Charity rggistrydt wmber: 1149175 The Parochial Church Council of the Parish of Holy Trinity Exeter Annual Report and Finanaal Statements for th8 Year Ended 31 DeGemb8r 2024 '// WESTCOTTS ¢wARTSPED *ceuuNTAM¥S
Thg Parochlal Church Councll of the Parlsh of Holy Trinity Exeter Contsnts (continued) Referenc6 and Administrative DetaNs Tru5tses' Rewxt 2to6 Independert Examlnef8 Raport Recelpts arbj Panents Account statemerrt of Assets and knabilitigs Not85 to the Fin8ndaJ Ststements 10t017
The Parochlal Church Councll of the Parish of Hoty Trlnlty Exeler Raference and Administratfve Details Trustees.. Reverend Jonny Emn. Chair Karen Silcox. Treasurer lan Powell Dr Claire Cl¢xl8 Joanne Brown Jon Paul Hedge Ruth Ma>Ve11 Paul Johnson stephanie MacLeod Naomi Chapman Nathan Upchurch lapwinled 23 Apdl 20241 Philippa Houthln lappolntad 23 April 20241 Anna cirfford (appointed 18 Novembar 20241 Jonathan Portpr Goff {aprK)inled 6 July 2024) SIu8rt Mitchell (appointed 23 Aprfl 20241 Ollie Osborn Iresvjned 25 Decernber 20241 Chris Harrfs {resvJnèd 23 April 20241 Chartty Regl8tratlon Numbèr 1149175 Princlpal Offic• 23 Coupgr M88dows Clysl Heath Exeter EX2 7TF Independent Examlngr westtt3 ISWI LLP 47 Boutport Street Bamstaplg Devon EX31 1SQ Pag¢ 1
The Parochlal Church Council of the Parish of Holy Trlnlty Exeter Trustees. Report Structure Governanc• and Management Trinity Church Parochial Church Council (the PCC} is 3 body corporate IPCC Powers Measure 1956. and the Church Representation Ru* 20221. Even though the PCC is an exempted charily it has voluntarily reglstered with the Charity Commission. The method of apptxnlrnent of PCC members is Sel out in the Church Representstlon Rules. The Council comprises Ihe Incumbent. the Churthwarden5, thos8 elected lo the Deanery Synod, and other m8mbers are ele¢led at th8 Annual Parochlal Church meeb.ng by Ihose on the Electorgl Roll. Mernbers of the congregation are always encouraged to In th8 Electoral Roll, and to consider standing for elèction to the PCC. rhe PCC members are responsible for making decislons on all wnatters of general concern and pcrtancg Sn the parish. and for 311 financial m."Jtters. The fvll PCC met six Ilmes during the year. Given its wide responsibilities, the PCC has a number Ot sub committees, each dealing with Particular aspect of parish life. Thése are." Fèllowship and community engagement IFACEI. Children's & Youth Work. Finan¢e. AdmSnislralTon and Ir. Glob21 Misslon. Each report to the fvll PCC, with th minutes of their meetings. We also have a nominalgd Safeguarding Officer (Ruth Maxwelll and a Health and Safely Officer (Stuart MitEhelll. Jonathan Porler Goff manages Ihe arrangements wth the schools w8 hire for our church seNi¢e8. Trlliity Church is part of the Diocese of Exeter. Objèctiv•s and A¢tivitl Th8 PCC has the responsibilrty of ¢ooperating with the Incumbent, the Rev'd Jonny Ervin, in promoting in Ihe eccleslastical parish, the Who mission of the Church. pastoral. evangellstic. stsrAal and ecumenical. Al Trinity our strapline is 'Knowing Christ and makin9 Christ known.. This shapes and directs all that we - whether teaching and fellowship or outreach lo our community. The PCC and Ineumbenl work together with Ihe church family to this end. The PCC is co¥nmitted to enabling as Fnany people as possible lo woiship at our Church. 8nd to become part of our parish family. When planning our activrtie5. the PCC has considered the Chanty Commission'5 guidance on public benefit. 8nd rticulartY the specific guidanco on charlli68 lor the advancement of religion. Our services and worship put fallh into practice through prayer and scripture music and sacrament. We try lo enable ordinary people lo live out their faith as part of our parish ramily. throuoh.. . Worship and prayer.. leaming abotst Ihe Gospel and developing their kmwledge 8nd trust in Jesu5. . Provision of pastoral care lor peoplè living in the parbsh.. and . Mission and outreach work. It 15 3ppropri8te lo record our thanks to all those volunteers who have contiibuled to church lite over the last 12 months. P¥ge 2
