The Parochial Church Council of the Ecclesiastical Parish of All Saints, Otley
Registered Charity number 1153498
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Annual Report and Financial Statements
for the year ended 31 December 2024
1
The Parochial Church Council of the Ecclesiastical Parish of All Saints, Otley
Annual Report and Financial Statements for the year ended 31 December 2024
| Contents | Page |
|---|---|
| Trustees' report | 3 to 11 |
| Independent Examiner's Report | 12 |
| Statement of financial activities | 13 |
| Balance sheet | 14 |
| Notes to the accounts | 15 to 23 |
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The Parochial Church Council of the Ecclesiastical Parish of All Saints, Otley
Trustees' report for the year ended 31 December 2024
Aims and Purposes
All Saints Parochial Church Council (PCC) has the responsibility of cooperating with the incumbent in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical. The PCC is also specifically responsible for the maintenance of All Saints Church, Kirkgate.
Objectives and Activities
The mission statement of the church is ‘Otley Parish Church – a Place for Everyone, with Christ at the Centre.’ The variety of worship services held throughout each month as well as during the festival seasons aim to minister across the age spectrum of the parish. Our services and worship seek to assist people to put faith into practice through prayer and scripture, music and sacrament.
When planning our activities for the year, we have considered the Charity Commission’s guidance on public benefit and, in particular, the supplementary guidance on charities for the advancement of religion. We try to enable ordinary people to live out their faith as part of our parish community through:
Worship and prayer, learning about the gospel; and developing their knowledge and trust in Jesus;
Provision of pastoral care for people living in the parish;
Missionary and outreach work.
To facilitate this work it is important to maintain the fabric of the Church Centre complex of All Saints.
Achievements and Performance
Incumbent
Reverend Aaron Kennedy completed his second year as the Vicar of Otley during 2024. There continues to be an emphasis on the expansion of provision for young people. Aaron led the PCC through the Leading Your Church into Growth initiative and is now looking to help develop an in-house initiative to determine our priorities for mission.
Aaron continues to be supported by several retired priests in the Parish in both leading services and pastoral care. In addition, Martin Hird completed his training in 2024 and became our second Licensed Lay Minister.
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The Parochial Church Council of the
Ecclesiastical Parish of All Saints, Otley
Trustees' report (continued) for the year ended 31 December 2024
Achievements and Performance (continued)
Worship and Prayer
The PCC is keen to offer a range of services during the week and throughout the year that our community find both beneficial and spiritually uplifting.
The regular pattern of worship services through the year has involved our main service at 10.30am each Sunday, which is livestreamed and available online afterwards. If baptism services are excluded from the calculation, the average regular attendances at the 10.30am service has grown from 102 adults in 2023 to 112 adults in 2024.
Once a month on Sundays we have a quiet communion service at 8.30am and a lively Activate service at 4pm (followed by pizza). Midweek we offer a quiet communion service at 11am every Tuesday and a service of Evening Prayer is held each Monday to Thursday during school term time. In addition to the regular services 23 funerals were held during the year (2023: 18).
Followng the adoption of a new Baptism policy in 2023, 3 baptisms were held during the year (2023: 8). There were also 3 services of Holy Matrimony in 2024 (2023: 2).
Mary Pike continued her leadership of Sunday Club and the PCC thanks Mary and all the volunteers for this important ministry. New helpers are needed and welcomed.
The Christmas Tree Festival was again popular and well received, raising significant funds for local charities and the church. The PCC express their thanks to Allan Boddy, Margaret Parkin, Barbara Nicholls, Esther Drewett and Beryl and Stephen Hey for their organisation and hard work.
Links with local schools continued. We hosted the leavers' service, Harvest service and Christmas service for All Saints Primary School. Monkey Puzzle Nursery also used the church for their nativity. Prince Henry’s Grammar School choir joined our church choir for the Christmas carol service.
Christingle services continue to provide the largest congregation of the year with very high attendances at both noon and 4pm on Christmas Eve. Thanks to Simon and Becky’s greengrocers for the donation of the 500 oranges.
Deanery Synod
Norman Barr and Barry Milner continued as our representatives on the Deanery Synod. A new Area Dean has been apointed and he is working to improve the way Deanery functions and to encourage more co-operation between churches in the Deanery. The meetings made us aware of the financial difficulties of the Diocese.
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The Parochial Church Council of the
Ecclesiastical Parish of All Saints, Otley
Trustees' report (continued) for the year ended 31 December 2024
Achievements and Performance (continued)
The Church Centre Complex
The main Church building is the oldest building in Otley and is a Grade 1 listed building; it is open during the day for private prayer. We have reviewed the security of the building in 2024. We have started to reorganise the vestries to provide more room for meetings. Remedial work is being carried out in the Bell Tower. A Faculty was approved for carrying out necessary work on the trees in the churchyard.
