Registered Charity no. 1182907 The Parochial Church Council of the Ecclesiastical Parish of St Lawrence with St Nicholas York Trustee5' Annual Report and Financial Report For the year ended 31st December 2024 Address St Lawrence Parish Church Lawrence Street YORK YOIO 3WP www.stL3wrence arishchurch.or Independènt Examiner Sarah Wearing HPH 54 Bootham YORK Y030 7XZ Bankers Barclays Bank plc Skipton Building Society Yorkshire Building Society Virgin Morley Natwest
The Parochlal Church Councll of the Eccleslastlcal Parlsh of St Lawrence wlth St Nicholas York Trustees. Annual Report and Financial Report For the year ended 31 December 2024 Contents Page 1-6 Page 7 Page 8 Page 9 Page 10-17 Annual Report Independent Examiner's Report to the Trustees Statement Of Financial Activities Balance Sheet Notes to the Financial Statements
The Parochlal Church Councll of the Etcleslastlcal Parfsh of St Lawrence wlth St Nicholas York Trustees. Annual Report For the year ended 31 December 2024 Report of the trustees for the year ended 31 December 2024 The trustees present their annual report and financial Statements of the charity for the year ended 31 December 2024. The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice ISORPI applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK ènd Republic of Ireland IFRS1021 (second edition of the Charities SORP IFR51021 October 2019 effective l January 20191. the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS1021 and the Charities Act 2011. The financial statements have been prepared to give a "true and fairt view and have departed for the Charities IAccounts and Reports) Regulations 2008 only to the extent required to provide a -true and fair" view. This departure has involved following Accounting and Reporting by Charities.. Statement of Recommended Practice ISORPI applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021 (second edition of the Charitie5 SORP IFR51021 October 2019 effective l January 20191 rather than the Accounting and Reporting by Charities.. Statement of Recommended Practice effective from l April 2W5 which has since been withdrawn. Objectives and Public Benefit The Pcc's objectlVe5 are laid out in a variety of statutory provision5 as applicable to all Parochial Church Councils, as clarified from time to time in case law. Most fundamentally, the PCC has the re5pon5ibility for co-operating with any incumbent in promoting within the eccle513Stital parish of St Lawrence with St Nicholas the whole mission of the church, including pastoral, evangeli5tlC, social, and ecumenical matters. As a charity, the PCC must demonstrate public benefit, with reference to the Charity Commi55ion guidance on public benefit, and, in particular, such supplementary guidance as exists on charities for the advancement of religion. Accordingly, a summary of our activities is given below. Aims and Artivities We maintain and promote an active Christian presence in the parish of St Lawrence with St Nicholas, open to people from acros5 York, and beyond. We seek to enable people to grow in and to live out their faith as part of our parish community.. and we seek to reflect the joy and neighbourliness of the Kingdom of God through our activities together. We seek to advance the Christian religion through public access to the Sacraments, worship, prayer, and teaching,. through provision of pastoral care for people living in the parish,. through the maintenance of a house of worship and prayer,. and through social activities which bring people together. To @ive a few specific examples= We ensure that public seNices are held every Sunday, both morning and evening,. and we seek to promote these through advertising and the ringing of bells, and to be a welcoming and open Church to th(>se who c(>me to pray with us. We try to provide pastoral care. and means to seek the aid of God and Church when in need, by promoting aCsS to personal pastoral care from clergy and13y reader5, bv
The Parochlal Church Councll of the Etcleslastlcal Parfsh of St Lawrence wlth St Nicholas York Trustees. Annual Report For the year ended 31 December 2024 Alms and Actlvltles- contlnued keeping the church and churchyard open for prayer and reflertion as much as possible, and by ensuring activities and services are well advertised and accessible to all. We organise, promote. and encourage social activities and fellowship am()nÈst both parishioners and visitors, through the choir, bellringing, and other church activities, and, via the operation of the Church Community Hall. The hall is regularly used for attivities such as our Tuesday Lunch Club, coffee mornings, and our Harvest Supper., and is maintained as a friendly and well-kept venue for diverse activities. In order to facilitate our work, it is very important that we maintain the fabric tsf the church of St Lawrence, and ensure that the Community Hall and the churchyard are well kept. It