REGISTERED CHARITY NUMBER". 1158894 ST BARNABAS wrrH CHRisf CHURCH WORCESTER ANNUAL REPORT AND FIN CJAL STA ME FOR ThEYEAR ENDED DE MBE
sr BARNABAS wrrH CHRisf CHURCH CONTENTS OF THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Cont•nts Annual Report Independent ExamSnerfs Report Statement of Flnanclal Actfvltles Balance Sheet io Notes to the Flnancial Statements 11-20
The PCC members (the trustees) present their annual report and accounts for the year ended 31 December 2024 which comply wlth the Church Accounting Re8ulation$ 2006 and the Charity Commission's Statement of Recommended Practice. REFERENCE AND ADMINisfRATIVE DEfAIiS St 8arnabas wlth Chrlst Church Is pan of the Olocese of Worcestef wlthin the Church of England. The correspondence address is The Vicarage, Cranham Drive, Worcester. WR4 9PA. The charity registration number is 1158894. Members of the ParochSal Church Councll IPCCI are either ex officio or elected annually at the Annual Parochial Church Meeting IAPCMI in accordance with the Church of England's Church RePsentatIon Rules. The voting members of the PCC are a150 Trustees of the charity. The members of the PCC durln8 the perlod from l January 2024 untll the date thls report was approved were- Votlng members: Priest-In-Char8e Revd Sarah Northall Assoclate Priest Revd Rosie Moss Churchwarden Maryjames Also Deanery Synod Rep Llcensed Lay Minister Julle Berrow {Ex-offlclo from 14 Aprll 20241 Deanery Synod Reps John Dentlth (Ex-offlcio as Diocesan Synod memberl Also PCC Lay Chair Also Joint PCC Secretary Marlan Bailey {Mary James Also churchvnrden) Elected members Rachel Chalmérs Helen Platt Jackle Campbell Ann Bryant Sue Martyr Sue Sykes Philippa Hawknns Margaret Gandon Vènessa Haddleton Also Parish Safe8uardini Officer so Jolnt PCC Secretary COpted members Aidan Melarkey Also PCC Treasurer
BARNABAS WITH CHRIST CHURCH ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2024 STrUCTURE, GOVERNANCE ANO MANAGEMEP Revd Sarah Northall continues in her role of Priest-in-charge. alongside her existing duties as the Vicar of Worcester St Wulstan. The appolntment of PCC members is set OLrt In the Church Representation Rules. All church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC. All members of the PCC are also trustee5 o*the Charity. The PCC met formally seven tlmes durln8 the year. It also operated throu8h 5ubcommittee5 which met between full PCC meetings. These are the Standin8 Committee which has power to transact the business of the PCC between meetlngs sublett to the dlrectlon of the PC¢ and committees dealing with the Fabric of the church, with its Worship, with Outreach/Youn8 People, with Pastoral Matters. With Mission Givin& with Events and Publicity and with the Parish Hall. RE5PONSI8ILmE5 St Barnabas wlth Chrlst Church PCC has the responsibllty of co-operatlng wlth the Prlest-lnlharge in promotlng the whole mission of the Church - pastoral, evangelistic. soclal and e¢umenital. It also has malntertan¢e responsiblllty for St Barnabas Church and Church Hall. The Chrlst Church chapells retalned by the Dlocese for use by the Parish out of the lease of the Tolly Centre to the Local Authority. The inventory of the conlents of the church was updated by Margaret Gandon and checked In March/Aprll 2023 prlor to the APCM. STAFF AND VOLUNTEERS Thè Diotese provided the Stipend of the Priest-in-charge (who resides In the Vlcara8e of Worcester St WLtlstanl. The Associate Priest licensed to the parish in July 2023 O'ointly with the pari5he5 of Worcester St Wu15tan and Worcester Sl Nlcholasl Is a 5elf-supportin8 mlnister and is therefore non-stlpendiary. The PCC covered payments to the orRanist and the Church cleaner. Otherwise volunteers provided the backbone of the Churches, activities. Members of the church played a¢ti¥e roles in the church worship and ministry as readers, intercessors, musicians, flower arrangersi 8ardeners, refreshments, bereavement vlsltors, administrators. treasurers, worship leaders and volunteers. PAR15H ELEcfoRAL ROLL At the end of 2024. the were 72 church members on the Electoral Roll. of which 25 lived outside the parSsh. 08JECrnIES AND AcfiviTIES The trustèes confirm that the PCC has complied with the duty in sÈrtion 17151 of the 2011 Charities Act to have due reBard to guidance on public benefit when reviewing the Pc$ aims and objectives and in plannin8 futurè activities. The objertive of the PCC is the promotion of the whole mission of the Church of England in the Ecclesi35tical Parish of St Bamdbas with Christ Church. All public worshlp is provided free of charge and 15 open to all. The attivities include=. the provlslon of sacred spaces. open to all. for the purpose of personal prayer. and for the use of local school5. pastoral work includin8 the visiting of the sick and bereaved the teachinB of the Christian faith the provislon of community events open to all the provision of chaplaincy services to local schools the relief of poverty and hardship SAFÉGUARDING Rachel Chalmer5, the Parish 5afe8uarding Officer. ensured that the PCC remalned compliant with the current legi51atlon. GENERAL DATA PROTECTION REGULATIONS The PCC continued to operate wlthln these regulations.
