CASTOR WITH UPTON, STIBBINGTON AND WATER NEWTON PAROCHtAL CHURCH COUNCIL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
CASTOR WITH UPTON, STIBBINGTON AND WATER NEWTON PAROCHIAL CHURCH COUNCIL COPUENTS Pages Annual report Independent examiner's report Statement of financial activities io Balance Sheet Nol¢s to the financial statements 12-17
CASTOR WITH UPTON, STIBBINGTON AND WATER NEWTON PAROCHIAL CHURCH COUNCIL ANNUAL REPORT The Parochial Church Council presents the annual report together with the Financial Statements for the year ended 31 December 2024. Aim and purposes Castor Parochial ChuKh Council (PCC) Ihe responsibility of ci)operating with the Rector, the Fr David Ridgeway? in promoting in the ecclesiastical parish, the whole tnission of the Church, pastoral, evangelistic, social, and ecumenical. The PCC is also specifically responsible for the maintenance of St. Kyneburgha ChuKh. Castor., si John the Baptist Church, Upton- St R¢gimus Church. Water Newton, and St. John the Baptist Church. Stibbington as well as the Cedar C¢ntre, Church Walk. Castor. Objectives and Activities The PCC is committed to enabling &% many Fople as possible to worship at our churches and to feel part of our parish community. Th¢ PCC maintains an overview of worship throughout the parish and makes suggestions on how our services can involve many different peopl¢ as possible who live within our parish and beyond. Our services and worship put faith into pra¢tice through prdyer and scripture. musi{ and saerdment. W¢ aim to enable ordinary people to live out their faith as part of our parish community through.. •Worship and prayer- learning about the Gospel. and developing their knowledge and trust in Jesus. Provision of pastoral care for people living in the parish. Missionary and outreach work. To facilitate this worL it is important that we maintaiv& the fabric of our churches and the Cedar Centre Hall. During 2024 there were seven meetings of the PCC. All meetings were condued with most members present. Minut¢s are made &vailabl¢ by the PCC Secretary and are agreed by the PCC at the following meeting. As PCC member5, we each seek to exercise both our spiritual and legal responsibilities seriously and in love. working tO8ber as a teajn to best serve Christ, our Church fellowship, and our community. When needed, we have invited people from our community to join our PCC tlleelings to provide information and advice to assist ihe Council's work. We are Sucky to have a dedicated teatn working on the PCC who all play a valuable role in helping with the smooth running of our Churches. A¢hievements #tsd Performance 2024 was a huge year for us. A 900th birthday to be exactl This year was St Kyneburgha's 900th anniversary. The dedication of the only Kyn¢burgha ¢hur¢h was on the 17th of April 1124. the de carved above the priest's door. Incidentally thi5 is one of the few ancient churches where the exact date of conse¢ration is known. The celebrations started on the same date just 900 years later with a service. refreshments, lÈghting of the beacon and bell ringing. There was a very successful flowcr festival held the previous September which rnised over £S.000 and a SOn versus Viking evening. Th¢ amazing celebrations which we enjoyed during this special anniversary year are the result of much imaginative thought along with a considerable amount of titne and effort contribut¢d by many differenl people over quite a few years. We are truly grateful for all their hard work and talentl I'here were four organisations involved- Ihe church, village hall. CASPRA and the Trust. The monies raised were shared between the church. the village hall and CASPRA. A big programme of events was h¢ld over ihe year culminating Festival Fortnight starting on the 22nd of June. This was in place of our annual St Kyneburgha festival usually held in July. The fortnight was packed with events rinishing off with the big day on our patronal festival day. 6th July with the afternoon Saxon sp)rts day, themed
