrEnl of Indetendenl Examiner. Staff Committe8 and Mission Commill8e reports. - Deanery and Generd Synod retorts. - Parish Share & ILqison regarding Curate posthon. - Fabric R8ordering Project lor Henham churth. Page 2 THE pARc￿lAL CHURCH COUNflL OF TFE ECCLESLASTICIL PARISH OF ST PAARY THE VIRGIN, HENHAM REPORT ¢￿THE TRUSTEES FOR TbEYEAR ENDED 31 DECEMBER2W Flnandal R￿1 Genwd fund IUnr88trtcknJ) Tota gr05s income in the Henham genwal lund amounted tr) E4,269120tJ. £3,964). Totsl expeThJilure of £1,79312023.' £1,234) resulted it? a nel income of £2,47612023.' income of £2,730) t*fore a transfer of £4,fA1612023.' £Nill to the Benefice fund. The total balan￿ carr￿d fomard was £18,53212023'. £20,662). HEU ￿efI¢81Und (Rostrlctgj) The HEU ￿er1￿ tssull for the year was a net incorne of £4,32412023 £11,934) b￿use payment of the parish share, am￿nting to £ 114,416, was pausoj bul this wa5 offsel by a drop in giving. This Iwk the balarKe catried forward al the end of the year lo £128,17112023.' £119,331). Parish share payments wwe paused in 2023 as a resutt of the ChuTch of England's deCi￿On lo pro￿￿4 with Prayers of Love and Faith. Fc41owing n930tiatK￿ with Ihe Dicrese, subiecl lo Ihe appJinlrn8nl of a curat6 to thè Benefice, paymenl of Parish Shwe will resume in 2025, Beneficew8eke￿d Away fund lR88trfct￿) The baan￿ tKoughl forward from Ihe pre￿￿8 ￿ was £1,955. Inccmè lor thè current ye¥ totall￿ £8,697, while exFenditure arnounled lo £8,501, resulting in a surpPu$ of £19512023.. surplus of £1,955). Olhwfvnd$ (PA8trlct&l End0Wm￿t) The PCC ha5 subst￿1181 olher reslrrled fvnds trom dcfialions, legac￿$ and te]uests glven ￿th varylng temis and conditions mainly for the m&nlenance ol ihe Churth buiklings and grounds. These funds are the.. Winmill fund, Bannehr fund, Fatfic fund, Overs fund, Hmt48tt fund, Childr8n and Youth Work fund, Vicarf8 DISCret￿ary fund and threè Endo*m￿nI funds. Within reStr￿ted reserves, the [￿napa1 Source ol Sncome is *acy incorne. Investrnenl income and pr￿eedS from the sale of inv8slmenls have also suppjrted the conslrudion of the n6w landmark building intended lor wiyship and ccfflrnunty use. ExFendilure on the building project, amounting lo £1,5 rnilllon lo dale, has trken capilalis&l in ￿ance with the PCC'5 w)unling pc4icy. This has conlribuled lo a r&JuctK)n in the cash balan￿ from £1.7 million to £659.6K. The lolal value ol the three ETrJcywmenl funds inueas&J by £144 from £6.1 K lo £6.2Kwhllè reslricled reseNes increased by £47K. RwfAVeB poIIcy Al the end ol the year unreglricled genera funds amounted lo £18,53212023'. £20,662), ￿$tr￿1￿ funds lo £2,474,727 12023,. £2,426,998) and 8n¢knrnnl funds lo £6,28612023'. £6,142). 11 is PCC pc4y io ensure that funds will be available lo covw future expenditure. The PCC dces not rn8inlain sp￿riC levels of reserves on the funds with the exception of the HEU Benefice FuThJ Thts is because il has sKJnificanl aclivily each year includiry P￿SIbIlitY lor pawng staff. 