ST BARNABAS WITH CHRlSf CHURCH ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2024 COMMUNICATIONS We continued to run an effective and up to date website and Faeebook page: Thanks to Julie 8errow, Jatkie Campbell and Penny Evers. There was a pause in the availability of the website for part of the year whilst renewal of the PCCS Ilcense was bein8 negotiated. but this has now been resolved. ACHIEVEMENTS AND PERFORMANCE THE MINISTRYTOTHE YOUNG We were pleased to welcome the Swuts and Cubs to our Remembrance Day servlce. Our services èncourage participation of as many children and youn8 people as are present and who would like to- Including welcomln& readin8 and saylng the prayers. In being Involved they are learnin8 about what we do In church and why. Sue Sykes. Vanessa Haddleton and Brian Penson faithfvlly led the Open the Book sessions at St. Barnabas School every Monday Sn term tlme. Green Lane Prtrschool ¢ontinues to meet In the ¢hurch hall. Thls Includes the provlslon of part of the former Rectory garden for use as a forest school. Includlng the installatlon of blrd boxe5 and Insect bug hotels. The PCC was grateful to recelve the cooperation and encouragement of the Diocesan Parsonages 8oard In transferrln8 that area from dlocesan to parish administr?tion. The PCC is pleased to continue to host this successful co-operation with our nearest school. sr BARNABAS REcfoRY The Rectory is no lon8er qUIred by the dlocese. and was sold durin8 the year to private buyers. THE MINISTRYTO FAMIUES In 2024 the church offered the usual Crlb 5ervlce on Christmas Eve and baptlsms when requested. A well equlpped, dedicated play area is available at all services under parental supervision. The usual Good Friday service for children was not held, to encourage attendance Instead at the Passion Play in the clty centre. THE MINISTRYTO THE COMMUNITY; LOCA¥ NATIONAL AND INTERNATIONAL The parish hall continued to be used for a pre-school (run by St Barnabas C.E. Primary School). The pre4chool uses It in the mornings and afternoons and It is also used by the ehurth communrty for occasional soaal events. including Bums Night, and for private hire by parishioners Other events in church included 4 brass band charity concert given by Worcester Concert Brass, and a pre-Chri5tmas festival of Nativlty Crib Sets. We continue to provide a well-cared for churchyard 8reen area for those who walk dogs and bring thelr children to play on the green. Thanks to all volunteers who keep our grounds so beautifully. Ongoing mlnlstry to Regency High School, St Barnabas School and Bishop Perowne Academy included taking part in Easter, Harvest and Christmas services. sometlmes in year groups. and school visits by the chaplaincy team when posslble. Our commltment to and relatlonship with St 8am3bas CofE Primary School and Bishop Perowne Church of England College, being the two church schools in the parish. is particularly strong.
