Flrst Flo(x Th• FIrklOn Chester Buglnegs Pork Chestef CH4 gG8 12th June 2026 Dear Slr8, Independent Examination of Financial Statements November 2025 Year ended 08 We conflrm that the followlng representations are made on the basis of enquirles of management and 8taff wlth relevant knowledge and experience (and, where appropriate, of inspectlon of the Supportlng documentation) sufficient to satisty ourselves that we can properly make each of the followlng representations to you in connection with your report on the financial statements of the charity for the year ended 8th November 2025: Flnancial Statements l. We acknowledge that the work performed by you Is substantially less in scope than an audit performed in accordance wlth Auditlng Standards and that you do not express an audit opinlon. 2. We confirm that the charity was entitled to exemption under the Charities Act 2011 to have its flnanclal statements for the financlal year ended 8th November 2025 audited. We also confirm that the trustees have not requlred the charity to obtain an audit of its financial statements for the financial year. 3. We acknowledge as trustees our responsibility for the financial statements which give a true and falr vlew of the state of affairs of the charity as at the end of the financial year and of its profit or loss for the flnancial year, and which otherwise comply with the requlrements of that Act relating to flnanclal statements, so far as appllcable to the charity. All the accounting records have been made avallable to you and all transactlons undertaken by the charlty have been properly reflected In those accountlng records. All records and related Information, includlng the minutes of the dlrectors, and shareholders, meetlngs have been made avallable to you. 4. We conflrm that we have malntalned proper accountlng records, as requlred by the Charlty Commlsslon. 6. We conflrm, to the best of our knowledge and belief that there have been no Instances ot non- compllance or breaches of any laws or regulations which are essential to the activities ot the charltys buslnasg. 6. We are not aware of ony pendlng Iltlgatlon whlch may result In a signlficant k>ss to the charity.
- There were no contingent liabilities at the balance sheet date.
- As trustees, we have considered the financial position of the charity. We are not aware of any material uncertainties or doubts about the ability of the charity to continue as a 'going concern, for the foreseeable future.
- We confirm that there were no transactions with related parties of the charity or amounts due to or from related parties at the balance sheet date which are required to be disclosed In the financial statements other than those which are detailed in the notes to the financial statements.
- There have been no events since the balance sheet date which necessitate revision of the figures included in the financial statements or disclosure in the notes to the financial statements. Yours faithfully Mr Davld Walker- Chalrman Signed on behalf of the trustees 12th June 2026
CHARITY NUMBER: 1001314 CHESTER PAROCHIAL RELIEF IN NEED CHARITY FINANCIAL STATEMENTS YEAR ENDED 8 NOVEMBER 2026
CHESTER PAROCHIAL RELIEF IN NEED CHARITY FINANCIAL STATEMENTS YEAR ENDED 8 NOVEMBER 2026 CONTENTS Page Charity Information Report of the Trustees Independent Examiners Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements
Page 1 CHESTER PAROCHIAL RELIEF IN NEED CHARITY FINANCIAL STATEMENTS YEAR ENDED 8 NOVEMBER 2026 CHARITY INFORMATION Registered Charity Name The Chester Parochial Relief in Need Charity Address St. Thomas of Canterbury Parish Church, Parkgate road, Chester, CH14AG. Charity Number 1001314 Trustees Mr David Walker (Chairman) Mrs Margaret Bellis Ms Carol Toms Ms Christine Burkett Ms Jo Carter Rev Anne-marie Naylor Mr Luke Feather Mrs Sue Mountford Independent Examiners Xeinadin North West Limited First Floor The Foundation Herons Way Chester Business Park Chester CH4 9GB
Page 2 CHESTER PAROCHIAL RELIEF IN NEED CHARITY FINANCIAL STATEMENTS YEAR ENDED 8 NOVEMBER 2026 REPORT OF THE TRUSTEES The Trustees present their report and the independently examined financial statements for year ended 8 November 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable In the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). No formal systems in place accounts completed from the bank as minimal transactions in the period. Objectives and activities The objects of the Chester Parochial Relief in Need charity are the relieving either generally or individually persons resident in the area of Chester who are in conditions of need, hardship or distress. The objects of the related consolidated charity are the providing of one or more persons with a bible, prayer book or other religious books with any remaining income being used to augment the income of the Chester Parochial Relief in Need charity. Public benefit The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. Achievements