HEADLEY ALL SAINTS ANNUAL PARISH CHURCH MEETING 12TH APRIL 2026 THE CHURCH CENTRE 11.30 AM TREASURER'S REPORT AND FINANCIAL sfATEMENTS YEAR ENDED 31ST DECEMBER 2025
HEADLEY ALL SAIKTS PAROCHIAL CHURCH COUNaL Registered Charity Number. 1127424 FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 FINANaAL REVIEW l am pleased to be able to report a surplus for the yearof £4,968 which is an improvement on the previous yearfs surplus of £2.622. The glvlng from parishloners was very similarto the previou5 year. 74% of tollectlons are by regular standing order and this source of Income is much appreciated. We We also the beneficiary of a £5.IXXI legacy from the late Shirley Kilkenny. We have used this legacy to provide for cushions in the pews together with aSsiStsn from FOASH. l am sure Shirley would approve of this expenditure in her memory which will appear in next yearfs accounts. The lental Income from Church House, whlch was let throughout the year, kept pace with inflation nd produced net Sncome of £14,443. The income from investments exceeded the Fate of inflation producing £7,111. Other revenue staM$ from the magazine. church centre lettin8s and parochTral fees We similar to last year at £31,349. Various fund raising events We organised by the social committee which produced a net Income after costs of £2,044. In addition, £1,088 from collectlons and events was paid to varlous charlties. Turnlng to expendlture, the sin8le bi88est cost is the parish share payable to the DI0Se whlch Increased by 43% to £95.047. This Cost represents 62% of our total expenditure whlch has been paid In full. The contracts for gas and electricity were renewed in the year and anticipate duced energy costs In 2026. We reiVed a refund of 8as of £5.270 in the year due to the revision of estimated accounts whlch resulted in a net credit for the church wnning expenses. 2025 was the year when we had our quinquennial report which cost £3,163 but no 5i8nificant faults were found in the fabric of the buildings. There was an overall increase In the walue of the investsnents which a held with two manager5. The performance of one fund was exollent but the perfornian of the other was disappointin8 and so we are looking at re-investing that fund elsew. The freehold property has been revalued upwards by £70.(KM) to £450.IMXJ. The budget for 2026 approved by the PCC is a deficit of £14.S(M). Thts includes the DI0San Parish Share requested for 2026 of £99370, an increase of £4.323 {4.5%) from last year. We are grateful to all those who donate so generousty with their financial support to All Saints Headley. Bob Wilson Hon Treasurer 31" March 2026
HEADLEY AIL SAip¥fs PAROCHIAL CHURCH COUNaL Inde ndent examinerfs r to the PCC This report on the financial statements of the PCC for the year ended 31 December 2025. which are set out on the following pages. is in respect of an examination carried out in accordance with the Church Accounting Re8ulations 2CK)6 ('the Regulationg) and &154 of the Charities Act 2011 {'the Acv). Respectlve responsibilities of the PCC and the examiner As members of the PCC you are responsible for the preparation of the financial statements; you considerthat the audit requirement of the Regulations and s.144 of the Act doe5 not apply. It is my responsibiltty to issue this report on those financial statements in accordance with the terms of the Regulations. Basls of thls report My examination was carried out in accordance with the General Directions given by the Charity Commi55ion. That examination includes a review of the accounting records kept by the PCC and a comparison of the accounts with those records. It also includes considering any unusual items or disclosures in the financial Statements and seeking explanations frorn you as trustees concernlng any Such matter5. