THE PAROCHIAL CHURCH COUNOL OF ST THOMAS, LANCASTER REPORT AND Accou1￿5 FOR THE YEAR ENDED 31 DECEMBER 2025 THE PAROCHIAL CHURCH COUNCIL OF ST THOMAS. L4NCASTER YEAR ENDED 31" OECEMBER 2025 CONTENTS Legal and administrdtive information Twstees annual rewjrt Independent examiners report io Statement of financial activities li Balance sheet 12 Notes to the accounts 13 THE PAROCHIAL CHURCH COUNCIL OF ￿ THOMAS. LANC￿ER YEAR ENDED 31 DECEMBER 2025 LEGAL AND ADMINISTRATIVE INFORMATION The Parish of St Thomas Lancaster. Diocese of Blackburn Ichurch of Englantll Church Office The Centre at St Thomas, Church, Marton Street, Lancaster LAI IXX Tel. 01524 590 410 Bankers Barclays Bank Independent Exarniner of the accounts CWR. Charte￿d Accountants. 20 Mannin Way, Lancastsr Business Park. Caton Road. Lancaster. LAI 35W Legal officer The Diocesan Registrar, Di¢xesan Registry, Napthens, Dar4ven House, Walker Office Park, Blackburn, BBI 2QE THE PAROCHIAL CHURCH COUNCIL OF ST THOMAS. LANCASTER YEAR ENDED31 DECEMBER 2025 TRUSTEES ANNUAL REPORT STRUCTURE, GOVERNANCE AND ADMINISTrATION Charity Status and local Charitie5 With which the PCC interacts The Parochi31 Church Council IPCCI is a corporate body estsblished by the Church of England. The PCC operates under the Parochial Church Council Powers Measure and as a charity is registered with the Charity Commission- tharity number 113 0550. The PCC has no other charities under its control. The PCC pays Parish Share, at a level set by the Diocesan Synod, to the Blackburn Diocesan Board of Finance Ltd (Registered Charity) to provide the stipends for the clergy. support other p3rishe5 in the diocese, for vicarage repair5. pay for the central work of the Blackburn Diocese and the national work of the Church of England. Members of the PCC These are ewther ex-officio or elected according to Church Representation rule5 at the Annual Parochial Church Meeting IAPCMI. The Churchwardèns are chosen by the Vicar and those present at Meeting of Parishioners, held immediately before the APCM. Licensed Clergy Vicar: Revd Mark Bradford Jenny Guilder (from November 20251 Will shepherd Kevin Glazebrook Jill Bundy Associate Wicar. Curate- Churchwardens: Representatives on the Deanery Synod1S member51 to APCM 2026: Kevin Glazebrook Phil Shentsll Vacant Vacant Vacant from APCM 2023 from APCM 2023 Elected members112 members): TO APCM 2026 Hannah Bell Barry Lucas Geoff Trimnell Vacant from APCM 2023 from APCM 2023 from APCM 2023 TO APCM 2027 Hazel Cutting Chris Dixon Corina Redmore Robyn Remke from APCM 2024 from APCM 2024 from APCM 2024 from APCM 2024 THE PAROCHIAL CHURCH COUNCIL OF StTHOMAS, LANCASTER YEAR ENDED 31 DECEMBER 2025 TRUSTEES ANNUAL REPORT (Continued) TO APCM 2025 Lesley Drummond Vacant Vacant Vacant from APCM 2024 CL￿pted Richard Eglese (Treasurer) Ruth Hassall Katharine Shentall PCC Secretsry Inot a PCC member) The appointment of PCC members is governed by and set out in the Church of England Representation Rules. Members are elected for a term of three years after which they may not Stand for rtrelection for one year. Members elected to fill casual vacancies may stand for re-election for a further term of three years at the end of their two or one year temi. Deanery Synod members are elected for a three-year temi and may Stand for re-election immediately. However, in line with the updated 2020 Church Representation Rules, the 2020 APCM voted that henceforth, individuals may not serve for more than two successive terms on Deanery Synod. The PCC may co-opt up to two more electoral mll mèmbers if they wish to. Committee Structure Standing Committee - the only SU￿0mMIttee required by church13w. It has power to transact the business of the PCC between its meetings. Thi5 is composed of the clergy licensed to the parish, the chuichwardens and treasurer, and three other PCC representatives, appointed at the first meeting of the PCC following the APCM. Mission Support Group- has PCC and other church members working to promote mission links nationally and overseas. The PCC sets aside IO% of giving income and this team makes recommendations to