## **CHRIST CHURCH NAILSEA PCC** 

**ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025** 

## **Registered Charity No. 1145020** 

John Bickerstaffe (PCC Treasurer) 15 Allington Gardens Nailsea North Somerset BS48 4RQ 



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## **CHRIST CHURCH NAILSEA PCC** 

## **ANNUAL REPORT FOR THE YEAR ENDING 31 DECEMBER 2025** 

The Parochial Church Council of Christ Church, Nailsea (“the PCC”) presents its Annual Report and Financial Statements for the year ended 31 December 2025. 

## **ADMINISTRATIVE INFORMATION** 

**Full Parochial Name and** Christ Church, Nailsea (in the Benefice of Christ Church, Nailsea **Location:** and St Quiricus and St Julietta, Tickenham). The church is located on the corner of Stock Way North and Christ Church Close, Nailsea, North Somerset. **Charitable Status:** The PCC (whose members act as Trustees) is a Registered Charity Number 1145020. **Correspondence:** The Church Office, Christ Church Close, Nailsea, North Somerset, BS48 1RT **Bankers:** HSBC Bank plc, 62 White Street, Cabot Circus, Bristol, BS1 3BA **Independent Examiner:** Mr P J C Winter, Winters Consulting, 59A North Street, Nailsea, North Somerset, BS48 4BS 

## **MEMBERSHIP OF THE PAROCHIAL CHURCH COUNCIL (PCC)** 

Members of the PCC are nominated and elected annually by the Annual Parochial Church Meeting in accordance with the Church Representation Rules.  During 2025 the following served as members of the PCC.  Members who also sat on the Standing Committee (SC) are indicated. 

|**Rector**|Reverend Nicki Bradford|
|---|---|
|**Reader**|Richard Wheller|
|**Churchwarden**|Elizabeth Everitt (PCC) (SC) up until June 2025<br>Steve Bradford (PCC)(SC) from July 2025|
|**Deanery Synod**<br>(to serve up to 31 May 2026)|Elizabeth Everitt<br>Chris Mahony<br>Val Clifton|
|**Elected members**<br>(served up to 2025 APCM)|Derek Slee|
|**Elected Members**<br>(to serve up to 2026 APCM)|John Bickerstaffe (PCC Treasurer) (SC)<br>Rebecca Collard (SC)<br>Jill Martin (PCC and SC Secretary)<br>Sandra Whiting|
|**Elected members**<br>(to serve up to 2027 APCM)|Tina Hellawell<br>Malcolm Pemble<br>Gemma Searle<br>Margaret Stanton|
|**Elected members**<br>(to serve up to 2028 (APCM)|Annette Lucas<br>Caren Mitchell<br>Bobbie Shannon<br>Brian Slater|



1 



## **STRUCTURE, GOVERNANCE & MANAGEMENT** 

The PCC aims to meet bi-monthly to discuss matters of Council policy and to consider wider issues concerning the church and its role within society.  The Standing Committee, appointed by the PCC after the APCM, usually meets between full PCC meetings to discuss and deal with items relating to the dayto-day running of the parish.  The PCC met regularly in January, March, April (immediately after the APCM to elect the Secretary and Treasurer), June, July, September and November and the Annual Parochial Church Meeting (APCM) was held on Monday 28 April 2025. 

The PCC operates through a number of committees, which normally meet between full meetings of the PCC.  The Standing Committee is the only committee with the legal power to transact the business of the Council between full PCC meetings.  Other committees that met during the year and reported back to the PCC were the Fabric and Buildings committee, the Social and Events group and the Children’s Ministry team.  Further reports are normally provided to the PCC from representatives who attend the meetings of Christians Together in Nailsea and District and Deanery Synod. 

## **AIM AND PURPOSE** 

The PCC has the responsibility of co-operating with the minister in promoting the whole mission of the Church, pastoral, evangelistic, social and ecumenical, in the ecclesiastic parish. 

## _‘_ Our Mission Statement is _**To know Christ and to make Him known’** ._ 

## **OBJECTIVES** 

The PCC is committed to enabling as many people as possible to worship at our church and to become part of the Christ Church community. The PCC maintains an overview of worship and tries to enable ordinary people to live out their faith as part of our parish community.  Our services and worship put faith into practice through prayer and scripture, music and sacrament. 

When planning our activities for the year, the Charity Commission’s guidance on public benefit is considered and, in particular, the supplementary guidance on charities for the advancement of religion. We try to enable ordinary people to live out their faith as part of our parish community through: 

- Worship and prayer; learning about the Gospel and developing their knowledge and trust in Jesus 

- Provision of pastoral care for people living in the parish 

- Missional and outreach work 

## **ACTIVITIES AND PERFORMANCE** 

## **Worship, Prayer and Mission** 

The PCC are keen to offer a range of services during each week and over the course of the year that our community find both beneficial and spiritually fulfilling.  We held services at 8.30am and 10.00am each Sunday together with a short service of Morning Prayer on Mondays and Saturdays. A short communion service is also held on alternate Thursdays immediately after the weekly lunches held in the Vestry Hall. Some of our services provide a quiet, intimate and reflective environment for worship whilst at the other end of the spectrum opportunities are provided to engage in more outgoing worship at our ‘first Sunday of the month’ 10.00am services. 

All are welcome to attend our regular services.  At the end of 2025 there were 108 parishioners on the Church Electoral Roll of whom 65 were resident in the parish. The Electoral Roll had a major revision in April 2025. The number of Sunday worshippers is assessed each year and In 2025 it was assessed that our Worshipping Community comprised 98 adults and 5 under 18s. In 2024 the equivalent figures were 100 adults and 6 under 18ss 

We enable our community to celebrate and thank God at the milestones through life.  We celebrated 2 baptisms, held 10 funerals or memorial services in church and officiated at 5 funerals at local crematoria. 

