Charity number: 1128863
Saffron Walden Paroehial Church Couneil
Trusts¢s' Report and Finaneial Statements
For the year ended 311)e¢ember 2025
Addres8
St Mary's Chuwh
Church Path
Saffron Walden
Essex
CBIO IJP
Independent Examiner
B¢ntens
Abbey House
51 High Stre¢t
Saffton Walden
Essex
CBIO IAF
Bankers
Barclays Bank Pl¢
Leicester
LE87 2BB
Page N
2to4
Annual R¢port
Jndependent Exa￿l￿er'S Report to the Tnlstees
Ststsm¢nt of Firtancial Activities
Balance Sheet
8t016
Not¢s to the Financial Statements

SaffroD Walden Paroehi81 Chureh Council
Annual Report
For the
ear ended 31 Dcccmber 2025
Report of the trusttts for tbe year ellded 31 December 2025
The trnstees present their annual report and financial statements of the ¢harity forthe year ended 31 December 2025. The
rjnancial statements have been prepared in a¢¢ordanee with Accorlnti￿O and R¢p)rttng by Charities.. St&t¢m¢nt of
Recommended Practice (SORP) appli¢abl¢ to ¢horities prepariJ)g th¢ir a¢¢ounts in accordance with the Financial
ReportiDg Standard applicable AQ the UK and Republic of Trelalld (FRS102) (second edition of the Charities SORP
(FRS102) October 2019 effective L January ?019), the Finaucial R¢portillg Standard appli¢abl¢ iti the Unit¢d Kingdom
and Republic of treland (FRS102) and the Charities A¢12011.
Thefinancial statements hav¢ been preparedto give a.true and fairf, view andhave departed from theChariti¢s (Accoun
and Reports) Regulations 2008 only to the extent required to provide a"tNe and fair view". This departur¢ has involved
following Accounting and Reporting by Charities.. Statement of Recommended Practi¢¢ {SORP) appli¢abl¢ to chariti¢s
preparingthelra¢¢ounts in accordance with the Financial Reporting Standardapplicable in the UK and Republic of ITeland
(FRS102) Ise¢(>nd edition of the Charities SORP (FRS102) October 2019 effective l January 2019) lather than the
Ac¢ounting and R¢porling by Chatities.. StatementofRecommeDded Practice effective from l April 2005 whicbhas since
been withdrawn.
Objeetives *nd aetivities for tbe publi¢ benefit
St Mary's in Saffron Walden is the town ceDtr¢ wbi¢h 05 well as being uscd for regular worship througbout the
week is used for civic and oth¢r 5peci81 serviees and concerts. The PCC is committed to bringing ￿ many people as
possible to worship at our¢hu￿h and to becomepartofour church commuoity at St M2ry's. The church has many groupy
and activities. Our worship* expressed in prny¢rand scripture. music and sa¢rarne￿ is celltralto who w¢ are and what we
The PCC is also cornmitt¢d to and offers financial support to the local church school, St Mary's Primery School.
The TnLSte¢s keep in mind the Charity Cornmission's guidance on public benefit when planning the activities forth¢y¢ar.
Activities and p¢rformanc¢
A wide range of s¢rvi¢¢s is offered durinu the week 8nd throughoutthe year. Aswell tt5 OUT regular services at St Mary'4
we enable our Community to ¢elebrate and thank God throughout their journey through life- at baptisms. weddings and
fiJneral5.
The cunrnt Electornl Roll was completed in Mar¢h 2025, when th¢re were 231 parishion¢rs of whom 30 were non-
restdent. The averdge usual Sunday attendallC¢S during 2025 at St M8ry's and its d&ugbter ¢hur¢hes. wa$ 177 adults. (The
uumber of chiléren varies substantially depending on th¢ servi¢¢). Numbers are COttSLdeiably increased at fe5tiva]s. ott¢
service eacb Sunday continue5 to b¢ liv¢streamed OJ) You Tube.
No faculty applications were submitted in 2025.
Buildings Dev¢lopm¢nt and Cgplt81 Projects
Due to the geTJerous level of donations received and following a number of successful grant applications-with particular
thanks to the Friends of St Mary's- we managed to fijlly fi]nd the Lighting Project by June 2025 and work commenced
in early August. Som¢ 45•h of the new lights were in place in time for our Christma5 services and by the time thi5 report
was sign¢¢ the project had been substantially cojnpleted.
Finanei#l Revlew
Th¢ balance sheet for all funds shows a decrease of £63.442 from £967,912 to £904.470 ai the end of 2￿25. Excluditig
uJ]realis¢d losses on investments of £4,868, the net decrease for the year was £58,574. This decrease is mainly due to
expendiDJre on the Lighting Project (Fabri¢ Fund). Expendilure on the proj¢ct am¢)unted to £170,060 in the year, whi15t
donations, grants and VAT recoveries on the proje¢t amowited to £137,063. Excluding unre8li5ed losses on investm¢nts
and depreciation. the surplus on the Generdl fiTnd amounted to £9,677 in 2025. As ]n¢ntioned in last year's report, th¢
PCC, ai its meeting on I I September 2024, designated £IOO,O(X) of the Fabric Fund for ihe North Aisle Roof &
Quinquennial work and £84,000 of the G¢n¢ral Fund ￿serveS for known futtjre ¢apitsl proj¢¢ts as follows.. £20.(M)O for
the Nave Altar projec( £10,000 for the Organ full￿ £10,000 for the refurbishment 0£ the parish rooms and £44.IIJO for
the Lighting Project. These designated funds will be used as alld when required.
Pas¢ 2

