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2025-12-31-accounts

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS', SIDMOUTH.

Reports & Accounts

Financial Year Ending 31/12/2025

Contents

Legal & Administrative Details Trustees Report Independent Examiners Report Statement of Financial Activities Statement of Financial Position Notes - Accounting Policies Notes - Analysis of Income & Expenditure Notes - Analysis of Net Assets Between Funds Notes - Other

Created using ExpensePlus

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Legal & Administrative Details

Charity Name: THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS', SIDMOUTH.

Charity Number:

1128968

Charity Address: All Saints Church All Saints Road Sidmouth EX10 8SS

Trustees:

Rev David Caporn

Rev Sarah Alexandra Rock-Evans

Kirsty Hammond

Philip Cranch

Susan Mary Gregory

Stephen Maycock (Appointed 06/05/2025)

John Hammond

Marcia Joy Bastin

Ian Mackie

John Albert Lewis Russell

Maureen Morrell

Ken Nelhams

Philip Whitlock

Dr Richard Burn Davis (Appointed 06/05/2025) Peter William Scott (Appointed 06/05/2025)

Kieth Robert Sparks (Appointed 06/05/2025)

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Key Management Vicar Personnel: Revd David Caporn Chairman Curate Revd Sarah Rock-Evans from June 2024 Principal Officers Mr Stephen Maycock Churchwarden Mrs Susan Gregory Churchwarden Mr John Russell Treasurer Mr Phil Cranch Lay Vice-Chairman Deanery Synod Representatives Mrs Marcia Bastin Elected to 2026 Mr Phil Cranch Elected to 2026 Mrs Kirsty Hammond Elected to 2026 Mr Richard Davis Elected to 2026 Elected Members Mrs Mary Parkes Resigned March 2025 Mr Geoff Purkiss Resigned March 2025 Mr Ian Mackie Elected to 2026 Mr John Hammond Elected to 2027 Ms Maureen Morrell Elected to 2027 Mr Ken Nelhams Elected to 2027 Mr Phil Whitlock Elected to 2027 Mr Peter Scott Elected to 2028 Mr Kieth Sparks Elected to 2028 Name & Address of HSBC Primary Banker: 250-251 High Street Exeter Devon EX4 3PZ Independent Lentells Limited Examiner: 50 Fore Street, Seaton Devon EX12 2AD

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Trustees Report

Objects of the charity

The PCC is committed to enabling as many people as possible to worship at All Saints' church and to become part of our community. The PCC maintains an overview of our worship and other activities and is mindful of the need to include as many people as possible from our town in our activities.

It is a specific aim of our various styles of services to provide an accessible form of worship for those new to, or returning to, an active Christian faith. To facilitate this work it is important that we maintain and develop the fabric of the premises of All Saints' church and the other buildings on site to the highest standards.

Summary of the charity's main activities and achievements

To further the above objects and vision, the charity’s main activities and achievements were as follows:

Our pattern of Sunday services has remained unchanged throughout the year, and it has been a joy to welcome new people to both our Sunday services.

Our 10:30am Morning Worship service includes age-appropriate groups for children and is followed by refreshments. We celebrate Holy Communion at this service on 3rd Sunday of each month. Average attendance at 10:30 services during October 2025 was 127 adults (111 in 2024) and 16 U16s (16 in 2024).

Our 4:00pm Evening Worship service is attended by an average of 40 adults (35 in 2024) each week. The service is followed by refreshments in the hall. We celebrate Holy Communion on 1st Sunday of each month.

The 7 O’clock is our evening service held on the 2nd Sunday monthly at 7:00 pm which provides opportunity for more contemporary worship and a varied programme with a younger congregation. 3 U16s and 24 adults attended this service in October (5 U16s and 31 adults in 2024). Both the 10:30am and 4:00pm Sunday services are live-streamed, and a recording is linked to the website. Many of our congregation, unable to attend church regularly, watch a service online as do residents in several of our local residential homes.

Bible teaching is a core part of our Sunday services. During 2025 sermon series have included a series on Anxiety, Jesus “I Am” … sayings, Unlikely Heroines, and Radical news – Radical life. Our Advent series was entitled ‘Mystery made known’.

The 10:30am services during August were designed to be all-age and followed the theme of The Lord’s Prayer. Some other Sunday services had a particular focus, for example, The Leprosy Mission on 12 January, CMS with Alison Giblett on 2 February and SWYM with Paul Friend on 7 December. We were pleased to have Bishop Alf Cooper to preach on 22 June.

We were privileged to have Bishop Nick McKinnel come and take a Confirmation Service on Tuesday 7 October, at which 1 person was baptised and 5 confirmed.

We rely completely on our teams of committed volunteers to make all our services and events in church possible. From stewarding the car park, arranging the flowers, reading the Bible, welcoming

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on the door, to providing refreshments, up to 50 volunteers give their time willingly to enable our Sunday services to take place each week. All our other events during the week also call upon church members and others who give their time and energy freely and regularly to make these happen. We are very thankful for all who give so much in this way.

We continue to be blessed by our group of gifted musicians and singers under our Director of Music, Jill Capron, very able leadership as they serve at each Sunday service and on other occasions. We are thankful, also, to Susan Gregory and John Hammond for assisting in this leadership role.

Kirsty Hammond, with the support of volunteers, continues to hold Sunday evening youth groups for older children and youth.

Jill Caporn leads the monthly youth Bible study group, ‘Cornerstone’ and ROC, which supports the development of youth musicians and singers and feeds into our 7 o'clock service.

