## **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.
**----- Start of picture text -----**
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
**----- End of picture text -----**
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.
**----- Start of picture text -----**
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
**----- End of picture text -----**
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
**----- Start of picture text -----**
Revd. Mark Mulryne (Vicar) Gary Fellowes (Church Warden) Mark Solosy (Church Warden)
**----- End of picture text -----**
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|
Page 10
## **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
Page 14