St Oswin's Church, Wylam onlandt nechurches.com Registered Charity No. 1187983 Annual Report and Financial Statements of the Parochial Church Council for the year ended 31 December 2024 Parish Vicar.. Revd Tom Birch Bank: Barclays Bank UK PIC Leicester LE27 2BB Independent Examiner: Ms Beth Ramsden
R•for•n¢• and admlnlstratlve InfomiatSon lam St Oswin's Church is situated on Church Road adjacent to the centre ol Ihe village of Wylam Northumberland. It is part ol the Deanery of Corbridge and the Diocese of Newcastle-upon-Tyne. Correspondence for the PCC may be addressed to The Vicarage, Church Road, wYm. NE41 8AT. Members of the PCC ale either ex-officio or elected by the Annual Parochial Chur¢h meeting IAPCMI, together th co-options, in accordance with the Church Representation Rules. The following served as members of the PCC from 1st January 2024 until the date shown (The trustee3)'. Incumbent Revd Tom Birch, Vicar (Chairman) Warden8'. Mrs Enikeye Gosling Representatives on Deanery Syn¢d18 PCC Member51.' Mr Peter Tayler Prof Lesley Twomey Isecretsryl Other Members.. Mr Andrew Major Mrs Judy Marr Mrs Fiona Oomes Revd Angus Palmer Mr$ Janet Palmer Mrs Robin Piette Mrs Jane Teasd8le (Treasurer) Structure> govgrnance and management The Parochial Church Council is a corporate body established by the Church of England. The PCC operates under and is governed by The Parochial Church Councils (Powers) Measure 1956 as amended. IThis défines the principal function, or purpose, of the PCG as'promoting in the parish the whole mission ol the Church l. It is also subject lo The Church Representation Rules lcontsined in schedu 3 to the Synodical Govemmenl Measure 1969 as amended). With effect from 14th February 2020 the PCC is now registered with the Charity Commissitin (No. 11879831. IndNiduals when completing their sell-assessmenl lax return may nominate Wylam Sl Oswn's PCC under reference AAG59JG to receive any refvnd. This is in addition to the Gift Aid scheme. The mathod uf appointment to the PCC is set out in the Church Representation Rules. It is an important policy that all church communicants lovèr 16 years) refleth'ng the diversity of the congregation are encouraged to register on the Electoral Roll and may then stand for ele¢tion lo the PCC. Cornmittees.. The PCC operates through a number of committees that meet befven lull meetings of the PCC. Stsnding Committee.. This is the only committee qUired by law. It has the power to transact the business of the PCC between ils meeling$ subject lo any directions given by the Council. Meets on a regular basis. Arranges lo visit those in need and the adminislralion of Home Communion. Church Hall Management Committee.. Meets on as qUired basis and generally includes Wardens, Treasurer, Incumbent, Jane Teasdale and John Teasdale (co-opted to committee for career experience in Propetyl Parish Prayerlcare Committee.. Safeguardlng Enikeye Gosling is our Parish Safeguarding Officer IPSOI. A link to ciur safeguarding poli¢y and the DKJcesan training provided can be f¢und on our website onlandt nechurches.comlsale uardin -tr2inin
ActlvltFes - St. Oswin's PCC has the responsibility of c<>-operaling with the incumbent, Reverend Tom Birch in promoting in the e¢¢lesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. 11 also has mainlenan¢e re$ponsibililie$ for the Church, the Church Hall and the Church grounds. Reverend Birch has responsibilities for 3 churches-st Oswin's, St Mary's Ovingham and St Andrews Heddon wlh additional links with Sl Mary the Virgin, Slamfordham and Holy Trinity. Maffen. St Qswin's has services on 1 Pt 2nd and 4th Sundays al 10 am all of which are Parish Communion Service5 except for every $e¢ond Sunday which is led by a lay member of the congregats'on. Every first and fourth wèek the 5eNices are livestreamed lo a virtual congregation averaging 5. In addition, there is a BCP Sunday service al 8am on 2M 3rd and 4th Sundays and a weekly BCP Communion Service al 9.30am every Thursday. On thè 3rd Sunday, we have an 'Open House, seNice in the Hall at 4pm to attract families and those that wish lo try a different kind of worship in a more relaxed setting. St Oswn's is also an active member of Wylam and District Churches. As such. we cooperate on key events in the church calendar and ensure the