THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES TUNBRIDGE WELLS ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025 REGISTERED CHARITY NO 1136988
CHARITY INFORMATION Registered Offke Church House 1 Ferndale Tunbridge Wells Kent TN2 3RL Parochial chUh Council Tracey Appleton Diane Baderin IApril-October 2025) Amanda Baker Roger Dunlop Ito Aprl 20251 Carol Edwards (to April 20251 Jenny Garratt Tony FitzPatrick Priscilla Kankam Michael Phillips Susan Schibli Frances Shortland Sarah Alexander pcc secretsry in attendance Mark Wright Operations Manager in attendance Anna Whealley Youth Wod(er ttendanee Registered Charity number Governing document 1136988 The Parochial Church Council Powers Measure (1956) as amended and the Church Representation Rules that came into force on 2nd January 1956 in Ex Officio Members of the PCC Incumbent Revd Judith Hammill Bankers The Co-operative Bank PLC 1 Balloon Street Manchester M60 4EP Curate Rev Caroline Mills lio Dec 202$) Metro Bank PLC One Southampton Row London WC1 B SHA Wardens Andrew Appleton Adam Bennett PCC Treasurer Sheila Anstead Independent Examlner Zachary Ramsden FCA, 63 Deakin Leas, Tonbrldge. Kent TN9 2JT Page 1
CHARITY INFORMATION OBJECTIVES AND ACTIVITIES The full name of the charity is the 'The Parochial Church Council of the Ecclesiastical Parish of St James, Tunbridge Wells" we shall refer to it as "the charity" The object of the charity is to further the religious and other charitable work of the Church of England in the Parish of St James Tunbridge Wells. The members of the PCC are the Trustees of the charity and as a body are responsible for supporting the clergy in promoting the mission of the Church in the parish - evangelistic, pastoral, liturgical, social and ecumenical. It also carries the responsibility for maintaining the building of St James, Church and the other property of the charity. WHAT WE HAVE DONE DURING THE YEAR AND OUR PLANS FOR THE FUTURE The activities of the charity are described below, and the members of the PCC believe thal these are sufficient to comply with the Charity Commission requirement for public benefjt. The Electoral Roll at the APCM held in April 2025 had a total of 153 members compared to 267 in April 2024. The regular worship of (d in our church provides opportunities for spiritual refreshment, teaching. communal prayer, outreach. communion and fellowship. The House Groups provide further opportunities for teaching and support for their members. The generally private ministry of pastoral care in the parish is carried out daily in response to need as it arises. In 2025 the parish has undertaken a full range of services holding two services on Sundays to cater for the differing needs of the congregation. About 40 people on average attend the 8am Sunday morning communlon 1662 prayer book Se1. The worship in the main 10am Sunday morning service has an average attendance of about 130, with a further 60-70 downloads from the Youtube livestream. This service is varied to minister to the whole congregation with the music group leading on most Sundays and a full organ service once a month. An unmanned creche. a Sunday school and a group for the young people are nomially available but occasionally all-age Page 2
CHARITY INFORMATION services are held, Often to mark special Sundays such as Mothering Sunday or Christingle. For members who are housebound Holy Communion can now be taken to their home. We have seen a small increase in numbers attending the main service and a significant incr8ase in attendance at the main festival services in 2025. As w811 as these services, Moming Prayer services are held on three days during the week. Services are held in the nursing and residential care homes in the parish and r8sid8nts Can watch th8 Services on YouTube. Special service5 were held at the major festivals of Christmas and Easter. In addition to the vicar, a curat8 and a full time Youth Worker, the parish ben8fits from having three Readers, Licensed Lay Ministers, a Lay Evangelist, a Pastoral Assistant. A further member of our congregation has completed courses which gives the them bishop's permission to preach. Rev Caz Mills, who was appointed as our curate in September 2023 was licensed as Priest in Charge of St Peter and St Paul's Shoreham on the 15th of December 2025. We wish her well in her new parish and thank her for her service to St Jam8S. Four of our church m8mbers w8r8 baptised orland confirmed by Bishop Jonathan at Christchurch. It was a wonderful occasi with 25 people being baptised orland confirmed from three different churches in the town. The Alpha course began and four people are taking part induding one who has very little knowledge of th8 Christian faith. Five new families or groups of people attended the Newcomers, Tea. In fvtU we wlll be havlng a Newcomers, Tea every six months as each week there are new people attending. Several members from St James joined in the Global Week of Prayer to come together as God's Church in Tunbridge Wells to pray for encounters wlth God, unity in Ihe church and the transformation of our town. It was wonderful to join with about 250 people at Bennett School on the Sunday evening to pray and it was such an encouragement to hear from the young people at the school about what God is doing th8r8. Our vicar is chair of the governing body of St James Primary Sch(x)l and sh8 or wr curate take two assemblies e8ch week. Links beeen the church and the schwl ar8 Strong and increasing. In July Judi and Caz18d th8 Iwo Tunbridge Wells Boys Grammar RE days for all the Year 10 boys. Page 2
CHARITY INFORMATION In 2018 the PCC agreed to support a pilot project run by TEAR Fund in th8 dioc85e of Kondoa, Tanzania, St James provided £15,000 each year for 5 years to support the project. Following a strategic review of their work in East Africa T8ar Fund ended their support for the Kondoa project from September 2023 but the projed has Gontinued with the same level of financial support from St James through the Diocese of Rochester which has a link to the Diocese of Kondoa. Six members of the church, including our vicar, visited Kondoa in June 2025 to see the project for theMsee$ and strengthen the link between St James and the Diocese of Kondoa. They visited nine different churches and the new school in Chemba. Judi baptised 105 children and preached seven times in seven churches and Roger preached in a different church when the team split up on the Sunday. It was wonderful to see joyful, thriving churches, praising God and growing in their knowledge and love of Jesus, as well as how the Church and Community Mobilis8tion Project is helping to enhance their lives and communities and working in partnership with their Muslim neighbours. The PCC have agreed to extend support for a further 3 years. By then there should be sufficient numbers of trained facilitstors