and performance Trustees wanted to maximise amount of money available to give as grants and could no longer justify costs for a Clerk to complete administration of the charity. Agreed to a three-month transition across to Chair taking over the administration responsibilities. Clerk costs £4900 from November 2024 to August 2025 due to previous financial year overpayment of £2100.00. The charity gave £885.00 of Religious Books to 3 different Chester schools as part of the Consolidated Charity Governance Lap top and software purchased, box files, address for charity moved to St Oswald with Thomas of Canterbury (linked to Ex-officio Trustee Anee-marie Naylor), new contact telephone number and phone plus SIM purchased, new leaflets all costing £605.94. New Web Site designed and set up via donation with small annual domain charge to pay £28.77. New bank account opened to allow for internet banking and debit card with a high street branch in Chester for easy access. Charity spent £12,806.00 on items awarded as grants. The tenant of 63 Bridge Street at the beginning of the financial year, Da Noi Restaurant, had been struggling to meet quarterly rent payments from early 2024 and made a repayment agreement for accumulated arrears. In October 2024 we met with Da Noi and their agent and were informed that they would be closing the restaurant after Christmas 2024 and hoped to reassign the lease before it was due to end in April 2025. Da Noi identified a new tenant, Sam Morgan, but arrangements were not completed until the original lease ended in April 2025. The charity engaged agents Fisher German and Solicitors Aaron and partners to complete the new lease and follow up unpaid rent from Da Noi Restaurant costing a total of £10,147.68. Outstanding rent form Da Noi remains unpaid but we hope some of the money can be collected. Last rent paid on 63 Bridge Street was in November 2024 for £2500.00 which was paid on 4111124 (last financial year 202312024 leaving a debt at the end of Da Noi tenancy of £13,744.63 including fees and interest. New Tenant Sam Morgan took over the tenancy on 31712025 and negotiated 6 month rent free period to allow for refit and agreed annual rent of£21,500. Buildings Insurance for 63 Bridge Street was reviewed and discovered that it had been under insured. The premium has doubled but tenant of property will pay quarterly on top of rent pro rata as set out in tenancy agreement- cost £3432.45 to November 2026.
Page 3 Financial revlew During the year the Chester Parochial Relief in Need charity received total income of £33,780 (2024: £49,270). This comprised fixed asset investment income of £8,380 (2024: £7,253), grants £22,900 (2024: £13,700) and related consolidated charity rental income of £2,500 (2024: £28,217). Expenditure totalled £40,469 (2024: £27,996). This comprised charitable grants of £14,721 (2024: £11,351), insurances of £4,826 (2024: £2,843), investment management fees of £1,690 (2024: £1,687), legal fees of £10,148 (2024: £nil) and other administration expenses of £9,084 (2024: £12,115). The related consolidated charity transferred £2,500 (2024: £26,200) to the Chester Parochial Relief in Need charity. The charity has seen a revaluation surplus of £9,158 (2024: surplus of £14,307) on its investments and a disposal profit of £30 (2024: £20), so the overall movement of funds was a surplus of £2,499 (2024: £35,583). The value of its investments increased from £186,511 to £195,097. Cash reserves decreased from £99,134 to £93,047. The value of the endowment fund as at 8 November 2025 was £186,654 (2024: £178,438) and the income fund was £101,490 (2024: £107,207). Reserves 3 different funds a Bible fund, income fund and Perm endow fund. All reconciled by David Walker, Trustees made decision to place £50,000 in CCLA high interest account as reserve to cover costs and any shortfall in income plus generating extra interest on cash. Balance at end of year is £57,082.38. The board of trustees has examined the requirements for the reserves policy considering the severity and likelihood of the primary risks to the charity. It has established a policy whereby unrestricted funds not committed or invested in tangible fixed assets held by the charity should be between 3 and 6 months of projected expenditure for the following financial year. Plans for the future Links have been made via new website and Cheshire West Voluntary Action Charity to encourage more referrals. Further applications for funding from Henry Smith Charity, full rental income from 63 Bridge Street is expected and with no administration costs there will be more funds available to distribute in the area of benefit. Store Vouchers planned for Christmas and religious books again at Easter. The charity will continue to operate as normal and implement plans next year. Plan for charity to provide mobile phones and SIM cards to trustees to streamline administration further. Rental income from land at Kinnerton to be agreed.
