## **St Peter & St Paul’s Church, Wem**
## **Trustees Annual Report for the Parochial Church Council (PCC) of St Peter & St Paul’s for the year ending 31[st] December 2024**
The Parochial Church Council (PCC) works alongside the incumbent to consult on all matters of general concern and importance to the parish and to specifically promote the whole mission of the Church, pastoral evangelistic, social and ecumenical.
The PCC has responsibility for the church of St Peter & St Paul and for the Church Hall.
The year has been the first full year of our present Rector’s incumbency and also the first full year of recovery from the Covid pandemic. Both of these factors have been significant in the work of the PCC during this reporting year.
## **OBJECTIVES AND ACTIVITIES**
The PCC is committed to welcoming as many people as possible to worship at our church and all are welcome to attend our services.
The PCC maintains a regular overview of worship and makes suggestions on our pattern of services and how services might evolve in putting faith into practice.
## **ACHIEVEMENTS AND PERFORMANCE**
## Worship
A regular pattern of services with Holy Eucharist at 8.00am and 9.45am and every Thursday morning at 9.30am has remained throughout the year with a lay-led informal Praise and Prayer service being introduced on every 4[th] Sunday of the month.
Special services at Easter, Christmas and Remembrance were well attended.
The church hosted services for Easter, Harvest, Christmas and Leavers for the whole school of St Peter’s School. Every leaver was presented with a copy of St Luke’s Gospel.
The Bible Study Group, led by the Rector, met throughout the year as well as for special studies during Lent.
The Rector visited St Peter‘s school throughout the year and regularly took assemblies. He also engaged with staff and students at Thomas Adams School.
A member of the PCC was appointed governor at St Peter’s School.
We enable and encourage our community to celebrate important life events in our church.
## Events and Group Activities
Various events have been held throughout the year. The centenary celebrations for the organ and choral concerts attracted good audiences as did the Songs of Praise service.
The Christmas Tree Festival proved a great hit and attracted many visitors to the church.
Our regular monthly coffee mornings together with the Christmas Fayre have remained an important part of our social diary and were once again well supported.
Other social events such as wreath making workshops, Pancake Day tea have proved to be equally popular.
As well as contributing to church funds the activities have strengthened our relationship with the wider community.
The PCC has continued to work with and support a local charity, Wem Store Cupboard, which along with our local Youth Club have hosted regular community lunches throughout the year.
## Fabric
The year has seen a considerable investment in both the ch
urch and Church Hall. The long overdue replacement of the sound system in the church was completed during the year. The church clock was overhauled, following a series of insurmountable problems, to the joy of our parish.
The PCC recognised the need for the Church Hall kitchen to be improved to bring it up to the required standards to be an asset to the church and wider community. A refurbishment programme was approved and carried out.
Numerous smaller projects were fulfilled during the year.
## **FINANCIAL REVIEW**
Total receipts of £56178 Unrestricted and £20049 Restricted (£76227 total) were made to year end against payments of £87768 Unrestricted and £39726 (£127494 total).
Funds were transferred from our Reserved Funds to support the year’s outgoings. Please see attached Financial Statement for all details
Giving including planned giving and giving through envelopes saw a downward trend again this year. Donations and legacies fell from £19.75k in 2023 to £7.73k in 2024. Charitable activities raised £3150 over the year.
The Common Fund (formerly Parish Share) of £46096 per annum saw a small increase on the previous year. The increase was well below the rate of inflation.
The sound system in the church which was over 25 years old and not fit for purpose, was replaced at a cost of £15k. The new system has not only improved the sound quality for all services but has provided an enabler to bring a varied use of the church for concerts etc and to bring a wider audience into our church.
A sum of £15k was spent on the Church Hall kitchen was deemed necessary to comply with all regulations and bring the facility in general up to standard. The up to date facility is available for external bookings and it is anticipated that the next year will see a payback on our investment.
Smaller projects were carried out over the year.
The accounts were approved at the Annual Parochial Church Meeting held on Thursday 11 April 2025.
## **RESERVES POLICY**
Net Assets (excluding the CBF Endowed Fund) stood at £353772. A drop on the previous year being attributable to two principle factors; a decrease in all aspects of Giving and an increase in property costs.
- Unrestricted £269643
- Restricted £84129
It is PCC policy to maintain a balance on Reserved Funds and review on a regular basis.
