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← The Parochial Church Council Of The Ecclesiastical Parish Of St Mary's Walsgrave

2024-12-31-accounts

APCM 2025

St. Mary’s Coventry Reports for 2024

Vestry Meeting Agenda........................................................................................................................... 2 APCM Agenda.......................................................................................................................................... 2 Minutes of the Annual Parochial Church Meeting & Vestry Meeting......................................................................................................................................3 APCM Reports..........................................................................................................................................4 Change in Membership - Electoral Roll................................................................................................4 Vicar & PCC Report..............................................................................................................................5 Financial Reports & Audited Accounts............................................................................................... 10 Treasurer's Report – end of year 2024...............................................................................................10 Fabric, Goods and Ornaments Report................................................................................................11 Church Wardens Report..................................................................................................................... 11 Report of Deanery Synod................................................................................................................... 11 Additional Reports.................................................................................................................................12 Foundation Governor Report..............................................................................................................12 Eco-Church Report.............................................................................................................................12 Toilet Twinning....................................................................................................................................13 Bible Reading Fellowship Report....................................................................................................... 13 Bell Ringing Report.............................................................................................................................14

1

Vestry Meeting Agenda

a) Election of Clerk

APCM Agenda

a) Opening Prayers

b) Apologies for absence

f) Additional Reports

g) Elections and Appointments

2

Minutes of the Annual Parochial Church Meeting & Vestry Meeting

14th April 2024 at the 10.00am Service

Revd Tom Cook welcomed with prayer.

1. Attendance and Apologies:

The meeting was attended by 44 people in the congregation who were on the Electoral Roll. Apologies were received from Norris Poon.

2. Vestry Meeting.

Election of Clerk – Barbara Hancox had said that she was willing to carry out the role. Proposed by Tony Thistlewood, seconded by Margaret Morrison, all agreed.

Minutes of the Vestry Meeting 23[rd] April 2023 – these were agreed as a correct record.

Appointment of Churchwarden - Two nominations had been received and both were duly elected.

Jean Hudson, nominated by Ste Baker, seconded by Lorraine Baker.

Samuel Liggins, nominated by Jean Hudson, seconded by Barbara Hancox.

3.

Annual Parish Meeting.

The Minutes of the APCM 23[rd] April 2023 were signed as a correct record. Electoral Roll – 123 with 6 new members.

Churchwardens Report – no questions were raised.

Deanery Synod – Gary Croshaw gave a verbal report on the workings of the Deanery Synod which meets four times each year with St Mary’s allocated four representatives based on our electoral roll figure. A member has an automatic place on St Mary’s PCC.

Vicar’s Report – Rev Tom’s report was accepted, proposed by Ste Baker and seconded by Linda Hodgkiss. Tom said how pleased he was with the growth of the church with 30 to 40 young people attending the fortnightly Youth Club and he felt privileged to be able to lead St Mary’s. He highlighted the new services and groups which were being held from Lego Church to Celtic Worship, The Chosen and Connect 3. Debbie Cook spoke briefly about the upcoming event on the 5[th] May which will follow on from the shared lunch. It is proposed to carry out some work in the churchyard, including building a compost heap and installing bird feeders. This along with the use of Fair Trade tea and coffee in church will help us gain the Bronze award of the A Rocha Eco Church Programme.

Goods, Fabric & Ornaments Report – this was accepted, proposed by Mervyn Hancox, seconded by Matt White, all agreed.

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Treasurer’s Report – it was noted that Mervyn Hancox was standing down as Treasurer. He gave a brief outline of the financial position, with our costs increasing and our giving having plateaued and he explained the In/Out entries in the accounts in response to a question. Clive Wooff is taking up the role of Treasurer and will be leading a stewardship campaign, ‘The Hundred – Hundred’ later in the year.

Filemon Kauppinen agreed to take up the role of Assistant Treasurer but a book keeper is still needed to make up the Treasury Team. Acceptance of the report proposed by Clive Wooff and seconded by Gary Croshaw, all agreed.

Independent Examiner – it was proposed by Clive Wooff that our current accountants, Harrison, Beale and Owen by retained for a further year. Seconded by Lorraine Baker, all agreed.

Electoral Roll Officer – as nobody came forward at the meeting, this vacancy will be taken to the PCC.

Elections of persons to serve on PCC for 3 years – there had been two nominations and they were duly elected.

Lee Bettles, proposed by Mervyn Hancox and seconded by Ste Baker. Ben Baker, proposed by Ste Baker, seconded by Clive Wooff.

Election of persons to serve on Deanery Synod for 2 years – there had been one nomination who was duly elected.

Lorraine Baker, proposed by Gary Croshaw, seconded by Ste Baker.

