ANNUAL REPORT and FINANCIAL STATEMENTS
For the year ended 31 December, 2025
THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF ST MARY, TOTNES WITH
ST JOHN THE EVANGELIST, BRIDGETOWN
hereafter referred to as
TOTNES with BRIDGETOWN PAROCHIAL CHURCH COUNCIL
Registered Charity Number 1128123
Principal address for charitable purposes: The Rectory, Northgate, Totnes, TQ9 5NX

TOTNES with BRIDGETOWN PAROCHIAL CHURCH COUNCIL
TABLE OF CONTENTS
Page Number
Trustees, Report
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Cashflow Statement
Notes to Financial Statements
10

Trustees. Annual Report and Accounts for Totnes with Bridgetown Parochial
Chiirch Council for thè year ondgd 31 Docombor 2025.
Objectives and Activities
Totnes with Bridgetown PCC has the responsibility of co-operating with the incumbent, the
Revd Jim Barlow and other members ofthe team ministry in promoting in the ecclesiastical
parish the whole mission of the Church, pastoral, evangelistic, social and ecumcnical. It
also has maintenance responsibilities for..
St Mary's Church. Totnes, a medieval Grade 1 listed building of considerable
historical interest.
St John's Church, Bridgetown. a Grade 2 listed building, built in the 19th century
and originally a chapel-of-ease in the Parish of Berry Pomeroy becoming part of the
Parish of Totnes with Bridgetown in the 1970's',
st Mary's Church Hall. originally part of Totnes Primary School, purchased by the
PCC in the 1970's.
The Charity Commission's guidance on public benefit is kept in mind by the members
of the PCC in planning activities.
Achievements and Performance
2025 was a momentous year in the history of the parish, with the closure of St. Mary's for
major renovations throughout most of the year. There was a last-minute financial hitch
caused by changes to the Listed Places of Worship Grant Scheme, for the reclaim of
VAT, which left us £150k adrift but a combination of further grants, a significant bequest
by the late Judy Westacott MBE and a large anonymous donation helped close the gap
and give the PCC confidence to proceed.
Activities in the church started to wind down from January and the contractors Ellis & Co.
took possession of the site from March onwards. The works involved the complete
rebuilding of the nave floor to rectify defects of the Victorian reordering of the 1860's and
to create a new level and integrated ftoor, with significant pew removal at the west end,
relocation of the font and the construction of a new servery and accessible WL In the
Victorian north aisle. The north aisle was reordered to create a new children's area and
heritage space. The church was completely rewired and a new all electric heating and
lighting system, using 'Halo' far infrared chandeliers, was installed, plus solar panels on
the south aisle roof. The new plant required the installation of an upgraded electrical
supply and 3 phase-meter. The total cost of these renovations, spread across three
financial years, will be in the order of £1.4 million. Although the hope had been lo
reopen by Christmas 2025, work was still ongoing as of December 315t and reopening
was on February 1st 2026.
Alongside the capital works, a heritage engagement programme, funded by the National
Lottery Heritage Fund, was initiated. A three-year post for a full time Activities Co-
ordinator was advertised and two persons, Jess Langton and Gra￿ Deathridge,
appointed as a job share. As well as planning for reopening Jess and Grace organised a
number of successful site visits and project documentation activities for local schools,
youth projects and the general public. Overall, the capital works and activities were
managed by the project Board, with delegated powers from the PCC, comprising the
Rector, Mike Gibbons (Director of Music), Goran Molin, Peter Hilken and Alison Fisher,

