Trarfty rnglstr•tk•n nthnb•r 1131705 FOR ThE YEAR EHDED 31 DECEMBER 2025 PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA CONTENTS PCC N4qmber5 rEwt 1-11 Statement of PCC members ms1￿r￿*11tseS 12 Ind•pendent wJ(IWs rewl 13-15 16-17 Sala￿e S￿*1 18 Stal8ment ol Ih)ws 20-38 PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA PCC MEMBERS REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 Annual Reportforthe Aellvlti•s of Sl ￿d￿'s. Soutl INTrODUCTION The members ol St J￿￿e'S Parothral Churth {PCC} 5th# Ihwknu* Report and thg finarrial 5181errents for Ihe year ended 31° D￿eM1)er 2025. The acctyjnts have been prepared fft ￿rZ*￿anCe with Ihe 8ccfyJntJng polldes set out in 1 to the accounts and Djmpty the govemirrfJ Charitios Act 2011 aThJ 'AC￿)UnI1￿9 and Reporknng by C1w￿eS.. Swefflenl of RecenyneTrleJJ Prth lo chari16ès prepa**)g their awjunts ￿ accordan￿ wilh the F￿￿r￿lar Rapth"NJ Standard appr￿￿trAe ll) ts UK and Rep￿)￿C of IFRS 1021 l¥$ Offl￿ded frjr accounting cTherKFng frtxn 1 Ja￿ary201>). LOCATION St Judè's Chufth addr￿ 15 Kant Reod. Southsts. Hants POS 3EL. tt5 bank 8CLwts ¥• h&kl wth Lknydy Bank pl¢, Carpgnler Box. Charte￿d AcuAW￿lS. prepar8s ts gAner Audit Independently its acxtsjrtls. BACKGROUND St Jude's PCC has lh¢ f¢sptyisbiffty Lrf wrth thp in Fy&iv)tsig. in th• ¢tthsiaslical parish. the nNssK)n of the Churth. pastoral. evangefstic, soual and ewTenKal. It 1$ 4 ¢oryx)rate 8slab155hed by the Churth of Ergland. The PCC urujer ihe Parothk4 Chwth thncll Powers Measu￿. St Jude's parish faNs withvi the of portsm￿1h. The rnakes ￿ anntd cl￿bUtion parfsh share"). whlch Js used to pay ckrgy s1]r￿d5. to dM)eesan nMr*sts* suFwt the parish and for diocesaTh Sl Jude's PCC ￿ a cFwFity- W8tratp￿ rdwnber 113170S. PU8UC BENEFrr Thè PCC has compS¢d in the ChwiiEs Ad 2011 to tAv8 regard to Ihe put￿￿ benth 9￿ance pubN5hed by ￿ Chadty ComFrissKffi. MEMBERSHIP OF THE CHURCH The Electcd RON for 2025 &oc*l al 121 mèmters as at Deceth 2025. OPERATION OF THE PAROCTrIAL CHURCH COUNCIL The PCC met 8 u.mes thJTing the year. 8omÈ of bew by InteN*nlNJ rt*4kn. The PCC cr￿M[11eeS are.. Slandlng & FIftan￿ Coftwnlll••: Ths ct¥nmrfJee eiists by law to transact th• busln¢ss of the PCC btheen rneetlry. It also ¢)￿￿¥JerS fmanaal nÈèds 1SthfjFWJ weparalKJn of annu31 PCC Wtl. ans PCC meeting ag8nda5. arxl makes recorrxnerKaations PCC thnsiderdlion as it se85 fjL Its membership r))mwises the ￿1£8[ arKf the Assc#J"atp v￿r. the Wardens. the Treasuw. th• Bull ithng5 Manager. and one rKMninated Th￿nber of Nursery M*wment ConTh"ttee. Misslon Support Group: This seoks to surwrt ar￿ ChrI￿lan mission outside tha pwish, natith)alty and oversè*, through •knalvi. eno)uw#rr*nl of vocatth. rKayw and firw)cial giving. The main mission agency finks il has IL%Lèrsd year are the &x4ety. thè ChLwth P8*or81 ￿ Sooety, Tearfund. Inlerserve. Overseas Tr￿$$1￿ary Fel0￿£h1p. Churth MiS￿n s￿ty. Spwii in Sport. ti)to ActM?n and Ililitary Nkni5tries International. Nurs9ry Managgm•nt Cow#nitte•: This comnNtteg oversèes the of the Plutsery at Silver Streel kn Ccptsperaiien *ith the Nirsery Managw and staff. Th15 ir**Jdes management of t￿ budget, appolntment of staff. recefving the Al*￿9*.$ repwts and consxkn oflhe Nurserf5 needs. They meel PAROCHIAL CHURCH COUNCIL OF ST JUDE. SOUTHSEA PCC MEMBERS REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 REVIEW OF THE YEAR 2025 r￿10 St Jude's Vlslon Is.. Ila*lng Jesus the ho￿ d S¢Athsoa We do Ihrs thiough.. Growlng FaFth Creating opF￿￿￿tia5 to 8ncoLVrtw Je￿ be 9u¥ded by W￿￿ wd ￿￿￿A*r8d by Hi5 Sp￿t Offerlng Hope restoration and freedom in frkn. Sharing God's Love Rebuikling and transftyrring fvgs. f>yMiunity ¥rn1 ￿#V1¥ by rath¢al h)va o[GtyJ. As a chur¢h our vaues arg #nd SplrtL' W•Td Wè are grovnded in God's Woftl as the fuJNlatkn fam). We kng k) gr￿ kn our depth and tan¢Jing of His INord allow9 il to transfcTh OWJQLry *ilh Jesus. Splrtt W? are to and eagorty tltiswo ol Iht HL4y Split *) (xx fv8s. We kng to b8 krThvn for Jesus. twsf¢)rrriry pr8sonc• alwjk in us. Finan The cornbirt8d in¢4n* ol th¢ Ctsjrch Nurssry gr¥w ty 14% 41 3J25 10 £1.(￿1￿ Wilh expendilure increasing to £977k, we recorded a Su￿u$ of £84k. The main source ol the w￿$t in income w35 the fuftding orants roeeived by the Nwsery. conbthteLI to a gr(i•lh (rf£109r n Nwsery 1￿c￿e from £478k ￿ 2024 to £583k kn 2025. The Increase in expendknre (xne m•nty through ￿ to the dwch 1X￿ry kndudiftg knstsll8tion of solar pane15 on lh8 ScyJth r￿)1. The cosl of thè solar panel was rK6ty covbfèd by r￿￿ed in 2024 and an Arthbishop's Cou#KI grant feceN8d m 2025. Our cash $￿p￿S ￿Med ovsr 2024 8nsured that ￿ could mako f8wLqr payrwLts rf oyr P8F￿h share and fo P8y th• amount due I￿1 over the co(Yse oftM year. B(Ah aThJ Nutsery d05ed Ihe ywwith 8 hBallhy cash POS￿0￿. Thanks to David Pugsl8y slarth9 dcA¥n aft•r many years of seThrca as our vohtnitÈr Grft Aid CC*¥d￿010r. As Ihe Nmber of has gro￿ over ts yeats. Dawitl has assu￿1 acuncy and compleieness of ow Gi Aid daiwts helping to maxirr¥se our (4th fk)w. harxfjng over a slabl• wr*ss lo keep GrftAKI coming in. In a busy active ￿Tth. changes ￿ slaffiTr3 aryl le•Jer51Mp we a nabya part d ¢hwth fjf¢. and 2025 a yew ol transthn. Ea￿ in Ihe ytrar. ourAssociHle Vlcar. Nel Sm¥t. tegan a rwi role as Leal for Renew ln the thocese and left St Jtyle's in Febnjary 2025. Later in Ihe year. c*x Vtsr, Adam. and hi5 wfe Jes& w￿) had Served Ihe slnce 2020. were c4led to a new role in Warwthshwe and departed In Octobw 2025. As a re5uIL Sl Jude's finds itself. for Ihe first time in many years, *ilhcKrt th"pen¢thary rlergy. churth ha5. hxevei. ¢C￿￿nUe￿ to be vry well support8(I by ils lay staff team. PTO dergy. Re&18￿. arnj lh6 many w*Antetrrs WIK) Ccsntribule so g8fi8FOU51y to th8 life and ffuiu5ty of St ￿18.5. PAROCHIAL CHURCH COUNCIL OF STJUDE, SOUTHSEA PCC MEMBERS REPORT {CONTINUED) FOR THE YEAR ENDED 31 DECEAIBER 2025 REVIEW OF THE YEAR 202$ {COPrnNUED) Staff {contlnuedl During the yew. wg also saMI gOC*J￿ lo Ha￿￿. who tx¥npbgied a year as an intam. and to Abi. who served for ¢)ne ￿r. W• wére ￿eaSed to wekcmg