PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST, BURFORD Charity number: 1130342 Annual report and accounts- Year ctthd 31 December 2025 INDEX Report of the Tr￿ste¢S and General Information Independent Auditor's Report to the Trustees Statement of Fittancial Activities 10 Balance Sheet Statement of cash tlows 12-18 Notes to the Accounts PAROCHIAL CHURCH COUI*CIL OF ST JOHN THE BAPTIST. BURFORD REPORT OF THE TRUSTEES for the year ended 31 December 2025 The t￿￿ee9 prcscm their annual rewrt and financial statements of the charitv for th¢ year ¢nd¢d 3l December 2025. The financial statements have be¢n pr¢par¢d in accordance with Accounting and Reporting by Charities: Statement of Recommended Pr3¢tice appli¢able to Charities preparing their accounts in accordance with the Financial Reporting Standard appli¢abl¢ in the UK and Republic of Ireland (FRS 102) (effective l January 2019)- (Charities So1￿ (FRS 102)}, the Financial Repot1ing Standard applicable in the UK and Republic or ITelllnd {FRS 102) and the Charities Act 2011. The charity's full name is The Parochial Church Coun¢il of the Ecclesi&stical Parish of St John th¢ Baptist, Burford, but il is generally known as the Parochial Church Counril of St. John the Baptist, Burford, which is the naffle used in these financial statements. Alm and purposes The Parochial Chur¢h C0￿ctI (PCC) has the responsibility of ¢oop¢rating with the incumbent in promoting in the ecclesi&stical paris1¥ the whole tni55ion of the church, p&stora]. ¢vang¢lisli¢. socia] and ecumenical. The PCC is also specifically responsible for the maintenaDC£ of the Parish Church of SL John the Baptist, BurfoTd and of the Warwick Hall. Objectives and A¢tivitie5 The a¢livities undertaken by the cburch in year include offering a number of church servic¢s, ¢hildren's and youth group ministry. home groups, prdyer pthnerships. outreach ministries, courses on marriag< parenting and discipleship. together with events which hav¢ brought the local church and community tog¢th¢r. The church gives oround 12.50/0 of giving to th¢ ¢hurch away, mainly through grants overseen by the World Missionarv Committee. We seek to develop deep relationships with selecied mission partnet3 to support them with pr&y¢r, time and money. Our mi55ion partners are engaged in a diverse range of ministries &t local. nation81 and international level. Achievements and Perfomlnee During 2025 th¢re was a change in service pattern to accommodate the increasing numkr of adults and children on Sundays at the I lam service. Semion series included Matthew 13-16, Psalms. 2 Samuel, I Corinthians 12-16. Revel￿10￿ Micah and Genesis 1-12. The church's work with ¢hildr¢n and young people is vibranl andtakes place mostly on Sundays. Typically the church engages with 80 ¢hildren and young peopl¢ ¢a¢h week There are 22 Small GTOUPS where fellowship 15 centred around bible study, prayer and deepentDg friendship. Community artivities in¢luded weekly Coffee mornings* parent and babyttoddler groups, an activity club for the elderlyj and 8n all-age Christtnas luneh. The church building and Warwick Hall offer attractive I'enues for a great variety of 8ctiviiies. including Burford Primary SchTh)l end of y¢ar and Christmas ¢¢lebration services, Burford SchrK)l &rt shows and ¢on¢erts, and meeting spaces for & wide range of community 8rts, culttrnl and filness actlVLties. Meeting rooms are booked by a range of local Charities ond organisataons. PAROCHIAL CHURCH COUNCIL OF ST JO￿￿ THE BAPtlST, BURFORD REPORT OF THE TRusfEES for the year ended 31 December 2025 (eontinued) Investment Poll ' and Performance The PCC i]as decided that the money making up the Fabric and Equipment Fund should be invested in long term, low risk, incorne-producing &ssets ￿1th a viewto maintsining capital and using the in¢ome for the rqmir and maintenanc¢ of its buildings and equipment. To this ¢nd investment5 have been made in: a iesidential propety in Burford. and shares in the CBF Church of England Investment Fund The total annua] income available from these investments for the repair and maintenance of the buildings and equipment in 2025 Was £22,885 (2024 - £24,972). In rnaking these investmenls Ihe chariiy lias taken into account thc ethical b&sis on which money is invested by Ihe CBF Church of England Investment Fund. Finaneial Review General Fund This fund is for the day lo day running and mission of the church and includes ir*ome and expenditure for the Warwick Hall. At 31 [kcem￿r 2025 £233k was held in the General Fund. £40k higher than at the start of the year. Turnover in the Gener&1 Fund was around £450k for the year with tnernbers of the congregation and visitors giving £297k (in¢luding gift aid Tecovery). Of the expellditure, £3 Ik was given for mission and ¢haritable work. Fabric