with project management support from Phil Lewis of Randall Symmonds and Pete Brown
of B2 Architects.
The congregations from St. Mary's successfully relocated to St. John's (mid-morning
Gongregation plus Taizé eveiiiiig woisliip) Lind to St. Mary's Dartington (early morning
congregation) whereas Choral Evensong became peripatetic around the team parishes.
The closure of the church meant a significant rp.diArtinn in c.oncerts and other events at
St. Mary's, including the Friends café, not to mention seasonal visitors and associated
income for the parish. However, it was felt better to go for complete closure rather than
a more protracted and expensive programme involving partial closure.
Despite this it was a good experience to have the mid-morning congregations
worshipping together throughout 2025, helping to build a greater sense of parish
cohesiveness. As well as worship this included ongoing social and missional events
such as Christian Aid week.
Sadly John Holl, churchwarden, died on 15th July 2025. John was the first churchwarden
from the St. John's congregation and was exemplary in his attention to the life of both
churches in the parish. A tireless force at St. Johns he instituted the programme to
repla￿ the failing structural beam support on the west wall and to open the window arch
in the upper hall. This is part of the larger project to refurbish the first floor of St. John's
church. The urgency of work to the beam and the lift reaching the end of its life meant
that fundraising efforts at St. John's were directed towards these two matters throughout
2025 with the aim of being able to address them early in 2026.
During the St. Mary's renovations, the church hall was used as a welfare area and
meeting room for the contractors, which meant that the planned refurbishmenl of that
Spa￿ had to be rescheduled for the beginning of 2026.
Worship and prayer
Regular morning worship has continued to be offered every Sunday, with lay led servi￿$
continuing once a month at St. Johns. The evening pattern continued as Team Choral
Evensong on the 1st Sunday and Taizé worship on the 2nd Sunday, with the latter edging
up towards 30 in attendance. A new offering on the 4th Sunday 'Evening Light, offers a
wider range of contemplative chants and prayer. After many years the Sacred Space
offcring on 3rd Sunday3 Game to an end in oeptember and other options for that evei"iiiiy
are being considered. Contemplative Silen￿ and morning or evening prayer on Mondays,
Wednesdays and Thursdays has continued, with some of it relocated to the Rectory during
the closure.
Numbers have held up well or increased across all services. Servi￿$ at which a wider
cross-section of the community were present included St John's School Harvest Festival
in October and Carol servi￿ in December with 160 children and 120 adults taking part.
The annual Civic Service was held at St. John's on the 16th February and an All-souls
vigil with a Gaza foGUS on the 2nd November. The St. John's Community carols was
attended by 200 people, with 130 for the Nine Lessons and Carols Service, 320 for the
o Christingle services and 90 at Midnight Mass. For a second year we held a Blue
Christmas service in early De￿Mber.
Funerals and Memorials in 2025 included Ann Widger,. Mike Shall, John Holl and Jack
Pillar.

Mission
The Community Café and weekday Toddler Group at St. John's continued to flourish.
Sunday Club remains active at St. John's as does our engagement with St. John's
Scliuul, tlie Grove School and Totnes Independent School.
Stepping Stones l Food Bank have continued to be 2 major presene.p. in the. chLirch
building.
Mike Gibbons has continued to develop the monthly team choral evensongs. the
Community Choir and St Mary's Junior Choir.
St. John's has continued to be very well used by a wide rar)ge of community groups,
several of whom make use of the excellent audio-visual facilities.
The twice monthly Gospel of Luke study group continued throughout 2025. along with
discipleship groups on Monday evenings and Thursday afternoons.
Ministry
The main development impacting this parish in 2025 was the splitting of the Rector's
post into a 0.5 Team Rector and 0.5 assistant priest roles, with an administrative and
governan￿ role for the latter. This is an experimental arrangement for a fixed period of
3 years. Rev'd Chris Harris has taken up the role, and the first six months have shown
the benefit of this way of working, taking Gonsiderable pressure off the Rectoi and
sharing the responsibility for other parishes in the team. Overall, the Ministry Team has
continued to move towards the goal of having 6 stipendiary posts (4 house for duty and
two at 0.5) with the appointment of the Rev'd Fiona Wimsett as resident priest for
Dartington and recruitment for a similar post at Harberton towards the end of the year.
The parish has also continued to benefit from the ministry of Rev'd Frances French, our
team curate. and she has particularly enjoyed the opportunities for personal engagement
afforded by St. John's. Following a period of ill health Tony Gregg took the difficult
decision to cease function as a licensed lay minister, though he continues in a reduced
mlnlsterial capacity. We were also pleased to welcome Paul Truby as an LLM onto the
team, alongside Alison Fisher.
Administration and Governance
Claire Alford continued to effectively manage bookings at St. John's during this period and
to assist with aspects of the parish's weekly and online communications.
Other changes to the PCC saw Julian Hall retire after many years as churchwarden and
a new churchwarden, David Fisher. being appointed at the 2025 APCM. The PCC also
welcomed to new members at the APCM.. Paul Gibbins and Andrew Robinson.
Financial review
Total income in 2025 amounted to £875,103 compared with £335,898 in 2024. Of this
£116,146 was unrestricted compared with £129,962 in 2024 and £758,492 restricted
compared with £205,225 in 2024. The increase for restricted income arises from funding
raised for renovation work.

