Charlty roglstratlon number 1132297 {England and Wales) ALL SAINTS CHURCH, EASTBOURNE ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Caladine Chartered Certified Accovnlanls ALL SAINTS CHURCH, EASTBOURNE LEGAL AND ADMINISTRATIVE INFORMATION Ch•rity number {England and Wales) 1132297 Pilnclpal *ddr8$8 21A Grange Road Ea¥lboum8 East Sussex BN214HE Ind•p•ndent oxamlnor John Caladlne FCCA CTA FCIE Caladine Limited Chanty Hou8e 22 Upperton Road Easlboume E88t Sussex BN21 1 BF Banker8 Royal Bank of Scouand 96 Terminus Ro8d Eastboum6 East Su888x BN213LX ALL SAINTS CHURCH, EASTBOURNE CONTENTS Pag• Parochlal Church Coundl report Independent examlnerfs rewt Slotement (rffinanclal actlvitb88 Sl818ment of finan¢l81 p081tion Notes to the financlal Jtslemen18 10-27 ALL SAINTS CHURCH, EASTBOURNE PAROCHIAL CHURCH COUNCIL REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 The Parochial Church Councll present their annual rewrt and finanrial statements for the year ended 31 Doc*mber 2025. The financial stst8m8nls have been prepared in accordance with the accounting pollcles sel out in note 1 to Ihe financial slalements and comply wrth the Church's governing document, the Charities Act 2011. FRS 102 "The Financlal Reporting Standard applicable In the UK and Republic of Ireland" and th& Charllles SORP kcounling and Reporting by Charilie5.' Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Rgporting Standard applicable in th8 UK and Republic of Ireland IFRS 1021" ObJ8ctlve# and actlvltles The prlmary objective ofAII Saints, PCC is the promotion of the Gosp81 of our Risen Lord Jesus Chrlsl according lo the historic and orthodox biblical d¢xtrines and pradces of the Church of England. The PCC has the responsibilty of co-operallng wlh the incumbent, in promoting in the eccle8Ia8llcal parish the whole mi$81on and minlstry of the Church. The maln oblectlves of the PCC are-, To seek to promote the ml$$ion ol All Salnts, Church, To develop the ministry withln All Saints, Church, To promote, assist and enable quality discipleship and worship. To maintain the Church building5 in good repair. To administer the church's resour¢es with good slewardshlp Publlc benefit The Parochi81 Church Councll have paid due reg8rd lo guid8nce Issued by the Chartty Commission In decldln9 what aclivllle8 the Church should undertake. Achlev&m•nts and performanc• Signrficant actlvit18s and aCh￿vern8111S ag8inst obJ8Ctlves TheAII Saints, vision is lo know, love and fdlow Jesus. We hold lo a genuine belief that thè Blble 1$ God's ingplred and authorllatlve word. In all Ihlngs we want lo be shaped by what tha scriptures tell us aboLrt God, our Ilve8 and doctrine. We 5eok to keep refining and growing in our love and knowledge of the Scriptures, as we are transformed more and more into t￿ likeness of J08us Chnst and we seek to organise our church family and all our activities accordingly. By his grace, God had brought us together as a famlly of believers, Indwelt by hls Spirit, we are dlverse yel united In Christ. God commands us lo love one another deeply. We pray that by the power of Iho Holy Splril we will be committed to relationships marked by selfless love, inlègrty, openness, submission, accountability and genuine are and concefn. We desire to be committed to rè9ularly meellng together and using Ihg gifts God has given us lo serve him and edify and encourage each other. IEphesian5 2v19-22, Ephesians 4v1-11, Hebrews 10v251 As a church family we are seeking lo apply the truths of scripture In the w8y God leaches his church.. Wo n¢¢d the cons18tenl encouragement of others11 Thess Sv111 Wg no￿ others lo help us resist Sin and Strengthen our re501ve for godllness {Heb 3v13) We need the Input of others lo help us see and conless and repent of our sin IG816v1, James 5v161 We benefit from th9 divoisity of gifts people in the church family have beon given (Eph 4v16. 