Annual Report and Financial Statements of the Parochial
Church Council of Newchapel St James
st
For the year ended 31 December 2024
Charity registration number.. 1163088
"Don't be afraid, dear Zion, don't despair.
Your God is present among you.
Zephaniah 3..17 Ithe Message) Church motto verse f or 2023

DIOCESE OF
.1 LICHFIELD
,JL
Come follow Christ in the footsteps of St Chad
The Parochial Church Council of The Parish of Newchapel St James
Trustees, Annual Report for the year ended 31" December 2024
Ob-ectives and Actlvitie5
The Parochial Church Council of Newchapel St james (the PCCI has the responsibility of co-operating with the incumbent. However,
Newchapel St James 15 currently in vacancy, in promotin8 in the ecclesiastical parish, the whole mission of the Church, pastoral,
evanÈelical, social. and ecumenical. The PCC is also spiritually responsible for the maintenance of the church.
The PCC 15 committed to enabling as many people as PO55ible io worshlp at our church and to become part of our parish community
at Newchapel. The PCC maintains an overview of worship throughout the parish and makes suggestions on how our services can
involve the many groups that live within our parish. Our services and worship put faith into practice through prayer, scripture. music
and sacrament. Also. through non sacramental activities of hospitality and fellowship we aim to reach non churched members of
the communitv.
Public benÈfit
The trustees of the PCC are aware of the Charity Commission's guldance on public benefit in Yhe Advancernent of Religion for the
Public Benefit, and have had regard to it in their administration of the Charity. The trustee5 believe that, by promoting the work of
the Church of England in the Ecclesiastical Parish of St james Newchapel, it helps to promote the whole mission of the Church by
following Christ in the footsteps of St Chad, through vocation. discipleship, and evangelism, and that in doing so it provides a benefit
to the public.
Achievements and Performance
At the start of 2024 we began an Interregnurn in which we have mostly managed to have 2 Holy Cornmunions a month, run a Lent
course, a Start course which carrled on to the end of the year as a house group. We have hosted Ladies and men's Breakfasts. We
had Churchyard Day and invited member5 of the communlty to join us also an evening with the Cubs and Scouts helping to tidy
the Christmas wreaths off the 8raves. At the end gf the year, we 72 members on the Church Electoral Roll which is 5 more than
2023.
Safeguarding
The PCC believes they have fulfilled their duty under section 5 of the Safeguardlng and Clergy Discipline Measure 2016 la duty to
have due regard to House of Bishops, guidance on safeguarding children and vulnerable adultsl.
Our safeguarding officer has worked really hard this year on bring the PCC and all those volunteer5 involved in activities which
include vulnerable children and adults, to have all the on line training they need.
Re
ortin
Serious Incidents
A Serious Incident is an adverse event. whether actual or alleged, which results in or risks Significant harm to the charity's
beneficiaries. employees, office holders, volunteers or to others who come into contact wlth the charity through Its work.loss of
the charity's money or asset5. damage to the charity's property or harm to the charitls work or reputation.
The trustees are not aware of any Seriou5 Incidents in the last year.
Fundraisin
Puge 2

