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2024-12-31-accounts

24/4/2025

Christ Church Cheylesmore

Christ Church Annual Report for 2024 The Parochial Church Council of the Ecclesiastical Parish of Christ Church Cheylesmore, Coventry , operating within the Diocese of Coventry, is a registered charity number 1172607. Our mission statement is:

Worshipping God : Bringing us into a more intimate relationship with Christ; Making Disciples : Raising up passionate disciples for Christ; and Transforming Communities: Combatting loneliness, isolation, and the stress of modern life by creating Christ-centred communities.

Christ Church continued to fulfil its mission in spite of declining membership and financial pressures.

Worshipping God

The regular pattern of weekly worship services was maintained thanks to the efforts of welcomers, hospitality servers, leaders, preachers, musicians, sound and video operators, intercessors, readers, and office support. The Breakfast service regularly attracts newcomers and a good number of children. Our online presence continues to attract as many as 10 regular viewers. Our prayer rhythms continued consisting of before each Sunday service, Wednesday mornings by Zoom, during PCC meetings, and evening prayer on the 3[rd] Sunday of the month. Our monthly Holy Communion service and sing-song at Victoria Manor Care Home continue.

Making Disciples

Sunday School continues to teach children and youth, an essential part of our discipleship. Classes are small and numbers are inconsistent week-by-week. Our Sunday evening youth group with 6 youth attending regularly continues with a real sense of their growth in faith. One highlight was the launch of the Shoebox appeal through Operation Christmas Child. Over 200 boxes were collected and sent overseas to bless children and tell the good news.

In February, we invited Nigel and Molly Watts of Precept Bible Study to lead a

weekend introduction to Inductive Bible Study. This was well attended and we continued to use this resource for weekly bible studies, covering Mark, Ephesians, Esther and Ezra.

We held our second church weekend away at Pioneer Camp in Shropshire with 35 persons attending. It was a fun filled time of relaxation, activities, worship and simply having time to be together.

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24/4/2025

Christ Church Cheylesmore

A week of prayer was held in August and messages from God were recorded. Each day focused on a different part of ministry at Christ Church.

The community of Fishers mentors and teachers have continued to meet regularly for prayer and development of the spiritual patterns. Discussions with the diocese and national church are hopefully moving us towards Fishers being integrated with the Ministry Experience Scheme (MES), a young adult placement scheme run nationally, and in many dioceses including Coventry soon.

Transforming Communities

Sadly, Tea and Chat closed due to a lack of volunteers. Noah’s Ark continues to be oversubscribed most weeks and offers an opportunity for a diverse community of parents and child carers to gather in a safe and relaxing place to interact with children and adults alike.

Governance and the Parochial Church Council

The PCC met 6 times in 2024. Notable discussions included:

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24/4/2025

Christ Church Cheylesmore

The PCC has again been greatly encouraged by the support of those attending the prayer meetings that are held at the same time as the PCC meetings. Minutes of meetings are available through the PCC secretary.

Electoral Roll and Parish Statistics

The number on the Electoral Roll stood at 60 at the 2024 APCM. A new Electoral Roll was established for the 2025 APCM which numbers 50 persons.

Electoral Roll

==> picture [427 x 427] intentionally omitted <==

----- Start of picture text -----
160
140 140127134
120
100 116116113106105103 92 91 88 83
74
80 60
60
40
20
0
Weekly Attendance Counts
120
100
80
60 84 79
75 75 73 70
40 66 66 66 67
20 37 37 31
23 22 20 20 20 19 16 14 13 14
0 6 6 5
usual children usual adults
201020112012201320142015201620172018201920202021202220232024
201020112012201320142015201620172018201920202021202220232024
----- End of picture text -----

(2020 and 2021 data not shows because the pandemic skewed the figures.)

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24/4/2025

Christ Church Cheylesmore

==> picture [419 x 320] intentionally omitted <==

----- Start of picture text -----
Worshipping Community Age Profile
160
140
120 29 33 39
27
47 32
100
30
80
72 69 54 27
67 20
60 54 19
52
48
40 10 39 34
0 0 0 31
11 9 11 7 17 10
20 8 10 7 4 6 4
23 26 22 19 2 7 7 8
14 14 11 8 9 9
0
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
age 0-10 age 11-17 age 18-39 age 40-69 age over 70
----- End of picture text -----

Fabric

In spite of no church wardens, the fabric of Christ church has continued to see necessary maintenance, repairs and improvements.

The ECO group was awarded A Rocha Bronze for its work on the environment. Building upon the success of the hall windows and doors, a goal was set to replace the remaining windows and remove all gas from C4. This will be a challenge but necessary if Christ Church is to become carbon neutral by 2030. A faculty application was delayed pending planning approval from the council. Presently, we have not yet found the funding for this project.

We investigated moving worship services into the hall, motivated by the savings in carbon and heating, the better comfort and flexibility of the space. At the time of writing this, the idea has been superseded by a reconfiguration of worship at the front of church.

Safeguarding

Our safeguarding representative on the PCC is Pam Price and our Parish Safeguarding Officer is Clare Gale who has reported to the PCC on safeguarding status and maintained the Safeguarding Dashboard. Clare Gale was appointed in January 2025. The PCC are not aware of any major incidents that require reporting to the Charity Commission.

