St Andre￿s, Stapleford Parochial Church Council
Financial Statements
For the year ended 31 December 2024

St Andrev/s, Stapleford Parochial Church Council
Financial Statements
For the year ended 31 De￿mber 2024
Contents
Page No
Charity Reference and Administrative Details
Report of the Trustees
Independent Examinerfs Report
Statement of Financial Activities
io
{including Income and Expenditure Account)
Balance Sheet
li
Notes to the Financial Statements
12-20

St Andrev/s, Stapleford Parochial Church Council
Charity Reference and Administrative Detsils
For the year ended 31 December 2024
Charity Name
The Parochial Council of the Ecclesiastical
Parish of St Andrew, Stapleford
Other name the charity uses
Stapleford PCC
Registered Charity Number
1158492
Charity
The Wicarage
43 Mingle Lane
Stapleford
Cambridge CB22 5SY
Chariws principal address

St Andre￿s, Stapleford Parochial Church Council
Names of the charity trustees who managed the charity during the year:
Trustee name
Office (rf any)
Dates acted rf not for whole
year
Simon Taylor
Felicity Cooke
Chair
Vice chair
Deanery Synod Rep
Electoral Roll Officer
Churchwarden
Curate
Secretary
Treasurer
Deanery Synod Rep
Alastair MacGregor
Lucinda Howard
Nicola West
Chris Bow
Lizzie Taylor
Sarah Kastner
Valerie Powell
Kirsty Campbell
Martin Ginger
Sarah Hackett
Romie Ridley
Rachel Bousfield
Fiona Holliday
Anne Roberts
Nickywest
Sue Brown
Robert Ferneyhough
Stephen Ford
Jackie Nettleton
To March 2024
To March 2024
Assistant churchwarden
To September 2024
From March 2024
From March 2024
From March 2024
From March 2024

St Andrevls, Stapleford Parochial Church Council
Report of the Trustees
For the year ended 31 D￿rnber 2024
OBJEcfivES AND ACTIVITIES
Summary of the purposes of the charity as set out in its governing document
Stapleford PCC has the responsibility of working with the Parish Priest, the Revd Dr Simon Taylor, to
promote in the ecclesiastical parish the whole mission of the church, pastoral, evangelistic, social
and ecumenical. The PCC has maintenance responsibilities for the Church of St Andrew, the Verger's
Cottage and the Johnson Hall.
Summary of the main activities in relation to those purposes for the publlc benefit, in particular,
the activities• projects or services identrfied in the accounts
The provision of religious services on a regular basis. St Andrev/s is a church for the whole
community, including Stapleford and the surrounding areas, and aims to provide a safe and inclusive
welcome to everyone, whatever their situation in life. The PCC is committed to enabling as many
people as possible to worship at St Andrew's Church and to become part of the church community,
including offering special servi￿$ at Easter. Harvest, Remembrance Sunday and Christma5. We offer
baptism, marriage and fvneral services as requested and in accordance with Ely Diocese instructions.
Pastoral and spiritual support and various groups and activities are offered to the whole community.
Statement confimiing whether the trustees have had regard to the guidance issued by the Charity
Commission on public benefit
In provision of these activities we are mindful of Christian teaching as well as the guidance issued by
the Commission on public benefit. Thus whilst our worship, ethos and practices are Christian and
accord with the doctrine of the Church of England, activities organized or led by the church for
individuals or groups are open to all and are carried out without discriminating in relation to any
protected characteristic. We also work in partnership with the community to maintain the fabric of
St Andrew's church and the churchyard and both are used by the wider community.
Contribution made by volunteers
The Parish Priest of St Andrew's serves as'House for Duty,, receiving housing but no stipend from
the Diocese. The parish contributes the full ministry share requested from it. Members of the PCC
and the congregation lead and support all activities on a voluntary basis, through a system of sub-
committees of the PCC. Maintenance of the buildings and churchyard, worship and social events,
pastoral work in the parish, and children's and youth work in the parish are all contributed to by
volunteer members of the PCC and the church.
ACHIEVEMENTS AND PERFORMANCE
Summary of the main achievements of the charity. identifying the difference which the charity's
work has made to the circumstances of its beneficiaries and any wider benefrts to society as a
whole
During 2024 the church's activities continued to recover from the effects of the Covid pandemic.
Worship and Pmyer
The PCC offers a range of services and other worship opportunities each week and in the course of
the year. During the course of the year St AndreWs has generally offered up to three services on

