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2024-12-31-accounts

Registered Charity No. 1195982

The Parochial Church Council of the Ecclesiastical Parish of

All Saints, Ladbroke

ANNUAL REPORT

prepared for the

Annual Parochial Church Meeting

Sunday 23 March 2025

Contents

Page
Membership of the PCC 3
Vicar’s Report 4
Church Wardens’ Report 5
Spirituality, Family and Community 6
Electoral Roll Report 7
Safeguarding Report 7
Fabric Report 8
All Saints for All Generations Project 9
Heritage and Friendship Group 9
Deanery Synod 10
Southam St James C of E Academy 10
Treasurer’s Report 10
Statutory Information 11

Thank you to all those who have contributed to these reports, and those mentioned in them. They help to demonstrate how much goes on in our Church. We hope that you enjoy reading them.

page 2

Membership of the PCC

The PCC is the legal body responsible for the Church. It is required to operate according to rules, regulations and procedures set out in two pieces of legislation, the Parochial Church Councils (Powers) Measure 1956 (as amended) and the Church Representation Rules (contained in Schedule 3 to the Synodical Government Measure 1969, as amended).

The Church is legally regarded as a Charity and the members of the PCC are regarded as its trustees and carry the responsibilities of Charity Trustees. It is required to be registered with the Charity Commission and is formally registered as “The Parochial Church Council of the Ecclesiastical Parish of All Saints, Ladbroke”, with the charity registration number 1195982.

The membership of the PCC consists of ex-officio members and elected members. All clergy licensed to the Parish, its Church Wardens and Deanery Synod representatives are ex officio members. The number of elected members is determined by the size of the Electoral Roll and are elected annually at the APCM. The PCC is required to appoint a Standing Committee to make any emergency decisions that may need to be made between meetings.

The members of the PCC from 1[st] January 2024 to the date of this report have been as follows:

Ex-officio: Revd. Andy Batchelor Priest-in-Charge Mrs Susan Moore Church Warden Mr Peter Rigby Church Warden Mrs Jenny Rigby Deanery Synod Representative Elected: Mrs Margaret Bosworth Mrs Susan Lord Deanery Synod Representative Mrs Janet Moore Mrs Jackie West Mrs Kathryn Smith (Secretary)

The Church Representation Rules define the principal function, or purpose, of the PCC as “promoting in the parish the whole mission of the Church”.

page 3

Vicar’s Report

Well here we are at another APCM as we reflect on all that the past year has brought and what God may have in store for us in future. Sadly we have said goodbye to some much loved members of Ladbroke church and community including Bill Bosworth, David Rutherford and Sue’s Mum Pat. However, we have also celebrated baptisms and weddings throughout the year, which are always a great joy. Rev Barry’s time with us ended rather sooner than we first thought, but we all appreciated Barry’s ministry and wish him well in his new role.

We have conducted a survey of Ladbroke community the results of which are included in the APCM reports and the PCC are now assessing those views and determining what we need to address in the future. I have conducted a number of assemblies at Southam St James, and Sue Moore has generously agreed to join the governing body, so we have firmed up the church’s links with the school.

As I look around at other rural churches in our diocese, I am always struck by how well Ladbroke fares in comparison. Proportionately we have strong congregation numbers (although that should never be a cause for complacency) and thanks to your generosity and the wise stewardship of Peter, our finances are on a solid foundation. While it would be marvellous to have more children and young people in church, we have to recognise the demographics of our community and make sure we take advantage of those occasions when children are in church.

I want to take this opportunity to thank all those whose hard work and dedication make All Saints what it is, including Sue and Peter our wonderful wardens, Jackie, whose skill and knowledge have contributed so much, David for his technical prowess, Kate who despite her accident and subsequent recovery has always been willing to use her musical skills when needed and Jenny for taking on the responsibility of safeguarding officer. Thank you too to all who serve as welcomers and vergers, and the ladies who contribute to our social occasions with their outstanding baking skills, and to all of you for being so committed to our church. I am also very grateful to Rev Bob, Rev Ann and Margaret for supporting the ministry here.

In the wider benefice, Ufton moves slowly along the path to closure, while Chesterton has joined us this year, and it would be lovely to organise a joint event for our parishes at some point. As you know I also have a wider role in the Deanery and on the DDO team, so I appreciate your support and forbearance as I split my time among various responsibilities.

