Annual Report and Financial Statements of the Parochial Church Council of The Parish of Drayton Bassett, Fazeley & Mile Oak Charity Registration no. 1191092 For the year ended 31st December 2024 Page I
DIOCESE OF LICHFIELD Come follow Christ in the footsteps of St Chad The Parochial Church Council of The Parish of Drayton Bassett, Fazeley & Mile Oak- Charltv Registration no. 1191092 Trustees, Annual Report for the year ended 31 December 2024 st Ob-ectivès and Activities The Parochial Church Councll of The Parish of Drayton Bassett, Fazeley & Mile Oak Ithe PCCI h35 the responsibility of co-operating with the incumbent, Rev jonathan Iddon, in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelical, social and ecumenical. The PCC is also spiritually responslble for the rna1ntenan of the church The PCC is committed to enabling as many people as possible to worship at ourthurch and to become part of our parish comrnunity at all three Churches St Peiel's Drayron Bassett, St Paul's Fazeley and St Barnaba5 Mile Oak. The PCC maintains an overview of worship throughout the parlsh and makes suggestlons on how our services can involve the many groups that live within our parish. Our services and worship put faith into practice through prayer, scripture. music and sacrament. A150. through non sacramental activities of hospitality and fellowship we aim to reach non churched members of the community. Publlt Beneflt The trustees of the Charity aTe aware of the Charlty Commission's guidance on public benefjt in The Advancement of Reli8ion for the Public Benefit and have had re8ard to it in their administration of the Charity. The trustees believe that, by promoting the Work of the Church of England in the Ecclesiastical Parish of Drayton Bassett, Fazeley & Mile Oak, it helps to promote the whole mission of the Church (pastoral, evangeli5tlC. Social and ecumenicall more effertively. within the Ecclesiastical Parish, and that in doin8 $0 It provides a benefit to the public by- Providing facilities for public worship. pastoral care and spiritual, moral and intellecrual development. both for its members and for anyone who wishes to benefit from what the Church offers.. and Promoting Christian value5 and Service by rnember5 of the Church in and to their communities, to the benefit of individuals and society as a whole. Achlevements and Performance IricaS Report If I had to sum up 2024 in one word for the Parish of Drayton Bassett. Fazeley & Mile Oak, the word I would choose is 'Seekin8.' Thls past year has been marked by a deep sense of Seeking God's direction, both as churches and for me personally. Over the summer, I became increasingly aware that the Lord was doing a new thing, both in my own calling and In the life of the Peel Parishe5. After much prayer and reflection, I discerned that my season here was drawing to a c195e, and that it was time to make way for 50rneone else to lead St Peter'5, St Paul's and St Barnabas forward into the next chapter of their journey with God. In the life of our three churches. 2024 has been a year of stepping deeper into prayer, reflÈction. and expectation. Our verse for the year, 2 Chronicles 7..14-"IAmypeople. who are tulled by my nume. will humble themselves ondpn7y tsftd seek myAote and turnArom their wlcked ways, then I will heurfrom heoven, und I willforgive theirsin und wlll heol theirlund." Set the tone for the beginning of the year, calling us to trust in God's guidance and seek His presenee wlth renewed devotion. We began by posturing ourselves in prayer. seeking renewal and revival. and pressing into the presence of God in a fresh way. Lent and Holy Week invited us into deeper confession and worship, with the addition of Open Heaven Monday5 at St Peterfs, where we gathered in expectant prayer, seeking God's renewal and brèakthrough. Page 2
Easter brought with it a spirit of joy and expectancy,. a season of encountering the risen Christ and exploring what new thing God rni8ht be doing amon8 Us. The week5 leadin8 ta Pentecost were filled with waiting and watching, and as we Stepped into Pentecost itself, we saw a renewed desire for the power of the Holy Spirit to work in our lives and communities. Alongside thi5 spiritual journey, the life of our churches has continued with energy and commitment. Fellowship groups have deepened faith, another Alpha cour5È ran successfully in the autumn, children and youth ministries have continued to thrive, and new connections have been made within the wider communily. As I prepare to move on, my prayer for St Peterfs. St Paul's and St Barnabas, and for the wider Peel Parishes farnily, is that you will ontinue into the vacancy period wrth that Same spirit of expectancy and obedience to the call of God. The Lord is faithful, and He is leading you forward into a new chapter filleij with His presence and HIS purposes. Thank you to all who make our churches what they are and thank you for allowing me to walk thls Journey with you,. It has been a privilege to serve as your vicar since 2013. and this past year especially. With every ble55in& Jonathon Iddon Disripleship Team The Discipleship Team Continued tts work ihroughout 2024, building on the foundations laid in previous year5. It comprises the Ministry Team12 Licensed Cler8y and 3 Licensed Reader51, our Retired Ministers12 Clergy and 3 Readers) with Permission to Officiate, and two Occasional Service Leaders/Preachers. The team meet5 rnonthly with a Ternit to discern and develop our Sundav worshlp services. primarily focusing on the teaching and preaching but also providin8 pastoral support to the congregations. A particular highlight of 2024 was the emphasis on deepening the church's engagement with prayer, Scripture, and healing. Thi5 was reflected in the serrnon series chosen for the