REGISTERED CHARITY NUMBER: 1126950
Report ol the Trustees and
Unaudited Financial Statements for the Year Ended 31 December 2025
for
THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF SOUTHAMPTON
CITY CENTRE
Maven A¢¢ountanls Limited
PO Box 1882
Southampton
Hampshire
S015 9JZ

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF SOUTHAMPTON
CITY CENTRE
Contents of the Financial Statements
for the Year Ended 31 December 2025
Page
Reference 2nd Administrative Details
Report ofthe TN$tee$
3 to 10
Independent Examiner's Report
11 10 12
Statement of Financial Activities
13 10 14
Statement of Financial Position
15 to 16
Notes to the Financial Statements
17 to 32
Detailed Statement of Fin8neial Activities
33 to 34

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF SOUTHAMPTON
CITY CENTRE
Reference and Administrative Details
for the Year Ended 31 December 2025
TRUSTEES
E Du Crtsz
B Thomas
R Pawsey
G Snell
C E Delve Churchwarden
S Hargreaves
J Ah-chuen
E Bradley (resigned 10.5.25}
J Pugh- Smith
D Mathew (resigned 10.5.251
T Bird
P Holt
A Matwa53 (resigned 10.5.25)
E Harvey {resigned 10.5.251
Z Kundishora
H Catto (appointed 11.5.251
N Selim lappoinled 10.5.25)
C Tsoi (appointed 10.5.251
PCC members Ilrusteesl who have $erved from 1 January 2025 until the date this report wa$ approved are.
Incumbent..
Rev'd Jon Finch Rector App June 2018
Clergy..
Rev'd Jon Finch Rector App June 2018
Rev'd Kaly Horne Associate App June 2024
Rev'd Emily Ball Curate App June 2025
Church Wardeng".
Ms Cather4ne Delve App Apr 2019
Dr Ben Thomas App Oct 2024
Deanery Synod
Representatives..
Ms Gemma Snell App Ocl 2020
Mr Tim Bird App Apr 2023
Miss Emma Du Croz App Apr 2025
Other Elected Memb&rs of the PCC..
Mr Simon Hargreaves Treasurtr App Apr 2023
Mr Jonathan A￿ChUern App Nov 2023
Mi Jonathan Pugh-smith Pop Apr 2023
Mr Tim 8ird App Apr 2023
Ms Rachel Pawsey App O¢1 2020
Mr Peter Holl App Api 2023
Miss Emma Du Croz App Nov 2023
Mr Zed Kundishora App Apr 2024
Miss Holly Catto App Apr 2025
Mrs Naomi Selim App Apr 2025
Mr Chris Tsoi App Apr 2025
Page 1

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF SOUTHAMPTON
CITY CENTRE
Reference and Adminislralive Details
for the Year Ended 31 December 2025
Se¢relary.' Mrs Rathel Ram8d8n App Sept 2025
Members stepped down.
M15 Elizabeth Bradley Member App Nov 2023 End Apr 2025
Miss Deborah Mathew Member App Apr 2023 End Jun 2025
Mr8 Angela Matwasa MemberApp Api 2022 End Api 2025
Mrs Emily Harvey Member App Jun 2022 End Apr 2025
Miss Gra¢e Pearson PCC secretary App Nov 2023 End Sept 2025
PRINCIPAL ADDRESS
St Barnabas Church
Lodge Road
Southampton
S014 GRF
REGISTERED CHARITY
NUMBER
1126950
INDEPENDENT EXAMINER
M8ven Accountants Limited
PO Box 1882
Southampton
Hampshire
S015 9JZ
Page 2

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF SOUTHAMPTON
CITY CENTRE
Report of the Trustees
foi the Year Ended 31 December 2025
The trustees present their report with the financial statements of the charity for the year ended
31 December 2025. The trustees have adopted the provisions of Accounting and Reporting by
Charities.. Slalement of Recommended Practice applicable lo charities preparing their accounts in
accordance with the Financial Reporting Standard 8pplicable in the UK and Republic of Ireland IFRS
1021 leffeclive 1 January 20191.
OBJECTIVES AND ACTIVITIES
Vlslon Statement
Saint Mary's Southampton is a community following Jesus, playing our part in the renewal of
Soulhampton.
We aren't just here to build a church, we are here to transform a City. Church was never meant lo
beconlained in a building. il was meant to flow out and permeate society, uplifting and bringing hope
lo everyone.
We believe that Soulhamplon can be known as a city where people love their neighbour, where
people experience forgiveness and so they forgive, where kindness is rife and generosity common.
Where the young and old are filled with purpose and the rich and poor overflow with compassion.
We believe that in Southampton Jesus is making all things new and we long to see every citizen of
our city marching together with all of the saints singing 'We've found a LOVE that has changed
EVER YTHINGI" Because with Jesus, the best is yet to eomel
Publ1¢ Beneflt Statement
All of our activities are undertaken lo further our charitable purposes for the public benefit. In planning
our activities for the year we have considered the Charity Commission's guidance on public benefit,
including the guidance 'Public Benefit". Running a Charity IP821' and. in particular, the supplementary
guidance on charities for the advancement of religion.
ACHIEVEMENTS AND PERFORMANCE
Fellowship Numbers
There were 225 members on the Electoral Roll on the 9th May 2026. Of these. 15 live in the parish.
Page 3

