NORTH END TEAM MINisn sTATENE OF ANANCIALACTMfES TOTAL FUNDS nds INCOMING RE5(YJRCES 974 6,71XI.17 55.674£6 54,046.41 78.719.14 78.719.14 82.746.88 4¢) om LX) ,683J3 23,526. IA8& o.fy) 1,485. 478 24•) o.INJ 2,167.20 TQTAL INCOMING RES<KIRCES Church acimugs a) 220.07LOI 17e3.85 223M54. 163.486.17 0.0) 3(c) IL (o o( 891.96 814.C#J TOTAL RESOURces E0 NET INCOMEI i oiJfGOING } RESCLIRCES P6X11729) (3.367.05) 940T2 a59927 954.129.99 947,904.04 Swementol l Lo3 I l Ur¥ealis8d (ts5Yn on wmstr 14.46) O.L 14A61 9.58719 o.(MJ 9.587.19 9,587.19
NORTH END TEAM MINISTRY BALA IKE SHEET AT 31 DECEMBER 2025 2024 FIXED ASSErs TarIble Fixed Assets Investment Assets 425.835.92 163.72 425,999.64 449.843.88 165.81 450.W9.69 Debtors Cash Bank and In Harml 14.329.30 9,507.18 618 674.40 628 181.58 $67 683.97 LIABILMES: AMOUNTS FALLhNG DUE wrrHW ONE YEAR 4,707.¢J) 13,192.91 562,976.97 614.988.67 NET ASSETS FUNDS Unrestricted Restricted Endowmeni 869,612.64 18,082.79 940,W.72 13.599.27 Revduation Reserve 101.281.18 110,888.37 Restricted Endowment TOTAL FUNDS roved by ts ParochkqS Chwth C<wrKI Ll rd on its behalf by .'
NOrH END TEAM MINISTrY NOTES TO ThE FINANCIAL STATEMEpirs For the Year Ended 31 Oecember 2025 ACCOUPlnNG POLICIES 20ll i0r vAth aptYi¢&le sthTrJards aNJ SORP 21X)5. The financial statements have been wepared uTrler the hi4ortsl rJ)# corwffjon except for tt Vall(J of in¥Estment assets. vthch are market vdue. Ha115 and pISh Houses, The accounts indude all transacti(rts. assets 8ThY I111eS fDr whth tr PCC is responsible in law. They do N)t irn%LNYe attounts of thurch groups thelr maln affikati'm ) another body. rK¥ those that are infomwl 0atherirK of thuTch mentss Funds use and are avablable Irx apph'catson cffi genwd wrM)ses of the PCC. FdS dè%onated for Incomhw ree(¥Jnized whèn Ihe irKrring Tesowce to VtMch ty Tel is recei1. Grntxs and legftc are accouMe(I for PCC is legaity entided to . ci¥idends are accounted for The dictesan parish share is an cweraiK)nal ( th(MvJh ) h"alxlty arml any unpaKI amounl is onty as a crediEO( in the Balan SheeL 8ftet due (ThSKleratsw is taken of the PCQS ability to
NoKfH END TEAM WP4STRY NOTES TO THE FINANCIAL STATEkEpirs For the Yew Ended 31 De¢emlxr 2025 * fifif?)fa) nf thp. r.hafitipg Ari iQ9? Movatle chLch fumtshir4s hdd by tr vw arnl dXydw trust for the PCC arKI which require a faaAty for we aet(Kwrted for as inalienable pro[ unless consecrated. They are listed in the Church's iiiveiw. vhyth ean bè irtspecl8d ( at any reasonab time l. For lnnat4e pr(yerty QuIre{l w to 1997 ttre 15 irfficnI cost inforThHtion a¥lab and 1007 niAll71 Arwl lh* ffinAnpiAI Equiwrth used Wil'n the Church tyenNses is deryKi&ed on a str4ht I'ne bws iy4er 3 to 10 years. Current Assets
