REGISTERED CHARITY NUMBER: 1127332 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 FOR PCC OF ST FRANCIS BOURNVILLE Pritnp Charter&d Accountants Corner Oak l Hotner Road B913QG
PCC OF ST FRANCIS, BOURNVILLE CONTENTS OF THE FINANCIAL sTATEmEs FOR THE YEAR ENDED 31 DECEMBER 2025 Page Report of th8 Trust•os Independent Ex8miner's Report Statement ot Flnanclal A¢tivitlO$ Balance Sheet Not lo th8 Financial Statements 8 10 18 Delalled Stslgm$nt ot Financial Actlvltles 19 to 21
PCC OF ST FRANCIS, BOURNVILLE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025 Introductlon Bournville Parish Church IBPCI Stands at tha h8art DI the model village built by Gecige Cadbury around the chocolate laciory. The chUh has flourished al the heart ol Img Bournville community lor 100 years, and is otnmitted lo be a welcoming and inclusive spaee lor pgople ol all ages and backgrounds. We seek to listen carefully and be ¥eswnsiv8 to ihe diversity within our local cofflfflunity. Atthè heart ol our lrfe as a worshipping chri5ts.an comtnunity, we conkn.nue to dovelop our focus on hospffality, discpleship and outreaGh. We work osely with the St Francis Youth and Community Cenlre, with other local businesses, schools and groups, and we segk to foster a partnership approach to building social cohesion and spiritual growlh in a variety ol ways. We see ou¥selves as a church for the whole cofflmunity offering carè, attantiveness. cofflpassionate presenc8, and spac8 and opportunily lor the honouring of peoplè's èxperience. Thé PCC is a registered charity (Charity no.. 11273321 and its stated charitablé aim is the provision ol public worship that is open to all. The PCC 6xisls as a governing body to support and enable, with the in¢umbènt. the whole mission ol the Church. Review of 2025 2025 was the hundr¢dth year ol the life and ministy of Bournville Parish Church, rnarked by ¢elebration. creativty and an openness to wond6r hriw we are invited to respond to the invitation of Gcd in the comiNJ years. This is an opportunity lor us to thank those who over th8 years hava prayerfully nurtured and equipped u5 to be a Community ol faith, open to learning from aach other and essentially, froffl our local community. As a Parish church, we hold at our heart a sense Ihat we are church whose focus is the whole comrnunity. What opportunities do WE have to partner with and 5eTVe God in and amor¥Jst our neighbours, and other local churches and grgani5ations? Recognising God's desire that all people 'have life and have it sbundantly. (see John 101, we are drawvn lo a shared VOcan to cherish and nurture the health 8nd wellbeingolour whole community.. spiritualty, physically and mentally. Becaus¢ the IDve ol God is utterly indiscritninatè and limitless, we are cornpelled lo ask tough questions of ourselves and wondei whether Ih9re are any ways in which we as a church do not 8cho the full inclusion ol all ol God'5 people. All our centellaiy ackn'vilies acknowledgèd and highlight in one way or another the opportunities we have as a Christian cornrnunity to care lor the enwronnEnt. In thè autumn we pnted a srnall community orchard in the green spaces arourKI our ¢hur¢h which we pray, flourishes over the years for kjcal p8ople to enjDy. Having c81ébiat8d with us on our Centenary Patronal Festival, Bishop Michael Volland, along wth Arehd&acon Jenny Tornlinso arKI the Diocèsan Mission Support Teaffl, èncourages us to continue the work we hav8 d6vèlop8d throughout the year, Iocv5sing in on our priorities as a missional comrnunity thai bears witness to the love of God in Christ. We continue to explore tho Inviiaiion ol God to deepen our Worshill dèvelop Discyleship pathways and develop our engagement. Mlnistry Taam Thè ministry team at St Francis wel¢omed our new curate. Revd Clare Gladstane in July 2025. We continue tci pray lor her and treasure h8r space for formation and her Ministry alongside us. As a parish, and upon their Completion ol the Growing Gifts programme, we also 'locally authoriseé. the ministrie5 of Al Rodger5, Sally Slevin and Catherine Pinnock In their ongoirKJ ministry to contribute to the leading of worship, We will soon be 'locally authonsing, Deb Jewison lo preach more frequertoy in Bournville having completed a parallel programme. Helen Crisp embarked on a discernmeni journey and has since started training at the Queen's Fn(latiOn wilh a view to being ordained deacon in June 2028. Rachel Fasham, our Youth atKI children's Development Worker, and Helen Crisp and Sabrina Jaques, our CommunrfLy Devèlopment Workers continue to flourish in their respective roles developing èncouraging links with local partners within and beyond Bournville. We ¢onlinue tD bp thankful lor the ministr$ of Mandy Nayak. Malcolm Morse, Revds John Nighlingale, Laura Ward and Catheiine Grylls. Darnian Herbert. Laura Godwin. Tièvoi Workman. our choir mgtnber5 and other rnusicians. The ministry tearn has grown signilicanlly with new p8ople corning on board to support Ignite, Pla¢es ol Welcome and the work of the St Francis Youth and Comrnunity Centre. Page 1
