Charlty regIstr10 number 1207849 GUARLFORD AND MADRESFIELD WITH NEWLAND PCC ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
GUARLFORDAND MADRESFIELD WITH NEWLAND PCC LEGAL AND ADMINISTRATIVE INFORMATION Trustee8 Rev G P Cr¢lNn Mr C J Bennètt MrR D LFelow6 Mg E Palmgr Ms M Robertson MrsABtsnnett Ms M J Bamwell XX- Tntee wh dI8n$8tn ¢harlty numb 1207849 Prlnclpal 4ddfOS¥ Th6 Wcatsge 31 The Gr8enw8y Collotts Grèa Powlck Worcester WR2 4RZ IndopqThdont examlner Kend811 Wadl6y LLP (*8nts L8dgb 71 Graham Road Mafvern WorcestsrÉhir8 k142JS Banko Lbyds Bank PLC 4 Th8 CrDSS WoTcggtgr WR13PY
GUARLFORDAND MADRESFIELD WITH NEWLAND PCC CONTENTS Pag• Trugtees, rtrport Indapendent examlnovs roport 8tatem8nt of finon¢lal a¢lMIi8s 8alfince sheot 10 Notes to tha ffn&ne1 statèments 11-22
GUARLFORD AND MADRESFIELD WITH NEWLAND PCC TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The Trusleeg pm$ot)1 th8lr annual report and firtancial statgThnts fort ar èndèd 31 D&cr 2024. Th• Ilnandèl $tatements have be8n Prepar In accord8neè wth the a¢Unting pol195 set )trt In note 1 tts the flnon¢191 stslements and rnpty wtth the Chedty's governlng documènt, thè Charth65 Art 2011 and"AccounJng and R$porting by Ch¥rities'. Statsment of Recommonded Practke appll¢abl6 to charlllas preparfng thalr accounts In a¢¢tsrdante with th6 Flnancial Raportlng Standard applable in the UK end Republlc of Ir6land IFR8 1021" l¢ffe¢tNts 1 January 20191. The PCC r&gi8tered as a charity on 15 April 2024. Thè name of th8 charty Is 'Guarfford and Madresleld wlth Newlsnd PCC. IGMNI. The re9lster8d eh8rfty numb&r18 1207849. The Churches al Guarfford 4nd Mgdrosfiold arg lorat4d centrally In eath vrllage. Tha Newland Churehygrd $6ts 8djaeènt to the 8eauchamp Communty. &n Jxtra pgro¢hlal pla¢&. Tho b•noficth is part oflhe Ma5vem and Upton Degnfrry In tho DI0$ of Worcèster, withln Ihg Church ofEngland. object19 and a¢tlvllles Eo¢h PCC 1$ a body COorate (PCC Powors Measur6 1956, Church Roprgsentatlon Rules 20211. The PCC of the pari$h has the rosponslbllty tsf tto-operatlni with The Rgv&rend Cary Cmfll•, tho Rodor ol th¥ Parish of (>Jarlford ar)d Madresfleld wlh Newland, In promotlng In the eccleslastic&l paiish the who16 mtsslon of the Chur¢h - pa$ttsral, èvknu81lsc, 30¢1al and e¢um6nl¢ol. tt also has the re$ponBlbllMy of lobterln9 an approprf8ts relationship with our Church4¢ded school In tho prtsh- Mttdrèsfjald chh of England Prfm&ry School. The PCC are fosponslble forthe ¢hur¢h bulldlngs al th& Churches at Guarllord and madre6r1d- th the ¢hur¢hyards Èt both churchos ¥nd ¥dditionally at Newland Village on the ofst Leonard's ChUrChe Beauchamp Communty. The Twstso8 h&vg paSd fegard to guldan¢o I$$u0d by th& charity et)mmlssfjon In decldlng what aVIte$ the Charty Should Undertake, AGhlovgm8nts and rforManCe Chur¢h Attendance Avprag8 SundayAttend8ncè Iba8od on tho 0ctobtsr224 C6n$us and Mlsslon Stat15Ucsl Guarfford Mudr¢sfield 10 EleotorAI Rolt Report.. A$ ol tho 31st Do¢8mber 2024 Ihore weTe 31 people on the Eleotoral Roll, of whom 8 were nonwrosklenl in thè parfsh. The R¢ll wa$ $ublect ts> rolllng r8vl8w this year. Marg81gt Tummy IElectotal Roll OfN¢&rl. S8feguardlng Provhlons The followSng information has b¢on provsded by 8hella Lynes, the Parlsli&s' Safoguardlny Offi'cer. Th1$ ststement confirms that GMN PCC ho8 r¢mplied th rèquSrèments 05 88t out under Saelon 5A of Ihe Safe¥uardlng and Cleroy Dlsclpllnary Mea6ur& 2016 Ilhls Is the legol duty Imposed on th8 cleigy, reader5, lay wDrk$rB, churchwardens and PCC to have due regard tts tha guldancg Issu8d by thè House of &lshop$ on mfttto relatlng to the 8&fèguardlng of Chlklr&n and vulD8rable 8dultsl. W8 havo on8 DBS whleh Is up to date. (ho mombgr of the PCC n¢È(ts to update thèlrlralnlng, all othertraining is up to d8te. Th8 Dashboard 18 94% ctsmp18tgd,
GUARLFORD AND MADRESFIELD WITH NEWLAND PCC TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Wor#hlp Llturyy All churchè$ aTe followlng a fortnlghlly p£ttem of wL)rship - prgdomlnantly Cgnvnon Worshlp based "Llvlng communlon.with th6 Book of Common Prayar (BCPJ SetvIS featurlng too. Wlth numbers portSclpating dwlndllng to single figures, the Zoom based $orvlr¥$ h&v& largely been wlthdrown - whh Sunday BCP evenlng prayer only h&ppenlng once a rTh)nth. Café Chureh continues on 5th Sundays- 4 mot relaxgdAnlomial styb ¢¥f wor5hlp Often featuring guest speak¢rs orcharity PTesonlalons. On the run up to Chrk8tma¥, we had a $u¢cessfiJl Chrfstingle servlc6 Who 160 paople attended th the 8dded bonus of s6èin9 th8ir vloar °blown up'_ oftar all hé aay$ has an overin)I'ated oplnlon of hlrnselfl Al Chrlstmas, wo r•lumed to a morè tmdifjonal nfieTlng of Lessons 8nd Carols. 