St Mary the Virgin, Fen Ditton
Annual Financial Report for the year ended 31 December 2024
| Contents | Page No. | ||
|---|---|---|---|
| Church PCC General Account | Receipts | 2 | |
| Payments | 3 | ||
| Statement of Assets | 4 | ||
| Restricted Funds | 5 | ||
| Explanatory Notes | 6 to 7 | ||
| PCC approval | 8 | ||
| Independent Examiner's Report | 9 | ||
| Date of Report | 16 March 2024 | ||
| Treasurer | Dr S C W Hyde | Email: Tr.FDChurch@gmail.com | |
| Highfield House | Tel: 01223 527057 | ||
| 31 High Street, Fen Ditton | |||
| Cambridge CB5 8ST | |||
| Independent Examiner | Mr J F Wong | Email: jeremywong@btconnect.com | |
| 59 Bridle Way | Tel: 01223 840244 | ||
| Grantchester | |||
| Cambridge CB3 9NY | |||
| Bankers | Barclays Bank | CCLA | |
| Leicester | One Angel Lane | ||
| LE87 2BB | London | ||
| EC4R 3AB |
Page 1
PCC General Fund
| PCC General Fund | ||||
|---|---|---|---|---|
| Receipts Notes Giving Planned giving Collection envelopes Standing order 1 Parish Giving Scheme + Stewardship 1 Gift day Collection open Tax recovered Contactless reader Total giving before one-off sums Bequest and donations 2 Total giving Church activities Wedding Funeral Baptism Other Events & fund raise 3 Other Income Grants 4 Transfer in 5 Reimbursement 6 Other Total Receipts |
Unrestricted (£) - 830.00 21,791.07 - 22,621.07 2,996.44 - 1,498.81 27,116.32 3,132.35 30,248.67 216.00 4,344.00 36.00 - 4,596.00 1,610.66 250.00 369.67 4,622.42 - 5,242.09 41,697.42 |
Restricted (£) - - - - - - - - - 100.00 100.00 - - - - - - - - - - - 100.00 |
2024 (£) - 830.00 21,791.07 - 22,621.07 2,996.44 - 1,498.81 27,116.32 3,232.35 30,348.67 216.00 4,344.00 36.00 - 4,596.00 1,610.66 250.00 369.67 4,622.42 - 5,242.09 41,797.42 |
2023 (£) - 995.00 14,995.61 - |
| 15,990.61 4,455.95 - 803.48 |
||||
| 21,250.04 | ||||
| 38,314.89 | ||||
| 59,564.93 | ||||
| 1,809.00 1,581.00 - - |
||||
| 3,390.00 3,551.47 - - 56.66 - |
||||
| 56.66 | ||||
| 66,563.06 |
Page 2
PCC General Fund
| PCC General Fund | |||
|---|---|---|---|
| Payments Notes Ministry costs Parish share 7 Diocese Fee Ministerial expenses Church running expenses Utilities 8 Bank charges Flowers Choir music Organ service Audit/legal Petty Cash Church supplies Music/Organist Insurance Officiating Contactless reader Wifi Other Building maintenance Routine 9 Non-routine 10 Event expenses Memberships Concerts/fairs Printing Other Charitable donations 11 Other Legal and commercial Vestments Transfers out 12 Total Payments Surplus / (Shortfall) for the Year |
Unrestricted (£) 26,132.89 - - 26,132.89 9,957.64 3.96 - - 110.00 - - 595.20 1,575.00 - 180.00 - 288.87 - 12,710.67 - 459.00 459.00 - - - - - - - - 369.67 39,672.23 2,025.19 |
Restricted (£) - - - - - - - - - - - - - 4,193.27 - - - - 4,193.27 2,025.60 14,296.80 16,322.40 - - - - - - - 900.00 - 21,415.67 (21,315.67) |
2024 2023 (£) (£) 26,132.89 25,324.31 - 901.00 - - |
| 26,132.89 26,225.31 9,957.64 1,789.81 3.96 3.96 - - - - 110.00 - - 270.00 - - 595.20 359.94 1,575.00 1,040.00 4,193.27 4,135.09 180.00 30.00 - 21.00 288.87 211.56 - 67.88 |
|||
| 16,903.94 7,929.24 2,025.60 833.62 14,755.80 - |
|||
| 16,781.40 833.62 - - - - - - - - |
|||
| - - - 50.00 - - 900.00 - 369.67 - |
|||
| 61,087.90 35,038.17 |
|||
| (19,290.48) 31,524.89 |
Page 3
| PCC General Fund Statement of Assets Monetary Assets Current account CCLA deposit account Non-monetary Assets Reconciliation Current account at 1 Jan 24 Excess of receipts over payments Current account at 31 Dec 24 CCLA deposit account at 1 Jan 24 Plus interest on deposit account Plus transfers from current account Less transfers into current account Deposit account at 31 Dec 24 |
Unrestricted (£) 52,485.18 |
Restricted (£) 80,772.85 |
As 31 December 2024 2023 (£) (£) 89,274.99 108,565.47 43,983.04 41,766.16 |
|---|---|---|---|
| 133,258.03 150,331.63 Nil Nil 108,565.47 (19,290.48) 89,274.99 41,766.16 2,216.88 - - 43,983.04 |
Page 4
PCC General Fund
Restricted Funds
| Fabric of church Choir Music Leprosy mission Flowers Vestments Insurance Gates and path Reordering of the Church Heating |
At 1 Jan 24 56,537.20 1,038.74 - 306.02 254.56 1,760.30 4,953.43 7,596.39 24,641.88 5,000.00 102,088.52 |
Payments 16,322.40 - - - - 900.00 4,193.27 - - - 21,415.67 |
Receipts 100.00 - - - - - - - - - 100.00 |
