The Parochial Church Council of Hardington Vale Annual Report and Accounts Year ended 31 December 2025 Re8lstered Charity No I1278 Prepared by N J Brown FCCA Reviewed by Anthony Day FCCA l Reiiredl Contents Income & Expendlture Balance Sheet Independent Examiners Rert Notes Parlsh Funds Banks. Debtors & Creditors Appendltss General Fund- Detailed Intome General FuTrd- Detailed Expenditure Frlends Fund- Incorne Friends Fund- Expenditure Restricted Fund5 Parish Magazines
H¥rdln8t4)n ValeGeneral Fund Pwl 12 Month5Accounts to 3tst iknmber 2025 12 Months Total 12 Months Totsl Frknth Fynds Funds 20Z5 2024 Ne IrKOMING RESOURCES Voluntary Inrome Grant tlvstiesfvrEeneratinB Funds Parish Maeazir 2131 107,234 1.213 121.897 3,807 48.857 157,305 121,897 11.602 12.473 378798 21bl 21¢1 7,795 1220D 14888 12,473 TOTALINC0MIfr AE50URCES 107,234 12.473 126.917 56.651 303,276 RESOURCES EXPENDED CommoTh Fund thatable Donatsons Mlntsty Expenses Famlly Worker Electrfdty. fjès, 011 & Water 70A28 2,402 15,781 76,233 2,402 16,856 74317 2249 14879 194 8316 7665 281416 30 8.587 37 175 974 9,561 9,17fj 145518 9.059 intenance & aeanrn Herita8e Grant Muslc,:Au¢lo &Visual Church Actimties 112,829 32.513 664 346 I,oio 666 10.426 8.485 Lg41 8W9 22340 8160 nance& Inwrance 569 60 22 Aower Fund Roundln8S YOTALiIE50URCE5EXPENDED 321 343 99,708 9.059 H+G 3,414 121.506 51.415 281, 421033 NET INCOMIFIG REWURCE$ 8EFOAE OThERRÈcoGNISED GAINS & LOSSES lTrve5tments raThsfwf<pm BucW3nd Dinham 7,526 5.411 5.237 21,586 -IS,J47 SS351 j jnorn¢ cvrrentyear 8AiANCE B]FWD IJANUARY 414 29.036 411 72.635 44.836 103.723 250,229 21ts)25 OAWWCIFWO 31 DECEMBER 80.161 51247 IW960 271,815 250.229 MarketVIl oflnvestfflents 23,753 21.976 45,n9 47633 N¢tTl.1ndUdIftg bwestments 103.914 31450 50,247 130,936 317.544. 297.862
The Pamchlal Church Counryl of Hardin8ton Vale Pa8e 2 Oallln Sherf at 31 Dewnber2024 2024 2025 Current Asset5 Detrtors & PrepaympThts Investments Cash at bank and ID hand 19,778 47,633 245.670 313.081 10.429 45.728 271.926 328.084 Uab116tles Cr¢dltOTS & Accruals 15,219 10,540 Totsl NetAssets 29762 317.544 Parlsh Funds Unre5tdcied Restrid¢d- Frlends Funds Restrlcted- SpecifK Funds D¢slgn3ted 100,249 128,804 39.773 29.036 106,78S 133,144 45.163 31451 297A62 317.$44 Approvedbythe Parothlal Churchcoundl Sub Committee on 12th Mar¢h 2025 G Banwell Ichalrman of Finan¢eSub COMMe1)
The Th)te5 ofh pay$ 3106 lorrn pan ofthese accounts Page3 The Parcthlal thur£h Council of Harthngton Vale IndependeM Exarnlnèrs Reporttothe PCC 9t110 Va Thls on the ac£ounts of the PCCf0rtyearended 31 DÈcember2025. which are set out on Pages I to6andthe Support1 5thedul¢s. Is In re5PECt of an ex¥Anlnation carrd outln accordanre with the Charitle5Act 2011lthe Artl eSpEctrrtrespolblIltIeS Ofthe Ptt arKlthe Examiner A% membersof the Pccyou ère re5ponslble forthe weparation ofthe accounts. I report In respect of myexamlnation of theTrusVs account5 carrted out under settlon 145 of the 2011 Art and in ¢arwng oul rnyexamlnatirn, I havefollowed all appli¢abie Oirethc5 en bythe Charftycommission undersection 14515lb of theAct. Thetharltvsgrossinwme exteeded £25CIKK) •nd l am qualified to undertake the ex•mlnatlon by a quallfied rnemberof TheA550fi•tion of Chartered Cerbfied