As a family we said goodbye to Julie’s mum, and to little Tisha as she moved to a new loving family. Although she is thriving we all miss her but are keeping in touch. We also greeted the arrival of our first Grandchild, Wesley, whom I have just returned from visiting and he is a real joy too.

page 4

So we have much to remember and celebrate over the past year, and as we look to the future, we also look to the guidance of the Holy Spirit as we move forward in service and ministry to those around us.

Rev Andy

Church Wardens’ Report

We are very conscious that as a small village church, part of a now four parish benefice, we are blessed to be able to hold weekly worship service, normally of Holy Communion. When we also factor in Rev Andy’s broader responsibilities as Area Dean, the fact that we are able to continue in this way is testament to the wonderful support we receive from Rev Andy and his faithful helpers and we would like to record our thanks to the Revs. Ann, Bob and Barry, Margaret Clarke, Julie and of course Rev Andy himself. We are very grateful to them all for the contributions they make to the life of our Church. We wish Rev Barry well as he has now taken up new responsibilities in Wellesbourne.

Without doubt, our regular worship pattern contributes to the health of our Church and this is demonstrated by the statistics we have to submit annually to the Diocese. The numbers remain similar to last year and we are encouraged that in a village with a population of just over 250, our average Sunday attendance is close to 10% of it and around 30% have an association with the church, attending at least occasionally (part of our “worshipping community”).

2024 2023
Average Sundayattendance(adults) 22 25
Average Sundayattendance(children) 2 2
Our “worshippingcommunity” 78 79
Baptisms 1 3
Weddings 3 0
Funerals 3 4

Our thanks also to all those church members who help in any way they can: welcoming, cleaning, flower arranging and anything else that is necessary. Special thanks to Jackie for all her work as Fabric Officer and unofficial assistant warden, to Kathryn and Jenny for respectively taking on secretarial and safeguarding responsibilities, and to Kate – it is great to have live music again!

Sue Moore and Peter Rigby

page 5

Spirituality, Family and Community

This time last year the churchwardens were working with Rev Barry to design a questionnaire so that we could reach out into the wider community to get different perspectives of what a village Church means to the local residents. With Rev Barry’s departure, this took longer to come to fruition than we had anticipated but we were able to use the Harvest Brunch as an opportunity to canvas the opinions of those who attend church services less regularly, and in the event there were 38 responses, which have since been summarised.

This Summary of Findings is too lengthy to incorporate into this report in full but copies of are available on request. By way of a taster, here is a word cloud showing the three words respondents used to describe our Church:

The PCC have had an initial discussion on the findings and in order to take things forward we want to form a sub group to propose the next steps. We should like this to include some members that are not on the PCC who may be able to bring fresh ideas and skill sets. If you are interested in joining this group, please have a word with Rev Andy or one of the Wardens.

Peter Rigby

page 6

Electoral Roll Report

The Electoral Roll is required to be completely revised every six years and this year is the year of this full revision, meaning that the new Electoral Roll consists only of members that have signed up this year. Often, this process leads to a decrease in the number on the Roll, but I am pleased to report that at the time of writing the provisional number on the new Roll is 39, a net increase of three from the 36 on last year’s Roll. Any further changes will be reported at the meeting.

Janet Moore (Electoral Roll Officer)

Safeguarding

We make Safeguarding a high priority at All Saints Ladbroke. Jenny Rigby is our Safeguarding Officer. Any concerns should be reported to either Jenny or Rev Andy Batchelor. We want to ensure that we keep any children or vulnerable adults in our church community as safe as possible.

We work closely with Coventry Diocese and following their recommendations we have adopted the Church of England’s Safeguarding Policy: ‘Promoting a Safer Church’. The PCC has complied with the duty to “have due regard” to the House of Bishops’ guidance in relation to Safeguarding.

We have a Safer Recruitment Policy and any new staff and volunteers who are working with children and/or vulnerable adults are safely recruited or appointed to roles and are undergo appropriate vetting and barring checks.

We also use the Diocesan Parish Safeguarding Dashboard to monitor our compliance with Promoting a Safer Church and these reviews include reviewing or introducing new policies and procedures, keeping DBS checks up to date and the undertaking of required training by designated staff and volunteers.

