St Paul's PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PAUL, CAMBRIDGE (Registered Charity No. 1132965) STATEMENT OF ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025
Parochial chUh Council of the EcclesiaslKal Parish of St Paul. Cambridge Financial Statements for the year ended 31 December 2025 Aims and Purposes St Paul's Parish Church Council IPCC} has the responsibility of co-operating with the Incumbent. in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social, and ecumenical. St Paul's exists to proclaim the love of God in word and deed, in the context of its parochial church ministry in the Church of England. This is summarized best in the Anglican marks of mission (Marks of Mission). During the course of 2025, the PCC has articulated more fully St Paul's Mission and Vision and has adopted two frameworks to 5UPPOrt and enable its mission. The first is 'the Four Cs'_ four 3rea5. each with their own sub-committee chaired by a trustee, which relate to four aspects of the church's life: Congregation, Compassion, Culture and Commerce. The second is the 12 marks of a Christian life. These marks of a Christian life help each individual on their faith journey. They also help the PCC ensure the breadth and depth of the ministry of the church. St Paul's also has two operational committees: Finance and Maintenance. Below is a fuller explanation of the 4cs and how they relate to the 12 marks. The 'C of Congregation. Love the Lord your God, with all your heart, with all your soul, with all your mind and all your strength.. {Mark 12:30-31} To learn together what it mean5 to be God's people, shoped by the Christion story, in this time ond in this place. The Christian faith is not a solo religion, but one that is defined by gathering. The Greek word ecclesia Iwhich we translate as the church), means the assembly, originally the assembly of citizens of the Greek state. To be a Christian is to be called into relationship with God, and with others. The church is not defined by its buildin& but by the people who regularly gather there to worship. The Sunday gathering is, therefore, a focal point of the week. when the community in its diversity assembles around the Lord's Table: a sign of the abundant love of God poured out for us in Jesus. The Bible 15 read and the Word, is opened for us by a variety of preachers as we seek to become people who learn to discern God's word for our age. Children and young people are nurtured through Sunday groups and additional activities. Christian discipleship is fed and nurtured not just through our Sunday gathering, but through mid- week prayer groups, study groups, and active service. The whole people of God are encouraged faithfully to live out their vocations inside and outside the church in varied ways and in many contexts. Pastoral care is given and received by all members and the ministry of reconciliation, healing and prayer is offered. Ministry to those who are housebound. or who are in care homes, is also shared by J A5 developed by HeartEdge, a nelw)rk of churche5 SUPPDrted by ¥ team at St Mèrtin-in-the-Fields. Z Open. Live. Challen8e. Care. Share. Learn. SeNe. Tell. Flourish. Worship. Pray. Notice.
Paiochial Church Council of the Ecclesiastical Parish of Sl Paul, Cambridge Financial Slalemenls for the year ended 31 December 2025 the congregation. After a period of preparation, new members are welcomed through baptism and confirmation. Wedding and funeral ministry remains a core part of parish ministry. We are fortunate to have a church primary school where Christian learning is enabled. and children are involved in Christian worship. Eco Church guides our life and decisions in relation to eco care, and we seek to build on our Silver Eco Award success. The Inclusive Church Group works to ensure that we are an accessible and inclusive space for all. The 'C of Compassion 'God is love and all who live in love, live in God, and God lives in them.'11 John 4'.161 To build community through a ministry of hospitolity and Service. To chollenge injustice ond workfor reconciliotAOn. To model kingdom value5 (love, generosity, gentlene55, peace, forgiveness). At St Paul's we aim to show God's compassionate love, especially to those who for whatever reason are marginalised, vulnerable, in need, or living with poor mental health, or physical disabilities. Responding to the call of God who has a bias to the poor. we seek to embody that bias in the programmes that we run. Such a bias to the poor is not about the church being a service provider, but rather a community that recogni5es its own vulnerability and is therefore able to sit with others in theirs,. The 'C' of Culture 'In the beginning was the Word, and the Word was with God, and the Word was God. He was in the beginning with God. All things came into beinE through him, and without him not one thing came into being. What has come into being in him was life, and the life was the light of all people. The light shines in the darkness, and the darkness did not overcome it., (John I.. 1-51 To enoble creotive engagement with the Christian story though dromo. ort. music, ond other creotive media. The Christian story encompasses the whole of life, from the first act of creation to the gift of life everlasting in the new creation. Art has the potential, in all its forms, to be an expression of God's creative energy, mirrored in creation, whether it5 religious themes are explicit or not. Art at St Paul's seeks to be expansive and generative, enabling the widest range of people to encounter the story of God through the creative arts. In telling the Christian story through art, 5t Paul's aims to provide compelling moments of revelation and epiphany, as well as Speaking to the range of human emotion and experience. 'If church communitie5 could Tecognise their own Trvlnerability, ctsnceiving of Themselves as 'neighbour' rarher than 'hosi', and instead of raking a service provider posture. adopting an attitude of mutual respect. then there may be hope to rebuild the relaiionship." From.. https'.Iliogetherforthecommong¢y)d.w.ukluncateggrisedlrethinking-bias-tO-ihe-poor
