REGISTERED CHARITY NUMBER: 1128447 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2025 FOR THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. MARY'S BLETCHLEY Parkers Cornelius House 178-180 Church Road Hove East Sussex 8N3 2DJ
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. MARY'S 8LETCHLEY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2025 The Iru$logs present their report with the financial statements of the charity for the year ended 31st December 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities". Statement of Recommended Practice applicable lo charities preparing their accounts in acwrdance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 102} leffeclive 1 January 20191. OBJECTIVES AND ACTP4ITIES Oblectives and aims Under the Parochial Church Council {PoweTsI Measure 1956 las amfjndedl, the principal function of the PCC 18 'CO-operation with the minister in promoting in the parish the whole mission of the Church. pastoral, evangelistic. social and ecumenical,. The PCC ensures.. proviSn of regular public worship, including person81 prayer and contemplatv)n, open lo all., - teaching of Chiistianily through sermons, courses and small groups. - provision of a wide range of children's and youth actNrties across all age ranges.. - worf(ing in partnership with local schools., ddivery of events and activities which promote the whole mission of the church across all a9& Tanges, including those ministries concemed wf(h bcal social action", working in partnership wrth other charrties, organisalions and Indivual8 who are engaged in mL8sion and delivering rolief and development overseas and in the UK., provision of pastoral care including the vrsrting of the sick, the elderly and the bereaved., provision of seN¢es for weddings and funerals. Throughout the year, the trustees have paid due regard to the Charities Commission's guidance on public benefit when exercising any powers or dutie5 to which the 9uidance is re5evanl and, in particular, the Specifi guidance provided lo charslies for the advaneemenl of reluion. Along with a team of paid staff, the church continues lo rely on the voluntary work of a large number of people lin excess of 1001 and il very much appreciates their 5eNice lo the church and the local community. Because ol the diverse nature of the volunteering in both numbers, lime and type$ of ¥tivity, it is not leasible lo attribute 8 financial value to volunteer support. Page 1
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. MARY'S BLETCHLEY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2026 ACHIEVEMENTS AND PERFORMANCE Charitable activities Our Vision and MTssion, agreed in 2020, is lo resource Church. Community and City with audacious faith. generosity, humility. unity and tenacty. We have planted and revilalised three limes in the last 12 years and s now seeing steady giowth and strengthening heTe al Sl. Mary's. As a Church we aim to be disciples that make disciples, we commit lo being bible based and SPiTit led, we hold prayer as being key in God's Kingdom and we seek to deeply love and serve one another. The Refresh Day in the Autumn was. for many in tho church, a time of deep SPiTilual engagement and refreshment. We have continued to provide regular public worship, mid-week and a150 on Sundays, with the latter available online. A numerical highlight was the Remembrance Day service, which attracted over thousand people around the war memorial, many of whom joined us for refreshments in the church afteards. Safeguarding continues lo be a priorty at St. Marls. along with care and support of all in OUT church famity, and we wish lo thank all our volunteers and lay leaders who faithfulty give of their lime and talents lo make our church the caring community il is. The ministry lo young people has continued lo grow under the guidance of the Children's and Youth Pastor, our Community Pastor, and the many volunteers, for which we are very grateful. Our outreach to local primary schools has continued this year, along wlh Tecent relationship building wth the I(1 secondary school. Our groups are all thriving with InCaS1ng numbers attending. We have a busy program throughout the week in our Community, offering support and friendship to all who join us. We are very grateful lo the Strategic Development Fund of the Church of England for their continued financial support in this and all the new expressions of worship that we offer. Stafflng We acknovledge the huge blessing from God in the provisK)n of every member of staff, both lay and clergy, wilhoul whom the witness of the church, whether in acts of worship or leading groups in the community, would not be possible. We are hugely grateful for each one of you and your indwidual contribution lo Sl Mary's Ihroughoul 2025. Page 2