The Safeguarding Officer (PSO) reports to the PCC at every meeting to ensure that the PCC is fully informed of progress in this area. In the year being reported on, we have had no reportable safeguarding matters in relation to All Saints Ladbroke. The PSO participates in the PSO network meetings for updates, training and sharing of good practice.

Jenny Rigby

page 7

Fabric Report

After a lot of activity in the preceding few years, 2024 did not see much happening to our church building nor its contents. As mentioned at our last AGM, we replaced 4 roof tiles which had come off at the start of 2024.

Later in the year we tackled a major infestation of carpet moth by disposing of the most badly affected needlework kneelers and started regular, thorough vacuuming of the remaining ones and the pew runners. With the ecologist’s approval we put pheromone traps under pews but to little effect. We can’t use a toxic spray because of the bats (which are protected species), however Sue M has placed lavender heads around as it is reported moths don’t like the smell.

There was another unwelcome visitor in spring 2024. Person(s) unknown repositioned the internal CCTV cameras so they were no longer monitoring what was happening. As it took a while to notice this the appropriate footage had been overwritten but we did correct things within a month and appear to have discouraged any subsequent incidents.

The church architect did his Quinquennial Inspection towards the end of 2024 and made over 50 recommendations. Most were expected and a handful we can do ourselves. The majority of the others we were aware of but they were not part of the Lottery supported work done in 2020-2023 as that concentrated on the tower, chancel clerestory, porch and lychgate. So another round of works has joined the list of infrequent maintenance that we must do in this and coming years, as well as changes to our heating if we are to meet the net zero target set by the CofE.

The usual annual maintenance was done during 2024: fire extinguishers, boilers, gutter cleaning, organ tuning, roof alarms etc. Contractors cut the grass regularly and we had a well attended churchyard working party, something it would be good to do several times a year.

Visitors and those coming for special services often comment, “What a well loved church”. While I may be the person dealing with professionals tackling specialist jobs, I’d like to thank my husband for doing lots of small maintenance tasks and the many other people who clean, look after the prayer corner, provide & arrange flowers, wash linen, polish the brass, play music, decorate the church for special occasions and so much more. It is thanks to these volunteers we can show everyone who come here our love this place and wish to share its sense of God’s peace, joy and presence with them.

Jackie West

page 8

All Saints for All Generations project

We entered the legacy stage of the National Lottery Heritage Fund project in late 2023 with some money from them towards maintenance and on-going heritage activities.

In 2024 the latter were:

2026 will be the 150th anniversary of the George Gilbert Scott restoration of the Ladbroke church and opening of the village school so further heritage-related events are in prospect.

We also used the Ladbroke Heritage label to promote some church events to the wider community, including:

Heritage and Friendship Group

On average 10 of us met at The Old School on the first Wednesday of each month for the last year. These meetings are themed to promote discussion and memories and our themes this year have ranged from ‘things we have made’ through ‘traditions’, ‘the games we used to play’ and ‘fashions’ to ‘eating establishments’. Thus we have seen wrought iron work, an old fox stole and we have heard how Joan dined with King Charles (then Prince) at The Albert Hall.

The meeting which engendered the best thoughts was ‘local characters’ which allowed the members with a long local background to flesh out the characters who are still remembered. Christmas was celebrated with a sit down lunch for 15. We remain very saddened by Linda’s death; she always brought items of interest and knew the history of many of our topics. We greatly miss her contributions. Thanks to the Lottery for their continued support.

Carol Lane

page 9

Deanery Synod Report

Synod has met a number of times over the past year. The Deanery has still had persisting challenges in appointing incumbents to vacant clergy posts resulting in long term cover provided by retired clergy and others; notably for The Bridges and Offchurch Groups. Chesterton church has joined the Deanery. Topics of discussion and visiting speakers over the last year have included:

Jenny Rigby

Southam St James C of E Academy

This has been an extremely challenging year, fraught by staff sickness and shortages. However thanks to the dedication, determination and support from the staff, parents, pupils, governors and the MAT, the school has very deservedly just achieved an outstanding SIAMS report.

At last we have much to celebrate and share including adopting a new curriculum and a successful reading focus, supported by a new library and an association with Your Books. An awareness raising campaign aims to share all the great achievements happening behind the scenes and proactively engage and enthuse parents and attract new governors.