1 Cor 12v71 We are all responsible to give and recelve encouragement, exhortation, and admonltion 11 Thess 5v14, Heb3v13. Gal 8v1-2} We'carry one another's burdens, {Gal 6v21 We pray for one another {Eph 6v151 ALL SAINTS CHURCH, EASTBOURNE PAROCHIAL CHURCH COUNCIL REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Isn't this a beautiful pictur8 of a church f8mlly, where we know ga¢h other, care for ong another, share joys and sorrows, are concemed to see each other mature in Christ, are transparent in our relationships, are other person- cerbtered, delight in the gifts that others have linslead of being jealous and proudl, look tor practical ways to express our love for God and each other deeply. Of cKJurse, no church 15 perfect, and we wlll let one another down. But Ihls is a beautiful picture of ehureh that we are strlvlng towardsl Her8 are scme very practical ways we encourage one another to Ilve QLrt being a church lamlly... 1. Come to churth r•gularly- If you dcn'l come you can't connect. 2. Come to churth ¢arly and stsy 88 long as you can. Create space to meet people and chal. 3. Invite other8 to $h8re a meal or coffee. 4. Choose on¢ area lo serve al church- by sèrvbng othèrs you are 58rvlng the Lord. 5. Be reall Honesty and transparency in how you're going, and h¢)w others can help you. 8. Invest in a small number of peop19 dggply, aecounlable relationships- joln a small group. 7. Dellghl In our differences and strlv¢ for unty in Christ a8 revealéd to us In the 8crlptur88. fj. Talk about your splrilual lrfe, ask'How can I pray for you? Vvhat Is the Lord te8ching you al the moment? We are praying the Lord wlll keep gr￿n9 our church fomlly In hls preLiOU8 name. We thank every member of the All Saint6. church family for Ihelr tlme, skills and generosity glven in servlce of Jesu8 Chrlst this year. Every blesslng In Chri$l, James- Vi¢ar. Church Attendance In 2025. there were 235 members on th¢ Church elecloral roll. People who cease attending, unless they are homebound, 8re pruned from the electoral roll 80 It gives a good idea ol the numbers aitending. also have number of visiloT8 most Sundays. Flnancljl revlow The lolal incoming and expenditure resoureas on general unreslricled funds were £403,001 12024.. £463,32418ThJ £435,82012024.. £476,791> rospo¢1ively and are detailed th8 financlal slalements. Planned glving through envelopos, bankers, order8 and onlin8 decreased by £7,100 10 £124,99312024.. £132,093). Total voluntary income - including tax recovered ixrt excluding legacies - decreased by £3.086 to £127,439 12024.. £130,505). The PCC received legacies in the year totalling £70,05012024.. £125,000}, and Grant$ from the Ludl¢)w IRichardsonl Trust tolalling £60,068 {2024.. £64,538). pay for the Mlnislry we receive by paying for Clergy and Staff. Our Parish share pledg& in 2025 was £48,000, but for 2026. All Salnls, has yet lo decide its pledge, There w85 a decrease in unrestricted incomlng re80urces of £60,323 In 2025, malnly due to fewer Legacies than In 2024, and 'Ordina￿, church expenses decreased by £17,351, resulting In 8 defficit on General Funds this year of £32.127 compared lo a surplus of £10,844 last year. There wa5 a balance on Unreslrided General Funds of £100,689 12024.. £109,886) at the year end. Ovorall, there was a gain of £319.400 12024., £-13,4681, tsking into account all Costs, particularly depreci8tion, and the revaluallon of investment properties, charged lo the Restricted Funds. The PCC had previously earmarked £78,945 as 3 months of Reserves (see below). We stsrted 2025 in reasonable financial posllion, and our budget for 2025 forecast land madel a defiat, overall, we eThl8d the year in a challenging position. Our budget for 2026 shows a prediclad deficit and contlnued careful monitoring TMII be necessary moving fonKard. ALL SAINTS CHURCH, EASTBOURNE PAROCHIAL CHURCH COUNCIL REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 The PCC are keen to work towards a balanced budget, and not to have to use re8erve8 to 'plug the gap.. The Standing Committee and the PCC constantly revlewed our financial situation throughoLrt the year, but incomolgvels have femained static, whereas costs have risen for a variety of worfd-wide reasons. Going forward, to achieve a balanced budget whilst maintaining Our exeellenl level of mission and ministry will not be an easy task, when thè General Fund per se is in dèficit and being covered by legacy income. On the recommendalion of our Inlependenl Ex8min8rs a revaluation of the Grasslngtcn Roatl and South Street properties was undertaken. This is refleeted in the accounts. Res&N&s polACy 11 is PCC intention lo maintain a balance on unrestricted funds lexcluding propetyl which equates to approximately 3 months, worth of unrestricted payment$ as a eonlingency against unforeseen situations. The PCC agreed lo sel aslde a sum 01 £78,945 vthich meets thls requlremenl. The PCC pollcy 16 to Invest surplus balance8 vAlh The Royal Bank of Scotland lin 8 special interesl-bearing accounti. structure. govèrnance and man•g•mgnt All Salnls, Church Is situated on Grange Road, Easlboume. 