St George's- Newcastle Under Lyme- TAR (Trustees Annual Reportl- Year Ending 2024 z GE:RGE'S < NEVVCASTLE LO',I- GOD BdlLD COMMLINITY TRliSFoR1I4 LIVES Annual Report and Financial Statements of the Parochial Church Council of The Parish of St George's Newcastle Under Lyme st For the year ended 31 December 2024 Charity registration number: 1206560 Poge I
St George's- Newcastle Under Lyme- TAR (Trustees Annual Reportl- Year Ending 2024 DIOCESE OF LICHFIELD Come follow Christ in the footsteps of St Chad The Parochial Church Council of The Parish of St George's Newcastle Under Lyrne st Trustees, Annual Report for the year ended 31 December 2024 Chority registration number.. 1206560 Ob ectives and Activities The Parochial Church Council of The Parish of St GeoTBe's Newcastle Under Lyme (the PCCI has the responsibility of co-operating with thè incumbent. thè Rèverend Martin Ball. in promoting In the ecclesiastical parish, the whole mission of the Church. pastoral, evangelical, social and ecumenical. The PCC is also spiritually responsible for the malntenance of the church The PCC is comrnitted to enabling as rnany people as possible to worship at OUT church and to become part of our parish communitv at St George's Newcastle Under Lyme. The PCC maintains an overview of worship throughout the parish and Makes suggestions on how our services can involve the many groups that live within our par5sh. Our services and worship put faith into practice through prayer, scripture, music and sa¢rament. Also, through norn sacramental activltles of hospitality and fellowship we aim to reach non churched rnember5 of the community. Publlc Benefit The trustees of the Charity are aware of the Charrty Commission's guidance on public benefit in The Advancement of Religion for the Public Benefit and have had regard to it in their administration of the Charity. The trustees believe that, by promoting the work of the Church of England in the Ecclesiastical Parish of St George's Newcastle Under Lyme, it helps to promote the whole rnission of the Churth (pastoral, evangelistic, social and etmenIcall more effectively. within the Ecclesiastical Parish, and that in doing so it provides a benefit to the public by.. Providing facilities for public worship. pastoral care and spiritual, moral and intellectual development, both for its members and for anyone who wishes to benefit from what the Church offers,. and Promoting Christian values and Service by members of the Church in and to their communities, to the benèfit of individua15 and society as a whole. Poge 2
St George's- Newcastle Under Lyme-TAR (Trustees Annual Reportl- Year Ending 2024 Achievements and Performance Mission or Vlslon Statement Our vision is to.. Love God. Build Community and Transform Lives. We are using the Lichfield Diocesan identified rnission themes (under the heading of 'Going for Growth'l Bs the vision basis for moving the church into growth. • DlscoverSng the heart of God • Growlng disciples • Reaching new generations Transformlng communlties • Practicing generosity Mtssion Reverend Martin Ball came to St George's in 2011 with the aim of building a strong local church that is evangelical and charismatic in nature. It is continuing to grow into multi-generational and multi-ethnic Church, drawlng from a wider area than just the local parish. In 2017 the church became more fully part of the HTB network of churches. Connectin8 & Outreach: Connect Groups The church runs midweek Connect Groups which meet in homes. Thèse groups allow for more integration, relational building, en£0rageMent, the ability to meet pastoral needs, accountability, the opportunity to practlcalize what is spoken about on Sundays along with encouraging personal growth. This has been an important way of keeping the church together and making a stronger community. Alpha We ran Alpha. and had the largest group attend we have ever had. Almost all partlcipants are now attending the church. Ids Church Kids church is continuing to grow, and the children are growlng In their faith. We have consistent numbers from week to week of varying ages. We spilt out the groups again age wise on Sundays, whlch has Included starting a youth group. We're building a great team, and the ministry is getting creatively focussed to deal with the variety of children's needs we have on site. Women arKI Men Our Women's Ministry- RISE and Men's Ministry- FORGE- continued to meet this year with the puryjose of providing a forum specifically for men and women to be built up. strengthened and encouraged. It was particularly encouraging that monev was raised by the women of the Open Doors charity at the Christmas Èvent. Focus Festival is an annual 'long weekend. summer camping festival organised by the HTB Network ai which about 8,000 people attend. This year more people- about 36 petsple from 5t George's attended thi5, Wlth 33 camping. The Light Party is our alternative Halloween event, and continued to build on the momentum of previous years, welcoming in children of pre-school & primary aged and