Parochial Church Council of the EcclesiaslKal Parish of Sl Paul, Cambndge Financial Slalements for the year ended 31 December 2025 The 'C of Commerce 'Blessed are you, O Lord, the God of our ancestor Israel, for ever and ever. Yours, O Lord. are the greatness. the power, the glory, the victory. and the majesty,. for all that is in the heavens and on the earth 15 yours,. yours is the kingdom, O Lord, and you are exalted as head above all. Riches and honour come from you, and you rule over all. In your hand are power and might,. and it is in your hand to make great and to give strength to all., I Chronicles 29.. 10-12 To be good stewords of oll thot we hove inherited, working to ensure thot our 05set5 are used to enable thefurtheronce of God's kingdom. In the Book of Common Prayer, at the offertory, the minister is invited to say the words, 'All things come from you, ènd of your own do we give you'll Chr 10.141. In so doing we are reminded that all of Christian life 15 marked by gift and thankfulness. Christian communities can often be nervous talking about money, or about being engaged in business. There is a sense that somehow all money is corrupted. The Bible is clear that love of money is the root of many evils, and in our commercial operations we must always be alert to the temptation to make money the goal or master. At St Paul's we engage in commerce in order to be good stewards of what has been entrusted to us by the faithf ul Christians who have served God in this place before u5. And we do so in ways that reflect our Christian ethical commitments. To this end, St Paul's many rooms are hired out 6 days a week (but not on Sundays, the Christian sabbath). The money from the lettings enables the PCC to employ centre staff to manage the business and operational needs of the church. The income from lettings also enables the PCC to meet the day- to-day running costs of St Paul's and at times to subsidize the parish share. Centre staff also support the other three aspects of the church life through enabling the church to be open each day, through operational management, grant fundraising, and marketing of 5t Paul's more 8enerally. Strurture of the Organlsatlon The PCC has worked to clarify the structure of the organisation, in particular the relationship between trustees, committees and staff. Substantial work has been undertaken on policies, and this continues.
Parochial chUh Council of the Ecclesiaslical Parish of Sl Paul. Cambridge Financial Statements for the year ended 31 December 2025 Parish Church Council Coun1 Member5 snd Ch Ftywr fyoup Trustee relonShIPSt0 ministy, stsff and opèrations Au9J5t 2025 Summary of the Yearfs Activities During the course of the year the Parochial Church Council IPCCI met 6 times and also met for a PCC away day with a focus on clarifying the mission and vision, and Strategic direction of St Paul's. The members ofthe PCC are listed on page 20 of this Annual Report. The PCC has taken regard of the Charity Commission's guidance related to public beneftt and they believe the PCC'S activities are in accordance with those guidelines. Stafflministry Team In June, Revd Dr Rebecca Applin Warner was ordained as a priest and continued her rich ministry as self-sUPPOrtinE curate. During 2025 we had student5 from both Ridley Hall and Westcott House on placement with us, these were Peter Amir, Brian Crai& Harri England, Laura MacFarlane and Phillis Njuguna. We also had Anne Carter on an extended LLM placement. Students on placement with us preach, lead seThices, run courses, are active in our groups and support our community outreach. The PCC welcomed Jonathan Potts as the new Centre Manager in July 2025, followed by Emily Wright as Assistant Centre Manager Imarketingl in November. They joined the existing staff team of Emma Caroe Icommunity Development Worker) and Anna Pile (Children and Family Worker}. Sarah Collins, Joanne Koehler and Laura Swindell all moved on during the year. Community Programme One of the biggest developments of 2025 was the launch of our Fairbite Food Club, and with it community café on Monday afternoons. Following several months of consultation, the PCC formally approved the proposal in July and the project launched at the beginning of November, delivered by a
ParcLhial Church Council of the Ecclesia$lical Parish of St Paul, Cambridge Financial Slalements for the year ended 31 December 2025 large team of volunteers drawn from the previous foodbank session. church members, and foodbank users/Simple Supper guests. We averaged 12 shops a week in the last two months of 2025, although our membership list grew to nearly 40 people. Fairbite created an opportunity to get a new group of people involved and invested in a community project, people who were mostly living with multiple disadvantage. Some joined the volunteer team, including taking on leadership role5, while others started contributing significant amounts of help informally. Seeing people more regularly, rather than only at crisis point for foodbank help, enabled us to begin to build more meaningful relationships with this group. Simple Supper, rebranded as a "free