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24/4/2025

Christ Church Cheylesmore

Finance

The Independent Examiner’s report on our 2024 accounts is presented to the APCM.

Following the challenges of 2023 it was a relief that 2024 was eased by reduced energy charges, careful management of cleaning costs and increased rental income. Delay to the start of the Fisher’s project allowed us to rent out the newly renovated Lodge, although the tenancy was terminated towards the end of the year resulting in loss of rent then and into 2025 plus additional expenditure to reinstate the Lodge to a habitable condition.

We continue to feel the impact of the reduction in members over recent years with the result that our regular giving has also declined. However, we finished the year with income exceeding expenditure by £14,329. This is in part due to an unintended tax reclaim to the end of November, such that our accounts include 14 months of tax rather than 12. This money is carried over to 2025 but will make the 2024 result look better than it should by about £2,000. We enter 2025 with sufficient funds to fulfil our reserves policy.

In 2023 we rationalised a number of legacies (Wright, Lea, George Worton), simplifying the accounts somewhat. Works in that year consumed the restricted funds held both the Music Group and Diamond projects, with the result that these were ‘closed’. With agreement from the original givers to Messy Church, funds were moved to Children and Youth and treated as Designated rather than Restricted. Messy Church was also ‘closed’. Tea and Chat ceased to meet during the year and their Designated funds have been reassigned to the Unrestricted funds.

Restricted Funds held against the Fishers Project, Lunch Club and C4 Windows are earmarked for future works that are being developed with our new Architect. We are well aware that for some 2024 has been challenging in terms of their personal finances and we give thanks for our members’ faithful stewardship and that despite these challenges our position improved at the year end. The financial support for the Food Bank from members of this church and the Compassion Fund have been received with thanks and continue to provide much needed support to the wider community.

As we look forward to 2025 it is clear that it will be challenging with lost income from the Lodge and refurbishment costs. We trust that God will continue to bless us financially. Thank you for all you do, in whatever capacity, to financially underpin His work in this community. A special thanks to the finance team, especially Jenny & Sarah. If anybody has any questions or wishes to adjust their financial commitment please feel free to contact me.

Tony Price.

Conclusion

Christ Church continues to deliver against its mission statement in spite of declining numbers and decreasing finances. We continue to see God at work in our midst and so continue in faith.

5

The Parochial Church Council of the Ecclesiastical Parish of Christ Church, Cheylesmore, Coventry

The Parochial Church Council of the Ecclesiastical Parish of Christ Church, Cheylesmore, Coventry Financial Statements

31 December 2024 Charity Number : 1172607

1

The Parochial Church Council of the Ecclesiastical Parish of Christ Church, Cheylesmore, Coventry

The Parochial Church Council of the Ecclesiastical Parish of Christ Church,

Cheylesmore, Coventry

Accounts for the year ending

31[st] December, 2024

Contents Page
Independent Examiners Report 3
Statement of Financial Activities 4
Statement of Assets and Liabilities 5
Notes to Financial Statements 6 - 12

2

The Parochlal Church Council of the Ecclesiastlcal Parlsh of Christ Church, Cheylesmore, Coventry Independent examlnerfs report to the PCC of Chrfrt Church, Cheylesrnore I report on the accounts for the year ended 31 December 2024 which are set out on pages 4 to 13. Respertfve r￿Pon￿bIlItIeS of the PCC and the examlner The PCC conslder that an audit is not required for th1$ year under section 144121 of the Charlties Art 2011 (the 2011 Act) and that an independent examination is needed. It is rny responslbillty to examlne the at￿unt$ under section 145 of the 2011 Art: follow the procedures laid down in the General Dlrectlons 8fven by the Charity Commissioner section 14515) Ibl of the 2011 Act: and state whether partlcular matters ha¥* come to my attention. Basls of Independent Examlnerfs St4tement My examlnatlon was carrled out In actordance with the General Directtons given by the Charlty Commlssion. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those record& It also includes consKlerkng arty unusual iterns or dlsclosures in the accounts, and seeking explanatlons from the PCC concerning any suth matters. The procedures undertaken do not provlde all the evtdence that would be required in a full audlt, and consequently I do not express an audit opinion on the aeeounts. Independent ￿mIne￿5 statement In connectlon wlth my examlnatlon, no matters have tome to my ittention: (i) 4th glve me reasonable cause to believe that in any material respect the requlrernents to keep accounting records in accordance with sertion ￿) of the 2011 Act: or to prepare accounts ￿thI(h accord ￿ryth the accountirq records comply wlth the accountlni requirements of the 2011 Act have not been met; or to whith, In my opinlon, attentlon should be drawn in order to enable a proper understanding of the accounts to be reac 121 Gavin Kibble Mozaic Innovate Ltd l Klneton Road, Coventry, CV2 3NR 26th February, 2025

The Parochial Church Council of the Ecclesiastical Parish of Christ Church, Cheylesmore, Coventry

