PARISH of OLD FELIXSTOWE PAROCHIAL CHURCH COUNaL TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31. DECEMBER 2025 2025 THE PAROCHIALCHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF OLD FELIXSTOWE CHARITY REGISTERED No. 1141751 TRUSTEES. ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2025 Page l of 23
PARISH of OLD FELixsfowE PAROCHIAL CHURCH COUNaL TRUSTEES REPORT AND FINANCIAL STATEMENfs FOR THE YEAR ENDED 31° DECEMBER 2025 Contents Page Reference and administrative details Trustees, Report 4-8 Statements regarding Members Independent Examiners, Report io Statement of Financial Activities li Balance Sheet 12 Statements of A55ets & tiabilitS 13 Fund Movement byType 14 Analysis of Income & Expenditure 15-16 Notes to the Financial Statements 17-23 Page 2 of 23
PARISH of OLD FELixsfowE PAROCHIAL CHURCH COUNCIL TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THÉ YEAR ENDED 31" DECEMBER 2025 NAME: The Parochial Church Council of the Ecclesiastical Parish of Old Felixstowe. OTHER NAMES: Old Felixstowe. Saints Peter & Paul with Saint Andrew and Saint Nicholas and Parish of Old Felixstowe REGISTERED CHARITY NUMBER: 1141751 PARISH OFFICE: Old Felixstowe Parish Office, Saint Andre5 Church. Saint AndreWs Road, Felixstowe, Suffolk. IPII 7EB BANKERS: Barclays Bank PLC CCLA. CBF Church of England Deposit Fund INDEPENDENT EXAMINER: Mrs. H. Rumsey FCA (Dch A),Ensors Chartered Accountants TRUSTEES Served To Name Rev C Hood Mrs, J R Jones Mr. S C Rogers Mr. M D L Van den Ende Mr. R Copestake Mr. R A Cornwell Mrs. R L Cornwell Mr. M Dean Mrs. J Macpherson Mr.AJ Peats Ms N Roberts MrsA Smith Rev G South Rev. D White Mrsj Adam Mrs. S Wright Office Chairman Churchwarden Churchwarden Treasurer From All year All year I" Jan 2025 All year All year All year ISI Jan 2025 All year All year All year 18th May 2025 I" Jan 2025 All year All year All year All year th 18 May 2025 Ih 18 May 2025 18" May 2025 Curate Page 3 of 23
PARISH of OLD FELIXSTOWE PAROCHIAL CHURCH COUNCIL TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THÉ YEAR ENDED 31" OECEMBER 2025 The Trustees present their report and the unaudited financial statements of the charity for the year ended 31 December 2025. The financial statements have been prepared in accordance with the accounting policies set out on pages 17 to 19 and comply with the Charities Act 2011 and 'Accounting and Reportin8 by Charities.. Statement of Recommended Practice applicable to Charities preparing thelr accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021. STRUCTURE, GOVERNANCE AND MAP4AGEMENT This charity 15 governed and constituted under the laws applicable to Parochial Church Councils within the Church of England, the Parochial Church Council Powers Measure. The Parish of Old Felixstowe elects members to tts church council IPCC) at an Annual Parochial General Meeting, and members of the PCC automatically become trustees. Anyone living in the parish and those whose names are on the electoral roll of the parish are eligible to attend and vote at that meetin8. The parish exists to promote Christianity, prlnclpally in Old Felixstowe. accordin8 to the rites and formularies of the Church of England. The parlsh is constituted to provide regulari public services, principally on Sundays, and the occasional offices of bapt15m, matrimony and funeral, and provides buildings that are open to the public for the comfort of religion. These buildings are available to local organisations for events that benefit the local community. The parish also donates to other charities that provide Services founded in Christianity to members of the public In the United Klngdom, locally and otherwise, and overseas. AIM AND PURPOSE The Parochial Church Council IPCCI of Old Felixstowe supported it5 Vicar, Rev. C.A. Hood, to provide the whole mission of the Church of England In northern and eastern Felixstowe. To help achieve this, it maintains and opens for public worship the church buildings of Saints Peter & Paul. in Church Road; its daughter church, St. Andrew. in St. Andrews Road and (the un<onsecratedl St. Nicholas at Felixstowe Ferry. The PCC als0 maintains the Church Hall in St. Andrew's Road. and has beneficial ownership of St. AndreNrfs House, 10, Fleetwood Road, adjacent to the church. OBJECTIVES The PCC is committed to encouraging people to participate in worship at its three churches and thus become part of the church family. It catersfor differing styles of worship and church fellowship within the parish by diverse services on Sundays and weekdays as well as the use of church buildings at other times by group5. The parish holds services for the whole parish in 55. Peter & Paul and St. Andrew and St. Nicholas during the summer months. Page 4 of 23
