2025-12-31-accounts

IOCESE BLACLBURn OF ST CUTHBERT'S CHURCH Lytham Road, Fulwood, Preston ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL 2025 1111 .._Ii. i VISION9026 ÉALD4YCHUACHESTRAM5FI￿1￿.cCOmMuNIF￿S

Table of Contents INTRoDU￿l0N........................................ AIM AND PURPOSES OFTHE PAROCHIAL CHURCH COUNCIL pcc ACHIEVEMENTS AND PERFORMANCE...................................................................................................... CHAIRMAN'5 REPORT2025..................................................................................... ..................................... KEY MINISTRY SUMMARIES........................................................................................................................... CHURCH CENTRE REPORT........................................................................................................ ................... 11 STRucfuRE GOVERNANCE AND MANAGEMENT................................................................................... 12 POLICIES .12 CONSTITUTION OF PAR¢XHIAI CHURCH COUNCIL WITH EFFECT FROM THE APCM HELD ON 04 MAY 2025..................... 12 ADMINESTRATIVE INFORMATION................................................................................................................... 13 SAFEGUARDING REPORT............................................................................................................................. 13 FINANCIAL REVIEW............................................................................................................................... 14 STATEMENT OF PAROCHIAL CHURCH COUNCILS, RESPONSIBILITIES........................................................................ 15 STATEMENTOFFINANCIALAcnvmES............................................................................................................ 16 BALANCE SHEET.. ............................................................................................................................ ........ 18 NOTE I: BASIS OF PREPARATION .. . ............................................................................................................. 19 NOTE 2: AccouNTING POLICIES............................. ...................................................................................... 19 NOTE 3: ANALYS15 OF INCOME- GENERAL FUND.............................................................................................. 21 NOTE 4: ANALYSIS OF EXPENDITURE ..................................................................... .22 NOTE 5: DETMLS OF CERTAIN ITEMS OF EXPENDITURE........................................................................................ 24 NOTE 6: PAID EMPLOYEES........... ..................................................................................... ......................... 24 NOTE 7: DEFINED CONTRIBUTION PENSION SCHEME . .25 NOTE 8: TANGIBLE FIXED AsseTS.................................................................................................................. 25 NOTE 9: DEBTORSANDPREPAYMENTS........................................................................................................... 26 NOTE 10-CASH IN BANKAND IN HAND............................................. ........................................................... 27 NOTE 11: CREDITORS AND ACCRUALS................................................................................. .27 NOTE 12: MOVEMENTS ON RESTRICTED AND DESIGNATED FUNDS........................................................................ NOTE 13: CONNECTED PARTYTRANSAclloNS...................... ........................................................................... 29 INDEPENDENT EXAMINER'S REPORT T THE MEMBERS TRUSTEES OF ST CUTHBERfs CHURCH PRESTON St Cuthbert's PCC Annual Report 2025 Page.. 2

Introductlon This is the Annual Report of the Parochial Church Council IPCCI of St. Cuthbert's Church. Fulwood, Preston. registered charity. In this report we describe our mission and the aim and purposes of the PCC. our achievements and provide the financial report5 for the church. The report is designed to be read by anyone who is interested in the work of the church as well as to fLblfil our reporting obligations to the Charity Commlssion. Detalled reports from the individual ministries in the church and for associated organisations can be found in an Annex to this report. The Parlsh Mlsslon Ststement Fired by the love of God, we seek the transformation of Fulwood, Preston and beyond. st Cuthberts PCC Annual Report 2025 Page.. 3

Alm and purposes of the Parochlal Church Council (PCC) A5 defined in the PCC Measures of 1956 as amended in 1969, the PCC of St Cuthbert's Church Ithe Parish Church of St Cuthbert, Fulwood, Preston) has the responsibility of co-operating with the Incumbent in promoting within the ecclesiastical parish the whole mission of the Church. pastoral, evangelical, social and ecumenical. The PCC is also specifically responsible for the maintenance of the Church CeTht￿ complex of St. Cuthbert's Church, Lytham Road, Fulwood, Preston. Objectives and Actlvitie5 The PCC is committed to enabling as many people as possible to worship at our church and to become part of our parish community at St. Cuthbert's. The PCC maintains an overview of worship throughout the parish and makes suggestions on how our services can involve the individuals and many groups that live within it. Our services and worship put faith into practice through prayer and scripture, music and sacrament. When planning our activities forthe year, the trustees have complied with the duty to have due regard to the Charity Commission's guidance on public benefit and, in particular, the supplementary guidance on charities for the advancement of religion. In particular, we try to enable ordinary people to live out their faith as part of our parish community through: the advancement of religion for the public benefit Weekly, public worship services in the Church Centre that are open to all who wish to attend with no quirement for any commitment to be made, financial or othen￿lSe, in return. Regular attendees are encouraged to help support activities and each other by volunteering and providing financial support to charitable artivitie5 Public rituals and ceremonies are provided, such as weddings, baptisms and funerals Worship and prayer meetings,. learnin8 about the Gospel,. and developing peoples, knowledge and trust in Jessjs Weekly education is provided for children and teenagers that contributes to their spiritual and moral education Provision of Children and Youth oriented church activities and a Toddler Group Provision of pastoral care for people living in the parish, includlng forthose who cannot attend the church premises, whether as a result of age, infirmity or ill-health. Support is also provided to attendees / members through prayer, conversation and friendship Small groups open to all who wish to attend regularly meet to study the bible and provide each otherwith friendship and other mutual support Development of activities and service5 for the benefit of local people and as a vehicle to offer support and comfort to those in need Missionary and outreach work and supporting other tharities in the UK and overseas. The Trustees set policies and controls to maintain appropriate safeguarding standards are met Any activities where charges are required have the charges waived where beneficiaries are unable to meet the cost To facilitate this work, we maintain the fabric of the Church of St Cuthbert and the Church Centre Complex. St Cuthbert's PCC Annual Report 2025 Page: 4

