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_