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← The Parochial Church Council Of The Ecclesiastical Parish Of Holy Trinity Hurdsfield

2025-12-31-accounts

Charity Number: 1140055

The Parochial Church Council of the Ecclesiastical Parish of Holy Trinity Hurdsfield

Report and financial statements for the year ended 31 December 2025

Holy Trinity Hurdsfield

Reference and administrative information

for the year ended 31 December 2025

Registered office and operational address:

Holy Trinity Church Hurdsfield 197a Hurdsfield Road Macclesfield Cheshire SK10 2PX Charity number: 1140055 Holy Trinity Church Hurdsfield (HTH) is part of the Diocese of Chester within the Church of England.

Patron: Simeon’s Trustees PCC members: Members of the Parochial Church Council (PCC) who served during the year were: Clergy members: Reverend James Gibson Vicar and Chair Reverend Elle Bird Curate Lay members: Richard Heathcote Churchwarden Sue Warham Churchwarden Hellen Watson Deanery Synod Representative John Burt (to 27 April 2025) Chris Cottom PCC Secretary Steve Drake (from 27 April 2025) Jenny Heathcote Tony Ho Ogbeialu Nkochi-Nwankwo (to 27 April 2025) Rachel Riley Derek Rodwell PCC Treasurer Jen Vincent Rosie Walter (from 19 May 2025) Bankers: Virgin Money 34 Princes Street Stockport SK1 1RE Independent Christy Lau FCCA CTA DChA, Slade & Cooper Limited Examiner: Beehive Mill, Jersey St, Ancoats, Manchester, M4 6JG

1

Holy Trinity Hurdsfield

PCC members’ annual report

for the year ended 31 December 2025

The PCC presents its report and the unaudited financial statements for the year ended 31 December 2025.

Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements of the Church of England’s Representation Rules 2017 and the Statement of Recommended Practice – Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102.

Aim and purposes

The PCC is responsible for co-operating with the vicar in promoting throughout the ecclesiastical parish the whole mission of the church – pastoral, evangelistic, social and ecumenical. It also has maintenance responsibility for the church buildings at 197a Hurdsfield Road, Macclesfield.

Our vision (what we are about):

Our values (who we aspire to be):

Objectives and activities

This year we have:

Achievements and performance

The PCC ensures each year that its activities align with its charitable aims and objectives, and benefit the groups of people it is set up to help. This section presents some of those activities within the year. The PCC refers to the Charity Commission's general guidance on public benefit when reviewing its aims and objectives and considering how its planned activities will contribute to these.

The church electoral roll currently has 121 members, but the church’s activities have a much wider remit, all undertaken to further HTH’s charitable purposes for the public benefit, and including:

Church services

We held services each week at 8:30 and 10:30 am, also streaming the latter live on YouTube. Our 10:30 service included the following groups for kids and youth:

2

Holy Trinity Hurdsfield

PCC members’ annual report

for the year ended 31 December 2025

Parochial Church Council meetings

The PCC met six times in 2025, starting each meeting with prayer and reflection, followed by consideration and approval of the minutes of the previous meeting, and a review of matters arising from them. Each meeting considered the financial reports produced by the treasurer.

Other church activities

Each of our activities contributed to achieving our aims and objectives of increasing discipleship. By this, we mean both growth in individual discipleship and in the number of disciples. In addition to the church services already mentioned, our activities in 2025 included the following.

Prayer

Discipleship

3

Holy Trinity Hurdsfield

PCC members’ annual report

for the year ended 31 December 2025

Mission

Kids

4

Holy Trinity Hurdsfield

PCC members’ annual report

for the year ended 31 December 2025

Youth

Eating together

Other social events

Other services

5

Holy Trinity Hurdsfield

PCC members’ annual report

for the year ended 31 December 2025

Compliance with the duty under Section 5 of the Safeguarding and Clergy Discipline Measure 2016

In all the activities for which the PCC has been responsible in 2025 it has complied with the requirements of the Safeguarding and Clergy Discipline Measure 2016.

