PAGE E 

## **REVIEW OF CHURCH ACTIVITIES IN 2024 (with updates to 28[th] March, 2025)** 

The Annual Report for 2024 includes the whole of that calendar year and activities up to 28[th] March, 2025 with the report being approved by the PCC on 7[th] April, 2025 and is being presented to the Annual Parochial Church Meeting (APCM) today the 27[th] April, 2025. 

## **CHURCH SCHOOLS:** 

As part of our on-going commitment to our Church Schools, we continued to purchase sufficient **bibles to enable each child in year three, at both Howick and Cop Lane Schools** , **to have their own copy** to use for the remaining four years at their primary school and then to take with them when they move onto secondary education. Presentation of bibles to each school took place during the Autumn term. This continues to be very much appreciated by pupils, their parents and staff alike. 

**At Howick Primary school** , there had been unanimous approval for the change of status from a community school to a **voluntary aided status.** In effect very little changed as the school which has been in effect operating as church school for some time. During the course of the year the school has been granted **voluntary aided status** .  Some funding changes with the Diocese supporting more, but the main effect is that Foundation (church) Governors on the Governing Board now have a majority membership over all other governor’s status. **Cop Lane school has been a voluntary aided school for some time.** 

**At Cop Lane Primary School,** they had achieved a number of quality marks for excellence including the Bishops Silver Award.  Pupils form the Juniors that is Years 3- 6 have continued to visit church termly for a short “Ministry of The Word” service which had gone very well with both staff and pupils. In July, the school was subject to an Ofsted Inspection as the last Ofsted Inspection was many years ago when it was assessed as “ _Outstanding”._ 

Since then, the Government has changed the criteria to be used for their Ofsted Inspections. The former judgements of “ _Outstanding;” “Good;” “Requires Improvement”_ still remain but the bar to obtain _Outstanding_ and _Good_ has been moved upwards so in effect the previous gradings of “ _Outstanding”_ is now “ _Good”_ .  Likewise, a single word assessment covering all areas was introduced which subsequently is now being reconsidered due to public pressure. The school was given a” good _”_ grade which equated to the “ _outstanding”_ previous assessment. 

The SIAMS ( **S** tatutory Inspection of **A** nglican & **M** ethodist **S** chools) is not due until the academic year 2025/26 

As part of the community award, the school initiated a project between the school and the church parishioners whereby some parishioners knitted eight-inch squares.  In January, 2024, a few ladies from the parish who had knitted the squares, together with Jill Howe (a churchwarden and former teacher at Cop Lane) took all the knitted squares up to school where some of Year 6 pupils were given instructions and assistance in sewing up these squares making three blankets.  In February the Manager of the Foxton Centre in Preston where homeless persons reside, attended school and in accepting the blankets explained what the Charity does to support the homeless in Preston. 

David Thornton was appointed a Church Foundation Governor at both Howick and Cop Lane schools in the year of 2000 and decided to retire 

On 1[st] January, 2025 after 25 years’ service at both church schools.  His replacement at Cop Lane is David Tuke and at Howick Beryl Rhodes.  We wish them both well. 



## PAGE F 

## **VOLUNTEERS:** 

The Church Regulations require that any _“_ _**substantial voluntary help”**_ must be recorded in their Annual Report. There is a small group of active parishioners who give of their services in financial management, general maintenance and administration.  The Parish is very fortunate to have such people who are prepared to continue to give so much of their time and talents for the benefit of the Parish.  Our Vicar continues to say this publicly on all occasions.  We are required by the Church Regulations to state if any member of the PCC has received any payment for their services during the course of the year. We report that David and Rachel Tuke are members of the bellringing team and their fees are in accordance with those approved by the PCC.  Our organist Rhoda Martin is also paid in accordance with the approved RSCM rates for weddings, funerals and for the 10.15am service on Sundays. 

We do not have an appointed verger but when a wedding or funeral takes place, the Vicar asks if one of the churchwardens could act as a verger.  David Thornton and Jill Howe (Churchwardens) perform these duties but only infrequently and are the statutory fee in charged in each case.  This is not really defined as _**“substantial voluntary help”**_ because only a small fee is paid, but with the other substantial voluntary work each undertakes, it was felt this should be recorded in this report to demonstrate transparency. 

## **PARISH SHARE** 

**Parish Share** is a national scheme with each Diocese raising funds so they are able to pay the Vicar’s stipend and provide other diocesans services.  Dioceses’ use different formulas and the Blackburn one means that St Mary’s were required to ‘donate’ in 2023 the sum of £77,000.  In every year previously we have been able to pay in full the Parish Share. 