The church owns and uses a semi-detached property, "The Chestnuts", adjacent to the main building, as its parish office. Part of The Chestnuts is used by Otley Christian Resources Hub as a base for its work. There is also a regular booking for weekly use by the Wharfedale Talking News for making their recordings.
The Parish Room is used throughout the week - the craft group meet on alternate Mondays and Newall Ladies Fellowship hold their meetings there on Monday afternoon.
On Tuesday afternoons the room is used for ‘Open House’. We offer a warm space in winter, free refreshments, companionship, and signposting to potential help for a wide range of guests. We cater for 20 - 30 guests each week. We are grateful to Bondgate Bakery for providing a selection of bread and pastries each week (the "Bun Run"!). The sessions are registered with Leeds City Council as a ‘Welcome Space’ during the winter, for which we have received grants towards our heating and other additional costs.
On Wednesday the Parish Room is used by Baby Rascals and Little Rascals, providing a welcoming space for babies and their carers and for pre-school children and their carers. On Friday we hold a café offering hot drinks and cakes, with proceeds going towards church costs. When available, the room is used by families for refreshments after funeral services and other meetings and events.
The PCC is very grateful to all the volunteers who combine to allow us to offer all these activities.
Pastoral Care
Following the reorganisation of Pastoral Care in 2023 we continued to develop the way Pastoral Care provision is delivered in the Parish.
Mission and Evangelism
PCC has continued to strengthen how we deliver children and youth work. Missional Generation provide our Youth Worker, Maria O’Hagan, and presented to the PCC meeting in September 2024 on how she is helping to progress our youth and children’s ministry. Maria continues to develop links with Prince Henry’s Grammar School through Leeds Faith in Schools.
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The Parochial Church Council of the
Ecclesiastical Parish of All Saints, Otley
Trustees' report (continued) for the year ended 31 December 2024
Achievements and Performance (continued)
Mission and Evangelism (continued)
Eric and Alison Cairns again offered the Pre-Marriage course. Many members of the congregation are following the SACRED bible study course (Simply a Chapter Read Each Day) written by Reverend Phil Moon. A group meet regularly with Phil to review the studies.
A Parish Weekend Away took place in June 2024 at the The Hayes Conference Centre, Swanwick. Teaching sessions were led by representatives of the London Institute for Contemporary Christianity. This proved a wonderful opportunity to improve our sense of community and brought together our growing church family.
Our charity focus is led by the Local to Global group. Kisiizi Hospital in Uganda is the global charity supported. In 2024 Leeds Faith in Schools became the local charity supported. This was timely, as Leeds Faith in Schools has a funding issue with continuing work within Prince Henry’s Grammar School. Various Local to Global fundraising events were held during 2024
Ecumenical Relationships
The Church is a member of Churches Together in Otley (CTO). Prayer Breakfasts are held on the first Saturday of the month, on rota between churches. John Simkin remains our prime contact with the CTO and continues his work with the Otley Prayer Network.
Otley Youth and Community Centre (OYCC) sessions are held on Tuesday afternoons during school terms at Bridge URC Church, supported by Leeds Faith in Schools and now assisted by Maria, our youth worker, and other volunteers from our church.
The Easter Cross on the Chevin went up for the traditional four weeks, with large community support and media coverage.
Financial Review
Apart from the income and costs associated with the Church Weekend Away, 2024 was a normal year in the financial life of the Church. This demonstrated that with the high level of energy costs, increased parish share and fees for a youth worker, the underlying level of income is not currently sufficient to meet the costs of the Church’s mission commitments. The PCC has addressed this by committing to use cash reserves to finance deficit spending for up to a further two years, while publicising the issues to the congregation and seeking additional offerings and other income. Increased offering levels indicate a positive response to this “Stewardship” campaign, while not yet adequate to cover the full deficit.
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The Parochial Church Council of the Ecclesiastical Parish of All Saints, Otley
Trustees' report (continued) for the year ended 31 December 2024
Achievements and Performance (continued)
Financial Review (continued)
Activities during the year included the Friday cafe, Little and Baby Rascals and the Christmas Tree Festival. These activities, together with letting of Church premises, contributed income of £8,877 (2023: £8,481). Fees from weddings and funerals amounted to £9,314 (2023: £6,710), with a large number of funerals early in the year. Lettings of the Church centre for charitable purposes gave income of £1,800, which was for the regular use of The Chestnuts by the Otley Christian Resources Hub (OCRH).
The Church Weekend in June 2024 incurred total costs of £21,370, comprising the conference centre fees, costs of the guest speakers and musician and sundry other expenses of the event. £6,586 of this cost was met from donations to the Bursary Fund to subsidise costs, in particular for those unable to afford the full fees. Fees paid amounted to £12,480. In order to fund the deficit, the PCC agreed to de-designate the English Fund of £3,000. This designated fund was created out of a legacy from Jeff English, who was an enthusiast for events of the nature of the weekend away.
