Registered Charity Number: 1143466 PCC OF ST MICHAEL AND ALL ANGELS WITH ST EDMUND FINANCIAL STATEMENTS AND REPORT FOR FINANCIAL YEAR ENDING 31 DECEMBER 2025
THE PCC OF ST MICHAELAND ALLANGELS WITH ST EDMUND NORTHAMPTON FINANCIAL STATEMENTS AND ANNUAL REPORT FOR THE YEAR ENDING 318t DECEMBER 2025 INDEX Page Legal and Administrative Infomiation Report of the Trustees Independent Examinerfs Report ReIpts and Payments Accounts Statement of Assets and Liabilities Notes to the accounts 10-15
THE PCC OF ST MICHAEL AND ALL ANGELS WITH ST EDMUND NORTHAMPTON FINANCIAL STATEMENTS AND ANNUAL REPORT FOR THE YEAR ENDING 31st DECEMBER 2025 Page 1 Registered Charity Number. 114346 Address.. Parish of St Mich*1 & Ail Angels The Church Offi Perry Street Northampton NN14HL Ministry Team". Vicar.. The Revd Peter Heinrich Heffton- Chair {appoinled 03.03.25) The Revd Philip Munch SSM The Revd Alan March SSM The Revd Rachel Hetherington SSM (appointed 22.10.25) Warden of Emmaus House: Hon. Assistant Priest: Hon Verger. Church Wardens Marityn Mrichell Ann Dunkley Janice Grover Denise Campbell Parish Safeguarding Officer Parochial Church Council Chair Wardens.. Ann Dunkley Jani Grover Ann DuneY Secretary: Treasurer= Deanery Synod Reps.. PCC Members ChrFstine Linnett Marilyn Mrtchell Rodney Adhemar Joy Newman Marilyn Mitchell Barbara Smrth D•nis• Campb•ll Pery Thomas Barbara Smith Joy Newman Kate Leach Julia Barker John Browsell- (appointed 18.05.25)
THE PCC OF ST MICHAELAND ALL ANGELS MTH ST EDMUND NORTHAMPTON FINANCIAL STATEMENTS AND ANNUAL REPORT FOR THE YEAR ENDING 31st DECEMBER 2025 Page 2 Bankers.. HSBC Abington Street Northampton NN12AJ CCLA Investmerrt ManwJement One Angel Lane London EC4R 3AB IndeFendent Examiner. Lorraine Scullion MAAT 57 Bedford Road Brafield on the Green Northampton NN7 1BD
THE PCC OF ST MICHAEL AND ALL ANGELS WITH ST EDMUND NORTHAMPTON FINANCIAL STATEMENTS AND ANNUAL REPORT FOR THEYEAR ENDING 31st DECEMBER 2025 Page 3 Structure Governance and Mana ent STATEMENT OF THE AIMS OF THE PAROICHL4L CHRUCH COUNCIL The Incumbent and the PCC operate within the Parish. the Benefice of 'Christ Church and Sl Michael and All Angels hth St Edmund, of which it is part, and Greater Northampton Deanery in promoting the whole mission of the Church, in pastoral. evangelical. social, and ecumenical activrties. Wrth these aims in mirmj the PCC has rnet seven times. The maintenance of the church, halls and assoriated owned property is an ongoing commttment. managed partly directly and via commercial managing agents ensuring appropnate management of the Churches and CharÉbes assets. A standing commrttee exists of the Incumbent, Churchwardens and Treasurer for any urgent m*ters. MISSION STATEMENT-We are a Christian Church with a Liberal Anglo CatholicTradition within the Church of England. We seek to seprfe God. share the good news of the Gospel. and serve the local communty and i)ne another through faith. worship, arKJ prayer. ointment of PCC Membeys Members are appointed at the Annual Parochial Church Meeting by all those on the electoral roll. Summa of 2025 After a lengthy vacancy of almost three arKI a half years, The Reverend Peter H. Heffron BA was installed as Priest in Charge on 3rf March 2025 with oversight for the parish and the parish of Christ Church, Northampton. On the 1° April, following proposed and accepted pastoral reorganisation of Greater Northampton D8anery the two parheS legally became a new joint benefi. 2025 has been a year of fomiation and foundatK)n building for the new benefice. A shared ministry involving Reverend Peter HeTron, Reverend Rachel Hetherington. who was licensed to the Benefi on 22rwJ October and Reverend Aan March. wtth support from Reverend Philip Munch, who runs the House of Prayer has been established. Various new Servi have taken pla, induding opporbjnrlies for joint Benefi worship. Holy Week was a significant opportunty to share in the entire week with Christ Church. Additional VkdaY servi$ have been introduc£d induding moming prayer every Tuesd•y. Other opportunitie3 have induded eged with local S)1$.