ST BARNA8AS WITH CHRIST CHURCH ANNUAL REPORT OF THE PAROCHIAL CHURCH COUN FOR THE YEAR ENDED 31 DECEMBER 2024 IL MISSION GIVING GROUP The Mission Fund is allocated IO% of the previous yearfs total donations from the Planned Giving Stheme and the Sunday morning service plate collections. Thls Mlsslon Fund allowance Is allocated on a quarter basis and donations are usually made around Lent, Harvest time nd at Christmas. The committee meets to discuss options and ideas and donatlon allowances, usually dlvided between Local, Natlonal and Internatlonal charltles and Diocesan Mission Links. The su88ested payment5 are then formally aBreed by the PCC. A IFst of donations together with information and ècknowledgernents are put on the Mission Fund Notice Board at the back of the Churth. Our Chrlstma5 shoe box appeal for St. Paul's Hostel and Ma88s Day centre, coordinated by Mary James. resulted In a total of 150 boxes and ba8$ being donated to the two charities. We thank Britannia Square residents and the United Reformed church, as well as our Cluster of churches and many friends for their generosity in time and money. The boxes/ba85 were blessed in church on Wednesday 18th December 2024. The Chlldren's Society Box collection was ctrordlnated byjohn Dentith and £199.69 was raised thi5 year. 2024 M1s51on Fund Glvlry Local: Acorns Chlldren's Hospice Angel Tree Project, Long Lartin Prison Easter Passion Play in Worcester Worcester Foodbank Farmin8 Community Network Good Soil, Top Barn Worcester New Hope Worcester 5t Paul's Hostel for the Homeless WCWR Iworcester City Welcomes Refugeesl £2LXI £2 £2) £2 £250 £250 £250 £21yJ £2 Int•rn•tlon•l: 8lshop John's Lent Appeal for Friends of the Holy Land Chrlstlan Ald Week Christian Aid/DEC Middle East Humanitarian Appeal Marls Meals Harvest Appeal Church Misslon Society Ireland Water Ald Harvest Appeal £51X) £3C £200 £250 £3(Y) £250 Total Donatlons for 2024: £3.750 MAGOEBURG UNK It was Still not possible to welcome a party of vlsltors to the parish in 2024. E-mail contart is beln8 malntained. WORSHIP One Eucharist each on Sunday morning and on Wednesday morning, except for One sunday mornlng seThfice per month. usually but not exclusively the flrst Sunday. whlch Is designated a5 Something Else Sunday. and when a non-Eucharistic service is held. This is led by members of the volunteer leadership in worship team. and one Wednesday service likewise. A new Sunday evening non-liturgical service called Crossroads was introduced during 2024. When there is a fifth Sunday in the month. a cluster Eucharist service is held for the combined congregations of the three cluster parlshes. This Is held in one of the cluster church buildings. by rotatlon.
ST BARNABA5 wrrH CHRisf CHURCH ANNUAL REpoKf OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2024 Seasonal services including Ash Wednesday. Lent, Holy Week and our Patronal Festival were held as usuals plu5 Christmas services and schools carol services and other worship events. Our prayer request'post-box, which wa5 installed outside the main church doors continues to be used. often bv non-church members. It is opened regularly and the prayer requests are actioned. Re8ular bible study courses which recommenced following the Covld Internrption were paused for much of 2024. but will be reintroduced in 2025. Our leadership in worship team continued to benefit from the support of.. Revd Andrew Gandon, as a retired prlest wlth Permission to Officiate IPTOI, who also runs the house Bible Study group and offers pastoral support- Revd Jonathan Klmber who has jointd our con8re8ation has now also been 8ranted Permission to Officiate by the Bishop, and is therefore a welcome addition to the team. Revd Sooz Magee joined us in July 2024 as a curate in training. lulle Berrow contlnued her valued contribution as Llcensed Lay Minister. and is now also training for ordlnatlon. Judlth and Chrls Ford formerly inspired the PCC and congre8ation as Eco-reps. up untll the tlme of Judls untimely death in May 2023. Sue Martyr has now tsken up the challenge as thelr replacement. The Audio-visual system ¢ontinued to provide new and creative ways to en8a8e In worship and to welcome those people who come who are more famlliar with using this technology, as an aid to more Involvement wlth what happens In church. tt is also used on other occaslons, such as school visSts and services and social events. Thanks arè due to those who contribute to Sunday worship by welcomin8 people. makin8 muslc, readin8, leading intercèssions, countlng money, flower arran8ing and generally preparing the church. And to the many people who also 8lve thelr time and effort durin8 the week to ensure the smooth runnin8 and upkeep of the church and church hall,. both of whlch had maintenance arKI repair works done to them to keep them fit for purpose. MUSIC The Viscount diBital organ has now been in place for almost 4 years and continues to provide effective accompaniment for services, with its re¢ordin8 facility showin8 It5 Worth. The p05itlon of the console has made the life of the organlst much easler for both hearlng the slnging la challenge from the old organ console) and being able to see what's 80ing on, not only at regular 5ervlces but at weddln8 and funerals. The Nlcholson plpe organ was given Its annual tuning and maintenance in December. though It Is little used now (the digStal'5 convenlence and effectivenes5 rather supplant its usefulne551. At the time of purchase of the Vlscount, the PCC determlned that we should keep the plpe organ in workin8 order for S years which wlll bè reached in Feb 26. It ml8ht be time to Start discussions. Unfortunately the di8ltal electric piano used on 'band' Sundays developed faults which were not repairable, and it has therefore come to the end of its working life. Whilst funds are ralsed for its replacemenL our portable instrument is brought into use when needed. Music for worship can now be more varied, as the use of our audio-vlsual system means that we are not tled to one hymn book. Thanks are due to Brian, John. Andyi Guy* Jonathan and Steve who make a great contribution to the music, and also to 8rian arbd John for maintainin8 the music rota. We are 4150 partlcLtlarly 8rateful to John Hockln81 who thou8h he is no longer our pernianent or8?nist contlnuès to provlde music for us at re8ular intervals, to a laudable and highly profe55ional stsndard.
