2025-12-31-accounts

Church of the Good Shepherd, Brighton

Charity Registered Number - 1131188

Annual Report and Financial Statements of the Parochial Church Council

For the year ended 31[st] December 2025

Vicar The Revd. Alice Smith 272 Dyke Road BRIGHTON BN1 5AE

Banks Santander UK plc and Barclays Bank plc

Independent Examiner

S Brentnall 1 Meadow View Cottages Town Littleworth Cooksbridge LEWES BN8 4TH

The web site of this Church is www.goodshepherdbrighton.org.uk

Page 2

Parochial Church Council of the Church of the Good Shepherd, Brighton

Contents Annual Report Report of the Independent Examiner Statement of Financial Activities Balance Sheet Notes to the Financial Statements 10 Year History of Selected Items of Income and Expenditure	Page No
	3 9 10 11 15 26

Registered Charity 1131188

Page 3

Parochial Church Council of the Church of the Good Shepherd, Brighton

Annual Report for 2025

Administrative Information

The Church of the Good Shepherd is situated in Dyke Road, Brighton. It is an independent charity and a part of the Diocese of Chichester within the Church of England. All correspondence should be addressed to the Incumbent, the Revd. Alice Smith, at The Vicarage, 272 Dyke Road, Brighton, BN1 5AE.

During the year the following served as members of the Parochial Church Council (PCC) and as Trustees:

Vicar: The Revd. Alice Smith – Chairman [from February 2025] Associate Vicar: The Revd. Dr Mathew Philip Reader: Mr Michael Miller Church Wardens: Ms Patricia Jackson – Vice Chairman [retired May 2025] Mrs Patricia Hunter – Vice Chairman Ms Pauline Grimstone [from May 2025] Deputy Church Wardens: Mrs Sarah Thomas

Representatives on the Deanery Synod:

Mr Michael Miller Ms Sheena Richardson [retired May2025] Mr Michael Willsdon [from May 2025] Mr Aidan Wallis [retired May 2025]

Elected members:

Mr Richard Aynsley-Smith Mrs Honor Banerjee [retired May 2025] Mr Mario Hinksman [from May 2025] Mrs Marian Hughes [retired May 2025] Mr Steven Johnson [co-opted September 2025] Mrs Tessa Pacey [from May 2025] Mr Peter Rose Mrs Judy Snell [from May 2025]

Mrs Sarah Thomas Mrs Sally Walker

The following members of the PCC retired/deceased in 2025

Mrs Honor Banerjee Mrs Marian Hughes Ms Sheena Richardson Mr Aidan Wallis

Registered Charity 1131188

Page 4

Aims and Purposes

The primary aim of the PCC of Church of the Good Shepherd (in the city of Brighton & Hove) is to promote the work of the Church of England in the parish. The national mission of the church – pastoral, evangelical and social – is the responsibility of the PCC and in co-operation with the incumbent, uses the parish structure effectively to achieve this and in doing so it provides a benefit to the public by

• Providing facilities for public worship, pastoral care and spiritual, moral and intellectual development for all who wish to benefit from what the Church offers.

• Provide practical support and care for people in the parish regardless of faith and irrespective of need and/or ability to pay.

• The promotion of Christian values and service by members of the Church, within and outside their local community, to the benefit of individuals and society as a whole.

Additional current objectives agreed by the PCC/Trustees for 2025 include:

• Leaving a legacy for generations to come by considering/evaluating projects connected with fabric of the church

• In terms of a spiritual/pastoral to further engage with the surrounding community especially those in particular need.

• To appoint a Youth Leader, after receipt of a grant from the Community of St Denys’ and after the induction of the new Vicar, on a three-year contract for the parish. The parish is very grateful to the Trustees of the Community of St Denys for this generous support.

In working to achieve these objectives, the PCC has initiated and continued the following activities during the year -

On February 17[th] , 2025, the Revd. Alice Smith was inducted by The Right Reverend Dr Martin Warner, Bishop of Chichester, as Vicar of the Parish of the Good Shepherd, Brighton. Those attending the service included the Lord Lieutenant of East Sussex, The High Sheriff of East Sussex and Brighton’s Lord Mayor. Many members of Brighton Deanery clergy were also present.

All major festivals were celebrated in 2025. Study groups (Heresies and How to Avoid Them) and a Monday Bibe Study Group were held during the year. Other events included, in June, a Vicarage Garden Party, Hymns and Pimms in August; in Autumn there was a Children’s Bonfire and Light Party, Harvest Supper and in a particularly busy December there was the Christmas Tree Festival and evening services – Christingle Service, Carols Among the Trees, Light up a Life and the Festival of Nine Lessons and Carols. A new introduction was a Baby Loss Memorial Service.

Following her appointment the Revd. Alice initiated a Listening Survey, a Vision Day (open to all) and ‘Tea at the Good Shepherd’ on a Tuesday afternoon; an evening session on Domestic Abuse Training Session was held in November for both those in and without the Parish. After the Sunday morning service, the Vicar introduced ‘Sunday Snippets’ an exploration of the liturgy, worship and ritual in the Church of England – past and present.

The parish has done significant work in bringing safeguarding systems up to date, including using the Church of England’s Parish Dashboard system, quickly reaching the highest level, 3.

The use of software allowing services to be broadcast to those unable to physically attend has continued throughout the year.

Some meetings of the PCC, standing committee and sub-committees (when needed) have also been via the internet.

The church has continued to sponsor, from its Youth Fund, two students from the Young Actors Group, who otherwise could not have participated. In 2025 fund-raising (and following a successful Christmas Fair) monies were raised to support three charities - one international (Mission Aviation Fellowship), one national (Samaritans) and one local (Chomp).