The Parochial Church CounGiI of the Parish of Holy Trinity Exeter Trustees, Report (continued) A¢hievement and Porformanc• Worshlp and Prny We have continued to offer 3 s8¥wice8 eath Sunday - 9am al Trfnlty Sthool. 10.30am at Cly31 Heath SGhool and 7pM at Trinily S¢hcx)l. The 9am congregation sees now p80ple coming on a regular basis. mostly through contattts at Trinity 8¢hool. This is one r83son why Rev'd Jonny Elvin priorilises leadlng the weeY school assemblle8 there. The 10.30am servicè and 7pm 'Dig Deeperf service have had sleady numbers. This year we declded, in the light of our care and capacity reviews. that there woukl be no èvening services eilh8r SKI& of each half lerm or end of tem and they would not happen during the school summer hdi¢ayE. We ¢onlinue to stream on Youiubg the 10.30am service each Sunday. enabling us lo connect with those rggulars wtto lor v8fKJUS ie8son5 can'l make il lo church. 11 has olso enabled us to serye wider friends and family in Ihe UK and overseas. From lime lo time. we have had joint all age servlces 01 the fir51 Sund8y of lh8 monlh. On sunda we run 6 children's groups- 3 al each moming congr8g8liDns. The Strong Roots groups for &11 al Trinity SchoK)I has seen large numbers ol new children wming. All this takes a g81 deal of effort. and wa ale grateful to tha teams who wort( tirelessly behind the sc6ngS to make Ihe Sunday seNices and childran's and youth work happen throughout the year. We are very thankful lo G(xY for the teams involved and Iheir deep commitment lo the well-being of ihe church f8mily and the servlGe ol God In 2024 we covere¢J Ihe following in our Sermon series: AM.. Romans 1-11, Exodus, Luke 22-24, Mark 14 81?d in Ihe run-up to Christmas a series In Luke's gospel fo¢using on the story of John the Baptist PM= Two talks on a polllcal persp8Ctive on IsTaellGaza from Pèter Turnpenny, a Lenl series 'Sun)rised by Hope. based on Tom Wrighl's book of the same name. tsyo sermons on the issues of immigration and abortion, a series called 'Walking wilh others, led by Ollia Osbom, a sede5 on Psal 23 led by Rev d Joiiny Evlln and during Advent Ollie look us Ihr(xJgh a series on tha retum of Chri$L alled 'Bright pe for tomorrow. The Rev'd Jonny Elvln is particularfy gral•ful for the amaZ7g lepm of preachers who help u5 week by week. Their drliggnce and I$0M has been a 98t blessing for us as a church family. We have continued to run our rnonthty church prayer me8bng on the first Tuesday ol each month. Tho past year has bean an encouraging one in lerms of numbers attending and the depth of prayer offered. We see It as Indlcalive of our dependence on God. Church Pgrsonnel and Wider Church Mattars. On Christmas Day 2024 we said goodbye to our curate Ollie Osbom. He is le8ving us lo lake up the lola of Vicar of St. Patrick's Wallinglon In Southwaik Diocese. He has been such 8 blessing to us ovèr Ihe past 3'A y8ars and we shall miss him and Ihe family very muoh. We are Ihankful lo God that the DioGese have agreed that W8 can have a new curate from summer 2025. Toby Humphreys, CAJffently a student with Sl. Mellilus will take up the appoinlment. Curscies wlll now be a year shorter, meaning thal Toby wll only be wfth us for ben 2 and 3 year5. Page 3
