## **Shanklin United Reformed Church Charity Annual Report and Financial Statements for the Year**
**Ended 31 December 2025**
**Shanklin United Reformed Church Charity Annual Report for the year ended 31 December 2025**
## **Administrative Information**
Charity Number 1130459
Shanklin URC is situated in the High Street in Shanklin town centre, on the corner of Landguard Road. The building and the manse are held in trust by The United Reformed Church (Wessex) Trust Limited.
The Elders of the Church who have served from 1 January 2025 until the date this report was prepared are listed below:
Minister Rev Brian Harley Chairman Elected Elders Miss Sheilagh Courtnage Mrs Yvonne Sparks Mrs Ann Foster Mr Robin Wightman Secretary Mr Roy Wilson Resigned in January Mr Alan Hutton Mr Malcom Stevens Mrs Karen Ogier Resigned in January Elected at AGM Mrs Lou Jupe
## **Structure, Governance and Management**
The Elders Meeting operates under the Basis of Union and the Manual of the United Reformed Church. The Elders are elected from among the Church Members in accordance with the Constitution of Shanklin United Reformed Church. The Elders usually meet each month, and bi-monthly members’ meetings are held in person with a Zoom facility for others to connect from home.
.
## **Objectives and Activities**
The Elders Meeting exercises oversight of the spiritual life of the local church. Church Members’ Meetings are usually held six times a year.
The Church Vision Statement reads:
_Our aim is to build up a lively Church as an effective witness to Jesus Christ in the community and to provide a central and flexible resource for all ages and abilities._
The church is part of the Isle of Wight URC Group alongside the congregation at Ryde, though they have remained as two separate churches served by the one ordained minister. He continues to work 75% of the time for Shanklin and 25% for Ryde. Local pastorate expenses are shared.
## **Achievements and Performance**
At the end of 2025, the membership of the church stood at 79. Seven new members were received while seven others had resigned. All year round the church welcomes holiday visitors and there have been a lot of new faces from the local community in the congregation over the later part of the year.
Sunday services continue to be times of great encouragement and have been well supported most weeks with signs of growth. Quite a few people also watch the livestream on YouTube which sometimes leads them to attend in person. Our midweek worship on a Tuesday, Bible Bite, has seen an increase in numbers and this is also streamed to YouTube and is appreciated by quite a few people. There are now two weekly prayer meetings, a daytime one at church and an evening one on Zoom, as well as bi-monthly special gatherings.
Charity Number 1130459
Page 1
## **Shanklin United Reformed Church Charity Annual Report for the year ended 31 December 2025**
Other regular activities comprise The Well, our Wednesday drop-in warm space, several home groups for Bible study and prayer, and our busy parent and toddler group – CatURpillars.
Our ministry extends beyond our walls with monthly worship in two care homes and various school assemblies and visits. We support a member who serves as an Anna Chaplain working among elderly people in the community and two serve as Street Pastors. We seek to work with other local congregations as much as possible with shared worship in the afternoon or evenings and special events and outreach at Easter and Christmas.
Though we only have a few young people at our Sunday gatherings we continue to explore how to rekindle our youth and children’s work and have agreed to release funds to support the new Youth for Christ worker for the area. We run Messy Church four times a year which is very popular and our monthly Encounter café services tend to draw in a few more younger faces.
It has been encouraging that giving has again increased a little, but it was agreed to hold a Gift Day as our annual outgoings regularly exceed income. In spite of this, the church still feels it right to continue to get behind wider mission. Regular gifts are made to support our partner church and its school in Uganda, persecuted Christians in Pakistan, and more locally - IW Youth For Christ, Street and School Pastors, and the Christians Against Poverty Debt Centre. There have also been additional thank-offerings at Harvest time for TEARFUND’s Transforming Communities programme and the local Foodbank, and at Christmas for the work of the local hospice and the YMCA Mother and Baby Unit.
## **Financial Review**
The General Fund is used for the day to day running of the Church and associate activities. The accounts show the offertory income (and the tax reclaimed on it) totalled £81,545 this year, which is up on last year (£64,221) by £17,324, a large part of the increase was due to the Gift day held in May. The total income into the General Fund for the year from all sources was £85,461. The day to day running expenses have also risen again this year to £79,981 from £75,726 last year. Which means that the General Fund has a cash balance at the yearend of £16,267 (last year £10,672).
We continue to be extremely grateful to our regular congregation who have continued to support us financially.
