REGISTERED CHARtrY NUMBER: 254295 Trnste•s' Rèport and Unauthled Flnanclal Stat¢m•rts fwtr*YearEnded 30September 21J24 PottIngh Churth Estate Dakon Pardoe Llmlted Chartered AEcountsnts 794 High Street Kingswinford West Mldjands DY6 SBQ
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Pattlryham Church Esi•i• Trustees. Report fortheyear Ended 30 S¢pternber2024 The trustees present ihelr report wth the flnanclal staterrvdnts of the charlty foi the year ended 30 September 2024. The trustees have adopted the provtslons of Accountlng and Reportln6 by Charltles.. Statement of Recommended Practlce appllcableto charlues Ppar1Th thelr actounts In accordance wtth the nancIal Reportlng 5tondard appllcable In the UK and Republlc of Ireland IFR5 1021 leffecte i January 20191. OBJEcfivES ANO ACTIVITIES Oblect5ves ènd ilms The Trust exlsts and 1$ 8ovefned by Deed5 Sealed on 5th Fobru•ry 1909. the alms and oblectlves of whkh ère, havln8 nrst d15char8ed all proper costs, char8e5 and expenses Incldental to the admln15tratlon and mana8ement of the Char, to pay any charge lawFulty Incurred and requested by the Churchwafden$ of the Parl$h of Pattin8h8m In the malnten8nce and ordlnary PaIrS and Insurance a8alnst fire of the fabrlc ol the Paflsh Church of St.Chad's and ffla1ntenae of Its churchyard. In addltlon the Trust15 Portlcularly charged In thè Care for the Organ and omamentatlon olthè Church. 11 In anv vearthe whole of the Income Is not applled coverlng these charyesthe resldue shall be accumulated In a fund forthe Improvement orenlary?ment Ol the fabrk of the Church and churthyard. ACHIEVEfvIENT AND PERFORMANCE Ch•rft•bh •rtbvltlq Durlng the fimnclal y•ar ended 30 Sèptember 2024 the Trustees 8av• yants of £73.706 to St.Ch•d's Church to be used towards Insurnnce, churchyard malnten•nce and roof r•palrs. FINANCIAL REVIEW Surnrn¥ryof rewltsforth• y••r The ch•rlty recefved rentsl Income, dlvldends and int•rest •mountln6 to £95A80 In th• ye•r under revlew In<ompJrL%on to £93,436 In 2023. ndlture on ch•fft•ble ictlvltl•s tot•ll•d £74,354 In the yell, InchJdln8 y•nts of £73.706 to St Ch•d'sChurch. R•v•luatk)n ylns on Investments amounted to £2911641 £46,166: 20231 for tho year under revlew resultlni In •n overall galn of £313.6901 £106,357: 20231 r•sultln8 In funds Incr••slnoov•rth• yur Irom £3,150,$09 to £3,464,199 as Jt the b¥lpnce sheet date. R•s•MI pollcy Unfutrlct•d fvnds •r• •pportlon•d b•twMn 6•n•ral fvndi •nd p•rmin•nt funds. GeneTrl funds Jre held by th•Twstses to meet the d•yto d•ycosts of fulhllln8 the ch¥rW5 Qblertives •nd alms. Permjnent funds ¥re held by the Trusteej In p•r•te Investment ¥ccounts and •re ret41ned for any futurt Investmènt wh1 tho charlty of a permanenv tapltil nature. STRUCWRe, GOVERNANCE AND MANAGEMENT 60¥gmlni do¢um•nt The charlty 1$ controlled by its goYernlngdocumenL • deed of trust and constrtutes an unlncorporated charlty. REFERENCE AIIO ADMINISTIIATIVE DETAILS R•tser•d Ch•rlty Nmb•r 254296 prI1p1 Jddr•ss The Rldges Great Moor Road Pattingham Wolverhampton WV6 7AU Trusthes D mpson Mr5 C M Rlngrose C E A Pendrell Mfs D M Steel Page I
