## nicholas
& St Peter’s Codsall Wood
# **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST NICHOLAS, CODSALL, STAFFORDSHIRE IN THE DIOCESE OF LICHFIELD**
**ANNUAL REPORT AND FINANCIAL STATEMENTS**
**YEAR ENDED 31 DECEMBER 2025**
**CHARITY NUMBER 1130892**
## **The Parochial Church Council of The Parish of Codsall Trustees’ Annual Report for the year ended 31[st] December 2025**
**Charity registration number: 1130892**
## **Objectives and Activities**
The Parochial Church Council of the Parish of Codsall (the PCC) has the responsibility of co-operating with the incumbent, the Reverend Marg Mattocks in promoting in the ecclesiastical parish, the whole mission of the church, pastoral, evangelistic, social and ecumenical The PCC is also spiritually responsible for the maintenance of the Churches, the Parish Rooms, Church Road, Codsall and St Peters’ Hall, Whitehouse Lane, Codsall Wood.
The PCC is committed to enabling as many people as possible to worship at our Church and to become part of our parish community at St. Nicholas, Codsall and St Peters, Codsall Wood. The PCC maintains an overview of worship throughout the parish and makes suggestions on how our services can involve the many groups that live within our parish. Our services and worship put faith into practice through prayer and scripture, music and sacrament.
## **Statement of Public Benefit**
The trustees of the Charity are aware of the Charity Commission’s guidance on public benefit in _The Advancement of Religion for the Public Benefit_ and have had regard to it in their administration of the Charity. The trustees believe that, by promoting the work of the Church of England in the Ecclesiastical Parish of St Nicholas, Codsall, Staffordshire in the Diocese of Lichfield it helps to promote the whole mission of the Church (pastoral, evangelistic, social and ecumenical) more effectively, within the Ecclesiastical Parish, and that in doing so it provides a benefit to the public by: -
- Providing facilities for public worship, pastoral care and spiritual, moral and intellectual development, both for its members and for anyone who wishes to benefit from what the Church offers: and
- Promoting Christian values, and service by members of the Church in and to their communities, to the benefit of individuals and society as a whole.
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## **Achievements and Performance**
## **CHURCHWARDEN’S REPORT FOR 2025**
## Annie Fletcher/Marie Spencer
## **St. Nicholas Church Codsall & St. Peter’s Codsall Wood**
We are happy to report that the established pattern of services continues in both churches .
Our live streaming of the services on YouTube means that those who feel vulnerable or unable to gather together can enjoy the service at home.
Our social groups continue to grow with new members across all groups. St. Nicholas Church
Health & Safety
Tim West is our H & S officer carries out regular inspections and reports findings to the PCC. We have had no serious issues.
Safeguarding Policy
It is required that members of the PCC and all those working with vulnerable children and adults complete a safeguarding course. Helen Walker, our Safeguarding officer has ensured that the PCC members have
completed levels C0 & C1. New members of the PCC must complete C0 & C1 before the first meeting of the new term takes place.
Raychel Tazarov assists Helen.
Churchyard
A churchyard tidy up was completed in May and another in September
The ongoing problem with the amount of ‘ornaments’ being placed on plots continues. Our thanks to the team who carry out this arduous task.
Three trees have been planted in the churchyard, our thanks to those who generously donated towards them. Rewilding areas have been created. Parish Rooms
The committee meets when required. We have an excellent manager. Our thanks to Sarah Daybell, for her sterling work and being a friendly face to all who use the facilities.
Remedial work has been carried out during the year. St. Nicholas’ Church
The fire extinguisher inspections were carried out in November and replaced where necessary. Annual heating service was not completed awaiting a new engineer.
Rewiring of sockets and our pendant lights continues.
Floor outside the vestry warped due to the weather , repaired by Tim and friend
## **ST. PETER’S, CODSALL WOOD**
## **Report for 2026 APCM:**
## **CHURCH:**
St. Peter’s continues to offer fortnightly services on 1[st] , 3[rd] & 5[th] Thursdays (10.00am Holy Communion) and 2[nd] & 4[th] Sundays (8.30am Holy Communion), plus occasional services to mark special occasions – Easter, St. Peter’s Day, Harvest and Christmas Day.
Our congregation has not yet returned to the pre-pandemic numbers of 15-20 regular attendees. We currently average around 10 on a Thursday and 8 on a Sunday.
We did not have any baptisms, weddings or funerals during 2025.
In place of our summer service and barbecue, we held a quiz night, with fish & chips, in St. Peter’s Hall on 14[th] June. This was very well supported and just about broke even.
We then held our 2nd Pie & Peas Harvest Supper, this year with entertainment, on 4[th] October, again in St. Peter’s Hall, which was very well attended, enjoyed by all & raised £220 for Church funds
Following the success of the quiz night in June, we held another on 1[st] November, this time with games and fish & chips – another good night, brain cells exercised and a further £200 raised.
Thanks to Tracy Carver for her valuable help in organising these social events, particularly for her table decoration skills!
The Village Carol Service on 21st December was a great success. The congregation numbered 79 people – slightly down on 2024 due to us coinciding with carol services at St. Mary’s Albrighton & the Salvation Army
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Cannock. The children read the Christmas Story and the carols were accompanied by live keyboard, flute, clarinet & guitar. Absolute chaos, particularly Marg’s & Jon’s Codsall Wood 12 Days of Christmas, but a great start to Christmas, followed by food, drink & fellowship in St. Peter’s Hall. The (in)famous hot mulled wine sent everyone home warm & happy!
The summer service and barbecue is scheduled to return in June 2026 (close to St. Peter’s Day), plus at least one more Pie & Peas supper and another quiz night.
Despite the good support of our social events, the low numbers at our regular Communion services continues to be a concern. Sadly, we have little support from the Codsall Wood community, other than for our special services. Over recent years, we have tried various initiatives to encourage more support, but to little avail. Any suggestions would be most welcome.
Following David Carver’s ordination as a Lay Reader, David has been a great help to the ministry team at St. Peter’s, leading services when necessary and regularly supporting & preaching. His sermons are well-prepared and often thought-provoking!
2026 is St. Peter’s 150[th] anniversary and we are giving some thought to some special celebrations.
Tim West undertakes most of the routine maintenance, where he is able, and Helen Parkes does a splendid job of cleaning the Church.
There were no major repairs required in 2025 – just the routine replacement of light bulbs, repairs to the porch light and routine maintenance of the gas heaters & fire extinguishers. There have been no further problems with the underground rainwater drainage pipe by the Eastern corner of the Church, following its repair in 2024. The Quinquennial inspection in November 2022 highlighted necessary remedial work estimated at £24,200, the majority of which should have been carried out by the end of 2025. It seems that the main problem is the deterioration in the pointing of the Church’s brickwork.
**-2-**
Some of the work has already been, or will be, carried out voluntarily - cleaning out the gutters, repainting the Church gate, inspection of the ironwork of the bell headstock and refixing the Avonguard crack monitor in the Chancel, which will reduce the total cost, but the rest of the work is beyond our capabilities.
In addition, the roof is showing signs of minor damage following the ravages of winter and some heavy rainfall & strong winds.
The garden at the side of the Church needs some TLC too.
In support of the Eco-Church initiative, a review of the lighting (bulbs & fittings) was completed recently, and costings put forward to change bulbs & fittings to LED (circa £116).
A decision will need to be made by the PCC on how the various works will be scheduled, once our financial position has been reviewed.
## **HALL:**
St. Peter’s Hall continues to attract hirers with the regular evening & Saturday dance school still being the most frequent user.
Now well into her second year, Suzanne Welland’s pie business (Brewood Pie Company) continues to grow in popularity, not only amongst the Codsall Wood Villagers and our Thursday congregation, but word is getting out into the wider community. It is great for the Church to support this community project, and the additional rental income is very welcome.
South Staffs Council’s Environmental Health Officer revisited the kitchen in September, was very happy with her inspection and no risk improvements were required.
Despite its age, the hall building remains serviceable. Tim undertakes as much of the routine maintenance as possible to keep costs down. There has been little expenditure over the past 12 months, as follows:
- Routine maintenance of boiler, fire extinguishers, fire blanket & fire exit signs;
- Replace one fire alarm and one fire extinguisher, following annual checks;
- Repair a water leak underneath one of the radiators;
- Replace several bulbs & one fluorescent tube;
- Replace the rotted rear fire door threshold & rehang the door.
