2025-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of St Andrew, Bedford

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW, BEDFORD

REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDING

31 DECEMBER 2025

CONTENTS Pages Trustees’ Report 1 -5 Independent examiner's report 6 Statement of financial activities 7 Balance sheet 8 Financial Statements 9,12-18 Notes to the financial statements 10-11

The Parochial Church Council of the Ecclesiastical Parish of St Andrew, Bedford, is registered with the Charity Commissioners for England and Wales (Charity no. 1130171.)

PAROCHIAL CHURCH COUNCIL OF ST ANDREW BEDFORD

TRUSTEES’ REPORT FOR THE YEAR ENDING 31 DECEMBER 2025

Aim and Purposes

The Parochial Church Council has the responsibility of co-operating with the Incumbent, the Reverend Canon Lucy Davis, in promoting in the ecclesiastical parish of St Andrew, Bedford, the whole mission of the Church, pastoral, evangelistic, social and ecumenical. It also has responsibility for the maintenance of the Parish Church and Church Centre.

Objectives and Activities

When planning our activities for the year, we have considered the Charity Commission’s guidance on public benefit, and the supplementary guidance on charities for the advancement of religion. In particular, we try to enable ordinary people to live out their faith as part of our parish community through:

Worship and prayer; learning about the Gospel; and developing their knowledge and trust in Jesus.
Provision of pastoral care for people living in the parish.
Missionary and outreach work.

Achievements and performance

Worship and Prayer

We have continued to offer two services of Holy Communion each Sunday - at 8 am and 10 am. There is also a regular Wednesday morning Communion Service. Morning and Evening Prayer are offered from Monday to Friday along with Compline on Fridays, and Morning Prayer on Saturdays.

All are welcome to attend our services, which are publicised on our website. People unable to be present in person have been invited to join services via a livestream on YouTube or on Zoom.

As well as our regular services, we enable our community to celebrate and thank God at the milestones of life’s journey. In 2025 we held 15 baptisms and celebrated 3 weddings, and one wedding blessing (2024 -12 baptisms and 1 wedding). We held 10 funerals in our church and conducted 15 funerals elsewhere on behalf of this church (2024 - 9 in church and 10 elsewhere).

Pastoral Care

Our Anna Chaplain, St Andrew’s Visitors, and clergy visit those from the Parish who are unwell, housebound or in hospital. Once a month, in partnership with Neville’s funeral directors, a bereavement group ‘Talking Elephants’ is held, and is open to the whole community. ‘Coffee and Company’ also continues to reach out and offer fellowship to those who may be lonely. In addition, services of Holy Communion are celebrated at Airedale and Charterhouse nursing homes once a month.

Mission and Evangelism

The congregation continues to support three charities carrying out God’s work in the world; in 2025 these Mission Partners were: Pajule in Uganda through World Vision, Home for Good, and Emmaus Carlton.

St Andrew’s is committed to social justice as mission. We are a certified Real Living Wage employer and are officially an ‘Inclusive Church.’

Members of St Andrew’s to volunteered at Bedford Winter Night Shelter, and the warm room at St Paul’s Bedford. We have an ongoing collection point for Bedford Food Bank

Our Church Centre hosts numerous local groups, including charities supporting people living with dementia, experiencing poor mental health, or bereaved by suicide or baby loss.

Ecumenical relationships

The church is a member of Churches Together in Bedford.

Deanery Synod

Five members of the PCC sit on the Bedford Deanery Synod. This provides the PCC with an important link between the parish and the wider structures of the church.

Buildings

The Quinquennial Inspection in 2022 commented that the buildings were in a ‘very good’ state of repair. This year has seen us complete the repairs to the chapel end wall, repair the drains and new white lining in the carpark. In addition, we have now installed reactive’ doors to the main entrance to the foyer.

Financial review

Net Deficit in 2025 was £2,745. Net Deficit in 2024 was £27,305.

Of the Income of £432,873 (2024 £429,018), the major changes from 2025 were:
Planned Giving fell to a total of £148,649 (down from £150,513)
Hall Trust grant to fund the repairs to the chapel end wall (£4,800)
The Hall Trust funding of salaries and expenses was £111,996, (2024 £114,484)
Church lettings income increased to over £45,000 (2024 £43,700)
Fundraising totalled £6,635 while the Christmas donations totalled £4,170.
Of the Resources Expended of £435,718, (2024 £456,323) the major changes were:
Fund Raising and Charitable Giving together totalled over £45,106, which includes a single donation of £18,750) – up from the 2024 (over £21,700)
Parish Share was up at £141,466 (2024 133,884)
Salaries were slightly up at £114,855
Church repairs were £16,520 (2024 £20,256)
Church energy costs were down to just under £10,800 (2024 £23,146)
Church Centre repairs were £24,887 (2024 £22,458)
Church Centre energy costs down to just under £5,200 (2024 £11,891)
Church House costs were £7,966 (2024 £3,470)

Reserves

Unrestricted Reserves

The PCC has a reserves policy of one year’s expenditure; this policy was reviewed in 2025. At the end of 2025 the balance of the free reserves was £711,639.