Our homegroups continue to be a crucial means of Bible study and fellowship whereby members of the congregation ‘look out’ for each other and encourage and support one another. We are thankful to Helen Nelhams for fulfilling the role of Lifegroups Coordinator. Helen hosted a Lifegroups Leaders thank-you brunch in March. Jill Caporn continues to lead our Ladies Bible Study Group on Monday mornings. The Welcome Team led by Susan Gregory, Jayne Norton and Tony Vosper continue to strive to improve the welcome and inclusion of new people into the church family. 31 new people signed up on ChurchSuite throughout the year. Our monthly Tuesday Prayer & Praise meetings and Saturday Prayer Meetings continued throughout the year in church with some encouraging attendances. We are grateful to Malcolm Crabtree for leading the Hall Redevelopment Project since its inception, and this role has now been taken over by John Belton and Stephen Maycock. We hope that in Spring 2026 we shall be able to evaluate several tenders to carry out the work. In the meantime, Susan Gregory and her team have arranged a variety of successful fund-raising events, including a Talent Show, cake sales, craft sales, a Barn Dance and an Art Exhibition. The total amount raised at all fundraising events for the Hall Redevelopment Project was £4,521.

The recommendations contained within the latest quinquennial inspection report of work that needs to be done on the premises continue to be progressed according to a plan agreed by the PCC.

Under the direction of Jon Brown, contractors upgraded the OSB heating system and its controls to enable the system to be operated efficiently in line with room bookings.

In September, the PCC approved a proposal to engage additional resources for Children's, Youth & Families Ministry. Working through SWYM we hope to be able identify and recruit a suitable trainee to commence with us in September 2026.

This list summarises the events and activities that have taken place during the year as part of the ministry of All Saints’:

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We held 4 Christmas events in church; Carols in the Car Park on 29 November, a Christingle event on 6 December attended by 43 adults and 27 children, a Carol Service on 19 December attended by 106 adults and 4 children (130 & 12 in 2024), and the church was packed with 137 adults and 54 children for the Nativity service on Christmas Eve, (121 & 65 in 2024). A total of 150 adults and 20 children attended our two services on Christmas Day (132 & 17 in 2024). We hosted a Carol Service for Sidmouth & District WI groups in church on 5 December.

Our regular summer event - EPIC camp was held over the weekend of 19-20 July and a Folk Festival service in Connaught Gardens which raised more than £503 (£454 in 2024) for ‘Gateway’, the local charity supporting the homeless. Our two men’s walking groups continue to meet monthly, with one of the groups intentionally for those who need some extra support. The women’s walking group also meets regularly.

Following the refurbishment of the OSB kitchen and redecoration of the main room, our new Community Café opened its doors in the OSB for the first time in September under the leadership of Angela Slade. This weekly event has been well-attended, particularly by folk not connected to All Saints.

Men’s Breakfast continued monthly throughout the year enabled by a small team ably led by Chas Heil. Up to 40 men attended each event on the 3[rd] Saturday of the month.

The Creation Care Group, under the leadership of Malcolm Crabtree, is still progressing with a Carbon Audit and Reduction plan and an application for a Carbon Action Fund (CAF) and Matched funding Grant under the scheme being promoted by EDDC for Green projects for Businesses and Communities in East Devon.

We continue to support Sidmouth Primary School and Sidmouth College through our partnership with ‘Transforming Lives for Good’. (TLG is a Christian charity that helps churches to bring hope and a future for struggling children). Hannah Boyd serves as our Coordinator to provide support to our team of trained volunteers.

Our team continue to provide weekly assemblies in Sidmouth and Sidbury Primary schools.

We rely heavily on Martin Allen, Jon Brown, Allan Ginman and Simon Gregory for their technical expertise in several areas and are thankful for their work on our behalf.

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The Pastoral Care Team, under the leadership of the Vicar, reached out to many members of our congregation and beyond, particularly those who were identified as being ‘not in touch’ through other events or activities.

Jane Detrey and Carole Hawkins continue with their valuable ministry of holding services and taking holy communion in local residential homes, which is greatly appreciated by the residents.

Sadly, several of our members and others connected with the church, died during the year; our Clergy team (including retired Clergy with Permission to Officiate) conducted 2 funeral services in church (6 in 2024) and 12 funeral services (2 in 2024) in local crematoria, churchyards or cemeteries. There were no wedding services (1 in 2024) held in church.

We are grateful to Candy and David Owens, Jeff Stafford and Jerome Hagan for maintaining the church gardens and to Revd Robert Mulford for maintaining the grass and hedges.

From 3-7 March, All Saints hosted the Keswick in Devon Bible Convention, which was well attended, not only by local Christians but many from a wide area. A Keswick in Devon committee, reporting to the PCC, is responsible for organising the convention, which is planned to take place again from 2-6 March 2026.

We maintained regular contact with our mission partners and organisations, including:

Our financial support for our mission partners and organisations amounted to £17,726 in 2025 (£17,210 in 2024).

In support of the work of Christian Response to Eastern Europe (CR2EE), through the generosity of church members, their families and other individuals, and through our group of dedicated knitters and crocheters, we collected enough resources to fill more than 200 Christmas shoe boxes and several bags of warm, winter clothing and blankets.

Many members of the town community benefit from the use of our premises through the various groups which hire them. There were 604 bookings in 2025 (583 in 2024) for external events on the premises; some events used multiple resources.

We continued an arrangement with Sidmouth Victoria Hospital, Culver House, Sidmouth Primary School and Rose Lawn Care Home that they could use the premises as an evacuation centre in the event of a serious incident at their own premises.

