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2024-12-31-accounts

St Giles Church AGM Minutes 2025 Sunday 18[th] May 2025 10.00 am

1. Opening Prayer

Revd Hannah Jeffery opened the meeting with prayer.

2. Appointment of Chairpersons

Revd Hannah Jeffery & Revd Noel Nhariswa were appointed joint chairs to the meeting. Proposed by Neil Clarke, seconded by Alan Window and unanimously approved.

3. Appointment of AGM Secretary

Katie Steel was appointed secretary to the AGM. Proposed by Hannah Jeffery, seconded by Alan Window and unanimously approved.

4. Attendance and Apologies for absence

Present

Revd Hannah Jeffery Revd Noel Nhariswa Martin Lawrence Samuel Steel Katie Steel Peter Shuker Wendy Steel Philip Rice Lisa Spreckley Alison Wilson Carolyn Rice Cath Smith Tim Jeffery Ann Window Roy Perry Amelia Underwood Pauline Clarke Alan Window Angela Lloyd Revd Jo Giles Gwen Hurst Stella Freeman Steve Burt Rachel Limmage Joyce Parish Kim Rowbotham Nicky Winch Jo Moore Pamela Lyon Robert Parish Ralisa Hock Jane Boyer Carol Krone Peter Lyon Lois Bulcock Valerie Frost Linda Kenward Leigh Kenward David Cox David Boyer Rebecca Perry Lynne Banes-Marshall Eric Lennox Revd Neil Clarke David Woods Ann Woods Olu Jinadu Gloria Jinadu Mark Goodyer Charlotte Goodyer Michelle Freestone

Apologies

Karen Dougan-Mabbutt Karen Lennox Andy Murphy

5. Minutes of the last meeting

With no amendments, the minutes of the meeting dated Wednesday 24[th] April 2024 were signed as a true record. Proposed by Linda Kenward, seconded by Pauline Clarke and unanimously approved.

6. Matters Arising

There were no matters arising.

7. Election of Trustee Members

The following people were duly elected as Trustee members.

Nominee Proposed By: Seconded by: David Cox Martin Lawrence Margaret Panter Karen Dougan-Mabbutt Katie Steel Ann Window Kim Rowbotham Tony Walters Clare Walters Peter Shuker Kim Rowbotham Helen Burt

8. Election of Church Wardens

The following people were duly elected as Church Wardens.

Nominee Proposed By: Pauline Clarke Alan Window Leigh Kenward Linda Kenward

Seconded by: Ann Window Tim Jeffery

9. Election of Deputy Church Warden

The following people were duly elected as Deputy Church Wardens.

Nominee Martin Lawrence

Proposed By: Seconded by: Margaret Panter David Cox

10. Election of Stewards

The following people were duly elected as Church Stewards.

Nominee Proposed By: Seconded by: Peter Shuker Pauline Clarke Helen Burt Ann Window Pauline Clarke Helen Burt

11. Election of Deanery Representatives

There were no nominations. Alan Window continues to serve in this role.

12. Representatives to Circuit Meeting

Due to the size of the East Mercia circuit, it was agreed that 2 stewards from St Giles would be the reps. Therefore, Peter Shuker and Ann Window were unanimously elected as Representatives to the Circuit Meeting.

13. Election of Parochial Church Council

The following people were duly elected to the Parochial Church Council.

Nominee Proposed By: Seconded by: Karen Dougan-Mabbutt Katie Steel Samuel Steel David Cox Martin Lawrence Margaret Panter Peter Shuker Kim Rowbotham Helen Burt Kim Rowbotham Tony Walters Clare Walters

14. Election of Methodist Church Council

The following people were duly elected to the Methodist Church Council.

Nominee Proposed By: Seconded by: Karen Dougan-Mabbutt Katie Steel Linda Kenward David Cox Helen Burt Katie Steel Kim Rowbotham Tony Walters Clare Walters

15. Deanery Synod Report

There were no questions regarding the circulated deanery synod report.

16. Church Fabric Report

There were no questions regarding the circulated fabric report.

17. Church Lands Report

There were no questions regarding the circulated church lands report.

18. Desborough Town Lands & Loakes' Charity Trust Report

There were no questions regarding the circulated town lands & Loakes charity report.