PARISH of OLD FELixsfowE PAROCHIAL CHURCH COUNCIL TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR TrIE YEAR ENDED 31° DECEMBER 2025 PUBLIC BENEFtr When planning its activities for the year, the PCC and Vicar have considered the Charity Commission's guidance on public benefit and in particular the specific guidance to charities for the advancement of religion. They have tried to enable ordinary people to live out their faith as part of this parish's community through: Worship and prayer. teachin8 the Gospel and developing the congregation's knowledge of and trust in Jesus; Pastoral care for those living in the parish,. Support of work amongst young people of both the parish and within the town of Felixstowe; Support of outreach and missionarywork The Trustees consider that they are fulfilling the requirements to deliver a public benefit. REVIEW OF THE YEAR The parish has continued to hold and develop public services throughout 2025. We met on the first four Sundays at 09.'30 and 11.00. and at 08:iXJ three times a month and on the fifth Sunday all congregations are Invlted to meet for worship tO8ether at St Andrews. Evening 5ervice5 were held once a month and through the 5ummerthese were held weekly at St Nicholas. Each con8re8ation has a different style and 5trutture that allows people to encounter God's love and grace in a variety of forms. We met in the church every Monday for Evening Prayer and on a Thursday for Morning Prayer. On a Tuesday morning we met to pray for growth. These prayer services attracted between 3 and 15 people regularly. We hold a monthly prayer walk where we pray for different parts of the parish. A Holy Communion Service is held weekly on a Wednesday. A monthly Saturday morning group meets for Theolo8y book group, to explore a range of interesting and challenging books, and for contemplative prayer. Our church building5 have been open for private prayer and public worship. as well as for weddings. funerals and baptisms. They are also used by the wider community throughout the week. Groups meet for prayer and Bible Study, for tea and chat. for singing. si8nin8 and stories and the community Pop Up Shop continue5 to meet to support our community. St Peter and St Paul is the base for the new Parish Nursing ministry. Men's breakfast is held monthly on a Saturday and is thriving. Parish Nursing thls year has continued to develop~ and in 2025 the team put together a profile for a paid lead parish nurse. and towards the end of the year we began employing Dana for a day a week In that role. The rest of the team continue in their voluntary roles. Continued contact with primary schools h35 been developed in the parish, providing a55emblies and lessons both in school and church. We had the prrvilege of hosting Christmas services for the schools in the parish. We are increasingly being asked to deliver lessons in the church to support RE. especially 5UPPOrting Fairfield Infants school. A great team is developing to help plan and deliver these. Page 5 of 23
PARISH of OLD FELIXSfowE PAROCHIAL CHURCH COUNCIL TRUSTEES REPORT AND FINANCIAL STATEME15 FOR THE YEAR ENDED 31" DECEMBER 2025 At the 09.'30 service we have the monthly all age service, which families are beginning to attend, some through contatt with the singing. signing and stories group and schools work. On a further Sunday at 09'.30, Explorers is offered. a Sunday groupfor children of primary school age. We held two courses to help people who are exploring or returning to faith. These were well attended and we will look to offer further opportunities in this area goin8 forward. Towards the end of the year, it was clear there was a need for further small groups to be established. We are grateful to those who have been prepared to offer to host and lead these groups. Home visiting has continued and elder5 continue to be involved in taking prfrcon%Yrated Holy Communion monthly to those who can't get to the church buildings. This has helped to maintain contact and along with regular OVDS of services being produced and distributed sees the church seekin8 to reach out and keep in touch. Pub Theology has continued at the White Horse with a committed small group meeting together. This is an opportunity to explore a range of topics in a relaxed atmosphere over a drink. It has helped develop contart with the wider community and built relationships. The work to extend the Garden of Remembrance, was completed in early 2025 with an opening servlce which was well attended. A dedicated team ha5 been established to help maintain the Church yard at St Peter and St Paul. Advice from Caring for God's Acre is being followed to help with the ongoing management and development of the church yard. The church hall is used by a pre-school 8roup throughout the year. St Andrews house contlnues to be let out, managed by a local lettin8 a8ent. TRusfEES The Trustees of the charity are detailed on page 3 of this report. APPOINTMENTOF TRUSTEES When a vacancy occur5 for a trustee. the remaining trustees seek to appoint an individual with skills and experience. which they feel. will be of benefit to the charity. On appointment, new trustees are given copies of the latest Annual Report and Account5. There is no forrnal induction and training programme, but individual trustee5 attend 5eminar5 to update themselves when they feel it necessary. MANAGING RISK The Trustees have considered the major risks to which the church is exposed. and systems have been established to mitigate those risks. These procedures are regularly reviewed to ensure that they still meet the needs of the charity. In particular, to minimise any financial risks the trustees seek reputable banks and other investment institutions into which they place funds. The performance of their investment are reviewed. Page 6 of 23
