THE PARISH OF HOLY TRINITY, NAILSEA
Annual Report and Financial Statements of the Parochial Church Council
for the year ended 31 December 2025
Rector:
The Reverend James Packman
Bankers:
Lloyds Bank plc, 16 The Triangle, Clevedon BS21 6NB CAF Bank Ltd, 25 Kings Hill Avenue, Kings Hill, West Malling ME19 4JQ
Independent Examiner:
Mr. Nick Michael, Charlton Baker (Bristol) LLP 61 Macrea Road, Ham Green Bristol BS20 0DD
Contact details:
The Parish Office, Holy Trinity Church, 2 Church Lane, Nailsea BS48 4NG Telephone: 01275 853 227 Email: welcome@htnailsea.org.uk
Website:
www.htnailsea.org.uk
Charity Registered Number: 1135454
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THE PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY, NAILSEA
Annual Report for the year ended 31 December 2025
Introduction
Holy Trinity Church is situated in Nailsea. It forms part of the Deanery of Portishead in the Diocese of Bath and Wells, within the Church of England. The church is a Grade 1 Listed Building.
At the time of the 2025 Annual Parochial Church Meeting (APCM) there were 218 members on the Electoral Roll following its six-yearly complete revision (240 in 2024; 235 in 2023).
Structure, Governance and Management
The Parochial Church Council (PCC) is a corporate body established by the Church of England and operates under the Parochial Church Council Powers Measure of 1956. In accordance with the Charities Act of 2006, the PCC has registered with the Charity Commission as an independent charity under the legal name of the Parochial Church Council of the Ecclesiastical Parish of Holy Trinity Nailsea (working name Holy Trinity Church), Registration Number 1135454.
Holy Trinity’s PCC has the responsibility of co-operating with the incumbent in promoting in the parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical.
The PCC is responsible for maintaining and managing all the church buildings including the church hall in Church Lane.
PCC members who have served during the year and until the date that this report was approved were:
| The Incumbent | Rev. James Packman | Chair |
|---|---|---|
| Associate Minister | Rev. Trevor Dean | |
| Reader | Ruth Jolly | |
| Churchwardens | Vernon Parfitt | Vice Chair and appointed annually at APCM |
| Jutta Hank | appointed annually at APCM | |
| Deanery Synod Reps | Rob Norman # | to 2026, appointed for 3 years at APCM |
| Caroline Mason # | to 2026, appointed for 3 years at APCM | |
| Tim Jolly | to 2026, appointed for 3 years at APCM | |
| Chris Hughes | to 2026, appointed for 3 years at APCM | |
| Elected members | Rachel Baines * | to 2026, PCC Secretary |
| Sally Winsor * | to 2026 | |
| Paul Gibson * | to 2026, Treasurer to PCC | |
| Chris Barnes ** | to 2027 | |
| Mary Southwood * | to 2027, Safeguarding Officer | |
| Lizzie MacGowan * | to 2027 | |
| Carole Hughes * | to 2028 | |
| Graham Adkins ** | to 2028 | |
| Chris Foggin * | to 2028 | |
| In attendance | Adam Griffin | Community and Youth Minister |
| Peter Marriner | Head of Administration |
also Diocesan Synod * 1[st] term ** 2[nd] term (PCC members must take one year away after two consecutive terms)
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The method of appointment of PCC members is set out in the Church Representation Rules (2025). Members of the congregation are always encouraged to join the Electoral Roll, and to consider standing for election to the PCC and/or nominating others. Ongoing training is offered for all members of the PCC, particularly in areas of special interest such as finance and safeguarding. The PCC benefits from training offered through the Diocese of Bath and Wells.
The PCC meets six times a year and has ultimate responsibility for a wide range of matters affecting the parish, including finance, risk management, approval of individuals for authorised ministry and such matters as compliance with Health and Safety, GDPR, Disability Discrimination Legislation and Safeguarding.
The PCC has six subcommittees to assist in its work:
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Fabric (church, churchyard, organ, audio/visual, tower (including the clock), church hall, Trinity House/Centre, lower graveyard, repairs and maintenance)
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Evangelism and Community (encouraging and praying for all aspects of the church’s outreach and community involvement, supporting and praying for the Community and Youth Minister)
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Mission Support (recommending for the use of the church’s mission support budget and encouraging regular prayer support for mission partners)
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Finance (oversight of all financial matters)
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Personnel (staff employment policies, recruitment and staff )
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Church Hall (responsible to the PCC for managing the church hall)
The Rector, churchwardens and PCC manage the ministry and mission of the parish through the above subcommittees, and leaders’ teams, staff and individuals, appointed by the PCC as appropriate.
The church benefits from the preaching ministry of Rev. James Packman (Incumbent and Rector), Rev. Trevor Dean (Associate Vicar, self-supporting), Adam Griffin (Community and Youth Minister) Lay Readers Ruth Jolly and Caroline Mason, and retired vicars Rev. Robin Hazlehurst and Rev. Kevan Royle. Holy Trinity’s employees this year were Adam Griffin, Charlotte Berry (Children and Families Worker), Peter Marriner (Head of Administration), Penny Smith (Front Desk Administrative Assistant), Samantha Sandy (Finance Assistant) and our two cleaners, Sarah Haigh and Julie Kerkin.
Objectives and Activities
The primary object of the PCC is the promotion of the Gospel of our Lord Jesus Christ according to the doctrines and practices of the Church of England.
The PCC has complied with its duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have due regard to House of Bishops’ guidance on safeguarding children and vulnerable adults). Holy Trinity’s Safeguarding Officer reports to every PCC meeting with updates on Holy Trinity’s Safeguarding Action Plan and details of DBS checks. A Safeguarding Report follows on pages 7 and 8.
When planning and reporting on Holy Trinity’s activities for the year, the PCC has had regard to the Charity Commission’s guidance on public benefit, and, in particular, the specific guidance on charities for the advancement of religion. PCC members are given advice about public benefit each year, and the PCC also carries out a review of public benefit each year in relation to all Holy Trinity’s events and activities, to ensure compliance. A complete list of all Holy Trinity’s groups and activities connected with church services, Christian growth, pastoral care, mission and outreach in the community can be found on pages 5 and 6.
Achievements and Performance
We thank God for his continued provision and guidance throughout 2025.
We continued to gather in worship of God at four times during each week:
- 9am on Sundays – this is a traditional service, with a ‘Hymns of Praise’ service on the first Sunday of each month, and a BCP Communion service on the 5[th] Sunday of a month (when there is one). Communion is
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part of the service every week except for ‘Hymns of Praise’. Average attendance in 2025 was 46 (49 last year).
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10:45am on Sundays – this is an act of worship with more modern songs and designed for all ages (including groups for children and youth). We have a ‘Worship For Everyone’ service on the first Sunday of each month where all ages stay in the service (sometimes featuring baptisms or dedications), and we include communion on the 4[th] Sunday. Average attendance in 2025 was 92 (last year 95) for those over 16, and 16 (last year 12) for those under the age of 16.
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6:30pm on Sundays – this is a more informal act of worship with extended time for singing and opportunities to share how God is at work in our lives, and includes Communion on the third Sunday of each month. Average attendance in 2025 was 52 (52 last year).
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11am on Thursdays – this act of worship is accompanied by either organ or piano, and includes Communion on the first Thursday of each month. Average attendance in 2025 was 19 (16 last year).
We are encouraged by an increase in the number of families, children and youth who attend our services regularly, and by the steady stream of young people coming for Confirmation.
Our teaching series at Sunday services included parts of the Old Testament books of Proverbs and 2 Chronicles, and parts of the New Testament books of Mark and 1 Corinthians, as well as an exploration of the Nicene Creed.
Each week the talk from our 10:45am service is uploaded to our YouTube channel.
