REGISTERED CIIARITY NUMBER: 1181356 REPORT OF THE TRusfEES AND 15NAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 FOR THE PAROCHIAL CHL41CH COUNCIL OF THE KCCLESIASTICAL PARISH OF ST WILFRID'S STANDISH THE PAROCHIAL CHLTRCH COLI¥CIL OF THE ECCLESIASTICAL PARISH OF ST WILFIUD'S ANDISH CONTEwfs OF THE FINANCIAL sfATEMENTS for the Yw Ended 31 Deeember 2024 Page Report of tbe Trnitees Inde￿ndent Examlner's Report Stattment of FIDan¢ial Adivlties Statement ofFlnan¢lxl P09ition 8 to 9 Notes to the Flnanciai St•tements 10 to 21 Detailed Ststement of Fltt*ntial Artivitieg 22 to 23 THE PAROCHIAL CHLIRCH COUYCIL OF THE ECCLESIASTICAL PARISH OF ST WILFRID'S srANDISH REPORT OF THE TRUSTEES for the Yur Ettd￿ 31 Deeemb¢r 2024 The tru￿tts present their r¢FXFrt with the fllwicial stathents of the Clwity for the year ended 31 Dec¢mber 2024. Th¢ trusiees have adopted the provfftsions of A¢counting and Rq￿Ing by Charities." Statement of Reeommended Practice applicable to charitics preparing their accounLS ill accorda[￿ with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (effective l January 2019). OBJECTIVLS AND AcftvrriES Alms and objectlves Si Wilfri'd's Parochial Church Ccrtmcil (PCQ the resF0nsi￿Ility of cDnelly. Mr David JohThson. and the Rector. W0￿1ng alongside our Financial Advisors the investment ponfolio has continued to llLak¢ gains its invesunents. - The ChUrChwarder￿ and Incumbent who had becorne executors of the Spencer Estste hav¢ ¢oniinued to mallage the monieb fro￿ the Esthtr io the benefit of the work of the Parish Church. - The PCC. through th¢ named Tntstre& colltiDU¢S to care for the Grammar School Tru5L We continue to work with M & G Investments who hold the financial ￿tfOliO. Following our negotiation yryth M & G InV¢sImen￿ the Tn￿teeS now have full oversight of the finallcial W￿0110 with quartuly reports and updates. - The PCC continue to ￿ served by our FiDan¢¢ & A(Imioistrative Manager and their colleague Parish Athninistration Officer. - Day to day items of continuing care of the Chu￿￿ the statytory asp￿ and the general day ty day maintenonce which have includcd.. The PCC have continued to WO￿ through iiems raised by our last <￿]￿qUe￿I&l Report 2019. The new QuinquenDi41 Report written at the end of this reporting year will forni the b&sis for our [q￿ for 2025. . Routine servtcing and testing of the knilejx fre extsDguiskn. intruder alarnL cl¢xk and ￿rtable applian￿ were canied out. Leaves and mo&s were cleaDed frotll the roof and drainage gulleys cleaDe . Various blocked sp￿ts and drains were cleaTryI. - Gravestones have lyen checked and tlKw in immediate danger laid fia( oth¢r5 bave been identified for futstre attentaoD. - The Churehwardens have Carried out their UF#Jak of the Terrier and Inventory. - The LogErf)ok is up to dale ￿7th works on the Church and in the Churchyard . Updated our regi5t¢r of k¢yhol(l¢r3. Page 2 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARtSH OF ST MryLFRID'S STANDISH REPORT OF THE TRUSTEES for the Year Ended 31 De¢emb¢T 2024 Report of the Trustees (Cont'd_.) . Our Fire 0￿1Ccr has wried out their annual inspeciiry r￿ordS are k4)t Ètk the Parish Offi¢e. Our Policy was last updated in May 2022. - Reviewed our fee structure for W¢dding5 aTbl