THE PCC OF ST MICHAEL AND ALL ANGELS WITH ST EDMUND NORTHAMPTON FINANCIAL STATEMENTS AND ANNUAL REPORT FOR THE YEAR ENDING 31S1 DECEMBER 2025 Page 4 The parish has engaged in LYCIG (Leading Your Church into Growth) in October with a view to using its contents to assist in building over the future. Healing Prayer Group- Meet monthly to pray for the SICK Sed by Reverend Alan March. The Church Halls are used by regular groups, induding for worship by the Church of God of Prophesy. The churth is also shared for worship wrth the Romanian Orthc*Jox Church. The Romanian Orthodox Church 4ed by Fr Horin Simionca. who share the church with us by faculty. They meet weeY on Sundays after the Anglican Congregation at 11.30am for their Liturgy. They also use the church on mt)st Saturdays for Baptisms and Idveddings. The Northampton Philharmonic Choir- Rehearse weekly on Tuesdays perfom) regulariy at the church. ELECTORAL ROLL 23 SUNDAY ArfENDANCE 20 Financial Review There are four blocks of property owned by the Parssh. a) The main church srte bounded by St Michaels Mount, Pery Street. Magee Stre8t and Tumer Street. b) The property known as 193 Wellingborough Road c) St Edmunds Churchyard on Wellingborough Roaj d) 631 Wellingborough Road a) The Main Church Site This consists of. 1. A parcel of land about one acre in whith is set St Michael's Church. 2. The Pansh Halls facing Tumer Street belong to the Sunday School Trust 3. The two properties 7 & 9 Magee Street. At Present let as industrial units and managed by Budworth Hardcastle Ltd. Pem)ission to sell andlor develop these properties has been given by the PDBF. 4. The Molly Terry Building- The Church Offi. lIt wrlh fvnds from the Geroge Terry Fund. 5. The Emmaus House of Prayer converted Sunday Schoovchoir Rooms with funds given by Reginald and Elsie Jewers. b) 193 Wellingborough Road This consists of three properties 193a to c. The [mbering is consistent with a count running eastwards. 1. 193a WellingtM)rough Road- a small retsil unit at present and Indian Restaurant. 2. 193b Wellingborough Road - a larger retail unit now used as a Kitchen Shop 3. 193c INellingborough R¢)ad - Restaurant These units are managed kn the by BTG Eddisons. KetteriNJ. Northants.
