Charlty No. 261653 ST MARTIN'S CHURCH, SALISBURY ANNUAL REPORT AND FINANCIAL STATEMENTS OF SARUM ST MARTIN THE RECTOR AND CHURCHWARDENS ACCOUNTS (CHURCH OR FABRIC ESTATES) FOR THE YEAR ENDED 31 DECEMBER 2024 RECTOR Father David Benjamln Flsher The Rectory 42 Tollgate Road Salisbury SPI 2JJ CHURCHWARDEN Mrs Mary A. Lllley 8 Potters Way Salisbury spi ipy CHURCHWARDEN Mr R. J. Hayes 53 Hilltop Wav Salisbury SPI 3QQ INDEPENDENT EXAMINER Chrlstopher Bush Berkeley Bate Outsourclng LLP Chartered Accountants Blakey Road Salisbury Wiltshire SPI 2LP
SARUM ST MARTIN RECTOR AND CHURCHWARDENS ACCOUNTS (CHURCH OR FABRIC ESTATES) CONTENTS OF THE FINANCIAL STATEMENTS For the Year Ended 31 December 2024 Page Report ot the Rector and Churchwardens General Fund- Receipts and Payments Accounts Rawlings Beque5t- Receipts and Payments AttountS ststement of Assets and Llabilities Notes to the Flnanclal Statements Independent Examlnerfs Report
SARUM ST MARTIN RECTOR AND CHURCHWARDENS ACCOUNTS {CHURCH OR FABRIC ESTATESI REPORT OF THE RECTOR AND CHURCHWARDENS For the year ended 31 December 2024 The Rector and Churchwardens of the Church of Sarum St Martln. Sallsbury, are the managlng trustees of the Charity registered as the'church or Fabric Estates Tnjst,. The Dlocese of Sallsburls Dlocesan Board of Flnance is the Custodian Trustee of the invested capital of the Charity. The objects of the Charlty are for the purpose of maintaining the fabric of the Church of St Martin, the St. Martin's Centre. and for other charltable purposes. The Income of the Charity Is derived from investments of bequests and capital sums Invested wlth the Central Board of Flnance of the Church of England and from rental income. The Income of the Chartty Is used for the care. repairand malntenante of the Church buildirng and to provide furnlshlngs and equipment for use in the Church bvildlng. and the St. Martin's Centre. The Trustees who served durlng the year were.. Father David Benjamin Flsher Mrs Mary A. Lilley Ichurchwardenl Mr R. l. Hayes Ichurchwardenl St Martin's Church The annual maintenance programme including Health and Safety risk assessments, fire extinguisher maintenance and CCTV took place throughout the year. The Llghtnin£ Conductor malntenance was also cB¥ried out. ExtÈnsive maintenance and redecoration of the Chancel has taken place durlng the year. A nymber of Concerts were held In the Church durlng the year The Parish office was open on Mondays to Thursdays from 10.00am to 12.30pm. St Martins Centre A maintenance programme was managed on a needed basis during the year. A full risk assessment was carried out to meet our Health and Safety requirements and Fire alarm and CCTV malntenance was 3150 carrled out with minor works to ensure good working tsrder of all servlces Including replacement of some fire extingulshers. The Halls were hired to a number of organisatlons throughout the year,. The EIS school is operatlng throughout the year and hires two rooms for administration, flve elassrooms and a tollet block at a rent of £1,800 per month in part of the Centre known a5 the"Annexe" These room5 would also ccjntinue to be hired out to other prwate parties or organlsatlons when avallable, an example belng Pulse Healthcare and Celebratè vol every October for two weeks to facilitate their rehearsals. The lower part of the buildlng. alongside the churchyard, is leased to the PCC, whi£h includes the "basement offlce accommodation" is rented by The Sallsbury Vineyard Church who are responsible for ihe Councll Rates on that element of the building. On behalf of the Rector & Churchwardens Mary Angela Lllley, PCC Vlte Chair Dated..