lo enable Ihe project to be self-supporting going forw8rd. The PCC set aside 11.5 % of its donated income in 2025 for the support of mission activities and held events to raise money for mission. Gifts to mission partners, mission and relief organisations and other grants in the year totalled over £35,000. We held a Christmas Mission Fair in 2025 which raised £3,329 for mission activity. A donation from a churth member increased this amount to £4,600. We received visits from several of our mission partners in 2026. Archbishop Samuel and his wife shared with us about the work of Hope Gardens, and encouraged people from the church to go out and visit India in the Spring of 2026, Clare Grimble told us about her work in Nepal, Wendy PiccAni from The Leprosy Mission told us about her recent visit to the Odisha Leprosy Colony in India and it was a joy to welcome Jim Stewart, our previous vicar. and Parvin and hear from PaNin about the work of SAT7 streaming Christian programmes to the Middle East. We were delighted to be able to run a holiday club this summer whid) ended with an BBQ lunch. Page 3
CHARITY INFORMATION Over 200 people came into our church for the Light Drop in Party on Halloween night and were reminded that Jesus brings light and life and love into what is sometimes a dark and difficult world. The church was full for an amazing performance of Messiah by the Merry Opera company. The Ladies, Breakfast was a great opportunity to hear about the work of the Sea Cadets. The Imago Dei fashion show later that day, was great fun and raised a good amount of money for the charity as well as giving some of us a new ouffil. Other events were held to 8dd to the day-lo-day witness of church members in their households, neighbourhoods and workplaces. ABC (for 1-3 year olds> and Rooted, our Youth Club, ran throughout the year. The CAMEO, Creative Chat and Sunday table tennis groups continue to provide friendship and support. Our monthly Who Let the Dads Out group continues to thrive. Our Youth Worker. Vicar and Lay Evangelist have run a Refresh group with cake, drink, and fun children's aclivities outside church on a Wednesday aftemoon for children and families walking home from school. This is an opportunity to form friendships with families. showing that our ¢hur¢h is open for everyone and letting people know about Upcoming events. We have seen that building those relalionships and being Gonsistently present has meant that some have started coming along to church. Following a time of prayer and reflection, the PCC made Ihe difficull but unanimous decision to close the Pre School at the end of August 2025. St James had run the club for over 20 years. This decision was taken mainty for financial reasons. Getting staff. especially trained staff has become difficult in recent years and the new legislation is making it much harder to run at a profit. Working parents are entitled to 30 hours free care for 2 years olds rf they are working 16 hours a week, but it would be very hard for parents who work to use our pre-school. as it is only open 3.5 hours a day. We are very happy that st James Road Pre Sd)ool, a new preschool that is independent of St James Church, opened for a new group of young children on Wednesday 7 January 2026 and is using the Pre School area. In 2026. St James, celebrates 165 years of ministry. To mark this milestone, we are launching a one-year fundraising campaign to raise al least £165.000 for essential property maintenance and projects. The campaign name is "ProjeGt165" with the strapline °Our building, God's mission.. The financial target for the campaign is to raise al least £165.000. although more money will be needed to complele projects and so it is likely that specific fvndraising for our buildings will be ongoing. Page 4
CHARITY INFORMATION In 2026 the PCC and the church will continue to minister to th8 local population and to its members, provide teaching and worship through its regular seICeS and home groups and lo support mission activity locally, in the UK and in other countries. FINANCIAL REVIEW Th8 Unrestricted General Fund made an operational loss of £81,000 in 2025 before transfers of £70.000 from the After School Club fund and £15,000 from the Church repair fund gave a surplus of £4,000 Income The Unrestricted General Fund had a totsl income of£280,500 in 2025 compared with £254,000 in 2024. The parish is supported in its work by income from regular giving and donations from members of the congregation. Including income tax recoverable under the Gifl Aid scheme, donations to the Unrestricted General Fund increased by £5,000 from £160,000 in 2024 to £165,000 in 2025. Regular planned giving was up £12,000. unplanned giving was down £7.500 and Gifl Aid recoveries were up £500 compar8d with 2024.The increase in regular donations is welcome but overall donations need to increase in real t8rms going forward to ensure we continue to meet our regular commitments. We received a Listed places of Worship grant of over £8.000. This is a refund for VAT paid on repairs to the church building. Income from fe8s for weddings and funerals was £2,975. The Diocesan Board of Finance (DBF) portion of the fees is payable to the Diocese and this amounted to £1,407 in 2025. Income from the letting of church premises was £23,000, up £2,000 from 2024. Property rental income was £58,500, up £10,000 from 2024. One of the properties was vacant for a period in 2024, refurbished and relet for a significanlly higher rent, At the end of 2017 the PCC signed a 20-year contract with Net Coverage Solutions for the use of telecommunicatlDns equipment in the church spire for an annual rental of £7.000 from 2018. Page 5
CHARITY INFORMATION Expenditure Total unrestricted fund generdl expenditure in 2025 was £324,500 compared with £270,500 in 2024. The 11.5 % tithe from donation income (Includlng Glft Aid) was £19,250 compared with £18,400 in 2024. This tithe is set aside for mission-related activity as shown in note 17 to the accounts. The PCC'S contribution to dioGesan costs, including clergy stipends. increas8d from £83,000 to £91,500. This followed som8 large one-off donations in 2024. A survey by Historic Building consultants following an ingress of water through the chancel roof established that some major repairs were required. The most urgent work was completed in 2025 at a cost of £44,000. Other maintenance and equipment work done in 2025 included a repair to the lightning conductor {cost £4,200), renewal of car park boundary railings (cost £5.200) tree work in the church grounds (cosl £4,400}. a new shed in the church grounds (cost £1,300), refurbishment and repainting of 2 elevations of Church House (cost £10,300) and repainting of the common areas in the Church House Flats (CA)St £4,400). The cost of new projectors for the AV system (when the old ones failed unexpectedly) and a scaffolding tower (total £23,000) has been capitalised in the accounts and will be depreciated over 5 years. Total rna1ntenan and equipment wsls including maintenance to the tenanted properties was £93,300 after capitalisation in 2025 compared with £43,000 in 2024. PreChoOl The Pre Scl)ool clos&J al the end of August 2025, making an operating loss for 2025 of £28,200 after allowing for the expenses of closure, including £26,322 in redundancy payments. A transfer of £11,000 was made from the After School Club fund to the Pre School fund to cover these expenses. Page 6