Gary Croshaw addressed the meeting on behalf of PCC to express thanks to Barbara and Mervyn Hancox, who were standing down from their roles, for their commitment to St Mary’s over the years. He also wished to record thanks to Sue Williams who left this week as her post of Secretary to the Vicar was made redundant after 27 years.

APCM Reports

Change in Membership - Electoral Roll

The Electoral Roll is the official register of church members who live in the parish or have worshipped here for at least 6 months, have been baptized and are over the age of 16. We have just undertaken the 6 yearly complete revision of the roll whereby everyone has to come off and reapply. The total number on the roll is now 89 with 12 of those being new members. Those who are no longer on the roll through moving away etc number 51. New members can be added after the Annual Meeting so no doubt the total number will increase.

Barbara Hancox Electoral Roll Officer

4

Vicar & PCC Report

Vision and Direction

This year has been a year about embedding in our vision as a church. I have been delightfully surprised how deep it goes and how much seems to keep bringing me back to our vision time and time again. God gave us a vision ‘Growing Love and Faith that Transforms Lives’ . I see it shining through our liturgy, peeking through sermons and prayers, I find the natural nature of love and faith coming through in the conversations with people funeral families, when it comes to sharing faith with teenagers. God has such a deep love for all people, a life giving faith that continually transforms us and those around us.

I think we have done well at sharing and letting people know about the vision of the church. I feel that we do have more work to be done on the other elements of our visioning process. That of Priorities and Values. I think many people will know at least two out of three of our priorities. I think we have done well at communicating our Priorities of Small Groups & Young People. We have been working in the background a lot about the third, Irresistible Environments, and 2025 has seen this priority start to come into the foreground because of the work with APEC Architects. More on this in next years APCM report.

I love the values we identified as a community. These are: WELCOMING | FUN | GENEROUS | AFFIRMING .

There are so many ways where I see these in the life of our church but I think we need to more intentionally look to highlight and develop these more obviously in our community. We will be asking the PCC especially to take a lead in developing these areas. If you feel like you want to help then we eagerly encourage you to get in touch.

There has been a lot happening in the year and this report is just a snapshot of what has been happening.

How does the vicar spend his time?

I am regularly preparing and delivering many things throughout the year. Multiple services a week, preaching, regular prayers, weekly groups, school visits, PCC meetings, line management, many funerals, baptisms and the few weddings we have. As a member of clergy I have also contributed to the life of the diocese. I plan for community engagement events, spend time planning for a great Christmas and Easter Season. I also make sure that I spend time studying and deeping my own personal faith so that I might give out to others.

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You may not be interested to know but in addition to all the other things a vicar does I also make sure that I am growing personally and professionally in my journey as your priest.

Here is a little glimpse of the major bits of training I have been doing. I completed my ‘First Post of Primary Responsibility Course’ through the Diocese. A course that all new full time incumbents from the diocese go on. This involved multiple days training including two residential overnight training. This program is shared across multiple dioceses.

I am also on a new national pilot programme that looks to help priests engage better with Children, Young People and Families. This has been an exciting program working in partnership with clergy across the country and Trinity College and the national Church of England. I have also had the joy of being able to contribute because of our work on Lego Church.

Personally I have been reading some of the following books: Mere Christianity, The Resurrection of Jesus: A New Historiographical Approach, The Divine Dan: The Trinity and Your Transformation, The New Testament You Never Knew, Unruly, Divine Might, Growing Young, Thriving with Adult ADHD, Everyone Communicate Few Connect, How to Hear God: A Simple Guide for Normal People, Total Forgiveness.

Diocese Commitments

As part of being part of the wider church in the Diocese of Coventry I know it is part of my role to contribute to the wider life of the church. In addition to local church elements like Deanery Chapter and Synodd I limit myself to helping with only a few different areas. These area assisting with Curates. I am a Curate Enabler, in this capacity I give space to a team of curates to explore and process their experience of moving into full time ministry. I also am in groups that review the whole process of the training programme offered for curates. In line with our priority of Young People I am on the Strategy Group for ‘Growing Faith’. This group explore the relationship between Churches, Schools and the Home. It is trying to help families and young people grow spiritually with the help of all those areas. I have also become a ‘Member’ of Inspire Educational Trust. This is a minimal commitment and largely is responsible for appoint the Board of Directors for the Trust. In the last year I have also become a trustee of St Francis Employability that seeks to help people struggling with employment, especially refugees and those of the margins of society.

Organisational Restructuring

During 2024 the PCC decided to restructure the way the Church Worked. During this restructuring we saw paid role of Secretary to the Vicar disappear and the part-time role

6

of Operations Assistant created. Both roles have bought something special to the church. We want to thank Sue Williams for her dedicated service in her role over her tenure at St Mary’s.

PCC

I want to take this opportunity to thank the PCC for all they have done as a leadership team. We have been reading a book together called ‘Growing Young’ that explores how all generations benefit from integrating and releasing young people in our community. The PCC meets 10 times a year to help look at the different elements of church leadership and decision making.

