Parish of
St Mary's, Shalford with St Michael's, Peasmarsh
Trustees Annual Report
& Unaudited Financial Statements of Shalford PCC
Year Ended 31st December 2025
Page
Contents
Admin istrative Information
Tru5tee5 1"epoi-t
Independent Examiner's Report
Statement of Financial Activitie5 ISOFAI
Balance Sheet
Notes to the Financial Statements
io
li

5halford PCC
Parlsh of St Mary's Shalford with St Michael's Pea5marsh
Year ended 31 December 2025
Administrative Information
documcnt i- preparcd by thc Parochial Church Council of thc Ecclc5ia5tical Parish of Shalford
(known as 'Shallord PCC'I in the Diocese of Guildford within the Church ol England. The Parish of
Shalford includes the churches of St Mary the Virgin, Shalford (known as 'St Mary's Shalford'l and St
Mlchael's, Peasmarsh,
Vicar and Incumbent..
Registered Charity Number..
Bankers..
Vacant
1128468
Lloyds Bank, 147 High Street, Guildford GU13AG
Royal Bank of Scotland,1 Hardiiian boulevard, Maiiclie5ter M3 3AQ
Skipton Building Society, The Bailey, Skipton North Yorkshire
BD23 IDN
Independent Examiner..
A J Bennewith & Co, 18 Farnham Road, Guildford GUI 4XA
St Mary's Church is situated in the village of Shalford, in Church Close, The Street, Shalford GU4 8BP,
and ils daughter church, St Michael's Church, is in the neighbouring village of Peasmarsh. The
correspondence address is The Vicarage, East Shallord Lane, Shalford, Guilcllord GU4 8AE.
The PCC is registered with the Charity Commission Icharity number 11284681 under the name, The
Ptlrochial Church Council of the Ecclesiosticol Parish of Sholford in the Diocese of Guildford bLJt is
known, and hereafter referred to, as Shalford PCC
The following have served on the Parochial Church Council IPCCI from l January 2025 until the date
this report was approved, unless otherwise indicated:
The Reverend Sarah Lloyd Incumbent and chair of PCC. Resigned 25 September 2025
Ann Hyde
Churchwarden
CliurLIIwdid¥(I IIIUITI 28 S￿vle{liL)￿[ 20251 diid duiTriiLi()11s urriLVI
Representative on Deanery Synod and Deputy Churchwarden
Parish Safeguarding Officer
Treasurer
Churchwarden. Resigned as Churchwarden 31 july 2025
Representative on Deanery Synod (from 28 May 20251 and Sacristan
Resigned from PCC arhd as Deanery Synod Representative
9 january 2026
PC_C_-£g.r.rg.txry
Susan Odell
John Simpson
Chris Hughes
Harriet Morris
Sheila Pickering
Virginia C_nx
lacqui Oavies
Carolynne Spooner
Deputy Churchwarden
lan farr
lan Barklem
CaroSine Boor
As51Stant Churchwarden
Asslstant Churchwarden
Members of the Fabric and Finance Committee (Standing Commilleel