CHARITY INFORMATION Funds At the end of the year, lotal assets of the PCC stood at £2,280.617, a reduction of £122,245 from 2024. This represents an overall loss of £84,945 in net current assets plus a reduction of £37,300 in unrealised property gains. £19,000 is tithe still to be donated. £47,000 is funds for repairs and building projects, £27,500 is the retained reserves from the After-school Club while a further £121,000 is set aside for special projects and £5,500 for other designated fund5. £20,700 is restrlcted for mission giving (including to the Tanzania CCMP project), the Vicar's discretionary Fund, the Nicholson bequest and the Pre-school so available for expendilure only on Ihose acllvities. This left a General Fund of £81,000 for use as the PCC sees fit, within the objects of the charity. Taking into account the financial position of the charity on 31 December 2025 and the expected income and expenditure for 2026, the members of the PCC believe that il is appropriate to o)nsider the charity a going concern from the date of the approval of the accounts. Reserves policy The PCC'S Reserves Policy is lo maintain sufficient level of reserves to enable normal operating activitie5 to continue over a period of up to 3 months should a shortfall in income occur and lo lake account of potential risks and contingencies that may arise from time to time. The General Fund represents 3.5 months of income and 3.0 months of expendilure which is in lin8 With this target. Three months of general fund expendilure at 2025 levels, (which are unusually high due to the unexpected cost of the roof repair and the new projectors), amounts lo £81,000. The Unrestricted General Fund held £81.000 at 31 st December 2025. STRUCTURE, GOVERNANCE AND MANAGEMENT The members of the PCC are either ex offiGiO or elected by the Annual Parochial Church Meeting {APCMI following the church representation rules. The members of the PCC during 2025 are shown in the Charity Infomiation page. Page 7
CHARITY INFORMATION The PCC delegates its work in the parish to Ministry Groups, made up of at least the vicar, wardens and one member of the PCC and other members of the congregation. Each Ministry Group meets regularly to consider and act upon the area of responsibility that it has been given by the PCC. Each Ministry Group reports back to the PCC at least once every year and minutes of Ministry Group meetings are made available to the members of the PCC. In addition to monitoring and directing the work of the Ministry Groups (including the Finance Ministry Group) the PCC regularly considered safeguarding issues and worked with our Safeguarding officer to implement improved safeguarding practices, complete the safeguarding dashboard and compile job descriptions for all our volunteer roles. PCC meetings in 2025 focussed on ways to manage and improve our financial positK)n going forward following the need to replace the failed projectors and make urgent roof repairs including the setting up of the Project 165 appeal fund. The future of our Pre School, including closure arrangements and the future use of the Pre School area, was ather key area for discussion. SAFEGUARDING The PCC has complied with its duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 with regard to the House of Bishops. guidan on Safeguarding children and vulnerable adults. Page 8
CHARITY INFORMATION The Ministry Groups are: Name Teaching and ministry Res onsible for Leading and directing the teaching and ministry in church services, home rou and other forums Leadin and directin the worshi in our services Funding mission work in the parish, the town and overseas and su ortin theworf( racticall andthrou h ra er Building links to the local community to bring the gospel through personal contact and relationshi Maintaining the buildings and facilities of the church and other buildings to serve the arish, the members of the church and other users Focusing on the work amongst our children and young people including planning the activities in Sunday Groups. special events and developing the skills of the volunteers Monitoring the financial health of the church. planning for future demands on finances and admsin the PCC on financial matters Mission Local outreach Fabric Children and Young People Finance The PCC is grateful for the time, talents and enthusiasm of the members of the church that give their services through these groups. and for everyone who partakes in the life of the church through Sunday School teaching, youth work, music. maintenance and many other activities. The PCC appoints representstives to serve on Churches for Tunbridge Wells and to serve a5 Govemors for the church school in the parish, St James, Primary School. Page 9
CHARITY INFORMATION STATEMENT OF TRUSTEE RESPONSIBILITIES Charity Law requires the PCC to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity for that period. In preparing these financial statements the PCC has: Selected suitable acwunting policies and applied them consistently Made judgements and estimates that are reasonable and prudent Staled whether applicable aGGounting standards have been followed subject to any material departures disclosed and explained in the financlal statements and Prepared the financial statements on the ongoing concem basis The PCC has overall responsibility for ensuring the charity has appropriate systems of control, financial and otherwise. Its members are also responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011.They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevenllon and detection of fraud and olher irregularities and to provide reasonable assurance that- The charity is operating effICntiY and effectively The assets are safeguarded against unauthorised use and disposition Proper records are mainlained and financlal Informallon used withln the charity or for publication is reliable The charity complies with relevant laws and regulations Approved by the PCC on 251h March 2026 and signed on its behalf by Judi Hammill. Vicar Page 10
Independent Examiner’s Report to the Trustees of
the Parochial Church Council of the Ecclesiastical Parish
of St James, Tunbridge Wells
I report to the trustees on my examination of the accounts of the above charity for the year ended 31[st] December 2025.