A¢hltvements and perfomiance Chairman's Report 2025 Isaiah 43.18-19 'Forget the former things: do not dwell on the past. See, l am doing a new thing. Now it Springs up; do you not perceive it? l am makinE a way in the wilderness and Streams in the wasteland., Introductlon As we reflect on the past year at Sr Cuthbert's, we do so with gratltude and expectancy, holdin8 on to the promise of Ephesians 3:21F21 that God is able to do immeasurably more than all we ask or imaBine. Thi5 year has been one of transition, growth, challenge. and renewed vision. We have seen encouraging signs of splritual hunger. strengthening ministry teams, deepening community engagement, and new opportunities for outreach. even as we have navigated leadership changes and financial pressures. Throughout it all, we remain committed to our calling to be a church 'fired by the love of God,, blessing the generations, rooted in prayer, and seeking God's renewing work among us, in Fulwood, and beyond. In 2025. it has been another year of encouragements and challenges. both personalfy and for u5 as St Cuthbert's, serving the King of King5 here in Fulwood. Through it all. l am ￿mInded of God's farthfulness. We have had various people steppin8 aside andlor movin8 on, includln8 our PTO, Revd Chris Jackson, who has served us so faithfully since retiring to Preston some 15 years ago land who retains his PTO should we require him to minister in the future): Revd Martin McDonald. who has followed God's call to Serve a5 Associate Minister at St Anne's, Woodplumpton- and, of course, our CYF Co-ordinator, Jacob Harrison, who has moved on to become an Assistant Pastor at King's Church In Bolton. Thls was a fantastic opportunity for Jacob and his family, though it was naturally sad for us to lose such a valued member of our community. Yet God has been so faithful in providing people at just the right time to Step forward into leadership roles, including Je2 Calder and Paul Hayhurst, who have enrolled on the Diocese ALM IAuthorised Lay Minister) Course, and Vicki Grisdale, who is undertaking the MPower Urban Leadershlp Minlstry Training. Not to mention the many people who have stepped up in variou5 ways. both in background and frontline ministries, serving people of all age5 and backgrounds includin8 those who have taken on additional responsibilities since Jacob's departure. In addition. our finances and building are beginning to place a strain upon us. Yet, once again. God has been faithful in providin8 at just the right time. During 2025. before we could explore our vision for the next phase, I sensed God encouraging and reminding us to focus on bein8 a 'healthy church.. This became a common theme throughout the year, which I will brie reflect on using the framework of UP, IN & OUT. up 2025 has been a year in which we have journeyed towards greater stability in our 9.CM)am and 10.30am congregations and in the worship offered there. The year began by returning to our prayer foundations of ACTS (Adoration. Confession. Thanksgivin& and SLtpplicationl. St Culhbert's PCC Annual Report 2025 Page.. 5

In response to the financlal sltuation we found ourselves in, we explored generosity during Lent. This was followed in the spring by our'Being a Healthy Church, series, focusing on the book of Acts, and in the autumn we turned to Ephesians. During the summer, many people engaged enthusiastically with the Psalms reading challenge, which also shaped our Sunday teaching throughout that season. In addition, we have continued our Prayer Gatherings and Worship Nights, which have drawn people from across Lancashire and have been a real blessing. IN Probably the most vital thing we can do as a church is discipleship. l am incredibly grateful to all our Life/Small Group leaders and to all who lead and support our CYF groups on Sunday5 and throughout the week. In all honesty. it has been challenging to support these groups in the way that has been needed. To that end, l am especially grateful to Jez Calder for taking on the production of the Life Group notes. Throughout 2025, it appears that we are in the midst of a move of the Holy Spirit across the nation, often referred to as 'the Quiet Revival,. Therefore, the need for us to be spiritually healthy with passionate, committed, and mature Christians who can disciple people of all ages is absolutely vital. OUT Mission and evangelism are often the hardest areas to measure, but we have much to be encouraged by. The Community Hub continues to flourish, with many new people connecting through Renew, Talk English, Tuesday Hangouts, Toddlers, and Community Lunch. Jacob and I have continued to build relationships with Fulwood & Cadley Primary School, Queen's Drive Primary, and Archbishop Temple CofE High School. Through the 'No More Knives, tour, further opportunities have opened up at Fulwood Academy and Our Ladws Catholic High School and the potential here is significant. Alongside Messy Church, Light Night continues to attract good numbers from our community- Carol singing at the Plungington Pub wa5 a150 a particularly special occasion. In addition, Alpha began in January, and we have had the joy of seven people Signing up who were not in church six months ago. Looking ahead, 2026 will be significant, a5 It marks the Diocese Centenary. We are being encouraged to hold a Mission Weekend from 11-13 September 2026, so please watch this space for further details. My hope is that we will all grow in confidence as witnesses in 2026. After all, we carry the greatest news in the world Jesus. Let us pray for boldness and confidence as we live out and share Jesus in our community. Conclusion and Summary As we look back on 2025, we See a year marked by both stretching and Strengthening. There have been challenges in leadership transitions, in finances, and in the pressure5 that come with growth yet through it all, God has been unmistakably faithful. We have seen stability deepen, ministries grow. new leaders raised up, and fresh opportunities for mission emerge. If there has been one consistent thread throughout the year, it is this.. God is shapin8 us into a healthy church. A church that is rooted UP in worship and prayer. A church that is growing IN discipleship, maturity, and spiritual depth. A church that is reaching OUT with courage, compassion, and confidence in the gospel. St Cuthbert's PCC Annual Report 2025 Page: 6

The words from Isaiah feel especially fitting.. "See, l am doing a new thingl" We may not yet see the full picture of what lies ahead, but we can clearly see that God is at work among Lts. Seeds are being planted. Falth Is growing. Doors are opening. As we move into 2026 - with the Diocese Centenary and new mission opportunities before us - we do so not in our own strength, but in confident dependence on the Lord. Our calling remains simple and profound: to be a church fired by the love of God, blessing the generations. rooted in prayer, and faithfully sharing Jesus in Fulwood and beyond. Let us continue to seek Him wholeheartedly, trust Him fully, and step forward together into the 'new thin He is doing. St Cuthbervs PCC Annual Report 2025 Page: 7

