sr PETER'S ATTHE CR05S The Paiochial Chiii'ch Council of the Ecclesiastical Pai'ish of Che,stei' Saint Petei. Annual Report and Financial Statements for the 12 months ended 318t December 2024 Charity No 1174067
ST PETER'S ATTHECRO55 Contents Administrative Information Annual Report Statement of Parochial Church Council's Responsibilities Independent Examiner's Report 10 Statement of Financial Aetivities 11 Balance Sheet 12 Accounting Policies 13 Notes to the accounts 15 st Peter's Vision: To see the city of Chester transformed by God's love., CORE Mission: Communities, Outreach, Relationships and Eventsfor Unity.
ST PETER'S ATTHE CROSS Administrative Information In post at 31 December 2024: Vicar Associate Minister Rev'd Jonathan Phillips Rev'd Michael Leyden Wardens David Hobson Jonathan Pri Elected Members Darren Andrews Julian Annison Jane Brocklehurst Jo-Patsy Coates Peter Coates Ann Hughes Nev Kite Emily Stanton-owen Secretary Bridget Hobson Electoral Roll Secretary Bridget Hobson Treasurer Nev Kite Deanery Synod John Lancaster Tim Passey Lizzie Wiffen Independent Examiner Robert Pearl BEng Bsc ACA Xeinadin North West Limited Chartered Accountants 2 Hilliards Court Chester Business Park Chester CH4 9QP Principal Address St Peter's Church Watergate Street Chester CH12LA St Peter's Vision: To see the city of Chester transformed by God's love., CORE Mission: Communities, Outreach, Relationships and Eventsfor Unity.
ST PETER'S ATTHE CROSS Annual Report Background The benefice and parish of Chester, Saint Peter was created by a Pastoral Scheme of the th Church Commissioners dated the 25 June 2015 and signed by the Bishop of Chester. The st Scheme came into operation from the 1 July 2015. Before then, St Peters was part of the benefice of Chester, Saint Peter with Saint John and operated as an Ecumenical Centre. The Parochial Church Council (PCC) of the Ecclesiastical Parish of Chester Saint Peter was st therefore a completely new organisation and charity on the 1 of July 2015 and the first annual st report and financial statements were prepared for the six months to 31 December 2015. This is the ninth full year annual report and financial statements and covers the trNelve months to 31 December 2024. The charity has been registered with The Charity Commission since 1 August 2017. st The PCC of Chester Saint Peter has the responsibility of co-operating with the incumbent in promoting in the parish the whole mission of the church: pastoral, evangelistic, social and ecumenical. It also has the Maintenan responsibilities for St Peter's Church. The PCC operates under the Parochial Church Council Powers Measure. Membershlp Membership of the PCC is ex-officio, co-opted or elected by the Annual Parochial Church Meeting (APCM) in accordance with the Church Representation Rules. These can be found in Synodical Measure 1969 (No 2) in the Office of Public Sector Information database. During the year the following senied as members throughout the whole 12 months (unless otherwise stated): Ex-officio members: Vicar Rev'd Jonathan Phillips Associate Minister Rev'd Michael Leyden Wardens David Hobson Jonathan Price Deanery Synod Reps John Lancaster (from 22 April 2024) Tim Passey (from 24 September 2024) Lizzie Wiffen (from 22 April 2024) Elected members Darren Andrews Katie Andrews (to 22 April 2024) Julian Annison Jane Brocklehurst (from 22 April 2024) Jo-Patsy Coates (from 22 April 2024) Peter Coates (from 22 April 2024) Matthew Hicks (from 16 January 2024 to 18 November 2024) Ann Hughes (from 22 April 2024) Nev Kiie Daniel Percey (to 21 May 2024) Emily Stanton-owen (from 11 March 2024 to 21 January 2025) St Peterfs Vision: To see the city of Chester transformed by God's love., CORE Mission: Communities, Outreoch, Relationships and Eventsfor Unity.