Responsibilities and basis of report
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England and Wales.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
the accounting records were not kept in accordance with section 130 of the Charities Act; or
the accounts did not accord with the accounting records; or
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed: Zachary Ramsden
Name: Zachary Ramsden FCA Chartered Accountant 63 Deakin Leas, Tonbridge, Kent TN9 2JT Date: 31st March 2026
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St Jamès. PCC, Tunbrldge Wells STATEMENT OF FINANCiIL ACTMTIES for th¢ wr ¢nd•d 31¥t 09mber 2025 2025 Regtrl¢ted Fund5 2024 R•stfi¢t Funds Urtrestrrcted Fund5 Total Funds Unr•StrIo Funds Tot•1 FndS INCOAIE FROM: Dat1$ Legacies IrK<)me from operdiing ad1vilS.. ¢0 further Coun¢ifs object - to generale funLts IroMe from inveslmenÉs OtherLYdin8ryincoming resources 2(8) 21bJ 164,997 14,164 179,162 160,IC 15.470 175.579 2(c? 2(d) 21e) 2{Q 95,501 51.385 146.886 127.650 70.739 198,389 13.914 8,258 13.914 8.258 15,764 1.108 15.771 1.108 TOTAL INCOMING RESOURCES 282.670 65A49 34B,219 304.631 86.216 390.847 EXPENDITURE ON: Grants 3(8) 16.143.35 19,679 35,&22 17.289 21.322 38.611 Aclwthes dftctlyrelating lo the work oflhe Cl>urch 3fb} 325.243 72,099 397.342 316.904 61,IY21 377.92S TOTAL RESOiRCES USED 341,386 91.778 433,164 334,193 2,343 416.536 NET INCOMING RESOURCES 158.7101 126.2291 184,9451 129,5621 73 125,689) Transfers beiween Funds 15.3711 5,371 8,250 18,2501 Gain on revaluati of itwe5knents 137.3fX)I 137,3001 4$0(K* 43,000 14ET MOVEMENT IN FUNDS 1101.3871 120.8S81 1122.2451 21.688 {4,3771 17,311 Balances trought forward 1st January 2025 2.361.277 41.585 2,4102.862 2.339.590 45.962 2.385.551 8ALANCES CARRIED FORWARD 31st DECEMBER 2025 2.259.890 20.727 2,280,617 2,361,277 41,sas 2,402,862 Th2 notes on 14 27 form partoflhègé unts Page12
Sl James. PCC. Tunbrfdge Wells Registered chorty no. 1136988 BALANCE SHEETasat31st DECEMBER 2025 Note 2025 FIXED ASSETS Tangiile Fixed Asseis Investments 1,014,440 944.700 1,959.140 996,112 982.000 1.978,112 CURRENT ASSETS Debtors SFDri Term 08posits Cash at Bank & in Hand 13,117 283,183 32.678 328,977 24,727 344,959 67,025 436,711 10 UABILITIES amounts tslling due Mthin 1 year 17,5001 111,9811 NET CURRENT ASSETS 321,477.e40 424,750 NET ASSETS .280.61 FUNDS Unresbicted - Gen81 - Oesignated 73 13 14 80.918 2,178,972 20.727 76.991 2,284,286 41.585 Restrrted 2.280.617 2.402.862 Apwoved bythe Truste of the Parochial Church Council Signed on its behalf ty Dale.. ?s1031 IE The notsson page5 14kTr27 fl Partofin08è Pag¢13
St J88. PCC. Tunbridge We116 NOTES TO THE ACCOUNTS for Ihv year endBd 31st December 2025 ACCOUNTING POLICIES The financi slatement5 have prepared in accordance wlh the Church A¢untIng Regulatbns 2006. tr)e UK Financld R4ng St8ndd 102 and thè charitW3 ststement of Re¢ommerfed Pra¢tice for a¢c£>unling perio(b beginning on or after 1 January 2015 ISORP 20151. Because of the size of the ¢harity. the accoun15 are not to teseni 8 now Statement. Thè finala1 staternen15 have been prep¥ed under the hIstlC cost convent apart Irorn the revaluathjn of prowtieS. Fund$ unrestrict fund5 rekY&enl the furrfls of the PCC thai ar& awailaue for appli¢alion on Eurry)se5 of the PCC. The General Furd is available for day to day aciiwts and to provide a $h1on in the event ol unexpected ents. Designated funds are those set asK1e by the PCC for a parbcular purw58 a1 ar& a150 unwtricted. The a¢rx)unts indude all tran5aCttin5, Sets liabilities for which the PCC is responsible by law. They do not indude the accounts of church groups that owe their main affiliation lo another body nor tfose Ihat are informal gatherings of thurch members. Restrict fund5 fn$ which are to be used in accordance vith specific restrictn5 irnp)sed by donors or which have been raised by tr PCG fty particubr purposes. Transfers LElween hjnds We made where the fund 15 no longer reqUId or to rnalch donation5 to specific lunds. Incoming Resourc85 Volunlaryincome8nd capltalsources.. Colleclb)ns are reeognised when received by or on b8halfof the PCC. Grfl aid recoverable is recognised when the PCC ha5 the apwopriate gift dratiOnS ar¥J when the relat8d inc0rn8 ha5 been received. Grants and legacEs to tre PCC are recognised when the PCC is nOtIf of its entitlèrnènt and thè amount is mor8 likety than rot tts be rec¥v&l and the value of the incorne is able to LE estimat reliatly. Funds ra by coffee rnornngs. mi5s1 F8irs or sirnilar 8vents ar8 r8Wrted gross. 