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. MARY'S BLETCHLEY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2025 FINANCIAL REVIEW Financlal position Income in 2025 of £478k amounts to a £40k increase over the Pr year's figure of £438k or 99h. Regular giving and generous ong-off grfts were overall at a similar level to the prior year. The increase in income was entirely due lo additional grant income, in partieular from the Diocese of Oxford Minor Repairs & Improvernenls grant and their support support of Sl Joseph's and from Bucks Historic Churche5 Trust lowaids the cost of stonework on the tower. The Strategic Devekjpment Fund grant income conb.nues lo taper d¢)wn and wll finish completely al the end 012026. Expenditure of £476k is a £38k In¢aSe over the prior yearfs figure of £438k or 9%. This was duo in broadly equal measure to increased Parish Share, depreciation of assets and outreach projects. The net position for the year was essenti815y breakeven, and our total reserves 8re unchanged from last year. The last quinquennial review of the ¢hiJrch building hhlIghted significant stonework and other mainlenan¢o requirements and a program of stonemason's work is now underway. The upgrade of our sound and vision 8y5tems has been completed and has substantially enhanced the experience within the church as well as our online streaming of Servi$, enabling those unable lo attend in person to remain part of the church famity. We have a dedicated team l¢)oking for grant opportunities for the required building works, and they have had some notable successes, bul most of the cost continues lo fall on our shoulders. The church finances have akvays been Careful managed with a view lo good stewardship. At limes we have stepped out in faith and God has led the congregation to respond with generosity. Oui current PL7si(ion is sound. but we face increasing headwinds from inflation of th$ cost base which will make 2026 a ChaIng1rng year. We continue lo rely totally on the faithful giving of our church famity who, we hope and pray, trust that their giwng is used wisety. Reserves policy Following review, the reserves policy remains.. To hold net realisable unreslricled and undesKJnaled reserves Inel curtsnt asselsl equivalent to months, spending, excluding spending whh is funded from designated and reslricled funds. To maintain realisable unrestricted and undesignated reserves al the policy level by setting an annual budget that achieves the policy and by monitoring the budget throughout the ye, taking any action a$ appropriate. Reserves for this purpose include xcumul8ted unrestricted income, but exclude accumulated restrted income, designated income arbd incom9 that could onty be realised by selling assets held for the use of the pcc. The reserves held under this policy meet current operational needs. ensu capacity lo manage unforeseen financial difficulties which may arise from swnificanl unexpected spending or drop in income, and provide a clear financHI framework for the PCC and ts sub ¢omm5tte8S to support decision making, including budget and strategic planning. FUTURE PLANS Al the beginning 01 2025 our Rector Canon David McDougall announc his retirèment. effective 28th February 2026. The Trustees have been planning for this, and all that is needed for the recruitment of a new Rector in 2026. The trustees are looking forward with excf(ement to what God's plans will brlng. STRUCTURE. GOVERNANCE AND MANAGEMENT Goveming document The Parochial Church Council IPCC} is a corporate governance body established by the Church of England, formed under the Parochial Church Council (Powers) Measure 1956 las amended), which defines its functions and powers, and as a charty is registered with the Charrties Commission Page 3
