The Parlsh of Yate PCC Flnanclal Statsments For the year"endlng 31 DoG•mber 2025
Independent Examlnor's Roport to th• PCC of the Parlsh of Yate Thls report on the financial statements of the PCC for the year ended 31 Dernber 2025, which are set out on these pages is in respect of an examination carried out in accordance wlth the Church Acc(xJnting Regulations 2006 (the Regulations) and s.43 of the Charities Act 1993 (the Act). ReSptIve responslbllltle8 of th• PCC and the examlner As members of the PCC you are responsible for the preparation of the financlal statements". you consider that the audit requirement of the Regulations and section 43(2) of the Act does not apply. It Is my responslbility to issue thls report on those financlal statements In accordance wlth the tenns of the Regulatlons. Ba818 of thls r•port My examlnatlon was carried out in accordance with the General Dlrectlons glven by the Charity Commission under section 43(7)(b) of the Act and to be found in the Church guidance, 2006 edition. That examlnation included a review of the accounting records kept by the PCC and a comparison of the accounts with those records. It also included considering any unusual Items or disclosures in the financlal statements and seeking explanations frorn you as trustees concemlng any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit. and consequently I do not express an audlt opinSon on the view giv by the accounts. Independent Examlner8 Ststement In connectltsn with my examination, no matter has come to my attentlon, which gives me reasonable cause to believe that In any materlal respect the requirements to keep accountlng records in accordance with section 41 of the Act. or to prepare financial statements which accord with the accounting records and comply with the Regulations have not been met,. or to which, in my oplnlon, attenllon should be drawn In order to enable a proper understanding of the accounts be reached. igned) (Dated) Ric*ard Leslie MBA FCCA FCA Partner R. A. Leslie & Co. | Chartered Accountants Gowran House, 56 Broad Street, Chlpping Sodbury, Bristol, 8S37 6AG
Grants and don8tlons are accounted for when pald over. or when awarded, rf that award Creates a binding or constructlve obllgation on the PCC. The diocesan parish share is accounted for when due. All other expenditure Is generalty recognlsed when it is incurred and is accounted lor gross. Actlvltles Dlrectly Relatlng To The Work Of The Church The dI0San parlsh share is accounted for when due. Any parish share unpald at 31 December is provided for In these financlal ststements as an operational (though not a legal) liability and is shown as a creditor in the balance sheet. . staff Costs An immaterlal portlon of the expenses paid to the clergy may have ielated to their services as members (Including the chalr) of the PCC. Payments of under £7,500 (2024: under £7.500) during the year were pald to PCC members for seNlces outslde the scope of their PCC dutles. Flxed Assets Consecrated property and moveable church furnlshlngg Consecrated and beneficed property is not included in the financial statements in accordance with s.96 (2) (a) of the Charities Act 1993. Moveable church fumlshings held by the vlcar and ChurGhwardens on special trust for the PCC, and whlch require a faculty for disposal, are accounted as inalienable property unless consecrated. They are Ilsted in th8 church's Inventory. which can be inspected (at a reasonable time). For Inallenable propety acquired prior to 2000 there is Insufficient cost infomiatlon availabte and therefore such assets are not valued in the accounts. Items aCqUid since 1 January 2000 with individual value below £1000 are written off. Investmonts Investments are valued at market value 8t 31 December. Current Assets Amounts owing to the PCC at 31 December in respect of fees, tax rebates. rents and other income are shown as debtors less provision for amounts that may prove uncollectable.
