Re of the Trustees and Uthaudlted Flnandal Statements for the Year Erthd 31 December 2025 for The Par(thial Church Countsl of the Ecclesiastical Parish of 5t Peter with St Owen and St James Hereford Th¢rne Widgery Accowitancy Ltd Chartered Accountants 2 Wyevale Buslne5s Park Kings AC Herefor Herefordshire HR4 7BS
The Parlxhlal Church Cwncil of the ccleslasttcal Pètish of St Peter wfth St Owen and St James Hereford Contents of the Finanoal Statements for the Year Ended 31 December 2025 Report of the Trustee5 1 to 3 Independent Examinerfs Report Statement of Flnandal ktivitiès Balance Sheet Nrte5 to the FinabK5al Statements 7 to 15 Dètalled State[Nt of FinanciaL *rtivities 16 to 17
The Parochlal Church CourKil of the Eccleslastical Parish of St Peter th St Owen and St Jame5 Heref(d of the TrusteÈs for the Year Ended 31 Oecember 2025 The tntstees present their report the financial staternents ol the charity for the year ended 31 DefflbQr 2025. The trustees have adopted the prowsEons of AccouTr)ting and Rep)rtlng by Charitie5: Statement of Recommended Practice applicable tg charities preparing their accounts in atcordance with the Financial Reporting 5tandaFd applicable In the UK and Republfc of Ireland IFRS 1021 (effective 1 January 20191. OBJECnVES AND ACTMTIES ObSeetive5 and aims The PCC ift co-yration with the Leaderthip Team ha5 resp(sibIlItY frx prc¥noting in the ecclesiastical parlsh the whole pasloral. evangelistic and ecumenical mission of the Church. The PCC is the te4al tlY constltuted to take responsibility for the overall life of the churth in the parish and in this regard li has been ImportanL that the PCC has been fully engaged In both regular review of progress and in forward-It)oking developtneTrÈ planning. Thrwhout the year the Council has work¢d with the Leadershlp Team In eUring that all asFcts of the Church's work are vIewed and talkeé thrn. Pthllc benft In drafting ihis report trustees have complied wth the duty in settb)n 4 tsf the CharitTes Act 2011 to have due regard to public benefit guidance pvbllshed by the Charfty Commission. ACHIEVEMEi¥fs AND PERFORhi4NCE Charitable actlvlties A rev5ew of charitable artitieS undertakn by the charity. Chwch attendance EIEctoral Roll nurnr returned to the Dkne5e in 2025 was 147 (Pared a flgure of 149 In the return5 for 2024. Revlew of the year In 2024, we had made the (lifficuit decision to end the SPSJ Project a year eady meaning our full time Asslate Mlntster finished towar(ts the end of 2WL4. In Febnjary 2025 our head of operation5 decided to rnove onto another Job, 105ing these two senior Mernbe of the tearn ha5 placed a huge increase In the workload of the remaining staff. To help with this we recru5te(l a part time Worship and Events C(K)rdinator in the Summer, we were deliEhted that this was our former curate Luke Aylen, and we were also pleased to welcL¥ne Alex Mynors Herbert as our part time self-supporting curate. In Octc4)er we were fjnforrned that the avallable fundlw for our work wlth the UkrafnSan community would redu by a third. this together the ongoing financlal challenges and incTea5¢5 to staff costs, lad to us making another difficult iJecisi(m to enter into a redundancy consultatlon our staff in the AutUTnn. Thls 11 place even greater prwure on our $taff for 2026. Despite these ongotng challenges. there was Still much to celebrate in Z025. starting the year with a very successful first iJkra?nian Arts Festival. This drew terforrners from acr¢)ss the UK as well a5 hundreds of pe(pie through the thor of Si Peter's. We were atsg delighted to becoTh