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2025-12-31-accounts

Charity registration number 1134147

THE PAROCHIAL CHURCH COUNCIL OF ST. MARY AND ALL SAINTS PARISH CHURCH CHESTERFIELD ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

ST. MARY AND ALL SAINTS PARISH CHURCH CHESTERFIELD

LEGAL AND ADMINISTRATIVE INFORMATION

The Parochial Church Council Canon Patrick Coleman Vicar Mr. John Gascoyne Lay Reader Mr. Colin McKenna Churchwarden Dr. Malcolm Wilkinson Mr. John Hague Lay Chairman & Churchwarden Mr. Chris Hutchinson Secretary Mrs. Sheila Barrett Treasurer Mr. Nigel Swann Ms. Kathy Crawshaw-Moore Ms. Jo Crawshaw-Moore Mrs. Linda Wilkinson Mr. Dominic Gavan Mr. Gregory McGhee Mr. Timothy Ball Mr. Roger Barrand Mr. Laurie Layland Charity number 1134147 Principal address The Parish Church of St. Mary and All Saints Church Way Chesterfield Derbyshire S40 1XJ Independent examiner John Henry Francis King Chartered Certified Accountant John H. F. King Chartered Certified Accountants 119 High Street Clay Cross Chesterfield Derbyshire S45 9DZ

ST. MARY AND ALL SAINTS PARISH CHURCH CHESTERFIELD

CONTENTS

Page
The Parochial Church Council report 1 - 4
Independent examiner's report 5
Statement of financial activities 6
Balance sheet 7
Statement of cash flows 8
Notes to the financial statements 9 - 21

ST. MARY AND ALL SAINTS PARISH CHURCH CHESTERFIELD

REPORT OF THE PAROCHIAL CHURCH COUNCIL

FOR THE YEAR ENDED 31 DECEMBER 2025

The Parochial Church Council presents its annual report and financial statements for the year ended 31 December 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).

Objectives and activities

St. Mary and All Saints Parochial Church Council (PCC) has the responsibility, with the incumbent, of promoting in the ecclesiastical parish the whole mission of the Church of England; pastoral, evangelistic, social, and ecumenical. It also has the responsibility for St. Leonard's Mission Church, Spital and the Saints Parish Centre.

The PCC is committed to enabling as many people as possible to worship at our church and to become part of our parish community. The PCC maintains an overview of worship throughout the parish and makes suggestions on how our services can involve the many groups that live within our parish. Our services and worship put faith into practice through prayer and scripture, music and sacrament.

When planning our activities for the year, the incumbent and the PCC have considered the Charity Commission's guidance on public benefit and in particular, the specific guidance on charities for the advancement of religion. In particular, we try to enable ordinary people to live out their faith as part of our parish community through:

To facilitate this work it is important that we maintain the fabric of the church, St. Leonard's Mission Church, and the Saints Parish Centre.

ST. MARY AND ALL SAINTS PARISH CHURCH CHESTERFIELD

REPORT OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2025

Achievements and performance

Charitable Activities

MAJOR TOPICS DISCUSSED AND ACTIONED BY PCC DURING THE YEAR

Although a lot of PCC business is, by necessity, taken up with the everyday running of the church-housekeeping, budgeting for larger capital projects, health and safety, church fabric, safeguarding etc. PCC has also covered the following items:

Financial review

Financial Position

For the year ended 31 December 2025, the PCC had total incoming resources of £286,098, (2024 £195,162) and total resources expended of £282,819, (2024 £229,066). There were unrealised losses on investments of £10,916, (2024 unrealised gains on investments of £5,918) resulting in a net decrease of funds for the year of £7,637, (2024 net decrease of £27,986).

Reserves Policy

It is considered that the unrestricted funds not committed or invested in assets (the free reserves) should be equivalent to the cost of maintaining for one year the activities directly relating to the work of the church together with the normal annual expenditure on outward giving and church administration. This would amount in total to approximately £200,000 which the PCC considers to be the appropriate level bearing in mind the uncertain nature of much of its general income and the increased reliance on income generated from trading activities. So far as the balance of free reserves is concerned, the PCC is of the opinion that this amount will be wholly used in the completion of maintenance and refurbishment works to the church building.

