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2024-12-31-accounts

Registered Charity number: 1182398

Holy Trinity Church, Stapleton.

Annual Report and Financial Statements

For the year ended 31 December 2024

1

Holy Trinity Church, Stapleton

Contents

Page
Title Page 1
Contents 2
Reference and Administra
ve details of the Charity,		 3 - 4
Its Trustees and Advisers
Trustees’ Annual Report. 5 - 9
Independent Examiner’s Report 10
Statement of Financial Ac
vi
es		 11
Balance Sheet 12
Notes to the Accounts 13 - 19

2

Holy Trinity Church, Stapleton

Reference and administra ve details of the Charity, its Trustees and Advisers For the year ended 31 December 2024

PCC members who have served from 1 January 2023 un l the date this report was approved: Curate-in-Charge: Rev’d Vicky Wicks. Curate: Rev’d Ruth Harding. Churchwardens : Delia Beake Ben Harding Representa ves to the Deanery Synod: Ben Harding Duncan Struthers Elected members: Duncan Struthers PCC Secretary Lynne Monks PCC Treasurer. Annabel Azeke co-opted … Delia Beake David Bate Ros Bradley Annabel Dart un l April 2024 Ben Harding Ruth Harding Luke Hitchin co-opted … Olly McGregor co-opted March 2024 Pauline March Richard Monks Deborah Mulvihill Diana Price Ian Serjeant LLM Charity Registered number 1182398 Registered O ce The Parish O ce, Church Hall, 23 Park Road, Stapleton. Bristol. BS16 1AZ Email: administrator@holytrinitystapleton.org.uk Website: www.holytrinitystapleton.org.uk

3

Independent examiner Susan Rickerby Lloydbo oms Chartered Accountants 118 High Street, Staple Hill Bristol, BS16 5HH Bankers Na onal Westminster Bank PLC 778 Fishponds Road, Bristol. BS99 5AX CCLA Investment Management Ltd The CBF Church of England Funds, P O Box 12892 Dunmow, Essex, CM6 9DL

4

Holy Trinity Church, Stapleton

Trustees Annual Report For the year ended 31 December 2024

__________

Aims and purposes

The PCC has the responsibility of co-opera ng with the Curate-in-Charge, Rev’d Vicky Wicks, in promo ng in the ecclesias cal parish the whole mission of the Church, pastoral, evangelis c, social and ecumenical. These objec ves are for the advancement of religion, and the PCC has had regard to the guidance of the Charity Commission on the requirement to demonstrate that they are for the public bene t, and in par cular the supplementary guidance on chari es for the advancement of religion.

The PCC also has maintenance responsibili es for the Church on Bell Hill and the Church hall at 23 Park Road, Stapleton and their ngs and contents, but the churchyard is closed for burials and Bristol City Council is responsible for its maintenance.

Objec ves and ac vi es

We aim to live out the Biblical vision of a Chris an community and we are commi ed to enabling as many people as possible to worship at our church and to become part of our parish community at Holy Trinity. The PCC maintains an overview of worship throughout the parish and makes sugges ons on how our services can involve the many groups that live within our parish. Our services and worship put faith into prac ce through:

During 2024 the following values have been pre-eminent in our church community:

5

Mission

We make connec ons………….

With God through

Worship and prayer in various se ngs during and a er services and in daily, weekly and monthly prayer and worship opportuni es.

With each other through

Small (midweek) groups, suppor ng Wider Church (mission ac on) groups, the local Churches Together in Worship, Messy Church, the Pastoral Care group, Sunday worship, social ac vi es and age-related groups (children and youth).

With the wider community through

Praying for, communica ng with and dona ng to the missionary and other charitable work of the wider Church in the UK and overseas. This year we have donated to Church Mission Society, Far East Broadcas ng Corpora on, Kingswood & South Gloucestershire Deanery’s Uganda Link and the Lee Abbey Small Missional Community in Knowle West. We have also supported African Pastors Fellowship, Bible Society and The Leprosy Mission. The Christmas collec ons were divided between Embrace the Middle East and inHope, a local charity caring for the homeless in Bristol. This year we worked for the rst me with Elm Tree Farm for a Christmas Carol event and we are always looking for opportuni es to serve our local area.