Deposit interest of £5,304 was received, with interest rates now at more normal levels.
Total receipts on unrestricted funds were £184,603. Unrestricted voluntary donations amounted to £120,752 with a further £26,785 recovered through Gift Aid. Grants of £591 were also received, making total voluntary income of £148,228. This represented a gratifying increase of 7% on income in 2023.
£212,293 was spent from unrestricted funds to provide the ministry of All Saints - an increase of £28,245 from 2023. A large proportion of the increase was attributable to the cost of the Church Weekend Away. Other factors contributing to the increase were a further rise in our parish share, the first full year of fees for our part-time youth worker and and general inflationary cost increases, partly offest by lower energy costs.
No repairs were funded from either the designated funds held for the upkeep of the fabric of the church building or from the Restricted Fabric Fund during 2024.
Donations of £329 in memory of Dorothy Mainprize were received following her funeral service, restricted to spending on the Church roof. Consequently a restricted fund (the "Roof Fund") was created to hold these gifts. Further gifts and associated gift aid tax refunds were received subsquently and this money was partially utilised to cover costs of a feasiblity study for roof replacement.
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The Parochial Church Council of the Ecclesiastical Parish of All Saints, Otley
Trustees' report (continued) for the year ended 31 December 2024
Financial Review (continued)
Donations totalling £1,543, designated for charitable causes supported by the Church, were received and distributed during the year. These causes included one charity operating outside the UK, Kisiizi Hospital in Uganda, and two local charities, Otley Food Bank and Caring for Life. Donations of £216, received in 2023 in memory of Stephen Turner, were spent on planting in the church grounds.
Reserves Policy
Following the sale of the Newall Church Hall in 2020, the PCC carried out a review of this policy. The first part of the policy is to maintain a balance on unrestricted together with designated funds that equates to at least six weeks unrestricted payments. This is currently amounts to approximately £23,000. Unrestricted reserves totalled £119,533 at the end of 2024.
The PCC also targets to hold at least £50,000 in the restricted Fabric Fund to take account of its responsibility in maintaining a Grade 1 listed building and the oldest building in Otley. The current balance on the Fabric Fund is well in excess of this at £95,256. There are plans for substantial further building maintenance and repair during the next few years, in particular to address the thermal efficiency of the building.
Prevailing advice is that a lower and upper threshold for reserves should be in place. It was decided in 2020 to adopt a lower and upper thresholds of £30,000 and £100,000 respectively, but taking account of any planned capital expenditure. The PCC is aware that the church roof is in a poor state of repair and that the energy efficiency of the church building requires significant improvement to meet the Church of England's "net zero" carbon target. The costs of projects to address these issues would well exceed the curent level of reserves. In the circumstances, the PCC deems it appropriate to retain a high level of financial reserves.
Volunteers
We would like to thank all the volunteers who work so hard to make our church the lively and vibrant community it is. We particularly want to mention our church warden Tom Raper who worked tirelessly on our behalf. We also express our gratitude to Kevin Keefe, who stood down as warden in July 2024 after six years in that role. We continue the search for a second person to act as church warden and support Tom.
Our Safeguarding Officer, Jenny Liston, seeks to ensure that the church complies with all safeguarding legislation with access to the necessary help, advice and training provided by the Diocese. In November 2024 we highlighted Safeguarding Sunday with a special service focussing on safeguarding in the Parish.
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The Parochial Church Council of the Ecclesiastical Parish of All Saints, Otley
Trustees' report (continued) for the year ended 31 December 2024
Structure, Governance and Management
The Parochial Church Council is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure (1956) as amended and Church Representation Rules 2020. The PCC is a Registered Charity.
The method of appointment of PCC members is set out in the Church Representation Rules. At All Saints the membership of the PCC comprises the incumbent (our vicar), Church Wardens and other members elected by those members of the congregation who are on the electoral roll of the church. All those who regularly attend church are encouraged to register on the Electoral Roll and stand for election to the PCC.
The Parochial Church Council of the Ecclesiastical Parish of All Saints, Otley was granted registered charity status in 2013 by the Charity Commission (Registered charity number 1153498).
The PCC members are responsible for making decisions on all matters of general concern and importance to the parish including deciding how the funds of the PCC are to be spent. New members receive initial training into the workings of the PCC.
The full PCC met nine times during the year with an average attendance of 77%. The Annual Meeting was held on 5th May 2024. The number of PCC members has reduced from 17 to 15 with the resignations of Kevin Keefe and Amie Smith.