19. Church Membership Report

The St Giles membership figures are as follows: Anglican: 6, Methodist: 1, Joint: 151, Total: 158

20. Finance Report

(a. presentation of the accounts, b. adoption of accounts and c. appointment of an independent examiner)

a. Thanks were extended to all the church’s givers. The church continues to give away 5% despite just braking even. In the future it is hoped that reliance on the festival income would be reduced.

b. The accounts were proposed by Linda Kenward, seconded by Carolyn Rice and unanimously approved.

c. Bill Featherstone has offered to continue in this role for one more year. Therefore, the appointment of Bill Featherstone as independent examiners was proposed by Eric Lennox, seconded by Steve Burt and unanimously approved.

21. Safeguarding

There were no questions or comments regarding safeguarding. Pauline Clarke reported that all DBS checks, safeguarding training and risk assessments are all up to date. There have been no referrals this year. Pauline extended thanks to Leigh Kenward for his work as deputy safeguarding officer.

22. Health and Safety

There were no questions regarding Health & Safety.

23. Reports from the Organisations

There were no questions regarding the reports from organisations.

24. Report from the Rector

There were no questions regarding the Rector's report.

25. Report from the Minister

There were no questions regarding the Minister's report.

26. AOB

There were no matters of AOB.

With no other business the meeting with prayer.

Signed: .......................................

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

St Giles Anglican and Methodist Church Desborough Financial Statements for the Period Ended 31st December 2024

Page [1]

Receipts and Payments

Unrestricted
See Notes
1
Receipts
Voluntary income
97,499.93
Activities for generating funds
6,339.00
Income from Church activities
6,473.66
Investment income
908.35
Other
634.68
Total receipts
111,855.62
Payments
Fundraising costs
Charitable activities
6,223.73
Ministry
73,116.36
Church maintenance
39,740.96
Administration
6,091.92
Other
292.46
Total payments
125,465.43
Net receipts against payments
(13,609.81)
Transfers between funds
20,257.17
Net after transfers
6,647.36
Gains/(Losses) on investments
Net Income/(Expenditure)
6,647.36
Funds B/f at 1st Jan 2024 [Note 5]
37,006.18
Funds C/f at 31st Dec 2024 [Note 5]
43,653.54
Statement of Assets and Liabilities
Cash Funds:
Bank accounts [see Note 4A]
CBF Deposit Fund
Cash
Investment Assets:
CBF Investment Fund - Income Units
Net Current Receivables/(Payables)
Specific Reserves
Music Fund
Anniversary Window Fund
Memorial Garden Fund
Total Assets
Restricted
2
203.00
3,844.21
4,047.21
160.00
160.00
3,887.21
3,887.21
3,887.21
26,103.27
29,990.48
Endowment
3
84.30
84.30
84.30
84.30
1,335.93
1,420.23
59,955.17
61,375.40
Designated
7
10,313.13
7.27
10,320.40
1,363.25
1,363.25
8,957.15
(20,257.17)
(11,300.02)
(11,300.02)
35,332.34
24,032.32
Total
2024
97,702.93
16,652.13
6,473.66
4,844.13
634.68
126,307.53
1,363.25
6,223.73
73,116.36
39,740.96
6,251.92
292.46
126,988.68
(681.15)
(681.15)
1,335.93
654.78
158,396.96
159,051.74
83,047.68
36,252.90
9.60
119,310.18
59,702.81
(16,603.83)
(22.81)
(56.27)
(3,278.34)
159,051.74
Total
2023
91,435
14,188
9,280
2,934
689
118,527
1,317
7,744
70,995
31,888
5,196
892
118,032
495
495
5,379
5,874
152,523
158,397
87,805
32,871
11
120,687
58,367
(17,335)
(458)
(56)
(2,808)
158,397

St Giles Anglican and Methodist Church Desborough Financial Statements for the Period Ended 31st December 2024