8tslwart5 oonunue to engage so Y( was good to see retumlng agaln Wl c8rol slnglng at C8lJow End and the Camls tho Malvam Hill$ Brass band In Guadford. Spèdal servic98 for Rem&mbrane# S4mday and SoulB Sunday ara a f¢ature" of our CDmrnnty en9agomont and conlnuè tv b$ well support45d. Tha schools attend the Televanl churches for 8e8sonal and termly servlces to mork Ch$tMas, Eester, Harvest and the gnd ofthe school y$ar, In partlcular. Our moln ¢onts¢t wth s¢ho¢ls Wlhoul the8e InhUrch saNco8 arè our ALMS and oll the Book leains- please $ge Ihelr reports for more detall. Th& Vl¢ar also 9UPPOrtg T¢mè Court Cara Hom# and &vem Helghts Care Home with worship and Msiyng Communk)n. A rnldweek servicè of Holy Communlon COnnueS tts tak86 place at Th6 Oreh8rd In Coll8tt6 Greon wlth good attendance nol6¢1. Oc¢a¥lonal Offke3 2024 Madrè¥flgldl Newland Guarlford Ba tlsm eddln ufteral" 10 °includlng buhal of ashes and sgrvicos ot Crèmotoria IWoTce¥ter Cty and The V810. Fladbury, mainly) Communlc&tlon Cornmunlcation wtth p4rlghioners remains a hlgh prlorfty 8nd one that 15 not th6 solo domaln of tho Vlcar and P8ri8hos' 8dmlnistralor. We all h8vo È re$pon$ibility of sharlng God word and what are doing locally, too. Tho P8rishes f&aluro ragu18rty in The GTrpovlnt) for th& GMN vlllages lonune only) and the oommgrclal new$pap¢r l¢trr Powlck, The po1¢k Times. An online presence ¢ontinu¢$ wllh our web$tte and Facobook. rhé Old Hill$ Melv&m He&dlln6s fortnbghlly n¢>w$heet continues to be tha maln8tsy ol our ¢ommunlcalbn. The w&b$its Is due lo migrate to Ih&"Hubb wtsbmast6r Its rè¢ommended by the Dlocasal next year, when 8uttabla capacty has betn Ilbttratgd to mak6 Ihls happen. Fabrk of th ¢hur¢h The Churd)warden5 acros? all tthurchos have dulgenlly dis¢haryèd their dull¢s to Onsuro that thè thur¢hos, largely, rèmain In gwd Drdèr. The irnpa¢t of tha Op6n Conv6rs8b'on6 proc98$ ha8 Somewhat delayed the very ne¢egs8ry strateglc plan for our churchès to gupport growth and evolutron tnd to fundraSse for eBsentlal or deslrable works to drlvo forward ¢>ur"vl8lon., A Bhort digest of undertakon 19 provlded below. The werdens c8n .upJ4to the parlshloners al Ihelr r¢sP9rtive meeting.
GUARLFORD AND MADRESFIELD WITH NEWLAND PCC TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Gultering and fjlo roplacemont ha8 8150 been undèrtakèn. Interosdng plans for th& poworing and hequng olthe ¢hurch arg In dev6lopment. Thè tr¢e8 In the churchyard rgmaln E concèm- a$ does the nurrbgrof remelnffin9 plols op&n for u80. A publE¢ meetlng wa9 hekl in Ortobèr 2024 , co¢ha¥od by the Vl¢ar and Ihe of 8ma110r Churches from tho Dloces& to dlscgrn how the church In the vlllagè can bé r&vltAlSged as a Iru8 communtty gs$oL Sidly. Ihls not attended weN but good CDntrlbutltsxs werg made from the PaTS$h Councll and congregatlonal r•pr8senlatives that attondod. As th¢ ygar to a clD8e. the church beearn& e•nrollad in a speculatfvé clalm for 8ub8lstenc affectlrsg g neatby propèrty USed, the claitnant beli9v&s, by th¢ tr9os In the church yard. Thls is boing vlgorously ¢onlo$16d. Th8 codar frèe and Its Imy¢t on thè retsining wall remainB g consklerable rr8k Da Fellows- Churchwarden Aladro- Onty e8senlial work6 havo begn undfrrtakon kn the last year, In partleylarto th vg8try roofep¢x whgre sorna Ifles havè b&en replaced. Some mlnor troe works hav 41$0 b8èn undertaken. The churuh has rocerrfed a smal numb6r of co&oh p8rt1es that looked at the orch5tecture and stslned gtgss ot th6 ¢hurch. Dèslgn work CDnknu8$ In thg Inlernel Option for a klt¢honettelWC fg¢llity. Th& PCC dgclded to ieplocè Hook M&aot) Ar¢hitects with Herflg Architethure dua to tho la¢k of prog¥8s8 belng made with the schemg. Hopgfully wa WMI havo more to report nextyeaf. Ght181opherBennett- Churchwarden CHILDREN, YOUTH AND FAMILIES 2024 This year, we have contlnuod to work clo8trty wlth our three church schoo. To Ihls end we havè bn Involved In the followlnu actwities: Twalw Pop Box assemblies 8¢ross ihty thr¢è school$ whleh hllv8 each InVOad 5r(S Into $¢hool, oné fo rehearse wrth thg ¢Lqss helplng lu l*a¢J tht assembly and the second for the assembty ttself. Wg heEd our ennual meeting wth the ¥ohool Heads to plan for 2024-26. Th18 was a Yery useful ¥8ssior¢ to get pr8llmlnary dab$ In thè dlary for school sarvkes tor th& yaar èhead 8nd dl¥¢u$g ¢ther opportunlllg5 for wrjrking togolher. . We hold a Communfty Chrfsllnglg 88FvS¢8 on 1 D"ocomberwhlth wgls wall 4tt•nd¢d. Tha servktr Includèd a mu$i¢al perforrnan¢8 by 8 children from Powlck and Madresfipld school as well as Rev Gary as a human Chri81ingle. Onè or both of us has attgnded all the schools, church servk$s IHarvps( Chri$lms, ChBngle, Easter, Leavers), wdcoming th¢ parènts and gènerally helping out as nOcsery. term there Is d short Sgrvice In Sl Mary's, Madresfield, gpectalty for'PrèSchoola¥s'. About 40 ¢hlldron and 10 adutts slt In the Ch8n¢èl for th18 SeNlce, whl¢h consists of a 8tory. songs and Actlon Rhymes on a themo. In January 2024 we had The StDm on tho L•k8' Itrusting Q)dl, and In.March I pr¢pared 'Noah and hls Atk., whl¢h Kay and Wcky very klndty took for me, as Rosam8ry hèd an operatlon. Thè chlklrèn CDmo rrK>Stly from the Mgdresfield Earfy Years Centr& and th¢ RecWon Class at Madresfield School,
