CHARITY REGISTRATION NUMBEIL" 1133986 HALIFAX MINSTER Seeking God . Sharing Faith . SeNing Halrfax The Parochlal Church Councll of the Ecclesiastical Parfsh of the Mlnster Church of St John the Baptis¢ Hallfax Registered Charity Number 1133986 Flnanclal Statements for the year ended 315t December 2025 Streets.
THE HALIFAX MINSTER FINANCIAL STA TEMENTS YEAR ENDED 31 DECEMBER 2025 PAGE Trustees, awiual report Independent examinerfs report to the tnte¢S Statement of fi8¢181 activities Statement of financial position Statement of cash flows Notes to thc financial ststcrnents AO The followinx pages do not form part of the fin*Dcial statements Detailed statement of firLall¢ial activities Notes lo the detailcd stalcment of fiiiancial activities 25
THE HALIFAX MINSTER TRUSTEES, ANNUAL REPORT YEAR E]4DED 3] DECEMBER 2025 The tswstees present their report and the unaudited financial statements of the charity for the year ended 31 December 2025. REFEREIYCE AND ADMINIST114ThVE DETAILS Re2lstered ¢hgrity nAm¢ Charlty reglstratlon number Princip*l office The Halifax Minster 1133986 Causeway Hallfax West Yoiksljire England HXI IQL Rev David Carpenter (Lecturer) Rev Sam Crook (CuTat¢) Patricia Boyd (Reader) Alison Moss (Chur¢hwhTden) MA¢ha¢l Walker (Chur¢hwarden) Joshua Mitrbell (S¢uetw) Jegatha Moses Joyce Galloway Kathy Ker8h4w Belindo Kerfoot.Rob¢rts Gary Knaptoll Si¢phcn Bther N¢d Smith Reg Wilhelm Shcila Stoppard Andr¢w Jackson John Waddingto Ros Denton Ni Crabbe Joshela Gnanasekaran Julie Butterworth The trustres Vlcar R¢v Canon Hilary Bather FMFBerry The Co-operative Bank plc POBOX 101 Balloon Street Manchester M60 4EP HonorAry trethirer B8nkers Independent txamlner Mrs E A Short FCA Equitable House 55 Pellon Lane Halifax West Yorkshire HXI 5SP
THE HALIFAX MINSTER TRUSTEES, ANNUAL REPORT (¢rMhwdJ YEAR EIYDED 31 DECEMBER 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT The Parochial Chur¢h Council (PCQ of Halifax Minster is a corporate body establTshed by the Church of England and is a registered charity. The PCC operdtes under th¢ Parwhial ChuTch Council Powers Measure 1956. The meth(d of appoititn)¢nt of PLC n)¢mbers is sel out in the Church RepsentatiOn Rules 2011. El¢eted Members are elected by thosc membcrs of thc congregation who are on the Electoral Roll. All those who attend OUT services regularly are encouraged to regisler on the Ele¢tornl Roll and stand for election to the PCC as vacancies arise. The number on tbe electoral roll as at 3 1st December 2025 stan(L8 at 113. Together with the Vicar. the PCC members are iesponsible for makillg decisions on all matters of general ¢on¢wn and importance to the parish. including on how thc funds of the PCC are to be spent. New members rec¢ive initial inforniation on the worfcings of the PCC. The PCC has a number of Vision Groups, the Work of whi¢h ¢an k r¢ad about in th¢ 2025 Year Book, &vailable separately. The Ye8J Book also giv¢s dethils of a¢hi¢vem¢nts and p¢rfornwi¢es in the context of the whole chaTitable putpose and mission of the Minster. ORIECTIVES AND ACTIVITIES When platming their activities foT the year. the PCC has consideTed the ChaTity Commission's guidance on public IxDcfit an in particular, the supplementary guidance on charities for the advancemeTAt of Teligion. Halifax Minstevs PCC has ihe respoDsibility of worFing with the Vicar in promoting in th¢ ¢¢cl¢siaslical parish the whole mission of the chur¢lL pastornl, social and ecumenical. To facilitate this work. it is important that the PCC maintains the fabri¢ of Halifax Minster and its finallcial stability. ensuTing that Ihere are enougb liquid aet5 to Maill"n and rcplacc plant as ne¢¢ssary in our fine bul ag¢ing. historically significant, building. Volunteers from both the church community and outside make a significant contsibution to Halifax Minster, carrying Out such duties as assisting in services, welcoming visitors to thc Minslcr, organising and stewarding events, looking after th¢ fabric and the administration of the Minster. At the end of 2025 theTe were approximately 165 VolteerS registered io help in some way at the Minster. AClllEVEMENTS AI¥D PERFORLNcE The PCC are keen to offer the Minster to be inclusive to all members of the cummunity be this regu]ar members of the congregation, cirizens of Cald¢rdal¢ or m¢mb¢rs of thc widcr public from both tbe UK and overseas. To this Cnd th¢ Minster is open 7 days a week at]d on all days, except Sattrday, has 3 acls of worship availabl¢ for all to att¢nd. Volunteers are oll duty to welcome visitors 7 days a week. The Minster is open? accessible and availabl¢ for mony other a¢tivili¢s b¢nefittiJg th¢ wider community, including concerts, meetings, festivals etc. Together these continue to raise the profile of both the Minster and Calderdale. The PCC also made the Minster available to b¢ used by a number of organisations who use it as a meeting place and continue lo offer spe£ial arran8ement8 for ¢haritable organisations. Durtng 2025 the PCC continued to invest in thc fabric of ihc building to ensur¢ ihat il is maintaincil, in good repair so that it remains a safe place of peace aThd worship for all. FurtheT dctails on our achievements and perforniance are detsiled in the Minster Year Book.
