The Parochial Church Council of the Ecclesiastical Parish of Great Clacton in the Diocese of Chelmsford. (Charity Registration Number: 1130241) Accounts for Year Ending 31st December 2025
The accounts of the PCC/Trustees have been The PCC/Trustees accounts are set out as follows: prepared and independently examined in Unrestricted Funds accordance with the Charities Act 2011 - Income and costs of the day to day activities of the church. Contents Designated Funds Money set aside within the unrestricted funds for designated purposes:- Youth/Children, Overseas Page : 2-3 Finance Report Bursary, Reserves, Schools & Families Worker, Support in the Community and Discretionary Giving. The New Church Hall Account has been opened to Page : 4 Statement of Financial Activities hold funds raised to finance replacement hall facilities at St John's Church. Page : 5 Balance Sheet Training Fund (Restricted) - fund set-up in memory of Bryan Bullock to be used to provide grants towards the training of lay workers. Page 6-12 Notes Building Fund (Restricted) - is to finance the restoration work on St John's Church. Page :13 Comparative SOFA 2024 Statement of Financial Activities (SOFA) - shows all income and expenditure made in the year. Page :14 Examiner's Report
- Building Fund (Restricted) - is to finance the restoration work on St John's Church. Statement of Financial Activities (SOFA)
The Balance Sheet
- shows the total funds that the PCC/Trustees held at the 31st December 2025
Page 1
Overall our income for the year was stable. While the totals show a considerable increase from 2024 this was, in part due to additional giving for the stonework project for St John's Church and a very generous specific one off gift that was received and has also included specific giving already received for the new Church Hall project. The regular monthly giving through PGS showed a slight increase on the previous year with many individuals choosing the percentage increase option on their giving. Hall lettings were down compared to 2024 after the withdrawal of a main hirer but we continue to look for additional hirers . Once completed the Church Hall will also provide another potential site for hire to help with the costs of running and maintaining the building. Bank interest was more than double that of 2024 as the funds received from the house sale were on deposit. We are taking steps to try to ensure we make the best we can from this situation while we still have the funds before using them as our contribution to the cost of the new building project while also ensuring we are mindful to protect ourselves and the overall funds within the government protection rules over account funds. The Church Family continue to be generous givers as they have been over recent years helping us to fund projects such as the Schools and Family worker, the Stonework repairs to the Church building at St John's and also the building of a new Church Hall.
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Fund raising Mission Outreach
Bank interest
PCC fees
Youth Hall lettings
Assigned fees
Other funds generated
Gift Aided giving
Grants & bequests
Sundry
donations
Gift Aid tax
reclaimed
Specific non Gift
Aided giving
Non Gift Aided giving
Specific Gift Aided
Cash collections
giving Other giving
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2
Expenditure, when you look at the total figures compared to last year, is up considerably but when you remove the costs of the Stonework for St John's Church then expenditure compares favourably to the previous year even though the Parish Share was increased and salaries were increased in a planned manner by the PCC. Utilities were down from the previous year, as were insurance costs. Property maintenance was down as the stonework was classed as a major repair. Bank charges were down as we were no longer paying interest charges on the loan against the property that was sold. Overall we continue to show good stewardship and care when spending funds, something that will also need to be continued during the construction of the new hall.