a host venue for the Three Cholrs Festival Tn 2025. th world class performer5 and drinks recepiTons hosted in Sl Peterfs. After the succe55 of 2024. the Remembrance Sunday weend saw another Art Exhibition organi5ed by Ihe Brftish Legiofi and December Saw Lhe Launch of Man Alive in Hereford. We were also able to supptsrt the opening of a new permanent Hot F<x)d Provision for hcffieless Feople (pposite St Peterf5 Church. continuing the legacy of St Peters Square. Across the year we had an avera2e Sunday attendance of 126 adults and 19 under 16.5, this was almost identlcal to the figure fr(n 2024. We a150 saw a srnall rise in re£ular Oln. We were a150 pleased to welcorne three new people cmto the PCC for the first titne as well as a new chair and seuetary fot our Property Cornrnittee, and new rnernbers loinlnq the HR Committee. We are aware of the ongoln£ challenges for 2026: the seale of building repairs ned at St Peter's. the need to move fro environmentally friendly alIng in both churches,. phase two of the reordering of St James. and the ongo1ng fin3Ticial challenges. We èppmach these £hallenge5 grateful for those who currently setve In our church, thankful for the restrirted funds that we have in the bk, and tru5tiTrg in G 5 falthfulne5s and prowsion. Page 1
The parh1&1 Church Councll of the Ecclesiastfcal Pailsh of St Peter wfith St Owen and 5t Jame5 Hereford Re rt of the Trustees for the Year Ended 31 December 2ff25 FINANCIAL REVIEW Flnandal position The Statement of Finanaal ActSvltle5 show expenditurE for the year of £12,03712024: EIIQ,468 net expemliturel. The total reserye5 at the year end stood at £786,253 12024: £798,290). of thts £476,8C(1 (2024: £494,804} related to unresirfrteJ fun¢Js. Free unrestricted liquid reserves amwnted to £39.963 12024: £54.3771. Furt detai15 of funds £an be found In note tl the Kcounts. Investment polity and obiectfyes Investrnents are held for the Irmg-temi and the PCC continue to monitor perf0rnw on a reAuL4r basts. R•swves poli¢y It 15 the pIcY of the PCC to mainLain ffIdent reserves fc the lay-to-day runnin8 requirements. In addltlon to UnrestricLed funds. Reseryes Note to the ACcntS details the reSoUt% avaiièble.held as Re5trlcLed F(n(&. FUTURE PLIN5 Review tase 2 for the St Jatnes reordering phase 1 15 r(¥nplete. 50 kitchen avvj being more energy efficient. The ittyoveMts from the Phase 1 reorderin8 at St Jame5 have made the church a much more flexibLe spare which 15 already utilised to great effect Inclj8 the Thursday T¢xldler grp and IAes5y Church. AtteThti is now tuming to the scope and speclflcs of Phase 2 wmch is likely to eKompa55 renew1 kitchen and aking the bLbiidir4 energy effKient. Set a.5 year plan for the maintenance work needed at St Peterfs. St Prterfs buildlng, particuiaFiy the roDf. wilL requlre signrficant wprk arld concerted activity to fom)LJlate a 5 year pian to scope Secure external funding streams wlll be required. srRucfuRE, GOVERNANCE AND AiINAGEMENT Goyernlng document charity 15 controlled by its govemlng a deed of trust and constitutes an unlncoTporated charlty. Parochial Clwrch cou1 Power5 l+*a5we119561 as arrende(l and church representath?n rule5. Charfty consriturlon St Peter5 With 5t Owen aThJ. St J4me5 PCC ts run in accordan wlth the Charitie5 Act 2011. the Parocmai Churcii Council Powers Meagjre 11956) a5 arnended arvj the ChLKh RepresentatK)n Rule5. Recruttment and appoSntrnert of new tnjstees The Tntee5 are also Mernbersef the PCC and are either ex offitho.or: elected by the Aonual Par¢Khlal Church hleetirr IAPCMI in acccthn WIth.t Church Representstion Rules. or8anlsatlw4al structure Committ••s The KC q)erates throush ¥ar(ous committe4 54thich meets as rèqulred between full meetings of the PCC. This strithre was rewewed In IA)y 2018 and the commftted IOW have operated since then. Standlnq¢ommlttee This is the only PCC tommlttee rewired by Law. It has the to transact the bu51ne55 of the PCC between its meeting5, subject to any dTrertlons glven by t11. PEFERENCE AND ADMINISTRATIVE BÈg15tered Charbty number 1.133769 Pè8e 2