The PCC takes its fundraising responsibilities 5eriou51y and is very grateful to all donors whether regular or occaslonal for their
support of the church and church events. PCC supporters are never taken for granted. The PCC takes full responsibility for
fundraising and does not Use commercial or83nisations or profe55ional fundraiser5. All money raised is either by donations,
fundraising events, Special appeals or legacies for which the PCC are most grateful.
Volunteers
The members of thè PCC would like to thank all 61 volunteers who work so hard to make our Church a lively and vibrant communlty.
Rlsk Management
The Church Wardens carry out regular Health and Safety Review% and regularly Inspect premises for potential hazard5. We have
5afe8uarding policies in place for child protection and for work with vulnerable adults, including ri8orous DB5 checking of staff and
volunteers. Our insurances are reviewed annually to ensure adequate cover. An infoimal review of any new risk5 which may impact
the work of the Church in the Parish is ongoing.
StructL¢re, Governance and Management
The PCC Is a tsody Corporate established by the Church of England and is a Charity registerèd wlth the Charity Commission under
re8lStrati()n number 1163088. The PCC is governed by the Parochial Church Council Powers Measure119561 as arnended that came
into effect on 2. January 1957, and the Church Representation Rule5 (contained in Schedule 3 to the Synodical Government
Measure 1969 as amendedl.
The method of appointment of the PCC rnembers is set out in the Church Representation Rules. The Council comprise5 the
Incumbent. the Churchwarden5, a representative of the Readers, those elected to the Deanery Synod, and other members who are
elected at the Annual Parochial Church Meeting. by those on the Electoral Roll. The PCC members receive training from courses run
by the Diocese. Members of the congregation are always urged to join the Electoral Roll, and to Stand for election to the PCC.
The PCC members are responsible for making decision5 on all matters of general concern and importance in the parish, and for all
financial matters. The PCC met 9 times in 2024.
Financial Revlew
PCC of Newchapel St James
Net Total Assets.. £62.50712023 £54.1541
Excess.. £8,353- Unrestrlrted Excess.. £3,793 Restricted Excess £4,561
12023 Excess £13.2931
Reserves Policy
It is PCC policy to try to build up free reserves Inet current assets) which equates to at least three months unrestritted payments.
The Reserve Fund now stands at £10,500, almost equivalent to three month's usual bills when the church started to make these
¥eserve5. The PCC must be reminded that these funds must be sufficient to cover 3 months of expenses which they currently do
not as costs have increased per rnonth to around £12.666. The PCC will need to keep a check on thi5 moving forward and make
provision within the reserves for this increased expense. The balance of the free reserves at the year-end was £17,88012023
£18,3801 plus the reserves de5ignated= £28.380, 50 above this target. Due to the exponential rise in cost of building materia15 the
church is 80ing to Struggle for a number of years to continue with a programme of ijrgent rernedial repair5 due on the church
therefore the plan to wait until they are complete before saving for the reserves seems unwise,. the PCC plan to set aside a growing
reserve, year on year, until at least the sum of three months unrestricted payments is held in a reserve fund.
Ptsge 3

Investment Pollcy
The charity 15 granted power to invest in suitable investments under the PCC Powers Measure 1956 and the Trustees Aci 2000. As
a charity, the Trustees have a duty of care to take such Hdviee as Is appropriate before investments are undertaken. This advice 15
sought from the Central Board of Finance ICCLAI in London. AFH Wealth Management and EFG Harris Allday
The chariiV5 investment policies are based on two key principles'.-
Ethical Invè5trnent- this includes ensuring that investments are held in companie5 which have high standards of corporate
governance and act in a responsible way toward5 Stakeholders.
Long-term responsibilities
the trustees are aware of their long-term responsibilities in respect of the Restricted and
Unrestricted reserves and a5 a result follow a prudent approach to investment declslons.
Investment poli¢y for IoD8-term funds is aimed primarlly at generating a sustainable incorne, with due regard to the need for the
preservation of capital value, and the possible need to reali5e investtnents to meet operational needs. The charity doe5 not have a
policy of generating income at excessive or high risk- known as "purchasing income" where high returns are guaranteed at the
expense of capital.
In surHrn3ry, the charity has an ovèrall policy to maximise income while preserving the real value of its funds. Due to the nature of
the charity, an ethical investment policy is taken into conslderation when investment5 are made..
The charity follows the Ethical Investment Advisory pollcy as recommended by the Lichfield Diocese which includes the following..
e aim to invest in companies that..
will develop their business in the interest5 of shareholdeTS,'
demonstratè responsible employment piactices;
are conscientious concerning issues of corporate governance, the environment and human rights..
are sensitive to the community in which they operate."
Planned givin& collections and donations are the main sources of fund raising along with tax recoverable.
Reporting Serlous Incidents
A Seriou5 Inc5dent is an adverse event, whether attual or alleged, which results In or rlsks sSgnificant harm to the charltvs
beneficiaries, employees, office holders, volunteer5 or to others who come into contact with the charity throu8h it5 work,1055 of
the charity'5 rnoney or a5set5, damage to the charity's property or harm to the charity's work or reputation.
The trustees are not aware of any Serious Incidents in the last year
Fundraising
The PCC takes Its fundraising responsibilities seriously and is very grateful to all donors whether regular or occasional- for their
support of the church and church event5. PCC sypporters are never taken for granted. The PCC takes full responsibility for
fundraising and doe5 not Use commercial organisations or professional fundraiser5. All rnoney raised is either by donations,
fundraising events, special appeals or legaaes for which the PCC are most grateful.
Volunteers
The members of the PCC would like to thank all 61 volunteers who work 50 hard to rnake our Church a Ilvely and vibrant Community.
Risk Management
The Church Wardens carry out regular Health and Safety Reviews and regularly Inspect premises for potential hazards. We have
safeguarding poli¢ies in place for child protection and for work with vulnerable adults, including rlgorous DBS checking of staff and
volunteers. Our insurances are reviewed annually to ensure adequate tover. An informal review of any new risks which may impact
the work of the Church in the Parish is ongolng.
Pt7ge 4