year, which aimed to challenge, encourage. and equip the congregations to grow in faith and discipleship. During 2024, we covered a varied diet of Scripture through bespoke sermon Series as follows- If My People... A 5-part thernatic series exploring Prayer. Fasting, and Humility, inspired by 2 Chronicle5 7'.14. The series ran in January and February, buildin8 towards Lent, encouraging the congregations to take seriously the call to seek God's face. It included reflections on both personal and cornmunal prayer and fasting, culmlnatlng In Ash Wednesday. Going In Deep (The Book of Jonahl- A S-part Lent series in February and March, exploring the therne5 of rebellion, confe55ion, salvation, transformation, and reflection. This series invited the congregations to exarnine their own hearts in right of Jonah's journey, emphasi5ing the depth of God's mercy and thè call to repentance during the penitential season of Lent. God's Next Move-A serie5 from May to July covering Acts Chapters 1-11. This series explored the early church's growth, the work of the Holy Spirit, and how God was moving powerfully through the apostles to spread the gospel beyond Jerusalem. God and US-A summer series in August focusing on our identity as Christians. Thi5 series helped the con8re8ations reflect on what tt means to belong to God, to be shaped by Him. and to live out our calling in the world. The Bible Serles- A 7-week thematic series from Bible Society in September and October, walking throush the overarching story of the Bible, en8aglng both Sunday worship and midweek small group5. The Series explored key biblTrcal themes such as Orlgins, Exodus, and Exlle, drawlng out their meaning and relevance for todav. JÈsu5 Heals- A S-part series in November focused on the healing miracles of Jesus as recorded in all thrèe synoptic Gospels. This series not only highlighted Jesus. concern for physical healing but a150 explored thè deeper spiritual and discipleship le550n5 found in each encounter. The series was accompanied by opportunities for congre8ants to receive prayer for healin& with the hope of e5tabli5hing a regular ministry in this area. Page 3
As 2024 drew to a close. Vernon Whitby-srnith, who had faithfully served as an Occasional Leader and Preacher, made the decision to retire from thi5 ministry. We are deeply 8rateful for his dedicated service. particularly his preaching, which has been source of spiritual nourishment. The team remains appreciative of the ongoing commitment of all those involved in preaching and leadin8 worship, whose efforts ensure that our services continue to strengthen and challenge our churches in our jOUTney of falth. Jonathon Iddon Fellowship Group.. Tuesday Mornlngs There are ¢urrently nlne of us who meet weekly In term time. Tuesday mornings, 9.30 to 10.45 at St Barnabas. We mèet for Bible study, fellowship and prayer. We began the year with a 10 week study of Mark's Gospel called 'News of the Hour" from the InteractNe Bible Studies series. It was fast-paced but a helpful and thoueht-provoking introduction to the life and ministry of Jesus, and what it means to believe and have faith that he is the Messiah. the Son of God. After the May half term, we worked through 3 7 week study of the first few chapter5 of Genesis (Creation to the Tower of Babell. Some big topics and big questionsl We paused for the summer. and restarted in the autumn by following the Sunday sermon topics using"The Bible Series" by Andrew Ollerton. It was good to have space to go deeper into the bi8 tOPlC5 and themes of the Bible. We then returned to Genesis and to Abraharn, Sarah and Isaac. and the challenge of living a life of faith in God and His promises. Alex Keen Fellowshlp Group: Tuesday Evenlngs Thi5 group, having experienced a rather tumultuous time in terms of membership, ha5 now seitled into what is a very strong and cohesive group, albeit a small one. We follow the school term date5 to give structure to the year. In the Spring term. the series was Women of the Old Testament. This proved very enrichin& studying some fascinating women including Ruth, Naomi. Hannah, Abigail, and Esther. After Easter we moved on to Women of the New Testament. This again proved to be a real blessing. as we drew many contrasts to the OT women, learning about women such as Elizabeth, Mary, Herodias, and Martha. After the summer break, we followed the Sunday theme of The Bible Series. which worked very well, digging deeper into eoch week's topic. We then rounded off the year by continuing to follow the Sunday series of Jesus Heals, which again prompted some fruitful discussions. We continue to meet Fn the Church Centre on Tuesday evenings, now looking forward to a twelve-sesslon series Studying Miracles. steve Edwards Drayton Ba55ett Bible Study Group We ale a group who meet on alternate Wednesday evenings. We meet at 19.00, with tea and coffee on arrival and finish at 20.00 promptly. We study the scriptures by studies that run for three weeks maxlmum but did do a study on How Do We Pray which ran for six weeks. Some of ihe studie5 we have done are, The Life and fimes of Abraham, The Covenants of Scripture, Who is Jesus as described in Hebrews Chapier 1-6, What is San¢tifi¢ation. Jesus is Coming again. and thi5 sort of typical subjects. We are advised of the scriptures we will use ahead of time and anyone who fail to be with us will get a copy of the note5. Wè welcome anyone who would want to know about whaV5 in The Bible. Vernon Whltby-smith Page 4
