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2025-12-31-accounts

St Mary’s Church, East Leake

Annual Report of the Parochial Church Council For the Year Ended 31[st] December 2025

Administrative Information

St Mary’s Church is situated at the corner of Main Street and Station Road, East Leake, Loughborough, LE12 6PB.

It is part of the Diocese of Southwell & Nottingham within the Church of England.

The correspondence address is The Rectory, 3 Bateman Road, East Leake, LE12 6LN.

The Parochial Church Council ( PCC) is a charity registered with the Charity Commission. Charity number 1130545.

PCC members who have served from 1[st] January 2025 until the date of this report are:

Incumbent: The Rev’d Timothy J Parker Chairperson Curate: The Rev’d Daniel Bauhahn Associate Priests: The Rev’d Mary Essex The Rev’d Andrew Livingston (until 22[nd] February 2026).

Lay Readers’ Representative : Mr John O’Nions

Wardens: Mr Conrad Oatey Treasurer Mrs Voirrey Paesler Lay Vice-chair Representatives on Mrs Sue Shaw PCC Secretary the Deanery Synod: Mr Colin Knight Mr John Alexander Elected Members: Mrs Pam Peacock Mr Jamie Taylor Mr Jacob Langley Mrs Sharon Purnell Mrs Janet Bonser Mr Ron Hill Mr Daniel Pate Mr Michael Gibbney Dr Debra Bunford Mrs Helen Livingston Parish Safeguarding Officer Mr Matthew Pate

1. Structure, governance and management

The method of appointment of PCC members is set out in the Church Representation Rules. All church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC.

2. Objectives and activities

St Mary’s PCC has the responsibility of co-operating with the incumbent, in promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical.

1

Safeguarding is vital to ensure that children, young people and vulnerable adults are kept safe whilst in the care of the church, an integral part of our church life. The PCC has complied with its duty under Section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have regard to the House of Bishops’ guidance on safeguarding children and vulnerable adults) and has adopted in full “Promoting a Safer Church” as our church safeguarding policy.

The Parish Safeguarding Co-ordinator during the year was Mrs Helen Livingston.

The PCC also has maintenance responsibilities for the Church of St Mary’s and for St Mary’s Hall, both of Main Street, East Leake.

3. Achievements and performance

Church attendance

There were 154 parishioners on the Church Electoral Roll as at the April 2025 Annual Meeting, compared with 161 people as at the 2024 Annual Meeting. The average weekly attendance at church counted during October 2025 was 134, an increase from 126 in 2024.

The attendance at festivals was 177 on Easter Sunday and 78 on Christmas Day.

Online Digital Worship continued during 2025, providing live-streamed services at home.

Review of the year

The full PCC met 9 times during the year. Objectives throughout 2025 have been to lead St Mary’s church, joining together in the transforming mission of God through growing disciples, wider, younger, deeper and in their compassion, confidence and courage.

Financial review

Total receipts on ordinary unrestricted funds were £164,453 and are detailed in the financial statements.

£165,499 was spent from unrestricted funds to provide the Christian ministry from St Mary’s Church, including a £96,500 contribution to the Diocesan Parish Share, which largely provides the stipends, pensions and housing for the clergy.

The net result for the year on unrestricted funds was a deficit of £1,046, almost £1,000 less than budgeted. However it should be noted that, without a legacy of over £2,700, the deficit would have been larger than planned. Although there was an increase in planned giving, it was lower than expected.

After adding bank and deposit balances brought forward at the beginning of the year, the balance carried forward at 31[st] December for unrestricted funds totalled £22,105.

Further increases in giving will be required in 2026 to ensure that costs will be met without significantly depleting the already minimal reserves.

Restricted income / expenditure showed a surplus of £3,669 at the end of the year, with a restricted fund balance of £27,073. Much of this surplus is deposits for the Parish Holiday in the summer of 2026.

