Charity Registratlon Number: 1131362
st Margaret's
CHURCH
Annual Report & Financial Statements
of the Parochial Church Council
of Angmering St. Margaret
for the year ended 31 December 2025
Incumbent:
Revd Canon Mark Standen
The Rectory
Rectory Lane
Angmering
BN16 4JU
Principal Address:
St. Margaret's Church
Arundel Road
Angmering
West Sussex
BN16 4JS
Independent Examiner:
Mrs Sarah Alexander
Lewis Brownlee {Chichester) Limited
Appledram Barns
Birdham Road
Chichester
West Sussex
P020 7EQ
Principal Bankers:
HSBC
16 Goring Road
Worthing
West Sussex
BN12 4AW

St Margaret's Church, Angmering
Year Ended 31 December 2025
Annual Report & Financial Statements
Charity Registration Number: 1131362
CONTENTS
PAGE
Annual Report
statement of Financial Actlvities
Balance Sheet
10
Statement of Cash Flows
11
Notes to the Financlal Statements:
Accounting Policies
12
Detailed SOFA
14
Notes to the Balance Sheet & Cash Flow
19
Independent Examiner's Report
23

St Margaret's Church, Angmering
Year Ended 31 December 2025
Annual Report
Charity Registratlon Number: 1131362
Introductlon
St Margaret's Church is srtuated in Angmering, West Sussex. It is part of the DI0￿Se
of Chi¢hesler within the Church of England.
The Parochial chU￿h Council of Angmering St Margaret ('PCC') is a charity that
registered with the Charity Commission during 2009. The registered charity number
is 1131362.
The Members of the PCC present their report and the financial statements of the
charity for the year ended 31 De￿rnber 2025. The members have adopted the
provisions of the Stalement of Recommended Practi￿ {SORP} "Accounting and
Reporting by Charilies" (FRS 102) in preparing the annual report and financial
statements of the charity.
The financial statements have been prepared in accordance with the accounting
policies set out in the notes to the financial slaternents and comply with the Charities
Act 2011, Accounling and Reporting by Charities.. Statement of Recommended
Praclice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021
{effective l January 2019) and the Church Accounting Regulalions 2016.
Aim and Purposes
The primary objective of St Margaret's Church, Angmering is the promotion of the
Gospel of our Lord Jèsus Christ according to the doctrines and practices of the
Church of England. The PCC has the responsibility of co-operating wilh the
incumbent, the Revd Canon Mark Standen, in promoting in the parish the whole
mission of the Church pastoral, evangelistic, social and ecumenical.
Our church strapline is 'Sharing God's love,.
PCC Membershlp
Members are either ex officio, elected at the Annual Parcchial Church Meeting
I'APCM,) or co-opled, all in accordance with the Church Representation Rules.
Incumbent: The Revd Canon Mark Standen (Chairman).
Assouate Vicar.. The Revd Benjamin Martin.
Curate.. The Revd Nathanael Gillett.
Lay Reader.. Mr John Roberts.
Churchwardens.. Mr John Heaton (unlil APCM 20251, Mrs Jackie Johnson, and Mr
Neil Giles (from APCM 20251.
Deputy & Assistant Wafflens.. Mrs Emily Dadson, Mr John Heaton (from APCM
2025), Mrs Margarel Hobden, Mts Ann Jones (until APCM 2025), Mr James Nicholl,
Mrs Esther O'Toole, Mrs Christine Peskett, Mr Stephen Rouse and Mr David
Ward. At their request, the Deputy & Assistant Wardens have not been co-opted onto
the PCC.
Representatives on the Deanery Synod.. Mr Benjamin Bennett, Mr Alan Butler, Mr
John Heaton (until APCM 20251, Mrs Nicola Hockham, Mr Slephen Rouse and (from
APCM 2025) Mr Neil Giles and Mr James Nicholl.
Elected members of the PCC.. Mr John Bawler, Mr Robert Chambers (until APCM
2025), Mrs Hannah Knox (until APCM 2025), Mrs Leanne Kyte (until APCM 2025),
Mrs Jude Mcmillan (until APCM 20251, Mrs Susan Pauley, Mr Stephen Rouse, Mr

st Margaret's Church, Angmerlng
Year Ended 31 December 2025
Annual Report (eontlnued)
Christopher Snell, Mr Joseph VIAsener and (from APCM 2025) Mr Duncan Mackrill,
Mrs Moira Maun, hArs Joanna Maxled, Mr Antony Munday, Mr Clive Osmond. Mrs
Alison Ward and Mr Jacob While.
Elected lay member of General Syn¢xl.' Mr Robert Chambers (from APCM 2025)
Co-opted members of the PCC.. Until APCM 2025 Mr David Boreham and Mr
Christopher Wilson.
Charity Registration Number: 1131362
Chain77an of the Finan￿ Group.. Mr Neil Giles.
Church Treasurer. Mr John Bawler.
Secretary to the PCC.. Mrs Susan Pauley.
The full PCC met nine limes during the year with an average level of attendance of
810/0. Committees met between meetings and minutes of their deliberations were
received by the full PCC and discussed whère necessary.
Committees
standing Committee.. This is the only committee required by law, and is made up of
the Rector. Churchwardens, Chur¢h Treasurer and PCC Secretary. It has power to
transact the business of the PCC between its meetings, subject to any directions
given by the Council.
Finance Group.. This exists to regulady review the finances of the Church and make
appropriate recommendations to the PCC.
Mission Group: This exists to educate and enlhuse the church family as to how we
Can betler support the spread of the gospel throughout the world. It maintains links
with our mission partners and makes recommendations to PCC on how we can
support them financially.
Church Attendanc8
At 31 December 2025 ther8 were 358 names on the Electoral Roll (a decrease of 37
from 2024, arising mainly from the 6 year reapplication process Ihat took place in
2025}. Of the total 47 Oh {2024.' 47 % ) live inside the Parish boundary and 530/0 (2024:
53Vo) outside.
The average number of adult worshippers in church on a normal Sunday in 2025 was
282 compared lo 231 in 2024. In addition to which many others were watching
online.
Flnancial revlew
Totsl income in the year decreased to £432,000 (2024.. £585,000) arising primarily
from decreases in grants of £75,000, legacies of £68.000 and planned giving,
donations and related Gift Aid of£8,000.
Total expenditure in the year increased to £451,00012024- £397,000) due primarily
to full year ¢osts of our Associate Vicar and Curate £27.000 and increases in parish
office salary and other support costs of £12,000. missionary and charitable giving of
£5,000, church running costs of £3,000, children and youth leader salary and other
costs £3,000 and Vestry Collage costs of £3,000.

