THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WALTON HOLY TRINITY, AYLESBURY Reports & Accounts Financlal Year Endlng 3Y1212025 Contents Legal & Admlnlstrattve Details Trusiee5 Report Independent Examiners Report ststw))ent of Financial ActivIe$ 5trtemert of Financial Position Note5- Accounting Policie5 Notes. Analysis of Income & Expendlture Notss- Analysi5 of Net Assets Between Funds Notes- Other Creatrl uslny ExpensePIus
Legal & Administrative Details Charity Name: THE PAROCHIAL CHURCH COUNCIL OF TrIE ECCLESIAsllcAL PARISH OF WALTON HOLY TRINfN. AYLESBVRY Charity Number.. 1133103 Company Number. WA Charty Address: Holy Trinity Church Walton Street Aylesbury HP2170X Trustees & Dlrettors: Rev Andrew Paul Johnson Amanda Henderson Andrew Mccarthy Bruce Sinclalr Cullen Christopher Graham Dalladay Guy Willimont Matthew Edward John Tomson Michael Alan Edward Fulker Laura Bragg {Appolnted 11105r20251 Penelope Jane Hurst Tlna (YHara IAppointed 11105r2025) Julle Maureen Baker (Appointed 11105t20251 Richard Edwards (Appointed 11105120251 David Andrew Hudson (Appointed 1105r2025) Bjame Bryde Thelln IAppolnted 11105r20251 Rhy5 Na5rabadl IAppoSnted 11105r20251 Graham Strachan (Resigned IU0512025) Shani France5 Bragg (Resigned 11105T2025) Jocelyn Edward Chappell (Resigned 05nv20251
Key Management Personnel.. Vicar., Rev Ar¥JrewJohnson Churchwardens.- Richard Edwards. Bjarne Thelin Treasurer. Penelope Hurst Secretary: Bruce Cullen Name & Address of Natwest Primary Banker: 22 Market Square Aylesbury Bucklnghamshlre HP20 ITR Independent Examiner: Steve Marks. Maths Accounting Services 10 Che5teffield Close stone Aylesbury HP17 8PY
Trustses Report Objects ofthe tharfty Reguhr lic worshlp opèn to all. Pastoral work, includlny vls6ting the skk ènd the bereaved. ProMrj the whde mtsslon of thè mugh tharltles In the Tovision ttf aCtitieS for5enlorot%ens. parents and toddlers and otherspeclal needs group5. Supportln9 other GK and Ove. Summary ofthe Charlty's maln attivities and achleveThnts To •Jrther the above oblatts and 510n. the charlty's maln attfvllres and achkvemts %¥ere asfollows: Èase see theAnTrual Reprt In anTh1j the adivles, tho IJu5tees have applled the guldancè on putllc nefft Issued bythè Crity CiMnrn15$10n. 5tnKture, GDvemante and Mana9emert The Parfsh of Walton H is a corporate bod esta Trini Ished Aylésbury 15 a single Church Mlnlsty. The Parochial chu Countil IFfa has o ythe Church of England. The PCC Is a regLstered Iharity111331031 wtth the Charlty Membws ofthe dc a either1xffl¢h). cwpted or erected by the Amual Parathial Ctturch MeètsNJ {). htof the Pawi5h. tt Ftnanck41 A•vl The accounts show a deficit kn the new churth fvnd due to capltal asset depredatknn, we made a cash surplus of dut to a determind effort by thg coThJwabon to fvnd raise for a new •nvlTonmentalty sustaln•ble hffi9 5yStém. des19nated lorthe headng Upade. mx £65.0fr).. was money 15 Investments Pdlcy NIA Reserves Policy The charity alms to hdd a mlnlmum uf£60.00013 months ofexpendltyrel as unrestsfjcted cath, 50 th the d)4rfty continuet operte should Ir*ome and lorÈxper¥Jlre vary adversety. Raspon41lIe5 01 Trustees undertharfty law The trustees responslble for prepawin and Vntted n9Orn Ariounfjng Stand thè Itees, annual report and the finanaal statements In accordance appllcable14w Iunlled Kn9dom GeneralJyAccepttd kcrAnbng Pracucel. thea law regul5 the tn&ees to wepare firtandal statement5foreach lfjnantlal year which Ive a and fairvlew of State of asrs of the charSty as at the balance Sheet date 8nd of ts incoming resources ano applica 'on of