SARUM ST MARTIN RECTOR AND CHURCHWARDENS ACCOUNTS (CHURCH OR FABRIC ESTATESI STATEMENT OF FINANaAL AcfiviTIES For thè Year Ended 31 Dècember 2024 GENERAL FUND- RECEIPTS AND PAYMENTSACCOUNT 2024 2023 RECEIPTS Mlss Little Bequest 6946 shares CB3015536 Eleanor Walsh Fund 6697 shares C03053122 Interest and Dlvldends receivable Rent- St Martin's Former Infant's School 4,359 3.699 2,794 34,4rA) 4,292 3,649 1.646 8,709 4S,312 18,296 OTHER RECEIPTS Transfers from PCC Study English return of funds 53,887 53,887 TofAL RECEIPTS 45.312 72.183 PAYMENTS Church maintenan and Repairs (incl Towerl Bank Char8es and Interest Insurance 56,010 86 51,027 84 6,7S2 2,307 11,344 2,453 soo 6,303 2,068 8.342 4.213 1.500 Sundry Items/Equipment Church Hall Repairs & Maintènance Professional FÈes and Faculties Church Hall Runnlng 179,4521 (73.5371 OTHER PAYMENTS Transfers to PCC 51,135 70,061 io.ooo Transfer to Dlscretlonary Fund 151,1351 180,0611 TOTAL PAYMENTS 1130,5871 1153,5981 Contlnued.....
INVESTMENTS Partial encashment frorn Fabrlt Fund 25,000 60,000 25,000 60.OC(I IDEFian/suRPLUS FOR THE YEAR 160,2751 121,4151 Bank Balances- l January 2024 224.581 245,996 Bank Balances- 31 December 2024 164,306 224.581
SARUM ST MARTIN RECTOR AND CHURCHWARDENS ACCOUNTS ICHURCH OR FABRIC ESTATES) STATEMENT OF FINANCIAL ACTIVITIES For the Year Ended 31 December 2024 RAWLINGS BEqUEST- RECEIPTS AND PAYMENTS ACCOUNT 2024 2023 RECEIPTS Dividend on shares 65,207 30,615 64,209 18,188 Interest on CBF deposlt account TOTAL RECEIPTS 95.822 82,397 PAYMENTS Withdrawal 25,0 60.(K)O YRAN5FERS BETWEEN FUNDS SURPLUS FOR THE YEAR 70,822 22,397 C8F Dep051t 8alance- l January 2024 566,618 554.221 CBF Deposit Balance- 31 Deeember 2024 637,441 566,618 OISCRECTIONARY FUND- RECEIPTSAND PAYMENTS ACCOUNT 2024 2023 RECEIPT5 Miscellaneous income Interest on CBF deposit account 855 10,020 634 645 TOTAL RECEIPTS 1,5LK) 10.654 PAYMENTS 1,452 10.761 SURPLus/IDEFICITI FOR THE YEAR 48 C8F Dep0511 Balan- I january 2024 126 233 CBF Deposit Balance- 31 December 2024 174 126
SARUM ST MARTIN RECTORAND CHURCHWARDENSACCOUNTS (CHURCH OR FABRIC ESTATES) STATEMENT OF ASSETS AND LIABIUTIES AT 31 DECEMBER 2024 General Fund Rawlings Bequest Total 2024 Total 2023 Monetary Assets- Investments at Market Value: Miss Little Bequest 6,946 shares C83015536 Church Discretionary Fund 1,490 shares CB3034658 Lear Memorlal Room 1,027 share5 CB3015341 Eleanor Walsh Fund 6,697 shares C03053122 Rawlings Bequest 106,993 shares CB3015528 CBF Deposlt Fund CB3034361 War Bond Wllmot Trust Discretionary Account- Lloyds Bank plc Deposlt Account- Lloyds Bank plc Current Account- Lloyds Bank plc 95 day Notlce Account- Lloyds Bank plc 160,610 36,701 23,762 135,904 160,610 157,016 36,701 34,925 23,762 23,230 135,904 132,902 2,402,810 2,402,810 2,349,044 637,441 566,168 loo loo 174 126 80,285 80,285 196,536 3,239 3,239 28,045 80,781 80,781 1,158,997 2,402,810 3,561,807 3,488,542 637,441 100 174 OTHER FIXED ASSETS: Note Freehold of St Martln's Infants School NON.MONETARY ASS$ Grand Piano at cost Silver Chrismatory Casket at cost Church OTgan at cost Hanglng Pyx at cost Office Computer at cost Rector's Computer Rector Robes Entrance Furnishings HP CM printer at cost Presldential Chair Less.. Depreciation to date 8,950 8,995 26,340 13,050 8,950 8,995 26,340 13,050 1,066 917 8,950 8,995 26,340 13,050 1,066 917 1,066 917 430 1,477 579 430 430 1,477 579 1,181 163,3731 1,477 579 1,181 1,181 16,0381 157,3351 163.3731