PCC OF ST FRANCIS, BOURNVILLE REPORT OF THE TRUSTEES {¢onilnuedl FOR THE YEAR ENDED 31 DECEMBER 2025 Bournvill¢ Porish Church is a busy community ol faith that treasures ruuttiple worshipping cornmunities., none DI which could be SUStan in the ways that we have grown to enjoy without th8 5UPPQrt. wisdoffl an¢J skiff ulness shgwn in how our buildings ar8 carèd for, in how our finances are managed aNI how our Parish Office is administered. The PCC is aware of how mwh Giles Allen, Jo Else. Carol Glynn, Elaine Rose and our deputy wardens and sides-PEupl& make possible as we continuè to ffij new ways ol comtnitting ourselves to a Growing understanding ol the braadth ot God's un¢onditional and all-embracing lova. Governance and TUCturg of hketlngs The PCC is organised around a pattgrn 015 meetings per year but has a number ol su(OMmittee8 and working groups whih meet belween meetings ol the PCC as requirEd. Slandlng Ccnmittee Thi5 15 the only SUcOMmittee ruIr6d by the Church Representation Rules. It has power to trans8 the business of the PCC betwEen its meetings, subject lo any dirèction given by the PCC and recotnmEnds items lor inclusion In future PCC meetings. This committee also prepares the annual budget and monilors overall income and expendityre in the parish. It also oversees the gèneral maintenance and repairs of all church property. Mèmb•rshlp ol PCC In 2025 Canon Richard Wharton Revd Clare Gladsionè Mr Malcoltn Morse Mrs MarKly Nayak Mts Elaine Flose Mrs Rachel Fasham Mr Ralph Thornas Mr Al Rodgers Ms Deborah Jewison Mr Chris Chatfield Dr Vicki James Mr Gile5 Allan Mi Robert Pinnock Miss Bethany Conroy Ms Sharon Davis Mr Harnish Yeung Mrs Catherin8 Shakespear Mrs Mary Rodoérs Chair Curate Reader Reader, Diocesan Synod Churchwarden, Elected APCM 2025 Safeguarding Co-ordinator, elgcted 2025 Saf8gu8rding Co-ordinator, stepped down March 202S Elected 2025, Deanery Synod from APCM 2021 Elèctèd April 2023. Deanery Synod frotn APCM 2025 Elected April 2023, stepping down APCM 2026 Elactèd April 2023, stepping down APCM 2026 Elected 2024 Elected 2024 Elected 2024 Elected 2025 Electèd 2025 Elected May 2022, stepped down at APCM 2025 Elected May 2022, 5tEpped down at APCM 2025 In Attgndance Mrs Joanne Else Miss Bathany Conroy Treasurer Secretary Page 2
PCC OF ST FRANCIS, BOURNVILLE REPORT OF THE TRUSTEES l¢ontinu8dl FOR THE YEAR ENDED 31 DECEMBER 2025 Rwiew ot Flnon¢lo1 Actlvltles Income for 2025 was £200.639, an d8cresaa 0113.5% over 20241£231.8241. The overall de11t lor the year was £24.12512024.' surplus of £38,443). This figure comprises, trefore transfèrs, a surplus of £14,112 in the unrestricted funds, a delicil of £22,213 in the designatéd funds, and a dèlieit of £16,024 in the restricted funds. The mission and minisEry of Bournville Parish Church is prmnarilyfunded through Ihe planned giving of meTnbgrs ol the congregab"on. In 2025, thrgugh the g¢nerosity ol our congregation, we raised £60,564 in this w8y12024'. £59,728). increase¢J by tax reclaimed throu Gift Aid of £14,70012024.' £14,629). A generous unreslricled grant of £10,000 was received from the L&J Cadtrry Trust lor our ongoirKJ woik. This year we celebrated the Centenary of the church with a number of special events and activities h&ld throughoul the yè8r under the themes Heritage, Environment, Spirituality and Wellbeing, Performing Arts, Inclusion and Art. Activities included the in5tallalion ol a new stained glass wiThlow, the production ol a specially written play about the life ol St Franas. pr(UCtIon ol a book celebrating the ¢gmmunity and heritage ol Bouinville, a large musical production of Ocean World with associat8d Lrt workshops lor the community, and the planting of a community orchard in the gmunds ol the church. We sincerety apprerjate the eflort and hard work Df everyDne involved and il was wonderful to bring the cornmunity together to celebrate 100 years Df St Francis. The n8t surplus generated by these actpiities has been designated towards th8 Fabric tund to SL¥JPOrt the church kyjilding into the next 100 years. The PCC owns a residential property al 63 Linden Road which is let out to priv8t8 tanants. This was let lor 818v8n rnonths In 2025, generating total income ot £16,075. Our expenditure through th8 g8nÉral fund was È116,62612024.' £134,270). This included payment of £58,404 to the DioGese as our coniribution for the Common Fund12024". £53,941). TransadiDlls betwoen the PCC and the St Francis Youth & Communty Centr8 as a rèlaled paty were made towards the shared costs ol omploying our trgasurèr, parish administrator and youth work, heating and lighting, photocoe$ and essential electrical and water safety repairs. Paymènts, including 8xp8nses, to PCC mernber5 included those to vergèrs who also serve on the PCC. Page 3
