PARISH OF ALL SAINTS, WELLINGTON WITH EYTON DIOCESE OF LICHFIELD- CHURCH OF ENGLAND ANNUAL REPORT AND STATUTORY FINANCIAL STATEMENTS OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31" DECEMBER 2024 Cliority regisirulloii number 1140711 DIOCESE OF LICHFIELD Ir Come follow Christ in the footsteps of St Chad Parfsh of All Salnts, Wellington With Eyton Index to the Statutory Financial Ststernents For the year Ended 31 December 2024 Trustees Annual Report 1 to 6 Independent Examiners Report Stslemenl of Financial Activities Balance Sheet Notes 10 10 21 All Saints and Sl Catherine's 22 Summary of Mission Giving 23 Calculation of Mission Tithe 24 Notes 1 An independent examination of the Slalutory Financial Statements has been carried out by LDBF and their report is enclosed with these Statements on page 7. 2 Pages 22 to 24 are not part of the Statutory Financial Statements and are shown for information purposes only. 3 A full sel of the Annual Report and Statutory Financial Statements for the year lo 31 st December 2024 has been displayed on the Church notice board and is available for inspection 8t the Annual Parochial Church Meeting. ',CH-,iEI_D 1001s*e:J4 af Sl The Parochial Church Gouncil of All Saints. Wellirigton with St Catherine's, Eyton Trustees, Annual Report tor the year ended 3151 December 2024 Chaiity rwi&Er471ion iiijnitser.. tt411711 Objectives and Activities lhe Paro¢hial_hurch Council OT All S#ii)1s We514ngLan ivilh Si Catheriik s. Eylo-, Ilhe PCCI liag Ihe rcsponsibilily OT co-op¢r¥iirtg Lwlh Ihe IncumLeiil. ',hL ReYer&nd firii Carter. Iii oroil?Oling In 'liè ChLrtli p3slorHI. e'43ry*ic31. $ocilE l. ¥nJ The PCC is comillilled to viiabliiig 35 Inaip y people possible io worship ai our rJ￿rcI7 afjd LO e¢oni¢ pai,. al ttLir ijarisli coniniuii..ly Ttie PCC iyaiiiiaints an of vic?rs*ip lh1u￿'g￿0ut the pari$h and niakes Suggtslioris on ho￿. our servicés tyln Introiiie Ihe m$iiy giOiJP 31n7 ID rea¢* nDn ehiJrcheO memD*rs DI Ihts cutnrhiufiilv Public Ber.efit The IrJi S&¢es Of Ihe PCC aic 34I31e ol Ihe ChariLI ComTriss.'oii s guidanoJ on publii benelit In Tl..e Atlv311Cé471eni o.. Relwion tr th£ Puoll. 8Liiiefil •no h¥ve had regard io It In their Ine Chaiil j Ifu$iee$ Delieiie Ihal. by pronioiing IhL7 I'jork ol ihe CF.urcli ol lo promote the Tr-lliole mistsion of the knhurch Ipastor¥J. tv¥ngelisliC. SOLial ali¢ e¢Limpni¢Jli mtsre devilopill¢n'. ChL4rcii ollors. Jni.. Achievements aiid Performance Worship ar,d Pr3ye'. Lirse An rt10*￿*t¢'1 3r.d 11sleninJ& '.0 OCJ.,. .J.￿￿1 on ol Prai-".s gi L3vb ap.d F*jl': ,J himn ra￿￿e￿o1[rS for-oth. S-.1n￿aY -'ieiing s- .on:.lily SJiiird¥y eiJ•iing cfji".ieiJporarv"ICrS.Til! e￿￿-, 'ng. Lorr.e Io &J*e Ri,.'tr In[￿QdJ¢& Mission DIscsplAship A 4ociil *Qdia oL'Lfusacn oilot l'ia arr￿ed Out Tn15 vias IVLII &ngageJ i'iilh. OJI il was A 4J..•￿0 Iibr3ri/ ol disriplas4ip iesourc*s prtsiideES by R'.ghina'N Medi¢l ¥1lS rolilrol )lJl lo IJ: -ors ago rt.%p<)Ds￿S %vLra ve*. 6 inusi¢ conceris viere held In the Chiirch Y4hicn aiira¢ied over 300 people not assoG121cd Yii&h All Sain15 ar￿ raised funds lor I￿lE l ¢harilies aDd All SaiTrls Orgaii Re$t¢rdliGn l--Lind P3SIC>ra1 Carc aIid P.o$pitslitJ l& f?r IhG¥e a'l Wpicfyiiig s--.fliits*￿ O..1 'lJk&i¢DdTie .'its ￿19n￿e￿ 3￿￿j -,33."i%el i.- -r.'Qi."eshrr￿rnt) or SAr￿.,(... < ar,e, -.k.e2 ￿(¢% IP. (eAp'.ng v.'ITli o"r-￿￿￿u.,- eienLS. F.'naiic .