THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW’S CHURCH, WEST TARRING ( _In the Benefice of Maybridge and West Tarring)_ Registered Charity no 1130723 ## **INDEX TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED** ## **DECEMBER 2025** ||**PAGE NO**| |---|---| |Statement of Financial Activities|1| |Balance Sheet|2| |Fund movements|3| |Income|4| |Expenditure|5| |Notes to the Financial Statements|6-8| |Financial Review|8| |Independent Examiner’s Report|9| _0_ THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW’S CHURCH, WEST TARRING ( _In the Benefice of Maybridge and West Tarring)_ Registered Charity no 1130723 ## **Statement of Financial Activities** ||**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**Total**
**funds**
**Prior year**
**total funds**| |---|---| |**Income and endowments from:**
Donations and legacies
Income from charitable activities
Other trading activities
Investments
Other income
**Total income**
**Expenditure on:**
Raising funds
Expenditure on charitable activities
Other expenditure
**Total expenditure**
**Net income / (expenditure) resources before transfer**
**Transfers**
Gross transfers between funds - in
Gross transfers between funds - out
**Other recognised gains / losses**
Gains/losses on investment assets
Gains on revaluation, fixed assets, charity's own use
**Net movement in funds**
**Total funds brought forward**
**Total funds carried forward**|36,985
3,209
-
40,195
13,769
59,007
-
-
59,007
49,268
39,479
-
-
39,479
27,156
54,507
5,387
-
59,894
73,056
12,809
9,870
-
22,679
15,627| ||**202,788**
**18,466**
**-**
**221,254**
**178,877**
1,340
-
-
1,340
1,920
177,673
21,454
-
199,127
223,266
5,675
7,033
-
12,708
1,080| ||**184,688**
**28,487**
**-**
**213,175**
**226,266**| ||**18,100**
**(10,021)**
**-**
**8,079**
**(47,389)**
8,003
1,066
-
9,069
11,166
(9,069)
-
-
(9,069)
(11,166)
(320)
-
-
(320)
(52)
-
-
-
-
-| ||**16,715**
**(8,956)**
**-**
**7,759**
**(47,441)**| ||**652,941**
**221,811**
**-**
**874,752**
**922,193**| ||**669,656**
**212,855**
**-**
**882,511**
**874,752**| **Funds of the church - a** pproved by the Parochial Church Council on 20[th] February 2026 Margaret Sturmey Church Warden _M. Sturmey_ Paul Halstead Church Warden _P. Halstead_ Kathleen Shuttleworth Hon Treasurer _K. Shuttleworth_ **Balance Sheet (Summary)** _1_ ## THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW’S CHURCH, WEST TARRING ( _In the Benefice of Maybridge and West Tarring)_ Registered Charity no 1130723 ||**As at**
**31/12/2025**
**As at**
**31/12/2024**| |---|---| |**Fixed assets**
Heritage assets
Investments
**Current assets**
Stocks And Work In Progress
Debtors
Cash At Bank and In Hand
**Liabilities**
Creditors: Amounts Falling Due In One Year
**Net current assets less current liabilities**
**Total assets less current liabilities**
**Represented by:**
Unrestricted - General Funds
**Designated**
Designated - Belfry
Designated - Capital Reserve Fund
Designated - Church Notice Board
Designated - Church Repairs
Designated - Livewire
Designated - Minor improvements
Designated - Music Fund
Designated - Old Palace
Designated - Pat Baker Events Fund
Designated - Social & Bookstall
Designated - Tower Repairs
Designated - Youth Work Projects
**Restricted**
Restricted - Church Maintenance
Restricted - Dance School Rent Deposit
Restricted - Flowers
Restricted - Longmans Tombs & Windows
Restricted - Organ Repair
Restricted - Pilgrimages
**Fund Totals**|478,429
478,429
270,581
281,848| ||**749,010**
**760,277**
105
105
5,254
-
134,733
114,389
6,591
20| ||**6,591**
**20**| ||**133,501**
**114,474**| ||**882,511**
**874,752**
70,032
59,967
1,310
1,310
445,000
445,000
59
59
75,163
76,943
-
320
2,377
2,377
251
251
38,899
33,704
31,345
31,728
4,743
4,740
1,000
1,000
(523)
(4,458)
203,606
213,366
1,250
-
712
683
2,492
2,492
4,644
5,108
151
160| ||**882,511**