community meal" attracted an increasingly diverse community over 2025. It continued to welcome people in very vulnerable situations including homelessness, addiction. and serious mental health issues- these included acute one-off visits where the team responded compassionately and signposted to further support where needed. Regular guests were of all ages and varying backgrounds and situations. Across the year, a culture of "with not forf, developed and strengthened as guests increasingly contributed to set up and clear away alongside volunteers. The year concluded with a Christmas meal, held in the church hall for the first time to accommodate 55 people, and financially supported by a local café. The Thursday Group Saw Significant development of Social activities and trips. Alongside the longstanding summer seaside trip and Christmas pantomime, 6 more local trips included Anglesey Abbey. the zoo, and tenpin bowling, attracting a total of 49 unique people (not including families and others from the congregation attending the pantomimel. After many years with us The Laundry Room Singers left for a new location, this meant we had the opportunity to develop a different Thursdav morning programme. By June a full programme of weekly social activities at 11am before lunch had been developed, attended by a core group of 6-8 people a week.. monthly walks in the Botanic Gardens continued with a new volunteer guide arriving in March, and a new member of the Thursday Group volunteered to lead crafts on a fortnightly basis. Friday Lunch Club maintained a consistent and sociable atmosphere, though sadly some illnesses, care home moves, and deaths meant we lost a few people over the course of the year. Good Friday fish and chips and Christma5 Lunch were highlights of the year both with over 50 people attending. 36 new volunteers joined over the course of 2025: 18 for Fairbite, 7 for Simple Supper, 4 for Thursday Group, 3 for Friday Lunch (including 2 lead cooks), 4 for both lunch clubs. School The PCC supports the work of our connected primary school.. St Paul's Church of England Primary School. The vicar 15 an ex-officio governor of the school and Dr Ros Thorburn (member of St Paul's) became a trustee during the year. The whole school visited St Paul's for their Easter Service, Year 6 took part in a Labyrinth Spirituality Day as part of their transition to secondary school, and we ran a meaningful spirituality day for all years in the School. Christingles were made with the whole school. with every child who wanted one able to make them and take one home. The vicar led collective worship every week in term time, with support from Anna Pile. Anna and Imogen continued to run a weekly worship club at the school, with regular attendance of 20 -25 children.
Parhla1 ChLbrch Council of the Ecclesiastical Parish of Sl Paul, Cambridge Finaneial Slalement5 for the year ended 31 December 2025 The vicar is also a trustee of the Church Schools of Cambridge ICSOCI, along with David Farrer who has served admirably as link trustee for St Paul's School for a number of years. CSOC supports Church of England schools in the city and makes grants for other churches for work in schools. It provides invaluable funds to St Paul's School. External Links The PCC has supported the church's continued participation and membership of Citizens, UK and in particular the founding of the Cambridge Chapter. The group successfully campaigned to see the retention of the Tiger Bus Pass that support5 travel for young people. This group enables the church to take part in 'transforming unjust structures of society, a key plank in Anglican mission. Finance Report Attached to this Annual Report is a summary Statement of Financial Activities for the year, a full set of accounts and the Independent Examiner's Report on these accounts. St Paul's has managed a portfolio of discrete funded projects during the year. and we extend a thank you to all ourfunders.. The National Lottery Community Fund, Cambridge City Foodbank, Church Schools of Cambridge, and the Archbishops Council. Total congregational giving increased almost 7% in 2025 which is a tremendous achievement, surpassing our target of matching our annual parish share. Although there was a small year-on-year decrease in overall Lettings income, this does not reflect current trends, and we continue to invest in and be grateful for a strong Lettings programme to support St Paul's mi55ion. A continued challenge as a congregation is to maintain the steady increase in our regular giving so that it keeps up with the inflationary increases in the cost of our parish share. Those that are able are invited to review their regular giving Isuch as by using the Parish Giving Scheme), and/or consider contributing more to the life of the church with their time. Such support will over the long run make our church less dependent on grant income lor drawing down from our finite legacy income), and more resilient in an inflationary economic environment. St Paul's is indebted to the work of the whole finance team: Giulia Kistruck Ibookkeeperl. Keith Cowlev Igift aid administrator) and David Farrer ladvisorl. Reserves The Church of England recommends that a PCC should adopt a formal reserves policy in its accounts and a broad recommendation for most charities is that they have unrestricted funds available to meet three months, future expenditure. In the light of the financial performance of the Centre in recent years, St Paul's ha5 always maintained balances well in excess of any normal reserve requirement. Our current unrestricted funds balance continues to support this posltion.