Klntsug5 Hope Wellbelng Course 2024 We are so blessed to have run a joint Kintsugi Hope Wellbeing course this year alongside Holy Trinity Church, Wilnecote. The 10-week course was held on Sunday evenings, between July and September 2024. at Holy Trinity Church with both church families represented. There was a really Éood uptake wlth people from all ages and backÉrounds, some with faith and others seeking. As wlth previous eourses the group bonded well and shared the journey of learning more about thernselves and others. wellbein8. Some feedback from the course: "It WUS good to meet newpeoplefrom the chur¢h community l attend regulurly andfrorn another church. It wos 0150 nice to relate to the bible passages t751 t7m new to ottending church and understt7nding the scriptures." -1 oppreciLrted the soft envlronmen¢ the trust within, the core and comptssslon shown to etsch person ot dIffertr times throughout the course. A greot coursefor everyone whether they ottend church ornot." The atmosphere wus open, relaxed, non-judgernental t7ndsupportive. l am gratefulfor the opportunity to attend this COue, enabling me to learn new coping skillsfor life ond ot the some rime let7rning more obout the bible.- It is a privilege to be able to share this course which God has so faithfvlly ovèrseèn and blessed those who attend. Trisha Castanhelra Churchwardens, Report We are pleased to present our Annual Report as Churchwardens for Drayton Bassett, Fazeley and Mile Oak. It ha5 been a year of both challenges and blessings. We are grateful to everyone who ha5 supported us, both our paid staff and volunteers who have worked very hard to maintain our services and keep our building5 and churchyards clean and tidy. The maintenance of our church buildings and grounds remains a key challenge with onty sufFicient funds belng avallable to do the most urgent work. Thi5 year, we have undertaken rgof repairs at both St Paul's and St Peterfs. The roof at St Paul's Suffered storm damage and also a lightning Strike in the last quarter of 2024.The storm damage caused rubble to fall inside the chancel area which had to be cordoned off for a few weeks. Thi5 provided us with the opportunity to check out a long-standing concern regarding the condition of the east chancel wall at 5t Paul's. Following a survey, assurance was given that the wall is structurally safe and sound. With the scaffolding in situ to clear the rubble away, our roofing Contractors did this and cleared all the cobweb5 away without C05t to us except for the 5caffoldin8. Unfortunately, the insurance company would not pay out for the storm dama8e because relevant work outlined in our QI had not been done. We need to highlight this as a potential ongoing issue because a significant number of costlyworks mentloned in the QI Reports are unable to be done due to lack of funds. The c05t5 for thè repair5 that are required run into tens of thousand5 Of pound5. The QI RepoTts for St Paul's and St Peter'5 are available upon request and the PCC will be providing more information to our congregations. We have eontinued to ensure that all the relevant Health and Safety requirements have been adhered to and checks on equipment etc have been made. Our churchyards continue to be kept as neat and tidy as possible with the help of our paid staff and willing volunteers for whom we are very grateful. Looking ahead we would welcome help from anyone with ski115/experience in fundraisin8 or obtaining 8rantS to enable u5 to move forward with our prograrnme of works. We are grateful to Jonathan, Alex and the ministry team for thèir leadèrship, as wèll as to thosè involved in the PAIAV team, the welcome and hospitality teams, to our Duty Wardens and those who have taken part in the reading and intercession rotas. We have Page 5
been grateful to have musI¢ led on occasions by an organist at St Peter's. We would like to See the introduction of 'live' music back at St Paul's but realise we draw on a small pool of individuals who already give their time in other areas of minlstry. We give thanks for our congre8ation5 for theirfaithfulness and commitment. Churchwordens Dennb Hooperlyntla Pussey Oasis. a support group for those bereaved, whether recently or not, was begun by Rev Sue Rowley and Liz Helm in February 2023. The group meets on the first Monday afternoon of each calendar month from 2pm to 3.30 pm in St Paul's Church Centre. It was envisioned as a ministry of the church to the community, and all would be welcome, no matter their race, culture, faith, or none and for howevef long or short their need for support and friendship. It has never been a 8rief counselling group although literature helpful to the bereaved, Christian and secular. would be available. Initially 5 people joined the group, and while membership has fluctuated according to need, the total membershlp now consists of 11 members plus the leader5 and it ha5 been a delight to welcome julie Ll(Tryd to the cure team which means there are ample hands to prepare the welcoming tea, coffee and cake when holidays or sickness means the absence of one of the leaders. We have also enjoyed Christmas meals at dining pubs and an Afternoon tea at a Garden Centre. Thls summer we plan to organise a picnic or barbecue, venue to be decided. Each year a Memorial Service is held for those who have known the ministry of the Peel Parishes at funerals and inforrnation regarding Oasis is given_ Oasis 15 intended to be a continuation of this ministry. There is clearly a need for this 5UPPOrt group and every effort will be made to maintain it for the foreseeable future. even though leadership and membership may fluctuate and chan8è. I commend it to you. Rev Sue Rowleyi Liz Helm and Julie Lloyd. Deanery Synod Report for DFM Gary Simmonds (vicar of Glascotel stood down as Deanery Synod chair and was replace by Rev Debra Dyson. David Lrtchfield also retired and the lay chair is Pat West, and Peter Thornley is the Secretary. Key attendees include members from the House of Cler8y. At the time of writin& Synod have met twlce whilst I have been the DFM