PCC OF ST FRANCIS, BOURNVILLE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 202S Reserves Poli¢y The rerVeS policy of the PCC is that we aim to hold an unrestricied r¢serve equlvant to three fflonths. running costs. We hokl a permanènt fabric fund as a restricted fund for lory term care of the church building. Although we wer& unab18 lo replenish this in 2024 after the fund was lully utilised in 2023, we have designated £7,000 ol funds into the Fabric fund in 20251£3,000 from the General fund and £4,000 Irorn Ihg Cent9nary lundl. In addition to this permanenl fabric fund it is the policy ol this church to keep an ongoing maintenance reserve to which we contributéd £3,600 this year (through lundraising and fflormes transferred from unrestricted lundsl. This is vseol to pay lor plann¢d wc¥k relating lo Ihe mwnlenanco schèdulè, work idantrfied through quinquennial inspections and for general repairs to the building and lsxtures. In 2025 we undertook repairs lo tha chureh doors at a cost of £8,844 to thé maintsnance r¢seNe. We have an eslablished designated legacy fund wherg the PCC have allo¢*d funds to spent on a nurnber ol lulure projects. In 2025, we ulilised the fund for.. DeprecialioTr charggs for assets purchased in previous years £2,288 Towards repairs of the cloist8r roof longoingl The Legacy bank accounts earned interest of £497. At Ihe y8ar end the Legacy fund balance was £91,892 12024: £94,3821. In 2026, the PCC anticipate that lunds will b8 required lor the following= Repairs lo the Cl0i5ter roof lin lieu of ndS being availab18 from thè Fabric fuThJl The PCC is mindful that the reserves polioy is not yet achieved in unrestricted general funds. This posilK)n continues to be actively pursued by the PCC through robust monitoring of unr8stricied $xpenditure and income generation. Golng Concern At the date ol signing these financ1 statemen15 the PCC has QDnsidered the Charity's ability to operate for the loreseeable future, including a period up to twèfve rTh)nths from this dale, and do noi bélieve Iheie is anything ol significance that will adversely alfectthis ability to operate for the foresE¢oble luture. The Charity has suflicient designated funds which could be re-purposed, if required, to absorb any short-terrn in-period deficits. Thus the PCC considers the Charity to continue to be a going concern. The PCC have also considered the Charity ¢omfftis5ion guidan on public benefit and, in part, tha suppletnentary guKlance for th6 advancement of rel10n. SKJned'. QLF Canon Flichard Wharton- Chair Parish Office St Francis Centre Sycamore Road Bournville Birfflingham BSO 2AA Tel.. 0121 472 7215 www.b arishchurch.ot Pagè 4
INDEPENDETr EXAMINER'S REPORT TO THE TRUSTEES OF PCC OF ST FRANCIS. BOURNVILLE Independent examlner's report to the trustees of PCC of St Francls. Boumvllle I report to thè eharity trustèés on my examination of the a¢¢ounts of PCC of St Francis. Bournville Ilhe Trust) the year 31 OE¢etnber 2025. Re5ponslbllEtles and basls of report As the charily trustees of the Trust you are responsible for the preparation ol the accounts in accordance with the iequiremenls ol the Chari119s Act 2011 1'lh8 ACVI. I report in respect of my examination ol the Trust's accounts carried out under Secbon 145 of the Act and in arrying out rny exatnination I have followed all applicable Directions given by the Charrty Commission under S8Ction 34515llbl Cpl the Aet. Indepèndent ex8mln8rfs ststement I have completed my examinabon. I confirm that no materHI matters have come to my attention in connection with the examination giving rne cause to believe that in any material respect.. a¢oounting records were not kept in respect ol the Trust a5 iequired by Seets'on 130 01 the Act., or the accounts do not accord with those records., the accounts do not comply with the applicable requirements concerning the form and content ol accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement Ihat the accounts give a true and fair view which is not a Thatter considered as part ol an Independent examination. I have no concerns and have come across no other matters in connection with the exarnination to which attention Should be drawn in this rgFX)rt in order to enable a proper undgrstanding of the accounls lo be reached. Paul Guise ACA Primg Chartered Accountants Corner Oak 1 Homer Road Solihull B913QG 0110512026 Dat8.. Page 5
PCC OF ST FRANCIS, BOURNVILLE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025 2024 Total funds Unrosiricttd Desbonated Restricted Endowrnènt lunds lunds lunds fund Total lunds Notes INCOME AND ENDOWMEMts FROM Donations and legacies Ch•rii•blÈ actlviilas Charitable Activrti¢ 107,769 14.362 34,354 156.485 185,279 1,559 245 200 2,004 1,243 Fundraising activities InvBslment Income Olh6r incom8 11,285 499 9,626 1.334 4.487 28 12,647 4,986 10,728 6.185 Total 130,736 27,17T 42,724 200,639 231,824 EXPENDrruRE ON Raising lunds Charltable a¢tivities Charitable Activities 6,243 419 662 7,204 110,237 40,983 5B,329 209.549 181,390 Oth6r 146 5.189 Total 116,626 48.672 56,748 224,046 193,783 Nei oainslllossesl on investrn8nts 718 18 402 NET INCOMEIIEXPENDrruREI 14,112 122213) 116P241 124,1251 38.443 Tran$fers batweèn funds 17 508 Net movemeni In lunds 6,104 131,713) 1.484 124,1251 38,443 RECONCILIATION OF FUNDS Total fuThSs brought loNiard 10,328 156,060 28,652 440,fj07 635,647 $97,204 TOTAL FUNDS CARRIED FORWARD 124347 440 607 611522 635,647 The notes form part of these financial siatements Page 6
