St Martin's Church Bradley Annual Report and Financial Statements of the Parochial Church Council of Bradley St Martin For the year ended 31" December 2024 Charity registration number." 1185510 DIOCESE OF LICHFIELD JL Come follow Christ in the footsteps of St Chad
The Parochial Church Council of Bradley St Martin Trustees. Annual Report for the year ended 31 December 2024 Chorfty reglstrotlon number.. 1185510 Ob'ectives and Activities The Parochial Church Council of Bradley St Martin Ithe PCCI ha5 the responsibility of co-operatin@with the incumbent. the Reverend Kate Watson, in promoting in the ecclesiastical parish, the whole mission of the Church. pastoral, evangelical, social and ecumenical. The PCC Is also splrltually responslble for the maintenance of the church. The PCC is committed to enabling as many people as possible to worship at St Martin's Church and to become part of the parish community. Our Services and worship put faith into practice through prayer, scripture. music and sacrament. Also, beyond our gathered worship times. the PCC promotes and encourages activitie5 of h05Pltality and fe15owship. including practical and spirilual support as acts of loving kindness and outreach to the community of the parish. bli¢ B The trustees of the PCC are aware of the Charity Comrnission's guidance on publlc benefit in The Advancement of Religion for the Publit Benefit and have had ie@ard to it in their administration of the Charity. The trustees believe that, by promoting the work of the Church of England in the Ec¢lesiasti¢al Parish of Bradley St Martin it helps to promote the whole mission of the Church Ipa5toral, evangelistic, social and ecumenicall more effectively, within the Ecclesiastical Parish, and that in doin8 $0 It provide5 a benefit to the public by.. Providing facilities for public worship. pastoral care and spiritual, rnoral and intèllectual development. both for its members and for anyone who wishes io benefit from what the Church offers.. and Promotlng Chrlstian values and servlce by members of the Church in and to iheir communities, to the benefit of in¢Jivlduals and society as a whole. Much of the community outreach work of St Martin's Church is undertaken by volunteers from the church community and involving members of the wider comrnunity. AthFevÈments and Performante Review of h Y St Martin's Church, as a worshipping community, along with the events and activities we offer and the connections we have to our local community have experienced encouraging growth throu8h 2024. New initiatives which were prayed and planned for during 2023 have become realities thanks to many volunteers and new fundin8. St Martin's Church has continued to be a presence for good as part of the Bradley community. We gather each Sunday morning for Bible teaching, prayer, sung worship and fellowship. Our children and young people's Sundav groups continue to be an important aspect of our ministry, ensuring that our youn8er family members discover more about the Christlan faith. Across the year themes explored have included the Bible Society'5 series on Romans'the letter that makes sense of life" Christian Lifestyle and the first half of The Nitene Creed. We are blessed that our children and ytsung people are Committed members of our church family and pray that they may continue to grow in the knowledge and love of God. We celebrate the contribution that the children and young pec*ple make to our church family in many ways. including being part of the band, leading prayers or readings. We have continued with the inter8enerational format for monthly Worship for Everyone services, with the congregation sat around large tables for creative and reflective worship and interactin8 Wlth one another and of course continuing with the breakfast treats. Sunday morning worship continue5 to be live51reamed. Poge-l-
In January, we began an 8-week small group course on Romans. using material published by The Bible Society, to complement the Sunday morning Sermon series. We ran Alpha in June and a group of up lo 10 people explored questions of faith; as a result of Alpha, three participants requested baptism or re-affirmation of baptismal vows. This led onto St Martin's hosting a packed confirmation service on behalf of the Deanery in April 2024 and there were ten candidates from St Martin's. five of whom had come to faith through Alpha In rent years. Christian Festivals were opportunities to offer special worship times including an Easter Sunday dawn celebration at the Bradley War Memorial, where we had erected a wooden cross, and decorated it with flowers and greenery at daybreak. Advent and Chiistmas services once again included a Blue Christmas reflection for those grieving the death of loved ones or experiencing Other 5adne55 and loss and the ever-popular Christin8le Service which we combined with Christmas carols and was very well attended by youn8 and older alike, with people attendin8 who would normally not come to church. The annual act of remembrance at the War Memorial led jointly with Bradley Methodist Church was attended by all ages from the comrnunity. Additional risk assessments and trainin8 to consider Counter Terrorism were required by the local authority (from whom we must seek permission for the event). We were grateful to our local police sergeant for additional support in preparing for the event and the Presen of two police officers on the day. We were deli8hted to be joined by a new ordinand Joanne Redding in Septembei 2024 as she began context-based trainin8 in preparation for ordination. In addition to Sundays, Jo is on placemeni In thè parish for 16 hours a week. We appreciate the ongoin8 ministry of Annette Duckworth who, following her ¥etirement as a Self-supporting Minister in another parish, has been given Permission To Officiate IPTOI and exercises this ministry mainly at St Martin's Church. Rev Kate continues in her role as a local academy governor for St Martin's Primary School and as a director for St Martin's Multi- Academy Trust. She regularly leads collective worship and contributes to the Chrlsiian ethos and vlsion. She was part of the interview panel for appointing a new Head tsf School in the Autumn Term. Ou¥ church remains actively involved in Churches Together in Bilston and Bradley ICTBBI, contributing to key community events throughout Ihe year. The annual Easter outreach in the town centre provided an opportunity to share the gospel through son& presentations, and distributing chocolate and offering prayer to those passing by. Meanwhile, Hope in the Park continued to be hi8hlight of the summer, drawing many fr¢m the local area to Hi¢kman Park. Attendees enjoyed a varriety of games and activitie5 h05ted by chvrches, while children from Bilston and Bradley Schools took to the stage to showcase their talents. 5t Martin's Church volunteers ran the prayer tent with creative prayer activities, personal prayer ministry and children made 'Jesus is my superhero, masks. Buildin and Fabric There was a programme of maintenance work5 completed throu8hout the year, mainly by volunteers, to tackle repairs and decoration needs including paintin8 the metal window5 in the main hall, thank5 to the loan of a scaffo5ding tower from St Martin's School. Emergency lighting units were replaced with IED fittings. Finding tradespeople willingto undertake Specialist tasks is proving challenglng and the flat roof work remalns outstandlng. Activities run by St Martin's Church in the Church Cenlre coniinued throughout the year, run by teams of dedlcated volunteers. Here's a brief summarv". The Wednesday Club... continues to be a much-loved part of our church family and wider community, bringing people together each week for food, fellowship, and fun. Our gatherings begin with a short time of reflection and prayer, offering a moment of pea before we enjoy a deli¢lous hot meal and cake. Tea and coffee are available throughout the session. keeping conversations lively and we always finish with a friendly Éame of bingo- a highlight for This year. we celebrated some wonderful rnilestones. including a couple of 90th birthdays. marking these special occasions with joy and Eratitude and not to mention the cakel However, we also mourned the1055 of our much-loved member Mary Berry. who will be deeply missed by all. Poge-2-
