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2025-12-31-accounts

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF FOLKESTONE HOLY TRINITY WITH CHRIST CHURCH

ANNUAL REPORT AND FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2025

Registered Charity No. 1131472

PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY WITH CHRIST CHURCH FOLKESTONE

ADMINISTRATIVE INFORMATION

Incumbent Position vacant from 31 December 2025
Charity Number 1131472
Governing Document Parochial Church Council Powers Measure (1956) as amended and
Church Representation Rules.
Bankers Royal Bank of Scotland
Drummond House
Redheughs Avenue
Edinburgh
EH12 9RH
HSBC
41 Sandgate Road
Folkestone
Kent
CT20 1SA
Independent Examiner S Jennings FCA
Azets Audit Services
Chartered Accountants
Ashford Commercial Quarter
1 Dover Place
Ashford, Kent
TN23 1FB

PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY WITH CHRIST CHURCH FOLKESTONE

CONTENTS

Page
Trustees' Report 1 - 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Comparable Statement of Financial Activities 6
Balance Sheet 7
Notes to the Financial Statements 8 - 12

PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY WITH CHRIST CHURCH FOLKESTONE

TRUSTEES' REPORT

T he Trustees present their annual report and financial statements for the year ended 31 December 2025. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) ‘Accounting and Reporting by Charities’ (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 notes to the accounts and comply with the charity’s governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019.

Aims and Purposes

Holy Trinity PCC has the responsibility of co-operating with the Incumbent, in promoting in the ecclesiastical parish, within the Trinity Benefice, the whole mission of the Church, pastoral, evangelistic, social and ecumenical. It also has maintenance responsibilities for the church building of Holy Trinity Church, Sandgate Road, Folkestone, and the church hall at the same address. This section reflects the work of The Trinity Benefice, of which Holy Trinity Church is a part and should be read with that in mind.

Objectives and Activities

The PCC is committed to drawing as many people as possible into worship at our church and to working together with individuals and organisations in the community for the common good and furtherance of our common goals and values. The PCC maintains an overview of worship, outreach, ministry and mission. When planning activities for the year, consideration is given to the Charity Commission’s guidance on public benefit and, in particular, the specific guidance to charities for the advancement of religion. In particular, we try to enable people to live out their faith as part of our parish through: Worship and prayer; learning about the Gospel; developing their knowledge and trust in Jesus, provision of pastoral care for people living in the parish, Missionary and outreach work.

Public benefit statement

The trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the Trust’s aims and objectives and in planning future activities.

Worship Prayer and Mission

The PCC is keen to offer a range of services during the week and over the course of the year that our community find both beneficial and spiritually fulfilling. Each Sunday a service of Holy Communion is celebrated at 8am, whilst at 10.30am there is a service of Holy Communion (sometimes followed by healing ministry). Evensong is sung every Sunday evening at 6.30pm.

There is a regular weekday communion service on Friday at 11.30am. Morning Prayer is said in the church at 9.00am on Monday, Wednesday, and Friday.

All are welcome to attend our regular services. As well as our regular services, we enable our community to celebrate and thank God at the milestones of the journey through life, including Baptism, Marriage and Funeral services. During 2025 there were 13 Baptisms, 3 Weddings, 5 Funerals (none at crematorium) and 2 Interments.

Review of the year

Our Holy Trinity Church is served well by a committed group of people who do much to support this church.

Services The overall attendance at the main Sunday service is showing signs of growth. We continue to conduct baptisms on the first Sunday in the month. We have a thriving 8am Sunday service, one of the biggest in the diocese. Attendance at our Christingle Service on Christmas Eve, and the Midnight Mass was most encouraging. (Well in excess of 100 in both instances).

Community We are a beacon church in relation to community matters. We offer Monday Music a popular and inclusive community singing session. We also host the Christmas Carol Service for the Active Retirement Group. We continue to host the uniform groups in our hall, and it is a joy to see them at our parade services. We are fortunate to have committed people involved in our Mission and Links and entertainment groups. Thanks to these good people we have held successful summer and Christmas fayres. We enjoy a reputation for hosting regular quality musical concerts, which are well attended.

