CHAIUTY REGISTRATION NUMBER 1131688 THE PAROCHL4L CHURCH COUNCIL OF THE ECCLEI SIASTICAL PARISH OF CHRIST CHURCH IJMTrLIiLEY FINANCIAL sfATEMENTS FOR THEI YEAR EfqDEI D 31 DECE4 MBER 2025 Sempa5 ActoulltaDts Lilljited Cliarterrd A¢Lountants 15 Sherbrooke Close. Sale, Cheshiye, Englalld. M33 %SZ
THLI PAROCHIAL CHURCII COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH TKMPEI RLEY FINANCILL STATEMEI NTS FOR THE YEAR ENDED 31 DECEtVlllER 2025 CONTENTS Page Anuy&l Rtport olth¢ Parorlilal Cliui'¢b Conlltll IndepcRdentE59mRneS Report stateththl of Fi112uci81 AcIltt¢S Balance S&¢el Nolt5 to tbt Aitounts JO-J8
THE PAROCHIAL CHURCH COUNCtL OF TH[ ECCLESIASTICAL PAIUSH OF CHRIST CHURCH RLEV Repoi.t for 2025 INtrOdctIO Tlie purpose of Timpei'ley PCC is to work with the incLunb¢nt and ItLell' assistant clergy ill promoling the Gospcl thilighOUt thc P.1h r)f Tinipei'ley. The Jnessage is pro01ed Ihrougb outreach, woiship, pastoral woA(, Jtsd f¢llows1iip and by ¢o-op¢ralion with oih¢r Chiisiian churches ai?d groups [13 ihe area. 2025 was an ev¢nttikl year foi. our parisli. Our oi'diiiai)d Cai'ol left u5 to be oi'daiiird dea¢on at Che%ter Catliedrdl. Tlie work with scllools coniinued with Irgul&r a5%etDblics ID ttu'ce schools atid talks by the vicar to bigh scbool SILentS. It was very pleasing to nore the attendance of cliildren ftiid their parcnts at the wonderful carol collceiys held at Chkist Chw"cli foi. Wellis]gtokn, Brooxnwood and Cloverlea sefyools. We were veiy s&d to lose nieiiib¢rs of the ehurcli in 2025 includiiig olli. sacTlStall, P&uline Liiiiiey. a faiiliful disciple of Cknythst and of tbe parish, also MaviE Rya, Palltine Cottrell, Bill Edisbury. BeLyI 141]mpl]ries and Jokn Ross. The patisb took part it] slleccssful pilgrimages to L2dycwcll Sknine ill Ianca5hiie alld to Walsingbajn sbrine it) Norfolk. The social lifr of ihE pdl.ibli lias colllinued with tsuiknerous successful and uijoyable events for fuildra1sg and fellowship. AL the eiid Df 2025 tbErc were positive sigos olyowigtt people enquiiilig aboul failb &iid alleh(lillg Yelar woi"sbip pai"t ot wbat is beitsg dcscribed as the'quict reviv31.' We aTe grateful to everyonc who works tir¢lcssly to Jnake the pa¥isli t]ourislTr in so 1)]any ways. Cliurch LocAtloll5: Holy CY055,. P8rk Roa(L Timperlcy, Cbeshire, WA15 6QG - Christ Chur¢h.. Thorley Lane, Tinjperley, Thtshire, WAIS 7AW PCC MelberShIp. Meoibers of the PCC ar¢ eitbei. eJL officio or el¢¢ted by the Anllual P.0¢bla1 Church Meeting (APCM) in accordallc¢ Ivitli Church Rcprcselltatioll Rles. Th¢r¢ are also represetttaiives oli both the Diocesan Syi)od and Bowdoii Deanery Syllod. Duijng tlie year. thc followti)g sctved as meinber51trustecs of tbc PCC.. Tlie Vi¢ai': Revd. Fatber StEpli¢i) Duiito Curate.. Revd. Faiher Tom Ru5toii Cliurcl)waTdens'. Stcplitii Taylor, Lind8 Goodcl)ild Honorajy Secrethry., Gil] Bp]I] Honoraiy Ti'¢asur¢r= T1 Bw'low Safegll2Yding OIYicei'. DLlery Synod.. Aileeii mo1 (part ycar) Kathy Mafat (part ycar) Margaj'et ThomasoD (palt yearl, FIEda Muiphy (part year) Rouba Bui&tr (parl year) Elected Mttjnbers.. Judiil) Giles (part yEai'), Groos, caroly TuiTer (part year), Lyone Aves (part yeai.) Elsse m£[abO11 N(atibew Clewes (part year). Bill Ed55bury (Vail yeatl Joan Cauutin (part yeai") 4also a Dcancry Syiiod IeMbe1. st2Trding Comwitlce.. Tiiis ¢ottunittee has legal powers to tsaIact the business of the PCC behveeii tneetiiJg5, subject to any directilS give by Ib¢ PCC. Page
THE PAROCHIAL CIIURCH COUNCIL OF THE EI CCLESIASTICAL PARISH OF CHRIST CHUIiCH TIMPERLEY Report roi. 2U25 judepdellt Ei xgmlners: SeuLpas A¢coulllaThts Ltd, CIMieTed A¢counlant5, 15 Shu'bi'ookt Closc. Sale, Cheshire. En¥lDnd, M33 5SZ. Ballkers: Baielays BaiTrk plc, Livei"pool aBd CCLA Investnettt MaDager5 Lited, (Rtgistered Office) Oue Angel Laue. London, EC4R 3AB CoYrE5yDThdence Address All ctsrrcspondence relating to the FinaoLiaS SiatemeDts sliould b¢ addrs5sed to Tllll Barlow, 8 Thotley Lan Timperley. AILiinchaTh, CIIc511iie. WAI 5 7AZ. Inve5tttst PolTCi¢5 & Re5ervts RestYi¢ted reserves are held Éli aGcordance willi the ternis undei. Ivbi¢h they are giveii 10 thc PCC and likewise llscd a¥coEdillgly to fillthttK the woi'k of tkne PCC. The level of rB5tt"Ected 16seLVe8 held by the PCC at ally ot)B time is in accordallce with the ChariLie8 ACL 2011. as am¢iided by the Charities Act 2022 8nd will vary bclwe¢ii the dales of Ihe tsptctjve Fiiiallcial Si&temeJits through Ibe applicaiion of th¢ dgDor Utri1¢t10S alld th¢ iequiremenls of the PCC. Wididyawals fro the reserves .8 authoi'ised by at least two aut]101'ssed oftjcei's olllie PCC alld all fi]ttds pass ikn.oug the PCC curreDt accothit foi. 811 expeiiditure. Tl)e iiiv¢stmenLpoliLy (Trfth¢ PCC is lo maximise Iheselurll oi) tbe fudS held, whilst maijjlaillillg instant access to fuud5 and accruig 5n1ildl rjsk. ljitei.est r&tes oll tui)ds have started to ieduce tliiough 2025. Thr avtrag¢ r2tc8"ciJjoycd" hy the PCC fullds ott deposit were CÉLca 40/ll over thc 12 Jnottth.8 to 31 December 2025. 