5halford PCC
Parish of St Mary's Shalford with St Michael's Peasmarsh
Year ended 31 December 2025
Trustees Report
Objectives, Activities, and Public Benefit
The Parochial Church Ctsuncil I'PCC'I 15 3 body corporate established by the Church of England. The PCC has the
rc5POn5i bility of cooperating with thc incumbcnt in promoting in the ecclesiastical parish, the whole mission of the
Church, pastoral, evangelistic, social and ecumenical.
The PCC is committed to enabling people to grow in discipleship, worship, to find h05Pltality, 53nctuary and support
throLl8h the churches of St Mary's and St Michael's, and to s&rve 3t the heart of the community to all in tho p>rish of
Shalford with Peasmarsh. The PCC seeks to enable all people of all ages to feel included,. to enable as many people as
possible to worship at our church, in all their diversity, and in a range of worship patterns offered. Our services and
worship Seek to enable people to put faith into practice through prayer and sCI"IPture, Imu3ic and 3acranieiit.
When planning our activities for the year, we have considered the Charity Commission's guidance on public benefit
and, in particular, the supplementary guidance on charitie5 tor the advancement of religion. We hope lo give space
and encouragement for people to live out their faith a5 part of our parish community through..
Worship, prayer, loving service, hospitality and growing in discipleship
Encouraging learning about the gospels, and deepening relationship with jesus Christ
Provision of pastoral care, enabling belonging by building community and relationships for all people living in the
parish
Life event5-funer31s, baptisms, and weddings for all
Growing community- working with our schools, care home5, hospice, local groups, councils and buynesses.
Mlsslon and outreach work
The PCC is also specifically responsible for the maintenance of the church buildings of St Mary's Shalford, and St
Michael's Peasmarsh, and St Michael's Peasmarsh Hall. It hès responsibility for the financial affair5, the maintenance
and the appropriate insurance of the church buildings, churchyards, and goods and ornaments thereof. The PCC meets
reRularly and is assisted by a considerable amount of teamwork. which is essential in the smooth operation of St Marv'5
and Sl Michael's.
Public benefit - As the Parish Church for Shalford, St M3ry's is open for 211 to visit every day. The church is at tho heart
of our communit¥. It is an active church with a wide age range, aiming to show the love of Christ through all we sav
and do. There is a rich variety of services offering a variety of forms and ways of worship ranging from..
Common Worship Holy Communion
I nformal 2. Sunday All Age Contemporary Café Church
Lay Led Worship
Occasional Choral Evensong
Some of these worship forms have not been FIOSSible since we entered vacancy in September 2025. We intend to re-
instate them once the vacancy has been filled.
The Parish Safeguarding Off icer IPSOI, vicar, churchwardens, full PCC and Church community take safeguarding very
seriously. We continue to work very hard to make everybody in the Church aware that everyone is responsible for
safeguardins. Our PSO and the PCC focus on er15uring people in all roles are up to date with their necessary safeguarding
training and attentive to reporting, We have visible notice5 on good safeguarding practices around the Church, to try
to ensure the Church is a safe 9pace for all.

Shalford PCC
Parish of St Mary's Shalford with St Michael's Peasmarsh
Year ended 31 December 2025
Trustees Report
Acliieveinents and Peifof tn(IllLV iri 2025
Worship
Attendance has remained steady and encouraging at the regular Sunday and midweek services. The service on Easter
Day and the ca rol service, nativity play and Christmas day serviccs are popular and were all very well attended, The
Church wa5 also full for the Remembrance Service held in November.
Many from the parish attended the Sunday service and lunch held in September for our vicar, the Reverend Sarah
Lloyd, who left to be vicar of St Michael and All Angels church in Yeovil. Sarah achieved a huge amount in her time with
IJE %hp intrndijrpd m2ny n?w iAp2R intn r.hiJrrh <prvir9< 2nd intn all thp m2ny nthor 3rtivitie5 that take place in St
Mary's Church. She also made the Church a hub for the whole community in Shalford and Peasmarsh. Sarah is greatly
missed and we wish her all success al St Michael and All Angels church in Yeovil.
Since Sarah,.
dcparturc many of the 5eNicc5 h3ve been taken by Canon Angela 8nd the Reverend Michael who are
retired priests living in the Parish. Huge thanks to both of them for all they are doing since we entered the vacancy in
September.
Learning
St Mary's small groups has been an area of growing discipleship ancs fellowship. Four Eroups meet regu13rly throughout
the year. Each group has evolved to match the needs and faith journeys of those in the group.
Pastoral care
Pastoral care remains at the heart of St Mary's life and ministry. Members of the pastoral care team make monthly
visits to take services in Mill CoLirt and Giiildford HoLlSe, the two care homeg in the parish. There is constant home and
care home visiting by pastoral Care visitors to tho%e who are struggling, isolated, sick or bereaved.
Life e¥ent5
During the year there were 7 baptisms, I weclding arbd 11 funeral5.
ommunity
The Parish of Shalford with Pea5m3rsh has continued to work with the Mill Court and Guildford House care homes as
well as the Shalford Infant & Nursery School. Close contact has been mèintained with Christophers (Shooting Star
Children's Hospices) as well as local group5, councils and bu5ines5es.
St Mary's Church is a150 used on a regular basis by many groups in the local community. These include, 3C's coffee
morning (coffee. cake and conversation), Parent and Toddler group. Shalford Guides and Brownies, Shalford Pilates,
Acorn History, Guildford Women's Fellowship and the St Mary's bell-ringing team. Events held regularly in the Church
included Shallord Village Cinem3 and Men'5 Breakf35t. There were a150 a number of one-oll events such as the Big 8arn
dance and a concert by the Marianne Windham jazz trio.
We continue on our Gold Eco ChLJrch journey and hope to install a heat pump and remove our gas boiler as part of the
building work on the kitchen and toilet block.
51idlfvrd PCC pruduivs tli¥ SlidlluFd P(Iiis11 rTldgdzifie wliiili is rvieived ITlUlltlily by 5ub5cribers wlih three Issues each
year being delivered free to everyone in the parish,