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. MARY'S BLETCHLEY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2025 STRUCTURE. GOVERNANCE AND MANAGEMENT Recrultmgnt and appointment of new trustaes Appointment of PCC members is governed by and sel out in the Church Representation Rules Iconlained in Schedule 3 to the Synodical Government Measure 19 as amended). The clergy team, elected churchwardens and others are members by virtue of their offe (see above). Deanery Synod representatives are elected by the Annual Parochial Church Meeting IAPCMI and hold office for three years. Other PCC members are elected annualty al the APCM. As necessary each person who oMe$ a member of the PCC is gwen informK)n about their responsibiif(ies and duties as a Chanty trustee lo enable them lo carry out Iheif Tde effectively. Oryanlsatlonal structure The PCC responsibilities include all parish finance, ils management and control, including the appointment of Treasurer. As trustee5, members of th8 PCC are responsible for keeping accounting records which disclose wtth reasonable accuracy and enable them lo ascertain the financial posrtion of the PCC. The financial statements have been prepared in accordance with the accounting policies sel out in notes lo the accounts and comply wrth the Church Accounting Regulations 2006 governing the individual accounts of the PCCS, the Charrties Act 2011 and Accounting and Reporting by Charities." Slalemenl of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard lor Smaller Enlilies published on 16 July 2014. The PCC is responsible for safeguarding rts assets and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Due lo the level of income of the charity the PCC L8 required to have the financial statements subjected to an IndeperK>ent Examination prior lo publicion. Governance and Management The PCC meets at least 6 times per year. There is also a Mission Partnership Group, that reports into the Mission and Outreach Group, which manages and oversees a119rants and donations made lo partner organisations engaged in delivering mission overseas and in the UK (including locally) in line wrth criteria agreed by the PCC. Through i(s budget the PCC aims lo give away in grants and donations at l¢a$l 10% of all general giving income. Risk management The PCC recognises the need for appropriate policEs and ProdureS to manage risk (including Heatth & Safety), across all areas of activty for which il Is responsible, including ils buildings and facilities, as well as a wide range of acliwties and events. Page 4
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. MARYS BLETCHLEY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2025 REFERENCE AND ADMINISTRATNE DETAILS The Parochial Church Council of the Ecclesiastscèl Parish of Sl Marls Blelchiey is o chanty regislefed under the charaS Act. The Tnjstees, members of the PCC, who have served $inc£ the oJrnm6ncornènl of the financial year until thg approval ol tho financial stal8mgnts lunle$5 0th8rwisa stat8dl. wero as follow5:. Mlnistry Staff Toam The Revd David McDougall The R8vd Ben Thor Ex4)fficio Exdfieio Chureh WaTd•ns Mary Nicholls Ollver Hemes Deafiery Synod R•pr•untstlv•s Stephen Walker Penelope Pow8TS Pam Lambert Resigned May 2025 otr PCC mwnber* Chris Day (Chair of Finaneé and Treasurer) Sophie Fletcher Ann Rolle Cl8ra R68v8S Judi CumberL9nd M8x Johnslone lan Blantl Andrew Barton Christianah HO8r lan Anderson James Gregg Pam iambart Ro$ignod May 2025 Elected May 2025 PCC Secratsry.. Arnelia Reevos Approved by ordar of the board of trustees on .. . and slgned on its b¢half by. O Hermès- TnJsl8è Page 5
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. MARY'S BLETCHLEY Indèpendent examlner's report to thè trustees of The Parochlal Church Councll Of The Ecclesiastical Parish Of St. Mary's Bletchley I report lo the charity ITUStees on my examination of the aount$ of The Parochial Church Council Of The Ecclesiastical Parish Of Sl. Matys Bletchley Ilhe Trust) for th8 year ended 31st December 2025. Responslbllltles and basis of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 Ilhe Act'l. I report in respect of my examination of the Trust's accounts carrjed out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 14515>lb) of the Act. Independent examinerf5 Statoment Since your charty's gross income exceeded £250,000 your examiner must be a member of a listed bcxty. I can confim that l am qualrfied to undertake the examination because l am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bod$. I have completed my examination. I confirm that no material matters have come to my attention in wnnectK)n wrth the examination 97n9 me cause to belve that in any material respect.. accounting records were not kept in respect of the Trust as required by Section 130 of the Act., or the accounts do not accord with those records.. or the accounts do not compty wf(h the applicable requirements Ctx)cerning the fom and conlenl of accounts set out in the CharilEs IAccounls and Reports) Regulations 2008 other than any requiremenl that the accounts give a true and fair vwi which is not a matter considered as part of an independent examinalion. I have no COemS and have come across no other mallers in ¢onne¢lion wffh the examination to whtch attention should be drawn in this report in order to enable a proper understanding of the *counls lo be reached. Annette Walson PhD Bse FCA Parkers Cornelius House 178-180 Church Road Hove East Sussex BN3 20J Date.. 2okn.rlp..n I 'l(5L6 P4e6