5°/9 2024. Utllrstri¢t¢d res¢ives ar¢ held utsdeJ'llo specific terftty other than to further the woi'k of thc PCC aDd to meet the wOlg cai)ital requii"Etn¢iits of the PCC. As p2rt of the ba[1118 relatioiighip the PCC have greed to maintain at least £7,500 (£5,000 - 2024) at lY oue tiLLe in tbe cwi'ent ac¢outsi with Barcl8ys Bank plc lo avoid bank barg. ThE SaiTJe invcsimenl poSi¢y 19 applicable to Ih¢setsnresii"icled funds as Ilie i'e5tricted fund5. Tiie used for day to dayworkiiig capiisl do 0t bave a sp¢citLC illV¢St]nenl poltGy 25 aoy rcrVts above £7.500 are sbort-tenn casb flow movements. EaLIL banki day ally closillg excess on thr cllrieJJt ac¢oullt abov¢ £7.500 is t¥attsfei"red lo a deposit account t)n which intei¢$t aecrued as follow& £546 ui 2025 alld £587 ill 2024. Ri511 Assessmellt ThG PCC is exposed. as atky orgaE]i5atiott, lo Misapplpil&ti0ll of fullds by thcft, dccq)tRDlI, or inisusr. Tbc PCC lias ¢oi)sid¢red llse iiialerial iisks and lias establislied, by usc of conti'ijls affoi'ded by indepeiideiit fiiiancial illbliiutions aiid strwatioii o duties, systeins which it considcrs wiu eiiininate ally aterial opportullkty ot lEapprOp17atj0ll Df fuiids. GrJMt MaltingPulicy Th¥ graDITnaking PDlicy of Tijnperley PCC is deteLTrined by tht iLcmb¢i's of the Pai'ocbial Churcb Collll¢il as8lStBd by recotnmeiidaliotis from the cliuY¢hes' represeiiiaiives. Miiidful of the Parish fiiiancial POSiLion the PCC a maiei'ial chaiige ill tts gi'aDt makÈng policy dUrig 2024, tbe i'evised )licY Ims remaisied unch2ged 2025. Tlie PCC does Mot make grants to oihei tljarities from ils income, havittg previously Ven a percentage of its oi'diiiary Inco]¢ for the support of spccific Ch.1tres. Th¥ PCC conlkiiues to 'allt disGI'6tion to Irs imib'vidual cbuirb¢s to SlJPPDrl a few ch]lIEs by special 'olle-off' colleclioJRs or tb¢ allo¢alioii of fid5 glated by a special event beillg comrnitted to a Cliarily. In tre alld wh¢re appropriatc, 500/0 uf the amountTaitsedwill beallocated to tJJe PCC, wÉth th¢i'em8ining 500/4) bsiiig diiEcted to 1116 designated Cha¥ity. Tbe PCC alsEI contsniies to a¢l as a'banker" suppoii of claIn cl)airyties, the fndS paid out by Ilie PCC aLe sipIY thc combi¢ douatiotts of members ot the Parish to that Lharsry, ill 2025 cxamplc of i]lls"pasS tlll"Dugb" werc fvnds olle¢ted at Cknistillgl6 s•vi¢e being dii'ected in fidl to thc CbiIditn's Society. The PCC do llot PLovide gLattts to individuals, although llie Vicai" D]ay mak¢ "hai'dgbip grallls" to Individ21&, but not exceedsllE £50. Single alS ar umulated grallls to aY illsritUtiOD aDy otse tyvtlve-D]Ollth pstiod should llot cxceed £2.000. Page 2
THE PAROCHIAL CHUIiCH COUNCIL OF THE ECCLEI SIASTICAL PARISH OF CHIUST CHURCH TIMPERLII Y Annual ReporÉ Ivy 2025 Clitreb Attclldante Ei lectoYAI Roll Tl)e average Easter 2ttclldanc¢ was 135 adults ld tweiity childrell, tG October atteDd&nee, wliich is I'epoi'ted to the DioLese, ai Holy Cross was thirty adult5 aDd four ¢11[di¢ll and clt Cbrist Cliwch 40 adults attd o]ie cknild. On Cltiistmas Eve Alld Cluisullas Day 115 people attended a Holy Cotntlluiitoii service at ChEiSt Cbwcli aDd Holy Q'oss Kvith 106 of those attelldiug rersiviug ¢ominunion. As al 311 Dettmber tbert were 109 parishioiiers oil the Chw'ch Electoral Roll. Hi>iioi'ary Se¢retaiy's R¢piirt 2fr2S Tl)c PCC is a body clc¢Lcd by tn¢mbers of the P2risb of Tiniperlcy wbo on the Electoial Roll aiid is tnade up of ¢lffl'gy and lay persoim¢l. tbc PCC oversee the finances of Ibe parisb, the wotshsp offcred and t116 mawt¢llan¢e of the Parisli buildiiigs, but il also deals %'itli a lol of (lie TThini]liae of cliuiEh life e.g. decidiiig oii 1Sie use of IliB ijarish l?all. ThE PCC usll2lly njeels every 2 niollths. PCC membeiship 18 3 years for13y mcnibcTS. Tlie DeanGry Sytsod is the body whicb ove15e£s Ihc filliciioll of the tboccs¢ at a dEanery level. EleGted lay persojmel alld clcrgy me¢1 ¢Vekry 3 lD1b$ and SyTrod iiieLnbei"ship is usually foi. 3 years. Tb¢ Dioces&n Synod is rhe body wtLicit ove15CC5 tlie function of ¢lie dio¢ese a¢ dÈocesaii level &iid iMenibei'sliÈp is usually for 3 year& In 2025 die PCC thet five times. Tlie Slanding CoJJje¢ discussed one issue. Deauery SyE)od inet three ikines. Dio¢esall Sytiod met thi'e¢ times. Each titlle Et meels Ibe PCC TECEiVES a rn1claI repoit fioill th¢ Iiooorwy tre8surer discussittg the fill2JLces of tbe paiish a]id rnaterial pCditurc dtct8ioiis nde. Ill additiou to the fit]aTrccs, the chuich wal.de5 repoit respectively on what l)as beell baiJperniJg Al CtIst Cliw'cb and Holy Cross. Tkne PCC also considei. what has been bappelli at DeaDery Synod alld Churches Toget&er iii Ttmpei"ley, ICTIT). Safesuarding is always oil tbe agellda. New items are added to d)e agend8. al'e diSc$cd aud acted upon &É eac]I meeljiJB. Tli¢ ll¢w d¢fibrillator at Holy Cross is now registered, with restricted access IBS slaf¢d at wwii,.defsbfiiider.uk Tbe d]'ic ftpoljcy for IheT¢Giuilinei)i of tx-offenders was ciiculated, discus%ed aiid agreed. In MAirh Ailecn Moran aiinouNced ti)at she was stepi)ill8 down as Safeguarding officu and would be iepla¢¢d by Kaiby Mafat aftu Katby had complcted bu. ts"UilliDg. thanks 10 AileeD'S foi ber treJncL]dous work was re¢ognised at tb¢ nie¢liRI8. Tli¢ Chuich Ilcpi"cse]iiahon Rvle5 rcquiKe tbat ev¢iy SLY ycli i's aD tntii'ely new ElectOL"al Roll be crcated and parishioners musl apply again Lo bE Eiicluded oil IL 2025 wa5 oiie of ili¥ yea1"5 Ivheie a new I'oll had to be prei)aTed ai)d the re%lllif of this exei'cise deTled 109 patislMones oll the Dew i'oll, tbis was displayed iji Christ Cli.ch )d Holy Cn)s5 Jud the numbei attlluunr¥d dt Ibr PCC eetill Afiei 25 years of service VivÈenne Gj'alliliain gave notice to step domm as OFg8]iist at Holy CTOSS aud Afler discussioii HaDttah DuDioy was employcd as the u¢w orgaDi5t. Tlie Aniiual Pai'ochial Church Meeting wa5 held on Sunday. I l May at Holy Cross. Forty-thi'ee parishioiiers ati¢i)ded witli r¢n apalogies. 2 CburchwaTdells wert rc-elccled. jo7 Caulkin was elected 35 a PCC tncmbEr for 3 years. Reports were giveii by the Chuichwardei)s, Sof¢guarding offiLei", SyTrod rcprttscttlativt, [tnbet and Hollow Tirasur'. The ftCeting oftliE PC.C follttwingthe APCM took p13Ct ill JuB¢, itsePCC Secret, treasui'tti., slatiding cou1te, vitc clilir, saftguarding oifiter aEid sides peopl¢ wei¢ appointed for (lie ii¢xt 12 months. JaJi¢t Gro{ aiid Kaihy Mafai b¢¢2m¢ fyll inembets ol'tbe PCC. Th¢ PCC Icreived & r¥port ou tb¢ progr¢ss and ¢x¥¢llent woik ot Jolly Tofs. Pagc 3
