| Opening | Closing | ClosingClosingClosing | ClosingClosingClosing | ClosingClosingClosing | ||||
|---|---|---|---|---|---|---|---|---|
| Balance | Balance | BalanceBalanceBatancr | ||||||
| ollot/24 | Receipts | Payments | 3Llt2./24 | 3L/Lzl2337h2122 3t/t2!2L | ||||
| EndowrnentFunds | ||||||||
| Chancel | L014 | 54 | 1128 | 1074 | 984 | 913 | ||
| Churchyard CliveJames |
3607 478 |
!42 24 |
3789 502 |
3647 478 |
3276 436 |
3011 403 |
||
| St HelentsFabric | 3827 | 193 | r$t)20 | 3827 | 3711 | 356r+ | ||
| Sub-Total | 8986 | 454 | 9440 | 8986 | 8408 | 7991 | ||
| Restri€teal Funds | ||||||||
| Bells | 1493 | 75 | 1558 | 1493 | 7447 | 1,429 |
||
| Choir(StE) Choir (StH) CursonLega€y Fabiie(stE) |
223 384 1339 1199 |
11 19 58 61 |
234 403 t&7 1260 |
223 384 1339 1199 |
276 373 1300 1153 |
213 358 7783 11rl8 |
||
| OrganMaintenance MHRichardson Family |
36 9031 |
2 456 |
38 9487 |
35 9031 |
35 8759 |
3s9 8647 |
||
| MLlRkhar4sonStH | Root&Boter | 8633 | 43t | 42.12 | 4rJ7 | 8633 | wrz | a265 |
| cursoii BequestreG | & M Munday | 1054 | 53 | 1107 | 1054 | 1021 | 1008 |
|
| Sub-Total | 21392 | 1181 | 4232 | 2034r | 23392 | 22684 | 22720 | |
| unrestrictedFunds | ||||||||
| Designated | ||||||||
| Bell Fund | 29 | 2 | 31 | 29 | 77 | 27 | ||
| Church Linen(StE) Education Equipment(5tE) Equipment(StH) Fabric [StE) Fabrk(StH) |
190 299 sii 82 3927 v31 |
10 15 75 4 198 36 |
313 768 |
200 o 537 85 4LZ5 o |
190 299 511 82 3927 7tr |
184 zgfj 495 80 3808 709 |
t82 zffi 490 79 3760 700 |
|
| N.ChamberlainfstH) Printer/Copier Muriel Webb(St H) N&lvitko!4chreYouthandChildren |
275 479 1052 41L |
14 24 53 v4 |
L25 | 289 378 1105 495 |
275 479 1052 47L |
2(;6 557 1020 457 |
263 649 1007 1250 |
|
| RRoUSeCommunity/Outreaeh/Piojects | 460 | 23 | It83 | o | 460 | 446 | ||
| RPiesse -GiftforEducation | L226 | 62 | L288 | L226 | ||||
| MHulme -6iftre Mission | t2037 | 13559 | 25596 | LZO37 | 24tS | |||
| JPrfeesa{€ryFundu.rg | 24L57 | L6Xn | 1&I5!I | zSJS[' | ?4757 | |||
| StttetensFt6frGplacementGifrDay2024 | 31893 | 318!'3 | 0 |
St Edmund's Church & St Helen's Church Costessey, Norwich
Annual Report
and
Financial Statement of The Receipts & Payments Account
of the
Parochial Church Council
for the year ending 31st December 2024
Priest in Charge: Revd James Pinto 11 Breydon Drive Old Costessey Norwich
Bank: NatWest Bank PLC 21 Gentleman's Walk Norwich NR2 1NA
Independent Examiner: Mrs M-A Edwards MAE Bookkeeping & Accounts 156 Fakenham Road Briston Melton Constable NR24 2DH
Costessey PCC
Financial Statements for the Year Ended 31st December 2024
Financial Report
Overview
The tower at St Emunds was repaired. The Friends of St Edmunds made a donation of £15,000 towards the cost of repairs.
The roof at St Helens Church was replaced. This was funded by contributions by members of both churches by way of a Gift Day. Donations were also received from Norfolk Churches Trust (£5,000) and Paul Basham Trust (£2,000)
Chairs in St Helens Church Hall were replaced as were the pews in the church. This was funded by Gift Day funds not required for the rooof replacement and also by funds from St Helens refurbishment.
