THE PAROCHIAL CHURCH COUNCIL OFTHE ECCLESIASTICAL PARISH OF ST. PETER & ST. PAUL, ALDEBURGH REPORT OFTHETRUSTEES FOR THE YEAR ENDED 315TDECEMBER 2025 Parochial Church Council of St Peter and St Paul, Aldeburgh -) Annual Report For the year ended 31st December 2025 Rector: The Reverend Sarah du Boulay Assistant Priests: The Reverend Nichola Winter IOLMI The Reverend Johanna Mabey ISSMI Assistant Curate.. The Reverend Mary Brown Registration number 1128659
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PETER & ST. PAUL, ALDEBURGH REPORT OFTHE TRUSTEES FOR THE YEAR ENDED 31sTDECEMBER 2025 Contents Page Administrative Information Report from the Trustees Report from the Independent Examiner li Statement of Financial Affairs 13 Balance Sheet 15 Notes to the accounts 16
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PETER & ST. PAUL, ALDEBURGH REPORT OFTHE TRUSTEES FOR THE YEAR ENDED 31sTDECEMBER 2025 Administrative Information Bank Barclays Bank PIC I Princes Street Ipswich IPI IPN United Trust Bank Virgin Money CCLA Investment Fund Independent Examiner Rickard Luckin Limited First Floor, County House 100 New London Road Chelmsford CM2 ORG Treasurer Mr Robert Fleming The Parish Office Victoria Road Aldeburgh, IP15 SEA Parish Administrator Mrs Claire Turner IResiEned 27, March 20261 The Parish Office Victoria Road Aldeburgh, IP15 SEA Minute Secretary Mrs Jenny Digbv The Parish Office Victoria Road Aldeburgh, IP15 SEA 31Pi¢ ge
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PETER & ST. PAUL. ALDEBURGH REPORT OFTHETRUSTEES FOR THE YEAR ENDED 31srDECEMBER 2025 Administrative Information St Peter and St Paul Church is situated in Victoria Road Aldeburgh. It is part of the Diocese of St Edmunsbury and Ipswich within the Church of England. The correspondence address is the Parish Office, Victoria Road Aldeburgh, Suffolk IP15 SEA The Parochial Church Council IPCCI is a charity with the Charity Commission - number 1128659. PCC members who have served from l January 2025 until the date of signing of the report are.. Incumbent (Chairman I" January 2025- 31" December 20251.. The Reverend Sarah du Boulay Asslstant Curate.. The Reverend Mary Brown Asslstant Priest.. The Reverend Nichola Winter, SSM Assistant Priest.. The Reverend Johanna Mabey Warden: None Representatives on Deanery Synod IFor the new triennium until 20261- Mrs Carrie Spence, Dr Glll Thomas Lay Members ofthe PCC: Canon Dr. Mo Blackburn- Resigned May 25 Mrs. Sandra Saint- Resigned May 25 (until 20261 Mr. Roderick Linsell (until 20261 Mrs. Jenny Digby (until 20261 Mr. Ken Smith Resigned May 25 (until 20261 Mr. Derek Cook luntil 20261 Mr. Julian Worster luntil 20261 Mr. Andrew Scrivens luntil 20261 Ms Carola Spence (until 20271 Miss. Ros Blackburn (until 20271 Mrs. Linda Karen Thackrav (until 20271 Mrs. Cheryl Smith (until 20271 Mr. Simon Cobbin There were nine meetings of the PCC during the year, includinE that after the Annual Meeting. Note I: PCC Vacancies Based on the current number of members on the electoral roll, there may be up to nine elected members to the PCC. PCC members are elected to serve a three-year term. Six lay members of the PCC finish their elected terms at the 2026 APCM, which will leave total lay membership of ten if they are all reappointed. There are therefore currently no vacancies. 41Vage
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PETER & ST. PAUL, ALDEBURGH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31srDECEMBER 2025 Trustees Report The Trustee5 present the report and financial statements for the year ended 31 December 2025. The financial statements have been prepared in accordance with the accounting policies set out to comply with the Charities Act 2011 and Accounting and Reporting by Charities. Statement of Recommend Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard. The information set out on page I forms part of this report. Structure Governance and M3n3gement'. The method of appointment of PCC members is set out in the Church Representative Rules. All Church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC. There are currently two other committees, the Standing Committee and the Legacy Committee. All Church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC. Day-to-day management and running of the charity is tarried out by the Rector and a small team of volunteer5. The PCC members received no remuneration. There are no transactions with related parhes requiring disclosure. Objectives and Activities: The PCC of St. Peter & St. Paul, Aldeburgh, has