THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF KENWYN WITH ST ALLEN ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Registered Charlty Number 1134349
Report and Accounts for the Parochial Church Council of the Ecclesiastical Parish of Kenwyn with St Allen for the Year Ended 31[st] December 2025
| Table of Contents | Page Number |
|---|---|
| Trustees’ Report | 2-4 |
| Independent Examiners Report | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to the Financial Statements | 8-12 |
Page 1
Parish of Kenwyn with St Allen Annual Report 2025
PCC Secretary Mrs Helen Perry
Parish Mission Statement
1. To support and nurture the spiritual development of our members, young and old.
We aim to do this by worshipping, praying and learning together as a church and with Christians of other traditions and by being prepared to embrace new challenges on our journey of faith.
2. To foster Christian spiritual development in those outside the main church community.
We do this through evangelism, through contact with schools, by welcoming newcomers and nurturing new believers of all ages.
3. To serve and support the needs of our own communities and further afield.
We do this by visiting the elderly, the ill & the bereaved, by offering support to families and by engaging with churches and charitable organisations at home and abroad through prayer and financial support.
4. To support and encourage each other in our daily life and to bear witness outside the church community.
We do this by responding to the needs of one another and by encouraging all kinds of individual involvement in our local community.
5. To support the Church of England’s National Environmental Campaign to address in faith, practice and mission the issues of sustainability and climate change.
We do this by challenging, encouraging and supporting each other to live and work in a more sustainable and environmentally sensitive way.
The Parochial Church Council
The PCC is a corporate body established by the Church of England. It operates under the Parochial Church Council Powers measure. The appointment of PCC members is governed by, and set out in, the Church Representation Rules. The PCC is registered with the Charity Commission, number 1134349.
PCC members who are also Trustees by definition under Charities Law unless indicated otherwise, both current and during 2025, were as follows:
| Churchwardens: | Mr David Burgess | |
|---|---|---|
| Mr Adrian Hare | ||
| Mr David Lovelock | ||
| Mrs Maureen Woodhouse | ||
| Deanery Synod: | Mrs Jane Cameron | |
| Mrs Anthea Lovelock | ||
| Mr David Lovelock | ||
| Elected members: | Mr Ian Beacham | (From May 2025) |
| Mr Arthur Carveth | ||
| Mr Brian MacKenley | (January – May 2025) | |
| Mrs Helen Perry | ||
| Mr Robert Perry | ||
| Mr John Richardson | ||
| Mr Hugh Sharp | (January – May 2025 | |
| Mrs Elizabeth Rickard | (From May 2025) | |
| Mrs Mary Ann Trethewey | ||
| Ms Kerensa Vercoe-Rogers | (From May 2025) | |
| Mr Chris Wells |
The appointment of PCC members is governed by, and set out in, the Church Representation Rules. All PCC members are offered, and undertake, training by the Diocese especially in relation to Safeguarding.
Page 2
The Parochial Church Council is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure.
Treasurer: Mr Tom Roach, whilst not a member of the PCC, attended most meetings to report on financial issues in an advisory capacity.
Local Minister: Rev Andy Boorne was assigned to Kenwyn Church in September 2022 under an ongoing pastoral re-organisation scheme and attended PCC meetings.
Public Benefit
The PCC is a public benefit entity and the trustees have had due regard to the Charity Commission’s guidance on public benefit
Day to Day Management
During pastoral reorganisation this was passed to Rev Marc Baker, (Rural Dean), and subsequently Rev Penny Leach (Strategic Rural Dean), assisted by Rev Andy Boorne (Kenwyn), and Rev Di Willoughby (St Allen), and PCC representatives / Church Leadership Teams.