The hall floor will need revarnishing during 2026, probably during the Easter school holidays. The estimated cost is circa £1,400. Over £1,000 of this estimate is for the materials – the proposed varnish is heavy-duty and should last 3 years.
Also, the car park will need attention – fill the growing number of potholes, re-gravel the surface and repair the wooden fence.
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As with the Church, in support of the Eco-Church initiative, a review of the lighting (bulbs & fittings) was completed recently, and costings put forward to change bulbs & fittings to LED (circa £292).
**-3-**
## **GENERAL:**
The Church & Hall Management Committee was restarted in 2024, comprising Marg, Jon, Annie, David & Tim. We haven’t met for over 6 months due to various other pressures and Marg’s sabbatical, but we hope to resume quarterly meetings during 2026 to review the Church & hall activities.
We would like to acknowledge, with our thanks, the terrific support that we receive from Marg & Jon, who have enthusiastically thrown themselves into Church life in Codsall Wood.
Finally, thanks to Roger for keeping our finances in “apple-pie” order.
## **Tim West**
Tim West 24[th] January 2026
Thank you to Tim West who has carried out most of the repairs at great cost saving. And to David Carver for assisting with the remedial work at St. Peter’s Church & Hall
Aims and purpose
Codsall Parochial Church Council (PCC) has the responsibility of promoting the mission of our church throughout the parish under the leadership of Rev’d Marg Mattocks and Rev. Jon Pedley , our curate. The PCC is also responsible for the maintenance of the Parish Rooms and St Peter’s Hall.
The Standing Committee and the PCC met in person on four occasions.
The main purpose of our meetings has been on how we continue to deliver worship and to strengthen the work of the church. Focus has been on ECO church, Shaping for Mission and Communication including setting up a new website and new logo.
Three teams have been set up to ensure the continued growth and vision of our churches. The teams are: Mission – Communication, hospitality,
Generosity - to look at ways of supporting the church not just monetarily
Churchyard. – this comprises of two teams, these look at memorials and any requests and the second team looks at the diversity of the churchyard and maintenance.
Eco church – to make the churches and buildings more green.
Bird boxes and feeders have continued to be put around the churchyard. We gained ECO bronze award.
AV team – deliver services online.
## **Services at St. Nicholas’ & St. Peter’s**
We continue with an established pattern of worship in both of our churches. A team of welcomers welcome our visitors. More volunteers are always welcome.
St. Nicholas’
Communion - Sunday weekly – 10am (also streamed on YouTube) Communion - Thursday – 10am on 2[nd] & 4[th] weeks Baptisms – 1[st] Sunday of the month @ 12noon & 1pm
St Peter’s
BCP Communion - 2[nd] & 4[th] Sundays – 8.30am Communion – 1[st] , 3[rd] 5[th] Thursdays – 10am
**We have reintroduced the common cup and also offer communion by intinction.** Ministry within the community
## **Private Prayer**
St Nicholas’ continues to open for Private Prayer on Wednesdays 2pm – 3pm. An opportunity to reflect and pray in our lovely church building.
## **Bible study**
The Monday evening Bible Study group meets in church 8pm – 9pm. It is a time to reflect on the readings for the following Sunday.
## **The Well**
Weekly donations of food, toiletries, cleaning products etc. are gratefully received; Alison is our co-ordinator.
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Rev. Marg continued with the themes of the Lent giveaway (399kgs), Meals on Wheels for Harvest in September (398kg) and the Reverse Advent Calendar (205kg). The response has been overwhelming each time We thank all those that donate for their generosity. The total for the year including weekly collections is 2700kg. **Go To Place**
In conjunction with the Parish Council and other services St Nicholas’ continue to support the Warm Hub.. A place where you can have a free coffee and a light breakfast. A go to place for a chat and support. A warm and welcoming place at the heart of the community for everyone. It continues to grow and is much appreciated by all who attend.
## **Christmas Services**
St Nicholas held their Carol Service on Sunday December 14[th] . This was also streamed live on YouTube.
St. Peter’s Carol Service was on December 21[st] , followed by a buffet and mulled wine.
A Crib services was held on Christmas Eve at 3pm, and a Christmas assembly style singalong at 5pm. These services were streamed on our YouTube channel. These were very well attended and yet again Rev. Marg’s interpretation of the 12days of Christmas was not to be missed. (If you did, go to YouTube and check it out) Midnight Communion & our Christmas Day services were held in church and streamed live on YouTube
## **Tree of Remembrance**
Our Tree of Remembrance was once again situated outside church. It was adorned with ribbons in memory of loved ones and as thanksgivings. A second tree was situated outside the Parish Rooms.
## **Parish Magazine**
The Parish Magazines continues to be delivered by numerous distributors to homes around Codsall, Codsall Wood, Oaken and Bilbrook. A number are posted to past church members now living away.
## **Notable events of 2024**
January 19[th] – Confirmation service at St. Michael’s Penkridge. February 2[nd] – Christingle February 16[th] - New Electoral roll March 5[th] – St Nicholas 1[st] school in church for Lent March 5[th] – Ash Wednesday – imposition of ashes March 30[th] - Mothering Sunday (posy bouquets made from recycled newssheets) April 8[th] - St Nicholas 1[st] school in church for Easter April 12[th] – Lent Giveaway food Collection (399kg) April 17[th] – Maundy Thursday – Washing of hands & feet. April 18[th] – Good Friday - 11am Open Air Service in the Village
12noon – Prayers at The Tomb
April 20th – Easter Sunday 6am – Dawn Service
10am - Easter Communion followed by an Easter Egg Hunt (Rev. Jon dressed as an Easter Bunny) May 10[th] – Plant Sale (£1248.48)
May 22[nd] – A.P.C.M. June 14[th] – 3 trees felled 1 tree crowned
June 15[th] – Father’s Day (chocolate, bible reading origami heart)
June 26[th] – St Nicholas School Yr 4 in church for communion service
July 1[st] – St. Christopher’s Catholic School in church.
July 2[nd] – Cellar cleared July 9[th] – Archdeacons Visitation @ St. Michael’s Penkridge July 12[th] – 30[th] Shed clearance & demolishing and clearing the site
July 15[th] – St. Nicholas’ School Leavers Service in church
July 30[th] -Monitor in children’s corner installed August 3[rd] -Rev. Marg’s sabbatical starts September 20[th] – Meals on Wheels food collection (398kg) September 21[st] – Harvest festival October 22[nd] – New shed erected November 2[nd] Rev Nar back after sabbatical November 2[nd] – Memorial Service November 9th – Remembrance Sunday am Prayers for Peace pm December 5[th] – Community carols around the tree December 7[th] - Patronal festival services followed by a shared lunch December 7[th] – Presentation to Evelyn in recognition of 50 years’ service as verger December 13[th] – reverse advent calendar collection (205kg)
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December 14[th] – Carol Service St. Nicholas’ led by the Readers
December 16[th] – St Nicholas 1[st] School Christmas services
December 21[st] – Carol Service St. Peter’s Presentation to Tim for his work on the shed followed by refreshments and mulled wine.
December 24[th] – Crib Services 3pm & Christmas sing along 5pm.
Midnight Service 11pm
December 25[th] – Christmas Communion
## Our thanks to
Rev’d. Marg for producing and leading us in creative and inspirational worship
Rev’d Jon
The Ministry team Jackie, Jill, Serena , David & Craig. Wednesday private prayer- Jackie, Jill & Annie Our Bellringers. Our verger, Mrs Evelyn Wallin
AV. Team – for live streaming the weekly services. Matt, Graham, Brigid, Brenda, Steve, Nicholas , Henry & Annie,
Rev. Viv Hatton.
Matt Jevons – for creating the online service each week.
Our Finance Team – Roger Marsh, Matt Jevons, Graham Street & Mrs Kim Benton finance department -Lichfield diocese
Angela Jevons, for her administration work and as editor of the Parish Magazine.
