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2024-12-31-accounts

TRUSTEES ANNUAL REPORT & FINANCIAL STATEMENTS

FOR

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CAVERSWALL STOKE-ON-TRENT Charity Reference Number 1142709

FOR THE YEAR ENDED 31[ST] DECEMBER 2024

TAR 2024: The Parochial Church Council of the Ecclesiastical Parish of Caverswall, Stoke-on-Trent

The PCC of the Ecclesiastical Parish of Caverswall

Contents Page
Introduction and Report from the Vicar 2
Trustees Annual Report 4
Independent Examiner’s Report 16
Statement of Financial Activities 17
Balance Sheet 18
Notes to the Financial Statements 19

1

TAR 2024: The Parochial Church Council of the Ecclesiastical Parish of Caverswall, Stoke-on-Trent

INTRODUCTION: The Parochial Church Council of the Ecclesiastical Parish of Caverswall is responsible for the whole mission of its two Churches; St. Peter’s and St. Andrew’s.

St. Peter’s Church is situated in the village of Caverswall in the Staffordshire Moorlands. It is a pretty, medieval Church building, enlarged and adapted over the centuries, with a written record of Incumbents dating back to 1230. It is popular for Weddings and Baptisms, seats approximately 160 people, and has a small kitchen and toilet area and a bell tower that was restored in 2008.

St. Andrew’s Church is located in Weston Coyney, Stoke-on-Trent and was built and dedicated in 1984, with the aim of serving the communities there, within whose boundaries the Church is situated. It is a modern building, with a seating capacity of approximately 200 people. Within the building is also a Centre which comprises a hall, large kitchen, toilet facilities and a smaller kitchen, plus a number of smaller rooms and office space. The Parish Office is based there, and the Centre and small rooms are hired by local Community groups and are in almost constant use throughout the week.

St. Peter’s have fortnightly services and St. Andrew’s, weekly on Sunday mornings, but they operate closely as a Parish Community with many shared events, activities and administrative arrangements. They work together with All Saints Church (the Parish of Dilhorne) as a United Benefice, with one Incumbent for the three Churches. The Benefice is in the Cheadle Deanery, the Archdeaconry of Stoke-upon-Trent, and the Diocese of Lichfield (Church of England).

TAR Vicars’ Report 2024

In all of my ministry I have wanted to see growth in the Church in two forms... Firstly, growth for us as Church family in growing our faith and trust in God, and growth in our living for him as imperfectly as we will, but desiring to grow more like the Lord Jesus in our actions and our thinking. Then, secondly, to see growth in numbers in our Church family, where faith is again growing in new individuals and new families coming to share in the worship life of the church and in taking that growing faith out into the realness of life!

To achieve those things requires effort from all that are committed to our churches to prayerfully work together to see growth in themselves, and to put on events where we can ‘rub shoulders’ with community, family and show that Christianity is a living thing that drives our imaginations and actions in a thrilling way!

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TAR 2024: The Parochial Church Council of the Ecclesiastical Parish of Caverswall, Stoke-on-Trent

Sunday by Sunday, our worship in all three Churches has been powerfully led, with leaders and preachers helping us struggle with the Word, because living as Christians is not the easy option, but it is the BEST option for life! That worship has been helped awesomely by musicians and music groups across the two parishes, and I thank them for their talent and commitment in all they do! But behind the scenes there are so many people who commit to serving the different churches and helping them to happen each week.

When it come to new faith growing amongst us, we are seeing that happening. I thank God that families and individuals are giving our Churches a go, and finding, not only the warmest of welcomes, but finding God being honoured and struggled with Sunday by Sunday. So, we are seeing growth in numbers, but, of course, I want more!

When it comes to ‘shoulder rubbing’, we have had a number of great events over the last year or so. The ‘Peace Dove Initiative’ was powerful, and involved Church, schools, community art groups and individuals. The displays in each church were amazing and very moving, and Bishop Matthew, who came to all three Church displays, opened the open day with scripture and prayer planned separately for each church.

We have had a wonderful Ceilidl in Dilhorne led by our wonderful All Saints Worship Group. We’ve had 5th Sunday events like the Ketchup Events at All Saints, then Open Doors in the summer at St. Peter’s. Different ways of showing and sharing the life of the Church family! Brilliant!

