PAUL'S THROOP ST PAUL'S CHURCH, THROOP ANNUAL REPORT FOR 2025 Administrative Informatlon St Paul's Church is situated in Landford Way, Throop, Boumemouth. 11 is part of the Diocese of Winchester within the Church of England. The CoespOndence address is St Paul's Vicarage, Chesildene Avenue, Boumemoulh, BH8 OAZ The Parochial Church Council (PCC) is a charity registered with the Charity Commission. Our Charity Number is 1131699. The PCC complies with the duties under Section S of the Safeguarding and Clergy Discipline Measure 2016 (to have regard to Ihe House of Bishops, ouidance on Safeguarding children and vulnerable adullsl. The PCC complies with the Law contained in the General Dala Protection Regulations and the Data Protection Act 2018. PCC fflembers who have served from 30th April 2025 until the date this report was approved are.. IncJJmbenl'. Revd James Findlay Clergy.. Revd Ben Coulter lex-officio) Revd Chris Dodgson (ex-officio) Wardens: Stephen Bendell Kathy Blake Treasurer. David Penfold PCC Treasury Liaison Officer". Revd Chris Dodgson Deanery Synod Representatives= Andy Saunders PCC Elected Members: Gill Schiel Fiona Thompson Stuart Calvert Kery Lawford David Williarns Kath Page Ex-offiao Members.. Andy Saunders
Structure, governance and management 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. AII PCC Members are required to undergo Safeguarding Training to Level C1 and must have Disclosure and Barring Service IDBSI Check. Objectives and Actlvities St. Paul's PCC has the responsibility of co-operating with the incumbent, in promoting in the ecdesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. It also has the maintenance responsibilities for the church premises of St. Paul's Throop. The PCC also operates with a number of SucoMMItteeS who meet on a regular basis and submit minutes to the PCC for approval. The members of these sub-committees for 2025 are= PCC Sub-Groups 2025 Standing Committee Revd Jim Findlay (Priest-in-charge), Stephen Bendell & Kathy Blake (Church Vvardens), Gill Schiel and Chris Dodgson. Fabric and Malntenance Stephen Bendell & Gordon Cox Safeguarding Officer Pippa Fisher Data Protection Officer Chris Dodgson Church Attendance.. There were 146 Parishioners on the Church Electoral Roll at Ihe end of 2025 of which 53 were resident in the Parish. Average Sunday morning attendance for 2025 when attended in person was 38 under 16 years of age and 127 over 16 years.
PCC Revlew of the Year The PCC met 8 times during 2025 with one further extraordinary PCC meeting held. The PCC was pleased to welcome the following new members in 2025.. - David Wlliams, Fiona Thompson, Kathlyn Page St Paul's was pleased to support continued participation of food donations at Harvest for Boumemouth Foodbank. Aside from the standing items discussed at all PCC meetings which include finance, fabric & maintenance, safeguarding, conflict of interests, GDPR, planned church trips requiring approval and event budgetslrisk assessments requiring approval, 2025 meetings included. The year beginning with our January PCC meeting focusing on a review of the Safeguarding Action Plan, St Paul's policies and risk assessments and of staff salaries. An update was also given with regard to Deanery developments. On 9th February, an extraordinary PCC meeting was held to discuss and subsequently provide approval of Glenn Prince becoming curate at St Paul's. At our February PCC meeting, members were updated on developments in relation to the Townsend Estate. Revd Jim advised of the introduction of a new fortnightly core leadership team meeting to improve communication beeen licensed ministry. employed staff, wardens and PCC members. An update on the review of policies and risk assessments was provided. On 12th March. the Standing Committee approved purchase of a new electronic pianolkeyboard and associated items. In March, more detailed plans for the Townsend Estate were provided and discussed. PCC members were also advised of the 'Believing in Bournemouth, project and our potential involvement. Some existing policies were reviewed and new ones circulated and all we approved. At the April PCC meeting, the Statutory and Non Slatutory reports covering 2024 were approved. An update was provided on the 'Believing in Boumemouth, project,. members were also informed of Festival Dorset Discussion took place around the amended bid for the Townsend project. Some existing policies were reviewed and new ones circulated and all were approved. The APCM was held in May. The June PCC meeting had to be cancelled due to Revd Jim's ill-health. However, electronic votes took place for approval of the election of new PCC members, the appointment of PCC officers, an addition to the electoral roll and the approval of St Paul's involvement with the 'lts Your Move, event at the Epiphany and Muscliffe Schools. At the July PCC meeting, an update was provided in relation to the introduction ot Chufch Suite, and the 2025-2028 Mission Action Plan was circulated. Discussion took place on the Townsend projed and on the possibility of Ed Haycock and family moving into the curates house. Assistant Churchwardens were discussed and approval of the purchase of a second coffee
