REGISTERED CHARrrY NUMBER: 1131553 Report of the Tru5tee5 and Unaudited Finantial Stattments for the Ytar Endtd 31 December 2025 for Parochiwl Chur¢h of St Mary the Virgin. Cvttin¥hAm Harris Lac¢y and SW Chartered A¢counian15 Suite l. The Riv¢rsid¢ Building Livingsione Road Hessle. Hull HU13 ODZ
ParochiAI Cliuwth of St MAry the Virgiii, Cottinglijini Contents of the FinAncial Si4tements for the Y¢ar Ended J l De¢tmb¢r 2028 Page Reijort of the Trustee5 Independent Ex*mintr's Report StAtcinent of FiTJ#ncial Activirit$ BAllin¢t Sheet Notes to tb¢ WinaDcig1 StAtonioiit5
Parochial Church of Si Mary the Virgin, Cottingham Report of the Trustees for tbe Year Ended 31 December 2025 The twstees present their report with the fmancial sratements of the charity for the year ended 31 December 2025. The trustees have adopted the provisions of Accountints and Reporting by Charities.. Statement of Recomtnended Practice appli¢abl¢ to charities preparing their accounts ID ac¢ordance with the Financial Reporttng Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). OBJECTIVES AND ACTIVITIES Objectives and aims St Mary's PCC has the responsibility foi eo-operaring with the Incumbent, in promotints in the Ecclesiastical Parish. the whole, coniinuing mission of the Church, both pastoral ecclesiastical, social and ecumenical. St Mary's PCC is aware of the Charity Comrnission's guidance on publi¢ benefit in the Advancetnent of Religion for the Public Bertefit and have regard to it in its administration of the Charity. The PCC believes that, by promoting the work of th¢ Church of England in the Ecclesiasiical PaTish of St Mary it helps to promote the whole missiot) of the Church more effectively, and in doing so it provides a benefit to the public by.. Providing facilities for publie worship, outreach. pastoral ¢ar¢ and spiritual, moral, and intellectual teaching and development. ix)ih for its members and for anygne who wishes to benefit from what the ¢hurch offers,. and Promotinu Christian values and service by members of the Church in and to their communities. w the benefit or individuals and society. St Matys PCC has maintenance responsibilities for the Church ( the Church Commissioners cover the majority of the cosi of repairs to the Chanc¢l), th¢ Church Halls, Church House and the Cuiate'5 resid¢nce. ACHIEVEMENTS AND PERFORMANCE Charit#ble activities There were 109 Parishioners on the Electordl Roll, 17 of whotn were not resident within the Parish. Attendanc¢ at services has returned to a steady level with a weekly average of 128 in October. The Church conÉinues to provide a venue for community events including concerts. The Parochial Chur¢h Coun¢il is a Corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure. The method of appointment of PCC members is set out in the Church Representation Rules. ASI Church attendees are encouraged to regisier on the Electoral Roll and stand for eleciion io the PCC The trnstees meet regularly to discll55 decisions thai need io be made within the ¢hur¢h. De¢isions are made through a trustee making a proposal at a meeting and th¢ other trustees Voiing on the proposal. Page I