St Margaret's Church, Angmerlng
Year Ended 31 December 2025
Annual Report (continued)
The net result for the year was a deficit of £19,000 (surplus in 2024.. £188,000).
In 2024 a further £19,000 was designated to cover the estimaled repair costs of
items identified in the 2024 Quinquennial Inspection of the church premises. It is
eslimated that £8,000 is no longer required and has been transferred back to the
general fund. But a further £3,000 has been designated to cover repair costs that
may arise following the 2029 Quinquennial Inspection.
The total funds carried fotward at 31 December 2025 amount to £537,000 (2024..
£556,000) made up of unrestricted general funds of £399,000 {2024.. £398,000},
unreslricted designated funds £60,000 (2024.. £65,000) and reslrided funds of
£78,000 (2024: £95,000).
Charlty Reglstration Number: 1131362
Risks
The PCC has reviewed and assessed the risks relating to ils aclivities and is satisfied
that it has taken all reasonable steps to limit or provide ¢over for any major risks.
Reserves pollcy
The PCC reserves policy is to maintain a balance of unrestricted funds which
equates to approxirnately 3 months general payments plus designaled amounts for
known future r8pair projects to church premises and equipment.
At 31 December 2025 this reserves policy equated to £163,000 {2024.' £161,000).
Free reseNes at the current year end are in excess of this amount by approximately
£280,000 {2024'. £294,000) excluding reserves held as fixed assets. The PCC
anticipate fully utilising these reseNes over the next five years to conlribute to
projected operating deficits of £210,000 and the remaining cost of renovating the
Vestry Cottage in 2026 of £70,000, which will be accounted for as a fixed asset.
Investment Pollcy
It is our policy to invest our fund balances in short and medium-term deposits with
banks and financial inslitulions to maximise income returns whilst minimising
investment risk.
All investments or deposits of church funds will only be made with regulated national
institutions who have published acceptable Environmental. Social and Governance
policies.
Public Boneflt
For many years the advancement of religion has automatically been accepted as
charitable. Under the Charities Act 2011 this continues to be charitable, bul the Act
contains an overarching requirement that there must be a public benefit.
The PCC has paid due regard lo the Charity Commission's guidance on publi
benefit and strongly believe that Ihe holding of services for the worship of God and
the Lord Jesus Christ, preaching and expounding the Word of God, Ihe Bible, holding
classes for the instruction of adults and children in the Word of God, and providing

st Margaret's Church, Angmering
Year Ended 31 December 2025
Annual Report (eontlnu¢d)
any other activity which will promote the Word of God and lead people to faith in the
Lord Jesus Christ as their Saviour is for public benefit.
We also believe thal our many and varied activities as a church provide practir21
support and care for people living in the parish, from the youngest to Ihe eldest. as
well as providing financial support to olher outreach organisations working in the UK
and missionaries overseas.
Chaiity Registratlon Number: 1131362
Review of the year
The Apostle Paul declared about God 'Oh, the depth of the riches of the wisdom and
knowledge of Godl How uns88rchable his judgments, and his paths b8yond tracing
out., {Romans 11v33)
st Margaret's can echo Paul's words as we consider God's wisdom and kindness to
us. For this year has been different from the previous 26 years in that our Rector has
had to take some 'time out, to deal with some personal health issues. But God knew
our needs even before we were aware of them and had so added to our staff team in
2024 that we were able to function, indeed, to flourish, without the Recto¢s help.
Indeed, there has been little evident slowing up of pace this year. The regular
services and events have happened, and the occasional events (like the Fun Day,
Holiday Club and Chrislmas ministry) have been bigger and better than in previous
years. For this, we thank God, but also the whole staff team, wardens team and the
large number of Church family members who have contributed in so many ways. Our
thanks go to all those who have gone the extra mile this year.
The year started strongly with Sunday services based on 2 very differenl parts of the
Bible
a Gospel in the mornings, and the Old Testament in the afternoons. We
ontinue to believe it is right to hold family-friendly services in both th8 mornings and
afternoons in order that people who are Often busy wilh work, sporting and family
commitments can have 2 options for Sunday worship.
In addition to our Homegroups, we ran Iwo courses in January, namely Ihe 'Life of
Jesus, course (to which 40 went) and the Marriage Course (9 couples). Wè believe
that Ihese very different courses were helpful to those who attended them, and
indeed we have become increasingly convinced of the value of such courses within
the life of our Church.
At the end of January, the Rector was involved in the selection of a new Head
Teacher for St Margaret's Church of England Primary School, upon the retirement of
Mike Jee after 8 very busy years. The school is a key partner for our Church, with
some 400 pupils and their families, so this was an important appointment for the
village. We were delighted that the school was able lo appoint Mr George Lumley to
this post, a committed Christian as well as a strong educationalist. He took up his
post in April and has made an ex￿lIent start as Head. We look forward to partnering
in the gospel with him for many years to come, God-willing.
In February, a women's event called 'The Vine, took place with the title 'Faithful and
Fruitful, and c80 attended. We are grateful to Ihe 'Women's Togethe¢ team for
planning and running this event, which we pray will resull in all who attended
becoming more faithful and fruitful.

St Margaret's Church, Angmerlng
Year Ended 31 December 2025
Annual Report (oontlnued)
We are also grateful to the Men's group that have run an imaginative programme of
breakfasts, snookèr evenings. 5-a-side football on Monday evenings, a camping
weekend and an evangelistic supper throughout the year. A lot of hard work has
gonè into this ministry, which seeks to help men explore and grow in faith, so thanks
are due to Nat Gillett and his committee.
On Shrove Tuesday, Chris Wilson held a 'Pancake Olympics. in the Church and
Church Hall for mainly pr¢mary school age children and their families. About 150-200
ame to the event. The aim of this was to conlinue to build links between Ihe children
from the local schools and encourage them to come to church both at special events
and on Sundays. A lot of energy wenl into this event, and we are grateful to Chris
ar)d his large team of volunteers.
We ran a Lent course in March and April based on a book called 'The Soul Winning
Church,. We were pleased Ihat up to 100 people altended this course leilher on an
evening or morning) and indications were that people were stimulated by the ¢ourse
to think more about how they can be soul winners. Two 'take aways, from the course
were a challenge to pray for 2 people (who don't yet know Christl for 2 minutes a
day, and to encourage people to come lo pray before the Sunday morning service for
it to be fruitful in helping people to come and know Jesus personally.
We ran another'church Weekend at Home. in late March - an opportunity for people
ffom across the Church family to get lo know one anolher better, and to think how we
can 'share God's love, more effectively. This year, the teaching was given by our
'Home Team, of clergy, and this had the advantage of us being able to apply things
very practically, but it rneant that we didn't have the freshness of a new voice. It was
a useful time and enjoyed by the 180 or so who came to it. We will plan another such
weekend every 18 months.
We ran a sermon series in Lent on Sunday afternoons called 'Underslanding the
Cross, and we think this was helpful since many people continue to struggle to see
why God's Son needed to die on a Cross for our salvation.
Holy Week included the normal patten of Sunday services and special additional
seNices on Good Friday. All of these went well, and we were particularly pleased by
the numbers on Easter Sunday morning {over 300 in Church). We added to Ihe
programme this year a Family Meal on Maundy Thursday, at which c100 people
(including children) came to. This was appreciated, but we will think of a better start
time and format for the event in 2026.
The Annual Parochial Church Meeting I'APCM'} proceeded smoothly in May. Thanks
are due to David Borehgm who collated the new Electoral Roll, a time-consuming bLrt
important role that must take place every 6 years. The atmosphere at the APCM was
calm, appreciative. positive and prayerful and some excellent people were elected to
the various places on the Council. An 'aclion point, for us in 2026 is how we can
make the meeting less passive and more inleractive.
June is the month when we have our Fun Day in the field at the centre of the village.
This happened again this year and il was bigger and better than before, with lots of
free activities for the children, a BBQ and an effective guest speaker
a former
'Gladiatorf from the TV series, who shared his teslimony with the crowd. We estimate
that about 1500 people were there at points over the 3 hours, and there was a
wonderful atmosphere throughout with people appreciating this annual 'Gift to the
Charity Registration Number: 1131362