Brigid O’Connor & Raychel Tazarov, for updating Facebook
Maria De-Lloyde, Hazel Bristow & Helen Heywood – Magazine Team Alison Harrison – The Well (foodbank) co-ordinator and to all who have contributed to the foodbank and helped with the collections Welcoming team. Jackie Hill / Julia Mc Donald- St Nicholas’ Church cleaners. Sarah Daybell- Parish Room Manager Cleaners – St. Peter’s Church & Hall
All the leaders of our various church groups. Tracey Carver , Alison Harrison & volunteers – Plant sale & Cark Park maintenance Tim West and all who helped with the shed clearance. Our prayers go out to you all. God Bless
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## **Finance Report**
The Parish has paid it’s £70,524 Common Fund in full for 2025. This is our contribution to the cost of ministry in the diocese which includes our vicar’s housing, pension and salary as well as that of the curates – one of whom includes our own Rev’d Jon Pedley. The formula includes 20% support towards the more deprived parishes in the diocese. (This is because Codsall is one of the 5% least deprived parishes in the diocese.)
The main extraordinary expense has been electrical repairs to St Nicholas. This has cost around £8,000 but that work has been spread over 2 years and £1,000 was recovered from the Listed Places Of Worship Grant Scheme. This type of emergency maintenance has been increasing over recent years and a major upgrade to the electrics is currently taking place at a cost of a further £10,000 but this won’t be invoiced until 2026. This is being covered by the Warner Bequest.
3 Yew trees were removed from the churchyard because they were threatening the churchyard retaining wall. They have been replaced elsewhere with native Wild Service trees thanks to generous donations from our parishioners.
The utility charges remained constant and the changes reflected on the usage and for St Nicholas church and the Parish Rooms had a full year’s benefit from the Hive controls.
|**Magazine**
Income
Costs
**Profit/Loss**
**Parish Rooms**
Income
Costs
**Profit/Loss**
**St Peter's Hall**
Income
Costs
**Profit/Loss**
**Fund Raising**
Income
Costs
**Profit/Loss**||Unrestricted
Funds
12,267
-10,910
**1,357**
11,175
-8,747
**2,428**
8,965
-6,154
**2,811**
2,259
537
**1,722**||Restricted
Funds
**0**
**0**
0
0
**0**
0
**0**|Total
2024
10,056
-10,824
**-768**
10,556
-8,919
**1,637**
7,252
-7,221
**31**
5,524
-1809
**3,715**|2024|Total|Funds
2025
12,267
-10,910|
|---|---|---|---|---|---|---|---|---|
|||||||||**1,357**|
|||||||||11,175
-8,747|
|||||||||**2,428**|
|||||||||8,965
-6,154|
|||||||||**2,811**|
|||||||||2,259
537|
|||||||||**1,722**|
Our magazine and 2 halls have shown a gratifying increase in profits. Fund raising is down, but this only reflects that no Christmas Tree Festival was held in 2025.
Fees, which is one of our main sources of income, fell again in 2025, this time by around 13% to £18k. As one of our main income sources this continuing downward trend is a concern.
In 2025 we had to regrettably amend our giving policy which is still to donate 3.5% of our General Fund income but only if the fund has generated a positive income. Due to the negative outcome in 2025, we have been unable to donate significantly more than the £11,754 element of our Common Fund. (20% mutual support to our brother and sister parishes in the diocese.)
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## **Reserves Policy**
It is PCC policy to try to maintain a balance on free reserves (net current assets) which equates to at least three months unrestricted payments. This is equivalent to £31,011_2025 [£32,415 2024]. It is held to smooth out fluctuations in cash flow and to meet emergencies. The balance of the free reserves at the year-end was £62,840 [£69,076 2024] General Fund. Together with designated funds Total £78,705_2025 [£158,539 2024] this is higher than this target. In the uncertain economic climate, it is felt to have a healthy reserve is a good foundation for the future. It will allow the charity to explore different outreach if identified and also be secure of having sufficient reserves if called upon in any unforeseen circumstances.
## **Investment Policy**
The charity is granted power to invest in suitable investments under the PCC Powers Measure 1956 and the Trustees Act 2000. As a charity, the Trustees have a duty of care to take such advice as is appropriate before investments are undertaken. This advice is sought from the Central Board of Finance (CCLA) in London. AFH Wealth Management and EFG Harris Allday.
The charity’s investment policies are based on two key principles: -
- Ethical Investment – this includes ensuring that investments are held in companies which have high standards of corporate governance and act in a responsible way towards stakeholders.
- Long-term responsibilities – the trustees are aware of their long-term responsibilities in respect of the Restricted and Unrestricted reserves and as a result follow a prudent approach to investment decisions.
Investment policy for long-term funds is aimed primarily at generating a sustainable income, with due regard to the need for the preservation of capital value, and the possible need to realise investments to meet operational needs. The charity does not have a policy of generating income at excessive or high risk – known as “purchasing income”, where high returns are guaranteed at the expense of capital.
In summary, the charity has an overall policy to maximise income while preserving the real value of its funds. Due to the nature of the charity, an ethical investment policy is taken into consideration when investments are made: The charity follows the Ethical Investment Advisory policy as recommended by the Lichfield Diocese which includes the following:
- “We aim to invest in companies that:
- will develop their business in the interests of shareholders;
- demonstrate responsible employment practices;
- are conscientious concerning issues of corporate governance, the environment and human rights;
- are sensitive to the community in which they operate.”
Planned giving, collections and donations are the main sources of fund raising along with tax recoverable. It is the policy of the PCC to invest funds to achieve a balance of income and growth using a spread of medium and low risk CBF Fund investments.
## **Safeguarding**
The PCC believe they have fulfilled their duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have due regard to House of Bishops’ guidance on safeguarding children and vulnerable adults).
## **Reporting Serious Incidents**
A Serious Incident is an adverse event, whether actual or alleged, which results in or risks significant harm to the charity’s beneficiaries, employees, office holders, volunteers or to others who come into contact with the charity through its work, loss of the charity’s money or assets, damage to the charity’s property or harm to the charity’s work or reputation.
The trustees are not aware of any Serious Incidents in the last year
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## **Fundraising**
The PCC takes it fundraising responsibilities seriously and is very grateful to all donors – whether regular or occasional – for their support of the church and church events. PCC supporters are never taken for granted. The PCC take full responsibility for fundraising and do not use commercial organisations or professional fundraisers. All money raised is either by donations, fundraising events, special appeals or legacies for which the PCC are most grateful.
## **Volunteers**
The members of the PCC would like to thank all 102 volunteers who work so hard to make our Church a lively and vibrant community.
## **Risk Management**
The Church Wardens carry out regular Health and Safety Reviews and regularly inspect premises for potential hazards. We have safeguarding policies in place for child protection and for work with vulnerable adults, including rigorous DBS checking of staff and volunteers. Our insurances are reviewed annually to ensure adequate cover. An informal review of any new risks which may impact the work of the Church in the Parish is ongoing.
## **Structure, Governance and Management**
The PCC is a Body Corporate established by the Church of England and is a Charity registered with the Charity Commission. The PCC is governed by the Parochial Church Council Powers Measure (1956) as amended that came into effect on 2[nd] January 1957, and the Church Representation Rules (contained in Schedule 3 to the Synodical Government Measure 1969 as amended).
The method of appointment of the PCC members is set out in the Church Representation Rules. The Council comprises the Incumbent, the Churchwardens, a representative of the Readers, those elected to the Deanery Synod, and other members who are elected at the Annual Parochial Church Meeting, by those on the Electoral Roll. The PCC members receive training from courses run by the Diocese. Members of the congregation are always urged to join the Electoral Roll, and to stand for election to the PCC.
The PCC members are responsible for making decisions on all matters of general concern and importance in the parish, and for all financial matters. The PCC met 5 times in 2025. [Given its responsibilities, the PCC has a number of sub committees, each dealing with a particular aspect of parish life. These include Finance and Standing Committee. Each reports back to the PCC with the minutes of their meetings.]
## **Related Parties**
Mrs Wallin has been employed as a Verger in 2025 [and 2024] and Mrs Jevons has been employed as an Administrator in 2025 [and 2024]. They have held these posts for many years, and the PCC have decided that as valued members of the congregation along with their experience that they are both able to act as a Trustees also. They would not be present during any discussions regarding their employment.