Cornerstone singers were at St. Andrew’s for a concert at the beginning of November.

November 17[th] 2024 was celebrated with a service at St. Andrew’s Church marking 40 years since it was built. It was great to see a number of people who had been involved with the church over the years.

There were two people with us who were involved with the planning and building, Robert Carter was our Curate and Andrew Capper was the Architect. Jim Carr was our Vicar at the time who with Robert guided us through the process.

A great time was had by all.

So what of the year ahead! Well, who knows!? People are imagining and planning all sorts of different events, so that ‘rubbing shoulders’ will continue and we pray that all that we do together will grow our personal faith more, and we’ll continue to see new faith growing in new members of our churches as well.

To the glory of God! Revd Mike Newbon - VICAR

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TAR 2024: The Parochial Church Council of the Ecclesiastical Parish of Caverswall, Stoke-on-Trent

Trustees’ Annual Report

For the Year ended 31[st] December 2024

The Parochial Church Council of the Ecclesiastical

Parish of Caverswall, Stoke-on-Trent

Charity Reference Number 1142709

1. REFERENCE AND ADMINISTRATION DETAILS

(Registered July 2011).

Parish Office: Tel.: 01782 312570. Email: caverswall382@btinternet.com.

Web-site: www.allsaintsstandrewsstpeters.chessck.co.uk

c) Current PCC Members:

1
2
3
4
5
6
7		 Trustee name Office (if any) Dates acted if not for
whole year
Revd Mike Newbon Vicar (Ex officio)
Elizabeth Beardmore Co-Vice-Chair, Churchwarden,
Standing Committee Member, also
Elected Lay Representative
Christine Lomax Co-Vice-Chair, Churchwarden,
Standing Committee Member, also
Elected Lay Representative
David Beardmore Local Lay Minister (Permission to
Officiate) Elected Lay Representative
Terry Bagguley Local Lay Minister (Permission to
Officiate), Deanery Synod
Representative (Ex-officio)
Janette Wilkinson Deanery Synod Representative
(Ex-officio)
Yvonne Bagguley Elected Lay Representative,
Treasurer, Standing Committee
Member, Gift Aid Secretary

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TAR 2024: The Parochial Church Council of the Ecclesiastical Parish of Caverswall, Stoke-on-Trent

8
9
10
11
12
13
14
15
16
17
18
19		 Trevor Barnacle Elected Lay Representative,
Treasurer Assistant, Standing
Committee Member
Helen Cartlidge Elected Lay Representative
June Bunn Elected Lay Representative
Maureen Virgo Deanery Synod Representative
(Ex-Officio)
Gillian Fullwood Elected Lay Representative
Safeguarding Coordinator
Katrina Fitzpatrick Elected Lay Representative
Joy Hall Elected Lay Representative
Safeguarding Assistant
Alan Hawkins Elected Lay Representative
Mary Hull Elected Lay Representative
Mike Lomax Elected Lay Representative
Josie Podmore Local lay Minister and Ex-Officio
Vanessa Collis Elected Lay Representative
PCC Secretary

d) Name and Address of Bankers & Independent Examiner : Caverswall PCC holds its business current account with Lloyds Bank plc, Fountain Square, Hanley, Stoke-on-Trent. A holding business current account is also held with Natwest Bank, Market Street, Longton, Stoke-on-Trent, which is used for the receipt of wedding, funeral and burial fees, which are then allocated monthly to the relevant parties (Lichfield Diocesan Board of Finance, Caverswall PCC or Dilhorne PCC). Two investment accounts are also held with the Church of England Central Board of Finance (CBF). The Independent Examiner for Caverswall PCC is BK Plus Chartered Certified Accountants, Stoke-on-Trent.

2. STRUCTURE, GOVERNANCE AND MANAGEMENT

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TAR 2024: The Parochial Church Council of the Ecclesiastical Parish of Caverswall, Stoke-on-Trent

Risk Management: Risk Management is an item that is continually under review, and matters which are regularly considered and for which policies are in place, include:

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TAR 2024: The Parochial Church Council of the Ecclesiastical Parish of Caverswall, Stoke-on-Trent

The Parish of Caverswall is insured with Ecclesiastical Insurance Office PLC, which provides full cover for the two Churches.