THE PAROClttAL CHURCH COUNCtL OF THE EI CCLEStASTICAL PARISH OF CFIIUST CHURCH TIMPERLEY llUk)l Report lor 2D2S At tbe September in¢etillg Slephcll Tayloi. tnforrned PCC tbai John Ross had had to discontillue caring foi Éhe Cknist Cliurch gi'aveyard du6 to Ill liraltlTr. Johil 52dly died shoitly aft¢r that PCC meeting. Tlie updated Saf#gu1£ I'ding PoliGy was di5CW5ed aJd was formally adopted by Ehe PCC. At Èb¢ NOvelber meeting thc SUCGESS of tlie Hei'ithge Open Day waq Lioled wiib fifry-eiglit visitor5, Sotne wbo bad JJf>t visitcd the cburch before. There was a lot of positive f¢edback received about the day. St6ve Ibanked all thos¢ tsad Iitlped oil tlie day. Tlie Alplia cvui's¢ 8lai"Led, led by Si G¢oi'k>e's. St Albam'$ and Timperley Pai'ish. A tlY Bible sthdy group Coll[LeCed at Christ Ckurcb sttjdyintt I Corilltliialls 1-9. FIlla(la1 Review of the Ycar ending 31 DeceiDbEI- 2025 For tlie lillatt¢ial ye8r ellding 31, De¢¢mb¢r, (hc PCC delivered a large UreSIrCted deficit of £42,490 whicb is a improv¢d p0511ion wliell compar¢d witb th¢ 2024 ovciall dcliGIt of £52.555, but this re8uIt Coiitinues the pallein of rests'icted deli¢its now recojykd over several y6pts. Thus. the membei's of tEie PCC acknowledged the ll¢Ed to gellcTale additiol[ recurreot illcome and ivhete possible look to lin)it cost illGI"eagc5 YeviBW tbe ullderlylljg cost base of the Pai'i5b. ttk tlle inleki]n it 15 lik6ly that tbe ts'end of overall outgoing of u]u'csts"iGtcd rtsources will continue, alld Ilits wjll me&ll Iht Ibe Pari%lJ will have lo iely on usiTJg thc i'csti'ictcd funds lo biidge any shoKifall belwee its¢u¢ ld exp¢nditwe, 0till that those fijods arc tb¢Dtselves iitniled WJ siz¢ and by restrictio8 froin the dollor. Tlie rcstricled tiJllds positsot] liVed duriog the year due to the receipt of part of a g¢ii¢rous l¢gacy, tbe Chew legacy, the value of th6 legacy is txot yei known. but a Izrge f5( distiibulioii was rcccived low"dS iijc end of 2025, ill Ihc surt] of £1 80.000. a seeojjd distributioll ivas n)ade in January 2026 for£20.000 attda IhArd and possibly f#1 dsstsibutsoJ] is yet to be ade. Th¢ 3mouJkt of tbB legacy dists'ibuled 2025 has beell inbluded iu these fwan¢i81 StateIneIS and re¥ulis in a balaii¢¢ oli reslTicled fuiid% of some £302,765 ai Ihe year eiid. The leg2Ly has a common re5tTiclion in IliaÈ Ibe Will dir¢¢ts fvnds to Christ Chuycb, Pari&h Church. to bE used at tbe th"s¢retion of tl)e Vi¢aT Church Wardeiis. Cousidcring U]]restticted position iii moi¢ d¢l&il the Unresttieted InGoniitsg RLsollrces liiicomc) Ivas £114,125 and e Totsl Re50uiLes Used (expendiwr61 £156.615, leadg to d]¢ urn'rstricled defiLlt {Eiel outgoiJg i'esoui'ces) DI £42,490 tliis when cOpared lo the deficit of 2024 of £52,555. The Itduciioll ill ¢be 2025 Ullrestricted deficit whe clIpared with 2024 is ¢aused by a rcductiojj in inco]lle offset by a n)oJ'¢ sÉgllificattt r¢duCh0 in cxptndituie. ExpeJdituie has decreased gigiifTcaiiily fi-oi that of 2024 in several al'tus n&lllEly Porisli Sliaie aiid Repaii's and Maltjielllee, as higldigbtcd in last year's i'eport, but 5avillgs would bave beeii greatcr had it lloi beeo tor expendiiur¢ inClEases stvei'al oÈhti' ar¢as, such as oi'gaTLiSt costs. 3Vey.d Cost alld itellxs tteeded for oui. sVices. A FeViCW of incon)e biElilights In incoining resou¥¢c5 dollot4 Section 28, Ibci'e has beeD J fwihci. Irdutition in planiied VIlig in 2025 whwi coinpared lo previous yeais, somc of wliich has beei) Ye¢oveied iii iiicrea&ed plate eollectio1. In Sectioll 2c, tl)c vrLE Oll tbe row 'Hire of Ilalls" shows a loss of iTLcftnie of £R,415 tl)i% is Ilit iini)x¢i oltbe filll y¢w tffecl of ibc IDS5 of tbe Elthsctst Hall Ilire iDEoine froits Scpteinber 24 a g¢ncYal iedu¢lion use of the klall. Iri1]E 2025 the PCC had securtd ts¥o ll¢w ball bookings with Tilly Teeh and the MPADiY Café Day Ceiitre. both had unfoitunately t¢¥ininated diell Le5peGtive bDolarJ8 agreEIDBots b¢foir the yw. end. The r6Latively bigb intei'est ralts cjijoyed in 2024 Seclioll 2L. conJpaiEd 10 pi'eviot25 y¢?Y8, reduced iii 2025 h.rse with Bank of Englalld decisions a]id allied to tbat, a rBduGtioll ill funds OD which iutcrest iva5 beillg gcneraied saw att overall reductioJ, rcalisillg some £9,738 of lot&1 inl¢ie5l. wliicli COLnpai'ed unfavourably lo Ilie 2024 iiTrtei'e5t of some £12,970 beiiig a decrease in ii)teresl income of £3,232. Page 4