their families. Our team curated a brilliant evening where families engaged with crafts, game5 and heard about Jesus. Our team worked hard to create a safe, fun and light filled night for all those who came and there continues to be positive feedbad( from the event. The Bonflre was held again on site for church familie5, friends and direct contacts that we have as a church in our community, with 198 in attendance. With a bonfire. fireworks and lots of treats fDodwise. it continues to be an encouraging community building event. It was a helpful link to the Light Party held the week before. The teamwork involved in putting it on was very beneficial, Christma5 Our RISE women's event saw around 40 ladies in attendan. This wa5 a wonderful opportunily to gather and catch one's breath by being able to get creative together and enjoy fellowship in a quality environment. before all the Christmas activitles. Part of the evening also focussed on looking at believers in countries where persecution is happening, and culminated in the opportunity of givinÈ financially to the charity Open Doors who work in these places. The Donkey (Living Nativity) service was very well attended with 160 people, and the donkey is much loved by all who come. This service has been a great fun way of presentin8 ihe Christmas Story through song and drama. effectively connecting with those who come and are unchurched. The advent season saw over 1700 people coming through our door5, plu5 we had over 300 at the Christmas Eve and Day services as well plus many unchurched visitors. On Chrlstmas Eve. people had the fun finishing their time with us by walking out of the church into Snow falling from our snow machine. Page 3
St George's- Newcastle Under Lyme-TAR (Trustees Annual Reportl- Year Ending 2024 Family E55entials St George's is continuing to run new charity project called 'Family Essentials, under the nationwide 'Love Your Nei8hbour' ethos, in partnership with our local church school. We have widened the opportunity to another school in the area a5 well. The aim of the project is io provide personal hygiene and wa5hin8 products for families who for example would use Food Bank andlor fall though the benefit cracks, as they work but cannot access benefits. Tot5 & Dots Our Tots and Dots parent and toddler group is fully subscribed with S0+ adults and children being allowed in at each session. The group has a reputatlon as a high-quality toddler group in the community. A number of the families attend the various outreach events that the church put5 on, and Strong relationships have been built. Some are now even attending church serviees too which is encouraging. Schools & College The vicar does regular assemblies for St Giles, & St George'5 CofE Academy, along Wlth some joint a55emblies with the rector of St Giles Church. The School a150 comes to St George's for certain events. The vicar 15 chaplain to the local Further EducatSon College INSGCI. wlth the maln influence currently experlented during the Christmas season where they hold their annual carol service In St George's, and at which the vlcar preaches. We continue to host the Newcastle under Lyme School INULSI for their annual Founders Day service with 7)+ in attendance. at which the vicar preaches. St Giles & St George's Academy visited the Churchl for a Christmas service. Churches Together Ilocal Churches) Joint Services St George's continues to be a part of the local network tsf churches, especially helping in thejoint Easter town centre servi. Servrces.. Online Sunday talks are put online each week, maintaining an online presence. This is especially valuable for people who rni8ht be serving in the children's ministry or not able to come through work commitments etc. Attendance In 2024. we saw an average attendance of 100 adult5 and children on Sunday mornings. Encounter is our monthly informal service and continues to be well attended. Midweek Connect groups are growing in number which is encouraglng. Easter.. Good Friday 2024 We had a service with 46 in attendance. From there we ihen went and helped lead and participate in the 'Churthes Together March of Witness, in the town centre, with about 150 in attendance from local churches. Easter Day 2024- encouragingly saw an increased attendance of 144 attending the service. Christmas.. Llving Nativity 2024- saw 160 in attendano1109 adult & 51 kid51 Christmas Eve 2024- saw 251 in attendance1210 adults & 41 kids) Christmas Day 2024-saw 50 in attendance141 adults & 9 kids) Through the Advent period. including other èvents in the thurch, we had about 1700 people though the doors. Weddings- O Funerals- 1 Baptisms- 11 Baby Blesslngs- 2 Giving We continue to offer Contactless, Online or Cash @iving as a church and are Èntoura8ed at thè genèrosity of our congregation. Grounds Volunteer5 are now regularly taking care of needs in the church grounds. We have been encouraged bytheteam being led bysteven Edge and also regular weekly volunteer help from individual5. Poge 4