The revaluation of investments at 31 December 2025 result¢d in an unreali5ed loss of £4,868 (2024- £2.726 gain). Fixed
assets were depreciated by £10,887 C024: £10,887). A provisioty for fees of £2.000 (2024.. £1,900) has been included ij)
these aCCoL￿ts for the independent examinatLOll.
Contributions towards the Parish Share from St Jame5 Sewards olld St John's Little Walden Amounted 10 £4,074
(2024.. £4.050) and £3264 (2024.. £3,245) respectiwely.
Once agatll. the continued generosity of P￿lS￿l0n¢[S through the stcwordship schernes and local fundraising activities
enables the PCC to continue planning with confidence.
The PCC reviews the activiti&s of the parish and considers and mitigate5 the major risks that may arise from time to time.
The PCC wtll continue to review the risks on an on-going basis.
Investment Policy
The PCC'S Policy is to plac¢ SUTplus working capital in interest bearing bank deposit account5 and the CBF chU￿h of
England D¢posit Fund. Regarding longer tem funds, including those to be h¢ldp¢rFnanently (e.g. the endowznent funds).
th¢ policy is to hold the funds in the CB Tr Church of England Investm¢nt Fund, which is managed by CCLA Investment
Matlasement Ltd. Ittvestmellts are reviewed periodically by th¢ Finance Committee.
Reserves Policy
The PCC'5 Policy, which is reviewed atwually, is to maintain free cash reserves equival¢nt to 3 months of total budgeted
expenditure (around £66k for 2025). The policy is to retain exce55 free reserves ulltil requir¢d for material capital
expenditure to be approved by the PCC. Totsl 'free re5erve5' at 31 Decejnber 2025 amounted to £192k but are
substantially reduced to £108k after the designations to specific capital projects as nored abov¢.
Going Concern
The Tn]st¢es have approved a budgeted deficit of £9k ftjr 2026 and ¢very ¢ffort will be made to reduce ihis during the
year. As noted above, 'free reserves, amounted to £I08k at 31112125, well ID excess of the budg¢ted deficit. For this
reason the Trustees colltinue to adopt the going conc¢rn basis in preptritig th6 f￿￿tc￿al statements.
Grallts (outward giving) Poliey
The PCC supports a small nutnber of charitable entities (both ot home and OY￿Sed&), itieluding the locat ch￿ch of
England Primary School in Saffron Walden. The aim is to give between 5 and I￿0 of planned giving. Tb¢ arDounts aj
recipients are reviewed annually.
In addition. special colle¢tions ore h¢ld from tim¢ to time. to suppo¢ for example, DEC appeals and the uttlesford
Foodbank.
Plans for the fllture
The PCC is aware of a number of majorprojects that n¢ed attention overthe coming years. Th¢se 7nclude the Nave Altar.
the refurbishment of the Organ. the Audley Tomb and the north aisle roof. Progress on all these will d¢pend upon our
ability to rdise the necessary funds.
W¢ want St ￿￿?,S to flourish in its important role as the parish church forthe iown of Saffron Walden: to b¢ at the heart
of community life and to be an attractive place for visitors.
Structure? governan¢¢ 2nd management
The Parochial Council is a ¢orpornt¢ body established by the Church of England. The PCC opernt&s under the
Parochial Church CouncTI Powers Measure and 15 a Registered Charity. All PCC rneTnb¢TS are trustees. Representstives
of the laity ar¢ elected by members ofthe ele¢loral roll atihe Annual Parochial Church M¢eting for a3 yeartemi. Together
with the clergy, ¢hur¢hwardens and ¢o-opi¢d m¢mb¢r5. rh¢y form the PCC.
The parish of Saffron Walden. which iticludes its daugbter ehurche4 St James Sewards End and St John Little Wald
Is governed by the PCC, under the chairmanship of the Revd Jeremy Trew. The PCC members are responsible for making
decisions on allmatters of general concern and importaoce to the p8ri5h including decisions on how funds of the PCC are
spenL Civen its wide respoA]sibiEities, the PCC has a numberol¢ollllnittees, each dealing with aparticularaspect of parish
lif¢. These COn￿lItee5, for exa￿p]e, Worship, Children & Yout& Prayer. Property, Finance etc 2r¢ all r¢spon5ibl¢ to the
PCC and report back to it regularly with minutes of their meetings being reviewed by the fijll PCC and discussed as
necessary.
The PCC met six time5 during the year.
PJg¢ 3

During the year the following seryed as rn¢mber5 of th¢ Pan)ehi741 Chur¢h Cowncil:
Ckrgy:
Reyd Jeremy Tr¢w, Chairn)an, R¢vd Ella Harri5, Revd Hilary Walker.
Rcvd Lynda Sebbage (frorn May 2025)
Churthwardens:
Simon Potter. Vivian Falk
Other members:
Marisa Baltrock
Rufi￿ Barnes (from May 2025)
David Birchall {Treasurer)
Lisa Brook
Gill Caswell (Deancry Synod Member)
Bronwen Ferland
Richard FTo¢man (Deanery Synod Memlxr)
Gillian Gibson (from M8y 2025)
Edward Gildea {to May 2025)
Judith Hasler {S¢wards End Representstive)
Stev¢ Hasl¢r
Martin Hugall
Patrick Li
A￿￿a Martin (Deancry Syn(Ml Member)
Shawn Martin (Deanery Synod MembEr)
Helen N2sh ILittle Walden Representative)
Tracey Nicholls
Robin O'Neiil
Jan Siewertsen (from May 2025)
Noel Statr
Co-opted member..
Oliver King (Dir¢ctor of Music)
ststement of Tru5tses' R¢$ponslbilltles
The charity tr￿SteeS are respollsible for preparing a trustees, annual report and f￿all¢la1 statejnents in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Genetally Ac£epted Accounting Practice).
Th¢ law applicable to chariries in England and Wal¢s requir¢5 th¢ charity trust¢¢5 to prepar¢ financial stat¢m¢nts for¢arh
year which give a trne and fair vi¢w of ih¢ stste of affatis of the charity and of the incoming resources and application of
sources, for that period. In preparing th¢ financial 5rot¢ments. the tn]stees are required to=
select suitable accounting polici¢s and then apply ihem consistentty.
ob8ervr the methods and principle5 in the appli¢abl¢ Charitzes SORP;
mÈkejudgements and estimates that are re&sonable and PTud¢nt'
Stsle whether applicable accountin£ standards have been followed. Subject to any material departure5 thatmu5t
be diselosed and explained in the fillancial stalemcnts.
pr¢paFe the fmancial statements on the going concern basis lU￿esS it is inappropriate to presume that the Charity
will cotjtinue business.
Th¢ trusrees are responsible for keeping proper a¢¢ounling r¢¢ords that disclos¢ with reasrJnabl¢ accura¢y at any time the
finaneial position of the charity and to enabl¢ Ih¢m lo ensure ihat Ihe finanrial Siatem¢nts comply with the Charilies Act
2011. the appli¢able Charities (Accounts and R¢FK)rts) Regulations, and the provisions of lh¢ Trust deed. They are also
responsible for safeguarding the a55¢15 of ¢h¢ ¢hariry and taking reasonable steps for the PEEvention and dete¢iion of fraud
and other iffegularities.
The trustees are responsible for the maintenance and integrity of the charity and f￿an¢tal infornlation included on the
charity's website in a¢cordan¢e with legislation in the United Kingdom governiDg the preparation and disseminatiou of
fjnancial statements.
n bthalf of the P8rish by:
Jeremy TTew
Date: 18 March 2026
Pag¢4

