2024-12-31-accounts

The Parochial Church Council of the Ecclesiastical Parish of Binfeld Registered Charity Number: 1149382

Annual Report & Accounts for the Year Ended 31[st] December 2024

Table of Contents

Trustees’ Report ................................................................................................................... 2 Independent Examiner’s Report ........................................................................................ 10 Statement of Financial Activities for the year ended 31 December 2024 ........................... 11 Balance Sheet As At 31 December 2024 .......................................................................... 12 Notes to the Accounts ........................................................................................................ 13

Annual Reports & Accounts 2024

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Trustees’ Report

Aims and Purposes

The Parochial Church Council of the Ecclesiastical Parish of Binfield has legal responsibility for the finance, care of church buildings and contents and care of the churchyards and cemetery. It also takes the responsibility of cooperating with the Rector for promoting the mission of the Church.

Objectives and Activities

The Vision Statement for the Church is:

Connecting people with Jesus, the Bible and others

To this end, the PCC takes care of two church buildings and a cemetery.

The church carries out baptisms, weddings and funerals for those who have a connection with the parish and admits for burial in the cemetery any person, who dies while living in the parish, who was living in the parish for a reasonable length of time even though their latter days may have been spent outside the parish in a nursing home, or was on the church electoral roll.

The PCC also encourages outreach to those in the parish, who do not attend church and attempts to help those less fortunate in and outside the parish.

Members of the church deliver the Binfield Beacon to the households in the Parish ten times a year. This magazine alerts all to the various services on offer and other activities such as the work done with children and youth. It also includes reports and other information from various organizations in the parish.

Achievements and Performance

Committees

The PCC has appointed serval committees to carry out specific work and make recommendations. The committee leaders are:

• Standing Committee: Luke Taylor

• Children and Youth Committee: Daisy Osinaike (Until August 2024)

• Finance and Stewardship Committee: Gigi Ho

• Fabric Committee: Tony Muller & Adrian Hinton

• Fundraising Committee: Kate Hayes

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Sunday Services

In 2024, the church has updated the regular pattern of Sunday services:

• Book of Common Prayer Communion Service at 08:15am – exclusively on first Sunday of the month

• Common worship Communion Service at 09:30am

• Informal Service at 11:00am, including:

• Baptisms on the first Sunday of the month

• Communion on the third Sunday of the month

• Altogether celebration services at 10:00am were held on

• Mothering Sunday

• Father’s Day

• 21[st] July to celebrate and thank all of our volunteers

• 27[th] October for harvest celebration

• Remembrance Sunday

• The last Sunday of the year

Children & Youth work

The children’s group, Whizz kids, continues to take place on Sunday mornings at St. Mark’s Church during the 11am service.

Youth group, 7UP, is held on Wednesday evenings at St. Mark’s Church, with occasional off-site events.

Baptisms, Weddings and Funerals

During the year, the church conducted 5 baptisms, 6 weddings and 17 funerals.

Funeral services are held at All Saints’ church and have also been conducted (on behalf of this church) at East Hampstead Park crematorium and the church cemetery.

Mission and Evangelism

The Silver Service

A short service with lunch at St Mark’s Church, open to anyone.

Youth Group

The Youth group, now called 7UP, attended the Satellites youth festival in the summer of 2024. This was a five-night stay event for teens at the Bath and West Showground run by the charity ‘Youthscape’.

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Clothesbank

The Clothesbank operates quarterly at St Mark’s Church to distribute good quality second hand clothing to those in need. Clients are recommended by various local charities.

Alternative Advent

Gifts were collected and distributed to single parents in need.

The Binfield Lighthouse Program

The Lighthouse team continue to help those who are struggling. What started as a homeless drop in, now provides food for those who were homeless, or find themselves homeless, but are then provided with accommodation by the Borough rough sleeper team.

The team seek to provide enough pre prepared meals that can be reheated so the clients can have one hot meal every day that month.

Meals are delivered on the first 2 Tuesdays of the month.

Pastoral Care and Bereavement support

The visiting team have continued in their work and the Bereavement team continue to meet for a coffee morning every Friday.

