I STOCKTON PARISH CHURCH THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF STOCKTON PARISH CHURCH ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 THE PAROCHIAL CHURCH COUNCILOF THE ECCiESIASTICAL PARISH OF STOCKTON PARISH CHURCH TABLE OF CONTENTS FOR ThE YEAR ENDED 31 DECEMBER 2024 Trustees Report Ito4 Independent Examiners Report Statement of Financial Artivities Balance Sheet Notes to the Financial Staternents 8t015 TRUSTEES. ANNUAL REPORYFOR TME PAROCHIALCHURCH COUNCIL OFTHE ECCLESIASTICAL PARISH OFSrocKrchN PARISH CHURCH FOR THE YEAR ENDED31 DECEl4qBER 2024 mlniAra Infomiaiion Stockton Parish Church 15 a Church of En8lind Piri5h Church located on the High Street In Stockton.on.Tees. Cwnty Durhirn. The correspondence addre$5 is High St. stockt9n￿n-TeeS TSI8 ISP. PCC members who have served at any Ymefrom l January 2024 un￿1 the date fhls report was approved are.. In¢umbent'. Rev Mark MSller Ichairnianl Curate.. Rev GraceAclro ChurchWardeThs'. PeterAkers Roh•n Leon Hayle (Until 30 October20241 Parish 5afe8uarding Officer.. Sinenhlanhla Ndlovu (From 15 ju￿ 20241 Elected Members.. Stephen Whitehouse Atainu Eme5t Mh'kan Alison Massev "rsty Mccathie M•thew Bains Richard Donoldx)n (Untll 4 January 20241 Governan Man The Parochial Chur£hCouncil IPCCI isa coTporètebodyestablished bythechurch of En8lond. The Pccoperates undertheParochlal Church Council Powers Meèsure119561 and thechurch Representation Rules. The PCC isa Re8i#ered Charity. Wlth charitynumber 1191990. Membershlp of the PCC Is efjther ex-officio or elected at the Parochlal Church mee￿ng IAPCMI in ￿¢Cr Into lan Ramsey ColE AtadÈMy. has Intrèased en8agÈment Wtth thls support through the year Trmth over 40 yOLsn8 people attendlng a lunchtome ch3plalncy group. 139 younB people engaged in a I week TRUSTEES. ANNUAL REPORT FOR THE PAROCHIAL CHURCH COUNaL OFTHE ECCLESIAsncALPAIIISH OF STOCKTON I>ARISH CHURCH FOR THEYEAR ENDED 31 DECEMBER 2024 afte￿choOl Christlan sports program lead by the ¢hoplaln and supported by an a mlsslon team from Artzona. This was a 8reat opportunlty for youn8 people to parlclpate In sport activltre5 and explore their faith. From this week. many of these young people hè¥* connected wlth the oThEoing mithveek chaplaincy prow510n Within the school. Sad￿. this yearthe school experienced berÈavement of onÈ of thelr young peoplÈ. Durlng this ttme the chaplain was able to provide support lor both puplls and stsfl. The church is also ¢onnetted wlth Tlllary Prlmary School where we support in assemblies c￿erthe next fwyearsthe PCC hopes to increase it's cennectioThs with local primary school in the parish. Thlsyearthe PCC began a recrultment processdeveloping a new fole of Chlldren and Famllles WellbeOngCo-Ordinator. The alm of this roll wasto provlde wellbeing support to local farnilie5, rreating p8thwaysto chLwch at)d devdoping a program ol octiwtie5 for famllles to connect. After two attempts to recruit a witable candidate for the role could not be found. The PCC is revlewing it's stratezy due to the challenges ol reeruitment. hurch Plant ottDber 2022 the PCC planted a Churth. The Way. lead byjohn and Dawn Cottey. wasa 5m811 house church with thevlslon to bulld a network of house churche5 across Teesside. The Way gathered a smèll number of pwple who jourTheyed together for about a year. This joufney came to a natural end In September 2024. experience in planting wa5 wluable and the PCC recognises John and Da%w's falth In ploneerinz thi5 plant. Planung remains a5 key part ol our w5ion as a church as we share the 8ospel wbth the tOWT). Our Agap& group CDn￿nUed lo meet on è Wednesday lunchtlme through the majority of the