Treasurer’s report
The PCC has a duty to ensure accounts are prepared and independently examined in accordance with the Church Accounting Regulations 2006 which incorporate the requirements of the Charities Act 2011 and the Statement of Recommended Practice for accounting and reporting by charities published by the Charity Commission (the SORP). The PCC also has a duty to approve the accounts and to present them to the Annual Parochial Church Meeting (APCM).
Financial Review 2025
There was a net increase of income in the General Unrestricted Fund for the year of £147,860 compared to the increase in income of £4,694 in 2024. A transfer from the General Unrestricted Fund to the Restricted Fund of £70,000 was made during the year to ensure funds would be available to cover the cost of the Quinquennial works. The incoming resources increased by £177,019 from £140,848 in 2024 to £317,867 in 2025 including legacies received of £161,000.
Income from planned giving and other donations remained static although there was a downturn in physical sales of Lavenham Life and a reduction in fees received from Weddings and Funerals. There was a small reduction in shop sales while book sales for 2025 matched those of 2024. Concert and other church hire were slightly down and magazine adverts slightly up. The main fundraising and community engagement activities during the year focused on the T500 events. These cost £34,034 to stage and brought in income of £47,217 giving the church net income of £13,183. It was a huge team effort but successfully implemented. There was an increase in unrestricted expenditure of £33,853 from £136,154 in 2024 to £170,007 which reflects the cost of the T500 activities – all other costs remaining fairly static. There were significant reductions in the cost of shop stock and magazine printing although the cost of magazine production rose from zero in 2024 to £2,819 in 2025. Our contribution to the Dioceses was £69,932, an increase of £1,499 paid in 2024. For the accounts to the year-end 31[st] December 2024, Moore Green once again provided their service as Independent Examiner of the accounts and it is proposed that they continue in this role for 2026. The General Fund Balance at the year-end was £178,516 , which included a general reserve of £10,000, liquid assets of £138,877, shop stock £4,646 and fixed assets £17,160.
The Restricted Fund balances have decreased by £85,755 over the year to £82,176. The Fabric Fund now stands at £24,530 along with a further £50,000 set aside as a reserve for emergencies. During the year we received £41,000 from external funding and individual donations along with a promise in 2026 of a further £30,000 external funding and a donation from Friends of Lavenham church of £12,000 towards the Quinquennial building work. During 2025, we paid out £32,786 during the year. Please note: We have included the remaining Quinquennial costs of £180,000 (including a provisional sum of £20,000 for any roof work) which is due to be paid in 2026, into the accounts for 2025. Approximately 50% of the funds required to complete the work will be coming directly from Church funds. The Bell Fund is £2,626 and the Music Fund £1,915. The fund for Children and family activities stands at £605 and a new restricted fund for a new Audio System currently stands at £2,500.
The value of the Endowment Fund investments has decreased by £1,183 to £28,919 in the year.
Our total net deficit for the year of £9,077 (described as “Net Movement of Funds” on page 3 of the annual accounts), includes depreciation at 25% on the remaining cost of shelving for the bookstall as well as the quinquennial funding received, Gift Aid and Endowment revaluations. Donations totalling £1,087 were collected in the church during the year to support the Bury Drop In, the Farmers Community Network and the Children’s Society. The Church also made a donation of £250 to the Edens Project in Sudbury.