Key Ministry Surnmaries The PCC is grateful to the many members of the church family that contribute to the life and artivities that make St. Cuthbert's community so vibrant. From the most visible roles to those that are carried on quietly in the background. we thank you for hearing God's call and responding. Manyof these voluntary activitie5 are carried out by Ministries that the PCC has established to help implement its objettives and responsibilities. This section contains a summary of the core aims of each Ministry and a brief report on their activities. More details and other team reports can be found in the Annex. Worshi and Disci le5hi Core aims.. Ensure prayer is at the heart of everything we Nurture and develop Readers, Speakers, Preachers and Service leader5. Grow and develop our corporate worship. Recruit and train worship teams. Develop Life Groups and their leadership. Promote learning opportunities for discipleship across the church family. The Worship and Discipleship Ministry team comprises clergy and occasional leaders and preathers supplemented by members ofthe YFCteam, mu5Kians and Ilfe group leaders. The 9am Sunday service offers a reflective, liturgical format and has seen a steady growth in numbers over the year. The service leadership has been enriched through the addition of more worship leaders and the introduction of new service leaders and speakers. The slightly larger 10:30am service offers the opportL¢nity to worship in a more contemporary, charismatic environment and is developing its Worship and providing opportunities for groups to engage in new ways in the worship life of the churth. The Worship Group has provided a strong lead across the normal weekly services as well as at the key Easter and Christmas Se￿ICe$ and other festiva15 during the year. We continue to experiment with new forms of worship and prayer to engage the widest possible groups atross our community. The Life Groups have continued to meet independently and together as they studied materials relating to the sermon series in church. Local Outreach Communl Hub Core aims: Seeks to oversee the outreach and engagement of the church with our local Communlty. In our local mission, we are seeking to embody the 5 Marks of Mission where we live.. To proclaim the Good News ofthe Kingdom To teach, baptlse and nurture new believers To respond to human need by loving service To transform unjust structures of society, to challenge violence of every kind and pursue peace and reconciliation To strive to safeguard the integrity of creation, and sustain and renew the life of the earth The Community Hub continues to thrive with many actlvities falling under its umbrella. Five of the main activities are described in a little more detail below. Each of the activities depends on the volunteers that support them and without whom they could not function. We are very grateful for their time and commitment. Toddler group: continues to attract a strong regular attendance of people mainly from the local community. St Cuthbert's PCC Annual Report 2025 Page.. 8

Talk English: the Talk English group continues to thrive, averaging over 30 attendees every week and peaking at a record of 50 in the Autumn. The students come from a wide range of COLtntries acr05S the world and are supported by a dedicated team of volunteers who run cultural and educational events and outing5 to supplement the core activities of the group. In addition to the core English-learning activities, the volunteers also provide a wide range of support to the student5 to help them with their day-to-day needs. Renew Fulwood: continues to thrive with the number of regular visitors continuing to grow. The blend of activities. individual interactions and prayerful support combined with light refreshments is valued by all who attend and provides a real contribution to their well-being. Community Lunch: the bi-monthly Community Lunch is attracting a growing number of diners from the local community who value the combination of good food, warmth and support provided by the volunteer5. Schools: the work with local schools continues with our CYF co-ordinator having regularly provided input to assemblies and lessons, running a weekly lunchtime IEnite group at a local secondary school, as well as organising events for the schools in the church buildings. Mission Partnershi Core aims.. To financially and prayerfully support our mission partners in the UK and around the world, and to build strong links between them and the church. Leader.. Jenny Fullalove This year saw the start of a new 3-year cycle of support for our mission partnership link5 from 2025-2027. As a church we are now supporting 4 mission organisation5 With the tithe from St. Cuthberts & upholding them in our prayers throughout the year, as well as welcoming speakers from the organisations to share in our services. Pastoral Care Core aims= Meet individual's needs Focus on the need for healing Leader: Lynne Wood The pastoral care team has grown thi5 year. Two new members have joined us, which is good news. We now have six members. Train and develop those called to pastoral care Follow up new church members The team assists in distributing Holy Communion to some of our church family who are unable to attend church. James, our vicar, ha5 acconipanied us on some visits, in order to meet these church members. Some of our team also assist with the Communion services at a local care home. Meals continue to be provided to church members when we are aware of a need. Prayer ministry after services has declined, due to lack of volunteer5. A prayer chain that engages a wide group of the church membership is in frequent use and is running well. We encourage all members of the fellowship to alert the team to any needs they become aware of, so that we can offer support. St Culhbert's PCC Annual Report 2025 Page.. 9

Children Youth and Famllles Core aims= Nurture and develop children and young people Link, direct, and support all youth organisations across the fellowship Leader: Jacob Harrison Parentlng support Child protection and child friendly policies The Children, Youth and Family ICYFI Ministry, led by Jacob Harrison and 5UPPOrted by a committed team of leaders and helpers, has continued to increase its impact on the lives of young people in the church and the local schools and community- The rich range of children and youth groups on a Sunday and during the week (Tuesday Hangout and The Wayl has seen our young people developing their relationship with God as their understanding ofthe faith develops. Highlight5 of the year included a Youth Residential weekend and Summer Holiday club which were both well-attended. We continued to develop our links with the local primary and Church of England setondary schools. Jacob was invited on several occasions to do assemblies and lesson5 at the primary schools and to help with the running of the Christian Union and some lessons at the secondary school. Jacob also visited Our Lady's Catholic High School, Fulwood Academy, and Corpus Christi to support the Message Trust's No More Knives tour. As a follow-up, around 30 young people attended a film night later that week. The No More Knives tour also ran again in January this year, with Jacob visiting Our Lady's School onte more. Pro Core aims: Health & Safety, buildings and maintenance Ensure buildings are fit for purpose Advise PCC of issues relating to the fabric of the buildings Leader.. Anton Mooney The Property Team have completed about 70 jobs ortasks in 2025. These have been a combination of general maintenance work such as painting and reactive repairs such as plumbing issues. We have also advised and a5515ted the Wardens and PCC in grant applications and work or projects involving outside contractors. We have a number of planned maintenance activities that are either just Starting or will take place in 2026 as we continue to maintain our estate in a safe and attractive state. Ensure that accessibility meets legislation Quinquennial review Encourage membership of the Team to ensure future care of the Church Centre. Finance Core aims- Support the Treasurerlsl Promote financial learning and understanding across the fellowship Approve annual budgets for each Team Develop a medium-term financial strategy Leader.. Matt Southword The Finance Team, led by the Treasurer, draws on a number of individuals across the church to make sure that our finances are properly handled. The team also plays a key role in communicating the financial State of the church and encouraging additional 8iving and fundraising activities. Sl Cuthbervs PCC Annual Report 2025 Page.. 10