As well as the concerts, we have a truly outstanding robed choir. Those who attend or visit our church comment most favourably. We owe a great debt of gratitude to all those involved. Our reason for being is to worship God, give thanks to our Lord and Saviour Jesus Christ in the power of the Holy Spirit and this is greatly enhanced by our choir.

-1-

PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY WITH CHRIST CHURCH FOLKESTONE TRUSTEES' REPORT

Financial Review 2025 Income for the year amounted to £128,788 (2024: £168,604). Expenditure for the year amounted to £135,727 (2024: £126,922). This resulted in a deficit of (£6,939) (2024 surplus £41,682).

Restricted funds at 31 December 2025 amounted to £46,007 (2024 £32,530) relating to legacies and donations for specific purposes. Designated funds at 31 December 2025 amounted to £223,253 (2024: £218,646) and relate to funds set aside for future expenditure. Unrestricted funds at 31 December 2025 amounted to £8,236 (2024 £33,259). Excluding the extraordinary one-off donation of £50,000 in 2024, general income has improved slightly, albeit that Planned Giving has reduced and it has been necessary to use £15,750 of our reserves to cover general running costs. The position has not been helped by the absence of our incumbent over the past year. Efforts are now being made to encourage more giving income, both from existing members and by expansion of our congregation, also donations against specific expenditure. Taking into account the level of our reserves, the trustees continue to be of the opinion that our substantial reserves are more than sufficient to finance any income shortfall in the current year and in the medium term and for the charity to continue as a going concern. Please see Note 1.7 to these financial statements.

Pay policy for key management personnel. The Trustees consider the Board of Trustees as the key management personnel of the charity in charge of directing and controlling, running and operating the PCC on a day to day basis.

Plans for the future. Included for 2026 is the regilding and reinstallation of the weathervane and repairs to the pulley sysem in the tower at a total cost in the region of £75,000 of which appromately £42,000 will be covered by grants received and receivable and the remainder will be financed from our Roof and Quinquennial Funds. We have recently installed parking control bollards at a cost of £2,478, paid from specific legacies. We are now in a vacancy as of 31 December 2025 and looking forward to the eventual appointment of a new vicar of Holy Trinity Church and the Trinity Benefice.

Reserve Policy. It is the desired policy of Holy Trinity Church PCC to keep £50,000 (2024: £50,000) in reserve for unforeseen emergency repairs to the fabric. The PCC is also committed to giving an additional sum to Mission which will not exceed the total interest received on the Legacy Fund.

Major Risks . The PCC reviews the activities of the parish and considers the major risks that may arise from time to time. The major risks identified in the process have been assessed and satisfactory systems established to mitigate the risks. The PCC will continue to review the risks on an on-going basis.

PCC members (except where indicated as non PCC) PCC members (except where indicated as non PCC)
Vicar The Revd. Robert Price Weldon Vacant from 31 December 2025
Benefice Priest The Revd. Roger Smith Retired 31/07/2025
Benefice Priest The Revd. Kate McNeice (non PCC)
Benefice Priest The Revd Bill Mills Ordained 28/06/2025
Benefice Distinctive Deacon The Revd Heather Tapsell Ordained 28/06/2025
Readers Mr Charles Lewis (non PCC)
Authorised Lay Minister Mrs Fiona Weldon (non PCC) Retired December 2025
Mr Lewis Smith
Wardens: Mr Christopher Martin Vice Chairman
Mr Nicholas Boardman Appointed 04/05/2025
Mr Michael Hawken Resigned 21/01/2025
Deanery Synod Mr Tim Parsons
Mr Christopher Martin Resigned 01/05/2025
Mrs Patricia Wilson
Elected Members Mr Michael Hawken Resigned 21/01/2025
Ms Michelle Fletcher Retired 04/05/2025
Mr Denis Dadson
Ms Karen Tatt Elected 04/05/2025
Ms Frances Addison Elected 04/05/2025
Mrs Janet Gallagher Elected 04/05/2025
Mrs Christine Schilder Retired 04/05/2025
Mrs Heather Sutherland Retired 04/05/2025
Mr David Troke Retired 04/05/2025
Mr Paul Seward Resigned 21 January 2026
Mr Richard Lambourne
Co-opted Members Mrs Heather Sutherland Co-opted 04/06/2025
Treasurer Mr Denis Dadson
Structure, Governance and Management -2 -
The method of appointment of PCC members is set out in the Church Representation Rules. All Church attendees are encouraged to
register on the Electoral Roll and stand for election to the PCC.