the respon5ibillty of co-operating with the incumbent, and the assistant Priests in promotinE in the ecclesiastical parish the whole mission of the Church,. pastoral, evangelical, social and ecumenical. It also has responsibility forthe maintenance and Ljpkeep of the church building, church hall and Fairlield Centre. The PCC has a support structure which includes StandinE Committee which has power to transact business between PCC meetinES. A Legacy Committee was set up to develop and monitor projects to be funded from the major legacy received. The Diocesan Board of Finance is Custodian trustee of both the Church Hall and the Fairlield Centre. The PCC has complied with the duty under section 5 of the Safeguarding and ClerEY Discipline Measure 2016. The PCC promotes a safer church for all, and has ensured that there is a plan in place to raise awareness of, promote training and ensure that safeguarding is taken seriously by all those in the church community. In accordance with Charity legislation, when planning our activities for the year, the incumbent and the PCC have considered the Charity Commission's guidance on public benelit and, in particular, the specific guidance on charities for the advancement of religion. We try to enable people to live out their faith as part of our parish communily through= • Worship and prayer,. learning about the Gospel and developing their knowledge and trust in Jesus Christ Provision of pastoral care for people living in the parish and those visiting • Missionary and outreach work Provision of a venue for musical and other artistic endeavours for the benefit of the community.
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PETER & ST. PAUL, ALDEBURGH REPORT OF THETRUSTEES FOR THE YEAR ENDED 31sTDECEMBER 2025 To facilitate thls work, it is important that the fabric of the church, church buildings, car park and churchyard are well maintained. Both visitors and worshippers are welcomed. Fundralslng The main source of funding is from donations from the Church family and supporters and giving by others at worship. The Church continues to receive legacie5 including one of around £1,000,000 in 2024. It is the policy to place these into designated funds and to use them for specitic purchases to enhance the Church. The Rector has some ideas for projects which she and the PCC may implement in 2026. The major legacy was split into allocated funds for some projects to be actioned as soon as possible with around half to be retained until the lirst phase of projects completes. Although the Church is in the forturbate position of having strong cash reserves, most of this is in respect of designated or restricted funds. The Rector and PCC are striving to increase donations and other income, whilst controlling expenditure to the point that Unrestricted funds achieve a break even position each year, The car park generates around £20,000 income a year which is welcome and the hall also used by several regular groups and they pay rent. It is the target of the PCC to balance the general fund by the end of 2026, or 2027 at the latest. The Charity has not subscribed to any external fund-raising scheme5 or regulation in the year either as requirement or on a voluntary basis. Fundraising has been on a small scale and locally based and there have been no failures to meet any regulation. The Charity did not monitor the fundraising activities of any individual. There were no complaints received in the year as a result of any fundraising activity. Electoral Roll The Church of England Roll adopted at the Annual Parochial Church Meeting on 25th May 2025 stood at 93 with of whom 13 lived outside the parish. Review of the Year from the Rector God's church does not run by virtue of individuals, nor by luck or by throwing money at any problems. God's church runs because of a whole team of people who generously give their time, experiTSe, financial support, kindness, faith, goodwill, and hope. We prdy faithfully and we try to tread where God is already at work, brinEing His love and His mission into our community. As always, I must start bythanking all of our wonderful volunteers, without whom the church wouldn't function - either as a worshipping body, or as a building. Our team of Sacristans, Cleaners, Sidespeople, Flower Team, PCC, Coffee Team, Choir, Rota Organisers, Readers, Organists, Friend5, Sanctuary Guild. people who pray so faithfully, and many others who give of themselves, their time and their resources so freely. Thank you all from the bottom of my heart.