Statement of Financial Activities

For the year ended 31 December 2024

Note
Incoming Resources
Voluntary Receipts
3
Hall Income
4
Donations from Church Groups
5
Other Receipts
6
Property and Investment Income
7
Total Incoming Resources
Resources Expended
Church Activities
Staff
8
Church Office
9
Ministry Areas
General Ministry
10
Worshipping God
11
Making Disciples
12
Transforming Communities
13
Other Expenditure
External Payments
14
Church Plant
15
Total Resources Expended
Net Incoming/ (Outgoing) Resources
Transfer between funds
16
Realised gain on investments
Cash brought forward at 1st January
16
Cash carried forward at 31st December
16
Unrestricted £
Restricted £
Total 2024 £
Total 2023 £
66,972
5,754
72,726
73,479
34,759
-
34,759
31,920
1,426
-
1,426
3,004
3,283
-
3,283
4,952
16,140
558
16,698
9,472
122,580
6,312
128,892
122,827
634
-
634
916
1,383
-
1,383
1,807
2,017
-
2,017
2,723
601
-
601
699
1,703
-
1,703
1,637
1,015
5,217
6,232
5,238
792
250
1,042
3,075
4,111
5,467
9,578
10,649
69,292
1,140
70,432
75,898
32,536
-
32,536
95,449
101,828
1,140
102,968
171,347
107,956
6,607
114,563
184,719
14,624
(295)
14,329
(61,892)
(318)
318
-
-
-
-
-
96
14,306
23
14,329
(61,796)
33,476
21,923
55,399
117,195
47,782
21,946
69,728
55,399

The notes on pages 6 to 13 form part of these financial statements

4

The Parochial Church Council of the Ecclesiastical Parish of Christ Church, Cheylesmore, Coventry

Statement of Assets and Liabilities

As at 31[st] December 2024

==> picture [467 x 350] intentionally omitted <==

----- Start of picture text -----
Note Unrestricted £ Restricted £ Total 2024 £ Total 2023 £
Monetary Assets
Cash on deposit - 10,330 10,330 9,772
Cash at bank 47,782 11,616 59,398 45,627
Total Monetary Assets 47,782 21,946 69,728 55,399
Assets Retained for Church Use
Church House 2 - 275,000 275,000 275,000
Assets
Gift Aid Recoverable 1,000 - 1,000 3,000
Liabilities
Sundry Liabilities 350 - 350 350
Approved by the Parochial Church Council on : 14 April 2025
_________ A. Price Treasurer
----- End of picture text -----

The notes on pages 6 to 13 form part of these financial statements

5

The Parochial Church Council of the Ecclesiastical Parish of Christ Church, Cheylesmore, Coventry

Notes to the Financial Statements

For the year ended 31[st] December, 2024

1: Accounting Policies

Basis of Accounting

The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value and at market value in respect of the investment assets . They comply with the Charity Commissioner’s Statement of Recommended Practice on Accounting by Charities preparing their accounts in accordance with the Financial Reporting Standard (FRS 102) and the Charities Act 2011. All incoming resources and resources expensed are accounted on the receipts and payments basis.

Fund Accounting

General funds comprise the accumulated surplus or deficit on the income and expenditure account. The funds are for use at the discretion of the PCC in furtherance of the general objectives of the Parish.

Designated funds comprise funds that have been set aside at the discretion of the PCC for specific purposes.

Restricted funds are funds subject to specific restricted conditions imposed by donors.

2: Assets held for Own Use

The property (“the Lodge”) is currently rented out and generates income for the church. A valuation carried out by the PCC in 2020 indicates its current open market value is £275,000.

6

The Parochial Church Council of the Ecclesiastical Parish of Christ Church, Cheylesmore, Coventry

Notes to the Financial Statements (continued)

For the year ended 31[st] December, 2024

3
Voluntary Receipts
Gift Aid
Collections for other causes
Tax Recovered
GASDS Gift Aid
Restricted Income (Gift Aid)
Restricted Income (No Gift Aid)
Grants received
Lunch Club
Non-Gift Aid Env & SO
Unrestricted £
Restricted £
Total 2024 £
Total 2023 £
44,270
-
44,270
46,009
236
10
246
2,163
13,821
-
13,821
10,857
2,081
-
2,081
1,585
-
1,090
1,090
-
-
4,654
4,654
-
-
-
-
1,359
-
-
-
-
6,564
-
6,564
11,506
66,972
5,754
72,726
73,479
4
Hall Income
Regular Lettings
Private Bookings(One off)
Unrestricted £
Restricted £
Total 2024 £
Total 2023 £
32,552
-
32,552
29,610
2,207
-
2,207
2,310
34,759
-
34,759
31,920
5
Donations from Church Groups
Worshipping God
Making Disciples
TransformingCommunities
Unrestricted £
Restricted £
Total 2024 £
Total 2023 £
698
-
698
727
100
-
100
303
628
-
628
1,974
1,426
-
1,426
3,004
6
Other Receipts
Fees to PCC
Invoices for services used
Photocopier Printing Income
Other Income
Fees payable to Diocese
Feespayable to Officiants
Unrestricted £
Restricted £
Total 2024 £
Total 2023 £
268
-
268
1,290
9
-
9
123
10
-
10
45
2,634
-
2,634
2,296
282
-
282
908
80
-
80
290
3,283
-
3,283
4,952
7
Property and Investment Income
Interest and dividends
Lodge Rent
Unrestricted £
Restricted £
Total 2024 £
Total 2023 £
-
558
558
407
16,140
-
16,140
9,065
16,140
558
16,698
9,472

