The Parochial Church Council of St. John the Baptist. Our Lady & St. Laurence Thaxted Annual Accounts and Financial Statements for the year ending 31 December 2025 Page I Annual Accounts for 2025 Background The Parochi81 Church Counoyl Ihereafter'PCCI has resFonsbihty. under the thaim)enship of Fr. David Sheppard {at the start of the yearl, and the chutchwardens Paul Meader and Cclin Harrison. for the proMotic￿ ofthè aCd￿aSticaI parish of the whola ml8sion of the church- pastoral, evangeltsl. scoal. and e0Anen￿ and for nmnwy. rnaw)tthwn(*, 8rKI doly upkeep of th¢ parish d)urch of Sl. John the Ba¥*tisl, Our Lady and St. Laurence. ThaKi￿. To b8s1 athleve thL8. tho PCC is fulty rwstertrJ 88 8 d￿rity with thè Charty Commk8s¥Jn under r&3i8tsali)n r¥Jmber. 1127752. Membershlp ofthe PCC Members ol the PCC are eilher el¢¥Yed by the Annutyl Parc<*kql Chwth meeting ￿ are 8r4)olnte(l ex.OfiSo. In 8(t¢)rdance with the Church Representalion Rulès. OccasK¥)alty, a memLw may bo CfTrOPttrd ￿ere spea￿151 sknlls are required. During the 2025 fin8nd81 ye8r, th& k4h>*lng peO￿e 8eNed as mwnbers ofthè PCC.. Chalrnian Fr D8¥￿1 Sheppan1 (Frtffi July 2￿25) Churchward•n Cofjn H8ni8 Paul Meader S•¢r•tary Maryanne FlemK ICTropt￿ to Awu 2025. then gwed) Tr•4•urnr Phlup Stsker Ictsopted) PCC M•mb•r Emity Bgverty Fr Chri$ Brown Maureen Ethvard$ Anna Lee Janet Mocffe Pamela OToJb8 Stephen Odc¥n lan Prin¢ Mike Tayler Perry Stak•r ICMpt¢rf) (Frcfft Aprfl 20251 o April 2￿25) {Fr￿n Awil 20251 Ex4>fflclo Margaret Caton magg￿ Catterall Rev. Susannah Lacjjn Adrian Wright It)8angry Syrk)d) (Deanery sy￿ (Assistant Curate) I￿¢*￿￿1 Re*Jer) Commltt• The PCC op8r8t88. in p*1, through ￿mM￿te•S whlth meet in athJitsM lo tm main PCC moeling$. Thls wnmillee Is rtquired under ecde8k?stirAI law. It has the p0￿r to transxl the bJsines8 ofthe PCC betr•Ren its meeting8, 8uble(a lo any dir8¢tions gNen lo il by the man PCC. To m8intsin the fabric ofthe Thaxted Church e8tate and to improve the knlilieB that rAn bè offered. 8nGe Committee Oversee$ the income. experKliturtr, fina￿481 goveman¢* ofthtr PCC. iwdgets * r0￿MmÉ￿￿1rvj financial wli for the fvll PCC to 8pprove. To ￿ll+late and organise lundraising events cffl ofth8 PCC. an Commi To cmrdinate all mattets reg¥ding the restcffation ofthe Lincdn OpJan tehalf ofthe PCC. Wors Nurtu￿ and MissM Comnyltee To support and eiu)UTage growth in the w(￿￿ of G(x1 W￿t￿ 811 s&a¥)n$ oftt* Parth ￿mm(￿lty. Page 2 Church attendance Aft8r the recent full revis￿ oflhe electC￿31 register th￿ were r2 parishioner3 r￿[d￿j on the Church Eledoral Roll in 2025. 15 ofvA)om INed outside th• P8rish (frryn g) & 17 in 2024, 87 & 17 in 2023}. The aveT8ge number recewing Ix)mmunKJn ￿esdaY and Surwjay sery¥x8 was 56 (down slightty 57 in 2024 but still up from 53 in 2023) but this number exdudes urKx)nffirmed dildren atKI Ihose receNing blessings. The number also exclud¢s any communicants / attendèès al spwal masses arournl Hoty days and ecumenical I comrnunty seNi(ts like the very well Sup￿rte 2(bl 2{¢) 21d) 6,875 -395 54.620 128,521 6,80S 1,521 9.520 11.391 6.223 34,178 83.349 495 1fj2.614 Expondltur• on: Raising fvnd Expenditure on Charitab￿ acbvi1*8 Other expendi¢ure Total exp•ndlturo 3(a) 31b) 3(¢) 4,140 3.581 42.108 86,881 132,550 75,154 120,156 89,268 6,551 24,338 Not Incom• l {0xp￿￿lturn1 rn•ource• l￿fOrn tr•n•fer 4.919 9.839 495 8.365 20,064 Tran8for• Gross transfers b&tsYeen fiJnds- In Gross transfers btheen fvnds- OLrt Totsl tran•f•r• 13.482 -10.802 2,681 1.411 -7,228 4.818 9.911 48.776 3,135 24,804 18.501 N•t mov•m•nt