PCC OF ST FRANCIS, BOURNVILLE BALANCE SHEET 31 DECEMBER 2025 2025 Tolal lunds 2024 Total funds Unrestrlcled De51gnaled Restricttd Endowment lunds fjunds fund$ fund Notes FIXED ASSETS Tangible assets Inv6$bhents Inv¢slm¢nts Investment propety 9,329 105 2,883 17,238 17,238 440,607 440,607 17,956 440,807 9,329 17,343 440,607 467279 461.246 CURRENT ASSETS Stocks Debtors Cash at bank 165 1,057 165 5,738 165 5,448 180,845 10 4.209 472 5195 106532 9,404 107,004 37.417 153,825 186,458 CREDITORS Amounts lalling due within one year 12ROOI (73B21 (9.582? 112,0571 NETCURRENT ASSETS 7,1Q4 107,004 30,13S 144243 174.401 TOTAL ASSETS LESS CURRENT LIABILITIES 16,433 124,347 30.135 440,607 611,522 635,647 NET Assgrs 11433 124,347 30,1J5 440,607 611522 635,647 FUNDS Unrestred funds Designated funds Restricted funds Endtswm&nt funds 12 16.433 124,347 30.1 9,926 156,462 28,652 440,807 TOTAL FUNDS 635,647 The financial statements were approved by the Board ol Trustees and authori5ed for issuè on and were signed on its behalf by.. R M Wharton- Tru The notes form parl of these financial slatetnFnt5 Page 7
PCC OF ST FRANCIS. BOURNVILLE NOTES TO THE FINANCIAL STATEIIIENTS FOR ThE YEAR ENDED 31 DECEMBER 2025 ACCOUNTING POLICIES Ba$1$ of preparlng the fln8nci?l $t•lomÉnts The PCC is a public benelil entity within the meaning of FRS102 (FInla1 Rep)rhng Standard 102, Thg Financial Reporting Standard applicable in tha UK and Republic ol IrelarKII. The linancial statements have bg$n prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governiry the individual accounts ol PCCS, and with the Regulations. 'true and fair view. provision5, together wf(h FRS102120161 as the applicablè accounting standards and the 2019 version of Ihe Statement DI Recommended Pla1¢8, Ac¢ounling and Reportino by Charities SOFIPIFRS1021. The financial statem6nts have been prepared undar Ihe historical cost convention except lor thè valuation ol investment assets, which are shown at market value. The financial staiemeffls include all Iransadions, assets and liabilities for which thè PCC is responsible in law. They do nol rnclude the accounts of church groups that owe their main affiliah'on to another boKly, nor those that are informal galhtrrings ol church members. In¢omlng rg$ources All income is recognised in the Statément ol Financial Activities once the PCG has legal enlitlemenl to the funds, r(15 probable that the income will be recenied and the amount can be measured relrabty. Voluntary ond Other Non-lnvestment Income - Collections and planned giving are rÈttognis8d when received by or on behalf of the PCC", Income lax recoverable under Gift Aid donations is r8cognised when the income is re¢ognised,. Grants and legacies to the PCC ar9 re¢ognised as soon as the PCC 15 nolifjed of its legal enlitlemenl, the amount due is quanlffiable. and Its ultifflate receipt by the PCC is raasonably certain-, Funds raised from events are report&d gross, i.e. before the deduction of any related costs., - Sales ol book5 and magalines from the Ghurch Bookstall are rewrted lor gross., Rental income Irorn the letting ol Church premises is recognised when the rental is due., Inve$tment Income Dividends are recognised when due and payabSe', Intèrast antitlements are recogni58d as they accru¢- - Tax recoverable on such irDMe ig recognised in the same accounting yèar. Govgrnm•nt Grants Governmentgrants are recognised when th¢ro 15 a reasonable assurance that tha company will comply with the conditions attached and the grant will be re¢oived or on actual receipE ol the grant, whichever is earlier. Grants lor itnrnediate linancial supporl are recogni58d on rgceipt. Expendlturg aTrJ liabilitios abilities are recognised as $xpèndr(ure as soon as there 15 a legal or constructive obligation committing the PGC lo that 8XnditUre, it is probable that a transfer of econom benefits will be required in settletnent and the amount of the obligation can be measured reliably. Expendituie is accounted for on an a¢¢ruals basls and has been classified under héadings that aggregate all Cost related lo Ihe category. Where costs eannol be directly gttribulad to particular headings they have been allocated to activitie5 on a basis ¢onsistent with the use ol resources. Galns and Losse$ on Inve*mgni$ Realised gains or losses ar8 reeognised when investments are sold- Unrpali5ed gains or losses are recognised on r8valu3tion ol investments at 31 Dec8rnber. Grants Grants and donations are accounted lor when paid over, Yth6n awarded, il that award Creaios a birxYiTrJ obligation on tho PCC. Page 8 conts"nued...