0lhwordinlnC0rne.. Rental income trom the lettiTrJ of church premises recogni5ed when the rent is due. Inc>me from Prtsschool lee5 After Schxkl Club fees 15 recognised when sessions • t*o¥iW. Page14
St J•m$' PCC. Turtlxidgo W•ll$ NOTES TO THE ACCOUNTS for tha year ended 31st Decembar 2025 Icontinuadl ACCOUNTING POLKIE8 l¢ontinugdl Resour8 Used GranÈs.' Grants and (bnations are regTr when p8id over. or when arded, if that award creates a i¥ndiry obliqation on the PCC. Aclyvitses lo the sycrfk ofvFe church.. The dioces8n offef is recogni5ed when payable. Satsries The chty recogni5es a liabiltyfor redundarry payments Wh11 is demonstyably Committed to lerminaiing the 8mpioWnt of an M0y8 or group of 8mploy8è5 Fix¢d Asset¥ Consecraletl knd andbumdmy andmoveable cjjurch fl1n.' ConEec¥ated terf woperty is exclude(J from the accDunls ty $.10121 of the Charilies Acl 2011. The trealment of Olher property assets is deiaiK in Ire these accounts. No value rTh)¥eable church fwnishlngs held by the ¢hur¢hwardens on special Irusi for the PCC and whlch requite a facully for dlswsal slnc8 PCC (x)nsid¥s Ihis to be in81Enable woperty. AJ expenditure incurred during Ihe year on cOnrated or beneficed lIlIng$ and moveable church fvrnishings, whelh maifflence irnprov8m8nl, 15 wvtten off a5 expenditure in the Statement of Financla ActNiles ISOFAI and separaldy dLsdosgJ. ProvisK)n wll made Shouka any anNal impairmeni reviw ol fix&J assets irKlicat9 that a pwmanent ditn1nulJn in value ha5 ocojed. Oltsr landandbuMd198 The PCC has iaken Vane of w0visn5 fLY tranSitn to TeFNJrting under FRS 102 bytaklw th8 valualon of the [mpt a131 December 2013 as Ihelr (jee ¢OSl. No deweci?tKJn 15 provided on Ihe proPereS as maInnan eXndItUre maintains Ihelr current s18te. ProrRrties are 5ufy.ecl to an impaiThnent revi each year for f8Ctor5 Ihat have irnpa1r the value of the buildings. No such Iwnpairrnent is nece5ssry in Ihe current financial year. OIIEr Axtures. fjIIN7gs anLI Offi men1.. All eQuipEnt with 8 purchase Eite of less Ihan £1,CKIO is recognised 8s revenue expencjilure when Ihe ilem is purchased. Wl ilerns wilh a purchase wce Df tnore Ih £1.000 ha¥e LEen capiialised in lh& year of pw¢hase. All 18r01b fix ass81s ar8 d8wecialed evenly over tFEir estitnaled useful Iwe5 a5 follows.. ornpulers 3 years Equirjnenl 5 JEars Pagg15
St Jwnes. PCC. Twnbrldge Wells NOTES TO THE ACCOUNTS forthe yearended 31st Oec8rnbr 2025 Icontinudl AC¢OUNTING POLi¢ies IntinU¥d) Cun8nt Assèts.. Arnounts cAving trj the PCC at 31 December in tespectof fees. Tent5 or other income are shown as debtor5,185S WOVi5h)n ary amounts that may prove unco1lectae, 8S5e85ed case by case. Short-lerm dapDsits Ilde held on dep051t either wrth the Di0ts5an Board of FInce or at the bank. Stock is valugy at Ihe lower of cost and net realisable value. Ll8bllhl8s Liabilities are recffjrsed in the financial statem2nts when, al Ihe dyte of the 3cc(yJnts. th8re 15 an obligatK)n to a third party as a result Df a past eventwhere 1115 probaLle that a transfer of rmn8y or Oth economic benefit VAII be rUIred to setlle Ihe liability. %there the value of the Ikilty can be estirnaled f1ay. Liatmlilies are recwnised at the value of the payrnt that will be required to selM& the liability tt the amount recenfed a5 >Yvan¢e paymenlfor the services il is lo provide. Page 16