￿￿1 ee.':-IL ',t.?i..d Le-. Financial Reviow rhe cÈner31 iinresifiried fund- In¢r¢ased 81 Ihe e4d ol Ilip. iin3neial yeoi as Inth charily 1135 an Ex¢¢s5 01 Income ov*r exaeiidilLI(rh vil Ilie4e iiinds OF C7.203 12023 rG. [Ot..-.ip15 IIILO 1hp.se Ivods Tol8I.-eseDia5 viere re83 617 at 31 g￿le￿be[ 20?4 12023 r856.5A I I. Rescrvos Policy balance OD Iree ies&rvryS (nei e.IirreDI asseigl whicil eqiialos --1¢i4 2r-.d io InoLi eiTierc&nGias The balalif￿* of free roserv al Ihe ye¥r efid'¥4as ¢80.135 12023 P I0.706!..Nhi¢h 1$ liKJhtr than Ihis i8rge4 TnL ihan .) iI¢i ?I'OO Ab a=har&. .￿sLi]lY￿1￿ the PC.'C Po'i*ers KldJasL.'r C•-,Iral 8odrd o., rii)ai)x:. ..deriaUn Thjs a4iiyca is SQU9hl Iiom Ine I he chHiilv-s Inveslixanl poli¢iL*5 asaU on i'.vo k￿1} b¥inciple5' InyDsline*i d ior IIIP k¥-Sery£iliOil ?.( catiilal yaliie and In. oc5s11?1￿ nec r¥ali¥e invashiTDniS to I'.ieEii oparaiional nEtids Tb.e ¢h¢irily db-s nol i)PVETr a PDli¢y ol giil•rJtir,g In¢onie 31 eAC>V lThè Lichfi¥3ld deniofl>ifaie r-*5pon*ible eiiipl0ltr￿￿rnI practr.lces i5giies ol coronric le gov￿rnalI¢* kilyir¢JTin1￿￿t an,J ECOver£ibl dces ol luf.¢ r5151p.g along lax Safeguarding The PC¢ belieije IlTre.. Iovr. fuililled Iheir duty iindaf Saclion D g.- :h- S•logiièr41ry9 SI￿ Clargi gBc',plir.e Ivtea$il5. tyamaGe', rhe trusie￿5 ar2 noi a"4ai¥ ol ¥n'i S@nvi15 Ineidellia in Ilié lasi ye)¢ Fundraising pcc SiIPPGrlers are *L'J- r iap.¥ll lor or3tr,tèd Thè PCC e liico ltr,- PGC ar" rr4osI qf.. VolLsnte@rs Wfighl ￿Trn￿ DJlrs RoiisL• WIID 113vè i*iorit¢d SD IIF4os5ky on Qiir ts3>.alf anv. ijrs L<14* 011. bJho ￿.3& Risk Management The C?-Iirph VlJi< rae￿￿£ car? QLII regular an(,. 5Jfel/ Jnn:IJlly i4 tsnsi.IL ￿de4￿a￿tr ¢vV.. Structure, Goverfiance and Menagemenl Tb.e PCC Is a Eod%. Corpvrai& èSiablisl)ed hy th& Churcli Oi tilgland Jiid 1$ 3 charil41 reY￿SE￿￿ed Iith the Charily Corntn15510n nie PCC Is Jr. o¥eriied bi Ilie ParG¢hi31 Church CoJiicil Ptywers ecl 011 2-, .18nLi¥ri/ Ig57 an,d Ihe ChiJr.-h Rthpreseiilaliqn .91.. The Ellet￿.0￿ ol Bi?D0￿In7enP of Ilir.. '.ie v¢unEIl corriP-.' thos￿ ￿lect&d 10 tl'.e fJean¢i Parochi.Il C*i.' --knT('.rai p.ts'.l -IhL Ii'om COiifbe% f the DIo'-&￿E ol tlie ¢Diioregaiion 3livé}s ur9ed 10 Ioln I￿.¥ 4oJdprs ,.1 x- In￿ Ari?u- rii- PCC 117S-..itreri are r￿￿>DO￿lS.. '.ILJfs Gl 9&1'.¢r$i rcncprii aspec.. OT Fa115h HR KiLIioii C-raiitsr ¢nne Cro¥4 Kiipi Scoii-Web51er Appfoved Dy Ilie PCC n* 9 March 2025 and &1gned un Ils bthoii by R•i'eiend firn Cartcr Icliairrnani Fiona Wri9nl ILnurch ihlare.eyi Independent Examiner's Report to the trusteeslmembers of the PCC of All Saints Wellington with Eyton Reglstered Charlty number". 1140711 I report on the accounts for the year ended 31st December 2024 which a￿ set out on the following pages. Res ective res onsibilities of the Trustse3 and Inde endent Exarniner The charity's trustees are responsible for the prepèration of the accounts. The charlty's trustees consider that Zn audit Is not required foi this year under Section 144 of the Charitses Act 2011 Ithe Charltles Act) that an independent examinatlon is needed. It is my responsibllity to examine the actounts undersection 145 of the Charitles ACL to followthe procedures laid down in the General Oirettsons given by the Charlty Commlsslon (under section 1451Sllbl