lo thè DY IDiscpleship Y•*) prograMn￿. Jonah icAn8d progr3rnm8 bul was bwlh us cmly Sc¥7am Mumed from 18ave dutirffj ihè year a)d iesumod her wryk on 8 part4me basFS, whik Faimlan conlthiued in pern￿r￿( part4ime role. Both Charknttè and am made an outstarnSrg conlritwbon to thg chur¢*'$ sfè ￿ rThrM* throu9h th￿"( hpJi level of skjll. professionalism and c£¥nrniirnent. We also sahd th8nk you and ￿￿1)ye to Kalhy. sewl as the PA 8nd has rrfmt moved on to an ex(4bng minislry role wc**ing vlilh chilthen and y(X¥bg ￿drtI0ry. we reccrfded thanks ty Tknrnas Holdèr. who eon¢4uded service as part4kn￿ Saleguarding Admttlistr3tr￿. PArt￿l￿r rec¥WI￿ shwlo also be given loAli, CL¥ Flnance Officèr. has tskén on a *?de range of addtti¢xMf resp)nslbltss ¢*JlThJ Ihis of c*ange. Sh& has th)ne so with greal cheeri0r￿ and v•ll￿gneSS and has th 8 wperb job tn helwo Ihe chlwth's fmartès adapt to thè ¢harYJès ￿¢￿i81¢d wllh the vwAncy. In February. a number OF members of Ihe aga￿ attended the Wlnè LewJer5h¥> Conferen￿. This FwoMde(l a valuat4e opportrjnty for retreshmen( rerewal leamm￿. The quaFty of the kaching was exeelent. aTrJ the ¢onfwsn¢* alsi) Olle￿ an oppJrtLirty to others serwng in c(¥npwable church contexts across the country, enablrwJ Ihe shawro clbjeas. resources and gwd prncbce. Woyshlp and Teachlng ()Jr pattorn Ol￿r$h¢p on Sundays OJriNJ *Eek has ￿mained consisknl durfng 2025. ￿leCt￿l9 the thythm of gathereo wowship descnljed in rxjr parTsh prfe. Each week we meet forfour regular Se￿ the 9am traditiwtal service, Ihe 10..45arn famrty seryice. Ihe 7pm evenw 9alhering. and the Thwsday tr￿dW￿k (#)mrrrtJnth seNce. These seNices tcrfJelhèr fefit¢t the brèadlh of our thurth faN"fy tre* sp￿$ fu peopte to gnCOLmter Jesus, grow kn laith and worshlp tLW. The mldweek cyJmmunlon servke Cc￿lIn￿eS to fckn Ihe of kdlonary. prO￿d￿J a reftaclfve 3PaC C8ntréd on Sfthptvrg. prayer 3XTament ITr the &Jnday moming sorvw 19•m and 10:45aml. our pw¢hirvJ d￿n9 Ihe year has fdkjwed a number of t4blic818eries deswJned to help us £wcw in ￿derS￿￿lIng of Gc*J's w￿d. We bew th¢ year walking Ihr¢yJgh the book OfJ¢￿mi0h. 0xph)rV￿ themes offarthfrjness aTrJ hcpe in rknlknr9lrg times. t￿￿r￿j the surnrrerwe spent time in the book ol Jamés. fo¢vsry on practra Chri5ban dI¥l￿1p, arKI also leflert￿ on Ihe"l Am. sayirwJs of Jesus in John 5 Gospel. In the at￿jmn temi we studul Phthpiians, bef(Ke enlerfng ihe Se￿ of ￿1vent wth a shorl serles preparing u5 ts the I￿￿bratiC￿ of Chr￿n At th6 7pm e¥eniTrJ servrce. wldth offw5 a rfy)re eorrternpor8ry *trsTrMp s￿, began Ihe year sttxlyrng Hebrews, and be a IMyl*hl 1rttho yoar. PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA PCC MEMBERS REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 REVIEW OF THE YEAR 2025 (CONTINUED) Mlnlstry Chldren and Famllles The thre8 main elemenLs of ow V*ryk T•rilh (**]Ten Tamth ar• omnty Suiiday chibjrèn's L*DU￿, Lit￿? riddlefs paient & ityJ(Mer group Ond evurts and semces lor faTh*5 thrwghrAJt the ye6r. As Chikjren Farnd Mhii8ler, Bethan k8 aLso ￿v£￿Ved in regdar ttleL*ve worshy ai tN)th w thurch school and nursory. w• hav9 wdcom&J Ixth srhool aThJ nurngry to thurth fcrf SpeTr￿ service5 and wrripjum vigts. We currenuy have 65 chih*en cw SurMJay ¢trihYM's mintsby an average wÈekty athnd￿ of 3040 alr0￿ 3 woups they L7Jffenty In. Whilst Ihis is a (Nerai rLunbers of thiktren r$gis￿led. wo have rrL*e fami￿S 8ttending church on a fegLlar basis rathef than onr* and rebJMY￿, 30 tlys 15 ¥ fve slgn that famrtles are feefry Wdc3Y￿ aNJ pwi of w chuw fwnty. All our L￿Jren's groups fo(JJs on storlej from the Testanenl ltsathNJ intrj Il* Chr*lm88 stw in the autymn term. stc¥ies about Ihe fjfe of Jesus In th* swing temi, feffleca on a range of clwader of God. hthv 05 Chrisuans and what it ￿eanS io be a tt* swNner lerm. We have rea¢*Ed of a >year bespoke planrung cycle which 6ethan has wrltten kn St Judè's. and thfjs mean5 we can now repeal arml refin8 this aThJ reuse the res￿rceS we have it)vested in over the past 3 yeats. We ar8 so thankfrj the fathfid ser¥Kng of the amazry team olvokjnteers ¢xJmmiEled to supwbrxJ our chldren's ministy cffi Sundays-*E codd not do it th8¥nl We ctThnty have ovw 120 farnliBs wster&l f(x LitNe Thlders past y&3r. we welcomed an average of 3040 fami&8s a week. We Sha￿ a stuy every TApek and use cTrft aLknb85 and $ersory pty to rpinforix key messages trom the stories. Many of the faInTr￿eS vtho com to the grojp have also 8tt8rthd olhw 8¥ents at thurch thriwlbjut the y arxl some have become re9ulw nw*bWS of w 10".45 (tswJregatson. One of the highlFJhts of our year is the Tth Bws al fv end of Ihe temi Twhen share a PK•iC and play in thè churd) garden IC#3e1h￿ oWde£￿caI￿ Lith TNJdtws team serve fathfuly every week. shDwAig car• and att￿{lon to the 1amir￿S Ih•y meèt arKI sharin9 th*r wrthusp5m kw8 for JegAs. A¢rc6s the yeaf we have met with thli (ken ￿ famthes thr￿ a of ofta4)ff 8vents aeb¥itsS. iirAudw our Sun%ner of Fun ses5ion$, ow L￿h1 Nighl in NMmber. aThJ c*JrAubJrm aThl Easter Famly Fun sossiC￿S. Th9$9 •vents arè an imptylant part of otx tyjtrèach lo ths lool coffffjwty. our thurrh is a placè of wdcome and enabkng US to share the k)ve of God ￿1th chldren lamifies. At 8v6nts, we ah¥ays S1Jnp￿ peopl¢ to olh¢r ways in wlich they become rn￿e invrfved in the ffile of(w churth. Flowers & FVLZ have boc popular wilh mums fr(ffi Liilje grwp as ￿ as crtjr church Iwnly. giving them the OppOrt￿lty to be refresw thrc#Jgh rest and relaxation fri￿￿J& B¢than. our Children and Fawrwlies lainist￿. is n¢￿ trthing fcff tythnabon aEc¥¥Jsde serv¢ftg in pah4 at St Jude s. Bethan is baknung ar•Y 0ppc￿tunrbeS ￿ her rrNnisty to chldran and fanwlies gaining expellen￿ in other 8reas as an cwdinanfl. and we hop¢tul that we WL¥llt a Dis¢ypJgshsp Ye8r 51udent support our (thildr8n and trdrnlf￿ work tn the crynlry star to SUPF*yI Belhan aryj inuease the pvtential for us to devekjp new inltiabvtt In ttds mlr#sty area. PAROCHIAL CHURCH COUNCIL OF ST JUDE. SOUTHSEA PCC MEMBERS REPORT {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 REVIEW OF THE YEAR 2025 