11 has Iheref¢Jre been deoded thal an aFpropriale re5erve5 PK)liGy for the HEU Benefice fund is a rninimum ol Iwo months, expenditure or approximal8ly £7,(MJO12023'. £23,000,) The balance on the fabricfunds is suffuenl for ￿Y foreseeable lulure repar reqUiren￿nts. C*)Ing Concwn The PCC believes il is finanaally Viab￿ for the nexl 12 mcfilhs. The HEU Benefi￿ fund balance of £128,171 f￿aInS wdl a￿ve the aFprowate level of reserves afKI Jong with Ihe unrestricted lund5 aThJ other restrict￿ funds, il is suffiaenl lor activities lo be manlained for12 m￿th8. R￿rderIng and EXte￿$10n Prolfxt Following fomal PCC approval in Novemter 2022 of a budgèt of £1.75m lor this woject, ènat41ng work commenced in earfy 2023, This work was carried out under a Leller ol Inlenl, whilst the details ol Ihe final £1,6m man contract were finaised svJned on the 6th Cktober 2023. Al the PCC meeting in January 2024 aptxoval was given for an inuease in Ihe budget lo £1.8m lo cover an increase in the contingency feserve. The taty cornplelK)n date was Autumn 2024. Work conbnu&J during 2024 and practica., ¢ornpleli)n was &thieved ￿ Monday10 Mar¢h 2025. Page 3 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESiASTICAL PARISH OF ST MARY THE VIRGIN, HENHAM REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEM8ER 2024 Approved by order of the boar ol Iiuglee on 16 Junp 2025 and signed on ils behallby.. S P**8r. Trustèe Pag8 4 INDEPENDENT EXAMINER'S IIEFCIIT TOTHE TRUSTEES OF THE PAROCHL4L CHURCH CCiINCIL OFTHE ECCLESIAsficAL PARISH OF ST MARY THE VIRGIN, HENHAM 1ndwen￿l aKwnIn￿S rwt to the trustees of The Parochlal ￿ul¢h Councll IJ The Ecdell￿tl¢I Pwlsh Of St MJY The Vlrgln, I rewrt lo the chaity Itustees on my èxamination ol the rnnts of The Parcthial Church Council Of The EccksiaslKal Parish Of Sl Mary The VirLMn, Henham Ilhe Trust) the year en￿fj 31 DecErntr*r2024. P£spon81blllt1&8 ond b8&18 of report As thè charity Irusleès of the Trust Y￿ we responsible fu the preparalKJn of the axixjnts in aLxIydan￿ with the reqviwents of the Charities Act 20111'lheAct'l. I rep)rt in respect of my exanination of the Tru8fs ar￿UnIS carned under S&thon 145 01 the Ad and in carying out rny eX￿inatiOn I have fdly•HI dl applicable Di￿lOnS given by Ihe Charity C￿mIssIon under Secticfi 14515llbl ofthe Ad. Indep0nd￿t a¥•nlnaV8 I have completed my examinati￿ l confim that no m*rial matters have corre to my thn1￿ in wfth the examination givlng cause to belwe thal in ￿Y malerid res@., axc￿n￿.ng r8cords w8r8 not kept in respect oflhe Tfust as requlred by S￿On 130 oflhe Act., or the aCr￿n15 th) not acc(xd vilh those records., OT Ihe ￿)Unts do not cornply wllh thè ap￿￿*18 requlrements conc8rnlThJ the form ￿TrIen1 of a￿Unts $81 out In the charit￿ IAcu)unts and RepJrt51 RgJulab'ons 21)J8 olher than any rwulrernenl that the accounts give a true and fair view whlth is not a matier considered as part of an indeFendenl exaMInat￿)n. I have no ccYKerns and have corne ￿rOsS