HOLY TRINITY KENDAL PARISH CHURCH ANNUAL REPORT AND FINANCIAL STATEMENTS 31 DECEMBER 2025
HOLY TRINifY PARISH CHURCH KENDAL FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025 CONTENTS Members, Annual Report 10 Independent Examiner's Report to the Members Statement of Financial Activityes 12 Statement of Financial Po$i¢ion N0te3 to the Financial Statements
HOLY TRINITY PARISH CHURCH KENDAL FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025 ADMINISTRATIVE DETAILS Registered Charity Name The Parochial Church Councll of the Eccle$lastlcal Parlsh of Kendal Holy Trinlty Charity Registration Number 1132947 Principal Offlce Kendal Parish Churth Kirkland Kendal Cumbrla LA9 SAF Paroehlal Church Council Clergy membe The Revd Canon Shanthi Thompson The Revd Ashley Henderson The Revd Anne Underwood (resigned 30th January 2025) The Revd Andrew Ward (from 18th September 202S) Churthwordens Richard Forsyth Ann West lan Fishwick Deanery Synod members Janet Thompson Elerted members Paul Arnold David Aspinall Janet Henderson (Secretory) Rosemary Hlr5t {from 18th May 2025) Stephen Lockwood Chris Magee Beverley Moore (reslgned 18th May 2025) Graeme Moore Carolyn Nicholson (from 18th May 2025) Anita Peat Helen Platts (Treosurer) Pam Priestley (from 18th May 2025) Lucy Varney John West Accountants Lamont Pridmore (South Cumbria) Ltd 136 Highgate, Kendal LA9 4HW
REPORT OF THE PCC MEMBERS FOR THE YEAR ENDED 31 DECEMBER 2025 Objertives The primary objective of the Parochi Church Council (PCC) of Holy Trinity Kendal Parish Church is the promovon of the Gospel of our Lord Jesus Christ according to the dottrines and practices of the Church of England. The PCC has the responsility of co•erniing with the Vicar. in promoting within the ecclesiastical parish rhe whole mission of the church - pasto. evangelistic, social and ecumenical. The Revd Canon Shanthi Thompson is the Vicar. In developing the church's aims and objectives, we have considered the Charity Commission's guidance on public benefit and in particular the specffic guidance wven co chariries for the advancement of religion. Kendal Parish Church {KPCI shares the Diocese of Carlisle's Vision and seek5 to grow God'5 Kingdom in Cumbria by working with our Ecumenical pamers to Follow Dafy- helping each other to follow Jesus more closety. Care De¢ty - listening to our communitbes to serve them and to challenge injustice, Speok Boldty - sharing our faith in Jesus in every¢Jay ways. with all people and Tread Gentfy - protecting God's creation, seeking to sustain and renew the life of the earth. In all we do, in prayer and worship. in welcome and service. and in pastoral care and outreach, we seek to embrace this vision and watch for slgns of the grovrth of Gods Kingdom. Our mission is ro be a welcomin£ Christian community serving the people of Kendal. Our Achlevements In 2025 Mlsslon and Mlnlstry This year our regular weekty services have InCred in number with the introduction of a Twiligh¢ Communion Service at 5.30pm on Tuesdays. This service is popular with those unable ro ariend Sunday morning worship, those with responsibilities within ser4ices on Sunday and those from other churches who appreciace the scruccure of the liwryy. We have a0 established and more regular pattern of Friday Evensong ser¥ice3, sung by the Kendal Chori5(ers. This. our children's choir. has continued to grow under the leadership of Jonathan 8ielby our Music Director, and we sent five youngsters to Morland Chorister Camp in the summer. Our adult choir has grown too and has been delivering a beautiful array of old and contemporary anthems wirh jonathan composing new communion settings and introducing them to the tongregation. We are also thankful for the tremendous musical ability of ArKly Plowman our organi$L Donations from the Frien¢Js of KPC have this year contributed tovnrds the co$r of display stands choir robes. chorisrer camp. Messy Church and bought l O new music stands for the choir. We are very thankful for their ongoing supporL The music group at The Gatherirbg con¢inue5 ro introduce new worship songs and blend them with more trnditional hyTnns in moving ways. Café Church is now a monthty leature of The Gathering and allows more interaccion and engagement around tables. We once again welcomed students from Capernwray who not only worshiped with us bur served the church in Yarious ways. Our bellringing team. under Kevin Marfield's leadership, not only calls us to worship but are training new ringer$ several new church members have reported coming because they heard the bells. It rakes a large number of people co make our services happen vthith include welcomers. sound desk ¢eam. servers, readers and those leading interce55ions to we are all thankful. New people have joined KPC and we have seen more people oke up the many volunteering opportunities, although more are always needed and wekome. Aongside our house groups we ran The Bible Course. which VAS a great YAY for those exploring God's word and long-standing
REPORT OF THE PCC MEMBERS FOR THE YEAR ENDED 31 DECEMBER 2025 member5 of the church to lool together. at the unfolding story of God. Mos¢ attendees have joined a house group and there are plans for a Chris¢ian Basics course. Our ministry team works hard, as ever, not only at KPC but in other local churches who need extra priestly supporL We were delighted to welcome Revd An¢ty Ward. ordained deacon in June. to seThe 2$ Assistant Curnre and the Revd Sardh Jones to serve a Second curacy. Thanks are due to Revd Ashley Henderson. our Pastoral Minster for his compassion and hard work and to Beverley Moore and the Anna Chaplaincy Team for the regular services and visits they provide in care home$ and the monthty Tea Service. and to all v*tr take Holy Communion to the housebound. Inese Vaivode. our chlldren and famlly worker has been building up relationships and links across our drious groups and Messy Church is attracung new families. We ran Deep Sea Divers Holiday Club in the summer, which was great fvn with church children. those who came last year and new young people joining us. Many of our Youth Group. vtho also help at Messy Church. joined Voluner leader5 to make the club a great success. Inese also