Independent Examiner?s Report to the Trnstees
For the year ended 31 December 2025
I report to the ¢harity thistees on my examination of th¢ arcounts of the charity for the y￿r Ended 31 D¢¢ember20￿.
Responsibilities #nd basis of report
A5 die ctwity's trustees you are responsibl¢ for th¢ prq)ar2tion of the aecolints in accordattce wlth the requirements of
tiw Cljarities Act 2011 ('the A¢t').
I report io respect of my examinatlOD of the Charity's accounts cartied out under section 145 of the Act and in carrying
out my exauLiaation I have followed all the app]l￿ble Directions given by th¢ Charity Conllnission under section
145(5)(b) of the Act.
Ind¢pendeMt Examiner's Ststernent
Since the charity's gross in¢ome exceeded £250.000 your examiner be a mernber of a body lis*d in se¢bon 145 of
th¢ Act. I confimi that l am qualified to undertake the examination because l an7 a mernberof the Association of CharteTed
C¢rtified Aerountants, which is one of th¢ listed bodies.
I have Compl￿¢d my ¢xamillation. I conf]rni that no material matters have come to my aitention in connection with the
examillation giving me cause to believe that in any material respect..
acwunting records were not kept in r¢sp¢¢t ofthe Charity 8s requtred by section 130 of the Act: or
th¢ 4¢¢ounts do not accord wth those re¢ords' or
the accounts do not comply with the applicable requirements Concerning the fo￿ and content of accounts S¢t
out in the Charities (Accounts and Reporrs) RegulaÉions 2008 other than any requirement that the awounts giv¢
a'true and faTV wew whtch is not a matter considered as part of an independent examination.
I bavo no concen]s and have come a¢ros$ no oiber ]nauers ill cojjnection with the examination to which attention shoukt
be drnwn in tbi8 report in order to enable a pr(pp¢r understattding of the accounts to be reached.
This report is Jnade solely to the charity's Trustees, as a body, in accordamce with Part 4 of tho Chariti¢5 (Accounts alld
Reports) Regulations 2008. My work has been undertaken so tbat I might state to th¢ charity's Trust¢¢s those matter5 1
am requiredto state lo thetn in an Independent Examinerf5 Report and forno other purp05¢. To th¢ fullest ext¢nt pemitted
by law. I do not accept or &ssvme responsibility to anyone other than the charity and the charity'5 Trustses as a LK*dy. for
my work or forthis report.
Signed-
S WamerFCCA
For and ots behalf of Bentens
Chartered Certtfied Ac¢ountants
Abbey House
51 Fligh St
Saffton Walden
CBIO IAF

Saffrott Walden Parochlal Church Counetl
Statement of Financial Actfv5ties
For the year ellded 31 Deeember2025
Restrfcted
•nd
illlrtslritttd Endowllt
irftred
Total
Fund¥
Uirejtrlcted Endowthent
FUD
Furtds
Totsl
2025
21124
Note
frorn donabo]Js le￿Ie5
Incom¢ fsom Charitable a¢i¢wities
220393
28,786
28.025
2,557
111.967
7.367
12.471
25.889
339.260
36,153
40,496
28.446
206,961
27.144
19,874
4,686
107,008
9.916
11.436
4.602
313,969
37,760
31.310
9,288
2b
Cryh¢r incow
2d
TolAI IBcom¢
279.661
392
27
Exp¢nditurt
Gronts
Aclivities dirECttyrtiotÉn8 10
lh¢ work of the Chutt
38
6.681
10,179
8,130
4.714
11844
3b
269951
403
217.963
4,433
487.914
4.836
242.2(K>
419
50.892
6,69Y)
293.092
7.109
T￿11 Exptndtture
277 035
250 749
62296
313.045
Nettncomel(EwdRlure) beforeTr￿STeTs
1626
1012DDI
158,5741
8.616
70,666
79282
Transfers bEtween fi￿d5
Netllleome l (EIptndltirtl 8lld net
movemtnl iTh btfott8alns 8Trd
2.626
1613001
15&574}
&616
70.666
79282
CAins/ (105S¢51 OnInV¢wr￿
112311
12,6371
14.8681
1249
.477
1726
Net movementlll hllds
395
163.837
163.442)
9,865
72.143
82.008
Recontili4tiolloffulld5:
Total fuwds broughtforwATd
590.144
377.768
967.912
580.279
305.625
885,904
Total fu4th urriEd fonFard
590.539
313.931
904.470
590.144
377.768
907.912
lthChedn￿eSfvnNPartOAthE1¢Jf￿￿ftC[oIJlO1effieThI￿.