The Standing Committee (consisting of the Vicar, the three churchwardens, the treasurer and one lay member of the PCC) discussed the 2023 Parish Share amount.  The treasurer indicated that in 2023 **we would not be able to balance the books** particularly as the Quinquennial Inspection had identified that £55,000 worth of repairs would have to be spent to keep our Grade 2* building safe and secure.  We had insufficient reserves to be able to pay the full Parish Share.  The matter was discussed at the next full PCC meeting and the Council unanimously voted in favour of a resolution that we could only afford to pay the Vicar Stipend. This resolution was sent to the Diocese. 

After some considerable time, the Standing Committee were able to meet face to face with the Archdeacon of Blackburn, the Diocesan Finance Officer and the Chairman of the Diocesan Board of Finance (DBF). We were able to put our case providing figures and evidence to support our application. The Diocesan representatives then retired and, on their return, they put the following compromise solution. “ **For the two years (2023 and 2024) our Parish Share would be reduced to £62,000 (a reduction of £15,000) that is £30K support by the DBF over the 2 years. In addition. if our revised Parish Share was met for 3yrs, the arrears would be written off depending upon the amount of reserves held”.** 

Subsequently the Standing Committee met and recommended acceptance by the full PCC which was unanimously approved and this is reflected in our accounts for 2024.  However, we have now been informed that in **2025 our Parish Share will rise to £82,000!!** 



PAGE G **PARISH FINANCES** : 

The Statement of Financial Practice (SOFP) 2015 and the subsequent changes to the Church Accounting Practices dictate how our accounts have to be prepared. 

David Tuke is our treasurer, who has financial skills and he has prepared the accounts using specifically designed computer software for church accounting procedures and we have been able to show a true comparison with activity in 2023 alongside 2024. 

The accounts, balance sheet and notes to the accounts forming part of the annual report are shown on pages 1 -10 including the Independent Examiners certificate giving us a clear bill of health (see page 11).  These will be explained by our treasurer with a PowerPoint presentation at our Annual Parochial Church Meeting (APCM) scheduled to take place in church about 11.30am on Sunday 27[th] April, 2025 after the 10.15am service. 

The Church Regulations state that both the Annual Report and Accounts have to be approved by the PCC as they are the Trustees and this was done on 7[TH] April, 2024. They are later presented at the APCM with a treasurer’s power-point presentation for those present to receive and note.  Details are then forwarded electronically to both the Church of England Statistics Branch and the Diocese before the deadline date. 

## **DIOCESAN VISION 2026:** 

The Diocese have a Vision 2026 plan which will culminate in November next year when the Diocese will be celebrating its centenary as separate Diocese. Work has started on a vision statement and consultation on Vision 2033 with all Deanery Synods.  We are part of Leyland deanery and arrangements were made for St Mary’s to host a deanery meeting on Thursday 13[th] March, 2025 when the Diocesan Bishop, the Diocesan Director of Vision Delivery Carolyn Barton and the Archdeacon of Blackburn, Mark Ireland led a workshop to which all Clergy, Churchwardens and Parish Vision Champions of every parish in the deanery were invited to take part.  Further details will be reported on in next year’s Annual Report. 

## **ECUMENICAL MATTERS:** 

All eight churches in Penwortham form the Ecumenical Group known as _“_ _**Churches Together in Penwortham** ”_ : – two are Church of England (St. Leonard’s and ourselves), two are Methodist, two are Roman Catholic, one is the United Reform Church and the eighth is a free church which meets in Whitefield Road Primary School.  Each church reports events to South Ribble Borough Council’s (SRBC’s) Community Liaison Officer, the various events and services which happen during Advent and over Christmas who then produce and distribute a leaflet highlighting all these events in Penwortham. 

Member of our church are on the **“** _**Churches Together in Penwortham”**_ **and take an active role on this Group** with our Rachel Tuke being the Deputy moderator and Sue Vendy being the treasurer.  The group also arrange collections of food supplies from the various churches in Penwortham to stock up the towns Foodbank where goods are distributed every Friday. We are very grateful to Gillian and Adrian Carlton for collecting the goods donated which are collected in a box at the back of church and conveyed every week to the Foor Bank. Similarly, both **Penwortham Live 24 in May and Penwortham Gala** in June, 2024 with active involvement of St Mary’s at each event. We have registered our interest to do so again this year (2025) 

At Easter in 2024, it was our turn to arrange the Good Friday Walk of witness followed by a short service at church. The walk around the estate north of Liverpool Road including the shops on the main road was well attended by parishioners from all seven churches in Penwortham. 



## PAGE H 

In December, 2022 the North West Air Ambulance (NWAS) held, in our Church, their first Christmas Fayre and Carol Concert. They were very impressed with the facilities and the support from the church officials.  It was open to the public at large and the church was packed.  Some of the money raised was donated to the parish.  Such was the success of this event, NWAS were eager to hold a similar event in December 2023 with even more stalls.  Again, it was a rousing success and NWAS decided to make this an annual event in our church. In December, 2024 the event took place again which proved a large attraction for people all over the north west. The bonus was that a donation to church funds was made. 