It has been necessary to draw on funds to meet the financial commitments of day to day business as well as larger projects.
Several larger projects (essential not desirable) have been identified for the coming year and will need to be funded from reserves:
- Boiler replacement
- Disabled parking
- Replacement of church windows identified in the 2020 Quinquennial Report
- External painting of the Church Hall
- 2025 Quinquennial Inspection due
## **STRUCTURE**
The membership of the PCC is made up of the incumbent, churchwardens and elected members of the congregation on the Electoral Roll.
The full PCC was scheduled to meet 6 times during year with extraordinary meetings being called as necessary. Worship and Social sub committees reported into the main PCC meetings.
The Standing Committee aimed to meet every two months.
The PCC is very grateful for the small number of volunteers who have carried out a range of roles and duties over the year.
## **ADMINISTRATIVE INFORMATION**
Full Name St Peter & St Paul’s Church, Wem
Location High Street, Wem, Shrewsbury, Shropshire SY4 5DP
Charity Number 1205063
PCC Members
Reverend John Jukes: PCC Chairman
Sybil Farmer: PCC Lay Chair/ Church Warden David Murray: Church Warden Caroline Sinclair Kim Archer June Powell
Neil Price
Bankers Santander
Independent Examiner: James Holyoak & Parker Ltd., Chartered Accountants Person to whom day to day management is delegated Reverend John Jukes MA
The Parochial Church Council (PCC) is a corporate body established by the Church of England. The legal duty of the PCC alongside the Incumbent, is to consult together on matters of general concern and importance to the parish.
Objectives and Activities
The PCC’s primary objective is to promote the whole mission of the Church, pastoral, evangelistic, social and ecumenical.
## Performance
- A regular pattern of services with Holy Eucharist at 8.00am and (.45am every Thursday together with a lay-led informal Praise and Prayer service on the 4[th] Sunday of the month.
- Special services at Easter, Christmas and Remembrance.
- St Peter’s School attended services at Christmas, Easter and the end of the school year when leaving students were presented with copies of St Luke’s Gospel.
- The Bible Study group, led by the Rector, met throughout the year as well as special studies throughout Lent.
- The Rector continued to visit St Peter’s school throughout the year and regularly took assemblies. He also engaged with staff and students at Thomas Adams School.
## Achievements during the year
## Events and Group Activities
- Various events throughout the year such as; Concerts featuring local and instrumental groups
- Songs of Praise services
A Christmas Fayre
Christmas tree Festival Christmas Wreath making workshop,
Pancake Day tea
Regular monthly coffee mornings
As well as contributing to church funds the above activities have strengthened our relationship with the wider community
- Have continued to work with and support a local charity, Wem Store Cupboard, hosting Community Lunches.
## Achievements
## Fabric
- A considerable investment in refurbishing the Church Hall kitchen in order to bring the facility up to required standards for catering. An enabler to the Church Hall being used for a wider range of events and ultimately increasing income.
- A long overdue new sound system was installed in September enhancing sound quality and audibility.