March 2026
John Knight- Treasurer
A copy of the Accounts for the year to 31[st] December 2025 are available separately.
| Unrestricted | Restricted | Endowment | Total | Total | ||
|---|---|---|---|---|---|---|
| Notes | & Desig'tFund | Funds | Fund | 2025 | 2424 | |
| INCOMING RESOURCES | ||||||
| lncomingresourees fromdonors Othervoluntary incomingresources |
2a 2b |
230183.2547974.43 0.00 2709.85 |
278157.28 27A9.85 |
11284A.80 2449.14 |
||
| Income resourcesfrom operatingactivities: | ||||||
| - tofurther theCouncil's activities | 10408.S6 | 0.00 | 10408.96 | 15575.9s | ||
| - to generatefunds lncomefrominvestments |
2d 2e |
77274.74778A.13 0.00 11776.66 |
850il.87 11776.66 |
40436.18 10086.55 |
||
| Endowment FundsTransfened | 0.00 | 0.00 | ||||
| TOTAL iNCOMINGRESOURCES | 317866^957A240"67 | 0.00 | 388107.62 | 151358.60 | ||
| RESOURCES EXPENDED | ||||||
| G:ants | 3a | 250.00 | 0.00 | 250.00 | 29.98 | |
| Actrvi:iesdirectlyrelating to the | ||||||
| r','orkof the church | 3b | 116917.00 | 225995.12 | 342912.12 | 131049,21 | |
| Fur:d raising expenses | 3c | 47918.19 | 0.00 | 47918.19 | 15784.35 | |
| Churchmanagement and | ||||||
| administration | 3d | 4922.01 | 0.00 | 4922.01 | 4460.54 | |
| TOTAL RESOURCESEXPENDED | ffi | ffi | 396002.32 | 151320.08 | ||
| NET INCOMING RESOURCES | 147859.75 | -155754.45 | 0.00-7494.7030068.52 | |||
| GAINS/LOSSESON INVESTMENTS | 000 | 0.00 | -1182.77-1182.77 | 682.62 | ||
| NETMOVEMENT OFFUNDS | 147859.75 | -1557il.45 | -1182.77-9077.4730751.14 | |||
| BALANCES BROUGHTFORWARD | ||||||
| AT1STJANUARY2025 | 100656.16167930.93 | 32,550.95 | 301138.04 | 270386.90 | ||
| FUNDTRANSFER | -70000.0070000.00 | 0.00 | 0.00 | |||
| BALANCESCARRIEDFORWARDAT 31ST | ||||||
| DECEMBER 2025 | 178515.91 | 82176.48 | 31368.18 | 292460.57 | 301138.04 |
| 2A25 | 2024 | ||
|---|---|---|---|
| Notes | |||
| FIXED ASSETS | |||
| Tangible | 5a | 17160.24 | 22880.32 |
| lnvestment | 5b | 28919.43 | 30102.20 |
| 46079.67 | 52982 52 | ||
| CURRENT ASSETS | |||
| Debtors and prepayments | 6 | 18673.48/ | 14905.96 |
| Shorttermdeposits | 395279.31 | 189341.12 | |
| Cashatbank andinhand | 19790.25 | 54479.85 | |
| Shop stock at cost | 4645.50 | 4003.21 | |
| 438388.54 | 262730.14 | ||
| CURRENTLIABILITIES | |||
| Creditors - amounts fatling due within one year | 192407.63 | 14574.62 | |
| NET CL'RRENT ASSETS/(LtABtLtTtES) | 245980.91 | 248155.52 | |
| TOTALNET ASSETS | I | 292060.58 | 301 138.04 |
| PARISH FUNDS | o | ||
| Unrestricted | 178515.92 | 10a656.16 | |
| Designated | |||
| Restricted | 82176.48 | 167930.93 | |
| Endowment | 31368.18 | 32550.95 | |
| 292060.58 | 301138.04 |
| INCOMING RESOURCES | |||
|---|---|---|---|
| UnrestrictedRestricted Total Total |
|||
| Incoming resources from donors Plannedgiving Collections and othergiving Taxrecoverable Sundry donations Legacies |