congregations at Easter, Christmas and Remembrance Sunday are combined in their worship. We led a village carol service this year at Charfie's Corner wrth over 100 attending with k)ts of interaction and hol chocolate available. Our thanks lo Peter Tayler for his organisalion. St Oswin's encourages charltsbl& giving to the wder community and has raised £4,556 this year wth refreshed list of charities and collections al the 9 funerals we have had in 2024. A conlacuess terminal was installed in January 2023 to meet the needs of those that do not have cash on Sundays or at events,. £841 has been raised using this in 2024. VW)in our parish Community, the annual Jump for Joy event raised a net figure of £1,340 in May for St Oswin's youth work (not included in above charitable giving lotsll. Thank you to the many that continue to assist at Jump for Joy including the UnifornRd Organisalions. Fabric R•port - This year, regular mainlenanee has tsken place at the Church and Hall - alarm. fire extinguishers and various repairs. Our thanks to John Teasdale for his leèdètship In this area. The workings of the clock have been restored following a long period of its malfunctioning and then cessation, the clock restsrted in August 2023 thanks lo a Wylam Parish Council grant.11 was noted that rther repairs were required in September 2023 when the quarter and haw hour Chimes ceased, this was scheduled for 2024 and indeed has been completed. Regarding electricity al the Hall, a working group has been considering PV panels and the decisions lo ere 19 panels was made In 2024. The panels have now been installed in January 2025 and we benefit from the generated power immediately. Registrab"on is underway to benefft from energy sold to the grid. The gas boiler in the Church is now al lea$1 15 years old and il is unlikely a new gas-powered system wll be pemiitted by the diocese. Remote héatin9 management via 'Hive' has been instslled in the Hall and Church. Our thanks to the rola of cleaning volunteers who quietly ensure our Church remains spotless for the Congregation and visitors alike. There remains some capaaty for new lettings ofthe Hall, aMhou9h it is very well use(1 by our a$so¢ialed unrfomied organisations and community groups - keep fit, yoga, karate ele. Renlal rates have been addressed with all hirers in 2024 and this will assist in balancing out the hikes in electricity and gas vthi¢h have virtually doubled this year. Ourlhanks lo Hanna Udovenko who manages our busy sthedule of Hall bookings ancj payments. Work to the tower steps to improve safety and reduce risk remains pendbng as we search for a Suitable stonemason. Gard•n and Grounds- The Church garden ¢onb"nues to be like the Forth Road Bridge- the work is never finishedl The last twelve months have been challenging. Parts of the summer were very hot and dry (not that the weeds minded}, and it feels like il has rained for the re$t of the lime (not that the weeds mindedl. conseqLkently I have not done as much as in prevtous years. I want to thank the "Grass Cutters. bvho regularly cul the gra$$ which goes a long way to making our grounds look so nice. And a big thank you to everyone else who helps in thè garden. {Jane Teasdale) Moth•rs' UnÈon - The Sl Oswin'$ MU Branch currently has 13 members who collectNely organise meetsngs and manage the group. meeting monthly either in church or member's homes. A successful
Afternoon Tea was held last July which raised funds for MU work at home and overseas, and MU members ntrIbUte in a variety of ways in support of the life of St. Oswin's. IKaren Webster) 8911 Rlng9rs RoPOrt- During the year, in addftion to regular Sunday service ringing, the bell ringers have marked several special occasions." Rang for one wedding., Rang for the funeral of Ted Gordon on 9th May.. Rang 4 quarter peals to celebrate Sl Oswin's Day.. 60th Anniversary of the ordination of Rèv Angus Palmer", 17th Birthday of Isaac Cairns and Remembrance Day Ihalf muffled) Additionally, we hosted visits from 2 visiting bands, including one Ihal rang a quarter peal. IKevSn Webslerl Treasurerfs Report - 2024 total revenues (Hall and General Account combined) were £87,673 wth £80,332 of cost5 netting a surplus of £7,341. Planned Giving remains the vital source of our income and in 2024 this declined by £6,579 