ST LEONARD'S CHURCH, MIDDLETON
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
BK Plus Limlted
Chartered Certifled Accountants
Sterling House
501 Middleton Road
Chadderton
Oldham
OL9 9LY

ST LEONARD'S CHURCH, MIDDLETON
REPORT OF THE PAROCHIAL CHURCH COUNCIL . YEAR ENDED 31 DECEMBER 2024
Administrative Infomiation
St Leonard's Church is situated In Middleton. It is part of the Diocese of Manchester within the Church of
England and is within the Deanery of Heywood and Middleton. The Parochial Church Council is a charity
registered with the Charity Commission under reference 1147214.
PCC members who have served during the year are:
Incurnbent: The Reverend A M Bailie (ex officio)
Curate: The Reverend F Jackson {ex officio)
The Reverend D E Brooks (ex officio)
Churchwardens: Mr D Brennan (until 26 May 2024)
Mr C Clarke (from 26 May 2024) Miss C J Swailes
Elective Members:
{Deanery Synod)
Mrs C Caltan (until 26 May 2024)
Mrs A Connell
Mrs C Crowther (from 26 May 2024)
Mrs K Hamnett
Mr P Hamnett
Mr G Jennings
Mrs S Jennings
(Deanery Synod)
Rev P Rawlings (from 30 January 2024)
Mr A Slim (Treasurer}
Mrs M Slirn (secretsry) (Deanery Synod)
Mrs D Taylor
Mrs L Woolley
Structure
overnanco mana
emen
ob"ectives and activities
The PCC'S duties and obligations are set out in the Parochial Church Councils (Powers) Measure 1956 (as
amended). The method of appoinknent of PCC members is set out in the Church Representation Rules.
All thurch attendees are encouraged to register on the Electoral Roll and stand for election to the PCC.
St Leonard's PCC has the responsibility of co-operating with the Rector and Assistant Clergy in promoting
in the parish the whole mission of the Church, pastorat, evangelistic, social and ecumenical.
In the opinion of the trustees the objects of promoting justice, equalty. peace and understsnding in the
local community and more widely in socsety is wholly con51Stent with the Charity Commission definition of
"public benefir,.
Achievem
nts and rformance
Although the restrictions that had been in place during the Covid-19 pandemic We￿ progressively
removed. we have retained the pattern of a reduced number of services and we are continuing to see
some growth in congregations with an increased number of families sharing in worship. Although the sale
by auction of the Old Grammar School completed in October 2023. the net sale proceeds continued to be
held by the Diocese pending Charity Commission clearance (which was forthcoming in February 2025).
We are developing increased involvement with our local schools and community.
Electoral roll and church attendance
The Electoral Roll reported to the APCM in April 2024 (2023) was 64 (71) of whom 28 (31) lived in the
Parish an(J 38 (40) outside. The totsl attendancE counted in October 2024 (2023) in accordance with
Church of England Diocesan requirements at all services (induding Ha￿est Festival, School Service and
Baptisms) was 229 (329) adults and 64 {519) children under 16. The average weekly Sunday attendance
(excluding baptisms and school harvest) was 57 adults and 16 children under 16 (2023: 60 and 20
respectively). The totsl number of'attenders, was in the region of 58 adults and 15 children aged under 16
registered for Sunday School (2023: approximately 60 and 20 respectively).

ST LEONARD'S CHURCH, MIDDLETON
REPORT OF THE PAROCHIAL CHURCH COUNCIL . YEAR ENDED 31 DECEMBER 2024 continued
Review of the
ear
The full PCC had 16 (15) members in 2024 (2023) and met 6 (6) times during the year with an average level
of attendance of 13 (11). Committees met between meetings and reports of these meetings were received
by the full PCC. Reports of the mission, ministry and activities of the church and a report from the Rector are
given in a separate report at the APCM and are circulated to all members of the Electoral Roll and other
church attenders.
Financial review
The total receipls on ordinary unrestricted funds were £64.632 (2023: £349.423) whilst receipts on restricted
and endowment funds were £14,181 (2023: £11,927). The significantly higher unrestricted receipts in 2023
reflected two significant bequests and the sale (in October 2023) of the Old Grammar School.
£73,453 (2023 . £95,664) was spent to provide the Christian Ministry from St Leonard's Church, including Ihe
contribution to the diocesan parish share of £22,131 (2023: £43,450) out of £23,000 (£43,450) requested; a
redit of £869 under the DioGesan "Encouragement Scheme" meant that our contributions represented 1000
(1000A) of the total requested. The Parssh Share is a voluntary contribution and not a legal debt, and largely
provides for clergy stipends, housing and pensions, as well as Diocesan and national Church of England
expenses. The Parish Share agreed for the next year is £28,000.
The net result for the year was an excess of ordinary unrestricted expenditure over income of £8,821 (2023:
income surplus £253,759). The overatl result for the year was an modest excess of expenditure over income
of £866 (2023: income surplus £262,855) whilst there was an unrealised gain on investment assets of £3,882
(2023: £14,584).
The balances carried fO￿ard at 31 December 2024 were £286,143 on unrestricted funds, £141,646 on
restricted funds and £232,981 on endowment funds.
Reserves
It is PCC policy to endeavour to rnaintain a balance on unrestricted funds equating to approximately six
months payments to cover situations which may arise from time to time. In addition it is felt appropriate to
build up a further sum to covef propety repairs. maintenance and security. The closing balance of
unrestricted funds equates to nearly four years, worth of anticipated unrestricted spending, boosted as it is by
the net sale proceeds of the Old Grammar School. Plans are being formulated to designate a substsntial sum
to be put towards a planned re-ordefing of the Church.
Approved by the PCC and signed on their behalf by
Rev Alison M Bailie
Chairman
Chair of the Parochial Church Council
Middleton Parish Church
St Leonard's Square
Middleton
Manchester
M24 6DJ