PCC OF ST FRANCIS. BOURNVILLE NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2025 ACCOUNTING POLICIES- contlnued A¢tlvltles dlrèetly relaiing io ih8 work of the Church Exnditur0 and Ilabillties The diocesan parish shar8 is accounted lor when paid. Any parish share Unpa at 31 D¢cember provided lor in these accounts as an op8rational (though not a legall liability and is shown as a creditor ill the balance sheeL Fixed assets Consacratod property and movable church fumi$hing$ In so far as consecrated and benelice property of any klid is excluded from the statutory d8finition ol 'eh8rity' by Section 10121 lal and Icl ol th8 Charf(ies Act 2011 such assets arè not ¢apitalis8d in the financial staternents. Movable church furnishings h6kJ by the Vicar and Churchwardens on special trust lor the PCC, arKI which r8quiI8 afacully lor disposal, are aceounted I as inalienable propeity unless consecratèd. They are listed in the church'5 inventory which can be inspected lat any reasonablg titnel. For inalienable property acquired prior to 1 January 2006, there is insufficienl cost informabon available and therefore 8uch asse15 are not valued in thè aeeounts. Items acquired since 1 January 2006 have been ¢apitalised And depreciated in the accounts over their currently antieipatèd useful econornic life (initially over 10 years) on a straght line basis. All expenses iurre¢l in the year on consecrated or benefice propety, individual it¥ms under 22,500 or on the repair of movabl¢ church furnishings a¢quir6d before 1 January 2006 are wrbtten off as revenue costs. Fixtuies, tlttlngs and offl¢o equlpmènt Equipment usad within the church pramises Is depreciated on a straight line basis Over 5 years. Individual items of equipment hth a purchase cost of £1,000 or less are written off when the asset is acquired. Pooled items, that is mor8 than itEm ol the sarne description purchased at the satne lime. with an individual value in excess of £250 are capitalised. 63 Llnden R08d- Inv¥stment Property The semi-detached property, 63 Linden Road, was gifted to the Parochial Church Courtil ol St Francis, Bournvi116 on 29 July 1960. Th8 pfDperty has been held in spécial trust by the Birmingham Diocesan Trustees Registrar since 1960. As the propèrty is an investment property depreciation does not apply. The property is revalued lo)r insurance purposes at regular intervals and loss or gwn on revaluabon 11 be realised during that linancial yea¥. The property is currently valued at £440,607 ar the trustees collsider this value to be gpwopiiate as at 31 Decèmber 2025. IrNestments Investments are valued at market value at 31 December. Any gain or Ioss on investments are realised within the current linancial year. Investment propÈrty Investrnenl property is shown at rnost r8cent valuation. Any aggrBgate surplus or deficit arising from changes in fair value Trs recognised in the Statetnent of Financial Activities. Stockg Stocks are valuad al the lower ol cost and ng1 realisable value, after rnaking éve allowance lor obsolete and sjow moving iteffls. Page g conb"nued...
PCC OF ST FFIANCIS, BOURNVILLE NOTES TO TrIE FINANCIAL STATEMEKfs- contlnugd FOR THE YEAR ENDED 31 DECEMBER 2025 ACCOUNTING POLICIES- contlnued Tox10 The charity is exempl from tax on its charilaNe activities. Fund accounting Endowment funés are restred funds, th8 capttral of which must be retained-, only income arising from investment ol the endowment may ba used as a restricted or unrestricted fund depending upon the purpose lor whh the endowment was established. Restricted funds are income funds that represent.. lal income fiorn trusts orendowmenls which rnay be expeyed only on thos8 réstrictèd obi6Cts providéd in the terms of the trust or the bequast, and Ibl ijonalions or grants rpceived lor a 5pe¢ili¢ obj¢cl or invited by the PCC for a specilic object. The funds May only be expended on a specific pioject lor which they were gDien. Any balance remaining unspent at the end ol the year musl be carried loard as a balance on that fund. The PCC usually invesls separatety for signrficant resÈricted funds ensuring that interest is aFPDrtioned correctly. Unrestrieled funds represent the remainino income funds ol the PCC that are available lor spending on the general purpos85 01 the PCC. These include designated funds which are contributions With the stipulalion that they be used ft>r a specific purpose, Such as spending on a approved future wojecl. The PCC are responsible lor designating funds. and the balances ol these lund5 are di5cIosEd s¢pa¥alely lo the general unrestricted fund in the Notes to the Financial Statements. Currènt assets Amounts owing to the PCC at 31 December in respect of lees. rents or other incoine are shown as debtors lÉss provisions for the arnounts that may prov6 uncollèctablè. Short-lèrm daposiis Includè cash h& on d8posil with eith81 the CBF Church ol England Funds or at Lloyds Bank Golng Concern The account h8v8 been prepar8d on basis of bèing a going concern as outlined in the Trustees, annual report. Impalrment of assets At èach rèporbn9 datè fix8d assèts arè r8vi8wed to d6tèrmine whether there is any IndallOn that those assets have suttered an impairment loss. If thgre is an indication ol possible impairrnent, th8 reeovÈrabl8 amount ol any affected asset is estimated ar compaied with its carrying amount. If the eslimale rècovérablè amount is Iow8r, thé carrying amount is ré(Jucad lo its esiirnaied recoverable arnounl. and an impairment Ioss is fecognised immediately in the p¥olil and loss accovnl. Donatèd Sarvlees Donated professional services and donated facilities are recognised as incorne when the charity has control Dver the item. any conditions associated with the donated ileffl hav8 been rnel and the receipt ol ecorK)rnic benefit can be measured reliably. In accordance with the Charities SORP IFRS1021, the génèral voluntèèr time ot Voluntears is nol rscognised, Plaase refer to the trustees annual rep)rt for rnore information atK)Ut their contributign. Page10 eonlinued.
