CHARITY REGISTRATION NUMBER: 1195964
Crosby on Eden Parochial Church Council Unaudited Financial Statements
31 December 2024
GORDON CONSULTANCY LIMITED
Chartered accountants Briar Lea House Brampton Road Longtown Carlisle Cumbria CA6 5TN
Crosby on Eden Parochial Church Council
Financial Statements
Year ended 31 December 2024
| Page | |
|---|---|
| Trustees' annual report | 1 |
| Independent examiner's report to the trustees | 3 |
| Statement of financial activities | 4 |
| Statement of financial position | 5 |
| Notes to the financial statements | 6 |
| The following pages do not form part of the financial statements | |
| Detailed statement of financial activities | 17 |
| Notes to the detailed statement of financial activities | 19 |
Crosby on Eden Parochial Church Council
Trustees' Annual Report
Year ended 31 December 2024
The trustees present their report and the unaudited financial statements of the charity for the year ended 31 December 2024.
Reference and administrative details
Registered charity name Crosby on Eden Parochial Church Council Charity registration number 1195964 Principal office St John-the-Evangelist Church Crosby-on-Eden
The trustees
Mr K Hampson Mrs B Crozier Mrs J Davies Mr R Gordon Mrs D Hampson Mrs L Nattrass Rev P Rogers Mr R Telford Mrs A Watson Mrs A Woodmass Mrs S Hetherington (Retired 5 May 2024)
Company secretary Mrs J Davies Independent examiner Miss J Clark Briar Lea House Brampton Road Longtown Carlisle Cumbria CA6 5TN
Structure, governance and management
The Parochial Church Council holds regular meetings in order to maintain the Church, and its assets.
Objectives and activities
The Parochial Church Council continues to raise funds on behalf of the church in order to maintain the building and the regular church services.
Achievements and performance
The church maintained its income and regular expenditure in line with previous years.
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Crosby on Eden Parochial Church Council
Trustees' Annual Report (continued)
Year ended 31 December 2024
Financial review
The church maintains the parish magazine accounts. As these accounts are in the name of the church it was decided during the year to show these funds as a restricted fund. The balance from previous years brought forward has been included as exceptional income in the year. The balance of these funds is for the use of the parish magazine. When funds allow a donation is made from the fund to the three parishes. At this point, the income will be transferred to the unrestricted fund.
The current value of the investments held by the church was calculated at the year end and included in the accounts as a revaluation.
Plans for future periods
The Council continues to hold fundraising events as well as holding regular collections at church services inorder to maintain the funds to fulfil its objectives.
The trustees' annual report was approved on 4 May 2025 and signed on behalf of the board of trustees by:
Mrs J Davies Trustee
Mr R Gordon Trustee
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Crosby on Eden Parochial Church Council
Independent Examiner's Report to the Trustees of Crosby on Eden Parochial Church Council
Year ended 31 December 2024
I report to the trustees on my examination of the financial statements of Crosby on Eden Parochial Church Council ('the charity') for the year ended 31 December 2024.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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the financial statements do not accord with those records; or
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the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Miss J Clark Independent Examiner
Briar Lea House Brampton Road Longtown Carlisle Cumbria CA6 5TN
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Crosby on Eden Parochial Church Council
Statement of Financial Activities
Year ended 31 December 2024
| Year ended | 31 December 2024 | 31 December 2024 | ||||
|---|---|---|---|---|---|---|
| 2024 | 2023 | |||||
| Unrestricted | Restricted | Endowment | ||||
| funds | funds | funds | Total funds | Total funds | ||
| Note | £ | £ | £ | £ | £ | |
| Income and endowments | ||||||
| Donations and legacies | 4 | 8,447 | 20,380 | – | 28,827 | 15,817 |
| Other trading activities | 5 | 453 | 4,022 | – | 4,475 | 3,054 |
| Investment income | 6 | 3,475 | 361 | – | 3,836 | 3,367 |
| Other income | 7 | 1 | – | – | 1 | 1 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| Total income | 12,376 | 24,763 | – | 37,139 | 22,239 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| Expenditure | ||||||
| Expenditure on raising funds: | ||||||
| Costs of other | ||||||
| trading activities | 8 | – | 3,120 | – | 3,120 | 3,092 |
| Expenditure on | ||||||
| charitable activities | 9,10 | 19,724 | 2,230 | – | 21,954 | 15,065 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| Total expenditure | 19,724 | 5,350 | – | 25,074 | 18,157 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| Net income | (7,348) | 19,413 | – | 12,065 | 4,082 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| Transfers between funds | (112,284) | – | 112,284 | – | – | |
| Other recognised gains | and | losses | ||||
| Gain / (loss) on valuation | of | |||||
| investments | 3,581 | – | – | 3,581 | 9,400 | |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| Net movement in funds | (116,051) | 19,413 | 112,284 | 15,646 | 13,482 | |
| Reconciliation of funds | ||||||
| Total funds brought forward | 121,722 | 12,990 | – | 134,712 | 121,230 | |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ||
| Total funds carried forward | 5,671 ৶৶৶৶৶৶৶৶৶ |
32,403 ৶৶৶৶৶৶৶৶ |
112,284 ৶৶৶৶৶৶৶৶৶ |
150,358 ৶৶৶৶৶৶৶৶৶ |
134,712 ৶৶৶৶৶৶৶৶৶ |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 6 to 15 form part of these financial statements.