- Numerous maintenance which have been addressed during the year
# **ST. PETER AND ST. PAUL'S CHURCH HIGH STREET, WEM, SHROPSHIRE**
**ANNUAL REPORT AND FINANCIAL STATEMENTS OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31st DECEMBER 2024**
**Parochial Church Council of the Parish of St. Peter's and St. Paul's, Wem FOR THE YEAR ENDED 31st DECEMBER 2024**
## **Statement of Financial Activities**
|INCOMING RESOURCES
Giving
Donations and Legacies
Grants & Insurance Claims
Trading Activities: Fees
Charitable Activities
Investments
Magazine sales and advertising
Sundries
TOTAL INCOMING RESOURCES
RESOURCES EXPENDED
Parish Share
Fees to Diocese
Church Running Expenses
Church Property expenses
PCC management and administration
Magazine Printing
Charitable Giving
Interregnum Exps
Rectory Costs
Advertising
Clergy
Restoration Work
Professional fees
TOTAL RESOURCES EXPENDED
NET GAINS ON INVESTMENTS
NET INCOME/ -EXPENDITURE
TRANSFERS BETWEEN FUNDS
NET MOVEMENT IN FUNDS
TOTAL FUNDS brought forward 1st Jan
TOTAL FUNDS carried forward 31st Dec|**Notes**
1
2
3
4
5
6|-
-|**Funds:**
**Unrestricted**
31,282
5,581
10,766
3,150
4,689
286
425
56,178
46,096
5,638
21,370
8,154
4,722
1,249
540
87,769
77
31,514
-
-
31,514
-
301,157
269,643|**Restricted**
see page 3
-
2,151
-
17,898
20,049
4,180
34,466
-
-
1,080
39,726
968
18,708
-
-
18,708
-
102,838
84,129|**TOTAL**
**2024**
31,282
7,732
-
10,766
3,150
22,587
286
425
76,227
46,096
5,638
25,550
42,620
4,722
-
1,249
-
-
-
-
1,620
127,494
1,045
50,223
-
50,223
403,995
353,772|-
-
-|**Funds:**
**Unrestricted**
38,681
8,370
9,230
2,696
4,606
187
55
63,825
45,192
2,482
18,058
4,300
5,024
300
927
257
1,035
77,575
290
13,460
2,184
15,644
316,801
301,157|**Restricted**
see page 3
-
11,381
-
12,827
24,208
4,038
2,681
-
-
250
6,969
3,666
20,905
2,184
23,089
79,749
102,838|**TOTAL**
**2023**
38,681
19,751
-
9,230
2,696
17,433
187
55
88,033
45,192
2,482
22,096
6,981
5,024
300
927
257
-
1,035
-
250
84,544
3,956
7,445
-
7,445
396,550
403,995|
|---|---|---|---|---|---|---|---|---|---|
**-1-**
## **Parochial Church Council of the Parish of St. Peter's and St. Paul's, Wem FOR THE YEAR ENDED 31st DECEMBER 2024**
## **Balance Sheet**
|**Notes**
**FIXED ASSETS**
Investments: CBF Shareholdings
7
**CURRENT ASSETS**
CBF Deposit Account
Bank Deposit Account
Debtors
8
Bank Current Account
Cash in Hand
**LIABILITIES DUE IN ONE YEAR**
Creditor:Diocesan Parish Share
Creditor: Fees
Creditors: Others
9
**NET CURRENT ASSETS / (LIABILITIES)**
**LIABILITIES DUE AFTER ONE YEAR**
**TOTAL NET ASSETS**
**PARISH FUNDS**
Unrestricted Funds
10
Restricted Funds
10
**OTHER ASSETS**
Endowed Funds ( CBF Shareholding)
Church Hall|**Funds:**
**Unrestricted**
**Restricted**
3,422
43,263
249,635
40,867
2,332
1,500
17,504
139
-
271,111
40,867
4,890
4,890
-
266,221
40,867
-
-
269,643
84,130
269,643
84,129
269,643
84,129
Market Value
Valuation for insurance|**TOTAL**
**2024**
46,685
290,502
2,332
1,500
17,504
139
311,978
-
-
4,890
4,890
307,088
-
353,772
269,643
84,129
353,772
£168,449|**Funds:**
**Unrestricted**
**Restricted**
3,346
42,295
260,098
60,404
2,308
4,500
31,829
0
139
298,735
60,543
-
-
923
923
-
297,812
60,543
-
-
301,158
102,838
301,157
102,838
301,157
102,838
Market Value
Valuation for insurance|**TOTAL**
**2023**
45,640
320,502
2,308
4,500
31,829
139
359,278
-
-
923
923
358,355
-
403,995
301,157
