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2025-12-31-accounts

Parish of St Mary with St Peter, Bury St Edmunds

Church of England Diocese of St Edmundsbury and Ipswich (Thingoe Deanery)

Parish of St Mary with St Peter, Bury St Edmunds

Annual Report

and

Financial Statements

of the Parochial Church Council

for the year ended 31 December 2025

The Parochial Church Council of the Ecclesiastical Parish of St Mary with St Peter, Bury St Edmunds is a registered charity, number 1134666.

Annual Report for the year ending 31 December 2025

1. REFERENCE AND ADMINISTRATIVE DETAILS 3
INDEPENDENT EXAMINER 3
2. STRUCTURE, GOVERNANCE AND MANAGEMENT 3
PCC MEMBERSHIP 4
COMMITTEES 5
3. CHARITABLE AIMS AND PURPOSES 6
PARISH STATISTICS 6
4. CHARITABLE OBJECTIVES 6
5. ACHIEVEMENTS AND PERFORMANCE 8
WORSHIP MINISTRIES 8
ELECTORAL ROLL AND MEMBERSHIP 11
RAISING VOLUNTARY INCOME THROUGH GIVING 11
PARISH SHARE 11
OTHER ACTIVITIES 12
OPERATING BUILDINGS 12
6. STAFFING AND EMPLOYMENT 14
7. FINANCIAL REVIEW 15
8. PLANS FOR THE FUTURE 17

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Annual Report for the year ending 31 December 2025

1. REFERENCE AND ADMINISTRATIVE DETAILS

St Mary with St Peter Parochial Church Council, Parish Office, St Mary’s Church, Honey Hill, Bury St Edmunds, Suffolk IP33 1RT.

Email address for further information: jackie.crofts@stmaryschurchbse.org

Websites: stmaryschurchbse.org, stpetersbse.uk

Parish legal name: Bury St Edmunds, St Mary.

Benefice name: Bury St Edmunds: St Mary with St Peter’s District Church

The PCC banks with Royal Bank of Scotland, Drummond House, Edinburgh EH12 9JN and with HSBC, 54 Abbeygate Street, Bury St Edmunds IP33 1LJ.

INDEPENDENT EXAMINER

Robin Jackson FCA, Chartered Accountant, Churchgate Accountants Ltd, 18 Langton Place, Bury St Edmunds IP33 1NE.

2. STRUCTURE, GOVERNANCE AND

MANAGEMENT

The PCC has, as a governing document, two pieces of Church of England legislation, called Measures. These are the Parochial Church Councils (Powers) Measure 1956 as amended and the Church Representation Rules 2020 as amended.

The PCC is constituted as an unincorporated association. It is registered as a charity with the Charity Commission.

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Annual Report for the year ending 31 December 2025

PCC MEMBERSHIP

Lay representatives of the Diocesan and Deanery Synods, Licensed Lay Ministers and Churchwardens are ex-officio members of the PCC. Lay members were elected at the Annual Parochial Church Meeting (APCM), held in May 2025.

Vicar The Revd Canon Tiffer Robinson Associate Vicar (St Peter’s) The Revd Andy Williams Parish Churchwardens Brian Jones (St Mary’s), Philip Lloyd-Jones (St Peter’s ) District Churchwardens Rosie Perham (St Mary’s), Gary McDowell (St Peter’s) Deanery Synod Lay Representatives Joanna French (St Mary’s), Philip Lloyd-Jones (St Peter’s) Caroline Anderson (St Peter’s) PCC Treasurer Colin Firth PCC Secretary Daniel Holt Elected members (St Mary's) Nigel Beeton, Colin Firth, Robin Goodchild, Stephen Mills, Joanne Peachey Elected members (St Peter's) Phil Hymers, Stuart Lowe, Ian Nurcombe, Jane Turner Co-opted members Rob Bream Diocesan Synod Lay Representatives Peter Boyt (ex officio)

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Annual Report for the year ending 31 December 2025

COMMITTEES

The Parochial Church Council (PCC) is the trustee body of the charity and is constituted under the Church Representation Rules. The PCC usually meets quarterly. During 2025, the PCC met four times. The Annual Meeting of Parishioners and Annual Parochial Church Meeting was held on 11 May 2025. As usual, this was combined with a service of rededication.

The PCC elected a PCC Standing Committee consisting of the vicar, associate vicar, curate, vice-chair, secretary, treasurer of St Peter’s, treasurer of St Mary’s, churchwardens and district churchwardens. The standing committee has the power to transact the business of the PCC between its meetings, subject to any directions given by the Council. The standing committee did not meet during 2025. The Thomas Clarkson Centre Management Committee is chaired by David Crofts and covers all aspects of the use and maintenance of this parish asset.

St Mary's and St Peter's District Church Councils (DCCs). The two churches work together under a Scheme of Delegation. Each has its own District Church Council, which meets at least four times per year, and reports to the PCC. The separate meetings are able to discuss matters affecting the individual churches. All policy, financial and faculty matters and proposals affecting the whole parish are referred to the PCC. Each church has its own subcommittees.

Each church has its own Mission Focus group which considers the support of mission partners and other agencies to deliver the parish’s objectives.

The patron of the parish is Simeon’s Trustees.

The wider ministry team (clergy, lay pastor, readers and lay elders) met three times during 2025. The meetings’ chief purpose is to ensure that the team of preachers and leaders of services are apprised of latest developments and consulted on relevant issues.

A full health and safety risk assessment was last carried out in 2015. The health and safety policy has been reviewed at regular intervals, most recently in March 2025.

The PCC complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have regard to House of Bishop’s guidance on safeguarding children and vulnerable adults).

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Annual Report for the year ending 31 December 2025

3. CHARITABLE AIMS AND PURPOSES

Church of England parishes seek to promote the whole mission of the church, pastoral, evangelistic, social and ecumenical.

This aim was expressed in a statement in 2017 as follows:

we seek to worship the God and Father of our Lord Jesus in the power of the Holy Spirit; to teach the Bible in a way relevant to everyday life; to grow people in faith, understanding and love; to equip people to serve others; to offer people opportunities to meet Jesus and discover forgiveness and new life.

PARISH STATISTICS

The Parish of St Mary with St Peter is 2.6 square miles of central and southern Bury St Edmunds, characterised by residential estates and town centre businesses. The parish population in 2024 was 12,140.

In latest available data, the parish is ranked 8986 out of the Church of England’s 12,178 parishes according to indices of deprivation (1 = most deprived). The age profile of residents is older than the national average.

The parish’s boundaries were enlarged as part of a scheme of local parochial re-organisation enacted by a bishop’s order dated 1 December 2020. The effects are to include land that has been designated for future residential development near to the town, so the population of the parish will increase significantly in the next decade.

4. CHARITABLE OBJECTIVES

In 2025, we continued to fulfil our aims and purposes including the following public charitable services:

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Annual Report for the year ending 31 December 2025

The vicar, the associate vicar and the PCC have considered the Charity Commission’s guidance on public benefit and the specific guidance on charities for the advancement of religion.

The Parochial Church Council works diligently to ensure it fulfils its responsibilities for safeguarding, employment, financial management, upkeep and repair of its buildings and stewardship of its resources.

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Annual Report for the year ending 31 December 2025

5. ACHIEVEMENTS AND PERFORMANCE

2025 was a year of sustained and gradual growth across both churches, which has led to some reflection on how we need to adapt to meet the good challenges this brings. Although there has been much discussion nationally about the existence of a Quiet Revival, this would seem an appropriate term to describe what we have been seeing this year.

We ran the Alpha course for the third consecutive year, now an annual fixture in the life of the parish.

In June, we once again held a parish confirmation service, with a number of people confirmed and baptised, as well as young people being admitted to communion.

In 2024 after much discernment and planning, and a grant from the diocese, we appointed Hannah de Oliveira Lloyd as our youth worker for the parish. Over 2025 she grew a team and put discipleship opportunities in place for our very modest number of secondary school age children, which helped to engage and nurture them. She moved on to another youth work post after a year and the role was readvertised. In common with many other churches in the area and beyond, we failed to attract any applications, and existing and trusted members of the children and youth teams at both churches stepped in to keep the youth ministry going. In November 2025, Hannah and Adam Brown were appointed in a job share as the youth workers at St Mary’s using 2/3rds of the diocesan youth work grant, whilst St Peter’s decided to continue with their current provision for the time being. The Browns coordinate the running of the monthly parish youth group with volunteers from both churches.

We continue to have more American worshippers due to the increase in personnel across RAF Lakenheath and RAF Mildenhall who enrich the life of our churches. In 2025 we also saw a number of younger men come to faith particularly at St Mary’s and we have started specific ministry activities to engage and support them.

WORSHIP MINISTRIES

Throughout 2025, St Mary’s held two services on Sunday mornings, with a contemporary service at 9:15am and a more traditional service at 11am, as well as a midweek service. St Peter’s continued with their morning service at 10:30am each Sunday. In addition, St Mary’s held evening services on one or two Sundays each month throughout the year, and St Peter’s continued its monthly Sunday evening informal praise service.

Through the course of 2025, midweek services took place at care homes in our parish.

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Annual Report for the year ending 31 December 2025

Each month, a Parish Prayer meeting was held on Zoom. A St Peter’s Vision Prayer Meeting was held weekly, also on Zoom. St Peter’s has a monthly face-to-face prayer meeting and in 2025 St Mary’s started to have weekly face-to-face prayer meetings. Online daily prayer was held five days a week on the days when there were no other services, reaching around 10 - 20 people.