machine was given. Some existing policies were reviewed and new ones circulated and all were approved. At the September PCC meeting, a new men's ministry was discussed and approved. The Townsend project was again discussed, as was the Mission Action Plan. Training of an 'Anna Chaplain, was discussed. Some existing policies were reviewed and new ones circulated and all were approved. On 8th October, the Standing Committee approved Nathan Bendell taking a group of young people on a trip to Laser Quest in half term. At the October meeting, an update was provided on the planned men's ministry. Amendments to Nathan and Pippa's contract were discussed. A paper was circulated and discussion held in relation to a tumaround regarding the 'Prayers of Love and Faith,. An update was provided on Ihe new work being done on the Townsend Estate. The funding of training of an Anna Chaplain was approved. The Mission Action Plan was discussed. Some existing policies were reviewed and new ones circulated and all were approved. In November, member5 were advised of the fonning of a working group to look at streamlining fundslspending at St Pauls. A further update was provided in relation to The Townsend Project, and members also discussed the Mission Action Plan again. A discussion took place with regard to the personal accident benefits on our church insurance policy. Some existing policies were reviewed and new ones circulated and all were approved. Our Deanery Synod Representative reported to the PCC throughout the year on the workings of the Synod. The Annual Report was drawn up by Mrs Kery Lawford, PCC Secretary and approved by the PCC of St Paul's Throop on 10 and signed on its behalf by Rev James Findlay IPCC Chair)
ST PAUL’S PCC BOURNEMOUTH
Financial Review 2025
The total income for the year ending 31 December 2025 across all Funds was £187,221 [2024: £186,300]. Regular Giving and freewill offertory increased by just over £5,400 compared with 2024 (not including Single Donations). Pledges received for the Children & Youth Minister Fund amounted to £9,817 [2024: £9,308]. Grants totalling £2,083 were received from Holdenhurst Parish to fund a Children’s and Families Worker as part of the Townsend project. Grants totalling £10,780 were received from Winchester Diocese towards start-up and administrative support costs of the Townsend project and to fund 50% of the Children’s and Youth Minister salary.
Resources expended amounted to £188,754 [2024: £165,977]. Necessary electrical inspection costs and subsequent replacement of the Electrical Distribution board (£3,103) and replacing lighting in the Worship Area (£945) was funded from the 404040 fund. Expenses related to repair to movable walls (£2,100) was funded from the building fund.
Net incoming resources for the year generated a total deficit of £1,533 [2024 excess: £20,323].
2026 represents an exciting year, with the Townsend Project, to establish and grow a self-sustaining worshipping community on the Townsend estate, initiated in 2025. This project utilises partnerships between St Pauls church, Winchester Diocese and Holdenhurst Parish to provide financial, pastoral, and administrative support.
It is PCC policy to endeavour to maintain a balance on unrestricted funds which equates to at least three months unrestricted payments, which is equivalent to £38,283. This is held to smooth out fluctuations in cash flow and to meet emergencies. The cash balance of £87,722 held on unrestricted (including designated) funds at the year end, together with the amounts payable to and by the PCC, was in excess of this target.
The PCC has sufficient reserves, organised into general funds, designated, and restricted funds, as described in Note 6 to the Accounts. The Trustees have assessed and consider that the PCC can continue its operations and meet its liabilities as they fall due for at least the next twelve months.
Responsibilities of the members of the PCC in relation to the Accounts
The PCC is responsible for all parish finance, its management and control, including the appointment of a Treasurer. Its legal responsibilities include:
-
Keeping proper accounting records, which are sufficient to show and explain all the PCC’s transactions and must include a record of all relevant assets and liabilities. The records must:
-
show and explain all the PCC’s transactions;
-
disclose the PCC’s financial position at any time;
-
enable the required accounts to be prepared;
-
show on a day-to-day basis all receipts and payments and what they were for;
-
oinclude a record of all assets and liabilities. -
Ensuring that the finances of the PCC are under its control and only delegated if the PCC can ensure that its wishes will be followed.
