**THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE, DIOCESE OF CHELMSFORD (Charity Registration No. 1169955)** **ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024** ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE, DIOCESE OF CHELMSFORD** **(Charity Registration No. 1169955)** **ANNUAL REPORT AND FINANCIAL STATEMENT FOR THE YEAR ENDED 31ST DECEMBER 2024** ## **CONTENTS** |Page|1 - 3|Report of the Parochial Church Council| |---|---|---| ||4|Independent Examiner's Report| ||5|Statement of Financial Activities| ||6|Balance Sheet| ||7-18|Notes to the Accounts| Page 1 ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE,** ## **DIOCESE OF CHELMSFORD** **(Charity Registration No. 1169955)** ## **ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL** ## **FOR THE YEAR ENDED 31ST DECEMBER 2024** ## **REFERENCE AND ADMINISTRATIVE DETAILS** Meadgate Church is part of the benefice of St Mary the Virgin Great Baddow, Chelmsford and became a separate parish on 1 January 2016, obtaining charity registration on 31 October 2016. It is part of the Diocese of Chelmsford within the Church of England. |Charity Number:|1169955|| |---|---|---| |Principal Office:|The Orchards|| ||Meadgate Centre|| ||Chelmsford|| ||Essex|| ||CM2 7NS|| |Independent Examiner|Claire Bullen|| ||Taylor Viney & Marlow Ltd|| ||46-54 High Street|| ||Ingatestone|| ||Essex|| ||CM4 9DW|| |Bankers|Barclays Bank PLC|Metro Bank PLC| ||1 Churchill Place|1 Southampton Row| ||London|London| ||E14 5HP|WC1B 5HA| |PCC members who have served during 2024 are:||| |Team Rector|Rev. Canon Timothy Ball (Chairman)|| |Other Team Clergy|Rev. Andrew Brown|Rev. Philip Sheldrake| ||Rev. Canon Roger Matthews (until Jun 2024) Rev. Funmilayo Vaughan (until Sep 2024)|| |Elected Members|Martin Amundsen|Moira McQuiggan| ||David Belbin|Elizabeth Minnican (from 12 May 2024| ||Malcolm Burrell (Treasurer)|Angela Parker| ||Rosalind Coleridge (Church Warden)|Charlotte Parsons| ||Graham Delves|Luke Ridgwell (until 12 May 2024)| ||John Kennett|Richard Robinson (until 12 May| ||Denise Hom (Church Warden)|Jason Smart| ||Duncan McKenzie|Paul Smith| ||Elizabeth McKenzie|Locardia Takawira| ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** The church is governed by the Parochial Church Council Powers Measure (1956) as amended and by church representation rules. The church is a charity, registered with the Charity Commission. The method of appointment of PCC members is set out in Church Representation Rules. All Church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC. Page 2 ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE, DIOCESE OF CHELMSFORD** **(Charity Registration No. 1169955)** ## **ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL** ## **FOR THE YEAR ENDED 31ST DECEMBER 2024** ## **OBJECTIVES AND ACTIVITIES** Meadgate Church PCC has the responsibility of co-operating with the team rector, the Rev. Canon Timothy Ball, in promoting in the ecclesiastical parish the whole mission of the church, pastoral, evangelistic, social and ecumenical. It also has the maintenance responsibilities for the Church centre complexes at the Parade and the Orchards. ## Background information Meadgate Church was established as a daughter church to St Mary the Virgin, Great Baddow, in 1963 to serve the needs of the Meadgate district which comprises a mix of former council housing now run by Chelmer Housing Partnership, and a number of privately owned dwellings. The church started in the home of one of the founder members and quickly grew, such that a church was built as part of the Meadgate Parade. Following various extensions as the church grew an opportunity to take over the site of the former Meadgate Junior School was taken advantage of and in July 2014 the Church took a three year lease from Essex County Council on the site now known as The Orchards, where as well as running Sunday services we have opened a cafe with under 5s soft play area which is open 5 days a week in school terms, as well as making the rooms available for other agencies serving the needs of the Meadgate Community. The lease was extended in 2017 allowing for discussions and agreement in principal for the purchase of the site, which completed on 16 September 2020. ## Mission statement Called by Christ, Commited to Serve, Caring for our Community. ## **ACHIEVEMENTS, PERFORMANCE AND BACKGROUND INFORMATION** ## Church attendance There are 105 people registered on the Electoral Roll (2023: 111). Approximately 70 adults and 10 children attend the services each Sunday. ## Review of church council and church meeting business during the year. The PCC meets approximately every quarter with additional sub-committee meetings for mission, buildings and finance held when needed. Copies of the minutes are available to all church members on request after they have been signed and agreed by the PCC. ## **FINANCIAL REVIEW** Meadgate Church has once again witnessed the blessings and provision of God in respect of its finances. We started the year with a budgeted deficit of £5,238 for the General, Orchards Cafe, Community Garden and Junior Church / Youth Funds combined, and ended at break-even. However, this break-even figure included a transfer of £17,654 into the Reserve Fund, and so these combined Funds generated a surplus prior to the funds transfer significantly in excess of budget. It should be noted that the Church was unable to fill the vacant Youth Minister's position for the whole of 2024 and had a Youth Minister's salary been paid then there would have been a significant deficit, potentially in excess of the budgeted deficit. The General Fund ended the year with an unchanged balance of £33,327. Total income on ordinary unrestricted funds was £258,679 (2023: £294,185). Total unrestricted expenditure amounted to £232,585 (2023: £252,815). On the income