All these events raised the church profile and enhanced the links between the church schools, the Penwortham community and the public at large and the church. 

## **CHILDREN / VULNERABLE ADULT PROTECTION & SAFE FROM HARM POLICY:** 

## **PARISH SAFEGUARDING OFFICER & DBS ADMINISTRATOR – GILLIAN CARLTON reports: -** 

Under Church Representation Rules we are required to make a statement to the Annual Meeting which is as follows _“That the PCC has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have due regard to House of Bishops' guidance on safeguarding children and vulnerable adults)”._ Since taking office on 14th January, 2025, I have not been made aware of any safeguarding issues taking place in St Marys during 2024. I am not aware of any safeguarding issues presently at St Marys. 

Since January 2025, members of the PCC, as Charity Trustees, have been undergoing Safeguarding Training, as this is something which needs to be refreshed every 3 years and had become due. Much of the training has been completed successfully, with just a few outstanding courses to be completed. I have been working to update the Diocesan Safeguarding Dashboard and Hub which keeps track of our activities. We are still on Level 1, but hope to progress to Level 2 soon. 

In addition, the members of the PCC and others working with children/young people/vulnerable adults, are due to renew their DBS checks. As DBS Administrator, I have now been accepted as Lead Recruiter and Rachel Tuke has been accepted as Deputy Recruiter, so the applications will commence shortly. 

All our Safeguarding Policies are reviewed annually and have recently been revised by the PCC. They are gradually being added to our website. We also have a Safeguarding Action Plan which will be regularly reviewed. **The mandatory notices** , **containing relevant contact details, are now displayed on our new freestanding Safeguarding Noticeboard which can be found at the back of church.** 

Safeguarding is an item on the agenda of every PCC meeting 

. 

Please remember - **Safeguarding is everyone’s responsibility** – please be aware of anyone you might consider to be a vulnerable individual, adult or child, and do not hesitate to contact myself or the Vicar, if you have any concern whatsoever. After the APCM, members of the congregation will be given the opportunity to undertake some basic courses, so that, as a Parish, we become more aware and therefore a safer space for everyone. 



PAGE I 

**THE CHURCH BUILDING:** 

## **QUINQUENNIAL (every 5 years) INSPECTION:** 

Every five years a full report (quinquennial report) on the condition and fabric of our Grade II* listed church has to be carried out by a diocesan approved qualified architect who for us is Stephen Fish.  The Inspection report was received in 2023 and the cost of remedial work required to be undertaken was £55K.  This expense to maintain our Grade 2* listed building was the main reason why we had made representation to the Diocese for a reduction in our Parish Share. This remedial work has now been completed. 

## **THE 1956 ANNEX AT THE NORTH EAST PART OF THE CHURCH:** 

The money from the sale of Glebe land in 2017, upon which our former Church Hall on Cop Lane stood, was ring fenced to provide additional accommodation for community and church use. Considerable discussions and advice were sort on what sort of building we would want and just before COVID we were actively pursuing knocking down the 1956 extension and constructing a new purpose built two storey structure. With COVID everything came to a halt and in 2022 we started to have costings done but with the considerable increase in building costs and materials we quickly realized that we **couldn’t afford to fund this this** so we asked the architect to come up with **modified plans** which would enable us still to have all the facilities. 

The revised plan was to retain the 1956 extension **remodelling the upper floor** to incorporate a kitchen, disabled toilets and a meeting room large enough for some 15 people. **On the lower level** we would extend outwards so we could have a classroom size room as well as storage facilities and a Parish Office.  Stairs would link the two levels and following consultation with parishioners, a lift was added to the plan to make it more disable friendly.  The classroom would accommodate 30 pupils and two members of staff so children from both Cop Lane and Howick Schools could spend a full day covering various aspects of the school syllabus. This facility would be open to the community at large to use as well. 

The PCC agreed to this plan and the architect started to make all the arrangements including various surveys and consultation with pressure groups. 

Any plans have to be approved by the local authority South Ribble Borough Council (SRBC) and then by the Diocesan Advisory Committee (DAC) after a faculty to do the work had been submitted.  A faculty was completed which included a statement of needs and a statement of significance which was submitted to the DAC who then gave notice to all interested parties that the DAC would meet at our church on Thursday 28[th] March to listen to all representations made.  That meeting was held when our architect Stephen Fish explained the details of the plans and all had an opportunity to look outside as well to see the extent of the proposed modifications of the 1956 extension.  Suggestions to minor changes were taken on board and the modified drawings were re-submitted to the DAC.  However, the DAC Secretary stated that interested parties still had time to submit their observation until 8[th] April after which the DAC would write to inform us of the decision.  This will be reported at our APCM on Sunday 27[th] April, 2025. 

