The Parish of Littleham-cum-Exmouth comprising St Margaret & St Andrew's Church, Littleham & Holy Trinity Church, Rolle Road, Exmouth (Part of the Mission Community of Littleham cum Exmouth with Lympstonel Addre55forcorrespondence.' The Mission Community Office. Holy Trinity Church, Rolle Road, Exrrjouth, EXS 2AB The Parochial Church Council of the Ecclesiastical Parish of Littleham cum Exmouth Annual Report & Financial Statements of the Parochial Church Council st for the year ended 31 December 2025 Team Rector: The Reverend Steven Jones Team Vicar.. The Reverend Benedict Cambridge Curates: The Reverend Shaun Tipton The Reverend Heidi Budden Bankers: TSB Bank plc, The Strand, Exmouth Investment Managers.. CCLA, One Angel Lane, London, EC4R 3AB Independent Examiner: James Bick Esq. Bick Accountants Limited Chartered Accountants 18a Littleham Road, Exmouth EX8 2QG Our web site.. htt www.exmouthcoastalchurches.or The Parochial Church Council is a Registered Charity- No. 1128761
CONTENTS Page3-11 Annual Report Page 12 Independent Examiner's Report Pa8e 13- 14 Summary of Funds Page 15- 28 Fund Accounts Page 30 Mission and Charitable Giving Page 31 Balance Sheet Page 32 Statement of Financlal Activities Page 33- 36 Notes to the Accounts Page 37 General Fund Budget Page 38 Independent Examiner's Report- Glebe House Trust Page 39- 40 Associated Charities Accounts
The Parochial Church Council of Littleham cum Exmouth Annual Report for the year ended 31" December 2025 Aims and Purposes Littleham cum Exmouth Parochial Church Council (the PCCI has the responsibility of cooperating with the Team Rector and the Team Vicar in promoting, in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistit, social and ecumenical. The Parish is part of the M ission Community of Littleham cum Exmouth with Lympstone and is a United Benefice. The PCC is responsible, amongst many other things, for the maintenance of St Margaret & St Andrew's Church, Littleham and Holy Trinity Church, Exmouth. Both these buildings have the status of Parish Churches, within one parish, and both buildings are Listed Buildings, Grade11 Objectives and Activities The two church buildings form, in effect, the bases from which the work and worship of the Parish of Littleham cum Exmouth is carried out, and in which all who wish to, are encouraged to join. When planning our activities, the PCC has considered the Charity Commission's guidance on public benefit, and in particular the specific guidance on charities for the advancement of religion. Our services and worship put faith into practice through prayer and scripture, music and sacrament. We try to enable people to live out their faith as part of our Mission Community through: Worship and prayer: learning about the Gospel, and developing their knowledge and trust in Jesus. Provision of pastoral care for people living In the parish. Mission and outreach work. To facilitate thls work, it is vital that we maintain the fabric of the Churches, the NND Room in Littleham, and the Littleham Hub. Achievements and Performance Whilst the 'church' is not about numbers, it may help the reader to understand the document better by setting the scene, and stating some statistics. The comparative f igures are given for last year. Holy Trinity Church is referred to as 'Holy Trinity,, and St Margaret & St Andrew's, Littleham simply as 'Littleham' The number of'participants, at our two churches, when assessed in June 2025, wa5 155, a decrease of 16 from the number in June 2024. These are those whom we land they} consider to be part of the church familyi and either worship with us at least monthly, or would do so if they were able. Baptlsms In 2025: Holy Trinity Littleham Weddings in 2025: Holy Trinity Littleham 6 in 2024 3 in 2024 2 in 2024 l in 2024
Funerals in 2025.. Holy Trinity 17; Littleham 23; 17 in 2024 18 in 2024 In 2025 our clergy led I service at the 2 local crematoria: 2 In 2024 In the Churchyard at Littleham there were 21 full burials in 2025124 in 2024} and 18 interments of ashes {34 in 20241. The members of the Ministry Team lead services for different sectors of the community, including three schools, 'Celebrate Exmouth, (worship with people with learning disabilities), a Civic Service, the RN LI, and the Royal British Legion. As ever, we owe a huge debt of gratitude to our retired Clergy and Readers, as without them we could not undertake half of what we do. At Littleham the average attendance for 2025 on Sundays was 57. At Holy Trinity the average was 82. Deanery Synod Ayesbeare Deanery Synod comprises clergy and lay representatives of the parishes within the Mission Communities of Littleham cum Exmouth with Lympstone, Raleigh, Withycombe Raleigh and White Cross. Our parish lay representatives during 2025 were Paul Stock, Keith Moore, Stephen Thomas and Margaret Elms. Our Rector, Revd Steve Jones was Rural Dean throughout 2025, and Paul Stock was the Lay Chair. The Synod met in February in Peter Hall, Budleigh Salterton, in July in Littleham Church (for the Summer Eucharist), and in November in the village hall at Exton. The guest speaker in February was Mr Tim Maylor of Agape IUKI, Bishop Mike presided at the Summer Eucharist, and the guest speaker in November wa5 Mrs Sharon Blythe Ichildren and Families), Exeter Diocese, Church Fabrlc: a) Littleham: The church wardens can report that the fabric of the church remains in good condition. This year has seen the installation of the new infra-red heating system as a result of the fundraising in the Give to Go Green scheme and the generous contributions of church members. A recent maintenance survey of the structure of the church by West Access, indicate the building has no outstanding repairs to attend to. The church clock has ceased to function. An estimate of £10,000 for repair work ha5 been received by Smiths of Derby. The possibility of a grant to help with the repair is ongoing. The gas boiler in the NND room is beyond repair. Rather than replacing it, additional electric heating has been introduced and the gas supply disconnected. A new LED light sensor and light has been fitted to the lamp post on the path to the church. The organ has recently undergone a minor repair and some attention. Debra Frost and Stephen Thomas b) Holy Trinity.. The new flagpole finally installed in 2023 had to be removed during 2025 due to problems discovered during an inspection and the implications that this might give with possible wind speeds of up to IOOmph around Berry Head. Investigations are proceeding to identify a
The relocated Audio Visual screen in the Chancel is working well and is used now for the monthly family service amongst other events. Finally, we are pleased to report all goods and ornaments are in good order. Mike Goom & Paul Stock. Mission and Evangelism Our monthly magazine, 'The Nev continues to have a print-run of some 250 copies, and gives details of what is coming up, and reports on previous activities. We asked for contributions of £12 per year to cover the cost of this 20 page magazine. It is also available on-line at our web site: www.exmouthcoastalchurches.or The Mission Focus Committee is allocated IO% of the total of our income from regular voSuntary giving during the previous year, and a list of to whom this money was given in 2025 is given later in this document. The committee 15 also responsible for arranging, with the consent of the Team Rector, for visiting speakers to come to tell us about the work of the Societies we are supporting by prayer and finance. In our Mission Action Plan we have used Bishop Robert's 3 key priorities: 'Growing in Prayer, Making new Disciples and Serving the People of Devon with Joy,, to guide us in all that we have done. Other Activities We continue to publish details of all our activities at the time of the Annual Meeting. Activities range from bell-ringing to walking and the Thursday Group. Financial Review The original budget for 2025 for the General Fund was set at a deficit of over £7,900. It is with a heavy heart that this proved to be accurate as the actual def icit was £8.026. Expenditure on the General Fund has exceeded incomo. This is before investment gains of £8,065, and after £3,003 was transferred from restricted funds for administration and printing costs, and use of Holy Trinty Hall. This leaves the reserve balance in the General Fund at £85,681,. with £54,608 held a5 capital in investment stocks, and £31,073 held as cash in the PCC'S bank and deposit accounts.. down from E39.098 at the end of 2024. Thank you to everyone who has been able to give this year. However, it is concerning to note that receipts through envelopes, standing orders and the Parish Giving Scheme has f allen from a high of £127,995 in 2024, to £120,678 in 2025. 1 estimate that about 10 regular givers left the Parish Giving Scheme during the year. My prayer is that new members are encouraged to join the Scheme in order to "take up the slack" Balancing the books" in 2026 will again be difficult. A £11,600 deficit budget has been set on the General Fund. If this proves to be the case, the General Fund Cash Reserve at the end of 2026 will be under £20,000. Without an additional injection of cash, consideration will need to be given about our ability to