should be noted that the maintenance of our fabric is part of the public benefit that we provide, as a piece of religious testimony set in stone and glass, and through the public amenity provided by ourgrade 2 listed church (with its 15th Century font, good collertion of 19th-20th century stained glass, and historic Denman pipe organ) and by our churchyard la large part of which is a scheduled ancient monument and which contains a grade I listed remnant of the medieval church of St Lawrence) visually, as a venue, and as a heritage asset of the community and our nation. But beyond fabric. we remember our much wider though less obviously tangible missi()n. We value our strong connection with our parish, and the wide range of people for whom St Lawrence forms an important part of their lives, even if they are not with us in church every Sunday. In this regard, we Should perhap5 Particularly note our strong commitment to our link5 Wlth local 5choo15, and hope to See thi5 link 5trerigthened in future. We value our links with and 5UPPOrt for St Lawrence's school, and we very much appreciate the contribution of University students to our church community, and aim to express Christian hospitality in our welcome to them. The PCC is indebted to the many volunteers who give freely of their time and talents for the benefit of the church. Property The PCC is entrusted by statute with responsibility for the maintenance and care of the church and churchyard of St Lawrence, the freehold to which is vested in the incumbent of the benefice (during the vacancy the sequestratorsl. The Church Community Hall is held by the York Diocesan Board of Finance as custtsdian trustee for the administrative trustees, which are the Incumbent and the churchwardens for the time being. The Hall is held on trust for the ordinary uses of a church community hall as part of the mission of St Lawrence PCC. The Vicar and Churchwardens allocate the hall rents to the PCC and the hall is managed financially in tandem with the PCCS funds and the PCC accordingly exercise5 a general oversight over the hall and its administration. The administrative trustees manage bookings and other day-to-day Hall matters with the assistance of the appointed Hall Manager.
The Parochlal Church Councll of the Etcleslastlcal Parfsh of St Lawrence wlth St Nicholas York Trustees. Annual Report For the year ended 31 December 2024 Report on actlvitles and achlevements In 2024 Public worship continues to be offered, with particular attention to the quality of music, liturgy, and the depth of spirituality offered by the Book of Common Prayer and the catholic tradition of the Church of England. Festival High Masses, and the Holy Week and Christma5 service5 have continued to develop. Half-termly school services are maintained. Ten candidates were confirmed by the Bishop of Selby on Whitsunday. In September, and for the second year running. the premises were used by CAMRAfor a beer festival. which built on the success of the previous year. Permissions were sought from the diocese and the local authority to make this n annual event. The restored church turret clock was returned by Cumbria Clocks. In the autumn there was a successful series of guest preachers at Choral Evensong with attendance at some of these of over 100 persons. The buildin8 Continues to be used by various organisations such as the Rydale Festival, the Early Music Festival, York Musical Society and the Yorkshire Bach Choir. Ourvicar, Fr Adam retired atthe end of August and we are Now in a period of vacancy. We are grateful to those retired clergy who are kindly covering services for us. At the end of the year the PCC met with the Archdeaton to begin the settion 11 meetings to begin the protes5 for recruiting a new incumbent. The late Darrell Buttery bequeathed a legacy to the church and an interim distribution was made at the end of 2024. It is the intention to complete some major restoration projects using these funds during 2025 including repairs of the boundary walls. and resurfacing the driveway. Flnanclal Revlew The balance sheet for total restricted and unrestricted funds shows an increase of £167.209 from £8.4131deficitl at 31 December 2023 to £158,796 surplus at 31 December 2024. The main reason for thi% increase was the receipt of 3 legacy during the year. The development loan has been fLJlly paid off and the PCC ha5 no outstanding loans. This year again we were fortunate that collection5 and planned giving held up well, with gifts made directly through the banking system and people giving donations when attending church services. A freewill offering of £5,000 was made to the York Diocese Common Fund. Reserves As at 31 December 2024 the church's undesignated funds was recorded as £22,745. Unrestricted funds are limited and are likely to remain so for the foreseeable future. In view of that, the PCC is re-establishing a reserves policy.