Until We Meet Again, our annual service for those who have lost loved ones continues to be run on the first Sunday in December.

Christmas Services

The church held its full schedule of Christmas services, including:

• Carol Service on the Sunday before Christmas,

• 2 Christingle services on Christmas Eve,

• Midnight Communion on Christmas Eve, and

• Christmas service with communion

Charity Support

Through the generous giving of the congregation, the church continued to support 3 chosen charities: Bracknell Foodbank, Oasis and Five Talents.

Volunteers

The PCC is indebted to a large number of volunteers to ensure the smooth running of the organisation.

The fabric working party maintains and keeps both churches fit for purpose, with the support from various volunteer teams throughout the year. These include the flower arrangers, the cleaners, the welcomers, the bellringers, children and youth volunteers, visitors, the providers of coffee, choir, and the clothesbank team. All contribute their time and efforts freely. Without them, it would be impossible to run the churches effectively.

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Risk Management and Safeguarding

The PCC regularly review any major risks encountered by the church and take appropriate action to manage and minimise those risks in accordance with best practice.

The PCC has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have regard to House of Bishops’ guidance on safeguarding children and vulnerable adults).

The PCC has appointed a Safeguarding Officer to oversee this important element of ministry and there were no reported incidents in 2024.

Future Planning

The PCC is committed to enhancing ministry and our church buildings through strategic improvements. Our key focus areas include encouraging new ministry opportunities, optimising our church facilities to improve accessibility and support a wider range of events, and ensuring financial resilience.

Financial Review

The total income for 2024 was £175,229 and net gain on investments was £244, while total expenditure amounted to £178,151, resulting in a net expenditure of £2,678. At the end of 2024, the church held total funds of £179,638, broken down as follows:

• Unrestricted funds: £101,701

• Restricted funds: £67,046

• Endowment funds: £10,891

Annual Reports & Accounts 2024

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During the year, the following significant financial events impacted the church’s financial position:

• Grant Income (ê £12,138)

The reduction in grant income is attributed to the depletion of the St. Mark’s Education Fund in 2023. Additionally, the reserves of Lighthouse and Eco Church were sufficient to fund their respective expenses in 2024, and thus no new grant applications were submitted.

• Fundraising income (ê £11,777)

Fundraising income decreased due to the cancellation of 2024 church fete, which had been a major source of income in previous years.

• Church Maintenance Expenses (ê £11,216)

In 2023, heaters in All Saints’ Church were replaced, leading to a significant one-off expenditure. The absence of similar projects in 2024 resulted in reduced maintenance costs.

• Utilities (ê £4,106)

The church benefited from a cost reduction under the renewed Energy Basket contract, effective from 1[st] October 2023, which contributed lower utility expenses in 2024.

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Reserve Policy

The PCC has adopted a reserves policy to ensure financial stability and to provide for anticipated and unforeseen needs. Reserves are held to:

• Cover 3 months of general running costs and an additional 1 month’s salary costs, ensuring the church can meet its financial obligations in case of a major problem or emergency.

• Fund necessary building works identified in quinquennial inspections for both churches, including designated fund for the substantial repair works at All Saints’ Church.

• Support specific projects and activities, such as the forthcoming mission, and to provide for youth work costs as the St Mark’s Education Fund has been depleted.

The PCC recognises the importance of stewardship while balancing prudential financial planning with the biblical principle of not hoarding resources.

At the end of 2024, the PCC held unrestricted reserves of £101,701, including £87,507 is designated for anticipated repair work at All Saints’ Church (£52,507), minor works at St Mark’s (£13,000), 3 months youth expenses (£4,000), 3 months church expenses (£15,000) and 1 month salary costs (£3,000).

Structure, Governance and Management

The Parochial Church Council (PCC) is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure.

We are blessed with two churches All Saints in Church Lane and St Mark’s in Popeswood road Binfield.

We are part of the Bracknell Deanery of churches in the Diocese of Oxford within the Church of England.

