PARtSE CHUR(H OF STJOHN THE BAPIIS FOR FEAR ENDIN I" DECEMBER 2024 li CHURCH LOCATION: High StsEeL Needbam MarkeL SWI Suffoll( itt the Dioc&se of St CORRESPONDENCE The Rectory 10 Meadow View IP6 8RH RECTOR- Revd Tracey James CHURCHWARDENS David Sewell laD Jeffreys Wo new wresentalivts were elKtsd Ap 2023 Mr PhJ]ip Pitt Shirley Thollw- reslglled at the PCC meeting held on 23° May 2024- DO fLutheT appointinent was made Peter GToom Bernadette Pltt Kate DtrAes May 2022 Apiil 2023 Aprll 2023 Margatet Wllcox May 2022 April 2023 Aprll 2023 Shirley Thomas Mr R Brown appointed Treasurer (non-V(W PCC Metnber) coilln)enced January 21J)O PCC SECRETARY Mrs C Long appointed Seccetary, (non-voting PCC rnernb) May 2022 FABRIC SECRETARY- David Lollg was appoiDted at the PCC Eneeting held oll 2* May 2024 SAFEGUARDING OFFICER-Dr Katr Holmes resig11 at tbe 2024 ATrCM- Mrs Jennifer Nott wa5 appointed at tbe PCC meeting hdd on 23 May 2024 Mr Hugh S Wolley, Milestone House. High Sw Yoxfort SuffolL IP17 3EP OBJEC The PCC (Powets) Measure 1956 ststes the PCC -is to Cwate with tbe In prornoting in the Pdtsh. the whole ml&sion of tbe ChurcM pastordL ewangelisti4 s(Kial and ea]menlcal" When out of vaGincy. the PCC consists of the illcumbeAL two cburchwarde a maximum of elected PCC memhers plus two Deanery Synod Representatives. The'Ikasuter and secretary are non-voting ebers. The PLC eets regularly to Ove financo PTeparation for WOLEhip and soclal eveDtx/functions. tbe fabric and conteDts of the Churcty discuss fun)re miMistry/ mi&sion work and as represeutatives of the Congregatio whae supporting the incumbenr in thetr WOTk in our pariskn The PCC is supponed by the Standillg Committee which consi51s of the incumbent plus officers of the PCC and mtrts betww PCC meetings to deal with Smdller issues aDd put together the Initi framework ft)r larger pyojeas svhicb Deed to be dI5cU&s by the whole PCC. The Millisty Team curtendy cotLSiSS of Revd James. Revd All£En Mortimer, Kate Ho]me
(Lay Reader). aud the cbUthard. We have a wied Sunday worsbip as well as Wednesday morning PTayer tim& A Home Group motrthly on a Monday. We also have a very active molhe. UnioJL Tuesday Tots is well establiSd and we find tbat we have an alllM)St completely new gTOUP ofparents and grandparents and very young cbildroL On Thursday mornings there is a well establisheil St JohD's Panty. proFiding provisions for the I1 con]nw. This is well attended. Avariety of tasks from the leading of worship and pteparillg for services to flower aTrangiDg and involvenwit in general adminityatioD corrtinue to be undertaken by many MeEbS of the COnEatiO without whose illput the church w(3uld t mucb the prer. the Book has continued at the lcd Primary School and i8 Rwgely valued Our cuTreDt Sunday service ts streamed on line for those who are ullable to jotrA in CbutctL Revd Tracey has settled in very well to the roIe aud is a visthle piesence in tbe community. We sLirted Messey Church at Easter 2024 and this ljas provea to be very popular. with and average of 15 cbildren plus car5 attending each mondL We bave a good team of volunteeT5 who are e&SentI to the success of Mew CburclL The toLTrt nutuber of people reported as lD8 on tbe EleLtOTal Roll of our parLsh was 68 members at the APL'M in April 2024. The usual nuuther of auendees at a Sullday service is 45 with around an addidonal J watcl]ing on line. A speaal prayer ts said at CoD]munion to include th(Ase watching on line. We had a Patronal lunch and a Harvest celebration and a supper vAJicb were well supporte(t We held two C1ll7Stine services wbich itwolved of the chilthn from the PrJm3ry School. We beld our annual Qib service on Lhristtw Eve and a Midnlght Mw. During tbe year to 31 December 2024 the following.serFices were held:. Maniages 2, BaptlstDS 3. Fujjeral Services In Churcb ii, Churchyard Burials 4. B wial of Cremated Remalns In Chchyard 9. TheTr also 12 Fullet Services at the CrematOriUllL Fundrajsing in 2024 Continued with ttLaJor conttlbutlons coming from