ThÉ Parochlal Church (ncil of the Ecclesiastical Padsh of St Peter with St {efi and St James Hereford Re ort of the TFUStees for the Year Ended 31 December 2025 Prfncipal addre$5 St Peterf5 and si ja. Parf5h Offi St Peterfs Church Hj$e St Peterfs Square ereford HR1 2PG Trustees T Brooks S Tumer R Pa5ke S Lind A Idor6an J Lltchfield A PAJiierftll J Mccall M Wamer P Harris P Sireven5 lappoTnted 11.5.251 G Loyne5 H E Dijkens S K Reynolds Ireslgned 31.10.251 E Light lappointed 11.5.251 G Taylor lappointed 11.5.251 S Light lawointed 11.5.251 L Aylen (appointed 25.7.25) A MytM)r5-Herbert [apTrnted 1.9.251 Indepwdeftt Examlner Mrs L7sa Weaver FCCA Thome Wldgery Accountancy Ltd Chartered Accountants 2 Wyevale Busirts5 Park Klnqs Acre Hereforij Herefordshlre HR4 7BS Bankers CAF Bank Ltd 25 KFn%s Hill Avenue West Malliftg ME19 4JO Approved by order of the t)ard of tnJstee5 on .... and 518ned on it5 behalf by.. A Morgan - Trustee Page 3
Inde t Exarnine¢5 Re to the Tn of The parhla1 Church Council of the Ecc(esiastical Pati5h of St Peter t Owen and St Jame5 Heref¢xd Indewdent examtmèr's report to the trustees of The Parochlal Church Councll of the Eccle5ia5tlcal Patlsh of St Peter wlth St Owen attd St James. Hereford I report to the charily trustees on rw examination of the Kcounts ol The Parc(hial Church Cowdl of thE £ccle5iaslkal Parish of 5t Peter wlth St (Men and St JarTr. Hereford It Trustl for the year ended 31 December 2025. Re5POTtsabllltles and ba51s of rewt As the thaAty tW5tees of the Trt yw are rwsfjble the preparalion of the acccwnts In accordan writh the requirements of the Charitie5 Art 2011 (the Act'i. I report in respect of my ewriination of the Tru5t'5 accounts cafried. wt under Secticffi 145 of the Art and in carwng out my exajmlnation I have fc4lowed all ar4)licable Directl$ gfven by. the Charity CothMissi under Section 14515llbl of the Aci. Independent exarnlnerf5 5tatem•rt I have cornpieted my èxaminati¢)ft. I cftrM that no ma71 matters have come to my attention In connecticffi wtth the exaJThnation giving me cause to belleve that in any maierlal respect.. ounting records We noi kept in respect of the Trust as required ty Strtion 130 of the Act,. or the accounts do not accord wlrh th¢)se recor(15' èr the accounts do nrt cornpiy with the applicabLe requ7rements coKernlng forni and contert of accounts set t in the Charitbe5 IAccaunts and RepTrrt51 Regulati othei than any requ5rement that the acccwjnts give a true and faiF eW which is not a n7atter consldered as part of an independent examlnatirffi. I have no conrn5 and have cune across other fflatter5 In connection with the examimtfon to whkh attentlon should be dravffl in thi5 reF in order to enable a proper understandfjng of the accounts to be reached. Ltsa Weaver FCCA The AsxKlation of Chartered Certtfled Accountants Tl¥)rne Widgery AC¢Ctan Ltd Chartered Accountants Z Wyevale PAJsiness Park Kings Acre Hèreford Herefordshire ge4