Refurbishment of St Helens continues with the installation of windows in the church hall, the installation of 4 new toilets and the redesign and upgrade of the kitchen.
Stay & Play is going from strength to strength and remains self-sufficient all thanks to Jackie and the team .
Receipts
Total Income for 2024 was £106,232.(2023 £119,497). This is a decline of 11%.
Planned Giving was £44,152 (2023- £47,573) This is a decline of 7%. Gift Aid received £10,712 (2023 - £6,242).
Sundry income comprises amounts received for the sale of pews, kneelers and redundant kitchen equipment.
£29,951 was received in donations and Gift Aid to cover Salary Costs and this was transferred to the Deposit Account. The deposit Account balance at 31/12/24 is £86,401 (2023 £78,304)
There was a Gift Day in April which raised £33,944 to fund the replacement of the roof at St Helens.
The fund for the refurbishment of St Helens stands at £10,231. The receipts shows as a payment as a result of the purchase of chairs this year for which funds were received last year.
During the year £76,869 (2023 £8,755) was spent on St Helens refurbishment. This was fully funded by a donor.
The transfer of funds shows as a payment this year in respect of monies received last year. Over 2024 and 2023 they contra to nil.
Payments
Total expenditure was £134,745 (2023 £93,452)
The parish share request for 2024 was £39,861. This was paid in full.
The parish Share for 2025 is set at £41,160 and the Direct Debit has been increased to £3,430pcm. This will result in Parish Share being paid in full. IT expenditure of £1,719 relates to Church Suite, Quickbooks, Proclaim software, Church Website and Broadband costs. Staff payroll costs were £31,687.
Sundry expenses relate to travel.
St Edmunds
Heat Light and Water expenditure was £2,383. Insurance expenditure was £2,334 (2023 - £1,992).
Maintenance expenditure of £3,596 including £2,097 in respect of tower repairs not covered by the donation received from Friends of St Edmunds.
St Helen's
Heat, Light and Water costs total £5,920.
Insurance expenditure was £1,153. Payments to the cleaner were £1,891. Maintenance expenditure was £47,789. Major items were
Roof Replacement £26,374 . This is net of donations and is covered by the Gift Day. Balance of chairs for church and hall £7,570 covered by Gift Day Hall glazing and timber repairs £6,723. Church roof repairs £3,986. This was prior to the roof replacement and identified the need to replace the roof.
Magazine
Total income for the year is £5,547 (Advertising £2,810 Sales £2,737). Total expenditure £3,748 making a profit of £1,799.
Thanks again to Lynda and Eddie for photos for all their hard work this year in making the Costessey News a success.
Gifts to Mission & Charities.
The following collections were made in the year. Bishop's Lenten Appeal
A monthly gift of £150 is made to Crosslinks to support the Gurtlers in their mission in Moldova. This started in March 2024 and £ 1500 was paid.
This report has been prepared by Graham Gardner.
Costessey PCC
Financial Statements for the Year Ended 31st December 2024
Receipts and Payments Accounts
| Receipts and Payments Accounts | |
|---|---|
| Receipts | General Fund Unrestricted Restricted Total Total Total Total Total General Designated Funds 2024 2023 2022 2021 2020 £ £ £ £ £ £ £ £ |
| Planned Giving Contactless Giving Plate Collectons Donatons Gif Aid Rebate Fees (Gross) Admin Fees Fund Raising Actvites Magazine Adverts Magazine Sales/Misc Hall Letngs Other Fund Raising (book Sales) Social Functons Children & Youth Play & Stay Flowers Sundry Income (formerly Sunday Cofee) Endowment Dividends Bank Interest Legacies/Bequests Grants - CPR Funds towards St Helens Refurbishment Gifs Day Transfer of Funds Sundry FOSE Receipts Billable Expenditure Totals |