of the Charffties Act, and to state whether particular rnatter5 have Come to my attenrion. Basis of Inde èndent Examinerfs Ststement My examination w8$ e3rried out in accordjnce with the General Dlrectlons glven by the Charity Commission. An examinatlon Include5 8 review ofrthe accountlng records kept by the charity and a comparison of the accounts presented wlth those ￿cordS. It also includes consideratlon of any unusual Itern5 ordisclosures in the account5. and seeklng explanations from the trustees concernlng any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a.true and falr" view and the report Is Ilmlted to those matters set out in the statement below. Inde èndent Examlrt8rfs statèment In connection with my exarninatB)n, no rnaterial matters have come to my attention whSch gives me cause to believe that in. any material respect= accountlng records were not kept In accord3nce wlth section 130 01 the Charitie5A¢t or the accounts do not accord wlth the accounting records the accounts do not cornply with the applicable requirements concernin8the ftrrm and content of accounts Set out in the Charities (Accounts and Report51 Regulation5 2008 other than any requirement that the accounts 8ive a true and fair view which 15 not3 matter considered as part of an independent examination. I have come across no other rnatters in conr*ction with the examinatlon to whlch attention should be drawn in order to enable a proper understanding of the a¢¢ounts to be reached. Signed.. Date.. Jonathan Hill chfield Diocesan Bo4rd of Finance 5t Mary's House. The Close, ￿chfield WS13 7LO Parf$h QIAII Salnts, W•lllrbgton Wllh Eywn Statutory Financial StaterThents forthE Year Ended 31 Decemt*r 2024 ststement of Flnancial Atliviknes Unrethcted Funds Deslgnated Ful￿$ Restrkted Funds Tolal Funds 2024 Total Fundg 2023 "S￿￿[￿J0￿Jb Incomlng REsource5 DonatK)n5 and Legac￿5 189.438 7.456 86.405 283.299 261.294 Charit8trAeActivilvè5 2b S.339 306 6645 7.116 0lherTrading Actiwles 17,426 15,204 knvesbnents 2d 5.603 3.680 9.283 4,335 0￿er Total 218,806 11.442 86.405 316.653 287.949 Re$ourc95 Expended Raisjry F￿d5 3• ChariiableActiwts25 3b 211.103 6,518 246.625 (Xher 3¢ Totsl 6.518 71,956 289.577 246.625 kttom*llExpenditurel 4.924 14.449 27,076 41,324 Ttansfert*trhE8n Fund$ 500 500 NetAlovemertts in Funds 5,424 14,449 27.076 41.324 Yotsl Funds brought forward1lstJanl 285,054 f31.yo 440.147 856,541 815,217 Total Fund$ carrfed forward1318tDècl 292.257 136.764 454.596 883,617 856,541 Parish of All Saint5. Wollington Wlth Eyton St¥tuiOry Fiaaficial St3￿ments for tFe Year Endtsd 31 Oecomber 2024 Balante Sheet Fixod A55Qt5 l &ngihlc 613.?., curroni AssL%ts 27.a.805 OJO Liuallttlos tsu? In one yoèr Nut Curront As5olsl{Liabiltiesl ?j9 459 TofHI Vet Assets 883.ti;- Pafish Funds GcncrJl 28) 05 Re¥tricied Fyfids pp."o&.J bi, lThè Paroctrhl71 ch￿rr.￿ Coiir.c.' R&ereiid Tini Carl- Parish of All Saints, Wellington With Eyton ststutory Financial Statements for the Year Ended 31 December 2024 Accountin Policies The PCC is a public benefit entity within the meaning of FRS 102. The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of PCCS, and with the Regulations true and fair view, provisions. They have also been prepared in accordance wtth the Charities SORP {FRS 102). The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless othe￿iSe stated in the relevant notes to these accounts. