PAR55H of OLD FELIXSTOWE PAROCHIAL CHURCH COVNCII
TRUSTEES REPORT AND FINAf4aAL STATEMENTS FOR THE YEAR ENDEO 31" DECEMBER 2024
2024
THE PAROCHIAL CHURCH COUNCIL
OF THE ECCLESIASTICAL PARISH OF
OLD FELIXSTOWE
CHARITY REGISTERED No. 1141751
TRUSTEES, ANNUAL REPORT
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31st DECEMBER 2024
Page l of 23

PAR15H of OLO FEUXSTOWE PAROCHIAL CHURCH COUNCIL
TRUSTEES REPORT ANO FINANCIAL STATEMENTS FOR THE YEAR ENDED 31" DECEMBER 2024
Content5
Page
Reference and administrative details
Trustees, Report
Statements fel3tin8 to Members
Independent Examiners, Report
io
Statement of Financial Activities
li
Balance Sheet
12
Statements of Asset5 & Liabilitie5
13
Fund Movement by Type
14
Analysis of Income & Expenditure
15-16
Notes to the Financial Stalements
17-23
Page 2 of 23

PARISH of OLD FEUXSTOWE PAAOCHIAL CHURCH COUNCIL
TRVSTEES REPORT ANO FINANOAL STATEMENTS FOR THE YEAR ENDED 31" DECEMBER 2024
NAME: The Parochial Church Council of the Ecclesiasticol Parish of Old Felixstowe.
OTHER NAMES: Old Felixslowe. Saints Peier & Paul with Saint Andrew and Saint Nicholas
and Parish of Old Felix5towe
REGISTERED CHARITY NUMBER:
1141751
PARISH OFFICE:
Old Felixsiowe Parish Off Ice,
Saint Andrew's Church.
Saint Andrew's Road.
Felixstowe,
SLJffolk.
IPII 7EB
8ANKERS:
8arclays Bank PLC
CCLA. C8F Church of England Deposit Fund
INDEPENDENT EXAMINER:
Mrs. H. Rum5ey FCA of Ensors Accountants LLP
TRUSTEE5
Name
office
SeTred
From
To
Rev. C. A Hood
Mrs. l.R lones
Mr. S C. Rogers
Mr. M.D.L Van den Ende
Mr R Copestake
Mr. R. A Cornwell
Mrs A.L. Cornwell
Mr. M Dean
Mrs. l Macpherson
Mr.A. J. Peats
Mrs. A. Smith
Rev. D. White
Mrs l Adam
Mrs. R. Page
Mrs. S. Wright
Rev G South
Chairman
Churchwarden
Churchwarden
Treasurer
All year
All year
All year
All year
All year
All year
All year
All year
All year
All year
All year
All year
19" May 2024
191P May 2024 - 151 Sept 2024
19 May 2024
29, June 2024
Curate
Page 3 of 23

PARISH of OLD FEIIX5TOWE PAAOCHIAL CHURCH COUNCIL
TRUSTEES REPORT AND Fif4ANaAL STATEMENT5 FOR THE YEAR ENDED 31" DECEMBER 2024
The Trustees present their report and the unaudited financial statements of the charity for
the year ended 31 December 2024.
The financial statements have been prepared in accordance with the accounting policies Set
out on pages 17 to 19 and comply with the Charilies Act 2011 and 'Accountin8 and Reporting
by Charities.. Statement of Recornmended Practice applicable to Ch3ritie5 preparing their
accounts in accordance with the Financial Reporting Standard 3pplic3ble in the UK and
Republic of Ireland IFRS 1021.
STRucfuRE, GOVERNANCE AND MANAGEMENT
Thi5 charity Is governed and constituted under the laws applicable to Parochial Church
Councils within the Church of England, the Parochial Church Council Power5 Measure.
The Par15h of Old Feli1stowe elecls members to its church council IPCCI at an Annual
Parochial General Meeting. and members of the PCC automatically become trustees. Anyone
living In the parish and t*ose whose names are on the electoral roll of the par15h are eligible
to atiend and vote at that meeting.
The par15h exists to promote Christianity. principally in Old Felixstowe, according to the rites
and formularies of ihe Church of En8land.
The par15h is constituted to Pfo¥ide re8ular, public services. principally on Sundays. and the
occa51onal off ices of baptism, matrimony and funeral, and provides buildings that are open
to the public for the comfort of religion. These buildings are available to local organisations
for events that benefit the local communi y The parish also donates to other charifie5 that
provide services founded In Christianity to Member5 of the public In rhe UniteLI Kingdom,
locally and otherwise, and overseas.
AIM AND PURPOSE
The Parochial Church Council IPCCI of Old Felixstowe supported its Vicar, Rev. C.A. Hood, to
provide the whole mission of the Church of England in northern and eastern Felixstowe. To
help achieve th15, It maintains and opens for public worship the church buildings of Saints
Peter & Paul, in Church Road,. its daughter church. Si. Andrew, in St. Andrew's Road and (the
un-consecr3tedl St. Nicholas at Felixstowe Ferry. The PCC also maintains the Church Hall In
St Andrew's Road, and has beneficial ownership of St. Andrew's House, 10, Fleetwood F¢oad,
adiacenr to the church.
OBJEcfivE5
The PCC is committed to encouraging people to participate in worship at its three churches
and thus become part of the church family. It caters for differing styles of worship and church
fellowship within the par15h by diverse services on sundays and weekdays as well as the vse
of ch¢Jrch building5 at other times by groups. The parish holds services for the whole parish In
Ss. Peter & Paul and St. Andrew and St. Nicholas during the summer months.
Page 4 of 23