no other matters in ￿neCt￿)n w￿h the examinatbjn lo Ythkth attention shcukj te drI￿n in this rep￿1 In order lo enats4e a pwr understanding oflhe Mnts lo te r￿h￿l. Gknn Armon.Jones ACA FCCA Barrvw LLP Chartered AC[￿untantS Jackson H¢￿se Slalion Road Chingr￿0 Lonth E4 78U 16 Jun8 2025 Paje 5 THE PARCThLAL CHURCH COUNCIL OF TrE ECCLESiASTICAL PARISH thc ST MIRY THE VIRGIN, HENHAM STATEMENT OF FI￿N￿LIL ACTIVITIES FOR THEYEAR EN¥ED 31 DECEMBER 2024 31.12.24 Total lunds 31.12.23 Totsl lunds Unre51rKted fund R8Strict&J funds Endowment funds Not&8 INCOME AND ￿01￿mENTs FR( D￿ationS and legaC￿S 2,362 56,505 58,867 71, ch￿t￿le ￿¥11 Fees inccffle 1,666 1,666 Investment income Other income 47,922 9,168 145 48,C67 9,409 26,299 7,734 241 Totd 113,595 145 118,OC 106,351 EXPENDITURE ON Charllable TLtlvltle8 Church repairs and maintenanc8 offi￿ ￿ hll u)st8 SeNice ¢osts Sundry costs Mission support Staff costs Depreciatm charges &Jpport costs Parish share Printing, p)St&Je slaticfiery Dc￿atIonS Governan￿ ctjsts Insurance Ughl & heat Benefice weekend away costs T8lethone 497 661 635 9,885 1,836 691 6,517 14,875 3,942 126 10,382 2,497 1,326 6,517 14,875 3,942 126 10,458 1,74B 2,552 8,858 15,484 2,576 96 16,2 714 11,475 7,485 639 2,673 10,907 2,116 714 11,475 7,485 639 2,673 10,9J7 2,116 20 2,163 2,423 4,675 8,217 Tot4 1,793 73,881 75,674 78,554 Net gainslllossgsl on inveslrnents 3,264 144 3,408 19,7441 NEf INCOD Transfers belween fund8 2,476 14,6061 42,978 4,751 45,743 18,053 12 11451 Not m0vern￿l In fund8 12,1301 47,729 144 45,743 18,053 RECONcILIAT￿N OF FUNDS Total funds brcyjghl foAvard 20,662 2,426,998 6,142 2,453,802 2,435,749 TOTAL FUNDS CARRIED FORWARD 18,532 2,474,727 6,2e6 2,499,545 2,453,802 The notes fom part oflhe8effinanclal statements Page 6 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLEsfAST￿AL PARISH OF ST MARY THE VIRGIN, HENHAM BALANCE SHEET 31 DECEMBER 2024 31.12.24 Total funds 31.12.23 Total funds Unr6slri¢ted lund Restricted lunds Endowment funds Notes FIXED ASSETS Tangibl& assets Inveybnent8 Investments Investmenl prtrpety 1,528,751 1,528.751 256, 209,288 158,979 6,286 215.574 158,979 267,699 153.436 1,897,018 6.286 1,903,304 677,385 CURRENT ASSETS Debtors Cash al bank 10 34,075 641.121 34,075 659,653 17,333 1,793,013 18.532 18,532 675,196 693,728 1,810,346 CREDITORS Arnounls lalling due ￿thIn one ￿ar 11 197,4871 (97.4871 133,9291 NET CURRENT ASSETS 18,532 577,709 S96,241 1,776,417 TOTAL ASSETS LESS CURRENT LIABIUTIES 18,532 2.474,727 6,286 2,499,545 2.453,802 NET ASSETS 18,532 2,474.727 6,286 2,49J.545 2.453,802 FUNDS UnRstrKled funds Reslricled lunds EnLIMienl lunds 12 18,532 2.474.727 6,286 20,662 2,426.998 6,142 TOTAL FUNDS 2.499,545 2,453,802 The financial $18tsments were approved by Ihe Board ol Trustees and auihorised lor i%sue on 16 June 2025 and were ggned on Ils behalf by.. S hlckner- Tru51è8 The notes fom part ol these finanaal statements Page 7 THE PAR￿lAL CHURCH COUKflL Cf THE ECCLESLISTICAL