The Parochlal Church Councll of the Etcleslastlcal Parfsh of St Lawrence wlth St Nicholas York Trustees. Annual Report For the year ended 31 December 2024 Flnanclal prospects and future plans The members of the PCC regularly review its financial position and are mindful of their obligations to review and report on the charity's financial prospects. Attendance has remained stable over the course of 2024. Its members believe that the PCC has not been in a better position for a great many years. Necessary fabric maintenance ctsntinues to reduce in scope and therefore cost, and the recent beerfestival has highlighted thatthe building can be used for a variety of purposes in order to generate income and place the church at the heart of the community. Further significant investment will take place during 2025 which will put the chLJrch, the hall and the churchyard into a good condition. We encourage everyone to join the Parish Giving Scheme IPGSI which has streamlined the gift aid tlaiming process. This has Continued throughout 2024 and is now the major mechanism for giving t the parish. The work described has put the PCC in a much better position than previously to carry out its aims and to sustain itself financially, so that its members do not believe that there need be doubt as to the PCCS ability to continue as a going concern. The accounts have accordingly been prepared on a going concern basis and PCC members believe that the charity remains and shall remain a 80in8 concern. Looking to the future we hope to improve the acce55 road from Lawrence Street to the west end, the boundary wall at the south east corner of the churchyard as well as taking forward the churchyard rejuvenation plans for the footprint of the old church. We will also be turning our attention to the great World War I memorial window which has been identified a5 in urgent need of repair, as well as modernising the community hall in order that it continues to be a useable and valuable asset to the local community and parish. We are hoping to forge a link with Pusey House in Oxford. In recent years Pusey House has experienced a renewal similar to us and since we share a similar churchmanship both boards of trustees feel there may be fruit in making connections with each for mutual support and encouragement. We will be working with the tru5tee5 Of the Ellen Wilson Hospital a5 they complete their plans to landscape the allotment land and put that piece of land into good order. Finally, we will be looking at ways to increase our contribution to the Diocesan Common Fund and will be working on a financial plan to meet our costs of stipendiary ministry. Structure. governance and management All Parochial Church Councils IPCCsl are corporate bodies established by statute law as charitable bodies as part of the Church of England by law established. The PCC. like all other PCCS, operates under the Parochial Church Council Powers measures and associated parliamentary and synodical legislation. St Lawrence PCC has in previous years been excepted by order from registering with the Charity Commission, but the PCC applied for registration in 2019 and on 10th April 2019 the Charitv Commission notified the PCC that it had been added to the Register of Charities as 'The PGrochiGI Church Council of the Ecclesiasticul Parish of St Lawrence with St Nicholas. York, with Charity Number 1182907.
The Parochlal Church Councll of the Etcleslastlcal Parfsh of St Lawrence wlth St Nicholas York Trustees. Annual Report For the year ended 31 December 2024 The method of appointment of PCC members is set out in the Church Representation Rules, introduced by the Synodical Government Measure 1969 and since amended. The trustees of the charity are the members of the PCC. In summary, the members of the PCC are= the Incumbent lor priest-in-charge where applicable), the two churchwardens, and the Deanery Synod representatives are all ex officio members,. together with a number of members elected at theAnnual Parochial Church Meeting IAPCMI by those on the Electoral Roll maintained under the Church Representation Rules. the number varying in law depending upon the number on the Electoral Roll,. plus co-opted members so far as permitted by law and appointed from time to time. All regular attendees of St Lawrence's services are encouraged to apply to be included on the Electoral Roll. All parishioners-that is. those residing within the geographical bounds of the ecclesiastical parish plus those on the electoral roll are entitled to vote for the two churchwardens at the annual Vestry Meeting which conventionally immediately precedes the APCM. The PCC has by re501ution adopted the Safeguarding Policy of the Diocese of York and in 2024 had a named Parish Safeguarding Representative. The PCC in 2024 complied with section 5 Safeguarding and Clergy Discipline Measure 2016 (duty to have regard to the House of Bishops, guidance relating to the safeguarding of children and vulnerable adults). DurinB 2024 the following served as members of the Parochial Church Counal: Ex offitio mèmbers Fr A J A Romanis, Vicar. IRetired 31 August 20241 Mrs M EJordan' K D Atkin50n C Price, Deanery Synod Representative Ms K Beverly, Deanery Synod Representative (Resigned 22 May 20241 Elected members H Q L E Dyer15ecretary to the council) l R Ward * (Lay-chairman of the council from I September 20241 Mrs G Upton-Holmes ' Ms L Breare N Page Mrs K Page From 22 May 2024 thefollowing were newly elected (Jt the APCM.. I W Reeves S McPherson E Garrod Unti122 Muy2024 thefollowing resigned at the APCM Mrs A Dickson M5 A Bickford Miss R Hall D Dingwall * Denotes member of the standin8 committee
