THE PARISH OF ST NICHOLAS, GUISBOROUGH IN THE DIOCESE OF YORK
Annual Report and Accounts of the Parochial Church Council for the year ended 31[st] December 2025
1
St Nicholas Parish Church is situated in the large market town of Guisborough on the edge of the North Yorkshire Moors. The parish is part of the Diocese of York within the Church of England. The correspondence address is: The Rectory, Church Street, Guisborough, TS14 6BS
GUISBOROUGH PAROCHIAL CHURCH COUNCIL
PCC Membership List 2025-2026
| Rector | Revd Alison Phillipson | Chairperson (until 5/11/25) |
|---|---|---|
| Churchwardens | Claire Wells | |
| John Douglass | ||
| Reader | Susan Hill | |
| Deanery Synod Representatives | Susan Hill | |
| Louise Brownlie | ||
| Nicky Clay | Secretary | |
| Paul Cranfield | ||
| Elected Members | ||
| Three year tenure | Nick Wells | Interim Treasurer |
| Alwyn Jones | ||
| Sue Leather | Deputy Churchwarden | |
| Sharon Milburn | Deputy Churchwarden | |
| Janice Skelton | ||
| Two year tenure | David Welsh | |
| Nancy Webb | ||
| Helen Dalton | ||
| Barbara Julian | ||
| Vacancy | ||
| One year tenure | Ian Bryan | |
| Chris Nicholson | Deputy Churchwarden | |
| Tracy Clarvis | ||
| Irene Wilkinson | ||
| Vacancy |
Total membership: 20 (7 ex-officio, 13 elected)
2
Standing Committee
This is the only committee required by law. It has the power to transact the business of the Committee between its meetings, subject to any directions given by the PCC. The Standing Committee met 6 times during 2025. The full membership at the end of 2025 was:
Chair Rector Churchwardens Claire Wells, John Douglass Secretary Nicky Clay Treasurer (Interim) Nick Wells Safeguarding Officer Sue Hill Total membership 6 (5 ex-officio & 1 elected member)
Other Officers and Representatives
Electoral Roll Officer Helen Dalton Gift Aid Officer Geoff Usher Churches Together Vacant
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.
Objectives and Activities
Guisborough Parochial Church Council (PCC) has the responsibility of co-operating with the Rector, The Revd. Alison Phillipson in promoting, in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social, and ecumenical. It also has maintenance responsibilities for St Nicholas Church and the Church Hall. (After 05/11/25 the Churchwardens as Vice Chair during vacancy)
Church Attendance
There are 307 parishioners on the Church Electoral Roll, 30 of whom are not resident within the parish. Our usual average weekly attendance across all services was 150 adults and 12 children. We take Communion to 6 in their homes and to 4 Care Homes monthly.
PCC Secretary’s Report
As of December 2025 the PCC consisted of 19 members, by law including a Churchwarden as Vice Chair, two Churchwardens and 4 ex-officio members by virtue of their election to the Deanery Synod. The remainder were elected at the Annual Parochial Church Meeting normally for a period of three years. The number of members to be elected for three years is as determined by the previous year’s APCM.
The PCC met 8 times and Standing Committee met 6 times during 2025.
Nicky Clay
3
Financial Statements of the PCC for the year ending 31 December 2025
Accounting Policies
The financial statements have been prepared in accordance with the Charities Act 2011, together with applicable accounting standards and the Charities SORP (FRS 102).
The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value. 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.
Funds
Endowment funds are funds, the capital of which must be maintained; only income arising from investment of the endowment may be used either as restricted or unrestricted depending upon the purpose for which the endowment was established.
Restricted funds represent a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest, and b) donations or grants received for a specific object or invited by the PCC for a specific object.
Designated funds represent funds set aside and designated by the PCC for a purpose, but which the PCC can reallocate if that purpose no longer exists, or priorities change.
Unrestricted funds are general funds which can be used for PCC ordinary purposes.
The PCC considers it sound financial management to maintain reserves of between 25% and 33% of annual turnover. This implies that general reserves of around £42,303 to £56,510 are required in respect of the budgeted expenditure for 2025 of £177,780. General Reserves at 31 December 2025 stood at £65,639, 39% of the 2026 budget.