GUARLFORD AND MADRESFIELD WITH NEWLAND PCC TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Open the Book- B•n8no• Report Wlth out 10am 019 storytgllers, we were able to conOnuo our w¢gkly Inpyt ¢f Open th8 Book Blble slorfes In our 3 primary 8chooL8. Thls wa$ mttd¢ posslb16 byVIsng ea¢h school on 8 3-W68kly b95is antj npking a video recording to send oulto the other 2 schools for th6 chlldran to watch wSth thèlrte8cheT8 In the classroom. Ourfoadback on thè use of ths4 Éo$ was mixed a8 11 w85 down to tho ¢lass le9¢h9 to fit them In lo thelr own teachlng day. Tho flèo¥ where chlldren took part wero dole18d by th 8chools 8tthe end of each temi. Following a Mobng of beadleaGhgr8, Rev Gary, Vicky and Kay al tha frnd ofthe summerterm11 was decWed to end the video recordlngs but retain the 'live' tsits. 11 wa6 encouraging lo know that wo $llll had the full Support from the schoo16 bul disappointlng Ihgt thè d005 Were not being used as we had hoped. Frgm septembor we now 51t tsach sohool on 8 3-wo¢kly bo$18 Tep8aling the seme story to eetrh school. ThL8 mean$ th81 we hava had to reducè the numbgr of slorles lold each year to 113 - a great shamo and a very dlfflcult cmice to mako whon thgrtr ar8 SO many storles to choDse Irom. Hopefijlty, ov6rthlf years al prlmary 5ehool, the children will listen tts tho lull range of ¥torie$. Th6y do rsmembèr thèm and really nY helplng us by tang pa At Powlck and Madresfield we uso th& sehool hall Ènd kre mtrre r6stricttd by 8pao8 and use of the hall by tha $ehool. Wo are always impwsèd by th• ¢nlhu5iasm of our help8tS and the TQ8ponEe of the chlldren watchlng, A big thank you to all our storytellers who work hard to make the stories engaglny, fijn and memorable. Kay Shu&rd and WLky Lvljilrshousg. ALM Chlldron. Youlh & Fan7ill&s. FranLtrs Bstt$, Op&t7 tho Book andR08emary M¢C(rflocl(- M8dr8sffeldpr6sch(l $6fVi¢O Church&8 Togother In Ma11 CTM Include5 over 20 churches #¢rdss Malvern and holds its AGM in June, ¥hyth executi ¢omrriloe mg8llng$ through th8 yeai. W8 so>nd 2 raps.. Julta &nd Mag. A monthly n¢w$l<er Is produoed by th8 Chalr. Geoff Rlohardson of Regents Collegè, And Ihls Is dl$played 8t both our churchas and Ilsts upcomSng events. Through tho year thèrè are règular ovents held al various vènues. In January th8 W8ek of Pray6rfor Ch¥i5tian Unlty tuok pkttè ¥th a Untted $wlco at st Matlhla8, lalft Llnk, and prayer stations at other venues durlng th6 wèèk. E8Stèr evtsnts apart trom Servlces, heve included Walks of Wrtnass on Good FridAy to The Priory Great Malvern followod by an outside servlce at 10.30am,' and p Walk 4tthe Llnk. gnd & on the hllL8 at 6.ODam. A Pan¢ake Party hold in 2024 was substliuted by a Hol Dog and Chlldren's Town Trall thls year attho Lyttèiion W611. In the summer of2024 a Plcnk and Sthlmmlnu party was oryonls6d gt Rg$nfs Cott&g&. A sr5es of Qul&t DÈYS vltli spirllual toplcs are arfftnged with Wellspring in Ledbury. IDetallÈ from Mogl CTM support5.' 1.The Lyitètton W811'. after man8g8Fn8nt changes, the 3ookshop and Cafe Is duè to teopen on 4th M8rch 2025 ènd 15 Qpen from Tuesday to saturday from TO.30am to 3.30pr¥). On Mondays therè are mon)ing praygr8 from aOO Io 9.30arri. A Quk Nlght In Maich and a.$0 rnomlng for CTM m¢mber¥ to meet Soclolly took place. In Aprfl a tsml ¢v¥ntwith board gamo¥ and food 1$ amn96d. Counselllng contlnué$ to be a largo part of the Well's focus. It is also ¢oll•Gtlon and dlslrlbullon centre forthe Food &ank. 2. Promolas tho Lunch Box Sèries ortalks and con¢grts at the Priory on Thursdays fortnIghY from 12.30pm Ibrtng your own lunoh- ¢offe¢ provldedl. Organlséd by Frlencls of tha Prfory. 3. Supports tho Food Bank,. Justice and Peace Group,. Chrlslian Ald In May wlth o Unlted Sotvlc•.' LTf8patt) In Jun& and rtd Day of Prar In Mareh. Plus otherfrfnge events, Churvh8S 8r8 èth8pla¢g$ wilhln Malvem,. do support Ihgm. MegAllsopp CTAIRgprgsenlattvo lorboth paSh•S Charftsblo Olvlng Thls has been lIm9d Ihts year du* to our own fundlng needs. Our Unk with thè ma6 Hillj Foodbank ¢tsntinues but donallons lower than In pr&vious ye£rs. In4hurch Gollectlons havg all bul 8toppgd os most congregatlonal gmbers dongle thelrweekly shop Inst¢ad. A small number of donors $lll drop food paicels into thè Vl¢aragg whlch are th9n take to tho Foodbarik or Plttkerslelgh Community Lardor S¢hemg. The Chrlstmas Shoetx)x Ctsllection for Team$4U ¢olle¢ted 64 filled 3hoeboxe5 which joumeyed 14,Li)O othèrs Into The Ukralne and Contral Europe. A revlew on thg" future Involvement wfth this Collèctlon Is r8quire¢ gen the $lgnlfkant rerfu¢gd IrstereBt by the schooL8 and v¥la90 organisations In the cr¢allgn of such box86. Our Dèanery Thtrre hèvo beon thréo meellryg8 sincè April 2024. On 16th ApT512024 we bad 8n overvlèw of St PÈt¢rfs PovAck and Gary Crollin (Area Dognl Introduced the Deanery Leadèrshlp Team IDLTI. Uttle M8Evem Priory had provlded a statement on Ihe Church of England R8P8ratians relating lo 'Tn8&llanIlC chattel slavgry. ft>r dlscu$sion and verslon ofthis was subsequèntly submltted to the DID¢essn Synod 2nd passed by them to be tsken by the Blshop to the Church convnlssloners.
