REGISTERED CHARITY NUMBER: IJ3384(1 REPORT OF TIIP. I'RUSTEES AND F4AUDITI D FIf4ANCtAL TATEMF.N'fs F R THE YEAR ENDF.D 31 DECEMBER 21125 FOR THE PAROCJIIAL CHURCH CO CIL Of ECCLESIASTICAL PARISH nF ST ILES WEST BIUDGFORD
THE PAROCHIAL CH BRIDC.FORD H COUNCILoifTHE EC IASTICAL PARtSH OF LES WEST CONTENTS OF THE FINAN IAL STA TEM FOR THE YEAR ENDED 31 DECEMBER 21 Page Rqxirt of the Twstees I lo3 Indepffld¢ntExaminees Report Siat¢meTht of FinancAa] A¢¢ivities BalaD¢e Sheet Notes IL) tbe Financial Stat£nts 7t014
THE PAROCHIAL CHURCH COUNCIL OP THE ECCLESIASTICAL PARISH OF ST CILES WEST BRIDGFORD REPORT OF THE TRUSTEES FOR THK YEAR ENDED 31 DECEMBER2O25 The tn]st¢es present their rcport with Ehe fmancia] statements of the tharity for the year ended 31 DeLber 2025. Th¢ trustees have ad(Ipi(xl the provisions of th¢ Ststement i)f Rccommended Proclice {SORP)'A¢countin8 and Rerting by Charities, I prepartng the annual rq)011 and financial statements of the charity. The financial sw¢ment5have been prepared in ¢ordancewitb the ucts)untin8 policies set out inthen0t to the aceoun and mPlY wilh the charity's gov¢rnin8 documen4 thc Chariti&s Act 2011 and Accountlllg and liew)rting by Charities: Statement of Recommended Pwtice applicable to chariti¢s preparing their account in acCordCe with the Financial Rcporting Stand4rd applirable in ihe UK and Republic of Ire]Id publish4yJ in October 2019. REFERENCE AND ADMINISTRA TIVE DETAILS Reglstered thgrity number 1133840 Prfnelpal addrtss The Rectory 86 Bridgford Road West Bridgford Nottingham Nottin8hamshire NG2 6AY Trustees R¢v J SeaE(Jume Rev G Bak¢r Rev C SeAbourne A Ferraro J Hill Iresi8ned i ith May 2025) L Bolt cl.ane H Walters Dor¢¢n Ottway E Prentlce S Whcaton J Langheld J Ayres E Battwm L Boli B Clarke Incumbettt CuTa¢e Asw¢iat¢ Minister Church Warden Church Warden Church Warden PCC TFtasurer PCC Secretary Dcancr>' Synod Representative Deanery Synod Representstive Deantry Synud Rerye5entative Dio¢es&n Synod R¢presentytive Lgy Member Lay MemiKr Lay Mcmir Lay Member Lay ernr Lay M¢mir Lay M¢Tnlr Lay Member Lay M¢mFr Lay Memkr Lay Memixr Lay Member Lay M¢mtr*r D Dunford B Hayrnan C Hutchings {resi8ned iith May 2025) S Poon P Rhodcs K Ri>okc C Sprakes (appointed i ith Ma>. 20251 C Voce {resi8ned I l May 2025) Imdepen41ent Ex4miner K Mealand FCCA Lemans 29 Ar)relUM Strett Nottingham NottiDghamshir¢ NGI 4JA BaDkers TSB plc West BridgfoTd Nottingham
THTr. PAROCHIAL CHURCH COUNCJL BRIDCFORD F THE ECCLESIASTICAL PARISH OF ST GILES WEST REPORT OF TRE TRUSTEES FOR THE YEAR Ef+iDED 31 DE LMBER 2025 STRUCTURE. GOVERNANCE AND MANAGEMENT Goverlllng docuweDt The PCC operat¢s under the PCC Powers M¢41sure11956) as amendeil and Church Representation Rules. Recrthitmet ond appointmellt of new tru5tres The mdhod of appointm¢nt ofpcc members is set out in the Church Representation Rule5. All ChurclL allertdees are ¢nc()UTaged lo re8jSter on the Elector Ktsll and stand for el¢ction to the PCC. Rlsk The Tn)stee5 have aduty to identify and review therisks to which the charity is exposed and to ensure #rOpriateC0tr0lS are in piaG¢ tr) provide re&wnabl¢ &ssurallre agin5t fraud and error. OWECTIVES