St Margaret's Church, Angmerlng
Year Ended 31 December 2025
Annual Report (¢ontinu•dJ
Charlty Registratlon Number: 1131362
village,. Many thanks to Leanne Kyte who masterminded the event, and to the 80 or
so members of the Church family who served in a variety of different ways
throughout the day.
Al the Fun Day, we had a gazel)o designated to Alpha, so that people could see what
this course involves and sign up for it We positioned an Alpha course starting a few
weeks laler, since we felt in the past it was regrettable that there wasn't an Alpha
lype course coming up soon after the Fun Day. 15-20 guests came regularly lo thi5
course. We will continue to consider how we can properly include some elements
within the day that point directly to Jesus.
Anolh6r highlight in June was the ordination of our Curate. Nat Gillett as a priest. Nat
and his family have become much loved members of our Church family in their first
year with us, and Nat's gifting and personality have been appreciated, on Sundays,
but also in areas as diverse as men's ministry and pastoral coordination. A large
crowd from St Margaret's went to celebrate this special servi¢8 at Sl Petels Church,
Henfield, conducted by the Bishop of Horsham.
July included the b8Ptism of one of our adults, who gave a very moving testimony to
God's grace in her life and why she now fell ready to be baptised. It also included a
picnic in the Reclory garden hosted by the Women's Together ministry. The month
ended wilh another highlight, namely the Holiday Club which attracted its largest
number of children for many years, wilh ¢100 attending most momings, with many
coming back to the Sunday seNice and BBQ aftetwards. The Ghildren clearfy
enjoyed the whole week, and their parents appreciated this week, and we pray Ihat
many of the gospel seeds that were planted would bear fruit under God's mighty
hand. Thanks are due to Chris Wilson and his leam of about 40 volunteers, without
whom the whole venture would nol have been able to take place.
August was marked by 8 morning series in th8 liltle known, but beautiful story of Ruth
in the Bible, which many people found very moving and thought-provoking. It
reminded us of the value of studying the whole of the Bible, and it has been a delight
to study this year parts of the Bible as diverse as Luke 16-19, John 21, Acts 1 to 4
and Genesis 1-12 in the mornings, and 2 Kings, 1 Peter and Revelation 1-7 in the
afternoons.
Many people were away at points during August for holidays, and Christian events.
We were pleased that some of our members went to Keswick, others to New Wine,
some of our younger members went to the Youth holiday at Brymore in Somerset,
and a good number went to the Big Church Festival at Wiston House. We pray Ihat
each person who went on these events will have been enriched in their faith through
them.
September started with our clergy attending a Conferen￿ for all stipendiary clergy in
the Diocese of Chichester. This was a very useful time to get to know better our
fellow gospel ministers, and to learn from one another.
September was a very busy rnonlh in the parish, with a popular women's 'Cheese
and Chatterf evening, 8 24 hour 'get away, for men from Church in Coldwaltham, with
the theme 'Love, Hope and Strength,, and it was great to have 42 men of all ages
and stages of Christian maturity gathered together. Later in Ihe month we hosted a
party in the Rectory garden to welcome children from Re￿ptIOn year intake from St

St Margaret's Church. Angmering
Year Ended 31 December 2025
Annual Report (contlnu•d)
Charity Registration Number: 1131362
Margaret's School (and their families) and around 70 people came (a record in recenl
years). How we pray for good links with these families in the coming years.
We also hosled another special service to bring comfort 8nd hope to families that
have suffered a bereavement in the recent past, One of our Church members shared
his leslimony of grief lèading lo him seeking comfort from the Church, and this led to
a reflowering of his faith, and this testimony was really helpful. 11 led to some joining
our Bereavement group, and the Bereavement Joumey course in October. Many
thanks lo our excellent Bereavement team.
The pace of ministry continued in October, and we are grateful to our Associate
Vicar, Ben Martin, for leading the staff team this month as our Rector was
recuperating after a hospital procedure. The month included a celebration of Harvest,
both on a Sunday, and for the children from St Margaret's School who came down to
Church for this.
There was also another 'Parenting Togelherf session
an in6tiative of Ben Martin,
one intended to help parents support each other in the vital task of parenting their
young.
The monlh also included a breakfast for all the leaders of our Homegroups in Church,
led by Ihe new Homegroup coordinators, Tony and Nicola Mayes. We are indebted to
our leaders of small groups, for the way they teach, encourage, care and pray for the
230 or so adults in our Church who attend such groups. It was good to support Ihem
in what f2n be a rather lonely and demanding role at times. We aim to add more
groups in 2026 and are grateful to the Mayes for taking on this important rolè.
October finished on a lively note, with the Light Party, as a Chnstian alternative to
Halloween. It was great to see approximately 250-300 there, enjoying Ihe activities
and hearing about how Jesus is and brings light and lrfe, rather than darkness and
fear. Thanks are due to Ben Martin and the leam of volunteers who ran this event for
us.
November was another busy month, as we15 as a time of intense planning and
preparations for Christmas. We were pleased to see the large number of guests in
Church for our Family Service on Remembrance Day (including a minibus from one
of our new Care Homes in the village) and then a large intergeneralional Crowd of
many hundreds at the War Memorial. Vve are blessed to have g¢20d relations with our
Parish Council in staging such an important event.
We were glad to be able to put on an evening men's event at a new Café in our
village. We invited an evangelist called Martin Povey to give a brief, direct,
enlertaining after-supper talk on Jesus, and this was warmly received. It was good
that we managed lo pack oul the café (56 people) of whom al least one quarter were
not committed Christians. We pray that this event will have stimulated them to want
to know more about Jesus.
The month also included our Gift Sunday, at which we presented an updale on our
finances for 2025, and our financial needs for 2026.11 is good to be able to do this in
an upfront and transparent way, rejoicing in the way God has blessed us financially in
the past, but also being honest aboul the challenges ahead. including the need to
pay for our additional staff members and to refurbish the Vestry Cottage in 2026. We
were thrilled to see people responding generously over the following 2 months, Ihe