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body nor those that are informal gatherings of Church members. There may be minor discrepancies in the totals as the pence are not being shown. Cash Flow Statement The Charity has taken advantage of the exemption in FRS102 from the requirement to produce a Cash Flow statement on the grounds that the income does not exceed £500,000 Concern Goin There are no material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern Accountin Estimates and Prior Year Errors No changes to accounting estimates have occurred in the reporting period. No material prior year errors have been identified in the reporting period. Descri tion of Funds Unrestricted funds are income funds of the PCC that are available for spending on the general purposes of the PCC. including amounts designated by the PCC for fixed assets for its own use or for spending on a future project and which are therefore not included in its "free reserves" as disclosed in the trustees, annual report. 10 Restricted funds comprise of fwo elements :_ a) income from trusts or endowments which may be expended only on those restricled objects provided in the terms of the trust or bequest b) donations or grants received for a specific object or invited by the PCC for a speclfic objed. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried foward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis. Income Planned giving, collections and donations are recognised when received or when the PCC becomes entitled to the resotjrce and the monetary value can be measured with sufficient reliability. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and Legacies are accounted for when the PCC is legally entitled to the amounts due and the monetary value can be measured with sufficient reliability. Dividends are accounted for when receivable, interest is accrued. All other income is recognised when tt is receivable. All incoming resources are accounted for gross. enditure Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constrLSCtive obligation on the PCC. The diocesan parish share is accounted for when due. AmoLJnts received specifically for mission are deatt with as restricted funds. All other expenditure is generally recognised when it is incurred and is accounted for gross. Governance and Su ort Costs Support costs should be allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the PCC and its compliance with regulation and good practice. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources eg by allocating staff costs by time spent and other costs by their usage. 11 Fixed Assets Consecrated and benefice property is not included from the accounts by s.10(2)(a}&(C) of the Charities Act 2011. Moveable church furnishings held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the Church's inventory, which can be inspected (at any reasonable time). For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements. No depreciation is provided on buildings as the currently estimated residual value of the properties is not less than their carrying value and the remaining useful life of these assets exceeds 50 years, so that any depreciation charges would be immaterial. Other tangible fixed assets are