Judy Groves (Foundation Governor)

Treasurer’s Report

The accounts for the year ended 31[st] December 2024 are being distributed with this Annual Report. The total income for the year was £35,335 (2023 - £56,727). Although this is a substantial decrease, this is wholly because of the ending of Heritage Fund grants following the completion of the All Saints for All Generations Project. Total expenditure in the year was £25,275 (2023 - £48,970), the decrease being for the same reason. Overall, our net income (surplus) after taking into account a small gain in investments was £10,155 (2023 – £8,116) and this figure has been added to our reserves.

Our total reserves now stand at £138,080 (2023 - £127,925). It should be noted that 65% of this amount is held in restricted or endowment funds, but nevertheless our unrestricted funds now amount to £47,775, which is approximately equal to two years’ general expenditure.

With the substantial completion of the All Saints for All Generations project, the funds remaining have now been transferred to a Fabric Fund. These funds will continue to be used in accordance with the purposes specified the donors, principally the repair, maintenance and upkeep of our listed building.

page 10

Finally, my thanks again to Steve Copley for being our Independent Examiner and to David Wright for administering our Gift Aid scheme.

Peter Rigby

Statutory information

The PCC, as the trustees of the charity, are required to include certain information in this Annual Report. These statutory requirements are set out below, together with the information or an explanation of how it has been provided.

Objective

The objective of the charity is to promote in the parish the whole mission of the Church. Within the Diocese of Coventry, that Mission is summarised as “Worshipping God – Making new disciples – Transforming communities”.

Activities, achievements and performance

Our activities, achievements and performance during the year have been described in the various reports above. The trustees have had regard to the Charity Commission’s guidance on public benefit and comply with the legal and Diocesan requirements with regard to safeguarding.

Financial review

See Treasurer’s Report above.

Structure, governance and management

See the section entitled ‘Membership of the PCC’ above.

Reference and administrative details

The Charity is formally known as ‘The Parochial Church Council of the Ecclesiastical Parish of All Saints, Ladbroke’ and is registered in England and Wales, number 1195982. Its name is frequently abbreviated to “All Saints, Ladbroke” or “Ladbroke Church”.

The address of the Church is Church Road, Ladbroke, Southam CV47 2DF.

The principal postal address for correspondence is 2 Vicarage Lane, Harbury, Leamington Spa CV33 9HA.

Email: ladbrokechurch@gmail.com

Website: www.ladbrokechurch.org.uk

Signed on behalf of the PCC

Rev A G Batchelor

page 11

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF

ALL SAINTS, LADBROKE

(Registered Charity No. 1195982)

ACCOUNTS

FOR THE YEAR ENDED

31 DECEMBER 2024

CONTENTS

page
Statement of Financial Activities 2
Independent Examiner's Report 2
Balance Sheet 3
Notes to the Accounts 4 - 7

page 1

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LADBROKE YEAR ENDED 31 DECEMBER 2024

STATEMENT OF FINANCIAL ACTIVITIES

Note
Income from:
Donations and legacies
2
Charitable activities
3
Investments
Total
Expenditure on:
Charitable activities
4
Total
(Loss)/Gain on investments
Net income/(expenditure)
Reconciliation of Funds
Total funds brought forward
Total funds carried forward
10
Unrestricted
Funds
£
24,645
2,479
3,729
30,853
23,596
23,596
7,257
40,518
47,775
Restricted
Funds
4,231
277
115
4,623
1,820
1,820
2,803
83,270
86,073
Endowment
Fund
-
-
95
95
4,137
4,232
2024
Total
£
28,876
2,756
3,844
35,476
25,416
25,416
95
10,155
127,925
138,080
2023
Total
£
52,708
2,647
1,372
56,727
48,970
48,970
359
8,116
119,809
127,925

The notes on pages 4 to 7 form part of these Accounts

Report of the Independent Examiner

I have examined these Accounts, Balance Sheet and Notes thereon in conjunction with the books, papers and other information produced. In my opinion the accounts as presented correctly reflect the transactions of All Saints Church Ladbroke during the year ended 31st December 2024 and the Balance Sheet shows the position as at that date.