**874,752**| _2_ THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW’S CHURCH, WEST TARRING ( _In the Benefice of Maybridge and West Tarring)_ Registered Charity no 1130723 ## **Fund movement summary** |**Fund**|**Opening**|**Incoming**|**Outgoing**|**Transfers**|**Gains/Losses**|**Journals**|**Closing**| |---|---|---|---|---|---|---|---| |**Belfry**|||||||| |Designated|1,310|-|-|-|-|-|1,310| |**Books**|||||||| |Designated|4,740|-|-|3|-|-|4,743| |**CapReserve**|||||||| |Designated|445,000|-|-|-|-|-|445,000| |**ChMaint**|||||||| |Restricted|213,366|5,387|16,134|987|-|-|203,606| |**ChRepairs**|||||||| |Designated|76,943|876|2,656|-|-|-|75,163| |**DanceSchool Rent Deposit**|||||||| |Restricted|-|1,250|-|-|-|-|1,250| |**Flowers**|||||||| |Restricted|683|3,209|3,259|79|-|-|712| |**Livewire**|||||||| |Designated|320|-|-|-|-|(320)|-| |**Longmans**|||||||| |Restricted|2,492|-|-|-|-|-|2,492| |**MinImps**|||||||| |Designated|2,377|-|-|-|-|-|2,377| |**Music**|||||||| |Designated|251|-|-|-|-|-|251| |**NoticeBd**|||||||| |Designated|59|-|-|-|-|-|59| |**OPalace**|||||||| |Designated|33,704|33,528|28,332|-|-|-|38,899| |**OrganRep**|||||||| |Restricted|5,108|-|464|-|-|-|4,644| |**PBEvents**|||||||| |Designated|31,728|873|1,255|-|-|-|31,345| |**Pilgrim**|||||||| |Restricted|160|8,620|8,630|-|-|-|151| |**TowerRep**|||||||| |Designated|1,000|-|-|-|-|-|1,000| |**Youthwork**|||||||| |Designated|(4,458)|12,463|16,528|8,000|-|-|(523)| |**General**|||||||| |Unrestricted|59,967|155,050|135,916|(9,069)|-|-|70,032| |**Totals**|**874,752**|**221,254**|**213,175**|**-**|**-**|**(320)**|**882,511**| _3_ THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW’S CHURCH, WEST TARRING ( _In the Benefice of Maybridge and West Tarring)_ Registered Charity no 1130723 ## **Analysis of income and expenditure** ## **Total** ||**Total**| |---|---| ||**Unrestricted Designated Restricted Endowment This year Last year**| |**INCOME AND ENDOWMENTS FROM:**
**Donations and legacies**
0501 - One-off Gift Aid gifts
0550 - Donations appeals etc
0701 - Legacies
0901 - Other funds generated
**Donations and legacies Totals**
**Income from charitable activities**
0101 - Gift Aid - Bank
0110 - Gift Aid - Envelopes
0251 - Parish Giving Scheme
0301 - Loose plate collections
0601 - Tax recoverable on Gift Aid
1101 - Fees for weddings and funerals
**Income from charitable activities Totals**
**Other trading activities**
0405 - Fund Raising Events
0902 - Social & Bookstall fundraising
1220 - Bookstall sales - fund raising
1240 - Church hall lettings - fund raising
**Other trading activities Totals**
**Investments**
1001 - Dividends from Trusts
1020 - Bank and building society interest
1030 - Rent from lands or buildings
1350 - Appreciation of CBF Investment Accounts
**Investments Totals**
**Other income**
0801 - Recurring grants
1035 - VAT Refund
1040 - EDF & British Gas refunds
910 - Miscellaneous Income
**Other income Totals**
**Income and endowments Grand totals**|-
-
-
-
-
100
23,158
835
3,209
-
27,203
12,669
12,932
-
-
-
12,932
-
60
-
-
-
60
1,000| ||
**36,150**
**835**
**3,209**
**-**
**40,195**
**13,769**
5,715
-
-
-
5,715
4,910
5,189
-
-
-
5,189
6,415
15,158
-
-
-
15,158
16,146
10,179
-
-
-
10,179
5,511
10,071
-
-
-
10,071
9,434
12,696
-
-
-
12,696
6,852| ||
**59,007**
**-**
**-**
**-**
**59,007**
**49,268**
13,685
-
-
-
13,685
7,781
1,249
-
-
-
1,249
1,008
-
-
-
-
-
85
-
24,546
-
-
24,546
18,282| ||
**14,934**
**24,546**
**-**
**-**
**39,479**
**27,156**
3,997
1,748
4,888
-
10,633
9,544
1,225
-
498
-
1,723
3,402
26,615
20,922
-
-
47,537
53,314
-
-
-
-
-
6,797| ||
**31,837**
**22,670**
**5,387**
**-**
**59,894**
**73,056**
4,349
-
-
-
4,349
3,376
7,214
-
-
-
7,214
-
-
-
-
-
-
388
1,558
(312)
9,870
-
11,116
11,863| ||
**13,121**
**(312)**
**9,870**
**-**
**22,679**
**15,627**| ||
**155,050**
**47,739**
**18,466**
**-**
**221,254**
**178,877**| _4_ ## THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW’S CHURCH, WEST TARRING ( _In the Benefice of Maybridge and West Tarring)_ Registered Charity no 1130723 ## **EXPENDITURE :** |**Raising funds**
1730 - Fund Raising Events
**Raising funds Totals**
**Expenditure on charitable activities**
1850 - Home mission
1905 - Clergy Costs
1906 - Clergy Fees
1907 - Fees due to Diocese
1910 - Ministry parish share etc
2050 - Salary of parish administrator
2101 - Working expenses of incumbent
2120 - Council tax
2130 - Parsonage house expenses
2140 - Water rates - vicarage
2175 - Parish Intern / Youth & Children
2201 - Parish training and mission
2301 - Church running - insurance
2310 - Church office - telephone
2320 - Organ / piano purchase & tuning
2325 - Organists, Choir & Music
2330 - Church maintenance
2331 - Cleaning
2340 - Upkeep of services
2345 - Social Activities
2350 - Upkeep of churchyard