In fund• 4.230 478 12,974 498 8.360 20.084 Tot•1 fund• brOughtfor￿ld 3.737 e6,8 31,431 107.787 87.723 Tot•1 fund• carrl•d forwa 781 2.761 116 152 107 787 Oollnltlon ol fund typo• Untvstrt¢t8d fvnds are monle8 8vallat4e to the PCC l Trusl•es forgenoral u￿, wilpart re8tnclon. D8slgnalod lunds arè mor#68 whl¢h Ihe PCC ha$ 8•t aside for a wrpose. tr¥Jt rt Is wthin their rnrntt to d8c4d• to reallocgt• these fvnd8 at any b"me, tthugh a po*lNe vote at a proFthy conslrtLrted meetiThJ, for anofvr purpoge. Restrf¢led funds rnproBenl monlo$ that are rtquirod to b• u8ed forthe purpMe that they ar• grant¢d or Coll￿t￿j. 11th￿9 funds cannot be used for the pu￿*￿ forwhid) they warg granted or c(41thd. thoy cannot b• rtralhxatsd by the PCC bul must either be held for a time until the restridion can be met or rn￿1 be disposed of in aceordance wlh Chanty Commission guidance e.g. lo another charity wth aim8 that match the re8tThXon. Endowment fvnds repr￿n1 rrKIn￿ th8t have been left to ts clKJr¢h for a loThJ.t•m purpM)se. These fvnd$ a￿ restricted a$ Abo￿ and generoto inc¢me which is •rth•r reirwested or us¢d ihe purp￿ that Ihe monw wor8 8ndow•d for. Page 5 Balance sheet as a13111 December 2025 2025 21124 Curront assete Investments Cash at bank and in ￿(￿j 31.036 85,116 116.152 31,431 76,438 107,869 Liabilit Cfedltor8.' Arnounts falling due in one year 82 82 N•t currnnt a8•0ts. 1088 ¢uYYwtt liabllltt•• 118,152 107.787 Total a880t•. le•• curr•nt Ilablllll•• 118,152 107,787 Total n•t awl8. IM• Ilabllitle• 118,152 107,787 Ropro￿nI•d by UnrMtrl¢t•d General fvnd 2.761 D•slgnated Catering Fund Literature ProvI￿on Pgl•r lfjng Memorial Fund Restoration Fund (Designated) 1.010 541 487 723 1,090 478 1,905 R•8trfct•d Provision ol R8lmefil For the Maintenance of tha 89118 Thaxted Church MUS￿ FuThJ The C￿Jchm8n 8equeBI Furnllure Fund J. Sheppard's fund for Extom81 Lightlng Kitchen, Toilgt & Meebng Rc4)m Futyj Replac8menl Lighting Project Lincoln Organ Restorn¢ion Fund Restoration Fund IRostn'L#ed} Decorating the South AJ￿8 M8lnlenarKe ofth• 189 87 1.075 24.3&8 1,074 545 4,204 3,402 35.810 3,302 5,135 535 4.127 5,470 3f.945 12.368 5,042 Endowm•nt Chancd TnJsl 31,038 31,431 Fund¥ of th• chureh 116,162 107,787 Page 6 Notes on the Financial Statements For the year ending 31# D￿lber 2025 1. Accountlng policies General Prln¢iples: These financial statements have been prepared under the Current Church A¢￿untIng Regulations and in accordan￿ with the current charitr.es SORP and applicable acuunb.ng Standards. Fund8: Unrestricted fvnds represent the funds available to the PCC that are not subject to any restn"ctions regarding their use and are available for appl￿tron on the general purposes of the PCC. These indude any fvnds which the PCC has itself d8sign8ted ft)r a specific purpose. The purpose of other fvnds, restricted by the circumstances or conditions of their recelpt. is n¢)ted in the financial statements. Resources ¢lassff*d as 'EndOwMen￿ will be treated as long tem) investments by the trustees and onty the Interest received on each investment will be available for re-investrment or use for the purpose intended by the person I body who donated the funds. subject to any separate and disb'nct agreemonl on a part￿￿lar endowm8nL Incomlng rgsources: Colle¢tions and fees are dealt with in the financial ststements when received. Covenanted receipts are dealt wrth when honoured by the covenanter. Tax recoverable is re￿n￿88d in the financial receipt when certified as due by and received from the relevant tax authority. Grants and