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PETER & ST. PAUL, ALDEBURGH REPORT OF THETRUSTEES FOR THE YEAR ENDED 31sTDECEMBER 2025 Thank you also to our dedicated ministry team, both lay and ordained. Rev'ds Mary and Nicky, our retired priest5 and Lay Elders are all so generous with their time and themselves, and it 15 a continued pleasure to minister alongside you. This year we have welcomed Elly to our team of employees as our Interim Fairfield Centre Manager, and she has already made a huge difference to its running and engagement with the community. We have also said goodbye to Robert as our Treasurer and Claire as our Benelice Administrator. We will miss them both and greatly appreciate all their hard work and support as members of the team. At the time of writing I cannot name their replacements, but by the time you read this report, both Wil be in place and I'm sure already settling in to the rhythms of benetice life. My not-so-secret prayer of doubling the number of baptisms we hold each year is still being honoured by God. and it is really excitin8 that this ministry is growing across the whole benetice. We have also held a large number of funerals, weddings and wedding blessings, and it Is such a privilege to be part of peoples lives at these important time5. In 2025 we welcomed Bishop Joanne to preach at the Festival Service (before we knew she would be moving to Suffolk as our Diocesan Bishopll, and had wonderful celebrations throughout the year during Advent, Lent, carnival weekend and otherfestival times. Over Christmas Eve and Christmas Day, we also welcomed nearly 1,000 people into Aldeburgh church, which was a phenomenal occasion. We are readverh5ing for the post of Children and Families Worker, and pray that the right candidate will step forward and join us here in Aldeburgh. In the meantime we are still enjoying Ereat relationships with our ecumenical friends in the Baptist and Catholic churches. The full-time ministers meet every month for breakfast, to pray for Aldeburgh together and share plans las well a5 our usual planning meetings), and this practice ha5 really strengthened the mission we do together in the town. Much has changed in the nearly 4 years since I have joined you as your Rector, and although not all of it has been easy, it is a real joy to look back and see how far we have come together. I feel as though God has really honoured our prayers, faithfulness and passion for Him, for each other and forthe Good News of the Gospel, and l am excited to see what He has in store for us over the next season. As last year, I would like to Invite you to please join me in praying for our church, and our parish of Aldeburgh,. that over the next year we can continually to prayerfully discern God's talling to us, and continue to spread the Good News of the Gospel throughout His kingdom, joyfully loving God and loving each other as He would have us do "Teacher, which is the greatest commandment in the Law?" Jesus replied: 'Love the Lord your God with all your heart and with all your soul and with all your mind., Thi5 IS the tirst and greatest commandment. And the second is like it. Love your neighbour as vourself., All the Law and the Prophets hang on these two commandments." Matthew 22..3640 Rev'd Sarah du Boulay Rector
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PETER & ST. PAUL, ALDEBURGH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31sTDECEMBER 2025 Financial Review of the year The Charity held £1.48million at the end of the year in total funds. Of these £339k are in respect of Endowments or can only be used for restricted purposes A further payment of the major legacy granted in 2024 was received in the year and this has been designated to develop the fabric and operations of the Church. We have now received a total of £975k, with the promise of around £33k to come which has been accrued for. The Church has set up a Legacy Committee to ensure that the best use is made of this income and to oversee the spending of the legacy, building a balar5ce between using the money but giving very careful, prayerful thought as to how it is used. Approximately half has been designated towards several improvements to the fabric of the Church, the other half 55 being retained on investment and once the first phase of projects have been completed, further consideration will be used as to how best the remainder can be used to develop the Missional, Ministerial activities of the Church, or used for the improvement of the facilities. In the meantime, the interest accruing is also used to support the on-going Mission of the Church. Projects identified to date include to improve the lighting and flooring in Church and the renovation of the Church hall. The works on the hall got underway in March/April 2026. The Trustees have acknowledged the significance of the legacy and are working on the basis of using 50% of the legacy on projects to be initiated in the short term. These projects are currently being developed. The remaining funds will be retained until these projects have been completed, however this sum could be used at anytime if a 5Ultable opportunity arises. The trustees acknowledge that the legacy was not given to be just held as investment, but do not wish to rush into a "spend, spend. spend" culture, rather to ensure that best Use of the money is made to give a lasting heritage. It is expected that significant sums will be spent each year for the next 5 years, depending on securing the rkecessary authorisations for the works to be carried out. All the funds are currently held on an investment account with instant access, earning a reasonable rate of interest. The Trustees will explore the possibility of any other investment with up to 12 month's notice giving a superior rate. A full investment policy is also in the process of being prepared to balance risk with reward. The Charity will only deposit funds in an approved bank investment account and will not speculate by investin8 in any risk based investment such as Bitcoin, Stocks and share, gold or any other commodity The reserves held at the end of the year were £1.15m after deduction of restricted funds. Of this, £1.07m has been designated. The Charity is currently formulating a reserves Policy as a result of the sudden influx of funds from the legacy. Previously it aimed to keep a sum equivalent to 3 months running costs in unrestricted reserves.