REFERENCE AND ADMINISTRAIIVE DETAILS Independent EXamIr Colin Dalton FCA Dolton Pardoe Limited Chartered Accountan 794 HiBh Street Klngswlnford West Mldlands OY6 88Q Apwoved by order of the board of trnstee5 0n....-..... aTrJ 4ned on tt5 tseh3 by: Mts C M Ringrose- stee
Independent Examiner's Report to the Trustees of Pattlngham Church Estate Independent Examlner'5 report to the trustees ol Pattlngham Chur¢h E$tate I report to the charity trustees on my exarnlnatlon of the accounts of Pattin8ham Church Estate Ithe Trust) for the year ended 30 September 2024. Ae5ponslbilltie5 and bas15 01 report As the tharity trustee5 of the Trust you are responslble for rhe prepèraiion of the èc¢ovnts in accordante with the Tequiretnents of the Charitles Act 20111'the Act'l. I report in respect of tny exarnination of the Trust's accounts carrled out unde¢ Section 145 of the Act and in carrylng out mv examination I have followed all applicable Directions given by the Charity Commisslon under Sectlon 14515llbl of the Act. Independent examlner's statement I have ¢otnpleted my examination. I conflrm thar no materlal matters have come to my attention in connectitsn with the exarnlnation glvlng me Cause to belleve that In any materlal respect.. accounring records were not kept In respect ol the Trust as requlred by Sectlon 130 of the Act.. or the accounts do not accord wlth those records,. or the accounts do not comply wlth the appllcable requirements concernln8 the form and content of accounts set out In the Charitle5 (Accounts and Reports) Regulèiions 2008 other than any reovlrement that the account$ glve a true and falr vlew whlch is not a rnatter consldered as part of an Independent examlnatlon. I have no concerns and have corne across no other mètters connectlon wirh rhe examlnatlon to whlch attenrlon should be drawn In thSs report In order to enable a proper undersrandlng of rhe 3ccounts io be reached. Colln Dalton FCA Dalton Pardoe LimSted Chartered Accountants 794 Hlgh Street Klngswinford West Midlands DY6 88Q Date.. Page 3
Pattinshamclwrth Égtste ststementof Flnandal Artlvltlts forthe Y*•rEnded 30 September 2024 30.914 Unrestrkted funds 30.9.23 Totsl fibnds Notes INCOME AND ENDOWMEIITS FROM Invtstrnent Income 95080 93,436 EXPENDITURE ON Char5table actlvltl Gr•nts to St. ChJd's Church Governance costs 73.70fj 32,661 Total 74J54 33,245 Net q?Ins on Investm•nts 292.164 46,166 NETIt4COME 313,690 106,357 RECONCILoN OF FUIID5 Toi•l fvnds brought forw•rd 3.150.509 3.044,152 TOTAL FUNDS CARRIED FOIIWARD 3.464.199 3,150,509 CONTINUING OPERATIONS All Incom• Ind •xp•fidltur• has arlsen from contlhuln¢ Ittlvlt£ The notes form part of these flnanclal stalements Page 4
