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← The Parish of Tiptree with Tolleshunt Knights and Great Braxted

2024-12-31-accounts

Parish of Tiptree with Tolleshunt Knights and Great Braxted (Formerly Parish of Tolleshunt Knights with Tiptree)

Financial Statements of the Parochial Church Council

for the year ended 31 December 2024

Members of the PCC during the year

Incumbent:

Rev'd Anne-Marie Renshaw

Churchwardens:

Mrs S Gunson Mr M Puttick (Resigned July 2024)

Other Members

(elected at special parish meeting 14 January 2024)

Rev'd E Barnes Mrs W Borgartz Mr I Calvert Mrs S Copsey Mr C Eastbrook Mrs L Eastbrook (Resigned January 2025) Rev'd C Eaton Mr D Eaton Mrs J Hornett Mr K Hornett Rev'd C Newmarch Miss A Renshaw Mrs D Webb Mrs A Weston Mr E Wilson

Deanery Synod Members

Mr M Borgartz Mrs P Swindle Dr H Toms - Reader

Ex Officio Members

Dr H Toms - Reader Rev J Crompton Battersby (to February 2024)

The attached financial statements were approved and signed by the PCC on 27 March 2025

Charity number: 1154944

Parish of Tiptree with Tolleshunt Knights and Great Braxted (Formerly Parish of Tolleshunt Knights with Tiptree)

Financial Statements Of the Parochial Church Council

Annual report 1 – 3
Financial Statement – Receipts & Payments Account 4
Statement of Assets and Liabilities 5
Notes to the Financial Statements 6 – 12
Independent Examiner’s Report 13

For a report on the proceedings of the PCC and other Church activities please see the separate report booklet

Parish of Tiptree with Tolleshunt Knights and Great Braxted (Formerly Parish of Tolleshunt Knights with Tiptree) Annual Report Year ended 31 December 2024

Administrative Information

St. Luke’s Church is situated in the parish of Tolleshunt Knights with Tiptree and is part of the Witham Deanery in the Diocese of Chelmsford within the Church of England. On 1 January 2024 the Parish of Tolleshunt Knights with Tiptree merged with the Parish of All Saints Great Braxted to become The Parish of Tiptree with Tolleshunt Knights and Great Braxted. The correspondence address is c/o The Rectory, Rectory Road, Tiptree, Essex.

The Parochial Church Council (PCC) is registered as a charity with the Charity Commission. The charity number is 1154944.

Structure, governance and management

The method of appointment of PCC members is set out in the Church Representation Rules. All Church members are encouraged to register on the Electoral Roll and stand for election to the PCC. Members of the PCC are either ex officio or elected at the Annual Parish Meeting. Members may be Co-opted to fill casual vacancies. The PCC members who have served from 1 January 2024 to the date of this report are shown on the front cover of this report. PCC members serve a 3 year term and one third are elected each year. Deanery Synod members are elected for 3 years. Clergy, readers and churchwardens are ex officio members. The current PCC was elected at a special Parochial Church meeting on 14 January 2024 following the merger with Great Braxted.

Teams

In addition to the main PCC, there are also teams established by the PCC to look at certain matters and report back to the main PCC meeting.

Standing Committee

This is the only committee required by law. It has power to transact business of the PCC between its meetings, subject to any directions given by the Council.

Fabric Team

This team has responsibility for all aspects of the maintenance and upkeep of the Church Fabric.

Worship and Discipleship Team

This team meets to review all aspects of our worship.

Friends of St Luke’s

This team has been formed to launch a Friends Group to provide resources and support to the parish by way of social & fundraising events involving the wider community.

Youth Work Team

This team coordinates our outreach to young people within the churches of Tiptree and the wider community.

Stewardship and Finance Team

This team receives regular financial updates, reviews income and expenditure and coordinates the PCC’s stewardship scheme.

Objectives and activities

The PCC has the responsibility of co-operating with the incumbent, in promoting in the ecclesiastical parish of Tiptree with Tolleshunt Knights and Great Braxted the whole mission of the Church, pastoral, evangelistic, social and ecumenical. It also has maintenance responsibilities for St. Luke’s Church, the Churchyard and Church extension, Tiptree; All Saints Church and Churchyard, Great Braxted together with the graveyard at Tolleshunt Knights. The PCC is committed to enabling as many people as possible to worship at our churches and to become part of our parish community. We have good links with our fellow churches in the village and with the local schools. Our extension is in regular use by both church groups and other groups from the wider community.