ST PETER'S ATTHE CROSS Committees The PCC met six times during 2024, five meetings were held in St Peter's and one meeting was online, using Teams. There was also a further extraordinary meeting held at the church in October at which Buttress, the architects, presented the feasibility study and possible options for the building development. Regular reports are received from the Vicar on Ministry and Mission, including updates on Mission Beyond our Borders. In addition. there are regular reports on Finance. including discussions on the Budget, Fabric, The Building Development Project Team, Night Church and Street Angels, reports from the Safeguarding Subcommittee, on Inclusivity and from the Deanery Synod. Other business has included a focus on the Café, reviewing our policies and outreach with the local community in various ways, and the One City Plan. All PCC members have had a DBS check, as required by the Diocese, and all new members are safely recruited under the St Peter's volunteer policy. Two lay members have resigned during the course of the year and Tim Passey was elected as a third Deanery Synod representative and joined the PCC by virtue of that appointment. Standing Committee This is the only committee required by law, consisting of Vicar, Wardens and Treasurer. It has the power to transact the business of the PCC beeen its meetings, subject to directions given by the council. During 2024 the Standing Committee met when needed. Flnance Committee The Finance Committee consists of Nev Kite. Jonathan Phillips, Jane Kite, and David Hobson. Most finance business was conducted by email or ad-hoc discussions as required. Fabrlc Commlttee Jonathan pri (chair), clergy & others at Jonathan's discretion. Cafe Management Commlttee The Café Management Committee consists of the Café manager (Denise Beech), Jonathan Phillips, Nev Kite, Darren Andrews and Ann Hughes. This committee was formed to manage the Café and also to support the Café Manager in a time of change for the Café and Shop. We are also grateful to Bridget Hobson for acting as Electoral Roll Officer through the year. Objectives and Activities The PCC is committed to enabling as many people as possible to worship at our church and to become part of our parish community. The PCC maintains an overview of worship and makes suggestions on how our services can involve the different groups that live within our parish. Our services and worship put faith into practi through prayer and scripture, music and sacrament. When planning our activities for the year, the incumbent and the PCC have considered the Charity Commission's guidan on public benefit and. in particular, the specific guidance on charities for the advancement of religion. In particular, we try to enable ordinary people to live out their faith as part of our parish community through: St Peterfs Vision: To see the city of Chester transformed by God's love., CORE Mission: Communities, Outreach, Relationships and Eventsfor Unity.
srpETER'S AT TliE CROSS Worship and prayer, learning about the Gospel, and developing their knowledge and trust in Jesus. Provision of pastoral care for people and businesses in the parish. Missionary and outreach work. To facilitate this work it is important that we maintain the fabric of St Peter's Church. Building Project Following the appointment of architects in 2021 to help develop plans for the conservation and sensitive reordering of the chLirch building, the BLiilding Development Project Team continLied to meet regularly in 2024. A detailed structural survey of the building was commissioned in readiness for the building project and this revealed, in early 2023, a significant issue with the east wall. This resulted in the building being closed for 4 weeks in Februarylmarch 2023 while a temporary solution was put in pla. The permanent solution proposed by the Conservation Engineer and supported by the church architect has been agreed by the PCC. Following successful grant applications in 2024 to UK Shared Prosperity Fund (£80,860) and National Churches Trust (£40,000) the PCC appointed contractors to carry out this work. This work is due to be completed in March 2025. Achievements and Performance of our Core Mlssion {Communities, Outreach, Relationships and Events for Unity) Communities of Worshi and Pra er Our Sunday worshipping communities (9.15am and 10.30am services) continue to grow. We have been encouraged seeing the positive impact on people's lives by the welcome, the refreshments, the teaching, the sung worship, the times of discussion and the informal style and layout. Our Tuesday worshipping community attracts 15+ people for the act of worship and Café customers who regularly stay. This gives us the opportunity to communicate our vision and objectives to hundreds of guests who come to our Café, and who may stay and listen to the short time of reflection each Tuesday. The PCC decided to reduce our live-streaming offer last year so that we could focus on live