Church Attendance

St Mary’s * has two regular services on Sundays. The 9.15 service is served by an excellent contemporary band led by Jim Herrington which has grown from the four very committed members in 2022 to include several more musicians who play regularly. The choir has seen many new members over 2025 and has continued to grow in experience and confidence. Thanks is due to our Director of Music DB and his skill and commitment and leadership, alongside the Choir Association and choir members who give so much of their time and talents.

There has been a significant increase in attendance at the 9:15am service over the last year and after declining slightly the 11am service started to grow noticeably during the last quarter of 2025. Attendance at the midweek service of Holy Communion has stayed fairly constant. Christmas services were mostly up considerably on 2024. Our number of new regular worshippers was 48 (22) including 17 (7) children, and 10 (6) of our regular worshippers moved to other churches, became housebound or died.

Average attendances in 2025 (2024) are as follows:

The 9:15am contemporary service averages 102(90) adults and 14 (11) under 16 years. Children’s groups were held each Sunday called Energize and Nextgen.

The 11am traditional service averages 61 (60) adults and 3 (3) are under 16 years.

A service of Choral Evensong took place once or twice a month. The average attendance at this was 31 (34) of whom 1 (1) was under 16 years.

There is also a Holy Communion service every Wednesday. The numbers attending here average 24 (25).

The two morning congregations combined for a number of special services throughout the year. These included Easter, where the attendance was 281 (284) adults and 32 (38) were under 16 years; the service with Annual District Church Meeting, where the attendance was 119(138) adults, and 17 (12) were under 16 years; Harvest, with an attendance of 143 (146) adults and 18 (13) were under 16 years; and Christmas, where the attendance was 162(114) adults and 27 (23) were under 16 years.

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Annual Report for the year ending 31 December 2025

In June 2025 a Service of Confirmation and Reaffirmation was held at St Mary’s Church. Six candidates from St Mary’s and St Peter’s Churches were confirmed at this service, six were baptized and four were admitted to communion. The total attendance was 177 (**205).

The Good Friday meditation service was attended by 56(56) adults, and 0 (6) under 16 years.

Advent and Christmas services did not include an Advent Service this year (78 attended in 2024) due to preparations for Sharers in the Promise; St Mary’s carol service, attended by 397 (358) adults, and 17 (19) were under 16 years; the crib service, attended by 430 (312) and the midnight communion, which 179 (162) adults attended, and 17 (3) under 16 years. We also held a lunchtime carol service for the first time in a number of years, which was well attended, and attracted a mixture of ages from the very young to the very old.

Civic services included Battle of Britain, where the attendance was 267 (241) adults and 102(73) were under 16 and Remembrance, where the attendance was 355 (421) adults and 118 (99) were under 16.

Other special services included the Mayor’s Civic Service held for the first time, attended by 123 adults and 3 children. The Jankyn Smyth service was attended by 127 (161) adults and 137 (142) were under the age of 16, the Town Memorial Service to remember before God those who have died, which had an attendance of 157 (201), and the Suffolk and Norfolk Yeomanry Commemoration Service. In August, we hosted Suffolk’s County Service of Commemoration for the 80th anniversary of VJ Day, which had an attendance of 452 adults and 60 under the age of 16, including members of the royal family, dignitaries and a large number of veterans’ family members.

St Mary’s Church was open for visits from 10.30am - 3pm six days a week. 16969 (17,756) visitors came to the church during the year outside services and events.

**In 2024 this was a joint service between both parishes, hence the higher number

St Peter’s holds a 10:30am service every Sunday, with an average attendance of around 78 (70). This includes an average of 68 (61) adults and 10 (9) children. Children’s groups were held on 34 Sundays during 2025. St Peter’s also holds an informal praise service most months, with an average attendance of 22 (21).

Lent and Easter services at St Peter’s included an Ash Wednesday service of Holy Communion, which was attended by 23 (15) people, a Maundy Thursday service, which was

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Annual Report for the year ending 31 December 2025

attended by 36 (26) adults and 1 (0) children, and the Easter Sunday service, which was attended by 100 (92) people.

Special Christmas services included the Nativity Service, attended by 93 (76) people of whom 19 (12) were under 16; Carols by Candlelight, attended by 175 (184) people of whom 6 (25) were under 16 and the Christmas Day family communion, which was attended by 58 (76) people of whom 9 (7) were under 16.

Services for life events (baptisms, weddings and funerals) were held in both churches.

At St Mary's Church, the numbers (with 2024 figures in brackets) were: 0 (1) thanksgiving services for the birth of a child; 10 (17) baptisms; 5 (7) weddings; 0 (1) wedding blessing; 0 (2) renewal of marriage vows; 14 (9) funerals and memorial services for 2 (4) people.

At St Peter's Church there were 0 (0) thanksgiving services for a child; 0 (1) baptisms; 1 (0) weddings; 0 (0) wedding blessings; 0 (0) renewal of marriage vows; 1 (2) funerals, and 0 (0) memorial services.

The parish conducted 15 (23) funerals at a crematorium or cemetery in 2025, making a total of 30 (34) funeral services conducted by members of staff as well as 2 (3) memorial services and 2 (5) interments of ashes.

ELECTORAL ROLL AND MEMBERSHIP

In 2025, there was a complete revision of the Electoral Roll. At the Annual Parochial Church Meeting there were 235 (295) on the electoral roll. Of these, 168 (220) were on St Mary’s electoral roll, and 73 (78) were on St Peter’s roll. 6 (3) appeared on both rolls.

RAISING VOLUNTARY INCOME THROUGH GIVING

At St Mary’s in 2025, £170,311 (2024 £176,056) was given to the general fund through collections, tax effective regular giving and general donations. £28,188 (2024 £22,722) was given by or through the church for other charities or good causes.

At St Peter’s in 2025 £87,369 (2024 £80,124) was given to the general fund through collections, tax effective regular giving and general donations. £17,149 (2024 £15,230) was given by or through the church for other charities or good causes.

PARISH SHARE

The parish contribution to the diocesan share for 2025 was £156,000 (2024 £156,000). In 2026 the parish will pay a contribution of £156,865.

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Annual Report for the year ending 31 December 2025

OTHER ACTIVITIES

St Mary’s shares the site of the ancient and ruined Abbey of St Edmund with the cathedral, the public Abbey Gardens and others.

The two churches joined together to organise a number of social events throughout 2025. The men’s group met monthly for breakfast. Lunch & Chat continued to provide an opportunity for socialisation and food once a month and was well attended. The Little Fishes group for young children with their carers continued to meet twice a month throughout 2025, but closed at the end of the year due to insufficient volunteers to keep the group running. An average of 4 - 5 families attended each month.

St Mary’s ran a pop-in cafe each month throughout the year, and the Time Together social event took place four times through the course of the year.

A pop-up bookshop operated at St Mary’s on the first Wednesday of each month throughout the year.

Interactive exhibitions for schools were put on at Easter and at Christmas (Road to Easter and Through the Keyhole), and were well supported and much appreciated by those who attended.

The Sometimes on Sunday group met four times in 2025, at Easter, in the summer, at Harvest, and finally in November to experience the Through the Keyhole exhibition.

St Peter’s continued with the monthly Tea and Chat event, as well as a weekly Community Space each Saturday, where people can drop in for refreshments and to socialise. They also held a men’s bowls evening once a month and for much of the year they also ran a community cafe.

We seek to encourage people to work both with other churches in the town, and the work of the Christian church in the wider community. People from the congregations work with BCY (Bury Christian Youth), the Bury Drop in, Town Pastors, Sporting 87 (a Christian football club), CAP (Christians against poverty) and the St John’s Ecumenical Centre.

OPERATING BUILDINGS

The parish maintains St Mary’s Church, St Peter’s Church and the Thomas Clarkson Centre. As usual, regular maintenance and services were carried out in all the buildings.

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Annual Report for the year ending 31 December 2025

The St Mary’s Fabric Committee has considered a number of matters over the past year and various works of maintenance have been carried out. A large area of the wooden plinth on the north side central aisle had to be removed and replaced because of decay. Pew heaters and cables had to be temporarily removed also to enable the work. The resulting replacement floor looks very good but we may find other areas similarly affected in the future. The trap door to the tower and the stairs leading to upper tower levels were repaired for safety reasons. Improvements were made to the pulley system on the tower as it was difficult to raise and lower flags. The old projector screen had been difficult to raise for a long time and was replaced with a new screen and controls. The metal theft roof alarm became problematic with regular alerts when there was no apparent intrusion. This has now been rectified. Electrical work is often needed both to maintain safe and effective systems and for improvements. A project to tidy up a complex wiring layout with multiple extension leads on the north side of the church and on the rood screen was completed. The external notice boards on the west front were sanded and revarnished and now look much improved. The church organ requires air that is pumped into it to be at the correct humidity level and there is a humidifier unit housed with the blower in a large chamber on the north side of the church. This unit is at the end of its working life and plans were agreed for it to be replaced early in 2026 after the busy Christmas period. The arrangement of pews in the south aisle for refreshments and Open Kitchen has worked fairly well but might be much improved if the floor was level and the current pews and tables replaced with easier to access chairs and tables. Proposals have been discussed with the church architect and the Diocesan Advisory Committee, who have agreed with the principle. If we decide to proceed it will be a significant project and require formal processes of approval and contracting. The Tavern clock on the north wall by the entrance to the tower was removed for specialist repair and maintenance and is now back in place. The best future arrangements for heating in the church have continued to cause much discussion, particularly as three of the gas space heaters failed at the end of the year. Extending the under-pew heaters appears to be one possible option but we will continue to explore other solutions. Several years ago the tower lift was taken out of service as it was very rarely used and needed a lot of repair and improvement work. We are exploring the costs of reinstating the lift as there are now a number of people this might benefit. Each year there are many regular inspections, tests and maintenance issues that need attention. Fire alarms, emergency lighting, portable electrical equipment, lightning conductors and so on. Regular attention is also given to issues that an old building like St Mary’s throws up, including dampness arising from overflowing roof rainwater hoppers and downpipes. As the Parish Church there are also some works outside the building itself where our assistance is requested. This year we had to apply for a faculty (diocesan approval) for work to repair the ancient wall facing Crown Street, although the work itself and the cost were the responsibility of West Suffolk Council. We have also been involved in applying for permission to make up the roadway on the north side of the church, work which is being organised and paid for by the Abbey of St Edmund

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Annual Report for the year ending 31 December 2025

Reborn project and which is expected to take place in 2027. In 2026 the church will have both a 5 yearly condition inspection and a five yearly inspection of the fixed wiring circuits.

