REGISTERED CHARI'fY.*4UMBER: 1129909 Report Df the I'rnstees And Unauditcd Tr'inanfial Statements for th¢ Ended 31 December 202) for BREDON PAROCHIAL CHURCH COUNCIL Clifton-Cr1ck Sharp & Co. Lid Cliartei'ed Accountanls 2A-3A Matket Cjaie Pershoi Woircsta'5hire WRIO IDZ
BREDON PAROCHLIL CHURCH COUNCIL Conients of the FI¢11 St#ternents FUR TIIE YEAR ENDED.11 DECEMBER 2025 Pgge Rewrtof the Trustees Independent E_YAminer's Repnrt Statement of FRn8ncÈal Activities B*lance Sheet Trlotes to the FinaDcial SiatementS 10 to 17 Detglled StstLment uf Firtancl&l Atthvltle$ 18 to 19
BREDON PAROCIIL4L CIIURCH COUNCIL RcpTrrt of tht I'rusttr5 FOIi"I'HE YEAR ENDLD 31 DLCEMBER 21125 ThL hU5t¢¢5 pr¢5ent their repoi1 with the fillancial Statrmenis of the ¢haTity for thc ycar cnded _31 December ?025. Thl ttvstres have adopted the provjsions of Accounting aJKI Reportin¥ by Chajities.. Statemellt of Recon)meJided PrJ¢Tic¢ applicable to ch4rili¢s PTepaiiiig their aLcounts in arcordaiice with Iht Ftjiancial Reportin8 Siaiidard applicable in the UK aiid R¢public of Ireland IFRS 10?) leffL*tive l JanuAry 2019). The PCC is a charity r¢gisLLred ivith the Charity Conunissjl on lJune 2009. Wc UL"c regi5tercd undcr ih¢ namL"The Parochial Churcli Council of ihe IcLlesiastical P15 of Si Gil¢s, BredL)U ID the Diocese of WleSter., Ther¢ Is on¢ Charity and one tru5l w'idi which the PCC is a¥so¢iated iii connection will) Si Gile5 Chuicli, namely.. The Frietkds of SC Gile5 Bredon Meadow Trusl from whi¢h the PCC receive5 a Tental income OBJECTIVES AND AcrJvtTIES Alms & purposes The PCC has the responsibility in Promoting the whole inisston of the Church p8stor&l. cvangelistic, Social and ccu1nl1cuI in ihe eeclcsiastical parish. To facilitslc this work the PCC ib also specifically Tespoiisible for mainiainin8 the fabric of St Gilcb aiid thc Adjoining Church kooTn& and the Chapcl of Ease at Hredon's Norton Wh¢n plilIUllI)gi our aciiNilies for dic )'cat, thc incumbent and rhe PCC hav¢ consided the CotnmL5SiOII'5 guidatKty ()n publit beDLfil and, iii particular, Ihe sp1r1¢ gild4Ce on charities for the a¢Jvancc]ncnt ofTcligion. In co-opcration wilh Ihc incunib¢ni. Ili¢ PCC Is ionimitted to enabling as iiiany people as posgible lo worship at our ¥hurch and 10 tl0e parr ot. oiw parish ionunuiTriti¢5 al St Gil¢¥ atjd Bredon's Noiton. 'I'he PCC mailltsitts an oi'¢ti'i¢w ot worship thlu8hout the parish and makes suggestions on how our 5Lrvic¢s ini"oli"¢ the many groups that live within OUT parish. FINANCIAL REVIEW Rescri'es policy 'rhe PCC strives LO maintain Su1len[ reserves t(> ensure that it has thL llccc< wodoing Lap11 lo mcct ¢xp¥Adiiure on maitirenanLe (Trf the ¢liurch buildings ld plant as well a5 being pr¢pillYd tor untorebeen cm¢r&Tency repair5 und 1¢p14¢M¥.. Tliis Js timated as a minimum of nintt mi)nths expenditure on GLmeral ALLOlllli tor St Giles and Lonsiderdbly mole toi. Br¢don'5 Norton whcrc thc congregation, and th¢r¢lore the income. js Lonsidvrably sllwller. Page I
BREDON PAROCHIAL C.HIIRC.H C.OUNCIL Roportof the Trustees FOR THE YEAR ENDED 31 DECEMBER 2025 FI]YANCIAL REVILW The sur[im)ry Incotn¢ & Expeiiditure re[ on p7 of lh¢ attouiits schedule %hows total incotne for the hl'o Chur£h¢5 ai £51,725 (2024 £80,49LI expLndituie di £100,494 120?4 £9?,5401 resulting ill a defiLIt ot £48,679, (2024 £12.