102,838|
|---|---|---|---|---|
|||||403,995|
|||||£164,680|
Approved by the Parochial Church Council on 2025 and signed on its behalf by:
David Murray - Churchwarden
Caroline Sinclair - Treasurer
**-2`-**
## **Parochial Church Council of the Parish of St. Peter's and St. Paul's, Wem FOR THE YEAR ENDED 31st DECEMBER 2024**
## **STATEMENT OF FINANCIAL ACTIVITIES ON RESTRICTED FUNDS**
|**Notes**
INCOMING RESOURCES
Giving
Grants & Insurance Claims Received
Donations and Legacies
Investments
TOTAL INCOMING RESOURCES
RESOURCES EXPENDED
Church Running expenses
3
Church Property expenses
4
Professional fees
Organ Restoration
TOTAL RESOURCES EXPENDED
NET INCOME/ (EXPENDITURE)
TRANFERS BETWEEN FUNDS
NET GAIN ON INVESTMENTS
NET MOVEMENT IN FUNDS
TOTAL FUNDS brought forward 1st Jan
TOTAL FUNDS carried forward 31st Dec|**Notes**|**Year ended 31st December 2024**
**Bells**
**Whitchurch**
**Church**
**Fabric**
**Rd Cemetery**
**Flowers**
17,898
-
-
-
17,898
-
-
-
-
-
-
-
17,898
-
1,136
-
22,737
-
968
-
-
1,136
-
3,870
-
-
0
-
0
-
1,136
88,002
0
-
0
-
0
-
84,131
-|**Church**
**Hall**
-
-
2,151
-
2,151
4,180
34,466
1,080
-
39,726
37,575
-
23,873
-
13,702
-
13,702
0
|**TOTAL**
-
2,151
17,898
20,049
4,180
34,466
1,080
-
39,726
19,677
-
968
18,708
102,838
84,130|**Year ended 31st December 2023**
**Bells**
**Whitchurch**
**Church**
**Fabric**
**Rd Cemetery**
**Flowers**
190
10,000
12,827
-
-
190
22,827
2,184
250
-
2,184
-
250
-
2,184
-
190
22,577
-
2,184
3,666
-
0
-
190
26,243
-
0
-
0
-
946
61,759
0
-
0
-
1,136
88,002|**Church**
**TOTAL**
**Hall**
-
-
1,191
11,381
-
12,827
1,191
24,208
4,038
4,038
497
2,681
-
250
-
4,535
6,969
3,344
17,239
-
2,184
0
3,666
3,344
23,089
17,046
79,750
13,702
102,838|
|---|---|---|---|---|---|---|
**-3`-**
## **Parochial Church Council of the Parish of St. Peter's and St. Paul's, Wem FOR THE YEAR ENDED 31st DECEMBER 2024**
## **NOTES TO THE ACCOUNTS**
|1
2
3
4
5
6|**Funds:**
**Unrestricted**
**GIVING**
Planned Giving
21,742
Income Tax and VAT Recoverable
4,412
Church Collections
2,777
Wedding and Baptism Collections
321
Funeral Collections (see note 6)
843
Special collections (see note 6)
1,187
Caring and Sharing (see note 6)
31,282
**CHARITABLE ACTIVITIES**
Where Everyone Meets
Christmas Events
892
Concerts and Organ Centenary
439
Ride and Stride
Coffee Mornings
1,690
Meals
Sundry
128
3,150
**CHURCH RUNNING EXPENSES**
Salaries and fees
4,818
Light and heat
9,974
Rates and Insurance
6,578
21,370
**CHURCH PROPERTY EXPENSES**
Churchyard Maintenance
1,805
Whitchurch Road Cemetery Maint.
Flowers
639
Tree Survey & Surgery
Bells maintenance
Hall - Kitchen Refit
Hall - New Radiators
Hall - Cooker & Microwave
Hall - Replacement Windows
Hall - Storage Boxes
Hall - Other Repairs
Cemetery - Scaffold Hire
Cemetery - Storm Repairs
Cemetery - Tree Work
Cemetery - Lychgate Repairs
Roof Repairs
Flooring Work
Piano/Organ Tuning and repairs
1,366
Clock maintenance
400
Church Tower - Electrical Work
Church Notice Board
Audio Visual Project
Electrical and lighting
Heating Repairs
Sacristy Curtains
General repairs and maintenance
3,944
8,154
**PCC MANAGEMENT AND ADMINISTRATION**
Parish expenses
2,468
Sacristy expenses
932
Stewardship envelopes
113
Printing, stationery and postage
871
Church Music Licence
-
Sundry expenses
338
Link and other materials
-
4,722
**CHARITABLE GIVING**
Funeral Collections (see note 1)
430
Wem Youth Club