AND ACTIVITIES ObJ¢¢tfves aims The principal aim of the ooanisation is to promots the whole mission of the Chvrch in the ecclesi&sticai parish of W¢5t Bridgford. Slgnlfieant Httfviti¢s Signifjcant activities ofthe organisation include.. Rc8ular public worship open to all. The provision of sacred space for prayer and contemplation. rea¢hing Christianity throush 5ermonb, cnurses and 5mll groups. The provision of childr¢J) and youth work with a Christian Ethos promotin£ Christianity through the 5tagillg of ¢v¢Th¢s and meetings. PromotiDg an inrlusive mi5510tt thyiwgh the provision of adivities to 811 groups rq)rCllt in th¢ parish. Supporting other charities in the UK and overseas. ACHIEVEMENTS AP4D PERFORMANCE The tnain achievements of the or8ani5ation 4re'. Continuationofthe Work that the¢hurch perform5 Ivith chFldrenaftdyoung peoplethrough ¢hecontinud funding of a CIldren wid Familie5 Work¢r and a Youth Worker during 2025. Continuing to caler for ihe senior member5 of ihe congregatiOII. Ongoing pastoral care cY)ntinues to be deliv¢rd ihrough a t&im linkin8 parishioners to thc clergy. Upholding the tradition at S¢ fjiles of PErlomin8 music to a hiBh standard and ¢nwiraging the tslcnts of individu81s. Providin8 fman¢ial and PPdCtiLal supp(wL to our Mission Partners. FINAP4CIAL REVIEW In 2025, St Giles reiVed gr(>ss income of £341,590, which wa5 an inCr&e of £52.977 on the amount received in 2024 1£288.613)- The majority of this income com¢s throu8h planrted gii'ing from th¢ Si Gile5 farnily, service colleInS, one- off don2tions, church hall lelting, and fees received for p¢rtorniing weildings and fvnernls. Dottations to th¢ ¢hurch and 8ssociated tsx reclaims in 2025 w¢r¢approxirnat¢ly £34,000 above ihose in the PT¢viousy¢ar. StGiles has also ree¢iv¢d £35.WO during 2025 in relation to a 8rant from the Dioces¢ and Southivell and Noltingham'5 Youth and Childrell's Fund. to furthcradvance children's 8nd famili¢s' ministry. This hasgllowed an additional rtull tiTnestaff mcmberto be employed from December 2024, a5 well as fur1her inve5tm¢nt itt th¢ technology ulili8ed and a¢tiViiies perfornKd in this ministry. A further £15.IK)O is expected to b¢ received from thi8 fund in 2026, following which th¢ costs of this provision a expected to b¢ fully fr()m rc8ular and sustainable funding sireams. CIA¢ letting income from the tjietwo cotta8e5 adjarent the ehureh grou1 which are owned by the Dioccse of Southwell and Nottingham on behalf of st Gil rluced during ih¢ year as a result ord ri{J of vJ¢ant tenancy whilst refurbishmtnts I)k plae& Total ¢xpenditwe in 2025 inm5¢d by £59.700 from the pr¢vious y¢ar's alnount lo £336,108. giving a net surp1$ for th¢ year of £5.482 1?024.. £12,205 surplus). The gTowlh in expenditure reflects the investment in C1Jildren's and Young People ministry as not¢d abov¢- wiiage refurbishment costs: the purthasc of new equipment for the worship baDd Sl Giles (Ivhibh had been all0¢ed bv the pce. from the prior }'ear surplus). incre&%ed level of dvna1lor made to other charities supw>rted by the ¢hurth- and an incre&8e contributions to ihe wider Diocese in the forn of parish share payments.