Restricted Reserves

Restricted reserves can only be spent for the purposes for which they were originally donated. At the end of 2025 the balance of the restricted reserves was £7,059.

It is our policy to invest cash balances over and above those required to fund day to day expenditure with the CCLA Church of England Deposit Fund.

Legacy Policy

A legacy policy was reviewed in 2025.

Structure, governance and management

The Parochial Church Council of the Ecclesiastical Parish of St Andrew, Bedford, is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure. The PCC is a registered charity.

The method of appointment of PCC members is set out in the Church Representation Rules. In this parish, the membership of the PCC consists of the incumbent (our vicar), the curate, 2 churchwardens, 5 members of Deanery Synod, 15 members elected by those members of the congregation who are on the electoral roll of the Parish.

Administrative information

The Parish Church of St Andrew is situated on Kimbolton Road, Bedford, MK40 2PF. The Parish is part of the Diocese of St Albans within the Church of England. The correspondence address is The Parish Centre, Kimbolton Road, Bedford, MK40 2PF. Registered charity number 1130171.

PCC members who have served at any time from 1 January 2025 until the date this report was approved are:

Incumbent	The Rev’d Canon Lucy Davis
Curate	The Rev’d Joseph Barnes	(until 26thJanuary 2025)
Churchwardens	Ian Riches
	Michele Swales
Representatives on Deanery Synod	Gareth Burrows
	Elisabeth Thorne	(until 17thSept 2025)
	Jenny Tomlinson
	Timothy Papworth
Ex officio	Sheila Bissell (Diocesan and	General Synod)
Other Elected Members	Rachel Ajagbonna	(from 11thMay 2025)
	Harry Bagnall	(from 11thMay 2025)
	Dermot Collins	(from 11thMay 2025)
	Martin de Graft Johnson
	Viki Evans
	Christine Garrett	(until 17thNov 2025)
	Will Good	(from 11thMay 2025)
	Angela Huddart
	Roseanne Kinvig Love
	Lionel Mayoh
	Jo Newton

(untl 11° May 2025). Tlrn (tsrdl 11:. May 2025> (1 11th May 2025) {unth 11th 2025) (untA 11* May 2023) Rwb•y Tl#rn (frcffi 11• 2026) 11th Mty 2qY25) LUL O&viS

Independent Examinerfs Report to the Parochial Church Council of St Andrew, Bedford I report on the accounts of the Parochial Church counc of St Andrew. Bedford for the year ended 31 Decernber 2025, whlch arè set out on p3986 7 to 18. R•ope¥• R#poMibiliti of Thhtèè artd exathirtèit A8 th8 charitys trustees you are resportsible for ts preparth cAthe aCcnts in aCcOn With Ihe requirtmeNs oftr Charw Act 2011 Acr). I rés1 in tespt of ftty 6xaminatth of th6 PCC'S ac¢<xJfts tatflèd Oul undèr 145 of the 2011 Act and in rying out my examination I have ftAkAved all the applicable Dir¢cth)ns given ty the Charity Commissw)n urvJ•r 145(SMb) of the Act Ind•nd•t Examln•e• Slatwtmnt Thè ChariV8 gr[ incomp èXEéeded £250,000 l arrl qualifd to utidetské the examination by beww a qualifd rngmbor of the In8tiith of Chartored Auxwntants in England and Wales. I havè c(ImplEled nty examtnatKJn. l Ihal material rnalterg have to ffly attenti¢)n in connactlon the examination gmng me cause to believe that in any matsrlal 1. accounting records w8r8 nrt k8[ in r8sp&X of th8 Charity as wuired by section 130 ot the Act: 3. the arKount5 dg not compEy wrth the applK&bk rEquirwnents GnmIl9 the fwm and conlent of accounts Set oul In the Charitles (Accounts arKI ReFth8) Regulatlon8 2008 other than any requirnment thEi the accoun1¥ give a and fair vi, which 18 not a matter C(sler8d as part of 0Xninat. 8xaminatKJn to vthich attenlion shcyjkl be drawn In thls rwt In order to enablo a proper GP 18k8 SEM FCA Chartered A¢c)urrtanl 32 Connaught BEDFORD MK417L8 MLl 2026