streaming our intergenerational 10.30am service. This has allowed us to continue our commitment to enable those people who are unable or hesitant to join services in the building but appreciate being able to join services online. We also continue to reach out to nevi people through using Facebook as our online platform. All are welcome to attend our regular sep4ices. At present there are 56 people on the Church Electoral Roll (2024: 65), two of whom are resident in the parish. The remainder are not resident in the parish. A new roll was prepared in April 2025. The average weekly adult attendan on Sunday mornings during 2024 was 50 (2023: 50). Outreach to the Communi The Community Café is now back to pre-pandemic levels of activity. Our big give-away projects continue to be received with enthusiasm, and the support of the local community through
sfpEfER'S ATTHE CR05 chaplaincy and other resident-focussed events continues to open up new opportunities for how we facilitate transformation in the city. St Peterfs Café The Café remained open to welcome visitors for the whole of 2024. The Café h'as been open from 11.00am to 4.00pm each day from Tuesday to Saturday, offering a place of welcome and refreshment to people living in the parish as well as the many visitors who come into the centre of Chester. We continue to be very grateful to our Café Manager, Denise Beech, for all the tireless work she puts in to keep the Café running smoothly, to the Café Chaplains who are on hand to provide a listening ear or comforting words for anyone in need of them, and also to all the volunteers who regularly come to serve, clear tables and generally enable us to keep the Café open. We have taken the opportunity of our 2025 closure to rebrand and relaunch our Café - there will be a lot more to report on this in next year's report. We will continue with all our present partnerships in the city (ie Dial House) but we will be developing new ones and diversifying our menu. Relationshi s both IoGal and further afield Mission Beyond Our Borders Helping those in need is a demonstration of our faith. A small group called Mission Beyond Our Borders was set up in 2022 to identify missionaries and others who were already being supported by members of the church, and to make proposals for mission giving by the PCC. In December 2022, six recipients, a combination of organisations and individuals, were proposed and donations totalling £2,000 were made. We continue to support these people through prayer, correspondence and inviting them to speak. This group has continued to meet and promote our mission partners but the PCC felt it was appropriate that no more finance should be directed through this group until our finances allowed. Deanery and Diocesan Synod The incumbent, Rev'd Jonathan Phillips, John Lancaster, Lizzie Wiffen and Tim Passey sit on the Deanery Synod. Rev'd Jonathan and John L also sit on the Diocesan Synod. This provides the PCC with an important link between the parish and the wider structures of the church, City Relationships Rev'd Jonathan Phillips, the Café team and several volunteers work hard to maintain our relationships with different groups in the city: the Council, the local residents, the shops etc. We host local resident lunches, CRAG (Chester Residents Association Group), Christmas services for the City Club, Night Church, Street Angels and art and wellbeing workshops. Our relationship with the Freemen and Guilds is growing and we have run several community- enriching fijndraising events together in 202312024. Night Church and Street Angpls are cited as part of the reason Chester has been successful in retaining its Purple Flag status. Events for Uni Ecumenical Relationshi
STPEfER'S ATIHECROSS I i.oiiin St Peterfs is a member of Churches Together and Link Up in Chester. Under the banner of Unity at the Cross, St Peterfs hosts three ecumenical prayer gatherings throughout the year for Church leaders and hosts three ecumenical ServIS and outreaches: Resurrection at the Cross, Pentecost at the Cross, and Nativity at the Cross. St Peter's vision, 'to see the city of Chester transformed by God's love, is a big one and is appreciated by many across the city. Our charitable status and support we receive owing to being a charity is invaluable to us and a great support. We look forward to a fruifful and exciting 2025 as we move into revitalising our Café and embarking on the next stage of the development of our building. Flnancial Review of the year The finance team consists of two members, a treasurer (Nev Kite) and, for the Café, an assistant treasurer (Fred Warren). This is the PCC'S ninth full year of operation. The financial statements contained in this report sl cover the period of blvelve months to 31 Dember 2024. The PCC operated with the following funds in 2024.. General Fund - unrestricted and for the general upkeep and running of the church Café Fund - unrestricted but designated for budgeting and financial control