-
Preparing annual accounts and a report, which shall be presented to the Annual Parochial Church Meeting in accordance with the requirements of the Church Representation Rules.
-
● Arranging for an independent examination of the Accounts.
Approved by the PCC and signed on its behalf by:
Rev James Findlay (Chairman)
David Penfold: Treasurer
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Dated: 16 [th] April 2026
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Page A1
ST PAUL’S PCC BOURNEMOUTH
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ members of St Paul’s PCC Bournemouth
On accounts for the year ended 31 December 2025 Charity no 1131699 Set out on pages A3 to A12
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 December 2025.
As the charity's trustees, you are responsible for the preparation of the Responsibilities and basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 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 in connection with the examination which gives me cause to believe that in, any material respect:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or
-
the accounts did not accord with the accounting records; or
-
● the accounts did 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 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: J Roper Name: John Roper Relevant professional ACMA, CGMA, MCICM qualification(s) or body (if any): Address: 26 Pine Drive, St Ives Ringwood BH24 2LN
Date: 28 March 2026
ST PAUL'S PCC BOURNEMOUTH Page A2
ST PAUL’S PCC BOURNEMOUTH
-
See section 2 for the breakdown of Receipts
-
See section 3 for breakdown of Payments
-
See section 6b for breakdown of Fund Movements
Page A3
ST PAUL’S PCC BOURNEMOUTH
Balance Sheet
For the year ended 31 December 2025
Approved for issue by the Parochial Church Council and signed on its behalf by:
----- Start of picture text -----
--------------------------------------------------------------
Rev James Findlay (Chairman)
---------------------------
David Penfold (Treasurer)
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16[th] April 2026 --------------------------------------Dated
Charity Commission Registration no: 1131699
Page A4
ST PAUL’S PCC BOURNEMOUTH
Notes to the accounts
31 December 2025
1. Accounting policies
Basis of financial statements
The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body, nor those that are informal gatherings of church members.
The Accounts have been prepared on the Accruals Basis.
Fund accounting
Unrestricted funds are income funds that are to be spent on the PCC's general purposes.
Designated funds are general funds set aside by the PCC for use in the future. Project funds are designated for particular projects for administration purposes only. Designated funds remain unrestricted and the PCC may move any surplus to other general funds.
Restricted funds comprise revenue donations or grants for a specific PCC activity intended by the donor.
Where these funds have unspent balances, interest on their pooled investment is apportioned to the individual funds on an average balance basis.
Incoming resources
Planned giving, collections and similar donations are generally recognised when received. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and legacies are accounted for when the PCC is entitled to the use of the resources, their ultimate receipt is considered reasonably certain, and the amounts due are readily quantifiable. Interest is accounted for as and when received. All incoming resources are accounted for gross.
Resources expended
Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. The Diocesan Common Mission Fund expected to be paid over is accounted for when due. All other expenditure is generally recognised when it is incurred and is accounted for gross.
Fixed assets
Movable church furnishings held by the vicar and churchwardens on trust for the PCC are listed in the church's inventory, which can be inspected (at any reasonable time).
New fixtures, fittings, and equipment used within the church premises with a purchase cost of £10,000 or more are depreciated on a straight-line basis over each asset’s estimated useful life. Individual items of equipment with a purchase price of less than £10,000 are written off when the asset is acquired.
Expenditure on replacements and renewals, which do not constitute a new class of asset, is written off in the year of expense.
Page A5
ST PAUL’S PCC BOURNEMOUTH
Notes to the accounts
31 December 2025
2. Incoming resources
[a] Donations totalling £7,720 to the 404040 fund were received in 2025, concluding the fund raising activities for this fund
[b] Donations totalling £656 were received to fund the Family Bible events held in 2025 and continuing in 2026
[c] Grants totalling £2,083 were received from Holdenhurst Parish to fund a Children’s and Families Worker as part of the Townsend project. Grants totalling £10,780 were received from Winchester Diocese towards start-up and administrative support costs of the Townsend project and to fund 1/3 of the Children’s and Youth Minister salary.