(H9} whirh after addin8 a loss on i"aluatioJJ ot" investments of £1,-348, LfSultd in ? d¢ficii for the year of £50.117, substantially more than last ycavs £8.900. w'hich etsjoyed a pusitive r¢i'Jluatioii of inv¢stmLnts of £1,000. This increased Ioss i5 due lo £35,(KbO don8Ei(>ns rcpatd to the original doJwr$ as thtr toilet fund no lo11.r rwuircd. Howev¥ 10 gel a Ll¢atrer Pi¢¢ure of the position ivc should consider the two ChuTche5 5epardtely. and figu5 foT Si Gile8 and Bredon& Norton are showi oil the suprK>rtill8 bLhLUle$. St Gilcg Chllrch Al ¢hc beginning of 2025 an onnual Tncoimc budget was Sel at an admiitedly consVative level of £63,1)(K). and a¢al income loralled £77,(XN> for ihc }'car b¢fo adjusiiiig for iht big refurtd which reduced the repotted income 10 £40.754 as shown in the accounts. The Irea¥e w&% due t(p higher Ihan expe¢ied (iift Aid donations and other income, thanks lo the enerOsitY of the congregaiion. and io very generous conthhitions from tlie friends of Si Giles whieh were used to help defray substantial e.xpenditure on repair and lllTr¢ inteiwnce. Church Room hire proNided a helpful £9,WO iJ]¢oJTr¢ was a150 boosted by a series of 511cce55fv1 conccns held in the Chut¢h whi¢h h¢1j J'ais¢ £1.600. ExpendJrnrL' tor the yeaj. lotalled £91,416. against a budget ot. £87.000. of )vbiLh Millisty Share look up £25,000, and Repair & MaintenancL anot1. £25,0, which included the Installation of uiidei. ptiF heal¢rs in the chvir stslls, repai to the c.hancel Roof, the rL'mcivdl of di8tased and the r¢fUrt)i1¢nt of the Church Roorns, this last item being Cgv¢r¢d by the proceeds of the pru'ious )'caV5 Boat RacL5. Th¢ T¢sulting deficit for ih¢ Y of aboul £5?,707. Ivhil¢ disappointin&T. was not ivholly yn¢xp¢¢ie(5, ajid ¢oul(J have becn a lot ivorsc had il wl b¢¢n foi h¢lpfuI aii(L iitnely inl¢Tv¢ntion fro1 the Ditcese whose &%sisiance t5 hei¢ gwratefully acknowledged, fiTStly by PTLividing a grant of sorne £12.000 to otT.set Ministry Shal'e, and then by ihe provision of smaller 511JllS to help dcfTay ihe costs of repair & mainlcnancc items. And $0. mu¢h as I pi"edicied in my APCM re) 2025 we have weathered anoiher yCAr, alkit with r¢s¢tvcs greatly dcpleted.. but WI1 are Ilie prospects for 206,? At the be&innJnbY of th15 yeai Lyn Beehe & I pdI1cCd Income and Expenditure biidget. again on consejvdiiwe grounds proiEtling Incom¢ at £(A,(X)O. Exind11r¢ £R5.000 Iwh5cli iDclud¢s a provision for Ministry Share of £37,01, aod hetLf¢ a projerted deficit of £21.0. So what 15 being done to help redu¢e this defici S¥ven weddings ar¢ booked for this year whicl) will add a ii'¢lcoin¢ boost to income, fvrth¢r cotK¢rt5 are being pled. and it is inl¢nd¢d to resii¥¢itate th¢ Parisli Mdgazine as an onlin¢ publi¢aiioii with paid adverti5emellts a5 It should be viable without the piintin8 and pT costs which r¢iidercd the old ptiLIt ve10 a I(s Imaker. A coniribuiion is also ¢xp¢ctcd from lh¢ Parish Council toward% ihe large sum eX]KDd by the Church in ereatlll8 Ihc ChLirchyaTd c¥tension. We Kii'e applied lor anoilier Siippori Grant Iliis year. for which Ilie decision is slill awaited. In spilc i)f tlie rdu¢liun li) rescrv&4 Wb %iill hJi'e ai Ilic tlme ol'wri¢ing the Organ tund1£40kl. tlie Bell Flu l£lkl the FabijL Fut {£11.7ki. Of Ilicsc ihTec Ihc Pcf havc a_orccd that that ivhilc tlic Organ & Bell Fund5 are inviolable. thL Fabric Trund is at Ilieir disp9531 and that this money could utiliscd as arvropriate for general expenditure. Pa8¢ 2
BREDON fAROCIIL4L CHURCII C.OUNCIL Reptsrt Trf tlie'frustee5 FOR'fHL YEAK 31 DECEMBER 2025 FIIYA.NCIAL REVEEW Finiilly. it transpiiEd ill Apnl last year that our Churcb. iogeth¢r 1th Overbury Church. posse55es about 7 a¢r¢s of meadow land at the bottom of Fleet Lane, on ow. side of the l'er Avon trntn th¢ Fleet Inll TWYn& CWTellily leased 10 Mi" DyeT, 2nJ before t11 IiTr hi father. He pays an annual rent of about £500, EplTt 8.1117 betsveei) Si Giles & Ovefoury, and it has occurL"cd to the PCC that th¢ sal¢ of This land could proi'ide a llsefi]l ii'indfall io Church finances. Thjs has spaiked a debat¢ a5 to who ow'iis the laiid. i.e ivlicdiei. it is Glebe Land. and hence property of the Diocese. or