Registered Charity 1131188

Page 5

The parish is now exploring new ways to reach primary school aged children. Links to local schools have strengthened over 2025. The youngest children at Lancing College Preparatory School and Windlesham School joined us for Remembrance Sunday Services. After a lengthy and difficult review the PCC decided to discontinue financial support for Kidz Klub Brighton & Hove.

In conjunction with Cardinal Newman School an Organ Scholar was provided with free use of the organ for practice and tuition during the year.

When possible, during the year donated goods are taken to the local Brighton Food Bank, which is run by Brighton and Hove City Mission.

The hall and church facilities are offered free to local schools, charities and voluntary groups such as the Brownies, Reigate Road Residents Association and McMillan Nurses; in 2025 there were two fundraising concerts in the church for the Martlets Hospice.

The PCC is very grateful for the unpaid and continuing hard work of its many volunteers who are involved at every level in activities of the church – often amounting to hundreds of hours.

Achievements and Performance

Church Attendance

There are currently 88 (113 in 2024) parishioners on the Church Electoral Roll, of whom just over 40% are not resident within the parish boundaries. The average weekly attendance was 61 but this number increased at festivals.

Review of the year

• (i) The full PCC met five times during 2025. Committees and sub committees met between meetings and reports of their deliberations were received by the full PCC and discussed where necessary.

Attendance at PCC Meetings	Attendance at PCC Meetings	Attendance at PCC Meetings	Attendance at PCC Meetings
	(i)	(ii)	(iii)
The Revd. Alice Smith	4	4	All committees
The Revd. Dr Mathew Philip	5	4	(a), (b), (c), (f),and(k)
Mr Michael Miller	5	4	(a), (b), (d)and(k)
Mr Richard Aynsley-Smith	5	4	(a) and(c)
Mrs Honor Banerjee	2	-
Ms Pauline Grimstone	5	3	(a)and(c)
Mrs Marian Hughes	2	2	(b)
Mrs Pat Hunter	5	5	(a), (c)and(f)
Ms Patricia Jackson	5	5	(a), (c), (d)and(g)
Mr Steven Johnson	1	1	(a)
Mrs Tessa Pacey	3	3	(d)
Ms Sheena Richardson	5	3
Mr Peter Rose	5	3
Mrs JudySnell	3	2
Mrs Sarah Thomas	5	3	(a) and(b)
Mrs SallyWalker	5	4
Mr Aidan Wallis	2	-
Mr Michael Wilsdon	5	4	(c)

Notes to Table

• (i) Maximum attendance possible

(ii) Actual Attendance

• (iii) Membership of Sub Committees

Registered Charity 1131188

Page 6

(a) Standing (b) Worship (c) Fabric (d) Safeguarding (e) GS Festival and Fundraising (f) Social (k) Pastoral

Other non-PCC members of the congregation also sit, by invitation, on the sub committees.

• (ii) During the year 3 funeral services were held in the church, 4 children and 1 adult were baptised, and 1 sets of banns were read.

• (iii) The church bells were rung to commemorate VJ day and the 10[th] anniversary of the Shoreham Air Disaster and in December carol singing was performed at Chatsworth and Chartwell Nursing Homes.

• (iv) The Church in 2025 is being used 4 days a week, (during term time) daily by both voluntary and commercial organisations.

• (v) In December two local schools and one preschool used the church to celebrate Christmas and the end of term.

• (vi) Communication with homes in the parish (circa 3,300) was maintained by the distribution of a newsletter/card at Christmas and Easter.

• (vii) The Mission Action Plan for 2025 included the following objectives most of which have been completed, partially or in full –

• (a) To appoint a Youth Leader on a three-year contract; this was delayed, on the advice of the Archdeacon, until a new Vicar was established.

• (b) To leave a ‘legacy’ for future generations – in the form of 3 possible fabric projects in the church.

Financial Review

• (i) Across all funds the surplus of income over expenditure was £29,566. For the General Fund (the main operating fund of the church) there was a deficit of £43,588 (in 2024 it was £40,282); this deficit will be covered by transfers from the Church Fabric, Hall and Reigate Road Funds.

• (ii) Overall Planned Giving in 2025 was broadly the same compared with 2024 – after the one-off appeals and/or donations are eliminated for the 2024 values; this was notwithstanding a reduction in the number of regular donors. Cash collections increased by £2,367 benefitting from the appointment of a Vicar and a more sophisticated card reader.

• (iii) The church recovered over £4,125 of VAT, in 2023 and 2024, paid on repairs to the church under the Listed Places of Worship scheme.

• (iv) The second tranche of the grant (£67,000) from the Community of St Denys was received; the monies have been placed on deposit and the income classified in a restricted fund in accordance with the terms of the grant – namely the appointment of a Youth Worker for up to 3 years.

• (v) Overall expenditure when compared with 2024 has fallen by £16,860. 2024 was an atypical year with expenditure on repairs on the church, hall and the house in Reigate Road exceeding £70,000. In 2025 they major repair was on the louvres of the church tower. These amounted to just shy of £18,000.

• (vi) There were a number of special collections during the year; these were all connected with funeral services and/or appeals for charities where the intention was specific and limited.

• (vii) The largest single item of expenditure in 2024 was the sum £85,000 paid to the Diocese to cover our parish ministry costs. This covers the cost of stipend, housing and pension costs of the parish priest, a standard sum for

Registered Charity 1131188

Page 7

diocesan central costs, clergy training and a contribution to national church funds. In 2026 this parish has been asked for a 3% uplift on the 2025 value and will do its utmost to meet this.