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PETER & 5T. PAUL, ALDEBURGH REPORT OFTHE TRUSTEES FOR THE YEAR ENDED 315TDECEMBER 2025 The tinancial effect of the legacy has been to improve liquidity significantly and to give the charity some comfort as it continues to recover from the effects of the Covid pandemic and to ensure that its general income can cover is general running costs. Robert Fleming Treasurer
THE PAROCHIAL CHURCH COUNCIL OFTHE ECCLESIASTICAL PAR15H OF 5r. PEfER & ST. PAUL. ALDEBURGH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 315T DECEMBER 20ZS Statement of the Responslblllties of the Trustee5 In respÈtt ol the Fln•nclal Statements The Charilv trustoes are re5POT151ble fof preparlnB a tru5tee5' annual reptsrt and financlal slatements In accordance wilh applicable law and Unlted Kingdom Accounting Standards IUXGAAPI. In preparlng the thnancial stalement5 the trvstees are requlred to.. • select 5Ultable accounting poll¢ies and apply tl)em conslstently. observe the methods and principles In the applicable Charities SORP,. • make judgments and estimate5 that are reasonable and prudenl., • state whether applicable accounting standards have been followed, subject to any material departures disc105ed and explained In the linanclal slatements; and • prepare the financlal statements on the golnt concern basls unle55 jt Is Inapproprlate to assume that the charity wlll continue in business. The trustees are respon5iblefor keeping proper accounting recordsthat dlsc105e wlth reasonable accuracy at any time the flnancial position Of the charity and to enable thetn to ensure that the fi"nanclal statements comply wlth the Charitie5 Art 2011 and the appllcable Charitle5 IAccounts & Reports) Regulations. They are responsible for 5afeguarditsg the 355ets of the charlly and takine reasonable step forthe prevention and all detertion of fraud and other Irre6ularltles. The report was received bythe board of trustees on I/LFl20kn. The Revd Sarah du Boulay Ichalrmanl
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PETER & ST. PAUL, ALDEBURGH REPORT OFTHE TRUSTEES FOR THE YEAR ENDED 315TDECEMBER 2025 Independent Examiner's Report to the Trustees of The Parochial Church Council of The Ecclesiastical Parish of St Peter & St Paul, Aldeburgh I report to the trustees on my examination of the financial statements of The Parochial Church Council of The Ecclesiastical Parish of St Peter & St Paul, Aldeburgh I'the charity'l for the year ended 31 December 2025 which comprise the Statement of Financial Activities, the Balance Sheet and related notes. This report is made solely to the charity's trustees, 85 a body, in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the charity's trustees those matters l am required to state to them in this report and for no other purpose. To the fullest extent permitted by law. I do not accept or assume responsi bility to anyone other than the charity and the charity's trustees as a body, for my work, for this report, or for the opinions I have formed. Responsibilltles and basis of report As the trustees of the charity you are responsible for the preparation of the f inancial statements in accordance with the requirements of the Charities Act 20111.the Act'l. I report in respect of my examination of the charity's f inancial statements carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the Act. An independent examination does not involve gathering 811 the evidence that would be required in an audit and consequently does not cover all the matters that an auditor onsiders in giving their opinion on the f inancial statements. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently l express no opinion as to whether the financial statements present a 'true and fair, view and my report is limited to those specific matters set out in the independent examiner's statement. Independent examiner's statement Since the trust's gross income exce8ded £250,000 your examiner must be a member of a body listed in section 145 of the 2011. 1 confirm that l am qualified to undertake the examination because l am a member of ICAEW. which is one ofthe listed bodies. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the charity as required by section 130 ofth8Act' or
the financial statements do not accord with those records. or the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reportsl Regulations 2008 other than any requirement thatthe accounts give
