Charity registration number: 1130331
**HOLY TRINITY CHURCH BARNSTAPLE TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025**
Cloud Accountancy Solutions Ltd
## **Holy Trinity Church Barnstaple Contents**
||**Page**|
|---|---|
|Trustees' Report|1�5|
|Independent Examiner's Report|6|
|Statement of Financial Activities|7|
|Comparative Statement of Financial Activities|8|
|Statement of Financial Position|9|
|Notes to the Financial Statements|10�14|
|The following pages do not form part of the statutory accounts:||
|Detailed Statement of Financial Activities|15�16|
**Holy Trinity Church Barnstaple Trustees' Report For The Year Ended 31 December 2025**
The trustees present their report and the financial statements for the year ended 31 December 2025.
## **Objectives and Activities**
## **Aims and Objectives**
The primary object of the PCC is to promote the Gospel of the Lord Jesus Christ according to the doctrines and practices of The Church of England.
## **Public Benefit**
The Trustees have considered the Charity Commission guidance on public benefit and consider that the activities of the charity meet its charitable objectives and provide a benefit to the public.
The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission�s guidance on public benefit.
## **Achievements and Performance**
## **Main Achievements**
This past year has been another great season of blessing in the life of our church at Holy Trinity Barnstaple. We have seen a steady stream of newcomers joining our church fellowship and we have worked to ensure people who are new are warmly welcomed in and encouraged to find their place of belonging and service within the body of the church. Our Midweek Service (which is most often a Communion service) has been very well attended and has become a part of our established pattern of services. We have reviewed responses to the survey conducted about how we should format our evening OASIS service and the changes we have made have been well appreciated by those who attend.
We have a considerable number of people engaged in outreach and evangelism through visits to nursing homes and places such as Barum Court. We have also run several Alpha courses including an Alpha course to support those who are Christians Against Poverty (CAP) clients. This CAP Alpha has involved members of our congregation working alongside team members from other churches. We have also continued to support the work of Street Pastors and Try Praying teams that go out on to the streets in Barnstaple to witness by caring for people and sharing the gospel.
A number of us have supported the ministry amongst other churches in Barnstaple through the work of Church Together in Barnstple (CTiB). It has been very encouraging to see how this ministry has developed and how close friendships have been built with members of the CTiB enabling group. This has included our work together on projects such as the Good Friday walk of witness and Carol singing in the Pannier Market in the lead up to Christmas.
It has been wonderful to see the growth and development of our youth and children's ministry with new members of our church serving on these teams. We have also seen the development of Adventure Church, which is hosted in conjunction with Goodleigh Church, and this has resulted in up to 75 people in attendance at one of the recent events. We have also been hugely encouraged by the number of young people in attendance at camps such as SPREE and Creation Fest which has further advanced the deepening of fellowship and growth in discipleship amongst younger members of our congregation.
As a church we have still found challenges in terms of paying our Common Fund and especially in the light of Living in Love and Faith (LLF) and Prayers of Love and Faith (PLF) discussions over the past year. Our PCC continue to discuss this and to seek clarity from other churches who are part of the Alliance of Churches that hold to orthodox Bible views on marriage.
I would like to take this opportunity to sincerely thank all of those who faithfully serve week in week out at Holy Trinity. There is an incredibly high level of commitment to serving the Lord and it is wonderful to see new people attending Trinity contributing to the life and ministry of our church.
Page 1
**Holy Trinity Church Barnstaple Trustees' Report (continued) For The Year Ended 31 December 2025**
## **Financial Review**
## **Financial Position**
What a privilege it is to be part of a thriving, outward-looking, community-minded church family. The happy bustle on Sunday mornings is an absolute joy as young and old worship the Lord. Monday morning brings in local mothers, fathers and grandparents with their busy toddlers and the occasional sleepy infant. Pop in on Tuesdays and you will find a cheerful coffee morning gathering. You can chat, drink tea and eat cake, craft or colour to your heart�s content. Various Bible study and discipleship groups also meet in the Hall during the week. You might find a CAP Job Club or Alpha Group on the go. The Art Group have laid claim to Thursday afternoons and long may they continue to produce the amazing works of art periodically on show in the church. Perhaps steer clear of Friday evenings, unless you have the courage to join a hectic game of Nerf guns with the energetic Ten 10 group This is just a sample of the activities hosted in our buildings each week.
