Registered Charity no. 1199221 

**The Parochial Church Council of the Ecclesiastical Parish of St Werburgh, Chorlton-cum-Hardy Known as St Werburgh's Chorlton Trustees Annual Report and Accounts Year Ended 31st December 2024** 




## **St Werburgh's Chorlton** 

**Year Ended 31st December 2024** 

## **Contents Page** 

||**Page**|
|---|---|
|Legal and Administrative Information|**1**|
|Trustees' Annual Report|**3**|
|Independent Examiners Report|**6**|
|Statement of Financial Activities|**7**|
|Statement of Financial Position|**8**|
|Notes to the Financial Statements|**9**|





## **St Werburgh's Chorlton** 

## **Year Ended 31st December 2024** 

## **Legal and Administrative Information** 

## **Reference** 

The Charity is called “The Parochial Church Council of the Ecclesiastical Parish of St Werburgh, Chorltoncum-Hardy”. The Parochial Church Council is known as the PCC for short. Other names which are used for the charity are "St Werburgh's Chorlton". The Church is registered with the Charity Commission for England and Wales and was registered on the 8th June 2022. Before this the church was an except charity. 

## **Registered Charity Number** 

## **Principal Address** 

## **Website** 

1199221 St Werburghs Church 386 Wilbraham Road Manchester M21 0UH www.stwchorlton.org 

## **Membership** 

Members of the PCC are either ex officio or elected at the Annual Parochial Church Meeting (APCM) in accordance with the Church Representation Rules. From the last APCM, the following served as members of the PCC. 

## **Parochial Church Council (PCC) Members and Trustees** 

The council members and trustees who have served during the year until the date this report was approved are: 

**Date Date Member Position Appointed Resigned** Rev James Neal Rector (Ex Officio) 28-Oct-20 Rev Andy Bird Curate (Ex Officio) 19-Jul-21 Alison Cooper PCC Secretary (Elected) 28-Oct-20 Amy Hawkins Treasurer (Elected) 22-May-22 David Hawkins Churchwarden (Elected) 22-May-21 Emma Quaintrell Churchwarden (Elected) 22-May-21 Rebecca Clarke Lay member (Elected) 24-May-23 Tim Burt Lay member (Elected) 20-May-24 James Whitaker Lay member (Elected) 20-May-24 Daniel Reeves Lay member (Elected) 20-May-24 Daisy Harding Lay member (Elected) 20-May-24 16-Sep-24 

## **Primary Bankers** 

HSBC 760 Wilmslow Road Didsbury Manchester, M20 2DP 

1 



## **St Werburgh's Chorlton** 

**Year Ended 31st December 2024** 

## **Legal and Administrative Information** 

**Independent Examiner** 

Nigel Wyatt BSC FCA Wyatt & Co Chartered Accountants 125 Main Street Garforth, Leeds LS25 1AF 

2 



**St Werburgh’s Chorlton** 

## **Year Ended 31[st] December 2024** 

## **Trustees Report** 

The trustees present their report with the charity's financial statements for the year ended 31 December 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: 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) (effective 1 January 2019). 

## **OBJECTIVES AND ACTIVITIES** 

## **Aims and Purposes** 

St Werburgh's Chorlton Parochial Church Council has the responsibility of cooperating with the church's clergy in promoting in the ecclesiastical parish, the whole mission of the church, pastoral, evangelistic, social and ecumenical. The PCC is also specifically responsible for the maintenance of church buildings and property. 

## **Public Benefit Statement** 

In setting our objectives and planning our activities our trustees have given consideration to the Charity Commission’s general guidance on public benefit and in particular the advancement of the Christian faith through the provision of worship and teaching services and the relief of sickness, financial hardship and promoting good health. This has been achieved by the provision of funds and services. 

## **Achievements & Performance** 

As we look back over 2024 we’re so encouraged at what God has done in and through us as we set out a vision to ‘play our part in seeing people, communities and churches come alive in Jesus’ name in Chorlton, Manchester and beyond’. 