• (viii) Overall grant giving was £4,825 in 2025; this is a reduction on 2024 solely attributable to the ceasing of support for Kidz Klub, Brighton

• (ix) The Investment Property was revalued in the year accounts following a review by an Independent Surveyors – Your Move Property Agency

• (x) Full details of the parish’s income and expenditure are to be found in the financial schedules – on pages 10 to 26 and on page 27 there is a 10-year schedule of selected items of income and expenditure.

Reserve Policy

• (i) It is PCC policy to maintain a reserve on the unrestricted funds sufficient to meet up to approximately 12 months of this parish’s liabilities and commitments; at the end of 2025 only just over 72% of the reserves were available and the PCC acknowledge that this shortfall needs to be monitored.

• (ii) The standing committee reviewed all the unrestricted fund balances in 2025 and satisfied themselves that these balances are held for known future expenditure and/or until events outside the control of the Trustees are resolved and/or that the balances were too small to be significant and/or material.

• (iii) The PCC agreed that the deficit on the General Fund would be covered by transfers from the Hall Fund, Church Fabric(designated) and Reigate Road Fund.

• (iv) The original expenditure having been capitalised the movement in the candle display case, chair and boiler funds reflects the cost of depreciation charged.

• (v) It is PCC policy to invest fund balances with

• Barclays Bank plc

• Santander Bank plc

• CBF Church of England Deposit Fund

• Church of England CIFM Investment Fund

• M + G Charifund Equity Fund.

Future Plans

• (a) The PCC has committed to spend in 2026 circa £30,000 on a new Sound/Visual System for the Church.

Additional Objectives for 2026

• (b) A programme of Outreach to Older People

• (c) Exploring new ways to reach children and families

• (d) Making the Church and hall work ‘better for us’

Structure, Governance and Management

Membership of the PCC is determined under Church Representation Rules and consists of certain ex-officio members (the Incumbent, Associate Vicar, the Churchwardens and members of the Deanery, Diocesan or General Synods and up to nine members of the Church who are elected (three per year and for a three-year term) at the Annual Parochial Church Meeting (APCM). Members of the congregation are warmly encouraged to stand for election to the PCC, and we try to ensure a balance of skills and experience where possible.

Registered Charity 1131188

Page 8

The PCC members as Trustees are responsible for a wide range of matters affecting the parish, including worship (advisory), mission and outreach as well as compliance with health and safety, disability legislation and safeguarding. In their capacity as trustees, they are also responsible for the stewardship of funds and for appropriate accounting and reporting of the parish finances. The PCC works to ensure that each member of the committees is equipped to fulfil their role. The PCC’s Secretary and Treasurer are elected at the first meeting of the PCC each year. The Churchwardens, Secretary and Treasurer attend courses run by the diocese on their particular work. Regular communications from the diocese keep these officers up to date with changes in church regulations and financial procedures and these are reported to the PCC as appropriate. The PCC is responsible for ensuring that a Disclosure and Barring Service search is conducted on all those who work closely with children and vulnerable adults in the church.

The seven sub committees that report to the PCC are - Standing Committee, Fabric, Safeguarding, Good Shepherd Festival, Worship, Social and Pastoral

Standing Committee:

This is the only committee required by law. It has the power to transact business of the PCC between its meetings, subject to any directions given by the PCC.

Worship Advisory Committee:

The Worship Advisory committee attends to matters relating to Ministry of the local church to the community and the world, such as ecumenical links, evangelism and the support of mission and relief agencies. Its remit also extends to matters related to advising the Vicar regarding church services and liturgical matters etc.

Mission and Outreach:

This committee’s remit seeks to involve not only the worshippers of the church but all those who live within the parish boundaries and those who see the Church of the Good Shepherd as a place of worship and centre of activities that may be of interest to them.

Fabric Committee:

The Fabric committee attends to the management and control of all activities in church properties and matters relating to the stewardship of the church’s assets, such as church buildings and fabric, the church grounds, the church hall, and the house at 56 Reigate Road, formerly occupied by a curate.

All the other committees’ activities/remit are defined by the name of the committee .

Risk Assessment

A review of the church’s Health and Safety Policy by the PCC was undertaken in February 2025. The Child Protection Policy was reviewed, updated, and training required for all PCC members in 2025.

Signed on behalf of the PCC

Revd. Alice Smith – Vicar

The web site of this Church is www.goodshepherdbrighton.org.uk

Registered Charity 1131188

Page 9

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE

ECCLESIASTICAL PARISH OF THE CHURCH OF THE GOOD SHEPHERD,

BRIGHTON [Registered Charity 1131188]

I report on the accounts of the Church of the Good Shepherd, Brighton for the year ended 31st December 2025, which are set out on pages 10 to 27.

Respective responsibilities of the trustees and the examiner

The church’s trustees are responsible for the preparation of the accounts. The church’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

Having satisfied myself that the church is eligible for independent examination, it is my responsibility to :-

• examine the accounts under section 145 of the 2011 Act.

• to follow the procedures laid down in the general directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

• to state whether particular matters have come to my attention

Basis of independent examiner's report

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 you as 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 give me cause to believe that in any material respect:

• accounting records were not kept in accordance with section 130 of the 2011 Act or

• the accounts do not accord with the accounting records or

• the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirements that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.

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.