This Annual Report was approved by the PCC on 13[th] April 2026

and signed on their behalf by ………………………………………………………………………

2

PAROCHIAL CHURCH COUNCIL OF EAST LEAKE

-

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 December 2025

Note
INCOMING RESOURCES
Donations and Legacies
Income from other events & Activities
Investment Income
TOTAL INCOMING RESOURCES
2
EXPENDITURE
Cost of raising funds
Ministry Expenses
Church Running Costs
Hall Running Costs
Other Expenditure
Administration cost
Major Repairs and Renewals
TOTAL EXPENDITURE
3
NET INCOME/(EXPENDITURE)
Transfer between Funds
Net gains (losses) on Investment
Assets - unrealised
Net Movement in Funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
Unrestricted
Restricted
Total
Total
Funds
Funds
Funds
Funds
2025
2024
£
£
£
£
145,074
11,330
156,404
144,861
18,123
9,416
27,539
27,327
1,256
-
1,256
1,608
164,453
20,746
185,199
173,796
-
-
-
-
120,951
5,917
126,868
134,903
10,424
-
10,424
9,099
8,371
-
8,371
7,140
3,327
2,925
6,252
7,163
13,213
-
13,213
13,647
1,012
-
1,012
540
165,499
17,077
182,576
186,211
(1,046)
3,669
2,623
(12,415)
-
-
-
-
-
-
-
-
(1,046)
3,669
2,623
(12,415)
23,151
23,404
46,555
58,970
22,105
27,073
49,178
46,555

The notes on pages 3 to 6 form part of these accounts.

Page 1

PAROCHIAL CHURCH COUNCIL OF EAST LEAKE

BALANCE SHEET 31 December 2025

Notes
CURRENT ASSETS
Debtors and prepayments
Short Term Deposits
CBF Church of England Deposit Fund
Cash at Bank and in hand
Bank
Cash
Total Current Assets
LIABILITIES FALLING DUE WITHIN ONE YEAR
Accruals and deferred income
LIABILITIES FALLING DUE AFTER ONE YEAR
NET ASSETS
ACCUMULATED FUNDS
Unrestricted Fund
Restricted Funds
2025
Total
£
£
9,764
27,683
14,521
38
14,559
52,006
(2,828)
-
49,178
22,105
27,073
49,178
2024
Total
£
£
8,119
26,799
15,121
8
15,130
50,048
(3,493)
-
46,555
23,151
23,404
46,555
2024
Total
£
£
8,119
26,799
15,121
8
15,130
50,048
(3,493)
-
46,555
23,151
23,404
46,555
50,048
(3,493)
-
46,555
23,151
23,404
46,555

Approved by the Parochial Church Council on 2026 and signed on its behalf by:

----- Start of picture text -----
Chairman Treasurer
----- End of picture text -----

The notes on pages 3 to 6 form part of these accounts.

Page 2

PAROCHIAL CHURCH COUNCIL OF EAST LEAKE

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2025

1 ACCOUNTING POLICIES

The financial statements have been prepared in accordance with applicable United Kingdom accounting standards, the "Statement of Recommended Practice" issued by the Charity Commissioners and the Charities Act 1993.The financial statements have been prepared under the historical cost convention. The accruals basis of accounting has been adopted. The principal accounting policies are applied consistently.

Funds

General funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC. Funds designated for a particular purpose by the PCC are also unrestricted.

The accounts include all transactions, assets and liabilities for which the PCC is 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.

Incoming Resources

Voluntary income and capital sources

Collections are recognised when received by or on behalf of the PCC. Planned giving receivable under Gift Aid is recognised only when received. Income Tax recoverable on Gift Aid donations is recognised when income is recognised. Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement, the amount due is quantifiable and its ultimate receipt by the PCC is reasonably certain. Funds raised by Fund-Raising activities are accounted for gross.

Income from investments

Dividends are accounted for when due and payable. Interest entitlements are accounted for as they accrue.

Outgoing Resources

Grants

Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC.

Activities directly relating to the work of the Church

The parish share payable to the Diocese is accounted for when payable. Any parish share unpaid at 31 December is provided for in these accounts as an operational (though not legal) liability and is shown as a creditor in the Balance Sheet.

Page 3

PAROCHIAL CHURCH COUNCIL OF EAST LEAKE

NOTES TO THE FINANCIAL STATEMENTS (Continued)