PARISH of OLD FELixsfowE PAROCHIAL CHURCH COUNCIL TRUSTEES REPORT AND FINANCIAL STATEMEiif5 FOR THE YEAR ENDED 31" DECEMBER 2025 RESERVES & INVESTMENT POLICY The parish holds reserves in the form of Restricted. Endowment and Unrestritted funds. A Reserves and Investment Policy has been developed to manage the financial assets of the parish. During the annual Financial Review, a balanced budget is set for the upcoming year, whereby any shortfall in predicted income vs predirted expenditure will be met by an allocation from carried-forward surplus assets. In addition. a Reserve of £36.O¢XI will be allocated as contingency against unexpected higher costs as the budget 15 executed through the year. A formula for determining the Reserve is defined in the Policy. The Reserve will be held in a separate readily accessible financial account from that used for the parish's day-to- day running. The balance of the surplus financial assets will be maintained as a mix of mid- and long-term investments, Wlth the goal of producing capital 8rowth and income, commensurate with minimising risk of capital loss. EMPLOYMENT MAThERS The trustees are responsible for the appointment of employees and other related staff matters, includin8 determinin8 salaries. FINANCIAL POSITION A deficit of £40,833.68 arose in the year compared to a deficit of £16,752.20 for the previou5 year. Funds carried forward totalled £1.109,137.69 comprising unrestricted fund £330,812.2412024.' £351,433.90>, designated funds £653,351.5112024: £ 659,433.17, restrlcted funds £89.631.90 12024.. £103,752.26) and endowment fund £35,342.04 (2024. £35.422.141. During the year there has been considerable expenditure on St AndreWs Church and The Garden of Remembrance in the graveyard at St Peter and St Paul. In late 2024 the gas feed to the heating system at St Andrew's Church was condemned by the examiner and needed to be replaced at a cost of £7.725.60. A further £4,311.36 was spent on pew cushions to provide greater comfort and insulation to limit the effect of cold air rising from the church floor. A150 new chairs were purchased at a c05t of £3,240.00 to replace those in the rear seating area which had become dilapidated. The cost of work to extend and improve the Garden of Remembrance was circa £23,000. Page 7 of 23
PARISH of OLD FELixsfowE PAROCHIAL CHURCH COUNCIL TRUSfEES REPORT AND FINANCIAL STATEMENfs FOR THE YEAR ENDED 31" DECEMBER 2025 GOING CONCERN The trustees have a reasonable expectation that the charity has adequate resources to continue operating for the foreseeable future. Approved and signed by order of the Trustees. C.A. HOOD VICAR Date If10g/z6 Page 8 of 23
PARISH of OLD FELIXSTOWE PAROCHIAL CHURCH COUNCIL TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31" DECEMBER 2025 srATEMENTS REGARDING MEMBERS ETC srATEMENT REGAROING MEMBERS, BENEFITS With the exception of those mentioned below no member of the Council nor any person connected to them benefited from any contract or work awarded or payment made by the Council during 2025. Clergy {3 trustees) received re-imbursement of £544.98 for out4)f-pocket expenses incurred in their duties durin8 2025 {2024: £210.48-3 trustees). Agrant of £1440 was made to a charity, of which Mr A Peats and Reverend Hood are also trustees 12024: £1,525). A 8rant of £1440 wa5 made to a charity. of which Reverend White is also a trustee12024: £1.5251 The wife of a trustee manage5 the Parish Nursin8 service and provides nursin8 care. No remuneration is paid to her In that capacity. srATEMENT REGARDING TRUSTEES, CONTRIBUTIONS Durin8 2025 the trustees donated £12,980 to the Parlsh of Old Felix5towe for the f urtherance of its objertives. All of this was unrestricted in character. In 2024 the comparative values of gifts were £11.860. STATEMENT REGARDING EMPLOYEE'S REMUNERATION The PCC employed two people Inot Trustees) who earned a combined gross salary of £14,743.96 12024.. One employee £12.603.601. We are claiming the Employment Allowance and no employerfs National Insurance Contributions were paid {2024: Nill. Contributions of £415.92 were paid for the benefit of oneemployee to a pension fund during the year12024'. £378.12). Employee benefits, therefore. did not exceed £60,(XK) durin8 the year or the previous year. STATEMENT REGARDING EX GRATIAAND HONORARIA PAYMENTS Ex Gratia paymentstotaling £3,06512024: £2.075} were made to the Verger and Organist (non- PCC member51 for their duties at Church Services. srATEMENT REGARDING VOLUNTEERS The charitable activities a mainly carried out by unpaid volunteers who cover various roles within the church. Page 9 of 23
PARISH of OLD FELIXSTOWE PAROCHIAL CHURCH COUNCIL TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[st ] DECEMBER 2025
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE PAROCHIAL CHURCH COUNCIL OF OLD FELIXSTOWE SAINTS PETER & PAUL, SAINT ANDREW and SAINT NICHOLAS
I report to the Trustees on my examination of the accounts of the Parochial Church Council of the Parish of Old Felixstowe (the charity) for the year ended 31st December 2025.
RESPONSIBILITIES AND BASIS OF REPORT
As the trustees of the charity, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011.
I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145 (5) (b) of the Charities Act 2011.