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Under the editorship of Lena Welch, we continued to produce and distribute 100 copies of a monthly church magazine which includes the Diocesan News and Prayer Diary. Our weekly printed news sheet and email continue to provide information on Sunday services and on the week’s activities.

We continued to make extensive use of ‘ChurchSuite’ a church management system, and its member-facing facility ‘MyChurchSuite’, as a means of improving communication and data management. All data held within this system is compliant with the latest GDPR legislation. We produced and distributed 2 editions of our Term Card, outlining the subjects for Sunday services and listing our mission partners.

In planning the activities, the trustees have applied the guidance on public benefit issued by the Charity Commission.

Structure, Governance and Management

All Saints' Church is a partner church in the Sid Valley Mission Community in the Diocese of Exeter. It was built in 1837 and developed an evangelical tradition to which it remains committed. Its parish is limited to the area around the church and the Vicarage. It joined the Sid Valley Team Ministry in 1997 and is a member of The Evangelical Alliance. All Saints’ historic patron is CPAS (Church Pastoral Aid Society) who are part of the Patronage Board responsible for appointing the Team Rector and Team Vicars in the Sid Valley Mission Community. All Saints’ is committed to the truths of Christianity as contained in the CPAS Statement of Faith. The PCC has endorsed the Church of England Evangelical Council Basis of Faith and additional declarations.

The day-to-day management of the church is the responsibility of the Vicar in consultation, where appropriate, with the churchwardens.

The PCC has the responsibility of co-operating with the Vicar in promoting the whole mission and ministry of the church, in all its aspects of worship, discipleship, outreach, care and stewardship, within the context of the Sid Valley Mission Community and in co-operation with other Christian churches. It also has responsibility for the maintenance of the buildings on the site. PCC members are Trustees under the Charities Act 2011.

The method of appointment of PCC members is set out in the Church Representation Rules 2022. All those who have attended the Church for six months are encouraged to register on the Electoral Roll and stand for election to the PCC. Each elected member is invited to serve a three-year term, after which time they may offer themselves for re-election. Election takes place at the Annual Parochial Church Meeting (APCM) in April/May. The 2025 APCM was held on 21 April, in church, with 80 members present (98 in 2024) and 37 members (55 in 2024) submitting their apologies. A resolution was passed at the APCM to maintain a limit of 12 electable posts on the PCC regardless of the number on the Electoral Roll.

The PCC met 6 times during the year, in person, in church. The newly elected PCC met briefly after the APCM in May to elect Principal Officers. All meetings were conducted in accordance with the Church Representation Rules. Minutes of the meetings are available for members to read on MyChurchSuite or in the church office. We are grateful to Rebecca Field (Operations Manager) for taking on the role of Secretary to the PCC.

The members of the Standing Committee, elected by the PCC - the Vicar (Chairman), the Curate, the Churchwardens, the Treasurer, the Secretary, Jill Caporn (Director of Music), Phil Cranch

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(PCC Vice-Chairman) and Kirsty Hammond (Children’s and Youth Minister) - met in February, June and October to consider matters of an urgent nature and to review certain areas of operations. Each member of the Standing Committee acts as the lead on one area of the church activities, and any decisions taken by the Standing Committee are later ratified at a meeting of the PCC.

The PCC continued to be aware of its responsibilities for the Health and Safety of all those who worship at All Saints’ and those who visit our premises for other events. We are thankful that John Belton continues as our Health and Safety Officer and manages the maintenance of our buildings. There is a team of volunteers, under the leadership of Malcolm Crabtree, who undertake decorating jobs and small maintenance items. Contractors are engaged for more substantial work. Health and Safety is a permanent item on each PCC meeting agenda. The PCC’s Health and Safety policy is reviewed annually.

The PCC takes very seriously its responsibility for safeguarding all children and vulnerable adults who are in any way part of our community. Safeguarding is a permanent item on each PCC meeting agenda. The Safeguarding Action Plan was last reviewed in November 2025.The Safeguarding Team, which met 4 times during the year, consists of the following members:

Tracey Tipton delivered two face-to-face Basic & Foundation level training sessions during 2025, which were open to members of all Sid Valley Mission Community (SVMC) churches and well attended. The PCC are grateful to Tracey for providing on-site, face-to face safeguarding training.

The PCC remains committed wholeheartedly to supporting our Vicar, Revd David Caporn, and his family in his roles as Vicar of All Saints and St Mary & St Peter Salcombe Regis, Team Rector of the SVMC and Rural Dean for the Ottery Deaney.

Revd Sarah Rock-Evans continued to serve as our curate at All Saints and St Mary & St Peter Salcombe Regis and has the full support of our PCC.

The PCC held an away-day on Saturday 1 November, which was well attended and provided an opportunity for open discussion and prayer. We were grateful for the hospitality provided by Margit and Michael Mortensen.

In September, PCC considered a proposal from the diocese for the restructuring of the Sid Valley Team Ministry. Following David Caporn’s assertion that it would put All Saints in a stronger position regarding the appointment of clergy in future, the proposal was accepted.

The PCC received regular reports on the meetings of Ottery Deanery Synod.

The PCC continues to follow closely the situation within the Church of England regarding standalone services of blessing for same sex couples, and the permission to allow clergy to enter same-sex civil marriages. The PCC has not changed its position on holding to the historic doctrine of the Church of England on these issues and wholeheartedly supports our Vicar in his decision

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not to use the Prayers of Love and Faith. The PCC continues to correspond and enjoy a good relationship with the Diocese and other churches.