Scheme during the year, My prayer is that new members are encouraged to join the Scheme in order to "take up the slack" 'Balancing the books" in 2026 will again be diff icult. A £11,600 deficit budget has been set on the General Fund. If this proves to be the case, the General Fund Cash Reserve at the end of 2026 will be under £20,000. Without an additional injection of cash, consideration will need to be given about our ability to pay in full our contribution to the Diocesan Common Fund, or continuing the PCC policy of giving 10 per cent of regular income to mission and charities in future years. Finally, I would like to give thank5 to Bob Soutter, who has continued to act as Gift Aid Secretary and Cashier (counting and taking the money to the bank each weekl. His continued support and knowledge during the year has proved vital to me. Clive House, PCC Treasurer Reserves Pollcy The PCC has resolved to maintain, if possible, a balance on our Unrestricted Fund, which equates to at least three months, u nre5tricted payments to cover emergencies. The Unrestricted Fund reserve figure at 31st December 2025 was £96,527,. it was £93,782 in 2024. Overall reserves at 31, December 2025 were £232,008;1£276,869 in 20241, but a significant portion, £60,244, of these funds are restricted to specific purposes. For example, the Fabric Restricted Fund balance of £19,247 represents monies held to repair and maintain the fabric of the buildings, and contribute to the HT organ repair. Over £75,000 of the total is an 'Endowment Fund,, where we cannot touch the capital It is our policy to invest any short term surplus funds with the CBF Church of England Deposit Fund. Monies which will be retained for the longer term, or are held under Trust and cannot be spent, are invested either with the CBF or in M&G Charifund Units, following the lead set by the Exeter Diocesan Board of Finance. We believe that both have sound ethical policies. Safeguarding The PCC has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 {duty to have regard to House of Bishops, guidance on safeguarding children and vulnerable adults). Volunteers The members of the PCC would like to thank all the volunteers who work so tirelessly to make our Churches lively and vibrant communities. Our special thanks go to our Churchwardens.
Revlew of the Year: The Tearn Rector, the Reverend Steve Jones, writes (In hls capacity as Team Rector of the Littleham cum Exmouth with Lympstone Mission Community) The year 2025 was, again, a very busy one for our parishes. A significant event for the diocese in January was the retirement of Bishop Jackie Searle, Bishop of Crediton. In July, however, we were very pleased to welcome the Rt. Rev'd Moira Astin, as our new Bishop of Crediton. In 2025 Bishop ivloira made a signif icant impact in her half of the diocese, including attending many church services and events across East Devon, and making special trips to Exmouth to meet Re¢d Benedict and me, as well as visiting our chaplain at Exmouth Community College. During 2025 we have continued to hold Sunday services in each of our three churches, with the contemporary services known as Awake Church (Littlehaml and The Journey (Lympstonel taking place on the first and third Sundays of the month. Common Worship services have taken place on the other Sundays, and each Sunday at Holy Trinity. In January we decided to continue with our trial Hygge Church family service, which was meeting at 4.00 pm on the first Sunday of the month. In January we decided to add a second monthly meeting called Hygge Hangout, which is a soft playlprayer experiencelafternoon tea rneeting. This happens at 4.00 pm on the third Sunday of the month. This interactive service is focused upon reaching families with young children. We have a150 continued to offer a Wednesday morning Holy Communion service that rotates weekly around the Mission Community. Attendance at our Services across both parishes has remained generally strong. During the year we have continued to work closely with our three Church of England schools. Littleham school has been through some particularly difficult times this year, and we have been there as a church community, every step of the way, to support and help them. Lympstone school's head teacher retirèd this year, and we were very pleased to welcome Hayley Reynolds as the new Head of School. We are looking forward to a close working relationship with the school over the next few years. As ever, we have a close relationship with the Beacon school, and the children are regularly in Holy Trinity for Friday worship, or for special teaching sessions that we offer at key times of the year, This year saw our chaplaincy project with Exmouth Communlty college go from strength to strength. Our part-time chaplain, Dr Lou ise Prideaux, has been in great demand to support and advise young people and staff members alike. We hope to further expand the work in the college in 2026. In January 2025 our Mission Community ministry team also took part in the multifaith Worldview Fayre at ECC. We had well-attended, Spirit-filled, and joyous church services over Holy Week, and each church saw new people coming to visit for at this special time of the year. In September we hosted a beach baptism service, down by the Lifeboat Station. Bishop James Grier also came and led 3 deeply moving Deanery Confirmation Service at Holy Trinity church, during which nine candidates were confirmed from right across the Deanery. This year N ick White, our new Youth and Families Worker for the Exmouth parish started a project to seek to engage non-christian young people in Littleham by playing football with them in The Crescent
greenspace area. His outreach project is called Littleham Footba114AII and has been very successful in gathering young people together for sport and exercise on the first Monday evening of the month. Those who attend have the option of attending youth group on the third Monday evening of the month. It is a joy that this group has been run in partnership with other churches in Exmouth. Nick has also been engaging with a number of young people who have been excluded from school, or who have not been able to sustain their studies at secondary school. On the 14th of June Rev'd Shaun, supported by a group from our parishes, was priested at St. Paul's Church, Honiton. It has been wonderful seeing Rev'd Shaun develop his ministry among us. On the 28th of June we also welcomed our second curate, Rev'd Heidi Budden as our newly ordained stipendiary Assistant Curate deacon. Heidi completed her theoloEical studies through St. MellitU5 College while an ordinand in context-based learning at the University of Exeter chaplaincy, Claire White from Littleham also became an ordinand in training, placed with us. In October Stacey James joined us as Licensed Lay Minister in training. In December, Stacey a150 took over as Lympstone's new Treasurer. This year we also welcomed Tim Biggs 35 our new Technical Managèr. Lympstone pulled out all the stops in June, hosting the production, Lympstone Legends, a celebration of Lympstone's colourful heritage in both song and story. Following the departure of Alan Dabreo, our Lympstone organist, we have been very blessed to have had a number of wonderful visiting organists come and play for us, Following the departure of our Littleham organist, Charlie Price, we have been most grateful to Martin Knight, who has been able to cover most of Littleham, s Common Worship services. During the summer of 2025 Sarah Robertson joined the Lympstone Children and Families Team, partnering with Abigail Webber to seek the growth of the families ministry there. Together they started The Kingdom Club, which is a weekly after School drop-in club, aimed at the familie5 whose children attend Lympstone Primary School. Early in the year Andrew Minter also joined the Lympstone team as part-time parish Admin Assistant. This year Andrew has made a big difference to the organisation and effective running of the parish and its working synergy with the Exmouth parish. During the year we continued to move forward with the work to stop the ingre55 of water into the South Ai51e of Holy Trinity. Our new architect believed that he had identified the problem with the leadwork and guttering on the South Aisle roof and instructed a lead working company to rectify the problem. That work having been completed, the Holy Trinity team will start work, in early 2026, to raise the funds for the repair of our water-damaged Compton organ. Ecumenical partnership through the Exmouth Area Christian Leader's Network has continued to flourish during the year. We have continued to partner well with Withycombe Raleigh Mission Communityi despite the parish going into vacancy upon the retirement of their Rector, Fr, Robert Sellers, Rev'd Kara Maylor, stipendiary vicar on the Withycombe Raleigh team, has partnered with us most helpf ully during the year.
