The Parochial Church Council of the Ecclesiastical Parish of St Peter, Kineton. Reports & Accounts Financial Year Ending 3111212024 Contents Legal & AdministratNe Details Trustees Report Independeni Examiners Report R•caipts & Payments s&ernent Asset & Llty Statement Not•s to the Accounts
Legal & Administrative Details Charity Name". The Parochial Church Council of the ECcle.ath'Cal Parish of St Peter. ne10ft. Chjrity Number. 1173954 Chanty Corresponden Address: The Vicarage, Warwck Road. neton Warwick CV35 OHW Trust888". Bary Jackson Beren Hartless Alison Abbott Matthew Amold melan Dowden Nicholas Gunn Alex Gunn Michael Lawrence Peter Dunn Elatsoth Host Elofson Katse Hartless Rose F•on8 Penson Chark>tte Wheeler Tim Walker (Resigned 3111212024) Independent Examiner. James M Synge LockwocKI House Kineion WarwickshKe CV35 ONS
Trustees Report Objects of the ¢harlty primary object of the PCC is the womotion of the Gospel of our Lord Jesus Christ accordlThJ to the docthne and Practices of IM Church of England Th• PCC acts in cwp8ration with our IncumbenL the Revend Barry Jackson. In prLxnotirKJ In the pansh the whole mi$w of I church. pastoral, evan981istsc, social aThl ecumenul. Summary of tho charity'g main activiti•s and achievwmf en planniThJ our athities for Ihe year, we have considered Ihe Charity Commiss•on's gumlance on Publ benefit and. in particular. the supthmentary guidarKe on chantses for the atr4ancement of religion. In partKxdar, we try to enable 0p1a to live out their farth as part of our p'sh c¢xnmunty. through.. a) worship and yayer, lèaming about the lov• of God and helping p•ople develop Itwir understanding and trust in Jesu8 b) provtsion ol pOral Ca for people INlng in the parlsh c) missi¢)nary and oulrea¢h work To help faalrtate this work. we must maintsin arK improve the church'$ fabric to meet the rleeds of present arKI future generations. To further the above objects and vtsion, the charty's main activitios arKI achievernents are summarisod b810w. God has been doing amaJng thi3 am(YW us during the year, wilh many new peoFIo joiTh church seNices and aCtMt. Highlights mc1Je. We've had lots of n•w famili•s join the toddler soft play Lego church has been a rnas$ive hit on Sunday School days, with many nthv I113 Joining Our youth groups, Connecl (1 >18 year-ohJs) arKI 10..10 {10-12 year-okls), ar• growing. Two of our older youth group wer• baptised and confim8d during the year. From babie5 and toddlefs to teenagers. we ar• now working wrth Over 50 yourvJ people. Wa had over 20 adults Join us over the three trnes we ran 'Explore' (our •nquir•rs course). during th• yaar, The numtér ol peo attènding hom• groups cOntinS to grow, with excellent feedback from those who engaged in the discuon3 the Lent book 'God Soaked Lrfe. The Bereavement Joumey course has ten run every term. wrth nthv people bng h•lped to join Beavemen1 Calé ctynmunily Our communty athon wojects have contsnued to be in demand. The food bank has troken rewds again this y8¥, and we frequently had to appeal for more food. Please keep the food bank in your wayers. GIFT pr0ct has Supported several new famil*s and kyowded ongoing fJUPPOrt for existirKJ clierfs. Thes8 irbcludo several Afghan refugee families.