Signed:

S.G Copley

Date:

22/03/25

page 2

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LADBROKE YEAR ENDED 31 DECEMBER 2024

BALANCE SHEET

Note
Fixed assets:
Investments
7
Current assets:
Debtors
8
Cash at bank and in hand
Liabilities:
9
Net current assets
Net Assets
Funds of the charity:
Endowment fund
Restricted funds
Unrestricted funds
Total charity funds
10
Creditors:amounts falling due in less than one year
2024
£
4,232
5,727
131,902
137,629
(3,781)
133,848
138,080
4,232
86,073
47,775
138,080
2023
£
4,137
5,281
120,521
125,802
(2,014)
123,788
127,925
4,137
83,270
40,518
127,925

Approved by the PCC on 13 February 2025 and signed on their behalf by:

Rev A.G. Batchelor

Revd. A G Batchelor Priest in Charge

The notes on pages 4 to 7 form part of these Accounts

page 3

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LADBROKE YEAR ENDED 31 DECEMBER 2024

NOTES TO THE ACCOUNTS

1. ACCOUNTING POLICIES

(a) Basis of preparation

The accounts have been prepared on the historic cost basis of accounting and in accordance with the Church Accounting Regulations 1997 together with applicable accounting standards and the Charities SORP (FRS 102).

The accounts 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 gatherings of Church members.

(b) Funds

Endowment Fund

The Sabin-Smith Endowment Fund derives from a legacy from the estate of Alfred Edward Sabin-Smith who left a duty to the Coventry Diocesan Trustees (Registered) to invest the legacy and to pay the net annual income arising therefrom to the PCC, for the upkeep of the Churchyard with a request to keep the family graves in good order. Income from the legacy is applied to the Churchyard restricted fund.

Restricted Funds

The charity operates the following restricted funds:

Any grants or donations received for a specific purpose are treated as restricted funds. Any funds designated for a specific purpose by the PCC are treated as unrestricted. These include the Bell Tower Fund and the Choir Fund.

The General Fund represents the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC.

(c) Incoming resources

Voluntary income and capital sources

Collections are recognised when received by or on behalf of the PCC.

Planned giving receivable under covenant is recognised only when received.

Income tax recoverable on covenants or gift aid donations is recognised when the income is recognised.

Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement and the amount due.

Funds raised by events and activities are accounted for gross.

Income from investments

Interest is accounted for when receivable. Any tax recoverable on such income is recognised in the same accounting year.

Activities directly relating to the work of the Church

The Parish Share is accounted for when payable. Any portion unpaid at the year end is provided for in these accounts in recognition of an operational (but not a legal) liability.

page 4

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LADBROKE YEAR ENDED 31 DECEMBER 2024

NOTES TO THE ACCOUNTS

Consecrated land and buildings and movable church furnishings

Consecrated and beneficed property is excluded from the accounts in accordance with s.10(2)(a) of the Charities Act 2011.

Fixed asset investments

Investments are included in the balance sheet at fair value and the gain or loss taken to the Statement of Financial Activities.

Other fixtures, fittings and office equipment

No value is placed on movable church furnishings held by the churchwardens on special trust for the PCC and which require a faculty for disposal since the PCC considers this to be inalienable property. Any expenditure incurred during the year on consecrated or benefice buildings and movable church furnishings, whether maintenance or improvement, is written off as expenditure in the SOFA and separately disclosed.

Current assets

Short term deposits include cash held on deposit either with the CBF Church of England Funds or at the bank.

2. DONATIONS AND LEGACIES

ATIONS AND LEGACIES
Unrestricted
Funds
£
Planned giving
11,880
Plate offerings
1,145
Other gifts
7,559
Gift aid
4,061
Diocesan grant
Listed Place of Worship Grant Scheme
National Heritage NLHF Grant
24,645
Restricted
Funds
£
2,145
485
536
1,065
4,231
2024
Total
£
14,025
1,145
8,044
4,597
-
1,065
-
28,876
2023
Total
£
14,695
990
2,095
3,888
708
2,311
28,021
52,708

3. INCOME FROM CHARITABLE ACTIVITIES

OME FROM CHARITABLE ACTIVITIES
Unrestricted
Funds
£
Fees
2,479
Fund raising
2,479
Restricted
Funds
£
277
277
2024
Total
£
2,479
277
2,756
2023
Total
£
1,956
691
2,647