THE HALIFAX MINSTER TRUSTEES, ANNUAL REPORT Cr¢JAflftv*dJ YEAR ENDED 31 DECEMBER 2025 FINANCIAL REVIEW In 2025, £47.048 {2024 £45,858) raised through the planned giving st¢W8rdship scheme. The PCC cannot predict how many legacies it will receive or how many payin8 Vlsltors will come through the door. so stewardship VIng remains the bedrock of the Minstels financial security, providing pr¢dictable incom¢ b&se to help the PCC with its planning. For this reason, the PCC is very grate1 to those of you in our worshipping community who are m¢mber5 of the Scheme aTHI for the increase in your gjving. We also encourage those WIK) are not members to please join. Giving through 1008¢ collection plates and donations again experienced a healthy increase. Unlike 2024, when no legacies were rec¢iv¢d, in 2025 we received two legacies. The first was from the Dyson family towards the Minster in general and th¢ s¢w)d was from th¢ ¢state of Joan Dearden who Icft in her will & substantial amount for the specifie purposes of the Friends of the Music. The PCC deterniinedto invest this legacy in a spwific fimd in them¢mory of Ms Dearden and putth¢ interest gained towards the support of th¢ rnusic in the Minster. We benefited from generous gifts from Erf)th organisations and individuals. Many gave generously towards specific projects and others to thc Minstcr in gcn¢ral. Th¢Friends of th¢ Minstcrneed a special thanks for their great g¢n¢rosity ti)roughoui the year where they contributed towards the Pascal ¢andl¢. the Broderers and significantly to help cover the roof survey and some T¢pair. The PCC thank all those who donated 80 generously In addition, we benefitted from a mlly)ber of ants throughout th¢ year including.. £7,500 from tbe Community Foundation for Calderdale (CFFC) towards the Sustainability Project. £1250 from the Waterhouse Hom¢s towards education costs and lecturefs ftts £4,972 from the Leeds Diocese Building Grallt towards builditig repairs £ 450 from Le&p Bradford towards the Festival of Women £ 1,235 from NHS Crealive Minds towards ihe Craft¢rnoon Te4s The PCC acknowledgcs thcsc grants with grnt¢fi)l thats. During 2025 the Minster held significantly more events than in prcvious years including w¢ddings. nerals, concerts and other activiries. The income generdted from these activiiie5 resulted in a significant income increase on 2024. Total Te¢eipts on unrestri¢t¢d funds in 2025 were £342,395 (2024- £253,288) which was a healthy 35ty/ in¢re88e on the prewouq year. Income from events again showed a significant Ye on year increase. with the Summer Festival. orgall recitals, concerts aad Minster hire all generating good income. Th¢ Christmas Tree Fe%tival was again a great success thanks io the generosity of sponsor4 coupl¢d with thc cffoff$ of many volunte¢TS With particular mention going to Sasha Wright and Gary Knapton for their massivc contribution. Net revenue from the event was arnund £14.0(M) (2024:£ 11,O(K)). Shop sales were more than 20ts/• higher than 2024 Wit on¢¢ again, the lai¢r part of the year being the busiest peri(Nl. Thanks agam go to Gary for his hard work in nmning all 2sp¢¢t8 of the shop.
THE HALIFAX MINSTER TRUSTEES, ANNUAL REPORT (¢thTthwdJ YEAR ENDED 31 DECEMBER 2025 Minster hire income was nearly double the 2024 figure and, in addition to the hiring fees, w¢ wer¢ able to benefit from refreshment sales thjring many of the events and ¢on¢¢rts held by visiting organisations. The PCC thank8 and apprecjation go to the many volunteers who woA(ed tirelesslyto ensure the smooth Tunning and 5ucce&s of thtte ¢vents. The income from these revenue sources are Critical to the Minster financial wellbeing as the w¢ are iotally sclf-fimding and receive no subsidy from the Diocese or elsewbere. On Christmas Ev¢ thc Chtisiingle ev¢ni r¢tumed io our calendar and was a great succe&s with all revenues being passed ontu the Children's So¢iety. TolaL expenditure from unrestricted fiillds in 2025 was £352,250 (2023 £237,747). The increase refle¢ts the incr¢as¢ in day to day activity. As l&st year, there was significant spending on the organ repairs but this Cost was mainly covered by the Pilling Fund and. as mentioned earlier, the Friends contributed greatly to building r¢lated cost. Together, this meant that there was Tbo requirement to use the MiTJSteT reserve fund. All costs were kept under tight control and were generally in lin¢ with budg¢t ¢xp¢¢tstions. The gas and electric contracts negotiated a few years ago have now expired and b¢¢n renegotiated but. unfortunately. not at the same low cost. Salary CO8És increased significantly due to increagd hows being worked and government legislation pertaining to National Insuran¢e Contributions and ihe living wage increase. The Operalion Manager and Assistant's 8alari¢s ond associated costs are fully reflected in theexpenditure figures and, as in recent years, we havc fully cover¢d thele througb trading andhave notneeded to call upon any ofthe remaining GreWOod Fund. Administsation costs were controlled and rent is ilemised as a s¢parat¢ cost centre it] these accounts. During 2025 negotiatioJ)s were undertaken with the Causcy Hall landlord. A8reement has b¢¢n r¢a¢h¢d allowing administration to move into larger premises and to allow the 'Herschel' room to be used for choir prnctis¢ and other fun¢tions. Next yeaTS accounts will refiect this increased rent. The costs of the Director of Choral Musi¢ wer¢ met by th¢ Friends of Music budget (restricted) and Were increased during the year lo cover hi5 incT¢as¢d WQTkload bours. It should be noted thal in 2026 these costs will be unrestricted and reported in the sal8ry ¢osts. Th¢ PCC d¢t¢mild that the organ playing for Minsler worship and other services should be reported a5 #n upk¢¢p of services (unrestricted) cost rather than being chargrd lo th¢ Trricnds of Music and th¢ Tesultant increase is refle¢t¢d in th¢ awountS. In 2024, donalions were received towards the MAnag¢m¢nt Conservation Plan. This plan was prepared and published during the past year with the aTchit¢cts Costs r¢latillg to this included in the 2025 accounts As mentioned above, no major repair and restoration WO on the Strn¢re of the Minsier building look place in 2025 but th¢re is signiflcant repair work needed over the next fcw ycars to much of th¢ fabric of the buildin& includin8 the Tower.