## **Donations from Related Parties**
Donations from 12 related parties during the year totalled £9,930_2025 [£8,065 2024]. All of these donations were received without conditions.
## **Remuneration paid to Trustees**
Two of the trustees have been paid £12,772_2025 [£12,339 2024] remuneration for duties as a Verger and Administrator. Both have been employed for a number of years. They both were the best candidates available and it was felt that their experience would be of value serving the PCC also. Neither are present when employment is discussed.
No other Trustee received remuneration or any other benefits from employment with the PCC
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## **Expenses paid to Trustees**
No trustees were reimbursed for travel and subsistence during the year or in 2024.
## **Reference and Administrative Details**
|**Churches:**|St Nicholas, Codsall|
|---|---|
||St Peters, Codsall Wood|
|**Independent Examiner**:|Lichfield Diocesan Board of Finance|
||St Mary’s House|
||The Close|
||Lichfield|
||WS13 7LD|
|**Bankers:**|Barclays Bank plc|
||Bilbrook Branch|
||PO Box 5|
||Wolverhampton|
||WV1 1DS|
|**Investment**|CCLA|
||1 Angel Ln London EC4R 3AB|
|**Address for Correspondence:**|Codsall Vicarage|
||48 Church Road|
||Codsall|
||Staffordshire|
||WV8 1EH|
|**Charity Name:**|The Parochial Church Council of the Ecclesiastical Parish of|
||St Nicholas, Codsall, Staffordshire in the Diocese of Lichfield|
|**Registered Charity Number:**|1130892|
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**PCC Members: Who Served from 1 January 2025 to the date this report was approved**
|~~a~~|~~ee ee~~|~~ee~~|
|---|---|---|
|**Trustee name**
~~a~~
~~es~~|**Office (if any)**
~~ee ee~~|**Dates acted if not for whole**
**period**
~~ee~~|
|**Ex-Officio**
~~a~~
~~es~~
~~ee a~~|~~ee ee~~
~~a~~|~~ee~~
~~ee~~|
|The Revd M
Mattocks
~~es~~
~~ee a~~
~~es~~|Chairman
~~a~~|~~ee~~|
|Mrs S Gilmour
~~ee a~~
~~es~~|Reader
~~a~~|~~ee~~|
|Mrs J Gollins
~~es~~
~~a~~
~~es~~|Reader||
|Mrs J Morgans
~~es~~
~~es~~|Reader||
|Mrs A Fletcher
~~es~~
~~es~~|Church Warden||
|Mrs M Spencer
~~es~~
~~a~~
~~es~~|Church Warden||
|Mrs E Wallin
~~es~~
~~es~~|Diocesan Synod Representative||
|Mr R Marsh
~~es~~
~~es~~
~~ee~~|Deanery/Diocesan Synod Representative/Treasurer||
|Mrs S Cartwright
~~es~~
~~ee~~|DeanerySynod Representative||
|Mr D Carver
~~ee~~
~~Ge~~
~~es~~|DeanerySynod Representative/Vice Chairman
~~Ge~~|~~Ge~~|
|~~es~~|||
|**Elected Members**
~~es~~
~~ee~~|~~ee~~|~~ee~~|
|Mrs M Barrow
~~Ge~~
~~es~~|~~Ge~~|(appointed September 2025)
~~Ge~~|
|Mrs H Bristow
~~es~~|||
|Mrs T Carver
~~es~~
~~ee~~|~~ee~~|~~ee~~|
|Mrs V Chapman
~~Ge~~
~~es~~|~~Ge~~|~~Ge~~|
|Miss B Davis
~~es~~|||
|Mrs J Hilse
~~es~~
~~ee~~|~~ee~~|(appointed May2025)
~~ee~~|
|Mrs P Lane
~~Ge~~
~~es~~|~~Ge~~|(appointed May2025)
~~Ge~~|
|Mr J Marsh
~~es~~
~~ee Ge~~|~~Ge~~|(resigned May2025)|
|Miss B O'Connor
~~es~~
~~ee Ge~~
~~ee~~|~~Ge~~||
|Mrs J Symonds
~~ee Ge~~
~~ee~~
~~es~~|~~Ge~~|(resigned May2025)|
|Mrs H Walker
~~ee~~
~~es~~|||
|Mr T West
~~es~~
~~ee~~
~~ee~~|~~ee~~|~~ee~~|
|Mrs A Jevons
~~ee~~|Co-opted/Secretary||
Approved by the PCC on 26.03.26 and signed on its behalf by:
**M. Mattocks A M Jevons**
12
**Independent Examiner’s report to the trustees/members of The PCC of The Parish of Codsall** Registered charity number: 1130892
I report on the accounts for the year ended 31[st] December 2025 which are set out on the following pages.
## Respective responsibilities of the Trustees and Independent Examiner
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under Section 144 of the Charities Act 2011 (the Charities Act) and th at an independent examination is needed.
It is my responsibility
- to examine the accounts under section 145 of the Charities Act,
- to follow the procedures laid down in the General Directions given by the Charity Commission
- (under section 145(5)(b) of the Charities Act, and
- to state whether particular matters have come to my attention.
## Basis of Independent Examiner's Statement
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair” view and the report is limited to those matters set out in the statement below.
## Independent Examiner's Statement
In connection with my examination, no material matters have come to my attention which gives me cause to believe that in any material respect:
- accounting records were not kept in accordance with section 130 of the Charities Act or
- ● the accounts do not accord with the accounting records
I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Lichfield Diocesan Board of Finance
St Mary’s House, The Close, Lichfield WS13 7LD
13
## **The Parish of Codsall Notes to the Financial Statements**
For the year ended 31[st] December 2025
## **Accounting Policies**
The Financial statements of the PCC have been prepared in accordance with the Church Accounting Regulations 2006 using the Receipts and Payments basis.
There may be minor discrepancies in the totals as the pence are not being shown.
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. 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 main affiliation to another body nor those that are informal gatherings of Church members.
## **Cashflow Statement**
The Charity has taken advantage of the exemption in FRS102 from the requirement to produce a cashflow statement on the grounds that the income does not exceed £500,000.
## **Going Concern**
There are no material uncertainties relating to events or conditions that cast significant doubt on the charity’s ability to continue as a going concern.
## **Accounting Estimates and Prior Year Errors**
No changes to accounting estimates have occurred in the reporting period. No material prior year errors have been identified in the reporting period
## **Description of Funds**
**Unrestricted funds** are income funds of the PCC that are available for spending on the general purposes of the PCC, including amounts designated by the PCC for fixed assets for its own use or for spending on a future project and which are therefore not included in its "free reserves" as disclosed in the trustees' annual report.
An explanation of purpose of each Designated fund is as follows:
- Car park fund – This was originally set up to enable the car park to be built and now represents the capital asset value of the car park.
- Projects – Forthcoming projects – Money ringfenced for projects agreed by the PCC
14
**Restricted funds** comprise of two elements:-
- a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest
- b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis.
An explanation of purpose of each Restricted fund is as follows:
- HFabric – Church Fabric fund –Donations and bequests for work on the Fabric and maintenance of St Nicholas Church.
- IDS Fund – Codsall Vicarage Redecoration – Restricted for the re-decoration of the Vicarage
- Organ Fund – Donations for the maintenance of the Organ and other music facilities.
- PR Fund – A bequest for the Parish Rooms
- Quinquennial – Specific funds for the Quinquennial
- SetAside – Churchyard Set Aside – Donations for maintenance of the Churchyard
**Endowment funds** are restricted funds that must be retained as trust capital either permanently or subject to a discretionary power to spend capital as income, and where the use of any income or other benefit derived from the capital may be restricted or unrestricted. Full details of all their restrictions are shown in the notes to the accounts.
An explanation of purpose of each Endowment fund are as follows:
The PCC of Codsall does not hold any Endowment funds
## **Incoming Resources**
Planned giving, collections and donations are recognised when received or when the PCC becomes entitled to the resource and the monetary value can be measured with sufficient reliability. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and Legacies are accounted for when the PCC is legally entitled to the amounts due and the monetary value can be measured with sufficient reliability. Dividends are accounted for when receivable, interest is accrued. All other income is recognised when it is receivable. All incoming resources are accounted for gross.