Funeral (this is all atmual r¢view)- a tabl¢ of th¢ fees is available in thc Parish Office. . We reviewed our Communion As5is¢ants and Some new pw)le to be part of the Team. - The PCC continue to use Trim & Pn)per ￿ caTe for the Churchyud. - David Wells Organ Budd¢rs continue to care for th¢ Orgaty tuning it at regular times throughout the year. Chur¢hes Together in Standish has Continued to meeL the Week of Prayer for Christian Unity w&s rna￿ here xt Standish Methodist Church and well Support￿ by all memkn churc1￿. We once again 5UPPOrted the events of Churches Together in Standish, eS￿CIallY the'¢an collection. at Christmas for th¢ Brick ProjecL events around Advent and Iknt. - A substantial project for the PCC. and tbe whole Church Community. was the WO￿ through the launch of the Save Standish Spire Appeal. Through the considcrdble work of the committee. made up of PCC members and member8 of the wider community, the Group ha5 w9￿d tirelwly thmllghout this last year enabling many events to take place. In response io various fornis of literature the wider community I￿ been Yery generous in their Mponse and support of the Ap￿1. The work of the committee will Continue iDlo 2025. During the yeaT we were successful with our bid to the NLHF and the consulrant appointed ooniinues to work with us to ovetsee the outwmes of thai Gr¥nL Alongsid¢ the other day to day a¢tivities this has been anotkn kny year for the COU￿11 and my thank5 are expressed for tb¢iT time and energies for the Eenefit of St Wilfrid'& The Parochial Church Councd con]mend the for the year ending 31st D￿ents 2024. and its budget for the W¢ are requested, as ChaTity Law states. to stst¢ that memlxr of the PCC receivryj payment for eanyin8 Out their duties in this ]asi fllwi¢ial year. I commend this Annual Report to th¢ Parish of St Wilfrid's, StstidislL ACHIEVEMENT AND PERFORMANCE Investment perfornianee The PCC has a medium tern] in•/esthi¢nt with M&G Inve5thieDts Limiied in a Specialist fund for charities. The value of the invttqthient bas inrre&s¢d from £290,664 10 £298241in the year, an iDcrease of £7,577 (2023 - £6,994 d¢¢rease). This represents an unrealised profil and a 3% inercw in the fimd value. Dividends have been declared in the year of £18230 (2023 - £17J18), Tweseniing a small inuease iti return of 6JV (2023 - S.￿1￿) and ther¢fore contnl)utillg ￿ general FINANCIAL REVIEW FiDAn£ial po$ltion Income for the year is repittrl at £319292 (2023 - £305,4(P)), r¢presentitig an increase of 5 However, there are mitigating factors behind this stnall irn. In the year the PCC rxeived l¢gxies totslling £65.315. AESO, p1alln￿l givitkB bas incre&sed by 23•A, which is pleasing. Exp¢nditure on charitsble acuvities has Teduced ty £286.69512023- £302.395). The de£rc&f¢ Teflects the decrewe in utiliti¢& which have gone from £42.305 to £32J61 in the year. Overall in 2024 the PCC has recorded a Sury1￿ of £40.173. malt) el¢ments being £36.155 unr&4tricted sU￿1￿S End0v￿lent surplus of £5 and £4,013 1rstri¢t&l Page 3 THE PAROCHIAL CHURCH COUliCIL OF THE ECCLESIASTICAL PARISH OF ST W'ILFRID'S STANDISH REPORT OF THE TRUSTEES for the Year Ended 31 December 2024 STRUCTURE. GOVERNANC£ AND MANAGEMENT Governing docllment The PCC is a corpordte bc*Jy esthblished