Parochial Church Council of
Holy Trinity Stratford-Upon-Avon with
All Saints, Luddington and
St Helens Clifford Chambers
Financial Statements
of the
Parochial Church Council
For the year ended 31 December 2025
Unaudited
Registered Charity 1128665

PAR()CHIAL CHURCH COUNC]L OF HOLV TRITrIITY STRATFORD-UPON-AVON WITH ALL
SAINT.%' LUDDINGTON AND ST HF.LF.N'S CLIFFORD CHAMBERS
ANNUAL REPORT 2025
CONTENTS
Cbarity Infor￿￿tiO
Annual Report
Independent Exanjiner's Report
Statement of Financial Aetivities
io
12
Balanee Sh¢¢t
13
Statement of cash flows
14
Notes to thc Financial Statemenls
15

PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY sTRATF0RI￿UPoN-AYoN WITH ALL
SAINTS, LUDDINGTON AND ST HELEN'S CLIFFORD CHAMBERS
ANNUAL REPORT 2025
CHARITY INFORMATION
Registered gddress
lThe Parish Centre
Old Town
Stratford-upon-Avon
CV37 6BG
Independcnt Examiner
David Hoose
Forvis Mazars LLP
Second Floor
Three Chamberlain Square
Bimingham
B3 3AX
Bankers
HSBC
13 Chapel Street
Strdtford-uwn-Avon
Wan¥ickshire
CV37 6ET
CAF Bank
25 Killg5 Hill Avenue
Kings Hill
West Malling
Kent
ME194JQ

PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY STRATFORI>UPON-AVON WITH ALL
SAINTS, LUDDINGTON AND ST HELEN'S CLIFFORD CHAMBERS
ANNUAL REPORT 2025
Our primary function being to worship God, th¥ Lhurches in the parish continue to provide regular services,
both on a Suiiday, and, at14oly Trinity, during the week.
Ai Holy Trinity.. Morning Prayer from Monday to Friday. Parish Eu¢harist at l O a.m. on a Sunday. and
various services at 5.00 p.m. on a Sunday, nornially including one or nvo Choral Evensongs, a 'l-raditional
Communion and a Taize seryice each month, with a H¢aling S¢rvi¢¢ when There is a fjfth Sunday in a
month. The early 8 a.m. Communion has been restored on a nornially monthly basis. A new "Presence"
setvice, a traditional fucharist with liturgical strncture but cont¢mpordry music and cliarismatic features,
has been introduLed on ￿eaS1onal Sunday evenings, and "Bubble Churoh.: oriented lo youiiger children,
on altemate early Sunday mornings. Therc is also a Communion service in the Guild Chapel every
Wednesday morning, and, moiE recently introduced, an inforn)al Communion at the K¢n Kenn¢li C¢nlr¢
on Tu¢sdays. The twi¢¢ monthly"Forest Church, on a Wednesday afternoon. offered jointly wilh Stratford
Methodist Chur¢h, is a service held outdoors in the Holy Trinity churchyard, where the participants seek lo
rind G¢)d in nature.
All Saints, in Luddington has a Holy Communion service every Sunday. while St Flelen's in Clifford
Chambers has two services a month.. a Morning Praise and a Holy Communion service.
We have continued live-streaming th¢ 10 o'clock Parish Eucharist from Holy TTinity for the ben¢fit of
house-bound p¢ople and others not able to attend the services in the church.
A most significant event in the aulumn was the visit of our Bishop to our Parish Eucharist to confimi (and
in some cases baplise) several adult5 and teenagers. In addition to growing numkrs at regular Sunday
worship, there has been an in¢r¢a5e in participation at major festIv￿s, with a footfall of around 3,000 a¢ross
the parish at Christmas.
Holy Trinity has a very active coiigregation, with members participating in many groups including- the
Choir: the Bell Ringers, the Bereavement Support Te¢un, the Bubble Church team. the Churchyard
Mainienance V(>lunteers. the Contemplative Prayer Group, the Eco Church Team, the Flower Team,
Fri¢nds olThc Music, Holy Trinity in the Community, Home Groups and Lourse8 the Ken Kennett Centre,
the Lay Chaplaincy, Municipal Charities, Novel Theology. the Pastoral Contaci Teavn, the Prayer Ministry
team, the Social Team, Strntford Chiirches Together, Street Pastors, Sunday Morning Coffee, Trinitv
Fellowship, Faith-in-Film, Trinity Players, Trinity Times. Trinily Tots, Trinity Voioe& the Visitor
Experience Team. and the Welcom¢ Te&s.
Holy Trinity continued to be open for some hours each day during th¢ spring, summ¢r. and autumn, and al
weekends only during the win*r. In addition lo volunteers frovn the congregation. Visitor Welcnmc
Asslstants are now employed durin8 these times. Unfortunately, th¢ trend of increase in visitor nurnbers
and in iiicome derived from thos¢ who pay to go into the Chancel. where the tnain attraction is
Shakespeare's grave. has slowed down, and future opcning and staffing a￿angements are being kept
carefully under review.
The two village churches in our parish are open for prayer for a few hours each W￿k.
Th¢ PCC dccided during 2025 to place more emphasis on the use of our buildings for culture and the arts,
by way of community outrvdch and ¢nga8¢m¢nl. Th¢r¢ tollow three examples uf this.
In June. the Trinity Players put on their pr(duction of Fcderico Garcia Lorca's play The House of Bernarda
Alba in Floly Trinity Parish C¢ntre. Th¢ Players also. earlier iii the year? presented a read version of Alice's
Adventures in Wonderland, as well as. al the church fele in September, the Muminers Play of St George,
and finally aTranged a'living Nativity" tableau in the'walk-through" carol servic¢ on Christmas Ev¢.
Lunchtiine con¢¢rts on a W¢dnebday each week organi5ed by the Friends of the Music, kn(Iwn as
"Soundbites," continue to prove ext￿melY popular. In addition, Stratford Choral Society and i)ther groups
off¢r fr¢qu¢iil evening ¢on¢crts.
Finally> at the end of the yeaT, Hoty Trinity played host to the E8cap¢ Arts"StaTS" exhibition.
Wc have continued to publish our monthly magazine, 'frinity Times,, both online and with some prini¢d
copies deliveTed to those who request and pay for them.

PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY STRATFORD-UPON-AVON WITH ALL
SAIIYTS, LUDDINGTON AND ST HELEf4'S CLIFFORD CHAMBERS
ANNUAL REPORT 202S
The Annual Parochial Church Meeting was held on Sunday I l May. Th¢ El¢¢tornl Roll numlwed 262 from
Hoty Trinity, 13 from All Saints,, Luddington and 17 from St H¢l¢n's, Clifford Chamber5.
The 2025 figures for baptisms. weddin8s and funerals are as folluws.. -
Baptisms.. at Iloly Trinity 29. at All Saints, O; at St Helen's 3.
Weddings.. at Holy Trinity 12. at All Saints. l- at Si H¢len's O: & the Guild Chapel 3.
Funerals.. at 14oly Trinity 17. at All Saints. I; at Sr Helen's 2.
Cremations under the auspices of the parish numb¢r¢d 17. and ash burials 13.
The ministy team consists of three stipendiary clergy, plus until rec¢t]tly one who is sclf-supporting, and
th¢ Children & Families Minister, who is also a L(K&l Lay Minister. They are ably supported by several
relired clergy and two Lucal Lay Ministers. as well as on¢ person who has the Bishop's perniission to
preach. Our Vicar is also chaplain to the Royal Shakespeare Theatre. Two members of Holy Trinity church
ar¢ Foundation Governors for Holy Trinity Priinary S¢hool. along with the Vicar. who is a150 a rnember of
the Council of the Shakespeare Birthplace Trnst.
In addition to the above, and lo our small administrative team (three staff, approximately two full-time
equivalent), the post of Parish Nurse was ereated last year. Thc first postholder has already demonstrated
opportunities for great cxpansiort of holistic pastoral ministry, especially to the sick and elderly.
Unfortunately, she has mov¢d on. bul will b¢ replaced early in 2026.
Another important staffing area is that of our music team. Our tempordry Director of Music, Oliver
Edwardes, left us in ihe summer and was i'eplaced by Colin Millington. Th¢ post. when combin¢d with
some teachiiig at Kin8 Edward Vl School, ts a virtuallv full-time one, suptM)rted on a part-time basis
(particularly in leading Trinity Voices children's choir) by Rcbecca Mills as Assislani Director of Music.
Spe¢ial mention should be made of our churchwardens: Mik¢ Warrillow (also Hon TTeasurer), Paul Lageu
(also Hon Human Resourc&% Officcr), Eve Archer (until her resignation in NoveiJ)ber} and Andrew Boyes-
Varl¢y. Our thanks also go to Chris Kennedy, Planned Giving Offic¢r. Helen Warrillow, Parish
Safeguarding orricer and lo Anthony Woollard, Honorary 8ecr¢tary to the PCC.
Our safeguarding policy is displayed on the Church website, and all trustees, employees and volunteers
involved in aclivilie5 Wlth children or vulnerable adultq hav¢ been safely reLruited (including valid DBS
certificates). A new Safeguarding Team has been eslablished (consi%ling of the Vicar, Associate Minister,
PSO and Parish l.lealth and Safety Ofticer) which m¢¢ls regularly to prepare reports forthe PCC and review
tasks prompted by the Safegudrding Dashboard. All records are kept strictly in accordance with the General
Dats Protection Act. There have not been any serious incidents, and a risk management $trat¢gy is in pla¢¢.
FINANCJAL REVIEW
The PCC'S funds Comprise thoK of Holy Trinity, All Saints. ai)d St Helen's churches which are managed
s¢parately. but with the accounts consolidated at the end of ih¢ year.
Holy Trinity funds
By far th¢ largest resource rnovem¢nts r¢late lo Holy Trinity.
As agreed at thc 2022 APCM, we have changed the historic nomenclature of our unr¢striGt¢d funds and
replaced these with nomenclature that better reflects th¢ activity.
The General Fund eovers a¢livities ora paroLhial nature.
The 1 rading fund covers the day-to-day income and ¢xpenditur¢ of the church shop and Holy
Trinily's minislry to visitors and its heritage functioll but no long¢r paying for restoration.
The Parish I4all Fund covers rental income and day to day costs of the Parish Centre
Legacies Fund which is self_explanatory and used for specific capital costs
D¢signaled Organ Fund- this was discontiiiued atthe end of 2024 as the rcstoration was completed.