Total expenditure in 2025 was £1,129,834 compared with £249.068 in 2024. Of this
£138,6g7 was unrestricted compared with £127,887 in 2024 and £001,137 restricted
compared with £121,181 in 2024.
Overall there was a deficFt of net movement of funds of £255,058 (2024.. surplus of
£88,923) with a deficit for unrestricted funds of £22,551 (2024= surplus of £2,090) and a
deficit for restricted funds of £224,591 (2024= surplus of £106,955) willi tlie lallei refleGtirig
grants received in the previous year and spent in this year.
Total reserves at 31 December 2025 were £157,763 (2024: £412,821) with unrestricted
reserves of £45,490 (2024.. £68,041), restricted reserves of £95,994 (2024.. £320,585) and
endowment funds of £16.279 (2024: £24,195).
Reserves Policy
It is PCC policy to maintain a balance on unrestricted funds to allow for shortfalls in income.
Generally, we aim to have reserves covering two months of regular expenditures which
would imply reserves of about £18,000. This is exceeded although with the current
significant building costs, no action is being taken to reduce this excess.
It is PCC policy to minimise risk by investing funds in the Central Board of Finance of the
Church of England Investment Fund shares and in the Charities Aid Foundation UK Equity
Growth Fund.
Safeguarding
The PGG has complied with the duty under section S of the Sateguarding and Clergy
Discipline Measure 2016 (duty to have regard to House of Bishops, guidance on
safeguarding children and vulnerable adults).
Structure. governanco and managomgnt
Totnes with Bridgatown PCC 18 a Statutory body set up under the Parochial Church
Councils (Powers) Measure, 1921. It conducts its affairs in accordance with the PCC
(Powers) Measure 1956 and the Church Representation Rules. The PCC is a registered
charity.
The method of appointment of PCC members is set out in the Church Representation
Rules 1969 (as amended). The membership of the PCC consists of the Team Rector,
Team Vicar, churchwardens, Deanery Synod members and members elected by those
members of the two congregations who are on the electoral roll of the church. All church
attendees are encouraged to register on the electoral roll and stand for election to tho
pcc.
The PCC members are responsible for making decisions on all matters of general concern
and Importan￿ to the parish including deciding on how the funds of the PCC are spent.
The full PCC met seven times during the year with an average attendance of 80°/0.

Administrative Information
St Mary's Church is situated on High Street, Totnes and St John's in Bridgetown. The
parish is part of the Diocese of Exeter within the Chcirch of England. The correspondence
address is the Rectory, North Street, Totnes, TQ9 5NX. The registered charily number is
1128123.
For the purposes of charity law the Council of PCC members is also the Board ofTrustees
of the charity. PCC members who have served from 1 January 2025 until the date this
report was approved are..
Team Rector..
Team Assistant Vicar..
Team Curate..
The Revd Jim Barlow
The Revd Chris Harris (ex officio member)
The Revd Frances French (ex officio member)
Churchwardens..
HOLL John (until 15 July 2025)
HALL Julian (until 18 May 2025)
FISHER Dave (from 18 May 2025)
Elected members:
BROOKES Lynda
BROWN Diana
GRIFFIN, Jenny (until 1 January 2026)
GIBBINS, Paul (from 18 May 2025)
HANCOCK Juliet
HILKEN, Peter (until 18 May 2025)
LUSCOMBE Revd John (GO-OPted)
OLIPHANT, Anne
MOLIN, Goran
MURRELL, Tom
ROBINSON, Andrew (from 18 May 2025)
STILWELL Anthony (until 12 November 2025>
STILWELL Carolyn
Appointee member..
STABLER Susan
Deanery Synod
Representative..
FISHER. Alison (from 18 May 2025)
On behalf of the PCC on 11 June 2026
B¢W
Jim Barlow (Jun 11, 2026 12'.25.'13 GMT+11
The Reverend Jim Barlow
Chairman