Without the support of our family members, none of the above would be possible. Just as our cars require fuel to get from place to place and maintenance to keep them in good repair, so our church needs a basic support structure to enable our outreach for the Kingdom of God. We thank each person who gave of their time and resources to support Trinity Barnstaple in the past year. Every act of prayer or service and every pound donated help to ensure that God�s word keeps being proclaimed.
Once again, finances have proved a challenge for the PCC. We have a team of dedicated support staff who go above and beyond their remits and work longer hours than their contracts require. Yet, when it comes to deciding staff salary increases, we are constrained by our falling revenue. Our total income in 2025 declined by approximately 12% to £256,487 (2024: £290,062). Consequently, the PCC were obliged to cut back on expenditure. This amounted to £269,170 as opposed to £277,469 in 2024. We finished the year with a deficit of £12,683 as opposed to a surplus of £12,593 last year. Total funds carried forward have therefore declined from £143,339 to £130,656.
## **Reserves Policy**
The trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets ('the free reserves') held by the Charity should be approximately three months of the resources expended. At this level the trustees feel that they would be able to continue the current activities of the Charity in the event of a significant drop in income.
## **Common Fund**
As a church forming part of the Church of England, we are requested to pay a contribution to the Exeter Diocese each year. The amount we are called upon to pay is termed Common Fund and is calculated by a formula which takes into account the number of people in our worshipping community, our church buildings and the level of local deprivation. Common Fund is used by the Diocese to pay and house clergy, for selection and training for ministry, mission and ministry support, education and chaplaincy and other broader costs. In 2025, we were asked for a contribution of £106,550. Due to financial constraints, we were able to pay approximately 90% of this amount (£96,000) and this was paid to the Diocese in two instalments of £48,000 in June and December.
## **Structure, Governance and Management**
Page 2
**Holy Trinity Church Barnstaple Trustees' Report (continued) For The Year Ended 31 December 2025**
## **Governing Document**
The Parochial Church Council (PCC) is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure. Holy Trinity Barnstaple is a mission community in the Exeter Diocese.
## **Trustee Selection Methods**
The method of appointment to the PCC is set out in the Church Representation Rules. Nominations for membership to the PCC are invited prior to the Annual Parochial Church Meeting. Membership of the PCC is open to all members on Holy Trinity's Electoral Roll. The PCC has ultimate responsibility for a wide range of matters affecting the parish, including such matters as compliance with health and safety, General Data Protection Regulations, disability discrimination legislation and safeguarding children and vulnerable adults. We have no formal induction process although new members are briefed on issues as they arise. Members of the PCC have attended training in Safeguarding and Domestic Abuse and all members have been made aware of current Safeguarding legislation and good practice recommendations. They have also been DBS checked for the adult and child workforce. The incumbent, church wardens and church administrator ensure that all decisions made by the PCC comply with current legislation. The PCC meets every second month. Other matters are delegated to the Standing Committee which meets when necessary. Standing Committee can authorise expenditure up to £1,000. Day to day management of the parish is by the minister and church wardens. Two part-time administrators are employed in the church office.
## **Organisational Structure**
The PCC (Powers) Measure 1956 states the PCC is to co-operate with the minister in promoting in the parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. Members of the PCC are either ex-officio, elected by the Annual Parochial Church Meeting or co-opted by the PCC in accordance with the Church Representation Rules..
The Standing Committee: As agreed by the PCC consists of the Vicar, Church Wardens, Associate Minister, PCC Treasurer, PCC Secretary and Administrator or Assistant Administrator. The Standing Committee has the power to transact business on behalf of the PCC. This committee meets in between the bi-monthly PCC meetings when needed and has the authority to call extra-ordinary meetings of the PCC if necessary. It has the responsibility to bring to the attention of the full PCC the financial position of the church and can authorise urgent expenditure up to the limit set by the PCC.