Christmas 2025 was a wonderful time in both parishes, one of the highlights being. once again, the Christmas Tree festivals at both Holy Trinity and Lympstone. Both festivals attracted many community Christmas trees. Both parishes also saw significant attendances at their Christmas services. During the year we have taken a full part in the civic activities and remembrances of the community. In March we were part of the National Day of Reflection over the countrywide loss of life during COVID-19, and in May, as Royal British Legion Chaplain, I led the civic service in the Strand to commemorate the 80th Anniversary of VE Day. In August l also led a similar service on the 80th commemoration of VJ Day, In October Holy Trinity hosted the 2025 Exmouth Mayoral Service, which was an important event for the whole town. During the summer, Lympstone was very pleased to be able to host Sea Sunday down at the Sailing Club. Most amazingly, given the financial challenges in our country today, and the ongoing cost of living crisis, our parishes ended the year with less of a deficit than might have been expected. I would like to thank both of our Treasurers for their sterling work during the year to get us to this point. This year, again, we have lost some great saints and dear friends. As we end the year, we remember each one of them, rejoice that they are now with the Lord in Heaven. and we thank God for those who cared for them during their final season of life. I would particularly like to thank all the clergy, stipendiary, SSM, and retired, our LLM'S and churchwardens, for their sacrificial ministry during this year. Thank you also to the whole staff team for their great devotion to God and dedication to Christian service. M05t particularly, I would like to thank my fellow priest and ministry partner, Rev'd Benedict Cambridge, for sharing with me the privilege of daily leadership of such an amazing family of churches.
Structure, Governance and Management The method of appointment of PCC members is set out in the Church Representation Rules. The Council omprises the Team Rector, Team Vicar, two Assistant Curates, the Churchwardens, and, if the Annual Meeting decides, one or more representative of the Licensed Readers. In addition, those elected to the House of Laity of Deanery Synod las well as Diocesan and General Synods where appropriatel are ex- officio members, while members of the parish laity are elected at the Annual Parochial Church Meeting for a term of three years or a lesser period to f ill casual vacancies. Finally, the PCC may co-opt a limited number of member5 if it so requires. PCC members are responsible for making decisions on all matters of general concern and importance in the parish, and for all financial matters. Admlnistrative Information The PCC is a body corporate IPCC Power5 Measure 1956, and the Church Representation Rules 20221 and is a registered Charity, number 1128761. As such, this document is filed with the Charity Commission each year and is open to inspection by everyone. The address for correspondence is., The Administrator, The Mission Community Office, Holy Trinity Church, 2 Rolle Road, Exmouth, EX8 2AB. Telephone.. 01395 263681 The PCC members who served during the period from 1st January 2025 until the date this report was approved are.. Team Rector.. Team Vicar.. Assistant Curate.. As5i5tant Curate: Churchwardens: Littleham.. The Reverend Steven Jones The Reverend Benedict Cambridge The Reverend Shaun Tipton The Reverend Heidi Budden (From July 20251 Mrs Debra Frost Mr Stephen Thomas Mr Michael Goom Mr Paul Stock Holy Trinity: Deanery Synod Members.. Mr Stephen Thomas Mr Keith Moore Mrs Margaret Elms Mr Paul Stock Diocesan Synod Members: Mr Paul Stock io
Elected Members: Mr Mike Evershed (to 20281 Mrs Sue Moseley (to 20281 Mrs Ruth TibbetS {to 2028} Mrsjuliet Leach (to 2028) M rs Sarah Clarke (to 20281 Mr Nick White Ito 20271 11 Mr David Knight Mrs Liz Biggs Mr Clive House Mr Timothy Biggs Mrs Sue Carrahar Dr Peter Stiff (to 20271 (to 20271 Ito 20261 (to 20261 (to 2026} Ito 2025 APCMI Co-opted Members: Mr David Peers Mrs Claire White {to 2026 APCM) (to 2026 APCMI PCC Secretarv PCC Treasurer Mr Keith Moore Mr Clive House th Approved by the PCC on the 4 February 2026 and signed on its behalf by.. Rev Steve Jones, Team Rector and Chair of the PCC Meeting Mr Michael Goom Churchwarden
Independent Examlnerfs Report tothe Trustees ofThe Parish of Littleham-cum-Exmouth I report on the accounts of The Parish of Littleham-cum-Exmouth for the year ended 31 December 2025 whlch are set out on pages 13 to 36. Responslbllltie5 and basls of report As the charity's trustees you are responslble for the preparatlon of the account5 in accordance with the requirements of the Charlties Act 20111'the Act'l. I report in respect of my examination of the charity'5 accounts 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. Independent examlner's Statement Since the eharitvs gross income exceeded £250,000 your examiner must be a member of a body listed in 5ectlon 145 of the Act. l Conflrm that l am qualified to undertake the examlnatlon because l am a member of ICAEW, The Institute of Chartered Accountants in England and Wales, whlch Is one of the listed bodies. I have Completed my examinat5on. I confirm that no material matters have come to my attentlon In connection with the examinatlon glving me cause to believe that in any material respect.. accounting records were not kept in respect of the charity as required by sectlon 130 of the Act,- or the accounts do not accord with those records,. or the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Account5 and Reports) Regulations 2008 other than any requirement that the accounts 8ive a 'true and fair view, which Is not matter consldered as part of an Independent examination. I have no concerns and have come across no other matters in connertion with the examination to which attention should be drawn in this report in order to enable a proper understanding of the a¢count5 to be reached. Jam 5 Bick FCA Chartered Accountant 18A Llttleham Road Exmouth EX8 2QG 13 March 2026 12
Llttloham cum Exmouth Parochial Church Council A Summary of our Funds and how they are held (This, technically, is not part of the slatulory accounts.. the more'formal, formal is on pages 31 and 321 Income Transfers betwee funds Note onIng Balance Expendlture CIo8lng 8alance LIST OF FUNDS galn5 on invesmentsl 0110112025 3111212026 ilnresldcted- General Fund 85,841 226,266 229.229 3,003 85.681 Designatsd (Unle51r1edI- Fabiic Fund Designaled Iunrèstrictedl Par18h 0i9ilal Project Designated lUn$trictEd1- Holy Trinity 0-5 Group DesbJnaled IUnr&strictedl- HR CoDsullancy Designale(I Iunreslricledl Lighlhouse Youlh Projects Total Unr&5trictèd Funds 2,970 17,026 11.049 8,946 1.590 5,474 6.564 500 4.000 4,WO 400 400 3,271 8,000 10,271 1,000 93.872 260,786 261.113 3,003 96.527 R8slricled- Refugee Support ProjÈd ReslrKled- Churchyard Account 1,B12 1.812 15.196 47,703 51,691 -2,175 9.032 Restricted- ECO Prol8cts 214 1,311 1.198 326 Re511id&d- Fabric Fund 18,077 12,509.74 11,338.82 19,247 Reslricled- Flower Guild- Holy Trinbly 943 977 972 947 Restrl¢18d- Flower Guild- Lltlleham 2,121 143 507 1.757 Re51rKl8d- Holy Trinity o- 5 Group 1,825 1,1Q8 |qW.11 -717 Reslricled- Holy Trinity Music Fund Roslricted- Lighlhouse Youth Projects and Hygga Chur¢h Restricted- Lilt1eha Church Gi¥& Go Green R881rlcted- Littleh&m cum Exrnoulh PCC Gommunily Fund 968 966 17,118 2,191 17,499 -83 1.727 30,235 17,088 45,359 1,985 183 2,000 250 1.933 218 218 R881ricted- Lillleham Hub Iformèrly known as Leisvré C8nltel Restricted Lillleh)m Begin W811 Iforrnerly Tols TÈrralnl Re8lricled- Thursday Group Iformerly Memory Cafè) ReslfiGled- Men's Breakfa51 8,260 7,309 9,117 6,451 1.508 2,322 1.431 2.399 172 484 -27 629 358 1,927 1.847 437 Restricted- Ordinand's Fund 3,239 450 1.002 2,687 Reslrded- Mission and Growth IScboDI Chaplaincy) Reslricled- Mission Communily AdTnSn Support Fund R851rlcted- Llllleh8m Church Ye115 Fund Total Re$triGted Funds 8,014 2.341 7,233 3,121 963 4.575 1,491 4,047 373 167 540 109,970 105,322 152.045 ,003 60,244 Endowm8nt- Legacy Trusts 73,027 2,209 75,237 Total 276,869 368.297 413,15B 232,OOB 13