valued at cost. The depreciation rates and methods are disclosed in note 7. Debtors Debtors are measured on initial recognition at settlement amount. Subsequently they are measured at cash expected to be received. Creditors and Accruals Creditors are measured at settlement amounts less any trade discounts. Accruals are measured on best estimate of the amount required to settle the obligation at the reporting date. 12 Parish of All Saints, Wellington With Eyton Notes to Statutory Financlal Ststemènts for Year Ended 31 December 2024 Income and Endowments from". UnrestriGted Funds Designated Funds Restricted Funds Endowment Funds Total Funds 2024 Total Funds 2023 Donations and Legacies VoltsntarylncornelRecwpts Tax efficient planned giving 136.270 136,270 128.515 Other planned giwng 8,180 8,180 7,487 Collections al s$tVi¢èS 8,594 8,594 6,426 All olher giving and voluntary receipts including special appeals 9,297 7,456 67,489 84,242 75,448 Gift Ald Recovered 24,586 24,586 24,502 Legacies received Grants 2,511 18,916 21,427 18,916 189,438 7,456 86,405 283,299 261,294 Charitsble Activitie¥ 2b Church Aclivitse$ 11 Statutory Fees (retained by PCCI 6.339 306 6,645 7,116 6,339 306 6,645 7.116 13 Parish of All Saints, Wellington With Eyton Notes to Statutory Financial Statements for Year Endèd 31 December 2024 Income and Endowments continued Unrestrictsd Funds Deslgnated Funds Rèstrithd Funds Endowment Funds Totsl Funds 2024 Total Funds 2023 Other Tradlny Aettvites 2c A¢tsvities for Generetlng Funds 12 Parish Centre Hire 10,728 10,728 9,115 12 Bookstall 12 Social Activities 4.453 4,453 4,288 12 Toddler Group 2.245 2.245 1,801 17,426 17,426 15,204 Invèstrents 2d to Bank Interest 5,603 3.680 9,283 4,335 5.603 3,680 9.283 4,335 13 Other 2e Total 218,806 11,442 86.405 316.653 287,949 14 Parlsh of All Saints, Wellington With Eyton Notes to Statutory Financial Statements for Year Ended 31 December 2024 Unrestrlcted Fund$ Designated Fund8 Re5tricttrd Funts Endowment Funds Total Fund8 2024 Total Funds 2023 É E EXPENDITURE ON: Ralslng Funds 17 Costs of Genern*"ng Income Charitable ActivitleS 3b Church AcllvAUes 18 Mission giving and donations 18,416 4.217 22,633 23.381 19 Diocesan Parish Share 86,440 86.440 77.057 Salarieslwages 58,482 18,916 77,398 67,629 Clergy and Staff Expens85 9.275 9.275 10,772 Ch¢w¢h Expenses 22 Chvrch Expenses Ev4nBOhsffl1 842 705 23 Church running expenses 21,670 6,518 4e.823 77,011 52.391 24 Church utility bills 9.162 9,162 5.909 25 Cost of trading 6.641 6,641 8,606 M81or C4pitsIExpendltu 27 Major Repairs lo the Church 28 Major Repair5 to Church Hall 29 New Building Work 26 Govemance Costs 175 175 175 211.103 6.518 71.956 289,577 246.625 99 Othèr 3¢ Total 211,103 6,518 71,956 289,S77 246,625 15 Parish of All Saints, Wellington With Eyton Notes to Statutory Financlal Statements for Year Ended 31 December 2024 4 Allocatlon of Support Costs Support costs comprise Trustee Training and Governance Costs etc. Due to the nature of the financi81 actiwtl65 of th8 PCC, these would b6 allocated across Charitable Expenditure which cornprises thè majority of its expenditure and as such are automalically.charged there. 