## **THE LONG-TERM EFFECT OF COVID ON THE RUNNING OF THE CHURCH** 

Our monthly Parish Magazine, from the April 2020 edition onwards, has been compiled as usual but not printed as volunteer distributors to the 300 plus households and other premises in Penwortham were not allowed under COVID restrictions BUT the Magazine has continued to be put on our church website and circulated by email to all 108 households who had authorised church matters to be sent by this method.  This was the first occasion in over 150 years that the Church Magazine has not been printed and delivered by hand. 



## PAGE J 

There was a nucleus of about eight or nine members of the congregation one or two of whom enhanced the Sunday service with their musical contribution particularly during and after the administration of the sacraments. Without the support of our organist Rhoda Martin this would not have happened.  The group known as the St Mary’s Singers have continued to thrive and now many of the congregational responses are now sung with the congregation now taking a more active part. 

COVID restrictions were gradually eased in 2022 with many of the legal requirements changed to advisory including the wearing of masks, the provision of hand sanitisers, social distancing and track and trace. This included the taking of the sacraments.  From Easter Sunday in 2023 both elements of bread and wine were offered but there was no requirement to take the wine if people were still concerned. The Vicar make this clear adding that by taking the bread only, they were fulfilling the requirement of taking the sacrament. 

Almost every parishioner involved in **young people’s ministry** continued to show reluctance to return to the youth work they were doing pre COVID. 

## **THE CHURCH GROUNDS SURROUNDING THE CHURCH ITSELF** 

**– (covering the church yard and Castle Hill [the site of an ancient Monument].)** 

## **THE CHURCHYARD (covering all three graveyards and Crow Wood)** 

The maintenance of the churchyard is the responsibility of the South Ribble Borough Council (SRBC) as we are a ‘Closed Churchyard’ and subject of ‘an order of the Privy Council’ back in the year 2000 which has been documented in most of the previous annual reports over the last years.  Therefore, only what has happened during the last year will now be included. 

Mention has been made previously of the embankment on the eastern side of the front graveyard running from the Lynchgate to just past the end of the chancel.  This embankment was examined and thought to be unstable and with a number of old graves near the edge of the embankment in the graveyard, they were liable to be exposed and/or slide down the crumbling embankment.  It was necessary that South Ribble Borough Council should take remedial action as it is legally their responsibility to maintain everything in the three graveyards around the church. 

South Ribble had to obtain a faculty from the Diocese which would include estimates for the work to be completed and a plan for the work to be undertaken which would possibly involve in re-interring the old graves until the work was completed.  This work was delayed by COVID and when estimates were obtained, the costs were far more expensive and the local Council had not budgeted such a large amount in the financial year 22/23 so the revised estimates were included in the 23/24 financial year. The faculty had been approved by the PCC and the application was approved by the DAC.  In January, 2025 some preparatory work was undertaken cutting down a tree and removing vegetation close to the railings alongside the lychgate on the embankment side. 

## **THE FUTURE:** 

The COVID pandemic may well be over for most of us but the ongoing effects have hit the church with delays and these have been exacerbated with the energy crisis and the considerable rise in building costs. Some parishioners are of the older generation have not returned to active worship but have joined us when we live stream the 10.15am service on Zoom. 


