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2024-04-05-accounts

Staffordshire Historic Churches Trust

(Registered Charity No.240854)

ACCOUNTS

For the year ended 5th April 2024

STFFORDSHIRE HISTORIC CHURCHES TRUST

INDEX TO THE ACCOUNTS FOR THE YEAR ENDED 5TH APRIL 2024

ANNUAL REPORT 1-3
INDEPENDENT EXAMINER'S REPORT 4
RECEIPTS AND PAYMENTS ACCOUNT 5
BALANCE SHEET 6
NOTES TO THE ACCOUNTS 7

STAFFORDSHIRE HISTORIC CHURCHES TRUST

ANNUAL REPORT

For the year ended 5TH APRIL 2024

The Trustees present their report for the year ended 31 Decembe

The Staffordshire Historic Churches Trust was founded in the yea from the Friends of Ancient Staffordshire Churches dated 21st Ju It is now governed by a Charity Commision Scheme dated 23 Ap

Principal Address:

Principal Address: Mrs C J Brown Admaston Farmhouse School Lane Admaston Rugeley WS15 3NH Registered Charity Number: 240854

Trustees:

The Charity Trustees are as follows:

Father Graham Bott (Chairman and Trustee) Mrs Katie Brown (Treasurer, Membership Secretary and Trustee) Mr Phillip Charles (Trustee) Mr Mark Parsons (Tours and Trustee) Mrs Fiona North (Secretary) Mr John Wallbridge (Ride and Stride Organiser) Prebendary Michael Metcalf (Ride and Stride Treasurer) Father Roger Williams (Tours) Mr William King (Facebook manager)

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r 20223 ar 1982 Ily 1953. ril 1965.

STAFFORDSHIRE HISTORIC CHURCHES TRUST ANNUAL REPORT

For the year ended 1st April 2024

Bankers: The Co-operative Bank PO BOX 250 Delf House, Southway Skelmersdale WN8 6WT Independent Examiner Mr P Betts High View Steenwood Lane Admaston Rugeley WS15 3NG

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STAFFORDSHIRE HISTORIC CHURCHES TRUS

ANNUAL REPORT

For the year ended 5th April 2024

Objects and Organisation

The Charity is administered by the Treasurer under instructions from the Trustees. It derives its

income from its bank deposits, its portfolio of Investments, membership subscriptions, the annual Ride and Stride input by local churches and fund raising by organising tours of mainly Staffordshire churches.

A variety of outside bodies also provide income such as the Milldam Trust and Haberdashe A number of PCCs give donations as well.

Review of Progress and Achievements

The governing document states the Trust exists for grants for the repair, maintenance, improvement beautification and reconstruction of churches in Staffordshire.

The Trust has given out a number of grants this year and continues the support of 5 small rural churches with an annual maintenance grant for clearance of gutters, drains and so on. This has been well accepted and it is hoped this idea can be expanded.

There is no reserves policy

Dated: 2024

On behalf of the Trustees

Mrs. Catherine Brown (Trustee and Treasurer)

Father Graham Bott (Trustee)

Page 3

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE Staffordshire Historic Churches Trust

I report on the accounts of the Trust for the year ended 5th April 2024 which are set out on pages 5 to 7

Respective responsibilities of the Trustees and examiner

The Trustees are responsible for the preparation of the accounts. The Trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 [the 2011 Act] and that an independent examination is needed.

It is my responsibility to

Basis of Independent Examiner’s Report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you, as 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 given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statement below.

Independent Examiner’s Statement

In connection with my examination, no material matter has come to my attention

1) Which gives me reasonable cause to believe that in any material respect the requirements

a) To keep accounting records in accordance with section 130 of the 2011 Act and

b) To prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act Have not been met; or

2) to which in my opinion attention should be drawn to enable a proper understanding of the accounts to be reached.

Mr. P. Betts High View Steenwood Lane Admaston, Rugeley WS15 3NG Dated: 2024

Staffordshire Historic Churches TRUST

(Registered Charity No 240854)

Receipts and Payments Account for the year ended 5 April 2024

NOTES

2024

RECEIPTS

Investment income: CBF Global Equity Fund (1) CBF Property Fund CBF Investment Fund CBF Global Equity Fund (2) Supporters PCC Donations Legacy Jane Benton Ride and Stride Tours/events Gift Aid TOTAL RECEIPTS

PAYMENTS

Grants Banners Stamps and PhoR & S Plate Leaflets R & S Sub R & S returned to PCCs Church Room Hire Tour costs Webpage Gift for Independent Reviewer

TOTAL PAYMENTS

EXCESS OF RECEIPTS OVER PAYMENTS

TOTAL FUNDS AT 6th April 2023 TOTAL FUNDS AT 5th April 2024

134 1,902 3,679 4,352 2,104 482 2,000 7629 845 3311 26,438 33,289 0 193 0 50 3,633 30 265 98 26 37,584 -11,146 274,444 £263,298