-2-

PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY WITH CHRIST CHURCH FOLKESTONE TRUSTEES' REPORT

Trustees’ Responsibilities

The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts & Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In approving the Trustees’ Annual Report we also approve the Strategic Report included therein, in our capacity as trustees.

Signed on behalf of the PCC

C. C. Martin

Trustee and Vice Chairman May 2026

-3-

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY WITH CHRIST CHURCH FOLKESTONE

I report to the charity trustees on my examination of the accounts for the year ended 31 December 2025, which are set out on pages 5 to 12.

Responsibilities and basis of report

As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the charity's accounts carried out in accordance with the Church Accounting Regulations 2006 ("the Regulations") and under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. 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 have no such concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed: S Jennings FCA Azets Audit Services Chartered Accountants Ashford Commercial Quarter

1 Dover Place Ashford, Kent TN23 1FB

PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY WITH CHRIST CHURCH FOLKESTONE

STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 DECEMBER 2025

Notes
INCOME FROM
Donations and legacies
2a
Investment income
2b
Income from charitable and ancillary
trading
2c
Grants
2d
TOTAL INCOME
EXPENDITURE ON:
Charitable activities
3
Parish share
Mission and charities
Other ordinary running costs
Exceptional Costs
TOTAL EXPENDITURE
NET INCOME/(EXPENDITURE)
BEFORE TRANSFERS
Transfer between funds
8
NET MOVEMENTS IN FUNDS
RECONCILIATION OF FUNDS
BALANCES
BROUGHT
FORWARD AT 1 JANUARY 2025
BALANCES CARRIED FORWARD
AT 31 DECEMBER 2024		 Unrestricted
Designated
Restricted
Total
Funds
Funds
Funds
Funds
£
£
£
£
58,514
-
3,576
62,090
3,607
7,848
30
11,485
40,191
-
-
40,191
-
-
15,022
15,022
102,312
7,848
18,628
128,788
49,455
-
-
49,455
1,044
-
-
1,044
76,836
-
797
77,633
-
3,241
4,354
7,595
127,335
3,241
5,151
135,727
(25,023)
4,607
13,477
(6,939)
-
-
-
-
(25,023)
4,607
13,477
(6,939)
33,259
218,646
32,530
284,435
8,236
223,253
46,007
277,496
2025		 2024
Total
Funds
£
119,550
13,653
35,401
168,604
44,639
1,327
80,194
762
126,922
41,682
-
41,682
242,753
284,435

PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY WITH CHRIST CHURCH FOLKESTONE

STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 DECEMBER 2024

Notes
INCOME FROM
Donations and legacies
2a
Investment income
2b
Income from charitable and ancillary
trading
2c
TOTAL INCOME
EXPENDITURE ON:
Charitable activities
3
Parish share
Mission and charities
Other ordinary running costs
Exceptional Costs
TOTAL EXPENDITURE
NET INCOME/(EXPENDITURE)
BEFORE TRANSFERS
Transfer between funds
8
NET MOVEMENTS IN FUNDS
RECONCILIATION OF FUNDS
BALANCES
BROUGHT
FORWARD AT 1 JANUARY 2024
BALANCES CARRIED FORWARD
AT 31 DECEMBER 2024		 Unrestricted
Designated
Restricted
Total
Funds
Funds
Funds
Funds
£
£
£
£
104,707
-
14,843
119,550
4,875
8,739
39
13,653
35,401
-
-
35,401
144,983
8,739
14,882
168,604
44,639
-
-
44,639
1,199
-
128
1,327
75,675
3,807
712
80,194
-
762
-
762
121,513
4,569
840
126,922
23,470
4,170
14,042
41,682
(7,000)
7,000
-
-
16,470
11,170
14,042
41,682
16,789
207,476
18,488
242,753
33,259
218,646
32,530
284,435
2024		 2023
Total
Funds
£
62,897
11,818
34,707
109,422
41,881
2,109
84,207
2,612
130,809
(21,387)
-
(21,387)
264,140
242,753

PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY WITH CHRIST CHURCH FOLKESTONE