The Parochlal Church Councll of the Etcleslastlcal Parfsh of St Lawrence wlth St Nicholas York Trustees. Annual Report For the year ended 31 December 2024 Statement of Trustees, Responslbllitles The charity trustees are responsible for preparing a trustees, annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting practice). The law applicable to charities in England and Wales requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming re50urce5 and application of re50urte5, of the charity for that period. In preparing the financial statements, the trustees are required to- select suitable accounting polities and then apply them consistently., observe the methods and principles in the applicable Charities SORP,. make judgements and estimates that are reasonable and prudent,. state whether applicable accounting standards have been followed, subject to any material departures that must be disclosed and explained in the financial 5tatement5- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities IAccounts and Reports) Regulations, and the statutory provisions governing the operation of any Parochial Church Council. They are a150 responsible for safeguarding the assets of the charity and taking reasonable Steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity's website in accordance with legislation in the United Kingdom governing the preparation and dissemination of financial statements. Signed on behalf of the Council bv.. Mrlontyward. Lay Chairman 25 February 2025
The Parochlal Church Councll of the Etcleslastlcal Parfsh of St Lawrence wlth St Nicholas York Independent Examinerfs Report For the year ended 31 December 2024 Independent Examlner's Statement I repc)rt to the trustees on my examination of the accounts of The Parochial Church Council of the Ecclesiastical Parish of St Lawrence with St Nicholas, York I'the PCC") for the year ended 31 December 2024. This report is made solely to the PCC'S Trustees, as è body. in accordance with Section 154 of the Charities Act 2011. My independent examination work has been undertaken so that I might state to the PCC'S Trustees those matters l am required to state to them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the PCC and the PCC'S Trustees as a body, for my independent examination work, for this report, or for the opinions I have formed. Responsibilities and basi5 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 20111.the ACYI and the Church Accounting Regulations 20061'the re8ulations'l. I report in respect of my examination of the PCC'S accounts carried out under sertion 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under sertion 14515llbl of the Act. My examination was also carried out in accordance with terms found in the current Church guidante issued by the Finance Division of the Archbi5hops' Council. Independent examinerfs ststement I have completed my examination. I confirm that no material matter5 have come to my attention in connection with the examination giving me cause to believe that in any material respect.. l. accounting records were not kept in respect of the Trust as required by section 130 of the Act,. or 2. the accounts do not accord with those records,. or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities IAccoLJnts and Report51 Regulation5 2008 other than any requirement that the accounts give a 'true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matter5 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 for the opinions I have formed. HPH, Chartered Accountants 54 Bootham YORK Y030 7XZ Sarah Wearing, FCA, DChA 25 February 2025
The Parochlal Church Councll of the Eccleslastlcal Parfsh of St Lawrence wlth St Nlchola5York statement of Financlal Actlvltles Forthe yearended 31 December 2024 2024 Restrlrted funds 2024 Totsl 2023 Restrfrteij funds 2023 Totsl ilnrestrfrted lund5 Unrestrlcted lund5 Incume frum.. Voluntary income 192,869 46.090 450 14,902 64,350 257.219 46.090 450 14,902 39,610 51,254 70 s,7 51,984 91.594 51.254 70 5,907 Investment income Other income Total incorne 254,311 64,350 318,661 96,841 51,984 148,825 Expendfture on.. Charftoble attlI1e$ 71,540 13,436 14,723 86,263 13,436 121,961 12,882 43,021 164,982 12,882 Ralslne funds 638 1,488 638 1.488 832 1,290 832 1,290 Goveman¢e Costs Total expenditure 87,102 14,723 101,82S 136,965 43,021 179,986 Net Intomlngllexpendlture Transfers between funds 167,209 49,627 216.836 140,1241 8,963 Net movement In funds 167,209 49,627 216,836 140,1241 8,963 ReconlIation of funds.. Total funds brought forward 18,4131 23,585 15,172 31,711 14,622 46,333 Totulfvnds¢orrledfvrwtsid 158,796 73.212 232,008 18.4131 23,585 15,172 The noteson p3ge5 Ioto 17 form part of these a¢¢ounis.
