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 -----**
Page 9
**/ /**
|**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.
Page 10
**/ /**
## **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**
Page 12