the Produce stalls, Htstoric Churches Cycle rAde. Leut Soup luDcbes for Kagera whlcb raised £JP,708 Includb]g a genero% anonymous donation of £5.000. Cknisttw fayTr- it was agreed to change ow ChIistmas Bazaar this ye. We jolnfxl ill with the Needham Market Cknisti Street Fay and had stalls inside and outside the thurch. The cb11dn.S choir frottt Bosmete School came and sang Carols in Church whlch ellsured a full church. (at oue point people were queueing to get In and Rev Tracey had to fight hor way through the crowd!) Thts gave us an opportunAty for greater engagemeth with the people of our town and we raised nearly double our usual amounL tbis was followed by the annual C&qtleton Brass Chkisw ConcerL SFOR building on succe&s we saw over tFe Christinas services It has been decided to explore a new montbly All Age Service as we seek to encourage new people into chuTch. tn 2027 It will be 700 years since the first [lle appeats on our vicars. board, we are planoing a festlval to Celebra Si JobDS and hoping to join ID With the Te-development pldns of St EdmundsAbbey in Bury St Edmunds. Due to our rotting floor. we Iwe a major building project in the pipeliDe. OUT aim is to create a level tlo(Ir as Uluch as 15 possible and tn PTovlde au a(re&sible toiIet. Other coAsideTations indude JEplacing the organ. inst8Jllng a servery at the back of church and posslbly Insta glass doors and re-locating the lonL This is all subject to obtaining approval by the Diocesan Advisory COnJJnite armj raising sufficieat funds. Toia] xtceipts on unrestricted fullds totrll8J £63,355. and £J9,181 was spent pmvidillg (Jiristian ministry from St John the Baptist church a5 detailed ill the fjnancial statement& The Jargest eellt of thÈs expertditure Wds a £44,0(Ki contrtbution towards our diocesan paTrish SIe, with a further £IO.000 met by a grant pald directIy by the Ligltwave project to the Diocese. This la¥ely Provides the stipends & housing of the dergy alld the cost of n)iDiSUy. & traiuimg ordinands and
Curates. The sum that the in the deawy baye to find is sbared betweett them accoTthng to a £orn]ula based mainly ou the dew tinje enjoye Ihe net result of income over expelldi on unrtstiicted fS wos a sujplus of £3.174 and after a sall transfer to a restrict Toserve this was added to the reserves accujnulated in previous yeaTS. Tesulting in a balaJLce cauied foThYaTd on unrestiicted reserFes of £30,814. The restricted funits saw a net outfiow of £7.3(. largely as a rwlt of repapr woA( on the Cburdt HalL (ARK) and the Cburch Cottsge from grants reVed in t previo$ year. The ba]ance on restricted funds at the year eud amounted to £96,394. llwist of whicb are for the purpw of RESERVE POLICY It is PCC wlicy ts) maintaln a tive bala1 on each of the restiict&l and unrestricted fimds. Ideally, the balance on the gcneral fund shcrtlld be sufftcient to cover erneencY situatiolls that may atse from time to time. Sadly thts ts Dot pmved feattjle fin recent years and thts year was not suffiaent to cover day to day erpendItU indudiug OUT full comttthellt to the diocesan DJSh share. Wjth such low reserves, any failu in income levels to i]Jcrease in jine with JjatIon or major non.mutine eypenoitiwe would leave PCC finances severety Stretcbed and incrInglY unable to meet aDnual diocesan lsh Sh Ccttnmellts. It is ow policy to invest our longer tenn funds In an intetest arillg accouni with co Cbarity Funds, wknjst baDk accounts are *tained with Santallder and Bardays baDks for day to day requlrements. Slgned on beholf of the PCC Revd TraY Jall Mr R Bmwn cfreasurer) .. Mrs C Long (PCC Seuetary)
