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2024-12-31-accounts

Unrestricted Unrestricted Restricted Endowment Total Unrestricted Unrestricted Restricted Endowment Total
funds
funds
funds
funds
funds funds funds funds
general designated general designated
2024
2024
2024 2024 2024 2023 2023 2023 2023 2023
asrestated asrestated
Notes
£

£
£ £ £ £ £ £ £ £
Incomefrom:
Donationsandlegacies 3 154,727
24,812
1,810 - 181,349 207,335 97,894 3,235 - 308,464
Charitableactivities 4 -
392
-
-
392 - - - - -
Investments 5 23,172
-
9,784 - 32,956 33,226 - 5,688 - 38,914
Totalincome 177,899
25,204
11,594 - 214,697 240,561 97,894 8,923 - 347,378
Expenditureon:
Charitableactivities 6 125,889
293,713
208 - 419,810 (156,003)
(37,680)
(545)
-
194,228
Other 11 1,085
-
-
-
1,085 - - - - -
Totalresources
expended 126,974
293,713
208 - 420,895 (156,003)
(37,680)
(545)
-
194,228
Netgains/(losses)on
investments 12 -
-
15,752 39,866 55,618 - - 18,905 38,268 57,173
Netincomingresources
beforetransfers 50,925
(268,509)
27,138 39,866 (150,580)
84,558
60,214 27,283 38,268 210,323

Netincomingresources
beforetransfers 50,925 (268,509) 27,138 39,866 (150,580) 84,558 60,214 27,283 38,268 210,323
Grosstransfersbetween
funds (14,486) 5,130 9,356 - - (171,791) 171,791 - - -
Netmovementinfunds 36,439 (263,379) 36,494 39,866 (150,580) (87,233) 232,005 27,283 38,268 210,323
Fundbalancesat1
January2024 950,675 436,255 1,369,316 503,947 3,260,193 1,037,908 204,252 1,342,033 465,680 3,049,873
Fundbalancesat31
December2024 987,114 172,876 1,405,810 543,813 3,109,613 950,675 436,257 1,369,316 503,948 3,260,196

2024 2023
asrestated
Notes £ £ £
£
Fixedassets
Tangibleassets 14 393,266 394,628
Investmentproperty 15 465,000 465,000
Investments 16 1,005,274 949,656
1,863,540 1,809,284
Currentassets
Debtors 17 540,990 536,731
Cashatbankandinhand 858,108 918,788
1,399,098 1,455,519
Creditors:amountsfallingduewithin 19
oneyear 153,025 4,607
Netcurrentassets 1,246,073 1,450,912
Totalassetslesscurrentliabilities 3,109,613 3,260,196
ThefundsoftheParish
Endowmentfunds 21 543,813 503,948
Restrictedincomefunds 22 1,405,810 1,369,316
Unrestrictedfunds-general 987,114 950,675
Unrestrictedfunds-designated 23 172,876 436,257
3,260,196

1.6 Tangiblefixedassets
Tangiblefixedassetsareinitiallymeasuredatcostandsubsequentlymeasuredatcostorvaluation,netof
depreciationandanyimpairmentlosses.
Depreciationisrecognisedsoastowriteoffthecostorvaluationofassetslesstheirresidualvaluesovertheir
usefullivesonthefollowingbases:

Unrestricted Unrestricted Restricted Total Total
funds
funds
funds 2024 2023
general designated
Donationsandgifts 148,977
8,329
- 157,306 298,194
Legaciesreceivable -
-
- - 1,000
Grantsreceived -
-
1,810 1,810 2,035
Other 5,750
16,483
- 22,233 7,235
154,727
24,812
1,810 181,349 308,464
Fortheyearended31December
2023 207,335
97,894
3,235 308,464

Charitable 2023
Income
2024
Otherincome 392 _
Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2024 2024 2024 2023 2023 2023
Rentalincome 20,075 - 20,075 17,330 - 17,330
Dividends 3,073 9,784 12,857 13,280 5,688 18,968
Interestreceivable 24 - 24 2,616 - 2,616
23,172 9,784 32,956 33,226 5,688 38,914

Charitable Charitable
expenditure expenditure
1
1
2024 2023
asrestated
Staffcosts 233,590 8,670
Depreciationandimpairment 6,671 6,659
Cleaningcosts 5,875 5,460
Caretaking&maintenancecosts 6,467 5,397
Missions&othergroups 24,073 27,656
Repairs&maintenanceofbuildings 46,577 10,410
Insurance 11,146 10,221
Light&heat 19,878 16,367
Diocesanassessment 15,423 17,515
Administrationcosts 2,304 3,982
Printing,display&advertisingcosts (2,417)
2,345
Choir&musicgroup 9,980 8,989
Rent&rates 5,292 9,614
Financialcharges 552 502
Education&books 54 34
Generalexpenses 10,406 7,734
395,871 141,555
Shareofsupportcosts(seenote7) 20,039 19,671
Shareofgovernancecosts(seenote7) 3,900 33,002
419,810 194,228
Analysisbyfund
Unrestrictedfunds-general 125,889 156,003
Unrestrictedfunds-designated 293,713 37,680
Restrictedfunds 208 545
419,810 194,228
Fortheyearended31December2023
Unrestrictedfunds-general 156,003
Unrestrictedfunds-designated 37,680
Restrictedfunds 545
194,228