PAROCHIAL CHURCH COUNCIL OF HOLY TRIJYITY STRATFORD-UPON-AVON WITH ALL
SAINTS, LUDDINGTON AND ST HELEN'S CLIFFORD CHAMBFRS
ANNUAL REPORT 2025
In addition to th¢ unrestri¢t¢d funds. ther¢ are some small, restricted fvnds. These are detailed in the annual
a￿OuntS. and some of them ar¢ ref¢rr¢d to Ixlow:
Major projects ai Holy Trinity in 2025 amounled to £116,047. This included on lanyards on the church roof
allowin8 routine work to be completed safely (£16,948), Becket Chapel refurbishmcnt fully fijnded by the
Friends of Shakesp¢ar¢'s chur¢h (£6,313), preliminary work on replacement of the church sound system
(£17,163), installation of a roof alam) lo improve our insurance premiums (£l1.103}, lowering of ihe
chandelier to improve safety and usability (£19,865), quinquennial work largely a$S￿l4t¢d with stonework
repairs to the church (£9,564). repla¢em¢nl of Ihe boiler flue in the church {£15,527) and a Tjumber of uiher
minor items that are detailed in schedule I l.
Since th¢ beginning of 2023. we have fundamentally changed the way we operated as n heritage tourist
attraction. Wc havc pr¢viously rcqucsled donaiions for entry and employed limited stsff during summer
months. Since that time, we hav¢ continued to Inaintain free access to the church as a whole, but to
implement a small enlry charge for visitors lo the chancel. As thi5 is a charge rather than a donation, we
paid V A T on all income resulting fmm ihis changc. In addition, we employ Visitor Welcomc Assistants on
a casual basis to ensure we off¢r¢d a positive visitor experieiice to those visiting the church. This year the
entry fee to the chan¢el remained ai £5.00. Visitor Icvcls lo the church overall were up 60/0 in 2025 and
visitors to the chancel were up 20/0. Income from visitors to th¢ Chan¢el area was up 3 /• versus 2024 with
the freedbaek received from visitors on their experience remaining very positive. Shop sales in 2025 weTe
£88,000. up 60/0 from 2024 retlecting increased visitor foorfall. Ov¢rall shop profits howev¢r remained
strong al about £29.000.
The Parish Centre was available for LK)oking for various community groups througliout the year. However,
costs significantly outweighed incoin¢ by £7,500. This is a significant improvement from a deficit of
£21.000 in 2024. As previously agreed. this deficit will be trdnsferred to the General Fund. A long lerm
plan r¢mains required to improve viability of the Parish Centre.
In parochial activity, incoine from regular giving has increased by £24,500 to around £143.500 as the result
of a successful Planned Giving Programme in the first quarter of 2025. CJiving which have coine through
stsnding orders have increased to 86/0 from 78U/o in 2024 making our income mor¢ consisl¢nt. In addition
we received aTound £40.000 recldimed under (lift Aid) Donations from the colledion plate reduced
corrcspondingly from £19,400 in 2024 to £17,0(M) in 2025. Donations from ihe congregation continue to
eet all of the salary of the Children and Families Minister, retlecting our ¢ontinu¢d Commitment to 8row
this area ofthc congrcgation. Rcgrtttably the Parish Nurse we employed late 2024 resigned during 2025.
I lowever, this role proved very suc¢essfvl in add￿sSing pastoral nceds particularly in older menibers of the
congregation. We have idenlified a replacement lo continue ihis work who will start in early 2026. The
parish paid a Parish Share of £139,229 in 2025, similar to the amount of £138,639 paid in 2024. The Parish
pays the full shar¢ as r¢quesl¢d by the Deanery covering its full cost of clergy and contribution towards the
Dioces￿ Support Fund.
The unrestricted Legacies Fund has received one ttcw legacy of £1,278. Expenditur¢ was nearly £20.000
on the chandelier lowering project and a new chasuble. The tund now slands ai £53,598.
Trinity Players Fund reduced by about £700 relating perforn)ance costs. The players donated £5,000
towards tlie n¢w sound system. This r¢slri¢led fund shows a surplus of some £1,533 al year end, mosl of
which will again be donated to ongoing projects.
Th¢ Properli¢s Reslri¢t¢d Fund r¢¢¢iv¢s the investm¢nt income from St JaTf]es-s 'l-rust, plus liouse rents
partly offs¢t by maintenance costs. Both 2 St John's Closc dnd 3 Coopers Close were rented commercially
through 2025. The rent from St John's was used to fund the rent on the Associate Minist¢r's house which
he chos¢ lo renl commercially. Th¢ fund r¢mains healihy widi about £41,000 in sU￿lUS in anticipation of
future upgrading wark. In 2026 w¢ are likely to use some ofthis fund to support Ministry work as pertnitted
under the terms of the St James, Trust.