side, giving by church members was down by around 5% compared to 2023, and Cafe income was virtually the same as 2023. It should be noted that the 2023 income included a one-off donation of £25,000 which was subsequently transferred into the restricted Reburbishment Fund. Expenditure was around 8% lower than 2023, largely as a result of not paying a youth minister's salary, lower utility bills and lower maintenance costs offset by higher Cafe running costs and the higher parish share. The Church continues to pay in full our Deanery Share (or Family Purse) contribution – this year £63,501 (2023: £58,771). Following the purchase of The Orchards in 2020, the Orchards Purchase Fund is now sitting at £471,470 (2023: £452,762), represented entirely by the net asset value of The Orchards. £2,487 was transferred out of this Fund into the Reserve Fund. The Orchards Refurbishment Fund ended the year at £26,637 (2023: £5,737), with £47,750 (2023: £45,805) having been spent on refurbishment works during 2024, these being primarily the refurbishment and expansion of the car park. The PCC gratefully acknowledges the receipt of the generous donations, mainly from church members, which facilitated theses works. The PCC is mindful that the entire roof of The Orchards will need to be replaced at some point over the course of the next few years, and plans are already underway to replace a stand-alone section in March 2025. The Community Assist Fund is now sitting at £2,147 (2023: £1,778). Page 3 THE P*ROCHi4L CHURCH COUPKL OF ThE ECCLESLiS￿￿ PNR15H OF GIIEAT Blo￿1. WI)QATE. ESE OF ¢HELIISFOAD (¢h4rtty RwJl¥trallon No. 1169955> F(* THE YEAR ENDED J1ST DECE￿R 2024 FWANCLIL REVEW IMnLI Tho Resarve FuTrd entted Ihe yearatt33.5r3l2￿ts.. E25.4321, trwslols r￿01th¢ Gwv81 F￿d. wdf(Dm the Cxth8rdts Purc*8Se Fund. A rffie4fpayment r4£12.or*J madetrom lh￿ Fund durng 2024 to rtthJt* thè ￿￿. SubJeL*to Ihe Rès*ye Fun¢J not bèing rnqUV8d Ic(get)afal pw$ kn 2025, the PCC mayd*SJ• ￿ u88 scffj• wal rfth• IthK• olllys F¥￿j lo mako a lu¥th•ronfroff b•n rBpaym•nt 4nd lorfThntt fvther retrrtJrt4thmenl %*Jrt5 ltytrthpwpDEe%. RESERVES POLfY The PCC Is ol the Chwty Commw gubknc4> of fvndi bekng lo a ltrvd awat8S to apwoxTh•tsty urn¥tshX6d payments, io ￿¥81 emergency 51JJ¥kffjs th* m•y Wise Inxn kne to time. The ol ￿Te*JIded l￿d% * the year trfsls £69.784. M that * ￿1)¢ a number Lrfy4V5 beforE tht ￿10$￿￿#*d fthds b￿ght 4) to Ihe r8cx)mmend8d levol. as RESPONSIBLifES OF THE pcc The Members ofthe PCC wa r8wnsllèfr*lhe a statWD￿ (* Baknu Sheolfw *ath yaar. depa￿￿ and ey4kned in the arK4wnl& 8aleguardkng the Chwth's As8ets and h￿c* iathg r8a80n** 51wJ6 Ay the dthdiJ¥ of Irwd brtath8s ￿ law and The Orthanjs Mèadgath C8ntre Mascals Way Chetrn M2 7NS Rosaknil Ccknhllle ILay Ch•rl 2025 Page 4 INDEPENDENT EXAMINER'S REPORT TO THE THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW. MEADGATE, DIOCESE OF CHELMSFORD This report on the Accounts of the PCC for the year ended 31 December 2024. which is set out on pages 1 to 18 indusfve. is in respect of an examination canigj out in accordance with the Church Accounting Regulations 2006 and Seclion 145 of the Charities Act 2011. Res ective res nsibilities of Tnjstees and Examiner As members of the PCC you are responsible for the preparation of Accounts,. you consider that the audit requirement of Regulation 3(3) of the Church Accounting Regulations 2006 and ￿lOn 144(2) of the Charities Act 2011 {the Act) does Tr)t apply. It is my reswnsibility to issue this report on ItK)se Accounts in accordance wth the temB of the Church AccountirMJ Regulatior6 2006 and Ihe Charities {AccL)unts a￿1 Reports) Regulations 2008. Basi5 of Inde ent Examiner's Re My examination was carri&a out in accordance with the General Directions given by the Charity Commission under Section 145(5)Ib) of the Act and to be found in the guldance from the CBF. That examination includes a review of the accounting records kept by the PCC and a comparison of the Accounts with those raeords. It also in¢ludes cons¢dering any unusual itéms or disclosures in th8 Accounts and seeking explanatlons from you as T￿￿te8S conceming any such matters. The procedures undertaken do not provide all the evidence that would be requir￿ in an audit, aThJ consequenlly I do nol express an a￿lt opinion on the view glven by the Accounts. Inde endent Examinerf$ Statement In accordance with my examination. no matler has come to my attention which gives me reasonable cause to believe thaL in any material ￿$pect, the requirements to keep accounting records in accordance with Section 130 of the 2011 Act.. aTh to prepare Accounts which accord wth the accounting records and to comply with the requirements of th8 ACL as also ¢Onts1n￿ In th8 Church Accounting R￿ulationS 2(MJ6 have not been met, or to which, in my opinion, attention strb)uld be drawn in order to enable a proper urKlerstanding of the Accounts lo be reached. 46-54 High Street Ingatestone Essex CM4 9DW Claire Bullen Independent Examiner Taylor Vlney & Marlow Ltd Chartered Accountants ..2025 Page 5. THE PAROCHIAL CHURCH COUNaL OF THE EcaESIASTICAL PARISH OF GREAT BADDOW, MEADGATE, DIOCESE OF CHELMSFORD (tharity Registration No. 1169955) STATEMENT OF FINANaAL AcrI￿nEs FOR THE YEAR ENDED 31ST DECEMBER 2024 Unrestrirted Funds Restrlcted Funds TOTAL FUNDS Notes 2024 2023 INCOME AND ENDOWMEMrs Voluntary Incorne 44,12,14. 17-19 139,990.34 76,242.72 216,233.06 193,525.25 Activities for Generatin8 Funds Investment Income Income from Church Activities Other Income 44,858.60 540.42 71,530.15 1,759.94 44,858.60 567.40 71,530.15 1,759.94 44,287.83 343.78 71,057.28 4,126.43 16,18 26.98 It>13,15 TOTAL INCOME 258 679.45 76 269.70 334 949.15 313 340.57 EXPENDITURE Church Actlvities Fund-raising Costs 232584.54 53,531.89 286,116.43 303,956.55 TOTAL EXPENDITURE 232 584.54 53 531.89 286 116.43 303 956.55 INCOME/ IEXPENDITUREI 26,094.91 22,737.81 48,832.72 9,384,02 Bought forward at l January 2024 Transfers Between Funds BALANCES AT31 DECEMBER 2024 60,558.16 16 869.07 458,499.83 16 869.07 498 106.71 519,057.99 509,673.97 567 890.71 519 057.99 Approved by the Parochial Church Council on OL7 KPRIL 2025 Church Officer Chw¢h Officer Treasurer Page 6. ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE, DIOCESE OF CHELMSFORD** **(Charity Registration No. 1169955)** ## **BALANCE SHEET AS AT 31ST DECEMBER 2024** |**2023**
Notes