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Bank Charges Fetes & other events Assigned Fees
Professional Fees
Parish Share to Diocese Clergy expenses
Youth & Child's …
Other ministry
expenses
Salaries
Office expenses
Equipment
& furniture
Property
maintenance
Other
giving/training
Utilities
Insurance
Overseas Mission
Home Mission
Mission Outreach
Major repairs
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3
The Parochial Church Council of the Ecclesiastical Parish of Great Clacton Statement of Financial Activities for year ending 31st December 2025
| Note Income and endowments from: donations and legacies 2a income from charitable activities 2b other trading activities 2c investments 2d other income 2e Total Income and endowments Expenditure on raising funds 3a expenditure on charitable activities 3b other expenditure 3c Total Resources Used Net Incoming/(outgoing) Gross Transfers IN Gross Transfers OUT Revaluation 112 Woodlands Close Net Movement of Funds Balances Brought Forward Balances Carried Forward |
Unrestricted Designated New Hall Schools & Training Building Total Funds Total Funds Funds Funds Fund Families Fund Fund Fund 2025 2024 £ £ £ £ £ £ £ £ |
|---|---|
| 125,509 5,637 15,427 32,093 396 21,687 200,749 182,750 15,742 783 3,617 20,142 21,421 0 0 4,383 126 4,509 2,162 0 (29,514) |
|
| 145,634 6,420 15,427 32,093 396 25,430 225,400 176,819 |
|
| 543 543 499 105,965 1,143 1,745 40,431 130 58,024 207,438 150,952 380 380 770 |
|
| 106,888 1,143 1,745 40,431 130 58,024 208,361 152,221 |
|
| 38,746 5,277 13,682 (8,338) 266 (32,594) 17,039 24,598 7,112 2,060 4,500 7,112 20,784 198,148 (13,672) (7,112) (20,784) (198,148) 32,186 7,337 13,682 (3,838) 266 (32,594) 17,039 24,598 215,766 34,561 21,204 51,308 1,424 35,255 359,548 334,950 |
|
| 247,952 41,898 34,886 47,470 1,690 2,661 376,587 359,548 |
Comparative figures for 2024 are shown on Page 13
Page 4
The Parochial Church Council of the Ecclesiastical Parish of Great Clacton Balance Sheet at 31st December 2025
| Note Fixed Assets 112 Woodlands Close 5 Current Assets Debtors 6 Cash at bank & in hand 7 Less Liabilities Creditors 8 Total Net Assets 9 Parish Funds Unrestricted funds 9 Designated funds 9 Restricted funds 9 |
2025 2024 £ £ |
|---|---|
| 0 0 |
|
| 0 0 |
|
| 983 697 376,657 359,091 |
|
| 377,640 359,788 |
|
| 1,053 240 |
|
| 376,587 359,548 |
|
| 247,983 215,766 124,252 107,103 4,352 36,679 |
|
| 376,587 359,548 |
This Statement of Accounts for the year ending 31st December 2025 were approved by the PCC/Trustees on 11th March 2026
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Revd. Mark Mulryne (Vicar) Gary Fellowes (Church Warden) Mark Solosy (Church Warden)
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Page 5
The Parochial Church Council of Great Clacton Notes to the Financial Statement for the year ending 31st December 2025
1. Accounting Policies
The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 together with applicable accounting standards and the SORP(FRS102). The financial statements have been prepared under the historical costs convention except for the valuation of investment assets, which are shown at market value. The financial statements include all transactions, assets and liabilities for which the PCC/Trustees are 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.
1.1 Funds
General (unrestricted) Funds
- '- these represent the funds held by the PCC/Trustees that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC/Trustees including the income and costs to run the day to day activities of the church.
Designated Funds
Money has been set aside within the unrestricted funds for Youth/Children, Overseas Bursary, Reserves, Schools & Families Worker, New Church Hall. Support in the Community and Discretionary Giving.
Restricted Funds
Funds restricted for a particular purpose by the PCC/Trustees are as follows:-
-
Training Fund - in memory of Bryan Bullock to be used to provide grants towards the training of lay workers.
-
Building Fund - to finance the repair and restoration work on St John's Church.
1.2 Income and Endowments
Other ordinary income: Parochial fees due to the PCC/Trustees for funerals, weddings, reading of banns etc. are accounted for on an event by event basis. Fees assigned to the Diocese are included in the accounts.
Income from investments: Interest is accounted for when receivable.
1.3 Expenditure
Grants: Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC/Trustees. Activities directly related to the work of the Church: The Parish Share to the Diocese is accounted for when payable.
1.4 Fixed Assets
Consecrated land and buildings and moveable furnishings: Consecrated and beneficial property is excluded from the accounts by s.96(2)(a) of the Charities Act 1993. No value is placed on moveable church furnishings held by the churchwardens on special trust for the PCC/Trustees and which require a faculty for disposal since the PCC/Trustees considers this to be an inalienable property. All expenditure incurred during the year on consecrated or beneficial buildings and moveable church furnishings, whether maintenance or improvements, is written off as expenditure in the Statement of Finance Activities.
Other land and buildings: Other land and buildings held by on behalf of the PCC/Trustees for its own purposes is valued at market value. No depreciation is charged against such properties but any expenditure on maintenance or improvement is written off as incurred. Land and buildings are re-valued every ten years..
Other fixtures, fittings, and office equipment: Equipment with a purchase price of £2000 or less is written off in the period in which the asset is acquired.
1.5 Reserves Policy
Voluntary income and capital sources: Collections are recognised when received by or on behalf of the PCC/Trustees. Amounts receivable under gift aid are recognised only when received.
Grants and legacies to the PCC/Trustees will be accounted for when received. Fundraising and similar events are accounted for net. All gifts of materials are normally excluded, including the time of volunteers which is gratefully acknowledged.