representatlve. and a further meeting is planned for March 2025. Synod have di5CU55ed the strateÉic plan for the Diocese, lookin8 at the Shaping for Mission and Eco-chur¢h inltiatives. Subsequently the Shaping for Missbon event took place here at St Paul's on the Iph July 2024, and Jonathan submitted our response to the Diocese. Other discussions at Deanery Synod have covered priorlties for the Deanery, including better communication and social media en8a8ernent. Pat West edits a Deanery Newsletter, and if you would like item5 from ovr Parishes to appear in the Newsletter. please email to DFM.PCC eel arishes.church. We have heard presentations about the-Healing Roorns" ministry at St EdStha's Church. Church vacanties are discussed, and people at Synod are willing to SUPPOrt us during the interregnum. Members of the Synod attended and welcomed Bishop Tim at his induction and have attended Diocesan Synod meetings, where safeBuarding and Eco Church have been important topics. Peter Thornley Puge 6
Financial Revièw PCC of Dra on Bassett Fazele & Mile Oak Net Total Assets.. £55,79120241£67,349 20231 Deficit/Excess'. £l11,55812024- Unrestricted Deficlt £18.410 Restricted Sirplus £6,852 IDeficit.' IES,079120231 The net assets have reduced from £67,348 2023 to £55,7912024 and whilst overall there is a deficit of l£ll,558, this is due to the extensive roof repair bills during the year. Drayton Bassett. Fazeley and Mile Oak have not only cleared LD8F Assigned fees of £2,400 they have also cleared allcommon fund arrears. So this has been a positive year.. Overall income has increased from £129,164 2023 to £142,897 2024. The most notable differences being 0550 Donation5, and 0601 Tax recovered. Expenditure has increased from £134,242 2023 to £154,455 2024. The most notable differences belng 2051 Salary of youth minister. 2330 Church Maintenance, and 2701 Church Major Repairs. Thanks go Lisa and Deana for their hard work In 2024. Reserves Polic It Is PCC policy to try to maintain a balance on free resèrves Inet current assetsl which equates to at let three months unrestricted payment5. Three months expenditure is equivalent to £35,872 20241£27,466 20231. It is held to srnooth out fluctuations in cash flow and to meet emergencies. The balance of the free feserve5 at the year-end was £20,19120241£29,46120231 which is lower than this target. but the expenditure is artificially inflated in 2024 due to the roof repairs and the stonework repair5. A revised target would be £28.847, excludin8 these fi8ures. Investment P 11 The charity Is granted power to invest in suitable investments under the PCC Powers Measuie 1956 and the Trustees Act 2000. As a charity, the Tru5tee5 have 3 duty of care to take such advice as is appropriate before investments are undertaken. Thls advlce is sought from the Central Board of Finance ICCLAI in London. The charity's 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 governance and act in a responsible way towards stakeholders. Long-term responsibilities - the trustees are aware of their long-terrn responsibilitie5 in respect of the Restricted and Unrestricted reserves and as a result follow a prudent approach to investment decisions. Investment pollcy for long-term fund5 is aimed prirnarily at generating a sustainable incorne, with due regard to the need for the preservation of caprtal value, and the possible need to realise investments to meet operational needs. The char1ty does not have policy of generatin8 income at excessive or high risk- known a5 "purchasing income" where high returns are guaranteed at the expense of capital. In 5urnrnary. the charity has an overall policy to rnaxlmise income while pre5ervin8 the real value of its funds. Due to the nature of the charity, an ethlcal investment policy is taken into consideration when investments are made.. The charity follows the Ethical Investment Advisory policy as recommended by the Lichfield Diocese whlch includes the following". "We aim to invest in companie5 that.. will develop their business in the interests of shareholders; 4 demonstrate responsible employment practlces.. are conscientious concerning issues of corporate governance. the enwronment and human rlghts,. are sensitive to the community in which they operate." Planned giving, collections and donations are the main Sour5 of fvnd raising alon8 Wlth tax recoverable. Safe uardin The PCC believe they have fulfllled their duty under section 5 of the Safeguardin8 and Clergy Discipline Measure 2016 (duty to have dve regard to House of Bishops, guldance on safeguarding children and vulnerable adults). Page 7
Re ortln Serlous Inc5dents A Serious Incident is an adverse event, whether actual or alleged, which results In 01 rlsks significant harm to the charity's beneficiaries, employees, office holders. volunteers or to others who come into contact with the charity through its work, loss of the charitvs money or assets, dama8e to the charitvs property or harm to the charity's work or reputation. The trustees are not aware of any Serious Incidents in the last year Fundraisin The PCC take5 its fundraising responsibilities seriously and Is very grateful to all donors- whether regular or occa5ional- for their 5UPPOrt of the church and church events. pcc sUPPOrters are never taken for granted. The PCC take5 full re5pon5ibility for fundraising and does not use cornmercial organi5ations or professltsnal fundraisers. All money raised is either by donations. fundTaising events, special appeals or legacies for which the PCC are most grateful. Volunteers The member5 of the PCC would like to thank all of the 72 volunteers who work so hard to make our Church a lively and vibrant communitv. Risk Mana ement The Church Wardens carry out regular Health and Safety Reviews and regularly inspect