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2025-12-31-accounts

The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Felpham

The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Felpham

Charity number: 1133732

Trustees’ Report and Financial Statements

For the year ended December 2025

The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Felpham

Contents

Page Reference and administrative details of the Charity, it’s Trustees and advisors. 1 - 2 Trustees’ report, Rector’s report, Churchwardens’ report, Arundel and Bognor 3 - 13 Regis Deanery report, Safeguarding report. Independent Examiner’s report. 14 Statement of Financial activities. 15 Balance sheet. 16 Notes to the financial statements. 17 - 29

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The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Felpham.

Reference and Administrative Details of the Charity, its Trustees and advisers For the Year Ended 31 December 2025

Trustees and PCC members Rev John William Challis Rev Tracey Flitcroft Maureen Williams (until 2026) Geoffrey Walker (until 2026) Jeanette Fido (until 2026) Glenn Potter (co-opted) Wendy Barrett (until 2026) Joan Bull (until 2026) Yvonne Hammill (until 2026 Tina Saunders (until 2026) Margaret Treacy (until 2026) Anne French (until 2026) Peter French (until 2026) Sue Holmes (until 2026 David Lowen (until 2026) Steve Christie (until 2028) Matthew Copeland (until 2028) Jane Summerville (until 2028) Karen Senior (until 2026) Charity number: 1133732 Principal Office: St Mary’s Centre Grassmere Close Felpham West Sussex, PO22 7NU Incumbent: Revd John William Challis Churchwardens: Maureen Williams Geoffrey Walker Deputy Wardens: Russell McCarthy Matthew Copeland Treasurer: Glenn Potter PCC Secretary: Jeanette Fido Safeguarding Officer: Simmie Fellows Independent Examiner: John Fenton-Jones Deanery Synod: Margaret Treacy Joan Bull Wendy Barrett Tina Saunders Yvonne Hammill

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The Parochial Church Council of the Parish of St Mary the Virgin, Felpham

Trustees’ report

For the Year Ended 31 December 2025

The Trustees present their annual report together with the financial statements of the Charity for the period 1 January 2025 to 31 December 2025.

St Mary's Church is situated in Felpham Road, Felpham. It is part of the Diocese of Chichester within the Church of England. All correspondence should be addressed to the Rector, The Church Office, St Mary's Centre, Grasmere Close, Felpham, West Sussex. PO22 7NU.

Objectives and Activities

a. Policies and Objectives

The primary objective of St Mary's PCC is the promotion of the Gospel of our Lord Jesus Christ according to the doctrines and practices of the Church of England. The PCC has the responsibility of co-operating with the incumbent in promoting, within the ecclesiastical parish, the whole mission of the Church—pastoral, evangelistic, social, and ecumenical.

The main objectives of the PCC are:

In setting objectives and planning activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance Public benefit: running a charity (PB2) .

b. Activities Undertaken to Achieve Objectives

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The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Felpham Trustees’ Report (continued)

For the year ended 31 December 2025

Objectives and Activities (continued)

c. Main activities undertaken to further the Charity’s purposes for the public benefit

In accordance with our duties under section 17(5) of the Charities Act, we have considered the guidance provided by the Charity Commission in regard to public benefit. This public benefit is demonstrated through our activities and achievements, as detailed throughout the reports below.

St Mary’s continues to support Bishop Tufnell Primary School and maintains a strong presence on the Governing Body through foundation members and the Rector. BTPS, Downview School, and Felpham Community College joined us for Easter and Christmas services.

St Mary’s Family Hub, located on the same site as BTPS, is home to a thriving pre-school accommodating up to 25 children aged 2–5 years. Our Youth Clubs and other Church Groups now make regular use of the facility, enabling outreach to the furthest point in the village. We also host the NHS mother and baby outreach service.

St Mary’s continues to make full use of the St Mary’s Centre, offering the facility to the wider community for a broad range of activities.

d. Future Plans

We have initiated a number of new projects during the year to raise the profile of St Mary’s and place our church at the heart of the community.

We will continue to encourage participation in our wider church programme as we seek to fulfil our key mission of spreading the gospel across the parish.

Electoral Roll

As at 1 January 2026, there were 210 parishioners on the church electoral roll:

Review of the Year

The PCC met 6 times during the year. The average level of attendance was 79.4%. Committees met between PCC meetings and minutes of their deliberations were received by the full PCC and discussed where necessary. The following paragraphs summarise the work of the PCC in 2025.

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The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin,

Trustees’ Report (continued)

For the year ended 31 December 2025

Financial Review

a. Going Concern

After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.

b. Reserves Policy

It is the PCC policy to maintain a balance on unrestricted funds (if possible), which is at least twelve months’ unrestricted payments, to cover emergency situations that may arise from time to time and to support irregular cashflow. The balance of £151,257 (2024: £150,193) on unrestricted funds at the year end is in line with this policy.

c . Treasurer’s Financial Report

The total income for the year was £476,427, compared to £233,081 in 2024, being an increase of £243,346

The total expenditure for the year was £233,794, compared to £215,493 in 2024, being an increase of £18,301.

The total gain on investments for the year was £4,607, compared to £6,912 in 2024. The resultant surplus for the year was £247,240, compared to a surplus of £24,500 in 2024. Further details on specific items of income and expenditure are noted below.

Income

Total income increased in the year compared to 2024. A detailed breakdown can be seen within Notes 2 to 6.

• Total income from standing orders was £23,607, compared to £26,225 in 2024, being a decrease of £2,618.

• Donations received via the Parish Giving Scheme (PGS) were £15,558, compared to £15,134 in 2024, being an increase of £424. Giving by the PGS is a simple and secure method for donors and reduces the administration work required by the PCC.

• Because of the individual donation of £200,000 received in the year under gift aid, total donations were £359,585, compared to £80,136 in 2024, an increase of £279,449.

• Plate collections in church at Sunday services increased to £8,968 (2024: £7,417)

During the year we received legacies of £8,627, compared to £51,540 in 2024. Gift aid recoveries of £66,567 compared to £12,711 (2024)

Total of donations and legacies £368,212 compared to £131,676 in 2024 an increase of £236,536.

The St Mary’s Centre’s financial performance remained steady. The income from the Centre was £43,211, compared to £46,467 in 2024, being a decrease of £3,256.