The Parlxhial Church CwKil of the Ecclesiastlcal Parish of St Peter swth St Owen and St Jame5 Hereford Statement of Flnanclal ktlvities f r the Year EThled 31 31.12.25 Total fijnds 3t.12.24 Total funds Unrestricted RestrKted fund5 fLmds Endowment fund Notes INCOME AND ENDOWMENTS FROM Donatlons and legactes 138,916 64,208 203,124 232,142 Charitable acbvitTe5 House Eettings 17,019 17,019 18,401 Investment 5ncome 14.734 913 15,647 22,428 Total 170,669 65.121 235.790 2n,971 EXPENDITURE ON Raising funds 13,6511 Charltable actfvitle5 H(yJse lettin95 Dther charitable artivities 14,484 141,698 14,484 232,278 6,674 375.930 90.580 Total 152,531 247.071 384,394 Net galnslllosse51 c investment5 11,077) 321 17561 955 NET INCOMEIIEXPENDrruRE) Transfers between fund5 17.061 139,0651 129,4191 39,065 321 {12,0371 1110,4681 Net movement In fur 122.OJ4} 321 112,0371 1110,4681 RECONCIUATION OF FUNDS Total fund5 brought forward 498,804 2a6,360 13,126 798,290 908,758 TOTAL FUNDS CARRIED FORWARD 476,800 296,1)J6 13,447 786,253 798,290 The notes lorm part of these flnandal statements Page5
ThE Parochfjai Church Council d the Eccle51asttcal Parish of St Peter with St Owen and 5t Jarnes Hereford Balante Sheer 31 December 2025 31.12.25 Total f4WMIs 31.1Z.24 Total Unre5trtcted Restricted ErKkiwment futsds funds fund Notes FIXED ASSErs Tangible assets 420.000 23.350 420,C¥JO 36,797 420.OCO 37,553 Investments 13,447 443,350 13,447 456.797 457,553 CURRENT ASSErs Debtors . Cash at bank and in hand 31.928 8,035 31,928 304,041 12,093 374,644 296,(#YJ 296,CQ6 335,969 386,737 CREDoR$ Arnolt$ falling due wtthin one 10 16.5131 16,5131 I46,} CURRENT ASSErs 33.450 296.1rf16 3Z9,456 340.737 TOTAL ASSEfs iE55 CURREt4T LIABILMES 476.8CO 296,c#J6 13,447 786,253 798.290 NET ASSErs 476,8Q) 296,(1)6 13.447 786.253 798,290 FUNDS . Unrestrlcted fund5 Restrirted funds Endowment fu¢5 11 476,8(JO 296,006 13,447 498,804 286,360 13,126 TOTAL FUNDS 786,253 798,290 The ' I Stat•ts We approved by the Board of Trustee5 and authori5ed for Issue on . and wefe signed oh its behalf by: ru5tee The note5 form part df the flnanaal 5tatement5 Pa8e 6
The parh18[ thurch CourKil of the Eccle5ia5tical Parish of St Peter with St Owen and St James HerefrKd Notes to the Financial StstÈments for the Year Ended 31 DKember 2025 ACCOUNnNG POLICIES Basls of preparing thp financial statements The financial statements of the charTty. which 15 a public benefit entity under FRS 102, have been PrePad In aCcOrdae with the CharitTe5 SORP IFRS 1021 'Accounting and Reporttng by ChaFitie5: Statement of RecO[nmeYed Practlce apF4icable to charities pre[n. their accounts in accordance with the Financial Reportlng Standard aFylicable In the UK and Republlc ot Iretand IFRS 1021 (effective 1 January 20191,, Financial Rew)rting Standard 102 Tr Ffnancial ReportTrng Standard appllcable In the UK and Republfc of Ireland. and the Charities Act 2011. The flnancial S(0£tS have prepared Undef the historical cost tonvention, th the exception of investments which are IluCIed at rnarket value, as modified by Ihe revaluatton of rtafin assets. Go?ng Concern The tNstees asss whether the use of going ¢oncern 15 appropriate i.e. whether there a any materlal uncertainiies related to events or wndltlons that may cast significant doubt the abi1Sly of the company to contTnuè as a gosn8 concern. The trustees make this assessmeni in iespect of a period of at least C yèar fro the date of authorisaticm for Issue of the financial statements aftd have concluded that Lhe compary has adequate resources to cont)FV in operational estenCe for the foreseeable future and therè are r¥) maierial ufi£ertalntles atmwt the charity's ability to continue as a goin4 corKern, thu5 contfnue to adopt the 