Accountartts kndependent knmln¢¢sstatemehi I have completed My examinatlon. I wnfimthatno m•terlal matters havecometts myattention in (onn¢cUon wtth the exanlnation whlch Ive5 mecauseto be15e¥ethat in any materlal respect. the a¢¢ouThtlng reccrfthweie r1 kept In ateordance th sethon 130 ofthe CharftiesAct;or the •ccouThtsdld not accord with the accoufitln8 iecLwds,'or Ih¢accwThtsdld not£omptywlth the applioble qUIrementS ronEerningihefonn and eorfent of accounts setoutlnthe Ch&ritieslAccoLfts and RepDrtslRe8L4ations 2008othÈr than aiy requirement thatthe a¢tounts 8Ne a true and fairewWhIch Is a mattercorbsldered35 partoF an Indewndentexamlnlon. I have no concern5 arsd have comeacvoss nOOthermatte in connrftknn th1he examlnaison to wNch attentlon 5hGuld bedrawn Inthis report In orderto enoblÈ a yeper understsndin8of ihe accountstrj bereached. fvnthDny Day FCCA l Retired
The Parhla1 Churth Council of Hardington Vale Page4 N¢)testo theffinanda #atements Yw•nd•d 31 Dqc•mber 2024 I. ACCOUNTING POUCIES The financlal statements have been prepared in attordance wlth the Chvrch Accounting Re8ulation$ 2Q)6 together wlth appllcable atcounting stsndards and the SORP 2(5. The finantial statements have been prepared under the historical cost conventlon except for the valuatlon of investment assets, whlch are shown at market value. The financial statements include all transactions, assets and liabilitlesfor which the PCC is responsible in law. They do not include the accounts of church gTOUPS th owe their main affiliatlon to another body, nor those that are informal gatherin85 of church members. Funds. DesArtFund may be set aside out of an unrestricted fvnd for a 5PÈtiffic purpose, such as the replacement ofvestments or Restrfrtedfvnds represent lal income from twsts or endowments which may be expended only on those restrlcted object5 provlded in the terms of the trust or bequest, and Ibl donatlons or grants received for a specifi¢ obje¢t or Invited by the PCC for a speriflc object. The funds may onty be expended on the specifi¢ object for which they were given. Any balance remainlng unspent * the end of eath year must be carried forward as a balance on that fund. The PCC does not usualty invest separately for each fvnd. Where there Is separate investment. Interest is apportioned to individual lunds on an average balance basis. UnrestrkWJiinds are 8eneral funds whlch can be used foi PCC ordinary purposes. omlng resourr*$ Planned givin& collectSons and donations are reeo8nized when received. Tax refunds a recognlied with the intom5n8 resource to which they relate and are accrued. Grants and legacies are accounted forwhen the PCC Is le8•lly entitled to the amountsdue. Dividends are accounted for when recefvable, interest is accrued. All other income is retognlzed when it is recelvable. All incomlng resource5 are ac¢ouDted for gross. Resourtes expended Grants and donatiuns are accounted for when paid over, or when awarded, if ihat award creates a binding QT con5trudfve obli8ation on the PCC. The d[ocen parish share is acto'Jnted for when due. Amounts recelved spètrflcally for missiort are dealt with as restricted fund5. All other expenditure is Benerally recogN12ed when it is incuryed and is accounted for Bross.