Pattingham Church Estate Balance Sheet 30 September 2024 30.9.24 Unrestricted funds 30.9.23 Total funds Notes FIXED ASSETS Tangible assets CURRENT ASSETS Debtor5 Investments Cash at bank 23,017 3.439.630 2,199 22,669 3,122,467 5,996 3.464.846 3,151,132 CREDITORS Amounts falling due wlthSn one year 16481 16241 NETCURRENT ASSETS 3,464,198 3,150,508 TOTAL ASSET5 LESS CURRENT LIABILITIES 3.464.199 3.150,509 NET ASSETS 3,464,199 3.150,509 FUNDS Unrestricted fund5= General fund Permanent fund 1,105,428 2.358.771 999,029 2,151,480 3,464,199 3,150,509 TOTAL FUNDS 3.464.199 3.150,509 The f1nancial statements were approved by the Board of Trustees and 3Uthorlsed for issue on signed on its behalf by.. zg and were D Sampson- Tru ee C E A Pendrell- Trustee The notes lorrn part ol these financial staternents Page S
Pattln8ham Clwr¢h Estbte Notes tothè nda1 Statqfflqnts forthe Year Ended 30 September 2024 AccoufrmNG POUCIES ails of PTepJrfn¥ the th13nclal statements The financlal statements ol the charfty, whlch Is a publlc benefit entity undèr FRS 102, have en prepared In accordance wlth the Charltle$ SORP IFRS 1021 'Accountlng and Reportln8 by Charltle$: Statement of Recommended Practlce appllcable to charMÈs prèparlng thelr accounts In accordance wlth the Flnandal Reportlng Stsndard appllcablé In the UK and Republlc of Irèland IFRS 1021 leffertlve I january X$191', Flnandal Reportlng Standard 102 The Flnan¢lal Rèportlng Standard appllcable lft the UK ènd Republk of Ireland, and the Charftles Act 2011. The fiThaThclal 5tstements have been prepared under the hlstorlcal Cost conventlon. In¢orne All Incorne 15 reco6nlsed In the Staternent of Flnanclal Actfvltles once the charlty his entltlement to ihe funds. It15 probable that the Income wlll be recelved and the amouni can be measured rellabty. Expendlture Llabllltles are recnISed a5 expendlture as soon as there Is a le8al or Construc obllB8tlon ¢ommlttln8 tha charlty to that expendlture, Itls probable th4t • transfer of economlc benellts wlll be requlred ITh settlemènt ind tht amount ol the obll8atlon can be measurod rellably. Expendlture h accounted for on an accruals ba$15 and h05 been classlfied under h•adln8s that a88re84te hll cost related to the cote80ry. Where costs cannot be dlrertly •ttrlbyted to plrUl•r hèadlnls they have been •llouted to •clfvltleson ¥ b•sls conslstent wlth the use of resources. Grantsoffered suble¢t t¢ ¢ondltltsns whkh h•ve not been •t the ye•r end d•te •re ned as • comrnltment butnot accrued •5 expeThdllvre. ThnAlbl¢flxed aiMts DepreclatloTh Is provlded It the followlng annual rltes In ord*rto wrlt•off exh asi•t over Its utlm•t•d useful Ilfe. Tox•tlon The chJrlty Is exempt from t•¥ on Its ch•rlt•ble lrtlvllles. Fund aEcountlni Llnrestrlcttd fvnds ¢•n be used In Kcordance wlth the ch•rlt•ble Oblerte$ ¥t the d15cfeih)n of the trustms. Restri¢ted funds can onty bo used for partlcular festrkted purposes wtthln the objects of th• ¢h•rfty. R•strktlons arlse when sptclfled bythe donoror when funds are rnlsed lor partIcur restrfcted purposes. Furthar explanatlon of tho nature and purpose of each fvnd Is Induded In the not•sto th• fln•ncl•l Jtst•menls, IIIVESTMeNT INCOME 10.9.24 Unr•slrlct•d funds 30.9.23 Total fvnds Atnts re¢elved Dlvldtnds Deposlt account Interut 1,705 88,197 3,534 90.$33 4.305 95.880 93,436 Page 6 ontlnued...