Supports Kendal Choristers and coordinates Sunday activities for children during the 9.30 service. The Baby and Toddler group has been so popular that we sometlmes need a vrditlng Ii5L Dot Yates and her team provlde a safe. fijn and carlng environment for parents, carers and their children. We have begun a Men's Breakfast and plans are in place for a Ladies Brunch. These Thvo activities. together with occasional Sunday afternoon sla[5 an¢J coffee between Sunday services, enable our church members from different congregations to get to know one another and offer hospitality to visitors. The need for prayer remains a constant as we face the challenges of ministering in an increasingly broken world and ol maintaining a Grade I listed church in need of urgent conservation. Morning Prayer is said in church twice a k and on Zoom once a week. Many members of the congregation use the Prayer Calendar, and our Prnyers for Peace are at¢ra¢ting a growing number of people. Our prdyer chain and tree are well used. and many people find the simplicity of lighting a candle as they sit In sllence an aid to their engagement with God. With the generosity of our regular givers. as well as c¢)ntributing the full cost of ministry to the Diocese. we have been able to support Christlan Ald and the work of our CMS Mission Partners who are working in East Asia. During the year £5.531 (2024 - £8,342) was colleaed at funerals and special services and passed on the Ydrious charities. Our work in rhe Helm Mission Communirx. with the parishes of Crosscr4ke, Natland, New Hutton and Old Hutton. the United Refomed Church and the Salvation Arn)y. continues to develop as does our engagement with the other churches across the Kendal Mission Are& There were 125 members on the Church Electoral Roll ac the 2025 revi51on. Our avernge Sunday atndance is 121. This fyre does no¢ fake into account our ekdaY attendance and Messy Church. Community Engagement The Revd Shanthi and The Revd Ashley Henderson serve as Governors at Vicarage Park Church of England school and the team lead collective worship each week as well as delivering lessons and helping classes deliver worship to the rest of the school. Inese and Rosemary Hir5t run a lively and growing weekty lunch Club at Vicarage Park and we provide resources for craft acriviries for church visitors during School holidays.
REPORT OF THE PCC MEMBERS FOR THE YEAR ENDED 31 DECEMBER 2025 Our Week Coffee and Cake event offers a wam) vrtkome to members of the community and church as well as visitors. Friendship. refreshmenr and a listening ear are always available thanks to Ann WesL Julia Rocha and Andrea Burton. supported by many baker5. The Connect Café. which we run with our Mission Community Partners at the Salyation Army Hall, is a welcoming and supportive space to which a wide range of people come. including those recommended by social prescribers. The Connert Café was starced under the leadership of our Pioneer Minister, the Revd Anne Underwood, who retired thi5 year leaving it in good hands. Our engagement with the Kendal community keeps devek)wng and our invofvement with Kendal Futures resulted in their Christrnas Evenr being held at our church. We have also been involved w the Town of Culture bid and are members of the Kendal Local Heritage Parmership. both of which were se¢ up in 2025. We have increased the number of events and attivities in our building which has brought many new people into the church. These new visitors. many of whom are local and who do not usually attend worship, have an enjoyable time in our building and, we hope. are encouraged to come again. Amongst other things, In 2025 we hosred nine concerrs. four lectures. seven tours of the church and 26 school visits. Many of these events rety on a team of volunteers to whom we are grateful. Our OrganisL Andy Plowman. also arranged 21 lunch-time organ recitals - many of the recitalists travelled to U5 from other parrs of the country. All monies donaced at these recitals go wwards the Organ Reswration Fund. In 2025 we engaged with Kendal College whose art scudents spent ume sketching in church and created beauttful ceramic5 inspired by what they had seen. We were delighted to host an exhibition of their work in Jun¢ Our Chrisrmas Tree Festlyal ralsed much needed funds for 30 charities with £8.51 O being collected for them (2024 - £8,342). Each tree was uniquety decornted accordlng to the theme of 'Christmas Carols, and we saw a hos¢ of heavenly angels, many bel and a very large partridge. The festival attracted a large number of visitors of all ages from the tovm and further afield. We hosted Carol Service5 for more schools this year and all our Christmas sernces were well attended. We continue our ministry to the tovm of Kendal and the surroundinz area. Our Remembrance Service wa5 well attended by unifomed organisations and the community. We also welcomed our Mayor and Councillors to our annuai Mayorfs Service in Juty. Our Church Building The PCC has legal responsibility for the church and is responsible for managing the church's properry and maintenance. Our church is a Grade l Listed P4Jilding and 1$ on the Historic England At Risk Register. Consequently. regular maintenance is consrant and costly. We apply for grnnts wherever possible including The Kirkland Trux to keep up wth the repairs identtfied by our Quirbquennial Report and those that arise unexpectetjty. John West and other Yolunteers undertake small jobs around the church which save us money and enable u5 to maintain and improve the church. The Building Development Group meets monthly and manages most of the technical aspects of building maintenance including repairs. quotionS and faculty applications. This allows the PCC to receNe a Building Group report at its meeungs and discuss and approve proposals in the context of our mission and minis¢ry. Thanks to the Yrk of the monthly gardening group the area surrounding the church is kept looking neat and tidy. Our environmentsl attion group, KePCE& are worknng towards the silver Eco Church award and keep us apprnised of vrdys in which we can live and att more susunably. And our cleaners Di Duff and Kath Ward keep the church in pristine c¢ndirion.