Th@PBrothal thurthCOulKflofHwdiwttsiVa PJBo5 l. Th?kntL¥)&ewMtureP bef%accrUd0i weIdIt0the[[tO ¥JNthttiÈL 2. Fd5X undwtheLlreff teniralrftheKChab beendLth DEsw¢ed BÈStrlttad Fund5 Frlen&. Total 202S Tot 2024 21w)VoiwiviIrM¥ Unrestrkted FuJ5 AppendLY Q>llethor&& 2(V3C 5943 950S4 23103 140567 7049 7473 104511 24678 226J31 73247 DonbiwAw¥ds. GTrrrt5&Wi Div&rtth& Bankth¢VSt 113fj97 105 6716 7473 5988 48857 6141 38 ers 107234 aiio 179201 12473 3807 7795 24074 ThEfik Pxishm Tthal InÈomR 6144 3932 2212 14765 16977 63 $127 1202 14Z71 iY73 12473 SutFlwll5hortl8lllnY4rl Bmwd Tbe¢>s[e Ttèn5fertQGenW Fr PrioiYefp4ustmiht 3414 32450 977 15473 32450 Mtrt. YQOW 24741 75W Irx)249 2a7SY 83.032 1(&785 7526 &535 kestyrt. NSP Forfe4h verton Mortonst Ph111p 893 -917 2L7 21.976 61B 1991 13.985 .561 18,350 14J19 13,236 -228 670 J4 JISntsYdltstord -3 157 Horniwtonthwthyard 1,876 fA902 133.144 470 55,438 128,667 442 S4 4.320 28 157 N 5tVHrMYrFuthJ NSPBellFthd 586 1341 3A55 ldnhLYthG% StyenRa0[IDejI10IeV1 St LaMentE6ell Fund stL*WrenRjè1pV4 3379 5,412 5.285 6.lll JJ 35 WoofrrfertuThTru5t Tellthrd èell >•peol NFafflityWOrter Tots&T4 F15t PLh&rFund IISt PU8hbrf Fund 137 6,732 -157 57 6.682 5a . ts.784 S3 39.910 5.411 .1S7 4%k63 16978 15.4174 32.451 TheLlnk PJrf5h It .14.765 14,271 19.O3S 22 1.202 3.4 317.S44 Toial F¥nd5 297,862 19M2
Yhe Parothal Churth Coundl of Hardington Vale Page 6 AmtsfOrthePQrf0d Repr¢xntsd by lstJ•hu•ryZ025. Derember2025 2024 20 B•nkA¢tounts HVCurrentAcciyJnt Nat West Natwest Nstp CCiA- Hardington Vale C8302010B CCLA- ITw¢stment Rode CB30J9596 TS8 eank 00146975 Laverton CCLA Investment Fund- Wotsfverton CB3058754 tbsh Widow5 TreasuryTrècker Layerton 191.280 941 28,640 1645 8.616 3.740 215.959 Ll 3 2.612 7.359 3.561 245.670 271,927 Debtors Investmerits Noie Ibe4Jw 19.778 47,633 67,411 10,4 CrqdliQF5 &Amals Cr¢dttor5" Year End Mo¥ement Note 2 Below 15.219 10.51Q 15.219 io.yo Total 297.B62 317.Y4 The General Fut)d and the Friends of Norton St Philip have the benefit of dividend incorne from shares In 4 CBF Inve#mentfund vjhith at the 3tst December 2025 had a colwve market value of £47633 Belng made up of- 2020 2021 2022 Hardineton Valé InvÈstmenl G83020109 19752 22593 Hardlngioii Vale In¥estrn2ntCB30220110 3IZ6 2432 JacOn Bequest- NSP Friends CB3020111 19527 22334 EM Bell Be¢uest NSP Churchy4rd CB3020112 716 819 £42,121 £48,iTY 20 21837 2024 22337 2405 2025 214H Z309 21199 777 E45.729 2147 2351 21586 791 £46,S68 723 £42,531 £47.633 Note I RcJe Roof Vatrefvnd Inslt]r6Clerg¥Redaim HMRC De¢SIO Outstandln8 Fees Dlnhm Voneu5 7O19.9G 213.95 1666.25 671. 852. 10,428.96 Note 2 HMRC PAYEINI Laverton Rechar8e Partsh e¥sb5 2026 West ntrylIng Retention Brltish Gas NSP Elt¢trf¢ Parish News Adverts 2024 Dai5eyCorn offi Phone Mendip 8rdss Band BookersTollet Ro Oftte EvrAutK)D 8T Lwrlon OCIWS Chrlstma5 Chadlk5 TÈllsford Elertric Farttyzh Hungerford Elettrlc 638.04 2379. 4226.75 Z4&th) 59.77 27.45 15.59 335.23 63.74 1230.98 37.41 138.82 10540.10