St Mary’s Family Hub achieved a rental income of £37,288 (2024 £23,474). The PCC negotiated a rental agreement with Bishop Tufnell CofE Primary School Foundation Trust for exclusive use of the Hub. This agreement is subject to annual rent reviews and the PCC is responsible for costs attributable to occupancy.

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Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Felpham

Trustees’ Report (continued) For the year ended 31 December 2025

Expenditure

The major expenditure in 2025 was as follows:

Structure, Governance and Management

a. Constitution

The Parochial Church Council of the Ecclesiastical Parish of St. Mary The Virgin, Felpham is a registered charity, number 1133732, and is constituted under a Trust Deed

b. Methods of Appointment or Election of Trustees

The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust Deed.

c. Membership and Responsibilities

Membership of the PCC is determined under the Church Representation Rules and consists of the Rector, the Treasurer, and the PCC Secretary. The churchwardens are elected annually at the meeting for that purpose; five members of the Deanery Synod, and a set proportion of those on the Electoral Roll of the church are elected at the APCM. Members may also be co-opted. Members of the church are encouraged to stand for election to the PCC to try to ensure a balance of skills and experience where possible.

The PCC is responsible for a wide range of matters affecting the parish including compliance with health and safety, disability legislation, and safeguarding. In their capacity as trustees, members of the PCC are responsible for the stewardship of funds and for the appropriate accounting and reporting of the parish finances.

The PCC works to ensure that each member of the committee is equipped to fulfil their role. New members of the PCC are invited to discuss their role and responsibilities at the first meeting held after the APCM in each year. The PCC Secretary, Treasurer and Deputy Churchwardens are also elected at this meeting.

The Wardens, Secretary and Treasurer, where needed, attend courses run by the Diocese on their particular work. Regular mailings from the Diocese and elsewhere keep the officers up-to-date with changes in church regulations and financial procedures, and these are reported to the whole PCC where appropriate.

Simmie Fellows, as Safeguarding Officer, is responsible for ensuring that a Disclosure and Barring Service check is conducted on all those who work with children and vulnerable adults in the church. All our first aiders have attended a course run by the British Red Cross. Training is regularly reviewed. There are also a number of sub-committees which report to the PCC from time to time and are responsible for specific areas of the church’s activities.

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The Parochial Church Council of the Ecclesiastical Parish of St. Mary The Virgin, Felpham

Trustees’ Report (continued)

For the year ended 31 December 2025

d. Committees

Standing Committee

This is the only committee required by law. It has power to transact the business of the PCC between its meetings, subject to any directions given by the full PCC.

Fabric Committee

Attends to matters relating to the stewardship of plant, such as the church buildings and fabric, the churchyard, the rectory and St Mary’s Centre.

Mission & Youth Committee

Attends to matters relating to ministry of the local church to the community and the world, such as ecumenical links, evangelism and the support of mission and relief agencies, and further considers the overall strategy of children’s and youth ministry and supports those working with children and young people.

Social and Fundraising Committee

Aims to raise funds for the church and to promote fellowship and a sense of community within the parish

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St Mary’s Centre Management Committee

Works in conjunction with Arun District Council to oversee the use and management of St Mary’s Centre according to its constitution.

Risk Assessment

The PCC confirms that the major risks to which the council has been exposed have been identified by a risk analysis exercise carried out by the PCC. Risks are being reviewed so that systems and procedures may be established to manage them.

Platinum Window

The Platinum Window Committee was formed to oversee the design, installation and fundraising for the new window to commemorate the jubilee and life of our late Queen.

The activities of the committees and other organisations within the parish may be found elsewhere in the Annual Report.

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The Piro¢hiAI Church Council of the E¢¢leSlAsliul Priih of SL fvlary Tht Virgin. Felpham Trnsleej. Report l¢oniillued For the ytar ended 31 December 2025 StatemeDt ofThiited' Rttponiibilili The Trusiee$ are re5POrtsible fcf preparing the Tru￿¢¢$. Repxt •nd the finAncial Jthtemenls in accordance wilh applicable law and United Kin￿J￿ Attaffjin8 StAndaTds (Lnited Kin8d( Gen¢rAlly Ac¢ounun¥ Practice). The law applicable lo chariti¢s in F.nyiand and Wales r•4uireJ the Trt￿ceS lo prepare finan¢ial sialements for cach finon¢ial year which gi%'e a uu¢ and fair view of the slalc of affair$ of ihe Charity aiid of ils incoming re￿urceS ond applic￿lon of re￿jrcel including ils income and exp￿diture. for Ihal periixl In prep￿Ing these financiai statement& the Tnwees afe r¥Nuired to Sel(Yi suitable accounting policies and then apFA J them cl￿SIStentlY. Observe the mdhods and principles of the Charilies SORP IFRS IO•); Make jud¥menls and accounting ￿lmaleS i￿1 are reak)nable and prudent. State whether llpplicable UK A¢￿tin￿ Stsndards {FRS 102) have bem fdiowed, Subj￿1 lo any nialeri￿ departures disclosed and ex￿aIrted in the finan¢ia] stslemenis" Prepare the financial statements on ihe goiny CLYKZrn bay's unlus it 1$ inappropriate to presume Ihal the Chariry will cimtinue in business. The Trusiees are re8pon8ible fly keeping ￿equate acctyming rewd$ thai are suffiaent io show and explain the Charity s transactions and disclose re&8(xthle accuracy ai any lime ihe financial posiiion ofthe Charity and enable Ihem 10 ensure thai the finuKial stsicmenis comply wilh the C'harilies Act ?01 I, the Charity {AcC￿￿ts and Re￿)n$) Regul￿10n5 2￿8. and the provisions of the Trusi D¢¢d They are also responsible for safeguardin8 the asts ￿ th¢ Clw]'ry and he￿¢ fLY takiny reasonable slcps for the preventson detection of fTwd and th irre¥ularitie5. Approved by order of th¢ members of the IKth of Tnssttts y8ned cffl their behalf by ReN'd D William Ch411is M•ure¢n Williams Geoffrcy Walker April 2026

The Parochial Church Council of the Ecclesiastical Parish of St. Mary The Virgin, Felpham