OCHIAL CHURCH COUNCIL OF THK PARISH OF ST GILES WL%r REPORT OVTHE TRUSTEES FOR THI YKAR K ED 31 DECEMB 1025 Th¢reserv05 PQSitloJ at theeLO ofth¢yeBrremains alldthe Pct wiu (¥ntiLU¢to llivest lninwo tothe ¢hwth buildings dfacilitieS 2s apptefj)riat4 WknllstwlDts fiJDds ID ]itie with thc tteerye6poli¢y. To Ibis ¢Ddlhe proJ1bI tywillbe IwnGhtd ill • 2026. Rewv¢B poM¢y It isthr charity'8pd) thatthePari8h Rr5m shwldbe jIntain¢d to covtt appI¢9t¢ty3 nthS ofnthE eothsndbE ¢entIO enAble fuhn d6v¢knpm¥rt wikn th8ndalrwtrBints. PUBLIC BENEFIT TheTntshaWelOut1td tOth•guidapOb11sbYth¢ iTharityComtJisgiononpub]i¢benefftWlirnYi¢W1n thr charity's uiD)s •nd obje¢tiv¢B iti plBllDiDg a¢tivitigs. Tr T[uSt5 adivdy womot¢ th¢ Cknreb attd MUnIty asNwable. ON BEHALF OF THE •BO . Dat¢. 181031
INDEPENDENT EXAMINER'S REPORT TO THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST GII.ES WEST BRIDGFORD I rerM)rt lo the charity tnistees on my exgmination of th¢ gcLM)uS of the charity for the year ended 31 D¢¢ember 2025, which are set out on pages five to lourteen. Responslbilitits and bss15 of rert Asthecharity'5 trusi¢esyou arer¢5p)nsible forthepreraIlOn ofthe akxounts in ac¢ordance with the Jwuirements of the Chariti¢5 ACÈ 2011 {'the A¢t'}. I rewrt in r¢5P¢Ct of my examination of th¢ charity's actounts carried out under seGtion 145 of the Act and in wryitxg out rny cxamination I have followed all the applicable Dircthtons 8iveA by the Charity Commisston undEr section 145(5)(b) of the Act. Independent examSn¢T'S St*t¢MeDt I have Completed my examination. l ¢xmfJnn that no mat¢rial mleT5 have come to my attention in ¢oThne¢tion th the examination givin8 me caus¢ to b¢lieve that in any material respect.. accounting rethrds were not k¢pt in rcspcGt of th¢ chaTity as required by Section 130 of the Aci; or the accounts do not ac¢ord wilh those re¢ords' or the a¢counts do not comply with the applicablE Tequircments con¢ernhng thr forni gnd content of accounts se¢ out in the Charities (Accounts and RepoTts) Rc8ulatioThs 2008 otherthan any qUIrernentthutthe &counts sive a'tTueand fairview, whidj is not a matter considered part of an indepwdmt examination. I have no ¢on¢ems and hav¢ tome across no other mattcr5 in ¢ODncctiOrt with the examination to which attentlOTh should be draw in this report in ord¢r to enable a F(op¢r understanding of the accounts to be reathd. K Mealand FCCA Lemans 29 ArIretuM Street Nottingham NGI 4JA Date: 23 M
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST GILLS WEST BRIDGFORD STATEMENT OF FINANCIAL ACTIvIfiES FOR TIIE YD AR ENDED 31 DECEMBER 2025 Notes Unrestricted Designsted RestrlTt¢d FUd$ Funds Fund$ Tot 2025 Total 2024 INCOME AND ENDOWMENTS VROM Dottations Legacies Charitable Activitie$ Investments Oth¢r In¢om¢ Tot4l 251,160 31,935 295 20,700 35.1 2,51X> 274,360 6&935 295 240.329 47,955 329 283J90 55,700 1500 341J90 288.61J EXPENDITURE ON Diocesan Parish Share Staff Costs Charitsblc Donations Cottage Costs Ha]1 Cleaning & Run]]ittg Costs Clergy Expenses Chur¢h Running Costs Chur¢h alld Yard Maintenance Juniorlyouth Church Senior Activities Admffti8traiive Costg Mi81]ne0uS