1

Parish of Tiptree with Tolleshunt Knights and Great Braxted Annual Report Year ended 31 December 2024 – continued

Achievements and performance

Church attendance

All are welcome to attend our regular services. As of May 2025 there are 85 parishioners on the Church Electoral Roll, 6 of whom are not resident within the parish. A complete revision of the electoral roll took place in 2025. The average weekly attendance at Sunday services,

including children, is approximately 65. As well as our regular services we enable our communities to celebrate and thank God at the milestones of the journey through life. Attendance over Christmas 2024 at all services, was 418 at Tiptree and 54 at Great Braxted. We also hosted carol services for three primary schools. The attendance at these was 598. We also host services for our village schools at Christmas and Easter and at other times throughout the year. We have good links with St Lukes Church of England Primary School next door to St Luke’s Church.

Review of the Year

There is a separate report booklet with reports from various groups at St. Luke’s.

Throughout the year PCC Members where relevant have had DBS checks. All PCC members have completed the basic safeguarding awareness course.

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

Details of PCC membership are at the front of this report. Following the merger of the two parishes a new PCC was elected at a special Parish Meeting on 14 January 2024. At each PCC meeting regular reports are received regarding safeguarding, finance and from the various PCC teams.

During the year the PCC reviewed, and updated where necessary, the various PCC policy documents. Café Church has continued every 2 months on the second Sunday. A welcome team has set up to greet people on Sunday Mornings.

In their January 2024 meeting the PCC discussed the Church of England Living and Love and Faith materials which will be discussed further by the worship team.

Messy Church has continued to thrive.

Following an electrical inspection during the year, it was identified that we would require some work to be done. Specifications are in the process of being drawn up in order that quotes can be obtained. During the year the sound system gave cause for concern and it was agreed to update it for a more modern digital option using money received as a legacy. The PCC is planning a vision day later on in 2025.

In the latter part of 2024 discussions started within the Witham Deanery as to the organisation of parishes with current vacancies so as to maximise available clergy resources. A plan to create a team of 18 parishes was agreed at the February 2025 Deanery Synod meeting and will now go forward for the necessary legal processes and approval.

Friends of St Luke’s (FoSL) have continued to hold events such as concerts, craft fairs and a Christmas Tree festival. Some of these are a joint effort with Farleigh Hospice.

2

Parish of Tiptree with Tolleshunt Knights and Great Braxted Annual Report Year ended 31 December 2024 – continued

Financial review

Our total income on all funds during the year was £136,094 compared to £118,168 in 2023 although the 2024 figures include Great Braxted for the first time. Our total stewardship income has increased slightly by £1,857 over 2023 although for St Luke’s there has been a fall of £2,121. Our income from letting the extension was up £2,009 over 2023 to £29,456 and is a major contributor to our funds. Funds raised by Friend’s of St. Luke’s (FoSL) totalled £7,137 in the year.

Our total expenditure for the year was £138,565 (2023: £116,120). General fund expenditure was £123,900 for St Luke’s and £11,933 for Great Braxted. (2023: £114,600). Our contribution to the Diocese towards the costs of providing the stipends and housing for the clergy and providing the support and infrastructure of the Diocese was £64,977 (2023: St Luke’s £53,610) £57,977 for St Luke’s was paid in full, £7,000 of Great Braxted’s allocation of £10,763 was paid. The major cost over the year related to energy. In 2023 our total energy cost was £20,159. In 2024 this was £22,853. To illustrate the increase in recent years, in 2019 pre covid our total energy cost at St Luke’s was £5,612.

The expenses of the team administrator and other direct costs are recharged to the other team parishes in proportion to their Parish share. At the end of the year £6,989 (2023: £4,065) was still owing. This has all been received in 2025.

The net result for the year is an excess of payments of over receipts of £2,472 over all funds of which unrestricted funds showed an excess of payments over receipts of £16,869. The total of unrestricted general funds carried forward is £119,761 in respect of Tiptree and £2,657 in respect of Great Braxted.