Church Laiid aild hence at the disposal of dje PCC. nie CUTfL'ilt i'tcw Is tiiar is Cliiirch land, aft¢r all tl is us, ]d noi the Dio¢ue, who enjoy the Teiit. but a scaTch for Titles wiihoiil ivhiLh it Nl'ould bc viyy dil'ficuli to s¢11 th¢ land, hxs ¥0 proved fruiiles5 in til¢ Br¢UoT) & Overbury rLm)rd¥-, and so we Jsk¢d th¢ Diocese to chcck iheir w"Lhiv¢s. This Nvil lJkL' linie and mighi nol pfoLillLe d ir5uii thib Y. bul we prebs on. To rC[L my comments of o yeaT a80, Wlth a favourablc outcome io all the p)ssibililics outlincd aknve (apart from thc landl I think we ,qhall ]1 manage to get Ihrough this year, but ?027 looks bleak. BredoJi¥ Norton Cliure Summary. 'folal Incomc for the year 2025 was £9.754 1£8.862 in '24) while expense5 were £7,056 {£6.6941. giwinLi an 0[ratiOnlI surplus of£2.698 {£2,521). Noii opcraiional incorne from inleregl In Invested funds was £559. however this was otr.%ei by Il devgL li1?110n in these funds of £668, rcduciiig the sU[uS forthe year lo £2.5891£3,486). InLvme. Incollje from Gift Aid & Plartneo Givillg was £5,052. a useful inLrea5e on last ycar's £J,857, Inostiy duc to higJ]¢T r¢gular donations lone exceptionally 501, and plat¢ donatio at £l,L89 'elL 16Q/. higher than the PiLVlOUS y6'S £L,O?5, whiLh is LnLoiJfd8ing, so a hrtfell Thank You is thie to hts contiibuie. Donati0Tr5 at £941 w¢re 40°I'D higher than in 20?4 thatths to a vcry getscroll% contribiitioii of £250 from the Bredons Norton Social Coll)mittee. £?60 frotn the carLt machijie •id there il'as £70 fiY)m .4uJpIu5 ai'ising from donatioi)s to the Mural project in the VillagL Telephoiie Box. We also held a iLry suice&sful Oigan Rccital in tlie ChurLh in whillj eininertt orgaiiists jan1 LanLeloi & Simon Gibsi)n d¢inonstrnt¢d th¢ wolld¢ of our historic Snetzler organ ik'hiLh rais¢d nearly £400. Ixpettditure. Total expenscs wcrc £7,056, 5igJ]lfart1 it1 were Ministry Sliare (£2.7531 which w'ould have bcen hi¥h¢r had li not en for a grant froin the Dio¢csan Minibtry Support Fund. which we have dpplieii for again this year. Oihcr big exi)enbe itcrns wcr¢ Jnsvrancc, £1,537, and elcrneiits of Church maintenance.. roofrepdiTs £808, Boilerindintenan¢e £248, and a new Si Gcorgc's flag. Oiher comments. All in all il been a good year income exceediiig expenditure. hnd total asset5 at year end up 5 /D over the vdlue 12 months a&TO. 115hould be noted that our reserve fijnds held & rnan2ged by CCLA ac(]1}, reLorded a loss in value of £668. laig¢ly offset by sotne £5(KJ IJ in*t¢81 & dividend iiicomc frotll bui in a year which recordcd sigllifJL4nl bains in UK & worldivide slock mai'keib thi5 wab a panicularly di52ppoiniing outcon. Unfoitunalely however oiir opiions for invesiing Ih¢s¢ funds LIge.her¢ aTe ¢xtr¢elY litnitcd. STRUCTURE. GOIPERNANCE AND MAliAGEMENT Opernting under the Parochial ChuiLh Countil Powers Measure 1956, the PCC 15 a co01t¢ body c%tabli.sliLd by the ChuiLh of Engyland. Th¥ only statutory sub-Lommitt¥¢ is the Stsnding Committ¢¥" ISCI. Ikxisions madc by thi SC ar¥ subjevt to rdtJfJLatLon by the full PCC ai its next meeiing. The parish of Br¢don ld BrLdon4 Norton Consists of Bredon villag¢, the villag¢ of Br¥doD'S Norton and the thL"ee sinaller villagL% of Wcs1maJ0Ic. Kinsharn a1 Bd011,5 At thc 2(iOI cei)sus the paiish had a populatioii ot. 2.72U OLLupyiJig 1.155 housLhulds of which a fraction OVCT half lived in Bredoji iisclt.. This populatjon was for¢LdSt lo i1(aS¢ by 5.SO/b by dic iiiiie of last yea¢b Ctt$Us, although the detailed figures for Br¢don have yet to cmerge. Page 3
BREDQN PAROCHIAL C.HURC.H C.OUNC.IL R¢rt of the Trnsttts roR THL YLAR LIYDED31 DECEMBER 2025 REFERENCE AND ADmIlsTRATI1'E DETAIIS Regllst¢rd Charity number 1129909 Prlhelpal address 'rhe VicaraBi Drdkes Rridge Roi Eckington Woiceslershi WR103BN Puge 4