In 2025 we had 2 baptisms (5 last year), no thanksgivings for a child (none last year), 1 wedding (5 last year), 1 wedding blessing (2 last year), 4 funerals (5 last year), and 18 burials of cremated remains (only 5 last year, but the increase in 2025 is because we opened our new memorial garden and some had been waiting for this to open).
We had two joint ‘Church Together’ services during the year, preceded by pastries and coffee, and followed by a bring-and-share lunch – one in March and one in July.
The Trinity Festival took place over the first weekend in October, with guest speaker James Dudley-Smith speaking on the book of Colossians. 136 people signed up, and as well as the teaching we enjoyed worship, food, activities and a quiz.
During 2025 we had a total of 13 small groups, led by a band of dedicated leaders. This is one group more than the year before. The leaders met together three times during the year. Small groups are the primary place where we can engage on a more personal level with each other. They are designed to be places where we can share and pray for one another, as well as to study the Scriptures.
The pastoral group meets monthly and prays diligently for those in need, offering practical help to those not cared for within our small groups.
Our biggest outreach of the year was the Summer Festival held in June. It raised around £5,000 that was split between Zuia Trafficking (a Holy Trinity mission partner that’s based in Tanzania) and Holy Trinity Community outreach. It involved a team of people walking the height of Mount Kilimanjaro by climbing the church tower stairs, a teddy bear zip wire from the church tower down into the Trinity Garden, church history tours, a bouncy castle, soak-the-Vicar, a café, a bar and a pizza oven selling Tanzanian-themed refreshments.
Looking forward, the PCC met for a day to consider how we might further develop our community engagement. The Trinity Café is the natural interface with our local community. It currently opens four days a week from 9am-1pm. A team was tasked with looking at possible expansion. Restraints on resources (volunteers and physical space) remain an obstacle, but exploration continues into 2026.
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Overview of church groups and activities
In November 2025 Holy Trinity published a separate Autumn Review containing reports and details of the many organisations and groups that are part of our church family. It is available from the Church Office or can be downloaded from our website: www.htnailsea.org.uk
The table below also gives an immediate overview of all activities connected to church services, leadership and administration, and church-organised groups for church members and wider public benefit. If a group/activity has inadvertently been omitted, please contact the PCC Secretary so that it can be added next year.
| After service refreshments | Holy Trinity Family Days (holiday club) |
Rock Solid |
|---|---|---|
| Aspire women’s ministry | Holy Trinity Juniors | Safeguarding |
| Bell ringing team | Holy Trinity Kids | Schools’ Ministry |
| Bible reading in services | Hospitality team | Service leaders |
| Bible reading notes | Lay Readers’ Ministry | Small Groups (bible study) |
| Bike to Breakfast | Library | Sole Support |
| Board Game Café | Living Life to the Full* | Sound desk team |
| CAP Befrienders | Living Well course | Standing Committee |
| CAP money coaching | Marriage Preparation | Stewards |
| Carers’ group | Men’s ministry | Summer Festival |
| Christmas Fair | Mission Support subcommittee |
Sunday catchup videos |
| Church Hall subcommittee | Morning Break | Sunday Youth |
| Comedy evening | New housing visiting team | The Chosen |
| Confirmation classes | Organists and worship teams |
Thursday Club |
| CTINAD | Paid Staff | Thursday service |
| Churchwardens | Pastoral Group | Treasurer |
| Duty wardens | PCC and PCC Secretary | Trinity Café |
| Early morning prayer online | Personnel subcommittee | Trinity Festival |
| Electoral Roll Officer | Pop-In | Trinity Garden |
| Encounter and Movement Youth Services |
Prayer meetings and events | Uganda Fund |
| Evangelism, Community and Housing subcommittee |
Prayer ministry in services | Welcome team |
| Explore Spirituality sessions | Room bookings | Youth Alpha |
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| Fabric subcommittee | Prayer leading in services | Young at Heart |
|---|---|---|
| Finance subcommittee | Preaching team | Youth Home Group |
| Finance team | Proclaim projection team | Youth Leadership Course |
| Flower arrangers | Quiet mornings |
*Holy Trinity Church holds the Living Life to the Full licence. The course is held at Holy Trinity Church, but delivered by Wellspring Counselling.
All the activities, groups and teams listed above have contributed to the objectives and achievements of the PCC. In addition to these, church members organised or were involved in many other activities which built up our common life, contributed to outreach activities, and used our resources to benefit as many as possible from our local community.
Contribution of Volunteers
In common with most churches, God’s work at Holy Trinity could not happen without the input of many volunteers who offer their service willingly, and often with great self-sacrifice. Their contribution makes everything possible at Holy Trinity. It is our Christian joy to serve God, our church and our neighbours in this way. This report expresses the gratitude of the PCC and all church leaders, to all who play their part in God’s work here at Holy Trinity Church and in the wider community.
Working with other local churches
Four members of the PCC are elected representatives to the Portishead Deanery Synod. The Deanery Synod promotes collaboration with the other 27 local Anglican churches in the Deanery and keeps churches in touch with both the Diocesan and General Synods. A full report of the 2025 Deanery Synod meetings will be attached to the 2026 APCM agenda.
This year Rob Norman continued in his role as Lay Dean for Portishead Deanery and Caroline Mason continued as Lay Chair of Diocesan Synod and on Bishop’s Council. The church was delighted this autumn when she was appointed as a Wells Cathedral Prebendary and installed as a member of the College of Canons.
In January we joined with our brothers and sisters in CTINAD (Christians Together in Nailsea and District) at Nailsea Methodist Church where the speaker was Phil Williams from Christian Surfers.
Church Buildings and Contents
The fabric team aims to maintain our beautiful buildings and grounds to a high standard to support our worship of God and our service to the community. We fix what we can, using contractors for major projects and work that involves electricity or gas. For example we have updated the fire exit signs, redecorated in Trinity House, and PAT tested all 198 devices owned by the church. We have fought to keep the graveyard and churchyard safe and tidy.
Church and Towe r The main issue has been the faulty underfloor heating in the church. This is partially fixed, but a final solution will involve the replacement of iron pipework in 2026. We have installed a new digital sound desk and LED ceiling uplighters. The quinquennial inspection took place in November 2025, but the report has not been received. We have been warned that the East parapet of the roof will need significant work to the tune of several thousand pounds, but we are yet to be informed of anything else significant. Trinity Centre and Café The leak in the café roof has been reduced and indeed may now be fixed, but this will not become clear until 2026. The new coffee machine for the café proved very unreliable, and after discussions with the supplier, the machine is being replaced free of charge with a more suitable one. New chairs for the lounge arrived in December 2025.
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Trinity House We have a serious problem with apparent rising damp in all rooms along the West side of Trinity House, due to poor wall treatments and rising ground levels. Studies are under way, in preparation for work in 2026. We are checking to see if we can manage the damp this winter with selective heating of these rooms with the new computerised boiler controls. In the front garden we are planning to provide more and safer parking for disabled users. But the number one problem has been the severe leak in the plumbing of the Tithe room in June. The leak also caused damage to the disabled toilet below, and to the kitchen of the Youth and Children’s workers’ office. Repairs are in hand, along with ongoing discussion with the insurers about the final resolution.
Churchyard and Graveyard We have provided a welcome and essential service to the community with a new memorial garden for the burial of ashes sited in front of the church. We are studying the poor stability of the some of the graveyard walls. We are attempting to monitor the movement of these walls, and we are in discussions with all parties involved. We intend to make major repairs starting in 2026/2027.
Garden T he garden is a much-loved feature of the church property. It is used for quiet contemplation and children’s activities, and is currently in good shape, tended by fully qualified volunteers from the church and community.
Church Hall The hall is maintained by the church for use by a playgroup and by the community. It aims to be self-funding. The hall is in good condition, apart from the toilets that now need major refurbishment. We have applied for grants from various sources.
Safeguarding
The Safeguarding and Clergy Discipline Measure 2016 (see page 3) imposes a legal duty on the clergy, readers and lay workers, churchwardens and PCCs to "have due regard to guidance issued by the House of Bishops on matters relating to the safeguarding of children and vulnerable adults”.