St Maryaret's Church, Angmering
Year Ended 31 December 2025
Annual Report Icontlnued)
Charity Reglstration Number: 1131362
impact of which is an additional income of £28,000 for 2025, and £25,000 for 2026.
This is a considerable increase from the previous year. and is a tremendous result
given the difficult economic conditions in the country. We praise God for this
additional giving, and for the continued sacrificial giving of so many members of our
Church family, realising that such giving shows an appreciation of God's gra￿. We
are grateful to the Finan￿ Group, and especially our Treasurer, John Bawler, and
Planned Giving Officer, Mandy Dukes, for all their hard work on our behalf.
Then we come lo December, a key month for oulreach in the life of any Chrislian
Church. This year, we did three things prior to our services that seem to have been
effective in promoting interest and attendan￿. First, we honed down the theme of all
services, namely the peace Christ offers. Secondly, we actively promoted a book
'The Missing Peace, for the Church family to read and give away to friends. Thirdly,
we had a weekly video produced on the peace that various Church members have
found and want to share with others. This third initiative took time to produ￿, and we
are very grateful to Joel Nicholl for crealing these videos.
The services were of a high qualily and drew in large crowds. In particular, the
numbers at Christingle were double the numbers from 2024, and the numbèrs at the
first Iraditional carol service were 50¥0 higher Ihan 2024 (though Ihe second one
slighlly lower). The combined numbers for the Nativily services were 424 (up from
300 in 20241. Numbers al Christmas Day were 236, again an increase from 2024.
The only service that was a bit lower was Ihe midnight communion (from 130 to 95).
So, 1722 people attended special Christmas Se￿IceS this year, for which we give
God great praise, but also pray that God would have opened peoples, hearts to the
message of peace with God through Jesus Christ.
Safeguarding continues to be an importanl part of our ministry whereby we seek to
raise the awareness and culture of safeguarding in the church Ihrough regular
training and reporting. W8 wish to thank David Boreham, our Parish Safeguarding
Offi￿r, for his encouragement and advice. He has helped around 140 people to be
trained, either through the online courses available or through several in-p8rson
training sessions that he has run, and through Ihe new Dashboard has helped us to
think about a wide range of activities. We trust thal we will continue to give
safeguarding its proper place and help all at St Margaret's to flourish.
And so. anolher busy year has closed, one in which we have seen many blessings
from God, and so we want to finish on a note of praise and trust, as Paul did in that
verse from Romans, saying about God 'For from him, and through him and for him
are all things. To him be the glory for ever and everl Amen, (Rornans 11 v36).
On behalf ofthe PCC
The Revd Canon Mark Standen
Rector and Chairman
23 March 2026

st Margaret's Church, Angmering
Year Ended 31 December 2025
Statement of Flnanclal Activities
Charity Registratlon Number:1131362
Unr•strlcted
General
Designated
Fund8
Funds
Restrlct¢d
Funds
TOTAL FUNDS
2025
2024
Note
In¢ome from..
Donations & Legacies
Charitable activities
Other trading activities
Inveslmenls
376,546
19.376
395,922
545.456
13.955
13.617
404,118
2.007
3.614
24,997
15,962
19,642
431,726
22,262
17,638
585,356
2,611
2,611
Total Income
Exp•ndlturn on:
Raising funds
Charitable aclivititss
Othèr trading activities
Total expendlture
9,309
389,090
7,987
406,386
1,253
39.756
1,203
42,212
10,562
430,765
9,190
450,517
8,254
383,857
5,371
397,482
1,919
1,919
Net lèxpenditurèlllncom•
(2,2681
692
117,21SI
188,7911
187,874
Transfvrs betwegn funds
12
5,000
15.0001
Net movem•nt In funds
2,732
14.308}
{17,2151
{18.791}
187,874
R8¢onclliation of fund8'.
Total fuftds brought fO￿ard
396 417
64.840
94,950
556,207
368,333
Total funds carrled forward
12
399,149
60,532
77,735
537,416
556,207
All incomè and expenditure ari$¢s from wnlinuing activities of Ihè PCC
The PCC ha$ no recognised gains or losses other Ihan the results for the year as set out above.
Th? notes on pagas 12 to 22 form part ol they? financial s181amenls.

St Margaret's Church, Angmerlng
As at 31 December 2026
Balance Sheet
Charity Registratlon Number:1131362
Unrestricted
General
Designated
Funds
Funds
Restrlcted
Funds
TOTAL FUNDS
2025
2024
Note
Flxed assets:
Tangible assets
Total flxed assèts
17,572
17,572
17,572
17.572
5.583
5,583
CuTrent assets:
Stocks
Debtors
Investments (short lerml
Cash al bank and in hand
Total current assets
209
16,337
341,566
37,001
395,113
209
18.237
477,911
37.115
533,472
216
20.050
490,703
58,070
569.039
10
430
60,102
1,470
76,243
114
77,827
60,532
Current liabilities:
Creditors.. Amounts falling dua
within one ye8r
Net current assets
11
13,536
381,577
92
77,735
13,628
519,844
18,415
550.624
60.632
Total assets less current Ilabllltigs
399,149
60,532
77.735
637,416
556,207
Total net as$et$
13
399,149
60,532
77,735
S37,416
556,207
The funds of the charlty:
General funds
Designated funds
Total unreslricled funds
Reslricled funds
399,149
399,149
60,532
459,681
77,735
537,416
396,417
64,840
461,257
94,9SO
556.207
60.532
60,532
399,149
77,735
77,735
Total charity funds
12
399,149
60.532
Approved by the PGC on 23 March 2026 and signed on its behalf by..
The Rgvd Mark Standen Ichalrmanl
John Bawlgr (Treasurer)
The notes on pages 12 10 22 form part of thèse financial slatem8nts.
10