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH TlPERL[l Y Annual Repo7.1 foi. 2025 Resouir¢s Used (exi)endiwre), Stclioii 3, details a decrease in ove1?11 exp¢nditUTe alld a f&Yourablc vaiiance agai115t 2024. thE Parisb ShaFe position for 202), Cotributed Ihi5 reducti()n, alld Infornli0ll on tbis is detailed lat¢r tJ tbi5 repoit. As liiglilFglited above. levels of Repairs and MaiiTrlEnaiiEe, secli(Mi 3b, wer6 iiiatciially below that of 2024 giveii the iion-Iccwi'ent ]Trature of most of tlie 2024 expenditw'e. Also inclded witbin the figurcs at scclion 3b, are a couple of large V¢Wituices to the i)i'evious Ye., (be inueases ill Clergy Housing Costs, all Df wliith should be a "one-off. 8re explaied by Tepairs to tiic wall rei)der 8t 17 Graaigc Av¢iiuE. Thc iiicrease zii Orgalli51 cosks is due to the appoI[rent of ahj employcd orgatiist foE Floly Ci"oss. Service itejns hav6 also inci'eascd tbtough $6vcral one-off ilclljs including the up@rades lo Ilie sound system 91 Holy Cross Cliurtli and pllicl)as¢ of bcLtei' mio'opliones. And Finally iii Ll)is section Il)e inLYLase ill Gixveyard Costs is caused by moi"e. trct consbNatiiJn taktng place in 2025. Tl)cre were Jioillcreases Fixed Assets dllriiig tb¢ye. but therewas a sigtufioaiit it)¢reast in cash balatsceg, tlie chaoge in 2025 woiild have been greatei. wei'e it not foi. the need for the CCLA gelles'al fund reseive 'top up" Ike Barclays deposil accou]Jl, wjjich itselchas decreased, the arnout was £30,000 agaill iii 2025 to 5UPPOft the £S1Cted dtficit. Nolu)g the collunenls oll the aiew legacy above, Ihe cash baSallceg ittci'tased oveiall, bu( tlie PCC will ted IlieVic8r and Churcli Wardellg agreettkcllt lo coiitillue vsiug ridS desigttated to Ihem foi. ODgoing unrcsiricled twdiwre. Total UllrG8lricted and Restl'i¢Lcd Fulld5 at 31M D¢¢emb. 2025 were £797,482 (2024.. £660,596) ST ATEI MENT OF TRUSTEES RL8PONStBILITIES RESPECT OF TIIE TRiISTEES ANNUAL RLPORT Af4D THE FINANCIAL STATEMENTS Under ¢lJarity law, th¢ $tec& 'e respoosible foi. pr¢pw'iog ¢lie Twiees Atlla{ Rq)ort attd dje f)eA41 stateJeDts for eacli fittallcial year wlllch propei'ly presei)I Ibe stat£ of affairs of tbe ch.ity and of tbe excess of iiicotne over penditw"¢ foi. that period, In pr¢pltyg thes¢ flliollcial state¢lt5, geiEeEhUy acccpted accourttjiig pi'acti¢c uitaEls ihot tbc truslcrs.. select sllitable accoullting policies dnd Iben ai)ply them consistently. JUdgeet)IS alld estÉillate5 tbat aFe i'easonable alld piwdellL slait wlielh¢r ibe finaiiGial 5talements Comply witli Ihe (Iwt d¢ed, subjecL to any maleiial deparlures disclosed atsd txplaill¢d ill th¢ fiJ]ancial staten)eiilS. pyepare the fL2]ai?ci&l statentS Ib6goiDg CQllceiJi basis uJl&ss itis inappj'ow'iatetopresume Ihat the cbJiity will Coiilimi¢ its a¢livitie8. The ti'uslees are requii.ed iu OLL in abcord¢ with the tn]st deed of the clity, w&tknill the frunework of knt law. They Ere I'espoLib1¢ foi keepi1 pioper aCcoulltii record8, sufticiellt lo disclose at any tie, witb r¢asonabl¢ a¢cura¢y. the finllncial positioa of the cliariy oi tbal time, and to cllable the tl115tees to eo5ure tliat, wbei'e ajiy 518tCLneiitb' of accouiils are pi'cpayed by tbe]n tLlldeT secti7 13211) of tbe Charities Act 701 I, as amaided by the Charities Act 2ll22, tO$C statei)Icllts ot arcouiils ¢oinply witli the requirem¢nls of i'e8ulations uDdei' that provisioEL. Tliey havc geDeral resyoiisibility for iaking buch steps as ale Yeasoiiably open to Ihem to safeguard the assets of Ihe chariry aiid to preveJ)L and deteel traud 2L)d other inc8llE2ritics. PagB 5
THE PAROCHIAL CHURCH COUNCIL OF THE CCLESIASTICAL PARISH OF CHRIST CHURCH TtMPERLEI Y Annual Report foy 2025 2025. Élio followiug served a$ Trll8tee$'. REvd. Fathei Stephen Duiito Vicat- Cbair R¢vd. Father Tom Rustoii Cui'at¢ Steplieu Tayl Lillda Goodcbil¥J Churcb Wadl Chui¢b Warde (jill Bulpill Honoiaiy Seci'elary Tiiii Bai'low Honorary TYtasui'&' Margarci Thotnaso Fred¥ Murphy Rouba Bi]nko' Deanoy Syttod (purt yurl DeaY Synod (pa]t year) Deall&y SyBod Ipait y¢ar) Joall Caull(É KaÉliy Mafat Judith Giles Elsie McMalM)D Jaiiei Gioos Cai'olyll Turller Lynoe Ave5 Mattbthv Clcwcs Bill Edisbury Ailecii Morall APCM APCM APCM APCM APC APCM APCM APCM APCM APCM (part yearl (pw'l ye) (pail year) (pdit year) Ipait yearl (p"t ycar) Also, a Deaiiery Synod Meinbei. SQDed behall" Df Tlrnpedey PCC DAt¢.' 26th M#r¢h 2026 Chaly: Revd. F.gtl)ci' Stephen Du Page 6
THE PAROCItIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRISI. CHURCH TDAPEI RLEY DLI PENDENT fi xAMI1 R'S REPORT TO THEI PAROCHIAL CHURCH COUNCIL OF THE FCCLESIASTICAL PAIUSH OF CHRIST CHURCH TU¥IPERLEY I report lo the tIlJSlees on My ¢%amillalioll octhe ¢0t5 of thB &bove charity (its¢ Tru%t'J lor the ykar ellded 31 Dec¢mb. 2025, &rc scl oul on pDg£s E lo 18. REI SPONSIBILIT£S AND BASIS OF REFORT As the PCC you Jre iesportsiblo for Ibc prLpdTatlo of accowiL% in accordyllcs wilh tbe lrquircD)clS of ille Cbatiiicg 2011 (Ui¢A¢l'l as aiiiEDd¢d by dje Chayilig5 Act 2022. I rcporl in Ir5pec(of Iny exaiiiinalion of IIiE ClitsriLy's wcounls ¢arri¢d oul undcrs¢Gliot] 145 of tlie ?Lll l Act and in canrylg tTry exaEDiuation, I Iv¢ followed all the applicabl¢ D1TeGti1S givctt by Ibc Chaty Co]J]MiS8ithi undtrsecrioii 14515Xbl ofilie Act, IILPENDENT CI XAMllNER'S STATfiMENT The chasity's gross inco1 ¢xceedcd £250.000 aisdl aJJ] qu&lifi¢d lo ulldertaL"e th¢ ¢xalliin8tion by bcillg a qu8]ifi¢d 2ber of tkne Jnsuiule of CbarlCi'edA£cOwiltrS lor ls1£d andw¢S. T liav¢ con)pleied ffly exaniinaiion. T confirni IhaL 110 I&[eid7 Inatters hawc coine EO tny allcntios) in eonneclion willi Ihc ¢xaiiiinaiio Yhich 8ives me caus¢ to bELi<ve tbat Ib, aiiy D]3lcrtui Irsp¢cl', Ilie a¢countiTrg r¢¢DI'ds we1'e hD( kepi iii accoi'dwcewiili seclitsn 130 of tl)¢ Cliai'itics A¢1: oi. the accouttls do uol accord with the accountiog I.erdS,, QT Ilie &¢¢ouD15 do llot EDinply with the appli¢ablB iequii'emettls ¢ollcernirtE th¢ fol* artd ¢otir¢llt of Bccowits seL Out irL thc ChRtities (Acrouuts Rlld Rqjoils) R¢gullltions 2008 othei" than any rcquiretuent Ibat Ihe accouuts give 'tNe and taiy, vifftv whicii is ttot a maticf coii$id¢i'cdas parl of an independeni an11atIOll. I h2veJio collceiLs ld bav#c0C act0 llo other Éll8tters ill collnectiollwitb Eheex3n)itiatioll lo wbioh #tterliioii gbould be drawii Lliis I'epoit in o¥d¢i' to enTrbl£ a piDp£runderstaTrdii8 (kf (he actounis lo b¢ I'¢aclied. san Suclioprk fcA fth- and on bdialf of: 15,Shcrlirook¢ C105 S31e. EDgl2lld. M33 5SZ r)it17 2oZ6 Page 7