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF SOUTHAMPTON
CITY CENTRE
Report of the Trustees
for the Year Ended 31 December 2025
ACHIEVEMENTS AND PERFORMANCE
Review of the Year
SAINT MARY'S LODGE ROAD
The initial expectation was that the refurbishment proje¢l al Lodge Road would cost in the region of
£300,000 and would be largely ¢05melic in nature. Since then, the IrLJe extent of the work required on
the building has become clear, and projected costs are now expected to be closer to £1.3 million. This
increase is due to the need to fully rewire the building, replace the heating system, replace the pitched
copper roof, and repair and insulate all flat roofs.
The project will 8150 provide for the installation of a kitchen and café area, refreshed office space, and
the creation of a warm and welcoming environment for Sunday gatherings and midweek activities
such as the Play Café, Meeting Place Clothing Bank, and Collective gatherings.
Followng the expansion in scope of the project, People Architects were appointed in October 2025 to
lead the work. After extensive exploration of roofing and heating options, both planning permission
and DAC approval were sought al the beginning of this year. We are currently awaiting the outcome
and remain hopeful of a positive decision.
We have been fortunate lo receive more than £800,000 in funding lo dale through the Church
Commissioners and individual donations. We will now seek lo raise the remaining £500,000 through
grant applications and congregational giving.
SUNDAYS & WORSHIP
In 2025, Revd Jon Finch took a we114eserved sabbatical during the summer and returned in
September 2025.
Attendance increased across all services during the year, particularly from September onwards, when
the arrival of new students led to the 6pm Chapel Road gathering regulatly welcoming more than 200
adults.
The 10.30am gathering has continued to grow as a place of welcome for families, and Saints Kids has
expanded lo accommodate additional age groups through ag&specific leaching and worship. Worship
for Everyone now takes place bNice each term, bringing all generations together lo worship and
practi5e what it means to be the church family.
The 9.15am Eucharist regularly has more than 20 people worshipping and continues lo reflect a broad
range of ages and backgrounds.
The 11am Lodge Road gathering has welcomed many new faces, with regular Sunday attendan¢e
ranging between 50 and 80 adults and children.
International lunches, welcome drinks, and 6pm socials have provided many opportunities for people
to gather together, build relationships, and strengthen community life across the church.
Page 4

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF SOUTHAMPTON
CITY CENTRE
Report of the Trustees
for the Year Ended 31 0e¢ember 2025
ACHIEVEMENTS AND PERFORMANCE
ALPHA
For the first time, Alpha was run across both church siles during the September term. This enabled
greater accessibility for those living nearer to each location and provided an encouraging indication of
the future potential for growth in the course.
In several cases, translated versions of the Alph8 course videos were used for guests whose first
language was not English. This worked really well and was supported by volunteers who were keen lo
assist with translation during group discussions.
PRISON MINISTRY
Led by Emily Ball and Ordinand Geoff Morris, the prison ministry team continues lo grow, with Alpha
running each term and new volunteers regularly joining the team. Emily continues lo work closely with
the safeguarding team to support prison leavers in integrating into the wider communrty.
LOVE YOUR NEIGHBOUR
In January 2025, the Meeting Place and Clothing Bank at Lodge Road was launched, offering a
community café alongside a referral-based elothing provision.
Now operating Meeting Places al both church siles, the Love Your Neighbour volLJnteer team has
done an oulslanding job serving the local community. Our partnership with Southampton City Mission
has been invaluable in enabling both food and clothing provision, and we are extremely grateful for
their ongoing support.
We are also very thankful for partnerships with NHS social prescribers, CLEAR Project. NHS Talking
Therapies, Denlaid, Society of St James, and many others who allend each week to provide additional
support and 5eNices through the Meeting Places.
During 2025, three Community Banquets were held, with members of the Meeting Place community
volunteering to cook and seNe. Al Christmas, more than 1,600 parcels were delivered across the city
through Love Christmas, each including an invitation to the Christmas Banquet. More than 250 people
attended, and the church was full.
In May, we celebrated Saints in the City Day with projects taking pla￿ aeross Southampton and more
than 150 volunteers involved. In 2028, this initiative will be reimagined as Love Your Neighbour Month,
with the hope of reaching and impacting even more people through volunleer-led projects acr055 the
city.
SAINTS KIDS
Sundays 81 Chapel Road have continued to be busy and encouraging for the Saints Kids team, with
between 60 and 80 children attending most weeks. Thanks lo the commitment and faithfulness of the
volunteer team, it has been possible to offer a wider range of groups tailored to different age groups.
Page 5