ICOPrnNUED) Youth Equlp: The Pri￿￿ry am ol Equip s to pro￿de yThing ￿th the tcd5 tly need to nurttffe their relationship with God and take (Avnershp of Ilvr (￿*)1e￿Ip iouff*y. We we stin seeing fruit frwn Ihe tharrtJe in ag8 in 2023. It has been inuediNy SU￿$s[ld. opÈnnvJ w) Nk)re M￿IngfUl and engaged crmvetsations. knying to *isibte growth in areas suth as prayer, &KI pec￿￿ to wt ￿10 L¥bb¢al kn￿￿edge they ￿teadY P0S5ess. This yearw¢ h8¥e C￿lenged the Y￿ to P8rtake in the tyt* in a year. We (wenty have 10 ytth who ar8 readirrfj the t¢ble daity *iih tt18 9)al to c&iWetè Ihis cww. Be Group: Be Grow) Is a tynamK grw whwo we defve deeper into the Iw*er qL￿Stths wrrwnding God and rail￿ Bè Grpup's fwus l* pwbcip8nts re•Y the BiLle themsefves, draw petsrxkgl bilAiral Inslghts, and appty these trulhs to th*r everyday INes. VWE have alsts nottsd a iislNJ naed to adthe33 men181 hea ncerrts among the yxth, patrAd3ty anxiety aryj depressiM. In response, we ar8 planning to txlrvJ in OX￿￿5 tg 9u*Ye us and adapt ow s¢ssi¢)ns lo 8(kEres5 the5Q FSSU8s rThye effectively. We are 8150 IransitionttyJ t10 depeTh*ry on the week. Despite Ihls. we havè fart that t*"rwJ a group 15 an tune wEek fvjr those th) attend and qUa￿ty of sa￿ethp is ffl0￿ Im￿nt than the tymntty. Be Iws essertiay be¢L￿￿ a lrfe lortht yo￿h. MI￿ fid¥: H*h Tide is a •v•nt across varitsjs chLwc1*5 Ihe Portsmulh area. exlenthng as fai as Erns%sDrth arKJ Portthester. Th? event ir￿￿85 foo(I, grn. vKth"p. and Ht* fide has eXPe￿er￿ed slgnificant grmh this yeaf. alteThl*Ke [￿rtY douL￿"[¥j frL¥n 4(W in late 2022 to a regular tur￿￿ ol arouThJ 80 young p80ple. Oesptts th& thalknges thal with ixreasEd we have been ab￿ lo mainlain consis18nl atlèndanca. HwJh TK19 is 85pea* valLHbb fL¥ ylxtrg t￿rIe frcm £hurdw vthh smaller youth groups, a5 rt prtiwdes an OPFOrtunity to o)rLneLt a krge conjmrrity of thsir peers 8ryJ worship together. 11 akn helps Y￿n9 slep oulside Ihe confines ol Iheir thurih. ￿tri9 olhers fmm drverne backtsvDur>ds and varying SW of I￿tr. Th& ovènt t¢¢tets a sense of uruty. a strowÈd fcA*S on Gfyj's lan fcf Hi5 kn'ngdcffn in Ihe city, ralhgr Ihan wst I￿￿￿1dual (XKnmunl￿$. Addit￿￿. a 4• Hp3h fEsKJenid t￿* pbce in 2025, wth 53 yckmg peoF4e attending, 17 of whom *ere ffom St J￿￿.$. Th¢ was an exutry opportunty ior somt youth do nol f￿￿arlY altenrl youth gf¢)ur6 ktr rAJnnecl and beco￿* fr￿e invdved n our vaibxts prcy3rammes. Ja¢k has taken on a leadership rcle wilh"n Flgh rth in the Steeri(¥J Team. whth involves reg￿r me¢tiny to plan ￿ trh3 Pictwe. Ed8n.. Towards the end of 2025 we ￿ a skjnifthnl decthne in St Jude's ￿)uth at Eden. Tt¥OLb9h conversatH)n wilh the youth the deta51￿1 made to fcw8 w energy on VeThe. High Tmje and (¥wff yOLrtfveva*s k'ke Flip Oth and taklng the youth to s(￿ps kf an ¥c•)Js haryest aTrJ c¥ealbJn aThJ at thg •)d of haw (em7 w￿l¢0M￿l a spèak8f from A Rocha was wtspwing. Frlday Frldga 1X￿1￿Wed to krnle meals and a wam spv every Friday ihr(wJh tho yoar. This year il cdebraied the 191h b¥llM1ay ol Fivjge. CWr Ihe cowse ol the year. we prO￿d rne815 to an average of 36 gy8$¢s ¢n each eveniro. We have contin1￿ to prow￿& a heamhy opbon nwl (￿ce a mrtlh. as as our rewlar fare of bacon roHs and chee¥e loa￿les. This ministry w￿U•S to 9Tants whid> fuo4J mosl ol the costs wolved- I￿￿dIng a partnershlp with Ihe Lounge bar. l)Jr Llnk Events. whth s¢•k to re¥h out lo those ui ow ry*nI￿nity. Ihis y8ar started *ith anolheT successhjl W& Love Sovthsea pancake event kn FeLYuary. was foUC￿ved in the swnm¢r tem by a Ptymns of Praise event where we wel(x)rned Pam Rlh>les. cake seprtd afterwards. We again had our church ganjen Lyen for the Saturday of th& Fcx)d F¢stNal. Tlw in Seplernber we offerEd a very c￿arn Tea with Icrts of lun for tha ¢hrldren. along vAh ow Ltyl NKJht e￿1 in Novwnb8r. Our Reception Team kept the thuth ¢Jpen from 10am to 12Th)￿ ￿ rTh)st day5. LKrt in the rrmddk of 2025. we took the decisi(￿ to dose the reception Fridays as there are a shortage of wAurrteers aThJ paid staff in thg bufjthng on Ihese days. We have now manwJed lo gain a few extra vc4unteers aThl rwened on a Fr#lay bul sbll remain on help for a T￿$day. PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA PCC MEMBERS REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEPABER 2025 REVIEW OF THE YEAR 2025 ICOPrnNUED) ssion Support Misson SJp￿)rt ￿mal￿ an wnp¢rt￿* part of ts fire and ca￿l¥j ef St Jude'& As a churth w• aro romrnr¢led lo sharing God's I￿ noi th wilhln SoJ•wa abo pwl• wilh Lyganisations ac¥oss the UK arwnd the ￿. A Missie￿ Support Group IMSGI meets lo way ts rAff marrtan relallonthlps vAth t￿. aThJ gncouragè a cjjlturè of a(soss ihe c0rKJ￿a1kn. Rewesentatives Irom a Nmbèr of missfon orgaNsa*ions are part of thi% ￿, helmng the churth stay cknety to Ihe work belw c*rted in dlff¢rerrt part$ ol th& w)thl. As part ol our commrtment to rni3sKffi. 10% of the churth's y￿nt￿y inc•Th Is set a5tts year lo support ry￿?5￿0n parther5 and organlsatkffls ttyNxl parish. r regu18r mis&on partners cwenty inckth oryaniS#1ity* as OMF. Intwsew, Church So(ioty. Fiiends 1rt8malional, MISSr￿ Awlwjn Fellry*thip, TeJrfvJnd. Bibkn St￿￿8ty. CPAS and Spmt in SporL In additi￿ to gw)k>)rt thè ¢Mtrth v3bJes OppOr￿n1￿¢S to h¢or threcty frryn nknlon pwm•rn. VtslbrwJ 3peakeTS regula share stories of the tswrAved In. help1￿ the CorW￿at￿)n engaged wrth thè wkl8r MI$$￿ of thurth and ￿n￿UragIng wayeTfvI wppyt tlwe miiMstrie$. Thrtsugh prayèr. pather£hp •id ￿¥￿￿J. we ¢¢￿11nue to seek to Flay w part in ¢3od'¥ L¥)Ih locally ond globauy. Occasion￿ Offic•s Ilve love méekng Mlh mernbern of our CLMJmunrty ihrwh our ￿r•s1￿1 offices. althtyjgh ￿ tend lo see mo members ol our church famtyi for these. In 2025 we W O w&Jdlrgs. 2 ftwas in the church and 4 wrvices in cxernatrxiums, b8ptsed 8 th*Jren arnl 5 and 4 athatW5. Safequardlng & GDPR Safoguardlng refflalns of central iri4xyr8n￿ ￿ us at St J￿.