THE PAROCHIAL CHURCH COUNCtL OF THE EI CCLESIASTICAL PARISH OF CBRIST CHURCH Tlll(PlI RL[I Y STATE[l¥lT OF FINANCtAL ACTtVITIES For the Year Emded 31 Dceembey 2025 Unj'cshltted FuDd$ Restyicted Fullds TOTAL IIUNDS 202S 2024 NOTE INCOMING RESOURCES hiromiiia resouices from dolloi3 21al 62,032 62,032 62,956 Othet voIDntJry inconuo¥re%ow'ces 216) 17,447 180,OQO 197.447 19.178 lJ]comcfrom charitable & ancillary trading 2(¢ 20,847 20,847 32,509 OIIKT QTdiiiary ittEoniing r¢sources 21d) 7,709 7,709 9,442 Incom¢ froTn lnvestsnentrs 6,091 3,648 9.738 12.970 TOTAL IIYCOMING RESOURCES 114,125 183,648 297,773 137,055 IiESOURCES USED Gts 31a) 1,416 1.466 Activities (tirtcdy r¢laiingto the work of the chuic 31bl L41,255 141,255 167,237 FuDdrdi&itig aid publicity 31G) 30 a)urch niarjaswenl & adti]IlsEfsjti0ll 31dl 13,944 4,272 18,216 20,877 R¢5th1io]i & vthcr WOTks 3(¢1 TOTAL REI SOiIRCES USED 156,615 4,272 I60W87 189,610 NET IOUTGOING}RESOURCES 142,4YO) 179J76 136,886 152.5551 GROSS TRANsfERS BETWEfN FUNDS GAs AND LOSSES ON TNVESTMENTS ReJiscd Unrcalised NET MOVKMENT IN VUNDS 142,49ts1 179J7fi 136186 {5Z.5551 BALANCES BROUGHT FORWARDAT & JANUAKY 2025 537,207 123,389 660,596 BALANCES CAIWED FORWARD AT 31 DECEMBER 2025 494.717 302,765 797,482 66#.596 PsgE 8
THE PAROCHIAL CHURCH COUNCIL OF THE KCCLESIASTICAL PAIUSH OF CHRIST CHURCH TlllIPfi RLII Y Balance Sheet As at 31 Deeember 21125 2025 2024 NDte FIXE, D ASSETS Taiigiblc fix¢da85¢ts 388,348 397.237 CURRf, NT AssFf6 Debto C•8h al bank and in li&iid 11.002 404,108 10.990 264.089 275,079 LIAIIILITIES: AMOUNTS VALUNG MryTHtN ONE IE4R 15.976) 111,720) TIET CURRKNT ASSIZTS 409,134 263J59 NET ASSLI TS 797,48Z 66tk SY6 FiiNDS UJMutti¢tcd Rcsliict¢d 494.717 302,765 537 ?tJ7 123389 797.482 660A96 Approved by the cbial Ckurth CouAcil on 26 ' 2026 la sigDed on its bcb8If by.. T J Barlow.. PCC Hollorary Ta5ter Pagc 9
TUCI PAROCHIAL CHURCH COUNCIL OF ECCLESL4STICAL PARISH ofi CHIUST CHURCU TIMPERLEY NOTES TO THE FllANCIAL sTATENTs ri DY the Year Ended 31 December 2025 ACCOUNTING POLICTES Jlasi5 Df pieparation Tlie fill8Cial st81e)))¢llls bav¢ b¢ell piepared ullder tli¢ historical cost collvelltion WiFh ite5 YecogDised at COSI oi" hansaction vatue unless o(h¢iivise slated ill Elle Ir1ev1 holeg lo diese RccouiiLs. Tlie Flnancial SlalcmcRls hi1VC bcru pirpai'cd iii acGDI'dancr with tlk¢ Chai-llics Acl 2011 as alt]ided by Ilje Cliarities Act 2022, CbaTitiES (AGcoimls w]d Rrpr)rtsl Reguiatioiis 2008, staeelIt of ReCom}ded PTactice OD Accouniiiig 2nd Rei)oiting by Chai-iiies SOTtP IFRS 102) and applicablc ae¢ouMiirng SladrS. Th¢ fiiiwicial stalcments are prepar in St.11t1g, which is die fullctioral currtncy of tbe e]]fJty. b) JudEcmeDts AJ]d kL'y SVUI'C¥8 vf estimativN uLcei'i*knry Tlie pi-epai'gtion of the finantial sLattmen I'¢quire5 Ilie Ilustees Its mafie judgvin¢nis, estimatcs and assumi)lions Ihal affe£1 Llic ainounl& reported. Tlitse estiatr5 and ju¢JbJ¢Oi¢ttts air Eontitiuauy revi¢wed alld ai'e based Dll exp¢iienc¢ otb¢i faclot5, 1Cludi8 ¢xp¢¢Liriolls of fuh]Te gV¢liL8 that arebelieved lo be r¢asoMable tliE cirGutnstaiir£s. Sigiiif5canr j18£ents There were SiglfiCaD¢ judgBmEDls tbal M80ag&t1 bas made ID tb¢ process of api)lyiii8 eDtity'5 fjCCOUUtÉllg policies. Key souree5 of esiimalion ux¢ÈrtaiDty Accounting es11te& alld Dsswuptioas ll)ade cotsceming th¢ fvtrJr¢alld. by ¢tIr naNr¢, vrill w¢ly ¢qug1 tli¢r¢13ted a¢ttJal oulcoinc. The kcy a$0)ptiODs ?lld othEE" sources of csiimatioll uncert&inty that bawc a %ignificallllll8k of ¢ausillg a attal 8dju&rmeDt 10 Ibe cawitig ain0U[S of ktssel% and li&bibtie5 Wlthin thc llcxt y¢arar¢ as follow8.. Use1 ¢cottoinic liv¢s of iangiblefixed 5¢ As dttcribeLt in tlie accounting poli¢i¢s iiote to Ilie fiDancTal stalcii?Enls, d¢prt¢Iaiin of Iwigibl¢ fixcd assets has been b&sed on ¢¢onoinic Ecfi)I liv¢s alld iEsidual values de¢ed appiopTi#ie by tli¢ PCC. E5tilliatcd use1 livcs and Tesiduiil values dFertvicwcd dnnually 3Dd rev%5ed as appiupi"&At¢. Rcvisious collsidci. estimated uscfyl liv&4 uscd by oibcr EnEiiiGS op11]g iti Ihc s¢tsoi ojjd actujl ass¢t lives attd sidua] values, lis evidettced by disp)sal8 duriiRg cwYcDt ADd prior &ccounlirLE peiiods. Fumds The Liesiri¢l¢d Fullds hcld iti Iht Parisb Buildillgs Futtd, Iv¢i'e used to Suppori thepurcbsseof 17 Gra]Jge Avekwc, Ihc Nlauied balallcc i% I be usej foT Iniijof Trsloialioll and buddi)]g WOFI4 00 Parisb buildiDg8. Tli¢ Cb¢w l¢ga¢y WBS transfeed aft Ihc yeat-cod into a scpaiale a¢coullt ai CCLA. tk)e resl¥ictioJi appbed 10 tlS legacy is IIL81 it cali ortty b¢ used at the disc¥etiOfL of tbe Vicar 2nd Cbuych WdeS. If fwaliei. restricied fiuids "C IcBcRvcd, tbey will bt held in a sep.L¢lY Te5tsicicd accoulll Hnd illay only expEnded tbe sp¢cific objeEt for wlllch Ib¢y wei% ve. UDrestiicled fuDds Genernl fwids, whith ¢an bcus¢dfDr PCC oitbllary pmp(kses. The lujancsal 6thEeJnenis itiLlud¢ all traDsartiDll8, 4&sels 2nd liabiliti¢s for wbich the PCC is respoiisibl¢ law. Tli¢y do bioi includt Uie fi]iwcial st&temettts of oihei. Bliurch groups tbal owetheiL'maiU affiliiitiott lo auotheg body. Doi" Ibose that illfonLial ga(heriiigs of iiieinbcrs. d) Pled giviug, colleciitsLS alld doJ)otlOJls rErolS¢d wheu I'ec¢ived. Estitnales of thx IEfiJllds for Gifi Aid arcit¢tsElliscd iti Iheyeai iii wbicli the its¢oi))e is 1ve, Llthougli pawne]Jt is rcceived by r¢claiJiJino Gift du¢ froui HMRC aft the y¢at d. GraDI5 and legacie3 ure accoutttd for INliell EIIE PCC is legally tItIC (o the aDiouJLg due. kntErest is accountcd for oll art acciuals basis. AJI otkn ittcomc is iecogttised ivhctt it is r¢cBivabl¢. All itico]n8 resou¥ccs atc accoutticd fDr wss. Ajmouttts YeIVed specifically foi" Tjje Parish Building Fwid aT¢dcalt witli a5 Testsicfed fids. Pa8c 10