BALANCE SHEET AS AT 31 DECEMBER 2025

Notes
CURRENT ASSETS
Debtors & Prepayments
6
Bank and Cash Balances
CREDITORS: amounts falling due
within 1 year
Other creditors
7
NET CURRENT ASSETS
NET ASSETS
PARISH FUNDS
General Fund
8
Legacy Fund
8/9
Roof Fund
8/9
Organ Fund
9
Quinquennial Sinking Fund
8/9
Bible Fund
9		 Unrestricted
Designated
Restricted
Total
Funds
Funds
Funds
Funds
£
£
£
£
3,560
529
4,089
13,892
223,253
45,478
282,623
17,452
223,253
46,007
286,712
9,216
-
-
9,216
9,216
-
-
9,216
8,236
223,253
46,007
277,496
8,236
223,253
46,007
277,496
1,256
-
-
1,256
6,980
55,000
11,507
73,487
117,574
17,401
134,975
-
-
956
956
-
50,679
15,143
65,822
-
-
1,000
1,000
8,236
223,253
46,007
277,496
2025		 2024
Total
Funds
£
3,610
286,948
290,558
6,123
6,123
284,435
284,435
20,037
83,169
129,723
536
50,970
-
284,435

Approved by the Parochial Church Council on 6 May 2026 and signed on its behalf by:

C Martin (Church Warden)

D Dadson (Hon Treasurer)

PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY WITH CHRIST CHURCH FOLKESTONE

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1 ACCOUNTING POLICIES

1.1 Basis of preparation

The Parochial Church Council of Holy Trinity with Christ Church Folkestone is a registered charity in England and Wales. The address of the registered office is given in the charity information on page 1 of these financial statements. The nature of the charity's operations and principal activities are committed to drawing as many people as possible into worship at our church and to working together with individuals and organisations in the community for the common good and furtherance of our common goals and values. The PCC maintains an overview of worship, outreach, ministry and mission.

The charity constitutes a public benefit entity as defined by FRS102.

The Trustees have assessed whether the use of the going concern assumption is appropriate in preparing these financial statements. This assessment has been made in respect of a period of at least one year from the date of approval of these financial statements.

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Accounting Practice.

The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are prepared in sterling which is the functional currency of the charity.

The accounts include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include accounts of church groups that owe their main affiliation to another body nor those that are informal gatherings of church members.

1.2 Funds accounting

Unrestricted Funds represent funds of the PCC that are not subject to restrictions regarding their use. In particular these consist of the General Fund which is used for the day to day purposes of the PCC and that part of the Legacy Fund which is not restricted by the terms of individual wills. Funds designated by the PCC are also unrestricted.

Restricted Funds are funds that can only be used for particular restricted purposes within the objects of the charity. Restriction arises when specified by the donor, or a will, or when funds are raised for particular restricted purposes.

The Designated Fund balance has been represented to ensure that fund balances stated accurately reflect the designation policy adopted by the trustees.

All incoming resources are included in the Statement of Financial Activities when the charity is entitled to the income, any performance conditions attached to the item of income have been met and it is probable that the income will be received. The following specific policies are applied to particular categories of income:

1.4 Expenditure recognition

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs to that category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably.

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs allocated directly to such activities and those costs of an indirect nature necessary to support them.

PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY WITH CHRIST CHURCH FOLKESTONE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

1 ACCOUNTING POLICIES - CONTINUED

Consecrated and beneficed property is excluded from the accounts by s10 Charities Act 2011. No value is placed on moveable church furnishings held by the churchwardens on special trust for the PCC and which require a faculty for disposal since the PCC considers this to be inalienable property. All expenditure incurred during the year on consecrated beneficed buildings and moveable church furnishings, whether maintenance or improvement, is written off as expenditure in the Statement of Financial Activities and separately disclosed.

Other Fixtures Fittings and Office Equipment

Equipment used within church premises is written off in the year of acquisition.

