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20 May 2026 



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|||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 



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|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|





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|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|





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|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|





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



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|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<br>360,170|
|Depreciation|||
|At 1st January 2025||5,116<br>5,116|
|Charge for the year||883<br>883|
|||5,999<br>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|||





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|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|





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|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)|





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|||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|





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|||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|





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