THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF DORCHESTER AND WEST STAFFORD
REGISTERED CHARITY NO 1138023
ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
The Team Ministry of
Dorchester and the Winterbournes
PAROCHIAL CHURCH COUNCIL OF DORCHESTER AND WEST STAFFORD
CONTENTS
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Page
Members' report 1 - 3
Independent examiner's report 4
Statement of financial activities 5
Balance sheet 6
Notes to the financial statements 7 - 14
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PAROCHIAL CHURCH COUNCIL OF DORCHESTER AND WEST STAFFORD
MEMBERS' REPORT FOR THE YEAR ENDED 31 DECEMBER 2025
ADMINISTRATIVE INFORMATION
The Ecclesiastical Parish of Dorchester and West Stafford is part of the Benefice of Dorchester and the Winterbournes in the Diocese of Salisbury within the Church of England. Its correspondence address is: The Parish Office, 20 Alexandra Road, Dorchester, DT1 2LZ.
The Parochial Church Council of the Ecclesiastical Parish of Dorchester and West Stafford (Dorchester and West Stafford PCC) is a body corporate under the PCC Powers Measure 1956 and Church Representation Rules 2006; and a registered charity, number 1138023.
The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the Church Accounting Regulations 2006, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019.
The PCC has considered the Charity Commission’s guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion.
The PCC members who have served from 1 January 2025 until the date this report was approved are:-
Ex Officio - Beneficed and Licensed Clergy
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|---|---|---|
|Team Rector|Revd Keith Magee|Chair|
|Team Vicars|Revd Cora Yarrien|
|Revd Jimmy Holden|
|Team Curate|Revd Heidi Merrett|
|Ex Officio - Churchwardens|
|Val Hellin|(Resigned 23 March 2025)|
|Janet Cooper|PCC Secretary|
|Jill Minchin|(Appointed 22 May 2025)|
|Ex Officio - Members of the Diocesan Synod|Canon John Wood|Dorset Clergy Retirement Officer|
|David Elliott|
|Jill Minchin|PCC Vice Chair|
|Ex Officio - Members of the Deanery Synod|
|Steve Burgess|(Appointed 22 May 2025)|
|Caroline McMeiken|
|Janet Ranger-Dennis|
|Cheryl Taylor|
|Jill Minchin|
|Elected members|Peter Vojak|PCC Treasurer|
|Tim Dennis|(Resigned 22 May 2025)|
|Jonathan Farmiloe|
|Cynthia Fry|(Resigned 22 May 2025)|
|Brian Helin|(Resigned 22 May 2025)|
|Robert Potter|(Resigned 22 May 2025)|
|Jane Pryce|
|John Heath|
|Lauretta Kerridge|
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PAROCHIAL CHURCH COUNCIL OF DORCHESTER AND WEST STAFFORD
MEMBERS' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025
The method of appointment of PCC members is set out in the Church Representation Rules. All congregations at the four churches are encouraged to register on the Electoral Roll, that totals 251 and to stand for election to the PCC.
EXAMINATION AND BANKING
Edwards and Keeping Limited, Chartered Accountants, 34 High East Street, Dorchester are the examiners and Lloyds Bank plc, 1 High West Street, Dorchester, are the PCC’s bankers.
OBJECTIVES AND ACTIVITIES
The PCC has the responsibility of co-operating with the clergy in promoting the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical.
There are four churches in the parish, each with its own church committee: St George's Church, Fordington Green, St Mary's Church, Edward Road, Holy Trinity, St Peter and All Saints (commonly known as St Peter's), High West Street, and St Andrew's, West Stafford.
The PCC maintains an overview of worship throughout the parish and makes suggestion on how our services can involve the many groups that live within the parish. Our services and worship put faith into practice through prayer and scripture, music and sacrament.
The PCC has considered the Charity Commission's guidance on public benefit and in particular, the specific guidance on charities for the advancement of religion.
The PCC has complied with its duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 by having due regard to the House of Bishop's guidance on safeguarding children and vulnerable adults within the parish. Safeguarding is an item on every PCC agenda, giving opportunities for the Safeguarding Group to report on a regular basis. We are also fully compliant by showing the relevant link on the front page of the website.
The PCC met four times during the year. At each meeting there were reports, and opportunities for questions, from each of the four churches with reports form other groups being received in rotation.
