Charity registration number 1132922 (England and Wales) THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HAILSHAM HAILSHAM PARISH CHURCH ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Caladine Chartered Certified Accountants THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HAILSHAM HAILSHAM PARISH CHURCH LEGAL AND ADMINISTRATIVE INFORMATION Parochial Church Council Revd R M Graham (Vicar) Mrs M Luffingham (Churchwardenl Mr D Saxby {Churchwarden) Mrs H Baird Dr J Canning Mts L Cannon Mrs M M B Coleman Mr D Cordrey Dr J Gatvi¢an DrAA Risbridger Mr D Sinden Mrs D Sinden Isecretsry and Syn¢yJ Repl Mrs H Skinner Mr R Smith Mr C T8ylor Mr W Teword Mr R Tipping (Appointed 4 February 20251 (Appointed 27 July 20251 (Appointed 7 October 20251 Charity number 1132922 Principal address Vicarage Road Hailsham Easl Sussex BN27 1BL Independent examiner John Caladine FCCA CTA FCIE Caladine Limrted Chanty Housè 22 Upperton Road Eastbourne East Sussex BN21 1BF Bankers Bardays Bank PLC Leicester LE87 2BB THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HAILSHAM HAILSHAM PARISH CHURCH CONTENTS Page Parochial Church Council MembeTS' report Independent examinerfs report Statement of financial activilies Statemenl of financial tK)siknon Notes to the financial statements THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HAILSHAM HAILSHAM PARISH CHURCH PAROCHIAL CHURCH COUNCIL MEMBERS. REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 The Parochial Church Council present their annual report and finanaal slatements for the year ended 31 December 2025. The finan￿al statements have been prepared in accr￿dan￿ with the accounting rx)licies set out in note 1 to the financial statements and comply with the Church's trust deed, the Charities Act 2011 and 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 leffective 1 January 20191" Oblèctlves and actlvltles The primary objective of Hailsham Parish Church is help each other to know Jesus Christ better and to make him better known through sharing his good news for all. The PCC has the responsibility of cwperating with the incumbent in achieving this primary objeclive. The methods used in order to aCh￿ve this objects.ve are to hold open public Church servi￿5 every Sunday both for the encouragement of those who are following Jesus, and to Sha￿ the gospel good news with all who attend. During the Sunday morning services there is provision for children and young people to be taught ths news in age appropriate groups. At least one Sunday moming each monlh a family Servi￿ is held when the whole congregation stays together for teaching and worship. In addrtion. special services are held at Easter. Harvest and Christmas lo celebrate these ifflportant festivals. To supplement the leaching delivered during the weekly SurHJay servi￿S, a netWOTk of smaller gro￿ groups meet together lo explore the Bible in more depth. Growth group leaders are regularfy trained lo lead these groups using devotional material provided. Sovtrral othtrr groups meet weekly or less frequenuy induding- ABC'S- a parent and toddler group. SALT- r￿ular Bible study, discxjssion and activities for teens Youth Zone - monthly youth group for years &9+ Women2Women- events and activitses for ladies to invite friends to. Men @ HPC- bi-monthly evenis and activities for men to enjoy and invite friends to. Meebng Point- Monthly meeting mainly for seniors As well as the more regular activities, the Church building is used by a number of groups in the k)cal community. During the summer months the building is open weekly during the daytime for anyone to visf(. It is also open during key events in the life of Hailsham such as Bonfire Night and Christmas Light Switch on to welcome in the community. There are also additional activities for the children ir)cluding two holiday clubs held during Easter and the schwl summer holidays. There are strong links with local schools ar)d Care Homes. Public benefit The Parochial Church Council have paid due regard to guidan￿ issued by Ihe Charity Commission in deciding what activities the Church should undertake. Achièvements and ￿rf0mlanCe Significant activities and achievements against objectives We have sought throughout the year to wneel the objectives listed above by carTyng out the actimties also listed ak)ve. We have seen an increase in numbers attending our Sunday services and other events. We have run the course 'Christianity