PAROCHIAL CHURCH COUNCIL OF ST LEONARD'S, MIDDLETON
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEPIIBER 2024
Unrestrictéd Restricted Endowment
Funds
Funds
Funds
Total Funds
2024
2023
Note
INCOMING RESOURCES
Voluntary income
2a
45,948
1,412
47,360
103,950
Activities for generating funds
2b
1.857
1,325
3,182
Income from investments
2c
5.113
3,347
8,097
16,557
11,069
Income church activities
2d
8,480
8.480
9,768
Other incomtng resources
2e
3,234
3,234
236,563
TOTAL INCOMING RESOURCES
64,632
6,084
8,097
78,813 361,350
RESOURCES USED
Fundraising costs
3a
Grants
3b
1.865
2,350
4.215
1,405
Actsvities di￿dIY relating to the
work of the Church
3¢
51,844
3,420
55,264
81,323
Churth Management and administration 3d
20,200
20,200
15,767
Transfers between funds
(456)
456
73,453
5.770
456
79.679
98,495
NET {OUTGOING) INCOMING
RESOURCES
(8,821)
314
7,641
{866) 262,855
GAINS1 (LOSSES) ON INVESTMENTS: 5b
598
3,284
3,882
14,584
NET MOVEMENT IN FUNDS
(8,821)
912
10,925
3,016 277,439
BALANCES BROUGHT FORWARD
294,964
140,734
222,056
657,754
380,315
BALANCES CARRIED FORWARD
286 143
141 646
232 981
660 770 657 754

PAROCHIAL CHURCH COUNCIL OF ST LEONARD'S, MIDDLETON
BALANCE SHEET AT 31 DECEMBER 2024
Note
2024
2023
FIXED ASSETS
Tangible Fixed Assets
5a
1,888
664
Investment Assets
5b
173,474
175 362
169,592
170 256
CURRENT ASSETS
Sundry Debtors
Short Term Deposits
Cash at Bank and in Hand
242,475
201,084
46,167
489,726
237,428
191,938
61,567
490,933
LIABILITIES
Creditors falling due within one year
(4,318)
(3,435)
NET CURRENT ASSETS
485 408
487 498
NET ASSETS
8 £ 660770
£ 657 754
FUNDS
Unrestricted
Restricted
Endowment
286,143
141,646
232,981
660 770
294,964
140,734
222,056
657 754
Signed on behalf of the Parochial Church
Council on 25 May 2025
Chair
Churchwarden
Rev A M BAILIE
C CLARKE
Churchwarden
C SWAILES

PAROCHIAL CHURCH COUNCIL OF ST LEONARD'S, MIDDLETON
NOTES TO THE FINANCIAL STATEMENTS TO 31 DECEMBER 2024
ACCOUNTING POLICIES
The financial statements have been prepared in accordance with the Church Accounting Regulations
2006 together with the Statement of Recommended Practice.. Accounting and Reporting by Charities
preparing their acLounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland (FRS 102) issued on 16 July 2014 and with the Charities Act, except that no
depreciation is provided on buildings (note 1). The financial statements have been prepared under
the historical cost convention except for the valuation of buildings and investment assets, which are
shown at market value. The financial statements include ati transactions, assets and liabilities for
which the PCC is responstble in law. They do not include the accounts of other church groups that
owe their main affiliation to another body, nor those that are informal gatherings of church members.
Goin
The accounts have been prepared on the going concern basis.
concern
Funds
Endowment funds are funds, the capital of which must be maintained, only income arising from
investments of the endowment may be used as unrestricted income.
Restricted funds are funds which may only be expended on the specific object for which they were
gtven.
Unrestricted funds are general funds which can be used for PCC ordinary purposes.
Incomin
Resources
Voluntary income
Collections are recognised when received by or on behalf of the PCC.
Planned giving receivable under covenant ts recognised only when received.
Income tax recoverable on covenants or gift aid donations is recognised when received.
Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal
entitlement and the amount due.
Other ordinary income
Rental income from the letting of church premises is recognised when received.
Income fmm investments
Dividends and interest are accounted for when receivable.