ST BARNABAS wrrH CHRisf CHURCH ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2024 CHRIST CHURCH Further discussions continued in 2024 regarding our church presence on the Tolladine Estste and in the Tolly Centre, pending the resolution of fabric issues in the chapel itself. These works were commented in the autumn and are now complete. For the patronal festlval, Christ the Klng, a cluster Euchafist servlce was held in the community hall, at whlch we were pleased to welcome the Bishop of Dudley. the Rt Revd Martin Gorick. FINANCIAL REVIEW The funds of the church were deployed to support the general activities of the church in St Bamabas with Christ Church. to improve the facilities offered by the church hall including redecoration. and for other projects which are mentioned in the notes to the accounts where all desi8nated and restrirted funds are listed. The eff*rt5 of the Covid-19 Pandemic continued to leave an impact on attendance numbers and parlsh finances. However, due to the continued 8eneroslty of our church members, together wtth some Very welcome financial support from the dlocese. thls Impact has been mlnlmi2ed as far as possibk and the PCCS finances remain in good health. RESERVES POUCY The PCC plans its payments as far as posslble to match the tlming of its receipts. It seeb to malntaln general unrestrlrted reserves of a 5ufflcSent amount to cover such variations in the timings of payments and receipts as are nevertheless Ilkely to occur. Any addltional operatlng surpluses are transferred to designated reserves covering areas where future expendlture Is thought likety to be required- for example for the tsbrlt of the Church. Should there be an operating deficit In the general fund. thls is dealt with by means of transfers from such designated reserves whl¢h, In the vlew of the PCC, may be afforded. Receipts where the dofior specrfies the purpose of the payment, either expllcltly or implicitly. are placed into restricted funds and are recorded in the ye4r they are recefved even If the Intentlon of the donor Is to over several yearfs expendlture. The G•n•ral Fund The unrestricted general fund deals wlth the consolldated ongoing activities of both of the churches. For more information about the General and Unrestrrrted Funds. the finanaal statements refer. The Restrfrted Fund The Funds held as restricted can be found In the financlal rtatements. THE FiJfuRE The PCC plans to undertake the followin8 in 2025- Contlnue to dèvelop our mlnlstry within our cluster group. under the 8uidance of our Priest-ln-charge Revd Sarah Northall and a new Area Dean (when that person is appointed to succeed thÈ Revd Canon Diane Cookseyl, and continue to foster relatlonships. The further dèvelopment of Lay Ministry includlng that of our Ll¢ensed Lay Minister and our ALM, Continue our sense of being an 'lnvitationaY Church- remaining open to the community and being able to provide Safe and Sa¢11 space as well as use as a venue Fatth Courses for children and adults, including when appropriate joint courses with our duster colleagues. Develop the ministry of children and young people, especially through our work in lo¢al Khools. The continued development of our coffee and chat morning. Conslder optlons for improvlng access to the church entrance off Church Road. Expond our hymn repertoire and ¢ontinye to welcome the Music Group. Continue bein8 an Eco-church with a view to improving our cartn footprint. buildlng on the achievement of our Silver Award. Consider options for the future for church life at Christ Church, now that fabric repairs to make it more fft for purpose have been completed.