In terms of the management of risk, a CCTV System is in place and maintained at St. Andrew’s Church, and the building has annual inspections of fire extinguishers. A security alarm system is also in place.

St. Peter’s Church also has annual inspections of fire extinguishers, and has a security alarm system, which includes an independent roof alarm.

Safeguarding is under constant review, and Confidential Declarations and Disclosure and Barring Service (DBS) applications were made for volunteers who required these as part of their role. Safeguarding training (to the appropriate level) is also required where necessary. Decisions on who should complete a Confidential Declaration, have a DBS check or undertake safeguarding training and at what level, are made in accordance with the Churches’ Safeguarding Policy, which is based on guidelines issued by the Diocese of Lichfield. The Benefice Safeguarding Policy was reviewed and updated in September 2019, and adopted across the Benefice. The PCC believe that they have fulfilled their duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have due regard to House of Bishops’ guidance on safeguarding children and vulnerable adults).

3. OBJECTIVES AND ACTIVITIES

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TAR 2024: The Parochial Church Council of the Ecclesiastical Parish of Caverswall, Stoke-on-Trent

The Churches are also reliant upon the generosity of the Church community, in financially supporting the Churches and their activities.

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TAR 2024: The Parochial Church Council of the Ecclesiastical Parish of Caverswall, Stoke-on-Trent

4. ACHIEVEMENTS AND PERFORMANCE

a) Regular Worship Services and Average Sunday Attendance:

In September, following a trial period, and after conversations with Bishop Matthew and both PCCs, a new service pattern was adopted. The details are shown below:

1stSunday 9.30am St Peter’s Holy
Communion		 11.00am St Andrew’s Morning Praise
2ndSunday 9.30am All Saints Holy
Communion		 11.00am St Andrew’s Morning Praise
3rdSunday 9.30am St Peter’s Holy
Communion		 11.00am St Andrew’s Morning Praise
4thSunday 9.30am All Saints Morning
Praise		 11.00am St Andrew’s Holy Communion
5thSunday Individual churches decide upon service/initiative

There were also fortnightly Holy Communion services on Wednesdays at 10.00am alternating between St Peter’s and All Saints.

Bishop Matthew preached at both Advent 1 services.

ST PETER’S CHURCH Adult Child Under 16
Average Sunday Attendance 2024 38 3
Adult Child Under 16
Worshipping Community 2024 42 4

Services at both St Peter's and St Andrew's included Holy Communion and Service of the Word, with All-Age services at the latter.

ST ANDREW’S CHURCH Adult Child Under 16
Average Sunday Attendance 2024 58 6
Adult Child Under 16
Worshipping Community 2024 65 7

On Good Friday there was an Hour at the Cross at St Peter’s, and on Easter Sunday, a 10.00am Prayer and Praise service at St Andrew’s, and Dove making with Afternoon Tea at St Peter’s.

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TAR 2024: The Parochial Church Council of the Ecclesiastical Parish of Caverswall, Stoke-on-Trent

St Andrew’s hosted a Remembrance Service which was incorporated into the 11.00am service.

Attendance at key seasonal services included:

EASTER St Peter’s St Andrew’s
Easter Eve/Day Attendance 0 86
Easter Eve/Day Communicants 0 71
CHRISTMAS St Peter’s St Andrew’s
Christmas Eve/Day Attendance 0 38
Christmas Eve/Day Communicants 0 0
Carol Service Attendance 135A 15C 47A 14C
School Carol Service 55A 115C 18A 222C

The St Peter’s Carol Service was, as ever, very well received and children from St Peter’s School, together with a community choir, made it a joyous occasion. Mulled wine and mince pies were as welcome as ever!

On Christmas day there was an 11.00am Christmas Praise service at St Andrew’s.

Both churches hosted School Carol Services which were very well received.