GUARLFORDAND MADRESFIELD WITH NEWLAND PCC TRUSTEEV REPORT {CONTINUED) FQR THE YEAR ENDED 31 DECEMBER 2024 On 25tt1 Septomb8r 2024 there was a D&anery pray¢r walk from All Siints Holtybush on the Ihemo of Creation and Sacred Spaco led by Revd Stephen Soaly ILlttle Mam Prloryl. Grè8t M81vern Prtory hostsd thè Doan8ry Ath¢eDt Caml 8ervlce on 1 Decembor 2ty24. The me$ling QD 8th Octobèr 2024 included an oveNlew of Sl Andrew's church and a sessk)n on New Worshipping CommUne5 led by Klm 8rown who Is In ¢harge ¢1 this at tho Dl¢>ces. It was roported that all stlpendlary c18rgy Should hav8 an additional half day ofioavè per week forthglf Wglf8ra. On 5th Feb 2025 the a Zoom methg whlch consld&red how lo $upport oldgr people In £tur ¢on¥nunllies Ilr+ ¢are homès and thelr own honb51, lod by Debbie Dudlle, Ministry Lggd, Anna ¢h8plalntsy for Old8r Peoplg, SUPPDrt•d by El$en Tomlin- an LLM anfl Anna Chaplaln In th& Dèonbry. It 1$ hop6d that this approach to pastoral care for our el401ty Populauon can be extended across the D&anery. Dyson Perrins Acedemy has governor vacancbs, as do a number of other COÈ schoo18 In the Deanery, and we were a8k8d to conslder whethe¥ w9 rnbI b& willing to stand as a Foundation Govemor,. important worf( to maintain Christian inlluence in our schools. As a Deanery, we arg quito undèr rÈpr6sentsd on thg Dloca$an Synod. r( 18 hoped that the wc)rk programm8 and collaborative style ol the De?n¢ry Synod wll inspirè rnember5 of our Congregation lo Stand for synodal pos0$ ID88n8ry- and Diocesel lo Improve thè representallon In Iho ¢omlng year. Eleotlons for both tho House of and Clergy wlll bb hld laterth15 summer. Dloce8an Synod Repgrt The Jun8 2024 meeUng was the last of o thre6-y&•r cydg1tr1onnluml èn¢J hhlIghts includ¢d the dlseusslon on the Pray8rs of Lovd and Faith, iTrcreased finanaal stabllity and a real focus on misslon. There a thalenges Includlng demographlc tlmo bornb, the urgency of becomlng net 2eTO, how synod @n8uro8 ft Is fepre8entaUve how wfj can encourage people in pari5h4s to $tand for synod. There wa5 an updats on the Tran$ft>rrnation Programme, which 18 funded by a £7M gr8nl and runs to 203D with a focus on children and youth Ilo double the number) and New Worshlpplng Communlll¢$ (to launch 100 of thgsfr). The Director. Damlan Herbert raportgd that 14 thlldrèn End youth wtsrker8 had béen empk)yod, and fundlng approvèd f¢r 4nolber 61ght. Blshop Martln introduced Evle Vornon as the nèw Dlr8otor of the Regional Raclal Jusliee Board who has been appOInt following a jglnl West Mldlands bld for funding. The Novomber 2024 Mèetlng Included some Indudlon guldsnc& tor m6mbèr8. Msfvom and Upton Deanery lay mèmbers are Ang818 D8vison and Robin La Fontalne lthere ar8 7 vac8ndo81, ond ¢1oruy members R9 Gary Gidlln, Julia James and Bary Ut)wln16 v8¢antlesl. +fjm Brown, Worshtpplng Communltles Enabler, reported that to dkto new worshlpping communit$ hava started and'ls are In the plannlng. The Chalr of tho diocesan Cllmate Crfsis Tèsk Group {CCTGI, David Hewlett, presented the revised Dw)¢gsan Environrnentsl Strategy. On b$half of Mafv8rn and Upton Deanèry, Robln La FoJ)tslno pr65entod a motlon ralallng to 'Tr&nsallantlc chatt&l slav&ry'. In Fllawh 20.25 there w0s a u$gful updata from th& Goner?16ynod providlng insight Into the dèbate on Safeguardinu. Thg draft Racial Ju$lScg Ch•rterwas Introdu¢gd for oon$idorthlon by Synod. Tho Ar¢hdègcoft ofWon*st6r ouNlnfjd èmergjng thInng on th188ion ahd mlni$tsy for plannod aT&aS of n8w houtslng wthin Ihe DitiBese. Flnanolal rèvlew Unrg8tii¢t¥d Income for the yr amounlad to £65,67712023.. £17Y,4351 and uJrgslrletè& oxpendlturo amounted to £41,137 I2D23'. £44,33Ql, thls In¢ludes the conlrfbution to rnlnlstryBhare of£lO,500. R$8trf¢tsd Ineom8 forthe y¢•r4mount¢d to £10812023. £304.) Intrludlno Inve8lmènl galng of £7912tr23.. £2B31, The mgln BOUe8 olfvndlng from eontrlbutlohs trom fTbmb&r of the two churrhes In Iho parl$h, Ihrough r¢9ulof gwlng and cash ¢olk4ctlon8 al sowl£tss. Tharè Wds aLso a legacy received durlng thè y$ar.