PAROCHIAL CHURCH couf4CIL OF HOLY TRINITY STRATFORD-UPON-AVON WITH ALL
SAINTS, LUDDINGTON AND ST HELEN'S CLIFFORD CHAMBERS
ANNUAL REPORT 2025
We hav¢ continu¢d the pr￿lICe ofchurch group finances coming under the auspice8 of the PCC to avoid
bank charges on small accounts. These include the Bellringer& Hospirality leasl Coffee slop, Social Team,
Trinity Ladies and Sunday Coffee, all appear on the list of restri¢ted accounts. In general, th¢ surplus from
the accounts is donated to church projects OT to lo¢al Charilies.
The walk-throu8h forniat of Christmas services Gontinu¢d in 2025 and was again very well received and
donations (and associated gift-aid) of £6,540 were once agAin devoted to th¢ PCC'S thT¢e chosen charities.
All SaiD¢s' funds
AII SAints' fi]nds comprise a General Fund and a restricted Village fabric Fund, together with thr¢¢ other
very small, restricted funds. Th¢ General Fund increased by £923 and remains healthy at £32.030. The
restricled Village Fabric Fund also r¢main5 healthy at about £32,000.
Th¢ majority of CCLA investments made by All Saints, Church are due to legacies. the first of which were
made in 1960. Th¢ inilial legacy was made ' For the sole and exclusive benefit of All Saints, Church,
Luddington, and for iio other purpos¢'. The subsequent inyeslments mad¢ fr(Mn 1981 onwards w¢r¢ also
the result of legacies for 'the maintnance of All Saints, Church.. or 'maintenance of lh¢ churchyard. The
Legacy flind stand at £54,000.
St Helen's funds
Si Helen's fiinds comprise a Generdl Fund: and five restricted fabric funds. The G¢n¢rdl Fund in 2025
showed a small deficit if £117 and the balance remains around £11,300. The various f8bric funds showed
a deficit of £5,416 largely after Significant work tn the chuwh bells and now stands at £27,01 O alongside
which may be counted the resour¢¢s gath¢r¢d separately by the Friends of. St H¢l¢n's lowards r¢stora¢ion
of the building.
PCC balanee sheet
The overall balance sheet at the end of the yeaT Stood at £387,590. a reduction of £19,576 on the previous
year.
Thc r¢maining investmcnt holdings across the Parish (now mainly at All Saints) are currcntly valued at
about £75,024. Money held on deposit lotsls about £270.228 of which £198,600 is attributdble to Holy
Trinity. Money in cumt bank accounts and cash amount5 total lo around £65,000, of which around
£33,000 is attributable to l.loly Trinity- In addition, Holy Trinity relain5 soine £24,000 worth of shop stock,
an increase of nearly £9,300 from 2024. The value on paper i)t the property ai 2 St John's Close, whiLh is
currently rentcd out, has now been depreciated to zero on the balance sheet, though of course it reinains a
polenlial assel. 'I"he property at 3 Co0￿r5 Close, which is also curr¢ntly rented OUL belongs to the separate
St Jatnes's Trust.
Outstanding liabilities at year's ¢nd were £64,826, largely reflecting invoices noc due and wedding deposits
and V AT liabilities of £7,295.
Salaries
The total salary bill. including National Insurance and pension contribution& was some £258.000, an
increase ot about £24,000 or l OO/• on 2024. (This excludes the slipends of th¢ clergy which are met through
Parish Share.) This increase largely reflects the PCC decision ¢mploy a Parish Nurse who was in place until
August 2025 and a part lim¢ shop manager frojn May until November.
The PCC contribules either lo a p¢nsioii scheme administered by the Church of England Pensions slaff s
Salaries or to the Board eligibl¢ NEST pension scheme uvtder the governinent's auto-¢nrolment legislation.
Siaff salaries are benchmdrked against good practice in other PCCS in the Major Churclies Network. and
all staft salarie% are above the Livin8 Wage (as recommended by the Living Wage Foundation, whi¢h is
higher than that required by law).

PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY STRATFoR[￿UP0LY-AvoN WITH ALL
SAINTS, LUDDINGTON AND sr HELEN'S CLIFFORD CHAMBERS
ANIYUAL REPORT 2025
Reserves Policy
The PCC'S policy is to maintatn in the unrestrtcted reserves a minimum of six months. unAvoidable payroll
commitmcnts- ¢urr¢ntly around £50,000- and nornially to keep around £50.000 towards fulure restoration
expenditure. It will be clear from the above that this policy was largely fulfilled throughout 2025.
Fraud. theft, and damage
There is no evidence of any impairnients in 2025, and the PCC is thankfvl for the vigilance of paid staff
and ¢l¢cled O￿l¢Cr$, whi¢h ensures that property is k¢pt secure and that receipts and payments a￿ pr(KYbsed
securely and in good time. Risk assessments, financial and other, are carried out as rcquired on all ￿tIvitIes,
and a ¢ompreh¢nsive update of the PCC'S regular overall financial risk assessment is due.
Structure
overnydnce mana
ement
The Parochial Church Council (PCC) is a corporate body established by the Church of England. Il operates
under the PCC Powers Mellsure 1956 2nd Church Representation Rules 2011. The PCC is registered with
the Charity Commission. Regi5trdtion Number 1128665.
The method of appointment of PCC members is in line with the Church R¢pr¢s¢ntation Rules. In Stratford-
upon-Avon Parish, membership consists of th¢ Incumbent (our Vicar) and oiher ¢lcrgy li¢ensed to the
parish, our churchwardens, our representatives on Diocesan and Deanery Synods, and members elected by
those who are on the parish Electoral Roll. All members of Ihe congregalion are encouraged to register on
the Elector&l Roll and stand for election to the PCC.
The PCC is r¢sponsibl¢ for making d¢cisions on all matters of general concern and importance in the paribh
including hom( the funds of the PCC are spent.
A Standing Committee of the PCC (cstablished under the said Church Repres¢ntation Rules), comprising
the Vicar, 4 Churchwardeiis, and four tllembers elected by the PCC, meets regulArty. making urgent
decisions or sending recommendations lo PCC.
In addition to an Away Day in July. the full PCC m¢t six lim¢s during ihe year, with an av¢rag¢ atl¢ndan¢e
of around 750/0. Each PCC meeting focusses on the a¢tivities perfornied by a variety of groups within the
church. This approach provides the dual b¢n¢fil of grealer awar¢n¢ss of k¢y areas ofchurch life. as well as
providing a forum tor gmups to shar¢ issues and successes wilh PCC mcmbcrs.
Administrative information
The Parish of Stratford-upon-Avon comprises three churches.. Holy Trinity in Stratford Old Town alongside
the River Avon, All Saints, in the small village of Luddington and St Helen's in the small village of Clifford
Chambers. The correspoiidence addres5 is Parish Office, Old Town, Straiford-upon-Avon. CV37 6BG.
PCC members who have seryed during the ycar..
Exvofficio tnember5
Incumbent
Reverend Patrick Taylor
ReY¢rend Matthew Ford
(Chair)
Associate Minister
Curate
Reverend Thomas Powell
(until December)
Curate
R¢v¢rend Emma Harrington
Mr Tim RaistriLk
Churchwardens
(unlil May)
(from May)
Mr Paul Lag¢u
Mr Andrew Boyes-varley
Ms Eve Archer
(until November)
MrMik¢ Warrillow

PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY STRATFOR1￿uPON-AvoN WITH ALL
SAINTS. LUDDINGTON AND ST HELEN'S CLIFFORD CHAMBERS
ANf4UAL REPORT 2025
Diocesdn Syni)d
Mr Anthony Woollard
Mr Philip Harper
Miss Jane Amiitage
Mr Anthony Woollard
Mr Philip Harper
Mrs Teresa Kristunas
Deanery Synod
Ms B¢¢k¢y Barton
(until November)
Elected Members
Mr Samuel Jup¢
Mr Paul Lageu
Mrs Liz Roome
(until May)
(until May)
(until May)
Ms Marie McDougal
Ms Sarnh Paine
Mr (ieorge Reah
Ms Diane Arnistrong
Mrs Helen Warrillow (Safeguarding Ofti¢¢r)
Ms Elizabeth Roper-Kemp
(from May)
Ms Federica I￿onardi8
from May)
Mr Jeremy Harrold*
(from May)
Co-opted Members from May 2025
Mr Dal¢ Edgington
Mrs Danielle Benge
Members whose nam¢s are asterisked above are PCC employees. who lake a full part in the life of the
church and th¢ work of thc PCC but withdraw from discussions of cmployment and remuneration.
By invitation as non-voting observers=
Mr Colin Millington
Ms Lola SFtsioti-
Director of Music (from Sept 2025)
Visitor and Marketing Mana8¢r

PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY sTRATFOR￿￿FOTrI-Av0￿ WLTll ALL
SAINTS. LUDDINGTON AND ST HELEN'S CLIFFORD CHAMBERS
ANNUAL REPORT 2025
Responsibilities of PCC members:
Charity Law rcquires the Members of the PCC to Prepare fmancial statements for eacb fiscal year. which
give a tru¢ and fair view of the disposition of the funds al the end of ihe fiscal ye3s and of the financial
transactions for the year. Ill preparing these fu￿le12151at¢mentS, the memb¢rs are r¢quired to:
select suitable accounting policies and then apply them consistendyg
make judgements and estimatcs that ate reasonable and pnthnt.
state whether applicable accounting standards bave been follow¢d subject to any material
departures disclosed aDd explained in th¢ financial stalcments;
prepare the fman¢ial statements on the basis thai the Charity will continue in operation unless it is
inappropiiate to prcsume this.
The members are responsible for keeping proper acc(Junting records to ¢nable them to ensure that the
finan¢ial 5tat¢ments comply with the Statement of R¢¢ommendcd Practice and the Charities A¢t. Thcy are
also responsible for safeguarding the assets of the Charity and henr¢ for tsking steps for th¢ prevention and
d¢te¢tion of fraud and other irregulantie5.
Thc membas have r¢f¢rrcd to the guidance wntsined in the Charity Commission's general guidance on
public benefit when reviewing thc charity's aims and objectives atjd i%J platming future activities. In
particular, th¢y have considered how planned ￿tivIt￿¢S will contribute to the aims aJ]d objertivcs set.
Approved by the PCC 17 Marcb 2026
And signed on their behAIf.
RJ, J+
The Reverend Pitriek Taylor (PCC Chair)

