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2025-12-31-accounts

Charity Registration Number

1142767

The Parochial Church Council of the Ecclesiastical Parish of All Saints, Evesham

Unaudited Financial Statements

For the Year Ended 31 December 2025

The Parochial Church Council of the Ecclesiastical Parish of All Saints, Evesham

Contents of the Financial Statements For the Year Ended 31 December 2025

Page
Report of the Trustees 1 - 6
Statement of Trustees' Responsibilities 7
Independent Examiner's Report 8
Statement of Financial Activities 9
Balance Sheet 10
Notes to the Financial Statements 11 - 27

The Parochial Church Council of the Ecclesiastical Parish of All Saints, Evesham

Report of the Trustees

For the Year Ended 31 December 2025

The trustees present their report with the financial statements of the charity for the year ended 31 December 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing the accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

Administrative Information

The PCC is a body corporate (PCC Powers Measures 1956, Church Representation Rules 2006) and is a charity registered with the Charity Commission. The correspondence address and key contact details are given below.

Registered charity number (England & Wales): Registered office and Correspondence address:

Office telephone: E-mail: Web Site: Face Book:

1142767 Church House Market Place Evesham Worcestershire WR11 4RW 01386 442213 office@evesham.church Evesham.church https://www.facebook.com/allsaintsevesham

Day to day management is delegated to the Parish Administrator, Katy Tarplee.

Members of the PCC (Who are also Trustees)

Incumbent: Church Wardens: John Ellis Clive Greedy Deanery Synod Representatives: Karen Sumpter Members: (excluding ex officio) Carol Sheehan Rosie Grove John Liggitt Sara Greedy Amy Hall-Cook David Hall Lee Fisher Jayne Fleetwood Amanda Palmer (Resigned 25/10/2025) Julie Westlake Prajna Lad

Key Office Holders: Lay Chair of the Council: Secretary: Covenant Registrar: Disclosure and Barring Service (DBS) Registrar: Representatives to Churches Together:

Clive Greedy Sara Greedy Carol Sheehan Amy Hall-Cook Rosie Grove Roberta Matthews

1

The Parochial Church Council of the Ecclesiastical Parish of All Saints, Evesham

Report of the Trustees

For the Year Ended 31 December 2025 (continued)

Members of the PCC (Continued)

PCC members are appointed in accordance with the Church Representation Rules. The Incumbent, Church Wardens, Asum Lay Minister and Deanery Synod Representatives are ex-officio members of the PCC. Other members are elected at the Annual Parochial Church Meeting (APCM), or co-opted during the year.

Bankers, legal and other advisors:

Bankers: CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ

Independent Examiner:

Melissa Godwin ACA, ACCA The Richards Sandy Partnership Ltd Thorneloe House 25 Barbourne Road Worcester WR1 1RU

Surveyor:

Alan Simcox Nick Joyce Architects LLP 5 Barbourne Road Worcester WR1 1RS

Objects and Activities

The primary object of all PCCs is the promotion of the Gospel of our Lord Jesus Christ, according to the doctrines and practices of the Church of England. The PCC has the responsibility of co-operating with the incumbent in promoting in the ecclesiastical parish of Evesham, All Saints with St Lawrence the whole mission of the Church, pastoral, evangelistic, social and ecumenical.

The PCC is committed to enabling as many people as possible to worship in All Saints and to become part of the parish community. Our services and worship put faith into practice through prayer and scripture, music and sacrament.

The PCC has complied with its duty under section 17(5) of the Charities Act 2011 to have due regard to guidance on public benefit, published by the Charity Commission.

The PCC is aware of its duty to have regard to House of Bishops’ guidance on safeguarding children and vulnerable adults. The PCC uses the ‘Safeguarding Toolkit’ provided in the diocese as a way of selfassessment to seek to ensure it fulfils that duty.

We try to enable people to live out their faith as part of our parish community through:

To facilitate this work it is important that we maintain the fabric of the Church of All Saints and adjoining Church House.

2

The Parochial Church Council of the Ecclesiastical Parish of All Saints, Evesham Report of the Trustees For the Year Ended 31 December 2025 (continued)

Structure, Governance and Management

In 2025 the PCC worked through the following committees:

Standing Committee

The only committee required by law. It has the power to transact the business of the PCC between its meetings, subject to any directions given by the Council. This committee comprises the Incumbent, the Churchwardens, the Treasurer and the Chair of the Finance Committee. The chair of this committee is the Clive Greedy.

Liturgy and Mission Committee

Responsible for formulating mission policy for the PCC and for co-ordinating the working of the church’s mission in appropriate liturgy. The chair of this committee is the Jayne Fleetwood.

Fabric Committee

Responsible for managing the repair and upkeep of the properties for which the PCC is responsible. The chair of this committee is John Ellis.

Finance Committee

Responsible for overseeing the finances of the PCC. The chair of this committee is Sara Greedy.

Financial Review

The total of unrestricted voluntary giving has increased this year to £43,374 compared to £40,722 in 2024. As illustrated in the table below, the number of regular givers has decreased by 1, and the average giving has decreased by 18.4%. There has been a further increase in regular givers moving to the Parish Giving Scheme. We now receive an average of £1,236 (2024 - £1,157) per month including Gift Aid.

Year Regular
Giving (with
Gift Aid)		 Regular
Giving (no
Gift Aid)		 Total
Numbers		 Total Regular
Giving		 Average
Giving
2021 24 7 31 20,471 660
2022 30 2 32 20,163 630
2023 28 3 31 22,142 714
2024 30 2 32 20,990 656
2025 27 4 31 16,654 537

The Donations Box and “Goodbox” in the church have generated receipts of £4,622 (2024: £3,897) during the year.

Again, we have benefitted from the valuable support from John Martin’s Charity where we have received a total of £29,898 in 2025 (£39,340 – 2024). This comprises £28,184 (£14,354 – 2024) as a grant towards general expenses and the balance of the triennial grant for the renewal of our lighting and sound systems of £1,714.

We received 2 legacies in 2025 totalling £4,000 (2024: £nil).

Unrestricted income from activities for generating funds has shown a decrease in 2025, from £14,118 in 2024 to £12,127 in 2025. A continued increase in the hiring of the church and Church House and by the continued hard work from the Fund Raising team.

3

The Parochial Church Council of the Ecclesiastical Parish of All Saints, Evesham

Report of the Trustees

For the Year Ended 31 December 2025 (continued)

Our financial investment income has again dropped from £830 to £806. This reflects general financial investment conditions, we have not realised any investments during the year.

The income from our property investments increased from £23,475 in 2024 to £24,500 in 2025. The income from both of these properties continues to be a valuable contribution to our operating expenditure.

