## **Treasurer’s Report to the BJBSB PCC on the Finances for Year ending 31 December 2024** 

Attached is the Independent Examiners report on the financial records that have been kept on behalf of the PCC for Burton Joyce, Bulcote and Stoke Bardolph for the year ending 31[st] December 2024. 

Also attached is the Balance Sheet and Financial Statement for the year. More detailed costs are available upon request. 

There has been a slight decrease in giving, both planned and collections. Church attendance has remained fairly static. The church made an increase in its Parish Share, and there has been a small decrease in church and premises lettings. As a result of this years results, Parish Share has been reduced, and a view will be taken towards the end of the year on the final figure. 

The results of the above give a decrease in unrestricted income of circa £6,000, and a similar increase in unrestricted costs. The net result is a reduction of circa £17.5k in unrestricted funds. 

Designated funds (chair fund) has seen an increase of £5,000. Invested Restricted Funds held in shares have fared worse than last year and interest rates are stronger and therefore deposit accounts have done better. As a result, expenditure has marginally exceeded ‘income’ on Restricted funds. 

In total, the balance sheet has reduced by circa £13.5k. 

Despite the church continues to have the ‘feel good’ factor that breeds optimism going forward, although continued economic ‘turbulence’ will impact us all in the year ahead. 

The treasurer is grateful for the help received from David Sheath for his continuing assistance. Also to Jo Foster for her support and advice. We wish her well in her ‘retirement’ from Trustee life. Thanks as well go to Chris Slack for his work in examining and reporting on the accounts. Chris has promptly set about examining the reports for the first time, and we are grateful for his input. 

-Richard Rowe Treasurer BJBSB PCC 



**PAROCHIAL CHURCH COUNCIL OF BURTON JOYCE WITH BULCOTE AND STOKE BARDOLPH** 

## **Financial Statement for the Year Ended 31 December 2024** 

|**Receipts and Payments Accounts**<br>**Unrestricted Designated Restricted**<br>**TOTAL**<br>**RECEIPTS**<br>**Funds**<br>**Funds**<br>**Funds**<br>**2024**<br>**Voluntary Receipts:**<br>**£**<br>**£**<br>**£**<br>Planned Giving<br>21,378<br>21,378<br>Collection at Services<br>6,441<br>6,441<br>All other Giving / Voluntary receipts<br>1,730<br>5,000<br>6,730<br>Gift Aid Recovered<br>4,428<br>4,428<br>**33,977**<br>**5,000**<br>**-**<br>**38,977**<br>**Activities for Generating Funds**<br>Donations<br>750<br>750<br>Investment income<br>15,633<br>15,633<br>Share value movement<br>2,331<br>2,331<br>Church activities / Hall Lettings<br>14,013<br>14,013<br>Other Receipts<br>-<br>-<br>-<br>**14,763**<br>**-**<br>**17,964**<br>**32,727**<br>**TOTAL RECEIPTS**<br>**48,740**<br>**5,000**<br>**17,964**<br>**71,704**<br>**PAYMENTS**<br>**Church Activities**<br>Diocesan Parish Share Contribution<br>50,540<br>50,540<br>Ministry and Staffing Costs<br>262<br>262<br>Church Running Costs<br>9,039<br>7,592<br>16,631<br>Premises Running Costs<br>2,131<br>1,666<br>3,797<br>Mission Giving<br>-<br>-<br>Insurance<br>3,996<br>1,332<br>5,328<br>Cost of Generating Funds<br>282<br>282<br>Licence Fees<br>-<br>683<br>683<br>General Costs inc church structural repai<br>96<br>7,625<br>7,721<br>**TOTAL PAYMENTS**<br>**66,346**<br>**-**<br>**18,898**<br>**85,244**<br>**RECEIPTS over PAYMENTS**<br>**(17,606)**<br>**5,000**<br>**(934)**<br>**(13,540)**<br>**2024**|**2023**|
|---|---|
||**Unrestricted Designated Restricted**<br>**TOTAL**<br>**Funds**<br>**Funds**<br>**Funds**<br>**2023**<br>**£**<br>**£**<br>**£**<br>23,851<br>23,851<br>7,359<br>7,359<br>1,258<br>1,258<br>4,990<br>4,990|
||**37,458**<br>**-**<br>**-**<br>**37,458**<br>153<br>153<br>10,201<br>10,201<br>8,781<br>8,781<br>14,883<br>14,883<br>2,000<br>2,000<br>-|
||**17,036**<br>**-**<br>**18,982**<br>**36,018**|
||**54,494**<br>**-**<br>**18,982**<br>**73,476**|
||42,460<br>42,460<br>178<br>178<br>6,450<br>3,324<br>17,248<br>27,022<br>3,013<br>3,013<br>-<br>-<br>3,761<br>1,301<br>5,062<br>256<br>256<br>127<br>127<br>4,214<br>4,214|
||**60,459**<br>**3,324**<br>**18,549**<br>**82,332**|
||**(5,965)**<br>**(3,324)**<br>**433**<br>**(8,856)**|





## Independent examiner's report to the trustees of the Parochial Church Council of St Helen's, Holy Trinity and St Luke's. 