Hotchpotch... continues to meet every Friday mornin& offering a warm and friendly atmosphere where everyone Is welcome. With free refreshments and good conversation, we aim to create a relaxed and supportive space for our community. A small group of palnters also meet during the session. sharSng their creativity and adding a nice touch to our gatherin8S. Once again, we were pleased to host Hub for Grub, which provided cooked meals that could be reheated at home for a minimum donation of £1.00. This continues to be a wonderful addition, offering practical support to those who need it while stren8thenin8 our sense of fellowship and care. While attendance has remained Steady, we are artively working to boost numbers and encourage more people tojoin us. Knlt2To8 ... 15 our church knitting 8roup that Meets every Thursday evening. We come together to knit or crochet items for charity, sharing fellowship and having fun alorE the wav. This year'5 hi8hlight wa5 our participation in the Christmas tree Competition at St. Leonard's with a delightful Mr. Men theme. Through various sales held over the year, we successfully raised £600.00 for Green Park School. Our group not only crafts beautiful items but also creates lasting friendship5 and a sense of communlty. We look forward to continuing our charitable work and enjoying each other's company in the coming year. Ignlte 5'.14- a'fresh expresslon, of church for children and youn8 people... Ignite 5..14 has experienced a fantastic year of growth". both in numbers and spiritual depth. We have been blessed with an increa5in8 number of attendee5, particularly children, and have continued to provide a diverse range of activities that encourage faith, friendship, and fun. This year, we have seen our average weekly atrendance rlse to 60 young people, a clear indication of God's blessing and the enthusiasm of our communlty. It has been particularly encouraglng to see many young people engaging with18nite 5'.14, bringing energy and excitement to our gatherings. Each week, we run 3 variety of activities designed to deepen faith and foster strong relationships. These have included.. Engagin8 Bible studies and discussion5, helping young people grow in thelr understandlng of faith. Creative and interactive sessions. making learning about God fun and accessible. Social events, providing opportunities for friendships to flourish in a Christ-centered environment. Residential & Special Events...a highlight of the year was our continued participation in the Brixham camp residèntial. This event remains a much-loved opportunity for spiritual growth, adventure, and deepening friendships. It Wa5 a time of learnin& worship, and plenty of fun. with lasting memories made by all who attended. Foith Milestones...we were also delighted to witness a number of our mernbers take the step of confimiation, publicly affirrnin8 Ihelr faith and commitment to following Jesus. This was a significant moment, both for thern and f(>r the Ignite 5..14 comrnunity, and we continue to support them on their journey of faith. This has been a year of blessing. growth, and joy for Ignite 5'.14. We give ihanks for the continued enthusiasm of ouryoung people. the commitment of our leaders. and the ongoing support of St Martin's Church. We look forward to seeing how God ¢ontinues to work in and through Ignite 5..14 in the comine year. Chlldren and Young Peoplds Sunday Groups Our Children's Group5 have had 3 wonderful year, tontirtUTng to meet every Sunday and providing a welcorning and nu¥turing environment for our youn8 people to grow in faith. It has been a joy to see theii enthusiasm, en8agement. and spiritual development over the past year. Teoching ond Worship...each week, our se55ion5 follow lectionary and church themes, helping our young people connect with the wider church's teaching and engage with Scripture in a meaningful way. Through interactive storytelling, discussions. and creative activities, we aim to make the Bible come alive and relevant to their everyday live5. Growth in Faith. .we have been blessed to see our young people continue to Brow in their falth. asking thoughtful questlons and developing a deeper understanding of what it means to follow Jesus. Their participation in worshlp and church Ilfe has been in5pirin8, and it is clear that God 15 at work in their lives. Confirmtstion ond Milestones...a significant highlight this year was the confirmation of many of our young people. This was a special moment for them, their families, and the church community. as they made a public commitment to their faith. We continue to support and erhcourage them as they take the next steps on their journey with Christ. Poge-3-
Looking Ahead...We are excited to see how God will continue to shape and grow our children's ministry in the coming year. With the support of our dedicated leaders and the church family. we pray that our young people will continue to develop a stron lasting faith. Sunshlne Corner.. we're delighted to welcome babies and toddlers accompanied by their grown-ups to our stsy-and-play on term- tirne Friday mornings. Mums. nans and grandads enjoy chatting together as their little ones play. We have three wonderful volunteers who prepare and serve us toast and drink5 each week and alway5 leave the kitthen sparklingl The weekly subs help to pay for special sessions by external providers and this year they included a toddler inflatable play-zone and sensory play specialist who brought harvest and Christmas themed plav. Bradley Connect .is the new umbrella name for our cornmunity-focus5ed events. We received several grant5, including being nominated for Ward Funds by two local councillors and a 8enerou5 private donation at the end of 2023 to expand our community connections and activities through 2024. The m(Inthly Bradley Connèct 15 simply about gettin8 tO8ether re8ularly so we can make and build friendships and connert a5 a community. It runs in the 'after school, time slot and there are games available and crafts for the chlldren and their carers and we chat over refreshrnents. Each session ends with a home-cooked and nutritious meal for everyone sat around tables as family and friends and we have fun with 'wovld you ratherf questions as we eat. It's open to young and old