Some key achievements for the year have been: 

- Seeing our church continue to grow in number, diversity and deeper intimacy with Jesus 

- Welcoming over 2000 people through our doors at our seasonal and community events 

- Providing a welcoming community space for parents, carers and their kids at our weekly Little Werbs baby and toddler group 

- The flourishing of our STW Kids Groups as the littlest of our church learn to know Jesus 

- Hosting and visiting local schools sharing with them the joy of our faith 

- Partnerships with Foodbank and Emmeline’s Pantry serving those in need in our community 

- Maintaining our church facilities, ensuring a welcoming space for worship and community 

- Moving towards financial sustainability as our initial funding comes to an end in June 2025 

These are just a few indicators that St Werburgh's’ is alive and God is moving in Chorlton. 

## **Plans for the Future** 

As we look to the future, a few of our key financial focuses are continuing to increase congregational giving as our church family grows, moving towards sustainability as we enter our final SDF funded year to June 2025, supporting our first planting location in Wythenshawe and continuing to wisely direct our expenditure to fulfil our vision to revitalise and plant further into the region in the years to come. 

3 



**St Werburgh’s Chorlton** 

## **Year Ended 31[st] December 2024** 

## **Trustees Report** 

## **Financial Review** 

Total income for the year amounted to £192,783 of which £221 was restricted income. Unrestricted voluntary donations amounted to £167,675, and Rental income from people using the church and hall amounted to £18,750. Total expenditure during the year amounted to £197,122 which was all unrestricted. 

The financial position for the charity at the end of the year: 

|Unrestricted Funds<br>Restricted Funds<br>Total charitable Funds|£110,339<br> £8,289<br>£118,628|
|---|---|



## **Reserves Policy** 

The church does not have in place a formal reserves policy that has been agreed upon at the point of the yearend. The PCC are in the process of establishing a reserves policy that is appropriate and suitable for the church's current situation and medium-term future plans. 

## **Going Concern** 

Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern. 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## **Governing Document** 

The Parochial Church Council is a corporate body established by the Church of England. The charity is controlled by two pieces of legislation; 

The Parochial Church Councils (Powers) Measure 1956 as amended. This defines the principal function, or purpose, of the PCC as "promoting in the parish the whole mission of the church"; and The Church Representation Rules (contained in Schedule 3 to the Synodical Government Measure 1969 as amended). 

The Church Accounting Regulations 2006 form the link between the Church Representation Rules and the requirements of the Charities Act 2011. 

4 



**St Werburgh’s Chorlton** 

## **Year Ended 31[st] December 2024** 

## **Trustees Report** 

## **Recruitment and Appointment of new Trustees** 

The method of appointment of PCC members is set out in the Church Representation Rules. At St Werburgh's the membership of the PCC consistps of the team rector, churchwardens and members elected by those members of the congregation who are on the electoral roll of the church. All those who attend our services/members of the congregation are encouraged to register on the electoral roll and stand for election to the PCC. 

The PCC members are responsible for making decisions on all matters of general concern and importance to the parish, including deciding on how the funds of the PCC are to be spent. All PCC members are trustees of the charity 

This Trustees Report was approved by the board of trustees and authorised for issue: 

**Name of Trustee: Signed on Behalf of the Trustees:** 

## James Neal 

──────────────────────────────────────── 


──────────────────────────────────────── 

## **Date of Approval:** 

## 11/06/2025 

──────────────────────────────────────── 

5 



## **St Werburgh's Chorlton** 

## **Year Ended 31st December 2024** 

## **Independent Examiners Report** 

I report to the trustees on my examination of the financial statements of St Werburgh's Chorlton ('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 confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies. 

I have completed my examination. I have listed any material matters that have come to my attention in connection with the examination giving me cause to believe that in any material respect: 

1. accounting records were not kept in respect of the charity as required by section 130 of the Act, or 

2. the financial statements do not accord with those records; or 

3. 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. 