The Parochial Church Councll of the EctleslaMlcal Parlsh of St Lawrencewlth St Nlcholas York Balance Sheet As at 31 December2024 2024 2024 Unrestrlcted Restrfcted 2024 Total 2023 2023 Unrestricted Restricted 2023 Total Fixed assets Tangible ÈssÈts 222 222 3,932 3,932 Tot171fvxed ossets 222 222 3.932 3.932 Current asset5 Debtors Cash at bank &nd in hand 70,798 96,218 6,000 67,212 76,798 163,430 15,752 17,617 1,199 22,386 16.951 40,003 Tott71currentUSsets 167,016 73,212 240,228 33.369 23,585 56.954 Current liabilitie5 Creditors.. amounts falling due within one year 2,442 2,442 45.714 45.714 Net(uent ossets 164,574 73,212 237,786 112,3451 23,585 11,240 Tottslossets less ¢vrrefttliobili¢¢S 164.796 73.212 238.008 18.4131 23.585 15.172 Funds of the Charlty Unrestricted funds Designated funds Undesignated fund5 Restricted funds li li io 136,051 28,745 136,051 28,745 73,212 2,390 110,8031 2,390 110,8031 23,585 73,212 23,585 Totglfvnds 164.796 73.212 238.008 18.4131 23.585 15.172 Approved by the Parochi31 Church Council on 25 February 2025 and 518ned on its behalf by.. Mrjontyward (Lay Chairman) The noteson pages Ioto 17 form part of these accounts.
The Parochial Church Council of the EctleslaMlcal Parlsh of St Lawrencewlth St Nlcholas York Notes to the Financial Statements For the year ended 31 December ZOZ4 Note l Accounting policies Basss of preparatlon of financlal statements The financial statements have been prepared under the historitsl tost convention with items rÈ¢ognised at cost or tr4nsaction value unle55 otherwise Stated in the relev3nt notel51 to these accounts. The financi31 st3ternents have been prepared in accordance with Accounting and Reporting by Charities.. the current Statement of Recommended Practice 150RPI appllc8ble to charitles preparing their accounts in actord8nce with the Financlal Reportlng Standard applic8ble In the UK and Republic of Ireland IFR510211second edition of the Charities SORP IFRS102, Ortober 2019, effective l January 20191,and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS1021, and the Charities Act 2011. The PCC con5titute5 a public beneh't entity a5 defined by FRSIO2. The financial statements cover all transactions, assets 8nd liabilities for which the PCC Is responsible In law. They do not include the accounts of thurch groups that owe their main affiliation to another body, nor those that are informal gatherings of church rnember5. There were no significant estimètes orjudgemenrs made by the PCC in prep8rlng these financial statements. Going concern The TrustÈÉs havè rÈviÈwÈd thÈ financial position of thÈ PCC and have a reasonable Èxpectation that the PCC has adequatÈ resources to continue in operational existence for the foreseeable future. Accordingly, the financial statements continue to be prepared on the goine concern basi5. Fund accountlng Restrided fund5 These are revenue donations orgrants for a specific PCC activity intended by the donor. UnrerIctedfUndS These are incorne funds which are to be spent on the PCC'S general purp05e5. Changes to prevlous accounts No changes have been made to accounts for previous years. 10
The Parochial Church Council of the EctleslaMlcal Parlsh of St Lawrencewlth St Nlcholas York Notes to the Financial Statements For the year ended 31 December 2024 Note l Accounting policies Icontinuedl INCOMING RESOURCES Recognition of incoming resources These are included in the Statetnent of Financi31 Activitie5 ISOFAI when.. the charity becomes entitlÈd to the resourtes., the trustees are virtually certain they will receive the resources.. and the monet8ry value can be measured with sufficient reliability. Incoming resources with related expenditure Where incoming resources have re13ted expenditure 