The Parochial Church Council of the Parlsh of Holy Trlnlty Exeter Trustees. Report (contlnued In 2024 Rl. Rev. Dr. Mik& Harrison was appointed as the 72nd Blshiw of Exeter. succeeding Rt. Rev. Robert Atsvell. who haé served as DK)¢esan Bishop from 2014-2023. The Rev'd Jonny Elvin and the PCC maintain a IradlliDnal view of marrkgge and conl(nu¢ to take a(on lo support Ihls viewpoint through the Church of England. Dia¢è8an and Deanery Synod A member of Trinity Church, Jonalhan Porter Goff was electéd to Diocesan Synod In July 2024. Any porson 818c lo DicKesan Synod also aulcvnalically becomes a member of their Deanery Swod and Iheir PCC. Diocgs8n Synod meets 2-3 times per year and members preSeTrts the vrews of Ihe Deanery Synod and the PCC on which Ih8y 511. Four member5 of Trinity ChurGh PCC (lan Powell. Sleph MacLeod. Jonathan P(¥ter Goff and N8oml Chapmanl sil on Deanery Synthl, This provides th• PCC a link with the churches aroun¢J us. and also with the Dlocese 85 a whole. 11 also receives rèports from the General Synod. Outr•aGh We ran the 3-2-1 course in 2D24. Four peoplo allend8d. However. due lo various reasons we Ye only able lo run thr88 DI the four sessions. Our iwo weekjy Toddler Groups o)nlinue lo be 8 major area for outrea(). Despite the lact thg group meeting 01 Ctyst Heath School lost tvs venue sudoenty in September the Group has been abl8 10 continue meeting K@Ich IKids@TrinityCIy8tHealhl conunues to offer sessions for children in school years 3-6 ev8ry Tuesday evening. We also fan fv40 SUCCASsfv1 holiday clubs in the 8umm8r. We saw a iotal 01160 children attend the event. We ere dclighted that Becca Prior and Emma Mltchell tinue lo seive as Young Familias Workers. in nIUn¢t10n with the YMCA. Through their work we have been ab to put on the following 8Ctivilles.' 3 family fun days al Easter, early September, and Chrislfflas. Toddler Groups continued on Tuesday and Wednésday momiros. Messy Church happens onca a monlh Begin Well ante n8tal classes were run for the li1 time. Our work in the local schools continues. Our dèrgy team. including Howard Cunninglon. have a150 been into St. Peter's Secondary &hool antt Trlnlty Primary School a numbor of time$ this year lo lake cA)118CtNe worship as well as dasses and lunchtime clubs. The 9oveming body at Trirtlty Prlmary School and St Peter's secondary School is supporled by members of oui church in the role ol School Governor5. We have ntinued lo collect surpjus IcM)d from local supermarkets on seven daya a week. in conjuncllon with the Neighbourly food wasle schame. We have 12 volunteers Irom the church and community who help by lleC11n9 the food and distributing It al the Newcourt Comrnunity Centrp and Trinity School. This has been warmly welcomed by many in the community. Through11 we continue to buSld friendshJ"p and have been able to invtte those we meat lo our other aclivilies. Page 4
The Parochial Church Council of the Parish of Holy Trinlty Exeter Trustees. Report (continued Mlssion Support 2024 has seen our continued financial and player support of our 4 global mi&sion partnws. The Christian Growth Fund ha5 not been 811¢)cated in 2024, and we ntInue lo seek ways in which thi5 can bé accessed by those requidng support. Small groups and Pastoral Care Our small groups play a key rol8 in church life oflering opportunlties lo build friendships, grow in faith 8nLf support on? anofher. W8 have 10 srn811 groups meeOng mid-week ¢)J)rdinaled by Howard and Dawn Cunnlnglon. We are grateful for the work o( Dawn and Howard and all our small group leaders. In the wegk we have two hcime group stwe groups for youn9 p8cyle- Youth Homo GuP lage 13-15) and Elovale for agg 118. These provlde a great opportunity for Bible study. prayer arrf1 fellowship. This year we also slartj a midweek daytlme meeting at Ik98 and have a growing awareness thal we need lo supp¢)rt the older mernbw5 of our congregalicn in a rn0 Specrfic way. Safryuarding The PCC ha5 complied Vrfh the duty under secticn 5 of th8 S8feguardin9 and Clergy Oiscipline Me8sure 2016 (duty to hav? regard lo Hou$e of Bishops, guhJanc8 on safeguardlng children and vulnerable adults). 