st Jomg4' PCC, Tunbrid9• Woll$ NOTES TO THE ACCOUNTS lortho y•ar 8nded 31st De¢8mbw2025 (¢ontinu¢dl INCOMING RE50VRCES 2025 2024 R•¥lrithd Funds Tclal To¢al FU• 2(01 Incomty ffjsourtsfromdono amed giykng. lo7) 111.6ts3 Coibctbnsarf onllne glvl SvntrydorbanS kn¢omgTa¥ 0verab- Grf¢A 10,745 33,652 30,792 175,579 20.133 29.224 164.8b7 7.553 2.847 14164 27.Q88 31.872 179,162 2(bl otherVLI)yrtQmkng rgwurc 2(¢1 Inrome trom op9[at9 tofurfharCounclAOLiètts urch Premls&s n9$ Fland knoe rentals Inots41 nIa 22.843 22,643 58,520 6.7r) 47,579 20.927 48.490 6.7QO 64.4B5 48.9 5.043 l.J25 8.7 phOI Ino 51 Aftarschaolavb ChthDnaa Fair Feeaknr$ervies SubsBriptilln$ OtherPèrlsh Incor OtherPèrfsh Evenig 47.579 3.34 3.349 1,568 1,481 1.461 S6 457 61.306 4,662 14&886 1.222 19B.389 95,501 dl OMB fmm operhw aciY¢k?s.' to gBnJratelunds ottBrfv ra19v0nts 1rtompl kn¥pstrnpnts si¥Kludkng ory r9BQ9thobtX ¢1 13.914 13,•14 IS.771 2(0 eryy fN)usin9 Grtnt JobRent*Jn Schemp EnBrgy Supp)rt GraTrt Ltsted PkEÈS oIWtsrshipgr8nt 8.258 1,258 8.25 50 34B,219 1.108 1,108 TOTAL INCOMING RESOURCES 282,670 65.549 390.847 Page17
St Jame$. PCC. Tunbridge Well NOTES TO THE ACCOUNTS for tho year endod 318t December 2025 Icontinuedl 2025 RE$OLIRCF$ USED 2024 TO Fund FundB 31al Grarts iseÈMkn 17 lormoTed0I1> Cthurch ¢>yer8eas' 9( e.2e1 3.900 |5sk)nary RelEland DevebLmEntAFnfie9 HOMB thrthUh Soetss 14.W7 8.05# 15.650 9.502 4.482 14ffj43 3281 19.679 7.7f 3 ya22 Total GrenttoStJ8mesPtharySchNI 1.5(X) 18,143 19,879 39M22 34612 ObGesan Offèi c@Y expon&è9 crgY G 91.460 3.752 91,460 3.752 83.228 2092 4.671 554 ChUh5d Chutrh HallRunnlng expBn50S wf¢hase8 chUb Hous• rnnnln9exp8nsES chUh aCt¢s.. Pr¢-SCh¢1?te Sl cthuh Actrolhys.. Afterscho¢ Othwrpatsh rvsis" ?1.946 .247 21.946 *,946 4a59 70.g2J Z2.430 43.340 4.989 61.014 46.609 70.933 1.246 Fkry SubFcrWbn5 536 2.341 1277 397 166 614 1.295 90 i.go8 86.453 3.249 3.249 g36 ChuKhorgs Trdinknq lay baderJ Chlblren ar YOL Laysiaff &xpgnses Patshevems sUry 8nd olscwbiaryghls and 1.102 1.102 300 3.808 42 1.107 84,478 YJ6 42 167 84.478 Swftsring Eyu¥mEnl tMrelrÈp8ir prReI81 m&nBgemeni& exFonses Inote 41 sUrry exse$ Pay13dMIntraIon Bank ¢har995 k>an inthst 6A53 1.598 4.36 2.231 1.5g8 140 140 4562 1.022 201 ?89 1.042 Ind, Examinawnand o1h9rtyvfe&wI108¥ J24243 397,342 37735 TOTAL RESOURCES USED 341,386 91,778 433,164 416.536 Page 18
St James. PCC, Tunbrldgo W•lls NOTES TO THE ACCOUNT8 for Iho yoar •ndod 31st OKombw 2025 1¢ontinu) CHURCH RENTAL ACCOUNTS 2025 2024 Rental Incornè frorn Church House flats and 3 An<trews Close 58.520 48,490 Matwgemeni fees paid linduding VATI Repairs and maintenanc8 6.453 16.4531 52.067 14.3651 44.125 Surplus for per Followlngthe promotion of our curateto become the vicar the PCC refurbished 3 Andrew'5 c105e where the curate had been living and let itto A5pen5 Charities from December 2023. A new curate ha$ been appointed and is expected to m(we into 3 Andrews Close in June 2026 Page19
St Jamos. PCC. Tunbrtdge W•lls NOTES TO THE ACCOUNTS for the year ended 31st Dec•mber 2025 l¢ontlnu8dl PRESCHOOL ACCOUNTS 2025 2024 Incom8 Fee Income ants- KCC Other In(oTr 13.720 18,143 33.669 190 45,588 754 33,859 47,579 46,342 64,485 Investmenl income Total Income Expenses S8laries Rent Sl James Training Equipment Refreshments Postage Ststionery eto Art & Crafl m8terials Regi%lraliDn fee5 Sundry 47,579 84,492 69,344 55,455 8,250 2.590 675 1,040 17r 712 287 173 491 57 216 ei 304 289 176.4331 28.854 169,264 4,77 surplu(¢l for the year The Pre-school rent is pad io Ihe P8rish for the use of Church House. This is treated as an lnter-frjI trsfer in Ihe StalerrEnt of FInarla1 Aclivi"es. Conseouenuy, the Pre-school e%rlre incILed in the St*ment of Financi4 Activities £70933 li.e. £76433, less £5.5001. The Pre Schwl club at the end of Augusl2025 Tota Salwy paY[[nts of £69.344 include redundancy payynents totaiing £28,321.53. These payments comprEed slabjlory redundatLCy payments. Page 20
St James. PCC. Tunbridge Wells NOTES TO THE AC¢OU14TS forth• y•w ond•d 31st Dwmber 2025 (contlnul STAFF COSTS Wages arf salarf8S Employers NIC ContribulK)r nel of emrjoyment allowarKe Employers pensK)n ¢ontriNJt¥)ns 151.365 813 1.644 153,822 175.966 1.629 1,916 179.511 Duriro the per the PCC Joyed two p¥t liffle church adfflinistrator5. a part tiffl2 oppral¥)n5 rnanager. a part lime Garetaker (to Feb 20251, a Youth Worker and a parl brrE deaner. An aVere of 8 staff ano an adrnini5tr8torwwe ernploy for the yes¢hO untl il dosed at the ené of August 2025. None of these staff memters eamed £60, per anNrn or rrnre. Organists 8re paid as sessional mu51C18ns and the wages are induded in the tota15 8LK)ve. Paoe 21