St George's- Newcastle Under Lyme- TAR (Trustees Annual Reportl- Year Ending 2024 Financlal Revlew Net Total Assets.. £185,9741£195,332 20231 Deficit..1£12,82112024- Unrestricted Deficit.'1£12,9691- Restricted Exces5'. £148 IDeficit.. I£10,031120231 Overall Income ha5 decreased from £104.253 2023 to £100,913 2024. The most notable differences being reductions in 0101 Gift aid collections. 0550 donations and 0601 Tax recoverable and 1225 Car park receipts. However. there have been increases in 0301 Loose plate collection and 0303 Contactless. Expenditure has decreased from £114.187 2023 to £113,734 2024. The most notable differences bein8 increases in 2170 Education, 2331 Cleanin8 and 2340 Upkeep of Services. There have been reduttions in 2701 Church Major repairs. St George's are now registered with Charily Commission and the Charity Re8lStration number is 1206560. Thanks go to Melody for her continued support and hard work durbng the year. Klm Benton Resee5 Polic It is PCC policy to try to maintain a balanee on free reserves (net current a55etsl which equates to at least three months unrestricted payments. This 15 equivalent to £28,214 2024 1£28.167 20231. It is held to smooth out fluctuations in cash flow and to meet emergencies. The balance of the free reserves at the year-end was1£12.864120241£1,109 20231 however the PCC holds designated funds of £26,290 20241£15.286 20231 which can be transferred back to General funds. The overall total is therefore £13.426 2024 [£16,395 20231 which is marginally lower than this target. This could give rise to the question as to whether Newcastle St George remain a going concèrn. Thè PCC are aware of this and will look at the income and expenditure from the General Funds, ensuTin8 that expenditure is recorded against restricted funds if it 15 appropriate. Page 5
St George's- Newcastle Under Lyme- TAR ITrustees Annual Reportl- Year Ending 2024 Investment Polic The charity is granted power to invest in suitable inve5trnents under the PCC Powers Measure 1956 and the Trustees Act 2000. As a charity, the Trustees have a duty of care to take such advice as Is appropriate before investments are undertaken. This advice is sought from the Central Board of Finance ICCLAI in London. The charivs Investment policies a based on two key principles'.- Ethical Inve5tment- this includes en5urin8 that investments are held in companies which have high standards of corporate 8overnance and act in a responsible way towards stakèholders. Long-terrn responsibilities the trustees are aware of their long-term responsibilitles in respect of the Restricted and Unrestrrcted reserves and as a result follow a prudent approach to investment decisions. Investment policy for long-term funds is airned primarily at generating a sustainable incorne. with due regard to the need for the prèservation of capital value. and the possible need to realise Investments to meet operational needs. The charity does not have a policy of generating income at excessive or high risk- known as "purchasing income~ Whe high returns are guaranteed at the expense of capital. In summary, the charity ha5 an overall policy to maxirnise income while preservlng the real value of its funds. Due to the nature of the charity, an ethical investment policy is taken into consideration when investments are made.. The charity follows the Ethical Investment Advisory policy as recommended by the Lichfield Diocese which includes the following.. "We aim to invest in companies that.. will develop their business in the interests of shareholders,. demonstrate responsible employment practices,. are conscientious concerning issues (>f corporate governance. the envlronment and human rights,. are sen51tive to the comMnity in which they operate." Planned giving. collections and donations are the rnain sources of fund raising along wlth tax recoverable. Safe ardrn The PCC believe they have fulfilled thelr duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 Iduty to have due regard to House of Bishops, guidance on 5afeEuarding childrèn and vulnerable adults). Re ortln Serlous Incidents A Serious Incldent is an adverse event. whether actual or alleged. which results in or risk5 518nificant harm to the charity's beneficiaries, employees, office holders, volunteers or to others who come into contact with the charity through its work, loss of the charity's Money or assets, damage to the charity'5 property or harrn to the charitvs work or reputation. The trustees are not aware of any Serious Incidents in thè last year Fundralsln The PCC takes its fundraising responsibilitie5 seriously and is very grateful to all donors whether regular or occasional for their support of the church and church events. PCC supporters are never taken forgranted. The PCC take full responsibility for fundr3i5in8 and do not use commercial organisations or professional fundrai5eTS. All money raised is either by donation5, fundraising event5, special appeals or legacies for which the PCC are most grateful. Volunteérs The members of the PCC would like to thank all of the 41 volunteers who work so hard to make our Church a lively and vibrant community. Our special thanks go to our church warden Dave Murray, and Martin B311, who ha5 helped us all understand the church's accounts and its finances. Risk Mana ement The Church Wardens carry out regular Health and Safety Review5 and regularly inspect premises for potential hazards. We have safeguarding policies in place for child protection and for work with vulnerable adults, including rigorous DBS chetking of staff and volunteer5. Our insurances are reviewed annually to ensure adequate cover. An informal review of any new risks which may impact the work of the Church in the Parish is ongoing. Poge 6