The legal duty to "have due regard" means that the guidance must be followed unless there are clear, logical and convincing reasons for not doing so. It will be very rare for there to be such reasons for not following House of Bishops guidance on safeguarding.
Safeguarding is discussed at all PCC meetings. We use the Parish Dashboard (https:// www.parishdashboards.org.uk) to help ensure that we are complying with statutory requirements and Church of England policies. We are currently at Level 3 (the highest level). The action plan is reviewed at all PCC meetings. All organisers of non-church activities using our premises involving children, young people or vulnerable adults are asked to sign a safeguarding agreement.
Our Parish Safeguarding Officer, Mary Southwood, is supported by Penny Smith in checking DBS information and the Safer Recruitment processes. The Diocesan Safeguarding team led by Ben Goodhind provides support, advice and training.
The Parish Safeguarding Policy is reviewed and approved annually. This was last done on 17 November 2025. We also have a policy for the recruitment of ex-offenders. This was last approved on 18 March 2024 (5 yearly review).
We have 185 current volunteers. We ask all volunteers to undertake Basic Safeguarding Training. Guidance is given about DBS checks and safeguarding training for each role. Most people do on-line training using the Church of England Portal. For those preferring an in-person approach this is available.
69 people have current DBS checks.
Within the last three years the following safeguarding training has been undertaken:
170 Basic Safeguarding training
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60 Foundation level training
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50 Awareness of Domestic Abuse
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14 Safer recruitment and People Management
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10 Leadership level
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Safer Recruitment and People Management is an integral part of keeping people safe in the Church. We have developed an approach using the Church of England guidance for recruitment, induction and review for volunteers. The main areas of focus are for volunteers working with children, young people and vulnerable adults. We are also using this approach for recruitment in the café. A proportionate approach is being developed for all volunteers.
Risk Management
The main risks and mitigations currently identified, discussed and approved by the PCC are as follows:
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Risk Harm comes to those in our care due to lack of appropriate and compliant Child and Vulnerable Adult safeguarding procedures Mitigation Safeguarding at Holy Trinity is overseen by a Church Safeguarding Officer (PCC member) whose details are prominently displayed in the church entrance and on the website. A Safeguarding Policy is in place and is regularly reviewed and updated. The church works closely with the Diocese of Bath and Wells to ensure it follows best practice. All eligible volunteers who work with children and vulnerable adults are subject to DBS checks (renewed every three years) before they are able to serve. Training of leaders and volunteers is refreshed every three years. Holy Trinity follows a Safer Recruitment policy for all staff and volunteers.
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Risk Harm comes to visitors, tenants or staff due to a lack of appropriate and compliant Health and Safety procedures Mitigation The church has robust Health and Safety procedures, training and monitoring, covering all its activities. Risk assessments are undertaken on all activities beyond the regular ones, and there are fully documented procedures and checks around food hygiene matters regulating the Trinity Café and main kitchen. Both regular and one-off bookers of the church facilities are made aware of, and required to comply with, all standards of safety. Statutory safety inspections are carried out in the two flats let to tenants including fire alarm testing and gas and electrical safety tests.
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Risk Damage to the fabric of the church buildings and/or harm to church members or members of the public resulting from hazards connected with the church building Mitigation The church is a fifteenth-century church which is maintained to a high standard and is subject to constant monitoring by experienced volunteers to identify and rectify any potential dangers to others. It is subject to a full quinquennial inspection by competent persons, and any schedule of required work arising is carried out in accordance with the degree of urgency and the agreed timetable. All buildings are fully insured with Ecclesiastical Insurance Ltd and there is a system of smoke and fire alarms throughout all buildings. A roof alarm system, monitored 24/7, provides protection against roof vandalism and lead theft. An experienced team of volunteers makes up the Fabric subcommittee whose responsibility is to monitor and maintain all premises to the required standards.
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Risk A shortfall of income and/or inadequate cashflow results in an inability to meet salary or creditor payments and to fulfil the planned mission activities of the church Mitigation The majority of giving by church members is made electronically, which gives a high level of certainty of cashflow. All Gift Aid is claimed and recovered from His Majesty’s Revenue and Customs (HMRC) each month. Working capital reserves meet the required eight weeks in hand, and this is checked and reported to the PCC each quarter. Strong budgetary and financial controls are in place; the proposed budget is shared with congregations as part of a Stewardship Programme each November and the Treasurer reports to the PCC each quarter on the state of the General Fund and other significant funds.
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Risk Information or communications technology is compromised, or critical data is lost through cyberattack or systems failure Mitigation The church employs a reputable IT company to provide support and backup for its IT systems. This includes adequate security software against cyber-attack, and all systems are backed up offsite.
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Risk Loss of confidentiality of personal data, and where data subjects might be deprived of their rights and freedoms, or prevented from exercising control over their personal data Mitigation There is a robust Data Protection Policy in place. During 2018, changes were made to ensure compliance with the General Data Protection Regulations (May 2018). This included a data audit and training for staff and volunteers. Membership Information is held on ChurchSuite, the
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database software used by Holy Trinity Church which is designed to help the church meet the GDPR requirements. Hosted in secure UK data centres, ChurchSuite is backed up daily and protected by 24/7 physical security access control, fire suppression and redundant power failure systems.
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Risk Adverse impact to church family relationships and reputational damage due to the behaviour of senior leadership, staff members or volunteers, or the improper use of social media Mitigation The biblical values relating to personal conduct are clearly understood by leaders and staff. Oversight structures are in place for staff, and regular one-to-one reviews take place. Volunteer agreements will be re-invigorated and deployed more widely across Holy Trinity’s volunteers – these will lay out clear expectations. A communications policy is in place giving guidance on the proper use of social media for appropriate staff members and volunteers.
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Risk Inability to deliver the desired mission of the church due to insufficient volunteers carrying out key leadership responsibilities, because of an increasing age profile of church members Mitigation To lower the average age of church members, the church is committed to reaching out to the local community. There is a pathway of annual events and courses to help those who are interested in engaging with the Christian faith. There is a Children and Families Worker and a Community and Youth Minister who help Holy Trinity reach out more effectively to the children, youth and families in the local community through regular outreach activities.
Financial Review
The General Fund surplus in 2025 before contributions from reserves was £15,026 (2024: £45,944 deficit). There was a further net surplus in other unrestricted funds of £13,263 (2024: £3,403), a net deficit in restricted funds of £21,925 (2024: £12,284 surplus) and a decrease in the value of the investments in the endowment funds of £11,462 (2024: £6,416 increase).
The total funds held at 31 December 2025 amounted to £2,143,756 (2024: £2,148,854), of which £1,730,464 (2024: £1,772,901) were held in restricted or endowment funds and so were not available for the general purposes of the church. The PCC has designated a further £286,685 (2024: £279,113) for specific purposes, as set out in the financial statements attached to this report. With the exception of the Church Hall fund, most of these designated funds are likely to be utilised within the next two years.
The church’s principal source of funding is donations and grants from church members and other supporters. None of Holy Trinity’s ministries would be possible without this generous financial support, which represented 81% of the church’s income in 2025 (2024: 81%).
The main reason for the £60,970 improvement in the General Fund outcome is that unrestricted giving to Holy Trinity increased by £35,547 (11%). In addition, the parish share fell by £11,560 as a result of the introduction by the Diocese of a revised funding basis and repairs and maintenance costs were £11,488 lower. Fees received by the church also increased by £8,051, largely due to the opening of a new memorial garden in the churchyard.
During 2023, the Diocese provided a grant of £30,000 to contribute to the costs of our Community and Youth Minister over the following three years. In addition to the £10,000 allocated from this grant in 2025, a further £3,250 has been transferred from the Children and Youth Fund to the General Fund in accordance with the PCC’s established policy.