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. MARY'S BLETCHLEY STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2025 2025 Total funds 2024 Total funds Unrestricted Reslricled funds funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 315,699 47,036 362.735 366.912 Charitable activiti9$ General 41,067 55N25 96.492 59,515 Other trading activities Investment income Other income 11,794 3,087 11,794 3,087 4.220 8.879 2.427 4.220 Totsl 371,647 106,681 478,328 437.733 EXPENDITURE ON Charitable activiti05 General 351,266 124.797 476.063 438.488 NET INCOMEIIEXPENDITURE} 20,381 118,1161 2,265 17551 RECONCILIATION OF FUNDS Total tunds brought forward 379,531 200,959 580,490 581,245 TOTAL FUNDS CARRIED FORWARD 399,912 182.843 582.755 580,490 The notes fomi part ol these financHI statsments Page 7
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. MARYS BLETCHLEY BALANCE SHEEr 31ST DECEMBER 2025 2025 Total fvnds 2024 Totsl funds Unrestricted Restricted fmds funds Notes FIXED ASSETS Tangible assets 169.218 162.633 331,851 308.018 CURRENT ASSETS Debtors Cash al bank and in harKi 20.832 220.592 20,832 240.801 21,603 270,541 20,209 241,424 20.209 261,633 292,144 CREDITORS Amounts falling due wthin on& year {10.729) (10,729) 119,6721 NET CURRENT ASSETS 230.695 20,209 250,904 272,472 TOTAL ASSETS LESS CURRENT LIABILITIES 399.913 182.842 582.755 580,4 NEf ASSETS 399.913 182,842 582.755 580,4 FUNDS Unrestrictad lunds Restrictod funds 399,913 182.842 379,531 200.959 TOTAL FUNDS 582.755 580,491 Tha fi ar5cial statements were approved by the Board of Truste88 and authorised for issue on .. and were signed on tts b8haM by.. O Hermes- T The notes fomi part of these financlal Stslements Pa8
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. MARY'S BLETCHLEY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2025 ACCOUNTING POLICIES Basis of preparing the financial statements The Parochial Church Council IPCCI is a corporate govemance body established by the Church of England, fom1 under the Parochial Church Council IPowersl Measure 1956. The PCC meets the defini(ion of a Publi¢ 8en6frt Enlrty under FRS 102. Financial reporting standard 102 - reduced disclosure gxemptions The charity has taken advantage of the following disclosure exemption in preparing these financial statements, as pemrtted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland the Tequiremenls of Seetion 7 Staternent of Cash Flows. Funds Rgstrlctgd Funds: Reslricled funds are those funds that can only be spent on restricted purposes and details of the funds held and restrictions provided are shown in the notes lo the accounts. Unrestricted Funds: Unrestricted lunds 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 lor spending on a future project, and which are therefore not included in its "free resetves" as disclosed in the Trustees, Report. Recognltlon of Income: This is recognised in the Statement of Financial Actwilies ISOFAI when.. a) the PCC becomes legally entitled lo the benefrt of the use of the resources- b} the monetary value can be measured reliably., and c) receipt is probable, wlh sufficient Certainty of receipt Irec&pt is more likely than not}. Income with Related Expendlture: Where incoming resources have related expenditure las wth fundraising inccrne or certain events) the incoming resources and related expenditu are reported gross in the SOFA. Grants, Legacles and Donations: Donations, grants and legacies include all income received by the charity th81 is, in substsnce, a gift made lo it on a voluntary basis and are accounted for as s¢)on as the PCC is notified of its legal entrtlemenl, the amount due is quantifiable, ils ultimate receipt by the PCC is reasonably eertain. an when any pre-condrtions preventing its use by tho PCC have been mel. For donalions, colledions and regular gmng, these are accounted for when the funds are received Tax Rgclaims on Donatlons and Glfts: Gift Aid and other lax recLgims are included in the SOFA at the samo time as the donations lo which they relat$. Glfts In Kind: Gifts in Kind are accourrted for al a reasonable estimate of theiT value al the time of the gift lo the PCC, rffeasible, or else at the amount actualty realised from Iheii disposal. Gifts in Kind for sale lo fund the PCC are included in the accounts at the estimated market value al the dale of the gift, if feasibte, or else recognised when sold by the PCC. Page 9 continued...