INDEPENDENT EXAMINER'S STATEMENT
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
l. accounting records were not kept in respect of the charity as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
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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.
Mrs. H. Rumsey FCA (Och A) 16 April 2026 Ensors Chartered Accountants Connexions 159 Princes Street IPSWICH IPl lQJ
Page 10 of 23
PARISH of OLD FELIXSTOWE PAROCHIAL CHURCH COUNCIL TRUSTEES REPORT AND FINANCIAL STATEMEKfs FOR THE YEAR ENDED 31" DECEMBER 2025 Statement of Financial Activitie5 2025T+xII 2024Toial Intome and endowments from: Donations and legacies 112,589.12 Income from ¢harrtable activfties 7.867.67 535.0) 120.991.79 99,544.53 9,488.81 1.093.48 10,582.29 11,338.63 Other trading attivlties Investments 1,204.(MJ 18,756.05 142A137.98 8,950.71 11.375. 29,286.86 10,154.71 12,276.92 30,131.05 39.264.89 171J59.84 162,424.97 Totsl IrKome Expendlture on: Ralsln8 funds Expenditure on charltable actlvities Other expenditure Total expendilure 21.63 161.282.35 26,153.85 14,655.36 202,091.56 168,553.58 10.601.96 36.75511 I436 10.601.96 10,601.96 211693.52 179,177.17 161282.35 Net lexpendlture)Ilncome 11924Q371 17868.95) 1141 (40J33.68) {16.752.20) Tran5fer5 Gross transfers between funds- in Gross transfers belAveen funds- out ILossllGain on investment assets 74.CKI 1,461.29 1.535.29 15,449.69 11,461.291 174.(Kll 11,535.291 115,449.691 180.101 180.101 1.717.77 Net movement In fvnds 120,631.661 16.081.6611141J)361 180.101 140.913.781 115,034.431 Totsl funds broutht forward 351A33.9) 659A33.17 103,752.26 35,422.14 1,150,051.47 1.165,085.90 Total funds carrled torward 330I12.24 653351.51 89,631.? 35342.04 1,109.137.69 1.150,051.47 Page 11 of 23
PARISH ot OLD FEUXSTOWE PAROCHIAL CHURCH COUNCIL TRUSTEES REPORT AND FINANaAL STATEMEKfs FOR THE YEAR ENDED 31" DECEMBER 2025 Balance Sheet SLiternent of assets and Ilabilities 2025 £ 2024 £ l Flxed assets Tangible assets 2 Investments S85,6.12 35.342.04 620.942.16 596.202.08 35.422.14 631,624.21 3 Current assets Debtors Cash At Bank and In Hand 14,106.n 480,030.89 494.137.61 15.260.02 511,794.58 527,054.60 4 Llabilltles Creditors.. Amounts Falling Due in One Year 5,942.08 ,627.35 5,942.08 8.627.35 488.195.53 518,427.25 1,109,137.69 1,150.051.25 Net current assets less curyent Ilabllllles Total assets less cunent IlabllltSes- Pa8e 13 Unrestrlcted General Funds Deslgnated Benefice Fabric & Infrastrutture Fund Garden of Remembrance & memorial plaques LadybSrds On Goin8 Learning Parish Nursing POP UP SHOP St Andrews Hall Fund St Andrews House Fund St Peter & Paul Graveyard Designated Fund St Peter & Paul Streaming Aestrlcted 330,812.24 351,443.90 19,775.14 49.99 548.90 2,430.36 3,159.21 8,176.08 193,754.96 409.793.96 5.062.79 10.600.12 19,775.14 3,(KK).(M) 1,793.49 4,750.19 192,S39.82 401,625.72 15.046.73 21.202.08 Re5tTlCted- Organ Fund Restricted- 5t Andrew5 Church Fabr1¢ & Infrastrurture Fund Restricted - St P & P Fabric & Infrastructure Fund Endqmmènl Endowment . St Peter & Paul Graveyard Fund Fund of the Churth 2,314.88 68.425.52 18,891.50 2,314.88 82,813.38 18.624.(KJ 35,422.14 35,422.14 1.109.137.69 1,150,051.47 C A Hood-vicar M Van den Ende-Treasurer Page 12 of 23
PARISH of OLD FELIXSfowE PAROCHIAL CHURCH COUNaL TrUSTEES REPORT AND FINANCIAL STATEME15 FOR THE YEAR ENDED 31. DECEMBER 2025 Statement of Assets and tiabilities 2024£ Flxed Asset. Investments Oliver CCLA Investment Fund Churchman CCLA Deposlt Fund 28,901.92 28,538.52 28,538.52 6.803.52 6,803.52 6,520.22 Total Flxed A55et- Tanilble Assets St Andrews House St Andrews Hall Irestatedl Equlpment 35,342.04 35.342.04 35.422.14 385,(XK).(K) I90,M].(X) 10,6CMI.12 Total 585.61x1.12 Current assets- Cash at bank and lfi Hand Barclays Current Account 14,110.67 9.202.55113,868.421 Barclay5 Savings Account {9.911.931 40.617.63 19,880.38 Cash in Hand o.oi 385,LXX).LX) 385,IJXI.(M) I9).(x.CQ 190.C(KJ.(K) 10,600.12 21,202.08 s85.6.12 596,202.08 9.444.80 50,586.08 o.oi 6,233.77 85,560.80 o.oi Totsl Current assets- debtors Accounts Recelvable 4,198.75 49U1.18 6.011.