Incoming Resources
-
Collections are recognised when received by or on behalf of the PCC.
-
Planned giving receivable under covenant is recognised only when received.
-
Income tax recoverable on covenant or gift aid donations is recognised when the income is recognised.
-
Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement and the amount due.
-
Dividends and interest are accounted for when receivable.
-
All other income is recognised when it is receivable.
-
All incoming resources (e.g. funds raised by the Christmas Fayre, craft fair and similar events, sales of books and magazines) are accounted for gross.
4
Financial Statements of the PCC for the year ending 31 December 2025
Other ordinary income
Rental income from the letting of church premises is recognised when the rental is received
Income from investments
Dividends and interest are accounted for when receivable. Tax recoverable on such income is recognised in the same accounting year.
Gains and losses on investments
Realised gains and losses are recognised when investments are sold. Unrealised gains and losses are accounted for on revaluation of investments at 31 December.
Resources Used
Grants
Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC.
Activities directly relating to the work of the Church
The diocesan Freewill Offering is accounted for when paid. Any Freewill Offering unpaid at 31 December is provided for in these accounts, and is shown as a creditor in the Balance Sheet, only where the PCC has agreed these monies are to be a liability of the PCC. Amounts received specifically for mission are dealt with as restricted funds. All other expenditure is generally recognised when it is incurred and is accounted for gross.
Fixed Assets
Consecrated land and buildings and movable church furnishings Consecrated and beneficed property is excluded from the accounts by section 96(2) (a) of the Charities Act 1993.
No value is placed on movable church furnishings held by the churchwardens on special trust for the PCC and which require a faculty for disposal since the PCC considers this to be inalienable property. All expenditure incurred during the year on consecrated or benefice buildings and movable church furnishings, whether maintenance or improvement, is written off as expenditure in the SOFA and separately disclosed.
Investments
Investments are valued at market value at 31 December 2025.
Current assets
Amounts owing to the PCC at 31 December are shown as debtors.
Short term deposits include cash held on deposit either with the CBF Church of England Funds or at the bank.
5
Financial Statements of the PCC for the year ending 31 December 2025
Treasurer’s Report 2025
During 2025 the church has continued to extend our ministry in the community, with special services in Holy Week (including Jack the Donkey at the Good Friday family service), Messy Church services, Schools Partnership services, etc. Our fundraising from events amounted to £30,275 in 2025.
We set our 2025 Freewill Offering to the Diocese at £96,000, unchanged from 2024.
The major financial event of 2025 was the execution of major repairs to church tower, at a total cost of £182,128. This was funded by monies raised to pay for Tower Repairs in 2024, expenditure of the capital previously held in the Endowment Fund (released by the Custodial Trustee following approval from the Charity Commission to do so), grants totalling £33,900 received from the Garfield Weston Foundation, the Benefact Trust, the Sir John Priestman Charity trust, the Beatrice Laing trust, and the Yorkshire Historic Churches Trust. The balance of £22,464 was funded from the church’s fabric fund.
Largely as a result of this, the total funds for the Church decreased by £135,341 in 2025. However, the general fund increased by £4,303, driven by an outstanding fundraising performance.
Another significant achievement of 2025 was the move to carrying out accounting activity in-house, eliminating the significant cost of employing a firm of accountants to do this. We have adopted ‘MyFund Accounting’ software, marketed by Data Developments Ltd, which is tailored to the needs of churches and charities. In the process of transferring data to the new system, the opportunity was taken to rationalise the fund structure. The relationship between old and new funds is set out in Note 2, page 13 of the 2025 accounts.
In 2025 there were total unrealised losses on investments of £1,989.30 (this compares to total unrealised gains on investments in 2024 of £1,113.45).
Fee income reduced slightly during 2025, from a total of £23,772 in 2024 to £21,759 in 2025, reflecting the reduced number of weddings celebrated at St. Nicholas during the execution of tower repairs,
General Fund Tax Efficient Giving decreased slightly by over £400 in 2025, continuing a reducing trend for the last few years. It is essential, if we are to continue to develop our church and extend the outreach of our church’s ministry, reduce our dependence on fund-raising activity, and navigate ourselves through the continuing financial challenges, that we seek to increase giving by encouraging generosity of our existing and future church members.