REPORT OF THE PCC MEMBERS FOR THE YEAR ENDED 31 DECEMBER 202S KCTIOOO, our National Lottery Herrtsge Fund (NLHF) projecL is in its Development Phase. and many investigations. consultations and workshops have been conducted which will inform our application for the Delivery GrdnL Both planning pennission and a faculty have been granted and the main Challenge now is rdising match_funding lor the project The ¢es5ation of the Listed Places of Worship Scheme. which refijnded VAT paid on church repair5. ha5 had a serious impact on our fundralsing plans. which we wll have to address through gr4nts and other don2ti0115. We are grateful to the Project Board and especially to Paul Arnold and Helen atts for their knowledge, skills and the innumerable hours they spend ythn8 on the KCT I (M)0 projeci in a voluntary capacity. Operatlons Our churchwardens Ann WesL Dick Forsyth and lan Fishwick have worked hard ardin thi5 year, mainly behind the scenes. to ensure our church building* seThices and activities run smoothly and are supported by our PCC and arniy of volunteers. The PCC, as trustees of the church. keep abreast of church activity by regularly receNing reports from our sub-groups.- the Ministry Team. the Stsnding and Finance Commlttee, the Building Development Group. the Kcfiim Prolett Board, the KPC Envlronmental Action Group {KePCEA). the World Mlssion Group. and from our Parish Safeguarding Officer and Children and Famity Worker. It discusses issues fating the church. making decision$ on its behalf and both reviews its acciwry and looks ahead. The PCC has complled with the duty under section 5 of the Safeguarding and Clergy Dlscipline Measure 2016 to have regard to House of Bishops. guidance on safeguarding children and vulnerable adults. The PCC is committed to crea¢ing an environment vthich is welcoming and respecthjl and enables safeguardlng concerns ro be raised and responded ro openly. promptty and con51stently. Carolyn Nicho150n is the desiared Parish Safeguarding Officer. The Parish Safeguarding Officer works closely with the VScar and reports regularly to the PCC on safeguarding in the parish. Last by no means, least we must give thank5 to our Parl$h Administrarors. Janet Henderson and Diane Letheren who manage the running of KPC diligently and efficiently. as well a5 offering a sounding board and a mucKneeded Ilstening ear. Flnanclaj Revlew In 2025 total income wa5 £523.713 12024 - £430.124). Of this. £326,119 was unrestricted income {2024 £188.5151 and £197,594 (2024 - £241.609) was restritted income. Unrestricted income included two legacies toralling £130,(LM) whith the PCC has desiated to the KCTIo DelNery Fund. Total expenditure was £473.177 (2024 - £279.062) with unrestricted expenditure of £194.016 12024 184,179) and restricted expenditure of £279,161 {2024 - £94.883). This resulted in an opernting surplus on unrestricted funds of £2.103 {2024 - £4.336). an operdting surplus on desIated funds of £130.000 (2024 - £nil) and an overnll operdting surplus of £50.536 (2025 - £151.062). The overall surplus for the year. taking inco account the loss on inves¢ments £41,534 {2024 £155,957). This comprised a loss on unrestricted income of £l.H3 (2024 a surplus of £6,538), a surplus on designated fijnds of £130,(xXI12024 - £nil), a defs¢it on restritted funds of £82.168 (2024 - surplus of £147,436) and a loss on endovmient funds of £4,855 {2024- a surplu5 of £1,983). The church's tocal assets increased from £464.317 at the end of 2024 to £505.851 at the end of 2025. Of this. £137,833 (2024 - £139.276) related to unrestricted funds. £130.000 to designated funds {2024 £nil), £167,568 to restritted funds (2024 - £249.736) and £70.450 to endowment funds (2024 - £75,305).