## **Resources Expended**
Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. The diocesan parish share is accounted for when due. Amounts received specifically for mission are dealt with as restricted funds. All other expenditure is generally recognised when it is incurred and is accounted for gross.
## **Governance and Support Costs**
Support costs should be allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the PCC and its compliance with regulation and good practice. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources eg by allocating staff costs by time spent and other costs by their usage.
15
## **Fixed Assets**
Consecrated and benefice property is not included in the accounts by s.10(2)(a)&(C) of the Charities Act 2011. Moveable church furnishings held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the Church’s inventory, which can be inspected (at any reasonable time). For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements.
No depreciation is provided on buildings as the currently estimated residual value of the properties is not less than their carrying value and the remaining useful life of these assets exceeds 50 years, so that any depreciation charges would be immaterial.
Other tangible fixed assets are valued at cost apart from the Village hall which is valued on the annual rental income raised to the nearest £500 above x10. The depreciation rates and methods used are 20% per annum and shown on page 25.
## **Investments**
Investments in quoted shares, traded bonds and similar investments are valued initially at cost and subsequently at market value at the year end. Investments held for re-sale are treated as current asset investments.
## **Debtors**
Debtors are measured on initial recognition at settlement amount. Subsequently they are measured as cash expected to be received
## **Creditors and Accruals**
Creditors are measured at settlement amounts less any trade discounts. Accruals are measured on best estimate of the amount required to settle the obligation at the reporting date.
16
## _**The Parish of Codsall year ending 2025**_
## **Receipts and Payments Account 2025**
||**Unrestricted**
**funds**
**Designated**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**2025**
**2024**|
|---|---|
|**Receipts**
Donations and legacies
Income from charitable activities
Other trading activities
Investments
Other income
**Total income**
**Payments**
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**
**Reconciliation of funds**
**Total funds brought forward**
**Total funds carried forward**|60,122
-
11,526
-
71,648 80,137
22,931
-
-
-
22,931 21,920
34,446
-
-
-
34,446 33,112
1,647
478
8,298
-
10,424 11,284
-
-
-
-
-
-|
||**119,147**
**478**
**19,825**
**-**
**139,451 146,454**
165
-
-
-
165
1,781
123,880
8,503
29,309
-
161,694 158,136
-
-
-
-
-
-|
||**124,045**
**8,503**
**29,309**
**-**
**161,859 159,918**|
||**(4,899)**
**(8,026)**
**(9,484)**
**-**
**(22,408) (13,465)**
-
-
-
-
-
900
-
-
-
-
-
(900)
(2,069)
(1,498)
(9,076)
-
(12,643) 16,947
18,455
765
(3,022)
-
16,198 22,997|
||**11,487**
**(8,759)**
**(21,581)**
**-**
**(18,852) 26,480**|
||**474,551**
**87,463**
**312,360**
**-**
**874,375 847,894**|
||**486,039**
**78,705**
**290,779**
**-**
**855,523 874,375**|
17
_**The Parish of Codsall year ending 2025**_
## **Statement of assets and liabilities 2025**
|**Class and nominal code**|**General Desi**|**General Designated Restricted**|**nated Restricted **|**Endowment 2025**|**Endowment 2025**|**2024**|
|---|---|---|---|---|---|---|
|**Fixed Asset - Investments**|||||||
|CB3027899: CCLA - Forthcoming Projects Fund -|CB3027899: CCLA - Forthcoming Projects Fund -|25,330|-|-|25,330 26,827|25,330 26,827|
|CB3027900: CCLA - Set aside fund|-|-|85,401|-|85,401 88,160|85,401 88,160|
|CB3027901: CCLA - Church Fabric fund|-|-|42,947|-|42,947 42,042|42,947 42,042|
|CB3027903: CCLA - General fund|24,522 -|24,522 -|-|-|24,522 25,972|24,522 25,972|
|CB3027904: CCLA - Fabric fund|-|-|122,661|-|122,661|127,769|
|CB3027906: CCLA - Fabric fund 2|-|-|-|-|-|30,728|
|CB3027907: CCLA - General fund 2|14,862 -|14,862 -|-|-|14,862 15,481|14,862 15,481|
|CB3027908: CCLA - Churchyard Set Aside|-|-|49,046|-|49,046 51|046 51,088|
|**Total**|**39,385 25,330**|**39,385 25,330**|**300,057**|**-**|**364,772 **|**408,072**|
|**Fixed Asset - Tangible Assets**|||||||
|6431: Churchyard|63,276 -|63,276 -|-|-|63,276 66,676|63,276 66,676|
|6437: Parish Rooms|269,923 -|269,923 -|-|-|269,923|263,799|
|6438: St Peter's Hall|90,000 -|90,000 -|-|-|90,000 75,000|90,000 75,000|
|6439: St Nicholas Car Park|-|33,739|-|-|33,739 32,974|33,739 32,974|
|6440: AV System 2022|-|26,589|-|-|26,589 33|589 33,236|
|**Total**|**423,199 **|**60,328**|**-**|**-**|**483,527 **|**471,685**|
|**Current Asset - Cash At Bank And In Hand**|||||||
|40137413: Barclays Bank current account|2,164|3,007|22,897|-|28,069 20,065|28,069 20,065|
|90651206: Codsall PCC - St Nicholas Donations
Account|8,934|(9,961)|1,470|-|444|757|
|CB3027905: CCLA - General|12,356 -|12,356 -|-|-|12,356 15,708|12,356 15,708|
|CB3027909 : CCLA - Set Aside|-|-|2,828|-|2,828|5,159|
|IDCODS011: Lichfield IDS account|-|-|3,487|-|3,487|3,362|
|QFCODS011 : Lichfield Quinquennial A/c|-|-|1,320|-|1,320|1,280|
|**Total**|**23,455 (6,954)**|**23,455 (6,954)**|**32,003**|**-**|**48,505 46,333**|**48,505 46,333**|
|**Liability - Agency Accounts**|||||||
|6699: Agency collections|-|-|890|-|890|408|
|**Total**|**-**|**-**|**890**|**-**|**890**|**408**|
|**Liability - Creditors: Amounts falling due after more than one year**||**Liability - Creditors: Amounts falling due after more than one year**|||||
|DLCODS011: Diocesan Loan due in 2 - 5 Years -|DLCODS011: Diocesan Loan due in 2 - 5 Years -|-|29,475|-|29,475 40|475 40,391|
|**Total**|**-**|**-**|**29,475**|**-**|**29,475 40,391**|**29,475 40,391**|
|**Liability - Creditors: Amounts Falling Due In One Year**|**Liability - Creditors: Amounts Falling Due In One Year**||||||
|DLCODS11: Diocesan Loan due in 1 Year|-|-|10,915|-|10,915 10|915 10,915|
|**Total**|**-**|**-**|**10,915**|**-**|**10,915 10,915**|**10,915 10,915**|