THE PCC OF ST MICHAEL AND ALL ANGELS WITH ST EDMUND NORTHAMPTON FINANCIAL STATEMENTS AND ANNUAL REPORT FOR THE YEAR ENDING 31st DECEMBER 2025 Page 5 c) St Edmunds Church Yard This is a dosed graveyard where St Edmunds Church used to stand. It is now maintsin8d by the Borough Council. d) 631 Wellingborough Road. A four bedroomed detached property used as a Vicarage before 94 St Georges Ave was purchased by the Di0se. This Fwperty longS to the George Terry Trust and it is presently let out arKI managed by Jackson Grundy Lettings on behalf of the parish. TRUST FUNDS Whitworth House Trust- The Fxoperties let as retail unitslrestsurants. 193 a,b,& c Wellingborough Road - Receipts for general parish use. st Michael with St Edmund Building Fund - endixVMe from sale of old St Edmunds Hall most used for St Michaels Parish Hall Extension in 1984. Interest paid to the PCC. The Sunday Sth¢)ol Trust- Charity No. 309742 - The protErty known as St Michaels Church Rooms and Emmaus House of Prayer. ReiptS for general parish use. The George Tery Fund- The bulk of this endowment is in the property 631 Wellingt4)rough Road. Interest and rents for general pansh use. Curates Fund (70 Birchfield Road)- endorynent for curate's house- interest paid to PCC for general parish le. Canon Cunningham Bequest- a small endowment for the upkeep of the Cunningham graves in St Edmunds Church Yard. THE PARISH ROOMS - Sunday Trust Property Charity No. 309742 - This i8 managed by the parish as communrty rooms. EMMAUS HOUSE OF PRAYER- Sunday School Trust Property Charity No. 309742- run by the parish as a House of Prayer for visttors seeking a period of quietness and reflection mainly for day retreats. The Warden is Fr Philip Munch who is non-stipendiary and supported financially by St Michael's in his work. THE PARISH OFFICE- the parish office is uiilised wkly.
THE PCC OF ST MICHAEL AND ALLANGELS WITH ST EDMUND NORTHAMPTON FINANCIAL STATEMENTS AND ANNUAL REPORT FOR THE YEAR ENDING 31st DECEMBER 2025 Page 6 Reserve and Investment Policies The current reserve policy is to maintain sufficierrt cash fl(yw to meet known commrtments. Public Benefft The communrty and general public are invrted to attend public worship on Sundays and in the week. We also host several chnsts.an CommunrtEs from drfferent parts of the workl. The Communty Rooms are available for bookings 2nd used widely by many MMUnty groups for social actNits'es. Plans for the Future The Parish continues on ivs development during 2026. Increased pattems of worysttip are to be inlroduced along with new communty engagement initiatives. This report was approved by the trustees at a management meeting held on 27th April 2026 and signed on their beha Revd Peter Heinrich Heffron BA- Chair
Independent Examinerfs Report to the Trustees of: ST MICHAEL AND ALL ANGELS wrrH sr EDMUND N(XiTHAMPTON Registered Charity Number. 1143466 Page 7 I report on the accounts of the Chartty for the year erKled 31 July 2025, which are set out on the attached pages 8 to 15. Respectlve responsibilities of trustees and examlner The trustees are responsible for the prepardtÈon of the accounts. The trustees consider that an audit is not required for this year under section 144 {21 of the Charities Act 2011 and that an independent examination is needed. It Is my responsibiltty to= Examine the accounts under section 145 of the Charitles Act 2011 and sectK)n 4llllcl of the Charities Act
Follow the procedures laid down in the generdl Direttion5 given by the Charity Commission lunder sertion 14515llb) of the 2011 Att. State whether particular matters have come to my attentlon. Ba515 of independent examinerf5 5tatenient My examination was carried out in accordan with general direction5 gNen by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented wtth those records. It also Includes consideration of any unusual items or disclosures of the accounts. and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audtt and consequently no opinion is given as to whether the accounts present a "true and fair vteb¢ and the report is limited to those