**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)_ 

* _Members of the Standing Committee_ 

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: 

- Heritage and Friendship Group meetings (see separate report) 

- 11 School Sessions,  two on Birds to reception & Y1.  Nine sessions were about Rocks & fossils to Y3 & Y4; We have now passed the milestone of engaging over 1000 people on this topic! 

- Tours at Church including Tours and More (March),  Women In Fellowship Group visit (August), Heritage Open Days (September) and other small tours on request 

- Talks about Alice to 2 history groups and about Fossils and Local wildlife at Tithe Lodge 

- Mentoring & support to other applicants, several of these at Lottery request 

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: 

- a family-friendly Easter Trail which could be done in person around the village or on-line 

- a churchyard working party 

- _Jackie West_ 

## **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: 

- The Net Zero Carbon Programme 

- Presentation on Diocesan Finances from Karen Birch, Diocesan Director of Finance 

_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<br>**Income from:**<br>Donations and legacies<br>2<br>Charitable activities<br>3<br>Investments<br>**Total**<br>**Expenditure on:**<br>Charitable activities<br>4<br>**Total**<br>(Loss)/Gain on investments<br>**Net income/(expenditure)**<br>**Reconciliation of Funds**<br>Total funds brought forward<br>Total funds carried forward<br>10|Unrestricted<br>Funds<br>£<br>24,645<br>2,479<br>3,729<br>30,853<br>23,596<br>23,596<br>**7,257**<br>40,518<br>47,775|Restricted<br>Funds<br>4,231<br>277<br>115<br>4,623<br>1,820<br>1,820<br>**2,803**<br>83,270<br>86,073|Endowment<br>Fund<br>-<br>-<br>95<br>**95**<br>4,137<br>4,232|2024<br>Total<br>£<br>28,876<br>2,756<br>3,844<br>35,476<br>25,416<br>25,416<br>95<br>**10,155**<br>127,925<br>138,080|2023<br>Total<br>£<br>52,708<br>2,647<br>1,372|
|---|---|---|---|---|---|
||||||56,727|
||||||48,970|
||||||48,970|
||||||359|
||||||**8,116**<br>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<br>**Fixed assets:**<br>Investments<br>7<br>**Current assets:**<br>Debtors<br>8<br>Cash at bank and in hand<br>**Liabilities:**<br>9<br>**Net current assets**<br>**Net Assets**<br>**Funds of the charity:**<br>Endowment fund<br>Restricted funds<br>Unrestricted funds<br>**Total charity funds**<br>10<br>Creditors:amounts falling due in less than one year|2024<br>£<br>4,232<br>5,727<br>131,902<br>137,629<br>(3,781)<br>133,848<br>138,080<br>4,232<br>86,073<br>47,775<br>138,080|2023<br>£<br>4,137<br>5,281<br>120,521|
|---|---|---|
|||125,802<br>(2,014)|
|||123,788|
|||127,925|
|||4,137<br>83,270<br>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: 

- (i) Donations received for the upkeep of the Churchyard are credited to the Churchyard Fund.  Any relevant expenditure in excess of available restricted income is charged to the General Fund. 

- (ii) Funds remaining from the All Saints For All Generations Fund have been transferred to a Fabric Fund which will continue to finance the repairs necessary to our Grade I listed building.  Donations and grants received specifically for the upkeep of the building are credited to this fund; building repairs and heritage activites continuing as a condition of grants received are charged to it. 

- (iii) The Organ Fund represents donations received specifically for the maintenance of the church organ and expenditure applied for this purpose. 

- (iv) The Ukrainian support fund receives donations from church members and the local community in order to provide assistance to those displaced by the war in Ukraine, particularly those who have come to the local area. 

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. 

- (d) **Resources used** 

## _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** 

- (e) **Fixed assets** 

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



## 3. INCOME FROM CHARITABLE ACTIVITIES 

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



## 4. CHARITABLE EXPENDITURE 

|Unrestricted<br>Funds<br>£<br>Diocesan payments (fees and parish share)<br>11,563<br>Clergy and Worship expenses<br>2,220<br>Insurance, security and utilities<br>7,601<br>Building repairs and maintenance<br>1,199<br>Heritage activities<br>Donations (Note 5)<br>1,013<br>23,596|Restricted<br>Funds<br>£<br>1,188<br>178<br>454<br>1,820|2024<br>Total<br>£<br>11,563<br>2,220<br>7,601<br>2,387<br>178<br>1,467<br>25,416|2023<br>Total<br>£<br>9,325<br>1,733<br>10,193<br>20,080<br>6,237<br>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<br>Unrestricted<br>Funds<br>All Saints Harbury HLS appeal<br>210<br>DEC earthquake/floods appeals<br>Galanos House (Royal British Legion)<br>Southam foodbank<br>250<br>Southam St James Academy (Year 6 Bibles)<br>449<br>Ukrainian Appeal and support<br>104<br>1,013|Restricted<br>Funds<br>454<br>454|2024<br>Total<br>210<br>-<br>-<br>250<br>449<br>558<br>1,467|2023<br>Total<br>-<br>375<br>150<br>250<br>363<br>264|
|---|---|---|---|
||||1,402|