Infrastructure Core aims- Effective communication with the fellowship Maintain and develop mechanisms for effective communication within the buildings and remotely Events and public relations Liaise with other Teams, providing necessary support Leader: Dave Gethin The Infrastructure team has continued to provide invaluable support for our seNice leaders and for other events. The technology used has enabled our services to be run and streamed for those who can and cannot be physically present in the building. Some of the technology used is highly complex and we are grateful for the skills of the team who help to make it as easy a5 possible to use. Church Centre Report Leader= Toni Lawson, Operatlons Manager The Church Centre is a core asset of the church, providing both rental income from room hire and a valuable venue for many of our outreach activities. specifically the Community Hub. A wide range of organisations make use of the Community Hub, falling into four broad categories.. 5t Cuthbert's Outreach groups, Community Interest Groups, Local Business Groups and St. Cuthbert's Worship & Discipleship activities. We have a group of regular hirers and other5 that hire on an ad hoc ba515. Summary In 2025 we generated an income of £54,000 from room bookings. st Cuthberfs PCC Annual Report 2025 Page.. 11

Structurei governance and management The Parothial Church Council IPCCI is a corporate body established by the Church of England; it is a registered charity and operates under the Parochial Church Council Powers Measure. The method of appointment of PCC members is set out in the Church Representation Rules. At St Cuthberfs the membership con5iSts of the Incumbent (Vicarl, other eligible clergy, the Wardens, Deanery and Diocesan Synod members and elected members who are on the electoral roll of the church. Everyone who worships at church is encouraged to register on the electoral roll and Stand for membership of the PCC. The PCC members a￿ responsible for making decisions on all matters of general concern and importance to the parish including deciding on how the funds of the PCC are to be spent. New members receive training on how the PCC works. The PCC meets at least four times each year, with additional extraordinary meetings arranged when necessary. There 15 a standing committee comprising the Incumbent, Churchwardens, Treasurerlsl and Secretary and co-opted members who meet from time to time to deal with matter5 arising between PCC meetings. The PCC is the body of trustees responsible for the accounts and actlvities of the St Cuthbert's Church Centre in compliance with the Charities Acts Given its wide responsibilities. the PCC has set up a numberof Ministries to undertake various activities in the church, as described elsewhere in this report. Policies The PCC'S policies were reviewed in 2025 and a Donation Acceptance and Refusal Policy was added. Constitution of Parochial Church Council with effert from the APCM held on 04 May 2025 The table below indicates those who were in p05t from 4 May 2025. IFiEure in brackets denotes years to se￿e from 4 May 20251 Chairman Church Wardens The Reverend james Wallace Janet Roger5111 Martin Wootton111 Treasurer Secrets Matt Southword131 Mike Harwood131 Elerted PCC Members Jeremy Calder131 Corinne Cragg111 Hilary Elkins111 Jacob Harrison131 Gwen Moorby121 Andy Ramsay111 Shanthi Rasaratnam121 Alice Walker111 Ex Officio PCC Members The Reverend Liz Gethin Deane resentatives David Blake111 St Cuthbert's PCC Annual Report 2025 Page.. 12

Sidesmen and Side5women Welcomers Vicki Grisdale Pam Allen Eddie Cheung Jennifer Cheung Fiona Cookson Veronica Stanley-smith Corinne Cragg Anne King Joan Thompson Paul Hayhurst Eileen Critchley Jenny Fullalove Gwen Moorby Janet Murray Administrative Information St Cuthbert's Church Centre is situated at Lytham Road, Fulwood, Preston and is part of the Blackburn Diocese of the Church of England. The PCC is a registered charity number 1127997. The bank holding PCC accounts is the Royal Bank of Scotland The total population of the parish is approximately 26,500. The parish comprises the Clty of Preston Council wards of Moor Pa￿, Tulketh, Cadley and Greyfriars. There are 143 members on the electoral roll. The average Sunday attendance was 135 adults and 26 children. In 2025 there were 3 adult baptisms. 7 child baptisms. 3 adult confirmations, 11 child confirmations. 2 marriages, 9 funerals in Church and 3 funerals at the crematorium. Safeguarding Report The PCC oversees safeguarding in the life of the church, with the majority of the work delegated to the safeguarding Otticer, supported by others who assist with record-keeping and administration. The PCC reviews its procedures annually and seeks to ensure that the processes we follow provide everyone involved in church activities with the support and protection they need. We have continued a project to strengthen our record-keeping and to document, for each role, the necessary levels of checking and training required for safeguarding. Everyone involved in relevant roles undergoes DBS checks, and volunteers and officers complete the appropriate levels of the diocese's safeguarding training curriculum, enabling them to identify and appropriately respond to situations that might arise in the course of our activities. We have had no seriou5 safeguarding concerns. Any concerns that have been raised have been dealt with effectively and in a timely manner, giving us confidence that the training and knowledge in place at St Cvthbert's are working well. Safeguarding 15 everyone's responsibility and, with your help, it can continue to be effective at St Cuthbert's, ensuring it remains a safe place for all. Finally, as announced at the APCM last year, Julia Clayton stepped down from her role a5 Parish Safeguardirsg officer IPSOI. We are grateful for all she has done in this role in helping to make St Cuthbert's a Safe church. In the interim Revjameswallace and Church Warden Martin Wootton acted astemporary Pso'swith support from the diocesan safeguardin8 team until a replacement was found. In November 2025. Paul Hayhurst was appointed as our new PSO. St Cuthberts PCC Annual Report 2025 Page.. 13