strurture, Govèrnènce and Management
The PCC is a Body Corporate established by the Church of England and is a Charity registered with the Charity Commission under
registration number 1130297. The PCC is governed by the Parochial Church Council Power5 Measure119561 as arnended that came
nd
into effect on 2 January 1957. and the Church Representation Rules Icontained in Schedule 3 to the Synodical Government
Measure 1969 as amended).
The method of appointment of the PCC members is set out in the church Representation Rules. The Council comprises the
Incumbent, the Churchwardens, a representative of the Readers. those elected to the Deanery Synod, and other members who are
elected at the Annual Parochial Church Meetin8. by those on the Elector31 Roll. The PCC members receive training from cour5e5 run
by the Diocese. Mernbers of the congregation arè alway5 ur8ed to join the Electoral Roll. and to stand for election to the PCC.
The PCC members are responsible for making decisions on all matter5 of general concern and IMportan￿.in the parish. and for all
financial matters. The PCC met 9 times in 2024. IGiven its responsibilities. the PCC has a number of sub committees, each dealing
with a particular aspect of parish life. These include Finance and Standingcommittee. Each reports back to the PCC with the Minute5
of their meetin85.1
Related Partie5
There are no related partles ernployed by the PCC or awarded contracts for work
Puge 5

Reference and Administrative Detai15
The Church is 51tuated in Station Road, Newchapel, Stoke-on-Trent. ST7 4QT and is part of the Deanery of sroke-on-Trent. Sn the
Diocese of Lichfield. The correspondence address is St james Church, Newchapel. Station Road, Newchapel ST7 4QT.
Registered charity number 1163088. Our website address is.. http'./Iwww,5tjamesnewchapel.co.uk
Charity Name.. The Parochzal Church Council of the Eccleslastical Parish of Newchapel 5t Jarnes
other names the charity is known by: NIA
PCC Members: Who Served from l January 2024 to the date this report was approved
Dates acted if not for whole
period
Trustee name
Office Ilf any)
Ex-officio
The Reverend Sister Janet A.rnold CA
Chairperson
Re518ned 410212024
Mr5 Margaret Smith
Churchwarden & Deanery Synod
Fr3llk Harper
Churchwarden
Donna Rarnpling
Deanery Synod
Elected members
Nancy Philips
Secretarv
Term Finished 0610412024
David Phillips
0710412024
Sarah Gidman
0710412024
Sue Timbey
Resigned 0710412024
Lindè Stubbs
Jean Tidball
07104/2024
Wayne Bamford
Resigned 0710412024
Andrew Lawton
Ken Tidb311
0710412024
Simon Nicholson
Resigned 0312025
Paul Elden
0710412024
Covopted Members
Nancy Phillips
Secretary
1310512024
Judith Nicholson-Goold
Safeguarding
1310512024- 0312025
Page 6