St Margaret's Church, Angmering
Year Ended 31 December 2025
Statement of Cash Flow5
Charlty Reglstratlon Number:1131362
Unrostrlcted
Restrlcted
General 08slgnated Funds
Funds
Funds
TOTAL FUNDS
2025
2024
Note
Cash flows from operatlng actlvltles:
Nel cash (used inllprovided by
operating activities
17
116,6471
11,9191 (21,179) 139,7451 168,798
Cash transfors between funds
5,000
(5,000)
Cash flows ffom Investing activittes:
Inleresl received from investments
Purchase of tangible fixed assets
Ilncreaselldecrease in short term
investments excluding no notice
deposit
14,041
(14,4761
2,514
3,919
20,474
15,369
114,4761 14,8961
111,2831
4.405
9,788
2,910
16,9091
Net cash provlded byl(used in)
investlng activltles
111,718)
6.919
13,707
8,908
3.664
Change In ¢ash and cash equivalents
In the reporting period
(23,3651
(7,472) 130,8371 172.362
Cash and cash 8qulvalents at the
bgginnlng of the reportlng perlod
215,754
77,124 292,878
120,516
Cash and cash equlvalents at the
end of tho reportlng perlod
192,389
69,652 262,041
292,878
Analysi5 of cash and cash equlvalents:
Cash al bank and in hand
No notice doposit included in short term
investments
37,001
114
37,115
58.070
155,388
69,538 224,926
234,808
192,389
69,652 262,041
292,878

St Margaret's Church, Angmerlng
Year Ended 31 December 2025
Notes to the Financial Statements
Charity Registration Number:1131362
1. Accountirg policies
(a) Accountlng convention
The financial statements of the charity have been prepared accordance with Accounting and
Reporting by Chariti8s.' Statement of Recommended Practice applicable lo charities preparing their
accounts in accordance with the Financial Raporling Standard applicable in Ihg UK and Republic of
Ireland {FRS 1021, Financial Reporting Slandard 102'Th8 Financial Reportlng Standard applicable in
the UK and Republic of Ireland,, the Charities Act 2011 and the Church Accounting Regulations 2016.
The financial slalem6nls have been prepared under the historical cost convention as modified by the
inclusion of investments at market value. The financial stalemenls include all transactions, assets and
liabilities for which th8 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 infomal gatherings of chur¢h members.
The financial statements are prepared in 51erling, which is the functional currency of the charity.
Monetary amounts in these financial statements ar8 rounded to the nearest pound.
Ibl Funds aGcounting
Funds held by the PCC ar8..
Unreslricled funds- general funds which esn be used for PCC ordinary purposes.
Dewgnated funcls - monies sel aside by the PCC out of unrestricted funds for specific futur8 purposes or
projects.
Restricted funds - lal income from trusts or endowments which may be expended only on those
restricted objects provided in the terms of the trust or bequest., { bl donations or grants reeeived for a
specific object or invited by the PCC for a specific object. The funds may only be expended on Ihg
specific object for which they were given. Any balance remaining unspent al the end of th8 year is
carried forward a5 a balance on that fund.
(cl Income
All incom8 is accounted for wilhoul deduction of any costs of rec8ivabilily, is recognised when Ihere is
evidence of entitlement, receipt is probable. and the amount can be measured reliably.
Donatlons and legacles
Collections are recognised when receivod.
Planned giving recgivable is recognised when there 1$ evidence of enlillemenl, recaipt is probable, and
the amount accords with the Gift Aid declaration or other record of intention lo donate.
Gift recoverable is recognised when the income to which it is attached is recognised.
Grants and legacies are recogni5ed when the formal offer in writing of the lunding is received.
Income from Inveslments
Dividends are accounted for when due and payable. Inlerest enlillements arg accounted for as they
Éccrue.
All otherin¢ome
All olhar income is rècognised when it is receivable.
Gains and losses on Investments
Realised gains are recognised when the investments are sold.
Unrealised gains and losses are 8CCOUnted for on revaluation at 31 December.
12

st Maryaret's Church, Angmerlng
Year Ended 31 December 2025
Notes to the Financlal Statements (¢onllnu8d)
Charlty Registration Number:1131362
ldl Expgnditure
Expenditure is accounted for on an accluals basis and accounted for gross.
Grants
Grants and donations are ac¢ounled for when paid over, or whon awarded wh8re the award creates a
binding obligation on the PCC.
Church actlvltles
The Diocesan parish contribution is èccountod for on an annual basis, reflecting the commitment made
to our Deanery. Any parish contribution unpaid al 31 Decgmber is provided for in Ihase financial
slatemonls as an operational Ilhough not a legall liability and is shown as a creditor in the balance
$heel.
lel Flxed Assets
Tangible flxed as50ts
CoF)secrated and beneficed property of any kind is excluded from the financial statements by s.1012)lal
of the Charities Act 2011
Moveable church furnishing held by tho Vicar and Churchwardens on special trust for the PCC and
which require a faculty for disposal, are regarded as inalienable property. Therefore such assets are not
included in th8 financial slalemenls.
All expenditure on individual fixed asset item8 costing under £1,000 are wrillen off in the year they were
incuffed.
Depreclatlon
Vestry hall & cottage
Depreciation is provided at the rale of 4% per 8nnum on cost.
Other fixtures, flttlngs & equlpmgnt
Functional equipment that is used on a continuing basis for thg work of the PCC is depreciated 8t th8
rate of 25% per annum on cost.
Investments
Investments are staled al market value at the balance sheet dale.
If) Current Assets
Stocks are valued al the lower of Cost and net realisablè value, after making due allowance for obsolete
and slow moving items.
Amounts owing to the PCC al 31 December in respetst of grants, fees. rents or other income are shown
a debtors less provision for amounts thal may prove uncolleclible.
Short-lerm investments include cash held on deposit with banks and financial institLrtions.
(g) Flnanclal Instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial
inslrumenls. Basic financial instruments are recognised al amortised cost using the efleclive interest
method unless the effect of discounting would be immaterial, In which case they are stated at Gosl. The
charity has no advanced financial instruments.
{hl Pensions
The charity operates a defined benefit pension scheme. Cotributions payable lo the charity's pension
scheme are charged lo the Slalemenl of Financial Activities in the period lo which Ihay ralale.
13