11 is part of the Dioc6se of Chlchester wllhin the Church of England. All correspondenc8 Should be addressed lo the Church Admlnislralor, All S8lnl8' Church, 22a Grange Road, Eastboume, East Sussex BN21 4HE. The parlsh is a charlty and has r•gi$t6réd vAlh the Charity Commission. Our Charity number IS 1132297, The Parochlal Church Council who served during the year and up lo the dalo of slgnalure of the flnandal $latemen18 were., Incumbenl.. Cur$t•'. Th• Revd. Jame8 Kno￿e& The Revd. Chr18 Webster Chairman Readers.. Mr Wlliam Owen Mr Philip Pawley W8rdens'. Mr Philip Watklns Mr Philip Pawley Vice Chalrper50n General Synod Represenl8tlves'. Mf Jacob Mnce Déanary Synod Repre8entalives'. Mr Wlllam Owen Mr James Wntgr Miss Elizabeth Fleetwood Mrs Natasha Kn¢)wle8 Mi88 S8ira Final (Revd Harry Owen & Revd Malcdm While a180 811 on Degnery Synod a8 the Retired Clergy Rep81 (until 1111112025) Electsd Members.. Mr AndrewAnderson Mr Peter Hobden Mrs Patrbaa Laughton Dr Maria Ggbb815 Mrs Jane Aldred Mr J8mSe Bedwell Mr Shaun Clay MrTom 8ond Mr Dennis Roach Hon Treasurer Se¢￿tary ALL SAINTS CHURCH, EASTBOURNE PAROCHIAL CHURCH COUNCIL REPORT ICONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Recmitm8nl and appointment oftws18es New membgrs of the PCC are welcomed at the flrst PCC after the APCM and care is taken to help them assume the responsibilibes of their role. The PCC Secretsry and Treasurer are al$0 elacted al this meeb'ng. None of the Paro¢hial Church Council has any beneficial interest in the eompany. All of the ParocNal Church Council are members oftho company and guarantèe to contribute £1 in the event of a wnding up. Org8nYd8t￿n8I stnKlur Membershlp of the PCC Is detemined under the Church Representation Rules and consists of certain exofficlo members Ilhe IncumbenUPrfesl-in-Charge, Curate, Lay Readers licensed to offici81e in the ¢hurchl. the Churchwardens and members of the Oe8nary, Oiocesan or General Synods and up to 15 membgrs of the church who are eleclod al the Annual Parochial Church Meellng IAPCMI. Members ire warmly &r￿)uraged to st￿d for elecllon to the PCC and we try lo ensure a balonc8 of skills and 8xp8rience where posslblè. Induction and Ir81ning of Injsteès The PCC is responslble for a wide range of matters affecting the parish, including ￿MplIance with he811h and safety and disablllty legislation and Child prolectton. In their capacty 89 trustees, members of the PCC are responsible for the stewardship of funds and for the appropriole accounting and reporting of the parish finance8. Th8 PCC works to ensure that each memb¢r of the committee Is equlpped to luNII their role. The Churchw8rdens, Secretsry and Tre88urer are InvSled lo attend COUf8es run by the Dioce8e on Ih&r particular work. Regular mailings from the Diocese keep Ihesg officers up lo dale with changes In church regulations and financial procedure and these are reported to the whol8 PCC a8 appropri8t8. The PCC has appointed Lynn Taylor a8 Safeguarding Offlcer who Is responsibl8 for the implèmentation of the PCC'$ Safeguardlng Policy and whlch includes ensuring tho1 a D8S (Data Barring ServiGo1 $earch18 conducted on all those who work with chlldr¢n and vulnerable adults in the church. The PCC arranges for o represenlalive of appr¢prialè ehufch groups to attend First Aid courses. The Warden8 and Deputy Wardgn5 are made familiar with fire prevention and appropriate procedure8 by the local Flre Safely Officer. This trainin9 is ren6wed iegularly. Other matt8rs Standing and Fin8nce Committee This Is th• only committee required by law. 11 h88 the power 10 Ir8nsacl the business of the PCC be￿een its meetsngs, subjèct to the powers glven lo it by the Council. 