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Crosby on Eden Parochial Church Council
Statement of Financial Position
31 December 2024
| 2024 | 2023 | |||
|---|---|---|---|---|
| Note | £ | £ | £ | |
| Fixed assets | ||||
| Investments | 15 | 112,284 | 108,703 | |
| Current assets | ||||
| Debtors | 16 | 1 | 1 | |
| Cash at bank and in hand | 38,073 | 26,008 | ||
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |||
| 38,074 | 26,009 | |||
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |||
| Net current assets | 38,074 | 26,009 | ||
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | |||
| Total assets less current liabilities | 150,358 | 134,712 | ||
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | |||
| Funds of the charity | ||||
| Endowment funds | 112,284 | – | ||
| Restricted funds | 32,403 | 12,990 | ||
| Unrestricted funds | 5,671 | 121,722 | ||
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | |||
| Total charity funds | 17 | 150,358 ৶৶৶৶৶৶৶৶৶ |
134,712 ৶৶৶৶৶৶৶৶৶ |
These financial statements were approved by the board of trustees and authorised for issue on 4 May 2025, and are signed on behalf of the board by:
Mrs J Davies Trustee
Mr R Gordon Trustee
The notes on pages 6 to 15 form part of these financial statements.
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Crosby on Eden Parochial Church Council
Notes to the Financial Statements
Year ended 31 December 2024
1. General information
The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is St John-the-Evangelist Church, Crosby-onEden.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. Its financial statements are consolidated into the financial statements. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102:
(a) No cash flow statement has been presented for the company.
(b) Disclosures in respect of financial instruments have not been presented.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
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Crosby on Eden Parochial Church Council
Notes to the Financial Statements (continued)
Year ended 31 December 2024
3. Accounting policies (continued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
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income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
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legacy income is recognised when receipt is probable and entitlement is established.
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income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
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income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
-
expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
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expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
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other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Investments
Unlisted equity investments are initially recorded at cost, and subsequently measured at fair value. If fair value cannot be reliably measured, assets are measured at cost less impairment.
Listed investments are measured at fair value with changes in fair value being recognised in income or expenditure.
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Crosby on Eden Parochial Church Council
Notes to the Financial Statements (continued)
Year ended 31 December 2024
3. Accounting policies (continued)
Investments in associates
Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses.
Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value taken through income or expenditure. Where it is impracticable to measure fair value reliably the cost model will be adopted.
Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.
Investments in joint ventures
Investments in jointly controlled entities accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses.
Investments in jointly controlled entities accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value taken through income or expenditure. Where it is impracticable to measure fair value reliably the cost model will be adopted.
Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the joint venture arising before or after the date of acquisition.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cashgenerating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.
Financial instruments
A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.
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Crosby on Eden Parochial Church Council
Notes to the Financial Statements (continued)
Year ended 31 December 2024
3. Accounting policies (continued)
Financial instruments (continued)
Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.
Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.