To recruit new members to the PCC, notices are given in church, on the church news email, and announced at the Annual Parochial Church Meeting. The Parochial Church Council consists of people who are baptised, and their names are on the electoral roll of the parish and who are lay members of any deanery synod, diocesan synod or the General Synod.

If the parochial church council so decides, it may co-opt members so long as they do not exceed one fifth of the representatives of the laity elected.

Annual Reports & Accounts 2024

Reference and Administrative Details

Registered Charity Name: The Parochial Church Council of the Ecclesiastical Parish of Binfield Working Name: Binfield PCC Charity Registration Number: 1149382 Correspondence Address: The Church Office, St Mark’s Church Popeswood Road, Binfield, Bracknell, Berkshire, RG42 4AH PCC Secretary: Kate Hayes Church Administrator: Hayley Fourie Binfield Beacon Editor: Claire Thomas Organist & Choir Master: Michael Hawkins Treasurer: Sarah Muller (Resigned 13/05/24) Kwan Lam (Gigi) Ho (From 13/05/24) Children’s Worker: Anna Cochran Safeguarding Officer: Hayley Fourie Stewardship Secretary: Andrea White Bell Tower Captain: Jan Glen

During the year the following served as members (trustees) of the PCC:

Ex Officio members Rector: Reverend Luke Taylor Churchwardens: Susan Cledwyn-Davies Adrian Hinton Assistant Churchwarden: John Hargreaves Elected Deanery Synod From 24/04/23 until 2026 Michael Hawkins Rachel Willmot (plus 2 vacancies) Elected PCC Members From 26/06/21 until 13/05/24 Tony Muller From 24/04/22 until 13/05/24 Amanda Downs From 09/05/22 until 2025 James Foster Robert McLean (plus 3 vacanices) From 09/05/22 until 07/07/24 Daisy Osinaike (resigned 07/07/24) From 24/04/23 until 2026 Jill Hanson Kate Ellison-Bourne From 12/02/24 until 2026 Amanda Hawley (plus 1 vacancies) From 13/05/24 until 2027 John Hargreaves Stuart Wharpshire Kwan Lam (Gigi) Ho From 09/09/24 until 2027 Georgina Alltree From 14/10/24 until 2027 Ian White (plus 1 vacancies)

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All Saints, wilh SL Mark's Church8s, Binli81d Declarations The PCC declare that they have approved the trustees, report above. Siqned on behalf of the PCC Rev,. Luke Taylor PCC Chair Date: ]£) Lf Annual Reports & Accounts 2024

AJI Saints.: with Sl. Mark's Chutchesj Binfield Independent Examiner's Report I CHARITY COMMISSION FOR ENGLMD AND WALES Independent examinerfs report on the accounts en en xaminer s Report lo th• trusto08 The ParDchial Churth Counal of the Eccl88kq8t'f31 Paii8h ol Binfield On accounts for th• year andod 31tl De￿mber 2024 Charily no {if any) 1149382 1 Sel out on pages 11-20 I report to th8 tnjsI￿ on my examlnation of the accounts of th¢ atTh8 lrity {"Ihe Trust I for the year ended 31112 12024. Responsibilities and basis of raport As the Gharivs InJst88s. ar& r8sponsib18 for Ihe praparbt aLEounis in accopdance wth raquiramgnls of Charil18S of the 2011 ('Ih I rewt in resFeci of my ex8mination of the Trusys ac￿Unts caih'ed out under s8clion 145 of the 2011 Ad arkd in carryro OLrt my examiDation, I have follo*Ed all the applicable Dlredlons given by the Charity Commission under secli4)n 1495Xb) of trie Aca. Indopendenl oxaminerfs I have ¢x)mpleled my examination. I confjrm that rKI material matters have slatement I￿]8 to my attention in connection with the 8xamination ￿lch 9ives Ine ¢8use10 believe that in. 8ry naterial respeci". the acJJJunting I￿r&S w8r8 not k8Pt in accordancewilh, sg(Xion 130 of the Charrtie5 Art", or the acojunts dKI nol acconl wlh t.48 aowuTrting r￿rds. or the 8•xounts d￿1 Tr)t Comp￿ wth Ihe applicable requirerts8nts con￿ming the form arKI content of accounts set out in lkne Charities {Aca)unt8 arml R8porLs} R8gu'8tions 2008 olkw th￿ antr requireme:It that accounts give a 'true aryd fair, vlew knich is rK)t a malter 1x￿51dered as part of an irKJependenl ex2minatlon. I have no cOn￿M$ arKI h8ve CO￿ acrcss no other matters in cznnedion wrfch the examination to whith attention sh)Lld be drawn in this rep)rt in ord8T to enatrAe a proper understsndirKJ of acwunts to bo re>ched. ' P18ase delete the words in thé bpckets rftheydo not apply. Slgned: Name: Juli8 Nixon Relavant prof8ssional quallfteAtlon(s) or body (If any): ACMA Address: 44 Farley Copse Binfield, Brathll Berkshir8, RG42 1 FF Annual Reports & Accounts 2024 10