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF SOUTHAMPTON
CITY CENTRE
Report of the Trustees
for the Year Ended 31 December 2025
ACHIEVEMENTS AND PERFORMANCE
At Lodge Road, the children's ministry remains smaller in number, but there is a committed group of
families who attend regularly and have built strong relationships and a supportive community together.
The Play Café, which launched at Lodge Road in De¢ember 2024, now regularly welcornes more than
15 children and their caregivers each week. The calm and welcoming environment provides Spa￿ for
¢aregivers and young ¢hildren lo build friendships. enjoy community, and explore Bible stories
together. This has enabled connections with many local parents and caregivers who had not
previously been connected lo church life.
SAINTS YOUTH
11 has been an exciting year of growth and development for Saints Youth. Both the younger and older
Sunday youth gatherings have more than doubled in size over the past year, with increasing numbers
of young people engaging regularly in worship, teaching. and community life.
In September 2025, Saints Youth relaunched a Friday night Youth Club which was open to all young
people and promoted through local s¢hools and college5. The evenings have created a fun
environment for young people lo gather, build friendships, enjoy activities together. and explore the
faith through Bible teaching and discussion.
Building on this momentum, Bridge the Gap Youth launched in January 2026 alongside the Friday
night programme. This new initiative has already seen more than 20 unchur¢hed young people
attending each week, creating valuable opportunities for relalionshipbuilding, discipleship. and
conversations about Jesus in an accessible and welcoming envirtsnmenl.
SAINTS COLLECTIVE Isludenls and young adults)
September 2025 saw a significant influx of students and young adults, resulting in a sustained
increase in attendance at the 6pm gathering, which has regularly exceeded 200 adults since that lime.
The Collective evenings continue monthly at Lodge Road, providing space for students and young
adults to build community, worship together, and grow in faith. In November 2025, over 160 students
and young adults attended a weekend away, which included lime for games, leaching from a rangè of
speakers, extended worship and deepening spiritual fomiation.
In May 2025, the Colledive Ball was held, bringing together students and young adults for an evening
of dinner, live music, and a farewell celebration for those in their final year. An auction of promises
during the evening raised over £2,500. which will be invested back into the Collective ministry.
Page 6

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF SOUTHAMPTON
CITY CENTRE
Report of the Trustees
for the Year Ended 31 De￿mber 2025
ACHIEVEMENTS AND PERFORMANCE
FOCUS
In July, over 200 people travelled to Newark to take part in Focu5, together with the congregation from
Lord's Hill Church, who camped alongside us. This was a significant moment of shared life and unity,
providing a rich opportunity lo connect more deeply with the wider HTB network and to strengthen
relationships across our church communities. The week together included worship, teaching, shared
meals, and plenty of lime for fellowship, fun, and community life, helping to root and refresh those who
allended.
A key theme running through Focus was the en¢ouragemenl to "use what we have
drawing on 2
Kings 4..2. Out of this growing sense of identity and commitment, two new volunleer-led streams have
emerged.. a men's ministry and a women's ministry. Both are still in their early stages bul are already
creating space for discipleship, and pastoral support. These groups are helping to foster stronger
community, encouraging faith to be lived out in practical ways, and providing new opportunities for
people to serve, grow, and belong within church life.
STAFFING CHANGES
In 2025 we saw the departure of Grace Pearson and Sophie Fanner, both of whom had served
faithfully on the staff team for over three years. Vve also said farewell to Gao Rakale, who returned to
South Africa after her lime supporting the Colleelive ministry.
During the year, Abielle Inegebenebho was ordained as a Curate, and we were delighted to
commission her into her new role al Lord's Hill Church in June.
We are deeply grateful for their contribution and the significant rtsle they played in the life and ministry
of the ¢hureh during their time with us.
We are pleased lo welcome Derryn Robinson into the role of Love Your Neighbour Coordinator and
Naomi Thelen joined the team as Church Lile and Sundays Lead.
The growth of the ministries of the church have only been possible because of the dedication, energy,
and generosity of the volunteer team, who continue lo invest fa((hfully in the lrfe of the church across
both sites.
FINANCIAL REVIEW
Flnancial position
Saint Mary's continues lo operate, for the time being, under the charity name The Parochial Church
Council of the Ecclesiastical Parish of Southampton City Centre and this has assisted in making gift
aid claims under the pr&exisling accounts.
Page 7

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF SOUTHAMPTON
CITY CENTRE
Report of the Trustees
for the Year Ended 31 December 2025
FINANCIAL REVIEW
Principal funding sources
Grants
Saint Mary's received 7 grants to support the chureh's work13 of which went towards Love Chrislmasl.
In addition Saint Mary's received SMMIB funding from the Church Commissioners to go towards the
Lodge Road building and staff costs.
Giving
In 2025 the planned giving was £416,901 lexcluding gift aid). In addition to this, we have various
generous one off donations. The planned giving average has remained consistent throughout the
year.
Income
The overall income in 2025 was £846,420 with expenditure of £813,196.
Investment policy and obje¢tives
The PCC hold5 those funds which are not in the Nalwest current account with the Central Board of
Finance of the Church of England ICBFI. There are some long-lerm investments held in the form of
CBF share investment accounts.
Other investments and deposits as we continue to hold relate solely to restricted funds, including
specific deposit accounts.
Reserves pollcy and Golng Concern
It is the PCC'S policy to maintain unrestricted and designated fund5 al a level that will enable the PCC
to cover its ongoing direct charitable expenditure and its management and adminislralion costs. This
should be at least three months, running costs. In 2025, the average monthly expenditure was
£42,000., thus, the reserves should be al least £126,000. The trustees are of the view that the PCC is
a going concern.
Page 8