NORTh END TEAM MINlSniY NOTES TO THE FINANCIAL STATEFIrs Forthe Year Ended 31 DecwnbEr 2025 INCOMING RESOURCES Funds Funds 2 ( a ) Volunlary Income Planwl (pv. GWI donatws Iorne Tax re¢overatJlg Olher klanneij 28.0.46 8.913 69 5.816.77 6,213.77 28..46 28,503.50 8.913.69 9,393.51 5,816.77 6,029.50 6.213.77 6.814.86 946.67 3,305.04 5.753.50 Donations Grants 946.67 5,753.50 21 b l Actwiknes for ineTatino Chureh h1 letts.nqs Lethno5 ¢lher premkes 52,615.59 18,036.70 52,615.59 18,036.70 54.395.73 19,462.79 events 8.W.85 a,[.85 8.868.36 21 c ) Investsi I0 0(lendS and Interesi reclth tsx 10.6U33 .683.33 23,526.15 1,485. 1,485. 478.80 2 (0) 01 inc0ffl1r resouree5 Insuran dw.ms Sldry 1.567.20 1.567.20 114.88
140RTh END TEAM MINISTRY NOTES TO ThE FINANCIAL sfATEkEpirs For the Year Ended 31 Oecember 2025 RESOLWiCES USED Funds 3 ( a ) Chwth acli¥lties Misscw and charilth thvltVJ . home MIOnS 140. 147.72 287.72 442.29 147.T2 00 44229 Minlstry 48.955.38 . deanery . expenses of inuJnbert5 . parsonaoe hc4Jses . other deryjy Church runni cos Church menanCe Upkeep ol serytces Upeep of Chch¥ Tranino Hdl runniw costs 10.062.51 Profew'onal fees 3.8.(KI Major rewrslreklaeements 56.558.40 Depredation . Patsonalle 16,619.92 Depreciation. Hafis ll.148.04 Oeweclation. equipmert I,910.7 printi Slats'or 17.93 Church treaSUf$ cos 1.155. Office expenses 19.868.27 PTe5entalor 233.95 Sundry 48,955.38 48,773.24 1.847.58 4,402.69 1.454.C 24.232.36 7.171.65 8.608.40 1.225.1X) 1.847.58 4,402.69 1,454.00 24,440.86 10,421.33 8,786.35 1,225.CK) 2.077.30 5,540.23 2.184.34 17,280.99 8.529.28 8,095.96 520.CQ 48. 7.322.67 3,249.68 177.95 10.IIS2.51 3,860.00 56.558.40 16.619.92 ll,148.04 1,910.¢XI 17.99 1,155.( 19.868.27 233.95 399.87 18,805.10 16.619.92 11.148.04 1.910. 2,649.71 11.112.55 406.55 3 ( b ) Gerti 0fmUrY I( 3 ( c ) FWKI ratsh rA)5ts 891.96 891.96 814. srAFF COSTS The Parish emoyed a part time se(m aTrJ Chwches ckanets. ith Th) eaMI more than £9,700 during the year. No paymerts V•tre to ber oftt PCC r$(S (W cmne(ed to them. Onty related party receNed whi( Krtaf(J £3.397, (2024 .1(31.
P40RTh END TEAM MINISTRY NOTES TO THE FINANCIAL STATEIEpirs For the Year Endod 31 December 2025 Church FIXED ASSErs GROSS BOOK VALUE Al l January 2025 Addits0 Revaluatson At 31 December 2Lr25 288.374.40 5,670.1x1 415.498.(Kl 21.423.59 725.295.99 5,670.CfJ 41S 498.IJJ 21423.59 965.99 At l January 2025 Charoe for year Backloq At 31 Ce¢erTthr 2ff25 211.812.76 ll.148.04 49,859.76 16,619.92 13,779.59 1,910.00 275.452.11 29,677.96 305 130.07 NEf BOOK VALUE At 31 Decem1[ 2025 71.3.fj0 349,018.32 5,734.CM) 425,835.92 At 31 December 2024 76.561.64 365,638.24 7.644.CK> 449,843.88 freemd larKI aThl lk11r¥JS comm the SCO at St MaS and a house. Properties are depre¢iated on a Strw'ght line basis (Ner 25 years trom their inCorallOn into these a¢counts. The additi'on in year Tel¢$ lo the prepAraW c(tsts ot the new hall at St Nichth. The gross of ttse EvrtIeS are their crrent esiimated value for insurance puYposes.Ths Ss CTh1dered to be a fw'r lmate of the currert 01 tt5e tWDerri Any charoes in this VajUaOn a shcyw In the RevalUOn Reserye, see note io. less &llustments for the recalculation of de0110n tw would been chanoed in piior Yea. equipffN In ChUr(S relatys to the bc*r at St NiclKAas. wtmch s deprecwted w 10 years. 2024 CBF Chuth of Eland FurKI. cost at 31 Decatr 2025 W&8 1{2024 £8n with 7 (2024. 7) sha. 163.72 165.81 io
