Cumber t￿￿er Parish Chur¢b Receipts aDd Payments Account for the Y￿ ended 318t December 2024 Noles Unrestrleted R¢stricted 2024 2024 Total 2024 Totsl 2023 Freewill offerings and plate collections 23.673.76 23.673.76 21.367.14 Donations 7,350.00 7.350.00 2,094.1x1 Special collections 160.00 160.00 Fund raising 1,725.00 1,725.00 Graveyard income 700.IXI 700.00 700.00 In¢ome from land Land letting5 (2 years) 7,100.00 7,100.00 Wayl¢ave 27.33 27.33 24.91 Sundry income Sunday School incotne 260.00 260.00 930.83 Bank and deposit interest Investment income 98.40 20.21 118.61 90.63 Totsl Income nditu Dists 2.34 3 840.05 Totsl expenditure Exce￿ of In¢om¢ gver Expendithre The noles part of these fmancial statements and should be read in ¢onjuDCtion therewith. On Behalf of the Trustees I S: Ly. %2S........ Date: Cumber IA)wer Pari9b Church Statement of Auets and Liabilitses as at 318t December 2024 Unreslrfeted Funds 2024 Funds 2024 Totsl 2024 Totsl 2023 Cash Funds C&sh on h￿Id Current ALxounts Investsnent account Totsi Cash FuDds 2.785. 10.241.94 5,506.39 IWJ3 2,088.28 24.820.01 4,873.28 35.061.95 5.506.39 4S441.62 202.73 23.448.34 5.416.22 29.06729 2A908a9 Investment Awts Investments in RCB / CIT Unit Trusts Totsl Investment 312.860.99 306,846.08 312060.99 306W6.08 Assets retained for the Parish's oivn uqe Glebe lands Fixtu￿ fittings and equi Total Amets retsined for the Parnb's own 260.000.00 260.0￿.00 720.00 900.00 260.720.IKI 260,900.00 The notes fonn part of these financial stateM￿ts and should Ir read in conjunction thettwith. On BelMlf of tbe Trnstees Dats: IS,. w.. Charity Registration Number.. NIC I04855 Cumber I￿er Parish Chllreh NotrJ to the financial Statements for the year ended 31st Deeember 2024 2. Movement in C*sh Funds AtlJin Incoming Outgoing 2024 R¢gourw Raources TraDsferJ At 31Dee 2024 Unrestrleted fllnds Genernl Fund Rutrieted Funds General Fund 5 972.78 1867.57 4￿46094 ￿ ￿18533.33 2,067.60 277.28 2J44.88 Repair Fund Sunday School Total reJtrl¢ted fuDd¥ 16.570.54 629.18 17,199.72 2021 260.00 2J47.81 (32.34) (429.30) (461.64) ,005.00 2.1,563.41 (459.88) 7.822.40 26.90829 Total C￿h Funds 29.067.29 42.808.75 (26.434.42) 45,441.62 Puryosej of restricted fund8 Repair fund.. this is to assist the Parish with the costs of maintaining the Churc14 graveyard and 8lebe18nds. Balance of £2,344.88 held in General Funds includes £1.725.00 from fimd raisin& £160.00 collection Bishop's Appeal and £459.88 Sw)day School funds. 3. TraDsaclaollJ with the Trustees The parish paid expenses of £2.825.49 (2023-£2.540.88) relating to the running rJ)sts and repairs of the Rectory which is oc£upied by the Rector. Cumber ￿￿tr Parish Church Notes to the fiDan¢ial Statements for the yeAr ended 31st Deeember 2024 l. Accounting policies Set out below are the principal aLYounting policies which have been adopted in the compilation of the Receipts and Payments Account and the Statement of Assets and Liabilities (a) Receipts and Payments Account All itwns of income and expenditure included within the Receipts and Pajinents Account have been accounted for on a cash rettipts basis. (b) Slatement of Assets aDd Liabilitie8 (i) Assels relainedfor ihe Parish's own xse The assets of the Paris1￿ retained for its own use ¢omprise:_ Church Building and Graveyard Gl¢be lands Rectory The Church Building and Graveyard are deemed to be Heritage assets as defined by the Charities SORP (FRS102). These Heritsge assets are not included in the Statement of Assets and Liabilities as ]nforn￿tIOn on the cost or valuation is not available and such infomation cannot be obtained at a cost mmensurate with the benefit to the users of th¢ accounts and to the parish. The Parish owns approximately 26 acres of glebe lands located at Killaloo. These are vested in the RCB. Responsibility for the maintenance and upkeep of the glebe lands Tests with the Select Vesty. The glebe lands are recorded in the Statement of Assets and Liabilities at a valuation pla￿d on them by the trustees. The Rectory is owned by the 4 churches within the g￿uP and has not been included in the Statement of Assets and Liabilities. The Rectory is included in the Statement of Assets and Liabilities of Cumber Upper Parish ChU￿h. ll) Invatments Fixed asset investjnents in RCB and CIT are initially recorded at wst and are then subsequently stated at fair value at each year end date. The Church holds 415 shares in a pooled investment in DFC. The Church is entitled to receiv¢ dividends but cannot sell the shares. These are not included in the SLqtement of Assets and Liabilities.