4. CHARITABLE EXPENDITURE

Unrestricted
Funds
£
Diocesan payments (fees and parish share)
11,563
Clergy and Worship expenses
2,220
Insurance, security and utilities
7,601
Building repairs and maintenance
1,199
Heritage activities
Donations (Note 5)
1,013
23,596
Restricted
Funds
£
1,188
178
454
1,820
2024
Total
£
11,563
2,220
7,601
2,387
178
1,467
25,416
2023
Total
£
9,325
1,733
10,193
20,080
6,237
1,402
48,970

page 5

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LADBROKE YEAR ENDED 31 DECEMBER 2024

NOTES TO THE ACCOUNTS

5. DONATIONS
Unrestricted
Funds
All Saints Harbury HLS appeal
210
DEC earthquake/floods appeals
Galanos House (Royal British Legion)
Southam foodbank
250
Southam St James Academy (Year 6 Bibles)
449
Ukrainian Appeal and support
104
1,013
Restricted
Funds
454
454
2024
Total
210
-
-
250
449
558
1,467
2023
Total
-
375
150
250
363
264
1,402
6. GOVERNANCE COSTS
None of the trustees received any remuneration or expenses during the year.
7. INVESTMENTS
2024
£
Unlisted investment
4,232
2023
£
4,137

The unlisted investment consists of 183 units held in the CBF Church of England Investment Fund and is managed by CCLA Investment Managers Ltd. The investment is held in the Sabin Smith Endowment Fund.

8. DEBTORS
Income tax receivable
Prepayments
9. CREDITORS (Amounts falling due in less than one year)
Trade Creditors
2024
£
4,379
1,348
5,727
2024
£
3,781
2023
£
4,000
1,281
5,281
2023
£
2,014

page 6

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LADBROKE YEAR ENDED 31 DECEMBER 2024

NOTES TO THE ACCOUNTS

10. SUMMARY OF FUND MOVEMENTS

Endowment Fund
Sabin Smith
Restricted Funds
Churchyard fund
Fabric fund
Organ fund
Ukrainian support fund
Bell tower
Choir fund
General fund
Unrestricted funds
Total Funds
Balance at
1 Jan 2024
£
4,137
-
77,209
5,992
69
83,270
3,428
375
36,715
40,518
127,925
Incoming
resources
£
140
4,073
25
385
4,623
330
30,523
30,853
35,476
£
(140)
(954)
(272)
(454)
(1,820)
(310)
(23,286)
(23,596)
(25,416)
Resources
expended
Gain on
investments
£
95
0
0
95
Balance at
31 Dec
2024
£
4,232
-
80,328
5,745
-
86,073
3,448
375
43,952
47,775
138,080

11. PRIOR YEAR COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
Funds
£
Income from:
Donations and legacies
18,681
Charitable activities
2,164
Investments
1,258
Total
22,103
Expenditure on:
Charitable activities
23,900
Total
23,900
(Loss)/Gain on investments
Net income/(expenditure)
(1,797)
Reconciliation of Funds
Total funds brought forward
42,315
Total funds carried forward
40,518
Restricted
Funds
34,027
483
114
34,624
25,070
25,070
9,554
73,716
83,270
Endowment
Fund
-
-
359
359
3,778
4,137
2023
Total
£
52,708
2,647
1,372
56,727
48,970
48,970
359
8,116
119,809
127,925
2022
Total
£
58,995
2,266
114
61,375
72,695
72,695
(502)
(11,822)
131,631
119,809

page 7

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF

ALL SAINTS, LADBROKE

(Registered Charity No. 1195982)

ACCOUNTS

FOR THE YEAR ENDED

31 DECEMBER 2024

CONTENTS

page
Statement of Financial Activities 2
Independent Examiner's Report 2
Balance Sheet 3
Notes to the Accounts 4 - 7

page 1

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LADBROKE YEAR ENDED 31 DECEMBER 2024

STATEMENT OF FINANCIAL ACTIVITIES

Note
Income from:
Donations and legacies
2
Charitable activities
3
Investments
Total
Expenditure on:
Charitable activities
4
Total
(Loss)/Gain on investments
Net income/(expenditure)
Reconciliation of Funds
Total funds brought forward
Total funds carried forward
10
Unrestricted
Funds
£
24,645
2,479
3,729
30,853
23,596
23,596
7,257
40,518
47,775
Restricted
Funds
4,231
277
115
4,623
1,820
1,820
2,803
83,270
86,073
Endowment
Fund
-
-
95
95
4,137
4,232
2024
Total
£
28,876
2,756
3,844
35,476
25,416
25,416
95
10,155
127,925
138,080
2023
Total
£
52,708
2,647
1,372
56,727
48,970
48,970
359
8,116
119,809
127,925

