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2025-12-31-accounts

20 May 2026

Restricteil Unrestricted Endowment Designated Total Funds Total Funds Restricteil Unrestricted Endowment Designated Total Funds Total Funds Restricteil Unrestricted Endowment Designated Total Funds Total Funds Restricteil Unrestricted Endowment Designated Total Funds Total Funds Restricteil Unrestricted Endowment Designated Total Funds Total Funds Restricteil Unrestricted Endowment Designated Total Funds Total Funds
Note Funds Funds Funds Funds 2025 2024
£ £ £ £ £ £
Income from
Incoming resources from donors 2(a) 115,291 115,291 119,173
Other voluntary incoming resources 2(b) 298,225 298.225 185,384
Income from charitable and ancillary
trading 2(c) 107J30 10,687 117,817 108,025
Other ordmary incoming resources 2(d) 2,597 2,597 552
Income from investments 2(e) 22,431 737 32,146 55,314 68,505
Total incominn resources 545,674 11,424 32,146 589,244 481,639
Expenditure on
Grants 3(a) 3,268 3,268 4,696
Activities directly relating to the work
of the church 3(b) 486,796 52,316 539,112 326,768
Fund-raising and publicity 3(c) 9,500 9,500 2,787
Church management and
admmistration 3(d) 33,319 63,854 97,173 77,692
Total expenditure 532,883 116,170 649,053 411,943
Net mcome/(expenditure) 12.79J (104,746) 32,146 (59,809) 69,696
Transfers between funds (66,886) 103,940 (37,054)
Net income/^ expenditure) before
investment gains (54,095) (806) (4,908) (59,809) 69,696
Unrealised gauis/(3osses) on investments 31,889 (27,414) 4,475 13,500
Realised gains on investments 1,353 1,353
Gains on property disposal 529,967
Net movement in funds (20,853) (806) (32,322) (53,981) 6I3J63
Reconciliation of funds
Balances brought forward 1,867,407 45,880 990,016 15,000 2,918,303 2,305,140
Balances carried forward at 31 December
2025 1,846,554 45,074 957,694 15,000 2,864,322 2,918,303

20 May 2026

2. Income from St J Baptist St Mark St J Baptist St Mark St Peter St Stephen B.H.B.G PCC Copy Prmter Bells Hill St Peter St Stephen B.H.B.G PCC Copy Prmter Bells Hill St Peter St Stephen B.H.B.G PCC Copy Prmter Bells Hill St Peter St Stephen B.H.B.G PCC Copy Prmter Bells Hill Total Total
Restricted Restricted Restricted Restricted Restricted Unrestricted Unrestricted Endowment Designated Funds Funds
Funds Funds Funds Funds Funds Funds Funds Fund Funds 2025 2024
2(a) Incoming resources from donors
Planned giving: Covenants 11,922 1,830 4,395 4,140 22.287 20.723
Parish Giving Scheme 25,169 7,653 692 33,514 37.434
Income tax recoverable on Gift Aid 5,997 2.286 2,089 10,372 12.313
Parish Giving Scheme tax recovered 6,687 2,322 154 9,163 6.237
Collections (open plate) at all services 7.807 8,255 1,015 5,021 22,098 20,295
Special collections (Funerals, Hymn books) 1,682 1,682 2.330
Other voluntary donations 3.712 421 538 4,700 9.371 13,717
Daytime Church Opening Donations/Memorial
collection 1.237 1,237 1.112
SumUp Donations 5,567 5.567 5.012
69,780 22.767 6.794 15,950 115.291 119.173
2(b) Other voluntary incoming resources
Grants from the Chancel Estate 24,130 1,502 1.000 26,632 29.509
Grants from other sources 43.257 3,945 12.000 59,202 18.450
Grants for Director of Music 15,000 15,000 20,000
Organ refurbishment (including grants) 876 876 84.563
Legacies 170,000 170,000 25,000
VAT refund 13.777 655 14,432 1.061
Fundraising 4,519 4.444 2,582 538 12,083 6.801
101.559 180.546 3.582 12.538 258,225_ 185.384
2(c) Income from charitable & ancillary trading
Books, china, guide books, postcards, flower fund 776 776 1,242
Church hire includmg Antenna in the Tower 24,460 24.460 22.927
Catering and refreshments 2,185 261 2,446 2,461
Fees 5,635 2,495 953 3,294 12,377 9,756
Copy printer account 10,687 10,687 9,318
Church hall 31,435 13,085 22,281 66.801 61.160
Magazine and others 130 140 270 1.161
33,186 33,930 14.439 22,281 3.294 10,687 117,817 108.025