2360 - Administration
2365 - Printing
2440 - Church running - heating and lighting
2445 - Miscellaneous
2545 - Hall running - utilities & insurance
2560 - Hall running - maintenance
2565 - Hall running - cleaning
2575 - Hall running - miscellaneous
2596 - Hall running - Caretaker's salary
2715 - Storm damage repairs
2840 - Other PCC property upkeep
2935 - Gifts
**Expenditure on charitable activities Totals**
**Other expenditure**
2601 - Governance costs examination/audit fee
2965 - Depreciation of CBF Investment Account
**Other expenditure Totals**
**Expenditure Grand totals**|1,340
-
-
-
1,340
1,920| |---|---| ||
**1,340**
**-**
**-**
**-**
**1,340**
**1,920**
1,043
-
-
-
1,043
763
-
-
-
-
-
10
192
-
-
-
192
329
7,320
-
-
-
7,320
-
68,800
-
-
-
68,800
65,445
8,168
-
-
-
8,168
9,391
1,360
-
-
-
1,360
495
2,915
-
-
-
2,915
3,878
111
-
-
-
111
-
854
-
-
-
854
89
79
13,551
-
-
13,631
26,043
300
-
-
-
300
300
7,452
-
-
-
7,452
7,209
337
-
-
-
337
626
914
-
464
-
1,378
2,684
8,271
-
-
-
8,271
5,161
25
-
9,080
-
9,105
3,615
39
-
22
-
61
86
1,440
-
3,251
-
4,691
5,215
4,847
-
-
-
4,847
2,993
40
-
-
-
40
38
5,689
1,691
105
-
7,485
11,220
1,259
-
-
-
1,259
965
9,435
-
-
-
9,435
6,590
-
-
8,534
-
8,534
4,181
-
9,657
-
-
9,657
9,036
-
9,303
-
-
9,303
4,590
-
683
-
-
683
2,628
-
593
-
-
593
3,337
-
6,405
-
-
6,405
5,597
-
-
-
-
-
35,400
1,922
2,977
-
-
4,899
5,314
-
-
-
-
-
40| ||
**132,813**
**44,861**
**21,454**
**-**
**199,127**
**223,266**
1,440
-
-
-
1,440
1,080
323
3,911
7,033
-
11,268
-| ||
**1,763**
**3,911**
**7,033**
**-**
**12,708**
**1,080**| ||
**135,916**
**48,772**
**28,487**
**-**
**213,175**
**226,266**| _5_ THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW’S CHURCH, WEST TARRING ( _In the Benefice of Maybridge and West Tarring)_ Registered Charity no 1130723 ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025** ## **1. Accounting Policies** ## **a) Accounting convention** The financial statements have been prepared in accordance with the Church Accounting Regulations 2006, in accordance with applicable accounting standards and the current Statement of Recommended Practice, Accounting and Reporting by the Charity SORP (FRS102) (effective 1 January 2019) and with the Charities Act 2011. The financial statements have been prepared under the historical cost convention as modified by the inclusion of investments at market value and the revaluation of fixed assets. The financial statements 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 affiliation to another body, nor those which are informal gatherings of church members. - **b) Funds accounting -** Funds held by the PCC are: _Unrestricted funds –_ general funds which can be used for any PCC ordinary purposes _Designated funds –_ monies set aside by the PCC out of unrestricted funds for specific future purposes or projects. _Restricted Funds_ – a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest; ## **c) Incoming resources** All incoming resources are accounted for gross. ## **Voluntary Income** _Collections_ are recognised when received. _Planned giving_ receivable is recognised only when received. _Income tax_ recoverable on Gift Aid donations is recognised when the income is recognised. _Grants and legacies_ are recognised when the PCC is legally entitled to the amount due. ## **Income from investments** Dividends are accounted for when due and payable. Interest entitlements are accounted for as they accrue. ## **All other income** All other income is recognised when it is receivable. ## **Gains and losses on investments** Realised gains or losses are recognised when the investments are sold. Unrealised gains and losses are accounted for on revaluation on 31 December. ## **d) Resources used** Resources expended are accounted for on an accruals basis and are accounted for gross. ## **Grants and donations** Grants and donations are accounted for when paid over, or when awarded where the award creates a binding obligation on the PCC. ## **2. Fixed Assets** ## **e) Tangible Fixed Assets** Consecrated and beneficed property of any kind is excluded from the accounts by s. 10(2) of the Charities Act 2011. Movable church furnishings held by the Rector and Churchwardens on special trust for the PCC and which require a faculty for disposal, are accounted as inalienable