THE FRIENDS OFTHE CHURCH OF STJOHN. BAPTIST, HAGLEY REPORT OF THETRUSTEES AND RECEIPTS. PAYMEMtS AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31- MARCH 2025 Referen¢e and Admlnlstratlve D6ts118 Page 2 Trust0￿ Report Page3-4 Rac8lpl8 and Paymonts A￿lUT￿ and Statement of Assets NotO8to the Accounts REFERENCE AND ADMINISTRATIVE DEfAILS Charity Commission Registered Number 1200446 Prlndpal Address Stsavlour's Church The Parlsh Office 1 Park Road Hagl8y DY90NS President Viscountess Cobh8m Trusts89 Appolntmont Date AmeTHled Dats G A Battersby 1 August 2022 21 November 2024 IDCope 1 August 2022 21 November 2024 H W Green 1 August 2022 21 November 2024 M Bebbingion 17 October2023 R ESJon88 17 October 2023 Mrs W Jones 17 October 2023 Mrs S R Priest 17 October 2023 Mrs G P Richard8 17 October 2023 Viscount C C Cobh8m 17 October 2023 Mrs J Whttehouse 17 October 2023 Due Retlrement Dat8 20 November 2029 20 November 2028 20 November 2027 16 October 2028 16 October 2028 16 October 2028 16 OGtober 2028 16 October 2028 16 October 2028 16 October 2028 Ex Olfi¢e Appointso A M Smith- Churchwarden at Stjohn's REPORTOFTHE TRusfEES FOR THE PERIOD EDNED 31- MARCH 2025 The Trustees present thetr annual report forthe period ended 31" M8r¢h 2025. These reports have been prepared in accord8nc8wEth the Charity Commi88ion Guidelines and wlth consultation with the Charl￿8 Accourrtants Crow8 Uk LLP. Namelythatth8 Frfends Charity (CIO) is not a Company. 8nd that the Charlvs annual Income is less then £25,OOOthus 8llowlng the preparation of R8ceipt and Payments Accounts %*rythoutthe need torextemal audlt. Structure and Recruitment of Trustees TheTrustees are 88tisfied thatthe affairs of the Friends CIO ar8 conducted In accordance wEth the ConstitLrtion. The First Trustees are MrGA BatteTsby. Mrj D Copa and Mr H W Green. Trustees are 8ppointed initiaityfor a period of five years. There must be at iea8t two but not more that eleven elected Trustees and one ex officioTrustee-a churchwarden otst John'8 Church. In the original ConstTtution dated 2* September 20222 it W88 noted that no end date was setfor the FirstTrustee8. Consequently, pennission w8s sought fiom. and given by, the Charity Comfnissioners to amend thls. The Frlends Solicitors Higgs LLP kindly agreed to work on this amendment as gesture of goodwlll and a Special meeting of The Frlends Members wa8 arranged for the 21" November 2024 at wfiich approval was gNen bythe Members forth8 amendmentto go ahead. The dayto day management of the ¢h8rity Is led by BILi Green ICh8ir), Jaff Cope {Secretsry). Judith Whitehou8e Idayto day keeping of financial records) and Tony Battersby {Finance and Investment81. Prln¢lpalActlvities and ObJectlve8 The charlty's obJe¢tives are prirnarilyto maintsin. repair and enrleh the fabric. fumtture. 8nd fittings of the Church of Stjohn's. Hagiey: and to preserve and enhance the beauty and fftness of the 8its and setting of the church: and to maintain and develop the music and other aspects ofthe worship and life of the church, and to maintain the preservation and maintenance ofthe churchy8rd. The g6n8ral ￿lIcY adopted in furtherance of the objectives is to consider all requests for support from Hag￿Y Parochial Church Council IPCC) who a￿ re8ponslble for thè church, and in accordance with the abov8 aims and oblecttves. there has been no change in policy during the year. The Trustee8 have paid du8 regard to guidance Issued lrythe Charty Commi88ioner8 on publlc ben8tit in dacidingwhat activldes the charlty should undertake. Achlevomems and PerloimarbCO In orderto achieve their objective. The Friends coitect subscription$ and receive legacies ￿ft5 and donations and adminlstertheirinvestments. The Friands are not how8ver involved in 8nytr8ding activities. N8ithertheTrustee8 nor anythird related parties receive p8yment in any knnd forwork done on behalf otthe Charity- Flnanclal Revl8w and Reserv88 Policy The charity 18 readyto help. within its own parameters. reque8tsforfin8nci81 assist8ncefrom the PCC. It maintains 8 reasonable reseNe to meet unexpected contingenci88. A signiflo8nt proportlon of funds are kepl In liquid form in Building Societie5 end CCLA Investments which are Subject to maxlmlsing Income without $8crificing security. The Trustees are most keen to continue with this policy. The Friends carry Public Liability Insurance of £SM through Ecclesiastical Insurance Limited. Tru8tee8 Report Ya8rto Dats The Trustees usually meetfour