and it's all free. which is a blessing to rnany. Bradley Connect In the holidays aim5 to provide action-packed family fun for free as a treat during the school breaks,. it's e5peciallv welcome in our parish where families often can't afford to take children out for day trips or other entertainrnent. The table below shows the number of people who attended and volunteered at the holiday events. During the 2024 May half-term school holidav. we filled the church centre with inflatables and welcomed families for play sessions throughout the day. sending them home with a picnic to restore their energy leve15. The long school SLtmmer holidays were brokèn up by three family fun days which featured circus ski115 workshop, a sport5-themed day with profe55ional boxing coaches, and a magic show followed by walkabout demonstrations of amazing tricks, which even impressed the sceptical teena8er51 At each event, everyone was fed either by a hot meal at tables or with a take-home packed lunch. In October half-terrn we held a Light Party. with games and crafts and flnlshed outside with sparklers and everyone taking home a tasty hot dtsg. We ran a Me55y Christmas event in the lead up to Christmas 2024, offering families a free 90-minute session of Christmas themed craft and activities and a visit to Santa. with children able to choose a gift from a selection of books telling the story of the first Christmas as well as a chocolate treat. Thls was much appredated, and many families commented that they othenlSe could not afford to treat their children to a Chri5tmas-themed event. Total attendees lex. Volunteersl Total attendees linc. volunteers) 192 Bradley Connect Holiday Events Adults Children Famllies Volunteers 28.05 24 Inftatables12 session51 Circus Skills Workshop We are the champions with 8rightstar boxing Magic Show and walkabout trick5 Light Party Messy Christmas Totals 77 107 56 02.08.24 65 43 103 iii 16.08.24 39 63 42 102 iio 30.08.24 40 36 31 76 81 29.10.24 47 64 42 14 iii 125 14.12.24 64 94 55 13 158 173 313 429 269 56 734 792 We are grateful to the many volunteers who dedicate hours to planning. setting up. running and then clearing up these events. Puge-4-
Bradley MoneyAdvlce is a money and debt advice satelllte of Llfe Centre Debt Advice in Stourbrid8e, affiliated to Community Monev Advice and regulated by the Financial Conduct Authority. It launched at Sl Martin's Church Centre in January 2024 and provides free, fate-to-face confidential advice to enable people to become debt-free, including dealing direttly with creditors on their behalf and establishing re-payrnent plans or other financral solutions. BMA has been launched initially as a small-scale project and took on 3 clients during 2024. We would like to expand BMA in coming years. subject to increased availability of trained personnel and funding. Other Grant-funded initiatives In December 2023 we were awarded a £9,900 grant from the National Grid Community Matters fund. to be spent by March 2024. £49QN) was to be allocated towards the Church Centre's energy costs up between December 2023 and March 2024 and £5000 was dedicated to a Warm Homes projert for the local community. Residents in the WV14 postcode area were able to apply for energv- saving item5 to help to reduce household utility costs and contribute to warmer and more comfortable homes. We were shocked to discover that there were many families without the very ba51C5 of keepin8warm in their homes and slept without proper beddinB,' we met families where children were sleeping under coat5 or thin fleece$ and a significant proportion of the funding was spent on providing c05y duvets and bedlinen. Some families also benefited from draught excluder products. low energy lightbulbs. thermal- Irned curtains and heated blankets. The funding opened up new connections to our community that we are able to contlnue to build through welcoming people to Bradley Connect and other event5. Fundraiser5- these are popular events wlth church and community, in particular the annual Operation Christmas Child evening held in November each year, prornotin8 the work of the Samaritan's Purse'shoe 8oxes' campaign and raising money to send our packed shoe boxes off to children around the world. Stew3rdshlp The PCC acknowledges the ongoing faithful commitment of church members to regular giving of money and time which enable5 St Martin's Church to continue to function within and for the parish in accordance with its aims and objectives. Many people in the church family volunteer in at least one and often multiple roles and much of what we do would not happen without this sacrificial glvlng of time and money. During September, the Sunday worship theme focussed on 'Generosity' and as we considered the Immense generosity of God towards u5, we rellerted and reviewed our own response both in 5ervFn@ and planned financial giving. As a Tè5uIt, 3 number of financial pledges were established and existing ones increased and new volunteers were added to the ranks. Rentals Weight Watchers continue to rent the Lower Hall on Thursday evenin8S throughout the year. We once again benefitted from occasional rentals for example children's birthday partles. charity meetings and another church who held lis PCC away-day at the Centre. We were delighted to be approached by local Slimming World consultants who wanted to r&establi5h weekly sessions in the church centre. Their new long-term, weekly rental commences in January 2025. Future Plans In addition to promoting the rental opportunitses of the building, we need to be continually mindful of opportunitie5 for grant5 and donation5 to support the running of our charitable activitie5 and the upkeep of ihe church centre. A Buildin8 and Maintenance Action Group ha5 been established with the remit of implementing general maintenance tasks on behalf of the PCC and formulating proposals for larger scale projects where area5 of the building require renovation or rernodelling. Page-5-
Financial Review Net Total Assets= £138,899 I£ISI,125 2Q231 Deficit..1£14,6071 Unrestrittèd Oeficit.'1£2,1581- Rèstricted Deficit'.1£12,4501 IExcess.' £42,690 20231 Overall income has reduced from £119.589 2023 to £74.38?. The most notable differences are increases in 0903 Club subs and payments. 1101 Fees for Weddings & Funerals. 