Financial review

The PCC's finances are detailed in the financial statements for 2025.

There was a surplus for the year of £20,438 on unrestricted funds. This was before a transfer to the Community Programme of £3,000 which was the agreed amount of PCC funding for the year. Restricted funds reduced by £24,238, which was mostly Community Programme expenditure of grants and donations received in previous years. Total income came to £314,404, compared to £293,369 in 2024.

The PCC's total net assets on 31 December 2025 were £554,061 (2024 was £557,861). The year ended with a balance of £214,231 of restricted funds, nearly all of which (£194,419) were represented by the Hurdsfield Community Hub, which was funded principally by restricted giving.

The PCC keeps its finances under close supervision and has considerable free reserves available to deal with unforeseen emergencies. The finances are reviewed at each bimonthly PCC meeting and budgets and forecasts are prepared for the current and following year when due.

Reserves policy

The PCC’s reserves policy is to hold free reserves (i.e. net current unrestricted assets) of three months of unrestricted expenditure. Based on 2025 levels of expenditure this would mean a target of about £63,000. Free reserves at the end of 2025 totalled £224,978 including designated funds (see note 18 for details). General funds, not designated to any projects, totalled £205,188, which is just over eight months of anticipated unrestricted expenditure. The budgeted shortfall in 2026 has been agreed by the PCC at £67,099 so it is anticipated that some of these reserves will be utilised during the year.

Remuneration policy for key management personnel

By the end of 2025 the PCC employed six people: a youth minister, a full-time community minister, a part-time assistant community minister, a full-time kids’ and families minister, a full-time church administrator, and a part-time church cleaner. The PCC establishes their employment conditions and reviews their salaries annually.

Plans

With attendance at our 10:30 am Sunday services continuing to grow, we’re excited to recognise that God is clearly doing something in and through HTH. We now expect to see new people every week, and believe God is trusting us to lead people into a relationship with Jesus and to help everyone deepen their faith. We want to honour what He is doing and need to ensure there is always space at all of our services to welcome everybody (existing and new) so they can come to know, and deepen their faith in, Jesus. Accordingly, the PCC is prayerfully considering how it can achieve this, including through an awayday in May.

6

Holy Trinity Hurdsfield

PCC members’ annual report

for the year ended 31 December 2025

Risk management

The PCC has established a risk management process based on the recommendations of the Charity Commission, which the PCC uses to review managerial priorities and processes.

Structure, governance and management

The PCC is a body corporate (PCC Powers Measure 1956, Church Representation Rules 2022) and was registered as a charity in England and Wales on 26 January 2011. The members of the charity are its trustees, who are the members of the PCC, but this membership entitles them to voting rights only. The trustees have no beneficial interest in the charity, give their time voluntarily and receive no financial benefit from the charity. Members of the PCC are elected from the Electoral Roll, in line with the Church Representation Rules. The PCC encourages all regular church attendees to register on the Electoral Roll.

The PCC has four sub-Groups:

Each Sub-Group brings to the PCC matters requiring attention and decision, and presents an annual report of its progress and plans.

7

Holy Trinity Hurdsfield

PCC members’ annual report

for the year ended 31 December 2025

Statement of responsibilities of the trustees

Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the charity's financial activities during the period and of its financial position at the end of the period. In preparing financial statements giving a true and fair view, the members of the PCC follow best practice in selecting suitable accounting policies and applying them consistently. These include:

The members of the PCC are responsible for keeping proper accounting records that 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 prevention and detection of fraud and other irregularities.

The members of the PCC are responsible for the maintenance and integrity of the corporate and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

This annual report has been approved by the PCC on 16 March 2026 and signed on its behalf by:

Derek Rodwell Treasurer

James Gibson

Vicar

8

Independent examiner’s report

to the PCC members of

Holy Trinity Hurdsfield

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2025 which are set out on pages 10 to 24.