Fund This fun( originating from various legacies, is desi￿ated for the repair and maintenance of the buildingq and equipment of the church and hail. At 31 December 2025 £637k w&8 held in the Fabric FuTrJ, invested in various ways. This is £183k lower than at the start of th¢ y¢ar primarily &$ a result of rewdir and improvement ¢osl to the church and hall during the year. Rcserves Poli It is PCC wlicy to try to maintain a balan¢¢ in the General Fund which equates to at least three months unrestricted payments. This is equivalent to between £90k and £1 Iok. It is held to $rn￿th out flu¢tuation$ in cash flow and to meet emeJEencics. At the year end general reserves exceeded the level required by the policy as the value of the Gen¢ra] Fund w&$ £233k. It is planned to use these reserves for the mission of the ¢hurch with particular consideration given to outreach and p&storal SUPFOrt within the church and wider community. The Fabric Fund is invested to provide an income to meet regular costs of r¢paiT and maintenance. Where this income is not adequate to cover all regul￿ repairand maintenance. or where there are one off fabric ¢osts. this is met by disinvesting from the Fabric FU￿{. Ri8k Mana ement The PCC recognis¢s its responsibilities for managing risk and maintains a detailed Risk Register. Risks are identified, assessed and Qonlrols established throughout the year, with a formal review of the Rtsk Register undertaken on an a1￿Ual b&sis. Risk is managed under the following six categories.. S8feguArdin Repulati0Tr81, Oper8tionai, Financiai. Governance and BUildin￿&brie risks. PARoCH￿L CHURCH COUThCIL OF ST JOH)I THE BAPTIST, BURFORD REPORT OF THE TRUSTEES for the year ¢nded 31 December 2025 (¢ODtiDued) Volunteers The PCC appreciates that the work of St John's is hugely dep¢nd¢nt upon the ¢ontribution of volunteers and wishes lo rewrd its thanks to a]1 who offer their time and talents. uardin The PCC h&5 a Sof¢guarding Policy and has appointed a Safeguarding Officer who acts as the foca] point for concems. All stsff and volunteers working with children and vulnerable adults are recruited using Sater Recruitment principles and are Checked with ihe Disclosure Ba￿Ing Service. All cler&v, stsff, volunteers and trustees undertake the required Dio¢es&n Safeguarding trdining. The Tr￿teeS have approved a Safeguarding Action PIAn which is reviewed annually. Fundraisin The PCC is committed to high standards with regard to fundraising activity and has complied with all laws relating to charitie5 and fundraising. We are clear, honest and open about our activities and fund rdising requirements. We are respeciful to￿.ardS ail supporters, and with the work carried out to meet GDPR regulations have recognised our strong procedures with regards to funthaising inforniation security. The PCC receiv￿ no complaints about its fundraising activities during 2025. Funds are raised primarily through donations frorn church members and visitors to the church. A smaller an30unt is raised from letting rooms in the Warwick Hall. The PCC does not employ any professiona] fundraisers or use commercial participators nor do we ¢old call eTnbers of the public. The PCC has not signed up to any voluntary fundraising scheme or standards. Structure Governance and Mana ement The charity is governed by the PCC, whi¢h ¢onsists of around fifteen me]nber5 plus clergy licensed lo the churclL who serve on the PCC ex-officio. All members of the PCC ar¢ Irustees of the ¢twity. The PCC meets at I￿t six times a year. In addition a Standing Committee meets to consider matters arising between PCC meetings. Other Specialist subcommittees support the ￿'Ork of the PCC. including the Management Committe4 the Finance Committee, the Fabric Committ¢¢ and the Mission Committee. PCC members are elected by vote at the Atu)ual Parochial Church Meeting (APCM) by ￿eThb¢r$ of the electoral roll who are present at the Meeting and in ac¢ordan¢e with Church Representstion Rules. PCC members no]Tllally serve for a period of three yeaT5. The charity is affiliated to the Church ofEngiand, and a4 aresulth&s representatives sitting onth¢ l(Kal deanery and? Potentially, di(K¢se committees. Public benefit The trustees confim that they have complied with the requirements of section 4 of the Charities Act 201110 have due regard to the public benefit guidance published by the Charity Commission for England and Walcs. PAROCH]AL CHURCH COUNCIL OF ST JO￿￿ THE BAIryIST, BURFORD REPORT OF THE TRUSTEES for tbe year ended 31 Defember 2025 (continued) Reference and Administrative Information Trnste¢s The following trustees have sery¢d during the year for the dates shown: Rev T Putt Rev T Adams Mr C Hunter Smart Mrs K Oatridgc Mr A Lord Mrs P Hughes Mr A Salsbury (to 3113125) Mrs J Barham Mr S Brewitt-Taylor Mr lan Johnson (from 3113125) Mrs L Petra Mrs R Reavley Mr A Butcher (to 3113125) Mr P White Mr K lknllie Rev C Reavley (to 17111125) Mr M Thompson Mr R Emerson MrMGee Trustees are either ex-oifi¢io. cfropted i)r elect￿ by the Ar￿UaL Paro¢hial Church Meeting (APCM) in accordance WAth the Church Representation Rul¢s. Charity Registratioll Number. 