I would encourage anybody who is a regular church attender, that usually puts their money in the collection plate, to consider setting up a standing order in order to enable them to continue to give even when they are unable to attend services, and to enable the church to better manage our cashflow.
6
Financial Statements of the PCC for the year ending 31 December 2025
I would also encourage our existing standing order donors to prayerfully consider whether they can increase their giving, to reflect the effects of inflation and increased costs:- noting that general inflation has increased by well over 25% since 2020.
We continue to look to increase our tax recovery on planned giving and donations wherever possible. Did you know that if you are a taxpayer, and sign a Gift-Aid declaration, the PCC as a registered charity can recover the amount of tax you have paid on your giving and donations from HMRC (currently 25p for every £1 given in this way), and all at no extra cost to you ? Such recoveries account for 11% of the church’s income
I would therefore encourage anybody who is a taxpayer (which so many people are, especially those that are in receipt of a private pension as well as the state pension), and does not currently Gift Aid their giving, to consider signing a Gift-Aid declaration. To learn more about this please have a word with myself or Geoff Usher our Gift Aid Officer.
You can give directly from your bank account, using a banker’s standing order, (which is the most convenient way of giving), or alternatively you can request your own set of weekly giving envelopes. There are also Gift-Aid envelopes available at the back of church (pink envelopes), and I would encourage any tax paying members of the congregation who have not yet signed a Gift-Aid declaration, to use them until such time you have completed a Gift Aid declaration.
The PCC considers it sound financial management to maintain reserves of between 25% and 33% of annual turnover. This implies that general reserves of around £42,303 to £56,510 are required in respect of the budgeted expenditure for 2025 of £177,780. General Reserves at 31 December 2025 stood at £65,639, 39% of the 2026 budget.
We face challenges over the coming years of funding improvements to the Parish Hall, and to church windows, so we continue to explore opportunities and options, investigating various grant funding opportunities and specific fundraising events in the future.
I would like to thank the members of the cash team, who work so hard on Sunday mornings (and at other times!) to count and record the significant cash sums coming into the church. I would also like to thank Geoff Usher for all his work as Gift Aid Officer in recovering the tax on gift aided giving from HMRC, and Jed and Andrea Scully, who have taken on the vital task of inputting and reconciling data within our accounting software.
Finally, many thanks to all those who support this Church, both with their time, skills, and talents, and financially (planned givers, tax efficient givers, those using Gift-Aid envelopes, and all those who put into the plate or give using bankers standing orders). A sincere thank you all for giving so generously in order that we can continue to maintain this beautiful and historic building, continue our re-ordering programme, and look to expand the ministry of our Church.
Nick Wells Guisborough PCC Interim Treasurer
22nd January 2026
7