Rector’s Report

Across our parish this year, many wonderful things have been happening. There is much to celebrate, many people who deserve thanks, and above all, to thank God for His goodness to us. I would like to offer a special thank you to both of our Church Wardens for everything they do, often working quietly behind the scenes. I shudder to think of the many hours they put in. A busy parish means busy churchwardens. Many great things are happening and I thank God for all our volunteers who share their time and talents with us. Our Treasurer, Glenn, who has faced the task of bringing our parish finances together in a manner that will enable the parish to grow, has been amazing. He deserves our heartfelt thanks. Also, John, our independent examiner, is marvellously scrupulous and really digs deep into our finances and holds us accountable. We are blessed to have them both working for us. They are both positive and constructive. To Jeanette, our PCC secretary, who has worked tirelessly behind the scenes preparing agendas and producing minutes, and helps to keep me up to date. She will often hold me accountable and prod me in the right direction. I also thank our lovely ministry team: Rev'd Tracey Flitcroft, Rev’d Brian Senior, Fr Paul Welch, Reader Karen Senior, ALM Joan Bull with support also from Fr Brian Cunningham. My thanks also goes to the pastoral team and home communion team, all who do so much to ensure support for me to be able to minister to our community. I am sorry that I am not able to thank every person individually, but that would make this report unreadably long. I do thank the choirs and James, and Andrew and his bell ringing team. Please be assured that all efforts are held in prayer, greatly appreciated, and I am grateful for all you do, and of course, to my wife Jenny for whom I thank God each day. She is a blessing behind the scenes who supports me and this parish one hundred percent.

I also say a HUGE thank you for your kind and generous giving. We have broken even again this year. Without the St Mary’s Centre and the St Mary’s Family Hub, we would not have achieved this. It is vital to pay one hundred percent of the ministry costs for Felpham. When a parish slips into debt, i.e., does not pay its parish share, the diocese keeps a record. One day, the time will come when I must move on. When the day comes, the parish should be able to say that they would like a full-time priest. If we have not paid our parish share and are in debt, the Diocese has the right to say no. So, I thank you for all that you give financially. Perhaps not just from my point of view, but for my successor and future congregations. We work hard here, and I think I would shed a tear to know that all our work for the Kingdom of God could not be carried on. So, I reiterate that the cost of living has gone up, our bills in managing the church do not reduce, and every penny that you can afford to give to St Mary’s is an amazing blessing. I would like to add one further thought. If all our parishioners today were to write in their Will that they would like just 1% of their estate to be given to the parish of St Mary’s general fund, this church would survive for many, many years to come, and any new Rectors would have a solid foundation for ministry.

Part of parish ministry is to walk alongside the dying. One gentleman, Andrew Chamberlain, sadly lost his life to cancer. I had the privilege to accompany him in this part of his journey. Sharing the faith as well as discussing life, sport, the bible and life after death…not always in that order. Andrew blessed me by becoming interested in my views on social justice and poverty. How the church, following Jesus’ example, should always be outward-looking and less introspective. Andrew blessed us both while alive and after he died. Joanne, his wife, not only chose to follow Andrew’s thoughts but doubled them! By that I mean Joanne gave St Mary’s £200,000, gift-aided. (Andrew had

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previously given £12k gift-aided). NOW, before we become too excited, this is not for us to spend on ourselves as such! This is to be used by us to aid projects that support the wider community. Two examples are to purchase an electric or hybrid minibus that Felpham organisations can use. Andrew loved buses, and this would suit him very well. Linked to that project, perhaps an electric car that could be used to take the elderly to the hospital and other medical appointments, or just shopping! Another idea is to open a café in our family Hub adjacent to the Bishop Tufnell School. The aim of this would be to create work for those struggling to find employment. Whatever we decide to do, the projects will be gifts to the community of Felpham from St Mary’s.

To close my Rector’s report, I feel I cannot trump that last point. What an amazing blessing we have been given to be custodians of this money and to bring about some good for this community. So, let me bring us back down to earth. My primary role in this community is to pray. That may not sound as exciting as zooming around in electric cars and helping people find employment, but clergy should pray and be supported by the prayers of their congregation. I value all our worship and am grateful to everyone who attends online, but especially in person. Morning and Evening Prayer is a huge energy giver to me. This is primarily because I am human and I am tasked with spiritual responsibilities; we clergy often face numerous pressures. Our prayer life is considered crucial for maintaining our personal connection with God, staying faithful, and effectively leading our community. Your prayers save me from having those feet of clay that expose my faults and cause disillusionment. The congregation is encouraged to also pray for their clergy; this strengthens our hands. A minister who is not upheld by the prayers of their church will struggle. So, let me say thank you for your prayers; I feel them. The work of ministry in leading prayer and spiritual life will always be my priority.

Reverend John

Churchwardens’ Report

St Mary’s has always striven to project itself as a friendly, welcoming church and we believe we achieve this judging from the many complements we receive. This extends not just to welcoming worshipers to our services, but to our outreach programmes and community events. We consider this our mission, and it is undertaken without any expectation of reward. We are however, from time to time, recipients of some quite generous donations and legacies, for which we are always very grateful. 2025 has been one such year and this is expressed in our financial accounts. Fr John has already written about how we can use this to raise our profile and extend our support into the community.

St Mary’s Centre continues to be a hive of activity with many regular and “one off” hirers. It has also hosted many church sponsored events and retains its place as the heart of the community. Towards the end of 2024 we lost our Caretaker and it was decided not to replace him. We also lost our cleaner and after a number of attempts to fill this roll we have contracted the work to an outside company. This is working well with limited adverse cost implications. The result of these changes is to significantly reduce our expenses and this is expressed in the financial accounts.

At the end of the year we received notice that Nikki, our Parish Administrator, would be leaving us. Nikki has been with us for many years and was well known and loved by church members and hirers. For the moment we will not be replacing her and Jane Summerville has volunteered to take on this responsibility. Thank you Jane.

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The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Felpham

Churchwardens’ Report (continued)

St Mary’s Family Hub is rented by the PCC from the Bishop Tufnell Cof E Primary School Foundation Trust. Operated along similar lines to the Centre, its main hirer is a pre-school and the NHS use it one day a week for their mother and baby outreach service. We hope that in future it will be used for more church sponsored activities.