11 also oversees the general financial dmenslon ol the work of All Saints. by monltoring income and expendllure, budgeting and maintaining appropriate financial control8 and makn'ng an annual review of the Chri$Uan Slewardshlp of money IhTough planned givlro. Pastoral sutscommlttee OTganiso$ tha visiting of the housebound and slck and has gtnèral care of the welfare of all Churth members. During 2025 three people, Mrs Beryl Twilchett, Mr Bemard Watt5 and Mrs Christine Coslambeys have conllnued as Pastoral care coordinators lo help with the pastoral care of the parish. These c¢>ordinators are assisted by many In the congregation to help wlth pastoral ￿[e. Small Groups take on much Pastoral Care as well. Misslons sulFCommittee AtterKls lo the support of mission agencies and hglps allocate our fin8nclal support to the same. 11 has been chalred by Revd Chris Webster (Curatel. Staff team and st8ff me8llngs Strlclly speaking these are not PCC sutr&wmmittees but they operate with the full kn¢)wledge and support ol the PCC and for the sake of tidiness are b8St included here. The staff team look broadly et the life of the church, not lo make policy or financial decisions bul to implement the Mission and Ministry priorities of the ehurch. The weekly staff meetings consist of times of bible Study 8nd prayer and then to look thoroughly at our programme and make sure that thbngs are in place for the smooth cperating of church life. The stsff do a considerablè amourt of planning of events and activitses. The staff seek to mak8 sure volunteers are In place and are supported. The staff make sure that all the details connected wllh Sunday Worship are in place and that tho issues each staff member would wsh lo raise are attended to. ALL SAINTS CHURCH, EASTBOURNE PAROCHIAL CHURCH COUNCIL REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 8tatemont of Parochi41 Church Councll rn8pon8lbllltlg0 The Parothlal Church Council are responsibl• for Preparing the Parochial Church Councll Report and the financial statements in a¢¢Ordan￿ wth appli¢abl8 law and Unlted lfjngdom Accounting #andards IUnit&d lQ"ngdom Generally AC￿pIed Accounting Prac*co). The law applicable to charitlas in England and ￿18$ requires the Parochlal Church Counal to prepare fin8ndal statemènts lor eech fin8ncial year vthid) glvo a tNe and faif vlew of the 3tato of affairs of th• Church and of th8 Incoming re80urce8 and appllcatlon of rasour¢g9 of the Churth for that y￿. In w8paring th•$e Ilnancial statemet)ts, Iha Parochial Church Councll are r8qulred to.. - 8è1ect 8Ultabl8 accountlng polides and then appty them oon8Istgnty; - ob80rve lh¢ methods and prinapl88 in the Charftles SORP.. - maka judgemènts and e81imates that arn reaBonable and prudent. - state whether appli¢able 8c¢ounting standards have begn folloiyed, 6ubi•cl to any materlal dopgrtures disdowd and ex￿oIn0d in th• financyal 8tslements'. and - prèpare th¥ Ilnandal stal8menl8 on tho going conc•m b&g18 unles8 ft18 Inappropri#t• to pre8umB that th• charrty will oxjntinue in operabon. Tha Parothl81 Chvrch CouneAI 8r• re8ponsibl• for ke￿ng aufficlenl accounllng records that d18clog8 w rgason8bl• accuroGy 8t any Ilme the finonrial position of the Church and ena￿e them lo 8nsure that the finandal 8tst¢ments comply wlth tho Charits88 Act 2011. the Charity (Accounts and Report81 R¢gulatlcn8 2006 and tho provi81on8 of the Iru8t deed. They ara a180 rasponslble lor safeguarding th8 assets of th• Church •nd hence frjr taklng rea8onabl0 8tep$ frJr the yovention and dotethon of fraLtrJ and othw irrngU￿ritie¥. The r•port was approved by thg Parochl81 Church Councll. R8v Jam88 Knowl8# Momb•r 16 ALL SAINTS CHURCH, EASTBOURNE INDEPENDENT EXAMINER'S REPORT TO THE PAROCHIAL CHURCH COUNCIL OF ALL SAINTS CHURCH. EASTBOURNE I report to the Parochial Ctturth Council on my examination of the finandal statements of All Saints Church. Easlboume (the Churth} for the year ended 310ecember 2025. Rgsponslbllltles and basls of rgport As the Parochial Church Counal of th& Church you are responsible for the preparation of the financial statements in accordance with ihe requirements of the Char4tlesAct 2011. I reFX)rt in respect of my examination of the Church's financlal statements C8rried out under SeCt￿n 145 of the Charities A¢1 2011. In carrying out my ex8min811on I have followed the Directions glven by thé Charity Commission under sectlon 1451511bl of the Charities Act 2011. Independent examlnerf¥ Statement Since the Chur¢h'$ gross income exceeded £250,000. the Independent examiner mu51 be a memtér of 8 body listed In section 145 of ihe Charllies Act 2011. 