St Jam•s' PCC. Tunbrfd9• W•lls NOTES TO THE ACCOUNTS for1 yetr ènded 31st Doeoml)or 2025 lcontinuodl FIXED ASSETS FOR USE BY THE PCC Land and Bulldlngs As sel out in Note 1 to these accounts, the PCC is rnt ot4u8d under th8 ruIreMentS of the charit SORP to allocate any value lo co[ecrat buildings. The Parish has18gal tiV8 to a frathold propety known as Churth House. An independt valuation carried out by Sumw Pridham on S December 2W1 valued Ihis propty al £550.000. In addrtion £1.581 was ¢apilalised in 22. The Parish owns 100% of the legal int8rest in 3 Anérew5 aose. the curates uSe. An irthper>ntV8lu8tn carri out bysumnw PrhaM in December 2001 valued this property at £255.000. the provisions of FRS102 the PCC lo treat Ihe value of Ihe ptopertie5 at 31 Der X113 a5 thar deem8d cost_ In 2023 The PCC decid th one thir¢ of Church House should be treated as an Investm1 property rather than as a tangible fixed asset, a5 it is a mixed use propety containiw flats which 8re let lo leTharsls under a rentsl 8greernent. Tangibh Fixed As8•ts Land and Bulldlny$ Computer5 Equlpment Totsl COST At 1st Jawary 2025 dilH)ns Al 31st D8cemb8r 2025 996,112 1.389 66,838 22,910 89,74 1,064,337 22,909.75 1,087,247 996.112 1.389 DEPRECIATION Al 1st Jawary 2025 Charoe for the perk Al 31st December 2025 1,389 66,836 4.582 71,418 68.225 4,582 72,807 1,389 NET BOOK VALUE At 31st Deeember 2025 996.112 18.328 1.olw Al 31st DecLmber 2024 996.112 996,112 vèstments Lanil and BlIdIng9 COST R8stat8ment a5 at 1 January2022 Change in revaluation to 1 Jan 2025 Change in revaluation at l Jan 2025 Ai 31st Decernber 2025 294,106 687,894 137.3001 944,700 The Cuffent Sgle valuatDn of the Church House llats1£531,000 for flat 1 and £413,7 forflat 21 Ks from the ZoDF4a websbte Page 22
St Jamès. PCC, Tunbrldgt Wèl$ NOTE8 TO THE ACCOLINTS for1 year ended 31st December 2025 {contlnued 2025 Restwicted Fund5 2024 Total Unrestrlcted Funds Totsl DEBTORS Tax fe¢overies Prepayments Other Debtors 8.715 570 2,363 1.280 9,995 570 2,552 3.117 12.355 12,372 24,727 10. SHORT TERM DEPOS8 Hampshire Twst Bank One year bond Ur¢iled Tnjst Bank One Year BorKS cambge & Couniies 8ank Ow Year Fixed term Bond St James Church Detk)sitAecount CRFS T0701A Sl James Church RepaK Fund AcwJnt T0701ADEF Ctrop Irtsiani AsS Metro Bank IrsnI Ac¢es8 Detk)sit Aecount 41,820 68.628 46.492 78,360 22,010 5,776 83 41,820 68,628 65,750 78,360 22,010 5.776 839 J.000 62.543 94,916 31.245 35.422 19.258 832 344.959 263,924 19.258 283,183 11. CREDITORS Aru*S Sundry Creditors 15.2041 12,296 17,500} 15.2041 2,2961 17.5001 17,4821 14,4791 111.961) 12. ANALYSIS OF NET ASSETS BY FUNDS FkKed Assets Cash and short term deposits Current Assets Current tiabililies 1,939,881 315.861 11.648 7,5001 2,259.8YO 19.258 1,959.140 315,861 13,117 17,51K) .617 1,978,112 411,984 24,727 11,961 2,402,862 1.469 20.727 Page 23
St Jam•s' PCC, Tthibrldge W•lls NOTES TO THE ACCOUNT8 for the year ended 31st 0KembeY 2025 Iconilnuedl 13. UNRESTRICTED FUNDS hange In Unrealised Transfers gainsllosses 0110112025 Inccme Expenditure 3111W2025 General Fund G8nwal {Unr£Strtedl 76,991 76,991 280,528 280,526 1324,4841 324,484 47,885 47.885 80.918 80.918 Designated Accoynts Fixed Assets (DestyJnatl Mission General FuThfj IDe5ignat8dl Church Repair FU (Designated) Special Pro1ts Fund {DeSn3) M Donald Training Fund IDesignaWI Flower Fund IDtsignated} Afier School aub Fur IDignattd Associad Organtsations 1.978,111.86 15,380 56.245 121.000 3,S53 42 108,811 18.328 19.316 19,8981 137,3COI 1,959,139.66 18.985 47.010 121,Otx) 3,553 42 27,609 1.633 2,1T8,9n 115,7111 181.0021 1,481 2.144 2.284.286 16.9021 53.256 37,31K) Total Unre5trfcted Funds 2,311,277 282,670 1341,386) 15,371) 137,3001 1259.890 14. RESTRICTED FUNDS 0110112025 InGome EXPendSre Tran5fer¥ 3111212025 Mi10 S1C Fund IR&Iwtedl Tanzania Fund (Restricted) Vicar5 Discretionary Fund {Re5trict) Organ Repair Fund IRestyl¢i) Pre S¢fwl Fund IRestri¢ied Nicholson Bequest Fund IResiri¢18Jl 165 Campaign FU (Restricted) 2,949 10,182 6,595 6,397 9,473 18,1191 19,3601 12,5001 16991 170.9331 1.035 10.296 5.445 17,851 3,308 47.579 5,502 750 65,54928 167 191,778.041 583 20.727.21 41,585.20 5.370.TT 2.280,617.30 Pe 24