Baptism: We welcome baptism requests from parent’s resident within the Ecclesiastical Parish, or who have a connection with St Peter’s or St Andrew’s Church, and adults who wish themselves to be baptised. All candidates (or their parents in the case of a child) are required to attend Baptism Preparation, which is usually one session. Dates for Thanksgiving (in the case of a child) and Baptism are offered during Preparation, and confirmed after completion. Child candidates are required to have at least two Godparents, who must themselves have been baptised. Adult candidates may wish to have a Sponsor. In the case of baptism for a child or young person under the age of 18, consent is required from all those with parental responsibility.

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TAR 2024: The Parochial Church Council of the Ecclesiastical Parish of Caverswall, Stoke-on-Trent

Marriages: In order to qualify for marriage by Banns in the Parish, and in accordance with the legal requirements for marriage in the Church of England, both bride and groom must be British or EEA citizens. In addition, at least one must have an existing connection with Caverswall (or Dilhorne Parish, combined due to its operating as a United Benefice with a Bishop’s Instrument in place for the three Churches) under the Marriage Measures Act 2008. If the couple are not resident in the Parish, a certificate of banns reading will also be required from their local Parish Church. Further advice is sought from Church of England guidelines and the Diocese with regard to other legalities, for instance, where a common or special licence may be required. If either of the couple have been previously married, they must complete and return the Church of England’s ‘Marriage in Church after Divorce’ document, for the Vicar’s consideration.

Funerals: Funerals at the Churches, Crematorium or graveside are usually referred to the Parish by the Funeral Directors assisting the family, at which point the details regarding the deceased are confirmed with the Benefice Office.

At the heart of all of this was the need to support mourners at the most challenging of times, and the loving care of Reverend Mike Newbon and our Lay Ministers Terry Bagguley and David Beardmore.

Burials: The Parish has an open Churchyard in Caverswall, which also contains a Garden of Remembrance section. If a person lived outside the Parish at the date of death and is not on the Electoral Role, they can be buried into an existing family grave if there is space, but not into a new space in either the Churchyard or Garden of Remembrance. The only exception is if the person was resident in a care or nursing home outside of the Parish at the date of death, but immediately prior to moving there, they were resident in the Parish.

The Summary Statistics for Occasional Offices during 2024 were as follows:

2024 Statistics Summary St. Andrew’s
St. Peter’s
Baptisms 12 3
Thanksgivings 0 0
Confirmations 0 0
Marriages 2 0
Funerals in Church 21 2
Full Funeral at Crematorium or Cemetery 4 0
Civic Service 0 0

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TAR 2024: The Parochial Church Council of the Ecclesiastical Parish of Caverswall, Stoke-on-Trent

‘Caverswall Bell Ringers’ at St Peter’s: a weekly practice and fellowship group for bell ringers of all ages and abilities, from Caverswall and elsewhere; St. Peter’s also usually hosts a number of Bell Ringing events and visitors during the year. Our very experienced member Bernie, is training our new ringers for which we are very grateful.

‘Foodbank Distribution Centre’ at St. Andrew’s: the eleventh year of working with Stoke on Trent Foodbank, as a Distribution Centre operating on Friday afternoons throughout the year. The Distribution Centre normally feeds approximately 1800 people each year which equates to feeding 35 people each week. We currently have 15 active volunteers who work on a rota basis. While most of the volunteers are drawn from across the three churches in the United Benefice, some are non-church goers from the surrounding area.

‘Open Doors’ at St Peter’s: Summer 2024 marked the eleventh season of Open Doors at St. Peter’s. We had lots of wonderful comments from visitors. The cakes and refreshments were plentiful and delicious. We offered “proper” coffee from the coffee machine. It is impossible to count the number of visitors at these events, but they proved extremely popular. Visitors gave generously.

‘Bereavement Friendship Group’: Meets at St Andrew’s on the first Monday of the month 10.30-12.00pm, in conjunction with the Beth Johnson Foundation. A friendly and caring support group for those who have been bereaved.

‘Railway Club’ at St Andrew's: meeting Monday night’s 7.30 - 9.30pm, a social group for train enthusiasts with two club layouts in 'n' and '00' gauge. Contact Phil Hull or the Church Wardens for further information. Railway club had their first Open Event which was a great success, they also always help with any fayre which takes place within St Andrew’s Church when raising funds.