Nigel Wyatt BSC FCA Independent Examiner 125 Main Street Garforth Leeds LS25 1AF 

> Date: 11/06/2025 

6 



## **St Werburgh's Chorlton** 

## **Year Ended 31st December 2024** 

## **Statement of Financial Activities** 

|**Statement of Financial Activities**||||||
|---|---|---|---|---|---|
||||**2024**||2023|
|||Unrestricted|Restricted|**Total**|Total|
|||Funds|Funds|**Funds**|Funds|
||**Note**|£|£|**£**|£|
|**Income**||||||
|Donations and legacies||167,454|221|**167,675**|180,053|
|Charitable activities||5,053|-|**5,053**|6,668|
|Activities for generating income||18,750|-|**18,750**|16,641|
|Investment income||1,273|-|**1,273**|1,234|
|Other||32|-|**32**|2,144|
|||`──────────`|`──────────`|`──────────`|`──────────`|
|**Total Income**|**2**|192,562|221|**192,783**|206,740|
|||`──────────`|`──────────`|`──────────`|`──────────`|
|**Expenditure**||||||
|Expenditure on charitable activities|**3**|197,122|-|**197,122**|210,665|
|||`──────────`|`──────────`|`──────────`|`──────────`|
|**Total Expenditure**||197,122|-|**197,122**|210,665|
|||`──────────`|`──────────`|`──────────`|`──────────`|
|||`──────────`|`──────────`|`──────────`|`──────────`|
|**Net Income / (Expenditure)**||(4,560)|221|**(4,339)**|(3,925)|
|||`──────────`|`──────────`|`──────────`|`──────────`|
|**Net Income and Net Movement in Funds**||||||
|Total funds brought forward|**12**|114,899|8,068|**122,967**|126,892|
|Transfers|**12**|-|-|**-**|-|
|||`──────────`|`──────────`|`──────────`|`──────────`|
|**Total Funds Carried Forward**|**12**|110,339|8,289|**118,628**|122,967|
|||`──────────`|`──────────`|`──────────`|`──────────`|



All income and expenditure derive from continuing activities. 

7 



## **St Werburgh's Chorlton** 

## **Year Ended 31st December 2024** 

## **Statement of Financial Position** 

|**Statement of Financial Position**||||
|---|---|---|---|
|||**2024**|2023|
||**Note**|**£**|£|
|**Fixed Assets**||||
|Tangible fixed assets|**8**|27,478|42,399|
|||`──────────`|`──────────`|
|||27,478|42,399|
|**Current Assets**||||
|Debtors|**10**|24,043|18,328|
|Cash at bank and in hand||62,603|59,409|
|Current asset investments|**9**|7,923|7,923|
|||`──────────`|`──────────`|
|||94,569|85,660|
|**Creditors: Amounts Falling Due Within One Year**|**11**|3,419|5,092|
|||`──────────`|`──────────`|
|**Net Current Assets**||91,150|80,568|
|||`──────────`|`──────────`|
|**Total Assets Less Current Liabilities**||118,628|122,967|
|||`──────────`|`──────────`|
|**Net Assets**|**13**|**118,628**|**122,967**|
|||`──────────`|`──────────`|
|**Funds of the Charity**||||
|Restricted funds|**12**|8,289|8,068|
|Unrestricted funds|**12**|||
|Unrestricted general||53,820|74,913|
|Designated funds||56,519|39,986|
|||`──────────`|`──────────`|
|||110,339|114,899|
|||`──────────`|`──────────`|
|**Total Charity Funds**||**118,628**|**122,967**|
|||`──────────`|`──────────`|



## **Trustees' Responsibilities** 

These financial statements were approved by the board of trustees and authorised for issue: 

## James Neal 

|**Name of Trustee:**||
|---|---|
||───────────────────────────────────────────────────|
|**Signed on Behalf of the Trustees:**||
||───────────────────────────────────────────────────|
|**Date of Approval:**|11/06/2025|



─────────────────────────────────────────────────── 

8 



## **St Werburgh's Chorlton** 

## **Year Ended 31st December 2024** 

## **Notes to the Financial Statements** 

## **1 Accounting Policies** 

## **Basis of Preparation** 

The PCC is a public benefit entity within the meaning of FRS102. The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of PCCs, and with the Regulations' "true and fair view" provisions, it is also the first year that they have been prepared under FRS102 (2016) as the applicable accounting standards and the 2019 version of the Statement of Recommended Practice, Accounting and Reporting by Charities (SORP(FRS102)). 