THE HALIFAX MINSTER TRUSTEES, ANNUAL REPORT (e•Jth#e4) YEAR ENDED 31 DECEMBER 2025 Looking after an ancient building is ¢ostly. but this shouldn't mean that we are not generous in OUT support for those in need. In 2025. the PCC maintain¢d thc amount gifted to charity for 2024 and it is budgeted that this will be in¢rea8ed for 2026. In additio the PCC continues to welcome all charities 2nd allows sp¢¢ial charitable hiring Tates for any charity or school using the Minster facilities. The cost I loss of revenue of this is not included in these accounts. Overnll. the PCC 15 ple&8edto advise that, OD unrestricted fimds, the PCCha5 maThaged to mak¢ a surplus of inc4)me over expenditure of £3,945, after tralfrAllg £13207 to restTiCted funds. ThanL8 to the Dearden legacy, when rlrICted and desi8nat¢d tivitieS are include4 this is significantly gr¢ater - £96,537. {2024- £23,398). In 2005. the endowment fund overall showed a slight fall in value on end of year valuation finishing the year £3,906 lower than the previous year. Th¢ overall positive resuli, as r¢ported. is thanks to the generosity of many. The PCC ¢sp¢ciallywishes to thank all those individuals who have given th¢ir time, talents and money throughout the ycaT in support of the Minster. It centlY costs over £ 1.000 p¢r day fot th¢ Minster to operate at)d th7s wuld not happen without you. Reserves Policy It is PCC policy to maintsin a balance on free reserves that equates to at least six mouths, unrestricted expenditure and io have enough sav¢d to pay for r¢pla(Kmcnt of plant, such as th¢ h¢#ting boilers should they fail. li is estimated that a balance of at least £IOO,000 should be held for these pury*)s¢s. In pursuit of this Reserves Policy of £lOO,(K)O, the PCC has a current balance of £62,414 (as 1&8t year) in its resenTe lld. We arc also holding an increased amount in the general fund. The PCC bop¢$ thai this in¢r¢as¢ in the general fund will cover any day to day repairs n¢¢d¢& without recourse lo the r¢sCrY.. The Pernianent EndoThnnent Funds. valued at £267.852 (2024 £271.758), are legacles that individua15 made io the parish with the restriction that only income generntd from the fimds can be spent. the capital value must remainuntou¢h¢d so Cal01be used forexpendiiure andtherefore ¢annoibe regarded as rer¥es. The trustees, annual report was approv¢d on il HAI 2026 and signed on behalf of the board of ITuslee5 by.. REV CANON HILARY BARBER Vi¢ar MICHAEL WALKER Churchwarden
THE HALIFAX MINSTER IINDLPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE HALIFAX MINSTER YEAR ENDED 31 DECEMBER 21125 I rwrt to the Irustecs on my examination of the financial st8lem¢nts of Th¢ Halif Minster ('the charity) for the year ended 31 December 2025. RESPONSIBILrriES AND BASIS OF REPORT As the trustees of the charity you aTC r¢sponsibl¢ for the preparation of the financial statements in ac¢ordanc¢ with the requirements of the Charili¢s Ad 2011 ('the Act.). I r¢port in r¢spect of my examination of the charitys financial staternents carried out under section 145 of lh¢ 201 l Act and in carrying out my examination I have followcd all thc appli¢abl¢ DI(110S griven by the Charity Commission und¢r s¢¢tion 145(5)(b) of the Act. INDEPENDENT EXAMINER'S STATEMENT Sinc¢ tb¢ charity's gross income exceeded £250,000 your examiller musl be a member of a b(dy listed in section 145 of th¢ 2011 Act. I confinn that I am qualified to undertakc th¢ cxaminativn becaus¢ l am a mcmbcr of the Institute of Chartered Accountants in England and Wales (ICAEW), W"¢h is on¢ of the listed bodies. I have completed my examination. I confim that no mateTial matters have come to my attention in connection with thc cxaminition giving me callse to believe that in any material respect." a¢¢ounting records were noi kept in respect of the ChilY as required by section 130 of th¢ Act,. or the financial