. The Parlsh of Yate PCC Notes to the Flnanclal Statsments For the year endlng 31 December 2025 1 Accountlng Poll¢les The ffnancial statements have been prepared In accordance with the Church Accounting Regulations 2006 together with applicable accounting standards and the Charlties SORP 2005. The financial statements have been prepared under the historical cost convention except for the valuation of assets, whlch are shown at market value. The financial ststements indude all transactions, assets and liabilities for which the PCC is responsible in law. They do not include th& accounts of church groups that owe their main affillation to another body, nor those thet are Infomial gatherlngs of church members. .Fund8 Endowment Funds are fvnds, the capltal of whlch must be maintalned. only income arlsing from investment of the endowment may be used either as restricted or unrestricted funds depending upon the purpose for which the endowment was established. Restricted funds represent (a) income from trusts or endowments which may be expended only on those restricted objects provided in tenns of the trust or bequest and (b) donations or grants received for a specific oblect or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of the year must be carried forward as a balance on that fund. The PCC does not Invest separately for each fund. Where there is no separate Investment, interest wlll in future be apportloned to Individual funds on an average balance basls. Unrestricted funds are general funds that can be used for PCC ordinary pUSe$. Incomlng Resources Planned givlng, collectK)ns and donatlons are recogniseil when received. Tax refunds are recognised when the inming resource to whlch they relats is recelved provided there Is sufficient information at the time of preparing the accounts to justlfy recognising the infomiation. eg a claim submitted to HMRC. Grants and legacies are accounted for when the PCC is legally entitled to th6 amounts due. Dlvidends are aGcounted for when recelvable, interest accwed. All other income is recognised when receivable. All incoming resources are accounted for gross. Amounts received specific811y for mlssion are dealt with as restricted funds. Resources Expended
Th• OfY•i• PCC sial•MonafiQl A¥1¥•4 For Th Yqart•31•tD•e•mb•r 202$ In¢iKnlnq R••affc•• Trtil Fynd• 202¥ Fun(f Fun 2024 Inoming r••our¢•B from q•n•r•tsd fvndl VolJnt8ry kncoY fromdonot8 Vo)JTrtary heorn-othor Ineomlw r•Mur6•• ¢h•rllabt• Leiiing#artd tse8 Other 88A68 18.815 88.409 22,908 97.950 31.930 2b 4,29Q 79,731 7.533 79,731 7,633 12,171 8989 37A02 19.955 2d 7.077 199,¥07 210074 2117,2J6 