Independent Examiner's report to the tru5teeslmembers ol The PCC of The Parish of Newchapel St James
I report on the accounts for the year ènded 31d December 2024 whlch are set out on the following pages.
Res
ective res
onsibilities of the Trustees and Inde
endent Examiner
The charit￿5 trustees are responsible for the preparation of the accounts. The charitV'S trustee5 consider
that an audit is not required for this year under Section 144 of the Char￿tieS Act 2011 (the Charities Act) and that an
Independent examination is needed.
It Is my responsibility
to examine the accounts under sectlon 145 of the Charities Act,
to follow the procedures laid down In the General Directions glven by the Charity Commission
(under section 14515llbl of the Charities Act. and
to state whether particular matters have corne to my attention.
Basis of Inde
endent Examlner's Statemen
My examination w35 carried out in accordance with the General Dirertions glven by the Charity Commission. An examination
include5 a review of the accc>unting records kept by the charity and a comparison of the accounts presented wlth those records.
It also includes consideration of any unusual items or disclosure5 in the account5, and seeking explanations from the
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 accounts present a "true and falr. view and the report 15 limited to
those rnatters set out In the statement below.
Inde
endent Examiner's Statement
In connection with my examination, no rnaterial rnatters have come to my attention which glves me cause to believe thai
in any material respect..
accounting records were not kept in accordance with section 130 of the Charitles Act or
the actounts do not accord with the accountin8 records
I have come a¢ross 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.
Signed..
Date..
Lichfleld Diocesan Board of Finance
St Mafy's House, The Close, Lichfield W513 7LD
Page 8

Ban1¢
Nats¥es1. fyyrsiem Fovnlafn It￿Ch
CCLA
l AnsEI Ln London EC4R 3AB
A4na4•rs
Indopend•nt
U¢hliÈld D5ocesan eoard of Fln4Dce
51 DA?rVs House. Th• CIv54. Ll¢lifi￿1d.W513 7LD
Appryved by the PCC on 24.03.202S Sv3ned on Its tyÈh3lf tsy..
Ckyrck L4)￿r
¥r
Bthnco 20211
Page 7

The Parish of Newcha
el St James
Notes to the Financial Statements
For the year ended 31" December 2024
Accountin8 Policies
The Financial statements of the PCC have been prepared in aceordance with the Church Acctsunting Regulations 2006 using the
Receipts and Payrnents basis.
There may be minor discrepancies in the tota15 as the pence are not being shown.
The flnancial statements have been prepared under the histOTlcal cost convention with items recognised at cost or transaction value
unle55 Othen￿lSe stated in the relevant notes to these accounts. The flnancial statement5 include all transactions. assets and
liabilitie5 for which the PCC is responsible in law. They do not include the accounts of church groups that owe theSr main afflliaiion
to another body nor those that are informal gatheFings of Church members.
Ca5hflow Statement
The Ch81ity has taken advantage of the exemption in FRS102 frorn the requirement to produce a cashflow statement on the grounds
that the income does not exceed £500,OCKJ.
Going Concern
There are no material uncertaintie5 that relate to events or ¢onditlons that cast Significant doubt on the charitvs abilityto continue
as a going concern.
Accounting Estlmates and Prlor Year Error5
No chan8e5 to accounting estimates have occurred In the reporting period. No rnaterial prior year errors have been identlfied In
the reporting period
De5¢riptlon of Funds
Unrestricted funds are income funds of the PCC that are available for spending on the general purpose5 of the PCC. including
amount5 designated by the PCC for fixed assets for Its own use or for spending on a futsjre project and whlch are therefore not
included in it5 "free reserves as disclosed in the trustees. annual report.
An explanation of purpose of each Designated fund is a5 follows..
Name of fund
Purpose
BOILER- D- Boiler Designated Fund
Hall Church Hall (The Hub) Designated
RES- Reserve Designated Fund
ROOF-D- Roof, West Wall & Repairs Designated
New Boiler
The Hub- Transferred to pcc bank in De¢ 2023
PCC Designated for Reserve at meeting on 07.06.21
Roof, West Wall & Repair5
Po9e 9