Shalford PCC
Parish of St Mary's Shalford with St Michael's Peasmarsh
Year endpd 31 Dp.c.p.mhpr 2025
Trustees Report
Achievements and Performance in 2025 Icontinuedl
St Mary's Church Building
The 2023 Quinquennial Inspection of the church revealed that some urgent repairs were required. During 2024 and
2025 A grnLJP of pari%hinnp.r£ workpd with nur xrchitpc.t and a prnfp.s%innAI fiindraispr tn plan hnw tr) rarry nijt Anrl p2V
for these repairs. Phase I will include masonry repairs and recovering the spire. Phase 2 will slabilise the block which
includes the kitchen and toilets.
Structure, Governance & Management
Statement of Trustees, Responsibilities.-
The trustees are responsible for preparing the Tru5tec5' Rcport and Financial Statements in accordance with the
applicable laws and the Financial Reporting Standard applicable in the UK and the Republic ol Ireland IFRS 1021
(effective l January 20191, and Statement of Rècommended Practice ISORP 20191,
Thp IAW applicahlp tn rh2ritip.E in FnglRnd X WRlpq rpqijirps th? triJqtpp4 tn proparp Fin2nriAI Stltpmpnts fnr parh
finantial yea r which give a true and fair view of the state of affair5 of the charity and of the incoming re50urce5 and
application of resources of the charity for that period. In preparing these Financial Statements, the trustees are
required to..
al Select suitable accounting policies and apply them consistently.
bl Observe the methods & principles in the current Charities Statement of Recommended Practice ISORPI
cl Make judgmenis and estlmare5 thai are reasonable and prudeni.
dl Stale whether applicable accounting standards have been followed, subject to any material departures disclosed
and explained in the Financial Statements.
The trustees are responsible for keeping sufficient accounting records that di5c105e with reasonable accuracy at any
time the financial position of the charity and enable them to ensure that the Financial Statements comply with the
Charitie5 Act, Charity Reporting and Accounting Guidance, and the provisions of the tru51 deed. They are also
responsi ble for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and
detection of fraiid and other irregLilarities.
rhe PCC..
The method of appointment of PCC Menibers 15 set out in the Church Representatioii Rule3. The iiieinber51iip of tlie
PCC consists of the incumbent Ithe vicar), churchwardens, those co-opted by the PCC until the next APCM, and PCC
members elected by those members of the congregation who are on the electoral roll ol the church. All mem bers of
the congregation and others are encouraged to register on the Electoral Roll and stand tor election to the PCC.
The full PCC met seven times during the year, with Church team meetings Isee below) meeting in the months between.
The PCC conduct5 mvch business via emails too, and at PCC meetings received reports in areas including Safeguarding,
Worship, Children's Ministry, Pastoral Caie, Deanery Synod, Fabric, Finance, Global & Social Justice, Eco Church, and
Discipleship. Minute5 of PCC meetings are keot in the vestry, as well as on the Vicar and PCC Secretary's computers.