ixp•nd•d Coth olgenei9 tht4ry Go¥emBnf ro8 iesA47 58,Q77 £,771 3.185 173391 70,203 6,771 3.185 193.051 87,531 5,335 S,362 30 12,128 Ch4TR8bkn athth8 ad T1 A•ioLtrH• exp•nd•d I971 2S3,45Q 191.280 N•1 In¢4wnlnq R••our¢•• TranBlorA P3.9731 I254 (93) P.6041 2,340 2.5781 15.3B4 116,8781 P4,0451 12,731 946 18.1261 N•lM•v•m•nt l* Fthd• POA72 182841 16.1261 2.8601 ¢20,389) R•¢onGlll•lon of Pund Balaft9 BIF Start ofyear 141M88 rdOA721 107,848 f8,2641 121A35 18.12S 870.M8 (42.8601 391,317 PO,3691 . Balant•u CIF End OIY•ar 111.194 101.SB4 115AIO 328.OB7 370.94B
Th• P•rf•h 01 Y4f• PCC BAt#n¢e 8h••t •¥ at31•t D•e•mb•r 2025 Note 202S 2024 Flx•rt A88•ts T8nglbb Flxod A¥wt8 In?1nt As391 4b 200,452 216.130 Cutrenl A•MI• 1)gbto Cash at bank and In hand 1,570 129,674 1,202 158,105 Total 131.244 159.306 Lkgblllllg8-AnvJuntB fafthg dug *lthln ong ypar {3,80#1 14.4881 N•tCuff•ntA•b•ts 127,835 154019 LIAblNles- Arrounts falmng rrnro than ono y8ar 328,017 370,948 Fun Unr•gttkt•d RèstrfGted EndoYKront 111.193 101,584 115.310 141.686 107,848 121,435 328.0•7 370.948 AppDJ¥8d on Ir l( l&JJ( Revd. Pètér Hux141)1e (Chak) slephan Lord (PCC Tr•#8ufoT) Th 4tt0ry)anyng nolo9 form part of th08e acèjunts
Th• P•thhOIY4tsPCC YMrtsJi•tfwwb•¢¥26 kS)¥qnvJrt .lknmnt InL¥m Prfntor 78,113 lJg¥ ?.814 •uotioniry Pn• 1170 1i,flfpJ) (f41.12Jl 2.5tt4 1.STO 17.T83 StJAm•9 G•Th•r41 (5.3071 lQ.5871 (4.2091 11.655} 1.¥57) 1501} 613 19.383 3.179 8tNKho14•GoMAI r22.724) PA78) Is.e63) 339 2J39 1.739 l?M12 Sl YOU C•n . Sl Youth $t 81 P•btrJfBFf•MrnI St P•knpAlnbthYrt QF 2339 P7•1 io 1,379 1,247 12A2 13,3e 15.919 4JO . 11.8001 4029 3,448 0,151 14036) 70) 1371) tT.700) (400) 81 M•rOJYouthcIfft Kkrt•nAf (r.9341 11,908) MAI Vur• 14fM 4MIJI 111,1 Pirknh-yauth 8L SL Jwr09 F•blIgI 36J32 42 429U ?,374 It28?) (TMO•) 32,201 25,737. 15.8} 21.S* StllkhaknkRwf St 107.UB 11,$17 •i•J 8¢. Tn1•( 121A55 16.120) 115.aio 121AJ• pa4a¥41 V4•71) 134M7
Pafllh OIY• p¢c N¢ts Tp T Flmnclal 3tAtym•rt• ForTtrthY•ai 31AtP•c•nth•r2025 FurKIo Fund8 20 2024 VolUnry 66,37¥ 15,552 7.542 65,378 15.U2 7.$42 70,240 20,158 1.552 Inrthe Tax R•wvernb I¢tn$ (Qpon pLql•l 97,9JO 2b Volthnry kngJft¥J •oth•r Gr4nl¥ rthJrAiI)n, App•* •tc. 2,628 16,092 3,810 26.942 4,988 16,S73 L•Wnqs&nd F••¥ Ch knUln98 64.877 14.855 8¢,877 14.85J 51,908 17,981 7•,Y31 79.731 Funds genernlad Copknr T.533 T.638 87,502 87,8•2 Inlern•y•ndS 7,077 12.177 19,955 7.077 12,171 i•,M5 Oth•rln¢ontho rn8DU +kntsne(¥J• Ta¥ Leq• io 10 Totsl IornI R•••ur¢•• 11A67 210,874 257,2JS