Our income from fees charged for wedding and funerals decreased to £1,320 (2024 £3,406) due to decreased activity in funerals and no weddings.

The production of the Parish Magazine ceased during 2025 as production costs exceeded income.

Investment management costs have decreased from £3,911 in 2024 to £2,143 in 2025.

Donations and Grants for our Food Bank have decreased from £23,413 in 2024 to £18,796 in 2025. The costs of providing goods for the Food Bank have decreased from £24,378 to £19,300. Demand for food parcels stayed steady during 2025 at 3,001 parcels. This compares to 3,005 in 2024.

Ministry expenses have decreased to £1,561 (2024: £1,603).

There has been a small increase in our insurance premiums. The total premium for 2025 was £6,306 (2024: £6,303).

The costs of Electricity and Gas increased in 2024 to £18,220, up from £16,921. A new contract for supply was agreed towards the end of 2025, which should help to reduce costs.

The overall cost of maintaining and cleaning our buildings during the year was much reduced in 2025 as no significant work was required. Additionally the cost of cleaning Church House was brought “in house” which will produce a saving of around £2,940 in a full year.

Our Ministry Share for 2025 has increased from £50,001 in 2024. However this was waived by the Diocese. The Ministry Share requested for 2025 was £50,551 and we have succeeded in paying a total of £26,638. As advised in the 2024 report, we are in the process of selling 16 Albert Road to release cash reserves and undertaking a full review of our expenses with a view to returning our finances to a sustainable position in 2026 and beyond.

The Statement of Financial Activities (SOFA) shows that the PCC has, for the first time in many years, produced a surplus in the Unrestricted Funds.

The trustees have reviewed the appropriate risks to the charity and recognise that loss of funding and voluntary income is a substantial risk facing the charity given the continuing deficits year on year. They believe that a minimum of 12 months expenditure at current levels should be retained to ensure that the charity is able to continue its operations for a year should funding and donations become difficult to obtain. The trustees therefore confirm that the reserves policy of holding at least 12 months expenditure has not been met and will continue to work to ensure that the retained earnings remains above this level in the future.

4

The Parochial Church Council of the Ecclesiastical Parish of All Saints, Evesham

Report of the Trustees

For the Year Ended 31 December 2025 (continued)

It is essential that we continue to review both the raising of income and the reduction of our costs without reducing the level of mission that we currently undertake. To this end, the PCC continue to plan Fund Raising Activities for 2026. In addition, the disposal of the one of the investment properties will be completed in early 2026 a full review of expenditure has being prepared and action is being taken to reduce costs where possible.

Five Year Review

Five Year Review
2021
2022
2023
£
£
£		 2024
2025
£
£
Giving, activities and other
Voluntary income (giving)
Generating funds
Other income
Income giving/activities		 49,276
47,650
58,585
5,070
7,311
15,668
2,209
3,922
1,844		 65,203
63,050
14,118
12,127
3,406
1,320
56,555
58,883
76,097		 82,727
76,497
Resources expended
Parish share
Other expenses
Total resources expended
Net incoming/(outgoing) before investment income		 31,265
31,265
35,229
91,665
117,054
132,096		 -
26,638
154,582 123,522
122,930
148,319
167,325		 154,582
150,160
(66,375)
(89,436)
(91,228) (71,855)
(73,663)
Investment income 21,659
26,655
25,643
26,034		 27,011
Net incoming/(outgoing) before grants and legacies (44,716)
(62,781)
(65,585)
(45,821)
(46,652)
Grants and legacies
Grant income 17,498
19,625
36,404
39,340
34,842
Legacies and memorials -
-
-
4,000
Net incoming/(outgoing) resources (27,218)
(43,156)
(29,181)
(6,481)
(7,810)

Designated Funds

The PCC has designated the following funds: Mission and Liturgy Reserve and Fabric Reserve. The policy on designated reserves is reviewed annually by the PCC. The analysis of designated funds includes reconciliations back to the headings in the main financial statements. Where items have not been assigned to a fund (notably fixed assets and the creditor for parish share) these are reconciling items.

Mission and Liturgy Fund

The Mission and Liturgy Fund is intended to provide funds to support the work of the PCC in promoting the whole mission of the church (pastoral, evangelistic, social and ecumenical) in the ecclesiastical parish of Evesham, All Saints and St Lawrence. The residential investment property, previously the curate’s house, has been allocated to this fund. Rental income from this property is used to maintain this asset and to support mission and liturgy work. Any excess of income over expenditure is transferred to the General Fund.

The fund had income of £13,863 (2024 £13,779) and expenses of £9,324 (2024 £14,533) resulting in a surplus of £4,539 which was transferred to the General Fund. The balance at the end of the year was £183,000 (2024 £250,000) representing the value of the residential rental property.

Fabric Fund

The Fabric Fund is intended to provide funds to support the PCC in maintenance responsibilities for All Saints Church, Church House and the Bell Tower. As might be expected of buildings of their age, and despite regular maintenance, substantial liabilities arise from time to time regarding the fabric of these buildings.

5

The Parochial Church Council of the Ecclesiastical Parish of All Saints, Evesham

Report of the Trustees

For the Year Ended 31 December 2025 (continued)

The existing investments, built up over many years through goodwill and generosity of the parishioners, have been assigned to the maintenance and upkeep of the church buildings. These investments help ensure adequate realised income to fund expected repairs, running costs and capital improvements. Unrealised gains are retained in the assets to help ensure an adequate future asset base. Any surplus of realised income over expected expense is transferred to the General Reserve.

This fund had income of £15,640 (2024: £13,369) and expenditure of £30,164 (2024: £52,404). A transfer of £14,524 was made from the General Fund. After revaluation and disposal gains resulting in a deficit of £1,117 (2024 gain of £625) the balance on this fund at 31 December 2025 was £230,808 (2024 £231,925), representing investment assets and cash.

General Unrestricted Fund

All other accounts (assets, liabilities, income and expenses) have been allocated to the General Fund. The General Fund is maintained to cover any short-term excess of expenditure over income, unforeseen rises in expenditure and other financial contingency, and to provide adequate working capital so that the operations of the PCC can be maintained at such times. Ministry share is paid out of General Reserve. It is the policy of the PCC to hold a balance on the General Reserve equivalent to twelve months expected general expenditure (that is, expenditure not relating to mission, liturgy or fabric expenses and excluding parish share).

The fund had income of £86,521 (2024 £94,742) and expenses of £80,806 (2024 £56,101) including ministry share of £26,638 (2024 £nil). After transfers to designated funds the balance on this reserve was a surplus of £4,689 (2024 Surplus £9,320).