statements do not a¢¢ord with those records,. or the flnancial statements do not comply witb the applicable requirements concerning the forni aJ)d content of accounts sel out in the Cban"ti¢s (Acrounts and Reports) RegUl10S 2008 other than any r¢quirement thai the accounts giY¢ a 'tru¢ and fair, view whi¢h is not a matter consid¢r¢d &s part of an independent examinv4ti0n. I have no concerns and hav¢ coTn¢ aoross no other Matte in connection with the examination to which attention should be drawn in this Teport in order to eJ)abl¢ a proper understandtng of the accounts lo be r¢ached. MRS E A SHORT FCA Independent Examiner Equitable House 55 Pellon Lanc Halifax West Yorkshire HXI 5SP
THE HALIFAX MIIYSTER STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 DECEMBER 2025 2025 U))re8tri¢ted R¢$trict¢d Endowment funds fimds Total funds Total funds 2024 Note lllcome and elldowments DonatioJ)s legaci&s Charitable activities Other trading activities Tllvestm¢J)t incon 144,905 22,470 160,984 14,036 342,395 134,854 22215 279,759 44,685 160.984 14,036 499,464 165233 117.571 46,250 13.127 Total iDco]ne 157,069 342,181 Expendlture Expenditure on raisillg fuDds." Costs of raising doDatioDS and legacies Costs of other trading activities Expcnditurc on charitable activities 83 83 74 82,211 82211 15,039 io,ii 242,956 325,250 73.778 316,734 399,028 310.478 325,591 Totsl expeDdl¢ure 73,778 Net (loss¢$ygains on investments 12 (7) 3.899 (6,808) Net Income 17,152 83291 (3,906) 9fj37 23.398 TrdDsfers between funds (13.207) 13207 Net movement im funds 3,945 96,498 (3,906) 96,537 23,398 RecondlladDn of funds Totsl funds brought forward Total fund$ Carried forWd 90,951 94.896 81.274 271,758 443,983 S40,520 420.585 443,983 177,772 267.852 The statement of financial activities includes all gains and losses recognised in the year. All income and expcnditUTC derive from continuing activitie8. The notes on p4ges 10 to 22 forni part of th¢s¢ finatt¢lal ststsments.
THE HALIFAX MINSTER STATEMENT OF FINANCIAL posrrioN 31 DECEMBER 2025 2025 2024 Note FIXED ASSETS Tangible fixed assets Investments 17 18 17213 268JOS 285,518 19,683 272,197 291.880 CURRENf ASSETS Siocks Debtors Cash at bank and in hand 13,117 12,902 2,476 144,791 19 256,187 269J04 160,169 CREDITORS: amounts falllng due within ojje ye*T NET CURRENT ASSETS 14J02 8,066 255,IJ02 152.103 TOTAL ASSETS LESS CURREI¥T LIABILITIES $40,520 443.983 NET ASSETS 540,520 443.983 FUNDS OF THE CHARITY Endowtrt¢nt fimds Rc5tricl¢d funds UnTestrict funds 267,852 177,772 94,896 540,520 271.758 81,274 90.951 443.983 Total tharity fundi 21 se financial statements were approved by the board of tnle¢S and authorised for issue on lil. M. Pfl . 2026, and are signed on E¢half of the board by: REV CANON HILARY BARBER Vi¢ar MICHAEL WALKER Churchwarden The Notes on pages 10 to 22 forni part of these Ilnancial statements.
THE HALIFAX MINSTER STATEMEvf OF CASH FLOWS YEAR ENDED 31 DECEMBER 2025 2025 2024 CASH FLOWS FROM OPERATING AcfiviTIES Net income 96.537 23.398 Adjustmentsfor.. Dq)r¢cialion of tangibl¢ fixed a8s¢tS Net (10ssesygains on investments Other interest receivable and similar income Accrued expenses 2,470 3,899 (10,144) 5,630 2.039 (13,616) (13,127) 7,618 ChangeJ in.. Sto¢ks Trad¢ and utheT debtf)TS Trade and oth¢T ¢r¢ditors {215) 2,476 606 376 (2,476) (1,727) 2,485 Cash generated from operations 101259 Interest received 11036 11529S 13.127 15,612 Net cash from opating activities CASH FLOWS FROM INVESTING AcrIvrrIES Purchase of tangible assets Net (Losses)Igains on investments N¢1 cash u8cd in invc5ting activitics {6,900) 6,808 (92) {3,899) {3,899) NET INCREASE IN CASH AND CASH EQUIVALENTS CASH CASH EQUIVALENTS AT BEGINNINC OF YEAR CASH AND CASH EQUIVALENTS AT END OF YEAR IllJ96 144,791 15.520 129.271 144,791 256,187 The notes on P*Ees 10 to 22 foTnJ part of these fin4D¢ial stAtements.