SARUM ST MARTIN RECTOR AND CHURCHWARDENS ACCOUNTS (CHURCH OR FABRIC ESTATES) NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2024 Accounting Pollcles The financial statements of the REctor and Churchwardens Funds Ichurch or Fabric Estate Char5tyl have been prepared usinE the Retripts and Payments basis. Funds General fundsand the Rawlings Bequest fund vested in thetru51 ofthe Rectorand Churchwardens for use as specified In the bequest or the governing document or schEme as regulated by rhe Charlly Commissioner5. The actounts Include monetary transactions. assets and liabilities forwhlch the Trustees can be held responslble. Freehold Property- Former St Martln'5 Infants School The 60% part of the Property known as the School Annexe 15 fully owned and managed by the charTty and all rooms are available lor hire to the community, private individuals, orgahi5ations such as The Deaf Ciub and Celebrate Voice for social gatherlng, charltable events ènd concert rÈhearsa15 but most day tlme use during week day5 would be by the language School, Study English in SalSsbsJry during the Sprlng and Summer month5. The other 40% of the property is rented to the PCC for Church use and for hlring to charltable organlsatlons and communlty use at an annual rent of £1.00 per week. Thls does not include the "basement office accommodatlon" rented by The Sallsbury Vineyard Church who are responslble lor the Councll Rates on that element of the bulldlng and whose rent goes direct to the Charity Non.monetaryAssets Non-monetary assets are wrltten off over a period of four years. Raw15n8s Bequest Income from the Invested capltal ofthis bequest is used forthe malntenance of the fabrlcof the Church, the provislon ol other lurnishlngs and items that 3re used with*n the church buildings and for the provision and rnaintenance of the church hall and is aoverned by a Charity Commiss+on scheme dated February 1998. Monetary Assets The CBF sh3reholdlng account references endlng th an S or F have now been changed to start CB and the COIF Investments now start with a CO. Loan made to tonnected partv Study English In 5allsbury Limiled is considered a related party to Sarum St Martin Rector and Churthwardens (church or Fabric Estates) as Rector Father D Flsher and Chvrchwardens Mrs M Lilley and Mr R Hayes total three, of the four, Dlrectors of Srudy Engllsh In Sallsbury Llmlted.
SARUM ST MARTIN REcfoR AND CHURCHWARDENS ACCOUNTS ICHURCH OR FABRIC ESTATES} INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES For the year ended 31 December 2024 I report to the trustees on my examination of the account5 of the Rector and Churchwardens AccoLtnts (Church or Fabric Estates) for the year ended 31 Oecember 2024 whlch are set out on pages 3 to 7. Responslbilitie5 and basis of report As the charity trustees of the PCC you aTe responsible far the preparatlon of the accounts In accordance with the requlrements of the Charlties Act 20111'the Act'l. I report in respect of my examination of the pccs accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commi551on ijnder section 14515llbl of the Act. Independent examiner's statement I have completed my examlnatlon. I conflrm that no materlal matters have come to mv attention in connèction with the examination glving me cause to believe that In any material respect: accountlng record5 were not kept in respect of the PCC a5 required by sectlon 130 of the Act,. 2. the accounts do not accord with those records. I have no concerns and have come across no other matters In connection with the examination to whlch attentlon should be drawn in this report in order to enable a proper understand1ng of the accounts to be reached. Christopher Bush Berkeley Bate Outsourcing LLP Chartered Accountants Blakey Road Salisbury Wiltshire SPI 2LP