Th• PaTl•h QIY•t• PCC Ncts• 707hTr An111•1 St4t•m•nt• Fcf Th•YMrto#ltD•omb•r2020 IlaJWd Endomrnnl Totsl Pund$ Fund 2020 2024 dvHb• dlr•tty r•lattngtolh• ¢lwKBb FAniBlry Dk)r4un 8ha Inr&lry Exp•nw¥ chUh Runnln9 ÈNp•nwi T2,741 0.179 72,741 3,179 76.8ge 1è.27a 13.8a4 f6.404 19,270 13.804 16,4Q4 14.897 t1.372 Insurnnc• Chur¢h &¥knl•nanc• EoulprrArynl R•pdrJ Oih•rPToh Roof PE1 chu aknO or CYcc¥atlDn $,03J 3,855 ieA40 1,768 11,1OB &506 5,685 401 6,6$2 401 884 8,106 24.21 of Ownd• &¢•MmuMSty C•th¥ 7.810 4,ae7 1.097 3,244 2243 817 4,387 1,097 3,244 2.243 617 6,228 1.350 1,403 4,441 Iwuran¥ PMpa5rn EoulpThryni Adrrdn 1,542 P1c StAlbnery ai T21AI Co••J alG•ty•NrfnBVolwthry O,If2 5.112 1•0.447 173.tsl
Th• Prf•h OIY•t• PCC Ilots• To Thb FIn•I¥l Stl•m•Trl• FwTh•Y••rt• $1•1 b•r20¥S RbBourvB IxpTrnd•d T¢i•l Futh 202S Fund• Funds Fund• ab Clwr¢h Iln•9•m•iit& Athilnf•ba¥o tstaff .AdntiTh Oth8rStaffCo?l• Exp•bY•• Adn1¥blI1 A#(¥l•nvouB Bank Ch•rugA M.202 2.082 44.282 14,208 42.962 26.441 12.126 6.317 6,317 5.286 191 6.488 12.126 •Y.681 Fund Palskng c•pT e.TTi 6.771 5.335 47VI JJ,935
Th• pl• OFYats PG Plo1•• To Trb• Fln•rnllll 8t•t•lMnt• F#Th• Y•ar•Jl•tO•o•m•r202 Lknra•th(•d End(#mBnt Fud¥ Pu1 FundB Tt141 2025 ' 2024 3d Carfi•blè GNfn9 .3,185 3,185 5.362 rnly••d4: PAgenordlo Ya* FoodbAnk Port of Brfotol ShaniyCI& 8K)nde StrwlAw•LB T•am B&A U•ai8 Bhiot 141 Totsl
Th• Pah•h Ofyalb PCC Nol•• To Tho An11 8tthm•nts For Th• Y•art+ J1•tP•Mmb•r 202S 202S 2024 x•dA•••l• lor UB• ty PCC 4b MartOtValJ& at Start olye•r MèthetValu at 8&rt of yoar Marf(etValu• at Start of ytrAT Gakn lkn891 on revahJotn rJah1kn881 on rvvahJAlbn rkntlonary Fund Ne%Tnan Tw8t S¢ Pgter8 CBF Dthc¥etlDnary Fund Nownan Tn St Petars CBF I)IBuelk)nary Fund Nethman TnJBt 8t PeterB F 78,113 121,436 16.582 .890) (6,1251 (6631 76.365 122,010 16,210 1,748 11.7751 372 0th0rknco¥M1o¥pendituBI Otherkn¢wo laxpendlturel Othorkncthrt1oxp•ndlbJwl ValJ&llon at end ot yg8r 200A92 211,130 )Illno8as at¢nd otye8rlNur(ber of unttal 3.118 S.195 717 3.378 5,252 717 TN6t St P•hr8 9,130 •.J47 D•kn IUnr••lrfel•d Fund•l lM Trnde D•btors 1,670 1.202 1,2Q2 pa$h L3 Acmunt P8¥lsh LbydB ALsxunt st. J$ CBF St. CBF St. Nkhok8 CSF St. Pet¢f• G8F 3,926 31,973 48A80 12A28 21.520 13.368 24,3e2 40,332 41,490 13,012 25.737 13.171 1#,874 158.104
P4rf•hOIY•ts PGC Nol•s To Th• ffln•nvlal 8tttiim•rl• FerTr• Y•r 31•tu•rnb•r2OIJ 2025 2024 xp•nMi knw•d bui notpad 4Ne8 2026 2024 72.741 Yts,886 Th• aU1 pa 10 th01)kn¢••• th•n pL4nn•d du• to ourfinin¢knl 4tuuDn d•iqrtOMihg In th• fln41 f•wnK)nib• ofth• >••r. AMly•l olii•t4u•l• by fi¥ ¢3tI P•thd EIdDnI 7¢tal 2024 85.142 13,623 12,428 11S.310 200,452 13,623 12,428 101.504 216,180 38.9ts8 13.013 107.B48 C•th B•WnM• 8Dknee8 ¥1 Mary¢BF C• 8oLgnw alknrol¢d fund• 111.191 101,0 328,M7 370,948