Wem Store Cupboard
100
Special collections (see note 1)
719
Caring and Sharing (see note 1)
1,249|**TOTAL**
**Restricted**
**2024**
see page 8
21,742
4,412
2,777
321
843
1,187
-
-
31,282
-
892
439
-
1,690
-
128
-
3,150
4,818
2,100
12,074
2,080
8,658
4,180
25,550
1,805
1,012
1,012
639
-
-
15,050
15,050
-
-
-
-
212
212
-
-
-
-
-
-
1,366
3,107
3,507
-
-
15,004
15,004
-
-
-
81
4,025
34,466
42,620
2,468
932
113
871
-
338
-
-
4,722
430
-
100
719
-
-
1,249||**Funds:**
**Unrestricted**
24,971
7,265
2,893
531
2,569
452
38,681
637
138
1,792
129
2,696
4,413
7,319
6,326
18,058
1,785
523
540
355
1,097
4,300
2,553
922
135
340
474
320
280
5,024
800
127
927|**TOTAL**
**Restricted**
**2023**
see page 8
24,971
7,265
2,893
531
2,569
452
-
-
38,681
-
-
637
138
1,792
-
129
-
2,696
4,413
1,677
8,996
2,361
8,687
4,038
22,096
1,785
2,000
2,000
523
-
-
-
-
-
-
497
497
-
-
-
-
-
184
184
-
-
540
355
-
-
-
-
-
-
1,097
2,681
6,981
2,553
922
135
340
474
320
280
-
5,024
800
-
-
127
-
-
927|
|---|---|---|---|---|---|
||Parish expenses
Sacristy expenses
Stewardship envelopes
Printing, stationery and postage
Church Music Licence
Sundry expenses
Link and other materials
**CHARITABLE GIVING**
Funeral Collections (see note 1)
Wem Youth Club
Wem Store Cupboard
Special collections (see note 1)
Caring and Sharing (see note 1)|||||
**-4`-**
**Parochial Church Council of the Parish of St. Peter's and St. Paul's, Wem FOR THE YEAR ENDED 31st DECEMBER 2024**
## **NOTES TO THE ACCOUNTS**
|7
8
9
10|**INVESTMENTS**
CBF Shareholdings
at market value
**CURRENT ASSETS: DEBTORS**
Income Tax Recoverable
Other Debtors
**LIABILITIES DUE IN ONE YEAR**|-|**Funds:**
**Unrestricted**
3,422
1,500
1,500
1,380
3,510
4,890
301,157
56,178
87,769
-
77
-
269,643|**_2024_**
**Restricted**
43,263
-
-
-
-
-
102,838
20,049
39,726
-
968
-
84,129|**Total**
**Funds**
46,685
1,500
-
1,500
1,380
3,510
-
4,890
403,995
76,227
127,494
1,045
-
353,772|-
-|**Funds:**
**Unrestricted**
3,346
4,500
-
4,500
923
923
316,801
63,825
77,575
-
290
2,184
301,157|**_2023_**
**Restricted**
42,295
-
-
-
79,749
24,208
6,969
-
3,666
2,184
102,838|**Total**
**Funds**
45,640
4,500
-
4,500
-
923
-
923
396,550
88,033
84,544
3,956
-
403,995|
|---|---|---|---|---|---|---|---|---|---|
||**OTHER CREDITORS**
Utilities
Other
Churchyard maintenance
**MOVEMENT ON FUNDS**
Balance at 1st January
Income
Expenditure
Gain on Investments
Transfers between funds
Balance at 31st December|||||||||
**-5-**
## **Independent examiner’s report to the Parochial Church Council of Wem**
We report to the council on our examination of the PCC accounts for the year ended 31 December 2024 laid out on pages 1 to 5.
## **Responsibilities and basis of report**
As members of the PCC you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
We report in respect of our examination of the PCC's accounts carried out under section 145 of the 2011 Act and in carrying out our examination we have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner’s statement**
We have completed our examination. We confirm that no material matters have come to our attention in connection with the examination giving us cause to believe that in any material respect:-
1 accounting records were not kept in respect of the PCC as required by section 130 of the Act; or
2 the accounts do not accord with those records; or
3 the accounts 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.