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARSSH OF ST. MARY'S BLETCHLEY NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31ST DECEMBER 2025 ACCOUNTING POLICIES - contlnuod Funds Gffts in Kind for use by the PCC we included in Ihe SOFA as incoming resources when receivable, and expensed as and when consumed in use. Gifts of fixed assets, rf material, are included in the balance sheet al their eurrent value {i.e. the lower of replacement cost and recoverable amount) and expensed over the asset's useful economic life. Other donated goods are measured at their fair value, unless this is impractical to moa$ure reliably. Donat&d Serylces and Facilities: These a onty included in incoming resources {and at the same lime in rèsources expended) at the eslimaled value lo the PCC of the service of facilty received, or the amount actually realised. Volunteer Help." value of voluntsry help rec&Ned is not included in the accounts but is refgrrgd lo in the Trustees, Annual Report. RenLIl Income: Rentsl income from letting of the church. or buildings ¢)wned by the PCC, is recognised when the rental is due. Investment Ineome: This is included in the accounts when receivable. Investm&nt Galns and Losses: This includes any gain or Ios5 on the sale of inveslmenls and any gain or loss resulting from revaluing investments to market value al the end of the year. Expendlture Llabillty RecOgnIOn. Liabilities are recognised as soon as the legal or con51ruclive obligation arises. Actlv5ties directly relating to the work of the Church- The Diocesan parish share is accounted for when due. Any agreed parish share unpaid at 31st December is provided for in these financial statements as an operational Ilhough not a legall liability and is shown as a creditor in the balance sheet. other Expenditure.. Includes the cost of governance arrangements which relate lo the general running of the PCC as opposed to the direct management functions inherent in generating funds and the work of the parish. IncSudes cost of the preparation and examinatn or audit of statutory accounts, the costs of trustee meetings and costs of any legal or other professional advice lo trustees on govemance or constitutional matters. Included within this category are any costs associated wi(h the slralegi¢ as opposed to day lo day management of the PCC'$ activit$. Tangible fixed assets Tangible Fixed Assets for use by the PCC.. Expenditure on indbvidual assets costing £1,000 and over, and which can be used for more than one year, has been caprtalised and depreciated in the financial statements over Iheif currently anlicipaled useful economic life on a slraighl-line basis. Assets are valued at cost or al reasonable value on receipt and an assessment is made at ea¢h reporh'ng date as to whether further write down in value is required. AIS expenditure incurred during the year on irKlividual asset5 costing less than £1.000 is written off in the year the expenditure occurred. The land and buildings al cost brought forward includes the Church Hall in Church Green Road, Bletchley al a cost of £4,500 which represents the PCC'S best estimate of original cost when the building was conslru¢led in 1963. Subsequent improvements are included al cost. Sl Marls Communty Centre in Warwick Road, Bletchley which was acquired in August 2003 for £250.000 is also included al cost. Page 10 nlinued...
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. MARY'S BLETCHLEY NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2025 ACCOUNTING POLICIES- contlnuod Tangible flxed assets Consecrated Land. Buildings, and Movablg chh Fumlshlngs: Consecrated and beneficed propety of any kind is excluded from the financial slalemenls by S.1012llal and (cl of the Charrties Act 2011. Movable church furnishings held by the Rector and Church Wardens on Speclal trust for the PCC and which require a faculty for disposal are ac¢ounl$d for as inalienable preperty unless consecrated. They are listed in the Church's inventory, which can be inspected al any reasonable lime. For inalienable propety acquirèd prior lo 1 st January 2003 there is insufficient cost information available and therefore such assets are not valued in the financHI slatemenls. Expenditure since 1st January 2002 and costing £1,000 and over, has been capilalised and depreciated in the financial statements over the currently anticipated useful economic life on a slraighl-line basis. All expenditure incurred in the year on consecrated of beneficed buil(lingg, individual items under £1.000 or on the repair or replacement of movable church furnishings acquired before Isl January 2003 is wrttten off. Bulldlngs, Other Fixtures. Fittlngs, Equipment and Vehicles.. Expendiluie on buildings owned by the PCC is depreciated on a slraighl-line basis over 50 years. Expendrture of £1,000 and over on fixtures. fittings and uIpMent wf(hin the church and other PCC premises and on motor vehicles is depreciated on a slraighl-line basis over 4 years. In VEW of their anlicipaled useful economic life the Howe 4014 chairs purchased in 2010 are being depreciated on a slraight-line basis over 20 years. Taxation The charty is exempt from tax on its chariiable activities. Fund accounting UnrestrKted funds can be used in accordance with the charitable objectives al the *JiretIOn of the Iruslees. Restricted funds can only be used for particular restricted purposes wi(hin the objeets of the charty. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Golng concem The accounts have been prepared on a going contsrn basK8. The Trustees believe that this Is an appropriate basis of preparation. There are no material uncertaintlgs aboul the PCC'S abilty to continue as a going concem Ba$lc financlal Instruments A financial instrument is a contract that gNes rise lo a financial asset of one entity and a financial liability or equity instrument of another entity. All the PCC'S financial instruments are within the defi'nrtion of bas finan¢ial instruments per section 11 of FRS 102. Debtorn rrade and other debtors are recognised at thè settlement amount due after any trade disecAJnt offered. Prepayments are valued at the 8rnounl prepaKI net of any trade discounts due. Creditors and provisions Page 11 onlinued...