## **Assessment of Going Concern** 

Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern. 

## **Fund Accounting** 

Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustees, at their discretion, have set aside resources for a specific purpose. 

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor or the term of specific appeal. 

Further explanation of the nature and purpose of each fund is included in the notes to the accounts. 

## **Incoming Resources** 

All incoming resources are recognised once the charity has entitlement to the resources, it is probable that the resources will be received, and the monetary value of incoming resources can be measured with sufficient reliability. 

• All voluntary income from members of the church are recognised as donations and are included in full, with associated Gift Aid receivable in the Statement of Financial Activities. 

• Grants, where entitlement is not conditional on the delivery of specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant. 

• Income resources from charitable trading activities such as the letting of the building are accounted for when invoices are drawn up (as the point of entitlement). 

• Donated services and facilities are included at the value to the charity where this can be quantified. 

- Gifts in Kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. 

• Volunteer time, the value of voluntary support for the work of the church is not included in the accounts but is described in the Trustees Annual Report. 

- Investment Income is included in the accounts when receivable. 

9 



## **St Werburgh's Chorlton** 

## **Year Ended 31st December 2024** 

## **Notes to the Financial Statements** 

## **Resources Expended** 

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accrual basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. 

The diocesan parish share expected to be paid over is accounted for when due. 

## **Governance Costs** 

Include costs of the preparation and examination of statutory accounts, the costs of the trustees' meetings and the cost of any legal advice to trustees on governance or constitutional matters. 

## **Liability Recognition** 

Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. 

## **Tangible Fixed Assets** 

Consecrated and benefice property is not included in the accounts in accordance with s.10(2)(a) and (c) of the Charities Act 2011. 

All assets costing more than £750 are capitalised and at historic cost. Fixed assets are stated at cost less accumulated depreciation. Depreciation is charged on furniture and equipment which is written off on a straight-line basis over time and estimated useful life of the asset. 

Equipment 5 years straight-line Fixtures and Fittings 5 years straight-line 

## **Pensions** 

The charity operates a defined contribution pension scheme. Contributions are charged to the Statement of Financial Activities as they become payable in accordance with the rules of the scheme. 

## **Operating Leases** 

Rental charges payable under operating leases are charged on a straight line basis over the terms of the lease. 

## **Taxation** 

The charity is exempt from tax on its charitable activities. 

10 



## **St Werburgh's Chorlton** 

## **Year Ended 31st December 2024** 

## **Notes to the Financial Statements** 

## **2 Analysis of Income** 

|**Analysis of Income**||||
|---|---|---|---|
||Unrestricted|Restricted|<br>**Total Funds**|
||Funds|Funds|**2024**|
||£|£|**£**|
|**Donations and Legacies**||||
|Donations|107,595|186|**107,781**|
|Gift aid|16,977|35|**17,012**|
|Donated goods and services|1,500|-|**1,500**|
|Legacies|-|-|**-**|
|Grants|41,382|-|**41,382**|
||`──────────`|`──────────`|<br>`──────────`|
||167,454|221|**167,675**|
|**Charitable Activities**||||
|Weddings & funerals fees|873|-|**873**|
|Football|2,573|-|**2,573**|
|Little werbs|1,607|-|**1,607**|
|Other activities|-|-|**-**|
||`──────────`|`──────────`|<br>`──────────`|
||5,053|-|**5,053**|
|**Activities for Generating Income**||||
|Lettings and room hire|18,750|-|**18,750**|
||`──────────`|`──────────`|<br>`──────────`|
||18,750|-|**18,750**|
|**Investment Income**||||
|Interest|1,273|-|**1,273**|
||`──────────`|`──────────`|<br>`──────────`|
||1,273|-|**1,273**|
|**Other**||||
|Other income|32|-|**32**|
||`──────────`|`──────────`|<br>`──────────`|
||32|-|**32**|
||`──────────`|`──────────`|`──────────`|
|**Total Income**|**192,562**|**221**|**192,783**|
||`──────────`|`──────────`|<br>`──────────`|



## **Donated Goods and Services** 

Graphic design work was donated to the church to the value of £1,500 (2023: £1,050). There were no unfulfilled conditions attached to this donated service at the year-end. 