GUARLFORD AND MADRESFIELD WITH NEWLAND PCC TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 The strategy ogwd by th• tru$lee$ Is to mabtsln 8n unroslrlctgd re$gJva fvnd u&40rrt to approxtmat&ly 8 months, expendtturè. Tho PCC'$ general unrestre& reservgs, excluding fixed assets, wre £1W,088 at 31 Docèmbèr 202412023 . £175,648), of whloh £20,07012Q23 .' £24,172) were deslgnaled for spwlfl¢ purposes. Th& current reseryes b4lBnce exc6&d$ re$erY88 pollcy, butthe PCC are currerslly revlewing thg ¥tste of the churches In th• partsh and look to do$lgnate fvnd8 bwards the malntenance and development of th6 chrChS kt both Guorfford and Madresfiekl. R951rlct¢d re$eryes re £5.947 at 31 D•¢mbèr 202412023.. £6,83#1, brlnglng totsl re8eive8 10 £198.03312023: £181,485). StrL¥Cture, goyernanco and manAgement During 2024, the follovAng 5e¢vod as mtsmbèrn #nd tru$te8s ofth PCC: InGumbent. Revd. Gttry Cr¢llth ICh4lmHnl ehurohw4rd&n¥ Chrl8toph8r Bennett Imadresffoldl Domd Fellows (Guartfordl Deanory Synod Repre$ontatlve8 Allee Sennett David Fell¢w6 Etected Members XX~ Trustee th dlspensation W8ndy Le8 Marguerttg Barnwell Rosemary McCullo¢h luntll 2 May 2024} Angus hrtcculloch (Unt 27 S&ptemb6r 20241 Mary Robortson Treosurer-sally Cotborne took ors the role from 1st June 21Y24 from Rob Rlehards. PCC 8eGretsry- Glnny Paveytook on the role from 1st January 2024. Glnny Pavtry lfrom 1st JÈnu8ry 20241 & Sally Colborne ar8 paid by th6 parishes for th6lr services across both PCC8. Llcgnsed Lay Mlnlsl•lRO#ar Julla Davls can 88m on eiiher PCC as ox officN) rnmbw. Sadly.Angus d4Jring 2024 RIP Members ofth¢ PCC ore 8Mhor èx-offi(yg or oKg¢led al the Annu¥l Parochlal Church meetlng In 8ccordanco with the Chkjich Represgntallon. Rules 2022. All thosè who altend our servlcesl mèmbers of tho conuregatk)n en¢tsuraged tts reglslèr on the EledoTal Roll and bt&nd for glectton to the PCC (only thosg on thè relevant electoral roll can. vole). A good and atstfvo Elèotoral Roll wlll support our volce wfth the Church al doaTrery. dloce8an and national leve15 and il h noted that a new Ele¢toral Roll wlll n00d lo be cgmplled In 2028. Tha six6 oYh8 èlÈvoral roll also d¢termlnes tho number of lay pl8¢8$ each PCC . For 2024, Powlck had g B¢ats16 vacantl and GMN 6 Ino vacanciesl Th& PCC membars on our two church coundls are responsiblè for maknng declsions on Bll maltars ot g&neral Concern ond importance to th& parfsh includlng declding on hDWthe funds of the relevant PCC are lo be spent. Roglstration with th8 Charity Commisslon was succo8sfulV achi8v@d for GMN due to tts b8quost holdlngs lfi y6&r wkh rtportlry belng Tequired forthe firsttim8 in 2025.
GUARLFORDAND MADRESFIELD WITH NEWLAND PCC TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 external Llnks GMN PCC mot four Ilmos durtng 2024. Attelldanco al eaoh meetlng wag •xcellont wmh very few apdogies for ab6éThce. Safeguardkng4 FlnonL and FabriG ar& plaeed on tho ttgendas forooch m8$llng. Othor Itgms a b)cluded as mattgts •rls. Thanks to Gary 4nd the PCC for making m& $0 wglwme and for their pallènco whttst I bocorn¥ accustomod to my new role. Ginny Pavay- PCC Jolnt SeLYOtary Thls annual port was opprovod by the rglevant PCC Thi IhoiF rg8P9Ct9 spriny Meetlngs held In MarohlAprfl 2026 and slgned on th¢lr bèhall by Revd. G&ry Crèllln IPCC Chalrmanl on oThwaTd labllng at th* Annual Mo¢t(ng of Parlshioners IAnnu#l P81hla1 Church Couneil Meetlngl. The Rèvèrènd Qary Cr¢llln IuMbent and Pec Chairof The Parlsh ol Powlck and Th• Parf$h ol Guarlf¢rd and MadreBflekl wtth Nowland 28 Aprt12025
GUARLFORDAND MADRESFIELD WITH NEWLAND PCC INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GUARLFORD AND MADRESFIELD TH NEWLAND PCC I report to tho Tw8tee8 on my examlnadon of tho flnan¢4al 8tatèment8 of GuBr1ford and Madro$field with Neartd PCC Ilhe Chafityl foTlh# year ¥nd&d 31 Docember 2024. Responslbllltle¥ and b8$1# of report As the Trustees ofth& Charity you are PonSIble for thè proparalion of the ffnanctal st4tsmènts In ac¢ordafi¢e wtth the requlrernehts oflha ChariLh8Act2011 (the 2011 Act). I report In respect ¢>f my ex8mlnalJon of the Cherty's financlal stot¢montB carried (yjt under s8con 145 of th& 2011 Act l) carrying out my exomlnallon I havg fvllowed all thè appucablg DIT¢dDns gtv&D by tho Chaihy Comm188ion ndar sactlon 14515llbl of the2011 Act. Indepèttdont ¢xamlngVs statement Your att&ntlDn IJ drawn to the fact that th$ charlty hos piepar8d fin4ndal ¥tslennts in accorilarKo wlth Accountlng ènd Rgportlng by Charitles prbparlng thelr acoounls In 8e¢ordan¢e wf(h the Flnandal Reportlng Standard appll¢ab In th6 UK and Republic of Ireland IFRS 1021 in preforence to the Accountfng and Reportlng by Charities.. Statèment gf Re¢omm6nded Practk? tsgued on 1 Aprfl 2005 whlch Is to In the extant r8guFattons but has now bee wtthdrawn. l unrlgtSt8nd that thls has boen done In ¢rd&rfor ff nan¢la1 statsments ts pmvide 2 true and Trdlrv(ow in ac¢ordance wfth G$n•rdlIyAccgPtedAcntIn9 Practlcs eifectlvo for reportlng perkjds beginnlng on orafter ? January 2015. I ha cowplatsd my examlnatlon. I conltrni that no maltsr8 have come to my attonllon In conng¢llon wllh th• examination glvlng me Cause to b8Meve that In any materlal re$peet accoUnng reeoyds were not kopt in respect ol the Charty as required by sedit)n 130 of th0 2011 Act or the financlol statements do fiot 8¢cord with those recoTd8'. or the flnancldl st&tèmènls do not comply with the appIable requlyèments concèrnlng the hmi and content of IOUnts set out In the Charltlès IAc¢ount$ and Report81 ReguSalltsns 2008 other thars any Yèquliementthat thè a¢¢out)ts a truè and f81rvlewwhich Is not tt matter Lx)n$ldèr¢d as pttrt of on ind¢p•nd¥nt 8xaminallon. I havo no concetns and h4v8 Come 8cross no other matter8 In connoctlon wth thb axamlnalion to whlch attenOn should bè drawn In this report In orderto 8nablÈ a pmpar unde58tsnding of the financ81 stalemonts lo be rè&ched. Davld Farebrother B8c IHonsJ 8FP ACA K•nd411 WJdl¢y LLP Grsntg Lodgè 71 Graham Road Malvern Worce$tershtre WR142J8 Dated- 26 N)rf12026