The notes on pages 4 to 7 form part of these Accounts

Report of the Independent Examiner

I have examined these Accounts, Balance Sheet and Notes thereon in conjunction with the books, papers and other information produced. In my opinion the accounts as presented correctly reflect the transactions of All Saints Church Ladbroke during the year ended 31st December 2024 and the Balance Sheet shows the position as at that date.

Signed:

S.G Copley

Date:

22/03/25

page 2

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LADBROKE YEAR ENDED 31 DECEMBER 2024

BALANCE SHEET

Note
Fixed assets:
Investments
7
Current assets:
Debtors
8
Cash at bank and in hand
Liabilities:
9
Net current assets
Net Assets
Funds of the charity:
Endowment fund
Restricted funds
Unrestricted funds
Total charity funds
10
Creditors:amounts falling due in less than one year
2024
£
4,232
5,727
131,902
137,629
(3,781)
133,848
138,080
4,232
86,073
47,775
138,080
2023
£
4,137
5,281
120,521
125,802
(2,014)
123,788
127,925
4,137
83,270
40,518
127,925

Approved by the PCC on 13 February 2025 and signed on their behalf by:

Rev A.G. Batchelor

Revd. A G Batchelor Priest in Charge

The notes on pages 4 to 7 form part of these Accounts

page 3

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LADBROKE YEAR ENDED 31 DECEMBER 2024

NOTES TO THE ACCOUNTS

1. ACCOUNTING POLICIES

(a) Basis of preparation

The accounts have been prepared on the historic cost basis of accounting and in accordance with the Church Accounting Regulations 1997 together with applicable accounting standards and the Charities SORP (FRS 102).

The accounts 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 gatherings of Church members.

(b) Funds

Endowment Fund

The Sabin-Smith Endowment Fund derives from a legacy from the estate of Alfred Edward Sabin-Smith who left a duty to the Coventry Diocesan Trustees (Registered) to invest the legacy and to pay the net annual income arising therefrom to the PCC, for the upkeep of the Churchyard with a request to keep the family graves in good order. Income from the legacy is applied to the Churchyard restricted fund.

Restricted Funds

The charity operates the following restricted funds:

Any grants or donations received for a specific purpose are treated as restricted funds. Any funds designated for a specific purpose by the PCC are treated as unrestricted. These include the Bell Tower Fund and the Choir Fund.

The General Fund represents the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC.

(c) Incoming resources

Voluntary income and capital sources

Collections are recognised when received by or on behalf of the PCC.

Planned giving receivable under covenant is recognised only when received.

Income tax recoverable on covenants or gift aid donations is recognised when the income is recognised.

Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement and the amount due.

Funds raised by events and activities are accounted for gross.

Income from investments

Interest is accounted for when receivable. Any tax recoverable on such income is recognised in the same accounting year.

Activities directly relating to the work of the Church

The Parish Share is accounted for when payable. Any portion unpaid at the year end is provided for in these accounts in recognition of an operational (but not a legal) liability.

page 4

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LADBROKE YEAR ENDED 31 DECEMBER 2024

NOTES TO THE ACCOUNTS

Consecrated land and buildings and movable church furnishings

Consecrated and beneficed property is excluded from the accounts in accordance with s.10(2)(a) of the Charities Act 2011.

Fixed asset investments

Investments are included in the balance sheet at fair value and the gain or loss taken to the Statement of Financial Activities.

Other fixtures, fittings and office equipment

No value is placed on movable church furnishings held by the churchwardens on special trust for the PCC and which require a faculty for disposal since the PCC considers this to be inalienable property. Any expenditure incurred during the year on consecrated or benefice buildings and movable church furnishings, whether maintenance or improvement, is written off as expenditure in the SOFA and separately disclosed.

Current assets

Short term deposits include cash held on deposit either with the CBF Church of England Funds or at the bank.