PattiNham Church Èstale Notesto Flnanclal Ststernents- continue for the Year£nded 30September 2024 TRUSIEES. REMUNERATION AND 8ENEFITS Thère were no trustses, remuneratlon or oth*r beneflts for the year ended 30 Septembv 2024 nor for the ye•r ended 30 September 2023. Try>tses' •xpenMs There were trustee$, expenses pald for thè #rended 30Septsmber 2024 norfortheyejrended 30 September 2023. TANGIOLE FIXED ASSETS Freehold propertv COST At l Ortober 2023 Jnd 30 September 2024 WET BOOK VALUE At 30 Sepiembef 2024 At 30 Septembe¥ 2023 Th• pollcy of the Trurtees 1$ not to revalue land èftd bulldlThK% DEBTORS: AMOUNTS FAWNG DUE WIThIN ONE YEAR 30.9.24 30.9.23 Accrued Inv•stm•nt Income 23017 22,669 CUIIRENT ASSET INVESTMENTS 30.9.24 30.9.23 Investments- Perm•nent fvnd In¥estments- General fund 158.770 L080MI 2,151,479 970,988 3A39.630 3,122,467 Investments •rev•lued at m•rk•t value bi the b•l•nce shed date. Page 7 contlnutd...
Pattiryham Church Èstate Notes to FlnaNlal Staternents- contlnued for the YearÉnded 30 Septsmber 2024 CREOITORS: AMOUNTS FALUNG DUE wmiiN ONEYEAR 30.9.24 30.9.23 Accrualsand deferred Incom• 624 MOVEMENT IN FUNDS N•t movement In fvnd5 At 1.10.23 At 30.9.24 Unrestrlctedfundj Gtneral fund Permanent fvnd 999,029 151,480 6J99 207,291 10SA28 1.158,771 3,150,509 3A64.199 TOTAL FUNDS a.150.509 313,690 JA64.199 Net movement In funds, Included In the •bovo Ire 1$ fOlw$,. In¢omlnx rèsources Resour¢e$ lxponded fjalns and k*sses Movement In lunds Unr•rtrlrt•dfunth General fund Permanent fund 95WO 174,3541 84An 107,291 106,399 207291 174a541 291164 TOTAL FUNDS 95.880 174J541 291.164 313,690 C•mp•r¥t5ve•for movem•nt In Net movement In luftds Trnnsfers botwe•Th funds At 1.10.22 At 30.9.23 Unrnrtrfrtqd lyndi General fund P•rmanentfrJnd 964,217 2,079,935 74112 31,545 140,0001 40,000 999,029 2,151,480 3.044.152 106,357 3.150.509 TOTALFUN 3,044,152 106,357 3,150,509 Pa8e 8 contlnued...
Pattlnghjm ¢hurth Eslate P4ot•s to tho F5nanclal Stètements. contlnued forth• Year £Ied 30 S8Pternber 2024 MOVEMENT IN FUNDS-¢oNt5nl Comparatl¥e net movement In funds. Included In the above are asfollows: Incomln8 resource5 Resources expended Gains and losses Movement In funds Unrestrlctedfunds General lund Pem)anent fvnd 93.436 133.2451 14.621 31,545 74.812 31,545 93,436 133,2451 46,166 106,357 TOTAL FU14DS 93.436 133.2451 46,166 106,357 REiAIED PARTY DISCLOSURES There were no lated party transactkjns fortheyearended 305epternber 2024. Pa8e 9
P•ttlwham Churth Esiots Detalled Statement of Flnanclal Acthiltl lor the Year EThled ao September2024 30.9.24 UnrestrKted funds 30.9.23 Total funds INCOME AND ENOOWMEHTS Imiejlment Incom• Rents recefved Dmdends Dep051t Jccount Interest go93 88,197 3.534 9SXI 93,436 Tatd Incomlry r•Jourc•• 95A80 93A36 EXPENOITURE CTIl¥ble adlvltl GrantsioSL Chod'5 Churth 73.706 32.661 5uppDrt cos G¢vem•rte co Independent eximlmr Totsl resourus•xpended 74,354 33,245 Il•t Incom• btlor• 8•Sni and lou 21,SZ6 60.191 Rtallsed ylnslllo55e>l on fixed Jsset Irwestments 292.164 46.166 N•¢ In¢om• 313.690 106.357 Thls palè dots notform part of the ststutory ftn8Thclal statements Pa8e 10