Binfield PCC Statement of Financial Activities for the year ended 31 December 2024

	Unrestricted funds	Restricted income funds	Endowment	funds	Total funds 2024	Total funds 2023
	£	£	£		£	£
Income and Endowments
Voluntary income	104,864	18,115		0	122,979138,585	138,585
Activities for generating funds	2,279	11,896		0	14,175	25,952
Income from investments	6,173	0		295	6,468	3,928
Income from church activities	25,757	3,141		0	28,898	30,740
Other income	2,709	0		0	2,709	2,615
Total Income	141,782	33,152		295	175,229	201,820
Expenditure
Cost of generating funds	0	1,482		0	1,482	5,300
Church activities – costs	106,754	10,606		0	117,360119,255	119,255
Church expenses	33,142	25,872		295	59,309	70,579
Total Expenditure	139,896	37,960		295	178,151	195,134
Net income before investment gains	1,886	(4,808)		0	(2,922)	6,686
Net gains on investments	0	0		244	244	915
Net income / expenditure	1,886	(4,808)		244	(2,678)	7,601
Transfers between funds	(1,961)	1,961		0	0	0
Net movement in funds	(75)	(2,847)		244	(2,678)	7,601
Reconciliation of funds
Total funds brought forward	101,776	69,893	10,647		182,316174	174,715
Total funds carried forward	101,701	67,046	10,891		179,638182	182,316

Annual Reports & Accounts 2024

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JI Saints, wtth Sl. fvlark's Churches, 8infield Binfield PCC Balance Sheet As At 31 December 2024 Flxed assets Investments 10.891 10.891 10,647 Current assets Cash at bank and in hand Prepaid Expenditure Debtors 110,984 632 3,113 114,729 67.652 178.636 632 3.315 182,583 186,295 302 3,040 189,637 202 67,854 Total CurTrntAsset5 Credltors: amounts falling due wfthin l year Net CurrentAssets 13,028 101.701 808 67.046 13.836 168.747 17,968 171.669 Total NetAssets 101.701 67,046 10.891 179,638 182.316 Charity Funds Endowment funds Restricted income funds Unrestricted fund5 10.891 10,891 67.046 101,701 179.638 10.647 69,893 101.776 182.316 67.046 101.701 101.701 Total funds 67.046 10.891 Signed on behalf of the PCC Rev. Luke Taylor PCC Chair Date of approval: Annual Reports &Accounts 2024 12

Notes to the Accounts

Note 1 Accounting Policies

• 1.1 Basis of accounting

• The PCC is a public benefit entity within the meaning of FRS 102.

• The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of PCCs, and with the Regulations' 'true and fair view' provisions, together with FRS 102 (2016) as the applicable accounting standards and the 2016 version of the Statement of Recommended Practice, Accounting and Reporting by Charities (SORP (FRS 102)).

• 1.2 Income

• There is no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP.

• Gift aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.

• The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.

• Investment gains and losses include any realised or unrealised gains or losses on the sale of investments and any gains or losses resulting from revaluing investments to market value at the end of the year.