Supportcosts
Support Governance 2024 2023Basisofallocation
costs
costs
Staffcosts 19,612
-
19,612 18,520
Book-keeping 245
-
245 365
Administrationcosts 182
-
182 786
Legalandprofessional -
3,900
3,900 33,002Governance
20,039
3,900
23,939 52,673
Analysedbetween
Charitableactivities 20,039
3,900
23,939 52,673
Netmovementinfunds 2024 2023
Thenetmovementinfundsisstatedaftercharging/(crediting):
Depreciationofownedtangiblefixedassets 6,671 6,659
Lossondisposaloftangiblefixedassets 1,085 -

2024 2023
Number Number
Administration 1 1
Employmentcosts 2024 2023
Wagesandsalaries 244,503 16,124
Socialsecuritycosts 1,421 2,069
Otherpensioncosts 7,278 8,997
olitwif LOU

Unrestricted Unrestricted
funds funds
2024 2023
Netlossondisposaloftangiblefixedassets 1,085 -

Restricted Endowment Total Restricted Endowment Total
funds
funds
funds
funds
2024
2024
2024 2023
2023
2023
Gains/(losses)arisingon: £
£
Revaluationof
investments 15,752
39,866
55,618 18,905
38,268
F,7171

Tangiblefixedassets
Freeholdland Fixturesand Total
andbuildings fittings
Cost
At1January2024 336,842 128,835 465,677
Additions - 6,394 6,394
Disposals - (7,500) (7,500)
At31December2024 336,842 127,729 464,571
Depreciationandimpairment
At1January2024 - 71,049 71,049
Depreciationchargedintheyear - 6,671 6,671
Eliminatedinrespectofdisposals - (6,415) (6,415)
At31December2024 - 71,305 71,305
Carryingamount
At31December2024 336,842 56,424 393,266
At31December2023 336,842 57,786 394,628

15 Investmentproperty (Continued)
2024 2023
Freehold 465,000 465,000
Longleasehold - -
Shortleasehold - -
16 Fixedassetinvestments
Listed
investments
Costorvaluation
At1January2024 949,656
Valuationchanges (Seenote12) 55,618
At31December2024 1,005,274
Carryingamount
At31December2024 1,005,274
At31December2023 949,656
17 Debtors
2024 2023
asrestated
Amountsfallingduewithinoneyear: £ £
Tradedebtors 23,690 9,079
Otherdebtors 517,300 519,192
Prepaymentsandaccrued income - 8,460
540,990 536,731
18 Loansandoverdrafts
2024 2023
Creditcard 155 23
Payablewithinoneyear 155 23

19 Creditors:amountsfallingduewithinoneyear
2024 2023
Notes £ £
Creditcard 18 155 23
Othercreditors 152.870 4,584
9bS,uzb 4,bu/
20 Retirementbenefitschemes
2024 2023
Definedcontributionschemes £ £
Chargetoprofitorlossinrespectofdefinedcontributionschemes 7,278 8,997

At1January Gainsand At31
2024 losses December
2024
Permanentendowments
503,947 'AS1RAR AAIAll
Previousyear: At1January Gainsand At31
2023 losses December
2023
Permanentendowments
465,680 IR9RR RnIAQAR

At 1January Incoming Resources Transfers Gainsand At31
2024 resources expended losses December
2024
1,369,316 11,594 (208) 9,356 15,752 1,405,810
Previousyear: At 1January Incoming Resources Transfers Gainsand At31
2023 resources expended losses December
2023
1,342,033 8,923 (545) - 18,905 1,369,316

At 1 January Incoming Resources Transfers At31
2024 resources expended December
2024
436,255 25,204 (293,713) 5,130 172,876
Previousyear: At 1 January Incoming Resources Transfers At31
2023 resources expended December
2023
204,252 97,894 (37,680) 171,791 436,257

At 1 January Incoming Resources Transfers At31
2024 resources expended December
2024
Generalfunds 950,675 177,899 (126,974) (14,486) 987,114

Unrestrictedfunds (Continued)
Previousyear: At1January Incoming Resources Transfers At31
2023 resources expended December
2023
asrestated
Generalfunds 1,037,908 240,561 (156,003) (171,791) 950,675
Analysisofnetassetsbetween funds
General Designated Restricted Endowment Total
Fundbalancesat31December
2024arerepresentedby:
Tangibleassets 56,424 336,842 - 393,266
Investmentproperties 325,000 140,000 - 465,000
Investments - - 461,461 543,813 1,005,274
Currentassets/(liabilities) 605,690 172,876 467,507 - 1,246,073
987,114 172,876 1,405,810 543,813 3,109,613

Cashgeneratedfromoperations 2024 2023
asrestated
(Deficit)/surplusfortheyear (150,580) 210,323
Adjustmentsfor:
Investmentincomerecognisedinprofitorloss (32,956) (38,914)
Lossondisposaloftangiblefixedassets 1,085 -
Fairvaluegainsandlossesoninvestments (55,618) (57,173)
Depreciationandimpairmentoftangiblefixedassets 6,671 6,659
Movementsinworkingcapital:
(Increase)/decreaseindebtors (6,151) 2,099
Increaseincreditors 148,286 2,966
Cash(absorbedby)/generatedfromoperations (89,263) 125,960