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 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 charity’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 Association of Chartered Certified Accountants, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. 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.

Christy Lau FCCA CTA DChA

Slade & Cooper Limited, Chartered Certified Accountants Beehive Mill, Jersey St, Ancoats, Manchester, M4 6JG

Date: 23[rd] March 2026

9

Holy Trinity Hurdsfield

Statement of Financial Activities

for the year ended 31 December 2025

Unrestricted
funds
Note
£
Income from:
Voluntary income
3
247,650
4
19,518
Investment income
5
6,725
Total income
273,893
Expenditure on:
Church activities
6
253,455
Total expenditure
253,455
20,438
Transfer between funds
(3,000)
Net movement in funds for the year
17,438
Reconciliation of funds
Total funds brought forward
322,392
Total funds carried forward
339,830
Church activities
Net income/(expenditure) for the
year		 Restricted
funds
£
28,795
11,716
-
40,511
64,749
64,749
(24,238)
3,000
(21,238)
235,469
214,231		 Total funds
2025
£
276,445
31,234
6,725
314,404
318,204
318,204
(3,800)
-
(3,800)
557,861
554,061		 Total funds
2024
£
244,465
42,283
6,621
293,369
280,513
280,513
12,856
-
12,856
545,005
557,861

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

A full comparative SOFA is available on the last page of the financial statements.

10

Holy Trinity Hurdsfield

Balance Sheet

as at 31 December 2025

Note 2025 2024
£ £ £ £
Fixed assets
Tangible assets 12 309,271 327,704
Total fixed assets 309,271 327,704
Current assets
Debtors and prepayments 13 23,663 21,377
Cash at bank and in hand 14 230,158 216,041
Total current assets 253,821 237,418
Liabilities
Creditors: amounts falling
due in less than one year 15 (9,031) (7,261)
Net current assets 244,790 230,157
Net assets 554,061 557,861
Funds of the PCC:
Restricted income funds 16 214,231 235,469
Unrestricted income funds 17 339,830 322,392
Total PCC funds 554,061 557,861

The notes on pages 12 to 24 form part of these accounts.

Approved by the PCC on 16 March 2026 and signed on its behalf by:

Derek Rodwell

James Gibson

Treasurer

Vicar

11

Holy Trinity Hurdsfield

Notes to the accounts for the year ended 31 December 2025

1 Accounting policies

The principal accounting policies adopted, judgments and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

a Basis of preparation

The financial statements have been prepared in accordance with 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 (FRS 102), second edition - October 2019 (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Charities Act 2011 and the Church Accounting Regulations 2006 governing the individual accounts of PCCs.

The accounts (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 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 (FRS 102) issued on 16 July 2014 (as updated through Update Bulletin 1 published on 2 February 2016) rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

The PCC has applied the exemption available to small charities in the Charities SORP (FRS 102) and does not include a Statement of Cash Flows in these Financial Statements.

The PCC meets the definition of a public benefit entity under FRS102.

The financial statements have been prepared under the historical cost convention except for the valuation of investments assets, which are shown at fair value.

b Preparation of the accounts on a going concern basis

The PCC considers that there are no material uncertainties about its ability to continue as a going concern.

There were no financial estimates in place at the accounting date that would cause the PCC to consider its finances to be anything but adequate for the foreseeable future.

c Incoming resources

Funds raised from events and trading activities are reported gross in the SOFA - i.e. before any related costs that may have been deducted from the gross proceeds.

Collections and planned giving are recognised when received by or on behalf of the PCC.

Gift Aid is included in the SOFA at the same time as the donations to which they relate.

The value of any voluntary help received is not included in the accounts.

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the PCC; this is normally upon notification of the interest paid or payable by the bank.