SatTron Walden Parochial Chureh Couneil
Balance Sheet
31 Deeembtr 21125
2015
2024
No
FiAedAsstts
Tan8iblE fL￿'d 359eLs
I￿}￿stm¢￿ts
294,065
124233
418298
304,952
4J3.733
C￿rrenT Asgcts
Debtws
Short Icrni d¢posits
Cwh in hand
8,856
400,763
108.870
518.489
14,7(
165.264
571.130
Llabllliles: Amounts f*lllnE du¢ wlthiTh ODE year
A951
￿etc￿r￿￿tA$Stts
486,172
534.179
Nei Aysets
904.47
967,912
iinds
UJJte5tricled Fund5.'
Rcv31uation RvseTre
o￿tr Untesiri¢ied Furtds
Restricted and Endownlnl FU￿d%
193,929
396.610
193,929
396.215
377,768
io
904.470
967.912
App
bythe PaY￿bla)ChurCh Coun¢ll on 18 Marth 2026 snd si8n&l on its b¢half by..
Jtrcmy TT¢
Chilrmi
Bircli811
Trea$vr¢r
The ollachedii0les/orinwrloJth¢sefii￿ncia1S1Q1¥N￿fii5.
Pz8E 7

Sllffroll Wsldell Paroehial Chureb CouTrtil
NTrtes to the FIna￿Cial Statements
For the year ended 31 De¢ember 2025
l A¢coundllg Policks
*) ol prepArRtloo o(tlnaD¢l#l srgi¢meDtS* Tttollcll1211on wlth prevlow Generally A¢eept¢d Atcolla￿lI P￿CtIce
'rh¢ f1fi￿OiaI Sthl¢ments bave beenprcpar¢d undcrlbe luS￿riCal c051 convenliort wtth items recogAised ateostOT
trgm58cllonvaiue Unl￿ t)tberwisesIa￿d in ther¢Jevalll nrfsl 10 thes¢ a¢¢ourtts. The fDwi¢ial sthiemetsts have b
epgred tn aEcoidancewithAccouniin8 and Reporting by Chwiti¢s'. Staiemcntof Rc¢omm¢ndtd Practi¢e ISORPI applieabk
lo tharities p￿P1￿1n8 th¢ir llccounts in ac£ordanrc with the Financi￿ Rcporting SLw]dard applicllblB in the UK 3nd Republic
of treland ffRS 1021 (second ￿lti0D of the Chariti¢S SORP (FR51021 Octobet2019 elf¢clive l Jollufjry20191 aRd the FiDBttciai
R¢￿UlE Stllndllrd applicthlE the United alld Rcpvbli¢ ofhejand (FRS102X and the Chatili4S Ac12011.
Th¢PCC C(￿511¢￿1¢S 8 public 1￿C￿[cj}tity defiDEO byFRS JO2.
Ther¢ were 5i8nÉtsc4At e$liMa￿ orjyd8emeftts made by managem￿r in prep￿illg these rtnamcid $￿er￿￿Ls.
ThtTrusl¢es hav¢ reviewed the finHnciaip05ition of thccharity the impartof the roronavi￿5 pandejnic and have
aressonabl¢ ¢Xp¢cthtimth￿fhe Charity h&$ adequate r¢soutC¢5 to ¢orttinue iti opentioJJal existence forthefoiesce4bl¢
fuivr8. Accord￿81y. the f￿ancial $tst¢mettts ¢oniiAue 10 b¢ pt¢pared on the going con¢em basts.
b) ictouLtiDg-
¢n¢rd fimds iEPtesenl the Ojllds of the PCC tha¢ar¢notsubj¢ctio any restrictions r¢g3rdineLkniruse 8nd are availabl¢
forapplioation Dn the ￿Ther81 purposes ofrh¢PCC. Funds desiBn8ted fora particularpurp05¢ tythe PCCar¢ 8150 unre5tyided.
Rcstri¢trd reptcsent rE$ourtts ffceived tlloc4ied according to iimiiations on theIru￿s￿lf￿d by doAOYS or
other ptovidets.
Eodtswmont fvnd capital is ￿vested the income ari5ill8expEndEd ￿ accordaTrrewith the tenn50f the endowrnerrt.
The2c¢ourtts ill¢lud¢aU &5sets and liabditie5 formthith thePCC ts rtspDn5iblE. Theydo not includE the
a¢cowits ofchurch grnups that owe thew rRain affiliation lo anothErboOynor thD5c that Bathcrin8s of ChuictL
FuTlherd¢taiL8 of re5tricled alld ejLdowm￿f fvnds ate setoutillno* 8 to the ac¢c4mts.
t) ILitym¢ recognitioll-
¥ol¥nlfjry iN¢ome axdclwriiableoc¢ivilies
tncotne ￿ ECo￿LS￿d when th¢PCC hgs ttNirIffjKnt tothe fjJDth, it is probAbie thatthc incoTOe wiu b¢it¢¢ived
the UllDunt of in¢ortwr¢¢eivabk can be mwured reliably.
CoikctioD5 atFtrwwsed Wh￿ ￿1ved byor on beh￿r ofth¢PCC.
Planllcdgivitsg rcceivable underwft&id is rEco￿ls￿d only wh￿recei￿d.
llleomB t*tTecoverab]effleoveTransorgift doDatioTrs if recogwsedwhcllthE is TeC0￿U8ed.
Or8nis w thc PcCarellCco￿j￿Cd foi &$ 500n the PCC 1$ notiftcd of its Ic88i cnlidcmenrand thc amolinidu
t4acy iTrCOtDe is yetwused 00 a ¢a5e by ca5¢ basis bUowinB theBrantofpiobatewb2JJ theathni5tratorl£¥ecutor
fot Uje e$tatehas communic8tcd inwriting boththe amount and 5ettiementdate.
¥ncom¢ JBised fyotD fuodrtiSiDg events is a¢MUnt￿ for￿5 tothc overHlliocom¢l¢Y¢l or
th¢ PCC is ittduded within i￿ometroTh dwilable activiti&
Sa]¢5 of bookn Jnd rna83zioes from the Chvrdl books￿1 w¢ x¢ounl¢d for 8￿55.
olheropdl￿ryll￿oM0
REllial income from th¢l¢lliDg of thw¢h pTerni￿ i5 ￿£08￿jged￿hcll tPrt relltis due.
Pag¢ 8