Reserves policy

It is the policy of the PCC to maintain a balance on unrestricted funds (if possible) which equates to approximately 6 months unrestricted payments to cover emergency situations which may arise from time to time. The balance of £119,761, which includes designated funds meets this target.

Volunteers

We would like to thank all the volunteers who work so hard to make our church the vibrant community it is, and who work behind the scenes to maintain the fabric of the church, provide administrative support and do all the unseen jobs that need to be done.

Approved by the PCC on 27 March 2025 and signed on their behalf.

Rev’d A L Renshaw Chairman 27 March 2025

3

PARISH OF TIPTREE WITH TOLLESHUNT KNIGHTS AND GREAT BRAXTED (Formerly Parish Of Tolleshunt Knights with Tiptree) FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024

Receipts & Payments Account
Note
Receipts
Voluntary income
2(a)
Church activities
2(b)
Activities for generating funds
2(c)
Income from investments
2(d)
Other incoming resources
2(e)
Total receipts
Payments
Church activities
3(a)
Cost of generating funds
3(b)
Total payments
Adjustment 1 January 2024 to
introduce Great Braxted
balances
Cash and bank current/deposit
accounts at 1 January 2024
Cash and bank current/deposit
accounts at 31 December 2024
2023
Receipts
Voluntary income
Church activities
Activities for generating funds
Income from investments
Other incoming resources
Total receipts
Payments
Church activities
Cost of generating funds
Total payments
Transfer
Cash and bank current/deposit
accounts at 1 January 2023
Cash and bank current/deposit
accounts at 31 December 2023
Excess of receipts over
Excess of receipts over		 Restricted
funds
(note 4)
£
-
10,000.00
-
-
-		 Friend's of
St. Luke's
£
1,852.00
-
5,284.82
-
-		 Great
Braxted
£
9,149.68
2,776.00
-
-
-		 unrestricted
funds
£
53,067.79
8,601.70
32,548.57
1,795.68
11,017.28		 TOTAL FUNDS
2024
£
64,069.47
21,377.70
37,833.39
1,795.68
11,017.28		 2023
£
57,922.00
8,947.16
37,111.39
1,235.15
12,952.41
10,000.00 7,136.82 11,925.68 107,031.02 136,093.52 118,168.11
711.90
-		 -
2,019.89		 11,933.25
-		 123,900.13
-		 136,545.28
2,019.89		 114,600.05
1,519.69
711.90 2,019.89 11,933.25 123,900.13 138,565.17 116,119.74
9,288.10
3,014.88		 5,116.93
(1,008.01)		 (7.57)
2,664.81		 (16,869.11)
136,630.56		 (2,471.65)
2,664.81
138,637.43		 2,048.37
-
136,589.06
12,302.98 4,108.92 2,657.24 119,761.45 138,830.59 138,637.43
£
-
-
-
-
-		 £
330.60
-
6,920.44
-
-		 £
57,591.40
8,947.16
30,190.95
1,235.15
12,952.41		 2023
£
57,922.00
8,947.16
37,111.39
1,235.15
12,952.41		 2022
£
52,353.13
8,994.65
23,502.29
392.97
7,711.87
- 7,251.04 110,917.07 118,168.11 92,954.91
-
-		 -
1,519.69		 114,600.05
-		 114,600.05
1,519.69		 100,350.12
212.86
- 1,519.69 114,600.05 116,119.74 100,562.98
-
-
3,014.88		 5,731.35
(6,739.36)		 (3,682.98)
-
140,313.54		 2,048.37
-
136,589.06		 (7,608.07)
-
144,197.13
3,014.88 (1,008.01) 136,630.56 138,637.43 136,589.06

4

PARISH OF TIPTREE WITH TOLLESHUNT KNIGHTS AND GREAT BRAXTED (Formerly Parish Of Tolleshunt Knights with Tiptree) STATEMENT OF ASSETS AND LIABILITIES