THE HALIFAX MINSTER NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025 GENERAL INFORMATION The charity is a public benefit entity and a registsred charity in England and Wales and is unineoTporated. The address of the principal office is Causeway> Hxlifax, West Yorkshire, England HXI IQL. STATEMENT OF CONqPLIANCE These fin&n¢ial 8tatements have been prepared in conwliance with FRS 102, 'The Financial R¢portin8 StsndaTd applicable in the UK and the Republic of tr¢lan(f, the Ststement of Recommended Prnctice appli¢abl¢ to Chariti pr¢paTing their accounts in accordance with the Financial Rep)ning Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102}) and the Charities Act 2011. ACCOUNTING POLICIES B#sls of prep#r*tlon The financial statemeDts knv¢ b¢¢n pr¢par¢d on th¢ historical cost basis, as modified by the r¢vaiuation of certain fmancial a55cts and liabilitics and investment properties measured at fair valu¢ tbrough income or expenditure. The financial statements are prepared in sterling. which 15 th¢ funthional cutren¢y of the entity. Golng conceTn Th¢re are no material uncertainties about the charitys ability to continue. Judgements key 8our¢es of esdm8don wncertalnty Th¢ prepardtion of the financial statcmcnls requires management to make judgements. &stimates and assumptioJ)s tt affect ihe amounts reported. These estimate5 and judg¢m¢nts ar¢ ¢ontinuJlly reviewed and are based on experience and other factors, including expectations of events that are believed to be reasonable under the C1umStances. io
THE HALIFAX MINSTER OTES TO THE FINANCIAL STATEMENfs YEAR ENDED 31 DECEMBER 2025 ACCOU]YTING POLICIES Fund accountlng Unrestricted furLds: Money wven to the Minster on the general understsnding that it will used at the discretion of the PCC for furthering tbe mission and mit)Astry of th¢ church. The PCC may decide to put some of the unre$tri¢ted money on one side to pay for specific projects (for example to buildthe Reserve Policy fund). This money is deSited for these projects for administrative purposes only. D¢signated funds are slill unrestricted and can be moved by the PCC to other general funds. Restrkcted funds.. Money given to the Minster foT a particular piirpose, so Cannot be ed by the PCC for anything else. Pernianent Endowment funds: Money (such as cash) or assets (such ag shares) left to the PCC. These are also restricted fimds given to the PCC with the specifit instruction that onty the iJ)¢om¢ ¢an be spent or us¢d. These fun(ts are nvrmally named after the donor. lllcomlng resourees Incoming resources Planned givin& collections, donations and tax r¢fundg ore recognised when re¢etved. Grants and legacies are accouDted for when the PCC 18 legally entitled to the aTnount5 due. All other income is rc¢ognis¢d when it is receivable. All incoming resources are accounted for gross. Resources expended Grdttts alld donations are accounted forwhen paid oveT. The diocesan common fund is accounted for when paid. All other expenditure is gencrally rccogtii8¢d whcn it 15 incurrcd and is accounted for gross. Tan2ible aisets TAngible &88ets are inilially re¢ord¢d at cosL and subsequently stated at cost less any auMulated d¢prc¢iation and impairnient I0es. Any tangible assets Caled al Tevalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated deprlatiOll and subscqucnt accumulat¢d imp&irnient losses. li
THE HALIFAX MINSTER NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025 AccouwfiL¥G POLICJES fc¢wthwL Tangible asgets An in¢r¢as¢ in ih¢ ¢wing amounl of all ossel #s a r¢sult of a TeY4luation, is recognised ID other rccognId gains and losses. unless it reverses a charg¢ for impainnent that ha8 previously b¢¢n recogni8ed &q expendituie within the ststement of fiNncTal athivities. A decreasc in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and Ioss¢s, except to which it offsets any previous revaluation gain, in which case the loss is shown withi other recognised gains and losses on the stalement of financial actiTrities. Depreeiation Depreciatioll is calculated so as to wrilc off thc cosl or valuation of an assct. less its residual value, over the useful economic life of that asset as follows.. Equipm¢nt 10 /0 straight lin¢ Investments Unlisted equity investments are initially recorded at Cost, and subsequently measured at fair value. If fair yalu¢ ¢annot b¢ rcliably mcasur¢d, ass¢ts ar¢ m¢a5ur¢d at cost less impaim]ent. Listed investtnents are megsur¢d at fairvalue wiih¢hanges in fair value being re¢ogtits¢d iti incon or expend1tte. Impairment of fixed assets A review for indic&lor8 of impainnent is Caled out at each TCPOrting dat¢. with the r¢cover¥ble amount being estimated where such indicators exist. Mlhere