13$ Wlth fundraising or contrott incornel the incorninE resources 3nd related expenditure are reported gross in the SOFA. Grants, legacles and donatlons Gr8nt. legacies and donations are only Included in the SOFA when the charity has unconditional entitlement to the resources. Tax reclalms on donatlons and glfts Incomlng resources from tax reclaims are Included In the SOFA at the same tlme as the giftto which they relate. Contrartual income and performance related grants Donaied 5ervi¢e5 and facilities This is only includÈd in the SOFA once the related goods or sÈrvlces have been delivered. These are only included in incoming resources (with an equivalent amount in re50urce5 expendedl where the benefit to the charity is reasonably quantifi4ble, measurable and material. The value p18ced on these resources is the estimated value to the charitv of the service orfBcilitv reteived. Volunteer help The value of any voluntary help received Is not included In the 8ccounts but is dèstribed in thè trusteès, annual rèport. This Is Included In the accounts when recelvable. Inve$tment in¢ome EXPENDITURE AND LIABILITIES Liability recognition Liabilitie5 are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. Include costs of the preparation and examination of statutory accounts. the costs of trustee meetings and cost of any legal advice to trustees on governance or tonstitutional mattÈrs. Governance costs Grants with perfomiance conditions Where the charity give5 a grant with condition5 for its payment being a specific level of service or outpur to be provided, such grants 8re only recognised In the SOFA once the recipient of the irant has provided the specified sÈrvice or output. ASSETS Oebtor5 Trade and other debtor5 are recognised at the 5ettlernent amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of anv trade discounts due. Tangible fixed assets for use by charity These are capitalised if they can be used for more than one year, and cost at least £500. They are valued at cost or a reasonable value ON receipt. Consecrated property is not Included in the accounts in accordance with 51012llal And Icl of the Charitie5 Act 2011. DÈprÈtiation DÈprÈciation is caltulatÈd to write off thè cost of fixÈd assèts ovÈrthÈir expÈctÈd useful lives. The r3tes used are a5 follows.. Fixtures, fittings & equipment.. 20% per annijm stralght line
The Parochlal Church Councll of the Eccleslastlcal Parlsh of St Lawrencewlth St Nlcholas York Notes to the Financial Statements For the year ended 31 December ZOZ4 Note 3 Analysis of incoming resources Unrestrirted RerItted 2024 Unrestritted Re#ritted 2023 Voluntary Income Sundry collections & planned Grants received Gift aid recoverable Donations Funeral collettions Legacles 26,630 26,630 9,140 10.798 49.838 235 21,915 21,915 14,199 4,842 39,876 762 9.140 6,000 49,210 14.199 4,798 628 235 4,842 2,091 762 37,785 160,578 160,578 10,0 10,000 192B69 64,3SO 2S7,219 39,610 51,984 91,594 Activitiesfor generatin8funds H311 Lettings Fees Fundraising Church and parking rent5 15,866 2,459 1,601 26,164 15,866 2,459 1,601 26,164 15,851 4,288 15,851 4,288 2,048 29,067 29,067 46.090 46.090 51.254 51.254 Investment Income Interest on bank accounts 450 450 70 70 450 450 70 Other income LPOW (VAT refunds) Insurance recoverie5 other income 1,522 13,176 204 1,522 13.176 204 2,984 2,670 253 2,984 2,670 253 14,902 14,902 5,907 5,907 Total 254,311 64,350 318,661 96,841 51,984 148,825 12