2024 has seen sorne hlgh-profile cases ol sexu81 abuse r8portaJ in the press. For u5 this has affimied again th9 Importan of safer recruitment practi$ and safeguarding procedures and policies. Throughoul. we have been encoLiraged by th8 diocesan safeguarding legm that what we are doing is meeting the requirern8nts 19 ensure the children. yY)ung people and vulnerable adults we cLxne into contact with. indead all of our cthur¢h family. are as safe as we can m8ke Ihem. The leadership and PCC are gr81eful to all those who wntinu8 lo starve aThJ strive to shar8 the go(1 nows with our children and young people. keeplng them safe and being pos11ive role m¢yJels for Ihem We 8re not complacent however. and safeguarding thntinues to be a focus al PCC meetings, traIng events wilh our ¢hildren's and youfft work volunteers afid in hom8 group leaders. rne81ings. In the coming year, more of volunteers will be required lo complete Domeslic Abuse training Ihrough Ihe CofE onllne training portal. Vve have established an agrÈed system that allaws young people lo start helping wtth the tech team, that Ènsure5 safeguardlng matters are considered when they start to hÈlp. We af8 very thankful thal RLrth M8xwell oontinues as our s8feguartling le8d. Health and Safety This year we continued to ensure Ihal our activitles ara carried oul safely and do not w5e a trsk to the health ol our employees. vc>lunteers. congregations and visitors. This is in accordan wlh good praetice and any relevanl sl8lulory provisions where they apply. Practically this means that 811 chiirch acllviles have an upto4Jatè rigk assessment. are approved by the PCC and h8ve a nominated person in charge. Pagg 5
The Parochial Church Council of the Parish of Holy Trinity Exetor Trustees. Report {continued) Flnancial review Tolal receipls We £188,521 12023 £216.8161. In 2024 incnme was £28,295 lower Ihan in 2023. Thls was due to dtffèrent activity in 2023 when we received B gTanl for the YMCA project of £8,100. We 8180 received £10.733 of income from church I trading activity th8 rnaiority ofwhich was delegate fe8s Iri*n our weekend away in 2023. We also ran a fund-raising appe31 in 2023 which generated and additional £12.862 in one off gifts. In 2024 regular giving was only £1,444 lower than in 2D23. Almost all our giving cL)m85 from reoular rnonlhly donations Irom tha church family. We madè pawnenls of £187.396 {2023 £204,469}- This is £17,073 1gSS tharb in 2023. This was again (lown lo different aclivty. In 2023 spent £11,639 on church1tr8diThJ actNity. the majority of which w85 spend on our weekend away. In addition, we had slaff which cosl £25.670. We had neither of these activities in 2024. However, these cos1 savg$ were offset by increasing costs both In Comwnon Fun ntribLrtions and other running costs. In 2024 wg paid £95.338 in Common Fund {2023 £85.2751 lo the Diocese whlch helps IowaTds the )st of clergy stipends. housing costs for the clergy. the training of curates 8nd the wider 8clivily of the Dlocese. Thls is an increase of £10.063 2023. We paid all of the ujnlribution that was asked lor. Overall, in 2024 we had a small surplus of £1.125. (2023 £12.347)- Total C8sh held at year end was £138.914 of which only £3.170 was in reslficled funds. Resorves Pollcy Our reseNe$ remain healthy. The total cash held in unrestricted res8e$ at year end was £135.886. The PCC holds these reserve5 for the lollowing reasons. To manag8 cash flow by holding 3 monlhs wminy costs in resorve3 currentty estimated at £50.000. To provide support for our mission partners. We hold £5,000 to in unrestricted lunés to provide supwrt in tirnes of unexpected need. We atso hold £3.476 for spending on ¢yJr mlssion partners in 2025, This is from an underspend on the 2024 mission partnei budgeL Monies to fund our commilmant to tha YMCA pmject, £6.244 £71.166 to fvnd charilable work in th8 fulur8 and ftjnd l)udget deficits. The 2025 budget is predicting a delicil of £15,000 approx. We Ih)Id our reserves In interest bearlng short notice accounts in or(Jer to gah Inlerest on the cash balan5 whilst we have them. Th9 8nnual report was appVed by th& trustees of Ihè charity on .1 ! :o.A.. IS behalf by= and signed on K5 Reverend Jonny Elvin Truste8 Karen Silcox Tnjstee Pago 6