property unless consecrated. They are listed in the church’s inventory which can be inspected but are not included in the accounts. Properties are accounted for at cost or probate value at their date of acquisition. ## **Depreciation** No depreciation is provided on properties as it is the PCC’s policy to maintain these assets in a continual state of sound repair. The useful economic life of these assets is so long and residual values so high that any depreciation would not be material. These assets will be subject to annual impairment reviews. Provision will be made if there has been any permanent diminution in value. ## **Investments** Investments are stated at market value at the balance sheet date. _6_ THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW’S CHURCH, WEST TARRING ( _In the Benefice of Maybridge and West Tarring)_ Registered Charity no 1130723 ## **3. Tangible Fixed Assets** |**angible Fixed Assets**||| |---|---|---| ||At 31.12.25 At 31.12.24|| |**Properties**||| |Freehold House - 24 Upton Road – at probate value.|180,000|180,000| |Freehold House - 17 Church Way – at probate value.|130,000|130,000| |Leasehold Flat – 15 Ravenswood Court at cost.|168,429|168,429| ||£478,429|£478,429| The Parochial Church Council also owns the freehold of the Old Palace and the adjacent school room in Glebe Road, West Tarring, but as it is anticipated that these properties would never be sold, revaluation to a theoretical market value would be pointless and costly, with no benefit to the charity nor to its beneficiaries. The PCC is of the opinion that its policy of no revaluation is right and properly derived from its ecclesiastical and pastoral responsibilities to its parishioners. ## The occupation of the properties is as follows: 24 Upton Road (acquired by legacy and intended for occupation by a Curate when required) is let temporarily at open market rate. 17 Church Way (acquired by legacy in 2007 at probate value of £130,000 intended for occupation by a member of staff when required) is also let at open market rate. The flat at 15 Ravenswood Court (acquisition cost in 2007 £168,249) was acquired for future possible occupation by a member of the staff when required. It is currently let temporarily at open market rate, and this income is being credited to the Youth Work Projects Fund in recognition of its specific charitable purpose. The PCC considers that these properties are held to enable it to perform its long-term charitable ecclesiastical purposes, does not consider that they form part of a simple investment portfolio, nor are they held simply to generate income although this may be a short-term consequence of owning these assets. The PCC also considers that the residual value of each property is at least equivalent to the net book value thereby justifying no depreciation. |**4.**
**Investments**
CBF Investment Funds:
Market value 1 January
No sales took place during 2025
Appreciation (Depreciation) in value in year

Market value 31 December
**5.**
**Capital Reserve Fund**(Unrestricted)
Balance at 1stJanuary and 31stDecember|2025
£
281,848
£281,848
(£11,267)
£270,581
£445,000|2024
£
289,412
14,361|2024| |---|---|---|---| |||
275,051
6,797
£281,848|| |||£445,000|| ## **5. Trust Funds** The Parochial Church Council receives grant income from a number of Trust Funds. The Capital of these Trust Funds is not available to the Parochial Church Council. The market value of these Trust Funds at 31[st] December 2025 was £128,055 (2024 £128,828). ## **6. Analysis of net assets by fund type:** |**Analysis of net assets by fund type:**
**Unrestricted**
**Restricted**
**Funds**
**Funds**
£
£
Investment Properties
478,429
-
Investments as Fixed Assets
101,697
168,884
Current Assets
57,370
71,906
Current Liabilities
20
£637,496
£240,810|**Total**
**2024**
£
£
478,429
478,429
270,581
281,849
129,276 114,494
20
20
£878,306