St Giles Anglican and Methodist Church Desborough
St Giles Anglican and Methodist Church Desborough
St Giles Anglican and Methodist Church Desborough
Financial Statements for the Period Ended 31st December 2024 Page [2]
Note 1: Analysis of General [Unrestricted] Fund Receipts and Payments
2024 2023
Planned giving 61,667.49 59,462
Tax recovered 17,418.59 12,299
Loose collections 7,127.54 6,347
Donations 11,286.31 12,942
Total voluntary income 97,499.93 91,050
Community centre hire 5,891.00 5,015
Donations in lieu of centre hire 448.00 112
Activities for generating funds 6,339.00 5,127
Flower festival 1,403.55 2,064
Weddings 2,595.60 3,100
Funerals 2,318.80 3,707
Other activities 155.71 410
Income from church activities 6,473.66 9,280
Church lands 634.68 684
Miscellaneous income 5
Business continuity grant
Other income 634.68 689
Donations made [see Note 4D] 6,223.73 7,744
Friday family fun
Mini church
Charitable activities 6,223.73 7,744
Parish share 51,641.00 50,544
Methodist assessment 16,356.00 15,697
Bereavement Counsellor 3,600.00 3,600
Clergy expenses (net) 1,519.36 1,154
Ministry 73,116.36 70,995
Church Centre
Gas 2,423.22 2,702.55 5,125.77 4,640
Electricity 1,735.17 2,162.25 3,897.42 3,690
Insurance 3,080.87 1,425.31 4,506.18 4,326
Repairs and maintenance 19,062.09 1,777.13 20,839.22 13,431
Clock 313.20 313.20
Lighting
Altar 546.55 546.55 421
Organ 447.38 447.38 213
Business Rates 345.81 345.81
Cleaning 2,289.59 2,289.59 3,679
Telephone 489.84 489.84 457
Water 940.00 940.00 603
Miscellaneous
Church maintenance 27,608.48 12,132.48 39,740.96 31,462
Postage and stationery 1,049.50 912
Photocopiers 927.16 97
Music 677.27 465
Youth 517.99 159
Administrator and secretary 2,837.40 3,023
Card Fees 82.60 112
Publicity
Administration 6,091.92 4,767
Awards and Gifts
Miscellaneous 292.46 892
Other Expenditure 292.46 892

St Giles Anglican and Methodist Church Desborough Financial Statements for the Period Ended 31st December 2024

Financial Statements for the Period Ended 31st December 2024
Note 2: Restricted Funds
Funds brought forward 1st Jan. 2024
Voluntary income
Investment income
Other
Total receipts
Payments
Fund raising costs
Charitable activities
Ministry
Fabric maintenance
Administration
Other
Total payments
Net receipts against payments
Transfers between funds
Funds carried forward 31st Dec 2024
Note 3: Endowment Funds
Funds brought forward 1st Jan. 2024
Voluntary income
Investment income
Other
Total receipts
Payments
Fund raising costs
Charitable activities
Ministry
Church maintenance
Administration
Other
Total payments
Net receipts against payments
Transfers between funds
Recognised gains on investments
Funds carried forward 31st Dec 2024
Bell
9,034.26
203.00
462.10
665.10
160.00
160.00
505.10
9,539.36
Slow
58,366.88
1,335.93
59,702.81
Fabric
17,069.01
3,382.11
3,382.11
3,382.11
20,451.12
Tailby
1,588.29
84.30
84.30
84.30
1,672.59
Page
[3]
Totals
26,103.27
203.00
3,844.21
4,047.21
160.00
160.00
3,887.21
29,990.48
Totals
59,955.17
84.30
84.30
84.30
1,335.93
61,375.40

St Giles Anglican and Methodist Church Desborough Financial Statements for the Period Ended 31st December 2024

Page [4]

Note 4: Other Financial Analyses

A: Bank Accounts

The balances of the several bank accounts of the Church are as follows:-

General Fund - Santander
General Fund - Lloyds
General Fund - Lloyds Deposit
Bell Fund
Events
Holiday Club
Printers
Tailby Fund
Flower Festival
Barrows and Baskets
Christmas Tree Festival
2024
29,125.49
3,571.35
30,908.35
9,539.36
7,677.64
552.90
1,672.59
83,047.68
1,403.55
1,805.46
7,106.95
10,315.96
2023
41,014
16,638
9,034
18,496
508
526
1,588
87,805
2,064
1,645
6,026
9,734

General
Mustard Seed Appeal
Diocese in Europe
CAP
Funerals
RC Kettering Huxloe - Agona Swedru, Ghana
Love in Action
British Legion
MWIB (Sunshine)
Bishop's Charities
Childrens Society
Ukraine
WATOTO Childcare
Womens World Day of Prayer
Methodist Church Misson Fund
Civic Service
Memorial Garden
Cransley Hospice
Christian Aid
Ex Designated
Funds
Ex General
Funds
4,102.00
300.00
1,781.73
40.00
6,223.73
Total
6,223.73