roswTces, includlThJ income and expenrtlre. for the 1Fn3raI year. In preparfng these financial statements, the tnistees a requlred to". l. select suttable accountir¥J poNde5 and apply thern consi5tentJy: obseNethe rnethods and princitye5 the Chariues SORP.. 3. makeludgements and estimate5 that are reasonabfe and pnJdenL' 4. state whetherthe appcable accoun9 standards have been followed, sublert to any matertal departures dlsclD5ed and expla1d In the financlal statements: and 5. prepare the financlal ststements on a going concern basts unle55 tt Is inappropriate to presume that th• chartty wlll ConnUe In Ope0. Th• trustees are lon Df the cha Accounts and Re reasonabk Steps onslblefDr keeping properaccountlng records that disc105e with reasonable accuTrcy at an and enable them to ensure that the flnBntlal statements cvrnpl the Chartt$ Art 20 time the flnandal ortsl Regvlatsons 2008. They are also rpsponslble for safeguardlThJ l and the Charity rthe preverthn and detethon ofiraud and ottw irregularftle5. assets trfthe charlty aTrl hee for tsklny
Independent Examiner5 Report rt to the trustees on m examlnaknon ofthe occouThts THe PARIXHIAL CHURCH CIJJNCIL OF THE ECCLES145llfAL PARISH OF WAfTIJN HOLY TRINITY. AdsBURY I'the chadtyl lorthe yearended 31n2r2029. Responslb115Ves and 8asis of Report the trustees of the chari Charftles Att 20111.the 201 are spOnsIble for the preparatim of the accourts In accDrdance wkh the requlrements of the ACVI. I report In respert ol my examinatlon of the charlvs accounts carrfed out under sectlon 145 of the 2011 Att and In carry our my exaMInaan I have fdlowed a11 the applicable Directions glven by the Chw4ty Commisslon un¢Jersettlon 145I511bl of the 2811 ACL Independent Examlners Quèllfication I conflrm that l am qualfied to undertake the examlnatlon because l èm a member tsf the FMAAT. which is one of the listed bodies. Ind•pendÈnt Exarnlnerfs atement I have comF4eted m ging me cause to examinatlorb. I confirm that no materlal matters have come tr my attentlon In connectlcffj the examlnatlon ellevethat In any matthal respett.. l. Iccountlng recortts were not kÈpt in ac(r*dance wlth sethon 130 of the 2011 A¢. or 2. the accourts do not accord wlth the accoun recorts. Independent mInerS Detalls Name.. Steve Marks, Marks A[(jn11n9 S•rvices Ad(tress.' 10 Chesterfield Cl Stone Aylesbury HP17 8PY Ilame Slgn•ture Date >1/+1 ZL.
ststement of Financial Activities
ct
ststement of Financial Posltion Pfiwyehr Cash I174 13&•74 37112 ?3A42 IIAEa 15SJ96 14160 17&556 IID IJE5 35923S LY46 352385 9,Z35 401J vwn*P4yab 958 105 3.ln 105 3.171 D.fjO 151287 370A40 140J93 )4D.193 352.148 $3Jg1 352.1 392J97 IU2J6 20.BM 20.894 threctors Rtsponslbllities WA $1gnature These accounts have been approved by the trv5tees. and art 5rgned 4)n thelr behatf by.. Narne Pk4(t Cknlif Slwatyre Date Ig/o/ 16
Note5- Accounting Policies 80$15 of Preparnyon These flTrandal statements have been prppared In accordance wlth the Ststement of Recommended Piadce: Accountlng and Chantie5 S10211 rtng their accounts In accordance with the Financial Reportin Stsndard applicable In the UK and Republk harftle5 SORP'I. the Flnanclal Reporfng Standard applIcaE In the Unrted Kinydom and Re ublic of Ireland I'FR5 102.1 and with the Charities Ad 2011. Thè chèrlty meets the deflnltson of ? pubuc benefft entity as set out in FAS 102. The prlnclples bdopted In the preratIon of the financlal Statements are Set out In the accourbtlng polithe5 below. The Trnstees con51der Watton. Noty Trlnlty a 901 thatthe chaty can contlnue as a golThJ corKern concem atthe