Several members of the PCC and other church members attended meetings of the Devon Diocesan Evangelical Fellowship throughout the year.

Kirsty Hammond continued to work as the SVMC Youth and Children's Minister based at All Saints. Kirsty’s work is line-managed by the Vicar. The parish of Sidbury with Sidford has ceased contributing to the cost of Kirsty’s employment.

We were delighted to welcome Rebecca Field to the staff team as Operations Manager in January. Rebecca brings a wealth of relevant experience to the team.

In addition, we employ the following staff:

The Finance and Administration teams jointly continued to be responsible for the financial management of all weddings and funerals involving the SVMC clergy across the 6 churches, thereby ensuring accurate and consistent charges and timely disbursement of fees received to clergy and PCCs.

The church is greatly indebted to our finance team for their diligent management of our church finances. The team consists of the following members:

Financial Review

Unrestricted and Restricted Funds.

All income and expenditure have been included in the accounts, whether it was received and expended for general or restricted funds. Money which has been raised on behalf of an organisation and paid directly to them has not been included. Agency work undertaken on behalf of the SVMC has not been included.

Total funds amount to £297,393k of which £9,767k are in an endowment fund (interest only to be used), £244,190 in restricted funds and £43,436 in unrestricted funds.

Income

Our total income has remained similar to the previous year at £435,075 (2024: £438,253), due to a further gift day and grants totalling £32,000 for the Hall Redevelopment Fund. Church Hall lettings have reduced slightly and Keswick in Devon giving remained similar to previous years.

Common Fund

The year saw a reduction of £9,152. The full amount due has been paid.

Expenditure

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The expenditure has increased over the year with inflation affecting all costs, together with ongoing work to the Old School Building, and an increase in staffing levels. Our annual Mission Support has continued.

Youth & Children’s Minister

The costs of salary and expenses were met by monies received from churches in the Sid Valley Mission Community (SVMC) and from specific donations. Each Church (including All Saints) agrees to pay a proportion of the Youth Minister’s salary and expenses, and this amount is paid into the Youth Fund account. The amounts payable by each church are reviewed annually as is the salary. The historic balance built up in the Youth Fund will be slowly reduced. At the end of 2025 there was £7,796 (2024: £7,615) in the account to be carried forward for future expenses.

Conclusion

The unrestricted funds have seen a major decrease of £17,862 as we struggled to increase giving, but with the Gift Day held in November 2025 pledges have been made to improve our income for unrestricted funds over 2026 although there are many calls on our budget for the coming year. Restricted Funds are in good health, and we are now in a position where we can progress the redevelopment of the Hall.

Investments Policy

The PCC invests in financial institutions where in its opinion the capital is secure, and interest is payable on funds deposited. Funds are deposited with CBF Church of England Funds and HSBC Bank.

Reserves Policy

The stated policy is to hold 3 months day to day expenses together with 3 months wages/salaries. Currently our general reserves are sufficient to meet between 1 and 2 months of these expenses. The Church is fully aware of the current position and have given generously in the recent Gift Day the benefits of which we will see over the months of 2026.

Responsibilities of Trustees under charity law

The members of the PCC as Trustees of the charity, are responsible for preparing the annual report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.

The Trustees are required by the Charities Act 2011 to prepare financial statements for each financial year. Those financial statements must give a true and fair view of the financial position and activities of the charity for that period. In preparing these financial statements, the Trustees are required to:

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The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and enable it to ensure that the financial statements comply with the Charities Act 2011. It is also responsible for safeguarding the assets of the Charity and for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Signature

This report was approved by the Parochial Church Council and signed on its behalf by:

Signature: Role Date
David Caporn Vicar
Revd David Caporn		 24/3/26
SM Gregory Churchwarden
Susan Gregory		 24/3/26

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Independent Examiners Report

I report to the trustees on my examination of the accounts of THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS', SIDMOUTH. ('the charity') for the year ended 31/12/2025.

Responsibilities and Basis of Report

As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the 2011 Act’).

I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent Examiners Qualification

I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.

Independent Examiner’s Statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in accordance with section 130 of the 2011 Act; or

  2. the accounts do not accord with the accounting records.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Independent Examiner’s Details

Name: Lentells Limited Chartered Certified Accountants and Registered Auditors

Address: Kingsway, 50 Fore Street, Seaton Devon, EX12 2AD

Signature: Name Date
Michael Griffiths

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Statement of Financial Activities

----- Start of picture text -----
Unrestricted Restricted Endowment Total Prior Year
Incoming Resources
Donations & Legacies 206,381 159,483 0 365,864 337,509
Charitable Activities 5,239 5,225 0 10,463 2,678
Investments 3,797 312 0 4,110 3,190
Trading Activities 30,137 0 0 30,137 25,604
Other 4,104 20,397 0 24,501 69,272
Total incoming resources 249,658 185,416 0 435,075 438,253
Resources Used
Charitable Activities 92,551 53,608 0 146,159 87,983
Raising Funds 208 120 0 328 0
Governance Costs 2,572 0 0 2,572 1,658
Support 0 0 0 0 0
Other 172,188 12,544 0 184,732 222,719
Total resources used 267,520 66,271 0 333,791 312,360
Net Incoming / Outgoing -17,862 119,145 0 101,283 125,893
Resources (before
transfers)
Fund Transfers In 0 0 0 0 0
Fund Transfers Out 0 0 0 0 0
Net Incoming / Outgoing -17,862 119,145 0 101,283 125,893
Resources (before
gains/losses)
Investment Gains (or 0 0 -407 -407 227
Losses)
Net Incoming / Outgoing -17,862 119,145 -407 100,876 126,120
Resources (before Asset
Revaluation)
Asset Revaluation 0 0 0 0 0
Net Movement of Funds -17,862 119,145 -407 100,876 126,120
Total Funds Brought 61,298 125,045 10,174 196,517 70,397
Forward
Total Funds Carried 43,436 244,190 9,767 297,393 196,517
Forward
----- End of picture text -----