or 12.4Ok. We now have 54 regular donors to the Chur¢h, having lost S donors in 2024. We have undertaken a drive to migrate people on to the Parish Giving Scheme ith some success 15 donors now give this way) - which enables inflation proofing and streamlines cashflow; we have added lo revenues by getting a contactless terminal al the back of church and are ay$ happy lo sign up new donors. My thanks to Karen Webster who continues to keep our Gift Aid maximised and In order. The Church has been busy wf(h 10 funeral$ (including ashes burials and cremation services} and 1 wedding which show in the fees received sedlon, Income from Trusts also roge 3$ the markets have further improved this year and the Hedley charities income has been redirected into our main bank a¢¢ount to support the costs of our {paid forl mowng serv*e$ around the Church Hall (Garden Fund) Parish Share has been paid in full this year at £51,000 and after considerable deliberation we have agieed to increase this in 2025 to £55,000. This will likely involve drwng down on one of our fund reserves which is less than ideal. These funds have either remained stslic (Organ and Flowerl., increased (Bells and Youth Fund} or decreased with capital expenditure 18St year (Clock'5 partial repair from the Legacy part of the Church Building Fund). We have transferred a further £5,000 to the Reserves fund from the Hall Trading a¢v1. We now believe this fvnd to be adequate in case of any unforeseen issues. Outlook for 2025 ¢ffers no reason lo be overly confident. We ¥MII have in¢ase5 in utility $t$ (full year) and the idea of needing lo find 3 new healing solution in the church as our boiler gets older remains present but so far it has not proved necessary. However. we ntinUe to benefit from our Hall revenue generation and this made a surplus of £1,293 last year1£2,835 20231 and remains available for more lettings. We expect Hall rentsl increases to feed through this next full year and are excrted about the impact the panels (installed in January) wll have in reducing our electricity bills and can look at the feasibility of linking the church to the batteries in the Hall as we will be generating enough lo power both buildings. This wll be something that will assist rf our nexi healing solukn.on in Church will be powered by electricity. It should be noted that increases in utility Costs are the only reason our surplus from the Hall is reduced in 2024. 2025 is also our Quinquennial year which we will need to pay for from the Church Buil(ling Fund. Thi8 will involve a structural survey of the Church fabric by a suitably qualified professional to be appointed in conjunction wth Diocesan Advisory Committee. We pray no expensive surpnses wll emerge from this inspectionl My thanks lo all of you for your continued support to both St Oswin's and to myself as I sign off my second year as Treasurer. (Andrew Major)
RoportforAPCM2025 Open tho Book continued during2024-25 with . 10 members providing theatric81 interpretations of Bible stories to 2 local First Schools, each with c150 pupils attending. The group meets and performs monthly during school term time. In September 2024 the Team started to use the nevw Children's Storyteller Bible and Handbook which were available to all who signed up for a ye&r's full membership of Open the Book. David Featonby and David Atkinson attended an "Air and Share" meeting in Alnwick one 8fternoon in February. The event was well attended and provided a good opportunity to network. We 8re gr8teful to Enie Gossling for processing the fe8m's DBS re-8ppIic8rions. Lay led Servl¢es held on the W. Sunday of every month provides a variety of worship styles and themes with thoughtful and well-cr8fted present8tions. Attend8nce varies from 75- 30 dependingon the rime ofthe yearandwe8therconditions. We Sre extremely gr8teful to those who lead, playthe piano, read 8nd provide ourint8rcessions. Orders of SeNice are archived should 8nyone wish to view them. OurW8rm Hubis now in its 3rdyear 8nd is attended byan 8ver8ge of25 people. It is hosted at St Oswin's Church H811 from November until Morch and is open to people from Wy18m and surrounding villages. Following the de8th of Rosemary Cook, Judy Marr h8S taken over as the coordinator. Judy manages 8 group of volunteers to ensure its continu8nce each Monday during the winter. People enjoy each other's company. get involved in a variety of activities and enjoy 8 soup lunch. This year we have had the good fortune to have a guided medit8tion session. 