The Parochial Church Councll of the Parish of Holy Trinlty Exeter Independent Examinerfs Report to the Irustees of The Parochial Church Councll of the Parish of Holy Trinity Exater I rep)rt lo the Iruslegs on my examinatn of the accounts of The Parothial Church Councll of Ihe Parlsh of Holy Trinity Exgler br the year ended 31 December 2024. Responsibilities and basls of report As the charity trustees of The P4fochio1 Church Council of Parish of Holy Trinity Exeter you are responsible for Ihe weparation of the accounts in accordance with the requirements of the Charities Act 2011 I'the Acl'l. I rewrt in respect of my examlnotiorb ol th8 The Parochial Church Council of the Parish of Holy Trinity Exeterfs accounts rried oul under sectlon 145 01 the 2011 Act and in c8rrying out my &xamination I have ftjllowed all the apICable Directions gNen by the Charily Gommission under s8thon 145(5llbl of the ACL Independent ¢xamlTrer'$ stst•m•nt I hav6 completed my exarnination. I confirm that no material matters have come tg my attention nnection with th8 examination giviro me se to believe IhBt in any material raspect.. 1. accounling records were r1 kept in respect of The Porothial Church Counc41 of thg Parish of Holy Trinity Exeter as requlred by section 130 of Ihe Act-, or 2. the accounts do not accord v4th those records", or I have no concems and have come across no other matters in connoctlon Mryih the examlnatlon to which attention shoukl be drawn in this rèport in ordei to enable a proper under5Lqnding of the accounts to be reached. C8lherine Williams FCA DChA Wgstcotts (SW} LLP 47 Boutport Streel 8amstaple Devon EX31 1SQ Date-. Page 7
The Parochlal Church Coun¢ll of the Parlsh of Holy Trlnity Exèter Receipts and Payments Account for the Year Ended 310ecember 2024 Unrestrictèd Rgstrfctod Total fund$ funds 2024 Total 2023 Nots Rèc•lpls: Donations and18g8cies other VDluntary receipts Charitsble actNtties Investmont income 176,557 1.671 2,718 3.590 176.557 5.6 2.718 3.590 178,266 16.456 19,037 3,057 Totsl recèipts 184.536 3.985 188.521 216.816 PaymBnts.' Churcn Actlvllles 174.956 12.440 187.3961 1204,4691 Totsl payments Nel recèiptsllpaymentsl Cash brougm fonward Cash c8rrled foTrvard 174,9561 12.440 1187.3961 1204.469 9,580 18,455} 11,625 1.125 12,347 126,164 137.789 125.442 10 135.744 3.170 138.914 137,789 All of thg charity's activities d8rive from continuing operations thrlng the above two pwi(MJs. The funds breakdown for 2023 is shM) in not& 10. The not8s on pages 10 10 17 form an integral part of these ftnancial s1atements. Pgge 8
The Parochlal Church Council of the Parfsh of Holy Trinity Exeter (Rogistration number: 1149175) Statement of Assets and Liabllities as at [31 December 2024 2024 2023 Nota Current assets Cash at bank and in hand 138.914 137.789 Restrictod Income funds Resirict8d funds 3,170 11.425 Unrostrict•d Income lund$ Unreslricled funds 135,744 126.364 Total funds 10 138.914 137.789 The finÈncAal stalements on pagas 8 to 17 were approved by the truslees. and authorisad for Issue on arKI signed on their behalf by= Reverend Jonny Elvin Trustee /L Karen Silo)x Trustee The notes on pages 10 to 17 form an Integr81 part of Ihese finarKlal ststements. Page 9
The Parochial Church Councll of the Parlsh of Holy Trinity Exoter Notes to the Flnancial Statements for the Year Ended 31 December 2024 1 Accountlng policies Basis of preparatlon The Parothial Church Council of the Parish of Hoty TrinrfLy Exeter mèats the definition of a public benefit entity under FRS 102. The accounts (financial slatementsl have been prepared on the receipts 8nd payments basis. Golng concern The riustees conslder that Ihere are no malerial UnrtaInlIeS about the ch8rWs abilli y to continue 89 going concem. In¢om• and •ndowm•nts All incoming resources are included In the slalement of finanGial activities when the charfty re1¥8$ the income. The following specific policies are applied lo partKular categories of incnme.. DatIonS are recelved by way of grants. donations and gifts and is induéed In fiJll in the Sl¥temenl ol Financial