7

The Parochial Church Council of the Ecclesiastical Parish of Christ Church, Cheylesmore, Coventry

Notes to the Financial Statements (continued)

For the year ended 31[st] December, 2024

Unrestricted £
Restricted £
Total 2024 £
Total 2023 £
8
Staff
Clergy Expenses 564
-
564
744
Other Staff Costs 70
-
70
172
634
-
634
916
Unrestricted £
Restricted £
Total 2024 £
Total 2023 £
9
Church Office
Office Stationary & Paper 66
-
66
28
Photocopier - rental 525
-
525
525
Photocopier - printing 197
-
197
249
Telephone 595
-
595
577
Office Equipment -
-
-
86
Other Office Expenses -
-
-
42
Deposit Refunds -
-
-
300
1,383
-
1,383
1,807
Unrestricted £
Restricted £
Total 2024 £
Total 2023 £
10
General Ministry
Refreshments (Tea & Coffee) 217
-
217
324
Publicity & Communication 372
-
372
262
CateringExpenses 12
-
12
113
601
-
601
699
Unrestricted £
Restricted £
Total 2024 £
Total 2023 £
11
Worshipping God
Sound Team/PA 295
-
295
8
Music Group 894
-
894
851
Worship Supplies 189
-
189
405
All Age Worship 305
-
305
373
WorshippingGod Training 20
-
20
-
1,703
-
1,703
1,637
Unrestricted £
Restricted £
Total 2024 £
Total 2023 £
12
Making Disciples
Children & Youth 400
-
400
1,255
Baptisms -
-
-
43
House Groups -
-
-
67
Church Retreat -
-
-
3,707
Making Disciples Training 615
-
615
166
Retreat -
5,217
5,217
-
1,015
5,217
6,232
5,238

8

The Parochial Church Council of the Ecclesiastical Parish of Christ Church, Cheylesmore, Coventry

Notes to the Financial Statements (continued)

For the year ended 31[st] December, 2024

Unrestricted £
Restricted £
Total 2024 £
Total 2023 £
13
Transforming Communities
Tea & Chat 213
-
213
531
Noah’s Ark 579
-
579
657
Community Event -
-
-
629
Compassion Fund -
250
250
396
Lunch Club -
-
-
862
792
250
1,042
3,075
Unrestricted £
Restricted £
Total 2024 £
Total 2023 £
14
External Payments
Parish Share 65,805
-
65,805
65,805
Subscriptions 161
-
161
159
Mission Giving from Tithing 2,524
-
2,524
4,895
Other causes 145
1,140
1,285
3,119
Bank Charges 223
-
223
190
Audit 350
-
350
350
Other External Payments -
-
-
275
Fees paid to Diocese -
-
-
908
Fees paid to Officiants 80
-
80
190
Credit Card Charges 4
-
4
7
69,292
1,140
70,432
75,898
Unrestricted £
Restricted £
Total 2024 £
Total 2023 £
15
Church Plant
Gas 6,432
-
6,432
7,825
Electricity 2,911
-
2,911
3,942
Water 901
-
901
-
Cleaning 13,258
-
13,258
15,010
Repair & Maintenance 1,409
-
1,409
2,164
Vicarage 141
-
141
136
The Lodge 1,820
-
1,820
3,153
Insurance 2,946
-
2,946
2,899
Health & Safety 2,328
-
2,328
3,356
Church Plant Repairs 366
-
366
2,516
BuildingDevelopment 24
-
24
54,448
32,536
-
32,536
95,449

9

The Parochial Church Council of the Ecclesiastical Parish of Christ Church, Cheylesmore, Coventry

Notes to the Financial Statements (continued)

For the year ended 31[st] December, 2024

16: Movement of Funds
Restricted Funds:
Church Building Repairs Fund
Fishers Project
Compassion Fund
Lunch Club
C4 Windows
Weekend Away
Foodbank
Total Restricted Funds
Designated Funds
Noah's Ark
Youth and Children's Work
Tea and Chat
Total Designated Funds
Unrestricted Funds
Total Funds
Balance at
01/01/24
Income
Expenditure
Transfers
Balance at
31/12/24
£
£
£
£
£
9,771
558
10,329
3,697
50
3,747
172
150
(250)
72
2,620
-
-
2,620
5,583
-
-
5,583
-
4,324
(5,217)
83
(810)
80
1,230
(1,140)
235
405
21,923
6,312
(6,607)
318
21,946
520
1,625
(579)
(825)
741
1,015
30
(145)
-
900
636
352
(215)
(773)
-
2,171
2,007
(939)
(1,598)
1,641
31,305
120,573
(107,017)
1,280
46,141
55,399
128,892
(114,563)
-
69,728

10

The Parochial Church Council of the Ecclesiastical Parish of Christ Church, Cheylesmore, Coventry

Notes to the Financial Statements (continued)