8 C8nny Christm8s C8n8pes event. a tslk about Book Binding and we are ending the year with 8 party8tmosphere. bolstered bythe appeargnce ofthe-fhe Whistle Testers"a three-man bandp18yingsongs from the 60's and 70's. Thé Wildllower Gardon. est8blished by the late Rosem8ry Cook, has provided 8 great de81 of ple8sure for people walking through the grounds as well as for those who have taken advantage of the seating. We thank Ken John and Melanie Butler for takingoverits maintenance. Rosemarymust have had an inkling th8t. duringthe Christm8s period, the garden w8S 8n ide81 setting for our N8tivity silhouettes which gave 8 gr88t deal of joy to m8nyof our visitors. CoordinatedbyLesley Twomey, St Oswin's is developingiinks with the "Chrysalls Club" the group which meets in the Church H811 every 8nd 41h Tuesday 8fternoon of the
month to support those with dementla 81ong with their families and friends. A SertyiGe which would provide access for Chrys81is members is being planned for the 3r0 Sunday in May as part of our Open House worship. Advice from the Chrysalis Club te8m will ensure th8t the worship and activities will be designed to provide 8 S8fe and supportive environment for the people in their care. On the Sunday of October 2024 Angus 8nd Janet Palmer facilitated 8 service of -songs of Praise" The Hymns were selectedby ourchurch Slngers with an expl8n8tion as to why they were chosen. It was a very enjoyable occ8sion. Tho Wylam Christmas Model continued this year but in 8 more downbeat fashion. For a variety of reasons, it wBsn't possible to erect the base of the model, $0 instead individual models were placed on our church window ledges for 811 to enjoy during the Christmas fortnight. It Was publicisedas "Aspects of Wylam- and as well 8s being enjoyed by our congregation. a good number of visitors to our church expressed their apprecistion for the ettort. (Did 8nyone spot the 8ddition of the Bistro?) This project VW8S the result of the "We can make it happen" initi8tive and as such w8s intended to involve members of our village community as well as the congregation in its d8velopm8nt. Sadly. this has not materialised so discussions will be t8king place to investigate ways in which we can further eng8ge the people ofour vi118ge ro take part. Lessons are being le8rned8S to how we can reach out to our wider communityto help them experience church in 8 novel w8y. COME AND SÉE ASPECTS OF¥*YLAII" . [! Following the outstanding success of the E8Ster Egg Decorating Workshop it was decided to have something similgr near Christm8S. On 241h November 2024. 8 -christmas Decoratlon Workshop- w8S held in our Church H811. Attendedby8round fifty or so adults and children the 8fternoon W8S 8 smash. The activities were many and V8ried 8nd 8ppe81ed to young 8nd old 81ike. Indeed. two elderly members of our congregation painted a large c8rdbo8rd Christmas tree vwhich vvas later decorated at an Open House Service and placed by the font in church. After a sumptuous tea prep8red by Karen Webster and Peter Tayler. was wolfed down everyone collected their newly made decor8tions and left to go home. The smiles and laughterin conjunction with the positive feedb8ckhas encouraged the organisers to arrange a pe8tewenttiS year. Our thanks to the st8ff in Stobo's who helped to distribute the free tickets.
Another m8nifestation of "We can make it happen" Ivas the arrivsl of "The Well" coordinated by Rev'd Lynne Dean. This was an all-Bge service on the Sunday fternoon of the month. After a re8son3ble beginningit struggled to gain support and 85 Lynne w8s leaving to take up her new post it was decided to rethink the content 8nd form8t ré8dy to pick up £gfter the summer holidays of 2024. In Septernber of thatyear Rev'd Tom Birch took on the role of coordinator and with the new name "Open Hous&" h8S offered a rel8xed form of worship which includes prayers, hymns and reaLlings with the addition of a variety of interactive 8Ctivities providing opportunities to socialise and be creative. It is early days to judge its success but cert8inly there is a strongsense ofcommunity, an opportunityto develop our faith and a chance to revit81ise. The tea and cake are gr&atly appreciated. Inspirecl by the work of St Andrew's Corbridge April Stepherpson h8s promoted the ide8 of a "Welcome to St Oswin's" leaflet. Ideally and in 8n upbe8t Way. It would Contain information about life st St Oswin's including times of seryices, contacts and 8Ctivities. These leaflets wouldbe heldbymembers of the congreg8tlDn who couldin turn give them to people new to our vi118ge. An exemplar h8s gone to the PCC for discussion and possible further development. DavidAtkinson 18.02.25