explored, for those seeking answers. new to the faith, or those seeking a refresher and introduced a new ¢ourse 'Walking with Jesus, for those wishing to grow their faith and in¢rease their knowledge. We have had great times of witness to the s¢hools in our interactive 'Easter experien¢e' and 'Meet the ¢hara¢ters of Christmas, and in school carol services, including contact wilh new schools. Our ministry lo care homes continues and we are well received by residents and Ca￿rS alike. Our grovrth groups and other activities provide opportunities for Bible study, prayer and fellowship. THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HAILSHAM HAILSHAM PARISH CHURCH PAROCHIAL CHURCH COUNCIL MEMBERS. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Our work within the Ix)mmunity and town continues. induding a)rKlucting weddings and funerals. We continued lo support overseas and home mission by making grdnts. The financial impact of these actiwties is shown in the accounts. Al the AGM in April 2025 the Electoral Roll was recorded at 201. The Mission Statistics record an average attendance of 183 adu115 and 17 under 16s. At the end of 2025 there were a totsl of 283 (fro￿ O- 70+1 in the 'worshipping community'_ attending in person with additional numbers wa 'church at home., Records show a total of ne8dy 4,000 people came into the ¢hur¢h over the ChristJnas period including 559 at the three Christingle services. As Christians we ackno%￿edge that we are totally dependent on God an¢J il is impossible to assess achievements or performance this side of eternity. In Isaiah chapter 55 v 11. G(xJ says -so is my word that goes out from my mouth. It will not return lo me empty but wll a¢¢omplish what I ple8se_" In 1 Corinthi8n$ 3 v 6 Paul reminds his readers that although he planted. "Apollos watered bul il is G¢xl who makes things grow." Finally. Psalm 137 v 1 reminds us that "Unless the Lord builds the house. the builders labour in vain." Relying on the promise in lsaiah and believing that we have been faithful in proclaiming God's word and serving Him, the PCC, vicar, staff team and church members pray that these activities have not been in vain and that people have met and believed in Jesus for the first time and others have grown doser to Him. Financial review In the year under review, the Church recorded an overall surplus of £17.423 after the revaluation of the investments 12024.. surplus of £57,101). This broke down into a surplus on the general funds lunrestricied and designated) of £14,69712024.'surplus of £52,191} and a surplus on the restn'cted hjnds of £2,72612024'. surplLJS of £4,9101. The restricted funds. which are not available for general use by Ihe PCC increased this year as detailed in note 20 to the accounts. Restricted funds held at the balan￿ sheel date amounted lo £12,110 {2024.' £9,327). The PCC continues lo seek to balan￿ annual revenue Ir￿Me against annual revenue expenditure lo avoid the need lo fund shorttalls from capital resources. ReseThes policy As at the year end, total income reserves amounted lo £941.870 {2024.'£924.4471. Of this amount, £12,11012024'. £9,327) are reslricled and not available for the general purposes of the charity. In addition, £808,331 12024.. £730,9411 of the funds are designated and represent investrnents held to generate income. as well as tsngible fixed assets which can only be realised by their disw)sal. Taking into account the above, of the total reserves held at the balance sheet date. the level of unreslricled free reserves amounts to £121,42912024.' £184,179). It is the policy of the Church that unrestricted fvnds which have not been designated for 8 specific use should be maintained al a level equivalent lo between three and six month's general fund expenditure. The Parochial Church Council Considers that reserves al this level will ensure that. in the event of a signific8nl drop in funding. they will be able to continue the Chur¢h's Current a¢tivities while consideration is given to ways in whi¢h additional funds may be raised. Based on the expenditu￿ for the year. this would indicate the required level of reserves to be between £61,000 and £122,000. The level of free reserves held al the balan¢e sheel dale is £121.429 {2024'.£184,1791 whi¢h is within the level required. THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HAILSHAM HAILSHAM PARISH CHURCH PAROCHIAL CHURCH COUNCIL MEMBERS. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Investment policy The Church holds listed investments with a value of £731130 wth the Church's investrnenl managers, Union BanGaire. These investments were purthased following the sale of the Surplus land and propety- The current investment strategy is lo ￿inveSt income generated by the rx)rtfolio to grow the capital value of fund. signifi¢anl sum has been withdrawn from investments over a number of years and taking this approach looks lo strèngthèn thè position moving forwards. In futurè, once somè of the (xpital valuè has béèn réinstatèd, any income generated will be used to fund salaries of staff employed by the PCC. However, where the need arises funds will bè withdrawn from the portfolio to cover defi¢its on the day-ttrday running Costs of the Church. Close ¢onta¢t is maintained with the investment managers who manage the portfolio. They provide regular reports and summaries of transa¢tions for review by the PCC membe￿. The PCC is fvlly guided by their investment managers in dealing with this aspect of the Church's financial affairs. Major risks The Parochial Church Council has assessed the major risks to which the Church is exposed, and are satisfied that systems are in pla￿ to mitigate exw>sure to the major risks. Structure, governance and management The Church is governed by the Par￿hla1 Church Councils {Powersl Measure 1956 as amended and the Church Represeniats'on RLJles Iconiained in Schedule 3 lo the Synodical Govemment Measure 1969 as amended). The PCC is a body corporale by Ihe name of the par￿h131 church counal of the parish for whith it is appointed and has perpetual succession. The PCC is registered wilh Charity Commission in England and Wales under its fomal title The Parochial Church Council of the Ecdesiaslical Parish of Hailsham., registration number 1132922. The Parochial Church Council who served during the year an(1 up to the date of signature of the financial statements were". Revd R M Graham Ivicarl Mrs M Luffingham Ichurchwardenl Mr D Saxby IChur¢hwardenl Mrs H Baird Mr R K Booth Dr J Canning Mrs L Cannon Mrs M M 8 Coleman Mr D Cordrey Dr J Garvican Dr AA Risbridger Mr D Sinden Mrs D Sinden (Secretary and Synod Repl Mrs H Skinner Mr R Smith Mr C Taylor Mr W Telford Mr R Tipping (Resigr￿d 31 August 20251 (Appointed 4 February 20251 (Appointed 27 July 2025) IAprx)inled 7 October 20251 Recnjitment and appointment of trustees Members of the Parochial Church Council are erther ex-officio or elected by the Annual Parochial Church Meeting IAPCMI in accordance wrth the Church Representation Rules. Upon elecb.on new members follow a procedure of induction as determined by the Rules and are made aware of their responsibilities as PCC members. OUT emphasis ¢x>ntinues to be on our mission in the parish working th our ecumenical partners and The Crosslink Trust as appropriate. THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HAILSHAM HAILSHAM PARISH CHURCH PAROCHIAL CHURCH COUNCIL MEMBERS. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 statement of Parochial Church Council members. responsibilities The Parochial Church Council are responsible for preparing the Parochial Church Council Members, Report and the financial 5tstemenls in accordance with applicable law and United Kingdom Accounting Stsndard5 (United Kingdom Generally A¢¢epled A¢¢ounting Pra¢li¢el. The law applicable lo charities in England and Wales requires the Parothial Church Council to prepBre financial slalemenls for each financial year which gNe a true and fair view of the stale of affairs of the Chjrch and of the incoming resources and application of reSoUr￿S of the Church for that year. In preparing these financial statements, the Parochial Church Council are required to= select suitable accounting policies and then apply them o)nsistenly- observe the methods and principles in the Charilies SORP.. make judgements and estimates that are reasonable and prudent., slate whether applicable accounting standards have been followed, subj-ect to any material departures disclosed and explained in the financial statements,. and prepare the financial statements on the going cOr￿M basis unless it is inappropriate to presume that the charity will continue in operation. The Parochial Church Counul are responsible for keeping suffiaent accounting records that disclose with reasonable accuracy at any lime the finanaal position of the Church and enable them to ensure