PAROCHIAL CHURCH COUNCIL OF ST ANDREW, BEDFORD

STATEMENT OF FINANCIAL ACTIVITIES

For the year ended 31 December 2025

			2025				2024
		Unrestricted	Restricted		TOTAL	Unrestricted	Restricted	TOTAL
	Note	Funds	Funds		FUNDS	Funds	Funds	FUNDS
		£		£	£	£	£	£
Income and Endowments from:
Donations and legacies	2(a)	210 129	124	914	335 043	194 243	131 086	325 329
Charitable activities	2(b)	4 059	4	630	8 689	2 387	3 816	6 203
Other trading activities	2(c)	60 706	4	457	65 163	53 830	22 333	76 163
Investments	2(d)	24 078		-	24 078	21 323	-	21 323
Total		298 972	134	001	432 973	271 783	157 235	429 018
Expenditure on:
Raising funds	3(a)	12 672	4	457	17 129	9 429	3 142	12 571
Charitable activities	3(b)	289 045	129	544	418 589	265 647	178 105	443 752
Total		301 717	134	001	435 718	275 076	181 247	456 323
Net Expenditure		(2 745)		-	(2 745)	(3 293)	(24 012)	(27 305)
Net gains / (losses) on investments	9(b)	(21 143)		-	(21 143)	13 231	-	13 231
(Unrealised)
Net movement in funds		(23 888)		-	(23 888)	9 938	(24 012)	(14 074)
Reconciliation of funds:
Total funds brought forward		1 470 810	7	059	1 477 869	1 460 872	31 071	1 491 943
Transfer of funds		-		-	-	-	-	-
Total funds carried forward		1 446 922	7	059	1 453 981	1 470 810	7 059	1 477 869

The accompanying notes are an integral part of these financial statements.

T8TrJ)bfMd ¥Ya) 9fft1 IW.017 IJ02•9 io 1S,155 125 138.s91 1¥1141 b•nk KI in hthd 147. 12 83.021 03.821 74,570 FUND9 13 14 1.470.810 7,059 TOT FUIIDS 41 SW oft U beMWW IOIOZ 120aL

PAROCHIAL CHURCH COUNCIL OF ST ANDREW, BEDFORD

CASHFLOW STATEMENT

For the year ended 31 December 2025

Reconciliation of net incoming / (outgoing) resources to net cash inflow from operating activities Net Outgoing resources Loss / (Gain) on investments Depreciation of assets Decrease / (Increase ) in stock Decrease / (Increase) in debtors Increase / (Decrease) in creditors Net cash inflow from operating activities Management of liquid resources Dividends received and reinvested Increase in cash Net Funds at 1 January 2025 Net Funds at 31 December 2025	2025 2024 £ £ (23 888) (14 074) 21 143 (13 231) 24 799 25 278 - 10 200 (2 877) (782) (10 089) 30 706
	9 088 38 097 (2 960) (2 882)
	6 128 35 215 123 436 88 221
	129 564 123 436

The accompanying notes are an integral part of these financial statements.

PAROCHIAL CHURCH COUNCIL OF ST ANDREW, BEDFORD

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2025

1 Accounting policies

The financial statements have been prepared in accordance with Part 8 of the Charities Act 2011, the Church (Accounts & Reports) Regulations 2008, together with applicable accounting standards and the Statement of Recommended Practice on Accounting and Reporting by Charities SORP (FRS102).

The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value.

Funds

General funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC. Funds designated for a particular purpose by the PCC are also unrestricted.

The accounts include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body nor those that are informal gatherings of Church members.

Incoming Resources

Voluntary income and capital sources

Collections are recognized when received by or on behalf of the PCC. Planned giving receivable under Gift Aid is recognized only when received. Income tax recoverable on Gift Aid donations is recognized when the income is recognized. Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement, the amount due is quantifiable and its ultimate receipt by the PCC is reasonably certain.

All fundraising, and sales of books and magazines are accounted for gross.

Other income

Rental income from the letting of church premises is recognized when the rental is due.

Income from investments

Dividends are accounted for when due. Interest entitlements are accounted for as they accrue. Tax recoverable on such income is recognized in the same accounting year.

Gains and losses on investments

Realized gains or losses are recognized when investments are sold. Unrealized gains or losses are accounted for on revaluation of investments at 31 December.

Resources used

Grants

Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC.