Financial Review A full review is contained in the treasurer's rftport. The Trustees consider the level of reserves at £30,000 to be adequate, given the overall financial position of the ChUh. The financial performance of Wylam Sl Oswn Parochial Church C()unGiI for the year and its financial pos"rtion al the end of the year is also considered satisfactory noting the surplus olthe general ¢hurch fund £6,048 and a smaller hall trading surplus for 2024 of £1,293. 11 is recognised that in 2025 we wll have significant costs foT the Solar Panels and the Quinquennial inspectlon of the Church bul rewni$ethal our funds aTe currently adequate. The position indicated for 2024 is fijlly coverèd by the General Fund standing al £16,961 as at year end wth the Church Hall I'Trading'l A¢Ut at £6.583 intended to Cover any remainng shortfall given 81aled increases in Utilities and Parish Share. Statement of Responsibilities of tbe Trnstees of Wylam St 08win Parochial Churclk Councll The trustèes are responsible for preparing the Trustees, Annual reportand the linaneAal ststements in accordan¢e with applicable law and Unrted lfjngdom Accounting Standards Iunlled Kingdom Generally Accepted Accountlng Practlce). The Law applicable lo Charities in England requires the Irystees to prepare financial 5tstemenls for each financial year which give a true and fair view of the slate of the affairs of the charity and of the incoming resources and application of resources of the charity for that peTiod. Irs preparing these financial statements the trustees are required to.. &) select suitable accounting policies and then apply them ¢onsistendy', bl observe the methods anrj principles in the Charities SORP., c} make judgements and estimates that are aSOnable and prudent., d) stsle whether applicable accounting 5tsndards have been followed, subject to any material departures disclosed and explained In the ffnancial stalernents., e) prepare the financsal slalemen15 on the going rncern basis unless it is inappropriate to assume that the charity will continue in business Thè trustees are re$ponsible for keeping proper accounting records which disclose with reasonable accuracy, al any time. the financial position of the charity and enable them to ensure that the financial slalements comply the Charities Act 2011, the Charity (Accounts and Reports} Regulation5 2008, the Church Accounting Regulations, 2006 edition, issued by the Finan Division of the Archbishops, Council and the provisions of the trust deed. They are a150 responsible for safeguarding the assets of th& chartty and hence lor taking reasonable steps for the prevention and detection of fraud or other irregularities. DeclarAtion The trustees dedare that they have apprtrved the trustees, report above Signed on behalf of the charity's trustees. Signed Full Name.. Full Name.... Dated..... iil•rlz.r.. .
Indopgndgnt Examinerfs Report to the Trustses of Wylam St 08vln Parochial Church Qouncll I report to the Trustee8 on my examination of thè accounts of Wylam St 08wln Parochral Church Counpil {the Trust) for the year ended 31 December 2024. Respon81bllltlès and basis of r9POrt As the charity trustees of the Trust, you are responslble for the pr8paration of the accounts.in accordanGe th th¢ requlremenls tsfthe Charities 2011 (the Acti. I report In respect of My examination of the Twst's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed dl the appllcabb Dlfectiong given by the Charlty Commlssion under section 145(5llb) of the 2011 ACL Indepgndont examiner's $tstem6nt I have completed my examination. I confirni thal'no matèrfal matters have come lo my attention in connection wtth the examination giving me cause to believe that in any material respect accounting records were not kept In respect of the Trust as iequlred by seciion 130 of the Act; oi 2. the a¢¢ounls do not accord with those records I have no concerns and have come across no matters in Gonnectlon wth the exaMInaon lo vthi¢h attention should be drawn in this report in order ttr enable a proper underslandlng of Ihe accounts to be reached. Islgnedl Ms Beth Rarnsden FCCA 13 Mareh 2025 Date.......