At St Peter’s Maintenance and servicing work for 2025 was a significant item throughout the year. The gas mains pipes to the church were replaced and the gas reconnected. The fault in the gas-fired hot air heating system was resolved with the replacement of the thermostat to one of the gas heaters, and the system was reported as functioning normally. A defective radiant electric heater and the defective water heater of the hand basin in the vestry toilet were both replaced. SmartWater was applied to the accessible lead on the north side of the church roof. A defective LED floodlight on the south side of the church was replaced. The intruder alarm was serviced in late 2025, and a very low backup battery in the main control box was replaced. Policies: The Health and Safety and Fire policies for all three buildings were reviewed and adopted by the PCC on March 25, 2025.

At the Thomas Clarkson Centre, essential repairs identified in the quinquennial report were carried out. A new electric oven was purchased towards the end of 2025 and is working well. In late November, the gas boiler failed. We unsuccessfully attempted repairs, before installing a new boiler in December.

6. STAFFING AND EMPLOYMENT

The Reverend Canon Tiffer Robinson has served as vicar and incumbent of the parish since October 2022.

Andy Williams continues to serve the congregation at St Peter’s, where he completed his curacy before being licensed as Associate Vicar with responsibility for St Peter’s in February 2022.

In 2025, the parish employed an Events Manager, a Church Administrator, a Caretaker and a Director of Music.

The parish also employs two cleaners.

Hannah and Adam Brown were appointed as part time youth workers in November 2025.

A very large proportion of the activity in the parish is undertaken by volunteers and we are very grateful for their work. We have a good team of retired, self-supporting and lay ministers who support the work of the stipendiary clergy, as well as many lay volunteers who give up their time to fulfil a whole variety of roles in the life of our churches.

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Annual Report for the year ending 31 December 2025

7. FINANCIAL REVIEW

The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity’s governing documents, the Charities Acts 2011 and 2022 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 published on 16 July 2014, the latest edition being dated October 2019.

Across the whole Parish income of all funds for 2025 amounted to £418,218 (2024 £405,737 after restatement) as shown on the financial statements. That included income from bequests and donations in memoriam totaling £7,500 (2024 £3,607). Of those amounts for 2025 £6,000 was to be used for unrestricted purposes and £1,500 for restricted purposes. No grants (2024 nil) were received by St Mary’s or by St Peter’s. £42,673 (2024 £46,113) came from letting the parish hall, which was supplemented by a Local Authority grant of £850 (2024 £1,000) and a donation of £5,000 (2024 nil). £33,911 (2024 £32,527 after restatement) was received as investment income, £7,785 (2024 £7,706) from such main charitable activities as weddings and funeral services and the balance of £320,499 (2024 £314,784) came primarily from church members. There were fewer exceptional items in 2025 within the £320,499 than in 2024. At Mary’s £15,662 was raised from event fees and other fundraising activities (2024 £11,484), £3,529 was raised for Choir Association activities (2024 nil) and no Diocesan grant (2024 £20,000) was received to fund the costs of youth work. Stripping out these exceptional items, the recurrent income raised from the congregations amounts to £301,308 (2024 £283,300). This represented an increase of slightly more than 6%.

Again, taking the Parish as a whole, expenditure on charitable activities totaled £439,132 (2024 £381,886). Thus, expenditure on charitable activities across the parish rose from 2024 to 2025 by £57,246. That increase was split between an increase of £25,878 at St Mary’s, an increase of £22,008 at St Peter’s and an increase of £9,360 at the Thomas Clarkson Centre.

The main changes at St Mary’s were as follows. £13,220 (2024 £5,385) was spent on youth work funded by the Diocesan grant received in 2024 and to be supplemented by further instalments from the Diocese in future years. £9,845 (2024 £4,816) was spent on donations to other charities, the additional amount largely having been raised at memorial services. £3,416 (2024 nil) was spent on a piano for use mainly by the choir and funded from a specific bequest. £194,265 (2024 £189,957) was spent on charitable activities through General Fund. £3,407 (2024 nil) was spent on upgrading the sound and visual system at St Mary’s funded by a bequest received some years ago.

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Annual Report for the year ending 31 December 2025

The main changes at St Peter’s were as follows. £31,217 (2024 £14,203) was spent at St Peter’s on Fabric including preparation for a planned extension to the church building. In the context of spiraling costs those plans have been severely curtailed. £82,580 (2024 £80,300) was spent on charitable activities through General Fund. £10,883 (2024 £9,039) raised specifically for other charities was passed on to those charities.

£49,787 (2024 £40,427) was spent at the Thomas Clarkson Centre, the increase being mainly attributable to replacement of ovens, the cost being covered by a donation, and the emergency replacement of the boiler.

Across the parish, expenditure on charitable activities included donations and grants to other charities totaling £45,337 (2024 £37,952). In addition to expenditure on main charitable activities, costs of fundraising were small: £4,329 in 2025 (£2,746 in 2024).

After taking into consideration a fall in the value of our investments by £32,758 (2024 increase of £26,342 after restatement) our income and gains therefore fell short of our expenditure and losses by £58,001 (2024 surplus income and gains of £47,447). Income of £7,500 was attributable to bequests and donations in memoriam (2024 £3,607) and a deficit of £434 (2024 surplus £7,524) generated by the Thomas Clarkson Centre.

Each of the three component parts of the PCC’s financial activities has a reserves policy appropriate to its circumstances.

At the end of 2025 St Mary’s had total net assets, excluding permanent endowments, of £910,342. That is made up of £240,874 balances on unrestricted funds and £669,468 balances on restricted funds. Within unrestricted funds, the main balances for day-to-day purposes are the general fund and a linked fund together having a balance of £64,201. This balance is consistent with a reserves policy of holding sufficient in such reserves to pay at least three months recurrent bills, and, in addition, general reserves can have recourse to the Mission Development Fund. The Mission Development Fund is the other main unrestricted fund with a balance of about £172,500, which the PCC aims to use for development rather than simply maintenance of the mission life of the church, but can, if needed, be used to support the general fund. The main reserves within restricted funds are the Fabric Fund and linked funds, which have total balances of £602,190. The PCC wishes to retain £212,186 consisting of the Rae portfolio intact, leaving £390,004 available to meet any urgent work on the fabric of St Mary’s. The £390,004 includes equity-based investments of £363,895, which are subject to stock market fluctuations.

St Peter’s has net assets of £396,543. The main components of these are a Fabric Fund balance of £338,787 (including the surplus on linked investments), other restricted fund balances of £7,965, the balance of the Daphne Swatman Mission Fund of £18,197 and a General Fund balance of £31,594, sufficient to meet normal recurrent bills over a period

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Annual Report for the year ending 31 December 2025

slightly more than four months. These reserves are led in the form of stock exchange based assets with a value of about £146,000 and bank balances of about £250,000.

The Thomas Clarkson Centre has net assets of £618,485. That includes the building itself at a valuation of £250,000 plus expenditure incurred to the end of 2013 of £323,600 on planning and building the extension of the hall. General realisable reserves of £44,886 are held. These are sufficient to meet short-term likely refurbishment costs and to meet recurrent bills for six months.

Amounts not expected to be used in a period of about five years since acquisition are held in equity based pooled investments with the Church of England Investment Fund. Across the Parish these assets, excluding endowment funds, total about £856,500. These fell in value in 2025 by 4.0%. This investment fund has an ethical approach consistent with Church of England ethical principles. £8,542 is held in bond based pooled investments with the Church of England Short Duration Bond Fund and £11,887 available to the PCC held by the Diocesan Board of Finance. A further amount of £482,369 is held with various banks, of which £77,130 is held on deposit with the Church of England Deposit Fund. Much of the amounts held with Church of England Deposit Fund is held available to be spent on any urgent unplanned building work at St Mary’s church. Bank deposit balances are held at a high level by St Peter’s in anticipation of work to be carried out on the Fabric of St Peter’s.