As at 31 December 2024

Monetary assets
Cash in hand
Cash at bank
- Current account
- No 2 current account
- 60 Day Notice Account
- Organ Fund High Interest Account
- Spooner Legacy High Interest Account
- Remembrance Account
- Great Braxted bank account
Total of cash and bank (note 3)
2023
Church furnishings are included in the Inventory
Debtors		 General
Funds
£
890.00
28,013.72
8,825.90
50,000.00
30,589.86
1,441.97
-		 Restricted
Funds
£
12,302.98		 Friend's of
St. Luke's
£
-
4,108.92		 Third
Parties
£
29,744.49		 Totals Totals
2024
£
890.00
74,170.11
8,825.90
50,000.00
30,589.86
1,441.97
-		 2023
£
890.00
47,461.45
10,815.88
50,000.00
30,136.52
1,420.61
3,474.89
119,761.45
2,657.24		 12,302.98 4,108.92 29,744.49 165,917.84
2,657.24		 144,199.35
-
122,418.69 12,302.98 4,108.92 29,744.49 168,575.08 144,199.35
5,561.92 144,199.35

The following costs included in expenses were due for reimbursement from other parishes in the team.

Clergy expenses and administrator costs
Liabilities
The following expenses which were incurred in 2024 were paid in 2025.
Organists fees
Clergy expenses
Assets
Investments and funds held by the Diocese:
Capital and income accounts:
Rev R S N Lees Fund:
Capital and Income reinvested:
73.37 shares held - value at 31 December 2024
Rose West Legacy
Capital: 150 shares - value at 31 December 2024		 6,989.40 4,065.22
665.00
266.54		 670.00
250.08
931.54 920.08
1,696.60
3,468.40		 1,614.49
3,390.80
5,165.00 5,005.29

The financial statements were approved by the PCC on 27 March 2025 and signed on their behalf:

Revd A L Renshaw M D Borgartz PCC Chairman Treasurer

5

PARISH OF TIPTREE WITH TOLLESHUNT KNIGHTS AND GREAT BRAXTED (Formerly Parish Of Tolleshunt Knights with Tiptree) NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2024

1 ACCOUNTING POLICIES

The financial statements of the PCC have been prepared in accordance with the Church Accounting Regulations 2006 using the Receipts & Payments basis.

Funds

General funds represent the funds of the PCC that are not subject to any special restriction regarding their use and are available for application on the general purposes of the PCC. These include funds designated for a particular purpose by the PCC.

Where money has been received which has restrictions on how it may be spent, this is identified as a restricted fund and the reasons for the restriction noted. The bank balances in respect of these funds are shown separately.

The accounts include monetary transactions, assets and liabilities for which the PCC can be held responsible. They do not include the accounts of church groups that owe their main affiliation to another body nor those that are informal gatherings of Church members.

Subject to the above, receipts and payments include income as received and expenditure when irrevocably paid.

Statement of Assets and Liabilities

The following assets are recognised but not necessarily valued in the Statement of Assets and Liabilities:

The following assets are recognised and a monetary value given as part of the description in the Statement of Assets and Liabilities:

Closing bank balances as shown in the receipts and payments account.

The following liabilities are recognised in the Statement of Assets and Liabilities - Any loans or overdrafts advanced to the PCC

Legacies

The PCC regards all legacies left to St Luke’s Church as a gift to be gratefully received and wisely used. When a legacy is given for a specific purpose the PCC are required to use the legacy for this purpose. Where no restriction is placed on a legacy the money will be put into a designated fund within the General Fund of the PCC accounts to be used for a specific purpose or purposes. This purpose will be decided by the PCC following recommendations from the Finance and Stewardship Team or the Standing Committee.

6

PARISH OF TIPTREE WITH TOLLESHUNT KNIGHTS AND GREAT BRAXTED (Formerly Parish Of Tolleshunt Knights with Tiptree) NOTES TO THE FINANCIAL STATEMENTS - continued For the year ended 31 December 2024