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Represented By

----- Start of picture text -----
Unrestricted Restricted Endowment Total Prior Year
General (Unrestricted) 3,217 0 0 3,217 18,364
Flower (Restricted) 0 3,103 0 3,103 2,765
Youth Worker (Restricted) 0 7,796 0 7,796 7,615
Toddler Groups 1,324 0 0 1,324 1,114
(Designated)
Building (Restricted) 0 213,321 0 213,321 93,103
Old School (Designated) 13,583 0 0 13,583 26,300
AS Work (Restricted) 0 571 0 571 465
KID (Restricted) 0 13,147 0 13,147 14,631
Youth Fundraising 0 3,840 0 3,840 3,962
(Restricted)
Youth Camps (Restricted) 0 856 0 856 1,566
SVMC Funerals Agency 0 0 0 0 0
(Restricted)
SVMC Weddings Agency 0 0 0 0 0
(Restricted)
SVMC SSWSW Agency 0 0 0 0 0
(Restricted)
SVMC - Mission 0 0 0 0 0
Community Agency
(Restricted)
Other Beneficiaries 0 0 0 0 0
Agency (Designated)
Hardship (Restricted) 0 1,056 0 1,056 938
Quinquennial (Designated) 10,760 0 0 10,760 5,760
Training (Designated) 4,672 0 0 4,672 625
Audio Visual (Designated) 6,881 0 0 6,881 6,135
Heating & Boiler Reserve 3,000 0 0 3,000 3,000
(Designated)
Gwen Swinson Fund 0 0 9,767 9,767 10,174
(Endowment)
Music Group (Restricted) 0 500 0 500 0
----- End of picture text -----

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Statement of Financial Position

----- Start of picture text -----
Unrestricted Restricted Endowment Total Prior Year
Current Assets
Cash 44,025 246,139 0 290,163 197,416
Accounts Receivable 3,722 3,774 0 7,497 2,908
Prepayments 0 0 0 0 0
Total 47,747 249,913 0 297,660 200,324
Non-Current Assets
Fixed Assets 7,354 0 0 7,354 0
Investments 0 0 9,767 9,767 10,174
Total 7,354 0 9,767 17,121 10,174
Non-Current Assets
Accounts Payable 7,207 5,723 0 12,931 8,744
Deferred Income 4,457 0 0 4,457 5,237
Total 11,665 5,723 0 17,388 13,981
Non-Current Liabilities
Long Term Loan / 0 0 0 0 0
Mortgage
Total 0 0 0 0 0
Net Current Assets 36,082 244,190 0 280,272 186,343
Total Net Assets (Assets 43,436 244,190 9,767 297,393 196,517
Minus Liabilities)
Represented by- see page 16
----- End of picture text -----

Signature

These accounts have been approved by the Parochial Church Council, and are signed on their behalf by:

Signature:
Role
Date		 Signature:
Role
Date		 Signature:
Role
Date
Vicar
Revd David Caporn
David Caporn
24/3/26
SM Gregory Churchwarden
Susan Gregory		 24/3/26

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Notes - Accounting Policies

Basis of Preparation

These financial statements have been prepared in accordance with the "Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102") and with the Charities Act 2011.

Public Benefit

The PCC is committed to enabling as many people as possible to worship at All Saints' church and to become part of our community. The PCC maintains an overview of our worship and other activities and is mindful of the need to include as many people as possible from our town and neighbouring areas in our activities. When planning our activities for the year, the Vicar and the PCC have considered the Charity Commission’s guidance on public benefit and the specific guidance on charities for the advancement of religion. We try to enable every person to live out their faith as part of the church community.

Going Concern

The Trustees consider All Saints Sidmouth is a going concern at the date for approving the accounts. There are no material uncertainties, of which the Trustees are aware, that would suggest that the charity cannot continue as a going concern for the next year.

Key Risks & Uncertainties

The PCC has examined all areas of the church’s operations and considered the major risks faced in each of these areas. In the opinion of the PCC, the church has established resources and review systems which, under normal circumstances, should allow these risks to be mitigated to an acceptable level in its day-to-day operations.

DATA Protection

Some not-for-profit organisations are exempt from the requirement to register with the Information Commissioner’s Office. All Saints’ Church fulfils the necessary exemption criteria in that it will:

All personal information is held securely, is only available to those who have a specific need to know and is securely destroyed when no longer required.

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Fund Accounting

Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects.

Unrestricted funds include designated funds where the trustees, at their discretion, have set aside resources for a specific purpose.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor or the term of specific appeal.

Incoming Resources

All incoming resources are recognised once the charity has entitlement to the resources, it is probable that the resources will be received, and the monetary value of incoming resources can be measured with sufficient reliability.

Resources Expended

Expenditure is recognised on an accrual basis as a liability is incurred. The Diocesan Common Fund is accounted for when paid.

Governance Costs

Governance costs include costs associated with the independent examination of the financial statements, compliance with constitutional and statutory requirements and any other expenditure incurred on the strategic management of the charity. Governance costs are shown within ‘Analysis of Expenditure’ note.

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Liability Recognition

Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.