The committees include pastoral, prayer, sustainability group, local to global group, bell ringers and communications. All committees are responsible to the PCC and report back to it regularly, informing the full PCC of decisions reached and discussed as necessary. A regular report is also received from the Foundation Governors of All Saints Primary School.
The Carbon Net Zero Group, formed in 2023, continued to look at how to meet our environmental commitments. After some quick wins to reduce energy consumption the focus has been on the major project to insulate the roof and to study the possible installation of solar panels and some form of heat pump. The group has commissioned a Feasibility Study from our architect which has been shared with the Diocese. A Statement of Significance and Statement of Need have been drawn up, shared with our architect and submitted to the Diocese for comment. A full faculty application will be submitted in 2025.
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The Parochial Church Council of the
Ecclesiastical Parish of All Saints, Otley
Trustees' report (continued) for the year ended 31 December 2024
Administrative Information (continued)
Administrative Information
Otley Parish Church is situated in Kirkgate, Otley, West Yorkshire LS21 3HW and is part of the Diocese of Leeds within the Church of England. The correspondence address is: The Chestnuts, Burras Lane, Otley LS21 3HS
The Parochial Church Council (PCC) is a body corporate (PCC Powers Measure 1956, Church Representation Rules 2020) and a registered charity (number 1153498).
PCC members who have served at any time from 1st January 2023 until the date of this report:
| Clergy: | Rev. Aaron Kennedy | Vicar and Chairperson |
|---|---|---|
| Church Wardens: | Mr. Kevin Keefe | Until July 2024 |
| Mr. Thomas Raper | ||
| Elected members: | Mr. Allan Boddy | Lay Chairperson |
| Mr. Norman Barr | ||
| Mr. Eric Cairns | ||
| Mr. Kenneth Dale | ||
| Mrs. Rosemary Ellen | ||
| Rev. Stewart Hartley | ||
| Mrs. Jacqueline Hird | ||
| Mr. Martin Hird | ||
| Mrs. Maguerita Lolashvili | ||
| Mr. Barry Milner | Secretary | |
| Mrs. Glynis Milner | ||
| Mr. Anthony Pike | Treasurer | |
| Dr. John Simkins | ||
| Ms. Amie Smith | Until February 2024 |
The Vicar, Church Wardens and elected members of the PCC are all trustees of the charity.
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The Parochial Church Council of the Ecclesiastical Parish of All Saints, Otley Trustees. report (continued) for the year ended 31 December 2024 Administrative Information (continued) Other Officers.. Licensed Lay Ministers.. Mrs, Jacqueline Hird Mr. Martin Hird From September 2024 Assistant Church Wardens: Mrs. Barbara Nicholls Mr. Martin Hird Mr. Kevin Keefo Mr. Barry Milner Ms. Sarah Mccormack Church Administrator: Deanery Synod Representatives.. Mr. Barry Milner Mr. Norman Barr Safeguarding Officer: Ms. Jennifer Liston Advisers Independent Examiner: Simon Bostrom West Yorkshire Community Accounting Service Slringer House 34 Lupton Street Leeds LS10 2QW Bankers.. Barclays Bank UK PLC Leicester LE87 2BB Investment Manager.. Epworth Investment Management Ltd. Methodist Church House 25 Tavistock Place London WC1H 9SF The Trustees, Annual Report and Financial Statements were approved by the PCC on 24th March 2025 and signed on their behalf by Mr. Allan Boddy (Lay Chairperson). Signed
The Parochial Church Council of the Ecclesiastical Parish of All Saints, Otley
Independent examiner's report to the trustees of the Parochial Church Council of the Ecclesiastical Parish of All Saints Otley
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2024, which are set out on pages 13 to 23.
Responsibilities and basis of report
As the charity trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the charity's accounts as carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I 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:
-
1 accounting records were not kept in respect of the charity as required by section 130 of the Charities Act; or
-
2 the accounts do not accord with those records; or
-
3 the accounts do not comply with the applicable requirements concerning the form 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 fair view' which is not a matter considered as part of an independent examination.
I have no concerns and 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 accounts to be reached.
Signed: …………………………………… Name: Simon Bostrom FCIE
Date: ……31/03/2025….