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GUARLFORDAND MADRESFIELD WITH NEWLAND PCC BALANCE SHEET AS AT 31 DECEMBER 2024 2024 2023 Note8 Flxtyl a¥gets Inv6stm6nt¥ 13 3,515 3,486 Guryent a¥5Pt$ Debtors Cash at bank and In hand 16 2,950 198.553 2,691 188.731 199.603 189,422 ¢t#dltor8', amtsunts falllng duo withln one yèar 6,985 11,373 Net currant ass$ 178.049 Tt)tal net as8ets f06.033 181,485 The fund8 of the Charlty Deslgnated funds Restricted funds Unrestrtcted fund$ 17 17 29,070 5,947 161,016 24,172 5,839 151.474 16E,033 181.485 Th8 fInand ststamènts worè approwd by Ihg TNsteos ott 26Aprfl 2025 Tho Revwend aary Qrellln Ellzaboth Palmgr 10-
GUARLFORD AND MADRESFIELD WITH NEWLAND PCC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 A¢eountlng p1¢0 Charlty Infofni&tlon Guarlford and Madrosflebj wffh NÈwlal PCC is a charty registered in England and M&le$ Inumbor 12078491. Tho addrs$ of its rggistsred offi0& Is.. Thg VKaRg¢, 31 Tho Groanway, Colle15 Green, P0Ck, Worce8tsr, WR24RZ 1.1 Accountlng comientlon Tre flnanclal stslements have been pr6pared in 8c¢ordanc8 with the charty govemlnu document, the Charilles Act 201fj, FRS 102 'Thg Fin&ncial Repprtin9 Standatd appll¢abla Sn the UK gnd Republlc of Ireland. ('FRS 102.1 and the Charitle$ SORP "Accounting and Reportlng by chae.. $18t?ment of Recommend PFacM¢ appll(xbb to chadtles preparfng their accounts In aCld&n¢t vlfth tho Financlal Reporttng 8tsndard appllcable In thè UK and RepubllG Ot Ireland IFRS 102r leffeC 1 Janu8ry 2019). Th8 Chsrityls a Publlc Benefit EnlKy as defiTr6d by FRS 102. The Chèrfty has taken advgnlage of th& provlslon$ In th• P)ORP fr)r charttl¢8 not to prgparè a 8tatèmont of Cash Flows. The ffnanaal stattsmts haw dapsrtsd frtsm tho Charitle8 {Accounl6 and Roportsl RagUlatn9 2008 On to thè extent requlred to PTOVtde a true and falr vlew. Th16 departure has involved followng thg Stalemfynt ¢f Recommen4Jed Praetlce for charitl8s applylng FRS 102 rathèr than thè version of tho Stst&m&nt of Rbtrommonded Pracll¢e whlch ts reforrod to In tho Ragulatbns bul whlch ha$ 8ln¢è begn wfthdrawn. The financlal stal&ments are prpparèd In stèrf5ng, whlch 16 tho functlonal ourrency of the Charty. Monetory mounts in thes? financial stslemenls a ¥ounded lo the nearest£. The financlal stat&m•nls hAvo b$9n pieparod under the hlstori¢al wst eonvenllon ex¢epl for the valuation of inve8trMnt assets whl¢h ara shown at NHrket value. The prfnclpal otr¢ounUng pollcios ddopted aro &et out below. 1.2 Oplny ¢gn¢em At Ihg timè ot approvins the linanclal stslomen19. tho Trustees have a rea50nablg expodatign that the Charity has adequate resour¢s¥ to ¢onllnue In op6r8tlon&l ex18tsnce for thg foTo$&Babla futurè and thet there are no materfal uncertainties about Ils abllity to continuo. Thu$ the Tw$tety$ contlnug lo adopt the going nGer sis of a¢¢ountlng In prep8rln9 th& ftnandal statements. 1,3 Chfjrltsblo fund¥ Gen6r81 fundi reprosent the funrts of the PCC whlch are not sublectto Bny restslctlons regarfkng Iholr uso ¥nd are availabl6 foroppItItsn to the gèneral purposès of tho PCC. Funds de6Egnatgd ft)r a partl¢ular pu¥poso by the PGC are alsts unraslrlct8d. Thg ac¢ounl$ Inelude 811 Iransacllons, A6$8ts 4nd Ilabilrfips for whlch the PCC Is r*$pon$lb18 in law. Thèy do not Include tho aocounts of ¢hur¢h group8 that owè Ihély m81n Èffl1I8tlon to anolher body nor those whl¢h are infoTrnal gatherings ol chur¢h mombars. R¢8tri¢led ftjnds are $ubj8¢t lo spoclfi¢ ¢ondlUons by donors or granl¢rs a$ to how th¥y may b9 used. Tha purposes 8nd.u¥e$ of th¢ rè$trld0d fjjnds are 8et out In the nots8to tho flnonolal slat¢mgnts. 1.4 Incom¢ lTrcom9 b rawgni$ed when tho Chèrty Is legally ontmod to M aft6r ony performance condltion8 hav& bèa mgt, Ihearnounls can.be measured reliab. and tt Is probable that fftcomg wlll bfy rece&d. 11
GUARLFORD AND MADRESFIELD WITH NEWLAND PCC NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 310ECEMBER 2024 Aceoufvtlng ptsllcl&B l¢ontlnuedl CollOn5 afe recognlsed when reoeived by or on behaw of the PCC. Planned giving reCeeb[e under Glft Ald Is r¢¢ognlsed only when Ttcelved. Incom6 tax recoverabb on GfftAld donauons 16 recognl$ed when tho incoma to whlch It ralatss Is recèlvèd. Outrlght grants aTSd legscTgs b the PCC are accounted for as soon os the PCC Is notlled of tts legal ontSty?ment and the amount due. Condillonal grants arg accgunted for a6 goon a8 the condf(ion is fulfilled. Funds ralsed by fvtès and Slmllar ovents Bre accountsd for gro8S. Dlvldonds and Int&rast aro aeeountad trwh&Tr reC&ed. Reallsed galns and bss¢$ ar ra¢ognl$od wh¢n Inv9Stm$nts •rè $¢4d. Unrfjallsed gah$ or 10s$o$ aro ac¢outrtèd lor on revaluation of investrnonls ¥1310¥cember, 1.5 Expendlturè Grahts and donauons are a¢counted for when paid over tsr when awarded, 11 that award creates a blndlng obllo4tl)n pn thè PCC. The P8rlsh Sharts Is normally a¢countgd lor when payablè. Slncg 2000 th8 PCC h89 b¢&n unabla to pay ir> full the share. In ttyht of the continulng pandernl¢ In 2021, the