For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4. Donations and legacies
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2024 | |
| £ | £ | £ | |
| Donations | |||
| Church Fees | 2,965 | – | 2,965 |
| Harvest Festival sale | – | – | – |
| Other fundraising | 902 | – | 902 |
| Hayley Sisters | – | 804 | 804 |
| Soup Day | – | 892 | 892 |
| Queens Dinner | – | – | – |
| Treadmill Event | – | 3,010 | 3,010 |
| Gifts | |||
| Gift Aid | 916 | 674 | 1,590 |
| Collection - Services | 3,475 | – | 3,475 |
| In Memorium | 189 | – | 189 |
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Crosby on Eden Parochial Church Council
Notes to the Financial Statements (continued)
Year ended 31 December 2024
4. Donations and legacies (continued)
| Unrestricted | Restricted | Total Funds | ||
|---|---|---|---|---|
| Funds | Funds | 2024 | ||
| £ | £ | £ | ||
| Grants | ||||
| Grants receivable for building improvements | – | 15,000 | 15,000 | |
| Conservation Fund | – | – | – | |
| ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| 8,447 | 20,380 | 28,827 | ||
| ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2023 | ||
| £ | £ | £ | ||
| Donations | ||||
| Church Fees | 2,731 | – | 2,731 | |
| Harvest Festival sale | 581 | – | 581 | |
| Other fundraising | 318 | 328 | 646 | |
| Hayley Sisters | – | 1,181 | 1,181 | |
| Soup Day | 315 | 670 | 985 | |
| Queens Dinner | – | 900 | 900 | |
| Treadmill Event | – | – | – | |
| Gifts | ||||
| Gift Aid | 1,225 | – | 1,225 | |
| Collection - Services | 2,775 | – | 2,775 | |
| In Memorium | 477 | – | 477 | |
| Grants | ||||
| Grants receivable for building improvements | 3,920 | – | 3,920 | |
| Conservation Fund | 396 | – | 396 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| 12,738 | 3,079 | 15,817 | ||
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| 5. | Other trading activities | |||
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2024 | ||
| £ | £ | £ | ||
| Club 200 | 229 | – | 229 | |
| Parish magazine income | 224 | 4,022 | 4,246 | |
| ৄৄৄৄ | ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ||
| 453 | 4,022 | 4,475 | ||
| ৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ||
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2023 | ||
| £ | £ | £ | ||
| Club 200 | 155 | – | 155 | |
| Parish magazine income | – | 2,899 | 2,899 | |
| ৄৄৄৄ | ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ||
| 155 | 2,899 | 3,054 | ||
| ৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ |
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Crosby on Eden Parochial Church Council
Notes to the Financial Statements (continued)
Year ended 31 December 2024
6. Investment income
| Unrestricted | Restricted | Total Funds | |||
|---|---|---|---|---|---|
| Funds | Funds | 2024 | |||
| £ | £ | £ | |||
| CBF Deposit Fund | 3,249 | – | 3,249 | ||
| Bank Interest | 226 | 361 | 587 | ||
| ৄৄৄৄৄৄৄ | ৄৄৄৄ | ৄৄৄৄৄৄৄ | |||
| 3,475 | 361 | 3,836 | |||
| ৶৶৶৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶৶৶৶ | |||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2023 | |||
| £ | £ | £ | |||
| CBF Deposit Fund | 3,154 | – | 3,154 | ||
| Bank Interest | 45 | 168 | 213 | ||
| ৄৄৄৄৄৄৄ | ৄৄৄৄ | ৄৄৄৄৄৄৄ | |||
| 3,199 | 168 | 3,367 | |||
| ৶৶৶৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶৶৶৶ | |||
| 7. | Other income | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2024 | Funds | 2023 | ||
| £ | £ | £ | £ | ||
| School Field Rent | 1 | 1 | 1 | 1 | |
| ৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶ | ||
| 8. | Costs of other trading activities | ||||
| Restricted | Total Funds | Restricted | Total Funds | ||
| Funds | 2024 | Funds | 2023 | ||
| £ | £ | £ | £ | ||
| Parish magazine expenses | 3,120 | 3,120 | 3,092 | 3,092 | |
| ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ||
| 9. | Expenditure on charitable activities | by fund type | |||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2024 | |||
| £ | £ | £ | |||
| Church activities | 19,580 | – | 19,580 | ||
| Support costs | 144 | 2,230 | 2,374 | ||
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |||
| 19,724 | 2,230 | 21,954 | |||
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | |||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2023 | |||
| £ | £ | £ | |||
| Church activities | 14,673 | – | 14,673 | ||
| Support costs | 330 | 62 | 392 | ||
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |||
| 15,003 | 62 | 15,065 | |||
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶৶৶৶৶ |
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Crosby on Eden Parochial Church Council
Notes to the Financial Statements (continued)
Year ended 31 December 2024
10. Expenditure on charitable activities by activity type
| Activities | ||||
|---|---|---|---|---|
| undertaken | Total funds | Total fund | ||
| directly Support costs | 2024 | 2023 | ||
| £ | £ | £ | £ | |
| Church activities | 19,580 | – | 19,580 | 14,673 |
| Governance costs | – | 2,374 | 2,374 | 392 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| 19,580 | 2,374 | 21,954 | 15,065 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ |
11. Independent examination fees
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Fees payable to the independent examiner for: | ||
| Independent examination of the financial statements | 50 | 50 |
| ৶৶৶৶ | ৶৶৶৶ |
12. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows: 2024 2023 £ £
The trustees of the charity are volunteers and receive no remuneration.