1130342 Principal Offlct: St John the Bapti￿ ChurclL ch￿￿h Green, Burford, OX18 4RY Auditors: Just Audit & Assurdftce Ltd. 37 Market Square, Witney, Oxon, OX28 ffliE Bank¢rs: CAF Bank 25 Kings Hill Avenue, West Mall1￿ Kent. An additional account is held with TSB. Investment MaD*gers: CCLA Investment Management Limited. Senator Hous< 85 Qu¢¢n Victoria Street, Imdon. EC4V 4ET. CCLA Investment Management Limited is authorised artd regulated by the Finan¢ial CoThjU￿ Autl)ority. PAROCHIAL CHURCH COUI%CIL OF ST JOHN THE BApfisT, BUIIFORD REPORT OF THE TRb'STEES ror the year ended 31 I)ecetDber 2025 {contlDued) nsibilities of the Trustee5 The tr￿Stee$ are restrf)nsible for preparing ihe Annuai Report and the finan¢iai statement5 in accordanc¢ with generdl applicablc law And United Kingdom Accounting Standards (Unit¢d Kingdofft Generally Accepted A￿oUntIng Prdctice). The law applicable to ¢harities in England and Wales requires the truslees lo prepare financial statements for each financial year which give atrue and fair view of ihe state of atTairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing thes¢ f￿ancial statements the tnL%tees are requitEd lo: sel¢¢t suitable accounting policies and then 4)ply them consistentSyJ observe the rneihods and principles in the Charities SORP; make jud¥etnents and estimates that are reasDtMble and P￿￿ent. State whether applicable UK accountirtg standards hav¢ been followed. subject to any material departur¥s disc105ed in the financia] statements. and p￿pare the financial statements on a going-con¢¢m basis unless it is inappropriate to p￿sume that the church will continue to operate. The truslees are resw)nsible for keeping pyoper accounting records that di￿￿O$e with reasonable ￿cura¢Y at any time the financial position of the charity and ¢nable them to ensur¢ that the t[[￿1¢[al statements comply with the CharÉties Act 201 I and the applicable Charities {Accounts and Reports) Regul*ions. Thcy are also responsible for safeguarding th¢ assets of the charity and hence for taking reasonable • for the prevention and d¢l¢ction of fraud and other irregulaLities. The trnstces are responsible for the maintenance and integrity of the charity and financial infomlalion included on the eharity's website. Legislalion in th¢ United Kingdom governing ilLe pieparalion and dissemination of financial state]nents may differ from legislation in other jurisdictions. Approv¢d by the trustees on 16 March 2026 and signed on their behalf b>,: Tom Putt (Chair of meeting) PAROCHIAL CHLTRCH COUNCIL OF ST JOHN THE BAPTIST, BURFORD INDEPENDEiYf AUDrroR'S REPORT TO THE TRUSTEES Opinion We have audited the financial slat¢m¢nls of The Parochial Church Council of St John the BaptisL Burford (the 'charily') for the year ended 31° December 2025, which eomprise the Ststement of Financia] Activitie5, B&lanee Sheet. Cash Flow Statetnenl and Notes to the Financial Statements, including a summary of significant accountinE policies. The financial reporting framework that h&8 been applied in their preparation is United Kingdom Accounting Standards. ¢omprising Charities SORP - FRS 102 'The Financial Re￿rtIng Standard applicable in the UK and Republic of Ireland, and applicable law {United Kingdom Generally Accept¢d Accounting Practice). In our opinion th¢ finan¢ial statements: give a In￿ and fair view of the state of the charity'5 affairs a5 at 31" December 2025 of its incoming r¢sourc¢s and application of resources, including its income and expenditure, for the year then ended. have been properly prepared in accordance with United Kingdom GeneraIly Ac¢epted Ac¢ouniing Practice,. and have b¢en prepared in &¢cordan¢e with the requirements of the Charilies Act 2011. Basis for opinlon We conducted our audit in accordancc with International Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under ihose standards are furthcr described in the auditor responsibilities for th¢ audit of the fJnan¢ial statements section of our report. We are independent of the charity in accordance with the ¢thioal requir¢ments ihal are relevant lo audit of the financial staternents in the UL including the FRC'S Ethical Standar(L and we h¢ive fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence wc have obtsined is sufficient and appropriate to provide a blsis for our opinion. Coneluyions relating to going concern In auditing the financial statement5, we h&v¢ ¢on¢luded th￿ the trustees use of the going concern