11 



## **St Werburgh's Chorlton** 

## **Year Ended 31st December 2024** 

## **Notes to the Financial Statements** 

## **2 Analysis of Income** _**(Continued)**_ 

|**Analysis of Income****_(Continued)_**||||
|---|---|---|---|
||Unrestricted|Restricted|<br>**Total Funds**|
||Funds|Funds|**2023**|
||£|£|**£**|
|**Donations and Legacies**||||
|Donations|76,222|374|**76,596**|
|Gift aid|11,199|242|**11,441**|
|Donated Goods and Services|1,050|-|**1,050**|
|Legacies|-|-|**-**|
|Grants|90,966|-|**90,966**|
||`──────────`|`──────────`|<br>`──────────`|
||179,437|616|**180,053**|
|**Charitable Activities**||||
|Weddings & funerals fees|648|-|**648**|
|Football|3,695|-|**3,695**|
|Little werbs|2,325|-|**2,325**|
|Other activities|-|-|**-**|
||`──────────`|`──────────`|<br>`──────────`|
||6,668|-|**6,668**|
|**Activities for Generating Income**||||
|Lettings and room hire|16,641|-|**16,641**|
||`──────────`|`──────────`|<br>`──────────`|
||16,641|-|**16,641**|
|**Investment Income**||||
|Interest|1,234|-|**1,234**|
||`──────────`|`──────────`|<br>`──────────`|
||1,234|-|**1,234**|
|**Other**||||
|Other income|1,544|600|**2,144**|
||`──────────`|`──────────`|<br>`──────────`|
||1,544|600|**2,144**|
||`──────────`|`──────────`|<br>`──────────`|
|**Total Income**|**205,524**|**1,216**|**206,740**|
||`──────────`|`──────────`|<br>`──────────`|



12 



## **St Werburgh's Chorlton** 

## **Year Ended 31st December 2024** 

## **Notes to the Financial Statements** 

## **3 Expenditure on Charitable Activities by Fund Type** 

||Unrestricted|Restricted|<br>**Total Funds**|
|---|---|---|---|
||Funds|Funds|**2024**|
||£|£|**£**|
|Children & families|2,633|-|**2,633**|
|Church building|16,547|-|**16,547**|
|Church renovation fit out costs|-|-|**-**|
|Church service costs|5,720|-|**5,720**|
|Community, courses and discipleship|3,453|-|**3,453**|
|Depreciation|15,681|-|**15,681**|
|Giving|41,915|-|**41,915**|
|Hall building|18,556|-|**18,556**|
|Office and administration|8,571|-|**8,571**|
|Staff related costs|6,407|-|**6,407**|
|Staff salaries|75,219|-|**75,219**|
|Worship|1,659|-|**1,659**|
|Youth|761|-|**761**|
||`──────────`|`──────────`|<br>`──────────`|
||197,122|-|**197,122**|
||`──────────`|`──────────`|<br>`──────────`|
||Unrestricted|Restricted|<br>**Total Funds**|
||Funds|Funds|**2023**|
||£|£|**£**|
|Children & families|1,783|-|**1,783**|
|Church building|16,789|-|**16,789**|
|Church renovation fit out costs|303|18,049|**18,352**|
|Church service costs|5,113|-|**5,113**|
|Community, courses and discipleship|4,527|-|**4,527**|
|Depreciation|15,530|-|**15,530**|
|Giving|31,760|-|**31,760**|
|Hall building|19,783|-|**19,783**|
|Office and administration|9,370|-|**9,370**|
|Staff related costs|4,663|-|**4,663**|
|Staff salaries|78,126|-|**78,126**|
|Worship|2,877|-|**2,877**|
|Youth|1,992|-|**1,992**|
||`──────────`|`──────────`|<br>`──────────`|
||192,616|18,049|**210,665**|
||`──────────`|`──────────`|<br>`──────────`|