Shalford PCC
Parish of St Mary's Shalford with St Michael's Peasmarsh
Year ended 31 December 2025
Trustees Report
Structure, Governance & Management Icontinuedl
Churrh T¥fjrn5.-
The PCC has a number of 'church Teams, each dealing with a particular aspect of parish life. Although there is no formal
delegation of authority set up. these teams are all responsible to the PCC and report back to it regularly with some
members also beir)g members of the PCC. St Mary's Church Teams currently are..
Mission, Worship & Discipleship Team
Fabric & Finance Team
safeguarding Team
toral Carc & Ho:pitJlity Tcam
Young St Marf s I Children & Families Team levolvinEI
Eco Champions Team Idormantl
Deonery Synod..
The Parish of Shalford is part of the Deanery of Guildford, in the Diocese of Guildford. Sue Odell was a Deanery Synod
representative throughout the period. Sheila Pickering served 35 a Deanery Synod representative from 28 May 2025
until her resignation on 9 January 2026.
Employees..
The PCC are responsible for employing staff to undertake key roles in the Church, mindful of the Parochial Church
Councils Ipowersl Measure 1956, 5t3tutory employment legislation and other CLJrrent Church of England Guideline"
St
Mary's Church employed the following in 2025.. a Parish Administrator- Pait-time and a Director of Music- Part-time.
Financial Review
Summary
Overall, the f inancial position in 2025 was challenging due mainly to the fact that the vicar had two months well-earned
sabbatical early In the year and then subsequently resigned to take up a new posltion in Yeovil leaving the p3 rish with
a vacancy. This piit extra work on thp relatively small groiip of parishioners rLinning the parish activities which resulted
in fewer fund-raising events than normal during the year. 11 also resulted in some extra expense as all vicarage expenses
fell on the parish and extra work had to be undertaken by the Parish Administrator, Total donation5 and legacies were
higher than the previous year.
The PCC continues lo benefit from the two generous legacies Eiven in 2018 and tontinues to use this unrestricted
reserve for the whole parish community In line with our mission and ministry to all, and to care tor the environment
and our building5 and land. We continued to follow our strategic financial p13 n to use some of the legacy fund in 2025
for any significant capital projects a nd to help maintain and sustain St Mary's into the future. This year there wa5
significant expenditure of èround £17,750 lor preparation work for the repair of the Spire. As a result, our overall
financial statements show a significant loss of just over £46,000 compared with just under £27,000 the previous year
However, after discounting the cost of the spire work, the deficit on the day-to-day running of the church was onlv
marginal ly greater than last year. In view of the special circumstarbces of this year, it is considered that the outcome is
better than might have been reasonably expected.
The PCC'S 5-year financial plan is updated annually, and our aim is to break even on our day-to-day income and
expenditure account a5 soon a5 P055ible. We have continued to pay our Parish Share in full each year. We have
contlnuecl to work hard Ih15 year as a flnance ieam Ilncluding our Parlsh Admlnlsiraior/bookkeeperl to make full use
of our accounting 501tware, ExpensePIus, specifically designed for use by churches and sm311 charities.

Shalford PCC
Parish of St Mary's Shalford with St Michael's Peasmarsh
Year ended 31 December 2025
Trustees Report
Financial Review Icontinuedl
The PCC lia5 contiiiuod to look at ways of iniroasing ils inLJrxe di)d ii) 2025 has been siiccesslul in incrpfi%inx iricoine
Ilii-ough giviiig usiiig the Parish GiviiiLJ Sclieine. 111 2026 wp plaf) lo locus on the 'Giviiig ur Stewari1511itJ L<iiiipaign' with
our cliurch congregation and electoral roll, a5 well as tlie wider parisl) which we hope will provide a mucli-lieeded
increa.sp iii planiied giviiig.
Notes on expenditure
Total expen(lituro from Ilie iii)reslricted funds was F 153,S37 Tl)c g,reatest Pcirt ol t1i15 Wii5 ilio l)ari5h Sliare of £85,513
whirli Wai 50mc 7% hiFkier thJn the prpvious year. Other major expensos, illtlLidod utilities bills of £9,759 whir.h WR5
soine £1,400 less Ilian tlie previous year.
Unrestricted Funds
The balance oli the. Urirp.stricteil fijnds ijn 31 DpceiTiber 2025 was £178,146.
Restricted Funds
The Reslricled Fui)ds are as follows".
Fliiilding {nrgnnJ
The Allen Digit31 Organ piirchased in 2015 which is treated as è fixed a55et. The balance on 31 Dpcpinber 2025 on Iliis
Fund in the accounts is zero as il is lully depreciated.
5h(Jlfordli?Attnt fJi?d Nur5cryScliool
Tliis fuiid receives rent of f 200 per ai)nLini frain Shallord School via Sijrrey Coiinty Council and 15 reslricled to use lor
educatior)al purposes for 11)e scl)oc)I 11) agrepnioi)t will) thp sc.hoDI, aiid any adniinistrative le.es incurred hy Ilie Trustees
(Vicar and ChLJrcl) wardens) as landlords ()[ tlie SLliuul diTrd lui ils lease tu Suri-iy Collllty Coiiiicil. The balance on 31
Dp('.p.n)hpr 2025 011 this luiiil iiTr Ilie accoiiiils is f 1,416.
5peciul Culle(-li01I5 Tl)is Iiincl roceivvs aiiy fiiiidrciisins or.fjpecial collections made lor specilic cl)arities wliicli arl) tlieii paid on
lo tlic, dppropriLlte chirily. rhe b£ilaiicc ol the lui)d is iiornially zero at the ei)d ol the yeai <ind ai)y amoLinis remaining ai
the Lii)d of the year are paid in tlie fullvwii)8 year.
Tlie balai)ce of Restrictpd Funds on 31 Decen)ber 202J was £1,416.
Declarations
The trustoes declare that they have approved the trustees, report above.
Signed on behalf of the charity's trustees
Signaturelsl
Full name{sl
T14CNA-.
fiIL)¥, i.IL. I
Position le.g. Secretaryj Chair,
ètcl
Date