Ihat the financial statements comply with the Charities Act 2011, the Charity {Accounis and Reports) Regulations 2008 and the provisions of Ihe trust deed. They are also responsible for safeguarding the assets of the Church hence for ta￿.ng reasonable steps for the prevenlion and detection ol fraud and olher irregularities. The Parochial Church Council members. report was approved by the Board of Parochial Church Council. Rèvd R M Graham Ivwl M•mb•r of the Parochlal Church cl￿n¢11 Date: .. THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HAILSHAM HAILSHAM PARISH CHURCH INDEPENDENT EXAMINER'S REPORT TO THE PAROCHIAL CHURCH COUNCIL OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HAILSHAM I report lo the Parochial Church Council on my examination of the financial statements of The Parcchial Church Council of the Ecclesiastical Parish of Hailsham {the Church) for the year ended 31 December 2025. Responsibilities and basis of report As the Parochial Church Council of the Church you are responsible for the preparation of the financial ststements in accordance with the requirements of the Charities Act 2011 Ilhe 2011 Acti. I retx)rt in respect of my examination of the Church's financial statemenls carried out under section 145 of the 2011 Act. In carying out my examination I have followed all Ihe applicable Directions given by the Charity Commission under section 145{5llbl of the 2011 Act. Indèpendènt èxamlnarfs statèment Your attention is drawn to the fact that the charity has prepared the finanaal statements in accordan￿ with the relevant version of the Statement of Recommended Prac11￿ applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 in preference to the Accounting and Reporting by Charits'es.. Slatement of Recommended Practice issued on 1 April 2005 which is refe￿ed to in the extanl regulations but has now been withdrawn. l understand that this has been done in order for the financial statemenls to provide a Irue and fair view in accordance with UK Generally Accepted Accounting Practice. I have completed my examinalion. I confimi that no maiters have come lo my attention in conneclion with the examination giving me cause to believe thal in any malerial respect.. accounting records were not kept in respect of the Church as required by section 130 of the Charities Act 2011. the financial stat8m8nts do not accord with thosè records.. or the finanaal statemenls do not comply with Ihe applicable requiremenis Con￿rning the form and content of financial statements set out in the Charilies (Accounts and Reports) Regulations 2008 other than any requirement that Ihe finanaal stalemenis give a Irue and fair view, which is not a matter considered as part of an independent examination. I have no concems and have come across no other matters in (x)nnection the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. John Caladlnè FCCA CTA FCIE Caladine Limited Chantry House 22 Upperton Road Eastboume East Sussex BN21 1 BF Date.. 3110312026 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HAILSHAM HAILSHAM PARISH CHURCH STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2025 Current rinancial year Vnre5tri¢ted Unrestricted Restricted funds funds funds general designated 2025 2025 Total Totsl 2025 2025 2024 Nots$ Income from: Donations and legacies Charitable activities Investments 138.476 28,259 27.674 21.669 3,020 160.145 31,279 27,674 229,823 27,701 30,031 Total income 194.409 24.689 219.098 287,555 Ex enditure on: Raising funds Charitsble activities 6.816 236,925 6.816 260,549 6.111 266,169 1.661 21,963 Total resources expended 243,741 1.661 21,963 267,365 272,280 Nel gainslllossesl on inveslmer 13 65.690 65,690 41,826 Net loutgoingllincoming resources before transfer5 (49,3321 64.029 2,726 17,423 57,101 Gross transfers between funds 20 {13.4181 13.361 57 Net movamant In funds (62.7501 77.390 2,783 17,423 57,101 Fund ba18n¢es 811 J8nuary 2025 184,179 730.941 9,327 924,447 867,346 Fund balances at 31 December 2025 121.429 808.331 12,110 941,870 924,447 The statement of financial activities includes all gains and losses recognised in the year. The stslemenl of financial activities includes all gains and losses re¢oynised in the year. Al in¢ome and expenditure derive ftom wntinuing activities. THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HAILSHAM HAILSHAM PARISH CHURCH STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2025 Prior financial year