St Margaret's Church, Angmerlng
Year Ended 31 December 2025
Notes to the Flnanclal Statements {¢0nllnued)
Charity Registratlon Number:1131362
Unrestricted
Restrl¢ted
General Deslgnated Funds
Funds
Funds
TOTAL FUNDS
2025
2024
Analysls of income on:
2 Donations and l¢gacles
Planned givlng
General
Mission partners
Churchyard
Penny Giles Memorial Trust
Rector's Discretionary Fund for Youth
Youth
245,441
245,441
1,100
1,100
60
60
304
304
100
100
2,415
2,415
3,979 249,420
240,389
60
120
2.400
242.969
245,441
Collectlons at all SO￿1¢8$
Cash & card - General
C8sh & Card - Mission partners
Card - Penny Giles M8morial Trust
Cash & card - Rector's Discretionary Fund
for Youth
7,261
7,261
4,125
99
6,173
3,363
4,125
99
418
418
265
7,261
4.642
11.903
9.801
other donation & appeals
General
Mission partngrs
Churchyard
Penny Giles Memorial Trust
Financial & Other Support Fund
Rectorfs Discretionary Fund for Youth
Youth
28,954
28,954
5,529
1,514
654
100
300
115
37,894
4,689
2,260
2,577
4,506
150
5,529
1,514
654
100
300
50
65
29,019
,147
37,166
62,076
Gift Ald recoverable
General
Mission partners
Churchyard
Penny Giles Memorial Trust
Rector's Discrolionary Fund for Youth
Youth
57,660
57,660
1.312
235
125
134
59,145
981
260
1,312
235
125
134
67
57,660
1,810
59,470
60.951
Fund ralslng events
Men's & Wom8n'8 8venls
Church Weekend at Home
Holiday Club
Cameo
Sunday Roast
5,038
1,839
5,038
1.839
548
577
3,109
11,111
4,965
548
630
573
3,286
9.454
577
3,109
10,563
548
14

st Maryaret's Church, Angmerlng
Year Ended 31 December 2026
Notes to the Flnancial Statements (¢ondmwrl)
Charity Registratlon Number:1131362
Unrestricted
General Designated
Funds
Fund5
Restricted
Funds
TOTAL FUNDS
2025
2024
Grants
Chancel Trust
Angmering Parish Council - Fun Day
Late church memberfs Residuary Estate
Trust for Reclorfs Discrelionary Fund
11
10
250
250
250
74,951
75,211
11
250
261
Legacies
General
26,591
26,591
26,591
26,591
94,994
94,994
Total donations and legacles
376.546
19,376
395.922
545,456
3 Other tradlng actlvltles
Bookstall
Catering
Church Hall lellings
Fees - Weddings & funerals, elc
Parish off ice income
Rent on Vgstry Collage
2,878
2,878
2,953
4,581
5,518
32
2,223
2,582
6,914
7,600
63
2.880
22.262
2,007
4,581
5,518
32
13.955
2,007
15,962
4 Investments
Deposit interest receivable
13,617
2,611
3.614
19,842
17.638
Total Income
404,118
2.611
24,997 431.726
585,356
Analysis of expendlture on:
5 Ralslng funds
Men's & Women's events
Chureh Weekend at Home
Holiday Club
Cameo
Sunday Roast
4,078
1,336
4,078
1,336
1,2S3
559
3,336
10,562
3,339
1,253
1.237
447
3,231
8,254
559
3,336
9,309
1,253
15

St Margareys Church. Angmering
Year Ended 31 December 2025
Notes to the Financlal Statements (conlnued)
Charlty Reglstration Number:1131362
Unrestricted
Restricted
General Designated Funds
Funds
Funds
TOTAL FUNDS
2025
2024
6 Charitable actlvltles
Mlsslonary & Gharitable giving
Mission parlnefs - annual support
Mission partners - monthly giving
William 01ders for Sl Margaret's School
Olher charitable giving
26,320
26.320
11.981
7,368
8,033
53,702
25,550
10,861
7,152
5,030
48,593
11,981
7,368
8,033
20,014
33,688
Ministry- DIocBsan Parlsh Contrfbutlon
159.235
159.235
136.979
Ministry - Other clergy costs
Rector's expenses
Rectory costs
Associate Vicar expgnsgs
Associate Vicar accommodation
Cural8's expenses
Cur8le's accommodation
1,955
5,457
1,349
4,640
974
3,702
18,077
1,955
5,457
1,349
4,640
974
3,702
18,077
2,242
5,371
786
2,867
227
1,963
13,456
Church running expensos
Electricity, gas and water
Insurance
Other running costs
8,390
2,950
10,154
21,494
8,390
2,950
16,160
27,500
7,986
2,859
13,687
24,532
6,006
6,006
Parlsh offlce costs
Administrative salary costs
Other office co$ls
69,010
16,876
85.886
69,010
15,876
85,886
58,741
14,840
73,581
Church malntenance & repalrs
Church health & safely
Church - major repairs & renewals
1,916
5,619
7,535
4,122
3,848
7.970
6,038
11,386
17.424
7,303
12,523
19,826
1,919
1,919
Upkeep of Se￿Ice8
Service running costs
1.088
1,088
1,088
1,088
1,622
1,622
Upkeep of Churchyard
Churchyard - grass culling
2,799
1,809
4,608
6,628
16

St Maryarefs Church, Angmering
Year Ended 31 December 2025
Notes to the Financial Statements (conllmied)
Charity Registration Number:1131362
Unrestrlc*ed
Restricted
General Deslgnated Funds
Funds
Funds
TOTAL FUNDS
2025
2024
Youthlchildren's work costs
Youth leadgr oxpenses
Youlh18ader salary costs
Youth leader accommodation
Sunday children's activities
Youth camp costs
Youth exp8ns8rs
1,763
27.287
10.904
570
1,763
29,756
10,904
1,177
492
2,212
46,304
640
24,871
15.250
854
450
977
2,469
607
492
389
1,823
42,347
3.957
43.042
Church halls running costs
Church hall clèaninglother
Church hall electricity, ga5 and water
Vestry h811 window cleaning
Vestry hall ele¢trioty
Insurance
3,778
3,885
130
1,419
1,443
10,655
3,778
3,885
130
1,419
1,443
10,655
3,198
3,977
120
1,557
2,007
10,859
Bank ¢harges
99
99
157
Depreclatlon
2,487
2,487
1,262
Govemance Costs
Independent examination fee
3,700
3,700
3,420
Total ¢haritable actlvlties
389,090
1,919
39.756 430,766
383,857
7 Other trading activities
Bookstall
Catering
Vestry Collage co$18
2,442
1,224
4,321
7,987
2,442
2,427
4,321
9.190
2,211
1,986
1,174
5,371
1,203
1,203
Total expendlture
406,386
1,919
42.212 450,517
397,482
17