the PCC for allocation of support to individuals and charitt.es involved in mission work. They Elso award small grants to individuals on short-term Christian voluntary mission projects. Alison Johnstone is chair of the Mission Support Group. Safeguarding 5ub-group-This subgroup works with PCC reps and staff to ensure an integrated approach across all safeguarding matters. Mary-jayne Carter is the church's Safeguarding Children Advisor, and Janet McRae-Taylor is the church's Safeguarding Adults Advisor. Health and Safety- The PCC is ￿pOnSIble for Health and Safety and has approved a Health and Safety policy. Airns ofthe Churth The official aim of the PCC is to~cooperate with the minister in promoting in the parish the whole mission of the Church. pastoral. evangelistic, social and ecumenical". IPCC IPowersl Measure 19561. THE PAROCHIAL CHURCH COUNCIL OF ST THOMAS. iANCASTER YEAR ENDED 31" DECEMBER 2025 TRUSTEES ANNUAL REPORT (Continued) The Historical Purpose of St Thomas, Church is to provide an evangelrcal charismatic expression of Anglican worship in Lancaster. This historical commitment is renewed and strengthened by membership of the Evangelical Alliance, regular p3rticipats.on in the New Wine network. and as a parish actively supporting the work of the Diocese of Blackburn. VICARS ANNUAL REPORT 2025 was a year of both consolidation and fresh vision at St Thomas. 1st Tees). As our Vision 2025 forged during the pandemic in 2021 came to its natural end, we found oursefves not at a full stop but at a turning point: grateful for all God has done, and expectant for what lies ahead. Out of a Staff and PCC Wision Day in February, and months of prayer and conversation, a renewed sense of calling began to crystallise around the word tronsform(Jtion. We believe God is inviting us to become a community'where lives are transformed, _ where encounters with Jesu5, in the presence and power of the Holy Spirtt, and for the glory of God. make all the difference: to minds, heart5, relationships. and whole communities. Four transformational priorities now shape our direth"on. drawn from the p￿Yer of Ephesians 3 - that we might grasp how wide and long and high and deep is the love of Christ: Higher Expectation, Wider Embrace, Deeper Discipleship. and Longer Outreach. What follows is an account of 2025 under th￿ headings. l. Higher Expectation We began the year as we always do, with a week of 24n prayer in January - praying day and night, whether in the Church Centre prayer room or from home. Monthly Altogether Prayer, gatherings continued throughout the year. and in June we hosted a Diocesan Half Night of Prayer at St Tees, with Bishops Philip, Jill, and Joe joining us for an evening of extended worship and intercession. Bible teaching took the congregation on a rich journey through the year. A series on 2 Corinthian5 8- 9 in January explored generosity. culminating in Generosity Sunday - a moment to celebrate that 80% of our income comes from congregational givin& and to seek God's guidance for the year ahead. 'Fully Alive,, launched in February, tackled the seven deadly sins through the lens of Jesus, promise of life in 311 its fullnes5. A six-week series on Philippians followed after Easter, and in the autumn a live- week exploration of Luke 15 'Lost and Found. drew us deep into the parables of the lost sheep, the lost coin. and the prodigal son. asking what it means tor St Tees to be a 'seeking church, in Lancaster. Our worship teams continued to serve with skill and devotion across four weekly gatherings gam, 11am, 7pm, and midweek. A songwrikn.ng day in February brought musicians and writers together to create new material rooted in the life of our community. and plans for wider creative training began to take shape. 