legacies are accounted for when received or are able to be qUantrf￿ wrth substant¢al accuracy. The proceeds of fvnd-raising and sales of magazines and other g¢)ods are shown gross, and correswnding costs being shown in ￿SOUrceS used. R•source8 ￿8￿. Grants and donations are accounted for when paid. Costs relats'ng to work, lund-raising and administration are dealt with wh8n incurred. Stocks of literatu￿ arKI goods for salo are induded in the financial statements only if materially 819nificant. The Diocesan quota is accounted when payable and any quota unpaid as at 3111 Dec&mb8r is shown 8$ creditor on the balance sheet. Expenses incurred In the process of a fund-raising event wll b8 atth'but8d. where possible, to the Fund the In¢ome 18 bèing recognised in. Ro¥tatom•nt of Prlor Yoar Claulfic•tlon• ere it is found lo be necessary to reclassfy in¢off¢ or expendrture, erther thn)ugh enhanced 1nforrrsat￿￿ or changes lo how parb'cular items shoukl be classthed, the prior year will be ￿$tated within the current yearfs accounts lo ensure a fair and accurate comparison. Valug Added Tax: Irrecoverable Value Added Tax is written off as part of the relevant cost Value Added Tax re￿Verable in connection with repair work is shown $pecifically as an incoming resource. Other current agsets: Quantifiable amounts due to the PCC as at 315t December are shown as debtors on the financial statements after deducting any amount likety not to colleetsble. Page 7 2. Income 2{a> Donation8 and legacies Totsl Unrestricted Des 2,788 21.6Tr) 7,079 #ted Restrlcted 6(Xl eDt 202 3.388 21,8C¥) 7,079 1,656 1.624 5,332 2024 3,388 22,910 6,671 1,270 10,59) 3,401 10,0 1,031 1.128 60,389 Giving- Bank Slo Parish Giving Schemè Loosè plate colleclic¥)s One￿Off Gift ￿¢j gjfts Donations. 8ppeal$ etc Donations via D￿atIOn Station LegacAes 'Black Che$l' D￿￿on8 Wall Safes 1rxJ 939 492 1,954 428 350 37,626 428 856 885 67,421 T*7tal 1.841 27.954 2(bl other lrnding actlvltlal Total Endowment 2024 125 6,2SO 430 6,805 Bookstall SO￿9- Fund raising Church Lètting8- General Church Letlng8. Heating 30 6,180 665 6,878 6.180 Tol*l 21cl Invo8th1onts To¢41 *ted EDd 202 -395 -396 202 1.521 1,621 G4ln8 1 L08888 on Twst Rovaluatlon Tolal -395 95 2(dl oth•r Incom• Totol ric(ed 5,179 202 5,179 5,841 2.298 202 3,702 5,853 3,740 Tax recoverable on SIO & Gift Aid T8x recoverable on Giving Sthon Non-reojrring on￿ff grants Yardleys Charity Thaxted Parish Coun¢il R•6tar*tion Grants INon-Spe4ft¢} Vicar & Churolwardens Gr8nl Other fLFnds gènor8led Candle Collection Catering Incom• May & Christmas F8yr•s Fundraising Committee Event8 Bank and building so• irrterest Wedding Feeg for Choir In3urance Clair 252 1.898 ,147 2.037 13,484 20 1,183 1,949 9,794 5,1 37,471 1,317 669 12,983 5,461 1,547 1,183 9.794 5.19) 410 83,899 Total 38,8TI 9.520 6.223 54,620 Page 8 3. Expenditure 31al Raising fund$ Totsl nrestrlcted ated R EDdowThent 2025 3,874 2024 2,611 970 3.581 Costs offetes & other events Cost ofcrgdit Card m￿h1n¢ 2&3 652 Total 4.140 3{bl Exp•ndlture on chafftable actlvltl•• Total UDr rieted EndowmeD 2025 325 447 2024 100 2,184 Giving- Rel￿f & D￿￿o￿N￿ent ag8nci8S Home mission Secular charili8S Ministsy parish Sha￿ ètc 325 447 40.040 40,862 Total 40,862 42,108 3{cl Othor •xp•ndhur• Totsl trict ated Restrleted ndowment Org8nlsl Fees Pari$h AdmlnlstTator Pansh Adminislralor- Expen8•8 Expen8e8 of Minislry Team Vicarage . Utility Cos1$ Visiting Cltrrgy Expense$ Parish Iralnlng and mission Church running- Insurance Parish Offict. Consumabl08 Parish Offi¢e- Broadband I WFI Organ I