P#rochiul Cliurcli of st Mary the Virgin, Cottiijghat Report of thc Triistces for the Year Cnded 31 D¢¢cmber 2025 FINASCIAL REVIEW Fin#nci#l position Tot<il rtLeipts un (he or(linary funds were £131,057 which is iii line with the buduel and la51 year. Sorne donoTS have switch¢d from Iradiiioncil methods ofgiving by sianding order aiid weekly envelope to direct debii via tlie Parish Cjivin Scheme. This brinLFs forward the Gift Aid ieLovery and mosl of Iliese dondiions al'e index linked thus booslinu) ongoing revcnuc. We hc1ve continued to fully contribut¢ to the DioLese in the sum of £55,000 which provides stipends. Iraining and housing for the clergy. OveTcl11 the ycar ended 3 1st Deccmber 2025 resulted in a nei surplus of £24.053 which has increased ix)th the unrestricted and restricted fund reserves. li been identift¢d Iliat in thc near future tl?e Org7 n TequiTes Inajor mainien1c nce which is likely to Lost around £40,000. Fiindrdisin¥ h£lS LominenLed iowards Ihis iarget along with investigatiotl of specific giant opportunitie5 to enclble thc hibturic organ io be av<lilablc foi. genentions to coine. An amount ol £13.096 has been raised so lar which includes an carlier legacy that 15 iestricted to the maiiitenance of the orgcin iogeiher with specific funds iaised. Towards the end ofthe year an amouni of £1,525 was rectived froin ihe OLinsley triist to purchase liturgical Imusic. This )rant is biiniT held to pay foi- tliis tllL15iL in Ihe new year. St M<1ry'S PCC are working with thc wider congregation and coinjniinily to id¢ntify future nttds under the aieas of Accessibilily, Hospit<l1ity, FILxibiliiy nd Sustainability 11 js lioped tliis is possible using the (7cncrous ItgiaLy received in 2022 01- £150,0(10 log?ctlicr with GTaiil fiinding. This prujcci will )l%o iii¢lude tlie work fnr whicli %pecific fund.% h¢ive bccn raised in rcceni ycars iiicluding Cliurch Anicnilics, ficxible Space Devclupment and toile15 lOtaliniT £16.952. Also within the restricted funds are amounts ihai ale specifically for the lower bells and Clock of £25.319. The closinu resiricied I'unds sii at £229,229 (2024 - £209,411 I which is made up of the fabric Fund of £216,132 c1nd Organ Fund of £13,096. Reserves policy Tlie PCC vonlinuc to excrcise prudent fii)ancial control to maintain a level of reserves to cover emergencies whilst conlinuini? to ¢oi)Iribute to Freewill Giving aiid Inaiiitain ilie ChuiLh for I'iiture ¥eneraLion5. This include5 preparation ol. an annual L7lldbyei which is used io monilor progress at each Trllstees Je¢ling. With this in mind, Ihe Trustees try to ensure a minimum of 3 montlis free reseives are held wiihin ihe funds al all limes. to ensur¢ it can ineet it's coniraciucll liabiliiies. Usin&F iliis financial years figure5, 3 Inonths equates lo £33.594 uf expenditure, however, this finurc iiicludcs 3 months of freeivill ¥iving 10 ihe Diocese ot York. The current level of re%trvcs held by the Church in this financial period is £1,385,202 of which, frcc r¢serves ar¢ £?1,457 which is below thc ¢lbove required amounl per our policie%. Tli¢ totcil of unre5tri¢iecl reserves are £1.155,973 (2024 £1.151,738) of which £1,134,516 are held as fixed aEscls circ thcr¢fore, not coiisidered free to use diie to theii. nature. 'l-he 'l'rllslee5 reLo(snise iliai Ilicy i)eed to build lip their frce rcscrvcs in ordcr to Ineet theii. msniinum rc5crves policy rL'(iiiireinent. fuiidraisiiig) is coiistanily goinu on <iiid they cil-e consiaiitly lookin¥ into 3ny polential tllnding availabl¢. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity 15 controlled by its governing document, a deed of irust aiid constitutes an uniiicorporated cliarity. PaiFe 2