Young People

Our Bi-monthly youth gatherings have continued to grow over the last year. We have had so much interest that we have had to increase our volunteers. We welcomed Min Street onto our team and she is proving to be a brilliant addition.

We took some of our young people away with Thrive Youth Ministries. There was a mixture of activities, worship, prayer and teaching. Although well intentioned and with fun activities it was not really suited to our young people due to most having come from a non-church background and this being rather intense.

We also held a free Youth Summer Camp in partnership with CVlife where we did football, archery, swimming pool trip, forest school stuff and much more. It was very appreciated by those who attended.

Our youth group has reached its maximum capacity and we have lots of new young people who would like to come but we are unable to accommodate them. If we could get 3 more volunteers from the congregation we would be able to double our current capacity.

Small Group

During 2024 we had a number of regular small groups running in the church. Connect3, Eco-Church, The Chosen, Celtic Worship, Bell-RInging. Over Lent we also had additional groups for Lectio and Alpha.

We had an ok attendance at our lent course and small groups but we tend to have the same few committed people coming to lots of the groups. It would be great to see more people from St Mary’s taking advantage of these wonderful opportunities to deepen their faith and grow deeper relationships in the church.

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We also saw the launch of Meeples which is a Board Game club that tries to connect people together through the fun of games.

Schools Engagement

2024 was a wonderful year for connecting with Walsgrave Church of England Academy. I continued to take weekly assemblies and run a weekly group talking about faith with Lego. This lego group ran until the summer of 2024 and we decided that it was not sustainable for the new academic year.

We welcomed the students to regularly worship at St Mary’s during Harvest, Christmas, Easter and at the end of the academic year. I have also had opportunities to to support with pastoral situations throughout the year.

I was also able to go into Grace Academy a number of times this year. I support the No More Knives Tour in June and then I was able to teach about Grace to year 7’s in the Autumn term.

Creative Outreach

I am constantly looking for creative ways to connect with our community and build relationship with them. Over 2024 we had a number of different attempts to build community. We had a Fun Day with inflatables around the church, activities within the church and live music performances outside the main entrance. At Halloween we were out sharing the love of God with Haribo & Hot Chocolate. We had a couple of craft type fairs where vendors could come in and sell their crafty goods. This raises some money for the church but was more about being able to be there in our community.

In September we were able to welcome more visitors into the church through the Heritage Weekend. This year we had a unique way of presenting the history of the church via the monarchs and what was happening in our church throughout that time.

Creative Worship

Lego Church has continued throughout 2024 providing a joyful and creative space for people to connect with God. 2024 saw our first ever Lego Church Baptism.

The 5pm Praise & Prayer service was a wonderful Sunday night time to sing and pray together. This attracted a small and committed group. After a while I decided that it had served a good purpose of reflection, praise and prayer but the time had come to finish it and try something new. I don’t believe that any time getting people together for worship is ever wasted and I really am thankful for all the conversations and thoughts shared over those sessions.

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Christmas

Christmas is a major time of outreach and connecting with our local community. This year we had another attempt at trying to do something unique to attract the attention of visitors. We had our Star of Wonder exhibition where children, families and local community groups made stars for the exhibition and people where able to come and see what had been created. We had a wonderful selection of different starts themed around environmental justice, answers to prayer, and much more.

The Christmas season was packed full of services. We had our Christamas Craft Fair, Lego Christmas, our 3pm Traditional Carol Service, Carols by Candlelight x2 one with the School Children's Choir and the other with a brass band, Christingle, Midnight Mass and Christmas Day. It was a joyful time. My prayer is that our occasional visitors will become regular attenders. The best way for this to happen is for our regular congregation to really use these well attended service to create connections with our guests and invite them back again.

Digital Giving

We were successful in getting chosen by the national Digital Giving Team to receive the Digital Giving Station that we use in church. This has led to an increased level of giving and it is more than paying for the cost of running the station.

My thoughts on finance

The PCC have been reviewing the financial situation and have decided that the money from the sale of the church hall is best spent on improving the site. If the money is left in the savings account then this will gradually dwindle down making up the deficit that we have each year. I like to talk about our operational funds and our development funds. The development fund is the money from the sale of the church hall to make improvements to better facility worship and mission in our community. And the operational fund is the income we get from donations and rent of the church. We are currently running a £14,000 deficit. As Mervyn pointed out in his treasurers report last year this is largely due really high energy rates. This means each year we need to take money from the development fund (savings accounts) to top up Parish Share and to pay our bills each year.

We have some incredibly generous members of our church who are supporting the mission of the church through their giving. However, depending on a few individuals is not a sound financial plan for our future. We need more members of our community to consider the Biblical practice of tithing (giving 10% of their income) to the building of God’s Kingdom through the work of St Mary’s. As a church you currently get a full time priest to yourselves however as a church you are not paying a full parish share that wholey covers a full time priest. If we want to continue to grow we must commit

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ourselves in prayer, service and giving to help the church flourish and help all people grow in love and faith that transforms lives.