$. The Saf¢gwdlng and pastor￿ ¢>oup (SPAG} ¢Mtinued to me¢1 reg￿artY to 5r￿al5 and to ersJr• ts kept as safa as possiLq¢. The nation￿ thurch rewrote th¢ir w)ky doOJ￿ duriThJ the year. aThJ so be re￿￿e￿ in 2026. rather tre u5uo1 rwew over the ￿￿[1￿. Jan Pa￿1n5 and Lwia conttnued 10 5er¥e as PSOS (Parlsh Saf&guardlng Offlcersl. aThJ tth reported lo every PCC me¢bNJ *1 Septenkn - hkJhHghting scmne ofthe lessons learnl from the Jth Smyth case. Thè s•fo9vardll)g officers Iwe • $v￿lfir￿ wjlick in Rep￿ling Incidents over the last ygar. par￿(w1arfY for vulnerthe adults. Thls is not n•eessarity WT¢g*g as tt (an be represèntalve of us rexhing more vulnerable aThJ belng th)re aware ol issues of in geno43L Hcwever. this has generated a krge amount of wolk for both the incwnbent and PSO as work vAth Ihe dlocese to pro¢w such Issues on a regular asis. Tli$ at t1￿5 has be8rh demanding. espeo.dty gn¢e Adamb departure. Whthst we with the dI0￿Se. they are there ￿lm￿llY to and 5upp¢yI. t*knitsl the PSOS uThJwlake Ihe Ibryk. The Childr￿ and youth thlets eonlthue lo tllth Jan to wllor ar¥J reF(rt concems. The ¢hargtng wesyjres PAROCHIAL CHURCH COUNCIL OF ST JUDE. SOUTHSEA PCC MEMBERS REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 REVIEW OF THE YEAR 2025 (CONTINUEOI D*4nery and Dlocesan Engagomont tkning his time wth us, our c(mt¥vJed to re￿1 si Jude's Yth'n lh8 ¥•id8r church al deanery and docesan vsl, induding participati￿ in dèanary ¢vents, Ihe Oeanwy Standry ￿narTh Commilte8. DkJc•san sY￿J. 8nd th# Bishops C¢AWKA. Duftng 2025. he aly) Contri￿ted to Ihe devebprrwrt of Ihe POrIsm￿l￿ Deanwy Plan. which ra$wds b) the dlc¢8san vi*on to f*come a 70ju￿1alfft9 af J8W-C8thd. ￿n9￿)m￿See￿Ilvj discple&" This plan seeks to strengthen ¢c41aboratAM betw aJD55 uty and prwJritis8s mnisty wilh childten, Wthin O)e S(*Jth*m Clust•r {St Jam&s', St thtde's. St SirrK)n's St Margarefsl. an irnpr#1anl M￿e$lone during the year was Ihe appotntrnant ol Re￿1 GTeenfith a% Pr￿￿4"￿￿ar9e of St m￿aret.3 ComM￿ty Church. lthnsed in Ociober 2025. Al Ihe sarne tlm8, R6vd Fw led th• OWI rev*aIsab￿ of St Margaret's. was appe4Thted Vlcar of C05harn and ￿men'ng. to de¥eW a simlar Cnmrrnmrty4￿ISed dKrch revrtaksalion woied ￿ th¥1 of Ihe city. together in mlssMM anE1 supm one anolher's fftnistry. The dear￿ry ￿4an also encourages expk)ralion of a ploneer mtrHstsy th the Eastney w. as ￿ of a vmler vi4ion to strerwJlhen the th￿￿S presence in parts of Ihe cty where new oppwjlunrties for mi5SK)n efftBrgry. and survorting coNaboralr¥e ￿latiVeS auoss the (knler. pJtKxtsly in 74eas suth as and shareej rnlssion a(yoss Portsrnoulh. St Jwh's Church Bullthg Duriro the year, Mewn Cowd￿y. OLW vc4unteer INJiPJwy rnan¥r- storxl We are so gralefvl to hlm for hls wis(k)m and care of our t￿￿ing over the tasl cTrJple of years a numbw of ry(¥ects teing completed. In 2025. the sall in the ￿tranc* wa5 repkced wrth a 501KI Cel￿r& - and rew fkx)ring was fitt￿J to back 8ntraE)ce and recepoon area. The nw)sl Sp￿TrIcant of7Aryk was the solar pane15- Mervyn oversaw until (>)mpletion - rema￿ grat￿1 ￿ him fL* this. Wè akn instsmed a new electrK ¢x*)kw Inlo the kkthen, Yrd5 gN9n as a nd gift from a bxa iity led woiecL Debkne Sutton. wl¥) is th (Njr PCC ments of oJr mldweek cornmLmity. has Wt4) ￿ briTrJ tofft a team of ¥0[￿le￿? to Ove￿ thè Ihe sUPWrt ofthe chxch office. PAROCHIAL CHURCH COUNCIL OF ST JUDE. SOUTHSEA PCC MEMBERS REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEPA8ER 2025 Flnanclal re￿•￿ Si Juda's Qlumod a surplus 01 £84k from th8 ry￿￿Ded adiwi*s ol the Church NU￿ry. Chwch ac*'viti&s ome grew by £1k cv•r the course of the year. F￿th•￿￿. o¥eTrl thwch incth)a iNtrgas¢d thanks io a growlh grant income, including a dtsueih)nary Ihe Sl Dws an Eco Churth grant fvom the Afchbi5hop'5 Council and an increase in tjscyleship Year parb"apants. Tlp granl awardry bodies. lo whom we èxtend our thanks, ￿ shown in Note 3 01 the aLwunl& Nursery grew an (nuease ￿ Dis8bih'ly Allowance Funding, l.10•1 lundirwJ funw h(xKs fw & aThJ that ￿fier￿e￿ ¢)Jffenl I1gnKoraphi¢s ol the N(trsery wpus. Church exFenditure gwew y￿rh an t4rrt requ(reAI to malntth the bulding. VlhiJ5t the s(4ar proièct was mosuy lunded Itrrngh ￿ants atyj Nr&Jnt¥y wiry. eX￿dit￿m ￿ rthnkng repaws to lh¢ IxJfyJSrN f* fixknres throswas hlgher At 31 D8c4nber 2025 IheTr ￿ tolal furrt1s of £1.rw.316 £32.5B8 was enthythmgnl £406.340 vns restricied. £633.276 VAS de5vJrraled £8.112 was u￿￿31nd￿. Both Church 8nd ￿JrSery rn&niained a slat4• ￿$h posi￿ over Ihe COLWSa of fv year. ArKI both wÈTe ablg make pay rises io staff in lin8 w#1 1ftr*￿. Ros•rves Pollcy 11 is PCC wAicy to maintsin a balance of 2 monlhs ol (wal*vJ (tsts un¥85knrled ftjnts (bf Frf)ss&)lel to cover emergerw srbrdtions that arise from lim to trn8. St Judes Chjfth hokjs £46.125 in a ¢leSl￿ated atrLount and the Nursery £50,LW iwt a degwed fuThJ acctsjnt to Ihis wiremenL The nursery ￿$VIvO bg RISK ASSESSMENT The ChU￿h is encwfaged to tse are to tho (UbTrn￿ of lh8 charitabb PU￿A)se of the organisats"L￿. Th￿ ￿dertakIng has foojsed Ihe phyg¢zl wac41￿ ralherlltan the writual Loss of the building Tham would appèar to bè sevordl options io ensur8 contwiuty of Sunday w￿rShiP shwhy Ihe bull diThJ bg rgndefgd uNsatAe for whatever roax￿. There aro hvo 5chc¥* in tha immediate vi(xnty wth both of vthom Sl. Jude's h8S good rdati¢)ns. The Church aso 0￿$ Sfv8r Slrtet Youth C8nlro vhmch CLxthI b8 US9d. abgil ￿th somè *j£tstmont by the Nursèry who arè thb priw wts. SL JLKJa'$ Sc*hxl vmukj also bo an optity). ￿be[t that th& buil(fing is c*Jts¢de of the Par*h. It is suspecbj that Ihe PfOVinfJn ofa venue for the Churth 1)T￿ and ￿ varHx￿ events thal lake pJ%e in th8 thurch tsjli ding mbht b¢ mor¢ Any lonHemi of use (rf the buitrjwvj M￿h1 be arrellrKated by the le388 ofa shop Mthin Swthsea StrwFth9 CentsB. sin￿ the ￿￿OrCed ck>sLwe rnsuhing frryn Ihe C4}v￿19 cri555 Ihe ¢￿Irth ha5 uwj arhj scoal r￿dia to provlde parishbrers vtr￿al a￿$ ID WLYship Wv￿%$. wps. fea(&ngS and ￿fleCtIonS. The Church has upgr&Jed telephony io enabl2 slaff to work remDlety (Iury Feric#Js ol knckdcp*n. and IINS cen be to engjre the efficient of thg Churth staff are NJt th trj wss Ihe bul¢Jing. Finandal Overall raseryes ar• consid8Fed deal ￿ nx)5t uftfrn￿ rewireffEnts. The bLdk ol 18serytss are contained