I report to the trustees on my examina1on of the accounts for the year ended 31 December 2024. 

## Responsibili*es and basis of report 

As the Charity's trustees you are responsible for the prepara1on of the accounts in accordance with the requirements of the Chari1es Act 2011 ('the Act'). 

I report in respect of my examina1on of the Charity's accounts carried out under sec1on 145 of the 2011 Act and in carrying out my examina1on I have followed all the applicable Direc1ons given by the Charity Commission under sec1on 145(5)(b) of the Act. 

## Independent examiner's statement 

The gross income exceeded E25,000, necessita1ng a review and was less than E250,000 and so the Receipts & Payments method of accoun1ng (rather than the Accruals method) has been used. 

posi1on at 31.12.24 is summarised as follows. I am sa1sfied that the financial statements present an accurate view of the Churches' financial posi1on at the end of the year and the financial ac1vi1es during the year. No material maPers have come to my aPen1on. Furthermore, I am sa1sfied that the Church's finances present a going concern and that outstanding liabili1es can be met from funds. 

The unrestricted fund stands at £23 k, of which £l5k is "set aside" as an opera1onal reserve to be used as a last resort. 

I have copied the reports into this document below so as to avoid any altera1ons to this independent report. 



|**BURTON JOYCE WITH BULCOTE AND STOKE BARDOLPH PCC**|**BURTON JOYCE WITH BULCOTE AND STOKE BARDOLPH PCC**|**BURTON JOYCE WITH BULCOTE AND STOKE BARDOLPH PCC**|**BURTON JOYCE WITH BULCOTE AND STOKE BARDOLPH PCC**|||
|---|---|---|---|---|---|
|||||||
|**Financial Statements for the Year ending 31. December**|||**2024**|||
|||||||
|**Balance Sheet at 31 December 2024**||||||
|||||||
||**2024**||**2023**||**Movement**|
|**CURRENT ASSETS**|**£**||**£**||**£**|
|**CCLA**||||||
|HolyTrinityDriver Trust Shares|92,295.60||90,421.20||1,874.40|
|HolyTrinityDaw’s Trust Shares|11,561.35||11,302.65||258.70|
|HolyTrinityDriver Trust Deposit|125,276.75||116,553.66||8,723.09|
|HolyTrinityDaw’s Trust Deposit|16,964.98||24,868.88||-7,903.90|
|St Helen’s Driver Trust Deposit|26,722.59||32,830.37||-6,107.78|
|St Helen’s Extension Trust Deposit|63,322.09||65,892.64||-2,570.55|
|Chancel Shares|402.57||393.56||9.01|
|Chancel Deposit|260.31||236.71||23.60|
|**Bank Accounts**||||||
|No 1 Nat West Bank Account|8,853.64||11,176.27||-2,322.63|
|No 2 Nat West Bank Account|9,723.66||13,057.46||-3,333.80|
|Less Funds held in No.2 a/c 'Owed as Agent'|(7,430.41)||(5,240.64)||-2,189.77|
|**TOTAL NET ASSETS**|**347,953.13**||**361,492.76**||**-13,539.63**|
|||||||
|**PARISH FUNDS**||||||
|Unrestricted|23,344.54||40,949.69||-17,605.15|
|Restricted|319,608.59||320,543.07||-934.48|
|Designated funds held in No. 2 a/c|5,000.00||-||5,000.00|
|**TOTAL FUNDS**|**347,953.13**||**361,492.76**||**-13,539.63**|
|||||||
|||||||
|**NOTE:-**||||||
|**Residual Restricted and Designated Funds Money held in No 2 A/C**||||||
|HolyTrinityDriver Trust|-796.34||-197.95||-598.39|
|HolyTrinityDaws Trust|-3402.09||-9540.97||6,138.88|
|St Helen’s Driver Trust|-3957.50||-7850.36||3,892.86|
|St Helen’s Extension Trust|-9041.72||-6068.02||-2,973.70|
|St Helen’s Church Chair Fund|5000.00||0.00||5,000.00|
|St Helens Co-opToddler and CommunityFund|0.00||1700.70||-1,700.70|
|**Total**|**(12,197.65)**||**(21,956.60)**||**9,758.95**|
|||||||
|**PARISH FUNDS values have been adjusted to reflect the above**||||||