Report Df the Independent EKaminers
I report to tlie charity trustees on my examination of the accouiits of The Parochial Church Council of Thè
Ecr.lesiastical Parisl) of Slialford in The Diocose of Giiildlord Itlie charityl for the year ended 31 December
2025.
Responsibllities and bagls of report
As the trustees ol the charity you are responsible for the preparation of the accounts in accordance with
thc rcquiron)ent" of the Charitic: 20111'thc Act'l.
I report in respect ol my examination of the chaiity's account5 carriod out ￿nder sectio￿ 145 01 the Act and
in carrying out my examinatioii I have followed all applicable Directions given by the Cliarity Conimission
under seclion 14515llbl of the Act.
Independent Examlnels Staiement
I have coinpleted niy examinatiop). I confirm that no niaterial matters have come to my attention in
connection with the examination 6ivin6 me c8u5e to believe that In any materlal rc5pect".
accovntin8 records were not kept in respect of the charity as required by section 130 of the Act,. or
2. tIIv dLcuuiils iiut dLLUI d wiLlI LIIusv IVLUI tjs, vi
3. the accounts do not comply witli the applicable requirements concerning the foim and content of
accounts set out in the Charilies (Accouiits aiid Reports) ReRulalions 2008 other than anv
roqtiireinent that the accounts give a true and fair view whicli is not a matter considered a5 part of
an independent exatnination.
I have Iiu CO￿Ler￿S dli(I h(Iv¥ ¢Dine dLIU55 Ottrier ITldrter5 Iri iurinecilon wlth the examlnatlon TO whlch
attention sliould be drawn in this report in order lo enable a proper understanding of the accountg to be
reached,
A. J. Bennewith FCA, FLPA, FFA, FFTA, FIPn, DChA, FRSA
Upper Ground Floor
18 F3ri)h3m Road
Guildlord
Surrey
GU14XA
OIL

Shalford PCC
Parish of St Mary's Shalford with St Michael's Peasmarsh
Year ended 31 December 2025
Statement of Financial Activities
31.12.25
31.12.24
Unrestrirted
funds
Restricted
f unds
Total
f unds
Total
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and Legacies
Other activities
81,382
5,994
81,382
5,994
73,419
11,496
Investments
5,823
18,829
5,823
5,428
Charitable Activities
200
19,029
26,663
Total
112,028
200
112,228
117.006
EXPENDITURE ON
Charita blc Activitic-
153,537
153,537
146,614
Total
{41,5091
200
141,3091
{29,6081
2,748
Unrealised gain on
investments
Rpaliipd Ila££l nn
investments
14, 5961
NET (EXPENDITURE)
146,1051
200
145,905)
126,860)
Transfers Between Funds
Net Movement in Funds
146, 1051
200
145,9051
126,8601
RECONCILIATION OF FUNDS
Total Funds Broueht Forward
2?.4.?.41
1,?16
??s,aA7
?5?,327
TOTAL FUNDS CARRIED FORWARD
178,146
1,416
179,562
225,467
The notes form part of these financial statements.

Shalford PCC
Parish of St Mary's Shalford with St Michael's Pea5marsh
Year ended 31 December 2025
Balance Sheet
31.12.25
31.12.24
Unrestricted
funds
Restricted
funds
Total
fund%
Total
fiinds
Notes
Current Asset5
Cash
176,106
1,416
177,522
106,962
Accounts Recoivable
12
5,857
5.857
3.505
Prei)aynients
535
535
Total current assets
182.498
1,d16
183,914
110,467
Non-current Assets
Fixod Assets
io
Investmerits
122,828
Total non-¢urrent a55ets
122,828
Current Liabilities
Accounts Payable
Doferred Incc)me
13
3,826
3,826
5,991
526
526
1,8.37
Total current liabilities
4,352
4,352
7,828
Total Net Assets (Assets
Minus Liabilities)
178,146
1,416
179,562
225,467
Represented By
Unrestricted funds
14
118, l46
1,416
224,251
Restricted funds
1,216
TOTAL FUNDS
179.562
225,467
The notos forfll P£?rl of these financial stiltements.
Approved by the Parochial Church Council on
and signed on its belialf by:
Ann Thomas IPCC Vice - Chairl
Date
io