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF SOUTHAMPTON
CITY CENTRE
Report of the Trustees
for the Year Ended 310ecember 2025
FUTURE PLANS
2025 has had an encouraging start with ministries at Lodge Road launching and the missional
opportunities of the building and local area becoming more visible.
LODGE ROAD
Plans for the refurbishment continue, focusing on raising funds for the project and appointing the right
professionals to drive the project forward. Some intermediary work will need lo be undertaken lo repair
areas of the flat roof, and rewire the electrics, to ensure the building continues to be safe lo operate in.
STAFFING
In 2025 Emily Lury, Saints Kids, Families and Community Lead, will go on malemity leave and her
maternity cover replacement has recently been appointed.
Abielle Inegbenebho ha5 been an ordinand al Saint Mary's for the past 4 years and will be moving on
to pursue her euracy at Lords Hill Church with Rev. Tom Boulter.
As a result the role of Youth & Community Lead will be vacant from the end of May and her
replacement has recently been appointed.
Emily Stewart has also been an ordinand at Saint Mary's for the past 3 years and she will continue her
curacy with Saint Mary's, moving into a full time role and remaining as Service Leader of Lodge Road.
MINISTRIES
The Meeting Place Lodge Road has been very encouraging, especially seeing local organisations and
support workers inleracling with the sp8ce. The doors are open lo the local community and this has
already begun lo result in friendships being formed, people asking for prayer, and a desire to engage
with the wider activitie5 of the church.
In April 2025 Saint Mary's took on the Eden Chaplaincy, after partnering with City Life church to see
the ministry flourish. Eden is a non judgemenlal chaplaincy service operating within strip clubs in
Southampton. The vision is lo see a chaplaincy in every club in every major city in the UK.
STRUCTURE. GOVERNANCE AND MANAGEMENT
Governlng document
The charity is controlled by its governing document, a deed of trust and Constitutes an unincorporated
charity.
The Parochial Church Council of the Ecclesi85tical Parish of Southampton City Centre is a registered
charity number 1126950.
Recruitment and appointment of new trustees
Members of the PCC are either ex-officio or elected al the Annual Parochial Church Meeting (APCMI
in accordance with the Church Represen121ion Rules. Elected members serve for three years and
approximately one third are elected each year, ensuring an appropriate element of continuity.
Page 9

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF SOUTHAMPTON
CITY CENTRE
Report of the Trustees
for the Year Ended 31 De￿mber 2025
STRUCTURE. GOVERNANCE AND MANAGEMENT
Organlsatlonal structutè
The PCC of the Ecclesiastical Parish of Southampton City Centre has the responsibillty of co
operating with the Team Ministry in promoting in the ecdesiastical parish the whole mission of the
Church, pastoral, evangelistic, social and ecumenical. 11 also has maintenance responsibilities for
Saint Mary's and the Parish Office (135 Sl Mary Street). The PCC has one su￿¢0Mmittees. a
Standing Committee as required by law, with powers lo transact business betsveen PCC meetings.
Subject to the direction of the PCC.
Induction and training of new trustees
New members are briefed by existing members as appropriate and from time lo lime the PCC holds
an away day to review its work and discuss future plans.
Rlsk management
The PCC was registered as a charity on 26 November 2008. As such no work on risk management
has been undertaken. However, the major risks lo which the charity is exposed will be identified by
the trustees and will be reviewed and systems or procedures established to manage those risks.
Z?76
Approved by order of the board of trustees on
by..
and signed on its behalf
C E Delve- Trustee
Page 10

Independent Examiner's Report lo the Trustees of
The Parochial Church Council of the
Ecclesiastical Parish of Southampton
City Centre
Independent examiner's report to the trustees of The Parochlal Church Councll of the
Ecclesiastical Parish of Southampton City Centre
I report to the charity trustees on my examination of the accounts of The Parochial Church Council of
the Ecclesiastical Parish of Soulhamplon City Centre Ilhe Trust) for the year ended
31 December 2025.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in
accordance with the requirements of the Charities Act 2011 I'the Act'l.
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the A
and in earrying out my examination I have followed all applicable Directions given by the Charity
Commission under Section 145(5llbl of the Act.
Independent examlner's statement - matters of concern identlfled
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed
body. I can confirm that l am qualified lo undertake the examination because l am a member of the
Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination.
I have completed my examination and have concerns that an adjustment was required pertaining to a
prior year adjustment the nature of this has been disclosed in the notes of the financial statements. I
am conlenl that the charity has pul in place sufficient financial control lo prevent this omission going
forward and as such the independent examiner statement detailed above remains valued.
I confirm that no other matters have come to my attention that give me cause lo believe that in any
material respect..
a¢¢ounting records were not kept in respect of the Trust as required by Section 130 of the Act.,
or
the accounts do not a¢cord with those records., or
the accounts do not comply with the applicable requirements conceming the form and Content
of accounts sel 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.
I confirm that there are no other matters to which your attention should be drawn to enable a proper
understanding of the accounts lo be reached.
Page 11

Independent Examiner's Report lo the Trustees of
The Paroehi81 Church Council of the
Ecclesiastical Parish of Southampton
City Centre
The following area of weakness was idenlified'.-
Services rendered by any trustee musl be approved by the PCC board prior to taking place.
Maven Accountants Limited
The Institute of Chartered Accountants in England and Wales
Maven Accountants Limited
PO Box 1882
Soulhamplon
Hampshire
S015 9JZ
Date..
Page 12