|**Net total assets**|**486,039 **|**78,705**|**290,779**|**-**|**855,523 **|**874,375**|
Approved by the PCC on 26.03.26 and signed on its behalf by:
**M. Mattocks A M Jevons**
18
## **Statement of assets and liabilities 2024**
|**Class and nominal code**|**General Designated Restricted Endowment 2024**
**2023**|
|---|---|
|**Fixed Asset - Investments**
CB3027899: CCLA - Forthcoming Projects Fund
-
26,828
-
-
26,828
25,248
CB3027900: CCLA - Set aside fund
-
-
88,160
-
88,160
81,018
CB3027901: CCLA - Church Fabric fund
-
-
42,043
-
42,043
41,811
CB3027902: CCLA - Investment Closed
-
-
-
-
-
9,029
CB3027903: CCLA - General fund
25,973
-
-
-
25,973
24,443
CB3027904: CCLA - Fabric fund
-
-
127,770
-
127,770 134,779
CB3027906: CCLA - Fabric fund 2
-
-
30,729
-
30,729
38,486
CB3027907: CCLA - General fund 2
15,482
-
-
-
15,482
15,135
CB3027908: CCLA - Churchyard Set Aside
-
-
51,089
-
51,089
49,946
Total
41,454
26,828
339,790
-
408,073 419,894
**Fixed Asset - Tangible Assets**
6431: Churchyard
66,676
-
-
-
66,676
63,805
6437: Parish Rooms
263,799 -
-
-
263,799 251,901
6438: St Peter's Hall
75,000
-
-
-
75,000
65,000
6439: St Nicholas Car Park
-
32,974
-
-
32,974
31,487
6440: AV System 2022
-
33,236
-
-
33,236
41,545
Total
405,475 66,210
-
-
471,685 453,738
**Current Asset - Cash At Bank And In Hand**
40137413: Barclays Bank current account
2,306
4,386
13,374
-
20,066
13,331
90651206: Codsall PCC - St Nicholas Donations
Account
9,608
(9,961)
1,110
-
757
10
CB3027905: CCLA - General
15,709
-
-
-
15,709
13,921
CB3027909 : CCLA - Set Aside
-
-
5,160
-
5,160
6,418
IDCODS011: Lichfield IDS account
-
-
3,362
-
3,362
2,737
QFCODS011 : Lichfield Quinquennial A/c
-
-
1,280
-
1,280
800
Total
27,622
(5,575)
24,285
-
46,333
37,217
**Liability - Agency Accounts**
6699: Agency collections
-
-
409
-
409
733
Total
-
-
409
-
409
733
**Liability - Creditors: Amounts falling due after more than one year**
DLCODS011: Diocesan Loan due in 2 - 5 Years
-
-
40,391
-
40,391
51,307
Total
-
-
40,391
-
40,391
51,307
**Liability - Creditors: Amounts Falling Due In One Year**
DLCODS11: Diocesan Loan due in 1 Year
-
-
10,916
-
10,916
10,916
Total
-
-
10,916
-
10,916
10,916
**Net total assets**
**474,551 87,463**
**312,360**
**-**
**874,375 847,894**|-
26,828
-
-
26,828
25,248
-
-
88,160
-
88,160
81,018
-
-
42,043
-
42,043
41,811
-
-
-
-
-
9,029
25,973
-
-
-
25,973
24,443
-
-
127,770
-
127,770 134,779
-
-
30,729
-
30,729
38,486
15,482
-
-
-
15,482
15,135
-
-
51,089
-
51,089
49,946|
||41,454
26,828
339,790
-
408,073 419,894
66,676
-
-
-
66,676
63,805
263,799 -
-
-
263,799 251,901
75,000
-
-
-
75,000
65,000
-
32,974
-
-
32,974
31,487
-
33,236
-
-
33,236
41,545|
||405,475 66,210
-
-
471,685 453,738
2,306
4,386
13,374
-
20,066
13,331
9,608
(9,961)
1,110
-
757
10
15,709
-
-
-
15,709
13,921
-
-
5,160
-
5,160
6,418
-
-
3,362
-
3,362
2,737
-
-
1,280
-
1,280
800|
||27,622
(5,575)
24,285
-
46,333
37,217
-
-
409
-
409
733|
||-
-
409
-
409
733
**re than one year**
-
-
40,391
-
40,391
51,307|
||-
-
10,916
-
10,916
10,916|
||**474,551 87,463**
**312,360**
**-**
**874,375 847,894**|
_**The Parish of Codsall year ending 2025**_
19
**Unrestricted Designated Restricted Endowment 2025 2024**
## **Analysis of receipts and payments 2025**
|**RECEIPTS**
**Donations and Legacies**
0101 - Tax Efficient Giving
0201 - Other planned giving
0301 - Loose plate collections
0302 - St Peters Collections
0303 - Contactless
0410 - Giving through church boxes
0550 - Donations appeals etc
0553 - Fee Donation
0601 - Tax recoverable on Stewardship
0701 - Legacies
0801 - Recurring grants
08A1 - Non-recurring one-off grants
**Donations and legacies Totals**
**Income from charitable activities**
0901 - Other funds generated
0902 - Heating - Weddings&Funerals
1101 - PCC - Statutory fees for Weddings
and Funerals
**Income from charitable activities Totals**
**Other trading activities**
0910 - Social Activites
0915 - Christmas Tree Festival
1220 - Bookstall sales fund raising
1230 - Parish Rooms lettings
1231 - Parish Rooms - lettings - deposit
1240 - St Peters Hall lettings
1250 - Magazine income advertising
1260 - Magazine income sales
1320 - Surplus sales of fixed assets
**Other trading activities Totals**
**Investments**
1001 - Dividends
1020 - Bank and building society interest
1030 - Rent from lands or buildings
**Investments Totals**
**Receipts Grand totals**
**PAYMENTS**
**Raising funds**
1720 - Costs of stewardship campaign
1730 - Costs of fetes & other events
1735 - Christmas Tree Festival Costs
**Raising funds Totals**|37,526
-
360
-
37,886 37,991
1,455
-
-
-
1,455
3,337
4,077
-
-
-
4,077
4,889
118
-
-
-
118
88
1,907
-
-
-
1,907
1,473
239
-
-
-
239
320
1,650
-
1,400
-
3,050
4,465
308
-
1,160
-
1,468
5,283
12,715
-
-
-
12,715 12,709
-
-
-
-
-
1,500
-
-
7,273
-
7,273
8,080
125
-
1,333
-
1,458
-|
|---|---|
||**60,122**
**-**
**11,526**
**-**
**71,648 80,137**
1,377
-
-
-
1,377
-
3,213
-
-
-
3,213
-
18,340
-
-
-
18,340 21,920|
||**22,931**
**-**
**-**
**-**
**22,931 21,920**
1,299
-
-
-
1,299
1,605
25
-
-
-
25
3,035
696
-
-
-
696
563
11,175
-
-
-
11,175 10,703
8
-
-
-
8
(104)
8,965
-
-
-
8,965
7,252
8,160
-
-
-
8,160
6,848
4,107
-
-
-
4,107
3,208
10
-
-
-
10
-|
||**34,446**
**-**
**-**
**-**
**34,446 33,112**
1,056
478
7,884
-
9,418
9,972
591
-
414
-
1,006
1,310
-
-
-
-
-
2|
||**1,647**
**478**
**8,298**
**-**
**10,424 11,284**|
||**119,147**
**478**
**19,825**
**-**
**139,451 146,454**|
||-
-
-
-
-
701
165
-
-
-
165
122
-
-
-
-
-
958|
||**165**
**-**
**-**
**-**
**165**
**1,781**|
**Expenditure on charitable activities**
20
|1830 - Giving - relief and development
agencies
1850 - Home mission
1870 - Secular charities
1910 - Parish share
2001 - Assistant Staff costs
2011 - Tax - Inland Revenue
2050 - Administration Salaries
2061 - Parish Rooms - Salary
2063 - Magazine - Salary
2064 - St Nicholas Church Cleaning - Salary
2065 - St Peters Church Cleaning - Salary
2070 - Organist Fee
2101 - Working expenses of Ministry Team
2115 - Youth Work Expenses
2201 - Parish training and mission
2240 - AV running costs
2250 - Church Stationary Communion
Supplies
2311 - St Nicholas Church insurance
2312 - St Nicholas Church Maintenance
2322 - St Peters Church insurance
