## St Giles, Balderton PCC Accounts 2025
Balance Sheet and Statement of Financial Activity (SOFA) Trustees Report on and Notes to the Financial Statements
## BANK TSB
INVESTMENT MANAGERS CCLA (Diocesan Board of Finance)
Charity registration number 1135321
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=| CHARITY COMMISSION | Independent examiner's report on the
ey? FOR ENGLAND AND WALES accounts
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Section A Independent Examiner’s Report
Report to the trustees/ THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
members of PARISH OF ST. GILES BALDERTON, SOUTHWELL AND NOTTINGHAM
On accounts for the year | 31 December 2025 | Charity no | 1135321
ended
Set out on pages | Pages 1 to 5 (One to Five) — including these two pages
| report to the trustees on my examination of the accounts of the above
charity (“the Trust”) for the year ended 31/12/2025.
Responsibilities and As the charity's trustees, you are responsible for the preparation of the
basis of report accounts in accordance with the requirements of the Charities Act 2011
(‘the Act”).
| report in respect of my examination of the Trust’s accounts carried out
under section 145 of the 2011 Act and in carrying out my examination, |
have followed all the applicable Directions given by the Charity Commission
under section 145(5)(b) of the Act.
Independent | have completed my examination. | confirm that no material matters have
examiner's statement come to my attention in connection with the examination which gives me
cause to believe that in, any material respect:
¢ the accounting records were not kept in accordance with section 130
of the Charities Act; or
e the accounts did not accord with the accounting records; or
e the accounts did 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.
| 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.
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Name: | Darren Warren — Paxton Independent Examiners
Relevant professional
qualification(s) or body :
Address: | 61a High Street South
Northants, NN10 ORA
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Page 1 of 5
PAROCHIAL CHURCH COUNCIL OF St GILES, BALDERTON.
## TRUSTEES’ ANNUAL REPORT 2025
## Aims and purposes.
- | St Giles’ Parochial Church Council (PCC) has the responsibility of cooperating with the incumbent, the Reverend Louise Holliday, in promoting in the ecclesiastical parish, the whole mission on the
- | Church, pastoral, evangelistic, social and ecumenical. The PCC is also specifically responsible for | the maintenance of the St Giles Community Hall, Main Street, Balderton. | | Objectives and activities. | The PCC is committed to enabling as many people as possible to worship at our church and to become part of the parish community at St Giles. The PCC maintains an overview of worship
- | throughout the parish and makes suggestions on how our services can involve the many people who live in the parish. Our services and worship put faith into practice through prayer and scripture, music and sacrament. St Giles is an Inclusive Church. When planning our activities for the year, the PCC has considered the Commission’s guidance on
- public benefit, particularly the supplementary guidance on charities for the advancement of
- | religion. We try to enable ordinary people to live out their faith as part of our parish community | through: | e Worship and prayer; learning about the gospel; and developing their knowledge and trust in Jesus.
- | e Provision of pastoral care for people living in the parish. | e Missionary and outreach work. | Thee Trustees’The Vicar’s ReportReport continues in the sub-sections written by: | e The Safeguarding Officer | e The Church Wardens (including Church Fabric and the Community Hall) | e The PCC Secretary | e PCC Electoral Roll Officer | . | **e** DeaneryMinistry suppSyn **o** rtd teamsmembers (including the Choir, Worship Band, Bell Ringers) | e Ministry Outreach teams (including Drop in Café: Walk and talk, Gardening group, Mums | and Toddlers, St Giles Men’s Groups, Wednesday Ladies Group and the Mothers’ Union) | NOTES TO THE FINANCIAL STATEMENTS
- | For Year Ended 31st December 2025
## ACCOUNTING POLICY OF THE PCC
The financial statements of the PCC have been prepared in accordance with the Church Accounting Regulations 2006 together with applicable accounting standards and the Charities SORP 2015.
The financial statements have been prepared under the historical cost convention except for the valuation of investment assets which are shown at market value.
As the annual income of the PCC is below £250,000 these accounts have been prepared on a Receipts and Payments basis.
|
Endowment funds are funds, the capital of which must be retained either permanently or at the | PCC’s discretion; the income derived is to be used either as restricted or unrestricted income funds | depending upon the original purpose of the endowment. |
## Funds
Unrestricted funds represent the funds of the PCC that are not subject to any special restrictions regarding their use and are available for application to the general purposes of the PCC.
.
