PAROCHIAL CHURCH COUNCIL OF ST. GEORGE'S. STAMFORD REGISTERED CHARITY No 1135616 FINANCIAL STATEMEiYrs FOR THE YEAR ENDED 31 DECEMBER 2025 PAROCHIAL CHURCH COUNCIL OF ST. GEORGETrS, STAMFORD CONTENTS Page General infonnation Annual rqx)rt 4-10 Statement of the responsibililies of the members of the Par()chial Church Council (PCC) Independent examiner's report 12 Statement of financial activilics 13 Balance sheet 14 Notes to the financial statem¢nts 15-23 PAROCHIAL CHURCH COUNCIL OF ST. GEORGE>S. STAMFORD GENERAL INFORMATION Charity name: The Parochial Church Council of the Ecclesiastical Parish of St George and St Paul, Stamfotd Charitable status: The Parochial Church Council is a charity registered with the Charity Commission, registration number 1135616. The Parochial Church Council is a body corporate for th¢ advanc¢m¢nt of religion created by statute (namely the PCC (Powers) Measure 1956). The measure provides for land and personal property held on pernianent trusts to be vested in th¢ dioc&san authority and th¢ a￿untS of all In￿ts administ¢r¢d by the Parochial Church Council to be laid before the diocesan authority annually. Principal address.. St. George's Square, Stamford, Lincolnshire. Principal contact: Mrs Reb¢¢￿ Goff St. George's Church Hub 27-29 St George's Street, Stamford, Linas. PE9 2BJ Telephone number: 017804818 E-mail: offic￿st8eors￿church.ne¢ Wcbsit¢-. www.Stg￿rgCs¢hu[Ch.n¢t Bank¢rs'. CAF Bank Ltd. 25 Kin&s Hill Avenue, West Malling, Kent ME19 4JQ Independent examiner. Graeme Mitchell ACMA PAROCHIAL CHURCH COUNCIL OF ST. GEORGE'S, STAMFORD ANNUAL REPORT OF THE PCC YEAR ENDED 31 DECEMBER 2025 Admfinlstratlve inforniation St. George's Church. Stamford is situatuj in St G￿rg¢'S Squar¢, Stamford. It is part of The Diocese of Lincoln within The Churth of England. Membership Members of the PCC are either ex officio or eleci¢d by the Annual Parochial Church Meeting (APCM) in accordanc¢ with the Church Representation Rules. PCC members who have served from l January 2025 until the dale this rqxjrt was approved are". Incumbent- The Reverend Canon Dr Martyn Taylor (Chaimian) Associate Rector: The Reverend Ben Topham Curate: The Reverend Anna Mayo Wardens: Mr Gordon McKechnie Mrs Koleh Rees Representatives: Mr Carl Fender- Galeral Synod Mr Stefan Rakowski - Dioc4wi Synod Mrs Caroline Avnil- Deanery Synod Mr Philip Dale .. Deanery Synod Mrs Rebecca Goff - Dcanery Synod Mr Gordon McKechnie- Deanery Synod Dr Dan Petrie- Deanery Synod El¢ctcd Members: Mr Tom Blenkin Mrs Heath¢r Craig - PCC Sec¥etary (from June 2025) Mrs Julia Fox (until April 2025) Mr Victor Goh Mr Simon M Johnson- Treasurer Mrs Joy Harvey Mrs Pamela Lee- PCC Sectetary (until June 2025) Mr Rick Lee Mrs Helen Leech (until September 2025) Mrs Jocclym Rose Miss Sarah Robinson Mrs Joanna Turnham Mrs Carole Woodcock PAROCHIAL CHURCH COUNCIL OF ST. GEORGE'S, STAMFORD ANNUAL REPORT OF THE PCC (CONTINUED) YEAR ENDED 31 DECEMBER 2025 Committees The PCC operates through a number of committee% which meet between full meetings of the PCC: Standing Committee This is the only committee required by law. It has ￿Wert0 transact the business of the PCC between its m¢¢tings. subject to any directions given by the Council. HR Commitlee This group oversees all staffing appointment& tenns and conditions. and the management of staff. Global Impact Group This group attends to matters relating to rninisty of the local Church to the community and the world, including the support of missionaries and mission societies, swnsoring young p¢opl¢ during gap year placancnts, etc. Buildings Commillee This group oversees the stewardship of the Church buildin& Si. G¢org¢'s Church Plac¢ {] Ch¢yne Lane and two flats. l a and I b), St. George's Church Hub (27-29 St George's Street) and a property in Bentley Street thai are