Page A6
ST PAUL’S PCC BOURNEMOUTH
Notes to the accounts
31 December 2025
3. Resources expended
[a] 10% Mission Tithe totalling £9,123 was disbursed to our Mission Partners PACE Trust (£5,244), Mission Aviation Fellowship (£3,879)
[b] PCC members received no remuneration during the year [2024 - £nil].
The salary costs of the Children & Youth Minister are paid from the Children & Youth Ministry Fund and the Townsend Fund; the salary costs of the Church Administrator are paid for from the General Fund and the Townsend Fund; salary costs of the Verger and Music Director are paid from the General Fund.
[c] Incumbent’s expenses are not related to his office as Chairman of the PCC.
No other members of the PCC were reimbursed for expenses specifically relating to the PCC. Expenses incurred by PCC members unrelated to their services as such are not disclosable.
[d] Expenses for electrical inspection and subsequent replacement of the Electrical Distribution board (£3,103) and replacing lighting in the Worship Area (£945) funded from the 404040 fund. Expenses to repair to movable wall (£2,100) funded from the building fund. Other general expenses totalling £3,9800 funded from the General fund.
Page A7
ST PAUL’S PCC BOURNEMOUTH
Notes to the accounts
31 December 2025
4. Debtors & Prepayments
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Page A8
ST PAUL’S PCC BOURNEMOUTH
Notes to the accounts
31 December 2025
5. Creditors & Accruals: amounts falling due within one year
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6. Funds
a) Fund descriptions
Funds which are held by the PCC for general purposes (and which have not been restricted by the donors) are unrestricted.
The PCC has set aside certain funds (designated funds) for particular projects. These funds may be redesignated by the PCC as necessary.
The PCC’s restricted funds comprise donations held for purposes specified by the donors.
Where these funds have unspent balances, interest on their investment is apportioned to the individual funds.
Unrestricted Fund :
The General Fund is not subject to any restrictions regarding its use and is available for application on the general purposes of the PCC
Designated Funds:
The Building Fund is held to meet major expenses on the fabric of the church buildings and grounds.
The Development Fund is assigned for all current development projects of the PCC related to mission development and outreach.
The Reserves Fund is held to smooth out fluctuations in cash-flow and to meet any emergency expenditure.
Page A9
ST PAUL’S PCC BOURNEMOUTH
Notes to the accounts
31 December 2025
6.a) Fund descriptions: continued
The Vicar’s Discretionary Fund is assigned for the discretionary use of the Priest in Charge for the alleviation of pastoral need.
The 404040 Fund was established in 2024 and exists to fund the modernisation of the church building and facilities. This fund comprises donations given as part of the 40[th] anniversary of the opening of the church, together with associated Gift Aid repayments where appropriate.
Restricted Fund:
The Children & Youth Ministry Fund was established in 2019 and exists to support the salary of a full-time Children & Youth Minister. This fund comprises donations received from within the church family of St Paul’s Throop, together with associated Gift Aid repayments where appropriate, and a Grant from the Joseph Rank Trust.
The Townsend Fund was established in 2025 and exists to establish and grow a self-sustaining worshipping community on the Townsend estate. This fund comprises grants received from Winchester Diocese and Holdenhurst Parish, donations received specifically for the Townsend project, together with associated Gift Aid repayments where appropriate, and income generated from events run by this project.
6.b) Fund details
The shortfall of £4,041 in the ‘Children And Youth Ministry’ fund is due to be recouped in 2026 as outgoings from this fund will be lower than in 2025. Specifically, 50% of the Children’s and Youth Minister salary will be covered by grants from Winchester Diocese as part of the Townsend project.
6.c) Transfer between funds - notes
£15,000 in surplus funds was moved from the General Fund to the Reserve Fund
Page A10
ST PAUL’S PCC BOURNEMOUTH
Notes to the accounts
31 December 2025
7. Assets & Liabilities by Fund
Page A11
ST PAUL’S PCC BOURNEMOUTH
Notes to the accounts
31 December 2025
8. Related Party Transactions
Apart from the reimbursement of expenses, as disclosed in Note 3, and funds received as Agent as shown in Note 9, there were no related party transactions during the year.