Steve Brentnall 1 Meadow View Cottages Town Littleworth LEWES East Sussex BN8 4TH

Registered Charity 1131188

Page 10

STATEMENT of FINANCIAL ACTIVITIES For the Year Ended 31stDecember 2025	Note	Unrestricted Funds	Restricted Funds	Endowment Funds	TOTAL FUNDS	TOTAL FUNDS
					2025	2024
INCOME and ENDOWMENTS from: Donations and Legacies Charitable Activities Other Trading Activities Investments	1(a) 1(b) 1(c) 1(d)	£ 85,148 973 34,256 23,943	£ 67,697 - - 6,945	£ - - - -	£ 152,845 973 34,256 30,888	£ 205,724 2,019 40,674 28,877
TOTAL INCOME EXPENDITURE on: Raising Funds Charitable Activities Other Trading Activities	2(a) 2(b) 2(c)	144,320 7,905 151,903 6,886	74,642 - 22,702 -	- - - -	218,962 7,905 174,605 6,886	277,294 32,554 191,465 11,648
TOTAL EXPENDITURE		166,694	22,702	-	189,396	235,642
NET INCOME or (NET EXPENDITURE) TRANSFERS BETWEEN FUNDS OTHER RECOGNISED GAINS/(LOSSES) Realised Gain Unrealised Gains on Investments	(7) (9)	(22,374) 2,114 - -	51,940 (2,114) 8,109	- - - 15,069	29,566 - - 23,178	41,652 - 7,071 (423)
NET MOVEMENT in FUNDS BALANCES BROUGHT FORWARD at 1stJANUARY 2025		(20,260) 124,937	57,935 137,744	15,069 450,220	52,744 712,901	48,300 664,601
BALANCES CARRIED FORWARD at 31stDecember 2025		104,677	195,679	465,289	765,645	712,901

Registered Charity 1131188

Page 11

	Note	2025	2025	2024
BALANCE SHEET as 31stDECEMBER 2025		£	£	£
FIXED ASSETS Fixed Assets for Charitable Use Investment Fixed Assets Investment Assets	(8) (10) (9)	14,022 294,350 170,938		15,415 272,150 178,069
TOTAL FIXED ASSETS CURRENT ASSETS Debtors Investments Cash at Bank and in Hand	(13) (9) (15)	24,168 41,082 231,810	479,310	465,634 62,226 32,973 173,946
TOTAL CURRENT ASSETS LIABILITIES: AMOUNTS FALLING due WITHIN ONE YEAR Creditors NET CURRENT ASSET	(14)	297,060 (10,725)	286,335	269,145 (21,903) 247,242
TOTAL NET ASSETS			765,645	712,876
THE FUNDS OF THE CHARITY Endowment - Endowed Funds - Property Revaluation Reserve Restricted Funds Unrestricted Funds	(10) & (16) (9) & (16) (16)		177,739 287,550 195,679 104,677	184,870 265,350 137,744 124,912
TOTAL CHARITY FUNDS			765,645	712,876

The Annual Financial Report, for the year ended 31[st] December 2025, including the notes following, was approved by the Parochial Church Council on 18[th] March 2026 and signed on its behalf by:

The Revd. Alice Smith (Vicar) R Aynsley-Smith (Treasurer)

Registered Charity 1131188

Page 12

STATEMENT OF ACCOUNTING PRINCIPLES

Accounting Policies

The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 together with applicable accounting standards and the current (2019) Statement of Recommended Practice (SORP) and Financial Reporting Standard (FRS 102).

The financial statements have been prepared under the historical cost convention as modified by the inclusion of investments at market value and the revaluation of fixed assets. The financial statements include all transactions, assets, and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their affiliation to another body, nor those which are informal gatherings of church members.

Funds Accounting

Funds held by the PCC are:

Unrestricted Funds – general funds which can be used for PCC ordinary purposes.

Designated Funds – monies set aside by the PCC out of unrestricted funds for specific future purposes and/or projects.

Restricted Funds –

• (i) Income from trusts or endowments which may be expended only on those restricted objects provided in the terms of trust or bequest

• (ii) Donations and/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 the year is carried forward as a balance on that fund.

Endowment Funds – funds the capital of which must be maintained; the income arising from the investment of the endowment may be used, either as restricted or unrestricted funds, depending on the purpose set out in the terms of the original endowment.

Income and Endowments

All income and endowments are accounted for without deduction for any costs of receivability, are recognised when there is entitlement, receipt is probable, and the amount can be measured reliably.

Donations and Legacies

• (i) Collections are recognised when received.

• (ii) Planned giving receivable is when there is evidence of entitlement, receipt is probable, and the amount accords with the Gift Aid declaration and/or other record of intention to donate.

• (iii) Gift Aid recovered is recognised when the income to which it is attached is recognised.

• (iv) Grants and legacies are recognised when the formal offer, in writing, is received by the PCC.

Charitable Activities

Sales of magazines are recognised when received.

Other Trading Activities

Registered Charity 1131188

Page 13

Trading income is receivable in return for selling goods and/or providing services. Income from trading is recognised either

• (i) When invoiced and/or received.

• (ii) For example, in the case of concerts for the year in question, irrespective of the date of receipt. Advance bookings are included in creditors – as Deferred Income.

Income from Investments

• (i) Dividends are accounted for when due and payable. Interest entitlements are accounted for as they are received.

• (ii) Rents from Property are recognised in accordance with rental agreements and when receipt is probable and measurable.

All Other Income

All other income is recognised in accordance with the above overall policy.

Gains and Losses on Investments

• (i) Realised gains are recognised when the investments are sold.

• (ii) Unrealised gains and losses are accounted for on revaluation – at 31[st] December.

Expenditure

Expenditure is accounted for on an accruals basis and are accounted for gross.