For the year ended 31[st] December, 2024

16 Movement of Funds (cont.)
Restricted Funds:
Church Building Repairs Fund
The Wright Legacy
The Lea Legacy
The George Worton Charity
Fishers Project
Music Group
Compassion Fund
Lunch Club
Diamond Fund
C4 Windows
Weekend Away
Leaving Gifts
Foodbank
Total Restricted Funds
Designated Funds
Noah's Ark
Children & Youth
Tea and Chat
Total Designated Funds
Unrestricted Funds
Total Funds
Balance at
01/01/23
Income
Expenditure
Transfers
Realised
gains on
investments
Balance at
31/12/23
£
£
£
£
£
£
23,524
247
-
(14,000)
-
9,771
4,170
94
-
(4,264)
-
-
3,339
63
-
(3,489)
87
-
230
3
-
(242)
9
-
17,964
234
(26,695)
12,194
-
3,697
120
-
-
(120)
-
-
(582)
1,270
(396)
(120)
-
172
3,482
-
(862)
-
-
2,620
17,773
-
(27,333)
9,560
-
-
5,085
2,615
(2,117)
-
-
5,583
-
3,405
(3,684)
279
-
-
-
725
(720)
(5)
-
-
105
1,460
(1,485)
-
-
80
75,210
10,116
(63,292)
(207)
96
21,923
1,210
1,816
(956)
(1,550)
-
520
1,419
-
-
(404)
-
1,015
666
475
(505)
-
-
636
3,295
2,291
(1,461)
(1,954)
-
2,171
38,690
110,420
(119,966)
2,161
-
31,305
117,195
122,827
(184,719)
-
96
55,399

Description of Restricted and Designated Funds :

11

The Parochial Church Council of the Ecclesiastical Parish of Christ Church, Cheylesmore, Coventry

Notes to the Financial Statements (continued)

For the year ended 31[st] December, 2024

17 Trustees Remuneration

The Charity Trustees were not paid or received any other benefits from employment with the Charity in the year neither were they reimbursed expenses during the year (2023: nil). No charity trustee received payment for professional or other services supplied to the charity during the year (2023 : nil)

18 Employees

There no employees or employee costs during the year (2023: nil)

12

The Parochial Church Council of the Ecclesiastical Parish of Christ Church, Cheylesmore, Coventry

Statement of Financial Activities (Prior Year)

For the year ended 31 December 2023

Incoming Resources
Voluntary Receipts
Hall Income
Donations from Church Groups
Other Receipts
Investment Income
Total Incoming Resources
Resources Expended
Church Activities
Staff
Church Office
Ministry Areas
General Ministry
Worshipping God
Making Disciples
Transforming Communities
Other Expenditure
External Payments
Church Plant
Total Resources Expended
Net Incoming Resources
Transfer between funds
Realised/Unrealised gains/(losses) on
investments
Funds brought forward at 1st January
Funds carried forward at 31st December
Unrestricted
£
64,004
31,920
3,004
4,718
9,065

Restricted
Total 2023
Total 2022
£
£
£

9,475
73,479
143,465

-
31,920
28,133

-
3,004
3,405

234
4,952
5,435

407
9,472
7,112
112,711
10,116
122,827
187,550
916
1,807

-
916
1,287

-
1,807
2,625
2,723
-
2,723
3,912
699
1,637
1,554
1,817

-
699
655

-
1,637
1,835

3,684
5,238
1,820

1,258
3,075
3,395
5,707
4,942
10,649
7,705
73,693
39,304

2,205
75,898
73,424

56,145
95,449
117,491
112,997
58,350
171,347
190,915
121,427
63,292
184,719
202,532
(8,716) (53,176)
(61,892)
(14,982)
207
-

(207)
-
-
96
96
(315)
(8,509)
41,985
(53,287)
(61,796)
(15,297)

75,210
117,195
132,492
33,476
21,923
55,399
117,195

13

The Parochial Church Council of the Ecclesiastical Parish of Christ Church, Cheylesmore, Coventry

The Parochial Church Council of the Ecclesiastical Parish of Christ Church, Cheylesmore, Coventry Financial Statements

31 December 2024 Charity Number : 1172607

1

The Parochial Church Council of the Ecclesiastical Parish of Christ Church, Cheylesmore, Coventry

The Parochial Church Council of the Ecclesiastical Parish of Christ Church,

Cheylesmore, Coventry

Accounts for the year ending

31[st] December, 2024

Contents Page
Independent Examiners Report 3
Statement of Financial Activities 4
Statement of Assets and Liabilities 5
Notes to Financial Statements 6 - 12