PARISH of Oio FELIXSTOWE PAROCHIAL CHURCH COUNCIL
TRUSTEES REPORT AND FINANCIAL STATEMENT5 FOR THE YEAR ENDED 31" DECEMBER 2024
PUBLIC BENEFIT
When planning its activities for the year. the PCC and Vicar have considered the Charity
Commission's guidance on public benefit and ill particular the specific guidance to charities
for the advancement of reli8ion. They have tried to enable ordinary people to live out their
taith ès pan ol th15 parish's community through..
Worship and prayer: teaching the Gospel and developing the congregation's
knowled8e of and trust In Je5US.
Pastoral care for those living In the parish:
Support of work amon8St youn8 people of both the parish and within the town of
Felixstowe.,
Support of outreach and missionary work
The Trustees consider that they are fulfilling the requirements to deliver a public benefit.
REVIEW OF THE YEAR
The parish has continued to hold and develop public services throughout 2024. We met on
the first four Sundays at 09..30 and 1100. and at 08:00 three tirnes a month and on the fifth
Sunday all congregations are Invited to meet for worship together. Evenin8 services were
held once a month and through the summer these were held weekly at St Nicholas. Each
congre8ation has a diff ereni Style and structure that allows people io encounter God'5 love
and grace In a variety of forms.
We met In the church every Mon(iay for Evening Prayer and on a Thursday for Morning
Prayer. A Holy Communion Service Is held weekly on a Wednesday. A monthly Saturdav
morning 8roup meets for Theology book group. io explore a ran8e of Interestin8 and
challenging books, and for contemplative prayer.
Our church buildings have been open for private prayer and public worship, as well os for
weddings. funera15 and baptisms.
They are also used by the wider community throughout the week. Groups meet for prayer
and Bible Srudy. for craft and chat. fjr Singing. Signing and siories and the ¢ommunity Pop
Up Shop continue5 to meet to support our community. St Peter and St Paul Is the base for
the new Parish Nursing mtni5try. Men's breakfast is held monthly on a Saturday and Is
thriving.
Excellent contact with primafv schools has been developed in the pJri5h. providing.
assemblies and le55ons both in school and church. We had the privilege of hoslin8 Christmas
services for the schoo15 In the parish.
Pa8e 5 of 23

PARISH ol OLD FELIXSTOWE PAROOIIAL CHURCH COUNCIL
TRusfEES REPORT AND FINANOAL STATEMENTS FOR THE YEAR ENDED 31" DECEMBER 2024
To further develop contact with families and children a weekly singing. signing and storie5
group has been established. It is aimed at preschool children and their carers where they can
spend time together and develop relationships.
At the 09..30 Service we have launched a monthly all age service. which families are
beginnin8 to attend. Some through contart with the singing. signing and stories group. On
further Sunday at 09-30, Explorers is offered. a Sunday group for children of primary school
age.
In 2023 Parish Nur5in8 was set up arbd established In the Paf ish for the first time_ A small
group oversee the running and delivery of the service on 6 voluntary basis and report to rhe
PCC. Support ha5 been offered to those In the congregation and in the wider community. A
further volunteer parish nurse joined the learn during 2024 and a Parish Nurse a5515tant has
been trained. Parish Nursing provides a monthly presence at a community market, Margery
GirlinE House and h05ts a lunching togerher meal at the White Horse. The team are lookin8
at option5 as to how to further develop the service.
Home visitin8 has continued and elders continue to be involved in taKin8 pre.consecrated
oly Communion monthly to those who can't 8et to the church bui5din85. This has helped
maintain contact and alon8 W5th re8ular DVDS of services being produced and distributed
sees the church 5eekin8 to reach out and keep In touch.
Pub Theology has continued at the White Horse but Intermittently due to a few changes in
the landlord. This Is an opportunity lo explore a range of topics In a relaxed almosphere over
a drink. li has helped develop contact wTrih the wider community and buili relationships.
Rev Georgina South joined a5 a self-supportin8 curare at the end of June. The parish has
been blessed by her ministry
Faculty perm1ssion was obtained to extend the Garden of Remembrance. work on which
began early 2025. A smèll and dedicated team has been established to help maintain the
Church yard at St Peter and St Paul. Advice from Carin8 for God's Acre was obtained to help
with ihe on80ing management and development of the church yard.
The church hall is used by a pre-school group throu8hovt the year.
St Andrews House continue5 to be let out. mana8ed by a local letting agent.
TRUSTEES
The Trustees of the charity are detailed on page 3 of rhis report.
Page 6 of 23