Grants

Grants and donations are accounted for when paid over or when awarded where the award creates a binding obligation on the PCC.

Church Activities

The diocesan parish contribution is accounted for on an annual basis reflecting the allocations set by our Deanery. Any parish contribution unpaid at the 31[st ] of December is provided for in these accounts as an operational (though not a legal) liability and is shown as a creditor in the balance sheet.

Fixed Assets

Consecrated and/or beneficed and/or heritage property of any kind is excluded from the accounts by s.10 (2) 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 accounted for as inalienable property unless consecrated. They are listed in the church’s inventory, which can be inspected but are not included in the financial statements. For other property acquired prior to 2001 there is insufficient cost information available and therefore the costs of such assets are not stated in the financial statements. Since that date assets acquired have been capitalised in the accounts and depreciated over their useful economic life.

All expenditure on consecrated or beneficed buildings and individual items costing under £1,000 are written off in the year they were incurred.

Depreciation

Depreciation is calculated to write down the cost of tangible fixed assets, excluding freehold properties, over their

Registered Charity 1131188

Page 14

expected useful lives. The rates applicable are -

Computers	- 33%
Office equipment	- 20%
Other plant	- 10%

No depreciation is provided on freehold properties, as it is the PCC’s policy to maintain these assets in a continual state of sound repair. The useful economic life of these assets is so long and residual values so high that any depreciation would not be material. These assets will be subject to annual impairment reviews. Provision, however, will be made if there has been any permanent diminution in value.

Taxation

The Church enjoys charitable status. As a charity the church is outside the scope of VAT in respect of its income.

Investments

Investments are stated at market value at the balance sheet date.

Current Assets

Amounts owing to the PCC at the financial year-end in respect of fees, rents and/or other income are shown as debtors less provision for amounts that may prove uncollectible.

Short-term deposits include cash held on deposit with the CBF Church of England Funds and/or at the bank.

Other

The Parish, under the terms of Mrs Moor’s (our original benefactor) will and at the request of the diocese (in 2002) have included a further 3,016 shares in the CIFM Investment Fund. The terms of the bequest were that the money was to be used solely for the incumbent of the parish. At the time of the standardisation of stipends the income from these shares was passed to the diocese where it currently remains and is used by the diocese to offset the cost of clergy stipends.

Registered Charity 1131188

Page 15

NOTES to the FINANCIAL ACCOUNTS

For the Year Ended 31[st] December 2025

(1) ANALYSIS of INCOME and ENDOWMENTS:	Note	Unrestricted Funds	Restricted Funds	Endowment Funds	TOTAL FUNDS	TOTAL FUNDS
					2025	2024
Planned Giving (exc. Tax Refunds) Planned Giving (no Tax Refunds) Loose Cash Collections Special Collections Patronal/Christmas Tree Festival Other Special Appeals Gift Aid Recovered Grants Legacies Other Income	(11) (18)	£ 42,686 3,659 8,446 1,415 3,113 - 13,085 4,125 - 8,619	£ 60 - 637 - - - 67,000 - -	£ - - - - - - - - - -	£ 42,686 3,719 8,446 2,052 3,113 - 13,085 71,125 - 8,619	£ 56,330 4,063 6,079 2,158 4,183 15,116 18,644 33,500 55,000 10,651
VoluntaryDonations and Legacies	1(a)	85,148	67,697	-	152,845	205,724
Fees for Weddings and Funerals		973	-	-	973	2,019
Charitable Activities	1(b)	973	-	-	973	2,019
Hire of Church Hire of Church Hall		6,851 27,405	- -	- -	6,851 27,405	8,294 32,380
Other TradingActivities	1(c)	34,256	-	-	34,256	40,674
Bank and CBF Deposit Interest CCLA/M + G Investment Income Rent - 56 Reigate Road		3,711 632 19,600	4,559 2,386 -	- - -	8,270 3,018 19,600	6,729 2,948 19,200
Investments	1(d)	23,943	6,945	-	30,888	28,877
TOTAL RECEIVED on all FUNDS		144,320	74,642	-	218,962	277,294

Registered Charity 1131188

Page 16

NOTES to the FINANCIAL ACCOUNTS For the Year Ended 31[st] December 2025

(2) ANALYSIS of EXPENDITURE on:	Note	Unrestricted Funds	Restricted Funds	Endowment Funds	TOTAL FUNDS	TOTAL FUNDS
					2025	2024
Fund Raising Investment Management Costs Major Repair Costs – Reigate Road		£ 669 7,236 -	£ - - -	£ - - -	£ 669 7,236 -	£ 664 8,484 23,406
Cost of RaisingFunds	2(a)	7,905	-	-	7,905	32,554
Missionary and Charitable Giving Diocesan Parish Share Clergy Expenses Salaries and Honoraria Inc. NI Upkeep of Services Church Running Costs Church Maintenance and Repair Bank Charges Depreciation Governance Other Expenditure	(4) (5) (8) (6) (19)	3,277 85,000 5,656 13,443 1,737 18,346 7,037 134 2,474 804 13,995	1,548 - - - - 1,118 17,952 - 505 - 1,579	- - - - - - - - - - -	4,825 85,000 5,656 13,443 1,737 19,464 24,989 134 2,979 804 15,574	6,321 81,445 3,147 13,082 3,954 16,322 48,337 106 2,926 2,400 13,425
Cost of Charitable Activities	2(b)	151,903	22,702	-	174,605	191,465
Church Hall Costs Other Trading Costs	(20)	6,234 652	- -	- -	6,234 652	10,760 888
Other TradingActivities	2(c)	6,886	-	-	6,886	11,648
TOTAL EXPENDITURE on all FUNDS		166,694	22,702	-	189,396	235,667