date for approvlThJ the accwrts. There ¥e no materfal unCertaIne5 or the next yeor. Key & Uncerf31nde5 The charity 15 e to variou5 Wi5ks, Includln9 operntlonal. fimncial and reputatnal risks. The trustees re¥lewthe ch•tys artlvttles regulat0 iden 'fy slgnmcont rfsk5 and. Whe p0551ble. tfv tske approprtate measwes th Mgate those wi5k& FunttAcwunllng Unrestricted inc0fndS cornprlse those fvnd5 which the tru5tee5 are free to usefor any purpose ID fvrtherance of the charftab oblects. unretted fvnd5 include desi nated thnds where the trustees, atthelr dreOrn. have sèt ade resourtes for a specific purpose. Re5th"tted funds a funds whPth are to be used in accordance with 5 SPlfi( appeal. Furtherexplanatjon of the nature and purpose of each fund ific rerKbons Imposed by the donororthe temi C ntludwj ITh the n(ts5 tothe accouDfs. IKomlng Resources JI inconmng resources are recognId once thè chaiity ha5 ènldernent to the resource4 r( Is roblhatth• rurteS wil b retelved, and the monetsry value of Incomlng resources can be measured wlth sufficknt relrd . I vduntsry income from member5 of the chanty are recognised as (lonatlons ano are Induded In fiAI, ¥Ath associatéd Gfftd receivae In the Ststement of Flnanclal ACtitIes. Gra1 where enttdement b not conditlonal on thé d¢lT¥ery of specffic perforniance by the charfty are rtCll9nised when th chartty betome5 unconditioThally entltted to the grant Income resourtes from charftable tratllnq actMliÈs su¢h as the letknny ofthe building are Counted trwhen Invokes are drawn up las at the of ¢neMent}. Donated semces and laulities are included at the value to the charlty where this can be quantifrtd. Gffts In nd are accounted forat a reasonable estlmate of thelr Value to the charlty orihe amount actually rEaU5éd. • Volunteerume, the value of Yuntary supportfrf the work of the charfty. is n( incbjrjed in the accourts tyjt de5crfbed In the Trustees Annual Repo Investmert Income Is Induded in the actrts wheTr recdvable Re50urce5 Expended E¥perbditure is cOgnIsed on an Jccwal basls as a Ilablllty Is Incurred. LIabIlltS are retogAlÈd Y4here Ls more Ilke the is a l al or COrN(t1¥e obligation commlidn9 the charlty to pay out resour<es and the arrKunt of the measured w reasonable certalnty. than not that ation can be Govemance Costs Govemance costs Include tosts assoclated wlth the IndependertexaffllnaOn of the financlal slatemblts. com consLliulional and statutory ulremenrs and any otherwenditu incurred on the 5trategk management Costs are 5h¢)wn w)thln'AnatyT5 01 Expendf(UTe' nrte. lla1 the charfty. Gov•manc• Uablmty Re¢ognMon ExpendiiurE15 recognised on an accrual bals as a liabllity Is incurred. Uabillknes aré reeognled where It Is more the Is a le al or construttive obligion CcMrnttng the charlty io pay out th¢ resources and tho amunt of thÈ obl measured ah reasonable certalnty. than not that gaOn can be Tangible Fixed A558ts CorL5euated and beneficed property of ary ftd Is ¢x¢luded from the fin4nclèl ststemerts by s.10 (2llcl of the Charfde5Att 2011. No value Is placed on movable church fumishlnus hell by churchwaTlens on speclal trust for tt* PCC and whith require a facul for Q5al slnce the PCC considws this ts be Inallenable roperty. All expendlbjre Inwrred durfn and movable churth fvrnlshlngs, vthether mafntenance or Improvemwts, L4wrftt the yearon ionsecrated or ben te as ¢xptndltUTe In the SOFA and ly dlsclosed. 5epJra Assets le[1 to bè materfal am tap1ts115ed. oeprKlaOnl5 provided on iangible fixed a55ets at rate5 cakulated to wrfie off the cost
