PAROCHIAL CHURCH COUNCIL OF ST MARY THE VIRGIN ELLAND ANNUAL REPORT and FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Incumbent: The Revd Canon David Burrows The Rectory Charles Streel Elland HX5 OJF Bank: Barclays Bank PIC 39147 Commercial Street Halifax HX1 1BG Independènt Examlner: Craig Stratford MAAT FCA Simpson Wood Limited Bank Chambers Market Street Huddersfield HD12EW
PAROCHIAL CHURCH COUNCIL OF ST MARYTHE VIRGIN ELLAND INDEX FOR THE YEAR ENDED 31 DECEMBER 2024 Contents Page Annual Report Statement of Responsibililies of Ihe Parhla1 Church Council Independent Examinerfs Reporl Stalemenl of Financial Activities Balance Sheet Noles to the Financial Slalements 7-11
PAROCHIAL CHURCH COUNCIL OF ST MARYTHE VIRGIN ELLAND ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The Parochial Church Council Th8 policy and decision-making body of the Parish, and therefore of the Charily. Members are Trustees. with responsibilities for a Registered Charity, as defined by Statutory and Ecclesiastical Law. The prime objectlve of the Council is to co-operale with the Incumbenl to promote the whole mission of the Church. and to provide religious facililies of the Church of England. as the Established Church, within the Parish of St Mary's Elland, for the public benefit. In making decisions Trustees have had due regard to the public benefit guidance when exercising any powers or dutie5 to whlch Ihe guidance is relevant. Members of Ihe PCC Elected Members.. Susan Blunstone, Jackie Heap, Joyce Haigh (PCC Lay ViGe -Chairman), Tony Murphy, Elaine Safiah, Brenda Simpson, Eleanor Simpson, Judith Uttley {Hon. Secretary). Peter Uttley (Hon. Treasurer) No Churchwardens were elecled at the 2024 Annual Vestry Meeting. Reader with Permission to Officiate & Deanery Synod Representative." Lynn Lord Co-opled: Fr Philip Chadwick (Honorary Assistant Pri8St). InGufftbent.. Canon David Burrows (Stipendiary Priest, Rector of Elland, Chairman of the Council) Full Meetlngs held on 23 March. 27 April. 7, July. 28 September and 141h D8C8mber 2024. ststuto Res onsibilities Safeguarding & Child Protection Issues are reviewed annually, together with the with adoption of National and Diocesan Policies. Heallh and Safety Polici8s are impl8mented and observed. together with requiremen(s under Accessibility legislalion. Safe uardin The Ca and protection of children. young people and vulnerable adults involved in Church activitses is the responsibility of the ole Church. Everyone who participates in the lrfe of the Church has a role to play in promoling a Safer Church for all. Priorltles Th8 PCC are guided by the following Pastoral and Missional Priorities- Teaching the Faith Pastoral support and encouragem8nt for on8 another A Culture of Invitation Fabric and Finan During 2024 V saw a similar figure to 2023 in collection monies. We did however continue to enjoy social activities which as in previous years raised around £3.500. Given our financial situation it was decided by the Church Council members at the November 2024 meeting, that we could only afford lo pay £11,000 as part of our Parish Share out of £26,000 requested. However, at Ihe end of the year it was found that we had sufficient in the Current Account to pay £12,000 rather than £11,000. Resenies of funds have now diminished considerably over the past few years as building works have been undertaken to maintain services.