Financial information
Bank: (main account) Bank: (project account) Barclays Bank PLC Lloyds Bank PLC 14 King Street 15 Blackheath Village Truro London TR1 2RB SE3 9LH
Independent Examiner:
Luke Bennett PKF Francis Clark Lowin Hose Tregolls Road Truro Cornwall, TR1 2NA
Church Location
Kenwyn Church (St Keyne) TR1 3DR located at Ordnance Survey Grid Reference: SW819459
St Allen Church (St Alunus/St Alleyne) TR4 9QX located at Ordnance Survey Grid Reference: SW822507
Parish statistics for 2025
Number on Electoral Roll: 90 Baptisms: Kenwyn: 4 St Allen: 4 Confirmations: 0 Weddings: Kenwyn: 2 St Allen: 1 Wedding Blessing Kenwyn: 0 St Allen: 0 Funerals: Kenwyn: 8 in church 2 at Crematorium St Allen: 1 in church Average Sunday Attendance: Kenwyn: Under 16: 6 Over 16: 44 St Allen: Under 16: 0 Over 16: 28
Page 3
PCC Policies
The primary objective of the PCC is the promotion of the Gospel of our Lord Jesus Christ according to the doctrines and practices of the Church of England. The PCC (Powers) Measure 1956 states the PCC is to co - operate with the minister in promoting in the parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical.
The PCC regularly reviews its policies and procedures:
The agreed reserves policy is to keep in reserve sufficient funds to cover six months’ expenditure from the general fund, excluding Mission and Ministry fund payments and any charitable giving.
Going Concern - the Trustees have concluded that there are no material uncertainties about the PCC’s ability to continue as a going concern as the Charity holds substantial reserves, and if these are compared against known and anticipated levels of liabilities expected to be faced by the PCC they are confident that there is no significant risk of any financial failure.
The Health and Safety policy has been regularly reviewed and risk assessments undertaken where required throughout 2025.
The parish is committed to the safeguarding of children, young people and vulnerable adults / all adults. The PCC follows the House of Bishops guidance and policies and has complied with Section 5 of the Safeguarding and Clergy Discipline Measure 2016. The PCC has noted the Safeguarding Policy Statement Promoting a Safer Church, House of Bishops 2017, follows the guidance on Safer recruitment and People Management and has appointed a Safeguarding and Recruitment Officer. Training courses on a variety of subjects are available, arranged by the Diocese.
PCC Committees
Six full PCC meetings took place during 2025. In preparation for the long anticipated split between Kenwyn & St Allen Churches each church has formed their own Leadership Team to oversee the running of each individual church. During 2025 Kenwyn members held eight meetings and St Allen seven.
Kenwyn:
Rev Andy Boorne (Curate) was appointed Local Minister in September 2022.
St Allen:
A Local Minister is still to be appointed. Rev Di Willoughby offers assistance as required.
Financial Review
The PCC increased voluntary giving before bequests by 12% in the period. Expenditure was lower due to one off expenditure on church fabric in the prior year. Overall there was a small surplus following falls in investment values. This was something that was disappointing, and the Diocese, who maintain relations with CCLA, the main fund managers, have this under review.
General Review and Achievements
2025 was another difficult year for the Parish with the uncertainties regarding pastoral re-organisation. Thanks are expressed to the Leadership Teams who have risen to the ongoing challenges. Rev Andy Boorne has worked tirelessly at Kenwyn, assisted by the Churchwardens and Local Worship Leaders. There has not been an appointment of a Minister for St Allen church, so leadership has fallen mainly to the Churchwardens, ably assisted by other members of the congregation. During the Transition period many retired clergy have officiated at St Allen and their ongoing support is greatly appreciated As well as the regular services social events and concerts have been held in both churches aiming for further outreach into local communities.
Helen Perry (PCC Secretary)
Page 4
Report and accounts for the PCC of the Parish of Kenwyn with St Allen for the year ended 31 December 2025
Independent examiner's report to the Trustees of the PCC of the Parish of Kenwyn with St Allen
I report to the trustees on my examination of the accounts for the PCC of the Parish of Kenwyn with St Allen for the year ended 31 December 2025, which are set out on pages 6 - 12
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the Act).
I report in respect of my examination of the Trustee's accounts carried out under section 145 of the 2011 Act and 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
I have completed my examination.
I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- 1) accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2) the accounts do not accord with those records; or
3) the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination.
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 accounts to be reached.