The Clergy Team continue to serve and lead the different churches under their care. Revd Keith Magee is Team Rector with responsibility for St Peter's. Rev'd Cora Yarrien has responsibility for St George's and St Andrew's. Revd Jimmy Holden is half-time Team Vicar at St Mary's as well as being a Chaplain at Dorset County Hospital. Revd Heidi Merrett, the Assistant Curate, will be leaving the team in February 2026 to be Rector of St John's and St mary's in Devizes. We are grateful for all the ways in which she has served us since she arrived in 2022.
It was announced that Connor Hansford will be joining us as Assistant Curate in June 2026. He will be based at St George's and Revd Cora Yarrien will be his training incumbent.
The Bishop of Sherborne, Rt Revd Karen Graham presided and preached at a Sung Eucharist at St Mary's to celebrate the Feast of Christ the King. It was also on occasion when we give thanks to David Bowen for his 60 years of lay ministry in our churches. People from across the team gathered to worship together and share lunch afterwards.
The retired clergy of our benefice continue to support and encourage the churches through their willingness to share in ministry and in the care of our worshipping communities. We are very grateful for their willingness to serve and express our heartfelt thanks to them.
Overall , the last year has been one of continuing to find our way and as we explore what the diocesan mission statement of "Making Jesus Known" means for each of our churches, so that we can continue to share the abundance of God's love and blessings within our church families and in the wider communities in which we find ourselves. Our prayer is that we would each know the leading of the Holy Spirit and be equipped to follow, looking to our Lord Jesus Christ as our example and inspiration.
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PAROCHIAL CHURCH COUNCIL OF DORCHESTER AND WEST STAFFORD
MEMBERS' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025
FINANCIAL REVIEW AND RESERVES
Overall income has not kept pace with the large amount of major works that have been undertaken in two of our churches. Though substantial grant funding has been obtained to offset part of these costs. Also investment income has fallen due to declining interest rates. This has been reflected in the drop in bank balances shown as unrestricted funds. However restricted and endowment funds are little changed on the previous year.
Restricted funds increased in value by £13,508, and all endowment funds decreased in value by over £15k from £392,037 at 31/12/2024 to £376,512 in 31/12/2025.
It is encouraging that all the churches have paid their diocesan share in full. There is good mutual co-operation between the treasurers who support one another and share good practice.
The PCC's policy is to invest a major part of its endowment funds in CBF Church of England Investment Fund Income Shares to achieve a level of growth that at least outpaces inflation over the long term, with a modest level of income. The remainder of the PCC'S funds are in CBF Church of England deposits and bank accounts.
THE PCC AND THE CHURCH COUNCILS
The Parochial Church Council of the Ecclesiastical Parish of Dorchester and West Stafford (Dorchester and West Stafford PCC) is a body corporate under the PCC Powers Measure 1956 and Church Representation Rules 2006 and a registered charity number 1138023.
In so far as the law allows, the authority for the day-to-day work, management and outreach is delegated to the Church Committees of each of the four Parish Churches. They are responsible for the exercise of that authority, in co-operation with the Team Rector and clergy team, in the maintenance of their buildings, care of the congregations, and development of worship and outreach. The PCC retains ultimate responsibility and its members are encouraged to undertake training through conferences and study days, the better to discharge their roles.
Approved by the PCC at its meeting on 3 May 2026
and signed on its behalf by:
Keith Magee, Team Rector
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PAROCHIAL CHURCH COUNCIL OF DORCHESTER AND WEST STAFFORD
INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF THE PCC
I report to the members on my examination of the accounts of the Parochial Church Council of the Ecclesiastical Parish of Dorchester and West Stafford for the year ended 31 December 2025.
Responsibilities and basis of report
As the PCC’s members and also 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 PCC'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
Since the PCC’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no other matters have come to my attention that giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the PCC as required by section 130 of the Act; or
-
the accounts do not accord with those records.
-
the accounts do 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.