An Alpha Course also started in the Autumn and attracted 40 plus people on some occasions

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TAR 2024: The Parochial Church Council of the Ecclesiastical Parish of Caverswall, Stoke-on-Trent

St Andrew’s Church has good links with the four local primary schools in Weston Coyney (Parkhall Academy, Crescent Academy, Weston Coyney (Infant and Junior) Academy), who all visit St Andrew’s for occasional end-of-term services, Special events and educational visits.

g) Other External Contacts

The Parish Office maintains links with local funeral directors, and with memorial masons. The Caverswall Bell Ringers have strong links with the local and National Association of Change Ringers.

5. FINANCIAL REVIEW

The Treasury team (Yvonne Bagguley, Treasurer and Trevor Barnacle, Treasurer Assistant) ensure that the charity keeps proper accounts and they review its financial performance. They draw up and review budget and monthly management accounts to ensure robust and effective financial controls. They regularly report the state of financial matters to the Finance Committee and at PCC meetings, and liaise with the Independent Examiner in producing the Endof-Year Accounts.

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TAR 2024: The Parochial Church Council of the Ecclesiastical Parish of Caverswall, Stoke-on-Trent

a)

Account Summary and Reference The detailed results for the year are disclosed in the Statement of Financial Activities.

The total unrestricted Incoming resources for the year were £95,746 (2023: £94,070). Of this, income from planned giving was £43,792 (2023: £42,623).

Collections made at all services (open plate) totalled £6,924(2023: £5,660)

Various donations totalled £1,909 (2023: £2,987) There was no gift day appeal during 2024 or 2023. The gift aid tax recoverable on all applicable receipts totalled £9,907 (2023: £9,735). Fees retained by the parish from weddings and funerals amounted to £16,350 (2023: £15,438). Special events income £130 was for Christmas greetings. The gross amount of income from centre lettings was £10,293 (2023: £11,253)

The total resources expended from Unrestricted Funds was £94,548 (2023: £76,766), of which the Diocesan Common Fund contribution amounted to £29,962 (2023: £29,374). The church property costs include the allocated expense of the centre which totalled £9,043 (2023: £8,361) The Churchyard expenses £9,293 (2023: £2,547) includes mowing costs £5,960 and £2,880 for removal of a tree that had partly blown down.

The Parish’s giving for the year to Christian Charitable Works amounted to £2,996 (2023: £2,960). In addition to this amount, £995 (2023: £1,715) was paid from special collections and appeals.

The net incoming funds for the year on Unrestricted Funds totalled £1,198 (2023: £17,304) increasing the balance carried forward at 31 December 2024 to £73,809 (2023: £72,611).

Restricted incoming resources totalled £8,877 (2023: £25,757) and are analysed in the notes to the accounts, Note 2. Special Events income £2,529 (2023: £3,796) includes Christmas Fayre etc £1,277, Open Doors £902 and sale of Cards £350. Sundry Donations £853 include £229 from the Cornerstone Concert that was performed to raise funds for the Food Bank charity and £75 from the Trussell Trust for the benefit of the Food Bank volunteers.

Restricted outgoing resources totalled £13,292 (2023: £17,583) and are analysed in the notes to the accounts, Note 3. The repairs and maintenance total £10,482 Includes St Peter’s heating pump £1,600, St Andrew’s cladding and roof repairs £7,860. Repairs & painting the Cross on top of St Andrew’s roof £588 Building & electrical inspections £770

All restricted incoming and outgoing resources allocated to the various restricted funds are disclosed in the notes to the accounts, Note 8.

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TAR 2024: The Parochial Church Council of the Ecclesiastical Parish of Caverswall, Stoke-on-Trent

b)

Policy on Reserves: The PCC wish to maintain a balance of unrestricted funds which equates to at least one month’s unrestricted payments, or at least £10,000, to cover emergency situations that may arise from time to time.