the carrying valuc exce5 th recoverable amouni the asset is impaired accordingly. Prior impaiments are also revi¢wed for possible reversal at each r¢porting dal¢. For the purposes of impairnicnt trsting* when it is not possible to estimate the recoverable amount of an individual ass¢t, an ¢slimat¢ is mad¢ of th¢ r¢¢ov¢rabl¢ amowAI olthe cash-gen¢rating unit to which the asset belongs. The cash-generating unit is the smallest identifidble group of &ss¢ts that includes the asset and generates cash inflows that largely independenl of the cash inflows from other assets or groups of assets. For impairn)ent testing of goodwill, the goodwill acquired in a business combination is. from the a¢quisiiion dat¢, allo¢ated to ¢ach of the ¢8sh-g¢nerating units that are ¢xpe¢ied to benefit from the syncrgie5 of th¢ ¢ombinatiOll. iTr¢sp¢ctive of wh¢thcr oth¢r &ssct$ or liabilitics of the chlty are &ssign¢d to thos¢ unitg. Stocks Sto¢ks are measured ai th¢ lower of cost and estijnated lling pric¢ l¢ss wsls to complete md sell. Cost in¢lud¢s all costs of Purchase, costs of conversion and other ¢osts in¢urr¢d in bringing ihe sto¢k to ils pw$¢nt location and eondition. 12
THE HALIFAX MINSTER NOTES TO THE FINANCIAL STATEMENTS (c•xl¥ff4• YEAR ENDED 31 DECEMBER 2025 The company only hos financial assets and financial liabilitie8 of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subse4ucntly rn¢asw¢d at th¢ir settlement value with the exception of bank 108ns which ar¢ subsequently measur¢d at amortised cost llsing the effective interest method. DONATIOF4S AND LEGACIES Unrestti¢led Funds R¢stricted TotAI Funds Funds 2025 DONATIONS Planned giving bank Platmed 8ivAng envelOS Loose p14t¢ colledions Giving through church boxes On¢ off gift aid gifts Donations, appeals ¢tc Gift *id tax Tefimd O¢h¢r funds gcn¢rat¢d LEGACIES Legaeies GIL4NTS GTaDts receivable 38,369 8,679 25259 14.768 4.317 19,152 12,976 1,422 38,369 8,679 25,259 14,768 4115 34,397 12,976 1,422 98 15.245 15,000 106,589 121,589 4,963 12.922 17,88S 279,759 144,905 134,854 Unrestricted Restricted Totsl Funds Fwids Funds 2024 DONATJONS Planned giving bank Planned giving envelopes Loose plate collections Giving thTough church boxes One off gift aid gifts Donations, appeals etc Gift aid tax refulld Other fimds generated LEGACIES Legacie5 37,810 8,048 28.282 16,433 2,581 4,413 17.121 37,810 8,048 28,654 16,433 2,581 43,780 17,121 372 39.367 GRANTS Grants receivable 1.806 116,494 10,806 48,739 165,233 13
THE HALIFAX MtNSTER NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025 CHARITABLE ACTIVITIES Unrestricte41 Funds Restricted Totsl Funds Funds 2025 Music department income Edu¢atioy) d¢partment Bcllring¢TS in¢om¢ F¢¢s for w¢ddings and fimwals Events 156 350 1,695 6,781 13,488 22.215 22,371 J50 1,695 6,781 13,488 44,685 22,470 22,215 Unrestricted Funds Restricted Total Funds Funds 2024 Music depathenl income Education d¢parlJn¢Iit Bellringer8 income Fees for wcddings and funcrals Events 150 369 1,055 7,663 58.465 49,869 50,019 369 ,055 7,663 58,465 117.571 67,702 49,869 OTHER TRADING ACTIVITIES unTtrIcted Total Funds UDre5trickd Total Funds Funds 2025 Funds 2024 Fundraising events Shop income Minster hire Printing and bann¢r spac¢ 1&2,146 22,400 29,640 6,798 160,984 102,146 22,400 29,640 6,798 160,984 18,228 20,528 7,494 46,250 18,228 20,528 7,494 46,250 VESTMENT ThCOME Unrestricted Total Unrestricted Total Funds Funds 2025 Funds 2024 Deposlt accounl interest Income from endowments 3,145 10.891 3,145 10,891 14,036 5,515 7,612 13.127 5.515 7,612 13,127 14,036 14-
THE HALIFAX MINSTER NOTES TO THE FINANCIAL STATEMENfs YEAR ENDED 31 DECEMBER 2025 COSTS OF RAISING DONATIONS AND LEGACIES Unrestri¢t¢d Total Funds Unrestricted Total Fund5 Funds 2025 Funds 2024 Costs of stewardship scheme 83 74 74 COSTS OF OTHER TIL4DING AcrJvi'riES Unrestricted Tot81 Funds Unr¢stri¢t¢d Total Funds Fun(ts 2025 Funds 2024 Shop costs Costs of staging ¢v¢Thts 16,965 65,246 82211 16,965 6S,246 81211 15,039 15.039 15,039 15,039 10. EXPENDITURE ON CHARITABLE ACTIVITIE8 BY FUND TYPE UnTestsicted Funds Restricted T•tal Funds Funds 2025 Religio activity Music department Education department Events Support costs 88,743 157 1,475 6.331 146250 242.956 4,157 36,295 92,91 36,452 1,475 6,781 179,126 316,734 450 32,876 73,778 Unrestrirt¢d R¢stricl¢d Toial Funds Funds Funds 2024 Rcligious a¢tivity Musi¢ departm¢nt Education d¢paTiment Ev¢nls Support costs 75.880 900 1.537 71.458 77,417 72,358 22,699 127.764 227,243 8.000 2.240 30,699 130,004 83,235 310,478 Is-