of an asset, less its Èstlmated rtsldual value. over the expected usefijl e(onomlc Ilfe of tw assel asfolknws.. • Building extensivD 25 year5 on stralght line bas15 • Mu5kal and Technkal Equlpment- 5 year5 on straight line bass Office and computer equipment- 3 years an straighl Ilne ba5 Fumlture, fixbjres and fittings- 10 years slrdlght lkne ba5 Penslo The charity operates a deflned contdbu16on scheme Set up by the vemmenL Contrlbu a¢c•nlante the ru s of the scheme. nslon scheme.The Nabonal EmptoyThenl 53¥ings Trust INe5tl is a workplace nsmjn ons are charyed to the statement of Flnanclal Actlvttles as thÈy bec0Th payafie in Owatkng Lea5e5 Rental charye5 payaNe under operatlng lease5 are chanpd on a stralght Ilne Wsovertht•n of the le&s¢. Taxatlon The chafity is •x•mpt from tax on Its tharltablE judgements 4nd W Sourc•5 of Esilmatton ThetNstee5 éo nrt ron51derthat there are &ny materlal SOue$ of ttdmatlon w uncertainty at the balanct sheet datethal could re5ufc in a material adlu5tmentto the Can9 values of a55ets and la11[e5 In the nextreportlng perfod. repofing finarKial statements certainludgements. Mat¢S and a5swnw)r have to b• m&d• that aff4¢t the amuunts recogra5ed e flnaal statemetit& Thetrusttes tonderthefoknMng to be svjnificart: In • The annual deprecktlon charge forpropeity. plant aThJ equipment 1$ 5¢te to chawe5 in the estimates for useful economK re and resldual value. These eSrnateS are reaSsed annuafy and. vthen necessary. adjusted to refftct current ciicumstsnce5. • The COnsrtIve obllgth for rants esdmate15 rtrassessed annual ble is based on an assessmt of the likety durnthn ofthe sUPPOrted aty.ThIS and fobligation is adjusted to ne(Urrent expertatIo. Invésbntnts.. Investments are valued at PUhse prf(e as the amourt is not con5id8rEd to matthal. Current assets: Amounts ownlng to the PCC at 31 Oecember In re5ptt of fet& rents orother inco are shown as debtors le55 IS)n for any arnount5thal may pmve uncoJlertabJe. shOrt-te deposlt include cash hdd on depositoitherwith CBF Clwrth of land Funds or at the bank. Cmcessionary Loans NIA
Notes . Analysis of Income & Expendlture Analysls of kncome Ojrrnnlyoai Re5trKted 235.13? fj4,822 10.17fj 135.137 Gld ?J34 2.695 èAk rntvst 61 RethltyKDm LL,30L 5.610 IIJDI $e$ Z.7fj 4.13D Prfwyear 173.8t8 35.B25 7.750 173.lUJ 35.925 7.730 Glftfv E¥Wrt ki(y 41S 2.D30 5,50 Tiathfjg A(bvitS 5J54 .695 5554 8M5 220 3.221 lld1 fnt4mt Nrte5 Notsbje Increase In IrKom• kn 2025 attrIjlab10 to legacy and fijndrdlslng hrthe heatlny upgrade projed.
Analysis of Exper4Jlture CunEntYeBr le5Cted 91.5fj0 gJQ4 051 iJ94 93.054 9.2 Ila9 2Jl8 4fr.159 207 42.318 IC774 7J06 700 22.xo iOJJ2 22,614 75.193 5taftCo¥s 75.153 3$ 6.235 aryw Rtsourco5US $5.J53 7.9lll L025 7.•10 905 517 547 1913 1971 .42 39.921 764 L046 1.?5L LBgD 14A66
3.718 4B586 GTrvtrnèDEpCll4i l.g)Q usÈd
Notes- Analysis of Net Assets Between Funds Currwlyear unwstrktld rotsi 1&16D 3¥.3e5 105 173.550 351235 LCO3 6.B50 958 ToTalA$46(aSSers Llabliiie51 IfjI.ZB7 pthv LVYestrKt4rt 7&081 .038 L928 CyfwN55et5 •.029 392.397 1243 85.110 401, 3.ln 40D.093
Notes. Other Volurteers The charity benefits 9reatJy from the volurta about volUnteertIlllonS In t organtsay Contribuon$ oftime and money. Pthe relerto the trustees, rewrt frJrfurtheritall Indeyndent Examination Fees Fees payable toth? Independent ex4mknertrlndepend&tt examlnatlon we. £497.50 Ifte payab in thè PriDr year £488.00). Staff Costs The totsl staff costs 4nd toYee berth fvrthe reportlnkperlod are anatyse(l a5 follow5: Gr wa s and salartes.. £72.438, EMeYerS Nl costs £nll. Employers Pension costs £2001.1 Emtyo ers Penslon costs £1,2071. The