2024 2023 S{al Staff Costs SalarEs £77.398 £67,628 Average no. of ernployees During the year lae PCC employed a Parish Administrator. Assistant Parish Administrator, Children's and Youth Minister, Families Outreach Worker, Parish Centre Cleaner and a Mission Enabler. There were no employee benefits to key management personnel in the previous or current year. The PCC use the National Employment Savings Tnjsl INEST) for its pension payments. 51bl Trustees. Remuneration and Expenses 2 Trustees have been raimburs8d £1,51812023 £1,027), for Iravel and subsistence during the year. S{c} Related Parties No other expenses were paid to any other PGC member, persons closely connected to them or relatèd parties. tk)nalions from related parties IPCC members) totalled £24,012 12023 £193271. 5{d) Fees for the examlnatlon of the accounts 2024 2023 Independent Examinerfs fees 175 175 6 Analysis of Transfer between Funds - 2024 Unrè$tri¢t*d Deslgnated Restricted Totsl Addition to quinqtjennial fund Addition lo Boiler Fund Isooi (5001 500 500 16 Parish of All Saints, Wellington With Eyton Notes to Statutory Financial Statements for Year Ended 31 December 2024 Analysis of Transfer between Funds - 2023 Unrestricted Designated Addition to quinquennial fund Addition to Boiler Fund 15,0001 15001 15.5001 5.000 500 5,500 7 Fixed Assets re Bulldings ur EquSpm?nt Tgtal At Cost or Valuation As at 1 Jan 2024 609.487 65,360 674,847 Additions in the Year Disposal In the Year Value al 31 Dec 2024 609.487 65,360 674,847 Accumulated Depreciat5on As at 1 Jan 2024 57,775 57.775 Charge for the Year Disposals As at 31 Dec 2024 3.457 3,457 61,232 61,232 Net Book Value al 31 Dec 2024 609.487 4,128 613,615 Nel Book Value al 01 Jan 2024 809.487 7,585 617.072 Freehold buildings comprises the Parish Hall, Parish Hall extension, and land that is adjacent to the church. It is included in the accounts at historical cost. The PCC considers that current market valuation would be in excess of Ihls cost. Church equiprnenl is valued at cost18ss depreciation al 25 Yo Unrestrrcted Designated es Totsl 8 (a) Debtors Gift Aid - Al Saints 5.302 5,332 5.922 Gift Aid - St Catherines 1,371 1.371 1,651 Fees 3,543 3,543 14401 31 Other 3,995 1,184 12101 12101 4,969 14,211 1.214 15.215 7,164 17 Parlsh of All Saints, Welllngton With Eyton Notes to Statutory Flnancial Ststements for Year Ended 31 December 2024 8 (bl Cash at Bank and in hand Unrestricted Designated es ri¢ Totsl TSB Current Account 38,039 513 587 39.139 67.765 TSB Savings Account ICAPI Barclays Account CBF Deposit Account ASW CBF Deposit Account SC 51.872 51,872 37,424 8.408 8,408 3,654 135.187 135.187 106,058 42.202 42,202 40,129 88.649 135,700 52,459 276,808 255,030 9 Liabilities Unrestricted Designated Total ' Amounts falling due in one year Accruals of Ulililies 1.248 1.248 1,293 Other C￿dItorS 20,247 150 376 20,773 21,432 21,495 150 376 22,021 22.725 10 Summary ofAssets by Fund - 2024 Ut)restricted Funds Deslgnated Funds Restricted Funds Endowment Funds Total Fixed Assets Current Assets Current Liabilities 210.892 102,860 121.4951 292,257 402,723 52.249 13761 454.596 613.615 292.023 122,021) 883.617 136,914 11501 136.764 Summary ofAssets by Fund - 2023 un￿strICted Funds D8signated Funds Re$trt¢ted FLtnds Endowment Funds Total Fixed Assets Current Assets Current Liabilities 214,351 93.428 122.7251 285.054 402,721 37.426 617,072 262.194 122.7251 856,$41 131.340 131,340 440,147 18 Parish of All Saints, Wellington With Eyton Notes