piono tuning Church running - Malntenanco Church running - Clew)ing & Laundry Church running - Cgtèring Church running . Church running . S8Nlce (Consuma￿e￿} Church running - Bdls Upkeep of churchyard Administralion Bank Fees F••8 Payabl• lo the Dioc••• Church running- Eleclric Church Nnning- Gas Church wnning - Water Church running - Oil Bookstgll costs Govemancg- Exarninat￿n l Fee Church major repaiTr- Slnxture Church major repairs- InstalLqtion Church major repairs- Churchyard Church- Lightsng Project Vicar&Je- Intem81 & Extemal Decoral￿n TotAI 4,900 10,292 135 353 83 12S 6,375 12.000 10.292 135 336 17 427 109 125 9,362 185 8,2e6 753 527 185 446 2,2oa 3.657 143 12,720 231 407 1,180 2,B51 143 1.128 1,128 1.469 15 3,418 3.433 850 8.03S 4,861 6.035 433 5,8(Kl 4,539 4,428 2,117 1.405 2.579 1,910 1.910 4,926 159 159 338 570 570 570 13.309 13. 1,429 13,3C 4,889 2,147 4C(I 24,338 2,147 400 75.154 47.753 3.063 86.881 Page 9 4. Statement of assets and liabilities as at 3151 Der￿mber 2025 Unrestrict *led R Endowment 2025 2024 Current assets- Cash at bank & In h•KI Barclays- Currant A¢xount B8rclays- Restorth"on Aco)urt CAF Bank- HSgh Interest CAF Bank- Currant Acx)Junt C88h In Hand 745 2274 3,383 274 75,938 6,402 274 77.610 830 8,369 1,160 66.020 889 830 Total 2,761 1761 79.595 85.116 78A38 Current au•ts- Inveslm•nts Chancd Trust 31,036 31,036 31.0 31.036 31,431 31,431 Total• Lhabllltl•• - Ag•ncy account* Agerw oJ118ctio 82 82 Tots Grnnd totsl 116 152 107787 5. Statem•nt of th• movoment of fund• For the year en¢J•d 31lt December 2025 F￿d eal*nM• Oylgoln9 Tran•f•rn l Fund Bulanc urrl•il loThva Unmtrl¢t•d Fund• General fund 89,288 2.881 2,781 D••lgn•tsd Fund• Catèring Fund Chal Café Flower Fund Llncoln Organ- Runnlng C08ts Llter8ture Provision Peter King Memon81 F￿)d R•$l¢r81ion Fund 1,010 285 1.184 1,09) 478 917 541 5,831 1.013 723 RMtrlct•d Fund• Replacement Lightin9 ProJe¢t Lln¢dn Organ- Restoratbn Fund Restoration Fund Th• Couchrnan Beque81 D¢¢oraiing the 3oLrth Al Fumiture Fund Kitchen, Toilel & Meelng Room Fund J. Shtrppard fund for Extwn•l Lwting Maintanance of the Bells Mainton8n(* of the Churchyard Maintenance of the Vicarage Provision of Raiment Thaxled Churth MUS￿ Fund 5.470 2,147 1,838 13.3Q3 3,402 35,810 3,302 24,356 5,135 703 4.246 25,265 12.3e6 400 5.042 4,127 4.204 545 10 3.635 87 1.074 102 189 1.075 Endowment Fund• Chancel Tru$l 31.431 31,038 Total 128521 116 152 Page 10 Associated Organisations In addit￿n to the funds which tho trustees I PCC memb8rs have dlr&# tx¥rtI￿ of. there are several ass￿1818￿ ¢xganl88lior whifA), atthough canThJt fomi part oflhe aco)unts. do have a o)nrndion to the fabnc and the work ofthe thurth. Each organisation produ￿ an independent a￿￿nt of their IrK￿ne and expeni*ture tmrt ￿ extract of each of the8e is r8producgd below for Informat￿ aThJ ownson with PTev*yJs years, ￿£ThInts. Vlcar and Churchwardens Accounts Extrad from the Sunwnary ￿the Funds th9 8 chUrth￿ actxJtNyts as at3tit Dgcgmb8r2025 Tot•1 FundB 2025 6,055 Totsl Fund# 2024 3.242 Charty Fund8 held IDet8118 In thè fijll V&CWacc4Jurts) Yardl8y E¢¢le8ia8tical Charity 36.224 .034 Total R••tiict•d fund• 42.m 29.276 V&CWFund 13,680 21,589 Chantry Estate 24.4 28.487 38,176 50.086 Fund bAlan￿ at Yoar End 79.332 Thaxtod Church Hall Exlr4rt Irom the ￿￿￿t011n¢0fft0 and •xpendltur• Tha¥ted Chun* Hell 8ccwts as at 3111 C*cember2025 Total Totsl Fund• 2024 2025 Op•nlng fund• 4280 Total Incom• 8,826 Total Exp8ndrtur• 7,627 5,523 GRANTS l Loa One off ExFen8es 838 Surplus I (Defiol) Fund• Bal•n¢• at Yoar End Page 11