THE PAROCHIAL CHURCH COUNCIL OFTHE ECCLESIASTICAL PARISH OF ST. PETER & ST. PAUL, ALDEBURGH REPORT OFTHE TRUSTEES FOR THE YEAR ENDED 315TDECEMBER 2025 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 examination to which 8ttention should be drawn in this report in orderto enable a proper understanding of the financial statements to be reached. Janine Mansfield FCA Rickard Luckin Limited First Floor. County House 100 New London Road Chelmsford CM20RG Date: 2114-126 Date: ........-.-..... 121Page
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PETER & ST. PAUL, ALDEBURGH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31srDECEMBER 2025 Statement of Financial Activitios - 2025 Unrestricted Designated Restricted Endowment Total 2025 Income from:_ Donations and legacies Charitable activities Other trading activities other income Investments Total Income 62,956 40.950 9,569 6,340 2,003 74,528 47,290 8.887 7.312 120,105 8,887 52,183 182.888 44,871 60.780 2,003 Expenditure Charitable activities Raising funds Total Expenditure 145,006 213 145,219 16,853 2.163 164,022 213 164,235 16,853 2,163 Net IncomelExpendlture before transfers 125,1141 43,927 (1601 18,653 Transfers into funds Transfers from Funds Gainllos5 on Investments 10,000 10,000 110,0001 19.6051 110,000) 19,176) 14291 Net Movement in Funds 115,1141 33,927 19,3361 1429} 9,048 Funds brought forward 94.759 1,036,152 324,989 23,871 1,479,771 Funds carried foNard 79,645 1,070,079 315,653 23,442 1,488,819 Signed Date Rev Sarah du Boulay (Chairl
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PETER & ST. PAUL, ALDEBURGH REPORT OFTHETRUSTEES FOR THE YEAR ENDED 31sTDECEMBER 2025 Statement of Financial Activities - 2024 Unrestricted Designated Restricted Endowment Total 2024 Income from:. Donations and legacies Charitable activities Other trading activities Other income Investments Total Income 68,506 46,445 11,516 2,000 5.977 134,444 1,008,000 9,065 1,076,506 55,510 11,516 2,000 20,577 1,166,109 14,600 1,031,665 Expenditure Charitable activities Raising funds Total Expenditure 172,509 448 172,957 14,169 1.203 187,881 448 188,329 14,169 1,203 Net IncomelExpenditure before transfers {38,5131 1,017,496 11,203) 977,780 Transfers into funds Transfers from funds Gainlloss on Inveslfflents 5,135 5,135 Net Movement in Funds 133,3781 1,017,496 11,2031 982,915 Fund5 brought forward 128,137 18,656 326,192 23,871 496.856 Funds carried forward 94,759 1,036,152 324,989 23,871 1.479,771
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASYICAL PAR15H OF SY. pER & ST. PAUL, ALDEBURfjH REPORT OF THE TRUSTEES FOR THE YEAR ENUED 31svDECEMBER 2025 Balance Sheet Asat31' December2025 Asat31' December2024 Flxed Assets Tangible Assets Investment assets Total Fixed Assets 84,794 242,759 328,553 95.B62 253,363 349,225 Current Assets Cash at bank and on deposit Debtors Total current Assets 1.122,772 47.180 1.169,952 1,034.746 114,000 1,148.746 Current Llabllities Creditors payable within one year 9,686 18.200 Total Liabllltles 9.686 18.200 Total NètAsset5 1,488.819 1.479,771 Reserves Unrestricted Designated Restricted Endowment 79,645 1,070,079 315.653 23.442 94.759 1,03G.152 324.989 23.871 Total reserves 11 1,488.819 1.479,771 Approved and signed on Behalf ol the Church council by The Reverend S818h du Boulay Chair Date I Iw/2036
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PETER & ST. PAUL, ALDEBURGH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31sTDECEMBER 2025 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Basis of preparatlon Basis of accounting These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notelsl to these accounts, in accordance with the Statement of Recommended Practice.. Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. issued on l January 2019. The financial statements have been prepared to give a 'true and falr, view and have departed from the Charitie5 (Accounts and Reportsl Regulations 2008 only to the extent required to provide a 'true and fair view,. They do not include the accounts of church groups that owe their affiliation to another body, nor those which are informal gatherings of church members. Going concern At the time of approving the accounts the Trustees have a reasonable expectation that the charity has sufficient reserves and that the charity is a Eoing concern. Changes in basis of accounting There have been no changes to the basis of accounting. However, significantly lower than 2024, an Independent Examination only is required. a5 turnover was Changes to previous accounts There have been no changes to the previous accounts Accountlng policies Funds accounting Funds held by the PCC are= Unrestrlcted funds- general funds which can be used for PCC ordinary purposes. Designated funds- monies set aside by the PCC out of unrestricted funds for specific future malntenance purposes or projects. Restricted funds- income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest,. donations or grants received for a specitic object or invited by the PCC for a specific object. bl