by the Churcb of Ettgland. The PCC operat¢s under th¢ Parochial Chur¢h Coun¢tl Powers Measure. li is r¢gistereA] with the Charities Commitsion a Charity. in accordallce with the Charities Aet2011. Charity eonstlthdon The PCC constitution includ&% the eJnbth¢nt of a Stsnding and Finance Committee, whose responsibiliti¢s are to ex¢rcibe any necessary PCC business between meetings. The Stsnding and FiDance Committee's Ctsnsti￿tcd membeT5bip 15 the Rev'd Canon: ChUrchward￿. Trcwrer. s￿retrry pl￿5 other representative of the PCC. The tern]s of all PCC sub-CO]Dmittres are reviewed las ll￿). and a8re&l and their membeA%hip is ￿p￿Inted by ¢lection at the first me¢ting of the PCC following the AnouAJ MeetiDg. Reerultment and appointjnent of new tr￿Stee% PCC appointhients are made by election ￿ the APCM. The pThKess of appointment 15 set oui by the Church Representation Rules. The PCC membeT5 hold resp￿s1￿112tsCs including health and safety. discrimination legislatii>n. child protectton and other legal obligations. Member5 aTe introduced ￿ their re5p)nsibilities at the first meeting of th¢ PCC following the Annual Meeiing and all Current procethtr¢s in place are r¢viewed and ratsfied for a filrther yeor. Related pgrtles The PCC has one related Charlty, St Wilfrids Church Tn5St (Charity number. 1040472). The aim of which is to pre%erve, Inaintain and impTove the Church of St Wilfrid's Stsndism the building, th¢ chu￿hYard and f￿￿re8 and fittings. Rlsk m￿￿geMent The PCC recogniw it's rwsibility for D]ana8iDg risk and best PEactice and confomiity to legal obligation8 in all areas of ¢hurch life. including.. physi¢al risks to the health alld safety of volunteer4 and users. flnanciat risks through commercial activity and inN'estment. the th"lapidatlOD of buildiDg4 personnel issues including loss of people with k¢y skills and the safeguarding of chil¢lreD and other vulnerable Fwle. Th￿e i&8tses are always considered as part of the decision-making pro¢e&s according to their relevance. and measures taken to mitigaie risks through monitoring, training and regular review. The PCC h&s specific policies relating to these areas thai art reviewed anDually. Safeguarding A Safeguarding policy has been a￿pteintr4 in accordance with dio¢esan guidelines. The policy wvers chil&¢n and M￿nerable adults. It is reviewed at Le￿ annually Health ¥nd S•fety The PCC. ensures that rel¢vant health and sofety law adhered ￿ in all church buildingb and by all church or8anisati¢)ns. The Rev'd Can0￿ Church Wardens aDd archii¢¢i meet regularly to develop and motiitor faci]ities and i)perating pwtices withiD them. REFERENCE AL¥D ADMINISTRATIVE DETAIiS ReglsteTed Charlty nujnber 1181356 Prinelpal address Parish Hall Standi5h Wigan WN6 OXF Page 4 THE PAROCHIAL CHLRCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST I￿VR1D's STANDISH REPORT OF THE TRUSTEES for th¢ Year Ended 31 D¢¢ember 2024 Truste Clergy.. Rev Canon Andrew Holliday Rector LLM: Dr Sh¢i]a Fisl)¢r Andrew Salisbury Members: Elizabeth Dear (2025) Peter Donnelly (2025) Jeffrey Gray (2025) Neil Heyes (2027) Brian McGuirk (2025) Eve Martland (2025) Elaine Parker (2027) David Hartley (2025) David Johnson12025) Janet Dickinson (2026) Jillian Hyde Baron (2027) (the APCM 2024 left 3 vacancies