1330 Opus Ener8y- Solar Rebate. We have seen reductions in 550 Donations, 0601 £3,160 Ibecau5e of only one claim durin8 2024 in Apfil. This will correct itself in April 202511230 Church centre rents. Expenditure has increased from E76,898 2023 to £88.993. The most notable differences being increases in 1730 cost ot clubs/fetes]concerts & other events and 1801 3% Giving to Missionary Societies.1741. We have seen reductions in 2201 Parish Training and Mission and 2360 Administration. Thanks go to Andy Watson for his hard work and support throughout 2024. Kim Benton Reserves Polrc It is PCC policy to try to maintain a balance on free reserves Inet current assets) which equates to at least two months unrestricted payments. This is equivalent to £11,6852 2024 IEII.144 20231. It 15 held to smooth out fluctuations in cash flow and to meet emergencie5. The balance of the free reserve5 at the year-end w35 £47,655 20241£70,514 20231 which Is signifi¢antly higher than this target. In the uncertain economic climate. it is felt to have a healthy reserve is a good foundation for the future and will allow the charity to explore diflerent outreach if identified and be secure of having sufficient reserves if called upon in any unfoleseen drcumstances. Investment Polic The chaiity Is granted power to Invest in 5Ultable invesiments under rhe PCC Powers Measure 1956 and the Trustees Act 2000. As a charity, the Trustees have a duty of care to take such advice as is appropriate before investments are undertaken. Thls advice is sought from the Central Board of Finance ICCLAI in London. The charitvs investment policies are based on two key principles.. Ethical Investment-this includes ensuring that investments are held in companies which have high standards of corporate 8overnance and act in a responsible way towards stakeholders. Lon8-term responsibilities the trustees are aware of their lon8-terrn re5pon5ibilities in respect of the Restricted and Unrestricted reserves and as a result follow a prudent approach to investment decisions. Investment policy for lons-term funds 15 aimed prirnarily at generating a 5U5tainable income, with due reBard to the need for the preservation of capital value, and the p055ible need to realise investments to meet operational needs. The charity does not have a policy of generating income at excessive or high risk- known as 'purchasing income" where high returns are guaranteed at the expense of capital. In summary, the charity has an overall policy to maxirni5e income while preserving the real value of its funds. Due to the nature of the charity. an ethical investment policy is taken into consideration when inve5tment5 are made. The charity follow5 the Ethical Investment Advisory policy as recommended by the Lichfield Diocese which includes the following-. "We aim to invest in companies that.. will develop their business in the interests of shareholders- * demonstrate responsible employment practIs,. are conscientlOU5 concerning issues of ctsrporate govèrnan¢e, the ènvironment and human rights.. are sensitive to the community in which they operate. Planned givin& collections and donation5 are the main sources of fund raising along with tax recoverable. Puge-6-
Safe uardin We remain committed to prr)vldlng a safe and welcoming environment for all, especially children, young people, and vulnerable adults. Safeguarding is a key priority, and we continue to follow best practices to ensure the hi8he5t standards of care and protection within our thurch cornmunity. Safeguarding Commitment...we uphold the safeguarding policies of the Church of England and the Diocese, ensuring that all activities within the church are conducted in a safe and responsible manner. Renewul of D8S Checks...thi5 year, we have continued to ensure that all relevant church members have an up-to-date Disclosure and Barring Service IDBSI check. We have artively worked to renew DBS checks for those in key roles, in line with safeguarding guidelines. This process helps to ensure that all those involved in ministry and church attivltles meet the necessary safeguarding requirement5. Ongoing 5ufegu(yrdAng w0...we remaln dedicated to reviewin8 and strengthening our safeguarding practices, induding= Ensuring all leaders and volunteers complete safeguarding training appropriate to their roles. Regularly reviewing and updating our policies to reflect best practice and current guidance. Encouraging a culture where everyone in the church understand5 their role in safeguarding and know5 how to respond to concerns. Conclu5ion...Safeguarding is the responsibility of the whole church in ensurlng that St Martin's remains a safe place for all. We will continue to review and strengthen our safeguardlng measures in the year ahead. Re ortln Serlous Incidents A Serious Incident is an adverse event, whether actual or alleged, which results in or risks significant harm to the charity's beneficiaries, employees, office holder5, volunteers or io others who come into contact wlth the tharity through its work, 1055 of the chariWs money or assets, damage to the charity's property or harm to the charitV'5 work or reputation. The PCC is not aware of any Seritsu5 Incidents in the last year. Fundralsln The PCC takes Its fundraising responsibilities seri(>usly and Is very grateful to all donor5- whether regular or occasional- for their support of the church and church events. Supporter5 are never taken for granted and the PCC recognise with thanks the gifts of time and expÈTtise which are also offered, as gifts-in-kind which reduce its financial expenditure, for example the skills of those on the maintenance team who undertake maintenance and refurbishment works voluntarily and cleaning teams. The PCC take full responsibility for fundraising and do not use commercial organisation5 or professional fundraisers. All money raised is either by dtsnations, grants, fundraising events, Special appeals or legaues for which the PCC are most grateful. The PCC is gratefijl for the support of local grant makin8 organisations, in particular an annual sum from the Ernma Bu55ey Trust for work supporting the m05t vulnèrable. particularly the elderly, in the Bradley area. St Martin's Church registered as an advocate with the charity Acts435. Acts 435 provides speclfic practical Ifinanciall helpfor people known by local churches to be in need by matching financial donors to anonymous requests, Posted by the advocate. Volunteers The members of the PCC would like to thank all the volunteers who work so hard to make St Martin's Church a lively and vibrant comrnunity. During 2024 our volunteer numbers increased by 61% to SO individuals, includin8 people from the local community who are not part of our church congregation. Our especial thanks go to our Church Wardens Rosemary Preston (from April 20241 and Stephen Robinson, and to the outgolng warden lan Grennan, all of whom have worked tirelessly on our behalf. Further thanks go tts St Martin's book-keeper Andy Watson, for his long hours of dedication to managing the finances and accounts throughout the vear. Rlsk Mana ement The Church Wardens carry out regular Health and Safety Reviews and regularly inspect premlses for potential hazards. We have safeguarding policies in place for child protection and for work with vulnerable adults, including rigorous OBS checking of staff and volunteers. Our insurances are reviewed annually to ensure adequate cover. Reviews of any new risks whith may impact thè work of the Church in the Parish are ongtsin Page-7-