premises for potentlal haiards. We have 5afeguardin8 policie5 in place for child protection and for work with vulnerable adults. including rigorous DBS checking of staff and volunteers. Our insurances are reviewed annually to ensuie adequate cover. An informal review of any new risk5 which may impact the work of the Church in the Parish is ongoin8. Structure Governance and Mana ement The PCC is a Body Corporate established by the Church of England and is a Charity re8iStered with the Charity Commission. The PCC is 8overned by the Parochial Church Council Powers Measure119561 as amended that came into effect on 2. January 1957, and the Church Representation Rules Icontsined in Schedule 3 to the Synodical Government Measure 1969 as amendedl_ The method of appointment of the PCC members Is set out In the Church Representation Rules. The Council comprises the Incumbent. the Churchwardens, a representative of the Readers, those elected to the Deanery Synod. and other members who are elected at the Annual Parochial Church Meetin8, by those on the Elecloral Roll. The PCC members receive training from courses run by the Diocese. Members of the con8regation are always ur8ed to join the Elertoral Roll, and to stand for election to the PCC. The PCC members are responsible for maklng declslons on all matters of general concern and importance in the parish, and for all financial matters. The PCC met 7 times during the yèar. Related Partles No Trustee or their family are employed or offered contracts to carry out work for the PCC. Donations from Related Partiès Donation5 from 15 related parties IPCC membersl during the year totalled £39.62120241£44,764 20231. One trustee donated 37% this inclLtded a one-off generous donation. All these donations were received without condition. Remuneration aid to Trustees None of the trustees have been paid any remuneratlon or recelved any other benefit5 from employment with the PCC. Ex enses aid to Trustees Two trustees were reitnbursed £1,142 20241£892 20231 for travel and 5ub51Stence durin8 the year. Page 8
Reference and Adminlstrative Oetails CharSty Name.. The Parochial Church Council of The Parlsh of Drayton Bassett. Fazeley & Mile Oak Other names the charity Is known by: Peel Parishes Registered Charlty Number: 1191092 Charit5 printlpal address: St Paul's Church Cole5hill Street Fazeley Tamworth 878 3RQ Correspondence addre55'. St Paul's Church Coleshlll Street Fazeley Tamworth 878 3RQ Web51tè address- hit www. eel arishes.or PCC Members: Who Served from l January 2024 to the date thÉs report was approved Trustee name Offlce Ilf any) Dates acted If not for whole period Ex-officio Revd jonathan Iddon Rettorlchairperson Churchwarden 911212019- current 311512022- 211412024 291512022- 11812023 Julie Andrews Robert Davies Clergv Alexander Keen Clergv Deputy Warden St Peterfs Church Deputy Warden St Peter's Church Deputy Warden St Paul's Church Churchwarden lean Jennings Judith Haden-Homer Mark Hardv Dennis Hooper 911212019- 2ty412024 Julie Rammell-sime Deputy Warden St Barnaba5 Church Deanery Synod (St Peter'sl Deanery Synod (St Paul's) Deanery Synod (St Barnabasl Churchwarden Judy Davies David Litchfield 101612019- 2ty412024 Lynda Jackson Lynda Passey 04/oV2025 Elected Members Deana Tamplin layne Ackers Peter Thornley Wendy Smith Matthew Lloyd Treasurer (No longer a member) Finance Team Chair 1811012020- 211412024 Secretary IAnd Deanery Synod Rep St Paul'51 911212019- 211412024 301412023- 211412024 Mark Whitehead Rosemary Bridge Page 9
Bank Cooperativp 8ank Business eanking PO 8ox 250 Skelmersdale WN8 6WT Investment CCLA Managers l Angel Ln London EC4R 3AB Independeni Examiner Lichlield Oioce5an Board of Finance gt Marys House. The QDse, Lichfield. WS13 7LD Approved bythe Pccon 10.03.2025 and si8ned on its behalf bv.. Revd Alexander Keen Page 10
Independent Examinerf5 report to the trusteeslmembers of The PCC of The Parish of Drayton Bassett, Fazeley & Mile Oak- 1191092 I report on the accounts for the year ended 31# December 2024 which are set out on the followin8 pages. Res ective res onsibilities of the Truste dln ExamSner The charity's trustee5 are responsible for the preparation of the accounts. The charl5 trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independen t examinatlon Is needed. It is my responsibility to examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the General Directions given by the Charity Commission lunder section 14515llbl of the Charities Act. and to state whether particular matters have come to my attention. Basis of Inde endent Examlner's Statement My eKamlnation was carrled out in accordance with the General Directions Èiven by the Charlty Commission. An examination includes a review of the accounting records 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 theaccount$3ndseeking explanationsfrom the trustees concerning any such matters. The produreS undertaken do not provide all the evidence that would be required in an audlt, and consequently no opinion is given a5 to whether the accounts present a-true and fair" view and the report 15 limited to those matters set oul in the statement below. Inde eftdent Examlner's Statement In connettion with my examination, no material matters have cometo my attentlon which gives me causeto believe that in anv 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 matters in connection with the examlnatlon to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed: Lichneld Diocesan Board of Finance St MaTVs House, The Close. Lichfield W513 7LD Date.. If Ip3lzp2r Page 11