PAROCHIAL CHURCH COUNCIL OF ST MARY THE VIRGIN ELLAND ANNUAL REPORT (CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2024 Our five-year Quinquennial Inspedion. carried out in the summer of 2023, identified some works that need to be undertaken In 2024. The Vestry roof ridge tiles were re-cemented in place along with some works in the porch. Dampness continues in the East Vestry wall and has proved difficult to find the cause until recently. Our roofing builder did find that the Vestry gully drain into the hopper at the East end of the Vestry was poorly fitted by our previous contraclor (now in liquidation). As part of hls work. he renewed the fitting as il should have been. Hopefulty this should allow thé V8siry wall lo dry oul during 2024 prior lo r8plastering and painting. In addition, a small amount of r¢)oflwall works were completed above the Community Room kitchen and above the candle sland in Ihe norlh aisle. Annual checks on the fire extinguishers, tower clock, rool alarm system, and heating system were also carried out. Moore Cleaning Company was brought in three times during 2024 to carry out a full clean of the Church building. Regular weekly checks were made on the fabric of the bullding throughout Ihe year and health and safety matters also considered. Thank You This Report acknowledges also the profound thanks of Ihe Church Council for the generosity of so many. in time, talents and financial giving, and to all who have endeavoured to keep our Church life going forward. Signed .... 11 Mar¢h 2025
PAROCHIAL CHURCH COUNCIL OF ST MARY THE VIRGIN ELLAND Statement of Responsibilities of the Parochlal Church Council Law applicable lo charilias in England and Wales requlres the Parochial Church Council {PCC) lo prèpare financial slalemenls for each financial year which give a true and fair view of the charity's financial activities during the year and of its financial posilion al Ihe end of the y8ar. In preparing financial statements giving a true and fair view, the PCC Should follow best praclice and: select suitable accounting policies and then apply them consistently: make judgements and estimales that are reasonable and prudenl; stale whether applicable accounting standards and slaternenls of recommended practice have been followed. subject lo any depariures disclosed and explained in the fi'nanciol statements,. and prepare the financlal stalemènls on the going crmcern basis unless it is inappropriate lo presume that the charily will continue in operation. The PCC are responsible for keeping proper accotsnling records which dlsclose. with reasonable accuracy ihe financial position of the charity and which enable them lo both ascertain the financial position of the charity and which enable them to ensure that the financial statements comply with the Charities Act 2011. They arè also responsSble for safeguarding Ihe assets of the charity and hence for taking reasonable steps for the prevention and delectlon of fraud and other irregularities.
PAROCHIAL CHURCH COUNCIL OF ST MARYTHE VIRGIN ELLAND INDEPENDENT EXAMINER'S REPORT TO THE PCC OF ST MARY THE VIRGIN ELLAND I report on the financial slalemenls ol the PCC for the year ended 31 December 2024, which are set out on pa 51011. Respective responsibilities of trustees and Independent examiner The Church's trustees are responsible for the preparalion of Ihe financial slalements. The Church's truslees consider Ihat an audit is nol required lor Ihis yeai under seclion 144{2) of the Charities Acl 2011 (the Act 2011) and Ihat an independent examination is required. 11 is my responsibility lo.. Examine thè financial slalemenls undèr Séction 145 of the 2011 Act., To follow Ihe procedures laid down in Ihe General Direclions given by the Charity C¢)mmissioners (under section 145(bl of the 2011 A¢ll and To slate whether particular matters have come lo my attention Basls ol Indepond•nt examlner's report My examination was carried out in accordance with the General Directions given by the Charity Commlsslon. An axaminalion includes a r8view of the accounting records k8Pt by the Charity, and a mpariSOn of the financlal stalemenls presented with those records. 