## **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|
|---|---|
##
##
##