Ind¢p¢nd•nt examiner's report to th¢ Trustee5 of The ParoGlilal Churcl) Couiicll of tlie
Ecclesiastical Parish of St Mary* Totnes with St John the Evangelist, Bridgetown known as
Totnes with Bridgetown Paro¢hlal Church Council on the a¢counts for the year ended 31
December 2025
I report to the Irustees on my examination of the financial statements for the year ended 31
December 2025 which are set out on pages 7 to 15.
Respective responsibilities of the trustees and examlner
As the Trustees of the charity you are responsible for the preparation of the financial statements in
accordance with the requirements of the Charities Act 2011.
I report in respect of my examination of the charity's financial statements carried out under section
145 of the Charities Act 2011. In carrying out my examination I have followed Ihe Directions given by
the Charity Commission under section 145151{bl of the Charities Act 2011.
Independent examiner's staternent
Since the charity's gross income exceeded £250,000 your examiner must be a member of a body
listed in section 145 of the Charities Act 2011. 1 confirm that l am qualified lo undertake the
examination because l am a member of the Association of Chartered Certified Accountants, which is
one of the listed bodies.
I have completed my examination, I confirm that no matters have come to my allenlion in connection
with the examination giving me cause to believe that in any material respect..
Atcounling records were not kept in respect of the Charsty as required by section 130 of
the Charities Act 2011.,
I he tinancial statements do not accord with those records.. or
The financial statements do not comply with the applicable requirements concerning the
form and conlenl of financial statements set OLJt in the Charities (Accounts and Reports)
Regulations 2008 other than any requirement that the financial statements give a true and
fair view, which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examinats'on lo
which attention should be drawn in this report in order to enable a proper understanding of the
flnan¢lal statemenis to be reached.
Jason Milden FCCA
Darnells, Chartered Accounlanls
30 Fore Street
Tolnes
TQ9 5RP
Date 23 June 2026

TOTNES with BRIDGETOWN PAROCHIAL CHURCH COUNCIL
STATEMENT OF FINANCIAL ACTIVITIES
For the year ended 31 December 2025
Unrestricted
Funds
Restricted
Funds
Endowment
Fund5
TOTAL FUNDS
2025
2024
Note
Incorne and endowments from
Donations and legacies
21a)
74,847
753,823
828,670
277,601
Aetivilies for oenerating funds
21bl
Church actithties
21cl
41.079
41,079
49,795
Investments
21dl
220
4,669
465
5,354
8.502
Other income
21e}
Total inGome
116,146
758,492
465
B75,103
335,898
Expendlture an
Church aclivities
31a}
137,538
991.137
1.128,67S
249,068
Costs of generalirhg funds
3(bl
1.159
1,159
Total expenditure
138,697
991.137
1,129,834
249,068
Net incomèllexpenditurel
before inve*tn)eiit 9alibslllvi¥E¥l
22,551
232,645
465
254,731
86.830
Transfers be￿een funds
7,566
7,566
Net gainsllLosses) on investment 83sels.'
on disposal
on revaluation
488
226
589
262
S89
578
1.515
Net movement In funds
22.551
224.591
7.916
25S,058
88.923
Total funds brought forward
68.041
320,585
24,195
412,821
323.898
Total funds carrled fon¥ard
45,490
95,994
16,279
157,763
412.821

TOTNES with BRIDGETOWN PAROCHIAL CHURCH COUNCIL
BALANCE SHEET AT 31 DECEMBER 2026
Note
2025
2024
FIXED ASSETS
Investments
14,140
35,650
CURRENT ASSETS
Debtors
Short term deposits
Cash at bank and in hand
61a}
fjlbl
61c}
2,203
5,203
142,378
3,744
150.534
223,673
149,784
377,951
LIABILITIES:
Creditors- amounts falling due ¥Mthin
one yèar
6.161
780
NET CURRENT ASSETS
143,623
377,171
Totsl a¥$ets less current Ilabllltiè$
1S7,763
412,821
Cieditors- amounts falling due after more Ih8n one year
TOTAL NET ASSETS
157.763
412,821
PARISH FUNDS
Unresliicled General Funds
Reslricled Funds
Endowrnent Funds
45,490
95,994
18,279
68,041
320.585
24,195
157,763
412.821
Approvcd by Totnca wth Bridget¢)wn Parochial ChurGh CounrAI on 11 June 2026
and &i9iied on Ils bvlialf by.
Jim Barlow (Jun 11, 2026 12".25."13 GMT+11
The Revd Jim Barlow Ichairmanl
Susaii Stabler (Jun 11, 2026 15."43."26 GMT+11
Sue Stabler ffreasurerl
The notes on pages 9 10 15 fomi part of these accounts.