PAROCHIAL CHURCH COUNCIL OF ST LEONARD'S, MIDDLETON
NOTES TO THE FINANCIAL STATEMENTS TO 31 DECEMBER 2024
ACCOUNTING POLICIES
cont'd
Incomin
Resources
cont'd
Gains and losses on investments
Realised gains or losses are recognised when investments are sold.
Unrealised gains or losses are accounted for on revaluation of investments at 31 December.
Resources used
Donations
Donations are accounted for when paid over.
Activities directly relating to the work of the Church
The diocesan parish share is accounted for when payable. Any parish share unpaid at 31 December
is provided for in these accounts as an operational (though not a legal) liability and is shown as a
creditor in the balance sheet.
Fixed assets
Consecrated land and buildings and movable church furnishings
Consecrated and benefice property is excluded from the accounts in accordance with s.96(2)(a) of the
Charities Act 1993.
No value is placed on movable church furnishings held by the churchwardens on special trust for the
PCC which require a faculty for disposal since the PCC considers this to be inalienable property. All
expenditure incurred during the year on consecrated or benefice buildings and movable church
furnishings, whether maintenance or improvement, is written off as expenditure in the SOFA and
separately disclosed.
Other fixtures, fittings and office equipment
Equipment used within the church premises is depreciated on a straight line basis over 5 years.
Investments
Investments are valued at market valLJe at 31 December.

PAROCHIAL CHURCH COUNCIL OF ST LEONARD'S, MIDDLETON
NOTES TO THE FINANCIAL STATEMENTS TO 31 DECEMBER 2024 contlnued ..
INCO
INGR
OURCES
Unrestricted Restricted
Funds
Funds
Totsl Funds
2024
2023
a) Vol nta Income
Planned giving .
Gift Aid donations (incl Gift Day)
Tax recoverable
Other
Collections
Donations
Grants
Legacies
Subscriptions
Miscellaneous
19,464
6,437
5,576
7,798
1,197
19,908
6,574
5,576
7,798
2,028
21,902
7,723
5,536
6.010
7,007
330
51,617
137
831
2,000
2,000
3,476
45,948
3,476
47,360
3,825
103.950
1,412
b) Actlvltles for
eneratin
funds
Fund raising
Churchyard stones
952
905
1,857
1,325
2,277
905
3,182
1,325
c) Income from Investments
Dividends and interest
5,113
11,444
16,557
11,069
d) Income from church a
lvl
Hall Lettings
Fees
Organ and bell charges
Bookstall
Magazine
8,280
200
8,280
200
9,386
360
22
8,480
8,480
9.768
e) Other incomln
resources
Churchyard fees
Miscellaneous income
Insurance claims
3,219
15
3,219
2,894
15 233,669
3,234
3,234
236,563
TAL IN
OMIN
RESOURCES
64 632
14 181
78 813
361350
Miscellaneous income in 2023 included net sale proceeds of the Old Grammar School.

PAROCHIAL CHURCH COUNCIL OF ST LEONARD'S.MIDDLETON
NOTES TO THE FINANCIAL STATEMENTS TO 31 DECEMBER 2024 continued ...
RESOURCES USED
Unrestri¢ted Restricted
Funds
Funds
Totsl Funds
2024
2023
a) Fundraisin
Fundraising
costs
b) Grants
Charitable giving
1,865
2.350
4,215
1,405
ities directl
relati
the work of the Church
Mintstry - Parish share
Clergy expenses
Rectory
Church running costs
Utilibes, insurance
Maintenance
Fees to DI0￿Se
Education and Evangelism
Churchyard
Miscellaneous
22,131
22,131
43,450
2,776
2,776
1,997
13,389
5,061
2,608
525
3,925
1,429
51,844
13,389
7.029
2,608
525
5,377
1,429
55,264
13,839
11,207
4,986
1,324
2,033
2,487
81,323
1,968
1,452
3,420
d) Administr
AdminÈstration
Stsff costs
Stationery, copying, ICT
Other
otd Grammar School costs
Legal and professional
Depreciation
14,115
2,409
490
14,115
2,409
490
9,846
2,255
368
1,593
981
724
15,767
2,154
1,032
20,200
2,154
1,032
20,200
Total Ro8our¢ès Used
£ 73909
STAFF COSTS
Wages and salaries
14115 £ 13420
ible Fixed Assots
Freehold
Land &
Buildings Equipment Total
CostNaluation
At 1 January 2024
Addition at Cost
Revaluation
Disposal
At 31 December 2024
10,371
2,256
10,371
2,256
12,627
12,627
Depreciation
At 1 January 2024
On disposals
Charge foi the year
At 31 December 2024
9,707
9,707
1,032
10,739
1,032
10,739
Net Book Value 31 December 2024
31 De￿rnber 2023
1,888
664
1,888
664