It is the policy of this church to aim to hold reserves to the equivalent of two months general running costs and an additional one month's salary costs. This reserve will be used for unforeseen events and to respond to emerging and changing needs that meet the Church's objectives as well as providing essential cover for the following:
-
Creditors, rent and utilities running costs
-
Salary contingency
-
Unexpected repairs and maintenance not included in the budget
Page 6
2. Income and Endowments
| 2a from donations and legacies Gift Aided giving Gift Aid tax reclaimed Non Gift Aided giving Cash collections Other giving Specific Gift Aided giving Specific non Gift Aided giving Sundry donations Grants & bequests Other funds generated 2b from charitable activities Assigned fees PCC fees Youth Fund raising Hall lettings Mission Outreach 2c from other trading activities 2d from investments Bank interest 2e other income Sale of Fixed Asset Utilities and General Refunds Total Incoming Resources |
Unrestricted Designated New Hall Schools & Training Building Total Funds at Total Funds at Funds Funds Fund Families Fund Fund Fund 31/12/25 31/12/24 £ £ £ £ £ £ £ £ |
|---|---|
| 45,460 15,021 49 60,530 61,332 14,666 1,875 4,092 378 21,011 20,070 13,941 3,102 17,043 57,683 10,585 10,585 12,703 396 396 396 3,000 827 3,827 4,830 33,946 5,628 13,552 820 5,753 59,699 12,545 100 100 239 2,624 9,058 14,680 26,362 11,667 1,186 9 1,195 1,285 3,346 3,346 4,758 5,258 5,258 3,616 783 10 793 805 3,607 3,607 3,364 4,952 4,952 6,733 2,187 2,187 2,145 4,383 126 4,509 2,162 0 (31,283) 0 1,769 |
|
| 145,634 6,420 15,427 32,093 396 25,430 225,400 176,819 |
Page 7
3 Expenditure
| 3 Expenditure 3a on Raising Funds Stewardship campaign Fetes & other events 3b on Charitable Activities Assigned Fees Parish Share to Diocese Clergy expenses Youth & Child's ministry Other ministry expenses Office expenses Equipment & furniture Property repair/maintenance Heat/light/water Insurance Major repair & installation work Mission Outreach Home Mission Overseas Mission Other giving/training Salaries, tax,NI,pension Great Clacton Junior School Professional Fees 3c on Other Expenditure Other management costs Bank Charges / Loan Charges (2024) Total Resources Used |
Unrestricted Designated New Hall Schools & Training Building Total Funds at Total Funds at Funds Funds Fund Families Fund Fund Fund 31/12/25 31/12/24 £ £ £ £ £ £ £ £ |
|---|---|
| 543 543 499 3,240 3,240 3,865 34,416 34,416 30,979 945 945 1,247 582 208 790 655 6,622 6,622 5,732 3,379 3,379 2,458 18 18 961 6,531 6,531 12,085 8,302 8,302 9,440 4,720 4,720 5,303 0 56,032 56,032 0 1,122 1,122 1,142 0 865 865 1,221 11,778 70 11,848 8,031 3,486 130 3,616 3,837 19,211 40,431 59,642 57,270 0 0 588 1,613 1,745 1992 5,350 6,138 0 0 380 380 770 |
|
| 106,888 1,143 1,745 40,431 130 58,024 208,361 152,221 |
Page 8
| 4. Staff Costs | 2025 | 2024 |
|---|---|---|
| £59,496 | £57,270 |
The PCC/Trustees employ an Office Administrator, an Assistant Office Administrator, a Schools & Families Worker and an Assistant. £19,211 of total staff costs are from general fund, and £4,0285 are from designated funds. Ann-Marie Chappell, the Office Adminstrator, is a member of the PCC. Anita Newbery, the Assistant Office Administrator, is the wife of a member of the PCC. During the year no one employed by the PCC / Trustees was paid £40,000 pa or more. No payments or expenses were paid to any member of the PCC/Trustees in connection with their services as PCC / Trustees.
| 5. Fixed Assets for use by the PCC/Trustees 112 Woodlands Close Value as at 31st December 2023 less 22.43%, owed to the Church Commissioners as a Value Linked Loan |
2025 £0 |
2024 280,000 £ 62,804 £ |
|---|---|---|
| £217,196 |
During 2024 The PCC took the decision to sell 112 Woodlands Close. The proceeds after deductions and costs were placed on deposit for a decision to be made on what the money would be used for. During 2025 the Church was approached by a local charitable trust to combine on a major project that would benefit the local community and the Church. Plans to rebuild the Church Hall at St John's have been resurrected and work should be commencing in 2026.