2. Wider Embrace St Tees welcomed around 650 people across our two Christma5 Eve Carol Servite5 and 300 on Christma5 Day - wonderful opportunities to share the good news with family. friends, and neighbours. Advent and Christmas were full of life: Beer and Carols brought people together in a relaxed outreach sethng, Light Explosion in October offered families a creative Halloween alternative, and our Community Open Day and Summer Fun Day in August- organised byAbi Andrews and a THE PAROCHIAL CHURCH COUNCIL OF ￿THoMAs. LANCASTER YEAR ENDED 31" DECEMBER 2025 TRUSTEES ANNUAL REPORT (Continued) dedicated team of volunteers - filled the church with fairground games, crafts, face-painting, a football penalty shootout, and hot dogs, drawing new families into our building and community for the first time. Men's antl women's ministry maintained a steady rh￿hm. A monthly group for men continued to meet for honest conversation about life and faith, and women's gatherings offered Spaces for friendship and spiritual reflection. including a popular craft evening. 3. Deeper Discipleship Life Groups continued to grow under Ruth Ha5sall's coordination. meeting a deep need for belonging and authenticcommunity. Growing Leaders ran for a second year, equipping lay leaders for ministry within and beyond the church. Maddie Shaw joined us in January as an intern. exploring youth work, community engagement with asylum seekers, and children's ministry, while undertaking the Diocese's Authorised Lay Ministry IALMI programme a wonderful example of investing in the next generation of leaders. By the autumn. Maddie had transitioned into a youth assistant role on the staff tsam. Ministry across every age continued to bè 3 hallmark of St Tees. Abi Andrew5 and Alison O'Neill led vibrant children's work, with Abi also taking on an expanded role in Children and Families. Claire Lunn-Rockliffe was appointed to cover youth work while we searched for a permanent post. Our studeFrt ministry, led by Will Shepherd. welcomed a new cohort each autumn with Freshers, Fair, student tea5. and host family hospitality. Thursdays at St Tees with their shared meal, chair-based exercise. and midweek worship - remained a lrfeline tor our Third Age cownmunity under Jeanette Main's leadership, with Rachel Klein joining the team in September as an assistant. 4. Longer Outreach Alpha ran in the spring and was relaunched in January 2026, with Will Shepherd and Jenny Guilder championing it as something more deeply woven into our DNA- as we look for evangelism to become not a once-a-year event but a regular rhythm of invitation. Our commLJnity engagement work remained wide-ranging. The Ark continued to provide meals and support for those experiencing homelessness. led by Daniela Flint and the team. The Asylum Seeker and Refugee Support Network ran weekly drop-ins, and Refugee Week in June included chai-and- chat sessions and a Resolute moonlight walk raising awareness and funds for Tearfund's refugee work. Police Lunches continued to build relationships with our neighbours in the constabulary. And our trauma-informed parenting support evenings, led by Anna Dawson and Alex Sayer, offered vitsl care to adopters and foster carers. In July. the staff team undertook Renew Wellbeing trainin& exploring how the church might develop a wellbeing-focused space in our foyer- prayerful. present. and partnering with other5 a5anew expression of communrty transformation on Penny Street. Our work with Bowerham Primary School deepened markedly. For the first time, we delivered RE lessons to every year group in the School - covering topics from Why do Christians say God is a Father?, with Year I through to 'Why is it sometimes difficult to do the right thing?, with Year 5 both in the classroom and in church. This represented a step-change in our school engagement and a real fulff Iment of our vision for deeper community roots. THE PAROCHIAL CHURCH COUNCIL OF sfTHOMAS. LANCASTER YEAR ENDED 31 DECEMBER 2025 TRUSTEES ANNUAL REPORT {Continued) Mission Sunday in June drew the congrewation together around the breadth of Gorl's purpose5, Wlth mission partners sharing in each service. Our Eco Church journey continued, with Silver-level assessments in Worship and Teachin& Buildings and Energy, and Community Engagement - and a commitment to pre55 on towards Gold. Enabling The staff team grew and changed significantly during the year. We welcomed Keith Robin50n, Claire, Maddie, Lena