Page 4 CHESTER PAROCHIAL RELIEF IN NEED CHARITY FINANCIAL STATEMENTS YEAR ENDED 8 NOVEMBER 2026 REPORT OF THE TRUSTEES- continued Structure, GovernAnce and Management The Chester Parochial Relief in Need charity was registered on 17 December 1990 having been formed under a scheme dated 8 November 1988, varied on 25 March 1993, 7 October 1998 and 6 June 2005. The charity trustees are responsible for the general control and management of the charity. The trustees give their time freely and receive no remuneration or other financial benefits. Existing trustees are responsible for the recruitment of new trustees as and when required. References are taken and the prospective trustee is invited to attend trustees meeting prior to their appointment. Trustees The trustees who served during the year and up to the date of signature of the financial statements were: Mr David Walker (Chairman) Mrs Margaret Bellis Ms Carol Toms Ms Christine Burkett Ms Jo Carter Rev Anne-marie Naylor Mr Luke Feather Mrs Sue Mounfford Trustees are appointed in accordance with the governing document of the charity. None of the trustees has any beneficial interest in the company. All Trustees have defined areas of responsibility commensurate with their skills and experience. An appropriate financial control policy is in place and is reviewed regularly by the trustees. Investment policy The trustees have delegated the management of its listed investments to a firm of stockbrokers who report back to the trustees on a quarterly basis. In the process of moving investments from Rathbones to Quilter Cheviot who offer lower rate for annual management fees. Risk management The trustees recognise their responsibilities with regard to risk management. Risks to which the charity may be exposed are identified and reviewed by the trustees on an annual basis. Recruitment and appointment of new trustees New trustees are recruited and appointed by the existing trustees as vacancies arise on the Board. Induction and training of trustees New trustees are provided with information about the charity and its work and their role and responsibilities as trustees,
Page 6 CHESTER PAROCHIAL RELIEF IN NEED CHARITY FINANCIAL STATEMENTS YEAR ENDED 8 NOVEMBER 2026 REPORT OF THE TRUSTEES- continued Trustees, responsibilities statement The trustees are responsible for preparing the trustees, report and the financial statements in accordan with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity for that period. In preparing these financial statements, the trustees are required to: select suitable accounting policies and then apply them consistently. observe the methods and principles in the Charities SORP (FRS102)' make judgements and accounting estimates that are reasonable and prudent; state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements. prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable group will continue in operation. The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011 and the provisions of the Trust Deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. y order of the trustees Mr David Walker (Chairman) Date: 12 June 2026
Page 6 CHESTER PAROCHIAL RELIEF IN NEED CHARITY INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHESTER PAROCHIAL RELIEF IN NEED CHARITY YEAR ENDED 8 NOVEMBER 2026 I report to the trustees on my examination of the financial statements of Chester Parochial Relief In Need (the charity) for the year ended 8 November 2025. Responsibilities and basis of report As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act). I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. Independent examiner's statement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act. or the financial statements do not accord with those records. or the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. Stephanie Baker BA(Hons) ACA Xeinadin North West Limited First Floor The Foundation Herons Way Chester Business Park Chester CH4 9GB Date: 12 June 2026