PARISH OF ST klARY THE VIRGIN, HENHAM NOTES TO THE FINANCIAL STATEMENTS FOR ThE YEAR ENDED 31 DECE￿ER 2024 ACCOUNTING POLICIES Basls of pr8parlng th8 flnanclai 8tatemwt18 The financial statements have been prepared in acc￿danCe with A[￿unting and Reporting by Charities.. Statement of ReLyjrnM￿ded Practice applicable lo charities preparing thdr aco)unls in ￿rdanTr with the Financial Reporting Stsndard aFplicab1e in the UK and Republic ol Ireland IFRS 1021 leffe¢live l January 20191-ICharilies SORP IFRS 10211, the Financial Reporting Standard applicablè in the UK Reput￿￿ of Irel￿d IFRS 1021, the Charities Act 2011 and the Chur Accounb'ng Regulations 2006, The PCC conslilules a public benefit entity as defined by FRS102. Thè financial slalemants have been prèpared to give a Iruè and fairf view and have departed from the Charities IAcLX)unts and Rèports) Regulations 2(X18 only lo the extent required lo provide a 'lrue and fair View,, Thls depatur8 has involved fdkNing the Accounting and Reportin9 by Charities.. Slalemènl of Recommended Practi￿ applicable to ch￿l￿S preparing their accounts in ar£O￿anCe with the Financia Reporting Standard applicable in the UK and Republic ol Ireland issued in October 2019 rather than the Accounting and Repc(t￿Ig by Charllies.. Statement of Recommended practi￿ effective from1 April 2005 whlch has sinc8 been W￿hd￿wn. The finandd statem8nls hav8 b88n prepared under the hislort41 cost convents'on eX￿p1 lor the valuation of inveslment a88818, which are shown al rnarkel value. The finanoal sialemenls Sndud8 all Iran8aclions, as8ets and liabilrties for whith the PCC15 responsible in law, They do nol indude th8 aC￿)unts of church gr￿p$ that owe Iheli rnan affiliation to another bojy, those that are informal gatherings ol churth rnembers. Golng concern The finanual statements have been prepar8J on a gdng wncern basis a5 the PCC merrters believe Ihal no material uncertainties èxist. The PCC Mern￿rs have considered Ihe level of funds held and the 8xp8Cted level ol income and e¥onditure lor the12 months from aulhorlsing these financial staternents. Fund8 w￿untIng Funds hekl by the PCC are.. lthr6jtrlct￿ fund8 General funds which can be used by the PCC lor ordinary purposes. Do8lgnatwJ lund8 Monies sel aside by the PCC out ol unrèslricl8d funds lor Sp￿fiC ftjture purwses or projects, There are currently no de&gnaled funds. Re8trICt￿ fund8 Incfft from trusts or endowrnents whth may be expended only on those ￿tn'¢led object5 provided in the terms of the trust Cf b8qU8sI', DOnatI￿S or grants received for a sp8afic Ob￿ or invited by the PCC for a specifiG object. The fund5 May only be expended on th8 specific object for which Ihey were given. Any balanc8 rwnalning unsFenl al the end of the year 18 carrèd fomard as the balance on that fund. Endowment fundB En¢th)wmenl lund5 the capital ol whlch musl be m?Anlained,' only Income arising Irorn the investment of the 8nd￿*Ment may be used, e ilher as