26 May 2026
Edwards and Keeping Limited Chartered Accountants
Unity Chambers 34 High East Street Dorchester Dorset DT1 1HA
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PAROCHIAL CHURCH COUNCIL OF DORCHESTER AND WEST STAFFORD
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025
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Unrestricted Restricted Endowment Total funds Total funds
funds funds funds 2025 2024
Note £ £ £ £ £
Income
Donations and gifts 3(a) 261,997 - - 261,997 260,550
Church activities 3(b) 43,929 - - 43,929 42,963
Fundraising income 3(c) 15,590 - - 15,590 13,259
Investment income 3(d) 11,612 13,516 - 25,128 27,317
Other income 3(e) 7,030 - - 7,030 2,176
Total income 340,158 13,516 - 353,674 346,265
Expenditure
Church activities 4(a) 434,790 8 - 434,798 367,734
- -
Costs of raising funds 4(b) 4,717 4,717 5,810
Other expenditure 4(c) 2,880 - - 2,880 3,152
Total expenditure 442,387 8 - 442,395 376,696
Net (deficit)/ income before
gains and losses on
investments (102,229) 13,508 - (88,721) (30,431)
Gains on revaluation of
investment assets 5 - - (15,525) (15,525) 8,719
Net income (102,229) 13,508 (15,525) (104,246) (21,712)
Transfers between funds - - - -
Net movement in funds (102,229) 13,508 (15,525) (104,246) (21,712)
Funds brought forward 584,162 99,062 392,037 1,075,261 1,096,973
Funds carried forward 8 481,933 112,570 376,512 971,015 1,075,261
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PAROCHIAL CHURCH COUNCIL OF DORCHESTER AND WEST STAFFORD
BALANCE SHEET AS AT 31 DECEMBER 2025
| Note Fixed assets Investments 5 Current assets Debtors 6 CBF Deposit Fund Cash at bank and in hand Liabilities 7 Net current assets Net assets Funds Unrestricted income funds Restricted income funds Endowment funds Expendable Permanent Total funds 8 Creditors falling due within one year |
Unrestricted funds £ - 27,646 207,785 259,237 494,668 (12,735) 481,933 481,933 481,933 - - - 481,933 |
Restricted funds £ - - 110,316 2,254 112,570 - 112,570 112,570 - 112,570 - - 112,570 |
Endowment funds £ 373,912 - 2,600 - 2,600 - 2,600 376,512 - - 170,039 206,473 376,512 |
Total funds 2025 £ 373,912 27,646 320,701 261,491 609,838 (12,735) 597,103 971,015 481,933 112,570 170,039 206,473 971,015 |
Total funds 2024 £ 389,437 16,311 311,035 363,661 691,007 (5,183) 685,824 1,075,261 584,162 99,062 177,120 214,917 1,075,261 |
|---|---|---|---|---|---|
Approved by the PCC on 19 May 2026
and signed on its behalf by:
Keith Magee, Team Rector
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PAROCHIAL CHURCH COUNCIL OF DORCHESTER AND WEST STAFFORD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
1 Accounting policies
(a) Basis of preparation
The PCC constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with the Church Accounting Regulations 2006, the Charities Act 2011, Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Accounting Practice.
The financial statements have been prepared to give a true and fair view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
The financial statements have been prepared on a going concern basis under the historical cost convention modified to include investment assets at fair value. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £. The financial statements 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 Church members.
(b) Funds
Unrestricted funds are general funds which can be used for PCC ordinary purposes. Unrestricted funds may include designated funds representing amounts set aside by the PCC for particular purposes.
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 year end must be carried forward as a balance on that fund.
Permanent 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 on the purpose for which the endowment was established.
Expendable endowment funds are funds the capital and income of which may both be used.
(c) Income
All income is recognised once the charity has entitlement to the income, there is sufficient certainty of receipt and so it is probable that the income will be received, and the amount of income receivable can be measured reliably.
Planned giving, collections and donations are recognised when received and any income tax recoverable on gift aid donations is recognised when a claim is submitted to H M Revenue and Customs. Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement and the amount due. Dividends are accounted for when receivable, interest is accrued. All income is accounted for gross.
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PAROCHIAL CHURCH COUNCIL OF DORCHESTER AND WEST STAFFORD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025
(d) Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is accounted for on the accruals basis and gross of irrecoverable VAT.
Church activity costs form the majority of the PCC resources used including charitable giving, clergy and service expenses, running and maintaining church property, church admin and magazine costs. Fundraising activity costs are shown separately from income. Other expenditure represents amounts paid for the compilation and independent examination of the statutory accounts.