The Revd Chris Nelson – Vicar & PCC Chair 


David Thornton - PCC Secretary 

DJT/PCCSec/04.25 



Page 1 

## **PAROCHIAL CHURCH COUNCIL OF ST. MARY’S PENWORTHAM** 

## **STATEMENT OF FINANCIAL ACTIVITIES** 

## **YEAR ENDED 31[st] December 2024** 

|**YEAR ENDED 31st December 2024**||||||||
|---|---|---|---|---|---|---|---|
|||Unrestricted<br>Funds|Designated<br>Funds|Restricted<br>Funds|Endowment<br>Funds|Total<br>2024|Total<br>2023|
||Note|£|£|£|£|||
|**Incoming Resources**||||||||
|From Donors|2(a)|52,511|0|0|-|52,511|68,047|
|Other Voluntary|2(b)|43,160|0|178|-|43,338|2,205|
|Activities:-||||||||
|to further the Councils Objects|2(c)|8,856|0|360|-|9,216|8,067|
|togenerate Funds|2(d)|5,451|0|0|-|5,451|1,818|
|From Investments|2(e)|36,692|0|0|-|36,692|21,611|
|Other|2(f)|8,762|0|0|-|8,762|91,243|
|||||||||
|**Total Incoming Resources**||**155,431**|**0**|**538**|**-**|**155,969**|**192,991**|
|||||||||
|**Resources Expended**||||||||
|Grants|3(a)|595|0|0|-|595|966|
|Activities directly relating to the work<br>of the church|3(b)|124,296|0|600|-|124,896|93,455|
|Church Management and Admin|3(c)|1,104|0|0|-|1,104|3,362|
|Cost of GeneratingFunds|3(d)|74|0|0|-|74|178|
|Support Costs|3(e)|42|0|0|-|42|84|
|Other Resources Expended|3(f)|448|0|0|-|448|432|
|||||||||
|**Total Resources Expended**||**126,559**|**0**|**600**|-|**127,159**|**98,477**|
|||||||||
|**Net Incoming (Outgoing) Resources**<br>**before Transfers**||**28,872**|**0**|**-62**|**-**|**28,810**|**94,515**|
|||||||||
|**Transfers Between Funds**|9(a)|||||||
|Transfers Between Funds in||**0**|**0**|**-120**|**-**|**-120**|**0**|
|Transfers Between Funds out||**120**|**0**|**0**|**-**|**120**|**0**|
|||||||||
|**Net Incoming (Outgoing) Resources**||**28,992**|**0**|**-182**|**-**|**28,810**|**94,515**|
|||||||||
|Gains/(losses)on Investment Assets:-||||||||
|Realised||||||||
|Unrealised||||||||
|||||||||
|**Net Movement in Funds**||**28,992**|**0**|**-182**|**-**|**28,810**|**12,389**|
|||||||||
|Fund Balances B/F at 1 Jan||265,344|690,124|4,281|215|959,965|865,451|
|||||||||
|**Fund Balances C/F at 31 Dec**||**294,336**|**690,124**|**4,099**|**215**|**988,775**|**959,965**|



Page2 



## **PAROCHIAL CHURCH COUNCIL OF ST. MARY’S PENWORTHAM** 

## **BALANCE SHEET** 

## **YEAR ENDED 31[st] December 2024** 

|||||**2024**|**2023**|
|---|---|---|---|---|---|
||||NOTE|**£**|**£**|
|**FIXED ASSETS**||||||
|Investment Assets|||5(c)|**215**|**215**|
|House|||5(b)|**240,000**|**155,000**|
|**TOTAL FIXED ASSETS**||||**240,215**|**155,215**|
|||||||
|**CURRENT ASSETS**||||||
|Stock||||0|0|
|Debtors|||7|0||
|Short Term deposits||||||
|Current Account||||7,662|9,528|
|Deposit Account||||20,234|26,774|
|Development Account||||92|25|
|New BuildingAccount||||720,296|683,991|
|Cash in Hand||||100|100|
|Accounts Receivable||||2,887|2,566|
|**TOTAL CURRENT ASSETS**||||**751,270**|**722,984**|
|||||||
|**Liabilities(falling due within 1year)**|||8|2,711|3,235|
|||||||
|**NET CURRENT ASSETS**||||**748,560**|**719,749**|
|||||||
|**NET ASSETS**||||**988,775**|**874,964**|
|||||||
|||||||
|**FUNDS**|||6|||
|||||||
|UNRESTRICTED||||294,336|265,344|
|||||||
|DESIGNATED||||690,124|690,124|
|||||||
|RESTRICTED||||4,099|4,281|
|||||||
|ENDOWMENT||||215|215|
|||||||
|**TOTAL FUNDS**||||**988,775**|**959,965**|





PAGE 3 

## **NOTES TO THE FINANCIAL STAEMENTS** 

## **1. PENWORTHAM ST MARY’S PARISH ACCOUNTING POLICIES:** 

The financial statements have been prepared in accordance with the Church Accounting Regulations 1997 as amended by the Church Accounting (Amendment) Regulations 2001 together with applicable accounting Standards and the Charities Statement of Recommended Practice (SORP). 

The finical statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value. 

## **FUNDS:** 

Explanations of the various funds are shown on earlier pages of the Annual Reports and Statement of Accounts. The relevant pagers are marked P and Q. The amounts and details of each fund are show on Pages 1 and 2 which are the statutory accounting requirements. The funds are also explained in further detail in Note6 on page7 and Note 9 on pages 8 and 9. 

The accounts 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 or those that are informal gatherings of Church members. 

## **INCOMING RESOURCES:** 

- These are summarised on Page 1 and are explained in detail, where necessary, in Note2 on page 5. 

## _**Voluntary income and capital sources**_ 

- Collections are recognised when received by or on behalf of the PCC. 

- Planned giving receivable under Gift Aid is recognised only when received. 

- Income tax recoverable on Gift Aid donations is recognised when the income is received. 

- Grants and Legacies to the PCC are accountable as soon as the PCC is notified of its legal entitlement, the amount due is quantifiable and its ultimate receipt by the PCC is reasonably certain. 

- Funds raised by the fete, garden party and similar events are accounted for gross. 