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF SOUTHAMPTON
CITY CENTRE
Slalement of Financial Aelivilies
for the Year Ended 31 December 2025
31.12.25
Total
funds
31.12.24
Total
funds
as restated
Unrestricted Reslricled Endowment
funds
funds
fund
Notes
INCOME AND
ENDOWMENTS FROM
Donations and legacies
606,699
176,695
783,394
739,123
Charitable activities
Fees for Weddings &
Funerals
Church Activities
9,296
22,104
9,296
22,104
3,718
21,170
Other trading activities
Investment income
18,511
13,114
18.511
13,114
22,131
115,931
Total
669,724
176,695
846,419
902,073
EXPENDITURE ON
Charitable activities
Fees for Weddings &
Funerals
Church Activities
1,593
749.706
656.198
156,998
813,196
Total
656,198
156,998
813,196
751.299
Net gainslllossesl on
investments
1201
19641
{984}
551
NET
INCOMEIIEXPENDITURE)
13,526
19,677
1964)
32,239
151,325
RECONCILIATION OF
FUNDS
Total funds brought
forward
A5 previously reported
Prior year adjustment
137,791
74,786
211,973
24,123
373,887
74,786
297,348
11
As restated
212,577
211,973
24,123
448,673
297,348
The notes form part of these financial statements
Page 13

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF SOUTHAMPTON
CITY CENTRE
Statement of Financial Activities
for the Year Ended 31 December 2025
31.12.25
Total
funds
31.12.24
Total
funds
as reslaled
Unrestricted Restricted Endowment
fund5
funds
fund
Notes
TOTAL FUNDS CARRIED
FORWARD
226,103
231,650
23,159
480,912
448,673
The notes form part of these financial statements
Page 14

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF SOUTHAMPTON
CITY CENTRE
Statement of Financial Position
31 December 2025
31.12.25
Total
f￿ndS
31.12.24
Total
funds
as reslaled
Unrestricted Restricted Endowment
funds
fund5
fund
Notes
FIXED ASSETS
Tangible assets
Investments
13
14
95,164
95,164
23,646
119,477
24.632
488
23,158
95,164
488
23,158
118,810
144,109
CURRENT ASSETS
Debtors.. amounts falling
due within one year
Cash al bank
15
56.970
99,501
56,970
330,662
25,318
296,524
231,161
156,471
231,161
387,632
321,842
CREDITORS
Amounts falling due within
one year
16
125,532}
125,530)
117,278}
NET CURRENT ASSETS
130,939
231,162
362,102
304,564
TOTAL ASSETS LESS
CURRENT LIABILITIES
226.103
231,650
23,159
480,912
448,673
NET ASSETS
226,103
231,650
23,159
480,912
448,673
The notes form part of these financial slalements
Page 15
continued...

THE PAROCHIAL CHURCH COUNCIL OF fHE
ECCLESIASTICAL PARISH OF SOUTHAhnPTON
CITY CENTRE
Statement of Financial Position - continued
31 December 2025
FUNDS
Unrestrieled funds
Reslricled funds
Endowment funds
18
226,103
231,650
23,159
212,577
211,973
24,123
TOTAL FUNDS
480,912
448,673
The financial slalement
were approved by the Board of Trustees and authorised for issue on
and were signed on ils behalf by..
B Thomas- Trustee
C E Delve - Trustee
The notes form part of these financial statements
Page 16

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF SOUTHAMPTON
CITY CENTRE
Notes lo the Financial Slalements
for the Year Ended 31 De￿mber 2025
ACCOUNTING POLICIES
Basis of preparing the financfjal statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have
been prepared in accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by
Charities.. Slalemenl of Recommended Practice applicable lo charities preparing their accounts
in a¢¢ordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland IFRS 1021 leffeclive 1 January 20191,, Financial Reporting Standard 102 'The Financial
Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011.
The financial statements have been prepared under the historical cost convention, with the
exception of investments which are inclLJded 81 market value.
Financial reportlng standard 102 - redu¢ed disclosure exemptions
The charity has taken advantage of the following disclosure exemption in preparing these
financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in
the UK and Republic of Ireland,:
the requirements of Seclion 7 Slalemenl of Cash Flows.
Income
All income is recognised in the Slalement of Financial Activities once the charity has entitlement
lo the funds, It is probable that the Income will be received and the amount can be measured
reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation
committing the charity lo that expenditure, it is probable that a transfer of e¢onomi¢ benefits will
be required in selllement and the amount of the obligation can be measured reliably.
Expenditure is accounted for on an accruals basis and has been classified under headings that
aggregate all cost related to the category. Where costs cannot be directly attributed to particular
headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order lo write off each asset over ils
estimated useful life.
Moveable church furnishings - 10 years straight line
Other fixtures, fittings, office equipment & Consumables - 4 years straight line
Taxation
The charity is exempl from lax on ils charitable activities.
Fund accounting
Unreslricled funds can be used in accordance with the charitable objectives at the discretion of
the trustees.
Page 17
continued...