ST BARNABAS WITH CHRIST CHURCH ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2024 PCC MEMBERS, RESPONSIBILITIES The PCC members are responsible for preparing the Trustee Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standard5 (United Kingdom Generally Accepted Accounting PractlcÈl. The law applicablè to charities in England & Wales requires the trustees to prepare financlal statements for each financial year which give a true and fair view of the State of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparin8 these finantial statements, the trustees are required to: select sultable accountln8 policles and then apply them consistently,. observe the methods and principles in the Charities SORP 2015 IFRS 1021,. make judgments and estimates that are rea50nable and prudent,. state whether applicable accounting standards have been followed. subject to any material departures dls¢losed and explained in the financial statements- prepare the financlal statements on the 8oln8 concern basls unless It is Inappropriate to presume that the rharrty wlll Continue in operatlon. The trustees are responsible for keeplng proper accounting records that disclose wlth reasonable accuracy at any tlme the financlal positlon of the charlty and enable them to ensure that the financlal statements comply with the Charltles Act 2011, the Charitles (Accounts and Report51 Regulations 2CQ8 and the provlsions of the trust deed. They are a150 responsible for safeguardlng ihe assets of the charity and hence for taking reasonable steps for the preventlon and detectlon of fraud and other Irregularltles. Approved by the Parochlal uncll on slened on Its behalf by: Revd Sarah Northall
REPORT OFTHE INDEPENDENT EXAMINER TOTHE MEMBERS OF ST BARNABAS WITH CHRIST CHURCH I report to the charity trustees on my examination of the accounts of the PCC for the year ended 31 December 2024 which are set out on pages 9 to 20. Responslbllltles and ba515 of report As the charivs trustees you are responsible for the preparation of the accounts In attordance with the requlrements of the Charities Act 20111'the ACVI. I report in respect of my examination of the charl$ accounts carried out under sectlon 145 of the Act and in carrylng out my examination I have followed all the applicable Directions given by the Charity Commission under sectlon 1451Sllbl of the Act. Independent ex•mlner's ststernent I have completed my examinatlon. I confirm that material matters have come to my attentlon in connection wlth the examination giving me cause to believe that In any materlal respett: accountin8 records were not kept in respect of the charlty a5 required by sectlon 130 of the Art,. or the 3c¢ounts do not accord wlth those records; or the accounts do not comply with the applicable requirements Concerning the form and content of accounts set out in ihe Charities (Account5 and Reports) Regulation5 2Q)8 other than any requirement that the accounts 8lve a 'true and falr vleW whSch Is not a matter considered as part of on independent examlnation. I can confirm that there are no matters in connectlon with the examination to which attention should be drawn In thls report in order to enable a proper understanding of the accounts to be reached. Rl¢hard Ounkley FCCA cfA RD Accountln8 Itd 12C Two Locks Hurst Buslness Park Brlerley HS11 West Mldlands DY5 IUU Date .
li- I e4 IP
ST BARNABAS WITH CHRIST CHURCH BALANCE SHEET FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 Notes FIXED A55Efs Tangible assets 47.767 39,622 47,767 CuRREASSErs Debtors and prepayment5 Cash at bankand in hand io 1,063 0.036 1,022 97.913 iii,o 98.935 LIABIirnES Creditors- Arnounts falllng due wlthln one year li 10,687 6.892 CURRENT ASSErs 91043 TOTALASSEtS LESS CURRENT UABIUTIES 139,810 TOTAL NEfASSETS I,034 139,810 PARISH FUNDS Unrestrtcted funds Deslgnated funds Restrlcted funds 16,937 72.936 50.161 13,796 79A96 46,518 13 140.034 139,810 Approved by the Paro¢hSal Church Councll on and slgned on Its behalf by: Revd. Sarah Nt)rthall io