80in8 Concern basis of accountlw4 in preparing the financial 5taternents. Income All income is recognised in the Statement of Financial Actiwties On the charfty has entitleyrtht to the lunds, it is probable that the itKome will rece?ved and the arnnt can be measwed reliably. Expendtture Laabllltles are recognlsed a5 expendTture a5 500n as there Is a legal or corstructive obliqatior commlttinq the charity to that extMditure, It Is probable that a transfer of economic neFits will be required in settlement and the awujnt of th¢ 0b1lgatl can be rneasured reliably. ExPeJ1tUre is accounted for rm an a£(rua15 ba515 and has been ¢lassffled urKler IadIng5 that aggregate all c05t related to category. Where costs cannot be direcuy attribtsted to partlcuiar hea(ling5 they have been allocated to acdwities on a basis consistent wlth the use of re9)Ur. Grants offered subject tts condltions whkh have not been met at the year end date are rw)ted as a commitment but Mjt accrued as expenditure. Tangible fixed assets L)eprec?ation is calculated to write off the cost of all fixed assets over Iheir estimated useful lives. The rates in we are as follows.. Freehd land Ffx•d ass•t investment5 Investments are slated at market value as at the balance sheet date. The statement of flnancial actfvfties Includes the net gain5 and 1055es arfsing on re¥aluatTon and disposals IhroJghJÈ the year. Debtors Trade and otr debtOf5 are rKognlsed at the setdement am(AJnt due. Cash at Bank Cash at bank and in hand Includes cash and short tetm highly liqvid investments Mth a sht maturity of three months tsr less from the date of openfjng of the deposit or similar account. Credlior5 Creditors and provisions are renised where the charlty ha5 a Present ob114atl resulting Irom a past eveni that 11 probably result in the transfer of fund5 to a third party aNI the dtFKJUtIt due to Settle the obligatiui can be mpa5ured or estimated reliably. Creditors and proi5ion5 are rMallY rec98ned at their settLemert amount. Page 7 conttnued...
The Parothlal Church CouTKiL of the Ecclesiastical Parish of St Peter with St and St Jame5 Hereford Notes to the Flnancial Ststement5- continued for the Year Ended 31 December 2025 ACCQUNTING POLICIES- contlnued Tw4tlon The charity is exempt frw tax (J) fts charttable actlvltle& a¢countSng unrestCted can be used Tn accordance wAth the charitable objertives Jt the OtscretfotJ of the trustee5. Restricted fund5 can only be used for particular restricted purp05e5 thIn the objects of the dwrity. Restrictlons arise when speclfled by the donor or funds a faised for partkular restricted purposes. Further explariation of the natu and pur of eath fund 15 Included In the notes to the flnancial Staternts. Hlre purchase and leasfnB commltmènts Rentals pald under operating leases are charged to the Statemènt of Financial Act(vtt5es on a strai8ht line basls over the perkn1 of the Lease. Pen5iQA C0515 and other post.retfjrement benefits chatlty opwate5 a deflned contribution pe70 5d[lle. Contributions payable to the charity5 pension scheme are dF9ed to the Statemenl of FinaKial Actiities in the perNhl to whKh t relate. INVESTM INCOME 31.12.25 31.12.24 Dep)slt account interest 15.647 RAISING FUNDS Investmer)t management costs 31.12.25 31.12.24 Cpst of ftmdratsSng actlvities 1,790 TRUSTEE9 REMUMERATX>M AND BENEfrrs There were no trustees'.remw)erndon or other lÉnefits for Ihe year end&1 31.December 20ZS nor for the year ended 31 Derember I24. Trustees. expons Durin8 thè year expenses of £3,13212024: £4,361) were re1Mr5ed to 812024: 81 ilIVIdUats. continued...