TOTNES with BRIDGETOWN PAROCHIAL CHURCH COUNCIL
CASHFLOW STATEMENT
For the year ended 31 De￿mber 2025
202S
2024
Net cash from operatin9 acllvlties (below)
253,163
75,482
Cashflow from investing activities
Dividends and intEfESt from investrnents
PrO￿ed$ from salo of fixed asset investments
5,354
21,183
8,5D2
21,9Q1
Net cash provided by l {used Inl Invèsting activities
26.537
30.403
Change in cash and cash equivalents in the reporting perlod
Cash and eash equivalents at 1 January
374.207
268,322
Cash and cash equ5valents at 31 December
147.581
374.207
Reconciliation of net income I lexpenditurèl before
investment gains
Not incom8 boforè Investment gains
Adluslments for:
Dividends and interest from Snveslments
Decrease I lincreasel In debtors
Increase I Idecreasel in (yèdilors
254.731
8G.e30
5,354
1,541
5,381
8,502
755
3,601
Net Ga5h provl¢Jed by I Inl operatlng activrties
253,163
75,482
Analysis of cash and cash equlvalents
Cash in hand
Notice deposits (less than 3 months)
142,378
5,203
223.673
150.534
147,581
374,207

TOTNES with BRIDGETOWN PAROCHIAL CHURCH COUNCIL
NOTES TO FINANCIAL STATEMENTS
For the year ended 31 December 2025
ACCOUNTING POLICIES
The PCC is a public benefit entity within the meaning of FRS102. The financial statements have been prepared
under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 goveming the
individual accounts of PCC5, and with the Regulations true and fai¢, provisions, together with FRS102 {20191
as the applicable accounting standards and the Slalement of Recommended Practi￿, AGGounling and
Reporbng by Charities ISORPIFRS10211 leffective 1 January 20191.
The financial statements have been prepared under the historical cost convention except for the valuation of
investment assets, which are shown al market value.
The accounts include all Iransaclions. assets and liabilities for which the PCC is responsible in law. They do not
include the accounts of church groups that owe their main affiliation to another body or those that are informal
gatherings of church members.
Funds
Endowment funds are funds, the capital of which must be maintained,. only income arising from investment of the
endowment may be used either as restricted or unreslricled funds depending upon the purpose for which the
endowment was established.
Reslricled funds represent la) income from trusts or endowments which may be expended only on those
restricted objects provided in the terms of the trust or bequest, and Ibl donations or grants received lor a specific
object or invited by the PCC for a specific object. The funds may only be expended on the specific object for
which they were given . Any balance remaining unspent at the end of the year must be carried forward as 2
balanc¥ 011 Ilial fui)d. Tli¢ PCC due5 not usually Invest separately lor each fund. wnere tnere is no
separate investmen( interest is apportioned to individual funds on an average balance basis.
Unrestricted funds are general funds which can be used for PCC ordinary purposes.
Designated funds are unrÈ%lrirtÈ*tl fijndq %g.t asidg for a particiilar projÈet. Funds so designated may be
redesignated by the PCC and designation does not prevent funds being used for 2ny other purposes.
In¢oming ReJourGes
Voluntary income and capltal sources
Collections are recognised when received by or on behalf of the PCC. Planned giving under Gift Aid is
recognised only when received. Income tax recoverable on Gift Aid is recognised when the income is received.
Grants and legacies to the PCC are accounted for as soon as the PCC is notified of ils legal enlitlemenl, the
amount is quantifiable and its ultimate receipt by the PCC is reasonably certain.
Funds raised through fund raising events are accounted for gmss.
Other Income
Rental income from the lelling of church premises is recognised when received.
Income from investrnents
Dividends are accounted for when due and payable.
Galns and losses on investments
Realised gains or losses are lo be recognised when investments are sold. Unrealised gains or losses are
gCCOLtnted for on revaluation of investments at 31 De￿Mber.
10