St Andrev/s, Stapleford Parochial Church Council
Sunday mornings, in addition to evening services once a month. Series of serrfices during the year
followed a number of different themes: in addition to significant use of the lectionary, there were
series based on the poems of George Herbert. the book Being Christian by Rowan Williams, the first
half of the book of Ephesians. the life of Jacob, and Heresies.
Every Sunday morning begins with a communion service at 9 am. The various services at 10.30 am
are of different Styles. In 2024 they included regular Forest Church serrfices in the churchyard or
Messy Church services in the Johnson Hall depending on the weather. These seNices have proved
popular with families with young children, but also with some older members of the church. The
popularity of Forest Church has continued to prompt greater use of the churchyard for other
services too, so that a number of summer services were successfully held in the churchyard.
Special services have taken place according to the church calendar (e.g. Easter Sunday, Harvest
Festival)
In March 2024 at the date of the annual church meetings there were 127 persons on the Electoral
Roll. Attendance compared with the previous year, and with the pre-pandemic figures in 2019 were
as follows:
2019
2022
83
2023
79
2024
104
Average week in
October
Usual Sunday
Easter Eve/Day
Christmas Eve/Day
85
240
430
76
196
368
80
185
368
83
193
386
Overall. therefore, attendance is at present general￿ lower than before the pandemic, but at or
marginally above the attendance in 2022. There is, however. a sense that in attendance as well as in
the range of activities the church offers a continuing recovery from the pandemic.
The church meets monthly outside of Sunday services for a prayer meeting. It is open to all, though
attendance is limited.
Deanery Synod
Four members of the PCC, including the parish priest and curate and two elected representatives. sit
on the Deanery Synod, which provides the PCC with an important link between the parish and wider
structures of the church.
The church building, Johnson Holl ond Veryerfs Cottage
During 2024, as in most years ex￿pt during the pandemic, the church remained open 24 hours a
day. The PCC'S Fabric Committee has continued to undertake and commission regular maintenance
and upkeep. and volunteers do the bulk of the work necessary to maintain the churchyard.
The Johnson Hall is used both by church groups, community groups and local service businesses. A
weekly toddler group, Little Fishes, run by the church. takes place in the there. This re-started at the
end of 2021. A popular monthly group for seniors, called JOY {Ju5t Older Youth), is also run by the
church in the Hall. The reduction in use of the Hall after the pandemic continues to be rectified.
Whether the revenue will cover the cost of maintenance remains to be seen.
The Verger's Cottage provides office space for the parish, including the administrator, curate and
youth worker. A local charity, the Mago8 Trust rent office space and use it as their postal address,