Aehlevements and Performance continued... stalls, and food and in the evenin& a sperular Saxon Ibiza partyl There really was something for everyone over festival fortnight including a village variety show, a ¢hildren's historical rc-¢nactment. a Beating of the Bounds P8rish walk and a talk from the BBC'S Dr Jonathan Foyle. The celebrations continued Ier into the year with the very popular comic op¢rett4 the'Th¢ Legend of the FloweTS and Brigands" a specially commissioned piece with musi¢ compc>sed by Jon Graham and a libretto by Ian Winfrey. This was crafted with professionalism, care and cornmitment. We have a very g¢nerous community. The eveiil also drew in people from wider afield, including the cast. Many had not been to the church before and were really taken with its be&uly. Some saying that they would come back lo a Sunday servi¢¢. Many thanks to lan Wsnfrey and John Graham for putting this together. It was a real celebration of our building and of St Kyneburgha. An offshoot of the success is thal we now have 5 childrert in the church choir which we should also celebrate. This operetta was perfornicd in the church itself in early October and delighted its audiences. Later in November, the"Work of Many Hands" co112borative textile artwork unveiled in church. Depicting the church and the landscape around lh¢ parish. the artwork is a celebration of 900 years of continuity and community since the foundation of the chuKh in 1124 and will be -njoyed by rnany for years to Gom¢, serving as a wonderful reminder of our celebrations. Bishop John ¢aTne to bless th¢ tapestry on the first Sund&y in December. Finallyi to mark this special annIVeary an l¢on of Si Kyneburgha was commissioned from a local artist Gabrielle Boyle. This was dedicated during the anniv¢rsary service in April and hangs at the front of the nave as a gift to the building from its current community. '¢ ¢ontinue to try and find new ways to fundraise and increase our income. The PCC would like to acknowledge and thank tt]ose people who have worked very hard to fundraise. Som¢ people have continued in familiar roles, and we are grateful for their dedication and hard work. We are also very grateful for the new members who have joined us with fundras5inE this year. We are always delighted to get nem, p¢ople getting involved wiih fresh ideas and enthusiasm. The 900 years celebrations have seen about £6,000 beinE raised for the church with a further £5,000 being raised by the Flower festival as part of this. Our other regu18r fundrnising eNents took place su¢h as the Christmas te sales in December and Julie Taylor's coffee mornings. Finance has always been a challenge for our Benefice as we have four medieval churches lo maintain. In the pt we have relied heavily on fundraising to ¢over our costs and have b¢en just about g¢tting by in Ihis way for a number of years. In the past few years however. we have seen th&t income from regular giving barely covers expenditure. Our treasurer. Amanda Millen. with support from Daniel Fitzjohn, have worked hard lo ensure that costs are &s low as can be. Even though costs are as streamlined &5 they can be. we are budgeted to make considerable loss this year of £17,000. Just like the pt few years, we need to increase income and we know we raise a lot from fundraising already. The 900 years celebrations were seen as an opportunity to sign up to regular contributÈons via the "Parish Giving Scheme" It is an ideal way for people to dc)nate as the church can claim Gift Aid from it and the admin involved is low. The Parish Ange55 were released with gold pin angel badges for those who wanted to take part wilh an information card d¢tLiling the costs involves in running the Church and how we need support. Take up was unfortutwiely low. This has prompted the PCC to look at new ways at encouraging regular donations with the stewardship group now meeting regularly to work on this. The new group is coordinated by David Walker and involving David Edwards. Jo Morris, Daniel Fitzjohn. Steve Grys, Olly Southgate and Michael Samways. We ¢ontinu¢ to have strong links with Castor school. The news from the school been good news this year after & couple of unsettled years. In November Susie Phillips was appointed headteacher and w&s welcomed by the church ¢omEnunity at a Sunday service also in November. Suzie's appointment was hugely celebrating by everyone involved with the school and it is feli that staff 8re now happy and settled and the parent cotnmunily and children are also very happy. The Ofsted inspection in the surnmer delivered a good outcome and the SIAMS inspection (The Statutory Inspection of Anglican and Meihodi5t Schools which &8SteS the way in w,hich the school lives up lo its foundation &8 a Church school) was excellent with the inspector loud in his praise for the schoollchurch relationship. Well done and thank you to everyone involved in particular for Helen BlouldÉon's support her¢.