2323 - St Peter's Church maintenance
2325 - Choir
2332 - Parish Rooms insurance
2336 - Parish Rooms Maintenance
2350 - Churchyard maintenance
2352 - St Peters Hall insurance
2353 - St Peters Hall maintenance
2360 - Administration
2410 - St Nicholas Church gas
2411 - St Nicholas Church electric
2413 - St Nicholas telephone
2420 - St Peters Church electric
2421 - St Peters Church gas
2430 - Parish Rooms Electricity
2431 - Parish Rooms gas
2434 - Parish Office telephone
2443 - Vicarage telephone
2450 - St Peters Hall electricity
2451 - St Peters Hall gas
2455 - St Peters Hall water
2501 - Magazine expenses
2510 - Bookstall costs
2610 - Audit Fee
**Expenditure on charitable activities**
**Totals**
**Payments Grand totals**|-
-
-
-
-
600
303
-
-
-
303
660
450
-
-
-
450
2,630
70,524
-
-
-
70,524 69,144
2,120
-
852
-
2,972
2,545
310
-
-
-
310
-
4,542
-
-
-
4,542
4,419
2,985
-
-
-
2,985
2,877
1,678
-
-
-
1,678
2,060
-
-
3,276
-
3,276
3,120
328
-
-
-
328
312
1,153
-
-
-
1,153
1,010
5
-
-
-
5
(40)
77
-
-
-
77
780
100
6,647
-
-
6,747
8,359
-
1,571
-
-
1,571
25
666
285
-
-
951
1,133
585
-
2,856
-
3,441
3,351
-
-
7,676
-
7,676
1,218
613
-
-
-
613
602
223
-
-
-
223
104
-
-
-
-
-
170
801
-
-
-
801
787
1,531
-
-
-
1,531
1,295
-
-
14,648
-
14,648 13,030
943
-
-
-
943
926
1,106
-
-
-
1,106
3,117
4,067
-
-
-
4,067
2,962
6,533
-
-
-
6,533
8,244
2,367
-
-
-
2,367
2,247
29
-
-
-
29
686
223
-
-
-
223
276
624
-
-
-
624
1,043
1,059
-
-
-
1,059
1,289
2,368
-
-
-
2,368
2,670
893
-
-
-
893
837
953
-
-
-
953
899
1,388
-
-
-
1,388
930
2,403
-
-
-
2,403
1,970
312
-
-
-
312
276
9,232
-
-
-
9,232
8,764
372
-
-
-
372
613
-
-
-
-
-
181|
|---|---|
||**123,880**
**8,503**
**29,309**
**-**
**161,694 158,136**|
||**124,045**
**8,503**
**29,309**
**-**
**161,859 159,918**|
_**The Parish of Codsall year ending 2025**_
21
## **Fund movement by type 2025**
|**Fund**|**Opening**
**Incoming**
**Outgoing**
**Transfers**
**Gains/Losses**
**Journals**
**Closing**|
|---|---|
|**CarPark**
Designated
**Sub-totals**
**General**
Unrestricted
**Sub-totals**
**IDSFund**
Restricted
**Sub-totals**
**PR Fund**
Restricted
**Sub-totals**
**Quinquennial**
Restricted
**Sub-totals**
**HFabric**
Restricted
**Sub-totals**
**SetAside**
Restricted
**Sub-totals**
**Projects**
Designated
**Sub-totals**
**Organ**
Restricted
**Sub-totals**|32,974
-
-
-
765
-
33,739|
||**32,974**
**-**
**-**
**-**
**765**
**-**
**33,739**
474,551
119,147
124,045
-
16,386
-
486,039|
||**474,551**
**119,147**
**124,045**
**-**
**16,386**
**-**
**486,039**
3,362
125
-
-
-
-
3,487|
||**3,362**
**125**
**-**
**-**
**-**
**-**
**3,487**
180
-
-
-
-
-
180|
||**180**
**-**
**-**
**-**
**-**
**-**
**180**
1,280
40
-
-
-
-
1,320|
||**1,280**
**40**
**-**
**-**
**-**
**-**
**1,320**
153,737
7,329
13,869
-
(4,275)
-
142,923|
||**153,737**
**7,329**
**13,869**
**-**
**(4,275)**
**-**
**142,923**
149,639
11,130
15,440
-
(4,802)
-
140,529|
||**149,639**
**11,130**
**15,440**
**-**
**(4,802)**
**-**
**140,529**
54,489
478
8,503
-
(1,498)
-
44,966|
||**54,489**
**478**
**8,503**
**-**
**(1,498)**
**-**
**44,966**
3,429
1,200
-
-
-
-
4,629|
||**3,429**
**1,200**
**-**
**-**
**-**
**-**
**4,629**|
|**Totals**|**874,375**
**139,451**
**161,859**
**-**
**3,555**
**-**
**855,523**|
**Fund movement by type 2024**
**Fund Opening Incoming Outgoing Transfers Gains/Losses Journals Closing**
22
|**CarPark**
Designated
**Sub-totals**
**Genera**l
Unrestricted
**Sub-totals**
**IDSFund**
Restricted
**Sub-totals**
**PR Fund**
Restricted
**Sub-totals**
**Quinquennial**
Restricted
**Sub-totals**
**HFabric**
Restricted
**Sub-totals**
**SetAside**
Restricted
**Sub-totals**
**Projects**
Designated
**Sub-totals**
**Organ**
Restricted
**Sub-totals**
**NextGen**
Designated
**Sub-totals**
**None**
Restricted
**Sub-totals**|31,487
-
-
-
1,487
-
32,974|
|---|---|
||**31,487**
**-**
**-**
**-**
**1,487**
**-**
**32,974**
456,196
122,272
129,662
(900)
26,645
-
474,551|
||**456,196**
**122,272**
**129,662**
**(900)**
**26,645**
**-**
**474,551**
2,737
125
-
500
-
-
3,362|
||**2,737**
**125**
**-**
**500**
**-**
**-**
**3,362**
-
500
320
-
-
-
180|
||**-**
**500**
**320**
**-**
**-**
**-**
**180**
800
80
-
400
-
-
1,280|
||**800**
**80**
**-**
**400**
**-**
**-**
**1,280**
151,989
6,911
7,109
-
1,966
-
153,757|
||**151,989**
**6,911**
**7,109**
**-**
**5,205**
**-**
**156,996**
141,138
13,977
13,761
-
8,286
-
149,640|
||**141,138**
**13,977**
**13,761**
**-**
**8,286**
**-**
**149,640**
61,175
637
8,903
-
1,580
-
54,489|
||**61,175**
**637**
**8,903**
**-**
**1,580**
**-**
**54,489**
2,209
1,221
-
-
-
-
3,430|
||**2,209**
**1,221**
**-**
**-**
**-**
**-**
**3,430**
163
-
163
-
-
-
-|
||**163**
**-**
**163**
**-**
**-**
**-**
**-**
-
731
-
-
-
-
731|
||**-**
**731**
**-**
**-**
**-**
**-**
**731**|
|**Totals**|**847,895**
**146,454**
**159,918**
**-**
**39,945**
**-**
**874,375**|
_**The Parish of Codsall year ending 2024**_
**Staff Costs**
23
||**2025**|**2024**|
|---|---|---|
||||
|Wages & Salaries|£19,362|£18,649|
|Social SecurityCosts|£311|£0.00|
|Average number of
Employees|6|6|
During the year the PCC employed an Administrator/Magazine Editor, Verger/Churchyard Supervisor, Parish Rooms Manager, Parish Rooms Cleaner, St Nicholas Church Cleaner, St Peter’s Church Cleaner [all part-time] and no payments attracted social security costs. Verger fees from Weddings and Funerals are posted as a credit against code 2001
There were no employee benefits to key management personnel in the previous or current year.
The PCC use the National Employment Savings Trust [Nest] via the Diocesan Payroll Scheme, for its pension payments there were no pension payments in 2025 or 2024
## **Trustees’ Remuneration & Expenses**
Two of the trustees have been paid £12,772_2025 [£12,339 2024] remuneration or for their duties as a Verger and Administrator. They both were the best candidate, and it was felt that their experience would be of value serving the PCC also. Neither are present when employment is discussed.
No other Trustee received remuneration or any other benefits from employment with the PCC
No trustees were reimbursed for travel and subsistence during the year or 2024.