## **Reference and Administrative Details**
## **Trustees**
Mr Andrew Jenkins - Deanery Synod Representative (appointed 21/09/2025) Mr Roger Dadswell-Boynton Mrs Julie Griffin Mrs Louise Kevan Mrs Suzanne Pentney-Tighe - Churchwarden Mr Andrew Keenan - Churchwarden/Vice-chair Rev Paul Taylor - Vicar/Chair Mr David Archer Mrs Rachel Keenan Mrs Margaret Nobbs - Treasurer
## **Charity Number**
1130331
Page 3
**Holy Trinity Church Barnstaple Trustees' Report (continued) For The Year Ended 31 December 2025**
## **Independent Examiner**
Cheryl Manning FFA Cloud Accountancy Solutions Ltd Institute of Financial Accountants 94 Lower Cross Road Barnstaple Devon EX31 2PJ
Page 4
**Holy Trinity Church Barnstaple Trustees' Report (continued) For The Year Ended 31 December 2025**
The trustees' report was approved by the board of trustees and signed on its behalf by:
Rev Paul Taylor
Trustee 17/03/2026
Page 5
**Holy Trinity Church Barnstaple Independent Examiner's Report to the Trustees of Holy Trinity Church Barnstaple For The Year Ended 31 December 2025**
I report to the trustees on my examination of the accounts of Holy Trinity Church Barnstaple (the Trust) for the year ended 31 December 2025.
## **Responsibilities and Basis of Report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (�the Act�).
I report in respect of my examination of the Trust�s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent Examiner's Statement**
Since the Trust�s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Institute of Financial Accountants, which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and contents of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Cheryl Manning FFA 17/03/2026 94 Lower Cross Road Barnstaple Devon EX31 2PJ
Page 6
## **Holy Trinity Church Barnstaple Statement of Financial Activities For The Year Ended 31 December 2025**
**----- Start of picture text -----**
2025 2024
Unrestricted Restricted Endowment Total Total
funds funds funds funds funds
Notes £ £ £ £ £
INCOME AND
ENDOWMENTS FROM:
Donations and legacies 3 192,363 37,566 - 229,929 257,140
Charitable activities:
Diocesan Fees 1,315 - - 1,315 386
Church Weekend 12,826 - - 12,826 17,980
Church hire and car park - -
9,458 9,458 10,888
rent
Climbing wall and other 762 - - 762 641
sundry receipts
Investments 4 2,153 - 44 2,197 3,027
218,877 37,566 44 256,487 290,062
EXPENDITURE ON:
Charitable activities: 5
Charitable activites (226,000) (43,126) (44) (269,170) (277,469)
NET -
(7,123) (5,560) (12,683) 12,593
(EXPENDITURE)/INCOME
Transfers between funds 12 7,340 (7,340) - - -
NET MOVEMENT IN 217 (12,900) - (12,683) 12,593
FUNDS
RECONCILIATION OF
FUNDS:
-
Total funds brought forward 106,565 36,774 143,339 130,746
TOTAL FUNDS CARRIED 12 106,782 23,874 - 130,656 143,339
FORWARD
**----- End of picture text -----**
The notes on pages 10 to 14 form part of these financial statements.
Page 7
## **Holy Trinity Church Barnstaple Comparative Statement of Financial Activities For The Year Ended 31 December 2025**
**----- Start of picture text -----**
2024
Unrestricted Restricted Endowment Total
funds funds funds funds
Notes £ £ £ £
INCOME AND ENDOWMENTS FROM:
Donations and legacies 3 195,933 61,207 - 257,140
Charitable activities:
Diocesan Fees 386 - - 386
Church Weekend 17,980 - - 17,980
- -
Church hire and car park rent 10,888 10,888
Climbing wall and other sundry 641 - - 641
receipts
Investments 4 2,983 - 44 3,027
228,811 61,207 44 290,062
EXPENDITURE ON:
Charitable activities: 5
Charitable activites (234,898) (42,527) (44) (277,469)
NET INCOME (6,087) 18,680 - 12,593
NET MOVEMENT IN FUNDS (6,087) 18,680 - 12,593
RECONCILIATION OF FUNDS:
-
Total funds brought forward 112,652 18,094 130,746
TOTAL FUNDS CARRIED FORWARD 12 106,565 36,774 - 143,339
**----- End of picture text -----**
The notes on pages 10 to 14 form part of these financial statements.