Structure Governancè and Mana emÈnt The PCC is a Body Corporate established by the Church of England and is a Charity wlth the Charity Commission. The PCC is governed by the Parochial Church Council Powers Measure119561 a5 amended that came into effect on 2. January 1957, and the Church Representation Rules (contained in Schedule 3 to the Synodical Government Measure 1969 as amended). The method of appointment of the PCC members rs set ovt in the Church Representation Rules. The Council comprises the Incumbent. the Churchwardens, a representative of the Readers, those ele¢ted tts the DeaneTV Synod. and other members who are elected at the Annual Parochial Church Meetin& by those on the Electoral Roll. The PCC mernbers receive training frc>m courses run by the Diocese. Members of the congregation are always urged ttsjoin the Electoral Roll, and to stand for elertion to the PCC. The PCC members are responsible for making decisions on all matter5 of general concern and importance in the parish. and foi all financial matters. The PCC met 51X times during 2Q24. The Standing Committee comprising the incumbent. church wardens, treasurer, lay reader and PCC secretary meet prior to each PCC and minute5 of their meeting are presented to the PCC. PCC members are DBS checked and safeguarding is a standinÈ Item on PCC and Standlng CommSttee agenda5. Rèlatèd Partles No related parties were either employed by the PCC or offered a contract to carry out work on the Church Donations from Related Parties Many of the regular donors are related in some way to Trustees or are Trustees themselves however, all donations, regular and one-off. were received without conditions. Donations from 7 related parties IPCC MembeTsI durin8 the year totalled £17.1081£21.73120231. Remuneratlon ald to Trustees None of the trustee5 have been paid any remurneration or received any other benefits from employrnent with the PCC. ènses aid to Trustees Trustee expenses during the year have been minor and incurred in relation to thetravel ¢osts associated with the incumbentfulfilling her parochlal dutles, prlncipally funerals. No other Trustee expenses have been incurred duririg the year. One Trustee was reimbursed £140 20241£19 20231 travel and subsistence during the year. Page-8-
Reference and Administrative Details Charlty Name: The Parochial Church Council of The Parish of 8radley St Martin Other names the charity is known by: NIA Registered Charlty Number-. 1185510 Charitvs principal address: Slater Street Bradley Bilston WV14 8PF Correspondence address.. St Martin's Wicarage 7 King Street Bradley Bilston WV14 8PQ Website address- htt www.stmartinsbradle .com PCC Members.. Who Served from l January 2024 to the date this report was approved Trustee name Office lif any) Dates actèd if not for whole perlod Ex-officio Revd. Kate Watson Vicarlchairperson Church Warden lan Grennan Resigned as CW 14 April 2024, elected as Member 14 April 2024 (added below) Matthew AldTidge Stephen Robinson Rebecca Edkins Deanery Synod/Licensed Lèy Minister Deanery Synod/ Church warden PCC Secretary Clergy with Permission to Officiate Ordinand Revd Annette Duckworth Joanne Redding From 20111124 Rosemary Preston Elected Member5 Church Warden Frorn 14 April 2024 Carene Spooner Jeanette Smith Parish Safeguarding Officer From 14 April 2024 From 14 April 2024 From 14 April 2024 Anita Bucknall lan Grennan Alison Grennan Sandra Bhella Resigned 14 April 2024 Resigned 14 April 2024 Resigned 14 April 2024 Vanessa Russell Elizabeth Thomas Page-9-
Bank Cooperative Bank Business Banklng PO Box Skelmersdale WN8 6wr Investment CCLA Managers Senator House l An8el Ln London EC4R 3AB Independent Examiner Lichfield Diocesan Board of Finance St Mary5 House. The Close, Lichfield. W513 7LD Approved by the PCC on 02.04.25 and Signed on its behalf by.. Pt7ge- 10-
Independent Examlnerfs report to the trusteeslmembers of The PCC of The Parish of Bradley St Martin Registered charity number.. 1159897 I report on the accounts for the year ended 31" December 2024 which are set out on the following pages. Re5 ertive res onslbilitres of the Trustee5 and Inde endent Examiner The charity's tiustees are responsible for the preparation of the accounts. The charitls trustees consider that an audit is not required for thls year under Sectlon 144 of the Charities Act 2011 (the Charities Act) and that an independen t examination is needed. It is my responsibiltty to examine the accounts under section 145 of the Charities Art, to follow the procedures laid down in the General Directions given by the Charity Commission (under section 14515llbl of the Charities Act. and to State whether particular matters have come to my attentlon. Basi5 of Inde endent Examiner's Statement My examination was carried out in a¢¢ordance with the General Direction5 given by the Charlty Commlssion. An examination includes a review of the accounting record5 kept by the charity and a comparison of the accounts presented with those reeords. It also includes consideration of any unusual items or disclosures in theaccountsandseeking explanationsfrom the trustees concerning any such matters. The procedures undertaken do not provide all the evidence ihat would be requlred in an audit, and consequently no opinion Is given as to whether the accounts present a "true and fairt view and the report Is limited to those matters set out in the statement below. Inde endent Examiner's Statement In connection with my examination. no rnaterial mattefs havè Come to my attention which gives me cause to believe that In any material respect.. accounting records WEre not kept in accordance with section 130 of the Charities Act or the accounts do not accord with the accounting records I have come across no other matter5 in connection with the examination to whlch attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed.. Date.. Lichfield Diocesan Board of Finance St Marfs House, The Close, Llchfield W513 7LD Page-11-
The Parlsh of Bradle St Martin Notes to the Financial Statement5 For the year ended 31" December 2024 Accountin Pollcles The Financial statements of the PCC have been prepared in accordance with the Church Accountin8 Regulations 20Q6 using the Receipts and Payments basls. There may be minor discrepancies in the totals as the pence are not being shown. The financial 5taiements have been prepared under the historical c05t convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statement5 include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body nor those that are informal gatherin85 of Churth members. Cashflow Statemen The Charity has taken advantage of the exemption in FR5102 from the requirementto produce a cashflow statement on the grounds that the income does not exceed £500,000. Goin Contèrn There are no material uncertainties relate to events or conditions that cast significant doubt on the charity's ablllty to contlnuè as a going concern. untln Estlmates and Prlor Year Errors No changes to accounting estimates have occurred in the reporting perlod. No material prior year eriors have been identified in the reporting period Descrl tlon of Funds Unrestrictèd funds are income funds of the PCC that are available for spending on the general purpose5 of the PCC, including amounts des18nated by the PCC for fixed assets for its own use or for spending on a fUre project and which are therefore not included in its'free reserves" as dlsdosed in the trustees. annual report. An explanation of purpose of each Designated fund are as follows.. Children & Youth- Annotated as Grants for Children & Youth. If these are historic grants, then this fund should be a restricted fund. Fund overdrawn. Balance transferred from General to c105e in 2025. Restricted fund will be use for grants. FellLunch- Income from fellowship lunch that Is held every second Sunday. Expenditure to pay for provisions. Building Fund- Used for income from rents and expendlture for associated building projects. Community Matters- Money set aside for Community projects. MissSon Development- Money set aside for the development of Mission. Puge-12-