Restricted funds comprise of income from endowments with restricted purposes and revenue donations or grants for a specific PCC activity intended by the donor.
Designated funds are general funds set aside by the PCC for future use for a particular project and are unrestricted; surplus funds will be moved by the PCC to general funds.
The accounts include all transactions, assets and liabilities for which the PCC can be held responsible. They do not include the accounts of other Church groups that owe an affiliation to another body, nor those that are informal gatherings of Church Members. Copies of these accounts are requested by the treasurer on behalf of the P.C.C. in case of any conflict of interest arising.
## Incoming Resources
## Voluntary income and capital sources
Collections are recognised when received by or on behalf of the PCC. Planned giving receivable under Gift Aid is recognised only when received. Income tax recoverable on Gift Aid donations and through the GASDS is recognised when claims from HMRC are received.
Grants and legacies to the PCC are accounted for when the PCC has received the amount due.
## Other income
Other income including the rental income from the letting of the church hall is recognised when the payments are received.
## Income from investments
Dividends are accounted for when received. Interest entitlements are accounted for when received. Tax recoverable is recognised in the same accounting year.
## Gains and losses on Investments
Realised gains and losses are recognised when investments are sold. Unrealised gains or losses are accounted for on the revaluation on investments at 31 December 2025. The proceeds of the sale of a parcel of Shell Shares (Lewin unrestricted bequest) to fall in line with the Investment in Fossil Fuels policy of the Church of England and to improve the capital needed for the use of the charity was received in January 2025.
Grants
|
Grants and donations are accounted for when paid over.
## Resources Expended
## Activities directly related to the work of the Church.
The diocesan parish share is accounted for when paid. The parish share for 2025 for which St Giles PCC was responsible to pay to the diocese was £57432 which was paid if full (100%) by December 2025. All other expenditure was to support the worship and mission of the parish church including daily running costs, materials for worship, clergy and officers’ fees, energy, the costs involved maintaining the Community Hall and appropriate fees belonging to the Diocese of Southwell & Nottingham.
## Fixed Assets
## Consecrated property and movable church furnishings
- The following assets are excluded from the financial statements: e Consecrated and beneficial property of any kind is excluded from the accounts by $96(2)(a) of the Charities Act 1993.
- e Movable church furnishings held by the churchwardens on special trust for the PCC. e Other fixtures and fittings and office equipment where the PCC is free to dispose of such assets without faculty and where the original cost exceeded £1000.
All expenditure incurred in the year on consecrated or beneficial buildings, individual items under £500 or on the repair of movable church furnishings is written off.
## Investments
Investments with CCLA are valued at market value on 31 December 2025.
## Reserves Policy
It is the policy of the PCC to try to maintain a balance:on free reserves which equates to at least three months’ unrestricted payments. It is held to smooth out fluctuations in cash flow and to meet emergencies. The balance of free reserves of £5000 was agreed by the Standing Committee as sufficient for known needs.