Registered Charity 1131188

Page 17

NOTES to the FINANCIAL ACCOUNTS For the Year Ended 31[st] December 2025

NOTES to the FINANCIAL ACCOUNTS For the Year Ended 31stDecember 2025
(3) STATEMENT of CASH FLOWS	Note	2025	2024
Cash Flows from Operating Activities: Net Cash Provided by Operating Activities Cash Flows from Investing Activities Dividends, Interest and Rent from Investments Purchase of Plant and Equipment	(8)	£ 28,562 - 30,888 (1,586)	£ (13,922) - 28,877 (4,805)
Change in Cash and Cash Equivalents in the Reporting Period Cash and Cash Equivalents at the beginning of the Year	(15)	57,864 173,946	10,150 163,796
Cash at Bank and on Deposit at the end of the Year	(15)	231,810	173,946
Reconciliation of Net Income/(Expenditure) to net Cash Flow from Operating Activities Net Income/Expenditure for the Reporting Period_(as per Statement of Financial_ Activities) Adjustment for - Depreciation Unrealised Gain/Losses on Investments Sale of Shares Dividends, Interest and Rent from Investments Decrease/(Increase) in Debtors (Decrease)/Increase in Creditors	(9) (1d)	52,744 2,979 (23,178) - (30,888) 38,058 (11,153)	48,275 2,926 (6,648) 10,000 (28,877) (49,075) 9,477
Net Cash Provided by (used in)OperatingActivities		28,562	(13,922)

Registered Charity 1131188

Page 18

NOTES to the FINANCIAL ACCOUNTS For the Year Ended 31[st] December 2025

NOTES to the FINANCIAL ACCOUNTS For the Year Ended 31stDecember 2025
(4) MISSIONARY and CHARITABLE GIVING	Note	Unrestricted Funds	Restricted Funds	Endowment Funds	TOTAL FUNDS
					2025	2024
Missionary and Charitable Giving Samaritans National Deaf Children’s Society Mission Aviation Fellowship Brighton and Hove Mission Sussex Cancer Care Martlets Hospice Good News for Everyone Kidz Club Church of England’s Children’s Society One Church Brighton Sponsorship of two Drama Students Orphans International Family Support Work Lepra		£ 367 700 250 700 140 150 100 170 - - - 700	£ - - - - - - 900 - - 648 - - -	£ - - - - - - - - - - - - -	£ 367 700 250 700 - 140 150 900 100 170 648 - - 700	£ - 220 300 - 398 530 - 2,500 - - 648 700 700 325
Sub Total – Direct Giving	(4)	3,277	1,548	-	4,825	6,321

(5) STAFF COSTS	Note	General Funds	Restricted Funds	Endowment Funds	TOTAL FUNDS	TOTAL FUNDS
					2025	2024
Remuneration Wages and Salaries Employer Social Security Costs Employers Cost to Defined Contribution Scheme		£ 13,229 - 214	£ - - -	£ - - -	£ 13,229 - 214	£ 12,884 - 198
	(5)	13,443	-	-	13,443	13,082

During the year the PCC employed a Director of Music, a Hall Cleaner and a Parish Office Administrator. No member of the PCC, nor any person closely connected to them, received any form of remuneration. Other payments were made to PCC members in the year for reimbursement of expenses incurred on behalf of the PCC – namely Clergy support such as Council Tax, Water and Environmental Charges, etc - £5,420 and reimbursement for telephone, postage, travelling expenses etc £236.

Registered Charity 1131188

Page 19

NOTES to the FINANCIAL ACCOUNTS For the Year Ended 31[st] December 2025

(6) GOVERNANCE	Note	Unrestricted Funds	Restricted Funds	Endowment Funds	TOTAL FUNDS	TOTAL FUNDS
					2025	2024
Independent Examination Trustee Meetings		£ 700 104	£ - -	£ - -	£ 700 104	£ 2,400 -
TOTAL	(6)	804	-	-	804	2,400

(7) TRANSFERS

Transfer of Dividend Income to meet Relevant Expenditure in the General Fund

Organist Flower Fund Stoneham Garden Memorial Fund Assistant Priest Fund General Fund		- - - - 2,114	(1,322) (668) (123) (1) -	- - - - -		(1,014) (134) (121) (1) 1,270

Transfer of Christmas Tree Festival Surplus to Outside Giving Fund

General Fund Outside GivingFund		(2,000) 2,000	- -	- -		(2,620) 2,620
To Meet the Deficit on the General Fund
Hall Fund Reigate Road Fund Church Fabric Designated General Fund		(12,937) (12,716) (17,788) 43,441	- - - -	- - - -		(17,000) (9,000) (15,633) 41,663
TOTAL TRANSFERS	(7)	2,114	(2,114)	-	-	-

Registered Charity 1131188

Page 20

NOTES to the FINANCIAL ACCOUNTS For the Year Ended 31[st] December 2025

(8) FIXED ASSETS for CHARITABLE USE	Note	Freehold Land & Buildings	Church Equipment	Hall Equipment	TOTAL
ACTUAL/DEEMED COST At 01 January 2025 Additions		£ 1 -	£ 18,143 1,586	£ 13,081 -	£ 31,224 1,586
At 31 December 2025		1	19,729	13,081	32,810
DEPRECIATION At 01 January 2025 Charge for theyear		- -	8,423 2,162	7,384 819	15,807 2,981
At 31 December 2025		-	10,586	8,203	18,788
NET BOOK AMOUNT At 01 January 2025		1	9,718	5,697	15,415
At 31 December 2025	(8)	1	9,143	4,878	14,022

The freehold land and buildings are the Church Hall at 270 Dyke Road, Brighton. The value of the latter, on the advice of Church House, and in the absence of any written records, is shown at £1 - its written down value. The Hall was a gift to the parish in 1938. The current insurance value of this building (December 2024) is £1.47 million. Assets capitalised up to and including 2025 are the Candle Display Case the amplification system and equipment for the parish office. Hall assets capitalised are the central heating boiler radiators, overhead projector equipment, and a water gas heater.