for the PCC) Cfropted members.. Stuart Colothatt- Head Teacherof St Wxlfrid's ChuTch of England Primary Academy Deanery Synod members: forthe D¢Xt Iwo yea[5 Andrew Siokes Debbie Parkinson- (Domtoated to tbe PCC meeting 231d July 2024) Rachel Bithk- Inomitiated to the PCC meeting 23 July 2024) Leaving 2 vacancies Treasurer laura HUl￿e All trustees are members of the PCC, they are nominatrf sttonded for election to the COU￿1] at our APCM. Members are either ex-officio OT elected by the Annual Par(thial Church Medin8 (APCM) in ac¢ordallce with Church Representauon Rules. Indep¢ndeDt Exatnlner J C L¢e¢h FCCA 4 ShevRll8ton Moor Standish Wiga Lancashire OSA Bankers Royal BaDk of Scotland plc Market Street Wigan NVNI IQS Approved by order of the of trustees on....l.i.l.o..3..1.AO 2.S .. and Signed on its khalf by: Rev anon Andrew Holli y- Tn￿1¢¢ P￿¢5 INDEPENDENT EX￿￿111￿ER'S REPORT TO THE TRL'STEES OF THE PAROCHIAL CHLRCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST WILFRID'S STANDISH Independent examlner'5 repDrt ¢0 the trllitees of The Pwoehl*l Chureh Counfll of the Eetle8i081if*l P*ri¥h of St Wiifrid's Standish I report to th¢ ¢harity tTus*es on my examiuation of xcounts of The Pa￿￿bi&l Church COW￿11 of the Ecclesi&8ti￿l Parish of St Wilfrid's Standish (the T￿J￿) for the yesrended 31 DeLember 2024. RespoDsibllitie8 and b*sis of report As the charity trustees of the Tnjst you are ]rST￿ible for the PTepatation of the accounts in accordance with the requirernents of the Charities Act 2011 Cthe Acl.). I rewin in res[￿1 of my ¢xamintition of the TrusV5 accounts out under Secuon 145 of the Act and in canying out my examination I bav¢ followed all applicable Directions given by the Clwity Con)missi¢)n under Section 145(5){b) of the ACL llldepeDdent examlner'8 statement Since your chariry's gross income exceeded £250.(MX) your examiner must be a mmber of a iisied iK)dy. l Can confm that l atn qualified to undenake tbe examination I￿use l am a member of the A&qKiation of Chartered Certified Accountant& which is one of the Jis*d bodies. I have completed my ¢xamination. I confum that no t[￿terial matt￿5 have cotne to my atrentioD in coiiIiection wxth the examinalion giving me cause to b¢li¢ve that in any It￿￿rI￿ resp￿¢. counting rKords were t￿1 kept in ]r5pect of the Tn￿1 rwuiTed by Section 130 of th¢ ACL. or the a¢¢ounts do not accord those records.. or the accounts do not comply with the applicable rwiremettts Concer￿ the forni and cimteDt of accounts set out in the ChaTities (Accounts and Rem) Regulauons 2(M)8 other than any requirement that the accounts give a Irue and fair view whAch is not a matter coL$i￿ &$ part of an inde￿1 examinatio I have no concerns and have come acro&8 Do other maners in Connection ￿1th the examination kn which atteniion should be dram￿ in this rewrt in order to enable a proper undersiandiDg of the aceouots to be reacb¢d. C. Ctsr J C Leech FCCA 4 Shevington Moor Standish Wi8an Lancashire WN6 OSA Date.. Page 6 THE PAROCHIAL CHIIRCH COUNCIL OF THE ECCLESIASTICAL PAIUSH OF ST ITrILFRID'S STANDISH STATEMENT OF FII%ANCIAL ACTIVITILS for the Ye*r Ended 31 Deeethber 2(124 2024 Total Unrestrieted Restricted EndowJDertt funds fund 2023 Total fimd5 Not¢s INCOME AND ENDOWMENTS FROM