The diocesan parish share is accounted for when payable. Any ‘share’ unpaid at 31 December is provided for in these accounts as an operational (though not a legal) liability and is shown as a creditor in the balance sheet.
(e) Investments
Investments are valued at mid market value at 31 December and the unrealised gain or loss on revaluation is shown in the statement of financial activities. Realised gains or losses on the disposal of investments are recognised in the statement of financial activities when investments are sold.
2 Staff costs, transactions with PCC members and independent examination
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|---|---|---|
|2025|2024|
|£|£|
|Wages and salaries|29,860|28,609|
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During the year the Parish employed an administrator, St Andrew's an organist, St George's a verger and an organist, St Mary's an organist and a verger and St Peter's an organist. None of the above was paid at the rate of £60,000 pa or more.
Apart from payments of £5,887 (2024: £6,999) to members of the clergy in performance of their duties , no other payments or expenses were paid to any other PCC member, persons connected with them or related parties.
The independent examiner’s fees comprised an examination fee of £1,075 (2024: £1,075) and statutory accounts compilation work of £1,805 (2024: £2,077).
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PAROCHIAL CHURCH COUNCIL OF DORCHESTER AND WEST STAFFORD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025
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|---|---|---|---|---|---|
|3|Income|
|Unrestricted|Restricted|Endowment|Total funds|Total funds|
|funds|funds|funds|2025|2024|
|£|£|£|£|£|
|(a)|Donations and gifts|
|Planned giving:|
|-|-|
|Gift aid and non gift aid|150,084|150,084|131,377|
|-|-|
|Income tax recoverable on gift aid|21,587|21,587|37,616|
|-|-|
|Collections (open plate) at all services|17,117|17,117|18,871|
|-|-|
|Gift days|2,901|2,901|5,058|
|Sundry donations|21,845|-|-|21,845|29,661|
|Grants|43,943|-|-|43,943|30,686|
|-|-|
|Legacies|2,702|2,702|6,140|
|-|-|
|Contactless giving|1,818|1,818|1,141|
|261,997|-|-|261,997|260,550|
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In 2024 income from donations and gifts totalled £260,550, of which £260,550 was attributable to unrestricted funds and £Nil was attributable to restricted funds.
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|---|---|---|---|---|---|
|(b) Church activities|
|-|-|
|Magazines|1,451|1,451|1,704|
|-|-|
|Church hall letting|29,815|29,815|30,160|
|Fees|10,837|-|-|10,837|10,968|
|Office services|1,826|-|-|1,826|131|
|43,929|-|-|43,929|42,963|
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In 2024 income from church activities totalled £42,963 of which £42,963 was attributable to unrestricted funds and £Nil was attributable to restricted funds.
(c) Fundraising income
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|---|---|---|---|---|---|
|Fetes, bazaars and other|
|fundraising activities|15,590|-|-|15,590|13,259|
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In 2024 income from fundraising totalled £13,259, all of which was attributable to unrestricted funds.
(d) Investment income
UK dividends and interest receivable 11,612 13,516 - 25,128 27,317
In 2024 investment income totalled £27,317 of which £13,956 was attributable to unrestricted funds and £13,361 was attributable to restricted funds.
(e) Other income
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|---|---|---|---|---|---|
|VAT refund/insurance claims etc|7,030|-|-|7,030|2,176|
|In 2024 other income totalled £2,176 and was attributable to unrestricted funds.|
|Total income|340,158|13,516|-|353,674|346,265|
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PAROCHIAL CHURCH COUNCIL OF DORCHESTER AND WEST STAFFORD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025
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|---|---|---|---|---|---|
|4|Expenditure|
|Unrestricted|Restricted|Endowment|Total funds|Total funds|
|funds|funds|funds|2025|2024|
|£|£|£|£|£|
|(a)|Church activities|
|-|-|
|Missionary and charitable giving|4,940|4,940|4,360|
|'Share'|181,995|-|-|181,995|182,273|
|-|-|
|Clergy expenses|5,887|5,887|6,999|
|Insurance|24,158|-|-|24,158|23,888|
|-|-|
|Church running expenses|19,472|19,472|20,149|
|Church maintenance|16,283|-|-|16,283|12,092|
|Youth and education|1,832|-|-|1,832|1,969|
|-|-|
|Upkeep of services|12,282|12,282|8,982|
|Upkeep of churchyard|940|-|-|940|720|
|-|-|
|Major repairs and improvements|109,298|109,298|47,364|
|-|-|
|Church hall running costs|2,244|2,244|2,065|
|Salaries and honoraria|29,860|-|-|29,860|28,609|
|-|-|
|Parish magazine|6,320|6,320|6,260|
|Church administration|18,829|-|-|18,829|21,844|
|Other|450|8|-|458|160|
|434,790|8|-|434,798|367,734|
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In 2024 expenditure on church activities totalled £367,734 of which £367,734 was attributable to unrestricted funds and £Nil was attributable to restricted funds.