ST BARNABAS WITH CHRisf CHURCH NOTES TO THE F NANCIAL STATEMENTS FOR THE Y R ENDED 31 DECEMBER ACCOUNnNG pouaE5 Gefieral inlornRtlon and ba$15 of preparatlon The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accountin8 and Reporting by Charities.. Ststernent of Recommended Practice applicable to charltles preparing their accounts In accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 issued on 16July 2014 las updated through Update Bulletin I published on 2 February 20161, the Finantlal Reporting Standard appllcable in the United Kingdom and Republic of Ireland IFRS 1021, the Charlties Act 2011, the Church Accountrng Re8ulations 2CK16 and UK Generally Accepted Ac¢ountin8 Practice. The charity has applied Update Bulletin l a5 published on 2 February 2016 and does not Include a cash flow statement on the grounds that it Is applying FRS 102 Section IA. The financlal statements have been prepared on a 8oln8 concern basis under the hIstorir cost conventlon except for the valuation of investments which are shown at market value. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. 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. The financial statements are presented Fn 5terlinB which is the functional currency of the charity and founded to the nearest£. Thè si8nificant accountlng policies applled in the preparatk+n of these fjnanclal statements are set out below. These polkles have been conslstently applied to all years presented unless otherwlse stated. Incomlni Resour¢es All Incomlng resource5 are included In the SOFA when the church becomes legally entltled to the Income and when the amount can be quantified with reasonable certalnty. Colle¢tions are reco8nlsed when recelved by oron behalf of the PCC. Planned 8lvlng is recognised when recelved. Grant5 and legacies are recognised when receivable (that is. when the body gtvinR the grant or legacy confimis the amount and date of the disbur5ementS, that the PCC has met all the term5 of the grant or legacy and that It Is legally entltled to the disbursement). Income tax recoverable on gfft ald donations Is accounted for when the 81ft Is received, not when the tax refund is re¢eived. When Incoming resources have related expendlture las wlth fundralsin8 income) the Incomlng resources and the related sourceS expended are accounted for gros5 in the 50FA. Rental Income from letting the Church Hall is accounted for when it falls due. Dividends and interest are accounted for when e1Vable and includes any recoverable tax. Rewrces expended Expenditure is included on an accruals basls and 15 recognSsed when there Is a le831 or constructive obll8ation to pay for goods or servlces. All costs have been directly attrlbuted to the various cate8ories within the 50FA. General sUPPOrt costs are held wlth the General Fund. li
sr BARNABAS wrrH CHRIST CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECÉMBER 2 Icontinuedl ACCOUNTING POUCIES Continued As the church 15 not registered for VAT, all expendrture is Shown Incluslve of VAT. Governance costs include the cost of PCC meetings and independent financial review if charged. Parish Share is accounted for when paid except that any ParSsh Share unpaid at the end of the financial year is provided for in the accounts 05 a constructive obligation, although not a liability. and Is Included in the balance sheet as a Ilability. Parish share overpaid Is treated as a prepayment agalnst next year's agreed share. Uabllftl•s Llabllitle5 are recognised as soon as the legal or constructive obll8ation arise5. Flxed assets Conse¢r4ted property and mo¥•ble church fumlshln85 Consecrated property of any kind 15 excluded from the accounts by 5.10121 lal of the Charitles Att 2011. Movable church lurnishin85 held by the Vicar and Churchwardens on spetial trust for the PCC. and which require a faculty for d5sposal are accounted for as inaliènable property unless eonsecrated. They are listed in the church's Inventory and can be inspe¢ted lat any reasonable timel. For inalienable property acquired prior to 2005 there15 Insufflclent cost Information avallable and therefore such assets are not valued In the accounts. Items acqulred since l January 2005 will be capltallsed and depreciated In the accounts over their currently estlmated useful economic life on a strai8ht line basis. All expenditure Incurred in the year on consecrated buildin8s or on Indlvidual items under £1,5 net of VAT1£1800 Inclusive of VATI Is wrltten off. ThÈ Hall Screen purchased in 2014 Is being wrltten off over its expected life of 10 years on a straight Ilne basis. The church boller purchased Sn 201815 belng wrrtten off over Its experted life of IQ years on a stralght Ilne basls. Other fixture, ffttings and office equlpment Equipment used within the church premises Is depreclated on a stralght line basis over 4 years. Individual Items of eq¢Jlpment with a purchase prlce of Itss than £1.81X) Inclusrve of VAT are wrltten off when the asset is acquired. Consecrnted andbenefteproperty Consecrated and benefice property of any knnd is excluded from the financial statements by Section 10121 lal and It) of the Charlties Att 2011. Moble churchfvmtshlnqs These are capitslised at cost and depreclated 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. 12