THE PAROCHIAL CHURCH COUNCIL OFTHE ECCLESIASTICAL PARISH OF ST. PETER & ST. PAUL, ALDEBURGH REPORT OF THETRUSTEES FOR THE YEAR ENDED 31srDECEMBER 2025 The funds may only be expended on the specific object forwhich theywere given. Any balance remaining unspent at the end of the year is carried forward as a balance on that fund. Endowment fLJnds- funds the capital of which must be maintained- only income arising from the investment of the endowment may be used, either as restricted or unrestricted funds, depending on the purpose set out in the terms of the original endowment. Incoming resources All incoming resources are accounted for gross. 2.2a Volunta Income Collections are recoBnised when received. Planned giving receivable is recognised only when received. Car park donations are recognised when received Income tax recoverable on Gift Aid donations is recognised when the donation is received and an amount estimated as due but not received is accrued for. Grants and legacies are recognised when the PCC is legally entitled to the amount due. 2.2b Income from investments Interest is accounted for as it accrues. 2.2c All other income ASI other income is recognised when it is receivable. 2.2d Gains and losses on investments Realised gains are recognised when the investments are sold. Unrealised gains and losses are accounted for on revaluation on 31 December. Resources used Resources expended are accounted for on an accruals basis and are accounted for gross. 2.3a Grants and donations Grants and donations are accounted for when paid over, or when awarded where the award creates a binding obligation on the PCC. 2.3b Church Activities The diocesan parish contribution is accounted for when paid. Any parish contribution unpaid at 31 December is provided for in these accounts as an operational Ithough not a legall liabilitv and is shown as a creditor in the balance sheet
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PETER & ST. PAUL. ALDEBURGH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31sTDECEMBER 2025 Fixed Assets Church Hall and Fairlield Centre Buildin Commencing in 2000, depreciation is being provided on the buildings of the Church Hall and Fairfield Centre. The depreciation rates are= Church hall 4% of valuation, Fairlield Centre 2%- 5% of cost. The car park resurfacing is being depreciated at IO% of cost. No revaluation of the buildlngs has taken place subsequently. Investments Investments are valued at the market value at 31 December in the applicable year. Consecrated ro ert and moveable Church furnishin Consecrated and benefice property is excluded from the financial statements by $1012llal of the Charities Act 2011. Moveable church furnishing held by the Rector and Churchwardens on special trust for the PCC and which require a faculty for disposal, are accounted for as inalienable property unless consecrated and Ilsted In the Church inventory which can be inspected at any reasonable time. For inalienable property acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in these accoLsnts. Any items acquired since I, January 2009 have been capitalised and depreciated in the accounts over their currently anticipated useful economic life, usually 4 years on a straight line basis. Other fixtures fittin sande ment Individual items of equipment with a purchase price of up to £2,500 are written off when the asset 15 acquired. The Steinway piano has been capitalised at purchase price and has been depreciated to its estimated minimum residual value of E20,000 All expenditure incurred on consecrated or benetice bulldings, any individual items under £2,500 cost or the repairs top moveable church buildings acquired before I, January 2001 is written off. Investments Investments are stated at market value at the balance sheet date. Current Asset5 Amounts owing to the PCC at 31 December in respect of fees, rents or other income are shown as a debtor less provision for amounts that the PCC believe may prove uncollectible.