8. PLANS FOR THE FUTURE

The key areas the vicar wishes to develop at St Mary’s going into 2026 and beyond are:

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StatementofFinancialActivitiesfortheParishincorporating
StMary's,5tPeter's andtheThomas ClarksonCentre 1
Balance Sheetat31 December 2025fortheParish
incorporatingSt Mary's, St Peter's andtheThomas CtarksonCentre 2
Statementof trustees'responsibitities 3
AccountingPolicies 4to5
StMary'sincomeandexpenditure offunds 6to10
St Mary'sdetails of fundbalances 11
StPeter'sincome andexpenditure offunds 12to14
St Peter'sdetailsof fundbalances 14
Thomas ClarksonCentredetails ofincome andexpenditure 15
Notesto financiatstatements 16to23

PAROCHIAL CHURCH COUNCIL OF ST MARY'S WITH ST PETER'S BURY ST EDMUNDS

STATEMENT OF FINANCIAL ACTIVITIES For the year ended 31 December 2025

ST MARY'S ST PETER'S ST PETER'S THOMAS CLARKSON CENTRE THOMAS CLARKSON CENTRE THOMAS CLARKSON CENTRE PARISH PARISH
Unrestricted Restricted Endowment TOTAL Unrestricted Restricted TOTAL Unrestricted Restricted TOTAL TOTAL
Funds Funds Funds FUNDS Funds Funds FUNDS Funds Funds FUNDS FUNDS
2025 2024 2025 2024 2025 2024 2025 2024
Restated Restated
Note £ £ £ £ £ £ £ £ £ £ £ £
Income and endowments from
Donations and legacies 2(a),2(c),4(a),4(c),6 178278 20757 199035 215070 88210 23499 111709 91837 5850 5850 1000 316594 307907
Other trading activities 2(a),2(c),4(a),4(c),6 14781 2474 17255 11484 0 0 0 42673 42673 46113 59928 57597
Investments 2(a),2(c),4(a),4(c),6 6280 19153 25433 25394 855 6793 7648 6295 830 830 838 33911 32527
Charitable activities 2(a),2(c),4(a),4(c),6 6523 290 6813 6915 972 0 972 791 0 7785 7706
__ __ __ _ __ __ __ ___ __ __________
TOTAL INCOME AND ENDOWMENTS 205862 42674 248536 258863 90037 30292 120329 98923 49353 0 49353 47951 418218 405737
-------------- -------------- -------------- ------------------------- -------------- -------------------------- ------------ --------------------------------------------------------------------------------
Expenditure on
Raising funds 2(b),2(d),4(b),4(d),6 4329 4329 2746 0 0 0 0 0 4329 2746
Charitable activities 2(b),2(d),4(b),4(d),6 201862 57705 259567 233689 84355 45423 129778 107770 49787 49787 40427 439132 381886
__ __ __ _ __ __ __ ___ __ __________
TOTAL EXPENDITURE 206191 57705 263896 236435 84355 45423 129778 107770 49787 0 49787 40427 443461 384632
-------------- -------------- -------------- ------------------------- -------------- -------------------------- ------------ --------------------------------------------------------------------------------
Net gains/(losses) on investments (5382) (23484) (2164) (31030) 18413 0 (1728) (1728) 7929 (32758) 26342
-------------- -------------- -------------- ------------------------- -------------- -------------------------- ------------ --------------------------------------------------------------------------------
Net Income and gains/(expenditure and losses) (5711) (38515) (2164) (46390) 40841 5682 (16859) (11177) (918) (434) 0 (434) 7524 (58001) 47447
Transfer between funds 19837 (19837) 0 0 (1200) 1200 0 0 0 0 0 0
-------------- -------------- -------------- ------------------------- -------------- -------------------------- ----------- --------------------------------------------------------------------------------
Net Income and gains/(expenditure and losses)
before other recognised gains and losses 14126 (58352) (2164) (46390) 40841 4482 (15659) (11177) (918) (434) 0 (434) 7524 (58001) 47447
Other recognised gains/losses
Gains (losses) on revaluation of fixed assets
Actuarial gains/losses on defined benefit pension schemes
__ __ __ _ __ __ __ _ ______ __ __________
NET MOVEMENT IN FUNDS 14126 (58352) (2164) (46390) 40841 4482 (15659) (11177) (918) (434) 0 (434) 7524 (58001) 47447
Total funds brought forward 3,5,6 226748 727820 54093 1008661 967820 45309 362411 407720 408638 618919 0 618919 611395 2035300 1987853
at beginning of year
__ __ __ _ __ __ __ _ ______ __ __________
Total funds carried forward
at end of year 3,5,6 240874 669468 51929 962271 1008661 49791 346752 396543 407720 618485 0 618485 618919 1977299 2035300
**__ ** __ __ _ **__ ** **__ ** __ **___ ** **__ ** __________

1

PAROCHIAL CHURCH COUNCIL OF ST MARYS WIYH ST PETER'S, 8URY ST EDMUNDS BALANCE SHEET AT 31 DECEMBER 2025 2025 2024 Re8t8t8d St Marf5 St Peter'$ Thomas Clark¥on Centre Thomas IHrkson C&nlre Parl&h St Marf$ st Pet*r'$ Parish FIXED ASSETS Tanglble Inveslm8nls Inveslrllenls 10 573599 5T3599 782570 146260 573599 573599 813600 147997 782570 813800 12 146269 147997 CURRENT ASSETS Stock of cards, guides & book8 Deblots and prepayrnenls C£8h 81 bank and in hand 3446 26214 177427 3448 26786 482369 4202 37321 180471 4202 39095 499559 13 572 53174 1774 52720 251768 266368 CURRENT LIABILITIES Creditors 14 12n861 114941 188601 1377401 1269331 166451 191741 1427521 NET ¢URRENT ASSETS 179701 250274 44886 474861 195061 259723 45320 500104 Loans 15 NET ASSETS 962271 396543 618485 1977299 1008661 407720 618919 2035300 FUNDS 16 Endovffienl ReslriGted Unie$lriGled 51929 669468 240874 51929 1016220 9D9150 54093 727820 226748 54093 1090231 890978 346752 49791 362411 45309 618485 618919 TOTAL FUNDS 962271 396543 618485 1977299 1008661 407720 618919 2035300 This 8alance Sheet forms part of the accounts approved on 24 March 2026 PCC Chairman C Treasurer

Statement of trustees' responsibilities

The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations and the Church Accounting Regulations 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

3

PAROCHIAL CHURCH COUNCIL OF ST MARY'S WITH ST PETER'S, BURY ST EDMUNDS

Notes to the Financial Statements For the year ending 31 December 2025

1 Accounting Policies

Basis of financial statements

The financial statements have been prepared under the Church Accounting Regulations 2006 in accordance with applicable accounting standards and the current Statement of Recommended Practice, Accounting and Reporting by Charities and applicable accounting standard FRS 102.

The financial statements have been prepared under the historic cost convention except for investment assets, which are shown at market value. The financial statements include transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of any church groups that owe their main affiliation to another body nor those that are informal gatherings of church members.

Fund accounting

General funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available to be spent on the general purposes of the PCC. Funds designated for a particular purpose by the PCC are also unrestricted. The unrestricted funds of each of St Mary's and St Peter's Churches are, in practice, restricted to the furtherance of mission primarily as decided by the District Council of each respective Church.

Restricted funds are those funds that must be spent on restricted purposes and details of the funds held and restrictions are provided in the notes to the financial statements. Endowment funds, where the capital must be retained, are explained in note 17.

Incoming Resources

Donations and legacies

Planned giving, collections and similar donations are recognised when received. Tax refunds are recognised in the final amount claimable for the tax year ending in the period of accounts plus an interim claim in respect of the next following tax year. Grants and legacies to the PCC are accounted when the PCC is entitled to the use of the resources, their ultimate receipt is considered reasonably certain and the amounts due are readily quantifiable.

Income from other trading activities

Funds raised by letting the Thomas Clarkson Centre (parish hall), fund raising events and sales of cards and guides from the church bookstall are accounted for gross.

Income from investment

Dividends and interest are accounted for when declared receivable.

Income from Charitable Activities

Income is recognised for the period in which it is earned.

Resources used

Grants

Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC.

4

1 Accounting Policies (Continued)

Activities directly related to the work of the Church

The diocesan parish share expected to be paid over is accounted for when due.

Other expenditure

All other expenditure is recognised when it is incurred and is accounted for gross.

Gains and losses on investments

Realised gains and losses are recognised when investments are sold. Unrealised gains or losses are accounted for on revaluation of investments at 31 December.

Fixed Assets

Consecrated land and buildings and movable church furnishings

Consecrated and beneficed property is excluded from the accounts by s. 10(2)(a) and (c) of the Charities Act 2011.

Movable church furnishings held by the Vicar and Churchwardens on special trust for the PCC, and which require a faculty for disposal, are accounted for as inalienable property unless consecrated. They are listed in the church’s Inventory which can be inspected at any reasonable time. For inalienable property acquired prior to 2001, there is insufficient cost information available and therefore such assets are not valued in the accounts. Items acquired since 1 January 2001 have been capitalised and depreciated in the accounts over their currently anticipated useful economic life on a straight line basis.

All expenditure incurred during the year on consecrated or beneficed buildings, individual items under £2,500 or on the repair of movable church furnishings acquired before 1 January 2001 is written off.

Other land and buildings

The Thomas Clarkson (formerly Hyndman) Centre is shown at valuation so as to conform with SORP issued on 16 July 2014. Prior to SORP 2005 it was excluded since the PCC has a policy of long term retention of these assets. These assets are included at valuation on the balance sheet since reliable cost information is not available. Any expenditure on maintenance is written off as incurred.

Other fixtures, fittings and office equipment

Equipment used within the church premises is depreciated on a straight line basis over 4 years. Individual items of equipment with a purchase price of £1,000 or less are written off when the asset is acquired.

Investments

Investments are valued at market value at 31 December.

Current assets

Amounts owing to the PCC at 31 December in respect of fees, rent or other income are shown as debtors less any provision for amounts that may prove uncollectible.

Short-term deposits include cash held on deposit either with the CBF Church of England Deposit Fund or at the bank.