PAROCHIAL CHURCH COUNCIL OF ST ANDREW, BEDFORD

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2025

Activities directly relating to the work of the Church

The diocesan parish share is accounted for when paid. Any parish share unpaid at 31 December is provided for in these accounts as an operational (though not a legal) liability and is shown as a creditor in the Balance Sheet.

Fixed assets

Except as stated below, fixed assets are stated at cost less depreciation and impairment.

The tangible fixed assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable. The carrying values of fixed assets are considered impaired when the anticipated undiscounted cash flows from such assets are less than their carrying values. In that event, a loss is recognised based on the amount by which the carrying value exceeds the fair value.

Consecrated land and buildings and movable church furnishings

Consecrated and beneficed property of any kind is excluded from the accounts by the Charities Act 2011.

Movable church furnishings held by the Vicar and Churchwardens on special trust for the PCC, and which require a faculty for disposal, are accounted for as inalienable property unless consecrated. They are listed in the church’s inventory, which can be inspected (at any reasonable time). For inalienable property acquired before 2000 there is insufficient cost information available and therefore such assets are not valued in the accounts. Items acquired since 1 January 2000 have been capitalized and depreciated in the accounts over their currently anticipated useful economic life on a straight-line basis. With regard to the organ purchased in 2016 this will be depreciated over 53 years. The depreciation commenced during 2018 and from 2019 the balance of the capital cost will be spread over 52 years, thereby resulting in a depreciation charge of £10,000 in each of those years.

Depreciation is to be charged on the Church Centre on a straight-line basis over its expected useful economic life of 50 years.

Other fixtures, fittings and office equipment

Fixtures & fittings and office equipment used within the church premises are depreciated on a straight-line basis over their expected useful economic lives. Individual items of equipment with a purchase price of £1,000 or less are written off when the asset is acquired. Repairs and maintenance expenditure is written off as incurred.

Investments

Investments are held at market value, being the bid-price at the balance sheet date.

Current assets

Amounts owing to the PCC at 31 December in respect of fees, rents or other income are shown as debtors less provision for amounts that may prove uncollectable.

Short-term deposits include cash held on deposit either with the CBF Church of England Funds or at the bank.

PAROCHIAL CHURCH COUNCIL OF ST ANDREW, BEDFORD

NOTES TO THE FINANCIAL STATEMENTS (continued) For the year ended 31 December 2025

					2025				2024
				Unrestricted	Restricted		TOTAL	Unrestricted	Restricted		TOTAL
			Note	Funds	Funds		FUNDS	Funds	Funds		FUNDS
2	Income and Endowments			£		£	£	£		£	£
	2(a)	Income from donations and legacies
		Planned giving		148 649		-	148 649	150 513		-	150 513
		Income tax recovered		39 175		-	39 175	36 218		-	36 218
		Loose Plate		2 659		-	2 659	2 866		-	2 866
		Christmas collections		-	4	170	4 170	-	3	000	3 000
		Sundry donations and Legacies		19 646		-	19 646	4 646		-	4 646
		Hall Trust Grant - Salaries and Expenses		-	111	996	111 996	-	114	484	114 484
		Hall Trust Grant - Projects		-	4	800	4 800	-	6	801	6 801
		Friends of St Andrew's		-	3	948	3 948	-	6	801	6 801
		Total Income from donations and legacies		210 129	124	914	335 043	194 243	131	086	325 329
	2(b)	Income from charitable activities
		PCC Fees		4 059		-	4 059	2 387		-	2 387
		Diocesan Fees		-	4	630	4 630	-	3	816	3 816
		Total Income from charitable activities		4 059	4	630	8 689	2 387	3	816	6 203
	2(c)	Income from other trading activities
		Church Centre lettings	8(a)	45 013		-	45 013	43 742		-	43 742
		Fundraising	5(a)	2 178	4	457	6 635	2 112	3	142	5 254
		Concerts at St Andrew's		11 367		-	11 367	7 875		-	7 875
		Fairtrade at St Andrew's		-		-	-	-	19	191	19 191
		Solar panels		1 915		-	1 915	-		-	-
		Photocopying and miscellaneous		233		-	233	101		-	101
		Total Income from other trading activities		60 706	4	457	65 163	53 830	22	333	76 163
	2(d)	Income from investments
		PCC Dividends		6 649			6 649	6 504		-	6 504
		PCC Interest		3 625			3 625	1 808		-	1 808
		KP Trust
		Capital Fund		10 246		-	10 246	9 997		-	9 997
		Income Fund		2 777		-	2 777	2 712		-	2 712
		Interest		781		-	781	302		-	302
		Total Income from investments		24 078		-	24 078	21 323		-	21 323
	TOTAL INCOME AND ENDOWMENTS			298 972	134	001	432 973	271 783	157	235	429 018