- Sales of book and magazines from the church bookstall are accounted for gross. 

## 

## 

- Rental Income from the letting of church premises is recognised when the rental is due. 

## _**Income from Investments**_ 

- Dividends are accounted for when due and payable. Interest entitlements are accounted for as they accrue. Tax recoverable on such income is recognised in the same accounting year. 

## _**Gains and losses on Investments**_ 

- Realised gains or losses are recognised when investments are sold. 

- Unrealised gains or losses are accounted for on revaluation of investments at 31 December. 



Page 4 

## **NOTES TO THE FINANCIAL STATEMENTS (cont’d)** 

## **RESOURCES USED:** 

These are summarised on page 1 and explained in detail, where necessary, in note 3 on page 6. 

## _**Grants**_ 

- Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC. 

## _**Activities directly relating to the work of the Church**_ 

- The diocesan parish share is accounted for when paid. Any parish share unpaid at 31 December is provided for in these accounts as an operational (though not a legal) liability and is shown as a creditor in the Balance Sheet. 

## **FIXED ASSETS:** 

These are summarised on page 2 and explained in detail, where necessary, in Note 5a and Note 5b on page 7. 

## _**Consecrated property and moveable church furnishings**_ 

- Consecrated and beneficed property of any kind is excluded from the accounts by Section 96(2)(a) of the Charities Act 1993. 

- Moveable church furnishings held by the Vicar and Churchwardens on special trust for the PCC,  and which require a faculty for disposal, are accounted as inalienable property unless consecrated. They are listed in the church inventory which can be inspected (at any reasonable time). For inalienable property acquired prior to 2000 and there is insufficient cost information available, such assets are therefore not valued in the accounts. Items which are acquired after 1 January 2000 will be capitalized and depreciated in the accounts over their currently anticipated useful economic life (initially 10 years) on a straight line basis. 

- All expenditure incurred in the year on consecrated or beneficed buildings, individual items under £2,000 or on the repair of moveable church furnishings acquired before 1January 2000 is written off. 

## _**Other fixtures, fittings and office equipment**_ 

- Equipment used within the church premises is depreciated on a straight-line basis over 4 years. Individual items of equipment with a purchase price of £2,000 or less are written off when the asset is acquired. 

## _**Investments**_ 

- Investments are valued at market value at 31 December. (see note 5(b) on page 7). 

## **CURRENT ASSETS:** 

These are summarised on page 2 and explained in detail, where necessary in Note 7 on page 8. 

- Amounts owing to the PCC at 31 December in respect of fees, rents or other income are shown as debtors less provision for amounts that may prove uncollectible 

- Short term deposits include cash held on deposit either with the CBF church of England Funds or at the bank. 



Page 5 

## **PAROCHIAL CHURCH COUNCIL OF ST. MARY’S PENWORTHAM** 

## **NOTES TO THE FINANCIAL STATEMENTS (continued)** 

**YEAR ENDED 31[st] December 2024** 

|**YEAR ENDED 31**|**st December 2024**|||||||
|---|---|---|---|---|---|---|---|
|||**Unrestricted**<br>**Funds**|**Designated**<br>**Funds**|**Restricted**<br>**Funds**|**Endowment**<br>**Funds**|**Total**<br>**2024**|**Total**<br>**2023**|
|||**£**|**£**|**£**|**£**|**£**|**£**|
|**2**|**INCOMING RESOURCES**|||||||
|**2(a)**|**Incoming resources from donors**|||||||
||Plannedgiving:-|||||||
||StewardshipEnvelopes|41,506|-|-|-|41,506|46,762|
||Income Tax recoverable|7,242|-|-|-|7,242|15,778|
||Collections(Open Plate)all services|3,762|-|-|-|3,762|5,507|
||SundryDonations||-|0|-|0|0|
|||**52,511**|**0**|**0**|**0**|**52,511**|**68,047**|
|**2(b)**|**Other voluntary incoming resources**|||||||
||Donations,appeals etc|912|-|178|-|1,090|1,760|
||Legacies|42,248|-|-|-|42,248|445|
|||**43,160**|**0**|**178**|**0**|**43,338**|**2,205**|
|**2(c)**|**Income from operating activities to**<br>**further the Council's objects**|||||||
||Magazines & Bookstall,etc sales|0|-|-|-|0|0|
||Fees - Weddings & Funerals|8,856|-|360|-|9,216|8,067|
|||**8,856**|**0**|**360**|**0**|**9,216**|**8,067**|
|**2(d)**|**Income from operating activities to**<br>**generate funds**|||||||
||Magazine Advertising|0|-|-|-|0|0|
||Fetes, Bazaars & other fund raising<br>events|592|-|-|-|592|731|
||Bookstall sales - sundryitems|0|-|-|-|0|0|
||Miscellaneous|-|-|-|-|0|0|
||Vat Refunds|3,299|-|-|-|3,299|0|
||Church Letting|1,560|-|-|-|1,560|1,088|
|||**5,451**|**0**|**0**|**0**|**5,451**|**1,818**|
|**2(e)**|**Income from investments**|||||||
||Dividends|5|-|-|-|5|5|
||Bank Interest|36,687||-|-|36,687|21,606|
|||**36,692**|**0**|**0**|**0**|**36,692**|**21,611**|
|**2(f)**|**Other ordinary incoming resources**|||||||
||Miscellaneous|2,334|-|-|-|2,334|351|
||Insurance Claims||-|-|-|0||
||House Income|6,428|-|-|-|6,428|90,892|
|||**8,762**|**0**|**0**|**0**|**8,762**|**91,243**|
|**TOTAL**<br>**INCOMING**<br>**RESOURCES**||**155,431**|**0**|**538**|**0**|**155,969**|**192,991**|