Page 7 CHESTER PAROCHIAL RELIEF IN NEED CHARITY STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 8 NOVEMBER 2026 Bible Income Fund Perm Endow 2026 Total 2024 Total Fund INCOME Charitable activities (Note 2) (Note 3) (Note 4) 22,900 22,900 2,500 8,380 13,700 28,217 7,253 100 Other trading activities Investments Other income 2,500 1,869 6,511 TOTAL INCOME 2,500 24,769 6,511 33,780 49,270 EXPENDITURE Charitable activities (Note 5) (38,854) (1,615) (40,469) (27,996) TOTAL EXPENDITURE (38,854) (1,615) (40,469) (27,996) NET FUNDS BEFORE TRANSFER 2,500 (14,084) 4,895 (6,689) 21,274 Gains/(losses) on investments: On disposal On revaluation (Note 7) (Note 7) 30 30 9,158 9,188 20 370 8,787 8,817 14,287 14,307 370 Net transfer between funds (2,500) 6,934 (4,434) NET MOVEMENT IN FUNDS (6,731) 9,279 2,499 35,581 Balance at 9 November 2024 107,207 178,438 285,646 250,065 Balance at 8 November 2025 100,427 187,717 288,144 285,646
Page 8 CHESTER PAROCHIAL RELIEF IN NEED CHARITY BAIANCE SHEET YEAR ENDED 8 NOVEMBER 2025 2025 2024 FIXED ASSETS (Note 7) INVESTMENTS- PERMANENT ENDOWMENT Investment Assets with Rathbones at valuation 186,654 178,438 INVESTMENTS- ACCUMULATED INCOME Investment Assets with Rathbones at valuation 8,443 8,073 195,097 186,511 CURRENT ASSETS Cash at CCLA Cash at Rathbones- Permanent Endowment Cash at Rathbones- Accumulated Income Cash at Bank 57,082 1,064 193 34,708 7,082 228 40 89,002 93,047 99,134 TOTAL NET ASSETS 288,144 285,646 FUNDS (Note 8) Permanent Endowment Fund Accumulated Income Fund 186,654 101,490 178,438 107,207 288,144 285,646 Approved by the Trustees on 12 June 2026 Signed on its behalf by: Mr David Walker (Chairman)
Page 9 CHESTER PAROCHIAL RELIEF IN NEED CHARITY NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 8 NOVEMBER 2026 1. Accounting pollcles a) Charity Information Chester Parochial Relief in Need is a charitable trust registered with the Charity Commission in England and Wales. The registered number is 1001314 and the registered off is The Parish Office, St Peters Church, Watergate Street, Chester, CH12LA. b) Basis of preparatlon The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011, FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland" ('FRS 102") and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practi applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows. The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practi for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention, except the investments which are included at market value. The principal accounting policies adopted are set out below. c) Going concern At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. d) Charitable funds Unrestricted funds are available for use at the discretion of the trustees in furtheran of their charitable objectives. Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity. e) Income Grants and donations are recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability. Investment income is recognised on a received basis.
Page 10 CHESTER PAROCHIAL RELIEF IN NEED CHARITY NOTES TO THE FINANCIAL STATEMENT8 YEAR ENDED 8 NOVEMBER 2026 1. Accounting policies (continued) fj Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third paty, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. The charity has taken exemption from disclosing the names of grant recipients and their amounts as permitted under the charity SORP section 16.25. g) Fixed asset investments Investments are stated at market value at the balance sheet date. The statement of financial activities includes the net gains and losses arising on revaluation and disposals throughout the year. h) Cash at bank Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the account. i) Financial instruments The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes paty to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted. 2. Charitable activities Unrestricted funds 2026 Total Total 2026 2024 Grant received 22,900 22,900 13,700 22,900 22,900 13,700 The above grants were received from The Henry Smith Charity in 2025 and The John Holford Charity in 2024. All income from charitable activities in 2025 were unrestricted.