At 31 Dec 24 40,314.80 1,038.74 - 306.02 254.56 860.30 760.16 7,596.39 24,641.88 5,000.00 |
|---|---|---|---|---|
| 80,772.85 |
Page 5
PCC General Fund
Explanatory Notes
Note
| Note 1 Planning Giving Number of standing orders Number in the Parish Giving Scheme and Stewardship Note 2 Bequests and Donations Unrestricted Restricted (£) (£) Stichting HvL donation 2,494.00 - Donation for fabric - 100.00 Other donations 638.35 3,132.35 100.00 Note 3 Events and Fund Raising Concerts Dragon boat racing Bumps teas Fairs Easter card sale 5p 200 Club Open church Easyfundraising Other Note 4 Grants Grant from Church Schools Note 5 Transfer in Mistaken deposits from Teversham SumUp account, and later refunded see note 12 Note 6 Reimbursement Ely parish share rebate Insurance reclaim Reimbursement for wine from All Saints Tev |
As 2024 6 15 2024 (£) 2,494.00 100.00 638.35 3,232.35 - - 130.00 - - 50.10 1,235.00 118.42 - 77.14 1,610.66 250.00 250.00 369.67 369.67 686.42 3,926.00 10.00 4,622.42 |
31 December 2023 6 15 2023 (£) |
|---|---|---|
| 38,314.89 997.00 62.10 299.99 875.27 80.00 - 1,100.00 - 15.13 121.98 |
||
| 3,551.47 - |
||
| - - |
||
| - - - - |
||
| 56.66 |
Page 6
PCC General Fund
Explanatory Notes Cont.
| Note Note 7 Parish Share Parish Share paid in 2023 (due: £24892.60) Parish Share paid in 2024: (due: £26132.89) Total Parish Share paid Note 8 Utilities A significant catch-up charge of £5,877.59 was incurred due to a previous billing Note 9 Building Maintenance Routine Alarm annual fee Alarm service Heater service Electrical testing Lightning conductor test Fire extinguishers Note 10 Building Maintenance Non-Routine Electrical repairs in bell tower Roof flashing repair Nave plasterwork repair Scaffold alarm installation for roof repair Architect for services for Nave repair Alarm removal after scaffolding Trial heater installation to coffee area Note 11 Charitable Donations Note that the 2024 RBL donation occurred after the year end Note 12 Transfers out Refund of mistaken deposits from Teversham SumUp account (see note 5) |
2024 2023 (£) (£) 25,324.31 26,132.89 26,132.89 25,324.31 failure for electricity usage. - 237.60 477.60 509.40 1,218.00 - 150.00 - 180.00 - - 86.62 2,025.60 833.62 316.80 212.40 11,184.00 1,152.00 459.00 747.60 684.00 - 14,755.80 - 50.00 - 50.00 369.67 - 369.67 - |
2023 (£) 25,324.31 |
|---|---|---|
| 833.62 - |
||
| - 50.00 |
||
| 50.00 - |
||
| - |
Page 7
PCC Approval
Approved by Fen Ditton Parochial Church Council:
The Revd Canon Nick Moir, Rector 1st May 2025
Page 8
Independent Examiner's Report to the Parochial Church Council of St Mary the VIrn Fen Ditton. I reporton the account5 forthe year ended 31st December 2024. which are set out on pages I to 7. Respective responslbllltffies of the Trustees and Independent Examiner As tnjstees ofthe charity, the members ofthe PCC are responsible for the preparation of the accounts. They consider that an audit is not required for this year under section 144{2] of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It Is my responsibility to examine the accounts under sertion 145 of the 2011 Actr. follow the procedures laid down in the General Directions given by the Charity Commissioners section 145[5)[b) of the 2011 Act,. and state whether particular matters have come to my attention. Basis of Independent Examiner's Ststement My examination was rrIed out in accordance with the Gener3] Directions give by the Charity Cotnmission. An examination includes a review of the aecounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosure5 in the accounts. and seeking explanatlOll5 from the man3gement committee concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in a full audit. and consequently I do not express an audit opinion on the accounts. Independent Exarnlner's Statement In connection with my examination, no matters have come to my attention which give me reasonable cause to believe that in any materia] respert the requirements a. to keep accounting records in accordance with s.130 of the 2011 Act: or b. to prepare accounts which accord with these accounting records have not been met. or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reathed. Mrl F Won& 59 Bridle Way, Grdlltchester, Cambridge. CB3 9NY 29 April 2025