Dietsch, Rachel, and Jenrby Guilder- Jenny joining as Associate Minister in November. a role focused on ev3nEelism and community transformation, funded through a generous arrangement with the Diocese. Ali Demet departed at the Start of the year for work with the Diocesan Youth Team as well as Christians Against Poverty ICAPI locally, and Zenon Rush-morgan moved on for family reasons. In the autumn, the PCC commissioned an organisational and culture audit, led by a team including Robyn Remke. Hannah Bell, and Chris Dixon, to ensure our operations truly serve our mission a5 we move into a new seasoft. Seeurity also received significant attention, with dedicated staff sessions on Martyn's Law and building access procedures important work in caring well for those who gather with us. Looking Ahead As we move into 2026, we do so wtth that sense of gospel transfom?otion as our deepest prayer and with a team and congregation ready to step further into all that God has for us. The same God who has led us this far is. we believe, 'able to do immeasurably more than 311 we ask or imagine., On behalf of the staff team. the PCC, and the whole St Thoma5, community. l offer this report with gratitude for all that God has done among us - and with a prayer that 2026 will see even more lives transformed by his grace. The Revd Mork 8rodford Vicor St Thomas, Loncaster Febru(Jry 2026 Going concern After making appropriate enquiries. the board of Trustees has a reasonable expectatiorb that the PCC has adequate resources to continue to operational exirtence for the foreseeable futu￿. For this rea50n, it continues to adopt the going concern basis in preparing the financial statements. Financial review The church's accounts have been inspected by our accountants CWR for approval by the PCC at its meeting in March 2026. The income in 2025 from planned giving and other donations was up by aboLrt 8.5% compared with 2024. There was an encouraging response from members of the congregation to a series on Generosity in January 2025. which is one reason for the increase. Income from other sources, such as renting rooms in the Centre, renting of the Annex by Lancaster Men's Hub, and income from use of THE PAROCHIAL CHURCH COUNai OF STTHOMAS. iANCAsfER YEAR ENDED 31- DECEMBER 2025 TRUSTEES ANNUAL REPORT (Continued) the car park also increased, so the total income to the General Fund for 2025 exceeded that for 2024 by about 10%. Expenditure was carefully managed, so that by the end of 2025 the totsl expenditure for the General Fund was less than the total income. allowing our reserves to increase to about £149,000. This sum is within the range which the PCC have set as the appropriate level to enable the continuation of planned activities and ongoing developments. Parricular items to note in 2025 are= The Parish Share in 2025 was £158.490. This amount was ag￿ed after a meeting with representatives of the Diocesan Board of Finance. The Parish Share includes Contribution5 to the Stipend5 of clergy working with St Thoma. The different missionary organisations and individuals supported are 5ummarised in Note 12 of the accounts. Anonymous donarions to mission partners have also contributed to their support. In addition. donations were sent to our mission partner in India, following natural disasters in the region. The church a150 gave financial support to the Olive Branch (through Harvest Sunday), Christians Against Poverty, Lancaster & District Homeless Action Service and Tearfund (through Tearfund Sunday). In 2025, money from the Heart of the City restricted fund was used mainly for work on major repairs to the churth building las part of Phase1111. Acting on professional 3dvice, a limited Company named St Thomas, Lancaster Developments Limited ISTLDLI was sèt up in 2018 and continue5 to handle some of the finances associated with the HOTC project. The PCC is the sole shareholder of STLDL and ￿ceiVe5 regular reports of its financial actr"vitr"es which are reported separately to the church accounts. Regular donation5 to the church may be made using the Parish Giving Scheme. by standing order or