The Youth Worker Fund stands at £6,274 at the year end, the same as last year. We are looking to donate this balance to a new youth work project in the Sandown Bay area over the next two years.
The Maintenance Fund stands at £848 at the year end. (last year £2,033). Of this £336 relates to the balance of the gifts and grants for the work on the PA and AV systems.
For some time, it has been the Church's policy that, funds permitting, we would make donations of at least 10% of the Offertory given to the General Fund (including any Tax Reclaimed). These donations would be made to other charities or individuals as agreed by the Church Meeting. This year the donations were £1,404 short of this target and we will be aiming to make this up during 2026.
## **Reserves Policy**
The Church does not have a reserves policy.
.
Charity Number 1130459
Page 2
## **Shanklin United Reformed Church Charity Financial Statements Year Ended 31 December 2025**
## **Treasurers Statement**
I have prepared the financial statements on pages 4 to 11 for the year ended 31 December 2025.
……………………………………….................................................…………………… Colin Tamcken
Date ………………………………….
## **Independent Examiners Report**
I report on the financial statements of Shanklin URC for the year ended 31 December 2025, which are set out on pages 4 to 11.
## **Respective responsibilities**
The church is responsible for the preparation of the financial statements, and considers that the audit requirement of Section 43(2) of the Charities Act 1993 (the Act) does not apply. It is my responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under Section 43(7)(b) of the Act, whether particular matters have come to my attention.
## **Basis of Independent Examiner's report**
My examination was carried out in accordance with the General Directions of the Charity Commissioners. An examination includes a review of the accounting records kept by the church and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the financial statements.
## **Independent Examiner's statement**
In connection with my examination of the church funds, nothing came to my attention which gave me cause to believe otherwise than that the financial statements accord with the accounting records of the church, and that those records satisfied the requirements of the Act. I am not aware of any matter to which attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
Signed by the Independent Examiner: ………………………………….....................…….. Date: ………….........………..
Name and address of the Independent Examiner:
## **Authorisation Statement**
The Annual Report and Financial Statements on pages 1 to 11 were approved by the Shanklin URC Church Meeting on ………….............................……and signed on its behalf by
Name………………………………………………............….. Signature................................................................................
Charity Number 1130459
Page 3
## **Shanklin United Reformed Church Charity Statement of Financial Activities for the Year Ended 31 December 2025**
|**Notes**
**Income**
Offertory Cash
Gift Aid
Tax reclaimed
Other Income
Bookshop
Shanklin URC Youth
Dividends and Interest
Miscellaneous
Caturpillars
The Well
Grants
**Total Income**
**Payments**
Ministry & Mission Fund
Bookshop
Shanklin URC Youth
Manse
Church
Donations
5
Miscellaneous
Caturpillars
The Well
Depreciation
2
Youthworker
**Total Payments**
**Transfers Between Funds**
4
**Net Income**
**Fund Balances Brought Forward**
**Fund Balances Carried Forward**|**General**
**Fund**
**£**
29,630
39,931
11,984
320
81,865
147
2,717
732
**85,461**
40,008
3,937
20,163
6,750
5,423
0
**76,281**
-3,700
5,480
12,041
**17,521**||**Designated**
**Funds**
**£**
0
0
0
0
0
862
0
0
1,123
814
2,212
**5,011**
862
0
7,097
774
818
**9,551**
3,700
-840
9,390
**8,550**||**Restricted**
**Funds**
**£**
0
0
0
0
0
0
0
**0**
0
**0**
0
0
6,274
**6,274**|**Total**
**£**
29,630
39,931
11,984
320
81,865
862
0
147
2,717
1,123
814
2,944
**90,472**
40,008
862
0
3,937
27,260
6,750
5,423
774
818
0
0
**85,832**
0