5

Note 2 St Mary's Church Summary of income of unrestricted funds

Total General Clergy Mission Social & Sound Tiddlywinks
Housing Development Fellowship Happy Hands
Income and endowments: donations and legacies 178278 170311 5000 2967
Income from other trading activities 14781 14781
Income from Investments 6280 2530 3750
Income from Charitable activities 6523 6523
Other income 0
Total income of unrestricted funds 205862 194145 0 8750 2967 0 0
Summary of expenditure of unrestricted funds
Total General Clergy Mission Social & Sound Tiddlywinks
Housing Development Fellowship Happy Hands
Expenditure on Raising Funds
Cost of generating Giving income 0
Fundraising trading: costs of goods sold 4329 4329
Expenditure on Charitable activities 201862 194265 3407 4011 179
Total expenditure of unrestricted funds 206191 198594 0 3407 4011 179 0
Summary of income of restricted funds
Total Choir Fabric Flowers Grant Aided Mission Organ Phoenix Projects
Association Youth Work
Income and endowments: donations and legacies 20757 1936 563 1061 9845 75 7277
Income from other trading activities 2474 1593 881
Income from Investments 19153 18865 9 279
Income from Charitable activities 290 290
Other income
Total income of restricted funds 42674 3529 19428 2241 0 9845 354 0 7277
Summary of expenditure of restricted funds
Total Choir Fabric Flowers Grant Aided Mission Organ Phoenix Projects
Association Youth Work
Expenditure on Raising Funds
Fundraising trading: costs of goods sold 0
Expenditure on Charitable activities 57705 3160 24715 1908 13220 9845 4857
Total expenditure of restricted funds 57705 3160 24715 1908 13220 9845 0 0 4857

6

Note 2(a) St Mary's Church

Income of unrestricted funds

2025 2024
Income and endowments
Donations and legacies
Fund Description of Income
General Planned Giving attracting tax relief 96291 92921
Tax recovered 26031 28151
Collections and visitors' donations 47989 54984
______ 170311 _ 176056
Mission Development Bequests
Jane Aston 1000
Miss Josephine Scott 5000
______ 5000 _ 1000
Social & Fellowship Donations 559 337
Open Kitchen 2408 2974
______ 2967 _ 3311
------------ ------------
178278 180367
====== ======
Income from other trading activities
Fund Description of Income
General Postcards, books & sundries 3033 1619
Concerts and fundraising events 11748 9260
--------- ---------
14781 10879
===== =====
Income from Investments
Fund Description of Income
General Interest and dividends 2530 2758
Mission Development Interest and dividends 3750 3663
--------- ---------
6280 6421
===== =====
Income from Charitable activities
Fund Description of Income
General Wedding etc. fees 6523 6485
--------- ---------
Total 6523 6485
===== =====

7

Note 2(b) St Mary's Church

Expenditure of unrestricted funds

2025 2024
Expenditure on Raising funds
Fund Description of Expenditure
General Cost of generating voluntary giving
Postcards, books & sundries 908 692
Costs of concerts and fundraising events 3421 2054
--------- ---------
4329 2746
===== =====

Expenditure on Charitable activities

Fund Description of Expenditure
General Parish Share paid to Diocese 78915 80330
Clergy expenses 857 1656
Alpha course etc. 714 798
Children's material 122 394
Bibles, books, wine & candles 1445 1244
Musical costs 22776 17184
Utilities & insurance 34126 35764
Wedding etc. expenses 1767 2248
______ 140722 ______ 139618
General Office running costs 568 1208
Parish administrators 21350 20810
Payroll administration 1584 1620
Youth work subscription 252 252
Caretaker work at Sunday services 2249 1976
Printing, stationery and advertising 5493 2485
Photocopying & paper 602 733
Sundries 1369 1674
Telephone 621 563
Deanery 20 20
Independent Examination costs 1092 1092
______ 35200 ______ 32433
General Grants made 18343 17906
Clergy Housing Maintenance Work on conservatory 629
Mission Development Audio Visual system improvements 3407
Social & Fellowship Refreshments etc. 2316 1346
Costs of Open Kitchen 1695 2312
______ 4011 ______ 3658
Sound Microphones, batteries etc. 179 342
------------ ------------
Total 201862 194586
======= =======

8

Note 2(c) St Mary's Church

Income of restricted funds

2025 2024
Income and endowments
Donations and legacies
Fund Description of Income
Choir Association Donations and subscriptions etc. 1936
Fabric Other grants and donations 63 629
Bequest - Ronald Leslie Steele 500
Bequest - Heulwen Stewart 2000
_____ 563 _____ 2629
Flower Donations 61
Bequest - Miss Josephine Scott 1000
_____ 1061 _____ 0
Grant aided Youth Work Diocesan grant 20000
Mission Collections and monthly giving 9845 4816
Organ Donations 75 50
Projects Concert proceeds for music ministry 90
Donation for Children's library 50
Donation for gardener at vicarage 1000
Donation Time Together 285 326
Christmas events 1027 32
Donations for staff wages 5875 5800
_____ 7277 _____ 7208
---------- --------
20757 34703
====== =====
Income from other trading activities
Fund Description of Income
Choir Association Fund raising income 1593
Flower Fund raising income 881 605
--------- ---------
Total 2474 605
===== =====
Income from Investments
Fund Description of Income
Fabric Dividends from Sayer bequest 916 894
Dividends from Rae bequest 6141 5998
Dividends from Fursland portfolio 6839 6681
Other investment income 4969 5113
_____ 18865 _____ 18686
Flower 9 15
Organ Dividends from Plumpton bequest 279 272
--------- --------
Total 19153 18973
===== =====
Income from Charitable activities
Fund Description of Income
Flower Wedding fees & donations 290 430
--------- --------
Total 290 430
===== =====

9

Note 2(d) St Mary's Church

Expenditure of restricted funds

2025 2024
Expenditure on Raising funds
Fund Description of Expenditure
Expenditure on Charitable activities
Fund Description of Expenditure
Choir Association Choir activities 3160 0
Fabric Carpentry 12199 3284
Caretaker 6258 6219
Flags and flagpole repairs 300
Glass repairs 288
Heaters and water heater 834
Lighting and electrical 3285 1966
Miscellaneous 897 879
Painting 145
Pew cushions 12035
Quinquennial work 417
Statutory tests & maintenance 1242 1237
______ 24715 ______ 26770
Flower Provision of flowers etc. 1908 1228
Grant aided Youth Work Employment costs 12784 5275
Expenses 436 110
______ 13220 ______ 5385
Mission Grants made 9845 4816
Projects Choir piano 3416
Gardener at vicarage 405 639
Christmas through the Keyhole 892
Sometimes on Sunday 67 53
Time Together 77 212
______ 4857 ______ 904
---------- ---------
Total 57705 39103
====== =====

10

Note 3 St Mary's Church Details of Fund Balances at end of year

Fund Balances
2025 2024
£ £
Unrestricted Funds
General Fund 34396 17058
Surplus on CBF Shares 29805 31105
Clergy Housing Maintenance Fund 3171 2371
Mission Development Fund 131103 129510
Surplus on Mission Development portfolio 41462 45544
Social and Fellowship 358 402
Sound Fund 49 228
Tiddlywinks/Happy Hands 530 530
----------- -----------
3(A) 240874 226748
====== =====
Restricted Funds
Choir Association 5321 4952
Fabric Fund 248252 267501
Flower Fund 1508 1175
Grant Aided Youth Work 1395 14615
Mission Fund 0 0
Organ Fund 39592 39238
Phoenix Folk Group 1 1
Projects Fund 9063 12518
Surplus on Croasdale & fabric
committee portfolios 24768 26063
Surplus on DBF deposit 10398 9892
Surplus on Fursland portfolio 108665 118492
Surplus on Porter portfolio 58150 62182
Surplus on Rae portfolio 162355 171191
----------- -----------
3(B) 669468 727820
====== =====

Expenditure on St Mary's Fabric can have recourse to the amount of the aggregate balances on the Fabric Fund plus the surpluses on the Croasdale & fabric committee, Fursland, Porter and Rae portfolios. At 31 December 2025 this was £602,190 (2024 £645,429)

Endowment Funds
Sayer Bequest 31633 32950
Plumpton Bequest 9634 10035
Raingate Street Charity 3863 4023
Chancel Repair Fund 5439 5665
J Sutton Charity 406 426
St Mary's Estate 710 740
Lady Rivers Charity 244 254
--------- ---------
51929 54093
===== =====

11

Note 4 St Peter's Church

Summary of income of unrestricted funds
Total General Daphne
Swatman
Mission
Income and endowments: donations and legacies 88210 87369 841
Income from other trading activities
Income from Investments 855 855
Income from Charitable activities 972 972
Other income
Total income of unrestricted funds 90037 88341 1696
Summary of expenditure of unrestricted funds
Total General Daphne
Swatman
Mission
Expenditure on Raising Funds
Fundraising trading: costs of goods sold
Expenditure on Charitable activities 84355 82580 1775
Total expenditure of unrestricted funds 84355 82580 1775
Summary of income of restricted funds
Total Fabric Little Fishes Love Gift Lunch Mission People Tea
(Toddler) & Chat in Need & Chat
Income and endowments: donations and legacies 23499 10065 164 2387 10883
Income from other trading activities
Income from Investments 6793 6793
Income from Charitable activities
Other income
Total income of restricted funds 30292 16858 164 0 2387 10883 0 0
Summary of expenditure of restricted funds
Total Fabric Little Fishes Love Gift Lunch Mission People Tea
(Toddler) & Chat in Need & Chat
Expenditure on Raising Funds 0
Expenditure on Charitable activities 45423 31217 45 650 2028 10883 600
Total expenditure of unrestricted funds 45423 31217 45 650 2028 10883 600 0