We have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## **James Holyoak & Parker Limited**
Chartered Accountants Shrewsbury SY1 3GA
-6-
# **ST. PETER AND ST. PAUL'S CHURCH HIGH STREET, WEM, SHROPSHIRE**
**ANNUAL REPORT AND FINANCIAL STATEMENTS OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31st DECEMBER 2024**
**Parochial Church Council of the Parish of St. Peter's and St. Paul's, Wem FOR THE YEAR ENDED 31st DECEMBER 2024**
## **Statement of Financial Activities**
|INCOMING RESOURCES
Giving
Donations and Legacies
Grants & Insurance Claims
Trading Activities: Fees
Charitable Activities
Investments
Magazine sales and advertising
Sundries
TOTAL INCOMING RESOURCES
RESOURCES EXPENDED
Parish Share
Fees to Diocese
Church Running Expenses
Church Property expenses
PCC management and administration
Magazine Printing
Charitable Giving
Interregnum Exps
Rectory Costs
Advertising
Clergy
Restoration Work
Professional fees
TOTAL RESOURCES EXPENDED
NET GAINS ON INVESTMENTS
NET INCOME/ -EXPENDITURE
TRANSFERS BETWEEN FUNDS
NET MOVEMENT IN FUNDS
TOTAL FUNDS brought forward 1st Jan
TOTAL FUNDS carried forward 31st Dec|**Notes**
1
2
3
4
5
6|-
-|**Funds:**
**Unrestricted**
31,282
5,581
10,766
3,150
4,689
286
425
56,178
46,096
5,638
21,370
8,154
4,722
1,249
540
87,769
77
31,514
-
-
31,514
-
301,157
269,643|**Restricted**
see page 3
-
2,151
-
17,898
20,049
4,180
34,466
-
-
1,080
39,726
968
18,708
-
-
18,708
-
102,838
84,129|**TOTAL**
**2024**
31,282
7,732
-
10,766
3,150
22,587
286
425
76,227
46,096
5,638
25,550
42,620
4,722
-
1,249
-
-
-
-
1,620
127,494
1,045
50,223
-
50,223
403,995
353,772|-
-
-|**Funds:**
**Unrestricted**
38,681
8,370
9,230
2,696
4,606
187
55
63,825
45,192
2,482
18,058
4,300
5,024
300
927
257
1,035
77,575
290
13,460
2,184
15,644
316,801
301,157|**Restricted**
see page 3
-
11,381
-
12,827
24,208
4,038
2,681
-
-
250
6,969
3,666
20,905
2,184
23,089
79,749
102,838|**TOTAL**
**2023**
38,681
19,751
-
9,230
2,696
17,433
187
55
88,033
45,192
2,482
22,096
6,981
5,024
300
927
257
-
1,035
-
250
84,544
3,956
7,445
-
7,445
396,550
403,995|
|---|---|---|---|---|---|---|---|---|---|
**-1-**
## **Parochial Church Council of the Parish of St. Peter's and St. Paul's, Wem FOR THE YEAR ENDED 31st DECEMBER 2024**
## **Balance Sheet**
|**Notes**
**FIXED ASSETS**
Investments: CBF Shareholdings
7
**CURRENT ASSETS**
CBF Deposit Account
Bank Deposit Account
Debtors
8
Bank Current Account
Cash in Hand
**LIABILITIES DUE IN ONE YEAR**
Creditor:Diocesan Parish Share
Creditor: Fees
Creditors: Others
9
**NET CURRENT ASSETS / (LIABILITIES)**
**LIABILITIES DUE AFTER ONE YEAR**
**TOTAL NET ASSETS**
**PARISH FUNDS**
Unrestricted Funds
10
Restricted Funds
10
**OTHER ASSETS**
Endowed Funds ( CBF Shareholding)
Church Hall|**Funds:**
**Unrestricted**
**Restricted**
3,422
43,263
249,635
40,867
2,332
1,500
17,504
139
-
271,111
40,867
4,890
4,890
-
266,221
40,867
-
-
269,643
84,130
269,643
84,129
269,643
84,129
Market Value
Valuation for insurance|**TOTAL**