owned by St George's Church Trust and ensur￿ that repairs are deali with as and when necessary. Structsrej govern*nce and management The method of appointment ofPCC members is set out in the Church Representation Rules. All Church attendees are encouraged to register on the Electoral Roll and sland for election to the PCC. The full PCC met ten times during the year. Committees have met Ixtw¢¢n m¢¢tings and items from th¢s¢ w¢rc included in the PCC discussions where nece&sary. Objectives and activitles St. George's PCC has the responsibility of co-operating with th¢ incumbcnt. thc Rcvcrcnd Canon Dr Martyn Taylor. in promoting in the ecclesiastical parish and surrounding areas the whole mission of the Church, pastoral, evangelistic, social and ecumenical. It also has maintenance responsibilities for St. George's Church Place, St. Gcorgc's Church Hub and St. G¢org¢'s Church. Church Attendance Historically the church has held at least three services each Sunday, two in the rnoming and one in the evening. We have also started a more infornial service immediately following the Friday Connect session which has grown steadily. There were 390 (2024.404) members on the ele¢tordl roll in 2025. PAROCHIAL CHURCH COUNCIL OF ST. GEORGE'& STAMFORD ANNUAL REPORT OF THE PCC (CONTINUED) YEAR ENDED 31 DECEMBER 2025 Flnancial review The annual accounts include both unrestridcd ￿ndS (available for use by the PCC to meet the costs of running St George's, also known as the General Fund) and restrict￿ funds (where the donor has specified a use for the funds, such as to support CAP or a particular mission partner). Note that all figu￿$ ar¢ shown to the nearest £ whereas underlying data are to exact p¢nni¢4 so that some totals may nol appear lo add up due to rounding. 2025 saw a decline in headlin¢ Giving overall of £70,(KK)- but in fact is a £42.IXK) increase when we take out a signifjcant one-off gift in 2024. There was a noticeable increase giving to Fwh Hope. but that work is partially funded by the PCC and any shortfall is generally made up from the General Fund. Year to December £ Ineome Expenditsre 2025 2024 2025 2024 Genergl Fund Reslricrgd.. Gift Day Projects CAP Fresb Hope Mission Other (J07.407 679,828 622,492 577.779 5,179 41.965 50,820 11.282 12.675 1.747 34,664 37.247 11.709 14,576 2.347 38.419 32,921 16.534 12.183 48,081 37,808 13,700 20.164 TOTAL 729 799.581 680,182 Total underlying spending increased by around £42,(KKI with highlights being a £23,000 increase in our staff costs and the continuing upgrading of our AV system. At Fresh Hope we continued to SUp￿rt ihe most vUln￿bI¢ and needy in our local community including th¢ work of SHEP. This is an extension of our general WO￿ and whilst there is some generous giving including grants it is not intended to 'wash its face, and at the year end. we transferred £60,000 from the G¢n¢ral Fund for 2026 (see notes 3 and 12 in the accounts below) to 'balanc¢ the IM)oks'. Our Other projects include a fund set up to hdp those struggling with Energy bills, our Revitalisc proj¢cts in the diocese and out New Leaf b￿kSta1] initi*iv¢. PAROCHIAL CHURCH COUNCIL OF ST. GEORGE'S, STAMFORD ANNUAL REPORT OF THE PCC YEAR ENDED 31 DECEMBER 2025 Reserves Policy It remains the policy of the PCC to maintain liquid unrestricted funds. which are the free reserves of the PCC (net of fixed assets), at the expect￿ running costs for one month for the three main ongoing funds (Gen¢ral, CAP and Fresh Hope). Perfonrlance was as follows. Generxl CAP Fresh Hope Comblned 2025 Monthly yptnd Balance at 31.12.2024 Balanee at 31.12.2025 51.874 147.285 11&471 2.889 38.527 45J18 3.104 41.481 4fi654 57.867 227.293 208,442 As Can b¢ s¢¢n abov¢, our liquid unrestricted funds wff¢ around £208,0(X) for th¢se thr¢¢ works or around 3.6 months. worth of spending. At the