Parothiil Church of St Mary the Virgin, Cottingharn Report of the Trnstees for the Year Ended 31 De¢ember 2025 REFERENCE AND ADMINISTIIATIVE DETAIIS Registered Chgrity numbtr Prltttipxl ddre$$ Church of Si Mary lh¢ Virgin The Rectory Hallgaie Coitingha East Yorkshire IIU164DD Trustets Rev Dr Nicola Bown t£slie Begg Joy Bower Vicky Dickinson Jenny DiNon Sheila Fisher Yvonn¢ Grundy Anna Marrino Rob¢rt Mcmillan Sue Moody Andy Penney David Pennie Wendy Sliarpe Sut T&dd Gairy ToTnmins Margaret Wright Incumknt Safeguardin8 Officei. Fire Safety. Officer Asst Safeguarding ol¢tr Asst Church WaTd¢n Asst Church Warden Chiirch Warden IDdeptTJdent Exminer Laiira J Dreiv Harris LdGe> Swain Chariered Accountsnls Suite l. The Riverside Building Li¥ingstone Road Hessle. Hull HU130DZ Banker5 HSBC plc 63 Market P13f¢ Beverlt>' HU178AL CCLA Invesunenl MwBgemcnt Limited One Angel l.ane London EC4R 3AB Pa8e 3
P#rorhial Churcli ofst P¥lAry the 'iYgin. Cottinoh41m Rtport of the Tru5tets for the YcRr VJndtd 31 December 2025 Appiov¥d by ordL'r i)I'IIIL bocird al'li'ii$iiiS 011 Riv I)I' N J Ili)wn.-I rii%iLx' PdgL 4
Independejjt Exllrnintr's Report to the Trllsttts of P%rothiAI Churth of St MAry the Virgin, Cottinghxm Indepelldent examiner's report to the trustets of Plrochial Churth of St Miry the Virgin, Cottingham I report lo the charity Irusitts on mv examinaiion of the accounts of Parochial Church of St Mary the VirgiD. Q>ltingham {the Trusti for the year ended 3 1 Decerllb¢r 2025. Resptsn5ibilitLts and bASiS of report As Ihc chariry trustees of the Trust you are responsible for the preparation of ihe accounrs in accordance with ihE iequiTemenis of the Charities Aci 201 I ('Ihe Act'l. I rep)rt Iti Tespeci of my txamination of Ihc Trusi's accounts carried out und¢T Section 145 of th¢ Ati and in carrying out my examination I have followed all applicabl¢ Directions Ven by the ChaTity Commission undLr Seciion 14515llbl of lh¢ Act. Independtnt examiner's statement I have ¢ompleied my examination. I confirm tlMI no material mallers have come to Tny attenlion in eonnectiort with the examinaiion giving m¢ cause to believe that in any tnat¢rial r¢spect'. accounting records wer¢ not kept in r¢specl of th¢ Trust 35 r¢quired by Section 130 of Ihe Act,. or th¢ accouiils do not accord with those re¢oids'. or thc accoun15 do nor comply with th¢ applicable requirement5 concerning the fortn athl content of accourtis sci oilt in ihe Charities {AcGounls and Reports) Regulations 2008 oiher than any requirem¢nt Iha¢ the accowiis giv¢ a true and Cair Yi¢w wl]ich is not a matt¢r wnsidered as parl of an independent examinaiion. I have rto eoncerns and have come acr055 no oiher matter5 in conncction with the examination to which atteniion should be drawn in this rert in order lo ¢nabl¢ a proper undersiat]ding of the accounis to be reached. Laura J Drew The Institut¢ of Chartered AtCOUnlants in Engla and Wales Ha15 Lacey and Swain Chartered AccounLqnis Suiie l. The Riv¢r5id¢ Building Livingstone Road Hcs51¢. Hull HU13 ODZ Qg:..%.. IGQ£ Page 5