matters set out in the statement below. Independent Examinerfs Ststement In connection with my examination. no matter has come to my attention: l. Which gives me reasonable cause to believe that in any material respect, the requirements: To keep accounting records in accordance with section 130 of the 2011 Att: and To prepare accounts which accord with the accounti records and comply wtth the accounting requirements of the 2011 Act, wtth the methods and principles of the Statement of Recommended PraCtI-. Accounting and Reporting by Charities have not been met- or 2. To which. in my opinion. attention should drawn in order to enabFe a proper understanding of the accounts to be reached. Lorraine scullion MAAT 14, May 2026
THE PCG OF ST MICHAEL AND ALL ANGELS WITh ST EDMUND NORTHAMPTON REGISTERED CHARITY NUMBER 1143466 RECEIPTS AND PAYMEPWts AccouTrrr FOR THE YEAR ENDED 31¥t DECEIABER 2025 Page 8 2024 Total Re¢eipts Volunlary Income. d0Th81ions LogacS 6.762 8.142.00 2.742 33.890 105,622 157.158 3.IM1 21217 107.184 138,699 &011 21217 107.184 IW699 otr In¢¢)me Total Receipts forthoyear Payments Direct Costs Running Costs- ChuFch Payrnts lo other Charth"es * n,320 52,298 85,769 29,855 1.020 18,542 31,698 146,884 5.126 13.448 18574 23.823 167.835 Total payTh8nt8 forthe Y88r 154387 13A48 Ilet Recelpts l(PaJrynartsl boforntran8f• Tra7sfer beh¥een funds {15.6881 {13.448) I29.1) 10.274 Nel Gainsllk)&8esl on NeStMe1 (3,076) 13.076} Net rnoveMe In fuThls Balar at 31st December 21r24 115.688) 449,132 116.524) (312121 1287.285 1.n6,417 11.996 1.724.421 Bthn¢¢ at 31ot l)o¢wnlJer 2025 I0.761 1.704205 1.73Q417
THE PCC OF ST MICHAEL AND ALL ANGELS wrrH ST EDMUND NORTHAMPTON REGISTERED CHARrrY NUMBER 1143466 STATEMEKf OF ASSEtS AND LIABILMES FOR TrIE YEAR ENDED 31st DECEMBER21)2S Page g 2025 2024 Tang>ble FNed Assets io 11 t2 13 14 1.196.8f2 1.577.792 2.417 2.417 1A95,520 2,517 1,942 20,679 51,827 3,980 297 Inv8slm•nt Shares. Curatas Fw Investrnt Shw. St Ethnund BhJ9 CBF Deposit. Northawon CBF Deposrt. Npkn Tery BeqLE HSBC. CwrentA(JxrtYrt 19.852 49.755 19.852 49.75 4.231 310 4231 310 128 38.126 583 1.270,T61 1.YO4.789 37,092 15 434.028 1.741.459 LTbilitles Sundry Crethto 16 P,482) 12,4K2} 12WI 110,4541 110.4541 431,546 1,270.761 1.701307 1.731,005 Funds untctAl De81g$1 Fund8 Endtrmnerrt Fund& 17 a).252. t8 3.1W2. 19 430252 3.7¥2 1270.761 1270.761 1370.761 1,704205 445,940 3.192 1.287,285 1.736,417 Revd Pètèr H*nrich H•ltron BA Mari1 K¥rtcaJell TTeaour•r
THE PCG OF ST PAICHAEL AND ALL ANGELS YirrH 8T EDPAUND NORTHAMPTON REGISTERED CHARrrY NUMBER 1143466 FOR THE YÉAR ENDED 31st DECEMBER 2025 Notes to the A¢counts Page 10 A¢eounting Polle The finanoal st8t8Tnerhtsofthe PCC. is a pul)k bffi FRS 102. IAve b prepareil in aw)rdaryzwilh the Chwsbes SORP (FRS 1(r2)'AOnknry and Repclir¥J ty Chth. ststement ofRÉ(xJmmen(W Practi(% applicgbl&to cheS W8F4ring theircoun in xo)rdan ith Ihe FlThanoal RewrbryJ stanr appficab18 the UK )d ReIA ol Ireland IFRS102) lelYe¢tlv8 1 J8nu8ry 20191 General fvnds unrestrided fijnds are 8¥818bkn for use at ofthg PCC. In ofthe general objeebves ofthe thurth. Designated funds o)mpnse unrestricted tur¥Jsthai have ien set aswje by the PCC. for parthjdar purposes. The aim and use of each desnated fuThJ k% Set LKrt in Ihe rKrt&8 to ALxcwJrts. or which have teen taised by the PCC. for FxKtN)sas. The ac¢ount5 Incl18 811 trarnxtiork8, a88ets and f11e3 the PCC ks rrsrmible tr in Iw4. Ttw do not indude Ihe accmnts of thurth groups that rA¥e their rrrain 8ffiliatb)n to ¥noiher tody nttt I1 of intoml gatherings of Churth membe[& Ix8d assotg Short life a8¥eL8vriII be depreryated 2 year8 FreeId Propgrty 2% 5tr8iohl mellKxl Long lrfe assets 25% stratht lirft mej Income Income is brought irttoth8 accourts rn WVable basis in the year in wthith il is rec•N•d Intangible Income lntsng1b in(Th)è in fom ofdwbYf¥cldies and induded Th1lheAeo)u it ExpendibJrE ExpwKIitufè Is statéd indusr¥ ofblue addèd is Into account•i the in 15 Fad. Costs are all(xxted lo fvnctiord headuws on the of ¢frec# on a and F8a50natAe ba$. Reseple Policy fic PUFposes.