44125 44125 47573 24050 19405 18959 459 459 132 229 476 4113 4113 5632 6538 4490 5775 828 828 496 375 857 9054 10712 10712 6242 4801 4901 4526 6523 6523 6245 8070 7726 6936 0 0 323 510 2810 2810 3685 3313 0 1415 2737 2737 2492 1055 0 741 2509 2509 2887 1583 755 169 0 0 330 0 2986 0 0 0 32 426 138 100 0 0 20 120 0 894 894 780 477 0 0 130 544 544 113 243 31 65 0 317 317 312 518 20 152 0 3170 1318 4488 1485 310 300 290 0 0 0 0 0 27272 27272 34757 2841 2250 0 0 0 7960 3098 1000 0 -3165 -3165 11268 0 0 0 33944 33944 22330 23820 0 0 -800 -800 800 1125 0 0 0 0 157 366 19 505 0 0 |
| 106232 30442 1635 0 138309 119497 83878 45474 48687 |
Costessey PCC
ments for the Year Ended 31st December 2024
| Receipts and Payments Accounts Payments |
General Fund Unrestricted Restricted Total Total Total Total Total General Designated Funds 2024 2023 2022 2021 2020 £ £ £ £ £ £ £ £ |
|---|---|
| Parish Share Clergy Expenses Fees to Diocese Church Tithe Clergy Float Church Running Costs |
39861 39861 35000 31500 18000 24000 487 487 588 241 569 2173 3388 3388 3208 4494 5023 5152 1500 1500 0 500 500 641 641 1753 1070 773 0 0 89 3 247 3005 796 3801 1686 434 485 485 714 0 0 28 107 107 124 775 254 1295 1719 1719 1521 123 123 102 683 125 808 681 100 100 100 0 0 100 149 50 0 1398 1398 839 673 296 516 0 0 5740 4902 0 0 21692 2383 2383 1969 2491 1446 1647 3586 3586 3319 20 172 1215 10 10 20 0 10 10 0 0 0 0 273 118 2334 2334 1992 1801 1729 1549 960 960 730 620 790 240 250 250 350 520 439 0 5920 5920 3240 4549 1451 1276 42789 768 4232 47789 12224 2079 5871 665 1891 1891 1700 1413 216 300 742 742 263 114 209 484 1153 1153 820 817 781 697 0 0 117 468 795 795 1009 309 13628 18059 31687 9609 3748 3748 3646 2920 0 541 0 0 245 0 0 0 0 0 0 0 0 0 3151 0 0 559 559 2983 315 1373 |
| Services & Events Worship Resources Resources & Educaton Altar Requisites General Admin IT Costs Mobile Phone Printng Postage and Statonery External Examiner Fees Flowers Subs/Licences CPR Expenses Exp covered by gifs St Edmund's Heat,Light & Water Maintenance Car Park Rent Supplies Insurance Organists Organ/Piano Maint St Helen's Heat,Light & Water Maintenance Caretaker Supplies Insurance Youth and Family Expenses |
|
| Youth Events Play & Stay Expenses Youth Worker Payroll Costs Fund RaisingExpenses |
|
| Magazine Expenses Social Functons Hall Management Transfer of Funds Sundry Totals |
|
| 134745 19748 0 4232 0 158725 93253 89965 39382 43279 |
0
Costessey PCC
Financial Statements for the Year Ended 31st December 2024
Movement within Funds & Balance
| Endowment Funds | 1074 3607 478 3827 Opening Balance 01/01/24 |
Receipts Payments 0 54 0 1128 182 0 3789 24 0 502 193 0 4020 454 0 9440 75 0 1568 11 0 234 19 0 403 68 0 1407 61 0 1260 2 0 38 456 0 9487 436 4232 4837 53 0 1107 0 1181 4232 20341 2 0 31 10 0 200 15 313 0 26 0 537 4 0 86 198 0 4125 36 768 0 14 0 289 24 125 378 53 0 1105 24 0 495 23 483 0 62 0 1288 13659 0 25696 16292 18059 22390 31893 31893 0 0 0 62335 51641 56620 106232 134745 10433 Closing Balance 31/12/24 |
0 0 0 1074 984 913 3607 3276 3011 478 436 403 3827 3711 3664 Closing Balance 31/12/23 Closing Balance 31/12/22 Closing Balance 31/12/21 |
|---|---|---|---|
| Chancel Churchyard Clive James St Helen's Fabric Sub-Total Restricted Funds |
|||
| 8986 1493 223 384 1339 1199 36 9031 8633 1054 0 |
8986 8408 7991 1493 1447 1429 223 216 213 384 373 368 1339 1300 1283 1199 1163 1148 36 35 359 9031 8759 8647 8633 8372 8265 1054 1021 1008 0 0 0 |
||