expenses Depreciation 133,500 46,330 20,002 15,732 9,704 2.320 40.026 9.766 3.285 133,500 75,570 20.IM)2 15,732 9,704 2,320 40,026 14,166 3.285 129,612 53,436 13.019 160 29,240 8,099 2,61XI 34.659 19,745 945 4,400 7,271 12,032 7.271 14,532 7,428 4,072 1633 2.51K) Total exptndltsre 299.968 33,640 336.108 276408 NET INCOMEI(LXFENDATURE} (J6578) 22,060 5.482 112115 TRANSFERS BETWEEN FUNDS NET MOVEMEf4T IN FUNDS (16J78) 22.060 SA82 J4205 RECOIYCILIATION OF FUNDS Fun(Ls brought foTh¥ard 50.539 51,053 2,532 104,124 91,919 Total funds carried fonvard 33.961 73,113 2.532 109,606 104.124
IUAL OF cc STJ AwsH o FO Note6 VDrrttrleled D•ted Rpjtyltted Fvn Funth Funds Totsl 20 Totsl 2024 FIXKD KSSETS T0thbIt w¢ts CURRENT ASSETS D¢btWs: ajnouttts falliD8 duc within one 22,159 22,159 19.470 Investrn•its io 6,8T2 Ca5bat bhttk 52.034 66291 2,532 12Q857 92296 LIABILITI CrJiton: wnowits fallitt8doe withytt olle (4232) 140,2321 (14.1691 ET CURRENT ASSETS 33961 73,iU 2J32 109,606 104.124 TOTAL ASSETS LESS CUBJENT LIABILITIFS 33J61 73.113 2J32 104,124 NET ASSETS 33J61 73.J 109ffi06 IW24 TiyfALFUI4DS 33.961 73J13 1532 10gM6 104124 The fiDan¢1 state4nents wereapprov¢41 by theBoaTd of Trustees on i* aL)16 ano were si%t on itsbBhaif by: J Seakne-lfft(JunbcuÈ
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST GILES WEST BRIDGFORD NOTES TO TIIL INANCLIL STATEMENTS FOR THE YEAR ENDED JI DECEMBER 21125 . ACCOUNTING POLICIES The PCC constitutes a publi¢ b¢J¢fit entity as defjned by FRSIO2. The accounts haye been prepared in accordance with Accountillg and Reporting by Charities: Statement of Rmmended Prnctitt opplieAble to ¢hariti¢5 praring their awvunls in accordance with the Financial RertLg Standard applicable in the UK and Republic of Ir¢land Issued itt Ociober 2U19, the Financial Reporting Sthn(tsrd applicable in the Unit¢d Kingdom and Republic of Ireland {I.'RS102). the Charities Act2011 andappllb1C rtgulation& the Church AGcountin8 {Am¢ndment} R4ul#tions 21X)6 and UK Generally A¢gepted Practice. The finan¢ial statements have been prepad to givc a 'trne and fair, view and have d¢partei1 from the Charities (Acwunts and REports) Re8ulatiODS 21J)8 only to the exlent requir to provide a'true 8t fair view,. This depwrture hos involved following the Accounting and RepDrting by ChaTi¢ies: Slatement of Re¢ommendd Practice appli¢ableto ¢hariiics prcparing their accounts in aceordanie with the Financial ReportiDg 8tandard p[l¢bIe in th¢ UK and Republic of Ir¢land ibbuul in October 2059 rather than thc Accounting and RqrtIng by Charities: Statement of Recumrnended Practice etTective fTOm l April 2005 whi¢h ha5 since been withdrawD. The signifi&t a¢nting [)11¢]¢$ opplied in the preparation of these fiEwicial 5ts1em¢n15 are set out below. These p)licies have been ¢onsi5tenily applied to all years presented unless oth¢Thryse stated. Th¢ fmancial 51atementshavebeen prepared on agoin8 c<mcem bgsis Underthehistorij cost convention. The fUe1a1 statcments ar¢ presented in st¢rling which is the fi]nctional ¢urtYncy of th¢ tharity and rounded to tlie nearest p)und. The fingncial sia¢emeTht5 inblude all trank9ciion% a55ets and