in [￿d$ Ihal thè PCC ha5 desmjiated for parb"cuL¥ purF¢)ses. mainty associal8d with tt N¢Jtsèry. Th8 Church h8s rxjmprehonsive insurdnce whK* txwor m￿9 9enéral rataslrophtc èvanls. Th8 Churth Maintains a port#M ol its tunds in readily aCC￿￿re aCtO￿ts to meet vwtedialè demar*ts. 10- PAROCHIAL CHURCH COUNCIL OF ST JUDE. SOUTHSEA PCC MEMBERS REPORT {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 MEMBERSHIP OF THE PAROCHIAL CHURCH COUNCIL PCC members are elltw ex4thJo or ekded ty the m8etff￿ in acoydm Valh the Clwrtsl Representation Rules. The PCC consisted ot. i¢•T Alam (untl Oct 20251 DavKI Ba()Jn- Vic4 Char Bekn Fojell lunil Sept2025) D•an•ry Synod R•pru•ntatlv•s R￿le Fry Elected Members Jan to Dee 2025 Elecled Members stepW down in 2025 ICWed meth apFQin18d in 20231 Eleeled Membern 4ppointed in 2025 A￿ard Bollon- Tr8asuror (c￿ membw appJ"ntsd March 20251 {C04)pt6d mefi￿8r appoinied March 20251 Nawkn lapwjinled May 2025) Andrgw Waker (appointed May 20251 Slgn8d on bghall of the PCC on 13/5/26 ch￿￿hwardQn- Davld Bacon 11 PAROCHIAL CHURCH COUNCIL OF ST JUDE. SOUTHSEA STATEMENT OF PCC MEMBERS RESPONSIBILMES FOR THE YEAR ENDED 31 DECEMBER 2025 The PCC rn¢mbeFS, are also Ihe Iwstees. a￿ resp(v)sth f¢* prep*1￿ Ihe PCC Verrt)ers Rep￿l and the accounts in a￿rdan￿ Mih appkaile law arKI Ur¥ted lfjryjom Aoxuntwig SI￿dards Iuniled Kllwm Ggneral Accepted Acc(oJnbwJ Prauicel. The law apFlicable fo charibes th Eng*TrJ ¥#J Wales reqwes the PCC ￿nber5 to prepare a0￿Unts Icff e8C tknartcoal year which give 8 true a￿1 far ViV4¥ of ts stale of affan of Ihe PCC of St Jude anLI of Ihe Inc￿mIng resources and applkauon of resoJYees of the PCC of St J(Kle fw that year. . obs8fVO tho mgltrb￿ and ￿1r*4p￿9s In th• Ch8th6 SORP. - make judgements and esbmat¢s th8t w¢ r*asonat40 and . stsle W￿ther 8PF4ic8t46 accwnting sl¥thds havo b¢en fdk*d. wbi&¢l h) •)y matorfal d8partwg$ ths¢losed 8nd expt8in•d in the 8¢¢ounts.' 8nd . pr•pare th¢ w)unts M tho gthj corKem ba￿ unkss rt15 inPWOPrtate to prewmts Ihat Iht d￿rity WHI conllnue In opgrntton. PCC membefs are responsible tor ￿￿r•) 5uffKwl accountiw records thai ¢W)se vthh reasonab￿ arLuraGy at any kne the finanuaj of the PCC of St ￿de ar￿ enatrAe Ihem to ensure that the ac(xJunts cornFty with the Charilies Acl 2011 arKI the Chwch of Engbnd Ao))ui)tNig Regdal¥)ns. They arè also responstjle for safeguardir¥J th8 assets of Ihe PCC of St Judo aTrl for reasonale slepg kn the wevenknn and de*lion oflralhl and other Irrww￿es. 12- PAROCHIAL CHURCH COUNCIL OF ST JUDE. SOUTHSEA INDEPENDENT AUDITOR'S REPORT TO THE PCC MEMBERS OF PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA Opinion We have audiled the fiTranci￿ $tatemen15 of Parochid Church CLMJnuI d St Jude. Southsea Itbe 'PCC of St Jude'l fcw the year ended 31 Decethr 2025 ThthKh coryrise the strtemenl of tsnraal thties, th* bala￿ shegL th¢ ststem•nt of cash fbws and notes to Ihe financlal statemthts. inthdmg accountr.ng w4iues. The financlal orung frarnewort Ihat has been in Ihw weparation is applicak4e ]8w and Uni18d K*ngdorn Awounlir¥J Standafds. induding Financial ReFKthg Standard 102 Ffv7aml Rgpytiry Standard apthble in Ihe UK and give a true a￿1 Iwr View of Ihe stale of the dwty's affa￿$ as * 31 De(￿r 2025 and of Is resources and applution of￿$OurceS. for the year th￿ ended. and Bas1$ try oplnlon We conducted our audit in 8￿r￿aTre4 wilh tntwnalM*al Standards th) A￿li￿rg {UK)115As (UK)) aNI app￿rab law. Our rnsponslLy"￿1laS undw those s￿dardS are further deS￿bed ￿ the Audrforfs ￿sPOn￿￿111tses forthe audit of ihe finanoal statements section ol our reporL We are tyMleFeThJenl ol Ihe PCC of St Jude in ac￿lT0￿ce v4th Ihe ethical r8qLrirem￿l$ ihat are relevant to our audit of the ffina￿ja[ 513ternents n the UK, inL4udiNJ Iha FRC'S Eih¢cal Standard. and we have fulfilled ￿Jr other ei￿ra1 rest4￿￿1N"hl￿s li a(aX￿d￿ wilh lI￿Se reqU1￿Men1& We bekve that the audit ewdence ￿ have oblained is wffo¢ni arKI awopi&*e to provide a basi5 ts our opinion. Conclusions relatlng to going CO￿t￿ In audttmg the financial statements. we ha¥* Ih8t lh• PCC mombers vstr cl the ccKKern bass of aco)unting in the preparatwi ofth8 finanr*l stalern￿ts is apwr¥Thts. Based on the Krfk we have pQrfcfft￿. we have not ¥18ntI￿ aTry matwiaE ￿¢artaIntI8s r8lating to 8vants or n%*lions that, individually orcdlectN8ty. may cast s￿)n)r￿an1 d(yJbt on Ihg PCC of St Jude's atrAfrty Its ¢￿15nUe as a goiThJ conc8m for a period ol at teasl twelve Th￿1¢hS from %thgn thè finatKkl statamants ara aullKJriswJ fLY iS5V&. retevant seclions of this reFrt)rt. Other infomlatign The othèr infornHtiort comprises the Infomubon indLthd in the annual rewyt otsr than Ihe financial 51alements and our authtors report the￿on. The PCC members are for Ihe Other (nfLYmalknn ojntained Ihe annu31 report. Cxjr opinK)n on the firwK*al slaternerts does nol cover ts other inlorrnatifyi and we (k* not expr•ss any forni of a55urarKe condusi(m thereon. Our to read the other infurmalKJn 8nd. n d(Mng so. consider the olher infc¥mal1¢￿ rs materialty Th￿L￿SiSte￿I wilh the fin*Kia statements ￿ our knNSBdge )lained in the course ol thè 8udiL or kn Sp￿TS to be ffis5ts1ed. If ￿ HIe￿Ity such material consislenoes or appaienl material n¥sstslemenb. we aré rgquired lo detèm"n8 Ytheth8r Lh￿ gives ￿ lo 8 material mi55talemenl in the fvw4at staternents themsths. If. based on the work we have performed, we condude that thete is a ma{eri￿ mi5slatemanl ol thks Olher Infeffi￿￿. we * requbred to rgFQrt thal facL We havè rtalhwEg lo report re9awd. M•ttsf$ on t•R arn f•qulrnd t¢ r•wt by •x¢•plion We have nothmg to ￿pOrt in re5[￿￿ of tr* followHry makn in rela11￿ kn wlM¢h Chariti￿ (Ac4)yJnts and Reports) Regulatio￿ tewwe us lo wort to youll. in our OF*IknI: ihe inlomiaiion given in ￿ finan(iaJ statemeftts i8 i￿1￿1 *ry m*ri* respad PCC member3 report Qf sufficienl accA)unting reoyds have nol been kepl.. Ihe finaTrial ststements aTr Th)t in ayement the ￿)￿thj rec￿￿$,. or we have Tr)t received al the infrymation and exfvlv￿S wo requif¢ for our audiL 13- PAROCHIAL CHURCH COUNCIL OF STJUDE, SOUTHSEA INDEPENDENT