Aehievements 3nd Performance continued.. We are very grateful lo Chris Murrell and Anne Perkins who continue to do a sterling job making sure we are fully compliant with all thing5 saf¢guarding. They have worked tirelessly making sure that everyone who needs onc has their DBS check completed and receives any training required. This includes all PCC members, b¢ll ringers and Children's Church volunteers- so a loi of people! We are lucky we have a vibrant community of volunteers and people involved in our church community joining all the time, but it is a big task for our safe&Fuarding officers to ensure all che¢ks are in pl¢ and evtryone is kept safe. Chris and Anne have also provided much welcomed support to the safeguarding olficei3 at our B¢nefic¢'s other ¢hurches. This is very important work, and the PCC are very grateful for all that they have been doing. Things are moving forward with the church's national work on Safeguarding. Chris and Anne will be wnTking on introducing the new Benefi¢e Safeguarding Dashboard soon as well &s the Church's new Book of Guidance for Saf¢gu&rding which will hopefully be out in May. One big mcssage from Chris and Anne recently is that safeguarding is the responsibility of all PCC tnembers, not just the safeguarding officers. This is esp¢cialSy important to remind ourselves of &s we enter a period of interregnutn. Worship and Prayer The PCC is keen to offer a range of services during the week and over the eourse of the year which our Community will find both beneficia] and spiritually fulfilling. For example, on Sundays we offer quiei and reflective services at 8.00am each week at si. Kyneburgha's. These are followed by the main sung service with hymns at 10.15am. Seryices also take place in the oth¢r three churches of the parish. Thi5 y¢Ar we have continued to welcome young families inlo our church at Castor especially at ihe Family Eueharist on Ihe first Sunday of the month aftd the FaTnily Praise service on the third Sunday. Our Children's Church team led by Helen Boulton continue their fun and exciling work with our children. Our Children's Church s¢ssions are more popular than ever with us often having 20- 30 children attending these sessions on a Sunday. W¢ are pleased to have had many new f8Thili¢s join us this year. We are proud of our work with children- the sessions are fun and Yibrant and very popular. The suc¢es8 of these sessions has seen the number of young ehildren wanting to make their First Holy Communion in¢re&se. Qoing forward we are nom, in a position to dev¢lop ways of engaging our older children. We did have a popular si K youth group a few years back but unfortunalely this has not run for a couple of years. Our curate Fother Shilo is Currently introducing the youth group starting with a Friday everting pizza and quiz evening at th¢ Cedar Centre re¢ently. We will also be investing in a youth intern to support with our youth service and worship. Th¢ junior choir continues to be popular and well attended. The success of the operetta in October now has a legacy of five children joining the choir in church and singing MS on Sundays which is excellent news. This year in our Benefsce there have been eleven Baptisms. one wedding and one wedding vow renewal service. There have been nine funerals. Deanery Syttod Chris Murrell and Anne Perkins represent the parish on the Peterborough Deanery Synod. 'fhis provides the PCC with an important link between the parish and the wider structures of the church. In 2024 thcre were various meeting5 held by the Synod including a meeting led by Bishop Debbie at The Esnmanuel Church, Werrington in November. Thank you to Chris for r¢presenting Castor and for keeping us infom)ed on all Synod matters. The Deanery Synod are always open to anyone who want5 to attend, and Chris keeps the PCC informed well in advance on where and when these me¢ling are. She also provides summ8ries on speakers and discussions held at th¢ meetings so the PCC can be kept up to date. St Kyneburgha's Church and The Cedsr Centre The PCC are very grateful to the Si Kyneburgha Building Pr¢servaiion Trust for the support they proi'ide in helping to fund repair work. They continue to work tirelessly behind the 5¢enes on th¢ preservation aT)d upkeep of th¢ fabric of our historic church building at St Kyneburgha and itb grounds and also lo raise awareness of the rich and varied history of this itnportant site. The Trust held numerous popular cv¢nts this year including the Saxon we¢kend in July and the operetta held in October. Therc ivere talk5 organised by the Trust in¢luding a talk on Henry I st by Stephen Church and a talk on John Clare by Sam Ward. R¢gular events continued such as the Trust's carols at Milton Hall and the ¢ver-popular Garden Safari evenings. This was a special year for the Trust