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF SOUTHAMPTON
CITY CENTRE
Notes to the Financial Slalements - continued
for the Year Ended 31 December 2025
ACCOUNTING POLICIES - eontlnued
und accounting
Reslricled funds can only be used for particular reslricled purposes within the objects of the
charity. Restrictions arise when specified by the donor or when funds are raised for particular
restricted purposes.
Further explanation of the nature and purpose of ea¢h fund is induded in the notes to the
financial statements.
DONATIONS AND LEGACIES
31.12.25
31.12.24
as
restated
Donatitsns
Gift aid
Grants
568,086
72,972
142,336
507,274
65,463
166,386
783,394
739,123
Grants received, included in the above, are as follows..
31.12.25
31.12.24
as
restated
Lodge Road Staffing Grant
Church Revitalisalion Trust
Other Grants
WDBF DIP Fund
Lodge Road Launch Grant
46,800
40,883
4,702
49,951
25,798
28,787
9,500
25,165
77,136
142,336
166,386
Page 18
eonlinued...

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF SOUTHAMPTON
CITY CENTRE
Notes lo the Financial Statements - continued
for the Year Ended 31 December 2025
OTHER TRADING AcllviTIES
31.12.25
31.12.24
as
restated
Sales of goods & services
Other trading income
18,511
22,130
18,511
22.131
INVESTMENT INCOME
31.12.25
31.12.24
as
restated
Rents received
Deposit account interest
Curr asset inv income
Exceptional items
12,387
43
684
12,249
97
661
102.924
13,114
115,931
INCOME FROM CHARITABLE ACTIVITIES
31.12.25
31.12.24
as
restated
Activity
Fees for Weddings &
Funerals
Fees for Weddings &
Funerals
Church Activities
Fees for Weddings & Funerals
9,296
3,718
Church Activities
Church Aelivities
14451
22,549
21,170
31,400
24,888
Page 19
continued...

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF SOUTHAMPTON
CITY CENTRE
Notes to the Financial Statements - continued
for the Year Ended 31 December 2025
CHARITABLE ACTIVITIES COSTS
Support
C051s (see
note 71
Direct
Costs
Totals
Church Activities
812,186
1,030
813,196
SUPPORT COSTS
Governane
costs
Church Activities
1,030
TRUSTEES. REMUNERATION AND BENEFITS
During the year the charity made the following transactions with trustees..
Emma Du Croz
During the year Emma received remuneration of £36,936 12024.. £35,690) and employer
pension contributions of £915 {2024." £8841 for her role as Operations director. Emma was not
paid any ren7uneralion for her role as a trustee.
Trustees. expense$
During the year the charity made the following transactions with trustees..
Holly Calto
During the year amounts lotalling £120 were paid to Holly in relation lo car parking steward
services.
Peter Holt
During the year amounts lotalling £100 were paid to Peter in relation to car parking stew8rd
services
Pa9e 20
continued...

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF SOUTHAMPTON
CITY CENTRE
Notes to the Financial Statements - continued
for the Yeai Ended 31 December 2025
STAFF COSTS
Staff costs during the year were..
Wages and Salaries £283,52812024 '. £237,234}.
No employee received emoluments of more than £60,000 during the year.
10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Endowment
funds
funds
fund
Total
funds
a5 restated
INCOME AND ENDOWMENTS FROM
Donations and legacies
491,497
247,626
739,123
Charltable activities
Fees for Weddings & Funerals
Chur¢h Activities
3,718
18,524
3,718
21.170
2,646
Other trading activities
Investment income
22,131
115,931
22,131
115,931
Total
651,801
250,272
902,073
EXPENDITURE ON
Charitable activities
Fees for Weddings & Funerals
Church Activities
1,593
667,651
1,593
749,706
82,055
Total
669,244
82,055
751,299
Net gains on investments
540
551
NET INCOMEIIEXPENDITUREI
117,4431
168,228
540
151,325
RECONCILIATION OF FUNDS
Total funds brought forward
230,020
43,745
23,583
297,348
TOTAL FUNDS CARRIED FORWARD
212,577
211,973
24,123
448,673
Page 21
continued...

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF SOUTHAMPTON
CITY CENTRE
Notes lo the Financial Slalemenls- continued
for the Year Ended 31 December 2025
11. PRIOR YEAR ADJUSTMENT
The pi'ior year adjustment relates to the correction of an gmitted bank account. The amount of
the correction is £74,786, this impacts 'lncome from Donations & Legacies with the
corresponding amount being included in "Cash al Bank" within the 2024 reslaled figures. The
2024 account$ are the earliest prior period presented in respect of this matter.
12. EXCEPTIONAL ITEMS
The exceptional item in the comparative year relates to WDBF writing off the diocese loarn in
consideration for the handing back of the parish office which has now relocated to Sl Mary's
Street. This one-off exceptional item had no effect on the cash-flow of the church save for the
repayment of the loan. The exceptional £102,924 is reflecting as an incoming resource bul it is
a capital wrile-off and should not be relied upon as a resource or cash-flow of the church
13. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
Motor
vehicles
Totals
COST
Al 1 January 2025 and
31 December 2025
227,139
7,995
235,134
DEPRECIATION
At 1 January 2025
Charge for year
110,860
22,714
4,797
1,599
115,657
24,313
Al 31 December 2025
133,574
6,396
139,970
NET BOOK VALUE
At 31 December 2025
93,565
1,599
95,164
At 31 December 2024
116,279
3,198
119,477
Page 22
continued...