Wylam St. Oswin's Parochial Church Council Income and Exp8ndlture Account for the year ended 31st Deoamber 2024 2024 2023 General Fund INCOMING RESOURCES In¢omlng resourc#s from generated funds Voluntary Inoomo P5anned Givlng Income tax recovered Collections excl Charity plate Sundry donauons inGI GA envelopes WPC Clock Grant TCF Grant for Solar Panels J4J {s&e Youth Fund 2024) WDC Contribution LPW Vat Reclaim 36,379 10,154 3,057 105 39,427 13,705 4,107 5,125 2,450 10,000 1,424 3,SOO 683 841 60,538 70,421 Actlvlties for generatlng funds Clergy Gift Collections Hlre of church (donations) 1,898 100 100 1,998 100 Investment Incom• Income from trusts 4,677 4,677 Total incoming resources from generated funds 69,478 75,198 Incomlng resour¢frs from charltsble actlvltle8 Fees Contributions for use of photocopler Other parlshes clergy contributions Sundry income (coffee etcl 4,483 521 4,297 617 5,314 3,989 431 9,918 9.734 Totsl Incomlng r•$ourcès caled forward 79,396 4,932
Wylam SL 08win's Parochial Church Council Income and Expenditure Account loontinuedl for the ye8r ended 31st Decernber 2024 2024 2023 Total Incoming resourc•$ brought forward RESOURCES EXPENDED Expendlture on charftsble octivitl08 Joint Churches Youth Worker Ipald for 6 months but funded from WDC) Balance of Youth Worker fvnding back to YoLth Fund Transfer of J4J proceeds to WDC Wylam Magical Christrnas Clergy Gifts IDean and Palmer) Funfjraislng Expg (Sumupl 79,3 84,932 2,653 1,511 154 1,898 151 760 2,203 6,237 Govemance costs Church activities The Church's ministy Parish share Costs of services incl Diocesan fees Open the Book Membership Clergy Working expenses lind Houslngl 51,000 2,491 47.940 2,696 5.435 5,559 59,106 56,195 The Church and services Coffee & Bookstall Heal, light, water, cleaning Church Use of Hall- nomin81 transfer Insurance Maintenance and minor repairs Planning Fees (Hall Build5ng Fund) Organlst 65 2,146 1,000 3,069 2,452 3,228 2,605 2,270 9,722 11,002 Other expenditure Grounds maintenance Clock Repair {Legacy Fund) Administration & management Printin9, telephone, stationery & postage Incl new printer and laptop 2,940 2,317 4,159 2,317 4,159 Total rw6ourc•s exponded 73.348 77,59 SurpSus l Deflclt for tho yoar Bank account al 01.01.2024 Nomlnal 8alanGo at 31.112024 6,048 10,793 1S,841 TRnsfer from Vicaes discretionary ftAnd 120 General Fund Balance 16.961
Yyyiaiii v4. Income and Expendhuie Acrx*unts for the year 6nded 31st D8Mbar 2024 2024 2023 Church 8uildlng Fund- R1clod Fund In(x)mé Bells provlsion Legaoy Don8dons Planned Giving Exp8ndilure Clodi rspair p•r legaGy Genoral Fund 8811$ Surplusl D&fi¢it forthe ye•r Bank deposit and rrent acrUnts ot 1.01.2024 Bank balan¢es at 31.12.2024 Breakdown of Church Bullding Fund Legacies fund balanoe Bells rèpaSr fund General Church building ftjnd 181 203 322 1.010 1,394 322 2.856 137 2,993 1,S99 21,574 19,975 406 406 21,658 21.574 10,210 2,806 6,959 13.068 2,559 5,949 all Bull Incom8 Donations l Grant8 Ing Fun - Restricts Fun 1,355 1.355 Expendllure Other bulldlng work & purchasos Fe&s 1,425 11,4251 18,955 17,530 1,355 Surplus for thg yoar Bank balances al 01.01.2024 Bank balances al 31.12.2024 rgan Scholar und Incom8 Donatlons 18,955 18.955 Expendf(ure Organisttraining Deflcitfor the year Bank balance al 01.01.2024 Bank balance at 31.12.2024 1,530 1,530 1.s30
Wylam St. Oswin's Parochial Church Counal Income and Expèndthrn AorLsunts for the year 8nd8d 31st Dgcember 2024 2024 2023 Flower & Church Grounds Fund- Restrbcted Fund Income Donations pendituro Purchase of flowers & upkeep of grounds Surplus for th• year Bank balance al 01.01.2024 Bank balan¢e at 31.12.2024 110 110 744 634 744 744 Youth Fund (St Oswin'sl - RtrIcted Fund Income Jump for Joy Expenditure Jump for Joy Surplus for the yoar 2,572 1,232 1.340 Bank balance at 01.01.2024 Bank ba18nce at 31.12.2024 932 932 2,272 932 Vl¢arfs Dlscrotlonary Fund- IRestri¢tsd Endow•d Fund) Incom¢ Investment Incomg 553 545 Expenditure Audttor and Clergy Gifts and Training day TFR to General Fund -120 120 {120) 425 Surplu$ for th$ year Bank balance al 01.01.2024 313 3,994 3,569 8ank balanco 3131.12.2024 4,307 3.994 ¢harlti88 Fund- R¢strlctfrd Fund Income colltionS Expendlture Charttable giving Bank ba18n 01.01.2024 Bank bal8noe at 31.12.2024 4.556 8.959 14,5561 {6,959)