St Kyneburgha>s Church and The Cedar Centre ctsntinued. as they gave grafrful thanks to their chairman of the past fourteen yes, Antonia Poun5eit. She steps down after an extraordinary period of growth and achievement in maintaining our church building and raising funds. Antonia has been b¢hind many events that have helped our community to tnake many cherished Memori as well as pttserve our church for fulure communities. Th¢ Trust and the PCC thank her for excellent lead¢rship and skill. Andrew Boulton has kindly agreed to act as tempLirary chairman for onc year. The Cedar Centre Hall adjar¢nt to the church continues to be well used by several ¢ommunity groups. The PCC are very grateful to Tracey Squires for her committnenl and attention to detail lo ensure the smooth day to day running of this facility. Ki was raised by the new stewardship group that we ctsuld be missing opportunities to raise income by not advertising the Cedar Centre as well as we could. This is an area that the stewardship group will wnlinue to investigate. SL John the Baptist Church, Upton This small Grade I listed chur¢h been & Chap¢l of Ease to serve the resident5 of the Hamlet of Upton for many centuries. Regular worsliip before the pandemic took place on one Sunday each month and to mark fegtivttls such as Harvest. Christmas, and Easter. There were aboul 16 services a year held in Upton church before the Covid pandemic in 2021. This year the process of 'closuff' for Upton church progressed further. Upton church is in a poor state of repair and a portion of the Collywe51on Slate the roof has slipp¢d off. Unfortunately, it has not been possible to secure the financial help needed to maintain Upton church, so the PCC had to reinitiate ¢losure plans. The long-term hope is to entrust it to a church cons¢rvation group although this is by no m¢ans a foregone conclusion. It is very much hoped that the building will remain Consecrated as a church and available for a limited number of services each year, plus baptisms, funerals and by special arrangement, weddings. Closure will mean that the financial burden of ¢aring for the building will no longer fall upon the PCC. The notices for closure were placed in the church por¢hes to let the community know of the plans for Upton chur¢h. We are very grateful that ih¢ Fitzwilliam trustees hpAve offered to pay up to £S0.000 to repair the roof. Having the roof repaired may help make the building less of & challenge for the church conservation groups to tske on. It is expected that t]ie process of church closure will be completed by the end of 20?5. St. Remigius Church, WAter P4ewton This Grnde II church is a Chapel of Ease to serve ihe residents of the Hamlet of Water Newton. Approximately six service5 and events take place in the church each year and these are well 5UPPQrted by villagers and those froTn further afield. The church has a Friends group who are actively trying to raise funds to ¢arry out much needed repair work on the building and to help ensure that it can remain open as a place of prayer and meeting spac¢ lor the village. N¢w people ¢onlinu¢ lo get involved with the Fricnds group this year which is great news. Water Newton found Ollt this year that they are eligible for funding for repair work on the roof and guttering which has been need for a while. The Water Newton annual tnusical festival 15 a very pular event which is attended by fpAmilies from all the surrounding village5. 11 went ahead this year on August 25th. 11 will have a break next year but will hopefully return. Water Newion held another successful Harvest Festival service this year. St. John the Baptist Chureh, Sllbbington This Grade Il chur¢h is a Chapel of Ease to serve the residents of the hamlet of Siibbington. Worship takes place al festival occasions.. Patronal Festival in Jun¢, Harvest, Carol SerYi¢e, a Pancake Service and Eucharist on Easter Sunday evening. We are grateful for Charlotte Bradshaw for working &$ church warden at Stibbington this Mlssioll 8nd Evaogelism We consinue to be pmud of our work with children and young families. Our Children's Church is vibrant and extremely well attended. We are very grateful for the fatttastic work of our children's minister. Helen Boulton. W¢ have many very well-attended Sunday children's Church sessions as well as the ever-popular. monthly Family Praise sessions as well as special sessions throughoul the year such as the Good Friday cr&ft session.
Mission and Evgngelism continued... Helen also helps our youngsters prepare for First Holy Communion. Another success from Children's Church 15 the growing number of children wanting to take First Cominunion and we have also ran Confirmation preparation classes this year. This year we paid for a Deanery Youth intern to work with our older youngsters. Fr Shilo ha% set up a new youth group with sessions tsking place on friday evenings throughout the year. We have continued with our ministry to the residents ofihe newly established Castor I,odgc Care Home in the village. A good working relationship with the home now heen tablIshed and regular monthly services now take place there. In addition residents from the home a5s0 attend services in the chur¢h from time to time and we are very grateful to thos¢ who assist with transport for this. We also continve to support those in our lo¢al arca who n¢ed it such &9 our donalions to the Light Project from the Christma5 Post boxes in the yillages as well as doi)ations to the food bank and support for prisoners. Financial Review Total receipts on unrestricted funds were £161,115 of which £90.973 (including Gift Aid) was unrestri¢led voluntary donations. Voluntary donations are essential for the health of our finances and we are very grateful to everyone who donated and to everyone who continues lo donate to our chur¢hes and to those who have signed up to the Parish Giving Scheme this year. A5 donations are our lifeline if you are a regu5ar donor ro the Church, and have noi reviewed your givillg r¢¢ently please may we ask you to Consider whdh¢r you can increase it. Fundraising 2nd other trading activities bought in £39,151 in 2024. A huge Ihank you to all lliose involved in the fuildrSing events throug])out the year