Financial Review Summary

The statement of financial activities (SOFA) shows that unrestricted incoming resources amount to £116,025 (2024 £121,891). Unrestricted resources expended amounted to £120,294 (2024 £123,038) and net outgoing resources were therefore £4,269 (2024 outgoing £1,147). The principal funding sources are voluntary donations from congregation and investment income from CBF investment accounts. Restricted incoming resources were £26,325 (2024 £26,209) and expenses £29,866 (2024 £31,544) leading to net restricted deficit of £3,541 (2024 deficit £5,334). The principal funding sources are voluntary giving and investment income.

6

The Parochial Church Council of the Ecclesiastical Parish of All Saints, Evesham Report of the Trustees For the year ended 31 December 2025 (Continued)

Statement of Trustees’ Responsibilities

The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The 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 state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud or other irregularities.

The trustees are responsible for the maintenance and integrity of the charity 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.

Approved by the Parochial Church Council on 2026 and signed on its behalf by:

Clive Greedy Lay Chairman

7

Independent Examiner's Report to the Trustees of The Parochial Church Council of the Ecclesiastical Parish of All Saints, Evesham

I report to the members on my examination of the accounts of the PCC for the year ended 31 December 2025 which are set out on pages 9 to 27.

Responsibilities and basis of report

As the charities members 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

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:

  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.

Melissa Godwin ACA, ACCA The Richard Sandy Partnership Ltd Chartered Certified Accountants Thorneloe House 25 Barbourne Road Worcester WR1 1RU

8

Evesham Parochial Church Council Statement of Financial Activities for the year ended 31st December 2025

Incoming resources
Incoming resources from generated funds
Voluntary income (giving)
Voluntary income (grants)
Voluntary income (legacies)
Activities for generating funds
Investment income
Incoming resources from church activities
Total incoming resources
Resource expended
Costs of generating funds
Costs of generating voluntary income
Investment management costs
Church activities
Ministry Share
Governance costs
Total resources expended
Net outgoing resources
Other recognised gains/losses
Gain/(Loss) on revaluation of Investment Properties
Realised gain/(loss) on sale of investments		 Unrestricted
Restricted
YTD
Funds
Funds
Funds
2025
£
£
£
43,374
19,677
63,050
29,898
4,944
34,842
4,000
4,000
12,127
12,127
25,306
1,704
27,011
1,320
1,320
116,025
26,325
142,350
401
-
401
2,143
-
2,143
89,472
29,866
119,338
26,638
-
26,638
1,640
-
1,640
120,294
29,866
150,160
(4,269)
(3,541)
(7,810)
(67,000)
-
(67,000)
-
-		 Unrestricted
Restricted
YTD
Funds
Funds
Funds
2025
£
£
£
43,374
19,677
63,050
29,898
4,944
34,842
4,000
4,000
12,127
12,127
25,306
1,704
27,011
1,320
1,320
116,025
26,325
142,350
401
-
401
2,143
-
2,143
89,472
29,866
119,338
26,638
-
26,638
1,640
-
1,640
120,294
29,866
150,160
(4,269)
(3,541)
(7,810)
(67,000)
-
(67,000)
-
-		 YTD
Funds
2024
£
65,203
39,340
-
14,118
26,034
3,406
148,101
1,064
3,911
147,919
-
1,688
154,582
(6,481)
13,000
(20)
Unrealised gain/(loss) on revaluation of investments
Transfer from unrestricted funds to Restricted Bell
Tower Fund		 (1,117) (2,379)
(3,496)
361
-		 1,958
-
(361)
Net movement in funds
Reconciliation of Funds
B/Fwd Balance
C/Fwd Balance		 (72,747)
(5,559)
(78,306)
491,245
120,243
611,488
418,498
114,684
533,182
8,457
603,031
611,488

9

Evesham Parochial Church Council Balance Sheet as at 31st December 2025

Fixed assets
Tangible fixed assets
Investment properties
Investments
Current assets
Debtors and prepayments
Prepayments
Income tax recoverable
Debtors
Cash at bank and in hand
Interfund Loan
Liabilities:amounts falling due within one year
Creditors
Accruals for utilities
Parish share
Net current assets
Total net assets		 Unrestricted
Restricted
funds
funds
2025
2024
£
£
£
£
74,396
20,133
94,529
101,636
345,500
-
345,500
412,500
26,823
57,177
84,000
87,496
446,718
77,310
524,029
601,632
1,343
-
1,343
1,462
3,346
-
3,346
7,518
542
-
542
101
-
20,551
20,551
11,375
(16,822)
16,822
-
-
(11,592)
37,373
25,781
20,456
6,611
-
6,611
6,453
4,017
-
4,017
4,146
6,000
-
6,000
-
16,628
-
16,628
10,600
(28,220)
37,373
9,153
9,856
418,498
114,684
533,182
611,488
Funds 418,498
114,684
533,182
611,488

Approved by the PCC on the 2026 and signed on their behalf by:

Clive Greedy John Ellis Lay Chair of the PCC Church Warden

The notes on pages 11 to 27 form part of these accounts

10

The Parochial Church Council of the Ecclesiastical Parish of All Saints, Evesham

Notes to the accounts

for the year ended 31 December 2025

1. Accounting policies

The financial statements have been prepared under the Church Accounting Regulations 2006 in accordance with the Charities SORP (FRS102) ‘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 (FRS102) (effective 1 January 2019)’ and the Charities Act 2011. The Charity is a public benefit entity under FRS 102.

The financial statements have been prepared under the historical cost convention with the exception of investments which are included at fair value, as modified by the revaluation of certain assets.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

The accounts are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these statements are rounded to the nearest pound.

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.

Incoming resources

All incoming resources are included in the Statement of Financial Activities when the charity becomes legally entitled to the income and the amount can be quantified with reasonable accuracy.

Donated facilities and volunteer services

Donated facilities are included at the value to the charity where this can be quantified and a third party is bearing the cost. No amounts are included in the financial statements for services donated by volunteers.

Income from donations and grants

Income from donations and grants, including capital grants, are included in incoming resources when receivable (i.e. when the PCC is legally entitled to the amounts due) with the following exceptions:

When donors specify that donations and grants, including capital grants, are for particular restricted purposes, which do not amount to preconditions regarding entitlement, this income is included in incoming resources of restricted funds when receivable.

Voluntary income

Collections are recognised when received by or received on behalf of the PCC. Planned giving receivable under Gift Aid is recognised when received.

Income tax recoverable on Gift Aid donations is recognised when the income is recognised.

Income tax recoverable under the Gift Aid Small Donations Scheme (GASDS), introduced on 6th April 2013, is recognised based on donations received to date.

Legacies to the PCC are recognised when the PCC is legally entitled to the amounts due.