1.8 Judgements and key sources of information uncertainty

Accounting estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. No judgements or key assumptions were made in the preparation of the accounts

2
Income from
a.
Voluntary income
Planned Giving
Gift Aid
Open Plate Collections
Gifts, Donations and Miscellaneous
Donation-in-Kind
Legacies
Mission & Links
b.
Investments, Dividends and Interest
c.
Charitable and Ancillary Income
Hire of Church Hall
Hire of Church
Fundraising
Fees
Miscellaneous
d.
Grant received for Tower Repairs
LPW Grant for refund of VAT borne by Le		 Unrestricted
Designated
Restricted
Funds
Funds
Funds
Total
£
£
£
£
29,773
-
-
29,773
8,969
-
-
8,969
6,084
-
-
6,084
6,442
2,779
9,221
-
-
797
797
6,000
-
6,000
1,246
-
1,246
58,514
-
3,576
62,090
3,607
7,848
30
11,485
15,371
-
-
15,371
9,567
-
-
9,567
9,356
-
-
9,356
5,130
-
-
5,130
767
-
-
767
40,191
-
-
40,191
-
-
14,493
14,493
gacyFund
-
529
529
-
-
15,022
15,022
2025		 2024
Total
£
31,985
8,545
6,011
66,002
-
6,000
1,007
119,550
13,653
14,492
7,671
8,954
4,027
257
35,401
-
-
-
102,312
7,848
18,628
128,788		 168,604

PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY WITH CHRIST CHURCH FOLKESTONE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

3
Analysis of expenditure
Cost of charitable activities
Parish share
Missions and charities
Other ordinary running costs
Contribution to Joint Benefice
Payroll costs
Music
Church Fees
Church Hall running costs (incl Utilities)
Utilities (Church building)
Telephone and Broadband
Insurance
Publicity, postage IT and stationery
Maintenance of buildings and fabric
Maintenance of grounds
MaIintenance of Musical Instruments
Service expenses
Income Generation Costs
Licences
Security Costs
Bank and Card Charges
Independent Examination
Total expenditure		 Direct
Costs
Support
Costs
Staff
Costs
Total
£
£
£
£
49,455
-
-
49,455
1,044
-
-
1,044
10,848
-
-
10,848
-
9,519
9,519
11,060
-
-
11,060
1,481
-
-
1,481
5,187
-
-
5,187
-
12,381
-
12,381
-
852
-
852
-
5,200
-
5,200
-
1,142
-
1,142
-
10,417
-
10,417
-
2,183
-
2,183
-
2,456
-
2,456
1,990
-
-
1,990
4,659
-
-
4,659
420
-
-
420
1,210
-
-
1,210
1,213
-
-
1,213
3,010
-
-
3,010
41,078
34,631
9,519
85,228
91,577
34,631
9,519
135,727
2025		 2024
Total
£
44,639
1,327
9,600
8,898
10,739
816
2,855
15,286
803
5,099
930
10,544
1,920
2,180
1,288
3,943
359
1,310
1,024
2,600
80,194
126,160

4 Staff Costs

The average number of employees during the year was 1 (2024: 1).

5 Trustees and key management personnel remuneration and expenses

Trustees received no remuneration during the year for their duties as Trustees (2023: None).

4 Trustees: 6 (2024: 4) were reimbursed expenses totalling £2,745 (2024: £1,723) in respect of printing and stationery, and income generation costs and purchase of office equipment,

The trustees consider the board of trustees as the key management personnel of the charity in charge of directing and controlling, running and operating the PCC on a day to day basis. As detailed above, no trustees received remuneration for acting as trustees during the period.

6
Debtors
Debtors
Prepayments
7
Creditors
Wedding deposits
Other creditors		 2025
£
3,432
657
4,089
2025
£
1,800
7,416
9,216		 2024
£
2,953
657
3,610
2024
£
500
5,623
6,123

-10 -

PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY WITH CHRIST CHURCH FOLKESTONE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