Parochial Church Council of the Ecclesiastical Parish of St Paul. Cambridge Financial Statements for the year ended 31 December 2025 STATEMENT OF FINANCIAL ACTIVITIES Unrestrlcted Funds Restrlcted Funds Total Funds Unre5tr1rted Funds Restrlcted Funds Totsi Notes Con8re8atlon Centre 2025 2025 Congregatlon Centrt 2025 2025 Congregatlon Centre Congregatlon 2024 2024 2024 Centrè Funds 2025 2024 2024 Income from Donations 28 86.514 171 8,714 17.964 113,363 18,719 140,275 5,659 6,268 93,116 502 7.584 26,930 127,630 12,172 154,707 3,551 8,070 Charitable artivitie5 2b 6.926 11.793 140,275 5,659 11.670 10,860 143,847 3,551 Other attivities Investments 2d Other 2e 6,268 8,070 Total Income 99,708 157.898 8.714 17.964 284,284 112,548 159,068 7.584 26,930 306,130 Expendlture on Raisin8 funds Charitable actlvities 3a 364 364 547 547 3b 98,857 151,796 20.680 22.804 294.137 77,602 175,255 33.220 400 286,477 Total Expendlturè 98,857 152.160 20,680 22,804 294.501 77.602 175,802 33,220 400 287.024 Net Income/lExpendlturel 851 5,738 111,9661 14,840 10,2171 34,946 116,7341 125,6361 26.530 19,106 Transfers between funds io 12.6881 13.2421 7.623 11,6931 120.4031 15.945 25,015 120,5571 Net movement In funds 11,8371 2.496 14.3431 16,5331 110,2171 14,543 17891 16211 5,973 19,106 Balances at ljanuary 141,502 26,713 21.535 19.593 209,343 126,959 27,502 22.156 13,620 190,237 8alantès at 31 Dtcernber 139,665 29,209 17.192 13.060 199.126 141,502 26,713 21.535 19.593 209,343 All amounts relate to continuing actNitie5. There were no reco8nised gains or losses other than those included above. The notes on pages 4 to 14 form part of these financial statements
P8rcthial Church Council of the Ecclesiastical Parish of Sl Paul, Cambridge Financial Slalements for the yeai ended 31 December 2025 BALANCE SHEET Total Funds 2025 Total Funds 2024 Notes Fixed Assets Tangible Fixed Assets 7,145 8.625 Current Assets Debtors Cash at bank & in hand 13.195 194,364 207,559 19.925 195,516 215,441 Creditors: amounts falllng due within one year 115,5781 114,7231 Net Current Assets 191,981 200,718 Total Net Assets 199.126 209,343 Parish Funds General Reserve Designated Funds Total Unrestricted Funds Restricted Funds io io 79,162 89.712 168,874 30.252 64,731 103.484 168.215 41.128 io Total Fund5 199,126 209,343 Approved by the Parochial Church Council and siyed on its behalf.. Chair of Trustees. Rerfd lrnogen Nay 17 April 2026 The notes on pages 4 to 14 form part of these financial staternents
Paroch1 Church Council of the Ecclesiastical Parish of St Paul, Cambridge Financial Sialements for the year ended 31 December 2025 NOTES TO THE FINANCIAL ACCOUNTS NOTE I ACCOUNTING POLICIES The principal accounting policies adopted, judgements and key Sources of estimation uncertainty in the financial statements are as follows. Basis of Accounting The financial statements have been prepared under the Charities Act 2011, Church Accounting Regulation5 2016 and in accordance with the October 2019 second edition of the Charities Statement of Recommended Practice (the Charities SORPI and Financial Reporting Standard 102 IFRS 1021 effective from l January 2019. The financial statements are drawn on the historical cost basis of accountin8 With items recognised at cost or transaction value unless otherwise stated in the relevant notelsl to the accounts. The financial statements include all transaction. assets and liabilitie5 for which the PCC is responsible in law. They do include the accounts of the church groups that owe affiliation to another body or those that are informal gatherings of church members. The PCC meets the definition of a public benefit entity under FRS 102. Going Concern There are no material uncertainties about the charit(s ability to continue and accordingly accounts have been drawn up on a going concern basis. Financial Instruments The PCC has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction values and subsequently measured at their settlement value.