PARISH of OLD FELIX5TOWE PAROCHIAL CHURCH COUNCIL
TRUSTEES REPORT AND FINANCIAL STATEMEP4TS FOR THE YEAR ENDEO 31" DECEMBER 2024
APPOINTMENT OF TRUSTEES
When a vacancy occurs for a trustee. the remainin8 trustees seek to appoint an individual with
skills and experience, which they feel, will be of benefit to the charity.
On appointment, new trustees are given copres of the latest Annual Report and Accounts.
There Is no formal induction and trainin8 programme, but individual trustees aitend seminars
to update themselves when they feel It necessary.
MANAGING RISK
The Trvstees have considered the major risk5 to which the church is exposed. and 5yStem5
have been established to mitigare those risks. The implementation of these procedure5
minimises those risks. These procedures are regularly reviewed to ensure that they still meet
the need5 of the charity. In particular. to rninimise any financial risks the trustees would seek
repb,table bank5 and othei Investment Institutions Into which they could place funds. The
performance of their Investment would ihen be reviewed.
RESERVES & INVESTMENT POUCY
The parish holds reserves in the form of Restricted, Endowment and Unrestricted funds.
A Reserves and Investment Policy has been developed to mènage the financial assets of the
parish. Ouring the annual Financial Review. a balanced budget 15 sei for the upcoming year,
whereby any shortfall ift predicted Incorne vs predicfed expenditure will be mel by an
allocation from carried-forward Surplus assets. In addition, a Reserve of £36,(m will be
allocated as contingency against unexpected hi8her costs as the budget is executed through
the year. A formula for determining the Reserve is defined in the Policy. The Reserve will be
held in a separate readily acce55ible financial account from that Used for the parish's day-t
day running. The balance ol the surplu5 lin3ncia5 assets will be maintained as a mix of mid-
3nd lon8-ierm investments. with the goal of producing capital growth and income,
corvmensurate Wit￿ minimisin8 risk of capital loss.
EMPLOYMENT MATTERS
The trustees are responsible for the appointment of employees and other related staff
matters, including deiermining Salaries.
FINANCIAL POSITION
A deficit of £16,752.20 arose in the year compared to a defiCIt of £38.054.10 for the previou5
year.
Funds carried forward totalled £1.150.05'.47 comprisin8 unrestricted fund £351,443.9012023:
£364.508.621, designated funds £659.433. 1712023.. £663,120.65 restated see note 101,
restricted lund5 [103,752.2612023. E103.752.261 and endowment fund E35.422. 1412023..
£33.704.371.
Page 7 of 23

PARISH of OLD FELIXSTOWE PAAOCHIAI CHURCH COUP4CIL
TRUSTEES REPORT ANO FINANCIAL STATEMENT5 FOR THE YEAR ENDED 31" DECEMBER 2024
GOING CONCERN
The trustees have a reasonabSe expectation that the charity has adequate resources to
conrinue operating for the foreseeable future.
Approved and signed bv order of the Trustees.
C.A. HOOO
VICAR
Oate
7 May 2025
Page 8 of 23

PARISH of OLD FELIXSTOWE PAROCHIAI CHUACH COU14CIL
TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31" DECEMBER 2Q24
STATEMENTS REGARDING MEMBERS ETC
STATEMENT REGAROING MEM8ERS' BENEFITS
With the exception of those mentioned below no member ofthe Council nor any person
connecied to them benefited from any contract or work awarded or payment made by the
Council dur1ng 2024.
cler￿ Itrusteesl received re-imbursement of £210.48 for out-of-pocket empenses incurred in
their duties durin8 202412023: £385.41).
Agrant of £1,525 was made to a chaflty. of whith Mr A Peats and Reverend Hood 3re also a
trusiee12023'. EI,5ELII.
A grant of £ 1.525 was made to a charity, of which Reverend White 15 also a trustee12023.'
£1,560)
The wife of a trustee manages the Parish Nursin8 service and provides nursin8 care. No
remuneration Is paid to her In thai capacitv
STATEMENT REGARDING TRUSTEES. CONTRIBUTIONS
Ouring 2024 the trustees donated £1 1,860 to the Parish of Old Felix5towe for the
f urtherance ol lis objectives. All of this was unrestricted In character. In 2023 the
omp3ralive values of gifts were £1 1.900.
STATEMENT REGARDING EMPLOYEE'S REMUNERATION
The PCC employed one person Inot a Trustee) who earned a gross salary of £12.603.60. We
are claiming the Employrnent Allowance and no employer's National Insurance
Conlribulions were paid l?023. £ 12,603 60 and no employer's NIC) £378 12 was paid for
the benefit ol the employee to a pension fund during the year12023. £378.09)
Employee benefits, therefore, did nol exceed £60.000 durin8 the year
STATEMENTREGARDING EX GRATIA AND HONORARIA PAYMENTS
Ex Gratia payments totallin8 £2,07512023: £2.3301 were made to the Ver8er and Organist
(non- PCC members) lor their duties ai Church Services.
STATEMENT REGAROING VOLUNTEERS
The charitable activities are mainly carried out by unpaid volunteers who cover varlous roles
within the church.
Page 9 of 23

PARISH ol OLO FELIXSTOWE PAROCHIAI CHURCH COUNCIL
TRUSTEES REPORT ANO FIP4ANaAI STATEMENTS FOR THE YEAR ENDED 31" DECEM8ER 2024
INDEPEhlDENT EXAMINER'S REPORTTO THE TRUSTEES OFTHE
PAROCHIAL CHURCH COUNCIL OF OU) FELIXSTOWE
SAINTS PETER & PAUL, SAINT ANDREW and SAINT NICHOLAS
I report lo the Trustee5 on my examination of the accounts of the Parochi31 Church Council
of the Parish of Old Felixstowe Ithe charityl for the year ended 31st December 2024.
RESPONSIBILITIES ANO BASIS OF REPORT
As the Irvstee5 of the charity, you are responsible for the preparation of the accounts in
accordance with the fequirements ol 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 2011 Act and in carryin6 Out my examination I have followed all the applicable
Directions given by the Charity Commi5510n under section 145 (51 Ibl of the Act.
INDEPENDENT EXAMINER'S STATEMENT
I have completed my eKam1nation. I confirm thai no material matter5 have come to my
attention In connection with the examination 8ivin8 me cause to believe that In any matersal
respect..
accountin8 records were not kept in respect of the charity as required by section 130
of the Act." or
2. the accounts do not a£cord with those records- or
3. the accounts do not comply with the applicable requirement5 concerning the form
and content of account5 Sei out in the Charities (Accounts and Reports) Regulation5
2008 other than any requirement that the accovnt5 give a "true and fair view which
15 not a matter considered as pari of an Independent examination.
I hève 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.
Mrs. H. Rumsey FCA
Ensors Accountants LLP
Connexions
159 Princes Street
IpswIcH
Ipii
8 May 2025
Page 10 of 23