THE HALIFAX MINSTER NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025 11. EXPENDITURE ON CHARITABLE ACTIVITIES BY ACTIVITY TYPE Activili¢s und¢rtaken directly Support costs TotAI funds 2025 Total fimd 2024 R¢ltgious activity Music department Evcnts Governance costs 92,900 36,452 6.781 155,644 248,544 36,452 781 23,482 315,2S9 205,175 72,358 30,699 2,246 23,482 179,126 136,133 310.478 12. NET ILOSSESYGAINS ON INVESTMENTS Unrestiiclcd Endowment Total Funds Funds Funds 2025 Gainsloosses) on cash held for invesiment putposes (3,906) (3,899) Unrestri¢t¢d Endowment Total Funds Funds Funds 2024 Gainsl(loss¢s) OTh ¢ash held for investnnt purposes (20} 6.828 6.808 13. IYET INCOME Net income is stated after chargingl(crediting).' 2025 2024 Depreciation of tangible fixed assets Operating lea8¢ rentsls 2A70 2.039 5.405 14. INDEPENDEN[ EXAMINATION FEES 2025 2024 Fees payable to the ind¢p•ent ¢xamin¢r for.. Ind¢p¢ndent examination of the fmancial statements 1,325 960 15. STAFF COSTS The totai staff costs and employee benefits for the reporting period are analysed as follows.. 2025 2024 Wages and salari¢s 63,210 52.882 16
THE HALIFAX IlINSTER NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025 The aver&ge head count of employees during the year w&s 3 {2024.. 3). No mployee received employee benefits of more than £60.000 (hwing the year {2024: Nil). 16. TRUSTEE REMUI¥ERATION AIYD EXPENSLS Sheila Stoppard received £1,285 (2024- £1.390) forher duties as verger at wedditigs and funerals. 17. TANGEBLE FIXED ASSETS EquipmeT)t Total Cost At l J&nug4ry 2025 and 31 Detember 2025 Depreciatio At l JaMry 2025 Charge for th¢ year At 31 December 2025 24,706 24,706 5,023 2,470 7,493 S023 1470 7,493 Carrying amount At 31 December 202S 17,213 17213 At 31 De¢emb¢r 2024 19,683 19.683 18. INVESTMEIYTS List investments investments Total Cojt or valnation Ai l January 2025 Additions Fair value movements 439 271,765 272,204 (3,906) 267,859 (3.899) At 31 Dettmber 2025 208J115 ImpAErnJent At l January 2025 and 31 December 2025 C*rrylng amount At 31 December 2025 267,859 271,765 2685 272.204 At 31 Decem 2024 439 All inve8lmcntS Shown above are held at valuation. Financial asseti held at fair value lttve8tmcllts r¢pres¢nt pern)an¢ot endowments and are invested in the Church of England's C¢ntral BoaTd of Finance Investsnent FwiLt The interest and dividends from the invesknents are Unrestr1cd funds and as such are paid directly into the Church's bank account and utilised by the PCC for gcn¢rnl purp05C8. 17
THE HALIFAX MINSTER NOTES TO THE FINANCIAL STATEMENTS <¢•#th4) YEAR ENDED 31 DECEMBER 2025 19. DEBTORS 2025 2024 Prepayment5 and ac¢nl income 2.476 20. CREDrroRS: alllOllDt$ falling due within one year 2025 2024 Trade creditors Accrnals and deferred incim]e 179 14,123 {427) 8,493 14,302 8,066 21. ANALYSIS OF CHARITABLE FUNDS Uure8trl¢ted funds Gains and losses 31 Det 21125 l Jan 2025 Income Expenditure Transfers General fimds Halifax Minster Reserve Treasury/Exbibiti on Fund Bellringers Fwid 27.512 342.125 (324,243) (13,207) 32,194 62.414 62,414 105 920 105 183 270 {1.007) 342.395 (325.250) (13,207) 90,951 94,896 Gains and 105s¢s 31 Dec 2024 l Jan 2024 Income Expendiiure Transfers General fimds Halifax Minster Reserve Treasuryxhibitl on Fund Bellringers Fund 26,585 243,303 (242,356) (20) 27.512 62,414 62,414 105 650 105 920 270 89,754 243,573 (242,356) (20) 90,951 18
THE HALIFAX MINSTER NOTES TO THE FINANCIAL STATEMENTS (£oAth4ed) YEAR ENDED 31 DECEMBER 2025 Restrl¢trd fvnds Gain5 attd Ios8e5 31 Dec 2025 l Jan 2025 Income Expenditure TTansfer5 Education Fund Bishop's Developm¢nt Fund Friends of the Music Fund Pilling (Organ & Toilet) Fund Greenwood Fund Waterhouse Memorial Fund Friends of MlC Fund Community Foundation For Calderdale Benefa Trust Grant- driveway Altar alld lectern Mother union CFFC- Summer Festival Bishop's Development Fund- Sumer Festival Calderdale Council Sir GeoTge Martin Fund SWY NHS Partnership Waterhousc L¢cturees Fees Altcr & Le¢t¢rn Fund Dearden Fund Conservation Management Pla Friends of the Minster CFFC suslainability projcct Leeds Diocese 2,6(M) 98 2,698 825 825 25,013 122.805 (36.296) {65,140) 46,382 3,062 25,586 6,500 9,562 25,586 2.302 2,302 113 113 593 593 197 (140) 57 1,500 1,51M I,ooo (1.000) 250 (250) 10,753 10,753 64.929 (71) 65,000 8,730 (18.093) 9.363 12.260 (14.712) 2,452 7,5 4,972 7,SlbQ 4,972 19
THE HALIFAX MIIYSTER NOTES TO THE FINANCIAL STATEMENTS f-. YEAR ENDED 31 DECEMBER 2025 Building Grant Leap Bradford- F¢stival of Women NHS Creative Mirjds - Crafternoon teas 450 (450) 1.235 (2.907) (73.779) 1,672 13,207 81,274 157,070 177,772 Gains and Ioss¢s 31 Dec 2024 l Jon 2024 Lncomc Expenditure Transfers Education Fund Bishop's Development Fund Friends of the Music Fund Pilling (Organ & Toilet) Fwld Greenwood Fund Waterhouse Memorial Fund Frie1$ of Music Fund Community Foundaiion For Calderdale Ben¢fa¢i Trnst Grant- driveway Allar and leclern Mother union CFFC- Summcr Festival Bishop's Development Fund- Sum¢r Festival Calderdal¢ Council Sir G¢orge Martin Fund SWY NHS Partnership Waterhouse IKctureVs Fees Alier & Lectern Fund D¢ard¢n Fund 1,61 1,000 2,600 825 825 14,556 (40.837) (26281) 7,937 25,586 26,025 130,900) 3.062 25.586 2,302 2.302 51.294 51,294 593 12,309 193 593 10.753 197 (1,556) {405) (3,000) {5,000) 4(X) (287) 113 1.51X) 1,500 (1.000) 250 {250) 20-