Holy Trinity received a grant of £20,000 from the National Lottery for improvements to the church hall. A donation of £8,000 to fund development of the Trinity Café was also received and the Church of England Net Zero Project provided a grant of £3,000 to fund energy efficiency improvements. The energy efficiency improvements were completed during 2025, leaving £28,000 in restricted Grants and Donations Funds at the year end. A legacy of £5,000 was received during the year and has been added to the Children and Youth Fund in accordance with the donor’s wishes.
Trinity Tithe grants amounting to £25,000 were paid during the year, leaving a final grant of £10,000 to be paid in 2026. As the financing of the Trinity Project is now complete, the income received from the Trinity House flats will be added to the General Fund income with effect from January 2026.
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Reserves Policy
The PCC’s policy is to maintain a level of Free Reserves equal to approximately eight weeks spending. Free Reserves are defined as that part of the unrestricted funds that is freely available to spend. This equates to the unrestricted fund balances minus the value of fixed assets and funds designated to meet essential future spending such as the Development Fund which is designated to support the Trinity Project. The Free Reserves at 31 December 2025 amounted to £202,753 which equates to approximately 26 weeks expenditure.
Policy for making Grants or Donations
The PCC has maintained a policy over many years of allocating 10% of total General Fund income to mission and grants for short-term youth and other projects. The PCC has similarly committed to give away 10% of everything spent on the Trinity Project buildings. Details of donations made in 2025 are provided in the financial statements attached to this report.
PCC’S REPORT ON THE FINANCIAL STATEMENTS
Year ended 31 December 2025
The members of the Parochial Church Council (PCC) of the Parish of Holy Trinity Nailsea present their Report and Financial Statements for the year ended 31 December 2025.
ACTIVITIES
The principal activities continue to be those of a parish church in the Church of England.
STATEMENT OF THE PCC MEMBERS' RESPONSIBILITIES IN RESPECT OF THE FINANCIAL STATEMENTS
The PCC members are responsible for preparing the Annual Report and financial statements for each financial year in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. These financial statements must give a true and fair view of the state of affairs of the PCC and of its income and expenditure for that period. In preparing these financial statements the PCC members are required to:
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select suitable accounting policies and apply them consistently
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make judgements and estimates that are reasonable and prudent
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prepare the financial statements on a going concern basis, unless this is inappropriate
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state whether the policies adopted are in accordance with the appropriate Statement of Recommended Practice (SORP) on Accounting by Charities and the accounting regulations and with applicable accounting standards, subject to any material departures disclosed and explained in the financial statements
The PCC members confirm that they have complied with the above requirements in preparing the financial statements.
Rae Baines, PCC Secretary
Signed on behalf of the PCC 16 March 2026
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PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY. NAILSEA Independent Examiner's Reporttotho Trustees of The Parochlal Church Councll of the Ecclesiastical Parish of Holy Trinityi Nailsea For the year ended 31 December 2025 I report lo the InJsl8&s on my examination of the financial statements of The Parochi81 Church Council ofthe Ecclesi8stical P8rish of Hdy Trinity. Nailsea I'the chariWI forthe year ended 31 December 2025. Responslbllltlgs and basis of r•port As Ihe trustees of the charity you are responsible for the preparation of 1he financial stslements in acwrdance with the requirements of the Charities Act 2011 {'Ihg Acl'l. I report in resFeCt of my examination of the charills financial statements carrled oul under section 145 of the 2011 Act and in carrying out my examinatign I have folbowed all the applicable Oirections given by the Charity Commission under section 14515llbl of the Act. Indapendgnt examln•rfs stat•m•nt Sinee the charlty's gross incx)me eXded £250.000 yovrwmlner musi b8 a member of e body listefl in $tk)n 145 of th8 Act. I confim that l quèlffied to Uertake the examinats'on because l a rn¥nb¢r of the InstitLrte of Chartered Acrountsnts in Englgn4 and Wal85. lch is oftha list•d bodies. have Completed my examination. I confirm that no Materia matter5 have come to my attention in connection wtth the examinab'on giving me cause lo believe that in any material respect.. accounting records were not kept in respect of the charity as required by seGlion 130 of the I.. or the financial st8temenls do not accord wth those records" or the flnanclal slalemenls do not comply with the applicable requirements conceming the fomi and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'lrue and fairf viow which is not a mattgr nsidered as part of an independent examination. I have no concerns end have come across Oth matters in nnectIOn wth the examlnallon to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Nick Michael Independent Examiner CHARLTON BAKER IBRISTOLI LTD 61 Macrae Road Ham Green Bristol BS20 ODD Dale 16 March 2026 li
PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY, NAILSEA
STATEMENT OF FINANCIAL ACTIVITIES For the year ended 31 December 2025
| Note INCOMING RESOURCES Donations and legacies 2a Income from charitable activities 2b Other trading activities 2c Income from investments 2d Other income 2e TOTAL INCOME AND ENDOWMENTS EXPENDITURE Expenditure on raising funds 3a Expenditure on charitable activities 3b Other expenditure 3c TOTAL EXPENDITURE Gains / (losses) on investments 6b NET INCOME / (EXPENDITURE) 9 Transfers between funds 9 NET MOVEMENT IN FUNDS BALANCES BROUGHT FORWARD 1 JANUARY BALANCES CARRIED FORWARD 31 DECEMBER |
Unrestricted Funds £ 373,563 20,285 40,022 8,279 324 442,473 - 399,814 14,370 414,184 - 28,289 9,050 37,339 375,953 413,292 |
Restricted Funds £ 57,268 4,829 19,940 9,617 - 91,654 - 113,579 - 113,579 - (21,925) (9,050) (30,975) 1,486,203 1,455,228 |
Endowment Funds £ - - - - - - - - - - (11,462) (11,462) - (11,462) 286,698 275,236 |
2025 £ 430,831 25,114 59,962 17,896 324 534,127 - 513,393 14,370 527,763 (11,462) (5,098) - (5,098) 2,148,854 2,143,756 T O T A L |
2024 £ 384,785 12,232 55,011 20,357 997 F U N D S |
|---|---|---|---|---|---|
| 473,382 | |||||
| 2,306 485,537 15,796 |
|||||
| 503,639 | |||||
| 6,416 | |||||
| (23,841) - |
|||||
| (23,841) 2,172,695 |
|||||
| 2,148,854 |
The notes on pages 15 to 23 form part of these accounts
12
PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY, NAILSEA
BALANCE SHEET AT 31 DECEMBER 2025
| Note FIXED ASSETS Tangible assets 6a Investments 6b CURRENT ASSETS Debtors 7 Cash at bank and in hand LIABILITIES Creditors - amounts falling due within one year 8 NET CURRENT ASSETS TOTAL NET ASSETS PARISH FUNDS: Unrestricted 9 Restricted 9 Endowment 9 |
Unrestricted Funds £ 116,700 - 116,700 16,214 297,118 313,332 (16,740) 296,592 413,292 413,292 - - 413,292 |
Restricted Funds £ 1,400,956 - 1,400,956 1,195 55,593 56,788 (2,516) 54,272 1,455,228 - 1,455,228 - 1,455,228 |
Endowment Funds £ - 275,236 275,236 - - - - - 275,236 - - 275,236 275,236 |
2025 2024 £ £ 1,517,656 1,544,790 275,236 286,698 1,792,892 1,831,488 17,409 15,451 352,711 320,470 370,120 335,921 (19,256) (18,555) 350,864 317,366 2,143,756 2,148,854 413,292 375,953 1,455,228 1,486,203 275,236 286,698 2,143,756 2,148,854 TOTAL FUNDS |
2025 2024 £ £ 1,517,656 1,544,790 275,236 286,698 1,792,892 1,831,488 17,409 15,451 352,711 320,470 370,120 335,921 (19,256) (18,555) 350,864 317,366 2,143,756 2,148,854 413,292 375,953 1,455,228 1,486,203 275,236 286,698 2,143,756 2,148,854 TOTAL FUNDS |
|---|---|---|---|---|---|
| 1,831,488 | |||||
| 15,451 320,470 |
|||||
| 335,921 (18,555) |
|||||
| 317,366 | |||||
| 2,148,854 | |||||
| 375,953 1,486,203 286,698 |
|||||
| 2,148,854 |
Approved by the Parochial Church Council on 16 March 2026 and signed on its behalf by:
Rev James Packman Chair Paul Gibson Treasurer
The notes on pages 15 to 23 form part of these accounts
13
PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY, NAILSEA
STATEMENT OF CASH FLOWS For the year ended 31 December 2025
| Cash flows from operating activities: Net movement in funds Adjustments for: Depreciation charges Losses / (gains) on investments Increase in debtors Increase / (decrease) in creditors Income from investments Cash generated by / (used in) operating activities Cash flows from investing activities: Income from investments Purchase of tangible fixed assets Cash raised in investing activities Cash flows from financing activities: Repayments of borrowings Cash used in financing activities Change in cash and cash equivalents in the year Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year |
2025 £ (5,098) 40,893 11,462 (1,958) 701 (17,896) 28,104 17,896 (13,759) 4,137 - - 32,241 320,470 352,711 T O T A L |
2024 £ (23,841) 42,817 (6,416) (1,082) (4,454) (20,357) F U N D S |
|---|---|---|
| (13,333) | ||
| 20,357 (12,176) |
||
| 8,181 | ||
| (62,778) | ||
| (62,778) | ||
| (67,930) | ||
| 388,400 | ||
| 320,470 |
14
PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY, NAILSEA
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2025
1 ACCOUNTING POLICIES
These financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant accounting policy.