PARISH of OLD FEUXSTOWE PAROCHIAL CHURCH COUNCIL
TRUSTEES REPORT AND FINANQAL STATEMÉNTS FOR THE YEAR ENDED 31" DECEMBER 2024
Statement of Flnancial Activities
2024Tot
SÉ
Income and endowments from:
Donaiion5 and lega¥ies
Income from charitable
95,829 43 3.715.10
99.544.53
91.655.33
9,949 1.389.03
attbvitses
11,338 63
11.072_36
Other tfading actlvities
Investments
3,IC¥).￿ 9.176.92
28.It>4 89 11.!CQ CQ
12.276.92
39.264 89
162.424.97
10,347.98
24 904.46
Tolal income
137,043.92 25,381.05
137.980.13
Expendlture on..
Raistn8 funds
Expendtture on charitable
actlvities
Other expenLllture
Tolal e¥pendlture
21.63
21.63
I￿.L￿.76 18.552.82
168,553.$8 161,616.40
10.60196
10.60196
14,41783
179,177.17 176.034.23
150.022.39 29.154.78
Net lexpendlturolllnclxne 112.978.471 {3.773.73)
116,752.201 138,054.101
Transfers
Gross iransters between
funds - In
7.681.72 7.767.97
15.449.69
2.689.3S
Gross iran5fer5 between
fun¢s. Out
Gains on Investment
17.767.971 17.681.721
115.449.691
12.689.351
1.717.77
1,717.77
asset5
3.360.87
Revaluation. fi%ed assets
Net mo¥Èment in funds
85 OM.00
113.064.721 13.687.481
1,717.Tl 115.034.431
Tolal funds brO￿trI
foTh¥ard Irestatedl
364.508.62 663,110.65 103,752.26 33.71YJ.37 1.165.085.90 1,114.779.13
Total funds carrled Iwward 351,443.90 659,433.17 103.752.26 3S.422.14 1.150.051.47 1.165.IJ85.9)
Page 11 of 23

PARISH of OLO FELIXSTOWE PAROCHIAL CHURCH COUP4CIL
TRUSTEES REPORT ANO Fif4ANaAL STATEMENT5 FOR THE YEAR ENDED 31" DECEMBER 2024
Balance Sheet
Stètemeni of assets and Ilabllltles
l Flxed assets
Tangible assets
2 Investments
2024 É
2023 £
596,202.08 606,804 04
3<.422 14
33,704 37
631.624.Z2
640.508.41
3 Currert assets
Debtors
15.2f4J.02
Sll.794 $8
8,163.¢
522.383 02
527.054.60 $30,546.02
Cash At Bank and In Hand
4 Llabllitles
Creditors. Amounts Fallin8 Due in One Year
8.627.35
5,968 53
,627.35
5,968.53
518,427.25 $24,577.49
1.150.051.47 1.165,085.90
14et curreni assets less current Ilablllries
Total assets l•ss current li3billties- Page 13
Unrestrlcted
General Funds
Designated
8enelice Fabflc & Infrastructure Fund
On Goin8 Learnin8
Par¢sh NurJin8
POP UP SHOP
Si Andrews Hall Fund
Sl Andrews House Fund
5t Peter & Paul Graveyard De%gnaEed Fund
St Perer & Pèul Streamin
Restrided
351.443.90
364,508.62
19.775 14
3.000.
1.793,49
4.750.19
192.239.82
401,625.72
15.046.73
21,202 08
19,775 14
3.¢)00.oc
1,914 75
1,280 (
191,212
398.134.72
I6.c￿
31,804 04
Restricted - Or8an Fund
Restiirted St Andrews Church Fabric & Infrastructu￿ Fund
R95tricted St P & P Fabnc & Infrastructure F•JrKI
Endowment
En(lowrnent. St Peter & Paul Graveyard Fund
Fund of the Church
2,314.88
82.813.38
2,314.88
82,813.38
18,624.t
18.624.QK
35,422.14
33,704 37
1.150.051.47 1.165,085.90
C A Hood- Vicar
M Van den Ende-Trea5urer
Date
7 May 2025
Page 12 of 23

PARISH of OLD FELIXSTOWE PAROCHIAL CHURCH COUNCIL
TRUSTEES REPORT AND FINANOAL STATEMENTS FOR THE YEAR ENDED 31" DECEM8ER 2024
Statement of Assets and Liabiltties
G•n•rnl
2013 £
Fixed A55et- Investments
Oliver CCLA Investrnent
Fund
28,901.92
28,901.92
27.503.39
Churchman CCLA Deposit
Fund
6.52C.22
6.520.22
6,2(K).98
Total
3S,422.14
35.422.14
33.704.37
Ftxed Asset- Taniible Assets
St Andrews House
385.1XX).LKI
190.CW.
21.202.08
Total
596.202.08
Cunent 15sets. Cash at bank and In Hand
8aTclays Cufrenl Account
1,059.52 5.022.27
8arclay5 Savin8s Account 1 25,062.79 40,617.63 19,880.38
Cash In ￿and
ooi
385.ts)O LKI 385.￿0 C
190,COJ.O) I90,￿0.(x1
21.202.08
31,804 04
596,202.08 606￿.01
51 Andrews Ha55 Ire5ts1edl
Equipmeni
6.233 77
85.560.80
001
15.306.72
87.076 29
ooi
Total 26.122.32 45,639.90 20,032.
Curr•ni ass•ts. d•btors
Accounts Receivable
91.794.S8 102.383.02
13.464.90 1.795.12
Total 13.464.90 1.795.12
Current assets- Investments
15.260.02
15.260.02
8.163.(Ki
8,163.(rt)
The CB£ ColE Deposit
Account
320,tJ)) ￿ 16,206.00 83,794.
420.(MX).IX) 420,(XTr) O)
f￿al 320m.(Xt 16.206.00 83.794.
Llablllty. A8en(y A¢¢(wnts
A8ency collections
420.000.rAI 420.OLX).(KJ
74.10
74.10
Total
Llabillty. Credltors.. Amounts lalllni due In One Year
Accounts Payable
8.lJ3 32
409.93
74.10
74.10
8.553.25
Total
8.113.32
409.93
8.553.25
5.968.53
Net total assets 351.443.90 659,433.17 103,75Z.26 35.422.14 1,150.051.47 1,165.085.90
5.968.53
Page 13 of 13