THE HALIFAX MtNSTER NOTES TO THE FJNAY4CIAL STATEMENTS (¢Mrfwred) YEAR ENDED 31 DECEMBER 2025 Conservation managenTrt Plan Friends of th¢ Minster CFFC sustainability prO)t Leeds Diocese Buildillg Grant Leap Bradfi)Td- Festival of Women NHS Creativ¢ Minds- Crafternoon leas 8,730 8,730 65,901 98,608 (83.235) 81274 Endowmejbt fund$ Gains and I0S 31 Dee 2025 l Jan 2025 Income EXpditUre Transfers 271.758 (3,906) 207,852 Gains #nd 108ses 31 Dec 2024 l Jan 2024 Income EXpalture TT4ll5fers TnLsi fu1 264.930 6,828 271,758 21
THE HALIFAX MINSTER NOTES TO THE FINANCIAL STATEMENTS (Co*¢&} YEAR ENDED 31 DECEMBER 2025 22. ANALYSIS OF IYET ASSETS BETWEEN FUNDS UnrestTicled Funds Restricted Endowm¢nt Total Funds Funds Funds 2025 Tangible fixed asscts Investments Current &8sets Creditors less tILan l year 1.146 16.067 446 161,259 17,213 268,298 267,21S 112,206) 540,520 267.852 105,956 (12,206} 94.896 assets 177,772 267,852 UnrestTiCted Funds R¢strict¢d Endowment Total Funds Funds Funds 2024 Tangible fixed assets Investments Current ass¢ts Creditors less than l year Ntt assets 1.370 18,313 19,683 272.197 160,169 (8.066) 443,983 271,757 77339 (8,066) 70.643 82,830 101,583 271,757 23. ANALYSIS OF CHANGES IN NET DEBT At At l Jan 2025 Cash flows 31 Dec 2025 Cash ot b)nk and in hand 144.791 111,396 256,187 24. OPERATING LEASE COMMITMENTS The total tllre minimum lease payments undcr nonvcancellable operating l¢as¢s are as follows: 2025 2024 Noi law ihan l year Later than l ycar and not I4r than 5 years 3,816 2,058 3,816 5,874 5,874 9,690 22
THE HALIFAX MINSTER MANAGEMENT INFORMATION YEAR ENDED 31 DECEMBER 2025 The followlDg pages do not (ortn p#rt of the flnlnclal Statement
THE HALIFAX MINSTER DETAfLED STATEMEiYf OF FINANCIAL ACTIVITIES YEAR ENDED 31 DECEMBER 2025 2025 2024 Income and endowments DoDadons and leg&cles Planned giving bank Planned giving e))velopes Loose plate collecli¢ms Giving throu8h ehur¢h boxets One off gift aid gifts Donations, appeals ac Gift aid tax refund Othcr funds gcn¢rated Legacies ants receivabl¢ 38J69 8,679 25,259 14,768 4,415 34J97 12,976 1.422 121,589 17,885 279,759 37,810 8,048 28,654 16,433 2.581 43,780 17,121 10,806 165,233 ChAr5table actItA¢S Music d¢partsn¢nt incom¢ Education department Bellnngers incollLe Fees foT wed(h'ngs and fulleTals Events 22J71 35 1,695 6,781 13,488 50.019 369 1,055 7,663 58.465 117,571 44.685 Other tr*ding a¢tlvSlAes Fwidraising cvents Shop income Minster hire Printing and banner space 102,146 22,400 29,640 6,798 160,984 18,228 20,528 7,494 46,250 Investment Income Deposit account interest Jncome frvTn endowments 3,145 10,891 5.515 7,612 14,036 13,127 Totsl income 499,464 342,181
THE HALIFAX MINSTER NOTES TO THE DETAILED STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 DECEMBER 2025 Expettditure Cost$ of ratslng donailons ley¢les Costs of Btewardship scherne 83 74 Costj of otber trxdlng actlvhles Shop purchases Cost of staging fimdraising events 1&965 65J46 15,039 82211 15,039 Expenditure on ch#ritble ¢tlJltle8 Religious *ctivAty Parish share Clergy expenses Upk¢¢p of servlces Bell ringers Funeral disp310$ (Page 15) Swpport c•sts Wages and salaries OpCrIng leases Minsler TUDning- Minster Tunning- water rdte Minsl¢r running- ¢l¢ctrictty Minster-mainlenanc¢ 60J04 5.699 1&165 lJ72 7J60 92900 57,729 4.712 8,492 460 6,024 77,417 S71] 3916 11,429 337 3,114 9J93 9J78 5,787 2,137 4AOI 2.470 23,482 3,788 5.552 5,904 A.958 23,003 48,170 5,405 5,974 283 6,156 9,619 8,644 9.527 1.655 7,678 2.039 2.246 Minster cleaning Minster running- telephone and broadband Office costs D¢preciation Ixgal and professional fees Publi¢ity and PR Minst¢r giving Publicity and PR Training and confercnccs Minster major Tepairs - SITtur¢ Rent and ¢xp¢ns¢s of offices (Page 15) 5.678 8.819 60 3.485 4,566 134,404 179,126 25
THE HALIFAX MINSTER NOTES TO THE DETAILED STATEMENT OF FINANCIAL ACTivrrtES (tsAd..•4) YEAR ENDED 31 DECEMBER 2025 2025 2024 Music depthment Musi¢ d¢partment costs Educatlon department Education department costs Events Cost of stagitig charitabl¢ ¢v¢nts 36,452 72.358 1,475 6,781 30.699 Total expenditure 399,028 325,591 Net {losses)IgalDs on Investments Gainsl{1058es) on cash hcld foT invcstmcnt purposcs 3,899 (6,808) Net income 96,537 23,398 26