to Statutory Financial Statements for Year Ended 31 December 2024 11 Summary of Fund Movements - 2024 R¢seNes Incoming Resoufce5 R8sources Expended Transfers Reserve$ at 01Jan 31.D¢c Unrestricted Funds 285,054 218,806 1211,1031 15001 292,257 Designated Funds Quinquennial Church Boiler Rèplacement 19,382 5,500 5,317 801 1,078 18.304 6.000 5,317 1,084 323 500 Church Projects Bowls Fund 283 129 Bells Fund 194 Music Fund 2,268 43,968 306 1,772 802 52,150 59 Org8n Fund Puppets Discretionary Fund Legacy 8,182 59 3,910 50.000 131,340 2,483 13.6681 2.725 50,000 136,764 11,442 16,5181 500 Restrlcted Funds Parish Centre 116,681 286,042 37,424 116,681 286,042 51,873 Parish cent￿ Extension CAP Telfoid Debt Centie 63,272 18,916 4,217 86,405 148.8231 118,916 {4.2171 171,9561 Mission Enabler Grant Other missions 440,147 454,596 Total Funds 856,541 316,653 1289.5771 883,617 19 Parish of All Saints, Wellington Wlth Eyton Notes to Ststutory Financial Statements for Year Ended 31 December 2024 Summary of Fund Movements - 2023 Resorves Incoming R¢sources Transfer8 Reserves at Resource5 Expended 014an 31-Dec Unrestrlcted Funds 278,238 199,675 1187,3591 15,5001 285,054 Designated Funds Quinquennial Church Boiler Replacernenl Church Projects BovAs Fund 14,382 5.000 5,317 671 5,000 500 19,382 5,500 5.317 801 130 Bells Fund 47 147 194 Music Fund 1,908 35.867 370 360 8,101 2,268 43,9S8 Organ Fund Youth Camps Ol￿retionary Fund Lega 370 12501 4,120 50,000 117,682 40 3,910 50,000 131,340 8,778 (6201 5,500 Rt¥trictsd Funds Parish Centre 116,681 286,042 16.574 116,681 286,042 37,424 Parish Centre Extension CAP Telford Debt Centre 56,027 18,916 4,553 79,496 (35, 1771 118,9161 14,5531 158,6461 Mission En8bler Grant Other missions 419,297 440,147 Total Funds 815,217 287.949 1246,6251 856,541 Deslgnated Funds: The quinquennial fund is used to pay for repairs as needed after the quinquennial inspections. The church boiler fund is being built up to enable us lo have the funds when the boiler needs replacing. The church projects fund is used lo pay for large Tefurbishment projects as needed The bowls fund is monies held on behalf of the bowls club The bells fund is monies held lo replace bell ropes elc when needed. The music fund is held lo replace music equipment when needed. The organ fund is being built up towards refurbishment of the organ. The discretionary fund is monies held to be used at the discretion of the vicar. The legacy fund is the monies left from legacies. 20 Restricted Funds The parish centre fund represents monies raised to build the parish eenlre. The parish centre extension fund represents monies raised lo extend the parish cenlre. The CAP Telford debt centre fund is monies held on behalf of CAP Telford 12 SOFA Comparatives (previous year) Unrestritted Funds Designated Funds Restricted Funds Total Funds kncomlni Resources D0n3t￿DnS and LeBac￿S CharltableA¢iivilies Othertradingactivit￿s Investments Orher 176,646 6,690 15,204 1.135 5.152 426 79,496 261.294 7,118 15,204 4,335 3,200 199,675 8,778 79,496 287,949 Resources Expended Rai5ingfunds 187.359 620 58,646 246.625 other 187,359 620 58,646 246.625 Net63inlllos5e51 on investment Net In¢ome/lExperbdittsrel 12.316 8.158 20,850 41.324 Transfer between Fufjds 15,5001 5,500 NetM0￿mentsin Fvnd5 6,816 13,658 20.850 41,324 21 PARISH OF ALL SAINTS