ST. MARY AND ALL SAINTS PARISH CHURCH CHESTERFIELD

REPORT OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2025

Structure, governance and management

Governing document

The charity is an unincorporated charity directly responsible to The Church of England.

Organisational structure

MEMBERSHIP OF THE PAROCHIAL CHURCH COUNCIL

Members are either elected by the Annual Parochial Church Meeting in accordance with the Church Representation Rules, co-opted, invited or are ex officio.

The Parochial Church Council who served during the year and up to the date of signature of the financial statements were:

CLERGY

Canon Patrick Coleman - Incumbent

PARISH READER Mr. John Gascoyne

CHURCHWARDENS Mr. Colin McKenna Mr. John Hague ( Also Lay Chairman)

REPRESENTATIVES OF NORTH EAST DERBYSHIRE DEANERY SYNOD Mr. John Gascoyne (Also Diocesan Synod) Mr. Nigel Swann Mr. Gregory McGhee

ELECTED MEMBERS Mrs. Sheila Barrett (Treasurer) Mr. Chris Hutchinson (Secretary) Ms. Kathy Crawshaw-Moore Ms. Jo Crawshaw-Moore Mrs. Linda Wilkinson Mr. Dominic Gavan Mr. Timothy Ball (Also Diocesan Synod) Mr. Roger Barrand Dr. Malcolm Wilkinson Mr. Laurie Layland

The PCC meets monthly except for months with insufficient business, the APCM or other agreed reasons and is able to call extraordinary meetings if and when necessary.

ST. MARY AND ALL SAINTS PARISH CHURCH CHESTERFIELD

REPORT OF THE PAROCHIAL CHURCH COUNCIL

FOR THE YEAR ENDED 31 DECEMBER 2025

Decision making

PCC COMMITTEES

Normally these meet between regular PCC meetings as required.

STANDING COMMITTEE

Membership: Vicar, Churchwardens, Treasurer, PCC Secretary and Lay Chairman. This statutory committee has power to transact PCC business, subject to any directions given by the PCC.

FINANCE COMMITTEE

Membership: As standing committee.

The committee overseas the general financial work of the parish, by monitoring income and expenditure, budgeting and advising on investment of church funds.

ST. LEONARD'S MANAGEMENT COMMITTEE

Membership: Vicar, Churchwardens, Secretary, and all members of the congregation. Responsible to PCC for the fabric and management of St. Leonard's Mission Church.

THE SAINTS PARISH CENTRE

The Saints Parish Centre is managed by the church office and overseen by the Vicar.

CHURCH SHOP

Run by the Shop Manager (Mr. Colin McKenna) for PCC.

OTHER GROUPS RESPONSIBLE TO PCC Bell-Ringers Parish Church Choir Flower Guild

MEETINGS

PCC met eight times during the year, with an average attendance of 76.4%. Two members recorded 100% attendance at the meetings.

As well as PCC meetings:

Standing Committee (STACOM) met twice and FINCOM once.

Church Attendance

The Electoral Roll presented at the Annual Meeting in 2025 lists 98 parishioners. Average Sunday attendance was 117 (119 in 2024); Christmas attendance was 650 (669 in 2024); Easter attendance was 230 (251 in 2024). The estimated size of the whole worshipping community was 166 (158 in 2024). Attendance across an average week in October was 147 (139 in 2024).

Risk Management

The PCC have a duty to identify and review the risks to which the church is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

Approved by order of the Parochial Church Council and signed on its behalf by:

Mr. John Hague Lay Chairman & Churchwarden

17 March 2026

ST. MARY AND ALL SAINTS PARISH CHURCH CHESTERFIELD

INDEPENDENT EXAMINER'S REPORT

TO THE PAROCHIAL CHURCH COUNCIL OF ST. MARY AND ALL SAINTS PARISH CHURCH CHESTERFIELD

I report to the Parochial Church Council on my examination of the financial statements of St. Mary and All Saints Parish Church Chesterfield for the year ended 31 December 2025.