Sxffron W*ldell Parochial Chwreh Coull¢il
Notes to tthe Finaneial Statements
For the year ended 31 DeE¢mber 2025
InGvnwfrom ltsyeslmews
TrtterQStoTr fijnds held on dep05jt is included when receivable and the a￿0￿￿1 c4n be mEHsured reliably bythePCC.
thls 15 norrnally uwnnotifIcaliOll of the intercstpaid or payabl¢ by bank.
Dlvideods ote tecogni8ed once the dividwd bc¢n decLved zrtifi¢8tionhas bt¢n tcctivd of1h¢di?jd&￿ due.
TLX recovErdbleim suEh irtcome i8 recoyjised on 8 fiscoj y¢ar basis.
Gojyis thdlo&tÈs0fv InvÈsimenis
Atl gain5 Jnd105sEswetskeD to thE SiatCOL¢nt of Ft&an¢iaJActivtiies 85 they Re￿I5¢d gain5 and I[￿SE5
ots invtttmeois arc ¢￿¢V18[¢￿ 8$ the difference betweBn sDles proceeds St￿ openiDgmarkeLv21ueloipurch
da* if laietl. Unreaii5L'd sai￿S 3nd105ses are c31culated a5 the ditTerence bEtwren tbe nwketv4iue 3ttheyeErend
and OP¢A¢D¥ market v31uE (or Purch￿ dale ￿later1. Reali5¢d uzttcaJi5rd and loss￿ arecojnbincd ￿ thE
Siatcjtteni of FinanctBiA¢iiviTie5.
O) Expenditure r￿￿E￿Ill•￿-
AJI cxp¢nditur¢ ts accounted foronHD 4Ktuals b&%is. It]#ovgTrble VAT i5 ￿]￿ed aB8ifLStthe ¢xpenditurc
Gron£F
Grani$ donwion4 areRccaunted forvthn p￿d over.orwhert aw*thd, if an award crEatEsabitLdu¥oblrBaliollon thE
Aciiviliei dirocily reloiing 10 lhe woTrktslihe cliurch
Charitable 2ctivitie5 include au costs that dire¢tlyFelate tolhe *nrk of the Church, th¢ltrdi*gruMin8La)sfs
and cosLs ofThaintenanee 8nd rep￿1. Svpportcosrs snd governm￿¢ costs llre de¢med io rejats directly to
the workofth¢ Lhurch.
TJKParish shar£ isaccounled forwhettpayxble Any shzre unp3td at31 Decembcr li pmyithd far ￿ th¢ as an
opcratic￿al(thQJgh nota legall lifbility and is Shou￿ as a cr¢diior tn th¢ b￿lACe strRet.
c031s
Fundrnising costs coJnprisE thc cos15 Ot￿rj￿]ng feiesand $8les hthl d￿r￿E >tar.
¢1 FiJod Avts-
co￿lec101e￿l￿￿ddKdb￿IIdI1j$ststtd￿0￿bJe churelJfyrAl&hAngJ
CoDs¢¢ratcd and beneficed property is axGludd from th¢ a¢counts bySc¢¢ion I￿2xa) of th¢Ch8tili¢S A¢t2011.
Novll]upi5 placed on mov¢abte church furnishings hEIO bythechurch wardens on 5pccial thJsE ts th¢ PCC and whiGh
sequ￿¢ afa¢uJty fordisw>sal since thEPCC considets this 10 be inajienable ptop¢rty. Al ¢xpLmdiiure UJ¢U￿r0 ￿￿1￿￿
theJEaroneimsecrJted or ben¢fic¢ boildiTrgs ano moveable chur¢h forn%hin* wthcthcr maintrnmccor Impmem￿l
Td[itt￿ off Is w¢ndiDJfc ill th¢ SOFA 8Jd 5ep8ra*ly di5cJosed.
Oiher loidopjdbulldings
Frcchold buildin¥. uth¢rthan ¢onscr¥8wd buildings, llre deptECigted ona strlliBhi1￿e b&si% over fjftyyeRrs.
Thegross book vduc is based on ￿ iu5uThDce valu￿]0￿ frotn L 1997 &8 adJ.￿*t¢d foTsub5equentadditionsst ¢0sL
Otherf￿[U￿s.t1IIJUgsOp1￿offICe equipmgrtl
Equip￿e￿ttssed within the thur¢h prni$￿ i5 deprcciBted &str￿ght1]lle b&%is over fthr)rEt
lrtdividu81 Il￿1$ of ¢quipm¢Atwith 8purchw wite of£2.5(N> orless are wilieo off whell tl* ￿Sel is atqDtred.
JnveMmenlJ
]nvtsiJncnts art aforni of basic fmHDCj￿ and tTe irtitiÈUy tecwtsed at the￿ transarlrort VllluE alld
subsequthdy measured aE their value 31 Dec*nbei u$uJg thec105ing marktl prite. Thesia(em¢nt
of financ&al a￿lvitieS include5 thencl 8ain5 ￿ lossts ari9th8onrevahJatity) d￿¥￿)$311 th1ov8￿t the yexr.
P4ge9

S9ffroJJ Walden ParochiAI Church Coullc
Noles to th¢ Fi￿2￿ClAI Statements
For the yeAr ettded 31 Deeember 2(125
l ActowktiDgPu]itie3 Icolltillued)
Amounts 0￿￿g ro thE PCC llt31 J)ecember iry R5peclof ftt5. TCDtsorothcr in¢omt atc shovm as debtors less pmvi5ion
ror4m￿ts thaLJn&y provtun￿lIthb1e.
Cqsh ot bfjpkqftLlshortlÉrm dep05ilS
C45h at b￿3nd iJ3 hand includes cash lieid on d¢p05iteith¢rivith CBfchurth of Engl￿d Fundsorallhe b
Isshon *Jm higWy liqu¥d inveslments with a$hortJ081urityof thr￿ months or from thE date of Iwuisition or
openin8 of the deptrstt OFSitlldar ac¢¢yJnr.
Liabilitie5 Bre Rcognised ￿ expenditure 55 souu thBfe rsHleEaior CO￿trU¢(1V¢Ob]igatioll GQllllllilting the PCC
to thattxpendLDJie, ii is probable thatseiiJcm¢niwill bcr¢quir¢d and Ihe amount of thE0bli83u¢￿ £8m bc Lncasured reJi8bly.
Th¢PCC only hns finyBciDI 3$5cts l¥abilili¢5 ofakind thai qvalify 88 btsi¢ fillall¢iol in5trument& Ba51
fin￿¢1￿ instnJmeAts aw ￿luallYIE¢0gnlSed ai rf8nsa¢tion valuc and $ubsequcnilyme&sured llitheir seldemcntvaiue.
Page 10