yeaf. This group provlded a wam soup lunch and refre5hrnents, aswell ès a spacefor the communlty to 8ather and connett. However, towardsthe end of the ye¥r numbersofthose attendlng had decreased, and a number of key volunteersstepped back. Thi5 lead the leadershipteam to r¢vlew the effecttvene55 and publlc bentftt of thi5 work and, in Decembei. a tlecision to Stop this ministry was made. The PCC is t¥kin8 50mÈ time to re￿￿W it's mid-week ministry and It's work wlth those with complex r￿ed$ on the margin5 of souety. Christmas The program of events and services ol the Christma5 period rernain a highllght ol the year. as in prevk)us years. Throvghout the sea50nthe Church opened Inio doorstoo¥er3WQvlsltorslncludlng over IOOOschoolchlldren partlopatingin carol 5ervicesdurin8 the season. It was a joy to be ableto share the 8ood news of the birth of Je5U5 ilrith 50 manythi5 years. Through the season there was an invitatyon to a 'Try Church, Sunday serwtes in Januory, £i￿n8 peoplÈ chance to fijrther explcfe faith after the Christmas season had ended. stival Tees ide The church hèd the yeot opkx)rtvnity thls year to eng2ge wlth the reglcffjal l￿de event'Fe5tfval Tee55ide'. Supported by the Lui5 Palau foundatioth. Ihe event or8anlsed bya collethon of local churche5 in thearea, had theevangelical aimto sharethegospel wlth the ￿ople of Tee5sldethrough an eTrEaee. fvn festival and serles of events. spc made a E5.000 donètion tothe event a5well as supporbng In plannin& tsrgafiisltion and rut)nlng of the festtval. Many of our congregathon Eot involved personally through volunteejlng at the planned events, o¥ by promotingthe event through invitation. The event wasof8re8t success In the area with over 30.000 people attendingihe weelend lont fe5tiv81 and had real benefits ècrossthe region. Thls year the church hdd Alpha tourse$ whlch were attendÈd by 17 people. This course was rnn In parallel wtth 50 other alpha courses •cr055 the reglon in follow up to Fesfjval Teesslde. It was a real success to ie abk to loin wlth other churches for part of the course. The alpha course aims to be an introduction to the Chrishan laith and give people, or all falths or non, a safe space to ask que5tionsand e¥plore theirown beliets. SPC support 6 misslon partners, ih¢ludirtE boih local and oversees mlsslons, through fln3nclal and prayer supporL The Misslon GlvlnB Tearn, who We￿ commissioned by PCC to oversee SPC'S connection with mission partners, came tu an end in 2024 due to CHURai FOR THE YEAR ENDE031 DKEI*ER•) team ffernbers n)owni on. Th• PCC1s rCnSld￿￿¢ts.S strixturnst• p￿dela￿d ftK•n•yth￿I•ftJ deeknrt mib*¥ln Dth•r n¥s5kns. C*¥dopin¢ ￿ pr4yTrod￿4 salw4rdlnicuh￿tels•1Eypr10rthtIQr￿SlsI churrh.5afesu•r&n¢(onthu*stO￿O stafidar derttern •i•ll PCC ￿adErS￿P meettr45. Asa thutthweusetheth¥￿hofEns￿ndParSSh￿lè8v4tdl￿ D•lhboardtyÈn￿re￿tarttOthpl1onI withrnandatorysafo4UatdlhS stsndards. Ttywords the ¢nd of 2024 ihe pwlsh 4ashb•￿ Vds updates to ind￿? S sTa￿ardS of sml ￿le¢￿ard￿¥￿Tra%¢É. ThrouAh 2Q25 tne PCC Will be Wo￿1￿& tOW4rds •AsvTrn¢ th•t ar* ntst t)nly tompnant *lth all mind•¢tyY Mfew•fdi 0￿￿rements buthJ%t•lso standards of 8oc*Y pr*w. As of tht end 012024 the C￿rth isnot 4ry a￿￿n8 5èfe¢u•rdifq VS¢$•Ad h•s th¢&4en%50f yfe8u•r*in¥ torem. Toui rt¢EiWS ors urtrt51rK￿ Ivnd$ 4*tre £136.671 12023.. £1(q92SI of whkh £107,895 12021. £13SMI w•$ unr¢tt¢* ￿￿UnrarydQn4tkn￿s￿IAdUdinl iiftobl •ndafurtfr*r £14,56512023.. £13.IWI w•$ fru>8Nnt IrKom¢ Resiriae4 y4nts ar￿ doNtions 01 £85,591 12QZ3'. £93.1¢8 Ireststédll wÉYe also rtteryed. th* of bEinK BTanl% •cludtni ik7m ifwe from Ovrhom Dvx¢sp to crrrt( s*l•rfes. fft ¥4d￿b￿n tu 8rn7ts ksr Chlklr•n 4rwJ Flmlliu W¢llbeini C I￿1￿•t01 aTrJ (wfoof r¢pIl￿ l)etsllsof these funds 1Trl I￿r ￿rpose afedisdosed knth* FirtorKial Staterb*ni5. To￿1 eypendirure 01 £147.845 12023.. £I48.2041 *•5 spert Irom ¥WeStr￿lId fvnds to Chth'•n MIr￿stry. kKhJdi eomrlbvtron tothe of Purb•mof£54,95512023: £50.OLKII. Wwe trnndErs. theft Wa5 3 net ¢Ypenditure efi ¥ThE5tr1ctsd fvrlls of É11,17412023.. £12.7221 and e¥¢enthlur¢ ( lrilledlunds ol£l.X1212013.' netiots)me on restAet¢d fvms 01 £4541. As a r*sulL total r￿the$ oettpa5td by £12.47612023= inueay 01£13.1761. 