2
Receipts
2(a) Voluntary income
Planned giving:
Income tax recoverable on Gift Aid
Stewardship
Collections (open plate) at all services
Special collections
Votive candles
Wall safe - cards
Grants
Subscriptions
Donations, appeals etc.
2(b)Church activities
Fees
Legacies
Memorial plaques
Heating charges
Open Door income
2(c) Activities for generating funds
Fund raising events:
Beverley Brothers
Jazz evenings
70's Evening
Refreshments at events
Police Choir
Sundry events
Harvest Fayre
Barn Dance
Christmas Tree Festival/Bazaar
60's Evening
Hexacordia
Pudding evening
Cancer event
Quiz nights
Games afternoons
Extension fees
Church hire
Rent
Printing income
Messy Church
Advertising Income
2(d)Income from investments
Dividends receivable
Interest received
2(e) Other incoming resources
Team refunds
Miscellaneous income
Total Receipts		 Restricted
Funds
(note 4)
£		 Friend's of
St. Luke's
£
252.00
1,600.00		 Great
Braxted
£
4,117.28
3,978.00
1,004.40
50.00		 Unrestricted
funds
£
6,020.48
38,940.00
3,927.85
608.87
425.43
-
200.00
2,945.16		 TOTAL FUNDS TOTAL FUNDS
2024
£
10,137.76
42,918.00
4,932.25
608.87
425.43
-
200.00
252.00
4,595.16		 2023
£
8,513.71
41,061.00
3,987.04
460.21
391.39
36.67
1,055.00
288.00
2,128.98
- 1,852.00 9,149.68 53,067.79 64,069.47 57,922.00
10,000.00 2,776.00 5,947.00
1,000.00
670.00
910.00
74.70		 8,723.00
11,000.00
670.00
910.00
74.70		 7,563.00
-
640.00
630.00
114.16
10,000.00 - 2,776.00 8,601.70 21,377.70 8,947.16
914.90
524.84
640.00
333.67
895.15
513.16
933.00
530.10		 -
-
145.40
-
-
29,456.00
2,262.00
-
374.40
310.77
-		 -
914.90
-
524.84
-
-
-
640.00
333.67
895.15
-
145.40
513.16
933.00
530.10
29,456.00
2,262.00
-
374.40
310.77
-		 573.00
1,444.70
622.21
994.53
815.00
391.00
307.00
-
383.00
-
430.00
-
-
960.00
-
27,447.25
1,868.00
60.00
282.94
352.76
180.00
- 5,284.82 - 32,548.57 37,833.39 37,111.39
94.13
1,701.55		 94.13
1,701.55		 92.69
1,142.46
- - - 1,795.68 1,795.68 1,235.15
10,409.49
607.79		 10,409.49
607.79		 12,491.20
461.21
- - - 11,017.28 11,017.28 12,952.41
10,000.00 7,136.82 11,925.68 107,031.02 136,093.52 118,168.11

7

PARISH OF TIPTREE WITH TOLLESHUNT KNIGHTS AND GREAT BRAXTED (Formerly Parish Of Tolleshunt Knights with Tiptree) NOTES TO THE FINANCIAL STATEMENTS - continued For the year ended 31 December 2024