Saffron Wald¢n Parochial Church Counc
Notes to the Fin#ncig1 &8t¢mont5
For the year ended 31 Deccmb¢r 21125
Reslritltd
R¢$lri¢l¢d
lad
Unrc¥trittcd Endowffjent
Funds
F¥Dds
2 lueoJlle& Elldowments
Total
Fund¢
2025
Total
Funds
21124
Vllrt$triettd Enth)wment
ruud5
Note
2a Donidow and Leg4¢1
Planned giving..
Taxeffi¢ieTrt plonncd givin8
Taxr¢wv¢rcd Uwou8lJ fjiftAid
Olh¢T p18nn¢d giving
Collections IDpeJi ￿ath) atojl servlces
Othcr Don&llOnS
fjrJnt5
Le8acic%
141.245
38.760
6,595
7.976
25.717
610
141,855
3&760
6.595
11.474
87,576
53,000
133,308
36259
,435
134.743
36.259
7.854
14.226
80.920
2.25
37.717
313.969
3,49S
61.859
53,000
9.881
17.409
2250
4,345
63,511
220,293
967
339 260
21kS,961
107.008
2b I￿tIme frorn tharitsble Itilwllles
Fet¢s. bazaars. (¢h¢rfundni5sng ¢v¢nls
Carts and guid
M£gaz￿es
(Liiings
F¢es
Parish olf1￿. printingjnd stattontsy
6.457
7.367
13.824
482
1.801
9.813
10.030
203
J6.153
7284
610
1202
9298
9,011
439
27.844
9.916
17.200
1.801
9,813
10.030
203
28.786
1.202
9,298
9.011
439
>7.760
7.367
2t lllvtythelltincomt
Dividends and Tnter¢st incloding
any rcclainied
Rent ieieived
17.945
10.080
28.025
11471
30.416
9.794
10.080
19.874
11.436
21.230
10.080
31.310
12.47L
40.496
11.436
Id OTbEr Ineome
COn￿buti￿ to cl¢rgy eXPBWS
m￿Cell￿¢1}us
2.557
2.557
25.889
25.889
28.446
28.446
9,288
9.288
4.686
Tothl lll¢offj¢ & EDdoiFmellts
279.661
164.694
259.365
132,962
392.327
P4BeLI

Saffron Walden farochial Church Council
Notes to the Finaneial Statements
For the year cnded 31 D¢cemb¢r 21llS
Re9trit(ed
R¢stritted
3 Ixptttdiiiirt
Tolal
FuNd¥
2025
Tfj*AI
UThrulrickd ETrdowmtnt
FuDds
Fu￿d5
Vnre5tric*cd EThdowmeTht
N¢)tt
2024
3a Grants
Mi5510n￿Oryd tharitttblewiLg'.
Chll￿￿ Ov#Se￿..
-mi$5ion8ry societies
Home rnis570ns a￿d￿ther
Church SoriEIics
SewlaT¢h*ili
3J41
3.341
3.664
3.664
550
2.79x1
6.681
617
I,l67
5.671
10.179
1200
2J32
3532
5.648
12,844
3,498
8.130
4.714
3b Activlties dlretllyrelallng to theiyork of tbo Chllrc
Parish sharc
3d
123,525
Clew expe￿¢9
27,664
Curdl¢ t￿)￿ cxprnses
12,049
Church Nnoitigexpen5eS
20.051
Church maintcnancc
9,854
Mainl<llun¢e- oth¢rpropeni¢5
R¢ciorymainienan¢c
Upketp ofxrviccs
Litciaturt iablc purch￿$ and
Pftishma8azin¢ c05rs
TrwniJ)& o￿tre￿h, et¢
Par&sh rwtns Eunning expens¢5
Pari511 TWrnS refurbishment
orgEnist￿ chorislw5 pay
Youth w>rk exwses
Church m2jor work5
PrintTng Ind Smlionryy
CopyTight fc¢
Offic¢ cxpcnses and cquipment
Mi5GelI3￿US
Piofcssional fws
IndepeDdeni ¢x2miTrWion fre
Bnnk ¢hug¢s
Depreciation
123,525
27.664
12.049
20.051
35.868
17,674
110.722
20,507
20,507
610
19.115
26.999
1,671
26,014
17.674
3,694
23,305
1,671
2,348
2348
1232
1.232
1.974
1,479
9.038
1.974
1,479
9,038
1.583
357
7273
1.583
357
7.273
25.132
10.654
533
364
169.831
25.665
5513
1,853
14,844
29.626
31.440
14.844
2.363
iJ09
.932
7,530
907
1.870
29,587
169.831
3,500
1282
1.855
9.373
378
3,500
1.282
1.855
6.031
37$
2,363
1,309
1,932
3,926
907
1.870
213
LO,887
241200
3,342
3,604
206
lQ,887
269.951
205
102
10,887
487.914
10.887
293,092
217.963
50.892
3e Fundraisln¢
C051 of fijndraising ¢vents
403
403
4.836
4.836
419
419
7.109
7.109
4.433
6,690
Totsi Exptttdirnre
277.035
225.894
502.929
250749
62,296
323,045
3d Con￿￿UL10n5 wwards the Parish Shar¢ in 3b xbovt froth Si Jomes Sewards End fjnd 5tJthn% Little W8lden 8mounted
10 £4,074 Q024.. £4.0501 and £326412024.. £3,245) respectivcly.
Pg8¢ 12