9. Funds received as Agent
From time to time the PCC may act as Agent to facilitate collections for third parties. As the PCC does not hold legal title to these collections, such funds are not required to be shown in the Statement of Financial Activities or on the Balance Sheet. During 2025 the following collections/fees on behalf of third parties were banked and duly paid on:
| Description | Related Party? |
Amount received £ |
Amount paid out £ | Balance held at Year End £ |
|---|---|---|---|---|
| Winchester Diocesan Board of Finance: Parochial Fees [payable quarterly in arrear] |
Yes | 127.00 | 0.00 | 127.00 [Paid to WDBF on 17 January 2026] |
| MacMillan Caring Locally (donations at funeral of Jean Moore) |
No | 140.00 | 0.00 | 140.00 |
| Pramacare (donations at funeral of Jean Moore) |
No | 140.00 | 0.00 | 140 [paid to Pramacare on 19th January 2026) |
Page A12
ST PAUL’S PCC BOURNEMOUTH
Financial Review 2025
The total income for the year ending 31 December 2025 across all Funds was £187,221 [2024: £186,300]. Regular Giving and freewill offertory increased by just over £5,400 compared with 2024 (not including Single Donations). Pledges received for the Children & Youth Minister Fund amounted to £9,817 [2024: £9,308]. Grants totalling £2,083 were received from Holdenhurst Parish to fund a Children’s and Families Worker as part of the Townsend project. Grants totalling £10,780 were received from Winchester Diocese towards start-up and administrative support costs of the Townsend project and to fund 50% of the Children’s and Youth Minister salary.
Resources expended amounted to £188,754 [2024: £165,977]. Necessary electrical inspection costs and subsequent replacement of the Electrical Distribution board (£3,103) and replacing lighting in the Worship Area (£945) was funded from the 404040 fund. Expenses related to repair to movable walls (£2,100) was funded from the building fund.
Net incoming resources for the year generated a total deficit of £1,533 [2024 excess: £20,323].
2026 represents an exciting year, with the Townsend Project, to establish and grow a self-sustaining worshipping community on the Townsend estate, initiated in 2025. This project utilises partnerships between St Pauls church, Winchester Diocese and Holdenhurst Parish to provide financial, pastoral, and administrative support.
It is PCC policy to endeavour to maintain a balance on unrestricted funds which equates to at least three months unrestricted payments, which is equivalent to £38,283. This is held to smooth out fluctuations in cash flow and to meet emergencies. The cash balance of £87,722 held on unrestricted (including designated) funds at the year end, together with the amounts payable to and by the PCC, was in excess of this target.
The PCC has sufficient reserves, organised into general funds, designated, and restricted funds, as described in Note 6 to the Accounts. The Trustees have assessed and consider that the PCC can continue its operations and meet its liabilities as they fall due for at least the next twelve months.
Responsibilities of the members of the PCC in relation to the Accounts
The PCC is responsible for all parish finance, its management and control, including the appointment of a Treasurer. Its legal responsibilities include:
-
Keeping proper accounting records, which are sufficient to show and explain all the PCC’s transactions and must include a record of all relevant assets and liabilities. The records must:
-
show and explain all the PCC’s transactions;
-
disclose the PCC’s financial position at any time;
-
enable the required accounts to be prepared;
-
show on a day-to-day basis all receipts and payments and what they were for;
-
oinclude a record of all assets and liabilities. -
Ensuring that the finances of the PCC are under its control and only delegated if the PCC can ensure that its wishes will be followed.
-
Preparing annual accounts and a report, which shall be presented to the Annual Parochial Church Meeting in accordance with the requirements of the Church Representation Rules.
-
● Arranging for an independent examination of the Accounts.
Approved by the PCC and signed on its behalf by:
Rev James Findlay (Chairman)
David Penfold: Treasurer
----- Start of picture text -----
Dated: 16 [th] April 2026
----- End of picture text -----
Page A1
ST PAUL’S PCC BOURNEMOUTH
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ members of St Paul’s PCC Bournemouth
On accounts for the year ended 31 December 2025 Charity no 1131699 Set out on pages A3 to A12
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 December 2025.