General Fund. this is slightly lower at 2.2 months and reflects the £60,000 (¢quivalent to £5,000 per month) transfer to Fresh Hope. Risk Policy Risk assessments have been made for all activities which are part of the work of the Church in the parish. Our child and vulnerable adult safeguarding policies remain in place. A Health and Safety risk assessment was also carri¢d out during th¢ y¢ar. and r¢m¢dial actions ar¢ b¢ing tak¢n wh¢r¢ n¢c¢ssary. Rector's report We are a church with Jesus at the centre. where the Bible is our guide, and where people matter and in 2025 we launched our new vision: -In the next five years we trust God to be a people of his presence with a passion for discipl¢ship." ChAnged by His presence... As a resource churcty Sl. George's church must be lotslly relianl on God and Constantly seeking his presence. W¢ want our whole church to be marked with, empower¢d by and known for th¢ presen¢¢ of God. We n¢¢d to actively listen to Him and obediently follow his ways, confidently exercising the gifts of the Holy Spirit. We want to respond to God's leading in how we can best resource from St. G￿rge,$, equipping and releasing people from this Church to the wider church family across the world through the empowering work of the Spirit. We believe and will work with expectant faith for growth and great things, including the reviving of the whole church as w¢ respond to God's leading over the next five years. We long to go dccpcr in our relationship with God and our worship of Him. .with a passion for discipleship. St. George's has a dc¢p passion for pcople of all ages and stages. and we ar¢ committed to being a nurturing and supportive environment where everyone can thrive. We want to be prepared, both practically and spiritually, for what God has for us over ihe next 5 years. If we are lo become a church prepared for and expeding God to move powerfully, we know that we must be Ob￿)ent to Jesus, who told us to make disciples. PAROCHIAL CHURCH COUNCIL OF ST. GEORGE'S, STAMFORD ANNUAL REPORT OF THE PCC YEAR ENDED 31 DECEMBER 2025 Disciples of Jesus follow Jesus, become mor¢ lik¢ him, and make other disciples. We are praying in faith for many people to corne lo salvation in Jesus. and we musi get ready to mak¢ th¢m into whole life discipl&8 of Jesus. We will encourdge personal growth 2nd discipl£ship across all ages, equipping everyone to live the Christian faith boldly and authentically. 800 Anniversary 2025 was significant for us as a church as we celebrdted 8IN) years of worship since the first named Rector in 1225. We c¢l¢brdt¢d with a church family fun day in July comp)¢te with bouncy (xtle, Hog Roast, leaiher goods sales from Fresh Hope, as well as Matt Wild's home brewed 1225 Peck Ale, nam¢d after the first Rector. We welcom¢d th¢ Dean of Windsor (Christopher Coxworth) for a civic celebrdtion of our anniversary? building on the link with St George's Chapel Windsor and our cornmon link to the Order of th¢ Garter. Most importantly we engaged in"Mi5sion 8(10," a visitation pro8ramme of the whole parish with the offer of a th special 800 anniversary ￿llion of th¢ Bibl¢ for those who would like one. Ben has written a bespoke re￿rt on the Mission 8(K) outreach to the parish. Three guests in Martyn's current Alpha group received Bibles through this outreach. We also welcomed evangelist Rico Tice to speak at a convivial cheese and wine evening in October, preparing the way for invitations to Christhias events and Alpha in the New Year. We also held church history tours over the 801Yh year. stsff ChAnges At Christmas 2025 we said goodbye to Clar¢ Arthey as our Operations Manager and are so grateful for her years of scrvice and dedication to helping St George's and our wider n¢twork grow in capacity. Clare gave us plcnty of notice, so we werc able to