% 60,030.89 91,794.58 12,381.51 1,725.21 Total 11381.51 1.725.21 14,106.72 14.106.72 15,260.02 15.260.02 Current assets- The CBF CofE Oeposit Account 420,(th.00 420,000.1)O 320,)0.(l 16.206.CXI 83,794.(1) Total 320mO.LKI 16206.CKI 83.794.IYI Llablllty- A8en¢y Accounts Agency collertions 420,1YXI.(KI 420,(.[1 174.06 174.06 74.10 Total Llablllty- Credltor5: Arnounts fallln8 due In One Yeaf Accounts Payable 5.768.02 5,768.02 ,553.25 Total 5.768.OZ 5,768.02 8.553.25 Net total assets 33012.24 653,351.51 89,651. 35342.04 1,109,137.69 1,150,051.47 174.06 174.06 7410 Page 13 of 23
PARISH of OLD FELixsfowE PAROCHIAL CHURCH COUNaL TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31° DECEMBER 2025 Fund movement summary Openln& Incomlry Out801 Trnnsfers loss Journals aoslns Beneflce Fabric & Infrastrurture Designated 19,775.14 Garden of Remernbrae 19.775 14 Designated .48 57 4999 Ladyblfds Designated Organ Fund Restricted 2.314.88 2,314 88 On Goln8 Learnlnl Designated Parlsh Nurslng 3.rrn.oJ 2.430 36 Des18nated 1,793 49 3.298 ) 1.932 28 3.159 21 POP UP Shop Desi8nated St AndreS Fabrlc & Infrastrurture 4.750 19 4.524.77 2,(04 09 965 21 8,170.08 Restricted 82.813.38 367.9) 14.5. 08.425.52 St Andrev/s Hall Desi8nated 1W2.239.82 6.950.71 7.435 $7 St Andre$ House 193,7S4 96 Desi8nated 401,625 72 11.375 CQ 3. 78 409,793.96 StP&PFabrlc& 1nfrastTucre Restricted I8,824. 2873J 18.891.50 St P & P Graveyard Endowmerf 35.422.14 {80.101 35,342 04 St P & P graverd Desi8nated 15.W.73 IcM).O) 10.083.94 5,Gfj2.79 Streamln8 De5i8nated 21,202.08 10,801.96 10.600.12 General Fund 351,433 142.037.98 161,282 35 {1.387.2911 330,812.24 GrandTotsl 1.150,OS1.47 171.859.84 212,693.52 {80.10} 1,109,137.69 Page 14 of 23
PARISH of OLD FELixsfowE PAROCHSAL CHURCH COUNCIL TRUSTEES REPORT AND FINANCIAL STATEME5 FOR THE YEAR ENDED 31" DECEMBER 2025 Analysis of income and expenditure Unrestrfcted Oe51inated Re5trScted EndThiment 2025 £ 2024 E INCOME AND ENDOWMENTS FROM: Donation5 and le8acies Gift Aid Giving Other Planned Giving Weekly Offering5 Recurring Donations Non Recurfin8 Donations Gift Aid Recovered Le8acies Non Recurring Grants LPWS VAT Recovery 59,271.50 3.6LM).(M) 16.076.28 6.[mI 12.802.07 62.871.50 54.031.¢JI 16,676.28 9,035.¢J) 12,802.07 10,071.58 64.87 6.159.02 4,394.14 20,346.39 14,656.10 220.93 7.291.84 623.IX) 3.394.35 2.229.67 $35.CQ 19.531.39 815.IXI 220.93 6UU) 1.287.60 Totsl$ 112.589.12 767.67 535X(I Incorne Irom ¢h•rltsble actl¥ltles Pop up Shop Weddin85 Funerals Memorials Other Income 1.287.60 120,991.79 99,544.53 2,474.21 2,544.11 3,723.83 7.014.60 474.68 7.489.28 7.524.80 548.90 90. Tots Other tr•dlnq artl¥ftles Fund Raising St Andrews Hall Fèes 9A88.81 Im3A8 10,582.29 11,338.63 1,204.IXI 1,204.(KI 4,215.tXJ 8.950.71 8.061.92 10.154.71 12,276.92 8.950.71 I20& 8,950.71 Tota15 Imiestments Dividends & Interest St Andrews House flental 11,375.(Ll Tots15 18,756.05 11.375.00 Grnnd tota15 142,037.98 29.286A6 535JKI 18,756.05 18.756.05 28,164.89 11.375.LKI 11,100. 30,131.05 39,264.89 I7159.84 162,424.97 20Z4 I37¢3.92 15,381.05 162N24.97 Page 15 of 23
PARISH of OLD FELIXSTOWE PAROCHIAL CHURCH COUNaL TRusfEES REpoKf AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31. DECEMBER 2025 Unre•trict•d Oesign•led Regtricted En(kn 2025 £ 2024 £ Expendlture on: Fund Rai5in¥ ActIvitS Secular Charitfjes Pop up Shop Parish Share Admlnistrative Officer Costs Organist Fees Gardener Fees Ver8er5 FeÈs Cler8y Workin8 Costs As515tant CrKYC0sts Mlsslon & Otstreach Expenses St Andrews Church Insuiance St P & P Church Insurance St Nlcholas Church Insurance Upkeep of Servlces Copier Related Costs OtherAdmini5tratNe Cost Chufch Cleanin8 & Repairs Upkeep of Church Grounds Other Support Costs St Andrews Church Util1¢$ St P & P Church Utilrtle5 St Nlcholas Church Utllltle5 Communlcatlon Costs 21.63 7.232.52 1,633.56 82,280.04 14.455.88 2.564.57 672.LX) 7.232.52 7,625. 3,697.65 3,199.24 82,280.04 80,454.96 14.455.88 12,981.72 2,564.57 1,575.tM) 672. sl.0) Iw.