It is the policy of the PCC to invest surplus funds as they see fit.

c) Members’ Responsibility for the Financial Statements: Charity law requires

members to prepare financial statements for each financial period, which give a true and fair view of the state of affairs of the PCC and of the surplus or deficit for that period. In preparing those financial statements, the members are required to:

The members are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

6. TRUSTEES DECLARATION

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees:

Reverend Mike Newbon

Chair of Trustees

Dated: 11[th] April 2025

15

Independent Examiner's Report to the trustees of The PCC of the Ecclesiastical Parish of Caverswall

I report to the trustees on my examination of the accounts of The PCC of the Ecclesiastical Parish of Caverswall (the Trust) for the year ended 31 December 2024, which are set out on pages 17 to 25.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

K R Salt (FCCA) Dated : 24th April 2025 BK Plus Limited Chartered Certified Accountants Adventure Place Hanley Stoke on Trent ST1 3AF

16

The PCC of the Ecclesiastical Parish of Caverswall Statement of Financial Activities for the year ended 31 December 2024

Notes
Funds
£
Incoming resources
Donations & Legacies
2a
62,532
Charitable Activities
2b
16,350
Other Trading Activities
2c
10,493
Income from Investments
2d
2,314
Other Income Resources
2e
4,057
Total incoming resources
95,746
Resources expended
Fundraising Costs
-
Mission Giving & Donations
2,996
Church Activities
3a
33,788
Church Expenses
3b
40,700
Management & Administration
3c
16,542
3d
522
Total resources expended
94,548
Net (outgoing) / incoming
resources before transfers
1,198
Transfers
Gross transfers between funds
8
-
Net movement in funds
1,198
Reconciliation of funds
Total funds brought forward
72,611
Total funds carried forward
73,809
Unrestricted
Church Building Facility Improvements		 Restricted
Funds
£
4,603
-
2,529
1,683
62
8,877
200
995
-
11,083
-
1,014
13,292
(4,415)
-
(4,415)
58,028
53,613		 2024
Total
£
67,135
16,350
13,022
3,997
4,119
104,623
200
3,991
33,788
51,783
16,542
1,536
107,840
(3,217)
-
(3,217)
130,639
127,422		 2023
Total
£
81,421
15,438
15,939
3,288
3,741
119,827
439
4,675
32,394
32,602
15,202
9,037
94,349
25,478
-
25,478
105,161
130,639

The statement of financial activities includes all gains and losses recognised in the year.

The notes on pages 19 to 25 form part of these accounts.

17

The PCC of the Ecclesiastical Parish of Caverswall Balance Sheet as at 31 December 2024

Notes
Tangible assets
5
Total fixed assets
Stock of goods for resale
Debtors and prepayments
6
Balance at bank
Balances at Central Board of Finance
Cash in hand
Total current assets
Liabilities
Creditors: amounts falling due within one
year
7
Net current assets
Total assets less current liabilities
Creditors: amounts falling due after more
than one year
Net assets
The funds of the charity:
Restricted income funds
8
Unrestricted income funds
General funds
9
Total charity funds
Current assets
Fixed assets for use by the charity		 -
5,322
46,581
80,671
275
132,849
7,253		 2024
£
1,826
1,826
125,596
127,422
-
127,422
53,613
73,809
127,422		 80
9,360
47,880
76,604
1,747
135,671
6,088		 2023
£
1,056
1,056
129,583
130,639
-
130,639
58,028
72,611
130,639

The financial statements were approved by the trustees on the date shown below and signed on their behalf by:

Rev. M. Newbon

Date:

17th April 2025

18

The PCC of the Ecclesiastical Parish of Caverswall Notes to the Financial Statements for the year ended 31 December 2024

1 Accounting policies

Basis of preparation of accounts

The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

The trust constitutes a public benefit entity as defined by FRS 102

Fund accounting

Restricted funds comprise two elements:-

a) Income from trusts or endowments which may be expended only on those restricted 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 specific object. 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 forward 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.

Unrestricted funds are income funds which are to be spent on the PCC's general purpose.

Incoming resources

Planned giving, collections and donations are recognised when received. 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. Dividends are accounted for when receivable, interest is accrued. All other income is recognised when it is receivable. All incoming resources are accounted for gross.

Resources expended

Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC. The diocesan parish share is accounted for when due. Amounts received specifically for mission are dealt with as restricted funds. All other expenditure is generally recognized when it is incurred and is accounted for gross.