The financial statements have been prepared in accordance with the Church Accounting Regulations 2006, the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and with the Charities Act 2011.
The financial statements have been prepared on the going concern basis as the PCC has concluded that there are no material uncertainties regarding the charity's ability to continue as a going concern for the foreseeable future.
The accounts include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body, nor those that are informal gatherings of members. The charity meets the definition of a public benefit entity under FRS 102.
Funds
Endowment funds are funds, the capital of which must be maintained; only income arising from investment of the endowment may be used either as restricted or unrestricted funds depending upon the purpose for which the endowment was established.
Restricted funds represent (a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest, and (b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis.
Unrestricted funds are general funds which can be used for PCC ordinary purposes. Funds designated for a particular purpose by the PCC are also unrestricted.
Incoming resources
Collections, planned giving and donations are generally recognised when received, unless specified otherwise by the donor. Receipts from a Gift Day at the end of one year, in anticipation of the following year's budget, are deferred until the following year. Tax refunds are recognised when the income to which they relate is recognised. Grants and legacies are accounted for when the PCC is legally entitled to the amounts due. Dividend and interest income is recognised when it is due. Rental income from the letting of church premises and all other income is recognised when it is receivable. All incoming resources are accounted for gross.
Resources expended
Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. The Diocesan parish share is accounted for when due. Amounts received specifically for mission are dealt with as restricted funds. All other expenditure is generally recognised when it is incurred and is accounted for gross.
Fixed assets
Consecrated and beneficed property is not included in the accounts in accordance with s.10(2)(a) of the Charities Act 2011.
Expenditure in respect of the redevelopment of the Trinity Centre has been capitalised and the building is being depreciated to spread the cost over its estimated useful life. Whilst this is not strictly in accordance with the provisions of the Charities Act 2011 relating to consecrated buildings, which require that the expenditure is written off immediately, the PCC believes that this treatment more fairly reflects the ongoing value of the building to the PCC. Similarly, as the buildings are conjoined, the same policy is applied to Trinity House, which is being depreciated over its estimated useful life from 2015, the effective date when the buildings came into full use; similarly the cost of hard landscaping in the Trinity Garden which was completed in 2017.
Moveable church furnishings held by the Rector and Church Wardens on special trust for the PCC and which require a faculty for disposal are accounted as inalienable property and listed in the church's inventory, which can be inspected (at any reasonable time). For anything acquired prior to 2000, there is insufficient cost information available and therefore such assets are not valued in the financial statements.
All expenditure incurred in the year on consecrated or beneficed buildings, individual items under £1,000 or on the repair of movable church furnishings acquired before 1 January 2000 is written off as expenditure in the Statement of Financial Activities.
Depreciation
The Church Hall is not depreciated as it is considered that the majority of the value relates to the land on which it is situated. Depreciation is provided on all moveable church furnishings and equipment used within the church premises at rates calculated to write off the costs, less estimated residual value, of each asset over its estimated useful life as follows:
| Moveable church furniture | 5 years |
|---|---|
| Computer equipment | 3 years |
| AV Equipment | 4 / 5 / 10 years |
| Kitchen Equipment | 3 / 10 years |
| Trinity Centre, House and Garden | 50 years |
Investments
Investments are valued at market value.
15
PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY, NAILSEA
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2025
| 2 INCOMING RESOURCES 2a Donations and legacies Planned giving: Gift Aided donations Income tax recoverable Other planned giving Collections (open plate) at services Other donations and appeals Legacies Grants 2b Income from charitable activities Fees Bookstall incl Bible reading notes Pop In Ladies ministry Church social events Morning Break Trinity Festival Community events 2c Other trading activities Rent from buildings Trinity Café 2d Income from investments Dividends and interest 2e Other income TOTAL INCOMING RESOURCES |
2025 Unrestricted Funds £ 261,673 66,060 31,424 7,457 1,844 5,000 105 373,563 12,866 721 680 1,020 3,018 - 186 1,794 20,285 24,132 15,890 40,022 8,279 8,279 324 442,473 |
2024 Unrestricted Funds £ 234,615 57,871 35,839 4,191 - - 500 333,016 4,815 756 1,290 752 - 100 148 1,276 9,137 24,293 12,976 37,269 9,698 9,698 997 390,117 |
2025 Restricted Funds £ 8,795 2,184 1,200 - 22,076 13 23,000 57,268 - - - - - - - 4,829 4,829 19,940 - 19,940 9,617 9,617 - 91,654 |
2024 Restricted Funds £ 28,405 6,803 9,054 - 7,507 - - |
|---|---|---|---|---|
| 51,769 | ||||
| - - - - 1,828 - - 1,267 |
||||
| 3,095 | ||||
| 17,742 - |
||||
| 17,742 | ||||
| 10,659 | ||||
| 10,659 | ||||
| - | ||||
| 442,473 | 390,117 | 91,654 | 83,265 |
16
PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY, NAILSEA
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2025
| 3 3a **3b ** |
RESOURCES EXPENDED RAISING FUNDS Mortgage interest on Trinity House Loan interest for Trinity Project CHARITABLE ACTIVITIES Mission and charitable giving Anglican Missions Mothers' Union Worldwide Children's Society Church Pastoral Aid Society Christian Aid Other Phil Williams (Christian Surfers) Open Doors Wellspring Counselling Crosswinds Word for Life Trust Stand by Me CAP Gordano Debt Centre Transform Europe Now Short term mission & other projects Eli and Jenny Ayo (ZUIA Trafficking) St Barnabus Knowle West Connect Schoolswork Project Kabarole Hospital Church of Uganda - Girls Hostel Hope for Life Katanga Clevedon Foodbank Tearfund Next Link Kinsugi Hope |
2025 Unrestricted Funds £ - - - 1,050 1,050 1,890 1,890 4,725 1,890 2,050 840 4,725 2,050 2,756 2,050 3,800 1,050 2,808 - - - 567 393 - - 35,584 |
2024 Unrestricted Funds £ - - - 2,100 1,050 1,890 2,390 4,382 2,390 1,890 840 4,382 1,890 2,663 1,890 2,474 886 2,565 - - - 300 - 298 210 34,490 |
2025 Restricted Funds £ - - - - - - - - - - - 10,000 - 486 - 16,070 - - 28,000 - - 1,138 - - - 55,694 |
2024 Restricted Funds £ 2,005 301 |
|---|---|---|---|---|---|
| 2,306 | |||||
| - - - - - - 6,781 - - 125 375 125 - - - - 1,079 200 - - - - |
|||||
| 35,584 | 34,490 | 55,694 | 8,685 |
17
PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY, NAILSEA
| NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2025 3b CHARITABLE ACTIVITIES - continued Parish activities Ministry Common Fund Rector's expenses Outreach Training Trinity Festival costs Other ministry costs Community, Youth and Children's Work Ministry staff salaries (incl NI) Ministry staff pension contributions Ministry staff expenses Community events costs Training materials and other costs Buildings and Services Heat, light and water Insurance Cleaning Repairs and maintenance Burial of ashes facilities Upkeep of graveyard Depreciation Upkeep of services Other buildings and services costs Other Expenditure Pastoral: Hardship grants & gifts Pop In Ladies ministry Church social events Bookstall incl Bible reading notes Publicity Bank interest and charges Governance, audit and independent examination Sundries Parish Office Office staff salaries (incl NI) Office staff expenses Telephone and postage Printing and stationery Office equipment Computer support Other office costs TOTAL CHARITABLE ACTIVITIES 3c OTHER EXPENDITURE Church Hall expenditure Trinity Café Total Other Expenditure TOTAL RESOURCES EXPENDED |
2025 Unrestricted Funds £ 148,800 811 637 617 1,889 630 153,384 73,791 3,410 381 400 3,194 81,176 15,250 2,504 13,089 15,777 1,145 3,719 4,950 2,693 329 59,456 5 1,290 1,118 3,929 448 728 426 2,142 1,439 11,525 45,420 8 1,213 2,807 1,223 7,543 475 58,689 399,814 10,007 4,363 14,370 414,184 |
2024 Unrestricted Funds £ 160,360 1,353 1,239 44 1,722 319 165,037 66,946 3,247 329 3,892 3,746 78,160 15,455 2,335 13,318 27,265 - 3,277 3,509 3,205 329 68,693 63 1,285 664 - 567 232 369 2,040 786 6,006 46,432 76 2,156 2,944 3,197 9,306 365 64,476 416,862 12,460 3,336 15,796 432,658 |
2025 Restricted Funds £ - - - - - - - - - - 5,804 540 6,344 - - - 4,185 8,832 - 35,943 - - 48,960 - - - - - - 98 - 2,483 2,581 - - - - - - - - 113,579 - - - 113,579 |
2024 Restricted Funds £ - - - - - - |
|---|---|---|---|---|
| - | ||||
| - - - 2,006 - |
||||
| 2,006 | ||||
| - - - 1,037 14,989 - 39,308 - - |
||||
| 55,334 | ||||
| - - - 321 - - 30 - 2,299 |
||||
| 2,650 | ||||
| - - - - - - - |
||||
| - | ||||
| 68,675 | ||||
| - - |
||||
| - | ||||
| 414,184 | 432,658 | 113,579 | 70,981 |
18
PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY, NAILSEA
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2025
| 4 STAFF COSTS Wages and salaries Social security costs Employer's pension contribution (3 persons) |
2025 £ 124,279 8,265 3,653 136,197 |
2024 £ 123,568 3,074 3,515 |
|---|---|---|
| 136,197 | 130,157 |
The PCC had, in post for the full year, a Community and Youth Minister, Children and Families Worker, Head of Administration, Front Desk Administrator, Finance Assistant and two Cleaners. No employee earned £60,000 or more.
The average headcount of employed staff was 7 (2024:7)
5 INDEPENDENT EXAMINER'S REMUNERATION
The Independent Examination of the Annual Report and Financial Statements has been undertaken by Charlton Baker. Their remuneration was £2,142, including VAT (2024: £2,040)
6 FIXED ASSETS FOR USE BY THE PCC
| 6a Tangible Fixed Assets: Freehold land & buildings £ Actual / deemed cost At 1 January 2025 1,881,943 Additions - Disposals - At 31 December 2025 1,881,943 Depreciation At 1 January 2025 355,563 Charge for the year 35,839 Eliminated on disposal - At 31 December 2025 391,402 Net book value At 31 December 2025 1,490,541 At 31 December 2024 1,526,380 |
Furniture & equipment £ 177,693 13,759 (37,204) 154,248 159,283 5,054 (37,204) 127,133 27,115 18,410 |
Total £ 2,059,636 13,759 (37,204) |
|---|---|---|
| 2,036,191 | ||
| 514,846 40,893 (37,204) |
||
| 518,535 | ||
| 1,517,656 | ||
| 1,544,790 |
The freehold land and buildings comprise:
(i) The church hall, which was valued at £90,000 in 1997.
(ii) Trinity House, which was purchased for £500,000 in 2010, and refurbishment costs, fees, etc. (£353,568).
(iii) Trinity Centre, which was constructed in the 1980s and has been reconstructed
(reconstruction cost £875,542). Trinity House and the Trinity Centre are now linked.
(iv) The hard landscaping of the Trinity Garden, which was constructed in 2017.
6b Investments:
The investments consist of the assets of the Court Shrine Trust and three Graveyard Trusts, which together comprise the Endowment Funds and which are invested in the Central Board of Finance Investment Fund. At the end of 2025, these funds were valued at £275,236 (£286,698 at the end of 2024). The original cost of these investments was £21,215.
7 DEBTORS
| The following amounts were owed to the PCC at the end of December: Income tax recoverable Prepayments and accrued income Other debtors LIABILITIES : AMOUNTS FALLING DUE WITHIN ONE YEAR Income received in advance, including Gift Aid Accruals Other creditors |
2025 £ 5,364 5,676 6,369 17,409 3,580 11,157 4,519 19,256 |
2024 £ 5,665 5,096 4,690 |
|---|---|---|
| 15,451 | ||
| 8,118 3,677 6,760 |
||
| 19,256 | 18,555 |
- 8 LIABILITIES : AMOUNTS FALLING DUE WITHIN ONE YEAR
19
PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY, NAILSEA
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2025
| 9 NET MOVEMENT IN FUNDS Net Movements 2025 Income Donations and legacies From charitable activities Other trading activities Income from investments Other income Expenditure On charitable activities Other expenditure Surplus/(deficit) for year Deficit on investment revaluation Transfers between funds Balance at 1 January 2025 Balance at 31 Dececember 2025 Represented by: Fixed assets Investment assets Debtors and prepayments Cash equivalents Creditors and accruals |
UNR | ESTRICTE | D FUNDS | REST | RICTED FUNDS | RICTED FUNDS | EN | DOWMENT F | UNDS | TOTAL FUNDS |
|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| General Fund £ 368,563 19,331 26,179 4,950 180 |
Worship & Mission £ - - - - - |
Church Hall £ - - 13,843 - 144 |
Develop- ment £ - - - 3,329 - |
Children & Youth £ 5,000 - - - - |
Skate Festival U £ - 954 - - - 954 - - - 954 - (2,441) 1,487 - |
Total nrestricted Funds £ 373,563 20,285 40,022 8,279 324 442,473 399,814 14,370 414,184 28,289 - 9,050 375,953 413,292 |
Court Special Shrine Collections & Other Special Fund £ £ 1,000 3,010 - 1,988 - - 9,612 - - - |
Trinity Project s £ 2,253 - 19,940 5 - |
Uganda £ 15,403 250 - - - |
Community Music & Youth Equipment Ministry £ £ 4,602 - 2,591 - - - - - - - |
Grants & Donations £ 31,000 - - - - 31,000 3,000 - 3,000 28,000 - - - 28,000 |
Total Restricted Funds £ 57,268 4,829 19,940 9,617 - 91,654 113,579 - 113,579 (21,925) - (9,050) 1,486,203 1,455,228 |
Court Shrine £ - - - - - |
Graves £ - - - - - - - - - - (2,711) - 67,818 65,107 |
Total Endowment Funds £ - - - - - - - - - - (11,462) - 286,698 275,236 |
£ 430,831 25,114 59,962 17,896 324 |
|||
| 419,203 | - | 13,987 | 3,329 | 5,000 | 954 | 10,612 | 4,998 | 22,198 | 15,653 | 7,193 | - | 31,000 | - | - | 534,127 | ||||
| 399,814 4,363 |
- - |
- 10,007 |
- - |
- - |
8,862 - |
4,971 - |
64,641 - |
23,038 - |
9,067 - |
- - |
- - |
513,393 14,370 |
|||||||
| 404,177 | - | 10,007 | - | - | - | 8,862 | 4,971 | 64,641 | 23,038 | 9,067 | - | 3,000 | - | - | 527,763 | ||||
| 15,026 - 14,741 96,840 |
- - - 97,846 |
3,980 - - 100,819 |
3,329 - - 75,711 |
5,000 - (3,250) 3,250 |
1,750 - - 67,282 |