Special Thanks

I want to extend my special thanks to our wonderful Church Wardens Jean Hudson and Samuel Liggins. Jean unfortunately had to step back from her duties towards the end of her term due to ill health but has continued to be a model of support and an invaluable friend over the last year. I also want to thank Rachel Hamilton for her dedication throughout various events and taking the initiative to do things for our church community.

I also want to thank Barabara Hancox, Ste Baker and Min Street for their faithfulness in serving in our youth group and enabling us to share the hope of Jesus with young people in our community.

Thank you to all those who have served faithfully in cleaning the church, reading, praying, preaching, welcoming and helping with the various other events we have helped throughout the year.

Financial Reports & Audited Accounts

Due to a complication the accounts are not able to be reviewed at this time. In line with guidance from the Diocese we will be adjourning the APCM at the end of our time together. Once we receive the audited accounts, the PCC approves the accounts, we will publish them for everyone and then hold an additional meeting for questions to be asked of the accounts. Thank you for your patience, grace and understanding with this delay.

– Treasurer's Report end of year 2024

I am sorry to have to report that we ended the year with a deficit of just over £16,500 as opposed to a deficit of just under £2,000 last year largely as a result of increased utility charges and church needs.

The planned giving by the congregation is the foundation of our finances but unfortunately decreased this year due to the difficult times so it would be good for the church if people could review (again in some cases) their level of giving to increase our income.

Thank you very much to all who have given donations, those committed regular giving and especially those who have increased their contributions during the year.

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The financial contribution from hiring out the Centre has increased. Revd Tom has found more cost-effective utility suppliers but these will not fully affect the utility charges until later in 2025.

The Church has had to take funds from its reserves to pay its bills and Parish Share.

On a personal note, I am now standing down as Treasurer and would like to thank everybody for their support this year, so if you would like to know more about the church financial position especially about giving through the Parish Giving Scheme or by Standing Order, please have a word with Gaynor Preston who is taking over the Treasurer role.

Clive Wooff

Fabric, Goods and Ornaments Report

There have been a few purchases and donations this year. There has been a purchase for a new set of Shelf in office space.

Due to damage to the roof of the octagon, which has been repaired with replacement lead and tiles, the carpet was damaged and new carpet has been fitted in the octagon. We paid a company to do carpet cleaning in the centre and church. We have purchased new speakers from the Noiseboys to help with day to day services and mission events. A donation of movable wall which was used around christmas and into 2025. We have borrowed a sound desk to help run different parts of our services. Elizabeth Hewitt made and has donated a new corporal veil. With donated money a Aspergillum and bowl purchased. We have contracted a bin service company to supply, empty and clean new bins for sanitary products in our toilets.

Church Wardens Report

As a church and a charity we rely on volunteers throughout the year to keep things running.

A thank you to all those who are on a rota from cleaning, reading, welcoming, intercessions and on teas and coffees.

Also a thank you to those who do things in the background that no one sees like opening the church for rentals, arrange flowers, organising different services such as brass bands.

Report of Deanery Synod

Along with Lorraine Baker I have the pleasure of representing St Mary's at the quarterly East Deanery Synod meetings. Rev'd Canon Claire Mc Arthuer chairs the meetings,

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which are held at a new Parish for each meeting.It is a good opportunity to meet other clergy and lay representatives , at most meetings a guest speaker is invited to attend. A standing item is for each Parish to report on the activities and any new initiatives being introduced , at the last meeting held at St Catherines, Stoke Aldermoor,I took the opportunity to report on the new modular style Sunday morning service format.

Gary Croshaw.

Additional Reports

Foundation Governor Report

Myself and Rev Amy Barker, from Walsgrave Baptist Church, are the two Foundation Governors on the Local Governing Committee of Walsgrave CofE Academy. I also hold the substitute ex-officio position in place of Rev Tom and have been the Chair of Governors since September 2023. Our specific responsibility, as Foundation Governors, is to help maintain and develop the Christian Distinctiveness of our school. We do this through our Local Governing Committee meetings, visits to the school and volunteering during regular school days or for specific activities.

Amy and I, alongside Rev Tom, also participated in a meeting with senior leaders at Walsgrave discussing potential updates to the school’s vision. This is still a work in progress.

Relationships between the church, school and its governors are strong and continue to build. It has been an enormous pleasure and privilege to represent the church on the school’s governing body.

Debbie Cook

Eco-Church Report

Eco Church continued to thrive during 2024. We achieved our A Rocha Eco Church Bronze Award in May. Some of the practical targets we met to achieve this award are; organic and Fairtrade tea and coffee for refreshments, increasing recycling, using recycled paper for printing, reducing the amount of printing, Twinning the church toilets, holding creation-themed services, working on our churchyard and hosting a Veganuary breakfast.