purposes, This is for the Café and Shop income and direct expenses. A proportion of overhead costs, such as utilities, cleaning and clergy costs, are also allocated to this fund. Parish Investment Fund - this designated fund was created following a gift of just over £100,000 from the Diocese in May 2021. This sum came from the sale of covenants at a former church in the parish and was gifted by the DI0Se to the PCC of Chester, St Peter with the suggestion, but not an obligation, that it could be used towards building improvements at St Peter's. Development Fund - this restricted fund was inherited from the Ecumenical Centre and is to be used for significant development of the missional activities within St Peter's, including expenditure on ministry and significant changes to the fabric or facilities of St Peter's in support of such activities, but not including the payment of parish share. rd rd 3 Space Fund - restricted for 3 spa (WellBart) grants, donations and direct costs. Mission Fund - restricted to supporting mission outside the parish. This fund had a nil balance at 31 Dember 2024. Stained-glass Windows Fund - this designated fund was created following the receipt of an insurance claim (£15.634) in 2022 for damage to the stained-glass windows. Approximately half was spent in 2023 and the remainder is expected to be spent in 2025 following the completion of the permanent repairs to the east wall. A Meal For Everyone Fund - this restricted fund was created following a fund-raising event organised by the Mitchell Group in December 2022 with the prOedS to be used for putting on evenings, once per week during the darkest months of the year, where people come together at St Peter's to help prepare a meal, eat together and enjoy community. Due to the issue with the east wall, these meals have been suspended since February 2023. Save The Planet Fund - this fund was created in 2023 following receipt of grant funding, jointly with Chester Cathedral, to run children's activities in the summer holiday on the theme of'save The Planet.. The activity ran in 2023 and 2024, but it is unknown whether it will run again in 2025. The fund had a nil balance at the end of 2024.
t.: ST PETER'S ATTHE CROSS Friends of the Building - this fund was set up to encourage local individuals and organisations who value St Peter's church as a building to be able to contribute towards its maintenance, repair and development. Financial controls and financial management policies have been kept under review during the year. A budget for 2025 was presented to the PCC in January 2025 and approved. The main sources of income in the year continued to be donations, and gift aid, from the Sunday morning congregation together with Café and Shop takings. Anonymous cash donations into the offertory boxes were also received from visitors to the church and the prayer room. Total donations were slightly (2 /0) lower than in the previous year, which was boosted by some large one-off donations in response to the east wall issue, but did include a legacy gift of £10,000. All expenditure in the bNelve months has been to support the mission of the church: pastoral, evangelistic, social and ecumenical and a detailed breakdown is given in note 2f to the financial statements. Investment policy and objectives: Cash balances are held between two CAF Bank accounts and a deposit account at Charity Bank. CAF Bank is owned and operated by a charity, and is exclusively for charities and not-for-profit organizations. It claims to have high ethical values and is a member of Ihe Financial Services Compensation Scheme. Charity Bank is also an ethical bank set up to support charities and social enterprises. The PCC takes a cautious approach to investment as any of these funds could be needed at fairly short notice. All funds, other than the Mission Fund and Save The Planet Fund (nil balances), ended the year with positive reserves. The unrestrictedldesignated funds had a combined deficit in 2024 of £12,898 (2023 deficit: £40,825). The 2024 deficit was largely due to professional fees related to the permanent repair work on the east wall, which should be recoverable from grants in 2025. Reserve Policy The PCC is aware of the need to maintain adequate resenies and cash balances to ensure the ongoing normal operation of the Café and church. A minimum of three months operating costs sl will be kept in the combined General and Café funds. At 31 December 2024 this was.. 3 months expenditure £27,570 £15,575 £43,145 Actual reserve (excl Fixed Assets) £73,940 £8,141 £82,081 General: Café.. Total.. St Peterfs Church is an old and historic building and the PCC is aware of a number of fabric issues which require attention and finance. The process of re-ordering the inside of the church and Café to make it better suited to the vision of the PCC started in 2016 and is expected to require significant funds in 2025 and beyond. For this reason, no maximum reserve has been set at this point.