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2023

134 1,902 3,679 4,351 2,374 1,529 9,023 1,376 1,168 25,536 17,155 147 230 237 50 4,312 15 270 0 20 22,436 3,100 271,344 £274,444

STAFFORDSHIRE HISTORIC CHURCHES TRUST

(Registered Charity No.240854)

Balance Sheet as at 5th April 2024

ASSETS
5,953 CBF Investment Fund income shares
29,212 CBF Property Fund-income shares
59,890 CBF Global Equity Fund - income shares
Co-op Current account
TOTAL ASSETS
Decrease/Increase in Assets
and signed on their behalf by:
Katie Brown
Hon.Treasurer
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(Mkt.val. at 4 April 2024 £136,550 (2023 126,875))
(Mkt.val. At 30 March 2024 £35,496 (2023 £37,880))
( Mkt.val. At 4 April 2024 £189,797(2023 £164,823))
The accounts were approved by the Trustees
2024
81,000
40,000
99,909
39,288
2024
81,000
40,000
99,909
39,288
2024
81,000
40,000
99,909
39,288
£260,197
£11,147

2023 81,000 40,000 99,909 50,435 £271,34 3,101

STaFFORDSHIRE HISTORIC CHURCHES TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 5th April 2024

1. General

These Accounts have been prepared under the Historic Cost convention. The accounts have been prepared in accordance with normal accounting standards.

2. Trustees Remuneration and Expenses

No remuneration, either directly or indirectly, out of the funds of the Trust were paid or payable for the year to any Trustee or to any person or persons known to be connected with any of them.

----- Start of picture text -----
3. Investments (Market Value)
2023- 2024
£
Investments held at 5 April 2023 329,578
Additions during the year -
Sales during the year -
Investments held at 6 April 2024 £361,843
Increase: £32,265
4. Liabilities
Grants offered and not yet paid £35,500
On going maintenance grants (estimate) £6,000
.
)
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----- End of picture text -----

STAFFORDSHIRE HISTORIC CHURCHES TRUST ACCOUNTS FOR Year ending 5th April 2024

Payments Receipts
2024 2023 2024 2023
Grants Subscriptions and Donations
Longsdon St Chad 1000
Werrington St Philip 3000 Supporters Subscriptions 2104 2374
Dunstall St Mary 2500 PCC Donations 482 529
Shelton St Mark 7500 Other donations/Legacy 2000 1000
Butterton St Batholomew 2500
Bloxwich All Saints 3000 4586 3903
Hamstall Ridware 1000 Other Receipts
Cannock St Luke 1700
Tutbury St Mary 2000 Tours & Events 845
1,376
Chapel Chorlton 184 Gift Aid Claim & CAF 3311
1,168
Newcastle RC 2500 Ride and Stride 7629
9,023
Glascote St Mary 2500 Dividends/interest 10,067
10,066
Ilam Holy Cross 1000
Maintenance Grants 2905 Total receipts for the year 26,438
25,536
33289 17,155
Other Payments
Postage, stationery and Printing 194 200
Ride and Stride National Sub 50 50
Tours 265 299 Summary of Receipts and Payments
Website 98 0 Total receipts for the year 26,438
25,536
Leafets & Display banners 0 384 Total Payments for the Year 37,585
22,435
Subscription HRB 0 0 Excess of receipts over payments - 11,147
3,101
Church room hire 30 15
Gifts for IE 26 20
663 968 Notes
Paid out for R & S 3633 4312
Total Payments for the Year 37,585 22,435 2. Expenses are reimbursed.
Assets 3. As at 5th April 2024: Market Values
CO-OP Current account 39,288 50,435 CBF Global Investments was £189,797 (£164,823)
CBF Global Investments 99,909 99,909 CBF Property Shares was £35,496 (£37,880)
CBF Income Shares 81,000 81,000 CBF Income Shares was £136,550 (2023 £126,875
CBF Property Fund Income Shares 40,000 40,000 4. The collection of R & S monies depend on the payment by parish
Total Assets: 260,197 271,344 5. Gift aid is for 1 year subscriptions and 1 year R & S
Decrease (Increase) in Assets -11,147 £3,101
Liabilities
Grants ofered and not yet paid 35,500 29,000
Maintenance grants (approx) 6000 6000

g

  1. The collection of R & S monies depend on the payment by parishes. 5. Gift aid is for 1 year subscriptions and 1 year R & S

41,500 35,000

Staffordshire Historic Churches Trust Registered charity 240854

Presidents

J W Giffard Esq, CBE, QPM, DL The Right Revd Dr Michael Ipgrave OBE

Trustees

The Reverend Graham Bott Mrs Katie Brown Mr Mark Parsons Mr Phillip Charles

Chairman : The Reverend Graham Bott

Committee for 2022-2023: Mrs K Brown (Treasurer and Membership Secretary),

Mrs F North (Secretary),Prebendary M Metcalf (Ride and Stride), Canon R Williams , Mr P Char Mr M Parsons, Mr William King, Mr J Wallbridge (Ride and Stride).