Note repr85entgd by.. Cash in HarKJ 188 Currènl Account.. TSB Bank 9,435 Central B08rd of Finan Accounl 109,673 Inveslments- General 54,608 Inv8slmen15- held und8rTrus1 75,237 Equipmenl Churchyard Dger (not value after deprocialionl 13 249.141 Debtors, Ppayments, AcGiued Income 4.687 253,628 Les5 Creditors.. -21.820 Not totsl 232,008 14
THE GENERAL FUND I. INCOME Note 2025 2024 la.. Voluntar Income Envelope5, Standing Orders & Parish Giving Scheme Gift Aid recovered on 'normal' giving Collection5 Grant5 Donation5 & boxes Gift Day receipts, inc. Gift Aid recovered Legacie5 not allocated to designated funds 120,678 28,749 9,232 117 9,153 127,995 33,085 7,852 155 .8,224 6,962 167,930 184,273 Ib.. Artlvities or eneratin unds Use of churches and halls by outside organisations Catering activities for outside organisations etc Sale of postcards and other cards etc Donations for use of grounds for Car parking Charges for advert15ements in 'The Net, + donatlOll5 5,409 87 81 4,610 2,500 200 81 1,860 11,381 12,686 Ic.. Income rom Investments 11,302 Id.. Church Activities Use of churches and halls by Christian organisations Fees - weddings and funerals Fund raising- church functions Coffee bar income 396 18,881 370 6,636 21,679 334 5,568 26,283 TOTAL INCOME 218,201 234.250 15
2: EXPENDITURE Note 2025 2024 20.. Church Activitie5 Mi55ionary and charitable giving Ministry costs.. Diocesan Common Fund Clergy and Readers, expenses Church running.. Upkeep of Services Heat, light and water Insurance Maintenance of churches and halls Printing costs of The Net Other printing, postage, stationery, broadband etc. Bank and financial system charges Salaries.. organists Salaries: cleaners Independent Examiner's fees Administrator's salary, and payroll costs 15,114 117,848 4,798 5,500 25,124 15,868 11,228 2,029 2,673 819 3,646 5,024 1,890 16,019 119,858 4,767 3,713 25,747 15,288 10,952 1,986 2,619 4,839 1,890 17,235 229,756 227,578 2b Raisin Funds Catering Functions for outside organlsations Cost5 of church functions Coffee Bar Costs 213 1,438 1,283. 1,416 3,086 1,651 TOTAL EXPENDITURE 229,229 - 232,841 . Net DEFICIT before Investment GAINS 11,028 Increase on revaluation of Investment Assets 8,065 DEFICIT BEFORE TRANSFERS Add: Net Transfers: From the Churchyard Fund From Holy Trinity 0-5 Group From Holy Trinity Flower Guild From Littleham Flower Guild From Thursday Morning Group From Lighthouse Youth Ministries 2,963 2,175 717 695 311 310. 27 83 3.003 40 3,917 6,508 79,133. NET SURPLUS FOR THE YEAR Balance brought forward 1st January 2025 Balance carried forward 31st December 2025 85,641 85,681 16
HT 200 Celebratlon - a Deslgnated Fund (Unrestrlcted) Note 2025 2024 Income Donations Gift Aid Recovered Fete Town Band Concert Tickets Todd Gray Evening Shanty Men Concert ticket sales _ SOOA to the Shanty Men Refreshments and bar sales at concerts and talks Total Income 112, 1,969 408 1,066 552 180 4,788 Expenditure Bank and system charges Fete Expenses Fees for talks and concerts Other Expenditure Total expendlture Excess of Income over Expendlture before transfer Less: Transfer to Designated Fabric Fund Net Income after transfers Add: Balance 1st January 2025 Balance 31st December 2025 80 562 366 575 1,582 3,206 3,206
HUMAN RESOURCES CONSULTANCY- a Deslgnated Fund {Unrestrlcted) Note 2025 2024 No Income transactlons Expenditure Consultancy fees Total expenditure Excess of Expendlture over Income before transfer Add.. Transfer from Designated Parish Digital Fund Net Income after transfers Add: Balance 1st January 2025 Balance 31st December 2025 1,500 1,500 1,900 400 400 400 400
PARISH DIGITALAND TECHNICAL PROJECT- a Deslgnated Fund {Unrestrlcted) renamed from Parish DlIa1 Project Note 2025 2024 Income Grant from Church Institute Trust Total Sncome 5,474 5,474 17
PARISH DIGITAL AND TECHNICAL pROJE- a Designated Fund {Unrestrictedl - continued Note 2025 2024 Expenditure New HT Screen AV upgrade and streaming system - Littleham Total expenditure Exce55 of Expenditure over Income before transfer Add: Balance 1st January 2025 Balance 31st Dember 2025 6,564 4,040 8,221 -8,221 9,811 1,590 6,564 1,090 1,590 500
HOLY TRINITY 0-5 GROUP- A Designated Fund (Unrestricted) Note 2025 2024 Income Grant ~ The Church Insitute Trust Total income 4,000 4,000 4,000 Expendlture Salary Total expenditure Excess of Expenditure over Income Add: Balance 1st JanLJary 2025 Balan 315t December 2025 4,000 4,000 4,000
LIGHTHOUSE YOUTH MINISTRES Incorporatlng YOUTH AND FAMILY WORKER- A Designated Fund (Unrestricted} Note 2025 2024 Income Grant from Church Institute Trust Legacy Total income 7,000 1,000 8,000 16,000 Expendlture Salary Other Expenses Total expenditure Excess of Expenditure over Income Add: Balance 1st January 2025 Balan 31st December 2025 10,271 2,097 16,000 10,271 2,271 3,271 1,000 18
FABRIC FUND- A Designated Fund (Unrestricted) Note 2025 2024 Income Grant from Church Institute Trust Listed Place5 of Worship Grant Scheme Total income 17,026 10,000 943 10,943 17,026 Expenditure Upgrade of lighting in Holy Trinity Dehumidifier for HT vestrv Coppicing of Trees - Holy Trinity Church Ground5 Littleham Tower Clock Repairs Holy Trinity Survey and Plan Holy Trinity Flag Pole Other expenditure Total expenditure Excess of Income over Expenditure before transfer Plus: Transfer from HT200 Celebratlon Fund Net Income after Transfers Add.. Balance 1st January 2025 Balance 31st December 2025 4,875 1,485 3,096 720 1,692 2,820 2,628 3,189 1,973 11,429 486 3,206 2,720 250 11,049 5,977 5,977 2,970 8,946
REFUGEE SUPPORT FUND- A Restricted Fund Renomedfrom AFGHAN REFUGEE SUPPORT PROJECT Note 2025 2024 No Income or Expenditure Transactions Add: Balance 1st January 2025 C105ing Balance 31st December 2025 1,812 1,812 1,812 1,812
LIThLEHAM CHURCHYARD- A Restricted Fund Note 2025 2024 Income Fees Grant from EDDC Grant from Glebe House Trust for stolen trailer Commonwealth Graves Commission Donations Interest Received Gift Aid Recovered Insurance claim for stolen shoring board5 Total income 26,073 20,250 500 66 106 698 li 30,068 20,250 66 1,139 816 241 4,370 56,950 47,703 19