11

The Parochial Church Council of the Ecclesiastical Parish of All Saints, Evesham

Notes to the accounts

for the year ended 31 December 2025 (Continued)

Amounts received specifically for mission or for other charities are dealt with as restricted funds.

Income from investments

Dividends and interest are recognised when the charity is entitled to receipt.

Gains and losses on investments

Realised gains or losses are recognised when investments are sold. Unrealised gains or losses are recognised on the valuation to fair value of those investments.

Government Grants

The Charities SORP states that where the conditions attached to a grant are within the charity's control and there is sufficient evidence those conditions may be met, then the incoming resources should be recognised as incoming resource. Where uncertainty exists as to whether the charity can meet conditions within its control, the grant should be deferred as a liability until certainty exists that the conditions imposed can be met.

Other income

Sales of books and guides, funds raised by events, parochial fees receivable and other income are recognised when received. All incoming resources are accounted for gross.

Resources expended

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to that category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants and donations are accounted for when paid, or when awarded if that award creates a binding obligation on the PCC.

Parish share is accounted for when due. Any parish share unpaid at 31 December is provided for in these financial statements as an operational and moral (though not a legal) liability and is shown as a creditor in the Balance Sheet. Governance costs relate to the cost of the independent examination of the accounts. All other expenditure is recognised when incurred and is accounted for gross.

Fixed assets

Consecrated and benefice property and repair of such property

Consecrated and benefice property is not included in the accounts in accordance with s.10(2)(a) of the Charities Act (2011). All expenditure incurred during the year on consecrated or benefice buildings or on repair of moveable church furnishings is recognised as an expense.

Moveable church furnishings held by the vicar and churchwardens on special trust for the PCC, and which require a faculty for disposal, are accounted as inalienable property unless consecrated. These assets are listed in the church's inventory which can be inspected at any reasonable time. These assets are not valued as there is insufficient reliable cost information relating to such inalienable property and conventional valuation approaches lack sufficient reliability.

Functional fixed assets

Fixed assets other than investment assets and investment properties are not revalued. There is insufficient information available for assets acquired prior to 2002 and therefore such assets are not valued in the financial statements. All such expenditure has been written off when incurred.

Following FRS102 the cost of the land of the Church House extension is not depreciated.

FRS102 states that where an asset comprises a number of different components with differing life spans, then each component should be depreciated over its individual life span. The Church House extension comprises a number of different components (roof, structure, kitchen, etc). The historic cost of these individual components is not available while the total historic cost is known.

12

The Parochial Church Council of the Ecclesiastical Parish of All Saints, Evesham

Notes to the accounts

for the year ended 31 December 2025 (Continued)

Indicative allocation figures have been sourced with respect to housing from the National Housing Federation (NHF) (in conjunction with valuers Savills). While the Church House extension is clearly not a residential dwelling, the property is considered to be sufficiently comparable for these figures to be adopted as the basis for a reasonable allocation and the development of appropriate policies by the PCC. These policies have been reviewed and amended following professional guidance.

Church House comprises a number of different components each of which is depreciated on a straight-line basis with the following estimated useful economic lives:

Structure - 150 years Roof - 80 years Electrics - 25 years Windows & doors - 30 years Electrical heating - 30 years Bathrooms - 40 years Kitchen units - 25 years Church Chairs – 10 years

The useful economic life of selected components of the Church House extension exceeds 50 years. As per FRS102 these assets are subject to an annual impairment review performed either by the treasurer or by the Finance Committee. The heating system used within the church is depreciated on a straight line basis over an estimated life of 25 years. This policy has been revised with the asset life being extended from 10 years to 25 years reflecting professional opinion following the servicing of the boiler in 2012.

The church lighting scheme is depreciated on a straight line basis at 10% per annum (estimated life of 10 years). This scheme became operational in December 2008.

The heating system used in Church House is depreciated on a straight line basis at 10% per annum (estimated life of 10 years). This system became operational in December 2008.

Individual items of equipment with a purchase price of £500 or less are written off when acquired.

Investment assets

Investments are valued at fair value at 31 December. Unrealised gains or losses on revaluation are credited or debited to the fund to which they relate. Investment properties are valued at the trustee's best estimate of fair value. As the lease on the residential investment property is relatively short, this property is valued at comparable average property prices in a reasonable market. The valuation is based on a set of valuations, recent house sales of comparable local properties and Halifax house price inflation. Unrealised gains or losses on revaluation are credited or debited to the fund to which they relate.

Liabilities

Liabilities are included in the accounts as soon as recognised. Where a government grant has been received, but the related expenditure has not been incurred, then that grant is recognised as a creditor. Please note that such grants are repayable to the relevant grant-making body if the conditions of use are not met.

Provision for Liabilities and Charges

In line with SORP where the PCC has earmarked part of its unrestricted funds for a particular future purpose, this intention to expend funds in the future is not recognised as a provision for a liability in the accounts.

13

The Parochial Church Council of the Ecclesiastical Parish of All Saints, Evesham

Notes to the accounts

for the year ended 31 December 2025 (Continued)

Taxation

The Charity has charitable status and is thus exempt from taxation of its income and gains falling within Section 505 of the Taxes Act 1988 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that they are applied to its charitable objectives.

Funds

Reserves are held in order to support and advance the responsibilities of the PCC.

Restricted Funds

Restricted funds represent:

The funds may only be expended on the specific object for which they were given. Any balances remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis.

The PCC endeavours to ensure that costs which can be properly attributed to restricted funds are charged to those funds. Note 3 details the basis and movement of restricted funds.

Unrestricted funds

Unrestricted funds are general funds which can be used for PCC ordinary purposes. Funds designated for a particular purpose by the PCC are also unrestricted. Note 3 details the funds designated by the PCC (and where applicable detailing the reserve to be maintained) and transfers between funds.

Transfers between designated funds

Any deficit on the Mission & Liturgy Fund is met by transferring surplus amounts from the General Fund.

Any surplus of realised income over expected expense is transferred to the General Fund, and any deficit is addressed by a transfer from the General Fund.

The policy of the PCC is to hold a balance on the General Fund equivalent to twelve months expected general expenditure.

Financial instruments

The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised when the charity becomes party to contractual provisions of the instrument.

Financial assets are offset, with the net amounts presented in the accounts where there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Cash at bank and in hand

Cash at bank and in hand includes both cash and cash equivalents (being short term highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value).

14

The Parochial Church Council of the Ecclesiastical Parish of All Saints, Evesham

Notes to the accounts

for the year ended 31 December 2025 (Continued)

Basic financial assets

Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Basic financial liabilities

Basic financial liabilities, including trade and other payables, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of future receipts, discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of the operations from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction cost.