The reduction of two paid roles in our organisation has resulted in significant cost savings. The amount of work though has not decreased. It is being undertaken by volunteers to whom we are very grateful. We must however be aware that there may come a time when we no longer have a volunteer or the work becomes too much for the available resource. At this point we will have to employ someone, which of course will come at a cost and be reflected in our overhead expenses.

The end of the year finished on a high with the installation of the Platinum window in the last days of December. We also reached our monetary target after a year of energetic fund raising led by Jane Summerville. The design of the window has surpassed all expectations and is truly an expression of great beauty. A triumph for the designer, Jan Simpson and our thanks to the committee, who spent so many hours helping to develop the design, and for the many people involved in raising funds.

There have been no repairs or building work undertaken on the church during the year. The replacement of the north facing roof of the Chancel is progressing, slowly, under the direction of the Church Commissioners and our architect. It is not urgent, we have no leaks, but we hope to have it completed in 2026.

We take every opportunity to thank Glenn, our treasurer, and will continue to do so, for without him we would not have this set of financial accounts prepared and available in such a timely manner. All through the year he prepares up to date financial statements, and by paying invoices promptly, helps us develop productive relationships with our suppliers.

We would also like to express our appreciation to our Independent Examiner, John Fenton-Jones, who continues to support Glenn in addition to his audit role.

The Choir under the direction of James Rushman had another busy year, singing at all our main scheduled and special services and putting on a number of concerts to raise funds for the Platinum window. A highlight was the Organathon undertaken by James earlier in the year, when he played continuously for twelve hours and raised over £3000 for the window fund.

The unpredictable weather this year has not made it easy for us to maintain the Churchyard but the Payback team have worked hard to keep the grass looking presentable.

We once again extend our thanks to Kirsten and Frank who work tirelessly all year round tidying, pruning and improving the Churchyard and supporting the work of the Payback team. During the year and funded by a donation, we cleared, levelled and grassed an area on the western boundary of the Churchyard to create extra space for the interment of ashes.

Since the early 1100’s St Mary’s has been at the heart of the community of Felpham and this still holds true today. Whether it’s the warm welcome we extend to people who worship with us, the many church and third party events held at St Mary’s Centre, the two village litter picks we organise each year with the support of FVCS, the thriving pre-school which we host at St Mary’s Family Hub or the recent introduction of bi-monthly public lectures held in the church, St Mary’s plays a central role in the life of our village. This was never more apparent than when we were asked at short notice to host the annual switching on of the Christmas tree lights event after bad

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The Parochial Church Council of the Ecclisiastical Parish of St Mary the Virgin, Felpham

Churchwardens’ Report (continued)

weather made it impossible to hold it in its normal location. We did not expect to have over five hundred people in the church but the school choirs sang beautifully and everyone enjoyed themselves. An added bonus was the Blakes Angel, projected on the inside of the church roof and arranged by the Blakes Cottage Trust. At the Crib service held on Christmas Eve the same angel was projected onto the outside of the chancel roof, this time accompanied by a snow making machine.

We could not function without the great many volunteers who work across all aspects of church life to provide a memorable experience for church goers and the wider community. Thank you. We must not forget that Jesus is at the centre of all we do. We thank Rev’d John for providing direction and support and displaying extraordinary amounts of energy. We thrive as a community because of him and give grateful thanks.

Maureen Whynn-Williams and Geoffrey Walker Churchwardens

Arundel and Bognor Regis Deanery Synod Report

The first meeting of the year was held here at St Mary’s where Bishop Ruth explained that 2025 was the Year of the Faith celebrating 1700 years of the Nicene Creed and 950 years of our Cathedral moving from Selsey to Chichester. A video was shown of many areas and buildings in our deanery, some of which are many centuries old.

I July the synod met at Holy Cross church, North Bersted where a financial report was given by John Stirland, and an interesting talk was given by Rev. Andy Kerr, Managing Chaplain at Ford Open Prison. He spoke of the different categories of prisons and how offenders are processed in and out of the prison service.

The Deanery Finance meeting was held in November at St Andrew’s church in Ferring attended by our new Archdeacon, Venerable Tom Carpenter. John Preston, Diocesan Secretary, gave an overview of the Growth Strategy and presented the Draft Budget for 2026. This reflected a steep reduction in the budget deficit compared to 2025 as a result of measures taken to control costs. He also indicated that

parishes would no longer be able to underpay their parish share if it was considered they had funds available to do so. St Mary’s always pays their parish share in full.

Deanery Synod Reps. Wendy Barrett, Joan Bull, Yvonne Hammill, Margaret Treacy, Tina Saunders

Safeguarding Report

I was appointed to be Safeguarding Officer for St Mary’s in July 2025 and would like to thank Joan Bull and Maureen Williams for their help in introducing this role to me.

I am supported by Pat Ashman and Tom Drennan and together we are building a strong and caring team offering support to those in our congregation who may have concerns within the church. I followed the necessary training courses and found the support from the Diocesan Safeguarding Group most helpful.

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The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Felpham

Safeguarding Report (continued)

St Mary’s Safeguarding Team have met regularly and I have attended two PCC meetings. We are planning to hold a morning gathering for the congregations from all Services to explain what “Safeguarding” means to us all within the Christian family. We are here to listen and follow concerns you may have within St Mary’s Church.

A Few Formalities

  1. I can confirm that the PCC has complied with its duty under Section 5 of the “Safeguarding and Clergy Discipline Measure 2016 Duty” to have regard to the “House of Bishops” guidance on safeguarding children and vulnerable adults.

  2. I am currently reviewing, with the team, the number of people who have been safely recruited and those who are due for renewal of their DBS checks.

  3. New promotional material concerning Safeguarding is in progress and will be completed within the coming months.

  4. We will be making a review of how the confidential records are to be kept in the parish office, to ensure that they comply with G.D.P.R.

  5. My team and I inherited an excellent practice of reviewing how we keep children and young people safe in our buildings by making regular visits to all activities. We shall be expanding this to include vulnerable adults at all church events including Sunday morning worship and refreshments, together with Tea and Chat.

  6. The team and I will be reviewing our hiring and letting procedures, and which safeguarding practices are in place for all users of our buildings when it is not a church event.