| 6. Debtors Tax Other debtors 7. Cash in hand General Fund Building Fund New Hall Fund 8. Creditors Assigned Fees Other creditors Agency Collections |
2025 983 £ - £ 983 £ 2025 339,110 2,662 34,885 376,657 £ 2025 340 £ 713 £ 1,053 £ |
2024 416 £ 281 £ |
|---|---|---|
| 697 £ |
||
| 2024 302,633 £ 35,255 £ 21,203 £ |
||
| 359,091 £ |
||
| 2024 177 £ 63 £ |
||
| 240 £ |
Page 9
9. Statement of funds December 2025
| Unrestricted General Fund Designated Discretionary Fund New Church Hall Fund Overseas Missionary Bursary Fund Reserves St Mark's Church Fund Schools and Families Worker Fund Youth and Children's Fund Restricted St John's Building Fund Training Totals |
Fund balances Incoming Outgoing Gains and Fund balances brought forward Resources Resources Transfers Losses carried forward £ £ £ £ £ £ |
|---|---|
| 215,797 145,634 106,888 (6,560) 247,983 7,193 2,251 865 500 9,079 21,203 15,427 1,745 34,885 1,555 309 70 480 2,274 24,355 1,080 25,435 594 594 51,308 32,093 40,431 4,500 47,470 863 3,860 208 4,515 35,256 25,430 58,024 2,662 1,424 396 130 1,690 |
|
| 359,548 225,400 208,361 0 376,587 |
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10. Analysis of net assets by fund
| Fixed Assets Current Assets Current Liabilities Totals |
Unrestricted Designated New Hall Schools & Training Building Total Funds Total Funds Funds Funds Fund Families Fund Funds Funds 2025 2024 £ £ £ £ £ £ £ £ |
|---|---|
| 0 0 0 249,036 41,897 34,885 47,470 1,690 2,662 377,640 359,788 (1,053) (1,053) (240) |
|
| 247,983 41,897 34,885 47,470 1,690 2,662 376,587 359,548 |
11. Contingent Liability
The Diocese have agreed that should the vicarage site be developed to assist the refurbishment of the church then 90% of net proceeds after financing a new vicarage may be used by the PCC/Trustees towards the refurbishment costs, but they reserve the right to reclaim the £30,000 grant made in 1996.
12. Comparative SOFA 2024
An analysis of Statement of Financial Activities for year ending 2024 is shown for comparison on page 13
Page 11
Church Workers Pension Fund (CWPF) - December 2025 Year End
Church Workers Pension Fund (CWPF) Year End December 2025
Great Clacton PCC participates in the Pension Builder Scheme section of CWPF for lay staff. CWPF is administered by the Church of England Pensions Board, which holds the CWPF assets separately from those of the Employer and other participating employers.
CWPF has two sections:
the Defined Benefits Scheme
the Pension Builder Scheme, which has two subsections;
a deferred annuity section known as Pension Builder Classic, and,
a cash balance section known as Pension Builder 2014.
Pension Builder Scheme
Both sections of the Pension Builder Scheme are classed as defined benefit schemes.
Pension Builder Classic provides a pension, accumulated from contributions paid and converted into a deferred annuity during employment based on term s set and reviewed by the Church of England Pensions Board from time to time. Discretionary increases may also be added, depending on investment returns and other factors.
Pension Builder 2014 is a cash balance scheme that provides a lump sum which members use to provide benefits at retirement. Pension contributions are recorded in an account for each member. Discretionary bonuses may be added before retirement, depending on investment returns and other factors. The account, plus any bonuses declared is payable, unreduced, from age 65.
There is no sub-division of assets between employers in each section of the Pension Builder Scheme.
The scheme is considered to be a multi-employer scheme as described in Section 28 of FRS 102. This is because it is not possible to attribute the Pension Builder Scheme’s assets and liabilities to specific employers and means that contributions are accounted for as if the Scheme were a defined contribution scheme.
The pensions costs charged to the SoFA in the year are the contributions payable (2025: £3841.16 2024: £3694.38).
A valuation of the Pension Builder Scheme is carried out once every three years. The most recent valuation was carried out as at 31 December 2022.
For the Pension Builder Classic section, the valuation revealed a surplus of £34.8m on the ongoing assumptions used. At the most recent annual review effective 1 January 2026, the Board chose to grant a discretionary bonus of 10% to both pensions not yet in payment and pensions in payment in respect of service prior to April 1997; and a bonus on pensions in payment in respect of post April 1997 service so that the pension increase was also 10% (where usually it would be calculated based on inflation up to an annual cap of 5% for pensions in payment in respect of service prior to April 2006 and 2.5% for pensions in payment in respect of service post April 2006 ). This followed improvements in the funding position over 2025. There is no requirement for deficit payments at the current time.