Financial Statements of the PCC for the year ending 31 December 2025 Independent Examiner's report to the Trustees of the Parish of St Nicholas Guisborough on the Accounts for the year ended 31 December 2025 I report to the Parish Trustees on my examination of the accounts of St Nicholas Guisborough Parish (the Parish) for the year ended 31 December 2025, set out on pages 9 to 16. Responsibilities and basis of report As the charity Trustees of the Parish you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 {'the Act,). I report in respect of my exaMina"0n of the Parish'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 sectson 145(5)Ib} of the Act. Independent examiner's statement I have completed my examination. I confinn that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect. 1. the accounting records were not kept in accordance with section 130 of the Act., or 2. the accounts do not accord with those records.. or 3. the accounts do not Comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulalions 2008 olher than any requirement Ihat the accounts give a 'true and fair, view which is not a matter considered as part of an independent examinatson. 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 und rstanding of the accounts to be reached. Signed.. Name.. Rachel Wilmot {CIMA) Address: 1 Abercorn Close. Redcar, TS10 2TX Date.. 10/03/2026
PAROCHIAL CHURCH COUNCIL OF St. NICHOLAS, GUISBOROUGH Statement of Financial Activity
For the period from 01 January 2025 to 31 December 2025
| Unrestricted | Designated | Restricted | Total | Prior year | |
|---|---|---|---|---|---|
| funds | funds | funds | funds | total funds | |
| £ | £ | £ | £ | £ | |
| Donations and legacies Income from charitable activities Other trading activities Investments Other income Income and endowments from: |
100,716.75 15,104.07 48,826.38 3,024.21 0 |
34,508.94 330.2 0 769.81 7,093.00 |
30,197.06 15,045.57 487 3,487.50 0 |
165,422.75 30,479.84 49,313.38 7,281.52 7,093.00 |
194,838.64 34,989.47 51,434.07 9,754.46 0 |
| Raising funds Expenditure on charitable activities Other expenditure Total income Expenditure on: |
167,671.41 5,105.08 155,140.76 3,396.87 |
42,701.95 0 13,858.07 13,176.01 |
49,217.13 0 29,044.21 173,134.18 |
259,590.49 5,105.08 198,043.04 189,707.06 |
291,016.64 8,000.00 176,426.44 37,794.57 |
| Total expenditure | 163,642.71 | 27,034.08 | 202,178.39 | 392,855.18 | 222,221.01 |
| Net income / (expenditure) resources before transfer | 4,028.70 | 15,667.87 | -152,961.26 | -133,264.69 | 68,795.63 |
| Transfers: Gross transfers between funds - in Gross transfers between funds - out Other recognised gains / losses Gains/losses on investment assets Gains on revaluation, fixed assets, charity's own use |
338 -63.88 0 0 |
5,343.59 -5,228.59 -1,500.52 0 |
22,883.28 -23,272.40 -488.81 0 |
28,564.87 -28,564.87 -1,989.33 0 |
0 0 0 0 |
| Net movement in funds Reconciliation of funds |
4,302.82 | 14,282.35 | -153,839.19 | -135,254.02 | 68,795.63 |
| Total funds brought forward | 61,336.91 | 73,247.10 | 168,098.72 | 302,682.73 | 233,887.10 |
| Total funds carried forward | 65,639.73 | 87,529.45 | 14,259.53 | 167,428.71 | 302,682.73 |
| Represented by | |||||
| Unrestricted | |||||
| General Fund | 65,639.73 | 0 | 0 | 65,639.73 | 61,336.91 |
| Designated | |||||
| 04 Vestments Fund | 0 | 754.82 - | 754.82 | 754.82 | |
| 05 Tower Fund | 0 | 5,006.98 - | 5,006.98 | 13,742.40 | |
| 06 Choir Fund | 0 | 896.66 - | 896.66 | 906.74 | |
| 07 Youth | 0 | 355.95 - | 355.95 | 418.46 | |
| 08 Open Door | 0 | 894.55 - | 894.55 | 828.51 | |
| 10 Development Funds | 0 | 61,134.79 - | 61,134.79 | 42,354.90 | |
| 13 Hall Dev | 0 | 0 | 0 | 0 | 0 |
| 14 Wish List | 0 | 18,485.70 | 0 | 18,485.70 | 14,241.27 |
| Restricted | |||||
| 02 Retiring And Funeral Collections | 0 | 0 | 0 | 0 | 0 |