The average head count of employees during the year was 11 (2023: 13). The average number of full-time equivalent employees during the year is analysed as follows:
2024 2023 No. No. Volunteers 11 13 ৶৶৶৶ ৶৶৶৶
No employee received employee benefits of more than £60,000 during the year (2023: Nil).
13. Trustee remuneration and expenses
No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.
14. Transfers between funds
During the year the subscriptions paid in the three parishes for the parish magazine was returned to each parish. The amount repaid to Crosby on Eden PCC is shown as a transfer from the restricted fund.
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Crosby on Eden Parochial Church Council
Notes to the Financial Statements (continued)
Year ended 31 December 2024
15. Investments
| Other | |
|---|---|
| investments | |
| £ | |
| Cost or valuation | |
| At 1 January 2024 | 108,703 |
| Additions | – |
| Fair value movements | 3,581 |
| ৄৄৄৄৄৄৄৄৄ | |
| At 31 December 2024 | 112,284 |
| ৶৶৶৶৶৶৶৶৶ | |
| Impairment | |
| At 1 January 2024 and 31 December 2024 | – |
| ৶৶৶৶৶৶৶৶৶ | |
| Carrying amount | |
| At 31 December 2024 | 112,284 |
| ৶৶৶৶৶৶৶৶৶ | |
| At 31 December 2023 | 108,703 |
| ৶৶৶৶৶৶৶৶৶ |
All investments shown above are held at valuation.
16. Debtors
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| School Field Rent | 1 | 1 |
| ৶৶৶৶ | ৶৶৶৶ |
17. Analysis of charitable funds
| Unrestricted funds | ||||||
|---|---|---|---|---|---|---|
| At | Gains and | At | ||||
| 1 | Jan 2024 | Income | Expenditure | Transfers | losses | 31 Dec 2024 |
| £ | £ | £ | £ | £ | £ | |
| General funds | 121,722 | 12,376 | (19,724) | (112,284) | 3,581 | 5,671 |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | |
| At | Gains and | At | ||||
| 1 | Jan 2023 | Income | Expenditure | Transfers | losses | 31 Dec 2023 |
| £ | £ | £ | £ | £ | £ | |
| General funds | 111,232 ৶৶৶৶৶৶৶৶৶ |
16,093 ৶৶৶৶৶৶৶৶ |
(15,003) ৶৶৶৶৶৶৶৶ |
– ৶৶৶৶ |
9,400 ৶৶৶৶৶৶৶ |
121,722 ৶৶৶৶৶৶৶৶৶ |
- 13 -
Crosby on Eden Parochial Church Council
Notes to the Financial Statements (continued)
Year ended 31 December 2024
17. Analysis of charitable funds (continued)
Restricted funds
| Restricted funds | ||||||
|---|---|---|---|---|---|---|
| At | Gains and | At | ||||
| 1 Jan 2024 | Income | Expenditure | Transfers | losses | 31 Dec 2024 | |
| £ | £ | £ | £ | £ | £ | |
| Parish Magazine | 672 | 4,021 | (3,180) | – | – | 1,513 |
| Improvements | ||||||
| Fundraisng Fund | 12,318 | 20,742 | (2,170) | – | – | 30,890 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ৄৄৄৄ | ৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| 12,990 | 24,763 | (5,350) | – | – | 32,403 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶৶৶৶৶ | |
| At | Gains and | At | ||||
| 1 Jan 2023 | Income | Expenditure | Transfers | losses | 31 Dec 2023 | |
| £ | £ | £ | £ | £ | £ | |
| Parish Magazine | 928 | 2,898 | (3,154) | – | – | 672 |
| Improvements | ||||||
| Fundraisng Fund | 9,070 | 3,248 | – | – | – | 12,318 |
| ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ৄৄৄৄ | ৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| 9,998 | 6,146 | (3,154) | – | – | 12,990 | |
| ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶৶৶৶৶ | |
| Endowment funds | ||||||
| At | Gains and | At | ||||
| 1 Jan 2024 | Income | Expenditure | Transfers | losses | 31 Dec 2024 | |
| £ | £ | £ | £ | £ | £ | |
| Permanent | ||||||
| Endowment Fund | ||||||
| - CCLA Shares | – | – | – | 112,284 | – | 112,284 |
| ৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | |
| At | Gains and | At | ||||
| 1 Jan 2023 | Income | Expenditure | Transfers | losses | 31 Dec 2023 | |
| £ | £ | £ | £ | £ | £ | |
| Permanent | ||||||
| Endowment Fund | ||||||
| - CCLA Shares | – | – | – | – | – | – |
| ৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶ |
- 14 -
Crosby on Eden Parochial Church Council
Notes to the Financial Statements (continued)
Year ended 31 December 2024
18. Analysis of net assets between funds
| Unrestricted | Restricted | Endowment | Total Funds | |
|---|---|---|---|---|
| Funds | Funds | Funds | 2024 | |
| £ | £ | £ | £ | |
| Investments | – | – | 112,284 | 112,284 |
| Current assets | 5,671 | 32,403 | – | 38,074 |
| ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | |
| Net assets | 5,671 | 32,403 | 112,284 | 150,358 |
| ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | |
| Unrestricted | Restricted | Endowment | Total Funds | |
| Funds | Funds | Funds | 2023 | |
| £ | £ | £ | £ | |
| Investments | 108,703 | – | – | 108,703 |
| Current assets | 13,019 | 12,990 | – | 26,009 |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | |
| Net assets | 121,722 | 12,990 | – | 134,712 |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ |
- 15 -
Crosby on Eden Parochial Church Council
Management Information
Year ended 31 December 2024
The following pages do not form part of the financial statements.