**FIXED ASSETS**
662,080.29
**CURRENT ASSETS**
16,144.05
Debtors and Prepayments
47
21,583.38
508.38
Deposit Account
48
535.36
48,355.40
Current Account
49
80,010.30
2,407.07
Charge Cards
50, 51
2,276.35
95.00
Cash in hand: General Fund
95.00
20.69
Cash in hand: Junior Church / Youth
20.69
67,530.59
**CURRENT LIABILITIES**
1,235.05
Creditors and accrued expenses
53
8,099.92
6,406.25
Loans repayable within 12 months
45
8,875.81
202,911.59
Loans repayable beyond 12 months
45
181,734.93
210,552.89
**519,057.99**
**NET ASSETS / (LIABILITIES)**
**FUNDS**
**Unrestricted**
33,326.65
General Fund
**Designated**
-
Orchards Café Fund
0.00
-
Creative Hands Fund
-
-
Community Garden
364.77
20.69
Junior Church / Youth
372.66
1,778.40
Community Assist
2,146.81
25,432.42
Reserve
33,573.11
**Restricted**
-
Mission / Charities Fund
-
452,762.46
Orchards Purchase Fund
471,469.56
5,737.37
Orchards Refurbishment Fund
26,637.15
**519,057.99**
**TOTAL FUNDS**|104,521.08
198,710.66|**2024**
662,080.29
567,890.71
33,326.65
36,457.35
498,106.71
567,890.71| |---|---|---| Page 7. ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE, DIOCESE OF CHELMSFORD** **(Charity Registration No. 1169955)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024** ## **1. ACCOUNTING POLICIES** ## a) Basis of accounting The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with United Kingdom Generally Accepted Accounting Practice (FRS 102), and the Charities Act 2011 . ## b) Funds Restricted funds represent donations or fundraising income invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. Where funds received have been restricted for the purchase of fixed assets, the value of the specific object is transferred at the purchase date from the restricted fund to the general fund in the Statement of Financial Activities. General Funds represent funds of the church council that are not subject to any restrictions regarding their use and are available for application on the general purposes of the Church. Funds designated by the Church Council for a particular purpose are also unrestricted. - c) Income and Endowments All income and endowments are included in the statement of financial activities when the Church is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income: - Collections and planned giving receivable under covenant are recognised when received on behalf of the Church Council. - Tax refunds are recognised when the incoming resource to which they relate is received. - Funds raised from outreach activities and similar events are accounted for gross. - Grants and legacies to the Church Council are accounted for as soon as the Church Council is notified of its legal entitlement and the amount due. Grant income is matched to the period to which it relates. - Rental income from the letting of church premises is recognised when the rental is due. - Trading income is recognised when the goods have been sold. - Interest is recognised when received. d) Expenditure Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which is reported as part of the expenditure to which it relates: - Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of running fundraising events. - Church activities expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. - The costs of governance which include those costs associated with meeting the constitutional and statutory requirements of the charity and include the Independent Examination fees and costs linked to the strategic management of the charity are included as support costs for our charitable activities. Page 8. **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE, DIOCESE OF CHELMSFORD (Charity Registration No. 1169955)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024** ## **2. DETAILED STATEMENT OF FINANCIAL ACTIVITIES** |**Notes**
**INCOME**
Planned Giving
4
Income Tax Recovered (Planned Giving)
4
Collections
5
Non-Planned Giving
5
Donations
6
Income Tax Recovered (Non-Planned Giving)
5
Church Letting Income
7
Catering Income
8
Orchards Café
9
Sundry Income
10
Creative Hands
11
Community Garden
12
Youth Account
13
Community Assist
14
Parochial Fees
Bank Interest Received
16
Funds raised for Mission/Charities
17
Funds raised to purchase The Orchards
18
Funds raised for The Orchards Refurbishment
19
**Total Income**
**EXPENDITURE**
Clergy Expenses
20
Staff Costs
21
Training
22
Worship Costs
23
Premises Rental
24
Upkeep of church building/grounds
25
Catering
26
Administration
27
Junior Church / Youth
28
Orchards Café
29
Community Outreach
30
Sundry Costs
31
Creative Hands
32
Get Meadgate Gardening
33
Youth Account
34
Evangelism
35
Orchards Loan Interest
38
Community Assist
39
The Orchards Purchase
43
The Orchards Refurbishment
44
Team GB Shared Expenses
41
**Outside of Parish**
Parish Share
36
Mission/Charity Giving From the General Fund
37
Mission/Charity Giving From Special Appeals
42
Balances as at 1 January 2024
Surplus/(Deficit) for year
Transfers between Funds
**Balances as at 31 December 2024**|**General**
**Orchards**
**Creative**
**Community**
**Junior Church**
**Community**
**Reserve**
**Restricted**
**Total**
**Fund**
**Café**
**Hands**
**Garden**
**Youth**
**Assist**
**Funds**
**Unrestricted**
**Designated**
**Designated**
**Designated**
**Designated**
**Designated**
**Designated**
**Summary**