15

Evesham Parochial Church Council

for the year ended 31st December 2025

Note 2 INCOMING RESOURCES

Voluntary income (giving)
Planned giving:
Gift Aid donations
PGS Scheme
Income tax recoverable
Collections at all services
Other donations
Fabric box
Goodbox
Junior Church income
Voluntary income (grants)
John Martin's Charity
Worcester Diocese (Heat & Light)
Voluntary income (legacies)
Legacies
Activities for generating funds
Parish magazine sales
Parish magazine advertising
Sale of parish guides and books
Fund Raising/ Social Events
Hire of Church and Church House
Other income
Investment income
Income from investments
Interest on deposits
Commercial investment property
Residential investment property
Income from church activities
Fees
Total incoming resources		 Designated
Unrestricted
Mission &
General
Liturgy
Fabric
Fund
Fund
Fund
£
£
£
7,063
12,166
5,832
11,158
1,171
1,799
2,822
1,362
42,012
1,362
-
29,898
29,898
-
-
500
3,500
1
-
125
2,397
6,942
2,522
140
11,986
1
140
776
30
12,000
12,500
806
12,500
12,000
1,320
86,522
13,863
15,640		 YTD
YTD
2025
2024
£
£
7,063
9,292
12,166
11,698
5,832
4,684
11,158
8,055
1,171
1,134
1,799
1,502
2,822
2,395
1,362
1,962
43,374
40,722
29,898
39,340
-
-
29,898
39,340
4,000
-
1
115
-
228
125
126
2,397
1,938
6,942
6,975
2,662
4,737
12,127
14,118
776
810
30
20
12,000
12,000
12,500
11,475
25,306
24,305
1,320
3,406
116,025
121,891

16

Evesham Parochial Church Council

for the year ended 31st December 2025

Note 3 RESOURCES EXPENDED

Designated
Unrestricted
Mission &
General
Liturgy
Fabric
Fund
Fund
Fund
£
£
£
Fundraising costs
Cost of magazine
-
Cost of social events
401
-
401
-
Investment management costs
Rent collection for residential investment property
1,558
Property repairs of investment property
585
-
-
2,143
-
Church activities
Missionary and charitable giving:
Overseas
Home
-
Ministry:
Ministry / clergy expenses
581
Cost of services
980
Fabric costs
-
Insurance
1,065
5,241
Electricity and gas
12,938
5,282
Rent of Church House
1,800
Water Rates
209
209
Caretaking, cleaning wages and materials
1,568
12,510
Building maintenance
5,971
Surveyors fees
-
Depreciation
1,875
-
Music costs:
Organists salary, organ and music costs
3,854
952
Sound system repairs and maintenance
-
Support costs:
Office and secretarial expenses
25,033
Treasurer Fees
3,150
Cost of computer, printing, stationery, etc.
2,261
Photocopying costs
1,961
Other costs:
Safeguarding/DBS
-
Junior Church
1,364
Sundry expenses
667
-
52,528
6,780
30,164
Ministry Share
Ministry Share
26,638
Governance costs
Independent examiner's fees
1,640
Total resources expended
80,806
9,324
30,164		 YTD
YTD
2025
2024
£
£
-
779
401
286
401
1,064
1,558
1,447
585
2,464
2,143
3,911
-
-
-
-
581
492
980
1,111
-
-
6,306
6,303
18,220
16,921
1,800
1,800
419
354
14,077
14,376
5,971
31,178
-
-
1,875
1,875
4,806
7,459
-
-
25,033
23,381
3,150
3,600
2,261
2,244
1,961
1,898
-
72
1,364
1,191
667
2,120
89,472
116,374
26,638
-
1,640
1,688
120,294
123,038

17

The Parochial Church Council of The Ecclesiastical Parish Of All Saints, Evesham Notes to the accounts

for the year ended 31 December 2025

4 RESOURCES, TRANSFERS AND ANALYSIS OF ASSETS

Unrestricted
Funds
Designated Funds		 Unrestricted
Funds
Designated Funds		 Unrestricted
Funds
Designated Funds		 Unrestricted
Funds
Designated Funds
General
Mission &
Liturgy
Fabric
2025
2024
Total unrestricted incoming resources (Note 2)
Total unrestricted resources expended (Note 3)
Net incoming/(outgoing) resources before transfers
Transfers between funds
Net incoming/(outgoing) resources after transfers
Transfer to Restricted Funds
Other recognised gains/(losses)
Gain/(loss) on revaluation of investment property
Gain/(loss) on revaluation of investments
Realised gain/(loss) on sale of investments
Net movement in funds		 £
£
£
£
£
86,522
13,863
15,640
116,025
121,892
(80,806)
(9,324)
(30,164)
(120,294)
(123,038)
5,716
4,539
(14,524)
(4,269)
(1,147)
(9,985)
(4,539)
14,524
-
-
(4,269)
-
-
(4,269)
(1,147)
(361)
361
-
-
-
(67,000)
-
(67,000)
13,000
-
-
(1,117)
(1,117)
625
-
-
-
-
(6)
(4,630)
(67,000)
(1,117)
(72,747)		 12,472
Balance at 1 January 2025
Balance at 31 December 2025
Analysis of Assets
Tangible fixed assets (at Net Book Value)
Land of Church House extension
Church House extension structure
Church House extension roof
Church House extension fittings
Church House extensionelectrical heating
Church House extension bathroom
Church House extension kitchen
Investment properties
Commercial investment property
Residential investment property
Investments
Debtors and prepayments
Prepayments
Income tax recoverable
Debtors
Cash at bank and in hand
Interfund Loan
Creditors
Accruals for utilities
Creditor for Parish Share		 9,320
250,000
231,925
491,245
478,773
4,690
183,000
230,808
418,498		 491,245
15,000
-
-
15,000
32,568
-
-
32,568
1,887
-
-
1,887
-
-
-
-
-
-
-
-
281
-
-
281
24,660
-
-
24,660
15,000

32,847

1,927
-
-

320

26,178
74,396
-
-
74,396
76,272
-
-
162,500
162,500
-
183,000
-
183,000
-
-
26,823
26,823
1,343
1,343
3,346
3,346
542
542
-
-
(58,308)
41,486
(16,822)
(6,611)
(6,611)
(4,017)
(4,017)
(6,000)
(6,000)
162,500

250,000

27,940

1,462

7,518

101
-
(23,948)
(6,453)
(4,146)
-
4,690 183,000
230,808
418,498		 491,245

18

The Parochial Church Council of the Ecclesiastical Parish of All Saints, Evesham

Notes to the accounts

for the year ended 31 December 2025

5 DESIGNATED FUNDS

Mission & Liturgy Fund

The designated Mission & Liturgy Fund is used to support the work of the PCC in promoting the whole mission of the Church (pastoral, evangelistic, social and ecumenical) in the ecclesiastical parish of All Saints, Evesham, with St. Lawrence.