basis of accounting in the prepardtion of the financia] statements is appropri￿¢. B￿d on th¢ work we have perfom)ed. we have not identified ally materia] uncertainties relating 10 events OT conditions that, individually or collectively, may ¢8St significant doubt on the charity's ability lo continue &s a goingconcern forap¢riod ofat least twelve months from whenthe original finaneia] statements were approved for issue. Our r&8ponsibilities and the responsibilities of the trustees with respect to going concern are de5crib¢d ID the r¢levanl se¢¢ions of this report. Otber iDformxtioD The tr￿leeS are reswnsible for the other information. The other inforniation ¢omprises th¢ information included in the annual report, othei than the financial statements and our audilor's r¢tM)rt thereou. Our opinion on the financial statements does not cover the other infornialion and. ex¢epl to the extent otherwise explicilly stated in our report. we do not express any forni of assurance conclusion th¢r¢on. connection with our audit of the financial statements, our responsibility is to read the other inforniation an in doing so. consider whether the other inforniation is materially inconsistent with the financial statements or OUT knowledge obtained in the audit C*r othen¥ts¢ appears to be materia]ly misststed. If we identify s￿h materia] inconsistencies or apparent materkal missta¢¢meMs. we are required to deternjine whether there is a PAROCHIAL CHURCH CObThCIL OF ST JOHTY THE BAPTIST, BbRFORD LYDEPENDENT AUDrroR?S REPORT TO THE TRUSTEES material mi5Statement in the financial stat¢m¢nts or a material misstate￿¢llt of the odier infortnation. If. based on the work we have perfornie(L we ¢on¢lude that there is a material misstatement of this other infonnation, we are required to report that fa¢t. We have nothing to report in this regard. Matlers on which we are requlred to report by exeeptio In the light of our knowledge and undcrstanding of the charity and its environment obtairRd in th¢ couJEe of the audit. we have not identified materiat mi&stateTnents in ihe Trustces, Annual Report. We have nothing to report in respect of the followin8 matters where the Charities Act 2011 requires us to report lo you if, in our opinion.. adequate accounting re¢ords have not been kept. or the financial statements are not in agreement with the accounting records and returns,. or certain disclosures of trustees, remun¢ralion specified by law are not made" or we have not received #ll the iuformation aRd explanations we require for our audit. Reyponsibilities of1ru5tees A5 explained more fully in the Ststement of Trustees, R￿pOnsIbIlitieS (set out on page 5}. the t￿SteeS are responsible for the preparation of the financial statements and for being satisfied ihat they give a true and fair view, and for such internal control as the truste¢s deterniin¢ is necessary to enable the preparation of finaneial statements that aTe free from material mtsststement, whether due to fraud or error. In preparing the financial statements, the tr￿steeS are responsible for assessing the charily's ability to continue a5 a going Conce￿ disclosin& as applicable, matters relat￿ to going ¢on¢ern and using ihe going concern basis of ac¢ounting unless the trustees either intend to liquidate the ¢harity or to cease operation& or have no realistic alternative to do so. Audltor Responslbllhffies for the audit of the financial ststements Our obje¢lives ar¢ to Obtain r¢asonable assurance about whether the financial statements as a whole are free from materia] mi&statetnenL whether due lo fraud or error, and to Issue an auditor's report that in¢lude$ our opinion. Reasonable assurattce is a high level of assurdnce but is not a guardni¢¢ that an audit conducted in a¢cordallce with ISAS (UK} will always detect a material misstatement when it exisis. MISSI￿¢Ments ¢an arise from fraud or error and are considered rnaterial if, individually or in the aggregate, they could reasonably expected to influence the economic decisions of user5 taken on the basis of tELese financial statements. 'I'he ¢xl¢nt to which our PT(KEdur¢s a￿ capable of detecting irregularilie& including fraud is d¢tail¢d below.. Our assessment f0C￿qed Dn key laws and regul￿10n$ the charity h&s to comply wilh and areas of the financial slatements we assessed as being more susceptible to mi5Stalement. These key laws and regulations included bui were not limiied to Compliance with the Charities 2011, United Kingdo￿ Gen¢rally Accepted Accounting Practice and relevant tsx legislation. PAROCHIAL CHURCH COUNCIL OF ST JOHN THE BAvfisT, BURFORD INDEPENDELYf AUDITOR'S REPORT TO THE TRUSTEES We are not responsible for pr¢venting iTTegularilies. Our approach to detect It￿gUlarItieS included, bul was not limiled to. the follow'Éng.' obtaining