## Page 6 

## **PAROCHIAL CHURCH COUNCIL OF ST. MARY’S PENWORTHAM** 

## **NOTES TO THE FINANCIAL STATEMENTS (continued) YEAR ENDED 31[st] December 2024** 

|**YEAR ENDED 31**|**st December 2024**|||||||
|---|---|---|---|---|---|---|---|
|||**Unrestricted**<br>**Funds**|**Designated**<br>**Funds**|**Restricted**<br>**Funds**|**Endowment**<br>**Funds**|**Total**<br>**2024**|**Total**<br>**2023**|
|||**£**|**£**|**£**|**£**|**£**|**£**|
|**3**|**RESOURCES EXPENDED**|||||||
|**3(a)**|**Grants**|||||||
||Missionary & charitable<br>giving|||||||
||Church overseas:-|-|-|-|-|0|0|
||Missionarysocieties|0|-|-|-|0|0|
||Relief & development<br>agencies|0|-|-|-|0|0|
||Home missions & other<br>Church Societies|585|-|-|-|585|12|
||Secular Charities|10|-|-|-|10|954|
|||**595**|**0**|**0**|**0**|**595**|**966**|
|**3(b)**|**Activities directly relating**<br>**to the work of the church**|||||||
||Ministry:-|||||||
||Parish Share|62,000|0|-|-|62,000|62,000|
||Assigned Fees/DBF||-|-|-|0||
||Clergyexpenses|2,270|-|-|-|2,270|910|
||Locum|126|-|-|-|126|80|
||Vicarage repairs||-|-|-|0||
||Vicarage - other costs|4,187|-|-|-|4,187|3,653|
||Church runningexpenses|14,498|-|-|-|14,498|14,454|
||Church Maintenance|184|-|-|-|184|959|
||Church Equipment|2,016|-||-|2,016|3,075|
||Upkeepof Services|2,018|-|330|-|2,348|1,891|
||Upkeepof churchyard|256|-|-|-|256|58|
||Parish Magazine &<br>bookstall||-|-|-|0||
||Refurbishment of Church<br>Buildings|33,537|||-|33,537|2,899|
||Salaries, wages, fees -<br>organists|3,204|-|-|-|3,204|3,326|
||Salaries, wages, fees - bell<br>ringers & choir||-|270|-|270|150|
||Miscellaneous|-|-|-|-|0|0|
|||**124,296**|**0**|**600**|**0**|**124,896**|**93,455**|
|**3(c)**|**Church management &**<br>**admin**|||||||
||Printing, stationery &<br>postage|1,104|-|-|-|1,104|1,059|
||Miscellaneous|0|-|-|-|0|0|
||Parish Office:-||||||0|
||Equipment & fittings||-|-|-|0|2,303|
|||**1,104**|**0**|**0**|**0**|**1,104**|**3,362**|
|**3(d)**|**Costs ofgenerating funds**|||||||
||Fetes, Bazaars & other<br>fund raisingevents|74|-|-|-|74|178|





||Stewardship giving<br>envelopes|0|-|-|-|0|0|
|---|---|---|---|---|---|---|---|
||Miscellaneous|0|-|-|-|0|0|
|||**74**|**0**|**0**|**0**|**74**|**178**|
|**3(e)**|**Support Costs**|||||||
||Junior Church|0|-|-|-|0|0|
||Youth|-|-|-|-|0|0|
||Child Protection|-|-|-|-|0|0|
||Miscellaneous|-|-|-|-|0|0|
||Bank Charges|42|-|-|-|42|84|
|||**42**|**0**|**0**|**0**|**42**|**84**|
|**3(f)**|**Other Resources**<br>**Expended**|||||||
||House Expenses|448|-|-|-|448|432|
|||**448**|**0**|**0**|**0**|**448**|**432**|
|**TOTAL**<br>**RESOURCES**<br>**EXPENDED**||**126,559**|**0**|**600**|**0**|**127,159**|**98,477**|



## **4 Staff Costs** 

Salaries, wages and fees 

|During the|year the PCC employed:|**2024**|**2023**|
|---|---|---|---|
|||**£**|**£**|
|a)|For the whole year – organists|3,204|3,326|



No payments were made for out of the pocket expenses to any PCC member, persons closely connected with them or any other related parties. During the year PCC member(s) David Thornton and Jill Howe received fees for acting as a verger at services. Rachel Tuke received fees for ringing at weddings. 