restricted or unrestricted funds Wnding on th8 wrpose s81 out in the terms ol the original endowmenl. Where the PCC has not invested in a fund separately, interest i8 appcfboned lo individual lund5 on an averèje-balance basis. Inyeglmenly Investments are slated al market value at the balance Sheet date, 31st December, Gains and losses arising from movements in market values during the year are Cr&jrt￿ or tharggj lo th& Slalemenl ol FinanGial ACtiv￿lieS based on the market value al the year end. Page 8 ThE pAROCH￿L CHURCH COUKflL OF THE ECCLESLISTICAL PARISH thc ST PIIRY THE VIRGIN, HENHAM NOTES TO THE F1fr14NCiAL STATEMENTS-conlinued FOR TFEYE4R ENDED 31 DECE￿ER 2024 ACCOUNTING POLICIES- conllnu B•18 of pr6P4ring the flnanclal statements D8blor8 Trade and ther debtors a￿ recc>Jn15&J, resultlng Sn a cthing far value of£215,574 as at 31 Decemter2024. INIIESTMENT PROPER FAIR VALUE At 7 January 2024 Revaluauon 153,436 5,543 Al 31 Der£mber2024 158,979 NEf B(KX< VALUE Al 31 Dec8mbw 2024 158,979 Al 31 Dbxernber 20rJ 153,436 Fair valu8 at 31 De¢ernber 2024 15 replesenled by.. Valualion in 2023 Vauation in 2024 153,436 5,543 158,979 Page13 THE PAROCHL4L CHURCH COUNCIL CF THE E¢CLEs￿ST1cAL PARISH OF ST ￿Ry THEVIRGIN, HENHAM NOTES TO THE FItrXNCIAL STATEMENTS-conllnu&J FOR THE YEAR ENDED31 DECE￿ER2O24 INIIESTMENT PROPERTY- continugj The Chelmsford Diocèsan Board of FinwKe the title hokjer lor Henharn Stcrfes, The property is held uTraer s￿1(￿ 6 of the PCC (Powers) Measure 1956. Henham PCC are the beneficiaries of Ihls tllle also r8sponsible for the upkÉep of thè During the year, tre investment prowly w&s revalued upward by £5,543, resulting in a fair valuè of £158,979 as al 31 o￿lber 2024. 10. DEBTORS: AMOUNTS FALLING DUE WITHIN (hNEYEAR 31,12.24 31.12.23 Glft aid lax r￿Verable Other debtors prepaym￿1$ and accrued Income 1,566 32,509 978 13,949 2,406 34,075 17,333 11. CREDIT(RS., AMOUNTS FALLING DUEWITHIN 0￿E YEAR 31.12,24 31.12.23 Other crnjitiys 97,487 33,929 12. KK)VEMENT IN FUNDS Nel movement in funds Transf8r8 betseen funds Al 31.12.24 At1.1.24 Lknr881rlGlfAI fund8 Genèral fund 20,e62 2,476 14,8061 18,532 R8gtrlcl&l fund8 Mcar's Di8uetKsnary Fa￿C Weekend Away HEU 8￿ef 15,3611 11,801 1,955 119,331 198 10,000 2,278,353 11,801 11961 4,516 4,324 128,171 198 10,OLXJ 2,322,604 Pimt4ett Winmlll 38,459 5,792 2,426,998 42,978 4,751 2,474,727 End0wm￿t fund8 Ormw(MJ I￿ngton ChanrAI filhe 1,658 4,340 144 75 1381 11001 171 1,695 4,440 151 14 6,142 289 11451 6,286 TOTAL FUNDS 2,453,802 45,743 2.499,545 Page14 ThE PARCtHIAL CHURCH C(XJNCIL OF THE ECCLESIASTICAL PARISH OF ST ￿Ry THE VIRGIN, HENFL4M NOTES TO THE FITriINCiIL STATEMENTS- contInu￿1 FOR TrIE YEAR ENDED 31 DECEMBER 2024 12 K•)VEMEKf IN FUNDS- ¢ontlnu Net movement in funds, included in the above ￿e &s f￿￿￿8.. Incorning resources Resources expended Gains losses Movement in funds Unrestrlcl&l fund8 G￿er￿ fund 4,269 11,7931 2,476 R88tr1ctsd fund8 Weekend Away HEU B￿811c8 Winmill 8,696 