Ac¢lvities when reived. Grants, ClUdIng grants for the purchase of fSx8d assels, are recognbsed In full ill Ihe Statement ol Finandal Acliviliès In Ihe y8ar in whl¢h Ihey are received. The value of services provided by volunleers h8S not be includad. Expenditure Expenditure Is reo)gnised on a payments basi8. Expenditure indudes any VAT which ¢annol be fully reoJvered. and is reported ss part of the expenditure to vthich il relates. Taxallon The charity Is nsider¢d lo p8ss the tests out in Pgragraph 1 Schedule 6 01 the Fingnce PLt 2010 and therefore il meets the definition of a charilatrAe company for UK corporation tax purposes. Accordingly, the charity 15 polentially exempt frorn taxation In respect of inc(xne or capital gains received within categories covered by Chapter 3 Part 11 of the Corporallon Tax AG¢ 2010 or Section 256 of lh8 Taxation of Chargeable Gains Act 1992. lo the oxtenl Ihat such incomg or galns are applied exclusively to charitable purposes. Cash and cash equivalents Cash and cash equivalents comprise cash on hand and call deposlts. and olher short-leim hhlY liquld Snvestments that are readily convertible lo a known amount of cash and ara sublect to an insignificant risk of change in value. Fund structure Unrestricted inCDm8 funds are general funds Ihal are aVaable for use at the trustees disuelion wi lurtherance of the ClectIveS of Ihe Cliarity. P89è 10
The Parochlal Church Councll of the Parlsh of Holy Trbnlty Exeter Notes to the Financial Statem&nts for tha Year Ended 31 Decembor 2024 (continued) RestrKted incxjme funds are Ihose donated for us8 in a partlcJJlar area or for SlfIc wicpose3, the use of which is ieslricled lo that area or purpose. 2 Income from donationy and l¢gacl•s Unrestrlcled funds General Totsl 24 Donations and legacl8s Tax effick?nl planned gSving Othei planned giving Glft Aid and GASDS recovered 119.083 27.588 29.8 119,083 27.588 Zg.886 176,557 176,557 Unrestrl¢tgd funds General R•8trict?d funds Total 2023 Donatlons and l•gaci•s Tax efficient planned giving Other planned giving Collection al seiCe$ Gift Aid and GASDS recovered 115.369 28.385 633 31.531 1.855 117.224 28,385 633 32.024 493 175.918 2.348 178.266 Page 11
The ParoGhial Church Council of the Parish of Holy Trfnlty Exeter Notes lo the Financial Statements for the Year Ended 310eceTnber 2024 (contlnued} 3 Other voluntary receipts UnroStrl¢ted funds G¢ngral Restrl¢ted funds Total 2024 Oth•r voluntsry veceipts Non recuIng donations and appeals 1,671 3.985 Unrestricted funds General R8strlcted funds Totsl 2023 Other voluntary receipts Non re¢uning donabons and aal3 13.869 2.587 16,456 4 Incom• from chawltable activillés Unrestrlcled funds General Total 2024 Church Actlvlties Weddings I fun8rals income Church l tr8dlng aclivity 342 2.376 342 2.376 2.718 2.718 Unro$trlcted funds Gènèral Restrlct•d fund$ Total 2023 Church Activities Weddings i ILtner81s income Church I tradin9 aclNiIy Grants 204 10.096 204 10,733 8.1CO 637 8.100 10,31XI 8.737 19,037 P8ge 12
The Parochial Church Councll of the Parish of Holy Trlnity Exeter Noles to the Financial Statements for the Year Ended 31 December 2024 {continu8d) S Investm•nt Incom Unrestri¢tgd funds General Total 2024 Investment Income Bank interest 3,5 3.5 Unrestrfcted funds General Totsl 2023 Inv•stffl•nl Income Bank inlerest 3.057 3.057 Pa 13
The Parochial Church Councll of the Parish of Holy Trinity Exeter Notes to the Financlal Statements for the Year Ended 31 December 2024 (contlnued) 6 Expenditure on charitable activitie5 Unrestricted funds General Restricted fund$ Total 2024 Not• Misson giving and donations DKJ¢esan parish share181 Staff and dergy expenses Misson and evangelism costs Church runrsing expenses Ibl Trading I church activity 21,576 95.338 4,952 12,480 38,405 2,205 174,956 2,651 24.227 95,338 4,952 22.073 38.405 2,401 9,593 12.440 187,396 Unrestricted fund5 G•noral Restricted funds Total 2023 Note Mission glving and donations Dio¢esan parish