102,706.48
102,706.48
1.2
22,412.74
22,412.74
2.3
4,214.32
4,214.32

5,648.21
5,648.21

3,652.39
0.00
3,652.39
2.5
954.28
0.00
13,910.78
14,865.06

43,532.20
43,532.20

1,326.40
1,326.40

71,530.15
71,530.15

585.99
585.99

648.95
648.95

2.50
2.50

525.00
525.00

399.42
399.42
0.00
0.00

540.42
26.98
567.40

4,772.95
4,772.95

1,968.00
1,968.00

55,590.99
55,590.99
185,573.43
71,530.15
648.95
2.50
525.00
399.42
0.00
76,269.70
334,949.15

632.80
632.80

19,384.20
19,384.20

136.00
136.00

598.18
598.18

200.00
200.00

42,121.70
42,121.70

973.38
973.38

8,171.20
8,171.20

752.03
752.03

67,973.88
67,973.88

546.85
546.85

6,369.92
6,369.92

0.00
0.00

137.73
137.73

0.00

200.00
200.00

15,696.91
15,696.91

31.01
31.01

0.00
0.00

47,750.00
47,750.00

128.11
128.11
0.00
17
63,500.64
63,500.64

5,030.00
5,030.00

5,781.89
5,781.89
163,689.89
67,973.88
0.00
137.73
752.03
31.01
0.00
53,531.89
286,116.43
33,326.65
0.00
0.00
0.00
20.69
1,778.40
25,432.42
458,499.83
519,057.99
21,883.54
3,556.27
648.95
-135.23
-227.03
368.41
0.00
22,737.81
48,832.72
-21,883.54
-3,556.27
-648.95
500.00
579.00
8,140.69
16,869.07
0.00
**33,326.65**
**0.00**
**0.00**
**364.77**
**372.66**
**2,146.81**
**33,573.11**
**498,106.71**
**567,890.71**| |---|---| Page 9. ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE, DIOCESE OF CHELMSFORD** **(Charity Registration No. 1169955)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024** ## **3. RESTRICTED FUNDS SUMMARY FOR THE YEAR ENDED 31ST DECEMBER 2024** |||**Mission/**|**Orchards**|**Orchards**|**TOTAL**| |---|---|---|---|---|---| |||**Charities**|**Purchase**|**Refurb**|| |**INCOME**|||||| |Funds raised for Mission/Charities||4,772.95|||4,772.95| |Orchards Purchase|||1,968.00||1,968.00| |Orchards Loan|||||0.00| |Orchards Refurb||||55,590.99|55,590.99| |Donations||||0.00|0.00| |Deposit Interest|||26.98||26.98| |Income Tax Recovered|3A|1,008.94|492.00|12,409.84|13,910.78| |**Total Income**||5,781.89|2,486.98|68,000.83|76,269.70| |**EXPENDITURE**|||||| |Funds raised for Mission/Charities||5,781.89|||5,781.89| |Orchards Purchase|||0.00||0.00| |Orchards Loan Repayments|||||0.00| |Orchards Refurb||||47,750.00|47,750.00| |Church Group Expenses|||||0.00| |Gifts|||||0.00| |Other Expenditure|||||0.00| |**Total Expenditure**||5,781.89|0.00|47,750.00|53,531.89| |Balances as at 1 January 2024||0.00|452,762.46|5,737.37|458,499.83| |Surplus/(Deficit) for year||0.00|2,486.98|20,250.83|22,737.81| |Transfers between Funds||0.00|16,220.12|648.95|16,869.07| |Balances as at 31 December 2024||**0.00**|**471,469.56**|**26,637.15**|**498,106.71**| **NOTES TO THE ACCOUNTS** Page 10 **2024** **2023** ## **UNRESTRICTED INCOME** - 4 **PLANNED GIVING** 1.1 Planned Giving - DD, Pledged, Gift Aided 1.5 Planned Giving - DD, Pledged, CAF etc 1.7 Planned Giving - DD, Not Gift Aided 1.4 Planned Giving - Other (NGA) 1.6 Envelopes - Not Gift Aided 1.3 Envelopes - Gift Aided 1.2 Income Tax Recovered - 5 **NON PLANNED GIVING** 2.1 Non Planned Giving (Gift Aided) 2.2 Non Planned Giving (Not Gift Aided) 2.5 Income Tax Recovered 2.3 CCollections - 6 **DONATIONS** 2.4. Donation - Unrestricted 2.4. Donation - Hampers 2.4. Youth Fund 2.4. EALC Warm Spaces 2.4. CDBF Energy Bills Support 2.4. Evie Ball 2.4. Kirsty Pearce 2.4. Pat Kennett 2.4. Funmilayo Vaughan 2.4. Tim and Anita Ball ## **OTHER GENERAL FUND INCOME** - 7 Church Letting Income: NELFT Moo Music U3A CCG Choir Diocesan Meeting Other Sounds Right Chelmsford City Council Starlight Music Theatre Group Made For More Do Re Minis YMCA Tappy Toes 8 3.2 CCatering Income |85,177.00||86,980.00|| |---|---|---|---| |4,945.48||5,105.48|| |11,296.00||14,842.00|| |0.00||1,420.00|| |0.00||350.00|| |1,288.00||1,457.00|| |22,412.74||22,121.75|| |3,267.00
2,381.21
954.28
4,214.32|125,119.22|2,073.50
2,419.00
1,377.35