West Yorkshire Community Accountancy Service CIO
Stringer House 34 Lupton Street Leeds LS10 2QW
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The Parochial Church Council of the Ecclesiastical Parish of All Saints, Otley
Statement of Financial Activities for the year ended 31 December 2024
| Notes Income Voluntary income 2(a) Activities for generating funds 2(b) Income from investments 2(c) Church activities 2(d) Total income Expendture Church activities 3(a) Raising funds 3(b) Total expenditure Net income / (expenditure) Transfers between funds 6 Net movement in funds Fund balances brought forward Fund balances carried forward 11-13 |
2024 Unrestricted funds £ 148,228 8,877 5,304 22,194 184,603 211,378 915 212,293 (27,691) 3,000 (24,691) 334,321 309,630 |
2024 Designated funds £ - - 381 - 381 - - - 381 (3,000) (2,619) 28,334 25,715 |
2024 Restricted funds £ 7,633 - 5,070 - 12,703 12,035 - 12,035 668 - 668 106,424 107,092 |
2024 Total funds £ 155,861 8,877 10,755 22,194 197,687 223,413 915 224,328 (26,641) - (26,641) 469,079 442,437 |
2023 Total funds £ 148,278 8,481 9,451 10,760 |
|---|---|---|---|---|---|
| 176,970 | |||||
| 187,490 946 |
|||||
| 188,436 | |||||
| (11,466) - |
|||||
| (11,466) 480,545 |
|||||
| 469,079 |
All incoming resources and resources expended derive from continuing activities.
13
The Parochial Church Council of the Ecclesiastical Parish of All Saints, Otley Balance sheet as at 31 December 2024 2024 2023 Notes Tol81 Total Flxed assets Tangible assets Investmenls Total flxed assets 217,300 216,350 217.300 216,350 Current assets Debtors and prepayments Short term deposits Cash al bank and in hand Total current assets 2.257 218,252 10,754 231 263 8,939 248,998 5,408 263,345 Currant Ilabllltl68'. amounts falllng duo withln one year Cr8ditors and aGcrua Is Total current Ilabllitias 6,126 10,616 10,616 Net current assets l {liabilitlesl 225,137 252,729 Total assats les s current liabilltles 442,437 469 079 Net assets 442 437 469,079 Funds Unreslri¢led funds Designated funds Reslricled fu nd s Total funds 309,630 25,715 107092 442,437 334,321 28,334 106424 469,079 The financial statements were approved by the Parochi81 Church Council on Date.. 24 March 2025 Signed.. Name Mr. Allan Boddy {Lay Chairperson) 14
The Parochial Church Council of the Ecclesiastical Parish of All Saints, Otley
Notes to the accounts
for the year ended 31 December 2024
1 Accounting policies
Basis of accounting
The PCC is a public benefit entity within the meaning of FRS102. 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. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
Going concern
The Church has since March 2020 been impacted by the global Covid-19 pandemic and, more recently by the global energy crisis. The trustees have reassessed the charity’s ability to continue for at least 12 months from the date that the accounts are approved and conclude that no material uncertainties exist that cast significant doubt on the charity’s ability to continue as a going concern. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Incoming resources
Income in the Statement of Financial Activities is recognised when the Church has entitlement to the funds, any performance conditions attaching to the item(s) have been met, it is probable that the income will be received and the amount can be measured reliably.
Donations, grants, gifts and lettings income are recognised when receivable.
Income from legacies is recognised once probate has been granted, provided that sufficient information has been received to enable valuation of the Church's entitlement.
Expenditure and liabilities
Expenditure is included in the Statement of Financial Activities on an accruals basis and includes irrecoverable VAT.
Staff costs
The costs of short term employee benefits are recognised as expense where settlement of obligations does not fall within the same period.
Pension costs
The church participates in the Pension Builder Scheme section of CWPF for lay staff, which is a multi employer defined benefit pension scheme. The charity is unable to identify its share of the assets and liabilities and there is no requirement for deficit payments at the current time. In accordance with FRS 102, amounts paid to the scheme are accounted for as if they were those of a defined contribution scheme.
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The Parochial Church Council of the Ecclesiastical Parish of All Saints, Otley
Notes to the accounts
for the year ended 31 December 2024
1 Accounting policies continued
Taxation
As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
Tangible fixed assets
Consecrated and benefice property
In so far as consecrated and benefice property of any kind is excluded from the statutory definition of ‘charity’ by Section 10(2)(a) and (c) of the Charities Act 2011 such assets are not capitalised in the financial statements.
Moveable church furnishings
These are capitalised at cost and depreciated over their useful economic life other than where insufficient cost information is available. In this case the item is not capitalised, but all items are included in the Church’s inventory in any case.
Tangible fixed assets for use by the charity
These are capitalised if they can be used for more than one year, and cost at least £1,000. They are valued at cost or else, for gifts in kind, at a reasonable estimate of their open market value on receipt. Depreciation is calculated to write off the capitalised cost of fixed assets less their currently anticipated residual fair value over their estimated useful lives as follows:
Freehold land and property: nil
Equipment and furnishings: lower of 4 years of estimate of useful life
Most of the equipment and furnishings were purchased in 2015 and are fully depreciated. The trustees estimate that the residual value of this equipment and furnishings is not less than £5,000 and this value is reflected in the balance sheet.
No depreciation is provided on buildings as the currently estimated residual value of the properties is not less than their carrying value and the remaining useful life of these assets currently exceeds 50 years, so that any depreciation charges would be immaterial. An impairment review is carried out at each year-end and any resultant loss identified included in expenditure for the year.