Restrlcted fund5 comprise of two elements :.
al income from trust5 or endowments which may be expended only on those restricted objects provided in the terms of the
trust or bequest
bl donations or grants received for a specific object or invited by the PCC for a specific objed. The funds rnay only be
expended on the specifi¢ object for which thèy were given. Any balance remaining unspent at the end of each year must
be carried forward a5 a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no
separate investment, interest 15 apportioned to individual funds on an average balance basis.
An explanation of purpose of eaeh Restricted fund is as follows-
Name of fund
Purpose
CYARD- Churchyard Restricted Fund
FABRIC- Fabric Restrlcted Fund
Churchyard Maintenance
For the upkeep and maintenance of the fabric of the church
Comrnunity Group Knit & Knatter
Roof, West Wall & Repairs
Tiddlers. foddlers & Friends Group
KNIT & NATtER - Knit & Natter
ROOF-R- Roof, West Wall & Repair5 Restricted
F- Tiddlers, Toddlers & Friends Restricted
Endowment funds are restricted funds that must be retained as trust capltal either permanently or subject to a discretionary powèr
to spend capital a5 Income, and where the use of any income or other benefit derived from the capital may be restricted or
unrestricted. Full details of all their restrictions are Shown in the notes to the accounts.
An explanation of purpose of each Endowment fund 15 a5 follows=
The PCC does not hold any Endowment Funds
Incoming Resourtès
Planned giving, collections and donations are re¢ognlsed when received or when the PCC becomes entitled to the resource and the
monetary value can be measured with sufficient reliability. Tax refunds are recognised when the Incoming resource to which they
relate is received. Grants and Legacies are accounted for when the PCC is legally entitled to the amounts due and the monetary
value can be measured with sufficient reliability. Dividends are accounted for when receivable. interest 15 aeerued. All other income
is recognised when It is receivable. All incoming resources are accounted for gross.
Resourtes Expended
Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation
on the PCC. The diocesan parish share is accounted for when due. Amount5 received specifically for mission are dealt with as
restricted fund5. All other expenditure is generally recognised when it is incurred and is accounted for gross.
Governance and Support C05tS
Support costs should be allocated between governance costs and other support. Governance cost5 comprise all costs involving
public accountabi15ty of the PCC and its compliance with regulation and good practice.
Support costs include central function5 and have been allocated to activity cost categories on è basis consistent with the use of
resources eg by allocating staff costs by time spent and other cost5 by their usage.
Fixed Assets
Conse¢rated and benefice property is not included in the accounts by s.1012llal&lCI of the Charities Act 2011.
Moveable church furnishings held by the Vic3r and Churchwarden5 on special trust *or the PCC and which require a faculty for
disposal are inalienable property, listed in the Church's inventory, which ¢an be inspected lat any reasonable timel. For anything
acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial
statements.
Puge 10

Investments
Investment5 in quoted shares, traded bonds and similar investments are valued initially at cost and subsequently at market value at
the year end. Investrnents held for re-sale are treated as current asset Investments.
Debtors
Debtors are measured on inltial recognltion at settlement amount. Subsequently they are measured as ¢a5h expected to be
received.
Credltor5 and Accruals
Creditors are measuied at settlement amounts less any trade discounts. Accruals are measured on best estimate of the amount
requlred to settle the obligation at the reportlng date.
Puge 11

The Pan'sh o
Jvewch
elstjumes
e¢7r endin
2024
Statement of Financial Artlvities 2024
Unrestricted Designated Restricted Endowment
funds
funds
funds
fund5
2024 2023
Re￿IPtS
DonatlOn5 and leÉacles
Income from charitable activities
Other trading activitie5
Investment5
Other income
Total in¢omÈ
49,623
1,910
1,632
1,582
14,809
94
3,865
298
620
55,071 45.810
17,017 5.794
2,346 1.219
53,166
16,4185
4,781
74A33 52,823
Payments
R815ing fund5
Expenditure on chJritsble activities
Other expenditure
Total expenditure
1,403
49,263
236
14,956
1,639 1,255
64.441 48,275
222
50.666
15,192
222
66.080 49.529
Net Income / lexpertditurel Testsur￿s before transfer
2,500
1,293
4,561
8,353 3,293
Transfers
Gross transfers between fund5- in
Gross tran5fer5 between funds- Out
Other recognised Gains Ilosses
Gainsllosse5 on investment asset5
Gains on rev31uation, fixed assets, charity's own use
Net movement In funds
300
13,3001
2,400
1,3
17001
4.000 12,085
14.0001 112,0851
10.0
8.353 13.293
3,693
5.161
Reconciliation of funds
Total ftsnds brought fonward
18,380
26,370
9,404
54,154 40,861
Total funds Carrled lorward
17,880
30.063
14.564
62.507 54.154
Puge 12