ST PETER'S ATTHE CR05S ststement of Parochial Church Council's Responsibilities The PCC recognises its responsibility under the Charities Act 2011 to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the PCC and its surplus or deficit for that period. In preparing those financial statements we are required to: select suitable accounting policies and apply them consistently; make reasonable and prudent judgements and estimates., prepare the financial statements on the going concern basis unless it is inappropriate to presume that the PCC will continue. We are also responsible for.. keeping proper accounting records; safeguarding the PCC'S assets; taking reasonable steps for the prevention and detection of fraud. ensuring the PCC complies with relevant laws and regulations including Health and Safety, Safeguarding, Employment and Charity legislation. The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity's governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland amended 1 January 2019. Thls report was approved by the PCC on "7/J2025 And Slgned On Thelr Behalf By: Name. Rev Jonathan Phillips Position: Vicar Date.. IL April 2025 St Peterfs Vision: 'To see the city of Chester transformed by God's love., CORE Mission: Communities, Outreach, Relationships and Eventsfor Unity.
ST PETER'S ATTHE CROSS INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE PCC OF THE ECCLE51ASTICAL PARISH OF CHESTER SAINT PETER I report to the trustees on my examination of the accounts of the charity for the year ended 31, December 2024, which are set out on pages 11 to 19. Responslbilities and basis of report As the charity trustees, you are responsible for the preparation of the accounts in accordance with the Charities Act 2011 {"the ACV,). I report in respect of my examination of the Charity's accounts carried out under Section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable directions given by the Charity Commission under section 145151(bl of the Act. Independent examlner's statement I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe in, any material respect,: the accounting records were not kept in accordance with section 130 of the Charities Act; or the accounts did not accord with the accounting records; or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than anv requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Robert Pearl BEng 8Sc ACA Xeinadin North West Limited Chartered Accountants 2 Hilliards Court Chester Business Park CHESTER CH4 9QP 2025 10 St Peterfs Vision: To see the city of Chester transformed by God's love., CORE Mission: Communities Outreach, Relationships and Eventsfor Unity.
sr PETER'S ATTHECROSS v.Y st Statement of Financial Activities for the 12 months ended 31 December 2024 Uiif&st(icl¥d Designaied Funds Fund5 ReslriGled Funds Tolal Funds Notes Pnor Year Income and endowments from: Donations and18gacies Income from charitable activities 103,192 1,100 150 104,442 106,296 2b 9,721 66,757 1,312 77,790 76,912 Olher Irading aclivilies Investments 2c 337 337 645 2d 4,266 4,266 3, 776 Other income 62 62 29 Total income 117,179 68,256 1,462 186,897 187,658 Expendltur• on: Raising funds 2f 30 122 152 505 Expenditure on charitabl8 8clivities Other expenditure Total expenditure 96,791 229 100,669 1.471 198,931 246,336 2g 492 721 911 97,050 101,283 1,471 199,804 247, 752 Gains I losses on inveslment assets Net income l (expenditure)before transfers 20,129 (33,027) 19) (12,907) (60,094) Transfers Gross transfers beeen funds- in 10,000 10,000 15,000 Gross transfers be08n funds - out 110,0001 (10,000) (15,000) Net movement in funds 10,129 123,027) (9) 112,907) (60,094) Re¢on¢iliation of fund5 Total funds brought forward at 1. January 2024 78,418 90,752 6,895 176,065 236, 159 Total funds carried forward 88,547 67,725 6,886 163,158 176,065 11 St Peterfs Vision: 'To see the city of Chester transformed by God's love., CORE Mission: Communities, Outreach, Relationships ond Eventsfor Unity.
ST PETER'S ATTtr4C CROSS st Balance sheet as at 31 December 2024 Unrestri¢led Funds Designated Funds Restricted Funds Total Funds Noles Prior Y8ar Flxed assets Fixtures & Fittings Equipment 14.606 14.606 1,455 16,061 17,851 3, 737 20,988 1,455 1,455 14,606 Current assets Debtors Cash at bank and in hand 4,731 70,547 75,278 293 69,808 70,101 5.031 147,250 152,281 6, 860 153,491 160,351 6,895 6,902 Liabilities Creditors.. Amounts falling due in one year (1,337) (3,831) (16) {5,184) (5,274) Net current assets less current Ilabllltles 73,941 66,270 6,886 147,097 155,077 Total assets less curnnt Ilabllllles 88,547 67,725 6,886 163,158 176,065 Total net assets less liabilities 88,547 67,725 6,886 163,158 176,065 Represenled by Unrestricted .' General fund 88.547 88,547 78,418 Oeslgnated '. Café fund Parish Investment Stained-glass windows 9,596 50,791 7,338 9,596 50,791 7,338 16,271 67, 143 7,338 Restricted '. 3" Space fund 95 95 179 Development fund 1,388 1,386 1,386 Frlends of the Bullding 811 661 Save The Planet 135 A Meal For Everyone 4,594 4.594 4,594 Total funds of the church 88.547 67.725 6.886 163.158 176.065 The finaneial statements were, appN)ve(I by the trustees on 2025. Signe(l on behaifofthe PCC by.. Name Rev Jonatlknin Phillips Date Il April 2025 12 St Peterfs Vision: To see the city of Chester transformed by God's love., CORE Mission: Communities, Outreach, Relationships and Eventsfor Unity.