The Parochlal Church Councll of the Eccleslastlcal Parlsh of St Lawrencewlth St Nlcholas York Note5 to the Financial Staternents For the year ended 31 December 2024 Note 4 Analysis of resoUe5 expended Unrestrirted Restricted 2024 Unrestricted Restricted 2023 Church activities Diocesan Cornmon Fund Director of music fÈÈ & organist costs Other music costs Verger fees Church and hall insur8nce 5,000 7,602 3,037 625 10,799 2,060 2,434 7,284 18,756 5,000 7,602 3,037 625 10,799 2,060 2,434 7,284 27,330 5,000 7,792 849 1,230 10,256 4,775 1,064 5,724 20,432 18,816 31,645 1,098 4,029 2,403 1,891 1,024 3,933 5,000 7,792 3,224 1,230 10,256 4,775 1,064 5,724 30,634 38,066 34,695 1.098 8,974 2,403 5,090 1,024 3,933 2,375 Church general upkeep Churchyard rnainten8nce Church fabric repairs & maintenance Church & churchyard improvemÈnts Chamber organ Organ mainten8nce Altar serviceslflowers Officeladministration mis5ion/ev3ngeli5m & outreach Clergy expense5 Depreciation 8,574 10,202 19,250 3,050 1,928 5,369 832 1,614 490 1.928 7,167 832 5,515 940 1,798 4,945 3,901 450 3,199 3,710 3,710 71,540 14,723 86,263 121,961 43,021 164,982 Ralslng funds Fundraising costs 638 638 832 832 Governance c051s Independent Examiner's fee & accountancv 1.488 1.488 1.290 1.290 Hall artlvttles Routine repairs and maintenance 2,607 2,263 8,566 2,607 2,263 8,566 3,609 1,514 7,759 3,609 1,514 7,759 G45- H3113nd church 13.436 13.436 12.882 12.882 Total 87,102 14,723 IOIB25 136,965 43,021 179,986 13
The Parochlal Church Councll of the Eccleslastlcal Parlsh of St Lawrencewlth St Nlcholas York Notes to the FlnancSal Statements For the year ended 31 December 2024 Note 5 - Details of certain items of expenditure 5.1 Employee rost5 The PCC hÈs no employee$12023 none). 5.2 Trustee expenses No trustÈes received any p3yment or reimbursement of out of pocket expenses in the year12023- none). 5.3 Governan Costs- Fees for examination of the accounts The Independent Examiners. fee for year was E85212023- E8281 and other costs of £636. Note 6- Related partytran$aions Apart from K Atkinson, J Ward. l Reeves and N Page12023- K Atkinson, L 8reare, C Price, IR Ward and N Pagel, no other trustee or person related to a trustee had any person31 interest in any contrart or tr3nsaction entered into by the PCC during the year, or received any remuneration or expenses. The above tru5tee5 have been paid for services ren(lered to the PCC for music, verging and organ lees £7,54912023 £7,034). There were no outstanding ba18nces at the year end12023- Nil). Note 7 Tanglblellxed assets 7.1 Cost or valuation Fixtures, fittinES and equipment Total Balance broughtforward Addirions 26.863 26,863 Balance carrled fotward 26,863 26,863 7.2 Accumulated depreciation and impaimient provisions Straight Line 7 years 22.931 3,710 Total Balance broughtforward Oepreciatlon ch8rge for ye8r Balance carrled fotward 22,931 3,710 26,641 26.641 7.3 Net book value Brought fotward Carried forward 3,932 3,932 222 222 14
The Parochlal Church Councll of the Eccleslastlcal Parlsh of St Lawrencewlth St Nlcholas York Notes to the FlnancSal Statements For the year ended 31 December 2024 Note 8 - Debtor5 and prepayments Analysis of debtors all falling due within one year 2024 2024 2024 Unrestricted Re5trirted Totsl 2023 2023 Unrestrirted Restricted 2023 Total Other debtors 70,798 70,798 15,752 1.199 16,951 Totsl 70,798 70,798 15,752 1,199 16,951 Note 9 - Creditors and accyuals Analy515 of creditors all falling due within one year 2024 Z024 Unrestrlcted Restrlcted 2024 Total 2023 Restrlcted 2023 Unrestrlrted 2023 Total Development loan Trade creditors 38,000 5,000 2,714 38,000 Accruals and deferred income 2,442 2,442 2,714 Total 2,442 2A42 45,714 45,714 Note 10 - Fund5 Restricted lund5 Fabriclmaintenance fund Purpose and Restrictions For funds received for the fabric repairs to the church building. In 2021 monies were received for the guttering. Money received for altarfrontal and vestments reirS, altar requisites and flowers for the church. Alt8rfund