Re5trided fund5 comprise of two elements=_ al income from trusts or endowments which may be expended only on those restricted objects provided In the terms of the trust or bequest bl donations or grants received for a speclfic object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not Usually invest separately for each fund. Where there is no separate investment, Interest is apportioned to individual funds on an average balance basis. An explanation of purpose of each Restricted fund are as follows.. Wednesday Club- Monies raised from Subs and for lunch that is provided to the patrons of the WÈdnesdèy Club that meet weekly at lunch time for a hot meal. games. and fellowship. Fund name was amended with transfer to new coding system. Emma Bussey- Grant received annually upon completion of an application form various prolects BlIding- This is the loan with the Diocese for thè work on the building. Knit- Knitting group sub5. DI- Monies raised for Ignite 5.-14 leaders to complete the DI driving license for when the group use a minibus. Families IBradleyl speclflcally to help Bradley families in need. DeTib- Defib Cabinet- Monies donated for an external cabinet for the defibrillator to be 51ted externally for community Use. Decoration IDS- Funds for the re-decoration of the Vicarage held with LDBF. Sunshine- Monies used for Sunshine Corner Stay and Play Group that meet on a Friday morning to support parents Wlth voung children. IgniteCamp- Payment5 received from member5 for the annual trip to Brimham. Ignite 5..14- Monies raised from subs and the sale of 'tuck' for the chlldren and young adults that attend Ignite 5..14 on a Friday evening. HotchPotch- Monies raised from the sale of food and drinks from the group of people that attend Hotch Potch on a Friday mornlng. Fairtrade- Income and expenditure from the 531e of Fairtrade product5. Community Matter5- Grant frorn NGED for warm packs for the community. Grant from NGED for heating for the Church. Quinquuennial- To pay for quinquennial work held with LDBF. Endowment funds are restricted funds that must bè retained as trust capital either permanently or subject to a discretionary power to spend capital 35 income, and where the use of any income or other benefit derived from the capital may be restricted or unrestricted. Full details of all their restrictions are shown in ihe notes to the accounts. An explanation of purpose of each Endowment fund are as follows= Amble5ide- Sale of Ambleside held in the DSocesan Trust Page-13-
Incomin Resources Planned giving, collectlons and donations are recognised when received or when the PCC becomes entitled to the resource and the monetary value can be measured with sufficient reliability. Tax refunds are recognised when the incomin8 resource to which they relate js Teceived. Grants and Legacies are accounted for when the PCC is legally entitled to the amounts due and the monetary value can be measured with sufflcient reliability. Dividend5 are accounted for when receivable, interest is accrued. All other income is recognised when it is receivable. All incoming resour$ are accounted for gross. Re50urce5 EM ended Grants and donation5 are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. The diocesan parish share is accounted for when due. Amounts received specifically for mission are dealt with as restricted funds. All other expenditure is generally recognised when it is incurred and is accounted for gross. Governan and Su ort Costs Support Costs should be allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the PCC and its compliance with regulation and good practice. Support costs include central functions and have been allocated to activity cost categoriès on a basis consistent with the use of resources eg by allocating staff costs by time spent and other costs by their usage. Fixed Assets Consecrated and benefice property 15 not included in the accounts by s.1012llal&lCI of the Charities Act 2011. Moveable church furnishings held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for dlsposal are inalienable property, listed in the Church's inventory. which can be inspected lat any reasonable timel. For anything acquired prior to 2000 there is insufficient cost Information available and therefore such a5set5 are not valued in the financial statements. No depreciation Is provided on buildin8S as the currently estimated residual value of the propertie5 Is not les5 than their carrying value and the ¥emainin8 useful life of these assets exceeds 50 years. so that any depreciation charges would be immaterial. Other tangible fixed assets are valued at cost. The depreciation rates and method5 Used are disclosed in note'fixed assets lal,. Investments Investments in quoted shares, traded bonds and similar investments are valued initially at cost and subsequently at market value at the year end. Investments held for re-sale are treated as current asset investments. Debtors Debtors are measured on Inltlal recognition at seitlement amount. Subsequently they are measured as cash expected to be received. Creditor5 and Accruals Creditors are measured at settlement amounts less any trade discounts. Accruals are measured on best estimate of the arnount required to settle the obliBation at the reporting date. Po9e-14-
The Parfsh oABrodleySt Martin s yearendlng 2024 Receipts and Payments Attount 2024 Unrestricted Designated Restrirted Endowment fund5 funds funds funds 2024 2023 Receipts Donations and legacies Income from charitable activities Investments Other income Total Income 40,792 947 4.141 1,983 21,962 64,738 106,064 947 616 7,662 12.651 1,039 255 74.387 119.588 3,521 478 5,982 560 22.523 45,881 Payment5 Costs of generating funds Raising Funds other expenditure Expenditure on Charitable Artivities Total expenditure 583 32 3,237 20,484 24,305 16,532 32 46,122 46,739 4,044 7,281 14,488 34,973 64,655 60.365 88.993 76,898 Net income / lexpendlturel sourceS before transfer 18591 11.299) 112.4501 114,607142,690 Transfers Gross transfer5 between funds- in Gross transfers between funds out Other rècognised galns / losses Gainsllosses on investment assets Gains on revaluation, fixed assets. charity's own use Net movement In funds 20.000 14791 6,571 14,0931 26,571 4,875 126,572114,8761 122,0001 2,381 2,381 7,758 1301 112.225150,418 122,8591 18,222 19,9711 2,381 Reconciliation of funds Total funds brought forward 70.514 7,465 141,3651 114.509 151,124 100,706 Total funds tarried forward 47.655 25,687 1513361 116,891 138,899 151,124 Page-15-
Statement of assets and liabilities 2024 Class and nominal code General Deslgnated Restricted Endowmènt 2024 2023 Flxed Asset- Investments C83008382.. CCLA Lichfleld TN 131- 382 CB30084SI.. CCLA Lichfield TN 131- 451 Total Flxed Asset. Tanglble Assets 6505.. 65" Oigital Signag8 Display Total Current Asset- Cash At Bank And In Hand 65138001.. Cooperative Bank 65138001 65138441.. Cooperative Bank 65138441 CB3000042.' CCLA St Martin Bradley IDBRAD021= Interior Decorating Scheme- Vicarage QFBRAD021.. Quinquennial Scheme Total Liability- Agency Accounts 6699= Agency collections Total Liability- Creditors: Amounts falllng due after morè than one #r DL8RAD01212.' LDBF loan- Due in after one year Total Ll8bility- Creditors.. Amounts Falllng Due In One Year DI8RAD01211.- LDBF loan - Due in one year Total 13.875 103,015 116.891 13,875 13,799 103,015 100,710 116,891 114,509 444 888 888 444 444 3,195 2.869 41.147 25.627 60 17,S661 682 21,257 19,747 3,611 30.736 41.147 37,006 1,250 1,250 640 640 67,906 89,379 1,250 640 14,9941 47,211 25,687 1,159 1,159 1.159 1,159 320 320 36,290 36,290 36,290 44,441 36,290 44.441 8,892 8,892 8,892 8,892 8,892 8,892 Net total assets 47,655 25.687 151,3361 116,891 138,899 151,124 Approved by the PCC on 02.04.25 and signed on its behalf by.. Poge-16-