1 confirm that l am qualified lo undertake the examinallon because I am a member ot th&Asstsclalion of Chartered Certified Accountants, which is one of the listed bodieg. Your attention is drawn to the fact that the charity has prepor¢d the flnancial statements In accordance wllh the relevant verslon of thg Statement of Recommended Pracllce applicable lo charities preparing their finèndal 61alemenls In accordance with the Flnancial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 in prefergnce lo the Accounting and Reporting by Charities.. Slalèment of Recommended Practice Issued on 1 April 2005 which is referred lo In the extant regulatlons bul ha8 now been wlhdrawn. l under81and that IhS8 has been done In order lor the fln8ncial 8lalements lo provlde ¥ true and falr view in accordan¢o wllh UK Genorally Accepted Accounllng Pra¢lce. I have completed my oxarninalion. I confim that no matters have come lo my attenllon In conn•ctbn wllh the frxamlnation giving me c8ug¢ lo belbeve th8t in 8ny malerlal respect.. accounting records were not kept In respect of tha Church as requlred by section 130 of tho Charitles Act 2011. the financi81 statements do not accord wllh those records,. Of the flnancial slalemenls do not Comply wlth the appllc8ble requlremenls concernlng the lorm and conlenl of flnancial 8talemenls set out in the Charltle8 (Accounts and Report81 Regulations 2008 other than any fequlrement that the finanual stalaments give a true and fair view, which 18 not a mattef considered as part of an independent examination. I hove no concerns and have como 8cro38 no other mattefs In connectlon with tho ¢xamlnallon to which attention should be drawn in Ihl8 report in order lo enable a prO￿r undeTStanding of th8 financial statements to be reached. John Caladlnè FCCA CTA FCIE Caladin$ Llmrted Chantry House 22 Upperton Road Eastboume East Sussex BN21 1BF Date". ALL SAINTS CHURCH, EASTBOURNE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOMEAND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2025 Current financlal year Unrestrlcted Unrgstrlctsd fund$ funds general dKlgnatsd 2026 2025 Restrlcted funds Total Total 2028 2026 2024 Notes Income from.. Donations and legarAe$ Charitable 8Ctlvilles Other trading activities Investments 268.512 21.610 50,845 3,805 266.512 21.810 110.913 3.966 317,201 21,245 119,890 4,988 60,068 161 Totsl Income 342.772 60,229 403,001 463,324 Expendltur• on: Raising fund5 Charitable acllvsti98 1S,978 318,031 18,692 34,870 419,150 44,232 432,559 101.119 Total oxpendlturn 334,000 101,119 18.692 453,820 476,791 Ng1 gain$lllos8esl on Inve8tmen18 14 370,219 370.219 Nel Incomellexp•ndllur•l 8.783 {40,8901 351,527 319.400 113.4871 Transfers be￿n fund$ 22 117.9601 17,960 N•t movement In fund8 11 19,197} 122,930) 351,527 319.400 113,4671 Reconclllatlon of fund8: Fund balan￿S 811 January 2025 109,886 134.583 860.010 1,104,479 1,117,948 Fund balanc•8 at 31 D8cemb•r 2025 100.889 111,653 1,211,537 1,423,879 1,104.479 The 518lemenl of finan¢ial advities includes all gain5 and losses recognised in the year. All Income and expenditure derive trom continuing activitles. ALL SAINTS CHURCH, EASTBOURNE STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2025 Prlof flnaftclal yoar Unrestrlctfjd Unrestrleted funds funds 90n•ral deslgnatod 2024 2024 R￿trICtsd fundj Total 2024 2024 Income from: Donations and18gacies Ch8rftable actlvitl88 Other trading actiwliey Investments 314,701 21,245 55,352 4,988 2,500 317.201 21,245 119,890 4.988 64.538 Total Income 396,286 67.038 463.324 Expondlture on: R8islng fund8 14,453 11,087 18,692 44,232 Charitable aclivilie8 Total oxpondltur• 379,555 394,008 47,384 58,471 5,620 24,312 432,559 478,791 Not Incornell•xpendliur•) 2,278 8,587 124,312} {13,467) Tran8fer8 betsveen fund8 22 717 17221 Net mowm•nt In fund• 11 2,995 8,572 125.0341 113,4671 Reconcllla¢lon of funds.. Fund balances al 1 January 2024 106,891 128,011 885,044 1,117.946 Fund b•lanco• at 31 D•C•m￿r 2024 109,886 134.583 860,010 1,104,479 ALL SAINTS CHURCH, EASTBOURNE STATEMENT OF FINANCIAL POSITION AS AT31 DECEMBER 2025 2026 2024 Flxed ￿3•ts Property, plant and equipment Inv8Stmenl property 18 17 588.904 580,000 817,584 1.188,904 817,504 Currfjnt aB8èts Trado Ind other recelvabl•• Cash at bank and in hand 18 21,051 245,181 1.340 293,238 286.232 111,2571 294,578 (7.663) Curr•nt liobllttlo• 19 Not curr•nt Ns••ts 254,975 288,915 Total •M•ts lou curr•nt Il•blllllo• 1,423.879 1,104,479 1.423,879 1,104.479 Th• fund• of tho Church R¢slrided Income fund• Unr98tridad fundB- genoral UnrèGtn'c*ad frJnds- de8lgnot8d 1,211,537 100,6B9 111,653 860,010 109,886 134,583 1.423.879 1,104,479 Th andal Jt8tem•rth were apPr￿d by th• Parochial Church Coundl on ........ Rov James Knthvle$ Pknb•r ALL SAINTS CHURCH, EASTBOURNE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Accounting policies Charlty Infomiatlon All Saints, Church is $ltU8ted on Grange Road, Easlboume. It18 part of the Diocese of Chlchesler within the Church of England. All correspondence should be addrossed lo the Church Adminislralor, All Saints, Church, 22a Grange Road. Eastboume. East Sussex BN214HE. 1.1 Bas18 of preparatlon The financial slalements have been prepared in accordance with the Church's governing document, tl Charities Act 2011, FRS 102 The Financial Reporting Standard appllcable in the UK and Republlc of Ireland" and the Charities SORP "Accounting and Reporting by Charilles.. Statement of Recommended Pr8Ctice applicable to charitie5 prepanng thelr accounts in accordance wllh the Flnanual Reporting Standard 8pplicable in the UK and Republlc of Ireland IFRS 1021" The Church Is a Public Benefit Entity as deflned by FRS 102. The Church hos token thantage of the provi8ion8 In tho SORP for charftSes r￿1 to prèp8re è statement of ash flows. The financl81 slalements have departed from the Charities (A￿unIS and Reports) Regulations 2008 only lo thè éxtent required to provide a true and falr view. This departure has Involved lollowing the Statement ol Recommended Practice for ¢harilie$ applying FRS 102 ralh8r than the verglon of th8 Slatemenl ol Ro¢¢mmended Pfaclice whlch 18 referred to in the Regulations bul which has 8lnce been withdrawn. The finoncial slalements are prepargd In sterling, which is the functlonal ￿llencY of the Church, Mon61ary amounts in these financial statements are round¢d lo the ne8re8t £, The flnancial statements have been prepared under the hlslorical cost convention. modified to Indude Ihg ravalualion of freehold prop8rti88 fair value. The prin￿paI accounting policies adopted are Sel out below. 1.2 Golng concern Al the time of approving the ftnanclal Statements, the Parochlal chU￿h Coundl h8vé a reasonable expectallon that the Church h88 adequate resources 10 eontinue In operalional existence for the foreseeable future. Thus the Parochial Church Councll continue lo adopt the going concern basi$ of a¢￿untIng in preparlng the finandal 5t8lemenl8. 1.3 Charltable fund8 Unrestrieted funds are avallable for u$9 at the discretion of the Parochlal ChurL* Councll in furtheran¢g of their charitable objectives. Reslrictad funds are subject to specific condillons by donors or grantors as to how they may be used. The purposes and uses of tho roslri¢l8d funds 8re set out in Ihe notes to the finandal stalemenls. 1.4 Income Income is rgcognised when the Church is legally entitled to it after any performance ¢ondillon8 have been mel, the amounty can be measured reliably, and it 1$ prob8ble that income will be received. Cash donations are recognised on receipt. Other donations are recognised orbce the Church has been notified of the donation, unless performance condition5 require deferral of the amount. Income tsx recoverable in rolation lo donations received under GiftAid or deeds of covenant is recognised at the Ilme ol the donati¢Jn. Legacles are recognised on recelpt or olherwse if tho Church has been notified of an impending dislribLrtion, the amount is known. and receipt Is expocted. If the amount is not known, th8 legacy 15 Irealed as a conlinggnt a$$el. 10- ALL SAINTS CHURCH, EASTBOURNE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Accountlng pollcles {Contlnuod} 1.6 Expendlturè Expendlture 18 recognised once there 18 a legal or constructive obligalton to tran31er economic benefit lo Ihlrd party, It Is probable that a tr8nsfer of economic bengfits will be required in $èttlem&nl. and the amount of the obllgalion can be measured reliably. Expenditure Is classified by 8Ctivily. The costs of each activity are made up of the total of dir&t Costs and Shared costs, including 8UPPOrt costs involved in undertaking 8ach activlty. Dlrecl eosls 8ttributable to a slngla 8etivlly 8re allocated dlrectly to Ihal activity. Shared costs which ¢onlribul¢ to more than one activity and support costs which are not attributable lo a single activrty are apportioned be￿een those activities on a basls consislenl with the use of resources. Central staff costs are allocated on the basis of time spent. 