ST BARNABAS WN CHRisf CHURCH NOTES TO THE FINANCIAL STATEMEp¥f5 FOR E YEAR ENOED 31 DECEMBER 2024 Icontinuedl Investments Investments quoted on a recognised stock exchange or whose value derlves from them ICIFS, etcl are valued at market value at the year end. Both realised and unrealised gains/llossesl are shown under'net gainslllossesl on investments. section of the SOFA. Short•temi deposlts Include tash held on deposlt elther wfch the CBF Church of England Funds or at the bank. Funds Unrestricted funds are #eneral funds available for the general objectrves of the church. Designated funds are funds that have been set aside by the PCC for partlcular purposes. the PCC may change the designated purpose should circumstances change. Restrlcted funds can onty be used for the purposes for whlch they have been glven wlthln the objectives of the church. The cost of ralsing and admini5ter5ng suth funds. if any, are charged agalnst those specific funds. Flnanclal instruments Financial liabilities and equity instruments are classified accordlng to the substsnce of the contractual arrangements entered into. An equlty Instrument Is any contratt that evldences a resldual interest In the assets of the entity after deductlng all of Its finandal Ilabllhles. Where the contractual obllgatlons of finandal Instruments are equlvalent to a slmllar debt instrument. those flnancial instruments are classed as financial liabilities. Flnanclal 1Sabilltles are presented as such In the balance sheet. Flnance costs and gains or losses relatSng to financial Ilabilltles are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on rhe outstandln8 Ilablllry. Where the contractual terms of share capital do not have any terms meeting the definition of a financlal Ilabllltv then this is classed as an equity instrument. Dividends and distributions relatinq to equbty instruments are debited dirert to eqsjity. Tot•1 Totsl 2024 Totsl 2023 Pl•nnedGlvln8 Tax RecoverablÈ Collertlons Don•ti¢ Gr*nts X136 171 L623 $50 136 4371 23 38,136 40.276 4.371 4812 L623 1396 15.325 255 $09 iwi 775 509 775 77.964
ST BARNABAS WITH CHRIST CHURCH TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Icontinuedl Grants recelved, Induded In the above, are as follows: Totsl Totsl Mlnor RepalrsGrant Low Income Grant 1,170 17,139 IL421 IIA21 INCOMÉ FROM CHARtrAOiE PLIMTIES Total iIDrestrlrted Tot•1 Total 2023 Resrted Churth H•ll Lettlnqs Fees Parlsh ma0ne Traidcraft Sal•s Flowers .350 15,350 14,362 4,IY13 J6S 146 15.31 19,686 19,686 19,383 Totsl Uhstr1rted UnTe•trlrted DslwMled Funds Totsl Tot•1 2023 Fundrnlsl 105 105 OMEFROM IPIVESTMEflWS Totsl Tl)tsl Tot•1 2023 nk Interést 1752 752 1752 1752 752 752 1,418 14
ST BARNABAS WtrH CHRisf CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 {continued) EXPENOtTURE ON CHARifABiE ACTMnES Tolal Unrestrlcted Totsl 2024 Totsl XJ23 Missionary and diaritable 8l¥Jng Olocesan parlsh share Fèes payable tothe diocese Church runnlng arbd malntenance Churchyard upkeep Church Hall runnlngcosts Upkèép ol servlces Eduotlon Muslc Tolladlne Mlsslon expendbture Sundry Travel costs Depreclatlon Bank tharges Independent E¥amlnefs Fee 4750 3.750 50,139 L956 70 3.750 50.139 42.421 L956 1512 80 701 810 9,364 50.139 l956 370 13105 160 105 4129 4010 8.n9 81 L368 n8 n8 &n8 19,610 IL132 ILiIA28 84.733 COST OF INDEPENDENT EXAMINAnoN AND OTHER FINANCIAL SERVICES The amount payable to the Independent examlner In respect of the c05t of preparatlon of the flnanclal statements and external scrutiny for the year ended 31 December 2024 was £1,38012023: £1,320). TRUS7EES' REMUNERATION AND BENEFrrs No members of the PCC received any remuneration or other benefits for their work on the PCC for the year ended 31 December 2024 nor lor the year ended 31 December 2023. TRUSTEES, EXPENSES No trustee was paid any expenses for the year ended 31 Dernbel 202412023: ENIII. 15