share lal Salarfes, wages and honoraria Slaff and dergy expenses Mission and evangelism costs Church running expenses Ib} Trading I church activity 20.076 85,275 23,278 4.634 4,893 36,109 11,291 185.556 2,087 22,163 85,275 25,670 4,634 18.679 36,409 11.639 2.392 13.786 300 348 18.913 204,469 a - Trinity Church receives a discx)unl on the Parish Share Contribution of £2.000 per venue. This dlscounl saved the church £4.000 in 2024 and is set al £4.000 for 2025. The church also re¢ewed an inflatlonary cap reduction ir$ 2024 on its Parish Share Contribution of £1.577. b- the Church running expenses in unrestricted fvnds can be broken down as follows.. Type ol expenditure Moming servirE venue hire CIy5t Heath Moming service venue hlre Trinity SchorA Aud*)-Vl8ual Equlpment Other 14,500 13,290 890 9,665 38,405 Page 14
The Parochial Church Council of the Parish of Holy Trinity Exet•r Notes to tho Financial Statements for the Year Ended 31 December 2024 (continued) 7 Charltabl• glvlng and mission support 2024 2023 Glvlng from unrestricted funds SIM UK (Emma Brewster) OMF Inlemation81 Uk (Griffiths and Stsnford51 Mercy Ships (Ruth Cooperl Salvation Amy 4,8(KJ 13,776 1.500 200 15,776 1,000 21.576 20.276 Glvlng from restYl¢lgd charltable glfts fund$ Tear Fund other 1.069 1.582 1,887 2,651 1.887 24.227 22.163 8 Trustees r•mun•ration and Èxpens95 The Minister and Curate are paid for by thè dio¢ese from the Diocesan Common Fund lo which each parish contriiKJles. No further ramuneralion. direclw LY Indirecuy. wt of th8 funds of tha thurch was paid or is payable lor tha ar to ony ol the PCC member5, or lo any other person or pèrsons known to be conneded lo any of then). The fftsurance for the PCC indudès Indemnity wver. During Ihe year. £4.$30 12023: £3,691) w8s reimbursol lo Trust6es in respert of costs Incurred for travel. tK)oks. h05pStality and phone and inlemet seNices. No further r8imburs8ment of 8xpenses in resped of Servi provlded has been made oi Is due to be rnade to any ofthe PCC members. There were no related party Iransactlons durfng the year. Page 15
The Parochial Church Councll of the Parish of Holy Trinity Exotor Notes to the Flnancial Statements for the Year Ended 31 December 2024 (continued) 9 Taxation The chanty is a Trglster80 charily and is theiefore exèmpt from tsxation. 10 Funds Balance at 1 January 2024 Balance at 31 Docember 2024 In¢omlng Y•$ources R050urc•s exponded Unrèstricted funds General Fund 126,164 184.536 (174,956) 135.744 Rostrict•d funds Incumbents Disrrelion Clyst Hoath Toddlers Marriage Cwrse Parenting Course Tear Fund YMCA Family Wofkgrs Leaving Gift soo 1.090 142 3QO 500 1,426 142 300 802 599 2631 1.871 11.0691 (9,593) (1.515} 112,4401 9.593 1,515 3,985 11,625 3.170 Total funds 137.789 188.521 187.396 138.914 Page 16
The Paroehlal Church Council of the Parish of Holy TrSnity Ex•t•r Notes to the Financlal Statements for th8 Year Ended 31 December 2024 (continuod) Balance at 31 Docfrmb 2023 841anca at 1 January 2023 Ineomlng R•sources resource3 xpended Transfe Unrestrlctèd lund8 General Fund 108.920 203,144 {185,5561 11441 126.364 R•stri¢ted funds Children and Youth Work IncUMnts Discretion Clyst Hgalh Tryldlers Marriage Course Parenting Course Love Your Neighbour Tear FurKI YMCA F8mity Workers 2,248 500 637 12.3921 144 sr 1,090 142 300 801 142 300 (3481 300 1.887 8,100 {3001 12.0871 113,7861 118,913 20DI 9,593 11.425 15.279 16,522 13.672 144 Total funds 125.442 216.816 204,4691 137,789 Restricted funds R8stricted fvJnds conslst of Iha lolbwing funds.. Childr&n and Youth work - money re¢eived for the salary of the ChiTrJren & Youlh worker Incumbents Discretion Cly81 Health Toddlers - monies received lor the loddlerf5 group Marrkqg? Course Parenting Course Love Your N8ighbour . monios r8ceived lor'Love Your Neighbourf food boxes Tear Fund - monies taken as a special wlleclion for Tear Fund YMCA F8mity INorkers- monies re¢gNed for the YMCA Family Wothers Leaving Glft Paoe 17