2

The Parochlal Church Council of the Ecclesiastlcal Parlsh of Christ Church, Cheylesmore, Coventry Independent examlnerfs report to the PCC of Chrfrt Church, Cheylesrnore I report on the accounts for the year ended 31 December 2024 which are set out on pages 4 to 13. Respertfve r￿Pon￿bIlItIeS of the PCC and the examlner The PCC conslder that an audit is not required for th1$ year under section 144121 of the Charlties Art 2011 (the 2011 Act) and that an independent examination is needed. It is rny responslbillty to examlne the at￿unt$ under section 145 of the 2011 Art: follow the procedures laid down in the General Dlrectlons 8fven by the Charity Commissioner section 14515) Ibl of the 2011 Act: and state whether partlcular matters ha¥* come to my attention. Basls of Independent Examlnerfs St4tement My examlnatlon was carrled out In actordance with the General Directtons given by the Charlty Commlssion. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those record& It also includes consKlerkng arty unusual iterns or dlsclosures in the accounts, and seeking explanatlons from the PCC concerning any suth matters. The procedures undertaken do not provlde all the evtdence that would be required in a full audlt, and consequently I do not express an audit opinion on the aeeounts. Independent ￿mIne￿5 statement In connectlon wlth my examlnatlon, no matters have tome to my ittention: (i) 4th glve me reasonable cause to believe that in any material respect the requlrernents to keep accounting records in accordance with sertion ￿) of the 2011 Act: or to prepare accounts ￿thI(h accord ￿ryth the accountirq records comply wlth the accountlni requirements of the 2011 Act have not been met; or to whith, In my opinlon, attentlon should be drawn in order to enable a proper understanding of the accounts to be reac 121 Gavin Kibble Mozaic Innovate Ltd l Klneton Road, Coventry, CV2 3NR 26th February, 2025

The Parochial Church Council of the Ecclesiastical Parish of Christ Church, Cheylesmore, Coventry

Statement of Financial Activities

For the year ended 31 December 2024

Note
Incoming Resources
Voluntary Receipts
3
Hall Income
4
Donations from Church Groups
5
Other Receipts
6
Property and Investment Income
7
Total Incoming Resources
Resources Expended
Church Activities
Staff
8
Church Office
9
Ministry Areas
General Ministry
10
Worshipping God
11
Making Disciples
12
Transforming Communities
13
Other Expenditure
External Payments
14
Church Plant
15
Total Resources Expended
Net Incoming/ (Outgoing) Resources
Transfer between funds
16
Realised gain on investments
Cash brought forward at 1st January
16
Cash carried forward at 31st December
16
Unrestricted £
Restricted £
Total 2024 £
Total 2023 £
66,972
5,754
72,726
73,479
34,759
-
34,759
31,920
1,426
-
1,426
3,004
3,283
-
3,283
4,952
16,140
558
16,698
9,472
122,580
6,312
128,892
122,827
634
-
634
916
1,383
-
1,383
1,807
2,017
-
2,017
2,723
601
-
601
699
1,703
-
1,703
1,637
1,015
5,217
6,232
5,238
792
250
1,042
3,075
4,111
5,467
9,578
10,649
69,292
1,140
70,432
75,898
32,536
-
32,536
95,449
101,828
1,140
102,968
171,347
107,956
6,607
114,563
184,719
14,624
(295)
14,329
(61,892)
(318)
318
-
-
-
-
-
96
14,306
23
14,329
(61,796)
33,476
21,923
55,399
117,195
47,782
21,946
69,728
55,399

The notes on pages 6 to 13 form part of these financial statements

4

The Parochial Church Council of the Ecclesiastical Parish of Christ Church, Cheylesmore, Coventry

Statement of Assets and Liabilities

As at 31[st] December 2024

==> picture [467 x 350] intentionally omitted <==

----- Start of picture text -----
Note Unrestricted £ Restricted £ Total 2024 £ Total 2023 £
Monetary Assets
Cash on deposit - 10,330 10,330 9,772
Cash at bank 47,782 11,616 59,398 45,627
Total Monetary Assets 47,782 21,946 69,728 55,399
Assets Retained for Church Use
Church House 2 - 275,000 275,000 275,000
Assets
Gift Aid Recoverable 1,000 - 1,000 3,000
Liabilities
Sundry Liabilities 350 - 350 350
Approved by the Parochial Church Council on : 14 April 2025
_________ A. Price Treasurer
----- End of picture text -----

The notes on pages 6 to 13 form part of these financial statements

5

The Parochial Church Council of the Ecclesiastical Parish of Christ Church, Cheylesmore, Coventry

Notes to the Financial Statements

For the year ended 31[st] December, 2024

1: Accounting Policies

Basis of Accounting

The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value and at market value in respect of the investment assets . They comply with the Charity Commissioner’s Statement of Recommended Practice on Accounting by Charities preparing their accounts in accordance with the Financial Reporting Standard (FRS 102) and the Charities Act 2011. All incoming resources and resources expensed are accounted on the receipts and payments basis.

Fund Accounting

General funds comprise the accumulated surplus or deficit on the income and expenditure account. The funds are for use at the discretion of the PCC in furtherance of the general objectives of the Parish.

Designated funds comprise funds that have been set aside at the discretion of the PCC for specific purposes.

Restricted funds are funds subject to specific restricted conditions imposed by donors.

2: Assets held for Own Use

The property (“the Lodge”) is currently rented out and generates income for the church. A valuation carried out by the PCC in 2020 indicates its current open market value is £275,000.