The residential investment property, the old curate's house, has been allocated to this fund. Rental income from this property is used to maintain this asset and also to support mission and liturgy work. Any excess of income over expenditure is transferred to the General Fund. Any deficit on the Mission & Liturgy Fund is met by transferring surplus amounts from the General Fund.

An amount of £4,539 was transferred from the designated Mission & Liturgy Fund to the unrestricted General Fund according to PCC policy.

Fabric Fund

The designated Fabric Fund is intended to support the PCC in its maintenance responsibilities for All Saints' Church and the Bell Tower.

As might be expected of buildings of their age, and despite regular maintenance, substantial liabilities arise from time to time regarding the fabric of these buildings. The existing investments, built up over many years through the goodwill and generosity of parishioners, have been assigned to the maintenance and upkeep of the church buildings. These investments help ensure adequate realised income to fund expected repairs, running costs and capital improvements. Unrealised gains are retained in the assets to ensure an adequate future asset base. Any surplus of realised income over expected expense is transferred to the General Fund, and any deficit is addressed by a transfer from the General Fund.

An amount of £14,524 was transferred from the unrestricted General Fund to the designated Fabric Fund according to PCC policy.

General Fund

All other accounts (assets, liabilities, income and expense) have been allocated to the General Reserve. This fund is maintained to cover any short-term excesses of expenditure over income, unforeseen rises in expenditure and other financial contingency, and to provide adequate working capital so that the operations of the PCC can be maintained at such times. Parish share is paid out of the General Fund. It is the policy of the PCC to hold a balance on the General Fund equivalent to twelve months expected general expenditure.

19

Evesham Parochial Church Council

for the year ended 31st December 2025

6 RESTRICTED FUNDS

Incoming resources
Voluntary income - giving
Grants
Investment income
Total incoming resources
Resources expended
Church Activities
Missionary and charitable giving:
Overseas
Home
Fabric costs
Bank Charges
Depreciation
Total resources expended
Net incoming resources being
net movements in funds
Other recognised gains/(losses)
Unrealised Gain/(Loss) loss on revaluation of investments
Realised Gain/(Loss) on disposal of investments
Transfer from Unrestricted Funds
Net movement in funds
Balances at 1st January
Balances at 31st December
Analysis of Assets
Tangible Assets
Deposits
Cash at hand and in bank
Investments
Balances at 31st December		 Restricted
Restricted
Restricted
Restricted
Restricted
Restricted
Bell Tower
Restoration
Collections
Carillon
Food Bank AW Education
Fund
Fund
Fund
Fund
Fund
Fund
£
£
£
£
£
£
-
880
18,796
4,404
540
-
1,655
50
4,404
1,655
880
590
18,796
-
367
64
19,300
4,532
370
1
5,233
4,533
5,602
431
-
19,300
-
(129)
(3,947)
449
590
(504)
-
(2,379)
-
361
232
(6,326)
449
590
(504)
-
(232)
102,536
129
134
16,844
830
-
96,210
578
724
16,340
830
20,133
-
-
-
-
-
-
18,901
578
724
16,340
830
-
57,176
-
-
-
-
96,210
578
724
16,340
830		 YTD
Restricted
Funds
2025
£
19,677
4,944
1,704
26,325
-
367
19,364
4,901
1
5,233
29,866
(3,541)
(2,379)
-
361
(5,559)
120,241
114,684
20,133
-
37,373
57,176
114,684		 YTD
Restricted
Funds
2024
£
24,481
-
1,729
26,209
-
100
25,742
469
-
5,233
31,544
(5,335)
1,333
(13)
(4,015)
124,257
120,242
25,366
-
35,319
59,556
120,242

Sources of Restricted Funds

The ‘Bell Tower’ fund contains the balance of grants and donations given to help pay for the conservation and maintenance of the Bell Tower. Interest on these monies are retained in this fund.

The fund had an income of £4,404 in the year and expenditure of £4,533. £361 was transferred from the Unrestricted General Fund to cover the deficit. The balance on the fund at the year-end was £nil.

The ‘Restoration’ Fund arises from a generous legacy given by Miss Sylvia Martin for church restoration in memory of her mother Mrs Cecilia Martin whose remains are interred here. The executrix of the estate wrote to the PCC in 2014 providing examples of appropriate possible expenses; including repairing the roof, rewiring the lighting system, or repairing the sound loop. The executrix commented: “I am quite sure that now – from a better place – Sylvia would approve whatever practical or even beautifying use was made of her money, provided that the work carried out could be ascribed by, say, a small plaque on the wall – as being in grateful memory of Cecilia Martin, who worshipped in this church, and her birth and death dates.” The PCC considers the “Restoration” fund to apply to both All Saints’ Church and the Bell Tower.

The fund had an income of £1,655 from investments and costs of £370 plus a depreciation charge of £5,233. The balance on the fund at the year-end was £96,210 after revaluation of the investments.

20

The Parochial Church Council of the Ecclesiastical Parish of All Saints, Evesham

Notes to the accounts

for the year ended 31 December 2025

6 RESTRICTED FUNDS (continued)

Sources of Restricted Funds

The ‘Collections’ Fund comprises collections for other charities. Income was £880 and expenditure of £431. The balance on the fund at the year-end was £578.

The Carillon Fund holds funds for repairs and maintenance for the Carillon. The fund had an income of £590 and no expenditure. The balance on the fund at the end of the year was £724.

The “Foodbank” Fund consists of donations received for the purchase of food and other household goods for distribution to those in need. This fund was classified as designated in prior years and the trustees have reclassified it as restricted in 2020.

The fund had an income of £18,796 (2024: £23,413) and an expenditure of £19,300 (2024: £24,378). The sum of £16,340 (2024: £16,844) is held in this fund to provide support for the foodbank.

The ‘AW Education’ Fund is a fund to honour the commitment of Mr Whitehouse to Christian evangelism and ongoing spiritual development. Its purpose will be to provide funding assistance for materials to be used in catechesis and other programmes of education in the Christian faith. There were no transactions during the year and the balance of the fund remains at £830.

7 COLLECTIONS

The following collections, made during the year are all restricted:

Collections per Restricted Collections Fund
Mission Morogoro
Caring Hands
Childrens Society
Angel Tree (Long Lartin)
Royal British Legion
Christian Aid
CRISIS
Mayor's Charities
RSPCA
Total		 Overseas
Home
Giving
giving
included in
included in
Total
Total
SOFA
SOFA
2025
2024
367
-
367
-
-
30
30
-
-
34
34
-
-
-
-
165
-
-
-
446
-
-
-
100
-
-
-
47
-
-
-
241
-
-
-
68
367
64
431
1,067
8
STAFF COSTS AND EMOLUMENTS
Gross wages and salaries
Pension Contributions
Total		 2025
2024
37,044
38,488
321
302
37,365
38,790

Number of employees was 4 (2024: 4) equivalent to 2.0 (2024: 2.0) full time employees. The PCC is currently exempt from the requirements of the Welfare Reform and Pensions Act 1999 to provide access to a stakeholder pension scheme as it employs fewer than five full time employees.