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. MARY'S BLETCHLEY NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31ST DECEMBER 2025 ACCOUNTING POLICIES- continued Creditois and provisions for future liabilities are recognised when the charity has a legal or constructive finan¢ral obligation. that can be reliably estimated, and for which there is an expectation that payment will be made. Pensions The pension costs charged in the financial statements represent the Contributions payable by the charity lo the defined conlribulK)n schemes during the year. Investments Inveslrnenls are valued at market value at the year end. Short-temi deposlts Include cash held on deposit al the bank. OTHER TRADING ACTIVITIES 2025 2024 Income from buildings and fund raising 11,794 8,879 INVESTMENT INCOME 2025 2024 Interest receivable- trading 3,087 2,427 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31st December 2025 nor for the year ended 31st December 2024. Trustees. exnSeS There were no trustees, expenses paid for the year ended 31st December 2025 nor for the year ended 31st December 2024. STAFF COSTS The average monthly number ol employees during the year was as follows.. 2025 10 2024 10 Church actiwties No employees received emoluments in excess of £60,000. Page 12 continued...
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. MARY'S BLETCHLEY NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31ST DECEMBER 2025 TANGIBLE FIXED ASSETS Fixtures and filtings Freehokj propety Plant and machinery Totsls COST At 1st January 2025 Additions 398,624 6,700 205.288 62.347 609.612 52.347 At 31st December 2025 398,624 5,700 257,635 661.959 DEPRECIATION At 1st January 2025 Charge for year 123,441 5.973 5,700 172.453 22,541 301,594 28.514 At 31st De¢ernr 2025 129,414 5,700 194,994 330.108 NET BOOK VALUE At 31st December 2025 269,210 62.641 331.851 At 31st Decernr 2024 275,183 32,835 308,018 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade debtors Other debtors 317 20,515 2,228 19,377 20,832 21,603 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade credf(ors Other creditors 7,620 3.109 11,652 8.020 10.729 19.672 Page 13 continued...
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. MARY'S BLETCHLEY NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31ST DECEMBER 2025 MOVEMENT IN FUNDS Not movement in funds At 31112125 At 111r25 Unrestricted lunds General fund Designated fund.. buildings fabric fund 316,273 63,258 14,8S3 5,529 331.126 68.787 379.531 20.382 399.913 Restricted funds Buildings.. church hall & communty centre Church hall Howe chairs Community Support Bell lower maintenance Buildings- Sl Mary's Ilag standards Other projects St Joseph's Church Redors Community Outreach Projects Camera fund Sounddesk 152,060 4,500 9,802 5.818 5.156 52 2.402 13.475 1,051 3,403 810 2.430 13,3981 148,662 4,SOO 7.851 2.824 5,324 52 12,9941 168 12,4021 12,2761 11.OS11 13,4031 11.199 810 1,620 18101 200.959 118,1171 182,842 TOTAL FUNDS 580,490 582,755 Net movement in fund$, included in the above are as followg.. Incoming resources Resources expended Movgment in funds Unrestricted fvnds General fund Designated fund.. buildings fabric fund 356,280 1S,367 {341,4271 19,8381 14,853 5,529 371,647 {351,2651 20.382 Restricted funds Buildings.. church hall & communty nlre H¢)we chairs Community Support Bell lower maintenance Other projects Sl Joseph's chUh Rectors Community Outreach Projects Sounddesk 13.3981 11,9511 110,3811 13,3981 11,9511 12,9941 168 12,4021 12,2761 11,0511 13,4031 18101 7,387 168 26,156 46,617 1,130 25.223 {28,5581 {48,8931 12,1811 {28,6261 (8101 106.681 {124,798) 118,1171 TOTAL FUNDS 478,328 {476,0631 2,265 Page 14 continued...