• 1.3 Expenditure and Liabilities

• Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the PCC to pay out resources and the amount of the obligation can be measured with reasonable certainty.

• The charity made no redundancy payments during the reporting period.

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1.4 Assets

• Consecrated and benefice property Consecrated and benefice property of any kind is excluded from the statutory definition of 'charity' by the Charities Act 2011 therefore any such assets are not capitalised in the accounts.

• Moveable church furnishings

Moveable church furnishings held by the Vicar and Church Wardens on special trust for the PCC, and which require a faculty for disposal, are accounted for as inalienable property unless consecrated.

They are listed in the Church's inventory and are not capitalised in the accounts. All expenditure incurred on consecrated or beneficed buildings or on the repair of moveable church furnishings is written off as expenditure in the year.

• Tangible fixed assets

• These may be capitalised if they can be used for more than one year and cost at least £5,000. They are stated at cost.

Depreciation is calculated to write off the capitalized cost of fixed assets less their currently anticipated residual fair value over their estimated useful lives.

• Stock

No account has been taken of any stocks of books, magazines or other materials held at the balance sheet date and all expenditure is written off as incurred.

1.5 Funds

• Unrestricted funds

• These represent the remaining income funds of the PCC that are available for spending on the general purposes of the PCC, including amounts designated by the PCC for fixed assets for its own use or for spending on a future project.

• Restricted funds

• These are income funds that must be spent on specific activity or purpose and details of the funds held and restrictions provided are shown in the notes to the accounts.

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Note 2 Analysis of income

	Unrestricted funds	Restricted	income funds	Endowment	funds	Total funds 2024	Total funds 2023
Analysis	£		£	£		£	£
Voluntary income
Tax efficient planned giving	47,062	47,062	768	768	0	47,830	47,830 49,201
Other planned giving (not gift aided)	22,707	22,707 10,264		10,264	0	32,971	32,971 24,082
Collection at services	14,752	14,752	300	300	0	15,052	15,052 16,477
Other giving	5,604	5,604	3,973	3,973	0	9,577	9,577 19,505
Gift Aid recovered	14,739	14,739	349	349	0	15,088	15,088 14,721
Grants	0		2,461	461	0	2,461	461 14,599
Total voluntary income	104,864	104,864 18,115		18,115	0	122,979	122,979 138,585
Activities for generating funds
Fundraising	2,279	2,279 11,896		11,896	0	14,175	14,175 25,952
Income from investments
Dividends and interest	6,173	6,173	0		295	295 6,468	6,468 3,928
Income from church activities						0
Wedding & Funeral Fees	7,045	7,045	0		0	7,045	7,045 6,217
Church Hall Letting	9,427	9,427	0		0	9,427	9,427 10,320
Parish magazine advertising	9,285	9,285	0		0	9,285	9,285 10,382
Events income - not fundraising	0		3,141	141	0	3,141	141 3,821
Total Income from church activities	25,757	25,757	3,141	3,141	0	28,898	28,898 30,740
Other income
Parish share rebate	2,075	2,075	0		0	2,075	2,075 2,490
Other income resources	634	634	0		0	634	634 125
Total other income	2,709	2,709	0		0	2,709	2,709 2,615
TOTAL INCOME	141,782	782 33,152		152	295 175	295 175,229 201	229 201,820

Note 3 Analysis of receipts of grants

		2024	2023
From	Purpose	£	£
Binfield Parish Council	Grass cutting Cemetery / Churchyard	2,211	2,211 2,963
Bracknell Forest Borough council	Lighthouse food	250	250 4,008
Groundworks UK – Tesco	Lighthouse food	0	0 375
Bracknell Parish Council	Eco church	0	0 2,000
St Mark’s Religious Education Fund	Youth minister salary & youth expenses	0	0 5,253
	Total	2,461	461 14,599

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Note 4 Analysis of expenditure