13 



## **St Werburgh's Chorlton** 

## **Year Ended 31st December 2024** 

## **Notes to the Financial Statements** 

## **4 Volunteers** 

The church benefits greatly from the voluntary contributions of time and money by its formal members and regular attendees. Please refer to the trustee's report for further details about volunteer contributions to the organisation. 

## **5 Independent Examination Fees** 

Fees payable to the independent examiner for 

|**Independent Examination Fees**<br>Fees payable to the independent examiner for|||
|---|---|---|
||**2024**|2023|
||**£**|£|
|Independent examination and preparation of the financial<br>statements|1,560|1,661|



## **6 Staff Costs** 

The total staff costs and employee benefits for the reporting period are analysed as follows: 

||**2024**|2023|
|---|---|---|
||**£**||
|Wages and salaries|73,274|80,676|
|Social security costs|-|56|
|Employer contributions to pension plans|1,945|2,173|
||`──────────`|`──────────`|
||75,219|82,905|
||`──────────`|`──────────`|



The average headcount of employees during the year was as follows: 

||**2024**|2023|
|---|---|---|
|Average Headcount|5|5|



Number of employees that received employees benefits of more than £60,000 during the year was as follows: 

**2024** 2023 - - More than £60,000 

## **Key Management Personnel** 

The charity considers its key management personnel to be the Rector and Curate. The Common Fund of the Diocese meets the stipend and other employment costs of the Rector and Curate. 

14 



## **St Werburgh's Chorlton** 

## **Year Ended 31st December 2024** 

## **Notes to the Financial Statements** 

## **7 Trustee Remuneration, Expenses and Donations** 

During the year, 3 trustees incurred out-of-pocket expenses totalling £4,278 (2023: £4,362) which were all incurred for the day-to-day running of the charity's activities. The types of expenditure include day-today church running costs, administration costs, and other charitable activity expenditures. 

During the year the total aggregated donations made to the charity by the trustees and associated related parties during the year was £59,348 (2023: £39,361). 

During the year one trustee was employed by the Church outside of their role as trustees/PCC members. During the year the following trustee received the following remuneration including employers' pension contributions and employers' national insurance contributions: 

||**2024**|2023|
|---|---|---|
||**£**|£|
|Amy Hawkins|21,278|12,044|



During the year one trustee was provided self employed administration services for Church. Daisy Harding received £888 for the provision of administration services during the year. 

## **8 Tangible Fixed Assets** 

|**Tangible Fixed Assets**|||
|---|---|---|
||Equipment &||
||Fixtures and||
||Fittings|**Total**|
||£|**£**|
|Cost as at 1st January 2024|77,647|**77,647**|
|Additions|760|**760**|
||`──────────`|`──────────`|
|Cost as at 31st December 2024|78,407|**78,407**|
||`──────────`|`──────────`|
|Depreciation as at 1st January 2024|35,248|**35,248**|
|Depreciation charge|15,681|**15,681**|
||`──────────`|`──────────`|
|Depreciation as at 31st December 2024|50,929|**50,929**|
||`──────────`|`──────────`|
||`──────────`|`──────────`|
|Net book value as at 31st December 2024|**27,478**|**27,478**|
||`──────────`|`──────────`|
|Net book value as at 31st December 2023|42,399|42,399|



Consecrated and benefice property is not included in the accounts in accordance with s.10(2)(a) and (c) of the Charities Act 2011. 