I report on the accounts for the year ended 3151 December 2024. which arc set out on pages I to 6. Regp¢¢tive responsthilhies of the PCC and Independent Examkner As tnLgtee8 of the charity, the metubers of the PCC arc responsible for the preparation of the accouTtts. They consider that an audit is not required for this year un(l¢r s¢¢tiou 144(2) of the Charitiu Act 2011 (the 2011 Act) and that an independent exgminthon is needed. It is my respoL%ibi]ity to exatt]ine the accounts undtt sectton 145 of the 2011 A¢ follow the procedures laid down in the General Directions given by the Charity c0r(llniIollers section 145(5Xb) of the 2011 ACL. aud state whether particular ]natters have come to my attentioJL Basis of Indep¢ndent Euminer'$ Statement My exaMItion carried out in acwrdance witb the General Directions 8iven by the ChaTity CommissÉoL An exatuination iucludes a review of the accounting records k¢pt by the charity and a comparison of the accounts ptesentcd with th0 rewrds. It atso irkeludes Consideration of any unusual items or disclosures in the accounts. and seeking explanatioDS from the management LY)nm3ittee of any such mattern The procedures undertaken do not provide all the evidence that would be requxred in a full audiL aDd consequently I do not expr att audit opinion on tbe accounts. Ind¢pendcnt Examfiller's Ststement In ¢oJJnectioTÈ with my exami0 no matter ftlls come to my attentio l. which give me reasonable cause to bejieve that in 8ny raat¢tial respect the to ke¢p accounting records in ac¢ordw with s.130 of the 2011 A¢. or to prepare accounts which accord with these aGcouating records have not been met: or 2. to whicfy in my opiniorL attention should be drawD in order to enabic a proper understanding of th¢ accouats to be reached. aiip Name IPv411 W LL&l A-(8. Address ILEEftAE , 41 ,yJE& 1117 3L*f lo
Parochlal Church Council of St John The Baptlsl Needham Market Statsment of Flnanclal Activlties Forth• yaar •nding 31 D¢comb8r 2024 TOTAL FUNDS 2023 Funds Funds INCOMING RESOURCES Voluntary incom8 Aotlvrlies for generattng fiJnd8 Inc4Jm8 from inve8trnwrtS Churth activftfès 2(8) 2(b) 2{c) 2(rf) 43.143 3.442 1.113 14.657 8265 5,009 1.326 51.408 6.451 2,439 14.657 54,750 9,240 1,155 16,353 TOTAL INCOMING RESOURCES 62.355 RE80URCES EXPENDED Fund-rai81ng costs Churd) aGtivttsè8 3(b} 318) 59.181 21,937 81,118 65.676 TOTAL RESOURCES EXPENDED NEf INCOMINGI(OUTGOING) RESOURCE8 TRANSFER BETWEEN UNRESTRICTED AfftID RE8TRICTED FUNDS 3.174 -7.337 4,163 15,822 -28 28 NET MOVEMENT IN FUN08 3,146 -7,309 4,163 15,822 BALANCES mD 1 JANUARY 103.703 131.371 115,549 BALANCES CIFWD 31 DECEMBER 30,814 98.394 127,208 131,371 Th• note8 on pag¢8 3 to 8 fomi part oflhls aCtt 11
Parochial Church Councll of StJohn The Bapllsl Needham Market Balance Sheet at 31 December 2024 2024 2023 FIXED ASSET Inv8sbn•nt asset Central Board Of FitwKe CURRENT ASSETS Debtor5 877 26,489 28,489 Cash at bank 8nd In hand 99.765 104,741 127.502 132,107 LIABILITIES Amouiifs FALUNG DUE WITHIN ONE YEAR Olhgr ¢redtto(B 1.356 1,798 NEf CURRENT ASSETS 128.148 130309 NET A88Ef8 127.208 131371 FUNDS Unrgstricled 30,814 27.868 Restrithd 98,394 103.703 127,208 131 371 B••V R J Brcywn IFk)n Tfeasurerf) Approved by the Parothla Church Cour7 on 13 Marth 21r25 aTrJ signed Its behalf ty. The notes on pages 3 to 6 fomi part ofthese wAunt8
Porochlal Church Councll of St John The BapU81 Nefjdham Market Notss to th6 Financlal Statem•nts For the yw ondlng 31 Decembor 2024 1 ACCOUNTING POLICIES The financral ststsments have been prepared In accordanr with thB Church ActQLFnting Regulations 2006 togeth8r with applicable accounting standards and the SORP 2005. The ffnanaal statements have béèn prepar&J under the hlsb)rtc£l cost conventton. The Ilnan¢ial statsments indude all transactions, assats and liabllibes for which th8 PCC is responslble in Law. They do not indude th8 a(rounts of thurch groups that owe their maln 8ffl1iation to another t¥Jdy, nor those that are informal gatheiings of church membars. Fund• Rathcted Funds represent donations or grants reced fDr a spacific object or Invlted by the PCC for a specific object The fvnds may onty b8 ended on the speufi¢ object for whlch they wore given. Any balancg remaining unspent 8t the end of each year must b8 carrfad forward as a balance on that fvnd. The PCC does not usualty Invest separately for each fijnd. Unrestslct8d Funds are general fijnds