PAROCHIAL CHURCH COUNCIL OF ST ANDREW, BEDFORD

NOTES TO THE FINANCIAL STATEMENTS (continued) For the year ended 31 December 2025

Note 3 Expenditure 3(a) Expenditure on raising funds Fund Raising 5(b) Concerts at St Andrew's Total Fund-raising and publicity 3(b) Expenditure on charitable activities Diocesan Parish Share Diocesan Fees Salaries and Expenses 6 Fees 6 Ministry expenses Upkeep of services Church - Energy costs Church - Minor repairs & insurance Education Magazine expenditure Church Centre - Energy costs 8(b) Church Centre - Minor repairs & insurance 8(b) Church House maintenance Fairtrade at St Andrew's - purchases 14 Fairtrade at St Andrew's - expenses 14 Fairtrade at St Andrew's - donations 14 Charitable giving 4 Printing and stationery IT developments and support costs Postage and sundries Creation care Depreciation 9(a) Total Expenditure on charitable activities TOTAL EXPENDITURE	2025 2024 Unrestricted Restricted TOTAL Unrestricted Restricted TOTAL Funds Funds FUNDS Funds Funds FUNDS £ £ £ £ £ £ 1 329 4 457 5 786 1 585 3 142 4 727 11 343 - 11 343 7 844 - 7 844
	12 672 4 457 17 129 9 429 3 142 12 571 141 466 - 141 466 133 884 - 133 884 - 4 630 4 630 - 3 816 3 816 2 859 103 730 106 589 242 106 564 106 806 - 8 266 8 266 - 7 920 7 920 1 752 - 1 752 2 503 2 503 7 097 1 286 8 383 7 514 - 7 514 10 777 - 10 777 23 146 - 23 146 11 720 4 800 16 520 13 455 6 801 20 256 4 291 - 4 291 3 713 - 3 713 1 238 - 1 238 1 767 - 1 767 5 183 - 5 183 11 891 - 11 891 22 225 2 662 24 887 15 657 6 801 22 458 7 966 - 7 966 3 470 - 3 470 - - - - 17 976 17 976 - - - - 248 248 - - - - 24 979 24 979 35 150 4 170 39 320 14 000 3 000 17 000 2 391 - 2 391 2 574 - 2 574 8 747 - 8 747 5 582 - 5 582 1 257 - 1 257 660 - 660 127 - 127 311 - 311 24 799 - 24 799 25 278 - 25 278
	289 045 129 544 418 589 265 647 178 105 443 752 301 717 134 001 435 718 275 076 181 247 456 323

Note
3
Expenditure
3(a) Expenditure on raising funds
Fund Raising
5(b)
Concerts at St Andrew's
Total Fund-raising and publicity
3(b) Expenditure on charitable activities
Diocesan
Parish Share
Diocesan Fees
Salaries and Expenses
6
Fees
6
Ministry expenses
Upkeep of services
Church - Energy costs
Church - Minor repairs & insurance
Education
Magazine expenditure
Church Centre - Energy costs
8(b)
Church Centre - Minor repairs & insurance
8(b)
Church House maintenance
Fairtrade at St Andrew's - purchases
14
Fairtrade at St Andrew's - expenses
14
Fairtrade at St Andrew's - donations
14
Charitable giving
4
Printing and stationery
IT developments and support costs
Postage and sundries
Creation care
Depreciation
9(a)
Total Expenditure on charitable activities
TOTAL EXPENDITURE

2025
2024
Unrestricted
Restricted
TOTAL
Unrestricted
Restricted
TOTAL
Funds
Funds
FUNDS
Funds
Funds
FUNDS
£
£
£
£
£
£
1 329
4 457
5 786
1 585
3 142
4 727
11 343
-
11 343
7 844
-
7 844

12 672
4 457
17 129
9 429
3 142
12 571
141 466
-
141 466
133 884
-
133 884
-
4 630
4 630
-
3 816
3 816
2 859
103 730
106 589
242
106 564
106 806
-
8 266
8 266
-
7 920
7 920
1 752
-
1 752
2 503
2 503
7 097
1 286
8 383
7 514
-
7 514
10 777
-
10 777
23 146
-
23 146
11 720
4 800
16 520
13 455
6 801
20 256
4 291
-
4 291
3 713
-
3 713
1 238
-
1 238
1 767
-
1 767
5 183
-
5 183
11 891
-
11 891
22 225
2 662
24 887
15 657
6 801
22 458
7 966
-
7 966
3 470
-
3 470
-
-
-
-
17 976
17 976
-
-
-
-
248
248
-
-
-
-
24 979
24 979
35 150
4 170
39 320
14 000
3 000
17 000
2 391
-
2 391
2 574
-
2 574
8 747
-
8 747
5 582
-
5 582
1 257
-
1 257
660
-
660
127
-
127
311
-
311
24 799
-
24 799
25 278
-
25 278