St Andre￿s, Stapleford Parochial Church Council
and it is also used as a postal address for another local charity {the Stapleford Feoffees). The sitting
room or other rooms in the cottage are used as counselling rooms occasionally.
Porish Magazine
The church publishes a monthly news and events magazine forthe village of Stapleford, The
Stapleford Messenger, which is available on subscription with copies delivered in the village and in
local shops. The production of the magazine has been taken over by the Messenger Production
Group. The surplus from the magazine is used in part to fund local, national and international good
causes.
Youth Work
An attempt was made in 2024 to re-start a church youth group. The group was small but valuable. It
ceased to function part of the way through the year.
The St Andre￿S Staplefvrd-Nachingwea Link
Together with the local community the church runs a Link Committee with the church of St Andrew's
in Nachingwea, Masasi Diocese in southern Tanzania. The Link celebrated its 43 years of operation in
2024 with a service in Ottober. It is thought to be the longest runnin& continuously active Parish to
Parish link in the UK.
The St Andre￿S/ChIldren s Sooety Portnership
In 2024 the partnership continued to support the work of The Children's Society (TCS) by praying,
acting and giving. The key event of the year was a celebratory service in September. The partnership
committee continue to devise novel ways in which we can support the vital work of TCS with the
most vulnerable and disadvantsged children and young people in the country and St Andre￿S
models these initiatives so they can be adopted by other churches.
The Stapleford Community Warden Scheme
This scheme, run by Cambridge and Peterborough Age UK but sponsored by St Andrew's has
continued to run during the year. There is significant demand for the servi￿5 of the warden, more
than the scheme can currently meet.
Financial Review
As illustrated in the financial statements on pages 10-20. the church'5 financial position continues to
be maintsined predominantly by regular glving and donations. This income category, at £80,297.
was IO% higher than the previous year {2023: £73.116).
Other ordinary income rose to £32.014 (2023: £30,168); lower magazine advertising revenue was
more than offset by higher rental income from the Vergerfs Cottage and Johnson Hall.
Before investment gains, the net surplu5 for the year was £18,398 (2023: £8,627). The restricted
funds were in surplus for the year by £6,378 {2023: £2,819 deficit). The church's unrestricted funds
(which reflect the normal operations of the PCC) were in surplus by £12,020 {2023: £11,446).
The PCC transferred £3,￿? to The Messenger designated fund {2023: £3,(￿}. £6,000 was paid out
to village and other church related activities (2023: Nil).
Gains on investments amounted £2,452 {2023: £7,879).
Net assets were £225,401 {2023: £204,551).
The overall financial position of the PCC remains satisfattory.

St AndreWs, Stapleford Parochial Church Council
The overall financial position of the PCC remains satisfactory.
ststement explaining the policy for holdlng reserves stating why they are held
It is the policy of St Andre￿S Church, Stapleford to hold in reserves the equivalent of three months,
general running costs and three years, annual deficit of income versus expenditure (based on recent
years, experience). It is also our policy to hold an amount for likely building works arising from the
church's next quinquennial inspection and other major issues, currently ceiling and heating repairs.
The appropriate sum to hold in reserve for these purposes at the present time is £200,000.
The charitys principal sources of funds (includlng any fundralsing)
The charivs principal sources of funds are personal giving and fees gained for wedding and funeral
services (charged in accordance with Ely Diocese procedures), with additional funding provided by
rental income, income from the village magazine and interest on investments. A programme of
fundraising events augments the church's funds but are primarily to aid other charities eg: our links
with St Andrew's Church, Nachingwea, Tanzania and The Children's Society as well as a range of
local, national and international aid charities.
Two Stapleford charities provide funds for the long-term maintenance of the church fabric (see note
121.
Structure. Governance and Management
Description of charl￿$ trusts:
Type of governing document
Parochial Church Powers Measure11956) as amended, and Church Representation Rules that came
into force on 2 January 1957.
How Is the charity constituted?
The method of appointment of PCC members is set out in the Church Representation Rules. The
membership of the PCC consists of the parish priest, any other clergy licensed to the parish,
churchwardens. deanery synod representatives, and members elected by mernbers of the
congregation who are on the electoral roll of the church. All church attenders are encouraged to
register on the electoral roll and stand for election to the PCC. 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. There may be up to two Co-opted members of the PCC.
The full PCC meets six times durin8 the year, and delegates some of its detailed work to committees
for Fabric and the Johnson Hall & Vergerfs Cottage.
The Standing Committee of the PCC has the power to transact the business of the PCC between its
meetings, subject to any directions given by the Council. The members are the chair, vice-chair,
churchwardens, the PCC secretary {who is presently an elected lay member of the PCC), the
Treasurer (a co-opted member of the PCC). and one additional elected lay member.