Wylam St. Oswin's Parochial Church Council Income and EwendibJr8 A)uIts for thè year ended 31st Dmber2D24 2024 2023 Church Hall A¢count- Rostrl¢tsd Fund Incc¥ne Hlro of church hall Conlributions'._ communty hall use Community Action Warm Hub Grant Church use of hall- nomlnal transfer Bank Interest 7,377 7.310 327 1,000 8.277 8.637 EK)enditure Hall runnin9 expenses Hall Insurance Hall deaner Hall malntenance and repairs inc H&S inspeciitin 3,307 1,076 1,985 616 1.894 1.024 1,945 939 {6,984) 15.8021 Svrplu¥ for the year 1,293 2,835 Bank balance at 1.1.2024 10.290 22,455 Transfèrto Reserves -5,000 .15000 Bank balance al 31.12.2024 6,583 10,290 Gardon Fund- Ro$trlctsd Fund In&)m8 Willlam Hedley Charities Donation 755 2.176 Expendire 11,0301 11.5381 Surplus forthe year Bank balance al 1.1.2024 275 638 869 231 Bank balance at 31.12.2024 594 869
Charities 2024 2024 4,555.74 6,958.65 Amolmt 953.03 467.63 401.50 322.50 2023 Charlties Account Name Christian Aid Cooke Funer21- MDUK West Northumberland Food Bank Buckle Funeral- CR UK West End Refugee Servi( Royal British Legion MAF-214111 The Children's Society United Society for the Propagation of the Gospel Practical Gompassion for Destilule Childrèn Operation Noah FlelGher Funeral- AMMF Cholangiocarcinoma Chevbot Leaming Trusl- Ovingham COE SchoDI Bible Society Green Funeral- Chrysalis Sl Peters Mogoditshane Tynedale Hospice at Home Mission to Sèafarers Mothers Union Church Urban Fund Oswin Project 275.24 257.00 256.53 225.90 151_00 149.55 124.50 I.00 98.20 93.00 86.00 66.00 83.00 81.50 54.66 48.00 4,555.74 12
Wylam St. Oswin's Parochial Church Council Notes lo the Financial Statement for the year ended 31st De¢ember 2024 The investments recorded in the statement of assets and liabilities are as follows.. M*kel value 2024 Marttel value 2023 General Fund Reserves 2Q24 Surplus to restore Reserves Transfer from Hall Trading Account Balance blfwd CBF Deposrt Fund 15,000 5.000 25,000 10,000 Reserves were spent on the capital costs of hall refvrbishmenls in 2016. We have added funds lo this and and now consider this arnounl lo be adequate as il equates to over 12 rnonlh$ ¢osts16xd. Parish Sharè) for the Hall and Church 2024 costs were £29,332 annually. 179T Wylam." Blackett Bequest (Trust Fund) under the trusteeship of tho Newcastle Diocesan So¢l8ty 2,915.62 CBF Investment Fund Units ,41 ,90 The purchase st of these investrnents was £8,469. The Blackett Trust Fund is An expendable endowment fund. The Sncome is accounted for in the genèral fuNd 2024 £1,830.. 2023 £2,226. The capital is available in an emergency al the discretion of the Trustees (Diocesan Society), Income is available for dsaritable and ecclesiastical purposes in the parish. IExlra¢i from Trust documenti 179T Wylam vIS Discrotionary Fund 882 CBF Investment Fund Units 20,3 The purchasa cost ofthis investment was £1,000. Tha capit81 is pemianent. The income is available lo th8 Incumbent at their sole discrglion for general ¢h8ritsbl8 purposes in the parish. The incotne w8s £553 {2023 £5451 (Extract from Trust documenll The William Hedley Repair Fund is a separate r[stered Gharity under thè trusl8eship of the PCC Treasuier and two other trustees. During 2024 this charity provlded £755 01 income and was sel against the £1.030 maintenance costs of the church and hall grounds co$1 that would have been borne by the PGC. 13
RESTRICTED FUNDS 21)24 Bells bff Income Expenditure 2.559 137 2,806 Oryan Scholar blf Income Income 1,530 Church Bulldlng blf Income Exp8nditure 5,949 1,010 L0ga¢les 13,C66 Bells bn Income Expenditu- 2,559 2,85e 10,210 137 2.806 59 6,959 10,210 2,806 19,975 Hall Bulldlng bff Income Expenditure 18,955 1,425 17,5 Flowers & Grounds blf Income Expenditu 744 744 Youth Fund bff Income Expendrture 932 2,572 1,233 2,271 Church Hall Tradlng bff In¢ome Exp8nditure 10,290 8,277 11,984 6,583 Gardon Fund blf Income ExpendIre 870 755 -1,030 595