6

The Parochial Church Council of the Ecclesiastical Parish of Christ Church, Cheylesmore, Coventry

Notes to the Financial Statements (continued)

For the year ended 31[st] December, 2024

3
Voluntary Receipts
Gift Aid
Collections for other causes
Tax Recovered
GASDS Gift Aid
Restricted Income (Gift Aid)
Restricted Income (No Gift Aid)
Grants received
Lunch Club
Non-Gift Aid Env & SO
Unrestricted £
Restricted £
Total 2024 £
Total 2023 £
44,270
-
44,270
46,009
236
10
246
2,163
13,821
-
13,821
10,857
2,081
-
2,081
1,585
-
1,090
1,090
-
-
4,654
4,654
-
-
-
-
1,359
-
-
-
-
6,564
-
6,564
11,506
66,972
5,754
72,726
73,479
4
Hall Income
Regular Lettings
Private Bookings(One off)
Unrestricted £
Restricted £
Total 2024 £
Total 2023 £
32,552
-
32,552
29,610
2,207
-
2,207
2,310
34,759
-
34,759
31,920
5
Donations from Church Groups
Worshipping God
Making Disciples
TransformingCommunities
Unrestricted £
Restricted £
Total 2024 £
Total 2023 £
698
-
698
727
100
-
100
303
628
-
628
1,974
1,426
-
1,426
3,004
6
Other Receipts
Fees to PCC
Invoices for services used
Photocopier Printing Income
Other Income
Fees payable to Diocese
Feespayable to Officiants
Unrestricted £
Restricted £
Total 2024 £
Total 2023 £
268
-
268
1,290
9
-
9
123
10
-
10
45
2,634
-
2,634
2,296
282
-
282
908
80
-
80
290
3,283
-
3,283
4,952
7
Property and Investment Income
Interest and dividends
Lodge Rent
Unrestricted £
Restricted £
Total 2024 £
Total 2023 £
-
558
558
407
16,140
-
16,140
9,065
16,140
558
16,698
9,472

7

The Parochial Church Council of the Ecclesiastical Parish of Christ Church, Cheylesmore, Coventry

Notes to the Financial Statements (continued)

For the year ended 31[st] December, 2024

Unrestricted £
Restricted £
Total 2024 £
Total 2023 £
8
Staff
Clergy Expenses 564
-
564
744
Other Staff Costs 70
-
70
172
634
-
634
916
Unrestricted £
Restricted £
Total 2024 £
Total 2023 £
9
Church Office
Office Stationary & Paper 66
-
66
28
Photocopier - rental 525
-
525
525
Photocopier - printing 197
-
197
249
Telephone 595
-
595
577
Office Equipment -
-
-
86
Other Office Expenses -
-
-
42
Deposit Refunds -
-
-
300
1,383
-
1,383
1,807
Unrestricted £
Restricted £
Total 2024 £
Total 2023 £
10
General Ministry
Refreshments (Tea & Coffee) 217
-
217
324
Publicity & Communication 372
-
372
262
CateringExpenses 12
-
12
113
601
-
601
699
Unrestricted £
Restricted £
Total 2024 £
Total 2023 £
11
Worshipping God
Sound Team/PA 295
-
295
8
Music Group 894
-
894
851
Worship Supplies 189
-
189
405
All Age Worship 305
-
305
373
WorshippingGod Training 20
-
20
-
1,703
-
1,703
1,637
Unrestricted £
Restricted £
Total 2024 £
Total 2023 £
12
Making Disciples
Children & Youth 400
-
400
1,255
Baptisms -
-
-
43
House Groups -
-
-
67
Church Retreat -
-
-
3,707
Making Disciples Training 615
-
615
166
Retreat -
5,217
5,217
-
1,015
5,217
6,232
5,238

8

The Parochial Church Council of the Ecclesiastical Parish of Christ Church, Cheylesmore, Coventry

Notes to the Financial Statements (continued)

For the year ended 31[st] December, 2024

Unrestricted £
Restricted £
Total 2024 £
Total 2023 £
13
Transforming Communities
Tea & Chat 213
-
213
531
Noah’s Ark 579
-
579
657
Community Event -
-
-
629
Compassion Fund -
250
250
396
Lunch Club -
-
-
862
792
250
1,042
3,075
Unrestricted £
Restricted £
Total 2024 £
Total 2023 £
14
External Payments
Parish Share 65,805
-
65,805
65,805
Subscriptions 161
-
161
159
Mission Giving from Tithing 2,524
-
2,524
4,895
Other causes 145
1,140
1,285
3,119
Bank Charges 223
-
223
190
Audit 350
-
350
350
Other External Payments -
-
-
275
Fees paid to Diocese -
-
-
908
Fees paid to Officiants 80
-
80
190
Credit Card Charges 4
-
4
7
69,292
1,140
70,432
75,898
Unrestricted £
Restricted £
Total 2024 £
Total 2023 £
15
Church Plant
Gas 6,432
-
6,432
7,825
Electricity 2,911
-
2,911
3,942
Water 901
-
901
-
Cleaning 13,258
-
13,258
15,010
Repair & Maintenance 1,409
-
1,409
2,164
Vicarage 141
-
141
136
The Lodge 1,820
-
1,820
3,153
Insurance 2,946
-
2,946
2,899
Health & Safety 2,328
-
2,328
3,356
Church Plant Repairs 366
-
366
2,516
BuildingDevelopment 24
-
24
54,448
32,536
-
32,536
95,449

9

The Parochial Church Council of the Ecclesiastical Parish of Christ Church, Cheylesmore, Coventry