St Andre￿5, Stapleford Parochial Church Council
Trustee selection methods including details of any constitutFonal provislons e.g. election to post or
name of any person or body entitled to appolnt one or more trustees
All members of the PCC are elected in accordance with the Church Representation Rules, save for
the chair, who is the parish priest for the time being, any other clergy licensed to the parish, and up
to two co-opted members.
Trustees. responslbilities in relation to the financial sLitements
The Trustees are required by law to prepare financial statements for each financial year that give a
true and fair view of the financial activities of the charity and of its financial position at the end of
that year. In preparing those financial statements. the Trustees are required to:
{a) select suitable accounting policies and apply them consistently
b) make judgements and estimates that are reasonable and prudent
Ic) state whether the policies adopted are in accordance with the Charities Act 2011 and with
applicable accounting standards and statements of recommended practice, subject to any material
departures disclosed and explained in the financial statements
d) prepare the financial statements on a going concem basis unless it is inappropriate to assume
that the charity will continue in operation.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable
accuracy at any time the financial position of the charity and enable them to ensure that the
financial statements comply with the Charities Act 2011. They are also responsible for safeguarding
the assets of the charity and hence for taking reasonable steps for the prevention and detection of
fraud and other irregularities.
Declarations
The trustees dedare that they have approved the trustees. report above.
Signed on behalf of the chariWs trustees
Signature(s)
Full Name(s)
Position
Date
Simon Taylor
Chair
Alastair Roy MacGregor
Churchwarden
oz£

St Andrews, Stapleford Parochial Church Council
CHARITY COMMISSION
FOR ENGLAND ANO WALES
Independent examiner's report on the
accounts
Section A
Independent Examinerfs Report
Report to the trusteesl
members of
St Andrews Stapleford Parochial Church Council
On accounts for the year
ended
31 December 2024
Charity no
(if any)
1158492
Set out on pages
10t020
I report to the trustees on my examination of the accounts of the above
charity (Ihe Trust.) for the year ended 31 December 2024.
Responsibilities and
basis of report
As the charity's 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 Trust's accounts carried out
under section 145 of the 2011 Act and in carying out my examination, I
have followed all the applicable Directions given by the Charity Commission
under section 145{5){b) of the Act.
Independent I have completed my examination. I confirm that no material matters have
examinerfs statement come to my attention in connection with the examination which gives me
cause to believe that in, any material respect:
the accounting records were not kept in accordance with section 130
of the Charities Act,. or
the accounts did not accord with the accounting records,. or
the accounts did not comply with the applicable requirements
conceming the fonn and content of accounts set out in the Charities
(Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give a Irue and fairf view which is not a matter
considered as part of an independent examination.
I have no cOn￿mS 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:
Date: ILPJ & I
Name: Jayne Merrick
Relevant professional
qualification(s) or body
(if any}:
Address: 6 Churchfield Avenue, Sawston, CB22 3L4

St Andrev/s, Stapleford Parochial Church Council
Statement of Financial Artivities (including Income and Expenditure Account)
For the year ended 31 December 2024
Notes
Unrestrirted
funds
Restricted
funds
2024
Total
2023
Total
Incoming resources:
Donations and legacies
Charitable activities
Other ordinary incoming
resources
69,239
1,312
27.970
11.058
80.297
1,312
32,014
73,116
1,160
30,168
Investments
5.614
5.614
4,802
Total incoming resources
104.135
15.102
119.237
109,246
Resources expended:
Raising funds
Charitable activities
(15,563)
(76.552)
{15,563)
(85.276)
{14,3771
(86,242}
(8,724)
Total resources expended
(92.115)
(8.724)
(100,839)
1100,619)
Net incoming resources
before other gains and
losses
12.020
6.378
18,398
8,627
Gains on investments
2.452
2,452
7,879
Transfers
12
(2,000)
Net movement in funds
12A72
8,378
20,850
16.506
Reconciliation of funds
Total funds brought forward
Totsl funds carried forward
172.128
184,600
32.423
40.801
204,551
225,401
188,045
204,551
The statement of financial activities includes all gains and losses in the year. All income and
expenditure derives from continuing activities.
The notes on pages 12 to 20 form part of these financial statements.
io