Restricted
Funds
Friend's of
3
Payments
(note 4)
St. Luke's
£
£
3(a) Church Activities
Diocesan parish share
Clergy expenses:
Rector travel
Other clergy travel
Rector telephone
Other clergy telephone
Clergy & admin costs
Church expenses:
Heat, light, water and insurance
Maintenance & equipment
Altar services
Music, choir and organists
Upkeep of churchyard - general
711.90
Upkeep of churchyard - Tolleshunt Knights
Extension expenses:
Heat, light, water and insurance
Maintenance
Cleaning wages
Cleaning materials
Equipment
Telephone
Sunday School & youth
Christmas tree
Professional fees
Miscellaneous expenses
Books and publications
Missionary and charitable giving:
Church overseas
- Bishop's Lent Appeal
Relief and development agencies
- Christian Aid Gaza Appeal (Special collection)
Home missions and other Church societies and organisations
- TYPO
- Bishops Discretionary fund
- LMDC Charity (Special collection)
- Children's Society (Christingle collection)
Secular charities
- Little Haven Children's Hospice
Church management and administration
Bank charges
Administrator costs
Postage, stationery and printing
Gifts
Memorial plaques
Other telephone expenses
711.90
-
3(b)Costs of generating funds
FoSL event costs
2,019.89
-
2,019.89
Total payments
711.90
2,019.89		 Restricted
Funds
Friend's of
3
Payments
(note 4)
St. Luke's
£
£
3(a) Church Activities
Diocesan parish share
Clergy expenses:
Rector travel
Other clergy travel
Rector telephone
Other clergy telephone
Clergy & admin costs
Church expenses:
Heat, light, water and insurance
Maintenance & equipment
Altar services
Music, choir and organists
Upkeep of churchyard - general
711.90
Upkeep of churchyard - Tolleshunt Knights
Extension expenses:
Heat, light, water and insurance
Maintenance
Cleaning wages
Cleaning materials
Equipment
Telephone
Sunday School & youth
Christmas tree
Professional fees
Miscellaneous expenses
Books and publications
Missionary and charitable giving:
Church overseas
- Bishop's Lent Appeal
Relief and development agencies
- Christian Aid Gaza Appeal (Special collection)
Home missions and other Church societies and organisations
- TYPO
- Bishops Discretionary fund
- LMDC Charity (Special collection)
- Children's Society (Christingle collection)
Secular charities
- Little Haven Children's Hospice
Church management and administration
Bank charges
Administrator costs
Postage, stationery and printing
Gifts
Memorial plaques
Other telephone expenses
711.90
-
3(b)Costs of generating funds
FoSL event costs
2,019.89
-
2,019.89
Total payments
711.90
2,019.89		 Restricted
Funds
Friend's of
3
Payments
(note 4)
St. Luke's
£
£
3(a) Church Activities
Diocesan parish share
Clergy expenses:
Rector travel
Other clergy travel
Rector telephone
Other clergy telephone
Clergy & admin costs
Church expenses:
Heat, light, water and insurance
Maintenance & equipment
Altar services
Music, choir and organists
Upkeep of churchyard - general
711.90
Upkeep of churchyard - Tolleshunt Knights
Extension expenses:
Heat, light, water and insurance
Maintenance
Cleaning wages
Cleaning materials
Equipment
Telephone
Sunday School & youth
Christmas tree
Professional fees
Miscellaneous expenses
Books and publications
Missionary and charitable giving:
Church overseas
- Bishop's Lent Appeal
Relief and development agencies
- Christian Aid Gaza Appeal (Special collection)
Home missions and other Church societies and organisations
- TYPO
- Bishops Discretionary fund
- LMDC Charity (Special collection)
- Children's Society (Christingle collection)
Secular charities
- Little Haven Children's Hospice
Church management and administration
Bank charges
Administrator costs
Postage, stationery and printing
Gifts
Memorial plaques
Other telephone expenses
711.90
-
3(b)Costs of generating funds
FoSL event costs
2,019.89
-
2,019.89
Total payments
711.90
2,019.89		 Great
Braxted
£
7,000.00
1,408.46
2,758.36
241.00
480.40
45.03		 Unrestricted
funds
£
57,977.00
1,125.60
1,482.47
473.26
185.64
9,968.96
6,921.74
1,036.45
4,000.03
367.88
80.00
13,435.91
1,636.77
3,363.28
1,212.94
1,629.29
827.77
-
-
165.00
1,988.14
670.34
22.92
120.00
1,500.00
254.28
92.90
118.77
121.13
9,987.58
2,602.49
9.95
491.64
30.00		 TOTAL FUNDS
2024
£
64,977.00
1,125.60
1,482.47
473.26
185.64
1,408.46
12,727.32
7,162.74
1,036.45
4,480.43
1,079.78
80.00
13,435.91
1,636.77
3,363.28
1,212.94
1,629.29
827.77
-
-
165.00
1,988.14
670.34
22.92
120.00
1,500.00
-
254.28
92.90
118.77
121.13
9,987.58
2,647.52
9.95
491.64
30.00		 2023
£
53,610.00
979.55
2,614.39
352.80
747.36
-
10,752.18
1,789.89
1,080.02
3,040.07
423.40
1,900.00
13,281.36
1,819.17
2,837.47
926.30
583.97
762.40
29.99
160.00
35.00
2,575.39
294.89
-
-
1,250.00
236.92
-
38.72
184.57
119.27
9,311.40
2,164.19
40.00
629.38
30.00
711.90 - 11,933.25 123,900.13 136,545.28 114,600.05
2,019.89 2,019.89 1,519.69
- 2,019.89 - - 2,019.89 1,519.69
711.90 2,019.89 11,933.25 123,900.13 138,565.17 116,119.74

8

PARISH OF TIPTREE WITH TOLLESHUNT KNIGHTS AND GREAT BRAXTED (Formerly Parish Of Tolleshunt Knights with Tiptree) NOTES TO THE FINANCIAL STATEMENTS - continued For the year ended 31 December 2024