Fund accounting
Unrestricted funds are available for use at the discretion of the PCC in furtherance of the general objectives of the charity.
Designated funds are unrestricted funds earmarked by the PCC for particular purposes.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
The charity has no endowment funds.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
16
The Parochial Church Council of the Ecclesiastical Parish of All Saints, Otley
Notes to the accounts continued
for the year ended 31 December 2024
2 Income
| 2(a) Voluntary income Planned Giving Gift Aid Donations Tax recoverable Other donations Collections at services Other donations Tax recoverable Restricted donations Tax recoverable Grants Legacies |
2024 Unrestricted funds £ 84,943 21,236 10,721 - 25,088 5,549 - - 591 100 148,228 |
2024 Designated funds £ - - - - - - - - - - - |
2024 Restricted funds £ - - - - - 6,387 596 650 - 7,633 |
2024 Total funds £ - 84,943 21,236 10,721 - 25,088 5,549 6,387 596 1,241 100 155,861 |
2023 Total funds £ 72,017 18,004 13,347 - 29,153 5,942 7,277 - 2,538 - |
|---|---|---|---|---|---|
| 148,278 |
Grants represent monies received under The Listed Places of Worship (LPW) Grant Scheme, which gives grants that cover the VAT incurred in making repairs to listed buildings in use as places of worship and monies received from West Yorkshire Mayor's Cost of Living Fund to help meet the Church's additional costs in providing a weekly "Warm Space".
2(b) Activities for generating funds
| Café Little Rascals Other events Church centre lettings 2(c) Investment income Deposit interest 2(d) Church activities Fees for wedding and funerals Church centre and hall lettings Church Weekend Fees |
1,905 800 1,983 4,189 8,877 5,304 5,304 9,314 1,800 11,080 22,194 |
- - - - - 381 381 - - - - |
- - - - - 5,070 5,070 - - - - |
1,905 800 1,983 4,189 8,877 10,755 10,755 9,314 1,800 11,080 22,194 |
1,606 800 2,485 3,590 |
|---|---|---|---|---|---|
| 8,481 | |||||
| 9,451 | |||||
| 9,451 | |||||
| 6,710 2,640 1,410 |
|||||
| 10,760 |
17
The Parochial Church Council of the Ecclesiastical Parish of All Saints, Otley
Notes to the accounts continued for the year ended 31 December 2024
| 3 Expenditure 3(a) Church activities 2024 Unrestricted funds £ Missionary and charitable giving Overseas: Kisiizi Hospital - Christian Aid - Red Cross - Armenian Ministires - Home: OCRH 1,620 Leeds Faith in Schools - Otley Food Bank - Caring for Life - Children's Society - Sundry 753 Diocesan parish share 100,711 Missional Generation fees 20,320 Clergy and staffing costs 16,097 Costs of services 6,822 Parish training & mission 14,784 Fees & costs for weddings and funerals 3,732 Administration expenses 6,083 Church centre running expenses 28,030 Church centre repairs and maintenance 12,427 Church roof project costs - Newall Hall running costs - Salvation Army development fee - 211,378 3(b) Raising funds Costs of enabling donations 135 Fund raising events 780 915 |
2024 Designated funds £ - - - - - - - - - - - - - - - - - - - - - - - - - - |
2024 Restricted funds £ 807 - - - - 702 - 35 - 216 - - - - 6,586 - - 545 - 3,144 - - 12,035 - - - |
2024 Total funds £ 807 - - - 1,620 702 - 35 - 969 100,711 20,320 16,097 6,822 21,370 3,732 6,083 28,575 12,427 3,144 - - 223,413 135 780 915 |
2023 Total funds £ 1,238 387 339 100 1,500 - 100 833 191 835 93,958 8,000 15,061 8,795 - 3,211 7,238 36,799 8,905 - - - |
|---|---|---|---|---|
| 187,490 | ||||
| 56 890 |
||||
| 946 |
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The Parochial Church Council of the Ecclesiastical Parish of All Saints, Otley
Notes to the accounts continued
for the year ended 31 December 2024
4 Analysis of expenditure including allocation of support costs
| Church activities Raising funds Support costs IT costs, software and copyright licences Independent examination fee Raising funds 5 Staff costs and Trustee expenses Gross salaries Pensions |
2024 Unrestricted funds £ 1,813 660 135 2,608 |
2024 Designated funds £ - - - - |
Direct costs £ 220,940 780 221,720 2024 Restricted funds £ - - - - |
Support costs £ 2,473 135 2,608 2024 Total funds £ 1,813 660 135 2,608 2024 £ 11,101 611 11,712 |
Total £ 223,413 915 |
|---|---|---|---|---|---|
| 224,328 | |||||
| 2023 Total funds £ 2,064 792 319 |
|||||
| 3,175 | |||||
| 2023 £ 10,473 577 |
|||||
| 11,050 |
The average number employees during the year was 1, being an average of 0.4 full time equivalent (2023: 1, 0.4 FTE).
| The average number employees during the year was 1, being (2023: 1, 0.4 FTE). |
an average of 0.4 full time | equivalen |
|---|---|---|
| Defined benefit pension scheme | 2024 | 2023 |
| £ | £ | |
| Costs of the scheme to the charity for the year | 611 | 577 |
There were outstanding contributions of £164 (2023: £252) due at the year end.