57,499 47,41lJ 18,5011 153,1751 112,2051 195 4,324 3,264 113,595 173,8811 3,264 42,978 Endowm￿1 fund8 Omierod 'Ikinglon ChanTrl Tithe 37 1DJ 75 1LJJ 14 145 144 TOTAL FUNDS 118,009 175,6741 3,408 45,743 Compwatlveb for moV￿ent In fund8 Net movement In funds Transfers between funds Al 31.12.23 A11.1.23 Lknre8Irkt￿ fundB General fund 17,932 2,730 20,662 R#trICt￿ fund8 Mcarfs Discretionary Fabric Weekend Away HEU Benef￿* 3,777 11,637 2,438 107,387 838 1e4 14831 11,944 744 11,801 119,331 Pimblett Bannehr Wlnmill lo,￿0 471,998 1,804,227 10,000 5,770 13,6411 1477,7681 477,768 2,278,354 2,411,662 14,592 744 2,426,998 Endowment fundB Omierod Ikington Chan￿1 Tithe 2,060 3,967 128 342 373 16 17441 1,658 4,340 144 6,155 731 17441 6,142 TOTAL FUNDS 2,435,749 18,053 2,453,802 Pa3e15 THE PAROCHLAL CHURCH COUIKIL CF ThE ECCLESLASTICAL PARISH OF ST KIRY THE VIRGIN, HENHAM NOTES TO THE FI￿tr￿lIL STATEM&ITS- conllnu&l FOR TrEYEAR ENDED 31 t￿cE￿ER 2024 12. MOIIEMENT IN FUNDS-conllnuwJ Comparatlv8 n81 movement In funds, included In thè arè asfolbws.. Inccffling r8￿r¢￿$ Re90urces expendbj Gains and lossès Movement in funds Unr68trlctpAI funde Genera fund 3,964 11,2341 2,730 R68tr1ct&l fund8 Vi¢arf8 DI$￿110nary Fabr Weekend Away HEU Benefice Bannehr Winmill 3,OQK) 164 7,734 65,775 12,1621 838 18,2171 153,8311 14831 11,944 5,770 13,6411 5,770 116,0461 25,715 113,3101 11r2,388 177,5201 110,2761 14,592 Endowment fund8 Ormerod Hlkinglijn Chancel Tithe 143 373 16 342 373 16 2W 532 731 TOTAL FUNDS 106,351 178,5541 19,7441 18,053 G￿er81 fund.. Unrestrlctad lund8- held for thè ordinary purp)ses ol the PCC. RaBtrlctad funds: HEU b8n8flca fund - Funds held for the & expendiiure relating lo the joint benefice, F4)rl¢ fund - Funds held for the general mainlenance of the fabrtc &)d luffllshlngs of the church. 8￿8￿ce we8k6nd fund - Funds held for wrp)ses of Èenefice retreats fund - Funds held for the upkeep of the graves ol the Overs lanlly. Ilmblott fund - Funds hèld forlhe rep2ir ol the graveyard wall. VlcarfB d18cretlonary fund - Funds held for the aslslance of needy parishloner8, Imnmlll fund - Funds held lorlhe generd Maintenan￿ of the fabric and fumi5hings ol the ¢hur¢h, Bannthr fund- Fund5 held for the general manlenance ol the fabric and fumishings of the church. Endowment fundi: Ctymerod fund - Funds held for the general rnaintenance ol the churthyard. Fllklnglon fund Funds held for the upke8p of the graves of George PIl￿ng1[￿ and hls wrfe. Ch￿C￿ fithefund - Fund5 held for chan￿1 repairs and inSur￿ce of the thurch. - transf8rs were made from the unreslrirAed genwal tund lo th8 reslrict8d funds and en¢knvm8nts fund as a grant. Page16 THE PARC¢HIAL CHURCH COUKIL ¢%TTrE ECCLES￿871&lL PARk8H ￿ ST MARY THE VIRGIN, H&WAM NOTES TO TrE FI￿￿LIL STATrAEKfs-contlnu•J FOR TFE YEAR ENDED 31 DECE￿ER 13. RELATED PARfrf DISCLOSURES There were no disdosable IransactK)ns in res￿ of PCC memters, nLY p￿sOn8 closely l￿nn￿l with Ihem, other rdated parties. Page17