4,640
27,705
**32,345**|**2024**
**Total**
**£**
24,129
31,748
10,344
450
66,671
1,039
0
259
1,787
1,231
814
1,314
**73,115**
38,400
1,042
0
2,891
24,264
6,350
5,457
589
830
0
3,000
**82,823**
0
-9,708
37,413
**27,705**|**2024**
**Total**|
|---|---|---|---|---|---|---|---|---|
||||||||||
The notes on pages 6 to 11 form part of this Financial Statement
Charity Number 1130459
Page 4
## **Shanklin United Reformed Church Charity Balance Sheet as at 31 December 2025**
|**Fixed Assets**
**Current Assets**
Debtors
Bookshop Stock
Cash at bank
Shanklin URC Youth Account
Bookshop accounts
Cash in Hand
**Total Current Assets**
**Current Liabilities**
Agency Collections
Creditors
**Total Current Liabilities**
**Net Assets**
**Church Funds**
General Fund
Bookshop
Shanklin URC Youth Account
Maintenance Fund
Caturpillars Fund
The Well
Youth Worker Fund
**Total Church Funds**|**Notes**
2
5
**Notes**
3
3
3|**General**
**Fund**
**£**
0
1,752
16,267
18,019
498
0
498
**17,521**
**General**
**Fund**
**£**
17521
**17,521**||**Designated**
**Funds**
**£**
1,240
2,495
844
2,981
990
8,550
0
**8,550**
**Designated**
**Funds**
**£**
4221
844
848
2537
100
**8,550**||**Restricted**
**Fund**
**£**
6,274
6,274
0
**6,274**
**Restricted**
**Fund**
**£**
6274
**6,274**|**Total**
**£**
0
1,752
1,240
25,036
844
2,981
990
32,843
498
0
498
**32,345**
**Total**
**£**
17,521
4,221
844
848
2,537
100
6,274
**32,345**|**2024**
**Total**
**£**
0
1,783
1,185
19,126
844
3,036
2,145
28,119
414
0
414
**27705**
**2024**
**Total**
**£**
12,041
4,221
844
2,033
2,188
104
6,274
**27,705**|**2024**|
|---|---|---|---|---|---|---|---|---|---|
||||||||||**Total**|
|||||||||||
The notes on pages 6 to 11 form part of this Financial Statement
Charity Number 1130459
Page 5
**Shanklin United Reformed Church Charity General Fund Statement for the Year Ended 31 December 2025**
## **General Fund**
## **Receipts**
## **Payments**
|**Notes**
**2025**
**2024**
Offertory - Cash
29,630
22,129
- Gift Aid
39,931
31,748
Tax Reclaimed
11,984
10,344
Legacy
0
0
Bookshop Donations
220
450
The Well - Donation
100
0
Catering
0
0
Weddings
0
0
81,865
64,671
**Dividends and Interest**
Investments
0
0
Bank Interest
147
259
147
259
**Miscellaneous**
In Memoriam
332
0
Ryde URC Expenses Contribution
1,837
1,468
For Queens Books
0
0
Harvest Supper
318
269
Freedom in Christ Books
90
0
Other
140
50
2,717
1,787
**Grants**
Other Grant
0
0
Manse Repairs Grant
732
108
732
108
**Transfers Between Funds**
0
0
**Total Receipts**
**85,461**
**66,825**
**Net Income - General Fund**
**5,480**
**-8,901**|Ministry & Mission Fund
**Manse**
Water
Insurance
Council Tax
Maintenance
**Church**
Electricity
Gas
Water
Insurance
Piano Tuning
PA/Projection Expenses
Cleaning
Mileage/Travel costs
Fixed Car Allowance
Post and Telephone
**Donations**
Donations Made
**Miscellaneous**
Ishmael Concert
Pulpit Supply
Copyright Licence
Office Expenses
Photocopier
Teaching Materials
Catering
Harvest Supper
Software Licence/Web Site Costs
Other
**Transfers Between Funds**
Transfer to Maintenance Fund
Transfer to Caturpillars
**Depreciation**
**Total Payments**|**Notes**
**2025**
**2024**
40,008
38,400
739
442
0
0
2,466
2,341
732
108
3,937
2,891
2,848
3,613
3,478
2,755
604
531
5,517
5,358
90
90
91
27
2,689
2,633
1,182
1,405
2,753
1,365
911
1,131
20,163
18,908
5
6,750
6,350
0
250
890
605
802
1,073
292
604
1,572
1,548
507
0
606
721
318
269
294
263
142
124
5,423
5,457
3,700
3,720
0
0
3,700
3,720
2
0
0
**79,981**
**75,726**|
|---|---|---|
|||5
2|
Charity Number 1130459
Page 6
## **Shanklin URC Bookshop Profit and Loss 1st January 2024 to 31st December 2025**
|||**2025**|||**2024**|
|---|---|---|---|---|---|
|**Sales**|||862||1,039|
|Opening Stock|1,185|||1,240||
|Purchases|600|||447||
|Less closing stock|1,785
1,240||545|1,687
1,185|502|
|Gross Profit|||317||537|
|**Expenses**||||||
|Bags/labels|23|||0||
|Staff|45|||50||
|General Expenses|24|||10||
|Postage & Stationery|5|||15||
|Shop Maintenance|0||97|15|90|
|Less: Donations to General Fund|||220||450|
|Net Profit|||0||-3|
|**Bookshop Assets**||||||
|Stock|||1,240||1,185|