12

Holy Trinity Hurdsfield

Notes to the accounts for the year ended 31 December 2025 (continued)

d Expenditure and liabilities

Liabilities are recognised as soon as there is a legal or constructive obligation and settlement is probable and quantifiable.

The Diocesan contribution is accounted for when payable.

e Funds

Unrestricted funds represent the remaining income funds of the PCC that are available for spending on the general purposes of the PCC.

Designated funds are unrestricted funds of the PCC which the PCC has decided at its discretion to set aside to use for a specific purpose.

Restricted funds are donations which the donor has specified are to be solely used for particular areas of the PCC’s work or for specific projects being undertaken by the PCC.

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.

f Tangible fixed assets

No value is placed on movable church furnishings held by the churchwardens on special trust for the PCC and which require a faculty for disposal since the PCC considers this to be inalienable property. Expenditure incurred during the year on consecrated or benefice buildings and movable church furnishings, whether maintenance or improvement, is written off as expenditure in the accounts.

The PCC's policy is to capitalise fixed assets at cost with purchase costs above £2,000 and to depreciate them over their estimated useful economic lives on a straight line basis. It currently has only one such asset, the Hurdsfield Community Hub, which it is depreciating over 20 years.

g Debtors and prepayments

Prepayments are valued at the amount prepaid net of any trade discounts due.

Amounts recoverable from HMRC as regards Gift-aided donations received are shown as a debtor at the year end.

h Cash at bank and in hand

Cash at bank and in hand includes cash held at the bank and at the building society.

i Financial instruments

The PCC only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

13

Holy Trinity Hurdsfield

Notes to the accounts for the year ended 31 December 2025 (continued)

j Pensions

Employees of the PCC are entitled to join a defined contribution ‘money purchase’ scheme. The PCC’s contribution is restricted to the contributions disclosed in note 9. There were outstanding contributions totalling £526 at the year end (2024: £394).

2 Legal status of the PCC

The PCC is a body corporate (PCC Powers Measure 1956, Church Representation Rules 2022) and was registered as a charity in England and Wales on 26 January 2011.

3 Voluntary Income

Planned Giving:
Regular Gift-aided giving
Other Gift-aided giving
Other tax-efficient giving
Non Gift-aided giving
Collections at services:
Loose plate collections
All other giving:
Other
Total
Planned Giving:
Regular Gift-aided giving
Other Gift-aided giving
Other tax-efficient giving
Non Gift-aided giving
Collections at services:
Loose plate collections
All other giving:
Projects
Other
Legacies
Total
Current reporting
period
Tax recoverable on Gift-aided
giving
Tax recoverable on Gift-aided
giving
Previous reporting
period		 Unrestricted
£
154,153
270
41,252
27,606
16,856
7,513
-
247,650
Unrestricted
£
135,028
884
34,975
27,023
18,434
6,621
-
-
8,623
231,588		 Restricted
£
-
19,645
4,817
2,865
915
-
553
28,795
Restricted
£
-
-
-
-
-
-
9,284
3,593
-
12,877		 Total 2025
£
154,153
19,915
46,069
30,471
17,771
7,513
553
276,445
Total 2024
£
135,028
884
34,975
27,023
18,434
6,621
9,284
3,593
8,623
244,465

14

Holy Trinity Hurdsfield

Notes to the accounts for the year ended 31 December 2025 (continued)

4 Income from church activities

Wedding and funeral fees
Grants
Chester Diocesan Board of Finance
The Swallow Trust
Cheshire Community Foundation
Other
Wedding and funeral fees
Grants
Garfield Weston Foundation
Cheshire East Council
Benefact Trust
Other
5
Investment income
Income from bank deposits
Current reporting
period
Previous reporting
period		 Unrestricted
£
6,130
-
-
-
13,388
19,518
Unrestricted
£
6,885
-
-
-
11,635
18,520		 Restricted
£
-
3,000
5,000
2,500
1,216
11,716
Restricted
£
-
10,000
6,327
6,133
1,303
23,763
2025
£
6,725
6,725		 Total 2025
£
6,130
3,000
5,000
2,500
14,604
31,234
Total 2024
£
6,885
10,000
6,327
6,133
12,938
42,283
2024
£
6,621
6,621

All investment income is unrestricted.