**2024**
46,685
290,502
2,332
1,500
17,504
139
311,978
-
-
4,890
4,890
307,088
-
353,772
269,643
84,129
353,772
£168,449|**Funds:**
**Unrestricted**
**Restricted**
3,346
42,295
260,098
60,404
2,308
4,500
31,829
0
139
298,735
60,543
-
-
923
923
-
297,812
60,543
-
-
301,158
102,838
301,157
102,838
301,157
102,838
Market Value
Valuation for insurance|**TOTAL**
**2023**
45,640
320,502
2,308
4,500
31,829
139
359,278
-
-
923
923
358,355
-
403,995
301,157
102,838|
|---|---|---|---|---|
|||||403,995|
|||||£164,680|
Approved by the Parochial Church Council on 2025 and signed on its behalf by:
David Murray - Churchwarden
Caroline Sinclair - Treasurer
**-2`-**
## **Parochial Church Council of the Parish of St. Peter's and St. Paul's, Wem FOR THE YEAR ENDED 31st DECEMBER 2024**
## **STATEMENT OF FINANCIAL ACTIVITIES ON RESTRICTED FUNDS**
|**Notes**
INCOMING RESOURCES
Giving
Grants & Insurance Claims Received
Donations and Legacies
Investments
TOTAL INCOMING RESOURCES
RESOURCES EXPENDED
Church Running expenses
3
Church Property expenses
4
Professional fees
Organ Restoration
TOTAL RESOURCES EXPENDED
NET INCOME/ (EXPENDITURE)
TRANFERS BETWEEN FUNDS
NET GAIN ON INVESTMENTS
NET MOVEMENT IN FUNDS
TOTAL FUNDS brought forward 1st Jan
TOTAL FUNDS carried forward 31st Dec|**Notes**|**Year ended 31st December 2024**
**Bells**
**Whitchurch**
**Church**
**Fabric**
**Rd Cemetery**
**Flowers**
17,898
-
-
-
17,898
-
-
-
-
-
-
-
17,898
-
1,136
-
22,737
-
968
-
-
1,136
-
3,870
-
-
0
-
0
-
1,136
88,002
0
-
0
-
0
-
84,131
-|**Church**
**Hall**
-
-
2,151
-
2,151
4,180
34,466
1,080
-
39,726
37,575
-
23,873
-
13,702
-
13,702
0
|**TOTAL**
-
2,151
17,898
20,049
4,180
34,466
1,080
-
39,726
19,677
-
968
18,708
102,838
84,130|**Year ended 31st December 2023**
**Bells**
**Whitchurch**
**Church**
**Fabric**
**Rd Cemetery**
**Flowers**
190
10,000
12,827
-
-
190
22,827
2,184
250
-
2,184
-
250
-
2,184
-
190
22,577
-
2,184
3,666
-
0
-
190
26,243
-
0
-
0
-
946
61,759
0
-
0
-
1,136
88,002|**Church**
**TOTAL**
**Hall**
-
-
1,191
11,381
-
12,827
1,191
24,208
4,038
4,038
497
2,681
-
250
-
4,535
6,969
3,344
17,239
-
2,184
0
3,666
3,344
23,089
17,046
79,750
13,702
102,838|
|---|---|---|---|---|---|---|
**-3`-**
## **Parochial Church Council of the Parish of St. Peter's and St. Paul's, Wem FOR THE YEAR ENDED 31st DECEMBER 2024**
## **NOTES TO THE ACCOUNTS**
|1
2
3
4
5
6|**Funds:**
**Unrestricted**
**GIVING**
Planned Giving
21,742
Income Tax and VAT Recoverable
4,412
Church Collections
2,777
Wedding and Baptism Collections
321
Funeral Collections (see note 6)
843
Special collections (see note 6)
1,187
Caring and Sharing (see note 6)
31,282
**CHARITABLE ACTIVITIES**
Where Everyone Meets
Christmas Events
892
Concerts and Organ Centenary
439
Ride and Stride
Coffee Mornings
1,690
Meals
Sundry
128
3,150
**CHURCH RUNNING EXPENSES**
Salaries and fees
4,818
Light and heat
9,974
Rates and Insurance
6,578
21,370
**CHURCH PROPERTY EXPENSES**
Churchyard Maintenance
1,805
Whitchurch Road Cemetery Maint.