St George's- Newcastle Under Lyme- TAR (Trustees Annual Reportl- Year Ending 2024 Structure Governance and Mana ement The PCC is a Body Corporate established by the Church of England and is a Charity registered with the Charity Commission. The PCC nd is governed by the Parochial Church Council Powers Measure119561 as amended that came into effect on 2 January 1957, and the Church Representation Rules (contained in Schedule 3 to the Syn<>dical Governmernt Measure 1969 as amended). The method of appointment of the PCC members is set out in the Chltrch Representation Rules. The Council comprises the Incumbent, the Churchwardens, a representative of the Readers. those elected to the Deanery Synod, and other members who are elected at the Annual Parochial Church Meeting, by those on the Electoral Roll. Thè PCC members receive training from courses run by the Diocese. Mèmbers of the congregation are always uiged to join the Electoral Roll, and to Stand for election to the PCC. The PCC member5 are responsible for making decisions on all matters of general concern and importance in the parish. and for all financial matters. The PCC met 4 times during the year. Related Parties The PCC employs Melody Ball who 15 the daughter of Revd Martin Ball. The PCC discussed the appointment some years ago Wlthout Revd Ball present and decided that she was the best candidate for the job. Melody joined the PCC during 2021 Donatlons from Related P rtl Donatsons from 4 related parties IPCC membersl during the year totalled £21,488 2024 IEII,'600 20231. All these donations were received without conditions. Some PCC members give direct to Give a little. We will keep records of these donations to include in the 2025 end-of-year report. Remuneration aid to Trustees One of the trustees has been paid Temuneration of £27,990 20241£27,622 20231 Ex enses ald to Trustees One trustee was reimbursed £647 20241£369 20231 for travel during the year. Puge 7
St George's- Newcastlè Under Lyme- TAR (Trustees Annual Reportl-year Ending 2024 Reference and Adminlstratlve Det Charlty Name.. The Parochial Church Council of the Ecclesiastical Parish of St George'5 Newcastle Under Lyme Other names the charity is known by.. St George's PCC Reglstered Charity Number.. 1206560 Charitvs prSnclpal addrèss: St George's Church Queen Street Newcastle Under Lyme ST5 2UB Correspondence address: St George's Centre Cherry Orchard Newcastle Under Lyme ST5 2UB Website address.. htt s.. www.s nchurch.or .uk PCC Members.. Who Served from l January 2024 to the date this report was approved Trustee name Office lif any) Dates acted if not for whole period Ex-officio Revd Martin Ball Chairperson David Murray Churchwarden Elerted Members Paulo Sardlnha Gift Aid Secretary Steven Edge Melody Ball Sin70ne Bouwer PCC Secretary Elected 23° April 2023 Elected 21. April 2024 Elected 21, April 2024 Andre Rabbi Tarroni Barbosa Lorrany De Oliveira Gomes Tarroni Abigail Wong Elected 21. April 2024 Poge 8
St George's- Newcastle Under Lyme- TAR ITTustee5 Annual Reportl- Year Endlng 2024 Bank National Westminster 75 Hlgh Street Newcastle ST5 IPN Investment CCLA Managers l Angel LD London EC4R 3AB Independent Exam5ner Jonathan Hill Lichfield Diocesan Board of Finance 5t Marys House. The C105e. Lichfield. W513 7LD Approved by the p on 18.03.2025 and signed on its behalf bv.. Revd Martin Ball Page 9
St George's- Neweastle Under Lyme- TAR (Trustees Annual Reportl- Year Ending 2024 Independent Examinerfs report to the ttee5]memberS of The PCC of The Parlsh of St George's Newcastle Under Lyme Charity registration number= 1206560 I report on the accounts for the year ended 31" December 2024 whFch are set out on the following pages. Res ective res onsibilities of the Trustees and Inde endent Emamlner The charity'5 trustees are responslble for the preparation of the accounts. The charity'5 tru5tee5 consider that an audit is not required for this year under Section 144 of the Charities Aet 2011 Ithe Charities Act) and that an independent examination 15 needed. It Is rny responslbllStv to exarnine the accounts under section 145 of the Charities Act, to follow the procedure5 laid down in the General DiTections Eiven by the Charity Commission (under section 14515llbl of the Charitie5 Act, and to state whether particular Matters have come to my attention. Basis of Inde endent Examiner'5 Statement My examination was