Diocs9 enWug8d parfshes to pay as much as they were ttblB. From 2022. th6 DIoc&so has chenged to B new systsm of Mlnlsty Shale alloe•led to 8onefices mthgr than pari$hÈs. Tho surn allp¢atsd to the old Plills 8oTrolioo for 2024 Is £73.76412023'. £77,466). Powlck has PBld £32,Y24 on thlB and Guarffor(S and Madre6fleld with Neand PCC £10.500 whl¢h means that only 69% oftho Sum roquesled will be paid. 1.8 Tahgible Ilxed 4¥set8 Cons8nrated and beneficed Pfopérty Is excluded from the aOltnI5 by $.10121 lal and Icl of the Charftie$ A¢t 2011. MINeable chuT¢h fumi8hlngs held by the chur¢hward8ns on speclal truEt for th8 PCC whlch requlTe a faculty for dlsposal, ara consldèred to bo Inallonable prop6ty unloss oonse¢rated. They ar6 Ilslod in the chur¢h's Inventory. Insufficient cost InfonTlOn is a¥allabl6 for such property and therefore18 not capltaN$od In the aounts. 1.7 Flxed a¥É¢t InVtMonts Flxèd asset Inve81ments are Inttlalty mga$ursd at tran8actlon prl¢e 9xclurting transaction ¢05t$, and 81 subsaquantly m808urèd ot falr value #l each fPPOrtlnu dat$. ¢hgngo¥ In lalr valuè ore reeognlsed In net incomél{axpendllur¢l lortha year. Tran$8¢tlon costs ore expensed as Incurreo. 1,8 Cash and cash equEvalont8 Cosh antl cash equfv•l$nts Incjudè 08sh In hand and dèpo$ll$ hgkl at ¢811 wlth b$ wtth ? maturtty of th¥eo months or ls$. 1.9 Flnanclal inslwments Tho Charity has ele¢ted to apply th provl$ioDs of Seclion 11 'Bos Fln8ncIo1 Inslrumants, and Saction 12 'OtherFlnan¢tal Instruments Issuès, of FRS 102 to all Df b financlal Instrumonts. Flnandal In$ttuments ¥ecognl$ed In th& ChariV$ b81gn( $heBt won thè Chartty becomes paty to th& ¢onlr4¢tu&l provi$Son$ olthe Instiumat)t Flnanclal 8&%•tS 8nd Ilabllluès are offset, wlth thè ngt amounts presented la the fjnondal stslements, vih8n th¢ie Is a18galty onfore6ablo rfghttp sel off the rg¢ognised amounts and there 1$ an intentlon to settle on a not b85is OT to r¢&10 the Bsset and 6ettle the Ilabllty 8lmultaneousLv. 12-
GUARLFORD AND MADRESFIELD WITH NEWLAND PCC NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 A¢countlng polkle8 {Contlnugd) Bajk firt4nclal&vots 8aslc financl81 asstrts, whS¢h Includè dèbtors ond cosh a#d bgnk balances, are Inf(1811y measured at Iransactlon prlca Includlng transftodon costs end are sub8oqugTrUy carA8d al amortised c08t uslng tho èffeiNè Intsrè$l MhOd. Financial assets class¢fied as reeeivable withln one ye8rarg not smorSed. BAsle ffnancl•l Ilabllld#s Ba6Fc Ilnanclal liabil6$, Indudlng (¥odittsr$ arts Inltially rocognlsed al r8n6actlon prfco. Finan¢lal liabili11os cl&Bsled 85 psyèbls wtthin onè yoar are not amortlsèd. Debt l#stT4Jr[ts arg sub8gquently rarllgd al amrtlsod co¥t, Yng tho èffactfve Interest rate method. D•reeognltlon of ffnanelèl Ilobilidos Flnanekl Ilabllitles are derecogni6ed when the Charitys cDntraclu81 oblgation8 explro or ortr dLs¢harged or C8neÈllèd. Crltloal a¢¢ountlno •8tlmAt¢8 and Jud9ements In the appllcayon ot tho ¢h•rEty$ a¢untIng pollclas, th¢ Tste¢S ar8 requlred to make ludy*mgnts, g$tlmates End assumpuons about the carrylng amount of a$$ets and Ikbilitie5 thèt 8r8 Dot readity apparent from tslhgr sourc68. Tho osUmato¥ and 06sodated 8$sumptlon$ 8rè based on hIstOral experlence and other laotors that are oonsldered to be relavanL Adual resutt$ may differ from tho$e è5ttmAt•s. Th6 66tlmales and underfylng assumptlgn$ are rewewed on an ontsolng baBwé. Rovl8lon$ to OntIng èstlmates Ar6 recogn(sèd in the pèrk>d In whlch the èstlm&te Is r&vised Mthere the revl$lon affects only that period, or In the poriod of the revlsion and fijture pedods wh6ie th¢ rèvlslon aflecls both CUTrent and lulure perft)ds. In¢omgfrom donallons #nd legacl¢8 Unrostrlctèd lund8 2024 Unre5trloted luNI¥ 2023 Donallons gnd glfts L&gs¢le$ 13.078 23,901 18,4S2 142,281 36,979 160,733 Donatlons and glft$ Lposg plate collectlons GIftAid Tox Recovèrod OonaUoD$. appealb eto Other 10,443 2,805 11,365 2,090 4.315 82 13.078 18,452 13-
GUARLFORD AND MADRESFIELD WITH NEWLAND PCC NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Incomo from don4tlDn$ ond legacles (ContSnued) Unre8trlcted Vnrestrfced funda lund 2024 20rJ Legacl¢¥ K8tharino H•llam E8late Rlchard Plant Eslale Other 138,281 23,901 4.0(h) 23,901 142,281 InGome from charltablé octlvitig UrlI1¢t¢¢l Des*natsd fvnds funds 2024 2024 Total Unrestrtoted Doslgnatod lunds fund$ 2023 2023 Total 2Q24 2023 Feès forweddlTrgs and funerals. Fundraislng Propèrty In¢omo 5.138 3,333 5,138 3,333 4,536 8,526 1.180 8,528 4,536 4,720 4,720 ,471 4,536 73,007 9,708 4.720 14,428 14-
1 1- 51 ¥J * t
GUARLFORD AND MADRESFIELD WITH NEWLAND PCC NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 EXndItl0 on ¢harltsblo actlvlts 2024 2023 Dlr¢¢t ¢osto Stsff c08ts and honor8rfa Fe¢# payablè to &F 8e¢ular charitles Minlsty paiLsh tshoro ela Working expen988 ofincumbent hurch running- In8uran¢8 Church rnalntsnance Upkeep of setvlces Upkeep ofehurchyard Adminlstrafjon Mlscellaneou8 Church wnnlng- h¢èllng and Ilghting Prop8rty malntsnanGe 788 2,488 2,OD7 10.500 1,946 10.gio 3.98S 7e5 3,603 1,404 338 4.666 982 7.814 1.003 11.343 5,638 604 2,773 235 39,837 43.730 Share of8UPPOrt ond governance etrsts {xoe notè 71 Govemanc• f,31Nl 41,137 44,330 Analy813 by tund Unrestrlctéd fvnds Do8ignatsd fvnd8 40,165 982 2,664 41.lJ7 44,330 Supportcosts Support Gov#mn¢o costs 2024 2023 Examlnation fe?3 1.300 1,300 600 1,300 1,3ty) 600 Analysed between Charstsblb actsvwes 1,300 1,100 600 Goveman¢g costs Include6 payment of£1,800 (202&£8001 for IndopÈnd&nt oxaminauon faog.