4 Restricted funds

Restricted Funds Receipts
Voluntary income
Legacy
Total Receipts
Restricted Funds Payments
Church activities
Churchyard
Total payments
Choir
Hymn books
Sanctuary robes
Ministry fund
Cash and bank accounts at 31
December 2024
Cash and bank accounts at 1 January
2024
Excess of receipts over
payments/(payments over receipts)		 Tawell
Legacy
£		 Organ
Fund
£		 Cathcart
Legacy
£
10,000.00		 Other
£
-
-
-
-
-
1,092.88
1,092.88
300.00
196.10
138.78
458.00
1,092.88		 2024
2023
£
£
10,000.00
-
10,000.00
-
10,000.00
-
711.90
-
711.90
-
711.90
-
9,288.10
-
3,014.88
3,014.88
12,571.88
12,302.98
3,014.88
2146.88
-
TOTAL FUNDS
2024
£
10,000.00
- - 10,000.00 10,000.00
- - 10,000.00 10,000.00
711.90 711.90
711.90 - - 711.90
711.90 - - 711.90
(711.90)
825.00		 -
1,097.00		 10,000.00 9,288.10
3,014.88
113.10 1,097.00 10,000.00 12,302.98
-

Restricted Funds

The restricted funds shown above and their restrictions are:

Tawell Legacy

This fund represents a legacy left to the Rector and Churchwardens of St. Luke's by the late Mrs P E Tawell for the maintenance of the Church and graveyard with the wish that the graves and gravestones of herself and her family are kept in good order.

Organ Fund

This fund represents donations given for maintenance of the organ.

Cathcart Legacy

This represents a legacy left by the late K Cathcart to be used on the Church building.

Other

This represents sundry small restricted fund balances held from time to time.

Hymn Books

This fund represents monies raised towards the replacement of the hymn book used in services.

Sanctuary robes

This fund represents monies raised towards the replacement of robes for Servers.

Choir

This represents money left to the choir in a legacy.

Ministry Fund

This fund represents monies arising from the retirement of J Leaworthy and which are to be used to provide grants for those undertaking further study for ministry.

9

PARISH OF TIPTREE WITH TOLLESHUNT KNIGHTS AND GREAT BRAXTED (Formerly Parish Of Tolleshunt Knights with Tiptree) NOTES TO THE FINANCIAL STATEMENTS - continued For the year ended 31 December 2024

5
General Fund
The general fund is made up of the following:
- General fund
5(a)
- Great Braxted general fund
5(o)
Funds designated by the PCC
- Spooner legacy
5(b)
- Tabner legacy
5(d)
- Remembrance fund
5(c)
- Organ fund
5(e)
- Everitt legacy
5(f)
- Wilkinson legacy
5(g)
- East Legacy
5(h)
- Sorrell Legacy
5(i)
- Taylor Legacy
5(j)
- Butler Legacy
5(k)
- Roof fund
5(l)
- Rector Discretionary Fund
5(m)
- Musical Events
5(n)
- Hylands legacy
5(p)
a)
General fund
Balance brought forward
Excess of receipts over payments/(payments over receipts) for year
Transfer (to)/from Hylands legacy
Transfer (to)/from Everitt legacy
Transfer (to)/from East legacy
Transfer (to)/from Wilkinson legacy
Transfer (to)/from Remembrance fund
Balance carried forward
b)
Spooner legacy
Balance brought forward
Transfer from/(to) general fund
Balance carried forward
c)
Remembrance fund
Balance brought forward
Transfer from/(to) general fund
Balance carried forward
d)
Tabner Legacy
Balance brought forward
Transfer from/(to) general fund
Balance carried forward
e)
Organ Fund
Balance brought forward
Transfer from General Fund re Weaver Legacy
Balance carried forward
f)
Everitt Legacy
Balance brought forward
Transfer (to)/from general fund - Extension blinds
Balance carried forward		 2024
£
(63,489.45)
2,657.24
1,185.40
2,812.94
4,078.25
30,000.00
33,078.53
-
-
1,000.00
17,301.66
1,195.62
81,598.50
5,000.00
5,000.00
1,000.00		 2023
£
(47,516.98)
1,185.40
2,812.94
3,474.89
30,000.00
34,578.53
500.00
500.00
1,000.00
17,301.66
1,195.62
81,598.50
5,000.00
5,000.00
-
122,418.69 136,630.56
(47,516.98)
(16,869.11)
(1,000.00)
1,500.00
500.00
500.00
(603.36)		 (43,740.04)
(3,682.98)
-
-
-
-
(93.96)
(63,489.45) (47,516.98)
1,185.40
-		 1,185.40
-
1,185.40 1,185.40
3,474.89
603.36		 3,380.93
93.96
4,078.25 3,474.89
2,812.94
-		 2,812.94
-
2,812.94 2,812.94
30,000.00
-		 30,000.00
-
30,000.00 30,000.00
34,578.53
(1,500.00)		 34,578.53
-
33,078.53 34,578.53