## **5 FIXED ASSETS FOR USE BY THE PCC** 

Tangible fixed assets: 

a) 177 Cop Lane which belongs to the PCC is included at a fixed asset The value in Nov 2023 was £240,000 

b) Central Board of Finance Shares £215 

## **6 ANALYSYS OF NET ASSETS BY FUND** 

|Investment Fixed Assets<br>Current Assets<br>Current Liabilities|Unrestricted<br>Funds<br>Designated<br>Funds<br>Restricted<br>Funds<br>Endowment<br>Funds<br>Total 2024<br>£<br>£<br>£<br>£<br>£<br>240,000<br>-<br>-<br>215<br>240,215<br>57,047<br>690,124<br>4,099<br>-<br>751,270<br>-2,711<br>-<br>-<br>-<br>-2,711|
|---|---|
||**294,336**<br>**690,124**<br>**4,099**<br>**215**<br>**988,775**|





Page 8 

## **PAROCHIAL CHURCH COUNCIL OF ST.  MARY’S PENWORTHAM** 

## **NOTES TO THE FINANCIAL STATEMENTS (continued)** 

## **YEAR ENDED 31[st] December 2024** 

|**7**<br>**Debtors**<br>**Debtors**<br>Income Tax Recoverable on Gift Aid<br>Debtors for Goods & Services<br>Prepayment and accrued income<br>Other Debtors<br>**8**<br>**Liabilities – amounts falling due within one year**<br>**Liabilities - Accounts falling due within one year**<br>Deferred income<br>Creditors for Utility and other costs<br>Accruals of utility and other costs|**2024**<br>**2023**<br>**£**<br>**£**<br>0<br>0<br>0<br>0<br>2,887<br>2,566<br>-<br>-|
|---|---|
||**2,887**<br>**2,566**|
||**2024**<br>**2023**<br>**£**<br>**£**<br>1,680<br>2,495<br>-<br>-<br>1,031<br>739|
||**2,711**<br>**3,234**|



## **9 Fund Details** 

## UNRESTRICTED FUNDS 

Unrestricted funds totalling **£294,336.22** are the unspent balance available for future use. 

## DESIGNATED FUNDS 

|Designated funds totalling**£690,123.92**comprise:-<br>i)<br>Unrestricted Legacies notified/received for proposed future spending on<br>the general refurbishment of the church buildings including the hall<br>ii)<br>Provision out of unrestricted funds towards proposed future spending on<br>the replacement Parish Office equipment<br>iii)<br>Funds for upkeep of Church buildings and new extension<br>RESTRICTED FUNDS<br>Restricted funds totalling**£4,099.45**comprise:-<br>Singleton Memorial Estate and other funds<br>Pastoral Care Team<br>Sundry amounts in respect of Easter Lilies, flowers, Memorial Garden, Bell<br>ropes, Disabled facilities, Church linen, Choir and Fox Street community<br>Younity<br>Charitable donation<br>Church yard maintenance|**£**<br>4,729<br>1,404<br>683,991<br>690,124<br>**£**<br>2,245<br>519<br>859<br>157<br>225<br>95<br>4,099|**£**<br>4,729<br>1,404<br>683,991<br>690,124<br>**£**<br>2,245<br>519<br>859<br>157<br>225<br>95<br>4,099|
|---|---|---|
||||
|||4,099|





Page 9 

## **PAROCHIAL CHURCH COUNCIL OF ST. MARY’S PENWORTHAM** 

## **NOTES TO THE FINANCIAL STATEMENTS (continued)** 

## **YEAR ENDED 31[st] December 2024** 

## ENDOWMENT FUND 

The Endowment Fund of **£215** is a permanent endowment of 132 Central Board of Finance shares and requires the income to be spent on the Chancel. 

## TRANSFER BETWEEN FUNDS 

Designated to General Funds **£0** 

Restricted to General Funds **£120** 

## **10 CERTAIN INDIVIDUAL ACCOUNT PERFORMANCES** 

**£** 

Magazine and Bookstall income exceeded costs by 0 

## **11 QUINQUENNIAL INSPECTION** 

The last quinquennial report on the Church was in 2023.