19

The PCC of the Ecclesiastical Parish of Caverswall Notes to the Financial Statements for the year ended 31 December 2024

Tangible fixed assets

Consecrated and benefice property of any kind is excluded 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.

Items acquired since 1 January 2000 have been capitalised and depreciated in the accounts over their currently anticipated useful life on a straight-line basis at the following rates.

Church Equipment 20% straight line basis Office Equipment 20% straight line basis Furniture & Fittings 15% straight line basis Garden Equipment 15% straight line basis

20

The PCC of the Ecclesiastical Parish of Caverswall Notes to the Financial Statements

for the year ended 31 December 2024

2 Incoming resources

2a
Donations and Legacies
£
Planned giving:
Gift aid donations
30,401
Other planned giving
13,391
Collections (open plate) at all services
6,924
Sundry donations
1,909
Gift aid recoverable
9,907
Grants
-
Legacies
-
Other voluntary receipts including special appeals
-
62,532
2bCharitable Activities
Unrestricted
£
Fees received
18,471
Less: paid out
(2,121)
16,350
Church course receipts
-
16,350
2c
Other Trading Activities
Unrestricted
£
Special events
130
Printing and photocopying
70
Centre lettings
10,293
10,493
2d
Income from Investments
Unrestricted
£
CBF interest
2,314
2e
Other incoming resources
Unrestricted
£
Contribution to parish expenses:
All Saints Dilhorne
4,045
Miscellaneous
12
4,057
Unrestricted		 £
2,265
510
226
853
566
-
-
183
4,603
Restricted
£
-
-
-
-
-
Restricted
£
2,529
-
-
2,529
Restricted
£
1,683
Restricted
£
-
62
62
Restricted		 2024
£
32,666
13,901
7,150
2,762
10,473
-
-
183
67,135
2024
£
18,471
(2,121)
16,350
-
16,350
2024
£
2,659
70
10,293
13,022
2024
£
3,997
2024
£
4,045
74
4,119		 2023
£
30,336
14,575
5,660
8,973
10,047
9,500
-
2,330
81,421
2023
£
18,323
(2,885)
15,438
-
15,438
2023
£
4,470
216
11,253
15,939
2023
£
3,288
2023
£
3,666
75
3,741

21

The PCC of the Ecclesiastical Parish of Caverswall Notes to the Financial Statements for the year ended 31 December 2024

3 Resources Expended

3a
Church Activities
Unrestricted
£
Diocesan common fund
29,962
Clergy expenses
3,370
Training
456
33,788
3b
Church Expenses
Unrestricted
£
Youth & children's activities
-
Church celebration expenses
1,774
Church courses
-
Outreach & community expenses
-
Upkeep of services
282
Advertising
567
Church property costs:
Insurances
4,377
Repairs and maintenance
8,033
Gas and electricity
5,744
Cleaning materials
2,268
Cleaner's wages
7,332
Sundries
517
Depreciation
513
Churchyard expenses
9,293
40,700
3c
Management and Administration
Unrestricted
£
Secretarial salary and pension
10,090
Telephone and internet costs
1,061
Bank charges
482
Equipment leasing
1,051
Printing, stationery and postages
1,962
Payroll fees
232
Accountancy fees
1,098
Gifts
75
Sundries
28
Subscriptions
463
16,542
3d
Unrestricted
£
Disabled toilet
522
Food bank store room
-
522
Church building facility improvements		 Restricted
£
-
-
-
-
Restricted
£
172
-
196
233
-
-
-
10,482
-
-
-
-
-
-
11,083
Restricted
£
-
-
-
-
-
-
-
-
-
-
-
Restricted
£
469
545
1,014		 2024
£
29,962
3,370
456
33,788
2024
£
172
1,774
196
233
282
567
4,377
18,515
5,744
2,268
7,332
517
513
9,293
51,783
2024
£
10,090
1,061
482
1,051
1,962
232
1,098
75
28
463
16,542
2024
£
991
545
1,536		 2023
£
29,374
3,020
-
32,394
2023
£
-
725
383
-
298
96
4,149
8,687
6,166
1,822
6,708
615
406
2,547
32,602
2023
£
9,177
1,152
411
1,051
1,530
227
1,066
123
25
440
15,202
2023
£
9,037
-
9,037