Page 11 CHESTER PAROCHIAL RELIEF IN NEED CHARITY NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 8 NOVEMBER 2026 3. Other trading activitles Restricted funds 2026 Total Tot21 2025 2024 Rent received 2,500 2,500 28,217 2,500 2,500 28,217 All income from other trading activities in 2024 was restricted. 4. Investments Unrestricted Endowment funds funds 2026 2026 Total Total 2026 2024 Dividends from listed investments 1,869 6,511 8,380 7,252 1,869 6,511 8,380 7,252 In the comparative period dividends from listed investments totalled £8,380 of which £1,869 was unrestricted and £6,511 was endowed. 5. Charitable Expenditure Income Fund Permanent Endowment 2026 Total 2024 Total Direct costs Grants awarded 14,721 14,721 11,351 Support costs Legal & professional fees Insurances Clerks fees Trustee expenses Advertising Room hire Independent examiners fees Investment management fees Charity 10,148 4,826 4,900 600 29 250 2,700 74 605 10,148 4,826 4,900 600 29 250 2,700 1,690 605 40,469 2,843 10,500 182 299 113 1,020 1,687 1,615 38,854 1,615 27,996
Page 12 CHESTER PAROCHIAL RELIEF IN NEED CHARITY NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 8 NOVEMBER 2026 S. Charitable Expenditure (continued) Bible Fund Income Fund Permanent Endowment 2024 Total Direct costs Grants awarded 11,351 11,351 Support costs Insurances Clerks fees Independent examiners fees Investment management fees Trustee expenses Advertising Room hire 2,017 826 10,500 1,020 2,843 10,500 1,020 1,613 74 1,687 182 299 113 27,996 182 299 113 24,365 2,017 1,613 During the year grants were awarded to individuals and organisations who rely on the charity for household essentials & educational supplies with £2,437 being used for shopping vouchers, £5,000 for household appliances & £6,200 for household furniture. £885 was also awarded in the form of book donations to nearby schools. 6. Trustees During the year, no trustee received any remuneration or other benefits from the charity besides trustee expenses which totalled £600 (2024: £182). 7. Fixed Asset Investments 2025 2024 Movement in fixed asset investments Market value brought foNard at 9 November Surplus/(Deficit) on revaluation Disposals 186,511 9,188 (602) 174,513 14,306 (2,308) Market value as at 8 November 195,097 186,511 If the investments were stated at historical cost. The value at 8 November 2025 would be £195,097 (2024: £187,189).
Page 13 CHESTER PAROCHIAL RELIEF IN NEED CHARITY NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 8 NOVEMBER 2026 8. Statement of funds Asat 9 Nov 2024 Other Movements Asat 8 Nov 2026 Income Expenditure Bible fund Income fund Permanent endowment 2,500 24,769 6,511 (2,500) 7,304 4,387 107,208 178,438 (38,854) (1,615) 100,427 187,717 285,646 33,780 (40,469) 9,187 288,144 Asat 9 Nov 2023 Other Movements Asat Income Expenditure 8 Nov 2024 Bible fund Income fund Permanent endowment 28,217 14,459 6,594 (2,017) (24,364) (1,613) (26,200) 34,124 6,383 82,990 167,075 107,208 178,438 250,065 49,270 (27,994) 14,307 285,646 9. Analysis of funds At 8 November 2026 At 8 November 2024 Income Permanent Total Fund Endowment Funds Income Permanent Fund Endowment Total Funds Fixed asset investments 8,443 91,984 186,654 195,097 1,063 93,047 8,073 99,135 178,438 186,511 99,135 Current assets 100,427 187,717 288,144 107,208 178,438 285,646