rtsh ol Dra on Bassett Fazele & Mlle Oak Notes to the Financial tat ments For the year ended 31" December 2024 Accountlng Policies The Financial statements of the PCC have been prepared in accordance with the Church Accountin8 Regulations 2006 u5in8 thè Receipts and Payments basis. There may be minor discrepancies in the tota15 as the pènce are not being shown. The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unle55 Otherwise stated in the relevant notes to these accounts. The financial statements 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 Éatherings of Church members. Cashflow Statement The Charity has taken advantage of the exemption in F102 from the requirement to produce a cashflow statement on the grounds that the Income does not exceed £500,000. Golng Concem There are no material uncertainties relating to events or Conditions that cast slgnlflcant doubt on the Charl5 abllity to continue as a going concern. Accounting Estimates and Prior Year Errors No changes tts accounting estimates have occurred in the reporting period. No material PriOT year errors have been identified in the reporting period Destriptlon of Funds Unre5trtrted funds are income funds of the PCC that are available for spending on the general purposes of the PCC, including arnounts designated by the PCC for fixed assets for its own use or for spending on a future project and which are therefore not included in its'free reserves" as disclosed in the trustees. annual report. An explanation of purpose of each Designated fund are as follows Peely Tots- Funds set aside for PeelyTots group to record Income and expenditure StBBuildin@- Funds set aside for St B3rnaba$ Building. 5t PaulsBuildin8- Funds set aslde for St Pau15 Building- Advise that thi5 fund is closed and transfer to General StPHobbs- St Peters Hobbs Legacy Regtrlcted funds cornpri5e of two elements :_ al income from trusts or endowments whlch may be expendeil only on those restricted objects provided in the terms of the trust or bequest bl donations or grants received for a 5pecifi¢ object or invited by the PCC for a specific object. The fvnds may onlv be expended on the spetific object for which they were glven. 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 Restrlcted fund are as follows.. Clothed- Specific donations for Clothed in Kindess SSPDCC- PCC to confirm the restrictions StPBells- St Peters Bells- Donations for the upkeep of St Peters Bells Youth Worker- Grants and donations specifically for the Youth Worker Page 12
Endowment funds are restricted fund5 that must be retained as trust capital elther permanently or Sublt to a discretlonary power to spend capital as income, and where the use of any income or other benefit derived from the capital rnay be restricted or unrestricted. Full details of all their restrictions are shown Sn the notes to the accounts. An explanation of purpose of each Endowment fund are a5 follows-. The Parlsh of Drayton Bassett, Fazeley & Mise Oak do not hold any Endowment funds. Having recently taken over the finances of The Parish of Drayton Bassett. Fazeley & Mile Oak I have reviewed all of the funds currently listed. I have advised that the majority of the designated funds are closed to simplify the accounts. I would ask the PCC to consider this in 2023 a5 this will help the PCC to understand the pgsition of the Parish throughout the year making It easier to plan. Incoming Resources Planned 8ivin& collections 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 incornins re50urcè to which thev relate is received. Grants and Legacies are accounted for when the PCC is legally entitled to the amounts due and the monetary value c3n be measured with sufficient reliabilaty. Dividends are accounted for when reivable. interest Is accrued. All other income is reco8riised when it is receivable. All incoming resource5 are aecounted for gross. Resources Expended Grants and donations are accounted forwhen paid over. or when awarded, if that award creates a binding orconstru¢tive obligation on the PCC. The diocesan parish share 15 accounted for when due. Amount5 received specifically for mission are dealt with as restricted fun¢Js. All other expenditure 15 generally recognised when it is incurred and is accounted for gr055. Governance and Support Costs Support costs should be allocated between governance costs and other 5UPPOrt. Governance costs comprlse all costs Involvlng public accountability of the PCC and it5 compliance with regulation and good prèctice. Support costs include central functions and have been allocated to activity cost Categories on a basis consistent with the use of resources eg by allocaiing staff costs by time spent and other costs by their usage. Flxed Asset5 Consecrated and benefice property is 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 tiust for the PCC and which require a faculty for disposal are inalienable property, listed in the Church's inventory, which can be inspected lat any reasonable tirnel, For anything acquired prior to 2000 there is insufFicient cost information available and therefore 5Uth assets are not valued in the financial statements. No depreciation is provided on buildings as the currently estimated re5Tdual value of the propertie5 is not less than their carrying value and the remaining useful life of these assets exceeds 50 year5, 50 that any depreciation charge5 would be irnmaterial. Other tangible fixed assets are valued at cost. The depreciation rates and methods used are 50% per annum. 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 initial re¢ognltlon at settlement amounl. Subsequentlythey are measured as Cash expetted to be received Creditor5 and A¢cruals Creditors are measured at settlement amounts less any trade discounts. Accruals are measurèd on best estimate of the amount Tequired to settle the obligation Bt the reporting date. Page 13