Notes to the Financial Statements (continued)

For the year ended 31[st] December, 2024

16: Movement of Funds
Restricted Funds:
Church Building Repairs Fund
Fishers Project
Compassion Fund
Lunch Club
C4 Windows
Weekend Away
Foodbank
Total Restricted Funds
Designated Funds
Noah's Ark
Youth and Children's Work
Tea and Chat
Total Designated Funds
Unrestricted Funds
Total Funds
Balance at
01/01/24
Income
Expenditure
Transfers
Balance at
31/12/24
£
£
£
£
£
9,771
558
10,329
3,697
50
3,747
172
150
(250)
72
2,620
-
-
2,620
5,583
-
-
5,583
-
4,324
(5,217)
83
(810)
80
1,230
(1,140)
235
405
21,923
6,312
(6,607)
318
21,946
520
1,625
(579)
(825)
741
1,015
30
(145)
-
900
636
352
(215)
(773)
-
2,171
2,007
(939)
(1,598)
1,641
31,305
120,573
(107,017)
1,280
46,141
55,399
128,892
(114,563)
-
69,728

10

The Parochial Church Council of the Ecclesiastical Parish of Christ Church, Cheylesmore, Coventry

Notes to the Financial Statements (continued)

For the year ended 31[st] December, 2024

16 Movement of Funds (cont.)
Restricted Funds:
Church Building Repairs Fund
The Wright Legacy
The Lea Legacy
The George Worton Charity
Fishers Project
Music Group
Compassion Fund
Lunch Club
Diamond Fund
C4 Windows
Weekend Away
Leaving Gifts
Foodbank
Total Restricted Funds
Designated Funds
Noah's Ark
Children & Youth
Tea and Chat
Total Designated Funds
Unrestricted Funds
Total Funds
Balance at
01/01/23
Income
Expenditure
Transfers
Realised
gains on
investments
Balance at
31/12/23
£
£
£
£
£
£
23,524
247
-
(14,000)
-
9,771
4,170
94
-
(4,264)
-
-
3,339
63
-
(3,489)
87
-
230
3
-
(242)
9
-
17,964
234
(26,695)
12,194
-
3,697
120
-
-
(120)
-
-
(582)
1,270
(396)
(120)
-
172
3,482
-
(862)
-
-
2,620
17,773
-
(27,333)
9,560
-
-
5,085
2,615
(2,117)
-
-
5,583
-
3,405
(3,684)
279
-
-
-
725
(720)
(5)
-
-
105
1,460
(1,485)
-
-
80
75,210
10,116
(63,292)
(207)
96
21,923
1,210
1,816
(956)
(1,550)
-
520
1,419
-
-
(404)
-
1,015
666
475
(505)
-
-
636
3,295
2,291
(1,461)
(1,954)
-
2,171
38,690
110,420
(119,966)
2,161
-
31,305
117,195
122,827
(184,719)
-
96
55,399

Description of Restricted and Designated Funds :

11

The Parochial Church Council of the Ecclesiastical Parish of Christ Church, Cheylesmore, Coventry

Notes to the Financial Statements (continued)

For the year ended 31[st] December, 2024

17 Trustees Remuneration

The Charity Trustees were not paid or received any other benefits from employment with the Charity in the year neither were they reimbursed expenses during the year (2023: nil). No charity trustee received payment for professional or other services supplied to the charity during the year (2023 : nil)

18 Employees

There no employees or employee costs during the year (2023: nil)

12

The Parochial Church Council of the Ecclesiastical Parish of Christ Church, Cheylesmore, Coventry

Statement of Financial Activities (Prior Year)

For the year ended 31 December 2023

Incoming Resources
Voluntary Receipts
Hall Income
Donations from Church Groups
Other Receipts
Investment Income
Total Incoming Resources
Resources Expended
Church Activities
Staff
Church Office
Ministry Areas
General Ministry
Worshipping God
Making Disciples
Transforming Communities
Other Expenditure
External Payments
Church Plant
Total Resources Expended
Net Incoming Resources
Transfer between funds
Realised/Unrealised gains/(losses) on
investments
Funds brought forward at 1st January
Funds carried forward at 31st December
Unrestricted
£
64,004
31,920
3,004
4,718
9,065

Restricted
Total 2023
Total 2022
£
£
£

9,475
73,479
143,465

-
31,920
28,133

-
3,004
3,405

234
4,952
5,435

407
9,472
7,112
112,711
10,116
122,827
187,550
916
1,807

-
916
1,287

-
1,807
2,625
2,723
-
2,723
3,912
699
1,637
1,554
1,817

-
699
655

-
1,637
1,835

3,684
5,238
1,820

1,258
3,075
3,395
5,707
4,942
10,649
7,705
73,693
39,304

2,205
75,898
73,424

56,145
95,449
117,491
112,997
58,350
171,347
190,915
121,427
63,292
184,719
202,532
(8,716) (53,176)
(61,892)
(14,982)
207
-

(207)
-
-
96
96
(315)
(8,509)
41,985
(53,287)
(61,796)
(15,297)

75,210
117,195
132,492
33,476
21,923
55,399
117,195

13