LILEHAm CHURCHYARD- A Restrlcted Fund- continued Note 2025 2024 Expenditure Salary, Er's N I, Er's Pension.. Sexton Grave Digging Costs Contractor5 Shoring boards replacment Machinery Costs Boundary Wall Repairs Natural Burial Area specific expenses General Expenses Depreciation of digger Total expendlture Excess of Expendlture over Income before transfer Less: Transfer to PCC'S General Fund for admin/printing Net Expenditure after transfers Add.. Balance 1st January 2025 Balance 31st December 2025 22,306 985 18,490 1,156 18,060 4,796 3,674 600 73 2,563 3,000 2,241 3,000 57,542 -592 -2,150 -2,742 17,938 15,196 13 51,691 3,988 2,175 6,163 15,196 9,032
ECO PPROJEcfs: A Restrlcted Fund Note 2025 2024 Income Donations Gift Aid recovered Grant- Community Action Group Grant - Bat Convervation Trust Fund raising- Coffee Morning Total Income 108 loo 25 300 885 14 1,311 125 Expenditure Donation to A Rocha UK for ECO work Littleham Church Bike Rack Jackets and tools for Churchyard Volunteers Bat Detectors and vacuum cleaner Churchyard Information Board and Lady Nelson Sign Plants and tools for Natural Burial Area Other expenses Total Expenditure Excess of Income over Expendlture Balance 1st January 2025 Balance 31st December 2025 25 398 300 574 20 279 517 1,198 112 214 326 919 -794 1,007 20
FABRIC FUND- A Restricted Fund Note 2025 2024 Income Donations Donation - HT Flag Pole survey Donation for new HT dishwasher Fund raising- Lent lunches Gift Aid recovered Legacy Listed Places of Worship Grant Scheme Total Income 413 948 1,550 4,200 365 1,175 351 127 9,799 872 359 7,649 12,510 Expenditure New HT dishwasher Holy Trinity Roof Repairs Holy Trinity- Flag Pole survev Other expenditure Total Expenditure Excess of Income over Expenditure Add.. Balance 1st January 2025 Balance 31st December 2025 9,815 948 576 2,252 6,405 1,243 16,833 18,077 11,339 1,171 18,077 19,247
FLOWER GUILD- HOLY TRINITY- A Restrlcted Fund Note 2025 2024 Income Donations and Wall Safe Flower festival - coffee bar Flowers for weddings Gift Aid Interest 464 992 135 450 25 38 172 61 Total income 977 Expenditure Flower festival flowers Flowers etc purchased Total expenditure Excess of Income over Expenditure before transfer Less: Transfer to PCC'5 General Fund Net Income after transfers Add.. Balance 1st January 2025 Balance 31st December 2025 194 1,028 1,222 138 972 972 -173 943 947 943 21
FLOWER GUILD - LIThLEHAM- A Restricted Fund Note 2025 2024 Income Donations,Gift Aid, and Fund Raising Fees for weddings Legacy - Valerie Ellett Interest Total income 50 128 2,000 59 93 143 Expendlture Purchase of flowers etc Total expendlture Exce55 of Expenditure over Income before transfer Less: Transfer to PCC'S General Fund Net Expenditure after transfers Add: Balance 1st January 2025 Balance 31st December 2025 507 375 375 1,811 -310 507 363 363 2,121 1,757 620 2,121
HOLYTRINITY MUSIC FUND- A Restricted Fund Note 2025 2024 Income Donation5 and contributions Total Income 50 50 Expenditure No expenditure during the year Excess of Income over Expenditure Add: Balance 1st January 2025 Balance 31st December 2025 50 918 .968 968 968
HOLY TRINITY 0-5 GROUP- A Restricted Fund Note 2025 2024 Income Fees Donatlons Fund Raising Gift Aid recovered Total Income 1,026 649 148 688 89 1,825 2,098 22
HOLY TRINITY 0-5 GROUP- A Restritted Fund- continued Note 2025 2024 Expenditure Salary Expenses 584 524 908 495 1,403 695 1,108 717 Excess of Income over Expenditure before transfers Less: transfers to General Fund: Use of Holy Trinity Hall Printing 750 770 19 789 94 757 40 Plus: transfer from General Fund to clear overdrawn balance Excess of Income over Expenditure after transfers Add.. Balance 1st January 2025 Balance 31st December 2025
LIGHTHOUSE YOUTH MINISTRIES incorporating YOUTH AND FAMILY WORKER and HYGGE CHURCH- A Restricted Fund Note 2025 2024 Income Grants: Hygge Church Grant from the diocese Exmouth Town Council Football for All Total Grants Donations Extreme Tour donations Hygge Church - donations and glft aid Ice Skating Trip Legacv Gift Aid Interest Total Income 500 1,147 1,647 381 .369 106 89 16,045 118 208 18,963 153 153 1,204 598 24 35 178 2,191 Expenditure Salary Extreme Tour Expenditure Hygge Church Expenditure Football Expenditure Other Expenses Total Expenditure Exce55 of Expenditure over Income, before transfers Less: Transfers - Spring Harvest Grant120231 to Tots Terraln Fund Le55: Transfer to PCC'S General Funds re printing Excess of Expenditure over Income, after transfers Add.. Balance 1st January 2025 Balance 31st December 2025 11,689 342 843 1,065 1,270 3.475 324 1,509 17,454 2,500 137 14,817 2,301 17,499 15,308 83 15,391 17,118 1,727 23
LIThLEHAM CHURCH GIVE TO GO GREEN- A Resticted Fund Note 2025 2024 Income Grants: Archbishops Council - Give to Go Green Diocesan Quick Wins Grant for Go Green Projects Listed Places of Worship Total Grants Donations Gift Aid Recovered Total Income 4,769 5,000 7,319 17,088 10,212 18,195 4,949 17,088 Expendlture Bank charges and Finance system Coffee Bar cost New Heating System for Littleham Church Total Expenditure Excess of Expenditure over Income Add: Balance 1st January 2025 Balance 31st December 2025 44 2,908 3,120 30,235 45,359 45,359 28,270 30,235 1.965 30,235
LIThLEHAM CHURCH BELLS- A Restricted Fund Note 2025 2024 Income Donations Gift Aid Interest Other income Total income 115 26 126 22 18 15 172 167 Expenditure Devon Church Bell Resoration Fund donation Total Expenditure Excess of Income over Expenditure Add.. Balance 1st January 2025 Balance 31st December 2025 30 142 231 373 167 373 540 24
LIThLEHAM CUM EXMOUTH PCC COMMUNITY FUND- A Restricted Fund Note 2025 2024 Income Donatlons Gift Aid Recovered Total income 2,000 1,500 188 1,688 2,000 Expenditure Support to those at disadvantage in the parish at this time Total Expenditure Excess of Income over Expendlture Add.. Balance 1st January 2025 Balance 31st December 2025 250 1,594 1,594 93 90 183 250 1,750 183 1,933
LIlEHAm DEFIBRILLATOR - A Restricted Fund Note 2025 2024 No income and expenditure transactlons were made Add: Balance 1st January 2025 Balance 315t December 2025 218 218 218
LIThLEHAM HUB - A RestTirted Fund ormerly known 05 Littleham Leisure Centre Note 2025 2024 Income Hire Charges Interest Other Income and donations Total Income 7,041 267 7,533 312 420 8,265 7,309 Expenditure Cleaner's Salary Heat, Light, Water Maintenance, Repairs & Insurance General expenses Total Expendlture Excess of Income over Expendlture Add- Balance 1st January 2025 Balance 31st December 2025 540 4,331 3,585 661 4,463 2,333 684 7,479 786 7,474 9,117 1,809 8,260 6,451 25
LIThLEHAM BEGIN WELL FUND- A Restricted Fund formerly Tots Terrain Fund Note 2025 2024 Income Donation5 Fees Gift Aid Recovered Grant- Diocean Mustard Seed Grant Total income 1,580 97 14 Expenditure Salary General Expenses Total Expenditure Excess of Income over Expenditure, before transfers Plus: Transfers- Spring Harvest Grant {2023) from Lighthouse Youth Excess of Income over Expenditure, after transfers Add: Balance 1st January 2025 Balance 31st December 2025 1,429 824 169 992 992 2,500 1,508 1,431 891 891 1,508 2,399 1,508
THURSDAY GROUP FUND- A Restricted Fund Formerly known as the Memory Cofe Fund Note 2025 2024 Income Fund Raising and donations Interest Total income 465 19 13 326 484 Expenditure Craft Materials, etc. Total Expenditure Excess of Income over Expendlture, before transfers Less: Transfer to PCC'S General Fund- use of HT Hall heating costs Excess of Income over Expenditure, aftertransfers Add- Balance 1st January 2025 Balance 31st December 2025 484 27 457 172 629 326 -314 13 159 172 26