REPORT OF THE PCC MEMBERS FOR THE YEAR ENDED 31 DECEMBER 2025 Reserves Policy The reserves policy agreed by the PCC reflects its responsibility for the financial security of the organisauon and aims to.. accumulate an adequate level of funds to finance short-term reducuon5 in income ¢au$ed by unexpected events. This curren¢ty srands at 9 months. opernting expenditure. The alm is to maintain this ai the curren¢ level. generd annual operating surpluses to build up further reserves to fund the programme of maintenance and repairs identyfied in the regular Quinquennial Inspection Review. invest our free reserves to earn interest which can be used co offset future operdting and capital expenditure. Investment Pollcy The PCC'S investment policy pursues a balance between risk and revrard. All our investment assets are now in CBF Investment Trust Uni¢s or COIF Ethical Trust Units. The trust units are managed by CCLA Investment Management who pursue a socialty responsible investment policy, vthich aims to restrict or prevent invesunent in Companies vlhose main business incerests are in landmines. clusr bombs and nuclear weapons. mblIn& ¢obacco. alcohol. pornography, energy coal extrdcrion or high interest crediL Structure, GovÈrnance and Management The PCC of Holy Trinity Parish Church Kendal is a corpordte body established by the Church of England. It 1$ part of the Diocese of Carlisle. The PCC operates under the Parochial Church Councll Powers Measure and 15 a charity registered with the Charity Commission. Members of the PCC are either ex officio or elected by the Annual Parochial Church Meeting in accordance with the Church Represenratyon Rules. Each year the church encourages members of the congregation w register on the Electordl Roll and stand for eleccion to the PCC. Training is provided PCC members as the need arises. Responsibility for the day-to4ay ¢>pera¢ions of the church is delegated to the Vicar. There are three independent trusts whith relate to the PCC: The Kendal (Kirkland) Trust (registered tharity number 1176972) vlhich administers the carpark which is held jointly by the trust and the Parish Hall TrusL The Parish Hall Trust {wstered chartty number 510761 > vthich holds and administers the Parish H211 and along with the Kendal {Kirkland) Trusr holds the trusts. carpark. The Friends of Kendal Parish Church - a chariry which Seeks to attract fundlng from those who value but do not neces53rily attend the church.
REPORT OF THE PCC MEMBERS FOR THE YEAR ENDED 31 DECEMBER 2025 Committees and Groups The Standing and Finance Committee meets between full meetings of the PCC and is responsible for budgetary control. investment strntegy. Christian Stewardshi remuneration p)licy and overseeing the mxintenance and insurance of church property. The PCC has set up groups f¢xused on the following, reporting back on a regular basis to the PCC: The Ministry Team The Building Development Group The KCT I OCKJ Project Board KPC Environmen1 Action Working Group {KePCEA) The World Mission Group. Prlnclpal Rlsks and Uncertalntles The major risks to which the PCC Is exposed have been reviewed and actlon Is belng taken to mItIte those risks. The key risks a A lack of Impact and engagement activities currentty being undertaken. mitipted by the wide range of missional and worship Our financial sustainabiliry- mitipted by actions raken each year to achieve a balanced budget Safeguarding mltigated by the ac¢lons we are taklng to Implement the Church of England's Safeguarding policy. Fabric repair - mitirdted by the work of the Building Development Group and the work that is underway to develop the detailed bid for restoration of the Bellingham Chapel Roof and the Tower which 1$ due to be submitted to the NLHF in May 2026. Health & Safery- overseen by the PCC. IT security- mi¢iga¢ed by our IT security arrdngements. Data protection - mi¢igated by the sceps we have taken to respond co GDPR requirements. Golng Concern The PCC, having considered the church's current financial position and the budget for 2026 and the associated rlsk5 and assumptions. have identified no material uncertainties that may cast doubt about the abiliry of the church to continue as a going concern for at least twelve months after the signing of the accounts. Step5 continue to be taken to ensure that a breaken operating budget Is established to enable the church to maintain its current level of reseThes and move to a position vthere it is able to generate surpluses to fvnd future church renoYdfion and development projects.
