## **St JAMES CHURCH SUTTON TREASURER’S REPORT FOR ACCOUNTS 2024** The accounts for 2024 have been approved by the Independent Examiner and are now being submitted to the PCC Meeting for adoption prior to being submitted to the APGM. The main change this year has been the fruition of our vision to be a stand alone parish. From July we welcomed our very own vicar, Rev. Anna Cerval-Pena. The impact has meant we have paid the full Parish Share from July and all costs related to Vicar and Vicarage expenses. ## **2024 Projects** There were a number of ambitious projects completed this year: ## **Stained Glass Window** The Stained Glass window cost £18,908.64 This was paid through Gift Day donations from 2022 and 2023 Special Effort Funds and John Campbell Kelly’s Legacy. ## **Joint Working Party – Graveyard Project** There was a shortfall for this project of £2,631.72 which was met by the Three Villages Community Action Group (CIC). Many thanks go to Tony Greenham and Anna Cerval-Pena for all their hard work and dedication in finding funds to complete this project without incurring costs to the church. ## **Quiet Area** This project was funded by Halcyon Days and RWHA. Many thanks go to Anna Cerval-Pena for sourcing funding to bring this visionary project to fruition without impacting on church funds. The attached sheets show the Church Accounts for our full Financial Year, January to December, 2024. ## **INCOME and EXPENDITURE** ## **Church Accounts** Income has fallen this year: Regular Giving of £33,737.20 has declined despite payments through BACs and SUM UP (2023 = £45,636.63: 2022 = £45,191). The non Investment Income has also fallen this year £48,176.24 (2023 = £63,167.91: 2022=£51,440.43) Therefore the total income, including investments, has also fallen: £52,196.41 (2023 =£67,428: 2022= £55,990) Wildboarclough repaid £2,000 from the £10,000 loan. £4,000 remains outstanding. ## **EXPENDITURE** In 2024 the total non annual expenditure has risen: £77,129.56 (2023 = £72,539.75: 2022 = £71,927.93) The total expenditure, including non-annual expenses, has therefore also risen: £96,587.12 (2023 = £90,276.68: 2022 = £74,196.09) Giving an overall Deficit of £44,390.71 (Deficit 2023 =£24,848.34) ## **Ring Fenced Monies within the Church Accounts:** The Flower Fund stands at £600. Choir Fund = £4,681.56 Trustees = £1,651.20 Youth Fund = £521.29 Quiet Area surplus = £1,596.29 Sommerville Memorial: = £4,000 Handbell Ringers moved their account to the main Church Accounts. Their account stands at £181. At Christmas the Handbell Ringers raised an amazing £863.36 for East Cheshire Hospice ## **Hall Accounts** Income of £16,654.05 Expenditure £16,495.36 (included within this amount is the final instalment of the build project £5,924.40) Overall there was a surplus of £158.69 ## **Special Efforts** Sunday Coffee and Thursday Place fund raised £1718.60 ## **Charities** |**Over the year we have supported many**
**charities including:**|Samaritans Macclesfield £100| |---|---| |The Children’s Society£131.30|Church Mission Society£200| |Red Cross £80.10|LangleyLunch Club £210| |Chester Church FamilyTrust £118|East Cheshire Hospice £200| |Just DropIn £200|CAB £200| |Link to Hope(Shoeboxes)£150|Hope 4Justice £200| ## **SUMMARY** Our Balance Sheet shows our overall position. Our deficit stands at £44,390.71 We still have a credit balance of £111,544.93 but this has fallen from £149,104. As income falls and expenditure rises we are increasingly relying on our investments and this position is not sustainable. We seriously need to find more ways to raise income and cut costs. Our funds could be exhausted by the end of 2026 if we do not build our income, preserve our investments and reduce costs. This is something the PCC will be looking at and we would welcome ideas from anyone else. Thanks: I would not have been able to keep the accounts without the support of: 1. Ruth Easterbrook as Deputy Treasurer 2. David Potts and the Church Wardens for counting and recording the collections and Envelope Giving. 3. Kath Birtwistle and Gill Dinnis for supporting David 4. Peter Lawrence for deputising for David and for recording utility readings 5. Pam Herring for recording and banking the church hall lettings 6. The Church Wardens and Sandra Moss for recording visiting clergy and organist invoices 7. Robert Sinclair-Smith as our Independent Examiner Janet Mott Hon Treasurer March 2025 ## _Parish of St. James, Sutton_ ## **Church Account** ## **INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDING** ## **31 December 2024** |_2023_
£