Tangible Fixed Assets

Assets over the value of £2,000 are capitalised. Depreciation is provided on tangible fixed assets at rates calculated to write off the cost of an asset, less its estimated residual value, over the expected useful economic life of that asset, as follows:

No value is placed on movable Church furnishings held by the churchwardens on special trust for the PCC and which require a faculty for disposal since the PCC consider this to be inalienable property. All expenditure incurred during the year on consecrated or benefice buildings and movable Church furnishings, whether maintenance or improvement, is written off as expenditure in the Statement of Financial Activities and separately disclosed.

Pensions

The charity contributes to the Church of England Funded Pension Scheme (CWPF), which is a multi-employer defined benefit pension scheme. The charity is unable to identify its share of this scheme's assets and liabilities therefore, as permitted by FRS 102, it is being treated as if it were a defined contribution scheme.

The CWPF is an occupational pension scheme, set up under trust, for the benefit of clergy and licensed lay workers in the Church of England. The costs of the CWPF’s benefits are met by the various church bodies and other organisations that participate on behalf of their employees and office holders. Contributions are paid to the Board as Trustee of the CWPF by those participating organisations. The contribution rate is set by the Board based on advice provided by the Scheme Actuary and is reviewed at least every three years. The Trustee monitors the covenant of the Scheme’s sponsors to assess their ability to support the Scheme. The Trustee believes the Scheme’s sponsors are willing and able to underwrite its liabilities. The legal details of the CWPF are contained in the Trust Deed and Rules and subsequent amendments, copies of which are available from the Trustee. For practical reasons, the Scheme’s sponsors have delegated their rights to consultation on several issues, including the content of this statement, to the Trustee. The Trustee will review this Statement every year and without delay after any significant change in investment policy or, if required, following a formal investment strategy review.

The Trustee receives written advice from its Investment Consultant on any investments prior to them being implemented. The Statement complies with the requirements of the Pensions Act 1995 (as amended) and the Occupational Pension Schemes (Investment) Regulations 2005 (as amended).

A formal valuation of the fund is due as at 31st Dec 2025 and the latest actuarial review advises that:-

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The headline is positive.

Taxation

The charity is exempt from tax on its charitable activities.

Judgements and Key Sources of Estimation

The trustees do not consider that there are any material sources of estimation or uncertainty at the balance sheet date that could result in a material adjustment to the carrying values of assets and liabilities in the next reporting period.

In preparing financial statements certain judgements, estimates and assumptions must be made that affect the amounts recognised in the financial statements. The trustees consider the following to be significant:

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Notes - Analysis of Income & Expenditure

Analysis of Income

Current Year

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Unrestricted Restricted Endowment Total
Incoming Resources
Donations & Legacies
Donations 159,370 110,079 0 269,448
Gift Aid & GASDS 35,987 16,848 0 52,835
Grants 653 32,056 0 32,709
Legacies 10,371 500 0 10,871
Charitable Activities
Event Income 5,228 704 0 5,932
Fund Raising Activities 11 4,521 0 4,532
Investments
Bank Interest 3,511 312 0 3,823
Legacies 0 0 0 0
Share Dividends 286 0 0 286
Trading Activities
Room Hire 23,484 0 0 23,484
Sales 6,653 0 0 6,653
DD
Other
Agency Expenditure (-ve 0 0 0 0
Income)
Agency Income 0 0 0 0
Other Income 4,104 20,397 0 24,501
Total incoming resources 249,658 185,416 0 435,075
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Prior Year

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Unrestricted Restricted Endowment Total
Incoming Resources
Donations & Legacies
Donations 206,226 121,283 0 327,509
Gift Aid & GASDS 0 0 0 0
Grants 0 10,000 0 10,000
Legacies 0 0 0 0
Charitable Activities
Event Income 0 0 0 0
Fund Raising Activities 691 1,987 0 2,678
Investments
Bank Interest 2,834 356 0 3,190
Legacies 0 0 0 0
Share Dividends 0 0 0 0
Trading Activities
Room Hire 24,754 850 0 25,604
Sales 0 0 0 0
Other
Agency Expenditure (-ve 0 0 0 0
Income)
Agency Income 0 0 0 0
Other Income 49,446 19,826 0 69,272
Total incoming resources 283,951 154,302 0 438,253
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Additional Income Notes

Prior year Donations total of £327,509 includes Gift Aid and GASDS of £56,542

Reduction in other income from prior year includes adjustments for agency work and provision adjustments

Agency work undertaken for the Sid Valley Mission Community amounted to £47059 but is not included in the income totals for the year

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Analysis of Expenditure

Current Year

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Unrestricted Restricted Endowment Total
Resources Used
Charitable Activities
Activities 0 0 0 0
Admin 0 0 0 0
Advertising 0 353 0 353
Bank Charges 417 249 0 666
Depreciation 0 0 0 0
Event Costs 672 710 0 1,382
Gifts Given 0 0 0 0
Mission & Evangelism Costs 6,179 3,253 0 9,431
Mission Giving and Donations 19,201 1,600 0 20,801
Office Costs 2,988 851 0 3,839
Other Expenditure 4,362 108 0 4,470
Staff Expenses 2,071 911 0 2,982
Staff Salaries 29,728 35,212 0 64,940
Upkeep of Other Properties 26,934 10,361 0 37,295
Raising Funds
Raising Funds 208 120 0 328
Governance Costs
Governance Costs 2,572 0 0 2,572
Other
Agency Expenditure 0 0 0 0
Agency Income (Treated as 0 0 0 0
Expense Refund)
Common Fund (Parish Share) 144,338 0 0 144,338
Upkeep of Church and Church 27,850 12,544 0 40,394
Services
Upkeep of Other Properties 0 0 0 0
Total resources used 267,520 66,271 0 333,791
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Prior Year