as th¢se events and fundraising initiatives make a real difference to our income levels and without those who work tirelessly to deliver them, they wtsuld not happen. Costs for the year from unrestricted funds included £114,890 (spent to provide the Christian ministry from the churches of thc parish including ihe wntribution to the diocesan parish share and largely provides the stipends and housing for the Rector). £19.700 (fundraising costs) and £26,231 on various other expenses. The net result for the Ye was an exce55 of expenses over receipts of £1,006 on unrestricted funds. Unfortun&Éely, this means we have made a loss in 2024 of £1.006 although we did pay ihe Parish Share in full this year. However, we will need ro reYi¢w the finances mid-way through the year and look at whether li will be P0&5ible to pay the Parish Share in full at the end of 2025. We will pay as much as we can without dipping into our reserves. In light of rising costs, it is prudenl to try and maintain the reserves that have been ever de¢re&sing over the last few years. We are hopeful ihat following the s*wardship campaign currently underway regular giving and donations will in¢rease to ellable us lo ¢omfortably meet all our expense5 now and in the future. As always, the Finance Committee has reviewed the budget, taken steps to r¢duce costs where we can and will continue to monitor the situation as we go furward in 2025. Reserves policy The policy is r¢viewed every year. Parochial fees The locally Icvied fees were reviewcd in November. Parochial fees are the fees for weddings and funerals. One set tsf fees is Set nationally, and one set a local fees for facilities we offer to enhance the services we provide. such Organisis bells and choir. We review Ih¢m annually. The lo¢al fees and reviewed figur¢5 are &s follows: The PCC decided lo set the fees as follows: Weddings and Fun¢rals:
The Cedar Centre wedding fees would reTnain at £45 The choir fee was increased to £120 from £1 10 The bell ringing fee for wedding5 was in¢reased to £275 from £250 The bell ringing fee for funerals was increased to £210 from £190 The bell ringing fee at Water N¢wton was in¢r¢as¢d to £120 from £1 l O The organist's fee was increased to £140 from £135. The vergers f¢¢ was incrw¢d lo £70 from £65 Cedar Centre.. The current booking fre is £15 per hour for local bookings and £18 for local business. Outside bookings are £21 per hour li was agreed lo wait until Ihe Village Hall Cotnmittee had finished their discussions as hi51orically the Iwo sets of fe¢s had b¢¢n aligned. Volunteers The PCC would like to thank als the volunteers who work so hard to mak¢ our churches the lively and vibrant communities whi¢h they are. We want to mention our Churchwardens, treasurer. and se¢retary, children's minister &s well as our verger and benefice minIstrator. There is a large team of volunteers who plan, prepare, and run the St Kyneburgha f¢stival. The PCC would like to thank all those involved in planning for the festival and all the new¢omers helping wilh this. Again. we would like to thank all those who are involved with the many fundraising events. We are lucky to be part of a such a talented and creative community. Father David Finally we come to the rector's retirement. In the Autumn, Father David wrote to the bishop infonning him of his intention io retire ¢om¢ th¢ end of May 2025. As¢ension Thursday (May 29th) will be David's last s¢rvi¢e at St Kyneburgha with PA farewell party pled aftenvards in the school hall. David has been with us at C>or for almost ten years now. starting in November 2015. He has seen us through soJne liuge events such as a global pand¢mic and a 900-year anniversary! His guidance has been hugely valuable and truly dppre¢iared by us all. His work with the school has been excellent and he has been very supportive to ihe school staff and loved by the pupils. He has a n&tural affinity with children and knows how to make them laugh 8$ has often been the case during his semjons in Mass. Conversely he under5taTkds grief and how lo Comfort people in their distress, he has been there for our wmmunity al very itnportant times for people. People kr20w he has particular skills with gardcning and has worked as a judge for the RHS and this made him a very welcom¢ mcmber of th¢ local gard¢ner's so¢iety. All thes¢ points illustrate how Tntegrated David has be¢ome with our community plus how much he will be missed! As David himself has reminded us at times of change and sadness over his time here, the whole Christian Gospel is about death and resurrection. Things come to an end and new shoots grow. We wish him well on his new chapter in Durham. We are glad that our curdte , Father Shilo. will rematn with us at this time which will help with Continuity plus also Father Ray is around for advice. The PCC, steer¢d by Michael, are working on redrafting the P8rish Profile which is a document which tells prospe¢tive CldIdateS who w¢ are and whal w¢ do as well as detailing what we would look for in a new rector. Thi5 will be completed 500n and then made available for the PCC and patrons lo look over. Structure* goverDaDce and management The method of appointment of PCC members is set out in th¢ Church Representation Rules. The membership of the PCC consists of the Rector. Chur¢hward¢n% and members ¢lected by those members of the congregation who are on the electoral roll of the church. All those who attend our 5¢rvices are encouraged to regisler on the Electoral Roll and siand for election to ihe PCC.