8nd dèpreciatson charges are allocated on the portion of the a3seY$ use. 1.6 Propertys plant and equlpment Propety. plant and equipment costing MO￿ than £1,000 are initially me8sured at cost and subseguently measure(l al cost oi valuatlon. net ol depreciation and any Impalrmanl losses. Depreclalion Is recognlsed so as to write off the c081 or v81uaUon of a88ets les8 Ihglr resldual values over their U69fv1 lives on thè following basis.. Leasehc4d land and bulldlngs Equlpment 2% Str8ighl Line 25% Straight liné The gain or105s arising on the disposal of an asset Is dètermined as the difference be￿??n the sale proceeds and the carrying valug of the 8S$0t, and is recognlsed In the 8ts1emenl of linanclal acllvilles. 1.7 Investment property Investment property, whlch Is Property held lo eam rentgls andlor fof ¢apilal 8ppreclallon, Is initially recognised at CO81, which Indudes the purchase cost and any diredly atlrlbLrtable expendf(ure. Subsequently 11 1$ measured al falr value al the reportlng end dale. The surplus or d•fidl on revaluatlon is reo)gn18ed in profil or1086. 1.8 Impalmient of nonyog8 The average monthty number of eM￿0Y98S during the year was.. 2025 14umber 2024 Number Employment costs 2025 2024 Wages and salaries Soci81 security costs Other penslon costs 83,811 919 7,873 81.400 1,209 10,413 92,403 93,022 There were no employees wh08e annual remunefallon w88 more th8n £80,000. 14 G•lM and 10•8e8 on Inve•tm•nt• RMtrl¢tod fund8 2026 R•8trlcted funds 2024 Galn¥lllos80$10rl4ng ffi.. Revaluatlon of inve81menl propertle8 370,219 16 Taxatlon The charhy 18 exempt from tsxatlon on rts activities because 811 its in¢omo 1$ applled for charflable purposes. 21 ALL SAINTS CHURCH, EASTBOURNE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 16 Propfrrtyi plant and 8qulpm•nt Leasehold land and IldSng Equlw•nt T¢)t•l Co•t At 1 January 2025 Transfer lo Inve8tmenl propety 1.190,843 1256,021) 85,061 1,275,704 {256,0211 At 31 December 2025 934,822 85,061 1,019,683 Doprnclation and Impalmient At l January 2025 Depreclation charged in the year Tr8nsf8r lo Inve81ment property 373,642 18,692 146,2401 84,498 187 458,140 18,879 146,2401 At 31 December 2025 84.685 430.779 Carylng amount At 31 December 2025 588,528 378 588.904 At 31 Decembw 2024 817,001 563 817.584 17 Inv￿1m*nt proporty 2026 F•Sr valu• At 1 January 2025 Transfer8 from owngr.occupled property Nel gains or loB¥e$ through falr value adjustments 209,781 370,219 Al 310ecember2025 580,000 18 Tr•d• and other recelvable8 2025 2024 Amounts falllng due wlthln on• y•ar: Tradè raceivable8 Other recelvables 270 20,781 1,170 170 21,051 1,340 ALL SAINTS CHURCH. EASTBOURNE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 19 Current Il•bllltl08 2025 2024 Other taxation and social security Other payables Accxuals and deferred income 1.351 754 9.152 801 381 0,481 11,257 7,663 20 Rotlr8m•nt benefft 8ch•m•s 2025 2024 D•flnod contrfbutlon schom Charge to profll or1088 in re8PaCt of deflned contributlon schemas 7,673 10,413 Thè Church opef818$ a deflned conlrfbullon penslon stheme for all quallfylng employees. The as88ts of the scheme are hokl separaloly from those of the Church in an indèpendently administered fund. 21 RMtrkt•d fund• The rgslrlcted funds of the charity comprise the unexpended balance8 of donatlons and grants held on trust 8ubleGI lo $pe¢iflc conditions by donors as lo how they may be used. At 1 January 2025 R•$ource8 expended Transf•rn Galn8 and At31 D•cembor 2025 Cur8tg's House IGras8lngton Road) Youth Wc*kefs Hou88 Hall Prolect SoLrth Street Flot Organ Fund 80,000 4,984 620,033 149,781 25,212 365,000 425,000 4,9e4 801,341 155,000 25,212 {18,692) 5.219 860,010 118,6921 370.219 1,211,537 ALL SAINTS CHURCH, EASTBOURNE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 21 Restrlctod funds