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Unrestricted Restricted Endowment Total
Resources Used
Charitable Activities
Activities 0 0 0 0
Admin 0 0 0 0
Advertising 0 0 0 0
Bank Charges 329 230 0 559
Depreciation 0 0 0 0
Event Costs 0 0 0 0
Gifts Given 1,138 0 0 1,138
Mission & Evangelism Costs 6,514 3,610 0 10,124
Mission Giving and Donations 19,395 2,500 0 21,895
Office Costs 3,571 0 0 3,571
Other Expenditure 340 0 0 340
Staff Expenses 4,316 1,049 0 5,365
Staff Salaries 11,622 33,369 0 44,991
Upkeep of Other Properties 0 0 0 0
Raising Funds
Raising Funds 0 0 0 0
Governance Costs
Governance Costs 1,658 0 0 1,658
Other
Agency Expenditure 1,088 0 0 1,088
Agency Income (Treated as 0 0 0 0
Expense Refund)
Common Fund (Parish Share) 153,490 0 0 153,490
Upkeep of Church and Church 34,004 19,511 0 53,515
Services
Upkeep of Other Properties 13,729 897 0 14,626
Total resources used 251,194 61,166 0 312,360
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Notes - Analysis of Net Assets Between Funds

Current Year

Unrestricted Restricted Endowment Total
Current Assets 47,747 249,913 0 297,660
Non-Current Assets 7,354 0 9,767 17,121
Current Liabilities 11,665 5,723 0 17,388
Non-Current Liabilities 0 0 0 0
Total Net Assets (Assets Minus
Liabilities)		 43,436 244,190 9,767 297,393

Prior Year

Unrestricted Restricted Endowment Total
Current Assets 70,673 129,651 0 200,324
Non-Current Assets 0 0 10,174 10,174
Current Liabilities 9,375 4,606 0 13,981
Non-Current Liabilities 0 0 0 0
Total Net Assets (Assets Minus
Liabilities)		 61,298 125,045 10,174 196,517

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Notes - Other

Volunteers

The charity benefits greatly from the voluntary contributions of time and money. Please refer to the trustees' report for further detail about volunteer contributions in the organisation.

Independent Examination Fees

Fees payable to the independent examiner for independent examination were: £1600 (fee payable in the prior year: £1658).

Staff Costs

The total staff costs and employee benefits for the reporting period are as follows:

Wages and salaries £64,940 (2024: £44,528).

The average number of employees during the year was 4. (2024: 4).

Of the total wages and salary costs £9,598 was given by other members of the Sid Valley Mission Community towards the cost of running the payroll by All Saints.

No individuals were paid for work undertaken as Charity Trustees.

No employees received salaries at a rate of more than £60,000 per annum.

Key Management Personnel

The charity considers its key management personnel to be David Caporn (Vicar) and Sarah Rock-Evans (Curate) both of whom receive a stipend direct from the Church of England with expenses paid by All Saints.

Trustee Remuneration

During the year £35,105 was paid to 2 staff for their employees' roles within the charity and not for their roles as trustees.

Trustee Expenses

During the year 3 trustees incurred out-of-pocket expenses totalling 3,815. (prior year 7 trustees incurred outof-pocket expenses totalling £5,985)

All expenses were incurred for the day-to-day running of the charity's activities.

Trustee Donations

All Saints’ PCC received £56,697 in donations from Trustees (PCC members) and their close relatives. The donors did not attach any conditions to their gifts which required the Charity to alter the nature of its activities.

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Tangible Fixed Assets

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Audio / visual equipment Total
Cost
Prior to 1st January 2025 0 0
Additions in financial year 8,726 8,726
Total as at 31st December 2025 8,726 8,726
Depreciation
Prior to 1st January 2025 0 0
Additions in financial year 1,372 1,372
Total as at 31st December 2025 1,372 1,372
Net Book Value
As at 31st December 2025 7,354 7,354
As at 31st December 2024 0 0
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Investments

Unrestricted Restricted Endowment Total Prior Year
Market Value Brought
Forward		 0 0 10,174 10,174 10,174
Additions 0 0 0 0 0
Disposals 0 0 407 407 0
Gains (losses) 0 0 -407 -407 0
Market Value Carried
Forward		 0 0 9,767 9,767 10,174

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Debtors

Accounts Receivable

Description Amount
Gift Aid 4,935
Trade Debtors 2,562
Total 7,497

Prepayments

Description Amount
Prepayments 0
Total 0

Creditors

Accounts Payable

Description Amount
Accruals 3,965
Tax & Social Security 3,054
Trade Creditors 5,912
Total 12,931

Deferred Income

Description Amount
Advertising income received 810
Car park fees in advance 3,647
Total 4,457

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Analysis of Charitable Funds