PCC OF ST FRANCIS, BOURNVILLE NOTES TO THE FINANCIAL STATEMENTS. ¢ontlnu8d FOR THE YEAR ENDED 31 DECEIthBER 2025 FUNDRAtSING ACTivrriES 2025 2024 Fundraislng Traidcralt Sales Bookstall Sale5 Relreghments after Church 12,358 10,386 105 261 247 10,7S8 SNVESTMENT INCOME 2025 2024 Dividènds Interest GBF DepOt Fund 244 5,941 6,185 TRUSTEES. REMUNERATION AND BENEFITS The were no trustees, rgmuneration or other benefits for the yèar and8d 31 December 2025 nor lor the year ended 31 Dernber 2024. Trustees, èxpènsès Membws 2nd Co-opted Mery*ers ol the PCC, as well as ThAini51eis, wer6 fully rèimbursed lor expenses paid on Ihe Church's behalf. The total expenses rèimbursèd to trustees and ministers amunts to approxim8iÈly £1,80212024.. £9001. The expenses were lor resources, small repair items, refie5hmenls, telephone costs. and various other sundry ilern5 paid on tha Church s behalf. There were 5 trustees 12024.. 5 trus8$) roimbursed during the year. inclu(bng PCC Members and Ministers. ALLOCATION OF ADMINISTRATION COSTS Adminisirallon Costs are allocated to expenditurg in Ihg following mann8r". Cost Dascrlptlon Charllable Activities Ralsino Funds Total Cost Basls ol Allocatron Administration Salaries Printing and Stati¢)nery Bank Charges Indep8nd8nt Examins¢ TFm8 spènt on aclivibes Usage Usage Natyre ol activity 27,632 1.081 179 2,200 3.QTO 539 179 30,702 1.620 358 2,200 Pagè11 continued...
PCC OF ST FRANCIS, BQURNVILLE NOTÉS TO THE FINANCIAL STATEMENTS- contlnue(I FOR THEYEAR ENDED 31 DECEMBER 2025 TANGIBLE FIXEO ASSETS Church Eqvipment COST At 1 January 2025 Additions 44,130 8,319 At 31 December 2025 DEPRECIATION At 1 January 2025 Charge for y8ar 41,447 At 31 D8cember 2D25 NET BOOK VALUE At 31 Dacember 2025 At 31 Decembw 2024 2,683 FIXED ASSET INVESTMENTS CBF Investment Fund Shares MARK VALUE At 1 January 2025 Revaluations 17,956 At 31 Deeernber 2025 NET BOOK VALUE At 31 Decernber 2025 At 31 08c8rnb8r 2024 7.956 fhere were no investment a55et5 outside the UK. Dld¢ngs at 31 December 2025.. 777 shares in the CBF Church of England InvestmEnt Fund 131 December 2024.. 777 sharesl Page12 continued...
PCC OF ST FRANCIS, BOURNVILLE NOTES TO THE FINANCIAL STATEMENTS- ¢ontlnued FOR THEYEAR ENDED31 DECEMBER 2025 FIXED ASSET INVESTMENTS- continugd Cost or valuation at 31 December 2025 is rgprgsented by.. CBF Inv•$tment Fund Sh8res Valuation in 2022 Valualign in 2023 Valuation in 2024 ValuatlDn in 2025 16.032 1.522 402 718 17 INVESTMENT PROPERTY FAIA VALUE At 1 January 2025 and 31 Dec8mbèr 2025 NET BOOKVALUE Al 31 December 2025 440,607 At 31 December 2024 440,607 STOCKS 2025 2024 Traidcraft Stock 165 10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 other debtors Prepaymenls Accrued Income - Gift AKI 2,324 1,262 2.152 3,229 1,138 5.448 Page13 continued...
PCC OF ST FRANCIS, BOURNVILLE NOTES TO THE FINANCIAL STATEMENTS- eontlnue(I FOR THE YEAR ENDED 31 DECEMBER 2025 11. CREDITORS: AMOUNTS FALLING DuEwHlN ONE YEAR 2tr25 2024 reclitors fror goods & seNices Accruals 1,1)00 11,057 12. MOVEMENT IN FUNDS Net movetn¢nl in funds Transfers between funds At 31.1225 Al 1.1.25 Urtrestricted funds General fund 63 Linden Road IDe5ign8tedl Ageing Wdl IDesignaledl Chtldren & Adult'5 Choir (Designated) Legacy Fund IDesignatedl Maintenance Fund (Designaledl Special Fund IDe5ignatedl St Peters SJtley Trust IDesignatedl Centenary (Designatedl Slay & Play Warm Welcome IDesignatedl 10,328 110,7841 17,000 B91 93,980 11,215 1,762 32 40,460 17,713 1,083 111,8081 16,433 19,701} 11,500 1.576 95,186 3.944 1,$62 32 19,764 15,5001 1,206 (10,8711 12001 3,600 (16.6961 {4,0001 484 166,388 18.1001 117,5081 140,780 Rèstrlct•d fund$ Action Aid Agéing W611 Bookstall Fund Bournville Parish Youih Digikicks Project I Digikicks Piojeci 2 Fabric Fund Flowtrr Fund Healing Fund Memory Cale Trai(kr8tt FUTh Youth Worker 18} 6,357 2,049 129 19.4621 13911 5,5th) 2.395 1,658 129 576 275 7,124 1,943 2.456 5.109 12281 275 124 1,958 3,068 6,738 406 {151 16121 {1,6291 28.652 116,0251 17,508 30,135 EndowmÈnt tunds Land & Bujldings Fund 440.607 440.607 TOTAL FUNDS 611,522 Page14 continued...