Responsibilities and basis of report

As The Parochial Church Council of St. Mary and All Saints Parish Church Chesterfield you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 ( the 2011 Act).

I report in respect of my examination of the Church's financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the Church's gross income exceeded £250,000, the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. I confirm that I am qualified to undertake the examination because I am a member of Association of Chartered Certified Accountants, which is one of the listed bodies.

Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. I understand that this has been done in order for the financial statements to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

John Henry Francis King Chartered Certified Accountant John H. F. King Chartered Certified Accountants 119 High Street Clay Cross Chesterfield Derbyshire S45 9DZ

Dated: 17 March 2026

ST. MARY AND ALL SAINTS PARISH CHURCH CHESTERFIELD

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 DECEMBER 2025

Unrestricted
Restricted
funds
funds
2025
2025
Notes
£
£
Income and endowments from:
Donations and legacies
3
132,471
1,947
Other trading activities
4
121,715
5,597
Investments
5
17,347
21
Other income
6
7,000
-
Total income
278,533
7,565
Expenditure on:
Raising funds
7
58,344
-
Charitable activities
8
216,683
7,792
Total expenditure
275,027
7,792
Net gains/(losses) on
investments
12
(10,916)
-
Net incoming/(outgoing)
resources before transfers
(7,410)
(227)
Reconciliation of funds:
Fund balances at 1 January
2025
723,513
1,648
Fund balances at 31
December 2025
716,103
1,421		 Total
Unrestricted
Restricted
funds
funds
2025
2024
2024
£
£
£
134,418
76,102
2,219
127,312
92,790
4,722
17,368
19,306
23
7,000
-
-
286,098
188,198
6,964
58,344
46,504
-
224,475
177,246
5,316
282,819
223,750
5,316
(10,916)
5,918
-
(7,637)
(29,634)
1,648
725,161
753,147
-
717,524
723,513
1,648		 Total
2024
£
78,321
97,512
19,329
-
195,162
46,504
182,562
229,066
5,918
(27,986)
753,147
725,161

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

ST. MARY AND ALL SAINTS PARISH CHURCH CHESTERFIELD

BALANCE SHEET

AS AT 31 DECEMBER 2025

Notes
Fixed assets
Tangible assets
14
Investments
15
Current assets
Stocks
17
Debtors
18
Investments
19
Cash at bank and in hand
Creditors: amounts falling due within
one year
20
Net current assets
Total assets less current liabilities
Income funds
Restricted funds
22
Unrestricted funds		 2025
£
20,160
8,930
246,618
3,274
278,982
(41,605)		 £
215,978
264,169
480,147
237,377
717,524
1,421
716,103
717,524		 2024
£
22,024
2,187
219,358
2,320
245,889
(10,169)		 £
219,468
269,973
489,441
235,720
725,161
1,648
723,513
725,161

The financial statements were approved by The Parochial Church Council on 17 March 2026

Canon Patrick Coleman Vicar

Mr. John Hague Lay Chairman & Churchwarden

ST. MARY AND ALL SAINTS PARISH CHURCH CHESTERFIELD

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2025

2025
Notes
£
£
Cash flows from operating activities
Cash generated from/(absorbed by)
operations
27
21,624
Investing activities
Purchase of tangible fixed assets
(5,666)
Purchase of investments
(5,112)
Movements in short term investments
(27,260)
Investment income received
17,368
Net cash (used in)/generated from
investing activities
(20,670)
Net cash used in financing activities
-
Net increase/(decrease) in cash and cash
equivalents
954
Cash and cash equivalents at beginning of year
2,320
Cash and cash equivalents at end of year
3,274		 2024
£
£
(42,369)
-
(4,858)
23,852
19,329
38,323
-
(4,046)
6,366
2,320

ST. MARY AND ALL SAINTS PARISH CHURCH CHESTERFIELD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

1 Accounting policies

Charity information

St. Mary and All Saints Parish Church Chesterfield is a parish church within the Church of England.

1.1 Basis of preparation

The financial statements have been prepared in accordance with the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The Church is a Public Benefit Entity as defined by FRS 102.