(y& 17S.38 494.98 494.98 2.451.92 2,337.37 2.530.52 446.64 13,699.79 1.246.70 6.396.69 1.754.40 2S,BIS.44 Y9) 3,738.43 10,674.72 2,757.84 2.497.24 433.05 260.44 1,177.64 1.478.59 4,214.95 5,504.46 1.499.62 1.456.77 2,E113.Y) 1,786.¢X) 786.76 7t.(0 1.365.LYJ 1.055.rKI 832.32 3,870.IXJ 35.10 1,643 92 2,136.17 2.313.58 347,87 6,195.25 1.331.SO 6.268.35 2.451.92 2.337.37 2,530.52 7.120.43 1,246.70 6,296.69 1.754.40 I5,611.( IOJbl.38 5419) 657936 2,695.91 3,738.43 2.757.84 433.05 1.177.64 St Andrews Hall ut11leS St Andrews Hall Insurance St Andrews Hall Minor Repairs St Andrews House Insurance St Andrews House A8ent Fee St Andrews House Maintenance Fees Churchyard Maxns Governance COAS Inote81 St Andrews Churth Malor Repalrs St P&P Graveyatd Upkeep Totals 161.282.25 4.214.95 1,499.62 1,721.IXI 786.76 1.36S.IKI 1.055.CQ 1,332.CQ 5,571. 1.349.20 3,630. 3,870. 24&59 255.45 .04 LCn170 202.091.56 IW553.58 26.153AS 14.655.36 Other eXPertur• Streamin8 Depreclatlon Inote 11 oiheT expendttureTtitals 10,601.96 10.601.96 10.601.96 10.601.96 10.601.96 10.601.96 xpendlture Grnnd totsl$ 161.282.25 2024 150.022.39 36.755.81 212.693.5Z 179.177.17 29.154.78 179,177.17 Page 16 of 23
PARISH of OLD FELixsfowE PAROCHIAL CHURCH COUNCIL TRUSTEES REPORT AND FINANCIAL STATEMEpifs FOR THE YEAR ENDED 31. DECEMBER 2025 NOTES TO THE FINANCIAL STATEMENTS ACCOUNTING pouaES BASIS OF PREPARATION OF ACCOUNTS The accounts have been prepared In accordance with the Accounting and Reporting by Charitie5'. 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. The accounts have departedfrom the Charities. (Accounts and Reports) Regulations 2CM)8only to the extent required to provide a 'true and fair. view. This departure has involved followin8 Accountlng and Reporting by Charities Statement of Recommended Practice appllcable to charities applying FRS 102 rather than the version referred to in the regulations which has since been withdrawn. The accounts are prepared in sterling, which is the functional currenci. Monetary amounts are stated in pounds and pence. The accounts have been prepared on the going concern basis as the Council have a reasonable expettation that the Church has adequate resources to continue operatin8 for the foreseeable future. The Parish of Old Felixstowe Parochial Church Council meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless stated in the relevant accounting policy note5. FUNDS Unrestricted funds are funds of the PCC that are not subject to restrlction on their use and are able to be applied by the PCC for general purposes. The PCC may designate unrestrlcted funds for a particular purpose as a matter of internal financial discipline. Restricted funds are annotated on their use. Endowment funds are restritted funds, the interest from which is to be used for purposes specified by the funds, donors. These accounts deal only with such transactions for which the PCC is responsible. The affairs of groups affiliated to the church and other gatherings within it are excluded. INCOMING RESOURCES Collections are taken to account when received. Income from covenanted giving and ancillary donations are taken to account onlywhen received. Incometax recoverable underthe Gift Aid Scheme is recognised on a receivable basis. Legacies income is recognised when the PCC has entitlement to the funds. any performance conditions attached to the itemls) of income have been met, it is probable that the income will be received, and the amount can be measured reliably. Page 17 of 23