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PETER & ST. PAUL, ALDEBURGH REPORT OF THETRUSTEES FOR THE YEAR ENDED 31srDECEMBER 2025 Short-term deposits include cash held on deposit eitherwith the CBF Church of England Funds, or at the bank. Current liabilities Any known liabilities at the year end are provided for together with an estimate of gas and electricity used but not billed. Annual payments such as for insurance are charged in full when paid, Taxation As a registered Charity, the or8anisation is not liable to Corporation tax. VAT Incurred is not recoverable and costs shown gross. 191Pagp
THE PAROCHIAL CHURCH COUNCIL OFTHE ECCLESIASTICAL PARISH OF ST. PETER & ST. PAUL, ALDEBURGH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31sTDECEMBER 2025 Analysis of Income Unaudited Total 2025 Totsl 2024 Unrestricted Designated Restricted 3.1 DOnaOnS and Legacies Planned Giving Collections other donations Income tax recoverable Legacies Total donations and legacies 25,067 18,014 12,698 7,177 25,067 35,210 18,224 15,075 14,801 8,220 7,177 6,000 9,259 1,012,000 74.528 1,076,506 210 loo 2,003 9,259 9,569 62,956 2,003 3.2 Charitable Activities Book stall Church and Hall letting Fees from Life events Parish magazine Car Park Other income Total charitsble activities 1,107 1,684 9,193 1,107 8,024 9,193 1,121 18,295 15.662 6,340 20,372 8,594 40,950 20,372 8,594 47,290 20,262 169 55,510 6,340 3.3 Other Tradlng Activities Fundraising 11,516 3.4 Other Income 8,887 8,887 2,000 3.5 Investments Interest received 7,312 44,871 52,183 20,577 Totsl Income 120,105 60,780 2,003 182,888 1,166,109 20IP'4g,e
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PETER & ST. PAUL, ALDEBURGH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31stDECEMBER 2025 Analysls of Expendlture Totsl 2024 Unrestricted Designated Restricted Total 2025 4 Expenditure 4.1 Fundraising Costs 213 213 448 4.2 Charitable Activities Mission & Charity giving Diocesan Share Clergy & Ministry costs Administration costs Church Running costs Church maintenance Upkeep of services Hall running costs Life event fees Depreciation Other costs Fairfield Centre operation 258 53,609 3,308 25,080 14,885 8,794 10,035 233 1,832 9,865 835 16,272 258 53,609 3,308 25,080 14,885 23,535 11,035 2,033 1,832 11,068 1,107 16,272 3,366 53,293 6,186 43,949 5,743 11,204 24,870 4,169 1,641 11,068 7,998 14,394 13,781 1,000 1,800 960 1,203 272 Total Charitable costs 145,006 16,853 2,163 164,022 187,881 Total Expendlture 145,219 16,853 2,163 164,235 188,329 Administration costs include payment to the Independent Examiner of £5,16012024 £17,400 to the Auditor) stsff Costs 2025 2024 Wages and salaries Salary 25,080 26,549 The number of staff employed is 4. All are part time and no one is paid more than £60,00012024 nil) The Charity is not liable for paying employers Nl contributions under the Governments "small business exemption". The Rector is employed by St Edmundsbury Diocese, the PCC pay her expenses incurred. The total payment to her and the 2 other non-stipendiary Ministers was £3.169 No trustee ha5 claimed expenses although some have made purchases on behalf of the Church and submitted receipts for reimbursement.12024 nil)
THE PAROCHIAL CHURCH COUNCILOFTHE ECCLESIASTICAL PARISH OF ST. PETER & ST. PAUL, ALDEBURGH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31srDECEMBER 2025 Flxed assets. Church Hall and Land Falrtleld Centre Plant & Machinery Total Cost 01.01.2025 130,920 75,243 103,748 309,911 Additions Total31.12.2025 130,920 75,243 103,748 309,911 Depreclallon Depreciation 01.01.2025 89,069 41,232 83,748 214,049 Depreciation in year Depreclatlon 31.12.2025 9,563 1,505 11,068 98,632 42,737 83,748 225,117 Netbookvalue 01.01.2025 41,851 34.011 20,000 95,862 Net bookvalue 31.12.2025 32,288 32,506 20,000 84,794 Investments The investment is an account held with CCLA and revalued each year. Other surplus funds are held on various interest bearing deposit accounts. Market Value I" January 2025 Net gain and revaluation Market value as at 3151 December 2025 253,363 19,6041 243,759 Debtors 2025 2024 114,000 Prepayments and accrued income 47,180 Total 47,180 114,000 2211'age