Please feel free to talk to us in Confidence; my telephone number is on the Pew sheet and at the bottom of this report. Moving forward, we would like to feel that together we will discuss and share responsibility in making our church a place of safety. Our ambition is to be recognised as a beacon of best practice which we may be able to introduce and share with other churches in the Diocese.

Pat, Tom and myself look forward to ensuring that St Mary’s continues to be a place of safety and care.

Simmie 07880 625 454

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The Parochial Church Council of the Ecclesiastic&l Parish of st Mary the Virgin, Felpham Independent ExAminer's Report to the Trustees of tbe Pr4rochiAI Church Council of the Ecclesiastical Parish of St. Mary The Virgin Felpham I report to the trnstees on my examination of the accounts of the above charity ('*he Trust-) for the year ended 3 1st December 2025. which are set oui on pages 15 - 29 Responsibilities And Basis of Report As the charity trustees of the TrusL you are responsible for the preparation of the a¢￿int$ in a¢¢ordance wkth the requirements of the Charities Act 2011 ("the A¢t-). I report in respect of rny examination of the Trusi's accounts carried out under section 145 of the 201 l Act and, in carrying Out my examination, I have followed the applicable Directions given by ihe Charity Comrnis5ion under section 145{5)(b) of the Act. Basis of Independent Examiner's Ststement I have completed my examination which was carried in accordance with the General Direction5 8iven by ihe Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presenied with those records. It also includes consideration of any unusua] items or disclosures in the accounts and seeking explanations from you as trustees conceming any such matters. The procedures undenaken do not provide all the evidence that would be required in an audiL and consequendy no opinion is given as to wh￿h¢r the accounts present a 'true and fair view, The report 15 limited to those matters set out in the statement below. Independent Examiner's Statement J have completed my examination. I confim that no material matters have come lo my attention in onneclion with my examination giving me ￿use to believe that in any material respect.. acLx)untin8 records were not kepi in accordance with section 130 of the Act. or the accounts do not aco)rd with the acc(￿nting r￿OrdS. or the accounts do not Comply with the applicable requirements Concerntng the forni and contenl of the aocounts sel out in the Charftties (Accounts and Reports) Re8ulations 2008, other than the requirement that the accounts give a'true and fair vieNV'. whtch is n<X a matter considered as part of the independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accthmts to be reached le_L. Signed CharieredAc¢uunlanl Dated.. April 2026 14

The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Felpham

Statement of Financial Activities For the year ended 31 December 2025

Note
Income from
Donations & Legacies
2
Charitable activities
3
Other operating activities
4
Investments
5
Other Income
6
Total Income
¤
Expenditure on:
Charitable Activities
7
Other Charitable Activities
8
Total Expenditure
Net Expenditure (2024
Income) before net
gains/losses on investments
Net gains on investments
Net Income(Expenditure)
Adjustment to parish share
Prior year
Net movement in funds
Reconciliation of funds
Total funds brought forward
Net movement in funds		 Unrestricted
Designated Restricted
Total
Fund
Fund
Fund
Funds
2025
2025
2025
2025
£
£
£
£
80,616
-
287,596
368,212

19,861
-
4,549
24,410

83,163
-
-
83,163

642
-
-
642

-
-
-
-

184,282
-
292,145
476,427

48,955
-
-
48,955
138,870
5,003
40,966
184,839
 Total
Funds
2024
£
131,676
29,063
72,095
159
88
233,081
62,421
153,072
187,825
5,003
40,966
233,794
 215,493
(3,543)
(5003)
251,179
242,633
4,607
-
-
4,607		 17,588
6,912
1,064
(5,003)
251,179
247,240
-
-
-
-		 24,500
18,184
1,064
(5,003)
251,179
247,240		 42,684
150,193
20,710
731,952
902,855

1,064
(5,003)
251,179
247,240
 860,171
42,684
Total funds carried forward 151,257
15,707
983,131 1,150,095
 902,855

The statement of financial activities includes all gains and losses recognised in the year. The notes on pages 17 to 29 form part of these financial statements

15

Tbe ParochiAI Church Countil of the VKcleJi$tic•l Pthrish of st hlary tht VRr8iD, FeRpba Balance Sheet As At 31 December 2023 2025 2024 ie Tangible Assetj Invesimenis li 12 730,766 736,430 136 707 87.1,137 872,OXO Current AMetJ Debiors Cash at Bank and in Hand 13 64.089 28 45214 294,719 C.red41or%:Amounts f￿11￿¥ due within one year Nrt Current Assets 14 496 278,015 29.718 Total Net Ajseti ,1.$0 095 (Ki2,855 Charity Funds Restricied Funds Designat¢d Funds Unrestricted Funds 983,131 731.952 20.710 1$0.193 2.855 151,257 1,150,095 The financial slatements were approved and authorlsed for issue by the TrU￿ee& and sign¥l Lm their behalf by R¢vd John William ChAIIis Maureen Williams Geoffre). Walker Glenn Potter 16

The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Felpham

Notes to the financial statements for the year ended 31 December 2025

Note 1 – Accounting Policies

1.1 Basis of Preparation of Financial Statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) — Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011.

The financial statements have been prepared under the historical cost convention and as a going concern.

The financial statements have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair’ view. This departure has involved following the Charities SORP (FRS 102) published on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005, which has since been withdrawn.

The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Felpham meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

1.2 Income

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received, and the amount of income receivable can be measured reliably.

The recognition of income from legacies is dependent on establishing entitlement, the probability of receipt, and the ability to estimate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exists when the charity has sufficient evidence that a gift has been left to it (through knowledge of the existence of a valid will and the death of the benefactor) and the executor is satisfied that the property in question will not be required to satisfy claims in the estate. Receipt of a legacy must be recognised when it is probable that it will be received and the fair value of the amount receivable — generally the expected cash amount to be distributed to the charity — can be reliably measured.

The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

Other income, including rental income due from the letting of St Mary’s Centre and St Mary’s Family Hub, is recognised in the period in which it is receivable.

17

The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Felpham

Notes to the financial statements for the year ended 31 December 2025

1. Accounting policies (continued)

1.3 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

Governance costs are those incurred in connection with the administration of the charity and compliance with constitutional and statutory requirements.

