**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