PARISH of OLD FELixsfowE PAROCHIAL CHURCH COUNCIL TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31" DECEM8ER 2025 Recurring and nonrecurring grants are taken to account on receivable basis. Income from charitable activities is recognised on a receivable basis. Fundraising and income generated from other trading activities are reco8ni5ed when received. RESOURCES USED Donations and grants are taken to account on voting by the PCC or payment, whichever Is the earlier. Other costs are accounted for when the PCC'S liability for them occurs. FIXED A5SErs Consecrated Land & Bulldln85 These are excluded from the accounts. No value is placed on movable church furnishings that requlre a faculty for disposal. Expenditure on consecrated property and movable furnishin8s whether improvement or maintenance is written off in the year of expenditure. Other Land & Buildlngs St Andrew's House Is stated at market value provided by a professional valuer in February 2024. The value is reviewed on an annual basis by the Trustees and professionally revalued at intervals of no more than 5 years. St Andrews Hall is stated at market value pThided by a professional valuer in November 2021. Expenditure on other land and buildings is written off as incurred. Other Flttln8s, FIMtures & Equlpment This is written off on a linear ba515 over three years. Items less that £l,O(YJ in value are written off when acquired. Streaming equipment is written off over S year5 On a linear basis. IMPAIRMENTOF FIXED ASSErs At each reportin8 date the Charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those have suffered any impaimient loss. If any such indication exists. the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss lif any). INVESTMENTS Investments are shown at market value. Differences in closin8 marketvalue from the preceding year are taken to the Statement of Financial Activities as an unrealised movement. Income arising from investments is accounted for on an accrual basis. Page 18 of 23
PARISH of OLD FELixsfowE PAROCHIAL CHURCH COUNaL TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31" OECEMBER 2025 FINANCIAL INSTRUMENTS Other than the fixed asset investments. the charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are recognised in the Balance Sheet when the PCC becomes party to the contrattual provision of the instrument. CURRENT ASSETS Sums owed to the PCC are shown as debtors less any amount which may not be collectable. Cash at bank and in hand includes cash and highly liquid investments. ACCOUNTING EsllMATES AND AREAS OF JUDGEMENT Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expertations of future events that are believed to be reasonable under the circumstances. The f reehold property. 10. Fleetwood Road, is professionally revalued at intervals of no more than five years. A professional valuer has provided a market value in February 2024. The Hall was valued professionally in November 2021. PENSIONS The PCC makes payments to a pension scheme foroneof its ernployees. Contributions are char8ed to the Statement of Financial Activities as they become payable. LEASES Rentals payable underoperatin8 leases are charged against income as they become payable, EMPLOYMENT TERMINATION There is currently no provision for contractual payments on terniination of employment in staff contracts. If a termination becomes necessary, it wlll be dealt wlth in accordance with circumstances and employment law in force at that time. TAXATION The attivities are exemptfrom United Kin8dom VATand Income taxatlon. NOTE I: FIXED ASSETS The PCC beneficially own5 two non<on5ecrated freehold properties.. St. Andrew's Church Hall and St. Andrew's House. St. Andrew's House was professionallyvalued in February 2024 and 1$ stated at a value of £385,OIY) in these accounts. St Andrew5 Hall is stated at market value in these accounts. This was professionally valued at £190,000 in 2021.The PCC alsoownsst. Nicholas'5 church, a non-consecrated property at Felixstowe Ferry. If serrfices are not held there fora period of more than one year, interest in the property reverts to the original donor. In the PCC'S opinion the property has no market Value to the PCC. These properties are unrestricted. Page 19 of 23