Charitable Expenditure includes all expenditure incurred by the charity to raise funds for its charitable purposes and includes costs of St Mary’s Centre, the Family Hub, Church Direct Activities and all fundraising activities,

Expenditure on charitable activities is incurred on directly undertaking the activities which further the charity’s objectives, as well as any associated support costs.

All expenditure is inclusive of VAT.

1.4 Interest Receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity. This is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.

1.5 Tangible Fixed Assets and Depreciation

Tangible fixed assets costing £1,000 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition are included in the measurement of cost.

At each reporting date, the charity assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined to be the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

18

The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Felpham

Notes to the financial statements for the year ended 31 December 2025

1. Accounting policies (continued

1.5 Tangible Fixed Assets and Depreciation (continued)

The Church Building:

Insofar as consecrated and benefice properties are excluded from the statutory definition of “charity” by section 10(2)(a) and (c) of the Charities Act 2011, such assets are not capitalised in the financial statements. Movable church furnishings are not included in these financial statements where there is insufficient cost information available.

Land is not depreciated. Depreciation on other assets is charged so as to allocate the cost of tangible fixed assets, less their residual value, over their estimated useful lives.

Depreciation is provided on the following bases:

Freehold property – Not depreciated Freehold property improvements – 20 years straight line Organ – 50 years straight line Church fixtures, fittings & equipment – 10–15 years straight line

Centre fixtures, fittings & equipment – 4–10 years straight line

The freehold property at St Mary’s Centre, Grassmere Close, Felpham, Bognor Regis, West Sussex PO22 7NU, is used as the Parish Office. The value represents the purchase price. In the opinion of the PCC members, the estimated residual value of the building exceeds its carrying value in the financial statements, as it is continually maintained to a high standard. There are no indications that the asset should be written down. The remaining useful life exceeds 50 years, and as such, any depreciation charge would be nil or immaterial. No Statement of Financial Activities charge therefore results.

1.6 Investments

Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost. They are subsequently measured at fair value at the balance sheet date, unless the value cannot be measured reliably, in which case they are measured at cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as “Gains/(Losses) on investments” in the Statement of Financial Activities.

1.7 Debtors

Trade and other debtors are recognised at the settlement amount. Prepayments are valued at the amount prepaid.

1.8 Cash at Bank and in Hand

Cash at bank and in hand includes cash and short‑term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Felpham

Notes to the financial statements for the year ended 31 December 2025

1. Accounting policies (continued)

1.9 Creditors and Provisions

These are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably

. Creditors and Provisions are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation.

1.10 Operating Leases

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight‑line basis over the lease term.

1.11 Pensions

The charity operates a defined contribution pension scheme, and the pension charge represents the amounts payable by the charity to the fund in respect of the year.

1.12 Fund Accounting

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income, gains, and losses are allocated to the appropriate fund.

20

The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Felpham

Notes to the financial statements for the year ended 31 December 2025

2 Income from Donations and legacies

Donations
Standing Orders
Envelopes (Gift Aided)
Other (Gift Aided)
Plate collections: -Sunday
Plate collections-Baptism
Plate collections –Funerals
Plate collections –Weddings
Donations (Non Gift Aided)
Parish Giving Scheme
PayPal Giving Fund donations
PayPal donations
Contactless giving donations
Wall safe-Church
Gift Aid Tax recoverable
Total donations
Legacies
Total		 Unrestricted
Designated Restricted
Total
Total funds
Funds
Funds
funds
funds
2025
2025
2025
2025
2024
£ £
£ £
£
23,607
-
23,607
26,225
678
-
10,612
11,290
7,508
4,001
-
213,195
217,196
-
8,968
-
8,968
7,417
326
-
326
514
138
-
138
158
153
-
153
222
1,779
-
7,837
9,616
5,852
15,558
-
15,558
15,134
1,104
-
1,104
9
240
-
240
340
3,168
-
3,168
3,351
1,654
-
1,654
695
10,615
-
55,952
66,567
12,711
71,989
-
287,596
359,585
80,136
8,627
-
8,627
51540
80,616
-
287,596
368,212
131,676

21

The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Felpham

Notes to the financial statements

For the year ended 31 December 2025

3.Income from charitable activities

Funeral fees
Wedding fees
From Fundraising
Teas and coffees
Other income
Total		 Unrestricted
Restricted
Total
Total funds
Funds
Funds
Funds
2025
2025
2025
2024
£
£
£
£
5,470
-
5,470
6,028
2,051
-
2,051
3,036
10,257
4,549
14,786
18,191
1,103
-
1,103
1,031
1,000
-
1,000
757
19,861
4,549
24,410
29,063

4.Income from other operating activities

.Income from other operating activities
St Mary’s Centre rental
St Mary’s Family Hub rental
Advertising
Total		 Unrestricted Restricted Total Total funds
funds Funds Funds
2025
2025
2025
2024
£
£
£
£
43,211
-
43,211
46,467
37,288
-
37,288
23,474
2,664
-
2,664
2,154
83,163
-
83,163
72,095

5. Investment income

. Investment income
Interest & Dividends
receivable
. Other Income
Other Income		 Unrestricted Restricted Total Total funds
Funds Funds Funds
2025
2025
2025
2024
£
£
£
£
642
-
642
159
Unrestricted Restricted Total Total funds
Funds Funds Funds
2025
2025
2025
2024
£
£
£
£

-
-
-
88

6. Other Income

22

The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Felpham

Notes to the financial statements For the year ended 31 December 2025

7. Expenditure on Charitable Activities

Costs of running St Mary’s Centre and Family Hub -All Direct operating costs

St Mary’s Centre
Maintenance of Building
Utilities
Insurance
Cleaner
Cleaning and waste
Caretaker
Total
St Mary’s Family Hub
Cleaning and Waste
Ground Maintenance
Rent Expense
Insurance
Repairs and Maintenance
Professional Fees
Utilities
Miscellaneous expenses
Total
Total- Centre & Family Hub		 Unrestricted
Restricted
Total
Total funds
funds
Funds
Funds
2025
2025
2025
2024
£
£
£
£
5,614
-
5,614
12,145
7,486
-
7,486
11,399
2,655
-
2,655
2,462
3,568
-
3,568
3,779
9,452
-
9,452
6,364
-
-
-
8,938
28,775
-
28,775
45,087
1,979
-
1,979
1,363
-
-
-
85
13,500
-
13,500
-
-
-
-
948
443
-
443
3,062
-
-
-
5,184
4,245
-
4,245
6,692
13
-
13
-
20,180
-
20.180
17,334
48,955
-
48,955
62,421