REPORT OF THE PCC MEMBERS FOR THE YEAR ENDED 31 DECEMBER 2025 Future Plans This report gives a glimpse of the activity that goes on in and through KPC and a flavour of what is to come: but there are always new ideas ¢0 refiea on. plans to nke and ideas ro try. We diligendy seek God's guidance and help as we worl with him. to grow hi5 Kingdom here in Kendal and maintain and develop our church building. In particular through the KCT I( projecL we are receiving 5UPPOrt from the NLHF to develop proposals not onty to ensure the susrainability of our buildin& but also to strengthen our outreach and engemen[ with the communiry. as well as improving the presentation of the herirage of our church and the town. The joys and challenges of life and ministry at KPC are many and are borne by a large number of people, with some working many hours to enable us to achieve all that we do. As we move into the coming year we are assured of God's presence wtth us and we trust the guidance of hi5 Hoky Spirit so that all we do will be to his glory and for the spreading of the Gospel. This Members, Annu Report was approved on 23rd April 2026 and signed on behalf of the PCC by: The Rev'd Canon Shanthi Thompson Vicar of Holy Trlnlty Par15h Church, Kendal
INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF THE PAROCHIAL CHURCH COUNCIL OF HOLY TRINI PARISH CHURCH KENDAL YEAR ENDED 31 DECEMBER 2025 I report on the financial Statements for the ye¥ ended 31- December 2025, which comprise the statement of financial activityes. statement of ffinancial position and the related notes. Respective reSponbIlItIeS of members and examiner The members are rPonsible for the preparation of the financial statements. The members consider that an audit is not required for this year under section 144(2) of the Ch¥itie5 Act 2011 (the 2011 Acr) and that an independent examination is needed. It 15 my responsibility to: examine the accounts under section 145 of the 201 l Act to follow the procedures laid down in the general Dlrectlons wen by the Charity Commission under section 145(5}(b) of the 201 l Ac¢ and ¢0 state whether particular matters have come to my atcenuon. Basls of Independent examlnerfs report My examination was carried out in accordance with the general directions given by the Chariry Commission. An examination includes a review of the accounting record5 kept by the chariry and comparlson of the accounts with those records. It also includes considerntion of any unusLtal items or disc105ures in the accounts and seeking explanacions from you as trustees concerning any such matters. The procedures undertaken do nor provide all the ewdence that would be required In an audit and Consequently no oplnion is &ven as to whether the accounts present a 'true and fair view. and the report is limited to those matters set out In the next statement. A description of the scope of an audit of financial statements Is provided on the Financial Repor¢inz Councll's webslte at vfivw.frc.orz.uklauditscopeukpriwdte. Independent examiner's statement I have completed my examination. I confim that no material matters have come w my attention in connection with the examination w'ving me cause to believe that in any material respecL . accounting records were not kept in respecc of the chariry as required by section 130 of the Act: or 2. the financial statements do not accord with those records: or 3. the financial statements do not compty with the applicable requirements concerning the forni and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the account5 give a 'true and fair. wew which is not a matter considered as part of an independent examinauon. I have no concerns and have come across no other matters in connectit)n with the examlnation to which attention should be drawn in this report in order to enable a proper understanding of the accounts Karl Burrell For and on behalf of Lamont Pridrnore (South Cumbria} Ltd Independent Examiners 136 Highgate Kendal Cumbria LA9 4HW 10
HOLY TRINITY PARISH CHURCH KENDAL STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025 2025 Restritted funds Unre5trKled funds DeSIatr Funds Endowment fund5 Totsl Total Noies Income and endowments Voluntary income Grants 137.926 28.438 18.142 5.798 5.476 339 13.607 168.161 151,533 196,599 18,142 7,405 5,476 144,558 523,713 149,876 247,762 Athf5tles for8eneratinB funds Income from investments L607 Church artivities 5,231 9.832 430.124 Other Sncome 130.( 130.( 14,219 197.594 Total Inctsmt 196.119 Expendlturt Church acii¥lUes Tot41 ¢xpendhur I9416 279.161 473,177 279.062 N¢¢ ltttome bÈforetr¥nsl•r 1103 130.(OJ 181.5671 50.536 1,062 Tranf•rs Gross transfers between lund5- In Grvss transfer between lund- out L154 12671 12261 11.1551 11,6481 oih•r r•eoinls•d plns4nd 1pM Net 8alnslllosse510n investment assets N•t mov•m•M In fvnds 14A331 11143 17711 IU1681 13.7981 14%551 19,CQ21 41534 4,895 155.957 Tot)I funds brou8ht forward 139.276 249,736 75,305 464.317 308.360 Totll ftsnds tNled foThwrd I3733 130KOJ 167.568 70,450 $05,851 164,J17 The statemenc of financial acvvities includes all 8ains and losses recognised in the year. All income and expenditure derive from continuing ac(ivirles. The notes on pages 13 to 20 form part of these financial statements.