11 also includ&9 consideration Of any unusual items or disclosures In the financial statements. and se8king 8xplanations from you as Irust88s concerning any such matters. The proc8dur8s undertaken do not provld8 all the evldence that would be requir8d In an avdlt, and consequently no opinion is giv&n as to wheth8r lh8 financial statements present a 'lrue and falr v18w' and Ihe report Is Ilmi18d to those matters sat out in the statement below. Independent examlner's statement In connection with my examination. no matter has come to my altenlion: <1) which gives me reasonable cause to believe thal In any malerfal respect the requlremenls.. to keep accounting records in accordance with section 130 01 the 2011 Act- and to prapare financial statements which accord wilh Ihe accounting records and compty wllh the accounling requir8ments of the 2011 Acl have not bean met.. or (2) to which. in my opinion. attèntion should be drawn in order to enablé a proper understanding of the financial sla ements to be reached. Craig Stralford MAAT FCA Simpson Wood Limlted Chartered Accounlants Bank Chambers Market Slreet Huddersfield HD1 2EW 11 March 2025
PAROCHIAL CHURCH COUNCIL OF ST MARY THE VIRGIN ELLAND STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 Note Unrestrlcted Funds Restrlcted Funds TOTAL FUNDS 2024 TOTAL FUNDS 2023 Voluntary income (dire ivin 2{a) 25,306 1.350 26.656 32.479 Other voluntary income Gross Income from evenl$ and Activities 21b) 21¢ 7.660 7,660 9,418 Oiher ordlnary income 2{d) 30 30 Incomg from investmént TOTAL INCOMING RESOVRCES 2{è> 192 192 263 32,996 1,542 34.538 42.190 RESOURCES EXPENDED Grants 31a) 175 2.678 2,853 3.698 Support costs 31b) Oir•¢tly rélating lo the work of th8 churth Fund-raising and publicity 3{c) 34,964 34.964 53.835 31dl 440 440 470 Church managernenl and adminislralion TOTAL RESOURCES EXPENDED Transfers belween fvnds 31è) 2,498 2.498 2.290 38,077 2,678 40,755 60,293 NET INCOMINGI IOUTGOING) RESOURCES 15,081) 11,136) 16.217) 118.1031 GAINS & {LOSSES) ON INVESTMENTS Realiséd Unrealised TOTAL NET MOVEMENT IN FUNDS BALANCES BROUGHT FORWARD AT I JAN 2024 15.0811 11.136) (6,217) 118,1031 15,211 5,205 20.416 38,519 BALANCES CARRIÉD FORWARD AT 31 DEC 2024 10,130 4.069 14.199 20,416
PAROCHIAL CHURCH COUNCIL OF ST MARY THE VIRGIN ELLAND BALANCE SHEET AT 31 DECEMBER 2024 2024 2023 Note FIXED ASSETS Investments CURRENT ASSETS Cash at bank and in hand 14.697 20,914 CURRENT LIA81LITIES: amounts falllng due wlthln one year Accrued expenses 498 498 NET CURRENT ASSETS 14.199 20,416 £14,199 £20,416 FUNDS Unreslricled Restricted 10.130 4.069 15,211 5,205 £14,199 £20,416 Approved by the Parochlal Church Council on 11 March 2025 and signed on ils behalf by:" Revd Canon D 8urrows Redor Mrs J Haigh Lay Vlce Chaimian The notes on pages 7 10 11 form part of these accounts.
PAROCHIAL CHURCH COUNCIL OF ST MARY THE VIRGIN ELLAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Notè ACCOUNTING POLICIES The PCC is a public benelil within the meaning of FRS102. The financial slalements have been prepared under Ihe Charitie5 Act 2011 and in accordance with Ihe Church Accounting Regulations 2006 together with applicable accounting standards and the Charities SORP. The financial slatemenls have been ppared under the historical cosl conv8ntion excepl for the valuation of inveslmenl assets, which are Shown al market value. FUNDS Gen8ral fur)ds represent Ihe lunds of the PCC that ar8 not subject to 8ny restrictions regarding their use and are available for application on the general purposes of the PCC. Funds d8signaled for a particular purpose by the PCC are also unrestiicled. The accwnls include all Iransaclions, assets and liabilities for which the PCC is responsible in law. Th8y do not includ8 Ihe accounls of church groups that owe their main affiliation lo another body or those Ihat ar8 informal galherlngs of church members. INCOMING RESOURCES Voluntary Incom• and ¢apltal sources Collections are recognised when received by or on behav of the PCC. Planned giving receivable under Gift Aid is recognised only when received. Income lax recoverable on Gift Aid donation5 is recognised when received. Grants and legacies lo the PCC are accounled for as soon as Ihe PCC is notified of ts legal enlitlement. the amounl due is quantifiable and ils ultimale receipl by the PCC is reasonably certain. Funds raised by social events and from the sales of books and magazines are accounted for gross. other Income Rental income Irom the lelting of church premises is recognised when the rental is received. Income from investments Divld8nds and Interesl are accounted lor when received. Galns and losses on Invostménts Realised gains or losses are recognised when investments are sold. Unrealised gains or losses are a¢counled for on revaluation of investments at 31 December. RESOURCES USED Grants Grants and donalions are accounted for when paid over. or when awarded. ifthal award creales a binding obligalion on th8 PCC.