Unrestricted Unrestricted Restricted funds funds funds general 2024 Totsl 2024 2024 2024 Notss Income from: Donations and legacies Charitable activities Investments 206.516 26,332 30,031 23.307 1,369 229,823 27,701 30,031 Total income 262.879 24.676 287,555 Ex enditure on: Raising funds Charitsble activities 6.111 243,445 6.111 266,169 2,958 19,766 Total resources expended 249.556 2,958 19,766 272,280 Nel gainslllossesl on inveslmer 13 41,826 41,826 Net {outgoing)lincoming resources before transfers 13.323 38,868 4,910 57,101 Gross transfers between funds 115.634) 15,634 Net movement in funds {2.311) 54,502 4,910 57,101 Fund balances at 1 January 2024 186.490 676,439 4,417 867,346 Fund balances at 31 De¢ember 2024 184.179 730,941 9,327 924,447 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HAILSHAM HAILSHAM PARISH CHURCH STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2025 2025 2024 Notes Flxèd assèts Property, plant and equipment Investments 15 16 813 731,130 2,474 687,195 731,943 689,669 Current assets Trade and other ￿ceIvable$ Cash at bank and in hand 17 11,987 203,044 8,599 232,212 215.031 15,1041 240.811 16,0331 Current liabilities 18 Net current assets 209.927 234,778 Net assets 941,870 924,447 The funds of the Church Reslricled income funds un￿striCted ftjnds - general Unrestricted funds- asset fund 20 22 21 12,110 121.429 808,331 9,327 184,179 730,941 941.870 924,447 The financial statements were approved by Ihe Parcxthial Church Cound on 3110312026 Mrs M Luffingham Ichurchwardenl M•mb•r of tho Paro¢hlal Church Coun¢ll Mr D Cordrey M•mb8r of th• Parochlal n¢ll THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HAILSHAM HAILSHAM PARISH CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Accounting policies Charlty Information The Parochial Church Council of the Ecdesiastical Parish of Hailsham is a govemed by the Parochial Church Councils (Powers) Measure 1956 as amer)ded and the Church Representation Rules Icontained in Schedule 3 to the Sy￿¢￿ical Government Measure 1969 as amended). The PCC is a body corporate by the name of the parochial church council of the parish for wh￿h it is appointed and has perpetual succession. The PGG is registered with Charity Commission in England and Wales under its forrnal trftle The Parochial Church Council of the Ecclesiastical Parish of Hailsham.. registration number 1132922. The prin¢ip81 address of the ch8rity is Iri￿rage Road. Hailsham. East Sussex. BN27 18L. 1.1 Basis of preparation The finanoal statements have been prepared in accordance wth the Church's trust deed, the Charrties Act 2011 and 'Accounling and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their ac(x>unts in accordan￿ with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021 leffectwe 1 January 20191.. The Church is a Public Benefit Entty as defined by FRS 102. The Church has taken advantsge of the provisions in the SORP for Chartties apptying FRS 102 Update Bulletin 1 not to prepa￿ a Statement of Cash Flows. The financial slalements have departed from the Charities (Accounts and ReFK)rtsl Regulations 2008 only lo the extent required to provide a true and fair view. This departure has involved following the Stslement of Recornmended Practi￿ for chanties applying FRS 102 rather than the version of the Stslemenl of Recornmended Practi￿ which 15 referred lo in the Regulab"ons but which ha5 since been wthdrawn. The financial statements are prepared in steding, which is the functional currency of the Church. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the histori(21 cosl convention, Imodified to include the revaluation of freehold properties and to indude investment properties and certain financial instruments at fair valuel. The principal accounting poliaes adopted are set out below. 1.2 Golng concem At the time of approving the finanual statements. the Parochial Church Council have a reasonable expectation that the Church has adequate resources lo continue in operational existence for the foreseeable future. Thus the Parochial Church Council continLbe to adopt the going con￿rn basis of accounting in preparing the financial statements. 1.3 Charitsble funds Unrestrided funds 8re available for use at the dis(*etion of the Paro¢hi81 Church Coun¢il in fvrtherance of their charitable objectives. Designated funds comprise funds which have been set aside at the discretion of the Parochial Churth Council for speafic purrx)ses. The purrx)ses and uses of the designated fvnds are ￿t out in the notes to the financial statements. Restricted funds are subject to spe￿riC conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the noles to the financial statements. 