THE PAROCHIAL CHURCH COUNCILOF THE ECCLESIASTICAL PARISH OF ST, PETER & ST. PAUL. ALDEBURGH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31stDECEMBER 2025 Creditors 2025 2024 Accruals 9,686 18,200 Total 9.686 18.200 | io. Related party transactions The Trustees are all regular worshippers at the Church and as such commit regular giving to the Church. As such their giving is as Christian worshippers rather than Trustees. It is not Possible to calculate how much this totals but no individual gives more than £1,500 per year. The Charity forms part of the Diocese of St Edmundsbury and Ipswich. A charge is allocated by the Diocese to cover the costs of stipendiary Ministers and the support from the Diocese. In 2025, the allocation was £53,60912024 £53,293). In both years the share was paid in full. Church of England sets a series of charges for weddings and funerals and part of this charge is made by the Diocese to contribute to costs of Ministers and the balance to PCC'S to cover the cost of upkeeping the Church the services are held in. In 2025 the Church received £9,193 as fees12024 £15,662 ii. Statement of funds Galnl transfer 01.01.25 Income Expendlture 31.12.25 Unre5trlcted & Designated Church Fairfield Church (Desl Fairfield (Desl 94,759 17,368 6,184 120,106 1145,2201 10,000 79,645 17,368 6,184 Legacy (Desigi Flower Fund Clouston Legacy Nichols Legacy Phelps Legacy Hall Fund 1,012,600 44,916 265 2,000 5,000 2,259 6.340 116,0101 iio,0001 1,031,505 265 2,000 5,000 2,259 5,497 18431 Total 1,130,911 180,886 1162,0721 1,149.724
THE PAROCHIAL CHURCH COUNCILOFTHE ECCLESIASTICAL PARISH OF ST. PETER & ST. PAUL, ALDEBURGH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31sTDECEMBER 2025 Restrleted Art 452 452 Charitable Giving 6,019 6,019 Church House 3,477 3,477 Fabric 6,344 960 19601 6,344 Fabricatlon 99,718 99,718 Glass Doors 462 462 Church Hall Ramp 10,967 11,2031 9,764 Hazell Memorial Choir fund 1,420 1,420 Margaret Smith Legacy 893 893 Margaretwllllams Legacy 5,000 5,000 Mlldred Page legacy Pleasence Partridge Fabric legacy 108 108 170,071 19,1761 160,895 Projection system 523 523 Roof 36 36 Sheila Stainton 2,750 2,750 Stacy Liturgical 12,378 12,378 Trinity Chapel Altar Cloth 3,OOQ 3,000 Vicars and CWTrust 108 108 Youth Club 1,263 1,043 2,306 Total Endowment 324,989 2,003 12,1631 19,1761 315,563 Church House 23,871 14291 23,442 Total Totalfunds held 23.871 1,479,771 14291 19,6051 23,442 1,488.819 182,888 {164,2351 241Page
THE PAROCHIALCHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PETER & ST. PAUL, ALDEBURGH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31sTDECEMBER 2025 Income and expenditure is recorded separately for Fairfield Centre, they maintain their own fund, but this forms part of the Charity Assets. The Legacy received has been placed in a designated fund to be used for Church Improvements upgrades. There are rkumerous restricted funds which have been in place for some time, with little or no movement. Ther Rector and senior officers are in contact with some Ex Rectors to try and build a full understanding of why this money was given and what it can be used for. 12. ReconcilIaOn of funds Fund balances as at 31 December 2025 represented by: Unrestricted 75,170 Designated Restrlcted 9,624 243,759 85,712 Total 84,794 243,759 1,169,952 19,6861 Fixed Assets Investments Current assets 14,161 19,6861 1,070,079 Current Total 79,645 1,070,079 339,095 1,488,819 Fund b313nces as at 31 December 2024 represented by: Unaudited Total 95,862 253,363 1,148,746 118,2001 Unrestrirted 85,035 Designated Re5trlcted 10,827 253,363 84,670 Fixed Assets Investments Current assets Current liabilities Total 17,924 18,2001 1,046,152 iio,0001 94,759 1,036,152 348,660 1,479,771 251PLl89
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PETER & ST. PAUL, ALDEBURGH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31sTDECEMBER 2025