GUARLFORDAND MADRESFIELD WITH NEWLAND PCC NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Trustees In 2024, tha followlng Sums W8TO pald to PCC mombors. el,946(20 '. £1.0031 was pald to Rev Gary Crellln In resped of mlnlstry xpettse$ for th& nefiCe. 0th8r PCC m8rnbers receivèd £14012023.. £9141 as r&- Imbursement of roullne expenses InouThed on tyohalf ol th& PCC. £33012023 '. £33UI was paid to Rev Gary Crellln in re8pect of agency fvas Itir woddlngs and funorals. Thero wgrtr no tsthar dlsclosable Iransadlons in respèct of PCC membfrrs, porsons ¢losety coThi¢tsd wlth th gr othor lat•& p&rttos. Employee¥ Employmbnt ¢o¥ts 2024 2023 Lo¢um fgeB and honoraria 788 2,488 Thè PCC had Do ompbyees. Organ playhg ha$ bew undwtak&n by a number of locum orgftnists duriTrJ the 2024 and 2023 flnancial years. 10 N¢tgalns on Invty¥tmonts Rejtrlcted Re8trkted nds nds 2024 2023 R9ValuaOn of Investmtrnls 283 11 Tax Thg eharity Ls oxempt frtsm tsx on Income and g&ins falung thIn s¢¢tSon 505 pfth8 T8xésA¢t 1988 or $o¢Uon 252 of th8 Tax&tbn of Charoeable Galns A¢t 1992 to th& extentthal thgso are applled lo It6 ch4r"rtablg oblects. 12 Tmnpfers Durfng 2024 transf¥rs b¢tsYeen rostri¢tsd fitnds, deslgnated ndS and Unra5trfC funds lo relmburse gonèral fur¢ds for amounts $p?nton the Churchyard. 17-
GUARLFORDAND MADRESFIELD WITH NEWLAND PCC NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 13 Flxed t Inve8tments Unllsted Inve8tments Cost or ¥aluatl¢Jn At 1 Januery 2024 Vatuallon changes 3,436 79 At 310ottember2024 3,515 C•rrylng amount At 31 December 21724 3,515 At 31 0$mber 2023 14 Flnanclal Ins¢rum#nts 2024 2023 Carrylng amount ol ffinanvlal a¥sts InstNment¥ mga$ur¢d at falrvalue through pfil or1088 3.515 IS D¢btor8 2024 2023 Amounts falllng due wlthln one year. Tradg d¥btors 2.950 2.691 16 CredStorJ: amounts IAlllng duewithin on¢ ygar 2024 2023 Trndi crèditors A¢cNals d9fgirgd incomè 5,756 1,229 10.773 600 6,985 11.373 1B-
GUARLFORD AND MADRESFIELD WITH NEWLAND PCC NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 17 R¢strICt fund8 The rtt¥tAct funds of th• cherty ¢omprf¥e tha unexpendod b01&neos of donatlons and grants hgld on IN8t 8ublectto spe¢lfic ¢oncllbon8 by donors As to how thoy may be used. At 1 January 2024 In¢omlng regouYce8 GalD¥ ahd los$ At31 1)¢¢omb¢r 2024 Ertc Jones LBggCy Ml$s E Lwethered Legacy 2.403 3,436 29 2,432 3.516 79 5,83g 29 79 6.947 Provlous yow: At 1 January 2023 Incomlng re8ourGe$ G#lns and 108808 At31 Decembor 2023 Erfc Jonas Logacy Mlss E LW6tharod Legaoy 1362 3,153 21 2,403 3,438 283 5,536 21 283 5,839 Ert¢ Jones" Logacy - tho leyacy ¢an oftly ba appllod lowttrds the upkeep of N8wland Churchyard. The funds ere retained In ? separate b&nk aceounl. Wèthèred Lega¢y - comprl$es of a legacy from A L Welhewd 8nd l¥ I8¥trldod to ba applled for the malntenane& of tho Newland Chur¢hyard. The Inveslmehls representlftg thes0 lunds arb held by tho Dlocese as custodlan Irusleè on behalf of thè PCC gnd thé intome is paKI to tha PCC bul may On bo u$od fpr tho purpose$ Indlcated.
GUARLFORD AND MADRESFIELD WITH NEWLAND PCC NOTES TO THE FINANaAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 DECEAIBER 2024 18 Do•lgnated luttd8 Th&se 8re funds whlch h8Vo deslgnatsd for spedfl¢ purposès. At 1 Januury 2024 Incomlno R¥gurGès re8tsurces expended At31 Oec¢mber 2024 8ohool House NewL2nds Churchyard 20.043 4,129 4,536 1,344 {982) 23,597 5.473 24,172 5,880 10821 29.070 Prgvlou¥ year. At 1 J#nuary 2023 icomlrig Rèsou•5 rttsources exponded At31 Deoember 2023 School Hous& Newlands Churchyard 17,807 3,630 4,900 590 (2,6641 20,043 4.129 21,346 5.490 12.8641 24,172 8ohool House- Ih0$8 fund$ ha been d•siunatod forth$ purposa of maintsngn¢e ofth8 Old School House in order to malntsin Imng 6t8nd8rd$ for Ihb ociyJp4nt and lo r8ttJrbi$h the propèrty when tt cgmes tg fh9 $nd of th6 tènanw period. Nèwl8nd$. Churchyard Ih8se fvnds hav8 been dèslgnated for the ongolng malntenanc8 of the Newland Churchyard. -20-
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GUARLFORD AND MADRESFIELD WITH NEWLAND PCC NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2024 20 Rgl•tod p•rty tran8actlon$ Tttere wer6 no dlÈck)$8ble 101¥d party transacllons durlrlg thè 81(2023 - non¢l, other than *ho$e dls¢losed ID nolo 8. -22-