**INCOME**|2024|2024|2024||| |---|---|---|---|---|---| ||Unrestricted||Rest|ricted|Total| |Codes
Regular Giving by S/Order (incl Gift Aiding Friends)
1
Envelope Scheme
2
Tax recovered (Gift Aid, including GASDS )
3
Collections at Services (cash)
43
Total
DBF & retired clergy fees for Weddings Funerals etc
54
less paid to DBF & retired clergy
154
Unclassified receipts (none this year)
57
Wallsafe & Pennies Jar (including sales of St James History)
4
In Memoriam Donations
5
Other Donations including donations from funerals & baptisms
6
Flower Fund
40 41
117
Net surplus on Flower Fund (deficit if negative)
38
less paid out to bellringers
115
Church Fees from services etc
Weddings
8
Funerals
9
Monuments
10
48-50
less paid out to them
158-60
**Total Non-Investment Income**
Bank & Other Interest
Restricted Funds
19
General Funds
20
Investment Income & Rent
22
**TOTAL INCOME**
**EXPENDITURE**
The Ministry
101
Fees to Clergy for Sunday & Thursday services)
157
Housing (Council Tax, Water, Repairs, Maintenance)
102
Clergy & other Conferences
104
Bellringers Fees etc_(paid out to them Code 115 below)_
Organist Verger & Sexton fees for weddings & funerals
Parish Share_49,350.60 Curate Housing (Jan – July) 2,458.52_|18,152.66
4,071.20
8,516.98
2,996.36
33,737.20
3,706.50
-3,706.50
0.00
0.00
12.90
45.00
5,887.74
39,682.84
600.00
0.00
600.00
300.00
-300.00
0.00
330.00
6,660.40
903.00
7,893.40
2,735.00
-2,735.00
0.00
48,176.24
0.00
696.56
3,323.61
4,020.17
52,196.41
51,809.12
311.20
52,120.32
3,663.56
0.00|||0.00|52,196.41| ||48,176.24
0.00
696.56
3,323.61
4,020.17
52,196.41
51,809.12
311.20
52,120.32
3,663.56
0.00||||| |||52,196.41||0.00|| ||||||| 000000Church 00000008/03/2025 000000Page 1 **----- Start of picture text -----**
Incumbent's Expenses 151-3 1,836.81
Motor,Office, + 155
Fees to Organists for Sunday services & practices 156 3,727.00
Handbell Ringers 116
Deanery Synod & Benefice expenditure 103 0.00 0.00
61,347.69
The Church, Services & Mission
Heat and Light incl Boiler Service 106 3,390.35
less Heat & Light charges for weddings & funerals 11 1,024.00
2,366.35
Insurance 107 3,572.60
Organ Tuning & Maintenance 108 0.00
Cleaning materials & sundries 109 0.00
Upkeep of Services 110 683.19
Minor Repairs & Renewals (incl clock service) 111 582.00
Miscellaneous 112 604.76
7,808.90
Churchyard
Contractor 120 5,530.00
Materials 121 83.06
Waste Disposal 122 2,378.20
Machinery Maintenance/Quiet Area 124 -1,596.29
JWP – Graveyard Project 125 0.00
Headstone Repairs, Plaques & Monuments 123 0.00
less cost of plaques & monuments recovered 52 0.00
0.00 6,394.97
Charitable Payments outside the Parish (excluding Special Efforts)
Overseas Church 146 150.00
Home Missions 147 928.00
Secular Charities 148 500.00
1,578.00
(Special Efforts now shown on separate sheet)
Total Normal annual Expenditure 77,129.56 0.00
Total Income as above 52,196.41
less normal annual expenditure as above 77,129.56
Net surplus (deficit) of normal income / expenditure to Funds & Activities -24,933.15
Non-annual expenses
Decoration – Stained Glass Window 134 18,908.64
Clock repairs 135 0.00
Building Repair / Maintenance / Alterations 136 0.00
Heating & Lighting equipment repair / replacement / improvement 137 0.00
Equipment purchases – interactive screens (offset by legacy) 138 548.92
19,457.56
19,457.56
TOTAL EXPENDITURE 96,587.12 0.00 96,587.12
Deficit including Non-annual Expenditure -44,390.71 0.00 -44,390.71
**----- End of picture text -----**
000000Church 00000008/03/2025 000000Page 2 _Parish of St. James, Sutton_ ## **Hall Account** ## **INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDING** ## **31 December 2024** **----- Start of picture text -----**