ST PETER'S ATTHE CROSS Note8 to the accounts l Accounting Po]icie8 The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows a) Basis of preparation The financial statement8 have been prp.pAred under e.urrpnt ehurch Ae.enunting Regulations and in accordance with Accounting and Reporting by Charities Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019) . (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). The PCC meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical c08t or transaction value unles8 Otherwise stated in the relevant accounting policy note(s). h) Pre.pgrat.inn nf t.hA gc.r.ni.IntA IA nn a gning rnneA4rn haAiS1 The charity recorded a deficit of £12,907 in the twelve months to 31st December 2024. However, total reserves at the end of the year amounted to £163, 158 and net current assets were £147,097. The trustees are of the view that on this basis the charity is a going concern. c) Income Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably. Donations and collections are recognised when received by or on the behalf of the PCC. Income tax recoverable (Gift Aid) ib accouiited foi. oi)ce Ilie doi)aLioii Lo wliicli AL ielaLes lias beeii received by Llie PCC. Café and shop sales are primarily in cash and are accounted for when received by the PCC. Income from governjnent and other grants, whether "capital" grants or "revenue" grants, is recognised when the charity has entitlement to the nds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliabls, and is not deferred. •• d) Interest receivable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity. this is normally upon notification of the intere8t paid or payable by the Bank. e) Fund accounting Unrestricted funds are available to spend on activities that rther any of the purposes of charity. Designated ndS are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose or for budgeting and rcporting accurac}'. Rcstrictcd ndS arc donations Nl'hich thc donor, or grant makcr, has specified are to be solely used for particular areas of the PCC'S activities. 13 St Peterfs Vision: To see the city of Chester transformed by God's love., CORE Mission: Communities, Outreach, Relc7tionships and Eventslor Unity.
ST PETER'S ATTHE CROSS O Expenditure and irrecoverable VAT Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. The charity is not registered for VAT and all VAT is charged as a cost against the activity for which the expenditure was incurred. g) Allocation of support costs Support costs are those functions that assist the work of the charity but do not directly uiidvi'takg cliaL'itdble aL"Livitigt>. Suppul't C'uliti iiiclude ddwiiiitLI'atiuii aiid uLliei' Lut?tèi, and governan costs. The bases on which support and other overhead costs have been apportioned are set out in note 3. h) Operating leases The charity classifies the lease of printing, equipment as an operating lease the title to the equipment remains Wlth the lessor. Rental charges are charged on a straight line basis over the term of the lease. i) Tangible fixed assets Individual fixed assets costing £1,000 or more are capitalised at cost and are depreciated over their estlllldted useful econOlC lives on a straight line basis. Fixtures aIid Fittings are depreciated at 10 % per annum and Equipment at 250/0 per annum. j) Stock Café purchases of food and drink supplies are taken as a cafe expenses. Purchases are on a regular basis to keep stored items to a minimum. There is no stock on the balance sheet. The church has a small shop selling mainly Christianity related items but also some Chester and surrounding area items that may be of interest to tourists who visit the church. Purchases are taken as a shop expense and again there is no stock on the balance sheet. k) Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. i) Cash at bank and in hand Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. m) Creditors and provisions Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of ndS to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. 14 St Peter's Vision: 'To see the city of Chester transformed by God s love., CORE Mission: Communities, Outreach, Relationships and Eventsfor Unity.