Church Worship

We have welcomed former members of St. Michael’s Stoke Gi ord to our congrega on at the start of this year and this has greatly enhanced the variety of services we are able to o er. We are keen to o er a wide range of services throughout the year that we all enjoy and which help us meet Jesus and worship him. The 8.30am service provides a quieter and more tradi onal environment whilst the 10.30am service provides more lively and contemporary worship opportuni es. We have been fortunate this year in welcoming musicians from the gra ing with St. Michael’s and they have augmented the music already provided by our music group. We provide ac vi es for children at all our 10.30am services and this has resulted in an increase in children and young families joining our congrega on.

We had an excellent response to our Gi Day held to coincide with Generosity Week in October.

The Church, Church Hall & Churchyard

We are in the process of re-ordering the church at the moment in order to o er be er catering facili es, accessible toilets as well as access to all areas for wheelchair users. We have appointed architects who have completed a Survey and Feasibility Study. We have worked closely with the Diocese who have been very suppor ve of our plans and we have now submi ed a faculty applica on. We are also considering the removal of the old wooden pews to provide more comfortable and exible sea ng and there is a need to provide a safe place for the children to meet on a weekly basis rather than having to move to the church hall. This is very much an ongoing project and has been made possible by the legacy le to us by Kath Curnock. We will nevertheless need to do some fundraising in order to complete our plans.

We are also looking to upgrade our audio/visual facility and are grateful to PCC members for the work they have put in to ensure our A/V system is t for future needs.

6

The Church Hall no longer has a gas supply as the heaters were replaced with infra-red heaters last year. This year we have replaced all ligh ng with LED lights and installed a new door and replaced the water boiler in the kitchen. This was in response to the Energy Audit carried out by the Diocese and was paid for by a grant from them which we acknowledge with gra tude. Thanks are also due to Dave Price and Tony Monks for general maintenance work carried out at the hall during the year. And to Delia Beake for managing the hall le ngs.

The People

Rev’d Vicky Wicks was appointed as Curate-in-Charge from January 2024, and we welcomed several members from St. Michael’s Stoke Gi ord this year. Delia Beake and Ben Harding agreed to con nue as Churchwardens, and we are very grateful to them for the many hours of work they put into their roles. We employ a Bene ce Administrator to assist with the administra ve work at Holy Trinity. We are grateful for the many hours of work put in each week by dedicated volunteers including the music group and band, the welcome stewards, the cash coun ng team, the refreshments team and the ower arrangers who have decorated our church so beau fully by providing fresh owers throughout the year and the special arrangements provided at Easter, Harvest, Remembrance Sunday and Christmas. Rob Wicks has been overseeing our Sunday Children’s work and Joel Preston has been overseeing our church youth work, and we are grateful for the me they give to this work.

We are always keen to foster good rela onships with local schools and are grateful to Collegiate School for hos ng a Christmas Lunch for Senior Ci zens and also for their contribu on of £1,625 towards the running costs of the church.

Children and Youth

The gra ing with St. Michael’s has brought more children and young families to our church and we provide ac vi es for children at all the 10.30am services. We are grateful for all the e orts put in by Rob Wicks and his team of volunteers who help on a rota basis. Special thanks must go to Abby McGregor who seems to be very happy to be on the rota every week. The monthly All Age services have now been streamlined to around 5 per year as a result. Due to the growth in numbers the children’s group now use the Church hall a er our “all together” me at the start of the service and then rejoin us in the Church to share their ac vi es. We are mindful that this is not an ideal situa on par cularly during the winter and we are looking at op ons to provide a safe space within the church building for our children’s group. Joel Preston has been appointed as Youth Ministry Team Lead.

Messy Church con nues to meet monthly under the leadership of Rev’d Ruth Harding and Jane Monks and is well a ended.

Teenagers meet at the Rectory on Tuesday evenings for a Pasta Night led by Joel Preston and Rev’d Vicky Wicks.

Rev’d Ruth Harding co-ordinated the Christmas in a Box ini a ve at Glenfrome School and Rev’d Vicky Wicks led an assembly there (hopefully the rst of many). Collegiate School have con nued to use the church for their start and end of term services (led by one of our clergy) as well as various other services throughout the year. We have begun to build rela onships with Begbrook School, the other primary school in our parish.