10

PARISH OF TIPTREE WITH TOLLESHUNT KNIGHTS AND GREAT BRAXTED (Formerly Parish Of Tolleshunt Knights with Tiptree) NOTES TO THE FINANCIAL STATEMENTS - continued For the year ended 31 December 2024

5
General Fund (continued)
g)
Wilkinson Legacy
Balance brought forward
Transfer (to)/from general fund - outside lights
Balance carried forward
h)
East Legacy
Balance brought forward
Transfer (to)/from general fund - outside lights
Balance carried forward
i)
Sorrell Legacy
Balance brought forward
Transfer (to)/from general fund
Balance carried forward
j)
Taylor Legacy
Balance brought forward
Transfer (to)/from general fund
Balance carried forward
k)
Butler Legacy
Balance brought forward
Transfer (to)/from general fund
Balance carried forward
l)
Roof Fund
Balance brought forward
Transfer (to)/from general fund
Balance carried forward
m) Rector Discretionary Fund
Balance brought forward
Transfer (to)/from general fund
Balance carried forward
n)
Musical Events
Balance brought forward
Transfer (to)/from general fund
Balance carried forward
o)
Great Braxted General Fund
Balance introduced 1 January 2024
Excess of receipts over payments/(payments over receipts) for year
Balance carried forward
p)
Hylands Legacy
Transfer (to)/from general fund
Balance carried forward		 2024
£
500.00
(500.00)		 2023
£
500.00
-
- 500.00
500.00
(500.00)		 500.00
-
- 500.00
1,000.00
-		 1,000.00
-
1,000.00 1,000.00
17,301.66
-		 17,301.66
-
17,301.66 17,301.66
1,195.62
-		 1,195.62
-
1,195.62 1,195.62
81,598.50
-		 81,598.50
-
81,598.50 81,598.50
5,000.00
-		 5,000.00
-
5,000.00 5,000.00
5,000.00
-		 5,000.00
-
5,000.00 5,000.00
2,664.81
(7.57)
2,657.24
1,000.00
1,000.00

11

PARISH OF TIPTREE WITH TOLLESHUNT KNIGHTS AND GREAT BRAXTED (Formerly Parish Of Tolleshunt Knights with Tiptree) NOTES TO THE FINANCIAL STATEMENTS - continued For the year ended 31 December 2024

6 Amounts held on behalf of third parties

mounts held on behalf of third parties
- Mothers and toddlers
- Foodbank
- Key deposits
- Diocese of Chelmsford
- Witham Deanery MOF Grant		 2024
£
1,150.06
5,276.43
140.00
504.00
22,674.00		 2023
£
774.59
4,193.33
140.00
454.00
-
29,744.49 5,561.92

7 Restricted income

The PCC receives certain income on the understanding that it is used towards the maintenance of the Churchyard and in the case of legacies the graves of the legatees. These amounts during the year were:

the year were:
2024 2023
£ £
Income from investments held on behalf of the PCC by the Central Board
of Finance from the following:
Rose West Legacy 94.13 92.69

12

Independent Examiner's Report to the PCC of the Parish of Tiptree with Tolleshunt Knights and Great Braxted

I report on the accounts of the PCC for the year ended 31 December 2024, which are set out on pages 4 to 12.

Respective responsibilities of the PCC and examiner

The members of the PCC are responsible for the preparation of the financial statements. The PCC members consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the Charities Act) and that an independent examination is required.

It is my responsibility to:

Basis of independent examiner's statement

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the PCC and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the financial statements present a “true and fair view” and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

J Wyncoll ACA Willow House 110 Maldon Road Tiptree 9 May 2025

13