1115 PCCpOl￿Y totryto ffjalnt•in a bal•Trce free reserveslnrtCUfr•)110¢1sS whlch •qv¥tes toaikiit SLxn)ofith%' ￿J¥*$t1￿% prynentsto smooth flumitions ¢0 rneer em&rypnge& ThS$1S ¢0 be £75,C(Kl. bwn¢e ofth?free reser**S•ithe yew •fid wos £70.39612023.' £73.111) **i¢h ￿M)r•I￿OIsy ￿$th•Tr th4sTafyt. Apwtyrf•J èy tht ParocN•l (hurth coun￿ on J4" ￿rI1 21f254nd ￿￿ÉdtyIlts behaff by: Rr¢ Miller Ruhan Havk ChurchW•rd¢ INDEPENDENT EXAMINEWSREPORTTOTHE TRUSTEES OF ThE PAROCMIALCHURCH COUNCILOFTHE ECCLESIAWICAL PARISH OF STOCKfoN PARISH CHURCH FOR TNEYEAR ENDED 31 DECEMBER 2024 I report to the rnembers ofthe PCC on my examlnatton of the accounts of the Pccfortheyear ended 31st Deternber 2024. sibir1￿esafid b•si50f re As members of the PCC are re5pon5ible for the prEpar)tion of the actounts in accordance ￿th the requirernents of the Charitie5Act 20111'the 2011 Art'l. I report in respertof my examination of the PCC'S •¢¢ounts ¢arried Dut wder secfjon 145 of the 2011 Act and in urryinB out rnv examination I havefollowed all the applicable Directions 8i¥en by the Charity Cemmis%oTh under section 14ySllbl of the A¢t. de qndert•xamlnqr'5 I have completed myexamSnation. I confirm that no matters have ¢ometo Myatten￿On Intonthection %wth the examIna￿on £fving me tauseto belleve: accounttng recordswere not kept in respett of the PCC as rewired by section 130 01 theArt.' or the accounts do not accord with these ￿cOrdS., or the account5 do notcomply with the applicable requirernentsconcerThin8theform ¢orfeffl of accounts set out in the Chalthes (Accounts and Report51 Regula￿0￿5 2008 other than any requi￿rnent that the accounts ￿¥¢ a 'true and fai vlew whith is not a Matter wnsiderÈd Ès part of an independent examlnation. I have ￿ concern5and have com2 è¢r05s no ￿h￿rmatterS In connethonwSth theexamlnètlon to which attention should be drawn In thls report in order to enable a proper understandln8 of the accounts to be reached. Mis Lynne Dlck50n FCA J8CAccouniants Limited Chartered Accountants 38 Lockheed Court Preston Far Stocknon on Tees TS18 3SH Date.. .TLly.ao.as THE PAROCHIALCHURCH COUNCIL OF THE ECCLESIAStICAL PARISH OF sfocKTON PARISH CHURCH STATeMENTOF FINANCIAL A￿1VrrIEs FOR THE YEAR ENDED 31 DECEMBER 2024 nrestrlcted Funds Restricted Funds 2024 INCOMING RESOVRCES In¢omln8 resources trom gentrattd fvnds Voluntary income Aciivftles for generating funds Incorne from iThvestments resources from charltable actlvltles Church activities 21al 21bl 122,460 794 85.591 208A151 241,257 1.228 8.255 10.499 IOA99 21dl 2.918 2.918 3.194 TOTAL INCOME 136.671 85.591 222262 253.934 RESOURCES EXPENDED Costs ofgenerdtln8 funds Churih artI￿tieS 147.845 86.893 234.738 240.758 TOTAL EXPENDITURE 147,845 86.893 234.738 240,758 NETINCOMVIEXPENDIWREI BEFORE TRANSFERS 111.1741 11.3021 18,4591 112A76 13.176 TRANSFERS BETWEEN FUNDS 8.459 NEfMOVEMENTIN FUNDS 12.7151 19.7611 27.407 112876 13.176 TOTAL FUNDS BROUGHT FORWARD PRIOR YEAR ADJUSTMENT IHEAMNG LOANI 73.111 l(Kl.518 82,30Z 5.040 TOTAL FUNDS CARRIED FORWARD 70,396 17,646 88042 100.518 THE PAROCHIAL CHURCH COUNCIL OFTHE EcaESIASTICAL PARISH OF STOCKfoN