|**PAROCHIAL CHURCH COUNCIL OF BURTON JOYCE WITH BULCOTE AND STOKE BARDOLPH**|**PAROCHIAL CHURCH COUNCIL OF BURTON JOYCE WITH BULCOTE AND STOKE BARDOLPH**|**PAROCHIAL CHURCH COUNCIL OF BURTON JOYCE WITH BULCOTE AND STOKE BARDOLPH**|**PAROCHIAL CHURCH COUNCIL OF BURTON JOYCE WITH BULCOTE AND STOKE BARDOLPH**|**PAROCHIAL CHURCH COUNCIL OF BURTON JOYCE WITH BULCOTE AND STOKE BARDOLPH**|**PAROCHIAL CHURCH COUNCIL OF BURTON JOYCE WITH BULCOTE AND STOKE BARDOLPH**|**PAROCHIAL CHURCH COUNCIL OF BURTON JOYCE WITH BULCOTE AND STOKE BARDOLPH**|**PAROCHIAL CHURCH COUNCIL OF BURTON JOYCE WITH BULCOTE AND STOKE BARDOLPH**|**PAROCHIAL CHURCH COUNCIL OF BURTON JOYCE WITH BULCOTE AND STOKE BARDOLPH**|**PAROCHIAL CHURCH COUNCIL OF BURTON JOYCE WITH BULCOTE AND STOKE BARDOLPH**||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||
||||||||||||
|**Finan**||**cial Stateme**|**nt for the Year Ended 31 December 2024**||||||||
||||||||||||
||||||||||||
|**Receipts and Payments Accounts**|||**2024**||||**2023**||||
||||||||||||
|||**Unrestricted**|**Designated **|**Restricted**|**TOTAL**||**Unrestricted **|**Designated **|**Restricted**|**TOTAL**|
|**RECEIPTS**||**Funds**|**Funds**|**Funds**|**2023**||**Funds**|**Funds**|**Funds**|**2023**|
|**Voluntary Receipts:**||**£**|**£**||**£**||**£**|**£**||**£**|
||Planned Giving|21,378|||21,378||23,851|||23,851|
||Collection at Services|6,441|||6,441||7,359|||7,359|
||All other Giving/ Voluntaryreceipts|1,730|5,000||6,730||1,258|||1,258|
||Gift Aid Recovered|4,428|||4,428||4,990|||4,990|
|||**33,977**|**5,000**|**-**|**38,977**||**37,458**|**-**|**-**|**37,458**|
||||||||||||
|**Activities for Generating Funds**|||||||||||
||Donations|750|||750||153|||153|
||Investment income|||15,633|15,633||||10,201|10,201|
||Share value movement|||2,331|2,331||||8,781|8,781|
||Church activities / Hall Lettings|14,013|||14,013||14,883|||14,883|
||Other Receipts|-|||-||2,000|||2,000|
||||||-|||||-|
|||**14,763**|**-**|**17,964**|**32,727**||**17,036**|**-**|**18,982**|**36,018**|
||||||||||||
||**TOTAL RECEIPTS**|**48,740**|**5,000**|**17,964**|**71,704**||**54,494**|**-**|**18,982**|**73,476**|
||||||||||||
||||||||||||
|**PAYMENTS**|||||||||||
|**Church Activities**|||||||||||
||Diocesan Parish Share Contribution|50,540|||50,540|42,460||||42,460|
||Ministryand StaffingCosts|262|||262|178||||178|
||Church RunningCosts|9,039||7,592|16,631|6,450<br>3,324|||17,248|27,022|
||Premises RunningCosts|2,131||1,666|3,797|3,013||||3,013|
||Mission Giving|-|||-|-||||-|
||Insurance|3,996||1,332|5,328|3,761|||1,301|5,062|
||Cost of GeneratingFunds|282|||282|256||||256|
||Licence Fees|-||683|683||127|||127|
||General Costs inc church structural repa|96||7,625|7,721||4,214|||4,214|
||**TOTAL PAYMENTS**|**66,346**|**-**|**18,898**|**85,244**||**60,459**|**3,324**|**18,549**|**82,332**|
||||||||||||
||**RECEIPTS over PAYMENTS**|**(17,606)**|**5,000**|**(934)**|**(13,540)**||**(5,965)**|**(3,324)**|**433**|**(8,856)**|





I would like to thank Richard Rowe for his help and for presen1ng a clear, accurate and well documented set of accounts. 

Signed: (by e mail) _C J Slack_ 

Name: Christopher James Slack (A.A.T.) Address: Fackley Co?age, 3 The Park, Teversal, NoDnghamshire, NG17 3JW Date: 21.4.25