2 Incoming Resources for the year ended 31 December 2025

2 Incoming Resources for the year ended 31 December 2025 31 December 2025 31 December 2025
INCOMING RESOURCES
(a) Voluntary receipts
Planned giving
Giving on which tax is recoverable
Income Tax recoverable on giving
Other
Church collections
Donations
(b) Other voluntary receipts
Grants
Legacies
(c) Receipts from activities for generating funds
Hall Income
(d) Receipts from church activities
Fees
(e) Receipts from investments
Interest
(f) Other miscellaneous income
Social Events
Churchyard
Parish Social Fund
Contributions toward Youth Ministry
Contributions toward Expenses
Printing Costs recharged
VAT Recoverable - LPW Grant
Other income
TOTAL INCOMING RESOURCES
Unrestricted
£
£
96,862
25,897
7,754
6,255
5,576
142,344
-
2,730
2,730
5,167
5,167
4,200
1,256
1,365
9
254
3,000
2,737
-
1,391
8,756
Restricted
£
£
-
1,989
-
4,218
5,124
11,330
-
-
-
-
-
-
-
-
-
-
4,268
5,018
-
-
-
130
9,416
TOTAL FUNDS
31 December 2025
£
£
96,862
27,886
7,754
10,473
10,700
-
153,674
-
2,730
2,730
5,167
-
5,167
4,200
1,256
1,365
9
4,268
5,272
3,000
2,737
-
1,521
18,171
TOTAL FUNDS
Unrestricted
£
£
96,862
25,897
7,754
6,255
5,576
142,344
-
2,730
2,730
5,167
5,167
4,200
1,256
1,365
9
254
3,000
2,737
-
1,391
8,756
Restricted
£
£
-
1,989
-
4,218
5,124
11,330
-
-
-
-
-
-
-
-
-
-
4,268
5,018
-
-
-
130
9,416
31 December 2025
£
£
96,862
27,886
7,754
10,473
10,700
-
153,674
-
2,730
2,730
5,167
-
5,167
4,200
1,256
1,365
9
4,268
5,272
3,000
2,737
-
1,521
18,171
31 December 2024
£
£
94,116
26,391
6,834
10,522
5,998
-
143,861
-
1,000
1,000
4,356
-
4,356
4,994
1,608
2,172
35
-
6,491
3,000
2,838
-
3,441
17,977
164,453 20,746 185,199 173,796

Page 4

PAROCHIAL CHURCH COUNCIL OF EAST LEAKE

NOTES TO THE FINANCIAL STATEMENTS (Continued)

3 Expenditure for the year ended 31 December 2025

RESOURCES USED
Costs of fundraising
Activities relating to the work of the Church
Charitable giving:
Church overseas missions
Church societies and home mission
Other Charities
Ministry
Diocesan Parish Share
Expenses of Incumbent
Expenses of Assistant Staff
Honoraria
Service Expenses
Organist Fees
Youth Ministry
Children and Families Ministry
Church Running Costs
Insurance
Electricity
Gas
Water
Repairs
Quinquennial Inspection
Hall Running Costs
Insurance
Electricity
Caretaker
Repairs
Sundry Exps
Other Expenditure
Upkeep of Churchyard
Miscellaneous Expenses
Parish Social Fund
Social Events
General Administration
Printing and Copying
Other Expenses
Salaries
Major Repairs
Fabric
Kneelers
Installations
Surplus/(Deficit) for year before other
recognised gains and losses
Gains/(Losses) on investment assets
Inter Fund Transfers
Net movement of Funds
Opening Reserves
Closing Reserves
TOTAL FUNDS TOTAL FUNDS TOTAL FUNDS TOTAL FUNDS TOTAL FUNDS
Unrestricted
£
£
-
4,000
4,200
-
8,200
96,500
650
1,077
760
4,956
3,845
13,163
-
120,951
2,968
2,947
2,758
216
1,537
-
10,424
569
2,038
4,212
1,463
89
8,371
9
2,018
-
1,300
3,327
4,427
1,840
6,946
13,213
1,012
1,012
165,499
(1,046)
-
-
(1,046)
23,151
22,105
Restricted
£
£
-
922
4,111
3,202
8,235
-
-
-
-
-
-
5,018
899
-
5,917
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
2,925
-
2,925
-
-
-
-
-
17,077
3,669
-
-
3,669
23,404
27,073
31 December 2025
£
£
-
4,922
8,311
3,202
16,435
96,500
650
1,077
760
4,956
3,845
18,181
899
-
126,868
2,968
2,947
2,758
216
1,537
-
10,424
569
2,038
4,212
1,463
89
8,371
9
2,018
2,925
1,300
6,252
4,427
1,840
6,946
13,213
1,012
-
-
1,012
182,576
2,623
-
-
2,623
46,555
49,178
31 December 2024
£
£
-
3,965
7,792
1,962
13,719
93,300
460
1,189
880
4,681
3,664
16,447
14,283
-
134,903
2,875
2,346
2,485
191
1,202
-
9,099
558
2,470
3,900
129
83
7,140
35
4,163
-
2,965
7,163
5,051
2,066
6,530
13,647
-
540
-
540
186,211
(12,415)
-
-
(12,415)
58,970
46,555
-
-
-
165,499
(1,046)
-
-
17,077
3,669
-
-
182,576
2,623
-
-
186,211
(12,415)
-
-
(1,046)
23,151
3,669
23,404
2,623
46,555
(12,415)
58,970
22,105 27,073 49,178 46,555