1.4 Income Income is recognised when the Church is legally entided to it after any perf0rnan￿ conditions have been met. the amounts can be measured reliably, and it is probable that income will be received. THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HAILSHAM HAILSHAM PARISH CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Accounting policies (Continued) Cash donations are recognised on receipt. Other donations are recognised once the Church has been notified of the donation, unless performance (x)ndilions require deferral of the amount. Income tax recoverable in relation lo donations r￿1Ved under GrftAid or deeds of covenant is recognised al the time of the donation. Leg8¢ies a￿ ￿¢(￿jniSed on ￿CeIpt or otherwise rf the Church has been notified of an impending distribution, the amount is known, and ￿(t1p1 is expected. If the amount is not known, the legacy is treated 8$ 8 ¢onlingenl asset. 1.5 Expenditure Expenditure is recognised on an accruals basis when the liability is incurred. Charitable expenditure comprises those costs inojrred by the charity in pursuit of its charitable objectives. Both Support and Governan￿ costs are recharged to the main activity and form part of charitable expenditure with a separate analysis being provided in the notes. Govemance costs include those costs associated with meeting the ststutory requirements of the charity and include independent examinats.on fees and costs linked to the strategic managewnent of the charty. All costs include non-re¢x>verable VAT. 1.6 Property, plant and ￿UIpMent Property, plant and equipment are initially measured al cost and subsequently measured at cost or valuation, net of deprecialion and any impairnient losses. Consecrated land and beneficed property are exduded from the accounts in accordance with s.1012llal of the Charities Act 2011. Depreciation is recognised so 85 to wrtte off the cost or valuation of assets less their residual values over their useful lives on the following basis= Fixtures, Fittings & Equipment stra￿h1 line over 5 years Thè gain or loss arising on the diswsal of an asset is detèmiined as the difference between thè salè proc8eds and the rarrying value of the asset. and is recognised in the statement of financial activities. 1.7 Non SLJPPOrt Govemance 16,271 1,080 16,391 4,800 260,549 266,169 Analysis by fund Unrestricted funds- general Unreslricled funds- asset fund Restricted funds 236,925 1.661 21,963 243,445 2,958 19,766 260.549 266,169 14- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HAILSHAM HAILSHAM PARISH CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Grants payable Unrèstrlcted Unrestricted funds funds general general 2025 2024 Grants to institutions= External mission giving 12,027 13,363 Grants to individuals 202 Support costs allocatéd to activitiès 2025 2024 Staff costs Depreciation Caretaking and cleaning Churchyard upkeep Legal and professional fees Bank charges SLJndry expenses Govemance costs 2,507 1,661 2,947 2,518 4,901 92 1,645 1,080 2,334 2,958 2,889 1,910 4,380 304 1,616 4,800 17,351 21,191 Unrestricted funds general 17,351 21,191 2025 2024 Govemance costs comprise: Independent examination fees Accountancy Book keeping support 1,080 1,080 120 3,600 1,080 4,800 Govemance costs includes payments to the independent examiner of £1,08012024.' £1,080) for independent examinerfs fees and £NIL12024'. £NILI for other services. 15- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HAILSHAM HAILSHAM PARISH CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 10 Net movement in funds 2025 2024 The net movement in funds is slated after chargingl(crediting}'. Fees payable for the independent examination of the chariVs fin8n(ial ststements Dèpréciation of owned prowty, plant and equipment 1,080 1.661 1,080 2,958 11 Paro¢hlal Church Coun¢ll Ministry staff who also serve on the PCC. erther employed by the Diocese or direcuy by the PCC, were reimbursed for expenses incurred in the course of their mini5ty. These do not relate lo their duties as PCC mernber5 but lo their empkjyment a5 Part of the Church'5 Ministy team. No PCC Members were reimbursed for out of po¢ket expenses in¢urred in ￿lation to their roles on the PCC. Two