| 03 Non-PCC Fees Fund | 0 | 0 | 0 | 0 | 0 |
| 05 Tower Fund | 0 | 0 | 0 | 0 | 131,321.55 |
| 06 Choir Fund | 0 | 0 | 1,982.80 | 1,982.80 | 2,259.00 |
| 09 St. Nicholas (Fabric) Fund | 0 | 0 | 12,276.73 | 12,276.73 | 34,518.17 |
| 12 Endowment Fund | 0 | 0 | 0 | 0 | 0 |
| Totals | 65,639.73 | 87,529.45 | 14,259.53 | 167,428.71 | 302,682.73 |
9
| BalanceSheetdet | ailed | ||
|---|---|---|---|
| As at | As at | ||
| 31t12t2025 | 31t12t2024 | ||
| Fixed assets | |||
| 6430: CCLA General lnvestment Account C83037629-001 | 36033.17 | 37533.69 | |
| 6435r CCLA Fabric lnvestment Account (restricted) CB 3037631-001 | 11738.24 | 12227.05 | |
| Total Fixed assets | 47771.41 | 49760.74 | |
| Current assets | |||
| 6501: Bank current account | 59698.90 | 40175.78 | |
| 6505: CCLA General Account C83037627-001 | 55417.17 | 62396.53 | |
| 6506: CCLA Fabric Account (Restricted) C83037628-001 | 873.49 | 27826.72 | |
| 6507: CCLA Junior Youth account (Designated) C83037630-001 | 300.00 | 300.00 | |
| 6508:CCLATowerFund Account (restricted and designated) | C83037632-001 | 970.64 | 68176.85 |
| 6511:DBF (CCLA) Endowment Fund (restricted)C83017956 | 0.00 | 53981.07 | |
| 6590: Cash inhand | 0.00 | 0.00 | |
| 205: Accounts Receivable | 7837.98 | 1529.00 | |
| Total Cunent assets | 125098.1 8 | 304146.69 | |
| Liabilities | |||
| 204: Accounts Payable | 5440.881463.96 | ||
| Total Liabilities | 5440.881463.96 | ||
| NetAsset surplus (deficit) | 167428.71302682.73 | ||
| Reserves | |||
| Excess/(deficit) to date | -'133264.69 0.00 |
||
| 201: Starting balances | 302682.73302682.73 | ||
| 202:Gains/(losses) on investment assets | -1989.33 0.00 |
||
| Total Reserves | 167428.71302682.73 | ||
| Represented by Funds | |||
| General (Unrestrictec | tib,o39./l | ti1,3irti.91 | |
| Designate( | 87,529.4t | 73.247.1C | |
| Restricte( | 14,259.5: | IOd,UV6./ | |
| lota | 16t,424.t1 | 302,642.t |
PAROCHIAL CHURCH COUNCIL OF St. NICHOLAS, GUISBOROUGH
Notes to the Financial Statements:- Detailed Breakdown of Income
For the year ended 31st December 2025
| 2025 | 2024 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | Total | Total | |||
| Note | Funds | Funds | Funds | Funds | Funds | ||
| Incoming Resources | £ | £ | £ | £ | £ | ||
| Incoming Resources from Donors | |||||||
| Tax Efficient Giving (including Planned Giving) | 63,084.41 | 1,602.00 | 1,495.91 | 66,182.32 | 100,005.82 | ||
| 1 | Tax Recovered | 18,522.11 | - | 212.50 | 18,734.61 | 27,657.44 | |
| Regular Collections | 6,997.87 | - | - | 6,997.87 | 6,262.27 | ||
| Occasional Collections | 5,778.93 | - | - | 5,778.93 | 7,753.81 | ||
| Non Gift Aided Envelopes | 3,748.50 | - | - | 3,748.50 | 3,610.00 | ||
| Special Collections | - | - | 12,230.95 | 12,230.95 | 7,544.90 | ||
| Donations | 2,284.93 | 3,039.67 | 257.70 | 5,582.30 | 23,076.90 | ||
| Legacies | - | 4,867.27 | - | 4,867.27 | - | ||
| Grants | 300.00 | 25,000.00 | 16,000.00 | 41,300.00 | 18,927.50 | ||
| ------------------- | ------------------- | ------------------- | ------------------- | ------------------- | |||
| 100,716.75 | 34,508.94 | 30,197.06 | 165,422.75 | 194,838.64 | |||
| ------------------- | ------------------- | ------------------- | ------------------- | ------------------- | |||
| Income from Charitable Activities | |||||||
| Income from Charitable Events | 4,545.13 | 25.00 | 1,082.57 | 5,652.70 | 8,000.00 | ||
| 5 | Non PCC Fees | - | - | 13,963.00 | 13,963.00 | 15,486.00 | |
| 5 | PCC Fees | 7,721.00 | 75.00 | - | 7,796.00 | 8,286.00 | |
| Church Refreshments | 1,624.44 | - | - | 1,624.44 | 1,554.75 | ||
| Flower Income | - | - | - | - | 35.00 | ||