PAROCHIAL CHURCH COUNCIL OF ST LEONARD'S, MIDDLETON
NOTES TO THE FINANCIAL STATEMENTS TO 31 DECEMBER 2024 continued ...
5. b) Investments
7,502.33 (2023 . 7,502.33) shares in CBF Investment Fund:
Market value 1 January 2024
Unrealised gainl(loss) on revaluation
169,592
3,882
Market value 31 December 2024
173 474
6. SUNDRY DEBTORS
2024
2023
Amounts due within one year
242 475
237 428
CREDITORS . AMOUNTS DUE WITHIN ONE YEAR
2024
2023
Accruals and Deferred Income
Creditors for Goods and Levies
4,318
3,435
4318
3435
ANALYSIS OF NET ASSETS BY FUND
Unrestrlcted Restricted Endowment
Fund$
Funds
Funds
Total
Fixed Assets
Net Current Assets
1,888
284,255
286,143
26,705
114,941
141,646
146,769 175,362
86,212 485,408
232,981 660 770

PAROCHIAL CHURCH COUNCIL OF ST LEONARD'S, MIDDLETON
NOTES TO THE FINANCIAL STATEMENTS TO 31 DECEMBER 2024 continued ...
FUND DETAILS
(a) The Restricted Funds comprise the Friends of Middleton Parish Church Society, the Friends,
Restoration Fund, the Flow@r Fund, the Charity Fund, the Muhindo Fund, the CUCMUK Fund, and
the Organ Fund.
At 31 December 2024 the balances on the Restricted Funds were, as follows:
Friends Soctety
Flower Fund
Charity Fund
Muhindo Fund
CUCMUK Fund
Organ Fund
133,467
5,955
942
603
67g
141646
(b) The Endowment Funds consist of certain Investments held under two separate trust funds
administered by the Diocesan Board of Finance on behalf of the PCC. At 31 December 2024 the
balances on these funds consisted of:
6,347.39 shares in the CBF Investment Fund
Deposit accounts
146,769
86,212
232 981
10. RELATED PARTY TRANSACTION
The former Parish Administrator, Mrs M Brennan (who retired in June 2024), is the wife of former
Churchwarden, D Brennan (who retired in May 2024). Mr Brennan had taken no part in the decision to
appoint his wife to this position, for which her remuneration in the year amounted to £5,283 (2023:
£9,846>.
10.

PAROCHIAL CHURCH COUNCIL OF ST LEONARD'S, MIDDLETON
INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF THE PCC
I hereby report on the financial statements of the Parochial Church Council of St Leonard, Middleton for
the year ended 31 December 2024 which comprise the statement of financial activities, balan￿ sheet
and related notes. which are set out on pages 3 to 10. This report is in respect of an examination carried
out in accordance with the Church Accounting Regulations 2016 (the Regulations) and section 145 of the
Charities Act 2011 (the 2011 Act),
Respectlve rospon8lbilitles of the PGC and Examiner
As the members of the PCC and as trustees you are responsible for the preparation of the financial
ststements. you consider that an audit is not required for this year under s.144 of the 2011 Act and that
an independent examination is needed. It is my responsibility to examine the accounts under section 145
of the 2011 AGt, to follow the prorAures laid down in the generat Directions given by the Charity
Commission {under section 145{5)(b)) of the 2011 Act and to state whether particular matters have come
to my attention.
Basis of independent èxaminer'8 report
My examination was carried out in accordance with the General Directions given by the Charity
Commission and to be found in Church Guidanc£ 2016 edition. This examination includes a review of
the accounting records kept by the PCC and a comparison of the accounts with those records. It also
indudes consideration of any unusual items or disclosures in the financial statements and seeking
explanations from you as trustees con￿rning any such matters. The procedures ufKlertaken do not
provide all the evidence that would be requtred in an audit, and consequently no opinion is given as to
whether the financial statements present a true and fair view and the report is limited to those rnatters set
out in the statement below.
Independent examinees statsment
I have completed my examination. I can 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:
the accounting records were not kept in accordance with section 130 of the 2011 Act; or
the accounts did not accord with the accounting ￿COrds. or
the a¢￿￿nts did not eomply with the applicable requirements con(￿rnIng the fom 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 fairf, view which is not a matter considered as part
of an independent examination.
I 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 financial ststements to be
Dominic Huxley Bsc AC
BK Plus Limlted
Chartered Accountants
Sterling House
501 Middleton Road
Chadderton
Oldham
OL9 9LY
May 2025
11.