7

Safeguarding

Delia Beake has taken on the role of PSO for children from Jane Collingbourne and Amy Donaldson is now managing DBS checks. Sheena Helyer is PSO for adults and oversees all safeguarding issues. Details of nominated persons are displayed on the Church no ce board and on our Church website. The policies follow those recommended by the Diocese. The PCC has complied with its duty under Sec on 5 of the Safeguarding and Clergy Discipline Measure 2016 to have regard to the House of Bishops’ guidance on safeguarding children and vulnerable adults. Rob Wicks has been designated as our o cial church photographer and a photography policy was agreed by the PCC at the July mee ng.

PCC work

During the year the PCC meets bi-monthly and we have a Standing Commi ee to deal with any ma ers which might arise between mee ngs. We also have a Fabric Commi ee which deals with ma ers concerning the church and hall buildings and a Finance Commi ee to oversee our budget and nancial planning. Both Commi ees report to the PCC on a regular basis.

Welcome Stewards

During the year the following people have served as Welcome stewards:Linda Reeve, Sally Lanceley, Chris ne & Alan Rogers, Tony & Lynne Monks and June Roberts and we are grateful for the welcome they provide at the door every service.

Reports

In addi on to the report on the fabric of the Church and the proceedings of the Deanery Synod, which are required by law, separate reports are provided at the APCM by the following teams or commi ees:

Finance Commi ee Pastoral Care team Children’s ministry including Messy church. Youth Ministry Musical worship

Commitments

Our main commitments are for Parish Share to which we pledged £27,000 and were able to pay in full and to Wider Church projects to which we paid £5,393. Our Church and hall insurance amounted to £8,638.

Reserves policy

It is the aim of the PCC to maintain a balance on unrestricted funds which equates to three months’ unrestricted payments in order to smooth uctua ons in cash ow and to meet emergencies. We have been able to increase our reserves this year through increased giving and interest payments. Our policy is to invest funds not required for imminent expenditure with the CBF Church of England Deposit Fund.

Structure, governance and management

The Parish remains part of the Suspended Bene ce of Frenchay & Stapleton in the Diocese of Bristol. The Parochial Church Council (PCC) is a corporate body established by the Church of England. The PCC operates under the Parochial Church Councils Measure and is a registered charity with the Registered Charity No. 1182398. The method of appointment of PCC members is

8

set out in the Church Representa on rules. All who a end church and are eligible to do so are encouraged to register on the Electoral Roll and are therefore eligible for elec on to the PCC.

Independent Examiner

We are grateful for the help given by Susan Rickerby of Lloydbo oms Chartered Accountants, our Independent Examiner. The Annual mee ng will be asked to con rm the con nua on of her appointment.

Statement of Responsibili es for PCC Members/Trustees

The Trustees are responsible for preparing a trustees’ annual report and accounts in accordance with applicable law and United Kingdom Accoun ng Standards including FRS102

The Trustees are required to prepare accounts for each year which give a true and fair view of the state of a airs of the charity and of the incoming resources and applica on of resources, including the income and expenditure of the charity for that period. In preparing these nancial statements, the Trustees are required to:

The Trustees are responsible for keeping proper accoun ng records that disclose with reasonable accuracy at any me the nancial posi on of the charity and to enable them to ensure that the accounts comply with the Chari es Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the preven on and detec on of fraud and other irregulari es.

This report was approved by the Trustees and signed on their behalf by:

………………………………………………… ………………………………….

Rev’d Vicky Wicks Date

9

Holy Trinity Church, Stapleton

Independent Examiner’s Report to the Trustees of Holy Trinity Church, Stapleton For the year ended 31 December 2024

_______________

I report to the charity trustees on my examination of the accounts of the PCC of Holy Trinity Church, Stapleton for the year ended 31 December 2024, which comprise the Statement of Financial Activities, the Balance Sheet and the related notes.

Responsibilities and basis of report

As the charity trustees of the PCC you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the PCC's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all 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:

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.

Susan Rickerby ACA Lloydbottoms Chartered Accountants 118 High Street Staple Hill Bristol BS16 5HH

Date: ........................................