THE PCC OF ST MICHAEL AND ALL ANGELS wiTh sr EDIIUND PIOlmlAIAPTON REGISTERED CHARtrY NUMBER 1143466 FOR ThE YEAR ENDED 31st DECEIIBER 2025 Page11 2025 N)t• 1 CdlÈ(ons and Gmng Pari8h (kn"rvJ StheN 1.618 2.541 8,142 635 14,904 HMRC- GÉft Aid 7287 7.287 Nots2 Charftsble Actlvltles Fees for WeddlTrJ8, Funer81s ei¢ HI of Hall and Church Romanian Orthc¥Jox Church InSurarA ¢laim- Organ 0th8r Irrf>3m8 Sl Crisptn GroE 1,254 13.132 13,132 13.gt8 8,460 11.(A8 271 271 2C 21.217 21,217 33,890 107.184 11YI,184 107.184 107.184 105.622 105.622 Note 4 Diwect Costs Parish Shar8 34.121 34.121 1.420 18218 1.714 Salaries ChuFth S8r¥ices OffJanr6t & Choir & Pd>liThi¢it 16262 16,2&2 1,882 12201 1.170 1,170 3.(h17 245 3.047 245 Clry expenses Bank Charg85 71 915 14.1 212 65,769 Organ ReFOW Othef ¢osts 1,817 r2320 1.817
THE PCC OF ST MICHAEL AND ALL ANGELS IwfH ST EDMUND NORTHAMPTON REGISTERED CHARtrY NUMBER 1143466 FOR THE YEAR ENDED 31¥t DEC&IABER 2025 Notes to the kGounts Page12 2025 2024 Totsl Note S Runnlng Costs Repair5 arka maintenan Insurancè 14M) 14,290 9,022 4.730 10,781 711 3.¢r21 1.590 29,855 Heat and Light Cl¥aniNJ maintenan LrfcIxChYd Watar rates 26,024 28,24 1.467 3.578 cA)natl0 St Qispin (knip of Chuwd 1.020 1.020 1,020 Olher E¥pondlturg Quinquennial SuNey ldepeftt EyAmin8bon PayrolW)8nsion Charg8S 251 17,728 18,542 13,448 13.448 17.728 18.574 5.126 Note 8 Agents Letting Fees Legal and agency fe68 Repairs & Maintenan Insurance 7.146 9.300 8282 8,971 31,698 8.391 23,623 Not• 9 Employrngn¢Ctts Gross sJarks Empwer Nl 10202 10202 12.20fj 16262 16x2 12.201 Thèr& we no empbsws being pa4 in excess of£60,Cth) per The average numtrer ¢)femphyees dthfjrYJ 7¥as 2.5{2252} Durfng the year the Inthes rK) rem4Hwalh)n P024JiiD. Th8 trAal ey¥ reimburs to trustees amLwrts to IW24J)d)
THE PCC OF ST MICHAEL AND ALL ANGELS virrH St EDMUND NoimiAMPTON REGISTERED CHARrrf NUMBER 1143466 FOR THE YEAR ENDED 31st DECEMBER 2025 Notes to tho A¢¢ounfs Page13 Not•lO Property Property 2025 2024 Total Brought foThbwd Addition8 Dispo581s Caffied Fon¥ard 1.344.8£ 1.7r2,8CQ 1.772.800 428.C 1,344.KK) 1.772,8 1,n2.800 Brought foThvard Chargefory Dksposats 1.480 177 13,448 17,728 159,552 17,728 47.