THE PAROCHJAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARtSH OF CHRtST CHURCH TIIPERLEy NOTES TO fiINANCtAL STATELIIENTS For the Year Ended 31 December 2025 ReSUrl¥S Èxyed¢d Ciraiits and donations 2Yt accoiintrd forwhEll paid ovei., Dr whell awarded. if th31 aw3Td ci"calcs a binding obli8allOD on die PCC. Tlic Diocc84n Pwisb Shar¢ is accollnteo forwb¢iipaid. 011}"¢50Ce& cxyelldtd ar¢ calclllated on the accrn&ls basis. fii¢y ate8PCCiticaUy aÈliibuled lo the CaLegOiy of ¢xpelldiiwr io Ivhich Lhcy r¢lar¢. Al cxijendihiyc is accouutrd FDY gt058. Tangihlo nySLt5 Taugiblc llets initially recoidcd dl GQSt alld subscquelltly sidted ai l¢.45 aiiy iiccujmulalcd dcprcciatioJ] ioipaitmeDE losses. Any laiibTible Hsscis carricd ai rEvalucd amounis are Yecoi'dtd at Ili¢ fair value al IIIB dale of t¢V21llaiion less any subs¢qucnL acculllulad d¢pEeciation alld subseqll¢nt ac£umlllGied it)Trp¥inDRtIo8SFs. D¢pl.latiO Dep¥e¢i¥tioll is Calculated ai rhe tolloiviiig Tates,. FixiLires ]d tilliDgs Etoly CYos8-Dcw ksiche Storage fècilily 20/D p¢r auniiin oij a redllciDg balDnce ba8lS. IO¥D JKY oiinijtii a s1171ghi-1iuc basts. 4/0 per aDDUIII Ott d 5tEaighi-lilleknsis. Thtt iiknrcliase of Ihe pperty in 2017, 17 Oiang¢ Avenue, Timi)eiqey, is sialcd al ctssi, w thc PCC LKlieves tlie equiLy share value is al l¢os¢ equÉvdlelll to thc STatt#)•il of faClaI position ylie, thus no Ocprecialion is appbed. h) IpaireI of fix¢d a55¢tS A review foi indicatDlS of ipaIr&ienI is carrieil out il Portin- dile, wlh the TecoveTablc attoutsi bting eslimaied ivhctg sucb ii)dicaiors exiil. WhErB the canyitig valtse exceeds iht rtcovei'&blÈ die as5cI ib Jmp8iicd aLcorduigly. Realiscd gains orlos5C5 ate iTLObnll8cd wh¢n tbe illve5nDcnts are sold. CoR5¢cYA*cd prope &Thd 0Vable furni5hiDg5 Consccraled Dnd bcnefi¢cd i)roperLy of any l¥sDd 1% exc1ud¢d froin tlie finan¢i&l slaleiri¢rls by5.1012llll} of ilic Cliai'iti¢s A¢1 2011. DA0.ble cliui'cli [nISt)i11S Iteld by the ViGai- and Chui'cliivaide115 Olt special lis[ foi. Ili¢ PCC ad,111Cli i-equiiE a faGuliy foi. dispos 3r¢ acioullied foras iLiali¢n8blcpropetryuuless COUSeCidled. Tbey Ii5ÉEd iii thr Cliwcb's iDVClltory,wbicl) be iiisi)cctwd tlY[Cas0bj[ iinie. Eor iDa&enryt ble PYOPErty ACqiiiTed i)iior to 2003 Ihei-c is insufficicnl ctbst illformatioii available and IlieTefoi'¢ sucli asscts are llot valued in Ihe finii 51rLleinenls. Tlems ncquiied since l Jfjnuaiy 1003 hBvL'been cTrpithli8ed Jnd d6pi¢ciaEed Ilie findneiJl Sliliem¢nts over Ili¢ir ¢Tr5)i]Y llniicipaied Usef1 lite initially ovcr 5 ye8 o]J a Straigbi-IillC basis. I GTpcIiditsJre illrw'red in the ye&[ on £ODStGraled 01 beDcficcd budduw5, illdividual ilcitss uJ]der £2,000, or lin il)t repair of IJ]oii#ble chutdi furnishiRgs acquired before l JanuaLy 20t)3 isiviilteii off. IhE Y¢.. th¢ PCC cauycd out no matekialwork ott th¢ ¢ons¢oratcd 01 bEncficcd bUildB$. Pag¢ 11
THfi PAROCHIAL CHURCH COUNC ofi THE CLESIAsTIcAL PARISH OF CHRIST CHURCH TUVIPfi IiL[I Y NOTEI S TO TIIE F]F4ANCIAL STATEI MENTS For Ihv Yetti. iÈded 31 December 2025 k) Provlsions PTOViSiOnS are recognised whell Ihe eoriry obbgatioD at reporting datebecau52 of a pasl Evclll, il ispiDbablr Ibat tlic uitity will be requiicd bj Irangfcr c¢onoinie benefits. in s¢lll¢iiittiil. and the of11)e obligatioii can bees15Th3ted reliably. PlVIsIonS arc i-2t0gl8Cd as a liability ill ¥he stal¢]nelli of fiLao¢ial positioll alld Ilie Jmoutst of th¢ Provisio as an cxpcDse, Provi6105 &e iwti#lly m¢asw¢d at thc b¢51 ¢siiiuat¢ ofr'tb¢ amount required to scttle tl]e ohligatioii at the 1¥po2ti£ datr and sllb5CqUClltIy ¥¢vitwed cacb rcpoilitt dai¢ aDd4djJsted fo rellect lh¢ cun"¢Thi bc&t C5tiD]ale of the amouLt Eh2twollld bereq1d to sdile obkngatio. Ally adjuu]ents tu the wnouDls previoubly Tr¢ogDi$¢th 8fsTecogttised i)) s¢al¢llieui of fin3D¢ial a¢uvitiBSUDl¢s5 PTDV15iOJ] wa5 Diiguiaity recogtiised as PaiL of tlie cost of aa$s¢1. A kntial assti or a fiL]ancig1 liDbiiity is iEcog]]isuI Dnly wliEll tlic cnllty bwomt$ 3 party to Ihc cottttxctual provisioyks of tht 111stsullicnt. B3SlC tm1)Cial mistn]m]IS initisllyrew&iisEda(IhEITs1rtiOiipr1cÈ.WeSS theaTreTrgEll cTrDslimies a tsactiOn.lIerE rt is rccogi115ed al Ihe present valD¢ of the fvlure i)ayinell15 discollnled ai x niark¢l iylc of In([ foi. a 8iiiiilar debt insliuiiicnl. DebE snslmmenls are subsequently nic25uied at 41llDrlised cosl_ Othei" itistrullieots, iiicluding dEiivariiles, xte InitilY recogllised at fair value, uulE5& payttLrut tor ossti i$ detcjyed bcyonil busilless Ictlll5 DI" fJllan¢ed at & iBle of itileiESt ÉbAL js l]ot ll llw4cei Jate. ili whi¢lk ¢as¢ the assct is eDSEd al IILe piuenL val)the of thetEJtiJre Paym]ts &scDIth(ed ai a owkct rale ofinttrESt toya si1]rdebt llLsÈn]melll. Fiatla[ assets Ibat are n)edSIITtd a( coscor s]nottised ctrstare revi¢wed forobjective evidcncc uf iwal1t atlhc oltath rcpDrttiig dor¢. Irtheye ES objc£liVC evidcJJ¢c of iwpalljnetti. iJllyinDcnl Ios$ 16 1"ecogtsisedin slafelt of fJJJsDciai activities immtthately. roi'dl equiry 1llSttutnrtS icgaTdl¢ss Df s&glliticall¢t. alldotljci. riDclaI as5els tbaÉ ar¢ i])dividu3lly sigfICallt. these art a55essed inthvidually for iojpainllaii. oihu tU)u(la[ a5setg aYeeith' asses5td individually 01 ba5rd Dll sllnilaT ¢icdilrisk charaaeiistscs. Any rcvei-sals of iinpairillentair rEcogiiisrd in slalemenl off1nancial aclivi(ic6 imiM¢dialcly? 