plan for a new Operations Manager, with Clare willing to gl ve lime to overlapping and handing over her knowledge of the Tole to our new operations manager, Freya Rowe. We are blessd that Freya was able to start towards the end of 2025 for thal overlap pertod. Freya joins us with Resource Church eXp¢rIen￿ having done the sarne role at Love Church in BounKmouth prior to joining us in Stamford. Sh¢ also grew up in the youth ministry at St Geor8e'4 so has in another sense come hom¢. Jess Hackett resigned a5 our worship leader last s¢pteMb￿ after two years in the role. We are thankfijl to God for Jess and the gifts she used in leading us in worship over that lime. We advertised for a replacemenl and had only one serious application towards the end of Octob¢r. from David Neutel. whom we have been very pleased to welcome in January 2026 &$ our new director of music. WelcOn￿ to David and Guida. Anna Mayo has been responsible for line managing our two interns. Alex and Natalia. who both started in September and have made a very good contribution to the life of the church. We are now starting to look for new interns for September 2026. Debs Jones retired from our staff team last summer and was a vital member of the pastoral team and coordinator of our prayer ministry team. We are thallkfi￿ to God for the countless people whose lives were impacted by God's grace and love whom flowing through Deb4 and the many peopl¢ who she led to Christ. It is great to see D¢bs returning to Friday Connect and leading more people to ChTiSt again now she has had a deserved post-retiranent break. PAROCHIAL CHURCH COUNCIL OF ST. GEORGE'& sfAMFORD ANNUAL REPORT OF THE PCC YEAR ENDED 31 DECEMBER 2025 We thank God for all our wonderful stsff te*m. Last April we were privileg&J to go on an overnight staff retreat to Northampton for vision casting. training. and an extended lime of prayer. w0￿h1p and fellowship together. along with the teams from Grantham and Spalding (see the R￿ll[ce Church report that follows). New Leaf ministries continued lo get g(XMJ Christian books into the hands of the congregation, and we ¢njoyed a special visit in November from author and speaker Andrew Ollerton who taught from his latest work, "God's Book" and managed to sell and sign nearly one hundraj tM)oks afterwards. This was followed a few weeks later by guest evangelist Jonathan Conrathe ministffling at a healing service with friends from Mi&8ion 24, W¢ know that pray¢r is ¢¢Thtral to all w¢ do. Prayer Central has continud io b¢ on¢ of our most important meetings of the month. with over 100 gathering. We have also enjoyed two 2417 prdyer rooms in the year as well as the regular Tuesday lunchtime intercessors group in Cheyne Lane which is open to all. Over 2025 we have continued to see growing numbers at all our ehurch stryiees, so that the morning congregations often feel full. Alongside a busy children's church at the 9:15 we have started to see the I l am children's ministry growing again. The 6:30pm service has seen a significant increase in young adults attending who s¢¢m to tak¢ over ihc north transq)i each wed(. Th¢ young adults enjoyed th¢ir annual retreat to Letton Hall with increasing numbers attending. We are grateful to the Raising Generations Team for all th¢y do to support our work with ihe ￿30,8 under the leadership of Matt, Mark, Joe and Jacob. Our Fresh Hope ministy is continuing to serve those in the church and community who need help and support, both practically and spiritually. With regular groups meeting, the Community of Hope have regular opportunities for prayer, Bible study, and learning new skills, including the leather project that has been a real joy. CAP Iw seen expansion into new post whdher maintenance or irnprovetnenL is writtcn off as expenditure in the statement of financial