AUDrroR'S REPORT (CONTINUED) TO THE PCC MEMBERS OF PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA Resp¢>nSlblll￿•8 of PCC rwnbe As exp]8ined fulty in the 51atemert of PCC r85PCffi5ibli4 the PCC are for the preparalion of the statements and for being Sal￿fi￿ that Ihey gNe 8 tnje aTrJ frdir view. for such Intemd control as ihe PCC ￿ernberS deterff4ne Is Ixce55ary to enatle the weparth of fina[￿la1 slatem￿ts Ihat are free (rorn materRI rnlssfatemenl. *thether due lo fraud or eryor. the finarKial statsments, ts PCC members are respOnS￿4e kn 8S5ess¥y ihe PCC cl St Jude's abthty to c(mlJw8 a5 a gEMng LxMKem, d¢sdosJ"ng. as aP￿rable, matier5 related to gotrvJ and Us￿9 the ty)r**m kna￿ of acaxuntM¥J unless the PCC membets eilher interMI to ￿e operaliw. or haye no reak5bc altwnaiN• ta do 50. Audltofs r8sponslbllltlg5 lorthe audlt of thè Ilnancf81 statèments We have t￿en appointed a3 auditcw smdtr seC￿n 144 of the Chwities kt 3)11 awMI reF￿rt ￿ arxorth wilh Ihe Act and relev•)I regulalin made or havry effeci ljvethler. Our obl￿t￿•s am to obtain reasonabl8 asslYa￿ about the finandal statamonts as a whole are fr09 from metsrial fflisslatement, vth8thgr du¥ to fra￿1 or error. aTrJ to an a￿111{￿5 reF*xl that incbJdgs oyr opsnion. Rèa50nat4¥ assuran¢g is a hvjh ￿ ol asstrarKo bui is rK4 a warantao that an audil in ac￿rd¥nee with ISAS {UKI wll aws dot8# a nMs3talement vth8n il •xists. M551aiern8nts can aw from haud or error aTrJ ar¥ ¢￿sId¢red malerial If. inthdu4fy or in lh¢ agyregafe. they ccdd be eXp￿d to Influence the eCo￿￿￿C detiwns of us¢rs taken (ffi the bags ofthese fffi8nual slatem￿. Iwlarthes. InCI￿j1ng frawj. are M￿nceS ol nonunF4ante %brylh knvs aTrJ rEgAat50n& We deswn proced(Eras rn line with our reswnsitiilibes. o￿lIned atsve, to thlect material nknlalern￿ h respect of Irr&JuL4riues. induding frdud. The extent to which w pro￿￿￿1*$ arp eapabb of detectir#J ¥regulanbe5. inrAJdiThJ frwd, is detalled befgw. In i¢Jentrfvg and assessThJ ii5ks ol rna￿181 ThMsslal•menl respect (rf Ywdwiii8s, indu(kng fraud an nonL¥JmplIar￿e ￿ I￿ and regUlatK￿$. inth¢Jed tr* fLlhy￿n . Obkining an undeTstsndirvJ of the IEgal and regulatory framewc¥* in the charity OFer4tes. for1￿"r￿j on Ihose and rogLtstions Ihat had a dwect eff8¢t on tho finanoal slatements and cfJerntw)ns,' . Obtaifting an und8f5tsnding of the chariVs prwedurgs frdud risks, indudirMJ k￿￿￿0￿ja ol any actual, suspectad or thged fraud.. and . Oiseussing among the e￿Jagan*￿t 18am IMYW Whe￿ fra￿A miJht oc£u¢ in ￿ firwKial slatem•nts aftd any p)tential inthcaws ol frwd ow kThJw18dgè arh1 tmderstaTr*irNJ of tha tharity arsd our sector specifK experierKe. As a regJJl of these procedu￿$. we (xJnsKlefed the oppcwlunitiès a￿1 rKentwes that may exi%l wtthin ￿ charity for rraud. We are also rgqutred to perfc*m ¥*tiffie to reSp￿d 10 the risk of managen*nt overrtde. As a result of perfom)Ing abtsvè. we kJeTrttfied the fdlowbvj areas 05 most Ilkety to h8ve #n Impact on the fiTrandal ststernents.. ￿￿lIanc4 Y41th Ihe CharfllesAct 2011 and the Ch8ritses SORP IFRS1021. In &Jd5tton to the above. wr prothywes to re¥￿d kn risks fjdèntifipd trK*rde(I Ihe fthkno: . Makfn9 ènqulries of managettrt abclrt Èrty knwi cf siW Inslarbx of nOn-￿pI￿n¥X laws ané regulat￿$ aThl fra￿1. . Revievjing minutes ol meeting% ofthe board and senK¥ mar￿￿t . Auditsng risk of o¥8￿￿18 of ￿tr¢I$. thwh teStwTrg ioumal entriès olher adjustments arproprkqter*ess. rhje to the in￿rent limitsbons of ￿ a￿¥1. thern ts an unavoKl8blg iisk that sm m•tetial misstaiom8nts in the rinancra slalements may not b• déiècted, even thwh Ihe aLKJtt i% property plan&Y and performad in ac£ord￿Ce trith the ISAS IUK}. For W￿lance, Ihe futher removed ￿KomP￿￿ from events and trwLsaciths ojlected in tho finanoal staiements. the less IW the aLKknr ts lo becAimè 3vMe of rt LV to wnisè thè ￿￿￿oMPl￿n¢￿. A fvrlher descriptiws ol w 1è5FrfJthlths is awaikbk on tho FirwJL7al Reithi19 CwnrAI'u wEbsits atr ht￿J1 14- PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE PCC MEMBERS OF PAROCHIAL CHURCH COUNCIL OF ST JUD SOUTHSEA Use of our report This ￿port is made soldy ￿ the thaws vustees. as a t¥)dy. in actyYdW￿ wth p8rl 4 01 the Charilies IAeLounfs d Rep(xtsl Regulations 2008. Our audit work has tjeen undertaken so that we might stste to the charitys trustees those matters we are requsred to state to them in an auditofs rep)rt an¢J fw other purptss¢. Tts the fukst extent b*r￿lled by law. we (lo not a¢Gept Of a55urne T?spo￿bility to anyorE other than the charity and the clwty's InJste•s as a body. Ic* our ￿drt work, fc¢ t￿"$ ww)rt, or ts the OFxnMwts we have lorn￿. Oth￿ matter Tho finanual ststem8nts frx th• i*ar ended 31 December 2024 wwe sUtiec* to independent exarr4nation, Th)t a statutory 8udil. AC￿rdin9ty. we do nol ex[￿ an audit wnion on Ihe figUresf￿that yèar. Krtsllna Perry FCCA {Senlor Stalirtory Audhorl for and on behalf of SumerAudit Chartersd Accountants Sta¢utory Auditor Worthing l¢S.I.I£. Sumer Audtt Is the ifadlny name of Sumer Authtco Limited 15- gnated lor otherpurposes. Desgnaied frjnds c4)mprisè ftjnts wFuch have been set asKI8 at dtsCSet￿ of PCC m8mbers for spetsfic wrposes. The w￿$8$ and usas cl Iha deswatgd lunds are sg1 out in thè notès io the account& R•stn"ct8(I fuTrJ$ arè gJbJedfo SF¢dfic condllkwts by OT gFantors as to how they may be use¢J. The pu￿0$e3 uses ofthe reslrict£d funds ¥e set tha rwjtes to tho finJKial ststements. End¢)wmeni sthi8ct to ¢(￿dit￿M by that Ihè ca￿1•1 must b¢ mainiained by Ihe PCC of St Jvd•. 1.4 Incomlng rosour¢*s Irxome is rec￿j11￿8Ql when the PCC ￿ St Jude is Jegaty enbljed io il after any performance havo teen met. ￿ amounis can be measured reliabty. and it is probable IhatincA)Tr¢ WAI be rerEived. cdteclrons. pknned wirYJ cash (kn3￿.0￿5 arp reCO￿lSed on rEC8Pt. Ctherdonations are recowlsed Onl￿ the PCC of St Jude has been Th)bfied ofthe donabon. ￿ perfcffmance ¢ondilK)ns r8quir8 deferral of the amounl. Inc£￿9 tax r8cxwerBblg Wt rBIalit￿ to dc¥Htiorks wxjer GiftAKI Lydeeojs ol 1xw8n￿l is recogrysed at Ihe tirne of the Legac￿$ are wnised on recelpt LYolh8Msè rfthe PCC rf stJ￿ has been ntstifi￿ ofsn Impendkng (Vstrbutlon, am01￿ Is kno￿, and receipt is expecaed. 