Ponsh oADrayton Bassett. Fozeley & Mile 017kyeorended2024 Receipts and Payment Account 2024 Unrestricted Deslgnated Restricted Endowment lunds funds funds funds 2024 2023 Receipts Donatlons and legacies Income from tharitable activities Other trading atttvities Investments other income Total incomè 108,308 25,729 1.532 41 7,285 117.126 105,822 25,771 22,882 460 134,038 1.573 7,285 142A97 129,164 Payments Raising funds Expenditure on charitable activities Other expenditure Total expenditure 148,535 5.486 433 154.455 134.242 148,535 5,486 433 154.455 134,242 Net In¢ome I lexpendlturel resources before transfer 114,4971 13.9131 6.852 111.558115,0791 Transfers Gross transfers between funds- in Gross transfers between funds out Othèr recognlsed gains / losse5 Gainsl1055es on investment assets Gains on revaluation, fixed assets, charity's own use Net movement in lunds 11,520 111.5201 {14.4971 13,9131 652 Ill58115,079} Reconcillation of funds Total funds brought fonvard 29,641 13,098 24.608 67.348 72.426 Total funds Carried forward 15,144 9.186 31,460 55.791 67,348 Page 14
Page J5
Sta¢emeDt ol assets and liabllit¢e$ 2024 c5% and nurnlnalwdÈ GEnpral D+Hinat+d Endowment 2024 20Z3 CurrentA5Srf-cah Al BankAnd In Hand 65295834.. co.vp current4OuE lotal 20,191 ,151 4.139 4,139 32.659 32,659 56.989 67.838 56.989 67,83¥ LlabilFty-Aionc¥Accounts 6699.- AB?ncy EollectiOfflS 490 l.l>8 490 Lisg Nei ¢otèlès%etS 20,191 4,139 31,460 S5.791 67,34B Approved by the PCC on 10.03.2025 and 5igrd on its behalf bv.. Revd Alexander Keen Page 16
Statemènt of assèts and liabilities 2023 Class and nominal code General Deslgnated Restricted Endowment 2023 2022 Current Asset- Cash At Bank And In Hand 620307001D". CCLA ICBFI Drayton Bassett St Peters PCC 65295834.. Co-op 8ank ctJr¥ent account 21,747 67,839 60.887 67,839 81634 29,641 29,641 13.099 13,099 25.099 25.099 Total Liability- Agency Accounts 6699.. Agency collections 490 490 490 2.530 490 2,530 Total Liability- Creditors- Amounts FallSng Due In One Year PSFAZEOI.. LDBF Common fund Liability 7.677 7,677 Total Net total assets 29,641 13,099 24.609 67,348 72.427 Puge 17
Analysis of income and expendlture 2024 Unrestrlcted Oeslgnated Restrlcted Endowment 2024 2023 RECEIPTS Donations and legacies 0101 Gift Aid Collections 0201- Other planned gNing 0301- Loose plate collections 0302- Collections at Weddin85 and Funerals 0303 - Contactless Giving 0452 - Donations for Reader Ministry 0510- Gifts of quoted securitles Inactlve 0550- Oonations appeals etc 0601- Tax recoverable on Gift Aid 0701- Le8acie5 0801- Recurrin8 grants 08AI- Non-recurring one-ott grants 0901 Other funds generated 0903- Regular Clubs and Meetings Donation5 and legacies Totals 55.396 10.121 6,092 663 2,488 4.930 1,395 60,326 64,088 11,516 10,462 6,092 5,778 663 189 2,488 3,420 12,585 16,104 250 16251. 1.000 4.120 iii 108.308 20 12,605 3,797 17,rJ44 8,487 1,250 16251 625 1.000 3,617 4,478 4,570 286 784 117,126 105A22 1,000 357 174 1,532 7,285 Income from charitable activlties 0902- Heating- Weddin8s&Funerals 1101- Fees for wedding5 and funerals 1230- Church hall lettin85- objectives Income from charitable actlvities Totals 233 6,642 18,854 25,729 233 6,642 6,486 18,896 16.396 25,771 22,882 41 41 other tradlng actlvltles Other trading artivities Totals Investments 1020- Bank and building soclety Interest Investments Totals 460 460 Other Income 1330- Solar Panel Income Other income Totals Retèipts Grand totals 134,038 1,573 7,285 142A97 129,164 PAYMENTS Raistng funds Raising funds Totals Expenditure on charitable activities 1730- C05t of Clubslfetes/concert5 & other events 1801- Giving to missionary societies 1870- Giving to Secular charities 1910- Common Fund 2001- A5515tant staff costs 2050- Salary of parish administrator 2051- Salary of Youth Minister 2060- Music Staff payments 2,372 2.998 82 293 2,747 2,998 2.108 3,338 51,858 3,489 13.437 51,858 5Q,841 3.489 3.179 13,437 13,174 23,349 Page 18
2101- Working expense5 of incurnbent 2102- Workin8 eKpense5 of Youth Minister 2150- Vicars Telephone 2201- Parish training and mission 2301- Church running- insurance 2308 Other Expenses 2310- Church Office- Telephone & Broadband 2330- Church maintenance 2331- Cleaning 2332- St Peter's Building 2333 - St Barnaba5 Buildin8 2334 St Pauls Building 2340- Upkeep of services 2350- Churchyard Maintenance 2360- Administration 2370 Visiting Speaker5/Locum 2401- Church running- electricrty 2410- Church running- gas 2420- Church running- water 2440- Church running- heatlnÉ and lighting 2601- Governante costs examinationlaudit fee 2701 Church rnajor repairs- Structure 2710- Church major repairs- installation 2720- Church interior and exterior decoratin8 2820- Hall + major repairs- installation 2840_ Other PCC Property upkeep Expendlture on charltable actlvltles Totals 1,142 1.142 60 264 899 7,274 892 158 417 1,816 7.079 60 264 759 7,274 60 79 595 14,933 664 120 595 592 15,355 6,277 664 726 120 442 296 227 383 4,985 4.795 37 1.722 2,325 518 545 10,806 1.415 1,177 5,434 7,584 1,177 5,434 7,584 518 10.806 23,102 4,902 28,004 3,480 23 154,455 134,242 143.488 10,533 433 other expenditure Other expenditure Totals Payments Grand totals 143,488 10,533 433 154.455 134.242 Page 19
Fund movemènt by typè 2024 Fund Clothed Restricted Sub-totals Openin Incorni Outgoing Transfers GainslLosses Journals Closing 604 604 604 604 PeelyTots Designated Sub-tota15 392 392 394 394 142 142 644 644 SPDCC Restricted Sub-totals 22,206 22,206 22.206 22.206 StBBuildin Designated Sub-totals 3,756 3,756 179 179 3,935 3.935 StPaulsBuilding Designated Sub-totals 14421 14421 14421 14421 StPBells Restricted Sub-totals 3,353 3.353 20 20 3,373 3,373 StPHobbs DesiEnated Sub-totals 9,390 9.390 1,000 1.000 10.390 10,390 Youthworker Restricted Sub-tota15 11.5561 11.5561 7,265 7.265 433 433 5,276 5,276 General Unrestricted Sub-totals 29.641 29.641 134,038 134.038 143.488 143,488 147.5421 147,5421 20,191 20.191 Totals 67,349 142,897 154,455 147,5421 55,791 Page 20