other methods. Any member of the church who 15 a taxpayer should consider making use of Gift Aid SO that tax can be reclaimed on Ilonations. Please contact the Treasurer, Richard Eglese, or the Covenant Secretary, Ru55 PartTngton. if you would like any assistance. I would like to thank all those who have worked in the Finance Team to manage the finances, particularly to Katharine Shentall and Russ Partington as Covenant Secretary. I would also like to thank those who have helped to count the cash Collections after 5ervice5 in church. We thank God that our financial needs have been met in 2025 and prny for this to continue in 2026. Richard Eglese Church Treasurer THE PAROCHIAL CHURCH COUNCIL OF STTHOMAS. LANCAsfER YEAR ENDED 31" DECEMBER 2025 TRusfEES ANNUAL REPORT (Continued) Public Benefit The Trustees are aware of the Charity Commission Guidance on providing public benefit and have had due regard to this in exercising their duties during the year. This advice has been referred to when reviewing the aims of the church and planning future activities that are for the public benefit. Reserves Policy The only free reserves held by the PCC relate to the General Fund. The PCC considers that to allow the Church to be managed efficiently. and to provide an appropriate buffer to enable the continuation of planned activities and ongoing developments, it is necessary to maintain a General Fund balance equivalent to three to six months nomal expenditure charged to the fund. Further details can be found in the accounting policy notes. Investment Policy and Powers All investments are agreed by the Trustees. which has regard to the Charity Commission guidance in relation to charity investment policy. Risk Management The PCC examines the major risks that the Church faces each financial year when preparing and updating Its budget and activities plan for the forthcoming year. The PCC has developed systems to monitor and control these risks, both financial and non-financial to mitigate any impact they might have on the Church in the future. Trustees Responsibilities in Relation to the financial Statements Law applicable to Charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the Charity's financial activities during the year and of its financial position at the end of the year. In preparing those financial Statements the Trustees a￿ required to= Select suitable accounting policies and then apply them consistently. Make judgments and estimates that are reasonable and prudent. State whether applicable accounting standards and statements of recommended p￿Ctice have been followed subject to any departu￿ disclosed and explained in the financial statements,. and Prepare the financial ststements on the going concem basis unless it is inappropriate to presume that the Charity will continue in bu5ine5S. The Trustee5 are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and enable them to en$Ll￿ that the financial statements comply with the Charities Act 2011 They are also ￿spOnSible for safeguarding the assets of the Charity and hence for tsking reasonable steps for the prevention and detection of fraud and other irregularitres. The trustees, report was approved by the PCC on ..23.13 . 2025 and signed on its behalf by.. Mark Bradford Vicar THE PAROCHIAL CHURCH COUNCIL OF ST THOMAS, LANCAsfER YEAR ENDED 31 DECEMBER 2025 INDEPENDENT EXAMINERS REPORT Independent examIne￿S report to the Trustees of The Parochial Church Council of St Thomas, Lancaster I report to the Trustees on my examination of the accounts of The Parochial Church Council of St Thomas, Lancaster for the year ended 31° December 2024. which are set out on pages 10 to 21. Responslblllties and basis of ￿pOrt As the charity Trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the reqU1￿MentS of the Charities Act 20111'the Act'l. I report in respect of my examination of the Trustee's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed 311 the applicable Directions given by the Charity Commission under section 14515llbl of the 2011 Act. Independent examlnerfs statement Since the gross income for the year exceeds