liabilitics for whtch the PCC is r¢spon5ible in law. They do include the aewunls of chur¢h groups that owe theirmain #ffiliation to another body nor tbose that inforn)al gatherittgs of church m¢mbers. The trustees ¢onsider lh there are no maieriwl Unctainli¢S gboul the Charity's ability to ¢on¢inue 85 a gDin8 concern. The accounts itL¢lude 811 traftsaciions, assets and liabilitie5 for which the PCC is res]x)nsible in law. Th¢y do noi include the 8¢¢OUAts of church 8roups thai owe their main affiliati<m to another tody or thos¢ that are irtfammj 8atherin8s of church tnembers. resourees Planned givingi coll&ions and similordonation5 are rosAls¢d when received. Tax r¢funds art re£o8nised when the incomins resourceto which thev relate is received. Grants and1¢8acie5 are accounted for wh¢n thePCC is ¢ntitled to the use of th¢ resources, their ultimate Le1pt 15 considered reaSOAably certain and the amounts due are reliably quattiifiable. Interest is a¢oiunted for as and wheTh acctued by th¢ pay¢r. rentsl income from l¢tting Ghurch premises is reCoglsed ii,hen the reni8] is due. All in¢omin8 resnurces are accounted for gn)ss. Resource5 exptDded Bxp¢ndilure is acwuoied for an ac4yuals basis and has been classified U[er headings that aggregat¢ all cos1 related to thecategory. Granis and donations are accounted for WhpaId ovEr,or when Jwarded. it'that award¢reates a binding obligation on the PCC. The diocesan parish share is account for wh¢n paid. At)y wish share unpaid at 3 1 December is provided for in thes¢ aecounls a5 an owa¢ional (though nol a legal) liability and is Shown 25 a creditor in ihe Balanc¢ Sh¢eL
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIAsficAL PARISH OF ST GILES WEST BRID NOTLS TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 I. ACCOUNTENC POLICIES (continued) TDglble fixed ws¢ts Depreciation is provided at the folltswing annual rate5 in ord¢r to write off each asset over its e5tunated useful life. Fixtures atld fJttin8S CoTnput¢r eqiiipm¢nt 10%- 15% on cost 15%- 33Yo on cost Consecrated and b¢n¢fiee property is tt included in the account$ in accord&nc¢with slO(2Xa) and (¢) of the Charitie5 A¢t2011. Moveable church fvrnishings held by the Rector and Churchwar<kDs ott special trust for the PCC, and which rEquir¢ a faculty for disposal, #re ac¢ouJted as inalienabl¥ property unless ¢onse¢rated. They are listed in ihe chureh's itbventory which can b¢ inxpected {at ally rewnable time). l.'or in8lien3blc property acquired prior to 20 there is insufficient ¢ost infom)ation available alld thercfore Such assets are not valued in the accounis. Items acquired since l Jnuary' 2000 have been tapitalised and depwiated in the accounts over their ¢urrently antI¢led useful eCOllDmit life on 8 5trai8ht line trasi Rentsl income aris¢5 from two cottage4 9 and I I Chur¢h Driv¢. the ownership of which is vested in ihe Southwell & Nottingham Diocese, held An b¢n¢fit for St Gil¢s' West Brid8ford PCC. TatIO The charity is exempt fmm tsx on its ¢h2ritxble activitits. UDTeStricted funds (an be Sed in accordance with the charitable objeciives at the discretion ofthe trst¢6 General funds