Shalford PCC
Parish of St Mary's Shalford with St Michael's Peasmarsh
Year ended 31 December 2025
Notes to the Financial Statements
ACCOUNTING POLICIES
General informatlon and basis of preparation of the financial statements
The Parochial Church Council of the Ecclesiastical Parish of Shallord in the Diocese of Guildford is an unincorporated
charity in Engla nd. The financial statements of the charity, which is a public benolit entity under FRS 102, have been
prepared in accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by Charities.. Statement of
Rccommended Practice Jpplicablc to ch3ritic: prepJring their ac¢ount£ in accordance with the Financi31 Reporting
Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191,, Financial Reporting
Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act
2011. The flnanclal staiemenis have been prepared under tIIE lii5turiiiil LUSL Lvriveiiliuii, willi Llie ¥XLetJliuri ul
investments which are included at market value.
The cha rily has taken advantage of the following disclosure exemption in preparing these financial statements, as
permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland.
the
requircments of section 7 Statement of Cash Flows.
Income
All income is recognised in the Statement of Financial Activitie5 once the charity has entitlement to the funds, il is
prnb2hlp that thp inrnmp will hp rpr.p.ivpd, and thè amaunt can be measured reliablv.
For legacies, entitlement is taken as the earlier of the date on which either.. the charity is aware that probate has been
Eranted, the estate has been finalised and notification has been made by the execulorlsl to the Charity that a
distribution will be made, or when a distribution IJ rcccivcd from thc cotate. Rcceipt of a legacy, in whole or ir) part,
Is only considered probable whon the amount can be measured reliably, and the charity has been notified of the
executor's intention to make a distribution. Where legacies have been notified to the charity, or the charity 15 aware
of Ihe graniing of probaie, and the crlterla for Income recognlllon have noi been met, thern the legacy 15 a treated a5
a contingent asset and di9closed if material.
Donated services or facilitie5 are recognised when the charity has control over the item, any conditions a550ciated
with the donated item have been met, the receipt of economic benefit from the use of the facility or item is probable
and that economic benefit tèn be measured reliably. In accordancc with the Charities SORP IFRS 1021, gencral
volunteer lime is not recognised and refer to the Trustee5' report for more information about their contribution.
On receipt, donated profe55ion31 service5 and donated facilities are recognised on the basis of the v31ue of the gift to
the charity which 15 the amount the charity would have been willing to pay to obtain services or facilities of equivalent
economic benof it on the open market,. a correspondin8 amount 15 then r45fo8nisgA in K5xpenditiirp in thg ppriod of
receipt,
Investment income is earned throuEh holding assets for investment purposes such as shares. It includes dividends and
iiitei"e5t. Interest income is recognised using the effective interest method and dividend income is recognised when
the charity's right to receive payment is established.
Expènditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation cornmitting the charitv
to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount
of the oblisation can be mcauurcd rcliably. Expenditurc i"
accounted for on an accruals basir and has been clastdified
under headings that aggregate all cost re13ted to the category. Where costs cannot be directly attributed to particular
headings, they have been allocated to activities on a basis consistent with the use of re50urce5. Gr3 nts offered subject
to condition5 which have not been met at the year-end dale 3re noied as a commiimeni but noi accrued a5
expenditure.
li