In June we welcomed children from Walsgrave CofE Academy during “Great Big Green Week” to complete nature-themed activities on the church grounds and Amy Barker from the Baptist Church held a Muddy Church session.

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In December we created a star from recycled materials which became part of the Christmas “Star of Wonder” exhibition. Additionally, as part of the Christmas Fair, we ran a stall creating paper decorations.

I also attended a whole-day Carbon Literacy training event to become qualified as “Carbon Literate”. I then completed a follow-up training to be able to deliver the “Carbon Confidence in an Hour” session to those in the local church and the wider diocese.

I would like to thank the whole church community for welcoming the adaptations we are making on our journey towards Net Zero. I’d also like to particularly thank the amazing Eco Church group volunteers who have been so faithful in meeting regularly to discuss and plan our next steps and then deliver in spiritual and practical ways.

Debbie Cook

Toilet Twinning

The idea to twin our toilets with those from around the world and, in the process to support the building of Toilets in more communities with many less facilities than ourselves came out of discussion in Eco church in summer 2024.

As part of our collections for harvest, which included contributions to the food bank as usual. We also asked members of St Mary’s to donate money towards the Toilet Twinning, which is organised by the TearFund Charity and I am delighted to say that just after Christmas we were able to complete the Toilet Twinning process, donating £180 in total for our 3 toilets.

Our toilets are now twinned with ones in Nepal, South Sudan and Uganda and you can see the posters in each of the toilets.

Thanks again to everyone for their generosity and support in this matter, Lorraine Baker April 2025.

Bible Reading Fellowship Report

I have been the BRF representative for the church for several years now, ordering and distributing daily reading notes 3 times a year. The Daily readings booklets are for the months January-April, May-August and September-December each year.

I currently have a stable number of subscribers, but am always happy to order more copies of the books if anyone else is interested in having a set Bible reading verse and a thought for the day, for every day of the year.

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The booklets are now £5.15 for each 4 month booklet and I have back copies available if anyone wants to have a look at the style of the booklet available.

There are also several apps for your phone available if you wanted to listen to something each day.

Please speak to Rev Tom or myself if you are interested.

Lorraine Baker April 2025.

Bell Ringing Report

Ringing has continued at St Mary’s and we have been able to support service ringing and weddings as required.

St Mary’s currently have 6 ringers, 3 of whom are new ringers. We have had a lot of interest in ringing with a number of people attending a trial session. Whilst they have not continued we hope to see some of them again when their circumstances make it possible. We continue to have a lot of support from ringers from other towers and we are extremely grateful for their time and efforts.

We have had a number of visitors. A number of quarter peals have been rung. We have also rung for special occasions, most recently VE Day 80 year anniversary, where the Walsgrave band rang for the first time without the support of our trainers.

We are hopeful that the St Mary’s ringers will be able to continue ringing and attracting more members over the coming year. Our practice is on Monday evenings from 7:30 – 9:00 pm. If anyone aged from 10 upwards would like to try bell ringing, please contact Bill Kelly or Norris Poon and make arrangements to come along, you will be most welcome.

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THE PAROCHIAL CHURCH COUNCIL OF THE

ECCLESIASTICAL PARISH OF

ST MARY'S WALSGRAVE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024

CHARITY NUMBER: 1174550

Harrison Beale & Owen Limited Chartered Accountants and Statutory Auditors Seven Stars House, 1 Wheler Road Coventry CV3 4LB

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY'S WALSGRAVE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024

Contents

Page
Income and Expenditure Account 1
Balance Sheet 2
Notes to the Accounts 3 & 4
Independent Examiner's Report 5

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY'S WALSGRAVE

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024

Note
Incoming resources
Incoming resources
from donors
1a
Other income
1b
Investment income
1c
Tote
Christmas fayre
Expenses
Church and centre upkeep
2
Parish Share
Sundries
3
Charities
Transfers
Deficit for the year		 Unrestricted
Funds
£
58,762
16,546
1,625
161
-
77,094
31,556
53,940
17,378
71
102,945
-
(25,851)		 Restricted
Funds
£
-
-
-
-
-
-
-
-
322
-
322
-
(322)		 Endowment
Funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-		 Total Funds
2024
2023
£
£
58,762
57,881
16,546
32,581
1,625
2,023
161
179
-
77,094
92,664
31,556
28,003
53,940
49,500
17,700
16,850
71
268
103,267
94,621
-
-
(26,173)
(1,957)		 Total Funds
2024
2023
£
£
58,762
57,881
16,546
32,581
1,625
2,023
161
179
-
77,094
92,664
31,556
28,003
53,940
49,500
17,700
16,850
71
268
103,267
94,621
-
-
(26,173)
(1,957)
92,664
28,003
49,500
16,850
268
94,621
-
(1,957)