represent the fLfftds ofthe PCC thataTe not subje¢tÉo any restriction$ regarding theiruse andare available for applie10n on the general purroses of the PCC. Fun(ts dtsignated for a parti¢ular Pur)5¢ by tht PCC are also unr¢s(ricted. Designated funds 8tr ¢stgblished for specific PrSe$aS agreed by ¢he PCC Mernir4 and trmain a8unrestri¢ted fvnds. Ro%tri¢t¢d FU[S comprise r•'enuc donations for a specific activity intfflded by the donor. PensloD Costs #Dd other post-retlrement benefits The Lharily uperales a defined contribution pen5iQD 5rheme. Contributions payable to the charity'5 pension scheme are charged to the Slat¢Tn¢nttsf Financial Activities in the wiiMI to which th¢y r¢late. Debtors and Creditors DebrS end Creditors with no Sed interest rate and r¢¢¢ivobl¢ or payable within one are reconled at transaction prLe¢. Current asset inweslm¢nts The GhaTity hold cash on deposit for investment purposes, in ord¢r to obtain a b¢tter rdte of return, thereby increasing their income ¢nabling theTn to me¢i their obieds. Cash at b4nk The charity holds sufficient funds in ordu to meet its Shori temi c&8h commibnEnts as fall due.
THE PAROCHIAL CHURCH couf4CIL OF THE ECCLKSIASTJCAL PARISH OF ST GILES WEST BRIDGFORD NOTES TO THE FINANCJAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2112S 2. DONATIONS AND LEGACIES 31.12.25 31.12.24 Planned giving Gift aid r¢¢overable Donations 193,638 44,579 28,335 178,405 39,245 13,057 572 9,050 240329 Le8Y Collertions 7.808 274a611 3. CHAIUTABLE ACTIVITIES 31.12.2S 31.1224 Cottagc letttng Church and Church hall lettings Wedding and fvncral fees Oth¢r income 13,987 12,689 450 39.809 66,935 20,431 16.331 6,933 4,260 47.955 Wedding and fvneral fee5 repre5¢nt% income rtei of the costs of holdins these cercmorties. In 2025 income receiv £8,604 {2024- £14,066) w'ith costs of £5,101 (2024- £7,133). A further £3,053 of cost5 has been accrued duTing thc year {king thetotal aCual at Dec¢Mr 2025 to £5,553) in relation to backdated fees not paid to the Diocese of Souihwell arld Notlingham. Othw in¢om¢ in 2025 infjludcs a £35.IK)O grant received from ihe Diocese of Southwcll and Nottiosham Youth and Childrn=s Fund, in relation to iheprovision of Childr¢n's and Families ministry at St fjile5, th¢ conditions of whiehweremetduringth¢year. A further £15,IKK> is ¢xpected t(} be received ihis fund in 2026. 4. INVESTMENTS 31.12.24 31.12.24 D¢SIt account interest 295 329 5. TRUSTEES, REMUNERATION AP4D BENEFITS The were no tru5tee5' remun¢Tation or other benefits for th¢ year ended 31 December 2025 nor for the year ended 31 Lk¢enber 2024. Trustee5' Exptnses There were no expenses poid to trustees in relation to their role5 as trustee for the year ended 31 Deccmbu 2025 nor for th¢ y¢ar end¢d 31 December 2024. Expense5 hav¢ I) paid to J Seak)urne and G Barker fft relatii)n to their nomal a¢tivi(ies Thrythin the Ghurch. 6. INDEPENDENT EXAMINER'S FEES 31.J2.25 31.12.24 Independent exgmination fee 1,062 954