|Current Account|||2,951||3,001|
|Cash in Hand|||30||35|
||||4,221||4,221|
|**Shanklin**
**Designated Fund Statement**||**URC Youth**
**for the Year**||**Account**
**Ended 31st December 2025**||
|**Receipts**
Basement Café
Transfer from General Fund
Other Receipts
Compasion
Total Receipts
**Payments**
Basement Café Costs
Trips Out
Resources
Compassion
Miscellaneous
**Net Income/Deficit**
**Youth Accounts**
Cash in Hand
Cash at Bank|0
0
0
0
0|0
0
0
0
0
0
0
0
844
844
**2025**|0
0
0
0
0|0
0
0
0
0
0
0
0
844
844
**2024**|
|---|---|---|---|---|
||||||
Charity Number 1130459
Page 7
## **Shanklin United Reformed Church Charity Designated Fund Statements for the Year Ended 31 December 2025**
## **Maintenance Fund**
|**Receipts**
Gift Day Donation - Cash
Gift Day Donation - Gift Aid
Tax Reclaimed
URC Wessex Trust Grant - Windows
URC Wessex Trust Grant - AV
Transfer From General Fund
**Net Income/Deficit**
**Caturpillars Fund**
**Receipts**
Subscriptions
Messy Church
Donations
Other Income
Transfer From General Fund
**Net Income/Deficit**
**The Well Fund**
**Receipts**
Donations
**Net Income/Deficit**|**2025**
**2024**
**Payments**
0
2,000
Fire/Intruder Alarms
0
0
Boiler Servicing Etc
0
0
Other Repairs
0
0
Building Work
2,212
1,206
Windows Secondary Glazing
3,700
3,720
PA and AV Work
Clock Servicing etc
**5,912**
**6,926**
**-1,185**
**1,570**
**2025**
**2024**
**Payments**
1,123
1,231
Food/Drink
0
0
Equipment
0
0
Stationery
0
0
Craft Materials
0
0
Donations
To Shanklin URC (Gen Fund)
**1,123**
**1,231**
**349**
**642**
**2025**
**2024**
**Payments**
814
814
Refreshments
Misc Expenses
Donations
**814**
**814**
**-4**
**-16**|**2025**
**2024**
397
379
558
414
384
1,593
3,452
2,851
0
0
1,875
119
431
0
**7,097**
**5,356**
**2025**
**2024**
402
322
84
0
0
0
0
0
72
49
216
218
**774**
**589**
**2025**
**2024**
289
270
26
310
503
250
**818**
**830**|
|---|---|---|
## **Shanklin United Reformed Church Charity Restricted Fund Statements for the Year Ended 31 December 2025**
## **Youth Worker Fund**
|**Receipts**
Donations - Cash
Donations - Gift Aid
Tax Reclaimed
Grants Received
**Net Income/Deficit**|**2025**
**2024**
**Payments**
0
0
Misc Expenses
0
0
Travel Costs
0
0
Donation -YFC Ryde Youth Work Project
0
0
**0**
**0**
**0**
**-3,000**|**2025**
**2024**
0
0
0
0
0
3,000
**0**
**3,000**|
|---|---|---|
Charity Number 1130459
Page 8
## **Shanklin United Reformed Church Charity Notes to the Financial Statements Year Ended 31 December 2025**
## **1 Accounting Policies**
## **1a Basis of Accounting**
The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP 2005) issued by the Charity Commission, and the United Reformed Church guidance. The accruals basis of accounting has been adopted and the principal accounting policies set out below are applied consistently.
## **1b Fund Accounting**
Unrestricted funds are available for use at the discretion of the church in furtherance of its charitable objectives. Designated funds are unrestricted funds that have been set aside by the church for a particular purpose. Restricted funds are subjected to restrictions on their expenditure imposed by the donor, or contained in the terms of a grant.
## **1c Tangible Fixed Assets**
Freehold property: The Trustees of the church and manse buildings are the URC Wessex Synod Trust . Expenditure incurred on the church and manse is written off in the year it is incurred.
Equipment: Depreciation is provided at the following annual rates calculated to write off assets over their estimated useful lives: Fixtures and Fittings
Coffee House Equipment 20% straight line (over 5 years) Other - Furniture Etc 10% straight line (over 10 years)
## **1d Incoming Resources**
All voluntary giving is included in the financial statements for the period in which it is received. Donations under Gift Aid plus the associated tax recovery are recognised as income when the donation is received. Legacies are accounted for when their receipt is certain and can be properly quantified. All other income is generally recognised when it is receivable.