Page 8
## **Holy Trinity Church Barnstaple Statement of Financial Position As At 31 December 2025**
**----- Start of picture text -----**
2025 2024
Unrestricted Restricted Endowment Total Total
funds funds funds funds funds
Notes £ £ £ £ £
FIXED ASSETS
Investments 9 45,459 - - 45,459 45,459
- -
45,459 45,459 45,459
CURRENT ASSETS
Debtors 10 2,380 - - 2,380 5,511
Cash at bank and in hand 60,848 23,874 - 84,722 101,679
-
63,228 23,874 87,102 107,190
Creditors: Amounts Falling 11 (1,905) - - (1,905) (9,310)
Due Within One Year
NET CURRENT ASSETS -
61,323 23,874 85,197 97,880
(LIABILITIES)
TOTAL ASSETS LESS -
106,782 23,874 130,656 143,339
CURRENT LIABILITIES
NET ASSETS 106,782 23,874 - 130,656 143,339
FUNDS OF THE CHARITY
Restricted Funds 23,874 36,774
Unrestricted Funds 106,782 106,565
TOTAL FUNDS 12 130,656 143,339
**----- End of picture text -----**
On behalf of the board
Rev Paul Taylor Trustee 17/03/2026
The notes on pages 10 to 14 form part of these financial statements.
Page 9
**Holy Trinity Church Barnstaple Notes to the Financial Statements For The Year Ended 31 December 2025**
## 1. **General Information**
Holy Trinity Church Barnstaple is an unincorporated charity registered with the Charity Commission, registered charity number 1130331. The principal address is .
## 2. **Accounting Policies**
## 2.1. **Basis of Preparation of Financial Statements**
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities Act 2011.
The charity is a Public Benefit Entity as defined by FRS 102.
## 2.2. **Investments**
## 2.3. **Cash and Cash Equivalents**
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
## 3. **Income from Donations and Legacies**
|Donations and gifts
Gift aid
Donations and gifts
Gift aid|**Unrestricted **
**funds**
**£**
165,438
26,925
192,363
**Unrestricted **
**funds**
**£**
166,225
29,708
195,933|**Restricted**
**funds**
**£**
36,196
1,370
37,566
**Restricted**
**funds**
**£**
61,207
-
61,207|**2025**
**Total**
**funds**
**£**
201,634
28,295
229,929
**2024**
**Total**
**funds**
**£**
227,432
29,708
257,140|
|---|---|---|---|
## 4. **Investment Income**
Page 10
## **Holy Trinity Church Barnstaple Notes to the Financial Statements (continued) For The Year Ended 31 December 2025**
**----- Start of picture text -----**
2025
Unrestricted Endowment Total
funds funds funds
£ £ £
Interest from investments 2,153 44 2,197
2024
Unrestricted Endowment Total
funds funds funds
£ £ £
Interest from investments 2,983 44 3,027
5. Analysis of Expenditure
2025
Support
Activities costs
undertaken (see note
directly 6) Total
£ £ £
Charitable activites 233,380 35,790 269,170
2024
Support
Activities costs
undertaken (see note
directly 6) Total
£ £ £
Charitable activites 232,293 45,176 277,469
6. Support Costs
2025
Charitable
activites
£
Premises expenses 26,702
General administration 9,088
35,790
**----- End of picture text -----**
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**Holy Trinity Church Barnstaple Notes to the Financial Statements (continued) For The Year Ended 31 December 2025**
|Premises expenses
General administration
7.
**Staff Costs**
Staff costs were as follows:
**2025**
**£**
Wages and salaries
50,481|**2024**
**Charitable**
**activites**
**£**
35,623
9,553
45,176
**2024**
**£**
41,769|
|---|---|
7. **Staff Costs**
Staff costs were as follows:
No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000.
## 8. **Average Number of Employees**
Average number of employees during the year was: 5 (2024: 5)
## 9. **Investments**
|**Cost or Valuation**
As at 1 January 2025
As at 31 December 2025
**Provision**
As at 1 January 2025
As at 31 December 2025
**Net Book Value**
As at 31 December 2025
As at 1 January 2025
10.
**Debtors**
**2025**
**£**
**Due within one year**
Trade debtors
2,380|**Unlisted**
**£**
45,459
45,459
-
-
45,459
45,459
**2024**
**£**
5,511|
|---|---|
## 10. **Debtors**
Page 12
**Holy Trinity Church Barnstaple Notes to the Financial Statements (continued) For The Year Ended 31 December 2025**
## 11. **Creditors: Amounts Falling Due Within One Year**
|Accruals and deferred income
12.