8 Unrestricted funds - 2025 Balance Balance
brought Transfer carried
forward Income Expenditure between funds forward
£ £ £ £ £
Unrestricted funds
General Fund 20,037 92,804 (127,336) £ 15,750
 1,255
Legacy Fund (part) 13,222 9,509 - (15,750) 6,981
Designated funds
Legacy Fund (part) 55,000 - - - 55,000
Roof Fund (part) 113,327 5,629 (1,382) - 117,574
Quinquennial Sinking Fund 50,320 2,219 (1,860) - 50,679
251,906 110,161 (130,578) - 231,489
Unrestricted funds - 2024 Balance Balance
brought Transfer carried
forward Income Expenditure between funds forward
£ £ £ £ £
Unrestricted funds
General Fund 1,058 140,491 (121,512) 20,037
Legacy Fund (part) 15,731 4,491 - (7,000) 13,222
Designated funds
Legacy Fund (part) 50,000 - - 5,000 55,000
Roof Fund (part) 111,563 6,332 (4,568) - 113,327
Quinquennial Sinking Fund 45,913 2,407 - 2,000 50,320
224,265 153,721 (126,080) - 251,906
Designated Funds
Legacy Fund (part) This fund represents legacies received that are for no specific purpose but which have
been set aside by the trustees towards future emergency use
Roof Fund (part) This fund represents part of a legacy received that was for no specific purpose but which
has been allocated by the trustees towards the roof replacement
Quinquennial Sinking Fund (part) This fund represents amounts set aside by the trustees towards the cost of maintenance

This fund represents amounts set aside by the trustees towards the cost of maintenance work recommended periodically by quinquennial reports required by Canterbury Diocese

Restricted funds - 2025
Legacy Fund (part)
Organ Fund
Bible Fund
Boiler repair Fund
Roof Fund (part)
Quinquennial Sinking Fund (part)
Restricted funds - 2024
Legacy Fund (part)
Organ Fund
Missions and Charities
Roof Fund (part)
Quinquennial Sinking Fund (part)		 Balance
brought
forward
Income
Expenditure
Transfer
between funds
Balance
carried
forward
£
£
14,947
529
(3,969)
-
11,507
536
1,217
(797)
-
956
-
1,000
-
-
1,000
-
385
(385)
-
-
16,397
1,004
-
-
17,401
650
14,493
-
-
15,143
32,530
18,628
(5,151)
-
46,007
Balance
brought
forward
Income
Expenditure
Transfer
between funds
Balance
carried
forward
£
£
£
£
£
10,097
5,000
(150)
-
14,947
1,059
39
(562)
-
536
-
128
(128)
-
-
6,682
9,715
-
-
16,397
650
-
-
-
650
18,488
14,882
(840)
-
32,530

9 Restricted funds - 2025

Missions and Charities relates to donations received and disbursed in respect of specific appeals or donations

Boiler repair Fund This relates to donations received and disbursed towards boiler repairs Bible Fund This fund arises from a single donation, to be used to provide bibles for those newly baptised. Legacy Fund This fund represents legacies received that are for a specific purpose and restricted in accordance with the terms of the will. See accounting policy note 1.2. Organ Fund This fund was established to provide major refurbishments and is not to cover routine maintenance or general running costs. Roof Fund It is considered that major repairs or possible replacement of the church roof will be needed in the foreseeable future and this fund was set up to receive donations and other finance towards this project. Quinquennial Sinking Fund (part) This fund represents donations received specifically towards the cost of maintenance work recommended periodically by quinquennial reports required by Canterbury Diocese

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PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY WITH CHRIST CHURCH FOLKESTONE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

10
Analysis of net assets between funds
2025
Current Assets
Current Liabilities
2024
Current Assets
Current Liabilities		 Unrestricted
funds
Designated
funds
Restricted
funds
Total
£
£
£
£
17,452 223,253 46,007
286,712
(9,216) - -
(9,216)
8,236223,25346,007
277,496
£
£
£
£
39,382 218,646 32,530
290,558
(6,123) - -
(6,123)
33,259218,646 32,530
284,435

11 Related Party Transactions

Mr Tim Parsons was paid £10,440 (2024: £10,290) under contract with Holy Trinity Church to provide director of music services. Except in this respect and the occasional reimbursement to trustees of properly incurred expenses (see Note 5) there were no related party transactions in the current or preceding year. Mr David Troke was paid £260 (2023 £650) for management services at music concerts while he was a trustee. Ms Michelle Fletcher was paid £300 (2024: nil) under a contract for cleaning the church hall during a period when she was a trustee.

Mr Tim Parsons, Mrs Heather Sutherland andMr Denis Dadson are also Trustees of Friends of the Music of Holy Trinity Folkestone. During the year £797 was paid on behalf of the Trust by Friends of the Music of Holy Trinity Folkestone as a contribution to organ maintenance (see Note 9)

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