| Donations in Memoriam - Memorial Book | 180.00 | - | - | 180.00 | 300.73 | ||
| BRF Subs and other lay training income | 253.50 | - | - | 253.50 | 326.99 | ||
| Youth Group Subscriptions | - | 230.20 | - | 230.20 | - | ||
| 4 | Church and Hall lettings for Charitable Purposes | 780.00 | - | - | 780.00 | 1,000.00 | |
| ------------------- | ------------------- | ------------------- | ------------------- | ------------------- | |||
| 15,104.07 | 330.20 | 15,045.57 | 30,479.84 | 34,989.47 | |||
| ------------------- | ------------------- | ------------------- | ------------------- | ------------------- | |||
| Other Trading Activities | |||||||
| Fund Raising Events | 30,265.25 | - | 487.00 | 30,752.25 | 27,335.05 | ||
| Miscellaneous Income | 10.38 | 7,093.00 | - | 7,103.38 | 2,998.77 | ||
| 4 | Church and Hall lettings, Fund Raising | 18,550.75 | - | - | 18,550.75 | 21,100.25 | |
| ------------------- | ------------------- | ------------------- | ------------------- | ------------------- | |||
| 48,826.38 | 7,093.00 | 487.00 | 56,406.38 | 51,434.07 | |||
| ------------------- | ------------------- | ------------------- | ------------------- | ------------------- | |||
| Income from Investments | |||||||
| 1(e) | Dividends | - | - | - | - | 2,892.40 | |
| Interest | 3,024.21 | 769.81 | 3,487.50 | 7,281.52 | 6,862.06 | ||
| ------------------- | ------------------- | ------------------- | ------------------- | ------------------- | |||
| 3,024.21 | 769.81 | 3,487.50 | 7,281.52 | 9,754.46 | |||
| ------------------- | ------------------- | ------------------- | ------------------- | ------------------- | |||
| ------------------- | ------------------- | ------------------- | ------------------- | ------------------- | |||
| Total Incoming Resources | 167,671.41 | 42,701.95 | 49,217.13 | 259,590.49 | 291,016.64 |
11
PAROCHIAL CHURCH COUNCIL OF St. NICHOLAS, GUISBOROUGH
Notes to the Financial Statements:- Detailed Breakdown of Expenditure
For the year ended 31st December 2025
| Note | 2025 | 2024 | |||||
|---|---|---|---|---|---|---|---|
| Resources Used | Unrestricted | Restricted | Endowment | Total | Total | ||
| Funds | Funds | Funds | Funds | Funds | |||
| £ | £ | £ | £ | £ | |||
| Raising funds | |||||||
| Costs of Fund Raising Events | 5,105.08 | 0.00 | 0.00 | 5,105.08 | 8,000.00 | ||
| --------------------- | --------------------- | --------------------- | --------------------- | --------------------- | |||
| 5,105.08 | - | - | 5,105.08 | 8,000.00 | |||
| --------------------- | --------------------- | --------------------- | --------------------- | --------------------- | |||
| Expenditure on charitable activities | |||||||
| Missionary and charitable giving | |||||||
| 10 | Charitable giving agreed by PCC | 6,000.00 | 6,000.00 | 6,000.00 | |||
| 11 | Retiring collections | 6,133.61 | 6,133.61 | 4,361.23 | |||
| 11 | Other charitable societies | - | - | 7629.4 | 7629.4 | 5,246.70 | |
| Parish freewill offering | 96,000.00 | - | - | 96,000.00 | 96,000.00 | ||
| Costs of Charitable Events | 167.40 | 119.96 | - | 287.36 | 1,444.56 | ||
| Rector Expenses | 534.77 | - | - | 534.77 | 790.73 | ||
| Rectory Costs | 1,468.07 | - | - | 1,468.07 | 1,532.29 | ||
| Church - heating and lighting | 9,041.61 | - | - | 9,041.61 | 13,122.95 | ||
| Church Insurance | 6,251.22 | - | - | 6,251.22 | 5,557.03 | ||
| Church Services Costs | 393.80 | - | - | 393.80 | 2,217.70 | ||
| Church Repairs and Maintenance | 2,489.85 | - | 600.00 | 3,089.85 | 3,587.03 | ||
| Church Wifi | 570.56 | - | - | 570.56 | 564.77 | ||
| Memorial Book Entries | 90.00 | - | - | 90.00 | 80.00 | ||
| 4 | Church Hall Running Costs | 10,295.49 | 6,700.00 | - | 16,995.49 | 10,471.13 | |