MEN'S BREAKFASTS- A Restrlcted Fund Note 2025 2024 Income Contributions from Attendees Total income 1,927 .1,688 1,688 1,927 Expenditure Cost of Meals Total Expenditure EKcess of Income over Expenditure Add.. Balance 1st January 2025 Balance 31st December 2025 1,847 1,608 1,608 79 278 358 1,847 80 358 437 •****** MISSION AND GROIAITH (SCHOOL CHAPLAINCY)- A Restricted Fund Note 2025 2024 Income Donations Grants - Diocesan Grant Benefact Trust Total income 541 297 10,000 1,800 2,341 10,297 Expenditure Job adverts, DBS check, expenses, materlals Salary Total Expenditure Excess of Expenditure over Income Add: Balance 1st January 2025 Balance 31st December 2025 74 7,160 7,233 4,893 8,014 3,122 2,283 8,014 8,014
MISSION COMMUNITY ADMIN SUPPORT- A Restricted Fund Note 2025 2024 Income Grants Total income 4,575 4,575 4,500 Expenditure Expenses Salary Total Expenditure Excess of Income over Expendlture Add- Balance 1st January 2025 Balance 31st December 2025 49 1,442 1,491 3,084 963 4,047 3,537 963 963 27
ORDINANDS, FUND: A Re5trTCted Fund Note 2025 2024 Income Donations Gift Aid recovered Total Income 360 90 360 90 450 450 Expenditure Training cour5e5 and materials Conference for lay readers Irefund received in 20241 Total Expenditure Excess of Expenditure over Income Add.. Balance 1st January 2025 Balance 31st December 2025 782 220 1,002 552 3,239 2,687 185 635 2,604 3,239
LEGACY TRUSTS - An Endowment Fund Note 2025 2024 Income No income in the year (income is credited to general fund51 Expendlture No expenditure Excess of Income over Expenditure Plus: valuation increase on investments 2,209 2,209 73,027 75,237 1,265 Balance 1st January.2024 Balance 31st December 2024 73,027 Thefunds represent the AB W(Jterfield Trust.. the income only is availoblefor the upkeep of St Margaret's Church & Churchyard. The capital 15 held by the Exeter Diocesun Boord of Finance. 28
MISSION AND CHARITABLE GIVING From PCC From Gifts & f/raising Total funds A Rocha ECO Church - from ECO Fund Children in Need IHT 0-5'sl Children's Society.. Christingle Services Comic Relief - Red Nose Day IHT 0-551 CMJ 25 25 39 39 442 442 68 68 1,482 3,428 2,500 2,964 2,964 1,482 1,482 3,428 2,500 2,964 2,964 1,482 335 CMS Diocese of Goma Mission Aviation Fellowship Open Door Exmouth The Wave Church Macmillan Coffee Morning at Holy Trinity Tai5e Youth Fund Trip Itransferl 335 250 250 15,095 884 15,979 Last year's totals 15,740 1,232 16,972 30
BALANCE SHEET AS AT 31ST DECEMBER 2025 Note 2025 2024 Flxed Assets Machinery equipment Investment Assets 13 129,844 119,570 122,570 129,844 Current Assets Debtors Cash at banks and in hand 4,687 119,297 5,075 160,323 165,398 123,983 Less.. Credltors & Provislons Creditors: amount falling due within one year Provision 15,503 6,317 21,820 102,164 232,008 11,099 11,099 154,299, 276,869 Net Assets FUNDS Unrestricted Restricted Endowment 96,527 60,244 75,237 232,008 93,871 109,970 73,027 276,869
VALUATION OF INVESTMENTS - AT 31ST DECEMBER 2025 Stock- General 3161 M&G Charifund Units Cost 10,242 10,242 Market Value 54,608 54,608 46,543 46,543 Stock- held under Trust 1350.84 CBF Investment Fund Share5 20557.52 CBF Property Fund Shares 1145.068 M&G Charifund Income Units 12,218 25,000 12,218 49,436 59,678 29,986 25,469 19,782 75,237 129,844 31,235 24,932 16,860 73,027 119,570 ******¥*•** The notes on page 33 to 36 form part of these accounts. Approved by the Parochial Church Council on the 4th February 2026, and signed on its behalf by The everend Steven Jones Chair of the Parochial Church Council meeting held on 4th February 2026 Clive House Treasurer to the Council Thls Annual Report und Flnancial Statement5 were occepted at the Annual Parochlal Church Meetlng held on Wednesduy 22ndAprll 2026 The Rev nd Steven Jone5 Chalr of the Annual Porochial Church Meetlng Cllve House Treasurer to the Councll 31
STATEMENT OF FINANCIAL ACTIVITIE5 FOR THE YEAR ENDED 31ST DECEMBER 2025 Unrestri¢ted Funds Restritted Fund5 Endowment Funds TOTAL FUNDS 2025 2024 Income and Endowments Voluntary income Activities for generating fund5 Investment Income Church activities TOTAL INCOME 202,430 12,686 11,302 26,283 252.701 66,412 268,842 12,686 12,603 63,893 358,023 318,001 11,381 1.300 37,610 105,322 78,774 420,104 Expenditure Church activitles Raising Funds TOTAL EXPENDITURE 260,900 213 261,113 152,045 412,945 213 413,158 - 363.738 1,670 365.409 152,045 NET INCOME/IEXPENDITUREI BEFORE INVESTMENT GAIN5ILOSSES 8,412 46,723 55,135 NET GAINSILOSSES ON INVESTMENTS 8,065 2,209 10,274 2,448 NET INCOMEIEXPENDITURE 347 46,723 2,209 44,861 57,142 TRANSFER BETWEEN FUNDS 3,003 3,003 NET MOVEMENT IN FUNDS Balances brought forward 1st Jan 2025 Balances carried forward 31st Dec 2025 2,655 93,872 96,527 49,726 109,970 60,244 2,209 73.027 75.237 44.861 276,869 232.008 57,142 219,727 276.869 The Notes on pages 33- 36 form part of these accounts. The Unrestrlcted Funds consist of the the General Fund and the designated Parish Digltal and Technical Project Fund, deslgnated Fabric Fund, designated Holy Trlnity 0-5 Group Fund, desiEnated HR Conultancy Fund, and designated Lighth04J5e Youth Projects Fund. 32
NOTES TOTHE ACCOUNTS I. ACCOUNTING POLICIES The PCC is a public benefit entity within the meaning of FRS102. The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2022 governing the individual accounts of PCCS, and with the Regulations true and fair view" provisions. They have been prepared under FRS102120161 as the applicable standards and the 2019 version of the Statement of Recommended Practice, Accourkting and Reporting by Charities ISORPIIFRS1021. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body, nor those that are informal gatherings of church members. Fund accounting Endowment Fund5 are funds, the capital of which must be retained, either permanently, or at the PCC'S di5cretion,' the income derived from the endowment is to be used, either as restricted or unrestricted income funds, depending upon the purpose for which the endowment was established in the first place. Restricted Funds comprise al income from endowments that is to be expended only on the restricted purposes intended by the donor, and bl revenue donations or grants for a specific PCC activitv intended by the donor. Where these funds have unspent balances, interest on their pooled investments is apportioned to the individual funds on an average balance basis. Unrestricted Funds are income funds that are to be spent on the PCC'5 general purposes. Designoted Funds are general funds set aside by the pcc for use in the future. Project funds are designated for particular purposes for administration purposes only, Funds designated as invested for the PCC'S own use are abated in line with those assets, annual depreciation charges in the SOFA. De51gnated funds remain unrestricted and the PCC will move any surplus to other general funds. Incoming Resources Planned giving, collection5 and similar donations are recognised when received. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and legacies are accounted for when the PCC is entitled to the use of the resources, thelr ultimate receipt is considered reason.ably certain and the amounts due are readily quantlfiable. Dividends are accounted for when declared receivable, interest a5 and when accrued by the payer. All incoming resources are accounted for gross. See also Note 2 regarding legacies. Resources Expended Grant5 and donations are accounted for when paid over. or when awarded, if that award creates a bindlng or constructive obligation on the PCC. The Diocesan Common Fund contribution expected to be paid over is accounted for when due. All other expendlture is generally recognised when it is incurfed and is accounted for gross. Fixed Assets Consecrated and benefice property is not included in the accounts, in accordance with s.1012llal and Icl of the Charities Act 2011. Movable church furnishings held by the Rector and Churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the Churche5' inventories, whlch can k)e inspected lat any reasonable timel. For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements. Subsequently no individual item has Cost the PCC more than £5,000, so all such expenditure has been written off when occurred. 33
The Littleham Hub (formerly known as the Littleham Leisure Centrel, whilst registered in the name of the Diocesan Board of Finance on our behalf, reverted Ifrom being leased to a separate body) to the PCC in 2018. However, the PCC cannot see that it will ever have a slgnlficant marketable value. a5 any attempt to use the site for other purposes would be unlikely to Succeed, and indeed be undesirable. We can see no justification, therefore, in incurring costs to obtain a professional valuation. It Is, therefore, not included in these financial statements. The Independent Examiner supports this view. Equipment used within the church premises with a net cost to the PCC of £5,000 or less 15 written off when the asset is acquired,. a £12,000 digger for the churchyard was purchased in November 2022 and is being depreciated at £3,000 a year over 4 years, including the year of purchase. There are no other items which require to be depreciated. Investments are valued at market value at 31, December each year. 2. LEGACIES The PCC benefitted from 2 new legacies in 2025. A le8acy of £9,799 was left to Holy Trinty Church from Rosemary Walshaw and ha5 been allocated to the Restricted Fabric Fund. A £1,000 legacy from the estate of Enid Hayward has been allocated to the Designated Lighthouse Youth Projects Fund. An additional £24 was received, on a £16.044.75 legacy received in 2024, from a deceased member of Holy Trinty congregation and has been allocated to the Restricted Lighthouse Youth Projects Fund. 3. RELATED PARTYTRANSACTIONS In 2025, donations were received from Trustees IPCC member51 and their close relatives totalling £21,838'.12024: £26,951). The donois did not attach any conditions to their glfts which required the pcc to significantly alter the nature of its existing activities. 4. TRUSTEE EXPENSES In 2025 two PCC Members (both Clergy) claimed expenses, including travel, subsisten, offlce Supplies and the cost of communications, totalling £4,500'.12024: £4,425). 5. LEASE The heading of 'printing, postage and Stationery etc,, includes charges of £82612024: £8261 to cover the rental of the Photocopier in the Mission Community Office, plus a small freestanding one. The current lease is for five years and f inishes at the end of January 2026, when a new 5 year lease will be implemented. 6. PRINTING POSTAGE & STATIONERY ETC. As an exception, this figure is the net cost to the PCC of such items. There was a comparatively small amount of income from work undertaken for Lympstone PCC and private individuals, which is not considered 'material'. At our request, the Independent Examiner has agreed this is not material. 7. STAFF COSTS al During the year, the PCC employed three part time administrators lincluding a part time employee who left at the end of March 20251, an organist, a sexton, a leader of Lighthouse Youth Ministries, a leader of the 0-5 Group at Holy Trinity, a part time cleaner for HT Church, a school chaplain based at Exmouth Community College, and a part time leader of Tots Terrain (who left at the end of july 20251. On I" October 2025 two new member5 of staff were employed.. a part time cleaner at the Littleham Hub, and a part time technical manager. No member of staff earned more than £23,000 in the year. All employed staff received a rise of 2.8Yo, or greater in order to achieve the Living Wage Foundation rate of £12.21 per hour, on the I" April 2025. 34
Staff salaries totalled £89,110 gross1£75,758 in 20241. National Insurance employer contrlbutlons paid by the PCC totalled £6.9091£3,804 in 20241 which were claimed back under the Employer Allowance Scheme. In addition, a further £2,444, backdated from 2024, was claimed back under the Employer Allowance Scheme to give a total claim back of £9,353 for the year. Employer's Pension Contribution5 (defined contribution plan) totalled £1,3541£1.494 in 20241. 2025 staff costs recharged to Lympstone totalled £4,0181£4,159 in 20241, and organist fees received totalled £4731£334 in 20241. Payroll processing costs were £5811£531 In 20241. The total cost to the PCC for 2025 salaries and payroll processing costs was £84,1101£76,248 in 20241. 8. DEBTORS AND PREPAYMENTS Debtors are measured at their recoverable amounts, the amount that the PCC anticipates It wlll recelve from a debt or the amount it has paid in advance for goods and services. In 2025 these totalled 12024: £5075 The 2025 figure is made up of: al Debtors Gift Aid Claim Funeral and Burial Fees HT Hall Hire fee £987 £3,235 £120 bl) Pre ments Royal School of Church Music 2026 subscription World View Fayre Youth Event 9. LIABILITIES Liabilities are measured at their settlement amount and reco8nised for the amount that the PCC anticipates it will pay to settle the debt or amount it has received in advance for goods and services it must provide. Provlsion for liabilities are measured at the best estimate of their settlement amount. In 2025 these totalled £21820 12024 £11,099) The 2025 figure is made up of: al Creditors.. Maintenance of Holy Trinity Grounds Churchyard expenses Bank Charges Gas and Electricity Snvolces Including Litt Hub Diocesan Funeral Fees PAYE/NI and Pension payments - Dec payroll Christingle and marmalade- Children's Society Lympstone contras - funeral fees Beacon School Christmas Concerts Littleham Flower expense Coffee bar and other expenses Broadband and Telephone £137 £208 £350 £860 £8 £2,743 £2,953 £1,038 £442 £214 £135 £61 £585 £60 £9,449 ments made to U5 in advante.. Wedding fees Contributions for 'The Net, 2026 Taize Trip donations Bookings for Littleham Hub £1,179 £765 £4,062 £48 £6,054 35
