2024-12-31-accounts

COLLEGIATE CHURCH OF ST MARY STAFFORD FINANCIAL ACCOUNTS Registered Charity 1175903 for the year ended 31 December 2024

COLLEGIATE CHURCH OF ST MARY STAFFORD

STATEMENT OF FINANCIAL ACTIVITIES AND FUND SUMMARY

for the year ended 31 December 2024

CONTENTS

Pages

1 Statement of Financial Activities and Fund Summary

2 Balance Sheet and Notes on the financial accounts

3 Income and Expenditure Account – Combined Funds (for information only)

I approve these accounts and confirm that I have made available all relevant records and information for their preparation.

Date 2025 29-Apr-2025 Mark Sasse – Treasurer

Mark Sasse (Apr 29, 2025 08:53 GMT+1)

INDEPENDENT EXAMINER’S REPORT TO THE PAROCHIAL CHURCH COUNCIL

I report on the accounts of the Collegiate Church of St Mary Stafford for the year ended 31[st] December 2024, which are set out on pages 1 and 2.

As a Church Council you are responsible for the preparation of the accounts and you consider that the audit requirement of section 144(2) of the Charities Act 2011 (the Charities Act) does not apply and that an independent examination is needed.

It is my responsibility to examine the accounts under section 145 of the Charities Act; to follow the procedures laid down in the general Directions given by the Charity Commissioners under section 145(5)(b) of the Charities Act and to state whether any particular matters have come to my attention.

BASIS OF INDEPENDENT EXAMINER’S REPORT

My examination was carried out in accordance with the General Directions given by the Charity Commission. That examination includes a review of the accounting records kept by the Council and a comparison of the accounts with those records. It also includes considering any unusual items or disclosures in the accounts and seeking explanations from you as Church Councillors concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts and the report is limited to those matters set out in the statement below.

INDEPENDENT EXAMINER’S STATEMENT

In connection with my examination, no matter has come to my attention:

• (1) which gives me reasonable cause to believe that in any material respects the requirements

• to keep accounting records 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 any requirements that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination

have not been met; or

• (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

CMV Caspell CTA ATT(Fellow) EA 29-Apr-2025 2025 238 Sandon Road Stafford ST16 3HL

COLLEGIATE CHURCH OF ST MARY STAFFORD

STATEMENT OF FINANCIAL ACTIVITIES AND FUND SUMMARY

for the year ended 31 December 2024

STATEMENT OF FINANCIAL ACTIVITIES	Unrestricted Funds £ 9,538 - 53,893 2,036 8,549 7,628 14,269 95,913 91,769 91,769 (2,191) 1,953 53,456 55,409 Income Expenditure 95,914 91,769	Designated Total Total Funds 2024 2023 £ £ £ 2,000 11,538 10,434 - - 5,000 488 54,381 60,789 30,627 32,663 20,769 - 8,549 8,470 - 7,628 6,674 - 14,269 13,304 33,115 129,028 125,440 8,118 8,118 10,294 26,247 118,016 118,258 34,365 126,134 128,552 2,191 - - 941 2,894 (3,112) 67,159 120,615 123,727 68,100 123,509 120,615 Balance Closing Surplus Transfers from Balance / (Deficit) 2023 2024 4,145 (2,191) 53,456 55,410
INCOMING RESOURCES Grants Legacy Voluntary income Activities for generating funds Church Lettings Fees-Weddings and Funerals Investment income TOTAL INCOMING RESOURCES RESOURCES EXPENDED Cost of Generating Funds Charitable activities TOTAL RESOURCES EXPENDED Transfers between funds NET MOVEMENT IN FUNDS Fund balances brought forward FUND BALANCES CARRIED FORWARD SUMMARY OF FUNDS UNRESTRICTED FUND General Fund DESIGNATED FUNDS Arts Festival Coffee Concerts Children's Ministry/Junior & Adult Choir Flower Fund One World Group Parish Office Christmas Tree Festival Special Projects /Fabric Fund TOTAL FUNDS
	10,486 7,401 3,489 2,835 200 133 20 - 899 700 7,025 19,634 10,996 3,663 - -	3,085 (3,085) - - 654 - 8,671 9,325 67 - 1,678 1,745 20 - 92 112 199 - 682 881 (12,609) 12,609 - - 7,333 (7,333) - - 0 56,036 56,036
	33,115 34,366	(1,251) 2,191 67,159 68,099
	129,029 126,135	2,894 - 120,615 123,509

(1)

COLLEGIATE CHURCH OF ST MARY STAFFORD

BALANCE SHEET

As at 31 December 2024

CURRENT ASSETS Bank Current Accounts CAF Bank Virgin Money Stafford Railway Building Society CCLA Deposit CURRENT LIABILITIES Creditor (Rental Deposit) Creditor (re. Marriage Licences) Creditor (Charitable Donation) Accrued Expenses (Due to Deanery Synod) Accrued Expenses (Due to Friends of St Mary's) Accrued Expenses (Due to Diocese) NET CURRENT ASSETS TOTAL ASSETS WHICH REPRESENT Unrestricted funds Designated funds TOTAL FUNDS	2024 £ 27,175 2 99,120 2,851 129,148 2,905 10 20 2,000 42 662 5,639 123,509 £123,509 57,600 65,909 £123,509	2023 £
		25,535 2 96,015 2,851
		124,403
		(2,905) - - - - (883)
		120,615
		£120,615
		53,456 67,159
		£120,615

NOTES ON THE FINANCIAL STATEMENTS

1 ACCOUNTING POLICIES

The financial statements have been prepared under the historical cost convention as modified by the revaluation of investments, and are in accordance with applicable accounting standards, and the Charities Accounting Statement of Recommended Practice (SORP). There have been no changes on the accounting policies.