11 lh8 15 known, the *acy is tre8tsd 8$ conknnwt asseL I hjnds rawl by wish arthvrts8s such as the bcokstaq are aCCA>nt￿l ts gross. Ront21 inct)me from non. Snvasknenl woparty aftd room l*bngs 13 rbcognised when rthal ts due. Pamchial leas arè a¢￿Unted for when due. PAROCHIAL CHURCH COUNCIL OF ST JUDE. SOUTHSEA NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Ac¢oufttlng polfjel•s ICwrtlnu•d) 1.5 Resource$ exp•nded Costs are charged direcaiyto ts ￿5t aFpr(¥rfiets or¢*￿¢1¢%￿e￿IrtUr¢ aNI appwtioned where necessary. Grants ouiwèrd wi19 ftKin SOFA7*I￿n an ¢*41gation. whothor con6tnjd￿e or W. exists toth8 T￿￿en1 in ￿nce Tfv4th ts ￿nt*S SORP and FRS102. Parish sharè aThJ othev ctsts dw•dy relatiTr3 to tho woth aThl ￿tsV￿￿8 ofthe Cbsch aTr a¢c•)untsd for vth8n théy arè inojrred ¢Y be££￿e due and payat4e. 1A Tanglbl• fixed ass•ts CoV￿Cra￿d and F¥uFvty is pJdwlgd frryn th? S1012Xa & cl ol ihe Charths Ad 2011. Moveable ftJmithng5 held by Ihe ChurchWa￿T6 ￿ spetial tiust foT thE PCC xnd whkh require a l?¢ulty for disposal are Caprtsh"￿ * c05t 8TrJ written off over Itw L¢efiJ ec￿orrI¢ Ilfe other than insufficient cost inf0m￿tion is av&lable. In tr4"s case the ikm is FK)l ¢wtaW. ￿ 15 included in the Churd)'s invenlory. expendiiiKe iwed duriro the year on benefi¢e I￿1￿*"n9$. ￿110￿¢￿ for maintenance or Thprovemrt i8 Wrltten off as exp￿rtUre arxl sepy*ty disdosed. Olher TangIb￿ r￿d 8ssets are iNtAfy at cosl aTrJ sthelue￿Y measured at cost ￿ va￿￿1￿. n of dewea'at¥)n and any Irrpawnydrt k6sss. Depredaliw *s reccsnised so as lo tAYile dl Ihe (osl tyY41Uati￿ ol r￿10[￿1 vabjes their F￿hold and Fixtures and frtungs 10% & 25% str¥b3ht kne cf reducing balatKe Fraemd LgrKI is not Th¢ PCC has dec¥Jed nol to proMd& daprgoatson on (MI￿1 prcywty as fixed assts as tt régards th& buldings as hawng a hvjh residual value. The galn or l(w atsirg the disposal of an asset Is deterTr￿￿ as th• thfftrrtnce b¥lween sal? proceeds and tho cary"rvJ fdlu¢ gfthg assol is ¥e(z*Jnised in the statenN8nl of finandal acttvil*. IndNidual it8ff￿ ofequwwA *ith a wrdmse valua of I￿18(£3.{*)0 knyillen cff when wu*ed. 1.7 Impalmi•nt of Ilx•d ass•ts At e8¢h rèportsn9 ¢nd d8te. tr* PCC of St JL*Je re¥ie4WS CaTJWYJ of ts assèts to detennine whether lh￿ is *ry In￿lCallOn Ihal th)se assets have suffwed an impaimenl k)ss. If any su Indi¢at1￿ ￿l$t￿, the recJ)verat4e arnO￿t of the asset Is esttmated to detertnine th8 exient ol Ihe Impalm*r)t kjss lff 8nyl. such irklitatKins vfft noted. 1.8 Stf)¢ks Stocks ar• stat*d at the lower of u)5t aFKI net realsable vak*. 1.9 Cash and cash ewlv*nts Cash and ￿$h equtvalenls ￿KAude cash in hand, d8p05rts hèkl at eal *ilh banks and oihgr short4omi fiquhl inveslmenls with ortgirtal ofthm rrx)Alhs or kn. -21 PAROCHIAL CHURCH COUNCIL OF ST JUDE. SOUTHSEA NOTES TO THE FINANCIAL STATEMENTS (COIrnNUED) FOR THE YEAR ENDED 31 DECEMBER 2025 A¢countlng poltcl•s ICgntlnued> 1.10 Flnanclal Instrumonts The PCC of St Jude hès *ded to ar4* the prov￿￿ of se(th￿l 11 '8￿ Fmantsaj Instsuments. and Ser￿￿ 12'0ther FinancA81 IrtsIrU￿ Iss4*' 01 FRS 102 10 811 of ts instruments. Finarwl Instrulrwts we rec(ty&Y th the PCC Lrf St b8kne **et PCC of St Baslc Ilnancialassets Basic fin¢noal assets. hK*Klo d8btors and (xh and bank moasurtyd al trarwkn ￿¢8 ineluding transaction costs. B4slc financlalllabMIII•s Bask ftsnclal ThabllO&s. arè re(tyiW at t*1￿. Financial liabiltbes derecwis•Y when lh• PCC of St cknlgatKJns eyfjire or a 5dM9￿ or tsntd8d. 1.11 Employee beneflts The cost of any unused h)hJay t￿lI1￿nent is roC(w￿d in ww)d in the empknyee's Se￿1￿ 8 Terrnlnab￿ benefils we recognised Imm&Jiately as ai exF¢nse *tten Ihe PCC of St Jwle i5 demcffistrabty committed io lerrninate Ihe eryI¢yJn￿I of w ernpbyee (w b pro*ld8 twrnwwlion l)wJeftts. 1.12 R•tlrgmgnt ￿n¢￿t$ Paymenls lo defined contritsJkn ￿111￿ment bgnefft s￿￿m&S as an expertse a5 th&y duè. con1n￿l￿$ arè p8ti1 trj NEST the vthrAac4 Fensty)n set ￿ by lh• gJvwnrrenL Crllkal aecountthg estlmates •KI judgen￿nts In #pplieation of the PCC of St J￿Ie.$ acrThmIi￿ rKJfKies, Ihe PCC membgts are requ¥ed to make ludgem8nts, e5imates aThJ ab)ui tha of a5S8ts and Iratsl'bes thai a￿ not fèadity apparent from other sources. The estimates and &ssocrateLI assumN•xs are based on hi5toncal eXp￿nCe 8nd other factots ihatBre c￿￿ered to be relevant. A(￿￿1 resutts ffray fforll tr￿ esb"mai¢$. The esttmaies and wIded￿Tra assurWns are r￿eWed cffi an NWJLMng ba*. Rebistons to ￿￿JnIln9 estimates a￿ ￿￿jniSed in the in wFHth the estirnate 15 revised Ihe mis￿n affeds only Ihat period, or in the ￿ti(￿j of th8 rB¥ision aThJ futLKe pèThyts wh8r• the r8¥iskin toth CL¥rent and future periods. N4Jrsery kn¢ome In pr8paThng thè fU￿ne181 siatements managernent hav¢ del￿Nned Ihat local autr￿￿ty lunding for Ihe nursery is an unrestricled incom8 strnam arml Ihèrelore ha¥& r8torded thi5 fvndfftg within desvJnated unrastricted funds io thÉs8 thrKaal slatemenls. This assessmenl P￿j￿*1ts arwKI the purksgse for wh¢ch these f¥nds have been receNed. *w o 00 00￿) Oorov oioThi *44 ¢5>￿[¥ sr voo 0>0 lJ Jti r y>irJ oe) 7owJ 71 • e4 UU•f¢5 zzo 11 i- •Ts •e4 PAROCHIAL CHURCH COUNCIL OF STJUDE. SOUTHSEA NOTES TO TrIE FINANCIAL STATEMENTS (coimNUED} FOR THE YEAR ENDED 31 DECEMBER 2025 Exp9ndIty￿ on ¢harhbl8 a¢il¥ttl Church 2024 14urnery 2024 TfAo1 2024 2W2S 2025 Dirgct eosts Staff Depreoalon and impawrnent Church overseas Horne mission. appaals and other grants Paxish quota and dargy 141957 400.B26 543.783 126.025 385.246 511,271 Y13 1073 2.018 22,498 951 2,969 ra.498 29.S70 29.570 12,470 11470 131.463 89.992 6.957 61.355 131.483 89.992 127.319 51.359 1.874 51.622 12,853 127.319 51.359 1.874 51.622 12.853 Church buihying 92 MèrmKJn Road Misslon WFWt Events Church managemènt 8dmiNistration 61.355 16282 16282 28.716 17.082 17.082 43.052 28,716 43.OS2 Edu(zti¢Niat eqLUwn￿t and supp)rt 0th8r nutsery costs 18.499 14.993 18.499 14.993 23.599 19.528 23.599 19.526 488.347 4&1,747 952,(P34 425.120 472.374 897.494 Sharp ofsupport and governanee costs (see nol• 7) Gov•rnan¢e 12.307 12.306 24.613 3.915 3,915 5W,654 476.1)53 978,707 429.035 476.289 905.324 Ana￿1$ by fvnd Unrestricled fur¥Js- gereral UDr8sln'ded ftJThJs- d8￿gnal￿A Reslrided ￿ndS 407.163 407.163 343.343 343.343 31.111 476,053 9)7.164 62.380 30.733 476.289 $07.022 54.gS9 .