As the charity's trustees, you are responsible for the preparation of the Responsibilities and basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 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 in connection with the examination which gives me cause to believe that in, any material respect:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or
-
the accounts did not accord with the accounting records; or
-
● the accounts did 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 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: J Roper Name: John Roper Relevant professional ACMA, CGMA, MCICM qualification(s) or body (if any): Address: 26 Pine Drive, St Ives Ringwood BH24 2LN
Date: 28 March 2026
ST PAUL'S PCC BOURNEMOUTH Page A2
ST PAUL’S PCC BOURNEMOUTH
-
See section 2 for the breakdown of Receipts
-
See section 3 for breakdown of Payments
-
See section 6b for breakdown of Fund Movements
Page A3
ST PAUL’S PCC BOURNEMOUTH
Balance Sheet
For the year ended 31 December 2025
Approved for issue by the Parochial Church Council and signed on its behalf by:
----- Start of picture text -----
--------------------------------------------------------------
Rev James Findlay (Chairman)
---------------------------
David Penfold (Treasurer)
----- End of picture text -----
16[th] April 2026 --------------------------------------Dated
Charity Commission Registration no: 1131699
Page A4
ST PAUL’S PCC BOURNEMOUTH
Notes to the accounts
31 December 2025
1. Accounting policies
Basis of financial statements
The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body, nor those that are informal gatherings of church members.
The Accounts have been prepared on the Accruals Basis.
Fund accounting
Unrestricted funds are income funds that are to be spent on the PCC's general purposes.
Designated funds are general funds set aside by the PCC for use in the future. Project funds are designated for particular projects for administration purposes only. Designated funds remain unrestricted and the PCC may move any surplus to other general funds.
Restricted funds comprise revenue donations or grants for a specific PCC activity intended by the donor.
Where these funds have unspent balances, interest on their pooled investment is apportioned to the individual funds on an average balance basis.
Incoming resources
Planned giving, collections and similar donations are generally recognised when received. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and legacies are accounted for when the PCC is entitled to the use of the resources, their ultimate receipt is considered reasonably certain, and the amounts due are readily quantifiable. Interest is accounted for as and when received. All incoming resources are accounted for gross.
Resources expended
Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. The Diocesan Common Mission Fund expected to be paid over is accounted for when due. All other expenditure is generally recognised when it is incurred and is accounted for gross.
Fixed assets
Movable church furnishings held by the vicar and churchwardens on trust for the PCC are listed in the church's inventory, which can be inspected (at any reasonable time).
New fixtures, fittings, and equipment used within the church premises with a purchase cost of £10,000 or more are depreciated on a straight-line basis over each asset’s estimated useful life. Individual items of equipment with a purchase price of less than £10,000 are written off when the asset is acquired.
Expenditure on replacements and renewals, which do not constitute a new class of asset, is written off in the year of expense.
Page A5
ST PAUL’S PCC BOURNEMOUTH
Notes to the accounts
31 December 2025
2. Incoming resources
[a] Donations totalling £7,720 to the 404040 fund were received in 2025, concluding the fund raising activities for this fund
[b] Donations totalling £656 were received to fund the Family Bible events held in 2025 and continuing in 2026
[c] Grants totalling £2,083 were received from Holdenhurst Parish to fund a Children’s and Families Worker as part of the Townsend project. Grants totalling £10,780 were received from Winchester Diocese towards start-up and administrative support costs of the Townsend project and to fund 1/3 of the Children’s and Youth Minister salary.
Page A6
ST PAUL’S PCC BOURNEMOUTH
Notes to the accounts
31 December 2025
3. Resources expended
[a] 10% Mission Tithe totalling £9,123 was disbursed to our Mission Partners PACE Trust (£5,244), Mission Aviation Fellowship (£3,879)
[b] PCC members received no remuneration during the year [2024 - £nil].
The salary costs of the Children & Youth Minister are paid from the Children & Youth Ministry Fund and the Townsend Fund; the salary costs of the Church Administrator are paid for from the General Fund and the Townsend Fund; salary costs of the Verger and Music Director are paid from the General Fund.
[c] Incumbent’s expenses are not related to his office as Chairman of the PCC.
No other members of the PCC were reimbursed for expenses specifically relating to the PCC. Expenses incurred by PCC members unrelated to their services as such are not disclosable.