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the vW given by the accounts. Independent examlnerfs statement In connection with my examination, no matter has come to my attention: {11 which glves me reasonable cause to believe that in any material respect the requirements to keep accounting records In accordano with Part 8. Chapter I, section 130 of the Act," and to prepare financial statements, which accord with the accounting records and comply with the requirements of the Act and the Regulations have not been meL' or 12) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accou to be reached. Mr AJ Williams FCA 31st March 2026 Little Benifold Headley Hill Road Headley, Bordon, Hants, GU35 8DU
HEADLEY ALLSAIKfs PAROCHIAL CHURCH COUNaL srATEMEMf OF HNANCIAL AcfivtnES For the year eIe 31 Decenknr 2025 Unrestrlrted Restricted Endowment TOTAL Funds Funds Funds FUNDS 2024 Note INCOME AND ENDOWMEPtrs Voluntary income Activities for generating funds Income from Investments Church activitie5 TOTAL INCOME AND ENDOWMENTS 98.847 98W7 3fv94 25207 31.349 158.897 92,128 4,168 24,205 31.462 2b 3,494 22,236 31.349 155,926 2c 2.971 2d 2,971 151,963 EXPENDITURE Church actlwtles 147,198 5.082 152,280 1,649 148.847 144,194 5,147 149.341 Expenditure on ralslng funds TOTAL EXPENDrruRE 3b 1,649 153,929 Net Income 1.322 4,968 2,622 Other recognised gains Galns on investment assets: Sb 3,671 70.1)X) 7,612 {1,867) 9A16 70.000 3.390 Revaluation of property Sa NEf MOVEMENT IN FUNDS 77.317 8.934 (IA67) 84.384 6,012 Reconciliation of Funds . At I JANUARY 2025 446,697 47.115 46.685 540A97 534,485 BalanS carried forward At 31 DECEMBER 2025 524,014 56.049 4418 624WI 540,497 The notes on pages S to 9 form part of these accounts
HEADLEY ALL SAINTS PAROCHIAL CIIURCH COUNaL LANCE SHEET AT 31 DECEMBER 21Y2S Note 2025 2024 FIXED ASSETS Tangible Investments 5a 5b 450.lx 158.306 380,0(XI 143,937 523.937 CURRENT ASSETS Debtors Short term deposits Cash at bank and in hand 7.176 5,431 22,505 8.278 4,392 14.447 35,112 27,117 CREDITORS Amounts falllng due In one year (18,S37) (10,557) NET CURRENT ASSErs 16,575 16,560 TOTAL NET ASSETS 624,881 540.497 PARISH FUNDS Unrestricted: Restricted: Endowrnent: 524,014 56,049 44.818 446,697 47.115 46.685 624,881 540.497 Approved by the Parochial Churth Council on the 3tst March 2026 and signed on its behalf by: ¥J)LO Rev Yann Dubreuil (Chairman) Mr Frazer White (Secretary) The notes on pa8es 5 to 9 form part of these accounts.
L(H I ACCOUNTING POiIOES The PCC Ls a publtc beffttfttity wlthln the meaningof FR5102. Thefinancial thtements habE been uThlerthe chareS Att 2011 and in accordan with the Churth A(coUmi Re8ulJtions 2LgO%MIr¥the indNidual ac(Dunts of PCCS. and with the Regulations'"trueond falrt4lew" prvdi5Ths FK5 102 asthe applKableattyinting5tsndards and the StatsrYrt of Recommermjed Practxe. A¢(xyJnting and Rewrtiry Chaffties IsrMtPlFRS 102leffectl¥e from l January 20191. The finala1 ttatements have been prepared underthe hsstorKal cost u)rhEnt•Jn except forthevaluatwjn of Investment a%sets and freehokl property, whKh a shown at mavalue. The finandal indude all transactlons, assetsand 1iabiltt1 forwhkh the PCC Is nSIble in law. T0 not indude the attounts of church groupsthat owe thelr main afflliationto another l&¥. Th)rtkne Inftmalgatherlws of churth members. Funds Sndowrnentlunds a fvnds, the capltal of whkh maintsined..onFy IrKomEarf51n¥from