St Andre￿$, Stapleford Parochial Church Council
Balance Sheet
As at 31 December 2024
Notes
Unrestricted
funds
Restrirted
funds
2024
Total
2023
Total
Fixed assets
Investments
124,873
124.873
122,421
Current assets
Debtors
1,887
72.566
74A53
558
2,445
112,809
115.254
2,059
97,037
99,096
Cash at bank and in hand
Sub-total
40.243
40.801
Current liabilities
Creditors: amounts falling
due within one year
{14.726)
114.726)
116,9661
Net current assets
59.727
40.801
IIXl.528
82,130
Total assets less current
liabillties
184,6(X)
40.801
225,401
204,551
Total net assets
184,6(M)
40AOi
225.401
204,551
The funds of the charity
Restricted funds
12
40,801
40,801
184,6
32,423
172,128
Unrestricted funds
12
184.6
Total funds
184,600
40.801
225,401
204,551
The notes on pages 12 to 20 form part of these financial statements.
Approved bytheTrusteeson loz£
Signature(sl
Full Name(s)
Position
Simon Taylor
Chair
Alastair Roy MacGregor
Churchwarden
li

St Andrew's, Stapleford Parochial Church Council
Notes to the Financial Statements
For the year ended 31 December 2024
l. Accounting Policies
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in
the preparation of the financial statements are as follows-
(a) Basis of preparation
The financial statements have been prepared under the Charities Act 2011 and in accordance with
the Statement of Recommended Practice for Accounting and Reporting by Charities (20151, the
Financial Reporting Standard FRS 102 and relevant church accounting regulations.
The charity constitutes a public benefit entity as defined by FRS 102.
Assets and liabilities are inwtially recognised at historical cost or transaction value unless Otherwise
stated in the relevant accounting policy note(5).
(b) Going concern
The financial statements have been prepared on a going concern basis as the Trustees believe that
no material uncertainties exist. The Trustees have considered the level of funds held and the
expected level of income and expenditure for 12 months from approving these financial statements.
The budgeted income and expenditure is sufficient with the level of reserves for the charity to be
able to continue as a going concern.
(c) Income
All income is included in the Statement of Financial Activities when the charity is entitled to the
income and the amount can be quantified with reasonable accuracy. Income is allocated as
unrestricted and restricted in accordan￿ with fund accounting rules.
The ft)Ilowing specific policies are applied to particular categories of income:
Income from donations and legacies includes grants and donations and is included in full in
the Statement of Financial Activities when receivable. Grants, where entitlement is not
conditional on the delivery of a specific performance by the charity, are recognised when the
charity becomes unconditionally entitled to the grant.
Legacies are included in the Statement of Financial Activities when the charity bÈtomes
aware of its entitlement to the gift and the amount involved can be quantified.
Income from investments is included when receivable.
Income from other trading activities is accounted for when earned.
12

St Andre￿s, Stapleford Parochial Church Council
(d) Expenditure
Expenditure is recognised on an accrual basis as a liability is incurred, split between unrestricted and
restricted funds.
Expenditure on raising funds comprises the costs associated with attracting donations and legacies
and the costs of other trading activities.
Expenditure on charitable activities comprises those costs incurred in the delivery of service5
to beneficiaries. It includes both costs that can be allocated directly to such activitie5 and
those costs of an indirect nature necessary to support them.
Governance costs are those associated with meeting the constitutional and statutory
requirements of the charity including costs linked to the strategic management of the
charity.
Identifiable direct costs are allocated between expendrture categories of the Statement of
Financial Activities on an actual basis. all other costs are allocated on a departmental 'head
counv basis.
(e) Consecrated and benefice property
Consecrated and benefice property of any kind is excluded from the financial statements by Section
10 (2) lal & (c) of the Charities Act 2011.
(n Tangible fixed assets
Individual fixed assets costing more than £750 are capitalised at cost.
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost over their
expected useful economic lives as follows:
Electronic equipment
33% straight line basis
(g) Investments
Investments in quoted securities and property investments are stated at market value at the balance
sheet date. The Statement of Financial Activities includes the net gains and losses arising on
revaluations throughout the year.
(h) Fund accountlng
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of
the general objectives of the charity.
Designated funds have been set aside from unrestricted funds by the PCC for specific
reasons.
Restricted fund5 are subjected to restrictions on their expenditure imposed by the donor.
(i) Taxation
The charity is exempt from corporation tax as Surplus income and gains are applied for charitable
purposes.
(i) Finance and operating leases
Rentals applicable to operating leases are charged to the Statement of Financial Activities over the
period they are incurred. The charity has no finance leases at present.
13