Current Year

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Investment Gains (or
Fund Name Opening Balance Income Expenditure Fund Transfers Closing Balance
Losses)
Unrestricted
General (Unrestricted) 18,364 227,099 242,246 0 0 3,217
Total 18,364 227,099 242,246 0 0 3,217
Designated
Toddler Groups 1,114 1,622 1,412 0 0 1,324
(Designated)
Old School 26,300 9,150 21,867 0 0 13,583
(Designated)
Other Beneficiaries 0 0 0 0 0 0
Agency (Designated)
Quinquennial 5,760 5,000 0 0 0 10,760
(Designated)
Training (Designated) 625 4,125 78 0 0 4,672
Audio Visual 6,135 2,663 1,917 0 0 6,881
(Designated)
Heating & Boiler 3,000 0 0 0 0 3,000
Reserve (Designated)
Total 42,934 22,559 25,274 0 0 40,219
Unrestricted Total 61,298 249,658 267,520 0 0 43,436
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Investment Gains (or
Fund Name Opening Balance Income Expenditure Fund Transfers Closing Balance
Losses)
Restricted
Flower (Restricted) 2,765 1,335 997 0 0 3,103
Youth Worker 7,615 38,074 37,894 0 0 7,796
(Restricted)
Building (Restricted) 93,103 127,111 6,893 0 0 213,321
AS Work (Restricted) 465 8,897 8,791 0 0 571
KID (Restricted) 14,631 9,039 10,523 0 0 13,147
Youth Fundraising 3,962 240 363 0 0 3,840
(Restricted)
Youth Camps 1,566 0 710 0 0 856
(Restricted)
SVMC Funerals 0 0 0 0 0 0
Agency (Restricted)
SVMC Weddings 0 0 0 0 0 0
Agency (Restricted)
SVMC SSWSW 0 0 0 0 0 0
Agency (Restricted)
SVMC - Mission 0 0 0 0 0 0
Community Agency
(Restricted)
Hardship (Restricted) 938 219 100 0 0 1,056
Music Group 0 500 0 0 0 500
(Restricted)
Total 125,045 185,416 66,271 0 0 244,190
Endowment
Gwen Swinson Fund 10,174 0 0 0 -407 9,767
(Endowment)
Total 10,174 0 0 0 -407 9,767
Restricted Total 135,219 185,416 66,271 0 -407 253,957
TOTAL 196,517 435,075 333,791 0 -407 297,393
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Prior Year

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Investment Gains (or
Fund Name Opening Balance Income Expenditure Fund Transfers Closing Balance
Losses)
Unrestricted
General (Unrestricted) 4,642 262,190 238,303 -10,165 0 18,364
Total 4,642 262,190 238,303 -10,165 0 18,364
Designated
Toddler Groups 1,003 1,864 1,781 28 0 1,114
(Designated)
Old School 8,750 25,223 7,751 78 0 26,300
(Designated)
Other Beneficiaries 0 1,095 1,095 0 0 0
Agency (Designated)
Quinquennial 5,760 0 0 0 0 5,760
(Designated)
Training (Designated) 625 0 0 0 0 625
Audio Visual 3,135 3,000 0 0 0 6,135
(Designated)
Heating & Boiler 3,000 0 0 0 0 3,000
Reserve (Designated)
Total 22,273 31,182 10,627 106 0 42,934
Unrestricted Total 26,915 293,372 248,930 -10,059 0 61,298
Restricted
Flower (Restricted) 2,314 1,524 1,073 0 0 2,765
Youth Worker 7,346 24,301 37,372 13,340 0 7,615
(Restricted)
Building (Restricted) 0 101,249 8,146 0 0 93,103
AS Work (Restricted) 0 6,011 5,546 0 0 465
KID (Restricted) 13,149 10,987 8,655 -850 0 14,631
Youth Fundraising 3,979 216 218 -15 0 3,962
(Restricted)
Youth Camps 1,719 3 156 0 0 1,566
(Restricted)
SVMC Funerals 3,000 0 919 -2,081 0 0
Agency (Restricted)
SVMC Weddings 0 500 500 0 0 0
Agency (Restricted)
SVMC SSWSW 463 0 463 0 0 0
Agency (Restricted)
SVMC - Mission 218 78 382 86 0 0
Community Agency
(Restricted)
Hardship (Restricted) 927 11 0 0 0 938
Music Group 0 0 0 0 0 0
(Restricted)
Total 33,115 144,880 63,430 10,480 0 125,045
Endowment
Gwen Swinson Fund 9,946 0 0 0 228 10,174
(Endowment)
Total 9,946 0 0 0 228 10,174
Restricted Total 43,061 144,880 63,430 10,480 228 135,219
TOTAL 69,976 438,252 312,360 421 228 196,517
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Fund Transfers

There were no Fund Transfers this financial year.

Fund Descriptions

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Name Description
General Unrestricted funds for general church use
Flower Flower Fund
Youth Worker Youth Worker Fund
Toddler Groups Toddler Groups Fund for Happy Feet and Pandas
Building Building Fund
Old School Old School Restoration Fund
AS Work Gifts from Ephesian Fund or other sources restricted to be used for AS Work only i.e.
not passed to CofE
KID Keswick in Devon
Youth Fundraising Youth Fundraising Fund for youth activities such as trips, etc.
Youth Camps Youth Camps Fund
SVMC Funerals Agency SVMC Funerals Agency
SVMC Weddings Agency SVMC Weddings Agency
SVMC SSWSW Agency SVMC SSWSW Admin costs
SVMC - Mission Community Agency SVMC - Mission Community
Other Beneficiaries Agency Funds given for other Charities
Hardship Hardship Fund
Quinquennial Quinquennial Reserve
Training Training Fund
Audio Visual Audio Visual & Streaming Fund
Heating & Boiler Reserve Heating & Boiler Reserve
Gwen Swinson Fund Gwen Swinson Fund
Music Group Music Group
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Transactions to Related Parties

There were no transactions related parties during the accounting period.

Prior Period Adjustment

There were no prior year adjustments.

Pensions

The charity operates a defined contribution pension scheme. Contributions are charged to the Statement of Financial Activities as they become payable in accordance with the rules of the scheme.