5,161.43|132,276.23| |890.04
72.74
0.00
0.00
0.00
0.00
0.00
333.07
999.67
1,356.87|10,816.81|25,950.00
125.00
80.00
330.00
3,420.00
367.10
467.00|11,031.28| |23,266.63
8,009.06
1,541.48
1,016.40
1,081.64
3,231.48
883.32
0.00
173.25
2,077.00
808.50
369.60
1,073.84|3,652.39|22,124.00
7,953.00
2,112.00
968.00
330.00
2,698.50
759.00
525.00
990.00
2,029.50
847.00
484.00
1,255.00|30,739.10| ||43,532.20||43,075.00| ||1,326.40||1,212.83| 9 Orchards Café Daily Takings Party Hire Donation 10 Sundry Income 3.5. Banns Fees 3.5. Barn Dance 3.5. Other 3.5. Christmas Concert 3.5. New City Voices Concert - 11 Creative Hands Creative Hands (Tue) Creative Hands (Wed) - 12 Community Garden 4.8. Donations Not Gift Aided 4.8.4Income Tax Recovered - 13 Youth Account Junior Church / Youth - 4.7. Donations - 4.7. Other 4.7. Income Tax Recovered 4.7.4Six Pack Subs 4.7. Elevate Subs - 14 Community Assist Donations Gift Aided Donations Not Gift Aided Donations CAF etc Income Tax Recovered - 15 3.7 Parochial Fees - 16 3.8 Bank Interest Received **TOTAL UNRESTRICTED INCOME** **----- Start of picture text -----**
Page 11
71,206.15 68,150.78
324.00 206.50
0.00 2,700.00
71,530.15 71,057.28
0.00 51.00
0.00 475.00
585.99 540.69
0.00 1,135.00
0.00 835.00
585.99 3,036.69
144.00 180.00
504.95 361.92
648.95 541.92
2.50 20.70
0.00 5.18
2.50 25.88
0.00 294.06
0.00 200.00
0.00 53.76
0.00
279.85
245.15
525.00 253.76
0.00 250.00
399.42 0.00
0.00 0.00
0.00 62.50
399.42 312.50
0.00 0.00
540.42 327.99
258,679.45 294,184.52
**----- End of picture text -----**
Page 12 ## **RESTRICTED FUNDS INCOME** |17 3a F**FUNDS RAISED FOR MISSION/CHARITIES**
4.1.Denisa Care Home (was Hope for Kids)
Donations
2,854.00
Refer also 4.1.2 Denisa Care Home - Income Tax RecoverIncome Tax
629.75
to
3,483.75
Restricted
Funds
4.1.Samaritans Purse
Donations
987.81
Summary
4.1.4 Samaritans Purse - Income Tax RecovereIncome Tax
213.44
1,201.25
4.1.Little Edi
Donations
0.00
4.1.10 Little Edi - Income Tax Recovered
Income Tax
0.00
0.00
4.1.Bible Society
Donations
772.15
4.1.14 Bible Society - Income Tax Recovered
Income Tax
155.75
927.90
4.1.Food Bank
Donations
114.36
4.1.8 Food Bank - Income Tax Recovered
Income Tax
5.00
119.36
4.1.CHESS
Donations
44.63
4.1.16 CHESS - Income Tax Recovered
Income Tax
5.00
49.63
5,781.89
18
**THE ORCHARDS PURCHASE**
4.3.Donations Gift Aided
1,968.00
Refer also 4.3.Donations Not Gift Aided
0.00
to
4.3.Donations CAF etc
0.00
Restricted
CCLA Deposit Interest
26.98
Funds
4.3.4Income Tax Recovered
492.00
Summary
4.3.Fund Raising
0.00
4.3.Fund Raising Events Income
0.00
2,486.98
19
**THE ORCHARDS REFURBISHMENT**
Refer also 4.5.Donations Gift Aided
50,125.00
to
4.5.Donations Not Gift Aided
5,465.99
Restricted 4.5.Grants
0.00
Funds
4.5.4Income Tax Recovered
12,409.84
4.5.Other Income
0.00
Summary
68,000.83
**TOTAL RESTRICTED INCOME**
76,269.70|1,129.40
227.35
1,356.75
2,216.30
517.83
2,734.13
75.00
6.25
81.25
979.50
184.88
1,164.38
5,336.51
494.00
349.00
0.00
15.79
210.75
0.00
0.00
1,069.54
400.00
0.00
5,000.00
7,350.00
0.00
12,750.00
19,156.05| |---|---| **UNRESTRICTED EXPENDITURE** Page 13 - 20 **CLERGY EXPENSES** 5.1. Mileage - 5.1. Office 5.1. Telephone - 5.1.4Other 5.1. Books and Publications 5.1. Area Dean ## 21 **STAFF COSTS (EXCL. CAFÉ STAFF)** - 22 **TRAINING** 7.1 GGeneral Training 23 **WORSHIP/SERVICES COSTS** 8.2 CCommunion Bread & Wine 8.3 CCandles 8.4 Books & Booklets 8.6 SSpecial Services 8.9 Refreshments - 8.11Sundry Expenses - 24 **PREMISES RENTAL** 9.2 CChelmer HP ## 25 **UPKEEP OF PREMISES Upkeep of The Parade** Utilities Insurance Refuse Collection Fee Extinguisher Service Maintenance & Repairs Cleaning ## **Upkeep of The Orchards** Utilities Insurance Refuse Collection Fee Extinguisher Service Gardening Maintenance & Repairs Cleaning Container Hire Cleaning Supplies AV