BREDON PAROCIItAL CIIURCH COUNCIL RepTrrt ¢bf th¢ Trustu I."OR I"HE YLAR LNDED 31 DLCEMBER 21125 I'rM$tees Churchw#rd¢th$: Dr A Chaprnan {until April 2024) Mr% A Godsell Menibers i)f the Parochial Church Council {PCC} who have rVed from l J3nuary 2024 ulliil the date OJ'tlii8 r¢port IvcrL'-. liev A Davi¢9 Mrs G Streel¢r* Illon Treasurer frum 15 S¢plethber 2021 until April 2U241 Mrs D L tknny Mrs V M Ebbage# MrP M mlOW5 Icliurchwardui Br¢dtsn'$ Nort1) Mr5 P Friih Mrs A Godsell• Mrs Carol Miller. Mr Paul Mill¢r IPCC Secreiary from April 2023) Mr C Wolstenholme Mr J Raithin Dr A Chapn18n I Imiil Apiil 2024) Mr P Wliitehead # Mrs P Brumtnagt dejjotes Deanery Synod member IDS) d¢noies Stsnding CommittccmLmber ISCI t4redon's Nonon ChurLh OfiL¢r$". Mr P M M¢adow5 IChurthwaTdeLI Mr J Rallkin (Hon Trcasurei'l Mr M B&ttl (Saf¢ty Offi¢erl lTh¢ metl)od of appoinunent of PCC members is set out in the Church Kep]t%entlltion Ilule%. All Church attendees are eneouragTed lu reg151ei on the Electoi?l Roll aiid sliind for electioii to the PCC. Th¢ PCC 15 a charity re&YisleLEd with the Chority Commission. Wc rcgislcioj undcr Ihe natne 'The Parochial Chuirh CounLil vf lh¢ Eccl¢sia5tical Parisli of Si Giles. B d0 ill tile Diocese of WorcLster." Regjstered Nuinb¢r 1129909 and has a u'oikmg nlIe Of Br&lon PCC. Theie is one chanty and one trust with which the PCC is associated in collnection with St Giles Church, jL)ely.. The FTicnds of St Giles - Brcdon Meadow Tn¢ from which the PCC receiitt a reiitsl income. Independent Exgmllltr Clifton-criik Sliary) & Co. Ltd Cliartcred Accounianis ?A-3A MaTkcl Gate Pershorc Worc¢5tershite WRIO ID2 Pa8¢ 5
BREDON IbAROCIIIAL CIIIIRC.H COIJNCIL Repnrt of the Trustets FOR THE YEAR ENDLD 11 DECEMBER 2025 REFERENCE.4ND ADMIINISI'IL4TII'E DETAtL3 I'he Priest in Charge: Tho Revd Alli50n DaFies" The Rectory Drakc5 Bridgc Road Eckinglon Worcestet5hite WRIO 3BN Approi'ed by order of the bowKI of tn]stee5 011.. d $I¢d on its behalf by.. kaALo.,_ Trlislee Page 6
Indtpendenl ExamineWs Report to the Trusttes of Bredon PAro¢hial Church CouDeil IDd¢'pendent examiner's report to the trust¢e5 of BrLYlo• P&rochl41 Cbur¢h Countil I i¢port to thc cliariry tnite& on my exaillination of the acLDuii15 Of BIEdoa Parochial Church CouttLil libe Tiusll fvl" Ille yedf LThled 31 Dccctnber 2025. Responslbilitie5 basis of report A5 thL chai'ity. tjuslees of the TTUSt you reSnsIble for the prep8rntLOrt of thL accoullts ITh accordance with the requirements of the Charitie5 Act 2011 I'the Adl. I Teport in trspect of My examiiiation of the TTusYs accowits catTicd olli under Section 145 of the Act aiid In carryi118 our my ¢xamii]afton I have followed all applicable DircciioTrs given by the Cliarity COMMEF10 under Section 14515llbl tsf the Act. Independ¢Thl eiaminer's st&tem¢nt I l]ai¢ ¢oinpleted my examination. I cotffimi that Jnatetial matteTS hav¢ cotne to my attention in connection with thi examinatioJJ giving ntL caus¢ lu believe thai iji any material rcsp¢¢t". Ccountig rwrd5 wff¢ not kwt iii Tespea of ihe Tru51 r¢quir¢d b), Secti1 130 of the Act. or the a¢¢ounts do not accord wilh those record$- or the #¢¢ounts. do noi comply with the applicabk rcqiiircmcnts eonceming the rom i)nd ¢onimi of a¢¢oiint$ $ct out in thc Charitie5 (Accounts 2nd ReporL%I Re¥ulations 2008 other ihan any requircmeni thai the accounts give a true and fair view which is not a matter coi)sidered as part of an independenl examination. E have no concetns and havc cojiic acn)ss tm) Other rnattet5 iii coiuiectioll with Ilie examination to w'liich all¢ntioJi sjiould bc drdwn iii thL$ iepoL1 Èn Ordcr lo ¢nablc a prnpei" U]LIS10ndIng of the acc4)unts to b¢ reached. Mcinir Bird Clifton-crick Sharp & Co. Ltd Chartered A¢countants 2A-3A Market Gle Pershore Wotccsleishire WRIO IDZ Dat¢". Page 7