Donatiolls and Reg￿leS 151.662 38288 189.950 181.243 Charitablt aetlvities Clwitable aetivities 105.154 105.154 103202 Other trading aciivitiG5 Investment in¢ome 2.445 2,445 2.135 Tot 279 286 38288 317579 EXPENDITURE ON Charitable activitl Charitsble activiues 238.171 5.465 243.636 263,173 Other 41.346 Total 279 517 5.465 302 Net gaIn￿{lO￿esI on investments 7577 NET INCOMEI(EXPENDITURE) 32,823 40.174 (3,980) RECONCILIATIOI¥ OF FUNDS Total funds brougbt fonvatd 799,156 39.055 2.486 840.697 844,677 TOTAL FUNDS CARRIED FORWARD 806.502 880.871 840.697 The noies forni part of these financial ststements Page 7 THE PAROCHIAL CHURCH COU.NCIL OF THE ECCLESIASTICAL PARISH OF ST WILFRID'S sT￿NDISH STATEMENT OF FINAIYCIAL posrrioN 31 Dec¢mber 2024 2024 Total fimds Unrestricted Restricted Et)dowment fithd5 2023 Totsl Notes FIXED ASSETS Tangible assets Investhients 434,877 298.436 12 434,877 298.436 426,143 290 859 733J13 733.313 717,(X)2 CiIRRENf ASSETS Debtors Cash at bank 13 3246 92 3.246 272,363 177.321 11,123 118 217 95.797 177J21 2.491 275.609 129,340 CREDITORS Amounts falling due within one year 14 (22.fAJ8) {105,443) (128.051) (5,645) NET CURRENT ASSETS 71,878 2.491 147 558 TOTAL ASSETS LESS CURRENT LLIBILrriES 806J02 71.878 2.491 880.871 840.697 NET A&SETS 806.502 71.878 2.491 880,871 The notes forni part of these fi[w￿la1 ststements Page 8 ntinued... THE PAROCHIAL CHLTRCH COUYCIL OF THE ECCLESIASTICAL PARISH OF ST WILFRID'S srANDISH STATE.MENT OF FINANCIAL posrrIoN- ￿nI1￿￿ed 31 Detember 2024 FUNDS Unre5triCied fithds: General fvnd Restric*d fi￿d&". Flower fimd Choir and Musi¢ fund Youtjg peopl¢ fund Churchyard MRssion and Ministy Wiifs warm spaee 15 806,502 799,156 3,767 3.826 3.242 30,443 30,0(MI 3,394 1,976 3,242 30,443 71.878 Endowment ￿nds. Endowment funds 2.491 TOTAL FUNDS 880.871 840 697 The financial statements were approved by the Board of Tntstees and authorised for i&sue on i.1.]..o...*.i.l.Q..L%........... and were sigwl on its behalf by.. Mrs Kathryn Ashton- Trwstee Mr Andrew Salisbury- T The noles forni part of these stst¢m￿ts Pa8e 9 THE PAROCHIAI. CHLTRCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST WTLFRID'S STLNDISH NOTES TO THE FINANCIAL STATEMENTS for the Yur Ended 31 Deeember 2024 ACcoU￿rING POLICIES Basls of pr¢p8rlng tbe finaDelai ¥tatern¢nts The financial ststements of the chan"ty. which is a public i*Defit entity under FRS 102. 1]ave been prepaTed in accordance with the Chariiies SORP (FRS 102) 'Ac£ounting and ReEMTrrting by Charities.. sta￿ment of Recommended Practice applicable ￿ elwitie5 PTeparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of ITeland IFRS 102) (effective l January 2019),, Fanancial Reponing Stsndard 102 Tr FitwKial ReFMTrning Stsndard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The fmancial 5talemellts have been prepared under the historieal cost onvelltion. with the excep¢ion of investtnents which are included at market valDe, as modified by the reyaluation of ¢enain a&w. Th¢ charity has thken advantage of the followitig disclo￿ exemption in preparing these fm8n¢ial ststement4 &5 perniitted by FRS 102 The Financial Reporting Stsndard applicable in the UK and Republic of Ireland,: the requirements of Section 7 Ststement of Casb Flows. Income