ST 8ARNABAS WtrH CHRisf CHURCH TES TO THE FINANCIAL STATEMENTS THE YEAR ENDED 31 DECEMBER 2024 Icontlnuedl TANGIBLE FIXEDASSErs FIxre& Flttln85 and Equlpment As at ljanuary 2024 Addltlons 01spos•ls As 81 31 De¢emtw2024 87.213 Depre¢l•tlon Asat ljanuary 2024 Ch•r$e forthe year 01spoM15 8,146 A5 •t 31 Doc•mber21)24 47.592 tlet boolvalue at31 De(embeT2024 N•t 8oDkV•lue •t ljonuory 2024 47.767 DEBTORS Totsl Tot•1 202J Glft Ald recover•ble c63 L022 1,063 1,022 CRE Total Total 2023 DlocÈsan F•05 (note 14) Accwals 7J)76 L7TJ 10.086 6.892 16
ST BARNABAS WITH CHRIST CHURCH NOTES TO THE FINANOAL STATEMENTS R THE YEAR ENDED 31 DECEMBEA 2024 Icontinuedl 12. FUNDS RECEIVED AS AGENT The PCC acts as an agenry for the Dlocese for the elpt of fees for weddin8s and fijnerals and for the payment of fees to officiatin8 NSMS ond retired ministers. The PCC receives an administratlon fee of 5% of the gr05s amounts involved for thls service. Net fees due to the Diocese forthe year ended 31 December 2024 are as follows.. 8•lance owlnB at lJ•nu•ry2024 Gross fees collect•d durlng 2024 Admln fèe retalned15%} I3} Asat 31 Oecember 2024 7,076 Fees p•id In th• y••r BalarKe owlngot 31 L)ffember 2024 7,076 17
ST BARNABAS WITH CHRIST CHURCH TE5TO THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 310ECEMBER 2024 Icontinued) 13. RESTrICTED FUNDS The income funds of the charity include restrirted funds comprisin8 the followln8 unexpended balances of donations and grants held on trust for specfflc purp05e5'. Tr•nrf• D•l•K• at I I01)¥ R•sourc•s Gths on b•tw••n Oal•nc• at 31 •xp•nd•d In¥•It fvnd• Dw24 Chrlrt Churth R•fwblhm•nt H•ll App•l Fund H•ll App••l FuNls- DIMbl•d hdlld Fundr•l¥lni: Mi•bu Vlllt Youth Pll¢rtmmp Fund F•brf¢ Fund thur¢h Boll•r Fund Ory•n Fund F•brf¢ Fund 14775 17,1161 7,659 14,157 3.615 2.850 887 247 6,547 IIA16 2,785 14.IS7 3,613 2.850 247 ¢728 19251 IW51 46518 .77S IIL1321 50.161 Aestrlcted funds are held for the followlng purposes: Chrlst Church Refurbishment Hall Appeal Fund Fundraising.. Madgeburg W15it Youth Pilgrimage Fund Fabric fund held a5 shares Fabrlc Fund Organ Fund Church Boller Fund Funds ralsed for the refvrbishment of the Christ Chur¢h buildlng Funds for Parlsh Hall related development Funds raised for MagdeburgHospttality Funds raised for youth pilgrimagelcamp Restricted fabric reserve5 held in the form of shares Funds held for the Fabric of the building Funds spent on a new di8ital organ held for depreclatlon purposes Funds spent on the replacement boller held for depreciation purposes 18
ST BARNABAS WITH CHRIST CHURCH NOTES TO THE FINANCIAL STATEME FOR THE YEAR ENDED 31 DECEMBER 2024 Icontinuedl 14. DESIGNATED FUNDS Tr•n¥lr b•tw*•n B•1• •t 31 D•¢-24 D•lIn rt I Inc•mlry R•¥ourc J•Tr24 G•kn• on Hall Boll•r A•Mr¥• H•ll M•lnt•n•no ft•r• Mlulon Gl¥lni G•n•rnl F•brlc R•w Don•tloM Un•llo¢•t•d AV Equlpm•nt M Dlr•¢tor Muik 14,144 29. 1928) 113.1241 13,750) 13.116 26,119 15JOO 16,0001 3.750 492 26,779 7,3 798 492 26,779 5,492 798 {1 79A96 ISJOO 119.610) 12,2501 72,936 The main desi8nated funds held are for the following purposes: Hall Boilèr Reserve Hall Malntenance Reserve Mlsslon fjivlng General Fabrlc Reserve Donations Unallocated AV Equipment Music Dirertor Muslc To ensure the ¢hur¢h can maintaln the Hall boiler. To ensure the church can keep the hall fit for purpose. To 5UPPQrt M1551on Glvlng To provide for future fabrlc repalrs Monies set aside in anticipatlon of slgnlflcant future expendlture. Funds spent on AV equipment held for deprèciation purposes. Organist payments To provkle fgr fure pur¢hases of muslc resources 15. MAIN TRANSFERS BETWEEN FUNDS The main transfers durln8 the year were as follows: 1. £6,oL from Hall Maintenance to cover general malntenance The deficlt on the Mission Giving Fund has been covered by a traner from the General Fund. 19
ST BARNABAS WThH CHRisf CHURCH TES TO THE FINANCIA ATEMENTS FOR THE YEAR ENDED 310ECEMBER 20 Icontinuedl ANALYSIS OF NET A55EfSBY FUND Flxed Culrent Cyedltors Unrestrfrted Funds IV55 89A73 Restrtct•d Funds 19066 3L045 50.161 39MI IILOg9 140.034 19. RELATED PAR cnoNS There are no related party transattlons to report. 20