PCC members We￿ employed by the PCC during the year. Mr C Taylor was employed in his role as Assistsnt Minister.. Music and and ￿ceiVed £28,728 and the PCC made employer pension contribution of £675. Mr Taylor was also provided with living accommodation throughout the year, Mrs H Baird was employed as an administrative assistant and received a salary of £3,912. The authority for these b￿efits is provided in the Church's goveming document Aggregate donations of £18,86912024.' £19.1081 were received from the members of the Parochial Church CoLJncil during the year. 12 Employ••s The average monthly number of employees during the year was.. 2025 Number 2024 Number Employmènt costs 2025 2024 Wages and salaries Other pension costs 68,201 780 68,392 985 68,981 69,377 There were no employees whose annual ￿MuneratiOn was more than £60,000. 16- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HAILSHAM HAILSHAM PARISH CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 13 Gains and losses on investments Unrèstrlcted Unrèstrlctèd funds funds asset fund asset fund 2025 2024 Gainslllossesl arising on= Revaluation of investments Sale of investments 54,897 10,793 32,150 9,676 65,690 41,826 14 Taxatl¢n The charity is exempt from taxation on its actiwbes because all its income is applied for charitable purposes. 15 Property, plant and equipment Flxtur88. Flttlngs & Equipment Cost At 1 January 2025 143,763 At 31 December 2025 143,763 Depreciation and impairnient At 1 January 2025 Depreciation charged in the year 141,289 1,661 At 31 December 2025 142,950 Carrying amount At 31 De¢ember 2025 813 At 31 December 2024 2,474 17- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HAILSHAM HAILSHAM PARISH CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 16 Fixed asset investments Listed investments Cost or valuation At 1 January 2025 Additions Valuation changes Disposals 687,195 339,646 54,897 1350,6081 At 31 December 2025 731,130 Carrying amount At 31 December 2025 731,130 At 31 December 2024 687,195 17 Trade and other receivables 2025 2024 Amounts falling due within one year: Trade receivables Other receivables Prepayments and accrued income 2,354 8,695 938 7,315 1,284 11,987 8,599 18 Currènt Ilabllltlas 2025 2024 Other payables Accruals 8nd deferred in¢ome 340 4,764 1,394 4,639 5,104 6,033 19 Retirement benefft schemes 2025 2024 Deflned contrlbutlon $¢h¢m¢$ Charge lo profit or loss in respect of defined contribution schemes 780 985 The Church operates a defined ¢x)ntribution pension scheme for all qualifying employees. The assets of the scheme are held separately frown those of the Church in an in¢JependenUy administered fund. 18- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HAILSHAM HAILSHAM PARISH CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 20 Restricted funds The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used. At 1 January 2025 In¢oming resour¢es Resour¢e$ expended Transfers At31 December 2025 Vi¢arfs Discretionary Fund Women 2 Women Furbd Youth Zone Children's Ministry Coordinator Men at HPC Earfy Years Ministry Coordinator Social Media Content Developer SLJPPOrting older people Employment of an Associate Vicar Bill Brooks legacy 2,660 138 21 1.868 140 2,660 320 21 7,326 770 63 11.583 2,187 15881 1631 16.1251 12.3841 57 9,486 18,8361 650 600 16001 1,0 1,000 133 3.367 133 13.3671 9,327 24,689 121,9631 57 12,110 Previous year: At 1 January 2024 Incoming resources Resources expended Transfers At31 December 2024 Vicar's Discretionary Fund Women 2 Women Fund Youth Zone Children & Family Worker Fund Men al HPC SLJPPOrting older people Employment of an Associate Vicar Bill Brooks legacy 2,770 92 627 52 19,139 766 12021 15371 11581 117,2711 19651 2,660 138 21 1,868 140 1,000 127 339 1,000 133 133 3,367 4.000 16331 4,417 24,676 119,7661 9,327 The Vicar's Discretionary fund has been set up lo allow the vicar to make small anonymous payments to those in need at his discretion. The Women 2 Women fund receives specific donations lo cover cosls of holding outreach events for women. The Youth Zone fund re￿iVeS donabons to spend on Youlh actiwties and to be used to purthase equipment and for various other expenses of that Church group. The Children's Ministry Coryordinator (previously the Children & Family Worker Fund) represents grants and donations received to fund the salary of this staff member. Employment costs are allocated against this incxime. 19- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HAILSHAM HAILSHAM PARISH CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 20 Restricted funds (Continued) The Men at HPC fund represents fvnds received lo pay for expenses of that Church group. The Early Years Ministry Coryordinator fund represents grants and donations received lo fund the salary of this staff member. Employment costs are allocated against this income. The Social Media Content Developer fund represents grants r￿1Ved to enhance the Church's online presence. Costs of engaging support are sel against this Income. In 2022 a donation was given earmarked for Support for older people. The funds are planned to be used to purch85e some chair Cushions during 2025. The Employment of Ass¢¢iat¢ Ifi¢ar fund ￿p￿sents grant funding r￿1Ve￿ tOW8rds the Costs of employing an associate vicar. 11 is hoped that such an aprx)intment will be made in 2026. The Bill Brooks Lega¢y ftjnd ￿presents monies donated in memory of a fom)er member of the Churd) lo be Ljsed for pur¢hasing new computer equipment the making of a 10ft illuminated star housed in the Church porch and lit throughout the Advent and Christmas period. Al tunds have now been Ljsed and the ftjnd is closed. 21 Unrestricted funds - asset fund The income funds of the charity indude the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.. At 1 January 2025 Resources expended Transfers Gains and losses At31 December 2025 Asset fund 730,941 11,6611 13,361 65,690 808,331 Previous year: At 1 January 2024 Resources expended Transfers Gains and losses At31 December 2024 Asset fund 676,439 12,9581 15,634 41,826 730,941 The Asset Fund represents funds held in the form of tangible fixed assets and an investment portfolio. The fixed assets are not readily realisable and tt is the intention of the PCC to maintain and grow the investment portfolio lo generate income to suppK)rt the day40-day aclivities of the Church The resources expended represents the depreciation of the fixed assets in the year. The transfers represent the nel effect of withdrawals and transfers lofftom the investrnenl. The revaluation5 gains and losses represents the net gains or losses on the investment portfolio during the year. THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HAILSHAM HAILSHAM PARISH CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 22 Unrestricted funds The unrestricted funds of the charity comprise the unexpended balan￿S of donations and grants which are not subject to specif1c conditions by donors and granlors as to how they may be used. These indude designated funds which have been set aside out of unreslricled fvnds by the trustees for speafic purrM)ses. At 1 January 2025 In¢omlng r¢sour¢¢$ Re$our¢e$ expend Transfers At31 D￿mber 2025 General funds 184,179 194,409 {243.7411 113.4181 121,429 Praviou$ year: At 1 January 2024 Incomlng résourcés R•sourcÈ$ èxpendèd Transfers At31 Decembar 2024 General funds 186,490 262,879 {249,5561 115,6341 184,179 23 Analysis of net assets between funds Un￿StrICted Vnrestri¢t¢d funds funds general asset fund 2025 2025 Re$trided funds Totsl 2025 2025 Fund balances at 31 December 2025 are represented by: Property, plant and equipment Investments Current assetsllliabilities) 813 731,130 76,388 813 731,130 209,927 121,429 12,110 121,429 808.331 12,110 941,870 Unrestricted Unrestricted funds nds general a$set fund 2024 2024 Restricted nds Total 2024 2024 Fund balan¢e$ at 31 De¢èmber 2024 are r¢pre$¢ntsd by: Property, plant and equipment Investments Current assetsllliabililies) 2,474 687,195 41.272 2,474 687,195 234,778 184.179 9,327 184,179 730,941 9,327 924,447 21 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HAILSHAM HAILSHAM PARISH CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 24 Operating lease commitments Lèssa• At the retx)rting end date the Church had outstanding commitments for fvture mir)imum lease payments under nOn-Can￿lIable operating leases, which fall due as follows.. 2025 2024 Within one year Between two and five years 853 3,413 853 853 4,266 25 Relatsd party transactions Two members of staff employed by the PCC are relatives of PCC Members. During the year these staff members eamed a total of £15,067 induding employer pension contributions. Ther& We￿ no other dis¢losable ￿lated party transadions during the year 12024 nonel, other than those disclosed in note 11. Transa¢tions with members of the Paro¢hial Church Council.,