The PCC members are responsible for making decisions on all matters of general concern and importance to the parish including deciding on how the funds of the PCC are to be spent. Tlie full PCC met seven tim¢s during the year. As there are so many church buildings within the parish the PCC has delegated responsibility for matters relating to St Remigius Church, Water Newton, and St. John the Baptist Cliurch. Stibbinglon lo a District Church Coun¢il whose lemis of referen¢e ar¢ set out in the Parish Constitution. Electoral Roll Th¢ nMberS on the electoral roll are 135 as of April 14ih, 2025. Administrative information Castor Parish is part of the Diocese of Pelerborough within the Church of Eng12nd. The correspondence address is Benefice Office. The Cedar Centre. Church WalL Castor, PE5 7AX. The PCC is a body ¢orporate (PCC Powers Measure 1956, Church Representation Rules 2006) and a charity currently excepted from registration with the Charity Commission. PCC members who have served at any time since the last Annual Meeting are- Ex-officio Members- Rector- Curate Childrens, Minister David Ridgeway Shilo Varhughese Helen Boulton C&opted Members Kell Bailey Amanda Millen B¢n Squires Ele¢led M¢mb¢rs- Two Church Warden5- Elected each year Nadia Stoney Michael Samways St. John the Baptist Upton Deputy Wardens - Elected each year Lyn Bell Claire Harris St. John the Baptist Stibbington Deputy wden$ - Elected each year. Charlotte Bradshaw St. Remigius Water Newton - Elected each year Vacant Thre¢ Deanery Synod Representatives- Elcctcd for a period of three years Due for re-election in 2026 Anne Perkills Chiis Murrell Vacant Twelve OÉher Elected Member5- Elted for a period of three years. Due for re-election in 2025 Jay Winfrey Peter Thompson David Wa]ker Susan Edwards
Due for rB-election in 2026 David Edwards Steve Grys Daniel Fitzjohrt Jo Morris Due for re•¢lection 2027 Elisabeth Brown Julian Burton Ollie Southgat¢ William Baxter Approved by the PCC on and Signed on their behalf by.. The Fr David lkndgeway PCC Chairman Fr David Ridgeway PCC Chaim)an
Independent ExamiDer's Report to the Members of Castor With Upton, Stlbbington and Water Newton Parochial Church Council I report on the financial statements of th¢ PCC for the year end¢d 31 December 2024. which are set out on pages 10 to 17. Respective Responsibillties of Members And Examiner As members of the PCC you are responsible for ihe preparation of the financial statenients. The members Consider that an audit ss not required for this year under section 144(2} of the Charili¢s Ail 2011 (the 2011 Act) and that an independent examination is needed. Ii is my responsibility to: Exarnine the a¢¢ounls urtder section 145 of the 2011 Act. To follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 145(5}(b) of the 2011 A¢t)' and To state whether afty particular matter5 have come to my attention. Basis of Independent examiner's report My examination was carrfted out in accordance with the General Directions given by the Charily Commission. An examination in¢ludes a review of the a¢UtIllg record as kept by The charity and a ¢omparison of the accounts presented with those records. It also in¢ludes consideration of any usual items or disclosures in the accounts, seeking explanations from you as trustees concerning any such maners. The procedures undertaken do not provide all the eviden¢e that would be required in an audit and consequently no opinion is given as to whether ihe a¢¢ounts show &'ttnJe &nd fair view" and the report is limited to those matters set out in the statement below. llldependent examiner's stalem¢nt In conne¢lion wilh my examinatton. no matter has come to my attention.. which gives me reasonable cause lo believ¢ that any in any material respect the requirem¢nis to keep accounting r¢¢ord5 in accordance with se¢tion 130 of the 201 l Act; and to prepare accounts whioh accord with the accounting records and ¢omply with the accounttng requirements of the 2011 Act have not been met. or 2. to whi¢h, in my opinion, attention should be drawn in order lo enable a proper und¢rslanding of the accounts to be reached. Price Bailey LLP 36 Tyndall Court ComEnerce Road Lynchwood Peterborough
PE2 6LR io
CASTOR WITH UPTON, STIBBINGTON AND WATER NEWTOTrI PAROCHIAL CHURCH COUNCIL STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestricted Restricted Total Fund5 Total Funds Fllnds Funds 2024 2023 Note INCOME FROM: Donations and legacies 2(a) 90,973 1,780 92,753 63,611 Other trading activities 2(b) 39.151 39,151 44.667 Income from invesknents 2(¢) 1,581 1,581 1,205 Income from charilabl¢ activities 2{d) 6,559 6.559 7,952 In¢ome from church activities 2{¢) TOTAL INCOME EXPENDrruRE ON: Church activities 3(a) 134,848 731 143.152 116,551 Fundraising costs 3(b) TOTAL EXPENDrruRE NET INCOME BEFORE TRANSFERS (1,006) 1,049 43 (6,348) Transfer between funds NET MOVEIIIENT IN FUNDS (4,626) 4.669 43 (6.348) Total funds brought forward 104 905 325 948 TOTAL FUNDS CARRIED FORWARD The Statement of Financia] Activities includes all gains and losses in the year. All income and expenditure derive from continuing activities.