BREDON PAROCIIIAL CIIURCII C.OVNCIL Stat¢ment of fmaDcial Activiti FOR THE YEAR ENDED 31 DECL"MBER 2025 Jl.12.25 Total tkd5 31.12.24 Toial funds Unrestricted funds Restricled funds. Notes INC.OhlE AYD ENDOWMEI NT8 FROM Doiiations and IL8aciLS 58.949 59,002 65.798 Other trnding actiYitie5 Inve%imeni income Other income 17,170 1,604 9539 17,170 1,950 1.336 11,407 (353901 (26.1) Total 87,262 (3SJ37) 51,725 8ts.491 EXPEF+DITURE ON RNi%ing fuiid5 366 366 74 Charit#bl¢ #ctiviti&s chich Aciivili 1,260 1360 1.3_ Otlier 9_8116 3,7S2 9&868 91.146 Totsl 9fi742 3,752 100.494 9?.540 Nel gainsl(105SLS) on inyesirnents IlJ48) (lJ48) 3,133 NET INcolE1(ExPEr¥DlTLRE) {1828) {39,2891 (50,117) 18,9161 RECOiYCILtATION OF FUNDS Totsl fvrtdg brought fonvard 6S760 102.187 167,947 176,86.1 TOTAL IIWNDS CARIUED FORWARD 62,898 117.&10 167,947 Thc no1¢5 foNn part of thcse finiin¢ial stat¢inents Page 8
BREDON PAROCHLIL C.IIURCH COUNCIL BalRntÈ Sh¢et -11 DECE.NIBER 2025 31.1225 Tot81 31.1? 24 Total ruiids Unrestri¢¢ed funds R¢sthcl¢d funds Notc$ FIXED ASSETS Tangible assets Inve¥lm¢tJ15 2379 31,156 2.279 85,233 2,849 76.545 54,077 33.435 54.077 87,512 79,394 CURRENT ASSETS Dcblors Cash at bank and in hand 909 IS896 6,909 24,717 7,?94 83,877 8,821 228OS 8,821 Jl,626 91.171 CREDITORS An)ouni$ falling due within one year 11 JO8) (J J08) (*,618) PIET CURRENT ASSETS 21,497 8.8ZI 30J18 88.5_%3 I'OTAL ASSETS LESS CLRRLNT LIABILITIES 5£9.32 62198 117,830 167,947 NET ASSETS $4,932 62,898 117WO 167,947 FUNDS Uiucstrictcd fimds. Restricted timds 6S,760 102,187 6L898 TOTAL FUIYDS 117.830 167.947 11- 3-301 The finan¢ial sthtcincnts werc approTred by the Board of TnLS¢¢¢S and authth.ised for is5u¢ on .................................. Signed on ils behalt'by.. and wcre oaALc,_ Trust¢e The fornj pan of th¢ finfjncial siatthii¢tits Page 9
BREDON PAROCHL4L CHURCH COUNCIL Plotes to the Fin8N¢ial.8tat¢zneNts FOR THE YL4R ENDED 31 DECEMBER 2025 AccnuNTANC POLICILS B4$is of prerINg the financial st#ttThents The financial statements of the charity, whtcl) 1$ a piibli¢ benefit entiiy under FRS 102, have been PTepared in accordance with ie Chaijties .%ORP IFRS 1021 'Aibounling and Rcpoiling by Chariiies.. Statement tsf RccoTnmended Practice applicabl¢ lo ¢hJrili¢5 prep.J[Lg their aLcounis in accordallce willi die FinanLial R¢pvtting Standard applicable in the UK and Republic of Ireland IbRS 1021 (Lffeitive l January 2019),, FittanLial Reportillg Standard 102 The Fina]Jcial R¢porting s[andMI appliLabie in the UK and RLpublJL Ot. Ireland, and Charitle5 ALt ?01 l. The tinallctal staiemetlts have b¢tn prepared under the historiul cost Loiivention, with the exception of iJJvestsnLttts l¢h are Includ¢d at market value, &$ modifjed by the revaluari1 of ccrtain a&8Cts. Income All iiicome is recognÈsed ill the Statemei)r of Financial ACti]ties once the charity has eniitlemeni to the limds rt is probabl¢ tliat rhe irteome will be receiied and the dmounl can be m¢a5ui¢d liablY. Expenditur¢ Liabilitics trcognis¢d 0$ ¢xpcnditutr soon a5 theT¢ is a legal or ConstctiN.¢ obliBalion comtnittin8 the charity to that expciidiftir< it l5 probablc tliat a tran5fcr of cconomic benefjts will be reqiiited in 8enlem¢nt and fhe amount of the obligatton be Jneaskired reliably. Expelldilie is a¢wiinted for on 8n accruals basi$ ind has bc¢n classified uiider headings that awegai¢ till Lost r¢lated 10 Ih¢ ¢alegory. WTheTe ctibts Cal01 be direc(ly attributLN1 to particulor h¢ading$ they hAve been Ilvcllled tv Jclivities on a ba5]% CLTrn5isl¢nt with th¢ use ofresourees. Raising fwnds RenlJl inctsm¥ the lettinbJ of church pr¢mise$ is recognised ivhen the rentsLI is du¢. Tanglble fix asstls Depreciation