(b) Costs of raising funds
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|---|---|---|---|
|Fetes, bazaars and other|
|-|-|
|fundraising activities|4,717|4,717|5,810|
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In 2024 expenditure on fundraising totalled £5,810 all of which was attributable to unrestricted funds.
(c) Other expenditure
-
- Independent examiner's fees 2,880 2,880 3,152
In 2024 other expenditure totalled £3,152, all of which was attributable to unrestricted funds.
Total expenditure 442,387 8 - 442,395 376,696
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PAROCHIAL CHURCH COUNCIL OF DORCHESTER AND WEST STAFFORD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025
5 Investments
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|---|---|---|---|---|
|2025|2024|
|£|£|
|At 1 January 2025|389,437|380,718|
|Additions|-|-|
|Disposal proceeds|-|-|
|Unrealised (loss)/gain on revaluation|(15,525)|8,719|
|Realised loss on investments|-|-|
|At 31 December 2025|373,912|389,437|
|Represented by:|No|£|£|
|CBF Investment Fund income units|St George's - Timothy Bequest|6,396.00|141,980|147,893|
|St George's - Puzey Bequest|7,660.00|170,039|177,120|
|St George's - Jack Bradshaw|417.30|9,263|9,649|
|St Mary's - Megisson Bequest|704.53|15,639|16,291|
|St Mary's - Wynne Bequest|961.39|21,341|22,230|
|St Mary's - Quibbell Bequest|318.00|7,865|8,193|
|St Mary's -Trustee Account|317.53|7,049|7,342|
|CBF Fixed Interest Securities Fund|St George's - Timothy Bequest|482.00|736|719|
|373,912|389,437|
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6 Debtors
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|---|---|---|
|2025|2024|
|£|£|
|Other debtors|27,646|16,311|
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7 Creditors
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|---|---|---|
|2025|2024|
|£|£|
|Accruals|10,396|2,844|
|Other creditors|2,339|2,339|
|12,735|5,183|
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PAROCHIAL CHURCH COUNCIL OF DORCHESTER AND WEST STAFFORD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025
| 8 Funds Unrestricted funds St Andrew's general fund St George's general fund St Mary's general fund St Peter's general fund St Peter's music fund PCC general fund Total unrestricted funds Restricted funds St George's bellringers fund St George's Timothy bequest Total restricted funds Endowment funds Expendable St George's Puzey legacy fund St George's Jack Bradshaw fund St George's Timothy bequest St Mary's Quibell, Megisson and St Mary's Trustee Account St Peter's Holy Trinity Institute fund Total endowment funds Total funds St Peter's Development account St George's Puzey legacy fund Permanent (where the capital cannot be spent) (income) fund Wynne bequest funds (capital) fund |
At 1 January 2025 £ 15,227 133,123 166,260 99,697 127 158,625 11,103 584,162 2,262 63,505 - 33,295 99,062 177,120 9,649 148,612 46,714 7,342 2,600 214,917 392,037 1,075,261 |
Income £ 14,159 64,759 100,301 134,454 461 15,000 11,024 340,158 7,839 5,677 13,516 - - - - - - - - 353,674 |
Expenditure Fund transfers/ investment gains £ £ (18,285) (1,678) (63,497) (13,605) (148,048) (13,788) (123,609) (15,788) (1,832) 2,000 (40,808) (46,308) 42,859 (442,387) - (8) - - (8) - - (7,081) - (386) - (5,896) - (1,869) - (293) - - - (8,444) - (15,525) (442,395) (15,525) |
At 31 December 2025 £ 9,423 120,780 104,725 94,754 756 132,817 18,678 481,933 2,254 71,344 - 38,972 112,570 170,039 9,263 142,716 44,845 7,049 2,600 206,473 376,512 971,015 |
|---|---|---|---|---|
Sufficient resources are held to enable each fund to be applied in accordance with any restrictions.