Flnancial Review Public Benefit The Trustees are aware of the Charity Commission Guidance on providing public benefit and have had due regard to this in exercising their duties during the year. This advice has been referred to when reviewing the aims of the thurch and planning future activities that are for the public benefit. Risk mana ement The PCC examine5 the major risks that the ChLsrch faces eath financial year when preparing and updating its budget and activities plan for the forthcoming year. The PCC has developed systems to monitor and control these risks, both financial and non-financial to mitigate any impact they might have on the Church in the fLSture. Goln concern After making appropriate enquires, the board of Trustees has a reasonable expertation that the PCC has adequate resources to continue to operational existence for the foreseeable future. For this reason, it continues to adopt the going concern basis in preparing the financial statements. Reserves The Trustees have determined to aim for the General Fund to have a balance of no less than £20,000. At the end of 2025, the general fund had a balance of £37,787. At this point we still owed £16,691 to our 2025 parish share which was paid in February 2026 During 2025 St Cuthberts received 2 Food Grants totaling £6,300 allowing us to continue with the hospitality events we also received a volunteering grant that was £2,777. Events after the end of the re ortin eriod Room hire income still increase year on year Energy costs continue to be very high. Although we are coming to the end of these contract5 SO will hopefvlly be able to get better deals The Parish Share continues to increase year on year. but we have managed to get a reduction already for 2026 Maintaining and increasing giving continues to challenge although many givers have increased their giving, this has to some extent been offset by 1055e5 from the death of members and the departure ofother members from St Cuthbert's. The PCC considers that the reserves at the end December 2025 are sufficient to enable the charity to continue as a going concern- i.e. continuing operations will be maintainable for a minimum of 12 months from the date of approval of these accounts. Volunteers St Cuthbert's benefits from many hours of unpaid volunteer a5515tance. Given the diverse and unstructured nature of much of this work. no attempt has been made in these accounts to value the hours provided. St Culhbert's PCC Annual Report 2025 Page.. 14

Statement of Parochial Church Councils' Responsibilities

The Parochial Church Council is responsible for preparing the Annual Report and the financial statements in accordance with applicable law and regulations.

The Parochial Church Council is required to prepare financial statements for each financial year in accordance with United Kingdom Generally Accepted Accounting Practice {United Kingdom Accounting Standards and applicable law).

In preparing these financial statements, the Parochial Church Council should follow best practice and:

• select suitable accounting policies and then apply them consistently;

• make judgments and estimates that are reasonable and prudent;

• state whether applicable UK Accounting Standards have been followed, and

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Church will continue in operation.

The Parochial Church Council are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the Church and enable them to ensure that the financial statements comply with the applicable law, regulations, and Church of England regulatory requirements. They are also responsible for safeguarding the assets of the Church and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

St Cuthbert's PCC Annual Report 2025

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Statement of Financial Activities Unrestrlcted Designated Restricted funds funds funds Total 2025 Totol Z024 INCOME Voluntary receipts Planned giving Collections at Services All other giving/voluntary receipts Legacies Grants GSft aid recovered 85,679 9,858 18,674 704 104,353 10,562 103.760 12,111 5,700 4,260 9.960 22,755 7,858 22,663 131,758 9,077 5,363 38.078 16,935 28,026 169.836 10,937 24,904 174.467 Activities for generating funds Investment income Church activities Hire of rooms and related income Total receipts 551 8,411 54,072 194.792 ssl 10,331 54.072 234,790 651 6,524 53.772 235,414 1,920 39,998 EXPEND￿vRE Church activities Diocesan parish contribution Clergy and staff costs Church Centre expenses Douglas Hall expenses Vicar's house Office and governance costs Music, Sound. Light & Projection Mlssion giving and donatlons Resources and activities Flxed asset depreciation Cost of generatSng funds Total expenditure Exce551 Ideficitl of income v expenditure for the year Transfers between funds Fund balances at 01 January 2025 Fund balanos at 31 December 2025 60.000 43,771 32,943 8,118 5,231 8,159 1,308 9,374 6,391 60,000 66.576 40,388 8.118 5.231 8,159 1,308 9,374 22,624 706 79.980 63,445 40,257 15,710 4,406 7,197 1,567 5,569 27.191 2,871 22,805 7.445 16,233 706 175,295 706 46,483 222A84 248,193 19,497 -706 -6,485 12.306 -12,779 SCM) 17,790 37,787 -500 30.617 23,632 1.175,386 1,174,680 1,223,793 1,236,099 1,236,572 1.223,793 General General Fund Assets Jacob Leavlng Fund Asian Congregation New cafe and hub fund C&Y Co-ordinator (Resl Energy includin8 renewables Food grant fund Growing leaders Talk English 37,787 37.787 17,790 1,174,680 1.174.680 20 1,175,386 20 2,235 3,273 2,600 4,017 2,129 810 1.938 2,235 3,273 2.600 4,017 2,129 810 1,938 1,531 1,681 3.295 11262 2,891 810 1,955 St Cuthbert's PCC Annual Report 2025 Page.. 16

Volunteering Fund Kitchen fund Total funds 3,987 2.623 23,632 3,987 2.623 1,236,099 2,567 4,625 1,223.793 37.787 1,174,680 St Cuthbert's PCC Annual Report 2025 Page.. 17

Balance sheet As at 31 December 2025 2024 Fixed a55ets Larbd and Buildings Fixtures, Fittings and Equipment 1,174,400 1,174,400 280 986 1,174,680 1,175,386 Current Assets Debtors and prepayments Total cash in hand and at bank 10,028 6,025 55,711 52,905 65,739 58,930 4,320 10,523 61,419 48,407 1,236,099 1,223,793 Creditors falling due in < l year Net current assets Totsl assets less current liabilities Funds General fund 37,787 17.7S Fixed assets 1,174,680 1,175,386 Total designated funds Asian Congregation Jacob Leaving Fund Cafe/Community Hub Child and youth Energy fund Food grants Growing leaders Talk English Activities Kitchen Fund Volunteering Fund Total restricted funds 1,174,680 1,175,386 2,235 1,531 20 3,273 2,600 4,017 2,129 810 1,938 2,623 3,987 23,632 1,681 3,295 11,262 2,891 810 1,955 4,625 2,567 30,617 Total fund5 1.236,099 1,223,793 St Cuthberys PCC Annual Report 2025 Page.. 18