12

Note 4(a) St Peter's Church Income of unrestricted funds

2025 2024

Income and endowments
Donations and legacies
Fund Description of Income
General Regular Planned Giving 66784 63864
Tax recovered 15325 14655
Other collections and donations 4900 1535
Special events/miscellaneous 360 70
______ 87369 ______ 80124
Daphne Swatman Mission Donations 841 300
----------- -----------
88210 80424
====== =====
Income from Investments
Fund Description of Income
Daphne Swatman Mission Interest 855 817
----------- -----------
855 817
===== =====
Income from Charitable activities
Fund Description of Income
General Wedding etc. fees 972 791
===== =====
Note 4(b) St Peter's Church
Expenditure of unrestricted funds
2025 2024
Expenditure on Charitable activities
Fund Description of Expenditure
General Parish Share paid to
Diocese 65085 63670
Clergy, readers & others' expenses 539 493
Bibles, wine, candles & flowers 622 195
Musical activities costs 449 632
Utilities, insurance & maintenance 3307 3116
Wedding etc. expenses 434 50
Specific groups/services 347 613
______ 70783 ______ 68769
Parish administration 4000 4439
Depreciation
Printing, photocopying and advert. 462 419
Miscellaneous 757 170
Independent Examination Fee 312 312
______ 5531 ______ 5340
General Grants made 6266 6191
______ 82580 ______ 80300
Daphne Swatman Mission Outreach expenditure 1775 1416
----------- -----------
Total 84355 81716
====== =====

13

Note 4(c) St Peter's Church Income of restricted funds

Note 4(c) St Peter's Church
Income of restricted funds
2025 2024
Income and endowments
Donations and legacies
Fund Description of Income
Fabric Donations 10065 0
Little Fishes Donations & subscriptions 164 250
Love Gift Donations 0 0
Lunch and Chat Donations & subscriptions 2387 2051
Mission Collections and monthly giving 10883 9039
People in Need Donations 0 0
Tea and Chat Donations 0 73
----------- ------------
Total 23499 11413
====== =======
Income from Investments
Fund Description of Income
Fabric Interest 6793 4774
----------- -----------
Total 6793 4774
===== =====
Note 4(d) St Peter's Church
Expenditure of restricted funds
2025 2024
Expenditure on raising Funds
Fund Description of Expenditure
Expenditure on Charitable activities
Fund Description of Expenditure
Fabric Building Extension 25640 10352
Insurance 1402 1362
Maintenance 3752 2119
Miscellaneous 423 370
______ 31217 ______ 14203
Little Fishes Expenditure of Toddlers 45 154
Love Gift Support given 650 300
Lunch and Chat Provision of meals 2028 1458
Mission Grants made 10883 9039
People in Need Support given 600 900
Tea and Chat Social expenditure
--------- --------
45423 26054
===== =====
Note 5 St Peter's Church
Details of Fund Balances at end of year
Fund Balances 2025 2024
£ £
Unrestricted Funds General Fund 31594 27033
Daphne Swatman Mission 18197 18276
--------- -----------
49791 45309
===== ======
Restricted Funds Fabric 262518 276173
Surplus on Fabric portfolio 76269 78701
Little Fishes (Toddler Group) 594 475
Love Gift 1496 1546
Lunch and Chat 952 593
Mission 0 0
People in Need 4850 4850
Tea and Chat 73 73
--------- -----------
346752 362411
===== =====

14

Note 6 Thomas Clarkson Centre Details of income and expenditure

Destination

Note THOMAS CLARKSON CENTRE

For the year ended 31 December 2025

2025 2025 2024 2024
£ £ £ £
General Fund
Income
6(a) Local Authority Grant 850 1000
6(b) Donations 5000
6(c) Hiring income 42673 46113
6(d) Bank interest 830 838
______ 49353 _____ 47951
Expenditure
Cleaning 8256 7976
Gas 2537 4654
Electricity 2126 1913
Refuse Collection 545 469
Water Rates 673 983
Insurance 1034 1015
Maintenance & Fittings 15940 4364
Building works
Internet 463 548
Sundry expenditure 57 349
Independent Examination 156 156
Administration of bookings 6000 6000
Parish Share paid to Diocese 12000 12000
6(e) ______ (49787) _____ (40427)
_ _
Surplus/(deficit) for year (434) 7524
6(g) Balance b/f 614919 611395
Transfer to Refurbishment Fund (4000) (4000)
--------- ----------
6(h) Balance c/f 610485 614919
====== ======

Refurbishment Fund

6(j) Expenditure

Expenditure
_ _
Surplus/(deficit) for year 0 0
Balance b/f 4000 0
Transfer from General Fund 4000 4000
-------- --------
Balance c/f 8000 4000
==== ====

15

7 Staff costs

Notes to the Financial Statements (continued) For the year ended 31 December 2025

7 Staff costs 2025 2024
£ £
Thomas
St Mary's St Peter's Clarkson Parish Parish
Centre
Wages, salaries and social security 72555 4000 13104 89659 75062

During the year the PCC employed at St Mary's a Director of Music, assistant organists, two parish administrators, a caretaker, a cleaner and various youth workers. The administrators and youth workers were based mainly at St Mary's and met the needs of both churches and the Thomas Clarkson Centre. The PCC also employed a cleaner at the Thomas Clarkson Centre.

All employees earned below £60,000 pa. All employees were employed part time.

The average number of full time equivalent employees for the year for the Parish was 4.

Employers' National Insurance costs amounting to £ nil (2024 £ nil) were included in the costs reported in this note.

Employers' occupational pension costs under a defined contribution scheme with NEST amounted to £3,517 (2024 £2,991).

The salaries paid in the year to PCC employees who were also members of PCC or close family of such members were as follows: Administrator including Events Management Mrs J Crofts £22,750.

The salaries of the Administrators are set by St Mary's Finance Committee. Mrs J Crofts is not a member of that committee. The salaries are endorsed by the PCC. Mrs J Crofts disqualifies herself from consideration by the PCC of her salary.

Two members of the PCC were reimbursed travelling, telephone and other expenses totalling £1,138.

8 Investment Income

The gross investment income arising from each class of investment is disclosed as follows.

2025 2024
Restated
£ £
Thomas
St Mary's
St Peter's		 Clarkson Parish Parish
Centre
Income from investments listed on a
recognised stock exchange and from ones
valued by reference to such investments 22192 22192 21600
Other investments - cash deposits 3241 7648 830 11719 10223
______ _____ _____ ______ _____
25433 7648 830 33911 31823
===== ==== ===== ====== =====
9 Transfers between Funds
Funds affected Reason for transfer
St Mary's 2025 2024
£ £
From Fabric Fund to General Fund Insurance/alarm on Fabric met by Fabric Fund 9094 8768
To General Fund from Fabric Fund Insurance/alarm on Fabric met by Fabric Fund (9094) (8768)
From Fabric Fund to General Fund Cost of heating Fabric met by Fabric Fund 4868 6159
To General Fund from Fabric Fund Cost of heating Fabric met by Fabric Fund (4868) (6159)
To Sound Fund from General Fund Maintenance and operation of sound system 500
From General Fund to Sound Fund Maintenance and operation of sound system (500)
To Social & Fellowship Fund from General Fund To supplement income of Social & Fellowship Fund 1000
From General Fund to Social & Fellowship Fund Fund To supplement income of Social & Fellowship Fund (1000)
From Projects Fund to General Fund Donations restricted to paying Staff wages 5875 5800
To General Fund from Projects Fund Donations restricted to paying Staff wages (5875) (5800)
To Clergy Housing Fund from General Fund Addition to designated fund to maintain housing 800 800
From General Fund to Clergy Housing Fund Addition to designated fund to maintain housing (800) (800)
From Mission Development Fund to General Fund Investment income used to support General Fund 3750 3663
To General Fund from Mission Development Fund Investment income used to support General Fund (3750) (3663)
From Mission Development Fund to General Fund Previous years' income to support General Fund and restoration (27138)
To General Fund from Mission Development Fund Previous years' income to support General Fund and restoration 27138
From Mission Development Fund to Fabric Fund Cost of pew cushions borne by Mission Development Fund 12035
To Mission Development Fund from Fabric Fund Cost of pew cushions borne by Mission Development Fund (12035)

Total Transfers

St Peter's

From General Fund to Love Gift Fund To Love Gift Fund from General Fund From General Fund to People in Need To People in Need from General Fund

Thomas Clarkson Centre

From General Fund to Refurbishment Fund To Refurbishment Fund from General Fund

__ ______
0 0
======= =======
2025 2024
£ £
Tithed giving to support Love Gift Fund 600 600
Tithed giving to support Love Gift Fund (600) (600)
Tithed giving for People in Need Fund 600 600
Tithed giving for People in Need Fund (600) (600)
__ ______
0 0
======= =======
2025 2024
£ £
Creation of designated fund for work on building & contents (4000) (4000)
Creation of designated fund for work on building & contents 4000 4000
__ ______
0 0
======= =======

16

Notes to the Financial Statements (continued)