15 



## **St Werburgh's Chorlton** 

## **Year Ended 31st December 2024** 

## **Notes to the Financial Statements** 

|**9 **|**Current Asset Investments**|||
|---|---|---|---|
|||**2024**|2023|
|||**£**|£|
||CBF Church of England deposit fund|7,923|7,923|
|||`──────────`|`──────────`|
|||7,923|7,923|
|||`──────────`|`──────────`|
|**10 **|**Debtors**|||
|||**2024**|2023|
|||**£**|£|
||Trade debtors and accrued income|7,667|11,291|
||SDF grant|15,380|6,425|
||Prepayments|996|612|
|||`──────────`|`──────────`|
|||24,043|18,328|
|||`──────────`|`──────────`|
|**11 **|**Creditors: Amounts falling due within one year**|||
|||**2024**|2023|
|||**£**|£|
||Accruals|1,560|1,977|
||Trade creditors|941|1,555|
||Other tax and social security|384|1,560|
||Other creditors|534|-|
|||`──────────`|`──────────`|
|||3,419|5,092|
|||`──────────`|`──────────`|



16 



## **St Werburgh's Chorlton** 

## **Year Ended 31st December 2024** 

## **Notes to the Financial Statements** 

## **12 Analysis of Charitable Funds** 

||1 Jan 2024|Income|Expenditure|Gains/Loses|Transfers **31 Dec 2024**|Transfers **31 Dec 2024**|
|---|---|---|---|---|---|---|
||£|£|£|£|£|**£**|
|**Unrestricted Funds**|||||||
|General|74,913|191,329|(197,122)|-|(15,300)|**53,820**|
|**Designated**|||||||
|CBF Church of<br>England deposit fund|15,264|1,214|-|-|-|**16,478**|
|CBF choir|362|19|-|-|-|**381**|
|Church plant|24,360|-|-|-|15,300|**39,660**|
||`──────────`|`──────────`|<br>`──────────`|<br>`──────────`|`──────────`|`──────────`|
|**Total Unrestricted**|**114,899**|**192,562**|**(197,122)**|**-**|**-**|**110,339**|
||`──────────`|`──────────`|<br>`──────────`|<br>`──────────`|`──────────`|`──────────`|
|**Restricted Funds**|||||||
|Thanksgiving fund|8,068|-|-|-|-|**8,068**|
|Building project|-|221|-|-|-|**221**|
||`──────────`|`──────────`|<br>`──────────`|<br>`──────────`|`──────────`|`──────────`|
|**Total**|**8,068**|**221**|**-**|**-**|**-**|**8,289**|
||`──────────`|`──────────`|<br>`──────────`|<br>`──────────`|`──────────`|`──────────`|
||`──────────`|`──────────`|<br>`──────────`|<br>`──────────`|`──────────`|`──────────`|
|**Total Funds**|**122,967**|**192,783**|**(197,122)**|**-**|**-**|**118,628**|
||`──────────`|`──────────`|<br>`──────────`|<br>`──────────`|`──────────`|`──────────`|



## **Fund Transfers 2024** 

Fund transfer of £15,300 from the General fund to the designated Church plant fund for the future plans of the PCC. 