Through the co(rses we put on, the communty action proj.ects we run, and our work with chIldn and famils, we have new people Joining our chwch. As God adds to our number, li allows us to do ev•n mora to ser4e our communty. All of the above 15 only F¢wble because of the fantastic teams ol voluNwfs have in the church 9iV8 their bme, lalonts. energy and money to enable us to do all that we a doing. Financial Review Th• accourns for the year ar8 divided into "UNeStricte and 7estricted" income. Unrestricted income ffj money given for the wular ministry of the chw¢h and is shown in t90 accourts 4Mthin the 'Gen8ral Fund". Restncted Incorne ffj m¢J)ey given for specifK wrposes and ffj sho¥ wthin appropriate "Funds" such as "Bells" fund. Unrestrictsd G•n•ral Fund Anatysl•: The accounts show th8 General FurKI generated a small surplus during year. However. le IG an thalK1•n9 transf•r of £2,207 of Gift Aid morffj du• lo the Foodbank's bank account. from the general fund. This results In the followirrfJ". General Fd Opening Balan¢e'. G8n8ral Fund Closing Balanc8 {adjust8d): £17,613 General Fund Deficrt for the year.. £1,858 £19,471 IF ndlnc General Fund d0ftats up 12% on last year. General Fund Grfl AKI up £7,140 on last year. However. this is due to a) the £2.207 Ihat should be in Foodbank Fund, b) ExpensePlus enabling quarterty clairns rt annual. 2023 full year daimed 85 usual. plu8 9 morths of 2024 In accounting year. 2025 claims will Iherefm be less than 2024. Last year, the "Otheff line wrthin General Fund benefitted frDm transfer of rnoney frorn th• Ben•fic• A¢¢ouni (Thffj year In 8•nefic• Fund), and rebate from the cost of the pnnter. G•n•fal Fund Total Incom• £74,759 l•M £2,207 • £72,552 whl¢h Is on 14St y••r ocegan Quoia £4,710 le$$ than la$1 y•ar. du• to support t¢Y4¥ard8 Children's Work Gross cost of Childr8n's Worker £14,803. However, this partly offset by wular d0Thatn$ and £4.895 grant frrmn Iha Di¢Xe8•. These are shown in Fund Transfers. and reduce the real cost to £8.745 Last year, General Fund paKI for AdmiThstrator and lknnist Costs on orbe line rtem. Thi's year the AdMintratOr costs have been accounted for In the Benefice Fund Last year. General Fund charged ft>r Clergy expenses. Th18 year these have been a¢tount8d for in the Benefice Fund G•n•r41 Fund Total Expenditur• £68.072. £6.144 less than last year
l F nd Transfers summa General Fund. to Mission GivirvJ 10% FurKI: Gereral Fund, to Ed9ahill Benefice Fund: Donations T(hvards Youth Worker Fund, to General Fund.. £5.819.36 £6,756.54 £6,058.20 Rmtricted Funds Analysls: B•reav•ment Café Fund, new fund started thts year Fund for donations and grants towards Children's Worker Employmont has cary over of £5.OCKI 0 2025 from tha 2025 grant received on 30 Ccember 2024. Edgehill Benef Fund now correcuy rerArving income from all 6 churches. and the separate bank acCnI was ck)sed in 2024. Outgoing8 covered clergy expenses aThl part of Administrator salary. Meeling Point FurKI donated nearty £2,800 to ChantS. Mission Gv4irKJ 10% Fund donated all £12, 1 C) accumulat•d trn previous years Fosse Foodbank Fund is in a separate Bank Account. Taking Into account the transfer of Ihe £2,207 Gift Aid (see above), receisxs were £34,758. (Up £13.427 on last year) and expenditure of £27,443. (Up £5.252 on Last Year) leaving rt with an adjusi•d balanc• of £33.759. was $vJnfficanUy helped by a Or-off donation of £10.356. EXpendrtU included £7.343 on Fo(yJ Purchase. and £8,897 VouclNryr Purchases Restrkted Funds had an Op•nAng Balanc• of £67.232. anda Closlng Balance 01£71,854 Funds In D•ficlt There no fvnds in defiot R•s•rv•s Policy The charrty aims to hold a minirnurn of £22, 500 (which is approximalety 3 months of expnditurn) as unrestncted cash, so that the chanty continu• to operate shoukl Inc10 arKYor expendire vary afv8rs8ty. At the year4nd. the charity held unrtttr1•d cash of £25,638. Slgnatur• This report was approved by the trustees. and Is signed on Ihoir behalf by: &fv
Independent Examlners Report I report to the trustees on my examinatiM of the accounts of The Parochial Church Cnal of the Ecd8siaslical Parr8h of St Peter, knneton. (Ihe tharrty,) for the year ended 31112Q024, Responslblllll•s and Basls of R•port As the trustees of the chanty you a responsble for the preparabon of the a¢¢ounts in accofdanc• th th• requirwnents of the Chanties Act 2011 {'the 2011 Ad,). I report in respe of my examination of Ihe charty's a¢tt•untS ¢grried out und•r $8Ction 145 of the 2011 Act and In caryiThJ out my examination I have followed all the applicable Directions given by the Chanty Commission under section 145{5)(b) of the 2011 Act Indond•t Examino¢s Statefnent I have completed my examination. I confirm Ihat no material mattera have come to rny attenbon In connecbon wrth the examinabon gwiw me cause to bel*ve that in wy mat81ial respect. 1. accounting records were nol kept in accordance th section 130 of the 2011 Act: lx 2. th• accounts do not acc¢Kd wth the accounb.ng records. I have no concems and have come across no olhef matters in conrctIon with the examination to vknich attenbon shoukl be drawn in order to enable a rKoper understarKliThJ ol Ihe acc(wnts to Independent Examln•f'S Detalls Namo: Jarnos M Syngo "neton waIShIra CV35 ONS Sw•lu £f