The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.

The financial statements are prepared in sterling, which is the functional currency of the . Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, The Parochial Church Council have a reasonable expectation that the Church has adequate resources to continue in operational existence for the foreseeable future. Thus The Parochial Church Council continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds comprise the General Fund which can be used for PCC ordinary purposes and funds designated for a particular purpose by the PCC.

Restricted funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund.

1.4 Income

Income is recognised when the Church is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the Church has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the Church has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

ST. MARY AND ALL SAINTS PARISH CHURCH CHESTERFIELD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

1 Accounting policies

(Continued)

1.5 Expenditure

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

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings 2% on cost Fixtures and fittings 20% on cost and at varying rates on cost Computers 33% on cost

Freehold land is not depreciated.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

Individual items of equipment used within the church office and the parish centre with a purchase price of £500 or less are written off when the asset is acquired.

Consecrated and benefice property is not include in the accounts in accordance with Section 10(2)(a) and (c) of the charities act 2011.

Moveable church furnishings held by the vicar and churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the church's inventory, which can be inspected at any reasonable time. No value has been placed on these items prior to 2015 as insufficient cost information is available.

All expenditure incurred during the year on consecrated or benefice buildings and individual items under £1000, or on the repair of movable church furnishings acquired before 2015 whether maintenance or improvement, is written off as expenditure in the Statement of Financial Activities.

1.7 Fixed asset investments

Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net income/(expenditure) for the year. Transaction costs are expensed as incurred.

1.8 Impairment of fixed assets

At each reporting end date, the Church reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

ST. MARY AND ALL SAINTS PARISH CHURCH CHESTERFIELD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

1 Accounting policies

(Continued)

1.9 Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Items held for distribution at no or nominal consideration are measured the lower of replacement cost and cost.

Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution.

1.10 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.11 Financial instruments

The Church has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Church's balance sheet when the Church becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Church's contractual obligations expire or are discharged or cancelled.

1.12 Taxation

The charity is exempt from tax on its charitable activities.

ST. MARY AND ALL SAINTS PARISH CHURCH CHESTERFIELD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

1 Accounting policies

(Continued)

1.13 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.14 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.15 Donated services

General volunteers

The contribution of general volunteers cannot be measured reliably and therefore is not included as income within the charity accounts. The work of general volunteers is however crucial for the charity to continue its fundraising and charitable activities.

2 Critical accounting estimates and judgements

In the application of the Church's accounting policies, The Parochial Church Council are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3 Donations and legacies

Unrestricted
Restricted
funds
funds
2025
2025
£
£
Donations and gifts
71,510
1,776
Legacies receivable
39,079
-
Grants receivable for
core activities
10,000
-
Gift aid
11,882
171
132,471
1,947
Grants receivable for
core activities
Cathedral Music Grant
-
-
Chesterfield Borough
Council Light Show
10,000
-
10,000
-		 Total
Unrestricted
Restricted
funds
funds
2025
2024
2024
£
£
£
73,286
64,650
1,915
39,079
-
-
10,000
700
-
12,053
10,752
304
134,418
76,102
2,219
-
700
-
10,000
-
-
10,000
700
-		 Total
2024
£
66,565
-
700
11,056
78,321
700
-
700

ST. MARY AND ALL SAINTS PARISH CHURCH CHESTERFIELD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

3 Donations and legacies

(Continued)

4 Income from other trading activities

Unrestricted
Restricted
funds
funds
2025
2025
£
£
Votive candles
6,856
-
Tower visits
6,014
-
Fundraising events
31,800
-
Church shop income
50,850
-
Saints parish centre
1,881
-
Christmas tree festival
14,804
-
Fees and church usage
9,510
5,597
Other trading activities
121,715
5,597
5
Income from investments
Unrestricted
Restricted
funds
funds
2025
2025
£
£
Dividends and interest
17,347
21		 Total
Unrestricted
Restricted
funds
funds
2025
2024
2024
£
£
£
6,856
6,265
-
6,014
4,471
-
31,800
11,223
-
50,850
47,942
-
1,881
2,581
-
14,804
12,193
-
15,107
8,115
4,722
127,312
92,790
4,722
Total
Unrestricted
Restricted
funds
funds
2025
2024
2024
£
£
£
17,368
19,306
23		 Total
2024
£
6,265
4,471
11,223
47,942
2,581
12,193
12,837
97,512
Total
2024
£
19,329