27 - (1,138) 3,824 |
(42,443) - - 1,381,619 |
(7,385) - 3,188 11,729 |
(1,874) - (10,000) 20,286 |
- - (1,100) 1,463 |
- (8,751) - 218,880 |
6,364 (11,462) - 2,148,854 |
|||||||
| 126,607 | 97,846 | 104,799 | 79,040 | 5,000 | - | 69,032 | 2,713 | 1,339,176 | 7,532 | 8,412 | 363 | 28,000 | 210,129 | 65,107 | 2,143,756 | ||||
| 26,700 - 11,171 105,249 (16,513) |
- - - 97,846 - |
90,000 - 5,043 9,983 (227) |
- - - 79,040 - |
- - - 5,000 - |
- - - - - - |
116,700 - 16,214 297,118 (16,740) 413,292 |
- - 874 68,158 - |
- - 29 4,220 (1,536) |
1,400,956 - - (60,800) (980) |
- - 45 7,487 - |
- - 247 8,165 - |
- - - 363 - |
- - - 28,000 - 28,000 |
1,400,956 - 1,195 55,593 (2,516) 1,455,228 |
- 210,129 - - - |
- 65,107 - - - 65,107 |
- 275,236 - - - 275,236 |
1,517,656 275,236 17,409 352,711 (19,256) |
|
| 126,607 | 97,846 | 104,799 | 79,040 | 5,000 | - | 413,292 | 69,032 | 2,713 | 1,339,176 | 7,532 | 8,412 | 363 | 28,000 | 1,455,228 | 210,129 | 65,107 | 275,236 | 2,143,756 |
Endowment Funds
The income received from the Court Shrine endowment fund can be used on all property related matters across all the church buildings and grounds, including the Trinity Centre, House and Garden. Accumulated income from the Court Shrine endowment is held in the Court Shrine restricted fund until it is used.
The income received from the Graveyard endowment fund can only be used for the upkeep of the graveyard.
Restricted Funds
The Special Collection & Other Special funds consist of money raised and gifts received which are to be used to support specified charitable beneficiaries.
The Trinity Project fund includes all aspects of the Trinity Project: the Trinity Centre development, the purchase and refurbishment of Trinity House, the development of the Trinity Garden and tithe payments. The Uganda fund consists of money raised and gifts received which are to be used to support development and other charitable projects in Uganda.
The Community & Youth Ministry fund was established with a £30,000 grant from the Diocese to help fund the Community & Youth Minister over three years.
Additional money has been added to the fund which is to be used to support the church's community outreach.
The Music Equipment fund was established with gifts amounting to £2,500. This money is to be used to provide audio and music equipment.
The Grants & Donations funds consist of grants and gifts received which are to be used to support specified church ministries and projects.
Unrestricted Designated Funds
The Worship & Mission fund (previously the Jubilee fund) originally consisted of money received from the Diocese as part of their Jubilee initiative. It has been bolstered by part of a legacy received in 2017 and a further legacy received in 2021. The fund is to be used to support projects to enhance worship and support mission outreach.
The Church Hall fund records the hall's income and expenditure.
The Development fund was set up in 2006 from legacies received, which were held to finance building and other larger projects.
During 2007 the proceeds from the sale of the Grove land were added to this fund. The PCC has decided to use this fund to support the Trinity Project.
The Children & Youth fund (previously the Sue Jutsum fund) results from a legacy left by the late Sue Jutsum in 2012. It has been enhanced by part of a legacy received in 2017. The PCC has decided to utilise this fund towards the costs of specific activities within the church's youth and children's work.
The Skate Festival fund provides ongoing resources for the annual Skate Festival that has been held each year in Nailsea.
20
PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY, NAILSEA
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2025
| 9 NET MOVEMENT IN FUNDS - continued Net Movements 2024 Income Donations and legacies From charitable activities Other trading activities Income from investments Other income Expenditure On raising funds On charitable activities Other expenditure Surplus/(deficit) for year Surplus on investment revaluation Transfers between funds Balance at 1 January 2024 Balance at 31 Dececember 2024 Represented by: Fixed assets Investment assets Debtors and prepayments Cash equivalents Creditors and accruals |
UNR | ESTRICTE | D FUNDS | REST | RICTED FUNDS | RICTED FUNDS | EN | DOWMENT F | UNDS | TOTAL FUNDS |
|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| General Fund £ 333,016 8,702 23,776 5,991 555 |
Worship & Mission £ - - - - - |
Church Hall £ - - 13,493 - 442 |
Develop- ment £ - - - 3,707 - |
Children & Youth £ - - - - - |
Skate Festival U £ - 435 - - - 435 - 2,214 - 2,214 (1,779) - - 3,266 1,487 |
Total nrestricted Funds £ 333,016 9,137 37,269 9,698 997 390,117 - 416,862 15,796 432,658 (42,541) - 8,110 410,384 375,953 |
Court Special Shrine Collections & Other Special Fund £ £ 1,000 4,078 - 2,790 - - 10,525 - - - |
Trinity Project s £ 26,603 - 17,742 28 - |
Uganda £ 5,918 - - - - |
Community Music & Youth Equipment Ministry £ £ 11,670 2,500 305 - - - - - - - |
Cultural Recovery Fund £ - - - 106 - 106 - 250 - 250 (144) - - 144 - |
Total Restricted Funds £ 51,769 3,095 17,742 10,659 - 83,265 2,306 68,675 - 70,981 12,284 - (8,110) 1,482,029 1,486,203 |
Court Shrine £ - - - - - |
Graves £ - - - - - - - - - - - 1,517 - 66,301 67,818 |
Total Endowment Funds £ - - - - - - - - - - - 6,416 - 280,282 286,698 |
£ 384,785 12,232 55,011 20,357 997 |
|||
| 372,040 | - | 13,935 | 3,707 | - | 435 | 11,525 | 6,868 | 44,373 | 5,918 | 11,975 | 2,500 | 106 | - | - | 473,382 | ||||
| - 414,648 3,336 |
- - - |
- - 12,460 |
- - - |
- - - |
- 15,019 - |
- 3,044 - |
2,306 41,357 - |
- 1,279 - |
- 6,689 - |
- 1,037 - |
- - - |
2,306 485,537 15,796 |
|||||||
| 417,984 | - | 12,460 | - | - | 2,214 | 15,019 | 3,044 | 43,663 | 1,279 | 6,689 | 1,037 | 250 | - | - | 503,639 | ||||
| (45,944) - 17,610 125,174 |
- - - 97,846 |
1,475 - - 99,344 |
3,707 - - 72,004 |
- - (9,500) 12,750 |
(3,494) - - 70,776 |
3,824 - - - |
710 - - 1,380,909 |
4,639 - 1,890 5,200 |
5,286 - (10,000) 25,000 |
1,463 - - - |
- 4,899 - 213,981 |
(30,257) 6,416 - 2,172,695 |
|||||||
| 96,840 | 97,846 | 100,819 | 75,711 | 3,250 | 1,487 | 67,282 | 3,824 | 1,381,619 | 11,729 | 20,286 | 1,463 | - | 218,880 | 67,818 | 2,148,854 | ||||
| 17,891 - 10,980 83,395 (15,426) |
- - - 97,846 - |
90,000 - 3,141 8,789 (1,111) |
- - - 75,711 - |
- - - 3,250 - |
- - - 1,487 - 1,487 |
107,891 - 14,121 270,478 (16,537) 375,953 |
- - 910 67,410 (1,038) |
- - 43 4,573 (792) |
1,436,899 - 360 (55,452) (188) |
- - 17 11,712 - |
- - - 20,286 - |
- - - 1,463 - |
- - - - - - |
1,436,899 - 1,330 49,992 (2,018) 1,486,203 |
- 218,880 - - - |
- 67,818 - - - 67,818 |
- 286,698 - - - 286,698 |
1,544,790 286,698 15,451 320,470 (18,555) |
|
| 96,840 | 97,846 | 100,819 | 75,711 | 3,250 | 1,487 | 375,953 | 67,282 | 3,824 | 1,381,619 | 11,729 | 20,286 | 1,463 | - | 1,486,203 | 218,880 | 67,818 | 286,698 | 2,148,854 |
Endowment Funds
The income received from the Court Shrine endowment fund can be used on all property related matters across all the church buildings and grounds, including the Trinity Centre, House and Garden. Accumulated income from the Court Shrine endowment is held in the Court Shrine restricted fund until it is used.