The balance of £200,000 in the restricted funds (investment and bank) is retained towards and fabric needs for the church building and for the upkeep and development of the Community Hall building.
Page 1 of 1
: | : | | | | | : | | |
## Paxton
## Balance Sheet as at 31/12/2025
## St Giles PCC
Printed: 13/01/2026
|||||Total funds|Prior yearfunds|
|---|---|---|---|---|---|
|ixed assets||||||
|intangible assets||||0|0|
|angible assets||||0|0|
|Heritage assets||||0|0|
|Investments||||179,407|202,996|
||||Totalfixedassets|179,407|202,996|
|urrent assets||||||
|Stocks||||0|0|
|Debtors||||3,214|1,574|
|nvestments||||0|0|
|Cash atbankandinhand||||37,298|15,487|
|||Totalcurrent assets||40,512|17,061|
|reditors: amounts fallingduewithin oneyear||||0|0|
|Netcurrentassets((liabilities)|||assets((liabilities)|40,512|17,061|
|Totalassets||less|current liabilities|219,919|220,058|
|reditors: amounts falling due after morethan|oneyear|year||0|0|
|Provisions for liabilities||||0|0|
|otalnetassetsorliabilities||||219,919|220,058|
|Funds ofthe charity:||||||
|Endowment funds||||0|0|
|Restrictedincome funds||||214,768|217,775|
|nrestricted funds||||$151|2,282|
|Revaluation reseerve||||0|0|
|||Total charityfunds||219,919|220,058|
|Signedbyoneortwotrustees
onbehalfofallthetrustees|:
Siguature|||:
Dateofapproval
PrintName
dd/mm/yyyy
K.Witst | loj2j2é||
||6)||A|||
|Paxton|CharityCommission|BalanceSheetDetails|BalanceSheetDetails|BalanceSheetDetails|Details|Details||Page I of1|
|---|---|---|---|---|---|---|---|---|
|St GilesPCC|||||||Printed:|13/01/2026|
|December 2025|||||||||
||Unrestricted||Restricted|Endowment|||YearTotal|LastYear|
|B04 Investments|||||||||
|200801 ChurchHall|0||23,486|||0|23,486|23,764|
|200802 ChurchYard Hole|0||4,728|||0|4,728|4,925|
|200803 Hole Bequest|0||4,728|||0|4,728|4,925|
|200804 Lewin Bequest|0||0|||0|0|24,258|
|200806 Kettleborough|0||7,689|||0|7,689|71,779|
|200809 ChuRoberts|0||3,440|||0|3,440|3,480|
|200804b Lewin Bequest|0||22,475|||0|22,475|23,380|
|Fabric reserve fund|0||112,861|||0|112,861|110,484|
||0||179,407|||0|179,407|202,995|
|B07 Debtors|||||||||
|Recoverable Gift Aid|2,095||1,119|||0|3,214|1,574|
||2,095||1,119|||0|3,214|1,574|
|B09 Cash atbankand in hand|||||||||
|Lloyds TSB|3,051||34,248|||0|37,298|15,482|
|PettyCash|5||-5|||0|0|6|
|Natwest|0||0|||0|0|0|
||3,056||34,243|||0|37,298|15,488|
|B18 Restricted income funds|||||||||
|Retained Surplus|0||214,768|||0|214,768|23775|
||0||214,768|||0|214,768|217,775|
|B19 Unrestrictedfunds|||||||||
|RetainedSurplus|5,151|*-|Oak||.|O|5,151|2,282|
||5,151||0|||0|5,151|2,282|
.,
Paxton _
## Charity Commission SOFA Report as at 31/12/2025.
## St Giles PCC
|St Giles PCCPCC|St Giles PCCPCC|St Giles PCCPCC|St Giles PCCPCC|St Giles PCCPCC|St Giles PCCPCC|
|---|---|---|---|---|---|
|nesses||||||
|=
funds
Incomefunds
funds|||||funds|
||£|£|£|£|£|
|incomeandendowments from:||||||
|Donationsandlegacies
Charitable activites|82,343
0|29,474
0|0
0|111,817
0|138,111
0|
|Othertradingactivities
Investments
Separatematerialitemof
income|1,689
6,237
0|2,460
903
0|0
0
0|4,148
7,139
0|6,800
7,909
0|
|Other
[Tost
Xpenditure on:|0
90268[amas|0
‘
0
[amas||||0
ats ||0
a]|
|Raisingfunds
Charitable activities
Separatematerialitemof|0
90,464
0|0
33,448
0|0
0
0|0
123,912
0|65
172,397
0|
|expense||||||
|Other
0
0
0
0
CY)
Ed|||||0|
|etincome/(expenditure)
beforeinvestmentgains/(losses)|Se|“612|*|ees|“B68|
|Netgains/(losses)on
investments|0|669|0|669|1,343|
|Netincome/(expenditure)
-195
xtraordinaryitems
0
ransfersbetweenfunds
3,064
NetMovementinFunds [288]||57
0
-3,064
8007 ||0
0
0
||+139
0
0
ca|~18,300
0
0
can]|
|eS|ESSSSSSE|||||
: !
Page 3 of 5
|.