the arnount provided in section 145131 of the Act, I confirm that l am qualified to act as Independent Examiner under the provisions of that Section of the Act and that my qualification is shown below. I have completed my examinakn"on. I confimi that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect= 111 accounting records were not kept in respect of the Trust as required by sethon 130 of the Art- or {21 the accounts do not accord with those records,- or 131 the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Chartties (Accounts and Reports) Regulations 2008 other than any requirement that the accounts gNe 3 'true and hir view, which is not a matter considered as part of an independent examination. I have no concerns arbd have come across no other rrtatter5 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. Mr Phillip Dennison ACA FCCA For and on behalf of CWR Accountants 20 Mannin Wav Lancaster Business Park Caton Road Lancaster LAI 3SW Date.. 1.1. . io THE PAROCHIAL CHURCH COUNCIL OF ST THOMAS, LANCASTER STATEMENT OF FINANCIAL ACTIVITILS FOR THE YEAR Ef4DED 31ST DECEMBER 2025 UDre5tricted Funds Restriittd Designated Funds Funds Totsl Funds 2025 Note 2024 INCOMING RESOURCES Income and emdowments from" Generaiing funds Donations and legacies Chariiable Aclivitte5 Investtnenls 10,101 490556 102.110 6587 io.Ioi 551.36? 102.110 6.587 14,373 503.905 81,849 6,00_1 2b13b14 TOTAL 615.354 670.160 606.130 RESOURCKS EXTENDED Expenditure on: Coll o(G￿tratIng Funds CharÈiablc Aeiivilies 1491 -588.48.% 569.744 27247 51.899 648.890 3f14 TOTAL 569.744 ?7.?47 51.899 fv18.8 588,436 NET INCOMFJILYPENDfTuREI FOR THE YEAR 45,610 23.9.59 1482991 21.270 17,694 TRANSFERS BETWEEN FUNDS 2gf2h13n2 124,8331 50.576 19.867 18741 17,694 BALANCFS BROUGHT FORIVARD AT 1ST JANUARY 2024 ?.650.876 140.386 1.294 ? 79? 556 2.774,862 BALANCES CARRIED FORWARD AT31ST DECEMBER 2024 2glY4 ? 670.743 139512 3.571 ?.813.8?6 2.792.556 li THE PAROCHIAL CHURCH COUNCIL OF ST THOMAS, LANCASTER BALANCE SHEET AS AT 31ST DECEMBER 2025 Note 2025 2024 FIXED ASSETS St Thomas Centr¢ Land Annexc 2,451,364 30,(KK> 40,518 2.521,882 ?451.36A 30,(X)O 40.518 2.521,88? 13 CURRENf ASSETS Debtor5, Prepaymenrs and Accrued Incon)e Investmen(s Bank and Cash 38,201 156.584 118.757 313.542 26.976 150,105 132.808 309.889 14 LIABILITJES Crediiors.. Amounts falling duc within one year 15 121.598) 139.215) NEf CURRENT ASSETS 291.944 270.674 TOTAL ASSETS CURREKf L￿BILITI 2.813,826 ?,792,556 NET ASSETS 2,813.826 ?.792,556 Represenied By FUNDS Unre.stricied - General Fund Unresiricted - Fixed Assei Reyaluaiion Fund 2g 148.861 2,521.882 2.670,743 128,994 ?.5?1,88? 2,650,876 Restricted Designaied 139,512 3,571 140.386 1,294 TOTAL FUNDS 2.813,826 ? 792.556 Approved by the Paro¢hial Church Council on .. 23 and signed on its. behalf by.. Mark Bradford Vicar 12 THE PAROCHIAL CHURCH COUNCIL OF sr THOMAS. LANCASTER NOTKS TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2025 ACCOUNTING POLICIES The financial staietnents hai'e been prepaTed in accordance the Chureh Accounting Reglllauons 2(KJ6 and in compliance with the provi5ion5 of FRS102. The Fllwjcial RqK>ning Sthndard applicable in the UK and the Republtc ol Ireland,. The finatKial statet￿￿t5 hai'e been prepa￿d under the hi51orical c05t convention excepi for the I'al￿atiOll of invesimcni assets, whieh art shothTJ ai matkei value. and ihe valuation olte]tirn Freehold Properties. which are show) at market value ai their la51 professional valuauon itk 1993. The members of the PCC consider that there arc Do ￿￿terial UllCCttsintie5 ai¥)ut the Church's ability to ontitlue as a goittg concern. Funds {il General Fund represents the funds of the P.C.C. thai are noi subjea to any restrictions regarding ir use and )te available for applica¢ioTr on the general putPD.ses of the P.C.C. lill Desigllated Funds are unteslricled fut￿$ which can only be used lor the particular purpose of the designation by the P.C.C. at)d are available io be apphed on the gener21 pwpo%e% of the P.C.C. liiil Restricted Fund$ can only be ustd for the purposes for which the funds wert g]ve]L and cannoi be