One employee is eligible to be enrolled in a stakeholder pension and this was actioned in April 2016. No employee received remuneration in excess of £60,000.

21

The Parochial Church Council of The Ecclesiastical Parish Of All Saints, Evesham Notes to the accounts for the year ended 31 December 2025

9 RELATED PARTY TRANSACTIONS

At the PCC Meeting held on the 19th October 2015, it was agreed that due to not being able to find a volunteer to act as PCC Treasurer that the post would be advertised and be a paid position. Mr J Liggitt of JL Accounting Services Ltd was appointed on the 1st November 2015 for a twelve month period at a fee of £4,480. Mr Liggitt was co-opted as a member of the PCC. Mr Liggitt's contract was extended in November 2016. From the 1st March 2019, the fees payable under this contract were reduced to £3,600 per annum and again in March 2025 to £3,000 per annum. There is an outstanding balance with this related party at the date of the Balance Sheet of £nil (2024 - £300). There are no provisions for doubtful debts, nor related write-offs, in connection with this related party.

Mrs S Greedy was appointed as Assistant Administrator in 2022 and was paid a salary of £5,696 in 2025 (2024: £5,677).

With the exception of the above, no member of the PCC nor any connected person received any remuneration from the PCC.

Three (2024: 9) members of the PCC, acting as agents for the PCC, made purchases on its behalf and were reimbursed a total of £755 (2024: £1,288) for those purchases. Some members of the PCC have also made donations to the PCC but the donors have not attached conditions.

The Trustees made donations to the Charity totalling £6,498 (2024; £3,480)

10 COST OF INDEPENDENT EXAMINATION AND OTHER FINANCIAL SERVICES

The amount payable to the independent examiner in respect of external scrutiny, for the year ended 31 December 2025 was £1,640 (2024: £1,600). The independent examiner was not paid for any other financial services.

11 FINANCIAL INSTRUMENTS

FINANCIAL INSTRUMENTS
Carrying amount of financial assets
Debt instruments measured at amortised cost
Equity Instruments measured at cost less impairments
Carrying amount of financial liabilities
Measured at amortised cost		 2025
25,781
84,000
109,781
16,628		 2024
20,456
87,496
107,952
10,600

22

The Parochial Church Council of The Ecclesiastical Parish Of All Saints, Evesham

Notes to the accounts

for the year ended 31 December 2025

12 TANGIBLE FIXED ASSETS

All restricted
Cost
At 1 January 2025
Additions
Revaluations
At 31 December 2025
Accumulated depreciation
At 1 January 2025
Charge for year
Disposals
At 31 December 2025
Net Book Value
At 31 December 2025
At 31 December 2024		 Church
Church
Church
Church
Church
Church
Church
Church
House
House
House
House
House
House
House
House
Church
extension extension extension extension extension extension extension extension
House
Church
Church
Church
land
structure
roof
electrics
fittings
electric
heating
bathroom
kitchen
heating heating lighting
chairs
Total
15,000
41,814
3,136
2,091
1,045
522
1,568
37,938
10,259
53,256
37,937
52,329
256,895
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
15,000
41,814
3,136
2,091
1,045
522
1,568
37,938
10,259
53,256
37,937
52,329
256,895
-
8,967
1,209
2,091
1,045
522
1,248
11,760
10,259
53,256
37,937
26,963
155,258
-
279
39
-
-
-
39
1,517
-
-
-
5,233
7,108
-
-
-
-
-
-
-
-
-
-
-
-
-
-
9,246
1,249
2,091
1,045
522
1,287
13,278
10,259
53,256
37,937
32,195
162,365
15,000
32,568
1,887
-
-
-
281
24,660
-
-
-
20,134
94,530
15,000
32,847
1,927
-
-
-
320
26,178
-
-
-
25,366
101,637

Church House is not owned by the PCC but by the "Trustees of Church House and Walker Hall". In November 1908 a legal document between the Queen Anne Bounty, Dr Walker (Vicar of All Saints), the Bishop of Worcester, the Ecclesiastical Commissioners and nine named Trustees, transferred the "Old Vicarage" (now called Church House) from the Benefice to the Trust. In December 1908 the Walker Hall was added to the Trust. The objects of the Trust are to manage the building which is to be used by the Vicar (or officiating minister) and the Trustees for divine service, Sunday School, class, meeting or lecture room for religious instruction or secular instruction under the control of the Vicar, clerical meetings or committees of any society connected with the C of E, and other meetings or other objects or purposes having in view the spiritual, intellectual, moral or social wants of members of the C of E which the Officiating Minister and the Trustees jointly think desirable. The extension to Church House is the property of the PCC and is under the sole care and responsibility of the PCC.

The Parochial Church Council of the Ecclesiastical Parish of All Saints, Evesham

Notes to the accounts

for the year ended 31 December 2025

13 INVESTMENT PROPERTIES

All unrestricted

Carrying value at 1 January
Gain/(Loss) on revaluation of investment properties
Market value at 31 December		 Residential
Commercial
Investment
Investment
Total
Total
Property
Property
2025
2024
£
£
£
£
250,000
162,500
412,500
399,500
(67,000)
-
(67,000)
13,000
183,000
162,500
345,500
412,500

Valuation of residential investment property

Per Charities SORP, and in line with FRS 102 the residential property was professionally revalued to market in 2019 and reviewed this year. As stated in last years accounts, the property was put on the market in 2025 at a price of a result of this review the property was revalued to £250,000 reflecting the market value in 2024. It is the intention to sell this property in 2025 and the property is sold, "subject to contract as at the year end for a price of £183,000. The value in the balance sheet has therefore been reduced to £183,000.

This investment property is held primarily to provide an investment return and is not programme related.

Valuation of commercial investment property

The Commercial property has not been revalued as there is not the level of publicly available data that there is for residential property. As the lease is due for renewal at the end of 2024, a revaluation has yet to be done and this will be done during 2026 along with the renewal.The Trustees believe that the current valuation is reasonable. The current value is based on a revaluation undertaken in 2019.

This investment property is held primarily to provide an investment return and is not programme related.