statement of assets and liabilitiès 2023 Class and nominal code General Designateil RestrTrcted Endowment 2023 2022 Fixed Asset- Investments CB3008382- CCLA Lichfield TN 131- 382 CB3008451: CCLA Lichfield TN 131- 451 13.799 13.799 14.702 100,711 100.711 92.050 114.510 114,510 106.752 Total Foxed Asset- Tangible Asset5 6505.. 65" Digital Signage Display 888 888 888 Total Current Asset- Cash At Bank And In Hand 65138001.. Cooperative Bank 65138001 65138441.. Cooperative Bank 65138441 C83000042.. CCLA St Marlin Bradlev ID8RAD021'. Interior Decorating Scheme- Vicarage QF8RAD021- Quinquennial Scheme 8.862 29.994 37.006 7,405 60 3,480 682 19.747 18.500 30,736 3,693 37,006 32,440 1,250 938 640 89,380 55.570 1,250 640 6,052 Total 75063 7.465 Llability- Agency Accounts 6699.. Agency collections 320 320 320 320 132 132 Total ability- Creditors.. Amounts falling due after more than one year DLBRAD01212.' LDBF loan - Due in after one year 44,441 44.441 44.441 52.592 44.441 52,592 Total Liablllty- Credltors.. Amounts Falling Due In One Year DLBRAD01211.' LDBF loan- Due in one year 8,892 8,892 8,892 8,892 8,892 8.892 Total Net lotal assets 76,751 7,465 147.6021 114,510 151,125 100.706 Poge-17-
Analysis of reIPtS and payments 2024 Unrestricted Designated Restricted Endowment 2024 2023 RECEIPTS Donatlons and legacies 0101- Planned Glving 0301- Loose Plate Collections 0550- Donations 0601- Tax Recovered- Gift Aid 08AI- One off Grants 0901- Other Funds generated 0903- Club Subs and payments Donations and legacies Totals Incomè from charitable activities 1101- Fees for Weddings & Funerals Income from charitable activities Totals Investments 1001- Divldend 1020- Bank Interest Received 1230- Church Centre Rents Investments Totals Other income 1330- Opus Energy- Solar Rebate other income Totals Receipts Grand totals 34,228 134 2,956 3,160 34,228 39,431 134 267 5,456 23,326 3,160 9,211 5.500 I5,7j 1,466 8,195 14,792 9.932 64,738 106,064 1,500 5,500 1.280 13,682 21,962 186 127 40,792 983 1,983 947 947 947 947 616 616 3.156 985 3,156 3.486 985 1.162 3,521 8,003 7,662 12,651 3,521 3.521 4,141 478 478 5,982 560 560 22.523 1,039 255 1,039 255 74.387 119.588 45,881 PAYMENTS Costs of generatlng funds 1720- Stewardship Envelopes 1730- Cost of Club5/fete5lconcerts & other events Costs of generating funds Totals Expendlture on Charitable Attivitie5 1741- Bank Charges & Loan Interest 1801- 3% Giving to Missionary Societies 1910- Common Fund 2101- Clergy Expenses 2201- Parish Training and Mission 2301- Churth running- Insurance 2306- Fairtrade 2310- Telephone & Internet 2330- Routine Maintenance & Minor Repair5 2331- Cleaning & Housekeeping 2340- Provision of Services 2350- Llpkeep of Church Grounds 2360- Administration 2363- Licences & Subscription5 2401- Utilitie5 Electricity 2410- Utilitie5- Gas 2420- Utilities- Water 2440- Heatin & Lightin Expenditure on Charitable Activities Totals Payments Grand tota15 32 583 616 32 24,305 16,532 24.338 16,S32 3.237 3,237 20,484 20,484 2,817 660 2,817 2,688 1,985 580 33.131 32.733 140 18 6,428 9,080 1,591 1,530 220 63 963 994 3,761 3,050 703 532 1.714 1.303 117 1,949 2,663 854 1.325 33,131 140 1,359 1.591 180 4,889 220 963 493 703 1.714 loo 1,945 854 3,267 17 1.578 2,924 615 54 1.745 46,122 46,739 596 650 7,626 64,655 60,365 88,993 76,898 5,881 14,488 34.973 4,044 7.281 Page-18-
Fund movement by type 2024 Fund Ambleside Endowment Sub-tota15 OpeninB Incoming Outgoing Transfers GainslLosses Journals C105in8 114,509 114.509 2.381 2,381 116.891 116,891 Building Designated Restricted Sub-totals 4.656 164.1731 159,5171 3,521 3,864 2,834 6.698 4,313 67,008 162,6941 3,521 Children & Youth Designated Sub-totals 102 102 265 265 11631 11631 Communlty Matters De518nated Restricted Sub-totals 2,500 5,000 7.500 1.000 3.000 4,000 2,156 8,55S 10,712 1,343 3.000 3,000 3,787 DI Restricted Sub-totals 1,292 1,292 1.292 1,292 Decoration Restricted Sub-totals 1,250 1,250 1,250 1,250 Defib Restricted Sub-totals 533 533 533 533 EmmaBussev Restricted Sub-totals 4,092 4,092 14.0931 14,0931 Energy Designated Rèstricted Sub-totals 478 560 1.039 14791 478 4,900 4.900 5.881 5,881 58 58 FamllieslBradleyl Restricted Sub-totals 231 231 sThJ 500 168 168 563 563 FelLunch Designated Sub-totals 206 983 983 995 995 193 193 Knit Restricted Sub-totals 480 1.134 1,134 660 660 954 954 Mission Development Designated 20,000 20,000 Poge-19-
Sub-tota15 20,000 20.000 Quinquennial Restricted Sub-totals 640 640 Wedclub Restricted Sub-tota15 11711 11711 3,769 3,769 3,094 3,094 3,092 3.092 3.596 3.596 Sunshinè Restricted Sub-totals 828 828 597 597 567 567 858 858 General Unrestricted Sub-tota15 70,514 70,514 45,881 45.881 46,739 46.739 122,0001 122,0001 130,3711 130,3711 47,656 47.656 Ignitecamp Restricted Sub-totals 973 973 8,539 8.539 9,014 9,014 498 498 Ignite Restricted Sub-totals 2,036 2.036 4,356 4.356 3,543 3,543 2,849 2,849 HotchPotch Restricted Sub-totals 472 67 67 288 288 251 251 472 Fairtrade Restricted Sub-tota15 246 246 365 365 11201 11201 Totals 151.124 74,387 88.993 2.381 130,3711 138.899 Page-20-
Fund movement by type 2023 Fund Openlng Incoming Outgoing Transfers GainslL055es Journals C105in Ambleside- Sale Of Ambleside He Endowment 106,751 106,751 7.758 7,758 114,509 114,509 Sub-total for Ambleslde Building- Building Fund Designated Restricted 63 161,4831 161,4201 8,003 3,409 2,688 6.098 4.656 164,1721 159,5161 Sub-total for Bullding 8.003 Children &- Grants- Children An De518nated 1.032 1.032 929 929 102 102 Sub-total for Childrèn & Community- Community Matters DesiEnated Restricted 2,500 5,000 7,500 2,5(X) 5,0 7.5LXI Sub-total for Community DI- DI Fund Restricted 1,292 1,292 1,292 1,292 Sub-total for DI DÈcoratlon- IDS Oecoratlon Accou Restr?cted 937 937 62 62 300 300 1,250 1,250 Sub-total for Dècoration Deftb- Defib Cabinet Restricted 533 533 533 533 Sub-total for Defib EmmaBussèy- Emma Bussey Grant Restricted 2.092 2,092 2,000 2.000 4,092 4,092 Sub-total for Emma8ussèy Energ¥- Energy Fund Designated Restritte(4 16831 255 4,900 5.155 3.347 3,775 4,900 4,900 Sub-total for Energy 16831 3,347 3.775 FamllleslB- Famllles (Bradley Fa Restricted 331 331 loo 100 231 231 Sub-total for Familie4B FelLunch- Fellowship Lunch Designated 280 280 1,018 1,018 1,092 1,092 206 206 Sub-total for FelLunch Knlt- Knitting Group Restricted 350 350 780 780 649 649 480 sub.total for Knlt Quinquenni- Quinquennial Scheme Poge-21-