23

The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Felpham

Notes to the financial statements

For the year ended 31 December 2025

8. Analysis of expenditure on charitable activities

Analysis of costs relating to Church Direct Activities

Unrestricted Designated Restricted Total Total
funds Funds Funds
 Funds Funds
2025 2025
2025		 2025 2024
£ £
£		 £ £
Depreciation 4,430 -
1,235		 5,665 5,950
Giving to charities 2,995 -
-		 2,995
5,588
Parish share 81,445 -
-		 81,445 81,445
Parish office administrator 11,042 -
-		 11,042 12,770
Rectory utility expenses 4,877 -
-		 4,877 4,010
Youth group & junior church - -
50		 50 54
Telephone 794 -
-		 794 560
Stationery 824 -
-		 824 626
Computer software 700 -
-		 700 501
Photocopier costs 2,385 -
-		 2,385 2,157
Organist 4,976 -
-		 4,976 4,542
Flowers & equipment - -
230		 230 596
Church repairs & insurance 2,949 5,003
-		 7,952 7,189
Church expenses 11,599 -
465		 12,064 12,601
Churchyard expenses 567 -
5,085		 5,652 3,570
Church utilities 5,250 -
-		 5,250 5,725
Magazine printing 980 -
-		 980 454
Paypal & contactless giving 292 -
-		 292 294
costs
Bank charges 377 -
-		 377 462
Music 70 -
-		 70 996
Church professional fees - -
-		 - 1,224
Platinum Window - -
33,901		 33,901 -
Subscriptions 137 -
-		 137 133
Website Costs 912 -
-		 912 1,132
Fund Raising 562 -
-		 562 493
Parish Training & Mission 707 - - 707 -
Total Direct Cost 138,870 5,003 40,966 184,839 153,072

9. Staff costs

The average number of persons employed by the charity during the year was as follows:

2025 2024

Average number of employees 2 3

24

The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Felpham

Notes to the financial statements

For the year ended 31 December 2025

10.Trustees remuneration and expenses

During the year, no Trustee received any remuneration or received other benefits from an employment with the Charity (2024 £10,266)

The total amount received in donations from trustees during 2025 was £7,321 (2024 £7,102)

Note 11 – Tangible Fixed Assets

Cost
At 1 January 2025
Additions		 Centre
Freehold
Property
Freehold
Property
Improve
ments
Organ
Centre
Fixtures,
Fittings &
Equipment
Church
Fixtures,
Fittings &
Equipment
Total
£
£
£
£
£
£
650,000
4,140
61,629
13,784
46,631
776,184
–
–
–
–
At 31 December 2025 650,000
4,140
61,629
13,784
46,631
776,184
Depreciation
At 1 January 2025
Chargefor Year		 –
1,156
13,466
9,404
15,728
39,754
–
207
1,235
648
3,574
**5,664 **
At 31 December 2025 –
1,363
14,701
10,052
19,302
45,418
Net Book Value
At 31 December 2025
At 31 December 2024
650,000
2,777
46,928
3,732
27,329
730,766
650,000
2,984
48,163
4,379
30,904
736,430

12. Fixed Asset Investments

Listed Investments (£) CBF Investment Fund (£) Listed Investments (£) CBF Investment Fund (£) Total (£)
At 1 January 2025 4,176 132,531 136,707
Disposals – –
–
Revaluation 6,647 (2,040) 4,607
At 31 December 2025
10,283		 130,491 141,314

25

The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Felpham

Notes to the financial statements For the year ended 31 December 2025

13. Debtors

Due within one year

Trade debtors
Gift Aid Receivable
Other debtors
Prepayments & Accrued Income		 2025
£
322
55,204
-
8,563
64,089		 2024
£
1,275
3,821
4,409
6,846
16,351

14. Creditors

Amounts falling due within one year

Trade creditors
Other creditors
Accruals & deferred Income		 2025
£
7,914
4,857
3,933
16,704		 2024
£
5,282
7,542
2,672
15,496

26

The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Felpham

Notes to the financial statements For the year ended 31 December 2025

15. Summary of funds

Summary of funds - current year (2025)

Fund Balance Income Expenditure Transfers Gains/Losses Balance at
Category at 1 31December
January
£ £ £ £ £ £
Unrestricted 150,193 184,282 (187,825) - 4,607 151,257
Designated 20,710 (5,003) 15,707
Restricted 731,952 292,145 (40,966) 983,131
Total 902,855 476,427 (233,794) - 4,607 1,150,095
ummary of funds - prior year (2024)
Fund Balance Income Expenditure Transfers Gains/Losses Balance at
Category at 1 31December
January
£ £ £ £ £ £
Unrestricted 109,133 216,650 (200,686) - 25,096 150,193
Designated 24,906 120 (4,316) 20,710
Restricted 726,132 16,311 (10,491) 731,952
Total 860,171 233,081 (215,493) - 25,096 902,855

Summary of funds - prior year (2024)

16. Funds

The Parish holds unrestricted, designated and restricted funds. The material funds being as follows;

Unrestricted funds

General fund represents free funds of the charity which are not designated for particular purposes.

Designated funds

Fabric fund relates to funds for costs of work to church buildings.

Restricted funds

Centre - Fixed Assets relates to the freehold property held at St Mary's Centre, Grassmere Close, Felpham, Bognor Regis, West Sussex PO22 7NU, that is used as the Parish Office.

Church - Fixed Assets relates to the organ held within the church.

Chamberlain Fund: This money has been donated by Joanne Chamberlain in memory of Andrew Chamberlain to be used by the Parish for the good of Felpham in projects that might support the wider good. Should the Church find that it is unable to pay bills like a new boiler or roof, it may be possible to use part of this fund for the church, but, that decision should not be taken lightly. More details are included in the Rectors Report.

Jubilee Platinum Window is a holding fund for future costs expected in 2026.