Shalford PCC
Parish of St Mary's Shalford with St Michael's Peasmarsh
Year ended 31 December 2025
Notes to the Financial Statements
Volunteeis and donated services and facilitie5
The value of service5 provided by volunteers is not incorporated into these financial statements.
Golng concern
The trustees have continued to adopt the going concern basis for preparing these financial statements. They have
done 50 On the grounds that the charity has and continues to have sufficient funds to meets it5 obligations as they fall
due.
TanBlble fixed assets
Consecrated and benefice property is not included in the accounts in accordance with $1012llal and Icl of the Charities
Act 2011.
Moveable church furnishings held by the Vicar and Churchw3rden5 on special trust for the PCC and which require a
faculty for disposal are inalienable property, listed in the Church's inventory, which can be inspected lat any
I"ea5011a ble tiiiiel. All expend￿ture incurred during the year on consecrated or beneficed building5 and movable Church
furnishings, whother maintenance or improvement, is written off as expenditure in the Statement of Financial
Activities and separately disclosed.
Other land and buildings
St Michael's Church and Hall, Peasmarsh is a dedicated daughter church in the Parish of Shalford held by the Parochial
Church Council of the Ecclesiastical Parish of Shalford a5 Trustee. All expenditure incurred during the year on these
buildings and movable furnishings, whether maintenance or improvement, 15 written off as expenditure in the
Staternent of Financial Activities and separately disclosed.
other fixtures, fittings and office equipment
Equipment uged within the St Mary'9 3nd St Michael's Church premises is depreciated on a str2isht-line basis over 10
vears. Individual items with a purchase price of £5,000 or less are written off when the asset 15 acquired.
Taxation
The charity is exempl from tax on its charitable activities.
Restricted funds
Restricted fund5 represent..
Income from trusts or endowments which may be expended only on those restricted objects provided in the
terms of the trust or bequest, and
Donations or grants received for a specific object or invited by the PCC for a specific object.
The funde may only be expended on the specific object for which they were 8iven. Any b31ance remaining unspent at
the end of each year must be carried forward as a balance on that fund. The PCC does not Usually invest separately
for each fund.
Where the capital is re5tiicted, but tlie iriiuiriv ggrieidlvd ilivrEuri is Iiul, Ilie Cdpildl b<ildllLe 15 sliuwii wiLliifi Ivbli iLtvd
funds and the income within unrestricted funds.
Unreslricted funds
Unreslricled funds Bre general fund5 which can be used for PCC ordinary purposes, Designated funds are funds Set
Eidp nijt nf thp. unrg..£tricted funds for future work.
12

Shalford PCC
Parish of St Mary's Shalford with St Michael's Peasmarsh
Year ended 31 December 2025
Notes to the Financial Statements
Investments
Investments are valued at their market va lue at the balance sheet date. Gains and losse5 on disposal and revaluation
of inve5trllents are credited or charged to the Statement of Financial Activities.
Cash and cash equivalents
Cash and cash equivalent5 incl ude cash in hand and cash deposits with financial institutions that are readily convertible
to known amounts ol cash with insignificant risk of change in value.
Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered, Prepayments are
valucd at thc amount prepaid nct of any trade dit¢OLtntt due.
Liabilities and provisions
L13bllllles are recogn15ed when there 15 an obligation at the bil(Ince slivei d(Ilg d5 d fE5uIi vf (I pasl everit, it is probdblv
that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated
reliably. Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount
it has received a5 advanced payments for the goods or services it must provide. Provisions are measured at the best
estimate of thc amounts required to settle the obligation.
13

Shalford PCC
Parish of St Mary's Shalford with St Michael's Peasmarsh
Year ended 31 December 2025
Notes to the Financial Statements
2. DONATIONS AND LEGACIES
Unrestricted
funds
Restricted
funds
31.12.25
31.12.24
Donations and gifts
Donations and gifts
Tax recovered
Legacie5
61,450
14,432
5,500
61,450
14,432
5,500
60,151
12,768
500
81,38?.
81,382
73.419
3. OTHER ACTIVITIES
Unrestricted
funds
Restricted
funds
31.12.25
31.12.24
Community fundraising events
5,994
5,994
11,496
5,994
5,994
11,496
4. INCOME FROM INVESTMENTS
Unrestricted
funds
Restricted
funds
31.12.25
31.12.24
Income from listed investments
Interest
3,413
2,410
3,413
2,410
3,334
2,094
5,823
5.823
5,428
5. INCOME FROM CHARITABLE ACTIVITIES
Unrestricted
funds
Restricted
funds
31.12.25
31.12.24
Church activities
Chu rch/hall lettings
Fees
Md¥dLIII¥ ¢lLlvei Li5iiig
Magazine subscriptions
Other income
Recovery of VAT
6,408
2,292
5,203
3,276
939
711
6,408
2,292
8,940
3,674
3,276
1,139
711
1,978
1,380
5,080
200
18,829
200
19,029
2G,663
14