C1355 wde
08styiPtiD
31112lz024
5111212D2J
Qwrent assets
054Z6197
6590
NatwestOJrreM account
Cash Inhaiid
T3xre[￿erab1e at%￿arend
AccounES Rec*vable
Totai (W￿rn
2.675
53.09P
LOS4
Z05
$4,1SL
LiabHilk5
L[￿Fr￿lmon Fund- CuirentYe?r
FUT￿ aFtebts
Common Fulld CunEni Ye4r
A￿rL￿d eAPÈDditure
Treditor5 atVeal￿
AEentYGO]le(tiorr5
AC(wTr￿ Pa¥a￿e
6610
G611
6650
6655
6699
Z04
NetAssetsLrylus IdRlltTtI
62,507
S4J54
fteSEfvEJ
£￿2551￿dEr1clLi iodate
Startin8 b3lan¢e5
Gain5111055esl onre¥èl gfiixed assets
TtsTal Ros4Ne5
Rewesented ty Funds
General Iufir@5triG￿
8.353
54.154
51,929
zoi
Z03
io.(
54.1S4
62.5D7
17.88Q
3D.053
14ts64
s2.5￿}
14380
26.370
9A0¢
RE5tiitted
Totsl
pproved by the PCC on 24.03.2025 and slgned on behélf by..
rc
GKr
Poge13

Balance Sheet 2023
A5at
3111212023
Asat
3111212022
Class and code
Description
Current assèts
6501
6590
6600
Z05
Natwe5t current account
Cash in hand
Tax recoverable at year end
Accounts Receivable
Total Current a55ets
53,097
40,965
62
1.660
1,054
54,151
42.686
6650
6655
6699
Z04
Accrued expenditure
Creditors at year end
Agency collections
Accounts Payable
Total Liabilities
840
160
826
1,826
Net Asset surplus Idèficltl
54,154
40,861
Puge 14

Analy515 0* income and expenditure 2024
UnrestTlCted
Desjgnated
Restricted Endowfflent 2024 2023
RECEIPTS
Donation5 and legacies
0101- Giving via standing older wlth Gift Aid
0105 Giving via Givin8 Direct
0110- Glft Aid Giving via envelope scheme
0201- Other planned giving
0301 Givlngviè cash on collection plate
0303- Contactless
0410- Giving through church boxes
0501- One-off Gift Aid glfts
0550- Donations appe815 etc
0601- Tax recoverabl& on Gift Aid
0701- Legacies
08AI- Non-recurrlng one-off grants
Donations and legacies Tota15
16.739
497
10,173
7,668
3,422
80
16.739 14.315
497
464
10.173 S,860
7,668
14.112
3.422
3.207
80
84
8,395 834
5,796 5,932
2,000 I,OOD
300
55,071 45,810
2,948
5,796
2,000
300
49.623
1.582
3.865
1,582
3,865
Income from charltable activities
0556- Knit and Natter
0912- Cr4ft Fayres Gross Income
1101- Fee5 for weddings and funerals
1102- PCC LIKal Fees
1230- Hub Hire
Income from charitable attivitles Totals
350
870
1,534
1,338 3,118
792
572
L.338
298
14.809
14.809
14,809
17,017 5,794
1,910
298
Other trading activitie5
0901- orher funds generated
0910- Occa5Ion31 Events
1245- Catering Income
oiher trading actlvltles Totals
1.602
620
2.316
403
816
1.219
30
1,632
30
2.346
620
Re¢elpts Grand totsls
53,166
16.485
4.783
74,433 52,823
Page 15