St Margaret's Church, Angmerlng
Year Ended 31 December 2025
Notes to the Financial Statements (conllnuedj
Charlty Reglstration Number:1131362
Unrestrlctèd
Restrlcted
General Designated Funds
Funds
Funds
TOTAL FUNDS
2025
2024
8 Staff costs
lal Remuneratlon
Salaries and wages
Social security costs
Pension & life assurance costs {se9 Note 161
Other employee benefits - accommodation
and telephone allowance
94,034
1,424
4,187
2,469
.503
1,424
4,187
82,637
358
3,541
11,144
110.789
11,144
113,258
15.490
102,026
2,469
No employee received emoluments of more than £60.000.
Particulars of employees:
Th8 average number of staff employed by the PCC during the financial year amounted to..
2025
2024
Full and part time staff
Equivalent full lime staff
During the year the PCC employed three adminislfalive staff, all of whom ar@ parl limo. There is also one part
tim8 cleaner in the church halls and one full time Leader of Ministry lo Under 18's & Families.
Ibl Payments were made to membors of the PCC
The members of the PCC during the year include The Revd Canon M8rk Siand8n {Redorl, The Revd
Benjamin Martin (Associate Vicar} and The Revd Nalhanael Gillell (Curalel.
Their stipends, soci81 security costs, pension contributions and housing c051s were paid by the Diocese and
ar8 included within the Parish Contribution to the Diocese.
Three members of staff were also members of the PCC up lo the APCM on 11 M8y 2025. In that period Ihgy
received salaries and pension and lifo assurance contributions as follows..
Mr David Boreham as parl tim8 Church Administr8lor received 8 salary of £9.447 and pension and life
assurance contributions of £425.
Mrs Leanne Kyle as part lime Church Administrator received a salary of £9,027 and pension and life
assurance contributions of £406.
Mr Chris Wilson as Leader of Ministry lo Undgr 18's & Families received a salary of £9,021, pension and life
assurance ¢onlribulions of £406, accommodation costing £5,679 and 8 telephone allowanoe of £87.
Expenses wer8 reimbursed. or paid directly lo third parties, for 13 members of the PCC amounling in total to
£30.940 In respect of accommodation costs £19,622, office expenses £1,929, hospilalily £604, travel £776,
church activities £5,918, youth activities £632, clergy conferoncg £￿0 and other clergy costs £559.
18

St Margaret's Church, Angmerlng
Year ended 31 December 2025
Notes to the Financial Statements (tonllnu8d)
Charlty Registration Number:1131362
9 Flxod Assets
a) Tangible fixed 8ssets
Freehold land Church
and buildlngs equlpment
TOTAL
Cost
Al 1 January 2025
Additions in the y8ar
Disposals in the year
AI 31 D8c8mber 2025
47,000
10,272
15,567
4,204
62,567
14.478
57.272
19.771
77,043
Depreciation
At 1 January 2025
Provided in the year
Disposals in the year
Al 31 December 2025
47,000
9,984
2,487
56.984
2,487
47,000
12,471
59,471
Net book amounts
At 31 Docembgr 2025
10,272
7,300
17,S72
At 31 Dec&mber 2024
5,583
5,583
The freehold land and buildings are the Vestry Hall and Vesty Cottage. The additions in the year of £10,272
are work in progress on the renovation of the Vestry Collage.
Unrestricted
General Designated
Funds
Funds
Restrfcted
Funds
TOTAL FUNDS
2025
2024
10 Dgbtors
Tax recoverable
Prepaymanls
Accrued income
Other debtors
6,307
6.475
3,076
479
199
516
755
6,506
6,991
4,261
479
6.425
4,910
4,893
1,822
18,237 20,050
430
16.337
430
1.470
11 Credltors: amounts falllng due wlthln one year
Trade creditors
3,659
Accruals
8,011
Taxation and social security
1,866
13.536
3,659
4,020
8.103
12,949
1,866
1,446
13,628 18,415
92
19

St Margarevs Church, Angmerlng
Year ended 31 December 2025
Notes to the Flnancial Statements (¢onllmi8f4
Charlty Registration Number:1131362
12 Fund movement
Unrestricted funds
General Dosignated TOTAL
FUNDS
Balance al 1 January 2025
Income
Expenditure
Transfer between funds
Balance at 31 December 2025
396,417
404,118
1406,386)
5,000
399,149
64,840 461,267
2,611 406,729
11,9191 1408,3051
5,000
60,532 459,681
Designatsd funds
Balance
Income
Expenditure Transfers
Balance
31.12.25
1.1.25
Quinquennial Inspection
Church Lighting
TOTAL FUNDS
34,970
29,870
64,840
1,408
1,203
2,611
11,9191
15,0001 29,459
31,073
15,0001 60.632
1,919)
Purpose of deslgnated funds
Every five years the consecrated and beneficed church property is inspected by the diocese and any necessary
maintenan¢e work identified. An inspection was carried out in 2024 and the cost of Ihg work that needs lo ba
carried out in the next five years was estimated to amount lo £34,970. In 2025 some work has been carried out
and quolalions obtained resulting in a release of £8.000 of this fund. At 31 December 2025 no further
commitments have been entered into. £3,000 has been provided for any costs arising from the 2029 inspection.
The PCC has authorised in principle th8 replacement of th8 lighting in thfj Church and in 2015 il designated
£25,000 towards the cost of this WOTk which has bgen placed on deposit. The work required is currently being
scoped and quotations obtained. At 31 De¢ember 2025 no commitments hav8 be8n 8nlered into.
Transfers between funds
An amount of £8,000 has been released to12024.' £19,323 designated from) the general fund relating lo the likely
costs arising from the 2024 Quinquennial Inspection. A further £3.000 has been desiqnalgd from the g8n8ral fund
towards the likely costs arising from the 2029 Quinquennial Inspection.
Restlcted funds
Balance
1.1.25
Income
Expenditure Balance
31.12.25
Mission Partners
Churchyard
All Youth Activities
Church Fabric
Penny Giles Memorial Trust
Financial or Other Support Fund (formerly the
Reclorfs Discretionary Fund)
TOTAL FUNDS
228
12,065
1,809
3,525
258
1,223
{11.9801
(1.8091
(3,9571
17,9701
{2,817}
313
3,099
10,977
2,582
2.667
3,265
988
78,064
6.117
,997
113,679}
142,2
2)
70,502
77.73
Purpose of restricted funds
Mission Partners Fund - The reslricled mission partners fund was created lo account for donations receiv8d for
our mission part8rs as a result of our monthly Mission of the Month app8als or other one-off gifts.
20