15

Holy Trinity Hurdsfield

Notes to the accounts for the year ended 31 December 2025 (continued)

6 Analysis of expenditure on church activities

Mission and charity giving
Diocesan contribution
Wedding and funeral fees
Overhead costs
Buildings and grounds maintenance
Worship
Kids, youth and families
Local mission and evangelism
Our people
Project expenditure
Depreciation
Mission and charity giving
Diocesan contribution
Wedding and funeral fees
Overhead costs
Buildings and grounds maintenance
Worship
Kids, youth and families
Local mission and evangelism
Our people
Project expenditure
Depreciation
Restricted expenditure
Unrestricted expenditure
Current reporting
period
Church office
Church office
Previous reporting
period		 Unrestricted
£
25,662
66,518
3,685
12,263
8,496
13,511
9,334
7,198
1,100
98,855
-
6,833
253,455
Unrestricted
£
29,500
60,993
4,941
13,792
4,696
29,380
4,767
3,859
1,894
73,293
7,950
6,851
241,916		 Restricted
£
1,518
-
-
-
-
3,000
-
-
250
-
48,381
11,600
64,749
Restricted
£
4,045
-
-
-
-
-
203
-
333
315
22,069
11,632
38,597
2025
£
64,749
253,455
318,204		 Total 2025
£
27,180
66,518
3,685
12,263
8,496
16,511
9,334
7,198
1,350
98,855
48,381
18,433
318,204
Total 2024
£
33,545
60,993
4,941
13,792
4,696
29,380
4,970
3,859
2,227
73,608
30,019
18,483
280,513
2024
£
26,965
253,548
280,513

16

Holy Trinity Hurdsfield

Notes to the accounts for the year ended 31 December 2025 (continued)

7 Net income/(expenditure) for the year

This is stated after charging/(crediting):
Operating lease rentals:
Other
Accountancy fees
Independent examination
8
Mission and charity giving
Bron and Colin Cleaver
Johnny and Ann McClean
Tearfund
Cre8 Macclesfield
The Message Trust
Open Doors
Just Drop-In
Hope in NE Cheshire
New Wine
Good News for Everyone
Evangelical Alliance
Simeon's Trustees
A Rocha
Silk Life Church
St Chad's Mission Fund
Other mission giving
Independent examiner's fees (net):		 2025
£
1
1,080
300
2025
£
7,249
2,350
4,390
4,250
1,200
1,400
800
600
500
250
200
200
200
-
-
3,591
27,180		 2024
£
1
1,020
280
2024
£
7,000
2,500
5,262
4,250
1,700
1,300
500
1,100
500
200
200
200
200
25
5,000
3,608
33,545

17

Holy Trinity Hurdsfield

Notes to the accounts for the year ended 31 December 2025 (continued)

9 Staff costs

Staff costs* during the year were as follows:

Wages and salaries
Social security costs
Pension costs
Training
Staff expenses and other		 2025
£
109,537
1,213
2,892
4,313
20,042
137,997		 2024
£
73,091
-
2,158
525
9,831
85,605

The average number of staff employed during the year was 5.7 (2024: 4.6). The average full-time equivalent number of staff employed during the year was 4.1 (2024: 2.8).

No employee had employee benefits in excess of £60,000 (2024: nil).

The key management personnel of the church comprises the vicar and the PCC's other members. There were no employee benefits paid to the key management personnel of the church in 2025 (2024: nil).

10 PCC members' remuneration and expenses, and related party transactions

Neither the PCC members nor any persons connected with them received any remuneration or reimbursed expenses during the year.