PCC OF ST FRANCIS, BOURNVILLE NOTES TO THE FINANCIAL STATEMENTS- conilnugd FOR THE YEAR ENDED 31 DECEMBER 2025 12. MOVEMENT IN FUNDS. ¢ontlnu•d Net movement in fu1$, included in the above ale as follows= Incorning resources Rèsources expended GnS and Movement losses in lunds Unrestrictod fund$ General fund 83 Linden Road (Designated) Children & Adult's Ghoir (Designated) Legacy Fund IDesignatedl Maintenance Fund (Designated) Spo¢ial Fund (Designated) Centenary (Designatéd) Slay & Play Warm Welcome (Designated) 130,738 7,349 1,450 4,487 1113,0251 16,266) 17651 12,563 110,8711 12001 130,5871 17.713 17181 1.206 110.8711 12001 116,6961 13,891 157,915 1165,2971 (718 (8.1001 Restricled fvnds Agèing Wèll Bookstall Fund Digikicks Projèct 1 Flower Fund Heating Fund Memory Cale Youth Worker 21,468 28 130,9301 14191 12281 1151 110,954) 16,8711 19.4621 13911 12281 1151 16121 11,6291 10,342 5,242 16,025 TOTAL FUNDS n8 2th)639 L2a412SI Page 15 continued...
PCC OF ST FRANCIS, BOURNVILLE NOTES TO THE FINANCIAL STATEMENTS- ¢ontlnued FOR THE YEAR ENDED 31 DECEMBER 2025 12. IAOVEMEwf IN FUNDS- continu811 Compar?tlves lor M0ment In lunds Net movement in funds Transfgrs bétwaen funds At 31.12.24 At1.1.24 Unrestrfct8d funds General fund 83 Lindèn Road (Designated) Ageing Well (Designated) Children & Adulys Choir IDasignatedl Legacy Fund (Designaledl Maintenance Fund IDesignatedl Special Funé (Designat) St Peters Salttey Trust (Designated) Centenary IDesignatedl Stay & Play Warm Welcome Ioesignatedl 2,038 114,7311 17,000 376 105,524 68 762 32 20,735 11,890 3,947 13,6(x)I 10,328 110,7841 17,000 891 93.980 11.215 1.762 32 40.460 515 17,3261 7,547 1,000 14,2181 3.6(X) 19,725 1,8821 1,504 135,190 35,416 14.2181 166,388 Restrlcted fund$ Action Ai¢J Ageirtg W811 Bookstall Fund Bournville Parish Youth Digikicks Project 1 Dig1kic Prqa¢t 2 Fabric Fund Flower FutKJ Hgating Fund Memory Cale Traidcraft Fund Youth Work 170 2,402 2,049 129 2,293 275 94 2,008 11781 3,955 6,357 2.049 129 804 275 124 1,958 3,068 6,738 11,4891 30 1501 3.068 11,3391 161 7,877 412 3,698 4,218 6,752 21.407 3,027 4,218 28,652 Endowment fvnds Land & BuIldiS Fund 440.607 440,607 TOTAL FUNDS 597.204 635,647 Page16 CDntinued...
PCC OF ST FRANCIS. BOURNVILLE NOTES TO THE FINANCIAL STATEMENTS- conllnued FOR THEYEAR ENDED 31 DECEMBER 2025 12. MOVEMENT IN FUNDS. ¢ontinued Comparative net movemerTrl in funds, included in the ave are as follows.. Inwrning resources Resources exp8nd8d Gains and losses Movèment in funds Unrestrlctsd fund$ General fund 63 Linden Road (Designated) Children & Adulvs Choir (Désignatedl Lègacy Fund (Designated) maintenan Fund (Designated) speci Fund IDesignatedl Centenary (Designated) Stay & Play Warrn Welcoma (Designated) 125,758 6,822 1.168 1,642 7,502 1,000 24,600 1114,2701 12,8751 16531 18,K81 45 402 11,890 3,947 515 17,3261 7,547 1,000 19,725 14.8751 168,491 1133,4771 402 35,416 Restrictèd fund$ Action A Ageing Well Di9ikicks Plect I Fabric Fund Flower Fund Heating Fund Metnory Cale T¥aidcrafl Fur Youth Worker 11781 128,7911 11.7891 11781 3,955 11,4891 30 1501 3,068 11,1391 32,746 800 1601 113,2111 16,1731 16,279 5,034 104 8.830 9,9941 63,333 60,306 3,027 TOTAL FUNDS 231,824 193,7831 402 38.443 Fund D•tslls The reStrted funds comprise of the Action Ai¢ Fvnd, Agency Collection Fund, Ageing Wèll Fund, Bookstall Fund, Bouinville Parish Fund, Digikicks Fur*s (Projects 1, 2 & 31, Fabrlc Fund, Flower Fund, Heating Fund, Memory Cafe Fund, Traidcralt Fund, ancl the Youth Wryker Fund. The Fabri¢ Fund is held for ad-hoc repairs and maintenance of Ihe ChurGh and Vicarage. The EnLlowment Funds comprise ol the Land & Buildings Fund. This fuThY is in the form ol a semp detached property, 63 Lindan Road, which was donated to the Church for its continuing use in 1939 and which ha5 been held in trust by the Diocesan TrusteÈs Registrar since 1960. This property is included in the accounts at Ils 2019 professional valuation 01 £425,000. Income generated from the leasing of this property can be SnI as per other unrestrictèd inCDrnè. Pagp 17 continued...