SI Je$. PCC. Tunbridge Wells NOTES TO THE ACCOUNTS fort year ended 315t Decenknr2025 Icontlnuodl 15. DESCRIPTION OF FUNDS The General Fund rermesents the funds available to the PCC for tre day D day running orthe chjrch end the parish. Discrelionary fund5 are unrestricted but have been set asle by the PCC for speofic purtK)5e5 The Fixe(J Asset Fund consists of 2 PToperties 0¥ffl by the PCC (Church House and 3Andrews Cl)sèl tcoeth6Y wth cornpuler5 8n(J Equiprnent within their depreCIatn perb)d. The Mission Genera Fund hJds the furKJS set aside for distribution to ¢JJr missic) links and other charib'es suppcrted tythe church The Church Repair Fund represents Ihe funds (some of which are held by the Di0Se> sel aside for fulure quinquennial repairs. The Special Proiecis fund represents funds set aside for fuwre projects, including the cost5 of our Youth worker. M. Donald Trainlng Fund repie5en(s a lÈgacy which the PCC set aside to assistance fortrainiro WSe$. The FEr Fur¥J Ys the arnouTrt givw to tFE flower CordInatOr to d8corat8 the church each SuThJay and for s0a1 OaSn$. The After Sthod Club funds holds retained surpluses from the After School Club which ¢loseo in 2024 Assockqted Org8nisaih)ns ¥howthè total movèmènts of thè hjnds hald by varitsjs LKdi&% bèlorKJifKJ to tf rish fellowship. The Restricted Funds represent funds given wilh ¥ecrfic restrictb)ns on thwr use imposed bythe donors and o8nnot be used by the PCC for any ¢tr ojrpose without the express rermtssion of doncKs. The Mi5sv)n Specific fund is used to accumulate the fU4¥1$1rQ adivities urKItaken by Ihe parish for misSn wrKx)ses and to distribute the funds raised to a raroe of mission organisawns as listed In note 17. The Tanzania CCMP fund ret*esents donarions received for Ihe CCMP Kondoa pri48ct supporte(J Ihrough the Rter DK)se parinership link.. The Vicats Discrel¥Jnary Fund is set aSe for assistance parishioners suffanng hardship at the atsolute confidanual d&uetvJn ofthe vKar. The Organ Repai Fund fund represents donatnS received for the cost of Organ rep8itS. The Pre sc01 Fund represents Funds Used by the Pre Scmol The Nicmson Bequest fund holds a bewest to St James from the late Dalj Cyrll NIcholsc wNch must be sreN Sn aCran thewistres of the NiCrlSon Family The 165 Cafflpaign Furmj hokJ5 fvnds rarsed for Ihe Projec1165 Building Fund Raising CampJgn Page 25
16. TRANSACTIONS 7AqTH PCC MEMBERS Durtng the year the folknmng nRrnbers of Ihe PCC were relmbursed expenses as folows.. Frankio Shortlond Judi Harnmlll Caz Mlll8 Totrl Car tdephonp expenses Mtscdlang)us Expenses £0 £1,503 £2.225 £25 £2,225 £2.925 £1.398 £1,503 £2250 £100 £5,150 The PCC has entered Into a Ix)ntra¢t with a company In which we rnemberor the PCC. Mr MKhad Phillips. hag an interest. Mr. Michael Phillip5 was involved in Lhe decison to Jward Ihis contract. with an amual value of £g)O excding VAT, lor the provision of payrdl 1nNnislrdiK)n services. No PCC members or th&r ck)sefamily rnbS receive retnuneraiK)n frotn the PCC". The total anUnt donalgj to the unresirKI& genera fund by of Ihe PCC and their close ralrA in 2025. exdLQirwJ any Gitt recoverable, wa5 £48,4791£50,550 in 2(r241. Pagé 28
3t Jamgs. PCG, Tunlwldg¢ W¢ll$ NOTES TO THE ACCOU14TS for y•ar ended 31st OKeml)er 2025 l¢ontinuedl 1T. GPAIITS PA M$th Spscrfr Fu An ona5019rdllts Papj geTr t•thY. oth•ruTrr•tyt•d Fwffl46 •IIMlgTr G•ngrJl Tanz1& ch1•15•1onJhLInkP8rtrnr Sèrwing In Islkll Intèrt¢rYe CMstrnasGvig •nd R•u•f$oce The bI 1,753 Lep$Y leAn H(y•Garde Sat7 260 249. 2.0 CCMP ptojèci Inl<onthA.Tan2ar Korth 9.060 1,8eo Roch'rDlocEs8 Pov8rty & HtypeApoeai TEAR Pur generdlfur 1,2ro 1.491.25 HDrnO htsk)rt aotherchur¢h SOCI• Spur9eons a% Fegansl Gr¥JTr PathralAvJ soe Hspe intheWe8ld Tnb W411$ Youth ForChst 1,7S2 St Phlip4churthCommunXyLEder Cw• brth•F8rnty otrwDlgcrstsngty9Its 180 76 75 2,5 84 14.388 255 2(} 8,119 gM$o Page 27