times a yearto discuss finan￿, fabr1¢ matters, and If necessary to deal with any requests received from the PCC. The ongoingfabric matters r8i8ed at the time oflhe 2020 Quinquennial Report. such 8$ repairs to the 88nd8tone have been addre8sed. We are happyto Teport thatthi8 contract commenced atthe end of March 2025 and will cost approximately£30.000 and will be funded by The Friends,. ALLthe contractual matters and knaison wlth the Diocese 8t Woi¢ester has been handled on b8half of the PCC by Alan Smith. Churchwarden at St John's. Alan is thelr representstive responsibi8 for all fabric matters and automatiC811y as a Trustee of'The Friends.. Followlng comm8nts ragardingthe state ofthe car park dUringverywetV￿ath8r. we have ogreed to help the PCC, in conlun¢tion with Hagley Hall Estst88, to Carry out some addltional stoning to the cal park and also the pathway between th8 Cricket Ground and the L￿h Gate. This now provides a tarmac acces5 to the Wychbury Room. Th88e *vrks were cornpleted bythe end ol March at a cost of £9.540 including VAT. Wewouid like to record ourthanks to Hagley Hall Estates forthe continuing ability to us the car parking area for ¢hur¢h services and other relatsd functlons. A grant of £1.200 was made to the PCC in respect ofthe heatlng and iightingfor church seNic8s and to cover similar costs when musical events took place overthe year. Duringthe p88tyearwe have to reportthe 8ad 1088 of Stewart Purton. a long standingTrugtee und who w8$ also Treasurer of both Yhe Friends. and the PCC. Approved by fthe board of Trustees on the 22- April and signed on its behalf by G A Battersby: OL RECEIPTS & PAYMEKfsAccouTrifs FOR THE YEAR ENDED 31" MARCH 2025 Recelpts 31103125 Sub3 & Don8tions HMRC GiftAid Inv88tment Incom8 Dudley Building Soc Legacies Rocelp18 31103124 Subs & Donations HMRC Gift￿d Investrnent Income DudleyBuiidingSoc Legacies TOTAL INCOME 2.414 891 17.522 3.582 1.636 9,421 23.220 £34,277 TOTAL INCOME Payments 31103125 Accountancy12024} Bank Charges PFlnt & Posta Solicitors Fees Statlonery Ec¢lesi8Stical Insurance Grants to Hegley PCC H8gley CommunityAss Payments 31103124 Accountancy120231 Bank ChaYge$ Prlnt & Postsge Solicitors Fees Stationery Ecclesiastical Insurance Grants to Hagley PCC Hagley Community As50C 786 63 122 780 50 4.800 51 189 1.055 36 189 1,200 TOTAL PAYMENrs TufAL PAYMENTS £7,027 Nots8: Figure8 for 2024 and 2025 exclude movement of capital 2. All funds held bythe Charity are unrestricted STATEMENT OF ASSETS AT31- MARCH 2025 FUNDS CBF Deposit CBF Property CBFShort Dep COIF Property M&G Char(bond M&G Charifund HSBC Dudley BS TOTALS FUNDS CBF Deposit C8F Property CBFShort Dep COIF Property M&G Ch8ribond M&G Charifund HSBC Dudley BS 130,022 71,505 63,115 1.038 136,1231 752 (%)8) 66,907 70.467 36,123 53,334 8.602 105.388 3,526 106.565 54.086 8,394 109.891 46.913 60,000 £480,811 43,387 146.565) £29.899 MOVEMENT IN FUNDS b,1 TOTALS £450,912 NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025 ACCOUNTING POLICIES The financial statements have been prepared on a receipts and payments basls. Legal Statu8 Otthe Charlty The Fri8nd8 ofthe chU￿h of St John. BaptisL H8gley 18 8 constttuted underthe governing document as a Charitable Incorporated Organl88tion, whose regi*ered office and primary p18ce of busine83 St S8vior'8 Church. The Parish Office. 1 Park Road. Hagley. Stourbtidge. West Midlands, DY9 ONS, United Kingdom. It has no Share capitsL Its principal actwitsos are to maintain repair. and enrich fabric. furnlture end fittings of the Church of St John. Haaiey." and to preseprfe and enhance the beaLty and fitness ofthe stte and settlng ofthe chLtrch: and to maintsin and develop the muslc and other aspects of the worship and lrfe of the church, and to mainlain the preservation and malntenan¢e of the Churchyard. Incomo All income is recognised in receipts once the charlty has received funds. Expondlturn All payments 8re recognlsed In the payments accounts vthen it is paid. Taxation The charty is exemptfrom tsx on it8 charitable actsvities. Fund aCcoun￿ng. General fund8 are uniestricted funds vthich are available for use at the discretion of the Trustees in further8nce of the general oblectives ot the charty and which have not been designated for other purposes. Investment income. gains and losses are allocated to the appropriate fund. TRUSTEES. REMUNERATION AND BENEFrrs There were no Trustees, remuneration or other beneffts for the period ended 31 March 2025.