| Lay training & discipleship (inc Children & Young People) | 333.46 | - | - | 333.46 | 428.39 | ||
| Church Music | 8,690.07 | - | 1,652.20 | 10,342.27 | 9,902.16 | ||
| Choir Activities | - | 7,038.11 | - | 7,038.11 | - | ||
| 3 | Church/School Partnership | 12,000.00 | - | - | 12,000.00 | - | |
| Flowers expenditure | 765.50 | - | - | 765.50 | 383.87 | ||
| Church Refreshment Expenses | 48.96 | - | - | 48.96 | 54.90 | ||
| 5 | Fees paid out for Weddings & Funerals | - | - | 13,029.00 | 13,029.00 | 14,681.00 | |
| --------------------- | --------------------- | --------------------- | --------------------- | --------------------- | |||
| 155,140.76 | 13,858.07 | 29,044.21 | 198,043.04 | 176,426.44 | |||
| --------------------- | --------------------- | --------------------- | --------------------- | --------------------- | |||
| Church Management and Administration | |||||||
| Stewardship Envelopes | 79.54 | - | - | 79.54 | 137.27 | ||
| Stationery | 236.06 | - | - | 236.06 | 365.48 | ||
| Postage | 58.95 | - | - | 58.95 | 111.95 | ||
| Office Wages | - | - | - | - | 8,796.00 | ||
| Office Telephone | 1,427.82 | - | - | 1,427.82 | 1,561.78 | ||
| Maintenance of Office Machinery | 617.50 | - | - | 617.50 | 1,040.35 | ||
| Church Equipment | 473.00 | 2,735.31 | - | 3,208.31 | - | ||
| Bank Charges | - | - | |||||
| Miscellaneous Expenditure/Contingency | - | - | - | - | - | ||
| Accountancy Services | 504.00 | - | - | 504.00 | 1,474.00 | ||
| Projects/Special Expenditure | - | 10,440.70 | 173,134.18 | 183,574.88 | 24,307.74 | ||
| --------------------- | --------------------- | --------------------- | --------------------- | --------------------- | |||
| 3,396.87 | 13,176.01 | 173,134.18 | 189,707.06 | 37,794.57 | |||
| --------------------- | --------------------- | --------------------- | --------------------- | --------------------- | |||
| -------------------------------------------- | --------------------- | --------------------- | --------------------- | ||||
| Total Resources Used | 163,642.71 | 27,034.08 | 202,178.39 | 392,855.18 | 222,221.01 |
12
PAROCHIAL CHURCH COUNCIL OF St. NICHOLAS, GUISBOROUGH
Notes to the Financial Statements
For the year ended 31st December 2025
1 Tax Recovered
A total of £18,522.11 was recovered from HMRC. Of this, £16,522.11 was Gift Aid on individual donations, where a Gift Aid declaration was put un place. The remaining £2,000 was recovered under the Gift Aid Small Donations scheme. In all, recovered tax represents 11% of the church's income
2 Restructuring of Funds
As part of moving to MyFund Accounting Software, the opportunity was taken to rationalise the structure of Funds as follows
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Fund Type Change 'New' Value End 'Old' Value
2024 End 2024
General Fund absorbed Flower Fund, and £530 was
General Fund Unrestricted transferred from Choir Fund 61,336.91 60,720.78
Expanded to incorporate Hall Improvements and
Development Fund Designated Reordering Funds 42,354.90 6,586.94
Children and YP's Fund Designated Deleted 0.00 0.00
Wish List Designated No Change 14,241.27 14,241.27
Open Door Designated No Change 828.51 828.51
Youth Group Restricted Deleted 0.00 0.00
Church Reordering Designated Absorbed into Development Fund 0.00 36,132.27
Hall Improvements Designated Absorbed into Development Fund 0.00 -364.31
Friends of St. Nicholas Restricted Renamed Fabric Fund, otherwise unchanged 34,518.17 34,518.17
Choir Fund Designated £2259 transferred into Choir (restricted) Fund, £530 906.74 3,695.74
transferred to General Fund