2. DONATIONS AND LEGACIES

ATIONS AND LEGACIES
Unrestricted
Funds
£
Planned giving
11,880
Plate offerings
1,145
Other gifts
7,559
Gift aid
4,061
Diocesan grant
Listed Place of Worship Grant Scheme
National Heritage NLHF Grant
24,645
Restricted
Funds
£
2,145
485
536
1,065
4,231
2024
Total
£
14,025
1,145
8,044
4,597
-
1,065
-
28,876
2023
Total
£
14,695
990
2,095
3,888
708
2,311
28,021
52,708

3. INCOME FROM CHARITABLE ACTIVITIES

OME FROM CHARITABLE ACTIVITIES
Unrestricted
Funds
£
Fees
2,479
Fund raising
2,479
Restricted
Funds
£
277
277
2024
Total
£
2,479
277
2,756
2023
Total
£
1,956
691
2,647

4. CHARITABLE EXPENDITURE

Unrestricted
Funds
£
Diocesan payments (fees and parish share)
11,563
Clergy and Worship expenses
2,220
Insurance, security and utilities
7,601
Building repairs and maintenance
1,199
Heritage activities
Donations (Note 5)
1,013
23,596
Restricted
Funds
£
1,188
178
454
1,820
2024
Total
£
11,563
2,220
7,601
2,387
178
1,467
25,416
2023
Total
£
9,325
1,733
10,193
20,080
6,237
1,402
48,970

page 5

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LADBROKE YEAR ENDED 31 DECEMBER 2024

NOTES TO THE ACCOUNTS

5. DONATIONS
Unrestricted
Funds
All Saints Harbury HLS appeal
210
DEC earthquake/floods appeals
Galanos House (Royal British Legion)
Southam foodbank
250
Southam St James Academy (Year 6 Bibles)
449
Ukrainian Appeal and support
104
1,013
Restricted
Funds
454
454
2024
Total
210
-
-
250
449
558
1,467
2023
Total
-
375
150
250
363
264
1,402
6. GOVERNANCE COSTS
None of the trustees received any remuneration or expenses during the year.
7. INVESTMENTS
2024
£
Unlisted investment
4,232
2023
£
4,137

The unlisted investment consists of 183 units held in the CBF Church of England Investment Fund and is managed by CCLA Investment Managers Ltd. The investment is held in the Sabin Smith Endowment Fund.

8. DEBTORS
Income tax receivable
Prepayments
9. CREDITORS (Amounts falling due in less than one year)
Trade Creditors
2024
£
4,379
1,348
5,727
2024
£
3,781
2023
£
4,000
1,281
5,281
2023
£
2,014

page 6

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LADBROKE YEAR ENDED 31 DECEMBER 2024

NOTES TO THE ACCOUNTS

10. SUMMARY OF FUND MOVEMENTS

Endowment Fund
Sabin Smith
Restricted Funds
Churchyard fund
Fabric fund
Organ fund
Ukrainian support fund
Bell tower
Choir fund
General fund
Unrestricted funds
Total Funds
Balance at
1 Jan 2024
£
4,137
-
77,209
5,992
69
83,270
3,428
375
36,715
40,518
127,925
Incoming
resources
£
140
4,073
25
385
4,623
330
30,523
30,853
35,476
£
(140)
(954)
(272)
(454)
(1,820)
(310)
(23,286)
(23,596)
(25,416)
Resources
expended
Gain on
investments
£
95
0
0
95
Balance at
31 Dec
2024
£
4,232
-
80,328
5,745
-
86,073
3,448
375
43,952
47,775
138,080

11. PRIOR YEAR COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
Funds
£
Income from:
Donations and legacies
18,681
Charitable activities
2,164
Investments
1,258
Total
22,103
Expenditure on:
Charitable activities
23,900
Total
23,900
(Loss)/Gain on investments
Net income/(expenditure)
(1,797)
Reconciliation of Funds
Total funds brought forward
42,315
Total funds carried forward
40,518
Restricted
Funds
34,027
483
114
34,624
25,070
25,070
9,554
73,716
83,270
Endowment
Fund
-
-
359
359
3,778
4,137
2023
Total
£
52,708
2,647
1,372
56,727
48,970
48,970
359
8,116
119,809
127,925
2022
Total
£
58,995
2,266
114
61,375
72,695
72,695
(502)
(11,822)
131,631
119,809

page 7