10 IIIE eXlBllt t1131 Ilit rw¢rs&l (Ioes nol I'esull a catrying a0t olth¢ finallciai a¢that excted5 w&dt Lli¢ Ganylljg atlloulltwould Iiave beeJ bad th¢ iJJV2iTkuenl llol pieviously btcm recogllised. Fittancial instiiunellls arc ClasSriedld accoullled foi., according 10 Ih¢subslaiiG¢ oftbc coiitt7£tllal T]gEment, as ciuier fiDa)ICi 8ss¢ls, finapcial liRbili¢ieb, oi. ¢qllY ii)sttumellts. An equity lllstw¢t is ally conrracithat evidett¢¢s a iDl¢re$t i Ib¢ 258¢rs of the clllity aft¢i'deducling all its liabilioes. Gdihg Comcer Tlie diar&ty kn&s rea]ised all unr£skncr¢d defi¢it ot'£42,490 fD> 2025 alld a JrsttiEted 8U5plus of £179,376. thus bSed oJ] I S-jnonth cashflwpiDjectiort i'eviewed aod approv¢ol by tbe PCC ilt its ¢¢£]8 of 261 th¢ie is A cash ieqtsiFemeTrl of £60,nOn trt ht iiiide available to TEuslre5 of r]JE PCC, froill fwids dc5igllaled io its¢ Vicar alld Chutcbwatdells. As a re5uII, Ibc Tiusl¢es, wbo ui¢lud¢ tbe ViLfLr ChwchIvard1s bav¢ disa]s5ed a8frEd that liuidingwill b? madc availBblr ID Foiitiiiue Hs a goiug collceni for at leas1 tHfelve Page12
THCI PAROCHIAL CHURCH COUNCIL OF THE EI CCLtSlASTICAL PARISH OF CFLRIST CHURCH TIMPERLEI Y NOTES TO THE fi llYANCIAL STATEMEI Tr4TS For tbe Year Ei nded 31 Deeember 2025 TNCOi¥UNG RESOURCVS Unre51rRctcd Funds Rt5tritte TOTAL 202S IqINDS 2024 Funds 2141 PlaDned Giviiig Tn£oiMe Tax rccDircrablc on gift aiil oll¢Gtions 37,180 10,949 13,868 35 37.180 10,949 13,868 35 39252 11,323 2,3?5 55 62,032 62,032 62,956 21bl 01h. i[01Y iiifoi+iiiig ruoiirces 1,416 396 8,433 7,203 ,416 396 188.433 7,203 1.466 51& 8,772 8,422 Parish restoiaiio Donations and bequesL% F¢iÈ4 2nd oihct 5PfCLal evwls 180,000 17,447 180,000 197,447 19,L78 21c) j11L1eIroJP1 clitt?'iluble & aULillaiy ndilIg Hir¢ olHaUg Fees due lo CDBF Oiieto PCC J3,905 2,62Q 4,322 13,905 2,020 4,322 4.913 5,276 20,847 211,847 32,Sl)9 2{dl Oiher th.diiiaJy TIICOllllfig rEKOIii b]surnnce iDCOlht Rent lllcome GTattt Ihcome 7.709 7,709 7,692 ,750 7,709 7,7119 9,442 21e) Inr¢¥¢s1 6,091 3,648 9,738 12.97 6.091 3,648 9,738 J2,9711 TOTAL INCOMING RESOURCES 114,115 183,648 297,773 137,055 Page 13
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLKSIASTICAL PARISH ofi CHIUST CIIURCH NOTES TO THE FINANCIAL STATEMENTS For thcyear Ended 3A December 2025 RE,SOURCES USED Unrc5tricted Re5tri¢tcd Kd0)YMent FU$ TOTAL 2025 FtrNDS 21124 31a} Granls Ouiwaiyl 8iving 1,416 1,466 1,416 1,416 1,466 31b) Aciiiillies dii'ecily rElftling io Iliewoi'kof Miwslry Parish sliare Cleiw ¢xiieii8es Clwgy housing VisiuDo cleY 64,671 2,926 11,320 64.671 2,926 11.320 75,344 2.680 9,066 0[glIS Choir and tllusit OrgAnlp13no iiiaiTrlenance Ligbt 2nd heal IVLtCl- IXI and us&ge ¢liaiEes Iiisurallog Repaits alld llTraiiitELattrtt atanin¥ Srrvice ite]ns 6.120 274 456 2,063 2,466 6,078 10,082 1.600 8,029 250 840 10.262 49 880 30 2,860 6,120 274 456 12,063 2,466 6,078 IlJ,082 1,600 .029 250 840 10,2G2 49 880 30 2,860 3,970 540 925 11.674 5,8OS 18,228 1,600 3.399 65 356 5,770 - Consumables Books and olli¢i' fitti*gs YouJ]g Persons Ministry Grav¢yaiQlgYotsn Flow¢rs lieiieai Costs Dio¢ese alld ¢buroh¢s togetbei. Feek duc lo CDBF 4,527 141.255 141255 167237 31¢) Oiher cosis 30 31b 3{d) Plulltitttt postsge, slalioueLy 7,827 7,827 7,056 Events aijd Other c051s Legal cosL5 cliarg¢s Dcpr¢¢iatio idw¢JJd¢niA¢c(kuniallts 3.144 4,618 1,50D 4,272 8,889 1500 9.128 1,550 13,944 4,272 18,216 2D,877
THE PAROCHtAL CHURCH COUNC ofi THE ECcLEsSTllcAL PARtSH ofi CHIUST CHURCII TILIIPEI IIL[I Y NOTES TO THE fi tNANCIAL STATEI MENTS For the Year It nded 31 Deeemb¢Y 2025 Uiirr$tFlttcd liund5 RSrIcttd TOTAL 2025 iqINDS 2024 Funds 31e) Ravioiarioii apidorlJe7' iyoi'ks suiall£e Work Masoniy TOTAL RESOURCES USED 156,615 4,272 160,887 189,6JO STAFf4 COSTS Tbe PCC empLoys two orgalli51s' they are paid iespB¢lively £2,75012024.. £2.7501 aDd £2,340120?4'. nil) Thc PCC Lotttillucd to Ln]ploy d parl-littjc Othce AUl&tial0i. in 2025. Tivo oiliu. Djctllbeis of tbc PCC ieceivtd paymeiii for 5ftvices provtd¢d to the PCC, bDth proi'ided Verger ge1¢es, the ioial received lll 2025 w¥5 £41D12024.. £010) for SEtvicBs piovidrd to famiLies at wcddiDg5 alld tullerals in iEJe Parish. EThcludiiig cl¢igy exyefigcs, tlaimed eath nionlh iii 2025. IliiEe iiTreiiibci'4 of Ilir PCC el&iine41 ttmounis foi. JEiinbursein£rnl of expendi11t Ih¢y incurred dlitt]Y on behaltof thc PCC, tbis was Iliesame as in2024,wb2re thEMe01btrS ot'the PCC, also claimed reiTnbuTK%DCllt ot. exptnQitur¢ iiicurr¢d on bElialf of tlie PCC. Ally amowiis illcwi'ed hav¢ been 1'epo¢d agauisl th¢ iesources wd hcadiTroÉ abov¢ wete &lleutred fok. cfficirAiCy, Ihe levd of ¢xpcTJthNt¢JJidy vy. Ye lo yew. depellding 1) th¢ iyp¢ of J)rDjccig thaLarc beg w]dertakeL. SALARIES FOR MINISTERS ThE PCC docs iioi diTeclly i)ay for Ilie 5al31ics of tts miiiisiers. Ilitss¢ air paid cBnÉi-ally. pEimaTily by Ihc Diocesc of CliesLVT, but ivilli 50111¢ iitiuD31 Stipelld support cotJIlg &o]n die Cliurcb CoixiiiiissÈoneTS. ie PCC suppov(s ils