IContlnuod} Pr•vSous year: At 1 January 2024 Rosourc88 oxpended Transfern Gains and losses At31 December 2024 Curate's House IGra8sington Road) Youth Workef8 House Hall Project South Street Flgt Dlscrellonary Fund Organ Fund Bell Restoratlon 82,000 5,484 638,725 152,901 717 25,212 {2,0001 (5001 118,6921 {3,1201 60,000 4,984 820,033 149,781 17171 25,212 151 885,044 124,312) [7221 860,010 A property held as an inve51menl for rent81 wlth net Included In the Goneral Fund. The Fund ba18nce represents the lair value of the property. hw rk rfsHou To provide fvnds for the youth ministy, To provide funds for the ¢xl¢n$ion and rofurblshm8nl of the church hall and the repayment of loan8 rai8ed for Ihg same purposg. Fla A small property held 88 an Inve8lm¢nl for rental, wlih nel income beSng usod for Youth Minlslry kn accordonG• with tho YoLth Workers House fijnd stlpulalons. The fvnd balance represents the tsir value of the property. To fund lulure rep8lTS to the organ. Now fulty expended on the refiJrbi8hment of the church be118 in 2022. .24- ALL SAINTS CHURCH, EASTBOURNE NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 22 Unr•strlcted funds - de8lgnated These are unrestricted funds Ithich aro material lo the Church's activities. At 1 January 2025 Incomlng Ro•ourco8 rosource8 exponded Transfers At31 Docembgr 2025 Dosmond Road Ludlow Trugl Childs Ch8ritablfr Trust Boll Ringors Legaae8- Malnten3nGe Ros8rve8 120,960 11,098 2,500 1120,9801 60,229 171,327} 2,500 {51 60,000 78,945 (29,792} 30,208 78,945 134,5B3 60,229 (101.119} 17,960 111,853 Pr•vloy• yèar: At 1 January 2024 Incornlng Rosourc re8ourc•8 •xpeTrdod Transfern At31 D•c•mbof 2024 Desmond Road Ludlow Trust Childs Charitable Trust B811 Ringers 120,980 5,031 120,980 11,098 2,500 64,538 2.500 158,4711 126,011 67,038 {58,471} 134,583 Part of the income from the sale of the property, lo be used for Gén¢fal purpose8. The8e fvnds have now been ulilised and the fund is closed. This is thg Donald & Winlfred C Richardson Charitable Trust of whith All Salnls, 18 the sole benefleiary, and has been for over 20 years. The Ludlow Trust manage the Tru81 and since 2023 hav8 invlted All Saintg to bld for fundlng for specific projects. To be used specificalty to support Youth & Children'$ Ministy. Fof supporting the upkeep of the Church Bells. A totsl of £60,000 from legacles has been allocated to support vanous mairstenance and ropair projgcls. Approximalety 3 months. worth of unraslricted payments set aside as a conlin9ency against unforeseen situations 25- ALL SAINTS CHURCH, EASTBOURNE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 23 Unrestrlcted funds The unreslricled funds of the charity comprise the unexpended balancfjs of donations and grants which arg not subjgcl lo specific conditions by donor6 and grantors as lo how they may be used. These include designated funds which have been sel a￿de out of unreslrided fvnds by the trustees for specific purpose8. At 1 January 2028 Ineomlng Resource8 rtsourc expended Transf•rn At31 December 2025 General funds 109,888 342,772 1334,009} 117,9601 100,689 Prnvlou• y•4r: At 1 January 2024 Incomlng Resource¥ resource8 èxpended Tr•n¥fer• At31 De¢emb8r 2024 General funds 106,891 396,288 1394,008) 717 109,886 24 Analy61• of net a¥••t• botwoon funds Unr8•trl¢t•d Unrn8trlcted lund• lund• genof•l d￿l9Vat$d 2026 2026 Restrlctsd funds Totsl 2025 2026 At 31 December 2020: Property, plant 8nd oquipmenl Investment properties Curront a$$el$llllabll￿ie8I 377 588,527 seo,000 43,010 588,904 580,000 254,975 100.312 111.653 100.689 111.853 1.211,537 1,423,879 Unr8strlct•d UnreBtrlcled funds fundj general dgslgn8tgd 2024 2024 Rostrlctsd funds Total 2024 2024 AI 31 Docgmb•r 2024: Propety, plant and equipment Current assetsl{liabilitiesl 563 109,323 817,001 43,009 817,564 286,915 134,583 109,888 134,583 860,010 1.104,479 -26- ALL SAINTS CHURCH, EASTBOURNE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 25 Related paty tran8actlon8 The Wfe of Revd. Jam8s Kn￿e8 received a salary of £17,32512024.' £9,165) and pension contributions of £1,28712024'. £1.1681 for her role as Ministry Support and Operations Manèger. Thls appointment was made following a standard recruitment process. Revd. James Kn￿e8 wo8 not involved in the recruitment or Salary 88th.ng for this individual. 27-