St Giles Anglican and Methodist Church Desborough Financial Statements for the Period Ended 31st December 2024

Page [5]

Note 5: Analysis of Assets, Liabilities and Specific Reserves at 1st January 2024 and 31st December 2024

Bank Accounts:
Bells
CCLA (Bequests/Fabric)
Endowment - Slow
Endowment - Tailby
Events
Holiday Club
Lloyds
Lloyds Deposit
Printers
Santander
Cash:
Cash
Debtors/Creditors:
Accounts Receivable/Prepayments
Accounts Payable/Accruals
Specific Reserves:
Music Fund
Anniversary Window Fund
Memorial Garden Fund
Bank Accounts:
Bells
CCLA (Bequests/Fabric)
Endowment - Slow
Endowment - Tailby
Events
Holiday Club
Lloyds
Lloyds Deposit
Printers
Santander
Cash:
Cash
Debtors/Creditors:
Accounts Receivable/Prepayments
Accounts Payable/Accruals
Specific Reserves:
Music Fund
Anniversary Window Fund
Memorial Garden Fund
B/F at 01/01/24
9,034.26
32,870.79
58,366.88
1,588.29
18,496.09
508.16
16,638.37
526.31
41,013.85
10.75
2,493.67
(19,828.70)
(457.70)
(56.27)
(2,807.79)
158,396.96
C/F at 31/12/24
9,539.36
36,252.90
59,702.81
1,672.59
7,677.64
552.90
3,571.35
30,908.35
29,125.49
9.60
4,150.00
(20,753.83)
(22.81)
(56.27)
(3,278.34)
159,051.74
Unrestricted
16,638.37
41,013.85
10.75
2,493.67
(19,828.70)
(457.70)
(56.27)
(2,807.79)
37,006.18
Unrestricted
3,571.35
30,908.35
29,125.49
9.60
4,150.00
(20,753.83)
(22.81)
(56.27)
(3,278.34)
43,653.54
Designated
15,801.78
18,496.09
508.16
526.31
35,332.34
Designated
15,801.78
7,677.64
552.90
24,032.32
Restricted
9,034.26
17,069.01
26,103.27
Restricted
9,539.36
20,451.12
29,990.48
Endowment
58,366.88
1,588.29
59,955.17
Endowment
59,702.81
1,672.59
61,375.40

St Giles Anglican and Methodist Church Desborough Financial Statements for the Period Ended 31st December 2024

Page [6]

Note 7: Designated Funds

Funds brought forward 1st Jan. 2024
Voluntary income
Activities for generating funds
Income from Church activities
Investment income
Other
Total receipts
Fund raising costs
Charitable activities [see note 5]
Ministry
Church maintenance
Administration
Total payments
Net receipts/(payments)
Transfers between funds
Funds carried forward 31st Dec 2024
Bequests
15,801.78
0.00
0.00
0.00
15,801.78
Events
18,496.09
9,646.32
9,646.32
733.91
733.91
8,912.41
#########
7,677.64
Holiday
Club
508.16
666.81
7.27
674.08
629.34
629.34
44.74
0.00
552.90
Printers
526.31
0.00
0.00
0.00
(526.31)
(0.00)
Totals
35,332.34
0.00
10,313.13
0.00
7.27
0.00
10,320.40
1,363.25
0.00
0.00
0.00
0.00
1,363.25
8,957.15
#########
24,032.32

E G A & K LENNOX 183 Dunkirk Avenue, Desborough, Kettering, Northants NN14 2PR Tel: 01536 761413

Email: eric.lennox@virginmedia.com

The Trustees, St Giles Church Desborough Lower Street Desborough Northants NN14 2NP

31[st] July 2025

To the Trustees of St Giles Church Desborough:

INDEPENDENT EXAMINER’S REPORT

I have examined the attached Receipts and Payments Account and Statement of Assets and Liabilities for St Giles Church Desborough for the year ended 31[st] December 2024 with the books and records produced to me by the Honorary Treasurer and confirm them to be in accordance therewith.

The Statement of Assets and Liabilities sets out the position of St Giles Church Desborough as at 31[st] December 2024 and the Receipts and Payments Account shows the Income and Expenditure arising during the year to 31[st] December 2024.

Eric G Lennox BA ACA Independent Accounts Examiner