Flowers
639
Tree Survey & Surgery
Bells maintenance
Hall - Kitchen Refit
Hall - New Radiators
Hall - Cooker & Microwave
Hall - Replacement Windows
Hall - Storage Boxes
Hall - Other Repairs
Cemetery - Scaffold Hire
Cemetery - Storm Repairs
Cemetery - Tree Work
Cemetery - Lychgate Repairs
Roof Repairs
Flooring Work
Piano/Organ Tuning and repairs
1,366
Clock maintenance
400
Church Tower - Electrical Work
Church Notice Board
Audio Visual Project
Electrical and lighting
Heating Repairs
Sacristy Curtains
General repairs and maintenance
3,944
8,154
**PCC MANAGEMENT AND ADMINISTRATION**
Parish expenses
2,468
Sacristy expenses
932
Stewardship envelopes
113
Printing, stationery and postage
871
Church Music Licence
-
Sundry expenses
338
Link and other materials
-
4,722
**CHARITABLE GIVING**
Funeral Collections (see note 1)
430
Wem Youth Club
Wem Store Cupboard
100
Special collections (see note 1)
719
Caring and Sharing (see note 1)
1,249|**TOTAL**
**Restricted**
**2024**
see page 8
21,742
4,412
2,777
321
843
1,187
-
-
31,282
-
892
439
-
1,690
-
128
-
3,150
4,818
2,100
12,074
2,080
8,658
4,180
25,550
1,805
1,012
1,012
639
-
-
15,050
15,050
-
-
-
-
212
212
-
-
-
-
-
-
1,366
3,107
3,507
-
-
15,004
15,004
-
-
-
81
4,025
34,466
42,620
2,468
932
113
871
-
338
-
-
4,722
430
-
100
719
-
-
1,249||**Funds:**
**Unrestricted**
24,971
7,265
2,893
531
2,569
452
38,681
637
138
1,792
129
2,696
4,413
7,319
6,326
18,058
1,785
523
540
355
1,097
4,300
2,553
922
135
340
474
320
280
5,024
800
127
927|**TOTAL**
**Restricted**
**2023**
see page 8
24,971
7,265
2,893
531
2,569
452
-
-
38,681
-
-
637
138
1,792
-
129
-
2,696
4,413
1,677
8,996
2,361
8,687
4,038
22,096
1,785
2,000
2,000
523
-
-
-
-
-
-
497
497
-
-
-
-
-
184
184
-
-
540
355
-
-
-
-
-
-
1,097
2,681
6,981
2,553
922
135
340
474
320
280
-
5,024
800
-
-
127
-
-
927|
|---|---|---|---|---|---|
||Parish expenses
Sacristy expenses
Stewardship envelopes
Printing, stationery and postage
Church Music Licence
Sundry expenses
Link and other materials
**CHARITABLE GIVING**
Funeral Collections (see note 1)
Wem Youth Club
Wem Store Cupboard
Special collections (see note 1)
Caring and Sharing (see note 1)|||||
**-4`-**
**Parochial Church Council of the Parish of St. Peter's and St. Paul's, Wem FOR THE YEAR ENDED 31st DECEMBER 2024**
## **NOTES TO THE ACCOUNTS**
|7
8
9
10|**INVESTMENTS**
CBF Shareholdings
at market value
**CURRENT ASSETS: DEBTORS**
Income Tax Recoverable
Other Debtors
**LIABILITIES DUE IN ONE YEAR**|-|**Funds:**
**Unrestricted**
3,422
1,500
1,500
1,380
3,510
4,890
301,157
56,178
87,769
-
77
-
269,643|**_2024_**
**Restricted**
43,263
-
-
-
-
-
102,838
20,049
39,726
-
968
-
84,129|**Total**
**Funds**
46,685
1,500
-
1,500
1,380
3,510
-
4,890
403,995
76,227
127,494
1,045
-
353,772|-
-|**Funds:**
**Unrestricted**
3,346
4,500
-
4,500
923
923
316,801
63,825
77,575
-
290
2,184
301,157|**_2023_**
**Restricted**
42,295
-
-
-
79,749
24,208
6,969
-
3,666
2,184
102,838|**Total**
**Funds**
45,640
4,500
-
4,500
-
923
-
923
396,550
88,033
84,544
3,956
-
403,995|
|---|---|---|---|---|---|---|---|---|---|
||**OTHER CREDITORS**
Utilities
Other
Churchyard maintenance
**MOVEMENT ON FUNDS**
Balance at 1st January
Income
Expenditure
Gain on Investments
Transfers between funds
Balance at 31st December|||||||||
**-5-**
## **Independent examiner’s report to the Parochial Church Council of Wem**
We report to the council on our examination of the PCC accounts for the year ended 31 December 2024 laid out on pages 1 to 5.
## **Responsibilities and basis of report**
As members of the PCC you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
We report in respect of our examination of the PCC's accounts carried out under section 145 of the 2011 Act and in carrying out our examination we have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner’s statement**
We have completed our examination. We confirm that no material matters have come to our attention in connection with the examination giving us cause to believe that in any material respect:-
1 accounting records were not kept in respect of the PCC as required by section 130 of the Act; or
2 the accounts do not accord with those records; or
3 the accounts 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.
We have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## **James Holyoak & Parker Limited**
Chartered Accountants Shrewsbury SY1 3GA
-6-