ST PETER'S 7•V• ATTHE CRLSS 2 Analy818 of income and expenditure 2a Donatlons and legacies Unrestricted Designated (General} Restricted Funds Total 2024 Total 2023 Donations 78,673 717 1,100 120 79,893 717 79,030 3, 727 5,324 18,215 Fundraising income Church boxes 7,419 16,383 7,419 16,413 Gift Aid 30 Total 103,192 1,100 150 104,442 106,296 2b Income from charitable activities Unrestricted Designaled (General) Reslricled Funds Total 2024 Total 2023 Cafe cash donations via till 451 Grants 5,662 1,312 6,974 7,491 10,249 4,493 247 Payments for church events PCC fees 7,491 Hire of church 910 910 300 Cafe sales 61,095 61,095 1,320 77,790 58,952 2,220 Night Church contribution 1,320 Tot81 9,721 66,757 1,312 76,912 2c Other trading activities Unrestricled Designated (General) Restrictéd Funds Total 2024 Total 2023 Shop salès 337 337 645 Total 337 337 645 2d Investments Unreslricled Designated (General) Reslricled Funds Total 2024 Total 2023 Bank Interest 4.266 4,266 4,266 3, 776 3, 776 Tolal 4,266 2e Other income Unrestricted Designated (General) Restricted Funds Total 2024 Total 2023 Commission on Fairtrade sales 62 62 29 Total 62 62 29 INCOME GRAND TOTAL 117,179 68,256 1,462 186,897 187,658 15 St Peterfs Vision: To see the city of Chester transformed by God's love., CORE Mission: Communities, Outreach, Relationships and Eventsfor Unity.
ST PETER'S ATT4E CROSS 2f Raising funds unStricted Designated (Generall Restricted Funds Total 2024 Total 2023 Shop purchases Fundraising costs 122 122 323 30 30 182 Total 30 122 152 505 2g Expenditure on charitable activities Unrestricted Designated (General) Restricted Funds Totsl 2024 Total 2023 Parish Share 60,275 144 15,069 36 75,344 180 71,757 180 Link Up Clergy Travel Clergy other Clergy housing ChLtrch utilities 179 45 224 100 762 83 845 809 3,384 2,284 235 846 4,230 9,010 672 4,298 5,057 45,788 4,589 3,722 1,372 1,480 76 6,726 437 Church repairs and maintenance Church cleaning Insurance 807 2,420 581 3,227 3,875 1,204 963 3,294 1,204 Cost of Services Church outreach Children & Youth 188 363 551 Church Mission 750 Church events 7,435 220 7,435 235 4,053 307 Pholocopier and printing Computer and IT Other office costs 1,467 214 182 1,649 238 1,167 356 24 Cafe food purchases Cafe drinks purchases 16,118 3,417 16,118 3,417 14,733 3,524 Cafe equipment purchases 682 682 2,281 Cafe other direct cosls 3,190 3,190 2,644 Café chaplaincy Salaries 6,529 26,260 1,083 18 33,872 18 29,724 107 3rd Space Professional Fees 3,008 3,846 352 23,113 1,081 352 26,121 4,927 704 40,010 6,864 586 Depreciation Govemance costs Expenditure on charitable aclivities 96,791 100,669 1,471 198,931 246.336 Other expenditure- bank charges 229 492 721 911 EXPENDITURE GRAND TOTAL 97,050 101,283 1,471 199,804 247,752 16 St Peter's Vision: To see the city of Chester transformed by God's love., CORE Mission: Communities, Outreach, Relationships and Eventsfor Unity.