All inc¢)me is recognised in th¢ St*ement of FinaDcial Adivities once th¢ clwity has entitlement to the fi￿d& it is probable that the itiCOD)e will be ffceiycd and the am(MJDt can be measured reliably. Expellditure Liabilities are recognised a5 expenditure as s(x)n as there is a legal or constru¢tive obligation committing the charity to that exw)dityre, it is probable that a traDsfer of tt(momic benefits will be requir¢d in settlement and the amount of the obligation can be measured reliably. Expendintre is accounted for oa an aC￿￿lS b￿15 and has been cla&8ifi¢d under headings thai aggreg￿e all cosi re]ated ￿ the category. Where costs cannot be dire¢tly attrfftbU￿d to particular headings they have been allocated ￿ activiiies on a basis ￿nsISteni with the use of TaDgible fixed *sgets Depreciaiion 15 provided at the fouowing annual rates in order ts) write off C￿ over its estimated useful life. FixtUTes and fitting5 Computer equipment 25°A ￿ cost 50% on w5t Taxation The charity is exetwjt from t&x on ils clwitable a¢tivitie& Fund *eeounttDg Unrestricted funds be used in accothce with the ¢trtaritabk obJectiv¢s at the discretion of the Irustees. Re5tri¢ted funds call only be US￿ f(K particular rEstrictyJ putposes within the objects of tbe charity. Restrictions arise when 5pxified by th¢ donor or Twhen fimds are rnised for particular restrscted putwses. Further explanation of the nattwe and PUTFW)se of each fund is includ¢d in the to the financial statemenL8. InvestmeDts Investrnents are valued at cosi any impairnienl as at 31 December. but only down to the protected capitat invested. Any gains above this threshold is taken ￿ the Stst¢meDt of Fanancial Activities on an unreaiised basis. Pension eosts 8nd otber post-rettrerneDt benefits The charity operdtes a def￿ed contribution pen5iOD xheme. Conthl)utioDs payable w the ¢haTitys pension scheme are ch8r¥ed io the Sta¢emellt of Financial Activities in the peri(Mt to which tbey relate. Page 10 eODtinued... THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST IITLFRID'S STAI%DISH NOTES TO THE FLNANCIAL STATEMENTS- e04thiued for the Year Ended 31 De¢emb¢r 2024 ACCOUNTING POLICILS- Continued Consecr*ted and benefieed property Conse£rdied and benefice property is excluded from the accounts by s.10 (2) of the Charities Act 2011. No value is placed on moveable church fimllshings beld by the church wardeEL% on special trust for the PCC and whieh require faculty for diswthl, sinc¢ the PCC considered this to be inalicnabl¢ pr(yerty. All ¢xpendiwr¢ Incu￿ed during the year on cott£ecr￿ or benefi¢oJ ljuilditigs attd moveable church furnishings: whether it be mainrenance or improi'emeDC is written off iti the Statement of Financial Activitie4 except those clearly id¢niiftable a55ets regarthg the P8risFL H￿1. DONATIONS AND LEGACIES Don#tioD$ •nd leyeles Total Total fuDd$ Unrestrict ods Restrleted funds 2024 2023 Tax effleient giTriDg: Planned giiing Colle¢tiolls Income tax Te¢ov¢rdble via Gift Aid 60J78 20,435 60,578 20,435 49,917 20,452 12.858 12.858 14,875 NOD tax efflelent regular glTring: Plallned giving 8261 8261 6,039 Other doD4tl•lls: Speciat collectioDS Other dottatsons t£gacies Flower fi￿d Choir and music fimd Churchyard fund ¢knJations Other IDconie: Warni space grant Ground rents Wilfs warm space National Lottery grant lJ52 10.899 lJ52 10.899 65.314 2,lJ3 1.850 2.617 500 62.049 19.990 2,363 860 3.193 30,652 2,133 1,850 2,617 3.053 151.662 38288 189.950 181243 Pagell continued... THE PAROCHIAL CHLIICH COL'IICIL OF THE ECCLESIASTICAL PARISH OF ST ￿.