PAROCHIAL CHURCH COUNCIL OF ST MARY THE VIRGIN ELLAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Not ACCOUNTING POLICIES continued Activities directly relating lo the work of the Church The Common Fund payment15 accounled for vthon pad. Al th? year end, an amount remains outstandlng on Ihe Parish Share.. Ihis has not been provided for as there 15 no legal obligation to pay it. FIXED ASSETS Investments Invaslmenls arè valued at markèt value at 31 December. CURRENT ASSETS Amounts owing to Ihe PCC al 31 DeGember in respect of fees. rents or olher income are shown as debtors 18ss provision for amounts thal may prove uncolleclable. Short-lerm deposiis include cash held on deposit at Ihe bank.
PAROCHIAL CHURCH COUNCIL OF ST MARY THE VIRGIN ELLAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 INCOMING RESOURCES Uniestrlcted Funds Restrlcted Funds TOTAL FUNDS 2024 TOTAL FUNDS 2023 Note Volunla income Planned ivin Gift Aid dire¢l ivin 19,630 19.630 20.891 Incomè tax recoverable on gift aid 5.368 5.368 5.667 Other Ivin Collections at all services 428 428 362 Sund donations 308 922 1.230 5.559 DCMS Stheme VAT Refund TOTAL 25.306 1.350 26.656 32.479 Other volunla Granlg t)onalions. a eals. etc TOTAL 21c} Gross income from frvenls and activities Fetes. Bazaars, other fund ralsl events 6.472 6.472 7.090 Ma azines 403 403 411 Fees 785 785 1.917 TOTAL 7,660 7,660 9,418 Other ordina in¢omè Insurance claims Church Lettin 30 30 30 TOTAL 30 30 30 Incom& from invastsnenl Dividends and inleresl including any feclaimable tax 192 192 TOTAL 192 192 268 TOTAL INCOMING RESOURCES 32,996 1,542 34,538 42.190
PAROCHIAL CHURCH COUNCIL OF ST MARY THE VIRGIN ELLAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 RESOURCES EXPENDED Unreslriclfrd Funds Restricted Funds TOTAL FUNDS 2024 TOTAL FUNDS 2023 Not• Granis Missiona and charilable ivin Relief and developtnenl agencies Home missions and other Church societies 175 1,928 2.103 2.898 Secular charities 50 Da School 750 750 750 TOTAL 175 2,678 2,853 3,698 ort costs Sunda school leaders trainln TOTAL Education 3(c) Dlredty relallng lo Ihé work ol the Church Ministry.. Common Fund Clergy ewenses Church Nnnin9 expenses Church mainlenan¢e 11.000 2,032 2,032 13.939 13.437 Expenditure on magazin8 and bookslall Major repairslreplacamenls linstallalionsl or an resloralion 414 414 3.251 7,019 Sund 80 80 55 Salariès 480 480 of Services TOTAL 34,964 34,964 S3,835 Fund-raisin and blici Costs of Feles, bazaars, other (und rassing events 440 440 470 TOTAL 440 470 3181 Church managemanl and adminislralion Printin and slalione elc 2,000 1,792 Audil and accountanc fees 498 498 498 TOTAL 2,498 2,498 2,260 TOTAL RESOURCES EXPENDED 38,077 2,678 40.755 60.293 10
PAROCHIAL CHURCH COUNCIL OF ST MARY THE VIRGIN ELLAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Nolo STAFF COSTS - SALARIES During the period Ihe PCC had an Organlsl who Is self-8mploy8d. FIXED ASSETS Investments as Ilsted Nominal Value Market Value 31.12.24 Market Value 31.12.23 Restricted C.B.F. Deposit Fund C.B.F. Deposit Fund ANALYSIS OF NET ASSETS BY FUND Unrestrlcted Funds Roslrlcted Funds TOTAL 2024 TOTAL 2023 Fixed Assets CuTTenl Assets Current liabiliiies 10.628 (498) 4.069 14,697 {498) 20.916 (498) £10.130 £4.069 £14.199 £20,416 Restricted Funds were held in respecl of the Legacies and Building Funds.