Notes to the accounts Note I: Basis of Preparation The PCC constitutes a public benefit entity within the meaning of FRS 102. The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of PCCS, and with the Regulations, "true and fair view" provisions. They have been prepared under FRS 102120161 as the applicable accounting standards and the October 2019 Second edition of the Charities Statement of Recommended Practice, Accounting and Reporting by Charities ISORP IFRS 10211. Note 2: Accounting Policies 2.1 Funds Unrestrirted Funds These represent the remaining income funds of the PCC that are available for spending on the general purposes of the PCC, including amounts designated by the PCC for fixed assets for its own use or for spending on a future project, and which are therefore not included in its'free re5erves'. The only 'free' reseNes held by the PCC relate to the General Fund itself. The PCC must match a variable income stream with expenditure commitments that are of a fixed nature. Consequently, the PCC considers that to allow the Church to be managed efficiently, and to provide an appropriate buffer to enable the continuation of planned activities and ongoing developments, it is appropriate to aim for a year-end minimum General Fund balance of £20,000. That target is exceeded at 31 December 2024. Designated funds Designated Funds are unrestricted funds which can only be used for the particular purpose of the designation by the PCC and are not available to be applied for the general purposes of the PCC. Restricted funds These are income funds that must be spent on restricted purposes, and details of the funds held and restrictions provided are shown in the notes to the accounts. 2.2 Income RetOEnition of Income Resources are included in the Statement of Financial Activities ISOFAI when: the PCC becomes legally entitled to the benefit of use of the resources It is more like than not that the PCC will receive the resources- and the monetary value can be measures with sufficient reliability. Offsetting There has been no offsetting of assets and liabilities, or income and expenses, unless required or pemiitted by the FRS 102 SORP or FRS 102. For example. income from church events is stated before the deduction of any the expenses of putting on those events. Grants and donations Grants and donations are only included in the SOFA when any preconditions preventing their use by the PCC have been met. For collections and planned giving, this is when the funds are received. st Cuthbert's PCC Annual Report 2025 Page.. 19

2.2 Income continued Tax reclalms on donations Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered in a donation is considered to be part of that gift and is treated as an additlon to the same fund as the initial donation, unless the donor or the terms of the appeal have specified othe￿iSe. Legacies Legacies are Included in the SOFA when the receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient receipt5 in the estate and any conditions attached to the legacy are either withirb the control of the charity or have been met. Volunteer help The value of any voluntary help received is not included in the accounts but is described in the trustees. annual report. Rentsl Income Rental income from room hire is recognised at the date the hire takes place. Cancellation fee5 are recognised when a hirer's liability arises. Interest income This is included in the accounts when receipt is probable and the amount receivable can be measured reliably. 2.3 Expendlture and liabilities Liability recognition Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources, and the amount of the obligation can be measured with reasonable certainty. Governance costs These include costs of the preparation and examination of statutory accounts, the costs of trustee meetings and cost of any legal advice to trustees on governance or constitutional matters. Deferred income No material item of deferred income has been intluded in the accounts. Credltors The charity has creditors which are measured at settlement amounts less any trade discounts. Provisions for liabilities A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date. Basic financial instruments The charity accounts for basic financial instruments on initial recognition as per paragraph 11.7 FRS 102 SORP. Subsequent measure is as per paragraphs 11.17 to 11.19 FRS 102 SORP. St Cuthbert's PCC Annual Report 2025 Page: 20

2.4 Assets Consecrated property In so far as consecrated and benefice property of any kind is excluded from the statutory definition of 'chaflty' by Section 10121 lal and Icl of the Charities Act 2011. such assets are not capitali5ed in the financial statements. Movable church furnishings These are capitallsed at cost and depreciated over their useful economic life other than where insufficlent cost information is available. In this case the item is not capitalised, but all items are included in the church's inventory in any case. Tangible fixed a55ets for use by the charity These are capitalised If they can be used for more than one year, and cost at least £l.000. They are valued at cost except for the Douglas Hall, for which full historic cost information is not available. The depreciation rates and methods are disclosed in note 8. Debtors Debtors lincluding trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received. Note 3: Analysis of income- General Fund Planned Giving and Gift Aid In 2025 we had 73124 on Parish Giving Scheme & 49 standing order and onlinel,12024, 701 regular planned givers of which 4412023. 761 were eligible and chose to allow us to claim Gift Aid. We continue to ensure that we realise as much as possible of the potential benefit from Gtft Aid, including the Glft Aid Small Donations Scheme IGASDSI. The GASDS cap is currently £8,000 in each tax year ending 5 April, and we had donations above E8,000 in 20251£8.000+ in 20241, allowing the maximum £2.000 to be claimed in addition to the normal Gift Aid provision. The following tables provide analysis of certain items of income shown in the SOFA: 2025 2024 Planned Gift Aided giving Planned Not Gift Aided giving Planned 3rd Party Tax Efficient Giving Total planned giving, general fund 73,374 8,878 io 80,740 10,854 4,000 95,594 82.262 We have continued to encourage donors to transfer from the various electronic means of giving promoted in 2020 (with related cost51 to the Parish Giving Scheme, which we joined in 2021, membership of which 15 paid for by the Diocese. Payments are taken by direct debit from donors, accounts atthe start of the month. with the total quickly paid to us along, and the related Gift Aid following soon after. This brings significant benefits in terms of reduced administration time for the Gift Aid Secretary* accelerated receipt of the Gift Aid tax refund, and the absence of bank charges / collection commission to pay. st Cuthbert's PCC Annual Report 2025 Page- 21

Analysis of certain items of income shown in the SOFA (continued)= 2025 2024 Bookstall Fund raising events Activities for generating funds 86 86 2025 2024 Events income Toddler Group Income 564 2,155 1,844 2,077 Analysis of certain items of income shown in the SOFA Icontinuedl.. Diocesan Fees Musician Fees PCC Fees 2,121 600 1,544 4CI) 558 2(Xl 603 Verger Fees Insurance Claim Church Artivities 6,984 6,524 2025 2024 Church Centre Hire Douglas Hall Hire Incidental sales 38,073 15,078 921 39,111 13,943 718 Underlying income Rechargeable expenses Hire of rooms and related income 54,072 53,772 54,072 53.772 Room hire totalled £51.930 in 2019. At the end of 2025 room hire was £54,072. Note 4: Analysis of expendlture The following tables provide analysis of certain expenses shown in the SOFA: Z025 2024 Cleaning Utilities- ga5, electricity and water Insurance Major Repairs Misc Running Expenses Repairs & Maintenance Church Centre Expenses 2,656 16,109 1,562 4.590 99 7,927 32,943 2,851 21,519 1,608 7.482 535 6,262 40,257 Sl Cuthbert's PCC Annual Report 2025 Page= 22