Equipment 157.43 215.64 462.78 106.68 290.24 373.13 -277.65 31.42 0.00 0.00 0.00 37.90 632.80 764.77 19,384.20 40,255.52 136.00 0.00 136.00 0.00 222.43 54.25 6.00 36.31 36.37 2.00 29.23 94.52 294.37 35.13 9.78 598.18 222.21 200.00 200.00 200.00 200.00 3,835.56 4,920.03 1,242.00 1,189.29 0.00 0.00 91.50 70.92 2,156.28 2,906.91 1,070.77 1,065.71 8,396.11 10,152.86 12,397.09 22,695.50 2,755.81 2,910.13 1,896.96 1,951.24 114.42 172.26 0.00 0.00 3,672.50 6,443.34 9,582.16 8,538.74 446.40 446.40 756.40 875.99 2,103.85 1,363.17 33,725.59 45,396.77 42,121.70 55,549.63 Page 14 |26|**CATERING EXPENSES**||||| |---|---|---|---|---|---| ||11.1Orchards Catering General|973.38||331.08|| ||11.5Parade Catering General|0.00||54.38|| |27|**ADMINISTRATION**||973.38||385.46| ||12.1Licences|1,503.98||1,424.10|| ||12.2Subscriptions|51.00||0.00|| ||12.3Stationery|262.36||387.81|| ||12.4Printing / Photocopying|3,226.29||3,200.21|| ||12.5Books & Booklets|54.99||0.00|| ||12.6Postage|5.00||44.25|| ||12.7Giving Envelopes|40.25||36.59|| ||12.8Photocopier / Printer Toner/Ink|39.99||187.54|| ||12.9Equipment|619.00||1,268.97|| ||12.1Other|138.00||8.69|| ||12.1Paper|0.00||0.00|| ||12.1Publicity|0.00||0.00|| ||12.1Phone|1,270.81||1,102.75|| ||12.1Internet Subscription|959.53||965.06|| |28|**JUNIOR CHURCH / YOUTH**||8,171.20||8,625.97| ||13.1Stationary|0.00||0.00|| ||13.2Food and Drink|43.88||59.09|| ||13.3Craft|94.06||106.41|| ||13.5Resources|427.36||299.95|| ||13.6Phone|10.00||82.00|| ||13.7Six Pack|139.88|||| ||13.8Elevate|36.85|||| |29|**ORCHARDS CAFÉ COSTS**||752.03||547.45| ||14.1Catering Supplies|21,109.19||21,228.31|| ||Café Staff Costs|45,088.23||31,966.26|| ||14.9Other|49.99||499.24|| ||14.1Equipment|1,110.41||279.08|| ||14.2Maintenance|616.06||360.26|| |30|**COMMUNITY OUTREACH**||67,973.88||57,033.15| ||15.4Summer Festival|342.80||561.33|| ||15.5Barn Dance|0.00||596.48|| ||15.7Pancake Night|53.33||0.00|| ||15.1Christmas Hampers|57.45||438.66|| ||15.1Kintsugi Hope|0.00||0.00|| ||15.1Sensory Play|93.27||248.29|| ||15.1Coronation|0.00||70.57|| ||15.1Community Carols|0.00||24.18|| |31|**SUNDRY COSTS**||546.85||1,939.51| ||16.1Other Expenditure|3,922.16||604.22|| ||16.2Donations|0.00||1,225.00|| ||16.4Sundry|37.00||1,129.31|| ||16.5Bank Charges|335.00||354.98|| ||16.1Hosting Diocese Meetings|536.11||444.72|| ||16.1Examination Fee|420.00||360.00|| ||16.1St. Mary's|0.00||47.69|| ||16.1St. Paul's|0.00||0.00|| ||16.1Payroll Services|1,092.00||1,020.00|| ||16.1Christmas Concert|0.00||902.90|| ||16.2Miscellaneous Pastoral Expenses|27.65||120.00|| ||16.2New City Voices Concert|0.00||330.00|| ||||6,369.92||6,538.82| - 32 **CREATIVE HANDS** **----- Start of picture text -----**
32 CREATIVE HANDS Page 15
28.1Creative Hands Expenses 0.00 0.00
0.00 0.00
33 GET MEADGATE GARDENING
15.1Get Meadgate Gardening Expenses 137.73 733.85
137.73 733.85
34 YOUTH ACCOUNT
Youth Account 602.31
35 EVANGELISM
26.3Solid Youth Weekend 0.00 121.29
26.4Christmas Booklets 200.00
200.00 121.29
36 17 P PARISH SHARE 63,500.64 58,771.32
37 GIFTS TO MISSIONS / CHARITIES
20.1Denisa Care Centre (was Hope For Kids) 1,170.00 1,000.00
20.2Samaritans Purse 1,000.00 1,000.00
20.5CADEF SYM 1,360.00 360.00
20.6Kintsugi Hope 500.00 500.00
20.9Bible Society 1,000.00 1,000.00
5,030.00 3,860.00
THE ORCHARDS LOAN REPAYMENTS
38 23.1Loan Repayments Principal
23.2Loan Repayments Interest 15,696.91 15,896.94
39 27.1 COMMUNITY ASSIST 31.01 117.34
41 TEAM GB SHARED EXPENSES
29.1Rectory Decoration 0.00 496.49
29.2MMU Service For Families 24.00 8.74
29.3Christmas Books 0.00 0.00
29.4General Shared Expenses 104.11 144.61
128.11 649.84
TOTAL UNRESTRICTED EXPENDITURE 232,584.54 252,815.38
RESTRICTED EXPENDITURE
42 FUNDS RAISED FOR MISSION/CHARITY
Refer to 21.1Denisa Care Centre (was Hope For Kids) Donations 2,849.00 1,129.40