Jennie Frost was on the staff for the first two months of 2024 and was married to HTH’s curate, Rev Jonny Frost, who was a member of the PCC. They left HTH in June 2024. Jennie’s earnings (gross) came to £1,587 in 2024.

There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.

No PCC member or other person related to the PCC had any personal interest in any contract or transaction entered into by the PCC, including guarantees, during the year (2024: nil).

11 Government grants

The government grants recognised in the accounts were as follows:

Cheshire East Council 2025
£
-
-		 2024
£
6,327
6,327

18

Notes to the accounts for the year ended 31 December 2025 (continued)

Holy Trinity Hurdsfield

12 Fixed assets: tangible assets

Cost
Depreciation
Charge for the year
Net book value
13
Debtors and prepayments
Tax Recoverable on Gift Aid
Prepayments and accrued income
14
Cash at bank and in hand
Cash at bank and in hand
15
Creditors: amounts falling due within one year
Other creditors and accruals
At 31 December 2024
At 1 January 2025
At 31 December 2025
At 31 December 2025
At 1 January 2025
At 31 December 2025		 Hurdsfield
Community
Hub Building
£
370,985
370,985
43,281
18,433
61,714
309,271
327,704
2025
£
20,255
3,408
23,663
2025
£
230,158
230,158
2025
£
9,031
9,031		 Total
£
370,985
370,985
43,281
18,433
61,714
309,271
327,704
2024
£
17,003
4,374
21,377
2024
£
216,041
216,041
2024
£
7,261
7,261

19

Holy Trinity Hurdsfield

Notes to the accounts for the year ended 31 December 2025 (continued)

16 Analysis of movements in restricted funds

Peaced Together
Other
Tearfund quiz
Total
Peaced Together
Other
Total
New Wine
Youth silent disco
Silklife gift
Previous reporting
period
BFTF - Hub net
asset
Community
Programme
BFTF - Hub net
asset
Book of Ruth
(Press Red)
CDBF Low energy
grant
Walk for Tearfund
Mozambique
Gifts to Frosts
Tearfund bingo
Community
Programme
Matt Brittain -
Mark's Gospel
Event
Pathfinders gift
to Open Doors
Tearfund quiz		 Balance at
1 January
2025
£
617
206,019
28,833
-
-
-
-
-
-
235,469
Balance at
1 January
2024
£
617
217,651
19,158
-
-
-
-
-
-
237,426		 Income
£
-
-
35,743
3,000
314
250
55
822
327
40,511
Income
£
-
-
31,744
2,679
889
745
486
72
25
36,640		 Expenditure
£
-
(11,600)
(48,381)
(3,000)
(314)
(250)
(55)
(822)
(327)
(64,749)
Expenditure
£
-
(11,632)
(22,069)
(2,679)
(889)
(745)
(486)
(72)
(25)
(38,597)		 Transfers
£
-
-
3,000
-
-
-
-
-
-
3,000
Transfers
£
-
-
-
-
-
-
-
-
-
-		 As at 31
December
2025
£
617
194,419
19,195
-
-
-
-
-
-
214,231
As at 31
December
2024
£
617
206,019
28,833
-
-
-
-
-
-
235,469

20

Holy Trinity Hurdsfield

Notes to the accounts for the year ended 31 December 2025 (continued)

16 Analysis of movements in restricted funds (continued)

Purposes of restricted funds

Peaced Together

A project encouraging social interaction using the creative arts.

BFTF - Hub net asset

The net book value of the building covered by restricted funds is shown here. The balance covered from general funds is shown under unrestricted funds (note 17).

Community Programme

Other

A significant and multi-faceted programme reaching out to the church’s neighbours throughout the parish, with a particular heart for: parents with young children; those with disabilities; those who are vulnerable, lonely, or isolated; those who are very financially stretched, and those suffering from food insecurity. The PCC has received gifts and grants specifically to fund the programme over its first three years, to 31 December 2027.