an understanding of the charity's policies and pro¢edures and how the charity has complied with Ihes¢, tlwough discussions and sample tesiing of transactiolls" obtaining an understanding of the legal and regulatory framework applicable to the chality and how the charity is complying with that framework. an understsnding of the charity's risk aqsessment process, including the risk of fraud. designing our audit procedures to respond to our risk assessment. and perforniing audit work over th¢ risk ofmanagement override of controls including Trstingofjouma] entries and oiher adjusttnenls for appropriateness, evaluating the business rattonale of significant transaclions outside the norrnal course of business and reviewing estimates for bias. whil￿ coftsidering how our audit work addressed the detection of irregulariti¢s. we also consider the likelihood of detection b&s¢d on our approach. ITregulariti¢s arising from fraud are inherently more difficult to detect ihan those arising from ermr. Because of the inh¢r¢nl limitations of an audit. there is a risk that we will not detect all irregularities, including tkn.$e leading to a materiat misstatement in the financial stat¢ments or non-complian¢e with regulation. This risk increases the more that compliati¢e with a law or regulation is r¢rnotred from the events and transactions reflected in the financial S￿eMents. 15 we will ￿ less likely to become aware of instances of nonwcompliance. The risk is also greater regarding irregularities ¢XCU￿]ng due to fraud Tath¢r than emr. as fraud involves intentional concealment, forgery, coll￿$10n. omission. or misrepresentation. A further description of our responsibilities is availabl¢ on the Financial Reporting Council's website at.. www.frc.org.uklauditorsresponsibilities. This description form5 part of our auditor's report. Use of our report This report is made solely to the charity tnLStees, as a body, in accordance with section 144 of the Charities Aci 2011 and regulations made under section 154 of ihat A¢t. Our work has been undertaken so that w¢ fftight State to the trustees those maners we are required to state to tnjstees in an auditors, report and for no other purpose. To the fullest extent p¢nnitted by law, we do not accept or assume responsibility lo an￿One other than the charity d its tr￿tee$ as a b(KIyy for our audit WOTk. for this report, or for the opinions we have fornie M Russell BFP FCA (Senior Siatutory Auditor) For and on behalf of Just Audit & Assurance Lt￿ Statutory Auditor 37 Market Squar¢ Witney Oxford%hire OX28 6RE Just Audit & Assurance Ltd is eligible for appoinlment as auditor of the charity by virtue of its ¢ligibility for appointm¢nt as auditor of a company under 5eclion 1212 of the Companies Act 2006 PAROCHL4L CHL,RCH COLTrCIL OFSTJOHY THE R4FfisT, BI'.RFORD Statement of Flnaneial Adivi¢ies for theyear end¢d 31 December 2025 Nots Unrestrictejj Dtsip•trd Re$lrktsd FllTrds Fund Total 2025 Into￿t ttrom: Iknn&tl￿ l¢wi Charilable activitie5 Cklwt irading activtties 338.336 33,652 77.979 lJ70 iQ183 1,077 930 349,596 34,581 77.979 24 55 299,603 31,563 71.786 28.302 Tolal incornkng resfill￿￿3 45L.337 2,IX)7 486 412 431254 Raising fiwfs Ch2titsbleaGtivits£s 1,866 134.016 1.866 546.349 411.237 1.097 Totsl expeldlture 135882 548 215 *ti Income befort8lllllsorJ Ve8tmeo¢ wets 40,101 1102.8141 910 161.8031 181.0551 etgain51llDsses) on 79.9201 10.861 Netnov¢tD¢nl In fyndj 40.101 11817341 910 (141.7231 170.1941 TrMn8fer beNeeA futhd$ RecoDEth*tifja of Tot81 Funds bTou8htfonwd 192 840 4 965.914 4 812 5 163 566 Totsi r•nds carri¢d forward 232 941 4 783.179 5 722 5 021.842 5 163 566 Th¢Stol¢n￿tof financiaioctiy1h￿ inrlu&5 ￿irLS wjd Ir6scs reeo8ni$rd in thc ￿r. All incotne and rApuKiitsJr¢ dwsYe% from A¢¢ivill¢5. PAROCHIAL CHURCH COUNCIL OF ST JOHN THE BAPTIST, BURFORD Balance Sheet 8$ at 31 December 2025 Not¢ Ubrestrirted Deslgts*t¢d Rutricted Fund5 Funds Total Fund$ 202S Tothl Funds 2024 Fixed ¥s$ets T4ngibl¢ asscts Inve5th)ents 13 14 4,119.603 663.576 4.783.179 4.119.603 818,960 4.938.S63 4,II9.603 973,880 5,093,483 155,383 155,383 Curftnt ￿¢1$ DebtOTS C￿h 8tbank in hand 15 16 3,847 3.847 83.753 3,222 76.447 Tot*1 Curreit As8tts 81.877 5,722 87.600 79,669 Li*bilitie5 CrediknT5 fg11ing due withthone year 17 NEt C¥rrentAs9¢ts 83280 1¥4rt AsJtt$ 232.941 4,783 179 5.722 5.021,842 5.163.566 Tbt fund& ofthé Cbarity: R¢strieted intottte fi￿d5 D¢signated in¢omE fund5 Unrestri¢*d ittcorne fiLrNL5 18 18 18 5.722 5,722 4.783.179 232.941 4,812 4,965.914 192,841J 4,783.179 232,941 Totsl Charity fundi 232.941 4783 179 5.722 5021.842 5.163 566 The fmanci* rre approved by the PHryKhial Chutth Council on 16 Mar¢h 2026 and $igDedon its behdif by.. Tom Pu (Ctwr of meelin81 Philippa Hughes (Treasurer) Thc notss on page5 12 tn 18 form partof th¢s¢ fioatt¢ial StsteuK￿ts. PAROCHL4L CHtFRCH COUliCIL OF ST JOELY THE BAPTIST. BURFORD Statem¢nl of cssh flows Year¢]￿kd 31 December 2025 Yt4rkn 31 DtttthbEr2025 YeBrth 31 DEt¢rnber 2024 Net incompJl¢xpNuesl forthe rewbnB ￿n￿lI&S ￿r￿$￿eMent f fU]anC￿ activi{￿s) 1141.7231 0.5941 IGgm51q￿5e5 on invethn¢nts 79,921 124,2561 16Jl 15,2671 50 110,8621 128,3021 720 5.867 eMoAlldecre85el in eredrtot5 P4¢ttasb proylded trty {*sed l•lopErntl•8 *L*lYhl Cash ftow* ￿J￿$tt￿8￿ttIVIIItS'. Divmlends, InTere51 End fri￿￿ ￿veStmLy Prweeth from ol'iriithhcnts 'et CASh provulwj byl•g¢d IDI InveStknB•dlv4J 24.256 28.302 9)256 2&302 Ch*nieffitt r*¥b eqMlv•ltthts rti tbc npDrtl•gptrivd 174,4691 C&shandeLqh wi¥iknts al ih¢ctKiIrfthBr¢MTTrg ￿li(￿j 83.753 76.447 Prhiryur C&%h in hllndand otDank Totsl cgsb *#d t*$h equfvatents 76,447 447 83.753 12. PAROCHIAL CHURCH COUIYCIL OF ST JOHN THE BAPTIST, BURFORD NOTES TO THE ACCOUNTS for tbe y￿r ended 31 December 2025 Aeeounting Policies Statement of eompliaDee The finattcial statements have been prepared in accordan¢e with Accounting and Reporting by Ch&rities-. Statement of R¢￿rnMended Practice applicable lo Clwities preparing their accounts in accordance with the financial Reporting Standard applicabl¢ in the UK and Republic of Ireland (FRS 102) (effective l January 2019) (Charities SORP (FRS 102)), the Fit￿claI Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Aci 2011. Bllsly of preparation The PCC me¢ls the definition of a public benefit entity under FRS102. The financial statements have been prepared under the historical Cost convention with items recognised ￿ cost or transaction value unIe5s otherwise stated in Ihe tElevani note(5) lo these fina￿la1 statements. Going concern The trusiees Consider that th¢r¢ are no material uncertainties abotrt the ¢hariWs ability to continue &s a going concern. Incojne Recognition All income is recognised onee the charity has entitlement lo the income. there is su*fi¢ient certainty or receipt and so it is probable that the income will be received and the amounl of incoTne receivable can be measured reliably. Legacy gifts are recognised on a case by c&s¢ basis following th¢ granting of probate when the administrutorlexecutor for the estate has communic8t¢d in writing both the amount and settlement date. In the event that a gift is IA ihe form of an asset other than cash or a financial asset traded on a recognised sto¢k exchange, recognition is subje¢t to the value of the gift being tneasurnble wiih a degree of reasonable a￿ur￿Y and the titl¢ to the asset has been transferred to the ¢haTity. Grants and donations are only included wkn the general incorne recognition criteria are met. Gift Aid receivable is included in income when there is a vatid d¢¢laration from th¢ donor. Any Gift Aid amount re¢overed on a donation 15 considered lo ￿ part of that gift and is treated as an addition ID the same fund as the initial donation unless the donor or the ternis of the apFtal h&ve spe¢ified otherwise. Donated services or facilities are recognised &s income when the ¢harity ha5 control over the item, any conditions associaied with a donated ilem have been met. the r¢c¢ipi of economic bcnefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. On receipt. donated services and facilities a￿ recO￿lsed on th¢ basis of th¢ v￿ue of the g￿ft to the charity which is the amount the chatity would have been willing io pay to obtain services or facilities of equivalent economic bcnefit on the open market. a corresponding amount is then recognised in expenditure in the period of receipt. 13. PAROCHIAL CHURCH COLNCIL OF ST JOHN THE BAPTIST, BURFORD OTES TO THE ACCOU&TS for the year ended 31 Deeember 2025 (Continued) Expemdi¢ure All expendilure is recO￿lSed once there is a legal or constructive obligation to that expenditure, it is probable settlemenl is r¢quired and amounl can measured reliably. All ¢osts are allocated to th¢ applicable ¢xpenditure ￿adIng that aggregate similar costs to that category. Where costs cannot be directly attributed to particular h￿ding5 they have been allo¢aled on a basis constStent wiih the use of resources. All expenditure is a¢¢ounted for on an accruals b&8iS. All resources ex￿nded are inclusive of irrecoverable VAT. Fund aceountlng lJnre5tricted funds are available to spend on activities that further any of the purposes of the Chartty. Designated funds are ￿￿trIcted funds of the Charity which the trustees hake decided at th¢ir discretion to sel aside to us¢ for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the Charity's work or for specific projects being undertaken by the Charity. Furthcr details of each fund are dis¢losed in Not¢ 18. Governanee and Support Costs Support ¢osts have been allocal¢d between governan¢¢ costs and other supwrt. Governance