1

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY'S WALSGRAVE

BALANCE SHEET AS AT 31 DECEMBER 2024

Tangible Assets (Net book value)
Equipment, fixtures and fittings
Investments (at cost)
Central Board of Finance
Charities Official Investment Fund
(see note below)
FundsNetwork investments
Coventry Building Society
Current Assets and Liabilities
Bank and cash
Sundry debtors
Sundry creditors
Net Assets
Funds
Unrestricted
Restricted
Endowment		 £
£
965
2,000
1,577
171,203
8,409
183,189
1,003
891
(520)
1,374
185,528
180,988
2,540
2,000
185,528
2024		 £
£
1,286
2,000
1,577
172,469
30,504
206,550
3,515
800
(450)
3,865
211,701
206,839
2,862
2,000
211,701
2023		 £
£
1,286
2,000
1,577
172,469
30,504
206,550
3,515
800
(450)
3,865
211,701
206,839
2,862
2,000
211,701
2023
211,701
206,839
2,862
2,000
211,701

The investment in the Charities Official Investment Fund is 1,181 Income units acquired, as shown above, for £1,577. The Market Value of this investment at 31 December 2024 was £23,966 (2023: £23.437).

The investments managed by FundsNetwork are held in various funds and had a value of £171,203 as at 17 October 2024 (2023: £172.469). The Market Value of this investment at 17 October 2024 was £205,092 (2023: £174,407).

Approved by the Parochial Church Council on ….......... and signed on its behalf by:

Reverend T Cook (Chair)

Mr C Wooff (Treasurer)

2

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY'S WALSGRAVE

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024

1. Incoming resources
1a Incoming resources from donors
Planned giving - gift aided
Planned giving - not gift aided
Other giving - gift aided
Other giving - not gift aided
Gift aid received
1b Other income
Fees - weddings, funerals etc
Fundraising projects
Friendship Group
Hire of centre
Coffee Club
Miscellaneous
Energy grant
In/Out
1c Investment income
Bank and Building Society interest
Central Board of Finance
Charities Official Fund
FundsNetwork reinvested income
FundsNetwork profits on disposal
2. Church and centre upkeep
Altar requisites
Bell ringers
Cleaning
Clergy expenses
Clergy reimbursement
Fees to diocese
Insurances
Light and heat
Organist and music
Printing, books and postage
Repairs and maintenance
Staffing
Telephone
Verger
Water charges		 Unrestricted
Funds
£
28,953
1,311
4,541
19,206
4,751
58,762
1,001
-
-
13,831
-
1,666
30
18
16,546
641
104
652
228
-
1,625
197
240
163
845
2,918
-
3,472
11,553
950
1,531
937
6,370
1,605
336
439
31,556		 Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Endowment
Funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Total Funds
2024
2023
£
£
28,953
30,556
1,311
2,621
4,541
668
19,206
9,986
4,751
14,050
58,762
57,881
1,001
7,486
-
-
-
-
13,831
16,242
-
120
1,666
684
30
1,328
18
6,721
16,546
32,581
641
785
104
77
652
643
228
518
-
-
1,625
2,023
197
382
240
1,056
163
328
845
2,496
2,918
-
-
1,307
3,472
3,146
11,553
6,434
950
630
1,531
1,708
937
2,368
6,370
5,062
1,605
1,635
336
570
439
881
31,556
28,003		 Total Funds
2024
2023
£
£
28,953
30,556
1,311
2,621
4,541
668
19,206
9,986
4,751
14,050
58,762
57,881
1,001
7,486
-
-
-
-
13,831
16,242
-
120
1,666
684
30
1,328
18
6,721
16,546
32,581
641
785
104
77
652
643
228
518
-
-
1,625
2,023
197
382
240
1,056
163
328
845
2,496
2,918
-
-
1,307
3,472
3,146
11,553
6,434
950
630
1,531
1,708
937
2,368
6,370
5,062
1,605
1,635
336
570
439
881
31,556
28,003
57,881
7,486
-
-
16,242
120
684
1,328
6,721
32,581
785
77
643
518
-
2,023
382
1,056
328
2,496
-
1,307
3,146
6,434
630
1,708
2,368
5,062
1,635
570
881
28,003