[LFR1D,s STANDISH NOTES TO THE FINANCIAL STATEMENTS- ¢ontinued for the Ye*r Ended 31 December 2024 OTHER T114DING ACTivrriES 2024 2023 Fundraising activities 2.445 2.135 INVESTMENT INCOME 2024 2023 Other fixed invest- Fll Deposit accounl intcr&st 20,025 20,030 INCOME FROM CHAIUTABLE AcnvrriES Cbarit*ble aedvitics Total funds Total fuDd5 U4mtri¢ted ruDds Restrieted fknDd¥ 2024 2023 Fees- weddings and nerals Fees. baDns aDd certificates Fees- crematorium Merchandise, copying Parish hall- re use of hall Partsh Ihall other doDaiioDs Social events 54.703 54,703 54,320 396 4,514 264 29,105 396 4.514 264 29,105 153 2,420 140 27.945 2,086 16.172 105.154 105 154 1113 Page 12 continued... THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST IIqLFRID'S STANDISH NOTES TO THE FINANCIAL STATEMEN15- eollthiued for the Ye*r Ended 31 D¢cember 2024 CHARrrABLE ACTIVITIES COSTS Charilable act5￿¢￿ eo8ts Totsl funds £2024 Totsl f4Dds Costs of geMtratln8 funds: Parish Ha]1 ¢xpet*s Magaine costs Special colltrti¢)rts ial committeeexp#Js¢5 £21123 20.444 1.035 1210 4.159 20.444 1,035 1,210 4.159 14,967 2.166 1,321 All mlsjloth glvlng *Dd d￿rItsb1e gr#nts: Chwitsble giving ChAritable getlyllkn: eson parish share Director of rnusic and orBattists fcts SubscThptioTrs Wedding and fun¥￿ costs Maintenance aNI rqy&tr costs InsurBn¢& Se￿i¢L itans Flower fvnd ¢￿)Sts Mission and ministy Edu￿110￿ Ch(>ir dnd music fund ¢￿ts Monuments 108.897 8.054 1,733 14,753 7277 10.681 820 108,897 8.054 .733 14.753 7277 10.681 820 I.7￿ 652 7,780 1,877 14,041 12,759 10.034 1,302 4,189 1.7(A) 652 765 21269 485 3,735 1,687 20273 765 21269 485 3,053 11.740 7.980 4.899 7,742 Gn)und at￿ fabric LX)SIS Naiional Lottery grani costs Uiiliiits- gas uu1iii￿- elLK1ricity Utilitits- wat¢T Utilitits- phon¢ D¢prLYialion 3.053 11,740 7.980 4,899 7.742 4,127 23.540 9Jll 1.333 7.921 216788 239 182 TOTAL CHAWTABLE ACfJVITIES COSTS 238.171 243.636 Page 13 continued... THE PAROCHIAL CHURCH COLNCIL OF THE ECCLESIASTICAL PARISH OF ST MqLFRID'S srANDISH NOTES TO THE FINANCIAL STATEMENTS- COllliDue41 for the Year Ended 31 Deeember 2024 OTHER Other colts Unrestrleted R¢stri(ted funds funds Totsi fullds £2024 Tot81 funds £2023 Other governan¢e *nd *dmiD eosts: Indep¢ndeni examination Generdl athnin expeL Athnin wag Admin pernsion Ministy and pastl)Tal expe Parsonage houses Legal and profe&sional fees Donations to Trust 400 3.162 20,811 437 2,392 3.036 651 8.304 29 5J02 18,981 470 2.052 3.189 3.757 7.147 48 5.302 18.981 470 2.052 3.189 3.757 7,147 48 41.346 41,346 TRUSTEES, REMUNERATION AND BENEFITS Thelf were no tru5t¢cs' remuneiation or other benefits for the year 31 Decetllber 2024 Dor for the year ended 31 December 2023. Trn8tees' expeDses Th¢re were no Irvstees, expenses paid for tbe yw eth 31 December2024 llor for the year ended 31 D￿ernber 2023. STAFF COSTS 2024 2023 Wages and salaries OtI￿r pension costs 18.981 470 20,811 437 21.248 The average monthly Dumberof entployees during year was a5 fouows.. 