PArotlJiAI Chur¢li olst Mary the Virgith, CotlinLThgin St4temtiil of Fiiiaii¢i#l Activilie5 for the Year Endcd 31 Doccmbtr 2025 2025 Unr¥s1riciid runds 1lcslric.d ruiid funds Noics INCOME AND EYI)OWMENTS FROM 16.721 87,863 103.9R3 ChxritAbl¢ x¢tivitios Cliur¥h i9.914 2.28) 62.199 65.449 Ilivisiincnl inlomc R,363 8.3()3 Totnl 131.056 27.369 158,425 180.31)0 EXPENDITURE ON 4.400 4.400 4.1)117 Chxritable aetivitiQ5 7.551 125.744 200.769 4.228 4.228 3.496 7.551 1.34.37? 20X.352 NkT INI.'OMLIIFXPCNDII'URE} 4,23) 24.053 127 1)621 RECONCILIATION OF FIINI)S 209.411 1.361.149 TOTAL FUNDSCARRIED FORWARD 22(?.22() 1.385.202 Pa8c ()
P#rothil Church of St Mary the Virgin, Cottingham BAlnce Sheet JI December 2025 2025 Total funds 2024 Total funds Unresiricied fvnds R¢stricl¢d fiJnd Notes FIXED ASSETS Tangiblc assets 1,134.516 1,134,516 .134.516 CLRRENT ASSETS Cash at bank and in hand 25,)37 229,229 254,766 227,263 CREDITORS Amounis falling due wiihin on¢ y¢ar 14,0801 14,0801 {6301 NET CURRENT ASSETS 21,457 229,229 25a,686 226.633 TOTAL ASSETS LESS CURRENT LIABILITIES 1,155,973 229,229 1.385.202 1.361,149 NET ASSETS 1,155.973 229,229 1.385.202 1.361,149 FUNDS Unresiricted funds Resirieied funds 1,155.973 229,229 1.151,738 209,411 TOTAL FUNDS 1.385 ?02 1,361,149 The financial Sts*m¢nt$ were Èpprovcd by the Board of Trust¢es and authorised for issue Iql.o..+.1.2.a2..k>... and were sign¢d on its behalf by: on R¢v Dr N J Bowrt- Truste The notes form part of these financial stalcments Page 7
PRroihial Churth ofst Mary the Vtrgin, CottinghAm Notes to the FÉnantial Statements ror the Ytar Ended JI Dt¢emb¢r 2025 ACCOII.NTIN'C. POLICIES Intom¢ Dfvir IIIL piri(Kl 10 ¥11¥h lh r¥l4it¥. IniirLsi on liin(1s held on dupi)%11 15 in¢liidLd whLll fcLLIVl£ hSc £iiid IhL 1Ul11 bL mL-asiifkil rcliiilily by IhL Exi)e#(liture arn. apporlioiii(I ba5¢(11)11 IIIL ILTrLI ofaLIiviiy in LaLli aria. T#tygibl¢ fixed se¢S l)Lprccialion i% prtsvlild ai IliL li)Ili)iYine dnnual ratis in oixllr to wriic on. Cli Lli ass¥[ OVLI. ils L51imJlvd iis¥ful I'-rLiliold plp¢rtY Niir dcprcciatcd T#A*tiorb xccounting c(Inliriuid...
PAroehial Church of St Mary th¢ Virgin. Cottillgh4 Notes to the Financial Stgttmenls- ¢thntinu¢d for the Year Ended 31 December 2025 ACCOUNTING POLICIES- ¢ontittued Other policies Estirnites and llldgtmtnts E5timaies and jiidg¢in¢nts ar¢ continually evaIualed and are based on historical Cxpericncc and oiher factOlS. including expectslions of fiitiire events thai are believed to bc rcasonablc under the Circlimsta¢5. Although these esitmaies are based on ihc Charity's best knoi%'l¢dge of the aut. evertis or aLtions, actual resulis ujtitnalely differ frotn these estifflaies. The Charity does not cott%id¢r there to be any marerial ¢slifflaies and judgcmertls. Fin&ntiil in$trumènt$ Th¢ charity only has linancial assets and finan¢ial liabilitics of a kind that qualify as basic financial in51rumentS. Basic financial instriimenls. including trade and other debtors and crcditors, arc initially recognised at transaction value and subsequently measured at their s¢ttl¢m¢nt valu¢. INVESTMENT INCOME 2025 Tot funds 20?4 Tota bjnds Unresiricied fi]nds Restrict¢d fund5 Deposii account inierest 8.363 8.363 10,958 TRUSTEES, REMUNERATION AND BENEFITS Ther¢ %ver¢ no tru51ces' retnun¢ralion or other benefits for ihe year ended 31 December 2025 nor for th¢ year endcd 31 Deccmbcr 2074. Trnsttts, exptnses Expenses tOLqlling £3.053 120?4 £3.326) were pwd on behdf of the rectors working expenses atml certain rectory C051s. STAFF COSTS The average monthly numbcr of employee5 during the y¢3r ivas as follow$'. 2025 2024 Staff mefflber5 No employces received cmolum¢nts in excess of £60.000. Page 9 ¢ontinued...