27

The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Felpham

Notes to the financial statements

For the year ended 31 December 2025

17. Statement of Funds

Unrestricted
Funds
Designated:
Fabric Fund
Total Unrestricted
& Designated
funds
Restricted Funds:
Altar Linen
Music Fund
Youth Fund
Chamberlain Fund
Centre – Fixed
Assets
Church – Fixed
Assets
Churchyard
Flower Fund
Open Stable
Community Food
Table
Jubilee Platinum
Window
Total Restricted
Funds
Total Unrestricted
& Designated
funds
Total Funds		 Balance at
1 January
2025
Income
Expenditure Transfers
In/Out
Gains/Losse
s
Balance at 31
December
2025
£
£ £ £ £ £
150,193
184,282
(187,825
-
4,607
151,257
20,710
(5,003)
-
–
15,707
170,903
184,282
(192,828)
-
4,607
166,964
2,201
75
-
–
–
2,276
3,060
(44)
–
–
3,016
463
–
(139)
–
324
-
265,000
-
-
-
265,000
650,000
–
–
–
–
650,000
48,162
–
(1,235)
–
46,927
1,363
4,769
(5,085)
–
–
1,047
1,736
470
(562)
–
–
1,644
3,058
797
-
–
–
3,855
6,040
–
-
–
–
6,040
15,869
21,034
(33,901)
–
–
3,002
731,952
292,145
(40,966)
–
983,131
170,903
184,282
(192,828)
4,607
166,964
902,855
476,427
(233,794)
–
4,607
1,150,095

28

The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Felpham

Notes to the Financial Statements For the Year Ended 31 December 2025

18. Analysis of Net Assets Between Funds – Current Year

Description Unrestricted
Funds 2025		 Unrestricted
Funds 2025		 Designated
Funds
2025		 Designated
Funds
2025		 Restricted
Funds 2025		 Restricted
Funds 2025		 Total Funds
2025		 Total Funds
2025
£ £ £ £
Tangible Fixed
Assets		 33,838 - 696,928 730,766
Fixed Asset
Investments		 105,111 - 36,203 141,314
Current Assets 29,012 15,707 250,000 294,719
Creditors Due
Within One Year		 (16,704) - – (16,704)
Total 151,257 15,707 **983,131 ** 1,150,095
**Analysis of Net Assets Between Funds ** – Prior Year
Description Unrestricted
Funds 2024		 Designated
Funds
2024		 Restricted Funds
2024		 Total Funds 2024
£ £ £ £
TangibleFixedAssets 38,267 - 698,163 736,430
Fixed Asset Investments 103,706 - 33,000 136,706
Current Assets 23,715 20,710 789 45,214
Creditors Due Within One
Year		 (15,495) - – (15,495)
Total 150,193 20,710 731,952 902,855

29

St Mary's Senior Holiday Club 8T MAIIY'8 CMURQ FELPHA OPEN GARDEN8 ANO FLOWER FE8TIVAL 8AT 281h & 8UN 29th JUNe 1 ONJM to 4pm YA IL thut•d•y'• 14th 21., & 28ta 2.00pm - 4.OOpA Fl•w•i F••tlv•l lft Churoh Vl•lt 10¢419•rd•n• •llolTh•nt• Exhlblllon & ••1• by F•lph•m Art Gtovp In 81 hl4ry'• Conlro St Mary's Com• alw and •4￿Y aA afternoon t•a, a •oclal ¢h•t? zAlliMp quIzz•• An4 FREE ADMISSION 81 Il•ry's Churoh. St M4ry'• C•nlr• st MAry•• Tea and Chat Table Top CHILDREN'S -? ADVENT 'r, WORKSHOP ThurdAy I Ith S¢ptenther 12nd ThurdAy of tho Monthl 8t Mary'• Centre, Felphani 2pni 4p￿1 ST MARY'S CENTRe SATURDA Y 5th July SUNDAY 74 DECEfd8EP 2 30PM Sl M411• C•ri(i•. Gi4￿￿r• Ckj P022"INU rd%)￿tyc￿lIr4l•wrtIfytThU1t F4th5vwnwi th• Ehur<h amc•la orc4101243826806 Elljoy afternoon tea chat wlth frlend• Thko part In our qulil 10.00am to 12 noon FELPHAM VILLAGE House Poetry Group si M•ry'• Fdpba• LIGHTHOIISE JUNIOR YI)VTH CLUB CLEAN SATURDAY 25TH OCTOBER OW 10AM IIIT AT IT MAIIY'S CIMTAI TO eoL&I¢T YOUA PI<¥QI AI•0 IAtI AIIftISMfMIRITS •1 JIAVIO A T t f••d l• St Mdry'l C•htp• {<h¥p<h hll •w•py H•t l••d i•*v•d ér•¥•d SJSpm

sr THE vIR￿N CTruicH HARVEST SUPPER & BARN DANCE ST MARY'S CENTRE. FELPHAII SUMMER CoNCEiYr PANCAKE PARTY IiyS£.'PHJ IVI I'J.INe £CHIYJflOill EAMCf(MT SATURDAY 4th OCTOBER Dorm OPENATVM C••h B•r •Thl R•ffl• Shrove Tuesday, 4, March from 12.15pm In 1 30pm ST MARY'S CHOIR & GuESr8 11 M•rf• C•ntv• ALL WELCOMÉ IWIEfAIIA¥WRY 23RD AUGusr I SATURDAY 7.OOpM' Fh•m P0217NV FREE L￿NTHOuSE TÉÉNS YIwTri CLU8 WINTEA WARMING Soup & BREAD LUNCHES B••pd G C•¥ blOT •OWI OF IOW ALL WIICOMI ST MAIIY'S CENTRE. FELPHAM NOON TO 2PM b St M•ty'i C•wtM (¢k*¢h 11-OCT, 1$" NOV, 20-Dea IT"J•J4 VE DAY. 801., ANNIVERSARY H•t f••d •tr¥•d •pwp4 6Mp A 514ATr[ I YOMI4T OF CLilORATK>N M A Y 2 02 5 Felpham Public Lectures 4NJIFFT.7111hl CHRISTMAS DAY LUNCH Ylwryd•y ￿M￿y24 74X>p￿e?r J31V. Prol•Mor 14•M Vkk•rn 11 Jty rrsAILFR¢i IVT PLEAse¥i)QK