2024 Administration 2023 No employees received ¢moluments in exc¢ss of £￿.(￿N>. Page 14 eontinu¢d.. THE PAROCHIAL CHLRCH COLINCIL OF THE ECCLESIASTICAL PARISH OF ST WILFRID'S STANDISH NOTES TO THE FINANCLIL STATEMENIS- ¢ODtlllDed for the Year Ended 31 December 2024 COMPARATIV￿ FOR THE STATEMENT OF FINANCIAL ACTIVITIES UnrEstri¢*d Restri¢ted Endowm¢nt fijnds fimd io. Total INCOME AND ENDOWMEM FROM Donations and legacies 178,020 3223 181.243 Charitabl¢ actiwities Charitsble actiTrrilies 103202 103202 Other trading a¢tivities tllV&8tment in¢om¢ 2.135 2,135 Totsi 302 177 EXPENDITLTrE ON Charitable activitie5 Charitsble activities 250289 12.884 263.173 Other 39 39 Total 289511 302 395 N¢t gaiu￿(lO&S£s) on invcsttD¢n 6.994 I%ET 1SCOMEI{EXPE)DITiIRE) Transfers between fuDd5 5.672 5202 (9.6611 (3,980) Net movement in funds 10,874 (14,863) (3,980) RECONCILIATION OF FUNDS To￿1 funds brought forward 788282 53,918 2.477 844.677 TOTAL FUNDS CARRIED FORWAIU) 799.156 39.055 2.486 840 697 Page 15 continud.. THE PAROCHIAL CHURCH COUICIL OF THE ECCLESIASTICAL PARISH OF ST 1TrILFRID'S STANDISH NOTES TO THE FINAISCIAL STATEMEYTS- eontinued for th¢ Ye*r Ended 31 Detejnber 2024 li. TAI¥GIBLE FIXED ASSETS Fixtures Fyeeknid Computer equipment fitiings Torals COST At l January 2024 Additions 412.990 34.719 12.308 .485 553 449,194 At 31 De¢embcr 2024 462 055 DEPRECIATION At l January 2024 Charge for year 21.566 1.485 277 23.051 4.127 At 31 December 2024 25.416 NET BOOK VALUE 31 December 2024 412.990 21.611 276 434,877 Ai 31 Decemb¢r 2023 412.990 13.153 426 143 12. FIXED A&SET INVESTMENTS Listed investments MARKET VALUE At l January 2024 Revaluations 290,859 At 31 December 2024 298.436 NET BOOK VALLE At 31 December 2024 298.436 At 31 December 2023 290.859 Th¢re were no investment a&sets outside the UK. Cost or valuation at 31 DecenaJ¢r2024 is repres￿ by.. Listed investments Valuation in 2019 Valuation in 2020 Valuation in 2021 Valuaiion in 2022 Valuaiion in 2023 Valuation in 2024 Cost 12.737 (58,3471 37,167 {17.557) {6.994) 7.577 323.853 298.436 Page 16 contillU￿... THE PAROCHIAL CHI',RCH COLI¥CIL OF THE ECCLESIASTICAL PARISH OF ST M'ILFRID'S STANDISH NOTES TO THE FINANCIAL STATEMENTS- eODtknue ror the Year End￿ 31 Def¢mber 2024 12. FIXED ASSET INVESTMENTS- coDtIDlled Investment is Ulade from the prior sale of a properry and ts managed by M&G Investments Limited to provide Iinrestricted in¢0￿e to the cljarity. The charity holds 20255.454 units in'charifimd aryd ai 31 D¢¢ember 2024 the investmeDi has be¢n revalued upwards to £298,241 (2023- £290,859). The 5vbsequent gain of £7577 (2023 - £6.994 loss) has been reflected in the SOFA. The ¢haTity also holds investments with Central Board of FiDan¢e (of C of E) Iniesttnent fill￿ for £101.95 (Miss S E Edwardson legacy) and 12.50/0 Treasury stock 1993 for £109.12 (Thew legacy). The value of these combined funds renll11￿ un¢hanged at £195 in the year. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 13. 2024 2023 Other debtors Gift aid Prepayments 4.611 3,909 3246 3,246 11,123 14. CREDrfoRS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Accruals and deferr￿ income knrued expen5e5 105.443 22.608 128 051 15. MOVEMENT IN FUNDS Net movemeni in fun