S8ffroll W#tdeD Parothial Cbureh Coun¢il
No¢es lo the FIna￿ClaI StateThent5
For the yesr ellded 31 December 2025
4 SIAifcosts. Key MaTr4g¢mtTrt PcrsonTrtl Ind Trwsttty, R£mu￿tratIOll Kxp¢nJ
2025
WBges and Salari
Social sc￿rI￿ costs (JKI of Crnployrnent ￿lOW3￿￿Of£4,1S4<2O24.. £4,185)
Pcnsion o)5ts
57214
71.578
2.147
59,361
2.900
74,478
Duringtheyearthe PCC employcd # dirc¢tor of orgÈnts( yollth worker. parish sdrnilli*rntor, 8SSOCiatc8dminislrattY.
Mrddiny cOordir￿tOrZDd a cleaner. tuinc of iwtsotn eatnd £60,1IJO ormot¢. The ay￿age nU￿be10£ eJzJployecs throDghoutthe
year w&s 612024.. 6), equaiingto 8 full tim¢equiv8lcnt of 2.2 (2024.. 16). Yhc following memt*tsof th¢ PCC were pid the
f0lknvinBa[DNJ￿ during the year.
Mro Kin& direclorof rnu5i¢ lincJudiTrg cmployerrthsioft £794 Qff24. £771}
Mrm ￿￿￿￿at￿50[4 youth wwk¢t{in¢luding employ¢rp¢nsion £0 0024.. £1,165)
IMT Williafflson up 10 30 S¢pi¢mbcr20241
Apart from the abov¢ no othcrPCC member received ￿MUneratIon or othcrbBnefit
18.439
17.900
27,060
According tothe Chayiry Commis$ion¥ Guidon￿ on onwoying a trusl¢t, th￿¢ is no objection to Someone is alr
an employeeof the PCC tttomtn8on¢ of IL5 trU5t¢¢s Ill the wcof Mr Kin& he an employc¢ofthc PCC b¢for¢ h¢
w&s wbse4weDtIy iDVited to becoDLE a Tw5tee.
r￿ring Ib¢year, the fvll ¢ostof•mplwr5 ￿￿rance contribuliolls. IKfO￿eJDpKo￿￿nt8[l01￿￿ 4mount¢d
10 £4.185 {2024.. £4,185).
Thc PCC¢onsiJ¢r5 all ITU51¢e5 to be ils key Mi￿gementpeTs0n￿d and forthose who %%trc a S￿￿rythe1rT¢1llUntrSt1QTr IgTOSS
WaE¢S and ernplo)w pen5ionl 15 ￿ above.
3 Flxtd Assets ror v9e by the PCC
SE T4nwb]e fixrd issets
Freehold lan
aDd buildill
fjross bry>kval￿ at bE81[L￿]ng4lldC￿d Dfycar
AdditiensllTh5pOs￿$}
Cross bLK>kvaIuc * end oty
601 J88
601J88
Ac¢umulaitd depreciouon 8( begInn￿g ofyezT
D¢pre¢tiiion charg¢ forth¢ y¢8r
A¢¢vmulawd d¢prociation at end of
296,436
307)
Netbook valuB end of yC3T
Nctbuok vdu¢ at beginning ofyear
294,065
304.952
Th¢fr¢ehdd Ipnd buildiw co[DPri￿ theParish Ro(xtt% the Vry's Cott*¢ alld 42 IkWwierAvenu< Safftorlwdden.
Thegross book v8luc ts bwd on tbovaluc c5Éimal¢d by tbe PCC zs al t Jlllluory 1997 forinstJrBn¢e putposEs or Eosiof
additions ifaftcr that dato
Past 13

SaffTOJt W*lden PArnehial Chureb Coulle
Notes to the FIN8￿¢1￿[ Stgtements
For the
egr ended 31 Detember 2025
5b InvistmEwIJ
M8rk¢tvalu¢otb¢giwiinB ofyc
Add". tcquisilions It ¢ost
LEs$.' disp05ats st op¢ningowk¢tv
Add.. ifflcom¢ reinv¢51¢d
Ner8aillslllosse51 orj Teva]vatiixL at the end of thgJEar
Markci Y￿lle &t￿d ofy¢tr.dctailed klow
123,781
IY.700
320
355
2.726
12423J
MarkelV8lue
2024
CBFCh￿Tcl1 OfEDg1a￿j InYtsthiEntFund$ and Depxtts
124233
128.781
128781
All ￿yest[DEnts￿rc carried attheirfairv8Jue. The basis of fair value for¢quities4ndCBF ]nVes￿¢￿tFullth i% equivalent to
th¢midTnatk¢t valu¢ ot clost ofbusiness on 31 Dec¢mber ye4r.
Th¢$i￿lfi¢￿te0rI7￿0nC1tl inS(rUn￿ ￿th¢OnE01n8 financi￿ 5UStainabilityof th¢ ¢harity i5 ¢owid¢rd in th¢ fin8n¢ial
icwand inv¢8tmeTht polt¢y sectton50fth¢ TA￿tt￿Al￿VIt Rer
6 Dt*lO
2025
21124
Inc4Nne ￿T￿)V￿abl
Ot
7,867
9.392
5J12
14,704
8,856
7 LIAblllttu: knoullts fallillg due wlthlTr f*ne ye4r
2024
Crtdit4)rs Bccruals
Defertd in¢otnelse¢ below)
31.807
Jio
35.981
97
32.317
36.951
D￿erred
Deferred incffflc a¢ beginninsof yraT
IkfetTa llL¢oJlle duritigth¢year Inwin¢adYertisin8)
R¢l¢as¢d from pr¢vious ye4r
Defe￿d ￿)Ille atend of year
970
510
970
510
700
970
700
970
Pw14