The Parothial Church Courtll of the Ecclesiastical Parish of St Peter voth St Owen and St James Ffereford Notes to the Flnancial Statements- continued for the Year Ended 31 December 2025 STAFF COSTS The average monthly number of empl(yffjes ing the year wa5 as follow5: 31.12.25 31.12.24 Staff No employee5 receive(l emoluments in excess of £60,OCrfJ. COMPARATIVES FOR THE STATEME OF FINANCIAL AcnvmES Unrestricted fld$ Restrfcted funds Endowment fund Total funds INCOME AND ENDOWMEprrs FROM Donation5 and leRacies 184.968 47,174 232,142 Charftable actlvlues House iettings 18,401 18,401 Investment income 21.655 773 22,428 Total 225,024 47,947 2n.971 EXPENDrruRE ON Raising fJ$ 559 1.790 Chthtable xtlvlttes H¢yJse lettlng5 thher charltable activities 6,674 141,9 6,674 375,930 234,030 Total 149,133 235.261 384.394 Net qalns on InveStmts 570 385 955 INCOIAEIIEXPENLYTUREI Transfers between fund5 76,461 180,8461 1187.3141 385 1110.4681 N•t moYtm•nt in fund5 4.3851 1106,4681 385 1110,468,, RECONCIUATtON OF FUNDS Total funds brtyjght forward 503,190 392,827 12,741 908,758 TOTAL FUNDS CARRIED FORWARD 498,805 286,359 13.126 798.290 Page 9 continued...
Parochlal Church Councll of the Ecclesiastical Paii5h of 5t Peter with Sl (en and St James. Hereford Notes to the Flnancial Statements- continued for the Year Ended 31 December 2025 TANfJBLE FIXED ASSErs Freehold prop COST Ai 1 January 2trL5 and 31 t)ecember W45 420.C(Q NEf BCJOK VALUE At 31 DeceMr 2025 420.(V) At 31 Decernber 2024 420.1XK) 31.12.2014 31.12.2023 Church House C105e H(w 80,OC 420,orJJ 420,1 No depreciati has bèen chargwl on the propertfes as thr useful live5 are considered by the trustee5 to be well irb ex55 Irf 1CKJ year5 and that any deprecFation charge would t Immaterfal Close Hcthe was valued In 2CKVJ at UQ,ODD by Watkins and Tknmas LLP, Estate •Its. The bullding Is leased In ?ts entlrety by a charlty.WoJl wlth pebple. The tnjstees. regard the artmty of the charity in keeplng tk OUT obiett1. . Church wa5 a150 valued fn 2(Th at £340,000 by Watkfjns and Tknrnas LLP, Estate Agent5. Church Hov5e Is the (hurch hall and hou5e5 the parlsh offlce5.The upstairs Iiall Is rented by the Ukralne Freeth)m C¢)mpany for storage of tJnated items awaltlng tran5POrt to Ukraifte and the A5SIXTation of Ukralnian5 in Great Britain rents room as an offKe. The trusiees, tEgard lettings to the Ukraine Freed¢xn Compasw and Assoctstion of Ukrainians in Great Britain a5 actfvities in keeping with our objectfves. The Trtee5 are not aware of any materlal thange5 In value5 of the prowtles. FIXED ASSEf INVESTIIElfrs Llsted Investments AlAR VALUE At * January 2025 Rwaluations 37.553 17561 At 31 Decemt*r 21)25 Nrr eooK VALUE At 31 December 2015 36.797 At 31 Decemtw 2024 37,553 There were InNEstment assets outslde the U Pake 10 continued...
The Parhla[ Church Council of the Ecclesiastical Parish of St Peter St Owen and St Jarnes Hereford Ilotes to the Financfal Statements . continued for the Year Ended 31 December 2025 FEXE) Ass INVESTMENTS- ¢(rflnued C05t or valuation at 31 DKernber 2025 is represented by: Listed Investments Valuation in 21TL5 36,797 DEBTORS: AIAOUNTS FIUNG WE WtrHIN ONE YEAR 31.12.25 31.12.24 Trade debtors Tax Prepayments and accrued Income 1.132 6,CK6 4,895 17,660 13,470 31,8 12,093 10. CREDffQRS: AMoup¥f5 FAWNG DUE w1N ONE YER 31.12.25 31.12.24 Trade creditor5 Other credltor5 3.377 3,136 43,042 2.958 6,513 Page11 contlnued...