Restricted 20 20 6W 640 640 Sub-total for Quinquenni WedClub- Wednesday Club Restricted 2.590 2,590 3,607 3,607 6,367 6,367 11701 11701 Sub-total for Wedclub Sun5hine- Sunshine Corner Restricted 1.159 1,159 414 414 745 745 828 828 Sub-total for Svnshine General- General fund Unrestricted 41,767 41.767 78,000 78.IXIO 44,578 44.578 14,6751 14,6751 70.514 70.514 Sub-total for General IgniteCamp- Ignite 5..14 Camp Restrlcted 342 342 9,164 9,164 8,533 8,533 973 973 Sub-total for Ignitecamp 18nite- Ignite S'.14 Restricted 1,813 1,813 3,797 3,797 3,573 3,573 2.036 2,036 Sub-total for Ignite HotthPotth- Hotth Pot¢h Restricted 665 665 192 192 472 472 Sub-total for HotchPotch Falrtrade- Falrtrade Restricted 869 869 64 64 688 246 246 Sub-total for Fairtrade Grand total 100.706 119,588 76,898 7,758 151,124 Staff C05t5 The PCC did not have any employees in the previous or current year There were no employee benefits to key management personnel in the previous or current year. Trustee< Remuneration & Ex enses No Trustees were employed so no remuneration has been incurred during the year One trustee was reimbursed £140 20241£19 20231 for travel and subsistence during the year. Related Partie5 No other expenses were paid to any other PCC mernber, or persons c105ely connected to them or related parties. Donations from Related Parties Donation5 from 7 related parties IPCC Member51 durin8 the year totalled E17,1081£21,73120231. Puge-22-
Fees for the examination of the account5 2024 2023 Independent Examiner's fees Iso 150 Other fees- Bookkeeping 510 660 250 400 Total Analysis of Transfer between Funds 2024 Reference Tfr from Ener8y design3 to restric to bringto nil nd c105e Tfr from EnerEV deSiatl to restrlctsd to bri n8 to nil and tlos Tfr from General to Cornmunity Matters as p2r email from donor PN his donation Tfr from General to Community Matters as w emall from tltsnor PN his donatitsn Tfr from Buss towedclubas Det Cretht Fund 478.63 EDer 478.63 Ener Res OLKJ. Ccffnmuni Matters 2.000.00 3 000.00 General Unr ere11 FromKW E[[6v55 Wedclub Tfr from Busse toWedCluba5 er erTkNiI frorn KW Tfr from Busse to Wed Club as er emèll from KW Ttr from Buss to Wed Club as er email from KW Tfr from General to Mi55ion Deve1oprynt ?5 per etTrwil from KW Tfr from Busseyto ComrNnlty Matters as per emal I from KW Tfr frorn General to Mi$$ion Oeveloprnent a5 per 1[ from KW Tlr from 8ussey to Community Matters as per email from KW 3,000.00 Res 3 092.66 Wedclub EmmaBuss Res 3 092.66 Res 20 000.00 General Unr i 000.00 Comuni Matters Res 20 000.00 Mlssion Dewelo ent Des ErnrnaBuss Pt7ge - 23-
Analysls of Transfer between Fynd$ 2023 Debit Credlt Descrlptlon Fund Fund Type Tfr from General to IDS 2022 contribution Tfr from General to Quinqennial 2022 contribution Tfr from General to Decoration IDS 2023 tontribution Tfr frorn General to Quinqennial 2023 contribution Tfr from General to Energy Costs Designated to bring to nil and close Tfr from General to Energy Costs Designated to bring to nll and c105e Tfr frorn IOS to Qulnquennlal paid into IDS in 2021 in error Tfr from General to IDS 2022 Contribution Tfr from General to Decoration IDS 2023 contribution Tfr from IDS to Quinquennial pald into IDS in 2021 in error Tfr from General to Quinqennial 2022 contribution 250 General Unr 200 General Unr 2SO General Unr 200 General Unr 3,775.56 Ener8y Des 3,775.56 General Llnr 200 Decoration Res 250 Decoration Re5 250 Decoration Res Quinquennia 2 Res Quinquennia 200 Res Tfr frorn General to Quinqennlal 2023 contribution Quinquennla 200 Res Pt7ge - 24-
rixed Asset5 al Tan8ible Fixed Assets Church Equipmen Total Asset Cost or Valuation Asatljan Additions in the Year Disposal in the Year Revaluation lif anyl Value at 31 Dec 888 0.00 0.00 0.00 888 888 0.00 0.00 0.00 888 Accumulated Depreciation Asatljan Charge for the Year Disposals Value at 31 Dec 0.00 0.00 0.00 444 0.00 0.00 444 0.00 0.00 Net Book Value at l Jan 2024 Net Book Value at 31 Dec 2023 888 888 65" Digital si8nage display £888 purchased in 2023. This will be depreciated at 50% in 2024 and 2025. bl Fixed Asset Investments Atljan Additions Dlsposals Transfe rs Change in Market Value £ At31 Dec Endowment funds Investments 114,509 0.00 0.00 0.00 2,382 116,891 Total 114,509 0.00 0.00 0.00 2,382 116,891 CCLA CB3CX)8382- Lichfield TN 131- 13.8751£13,799 20231 CCLA CB3008451- Lichfield TN 131- £103,0161£100,710 20231 Page-25-
Liabilities due within one ar 2024 2023 LOBF loan due < l year 8,892 8,892 Total 8,892 8,892 Liabilities due aft ne ar 2024 36,290 2023 44.441 LDBF103n due 2- 5 years Total 36,290 44,441 Summary of Assets by Fund 2024 Unrestrlcted Designated Restrlcted Endowment 2024 2023 Unrestri¢ted General Iunrestrittedl Designated Designated- Building Designated- Children & Youth Designated- Community Matters Designated- FelLun¢h Designated- Mission Development Restrlcted Restricted- Building Restricted- Comrnunity Matters Re5tricted- DI Restricted- Decoration Restricted - Defib Restricted Emma8ussev Restricted- Eneoy Restricted Fairtrade Restricted FarnilieslBradleyl Restricted- HotchPotch Re5tricted- Ignite Re5tricted- 18niteCamp Restricted- Knit Restricted- Quinquennial Restricted- Sunshine Restricted- Wedclub Endowment Endowment- Ambleside 47,655 47,655 70,514 4,313 11631 1.343 193 20,000 4,313 1163 1.343 193 20,000 4,656 102 2.500 206 167,0081 167,0081 164,1731 2.444 5.000 1,292 1,292 1,250 1,250 533 533 4.092 4,900 246 231 472 2.036 973 480 640 828 11711 1.292 1,250 533 58 11201 563 251 2.849 498 954 640 858 3,596 11201 563 251 2.849 498 954 640 858 3,596 116,891 116.891 114,509 116,891 138,899 151,124 Total 47,655 25,687 151,3361 Puge-26-
Summary of Assets by Fund 2023 Unrestricted General fund 70,514 70,514 41,767 DeslEnated Bullding Fund Communily Matters Energy Fund Fellowship Lunch Grants- Children And Youth 4.656 2,500 4.656 2.500 63 16831 280 1,032 206 102 206 102 Réstrlcted Building Fund Community MatteTS DIFund Defib Cabinet Emma 8ussey Grant Ener8y Fund Fairtrade Families (Bradley Familie51 Hotch Potch IDS Decoration Account Ignite 5..14 Ignite 5..14 Camp Knitting Group Quinquennial Scheme Sunshine Corner Wednesday Club 164.1721 5,OLK) 1,292 533 4,092 4.900 246 231 472 1,250 2,036 973 480 640 828 11701 164,1721 5,000 1,292 533 4,092 4,900 246 231 472 1,250 2.036 973 480 640 828 11701 161,4831 1,292 533 2,092 869 331 665 937 1,813 342 3Sa 1,159 2,590 Endowment Sale Of Amble5ide Held In Diocesan Trust Total 114,509 114,509 106.751 70,514 7.464 141,3691 114.509 151,124 100,700 Page-27-
SOFA- Receipts & Payments Comparatives IPrevlous Year 2023] Receipts and Payments Account 2023 Unrestricted fund5 Restricted Endowment funds funds 2023 2022 Receipts from.. Donation5 and legacies Church Activities Income from charitable activities other tradin8 activities Inve5trnentS Other income Total income 83,048 23,017 106,065 62,069 58 1,502 616 616 12.569 256 96,489 83 12,652 256 119,589 13,620 244 77A92 23.099 Payments on: Costs of generatn8 funds Raising Funds Expenditure on Charitable activities Expendlture on Charitable Activities Total expenditure 2,690 13,843 16.532 10,204 25 363 54,732 65,324 51.143 53.833 9,223 23,066 60,366 76,898 Net income / (Èxpenditure) resources before transfer 42,657 34 42,690 12.169 Transfers Gross transfers between funds- in Gross transfers between funds- out Other recognised galns I losses Gain5110sse5 tsn investment assets Gains on revaluation, fixed assets, charity's own use Net movèment In funds 3.776 14.6761 I,ioo 12001 4,876 41,574 14,8761 141,5741 7,758 7,758 1301 50,419 114,2361 52.178 50,111 1301 904 41.757 7,758 Total funds brought forward 42,460 148,5051 106.752 100,706 50.595 Total funds carried forward 84,216 147.6021 114.510 151,125 100,706 Poge-28-