For the Pension Builder 2014 section, the valuation revealed a surplus of £8.5m on the ongoing assumptions used. There is no requirement for deficit payments at the current time.
The Church of England Pensions Board has agreed that some employers could use assets in the DBS of the CWPF in lieu of contributions to Pension Builder Classic and/or Pension Builder 2014. You will see this information on your DBS statement which will be sent separately.
The next valuation is being carried out as at 31 December 2025.
The legal structure of the scheme is such that if another employer fails, Great Clacton PCC could become responsible for paying a share of the failed employer’s pension liabilities.
Page 12
The Parochial Church Council of the Ecclesiastical Parish of Great Clacton Statement of Financial Activities for year ending 31st December 2024
| Note | Unrestricted | Designated | New Hall | Schools & | Training | Building | Total Funds | Total Funds | |
|---|---|---|---|---|---|---|---|---|---|
| Funds | Funds | Fund | Families Fund | Fund | Fund | 2024 | 2023 | ||
| £ | £ | £ | £ | £ | £ | £ | £ | ||
| Income and endowments from: | |||||||||
| donations and legacies | 2a | 88,571 | 1,030 | 5 | 70,431 | 396 | 22,317 | 182,750 | 120,558 |
| income from charitable activities | 2b | 17,252 | 805 | 3,364 | 21,421 | 21,085 | |||
| other trading activities | 2c | 0 | 0 | ||||||
| investments | 2d | 1,780 | 198 | 184 | 2,162 | 1,084 | |||
| other income | 2e | 1,769 | (31,283) | (29,514) | 260 | ||||
| Total Income and endowments | 109,372 | (29,448) | 203 | 70,431 | 396 | 25,865 | 176,819 | 142,987 | |
| Expenditure on | |||||||||
| raising funds | 3a | 499 | 499 | 341 | |||||
| expenditure on charitable activities | 3b | 99,939 | 2,191 | 0 | 38,948 | 547 | 9,327 | 150,952 | 141,502 |
| other expenditure | 3c | 770 | 770 | 1,343 | |||||
| Total Resources Used | 101,208 | 2,191 | 0 | 38,948 | 547 | 9,327 | 152,221 | 143,186 | |
| Net Incoming/(outgoing) | 8,164 | (31,639) | 203 | 31,483 | (151) | 16,538 | 24,598 | (199) | |
| Gross Transfers IN | 185,913 | 2,735 | 8,500 | 1,000 | 198,148 | 5,002 | |||
| Gross Transfers OUT | (10,235) | (187,913) | (198,148) | (5,002) | |||||
| Revaluation 112 Woodlands Close | 93,084 | ||||||||
| Net Movement of Funds | 183,842 | (216,817) | 203 | 39,983 | (151) | 17,538 | 24,598 | 92,885 | |
| Balances Brought Forward | 31,924 | 251,378 | 21,001 | 11,355 | 1,575 | 17,717 | 334,950 | 242,065 | |
| Balances Carried Forward | 215,766 | 34,561 | 21,204 | 51,338 | 1,424 | 35,255 | 359,548 | 334,950 |
Page 13
Independent Examiner's Report to the PCC/Trustees of the Parish of Great Clacton
I report on the financial statements of the PCC for the year ended 31st December 2025 which are set out on pages 2-13
Respective responsibilities of the PCC and the examiner
The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an Independent examination is needed. It is my responsibility to
Independent examiner's statement.
In connection with my examination, no matter has come to my attention:
-
(1) which gives me reasonable cause to believe that in any material respect the requirements
-
a) to keep accounting records in accordance with s.130 of the 2011 Act; or
-
b) to prepare accounts, which accord with these
-
-
a) Examine the accounts under section 145 of the 2011 Act;
-
b) Follow procedures laid down in the general directions given by the Charity Commissioners section 145(5)(b) of
-
the 2011 Act; and
-
c) State whether particular matters have come to my attention.
-
(2)
accounting records, have not been met; or
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Basis of Independent Examiner's Statement
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the management committee concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in a full audit, and consequently I do not express an opinion on the accounts.
D. N. Wiggins BA(Hons), Heath Farm House, 15, Station Road, Alresford, Essex C07 8BT Tel: (01206) 825153 Email:wigginsfamily15@outlook.com
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