avera or yeor. Gr05s wayes and 5alanes.' £47, 97. Employevs Nl costs £nn. e number of emplo the p r yearas 61. No emplDyeE5 recdusalarfes at a rate ees the earwa5 5. ryhe average numberof ernployees more than £60.1oo per Key Man4ement eofin The key rnanagemertper50Md are ltstel at the Irontolthe ttcounts. None ofthe key mèna9ement penal are empkbyees ofthe charlty. Trustee Remurrntiori Dytfjng the year trustees recew MmetIon IprTtiryear.' no tru5tee5 CeiVed reelan]. The<ler9y recdved a stend but af• not r•mufteftted tr thelr seFvke on PCC a5 a twstee. Durin9 the year trustees Incurred IYJtf ockÈt expenses l rforyear.. no trustees IncuThed rMjt.POcket exper1. PJI exper85 were IKurred for the day4frUay runnln9 of e (harty's a Tn&tt Donauor Durfn the year. the donation5 dE to the Char by the tru5tee5 were underthe same condmons asdonatkth made by membet¥ ol rinty who 4re not trustees. Tanglble Flx•d Assets CDmpufoi&Crfke Equiwment Fixluie$ 6 Fitbn9S Leèseh¢lJ T$&1+¢hrl(11 Ellulpmt Total pmrts IstJanu 2025 2.316 21599 939.826 9318 975,600 1131st Docoffir?0?S 2.316 21J99 939.826 97S.660 7.512 2.360 561.175 37,821 598.996 3.718 1.524 5.242 574,314 42.lu 616.4X TOt•sai 1151 DlbrI015 9.972 As*315tPK4Yft4r20 AJ4t31itL)KertqrkOt4 4119 6,200 Ag.917 JN151 DEScnptiQ
Crethtors A(ccoJnts Pwb Amtsunt Fh•n(eLeaseibllM4S T•x&SoLi11S•tw L.063 Oe5fDPIIOfj alysis of Ch4rltable Funds Cwtyttyear Unie<iEtpd 83.191 83.191 321.9DL 235.545 235.545 .29.154 Qg.154 393 14031> 321JOi Sp FYwisIDO9ThIty0 YOT +103 +iOJ94 1•.5DD 2•M4 83.191 23S.54S Re&irictod 392.307 40.ISg 352.140 7.5D6 7.5e6 670 724 +19.96D 419.760 1.63a 370.440 40Tr.Q93 483.2 50 046 4.032 S31.Tr7 prtorY&Y (]ptIiMI9 In( EXYe _ Unrp5EFKtpd 64.160 6¢,16D 54.160 235.1 235.420 235,428 2k6.254 216,254 .142 83.1 83.1 TOT -142 Newchwch 1ThPro1& 4YI.2Zg 39.922 392.307 7.5B6 1,504 5A51 +M2 IRe¢Jktadl 441.319 5.031 46399 +142 400.3 +142 TOTAL 4$3285 Fund Trdrtsfws De51nPtson Grftdaypkd9e5from tyr91¥In• Grf¢Ahl Gfftdaypkd91sfrom iwkrgiving ththJdlryG1 Gfftdaypwtsfvcm rryhr9lvlng knthJdlngGWt Ghldayp85ftom T4uf4rlvln9 TD Grn9v9er G*IngYaunWr GlYIrffj
OE$( GHt¢4ypled4E5fromre9ulèr91¥in9incluJlng Giftpthl GthdJyp1edwfrumrqyur9bV9lUdIY GWElJd GrftdaypdgtsfrDmrepularisth9SnOudlng GfftdaYF4dp5frDrnr9wr9phTrdUO1n9G1IAll T• Grothn9Yow9er T¥lThJY¢wwJ¢r Genwal GenÈrdl Its80 U8D General Genèr31 Gqn&Tal UaD G1Yr GtntTrl Ggnwal General Gnl cn9YrWT GINr•YrT u80 GfftdayrthJg4sfrthrewl&ryhknglrdudlnyGfcOJd Smth I1wra1dmauOky5EN Dbforthe Fiyp FrtiTru5t.SENJuFwt G•nw41 ernl Specyrt Prfg(ts LIO ?5D Gwetal GEr1 SP PEts 5peth Pwletts Speth Pmlects t•hufVr0Spe(hpfv S&P6T¢ 260 5peth poets rs u Noon LrfKyYnf24 Fund DeKrfptlons PLnd Genai ILtrftxrtL1 Gwér¥Fund HT N•(Thurt* Puldiw MOWCt4knd fvp¥imwito Thurwj Company Stsius WaEton, Holy Trfnty is a Church of England chw(h Teglstered the Charfty Commlsslon and opÈrètes ès a charhy. The Church of Enghnd operates as a Coate charItae bDdy, and the Parochlal Churth Coundl IPCCI (Iwalton. HotyThr4ty managos Its own finonc6al affairs and assets. Wabn. Holy Trtntty comF41es wlth GIftAJd whlch allow them to clakn back dDnakns made to the clwrth. Trnnsathons to Related Parties There were no tsansacbons related Pa¢5 durfng lh• accountlng perlod. Prior Period Adjusthièni There wère no prtoryear adjusbnènts. Pensions The ch&rlty operntes a ddned contrlbuban scheme set up by the emmenL Contrfbu accordance with the FU e5 01 the scheme. nsion xrne. The National Emp ons are charyed to the Sktement ent Savlng5 Tnjst INestl1s a wortglace pension Flnanclal Actlvwes as they borne payable In