CASTOR WITH upror4, STIBBINGTON AND WATER NEWTON PAROCHIAL CHURCH COUNCIL BALANCE SHEET AT 31 DECEMBER 2024 Note 2024 2024 2023 Fixed assets Tangible assets 288,827 288,827 Current o$sets Debtors Cash &1 bat and in hand 4,820 3,484 63.053 44,817 Current liabillties Creditors.. amounts falling due within one year Nel eurr¢nt assets Net assets Parish funds Unrestricted funds io 100.279 104,905 liestricted funds io 225 712 221 043 Total funds Approved by the PCC on and signed on its behalf by.. Amanda Millen Treasurer Fr David Ridgeway Rector 12
CASTOR WITH UPTON, STIBBINGTOTr< AND WATER NEWTON PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2024 ACCOUNTING POLICIES The financial statements have been prepared in accordan¢¢ with Accounting and Repr)rting by Ch8rities.' Statement of Recommended Pra¢tice applicable to charities preparing thcir accounts in accordance with the Financial Reporting Standard applicable in the UK 2nd Republic of Ireland (FRS 102) issued in October 2019. the Flllancial R¢porting Standard appli¢abl? in the United KingdoTn and Republic of Ireland (FRS 102), the Church Accounting Regulations 2006 and UK Generally Accepted Practice. The finan¢ia] statements have been prepared to give a'true and fair. view and have departed from th¢ Church Accounting Regulation5 2006 only to the extent required lo provide a 'true and fair view, Thts departure has involved following the Accounting and Reporting by ChartIes. Statement of Re¢ottunended Practice applicable to charities preparing their ac¢ounts in accordance with the Financial Reporting Standard applicable in the UK and Republi¢ of Ireland (FRS 102) issued in October 2019 rather than the Accounting and Reportir]g by Charities.. Statem¢nl of Recommended Pra¢lice effe¢tive from l April 2005 which has since been withdrawn. The financial statements are prepared on a going ¢on¢ern basis under the historical c05t convention. The Financial stal¢tnents include a]1 transactions, assets and liabilities for which the PCC 15 responsible in law. They do not include the accounts of church groups that owe their main affiliation lo another body. nor those that are infornial gatherings of ¢hurch members. Upton, Stibbington Water Newton PCC In 2009 Upton Church joined with Castor Church and in 2015 Stibbington Church and Water Newton Church joined. The fin8ncia] statements in¢lude a]1 trans&¢lions relating to ihese churches sine¢ the date of the mergers. Funds Resiriciedfurtds represent (L) income from trusts or endowments which may be expended only on those rcstricfrd objects provided in the terms of the trust or bequest, and (b) donations or grants received for a specific object or TTtvited by the PCC for a specifi¢ object. The funds may only b¢ expended on the specifi¢ object for which they were given. Any balati¢e remaining unspent at ihe end of each year must be carried forward AS a balance on that fund. The PCC does not usually invest s¢parately for each fund. Where there is no separate investnienL interest Is apptsrtion¢d lo individual fund5 on an average balance b&sis. Unr¢strictedfdS are genera] funds which can be used for PCC ordinary purpose& Income Planned giving* collections and donations are recognised when received. Tax r¢funds are recognised when the illcoming rcsource to which they relate is received. Grants and legacies are accounted for when the PCC És legally entitled to the amounts due. All other income is recognised when it is receivable. All incoming resourc¢s are accounted for gross. 13
CASTOR WITH UPTON, STIBBINGTON AND WATER NEWTON PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) YEAR ENDED 31 DECEMBER 2024 ACCOUNTING POLICILS (corftINUED) Expenditure Grants and donations are accounted for when paid over, or wheTE awarded. if that award creat¢s a binding or ¢onstructive obligation on the PCC. The diocesan parish share is accounted for when due. All other expenditure is generally reeogniged when it is incurred and is accounted for gross. Fixed 485ets Fixed a55ets are stated cost. The ¢os15 of minor additions or those costing below £1,000 are not capitatised. No depreciation is provided on land and buildings as the residual value exceeds ¢05t and any depreciation charge is d¢¢med immaterial. INCOME ON: Ullrestrieted Restri¢ted Funds Funds Total 2024 Total 2023 2(8) DOIYATIONS AP4D LEGACIES Colleclions Donations Grants 12,795 72,189 12,795 73,969 9,575 50,347 1.780 2{b) OTHER TRADING ACTIVITIES Events - SUMer Festival et¢ Magazine sales and advertising Sales of candles and post¢ards 38.483 10 658 38.483 10 658 44,377 10 2(¢) INCOME FROM INVESTMENTS Bank interest re¢eived 2(d) INCOME FROM CHARITABLE ACTIVITIES Cedar Centre 2(e} INCOME FROM CHURCH ACTIVITIES Wedding and funeral fees Bells, organ and choir fees 13.236 13.236 615 10.361 14