6 Other income

Unrestricted Unrestricted
funds funds
2025 2024
£ £
Insurance claim 7,000 -

ST. MARY AND ALL SAINTS PARISH CHURCH CHESTERFIELD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

7 Raising funds

Unrestricted Unrestricted
funds funds
2025 2024
£ £
Fundraising expenses
Purchases 23,765 24,135
Movement in stock 1,864 (1,355)
Parish centre and shop overheads 11,185 13,194
Fundraising costs 17,251 4,762
Christmas tree festival 138 159
Depreciation and impairment 4,141 5,609
58,344 46,504

ST. MARY AND ALL SAINTS PARISH CHURCH CHESTERFIELD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

8 Charitable activities

Staff costs
Depreciation and impairment
Diocesan parish share
Other ministry costs
Church maintenance
Church running expenses
Upkeep of services
Office administration
Irrecoverable VAT
Missionary giving
Share of support costs (see note )
Analysis by fund
Unrestricted funds
Restricted funds
Support costs are independent examination and accountancy costs.
9
Net movement in funds
The net movement in funds is stated after charging/(crediting):
Fees payable for the independent examination of the charity's financial
statements
Depreciation of owned tangible fixed assets		 2025
£
69,154
5,015
72,927
2,418
16,108
41,979
7,922
4,256
2,821
-
222,600
1,875
224,475
216,683
7,792
224,475		 2024
£
77,585
3,705
40,000
3,286
6,541
34,473
8,157
4,465
1,654
896
180,762
1,800
182,562
177,246
5,316
182,562
2025
£
975
9,156		 2024
£
975
9,314

10 The Parochial Church Council

None of The Parochial Church Council (or any persons connected with them) received any remuneration or benefits for their services as trustees from the Church during the year. During the year and the previous year two members of the PCC were paid for their services in other roles: Mr. Dominic Gavan, verger £1009 (2024 £401) and Mrs Rebecca Landers Saints Parish Centre cleaner £94 (2024 £225).

ST. MARY AND ALL SAINTS PARISH CHURCH CHESTERFIELD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

11 Employees

The average monthly number of employees during the year was:

2025 2024
Number Number
Vergers 2 2
Organist and choirmaster 1 1
Events co-ordinator 1 1
Saints Parish Centre cleaner 1 1
Total 5 5
Employment costs 2025 2024
£ £
Wages and salaries 67,027 74,708
Social security costs 804 1,173
Other pension costs 1,323 1,704
69,154 77,585

There were no employees whose annual remuneration was more than £60,000.

12 Gains and losses on investments

Unrestricted Unrestricted
funds funds
2025 2024
Gains/(losses) arising on: £ £
Revaluation of investments (10,916) 5,918

13 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

ST. MARY AND ALL SAINTS PARISH CHURCH CHESTERFIELD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

14 Tangible fixed assets

Freehold land
and buildings
Fixtures and
fittings
Computers
£
£
£
Cost
At 1 January 2025
257,052
109,419
1,485
Additions
-
4,336
1,330
Disposals
-
(9,451)
(1,485)
At 31 December 2025
257,052
104,304
1,330
Depreciation and impairment
At 1 January 2025
115,948
31,055
1,485
Depreciation charged in the year
4,141
4,572
443
Eliminated in respect of disposals
-
(9,451)
(1,485)
At 31 December 2025
120,089
26,176
443
Carrying amount
At 31 December 2025
136,963
78,128
887
At 31 December 2024
141,104
78,364
-		 Total
£
367,956
5,666
(10,936)
362,686
148,488
9,156
(10,936)
146,708
215,978
219,468

Included in cost or valuation of land and buildings is freehold land of £50,000 (2024-£50,000) which is not depreciated.