carried out in accordance with the General Directions given by the Charity Commi55ion. An exarnination includes a review of the accounting record5 kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or dlsclosures In the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and Consequently no opinion is 8iven as to whether the accounts present a "true and fairt view and the report is limited to those matter5 Set out in the staternent below. Inde endent Examinèr's Statement In connection with my examination, no material matters have come to my attention which 8ives me cause to believe that in any material respect.. accounting records were not kept in accordance with section 130 of the Charities Act or the accounts do not accord with the accounting Tecords I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reathed. Signed.. Date.. 16 12025 For and on behalf of Lichfield Diocesan Board of Finance St Mar¢$ House, The Close, Lichfleld WS13 7LD Poge 10
st George's- Newcastle Under Lyme- TAR (Trustees Annual Reportl- Year Ending 2024 The Parish of St Geor e's Newcastle Undèr L me Notes to the Financial Statements For the year ended 31" December 2024 The Financial 5taternents of the PCC have been prepared in accordance w¢th the Churth Accountlng Regulations 2006 using the Receipt5 and Payments ba51S. There may be mSnor dlscrepancles In the totals as the pence are not being shown. The financial statements have been prepared underthe hi5toric31 c05t convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial 5tatement5 include all transactions, assets and liabi15ties 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. Cashflow Statement The Charity has taken advantage of the exemption in FRS102 from the requirementto produce a ca5hflow staternent on the grounds that the income does not exceed £500.000. Goin8 Concern It is PCC policy to try to maintain a balance on free reserves (net current as5et51 which eqtjates to at least three months unrestricted payments. This is equivalent to £28,214 2024 [£28,167 20231. It 15 held to 5rn00th out fluctuations in cash flow and to meet emergencies. The balance of the free reserves at the year-end was1£12.864120241£1,109 20231 however the PCC holds designated funds of £26,290 20241£15,286 20231 which can bè transferred back to General funds. The overall total is therefore £13.426 2024 [£16,395 20231 which is rnarginally lower than this target. This could give rise to the question as to whether Newcastle St George remain a going concern. The PCC are aware of thi5 and will look 8t the income and expendiiure from the General Funds, ensuring that expenditure is recorded against restricted funds if it 15 appropriate. Accounting Estimates and Prior Yèar Errors No change5 to accounting e5tirnate5 have occurred in the reporting perlod. No material prior year error5 have been identified in the reporting period Descrfptlon ol Funds Unrestritted funds are income funds of the PCC that are available for spending on the general purposes of the PCC, including amount5 designated by the PCC for fixed assets for its own use or for spending on a future project and which are therefore not included in its 'free reserves" as disclosed in the tru5tees' annual report. An explanation of purposè of each Deslgnated fund are as follows Tots & Dots- Funds set aside for the Mother and Baby group Fabric Fund- Funds set aside for the upkeep of the Fabric of the buildin8 Page 11
St George's- Newcastle Under Lyrne-TAR (Trustee5 Annual Reportl- Year Ending 2024 Restrlcted funds comprise of two elements :_ al income from trusts or endowments whith may be expended only on those restricted objects provided in the terms of the trust or bequest bl donations oi grants received for a specific object or invited by the PCC for a specific object. The funds may onlv be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where therè is no separate investment, interest is apportioned to individual funds on an average balance basis. An explanation of purpose of each Restricted fund are as follows.. Dutton- AV Dutton for the Poor- This was a historic legacy to be used for the prevention or relief of poveTty for elderly people by providing grants. This Is registered with Charity commisslon in its own right. Charity number: 216094 Fab1262- FabricTrust 1262 Fund- A historic legacy that was to used for refurbishment and or repair of the fabric of the Church Fabric- Restricted to the upkeep of the Fabric of the building Endowment funds are restrlcted fvnds that must be retalned as trust eapltal either permanently or subject to a dlscretlonary power to spend capital as income, and where the use of any income or other benefit derived from the capital rnay be restricted or unrestricted. Full details of all their restrictions are shown in the note5 to the accounts. An explanation of purpose of each Endowment fund are as follows: Dutton- AV Dutton for the Potsr- This was an historic legacy to be used for the prevention or relief of poverty for elderly people by providin8 grants. Thi5 15 re8lStered with Charity commission in its own right. Charity number.. 