YearEndedJl.112025 ppeThJt4A General Fund Ojolrt Ol$yMw•l- 02fjÈMral- 03 Q4GRneral- 05GRxial- •th¥lt5 FvlÈMh H11¥to Gemrnl. 0761n•rnl. 101$ Ya•r Tellwryo DlTrhAm InLorne 40)1 Enswlwfj6ftAld 4010B•nkers otdÈr-Grtt&o oil B•nkw5 Orrf•r.l&JnGrfrAidd 40.939 14.316 1947 61526 67,304 4.91AI 90 1821 674 20 14951 I73 9Q198 IOLQ39 371 Lllo 452 835 1,136 913 4030 OffertDryBox IrhTaxftete & fjfftAh1 In5& Enwknpe5 316 1.967 10,632 573 iii 19.4 7.189 41 wewe5ts&Lgv•s 4110Dc&al4jn5frythèrfl 41200akerTryttndiisford 414OGrrrtFIHunwfut PonAIoTr5& &quEsts 75 252 Ln2 120 1324 45 327 1848 3,434 163Z 16 <3ZI 4300Fund 4310e ké•OEr 4320MtsclrKrA 7B 119 4n6 4W)Weddlr4Fees 4610FLmErnI foes 1473 5m3 6, ?14 19 146 -1551 247 272 360 L316 514 4640(WFpE5 Ic 25 75 ?A75 AO.551 3.391 L773 3.iii 2.673 360 21,721 10.627 107.231 LI9.? OJ&rt O1G¢Trw. 02fra1. 03 O•G•rAtsI. tySfjff•rl- IAhqrt•5 F1h Hemlr•tob GebwJI. Nurtonst Ro&StL G•xwal- T•llWprd fmnham •7G0Thl. Toi•l 20 5wDt0rnrr?FLIid 1231 2M2 IU4 5210SeuYi4ri4 . $211Statiprry.. S220 P05tiB.. 5225¢.¥EWprnent &StsfNvare 911 311 9)2 L926 L504 225 31fj 1926 52j5Apnthlltsts 5131 Hospltal S241 ROOMr S260vL4ohAaeryy Fee5 & Ewrd¢s 5270 LOYAdtL1tFe¢s Mln6sEryEJppnse5 192 228 269 L192 a529 228 66a L161 "89.010 87222 7,918 2,166 5alO Gaml . 5315 WJtÈr & Sewera 1,217 S34 7.2rKI 26 36 291 SI. 541UPhntknseNpEn 97 37 37 17S 175 17$ 175 664 564 564 57wc0rnrrxknI Wafe¢5 S710CaTrJks 57400thwsitèds 59ri) nkAr5e5 239 191 236 239 "I 236 526 Trf¥l eirrtfidttuve 3,126 99 7fffj 9S,182 tirthei 4L391 2,LSI -303 SSA19 IB.595 3,831 &238 7,526 21.705
10FroI IJ FrKindi 11 FrlEnd> 14FThErth•l Farfq 17 T•lhlDrf. l(Q5 (hur£hY474 rkn St?M R•sIrfdIUnd$.FrtthoIlncurn 4O1DBaTrk5¢thr.SftA1ded 40x1 &Thk¥sOrdEr. NDD Grftdd 2mi 120 2041 IEfj7 2.817 403001knvryBJx 4021GWtIWCalhCdkttloD$64C6 126 4,781 1,8R6 2.201 492 126 15 4059 20 L254 SJ43 15 62 SJ6D ISD 7.617 4010 IDcameTa% Rth&GIftO 4099SwdalApwl 2.140 216 4.900 131 120 6,743 BBruailS&L4aci¢s It76 1,950 2M4 550 3.lf 4120pakeiTruWIIkn1ord 777 1.523 2.079 316 1.914 Zl 756 1£72? 230 42rii Dkldehds 4210 8Dnklntiri#R•cthd 19 19 4.666 51 430) 4310 CwdRead4r" ' 102J 911 157 ai 9.263 915 46veryrI. 4320 Mtsr Inraime 610 4.422 31$ 3.443 -33 1.301 15,791 zi 2396 S&65Z 49 Ilj IIFrfTrJJ IIFrf•nds IIFrlw 14 Fthol 1$Fr&Ol 11 1gSthr& Tolal Y¢w2024 ¥Mp Fabrkknd thwthyard [4 RetrdFwls.EKynd S0)JC4mmOhFw SLts)Chirflat4pDDniln5 S21L $160VtsIth8(rf14e5&Exp&)5es L076 -165 B4? 55IOGay 5J15W4tqr&Skr¥ 55VJ SSIQ MIAnt•Mnre-ChutthWJll 5516 W4esfofGraCutthg s53Dc1ngf 56DDLW7unkni&Repiiis 5750FIDwws 612 5¥) SZ9 19) L750 L170 4DBI 45S7 321 321 715 1381 213 759 117 32S -30> 20
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