&54 476.053 976.707 429.035 476.289 905,324 PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA NOTES TO THE FINANCIAL STATEMENTS {coprfiNUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Support costs 2025 Suwort Gov•manro costs 2024 ¢¢sts Acthintsncy¥TrJ fees 24.613 24.613 24.613 24.613 7,830 7,830 Afflalysed betw¢¢n 24.613 24,613 7,830 Goverronce costs I￿￿e$ wrwyjnts Feyat4e lo thè authtLY¥ forlh *K16t of the of £15.000 pbjs VaL The rem¥iniThJ arrh￿ts payatle to the audittys afe for authl ret*ed fees. N¢t mov•m¢nt In furtds 2025 2024 Net ry￿vernent In fuThts is stated after dwgirW(uEdkng) Depfeciation of*y•Awd Mtyble frxed asseis 2.073 2,969 PCC M•mb•rs None ol Ihe PCC members any persons cormerAed them) wived remunoraibon or expenses. as a PCC rnember. IT￿ the PCC of S¢ Jvde during Ihe year. Clergy stipents We￿ pad by the Clwjfth ClyNn￿*)nors vthn Clwh dEnglaf>J stiFerbJtary gL¢hleKnes. 10 Employees The averdgè monthty nunthrof em¥4¢Jyees dwing the yearwa¥: 2025 Numb•r Nurnb•r Churc Nursery 10 24 Total -27- PAROCHIAL CHURCH COUNCIL OF ST JUDE. SOUTHSEA NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 10 Employws (Cwtlnu¢dl Employmefrt cosls 2025 2024 Waggs and Salari Swal security ¢c6ts r•bai¥l Other pension costs 495,137 49).769 12.266 8.236 9,683 543.783 611,271 R•￿uneratIon ol kny mynag•m•nt por￿￿￿ Thè ramLThr8lh)n of k•y rn8fb￿er￿i1 pe￿nn￿ Is as fc4kn 2025 2024 49,799 57.383 •? •e4 PAROCHIAL CHURCH COUNCIL OF STJUDE, SOUTHSEA NOTES TO THE FINANCIAL STATEMENTS (COPtnNUED) FOR THE YEAR ENDED 31 DECEMBER 2025 12 Taxallon 13 Tanglble Ilxed assets Totsi fithnps C05t At f January 2025 as restated Addilions 686.￿ 127.619 81.624 814.128 81.624 At 31 fJ8cemb•r 2025 686.9)9 209243 895,752 Ooprnclatlon and Impalrn*nt At 1 January 2025 Deprecaabon charged In the 124.765 2.073 124.765 2,073 Ai 31 D￿Mt￿r 2025 126,838 126,838 Canylng amount At 31 December 2025 82,405 768.914 At 31 Decernber 2024 os restated 686.509 689.363 Fr•ehdd and fffi¥XI￿ I1￿ CJJratds Imyxe at Y2 Marm*ffj Rc•J and the Nursery al &lver St￿et. 92 MarmN)n Road is i0m￿Y tswr￿d wilh rhe Prtsmoth O#xesan Boanj of Finance under Ihe InrJrntents an Churthwdfdens. ITrus(sl Measure 1964. The D￿￿ese hès of IrLtstee. ShoLdd thè htsLbse be thè inctsme t5 lo ￿ wNested ￿ used trffta￿s tt* pro￿l)n ofa IMxb5e fr>r a rjjrts or kn *JntshlrKJ IL The Nursttry land and trtJlJings th Sdver Street. SLMthsea are k7*T&J with the Port5r￿th DiL¥mn Board of Flnan¢o urthr ￿ I￿￿*￿nts and churChwa￿er6, ITrLL5ts1 M8a5ure 1964. The Diocese has off￿$tOdIan trustee. PAROCHIAL CHURCH COUNCIL OF STJUDE. SOUTHSEA NOTES TO THE FINANCIAL STATEMENTS (COIMNUED) FOR THE YEAR ENDED 31 DECEMBER 2025 14 FiJK•d asut inv*•trMnts Llgted Investm•nts- The CBF ChuTch of England Funds Cogt or y￿￿all0￿ Al 1 January 2025 ValLAb"on d)angos Dtspjsals 48.718 17471 115,3831 At 31 December 2025 32.588 Carrylnq amount At 31 D￿fflber 2025 32.588 At 31 t)eeemb8r21T24 48.718 15 Sto¢kJ 2025 2024 Raw mat•rittls al￿ o]nsumalles 16 Debtors 2025 2024 Amounts falllng wllNft one yw: debtors Prepayments 8nd incon 6.851 15.927 10.633 3,926 22.778 14.559 17 Credltors: amounts falling due onè year 2025 2024 Other taxalM)n Se￿rRY o￿t[rad ineA)me OU*r fftdilors Accruals 8.392 109.834 1.779 31.313 5.340 88.547 1.779 15205 18 151.318 110.871 -31 PAROCHIAL CHURCH COUNCIL OF ST JUDE. SOUTHSEA NOTES TO THE FINANCIAL STATEMENTS (cowfiNUED) FOR THE YEAR ENDED 31 DECEMBER 2025 202S 2024 fijndwwj fe8$ rec￿ed ￿ advan(8 109.834 88.547 19 Endowmgnt fvnds Endowmtrnl luThJ8 r8• assets whith mvst be he￿ by the PCC of St Jude. on U)0 ondwm•nt bjnd k Ir*ludad * res1r1￿ ir*4Jnp. Any capitsl k￿$•S artskng on assets lo￿ part ol Iho frjnd. Al 1 January In￿rnIng 2025 r•soUr￿$ GAln8 and At31 202$ Permanenl 0￿d0￿ments Hornby Endowment Fvnd 33.337 (989) 1750) 32,588 Pr•vlous ￿ar. Al 1 January Incomlry T￿81•￿ Gttl￿ #nd At31 De¢•mb•r 2024 Permanent endowments Homby EThlovnnenl FUNJ 32.528 18861 809 33.337 The H￿)ty bequest Is hehj by the DKKese ￿ behalf of St J￿e,* Th• Intwgst i% hdd In the Homby Reslricled Fund. V O ¢X> O E • L)(( 121111,11, Z1La(curcSa>>￿S I PAROCHIAL CHURCH COUNCIL OF ST JUDE. SOUTHSEA NOTES TO THE FINANCIAL STATEMENTS (coiinNUED) FOR THE YEAR ENDED 31 DECEMBER 2025 funds 98n¢ral de*naied 2025 2025 2025 2025 202S Fund balaA¢os al 31 DèE•mkn 2025 are rePre￿1thd ty. TaJutAe assets Investhients Current assetslOfablltr¢s} 438.651 M1263 768,914 32.588 278.814 32.588 8.112 194.625 76,077 8.112 633.276 1.080.316 Totsi fvndg funds nds 2024 2024 Fund balances al 31 December 2D24 a rEpresented by. Tang41￿¢ a5s¢Is Invoslrnents Cvlrenl ass8wl1iab￿l￿5) S.127 117.048 10254 85.829 33.337 48.718 561.538 346.083 33,337 996.814 un￿$tric￿ed donaiwms ioialry £n,724 (￿￿4 £62.210} ￿le rec*ived from irustees during the year. A restricled donatw of £97 12024 £S.2641 recefvEd dwiro the ytsar friwn trusk85 for the Solar Panel ApwL DUMNJ the y¢ar £480 12024 £4801 was receN&I rcthi IKe frun gyrit kn Skxvt. The tharlty rnade a th)n3￿n ol E1.00012024 £1.0001 to Spiril in Sport. -37- PAROCHIALCHURCH COUNCIL OF STJUDE, SOUTHSEA NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEAIBER 2025 24 Cath g¢n•r*•d from opeTrllon• 2024 SIWUS for lh8 y 83. Arfpjstsnents frK. {17.9201 (3} 750 2.OT3 (17.8131 Ga"n on disposal ofinv8slmèrts Falr W￿￿e garns aTrJ l&sses ￿ In￿ortts Depreciation a￿1 Irnparyr￿L0ff￿vi￿ tsl &ssets 1894) *wem8nts in capftaL (179) 18219) 19,160 21,287 61 11,4701 {3.4291 IlTrxasel ui d8bt(¥s Increasfjlld•c*o8sal ￿ u•ditoKS I￿reaSo in tJeferr&J ino)m? 100,451 87.487 25 Analys1$ of chang•s In n•1 fund• 26 Prlorpgrlod adluslm•n¢ 18nglblè fixed assels to ￿e￿￿e a fair vakJ8 irvease that l￿d ￿ wevi(wty incorre¢ty 8ppl*d as the acclwntlng polcy is to rowose th* assets at o)sL The effed of Ihe re518lwnent m the fin￿la[ s¢atements