• a All expenditure is accounted for gross, and when incurred. Donations made are included in the year in which they are paid. Those expenses, which are attributable to two or more expense headings, are apportioned between those headings on an appropriate basis.

• b Donations, grants, bequests and the tax refund from Gift Aided donations are accounted for when received by the council.

(2)

COLLEGIATE CHURCH OF ST MARY STAFFORD

INCOME AND EXPENDITURE ACCOUNT

COMBINED FUNDS

for the year ended 31 December 2024

(for information only –this statement does not form part of the statutory accounts)

INCOME 2024 2023 VOLUNTARY INCOME Pledged Giving 30,342 29,707 Loose Plate Collections 3,674 3,604 Collections at Special services 7,699 5,682 Giving through Wall Safe 82 - Votive Candle Box 589 990 Donations and Appeals 3,247 5,447 Tax recovered on Gift Aid 8,337 9,633 Legacies 1,000 5,000 Queen Elizabeth Grant 9,500 8,934 64,470 68,997 GRANTS 2,038 2,850 OTHER CHURCH INCOME Sponsorship 2,350 - Coffee Concerts 3,489 3,462 After Service Coffee 706 593 Christmas Tree Festival 10,996 11,895 Ticket sales & events 6,144 3,421 Bookstall 122 - Church & Church Hall Lettings 8,549 8,470 One World Group/Hospice Kenya 899 1,354 Traidcraft Sales - 99 Magazine Income 344 - Support from DBF 2,505 - 36,104 29,294 INVESTMENT INCOME Bank and Investment Income 3,269 2,304 Rent from Land and Buildings 11,500 11,000 14,769 13,304 FEES Statutory Fees, Weddings &Funerals 7,628 6,674 7,628 6,674 CONTRIBUTIONS TO PARISH OFFICE - St Chad's 3,300 3,600 - St Leonard's 720 720 4,020 4,320 TOTAL INCOME 129,029 125,439 £129,029 £125,439	2024 2023 30,342 29,707 3,674 3,604 7,699 5,682 82 - 589 990 3,247 5,447 8,337 9,633 1,000 5,000 9,500 8,934	EXPENDITURE PARISH SHARE STIPENDS AND EXPENSES Wedding and funeral fees - Diocese Organist, verger and other fees Choir and Bell Ringers Fees UTILITIES AND INSURANCE Church Utilities Church Insurance MAINTENANCE Organ and Piano Maintenance Church Maintenance OTHER EXPENDITURE Printing,Stationery & Advertising Upkeep of services Administration and other expenses Adult and junior choirs Entertaining & Catering Literature/Hymn Books,Streaming Christmas Tree Festival Flower purchases Coffee concert costs Altar consumables, candles, wine etc Bank & Financial Charges Bookstall costs Gifts Transport DONATIONS MADE Donations to Charities PARISH OFFICE COSTS Expenses TOTAL EXPENDITURE EXCESS / (DEFICIT)	2024 2023 36,870 37,495
			150 2,932 20,584 19,048 1,970 2,570
			22,704 24,550
			17,523 13,840 10,087 9,528
	64,470 68,997		27,610 23,368
	2,038 2,850		1,780 1,660 2,473 8,331
	2,350 - 3,489 3,462 706 593 10,996 11,895 6,144 3,421 122 - 8,549 8,470 899 1,354 - 99 344 - 2,505 -
			4,253 9,991
			280 862 - 2,367 - 497 270 590 1,758 942 1,569 603 3,663 3,485 150 150 2,394 1,912 105 - 509 - 89 - 66 - 100 -
	36,104 29,294
	3,269 2,304 11,500 11,000
	14,769 13,304		10,953 11,408
	7,628 6,674		4,885 2,902
	7,628 6,674		4,885 2,902
			18,860 18,837
- St Chad's - St Leonard's TOTAL INCOME
	4,020 4,320		18,860 18,837
	129,029 125,439		126,135 128,551 2,894 ( 3,112)
	£129,029 £125,439		£129,029 £125,439

(3)

StMaryAccounts2024

Final Audit Report

2025-04-29

Created: 2025-04-29 By: Chris Caspell ([e-mail]) Status: Signed Transaction ID: CBJCHBCAABAAr09Z0jZnNGH6jqO_nrm7wLKKnCJ5bhlj

"StMaryAccounts2024" History

Document created by Chris Caspell ([e-mail]) 2025-04-29 - 1:06:26 AM GMT

Document emailed to Mark Sasse ([e-mail]) for signature 2025-04-29 - 1:06:30 AM GMT

Email viewed by Mark Sasse ([e-mail]) 2025-04-29 - 7:40:14 AM GMT

Document e-signed by Mark Sasse ([e-mail]) Signature Date: 2025-04-29 - 7:53:19 AM GMT - Time Source: server

Document emailed to Chris Caspell ([e-mail]) for signature 2025-04-29 - 7:53:20 AM GMT

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