289 045
129 544
418 589
265 647
178 105
443 752
301 717
134 001
435 718
275 076
181 247
456 323

PAROCHIAL CHURCH COUNCIL OF ST ANDREW, BEDFORD

NOTES TO THE FINANCIAL STATEMENTS (continued) For the year ended 31 December 2025

				2025				2024
4	CHARITABLE GIVING		Unrestricted	Restricted		TOTAL	Unrestricted	Restricted		TOTAL
			Funds	Funds		FUNDS	Funds	Funds		FUNDS
See	note		£		£	£	£		£	£
L	Bedford Winter Night Shelter		2 000		-	2 000	527		-	527
N	Children's Society (Christingle, Outreach)		-		270	270	527		200	727
I	Christian Aid		-	3	900	3 900	-		-	-
L	Emmaus, Annual Grant and, Donation		11 050		-	11 050	4 000		-	4 000
N	Home	for Good - Annual Grant and Donation	11 050		-	11 050	-	1	400	1 400
I	Leprosy Mission		-		-	-	180		-	180
N	Trussell Trust		-		-	-	4 000		-	4 000
I	World	Vision UK - Pajule - Annual Grant and Donation	11 050		-	11 050	4 240		-	4 240
I	World	Vision UK - Middle East Appeal	-		-	-	526	1	400	1 926
	Total Charitable giving		35 150	4	170	39 320	14 000	3	000	17 000
	Note : L = Local, N = National, I = International
5	FUND	RAISING		2025				2024
			Unrestricted	Restricted		TOTAL	Unrestricted	Restricted		TOTAL
			Funds	Funds		FUNDS	Funds	Funds		FUNDS
	5(a)	INCOME	£		£	£	£		£	£
		Cake sale - Home for Good	-		31	31	-		-	-
		Christmas Lunch (2023)	-		-	-	-		368	368
		Christmas Lunch (2024)	-		-	-	-		542	542
		Christmas Lunch (2025)	-		581	581	-		-	-
		Coffee and Company	-		734	734	-		842	842
		Coffee and Tea	2 019			2 019	1 893		-	1 893
		Crib Festival	-	1	299	1 299	-		-	-
		Foyer coffee	-		-	-	24		-	24
		Lent Lunches	-		715	715	-		475	475
		Pancake supper	159		-	159	195		-	195
		St Albans Harvest Appeal (2024)	-		-	-	-		617	617
		St Albans Harvest Appeal (2025)	-		808	808	-		-	-
		World Vision UK - Pajule - Lunch	-		289	289	-		298	298
			2 178	4	457	6 635	2 112	3	142	5 254
	5(b)	EXPENDITURE
		Catering etc	45		-	45	165		-	165
		Cake sale - Home for Good	-		31	31	-		-	-
		Christmas Lunch - Home for Good	-		-	-	-		455	455
		Christmas Lunch - WV UK - M E Appeal	-		-	-	-		455	455
		Christmas Lunch (2025) - Night Shelter	-		100	100	-		-	-
		Christmas Lunch (2025) - Expenses	-		481	481	-		-	-
		Coffee and Company - Childrens Society	-		367	367	-		315	315
		Coffee and Company - Salvation Army	-		-	-	-		200	200
		Coffee and Company - V Taylor Trust	-		367	367	-		200	200
		Coffee and Company - expenses	-		-	-	-		127	127
		Coffee and Tea	943		-	943	957		-	957
		Crib Festival - expenses	-		177	177	-		-	-
		Emmaus - Crib Festival	-		374	374	-		-	-
		Film nights	341		-	341	317		-	317
		Foyer coffee	-		-	-	103		-	103
		Home for Good - Crib Festival	-		374	374	-		-	-
		Lent lunches - Emmaus	-		715	715	-		475	475
		Pancake supper	-		-	-	43		-	43
		St Albans Harvest Appeal (2024)	-		-	-	-		617	617
		St Albans Harvest Appeal (2025)	-		808	808	-		-	-
		World Vision UK - Pajule - Crib Festval	-		374	374	-		-	-
		World Vision UK - Pajule - Lunch	-		289	289	-		298	298
			1 329	4	457	5 786	1 585	3	142	4 727