PARISH of OLD FELixsfowE PAROCHIAL CHURCH COUNCIL TRUSTEES REPORT AND FINANCIAL STATEMEKf5 FOR THE YEAR ENDED 31" DECEMBER 2025 NOTE I: Icontinuedl Equipment St Andrews St Andrew's Hall Total £ Costlvaluation Brought fOnard Revaluation Additions Disp0531 Carried forward Depreclation 53,(X)7.96 385.{X).00 190,OChJ.(X) 628,007.96 53,IX17.96 385.IXK).(M) 190,IX*).IXi 628,IX)7.96 8rought forward Charge On disposal carried forward 31,805.88 10.601.96 31,805.88 10,601.96 42.407.84 42,407.84 Wrltten down value At 31st December 2025 10,600.12 385,¢XK1.) 190,(#)).IXI 585,6C#).12 At 31st December 2024 21202.08 190 OCKI.CM) 596 202.08 NOTE 2: ENDOWMENTS The Diocese holds certain fund5 in CCLA accounts, the income from which is for the benefit of the parish. Cash from these funds is shown in Saints Peter & Paul Graves & Fabric Fund Original capital sum OLIVER For Maintenance of Oliver family graves and keeping legible their lettering and benef it of $5 Peter and Paul. Interest held at the Diocese. available to the PCC CHURCHMAN For fabric and grave maintenance. particularly Churchman familygraves. Trust deed held at Diocese, available to the PCC 757 ENDOWMENT MOVEMENT IN VALUATION Value X124 É Value 2025 £ Movement £ 28.9)1.92 28.538.52 3ti3.40 6.520.22 6.803.52 35,422.14 35.342.04 OLIVÉR CHURCHMAN 283.30 TOTAL 80.10 Page 20 of 23
PARISH of OLD FELixsfowE PAROCHIAL CHURCH COUNCIL TRUSTEES REpoirr AND FINANCIAL STATEMEpifs FOR THE YEAR ENDED 31" DECEMBER 2025 NOTE 3: DEBTORS 2024 £ 2025 £ Other debtors Prepayments 9.706.23 5,553.79 15.260.02 9.053.62 5.053.10 14,106.72 NOTE 4: UABILITIES FALLING DUE WITHIN ONE YEAR 2024 £ 2025 £ Creditors Accruals 2.911.30 5,716.05 8,627.35 1,074.83 4,867.25 5,942.08 NOTE 5: ANALYSIS OF NET ASSETS BY FUND for the year ended 31" December 2024 Unrestrlrted/ Restricted Endowment Total £ Deslgnated Flxed assets 596.202.08 35,422.14 631,624.22 Current assets 423,228.24 103.826.36 527,054.60 Liabilities Net current assets less current liabilities Total asset5 le$5 current Ilabilities 8.553.25 74.10 8,627.35 414.674.99 103,752.26 518,427.25 1,010,877.07 103.752.26 35,422.14 1,150,051,47 Total funds carried forward 1,010,877.07 103.752.26 35,422.14 1,150,051.47 NOTE 6: OPERATING LEASE COMMITMENTS On 21 Au8USt 2024. the church entered into a 3-year operatlng lease agreement in respect of a photocopier. The amount outstanding at 31 December 2025 was as follows: 2024 £ 2025 E 648.(XJ 648.00 1,134.IXI 1,782.IXI Within l year More than l year 486.00 1,134.00 Payments recognised as expenditure amounted to £782.2512024'. £815.90) Page 21 of 23
PARISH of OLD FELixsfowE PAROCHIAL CHURCH COUNCIL TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31° DECEM8ER 2025 NOTE 7: PAYMENTS TO INSTITUTIONS & INDIVIDUALS The PCC made the following donations: 2025 2024 Overseas Mission Fellowship TEAR fund Church Pastoral Aid Society BOOST Felixstowe The Hope Trust The Children's Society 1,440.CLI 1,440.00 1.440. 1.440. 1,440. 32.52 1,525.00 1,525.IX) 1.525.00 1.525.00 1,525.00 32.52 NOTE 8: GOVERNANCE COSTS Governance costs of £3,870 include Independent Examination fees £3,620.12024: £3.6301. NOTE 9: POST BALANCE SHEET EVENTS Work to Oliver and Churthman graves costin8 £1.)8 was approved. An order has been placed with a contrattor, but the work is yet to be started. Page 22 of 23
PARISH of OLD FELixsfowE PAROCHIAL CHURCH COUNCIL niusTEES REPORT AND FINANCIAL STATEME15 FOR THE YEAR ENDED 31" DECEMBER 2025 Note 10: FUND MOVEMENT- Yearended 31 December 2024 Opening £ Incomlng £ Oul8oln8 Tr3nsfer5 £ GaIns/los £ a0n8 £ Benefice Fabrlc & Infiastrurture Designated 19.775.14 19,775.14 Oryan Fund Restricted 2.314.88 2,314.88 On Goln8 Learning DesS8nated 3,0(M).(M) 3,OW.00 Parlsh Nursini Designated 1,914.75 1,954.17 1.643.43 1432.001 1,793.49 Pop Up Designated 1,280.00 4,217.53 1,265.59 518.25 4.750.19 St Peter & Paul Graveyard Endowment 33.704.37 1.717.77 35.422.14 St Peter & Paul Graveyard Designated 16.000,Crf) 47.43 1.000.70 15,046.73 St Andrews FabrSc & Infrastrurture Re5trirted 82,813.38 82,813.38 St Andrews Hall Fund Irestatedl Designated 191.212.00 8,061.92 7,034.10 192.239.82 St Andrew5 House Fund Designated 398,134.72 ii,Ico.¢xJ 7,609.00 401,625.72 St P & P Fabrlc & Infrastructure Restrirted StP&P Streaming Designated 18,624.IXI 18,624.S)0 31,804.04 10.601.96 21,202.08 General Fund 364,508.62 137,043.92 150,022.39 186.25) 351,443.90 Grand Totsl 1,165,085.90 162,424.97 179.177.17 1,717.77 1,150,051.47 Page 23 of 23