216094 Incoming Resources Planned giving. collections and donations are recognised when received or when the PCC becomes entitled to the resource and the monetary value can be measured with Sufficient reliability. Tax refunds are recognised when the Incoming resource to which they relatè is receivèd. Grants and Legacie5 are accounted for when the PCC is lÈÈally entitled to the amounts duÈ and the monetary value can be measured with sufficient reliability. Dividend5 are accounted for when receivable, interest Is accrued. All other income is recognised when it is receivable. All incoming resources are accounted for gross. Resources Expended Grants and donations are accounted for when paid over, orwhen awarded, if that award creates a binding orconstruttive obligation on the PCC. The diocesan parish Share is accounted for when due. Amounts received specifically for mission are dealt with a5 restricted funds. All other expenditure is generally recognised when it is incurred and is accounted for gross. Governance and Support Costs Support cost5 should be allocated between governance costs and other support. Governance costs comprise all cost5 involvin8 public accountability of the PCC and its compliance with regulation and good prattice. Support costs include central functions and have been allocated to activity Cost categories on a basis consistent with the use of resources eg by allocating staff costs by time spent and other costs by their usage. Fixed Assets Consecrated and benefice property is not included in the account5 by s.1012llal&lCI of the Charities Act 2011. Moveable church furnishings held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the Church's inventory, which can be inspected lat any reasonable timel. For anything acquired prior to 2000 there is insufficient cost information available and therefore such 355et5 are not valued in the financial statements. No depreciation is provlded on bulldlngs as the currently estimated residual value of the properties is not less than their carrying value and the remaining useful life of these assets exceeds 50 years, so that any depreciation charges would be immaterial. Other tangible fixed asset5 are valued at Cost. The depreciation rates and methods used are 50% per annum. Ptige 12
St George's- Newcastle Under Lyme- TAR (Trustees Annual Reportl- Year Ending 2024 Investments Investments in quoted share5, traded bonds and similar investments are valued initially at cost and subsequently at market value at the year end. Inve5trnent5 held for re-sale are treated as current asset investments. Debtors Debtor5 are measured on initial CognItion at settlement amount. Subsequentlythey are measured as cash expected to be received Credltors and Accruals Creditors are measured at settlement amounts less any trade discounts. Accruals are measured on best estimate of the amoL¢nt required to settle the obligation at the reporting date. The Porlsh olNewcartle-St George yeor ending2024 Receipts and Payments Account 2024 Unrestrlcted Designated Re#ri¢ted Endowment funds funds fund5 funds 2024 2023 Receipts Donations and legacies Income from charitable activitie5 Other trading activities Investments Other income Total Income 73,114 4.414 20,994 358 475 73,590 71.598 4.414 6.013 21.511 23,902 1,398 2,738 517 li 1,028 98,881 1.004 1.028 100,913 104,252 Payments Raising funds Expenditure on charitable activities Other expenditure Total expendlturè 6,520 106.333 6,520 3,739 107,213 110,543 880 112,854 880 113,734 114.283 Net Income / {expenditurel resources before transfer 113,9731 1,004 148 112,8211110,0311 Tran5fer5 Gross transfers between funds- in Gross transfers between funds- out other recognised gains I losse5 Gainsjlosses on investment assets Gains on revaluation, fixed assets, charity's own use Net movement in funds 10,000 10,000 493 (lo.0> 14941 iio,0001 2.628 834 3,463 15,930 113.9731 11.1)04 17.2231 834 19,3571 5.899 Reconciliation of funds Total funds brought forward 1,109 15.286 141.985 36,951 195,331 189,432 Totsl funds carried forward 112A641 26.290 134,762 37.786 185.974 195,331 Page 13
5t George's- Newcastle Under Lyme- TAR (Trustees Annual Reportl- Year Ending 2024 5taternent of asset5 and Ilabllllle$ 1024 Class and nomlnal code General Desfgnated Restricied EndowmEnt 2024 2021 Fixed A55et- Inve5trnent5 C03058249.' CCLAAV Outton 360900001T CB3008569.. CCLA Newcasde S.GeorBe TN1262 Toral CurrentAsset- Cash At 8ankAnd In Hand )018384.. 8ank current a/c CAF 094989. eank deposit ali CAF 08137153.. Bank current alc Natwest 13023802.. Bank depDsit alc Natwest 5095135039.. CAF 90 Day Access Account 6590.. Cash in hand CB3008561.. CBF knthfi@Id Trust- Caddick Total ability-Agen¢¥Acwunts 6699.. Agtrnty collections 37,786 37,786 36,951 117,471 117,471 L14,843 117,471 37,786 155,257 151,794 48 912 989 1.836 11481 11.375 22,172 15,480 19,326 141 141 1,097 1.097 30.891 43,587 10,024 19,5451 17,9381 13,317 115,099121,507 55 141 112.864126,290 1,356 5,*5 9,071 955 L7,464 174 174 174 174 50 50 Net total assets 112,864126,290 134,762 37,786 185,974 19S.331 Approved by rhe PCC on 18.03.2025 ènd $i8ed on its beha by= evd Martin 8all Page 14