Historic Cost

Historic Cost
All unrestricted
Residential Commercial
Investment Investment Total Total
Property Property 2025 2024
£ £ £ £
Historic cost 79,882 22,016 101,898 101,898

24

The Parochial Church Council of the Ecclesiastical Parish of All Saints, Evesham Notes to the accounts for the year ended 31 December 2025

14 UK INVESTMENTS

Unrestricted

Income Shares
Carrying value at 1 January
Disposal of investments
Realised gain/(loss) on disposal of investments
Transferred to restricted
Unrealised gain/(loss) on revaluation
Market Value at 31 December		 Total
2025
£
27,940
-
-
-
(1,117)
26,823		 Total
2024
£
30,514
(3,193)
(6)
-
625
27,940

Restricted

Income Shares
Carrying value at 1 January
Disposal of investments
Realised gain/(loss) on disposal of investments
Transfer from unrestricted
Unrealised gain/(loss) on revaluation
Market Value at 31 December
Total Investments		 Total
2024
£
59,556
-
-
-
(2,381)
57,175
83,998		 Total
2023
£
65,043
(6,807)
(13)
-
1,333
59,556
87,496

The Charity Commission publication 'Charities and Reserves' (cc19) notes that in some circumstances there may be doubt as to whether a donation or legacy is a gift of income or endowment funds. This guidance goes on to note (p.15) that if any evidence exists, or can be inferred, from the circumstances of the donation or legacy, that a donor or testator had a specific intention one way or the other, the trustees must treat the gift or legacy accordingly. With this guidance in mind, a review was conducted in December 2013 of available documentation relating to the UK investment held by Evesham PCC.

The UK investments of income units relates to The Church Estate (St Lawrence)

The Church Estate (St Lawrence) fund was intended for "church expenses and upkeep" in connection with the Church of St Lawrence (per July 1927 form of application to the Charity Commission to authorize a sale). When this parish church was transferred to the Redundant Churches Fund (now called the Churches Conservation Trust) these funds were transferred to All Saints. This investment is still held.

In the light of the above it is clear that the UK investment of income units held by Evesham PCC are not restricted, the capital is available for use, and these funds are for general church purposes. Little documentation has been identified in relation to the history of the UK investment of income shares, but this is believed to relate to general church purposes for the parish.

25

The Parochial Church Council of the Ecclesiastical Parish of All Saints, Evesham Notes to the accounts for the year ended 31 December 2025

Notes to the accounts
for the year ended 31 December 2025		 Notes to the accounts
for the year ended 31 December 2025
15
DEBTORS
Unrestricted
Funeral Control Account
Sundry		 Total
Total
2025
2024
£
£
412
-
130
101
542
101
16
PREPAYMENTS
Unrestricted
Prepayments
Prepaid water rates (church)
Prepaid water rates (Church House)
Prepaid music copyright
Prepaid photocopier rental
Prepaid alarm system
Prepaid guard response
Prepaid Church House Insurance
17
CREDITORS
Unrestricted
Creditor for independent examiner
Creditor for treasurer
Weddings & Funerals Control account
Diocese Renounced Fees
Commercial investment rental creditor
Creditor for locking-up church
Creditor for Church House cleaning
Other creditors
18
ACCRUALS
Unrestricted
Accrual gas church
Accrual gas church house
Accrual electricity church
Accrual electricity Church House
Accrual electricity Bell Tower
Accrual Church House rent
Accrual telephone & Broadband
Accrual for Photocopier Usage		 Total
Total
2025
2024
£
£
54
48
54
48
341
294
100
100
258
264
-
180
537
529
1,344
1,462
Total
Total
2025
2024
£
£
1,650
1,600
-
300
630
630
32
271
2,750
2,750
61
81
-
306
1,488
515
6,611
6,453
Total
Total
2025
2024
£
£
1,000
1,169
400
439
472
375
222
217
71
46
1,800
1,800
-
100
50
-
4,015
4,146

26

The Parochial Church Council of the Ecclesiastical Parish of All Saints, Evesham

Notes to the accounts for the year ended 31 December 2025

19 FUNDS NOT INCLUDED IN THE ACCOUNTS

Bright Sparks, the Bellringers and the Choir accounts have not been included in theses financial statements as they are under the control of their own respective organisations.

Vicars and Churchwarden funds, and the Vicar's discretionary funds, are not included in these accounts as they are held on trust, being available independently of the church for distribution to the poor.

These funds are held in sepertate designated bank accounts from the bank accounts relating to the charities' funds.

20 CONNECTED CHARITIES

The "Friends of the Evesham Parish Church and the Bell Tower" (registered charity number 507102) is a charity connected to Evesham PCC. The objects of the society are "to co-operate with the Parochial Church Council in the preservation, adornment and general maintenance of the Evesham Parish Church and the Bell Tower, their activities and services, their ornaments and furnishings; to promote public interest in the Church and the Bell Tower, their history and their work."

The "Trustees of Church House and Walker Hall" is not a connected charity although the vicar is an ex-officio trustee and the trust administers Church House which is used by the PCC and Church Office.

The "Retreat House Trust" is not a connected charity. This Trust, which owns a property near Abbot Reginald’s gateway, exists to maintain that property and to provide support for All Saints' Church. The trustees of the charity "Trustees of Church House and Walker Hall" are also trustees of the "Retreat House Trust" with the exception of the vicar (who traditionally, as a potential beneficiary of the charity, is not invited to sit as a trustee).

The "John Martin's Charity" (registered charity number 527473) is not a connected charity although the vicar is ex-officio a trustee. The PCC is a recipient of grants from this charity which are provided under a scheme sealed on 28[th] February 1989 which provides that: "a further sum of not less than £50 but not exceeding 5% thereof [i.e. total income] in or towards defraying the expenditure incurred by the Parochial Church Council of the Ecclesiastical Parish of All Saints and St. Lawrence, Evesham, in maintaining and repairing the church buildings and in otherwise furthering the religious and educational work of the Church of England in that ecclesiastical parish."

The "Chapel of St Mary Magdalene" is not a connected charity although the vicar is an ex-officio managing trustee. Under a scheme sealed on 18[th] June 1992, the income of this charity, after first defraying the cost of managing its investments, is applied "towards providing and maintaining facilities for public worship at Evesham Community Hospital and otherwise furthering the religious and other charitable work of the Church of England in or near Evesham."

The "Evesham Abbey Bell Tower Appeal Trust" (registered charity 1152780) is not a connected charity although a past PCC treasurer is the chair, secretary and treasurer of that charity. Under the trust deed (dated 5th July 2013) the charitable objects are: "to promote for the benefit of the public the preservation, conservation, protection and improvement of the Bell Tower, Evesham, Worcestershire, including its fabric, furnishings, fittings and function" and "to advance the education of the public in the appreciation, history, function, conservation and preservation of the Bell Tower, Evesham."

27