PAYMENTS
Ilaising fund5
1720- Costs of stewardship campaign
1725- Catering Expenditure
1730- Costs of fetes & other events
1740- Bank Charges
Raising funds Totals
56
1,162
1.493 38
146
1,639 1255
1,393
li
loo
136
236
IA03
Expenditure on charilable artivities
1801- Givingto rnissionary societies
1860- Donation to Hub
1910- Common Fund
1911- P8rlsh Share Spec181 Assessment
2001 Assistant staff costs
2002- Hub Cleaner
2101- Workin8 expenses of Incumbent
2150- Vi¢ar'5 telephone and internet
2201- Parlsh training and misslon
2301 Church runnin8- insurance
2310- Church office- telephone
2311- Licences & Subscriptions
2330- Church maintenance
2331- Cleaning
2340- Upkeep of 5ervice5
2350- Upkeep ol Churchyard
2360 Administration
2401 Church running- electric
2410 Church running- gas
2420- Church running- water
2440- Church running- heating and lightin8
2550- The Hub- Insurance
2560-The Hub- Maintenznce
2561-The Hub- Car Park Payrnents
2570-The Hub-Telephone
2580-The Hub- Water
2590- The Hub- Heating & Lighting
2620- Book Keeping Costs
2701- Church major repairs- Structure
2840. oiher PCC properyy upkeep
Expendituro on ¢haritable activitles Totals
754
40
794
4,672
570
38,588 59,315
122,5651
38,588
3,214
291
3,214
291
652
478
181
141
2,018
61
181
141
2,018
61
1,997
337
164
39
34
554
783
489
952
167
1,475
76
1.437
80
2,366
1,475
123
1.437
302
3,289
47
222
923
1.842
1,842
1,407
3,047
900
121
278
4,929
1.407
3,038
900
121
209
4,766
69
162
475
18401
49,263
14.956
222
64.441 48,275
P?yments Grand totals
50,666
15,192
222
66,080 49,529
Poge 16

Fund movement by type 2024
Fund
BOILER- D
Designated
Sub-tota15
Opening
Ineoming
Outgoing
Transfers
GainslLtssses
Journals
C105ing
loo
loo
loo
CYARD
Restricted
Sub-totals
1,000
1,000
222
222
778
778
FABRIC
Restricted
Sub-totals
3,290
3,290
3,290
3.290
HARD
Designated
Sub-totals
40
40
1401
1401
Hub
Designated
Sub.tot31s
10,000
10,000
15,248
15.248
15,152
15.152
2,300
2,300
12,396
12,396
RE5
Designated
Sub-totals
10,500
10.500
10,500
10,500
ROOF-D
Designated
Sub-totsls
5,8?0
5,870
1,237
1,237
7,107
7.107
ROOF-R
Restricted
su￿totals
4,902
4,902
3,865
3,B65
1.300
1.300
10,067
10,067
TtF
Restricted
Sub-totals
212
212
620
620
17001
17001
132
132
General
Unre5tritted
Sub-tora15
18,380
18,380
53,166
53.166
50,666
50,666
13,0001
13,0001
17,880
17,880
None
Re5trKted
Sub-totals
298
298
298
298
Totals
54,154
74,433
66.080
62,507
PG¢ge 17

Fund movement by type 2023
Fund
Opening
Incoming
Outgoing
Transfers
GainslL0s5es
journals
C105in
BOILER- D
Designated
5.085
5.085
15.0851
15,0851
sub-totals
CYARD
Restricted
244
244
1,000
1,000
244
244
1,000
1,000
Sub-totals
FABRIC
Restricted
3.290
3,290
3,290
3,290
Sub-totals
Hall
Designated
10,000
10,000
10,000
10,000.
sub-totals.
KNIT& NATfER
Restricted
350
350
350
350
Sub-totals
RES
Designated
7.000
7,000
3,500
3.500
10,500
10,500
Sub-totals
ROOF-D
Designated
785
785
5,085
5.085
5.870
5,870
Sub-totals
ROOF-R
Restricted
3,988
3,988
74
74
18401
18401
4,902
4,902
Sub-totals
Restricted
412
412
200
200
212
212
Sub-totals
General
Unrestricted
20,469
20,469
50,987
50,987
49,576
49.576
13,5001
13,5001
18,380
18,380
Sub-totals
Totals
40,861
52,823
49.529
10,000
54,154
Pt7ge 18