Although not owned by the Parish the insurance value of the church is £14.63 million.

(9) INVESTMENT ASSETS	Note	Unrestricted Funds	Restricted Funds	Endowment Funds	TOTAL 2025	TOTAL 2024
Market Value at 01 January 2025 Net Gains/(Losses) and Revaluation Sale of Shares		£ - - -	£ 32,973 8,109 -	£ 178,069 (7,131) -	£ 211,042 978 -	£ 214,394 6,648 (10,000)
Market Value at 31 December 2025	(9)	-	41,082	170,938	212,020	211,042

Endowment shares comprise 7,714 shares in the CIFM Fund. These cost £3,857 in 1958. M + G Charifund Accumulation Units, bought in 2008 and 2009 comprise 100.837 units at 31.12.2025.

Registered Charity 1131188

Page 21

Notes to the Financial Accounts For the Year Ended 31[st] December 2025

(10) INVESTMENT FIXED ASSETS	Note	Unrestricted Funds	Restricted Funds	Endowment Funds	TOTAL 2025	TOTAL 2024
Market Value at 01 January 2025 Net Gains/(Losses) and Revaluation		£ - -	£ - -	£ 272,150 22,200	£ 272,150 22,200	£ 272,150 -
Market Value at 31 December 2025	(10)	-	-	294,350	294,350	272,150

The freehold land and buildings at 56 Reigate Road, Brighton was purchased in 1968 for £6,800. At the beginning of 2016 the property had an open market value of £537,500; as of mid 2025 the open market value changed to £581,900. The valuation was carried by Your Move (Estate and Letting Agents) of 38 Queens Road, Brighton, BN1 3XB an unrelated party to the Church. Half the independent valuation has been incorporated in the accounts because in the event of the house being sold only half of any proceeds (after any sale costs) are attributable to this parish. The insurance value of the house at 31 December 2024 is £ 608,459.

(11) LEGACY

No legacies were received and/or notified in 2025

Registered Charity 1131188

Page 22

NOTES to the FINANCIAL ACCOUNTS

For the Year Ended 31[st] December 2025

NOTES to the FINANCIAL ACCOUNTS For the Year Ended 31stDecember 2025
	Note	Unrestricted Funds	Restricted Funds	Endowment Funds	TOTAL FUNDS
					2025	2024
(12) ANALYSIS of NET ASSETS by FUND		£	£	£	£	£
Fixed Assets for Church Use Investment Fixed Assets Investment Assets Current Assets Current Liabilities		13,010 - - 102,391 (10,725)	1,011 - 41,082 153,587 -	1 294,350 170,938 - -	14,022 294,350 212,020 255,978 (10,725)	15,415 272,150 211,042 236,172 (21,903)
TOTAL	(12)	104,677	195,679	465,289	765,645	712,876

(13) DEBTORS

Income Tax Recoverable Prepayments and Accrued Income Legacy Payment in Advance Trade Debtors		4,774 2,382 - 14,566 2,446	- - - - -	- - - - -	4,774 2,382 - 14,566 2,446	5,037 3,313 50,000 - 3,876
TOTAL	(13)	24,168	-	-	24,168	62,226

(14) CREDITORS: AMOUNTS FALLING DUE within ONE YEAR

Deferred Income Accruals		- 10,724	- -	- -	10,724	- 21,903
TOTAL	(14)	10,724	-	-	10,724	21,903

(15) ANALYSIS of CASH and CASH EQUIVILENTS

Cash Bank Current Accounts Deposit (No Notice)		- 26,082 52,141	- - 153,587	- - -	- 26,082 205,728	1,143 43,345 127,458
	(15)	78,223	153,587	-	231,810	173,946

Registered Charity 1131188

Page 23

NOTES to the FINANCIAL ACCOUNTS For the Year Ended 31[st] December 2025

(16) STATEMENT of FUNDS	Note	Balances b/fwd – 01.01.2025	Income	Expenditure	Transfers/ Other Gains and Losses	Balances c/fwd – 31.12.2025
Endowed Funds		£	£	£	£	£
Organist Fund Hall Fund Vestment Fund Flower Fund Stoneham Garden Memorial Fund Mrs Moor’s Stipend Fund Assistant Priest Fund Church Hall Reigate Road		37,366 40,744 14,868 7,560 8,047 69,438 46 1 272,150	- - - - - - - - -	- - - - - - - - -	(1,494) (1,629) (594) (302) (322) (2,788) (2) - 22,200	35,872 39,115 14,274 7,258 7,725 66,650 44 1 294,350
Restricted Funds Church Fabric Fund Organist Fund Junior Choir Fund Vestment Fund Centenary and Future Fund Flower Fund Stoneham Memorial Garden Fund Assistant Priest Fund Youth Fund Youth Fund (CSD) Bell Ringing Fund Paschal Candle Display Case Vicars DiscretionaryFund		450,220 29,680 9,170 1,317 8,649 6,222 5,475 - - 37,156 34,353 2,203 1,537 1,982	- 879 1,322 39 989 318 668 123 1 654 69,526 65 - 58	- (17,952) - (157) - - - - (4068) - - (505) (20)	15,069 - (1,322) - - - (668) (123) (1) 8,109 - - - -	465,289 12,607 9,170 1,357 9,481 6,540 5,475 - - 41,851 103,879 2,267 1,032 2,020
Designated Funds Outside Charitable Giving Fund Hall Fund Hall Fabric Fund Reigate Road Fund Reigate Road Fabric Fund Legacy Fund Social Funds Church Fabric Funds Church Fabric – Sound System		137,744 7,307 629 4,824 213 113 55,127 811 51,003 4,906	74,642 1,815 28,290 143 19,740 3 1,632 - 1,372 -	(22,702) (3,281) (15,982) (7,236) - - (4,440) (872)	5,995 2,000 (12,937) - (12,716) - - - (17,788) -	195,679 7,840 - 4,966 1 116 56,760 811 30,148 4,033
General Fund		124,932 5	52,995 91,325	(31,811) (134,883)	(41,441) 43,555	104,675 2
TOTAL	(16)	712,876	218,962	(189,396)	23,178	765,645