NORTH END TEAM MNISTRY NOTES TO THE FINANCIAL sfATEIEprrs 2024 House wt Inleiest Insuran Premium Church njrtnr costs Corl 9)Cty H1 Tem 5.3W.C(I S,UJ.CM) 1,917.30 785.00 722. 275.C(I 1,951.78 685.Crf) 770.) 222.Crf) lli.S0 26 CASH AT BA AND IN HAP Currert 267.((Q.04 348,570.75 63 272 103.65 618 674.40 8 LIABrnEs." AMWI5 FALLWG DLE IITTHIN ONE YEAR 2024 12,447.91 Clwrch runninn e¥SeS 3,420.00 7.00 216.CQ 138. 143.00 745.CM) Susry yr. The $tar paitsh shaJe ty ttE Noth End Team Mknistry rdates solely st Ntholas chureh. The S lal has arisen cver to Vts) rented 2 hals try utwbk to ffle ri5irNJ rents needed io ftmd Pmglw Mannan repair costs blI1J. Delays repkxang the 15 has further Cljltribjted to the short in lund5 aWlats meet St NichJl•s's atlltty to meet Its parish share c(Ammrtments. The anKMmt cwts1aIng as at 31 De(xnfM 2025 wag £32.549.72. APIALYSIS OF NEfASSEfs BY FUND Funds Funds xedAssets 425.993.64 549.601.18 425,999.64 567.683.97 rA2.79 988 976.61 any ur4Jent balan carried frthvard to the next f)aThiat year. Resthcte(l Funds aJe held trust in the bank ¢(nts rebrar# thrth w*hin the Parth, aCcnted trtmthin DetM(Ks or Credrtors.
NORTH END TEAM NISTRy NOTES TO THE FINANCIAL sfATEklEiirs DESIGNATED BANK AccouKr BarKe Br(wht TTan5fer in of funts Le&8 .' expeIllure 134.387.79 6.143.29 250.00 The degonated furKI hekl m a sepame bank W7thin the N(Mth Team Mirmty is il Teyct ol the FuThls Revaluawrevffisaj) Less: 110.868.37 120,455.56 Realised Elenwrt 101281.18 UO 868.37
Independent Examiners ReD(Wt to the End Team Ministry I reoort on the accounts lor the vear ended 31 Deceth 2025 whKth a set cxrt 4 to 12. As trustees ofthe charitv. the of the PCC are sible kn the DreDaration ot the accounts. Thev It is my responbilty to exarThne Ihe accourns under seaion 145 of the 2011 Art follow the procedures laKI down in Ihe General L)ireciions given by the Charity commiOnerS state ¥vhether parbcular mattas Ikqve come to rry attemion. Basls of IndeDernlent Examinevs Statement (b) Mv examinatson was carrted out in aco)rdance with the General DirectIS oiven bv the Charf IndeDendent Examlntrs Stateme Guidance receNed from pOrtsuth Diocese is that the whole of the proceeds from the sale of Compton Road and the hails is unresmcted the arr#)urrt included in restrcted funds has been therefore released. Portsmouth Diocese h&s indicated thal North ErKI Team Ministy do not have to include in these accounts the short fdl in pan'sh Share in respect of St NiclaS church. The nUnt Is material to the understanding of the financial pOSrti of this parish. In connettion with mv exwrmnation. no other atterS have c(r to mv atten111. (li vthich Qbves n re&8onable Ca to bleve that in anv rnaterial re5Dect the reauirerrents ( i ) to keeD acc(xinlino rec(d5 in actcffdm wrth s) ol tre 2011 Act: or ( li ) Io LveDare accounts thIch acc(xd wilh the aCCntIn0 records have not been nktr. or to which. in OL)inion. attention should be dra¥yn in order to enthe a DroDeT understandino of the accounts to be reached. (21 Mr PhiliD Hobbs. ACA 50 Kenvon Road. North End. Portsmoulh. P02 ORG 2026 13