Page 5

PAROCHIAL CHURCH COUNCIL OF EAST LEAKE

NOTES TO THE FINANCIAL STATEMENTS (Continued)

-
Unrestricted
2025
£
4 STAFF COSTS
Wages and salaries
20,007
No payments have been made to members of the Parochial Church Council.
5 DEBTORS
Income Tax recoverable
Hall Income
Youth Ministry
Other debtors and prepayments
6 ANALYSIS OF NET ASSETS BY FUND
Unrestricted
Funds
£
Cash on Short Term Deposit
610
Other Current Assets
24,323
Current liabilities
(2,828)
22,105
7 FUND DETAILS
Balance
1 January
Restricted Funds;
Social Fund (Holiday)
-
Hardship Fund
779
Young Children / Holiday Club
69
Youth Ministry Fund
-
Charities
-
Childrens Mission
22,556
23,404
Restricted
2025
£
6,793
31 December 2025
3,278
1,544
-
4,942
9,764
Restricted
Funds
£
27,073
-
-
27,073
Income
4,268
4,956
135
5,018
4,664
1,706
20,746
Total
Total
2025
2024
£
£
26,800
37,465
31 December 2024
1,885
1,547
1,435
3,252
8,119
Total
Funds
£
27,683
24,323
(2,828)
49,178
Balance
Expenditure
31 December 2025
2,925
1,343
3,571
2,163
-
205
5,018
(0)
4,664
-
899
23,363
17,077
27,073
Total
2024
£
37,465
27,073

The Endowment Capital of the Birchnall, Potter and Little/Godber Capital Endowment Funds comprise a combination of CBF Shares and deposits. At 31 December 2025 the value of the funds was £2,477 (2024: £2,513).

Page 6

Ind•p•nd•nt Examln•rn Report to th• PCC of SL Marfs East L•ak• Fof Ihe yoar WKled 31 D8cfAnb•r 2025 report i• on the Accounts of the PCC for Ihe yeai eThded 31 Decembef 2024 as set out on 1 to 3. R•si*dlv• r•spMslb6llll•s of trustee and •xamln•r A8 membeffJ of the Parochlal Church Councl (PCC) you are responsble for the w8para1bon of Iho accounts.

u consKler that an a￿lt ￿ not rwjuired loi this und8f secb'on 144 01 the cha￿ Act 2011 (th• Chan1￿ Acl) arwj thal an indepe￿18￿ examvwlKJn 15 needed. It IB my res&￿•￿'1ity to: OX8mlne the accounts under 8ocllon 145 of the Charftlos Act to foll(Yw the procedures laKI do￿ in the Genoral ￿[￿ClI0￿3 by tho Charity Commimionern under soction 145{5>(b) of the cha￿b￿ Act, and . to slate whether port￿l9r mattor5 havo como to my anofrtkn. Basis rf this R•port examlnabon was canled out tn 8ccordance vath Ihe General Dlroclons Iho Charty Comrr#ssioner3. That exarrwnalM>n incI￿jeS a re￿W of the accounb'ng record8 ke￿ by the PCC and comparMn of the acu)unts with those reC￿th. ft also Includes consKlering any unusual rtems or di5cI¢JwTes tho accounts, and 80eklng explanalons Irom you as Iruslees concemky any mattern. Tho wocedur88 und•rtakon do not all the othc• Ihot would be r•Julr•d in an audit, arml Ix)￿￿8nty I do not expre88 an osinion as to whether acants w•s•nt a Irue and lair blew and tho report is lnlted to th08• mattfn get (XA in lh8 Statement bokhv. In•nd•nt Examin•fs &at•m•nt In connec11on wkh my oxamlnthi. IKI matter has ￿)rne tr• my attenkn". (1) gfvos me reasonatAe cause to believe thot in any material re8POCt the requirements to keep rnnlirvJ records kn accordance vath section 130 of the Chaiilies Act. and . to pryre accounts whbch accord vAlh the accountsng re￿rdS arxl to comply th• accounvJ rtyurements of the Chartses Ad have not been met or to vAh, In my 0￿￿n￿n, attenkn shouky b8 drtr￿ In (￿r to enabl• a wopor undortandty of th• aCC￿nts to b• r•achod. Da￿ SimFkn'n RernF*tone 3 FotKuwy 2026