	Unrestricted funds	Restricted	income funds	Endowment	funds	Total funds 2024	Total funds 2023
Analysis	£		£	£		£	£
Cost of generating funds
Fundraising expenses	0	0	1,482	1,482	0	1,482	1,482 5,300
Church activities – costs
Charitable donations	10,500	10,500	0		0	10,500	10,500 10,848
Parish Share contribution	84,622	84,622	0		0	84,622	84,622 82,157
Salaries, wages and honoraria	11,308	11,308 10,606		10,606	0	21,914	21,914 26,250
Payroll expenditure	324	324	0		0	324	324 0
Total church activities costs	106,754	106,754 10,606		10,606	0	117,360	117,360 119,225
Church expenses
Mission & Evangelism costs	104	104	8,823	8,823	0	8,927	8,927 9,155
Altar Supplies	258	258	0		0	258	258 164
Bank charges and fees	174	174	30	30	0	204	204 164
Books & Publications	702	702	0		0	702	702 647
Cemetery Grass Cutting	0		3,743	3,743	0	3,743	3,743 1,482
Church maintenance	583	583	6,095	6,095	295	295 6,973	6,973 18,189
Insurance	8,676	8,676	0		0	8,676	8,676 8,543
Office Supplies	1,035	1,035	0		0	1,035	1,035 1,679
Church Cleaning	0		2,505	2,505	0	2,505	2,505 2,545
Office Telephone	687	687	0		0	687	687 408
Other Professional Services	207	207	270	270	0	477	477 980
Servicing equipment	1,303	1,303	1,440	1,440	0	2,743	2,743 1,173
Software expenses	710	710	0		0	710	710 722
Subscriptions	575	575	0		0	575	575 558
Sundry expenses	79	79	201	201	0	280	280 246
Church Utility bills	10,604	10,604	0		0	10,604	10,604 14,710
Events' expenses – not fundraising	286	286	2,765	2,765	0	3,051	3,051 1,937
Cost of Trading – Beacon printing	7,159	159	0		0	7,159	159 7,277
Total church expenses	33,142	142 25,872		872	295	295 59,309	309 70,579
TOTAL EXPENDITURE	139,896	896 37,960		960	295 178	295 178,151 195	151 195,134

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Note 5 Paid employees

5.1 Staff Costs

		2024	2023
		£	£
Salaries and wages		21,682	21,682 25,941
Social security costs		0	0 0
Pension costs		232	232 309
Other employee benefits		0	0 0
	Total	21,914	914 26,250

No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000.

As a gift to the church, the choirmaster and organist, Mr. M Hawkins, has chosen not to take a salary.

5.2 Average head count in the year

		2024	2024	2023	2023
Church administrator (Part time)			1	1	1
Youth minister (Part time)			1	1	1
Parish magazine editor (Part time)			1	1	1
	Total		3	3	3

Note 6 Investment assets

	Barnett	Investment	Fund	Wiggett /	MacNabb Investment Fund	Total
		£	£		£	£
Carrying (fair) value at 1Jan2024	927	927	927		9,720	10,647
Add:net gain on revaluation			21		223	244
Carrying (fair) value at 31Dec2024			948		9,943	10,891

The endowment funds are legacies from the Wiggett, MacNabb and Barnett families the income from which must be spent on maintaining services at All Saint’s church and caring for specific graves in the Binfield cemetery (identified in the churchwarden’s log).

The funds are held as shares in the CBF Investment Fund.

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Note 7 Debtors and prepayments

		2024	2023
		£	£
Debtors
Hall hire		375	375 240
Beacon community adverts		131	131 33
Goodbox		0	0 63
HMRC Charities – Gift Aid Recoverable		2,809	809 2,704
		3,315	3,315 3,040
Prepayments
Castle Water St Marks, All Saints & Cemetery		6	6 0
Software Subscriptions		84	84 0
Leasing charge for office printer		148	148 0
RSCM Subscriptions		137	137 0
Copyright license		257	257 302
		632	632 302
	Total	3,947	947 3,342