2. Income from St J Baptist St Mark St Peter St J Baptist St Mark St Peter St J Baptist St Mark St Peter St Stephen B.H.B.G PCC Copy Printer Bells Hill St Stephen B.H.B.G PCC Copy Printer Bells Hill St Stephen B.H.B.G PCC Copy Printer Bells Hill St Stephen B.H.B.G PCC Copy Printer Bells Hill St Stephen B.H.B.G PCC Copy Printer Bells Hill Total Total
Restricted Restricted Restricted Restricted Restricted Unrestricted Unrestricted Endowment Designated Funds Funds
Funds Funds Funds Funds Funds Funds Funds Fund Funds 2025 2024
2(d) Other ordinary incoming resources
Miscellaneous 854 1,333 410 2,597 552
854 1,333 410 2.597 552
2(e) Income from investments
Dividends and interest 2,312 2,060 504 1,883 18 435 13,092 20,304 28,093
Investment interest 14,113 1,559 284 19,054 35,010 40,412
16,425 2,060 504 3,442 302 435 32.146 55,314 68,505
Total income 221,804 240,636 25,225 51,273 (>,736 302 11,122 32,146 589,244 481,639

3. Expenditure on St J Baptist St Mark St J Baptist St Mark St Peter St Stephen B.H.B.G St Peter St Stephen B.H.B.G St Peter St Stephen B.H.B.G PCC Copy Printer Bells Hill Total Total
Restricted Restricted Restricted Restricted Restricted Unrestricted Unrestricted Endowment Designated Funds Funds
Funds Funds Funds Funds Funds Funds Funds Fund Funds 2025 2024
3(a) Grants
Missionary and charitable giving 1.064 779 265 260 2.36S 2.423
Other charitable siving including Churches Together 690 210 900 S60
Miscetianeous collections to charities 1,415
1,754 989 265 260 3,268 4,69^
3(b) Activities directly related to the work of the church
Parish Share 75,000 30.504 23.500 21,000 465 150.469 147.909
Clergy and reader's expenses 1,447 343 50 802 2,642 3.9S6
Upkeep of 13 Cedar Lawn Avenue, Vicarages 2 A 20
Church running expenses 20.227 S.035 3.868 2.787 34,917 34JOS
Cleaning 1,704 1.704 3.481
Church maintenance and repairs 12,462 4.789 2.917 1.173 21.341 19.755
Organ/piano tuning and repairs 3,205 732 398 4.335 4,584
Major repairs 5.018 5.389 7.477 17.884 8.840
Restoration of the pipe organ at St John the Baptist 190.686 190.686
Insurance 6.985 3.109 2.460 1.671 14.225 ] 3.396
Church Vergers' salaries 25.670 25.670 24,032
Hall Managers and Cleaners' salaries 26,181 26.181 14.904
Contributions Church house/Church hall running costs 8.859 100 13.421 22.380 17.800
Junior church and young people 274 274 2?tl
Books, library, postcards, ciiina. flowers 461 46) 867
Magazine }}K 1.911 2.029 2,106
Furniture, carpets, flags, kitdien equipment 543 543 5^0
Other direct expenditure: DBF Fees, verger fees 2.714 1.307 610 232 4.863 4.907
Upkeep of services 3,159 3,188 346 764 7.457 4.789
Upkeep of churchyard 342 3.850 440 1.944 3.592 10J68 16,840
Depreciation 883 883 8S3
324,345 70.256 44.431 43.960 3.S24 52,316 539 J 12 326,768
3(c) Fiiatl-raisiaK and Publicity'
Cost of fund-raising 1J24 417 519 2,260 2,787
Investment managexnent charges 7,240 7,240
S,564 417 519 9.500 2.7S7
3. Expenditure on St J Baptist St Mark St J Baptist St Mark St Peter St Stephen St Peter St Stephen B.H.B.G PCC Copy Printer Bells Hill Printer Bells Hill Total Total
Restricted Restricted Restricted Restricted Restricted Unrestricted Unrestricted Endowment Designated Funds Funds
Funds Funds Funds Funds Funds Funds Funds Fund Funds 2025 2024
3(d) Church management and admiBistration
Administrator's salary 25.674 25,674 23,%2
Administration expenses 7.296 96 52K 32 1.673 10,128 19.753 15.818
Fee payable for Independent Examination 3,840 3.840 3.120
Professional fees 5.505 243 5J4<S 2.7S6
Bank charges 598 122 39 102 42 903 S 65
Honoraria to organists and choir 11.959 2.940 21,952 36,851 27.849
Gifts, refreshments. Lunch Club etc. 1,022 191 305 200 L718 3.292
Miscellaneous wedding refunds etc 2.341 345 2.686
28,72] 3.694 833 71 53.6S4 10,] 70 97,173 77,692
Total expenditure J63.384 _75,356 45,509 44,810 3,824 1()6,00() 10,170 649,053 41_L<M3
Net lncome/(Expendihire) before transfers (141,580) 165.280 (20,284) 6,463 2,912 (105,698) 952 32,146 (59,809) 69,696
Transfer between funds:-
Belis Hill Fund 2,500 2,500 2,500 2,500 8.000 (18,000)
St John the Baptist Churcli Vergers, Administrator and
Director of Music salaries (49,792) 49.792
St Mark's salaries (11,160) 11,] 00
Administrator's salaiy 19.054 (19.054)
St Stephen's salaries Hall Manager (14.684) 14,684
Retirement gifts to Bishop of St AIbans (50) (50) (50) (50) 200
St Mark's and St Stephen's BT Bill (525) (525) 1.050
Total transfers J;47,342)_ C9J35) A450 _,(12,75?) 103,940 (37,054)
Net Income/(Expenditure) for tile year (188,922) 15<*,045 (17,834) ((>,296) 2,912 (1,758) 952 (4,908) (59,809) (>9,69A
Gains/(iosses) on investments 35,599 (1.467) (2,243) (27,414) 4.475 13.500
Gains on disposal of investments 1,353 1.353
Gains on disposal of property 529,967
Net Movement in funds (151,970) 154,578 (17,834) (6,296) (»<i9 0,758) 952 (32,322) (53,981) 613,163