is PTOVi(kd ai th¢ followinuT nnuul rll in oiyler to i1(¥ off Lach awt over its ¢¥tsWted useful life. Consecrated and beneficc pii)pcrty Lif any kind i5 excluded frorn (he financial sthteinenls by sl O(2Ka) of thc Chttnties Acl 2011. Moveable church fvrnishing$ held by the Re¢¢or And Churchwarden5 srkcial thist for the PCC and which require a faculty for disp)Slc l. are accoiinled foi. as inalienv4ble property iinless conseci?ied They are lisled in ihe ¢hui"ch's invclltory which ca Inspected dl any r&2sonable uine. For inalienable Jxoperty aequired PTJOT 10 1999 their 15 iDSUtTici¢nl cost infornilltion availabl¥ and theJetOlE sueh assets are not includLd In Ihe tindn¢ial 5tsilltn's. thEr¢ w'¢r¢ llo acquisitions of inalienable prop¢ty in this financial year. EquipmeEJt purchased for use in connection with the chTr]rth is depreciated on a [3]ghT line basis ovtr 5 y¢ar5 except of purchases of less than £l,IM)O 8JE TImen off whell made. T#x#t50 Tli¢ ¢InTY is ex¢tnpt tsx on ils charitsble artii'itie$. Fut)d tt0tIng UrkfL*tricted fviid% caD be U<£d in atLorylan¢e iiith the choTitablL objeLtive.% 81 the discTVtion ot the trustees. R¢slricted fui)ds can oiily be used for particular restricied puryoses lthil) th¢ objecLS of th¢ ¢harity. Restriclions aris¢ when 5P¢Lifie(J by Ihe donor or when (uiids are raised forparticul ieslT]d¢d purpos¢5. Page 10 coniJnue(L..
BREDON PAROCHIAL CHURCH C.OUNCIL Yotes to th¢ FinaTh¢ial Siatements- tontinu¢d FOR"fHE YEAR LNDED 31 DECEMBER 2025 ACCOUNT1Tr4G POLICIES- ¢ootinued Fund accounting Further explanation of the nature and puTpose of each fllnd is in¢luded in Ilie iioies to the financial slaieiiients. Funds General funds represen¢ Ilie funds of the PCC Ihat are subjeci io arty restrictions regarding ilieir use and are ai,. applicaijon for the geneiyl purSeS of the PCC. FullJs d¢si¥n&*d by (he PCC foi particular purposes 4lsu UlL's1C1ed. Restiictcd fijnds are tsnds Ill air to be used in aLLordartce ll'Idi %PLLitjL r&sts"ILti0118 iinpos¢d by donojs oi. Ivliiili hav¢ h¢en rdiSLd by thL' Lhurih for particular purposL's. The LQS¢ of rnjsing and admijiistering such futids arL LhargLd agaLnst the SPLiIIIL The financial $12leMlES iiiclude all trajjsaciions, ass% and liabihlies for which the PCC is respoJ]5ible ill law. Thcy do iiot in¢lude fiiiaE]cial staiements of chuich groups that their inain affiliaiiixi to another body nor those that are llifonnal gath¢riiig5 of church rn¢mb¢t5. OTHER T114DING ACTIVITIES -11.12.25 11.1??4 Fundraising events Parish Giving Other aciivill¢S 6,051 1283 9,236 1.950 17,170 1,950 INI'ESTMENT INCOlE 31.12.25 31.12.24 Rlt$ re£eived Dwosil accoullt interest 390 1314 390 946 1,004 1,336 Page 11 coniiiiued...
BREDON PAROCHIAL C.FJURCH C.OUNCIL Yotes to the Finanelal Statements- ¢OlltiAu¢d FOR THE YL4R ENDED 31 DECEMBER 2025 TRusfEES' RLMUNERAI'ION AND BETrIEfilTS There i¥eie no lrn.si, remunera¢ion or other benefits tor the year ended 31 Decembct •025 tLOi for the year end1 JI De¢emb¢T ?024. Trustees. expensos There wLrL' no trustL*S' LxpensLs paid tor the year e¢d 31 DeL¢ber 2025 nor tor the year 31 DeLember 2024. COMPARATIVES FOR TIIE STATEMEF4T OF FINANCIAL ACTIVITIES lJ]Jrestri¢t¢d fjJnd5 Re5triLThI furtiLs Total fiu]d5 INCOME AIYD ETrIDOWMEIYT.S FROM Don¥tjQnS and l¢gacit 57.736 65,798 Other mding acijiities IesnenT ii)come OiheT income .950 L,950 11.407 11,407 Totsl 72.076 8.415 80,491 EXPENDITURE C)N Raising fvnds 74 74 Chv4ritable xtivities 1,320 1.320 Other 82.817 8,329 91,146 Totsl 84,211 8 J29 92,540 Nct 8ains on invesniiejits 3,028 105 3,133 NET INCOP¥lFj(EXPENDuRE) 19.107) {8,916} RECONCILIATION OF FUNDS Tolal fuiid5 bTouglil forward 74,867 101,996 176,863 TOTAI. FUNDS CARRTF.D FORWARD 65.760 102.187 167,947 Page 12 ¢oniinue(L..