874,752| |---|---| ## **7. Debtors** Gift Aid Listed Places of Worship **2025 2024** 4475 779 _7_ THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW’S CHURCH, WEST TARRING ( _In the Benefice of Maybridge and West Tarring)_ Registered Charity no 1130723 ||Wedding Deposits received in advance|600|| |---|---|---|---| |||**£5,854**|| |**8.**|**Creditors: amounts falling due within one year**|**2025**|**2024**| ||Wedding & Funeral fees|4,867|| ||Accruals for utilities|904|| ||Home Mission|800|| ||Sundry creditors||20| |||**£6, 571**|**£20**| |**9.**|**Special retiring collections and donations**|**2025**|**2024**| ||Chestnut Tree House Children’s Hospice|800|| ||Children’s Society||75| ||Fire Service||200| ||Mothers Union||40| ||Sompting Morris Men||40| ||Sussex Historic Churches Trust|168|225| |||**£243**|**£580**| |**10.**|**Donations – Home Mission**|**2025**|**2024**| ||Family assistance & Warm Hub costs|43|487| ||Home Communion Travel Expenses||165| ||Mothers Union||40| |||**£43**|**£692**| ## **11. Employees** At various points during 2025 the PCC employed three members of staff. They were paid a total remuneration of £19,147 with Employer’s National Insurance Contributions totalling £1,046 and Employer’s Pension Contributions £267. The Parish Administrator is a member of the PCC and received remuneration of £8,250 for the year, pension contributions of £132 and travel expenses totalling £302. ## **12. Clergy costs** The incumbent was supported by working expenses totalling £1,360. Council Tax and water rates for 2025 totalled £3,967. **13** . **Related party transactions:** There were no related party transactions. ## **FINANCIAL REVIEW FOR 2025** The purpose of the PCC is to carry out its functions and activities for the charitable benefits of the parishioners and the wider community, and as a result the balance sheet is not presented to show the PCC's net worth as if the PCC is a business – the Charity Commission regularly reminds charities that they often fail to demonstrate public benefit. The PCC is aware of the need for internal financial controls as set out by the Charity Commission. The Statement of Financial Activities summarises the transactions detailed within the accounts. The parish benefits from Restricted Funds of £213,855 - these monies have arisen from donors who have specified particular uses for those funds - the diocese advises that restricted funds are not intended to be invested permanently but are to be spent within reasonable timescales. Significant and unavoidable expenditure to keep the building safe, warm and welcoming is discussed and agreed by the PCC. Tarring Market and the Christmas Tree Festival together with parishioners’ generous donations enabled some funds to be donated to the local children’s hospice. Benefits from Designated and Restricted funds, together with that of parishioners’ regular giving, have enabled the church buildings to be open for services, various groups, and regular children’s activities. As can be seen in the notes to the accounts parishioners are, as ever, generous in donating to others in need, both locally and nationally. Following the reduction of Covid cases Warm Hubs continue to provide warm food and company during the winter months. The parish share offered to the diocese for 2026 was £68,800. The diocese thanked parishes for their pledges which have helped to defray reduction in parish clergy for the moment. The finances of the Church Council, monitored and kept under regular review, continue to remain in a sound state. ## **To the Trustees of the Parochial Church Council of St Andrew’s Church, West Tarring** I report to the trustees on my examination of the financial statements of the Parochial Church Council of St Andrew’s Church, West Tarring (the charity) for the year ended 31[st] December 2025. _8_ THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW’S CHURCH, WEST TARRING ( _In the Benefice of Maybridge and West Tarring)_ Registered Charity no 1130723 ## **Responsibilities and basis of report** As trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act). I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act). ## **Independent examiner’s statement** I have completed my examination. I confirm that no matters have come to my attentions in connection with the examination giving me cause to believe that in any material respect: - 1 accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or - 2 the financial statements do not accord with those records; or - 3 the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report to enable a proper understanding of the financial statements to be reached. ## _Sally Girach_ 45 Nelson Road Goring by Sea Worthing BN12 6EG Dated: 6[th] April 2026 _9_