For the year ended 31 December 2025

10 Fixed assets for use by PCC

St Mary's £

£
General
Office
Equipment		 Projector Audio Visual
Equipment		 Copier Total
Cost At 31 December 2024 1767 6695 0 2645 11107
Additions 0
Disposals 0
Cost At 31 December 2025 1767 6695 0 2645 11107
==== ==== ==== ==== ====
Accumulated depreciation At 31 December 2024 1767 6695 0 2645 11107
Charge for year 0 0
Depreciation on disposals 0
Accumulated depreciation At 31 December 2025 1767 6695 0 2645 11107
==== ==== ==== ==== ====
Net Book Value At 31 December 2025 0 0 0 0 0
==== ==== ==== ==== ====
Net Book Value At 31 December 2024 0 0 0 0 0
==== ==== ==== ==== ====
St Peter's
£
Chairs Audio Visual
Equipment		 Copier Total
Cost At 31 December 2024 9419 0 1323 10742
Additions 0
Disposals 0
Cost At 31 December 2025 9419 0 1323 10742
==== ==== ==== ====
Accumulated depreciation At 31 December 2024 9419 0 1323 10742
Charge for year 0 0
Depreciation on disposals 0
Accumulated depreciation At 31 December 2025 9419 0 1323 10742
==== ==== ==== ====
Net Book Value At 31 December 2025 0 0 0 0
==== ==== ==== ====
Net Book Value At 31 December 2024 0 0 0 0
==== ==== ==== ====
Thomas Clarkson Centre
£
2025 2024
Property at valuation At 31 December 2012 & 2013 250000 250000
Expenditure of Development to 31 December 2009 21776 21776
Expenditure of Development Y/E 31 December 2010 104934 104934
Expenditure of Development Y/E 31 December 2011 185375 185375
Expenditure of Development Y/E 31 December 2012 7714 7714
Expenditure of Development Y/E 31 December 2013 3800 3800
______ ______
Valuation and development expenditure at end of year 573599 573599
======= ======

The Clarkson Centre has been included at a valuation as at 31 December 2005 together with expenditure on work on the extension to the Centre. The valuation was carried out by Tony Redman, MA, BSc, FRICS, IHBC. His qualification to carry out this valuation is as a partner in the firm of Whitworth Co-Partnership, Chartered Architects and Surveyors.

The basis of valuation is to value the PCC's freehold interest in the School Unit, car park and orchard at Hospital Road Bury St Edmunds on a "value in use" basis. The valuation excludes the consecrated ground and the structure of St Peter's Church. It recognises that the use of the site is limited to any ecclesiastical purpose affecting the parish and any purposes in connection with educational schemes for providing facilities for the spiritual moral and physical training of persons residing in or near the parish. The title to the site is held as custodian trustee by the Diocesan Board of Finance.

There are no surviving records of the historical cost of this site.

It was not valued prior to 2005, since, under SORP 1995, it has been excluded from the Balance Sheet by reason of its having been regarded as an "historic asset".

Depreciation has not been charged in respect of the Thomas Clarkson Centre. This is in the context of the potential depreciation charge and the accumulated depreciation not being material because the estimated residual value of the asset is not materially different from the carrying amount of the asset. The asset has been subject to an impairment review. That review has concluded that the net realisable value is not lower than the net book value.

17

Notes to the Financial Statements (continued)

For the year ended 31 December 2025

11 Investments
St Mary's 2025 2024
£
 £
Endowments at market value 51929 54093
General Fund assets
- Central Board of Finance at market value (cost £1,406; 2024 £1,406) 31211 32511
Chancel Repair assets at market value
- St Edmundsbury and Ipswich DBF 11887 11381
Rae portfolio at market value
- Central Board of Finance Investment Fund (cost £101,503; 2024 £101,503) 212186 221022
Croasdale and Fabric Committee portfolios at market value
- Central Board of Finance Investment Fund (cost £15,453; 2024 £15,453) 31094 32389
Mission Development portfolio at market value
- Central Board of Finance Fixed Interest Fund (cost £9,447; 2024 £9,447) 8542 8338
- Central Board of Finance Investment Fund (cost £54,764; 2024 £54,764) 102920 107206
Porter portfolio at market value
- CBF Investment Fund (cost £71,487; 2024 £71,487) 96816 100848
Fursland portfolio at market value
- CBF Investment Fund (original value £163,996; 2024 £163,996) 235985 245812
__ __
782570 813600
======= =======
12 Investments
St Peter's 2025 2024
Restated
£
 £
Fabric portfolio at market value
- Central Board of Finance Investment fund (cost £82,795; 2024 £82,795) 146269 147997
===== =====
13 Debtors
St Mary's St Peter's Thomas
Clarkson		 Parish Parish
Centre 2024
Tax recoverable:
restricted funds 610 610 640
unrestricted funds
Restricted funds 3597 3597 2791
Prepayments 569 50 619 555
Amounts due from other
parts of Parish 213
Other debtors 21438 522 21960 34896
______ _ _ ______ ______
26214 0 572 26786 39095
====== ======= ====== ====== ======
14 Current liabilities
St Mary's St Peter's Thomas
Clarkson		 Parish Parish
Centre 2024
Creditor restricted funds:
Mission collections 2473 1489 3962 4247
Fabric
Other 36 36 146
Accruals & deferred income 21927 8860 30787 33637
Amounts due to other
parts of Parish 213
Other creditors 2950 5 2955 4509
______ _____ _____ ______ _____
27386 1494 8860 37740 42752
====== ===== ====== ====== =====

18

Notes to the Financial Statements (continued) For the year ended 31 December 2025

15 Loans

No loans received from outside the PCC were outstanding at any time in the period of these financial statements

16 Analysis of Net Assets by Fund

16 Analysis of Net Assets by Fund
St Mary's Unrestricted Restricted Endowment Total Total
Funds Funds Funds 2024
£ £ £ £
Fixed asset investments
Endowments 51929 51929 54093
CBF Investments 31211 31211 32511
DBF Investments 11887 11887 11381
Rae portfolio 212186 212186 221022
Porter portfolio 96816 96816 100848
Tangible assets 0 0
Current asset investments
Croasdale & Fabric Committee 31094 31094 32389
CBF Mission Development portfolio 111462 111462 115544
Stock of guides, cards & books 3446 3446 4202
Debtors & prepayments 22007 4207 26214 37321
CBF Deposit Fund balances 15187 29638 44825 44825
Bank balances & deposits 82438 49953 132391 135435
Creditors (24877) (2509) (27386) (26933)
_ _ ______ __ __
240874 433272 51929 726075 762638
Current asset investment
For St Mary Fabric Fund
Reginald Fursland portfolio
CBF Investment Fund 235985 235985 245812
CBF Deposit Fund balances 211 211 211
_ _ ______ __ __
240874 669468 51929 962271 1008661
======= ======= ====== ======= =======
St Peter's Unrestricted Restricted Total Total
Funds Funds 2024
Restated
£ £ £ £
Tangible Assets 0 0
Bank balances & deposits 49796 201972 251768 266368
CBF Investments 146269 146269 147997
Debtors & prepayments 0 0
Creditors (5) (1489) (1494) (6645)
_ _ __ __
49791 346752 396543 407720
======= ======= ======= =======
Thomas Clarkson Centre Unrestricted Restricted Total Total
Funds Funds 2024
£ £ £ £
Property 250000 250000 250000
Expenditure on development 323599 323599 323599
Bank balances & deposits 53174 53174 52720
Debtors & prepayments 572 572 1774
Creditors (8860) (8860) (9174)
_ _ __ __
618485 0 618485 618919
======= ======= ======= =======

19

Notes to the Financial Statements (continued)

For the year ended 31 December 2025

17 Fund details
St Mary's
The unrestricted funds were designated as follows :
General Fund furtherance of the mission of St Mary's
Surplus on CBF shares surplus on General Fund investment therefore available to supplement General Fund
Clergy Housing Fund fund to finance maintenance of Clergy Housing for areas not maintained by Diocese
Mission Development financing of projects to advance the mission of St Mary's
Surplus on Mission surplus on Mission Development Fund investments therefore available to supplement
Development portfolio Mission Development Fund
Social & Fellowship Fund internal and external mission
Sound Fund maintenance and refurbishment of sound system
Tiddlywinks/Happy Hands Fund work with young children & parents
The restricted funds consist of:
Choir Association to maintain and develop St Mary's Choir
Fabric Fund to maintain and improve the Church fabric
Flowers Fund provision of flowers and floral displays
Grant Aided Youth Work Fund to provided Youth Work support by Diocesan grants
Mission Fund collections on behalf of other church societies & secular charities
Organ Fund to renovate and improve the Church organ
Phoenix Folk Group Fund to bring music to the wider community; dormant
Projects Fund Projects to improve the environment for worship within St Mary's
Surplus on Fursland portfolio Surplus on investments held from 2011 for Fabric Fund therefore available to
supplement Fabric Fund
Surplus on Porter portfolio Surplus on Fabric Fund investments therefore available to supplement Fabric Fund
Surplus on Rae portfolio Surplus on Fabric Fund investments therefore available to supplement Fabric Fund
Surplus on DBF deposit to maintain and improve the Church fabric particularly the Chancel
Surplus on Croasdale
bequest & fabric stocks Surplus on Fabric Fund investments therefore available to supplement Fabric Fund
The endowment funds consist of :
Name Value (£)
Valuation Date
Endowment in favour of
Sayer bequest 31633
31/12/2025
Fabric
Plumpton bequest 9634
31/12/2025
Organ
Raingate Street charity 3863
31/12/2025
General/Mission Development
Chancel Repair Fund 5439
31/12/2025
Fabric/insurance
J Sutton 406
31/12/2025
General
St Mary's Estate 710
31/12/2025
General
Lady Rivers Charity 244
31/12/2025
General

Though St Mary's receives the income on the Sayer Bequest, Plumpton bequest and Raingate Street Charity, and is entitled to the income on the Chancel repair fund, the capital is held by the Diocesan Board of Finance, as custodian trustee who hold the capital in the form of shares in the Central Board of Finance Investment Fund. St Mary's PCC holds the capital of the J Sutton, St Mary's Estate and Lady Rivers Charity in the form of shares in COIF Charities Investment Fund, shares in the CBF Investment Fund and shares in the CBF Investment Fund respectively. These are all permanent endowments which the PCC is not permitted to realise.