Note 8 Creditors and accruals

	Amounts failing due within 1year	Amounts failing due within 1year
Creditors Art week expenses Castle Water St Marks, All Saints & Cemetery Charitable giving (up to 10% voluntary income) Christingle expenses Circle Cleaning Clarity Copier Clergy cover Gas heater servicing Lighthouse expenses NEST pension Organ tuning Oxford Board of Finance – Parochial fees Sunshine Commercial – Cemetery grass cutting Total Energies (Total Gas & Power) Wedding / Funeral - Clergy fees Wedding / Funeral - Organist / Choir fees Wedding / Funeral - Verger fees Youth Expenses Income received in advance Beacon advertising Accruals Accrued utilities Taxation and social security HMRC Tax & NI Total	2024 £ 16 0 10,500 88 0 18 47 144 180 19 270 67 468 0 25 0 0 0	2023 £ 0 48 10,848 34 135 53 0 0 313 0 0 1,211 1,111 2,742 0 85 60 186
	11,842 729 1,265 0	16,826 811 0 331
	13,836	17,968

• Castle Water issued a negative balance in the bill of December to adjust the overestimated charges. It was recorded as a supplier credit and thus a negative balance on Castle Water as a creditor.

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Note 9 Cash at bank and in hand

		2024	2023
		£	£
Petty Cash		19	19 19
Undeposited funds		690	690 300
Barclays Binfield PCC		11,542	11,542 16,764
Barclays Deposit Account		63,914	63,914 71,906
CBF Deposit Account		102,471	471 97,306
	Total	178,636 186	636 186,295

Note 10 Charity funds

Fund balance brought forward £ 14,269 52,507 35,000	Income £ 14,269 141,782 52,507 0 000 0	Expenditure £ 141,782 (139,896) 0 0 0 0	Transfer £ (1,961) 0 0 0 0	Gain / Loss 0 0 0 0 0	Fund balance carried forward £ 14,194 52,507 35,000
87,507	87,507 0	0 0	0 0	0 0	87,507
101,776 25,172 24,135 800 67 462 2,762 5,502 3,962 0 943 3,703 160 225 2,000	101,776 141,782 25,172 12,129 24,135 1,133 800 0 67 0 462 0 2,762 2,211 5,502 1,030 3,962 2,595 13,774 943 0 3,703 0 160 0 225 235 000 45	141,782 (139,896) 12,129 (3,967) 1,133 (4,431) 0 0 0 0 0 0 2,211 (3,744) 1,030 (720) 2,595 (4,992) 13,774 (15,735) 0 0 0 (2,505) 0 0 235 (202) 45 (1,664)	(1,961) 0 0 0 0 0 0 0 0 0 0 0 1,961 0 0 0 0 0 0	0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,961 0 0 0 0 0 0 0 0 0 0 0	101,701 33,334 20,837 800 67 462 1,229 5,812 1,565 0 943 1,198 160 258 381
69,893 10,647	69,893 33,152 647 295	33,152 (37,960) (295)	1,961 0	1,961 0 0 244	67,046 10,891
182,316	316 175,229	229(178,151)	0	0 244	179,638

£1,961 has been transferred from Unrestricted funds to finance the deficit on the Restricted Youth fund.

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Note 11 Transactions with trustees and related parties

11.1 Trustee remuneration and benefits

Name of trustee	Remuneration	Pension	Contribution	Contribution	Ex-gratia		Other		Total
	£	£		£	£		£		£
Daisy Osinaike	4,827			382		0		0	5,209

Remuneration was paid to Daisy Osinaike in respect to her work as Youth minister.

11.2 Trustees’ expenses

No trustee expenses have been incurred in 2024.

12.3 Transaction(s) with related parties

We pass payments on behalf of funeral directors and wedding planners directly to pay for Verger, Choir, Organist and clergy travel expenses.

Name of Trustee	Name of Trustee Description of transaction(s)	Amount	Balance at 31Dec2024	Balance at 31Dec2024	Provision for bad debt at 31Dec2024	Amount written off during 2024
		£	£		£	£
Iain Downs	Verger	860		0	0	0
Michael Hawkins	Choir / Organist	815		0	0	0
Rev Luke Taylor	Clergy	375		25	0	0

Annual Reports & Accounts 2024

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