St Andre￿5, Stapleford Parochial Church Council
2. Incoming resources
Unrestricted
Restrfcted
2024
Total
2023
Total
Donations and legacies".
Donations and gifts
Gift aid
Sub-total
57,109
12,130
69,239
9,210
66,319
13,978
80,297
61,621
11,495
73,116
11,058
Charitable activities:
Fee income
1,312
1,312
1,160
Other ordinary incoming resources:
Hall hire
6,138
6,138
4,388
3.060
18,275
4.445
30,168
Fundraising
Magazine sales & advertising
Other income
Sub-total
17.008
4,824
27,970
17,008
4,824
32.014
Income from investments:
Interest income
5,614
5,614
4,802
Total incoming resources
104,135
15,102
119,237
109,246
Please refer to Note 3 for associated resources expended.
14

St Andrews, Stapleford Parochial Church Council
3. Resources expended
Unrestricted
Restrirted
2024
Total
2023
Total
Expenditure on raising funds:
Magazine printing costs
Other trading activities- hall upkeep
Other
9,568
5,995
9,568
5,995
10,145
3,872
360
Sub-total
15,563
15.563
14,377
Expenditure on charitable activities:
Ministry share
Administrative costs
Utilities
26,486
13.777
7,076
2,809
26.486
13,954
7,076
2,809
10,314
220
27,094
12,831
4,062
2,700
11,734
608
177
Insurance
Repairs & maintenance
Events & entertaining
Missions & charities
Upkeep of services
Choir, robes & music
Youth work & education
Sub-total
2,830
220
5,500
1,897
11.552
(2491
76,552
5,717
11,217
1,897
11,552
(249)
85,276
12,362
1,442
5,214
8,195
86,242
8,724
Total resources expended
92.115
8,724
100,839
100,619
4. Staff costs
2024
2023
Salary costs
8,398
15,191
The average number of employees during the year was 1.00 {2023: 1.75}
15

St AndreWs, Stapleford Parochial Church Council
5. Tangible Fixed Assets
Electronic
Equipment
C05t
At l January 2024
Disposals
At 31 December 2024
2,137
(2,137)
Depreciation
At l January 2024
Disposals
At 31 December 2024
2.137
(2,137)
Net book value at 31 December 2024
Net book value at 31 December 2023
The PCC owns the freehold of the Johnson Hall and Vergerfs Cottage which it acquired from the
diocese in 1954. This asset was not capitalised in the accounts of prior periods and the trustees have
decided there is no material benefit in obtaining a formal valuation. For insurance purposes, the
property is valued at £2.900,0￿.
6. Fixed Asset Investments
Unrestricted
2024
2023
CCLA share fund investment".
At l January
Gains on revaluation
Market value at 31 December
102,266
2,341
104,fA)7
93,402
8,864
102,266
CCLA property fund investment:
At l January
Gains/lLosses1 on revaluation
Market value at 31 December
20,155
iii
21,140
(985)
20,155
20.266
Total market value of investments at
31 December
124,873
122,421
16

St AndreWs, Stapleford Parochial Church Council
7. Debtors
Unrestricted
Restricted
2024
2023
Debtors
1.622
265
558
2,180
265
1,754
305
Prepayments
Total
1.887
558
2,445
2.059
8. Cash at bank and in hand
Unrestricted
Restrirted
2024
2023
Cash at bank
72,566
40,243
112,809
97,037
9. Credltors: amounts falling due within one year
Unrestrictsd
Restrirted
2024
2023
Creditors
472
472
1,131
2,077
13,758
Accruals
1,079
13.175
1,079
13,175
Deferred income
Total
14,726
14,726
16,966
10. Lease commitments
2024
2023
Total value of future photocopier
rental payments
4,949
773
11. Transactions with trustees and related parties
No trustee received any remuneration during the year {2023: Nil).
Expenses amounting to £115 (2023: £128) were reimbursed to one trustee (2023". One).
There were no related party transactions (2023: None).
17