costs comprise the ¢05t of audit. Support costs are those functions that a￿ls1 th¢ work of the charity bul do not dir¢cil)' undertake charitable activities such as salaries of support staff and oftrice costs. Thes'e ¢osls. set out in nole 7, have been allocated as expendituie on charitabl¢ a¢livitie5. Volunteers The valu¢ ofany voluntary help received is not included in the accounts but is described in the trust¢es' annual report. Terniln4doll benefits Tem)in8tion payments are payabl¢ when etDploymenl is terniinated by the chartty before the nornial retirement date or end of employment contract. Termination costs are ￿COgnIsed at the earlier of when the charity can no longer withdraw the offer of the benefits or when the charity recognises any related restructuring costs. Legal el#lm The charity is currently defending a lega] clairn. The potential financial imp￿1 is uncertain, and it is not possible at thi5 5tsge ts) detemiine the likelihood or amouJrt of any liability. The charity holds legal expenses insurance cover which m&y cover some or all of any eventual cost. Any cventual cost will not be significant in the context of aTmual income and expenditure. 14. PAROCHIAL CHLI. iCH COUNCIL OF ST JOILN THE BAIryIST, BURFORD NOTES TO THE Accouyrs for the year ended 31 Deeember 2025 (Conilnued) Investments Investments quoted on a recognised st￿k exchange or whose vatue derives from them are valued at market valu¢ at the year end. Other investment assets are included at PCC'S best estimate of market value Ftxed Assets Conse¢rated aDd benefice property. tn so far BS conse¢rnted and benefic¢ propety of any kind is excluded from the statutory deftnttion of 'charity' by Se¢tion 10(2)(a) and {c) of the Chariti¢s Act 2011 such assels are not capitalised in the fin&nciai statements. Moveable chureh furntshings. These are not capitalised as no single item is considercd material enough to do so. D¢pTeclatlon. No depre¢iation 15 provided on buildings &8 the currently estimated r¢sidual value of Ihe properties is not less than their carrying value and remaining useful life ofthese assets currenlly exceeds 50 years, so thai any depreciation charges would b¢ immaterial. Debtors and Crediton Trade and other debtOTS are reCO￿lSed at the settlement &mounls due after any trade diwount offeroj. Prepayrnents are valued at ihe amount prepaid after taking accouni of any trade discounts due. Creditors and provisions are recognised wher¢ the charity has a present obligation resulting from a past event that will probably result in the transfer of fund5 to a third party and the amount dve to settle the obligation be measured orestirnated reliably. Creditors and provisions are nornially recognised at their settRern¢nl amount after allowing for any trade discounls due. Short terni deposlts This is cash held in bank deposit accounts. 15. P.4ROCIILIL CHURCH couf¥ciL OF ST JOHN THE BAPTIST, BURFOIU) NOTES TO I'HLACLOUNTS for tbt ye*riYded 31 Dv¢mb¢r2025 ICont2nttdl 2. Itstome from and L'nr¢5trkt¢d tle4I8Mttd Rtstrth Funds F¥nds Fun Tolll 1'ot*l 2025 2024 Tax efficlerttp18t￿￿d pving Oth￿p1a)ned giving Special eolleclions Other donattonl mcludin8setvi¢e collectNms fjift aid rEcov¢r¢d L¢8a¢ies rec¢ived Grants 171.572 58.198 171,572 58,198 1,097 22.698 44.832 41200 10,000 169,139 48.835 7.953 21,331 44J45 s,￿0 3.(X>D 1,097 (191 22￿35 44,832 41.200 183 10.000 £338,336 £10.183 £1.077 £349,596 £299.603 3. ID¢Om¢ from cb*rh*bk atti￿￿￿5 LlnrestActcd Doslgnated Restrittsd Funds Fund$ TotAI Fund¥ 2024 202S FECS Iwcddmg4 8ndb*piimsl Church ￿doUtre￿h events Churth t%)0k5￿1 leafiets BeJhefi¢e contsibuiu) 6.941 14,67% 633 11.400 930 7.&71 14,678 633 11.400 5.226 12J09 457 13 J70 Tothl Intome th*ritsble *rtiviti¢¥ £930 £34S81 £31,561 4 ltteomt ¢*rn¢d fron other tNdimgoctiviti U4restrlettd Ikslgnatod R¢5¢ri¢t FuDd$ FuMdA Totsl Fundj 2025 TotAI Fund5 2024 Churth htre 8nd t(xlls Hire of Hall 2(k) 77,779 2(X) 77,779 265 71.521 Totsl ithe0￿* from DthErtr¥dlng actfvltles £77,979 £77,979 £71.786 S. InY¢stm¢ntlJ(*me UDrestrkt¢J De51gA*ltd Restrktod Totsl Funds FundJ 2024 2023 Di¥MJ¢nds Mnd r¢ni In￿est on ¢&hdeN)sits 22.885 22,885 1.370 24.972 3,330 1,370 £1.370 £22,885 £24,255 £28 302 6. Colts ufRatSiDg U•r¢s¢rlcted Desi￿1￿& R¢s¢rict¢d Funds Funds Total Fund$ Total Funds 2024 2025 eA>8tsof m￿sIngi￿Vestrt￿tht pioptrty £1.866 £394 16. PAROCHtAL CHIJRC.H COLtNCII. OF ST JOHNTHE BAYFIS'I., BLRFORD NOTLS TO THE ACCOINYTS for the yearended 31 December2025 ICoDtIDuedl 7. A¥J*lvsts of expeidllure ots chArltabtt *ttlvlti UDr¢slrkted DesffiBllated Resirfi¢t4 Funds Fuods Tot•1 Futt 2025 TDIAI Fullds 2024 MJ"9510n Eiving9nd donatiotLS DIot*￿ParIShShar¢ wmribution Youth & C￿ldren'S work- ptyroll costs Youth & childTen5 othcro)s Clergy 51aff expe￿eS TrainllJ8 BaptisnL W￿lin8 and funeral LhuT¢h