Registered Charity 1131188

Page 24

NOTES to the FINANCIAL ACCOUNTS For the Year Ended 31[st] December 2025

(17) STATEMENT of FINANCIAL ACTIVITIES	Unrestricted Funds	Unrestricted Funds	Restricted Funds	Restricted Funds	Endowment Funds	Endowment Funds	TOTAL	TOTAL
	2025	2024	2025	2024	2025	2024	2025	2024
INCOME from DONATIONS and LEGACIES Donations and Legacies Charitable Activities Other Trading Activities Investments	£ 85,148 973 34,256 23943	£ 156,796 2,019 40,674 23,601	£ 67,697 - - 6,945	£ 48,928 - - 5,276	£ - - - -	£ - - - -	£ 152,845 973 34,256 30,888	£ 205,724 2,019 40,674 28,877
TOTAL INCOME EXPENDITURE on: Raising Funds Charitable Activities Other Trading Activities	144,320 7,905 151,903 6,886	223,090 32,554 177,333 11,648	74,642 - 22,72 -	54,204 - 14,132 -	- - - -	- - - -	218,962 7,905 174,605 6,886	277,294 32,554 191,465 11,648
TOTAL EXPENDITURE	166,694	221,535		14,132	-	-	189,396	235,667
NET INCOME or (EXPENDITURE) TRANSFERS between FUNDS OTHER RECOGNISED GAINS/(LOSSES) Realised Gain Unrealised Gains/(Losses) on Investments	(22,374) 2,114 - -	1,555 1,270 - -	51,940 (2,114) 8,109	40,072 (1,270) 7,071 (4,113)	- - - 15,069	- - - 3,690	29,566 - - 23,178	41,627 - 7,071 (423)
NET MOVEMENT in FUNDS	(20,260)	2,825	57,935	41,760	15,069	3,690	51,774	48,275

Registered Charity 1131188

Page 25

NOTES to the FINANCIAL ACCOUNTS For the Year Ended 31[st] December 2025

	Note	Unrestricted Funds	Restricted Funds	Endowment Funds	TOTAL FUNDS	TOTAL FUNDS
					2025	2024
(18) OTHER INCOME Sundry Income Centenary Fund Donations and Sales Artists Open House Festival Flowers		£ 4,165 - 4,454 -	£ - - - -	£ - - - -	£ 4,165 - 4,454 -	£ 7,689 - 2,962 -
TOTAL	(18)	8,619		-	8,619	10,651
(19) OTHER – CHARITABLE ACTIVITIES Vacancy Costs Artists Open House Festival Sundry Expenditure Professional Fees Centenary Fund Activities		5,096 3,980 4,919 -	- - 1,579 - -	- - - - -	5,096 3,980 6,498 -	3,198 2,634 4,833 2,760 -
TOTAL	(19)	13.995	1,579	-	15,574	13,425
(20) OTHER – TRADING COSTS Fees		652	-	-	652	888
TOTAL	(20)	652	-	-	652	888

Registered Charity 1131188

Page 26

NOTES to the FINANCIAL ACCOUNTS For the Year Ended 31[st] December 2025

10 YEAR HISTORY of SELECTED ITEMS of INCOME and EXPENDITURE

NUMBER of REGULAR DONORS

2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
62	56	53	52	51	50	53	52	44	41

GENERAL FUND – TOTAL INCOME and EXPENDITURE

	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
	£	£	£	£	£	£	£	£	£
Income	75,129	81,837	86,468	83,840	70,438	92,900	103,469	105,015	110,343	91,325
Expenditure	_(102,690) _	_(105,815) _	_(103,350) _	_(103,530) _	_(100,728) _	(105,3045)	_(112,176) _	_(118,973) _	_(150,622) _	(134,883)
Surplus/(Deficit)	(27,561)	(23,978)	(16,882)	(16,882)	(30,290)	(12,405)	(9,707)	(13,958)	(40,279)	(43,558)

GENERAL FUND – FUND RAISING ACTIVITIES

2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
£	£	£	£	£	£	£	£	£	£
8,085	10,155	7,774	11,940	2,052	2,052	8,254	5,725	4,183	3,113

GENERAL FUND - PAID to the DIOCESE – to cover DIOCESAN and NATIONAL CHURCH EXPENDITURE

2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
£	£	£	£	£	£	£	£	£	£
69,958	72,060	67,608	71,883	74,035	74,300	76,967	76,967	81,445	85,000

Registered Charity 1131188