HOLY TRINITY KENDAL PARISH CHURCH STATEMENT OF FINANCIAL POSITION 31 DECEMBER 2025 Trf Funds Funds Funds FuTh05 Investrntnr5 IC6312 Debtors 6.759
2530 71ts99 2661 337.730 11736 261042 274.571 Cash at bankand Inhand lo31 16Wi Credhtor5." ?mountstalllwduevAthlThonowar 1gJog 149.132 27,277 661 31J2J 2Sg,917 Total4sSttsl 137ffi3 IX7IAiI 167J68 Fuffldiolh•thiiMf Unr05trkt lunds DesklIe Funds Re5trlrtedfunds Éndowrnenifund I373 IIY.276 130mJ 167568 70,450 505M51 167J6• 249.736 7x305 50 YON50 T•tl th•rliyfvnds 137J33 The financial statements were approved by the Members on 23vd April 2026 and are slgned on thelr behalf by.. *2 The Revd Canon Shanthl ThOmPn Chalr Helen Platts Treasurer 12
HOLY TRINITY PARISH CHURCH KENDAL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025 Accounting policies (a) Basis of preparation These financial statements have been prepared in accordance with the Church Accounting Regulation5 2006. the Chariues Act 201 l and the requirements of the Stacement of Recommended Prnctice - Accounting and Reporring by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland, (FRS 102). The accounts include all transactions. assers and liabilities for vthich the PCC is responsible in law. They do not include the accounts of church group5 that owe their main affiliauon to another body. nor those that are inlomial gatheriny of church members. (b) Accounting conventlon The financial statements have been prepared under the historic cost convention excepc for the valuacion of investment assets which are shown af market value. Income and expenditure are accounted for on the accruals basis. The accounrs ¥e prepared in srerling which is the funccional currency of the entiry. (c) Going concern There are no material uncertainves abouc the church's abiliry to continue. (d) Judzements and kèy sources of estlmatlon uncertalnty The preparation of the financial statements requlres management to make ludgements. estimates and assumptions that affect the amounrs reported. These estimates and judgements are conunually reviewed and are based on experience and other factor& including the expectations of future events that are believed to be reasonable under the circumsran¢e* (e) Fund accounting Endowmen¢ funds are funds, the capital of which must be maintained; ¢)nly income arising from Investment of the endowment may be used either as reSuicd or unrestritted funds depending upon the purpose for which the endovmient was established. Restricted funds represenL' income from trusts or endowments which may expended only on those restricted objects provided for in the temis of the t5( or bequesk and dorbations or grnnts rece¢ved for a specthc object or invested by the PCC for a specrfic objecL The funds may only be expended on the Specific object for vthich they were given. Any balance remaining unspent at the year-end must be carried forward as a balance on that fund. Where there is no separate inve5tmenL interest 1$ apportioned to individual funds on an average balance basis. Unrestricted funds are general fund5 of the PCC that are noi subject to any restrictions regarding their use and are available for PCC ordinary purposes. Funds designated for a par¢icular purpose by the PCC are also unre5tri¢ced.
HOLY TRINITY PARISH CHURCH KENDAL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025 (fj Incoming resources Planned giving receivable under Gift Aid is recognised onty when received. Income tax recoverable on Gift Aid donations is accrued for in line with the accounting period in which the related donations were made. Collection5 and donations are recognised when received by, or on behaff of, the PCC. Granrs and legacie5 to the PCC are accounted for as soon as the PCC is notified of its legal entitlemen¢ the amount due is quanufiable and an inflow of economic benefit is probable. Dividends and interesr are accounced for when receivable. All other income is recognised wherb it is receivable. All incoming resources are accounted for gross. (z) Resources expended The Diocesan Parish Share is accounted for when due. Grnnts and donafions are accounted for when p2id over or when aNrdrded. if an outllow of economic benefit is probable. Amounts received for a specific missionary project are dealt with as restricted funds. All ocher expenditure is generally recognised when it is incurred and is accounted br gross. (h) Flxed assets Consecrated and benefice property of any kind is excluded from the accounts by s. l 0(2)la) and (c} of the Charities Act 2011. moable church furnishings held by the Vicar and Churchwardens on special trus¢ for the PCC and which require a faculty for disposal are inalienable property unless consecrnred. They are listed on the church's inventory which can be inspected at any reasonable tlme. For Inallenable propery acquired prior to 21JX) there is insufficient cos¢ infom)ation ardilable and therefore such sets are not