The freehold property comprises the Saints Parish Centre, St. Mary's Gate, Chesterfield.

15 Fixed asset investments

Listed
investments
£
Cost or valuation
At 1 January 2025 269,973
Additions 5,112
Valuation changes (10,916)
At 31 December 2025 264,169
Carrying amount
At 31 December 2025 264,169
At 31 December 2024 269,973
16 Financial instruments
2025 2024
£ £
Carrying amount of financial assets
Instruments measured at fair value through profit or loss 246,618 219,358

ST. MARY AND ALL SAINTS PARISH CHURCH CHESTERFIELD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

17
Stocks
Church Shop Stock
18
Debtors
Amounts falling due within one year:
Other debtors
Prepayments and accrued income
19
Current asset investments
Cash deposits
20
Creditors: amounts falling due within one year
Other taxation and social security
Other creditors
Accruals and deferred income
21
Retirement benefit schemes
Defined contribution schemes
Charge to profit or loss in respect of defined contribution schemes		 2025
£
20,160
2025
£
8,930
-
8,930
2025
£
246,618
2025
£
430
369
40,806
41,605
2025
£
1,323		 2024
£
22,024
2024
£
1,687
500
2,187
2024
£
219,358
2024
£
2,547
-
7,622
10,169
2024
£
1,704

The Church operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the Church in an independently administered fund.

ST. MARY AND ALL SAINTS PARISH CHURCH CHESTERFIELD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

22 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1
Previous year:
At 1		 January
2025
Incoming
resources
Resources
expended
At 31
December
2025
£
£
£
£
1,648
7,565
(7,792)
1,421
January
2024
Incoming
resources
Resources
expended
At 31
December
2024
£
£
£
£
-
6,964
(5,316)
1,648

23 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1
General funds
Previous year:
At 1
General funds		 January
2025
Incoming
resources
Resources
expended
Gains and
losses
At 31
December
2025
£
£
£
£
£
723,513
278,533
(275,027)
(10,916)
716,103
January
2024
Incoming
resources
Resources
expended
Gains and
losses
At 31
December
2024
£
£
£
£
£
753,147
188,198
(223,750)
5,918
723,513

ST. MARY AND ALL SAINTS PARISH CHURCH CHESTERFIELD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

24 Analysis of net assets between funds

Unrestricted
Restricted
funds
funds
2025
2025
£
£
At 31 December 2025:
Tangible assets
215,978
-
Investments
264,169
-
Current assets/(liabilities)
235,956
1,421
716,103
1,421
Unrestricted
Restricted
funds
funds
2024
2024
£
£
At 31 December 2024:
Tangible assets
219,468
-
Investments
269,973
-
Current assets/(liabilities)
234,072
1,648
723,513
1,648		 Total
2025
£
215,978
264,169
237,377
717,524
Total
2024
£
219,468
269,973
235,720
725,161

25 Nature of Funds

The unrestricted funds comprise the General Fund and one designated fund, the Legacies Fund which arises from recent legacies and is earmarked for specific expenditure at the discretion of the PCC. Included within the General Fund are the accounts of the following church groups: Church Shop, Flower Guild, Choir, Bell-ringers, and Saints Parish Centre.

The Restricted Fund comprises the St. Leonard's Mission Church Fund - for the upkeep and maintenance of St. Leonard's Mission Church Spital Chesterfield.

26 Related party transactions

There were no disclosable related party transactions during the year (2024 - none).

ST. MARY AND ALL SAINTS PARISH CHURCH CHESTERFIELD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

27 Cash generated from operations 2025 2024
£ £
Deficit for the year (7,637) (27,986)
Adjustments for:
Investment income recognised in statement of financial activities (17,368) (19,329)
Fair value gains and losses on investments 10,916 (5,918)
Depreciation and impairment of tangible fixed assets 9,156 9,314
Movements in working capital:
Decrease/(increase) in stocks 1,864 (1,355)
(Increase)/decrease in debtors (6,743) 692
Increase in creditors 31,436 2,213
Cash generated from/(absorbed by) operations 21,624 (42,369)