- 16 -
Crosby on Eden Parochial Church Council
Detailed Statement of Financial Activities
Year ended 31 December 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Income and endowments | ||
| Donations and legacies | ||
| Church Fees | 2,965 | 2,731 |
| Harvest Festival sale | – | 581 |
| Other fundraising | 902 | 646 |
| Hayley Sisters | 804 | 1,181 |
| Soup Day | 892 | 985 |
| Queens Dinner | – | 900 |
| Treadmill Event | 3,010 | – |
| Gift Aid | 1,590 | 1,225 |
| Collection - Services | 3,475 | 2,775 |
| In Memorium | 189 | 477 |
| Grants receivable for building improvements | 15,000 | 3,920 |
| Conservation Fund | – | 396 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| 28,827 | 15,817 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| Other trading activities | ||
| Club 200 | 229 | 155 |
| Parish magazine income | 4,246 | 2,899 |
| ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | |
| 4,475 | 3,054 | |
| ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | |
| Investment income | ||
| CBF Deposit Fund | 3,249 | 3,154 |
| Bank Interest | 587 | 213 |
| ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | |
| 3,836 | 3,367 | |
| ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | |
| Other income | ||
| School Field Rent | 1 | 1 |
| ৄৄৄৄ | ৄৄৄৄ | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| Total income | 37,139 | 22,239 |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ |
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Crosby on Eden Parochial Church Council
Detailed Statement of Financial Activities (continued)
Year ended 31 December 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Expenditure | ||
| Costs of other trading activities | ||
| Parish magazine expenses | 3,120 | 3,092 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| Expenditure on charitable activities | ||
| Legal and professional fees | 2,205 | 240 |
| Other interest payable and similar charges | 169 | 152 |
| Administration | 886 | 546 |
| Light & heat | 2,257 | 1,582 |
| Parish offering | 7,750 | 7,500 |
| Insurance | 1,536 | 1,469 |
| Church Maintenance | 4,718 | 2,881 |
| Church and organist fees | 1,005 | 587 |
| Brampton Team | 1,320 | – |
| Sponsorship | 108 | 108 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| 21,954 | 15,065 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| Total expenditure | 25,074 | 18,157 |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| Net income | 12,065 | 4,082 |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ |
- 18 -
Crosby on Eden Parochial Church Council
Notes to the Detailed Statement of Financial Activities
Year ended 31 December 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Costs of other trading activities | ||
| Parish magazine expenses | ||
| Parish magazine expenses | 3,120 | 3,092 |
| ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | |
| ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | |
| Costs of other trading activities | 3,120 | 3,092 |
| ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | |
| Expenditure on charitable activities | ||
| Church activities | ||
| Activities undertaken directly | ||
| Parish administration | 886 | 546 |
| Light & heat | 2,257 | 1,582 |
| Parish offering | 7,750 | 7,500 |
| Insurance | 1,536 | 1,469 |
| Church Maintenance | 4,718 | 2,881 |
| Church and organist fees | 1,005 | 587 |
| Brampton Team | 1,320 | – |
| Sponsorship | 108 | 108 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| 19,580 | 14,673 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| Governance costs | ||
| Governance costs - legal and other professional fees | 2,205 | 240 |
| Governance costs - other finance costs | 169 | 152 |
| ৄৄৄৄৄৄৄ | ৄৄৄৄ | |
| 2,374 | 392 | |
| ৄৄৄৄৄৄৄ | ৄৄৄৄ | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| Expenditure on charitable activities | 21,954 | 15,065 |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ |
- 19 -