The income received from the Graveyard endowment fund can only be used for the upkeep of the graveyard.
Restricted Funds
The Special Collection & Other Special funds consist of money raised and gifts received which are to be used to support specified charitable beneficiaries.
The Trinity Project fund includes all aspects of the Trinity Project: the Trinity Centre development, the purchase and refurbishment of Trinity House, the development of the Trinity Garden and tithe payments. The Uganda fund consists of money raised and gifts received which are to be used to support development and other charitable projects in Uganda.
The Community & Youth Ministry fund was established with a £30,000 grant from the Diocese to help fund the Community & Youth Minister over three years.
Additional money has been added to the fund which is to be used to support the church's community outreach.
The Music Equipment fund was established with gifts amounting to £2,500. This money is to be used to provide audio and music equipment.
Unrestricted Designated Funds
The Worship & Mission fund (previously the Jubilee fund) originally consisted of money received from the Diocese as part of their Jubilee initiative. It has been bolstered by part of a legacy received in 2017 and a further legacy received in 2021. The fund is to be used to support projects to enhance worship and support mission outreach.
The Church Hall fund records the hall's income and expenditure.
The Development fund was set up in 2006 from legacies received, which were held to finance building and other larger projects.
During 2007 the proceeds from the sale of the Grove land were added to this fund. The PCC has decided to use this fund to support the Trinity Project.
The Children & Youth fund (previously the Sue Jutsum fund) results from a legacy left by the late Sue Jutsum in 2012. It has been enhanced by part of a legacy received in 2017. The PCC has decided to utilise this fund towards the costs of specific activities within the church's youth and children's work.
The Skate Festival fund provides ongoing resources for the annual Skate Festival that has been held each year in Nailsea.
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PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY, NAILSEA
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2025
10 PCC MEMBERS' REMUNERATION
None of the members of the PCC received remuneration for services as employees or consultants during the year or expenses for services as members of the PCC (2024: none)
11 DONATIONS BY PCC MEMBERS
The aggregate value of donations to the various funds of the church made by members of the PCC without conditions was £72,866 (2024: £56,621).
12 RELATED PARTY TRANSACTIONS
PCC members and their family members were reimbursed for expenses and expenditure made on behalf of the PCC during the year:
| during the year: | ||
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| James Packman - Rector's expenses | 1,586 | 1,174 |
| Paul Mason (husband of PCC member Caroline) - reimbursement for audio visual | ||
| equipment purchased | 600 | 1,302 |
| Chris Hughes - reimbursement for Skate Festival costs | - | 513 |
| Tim Jolly - reimbursement for repair and maintenance materials purchased | 1,610 | - |
| Other PCC and family members reimbursed less than £500 each: | ||
| Total Amount Reimbursed | 568 | 802 |
| Number of PCC and family members | 6 | 5 |
| The following members of the PCC were related to an individual or connected with a charitable | organisation | |
| to which the PCC allocated Mission Support funds during the year: | ||
| 2025 | 2024 | |
| PCC member Connection to Mission Support Recipient |
£ | £ |
| Mary Southwood Chair of the Trustees of Wellspring Counselling |
2,050 | 8,671 |
| Chris Barnes Member of Steering Group, |
3,242 | 3,038 |
| Gordano Christians Against Poverty Debt Centre | ||
| Sally Winsor Trustee of Word for Life Trust |
14,725 | 4,382 |
There were no other disclosable transactions in respect of PCC members, persons connected with them or other related parties.
13 CHURCH WORKERS PENSION FUND
Holy Trinity Nailsea PCC participates in the Pension Builder Scheme section of the Church Workers Pension Fund ("CWPF") for lay staff. CWPF is administered by the Church of England Pensions Board, which holds the CWPF assets separately from those of Holy Trinity Nailsea PCC and other participating employers.
CWPF has two sections:
-
the Defined Benefits Scheme
-
the Pension Builder Scheme, which has two subsections; a) a deferred annuity section known as Pension Builder Classic, and, b) a cash balance section known as Pension Builder 2014.
Pension Builder Scheme
Both sections of the Pension Builder Scheme are classed as defined benefit schemes.
Pension Builder Classic provides a pension, accumulated from contributions paid and converted into a deferred annuity during employment based on terms set and reviewed by the Church of England Pensions Board from time to time. Discretionary increases may also be added, depending on investment returns and other factors.
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PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY, NAILSEA
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2025
13 CHURCH WORKERS PENSION FUND - continued
Pension Builder 2014 is a cash balance scheme that provides a lump sum which members use to provide benefits at retirement. Pension contributions are recorded in an account for each member. Discretionary bonuses may be added before retirement, depending on investment returns and other factors. The account, plus any bonuses declared is payable, unreduced, from age 65.
There is no sub-division of assets between employers in each section of the Pension Builder Scheme.
The scheme is considered to be a multi-employer scheme as described in Section 28 of FRS 102. This is because it is not possible to attribute the Pension Builder Scheme’s assets and liabilities to specific employers and means that contributions are accounted for as if the Scheme were a defined contribution scheme. The pensions costs charged to the Statement of Financial Activities in the year are the contributions payable (2025: £3,653, 2024: £3,515).
A valuation of the Pension Builder Scheme is carried out once every three years. The most recent valuation was carried out as at 31 December 2022.
For the Pension Builder Classic section, the valuation revealed a surplus of £34.8m on the ongoing assumptions used. At the most recent annual review effective 1 January 2026, the Board chose to grant a discretionary bonus of 10% to both pensions not yet in payment and pensions in payment in respect of service prior to April 1997; and a bonus on pensions in payment in respect of post April 1997 service so that the pension increase was also 10% (where usually it would be calculated based on inflation up to an annual cap of 5% for pensions in payment in respect of service prior to April 2006 and 2.5% for pensions in payment in respect of service post April 2006). This followed improvements in the funding position over 2025. There is no requirement for deficit payments at the current time.
For the Pension Builder 2014 section, the valuation revealed a surplus of £8.5m on the ongoing assumptions used. There is no requirement for deficit payments at the current time.
The next valuation is due as at 31 December 2025.
The legal structure of the scheme is such that if another employer fails, Holy Trinity Nailsea PCC could become responsible for paying a share of the failed employer’s pension liabilities.
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