adivities and sq)arat¢ly disclosed. Other fixthres, fittings and office equlpmeDt Depreciation is provided at the following annual rate5 to write off each asset used within the Church, G¢org¢'s Place and the St George's Church Hub, less estimated residual value. over its estimated useful life. Property improvements Computer equipment Vehicles Other equipment and fittings 4•/• on ￿)st 33°/0 on cost 2511/0 on cost 200/0 on cost Occasionally, equipment and fittings th￿ hav¢ bc¢n Supused￿ and havc no rc-sal¢ valu¢ will k written off. l(e) Pensions The PCC operates a defined contribution pension scheme. Contributions payable for the year are tharged in the slal¢ment of financial aclivili¢s. PAROCHIAL CHURCH COUIYCIL OF ST. GEORGES. sfAMFORD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) YEAR ENDED 31 DECEMBER 2025 2. INCOMINC RESOURCES General Restricled Totll Fund5 GKt Days Olber 2025 2024 2a. VoluArary income Regular donations Sundry donations Colleclions Gift Aid rewvered Grdnt5 414.827 39, 13267 101.658 3.133 57l791 51,997 32.962 1.083 466.824 77,046 14,349 109,322 21,543 689,085 415.058 I￿),276 13.245 115.649 21,749 755,977 4.179 18,410 5.179 2b. Incomefrom church acl1vil￿5 243 243 2,IX)6 6,611 1,361 9,978 Ev￿11$ Booklet sal&$ .947 1.947 ,947 L189 2c. Other incoming resourtts 34.373 3,681 38.054 33,625 TOTAL INCOMING RLSOURCES 116742 729 28 Note thai Grants comprise money received from Trusts. charities or statutory bodies. Gifi Aid recovered is from HMRC. whereas other volimtary income lines are from individuals. 16 PAROCHIAL CHURCH COUNCIL OF ST. GEORGE'S, STAMFORD NOTES TO THE FINANCIAL STATEMENTS (coMfiNuED) YEAR EIYDED 31 DECEMBER 2025 3. RESOURCES EXPENDED Church activities £ Restricted Funds ift Days Other 2025 2024 Nole Mixsionary and ehan.lable8i￿fiz.' Church oversea5: Missionary societies Home missions and other S￿]￿leS Discretionary gifts and (rther grants Missionary atLd charitable ￿vIng 41.353 10,706 600 51659 11.709 18,413 2,705 32,827 53.062 29,118 3.305 85,486 54.262 18,756 3.319 76J37 Minislry.. Diocesan parish Share Clergy and pastoral staff (& expenses) Church - running expenses Adult courses Youth work Social outreach Church services Events Building projects I iO,IKK) 15.598 23.832 8.899 112.670 67 34.183 1,750 i I O.IM)O 15,598 25.662 12.604 112,686 115,124 34.183 2,310 1.747 I i 0.000 30,832 45.065 15,300 101.137 117.308 72,534 6.273 2,347 1.830 3.705 16 115.057 560 1.747 Admlntstraiion.. Salaries and oifice expenses Equipmenl depreciation 197.890 4.944 197.890 9.144 90,261 12.789 4.200 RESOURCES EXPENDED 562.492 .747 158.195 722.435 680,182 Transfers -60.000 TOTAL RESOURCLS EXPENDED 62 492 747 19S 722 435 680,182 17 PAROCHIAL CHURCH COUNCIL OF ST. GEORGE'S, STAMFORD NOTES TO THE FINANCIAL STATEMEiYfs (CONTINUED) YEAR ENDED 31 DECEMBER 2025 4. MISSIONARY AND CHARITABLE GIVING General Reslrided Total funds 2025 2024 Instltutiom (Overseas missions): ACT (via Howard Jones) Arab World Ministries Emmanuel (Bishop Abraham India) Keswick Convention Kisiizi Partners (Sponsor a Nurse) Kubayla School Kumbaya Ministries (Zambia) Latin I.ink Mlddle East Media Pioneers SOMA Tear Fund Valley Life T￿$t World Shine Ministries 2.375 2,375 2.315 4.740 4.740 500 3.125 5,080 3.125 2.125 680 2.040 7,230 2.370 2.370 7,900 1.500 13.815 717 2.970 42,012 43,136 1,51XI 8.918 4,897 717 2.970 11.709 21,666 30J03 1n5titut10115 (UK ml$slons): Christians Againsl Poverty Church of England Evangelical COU￿11 Wine Reviialise St John's Spalding 6,91XI 6,WO 8.100 1.5(K) 6,156 7.728 11,513 19,241 9,728 14413 2@141 18,756 Individuals: Overseas tnissions Hardship (including Energy Fund) 12.050 12.050 3.305 ISJSS 11.126 3.319 14,445 3.