Other restricted income.

21

Holy Trinity Hurdsfield

Notes to the accounts for the year ended 31 December 2025 (continued)

17 Analysis of movement in unrestricted funds

Current reporting
period
Net Zero Fund
BFTF
Development Fund
Development Fund
Previous reporting
period
General Fund
General Fund
Net Zero Fund
BFTF - Hub net asset
BFTF - Hub net asset		 Balance at
1 January
2025
£
160,707
121,685
20,000
20,000
322,392
Balance at
1 January
2024
£
130,093
7,950
129,536
20,000
20,000
307,579		 Income
£
273,893
-
-
-
273,893
Income
£
256,729
-
-
-
-
256,729		 Expenditure
£
(246,412)
(6,833)
-
(210)
(253,455)
Expenditure
£
(226,115)
(7,950)
(7,851)
-
-
(241,916)		 Transfers
£
17,000
-
(20,000)
-
(3,000)
Transfers
£
-
-
-
-
-
-		 As at 31
December
2025
£
205,188
114,852
-
19,790
339,830
As at 31
December
2024
£
160,707
-
121,685
20,000
20,000
322,392

Name of Description, nature and purposes of the fund unrestricted fund

General Fund The free reserves after allowing for all designated funds.

BFTF A substantial integrated project involving creating a new building to replace the classroom and church office; an improved site and welcome; and some more resource to grow the church’s ministry.

BFTF - Hub net asset The net book value of the building paid for out of unrestricted funds is shown here as a designated fund since the funds are not freely available for the church’s use.

Development Fund For major repairs and developments, beyond routine maintenance, of HTH's Early Victorian church building. This fund was transferred back into general funds in 2025 as the PCC could foresee no major repair that would require it to carry forward such a fund indefinitely.

Net Zero Fund For working towards becoming net carbon neutral.

22

Holy Trinity Hurdsfield

Notes to the accounts for the year ended 31 December 2025 (continued)

18 Analysis of net assets between funds

Tangible fixed assets
Other net current assets/(liabilities)
Total
Tangible fixed assets
Other net current assets/(liabilities)
Total
Previous reporting
period
Current reporting
period		 General
fund
£
-
205,188
205,188
General
fund
£
-
160,707
160,707		 Designated
funds
£
114,852
19,790
134,642
Designated
funds
£
121,685
40,000
161,685		 Restricted
funds
£
194,419
19,812
214,231
Restricted
funds
£
206,019
29,450
235,469		 2025
Total
£
309,271
244,790
554,061
2024
Total
£
327,704
230,157
557,861

19 Operating lease commitments

The PCC's total future minimum lease payments under non-cancellable operating leases are as follows for each of the following periods:

Less than one year
One to five years
Over five years		 2025
2024
£
£
1
1
5
5
37
38
43
44
Car Park		 2025
2024
£
£
1
1
5
5
37
38
43
44
Car Park
44

23

Holy Trinity Hurdsfield

Notes to the accounts for the year ended 31 December 2025 (continued)

20 Prior year Statement of Financial Activities

Note
Income from:
Voluntary income
3
4
Investment income
5
Total income
Expenditure on:
Church activities
6
Total expenditure
Transfer between funds
Net movement in funds for the year
Reconciliation of funds
Total funds brought forward
Total funds carried forward
Net income/(expenditure) for the year
Church activities		 Unrestricted
funds
£
231,588
18,520
6,621
256,729
241,916
241,916
14,813
(3,000)
11,813
307,579
319,392		 Restricted
funds
£
12,877
23,763
-
36,640
38,597
38,597
(1,957)
3,000
1,043
237,426
238,469		 Total funds
2024
£
244,465
42,283
6,621
293,369
280,513
280,513
12,856
-
12,856
545,005
557,861		 Total funds
2023
£
225,320
30,002
3,853
259,175
241,529
241,529
17,646
-
17,646
527,359
545,005

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

24