The PaTthTal Church Cnl of the Ecclesiastical Parish of St Peter with St Owen and St James. Heref(d Notes to the Flnandal Statements - continued for the Year Ended 31 December 2025 AlOVEME1 IN FUNDS Net Transfers At 31.12.25 At 1.1.25 In fund5 funds UMe5trlc¢ed funds General fund Chureh House and Close Hwse Lettlngs 463.786 35.018 10.835 6,226 139,0651 435.556 41.244 498.804 17,061 139,0651 476,80) R¢str5cted funds St Peier's Building Fund St Jame5 Building Fund LFG Brown deteased Trust Church Wardens FLd ukrai Pfoiect Mlnlstry DelOpment FurKI Rwanda Fund Youthworker Fund sundry Other Flmds Gif.t Day Sal colle10n Hornele55ness FotUFn Chtsrih House Building Fund 17,2311 2,767 7,231 42,160 217,920 1,949 12,121 44.927 217,920 2,214 14.959 265 2,838 110,1951 IZ351 119,69ZI 14,6Z91 10.135 497 262 19,692 2,622 8.791 24Q 15,4É4J 24 24 286,360 129.4191 39.065 296,006 Endowrnent fttnd5 Expendable Ethrnt FurKI t3.126 321 13.447 TOTAL FUNDS 798,290 112,0371 786,253 P12 contlnued...
The Parhla{ Church cou1 of the Ecclesiastical PaTrsh of St Peter with St Owen and St Ja[S Here1d Note5 to the Financial Starements - contlnued for the Year Ended 31 December 2025 MOVEhlENT IN FUNDS- contlnu*d Net movement in funds, included In the aty)Ye are a5 follows: Incorning resources Resources expended Ga1Tr5 and Movement in fund5 Unrestrlcted funds General futKI Church Hottse and Close Htyjse Lettlngs 153,650 17,019 1147,7381 110,7931 11.0771 10,835 6.226 170,669 1152,5311 11.0771 17,061 Restricted funds St Peter's Building Fund St James BuildTng Fu Church Wardens F Ukraine Project Minisiry Deveicfjment Fund RwaTrda FuTrd Youthworker Fund Sundry Other F(mds Gift Day spedal collertion Chwch House Building Fund 458 9,853 265 36,162 363 265 836 4,916 11,603 (7,6891 17,¢M 17,231 Z.767 265 2,838 110,1951 12351 119,6921 14,629 6,669 24 133.324 110,5581 15(Kll 120.5Z81 (9.5451 14,9341 13761 05.121 94,5401 {29,4191 Endowment funds ExDendable El9wrne1}t Fund 321 321 TOTAL FUNDS 235,790 1247,0711 17561 112,0371 Page13 continued...
Parochlal Church Ccrt¢rKtl.of the Ecclesiastical Parlsh of St Peter St Owen St Jame5 Hereford Notes to the Flnandal Ststements - contintjed for the Year En(kd 31 December 2025 11. AlOvEMEP IN FUNDS- continued Comparatfves for movement in funds Net Transfer5 At 31.12.24 Afl.1.24 in funds funds Unstrd fund5 General fund Church House and CILxe House Lettin8S 479,9 23,29(1 64,732 11,728 {80,8461 463,786 35.018 503,190 76.460 180,8461 498,804 Restrictsd funds St Pètef's Buildlng FuThJ St James Buildirw Fund LFG Brown deceased Tru5l Church Wardens Fund Ukraine Projert Mlnistry Devdopmerrt FurKI Rwatth Fu Y(wrthworter Furnl Sundry Other Funds Gift Day spEoal collection HTrelesSrs5 Foruffl Church House Building Fd 5,051 134,917 217,920 1.077 10.939 13.843 3BI {6,1291 192,7571 1,078 42,160 217,920 1,949 12.121 8TL 1,6n 147.194 116 127,0231 116.7551 1490} 33.411 497 26,181 18,029 1,348 8,791 240 12.5211 2,622 8.791 240 11151 2,636 392,827 1187.3131 286,3fll Endowrnent fvnds Expendable Endowment Fund 12,741 385 13.116 TOTAL FUNDS 8,758 1110.4681 798,290 Page 14 continued...