￿5 12J50 TOTAL MISSIONARY & CHARITABLE GIVING S2J59 85.480 76 37 The PCC supports mission organisations and individuals doing Christian work in ihis country and abroad. The Global Impa￿ Group recomrnends grants payable which ￿ then teviewed and approved by the PCC. 18 PAROCHIAL CHURCH COUNCIL OF ST. GEORGE'S. STAMFORD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) YEAR ENDED 31 DECEMBER 2025 The value of grants has been split between grants to institution5 and grants to individuals, with a furth¢r breakdown for individuals by overseas rni&8ions, home missions and hardship. However, these breakdowns are only approximations as: (i) some of the grdnts given to institutions are then passed on to particular individuals or families supported by St. George's Church" and {ii) some of the institutions do missionary work both overseas and at home. Also, there is no indication given of the numbers of grants rnade, as.. (i} some of the grants are given out through several standing orders" {ii) some restricted donations are amalgamated and then distributed only periodically. and (iii) some individuals receive more than one kind of grant (and so adding the numbers together would give a rnisleading total of individuals receiving them). Grants are paid from restricted funds in line with the intentions of the donor. The PCC has a policy of paying grants to appropriate causes equal to I 10/0 of all unrestrictd incoming resources of the previous year. Grdnts are also given from the Fresh Hope Fund at the discretion of the PCC to m¢mb¢rs of th¢ Church or the local LX)mmunity in particular hardship or need. DIOCESAN PARISH SHARE We are the larg&8t church in Lincolnshire, the diocese continues to face a severe cash deficit due, and the diocese pays for our Rector and Associate Rector which we believe costs them in th¢ ord¢r of £1 lo,0￿. Th¢ PCC paid £1 10.O(K) in respect of its 2025 Diocesan parish share (2024". £110.(XX)). STAFF COSTS Siaff costs £ 2025 2024 Wag&8 & Salaries Social security costs Pension contributions 260.801 16,230 28,290 305J21 239.140 12,465 25,757 277J63 No cmployee received a￿gate emoluments of more than £60,(MXI in either 2025 (2024: none). In the Summer of 2025, we marked the retirernent of our Pastordl Worker, Deb5 Jones, and said goodbye to our WOTship leader, Jess Hackett. Towards th¢ end of the year. we also marked the retirement of our Operations Manager, Clare Arthey. who has been replaced by Freya Rowc. The Church also had the services of a Rector. an A&sociate Rector atMI a Curdte. All three were paid tbrough the diocese and were therefore not PCC employees. The PCC makes an annual payment, known as the diocesan parish share, to the diocese (see not¢s 3(a) and 5) as a contribution to costs Ix)m¢ by the dioces¢. In addition to th¢ salaried ¢mploy¢¢s. th¢ Church b¢n¢fits from having a Youth train¢¢ and, from summer 2025, two interns. all of whom receive some financial contribution towards expenses. The staff costs include staff involved in ministy, youth work. social outreach and administratio￿ and the chU￿h benefits from an unquantifiabl¢ amount of volunl¢er labour. 19 PAROCHIAL CHURCH COUNCIL OF ST. GEORGE'S. sfAMFORD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) YEAR ENDED 31 DECEMBER 2025 7. REMUNERATIOIY AND EXPENSES OF THE PCC No member of th¢ PCC Teceives any remunerntion in their capacity as a member of the PCC. The Rector. Associate Rector and Curate, who ar¢ paid through the dI￿eSe {see note 6), are also members of the pcc. Exp¢ns¢s and allowances were paid to members of th¢ PCC as follows: 2025 2024 2025 2024 Amount £ 4.557 5.673 Number Travel, allowances and hospitality Mrs H Topham, spouse of Revd Ben Topham was employed by the church for cleaning service5. In 2025, the total paid was £2,692.50 (2024: £1,138.32). Th¢r¢ were no other disclosable transactions in respect of PCC MeMb￿S, pwns closely connected with them or other related parties. 