INDEPENDENT EXAMINF.R'S REPORT TO THE PCC OF HOLY TRINITY STRATFORlkUPON-AVON
WITH ALL SAINTS. LUDDINGTON AND ST HELENS CLJFFORD CHAMBERS
I report on the fthan¢ial statemenis of the PCC for the y¢ar ended 3 1st D¢C¢m￿r 2025, which are sel out
on pages 12 to 29.
Respeelive responsibilities of trustees and examiner
The charity's trust¢¢s are r¢sponsible for th¢ preparation of the financial slatements. The charity's trustees
¢onsid¢r that an audil is not requtred for this year under section 144(2) of the Charities Act 2011 {the 201
Act) and that an independent examination is needed.
It is my responsibility to..
¢xamin¢ th¢ finan¢ial stat¢m¢nls under sedion 145 of the 2011 ACL
follow the procedures laid down tn the general Dircclions givcn by the Charity Commission
under section 145(5)(b) of the 2011 Act. and
state whether particular matters have come to my attention.
This report, including my statem¢nL has be¢n pr¢par¢d for and only for the charity's truste¢s as a bi)dy. My
work ha5 been und¢rtak¢n so that I might state lo the charity's trusiees those maliers l am required to slate
lo th¢m in an independent examiner's r¢port and for no oiher purpose. 'lo the fullest extent pertnitted by
law, I do not accept or assuine resTX)nsibility to anyone other than the charity and the charity's Irustees as a
body for my examination work. for this r¢porL or for th¢ statements I have tnade.
Basis of independent examiner's report
My exaJnin(Ilion w￿$ ¢arried Out in accordance with the general Directions given by the Charity
Commission. An examination includes a review of the accounting records kept by the charity and a
comparison of ihe financial statements presented with those records. li also includes consideration of any
unusual items or disclosures in th¢ financial stal¢m¢nts and seeking explanations from you as trustces
concerning any such matters. The procedures undertaken do not provide all the evidence that would be
required in an audit and consequently no opinion is 8iven as to whether the financial slatements present a
'true ￿ld fair view. and the report is limited to IhL)se mallers sel out in the stateiiient below.
Independent emminer's statement
Since the charity's gross income exceeded £250,000, your exainiiier musl be a meinber ot a body listed in
section 145 of the 201 I Act. I c4)nfirni that l am qualified to undertake the examination by being a qualified
m¢mbcr of the Institute of ICAEW w,hich is one of the listed bodies.
In connection with my examination, which is complete, no marters have Come to my attention which give
me reasonable cause to believe that in any material respect=
accounting records w¢r¢ nol kept in respect of the PCC in accordance with section 130 of the
2011 Act. or
the financial statements do not accord with those records- or
Ihe financial statements do T]Ot comply with the applicable requirements conceming the forni
and content of financial statements set out in thc Charitics (A¢¢ounls and Reports) Regulations
2008 other than any requircin¢nl that th¢ financial statements give a 'true and fair, vi¢w whi¢h
is not a matter considered as part of an illdcpendent examination.
10


David Hoose (Mar 23, 2026 10:51:42 GMT) 

23/03/2026 




PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY STRA TFORD-UPON-AVON WITH ALL
SAIP4TS' LUDDINGTON AND ST HFLF.N'S CLIFFORD CHAMBERS
STATEMENT OF FINANCIAL ACTIVITIES (Incor￿￿11￿% tho Ineome Expenditure Account)
For the year ended 31 December 2025
Unrestricted Restricted
funds
funds
Totsl funds
2025
2024
Nol
INCOME
In¢ome from donations and legaci
In¢orne from ancillary trading
Oiher incoming resources
Incorne from investments
2b
2¢
279,893
342.151
98,969
120
378,862
342,271
384,011
330.491
2d
10.667
50293
51,977
TOTAL
632,711
J49J82
782,093
766.479
EXPENDITURE
Raising Funds
194,907
37,888
232,795
247,973
Charitable A¢tlvities
Grants
Activitie5 related to work of thurch
Central adTninistralion
3b
400
398,619
86,346
9,261
70,621
503
9,661
469340
86,849
7.721
470.505
74,952
3d
TOTAL
680272
11&273
798,545
800,951
SURPLVS I (DEFICIT) LIEFORE
INVESTMENT GAINS I LOSSES
(47361)
31.1119
(16,452)
{34,472)
Investment gainslllo$5¢s)
(3,1241
(3,124)
,748
NF.T INCOMING / {OUTGOItYG)
RF.SOURCES
{47J61)
27,985
(19.576)
(32,724)
Transfer between fvnds
10
8,866
(8,866)
NET MOVEMEJYT Ir4 FUNDS
(38,695)
19,119
119,576)
(32,724)
Balance brought forward l January 2025
197,333
209,833
407,166
439,890
BALANCE CARRIED FORWARD 31
December 21125
158,638
228,952
387.590
407.166
The notes on pages 15 10 29 fom part of thes¢ financial statements.
The location of the SOFA for the prior peri￿ being in note 2a.
12

PAROCHIAL CHURCH COUNCIL OF HOLY TRINTfY STRATFORD.UPON.AVODI WITH ALL
SAINTS, LUDDINGTO.N AND ST HELEN?S CLIFFORD CHAMBERS
BALANCE SHEET *s Al 31 De¢embeT 2025
Note%
2025
2024
FIXED ASSETS
Tangibl¢ asseL8
Holy Trinity
]nvesbneE)t assets
Holy Trin&ty
All Swttts
Si Hcl¢lls
5b
20,577
54,1)03
444
21,434
56,252
462
75,024
78.148
75.024
78,148
CURRENT ASSETS
Stock
Debto
Sborttemi depotsits
24Jll
18J54
15,1i01
15.457
Holy Trinity
All S&ints
St H¢l¢ns
198,600
45,109
26.519
192272
43.961
24.839
270328
261,072
Cash Atb3nklin hand
Holy Trinity
All SasntS
Si Helens
33.199
19,795
11305
39,052
16,709
18.699
64499
74.460
377?92
365992
CREDITORS: AM0UP￿s FALLING
DU£ WITHIN OPIE YEAR
(64,826)
{369741
NET CURRENT ASSETS
312566
329.018
CREDITORS; AMOUNTS FALLING
DUE BEYOND Of4E YEAR
312566
329,018
NET ASSETS
387J90
407.106
FUNDS
Uore5tricted
10
Holy Tntiity
All Saitits
Si Helens
IIS206
32,030
lJJ41
154,767
31,107
11,459
151638
197J33
Restrtded
Holy Trinity
All Saints
St Htlc]ts
114,558
87J84
27.010
91.774
85.633
32.426
228,952
209,833
TOTAL FUNDS
387J90
407,166
Approved ttuthori$ed foy isjue by tht PCC on 17 M*r¢h 21116
Dd $igLed on their beh#lf by:
IJ, i+
Pitri¢k T8ylor (Vior)
The notes onpag¢s 15 to 29 fonnpartof these finaocial statem￿ts.
13
Mike
TregsprtrAnd Chyrchw*rden

PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY STRATFORINUPON-AVON WITH ALL
SAINTS. LUDDINGTON AND ST HELEN'S CLIFFORD CHAMBERS
NOTES TO THF. FITr4ANCIAL STATEMENTS
For the year ended 31 December 2025
STATFMENT OF CASH FLOWS
2025
Z024
Net tash prrtrvSded by I lustd in) opernting *etivitie5 (see nolt91
{52.457
181649)
Cgsth tlows from investing gctivities:
Dividty￿d¥. inteTtst, and renis
Ilncreasel l Decrease in SiLxk
51.977
3,586
19,31181
N•t ¢a$h IDllprovld¢d by Invtsting activities
51,652
55.563
CA$h flows from fin*nttng srtivities:
Borrowing
Ntt ¢*sh prowld¢d by fina￿¢1￿2 activitie5
Change in t8gh In the reporting ptriod
Cash at beginning ofreportinE peri￿]
(8051
335332
127,0861
362.618
C*5h al ¢nd of reporting peri￿￿
334,727
333.532
14

PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY STRATFORD-UPON-AVON WITH ALL
SAINTS, LUDDINGTON AND ST HELEN'S CLIFFORD CHAMBERS
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2025
ACCOUNTING POLICIES
'I'hc financial statements have been PTepared in acwrdance wilh the Church Accounting Regulations 1997
as amendcd by the Church Accounting (Amendment) Regulations 2006 tog¢th¢r with applicable UK
Accounting Standards, including the FiT)ancial Reporting Standard 102 IFRS 102), and the Statement of
Recommended Prdctice October 2019 (FRS 102).
The October 2019 cdition of the Charities SORP (FRS 102) includes amendmenls ariSi￿g from the
Financial R¢porting Council-'s triennial review of the standard. There is no Inaterial effect on the um(TrLLnts'
recognised in thesc financial statements because of adopting these amendments.
The financial statemenis have been Frtpared under the historical cosl convention except fi>r the
valuation of investment assets, which are shown at markei value. The financial statements are prepared
in sterling which is the fvn¢tional currency of the charity.
The PCC ¢onstitutes a public benefit entity as dcfincd by FRS 102.
Members of ihe PCC consider that there are no matcrial uncertainlies about the PCC'S ability to
continue as a going ¢on¢ern.
Fund$
General funds represent the funds of tlie PCC that are nol subject to any restrictiun5 rcgarding their use
and are available for application on the general puryoses of ih¢ PCC. Fund5 desi¥nated for a particular
purpose by (he PCC ar¢ also unrestricted.
The accounts include all transactions, assets, and liabilities for which the PCC is responsible in law. They
do 7]ot include the accounis of church gr(wps that owe their main aJTiliation to another body or those that
arc informal gatherings ofchurch members.
Income
Donaiions i*¢ol￿e and copilal.¥￿$irCe$
Collections are recognised when received by or on bchalf of the PCC. Planned giving receivable under
Gift Aid is recogniscd L)nly when received. Incl￿¢ Lax recoverdble on Gift Aid donations is recognised
when the income is recognised. Granis and Icgacic5 to the PCC are accounted for as soon as the PCC is
notif1ed of its legal entitlemenL the amount duc is qllantifiable and its ultimate receipt by the PCC is
probable. Funds raised by fundraising evcnt5, and salcs from the church shop, are accounted for gross.
Oiher income
Rental income from the lettit)g of ¢hur¢h premises is recognised when the rental is due.
IncomefronT Iriv&i'imenl.S
Dividends are accounted for when due and payable. Interestenlitlemeiils are accounted for as they accNe.
Any tax rccoverable on such income would be recognised in the same accounting year.
Gains andlosse5 ou invesimenls
Realised gains or losses are recognised when inv¢stm¢nts art sold. Unrealised gains or losses are
accounted for on ihe revaluation of investments on 31 De¢embtr.
15

PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY sTRATFOR￿uPO￿-AVoN WITH ALL
SAINTS, LUDDINGTON AND ST HELEN'S CLIFFORD CHAMBERS
NOTES TO THE FINANCIAL STATEMENTS
For ihe year ended 31 December 2025
Expenditure
Liabilities are recognised resources expended as soon as there is a Icgal or constructive obligation
committing the PCC to th¢ expenditure. All expenditure is accounted for on an accrllals ha%is and has been
classified under headings that aggr¢gate all costs related to the category.
Gronls
Grants and donations are accounted for when paid over, or when awarded, if that award create5
eon%tructive obligation on the PCC.
AcltvitiÈs diretily reltslirtg io trhÈ wurk Church.
The diocesan parish share is accounled for when payable. AMY parish share unpaid at 31 December is
provided for in these accounts as an operational {though noi a legal) liability and is shown as a creditor in
the Llalance Shcct.
Fixed 85s¢ts
ConsecraledproFerty 4ndmov(7ble ChurGhfvrn￿kings
Consecrated and benefKed propety of any kind is excluded from the accounts by s.10 of the Chariti¢5
Act2011.
Movable church furntshings held by the Vi¢ar and Churchwardens on special trust for the PCC, and
which requtre a faculty for disposal, are accounted as inalienable Propety unless consetraied. For
inalienablc prowrty acquired PTIOT to 20(X) there is insufficicnt cost information available and
thcrcforc su¢h assets are not valu¢d in the a¢counts. It¢ms acquircd since l Janupry 2000 have been
capitalis¢d and depT¢ciated in th¢ accounts over their CU￿e￿ilY anticipated useful ￿OnOMIC life on a
8tTaight-linc basis.
All expendiiure oil coi)secrated or bthleficed buildings, individual items under £3,000 or on the repair or
movable church furnishings acquired before l January 2000 is written off.
"ler￿} hoiises
Thc clergy house at 3 Coopers C105e is the property of the St Jarnes's Trnst of which ihe PCC are
rnanaging trustees. li is referred to in the attached Notes (Note l O) but is not valued as a PCC assei.
The clergy house at 2 Si John's Close, ￿Ing the property of the PCC, is valued ai purchase price less
depreciaiion on a straight-line basis over 10 years. As a potential operational property, it has not been
revalued, and its i￿0k value is accordingly now zero.
Oiher fL¥mra¥,.fitting.f, and ¢?ffice equipment
Equipinent used within the Church preTni5es is in g¢neral depreciated on a 5traight-line basis over l O
years. Individual items of equipment wilh a puroha5¢ price of £3,000 or le55 are written off when the asset
is acquired.
It7ve5tmep71s
Invesmients are valued ai mat*et value ai 31 December.
Current assets
Amounts owing to the PCC on 31 December ID respect of fecs, rents or other income are shown as
debtors l¢ss provision for amounts that may prove uncolleciable.
Short-iemi deposits include cash held on deposil ciiher with the CBF Church of Fngland Funds or at
the bank.
Stock is valued at the lower of cost and nei realisable value.
16

PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY STRATFoRt￿uPON-Av0N WITH ALL
SAINTS, LUDDINCTON AND ST HELEN'S CLIFFORD CHAMBERS
NOTES TO THE FINANCIALSTATEMENTS
For the year ended 31 December 2025
Operating leases
Rentals payable under operating leases are charged on a strnight-line basis over the terni of the lease.
Pension Scheme
Pension Scheme
The PCC participates in two pension sch￿ne$.
Pernjantjbt full and part time staff have the opportunity to enrol in the Pension Builder Scheme section of
CWPF for lay staff. cwpr is administered by the Church of England Pensions Board, which holds the CWPF
assets separately from those of the Employer and other participating employers.
'I'he Pension Builder Seheme of thc CWPF is made up of two sections, Pension Builder Cl85si¢ and Pension
Builder 2014, both of which are classed as defined benefit schcm¢s. Those employees of th¢ PCC who are
eligible for support towards pcnsions are members of thc latter.
Pensioii Builder 20J4 is a cash balance 5¢heme that provides a lump sum whi¢h membcrs u8c to provide bellefits
at retirem¢ni. P¢nsion contributions are recorded In an account for each member. Discretionary bonuses may be
added before retircrncnL depending on investrnent reiurns and other factors. The account, plus any bonuses
declared is payohlc, llnreduced, from age 65.
There is no sub.division of wets benveen employers in each section of the Pension Builder Scheme.
The scherne is considered to be a multi-employer scheme a5 described in Section 28 of FRS 102. '1'his is because
it is nol possible lo attribute the PensÉon Builder Scheme's a55ets and liabilities tts specific employers and means
that contributions are accounted for as if the Scl)eme were a defined tontribution scl)eme. Tjie pensions costs
charged to the SOFA in the year are the Contributions payable {2025' £6,120, 2024: £4,845>.
A ¥alualiL)n of the Pension Builder Scheme is carried out once every ihree years. The most recent valuation was
carried out as at 31 Decejnber 2025.
For the Pensio]] Builder Classic Seftion. the valuati￿ revealed a sutplus of £34.8m on the ongoing assumptions
used. Ai the most recent annual review elyecliye l January 2026, Ihe B(hard Chose to grant a discrelionary bonu5
of 10 /0 to both pensions nol yel in payment and pensions in payment in respect of service prior io April 1997,.
and il bonu5 on pensions in paymenl in respect ofw)sl April 1997 service $0 thal the pension increase was also
I￿/0 (wher¢ usually il would be calculatsd based on inflalion up to an anrual Cap of 501¢ for pensions in
payment in respect of service prior to April 2006 and 2.5 /0 for pensions in payment in respect of servi¢e tK>st
April 2006). This followed improvemenls in the funding position over 20?5. There is no requirement for
(kfiLit payments at the currenl time.
For the Pension Builder 2014 section, the valuation revealed a Surplus Df £8.5rn on the ongoin¥ assumpiions
used. There i5 no requirement for deficit paytnent5 at the current titne.
The next valuation is due a5 at 31 Deceinber 2028.
Casual starrhdve the (>pportuniiy to enrol in ihe Govemment NEST pension scheme. The employers
contribution ts) pension costs charged to SOFA in the year 2025= £359.
Fin4n¢ial InstrU￿¢[jtS
The Charity only ha5 f￿all¢la1 ass¢ts and financial liabilities of a kii)d that qualify a5 basi¢ financial instrum¢nl$.
B&sic financial instruments are inirially recognised at transaction value aiid Subsequently measured at theiT
settlemen( value.
Judgements and Estimalions
The trnstees have made any sigTIifiL￿ll1 judgemen15' in the process of applying the accountin¥ policies and
there are no areas of estimation llnLertainty that huve a si¥nifiLani risk of Lausing a material adjustmeni io ihe
carying aTnounts of assets and liabilities.
17

PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY STRATFORD-UPON-AVON WITH ALL
SAINTS, LUDDINGTON AND sr HELETr4'S CLIFFORD CHAMBERS
r4oTES TO THE FINANCIAL STATEMENTS
For tlie year ended 31 December 2025
STATEMENT OF FINANCIAL ACTIVITIES
Ilnre$irltted
nd$
RestriclEd
fllnd5
Ilnre5rricted
Re5tricied
Tr4trtes
2D25
2D24
INC.ONIE
tncome hom d(￿atiOnS snd l¢g**s
Income a￿lIlary tTadin¥
Income fmm invesiments
2b
2¢
2d
279,893
342,151
10.&$7
98,969
120
50293
378162
342271
265.765
330.461
118246
30
40,5?2
384,011
330,491
51,977
TOTAL
632.711
149J82
782093
607.681
158.79¥
766.479
EXPENDITIIRE
Rai£ing Funds
194,9)7
37,888
212.79S
234.032
13.941
247,9
Ch8ritsNe activitieg
3b
4(X)
9.261
9MI
7.721
7,721
470,305
Activities related 10 of ¢hur¢h
398.619
70.621
503
46924
86h49
311.wl
74.681
Cenir81 administraiion
3d
86,346
271
'I'o'rAI.
,272
118J73
798J45
620,704
180247
800,951
SUB TOTAL
I4?￿1)
31,109
116h$21
(13,0231
121,4491
134.4721
Inv¢51#￿[gaInSIlI055cSl
13,1241
13,124
1259
489
1.748
NET J_ycof411NGIIOII'J'COJNGI
RFSOIIR¢.ES
147 $611
27.985
119J761
111,7641
120.960)
132.7241
Tian$fri betwttn fuiid5
l*J661
146.99()1
46,9)0
￿￿_￿0vE￿IE￿7 IN FIINDS
(38ffj951
19.119
119J76
158.7541
26.030
132.7241
Ba7￿Ce brollght fop*ard l
202511 J2nu3ry 2024
197J33
2091133
407,166
256.08?
183.803
439,8
B*lgnt£ tarried fonvurd 31
Deeember20251JI D￿tIllber 2024
158&38
ZJJ52
3875gV
197J33
2(VJ.833
407,166

PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY STRATFORINUPON-AVON WJTH ALL
SAINTS. LUDDINC.TON AND ST HELEN'S CLIFFORD CHAMBERS
NOTF,S TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2025
2b
INCOMF. FROM DONATiof4s Af4D LEGACIF,S
Unrestricted
lunds
Restricled
funds
Total funds
2025
2024
Planned giving
Income ￿ recovered
Collections
rants
Donations, apP￿lS etc.
l.egacies
Fundraising events
Sundry ll)come
154,577
39,525
20,008
7.615
43,119
1.278
l.n12
12.759
154,577
45,199
24,9S5
42 J30
66J48
13,825
1&436
13,192
129,651
40,396
23,539
17,302
94,320
52,348
13.226
13,229
5,674
4,947
34,715
23,229
12,547
17,424
433
279,893
98,909
378,862
384,011
2e
INCOME FROM AI¥4CILLARY TRADING
Unrestriettd
Funds
Restrieted
funds
Total fuvds
2025
2024
Magazine
Shop ¢hancel
Church hall letting
Fces
1.021
283.804
21.132
36,134
1,021
283.864
21.132
36,254
1,434
277,730
23,430
27,897
120
342.151
120
342271
330.491
2d
INCOME FROM INVESTMENTS
Unrestricted
Funds
Restricted
funds
Total fuTrds
2025
2024
Dividends and interest
Renls
IOh67
10.684
39,6119
21.351
39.609
25,600
26,377
10,667
50,293
00.960
51.977
19

PAROCHIAL CHURCH COUNCIL OF HOLY TRJNITY STRATFORlkUPON-AVON WITH ALL
SAINTS. LUDDIP4GTON AND ST HELF.N'S CLIFFORD CHAMBERS
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 202fj
EXPENDITURE ON IL41SING FUNDS
Unr¢stri¢tcd
fund$
R¢$trlcted
TotAI funds
202S
2024
Magazine costs
ChuTch hall Tunning w5t5
Rental prop¢rty ¢osts
Shop and ¢han¢¢l ￿513
Fundrnising ¢o$ts
600
28,032
6(K
28,632
26,925
165,675
10,963
3&139
7,829
195,413
6,112
26,925
165,675
10,903
194,907
37,888
232,795
247,973
3b
GRANTS
Unrestricted
funds
Re5tri£ted
Total funds
2025
2024
Missionary and charitable giving
(see nole 12)
400
9261
9,661
7,721
400
9,261
9,661
7,721
3¢
ACTIVITIES RELATEDTO WORK OF CHURCH
Unrestrieted
Cunds
Restricted
turtds
Tot*1 fu￿d$
2025
2024
Ministy.- Parish share
Minisiry.. clergy expenses
Ministry.. clergy housing
Ministry.. Lay Minister
Church running costs
Church maintenance
Mission and ouireach
Choir and organisr
Major iten)s (see note I l)
F¢es
139329
3,623
3,815
39341
68,659
15,751
1,864
26,548
88,089
11,8110
139,229
3,623
3015
39,241
71,S74
16,710
2014
32221
148513
11,800
138,638
5,907
549
37.692
49.914
30,206
2,252
30,809
166,691
7,647
2,915
959
650
5,673
60,424
398,619
70,621
469240
470,305
20

PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY STRATFOR[￿vPON-Av0N WITH ALL
SAINTS, LUDDINGTON AND ST HELEN'S CLIFFORD CHAMBERS
NOTES TO THE FINANCIAL STATEMEJYTS
For the year ended 31 December 2025
CENTRALADMINISTRATION
Unrestricted
funds
Restricted
funds
Total fund5
2024
2025
Printing and stationer),
Telephones
Salaric%, trdining, and sundries
llldepcndeni Examiners Fee
Sundry
4J12
316
74,727
4,830
2,161
4?12
316
74,727
4,830
2,664
5,850
188
61,916
4.632
2.366
503
86J46
503
86,849
7{952
Govemance costs of the charity, strictly defined, are negligible, as virtually all govemtsnce is carried oui
by clergy (Ivho are noi PCC employees) or volunreer lay people. A very 8mall proportioll of LOSIS such
a5 Stationery and telephones could be attributed to the governance function but it is nol practlLable io
idtlltify these within the general costs of central adininistration. Those ¢05ts, &8 set out above, also
inclllde a prowjrtion of salaries of cenain staff. Other salaries are included within"C05t iTrf raising funds"
since they relate mainly to managing the ChU￿h as a visltor attraction. Whcre stuff and SOTne
other supix)rt costs are split between fvnctions, thi5 is on an estimaled-timc basis. 'Support costs, are
difficult to quantify separately since all staff have a public-facing fun¢tion and are thus part ofthe
church's ministy as well as providing support to that ministry.
3e
JNDEPENDENT EXAMINATION FEES
The PCC currently falls below th¢ statutory incomc thrcshold for full audit, and Ihe accoun￿ were
therefore simply independently examined by David Ho95¢ (Trf Forvis MazArs LLP who have conducted
independent ekaminations foT several year5. A provision of £4,830 including VAT w&% made for this in
the accounts.
21