10

HOLY TRINITY CHURCH, STAPLETON

STATEMENT OF FINANCIAL ACTIVITIES

for the year ended 31 December 2024

Note
Income
Voluntary income
2.a
Fundraising
2.b
Interest from CCLA fund
2.c
Church activities
2.d
Total income
Expenditure
Church activities
3.a
Support costs
3.b
Depreciation
3.c
Total expenditure
Net income/(expenditure)
before transfers
Transfers between funds
12
Net income/(expenditure) and net
movement in funds for the year
Reconcilation of funds
Total funds at the start of the year
Total funds at the end of the year		 Unrestricted
funds
£
97,475
145
12,085
4,849		 Designated
funds
£
8,358
0
0
10,529		 Restricted
funds
£
6,262
0
0
0		 2024
£
112,095
145
12,085
15,378		 2023
£
62,377
40
10,895
12,098
114,554 18,887 6,262 139,703 85,410
59,633
1,603
0		 31,110
0
2,500		 17,346
2,839
0		 108,089
4,442
2,500		 84,528
7,228
2,500
61,236 33,610 20,185 115,031 94,256
53,318
0		 (14,723)
0		 (13,923)
0		 24,672
0		 (8,846)
0
53,318
(12,486)
231,068		 (14,723)
12,000
172,123		 (13,923)
486
23,055		 24,672
0
426,246		 (8,846)
0
435,092
271,900 169,400 9,618 450,918 426,246

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure relates to continuing activities.

11

HOLY TRINITY CHURCH, STAPLETON

BALANCE SHEET

As at 31 December 2024

Note
Fixed assets
Tangible fixed assets
9
Current assets
Debtors
10
Cash at bank and in hand
1.e
Creditors
Amounts falling due within one year
11
Net current assets
Total assets less current liabilities
Creditors: amounts falling due after more
than one year
11
Net assets
Charity funds
Restricted funds
12
Designated funds
12
Unrestricted funds
12		 £
£
166,660
7,760
277,713
285,473
(1,215)
284,258
450,918
450,918
9,618
169,400
271,900
450,918
31 December 2024		 £
£
169,160
5,636
255,233
260,869
(3,783)
257,086
426,246
0
426,246
23,055
172,123
231,068
426,246
31 December 2023		 £
£
169,160
5,636
255,233
260,869
(3,783)
257,086
426,246
0
426,246
23,055
172,123
231,068
426,246
31 December 2023
426,246
0
426,246
23,055
172,123
231,068
426,246

The financial statements were approved by the Trustees and signed on their behalf by:

Rev'd Vicky Wicks

Date

Lynne Monks

Date

12

HOLY TRINITY CHURCH, STAPLETON

NOTES TO THE FINANCIAL STATEMENTS

for the year ended 31 December 2024

1 Accounting policies

a. Basis of preparation

The accounts have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. The PCC constitutes a public entity as

After reviewing the Charity's forecasts and projections, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. The Charity therefore continues to adopt the going concern basis in preparing its accounts.

b. Funds

General funds represent the funds of the PCC that are not subject to any special restrictions regarding their use and are available for application to the general purposes of the PCC. These include funds designated for a particular purpose by the PCC.

Restricted funds are those derived from gifts which are restricted to a particular purpose. The accounts include monetary transactions, assets and liabilities for which the PCC can be held responsible. They do not include the accounts of other Church groups that owe an affiliation to another body, nor those that are informal gatherings of Church members.

c. Income

Planned giving, collections and similar donations are recognised when received. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and legacies are accounted for when the PCC is entitled to the use of the resources, their ultimate receipt is considered reasonably certain and the amounts due are readily quantifiable.

d. Expenditure

Expenditure is recognised once there is a legal or constructive obligation to make payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

Diocesan parish share

The Diocesan parish share is accounted for in accordance with the agreed intention of the PCC.

13

NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2024

HOLY TRINITY CHURCH, STAPLETON

1 Accounting policies (continued)

e. Fixed Assets

Consecrated land and buildings and moveable church furnishings

Consecrated and benefice property is not included in the accounts in accordance with s.10(2)(a) and (c) of the Charities Act 2011. Movable church furnishings held by the churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the church's inventory, which can be inspected (at any reasonable time). For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements. Subsequently no individual item has cost more than £1,000 so all such expenditure has been written off when incurred.

Tangible fixed assets

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.

Depreciation is calculated to write down the cost less estimated residual value of all tangible fixed assets over their expected useful lives, using the straight-line method. The rates applicable are:

The value of the Church Hall and adjoining land are held at valuation determined by the Trustees on 1st January 2022. The property is reviewed for impairment, in accordance with Section 27 of FRS 102, at the end of each accounting period.