St AndreWs, Stapleford Parochial Church Council
12. Funds
l January
2023
Movement
during 2023
31
December
2023
Movement
durbng 2024
31
December
2024
Restricted funds:
Estate fund
Nachingwea fund
Children's Society &
Warden Scheme
25.598
(1,053)
(2,067)
301
24,545
7,577
301
2,081
4,790
1,507
26,626
12,367
1,808
Total Restricted funds
35,242
(2,819)
32,423
8,378
40,801
Unrestrirted funds:
Johnson Hall fund
General fund
Legacy fund
27,710
42,183
77,527
515
28,225
57,217
77,527
143
28,368
72,546
77,527
15,034
15,329
Designated funds:
Messenger Fund
Youth Fund
5,383
8.383
776
{3,000}
5,383
776
776
Total Unrestricted funds
152,803
19,325
172,128
12,472
184,600
Total funds
188,045
16,506
204,551
20,850
225,401
l. Restricted Funds
Estate Fund
The Estate fund was established to fund major repairs to the church largely, but not exclusively,
arising out of the quinquennial inspection. It is primarily supported by two Stapleford village
charities. Although these are independent of the PCC, the Parish Priest and the churchwardens seNe
as trustee5 of both charities. The Feoffees charity regularly gives three-fifths of its income each year.
it gave £4,861 in 2024 {2023: £4,941). The Friends of St Andrev/s raises funds for the long-term
maintenance of the church fabric. Any request from the PCC is conSide￿d by the trustees of The
Friends on its merit. Nothing was received from this source in 2024 (2023: £1.000}.
Nachin
ea Fund
The Nachingwea fund receives money from regular donations, specific appeals and fund-raising
events. Its funds are applied in support of St Andrev/s church in Nachingwea. Tanzania and its
parishioners.
18

St Andre￿s, Stapleford Parochial Church Council
Other
The church operates two other small funds for cau*s which it supports. The Children's Society fund,
which has been established for a number of years, and the Community Warden Scheme fund which
was set up in 2019. Both receive money from occasional events organised by the PCC.
2. Unrestrirted Funds
Although separate records are maintained for administrative purposes, these funds are collectively
available to the PCC to utilise as it deems appropriate. Apart from the Messenger Fund, these funds
have not been designated for any particular purpose: the separate headings are a record of where
the funds have been sourced.
Johnson Hall Fund
Profits/(losses) on the operation of the hall are accumulated in this fund and it is expected that they
will be called upon first in the event of any maintenance costs.
Le
The source of this fund was a significant legacy with no conditions attached. Thi5 fund constitutes
the bulk of the PCC'S investment portfolio, the income from which is accumulated directly into the
general fund.
General Fund
This fund receives its income primarily from member donations, the magazine and other routine
parochial activities. It funds the day-to-day operations of the PCC and the diocesan share.
Desl
nated Fund - Messen
er Fund
The PCC allocates a proportion of the surplus generated by the parish magazine (The Stapleford
Messenger) to support local charitable and other village-related activities. A designated fund was
established for the purposes of receiving and paying Out these monies.
2024
2023
Balance at l January
Transfer in from General Fund
Transfer to Nachingwea Fund
Transfer to Warden Scheme Fund
Payments to External Organisations
8,383
5,383
3,CX)O
{I,000)
(1,￿0)
{4.CKK))
Balance at 31 December
5,383
8,383
Youth Fund
Monies amounting to £776. previously received by the PCC from youth activities, have been
transferred to a separate fund to be used on behalf of such futu￿ initiatives.
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St Andre￿s, Stapleford Parochial Church Council
13. Analysls of net assets between funds
2024
Unrestricted
Designated
Restricted
Total
Fixed assets
Investments
124,873
124,873
Current assets
Debtors
1,887
67,183
558
2,445
112,809
Cash at bank and in hand
5,383
40,243
Current liablllties
Creditors: due within one year
(14,726)
(14,726)
Net assets
179.217
5,383
40,801
225,401
2023
Unrestricted
Designated
Restricted
Total
Fixed assets
Investments
122,421
122,421
Current assets
Debtors
1,495
56,795
564
2,059
97.037
Cash at bank and in hand
8,383
31,859
Current liabilities
Creditors: due within one year
{16,966}
{16,966)
Net assets
163,745
8,383
32,423
204,551
20