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PAROCHIAL CHURCH COUNCIL OF DORCHESTER AND WEST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025
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9 Funds
At 1 Income Expenditure Fund transfers/ At 31
January investment December
2024 gains 2024
£ £ £ £ £
Unrestricted funds
St Andrew's general fund 21,736 21,573 (26,252) (1,830) 15,227
St George's general fund 151,999 53,132 (60,418) (11,590) 133,123
St Mary's general fund 171,147 111,931 (105,228) (11,590) 166,260
St Peter's general fund 99,338 136,679 (133,242) (3,078) 99,697
St Peter's music fund 2,096 - - (1,969) 127
St Peter's Development account 165,168 - - (6,543) 158,625
PCC general fund 16,470 9,589 (51,556) 36,600 11,103
Total unrestricted funds 627,954 332,904 (376,696) - 584,162
Restricted funds
St George's bellringers fund 2,262 - - - 2,262
St George's Puzey legacy fund 55,692 7,813 - - 63,505
St George's Timothy bequest
(income) fund 27,747 5,548 - - 33,295
Total restricted funds 85,701 13,361 - - 99,062
Endowment funds
Expendable
St George's Puzey legacy fund 173,157 - - 3,963 177,120
Permanent (where the
capital cannot be spent)
St George's Jack Bradshaw fund 9,433 - - 216 9,649
St George's Timothy bequest
(capital) fund 145,282 - - 3,330 148,612
St Mary's Quibell, Megisson and
Wynne bequest funds 45,668 - - 1,046 46,714
St Mary's Trustee Account 7,178 - - 164 7,342
St Peter's Holy Trinity Institute fund 2,600 - - - 2,600
210,161 - - 4,756 214,917
Total endowment funds 383,318 - - 8,719 392,037
Total funds 1,096,973 346,265 (376,696) 8,719 1,075,261
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PAROCHIAL CHURCH COUNCIL OF DORCHESTER AND WEST STAFFORD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024
Unrestricted funds
The St Peter's designated choral scholars fund respresents sums earmarked by the council for choral scholars and St Peter's development fund represents funds earmarked for the development of the church.
All other unrestricted funds, whilst allocated to the parish or individual churches, can be used for ordinary PCC purposes.
Restricted funds
Restricted funds represent amounts received via trust, bequest, donation or grant for specific purposes as provided in the terms of the trust, bequest or funding appeal. Such funds can only be expended on the specific object for which they were given. Where insufficient funds are held to complete a specific purpose, the PCC may approve a transfer from general funds to fund the deficit, which is repaid once funds become available.
Endowment funds
Expendable
The St George's Puzey Legacy Fund is an expendable endowment fund. Both income and capital is available for the general purposes of St George’s. The fund is administered at the discretion of the vicar and churchwardens of St George's.
Permanent
The St George's Jack Bradshaw and Timothy Bequest Capital Fund, St Mary's Quibell, Megisson and Wynne Bequest Funds, St Mary Trustee's Account and St Peter's Holy Trinity Institute Fund are permanent endowment funds where the capital is held permanently and cannot be spent.
Income arising on the Jack Bradshaw fund is unrestricted and is paid into St George’s general fund. Income arising on the Timothy Bequest is restricted for expenditure on the fabric of St George's. Income arising from the Quibell, Megisson and Wynne Bequest Funds is administered at the discretion of the churchwardens of St Mary's. Income arising on the St Peter's Holy Trinity Institute Fund is unrestricted and is paid into St Peter’s general fund. Income arising from the St Mary Trustee Account is unrestricted and is paid into St Mary's general fund.
Kenneth O'Brien Legacy Trust
The late Kenneth O'Brien left the residue of his estate to be held in trust for the religious and charitable work of St George's Fordington. The Trust is registered as a charity (no 1149746). The PCC holds 14,424.32 CBF Church of England Investment Fund income shares as custodian trustee for the Trust, valued at £320,195 at 31 December 2025. This investment is held separately and is not included in the PCC accounts.
10 Related party transactions
There are no related party transactions to disclose (2024:£Nil).
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