Current assets

The following assets are recognised and a monetary value given: Amounts owing from the HM Revenue & Customs where the amount has been ascertained. Any other amounts owing to the PCC including church hall lettings and insurance claims. Legacies where formal notification of entitlement and amount has been received at 31 December by the PCC.

Closing bank balances as shown in the receipts and payments account.

Cash at bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors and provisions

The following liabilities are recognised in the Statement of Assets and Liabilities: Any loans or overdrafts advanced to the PCC.

Any shortfall in the payment of Parish Share for the year.

Creditors for goods or services where the supply has been received and invoiced by 31 December. Accruals for services provided in resepct of the year invoiced in a susequent year

14

HOLY TRINITY CHURCH, STAPLETON

NOTES TO THE FINANCIAL STATEMENTS

for the year ended 31 December 2024

2 Incoming resources

2
Incoming resources
a
Voluntary income
Planned giving
Gift aid recovered
Collections at services
Donations
Legacies
Grants received
Diocesan fees
b Fundraising
c
Interest from CCLA fund
d Church activities
Magazine
Lettings
Weddings and funerals
3
Expenditure
a
Church activities
Wider church
Outreach and discipleship
Children & youth
Parish share
Diocese fees
Other activities
b Support costs
Fundraising
Administration
c
Depreciation		 Unrestricted
funds
£
64,538
11,035
5,515
15,877
0
0
510		 Designated
funds
£
0
25
0
8,333
0
0
0		 Restricted
funds
£
140
12
74
6,036
0
0
0		 Total funds
2024
£
64,678
11,072
5,589
30,246
0
0
510
112,095
145
12,085
0
15,138
240
15,378
139,703
Total funds
2024
£
7,853
222
480
27,000
716
71,818
108,089
0
4,442
4,442
2,500
115,031		 Total funds
2023
£
31,209
8,997
5,442
12,729
0
4,000
0
97,475 8,358 6,262 62,377
145 0 0 40
12,085 0 0 10,895
0
4,609
240		 0
10,529
0		 0
0
0		 0
11,090
1,008
4,849 10,529 0 12,098
114,554 18,887 6,262 85,410
Unrestricted
funds
£
7,603
222
480
27,000
716
23,612		 Designated
funds
£
0
0
0
0
0
31,110		 Restricted
funds
£
250
0
0
0
0
17,096		 Total funds
2023
£
13,947
229
225
27,000
0
43,127
59,633 31,110 17,346 84,528
0
1,603		 0 0
2,839		 61
7,167
1,603 0 2,839 7,228
0 2,500 0 2,500
61,236 33,610 20,185 94,256

15

NOTES TO THE FINANCIAL STATEMENTS

HOLY TRINITY CHURCH, STAPLETON

for the year ended 31 December 2024

4 Tax-efficient Planned Giving

Planned Giving in the unrestricted funds includes tax-efficient giving of £36,422 (2023: £11,041), excluding tax repayments claimed by or on behalf of the PCC, of which £4,844 (2023: £19,372) was through the Parish Giving Scheme. In the B & M Adams Restricted Fund, receipts include tax-efficient planned giving of £48 (2023: £144) and gift aid of £12 (2023: £36).

5 Other Tax-efficient Giving

Unrestricted donations include tax-efficient giving of £7,645 (2023: £50). In addition “Gift Aid” includes £1,454 (2023: £1,329) received under the Gift Aid Small Donations Scheme. Restricted funds include tax-efficient giving of £20 (2023: £0) and gift aid of £5 (2023: £0).

6 Printing and administration

The PCC has a Hire Agreement with Xerox Finance Ltd for a risograph printer. Costs of stationery and printing are included in the costs of administration, and cannot be separately identified.

7 Insurance claim

There were no insurance claims in 2024.

8 Staff costs

Administration Assistant
Expenses reimbursed to the Rector
Payments to other ministers		 2024
2023
£
£
2,839
2,415
115
923
0
45
2,954
3,383

During the year the PCC employed an administrative assistant for the Rector which is paid for using a grant from the Fulmar Trust. The cleaner for the Church and Church Hall was self-employed. There were no employees earning over £50,000.

PCC members were reimbursed expenses. There were no other disclosable transactions in respect of PCC members, persons closely connected with them or other related parties.

There are no pension commitments as there are no employed staff for whom a pension scheme would need to be provided. The Rector's pension is the responsibility of the Diocese.