|6. GOVERNANCE COSTS<br>None of the trustees received any remuneration or expenses during the year.<br>7. INVESTMENTS<br>2024<br>£<br>Unlisted investment<br>4,232|2023<br>£<br>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<br>Income tax receivable<br>Prepayments<br>9. CREDITORS (Amounts falling due in less than one year)<br>Trade Creditors|2024<br>£<br>4,379<br>1,348<br>5,727<br>2024<br>£<br>3,781|2023<br>£<br>4,000<br>1,281|
|---|---|---|
|||5,281|
|||2023<br>£<br>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**<br>Sabin Smith<br>**Restricted Funds**<br>Churchyard fund<br>Fabric fund<br>Organ fund<br>Ukrainian support fund<br>Bell tower<br>Choir fund<br>General fund<br>**Unrestricted funds**<br>**Total Funds**|Balance at<br>1 Jan 2024<br>£<br>4,137<br>-<br>77,209<br>5,992<br>69<br>83,270<br>3,428<br>375<br>36,715<br>40,518<br>127,925|Incoming<br>resources<br>£<br>140<br>4,073<br>25<br>385<br>4,623<br>330<br>30,523<br>30,853<br>35,476|£<br>(140)<br>(954)<br>(272)<br>(454)<br>(1,820)<br>(310)<br>(23,286)<br>(23,596)<br>(25,416)<br>Resources<br>expended|Gain on<br>investments<br>£<br>95<br>0<br>0<br>95|Balance at<br>31 Dec<br>2024<br>£<br>4,232|
|---|---|---|---|---|---|
||||||-<br>80,328<br>5,745<br>-|
||||||86,073|
||||||3,448<br>375<br>43,952|
||||||47,775|
||||||138,080|



## 11. PRIOR YEAR COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES 

|Unrestricted <br>Funds<br>£<br>**Income from:**<br>Donations and legacies<br>18,681<br>Charitable activities<br>2,164<br>Investments<br>1,258<br>**Total**<br>22,103<br>**Expenditure on:**<br>Charitable activities<br>23,900<br>**Total**<br>23,900<br>(Loss)/Gain on investments<br>**Net income/(expenditure)**<br>**(1,797)**<br>**Reconciliation of Funds**<br>Total funds brought forward<br>42,315<br>Total funds carried forward<br>40,518|Restricted<br>Funds<br>34,027<br>483<br>114<br>34,624<br>25,070<br>25,070<br>**9,554**<br>73,716<br>83,270|Endowment<br>Fund<br>-<br>-<br>359<br>**359**<br>3,778<br>4,137|2023<br>Total<br>£<br>52,708<br>2,647<br>1,372<br>56,727<br>48,970<br>48,970<br>359<br>**8,116**<br>119,809<br>127,925|2022<br>Total<br>£<br>58,995<br>2,266<br>114|
|---|---|---|---|---|
|||||61,375|
|||||72,695|
|||||72,695|
|||||(502)|
|||||**(11,822)**<br>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<br>**Income from:**<br>Donations and legacies<br>2<br>Charitable activities<br>3<br>Investments<br>**Total**<br>**Expenditure on:**<br>Charitable activities<br>4<br>**Total**<br>(Loss)/Gain on investments<br>**Net income/(expenditure)**<br>**Reconciliation of Funds**<br>Total funds brought forward<br>Total funds carried forward<br>10|Unrestricted<br>Funds<br>£<br>24,645<br>2,479<br>3,729<br>30,853<br>23,596<br>23,596<br>**7,257**<br>40,518<br>47,775|Restricted<br>Funds<br>4,231<br>277<br>115<br>4,623<br>1,820<br>1,820<br>**2,803**<br>83,270<br>86,073|Endowment<br>Fund<br>-<br>-<br>95<br>**95**<br>4,137<br>4,232|2024<br>Total<br>£<br>28,876<br>2,756<br>3,844<br>35,476<br>25,416<br>25,416<br>95<br>**10,155**<br>127,925<br>138,080|2023<br>Total<br>£<br>52,708<br>2,647<br>1,372|
|---|---|---|---|---|---|
||||||56,727|
||||||48,970|
||||||48,970|
||||||359|
||||||**8,116**<br>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<br>**Fixed assets:**<br>Investments<br>7<br>**Current assets:**<br>Debtors<br>8<br>Cash at bank and in hand<br>**Liabilities:**<br>9<br>**Net current assets**<br>**Net Assets**<br>**Funds of the charity:**<br>Endowment fund<br>Restricted funds<br>Unrestricted funds<br>**Total charity funds**<br>10<br>Creditors:amounts falling due in less than one year|2024<br>£<br>4,232<br>5,727<br>131,902<br>137,629<br>(3,781)<br>133,848<br>138,080<br>4,232<br>86,073<br>47,775<br>138,080|2023<br>£<br>4,137<br>5,281<br>120,521|
|---|---|---|
|||125,802<br>(2,014)|
|||123,788|
|||127,925|
|||4,137<br>83,270<br>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: 