8. FIXED ASSETS Other Equipment & Fittings Computer Equipment Cost 31-Dee-24 Additions in year Disposals in y￿r 31-Dec-25 49,777 3,448 1,413 18.469 100,190 21.917 53.225 68,882 122.107 Depredation 3 l-Dec-24 Charge for year Disposals in year 31-Dec-25 43,946 3.198 31.618 5.946 75￿64 9.144 47,144 37 84.708 Net book value 31-Dec-24 SJ31 18,795 24.626 31-Det-25 082 31J17 37J99 At the end of the year thcr¢ w¢r¢ no outstsnding financial ￿Mmitments. 20 PAROCHIAL CHURCH COUNCIL OF ST. GEORGE?S, STAMFORD NOTES TO THE FINANCIAL STATEMElYtS (COIYflNUED) YEAR ENDED 31 DECEMBER 2025 9. DEBTORS 2025 2024 Gift Aid recoverable 69.446 3,075 3.075 10. CREDITORS: AmouDts fAlliDg due wlthln one year 2025 2024 Invoices due Tax and social security 523 2,025 2J47 4.744 4.744 11. ANALYSIS OF NET ASSETS BY FUIYD GeDernl RNtrirted Total Fnndi Gift days 2025 2024 Fixcd assets Debtors Cash Current liabilities 28.645 65,708 54.270 -3.507 8.754 2.738 111.047 ,236 37,399 69.446 196,136 4,744 24.626 3.075 266,191 -2.547 30.819 145.116 31 19 291J44 The restricted funds for which fixed assets are held are as follows: 2025 2024 CAP Fresh Hope 354 8.4(M) 8,754 12.6(K) 12,(A)O 21 PAROCHIAL CHURCH COUNCIL OF ST. GEORGE*S, ￿AmF0RD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) YEAR ENDED 31 DECEMBER 2025 12. RESTRicfED FUNDS BAlante Income Expenditure Transfers I Bxlanee 31.1224 2025 2025 Write offs 31.12.25 Bookstall CAP Energy Events Fresh Hope Gift Day 2020 Missions Revilalisation 345 38.370 6.611 5.219 41.481 28.387 998 9.732 1.947 41,965 -1.788 -34.664 -1.275 45.672 5,336 5.334 55.054 31,819 571 8.832 50.820 5.179 11,282 10.613 -97.247 -1.747 -11.709 -11,513 60,0 131143 121921 13. Speelal Items Last year we took the opportunity to close several redundant Restricted Funds by transferring funds to and from the General Fund. This year there has been no such need, but we ¢ontinu¢ to support Fresh Hope through an end of year transfer. There is no expectation that the Fresh Hope work will or needs to be self-financing. 14. Glft Day 2020 A gifi day in April 2020 rais￿ money for ryaits lo the church fabric, mainly for the tower but also for a new oil tank and the cleaning of the Chancel ceilin& Work on the Tower was (x)mpieted externally in 2022, and oil tank inslalld. The cleaning of the chancel ceiling will take place next. After the payment of some additional roof costs and a generous donation to do so, the balance is £31,819. PAROCHIAL CHURCH COUNCIL OF ST. GEORGE'S, STAMFORD NOTES TO THE FINANc￿L STATEMENTS (CONTINUED) YEAR ENDED 31 DECEMBER 2025 Is. TRANSAcfioNS WITH RELATED PARTIES Mr Carl F¢nd¢r and R¢verend Canon DT Martyn Taylor are tn￿le£S of ihree other registered Chariti¢S. l) Saint George's Church Tn￿t. This Charity owns the Hub (27r29 St Gwrge's Slreet), Tumbull Hous¢ (12 Bentl¢y Str¢¢t), and St George's Church Place (I Cheyne tAne) - all in Stamford. During the year. these properties were used rent free by the PCC for Church purpos¢s and accommodation. In the opinion of the PCC, th¢ Gstimated market rental value of these properties would be in the region 01£50,000 per annum. In 2025, this Charity made no donations to church funds (2024: nil). 2) Stamford St. George's Church Charities. In 2025, this Charity made contributions to church funds in the forni of donations totalling £15.000 to Fresh Hope (2024: nil). 3) Stamford St. George's Church Estate. The objectiv¢ of this Charity is to assist in Maintaining the fabric of St. George's Church, Slamford. In 2025. this Charity made no donations to church funds (2024: nil). Mrs Pamela Lee, spouse of PCC member Mr Rick L¢¢. is also a trustee of Saint George's Church Trusl. 16. AUDIT AND ACCOUNTANCY These accounts were independently reviewed by Grafflic Mitchell ACMA, (who also reviewed the 2024 accounts) who has not charged for this wotk. 23