Analysls of certain Items of expenditure shown In the SOFA (continued)= Douglas Hall 2025 2024 Cleaning Utilities-gas, electricity and water Insurance 45 22 6,326 1,562 7,019 1,608 6,675 Major Repairs Repairs & Maintenance Douglas Hall Expense5 185 8,118 15.710 Vicarage 2025 2024 Council Tax 4.860 3,458 740 Misc Interregnum Costs. Gas, Elec Vicarage Maintenan Water Rates 371 Vicaws house Expenses 5,231 4,406 2025 2024 Phone & Intemet 672 675 Printin& Stationery, Postage & Software 5,684 372 61 270 I,ioo 8,159 2,520 Bank & Other Commission Charges Governance 50ftware Miscellaneous governance costs Independent examiner Office and governance costs 464 161 139 1,032 4,991 2025 2024 Music, Sound, Light & Projection 1,308 1.567 Sl Cuthbervs PCC Annual Report 2025 Page.. 23

Analysis of certaln items of expenditure shown in the SOFA (continued).. Mission Partners 2025 2024 Church Mission Society Elam Life Now Mercy UK Mission India OM Belgium The Isaiah Trust Renew Communion Nord Africaine International Justice Mission UK Mission giving and donations 2.400 1.541 769 41 1,691 1,691 -1,555 1,391 2,2(X) 2,374 2,4CM) 9,374 5,569 2025 2024 Events Expenditure Toddlers Resources Child & Youth Resources Hospitality Other Resources Pastoral Resources Services Resources Evangelism Expenses Resources and activities 711 198 243 2,388 725 1,255 272 3,503 27 1,524 2,126 6,391 7.387 Note 5: Details of certaln Items of expenditure 2025 2024 Independent examiner's fees I,ioo 1,032 Note 6: Paid employees 6.1 Paid employees 2025 2024 Salaries and wages Social security costs - Nil as covered by employment allowance Pension costs (defined contribution scheme) Other employee benefits- Nil Total staff costs 64,995 61,923 1,324 1,249 66,319 63,172 St Cuthbert's PCC Annual Report 2025 Page.. 24

Note 6: Pald employees continued No employees received employee benefits lexcluding employer pension c05tsl of more than £60,000 pa. The employment costs of the Child, Youth and Families worker are allocated to the Child & Youth restricted fund. All other employment costs are allocated to the General Fund. The above analysis does not include the employment costs of stipendiary clergyi who are paid by the Diocese. The parish share of £76,691 is determined by the Diocese each year as the contribution that the PCC makes towards the costs of Clergy stipends, housing, the Training of Curates, and Diocese expenses. In 2025 after a meeting between the treasurer, vicar, church wardens and the Diocese it was aEreed the we would get a discount of £15,334 off the original amount of £92,025. 6.2 Average head count in the year 2025 2024 Number Number Numberof employees Three employees are part-time. Note 7: Defined contribution pension scheme 2025 2024 Amount of tontribution5 recognised in the 50FA as an expense 1,324 £1,072 Pension contributions are paid by the charity to the Government-backed NEST pension scheme. Note 8: Tangible Fixed Assets 8.1 Land and Building5- Douglas Hall FRS 102 states at paragraph 2.27 that an asset must be recognised in the accounts where.. lal it is probable that any future economic benefit a550ciated with the item will flow to or from the entity,. and Ibl where the item has a cost or value that can be measured reliably. Historical c05t information is not available for the Douglas Hall either forthe land or the building. The 2017 accounts included a valuation of £352,178 described as its "estimated rebuild value" based on the 2005 insurance valuation and the cost of additions to 2009. The 2018 accounts were prepared on the Receipts and Payments basis and carried no value for any fixed assets. There is no cost information available for the land. With the passage of time and inflationary effects in building costs, the valuation used in the 2017 and earlier accounts is no longer appropriate. The 2019 insurance renewal contains a cover valLEe of £1,174,400. The PCC does not consider it appropriate to use charity funds to obtain a professional valuation of the Douglas Hall, either for the land alone or for the land with building in place. For the building, the trustees determined in early 2020 to adopt the value indicated by the 2019 insurance renewal documentation. No value is included for the land. St Cuthbert's PCC Annual Report 2025 Page.. 25

8.2 Depreciation The valuation for the Douglas Hall is not depreciated. as the trustees foresee it having a useful life greater than 50 years. The cost of Chair5 and Mobile Screens purchased for the Centre is being depreciated straight line over 20 years15% pa of costl. Other fixtures, fittings and equipment are depreciated straight Ilne over flve years {20% pa of costl. 8.3 Cost or valuation Freehold & Land Fixtures, Fittings & Equipment Total At the beginning of the year Additions Disposals At the end of the year 1.174,400 56,125 1.230,525 1,174,400 56,125 1,230,525 8.4 Depreciation Freehold & Land Fixtures, Flttings & Equipment Buildings Total At the beginning of the year Charge for the year Eliminated in respect of disposals At the end of the year 55,139 706 55,139 706 55,845 55,845 8.5 Net Book Value Freehold & Land Fixture5, Fittings & Equipment Buildings Total At the beginning of the year At the end of the year 1.174,400 1,174,400 986 1,175,386 1,174,680 280 Note 9: Debtors and Prepayments 9.1 Analysis of debtors 2025 2024 Trade debtors Accrued income Prepayments Total 9,493 2.704 2,713 535 10,028 6,025 St Cuthbert's PCC Annual Report 2025 Page.. 26