2022 2023
£ INCOME
Codes
Wellbeing Cafe 28 164.25
750 Yoga & Pilates (Monday) 29 8,641.00
1,247 Whist & Bridge 30 2,561.00
548 Hobnob Club 31 176.00
329 Parish Council 32 418.00
350 Women's Institute 33 382.00
2,823 Other Lettings 34 4,311.80
0 16,654.05
6,047 TOTAL INCOME 16,654.05
EXPENDITURE
0 Caretaker 127 0.00
1,546 Insurance 128 1,531.11
3,267 Heat and Light, & Water incl Boiler Service 129 5,335.73
2,494 Waste disposal & sundries 130 481.05
177 Minor Repairs & Renewals 131 145.70
2,888 Outside Cleaners 132 3,077.37
10,372 10,570.96
-4,326 Surplus (deficit if negative), excluding non-annual expenditure 6,083.09
0 Non-annual expenses
0
Balance retained deficit £200 from 2funerals in 202 139 0.00
0.00 0.00
0.00
114,158 Building Repair / Maintenance / Alterations 140 5,924.40
Boiler & oil tank repair / replacement 141 0.00
114,158 5,924.40
0.00
124,530 TOTAL EXPENDITURE 16,495.36
-118,483 Surplus to Summary of Funds and Activities 158.69
**----- End of picture text -----**
|_Parish of St. James, Sutton_|_Parish of St. James, Sutton_||||**Choir Account**|||0| |---|---|---|---|---|---|---|---|---| |0|||||0|0|0|0| |**INCOME**|**AND EXPENDITURE ACCOUNT FOR THE**||**YEAR ENDING**|||**31 December 2024**|30/12/1899|30/12/1899| |0|0|0|0|0|0|0|0|0| |0|0|0|0|0|0|0|0|0| |_2023_|_0_|_0_|_0_|_0_|_2024_|0|0|0| |£|0|0|0|0|0|0|0|0| |0|0|0|0|0|0|0|0|0| |0|**Balance at start of year**||0|0|4,345.56|0.00|0|0| |0|**0**|0|0|_Codes_||0.00|0.00|0|0| |---|---|---|---|---|---|---|---|---|---| |0|**INCOME**|||_36_||630.00|0.00|0|0| |0|**0**|||_0_||0.00|0.00|0|0| |0|**Deduct EXPENDITURE**|||_113_||294.00|0.00|0|0| |0|**0**||||0|0.00|0.00|0|0| |0|**NET INCOME**||||0|0.00|336.00|0|0| |0|**0**||||0|0.00|0.00|0|0| |0|**Balance at end of Year**||||0|0.00|336.00|0|0| ## _Parish of St. James, Sutton_ ## **BALANCE SHEET as at** ## **31 December 2024** ## **Current Assets** Balance at Natwest Bank Balance of the C B F Investment Account 14511.85 CBF Church of England Investment Fund Income Shares Balance of Petty Cash in Safe on Balance Sheet Date **Funds** General Unrestricted Funds Choir Fund Youth Club (dormant) Trustees (Patrons) of St James |Unrestricted
Funds
16,767.36
7,300.19
75,156.68
240.00|Restricted
Funds
0.00
12,080.70
0.00
0.00|Total
16,767.36
19,380.89
75,156.68
240.00|_2023_
_13,965_
_12,463_
_122,436_
_240_| |---|---|---|---| |99,464.23|12,080.70|111,544.93|_149,104_| |99,464.23
0.00
0.00|5,226.65
4,681.56
521.29
1,651.20|104,690.88
4,681.56
521.29
1,651.20|_141,537_
_4,346_
_521_
_2,701_| |99,464.23|12,080.70|111,544.93|_149,104_| Approved by the Parochial Church Council on February 2025 and signed on its behalf by: Rev. - Vicar Janet Mott - Hon Treasurer ........................................................... ........................................................... ## **Independent examiner's report on the accounts** ## **Section A Independent Examiner’s Report** **Report to the trustees/** Charity Name Sutton St James Parish Church **members of** **On accounts for the year** 31[st] December 2024. **Charity no ended (if any)** **Set out on pages** (remember to include the page numbers of additional sheets) I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2023. - **Responsibilities and** As the charity trustees of the Trust, you are responsible for the preparation **basis of report** of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect: - accounting records were not kept in accordance with section 130 of the Act or - the accounts do not accord with the accounting records I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. - _Please delete the words in the brackets if they do not apply._ **Signed:** Robert Sinclair Smith **Date:** 22/01/25 **Name:** Robert Sinclair Smith **Relevant professional qualification(s) or body (if any):** **Address:** Bollin House Main Road 1 **October 2018** **IER** Langley Macclesfield Cheshire SK11 0BU **Section B Disclosure** Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). **Give here brief details of any items that the examiner wishes to disclose** . 2 **October 2018** **IER** IER October 2018