CASTOR WITH UPTON, STIBBINGTON AND WATER NEwfoN PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) YEAR ENDED 31 DECEMBER 2024 EXPENDITURE ON: Unrestricted Restrlcled Funds Funds Total 2024 Total 2023 3(a) Church Activities Charitable giving.. DEC Ukraine Appeal Light Project Peterborough Nene Valley Care Trust Nakuru Children's Project 100 600 600 100 600 600 300 600 600 Christian ministy- Diocesan Parish share Church running and maintenance Rector's expenses Sacristy and vestments Churchyard expenses Music expenses Parish admin costs Mis¢¢llaneous 59,016 59.016 38.500 22,989 4,412 4.478 5.227 433 13,764 231 23.220 25.906 4,412 5.441 4,478 4,428 5,227 5,240 433 630 13.764 13,213 4571 0 115 121 231 Other." Diocese fees Parish magazine Costs Cedar Centre expenses School expenses Bells, organ and ¢hoir expenses Youth work AGcountancy (in¢. prior under-provision) Guide books 6,111 6.111 4,772 7,830 548 9,643 7,830 548 9.643 500 1.844 255 7.530 243 7,364 500 1,844 25 1,630 500 3(bl Fvndralsing costs Event expenses L5
CASTOR WITH UPTON. STIBBINGTON AND WATER NEWTON PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS (coNfINUED) YEAR ENDED 31 DECEMBFR 2024 STAFF COSTS AND NUMBERS No staff are employed by ihe PCC. PA YMENTS TO PCC MEMBERS During the year payments were mad¢ lo Jo Morris and Amanda Millen, PCC members. as remunerdtion for their roles. Reimbursemenr of PCC exp¢ns¢s were also made lo these members. TANCIBLE FIXED ASSETS IADd and Bttildings Cost: At l January 2024 Additions 288.827 At 31 December 2024 Accumulated depreciation: At l January 2024 Charge for the year At 31 D¢¢ember 2024 Net book value: At 31 Deccmber 2024 At l January 2024 16
CA.STOR WITH UPTON, STIBBINGTON AND WATER NEWTON PAROCHIAL CHURCH COUNCIL NOTES TO THE FINAf+lCIAL STATEMENTS (CONTINUED) YEAR ENDED 31 DECEMBER 2024 DEBTOILS: 2024 2023 Tax recoverable Other debtors and prepayments Total 2,899 2.483 2024 2023 CREDITORS: Amounts falling due wiihin on¢ year Other creditors and accruals ANALYSIS OF NET ASSETS BETWEEN FUNDS Unrestrieted Restricted Funds Funds Total Tangible fixed setS Curr¢nl assets Current liabilities 76,123 50,045 212,704 13.008 288.827 63,OS3 Net assets at 31 D¢cember 2024 10. MOVEMENT IN FUIYDS Funds Transferl Expenditure 31 December 2024 l Jaouary 2024 Income Restricted funds: Cedar C¢ntre Goodyer Grave Youth worker Youth Club Special Projects Stibbington Church restoration Books Project Water Newton Upton Church 212.704 226 3.805 240 112 2,430 1,399 212,704 226 3.305 240 112 2,430 1,399 3.620 (500) 3,620 231 127 Toral restricted funds 17
CASTOR WITH UPTON, STIBBINGTON AND WATER NEWTON PAROCHtAL CHURCH COUNCIL NOTES TO THE FINAIYCIAL STATEMENTS (CONTINUED) YEAR ENDED 31 DECEMBER 2024 10. MOVEMENT IN FUNDS (contijiued) Funds Transferl Oulgoillg 31 December Resotsrces 2024 l Janmary 2024 Incomiug Resources Unrestricted funds: General ndS Major repairs fund 90.905 155,495 (162.121) 84,279 Total unrestricted funds Purpose of restricted funds: Cedar Centre.. This is a fund lo mwntsin and further develop the Cedar CentiE lo support th¢ work of the Council. Goodyer Grave.. This fund is for the maintenance of graves. Youth Worker.. This fund is to cover the youth worker for 3 years. Books Project: During 2018 a donation was received from the publishers of 'The Five Parishes, and it was request¢d that the fund be used by the church on its own publications. Stibbington Church Restoration= During 2016 £3.000 was received from The Headley Trust towards the costs of restoration works to be undertak¢n ai Siibbington Church. A further £2.000 was received in 2022. W8t¢r Newton: A fund io just be used for Water Newton Church from a Water Newton vat reclaim in 2022. Upton Chur¢h'. A fund for the repair of the church roof. 18