PAROCHIAL CHURCH COUNCIL OF HOLY TRIIYITY STRA TFOR￿UPON-Av0N WITH ALL
SAIIYTS, LUDDINGTON AND ST HELENYS CLIFFORD CHAMBERS
JYOTES TO THE FINANCIAL STATEMENTS
For the ye¥r eMded 31 December 21125
STAFF COSTS
2025
2024
Salaries
Employers National Insurance
Employers Pensii)n contributions
242,484
9,650
6,120
221.695
7.469
4.845
258.254
234,009
Part- and ￿ll-time employees (full-time equivalent av¢rng¢)
Since 2023. we moved to employing Visitor Welcome ASSI￿1¥￿tY on a casual basis lo suppon ihe visiior
experience we offered at Holy Trinity. Staff were ernployed with three working an approximately four-hour
shift at any oi)e tinie iii the church. While this has significan(ly increased oui sta￿1ng cost, this has been far
outweighed by lh¢ improv¢d feedback frotn visitors and increased trading surplus. In 2026 ihis will remain ￿ 3
at weekends reducing to 2 staff durin¥ th¢ week.
Key personDel.. Of the emplgy¢d staff, two report direct]y lo the Vicar and one io rhe Associate Minister. Thes¢
may be regarded as k¢y p¢tsonnel. Their remuneration on an annual basis, including employer pension
contrtbulions, totall¢d approximately £101.0￿.
No PCC m¢mb¢TS (Trust¢e5) or related parties received remuneration in respeci of iheir s¢rvice5 as Jn¢n)b¢rs of
the PCC. No claims h¢lV¢ b¢¢n made for oul-of-pocket expenses by such members. Whilst ihey, and oth¢r
members of the cliuTch includin¥1 retired clergy, may incur suuh expenses from lime to lime. any claims rnad¢
are extremely T￿t and non-maierial" and. since such cosis would relaie purely to local trav¢] et¢, they would be
iiisig4]ificant, and actordingly no value is here placed on expense5 waiveiL
Peosions:
The PCC operates a defined contribution pension policy under which eligible employees below pensionable age
Inay benefil from a uontribuiion of5.5/ts of salary. The PCC has since l Juty 2016 been subject to the
provisions ofaut(b.enrolmenl. which direcily affects personnel earning over about £10,000 p¢r annurn, wilhin a
sch¢tne administered by ihe Church ofEngland Pensions Lloard.
Fvr casual stslT, we have offered employees the option ofjoining ihe NEST pension s¢hwn¢ which 15 more
¢￿i]Y Iransferrable.
22

PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY STRA TFORD-UPON-AVON WITH ALL
SAINTS, LUDDINGTON AND ST HELEN'S CLIFFORD CHAMBF.RS
NOTES TO THE FINANCIAL STATEMEf4TS
For the year ended 31 December 2025
58
TANGIIILF. ASSETS
Holy TrI￿ltY
Land &
Building
Eqllipnhtnt
All Salnts
St Helens
Tot31
Cost
At l January 2025
Additions
137,500
24.479
161,979
Ai 31 December 2025
137,500
24,479
161.979
Depreciation
At l January 2025
Charge for the year
137,500
24,479
161.979
At 31 December 2025
137,500
24,479
161,979
Net book valuc
At 31 December 2025
At 31 December 2024
5b
INVESTMENT ASSETS: MOVEMENT IN THE YEAR
01.01.25
Di5P05als
Net1055
31.12.25
HOLY TRINITY
927 shares CBF Inv
Fund (Rest'dl
21,434
(857)
20,577
ALL SAINTS
2,432 shares CBF Inv
Fund
56252
(2,249)
ST HF.LENS
20 shares CBF Inv Fund
462
{18)
444
23

PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY STRATFORD-UPON-AVON WITH ALL
SAINTS, LUDDINGTON AND ST HELF.N>S CLIFFORD CHAMRERS
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 Dettmber 2025
ANALYSISOF NET ASSETS BV TYPE OF FUND
Total Funds
Unreslricl¢d
Funds
Restri¢t¢d
Funds
2025
2024
Fixed &ssets
Investments
Cu￿enT assets
CuTr¢nt liabilities
75,024
153,928
75,024
377J92
(64,826)
76.400
407.830
{44,340)
222.464
(64J26)
158,638
228,952
387,5Y
439,890
DEBTORS
202S
2024
Prepaymenls
Other
4J64
13,990
2,853
12,604
Total
18J54
15,457
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Cr¢ditors for goods and services
Taxation and social security
57,531
7,29S
33,493
3,481
64,826
36.974
9. RECONCILIATION OF NET MOVEMENTS IN FUNDS TO NET CASH FLOW FROM
OPERATING ACTIVITIES
2025
2024
Nei movcmcnt in funds
(Gain5) l Losses on inv¢stmthts
Dividends, Interest, and rents
lJnLTeaS¢} Ide¢reas¢ in d¢bior5
Increase I (Decrease) in credilors
{J9a761
3,124
{fA),9601
12.8971
(32,7241
11,7481
151,9771
17.3661
Ntt cash (used in) I provided by operating activi¢i¢s
152A47)
182,6491
24

In
r4 ￿ r4rl
min
¢J

PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY STRA TFORD-upor4-AVON WITH ALL
SAINTS, LUDDINGTON AND ST HELEN'S CLIFFORD CHAMBERS
NOTES TO THF. FINANCIAL STATEMENTS
For the year ended JI December 24b25
io.
FUND DETAILS (Continued)
Unr¢5tricted fund$- Holy Trinfity
The General Fund is Holy Trinity's general fvnd devoted io the mission and minisry of the parish. Its
principal sources of income arc congregational giving, other don1¢ tiot)s, and p8ro¢hial fe¢s, and mosi of
its expendiwrc is on the cosi of the ministy staff (largely via the Diocese through Parish Share) and
church music and worship.
The Trading Fund earns income from visitor donation￿cOntributiOns and shop sales. and thai income is
5pelll mainly on day-to-day costs, the bulk of which costs relate io keeping the church open daily for
visitors. Any surplus ]% transferred to the General fund at the end of the fiscal year.
The Legacies Fund b¢nefits frorn the pmceeds of unrestricted legacies, which (he PCC spends as occasion
arises on items of a ¢apital natu￿.
The Parish Flall Fund receives income from lettings and alsonotional rents from oiherparts of the budget.
all of which is speni on the administration and upkeep of the Parish Centre. Its histori¢ deficit reflects
the dI￿l¢ll]ty of keeping pace with repair needs on a building of this nalure. Any surplus or deficit is
transferred to the General fund ai ihe end of the fiscal year.
Unrestricted funds- All Saint5,
The G¢rteral is self-explanatory.
Unrestritted funds- St Htlen's
The Ge4ErGI FNnJ 1% sclf-expianatory.
Restricted funds- Holy Trinity
Ihe Parochial fund fr¢qu¢ntly r¢¢eives donations, the prrteeds of S￿¢181 collections etc. which are
restricted to specitic causes. So far a5 Frf)ssible these are paid over within the year when received, but this
is noi always possible, and the Fund has therefore accumulaied a modest balance.
'rhe accumulated incoine from the St James, Tw5t is also retained in a separate Fund. Currenl investment
income and interesi from the 'l'rust, togetlier with the r¢ntal froln clergy house5 cU￿entlY rented
commercially house, is devoted primarily to the maintenan¢e of clergy houses in accordanec wilh the
'I'n]si's objectives.
The Trin5ty Voices fund represents costs lo provide for a junior choir.
The Mary Pickin Fund repr¢s¢nts a legacy intended Specifically for the purchasolrepair of choir robes.
The Remembrance Book Fund deals with donations for entries in the church's Book of Remembrance,
and the cost of maintaining that book.
The Sound Fund was established as a restricted fund in 2025 and receives donations restricted to the
replacement of ihe sound system in church plk)nned for 2026.
The chutch has a nurnber of teams {e.8 S￿181, Ilellrtn8ers, Sunday Coffee) for which funds t7ised are
held 5¢parately within the PCC ac¢ounts.
Re5tri¢led fuDds- All Saint5
The Village Fabric Fund was set up to receive doiialions from re5ident5 of Luddington village and their
friends who might not be churchgoer5 but wished to see the fabric mahntain¢d. It has continued ioreeeive
donaiions and benefit from fundraising events in the vlllage.
The Books for Children Fund, Flower Fund and the Sunday Club Fund are all self-explanatory. In
addition. in recent years a Community Evenls ￿nd has been established with a balance of about £600.
Finally. the church regularly holds collections and fundraising events for the Children's Society.
27

PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY STRATF0Rl￿vPON-Av0N WITH ALL
SAINTS. LUDDINGTOIY AND ST HELEN'S CLIFFORD CHAMBERS
NOTES TO THE FINANCIAL STATEMENTS
Fur the year ended 31 December 2025
Restricted funds- St Helen's
lThe restricted funds at St Helen'5 include the Fabric Fund, the Clock tower fund which are self-
explanatory together with a r¢strict¢d fund for Le8acie5 and a Bellringets fund to which ringers donate
their fee for the upkeep of the b¢lls. The Bell Restoration Fund established in 2024, specifically io cover
tlie major restoration of the St Helen's bells received a major donation in 2025 and was used for the
restoration work completed at 3 C05t of about £35,000 this year (see major works). The bell restoration
futid now stands at about £6,000.
Trgnsfers betwttn funds
-rhe iransfers between fvnds have been made..
to move the income or expenditur¢ to the C0￿CCI fund.
For donations received into a fund but are for another pU￿oSe e.8. Trinity Fellowship and Triniry
players donation towards the new Sound System.
I'o clear any deficlts on Funds at the year end.
MAJOR ITEMS OF EXPENDITURF
Holy Trinity
2025
2024
Work on lower bells
Church roof safety lanyaTds
B¢cket Chapel Refi]rbi5hment
Church Electrical repair5
Church Sound Systcrn Repla¢¢ment
AV Desk design
Audio visual 5ySt¢m rninor works
Roof Alarm installatio
Bier House
Quinqu¢nnial repairs
Organ restoration
Display ¢a5¢ in St Pcter's chapel
Upgrnd¢5 to 2 St John's Closc
Painting rcstordtion
Chandelier lowering
Hall hcating
Hall sccurity
Chureh hcatingl Flue replacement
Chureh li¥hting upgrade
Upgrade lightning conductor
New Chasuble
35,075
16,498
6J13
5.471
17.163
947
392
13,595
11.103
1.859
9A64
13,828
80,549
11,710
28,844
1.500
6,529
3,248
2,860
1,349
19,865
15,527
7,1189
1,788
499
926
148513
166,691
All Saints
St Hekn's
28

PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY STRATFORD-UPON-AVON WITH ALL
SAINTS, LUDDINGTON AND ST HELEN'S CLIFFORD CHAMBERS
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 Dtternber 2025
12
MISSIO]Y GJVING AND GRAf4T-MAKING POLICY
2025
2024
Childre]]'s Society
British Legio
Clapa
Alzheit]]er Society
MasicoTP
Holy Trinity School
Stratford upon Avon Foodbamk
Macmillan
Avon Cats Rescue
Bloodbikes
Stratford Christmas lights
Mcn's Sheds
Shakespeare Hospice
Samariians
673
524
60
1,¥47
1,847
1,848
2,1110
2,180
2248
400
1289
733
612
100
100
50
loo
326
100
7,721
9,661
In addition to ihe above, congregation members, and schools using the church for their own seryices, made
donations to many of ihe above causes which did nol pass through the PCC account5.
The plicy of the PCC regarding grants is as follows:
l. The iotality of collections in Holy Trinity on ChT15tmas Eve and Christmas Day each year, togcther
with reclaimable Gift Aid and associated income, 15 given to selected charities at home and overseas
whose objectives seem to the PCC to be in line with its own objectives. This is treated as restricted
income and expenditure.
2. Any special collections for named charities, &s agreed by the PCC or the otTicers of the village
churches, are also passed ro those charities. This is similarly treated in general as restricted in¢om¢ and
expenditure.
3. From time to time the PCC may make additional granls out of its unr¢5tri¢t¢d incoTne to causes
which directly match its objectives.
13
OTHER GRANTS
TheTe were no other grants in 2025.
14
RELATED PARTY TRA Tr4SACTIONS
There are no related paty transactions to report during 2025 (2024.. Nil)-
29

PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY STRATFORD-UPON-AVON WITH ALL
SAINTS, LUDDINGTON AND ST HELEf4'S CLIFFORD CHAMBERS
NOTES ON ASSOCIA TED CHARITIES (These Notes do not fDrni part of the unauditeil actounts)
For the year ended 31 De£eThber 2025
PARISH CHARITIES OF THE ECCLESIASTICAL PARISH OF STRATFORD-UPON-AVON
(Registered Charity No 216512)
These Charities ar¢ adminisiered by the Vicar and Churchwardens. They comprise..
The R S Genge B¢que51 for the benefit of the d)orisiers. This is invemed in 433 shares in the
Charities 0￿1¢7a1 Inv¢stm¢nt Fund with a value of£8,366 asai 31 December 2025. DuriDg2025,
£459 of lh¢ cash b&lan¢¢ wa5 used to support choir pocket money with £5,435 remaining in the
CBF deposit account.
The Francis Thomas Chariry for maintenance of a memorial. This is invested in 42 shares in the
Charitie5 Oftirial Investment Fund with a value of £812 as at 31 December 2025. There is also
a cash balance of £760 in the CBF deposil account.
The Emily Evans Curates Fund, for Qlergy expenses, which is invested in 351 sharcs in the
Charities 0￿1ClaI Investtn¢nt fund with a value of £6,782 at 31 DeceTnber 2025. During 2U)5,
£1,000 of the cash balance was used to support clergy expenses. There remains a cash balance
of £375 in the CBF deposit account.
30

Qètr-
r4
oi o) o
uu

PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY STRA TFORD-upor4-AVON WITH ALL
SAINTS, LUDDINGTON AND ST HELEN'S CLIFFORD CHAMBERS
NOTES ON ASSOCIATED CHARITIES (fhese Notes do not forni part of the llnaudiled Aceounts)
For Iht year ended Jl December 2025
STJAMFS. TRUST
Thi5 tharity 15 held by the Diocesan I rustc¢s (rcgister¢d chaTity no 249165) as custodians, with the day-
t(Fday rnanagenient in the hands of rhe PCC. Discussions are vnderway behveen the PCC and the
Diocesan trustees on how this fund can be used.
The house at 3 Coopers Close was purchased in 2008 at a gross cost of £396,551. lis cost has been
markedly less than sale proceed5 of the fomjer property at 61 Maidenhead Road, the fvnds to provide
income for rts maint¢nance and other purposes increascd significantly at that time. As at 31 December
2024 those fynds coinprised approximately £215,312 in CBF Investment and Deposii Funds.
In 2025, the Associate Vicar opted to move to an alternative house to St Johns Closc (a property owned
by the PCC and occupied by the previous associate Minister). Si Johns Close is now renied
commercially and the rent received goe5 ttsw&rds th¢ cost of ihe rent for the Associate Minisier rental
property. Coopers Close remains ¢omm¢rcially rented and is owned by Ihe St James, Tn]st.
The income produced by the interesi-bearing element in th¢s¢ fund5 is shown in Note 10 to the inai
A¢counts. The PCC has taken the view that that incorn¢ should b¢ applied prim8ri1y io the maintenan¢e
of cl¢rgy housing generally in the parish and to ihe costs associated with providing ministry office Space.
The total expenditure from both current and accumulated income is also shown in Note 10.
THE FRIENDS OF SHAKESPEARE'S CHURCH (Registcred Charity No 1097403)
This is an entirely separate charity. though the PCC appoints some of rhe'l njsiees and the Vicar acts a8
President. It exists tcp raise funds to asSiSt in the restordtion and improvement of Holy Trinity Church.
Copies of the Friends, Report and Accounts can be obtailled from the l.lon Treasurer to the Friend$, via
the Parish Office, and fijrther infom)ation is on the website www.shakes
schurch.or
THE FRIF.NDS OF ST HELEN'S CHURCH {Registered Charity No 1173391)
Thi5 15 an ¢ntirely separate charity. and ihe Vicar and Associate Minister are on the Board of TrustL*S.
It exists to rdise fi]nds to as51St in the restorarton and improvement of St Jlelen's Church. Copies of thc
Friend5, Report and Accounts can be obthined from the Hon 'l"reasurer to the Frsends, via the P8righ
Offi¢¢. aE]d further informati￿ is on the websilc www.shakespeareschurch.oro
32