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PAFiISH OF SOUTHAMPTON
CITY CENTRE
Notes lo the Financial Statements- continued
for the Year Ended 31 December 2025
14. FIXED ASSET INVESTMENTS
31.12.25
31.12.24
restated
Other
23,646
24,632
There were no investment assets outside the UK.
Investments (neither listed nor unlisledl were as follows..
31.12.25
31.12.24
as
restated
other investments
23,646
24,832
CBF Investment Funds
15. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.25
31.12.24
as
restated
Other debtors
56,970
25,318
Page 23
continued.

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF SOUTHAMPTON
CITY CENTRE
Notes to the Financial Slalements - continued
for the Year Ended 31 December 2025
16. CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.25
31.12.24
as
reslaled
Bank loans and overdrafts (see note 17)
Taxation and social security
Other creditors
3,198
4,208
21,322
14,080
25,530
17,278
17. LOANS
An analysis of the maturity of loans is given below..
31.12.25
31.12.24
as
restated
Amounts fallin9 due within one year on demand..
Bank overdrafts
3,198
Page 24
continLJed...

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF SOUTHAMPTON
CITY CENTRE
Notes lo the Fir)ancial Slalements - continued
for the Year Ended 31 December 2025
18. MOVEMENT IN FUNDS
Prior
year
adjustment
Net
movement
in funds
Al
31.12.25
At 1.1.25
Unrestricted funds
General fund
Designated - Support Fund
Designated - Diocesan Staff Fund
131.787
4,167
1,837
74,786
13,526
220,099
4,167
1,837
137,791
74,786
13,526
22S,103
Restricted funds
Restricted - Bishops Ordination Fund
Restricted- Love Christmas Fund
Restricted - Bridge The Gap
Restricted - The Mary Sl John
Restricted - Lodge Road Build Fund
278
4,933
3,969
509
202,284
278
21,194
6,326
489
203,363
16,261
2,357
1201
1,079
211,973
19,677
231,650
Endowment funds
Endowment- The Russell Benecraft
Legacy
24,123
1964)
23,159
TOTAL FUNDS
373,887
74,786
32,239
480,912
Page 25
continued...

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF SOUTHAMPTON
CITY CENTRE
Notes to the Financial Statements- continued
for the Year Ended 31 December 2025
18. MOVEMENT IN FUNDS- continued
Nel movement in funds. included in the above are as follows..
Incoming
resources
Resources
expended
Gains and Movement
losses
in funds
Unrestricted funds
General fund
Designated Funds- Eden
663,774
5,950
{650.2481
15,950)
13,526
669,724
1856,198)
13,526
Restricted funds
Reslricled - Love Christmas Fund
Restricted - Bridge The Gap
Restricted - Lodge Road Staffing
Fund
Restricted - The Mary Sl John
Restricted - Lodge Road Build Fund
Restricted - Love Your Neighbour
39,400
5,646
123,139)
{3,289}
16,261
2,357
46,800
146,800)
{201
1201
1,079
50,951
33,898
(49,872)
133,8981
176,695
{156,9981
{201
19,677
Endowment funds
Endowment- The Russell Benecraft
Legacy
(964)
1964)
TOTAL FUNDS
846,419
1813,196)
1984)
32,239
Page 26
continued...

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF SOUTHAMPTON
CITY CENTRE
Notes lo the Financial Slalements - continued
for the Year Ended 31 December 2025
18. MOVEMENT IN FUNDS - ¢ontlnued
Comparatives for movement in funds
Net
movement
in funds
At
31.12.24
At 1.1.24
Unrestrlcted funds
General fund
Designated - Support Fund
Designated - Diocesan Staff Fund
224.231
3,952
1,837
(17,858)
215
206,573
4,167
1,837
230,020
{17,443}
212,577
Restricted funds
Restricted - Bishops Ordination Fund
Restricted - Love Christmas Fund
Restricted - Bridge The Gap
Reslricled - Saints in the City
Reslricled - The Mary Sl John
Reslricled - Lodge Road Build Fund
278
9,438
2,785
4,797
497
25,950
278
4,933
3,969
{4,505}
1,184
14,7971
12
176,334
509
202,284
43,745
168,228
211,973
Endowment funds
Endowment - The Russell Benecraft
Legacy
23,583
540
24,123
TOTAL FUNDS
297,348
151,325
448,673
Page 27
continued...

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF SOUTHAMPTON
CITY CENTRE
Notes lo the Financial Statements - continued
for the Year Ended 31 December 2025
18. MOVEMENT IN FUNDS - continued
Comparative nel movement in funds, included in the above aFe as follows..
Incoming
resources
Resources
expended
Gains and Movement
losses
in funds
Unrestrlcted funds
General fund
Designated- Support Fund
Designated - Lordshill DIP Fund
626,261
375
25.165
{643,919}
{1601
125,1651
{17,6581
215
651,801
1669,2441
117,443}
Restricted funds
Reslricled - Love Christmas Fund
Restricted - Bridge The G8P
Restricted - Lodge Road Staffing
Fund
Restricted- Saints in the City
Reslrieled - The Mary St John
Reslricled - Lodge Road Build Fund
23,561
4,285
{28,066)
13,101)
14,5051
1,184
25,798
19,491
125,798}
124,288)
(4,7971
12
176,334
177,136
18021
250,272
{82,055)
168,228
Endowment funds
Endowment - The Russell Benecraft
Legacy
540
540
TOTAL FUNDS
902,073
1751,2991
551
151,325
Page 28
continued...