3

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY'S WALSGRAVE

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024

3. Sundry expenses
Accountancy
Professional Fees
Depreciation
Flowers
Junior Church
New equipment
Refreshments
Subscriptions
Sundry expenses
Fundraiser wages and expenses
Training
In/Out
FundsNetwork fees
Bank charges
Go Cardless Church Suite
Return of Deposits (Bookings)
Youth Work
Readers/Bursary
4. Analysis of net assets by fund
Fixed assets
Current assets
Current liabilities
Fund balance		 Unrestricted
Funds
£
940
-
-
88
176
1,440
426
608
6,215
2,500
76
18
1,494
285
639
535
1,638
300
17,378
-
181,506
(520)
180,986		 Restricted
Funds
£
-
-
322
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
322
965
1,577
-
2,542		 Endowment
Funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
2,000
-
2,000		 Total Funds
2024
2023
£
£
940
410
-
30
322
429
88
465
176
252
1,440
3,157
426
131
608
577
6,215
50
2,500
-
76
63
18
6,837
1,494
1,853
285
283
639
271
535
650
1,638
1,092
300
300
17,700
16,850
965
1,286
185,083
210,865
(520)
(450)
185,528
211,701		 Total Funds
2024
2023
£
£
940
410
-
30
322
429
88
465
176
252
1,440
3,157
426
131
608
577
6,215
50
2,500
-
76
63
18
6,837
1,494
1,853
285
283
639
271
535
650
1,638
1,092
300
300
17,700
16,850
965
1,286
185,083
210,865
(520)
(450)
185,528
211,701
16,850
1,286
210,865
(450)
211,701

4

INDEPENDENT EXAMINER'S REPORT TO THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF

ST MARY'S WALSGRAVE

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2024 which are set out on pages 1 to 4.

Responsibilities and basis of report

As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the Church Accounting Regulations 2006 ("the Regulations") and the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. the accounts do not accord with those records

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.

.................................................. Wayne Gutteridge ACA HB&O Limited Chartered Accountants and Statutory Auditors Seven Stars Hosue, 1 Wheler Road Coventry CV3 4LB

5

THE PAROCHIAL CHURCH COUNCIL OF THE

ECCLESIASTICAL PARISH OF

ST MARY'S WALSGRAVE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024

CHARITY NUMBER: 1174550

Harrison Beale & Owen Limited Chartered Accountants and Statutory Auditors Seven Stars House, 1 Wheler Road Coventry CV3 4LB

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY'S WALSGRAVE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024

Contents

Page
Income and Expenditure Account 1
Balance Sheet 2
Notes to the Accounts 3 & 4
Independent Examiner's Report 5

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY'S WALSGRAVE

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024

Note
Incoming resources
Incoming resources
from donors
1a
Other income
1b
Investment income
1c
Tote
Christmas fayre
Expenses
Church and centre upkeep
2
Parish Share
Sundries
3
Charities
Transfers
Deficit for the year		 Unrestricted
Funds
£
58,762
16,546
1,625
161
-
77,094
31,556
53,940
17,378
71
102,945
-
(25,851)		 Restricted
Funds
£
-
-
-
-
-
-
-
-
322
-
322
-
(322)		 Endowment
Funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-		 Total Funds
2024
2023
£
£
58,762
57,881
16,546
32,581
1,625
2,023
161
179
-
77,094
92,664
31,556
28,003
53,940
49,500
17,700
16,850
71
268
103,267
94,621
-
-
(26,173)
(1,957)		 Total Funds
2024
2023
£
£
58,762
57,881
16,546
32,581
1,625
2,023
161
179
-
77,094
92,664
31,556
28,003
53,940
49,500
17,700
16,850
71
268
103,267
94,621
-
-
(26,173)
(1,957)
92,664
28,003
49,500
16,850
268
94,621
-
(1,957)

1

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY'S WALSGRAVE

BALANCE SHEET AS AT 31 DECEMBER 2024

Tangible Assets (Net book value)
Equipment, fixtures and fittings
Investments (at cost)
Central Board of Finance
Charities Official Investment Fund
(see note below)
FundsNetwork investments
Coventry Building Society
Current Assets and Liabilities
Bank and cash
Sundry debtors
Sundry creditors
Net Assets
Funds
Unrestricted
Restricted
Endowment		 £
£
965
2,000
1,577
171,203
8,409
183,189
1,003
891
(520)
1,374
185,528
180,988
2,540
2,000
185,528
2024		 £
£
1,286
2,000
1,577
172,469
30,504
206,550
3,515
800
(450)
3,865
211,701
206,839
2,862
2,000
211,701
2023		 £
£
1,286
2,000
1,577
172,469
30,504
206,550
3,515
800
(450)
3,865
211,701
206,839
2,862
2,000
211,701
2023
211,701
206,839
2,862
2,000
211,701

The investment in the Charities Official Investment Fund is 1,181 Income units acquired, as shown above, for £1,577. The Market Value of this investment at 31 December 2024 was £23,966 (2023: £23.437).

The investments managed by FundsNetwork are held in various funds and had a value of £171,203 as at 17 October 2024 (2023: £172.469). The Market Value of this investment at 17 October 2024 was £205,092 (2023: £174,407).