Receipts & Payments Statement UAifrplr.l•il rotsi PrT Y••r 4.w4 533 648 J.212 r¥ftADJ 17.C6) v•olmqffl5 * Iro¥• TF•Lknu A...11.JtEl¥b LX•r 7.797 1.721 &1• | S c4 Ftyed fv¥EsimEn I'W rwoir.,.. Jw*blr 1203 1.401 2.610 441S 5.091 l•nk Ch•rg1• 1Y+ 4.0>5 4.T16 G•¥ Gp 12.100 6.Q7T I•.IIT 1•,613 9.gjj i•.ODi Z7,Mi 7.074 . Smff Ceats 25 888 ie.1 2)., 29 fÉO 328 Qi Xl 1tS 4¥" .878 FUN1 TraBMrs Out 9. IM¢ Alwrwt 4 9-, 1 C••h Ji.c SS.TQi , 91 6-,4
G•w•i 19.1 19 4Y1 • IR••th¢dl 17 ' D8F thweall IRe¥thGai {RMthL¥Bdl J.YTI 1750 O.IIIXl i 10.113 io.iij 7.12• , IRertbJi , ond Prc*ctsOon•l i IPMtr¢ityJl , 11YA 202) . Ghli411V4 2024 a791 443 srATEMENT OF ASSEfs AND UABIUTIES Unrestricted 2024 Designated Restria•d TOTAL 2023 TOTAL Cash In harnl Bank curfent account (HSBQ HSBC Foodbank Total monetary assets 19,820 5.818 34,485 31,552 66.037 60,122 31.552 91.674 60,261 26.443 86.704 19,820 5.818 Other assets Gift Aid recoverable (estimated) Olh•r U•blllll•s Lo5 outstandin9 1403 7.758 13.IXX> 13,C
Asset & Liability Statement Cash Assets ITIL'SL-knlE 19.02¢ 19 •2Q 19I7t li lRethrll Juoi 1440 lJl7 ', FinJncol shere le•b ¢00> 3771 ?750 Eryétym•M 10.113 10.113 7. 121 Z259 &4WJ 10% 20aJ 5A11 ., Slgn•iur• Th838 accounts have been approved by the trustees. and are Signed on Iheir behalf by: tType here]
Notes to the Accounts Accounting Polici The accounts have •n prepared on a roceipts and payments basis and compns8 a statement that shows the charitls receipts and payments, a $18tement Ihal summarises tha thanS assets and liabllrt8 and related notes. General funds are unrestred funds vthich are available for use al the discretion of the trustees in furtherance of the general objectives of the chanty. Designated funds Gomprise unfes1ned funds that have been set a$e by the trustees for particular purposes. Restncted funds are donatn$ ich a to be used in accordance with speufic restrictions imposed by dorM)rs: they irKlud8 donations receive(I Irom appeals for specific actwths or projects. Voluntary Income and capital resowces Collecbons are recognised when banked Planmd giving is onty r•cognis•d when rec•ived Income tax recoverable on grft aMJed donations M recognised when the Income is rec*ved. Grants and legac6 to the PCC are accouniod for when received Fundfaising and similar events are accounted for gross. Re (>ants. Grants and charitaNe d(Thts'ons are accounted for when paid over Actmbes thCtty related to the work of the church.. The diocesan psh shar• M a¢counled for when payable. Monetary Assets: The church monies are Tr)1 he in segregated a¢Int$, trArt for Ihe sake of this financial Statnent the total of each account 18 allocated separately over Ihe vanou5 funds Donabom towards Cth'klren's Worker Employmwrt. Regular desonated donatn8 and grants r8ceNed during the year. A transfer out was made to offset thffj cost in the G•neral Fund. Benefice Accounts: Includes Central costs such as clergy expenses and Adminisiraior salary Th8$• accounts recognise each pansh's share of these costs and their contn'bution to them. Mission Giving 10%: Each month 10% of all donations is set asKle for subsequent gthng to extemal charrties. The balance fr(#7) 2023 was grfled duriNJ 2024.
F055e Foodbank.. This has a separate Bank AccounL but is included wrthin the "netOfi PCC rosp(msikn'lty and annual report. Loans: This is the amount advanced by the neton Church & Churchyard trust. No speafic repayment has b88n agro8d. SnffiCant Creditors: There is an outstsndin9 transfer of £2,207 of Gift AKI from th• Kin•ton PCC bank account to the Fosae Foodbank bank account Transactlon8 to R•latsd Parti•s There were no transactions related parbes dunng the accounbng penod.
Movem•nt of Funds 19.471 74 1>9 .OT2 19 121) I 74.781 111L Ipd) 12. It)),. | a)2$ ff)0o•i•rfJ &•1• Xi?4 31ffj3 7ri 877 0.?38 2.8 1.268 .100 1440 17, ol 1D 2.OJO 3.Y42 tR••irt 2.75Q 2.5fy) 4Pr 7.1 , PA •nO J17 17• 1, g Pcdnl ?.7 &lyr¥wl ¥nO Prqe 229• 2.•or Joi ' Churthy•O i.ify) 1.7 IH•mThci•dl X2.JS2 ZT 443 i.'eK*J Tol•l .IDD 00.LJ,'