20

Notes to the Financial Statements (continued)

For the year ended 31 December 2025

17 Fund details (Continued) St Peter's

The unrestricted fund consists of :

General Daphne Swatman Mission Fund

furtherance of the mission of St Peter's bequests and donations for the development of mission This fund was characterised prior to 2013 as a Restricted Fund In 2016 this fund was renamed and absorbed the balance of the formerly named Mission Development Fund

The restricted funds consist of:

Fabric Fund

Surplus on Fabric portfolio

Little Fishes (Toddler Group) Fund Love Gift Fund

Lunch and Chat Fund Mission Fund People in Immediate Need Fund People in Need Fund Social & Fellowship Fund Tea and Chat Fund

to maintain, reorder and improve the Church fabric In 2016 this fund was renamed and absorbed the balance of the formerly named Reordering Fund Surplus on Fabric Fund investments therefore available to supplement Fabric Fund work with young children & parents giving a gift that is not urgent or essential but an expression of God’s love, expressed through His church provision of meals and companionship for older people collections on behalf of other church societies & secular charities renamed 2024 People in Need Fund giving relief to people in need internal and external mission; dormant contributions from an informal series of afternoon meetings

Thomas Clarkson Centre

The unrestricted fund consists of: General Fund Refurbishment Fund The restricted fund consists of: Appeal for equipment

letting and investment income and running costs reserves designated to be used for major work on building & contents

Special appeal for equipment and expenditure on that equipment; dormant

18 Bequests

The total bequests and donations in memoriam for the year were as follows

2025 2024
£ £
St Mary's St Peter's Parish Parish
Restricted and Designated Funds
including Fabric Fund
Miss Josephine Scott 1000 1000
Ronald Leslie Steele 500 500
Heulwen Stewart 0 2000
Unrestricted Funds
Jane Aston 0 1000
Heather Glasswell 1000 1000
Anne Hutton 0 607
Miss Josephine Scott 5000 5000
_ _ ______ _
7500 0 7500 3607
======= ======= ====== ======

19 Grants made and collections paid to others

The following grants were made to other organisations and individuals

2025 2024
£ £
St Mary's
from restricted funds 9845 4816
from unrestricted funds 18343 17906
---------- ----------
total 28188 22722
===== =====
St Peter's
from restricted funds 10883 9039
from unrestricted funds 6266 6191
---------- ----------
total 17149 15230
===== =====
Parish total 45337 37952
===== =====

21

Notes to the Financial Statements (continued)

For the year ended 31 December 2025

19 Grants made and collections paid to others (Continued)

The recipients of these grants were as follows:

2025 2024
St Mary's St Peter's Parish Parish
£ £
A2B (Aid to Balkans) 1436 1436 1200
BCY 1328 1225 2553 2871
Bury Drop In Centre 1641 1641 1671
Bury Town Pastors 1311 1293 2604 2871
Cancer Research UK 1111 1111
Cantus Firmus Trust 1065 1065
CAP (Christians Against Poverty) 1337 1337 1200
Children's Society 50 50
Churches Together 66 66 132 207
Dignity Freedom Network 1340 1340 1671
Gaza Appeal 583 583
Global Hope 105
Montgomery Heights 1811 1811 1671
MyWish charity 350 350
OMF International 20
Open Doors 1401 1401 1145
RAF Benevolent Fund 574 574 562
Royal Anglians 270 270
Royal British Legion 3217 50 3267 928
St George's Day 123
SIM/Fifields 6750 6750 6488
SIM/MacInnes Greece 1275 1275 1200
Simeon Trustees 100 100 200 200
Sporting 87 1318 1318 1671
Storehouse 9426 9426 9039
Tanzania Church Partnership Association
Tearfund 1446 280 1726 1891
Turkey/Syria appeal 500 500
Ukraine Appeals 2506 2506 1218
Other 111 111
--------- --------- --------- ---------
28188 17149 45337 37952
====== ===== ====== ======

22

Notes to the Financial Statements (continued)

For the year ended 31 December 2025

20 Restatements made to 2024 financial statements

In 2024 17.2% of the holding of CBF Investment Fund shares held by St Peter's was disposed of realising £30,000 which was invested in a CBF Deposit Fund account. This part disposal was not shown in the 2024 financial statements which were approved by the PCC. The 2024 financial statements have been restated to reflect this transaction. The net assets and fund balances shown in the approved financial statements are unchanged by this restatement. The effect of the restatement on the 2024 assets on the balance sheet are to reduce the value of investments by £30,704 and to increase the balances held on bank and deposit accounts by the same amount. The effect of the restatement on the Statement of Financial Activities is to increase the investment income by £704 and reduce the gain on investments by the same amount. All these restatements originate with St Peter's and affect the assets and income and gains of the Parish by the same amounts. The assets, fund balances and income and gains of St Mary's and the Thomas Clarkson Centre have not been restated.

21 PCC responsibilities for repair

No general provision has been made in the accounts for liabilities to maintain the Church buildings.

At St Mary's all major work identified by the latest quinquennial survey was carried out in 2023 and 2024. No large items of expenditure on fabric are expected to be incurred in 2026.

A quinquennial inspection of St Peter's church was carried out in March 2022. Two sections were identified as needing remedial works and repairs at estimated costs of £4,000 for general repair work and £9,500 for repairs to stonework. Some of the general repair works have been carried out by church members. Stonework repairs were planned for late Spring 2023 and are expected to take place in Spring 2026. The cost of this work is now expected to have increased by ca. £1,000.

The last estimate for the cost of the extension to the church was £1m by contrast to the estimate of £450,000 when the scheme was conceived. St Peter's DCC has decided that the extension as originally conceived is unachievable and the original project has been terminated. Consideration is now being given to re-ordering the church. The reordering of the church is currently subject to a cost limit of £300,000.

Work was completed in 2013 on a major scheme affecting the structure of the Thomas Clarkson Centre. Further refurbishment and security work was carried out in 2019. Further refurbishment is expected in future years dependent on available resources.

22 Material transactions with members of the PCC

Other than the remuneration and benefits referred to in note 7 above, there have been no material transactions undertaken in the name of or on behalf of the PCC in which any person connected with the PCC has a material interest. The total income donated by members of the PCC amounted to £37,842. This amount does not include recurrent recoveries of tax under the Gift Aid provisions, which are estimated to amount to £9,461 .

23 Remuneration of auditor/independent examiner

Robin Jackson, director of Churchgate Accountants Ltd, Bury St Edmunds has acted as independent examiner of the 2024 financial statements.

These statements contain a cost of £1,560 in respect of Independent Examination of the 2024 financial statements and report and a provision of £1,560 in respect of Independent Examination for 2025.

No fees were paid to the Independent Examiner in respect of any other services rendered to the PCC. Fees were paid to Churchgate Accountants Ltd of £1,620 (2024 £1,620) in respect of the provision of payroll services. Fees were paid to Churchgate Accountants Ltd of £90 (2024 nil) in respect of identity verification.

24 Insurance of buildings

The insurance cover of the buildings and contents at January 2025 were as follows : St Mary's Church £49,312,316, St Peter's Church £6,650,000 and Thomas Clarkson Centre £3,300,000. The valuations were based on surveys carried out in 2023 and include improvement work at the Thomas Clarkson Centre. Insurance cover is 100% of the valuations of St Mary's, St Peter's and the Thomas Clarkson Centre.

23

Independent Examiner's Report to the trustees of St Marfs with St Peterfs Parochial Church Council I report on the accounts of St Mary's with St Peterfs Parochial Church Council for the year ended 31 December 2025, which are set out on pages I to 29. This report is made solely to the trustees, as a body. in accordance with the General Direction5 given by the Charity Commission. My work has been undertaken so that I might state to the charity's trustees those matters l am required to state to them in an independent examiner's ￿port and for no other purpose. To the fullest extent permitted by low. I do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body. for my work. for this report. or for the opinions I have formed. Re5pectlve responsibilities of the trustees and e¥aminer The charivs trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144 of the Charitie5 Art 2011 (the Charities Act) and that an independent examination is needed. The charivs gross income exceeded £250.000 and l am qualified to undertake the examination by being a qualified member of the ICAEW. It is my responsibility to: examine the accounts under section 145 of the Charities Act; follow the procedures laid down in the General Dirertions given by the Charity Commission under section 14515llbl of the Charities Att,. and to state whether particular matters have come to my attention. Basis of indeptndent examinerfs report My examination was carried out in accordance with the General Direction5 given by the Charity Commission. An examination includes a review of the accountin8 records kept by the charity and comparison of the accounts presented with those ￿e0rds. It also includes consideration of any unusual items or disclosures in the accounts. and seeks explanations from you as trustee5 concerning any such rnatter5. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fairf view and the report is limited to those matters Set out in the statement below. Independent examlner's statement In connection with my examination. no material matters have come to my attention which gives me cause to believe that in. any material respea= the accounting record5 were not kept in accordan￿ with settion 130 of the Charitie5 Act: or the accounts did not accord with the accounting records- or the accounts did not comply with the applicable requirernents concernin8 the form and content of account5 set out in the Charities (Account5 and Reports) Regulations 2CK)8 other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as Part of an independent examination. I have come acro55 no other matters in connection with the examination to which attention Should be drawn in this report in order to enable a proper understsnding of the accounts to be reached. Signed Date lolc Robin Jatkson FCA Chartered Accountant Churchgate Accountants Limited Langton Place Bury St Edmunds