Page 5
STATEMENT OF FINANCIAL AcfiviTIES FOR THE YEAR ENDED 31 DECEMBER 2015 Endowrnent Fund5 TOtsI W>25 2024 Fund5 Unrestricted Funds Notes IP4COMÉANO(NI)OWMENrs Voluntary income Attlvltlos for8Èner•ingfunds 145.056 IA39 11,147 26.651 1,429 17,157 26.051 6,210 14,746 24.732 Other Incom TOTAIINCOME 210 184.574 EXPENDITURE 81.166 119.478 TOTALEXPENDITURE NETIEXPENDITUREII INCOMEBEFORE INVE5TMENTGAINS YJ.229 1.452 52.721 65.056 NETILOSSESIIGAINS ON INVESTMENTS 6,7481 118,2791 11,fj661 126,7921 24,551 NET INCOMEIIEXPENDITUREI 23ABI 115.7871 5.930 B9.047 NETMOVEMENT IN FVNDS 23A81 115,7871 11,6661 5,930 89,647 TOTALFUNOSgROUGHT FORWARO 229,286 587,983 01,119 98,656 996,444 90&797 TiJnsferbel¥veen ie>Erve5 TOTALFUNDSCARRIED FORWARO 252 757 1002 174 414 Page 6
Approved by the PCC on 22[nd] April 2026
Treasurer
Page 7
Notes to the Financial Statements
Statutory information
The PCC is a corporate body established by the Church of England. The PCC is registered at the Charities Commission number 1134349. The registered office is 3 The Hideaway, Tremorvah Barton, Truro, TR1 1NR.
The financial statements cover an individual entity.
Basis of financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102 have been prepared in accordance with the church accounting regulations 2006, the Charities SORP (FRS102) (effective 1[st] January 2019) and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, as modified by the revaluation of investments which are stated at fair value.
Financial instruments
The accounts have been prepared under receipts and payments basis.
Fund accounting
Endowment funds are funds, the capital of which is maintained permanently or at the PCC’s discretion. The income derived is utilised for the purposes specified by the purpose set out when established.
Restricted funds are funds, the capital and interest of which are utilised for the purposes specified when originally established.
Unrestricted designated funds are general unrestricted funds as designated by the PCC. The PCC agreed to withdraw designations during the period to simplify the financial reporting.
Unrestricted funds are funds used at the PCC’s discretion.
Income
Planned giving and similar donations are recognised when received. Tax refunds are now recognised when received. Legacies are recognised on receipt.
Expenditure
All expenditure is recognised when incurred and accounted for gross. Any VAT which can be claimed back under specific rules is recognised as income receipt.
Reserves Policy
The policy for the General Account is to seek to maintain reserves at the level represented by six months estimated expenditure. As at 31[st] December 2025 the charity had free reserves for this purpose of £252,766.
Tangible fixed assets
Consecrated and benefice property is not included in the accounts in accordance with s10(2) (a) and (c) of the Charities Act 2011.
Investments:
Fixed asset investments consist of units purchased in investment funds which are only available to charitable organisations with objects closely connected to the Church of England. These investments are stated at fair value at the end of the reporting period.
Page 8
----- Start of picture text -----
Restricted Endowment Total 2025 2024
Funds Funds
£ £ £ £
- - 33,619 32,943
- - 7,956 9,256
0 - 47 57
- - 15,648 16,044
- - 0 0
- - 0 0
- - 6,458 0
- 0 0 79,160
- - 4,712 2,636
0 - 0 5,000
0 - 0 0
0 0 68,440 145,096
- - 1,439 0
0 0 1,439 0
- - 880 703
- - 8,859 13,937
7,618
- - 0 4,000
0 0 17,357 18,640
- - 645 304
0 - 6,934 5,940
- - 1,661 430
- 0 17,410 13,556
0 0 26,651 20,230
0 0 113,887 104,097
10
----- End of picture text -----
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/ /
| EXPENDITURE Church Activities Ministry : Diocesan parish share Other ministry costs Church Running and Maintenance Church Repairs - Projects Organ Repairs Lychgate Costs Charitable Donations Independent Examination Fee Other Payments Total Resources Expended |
Unrestricted Funds £ 37,553 13,103 17,728 5,207 321 1,151 1,855 0 530 77,448 |
Unrestricted Designated Funds Restricted Funds Endowment Funds Total 2025 £ £ £ £ - - - 37,553 - 0 - 13,103 - 0 0 17,728 3,718 0 - 8,925 - 0 - 321 - - - 1,151 - - - 1,855 - - - 0 - - 530 3,718 0 0 81,167 |
Total 2024 £ 36,318 16,901 16,671 46,541 0 1,700 961 0 385 |
|---|---|---|---|
| 119,478 | |||
2 EXPENDITURE
3 Related Party Transactions
There were no related party transactions during the period.