st George's- Newcastle Under Lyme- TAR ITrustees Annual Reportl- Year Ending 2024 Statement of asset5 and liabilitie5 2023 Cla55 and nominal tode General Deslgnated Restricted Endowment 2023 2022 Flxed Asset- Investments C03058249.' CCLA AV Dutton 360900001T CB3008569'. CCLA Newcastle S.George TN1262 36,951 36,951 33,842 114,843 102,022 36.951 151,795 135.864 114,843 114,843 Total Current Asset- Cash At Bank And In Hand 00018384.. Bank current alc CAF 00094989.. Bank deposit alt CAF 08137153- Bank current alc NatWe5t 13023802: Bank deposit alc Natwest 5095135039.. CAF 90 Day Access Account 6590.. Cash in hand 6593.. Cash Mother&Baby Group C83008561.' CBF Lichfield Tru5t- Caddick 18 990 1,022 11471 335 22,172 19,969 19,326 21,408 141 24 25 1,097 10,857 43.587 53,658 990 110,5371 3,317 21.508 9,157 3,009 111,2531 55 1,233 15,847 9,072 86 142 1,109 955 27,192 Total 15,286 Llabillty- Agenry Account5 6699: Agency collections 50 50 50 50 90 90 Total Net totsl a55et5 1,109 15,286 141,985 36.951 195.332 189.432 Puge IS
st George's- Newcastle Under Lyme- TAR (Trustees Annual Reportl- Year Ending 2024 Analysls of receipts and payments 2024 Unrestricted Designated Restricted Endowmènt 2024 2023 RECEIPTS Donations and legacles 0101 Gift Aid Collections 0201- Non Gift Aid Collections 0301- Loose plate collections 0303 - Contactless 0550- Donations 0601- Tax recoverable on Gift Aid 08AI- Non-recurring one-off grants 0901- Other funds generated Donations and le8acie5 Totals Income from charitable activlties 0902 - Heating- Weddings&Funerals 1101 Fees for weddings and funerals 1230- Church hall lettinEs objectives Income from charitable attivities Totals Other tradlng attivities 1225- Car park receipts 1301- Fetes and events Other trading activities Totals Invertments 1001- Dividends 1020- BanklBuilding soclcBF interest Investments Totals Receipts Grand totals 16,803 22,021 4,217 19,675 6,237 4.147 16.803 20.641 22.021 22,004 4,217 2,482 19,675 8,551 6,237 8,161 4.147 8,348 1,000 407 71,598 12 73,114 475 475 488 73.590 120 104 4,191 4.414 120 104 4,190 4,414 298 5,715 6.013 19,900 1,094 20,994 19,900 23.200 1,611 702 21.511 23,902 517 517 1,028 1,028 2.024 369 714 1.398 2,738 100,913 104.2S2 358 358 98,881 li li 1.004 1,028 1.028 PAYMENTS Raising funds 1730- Costs of fetes & other events 1740- Bank Charges Raising funds Totals Expenditure on tharitable activltles 1731- Hospitality 1801- Givlng to missionary societles 1850- Home mission 1910- Common Fund 2003 Cleaner 2050- Salary of parish administrator 2101- Working expenses of incumbent 2150- Vicar's telephone 2170- Education 2201- Parish tralning and mission 2301 Church running- insurance 2310- Church office- telephone 2320- Organ I piano tunin8 2330- Church maintenance 2331- Cleaning 2340- Upkeep of services 2350- Upkeep of churchyard 2360- Administration 2370- Visiting speakers I locums 2401- Church running- electric 6,460 60 6,520 6.460 60 6,520 3,635 103 3,739 1.441 1.400 301 32,001 3,771 31.249 647 255 2,925 1,988 7,595 697 408 2.024 2,049 3,060 493 6.589 1,441 1,486 1,400 805 301 161 32.001 30,477 3,771 3,731 31,249 30.093 647 368 255 313 2.925 1,963 2,868 3,756 7,595 7.216 697 679 408 18 2.024 I,Isi 2,049 1,967 3,060 321 493 287 6,589 6,129 880 2.336 Poge 16
St George's- Newcasile Under Lyme-TAR (Trustee5 Annual Reportl- Year Ending 2024 2410- Church running- gas 2420- Chu¥ch runnin8- Water 2440- Church running- heating and lighting 2560- Hall running- maintenance 2561 Equipment purchased 2701- Church major repairs- structure Expenditure on charitable activities Totals Payments Grand totals 3.014 985 6,095 6,095 411 605 12.260 107,213 110,543 113.734 114,283 1,330 1.330 106,333 112,854 880 880 Fund movement by type 2024 Fund Opening Incoming Outgoin Transfers Gains/Losses journals Closing Outton Restricted Endowment Sub-totals 5.932 36.951 42,883 1.028 880 6.081 37,786 43.867 834 834 1,028 880 Tots.Dots Designated Sub-totals 2.450 2,450 992 992 3,443 3.443 Transform Restricted Sub-totals 11.0781 11,0781 11,0781 11.0781 General Unrestricted Sub-totals 1.109 1,109 98,881 98,881 112,854 112.854 129,3371 112,8631 129.3371 112.8631 FabrTc Designated SulFtotals 12,835 12,835 li li 10,000 10,000 22,846 22.846 Fab1262 Restricted Sub-totals 126,175 126.175 2.628 2,628 128.803 128,803 Fabre5 Restricted Sub-totals 10,955 10,955 iio,0001 iio,oool 955 955 Totals 195.331 100,913 113,734 3A63 129,3371 185,974 Poge17