PARISH ol OLD FEIIXSYOWE PAROCHIAL CHURCH COUNCII
TRUSTÉES REPORT AND FINANOAL STATEMENTS FOR THE YEAR ENDED 31° DECEMBER 2024
Fund movement surnmary
Openlni
In¢omlni l>Jtyolni Ti•n51ers G•ins/Losses Joum•ls
Closlni
Benefice Fabric &
Infrastfucture
DE51gnated
9.775.14
18.775 14
Organ Fund
Restricted
2.314 88
231488
On Goini ieamlni
Designated
Parlsh Nutsln8
3.LMXI 00
3.000 00
De518nated
1.914 75
1.954 17
1643.43 1432.1)0i
1.79349
POP UP Shop
Oe518nated
1.280 4 217 53 1.285.59
518 25
475019
St Andrew's F•brlc
& Infrastructure
Restricted
82.813 38
82B1338
St Andrew's Hall
De51grsattd
191.212 00 e.c*i 92 7.034 10
192.239 82
St And1￿5 House
De&8na¢ed 398.'.34 72 11.1W CKI 7.PA)9
401.625 72
StP&PFabrl¢&
Infrastructure
Restrictesj
18.824 00
18.624 CQ
St P & P Gravey•rd
Endowment
33.704 37
1.717 Tl
35 422 14
St P & P 4r•¥eyard
Desi8nated
16.(MXI 00
47.43
1.CQJ.70
1S.U¢6 73
Streaml
Desi8nated
31.804 (
10.601.98
2'..202 08
General Fund
.W 9J8 62 127 043 92 152.822 39
186 251
351 4343
Gr•nd Total 1.165,06S.90 162.424.97 179.177.17
1,717.77
1,150.051.47
Page 14 of 23

PARISH of OLD FELIXSTOWE PAROCHIAI CHURCH COUt4CIL
TRUSTEES REPORT ANO FIP4ANaAL STATEMENTS FOR THE YEAR ENDED 31" OECEMBER 2024
Analysis of income and expendlture
Unrestl￿ted O*siin*ed Re5trl¢ied Endowmont
Z024 E
IO23 £
INCOME AND ENDOWMENTS FROM..
Donations and le8acies
Gilt Aid Givin8
Othef Planned GtVTn
Weekly Offerin85
Recurr¥ng Donation5
Non Recurrin8 OonatTons
Gift Aid RecovÈrÈd
52.711.LKI 1.320.00
8,835.IXs
200.
10.071.58
64.87
54,03100 52, 78S CK)
9.n3J 00 13,457 CK)
10,07158 9,8S8.12
64.87
4.394.14 2.028.CM)
14.fi56 10 13,144.
7,291 84
378 21
99.544.53 91.655.33
2.199.04 2,195.10
14.656.10
7.291 84
Legacies
Totals 95￿9.43 3,715.10
Income from charltable activities
Pop up Shop
Weddings Funerals
Memorials
2.424.80 1,299.03
3.723.83 4.012 42
7.524.80
7.524 80 6,920.80
Oiher Incorne
90OJ
139.14
Totsls
Other iradini actlvltl•s
Fund Raisin
St Andrews Hall Fees
9.949.60 1,389.03
11,338.63 11,072.36
3,100.iXI 1.1 Is.c
8,061.92
J.i(x).(X1 9.176.92
4.215 fy) 2.3Ix).17
8,061.92 8,047.81
12,276.92 10,347.98
Totals
Investments
Dividend5 & Interest
28.164.89
28,164 89 15,CW.46
I I,IIXI.IXI 9,900.00
39.264.89 24.904.46
162.424.97 137,980.13
St Andrew5 House Rental
li.1￿.(
Total$ 28,164.89 11.i(xi.co
Gr•nd iotals 137,043.92 25,381.05
2023
115.674.44 22.227.81
137.980.13
Page 15 of 23