st Margaret's Church, Angmering
Year ended 31 Decèrnbgr 2025
Not8s to the Financial Statements (conllmled)
Charity Reglstratlon Number:1131362
Maintenance of Churchyard Fund - The restricted churchyard fund was created lo help with the maintenance of
the churchyard, graves and grave stones. Annually a leller is sent to those families with relatives buried in the
churchyard requesting donations towards the maintenance of their graves.
All Youth Aclivilies Fund - The restricted all youth activities fund was created by donations from within the church
family, legacies and grants for the Christian education and benefit of the youth within th8 parish. Up lo 2025 it
includes the balance of a legacy for childrsn's activities on a Sunday, now fully ulilis&d, and, from 2023, the
Rector's Discretionary Fund for Youth.
Church Fabric Fund - This fund was established in 2023 as a result of receiving a legacy, the use of which was
reslricled lo the fabric of Sl Margar81's Church in Angmgring.
Reverend Penny Giles Memorial Trust Fund - This fund was established lo continue and to dovelop Penny Giles,
vision for Christian Mission and her love for people in our community, both in the church family and of Angmering
more widely.
Financial or Other Support Fund (formerly the Rector's Discretionary Fund} - This fund was eslablished in 2024
as a result of receiving a grant of £74,951 for the Rector's Discretionary Fund from a Trust Fund containing the
residuary 8slat8 of a late church m8mber. In previous years the Reclovs Discretionary Fund wa5 hgld by Ihg
Rector and not Included in these accounts. In 2024 the unspent balance still held by the Reclor1£3,3761 was
transferred lo the PCC and included in donalions.The name of the fund has now been changed lo reflect the
purpose and practice of the fund. This is lo provide financial or other support lo the disabled son of tha late
hurch member, to those connected with St Margaret's Church in Angmering and for Gospel projocls in
Anomering and the local area such as FunDay. Marriag8 & Alpha Courses, Holiday Club, Light Party and Family
Support Work After School Club.
13 Analys1$ of net assets by fund
Unrestrlcted
General Designated
Funds
Funds
Restrlcted
Funds
TOTAL FUNDS
2025
2024
Total
Funds
Fixed assets for church use
Current assets
Current liabilities
17,572
395,113
113,5361
399,149
17,572
17.572
5,583
77,827 569,039
13,628
18,4151
537,416 556.207
60,532
77,827
92
13,536
459,681
60,532
77,735
14 Going Ctsncem
Th8 PCC have projgc18d expected incom8 and expenses for the period lo December 2030. Over this period,
based on current levels of charitable income, the PCC expects required 8xp8nses will b8 fully funded on an
annual basis or from available reserves.
16 Conn9Cted CharltSos
The William Older School Charity is connected lo the PCC as the Church Wardens and Ihe Reverend Canon
Mark Sland8n are Iruslees. During the year £7.36812024.' £7,152} was donated lo this charily for Sl Margaret's
Church of England Primary School.
16 Pension Scheme
The PCC participates in the Pension Builder Schem& section of the Church Workers Pension Fund for lay staff.
The Scheme is administered by the Church of England Pensions Board, which holds the assets of the scheme
separately from Ihose of the PCC and the olh8r participating gmployers.
21

St Maryaret's Church, Angmering
Year ended 31 DeGember 2025
Notes to the Flnanclal Stataments (conlh7uod)
Charlty Reglstratlon Number:1131362
The Pension Builder Scheme is made up of two sections, Pension Builder Classic and Pension Builder 2014. both
of which ar8 classed as defined benefit schemes. The PCC participates in the Pension Builder 2014 section.
Pension Builder 2014 is a cash balance scheme that provides a lump sum that members use lo provide benefits
al reliremenl. Pension contributions are record9d in an account for each member. DiscrelionaTy bonuses may be
added before retirement, depending on investment returns and other factors. The account, plus any bonuses
declared, is payable, unreduced. from age 65.
There is no sub-division of assets between employers in each section of the Pension Builder Sthgmo.
The Scheme is consid8red to be a mulli-employer scheme as described in Section 28 of FRS 102. This IS
because it is not possible lo allribule the Pension Builder Scheme's assets and liabilities lo specific employers
and means that contributions arg accounted for as if the Sch8me wer8 a defined contribution scheme. The
pension costs charged lo the SOFA in the year are the contributions payable of £4,18712024.. £3,541 }.
A valuation of the Pension Builder Scheme is carried out onco every three years. The most recent was carried out
8131 December 2022. The nexi valuation is due at 31 December 2025. For the Pension Builder 2014 section, the
valuation al 31 December 2022 revealed a surplus of £8.5m on the ongoing assumptions used. There 18 no
requirgmenl for d8fioil payments al the current lime.
The legal slruclur8 of the Scheme is such that if another employer fails, the PCC could become responsible for
paying 8 share of that employees pension liabilities.
17 Reconclllatlon of net {expendlturelllncome to net cash flow from operatlng actlvities
Unrestricted
General Designated
Funds
Funds
Restricted
Funds
TOTAL FUNDS
2026
2024
Nel {8XPgndilure)lincome for the ygar
Adjustments for..
Depreciation charg8S
Inlere$t receivable from investments
IDecrgasellincrease in accrued interest
Decreasellincreasel in stocks
Decreasellincreasel in debtors
(Decrèasellincrease in creditors
12.2681
692
117,2151
118,791 } 187,874
2,487
{13,6171
14241
2.487
1,262
119,8421 117,6381
16321
2,269
146)
16,147)
1.224
(2,611)
97
13,6141
13051
1,*9
14,801 }
197)
1591
14
1,813
14,7871
Net cash lus•d Inllprovlded by
operating activities
16,647
1,919
21,179
39,745
168,798
22

Report of the Independent Examlner to the
Parochlal Church Council (PCCI of
St Margaret's Church. Angmering
Charity Registration Number. 1131362
Independent examlner's report to the trustees of The Parochlal Church Councll IPCC) of St
Marga￿t'S Church Angmering
I report to the charity trustees on my examination of the accounts of the Parochial Church Council
(PCCI of St Margaret's Church Angmering for the year ended 31st De￿mber 2025.
Responslbllltles and basls of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in
accordance with the requirements of th8 Charities Act 2011 ('the Act,).
I report in respect of my examination of the Trusl's 8ccounts carried out under section 145 of the Act
and in carrying out my examination I have followed all applicable Directions given by the Charity
Commission under section 145(5){b) of the Act.
Independent examinevs statement
Since your charity's gross income exceeded £250,000 your examiner musl be a member of a listed
body. I can confirm that l am qualified to undertake the examination because l am a registered
member of the Association of Chartered Certified Accountants, which is one of the listed bodies.
I have completed my examination. I confinn that no m8terial matters have come to my attention in
connection with the examination giving me cause to believe that in any material respect-
accounting records were nol kept in respect of the Trust as required by section 130 of the Act,.
or
the accounts do not accord with those records; or
the accounts do 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
requirement that the accounts give a true and fair view which is not a matter considered as
part of an independent examination.
I confirm that there are no other matters to which your attention should be drawn to enable a proper
understanding of the accounts lo be reached.
Sarah Alexander FCCA FCA
Lewis Brownlee (Chichester) Limited
Appledram Bams
Birdham Road
Chichester
West Sussex
P020 7EQ
Date..
23