Parochial chUh Council ol the Ecctesiaslical Parish of Sl Paul, Cambridge Financial Statements for the year ended 31 December 2025 Income Donations are included gross in the SOFA when the Charity is entitled to the income and has actually received the cash into its bank account and the value is thus measured reliably. Donations are treated as unrestricted unless specifically restricted by the donor. Income from grants is recognised gross when notification of approval 15 received and treated as unrestricted unless specifically restricted by the donor. Expenditure Expenditure is accrued as soon as a liability is considered probable and the amount of the obligation can be measured reliably. As the PCC is not registered for VAT, expenditure includes VAT where appropriate. Tangible Fixed Assets Consecrated and benefice property is not included in the accounts in accordance with SIO121 lal of the Charities Act 2011. This include5 Church Silverware and historic furnishing. No value is placed on movable church furnishings held by the vicar and churchwardens on special trust for the PCC and which require a faculty for disposal are considered inalienable propertv. Other fixtures and fittings: furniture and equipment costing more than £1,000, used within the church premises is depreciated on a straight-line basis over the estimated useful life of 10 years. Individual item5 costing less than £1,000 are written off when acquired. Funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of the objects of the charity. Designated funds are unrestricted funds earmarked by the trustee5 for particular purposes. Restricted funds are subject to restrictions on their Spending, imposed by the donor.
Parochial Church Council of the Ecclesiastical Parish of St Paul, Cambridge Financial Stalements for the year ended 31 December 2025 NOTE 2. INCOME UnrestrKteil Funds ConKregation Centre 2025 2025 R¢strFtted Funds Congregation Centre 2025 2025 Total Funds 2025 UnrÈstrlttèd Funds RtrIrted Funds Congregation Centre Congregation Centre 2024 2024 2024 2024 Totsl Funds 2024 2a Oonatlons & Legac$ Tax efficient planned giving Other planned giving Collettions Gift days Grants Donations, appea15 etc Legacies Gift aid recovered 44.782 10.958 2,915 10,968 6,394 51,176 10,958 2,915 10,968 2,320 17,964 20,284 39,546 9.424 3.420 7,578 7.584 47.130 9.424 3,420 7,578 26.930 4.500 16,000 12,648 7,584 26,930 127,630 26,930 4.500 16,LIXt 12,648 93,116 4.758 12.133 86,514 4.758 12.304 ,714 17,964 113,363 171 171 2b Charltable actlvltles Stattjtory fees Parish Weekend Hospltslity pro8ramme Other events 1,311 5,615 1,311 5.615 10,152 1,641 18,719 502 502 10.152 1.641 11.793 10,889 781 502 11,670 10,889 781 12,172 6,926 2c Other actlvftles Room lettings ArtsFest 140.275 140.275 143.847 143,847 10,860 154.707 10,860 10,860 143,847 140,275 140,275 2d Investments Bank Snterest 5,659 5,659 5,659 5,659 3.551 3.551 3,551 3,551 2e Other Feed-in Tariff payments 6,268 6.268 99.708 6,268 6,268 8.714 17,964 284,284 8.070 8,070 112,548 159,068 8,070 8,070 7,584 26,930 306.130 Total 157,898
Parochial Church Council of the Ecclesiastical Parish of St Paul. Cambridge Financial Statements for the year ended 31 Dmber 2025 NOTE 3. EXPENDITURE UnreMrltted Funds Congregatlon Centre 2025 2025 Re5tric*d Funds Congregatlon Centre 2025 2025 Total Funds 2025 Unrestrlcted Funds Congrtgation Centre 2024 2024 Rtstrirted Funds Con8regat4on Centre 2024 2024 Total Funds 2024 3a Ralsln8 Funds AdvertisinglPublicity 364 364 547 547 364 364 547 547 3b Charftable Adlvltles Church Artlvftles Mission giving & donations Parish Share stsff costs Clergy Expenses ArtsFesVPari5h weekend Hospitality Programme Church expenses Buildin8 maintenance Cleaning and Caretakin8 Insurance Officeladministration Bank charges Children's artivities Upkeep of setv5ce Music Computers/Equipment Other running costs Depreciation Church utility bills Hospitality 1.072 62,193 13,613 1,851 5,248 674 7,430 8,502 82.924 11.328 100.172 2,138 5.248 9,150 80 59,508 19,836 