25197.70 6229.42 10716.215071.89 27A39.9242902.14 161000.00 25197.70;Z\OS+.AZ 6229.42J 7283.89 15788.10,i/12417.93 69942.0647331.99 161000.0018712.37 |
||
| 230183.2547974.03278157.28112840.80 | |||
| 2b | Other voluntary incomingresources Bell Fund Music &ChoirFund Lady Chapel Chairs/AudioSYstem |
118.00 91.85 2500.00 2709.85 |
118.00 683.00 91.85 128.64 2500.001637.54 2709.85 2449.14 |
| Sale of magazines Fees lncomefrom operaiingactivities tofurther thework |
ofthechurch 2437.46 7971.50 |
2437.464276.43 7971.5011299.50 |
|
| 10408.96 | 10408.9615575.93 | ||
| 2d | lncomefromoperating activities togenerate funds Magazine advertisement fees Rent GiftDay Fund raising Second-handbooks Shop sales |
8799.95 970.29 0.00 45248.12 622433 12036.05 0.00 0.00 7780.13 |
8799.958303.20 970.29 814.20 0.00 0.00 49248j23056.19 14000.4614643.74 12036.0513658.89 |
| 77274.74 7780.13 |
85054.8740436.18 | ||
| lncomefrominvestments Dividends Bankinterest |
838.47 10938.19 |
838.47 816.09 10938.199270.46 |
|
| 0.0011776.66 | 11776.6610086.5s | ||
| TOTAL INCOMINGRESOURCES | 317866.9570240.67388107.621fi348.60 |
| NOTES TOTHEFINANCIALSTATE | MENTSfOTthEVEATEN | dEd31DCCEMbE | T2025 | ||
|---|---|---|---|---|---|
| Unrestricted &Desio'tFund |
Restricted Funds |
Total 2025 |
Total 2024 |
||
| 3.OO | RESOURCESUSED | ||||
| 3a | Grants to further thework of the church Overseasmission-Kagera Seqllarcharities SalvationArmY |
0.00 250.00 0.00 |
0.00 250.00 0.00 |
0.a0 29"98 0.00 |
|
| ffi | zso.oo | eg.gs |
| AcWitiesdirectly relatingto theworkofthechurch Diocesanparishshare Church exPenses 69932.04 20662.68 |
AcWitiesdirectly relatingto theworkofthechurch Diocesanparishshare Church exPenses 69932.04 20662.68 |
69932.04 7780.1328442.81 68$3.40 25177.69 |
|
|---|---|---|---|
| Chrgy expenses Cost ofservies |
2029.74 1412.77 |
2A29.74 1412.77 1852.75 1778-24 |
|
| Upkeep of churchYard/Glebe Church maintenance |
285.00 4505.59 |
285.00 4505,59 885.55 1371.82 |
|
| Major worksI Quinquennial Wages Depreciation OrganlMusicy'Choir BellropesIFlower/NaveFund |
0.00 12194.10 5720.48 '175.00 0.00 |
215565.67215565.67 12194.10 5720.08 847.97 250.50 1022.97 250.50 6097.53 12510.84 7626.78 1649.03 1120.00 |
|
| Biddle Coal Family &Children'sFund/Lady Chapel Ghairs |
0.00 | 1550.851550.852545.98 21s1Q!e-21 |
|
| a^ | ShopPurchases Openingshopstockat cost Less closing shoP stockat cost Magazineprinting/production costs FundRaising ExPenses OnlineGiving Fees |
6582.03 4003.21 4645,50 7851.60 34126.85 0.00 s.tg |
6582.036882.16 4003.214279.93 4645.504003.21 7851.608258.69 u126.85 362.78 0.00 o.ao o.oo47918.19 15780.35 |
| 3d | Church management andadministration Telephone, lnternet&Card Terminal costs Office expenses Legal &ProfessionalFees Auditand AccountancY |
-azgt 1254.16 2597.85 0.00 1070.00 |
