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)
940￿￿T2 a59927
954.129.99 947,904.04
Swementol l Lo￿3 I l
Ur¥ealis8d (ts5Y￿n 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
Tar￿Ible 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
r￿d on its behalf by .'

NO￿rH END TEAM MINISTrY
NOTES TO ThE FINANCIAL STATEMEpirs
For the Year Ended 31 Oecember 2025
ACCOUPlnNG POLICIES
20ll i0￿r vAth aptYi¢&le sthTrJards aNJ SORP 21X)5.
The financial statements have been wepared uTrler the hi4ortsl rJ)# corwffjon except for tt
V￿￿all(J￿ of in¥Estment assets. vthch are market vdue. Ha115 and p￿ISh Houses,
The accounts indude all transacti(rts. assets 8ThY I1￿11￿eS 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. F￿dS dè%onated for
Incomhw
ree(¥Jnized whèn Ihe irKrring Tesowce to V*tMch ty Tel￿ is recei￿1. 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 chL￿ch 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
ln￿*nat4e pr(yerty ￿QuIre{l w to 1997 tt*re 15 ir￿ffic￿nI cost inforThHtion a¥￿lab￿ and
1007 ￿ni￿All7*1 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 STATE￿￿FIrs
Forthe Year Ended 31 DecwnbEr 2025
INCOMING RESOURCES
Funds
Funds
2 ( a ) Volunlary Income
Planwl (pv￿￿.
GWI donatws
I￿orne 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 i*neTatino
Chureh h￿1 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￿ I￿0
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
Sl￿dry
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 MI￿OnS
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￿ co*s
Church m￿￿enanCe
Upkeep ol serytces
Upeep of Ch￿ch¥￿￿
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 treaSU￿f$ 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 ) Ger￿ti￿ 0fm￿Ur￿￿Y I￿(
3 ( c ) FWKI ratsh￿ rA)5ts
891.96
891.96
814.
srAFF COSTS
The Parish em￿oyed 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 Ma￿S and a house. Properties
are depre¢iated on a Strw'ght line basis (Ner 25 years trom their inCor￿allOn 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 tt*se Ev￿rtIeS are their c￿rrent esiimated value for insurance puYposes.Ths Ss
CTh￿1dered to be a fw'r ￿lmate of the currert 01 tt*5e tWDerri
Any charoes in this VajUa￿On a￿ shcyw In the RevalU￿￿On Reserye, see note io. less &llustments for
the recalculation of de0￿1￿10n tw would been chanoed in piior Yea￿.
equipff￿N In ChUr(*￿S relatys to the bc*r at St NiclKAas. wtmch s deprecwted w 10 years.
2024
CBF Chuth of E￿land 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)C*ty
H*1 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 LIAB￿rnEs." AMWI￿5 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)
Sus*ry
yr.
The ￿$tar￿ paitsh shaJe ty ttE Noth End Team Mknistry rdates solely ￿ st Ntholas chureh.
The S￿ lal has arisen cver to V*ts) rented 2 hals t*ry utwbk to ffle￿ ri5irNJ rents
needed io ftmd Pmglw Man￿nan￿ repair costs b￿lI1￿J. 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 cwts1a￿Ing 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, aCc￿nted trtmthin DetM(Ks or Credrtors.

NORTH END TEAM ￿NISTRy
NOTES TO THE FINANCIAL sfATEklEiirs
DESIGNATED BANK AccouKr
B￿arKe Br(wht
TTan5fer in of funts
Le&8 .' expe￿Illure
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 ￿s￿￿ible 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
commi￿OnerS
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 DirectI￿S oiven bv the Charf
IndeDendent Examlntrs Stateme
Guidance receNed from pOrts￿uth 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 Nic￿laS church. The ￿n￿Unt 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 atten11￿1.
(li
vthich Qbves n￿ re&8onable Ca￿ to b￿leve 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 aCC￿ntIn0 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