PARISH of OLD FELixsfowE PAROCHIAL CHURCH COUNCIL
TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31" DECEMBER 2024
Unr•stri¢ted Designated Restrict•d Endowrnent 2024 £
2023 £
Expendlture on:
Fund Ralslng Acrivtties
Chaiitable Actlvlties..
Church Overseas (note 71
Home Mission Glving (note 71
Setular Charities
Pop up Shop
Parish Share
Adminl*raiive Officer Costs
018ariist Fees
Gardener Fee5
Vergers Fees
Cler8y Worklng Costs
Asslstant Clergy Q)sts
Mi551on & Outreach Expenses
St Andrews Churth Insurance
St P & P Church Insurance
St Nlcholas Church Insurance
Upkeèp of services
Copter Related Costs
O¢herAdmini5trative Cost
Church CleaAin8 & Repal
Upkeep of Church Grounds
Othef Support Costs
St Andrews Church ut11￿leS
Sl P & P Church Utiir(les
St Nicholas Church Utilities
Communication Costs
St Andrew5 Hall Utillties
St Artdrews Hall Insurance
St Andfew5 H?11 M5ntsr Repalrs
St Andrews House Insurance
St Andrews House Ageni Fee
St Andrews House Maintenancè
Fees Churchyard Masons
Governance Costs (note 81
St Andrews Church Malor
Repair5
St P&P Grnveyard Upketp
Tot•l$ 1S0.(W.76
21.63
21.63
1.560.LI)
1,560.C
7,625.t))
4,680.C(I
3.199.24
1959.96
80,454.96 77,996.
12,981.72 13.036.92
1,575.rxi
1,810.1XI
960.￿)
7,625.￿)
1,933 65
80.454.96
12.981.72
1,575.CQ
L265.59
520.
175.38
35.10
175.38
35.10
341.31
44.10
2,163.12
1,574.93
1,737.38
242.10
9,275.67
1,144.39
6.215.50
1.643.43
1.643.43
2.136.17
2.313.58
347.87
6,195.25
1.331.50
6,268.35
2.136.17
2,313.58
347.87
6,19S.25
1.331.50
6.268.35
2,69S.91
2,695.91
2,762.31
10.674.72
2,497.24
260.44
10,674.72
2.497.24
260.44
1.478.59
5.504.46
1.456.77
1.786.(Kl
7C6.tXI
4.519.69
2.948 42
270.71
782,38
3,449.29
1.107.80
2.844.99
723.34
1,332.(Kl
1,188.Crf)
5.571.CA)
6.313.Lil
1,349.20 3,084.78
3,630.CQ
3,480.00
1.478.59
5,504.46
103.64
1.353 13
360.
1.426.Cl)
706.(KI
1.332.C(I
5,571.1x1
1.349.20
3,630.(
935.33
i.OXJ.70
14552A2
I,iXKJ.70
168.553ts8 161,61&40
Other expenditure
Streaming
Depreciation (note 11
Other •xpenthtureTotals
3,817.87
10,601.96 10.60196
10.601.96 14.417.83
10,601.96
10.601.96
Expendtture Grand t¢)tals 150.022.39
29.154.78
179,177.17 176.034.23
142.923.40
32.175.50
935.33
176,034.23
Page 16 of 23

PARISH of OLO FELIXSTOWE PAROCHIAL CHURCH COUNCIL
TRUSTEE5 REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31" DECEMBER 2024
NOTES TO THE FINANCIAL STATEMENTS
ACCOUNTING POLICIES
BASIS OF PREPARATION OF ACCOUNTS
The accounts have been prepared In accordance with the Accounting and Reporting by
Charities. Statement ol Recommended Practic@ applicable to Charilies PTepaTing theii
account5 in accordance wit￿, the Financial Reporting Standard applicable In the UK and
Republic of Ireland IFRS 1021 las amended for accounting periods commencing 1st January
20191.
The accounts h3ve been prepared to give a 'true and fair, viv44 and have departed from the
Charities, (Accounts and Reports) Regulations 2W8 only to the extent required to provide 3
'rrue and fair. view. This departure has Involved following Accounting and Reporting by
Charities Statement of Recommendee Practice applicable to tharities applying FRS 102 rather
than the version referred to In the regulations which has since been withdrawn.
The accounts are prepared In sterling, which is the functional currency. Monetary amounts
are stated In pound5 and pence. The accounis have been prepared on the going concern b3515
as the Council have a reasonable expectation that the Church has adequate resources to
continue operating for the foresee3ble future.
The Parish of Old Felixstowe Parochial Church Council meets the definition of a public benefit
entity under FRS 102. Assets and liat>ilit*es afe initially recognised al historical ccst or
transaction value unless stated in the relevant accounting policy nores.
FUNDS
Unrestricted funds are lunds of the PCC that are not subject to restriction on their use and are
able to be applied by the PCC for general purposes.
The PCC mav desi8n3te unrestricted funds for a parlicular purpose as a matler of internal
financial discipline.
Restricted lunds are annotated on iheir use.
Endowment funds are restricted funds, the interest ITOM which is to be used for purposes
specified by the funds, donor5.
These accounts deal only with such transartions for which the PCC is responsible. The affairs
ol groups affiliaied to (he church and other 8atherin85 Wlthin it are excluded.
INCOMING RESOURCES
Collections are taken to account when received. Income from covenanted giving and ancillary
donations are raken to account only when received. Income tax recoverable under the Gift Aid
Scheme Is recognised on a receivabSe basis. Legacies income 15 reco8n.sed when the PCC has
entitlement to thp. funds, any performance conditions attached to the Itern{sl of income have
been met, it is probable that the income will be received, and the amount can be measured
reliably.
Page 17 of 23