Restricted 21.2 Denisa Care Centre (was Hope For Kids) - Income Tax 634.75 227.35
Funds 3,483.75 1,356.75
Summary
21.3Samaritans Purse Donations 987.81 2,216.30
21.4 Samaritans Purse - Income Tax RecoveredIncome Tax 213.44 517.83
1,201.25 2,734.13
21.7Little Edi Donations 0.00 75.00
21.8 Little Edi - Income Tax Recovered Income Tax 0.00 6.25
0.00 81.25
21.1Bible Society Donations 772.15 979.50
21.12 Bible Society - Income Tax Recovered Income Tax 155.75 184.88
927.90 1,164.38
21.1Food Bank Donations 114.36
21.13 Food Bank Income Tax 5.00
119.36
21.1CHESS Donations 44.63
21.16 CHESS - Income Tax Recovered Income Tax 5.00
49.63
5,781.89 5,336.51
**----- End of picture text -----**
Page 16 43 **THE ORCHARDS PURCHASE FUND** Refer to 22.1Purchase Cost 0.00 0.00 Restricted 22.2Purchase Fees 0.00 0.00 Funds 22.3Fund Raising Events Costs 0.00 0.00 Summary 0.00 0.00 44 **THE ORCHARDS REFURBISHMENT FUND** Refer to 24.1Refurbishment Works 47,750.00 45,804.66 Restricted 24.2Refurbishment Fees 0.00 0.00 Funds 47,750.00 45,804.66 Summary **TOTAL RESTRICTED EXPENDITURE** 53,531.89 51,141.17 ## **BALANCE SHEET** ## **TANGIBLE FIXED ASSETS** 45 The Parade is held on a long lease and, as a dedicated building that is used for Church purposes, its leasehold value is not included in these accounts. Its insurance value in 2016 was £1,100,000. The Orchards was purchased from Essex County Council (ECC) on 16 September 2020 for the sum of £650,000, with a further £12,080 incurred in legal fees. Although the Diocese is the custodian tustee holding the deeds, the purchase price plus fees has been added as a fixed asset on to the balance sheet, as Meadgate Church has taken out a loan for £260,000 from The Diocese to finance the purchase and has yet to repay the loan. The loan is for 20 years at an interest rate of 2.5% above base. The monthly repayments commenced on the 1st October 2020, beginning at £1,390.45, increasing to £1,733.14 from January 2023 onwards, and increasing to £1,867.00 from January 2024 onwards. It should also be noted that under the terms of the sale and purchase agreement with ECC, should The Orchards be sold within eighty years of its acquisition by Meadgate Church, then 50% of any resulting profit will be payable to ECC. It should also be noted that the PCC made twelve monthly repayments in 2024, and an additional loan repayment of £12,000 in December 2024, drawing down on the Reserve Fund. This additional repayment is reflected in the 2024 repayments shown in the table below. **----- Start of picture text -----**
Loan Repayments:
Principal Interest Total
2020 repayments 2,487 1685 4,171
2021 repayments 10,964 7111 18,076
2022 repayments 20,330 8626 28,956
2023 repayments 16,901 15897 32,798
2024 repaments 18,707 15697 34,404
2025 repayments 8,876 13528 22,404
Repayments beyond 2025 181,735 93816 275,551
Total 260,000 156361 416,361
The Orchards Net Asset Value:
Purchase Price (incl fees) 662,080
Loan -260,000
Repayments to 31 Dec 2024 69,389
Net Asset Value, 31 Dec 2024 471,470
**----- End of picture text -----**
|46|**STAFF COSTS**
Wages and salaries
64,472.43
71,633.96
Pension costs
0.00
587.82
64,472.43
72,221.78| |---|---| The Church employed a part time administrator, a part time community worker, three catering outreach managers on a job share, three part-time catering assistants on a job share, and a part-time caretaker. The average number of FTE (full time equivalent) staff was 3.0. To note that the Church also usually employs a youth worker but with the Church not being able to identify a suitable candidate this position remained vacant during 2024. |47|**DEBTORS**|||||Page 17| |---|---|---|---|---|---|---| ||Gift Aid, General Fund|6,175.66||6,265.67||| ||Gift Aid, Community Assist Fund|||62.50||| ||Gift Aid, Restricted Funds|1,588.94||580.08||| ||Other