**Movement in Funds**
**Unrestricted funds**
General:
General unrestricted fund
Designated:
Youth and Children
Hardship Fund
**Total unrestricted funds**
**Restricted funds**
Building Fund
Christians Against Poverty
**Total restricted funds**
**Endowment funds**
Permanent:
CBF Churchyard Fund
**Total funds**
**Unrestricted funds**
General:
General unrestricted fund|**As at 1**
**January**
**2025**
**£**
98,765
4,599
3,201
7,800
106,565
22,502
14,272
36,774
-
143,339|**Income**
**£**
215,483
2,701
693
3,394
218,877
-
37,566
37,566
44
256,487
**As at 1**
**January**
**2024**
**£**
102,467|**2025**
**2024**
**£**
**£**
1,905
9,310
**Expenditure**
**Transfers**
**As at 31**
**December**
**2025**
**£**
**£**
**£**
(221,410)
7,340
100,178
(4,021)
-
3,279
(569)
-
3,325
(4,590)
-
6,604
(226,000)
7,340
106,782
(375)
(7,340)
14,787
(42,751)
-
9,087
(43,126)
(7,340)
23,874
(44)
-
-
(269,170)
-
130,656
**Income**
**Expenditure**
**As at 31**
**December**
**2024**
**£**
**£**
**£**
227,715
(231,417)
98,765
...CONTINUED|
|---|---|---|---|
Page 13
## **Holy Trinity Church Barnstaple Notes to the Financial Statements (continued) For The Year Ended 31 December 2025**
**----- Start of picture text -----**
||||||
|---|---|---|---|---|
|Designated:|
|Youth and Children|6,171|449|(2,021)|4,599|
|Hardship Fund|4,014|647|(1,460)|3,201|
|10,185|1,096|(3,481)|7,800|
|Total unrestricted funds|112,652|228,811|(234,898)|106,565|
|Restricted funds|
|Building Fund|1,494|28,692|(7,684)|22,502|
|Christians Against Poverty|16,600|32,515|(34,843)|14,272|
|Total restricted funds|18,094|61,207|(42,527)|36,774|
|Endowment funds|
|Permanent:|
|CBF Churchyard Fund|-|44|(44)|-|
|Total funds|130,746|290,062|(277,469)|143,339|
**----- End of picture text -----**
## 13. **Transactions with Trustees**
During the year the expenses reimbursed to the trustees or paid directly to third parties were as follows:
**----- Start of picture text -----**
||||
|---|---|---|
|2025|2024|
|£|£|
|Other Expenses|3,545|3,627|
**----- End of picture text -----**
Number of trustees reimbursed for expenses during the year was 4 (2024: 4)
## 14. **Related Party Disclosures**
Page 14
## **Holy Trinity Church Barnstaple Detailed Statement of Financial Activities For The Year Ended 31 December 2025**
|**INCOME AND ENDOWMENTS FROM:**
**Donations and legacies**
Donations and gifts
Cash Collections
Gift aid
**Charitable Activities:**
**Diocesan Fees**
Income from charitable activities
**Church Weekend**
Income from charitable activities
**Church hire and car park rent**
Income from charitable activities
**Climbing wall and other sundry receipts**
Income from charitable activities
**Investments**
Interest from other current asset investments - unlisted
**EXPENDITURE ON:**
**Charitable Activities:**
**Charitable activites**
Charitable activities
Wages and salaries
Light and heat
Repairs and maintenance
Cleaning
Premises insurance
Other premises costs
Printing, postage and stationery
Telecommunications|**2025**
**2024**
**Total**
**funds**
**Total**
**funds**
**£**
**£**
189,732
214,482
11,902
12,950
28,295
29,708
229,929
257,140
1,315
386
1,315
386
12,826
17,980
12,826
17,980
9,458
10,888
9,458
10,888
762
641
762
641
2,197
3,027
2,197
3,027
256,487
290,062
(182,899)
(190,524)
(50,481)
(41,769)
(10,892)
(12,352)
(4,553)
(15,222)
(1,347)
(971)
(7,946)
(4,652)
(1,964)
(2,426)
(3,676)
(2,969)
(1,038)
(1,224)
...CONTINUED|
|---|---|
Page 15
## **Holy Trinity Church Barnstaple Detailed Statement of Financial Activities (continued) For The Year Ended 31 December 2025**
**----- Start of picture text -----**
Audit fees (660) (660)
Sundry expenses (3,714) (4,700)
(269,170) (277,469)
(269,170) (277,469)
NET (EXPENDITURE)/INCOME (12,683) 12,593
**----- End of picture text -----**
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