£2259 transferred from Designated fund, representing choir
Choir Fund restricted (new) Restricted scholarship payments during 2024 2,259.00 0.00
Servers Fund Designated Renamed Vestments Fund, otherwise unchanged 754.82 754.82
Absorbed Endowment Fund following Charity Commission
Tower Fund Restricted ruling that Endowment capital could be spent on Tower 131,321.55 77,340.48
refurbishment
Tower Fund Designated No Change 13,742.40 13,742.40
Youth Group Designated No Change 418.46 418.46
Endowment Fund Endowment Absorbed into Tower Fund (Restricted) 0.00 53,981.07
Flower Fund Designated Absorbed into General Fund 0.00 86.13
Total 302,682.73 302,682.73
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3 Church School Partnership
Following a PCC decision in 2023, Church/Schools Income is no longer accounted for as a separate fund. However, Income associated with the Church/schools partnership amounted to £4545.13, arising from donations, ticket sales, and fund-raising activities linked with Church/School Events
| 4 Church Hall Account Church Bookings Church Hall Bookings Cleaning Gas/Electricity/Water Services Cleaning Materials/Consumables Repairs/Renewals Insurance Totals 5 Fees paid for Weddings and Funerals PCC Fees PCC Fees _ Travel PCC Fees Heating PCC Fees Wifi Incumbents Fees Organist/Choir Fees Vergers Fees Bellringers Fees Travel Total |
Income Expenditure £ £ 600.00 18,730.75 1,104.00 5,487.54 556.32 7,546.71 2,300.92 19,330.75 16,995.49 Income Expenditure £ £ 5,636.00 0.00 0.00 0.00 1,800.00 0.00 360.00 0.00 8,678.00 8,663.00 2,420.00 2,230.00 1,170.00 1,170.00 1,020.00 755.00 675.00 211.00 21,759.00 13,029.00 |
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6 Property
The PCC is the owner and beneficial trustee of the Parish Hall in Bow Street, Guisborough, whose estimated value for insurance purposes is £1,500,000. As the PCC does not own the land on which it stands its value is not recorded in the accounts.
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7 Investments
Valuation at 31st December 2025 Market Value 2024 Unrealised
No Bid Price Value Totals Value Profit
Unrestricted p £ £
Investment Fund
CBF Investment Fund Income Shares 1623.24 2224.60 36,110.60
Total 36,110.60 37,533.69 - 1,423.09
Restricted
Fabric Fund
CBF Investment Fund Income Shares 528.79 2224.60 11,763.46
Total 11,763.46 11,953.46 - 190.00
Grand Total - 1,613.09
8 Debtors
£
Income tax recoverable from gift aid (General) 1,505.98
Funeral Fees 1,332.00
Yorkshire Historic Churches Grant for Tower refurbishment 5,000.00
Total 7,837.98
9 Creditors
£
Funeral Fees-Incumbent Fees (Restricted) 381.00
Funeral Fees- Verger (Restricted) 15.00
Funeral Fees - Travel (Restricted) 30.00
Funeral Collections 696.72
Christingle Collections 315.43
Tower repair Retention 3,877.35
Rectory Utility Bill 38.08
Fire Extinguisher Inspection 87.30
Total 5,440.88
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10 Charitable Giving from Unrestricted Funds
| 11 | PCC £ Christian Aid 1,500.00 Church Army 300.00 Church Urban Fund 400.00 Embrace the Middle East (formerly Bible Lands Society) 800.00 Guisborough Bridge Association 1,000.00 USPG 500.00 Wydale Hall 500.00 Children's Society 500.00 Genesis Project 500.00 Totals 6,000.00 All Charitable Giving including Retiring / Special Collections and Funerals £ 7,629.40 A total of 7 retiring and special collections were held in church during the year, raising a total of 6,133.61 Annual PCC agreed charitable giving 6,000.00 19,763.01 The total received by the PCC from designated funeral collections in church during the year, and paid |
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