Churchyard fund Window restoration fund A medium term projÉctfor rÈg@neration of thÈ thurthyard. Monles collected for the restoration of the loan FulleylovÈ WWI memorlal window Junior Choir For the running of the junior choir. Cathedral Music Trust fund For 5UPPOrting music for mid-week worship. Clock restoration fund Money received towards the repair of the church turret clock A grant from the Lady Peel Trust to support a project that will strengthen a catholic undèrstanding of Christianity within the Church of England in theP3rish of St L3wrence, York. Money received for church driveway repair5 Monies towards the running of a social group in the church community hall. Collections taken for beneficiaries other than the PCC. Lady Peel Trust Driveway fund Tuesday Social Club Restrirted collections Designated fund5 Music fund Purpose For music provision across all services. Including the Parish Eucharist, Evensong and fe3St days. Funds rÈteivÈd for legaty havÈ b@Èn sèt aside for various thurch rèpair projetts. ButtÈry leg8 15
The Parochial Church Councll of the EctleslaMlcal Parlsh of St Lawrencewlth St Nlcholas York Notes to the FlnancSal Statements For the year ended 31 December 2024 Funds b/f lrt¢oming Outgoing Transfers Funds df resources resources 10.1 Movements of funds- 2024 Restricted lunds Fabric funds Altar funds Churchyard fund 18 4,390 8,940 2,625 5,112 2,500 755 6,270 31,440 773 8,862 38,940 2,625 11,7981 11,4401 Clock restor3tion fund Lady Peel Trust Catherdral music trustfund Window restor8tion Tuesday club Additional curates collections 2,022 17,1341 2,500 3,300 15,190 3.300 15,190 3,901 22 1,000 450 13,9011 22 1.000 Driveway fund Vic4r5 leaving gift 14501 Total restrltted funds 23,585 64,350 114,7231 73,212 Unrestrictedfund5 Designated Muslcfund Buttery legacy 2,390 11,551 160,577 172,128 110,4671 3,474 132,577 136,051 128,mOI 110.4671 128.0001 2,390 Undesignated Free reserves 110,8031 82,183 176,6351 28,000 22,745 Total unrestrirted funds 18,4131 254,311 187,1021 158,796 Total funds 15,172 318,661 1101,8251 232,008 10.2 Movements of funds- 2023 Restricled éund5 Fabric fund5 Altar funds Churchyard fund 3,628 29 8,590 2,375 2,190 9,306 3,500 2,625 9,514 3,050 3,199 2,500 16,100 15.8001 14,9451 13.1501 12.3751 14,4021 13.0501 13,1991 18 4,390 8,940 2,625 5,112 Clock restoration fund Chamber organ Tuesday club Lady Peel Trust Ramp project 2,500 116,1001 Total restrirted funds 14.622 51.984 143.0211 23.585 Unrestrictedfund5 Designated Musit fund Undesignated Free reserves 1,723 12,140 111,4731 2,390 29,988 84,701 1125,4921 110,8031 Total unrestrlcted funds 31,711 96,841 1136.9651 18.4131 Total funds 46,333 148,825 1179,9861 15,172 16
The Parochlal Church Councll of the Eccleslastlcal Parlsh of St Lawrencewlth St Nlcholas York Notes to the FlnancSal Statements For the year ended 31 December 2024 Note 11 - Net assets byfund Undeslgnated Funds Deslgnated Funds Restrlcted Funds Total Funds Current year Tangible Fixed Assets Current Assets 222 30,965 12,4421 222 240,228 12,4421 136,051 73,212 At 31 December 2024 £ 28,745 £ 136,051 E 73,212 £ 238,008 Undeslgnated Funds Deslgnated Funds Restrlcted Funds Total Funds Comparative year Tangible Fixed Assets Current Assets 3,932 30,979 145,7141 3,932 56,954 145,7141 2,390 23,585 At 31 DÉcÈmber 2023 £110,803) £ 2,390 E 23,585 £ 15,172 Note 12 - Lega During the year the church received £110,577 In respect of 3 legacy. This amount was made up of an absolute amount of £ID.000, which wa5 included within debtor5 in last year'5 3ccount5, and an interirn distribution of £100,577. The remaining residual amount has been estimated with sufficient reliability to be £60,000 and therefore has been included within debtors. 17