TOTNES with BRIDGETOWN PAROCHIAL CHURCH COUNCIL
NOTES TO FINANCIAL STATEMENTS
For the year ended 31 December 2025
Resources Used
Grants
Grants and donations are accounted for when paid over or when awarded, if that award creates a binding
obligation on the PCC.
Activities directly relatlng to the work of the church
The Diocesan parish share is accounted for when paid.
Flxed assets
Consecrated and benefi￿ propety is not inclLFded in the accounts in accordance with s.10{2llal and Icl of the
Charities Act 2011.
Movable church furnishings held by the wcar and ch￿[ChwardenS on special trust for the PCC and which require a
faculty for disposal are inalienable property, listed in the ¢hurch's inventory. For anything acquired prior to 2002
there is insuffi'cient cost information available and therefore such assets are not valued in the financial statements.
Subsequently no individual item has cost more than £1.000 so all such expenditure has been written off when
incurred.
Investménts are valued at market value at 31 December.
Short term deposlts
These include cash held on deKM)Sit with the CBF Church of England Fund5.
Liablllty recognition
Liabilities are recognised as soon as there is a legal or conslructtve obligation and selllemenl is probable and
quantifiable.

TOTNES with BRIDGETOWN PAROCHIAL CHURCH COUNCIL
NOTES TO FINANCIAL STATEMENTS
For the year ended 31 December 2025
INCOMING RESOURCES
Unrestricted
Funds
Rèstricted
Funds
Endowment
Funds
TOTAL FUNDS
2025
2024
21al Voluntary Income
Planned 9iving'.
Regular gimng
Incoime lax recovered
Collections {open platel
Restricted collections
St Mary's Building Project- Heritage Lottery
St Mary's Building- Natitsn81 Churches Trust
St Mary'5 Building Projecl- Benefact Twsl
St Ma￿S Building Project- other
Sl John's Building Project- Clare Milne Trust
National Lollery grant
Other grants
Donations, appeals, elc
Boxes and candles
Care Gift
Legacies
37,676
12,179
8.512
37,676
12,179
8,512
38,762
10,968
8,515
446,059
50.000
446,059
50.000
40.000
28.OOD
103.252
187.595
8,000
167,595
8,000
19,675
5,785
16,506
7,156
982
27,892
3,041
27,892
17.361
2,160
1,236
50,000
14,320
2,160
1.236
so.ooo
74.847
753.823
828,670
277,601
21bl A¢tivitie$ for generatlng funds
Fund raising
21cl Income from Ghurch aGtlvltles
St John's church hall lettings
Sl Mary's church hall letlings
Fee5
32,757
1,650
3,228
2,428
1.016
32,757
1,65
3,2ZB
2,428
1,016
35,856
4.149
7.807
1.683
300
Sl John's Café
Sl John's P and T
41,079
41,079
49,795
21dl Income from investments
Dividends and inleresl
220
4.669
465
5,354
8,502
220
4,669
465
5,3S4
8,502
2{dl Other in¢ome
TOTAL INCOMING RESOURces
116,146
758,492
465
875,103
335.898
12