PARISH of OLO FEUX5TOWE PAROCHIAL CHURCH COUNCIL
TRUSTEES REPORT ANO FINANCIAL ￿ATEME11T5 FOR THE YEAR ENDED 31" DECEMBER 2024
Recurring and nonrecurring 8rants are taken to account only when credited to the PCCS
bank. Income from charltable activities is recognised on a receivable basis.
Fundraising ané income generated from other tradin8 activities are reco8n15ed when
received.
RESOURCES USED
Donations and grants are taken to account on votin8 by the PCC or payment. whichever is
the earlier. Other costs are accounted for when the PCC'S liability for them occurs.
FIXED ASSErs
Consecrated Land & Buildlngs
These are excluded from the account5.
No value is placed on movable church furnishings that require a faculty for disp0531.
Expenditure on consecrated property and movable furnishin85 whether improvement or
maintenance Is wrilten off sp. the year of expenditure.
Other Land & 8uSldln
Sl Andrew's House 15 Stated at market value provided by a professional valuer In Febr¢Jary
2024. The value is reviewed on an annual basis by the Trustees and professionally revalued
at intervals of no more than 5 years.
St Andrews Hall is slated at market value provided by a prOfes￿Onal valuer tn November 2021.
Expenditure on other land and buildin8s is written off as Incurred.
Oiher Fittinzs, flxtures equipment
This is written off on a linear basis over three years. Items less that £l.000 In value are
written off when acquired. Streamin8 equipment is written off over 5 years on a linear basis.
IMPAIRMENT OF FIXED ASSETS
At each reporting dare the Ch3ritY feviews the carrying amounts of Its tangible assets to
determine whether there Is any Indication that those have SLbffered any impairment loss. If
any such indication exists. rhe recoverable amount of the asset Is estimated In order to
determine the extent of the Impairment loss lif any).
INVESTMENTS
Investments are shown at market Value. Difference5 in c105in8 market value frorn the
precedin8 year are taken to the Statement of Financial Activities as an unrealised movement.
Income arisin8 from investments Is accounted for on an accrual basi5.
Page 18 of 23

PARISH of OLD FELIXSTOWE PAROCHIAI CHURCH COUNCIL
TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31" DECEMBER 2024
FINANCIAL INSTRUMENTS
Other than the fixed asset investments. the charity only has linancial as5et5 and tinancial
liabilities of a kind that qualify as basic financial Instrument5. 8a5ic financial instruments are
reco£n15ed In the Balance Sheet when the PCC becomes party to the contractual provision of
the Instrument.
CURRENT ASSETS
Sums owed to the PCC are shown as debtor5 less any amount which may not be collectable.
Cash at bank and in hand Includes cash and highly liquid investments.
ACCOUNTING ESTIMATES AND AREAS OFJUDGEMENT
Estimates and judgement5 are continually evaluated and are based on historical experience
and other lactors, Includin8 expectation5 of future event5 that are believed to be reasonable
under the circumsiances. The freehold Pfoperty. 10. Fleetwood Road. is piofessionallv
revalued at interva15 of no more ihan five years. A professional valuer has provided a market
value in February 2024 (see note 11. The Hall was valued professionally In November 2021.
PENSIONS
The PCC makes payments to a pension scheme for Its employee. Contributions are charged
to the Statemeni of Financial Activities as they become payable.
LEASES
Renta15 payable under operating leases are charged against income as they tsecome payable.
EMPLOYMENT TERMINATION
There is currently no provision for contractual payments on termination of employment in
staff contracts. If a terminaiion becomes necesS3ry. it viill be dealt with in accordance wilh
circurnstance5 and employment law In force at that time.
TAXATION
The activities are exempt from United Kin8dom VAT ènd Income taxation.
NOTE I: FIXED ASSET5
The PCC beneficially owns two nonrfonsecrated freehold properties.. St. Andrew's Church
Hall and St. Andrew's House.
St. Andrew's House was PTofe5sion3lly valued In February 2024 and 15 Stated at a value of
£385,000 In these accounts.
St Andrews Hall Is stated at market V31ue in these accounts This was profes%ion311y valtjed at
£190,000 in 2021.The PCC also owns St. Nicholas'5 church. a non-consecrated properly at
Felixstowe Ferry If servrces are not held there for a period of more than one year. Interest in
the property feverts to the original donor In the PCC'S opinion the property h3s no market
value to the PCC. These propertie5 are unrestricted.
Pège 19 of 23

PARISH of OLD FELIXSTOWE PAROCHIAL CHURCH COUNCIL
TRUSTEES REPORT AND FINANCIAL STATEME￿5 FOR THE YEAR ENOED 31" DECEMBER 2024
NOTE I: Iconfinuedl
Equiprnent
St Andrew's
St Andrew's
Hall
Ire41ai¢d
Totsl £
Costlvaluation
Ir￿aL¢￿
Brought torward
Revaluation
Additions
Disposal
Carried forward
Oeprectation
53,CQ7.96
385.0(10.IXI
I90.￿￿￿.(m) 628,￿7.96
53,007.96
385.Cm.00
190,OIJJ 00 628.007.96
Broughi forward
Charge
On disP05al
carried fofward
21.203.92
10.601.96
21.203.92
10.601.96
31.805.88
31,805.88
Wrltten dovm value
At 31st December 2024
21,202.08
385,000.(KI
190,(m.00 $96,202.08
00.00 606 804.04
See Note 10 for Prior Year Adjustments.
NOTE 2:
ENDOWMENTS
The Diocese holds certain funds. the income from which is for the Denefit of the parish.
Cash from these funds is shown In Saints Peter & Paul Graves & Fabric Fund
Original capital sum
OLIVER
For Maintenance of Oliver family graves and
keeping legible their letterin8 and benefit of Ss
Peter and Paul
Snterest held at the Diocese. available to the PCC
CHURCHMAN For fabric and grave maintenance. particularlv
Churchman family £rave.s. Trust deed held at
Diocese. available to the PCC
757
ENDOWMENT MOVEMENT IN VALUATION
Value 2023 £ Value 2024 £
27.503.39
28,901.92
652022
Movement £
1,398.53
31
.24
OLIVER
CHURCHMAN
TOTAL
PaEe 20 of 23