73,781 6,950 7,030 79,344 93,451 2,420 9,531 I,LX16 20,731 68,564 6,667 287 19,670 2,420 9.531 995 8.476 li 8.698 11,333 4,272 7,159 9,133 192 4.467 27,498 4.272 7.159 9.940 192 1.526 2.568 429 20,760 11,589 7,149 8.311 384 20,760 11,589 7,149 8.684 852 2,425 2.129 705 5.436 1.181 1,908 18,077 6,696 373 468 1,313 2,129 421 1,526 2,568 429 1.112 284 6,215 2,606 1,480 13.456 5,755 6.215 4.435 1,480 13.456 5.933 5,436 1,181 1,908 18,077 6,332 1,829 178 364 Major Capltal Costs Major repair5 to Church PCC Governance Costs 5,604 5,604 5LK) 286,477 287,024 900 151,796 152,160 900 20,680 22,804 294,137 20.680 22.804 294.501 500 175,255 175,802 98,857 98,857 77,602 77,602 33,620 33.620 Total
Parochial Church Council of the Ecclesiastical Parish of St Paul, Cambridge Financial Statements for the year ended 31 December 2025 NOTE 4. STAFF COSTS & REMUNERATION OF KEY MANAGEMENT PERSONNEL 2025 2024 Staff Costs Wages & Salaries 98,861 91.862 Employer's Pension Contribution 1,311 100.172 1,589 93,451 The PCC consider its key management personnel comprise the Centre Manager and Trustees. The numberof employees wa5 8 in 2025 and 7 in 2024. This number does not include Trustees who are not allowed to receive remuneration for their duties. No employee received benefits from employment {excluding employer pension contributions) of more than £60,000. NOTE 5. TANGIBLE FIXED ASSETS Fixtures & Fittings 2025 2024 Costs As at l January Additions for year As at 31 December 64.929 64,929 64,929 64.929 Depreciation As at l January Charge for year As at 31 December 56,304 1,480 57,784 54,395 1,909 56,304 Net Book Value As at 31 December 7.145 8,625
Parochial Church Council of the Ecclesiastical Parish of Sl Paul, Cambridge Financial Statements for the year ended 31 December 2025 NOTE 6. DEBTORS 2025 2024 Gift Aid Recoverable Other Debtors Prepayments 5,645 6,254 1,296 5.796 14.129 13.195 19.925 NOTE 7. CASH and CASH EQUIVALENTS Cash at Bank and in hand consisted of no-notice bank deposits at the bank and the investment company listed in Note 14 plus an imprest float held by CBR for salaries. NOTE 8. CREDITORS- Amounts falling due within one year 2025 2024 Trade Creditors Accruals & Sundry Creditors {13,2571 {2,3211 {13,0261 11,6971 115,5781 114,7231
Parochial Church Council of the E¢¢lesiaslil Parish of St Paul, Cambridge Financial Sialemenls for the year ended 31 December 2025 10 NOTE 9. ANALYSIS OF NET ASSETS BETWEEN FUNDS Tan8lble Fixèd Assets btors Cash at Bank Creditors wlthln year 2025 Total Unrestricted Funds General Congregation General Centre 6,32S 6,870 52.194 29,351 1.421 14,157 57,098 22,064 Des18nated Funds legacies Electricity Feed in Tariff Fixed assets 78.260 3,940 78.260 3,940 7,145 367 7,145 Weekend Away 367 7,145 13,195 164,112 15,578 168,874 Restrlrted Funds Child Empowerment U8anda Oivine Hope Foundation Mission 214 214 280 280 Children and Youth CSOC Worship Oub Or8an Refvrbishment Staff and Volunteers 43 43 6,828 1.643 3.500 2,S¢XI 3.988 6,828 1.643 3,5(Kl 2,5(N) 3,988 Vicar's DIsctIonary Community hrtusician Cambridge City Foodbank Cambridge City Fairbite AFA Lottery Grant Icornmunity Worker) Font 6.572 6,572 30.252 30.252 7,145 13,195 194,364 15,578 199,126
Paroehial chUh Council of the Eccle$ia$tical Parish of St Paul, Cambridge Financial Statements for the year ended 31 December 2025 11 NOTE 10. FUNDS Balance at l January 2025 Incomlng Resources Resourtes Expended Write Balance at Trander5 31 Dec 2025 Unrestrlcted Funds General Con8re8ation General Cent 46.643 18.088 64,731 83,(kfi7 157,898 240,965 171,2981 1150,6801 1221.9781 11,3141 13,2421 14.5561 57,098 22,064 79.162 De518nated Funds Le8acSes Electricity Feed In Tariff Fixed assets 88,489 6,370 8,625 4,758 6,268 113.6131 18,6981 11.4801 15.2481 129,0391 11.3741 78.260 3.940 7.145 367 Weekend Awav 5,615 16,641 103,484 11.3741 89.712 Rèstrbtted Funds Child Empowerment Ugand Divine Hope Foundation Mission 46 954 ii.owi 14301 16,0(X)I 16.6671 11,5791 12601 11,9201 33 611 214 273 280 Children and Youth 4,552 