ThE Paiochial Church Councll of the Ectlesia5tical Parish of St Peter with St {en and St James Hereford Notes to the Financial Statement5- cty)iinued for the Year Etided 31 December 2025 IAOVEMENT IN FUNDS- continued Cornparatlve net movement in funds, Incltyyed in the atKJYe are as follows: IKorning resources Resowce5 exr*nded Gains and losses Movement In funds UnrèstrTCted funds General fund Church House and Close Hryjse Lettpng$ 206,622 18.402 I142,4) 16.6741 570 64,T32 11,n8 225,024 1149,1341 570 76,460 Restricted funds St Peter's Building Fund St James 8ui(din8 Fund Church Wardens Fund ukrai[ Project Alinistry Development Fund anda Fund YouthwoTker Furtd SuEwJry Other Funds Church House Building F 329 188 872 40,598 1,991 1.611 1,929 429 (6,4581 192,9451 {6,1291 192,7571 8n 1,6n 147,1941 116 127.0231 116,7551 138,926} 149.1851 1,4951 128.9521 117.1841 47,947 1235.2601 1187.3131 Endowment fd5 Extendable EndowffEnt Fund 385 385 TOTAL FUNDS 27Z,971 1384,3941 955 1110,4681 12. RELATED PARTY DISCLOSURES Jring year. donatiLms of £30.911 {2024: £28,733) were made to the charity fr trurtee's. Paee15
The Parixhial Church C0j11 of the Ecclesiastical Parish of St Peter 5t Owen and St James Hereford Detsiled Ststement of Flnancial Actiwties for the Year Ended 31 December 2025 31.12.25 31.12.24 INCOMe AND ENDOWMEKrs Donatlons and legacies Envel¢pe5 and Gfft Aid Loo collettions at all servl ces Glft ald 4.n5 5.573 26,845 6,748 6,837 24,987 Donations, appeals etc Grdnts Other Tncthme 129,787 20.157 16.036 144,961 41,666 6,941 203,124 232,142 Invtstm•nt Irne Deposit account interest 15,647 22,428 Charltable Lettin8 incune 17.019 18,401 Total Incomlni resources 235.79) ZT2.971 EXPENDITURE InYwtmeTrt management costs Cost of fundraising activitie5 309 Charltablè artlvltles Wages sal security Penslons Tratnlng and welfare Telepl¥)ne . Posrage Stationffji. Subscriptions Eguipment exFnses Office runnlng rosts Bank (harges Grants to instilutior 73,243 81,29) Z,346 946 2.925 12 1,785 45 4.121 2,718 71 6,434 631 1,883 45 2.054 4,833 2,795 95,358 101,214 Swwrt costs htsna8ement Mlnlstry: DIesa Parfsh Share Clergy extnses Church nning Church maintenarte Carried for¥wdftl 70,OJO 2.863 15,912 28,490 117,265 4,504 15,482 110.f15 2CJ,101 This page doe5 not forrn part ot the statutory financial Statements Page 16
The Pamchlal Church Council of the Ecclesiastical Parish of St Peter ¥th St Owen and St Jame5 Hereford Deralled Staternent of Financial Activities for the Year Ended 31 December 2025 31.12.25 31.12.24 Maha¥ement Brought forward Church Insurance Youth and other work Churth House and Close Ce experfjes Organis¢ and rw51C Other resticted costs 117,265 10,513 2Ix),101 12,722 5,578 6,674 910 52,447 15.040 2.819 748.298 278.43? Governancè costs Auditors. rernumeration 3,106 2.958 otsl resources expended 247,071 384,394 +let expendfture 111.2811 1111.423 This page does not form part of the 5tatulory fTnancial statements