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/ /
4 FIXED ASSETS
| FIXED ASSETS | ||||
|---|---|---|---|---|
| Investments Market Value per accounts 1 January 25 Inclusion of Rabey Legacy Fund Received In period Utilised in period Unrealised gains 31 December 2025 Market Value 31 December 2025 |
Unrestricted Funds £ 168,791 0 (6,748) 162,043 |
Unrestricted Designated Funds Restricted Funds £ £ 587,384 78,791 0 - 0 (18,279) (98) 569,105 78,693 |
Endowment Funds £ 98,655 0 - (1,666) 96,989 |
Total £ 933,621 0 0 0 (26,792) |
| 906,829 |
5 Current Assets
Accounts are prepared on a receipts and payments basis.
6 Funds (Investments)
Unrestricted Funds comprise the bequests of Miss Noon 100% (88%:2023) and All Saints Parsonage House
Restricted Funds comprise the Gill Organ Fund - for the maintenance of the organ in Kenwyn Church and Kenwyn Windows Fund Miss Noon Bequest 0% (11.17%:2023) - to be spent on the maintenance of the belfry and fabric of Kenwyn Church, Designated funds - The Rabey Legacy Fund has been included in these accounts. Interest from this fund is currently used for the upkeep of the church and graveyard.
Endowment Funds comprise the Idless Fund - to be used solely for the repair and upkeep of Kenwyn Church,
St Allen Lanyon - for the maintenance of St Allen Churchyard and Income arising in cash and Stoot Fund for general use in Kenwyn.
Page 11
7 MOVEMENT IN FUNDS
| Unrestricted Funds General accounts Miss Noon Investment All Saints House investment Total Unrestricted Restricted Funds Gill Organ Investment Kenwyn Windows Investment Kenwyn Roof Organ Fund Choir Fund Bell Fund Kenwyn Graveyard Flower Festival and Kenwyn Tree Gift Investment income held Total Restricted Designated funds Wayleave Cushions Rabey Endowment Funds Idless former Mission Church Stoot fund Lanyon (St Allen) Investment Income Held Total Unrestricted Tota SUMMARY OF ASSETS MOVEMEN |
At 1/1/25 £ 60,495 123,843 44,948 229,286 3,543 75,248 0 493 0 1,535 0 300 0 81,119 0 587,383 |
Net Movement in Funds £ 30,229 |
Transfers Between Funds £ 0 - 0 - 0 0 - - - - - 0 0 0 0 - - 0 Restricted Funds £ 81,119 0 0 (97) 81,022 |
Transfers Between Funds £ 0 0 0 |
Investment gains / (losses) Balance 31/12/25 £ £ 90,724 (4,951) 118,892 (1,797) 43,151 (6,748) 252,767 - (41) 3,502 - (57) 75,191 - - 0 - 493 - - 0 - - 1,535 - - 0 - - 300 - - 0 (97) 81,021 0 2,492 -18,279 569,104 -18,279 571,596 (342) 17,903 (1,355) 77,805 - 31 1,282 - - 0 (1,666) 96,990 - (26,791) 1,002,375 Endowment Funds Total £ £ 98,656 996,444 0 113,887 0 (81,166) (1,666) (26,791) - 0 0 96,990 1,002,375 |
|
|---|---|---|---|---|---|---|
| 30,229 | 0 | |||||
| Unrestricted Designated Funds £ 587,383 6,210 (3,718) (18,279) 0 0 571,596 |
0 0 0 0 |
|||||
| 0 | 0 | |||||
| 2,492 0 |
0 0 |
|||||
| 587,383 | 2,492 | 0 | ||||
| 18,245 79,160 1,251 0 98,656 l 996,444 TS Unrestricted Funds £ 229,286 107,677 (77,448) (6,748) 252,766 |
0 0 |
|||||
| 0 | 0 | |||||
| 32,721 | ||||||
| Balance at 1 January 2025 Income Expenditure Investment (Losses) / Gains Transfers between funds (note 8) Inclusion of Rabey Balance at 31 December 2024 |
8 SUMMARY OF ASSETS MOVEMENTS
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