PARISH CHURCH BALANCE SHEET AS AT 31 DECEMBER 2024 Total 2024 Total 2023 CURRENT ASSETS Debtors and prepayments Cash at bank and in hand 18A34 83.277 20.414 95,396 101.711 115,810 CURRENT LIABILITIES Creditor5- amounts fallin8 due within one year 13,669 15.292 NEf A55Et5 88042 100,518 PARISH FUNDS unrestricted fund5 Restricted funds 70A96 17.646 73,111 27.407 TOTAL FUNDS 88,IM2 100.518 Approved by the Parochial Church Council on 14 April 2025 and signed on its behalf by.. Rev Mark Miller Chairman 7he notes on page5 8 to 15 form part of these accounts. THE PAROCHIALCHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF STOCKTON PARISH CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR ThE YEAR ENDED 31 DECEMBER 2024 ACCOUPITING POUCIES Ba$15 of preparat5on The PCC is a public beneflt entity within the Mean￿n8 of FRS102. The financlal statements have been prepared underthe CharitiesAct 2011 and in aCcordan￿with Ihe Church Accounting Regulations 21)06 governing the individual accounts of PCCS, and with the Regulations'-true and fair vievl provisions. togetherwr(h FR5102120161 as the applicable accounting stsndards and the 2016 yerston of the Statement of Recommended Practice, Accountin8 and ReportSng bv Char*ties ISORP IFRS10211. The financial statements have been prepared under the historfcal cost conventlDn. The financial staternents include all transactions. assets and liabilitie5 forwhich the PCC is iesponsible in law. ThÈy do not include the accounts of churth 8roups thai owe their main affiliation to another body. northosethat are informal gatherings of church members. In¢omln8 tex+ur¢es Gft Aid and other tsx claims are bncluded In the SOFAat the same 1Sme as the cash donations to whlch they relate. Grants, legacies and donatlons are included in the SQFA when any preeonditions preveffling their use by the PCC have been met. For collections and planned givlng thls is when the funds are received. Funds raised from events, tradin8 ènd church activities are reported 8r05s in the SOFA before any related costs that may have been dedurted from the gross proceeds. Rental income from the lettin8 of the church facilitie5 is reco8ni5ed when the rental is due. Investment income is included in the accounts when r￿e1vable. Expenditur• Grants payable are recognised in the account5 when a commitment has been made eyiernally and there are no pre- corbditions still to be met for entitlement to the grant whith rernain wlthin the control of the pcc. orherchurch attivity expenditure retognised in the per￿d to which it relates. Fees collected In the-aBency- capacity for the se￿ceS of ver8ers at weddings and/orat funerals are not included in the financial statements when the money is pald over In fvll dlrectly to those involved. All expenditure 15 allocated to activity Cost c8te8ories on a basss consistent with the use of resources. Fixed assets Consecrated ènd beneflce property is excluded from the statutory definition of ~charity- by Section 10121 lal and Icl of the Charities Act 2011. and such asset5 are not eapitalised in the financial statements. Movable church furnishings held by the ￿lcar and churchwardens on special trust forthe PCC and which require a taculty for disposal are inalienable property. listed in the church's inventory, which can be inspected lat any reasonable timÈl. For anythin8 acqtsired prior to 2021 there is insufficient cost infomètion available and therefore such Issets are not valued in the financial statements. In future years any indNidual item with a cost more than £2.OOOwill be treated as a frAed asset and depreciated on a stral8ht1Sne basis overfour years. and items with costs below