## **Related Parties**
No other expenses were paid to any other PCC member, persons closely connected to them or related parties
Donations from 12 related parties [PCC members] totalled £9,930_2025 [£8,065 2024]
## **Fees for the examination of the accounts**
||**2025**|**2024**|
|---|---|---|
||||
|Independent Examiner’s
fees|210|150|
||||
|Other fees - Bookkeeping|595|690|
|**Total**|**805**|**840**|
## **Analysis of Transfer between Funds 2025**
There were no transfers between fund in 2025
24
## **Analysis of Transfer between Funds 2024**
## **Fixed Assets**
a) Tangible Fixed Assets
|||**Freehold**
**Buildings**
**£**|**Church**
**Equipment**
**£**|**Total**
**Assets**
**£**|
|---|---|---|---|---|
|Cost or Valuation
~~ee~~|~~ee~~|~~ee~~|~~ee~~|~~ee~~|
|As at 1 Jan
~~ee~~
~~ee~~|~~ee~~
~~ee~~|438,449
~~ee~~
~~ee~~|33,236
~~ee~~
~~ee~~|471,685
~~ee~~
~~ee~~|
|Additions in the Year
~~ee~~|~~ee~~|-
~~ee~~|-
~~ee~~|-
~~ee~~|
|Disposal in the Year
~~ee~~
~~ee~~|~~ee~~
~~ee~~|-
~~ee~~
~~ee~~|-
~~ee~~
~~ee~~|-
~~ee~~
~~ee~~|
|Revaluation
~~ee~~|~~ee~~|18,489
~~ee~~|0.00
~~ee~~|18,489
~~ee~~|
|**Value at 31 Dec**
~~ee~~
~~ee~~|~~ee~~
~~ee~~|**456,938**
~~ee~~
~~ee~~|**33,236**
~~ee~~
~~ee~~|**490,174**
~~ee~~
~~ee~~|
|~~ee~~|~~ee~~|~~ee~~|~~ee~~|~~ee~~|
|Depreciation
~~ee~~
~~ee~~|~~ee~~
~~ee~~|~~ee~~
~~ee~~|~~ee~~
~~ee~~|~~ee~~
~~ee~~|
|As at 1 Jan
~~ee~~|~~ee~~|-
~~ee~~|33,236
~~ee~~|33,236
~~ee~~|
|Charge for the Year
~~ee~~
~~ee~~|~~ee~~
~~ee~~|-
~~ee~~
~~ee~~|6,647
~~ee~~
~~ee~~|6,647
~~ee~~
~~ee~~|
|Disposals
~~ee~~|~~ee~~|-
~~ee~~|-
~~ee~~|-
~~ee~~|
|**Value at 31 Dec**
~~ee~~
~~ee~~|~~ee~~
~~ee~~|**-**
~~ee~~
~~ee~~|**26,589**
~~ee~~
~~ee~~|**26,589**
~~ee~~
~~ee~~|
|~~es~~|~~es~~|~~es~~|~~es~~|~~es~~|
|~~es~~
~~ee~~|~~es~~
~~ee~~|~~es~~
~~ee~~|~~es~~
~~ee~~|~~es~~
~~ee~~|
|Net Book Value at 1 Jan
2025||438,449|33,236|471,685|
|**Net Book Value at 31 Dec**
**2025**||**456,938**|**26,589**|**483,527**|
Churchyard – £63,276_2025 [£66,676 2024] - Church Lane Codsall [Valued as Agricultural land] – Land Index 2025 -5.1% reduction.
Parish Rooms – £269,923_2025 [£263,799 2024] - Church Road Codsall WV8 1EH [Valued via Nationwide Index] 2.32% increase.
St Peter’s Hall – £90,000 2025 [£75,000 2024] - Valued as 10 x Income received – 2025 Income £8,965 [rounded up to the nearest £500] £9,000 x 10 = £90,000
St Nicholas Car Park – £33,739 2025 [£32,974 2024] - Church Road Codsall WV8 1EH [Valued via Nationwide Index] 2.32% increase.
AV System - £26,589_2025 [£33,236 2024] – Depreciated by 20% as shown on page 16
b) Fixed Asset Investments
25
||**At 1 Jan**
**£**|**Addition**
**s**
**£**|**Disposals**
**£**|**Transfers**
**£**|**Change in**
**Market**
**Value**
**£**|**At 31**
**Dec**
**£**|
|---|---|---|---|---|---|---|
|Unrestricted
funds|||||||
|Investments|68,283|-|-|-|-3,568|64,715|
||||||||
|Restricted Funds|||||||
|Investments|339,790|-|-30,657|-|-9,074|300,057|
||||||||
|**Total**|**408,072**|-|**-30,657**|-|**-12,643**|**364,772**|
CCLA CB3027899 – Forthcoming Projects Fund [Designated] - £25,330_2025 [£26,828 2024] CCLA CB3027900 – Churchyard Set Aside [Restricted] - £85,401_2025 [£88,160 2024] CCLA CB3027901 – Church Fabric fund [Restricted] - £42,947_2025 [£42,043 2024] CCLA CB3027903 – General fund [Unrestricted] - £24,522_2025 [£25,973 2024] CCLA CB3027904 – Church Fabric fund [Restricted] - £122,661_2025 [£127,770 2024] CCLA CB3027906 – Church Fabric fund [Restricted] - £NIL 2025 [£30,729 2024] CCLA CB3027907 – General fund [Unrestricted] - £14,862_2025 [£15,482 2024] CCLA CB3027908 – Churchyard Set Aside [Restricted] - £49,046_2025 [£51,089 2024]
## **Liabilities due within one year**
||**2025**
**£**|**2024**
**£**|
|---|---|---|
|LDBF loan due < 1year|10,915|10,915|
|Agency|890|408|
|**Total**|**11,805**|**11,323**|
## **Liabilities due after one year**
||**2025**
**£**|**2024**
**£**|
|---|---|---|
|LDBF loan due 2 – 5years|29,475|40,391|
||||
|**Total**|**29,475**|**40,391**|
**Summary of Assets by Fund 2025**
26
|General (Unrestricted)
Designated - CarPark
Designated - Projects
Restricted - HFabric
Restricted - IDSFund
Restricted - None
Restricted - Organ
Restricted - PR Fund
Restricted - Quinquennial
Restricted - SetAside
**Total**|**Unrestricted**
**Designated**
**Restricted**
**Endowment**
**2025**
**2024**
486,039
-
-
-
486,039
474,551
-
33,739
-
-
33,739
32,974
-
44,966
-
-
44,966
54,489
-
-
140,633
-
140,633
153,737
-
-
3,487
-
3,487
3,362
-
-
-
-
-
731
-
-
4,629
-
4,629
3,429
-
-
180
-
180
180
-
-
1,320
-
1,320
1,280
-
-
140,529
-
140,529
149,639|
|---|---|
||**486,039**
**78,705**
**290,779**
**-**
**855,523**
**874,375**|
## **Summary of Assets by Fund 2024**
|
General (Unrestricted)
Designated - CarPark
Designated - NextGen
Designated - Projects
Restricted - HFabric
Restricted - IDSFund
Restricted - None
Restricted - Organ
Restricted - PR Fund
Restricted - Quinquennial
Restricted - SetAside
**Total**|**Unrestricted**
**Designated**
**Restricted**
**Endowment**
**2024**
**2023**
474,551
-
-
-
474,551 456,195
-
32,974
-
-
32,974
31,487
-
-
-
-
-
163
-
54,489
-
-
54,489
61,175
-
-
153,737
-
153,737 151,989
-
-
3,362
-
3,362
2,737
-
-
731
-
731
-
-
-
3,429
-
3,429
2,208
-
-
180
-
180
-
-
-
1,280
-
1,280
800
-
-
149,639
-
149,639 141,138|
|---|---|
||**474,551**
**87,463**
**312,360**
**-**
**874,375 847,894**|
**Receipts & Payments Comparatives**
27
## **[Previous Year 2024]**
## **Receipts and Payments Account 2024**
||**Unrestricted**
**funds**
**Designated**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**2024**
**2023**|
|---|---|
|**Receipts**
Donations and legacies
Income from charitable activities
Other trading activities
Investments
Other income
**Total income**
**Payments**
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**
**Reconciliation of funds**
**Total funds brought forward**
**Total funds carried forward**|66,076
-
14,061
-
80,137 78,841
21,294
-
626
-
21,920 20,526
33,112
-
-
-
33,112 29,329
1,789
637
8,858
-
11,284 10,972
-
-
-
-
-
-|
||**122,272**
**637**
**23,545**
**-**
**146,454 139,668**
1,782
-
-
-
1,782
900
127,880
9,067
21,190
-
158,136 151,984
-
-
-
-
-
198|
||**129,662**
**9,067**
**21,190**
**-**
**159,918 153,081**|
||**(7,390)**
**(8,429)**
**2,355**
**-**
**(13,465) (13,413)**
-
-
900
-
900
1,358
(900)
-
-
-
(900)
(1,358)
1,876
1,580
13,491
-
16,947 39,168
24,769
1,487
(3,258)
-
22,997 (2,767)|
||**18,355**
**(5,362)**
**13,487**
**-**
**26,480 22,988**|
||**456,196**
**92,825**
**298,873**
**-**
**847,894 824,907**|
||**474,551**
**87,463**
**312,360**
**-**
**874,375 847,894**|
28