TOTNES with BRIDGETOWN PAROCHIAL CHURCH COUNCIL
NOTES TO FINANCIAL STATEMENTS
For the year ended 31 December 2025
RESOURCES EXPENDED
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
TOTAL FUNDS
2025
2024
31al Church activitiès
Donations to charities
Ministry..
Diocesan parish share
Other ministry C05ts
Church- running expenses
Church maintenance
Upkeep of Services
Upkeep of Sl John's churchyard
St Mary's church hall running costs
Sl John's Café
Support costs
Sl Marls Building Project
Expenditures frorn Grants
Administration
In¢Jependenl examinerfs fee
2,417
36,316
4.624
48,594
14,931
8,778
3,208
818
1.018
1,150
3,567
36,316
4,624
48,594
14.931
8,776
3,208
818
1,018
4.177
45,176
16
34,642
11,494
13,272
3,570
1,480
708
1,567
110.044
9,867
12,295
780
916,677
73,310
916,677
73,310
14,794
2,040
14.794
2,040
137,538
991.137
1.128.675
249,068
31b} Costs of generatlng funds
Fund raising costs
1.159
1,159
TOTAL RESOURCES EXPENDED
138.697
991.137
1,129,834
249,068
Unr8Stricted
Funds
Restricted
Funds
Endowmènt
Funds
TOTAL FUNDS
2025
lal STAFF COSTS
2024
Wage5 and salaries
622
25,740
26,362
5,642
During the year the PCC employed a booking hall secretary (part tirne) and activities co-ordinators
{equivalent lo a fill time postl. In 2024 one organist and ￿￿0 booking hall secretsries were employed and these
employees equated to less than one full lime employee.
No social security costs were payable for the year.
Ib) PAYMENTS TO PCC MEMBERS
None of the trustees {or any persons connected with them) received any remuneration during the year.12024'.£-1
Additionally, no members were reimbursed 9xpgnses on behalf of the PCC 12024.. none}.
13

TOTNES with BRIDGETOWN PAROCHIAL CHURCH COUNCIL
NOTES TO FINANCIAL STATEMENTS
For the year ended 31 De￿mber 2025
TOTAL FUNDS
2025
Unrestricted
Funds
R•$tri¢tsd
Funds
Endowment
Funds
2024
FIXED ASSETS
Investments
Market value of investments al
31 December, 2024
Additions
Disp058ls
In¢reasellDecreasel in market value of
investments at 31 Dèc8mber, 2025
13,128
22,522
35,650
55,458
13.128
7,793
20,921
21.323
589
S89
1,515
14,140
14,140
35,650
637 Units CBF Investment F'd
14.140
14,140
22.522
11,293.00 Units CAF ESG Inc & Grth
13,128
14,140
14,140
35.650
CURRENT ASSETS FOR USE BY THE PCC
61al Debtors
Tax Recoverable
Other Debtors
2.203
2,203
2,203
2,203
3,744
3,744
61bl Short Tem7 Deposits
CBF Deposit Accounts
200
5,003
5,203
150,534
61cl Cash 8t bank and in hand
Bank and building society accounts
48,280
2.139
142.378
223.673
LIABILITIES
Alnounts falling due wlhin one yèar
Accruals
Other Creditors
1,800
3,393
1,800
4,361
780
988
5,193
6.161
14

TOTNES with BRIDGETOWN PAROCHIAL CHURCH COUNCIL
NOTES TO FINANCIAL STATEMENTS
For the year ended 31 December 2025
MOVEMENT IN FUNDS
At
l January
2025
Incorning
Resources
linc gain51
Outgolng
Resources
linc losses)
Transfers
At
31 Decemb•r
2025
Restrlcted Fund$
Sl Mary's Building Project
Sl Mary's & St John's General
St Ma￿S Church Hall
C2re Gift Account
262.119
38,224
20,175
67
718.324
39.420
916.677
73,310
63,766
11.900
20.175
153
7.566
1.236
1,150
Total Restricted Funds
320,585
758,980
991.137
7,566
95.994
Unrestricted Funds
General Funds
68.041
116.146
138,697
45.490
Total Unrestricted Funds
68,041
116,146
138,697
45.490
Endowment Funds
Sl John's Churchyard
St Mary's Endowment
14.091
10,104
53
403
7,566
6,578
9.701
Total Endowment Funds
24,195
350
7.566
16,279
T•tsl Fvnd¥
412,821
874,77e
1,129,834
1ST,703
Funds are held for the purposes shown.
The transfer 01 £7,566 from endowment funds lo restricted funds arose following approval by the Diocese for
¢ert8in endowrnents to be used for structural repairs in accordance ￿th the term5 of the endowments that the lunds
be used for the benefit of the church.
ANALYSIS OF NET ASSETS BY FUND
Unr•stri¢t¢d
Funds
(including
desi9natedl
Restricted
Funds
Endowmènt
Funds
2024
Fixed Assets
Current Assèts
Current Liab¢'lities
14.140
2,139
14,140
149,784
6,161
50.683
5.193
96.962
968
Fund balance
45,490
9S,994
16.279
157,763
15