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESL4STICAL PARISH OF ST GILES W£ST BRIDGFORD NOTES THE FINAN L STATEMEN RTH EAR ENDE EMB 2025 7. STAFF COSTS 31.12.25 31.1224 Wages ond salaries Pension costs Musicians and Choir Dir¢ctor (Self- employed) 65.016 2.450 8,104 42,17 1,663 9,706 75570 $3A36 During theyearthe PCC paid a pgfi-lime administrator, & ¢htldren'5 and families. worker, ayouth worku, and o number of lf-emplOYed cleaners and musi¢ians. The are no hi8h paid stsff. The average number of full time equivalett¢ employee5 during the year was 3 {2024- 21. No employee received emolumertts ex¢ess of £60.(KIO. & TANGIBLE FIXED ASSETS Fixtures Computer eqylpment Total rittlny COST At l January 2025 Additions DisrA)sals At 31 De¢wnbÈr 2D25 6,615 40,527 47,142 6,615 40a27 47,142 DEPRECIATION At l January 2025 Charge for year DISsaIS At 31 Detember 2D25 6.615 40,527 47,142 6,615 4DJ27 47,142 NET BOOK VALUE At 31 D¢c¢mber 2025 At 31 December 2024 9. DEBTORS: AMOUNTS FALLING DUE WITHtN ONE YEAR 31.1125 31.12.24 Gittaid refvDd due on donations r¢¢eived PTepAym¢nts Donations in acar¥ 18,000 18.01)0 2,957 1202 22,159 136 1.334 19,47 io
THE PAROCHIAL CHURCH CO BRIDGFO NCIL OF THE ECCLESIASTICAL PARISH O T CILES WEST NOTES TO T E FINAN AL STA TB NTS FOR TH YEAR ETrIDED 3 ECEMBER 2112 10. CURRENT ASSET INVESTMEF4TS 31.12.25 31.12.24 Cash held for Inve5tmtnts 6,822 6A27 Fair value at l January Addition Withdraw81 Falr value 8t 31 December 6,527 295 6.198 329 6,822 6J27 11. LIABILITIES 31.11.25 31.12.24 F¢e5 due to Southw¢ll & Nouingham Diocts¢ Amounts to be paid to mission partnws Defeed Incom¢ Other creditors 1.332 26,1 625 12,275 40.232 1,612 9,589 2,968 14,169 £8,000 of the amounts held for mis510D pariners as &t Dc[ber 2024 was not paid until January 2026. As such this amount remains arcTued at DecemEw 2025. 12. MOVEMENTS IN FUNDS Y¢ar ended De£¢mb¢r 2025: 01.111.25 N¢¢ TraD$fers between fuod$ 3J.12.25 movement funds ureStrIcted Funds Genernj Fund 50,539 116,578) 33,961 Deslgnated Funds Seniors Ministry Fund Parish Reserves Fund Ytsulh & Families Ministy Fund Project Fund 18 40.0(K) 11,035 18 40,000 21,995 i i.liy) 10960 11,100 Restrltted Funds Ministry and Mission Furtd HaTd5hip Fund Fabric Fund St Giles Member5, Fund 2,532 2,532 TOTAL FUNDS 104.124 5,482 1O9ffj06
THE PAROCHIAL CHURCH COUIYCIL OF THE ECCLESIASTICAL PARISII OF ST GILES WEST BRIDGFORD NOTES TO THE Fif4ANCIAL STATEMENTS FOR THE YEAR LNDED 31 DECEMBER 2025 12. MOVEMENTS IN FUNDS leontinued): Nei [novemt in fvndb. inClded in the above are as follows.. Resourtes pended MovemeDt ID funds resour¢es Unr¢s¢rieted Funds General Fund Dulgnated FuDds Seniors Ministry Fund Parish Reserves Fund Youth & Fatnilies Ministry Fund Project Fund Restricted Fynds Ministry and Mission Fund Fund Fabric Fund S¢ Giles Members, Fund TOTAL Fuf4DS 283.390 299.968 (16,5781 40,21M) 15,51X) 29.240 4,400 10.960 11,100 2,SlX) 341,590 2.500 336,108 $482 Year ended D¢¢ember 2024.. 01.111.24 Net Transfers betw¢¢D fullds 31.12.24 i# fund$ Unrestricted Fund5 General Fund 46.736 3.803 50,539 DeslgDAted Funds Seniors Ministry Fund Parish R¢5erves Fund Youth & Families Ministry Fund 18 40,000 18 11,035 11,035 Restritted Funds Ministy and Mission Fund Hardship fund Fabric Fund St Giles Members. Fund 2.532 2,532 2.633 12.633) TOTAL FUNDS 91,919 12305 1114,124 12