Staff Costs
The PCC did not have any employees in the previous or current year
There were no employee benefits to key rnanagement personnel in the previous or current year.
The PCC did pay one trustee Judith Nicholson-Goold as a booking administrator for the Hub £2,912 20241£1,709 20231. Any
discussions held regarding the rate of payment take place without Judith Nicholson-Goold or Simon Nlcholson prèsent.
Trustees, Remuneration & Ex
en5es
One Trustee has been reimbursed £1811£1,130 20231 lor travel and phone expenses during the year
Related Parties
Donations from related parties113 PCC membersl totalled £12,666 [£9,931 20231.
Fees for the examinatlon of the accounts
2024
2023
Independent Examiner's
fees
150
150
Other fees- Bookkeeping
Total
700
850
475
625
Anal
is of Transfer between F nds 2024
There were no transfers in 2024.
Anal sis of Transfer between Fund$ 2023
Debi(
redit
Descri
ion
Futtd
Fund
4 SOO.00
Frorn General t Conbn
S&neral ia Contin
From General io Contift
General ￿ Conti
2023 bud et
2023 bud et
INCORRECILY TRANSFER TO BOILER D
TrF FROM GEN TO ROOF D
INCORRECTLY TRANSFER TO BOILER DES
TRF FROM GEN TO ROOF DE5
IPKORRECTLY TRANSFER TO BOILER OE5
TrF GENTO RESERVE DES
enc
co
Des
4 $00.00
enc
Gèneral
Un<
CONT
4 500.00
nc
6eDer
General
Unr
3 500.00
Unr
3 $00.00
801LER-D
s 000.00
SOI￿R-0
5 DOO.00
ROOF-D
85
BOILER-D
ROOF-O
Des
85
B05LER- D
RES
3.500.00
Po9e 19

Fixed A55ets
The PCC does not hold any Tangible Fixed Assets
Liabilitie5 due within one year
2024
2023
en
Other Creditors
168
131
Total
168
131
Summary of A55ets by Fund 2024
Rèpresented by
General (Unrestricted)
Designated- BOILER- D
Designated - HARDSH
Designated - RES
Designated - ROOF-D
Restrlcted- CYARD
Restricted - AGEN
Restricted - FABRIC
Restricted - ROOF-R
Restricted- ThF
17,880
17,880
loo
1401
10,500
7,107
778
298
3,290
10.067
132
62,507
18,380
loo
1401
10,500
7,107
10.500
5.870
1,000
778
298
3,290
10,067
132
14,564
3,290
4.902
212
54,154
Total
17,880
30,063
Summary of Assets by Fund 2023
Represented by
General Iunrestrictedl
Designated- BOILER- D
Designated- Hall
Designated- RES
Designated- ROOF-D
Restricted- CYARD
Restricted- FABRIC
Re5tricted- ROOF-R
Restricted- ThF
18.380
18,380
20,469
5,085
10,000
10,500
5,870
10,000
10,500
5,870
1,000
3,290
4.902
212
7,000
785
244
3.290
3,988
I,(x)o
3.290
4,902
212
9A04
Total
18,380
26,370
54,154
40.861
Poge 20

Income & Expenditure Comparatives
Previous Year 2023
Statement of Financial Activities 2023
Unrestrlcted Designated Restrictèd Endowment
funds
funds
funds
fund5
Total Prior year
funds total funds
Income and endowment5 from..
Donations and legacies
Income from charltable activities
Other trading activities
Investments
Other income
Total income
44.324
5.444
1,219
1,486
350
45,810
5,794
1,219
52.380
5,555
1,461
50,987
1,836
52,823
59,396
Expenditure on-
Raising funds
Expenditure on charStable activities
Other expenditure
Totsl expenditure
1,255
48.321
1,255
48.275
799
56.205
1461
49.576
1461
49,529
57.004
Net intome / lexpenditurel resources before transfer
1.411
1,882
3,293
2,392
Transfers
Gloss transfers between funds- in
Gross tran5fer5 between funds- out
Other reco8nised gains I losses
Gains/losses on investment assets
Gain5 on revaluation, fixed assets. charity's own use
Net movement in funds
12.085
18.5851
12.085
9,679
112,0851 19,6791
13,5001
10,000
13.500
10,000
13.293
12.0891
1,882
2,392
Reconcillatlon of funds
Total funds brought forward
20.469
12.870
7,522
40.861
38,469
Total funds carried fO￿ard
18,380
26,370
9,404
54,154
40,861
Page 21