2025 2024
£ £
Wages and Salaries 96,252 78,922
Employer's national insurance
Employer's pension 1,641 765
97,893 79,687

5. Support costs
2025 2024
£ £
Independent Examiner's fees 3,840 3,120
6. Fixed assets Freehold FF&E
Property (Pews & Organ) Total
At cost or valuation
At 1st January 2025 321,000 39,170 360,170
Additions
Disposals
At 31st December 2025 321,000 39,170
360,170
Depreciation
At 1st January 2025 5,116
5,116
Charge for the year 883
883
5,999
5,999
Net book value
At 31st December 2025 321,000 33,171 354,171
At 31st December 2024 321,000 34,054 355,054

7. Fixed asset investments
Restricted Endowment
Funds Funds Totals
£ £ £
Market value
At 1st January 2025 976,681 685,723 1,662,404
Additions 138,849 138,849
Disposals (135,948) (135,948)
Revaluations 31,889 (27,414) 4,475
At 31st December 2025 1,011,471 658,309 1,669,780
Net book value
At 31 st December 2025 1,011,471 658,309 1,669,780
At 31 st December 2024 976,681 685,723 1.662,404
Recommended Practice.
2025 2024
£ £
CBF Investment Fund 1,645,516 1,638,720
CBF Fixed Interest Securities Fund 24,264 23.684
1,669,780 1,662,404
8. Material items on SOFA
The net gain/(loss) on investments and short term deposits are noted as below:
2024
£ £
Unrealised gains on fair value changes of investments 4,475 13,500
Realised gains on investments 1,353
Realised gains on property disposal 529,967
Net gain on investment 5,828 543,467
9. Debtors
2025 2024
£ £
Other debtors 175,011 3,571
Amounts held by St AIbans DBF 113,298 127,973
Prepayments and accrued income 1,713 75,651
290,022 207,195
10. Creditors
2025 2024
£ £
Accruals and deferred income 53,021 32,302
Creditors for goods and services 3,484 3,931
56,505 36,233