Saffron Walden Plrocbial Church Coun¢il
Note5 to the Flnanelal Stst¢ment$
For the year thded 31 December 2025
8 Re¥tricted Hnd EttdowmetttFulld•
Tranjfers
between
fBDdJ
Optnimg
BalaB¢e
IDveslmeni
G*th$
C1051Thg
BalgDet
C•rTrntYe8r
ID¢ome
E￿NdI￿Jrt
FabttG FthLd
Fund-Tran51tion ProieL*
- Special ColkElion
Restoi8tion Fund
St MarfsMv5i¢A550ci*on
Cyril Co¢ M¢m¢)rial P￿d
Building5 DEvclopm¢nt FuDd
Littl¢ w￿d¢￿- Camp404
Sew2rts EDd- Youth FuDd
Special Colkttion5
Endow7n¢nt FllDd5
243.054
145305
(213.6221
(2,425)
172J12
3.498
{3.4981
30.n2
19J29
437
69.540
595
1.754
31.813
24.124
302
71J03
11.860
610
1,763
17.0651
17451
I6￿}
(364)
lJ62
12.337
377 768
320
(212
12.445
313.931
Transfev
beffteD
f¥nd8
OpEBiDg
B&laK
Jllvt$tsiellt
Glin5
Prlor Yur
Expendi￿rt
Balin¢¢
Fabri¢ F￿nd
(kneral Fund-TT2nsilioo Pmietr
- Speual Coll¢¢lio
Ke5tontson Fund
St Matys Musle ￿￿o¢latIon
Cyril Co¢M¢mthi8J Fund
Building5 D¢v¢lopmut Fund
Littl¢ Wdden. Carnp404
5¢ward5 End- Youih Fund
- Sp¢¢ial Collection5
Endo%¥rn¢nt Fund5
173.510
IQ8,108
(39.922)
1.358
243,054
4.345
1.308
{4J45}
29.414
20.541
1.419
67.756
495
627
30.722
l9,329
437
69.540
595
1.754
{13283}
12.4241
1.442
1,784
loo
198
378
355
131971
111531
(3781
12,337
377.768
305.625
162,305
Th¢ Ffibric FuDd isrestric*d for exp¢nditureon tDR1Dtllilli￿ tepairio8*)d improving all th¢ SWPCC
pro￿5¢$. th¢ ch¥r¢h. theparish [￿)rn$ lexteTnal fabTi¢I. the vtr*s cotllgc and th¢Cwate5 H(¥￿.
The Rest￿8(70n Fund is rtstrictrd form4ior Gapital cxpBnditur¢ for Èxampl¢- (h¢ ruton¢ion oftht rOofofth¢¢hu￿h.
Th¢ tsuildinES D¢v¢lopm¢nl Fund w&% l*n¢hed i# late 2013 to finanG¢ t￿ int¢rng1 smprovemtnt5 tothE ¢hur¢h and
parish identified inthe staieJJwJtof need$viath¢ Bvi](Jiw tkvelopffletttPtoie¢t.
9 Unr£¥trltled Funds
Tra￿$re￿
berneen
roD
OpenlDg
Bal•ll
CurreDI Ye4r
lThcome
EApetyJitirt
B¥l*Dt¢
St G¢nerdl Fund
StJohn's- Lilde Wzlde
StJsnKs-Sewards E*d
Re¥du￿￿ll Rcscrvc Isec JK>te bdowl
348.947
20J97
26.871
193.929
590,144
251.255
15,360
12,1)44
1245,3781
115,8021
17.7661
18,0871
277.033
(2,2311
35J.593
19,955
31,149
185,842
590.539
279 659
231
TraDsf¢
b¢tw¢t
Opcnillg
Investmeni
Cltssi
BaiHBre
PriorY￿r
Income
Exp¢Ddltur¢
Stmgrfs fjeneralFund
St John%- Littlc Waldcn
St James- Sewards Eod
Revaluation R¢s¢ry¢15¢e not¢FKlowl
335.708
19.572
22.983
202016
234,791
12,738
11,835
12218011
1249
348.947
20J97
26,871
17.9471
8.087
250,7481
259.364
1249
590,144
The R¢vaiuaiionReserv¢ r¢prw¢nts thE aDOUtrtbywhieh ItL¢PCC's Iqnd promy ha5 b¢en less depjeoiaiio
Pog¢ 15

SaffroD Walden Paro¢hial Church Council
Notes to tlte Finafjeial Ststements
For the
eir ended 31 December 21J25
10 AD8Iysis DfNetAsyets by Fulld
Rtttri¢trd
Restr￿led
And
Vrtre9tritied Ejbdowrne￿t
Fllryd$
Funds
Toflll
Totsl
resiricieo Endowmenl
F￿ndS
Fuod5
2025
2024
Fix¢d a8SdS
Current 85s¢ts
CutTenlliabiJilic$
Fund b￿llnc¢
347.615
271,985
(29,0611
590.539
70.683
246.504
13,2561
313.931
418.298
518,489
132.3171
904.470
360,733
265.815
36,4041
590 144
73,0Th)
305.315
1547)
377 768
433.733
571,130
136,9511
967.912
The TeslrKled Bnd endOw￿￿t W*PTise the Fabric Fund. Rcstornlion Fund. Cyril Ctt Mcm0ri21 Fund.
St Marys Musi¢Asso¢ithion. Kgtri¢tedcolleclions and endoW￿ent fuud5. The endownklll knd5 tomwxst
m*sc¢llawus twsi fuThd5 and incllldc ull5pcnl incoThc arTh)untiNg 10 £6.41912024.. £6.099}
11 Gr*nts
Durin¥th¢ y¢r thE PCC m*de the followin8charilabl¢ grJnts.'
2025
2024
SIM￿$ S¢hool Saffron W￿d¢n
Wycliff¢ Bibl¢ Trnn51llioTS
Jimmvs NiBhtShelter
RO￿ British L¢Bion
ChJdr¢o'5 Society Ichrislingle colkrliDts)
EaStA￿liA,$ Children's Hospsc¢$
S#ffroTL IVaidÈN Mayo¢s ch8rilies (IJwi5lmJsTTe¢5rrvi￿ wlkElioii¥)
Fri¢nds of E55ex Churches
NatiollalChurch¢s Twsi
LMK Ipr¢viowly ￿lI¢1j ESM Clergy Charity)
Uttksford FoDdbank
I,5￿)
2,400
457
I,￿0
2,400
$248
523
387
1,83Q
250
100
250
150
617
563
154
In llddition to thc￿ts 8bov¢, mad¢ by St Marf5 Saffron Wglden. 8riniq were mide byst Jow'S¢war4ts End and
SiJohn's Little W￿den of £786 (2024.. £13191 £1,539 (2024.. £2,591) respc¢tively.
The￿ weteao8taDts msde b) individuBls durillgthey￿.
12 DOnztiO￿9 ￿9d¢ by tbt trwsftes to thc PCC
Ourillg thtsyw, th¢t￿slee5 mad< uncoThSiiional donalions wncunting to£79.475 whi¢h in¢lud¢5 £15.895 of lax
T¢4meFed 8ift8td (2034.. £81.259 ¢nclvdinB £16251 of t&xfttovcted Ibrough 8itlaidl.
no reigtcd pnrtyT[aAsaCuo￿ dulM￿ th¢yeerthat requwerewtills.
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