## **1e Resources Expended**
The URC Ministry & Mission Fund contribution is paid regularly and is included in the financial statements for the year to which it relates.
Resources expended are recognised in the period to which they are incurred and include attributable VAT which cannot be recovered. They are allocated to the particular activity to which they relate.
As most of the management and activity of the church is carried out by volunteers, this intangible cost is not included in the financial statements as this voluntary contribution to the life of the church is incalculable.
## **1f Taxation**
As part of the United Reformed Church, the church is an excepted charity within the meaning of the Taxes Acts. Accordingly it is potentially exempt from taxation in respect of income and capital gains received to the extent that such income or gains are applied to exclusively charitable purposes. No provision for taxation has been made in these financial statements.
Charity Number 1130459
Page 9
**Shanklin United Reformed Church Charity Notes to the Financial Statements Year Ended 31 December 2025**
|**2 Fixed Assets**||**2025**|||**2024**||
|---|---|---|---|---|---|---|
||**Fixtures and**||**Fittings**|**Fixtures and**||**Fittings**|
|**Cost**|||||||
|At 1 January||50,450|||50,450||
|Additions|||0|||0|
|Disposals|||0|||0|
|At 31 December||50,450|||50,450||
|**Depreciation**|||||||
|At 1 January||50,450|||50,450||
|Charge for Year|||0|||0|
|Disposals in Year|||0|||0|
|At 31 December||50,450|||50,450||
|**Net Book Value**|||||||
|At 31 December|||0|||0|
Church - freehold valued for insurance purposes during 2025 at £10,810,869 (2024 £10,435,202)
Manse at 10 Dracaena Gardens - Insurance for the Manse is now paid by URC (Wessex) Trust Limited
The church and the manse are vested in the URC (Wessex) Trust Limited
Contents, Furniture Bookshop stock etc, valued for insurance purposes during 2025 at £215,573 (2024 £215,573)
## **3 Analysis of Net Assets by Funds**
All funds comprise of cash held either in hand or at the bank except for the following:
|Fixed Assets
Current Assets - Stock
- Debtors
- Cash in hand/bank
Current Liabilities - Creditors|**General Fund**
0
0
1,752
16,267
-498
17,521||**Bookshop**|
|---|---|---|---|
||||0
1,240
0
2,981
0
4,221|
## **4 Transfers Between Funds**
|**ransfers Between Funds**|||
|---|---|---|
||**2025**|**2024**|
|Transfer from General Fund to Maintenance Fund|3,700|3,720|
|Transfer from General Fund to Caturpillars Fund|0|0|
Charity Number 1130459
Page 10
**Shanklin United Reformed Church Charity Notes to the Financial Statements Year Ended 31 December 2025**
## **5 Breakdown of Donations and Agency Collections**
|**Donations**
IW Youth for Christ
Romans One Eleven Trust
GEAR
Street Pastors
Wight Churches
Evangelical Alliance
CAP
URC - Myanmar
Anna Chaplaincy
Persecuted Church
Caring 4 Gods People
Offertory Giving|**2025**
**2024**
1,500
1,200
1,500
1,500
100
100
1,500
1,000
150
150
100
100
750
1,150
0
500
150
150
1,000
500
**6,750**
**6,350**
81,545
64,221|
|---|---|
**Donations:** These are donations made to other Charities or individuals from the Church's general funds.
It is the Church's policy that, funds permitting, these donations should be at least 10% of the Offertory giving to the General Fund (including any Tax Reclaimed).
|**Agency Collections**
Tear Fund
YMCA - Mother & Baby Facility
Christmas Appeals
Mountbatten Hospice -2025
YMCA - Mother & Baby Facility -2024
Release International - 2023|**2025**
**2024**
492
501
605
0
498
0
90
414
0
130
**1,685**
**1,045**|
|---|---|
|**Agency Collections- Current Liabilities**
(Balance not paid over at Year End)|||
|---|---|---|
|Mountbatten Hospice|498|0|
|Release International|0|381|
|Caring 4 Gods People|0|39|
**Agency Collections:** These are donations received in response to specific appeals for other Charities, Organisations or Individuals.
These donations are then passed on in full to the appropriate Charity, Organisation or Individual.
Charity Number 1130459
Page 11