| Bells Choir (St E) Choir (St H) Curson Legacy Fabric (St E) Organ Maintenance M H Richardson Family M H Richardson St H Roof & Boiler Curson Bequest re G & M Munday Sub-Total Unrestricted Funds Designated |
|||
| 23392 29 190 299 511 82 3927 731 275 479 1052 471 460 1226 12037 24157 |
23392 22684 22720 29 27 27 190 184 182 299 290 286 511 496 490 82 80 79 3927 3808 3760 731 709 700 275 266 263 479 657 649 1052 1020 1007 471 457 1250 460 446 1226 12037 2415 24157 |
||
| Bell Fund Church Linen (St E) Educaton Equipment (St E) Equipment (St H) Fabric (St E) Fabric (St H) N.Chamberlain (St H) Printer/Copier Muriel Webb (St H) N&J Vitkovich re Youth and Children R Rouse Community/Outreach/Projects R Piesse - Gif for Educaton M Hulme - Gif re Mission J Price salary Funding St Helens Roof replacement Gift Day 2024 Sub-Total General Fund Total All Funds Total Funds Represented By |
|||
| 45926 38946 |
45926 10857 8693 38946 44751 19607 |
||
| 117250 | 170202 190619 96833 |
72570 86700 59011 |
|
| unt t |
£ 10433 86400 96833 0 |
||
| Natwest Current Acco CCLA Deposit Accoun |
Approval of Financial Statements.
The 2024 Financial Statements and Balance Sheet were approved at a meeting of the PCC, held on 27/01/2025. Revd James Pinto, Priest in Charge Margaret Proudfoot, Churchwarden
Kevin Payne, Churchwarden
Costessey PCC
Financial Statements for the Year Ended 31st December 2024
Statement of Assets and Liabilities
| Unrestricted | Unrestricted | Restricted | Total | Total | Total | Total | Total | Total | |
|---|---|---|---|---|---|---|---|---|---|
| General | Designated | Funds | 2023 | 2023 | 2022 | 2021 | 2020 | 2019 | |
| £ | £ | £ | £ | £ | £ | £ | £ | £ | |
| Cash Funds: | - | 0 | 50 | 300 | 250 | 250 | |||
| Bank Current Account 10,433 |
- | 10,433 | 38946 | 12702 | 19307 | 15,809 | 11,732 | ||
| Bank Deposit Account | 56,620 | 29,781 | 86,401 | 78304 | 41949 | 39404 | 36,864 | 35,561 | |
| 10,433 | 56,620 | 29,781 | 96,834 | 117240 | 54701 | 59011 | 52,923 | 47,543 | |
| Other MonetaryAssets | |||||||||
| Liabilites | |||||||||
| Charity Donaton to | - | - | 20 | ||||||
| be forwarded. | |||||||||
| Investment Funds Market Value | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |||
| at 30th June 2024 | £ | £ | £ | £ | £ | £ | |||
| Chancel Fund - 126001310S | |||||||||
| 94.92 income shares in the CBF of the | Cof E Investment Fund | 2146 | 2031 | 1961 | 2223 | 1,945 | 1,820 | ||
| Churchyard Fund - 126001195S | |||||||||
| 365 income shares in the CBF of the Cof E Investment Fund | 8491 | 7810 | 7541 | 8548 | 7,478 | 6,997 | |||
| Clive James Memorial Fund - 126001304S | |||||||||
| 45.37 income shares in the CBF of the | Cof E Investment Fund | 1055 | 971 | 937 | 1062 | 930 | 870 |
Independent Examiners Certificate
Report to the trustees/ members of: St Edmund's Church & St Helen's Church 31 December 2024 On accounts for the year ended: Charity no (if any):
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended / / .31 12 24
Responsibilities and basis of report
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or
-
the accounts did not accord with the accounting records; or
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 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 matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
----- Start of picture text -----
Signed: Date: 13 April 2025
Name: Marie-Anne Edwards
Relevant professional
qualification(s) or body
(if any)
Address: 156 Fakenham Road, Briston, Norfolk, NR24 2DH
IER 1 Oct 2018
----- End of picture text -----
Section B
Disclosure
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
----- Start of picture text -----
Give here
brief
details of
any items
that the
examiner
wishes to
disclose
----- End of picture text -----
2
Oct 2018
IER