- (i) Donations received for the upkeep of the Churchyard are credited to the Churchyard Fund.  Any relevant expenditure in excess of available restricted income is charged to the General Fund. 

- (ii) Funds remaining from the All Saints For All Generations Fund have been transferred to a Fabric Fund which will continue to finance the repairs necessary to our Grade I listed building.  Donations and grants received specifically for the upkeep of the building are credited to this fund; building repairs and heritage activites continuing as a condition of grants received are charged to it. 

- (iii) The Organ Fund represents donations received specifically for the maintenance of the church organ and expenditure applied for this purpose. 

- (iv) The Ukrainian support fund receives donations from church members and the local community in order to provide assistance to those displaced by the war in Ukraine, particularly those who have come to the local area. 

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. 

- (d) **Resources used** 

## _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** 

- (e) **Fixed assets** 

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



## 3. INCOME FROM CHARITABLE ACTIVITIES 

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



## 4. CHARITABLE EXPENDITURE 

|Unrestricted<br>Funds<br>£<br>Diocesan payments (fees and parish share)<br>11,563<br>Clergy and Worship expenses<br>2,220<br>Insurance, security and utilities<br>7,601<br>Building repairs and maintenance<br>1,199<br>Heritage activities<br>Donations (Note 5)<br>1,013<br>23,596|Restricted<br>Funds<br>£<br>1,188<br>178<br>454<br>1,820|2024<br>Total<br>£<br>11,563<br>2,220<br>7,601<br>2,387<br>178<br>1,467<br>25,416|2023<br>Total<br>£<br>9,325<br>1,733<br>10,193<br>20,080<br>6,237<br>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<br>Unrestricted<br>Funds<br>All Saints Harbury HLS appeal<br>210<br>DEC earthquake/floods appeals<br>Galanos House (Royal British Legion)<br>Southam foodbank<br>250<br>Southam St James Academy (Year 6 Bibles)<br>449<br>Ukrainian Appeal and support<br>104<br>1,013|Restricted<br>Funds<br>454<br>454|2024<br>Total<br>210<br>-<br>-<br>250<br>449<br>558<br>1,467|2023<br>Total<br>-<br>375<br>150<br>250<br>363<br>264|
|---|---|---|---|
||||1,402|



|6. GOVERNANCE COSTS<br>None of the trustees received any remuneration or expenses during the year.<br>7. INVESTMENTS<br>2024<br>£<br>Unlisted investment<br>4,232|2023<br>£<br>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<br>Income tax receivable<br>Prepayments<br>9. CREDITORS (Amounts falling due in less than one year)<br>Trade Creditors|2024<br>£<br>4,379<br>1,348<br>5,727<br>2024<br>£<br>3,781|2023<br>£<br>4,000<br>1,281|
|---|---|---|
|||5,281|
|||2023<br>£<br>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**<br>Sabin Smith<br>**Restricted Funds**<br>Churchyard fund<br>Fabric fund<br>Organ fund<br>Ukrainian support fund<br>Bell tower<br>Choir fund<br>General fund<br>**Unrestricted funds**<br>**Total Funds**|Balance at<br>1 Jan 2024<br>£<br>4,137<br>-<br>77,209<br>5,992<br>69<br>83,270<br>3,428<br>375<br>36,715<br>40,518<br>127,925|Incoming<br>resources<br>£<br>140<br>4,073<br>25<br>385<br>4,623<br>330<br>30,523<br>30,853<br>35,476|£<br>(140)<br>(954)<br>(272)<br>(454)<br>(1,820)<br>(310)<br>(23,286)<br>(23,596)<br>(25,416)<br>Resources<br>expended|Gain on<br>investments<br>£<br>95<br>0<br>0<br>95|Balance at<br>31 Dec<br>2024<br>£<br>4,232|
|---|---|---|---|---|---|
||||||-<br>80,328<br>5,745<br>-|
||||||86,073|
||||||3,448<br>375<br>43,952|
||||||47,775|
||||||138,080|



## 11. PRIOR YEAR COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES 

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



page 7