2.115 17411 CSOC Worship Club Organ RefurbishmenV8uildin8 Repairs Staff and Volunteers 2,320 248 4,696 1,468 6,765 1,930 4.684 43 495 63 6.828 1.643 3.5C¥) Vicar's Discretionary Community Musician Cèmbrid8e City Foodbank Cambridge Clty Fairbite AFA Lottery Grant Icomrnunity Worker) Font 12871 12501 I7,5Cl 19761 3,750 2.5 4,964 3.988 19,593 2,038 111,3281 12,2871 13.0001 143.4841 11.6931 249 6.572 Church Decarbonisation Grant 41.128 26,678 5,930 30,252 TOTAL RESERVES 209,343 284,284 1294,5011 199,126 l. The PCC decided to transfer the surplus of the Centre Hospitality pro8ramme from General Centre to General CongTegation Fund. In 2025 this wa5 £4,686. 2. The PCC decided that 25% of the parish share is paid for from the General Centre Fund rather than the General Con8re8ation Fund (this is shown in expenditure. not as a transferl. In 2025 this wa5 £20.731. 3. All othertransfers are mentioned in the followin8 funds list
Parochial Church Council of the Ecclesiastical Parish of St Paul, Cambridge Financial Slalements for the year ended 31 December 2025 12 DESIGNATED FUNDS LEGACY: Legacy donations are designated by the PCC for purposes to be decided. In 2025 £1,795 was transferred to the Children and Youth Fund and £421 was transferred from the CSOC Worship Club. WEEKEND AWAY.. These fund5 were to support the Churth Weekend Away. ELECTRICITY FIT: Thls fund records income from the Church's solar electricity feed-in-tsriff. In 2025 £8,698 was used to install a fiew fire alarm system. FIXED ASSETS: This desi8nated fund is set to match the value of fixed assets. RESTRICTED FLINDS CHILD EMPOWERMENT UGANDA ICHEMUI: Through donaton5 to the Kate Farrer Foundation. thi5 fund supported a small charity educating and supporting orphans in U8anda. Chemu ceased operations in 2025 and this fund has now been closed. DIVINE HOPE: Through donations to the Kate Farrer Foundion. this fund supports a small charity supporting hèalth tlinits and educatlon in Uganda MISSION.. This fund is used by St Paul's for mission & charitable 8ivin8. In 2025 a transfer of £6,IJOO was rnade from the General Congregation Fund to support Mission Blving. CHILDREN AND YOUTH.. This fund supports children and yotjth work includin8 a Children and Family Worker. In 2025 this fund received transfers of £1.795 Irom the Legacy Fund and £320 from the C50C Worship Fund. CSOC WORSHIP CLUB.. This fund is made up of three 8rants from Church Schools of Cambridge awarded and spent in 2025.. £I.000 for'our World. Our Eden, rnu5ic and theatre project at St Paul's primary sthool., £1,0 to support the children's worship club.. and £320 to support the church youth group. ORGAN: This fund holds donation5 towards rn3intenance on the Church or8an/piano when reqtiiretl. REFURBISHMENT: Retained as a fund towards bullding works whev required. In 2025 £1,920 was used for specialist duct cleaning in the lower hall kitchen. STAFF AND vOLUPEER$- To fund staff and volunteers working and volunteerin8 for St Paul's. VICAR'S DISCRETIONARY FUND IVDF).. This fvnd support donation5 to charitable causes at the Vicar's discretion. COMMUNITY MUSICIAN- Thi5 fund supports a musician who works for St Paul's with church & community events. CAMBRIDGE CITY FOODBANK.. This fund is a grant from Cambridge City Councll to support with the costs of deliverin8 tommunity meals and Foodbank programme. CAMBRIDGE CITh FAIRBITE: This funil is a partnership beeen Cambridge City Council and St Paul's to handle all income and tosts related to the Fairb*tè prograrnme which ts è sotial supermarket hosted by St Paul's. AFA LOTTERY GKANT (COMMUNITY WORKER): In 2024 St Paul's received a grant from the National Lottery Community Fund (Award5 lor All) to 5UPPOrt the new Cornmunity Worker. In 2025 £1,693 was transferred to General Centre funds as a contribution towards the parish share. FONT- Thi5 fund wa5 set up to hold fund5 donated for the previous St Paul's pulpit to be $tOred as a font. In 2025 £249 was transferred from General Congre8ation funds to this fund.