BRED()N PAROCkIIAL C.IIURCII COIINCIL Not¢s to th¢ Financial Statements- tfpntinutd FOR THE YEAR 31 DECLMBEK 2025 TANGIBLE fixED ASSETS Plant and mdLhiJiery cos'r At l January 2025 and 31 Decetnber 2025 2,849 DEPRECIATION CJL]rgu fvr year NET BOOK VALUE At I l DeLember2025 2?79 At 3 l Decanbcr2024 2,849 FIXED ASSET INvEsTIENTs Li5t¢d LllV¢StI)]¢nls MARKET VALUE Ar l January ?025 Additions Impaitmcllts 76,545 9,999 iiJiii At 31 De¢ember 2025 85333 YET BOOK VALUE Al 31 Deceimber 2025 ¥5333 Ai 31 Decemb¢r 2024 76,545 There were no investment due¢S ou¢$id¢ tli¢ UK. Cost or valuatioll at 31 December 2025 1$ Tepr¢sented by.. Listed Investrnent5 Valuation ill 2022 Valuation iu 2023 ValualJvJ] in 2024 Valualion in 2025 Cu¥1 8,193 7.626 4J08 IlJ13J 6@419 85,2J3 Page 13 continucd...
BREDON PAROCHTAL C.IIURCII COIINCIL NDte5 th tbe Flnonc191.8tat¢monts- eomtinued FOR THE YEAR ENDED 31 DECEMBER 2025 FIXED ASSL't' INVESTlENTS- continued If the Jnvesimcnts h2d iiot been r¢valu¢d they would havc been iOLluded at the following hisloti¢al cost.. 31.12.25 31.12.24 Cost 66,419 56,419 rixed asset investsmenls wer¢ valu¢d on lin open rnaTk¢t basis b&sis 31 D¢Gember 2025 by ihirdparty valuation.. DEBTORS: AMOUNTS FAI,LING DUE WITHIN OYE YEAR 31.12.25 31_12.24 Other debtots 6,909 7,294 CREDITORS: AMOL'NTS FALLING DUE WITHIN ONE YEAR 31.12.25 31.12.24 Trad¢ creditor5 Other creditors 1,310 1,-108 IJ08 2.618 io. MOVEMENT IN FLINDS Net niov¢rneni in funds Al 31.12.25 At 1.1.25 Ilnre5tricted fund5 St Gile% fliur¢h. Bredon Brcdon'5 fyorton Churcli 29,773 35,987 (13,4191 2591 16J44 38,578 65.760 {10,828) 4932 Re51rietcd funds Bell Fund Organ FLd FabTiC Fund Bell Fu Toilet Trund 919 43ffj94 11,712 10272 -15590 13 {3,712) 932 39,982 11,712 10272 (35,590) 102.187 139,289) 62,898 TOTAL FUNDS 167.947 {$11,117) 117J3 Page 14 eOTbtinued...
iIKEDON PAROCIIIAL CHURCH C.OUNCIL Tr4tst¢$ to thc Financial.Statements- tDntitLucd TrOR THE YEAK LNDED 31 DLCEMBEK 21125 io. MOVEMENT IN FUNDS- contlnued Net nvemen( ID fvE]d& included ill the above are &$ follows.. Incoming resourecs ReurceS expEnd¢d Gains and 1055es Moi ement iJ] funds Unrestricted funds Si Gjles Chuich, Bte¢Ju Br¢don's Norton Cliureh 76,777 10,485 (1$9,61651 17,0571 15111 1837) 113,4191 2,591 87,262 (96.7421 (iJ48) Re¥triLted fund5 Bell fund Orgwi Fund 'roilel Fund 53 140) (3.712) 13 13,7121 135,8901 135,590) 135.5.17) 13.7421 (39,2¥9) TOTAL FUNDS SA,725 1100.4941 {1.1481 {50,117) Comparatives for m•v¢meNt in lunds Net tnoiemen¢ in fullds At 31.12?4 Ai 1.1.24 Unrtytricted funds St Cjileg ChUh. BFedan Bredoii's Nvrt(ni Church 41,600 1_3,267 111.8971 2.72U .35.9¥7 74.867 {9.1071 65,760 Restricted funds Bell Fwid OT¥an Fund rabrii fuiid Bcll fiind Toilci Fund 759 44.710 160 (1,0171 919 43,693 11,712 10,272 35.591 9,814 35,0(M) 458 591 101.996 102,187 TOTAL FUNDS 176.863 18.9161 167,947 Pa8e IS coi?tiT)ucd...