clergy a¢QoTdl¢c with geiicraily ac¢¢pied priDciples of rbe Cburcts of Ellglandby ¢orLthbutin¥ 10 Ibt provision of clergy housiiig. couurii tsx. alld tbc Jeinibw¥¢tDeJ]l Otreasonable PaTish r¢lai¢d eXPEllses. The PC.C. coiitsibutcs lo a ¢Ilr1 fid to 85sisI covetinR Dioces&n sa13ry cxpcodi¢urc through "Pdrisii SbBT¢." Mo6L of their exp¢lldinJr¢ telaies 10 ¢leigy SllPPDlI. Tht s¢hcmc lfjsi i'evielvcd it) 2011, aLd thc slandaydpaiyshsbairivas rcsettll 2012 alld uJfl3iedeach swbsewenl yeai.. Tunp¢il¢y PCC ¢ODttibulio)I 10 P8risb SI[e wlls £75,344 in 2024 blld iD 2U25 ttiis was planned In inciEase lo £77,OU5, buL &ALi d5SCU8SiOn Ot the PCC lliectiDg in Jalluaiy 205 itw3s agircd Ibal lh¢ PCC should, iii ligbr of Ib¢ contillW])g dtlitirs, agree a"trinpDr4ry" Ttductioo in its ¢oJJttibuIio to Parish Sliarc, Ibis Teduction WAS agreed with Ibc Diocese and tbe levBI frf Pars51I Shay¢ lor 2025 ivas sel ai a base levd of £62.084. Tlic p¥id ui 2025 was £64,671 as tbE agree]ll1t widi Ihc Dioctse eame ill etyett ftom 31March. Tlic PCC ttlso ogi'¢¢d Ili&l il would r¢view ihe lttvel of conlribulion eacli yeai. al srck 10 tt0Ver eonti'ibulions lo Ilie I'¢qucsicd DioE¢srJ posiL¢ori Ivithin 5 yws. H•Jce, afteT (li3CU5siolls wirb tlie Diocese in December 2025, level of Patisb Sbaie tor 2026 bas bteo set at £67,lJt4 wliioli represents a SQ/0 I'ecoveiy conllibution and 1Etogniiion oran addi110al 3*h inci'ellse¥eqll¢sled,by ilie Diocese of all P#fi%hes, lo coi'¢i' iiiflationary increases. Pagt15
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH TERLEy NOTES TO THE FINANCIAL ST ATEI MENTS Foi. the Year iided 31 Deceniber 2025 FIXKD ASSETS FOR USE BY THE PCC As at 31112ll5 DepY¢L?atio As ot Jl112124 DeprcL4aflon Cost Not Cost Nct Tangiblc fixed nssets 17 Gr3Eigr Avc. Tithpcrley 346,697 Holy Cioss Kiltlitii 36.644 Office eqiiipJnEut 1.841 CC Boil¢k 7,457 HC F40il¢T 5.386 StOrn8r iTuildiJJg-Holy Ck"o&q L06,793 aiurch FixEuiTs & FttliTrg5 5,362 346,697 1,664 3? 168 579 34.174 3.03D 346,697 J6,644 1,841 7,457 5,386 506,793 5,362 14C>,697 7,329 46 210 723 38,445 3.787 32,980 1,804 7,289 4.807 72,619 2.332 29,315 .795 7,247 4.663 68,147 1375 510,179 121,831 388J48 510,179 112P42 397,137 Tli¢r¢ liave beth no addiiloi io Fixed Ass¢ls in 2025,12024 £4,675) In 2017 111¢ PCC agsred tlial il was appropriate to use s01ne of Ili¢ pKoreed5 ti'om the sale of 97 k Road #rld d)e sale of 57 Hcyts Lane. aloDgwilli th¢ bal]¢¢ of buildillgs fulld. ro J]Jake iJ3provolli¢Dts to e%(SLit]g buildinBs atLd Its puicliase a hou5E fui" Ihr use of a Cburclj ivoikei 01 a Cutalc. Tht of 17 th'allge Avaiiie, WAIS 6DS, a fDur-bedrooiii s¢ini-d¢iad)cd hDuse. was complEted OTr 7th JuDe 2017 and the cost ol lli¢ pioperty ts sboivll above aE £346.697 as it is th¢ PCCS belief Ibat by th¢ of 2025 ils JDatkcl v31ur iv&s at Leagt equA to DI. exceedBd ihc OLiginal purcbdse ptic£ ané thereforE tto depiecioiion nccts to b¢ applie ANALYSIS OFNET ASSETS BY FUND Umrestrlcttd Funds Restricted Fullds Total Total 2025 2024 2Q2S 2D24 21b25 2024 F¢d a5se15 Cutrent assets Cwirllt liabilities 354,174 146,518 15,9761 358,792 190.135 111,720) 34,174 268,592 38,U5 B4.944 388,348 397,237 275,079 {] I,720) 15,976) Fund Balanct 494.717 537,207 3U2,765 IZ3J89 7Y7.482 DEBTOIiS 2025 2024 Gift Aid recoi'erabl¢ Piwaym¢llts attd accjued iii¢ome Otlu d¢btOTS 10,500 502 10,500 490 11.1102 10.990 Pnge 16
TIIE PAROCHtAL CHURCH COUNC ofi THE ECCLESL4STICAL PARISH OF CHIUST CHURCH TIMPII RLEI Y NOTES TO THE FINANCIAL STATELVENTS For the year Ended 31 Decembey 2025 LIA211LITIES.. AMOUNTS FALLINGDUIC IVITHn¥ ONE YLAR 2025 I24 TTadc Crcdiio¥s AGGn]ds deterrcd iti¢oJJi¢ 508 5.468 1,564 10,156 5,976 11,720 vitND DETATLS Tlie Unrtslii¢ied lla is EIIE Gcncral Fuiid wliich is lo bBuscd 10 suppoi'i Ilie ongoiii£ day lo day wDI'k of the PCC aiid Ilic Rrstsicl¢d Fuiid$ coDsis¢ of dicpakislj Buildiogs Fund, th¢ Robes FuL)d le ChEW Iwcy. Til¢ pllrchast of17 fjrillge Avenu4 Tiini?erley in 2017. as tyoied al Secti fivc abov¢. utilised fillids l)¢ld in Ihe CCLA Parish Buildiu47S tiLlld alld Ibc b21ance ol. cost Was lakEU fi.offt the pioce¢d5 of the sale of 97 Pat'k RDad, the sale ol'NvhiclJ Ik placB ill 2016.The rtlllitied blllance is tobeUSj f01- resloi'alion ond builijiTrgwl(, on Parisli buildin&%. A l&ble delailinE Ilie InoveiiiEiils of the UNI'c51ri¢ltd and lh¢ R&ElI'icled fi]iid5. duiing Ili¢ Ye., is del&il¢d below. Boili Unrcsiricled and Restticlcd Èiiiids ar¢ lield at eacli yeer-wd ]]} swralcly designal¢J accounls. IlaLlauce at OlllbF115 liesourets sed 0¢ 3111212S Trahsler¥ Depyetlatk ye50ui.ces Inleiest UibTestiitted Fynd G¢nei?l FOd$ 537.2Q7 (4,6181 1151,998) 1 08,034 6,091 494.717 Resh4cted Fuibd Cboii. Robes 1,000 122.389 I,ooo 121,765 t800JO Patrish [lIdIg CIIBiiP Le8Y 14,272) 3,648 18000D Total Futtd8 60,596 {8,889) (151,9Y81 28&034 9,738 797,482 10 INDYPENDENT EXAMINERS REhfUNERATION SrtDpas Accouttiallts Ltd wC appoillled iti July 2019 Lo a¢r as Independciit ExatDiatr$of Ihe PCC fin01a[ giaietlletits ill Ibat ¢apa¢ity re pdid £1S0012024- £15001 CAPITAL COtffillTMEE4YS TheFewcie no capital eommttThellt5 as at 31 D¢¢ernb¢r 2025. Pagel?
THEI PAROCHIAL CHURCH COUNCIL OF T¢ KCCLESIASTICAL PARISH OF CHRIST CHiiRCH TIf¥IPCI RLEY NOTES TO THC, FLYANCJAL STATE1TrITS For the YeaK Ended 31 De£eThber 2025 12 RELATED PARTY TRANSAcfioL¥S There wereno relaled pry t[78cli0S duriiig itse cutrenl orprevious year. IS CONTROLLINC PARTY Their w&8 110 OVBrniI COnlTDlliDg party durino thc currEllt or previous year. Page 18