Bank: The CO-OP Bank, Skelmsdale, WN8 6WT Webpage: http://stafordshirehistoricchurchestrust.org

Objects of the Trust

For the repair, maintenance, improvement, beautification and reconstruction of churches in Sta

I report on the accounts of the Trust for the tax year ended 5th April 2024

.

Respective responsibilities of the Trustees and examiner

The Trustees are responsible for the preparation of the accounts. The Trustees consider that a required for this year under section 144 of the Charities Act 2011 [the 2011 Act] and that an in examination is needed. It is my responsibility to examine the accounts under section 145 of th follow the procedures laid down in the General Directions given by the Charity Commissioners 145(5)(b) of the 2011 Act; and to state whether particular matters have come to my attention.

Basis of Independent Examiner’s Report

My examination was carried out in accordance with the General Directions given by the Charity An examination includes a review of the accounting records kept by the charity and a compar accounts presented with those records. It also includes consideration of any unusual items or accounts, and seeking explanations from you, as trustees, concerning any such matters. The p undertaken do not provide all the evidence that would be required in an audit and consequent given as to whether the accounts present a “true and fair view” and the report is limited to tho out in the statement below.

Independent Examiner’s Statement

In connection with my examination, no material matter has come to my attention

1) Which gives me reasonable cause to believe that in any material respect the requirements t accounting records in accordance with section 130 of the 2011 Act and to prepare accounts wh the accounting records and comply with the accounting requirements of the 2011 Act have not 2) to which in my opinion attention should be drawn to enable a proper understanding of the a reached.

Mr P Betts

rles,

affordshire

n audit is not dependent he 2011 Act to under section .

y Commissioners. ison of the disclosures in the procedures ly no opinion is ose matters set

to keep hich accord with t been met; or accounts to be

STAFFORDSHIRE HISTORIC CHURCHES TRUST ANNUAL REPORT For the year ended 5th April 2024 Oblerts and Organlsation The Charity is administered by the TreasLI￿r under Instruth"ons from the Trustees. It derives rts income from its bank deposits, its portfolio of Investments, membership subscriptions, the annual Ride and Stride input by local churches and fund raisin8 by or8anising tours of mainly Staffordshire churches. A variety of outside bodies also provide income such as the Milldam Trust and Haberdashers. A number of PCCS give donations as well. Revlew of Progres5 and Achlevements The governing document states the Trust exists for grants for the repair. maintenance, Improvement beautification and reconstruction of churches in Staffordshire. The Trust ha5 given out a number of grants this year and continue5 the support of 5 small rural churches with an annual maintenance grant for clearance of gutters. drains and so on. This has been well accepted and it is hoped this idea can be expanded. There Is no reserves policv F.f t Dated. 11 £cJ le5￿64￿ 2024 On behalf of the Trustees Mrs. Catherine Brown (Trustee and TreaSU￿rI Father Graham Bott (Trusteel Page 3

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE Stsffordshire Historit Churches Trust I report on the accounts of the Trust for the year ended 5th April 2024 which are set out on pages 5 to 7 Respectlve responslbillties of the Trustee5 and examiner The Tru5tee5 are responsible for the preparation of the accounts. The Trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 Ithe 2011 Act] and that an independent examination is needed. It is my responsibility to

Examine the accounts under section 145 of the 2011 Act To follow the procedures laid down in the General Directions given by the Charity Commissioners under Section 145{5llbl of the 2011 Act,. and To state whether particular matters have come to my attention. Basls of Independent Examlnerf5 Report My examination was carried out in accordance with the General Directions 8iven by the Charity Commissioners. An examination includes a review of the accountin8 records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or di5¢105ures in the accounts, and seeking explanations from you, as trustees, concernin8 any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a "true and foir view" and the report is limlted to those matters set out in the statement below. Independent Examlnerfs Statement In connectlon with my examination, no material matter has come to my attention 11 Which gives me reasonable cause to believe that in any material respect the requirements al To keep accounting records in accordance with section 130 of the 2011 Act and bl To prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Att Have not been met,. or 21 to acc ich in my opinion attention should be drawn to enable a proper understanding of the Csto ac ed. etts High View Steenwood Lane Admaston. Ru8elev WS15 3NG Dated:12Gp6fvJ 2024 Page 4