and 0￿rea¢￿ty¢￿ts L'pkeep of services Churdj books(all leatlets Replli￿ Bnd Jnaintenm¢c1strnotc 8) Stsff insur￿Ce Uiililits Ichuichl WaNYckHa]l rnnnirtg tosts Ifjcc 81 W8Triyck Hdl sundry Iwts Cosi of wdit Support Costs (s¢¢ wt¢81 31.051 65.844 32,397 2,491 7,134 2,822 1.097 32,148 65.844 32J97 2,491 7,134 2.822 34.489 66,942 1024 10.466 1.820 206 13.981 3,W6 565 34.207 1,486 11,454 94.727 693 4.320 104,068 13,981 3.996 565 168.223 1,486 11.454 94.727 693 4,320 104,068 3,613 614 157,184 .207 5.092 96.378 134,016 3.900 85,266 Totsi £411237 £134.O16 £1.097 46.349 £511,915 8. Furtbcr bre4kdown 2Ots 2024 W¥nvlck Bill Costs Support Stsff- pa)roll COSLS Utiliti&s eourttil t& Tot•1 46,546 48,181 50,484 45,894 £94,727 £96.378 sup￿rtc0Sts Support Stsff. payroll wsts Office costs Photorwy ¢osrs CompuLeT Lxlsts T¢leptLOll¢ and llltemet B*mk ¢tL8 Total 85.980 1.994 1.560 12.728 1,563 243 66,884 2,029 1,450 13.599 1.048 256 Re￿IrS and wdlntellaDte Church. sttvic¢ ¢oniratts and OthEr￿S￿l￿rmal￿tenITh Wftn¥i¢kHall.$ern¢¢ ¢ontr*ts •doth¢r r¢Bu1￿ m&ntenance 16.120 18.086 15.234 18.848 34.207 Churth. other costs wo￿lekHa]1- oth¢TCOSts 123,891 10.125 95.510 27.592 134.016 TDtsI £168.223 £157 184 Jn2025 th¢'Chur¢b. ¢os¢s ill¢lud¢wwk OD Church he&m& the T*ifidd m¢tnonfjt. 8 pU)n￿[C end the west d(M)r statue 9. ADaty¥ii of Jtaff tosts 2023 2024 Salarie8 attd wages Socigj secutitv cosL Pension eom 156.266 4,460 140,547 4,960 2,973 £148,480 £164 923 No ¢mploye¢s hade]m)lu￿Knl5 in tx￿38 oe£60.IKM) (2024.. Nill. 17. PAROCHIAL CHiiRCH COU.%CIL OF ST JOHN THE BAPTIST. BURFORD NOTES TO THE ACCOLTh. TS for ¢heyureDdtd 31 Dettmber20ts IC•nlillu¢dl 10. Sl•ff oumbÈrs 2025 2024 The aveT¥ge numberof¢twk)y¢£s duringth¢ yEarwas &5 follows.. The tswnberof fi]11 titn¢ Gontra¢tcd staffwa% l (2024..2).'fhe remallJin8stsff8rc employ￿ on aparttun¢b8SiS. 11. Rcliltd party tr•wtllon$ tr115tets' txptmsts *lld ￿mullE￿Il￿n The ttuste¢s ail wve free]y oftheir tin* expatise withoul any forjnof r¢mu￿10Th orother benefit orkilld. Notxp￿se5 were incurred by Jny wheo out their duties ts tr￿lL￿. Tru5Lee indemnity itwrttncc ioprote¢t tr￿te¢S &Ewnst Glaims 8rrising from Ihe wformanceof ￿￿1rd￿li¢S is included within thc mHin duLr¢h itisurdncepoliGJ lilis not possxble 10 identify the ¢osr of th¢Twst* iJMl¢mnity insurance ￿ li is part ofthiqlawpolicyl. TnJste¢s Jhttde unconditional donat*)nS totailing£50.Il5 dutirJ8the yrw12024.. £50.2951 12. Pe•slo• EJDplw'e¢s orth¢ charity are entitled to joitt a defi[￿d ¢•n￿b￿l0n-tTr)0ry purch￿. s¢1￿me. The charity's Lxjntiibution restricted lo the conthbuii0Ths disdosed in note 9. There were no oulstsoding ¢nyloyer'soren4)loyee's colllnbutiu￿s al the yearend. rhe mow purthase plEn is rr￿￿88crty {20 Oxford Roal) CBF of InVL%tn￿t￿uthd 462,000 26,510 485,370 162.0001 400.000 26,510 392.450 175.0(M)I 117.9201 £973 8RO 75.OOL) 79.920 £818,9(A) g>1v¢5t¢rCI￿t 5 8ylYest¢rC105c Iv&s on 531e atthe st8n of 2026 with £400,OW bein8the projeckd sale Pr¢￿d5 Oxford Road Thr siwc of propen). a55￿ representsthe PCC'S IDan to the BuTford BeTher￿¢ BanholonM%'Trnst C'BBBT'I ￿able pllrch8se of 20 Oxford Roa¢ Burford tij Othber2010. the p￿pCrtyorlSITra]1y c031 £245,000. Ifthe PTopviv wer¢tsold the PCC would receive 8 s]we of 24122Oof thE neiproceeds. The rtei protetsls beitig t81Th]I￿d s thc sales price le55 IEfurbi5hmenl andother costs incuryed by UBLI"I'. Thi5 is uKluded Bt cost within as the PCC Iw dir¢rt¢ontrol ovcrthepropery orits 88k. CBV Chur¢b of F.Igl•Dd Inv¢Jtme•t Filld uded ill th¢ ULii Ptittof the CBF Ctwrch OfEnglBt￿ Inv￿￿ne￿I bund is￿ M￿￿r￿1 f¢ of 0.55%. This is refle¢t¢d ￿ part of th¢ ¢ban8e in ?￿n￿al markd value 18. PAROCHL4L CFtLTRCH C.OITNCIL OF STJOHP* THE BAPTtST, BIJRFORD OTLS TO TIIE Ae.coDwrs fur theyt*reDded 31 D¢¢¢mber2025 Icontlnutdl IS. Debtors 2025 2024 Gift Teelain 3,847 3222 £3,847 £3.222 16. f.urrEnt AM¢t Invutments 2025 2024 C&5h ¥ b￿nk￿d io hand lutirestricted) C￿h & b&￿atsd ill band Ir¢Stri￿ed) 78.030 5,722 71.635 4.812 £83.753 £76 447 17. Crwlitors: *mOxlltsf*lllDgd￿¢ within gne yeAr 2025 2024 Audit Other rycdi14X5 4.320 £4.320 £9 18 A￿lty$ll of rh¥rltsblt funds ExpEndiiurE Qains I 0.055esl Tra￿re[ Bgian¢e 1.1.25 31.12.25 UnT¢stricr¢d fund Desw*ed futtlis - F*>riC fvnd - W&Mi¢k Hail - BBBT Lk$i￿ated fi￿&￿, tot4] 192,840 451,337 14ll.2371 231941 819,801 4.119.603 ?6,510 4.905,914 33,068 (135,8821 (79.9201 637.Q66 4,119,603 26.510 4,783.179 33,068 (135.882 179.9201 Re*ri¢*d fund 4.812 2.007 {1.097) 5,T22 5,163.566 486,412 1548.2151 {79,920} 5.021,842 Name of fund Dw¢rlpih)ll, aDd purpo8eJ•f the Unrestricod fimd Tht'weral fimd th¢'frrv rcsCDf3' Eft¢rollowinE For*lld¢siswtvl [￿￿5. TheBenernl f￿￿1 is available to t¢ twrfor￿Y0fth&4+wlws pur￿￿5. Tksi8mtsl fimd The"FabrK Iljrtd.. Funds set ¥id¢bythe Ifc to enable it to mttt Itsm￿ntÉwKCT