the endowmeTht may be used ertheras res¢rkted oruTrrestrk fvnth dependknw uwnthe pufpjse for whlch the endowment was establtshed. Restrtrtedlunds rep5efjt lal irKomefrom trusts or endoments which may be expended onty on tkne re5tr1¢ted obj'ects Prrylded in the tenns of the tyust or tequest. and Ibl dortions orgfants receNedfora specrftc object or Invited by the PCC fora speclf obiecL The fvnds may onty be exrnded speof obJe¢t forwhKh they were gl¥en. Any balance rem•nw¥ urtspent attheend of each year mustbe (arrted fonATard asa baFance on thatfund. Unrertdttedjunds a ernI funds whkhw be used tor PCC purpo In¢[¥Ad Endowments Planned gIvI collections donakn a recfj¢nked when recelstd. Tax refunds a reC(lSed when the Incoming resoLtrce towhkh they relate Is receNed. Grnnts and le8aw¥re accounted forwhen the PCC is legal entltled to the anxjunts due. Diwder¥Js are atnted for when reCe¥ble. All other Income Ls recoenSzed when it Is rlBble. All irKome and end0ftts are accounted forgross. Amounts re¢eived spedfkaltyfor mLssKJn are dealtwrth as restri£ted funds. Expendliure Grants and donathjns ¥e accourted forwhEn pald ow. orwhenaw3rde4 rfthat èward creates a blndlng or constructive obll8atlon on the PCC All otherexpendlture Is general1 retLynlzed It ts Irtufred and l$acurted for8ros5. Fkned assets Consecrated and bene property is It Ided inthe accwnts In &1012lofthe Charitie5 Art 2011. Movable churth fvrnlshlngs held bythe rectoravrfl thurchwardens on spetialtnjst forthe PCC and T•JhKth require a f8¢Uttyfor dlsposal are Inalnab property. listed in the thurth's inventory, which can Inspeaed latany aSOnable timel. For ?hing acqvired prity to 2(Wthere Is 1rtsufrrt C05t inforrnatK>n avallable and therefore such assets are not valued in the finala1 Statemen bSeqUentIY no indNldual Item has Cost more than £2.CtQ so am such expendire has been leTr dfwhen Irrred. The church trKAJse has eTh valueil bythe Pccas & Drnb 2025. No depreciatlon is proythd on trAtildings a5 the estimated ie5idual value of the property not than 5t5(arryI value remoinln8 useful Ilfe of thi5 a55et rrnt exceeds SO years. so thatally depreclat40n thrges be immaterial. Equipment used wtthin the premises is depre(76ted on a strath4ine lJosi% Lerfrvear& lThJWual items ofequipment with a purchase priceof£2,OXlorle5sare written off whenthe asset ts acqui. Investments a valtd 8tmarket value at31 December 2025.
HEADLEY ALL SAlfltS PAROCHIAL CHUR(JI COUNCIL Notes to the finanaal statements For the year ended 31 December 2025 2 INCOME AND ENDOWMENTS UnrestrKted Restricted TOTAL FUNDS Funds Funds 2025 2024 Voluntary income Planned giving: Gift Aid donations & collections Tax recoverable Other Collections (open plate} Tax recoverable on collections Donations Le8acies 63,836 15,959 3,280 8,198 1,749 825 63.836 15,959 64,057 16,014 2,097 8,031 1,607 322 8,198 1,749 825 98.847 98? 92,128 2b Other trading activities Fund raising (coffee) Flower fund Fund raising events 567 452 2,475 3,494 567 452 2,475 3,494 362 408 3,398 4,168 2c Income from Investments Dividends and interest Church house rent 4,140 18,096 22,236 2,971 7,111 18,096 25,207 6,672 17,533 24,205 2,971 2d Incorne from church artivities Magazine: Subscriptions Advertising Lettings 5,837 5,420 11,796 8,014 282 31,349 5.837 5,420 11,796 8,014 282 31,349 5,732 5,312 11,920 8,427 71 31,462 Church Centre: Parochial fees Sundry Total Income and Endowments 155 926 2 971 158 897 151963 Total Income and Endowments 2024 149 239 2 724 151963 149 748