PAROCHIAL CHURCH COUNCIL OF ST ANDREW, BEDFORD

NOTES TO THE FINANCIAL STATEMENTS (continued)

For the year ended 31 December 2025

6 STAFF COSTS Salaries and Expenses Employer's National Insurance Contributions* Employer's Pension Contributions Fees Total Staff Costs	2025 £ 103 711 - 2 878 106 589 8 266 114 855	2024 £ 103 805 - 3 001
		106 806 7 920
		114 726

* Net of Statutory Maternity Pay and Shared Parental Pay A grant from the Hall Trust supports the funding of the total staff costs.**

7 RELATED PARTY TRANSACTIONS

There were related party transactions during the year and in 2024 as detailed below.

		2025			2024
Name	Basis of	Payment	Pension	Basis of	Payment		Pension
	payment	made	Contrib.	payment	made		Contrib.
		£	£		£		£
Gareth Burrows	Fees	7 201	-	Fees	7	143	-
Verger, payment on invoices received
Is a Member of St Andrew's Church PCC
Roseanne Kinvig-Love	Salary	5 098	229	Salary	12	348	556
Children's Worker, Employment contract
Is a Member of St Andrew's Church PCC
Elisabeth Sutcliffe	Salary	16 836	758	Salary	16	344	735
Children & Families' Minister, Employment contract
Her husband is a Member of St Andrew's Church	PCC
Kelly Agler Good	Salary	20 904	941	Salary		-	-
Operations Manager, Employment contract
Her husband is a Member of St Andrew's Church	PCC
(from 1st May 2025)
Stephen Rogers	Fees	309	-	Fees		-	-
Assistant Verger, payment on claims received
Is a Member of St Andrew's Church PCC
(from 1st May 2025)

PAROCHIAL CHURCH COUNCIL OF ST ANDREW, BEDFORD

NOTES TO THE FINANCIAL STATEMENTS (continued) For the year ended 31 December 2025

Curate's House £ 76 311 - 76 311 - - - 76 311 76 311 PCC Investment £ 205 529 2 961 (8 216) 200 274 8 888,67 133,37	2025 2024 £ £ 2 400 6 766 21 557 18 524 17 552 13 553 1 157 1 003 2 347 3 896 45 013 43 742 17 326 19 770 1 204 1 250 11 102 12 854 438 475 30 070 34 349 Church Centre Office Equipment Fixtures & Fittings Total £ £ £ £ 253 569 30 551 783 682 1 144 113 - - - - 253 569 30 551 783 682 1 144 113 (114 892) (29 639) (239 500) (384 031) (4 678) (152) (19 969) (24 799) (119 570) (29 791) (259 469) (408 830) 138 677 912 544 182 760 082 133 999 760 524 213 735 283 PCC PCC KP Trust Total*	2025 2024 £ £ 2 400 6 766 21 557 18 524 17 552 13 553 1 157 1 003 2 347 3 896
		45 013 43 742 17 326 19 770 1 204 1 250 11 102 12 854 438 475
	Property Total Total Asset £ £ £ £ 17 896 223 425 419 392 642 817 - 2 961 - 2 961 385 (7 831) (13 313) (21 144)
	18 281 218 555 406 079 624 634 14 755,48 23 644,15 60 719,44 84 363,59 - 133,37 - 133,37
9 022,04	14 755,48 23 777,52 60 719,44 84 496,96

See page 17 for an analysis of the Fixed Asset Investments of the KP Trust

PAROCHIAL CHURCH COUNCIL OF ST ANDREW, BEDFORD

NOTES TO THE FINANCIAL STATEMENTS (continued) For the year ended 31 December 2025