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF SOUTHAMPTON
CITY CENTRE
Notes lo the Financial Statements - continued
for the Year Ended 31 December 2025
18. MOVEMENT IN FUNDS - ¢ontlnued
A current year 12 months and prior year 12 months combined position is as follows..
Prior
year
adjuslmenl
Nel
movement
in funds
Al
31.12.25
Al 1.1.24
Unrestricted funds
General fund
Designated - Support Fund
Oesignated - Diocesan Staff Fund
224,231
3,952
1,837
74,786
14,1321
215
294,885
4,167
1,837
230,020
74,786
13,9171
300,889
Restricted funds
Restricted - Bishops Ordination Fund
Reslricled - Love Christmas Fund
Restricted - Bridge The Gap
Restricted - Saints in the City
Restri¢led - The Mary St John
Restricted - Lodge Road Build Fund
278
9,438
2,785
4,797
497
25,950
278
21,194
6,326
11,756
3,541
{4,7971
{81
177,413
489
203,363
43,745
187,905
231.650
Endowment fund5
Endowment- The Russell Benecraft
Legacy
23,583
14241
23,159
TOTAL FUNDS
297,348
74,786
183.564
555,698
Page 29
continued...

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF SOUTHAMPTON
CITY CENTRE
Notes to the Financial Statements- continued
for the Year Ended 31 December 2025
18. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included
in the above are as follows..
Incoming
resources
Resources
expended
Gains and Movement
losses
in funds
Unrestrlcted funds
General fund
Designated- Support Fund
Designated - Lordshill DIP Fund
Designated Funds- Eden
1.290,035 11,294,167)
375
{1601
25,165
125,1651
5,950
{5,9501
14,1321
215
1,321,525 11,325,442)
{3,91n
Restri¢ted fund$
Restricted - Love Christmas Fund
Restricted - Bridge The Gap
Restricted - Lodge Road Staffing
Fund
Reslricled - Saints in the City
Restricted- The Mary Sl John
Reslricled- Lodge Road Build Fund
Restricted - Love Your Neighbour
62,961
9,931
(51,205}
16,390)
11,756
3,541
72.598
19,491
172,5981
124,2881
14,7971
181
177,413
19)
228,087
33,898
{50.674)
(33.898)
426,967
(239,0531
{91
187,905
Endowment funds
Endowment- The Russell Benecraft
Legacy
1424)
{4241
TOTAL FUNDS
1,748,492 11,564.495}
1433}
183,584
Page 30
continued...

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF SOUTHAMPTON
CITY CENTRE
Notes lo the Financial Statements- continued
for the Year Ended 31 December 2025
19. EMPLOYEE BENEFIT OBLIGATIONS
The Charity operates a defined contribution perksion scheme. The pension cost charge for the
year represents contributions payable by the charity to the scheme and amounted lo £5,379
12024'.£3,8741.
20. RELATED PARTY DISCLOSURES
During the year the charity made the following transactions with trustees..
Holly Catlo
During the year amounts tolalling £120 were paid to Holly in relation to car parking steward
services.
Peter Holl
During the year amounts totalling £100 were paid to Peter in relation to car parking steward
services
Frog Consullanls LLP
C Delve is a designated Member of Frog Consultants LLP. During the year services totalling
£1,710 were purchased from the LLP.
21. NATURE & PURPOSE OF EACH FUND
The specrfic purposes for which the funds are to be applied are as follows..
Designated funds..
Diocesan staff fund.. A fund to assist with staff salaries
Facilities apprentice fLJnd". A fund lo facililale the cost of an apprentice
Support fund.. A fund to support people who approach the Church for financial support
Lordshill DIP Fund.. A fund lo support the launch of plant Lordshill church.
Eden Fund - Supports the work of the Eden chaplaincy which offers a Christian chaplaincy
service within strip clubs across the city.
Restricted funds..
The Mary Williams Trust Fund is a small fund for maintenance al Sl Mary's Church
Bishops Ordination Fund is a diocesan fund to 8ssisI ordinands in training
Bridge The Gap is a fund that ereales football communities that connect young adults with
view to developing friendships, leaders and transforming lives
Love Your Neighbour {including Saints in the City) is a fund to enable our social action projects.
Alpha fund is a fund for the city-wide advertising campaign lo promote Alpha
Love Christmas fund is lo run a city-wide project at Christmas, delivering gifts to those in need
Lodge Road build fund is funding received via the Diocese for staffing to develop Lodge Road
Page 31
continued..

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF SOUTHAMPTON
CITY CENTRE
Notes lo the Financial Statements - continued
for the Year Ended 31 December 2025
21. NATURE & PURPOSE OF EACH FUND- continued
Lodge Road - staff fund is funding received via the Dio¢ese for st&ffing lo develop the Lodge
Road community
Endowment fund..
The Russell Benecraft Legacy, with a rnodest capital. The income from this fund is specffied as
being for repairs and maintènance at Sl Mary's church.
Page 32