17 



## **St Werburgh's Chorlton** 

## **Year Ended 31st December 2024** 

## **Notes to the Financial Statements** 

## **Analysis of Charitable Funds cont.** 

||1 Jan 2023|Income|Expenditure|Gains/Loses|Transfers **31 Dec 2023**|Transfers **31 Dec 2023**|
|---|---|---|---|---|---|---|
||£|£|£|£|£|**£**|
|**Unrestricted Funds**|||||||
|General|72,788|204,741|(192,616)|-|(10,000)|**74,913**|
|**Designated**|||||||
|CBF Church of<br>England deposit fund|14,492|772|-|-|-|**15,264**|
|CBF choir|351|11|-|-|-|**362**|
|Church plant|14,360|-|-|-|10,000|**24,360**|
||`──────────`|`──────────`|<br>`──────────`|<br>`──────────`|`──────────`|`──────────`|
|**Total Unrestricted**|**101,991**|**205,524**|**(192,616)**|**-**|**-**|**114,899**|
||`──────────`|`──────────`|<br>`──────────`|<br>`──────────`|`──────────`|`──────────`|
|**Restricted Funds**|||||||
|Thanksgiving fund|8,068|-|-|-|-|**8,068**|
|Building project|16,833|1,216|(18,049)|-|-|**-**|
||`──────────`|`──────────`|<br>`──────────`|<br>`──────────`|`──────────`|`──────────`|
|**Total**|**24,901**|**1,216**|**(18,049)**|**-**|**-**|**8,068**|
||`──────────`|`──────────`|<br>`──────────`|<br>`──────────`|`──────────`|`──────────`|
||`──────────`|`──────────`|<br>`──────────`|<br>`──────────`|`──────────`|`──────────`|
|**Total Funds**|**126,892**|**206,740**|**(210,665)**|**-**|**-**|**122,967**|
||`──────────`|`──────────`|<br>`──────────`|<br>`──────────`|`──────────`|`──────────`|



## **Fund Transfers 2023** 

Fund transfer of £10,000 from the General fund to the designated Church plant fund for the future plans of the PCC. 

18 



## **St Werburgh's Chorlton** 

## **Year Ended 31st December 2024** 

## **Notes to the Financial Statements** 

## **Fund Descriptions** 

## **Designated Funds** 

CBF Church of England deposit Fund to hold reserves for the church. fund CBF choir Fund to hold monies raised by the choir. Church plant Funds set aside to support future churches planted from St Werburgh’s. 

## **Restricted Funds** 

Fund established as a Trust in 1965 with income for church expenditure. 

Thanksgiving fund Fund established as a Trust in 1965 with income for church expenditure. Chorlton resource church Fund to account for specific restricted fixed asset expenditure with SDF grant funding. Building project Funds raised for the ongoing church building project. 

## **13 Analysis of Net Assets Between Funds** 

||Unrestricted|Restricted|<br>**Total Funds**|
|---|---|---|---|
||Funds|Funds|**2024**|
||£|£|**£**|
|Fixed assets|27,478|-|**27,478**|
|Current assets|86,280|8,289|**94,569**|
|Creditors less than 1 year|(3,419)|-|**(3,419)**|
||`──────────`|`──────────`|<br>`──────────`|
||110,339|8,289|**118,628**|
||`──────────`|`──────────`|<br>`──────────`|
||Unrestricted|Restricted|<br>Total Funds|
||Funds|Funds|2023|
||£|£|£|
|Fixed assets|42,399|-|42,399|
|Current assets|82,518|8,068|90,586|
|Creditors less than 1 year|(5,092)|-|(5,092)|
||`──────────`|`──────────`|<br>`──────────`|
||119,825|8,068|127,893|
||`──────────`|`──────────`|<br>`──────────`|



## **14 Related Party Transactions** 

During the year, Emily Neal, a close family member of trustee James Neal, was employed by the charity. The total remuneration paid to Emily, including employer pension contributions and employer national insurance, was £11,836 (2023: £11,140). 

In addition, a payment of £52 was made to Reddish Scout Group, a registered charity of which trustee Dan Reeves is also a trustee. This was a one-off transaction for activity costs, and no payments were made to this organisation in the previous year (2023: £34.43). 

All related party transactions were conducted at arm’s length and in the normal course of the charity’s activities. 

19 



## **St Werburgh's Chorlton** 

## **Year Ended 31st December 2024** 

## **Notes to the Financial Statements** 

## **15 Prior Period Adjustment** 

The prior year comparative figures and the closing unrestricted fund balance for 2023 have been adjusted by £4,926 to remove an SDF grant debtor that was originally included, having since been confirmed as not outstanding at the year end. 

## Impact of the Adjustment: 

- Original unrestricted income for the year ended 31 December 2023: £210,450 

- Revised unrestricted income for the year ended 31 December 2023: £205,524 

- Original unrestricted general fund balance carried forward at 31 December 2023: £119,825 

- Revised unrestricted general fund balance carried forward at 31 December 2023: £114,899 

20