made available for the general purposes of the P.C.C. livl The only'free. reserves held by the P.C.C. therefore relaie io the General Fund ii%elf. The P.C.C. njust ]natch what is e55enlially a variable illcome stream. with expenditure colljmilmenls which are of a fixed Thature. Consequently. the P.C.C. considers Ihai io allow the Church 10 be managed effjciently. arKI io provide an dppropriaie buffer io enable the coniinuation of planned activities and ongoing developments. il is Tre¢ewry 10 maintain a Genetal Fund b#laTr¢e equivalent io rhree 10 Six months [Jorn￿ exFtndill￿e char4ed 10 the Fund. By way of illusiration, ar 3 1st December ?025. four months expendiiure would a￿K)Unt to approxtrnaiely £174,000. a5 compared to the baianee on Genernl FuTrd of£149.0(K). Iv) The accounts include all 1[a￿sactIOns. assets and liabililies forwhich ihe P.C.C. TS resFK)nsible in law. Thcy do not include the aecounts of church grollps thai owe their tnain 21fJli2uon to another b(yJy nor those thai are infornul gadKrings of Church n￿mbers. IDcome and Endowments li} Voluni Income and Ca iial Sout¢es Collections ate recognised when received by or on behalf of the P.C.C. Planned giving receivable utlder covenani i5 fEwised only when received. Inco￿￿ tax recovered on covenanrs or gift aid donations LS recognised in the year for which the ncome tax is recoverdble. Grdnts atHI le8acÉes to the P.C.C. are accounied for soon &s the P.C.C. is notified of it5 legal entitlement arKI the amounl due. Rental incollK froln ihe letting of church prernises is recognised when the reniai is due. 13 THE PAROCHIAL CHURCH COUNCIL OF ST THOMAS, LANCASTER NOTES TO THE ACcour￿rS FOR THE YEAR ENDED 31sr DECEMBER 202) (continued) AccouTrrfiNG POLICIES- CONTINUED 1nye5lt￿￿ts Inierest is accounted for when receivable. Tax re¢overed on such income 15 recogwsed in the %ame accounlang year. ains and Losses on Invesmxni rties Realised gains or105ses are recognised when investments or propenies are sold. nditure t)ations Lk)nartons art acwunted for w￿￿ over. lil) ArlLYjlies Directl Relaiin to the Work of the Chu The di￿¢San quota is accoun*d for when payable. Any quoia unpatd 3131.8¢ Decetnber is provided for in these accoullis ￿ an operaiiojjal {though TH)1 a legal) liabiliiy and is shown a5 a crediior in the Balarte Sheei. Flxed A&sets li) Consecrated tand and Buildi 5 and Movable Church Furni"hin CoThseeraied prom 15 excluded from the a¢¢ounts by 5.10 of the Charities Aci 2011. No value is p]aced on movable church furnislu"ng% ￿]d by the churchwardens on special tyusi for the P.C.C. and which ]tquiTr a faculty for disposal since (he P.C.C. considers this io be I￿]i¢￿ble property. All expendtiure inclltred during the year on consecrated buildinu5 and movable church fvrni5hings. wheiher mainienance 01 improvernent. is written off as expenditure kn the SOFA and separately disclosed. her Fixture5 Fittin s and Otrice ment Equjptnenl used Wit￿"n the ehurch pffmises 15 depreciared on a siraighi line basis over 4 year5. ItKlividual iieThs of eqUipn￿nI with a purchase pti¢¢ of £51MK) or I￿S are wrinen off when the et 15 acquired. Jnvestments Investments are valued ai M￿¢( value at 31si Detember ?O?J. and illclude funds held OTh deposii with the Central Board of Finance. 14 THE PAROCHIAL CHURCH COUNCIL OF ST THOMAS, LANCASTER NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2025 (continued) General Fund 2025 General Fund 2024 UNRESTlUCtED FUNDS INCOME AND ENDOWMENTS Genergting Funds Grants and other income 10.101 14.373 2b Voluntary Income Plauned Giving.. Covenanis Income Tax recovered from Gift Aid Uncovenanted Parish Giving Scheme Gifi Aid recovered on Parish Giving Schen 257.314 51.301 8,049 16.416 28.395 241.937 50.938 7,807 101,638 24.879 Collections CAFIStewardship 13,287 19.532 494.?94 11,806 15,199 454.204 Orher DonatiOALS Sundry donations 3.252 457.456 496.556 Income From Activiti Rents receiv¢d Car park Weddings and funerals Worship Incotne: YouthlEncounler Studen15120-30 3rd Age Flowers Junior Church STAG Other Activities 64.904 7.817 1.495 48.149 7.352 1,151 8.781 1,105 9.313 8.206 io.oio 220 2,088 205 3.357 81,849 1,985 6.530 10? 