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. p￿ER & 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 DOna￿OnS 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.
ReconcilIa￿On 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