9.2 Analysis of debtors recoverable in more than l year lincluded in debtors above) Debtors retoverable in more than l year were £0 at December 20241£1,956, 20221. Until December 2019, the Diocese of Blackburn permitted payments of Diocesan fees to be offset against Parish Share within each year. This was a concession that is not allowed by many other Dioceses. From 2020, it required that such fees are paid over quarterly, with credit being granted against the Parish Share that is due two years later- e& the £1,175 paid for 2023 will be offset against 2025 Parish Share. Note 10- Cash in bank and in hand 2025 2024 Payment Cards Cash in Bank Cash in Hand Total 1,535 53,794 382 2,191 50,714 55.711 52,905 The church uses Equals (formerly trading as FairFXI to provide payment cards to certain employees and the clergy, to reduce their need to finance PCC expenses from their own resources pending reimbursement. The balances held by Equals are a combination of funds allocated to individual cards and a holding account for funding card top ups. There are two bank accounts, used for different purposes and with different a(￿$S rights, both held with the Royal Bank of Scotland: the Church Centre account- this receives payments for room hire and pays out the running costs of the church buildings. The Church Administrator and Treasurer have access to this account to raise payments and monitor receipts. Before payments can be made, they need to be approved by a designated signer or the Gift Aid Secretary,. and the PCC account- this receives donations and pays salaries and payroll expenses. The main access rights are held by the Treasurer and Gift Aid Secretary. Before payments can be made, they need to be approved by a designated signer or the Gift Aid Secretary. Both accounts are used from time to time for certaln non-confidential transactions, such as payment of the Parish Share to the Diocese. The Treasurer monitors the levels in the accounts to ensure funds are available in each as required to meet liabilities as they fall due Note 11: Creditors and Accruals 11.1 Analysls of creditors 2025 2024 Trade Credltors 895 6.973 3,550 Accruals and deferred income 3.425 Taxation and social security Totsl 4.320 10,523 Sl Cuthberys PCC Annual Report 2025 Page: 27

Note 12: Movements on Restricted and Designated Funds Opening Balance5 Closing Balances 0110112025 Income Expenditure Transfers 3111212025 General Fund Assets 1,175.386 -706 1,174,680 C&Y Co-ordinator IRes1 Talk English Asian Congregation Energy including renewables Jacob's Wedding Volunteering Fund Growing leaders New cafe and hub fund Food grant fund Kitchen fund 3,295 1,955 1,531 11,262 23,727 570 -24,422 -87 2,600 1,938 2,235 4,017 20 -500 704 -7,245 -910 930 2,567 810 2,777 -1,357 3,987 810 1,681 2,891 4,625 4,265 6,300 -2,673 -7,062 -2,002 -725 3,273 2,129 2,623 General Fund 725 30,617 39,998 -46,483 -500 23,632 Asian Congregation This is a fund set up in 2019 for an Asian Congregation that meets in the Church Centre on a monthly basis. It was originally overseen by Rev Kamran Bhatti but is continuing since he left. Collections at their meetin8S cover the cost of food provided. 20% of income was transferred to the General Fund as a contribution to building expenses. Cafe and community hub fund This was created as a vehicle for transactions relating to the café space in the Northumbria Hall. Original donations for opening costs were used to set the fund up, and various grants have been received. Income and expenses for the coffee machine are included. 20% of income was transferred to the General Fund a5 a contribution to building expenses. Chlld & Youth Co-ordinator The funds used in the year reflect Jacob's employment Costs, his expenses and general running c05t5. With continuing monthly givin& there are sufficient funds for the work to continue well into 2024. 20% of income was transferred to the General Fund as a contribution to building expenses. Energy One donor originally gave to this fund to help with meeting the additional energy costs incurred in 2022. Donations have continued into 2023. The sum of £5,000 was transferred into the Child and Youth fund during the year and the remaining balance has been left to be used for future energy costs and / or a move towards adding technology l equipment to support the move to Net Zero. Food grants Food grants have been received from local authority funds to provide meals and food parcels for local residents in need. St Cuthbert's PCC Annual Report 2025 Page- 28

Growing Leaders Funds obtained as grants were used to pay for running costs for this year-long leadership course. Funds left over have been retained for future courses New Wine Lancashire We hold funds for the Lancashire area New Wine leaders group and use them to pay for resources that that group uses. Talk English St Cuthbert's provides an accountancy umbrella through a festricted fund for a Broup that is financed bv grants from local benefactors for assisting asylum seekers and refugee5 to learn English. 20Yo of income was transferred to the General Fund as a contribution to building expenses. Various welcome and leaving gifts Restricted funds are set up to collect donation5 towards gifts, which are then paid out to the beneficiaries. Note 13: Connected Party Transactions There were no connected party transactions Other than as described below. Personal expense payments have been made by the PCC to Trustees for the following expenses: Mileage and travel, Rev James Wallace £169.20. In 2023 our previous incumbent Rev Mark Bradford claimed Mileage and Travel £584.99 and contribution to mobile telephone and broadband expenses, Rev M Bradford, total £282.80. No trustees have received any employment benefits for their seNices as trustees. St Cuthbert's PCC Annual Report 2025 Page.. 29

Independent Examinerfs Report to the membersltrustee5 of St Cuthberys Church, Preston I report on the accounts for the year ended 31" December 2025 which are set out on pages 14 to 29. Respertive Responsibilities of the PCC and the Examiner The charity's trustees consider that an audit is not required for this year under section 144121 of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to examine the accounts under section 145 of the 2011 Act; follow the procedures laid down in the General Direction5 given by the Charity Commi55ioners section 14515llbl of the 2011 Act: and State whether particular matters have come to my attention Basls of Independent Examinerfs Statement My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accountin8 records kept by the charity and a comparison of the accounts presented with those records. It also includes Consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide al the evidence that would be required in an audit, and consequently on opinion is given as to whether the accounts present a 'true and fair view, and the report 15 limited to those matters set out in the statement below. Independent Examinerfs Statement Since the gross income for the year exceeds the amount provided in section 145131 of the Art. I confirm that l am qualified to act as Independent Examiner under the provisions of that section of the Act and that my qualification is shown below. In connection with my examination. no matter has come to my attention.. 111 which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with 5.130 of the 2011 Act- or to prepare accounts which accord with these accounting records have not been met: or 121 to which, in my opinion. attention should be drawn in order to enable a proper understandin8 of the accounts to be reached. Signed Date Isl. CklFIRI A CCOL>NT At-4 20 ioFJ LAI St Cuthbert's PCC Annual Report 2025 Page: 30