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST GILES WEST BRIDGFORD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 3A DECEMBER 2025 Net movement in includ¢d in the above are as follows.. IncomlNg resourees Resour¢es expwded MovemeAt funds Ullrestrioted Fund5 General Fund Desigttgted Fund5 Seniors Ministy Fund PaTiSh Reserve Fund Youth & Fami1s&s Ministry Fund Restrleted FuDd5 Minis¢ry and Mission Fund Hardship Fund Fabric Fund St Giles MEmbe, Fund TOTAL FUNDS 277,578 273,775 3,803 11.035 11,035 2.633 276408 (2.633) 12205 288ffj13 Cellergl Fund This futtd can be ulilised by PCC for the general benefit of the charity. Se4lors Minlstry FMDd St Giles is proud to have & stn)ng and vibTant S¢niors mlnistry programmc. Whil$tthere been minima] movement in the seOr5 Ministy Fund during the year, sclf funded worshipping and CIal actÈYity omon8St the senior members of the eongregalion continues on a ff8ular basis. Par15b Restrves Fund This fund is for the ongoing perfonnan¢e ofchurch duti¢$ and thould be tnaintxined a finan¢ial cushion. Y•lltb & Famllies MiDlstry Fulld This fund 1.8 for thc on8oiLg minislry to th¢ )'oung people and families at St Giles. Proj¢¢t Fund This fLtThd is for designated donations or other funding raised toivar(ts the c051 of InfrastrctUre or buildings projects. The PCC has ¢stabli5hed a wojecl lo Ii)ok at potential improv¢rnents to the lighting in the church in 2026 that th¢ funds he]d at Deccmber 2025 are expEctd io be used toi¥ards. Minlstry Atsd MSsskbtt Fund This fund is to b¢ used for furthering the mission of the charityi for example the payment of a Youth Worker 2nd ChildT¢n and Families Worker. Fabrlc FuDd This fund is to be utilistd for the maintenance and improvement of th¢ Church builditw. St Glle$ MembeTS' Fumd This fund has been created for the b¢nefit of Si Giles and its attendees. Hardship Fund This fund is used for the benefit of those txpericncang financial hard5hip> at th¢ diseretion of the PCC. 13. ULTJMATE CONTROLLINC PARTY The charity is under the control of the Board of Trusiees. 13
THE PAROCHIAL CHURCH BRII)GDOR NOTES TO THE FINANCIAL SYATEMENTS FOR TH£ YEAR UNCIL OF THE ECCLESIASTICAL PARISH OF ST GILES WES ED 31 DECEMBER 2(12 14. FUNDRAISINC B Y ST CILES PCC The following paymenw Some of which resulting ftvm dedicated ¢oll¢ctions. were madeby St Giles during the ycar. Chrislian Aid The Friary. West Bridgford Rafiki Thaixl l oundation Honds at Work 2,071 1,140 280 loo 3,591 In oddition to the donalions noted above, St Giles has made an accrual of £26.(rf)O at ihe 2025 year end for ¢horitable donations to k paid in early 2026. This ClUdeS £8.Q(K) which was accrud at December 2024 but not paid until January 2026. 15. RELATED PARTY TILINSACTIONS Th¢r¢ were no related party transadions for theyear ended 31 Dc¢emb¢r 2025. J6. PENSION CONTRIBUTiof4S The COTnpartY LryKrates a defined wtrtriblltion schem¢. The as5ds are managed independently of the cornpany and contributl0115 aTe char8cd to th¢ Siatement of Financial Activities in the period they are Tlladr. Th¢ charge for the yfarwas £2,450 {2024- £1,663). 14