i 1. Movement in funds
Net Transfers
At movements between At
01.01.2025 in funds funds 31.12.2025
£ £ £ £
Unrestricted funds
PCC 12,972 (105,698) 103,940 11.214
Copy Printer 32,908 952 33,860
Restricted funds
St John the Baptist 1,194,927 (104,628) (47,342) 1.042,959
St Marks 141,212 163,813 (9,235) 295,789
St Peters 155,496 (20,284) 2,450 137,662
St Stephens 257,085 6,463 (12,759) 250,788
Bells Hill Burial Ground 118,687 669 119,356
Endowment funds
Bells Hill Endowment Fund 990,016 4,732 (37,054) 957,694
Designated funds
Designated funds 15,000 15,000
Total funds 2,918,303 (53,981) 2,864,322
Incoming Resources Gains and Movement
resources expensed losses in funds
£ £ £ £
Unrestricted funds
PCC 302 (106,000) (105,69S)
Copy Printer J1J22 (10,170) 952
Restricted funds
St John the Baptist 221.804 (363,384) 36,952 (104,628)
St Marks 240,636 (75,356) (1.467) 163,813
St Peters 25,225 (45,509) (20,284)
St Stephens 51,273 (44,810) 6,463
Bells Hill Burial Ground 6,736 (3,824) (2,243) 669
Endowment funds
Bells Hill Endowment Fund 32,146 (27,414) 4,732
Designated funds
Designated funds
Total funds 589,244 (649,053) 5,828 (53,981)

Net Transfers
At movements between At
01.01.2024 in funds funds 31.12.2024
£ £ £ £
Unrestricted funds
PCC 18,934 (83,402) 77,440 12,972
Copy Printer 31,673 1,235 32,908
Restricted funds
St John the Baptist 538,979 653,702 2,244 1,194,927
St Marks 115,093 26,825 (705) 141,212
St Peters 159,883 (14,387) 10,000 155,496
St Stephens 268,764 (17,380) 5,702 257,085
Bells Hill Burial Ground 119,994 (1,307) 118,687
Endowment funds
Bells Hill Endowment Fund 930,748 47,877 11,391 990,016
Designated funds
Designated funds ] 21,072 (106,072) 15,000
Total funds 2,305,140 613,163 2,918,303
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Gains and Movement
resources expensed losses in funds
£ £ £ £
Unrestricted funds
PCC 406 (83,808) (83,402)
Copy Printer 9,829 (8,594) 1,235
Restricted funds
St John the Baptist 283,798 (155,319) 525,223 653,702
St Marks 93,541 (68,361) 1,645 26,825
St Peters 22,782 (37,169) (14,387)
St Stephens 33^84 (51,264) (17,380)
Bells Hill Burial Ground 4,866 (7,428) 1,255 (1,307)
Endowment funds
Bells Hill Endowment Fund 32,533 15,344 47,877
Designated funds
Designated funds,
Total funds 481,639 (411,943) 543,467 613,163

Net Transfers
At movements between At
01.01.2024 in funds funds 31.12.2025
£ £ £ £
Unrestricted funds
PCC J 8,934 0 89,100) 181,380 11,214
Copy Printer 31,673 2,187 33.860
Restricted funds
St John the Baptist 538,979 549,074 (45,098) 1,042,955
St Marks 115,093 190,638 (9,940) 295,791
St Peters 159,883 (34,671) 12,450 137,662
St Stephens 26S.764 (10,917) (7,057) 250,790
Bells Hil! Burial Ground 119,994 (638) 119,356
Endowment funds
Bells Hill Endowment Fund 930,748 52,609 (25,663) 957,694
Designated funds
Designated funds 121,072 (106,072) 15,000
Total funds 2,305,] 40 559,182 2,864,322
Incoming Resources Gains and Movement
resources expensed losses in funds
£ £ £ £
Unrestricted funds
PCC 708 (189,808) (189JOO)
Copy Printer 20,951 (18,764) 2,187
Restricted funds
St John the Baptist 505,602 (518,703) 562,175 549.074
St Marks 334,177 (143,717) 178 190.638
St Peters 48,007 (82,678) (34,671)
St Stephens 85,157 (96,074) (10,917)
Bells Hill Buria! Ground 11,602 (11,252) (988) (638)
Endowment funds
Bells Hill Endowment Fund 64,679 (12,070) 52,609
Designated funds
Designated funds
Total funds 1,070,883 (1,060,996) 549,295 559,182