110 Income From Investments Interest 6.587 6,W3 TOTAL INCOME AND ENDOWMETrrrs 615.354 559.681 15 THE PAROCHIAL CHURCH COUNCIL OF ST THOMAS. LANCASTER NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2025 (continued) UNRLSTiucfED FUNDS . CONTINUED CHARITABLE ACTtVlT General Fund 2025 General Fund 2024 Note 2e Donations Vicar's Discretionary Accounl 620 486 2r AetivitI￿ Directly Rel8ting to Work of the Church Ministry.. Parish Share Staff Expense5 Vicarage Expenses Curate's House Expenses Worship Expenses 158.490 3.727 3,939 5.068 43.644 140,346 3,277 3.116 2.129 42.295 Church - Running Expenses Si. Thomas Centre and Annexe Running Ex￿nSeS Wage5 and Salarles Other Administrative EX￿nSeS Accoun(ancy and IndcFtndcnt Examination 65,454 64.017 205,946 16.499 2,340 569.124 34,534 71,407 209,001 10 17 2,250 521,159 TOTAL EXPENDITURE 569.744 521,645 16 THE PAROCHIAL CHURCH COUNCIL OFsfi7tOMA& IANCAsfER NOTE5 TOTHEAccouYfs FOR THE)'EAR ENDED 31STDECLIIBER 2QZ5 IcwlinuEdl UN'RL8TftiCrn>FLtYD5. COVllhUED Fixrd G¢n¢r*J Fund Cen¢r*l F￿Tr￿ 2D24 FyDd 2024 TOTAL INCOIIEAND EliDOIV.MF_Yrs 015.354 559.681 5$9.744 -521.64.5 {from page 1¢) NET{LYPFIYDITURFVINCOhlF Ehl)OIVIILYTS 45.610 Transfers tgDesigo*d FuAds (see nNe ?h141 Tr4n5fersl¢oknxn Restythfvndslsee nr* 3) (S￿16) 24.833 1438701 33863 NET INCOmFJIF￿PL￿DITuREl￿0R YLIR 19.867 28.029 B￿anCe Btoughi Al l* j￿*￿Y2￿25 1521A82 l2&994 2.521.882 1ty).9&5 IIALANCECARRIFJ)FOJIWARD ATJJ5fDECEIIBER202S 2J21.882 128.YY4 IEd 2h rt Fund Thc PCC ttansfetE IO% 17 THE PAROCHLIL CHURCH COUI%CIL OFSTTHOl4lA& LANCASTER NOTF.S TO THF ACCOUF4TS FOR THF YEARL¥DÉD31￿ DECFMBERIOZ5(¢•Y•wdl Jllthr ￿￿¢ Mi%Sio & FaThulE5 Htart(* ts Fa SDppwl ARK Re5ourtts thECity I'th 435 mirlttd AS& R M'iThE Fund l Fund P￿d Fund INCOT41E ￿ll>0￿mE￿7S Aetl¥ltiE$for%Enerali￿Fvnd5 Prr.SchDDI jb Voluntsry Incomt 917 3535 1 I_WY) IQ7 350 51.206 In1¢￿¥¢ IncpmcJnd 917 3J_I% JI_YX) 10.730 350 SI?￿6 LXPENDrTtTrtE C051 DfcpDernU￿gwUllth Pre-sch￿4 3d 1491 DDnatl¢JAS Mis4ion Suprmth Iz Y)5 1.4 1.4 488 418 IAO 11.ln 10.Th> 1.410 11.1*7 10.780 lJ80 ijio 39J !7247 27.?47 19J85 3r kntiiitiESDir¢ctly Relathgt• the IVorkofthE Cburtb Building Proje￿& T￿alEXE￿nditIre 1.4W I I.1?7 10.780 1.380 -199 NETIEXPENDrruREVIWL COME AND 718 22.(m 1095 73 1491 11.9.89 Tn)n&ftrs- Uhtystrfrted Fvbd5 Tnhnsf 9.550 2,650 ?,650 5.434 4,250 5.300 4.51x1 2.7 5,500 2.250 3.850 3.450 4.250 46,084 2.7(K) 4.1(K> 3.700 4.5(M) 49.91X) Gifts to individuals for mission and other {Delails available from Mission SuP￿>rt Team or Treasurer) 1.999 1,755 Total 51.899 47.839 Re5tricied Funds Orher donaiions Designated Funds 3.80.5 48,094 4.?25 Conlribiilions En Year The to￿[ contribuied io Mission sup￿)rt Fund in 2025 by PCC was £50,576. (2024 £43,870). 13 TANGIBLE FIXED ASSEIS Fixed A55et5 are included al cost or valuaiion as follows: 2025 2024 At Professional Valitafion 1993.. Land {Car Parkl 30,IKK) 30.IKXJ 30,(KJO 30.(KM) Ai Cost.. Annexe (1994) New Centre 40.518 2.451,3fA 9.491.88? 2. j21.889 40.518 2,451.364 ?.491.88? 2.521.882 21 THE PAROCHIAL CHURCH COUNCIL OF ST THOMAS, LANCASTER NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2025 (continued) 14 INVESTMENT ASSETS 202) 2024 Cash Deposit5 With.- Central Board of Finance General Deposit Accounl 150,584 150.105 15 CREDITORS falling due vithin one year Crediiors and Accruals 21.598 39,?15 16 ST THOMAS PRE-SCHOOL Si Th0[[￿S Pre-school closed during the 2023 year. Income." LCC Fees Oiher Income Erpendiftir¢.' Rates Wages Equipmenl etc repla¢ed Insurance Training Cleaning Other Costs OFSTED Fees 149) {49) Nei Incomel ndtiure 49 17 AUDIT AND ACCOUNTANCY FEES Independent Exatnination Itrecoverable VAT 1.950 390 2.340 1,875 375 2.250 18 RELATED PARTY TBANSAcfioNS In 2018 a limited company. St Thoma5. Lancaslcr 1k￿lOPmentS Limitcd. was sct up ¢0 deal with some of th¢ financ¢5 associalcd with the Heart of the City proj¢cL The Church i5 the sole shareholder of the company. Nothing was paid 10 ihe tompany duting ihe yeat. No other related party transaciions i(x)k place during the year other than disclosed ai noie I l. 22