PARISH of OLD FEUXSTOWE PAROCHIAL CHURCH COU14CIL
TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31" DECEMBER 1024
NOTE 3.. DEBTORS
2023 £
2024 £
Other debtors
Prepayments
2,676.00
5,487.00
8,163.00
9.706.23
5,553.79
IS,260.02
NOTE 4: LIA81UTIES FALLING WITHIN ONE YEAR
2023 £
2024 £
Creditors
Accruals
1,759.77
4,208.76
5,968.53
2,911.30
5.716.05
8,627.35
NOTE S: ANALYSIS OF NET ASSETS 8Y FUND for the year ended 31" December 2023- restated
Unrtstrirtedl
Restrirted
Endowrnent
Total É
Deslgnaied
Fixed assets
606,804.04
33,704.37
640,508.41
Current assets
426,793.76
103.752.26
530,546.02
Liab.littes
Net current asset5 le$5 current
liabilitr.es
Total assets less current
liabilines
5.968.53
5.968 53
420,825.23
103.752.26
524,577.49
1.027.629 27
103,752.26
33,704.37 1,165,085.90
Total funds carried forward
1,027,629.27
103,752.26
33,704.37 1,165,085.90
NOTE 6: OPERATING LEASE COMMITMENT5
On 22 August 2019, the church entered into a 5-year operatin8 lease agreement in respect
of a photocopier. This lease concluded on 2 1st Au8ust 2024 and a new lease was entered Into
for 36 months.
The amount oJtstandin8 at 31 December 2024 was as follows..
2023 £
439.1
2024 £
648.00
Within l yeaf
More than l year
Payments recognised as expenditure amounted to £815.9012023.- E879.801
Page 21 of 23

PARISH of OLD FELIXSTOWE PAROCHIAL CHURCH COUNCIL
TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR TME YEAA ENDED 31" DECEM8EA 2024
NOTE 7: PAYMENTSTO INSTITUTIONS & INDIVIDUALS
The PCC made the following donations..
2023
2024
Overseas Mission Fellowship
TEAR fund
Church Pastoral Aid Society
BOOST Felixstowe
The hope Trtsst
1,560.IXI
1.560.¢YJ
1,560.(KI
1,560.LY)
1,560.Tr)
1.52S.00
1.525.(Kl
1,525.00
1.525.Tr)
1.525 00
NOTE 8: GOVERNANCE COSTS
Governance cost5 of E3,630 relate to Independent Examination fees12023. E3,4801.
NOTE 9: POST BAL4NCE SHEET EVENTS
Gafden of Remembrance renovationlrefurbishment was approved late November 2024 at cosi
of £2 1,702 plvs £ I,CQO contingency. The work was not started unlil january 202S and completed
within the same month.
Woik to Oliver and Churchman graves costin8 £1.S¥)8 wa5 approved. An order has been placed with
contractor, but the work is yet to be started.
Healing 5V5tem repair5 lincludin8 pipe replacement) at cost of £5,752 plu5 VAT was approved in
December 2024 and the work was completed In February 2025.
NOTE 10: PRIOR YEAR ADJUSTMENTS- Designated Fund
St Andrew's Hall and land was professionally revalued in November 202 1 at E 190,IYJO. The
written down value broughi forward at l January 2021 was £20,000 resulting In an uplift In value
01 £170,000.
Tanglble
Assets
lpreviouslv
reported)
Tanglble
Assets
Irestatedl
St Andrews
Hall fund
(Previously
reported)
St Andrews
H?11 fund
Irestatedl
At 31 December
2021
E320.LN)O
£490,(
£19.653.93 £189.653.93
Al 31 December
2022
£362,406
£532.406
£20,411.23 £190.411.23
Al 31 December
2023
£436,804 04
£606,804.04
£21,212.00 E191,212.IxI
Pale 22 of 23

PARISH of OLO FELIXSTOWE PAROCHIAL CHURCH COUNCIL
TRUSTEES REPORT AND Fif4ANCIAL STATEMENTS FOR THE YEAR ENDED 31" DECEMBER 2024
Note 9: FUND MOVEMENT- Year ended 31 December 2023- Ire5tatedl
Openini £
Intomin¢ £
ouryo1￿ £
Transfe￿ £
G•insllosses £
Cl￿1￿¢ £
Benefice Fabrl
& Infrastructure
Designated
22.309 45
12.534.311
19,775 14
Organ Fund
Restricted
2.237.1)0
2,314 88
On GoinR
Learnin8
De5i8nated
3,(￿.0)
3,OLX).00
Parlsh Nurslni
Designated
4,046 00
2,131.25
1.91d 75
Pop Up
De%i8nated
1.280.CQ
1,280.(MJ
St Peter & Paul
Graveyard
Lndowment
30,343.50
3,360.87
33.704.37
St Peter & Payl
Graveyard
Dgs.'gnated
16.IXx).(X)
16.OC#)
St Andrews
Fabri¢ &
Infrastructure
Restricted
83.748.71
82.813.38
St Andrews Hau
Fund Ire5tatedl
Dest8naLed
190.411.23
8.047.81
7.402.08
155.04
191,212.LXJ
St Andrews
Hoyse Fund
De51gnated
311,459.06
8.224.34
85,000.00
398.134.72
St P & P Fabrfic
& Infrastruciurt
Res:ricted
StP&P
Streamln8
Dp51gnated
18.624.
18,624 00
43.687.56
14.417.83
2.534.31
31.804 04
General Fund
391,912 62
115,674 44
142.923.40
1155 041
364,508.62
Grand Total
1.114.779.13
137.980_13
176.034 23
88.360.87 1,165,085 90
Pa8e 23 of 23