valued in the financial statemencs. Depreciation Is provided on all equipment used within the church premises so as to write off the cost of valuation less residual value over i¢s expecred lrfe as follows.. office equipmenL on a strdight-line basis over S years • computer equipmen¢ is depreciared at 40% per annum on a reducing balance basls. Individual items of equipment wlth a purchase prlce of £ I.OCQ or les5 ¥e wrltten off when the asset is acquired. The application of these policies means there are currently no fixed assets valued in the financial statements. (l) Current assets Amounts owing to the PCC a¢ 31 # December in respert of fees. rents or other income are shown as debtors less provision for amounts that may prove inalienable. Short-term deposit5 include cash held on deposit either with the CBF Church of England Funds or at Barclay5 Bank. O) Investments Investments are valued at market Ydlue on 31tt Decwnber. 14
HOLY TRINITY PARISH CHURCH KENDAL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025 Income Unrestricted ()e5*nated nds fvjnds Re5ththd nds Endowment fund5 Total Totsl Volunt•ry trKom• Planned 710 86J99 12.657 8.161 15y9 6,897 21,870 151,533 Collectiolls I27 141 Contadless GTri Other donatlons 8,329 1?,641 7.862 21,120 149.876 3A96 6A97 21P46 137326 Church boxes Tax recoverableon GIftAid 824 I37 Grants Grants- recurrini Grants- one ofl 27J98 28,798 I67,1 196.599 .545 219,217 247,761 167,261 168,161 2BA38 ArtMlknforyMrntlnifun Fundraisini V5¢ of churth Refreshments IL461 5.fi12 1&142 12,461 S.602 16.142 9,354 Incom•from Djvidends Bank and CBF lrnt•r•st 5.758 1.647 l.flJ7 1,607 1451 Intom•from thurth •ctMt Fees- weddlngs and funerals 5A76 5.476 5A76 5A76 9,231 5.231 Sundry nme Lrfacies 339 12.219 12,558 132,IXX) 144.558 9,832 130,L 130.LK#) 339 14.219 9.832 T•¢al 196,119 130.(¥J) 197594 523,713 4ao,124
HOLY TRINITY PARISH CHURCH KENDAL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED J I DECEMBER 2025 Expendlture 2025 Resvicted fund5 2024 Total Unre51ricted Designated funds Funds Endowment funds Totsi MlnSstry.. dlocesan parish share Other mln15try Costs Worshlp Mu51C 69*94 9234 1,202 26,144 47,862 19.958 52.743 12.794 530 67,839 16.017 1,465 27,207 32,350 47,S97 58.633 3,718 L3SS 9.234 1.202 13540 2,710 19,958 1.2 12,794 Church nJnnin8 and maintenance Major repairs Admlnistr4tlve costs ChSldren and Youn8 People Charltsble gmng Oeveloprnent Prokrt Other 45.152 $1,463 21Z50 16.199 279,161 212,650 20,166 473,177 3.%7 194.016 2I8BI 279,062 Independent examlnatlon fee 2025 2024 Fees payable to the independent examiner 1,956 Staff costs 2025 2024 Gross Salarles Sotial Security Costs Pension Costs Less.. ErnploymentAllowan 76,933 4.327 67.845 14.3271 77.376 144401 67,845
HOLY TRINITY PARISH CHURCH KENDAL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025 2025 2024 Number of Maff Administrators Children's Worker Pastoral Care Worker Wellbeing Café Support Worker Cleaners Muslc Dlrector Church Organist Pioneer Minister io The average headcount of employees during the year wa5 9.5 (2024- 8.4). No employee received employee benefits of more ttrAn £60.(NX) during the year Q024 - nil). Trurtee remuneration and expenses The Revd Ashley Henderson, an ex officio member of the PCC. has been pardy remunerd¢ed from che PCC'S Assistant Cler&v Restricted Fund in respett of his role a5 a part-time Pastoral Care Worker. His tocal remunerdtion for 2025 vns £12,43S {2024 - £12,109), of which £9,175 12024 - £8.932) was for the role as part-cime Pasroral Care Worker. and £3.260 (2024 - £3,177) was fees for conducting funer41 and other ser¥ice5. funded out of services fees. A trustee was employed as a part-ume Parish Administrator for the whole of 2025. Their total remuneratiorb for 2025 was £12,802 {2024 - £ 52.462). During 2025, no expenses for trnvel and sub$iscen¢e were paid to the Revd Canon Shanchi Thompson (2024 - £nil) given that she received a granc direcc from the Years Fund of £3.fJ)0 (2024 - £3.0001 co cover her personal expenses. In 2025. £59 was paid to the Revd Andy Ward for travel expenses. Investments Tot 1025 fvnds FuTrJS luhds InYdimehts•t m4rtTrAlue A J•nu•ry 2015 JJ? 74.248 13,79BI 70NSO 159,50S 4a95 14A331 .2} 195,39B Invnlrn•nts¥Imlrt•¢1JI DK•mbw3)25 All invesrments shown above are held at luation on 31 x December. The MW Wilkinson Bequest vras originalty for geneAI purposes and is invested in the CBF Fund. At the end of 2022 a proportion of this investmenL with a total dlue of £17,149, was trnnsferred to che Organ Renovation Fund to Compensa for the drawdown of cash from the Organ Renovation Fund bank ac¢ounr co fvnd general activtties. The investment had a total value of £124,948 at 31 st December 2025 (2024 - £130.151) of which £l1)6.492 was allocated 10 Unrestricted Funds (2024 - £110.945) and £18,436 to the Organ Renordtion Fund (2024 - £19.206). Endonent investment funds of £70.450 were held at 31. December 202512024 - £74,248). These comprised the followin[. Assistsnt Clergx Endowment Fund - £69.830 (COIF In¢¢xne Fund) Organist's Stipend Fund - £620 (E Nicolson Bequesr COIF Income Units) 17