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. MARY'S BLETCHLEY NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2025 MOVEMENT IN FUNDS - continuad Comparatlves for movement in funds Net movement in funds Al 31112124 At 111r24 Unrgstrfctgd funds General fund Designated fund.. buildings fabric fund 315,007 58,195 1,266 5,063 316.273 63,258 373,202 6,329 379.531 Restricted funds Buildings. church hall & communty cent Church hall Howe chaiTS Community Support Bell tower maintenance Buildings- St Marls fLig standards Other projects St Joseph's Church Rectors Community Outreach Projects Camera lund Sounddesk 155,458 4,500 11,754 4,711 4,941 52 {3,3981 152,060 4,500 9.802 5.818 5,156 52 2,402 13,475 1,051 3,403 810 2,430 11,9521 1,107 215 2,402 19,1191 1,051 11301 310 2,430 22,594 3,533 500 208,043 17,0841 200,959 TOTAL FUNDS 581,245 17551 580,490 Page 15 continued...
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. MARYS BLETCHLEY NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2025 MOVEMENT IN FUNDS- contlnued Comparative net movement in funds, included in the above are as follows.. Incoming resources Resourees exnded Movement in funds Unrestricted funds General fund Designated fund". buildings fabric tund 333,373 13,117 {332,1071 18,0541 1,266 5,063 346.490 {340,1611 6,329 Restricted funds Buildings.. church hall & community centre Howe chairs Community Support Bell tower maintenance Other projects Sl Joseph's Church Rectors Community Outreach Projects Camera furKI Sounddesk 13,3981 11.9511 {11,4171 13,3981 11,952) 1,107 215 2,402 19,1191 1,051 11301 310 2.430 {11 12,524 215 41,931 28,728 4,099 197 310 3,240 139,5291 137,8471 13,0481 {3271 18101 91,243 198.3271 17.0841 TOTAL FUNDS 437,733 {438,4881 17551 10. RELATED PARTY DISCLOSURES There were no related paty Iransadions for the year ended 31st December 2025. 11. PURPOSE AND REsTcTIONs OF FUNDS HELD During the year the PCC held the following funds.. Restrlcted funds Fund name Purposo and reStrI50S Building.. Church Hall & Finance the acquisf(ion of Comrnunty cenlre. subsequent buikling Community centre works and Church Hall remodelling Church Hall Donations towards original construction of Church Hall Howe chairs Donations towards purchase of 4014 chairs Church Community Centre Donations towards Church Community Centre projects Bell tower maintenance Donations to cover expenditure on the bell tower Sl Mary's flag standards Donations to cover future expenditure Tree seat Donations for tree seal in churchyard Sl Joseph's Church Donations to contribute to the running of the Church. Rectors fund Donations to be used as the Rector sees fit Community Outreach Projeets Donations towards the Community 0reach programme Camera Donalrons towards camera equipment Grant Income from the Strategic Development Fund lo enable SMB as a Resourcing Church Donations towards new patio doors ODBF Patio doors Page 16 continued...
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. MARY'S BLETCHLEY NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2025 11. PURPOSE AND RESTRICTIONS OF FUNOS HELD - Contlnued Unrestricled funds Fund name Purpose and restrictions 8uilding fabric Btsilding repairs and maintenance Paje 17