debtors|13,818.78||9,235.80||| |48|**DEPOSIT ACCOUNT**||21,583.38||16,144.05|| ||CCLA||535.36||508.38|| |49|**CURRENT ACCOUNT**|||||| ||Balance as per statement|80,010.30||48,355.40||| ||less cheques not yet presented|0.00||0.00||| ||Balance of Current Account as at 31/12/2024||80,010.30||48,355.40|| |50|**POCKIT CARD**|||||| ||Opening balance|||1,029.35||| ||Loading|||2,454.00||| ||Spend|||3,483.35||| ||Closing balance||0.00||0.00|| |51|**VOLOPA CARDS**|||||| ||Opening balance|2,810.54||0.00||| ||Loading|21,600.00||16,800.00||| ||Spend|21,730.72||14,392.93||| ||Closing balance||2,679.82||2,407.07|| |52|**YOUTH ACCOUNT**|||||| ||Opening balance|0.00||443.24||| ||Income|0.00||294.06||| ||Expenditure|0.00||602.31||| ||Closing balance||0.00||134.99|| |53|**CREDITORS AND ACCRUED EXPENSES**|||||| ||Funds raised for missions / charities|383.68||524.08||| ||Other creditors and accruals|7,716.24||710.97||| ||||8,099.92||1,235.05|| |54|**ANALYSIS OF GIFTS TO MISSIONS / CHARITIES**|||||| ||Payments in the year including both giving from the General Fund and donations by church|||members:||| ||Overseas|Overseas|Home|Total|2023|| ||Mission|Relief|Societies|||| ||CADEF||1,360.00|1,360.00|360.00|| ||Denisa Care Centre (was Hope For Kids)|4,653.75||4,653.75|2,356.75|| ||Samaritans Purse|2,201.25||2,201.25|3,734.13|| ||Bible Society|1,927.90||1,927.90|2,164.38|| ||Kintsugi Hope||500.00|500.00|500.00|| ||Little Edi||0.00|0.00|81.25|| ||Food Bank||119.36|119.36||| ||CHESS||49.63|49.63||| ||0.00|8,782.90|1,860.00|10,811.89|9,196.51|| Page 18 ## 55 **PAYMENTS TO TRUSTEES AND RELATED PARTIES** The Rev. Canon Tim Ball, chair of the trustees, received reimbursement of expenses (see note 20). Tim Ball's wife, Mrs Anita Ball, has undertaken paid work in the Cafe. Mr Jason Smart holds the paid post of Café Manager and is also a trustee. Jason Smart's wife, Mrs Sue Smart, has undertaken paid work in the Café. Mrs Ros Coleridge, a trustee, has undertaken paid work in the Café. Mrs Pat Kennett, the wife of trustee Mr John Kennett, held the paid post of Administrator until Jul 2024. Mrs Lorraine Smith, the wife of trustee Mr Paul Smith, has held the paid post of Administrator since Jul 2024. Mr David Belbin was the Treasurer until August 2018, and was also a trustee until April 2019, and was reappointed as a trustee in May 2022. The accountancy practice, of which Mr Belbin is a partner, provides payroll services for Meadgate Church. The invoices for these payroll services are settled by Mr Belbin from his own personal funds, as a gift to Meadgate Church. |1
**FUNDS TRANSFER**
Transfer Description
Transfer of £500 from the GF to the
Community Garden Fund.
Transfer of £579 from the GF to the
Junior Church / Youth Fund.
Transfer of loan principal repayments to
the Orchards Purchase Fund.
Transfer of the cash balance of the
Orchards Purchase Fund to the Reserve
Fund for potential future additional loan
repayments.
Transfer of funds from the Reserve Fund
balance to GF for paying down the loan
Transfer of Creative Hands balance to
Orchards Refurb Fund to leave fund
closing balance at £0.
Transfer of Café fund balance to leave
fund closing balance at £0.
Transfer of surplus from the General
Fund to the Reserve Fund to leave the
General Fund closing balance the same
as the opening balance.
Totals
**GRANTS**
Grant Body
The Asda Foundation
Essex Association of Local Councils
Chelmsford Diocesan Board of Finance|General
Café
Reserve
Orchards
Purchase
Orchards
Refurb
Other
Funds
-500.00
500.00
-579.00
579.00
-18,707.10
18,707.10

2,486.98
-2,486.98

12,000.00
-12,000.00
648.95
-648.95
3,556.27
-3556.27
-17,653.71
17,653.71| |---|---| ||-21,883.54
-3556.27
8,140.69
16,220.12
648.95
430.05
2024
2023
5,000
330
3,420
Purpose
The Orchards refurbishment
Warm spaces
Energy bills support|