## **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.) 1 ## **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. 2 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. 3 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|| 4 (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 aCc￿nts in aCcO￿n With Ihe requirtmeNs oftr* Charw Act 2011 Acr). I rés￿1 in tesp*t of ftty 6xaminatth of th6 PCC'S ac¢**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. 9 ## **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. 10 **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. 11 ## **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**| 12 ## **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**| 13 ## **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**| 14 ## **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)|||||||| 15 ## **PAROCHIAL CHURCH COUNCIL OF ST ANDREW, BEDFORD** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) For the year ended 31 December 2025** |**8**
**CHURCH CENTRE**
**8(a) Church Centre Lettings (Income)**
Rate 1: Commercial users
Rate 2: Community users
Rate 3: Church Members & Charities
Rate 4: Guides, Brownies & Rainbows
Other
**Total Church Centre Lettings**
**8(b) Church Centre Expenditure**
Maintenance
Office
Utilities
Other
**Total Church Centre Expenditure**
**9**
**FIXED ASSETS**
**9(a) TANGIBLE FIXED ASSETS**
**COST**
At 1 January 2025
Additions
**At 31 December 2025**
**DEPRECIATION**
At 1 January 2025
Charge for the year
**At 31 December 2025**
**NET BOOK VALUE**
At 1 January 2025
**At 31 December 2025**
**9(b) FIXED ASSET INVESTMENTS**
**VALUE**
**Market Value at 1 January 2025**
Dividends reinvested
Annual Revaluation
**Market Value at 31 December 2025**
**SHARE HOLDING**
**At 1 January 2025**
Dividends reinvested
**At 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** 16 **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 17 ## **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**| |**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**| 18