ST PETER'S ATTHE CROSS 3 Support Costs Where possible, costs have been allocated directly to the fund for which they were incurred. It 18 not always p08sible to do this so support Costs have been allocated to the Fund8 as follow8 Unreslricled (General) Designated {Cafél Restricted Funds Total 2024 Total 2023 Parish Share 800 200h 0% 100•A 100% Clergy costs, excluding training Church utilities 80% 200/0 100Q 100% 20% 80% 0% 100% 100% Church cleaning Insurance 25% 75% 0% 100% 100% 100% 100% 850 50% 15% 50% 0% Govemanc8 0% 100Y• too% 4 Analy818 of 8taff c08t8, tru8tee remuneration and expell8e8 2024 Tolal 2023 Wages and salaries.. Social security costs- Pension costs.. Total staff costs.. 32.952 28,888 920 33,872 836 29,724 Average number of employees in the period.. Full time equivalent With the exception of Ann Hughes, who was paid a total of £1,887.50 in the year for her work as Café Manager Cover, the charity trusiees were not paid and did not receive any other benefits from employment with the Charity. Expenses of the Charity Paid for by trustees were reimbursed on production of a valid receipt. No cha(ily Iruslee received paymenl for professional or olher services supplied lo Ihe charity. Total expenses reimbursed to trustees for expenses incurred on behalf of the Charity amounted to £4,814 in the year. Expenses included materials for services, teaching materials, books, equipment and food purchased for outreach events, vicar's mobile phone costs as well as items for children 8nd youth 8nd for the café. 5 trustees reiVed reimbursement of expenses. 5 Fixed A88et8 Equipment {£) Fixtures & Fittings 1£) Tctal 1£) Cost As at 01101124 Additions Disposals As at 31112124 17,218 32,460 49,678 17,218 32,460 49,678 Depreciation As at 01101124 Charge for Ihe year As at 31112124 14,081 1,681 15,162 14,609 28,690 4,927 33,617 11,855 Net Book Value as at 31112124 Net Book Value as at 31112123 1,456 3,137 14,605 17,851 16,061 20,988 17 St Peter's Vlslon: To see the city of Chester transformed by God's love., CORE Mission: Communities Outreach, Rel(7tionships and Eventsfor Unity.
r PETER'S AT I'HF. CROSS 6 Debtor8 Unrestricted Designated (General) Restricted Funds Total 2023 Total 2024 Income tax recovérable 3,768 648 3,775 810 3,647 773 71 Pre-paid Council Tax Pre-paid water bills Pre-paid Renlokil invoice Prepayment lo Clovedey Hall Dèc cash donation banked Jan Dec café & shop takings banked Jan Dial Wesl cheshi Dec recharge LPOW grant rec'd Jan 162 15 59 74 112 300 300 300 100 81 117 72 72 1,659 Tolal 4,731 293 5,031 6,860 7 Liabilitie8 falling due in le8B t11 l year Unreslricled Designated (General) Restricted Funds Totsl 2024 Total 2023 Tr8de Creditors 281 2,413 764 2,693 955 3,067 1,159 Accrued Utility Costs Accrued Clergy Housing Costs Accrued Bank Charges Toilet Twinning donations lo be paid out Independent Examiner Fee HMRC for PAYE 191 324 81 405 41 41 57 214 300 300 600 500 273 273 277 Agèncy Collections (Chester Fairtradingl Street Angels {Jan-Feb 2025 paid in advance) Total 16 16 200 200 1,337 3,831 16 5,184 5,274 18 St Peter's Vision: To see the city of Chester transformed by God's love., CORE Mission: Communities, Outreach, Relationships and Eventsfor Unity.
ST PETER'S ryI• ATTHE r-jcOSS 8 Fund mov8ment by typ Opening Incoming Outyoing Transfers C105ing GEN - General Unrestricted 78,418 117,179 (97,050) (10,000) 88,547 CAFE - Cafe D&signaled 16,271 61,494 (78,1691 10,000 9,596 Pl - Parish Investment Designated 67,143 6,762 123,113) 50,792 SGW- Sialned4Jlass windows Designated 7,338 7,338 3- Space Restricted 119 125) 94 AMFE- A Meal For Everyone Restricted 4,594 4,594 FRIENDS- Friends of the Building Restricted 661 150 811 SPCC- Save Planet Restricted 135 1,312 11,447) DEV- Development Fund Restricted 1,386 1,386 Grand total 176,065 186,897 (199,804) 163,158 9 Related party tran8action8 Tlieie wei'e iio iElated p,LY Lransactioiis iii 2023. 111 2024 ]11 I.lugliet>, wlio became a trustee in April 2024, was paid a total of £1,887.50 for working as Café Manager Cover. 19 St Peter's Vision: 'To see the city of Chester transformed by God s love., CORE Mission: Communities, Outreach, Relationships and Eventsfor Unity.