HEADLEY ALL SAlPitS PAROCHIAL CHUR(11 COUNOL Forthe year ended 31 December 20Z5 EXPENDITURE Unrestricted Restrirted TOTAL FUNDS Fund5 Funds 2024 3a Church artlvities Missiona and Charitable ivin Church relief & developrnent agencies Home charities 490 490 Minist Diocesan Parlsh Share Other ministry costs 95.047 1,385 96.432 95,fy17 1,385 96,432 90,735 1.139 91.874 Church Running expenses Maintenance Upkeep of servi$ Flowers Sunday club & youth (1.322) 3,056 (1322) 3.056 6,405 3,167 922 iii 2.577 13,182 1.649 1.649 1.649 4ffi15 Salaries Or8anlsts Secretsry & Verger 2,825 14,332 17.157 2,825 13.584 16.409 I432 17.157 Church mana ement and administratlon Postage. ststionery & other expenses 4,397 4.397 2,876 ther costs Magazine produrtion Church Centre Churchyard Miscellaneous Major works 7,720 10,702 825 7.600 8.178 428 10.702 825 1.725 4.186 25,158 L725 4.186 25.158 664 2,493 19,363 Total Churth & other activil*s 147.198 1.649 144.194 3b Expenditure on raislng funds Church house expenses Coffee morning costs Costs of fund raising events 3.653 998 431 5,082 3.653 3,987 604 556 5,147 431 5,082 Total Expenditure 152.280 1,649 149,341 Total Expenditure 2024 146.764 2.577 149341
EXPENDtnJRE TOTAL FUNDS Funds Funds 2024 STAFF cosrs linLknled kn note 3a ) Wages and salaries 16.743 16.743 16.013 Pensions 414 414 396 17,157 17.157 16,409 4b PAYMENTSTO PCC MEMBER5 None of the expenses paid to the inojmbent related to hlsswwces as chalrman ofthe PCC. No payments or expens were pald to any member. persons (losely connected to them or related parties. FIXED ASSErs Freehold Equlpment land and bulldings Totsi 5a TaNdlble (all unrestrktedl AcfuALIDEEMED cosr At l January 2025 14,552 394,552 fteRluatity) 70.() At 311)etember 2025 14,552 464,552 DEPREaATlOt4 At l January 2025 14552 14,552 tharge forthe year At 31 December 2025 14552 14.552 NEf 800K VAWE At 31 December 2025 NET BOOK VAWE At 31 DÈtember 2024 380.(KMJ The Church Centre Is Insured ft>r £541,044 bUtsIn rt Ison land vested in the Diocesan authority on behalfofthe PCQ it can be gNen no meanirful Value IPCC minutes of 27liV951.
Notes to the finaNial slatements For the year ended 31 Detember 2025 5b INVESTMENTS Market Wdlue tst January 2025 Clisposal at (arrying value Purthases at cost Revalua¥on Bain Market value 31st December 2025 The market value at 31st Decembef 2025 reprwts investments for Unrestritted funds Restricte(I funds Endowment funds 143,937 4.953 9.416 61,752 51.736 44.818 Hol(Jings at 31 December 2025 CBF Churth of England Investment Fund M&G Charlfund 73,599 84.707 2025 2024 DEBTOILS {UNRESTRICTED FUNDS) Tax recoverable Debtors and prepwiments Other debtors 470 4.805 3.069 7,176 278 LIABILMES Amounts falling due in one year (unrestricted funds) Accruals for utility ar other costs Other creditors 18,387 150 18.537 9,957 600 10,557 FUNDS Unrestrlcted Fund: for general purposes Restrlcted: The E Watkins fund for Youth & Children's educatlon Endowment: The Winchester fund income Is applied to the rna1ntenan of the WInCtter Braves. From the year 2068 the ¢apitsl becomes unrestrKted. Fund movements Unrestricted E Watklns Winchester Total Balances at tstjanuary 2025 Income and endowments Expenditure Investment Balns Rèvaluation of property Balances at 31st Qewnber 2025 446.697 15S.926 (152,2801 3,671 70.() 524,014 47.IlS 1971 IL6491 7.612 46.685 540.497 158,897 1153.9291 9,416 70,000 624WI 11.8671 56.IM9 44,818 ANALYSIS OF NEf ASSE(S by fvnd Unrestrfcted Restritted funds funds Endowment funds TOTAL 2025 Tangible fixed assets Investment ftxed assets Current assets Liabilttie5= Amounts falling due in oneyear 450.LK 61.752 450.000 158.306 35.112 51.736 4.313 44,818 {18.5371 S2414 118,5371 624ml 56.iH9 44.818