The Church relies on the services of volunteers to assist with the management of the Church. This intangible cost is not included in the Statement of Financial Activities, since there is no measurable cost to the volunteers of their service.
The members of the PCC are considered to be the key management personnel of the Church. No trustee is remunerated by the Church. Eight trustees (2023: nine) received expenses totalling £4,649 (2023: £6,154) in respect of travel, training and payments for resources made on behalf of the Church.
6 Analysis of transfers between funds
| ansfers between funds | |||
|---|---|---|---|
| Unrestricted | Designated | Total | |
| £ | £ | £ | |
| English Fund removal of designation | 3,000 | (3,000) | - |
The PCC authorised the transfer of £3,000 from the English Fund to the General Fund during the year (2023: none).
19
The Parochial Church Council of the Ecclesiastical Parish of All Saints, Otley
Notes to the accounts continued for the year ended 31 December 2024
| 7 | Tangible assets Cost At 1 January 2024 Additions Disposals At 31 December 2024 Depreciation At 1 January 2024 Charge for year At 31 December 2024 Net book value At 31 December 2024 At 31 December 2023 |
210,000 - - 210,000 - - - 210,000 210,000 Property |
£ 6,799 2,348 - 9,147 449 1,398 1,847 7,300 6,350 Church equipment |
Total £ 216,799 2,348 - |
|---|---|---|---|---|
| 219,147 | ||||
| 449 1,398 |
||||
| 1,847 | ||||
| 217,300 | ||||
| 216,350 |
The premises at The Chestnuts, Burras Lane are included in the balance sheet at open market value as at 1 January 2014, the date of transition to FRS102, which has been adopted as original cost in accordance with the provisions of the reporting standard.
| 8 Debtors and prepayments Debtors Tax recoverable under gift aid Other Prepayments 9 Cash at bank and in hand Barclays Bank Business Current Account Barclays Bank Business Premium Account Epworth Cash Plus Fund 10 Creditors and accruals Creditors - utility costs Independent examiner's fee Other accruals |
2024 £ 2,257 - - 2,257 2024 £ 10,754 11,089 207,163 229,006 2024 £ 2,631 660 2,835 6,126 |
2023 £ 2,132 1,687 5,120 |
|---|---|---|
| 8,939 | ||
| 2023 £ 5,408 37,262 211,736 |
||
| 254,406 | ||
| 2023 £ 4,125 792 5,699 |
||
| 10,616 |
20
The Parochial Church Council of the Ecclesiastical Parish of All Saints, Otley
Notes to the accounts continued for the year ended 31 December 2024
| Designated funds Fabric Fund (designated) Covid Fund English Fund Gill Fund Hindle Fund |
Balance b/f £ 24,147 375 3,000 132 680 28,334 |
Incoming £ 381 - - - - 381 |
Outgoing £ - - - - - - |
Transfers £ - - (3,000) - - (3,000) |
Balance c/f £ 24,528 375 - 132 680 |
|---|---|---|---|---|---|
| 25,715 |
11 Designated funds
Fund name
Fabric Fund (designated)
Covid Fund
English Fund Gill Fund Hindle Fund
Purpose of designation
Legacies and other funds designated for funding maintenance and improvement of the Church building.
Donation designated to help those suffering financially from the effects of the pandemic.
Donations in memory of Jeff English designated to fund outreach events. Donations in memory of Bernard Gill designated to fund outreach events. Legacy designated to meet non-recurring expenditure.
| Restricted funds Church Weekend Bursary Fund Welcome Space Fund Charitable Donations Fund Fabric Fund (restricted) Roof Fund Bells Fund Altar, Flower and Bible Fund |
Balance b/f £ 4,812 420 216 90,663 - 9,401 912 106,424 |
Incoming £ 1,774 775 1,543 4,593 3,517 476 24 12,702 |
Outgoing £ 6,586 545 1,759 - 3,144 - - 12,034 |
Transfers £ - - - - - - - - |
Balance c/f £ - 650 - 95,256 373 9,877 936 |
|---|---|---|---|---|---|
| 107,092 |
12 Restricted funds
Fund name
Church Weekend Bursary Fund Welcome Space Fund
Charitable Donations Fund Fabric Fund (restricted)
Roof Fund
Bells Fund
Altar, Flower and Bible Fund
Purpose of restriction
Gifts to subsidise the costs for attendees unable to afford the full fee of the Church Weekend conference in June 2024.