## Paxton
## Charity Commission SOFA Details Report
## St Giles PCC
|December2025
RS|assesses|assesses|assesses|assesses|venient|venient|
|---|---|---|---|---|---|---|
|S01 Donations and legacies|Unrestricted|Restricted|§Endowment||Year Total|Last Year|
|DonationsReceived
MiscDonations
ServiceCollections
BaptismCollections
FuneralsCollections
WeddingsCollections
EnvelopeCollections
ChurchHallBookings
WeddingFees
FuneralFees
Printing Sales
OtherSales/Income
BequestsandLegacies
GiftAidTaxClaimed|24,351
10,067
6,510
581
1,825
511
3,076
17
5,290
16,940
20
4,367
0
8,788|48
1,434
0
0
0
0
24
24,873
0
0
0
1,838
256
1,001||0
0
0
0
0
0
0
0
0
0
0
0
0
0|24,399
11,501
6,510
581
1,825
dil
3,100
24,890
5,290
16,940
20
6,205
256
9,789|24,035
38,558
5,226
1,095
848
701
3,851
22,156
8,225
14,800
1,300
3,692
3,500
10,123|
||82,343|29,474||0|111,817|138,110|
|S03 Othertradingactivities|||||||
|Fundraising-Church
Coffee Sales|1,075
614|2,460
0||0
0|3,535
614|6,439
361|
||1,689|2,460||0|4,149|6,800|
|S04Investments|||||||
|Dividends
Interest|6,235
2|903
0||0
0|7,137
2|7,909
0|
||6,237|903||0|7,139|7,909|
|S09Charitable activities|||||||
|ParishShare
Materials forServices
Subscription/Licenses
SalariesandWages
Organists'Salaries
Employer'sNI
ChoirFees Paid
ClergyFees Paid
Bellringer'sFees
VergerFees Paid
Sunday ClubCosts
WeddingFeesPaid
FuneralFeespaid
GeneralTravelExpenses
SubsistenceCosts
Training Costs
Heat&Light
Rates
WaterRates
PremisesInsurance
ChurchHall CaretakerWages|52,432
“
1,128
2,142
3,680
2,610
915
360
2,472
950
2,310
8
1,317
3,152
16
0
258
4,624
0
0
3,816
0|5,000
Wg
391
3,448
0
0
0
0
0
0
0
0
0
119
480
0
3,985
1,249
990
2,586
1,800|“|0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0|57,432
1,302
2,533
7,128
2,610
915
360
2,472
950
2,310
8
1,317
3,152
135
480
258
8,609
1,249
990
6,402
1,800|54,576
2,455
2,581
5,731
2,440
985
280
2,733
1,140
2,520
0
2,078
5,733
600
0
240
8,051
1,201
987
6,200
3,600|
|||||||Page4 of5|
er Charity Commission SOFA Details Report
—— is
## St Giles PCC
|Se
Ssnnssessinesisensasersssstnsmsnssesusvsensesasesuniensisnpeunttnsinsismms|Se
Ssnnssessinesisensasersssstnsmsnssesusvsensesasesuniensisnpeunttnsinsismms|Se
Ssnnssessinesisensasersssstnsmsnssesusvsensesasesuniensisnpeunttnsinsismms|Se
Ssnnssessinesisensasersssstnsmsnssesusvsensesasesuniensisnpeunttnsinsismms|Se
Ssnnssessinesisensasersssstnsmsnssesusvsensesasesuniensisnpeunttnsinsismms|Se
Ssnnssessinesisensasersssstnsmsnssesusvsensesasesuniensisnpeunttnsinsismms|Se
Ssnnssessinesisensasersssstnsmsnssesusvsensesasesuniensisnpeunttnsinsismms|
|---|---|---|---|---|---|---|
|Church
HallCleaningMaterials
Church
CleaningMaterials
Repairs
OtherPremisesCosts
Telephone/fax/email
Printing/photocopying
Postage
Stationery
Website
MaterialsCosts
EquipmentPurchases
ComputerSupplies
EquipmentRepairs
OrganCosts
OtherCosts
BankCharges
ProfessionalFees|Unrestricted
6
0
90
19
1,546
2,994
42
191
0
266
37
0
0
360
1,939
485
297|Restricted
1,680
31
7,385
1,267
110
0
0
22
0
78
504
0
239
90
1,821
0
0|§Endowment
0
0
0
0
0
0
0
0
0
:
0
0
0
0
0
0
0
0||YearTotal
1,687
31
TAT5
1,286
1,657
2,994
42
213
0
344
541
0
239
450
3,760
485
297|Last Year
1,224
27
27,214
12,355
1,492
4,030
26
299
12
287
15,924
46
735
168
2,979
516
931|
||90,462|33,448||0|123,913|172,396|
|$14Netgains/(losses) on investments|||||||
|Gain/lossonInvestments|0|-669||0|-669|-1,343|
||0|-669||0|-669|1,343|
|S17 Transfers betweenfunds|||||||
|TransfersBetweenFunds|-3,064|3,064||0|0|0|
||-3,064|3,064||0|0|0|
Page 5 of 5