Parhla1 Church Council of the Ecclesiastical Parish of Sl Paul, Cambridge Financkql Slalements for the year ended 31 December 2025 13 DECARBONISATION GKANT.. In 2025 St Paul's wa5 awarded a £3,000 grant from the Archbi5hop5 Council through the Church Decarbonisation Grant Scheme. This was used to pay for the replacement of lights with LED lights In order to reduce St Pauls, carbon emissions. NOTE 11. Trustee Remuneration & Expenses In 2025 Rev Dr Becky Warnerwas paid a fee of £l,CKIO for the plannin8 and delivery of'our World, Our Eden, music and theatre project at St Paul's Primary School. NOTE 12. Related Party Transactions No donations from Trustees or Related Parties were provided with conditions which would, or might, require the charity to alter significantly the nature of its existing activities. NOTE 13. Independent Examination Fees In the yearto 31 December 2025, £900 was accrued forthe Independent Examination ofthe 2025 accounts by Staffords Accountants Ltd. No other assurance, tax advisory or financial services were provided and consequently, no other fees were paid.
Parochial Church Council of the Ecclesiastical Parish of Sl Paul, Cambridge Financial Statements for the year ended 31 December 2025 14 NOTE 14. ADMINSTRATIVE INFORMATION Charity Registration Number: 1132965 Registered Address: St Paul's, Hills Road, Cambridge CB2 IJP Banker CAF Bank, West Mallin& Sussex, ME19 4JQ Investment Company CCLA Investment Management, London. EC4R 3AB Independent Examiner: Staffords Accountants Ltd. Girton. Cambridge CB3 OQH Trustees: Rev Imogen Nay Ichairl Christina Barry Pete Bone Andrew Chaplin (Treasurer) Dr Jonathan Chaplin (Warden) Lucia Chaplin - resigned May 2025 Liz Diamond (Warden) - resigned May 2025 Professor Mark Elliot Helen Flynn Professor Andrew Gordon - appointed May 2025 Dr Vicky Green- appointed September 2025 ProfessorJenny Mander Professor Robert McCorquodale- resigned September 2025 Elisabeth von Rabenau Helen Robbins - resigned May 2025 Marion Saunders- appointed May 2025 Bryony Trill- resigned February 2025 Rev Dr Becky Warner- appointed June 2025 Jeremy Whitton Spriggs - appointed August 2025 Joanne Wroe - resigned May 2025
INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 TO THE PCC OF THE ECCLESIASTICAL PARISH OF ST PAUL. CAMBRIDGE This report on the accounts of the Pccforthe year ended 31 December 2025, which are set out on pages 2 to 14, is in respect of an examination carried out in accordance with the Church Accounting Regulations 2016 (the Regulations) and section 145 of the Charities Act 2011 (the Actl. RESPECTIVE RESPONSIBILITIES OF THE PCC AND THE EXAMINER As members of the PCC you are responsible for the preparation of the Accounts; you consider that the Audit requirement of the Regulations and section 144121 of the Act do not apply. It is my responsibility to issue this report on those accounts in accordance with the terms of the Regulations. BASIS OF INDEPENDENT EXAMINER'S REPORT My examination was carried out in accordance with the General Directions given by the Charity Commissioners under section 145151 Ibl of the Act and to be found in the Church Guidance, 2016 edition. The examination includes a review of the financial records kept by the PCC and a comparison of the accounts with those records. It also includes considering any unusual items or disclosures in the account5, and seeking explanations from you as members of the PCC concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently. I do not express an audit opinion on the view given in these accounts. INDEPENDENT EXAMINER'S REPORT In connection with my examination no matter has come to my attention: 111 which gives me reasonable cause to believe that in any material respects the requirements to keep accounting records in accordance with section 130 of the Act: and to prepare accounts which compare with the accounting records and to comply with the accounting requirements of the Act have not been met: or 121 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Matthew Pettifer FCA Staffords Chartered Accountants Unit I, Cambridge House Camboro Business Park Oakington Road Girton Cambridge CB3 OQH -C,-/36