( 147. 195,C 177.280 Nèt Book Value Ba18rKe 8131.12.25 1,1%,872 1.5TT,792 1.595,520 Nots 11 Marketval 2025 CBF Investn79nt. Torry Fund Co¥torValuation At 31 DeL%mber 2024 Unrealised gafjnslOosses} cffj Realised gainslQosses) At 31 Decem 225 1.(M8 2,517 {1 2,461 1.fr18 1417 2.517 N+* 42 At At Market Value 2025 CBF InvestThnt. Cunnlngham Beq Cost or Valuation At 31 Drnber 21r24 Unrealised 9a&nslOostesl on vthMbL¥t ReI8&d gainslQosses) Al 31 Dember 2025 2024 785 1.942 1,899 1.942
THE PCC OF ST MICIIAEL AND ALL ANGELS wmi ST EDMUND NORTHAMPTON REGISTERED CHARrrY NUMBER 1143466 FOR THE YEAR ENDED 31st DECEMBER 2025 Noteg to the Accounls Page 14 Note 13 CBF Investm. Curate¥ Fund Cost or Valuatlon At 31 DemIr2024 Un35¢{1 gatnsloosses) on valtMtKX Realised gaInk)sSes) At 31 I)mer 2025 2025 9,143 20216 463 {82T) 9,143 19.852 20.679 NLrte 14 At Marketvalue 2025 CBF In¥eslrnent- St Ethiurml Bld9 C¢Etor Valuation At 31 Drnher24 Urffealised ga4)gikns¢5) vak Rèalisad gair{sSeS) Al 31 Dec•rnLw2tr25 2Q24 51,827 12.072) 50,687 1,180 61972 49.755 51.827 Realised 202S 2024 Total Not815 HMRC 4.625 417 S,042 417 417 Not• 16 (r Cralitry8 {1,4} (70 (1,4 16,5611 (3,293) {10,454 P,4K21 12,482)
THE PCC OF ST MICHAEL AND ALL ANGELS m ST EDMUND NORTHAMiYfoN REGISTERED CIIARrrY NUMBER 1143466 FOR THE YEAR ENDED 31st DECEIABER 2025 Not•s to the Ants Page15 Note 17 UnTe8trlctsd Funds B•lance Tr•n8feY$ 31.12.25 01.0125 Gener81 Rae 445.940 138,699 1154.387) 445.940 138.699 11543871 430,252 430,252 Nots 18 Deslgnal•d Fund BalanGe @ Transfers 31.1125 01.0125 In 3.1¥2 3.192 3.192 3.192 Note 19 EndovfftRnt Funds Balonce Transler$ 31.12.25 01.012J CBF InvlNrrt. rcrye Tery FtTh1 CBF Invethrt. Curffltrtr WEÈSt CBF Invesknent. CEwate8 Fund CBF Invegimenl. St Ethnund BlthJ 631 We[ringtvJh R(d 1517 {1(Xl) 2.417 20.679 51.827 193.320 1.017.IXK) 1.287.285 19,852 49,755 191,772 1.005,700 1,270.761 K072) 148) {11.3(X)) {16A24) gweral parish use Cunningham Bequest_ forthe up keep of th8 Cunrmgham gmes in St E(knurNJs chuth YTd Curates FurKI. Curates Hre. Intwgst p3id ror¢h use St Edmund Btdg. En(b)VKfrn the softhe St Edmund Hall. InteSt pahJforg&wd ra? use. 831 WellingLNMvJh Road. se Tery