WELLINGTON WITH EYTON All Saints Wpllin ton 2023 C4therlne's E 2024 on 2023 Incomln Resources Donations and LÈ Tax efficient planned giving Other planned gTriiD9 Colkctions at $ervices All other giving Gift Aid recovered Grants 134.165 125,635 7.540 ,717 5.346 2.948 13.598 12.457 23,107 22,882 18.915 18.915 202.871 189.554 2,105 640 3,248 2,427 1.479 2.880 770 3,478 1.815 1.620 9,899 10.563 Fees 5.042 5.958 1.297 734 Other Tradln Actlvlties Parish Centro ￿ttIng8 soc￿1 Activit￿8 Toddler Group 10.728 2.183 2.245 15.156 9,115 1.572 1.802 12.489 2,270 2,718 2.270 8ank Interest 3.529 2,073 1,042 Total 226,398 208,093 15,539 15.055 endlture Missionary donation$ Additional Missionary Gwing Parish Share Salaries Chvrch Acthviti8S Office Expenses Church rnission and outreach Church running gxpen5es Depreciation 18.116 18,528 4.217 4.553 83,549 74.232 77.397 67.628 5.165 6,325 4.261 3.897 842 705 9.616 8.122 3,457 3,457 8,195 5.516 6.641 8,606 2.720 2,076 890 903 175 175 225.241 204,723 300 300 2.891 2,825 550 550 4,284 2,036 967 394 Parish Centre maintenance Social Activities Toddler Group Govemance costs 8.992 ,105 Net figur8 1.157 3,370 8.547 8,950 Addittonal Incorne- Designated Fund5 Discietionary Fund receipts Donallon$ to bells fund Donations lo music fund Donations lo bowls fund Donations to puppets fund Danalions to Organ Fund.. 2.481 129 306 283 59 8,165 11,443 40 146 360 130 8.101 8.777 Additional expenditute. Dosi9natod Funds Oiscrelionary Fund Music fund Youth fund Quinquennlal expenditure 3.668 1.772 250 370 1.078 620 RestriGted Fund5 CAP re¢eipts CAP payments 63.272 48.824 14.448 56.026 35.177 20.849 Nel Result for the Year 20.530 32,376 22 PARISH OF ALL SAINTS WELLINGTON WITH EYTON SUMMARY OF MISSION AND CHARITABLE GIVING ALL SAINTS ONLY FOR THE YEAR ENDED 31 DECEMBER 2024 Total 2024 1500 Total 2023 1500 250 From Church Funds :. Africa Inland Mission All Saints Chedgrove All Saints Mission Enabler Inrtiatives Bless Network CAP Debt Centre Church Mission Society Church Pastoral Aid Society Compassion Good News for Everyone Home for Good KIP Project Maninplace Mission Aviation Fellowship Naomi's Village Open Doors Resource Slay Stir gathering Tear Fund Telford Christians Together Telford Street Pastors War Child YMCA 600 850 2000 700 550 1100 800 800 800 1000 800 1100 1100 500 500 100 800 850 2000 7QO 550 1100 800 800 800 1000 800 1100 1100 500 450 800 750 400 1000 1278 18,528 400 1000 1116 18,116 From S cial Collections and Donations . Bishops Ordination Candidates Fund Open Doors Naomi's Village Alzheimers Hadley Orpheus Male Voice Choir Mayor's charities Floods in Kenya Belfry Youth Theatre Ukraine Ukraine Saturday School CAP Food bank Telford repaiT café Ride n stride Children of Eden 189 262 262 40 101 327 94 520 328 2000 40 728 250 1,723 732 282 311 100 250 231 4,217 4,553 Total aid to Mi$sions 22,333 23,081 23 PARISH OF ALL SAINTS WELLINGTON WITH EYTON CALCULATION OF MISSION TITHE FOR THE YEAR ENDED 31 DECEMBER 2024 ALL SAINTS ONLY 2024 023 Donations and legacies 202,671 189.554 Additional mission giving 14,2171 14,553) Grants 118.9151 {18,9151 Fees 5,042 5,956 Parish Centre lettings 10,728 9,115 195.309 181,157 Mission b'lhe based on 2024 accounts and shown in accounts to 2025 19,530 Mission ts'lhe based on 2023 accounts and shown in accounts lo 2024 18,116 24