Approved by the Parochial Church Council on ….......... and signed on its behalf by:

Reverend T Cook (Chair)

Mr C Wooff (Treasurer)

2

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY'S WALSGRAVE

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024

1. Incoming resources
1a Incoming resources from donors
Planned giving - gift aided
Planned giving - not gift aided
Other giving - gift aided
Other giving - not gift aided
Gift aid received
1b Other income
Fees - weddings, funerals etc
Fundraising projects
Friendship Group
Hire of centre
Coffee Club
Miscellaneous
Energy grant
In/Out
1c Investment income
Bank and Building Society interest
Central Board of Finance
Charities Official Fund
FundsNetwork reinvested income
FundsNetwork profits on disposal
2. Church and centre upkeep
Altar requisites
Bell ringers
Cleaning
Clergy expenses
Clergy reimbursement
Fees to diocese
Insurances
Light and heat
Organist and music
Printing, books and postage
Repairs and maintenance
Staffing
Telephone
Verger
Water charges		 Unrestricted
Funds
£
28,953
1,311
4,541
19,206
4,751
58,762
1,001
-
-
13,831
-
1,666
30
18
16,546
641
104
652
228
-
1,625
197
240
163
845
2,918
-
3,472
11,553
950
1,531
937
6,370
1,605
336
439
31,556		 Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Endowment
Funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Total Funds
2024
2023
£
£
28,953
30,556
1,311
2,621
4,541
668
19,206
9,986
4,751
14,050
58,762
57,881
1,001
7,486
-
-
-
-
13,831
16,242
-
120
1,666
684
30
1,328
18
6,721
16,546
32,581
641
785
104
77
652
643
228
518
-
-
1,625
2,023
197
382
240
1,056
163
328
845
2,496
2,918
-
-
1,307
3,472
3,146
11,553
6,434
950
630
1,531
1,708
937
2,368
6,370
5,062
1,605
1,635
336
570
439
881
31,556
28,003		 Total Funds
2024
2023
£
£
28,953
30,556
1,311
2,621
4,541
668
19,206
9,986
4,751
14,050
58,762
57,881
1,001
7,486
-
-
-
-
13,831
16,242
-
120
1,666
684
30
1,328
18
6,721
16,546
32,581
641
785
104
77
652
643
228
518
-
-
1,625
2,023
197
382
240
1,056
163
328
845
2,496
2,918
-
-
1,307
3,472
3,146
11,553
6,434
950
630
1,531
1,708
937
2,368
6,370
5,062
1,605
1,635
336
570
439
881
31,556
28,003
57,881
7,486
-
-
16,242
120
684
1,328
6,721
32,581
785
77
643
518
-
2,023
382
1,056
328
2,496
-
1,307
3,146
6,434
630
1,708
2,368
5,062
1,635
570
881
28,003

3

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY'S WALSGRAVE

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024

3. Sundry expenses
Accountancy
Professional Fees
Depreciation
Flowers
Junior Church
New equipment
Refreshments
Subscriptions
Sundry expenses
Fundraiser wages and expenses
Training
In/Out
FundsNetwork fees
Bank charges
Go Cardless Church Suite
Return of Deposits (Bookings)
Youth Work
Readers/Bursary
4. Analysis of net assets by fund
Fixed assets
Current assets
Current liabilities
Fund balance		 Unrestricted
Funds
£
940
-
-
88
176
1,440
426
608
6,215
2,500
76
18
1,494
285
639
535
1,638
300
17,378
-
181,506
(520)
180,986		 Restricted
Funds
£
-
-
322
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
322
965
1,577
-
2,542		 Endowment
Funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
2,000
-
2,000		 Total Funds
2024
2023
£
£
940
410
-
30
322
429
88
465
176
252
1,440
3,157
426
131
608
577
6,215
50
2,500
-
76
63
18
6,837
1,494
1,853
285
283
639
271
535
650
1,638
1,092
300
300
17,700
16,850
965
1,286
185,083
210,865
(520)
(450)
185,528
211,701		 Total Funds
2024
2023
£
£
940
410
-
30
322
429
88
465
176
252
1,440
3,157
426
131
608
577
6,215
50
2,500
-
76
63
18
6,837
1,494
1,853
285
283
639
271
535
650
1,638
1,092
300
300
17,700
16,850
965
1,286
185,083
210,865
(520)
(450)
185,528
211,701
16,850
1,286
210,865
(450)
211,701

4

INDEPENDENT EXAMINER'S REPORT TO THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF

ST MARY'S WALSGRAVE

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2024 which are set out on pages 1 to 4.

Responsibilities and basis of report

As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the Church Accounting Regulations 2006 ("the Regulations") and the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. the accounts do not accord with those records

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.

.................................................. Wayne Gutteridge ACA HB&O Limited Chartered Accountants and Statutory Auditors Seven Stars Hosue, 1 Wheler Road Coventry CV3 4LB

5