[d] Expenses for electrical inspection and subsequent replacement of the Electrical Distribution board (£3,103) and replacing lighting in the Worship Area (£945) funded from the 404040 fund. Expenses to repair to movable wall (£2,100) funded from the building fund. Other general expenses totalling £3,9800 funded from the General fund.
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ST PAUL’S PCC BOURNEMOUTH
Notes to the accounts
31 December 2025
4. Debtors & Prepayments
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Page A8
ST PAUL’S PCC BOURNEMOUTH
Notes to the accounts
31 December 2025
5. Creditors & Accruals: amounts falling due within one year
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6. Funds
a) Fund descriptions
Funds which are held by the PCC for general purposes (and which have not been restricted by the donors) are unrestricted.
The PCC has set aside certain funds (designated funds) for particular projects. These funds may be redesignated by the PCC as necessary.
The PCC’s restricted funds comprise donations held for purposes specified by the donors.
Where these funds have unspent balances, interest on their investment is apportioned to the individual funds.
Unrestricted Fund :
The General Fund is not subject to any restrictions regarding its use and is available for application on the general purposes of the PCC
Designated Funds:
The Building Fund is held to meet major expenses on the fabric of the church buildings and grounds.
The Development Fund is assigned for all current development projects of the PCC related to mission development and outreach.
The Reserves Fund is held to smooth out fluctuations in cash-flow and to meet any emergency expenditure.
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ST PAUL’S PCC BOURNEMOUTH
Notes to the accounts
31 December 2025
6.a) Fund descriptions: continued
The Vicar’s Discretionary Fund is assigned for the discretionary use of the Priest in Charge for the alleviation of pastoral need.
The 404040 Fund was established in 2024 and exists to fund the modernisation of the church building and facilities. This fund comprises donations given as part of the 40[th] anniversary of the opening of the church, together with associated Gift Aid repayments where appropriate.
Restricted Fund:
The Children & Youth Ministry Fund was established in 2019 and exists to support the salary of a full-time Children & Youth Minister. This fund comprises donations received from within the church family of St Paul’s Throop, together with associated Gift Aid repayments where appropriate, and a Grant from the Joseph Rank Trust.
The Townsend Fund was established in 2025 and exists to establish and grow a self-sustaining worshipping community on the Townsend estate. This fund comprises grants received from Winchester Diocese and Holdenhurst Parish, donations received specifically for the Townsend project, together with associated Gift Aid repayments where appropriate, and income generated from events run by this project.
6.b) Fund details
The shortfall of £4,041 in the ‘Children And Youth Ministry’ fund is due to be recouped in 2026 as outgoings from this fund will be lower than in 2025. Specifically, 50% of the Children’s and Youth Minister salary will be covered by grants from Winchester Diocese as part of the Townsend project.
6.c) Transfer between funds - notes
£15,000 in surplus funds was moved from the General Fund to the Reserve Fund
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ST PAUL’S PCC BOURNEMOUTH
Notes to the accounts
31 December 2025
7. Assets & Liabilities by Fund
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ST PAUL’S PCC BOURNEMOUTH
Notes to the accounts
31 December 2025
8. Related Party Transactions
Apart from the reimbursement of expenses, as disclosed in Note 3, and funds received as Agent as shown in Note 9, there were no related party transactions during the year.
9. Funds received as Agent
From time to time the PCC may act as Agent to facilitate collections for third parties. As the PCC does not hold legal title to these collections, such funds are not required to be shown in the Statement of Financial Activities or on the Balance Sheet. During 2025 the following collections/fees on behalf of third parties were banked and duly paid on:
| Description | Related Party? |
Amount received £ |
Amount paid out £ | Balance held at Year End £ |
|---|---|---|---|---|
| Winchester Diocesan Board of Finance: Parochial Fees [payable quarterly in arrear] |
Yes | 127.00 | 0.00 | 127.00 [Paid to WDBF on 17 January 2026] |
| MacMillan Caring Locally (donations at funeral of Jean Moore) |
No | 140.00 | 0.00 | 140.00 |
| Pramacare (donations at funeral of Jean Moore) |
No | 140.00 | 0.00 | 140 [paid to Pramacare on 19th January 2026) |
Page A12