Par¢Kliiiil Chureh of St Mry tlit Viryitt. C.'ottinghnm h40tt5 to the Fiiian¢il StAt¢m¢nt5- Colltinutd for the Year Emdod 31 DeceThbtr 2025 COIMPARATIVES FOR TIIE STATEMENf OF FITrIANC.IAL ACTIVJTIES UnrLslriLILd lulld. RLSIIiLILd lund INC.()ME PIND b.NDOWMENTS FROM 78,2211 25,7)7 Cbritble Aetivities 5Q.1S IS.2) 65.449 InvL'8lInLni iiiLume 10.958 l O.V58 Total 128.376 52.D14 EYPE.YDII'URF. OTri 4,0%7 Ch#riiAble *¢tLVlties Churili 75.774 2011.761) 132.578 75.774 2U8.352 NET INCOMLIIEXPENDITIIREI 14.2021 123,7601 127.l)621 RECONCILIAI'ION OF FUNDS Toi411 luiids broiiglii lorwdi'd l.li5,940 233.171 TOTAL FbNDS CARRIED FORWARD ?09.411 TANGIBLE FIXED ASSETS PIOPLriy COST Ill l Jil[ilIiry 2025 lind 31 DLULnll-[ 2025 IET BOOK VALUE AI 31 D¢¢171br 2024
PAro¢hial Chureh of St Mary the Virgin, Cottingham Nott5 to the FiAincial StAtementS- tontiuued for the Year Ended 31 Deeember 2025 CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Other eteditors 4.080 630 MOVEMEP4T IN FUNDS tnovcTntnt in tunds At 31.1? 25 At 1.1.25 Unre5tYicled funds Unrestricted fund Churcli property fund 17.222 1.134,516 4,235 21,457 .134,5 16 4,235 ,155,973 Restricted funds Restricted fund 209.411 19,818 229,229 TOTAL FUNDS ,361,149 24,053 1,385,202 Net Inovement in funds. included in th¢ above are as follows.. Incoming T¢50urce$ ResouTC¢5 expended Movemenl in funds Urtrt$trÉ¢ted funds Unr¢5tricled fvnd 131.056 (126,8211 4,235 Restri¢ted funds Restricicd tiind 27,369 17,551} 19,818 TOTAL FUNDS 158,425 1134,372) 24,053 Page 11 ¢oniinued..
Parochi.Thl Churcli o(St lTY tlit Virgin, Cottinghxm Notes to tlic Finxicial St4teirtetht5- tontknued for the Yer End¢d 31 December 2Q25 MOVEMENT IN FIIND.S- continued Compjratbves (or movemeiil in funds muvLmini Al 1.1.24 Unrostrictod funds 21.424 14,2021 17,2?2 Church pii)tLrty liind 1,155.940 14,2021 Rc5tricttd funds 1?3,7601 209.411 I'O'I'AI. D IIliDS 127 1)621 C()mpEifaiivL n1 mt>V¥lfilil in lunds. iii¥l1idd in IhL abov¢ arv a% lollows.. ibt)urLL LXPLdLd M(IVLIIILiII rL8oiirL¢s Ilnro5tri&lod fuiids 1132.5781 14.2D21 Restritte¢l funds 52.014 17i,7741 TOTAL FLNDS 180.390 120B.3521 127.9621 RELATED PARTY DISCLOSURES 'IKrL Wer IX) rclalid pamy IrL)iisaciions tor Ili¥ ycar cndcd 31 1)¢LLmbvr 202). io. SUMIllARY OF FUNDS UDr¢stricted Fuiids GcnerAI Rc$tri¢ted FAbri¢ Orgxii Fun(1 'unil TDtlll Restricled FurLds Funds Fuiid$ 2(124 202S Ai l January 2025 203.655 i.7ili ?09.411 4.23) 12,4711 7,341 24.053 127,9621 AI 31 DLcLmbLr 20?5 l.l55.973 Z16.132 13.096 229229 1.385,202 1,361,149 P£igL 12