PCC OF ST FRANCIS. BOURNVILLE NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 DECEIIIBER 2025 11 MOVEMENT IN FUNDS. contlnued Translors between lurKI$ Details DI transfers between funds in ihe year arE a5 follows., Note Unrestrictèd DÈslgnatgd Rastricted Ageing W611 Dèsignated to Ageing Well Restricted General Fund to Youth Worker Fund G6neral Fund to Fabric Fund C&nlenary Fund to Fabric Furtd General Fund to Action Aid 15,5001 5,500 5.000 3,000 4,000 15,0001 13,0001 14,0001 81 9,500 17,508 Notes: 1 Transl¢r ol funds from the Ageing Well Designated fund to the Ageing Well Restricted fund to put towards expenditure that go through the restiicted fund. 2 - Transfer to 5UPPDrt Ihp Youth Worker role for the rernainder of the curronl employment contract in the event of external funding not being available. 3 - Transfer to support the now urgent repair and Maintenan ol the church building. 4. Transfer from General Fund to clear the small deficit on the Aclion Aid Fund. 1& RELATED PARTY DISCLOSLIRES Transactions took ace during the year LElween the PCC and the St Fran¢is Y(xrth and Comrnunity Centre, whith is a related charitable company that shares som8 trustees in common. These transadions were rnadetowards the shared wst5 paid by one of the charities. Tha déiails aré as below.. 2025 2024 Income r8cèived from St Francls Youth and Communlty ¢gntre Reimbursernent lor use of Heating and Lighting R8imbursefflènt lor cost ol Photocopies Contribution to costs af Parish Adminislialor Salary Contribution lo costs ol Youth Work8r Salary 8.142 10,824 300 300 8,031 Tolal Income Received 25,707 14 604 Expenditu pald to St Franci$ Ytsuth and Communlty Centre PCC'S contrjbuiion to Salarles lor the Treasurer12024.. sal$ for the Treasurer & Parish Administralorl Memory Cafè room hire 4,011 1,631 1782 2 801 Total ExpendilurÈ Paid 4.432 The transactions between the two charities are paid as they become due. There is a debtor balance outstanding 01 £2,325 owed to the PGC by St Franci5 Ytsuth and Communily Cgntro at the year end. There are no other balartss outstanding at the year end. Page 16
PCC OF ST FRANCIS, BOURNVILLE DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR TrIE YEAR ENDEO 31 DECEMBEA 2025 2025 Total funds 2024 Total lunds Unrestricted funds Reslricl8d Endowment funds funds INCOME AND ENDOWMENTS Donatlons and legacies Planned Giving Colle¢tions Sundry Donations Other Incorne Srtome Tax Recovered Sundry Income 60,564 3,194 21,749 19,148 14,595 60,564 3,194 22.194 52,952 14.700 2.881 59,728 2,936 26.962 80,947 14,630 76 330Q4 105 122,131 34,354 156,485 185.279 FurKlrai$rng aetlvltjas Fvndr8ising Traidcraft Sales Bookstall Salès Refreshments after Church 11358 12.358 10,38 105 28 261 261 247 12.619 28 12,647 10,738 Invastment income Dividends Interest CBF D8POSit Fund 252 4,734 252 4,734 4,986 4,986 6.185 Charitable ¥¢tivi11oS Wedding Fees Funeral Fges 1,252 552 1.252 752 535 708 2(KJ 2M04 1.243 Olher incom& Heal & Light Photoeopies Rent 63 Linden Road 8.142 142 300 11,279 300 16.800 300 16.375 24.517 28,379 Tolal Incoming resour¢e$ 157,915 42.724 21)0.639 231,824 This page ¢oes not form part of the statutory financial statements Page 19
PCC OF ST FRANCIS. BOURNVILLE DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025 2025 Total funds 2024 Total funds Unrestricted fUlS Restricted Endowment funds lunds EXPENDITUFIE Ralsing donations and kgacles Administration Costs Fundraising Expenditure 3,789 1789 2,454 3,306 3,788 6,243 843 7,094 Oth•r trading actlvitles Opening stock Trwdcraft Putchases Bookstall Expenses Closing stock 165 165 165 110 419 419 165 419 419 110 Charllable actlvltles Rates and water Diocesan Comrnon Fund Ministry- General Expenses Ministry- Tiavel Expenses Ministry- Vicarage Expenses Church- Haaling Church- Lighting Church- Insurance Church- General - Repairs Church- General - Expenses Fixlures & Equipm6nt Services- Altar Services- Music Children & Families MissK)ner Activeimessy Church Church Salaries Youth Workèr Youth Worker Expenses Fass, Subs & Training Photocopier Postage & Telephone Stationèry Action AKI Bank Charges Professional Fees Refreshments Aging Well Expenses IT Costs Carried forward 406 321 &3,945 509 29 676 10,985 8,600 5,839 3,555 4,090 5,607 801 15,212 131 460 23,356 16,974 58,404 1,433 1,433 807 7,880 7,275 6,330 10,621 21,692 54 1,226 11,097 5,181 11,000) 6,330 10,621 21,442 2,679 8.275 2SO 1,211 11,097 15 456 27,632 456 27,632 18,311 255 1,200 1,048 172 33 18,311 255 1,200 1,048 172 1,115 1.190 86 178 117 4,086 227 ,072 971 194,143 179 5,818 179 5,818 37.869 37,869 6,722 226,904 6,722 159,250 67.6S4 This page does not forrn part of the starutory financial statements Paoe 20
PCC OF ST FRANCIS, BOURNVILLE DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR ThE YEAR ENDED 31 DECEMBER 2025 2025 Total lunds 2024 Total funds Unrestricted funds Restricted Endowrnent funds lunés Ch8rlt8bl• activitles Brought forward Salary Contributions 159.250 67,654 226,4 194.143 12,7531 151,219 58,330 209,549 181,390 oth$r 63 Linden Road Expenses Depreciation Costs ol Fixtures & Fittrings 6,266 266 2.875 2,314 Total resources 8xpandgd 193.783 Nef lexp¢ndlture}Ilncome 38,041 This page does not form part ol the statutory financial statements Page21