whth can b8 us•J for PCC ordinary purp0898. Incomlng ro8our¢88 Plann81 glvlng, colltions, donations and Intwest are rKognized wh8n f1ved. Tax refvnds are recogntzed when the InmIng resource to which they late is recelved. Grants arKI legades are 8ccounted for when the PCC Is legalty entitled to the amounts due. Al other Ino)ffle is re¢xgnized when rt16 recefvable. AJI Incoming resources are a¢>>Junted for gross. RMourco8 •xpond•d + Grants end donatlons sre acc>)uTrt for when poid over. The dhxasan parf8h share L8 accounted for when due. Amounts receNed specfficalty for misslon are dealt w]th as re5trictad funds. Al other exFenditur8 18 g•nerally. recognkod when h is IncurrvJ and 1$ a¢o)unted for gross. Flxvd a88ats Con$e¢rated and beneficed property Is not included In Ihe aKcunts In accordants w]th $.96{2llal of the Charftles A¢t 1993. Movable church fumishlngs hehj by the Vlcar and Churchwarden8 on Special trust for the PCC and which require a faculty for disposal are inalienable propety, listed in the church's inventory, whlch can be inspe¢W (at any reasonable tsme). For inalienable propety there is InsUffient cost infomiatton available and therefore such assets are not valued in the acwunts. The Chur¢h Hall and Cottage are in the • of the Dioce88n Board of Financ. although managed by Needham Market Parcchial Church Councll. Therefore, they have not bean valued as one of the PCC'S assets in these statements. Equipment used wilhin the church premkses or purchased for use by the PCC or its officers Is written off through the Statement of Financial Activitses in the y&ar of purchase. Inveslments Investrnents are held in the balance sheet at valuation. 15
Parochlal Churrh Council of St John Thè Bapthl Needham Mafket Notes to the Financlal Statements For th• yr endlng 31 Dèeèmb•r 2024 INCOMING RESOURC&8 TOTAL FUNDS 2024 2023 Funds 2(0) VoluntaryJncom• Planned givlng Gfft Aid don8lon8 T8x recOVere PaM8h Givbng & Other Sehémes C>ther collecOn$ at BCes Tgx Recoveftbl&- GASDS Grants Donallons. appe818.* Atd donalons Tax recovèrablé Other Log8d88 22.304 5.521 877 1,150 2.132 1.298 810 2(f2 23.114 5.723 22,573 5,669 760 1,665 2,313 1,295 8,450 1.150 2.132 1,542 800 244 500 537 109 3,915 537 109 10.424 5.000 287 82 6,872 4.774 8,509 43.143 65 51.408 2(b} Acdvftlas forg•nwJOng fvnds Fun&ral$lng 3.442 5,009 8,451 9,240 3,442 8,451 9.240 2{¢) Incoms from Investhts Intsrest and Other 1.113 2.439 21d) Incom• from church ectmdas Church hall lettlngs Church h811 contmbuuon tthvards costs Cottage rent 382 900 6.800 6.554 241 650 900 8.607 7.966 230 6.600 8,554 241 Refreshments 14.657 16,353 Total incorning rnsourcos 62,355 14.600 76.955 81,498
Parochial Church Council of St John The BaptisL Needham Market Notes to the Flnanclal Statements For the y•ar endlng 31 D•cember 2024 RESOURCES EXPENDED Unrestrlctad Restrlcb Funds Funds TOTAL FUNDS 2024 2023 3{al Church a¢tlvlii•s Mlssionary and chaTTtable gIng K8gera Fund DEC Tutheylsyrta Earthquake Home Thè Chlldrnn8 Soc Relief of Hardshlp In Parish St John's Panty Christian Aid RSPCA 5.708 5,708 1,030 300 89 89 165 4,693 387 4.693 387 3,681 80 5,258 10,877 10,877 Mlnl$ty. DI¢Kesan patsh shar• Other mini8try ¥t$ Church njnnlng and malnt8nance Church h811 running costs Church wttage running c08ts Church office Church Buitding Rrdering Project Church Building Qulnquennld R8palrs Sundry other 44.000 1.029 8.140 2,618 44.0(K) 1.029 10,737 8,7C 3,900 1,330 375 47,000 512 9,652 2,308 4,597 1.301 375 408 59.181 21,937 31bl Fund4818lng eo•ts Bazaars and otherfund r8i8ing event8 TOTAL RE80URCES EXPENDED 59.181 21,937 81,118 PAYMETr¥fs TO PCC MEMBERS There were no disdosable transocuons in rnspecl of PCC ffomber&
847 178 7 FUND8 i J•n2(Q4 31 fc 2024 47.742 Ark FwKJ Chwch Co FWKI 1817 17 2215 304 5,515 477 L•oatyFwKts 21A42 30,814 1.062 48,748 387 210 184 4.420 417 41475 Ch•Lr F1 38,055 f.5 1S5 100 Catè Chwcl) Ftmd Rector•ThJ Fwwj 81JohrM P• Fwxt Arf¢ Reputr F1 Arf¢ C*ok•r 1fAI 4A14 1M74 914 146 814 1.168 21 Fty 127,502 -1215 14