St George'5- Newcastle Under Lyme- TAR (Trustees Annual Reportl- Year Ending 2024 Fund movement by type 2023 Fund Opening Incomlng Outgoing Transfers GainslL055es Journals Closin Dutton Restricted Endowment 4.446 33,842 38.287 2,025 538 5,933 36,951 42,884 3.110 3.110 Sub-totals 2.025 538 Tots.Dots Designated 1,875 1,875 839 839 263 263 2,451 2,451 Sub-totals Transform Restricted 1,077 1.077 11,0771 11,0771 Sub-totals General Unrestricted 15711 15711 101.273 101.273 100,085 100.085 492 492 130,4771 130,4771 1,109 1,109 Sub-totals Fabri De518nated 25,629 25.629 18 18 12,320 12,320 14921 14921 12,835 12.835 Sub-totals Fab1262 Restricted 113,354 113,354 12,821 12.821 126,175 126.175 Sub-totals Fabre5 Restricted 10,857 10,857 98 10,955 10,955 Sub-totals Totals 189.432 104,253 114.284 15,931 130,4771 195,332 Staff Costs 2024 2023 Wages & Salaries Social Securit costs Average number of Employees £32,414 £ 2,607 £30,731 £ 2,470 During the year the PCC employed an adfflinistrator and a church cleaner one part-time and one full time. Not all payments were large enough to attract social securlty ¢OSt5. There were no employee benefits to key management personnel in the previous or Current year. The PCC use the National Employment Savings Trust INestl via the Diocesan Payroll Scheme, for its pension payments £6521£622 20231 Page 18
St George's- Newcastle Under Lyme-TAR (Trustee5 Annual Reportl- Year Ending 2024 Trustees, Remuneration & Ex enses One of the trustees has been paid remuneration of £27,9901£27,622 20231 One Trustee has been reimbursed £647 2024 [£369 20231 for travel expenses incurred during the year Related Parties No other expense5 were paid to any other PCC member, per50n5 closely connected to them or related parties. Donations from related parties IPCC membersl totalled £21.4881£11.600 20231 Fees lor the Examination of Accounts 2024 2023 Independent Examinerfs fees 150 150 Other fees le8 accountsncy services) paid to the Independent Examiner Total 935 750 1,085 900 Anal sls of Transfer between Fund5 2024 Reference Tfr from Fabric restricted to Fabric de51 nated Tfr from FabrSc restrict to Fabric nated Debit Credit Desuiption Tfr from Fabric restricted to Fabri¢ de51 nated Tfr from Fabrit restrictsd to Fabric desl nated Fund Fund Type io.000.00 Fabres Res ID 000.00 Fabri De5 An I sis of Transfer between Funds 2023 Deblt Credit Description Fund Fund Tfr from Fabric to General posted incorrectly in previous years Tfr from Fabric to General posted incorrectly in previous year5 Tfr from General to Fabric posted incorrectly in previou5 year5 Tfr from General to Fabric posted in¢orre¢tly in previous years 492.76 Fabric De5 492.76 General Unr General Unr Fabric De5 Page 19
St George's- Newcastle Under Lyme-TAR ITru5tee5 Annual Reportl- Year Ending 2024 Fixed A55ets Fixed Asset Investments Atljan Additi Disposal Transfer Change in Market Value At31 Dec ons Unrestricted funds Investments o.oo 0.00 0.00 0.00 0.00 0.00 Restricted Funds Investrnents 114,843 0.00 2,628 117,471 Endowment Fund Investments 36,951 0.00 0.00 0.00 835 37,786 Total 151,794 0.00 0.00 0.00 3,463 155,257 CB3008569 CCLA ICBFI St Georges NUL- Fabric Trust 1262- Restricted £117,471 20241£114,843 20231 CB3058249- CCLA A V Dution- Endowment- £37.786 20241£36.95120231 Poge 20
st George's- Newcastle Under Lyme- TAR (Trustees Annual Reportl- Year Ending 2024 Summary of Assets by Fund 2024 Unrestricted 112,8641 Designated Restrirted Endowment 2024 112,8641 22,846 3,443 6.081 128,803 955 11,0781 37,786 185,974 2023 1,109 12,835 2,450 5,932 126,175 10,955 11,0781 36.951 195,331 General Iunrestrictedl Designated Fabric Designated- Tots.Dots Restricted- Outton Restricted- Fab1262 Restricted- Fabre5 Restricted- Transform Endowment- Dutton Total 22,846 3,443 6,081 128,803 955 11.0781 37.786 37.786 112A641 26,290 134,762 Summary of *155ets by Fund 2023 Unrestricted Restricted Endowment 2023 2022 Unrestricted General fund 1,109 1,109 15711 Designated Fabric fund Tots & Dots 12,835 2,451 12,835 2,451 25,629 1,875 Restricted A V Dutton for the Poor Agency collection Boiler Fabric restricted Fabric Trust 1262 fund Roof Transform 5,933 5,933 4,446 10,955 126,175 10,955 126,175 10.857 113,3S4 11.0771 11,0771 Endowment A V Dutton for the Poor 36,951 36.951 33,842 Total funds 16.395 141,985 36,951 195332 189.432 Page 21
St George's- Newcastle Under Lyme-TAR ITrustees Annual Reportl- Year Ending 2024 Receipts & Payments Comparatives Previous Year 2023 Receipts and Payments Aetount 2023 Unrestricted Restrirted Endowment funds funds funds 2023 2022 Income and endowment5 from: Donations and legacies Income frorn charitable activities Other tradin8 activities Investments Other income Total income 71,598 6,013 23,902 616 71,598 6,013 23,902 2.739 85.455 1,870 19.946 211 2.123 102.130 2,123 104.253 107,482 Expendlture on: Raising funds Expenditure on charitable activities Other expenditure Total expendlture 3,285 109,384 455 1,160 3,740 4,253 110,544 102.934 112.668 1,615 114.284 107.187 Net income I lexpendlturel resour$ before transfer 110,5381 110,0311 294 Transfers Gross transfers between funds- in Gross transfers between funds- out Othèr recognised gains I losses Gains/losses on investrnent assets Gain5 on revaluation. fixed assets, charity'5 own use Net movement in fvnds 493 14931 493 1,240 14931 11,2401 12,821 3,110 15,931 114,8251 110,5381 13,329 3.110 5,900 114.530) Total funds brought forward 26,934 128.657 33.842 189A32 203.962 Total fund5 carried forward 16,395 141.985 36,951 195,332 189,432 Poge 22