9 FIXED ASSETS (Continued)

9(c) FIXED ASSET INVESTMENTS of KP Trust - Analysis

VALUE Market Value at 1 January 2025 Annual Revaluation Market Value at 31 December 2025 SHARE HOLDING At 1 January 2025 At 31 December 2025 10 DEBTORS DEBTORS Gift Aid recoverable Centre Bookings Hall Trust Friends of St Andrew's - grant Accrued income Other Debtors TOTAL DEBTORS 11 CASH AT BANK AND IN HAND PCC Cash CAF Bank current account CBF deposit account NatWest Bank KP Trust CBF income account TOTAL CASH AT BANK AND IN HAND		CBF Investment Fund CBF Property Fund CBF Short Duration Bond Fund Total Fixed Asset Investments £ £ £ £ 363 541 49 002 6 849 419 392 (14 534) 1 054 167 (13 313)	CBF Investment Fund CBF Property Fund CBF Short Duration Bond Fund Total Fixed Asset Investments £ £ £ £ 363 541 49 002 6 849 419 392 (14 534) 1 054 167 (13 313)
		349 007 50 056 7 016 406 079 15 722,23 40 404,04 4 593,17 60 719,44
		15 722,23 40 404,04 4 593,17 60 719,44 2025 2024 £ £ 8 100 7 082 4 927 5 253 - 1 552 2 500 - 635 315 1 870 953 18 032 15 155 2025 2024 £ £ 690 599 13 530 15 453 78 434 76 159 8 000 16 119 28 910 15 106 129 564 123 436
			18 032 15 155 2025 2024 £ £ 690 599 13 530 15 453 78 434 76 159 8 000 16 119 28 910 15 106
			129 564 123 436

Notes

CAF stands for Charities Aid Foundation CBF stands for Central Board of Finance

PAROCHIAL CHURCH COUNCIL OF ST ANDREW, BEDFORD

NOTES TO THE FINANCIAL STATEMENTS (continued)

For the year ended 31 December 2025

12 LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR DEFERRED INCOME CASA - Quavers and advance tickets for concerts Bequest - Grace Gregory Other deferred income HMRC Receipts in advance ACCRUALS Centre Charitable giving Church Church House Cycle ride recipients of funds Education Fairtrade at St Andrew's HMRC Ministry Nevilles Office Other Salaries and Fees St Albans Upkeep of Services TOTAL ACCRUALS & DEFERRED INCOME	2025 2024 £ £ 4 675 6 000 5 000 - 2 753 4 388 2 120 1 411 1 870 2 792 9 262 3 735 10 989 6 363 1 875 4 920 3 390 1 710 1 414 - 1 498 236 - 24 300 1 738 851 332 528 1 321 1 321 1 332 1 500 1 212 821 1 429 1 376 813 369 509 1 000
	53 532 63 621

12
LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR
DEFERRED INCOME
CASA - Quavers and advance tickets for concerts
Bequest - Grace Gregory
Other deferred income
HMRC
Receipts in advance
ACCRUALS
Centre
Charitable giving
Church
Church House
Cycle ride recipients of funds
Education
Fairtrade at St Andrew's
HMRC
Ministry
Nevilles
Office
Other
Salaries and Fees
St Albans
Upkeep of Services
TOTAL ACCRUALS & DEFERRED INCOME

2025
2024
£
£
4 675
6 000
5 000
-
2 753
4 388
2 120
1 411
1 870
2 792
9 262
3 735
10 989
6 363
1 875
4 920
3 390
1 710
1 414
-
1 498
236
-
24 300
1 738
851
332
528
1 321
1 321
1 332
1 500
1 212
821
1 429
1 376
813
369
509
1 000

53 532
63 621

13 UNRESTRICTED FUNDS Balance at 1 January 2025 Increase / (decrease) in funds in the year Balance at 31 December 2025 14 RESTRICTED FUNDS Balance at 1 January 2025 Receipts Payments Balance at 31 December 2025	PCC General Church Church KP Trust Total House Centre £ £ £ £ £ 821 324 76 311 138 677 434 498 1 470 810 (19 210) - (4 678) - (23 888)	PCC General Church Church KP Trust Total House Centre £ £ £ £ £ 821 324 76 311 138 677 434 498 1 470 810 (19 210) - (4 678) - (23 888)
	802 114 76 311 133 999 434 498 1 446 922 Parrott Fund Youth Fund Total £ £ £ 5 472 1 587 7 059 - - - - - - 5 472 1 587 7 059
		5 472 1 587 7 059

The Parrott Fund: Relates to the bequests from the estates of Maurice and Greta Parrott.

The Youth Fund: Restricted to the activities of the Noah's Ark group and other youth work.

The Fairtrade Fund: Related to the funds donated in July 2013 and the net profit since then less transfer of £11K to Unrestricted Funds in 2021 but the shop closed on 31st December 2024.

15 ANALYSIS OF NET ASSETS BETWEEN FUNDS

Fund Balances at 31 December 2025 are represented by: Tangible fixed assets Investment assets Current assets Current liabilities	~~U~~nrestricted Total PCC KP Church Restricted Centre £ £ £ £ £ 601 284 - 133 999 - 735 283 218 555 406 079 - - 624 634 111 627 28 910 - 7 059 147 596 (53 532) - - - (53 532)
	877 934 434 989 133 999 7 059 1 453 981