Grant from West Yorkshire Mayor's Cost of Living Fund to help meet costs in providing a weekly "Warm Space" on church premises. Gifts restricted to charitable causes supported by the Church. Legacies and other funds restricted to funding maintenance and improvement of the Church building.
Gifts, grants and other income restricted to funding the project for replacing the Church roof.
Funds raised by the team of bellringers restricted to be used for works to the bells or equipment used in the bell tower
Donations restricted for use to maintain the altar table equipment, the purchase of flowers and the provision of Bibles to children being baptised.
21
The Parochial Church Council of the Ecclesiastical Parish of All Saints, Otley
Notes to the accounts continued for the year ended 31 December 2024
12 Restricted funds continued
Agency Collections
As agent the Church collected funds of £2,946 (2023: £1,516) in respect of charitable donations for the support of other charities and weddings fees of £723 (2023: £458) collected on behalf of the Leeds Diocese. At the year end a sum of £1,459 (2023: nil) remained to be passed on to the Children's Society.
| 13 Unrestricted funds General Fund 14 Summary of Assets by Fund Assets: Tangible fixed assets Short term deposit accounts Cash at bank Debtors Liabilities: Creditors and accruals |
Balance b/f £ 334,321 2024 Unrestricted funds £ 217,300 86,491 9,737 2,228 (6,126) 309,630 |
Incoming £ 184,603 2024 Designated funds £ - 25,715 - - - 25,715 |
Outgoing £ 212,293 2024 Restricted funds £ - 106,046 1,017 29 - 107,092 |
Transfers Balance c/f £ £ 3,000 309,630 2024 2023 Total Total funds funds £ £ 217,300 216,350 218,252 248,998 10,754 5,408 2,257 8,939 (6,126) (10,616) 442,437 469,079 |
Transfers Balance c/f £ £ 3,000 309,630 2024 2023 Total Total funds funds £ £ 217,300 216,350 218,252 248,998 10,754 5,408 2,257 8,939 (6,126) (10,616) 442,437 469,079 |
|---|---|---|---|---|---|
| 469,079 |
15 Related party transactions
Three related parties (2023: three) received amounts totalling £532 (2023: £532) as reimbursement of expenses or payments for work done on behalf of the Church.
Mrs. J Boddy £28 Reimbursement for purchase of flowers for Mothering Sunday Mrs. M Pike £344 Reimbursement for purchase of sundry resources for Sunday Club Webshare Solutions Ltd. £150 Fee for hosting Church website
Mrs J Boddy, Mrs. M Pike and Mrs A Simkins are married to PCC members. Webshare Solutions is a company controlled by the son of a former PCC member.
Known donations of £33,414 (2022: £27,253) were received from trustees during the year.
16 Contingent liability
There were no contingent liabilities at the year end. (2023: maximum liability of £25,600 in respect of the Church Weekend Conference).
22
The Parochial Church Council of the Ecclesiastical Parish of All Saints, Otley
Notes to the accounts continued for the year ended 31 December 2024
17 Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 December 2024
| 2024 Unrestricted funds £ Income Voluntary income 148,228 Activities for generating funds 8,877 Income from investments 5,304 Church activities 22,194 Total income 184,603 Expendture Church activities 211,378 Raising funds 915 Total expenditure 212,293 Net income / (expenditure) (27,691) Transfers between funds - Net movement in funds (27,691) Fund balances brought forward 334,321 Fund balances carried forward 306,630 |
2024 Designated funds £ - - 381 - 381 - - - 381 - 381 28,334 28,715 |
2024 Restricted funds £ 7,633 - 5,070 - 12,703 12,035 - 12,035 668 - 668 106,424 107,092 |
2024 Total funds £ 155,861 8,877 10,755 22,194 197,687 223,413 915 224,328 (26,641) - (26,641) 469,079 442,437 |
2023 Unrestricted funds £ 138,442 8,481 5,195 10,760 162,878 183,102 946 184,048 (21,170) - (21,170) 355,491 334,321 |
2023 Designated funds £ - - - - - - - - - - - 28,334 28,334 |
2023 Restricted funds £ 9,836 - 4,256 - 14,092 4,388 - 4,388 9,704 - 9,704 96,720 106,424 |
2023 Total funds £ 148,278 8,481 9,451 10,760 |
|---|---|---|---|---|---|---|---|
| 176,970 | |||||||
| 187,490 946 |
|||||||
| 188,436 | |||||||
| (11,466) - |
|||||||
| (11,466) 480,545 |
|||||||
| 469,079 |
23