1254.161083.94 2597.852336.60 0.00 0.00 1070.001a40.a0 4522.01446A.54 |
| TOT | ALRESOURCESUSED | fiooa7.zo | 225ee5.123e6002.32,J51329p9- |
| STAFFCOST | Total 2025 |
Total 2024 |
|---|---|---|
| Wagesandsalaries Self employedOrganists |
3605.06 10989.04 |
3953.48 8557.36 |
| 5a | FIXED ASSETS | Equipment | ||||
|---|---|---|---|---|---|---|
| Tangiblefixedassets | fixtures & fittings |
Total 2025 |
||||
| Cost | ||||||
| n> di r.4J |
67715.39 | 67715.39 | ||||
| Additionsduring theyearatcost Dlsposal Asat31.12.25 |
0.00 0.00 -ffi30- |
0.00 0.00 --7ffi' |
||||
| Depreciation ,\^ ^r a aatr a> dL r,4J |
44835.07 | 44835.07 | ||||
| Charge for theyear | 5720.08 | 5720.08 | ||||
| \^ ^t a4 1aatr A> dl J r4.4J |
50555.1 5 | --Td5ss:15 | ||||
| Netbookvalueat31.12.25 | 17160.24 | 1716Q.24 | ||||
| Net bookvalueat31.12.24 | 22880.32 | 22880.32 | ||||
| INVESTMENTS | Total 2025 |
Total 2024 |
||||
| Quoted CBF lnvestmentFund CBFFixedlnterest SecuritiesFund |
28591.42 328.01 |
29782.03 324.17 |
||||
| Marketvalueat31.12.25 | 28919.43 | 30102.24 | ||||
| 6 | DEBTORS | Total 2025 |
Total 2024 |
|||
| Gift Aid tax andVATrecoverable Other Debtors |
13478.908976.84 5194.585929.12 |
|||||
| 18673.48 | 14905.96 | |||||
| - |
| LIABILITIES:AMOUNTSFALLINGDUEWITHIN | ONE YEAR | Total | Total | |
|---|---|---|---|---|
| 2025 | 2024 | |||
| Creditorsforgoodsandservices Othercreditorsand accruals |
189701.9911256.47 2705.643318.15 |
|||
| ANALYSISOFNETASSETSBY FUND UnrestrictedResticted Fund Fund |
DesignatedEndowment Fund Fund |
Total 2025 |
Total 2024 |
|
| rangibleflxedassets 17160.24 |
17160.24 | 22880.32 | ||
| lnves['nentassets C,rrl'ent assets ^^^t 12478.319915.02 161285-00252261.46 |
28919.43 5.25 2443.50 |
28919.43 22398.58 415989.96 |
30102.20 18909.17 243820.97 |
|
| Cur.entliabilities -12407.63-180000.00 |
-192407.63 | -14574.62 |
| of thefabricof the church;the including the steeple ofthech andBiddell MemorialFund for BiddellTrust(coalcharity)ha andFrancisspringBequest fo |
Merelina Spring Stanley tr urchandthemonuments t theupkeep of the churchy lf forchurchrepairsandha rtheupkeep of the church |
ust fortheupkeep of thefabric herein or connected therewith. ard lf for coalforthepoor tower androofs. |
|---|---|---|
| lncome | lnvestmentCash Total |
|
| Spring StanleyTrust DuvallBequest BiddellMemorialFund Biddell CoalCharity FrancisSpring Bequest |
68.11 617.45 152.91 |
2,303.66 21,332.57 5,283.20 2303.66 21332.57 227.395510.59 396.26 396.26 1825.101825.10 |
| 838.47 | 28e19.432448.753130qJq |
| Fabric Fund Music/ChoirFund Bell Fund AudioSystem Children's Co-OPFund Themovement on the restricted |
fundsduring theyearis asfollows OpeninglncomingResourcesUnrestrictedClosing BalanceR""orr""sEIP"nd"dTrans o.oo74529.7A 91.85 847.97 1914.97 2626.39 2500.00 605.42 2671.09 2758.&9 118.00250.50 0.00 2500.00 0.00 730.001550.85 |
|---|---|