bl Provisions 2025 gas and electricitv C05t5 not yet invoiced Independent Examinerfs fees £4,427 £6,317 10. MOVEMENT BEfwEEN FUNDS Transfers between Funds are Set out clearly in the various Income and Expenditure Accounts shown on pages 15 - 29. 11. PRESENTATION OF FIGURES The financial Statements are presented in pounds sterling, the functional currency of the Charity, and are rounded to the nearest pound 1£). As a result totals may differ by up to £1 when individual line Items are aggre6ated. To the best of our knowledge and belief, we believe that this document complies with all the 'regulations' ie 'SORP 2015,. However, additional figures are presented in a more 'customer-friendly' and clearer w?y than that recommended in the 'text book5,. We feel that it is vital that those who have no specific accountin knowledge are able to at least understand the vast majority of it. 12. TRUSTEE REMUNERATION Remuneratiorb or benefits were paid to 4 Trustees IPCC Member51 during the year.. Paul Stock, who is the Organist at Holy Trinlty Church, Nick White, who is the Youth and Family Worker, Liz Biggs, who was employed as the leader of Tot5 Terrain until July 2025, Tim Biggs, who has been employed as Technical Manager since October 2025. Their combined remuneration did not exceed £28,100. 13. FIXED ASSETS Machlnery Equlpment Cost Brought forward Additions Carried Forward 12000 12,000 Depreclatlon Brought forward Additions Carried Forward 9,000 3,000 12,000 Net book value Carried forward Brought forward 3,000 36
GENERAL FUND BUDGET 2025 ua oe 2026 L. INCOME La: Vo1vnlary Income Envelopes, Standin8 Orders & ParlshGivlngScheme GiftAid r0verd Collections Grants Donatlon5 Gift D3y. incILn3 GiltAhJ rÈiovered Le8acles 2025 2025 128,000 32,000 120,678 28,749 9.232 117 9,153 122,000 30,OOt). 9.200 9,000 1'77,000 167,930 Ib.. Adlvitle5 for gemeraling tund5 Use of ¢hurChsad halls byoLtsldÈorganls3tlons 4,500 200 100 5,409 87 Bi 4,610 2.5(Kl 12.686 100 100 Sale ol posttardland other cardsétc Donatlonfor use of grounds for Car parkSng Charges foTadverti5ements In'The Net. & Oonauons 2,500 J2,300 Z5(. Ic tncome from InvEsiments 11,302 9.000 Id.. Church Actlvltles Useof chvrches alld halls byChristiaThorgani5ttions FeE5- wedding5. funern15 etc Tansfèrsfrom otherfunds for a%rnlnlstrarh)ni prlniin& etr. 500 24,000 2,5110 396 18,881 3,042 370 6,636 29,325 500 Coffee bar income 5.500 32,51JO 6.500 3Q,000.. TOTAL INCOME oe ua 9e Z. EXPENDifuRE Za.. Church Actlvltles Mi55ionary andcharitaNe giying Ministry 105t5'. Diocesan CommoTI Fund Clergy & Reader expenses Churih runnlng.. Upkeep of Services heat, Ilght, war Insvran¢e mainrenaneoFchur¢he5 & halls The Net- costs Prlniin8, POSt38e and slBtlonery Bank and flnanclal system ch3rge5 5alaries.' organist5 cleaners Independent Examlner'5 fees Tansler5 loo- 55 to clear deficlt. Admlnlstr3tor's salary, & Payroll c05t5 17,J60 127,848 15,114 117,848 4,798 5,5 25,124 15,868 11,228 2,029 2,673 819 3,646 5,025 1,890 40 16.019 227,618 115,023 5,000. 4,500 25,50Q J6.000 .000 2.300 4,500 16.(A 12.000 2.500 3.500 800 4.800 5.000 2,000 800 4.000. 5,100 L9(1(Y 19.500 236,108 17.500. 230423 Zb Ralsing FuNts Steward5hlpenvebpe5 etc Calering Full£tv)n5forouiside org3ni$3tlons Production of video, cost of card5etc C05t5 Of thurchfunrtions Coffee BarCost5 1,000 1600 2,600 213 1.438 1,651 1,600 2,6C>O TOTAL EXPENDuRE 238 708 229,269 YJRPLUS IOEFicrri 7.908 8,026 11,623. NB.. These flgure5 all omlt te re-valuation of our shares the 31st beTbrea(h ye8r. In 2025 fvr examp1E, they Inciea5ed In value by£8.065, but have dreasEd valwe ill prevlou5years. 37
IndBP8ndont ExaTnlngr'$ Report to thg Tru$tsgs of Glebe Hou9è Tru8t I report on the accounts of Gl¥be House Trust for the year ended 31 DecembèT 2025 which are sel out on the attached page numbered 39. Respon8lbllltles and bas18 of report Ag th8 ch8fity'8 trustees you arè Tesponsible for the preparalion ol the accounts in a¢coTdance with I requirements of the Charilies Act 20111'thè Acl'l. I report in rtsspect of my examinatlon of Ih8 ¢haiiLy's accounts carriod out under sectlon 145 of the Act and in csrrying oyl ffly gxarnlnatlon I have followed all the applicable Direclions given by th8 Charity Commission under eclion 14515llbl of the Ad. Independent ex*mlner'8 Statement I have completed my oxarnination. l confirm that tnalerial matters havo come to my attention In cOnneCtn with thè exatninalion givlng me cause lo be5ieve Ihat in any rn8terial respe.. acwunling records were nol kept in SpeCt of the chartly as requirèd by sectlon 130 of thè Act; or the aecounls do not accord with those re¢ords,' or thts 8ccounls do nol comply with the applicable requiTem8nls concernlng the form and content of accounts set out In the Charities IAccouThts and Reports) Regulatlons 2(M)8 olher Ihan any reqU1ment thal the CunIS give a'lrue and fairM8w' which Is not a maller COndered as part ol an independenl examination. I have no concern5 and have come acrD5S no other matters in conneclion wilh the examination lo which att8nlion should be drawn In ihis r8POrt in order to tsnae a pioper understanding of the acco¢Jnls to bo reached. James Bick FCA Chartered Accountant 18A Llttlèham Road Exmoulh EX8 2QG 13 March 2026 38
The Glebe House Trust Fund - Exmouth Accounts for the year ended 31st December 2025 2025 2024 General Account- Revenue Income Interest and Dividends 4,075 4,075 3,821 Expendlture Repairs & Maintenance to Clergy Houses IT Equipment Grant to the Churchyard re stolen trailer Cost of Independent Examination 159 584 500 420 152 1,094 420 1,666 -21SS 6,464 8,619 1,663 2,412 8,619 11,031 Excess of Income over Expenditure Balance 1st January 2025 Balance 31st December 2025 b) Capltal Account Balance 1st January 2025 Add.. Gain on Investments Balance 31st December 2025 60,633 7,381 68,014 59,502 General Account- as above Capital Account- as above 11,031 68,014 79,045 8,619 60,633 69,252 Represented by: Investments at valuation Balances at Bank and Central Board of Finance 68,014 11,452 79,465 420 79,045 60,633 9,039 69,672 -420 69,252 Less.. Creditors Investment Values at 31st December 2025 2718.911 M&G Charifund Units 16985.46 CBF Property Units Price 1,727.40 123.89 46,971 21,043 68,014 20,600 60,633 Notes to the Attounts.. l. This is a Trust in the nome of the 'Vicar und Churchwordens, set up In August 1973, origin¢711y£ll,QOO. It is tott711y separatefrom the PCC. The Copitul is held by the Diocesun Boord of Finonce. Special conditions opply.. whilst the mt7in intent is to help mointuin clergy house5, other uses are ulso permitted. 2. The GenerGIAccount receives the investment ond other income, which is ovoilablefor disbursement The CapitolAccount (except the increase in vulue J connot be touched without reference to the Bishop of Exeter. R.J. SOUThER FCIB- Clerk to the Glebe House Trust 2nd January 2026 39
Littleham cum Exmouth Endowed Charlties Accounts for the year ended 31st December 2025 2025 2024 Non Nobis Domine Account (Created by the Reverend James Boucher of Budleigh Salterton in 1885 for 'apprentices'). Income Interest received 269 269 261 261 Expenditure I nternal staff training Small Grants for financial support to attend functions Grant for external training Course Total expenditure Excess of Expenditure over Income 48 52 200 300 -31 200 200 61 Add: Balance 1st January 2025 Balance 31st December 2025 98 67 37 98 The Capital of this charity is invested with 'COIF Charity Funds, and at the 31st December 2025 had the following valuation: Non Nobis Domine 474 units @ 1,932.19p 12024.. 2029pl 9159 9159 9619 9619 There is a balance at TSB Bank at 31st December 2025 Of: 67 98 R.J. SOUTTER Clerk to the Trustees 2nd January 2026 40