9 Relationships with other groups, charities and individuals

As the PCC of a parish within the Diocese of Bristol, in the Church of England, there are no financial links with the Diocese other than the annual Diocesan Parish Share paid.

16

HOLY TRINITY CHURCH, STAPLETON

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2024

9 Tangible fixed assets

Property
improvements
£
Cost
At 1 January and 31 December 2023
0
Depreciation
At 1 January 2024
0
Charge for the year
0
At 31 December 2024
0
Net book value
At 31 December 2023
0
At 31 December 2024
0		 Property
improvements
£
Cost
At 1 January and 31 December 2023
0
Depreciation
At 1 January 2024
0
Charge for the year
0
At 31 December 2024
0
Net book value
At 31 December 2023
0
At 31 December 2024
0		 Freehold
buildings
& land
£
174,160		 Fixtures
& fittings
£
0		 Total
£
174,160
0
0		 5,000
2,500		 0
0		 5,000
2,500
0 7,500 0 7,500
0 169,160 0 169,160
0 166,660 0 166,660

Within the 'freehold buildings and land' £100,000 is allocated to the value of the hall building and depreciated accordingly with the remaining £74,160 value relating the the land itself which is not subject to depreciation.

10 Debtors

Other debtors
Income tax recoverable
Deposit interest
11
Creditors
Amounts falling due within one year
Trade creditors
Other creditors and accruals		 2024
£
0
4,850
2,910		 2023
£
1,133
1,321
3,182
7,760 5,636
2024
£
0
1,215		 2023
£
0
3,783
1,215 3,783

17

HOLY TRINITY CHURCH, STAPLETON

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2024

12 Movement in funds

Movement in funds
Unrestricted funds
General fund
Total unrestricted funds
Designated funds
Hall fund
Re-ordering fund
Property fund
Total designated funds
Restricted funds
B&M Adams
Fabric Fund
Flower Fund
Fulmar Trust
HTS Administrator
Restricted collections
Stapleton Welfare Trust
Ukraine Hub
Worship Books
Total restricted funds
Total funds		 At 1 January
2024
£
231,068		 Income
£
114,554		 Expenditure
£
(61,236)		 Transferst
£
(12,486)		 31 December
2024
£
271,900
231,068
2,963
0
169,160		 114,554
18,887
0		 (61,236)
(19,110)
(12,000)
(2,500)		 (12,486)
12,000		 271,900
2,740
0
166,660
172,123
107
16,113
39
678
0
2
1,718
4,325
73		 18,887
73
330
69
1,800
3,500
0
490
0
0		 (33,610)
(180)
(14,766)
(87)
(2,964)
0
0
(265)
(1,893)
(30)		 12,000
486		 169,400
0
1,677
21
0
3,500
2
1,943
2,432
43
23,055
426,246		 6,262
139,703		 (20,185)
(115,031)		 486
0		 9,618
450,918

The property fund represents the value of the Church Hall buildings and land as determined by the Trustees at 1st January 2022, less subsequent depreciation.

18

HOLY TRINITY CHURCH, STAPLETON

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2024

12 Description of restricted funds

B&M Adams:

This fund collects donations to support the work of Mike and Brigit Adams with First Response Radio. It has now been closed.

Fabric Fund:

This fund is for the repair and improvement of the fabric and fittings of the Church.

Flower Fund:

This fund was established from donations given in memory of the late Sue Mattock. Funds are to be used towards the cost of flower arrangements in the Church.

Fulmar Trust:

This fund was set up to receive money towards the cost of employing a Benefice Assistant who supports both Holy Trinity and Frenchay parish churches.

Holy Trinity Administrator:

This is a new fund established to cover the costs of a new administrator role.

Restricted collections:

This fund identifies collections made on behalf of specified charities.

Stapleton Welfare Trust:

This fund is derived from a share of the income of the Stapleton Consolidated Charities (registered charity 200887) and is applicable for the relief of persons in the parish who are in need, hardship or distress.

Ukraine Hub:

This fund was opened with a grant of £3,000 from the Bristol City Council as part of their scheme to support Ukrainian families who have been displaced by the war.

Worship Books:

This fund was originally set up to provide funding for Church Bibles, teaching materials and service books. The present fund is derived from payments for the services of the singing group, and is used for the purchase of music and other resources for the group.

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