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 (chris@oxfordtaxsolutions.com) Status: Signed Transaction ID: CBJCHBCAABAAr09Z0jZnNGH6jqO_nrm7wLKKnCJ5bhlj ## "StMaryAccounts2024" History Document created by Chris Caspell (chris@oxfordtaxsolutions.com) 2025-04-29 - 1:06:26 AM GMT Document emailed to Mark Sasse (mail@marksasse.plus.com) for signature 2025-04-29 - 1:06:30 AM GMT Email viewed by Mark Sasse (mail@marksasse.plus.com) 2025-04-29 - 7:40:14 AM GMT Document e-signed by Mark Sasse (mail@marksasse.plus.com) Signature Date: 2025-04-29 - 7:53:19 AM GMT - Time Source: server Document emailed to Chris Caspell (chris@oxfordtaxsolutions.com) for signature 2025-04-29 - 7:53:20 AM GMT Email viewed by Chris Caspell (chris@oxfordtaxsolutions.com) 2025-04-29 - 8:08:17 AM GMT Document e-signed by Chris Caspell (chris@oxfordtaxsolutions.com) Signature Date: 2025-04-29 - 8:08:43 AM GMT - Time Source: server Agreement completed. 2025-04-29 - 8:08:43 AM GMT