22

The PCC of the Ecclesiastical Parish of Caverswall Notes to the Financial Statements

for the year ended 31 December 2024

4 Staff Costs

Staff Costs
2024 2023
Salaries: £ £
Cleaner 7,332 6,708
Secretarial 9,978 9,091
Employers Pension Contributions 112 86

5 Tangible fixed assets

Church
Equipment
Cost
As at 1 January 2024
41,242
Additions
599
Disposals
-
At 31 December 2024
41,841
Accumulated depreciation
As at 1 January 2024
40,186
Disposals
-
Charge for the year
384
At 31 December 2024
40,570
Net book value
At 31 December 2024
1,271
As at 1 January 2024
1,056
6
Debtors: amounts falling due within one year
Gift Aid - General Fund
Gift Aid - Restricted Funds
Lettings
LDBF Vicarage Decorating Account
Tax & National Insurance recoverable
CBF Interest Due
Prepayments		 Office
Equipment
£
12,520
539
-
13,059
12,520
-
108
12,628
431
-		 Furniture
& Fittings
£
3,560
145
-
3,705
3,560
-
21
3,581
124
-		 Garden
Equipment
£
465
-
-
465
465
-
-
465
-
-
2024
£
1,797
474
468
1,558
-
958
67
5,322		 Total
£
57,787
1,283
-
59,070
56,731
-
513
57,244
1,826
1,056
2023
£
5,661
263
1,054
1,245
35
1,027
75
9,360

23

The PCC of the Ecclesiastical Parish of Caverswall Notes to the Financial Statements for the year ended 31 December 2024

7
Creditors: amounts falling due within one year
Parish expenses and accruals
Fees received in advance
Lettings received in advance		 2024
£
6,073
1,100
80
7,253		 2023
£
5,153
855
80
6,088

8 Restricted funds

The movements on the restricted funds of the charity were as follows:

Specific Donations
Lay Worker Fund
Building Fund - St.Andrew's
Disabled Toilet Fund
General Fund - St.Peter's
Caverswall Parish Outreach &
Community Fund
Restoration Fund - St.Peter's
Clock Winder & Kitchen
Alterations Fund
Vicarage Fund
Food Bank Fund		 2023
Balance
£
-
2,605
6,794
469
1,600
4,906
29,694
10,509
554
897
58,028		 Incoming
resources
£
183
352
3,948
-
-
138
935
2,917
80
324
8,877		 £
183
172
8,630
469
1,600
974
252
200
-
812
13,292
Resources
expended		 Transfers
£
-
-
-
-
-
-
-
-
-		 2024
Balance
£
-
2,785
2,112
-
-
4,070
30,377
13,226
634
409
53,613

Transfers

No transfers between funds were made during the year.

9 Unrestricted funds

General fund
Total unrestricted funds		 2023
Balance
£
72,611
72,611		 Incoming
resources
£
95,746
95,746		 £
94,548
94,548
Resources
expended		 Transfers
£
-
-		 2024
Balance
£
73,809
73,809

All funds are considered adequate to meet their intended purposes.

24

The PCC of the Ecclesiastical Parish of Caverswall Notes to the Financial Statements for the year ended 31 December 2024

10 Analysis of net assets between funds
£
Fund balances as at 31 December 2024 are represented by:
Tangible fixed assets
1,826
Stocks on hand
-
Debtors and prepayments
5,322
Bank Balances & CBF Deposits
73,639
Cash in Hand
275
Creditors:
Amounts falling due within one year
(7,253)
Amounts falling due in more than one year
-
Total net assets
73,809
Unrestricted
funds		 Restricted
funds
£
-
-
-
53,613
-
-
-
53,613		 Total
funds
£
1,826
-
5,322
127,252
275
(7,253)
-
127,422

11 Commitments

There were no commitments for capital expenditure at the year end.

At the year end the charity was committed to making the following payment under non-cancellable operating leases in the year to 31 December 2024. The future minimum lease payments are as follows:

Not later than one year
Later than one year and not later than five years
Later than five years		 2024
£
1,051
1,577
-
2,628
Plant &		 2023
£
1,051
2,628
-
3,679
Other

25