Shallord PCC
Parish of St Mary's Shalford with St Michael's Peasmarsh
Year ended 31 December 2025
Notes to the Financial Statements
6. CHARITABLE ACTIVITIES
Activities
undertaken
dire¢tly
Grant
f unding of
activitios
Support
costs
31.12.25
31,12.24
Church activities
Religious and secular
charities
Govornancg costs
152,697
152,697
145,654
514n
840
960
152,697
840
153,537
146,614
Church activities
Included within Church activities of £152,697 15 f 85,513 for thp ?0? E Dincpsan Parish Sharp.
7. GOVERNANCE COSTS
Unrestricted
funds
Ilestricted
funds
31.12.25
31.12.24
Examiner's Fee
840
840
960
840
840
960
8. TRUSTEES, AND KEY MANAGEMENT PERSONNEL REMUNERATION AND EXPENSES
riemuneration or benefit3 paid to trustCCJ of thc PCC durin6 the ycar amountcd to £nil12024 £nill.
Trustees, expenses
During the year the PCC paid visltinE ministors £6412024 - £nill and paid trustoes of tho PCC £nil12024
9. STAFF COSTS AND EMPLOYEE BENEFITS
The average monthly number of employees during the year was 212024 - 21.
15

Shalford PCC
Parish of St Mary's Shalford with Sl Michael's Peasmarsh
Year ended 31 December 2025
Notes to the Financial Statements
10. TANGIBLE FIXED ASSETS
Unrestricted
funds
Restricted
funds
31.12.25
31.12.24
Cost..
At l January 2025
Depreciation..
At l January 2025
CharEe for theyear
12,355
12,355
12,355
112,3551
112,355)
111,1551
11,2001
Net book value
Fixed assets comprise the Allen Digital Organ purchased in 2015.
11. INVESTMENTS
31.12.25
31.12.24
Cost
Unrealised gain/110ssI at 3 1 December
Realised loss durinR the year
Disposal proceeds d uring the year
120,000
120,000
2,828
(1,7681
1118,2321
122,828
12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.25
31.12.24
GifL Aid ieLVIVdbl
Accounts receivable
4,976
881
3,203
302
5,857
3,505
13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.25
31.12.24
Agency collections
Accouiit5 payable
Taxation and social security
2,804
1,022
5,204
787
3,826
5,991
16

Shalford PCC
Parish of St Mary's Shalford with St Michael's Peasmar5h
Year ended 31 December 2025
Notes to the Financial Statements
14. THE FUNDS OF THE CHARITY
At 1.1.25
Income
Payments
Realised
gain / Ilossl
31.12.25
Unrestricted Funds
Genera1 fLind
Restricted Funds
Building Iorganl
5halford Infant
Nursery School
Special collections
22a.251
112.028
1153,5371
14,5961
178,146
1,2 16
200
1,416
TOTAL FUNDS
225,467
112,228
1153,5371
14,5961
179,562
15. RELATED PARTY DISCLOSURES
There were no related party transactions during the years ended 31 December 2025 or 31 December 2024.
17

Shalford PCC
Parish of St Mary's Shalford with St Michael's Peasmarsh
Year ended 31 December 2025
Detailed Statement of Financial Activities
31.12.25
31.12.24
INCOME AND ENDOWMENTS
Dvridlior)s ai)d 8ifis
Donations and gifts
Income Tax Recoverv
Legacies
61.450
14,432
5,5UU
81,382
60,151
12,768
500
73,419
Other activities
Community fundraising events
Investments
Income from listed investments
Interest
5,994
11,496
3,413
2,410
5,823
3.334
2,094
5,428
Chiirit%iblE dctivities
Churchlhall lettings
Fees
Magazine advertising
Magazine subscriptions
Other income
Recovery of VAT
S,408
2.292
5,203
3,276
1,139
711
19,029
112.22A
8,940
3,674
5,611
1,978
1,380
5,080
26,663
117.006
Total income and endDwments
EXPENDITURE
Charitable activities
Support 105ts
Depreciation
Legal fee5
Maintenance costs
M inislry: Diocesan parish share
Ministry.. M i55ion & ministry
Ministry.. Vicarage running costs
Other use of legacy receipts
Parish magazine costs
Parish office expenses
Repairs to St. Mary 5
Running co=
Salaries
Work on Peasmarsh Hall
Vacancy costs
Grants
Religious and secular charities
Governance costs
Examiner'5 fee
Total expenditure
Net lexpenditurel
1,200
1,000
,uyu
85,513
507
170
720
5.307
1,772
18,076
23,034
12,885
I,siy
79,745
684
153
9,584
4.290
1,198
8,978
25,891
11,328
1,284
623
840
153,537
141,3091
960
146.614
129,6081
Tliis Pd¥¥ duvs Iiul lui ii) ydi t vf tlie 5tatutoi y fiiiaiicial statenients.
18