BREDON PAROCHIAL C.IIIJRC.TrI C.OUNCIL Notes to th¢ Financi81 Stafement5- tODtlnued FOR THE YEAR ENDED 31 DECEJULR 2025 io. MOVEMENT FUNDS- tontthucd Cotnpar3tivc ncl mov¢menr in funds, Irlded in the oknve a as follow5.' Incoming resources Resource$ ¢xpended Gairjs and losses Moi'emertt in fonds unrtrIe1 fttrhds St Giles c.hurch. Lliedon lIrLo,S Norton Church 64,093 7,983 178,0881 (6,1231 2,168 860 111,8271 2,720 7?.076 {84,211) 3.028 19,1071 Re8tricled funds BLII Trund Orgun Fiilld Fdbrii Fiind Bell fund Toilet fund 212 (521 {1,0171 160 (1.0171 353 7,851 105 458 591 (7,2601 8.415 (8J29) 105 TOTAI. FUNDS 80,491 192,540) 3,133 18.9161 A current year 12 Inonths lind prior year l? months combined position is as follows: movement in funds Al 31.12.25 At 1.1.24 Vnre5trictLYl fuDd5 St Cjilcs Chutch. Brtdoii BdOn'5 Nortvn ChurLh 41,6CK> 33,267 (25246) 5.311 16.i54 38.57B 74,867 119,935) RestrIed fund$ Bell lund 0%n l.uiid ribnc Fiind Bcll E.'iind Toilct fund 759 44,710 9.12 39,981 14,7291 9.814 35,000 458 {34.9991 10,272 101,996 (39.0981 62,898 TOTAL FUNDS 176.863 {59,033) 117,830 PC 16 ntinued...
BKEDON PAROC.FItAL CHURCII COLINCIL (Jto$ t• the Fingncial Statements- cDrttinued FOR I'HE YEAR ENDED 31 DECEMBLR 2025 io. VJOVEIKEf4T IN FUIYDS- eontitiued A currenl ye8r 12 months and prior year 12 othS combined net n)ovemen( in funds. illcluded in the ab)i'e are as follows.. InCOlg rcsourccs Resources exppnd¢d Gains and losses Moi¢tn¢nt in tiind5 UDre5tricted fund$ Si Gileg Church, Biydon BJYdon'5 Norto]i Chllreh 140,870 18.468 1167,7731 (13.1801 1,657 23 5,?46) 159.338 (18U,95J) 1.680 (19.935) Rutri¢ted funds BLII Fund Organ Fund Fa]¢ Fund B¢ll Fuiid Toild Fund (4.729) 14,7291 353 {27.739) 105 458 {34.9991 17.2601 {27.122) 112,0811 105 {39.0¢)8) TOTAL FUNDS 132.216 (193,0341 1.785 159,033) RELATED PARTY DISCLUSURES There were no relai¢dpany transa¢1ions for the yearended 31 D¢¢¢nibcr 20?5 Page 17
BREDON PAROCIIIAL CIIIIRCII C.OIIPiCIL DetAlJed Statement olTrinan¢iil Aetivitie$ FOR THE YEAR EIYDED 31 DECEMBER 2025 31.12.25 31.12.24 INCOME AND ENDoWlEN.rS Don9tlons and kg¢ie$ Donations Gifl aid WeddinbF llnil Funet2J liilome 9A52 42.037 7513 24.226 29,991 59,002 65.798 Other trading activities FundTai%ing •ents Parish CJIn Other aciiviti 6,651 1383 1.950 17.170 1.950 Investellt income ReJii¥ ceiVed Deposii accoiiiit interesi 391) 1214 1.604 ,3.16 Otber in¢om¢ MabFuzine in¢ome Church roon) hire Repuyrncni of donaiions 165 9J74 (35,590) 6.636 4.771 126,051) 11,407 To¢al incoming tewurc¢s 51.725 80,491 EXPENI DITURE Rbln¥ donatlons and le%acie5 Fundraising costs Iiit¢iE5t payable 356 21 53 356 74 Other Parish share Camed foTh¥ar(I 2¥.727 28,727 22,274 22.274 This page does ]Jot fomi patt of the statOry fit]an¢ial st¥itcrn¢nts Page18
BREDON PAROCHL4L CHURCH C.OUNCIL Detgiled Statemtnt of Financial Attivities FOR THE YEAR ETr4DED 31 DECEMBER 2025 31.12.25 31.12.24 Other Brought forward Church njnning costs Mittisty expenses Lnsurance ChurLh n]aitLtenance Mdg2zine expeoses SuDdries Upkeep of service5 Cl)aritable giwiti Renl Bookkccping Profc55ional fees Ligyht & heal Pariqh SCCTCtary Plant And Inachincry 2&727 1,73Z 22.274 1.358 1,863 7,3.14 17,319 9,097 343 28,502 7Z3 1,024 l.J31 1,422 3(Ml 2,500 9.186 8214 199 570 8.976 4,914 98,868 91.146 Support Costs Finance Bank charg¢5 io Govert)¥n¢e ¢0$ AuJik)rs' i¥JnleraIioll 1,320 Toial resources expended IIMI.494 9?.540 Net expendi¢ure before gainb and losses 148,7691 112,0491 R¢Allsed recogni5ed gain5 and 1055es Realised gaing{lossesl on fixed asset uive5tments {iJ48) 3.133 Net expeDditure (50,117) (8.916} This page does not fom part of th¢ 5totuiory financial staitm¢nts P8g¢ 19