Fund m(wement by type 2023 Fund Openlng Incoming Outgoing Transfers GalnslLosses Journals Closlng Advent Appeal Designated 298 298 12981 12981 Sub-totals Audio DIgnated 435 435 14351 14351 Su&totals Churthyard Designated 560 560 15601 15601 Sub-totals Clothed Restricted 604 604 Sub-totals MinistryTrainin8 Designated 604 2,351 2,351 12,3511 12,3511 ' Sub-totals PeèlyTots Desienated 188 188 374 374 169 169 393 393 Sub-tota15 SPDCC Restricted 21,453 21,453 460 460 293 293 22,207 22,207 Sub-totals SPFNG Designated 801 801 18011 18011 Sub-totals StBBuilding Designated 3,757 3.757 3,757 3.757 Sub-totals StPaulsBuilding Designated 13601 13601 81 81 14411 14411 sub.totals StPBe115 Restricted 3,353 3,353 3.353 3.353 Sub-totals StP8ulldlng De518nated 16,7821 16,7821 6,782 6.782 Sub-totals StPHobbs Designated 16.418 16,418 245 245 16,7821 16.7821 9.391 9.391 Sub-totals Youthworker Restrictèd 16.294 16.294 6,032 6,032 23,882 23,882 11,5561 11,5561 Sub-tota15 General Unrestricted 13.057 13.057 122,298 122,298 109,866 109,866 4,152 4.152 150,8411 150,8411 29.641 29,641 Sub-totals Totals 72.427 129,164 134,242 50,841 67,348 Page 21
taff Costs 2024 2023 Wages & Salartes £16,229 £36,71 Social Securi Costs £503 £2,327 Average number of Emplo ees During the year the PCC employed a Cleaner Ipart-timel and a Parish administrator Ipart-tlmel. Some payment5 were large enough to attract Social 5ecuritV COSts. There were no employee benefits to key managernent personnel in the prevlous w current year. The PCC use5 the National Employment Savin85 Trust INestl via the Diocesan PayToII Scheme. for its pension payrnent5 £1951£663 20231 Trustees. Remuneratlon & Ex en5es No Trustèes were employed so no rernvneratioN has been incurred during the year Ex enses aid to Trusteès Two trustees were reimbursed £1,142 20241£892 20231 for travel and subsistence during the year Related Parties No other expensès were paid to any other PCC member, or people closely connected to them or related parties. Donations from 15 related partie5 IPCC membersl durin8 the year totalled £39.62120241£44,764 20231. One trustee donated 37% this included a one-off generous donation. All these donations were received without condition. Fees for the examination of the ac¢ountS 2024 2023 Independent Examinerfs fèes 150 150 Other fees- Bookkeeping 680 830 42Q 570 Total Page 22
Analysis of TransFer between Funds 2024 There were no transfers between funds in 2024 Analysls of Transfer between Funds 2023 Debtt Credit Descri tlon Furtrd Fursd 293.49 Tfr from Gener8 I to CCLASPDCC General Unr 293.49 Tfr from Genera I to CCLA SPDCC SPDCC 435.04 Per Audio Visua I fjenera I stPaulsBuildin fjeneral Unr 6 781.55 Per St Peter Hobbs L Des 298.14 Per Advent Unr 56038 Per Church ard General Unr 800.69 Per ftchI n New Generations General Unr -6 781.55 Per St Peter Hobbg Le StPaulsBui Idin 6 781.55 Per St Peter Hobbs Le StPBuildi n 435.04 To Genera l Fund To Genera l Fund To St Peters Bui Idin Audio Des 2 350.79 Minist frainin 6 781.55 Fund StPHobbs Des 560.38 To Genera l Fund &Tr2inin Church ard General Des 2 350.79 Per Mi nistr Unr 800.69 To General Fund To General To St Peters Buildin SPFNG 298.14 Advent A eal -6 781.55 Fund StPHtsbbs 6.781.55 To St Peters Building Fund StPHobbs Fixed A55et5 al Tangible Fixed Assets- The PCC does not have any Tangible Fixed Assets bl Fixed Asset Investments- The PCC does not have any Fixed Asset Investments Liabilities due within one ear 2024 2023 2022 Common Fund Agency 1,198 490 Totsl 1,198 490 Page 23
Summary of Assets by Fund 2024 Unrestricted General fund Degnated Peely Tots St Barnabas Building Fund St Pau15 BuildinE Fund St Peters Hobbs Legacv Restricted CCLA Clothe(J In Kindness St Peters Bell ICAFI Youth Worker Fund 20,191 20.191 29.641 644 3.935 14421 644 3,935 14421 392 3,756 14421 9,390 22,206 604 3,373 5,276 22,206 604 3,373 5,276 22,206 604 3,353 11.5561 Total funds 24,330 31.460 55,791 67.348 Summary of Assets by Fund 2023 Unre5tritted General fund De518nated Audio Visual Equipment- Inadive Barnabas Special - Inactive Churchyard- Inactive Holiday Club- Inactive Let There Be Light- Advent Appeal Inactive Ministry And Training- Inactlve Peely Tots Reaching New Generations- Inactlve st Barnabas Building Fund St Barnabas Christmas Tea St Pauls Bullding Fund St Peters Building Fund - Inactive St Peter5 Hobbs Legacy Restricted Agency collection CCLA Clothed In Kirtdness 5t Peters Bell ICAFI Youth Worker Fund 29.641 29,641 13,057 435 560 298 2,351 188 801 3,757 393 393 3,757 3,757 14411 14411 13601 16,7821 16.418 9,391 9.391 22,207 604 3.353 11,5561 22,207 604 3.353 11,S561 21,453 604 3,353 16.294 Total funds 42,740 24.609 67,349 72.427 Page 24
SOFA- Re[PtS & Payments Comparatlves IPrevious Year 20231 Recelpts and Payments Account 2023 Unrestrlcted RèstrScted Endowment funds funds funds 2023 2022 Receipts: Donations and legacies Income from charitable activities Other trading activities Investments Other in¢ome Total income 99,790 22,882 6,032 ID5,822 22,882 9),513 14,371 460 460 13,277 1,429 129,165 119,591 122,672 6.492 Paymènts: Raising funds Expenditure on charitable artivities Other expenditure Total Èxpendlture 110,361 23.882 134.243 141,580 iio.a61 23.882 134.243 141.580 Net Income I lexpendlturel resources before transfer 12.311 117,3901 15,0781 121.9891 Transfèrs Gr055 transfers between funds- in Gr055 transfers between funds- out Other reco8nised 8ains110s5es Gains/losses on investment assets Gains on revaluation. fixed assets. charity's own use Net movement in furKIs 11,227 111,5201 293 11,520 24.833 111,5201 124,8331 2,510 132,8531 15.0781 152,3321 12,018 117.0961 Total funds brought forward 30.722 41.705 72A27 124,7S9 Total funds carried forward 42.740 24.609 67.349 72,427 Page 25