this amount will be written off when incurred. THE PAROCHIAL CHURCH COUNCIL OFTHE ECCiESIASTICAL PARISH OF STocKfoN PARISFI CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 ACCOUNTING POLICIES Icontlnued} Debtors Debtors includetrade and other receivables, which are initialty measured at transaction price and are subsequently MeaSu￿d at thelr recoverable amounts. Cash at b￿k 8nd In hand Cash at bank and in hand includes cash. deposit5 held at call with bank5 and other short-term liouid investment5. Credltor5 Liabilities include trade and other payables and a￿ inltlally measured at transaction price, and are subsequently measured at amort15ed cost ustn8 the effective interest method. Liabllltlesare recognlsed as soon as there is a legal OT construrtive obligation and settlement is probable and quantifiable. Uabilities ale derecognised when, and only when, the obligations are dixharged, tancelled. orthev Fund5 Restricted Funds comprise revenue donations or qraNs that must be spent on a specific PCC activtty intended bythe donor. Purposes and details of the lunds held and restrictions provided are sfv)wn in the note5 to the account5. Unrestricted Funds represent the remainin8 income funds of the PCC that are available for spending on the general purposes of the PCC. Designated funds are general funds set aside bythe Pccfor use In thefuture. Project funds are deslgnated for particular projects for administration purposes only. Designated funds remain unrestricted and the PCC will move anv surplus to other8eneral funds. ThE PAROCHIALCHURCH COUNCILOF TrIE ECCLESIASTICAL PARISH OF STOCKfoN PARISH CHURCH NOTES TO THE FINANCIAL 5TATEMEPI FOR THE YEAR ENDEO 31 DECEMBER 2024 INCOME Unrestrirted Funds Restrirt•d Funds Total 2024 Total 2023 INCOMING RESOUR 2{al Volyntory Incorne Grft aid Employment allowance Grdnts Planned glvln8 Legacy Collect￿n$ and other giving 17,060 501 5,464 72.658 6.968 17,561 5,464 87,223 91,927 17,791 3,789 86,919 115,648 10,000 7,110 14,565 84,959 5,876 S,876 122A60 85.591 208.051 241257 21bl ArtIv￿leS for 8enerotln8lunds Fundraising events 794 794 1,228 794 794 1228 21cl Income from Inve51rnents Rents received Dividends and interest 10.381 118 10.381 118 8,168 87 10,499 10.499 8,255 21dl Incoming re50urce5from charitable adivliles Church activities Z,918 2,918 3,194 2,918 2.918 3.194 Totsl Incomlng resources 136,671 85,591 222,262 253.934 io ThE PAROCHIAL CHURCH COUNCIL OFTHE ECCLESIAsllcAL PARISH OF STOC￿oN PARISH CHURCH NOTES TO THE FINANCIAL STATEMEMrs FOR THE YEAR ENDED 31 DECEMBER 2024 EXPENDITURE Unre5trFrted Fund5 Restricted Fund5 tal 2023 2024 CHURCH ACTMTIES Dlo¢psan Parfsh Contrlbutlon Diocesan Parish contribution 54,955 $4,955 50,000 Church running tost5 Bell maintenance CCLI Cleaning and sundries Electricity Gas Insurance MaiateThance Refuse and Pest ContrDI Water Consultants Hall refurbishment 315 1,206 1,510 4,864 7,235 5.900 5.363 1.109 968 315 1,206 1.510 4.864 7.235 1,018 1,611 5.500 14.495 5,740 18,883 913 651 13,620 18.983 1.109 320 320 7,013 7.013 35.483 13,940 49A23 49.291 Pétch Street Costs Petch Street costs 3,014 3.014 3,994 Offi¢e ¢05ts Office costs 3,391 3￿3 4.969 Staff costs W8ter rates- Curate Water Tates- Vicar Youth for Chrisr- Interns MEV Employment costs INI. penslon etcl Employee costs Staff expenses 300 911 860 2,585 270 656 125 871 6,628 65,275 7,787 911 2,58S 7,259 65.757 7,259 55.638 359 10,119 4,181 18.956 63.256 82.212 81,612 Dlscipleshlp Discipleship 4,171 3,267 7,438 3,271 THE PAROCHIAL CHURCH COUNCIL OF THE ECCtESIASTICAL PARISH OF STOCI￿ON PARISH CHURCH NOTES TO THE FINANCIALSTATEMENTS FOR THEYEAR ENDED 31 DECEMBER 2024 EXPENDITURE l