HOLY TRINITY PARISH CHURCH KENDAL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025 Debtors 2025 2024 Grants: Natlonal Lottery Heritage Fund IKCTICKKI Development Projecil National Churches Trust INave Roof Repalrsl rkland Trust INave Roof Repairs) Llsted Places of Worship Scheme (Nave Roof Repairs) Wolfson Foundation INave Roof RepzFr51 43,885 8.19] 3.760 63.735 4,781 3.183 71,699 Glft Ald Sundry 10,382 L354 IL736 Llabllitles 2025 2024 Amounts lalllni du• wlthln on• lf. 3,753 1791 7.426 Christmas Tree Festfval Development Project Other credltor5 Independent examlner's fee 10,513 2,502 1.956 14,661 27.277 10 Funds Llnrtstrkttd [lesiated Restrfcted Endowmer*t Funds Funds Fund5 Funds 2025 8alanceat ljanuary 202$ Incomlng Resources Resourtrs expended Investment /lbs5?$1 Transfer between funds 139276 196.119 119S.0161 14.4331 249.736 1975Y 279.1611 17711 170 75305 464,317 523.713 1473,1771 19,W21 430.1 1279,0611 4,895 13.7981 IlJ)571 70.450 Balan¢eat 31 December 2025 137A33 167568 505ASi SJ4317 18
HOLY TRINITY PARISH CHURCH KENDAL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED JI DECEMBER 2025 Designated and Re5trirtÈd funds- these comprise the following balances: Kcfiooo Delivery Projert (Designated Funds) KCTIOOO Development Project Organ Renovation Major Repairs IAII Hallows Trust) Border Regiment Chapel Tower Fund Thomas Haslam Belfry Account Children and Young People Chorister Fund Anna Chaplalncy Wellbeing Café Detached Youth Work 8abylToddler Group Choir Music Fund D Shaw Memorial Fund (for music) Bibles Christma5 Tree Festival 130,( 31.727 86,636 30,115 1.245 1,090 619 5.917 3.617 2,577 1,279 798 752 603 320 273 109.624 80.452 30.115 1,245 965 619 9,811 6,679 3,917 3.LK17 563 551 520 273 597 297,568 249.736 The following funds tofalling £249,705 (2024 - £113.396) are being held co match-fund the delivery of the KCTIOOO project which is expected to get undervrny in 2027, Subject to the award of significant granr from the NLHF.. the Kcf IOLYI Delivery Project Fund,. the Organ Renovation Fund,. the Major Repairs {All Hall0v Trust) Fund: the Border Regimenc Chapel Fund; the Tower Fund,. and the Thomas Haslam Beffry Accoun¢ Fund. The balance of £31.727 on the Kcf i (x)O Development Fund (2024 - £109,624) will be spenr during 2026 a5 the Developmenc Phase of the KCT1000 projec¢ comes to an end. I I Summary 0fsets by fund Unrestricted Oesignated Funds Funds Restriaed Funds Endowment T¥1 Funds Funds 20Z5 2015 Investments 106.S12 39.289 17.9681 137.833 18.436 168.441 119.3091 167568 70.450 195,398 337.730 127,2771 S05,851 Current assets Creditois less than l year P4•t 4$1•ts 130X 70.450 19
HOLY TRINITY PARISH CHURCH KENDAL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025 12 Qulnquennlal inspertlon KPC'S last Quinquennial Inspection Review IQIR} took place in 2021. A range of priorities for fabric repair were identified On which the PCC continued tti act in 2025. The next QIR will take place in 2026. 13 Related party transactions The Kendal (Kirkland) Tru$L Kendal Parish Hall Trust and the Friends of Kendal Parish Church are Independent charities that rnise fijnds to support KPC. Some PCC members are also trustees of these charitie5. During the year KPC received a donation of £17.42312024 - £17.010) from The Kendal (Kirklandl Trust from the proceeds of car parking. A donauon of £9LYI {2024 - £1.200) vns paid by The Kendal (Kirand) Trust toward the costs of children's work The Kendal (Kirkland) Trust avrdrded further grants toralling £29.780 co KPC {2024 - £54.813)'. 3 gr4nt of £24.380 tovArd the costs of the KCTIOOO Development Projecc and a granr of £5.4(L) covrtrd the cosr of repair of the nave roof which in included in the year•end debtors. During the year KPC received donations totailing £7,5 {2024 - £7,260) from the Kendal Parish Hall Trusr and donation5 of £3.839 (2024 - £nil) from the Friends of Kendal Parish Church. 14 Future Ilabllltles There were no contingenr liabilities at the year-end and no contracts for maior works had been placed. The 2021 Quinquennial Inspec¢ion Report has shovm that maior repalrs are requlred to che fabrlc of the church over the next five years including substantial repairs to the roof of the Bellingham Chapel. and also to the tower and the Willis organ. During 2024. the NHLF awarded a Development Grant to SUPPOrt work on detailed proposals for a major restoration and rewordering project to address these issues and to develop the church to enable greater community engagement and heritage displays. Most of the work on the Development Phase was completed during 2025 and KPC is on track to submit its application to the NLHF for the Delivery Phase of the projec¢ in May 2026. 20