## **Activities and Teaching** 

A number of successful events were organised during the year which were locally advertised and open to the public. They raised funds for the day to day running the Church. They included several musical events and concerts and our regular summer fete. These activities were well attended by people who were not members of our congregation. 

‘Tots at Christ Church’ met twice a week during term time on Tuesday and Thursday mornings. This is a very popular parent/carer and toddler group. Due to staffing issues, this group will only be held on Thursdays with effect from January 2026. At the other end of the age range a ‘Game On’ event was held fortnightly on Tuesday afternoons where activities are provided for the more elderly parishioners and, where appropriate, their carers. These events are open to all-comers and are managed and staffed by volunteers from the wider church family. 

2 



Services were held at Argentum Lodge, a local Care Home, generally on alternative months with members of the church assisting. The services are well attended and enjoyed by the residents. Regular Holy Communion services were also held at Silver Trees Care Home and Bucklands Retirement Apartments. 

We continued to open the Vestry Hall on Thursday lunchtimes to provide a free Soup and a Roll lunch for all-comers. This was originally part of a national ‘Come in from the Cold’ initiative and has been continued. As mentioned above, a short service in church was introduced to follow on from the lunch. 

A six week Lent Course was held prior to Easter and a Book Club studying selected books from a Christian perspective met throughout the year. 

Three bible study groups met during the year. 

Further information on the numerous activities and events that are held throughout the year can be found in the annual _‘Christ Church Story’_ which is published immediately prior to the Annual Parochial Church Meeting (APCM) held in April each year. Copies can be requested from the parish office. 

## **Deanery Synod** 

Three members of the PCC sit on the Deanery Synod.  This provides the PCC with an important link between the parish and the wider structures of the church. They provide feedback to the PCC. 

## **Safeguarding** 

The PCC has complied with its duty to have regard to House of Bishop’s guidance on safeguarding children and vulnerable adults. There have been no serious incidents of the type requiring us to report to the Charity Commission. 

## **The Church Building** 

The PCC would like the church to be open to our community for private prayer.  Unfortunately, because of its town centre location, it is not considered possible to leave the church open at all times.  However, the Church is open for private prayer each weekday morning when the adjacent benefice office is open and on Saturday mornings when the Vestry Hall is open to the public for morning refreshments. 

Some years ago, the PCC resolved to re-order the Nave of the church to enable more flexible use of the building by church and other groups and organisations. The key element was to remove the remaining fixed pews to provide a more useable, open, interior. Considerable preparatory work by a small working party assisted by our architect took place and has been reported on in previous annual reports. This finally culminated in a faculty for the work being granted by the Diocese in March 2021 which has been subsequently renewed. It has now been decided to implement the scheme in stages due to difficulties with fund raising. The estimated cost of the first stage of the works is in the order of £120,000.. 

Some minor masonry repairs were undertaken to a loose coping in the vicinity of the Vestry. These repairs were identified in a recent Quinquennial report. 

Two wall mounted fan assisted radiators were installed in the Vestry Hall during the year following the granting of a faculty by the Diocese. 

## **Pastoral Care** 

Some members of our parish are unable to attend church due to sickness or age.  There is an active Pastoral Care team who work under the guidance of the Rector when in post. The team members visit, phone, listen to and pray with the house bound, the bereaved and anyone of the church family who needs a listening ear. There are also teams of two who take communion to homes after a Communion service held on the morning of the second Wednesday of each month. 

## **Ecumenical Relationships** 

The church is a member of Christians Together in Nailsea and District (CTIND).  This organisation includes the Baptist Church, the Methodist Church, Southfield Road Evangelical Church, United Reformed Church, the Roman Catholic Church of St Francis and the Anglican churches of Tickenham, Holy Trinity, Trendlewood, Christ Church and All Saints, Wraxall & Failand.  ‘Prayers for Nailsea’ takes place on the first Tuesday of the month at Holy Trinity church. 

CTIND undertake a wide range of joint projects, holiday clubs, support for Wellspring a local counselling service and many other activities during the year.  All their activities are open to members of the public. The Town Chaplaincy Team, led by Nicki and including members of our congregation and other churches, continued its outreach work in the area. 

3 



## **FINANCIAL REVIEW** 

## **Introduction and Overview** 

2025 was another year when our regular expenditure was greater that our regular income. The shortfall was nearly £15,000 which was funded from our slender free financial reserves. The year ended with around £9,000 left in our reserves. This must be viewed against my forecast of a likely deficit of around £14,000 in 2026. 

Early in the year a letter was sent to all church members asking them to reconsider their regular giving which resulted in a modest increase in our donor income. During the year we were fortunate in receiving a donation of £850 to purchase a new PC for the office  and a new laptop together with an anonymous donation of £2,000 for general purposes. We also received £1,000 from Tots, £600 from Piecemakers, £150 from Mothers Union and £100 from After 8s. Even with all these donations, our income was well short of the need to meet our outgoings. 

All our costs are met by personal donations, gift aid rebates, occasional legacies and charitable trading. No financial support is received from the Diocese or any other sources. Joint Benefice costs are shared between Christ Church and Tickenham based on respective church membership. 

Our total financial assets at the end of 2026 were £82,477. When restricted and designated funds were taken away from this total, £9,167 remained in the General Fund for general use and represented our free reserves at the end of 2025. 

## **Income** 

Our overall income in 2025 was £109,301. Regular income from all donors, which is our major source of unrestricted income and includes planned giving, cash collections, regular personal donations and gift aid claimed was £72,317. This was a small increase over 2024 when the equivalent figure was £71,206. The net income from fund raising events was just under £4,000 which was a significant drop from last year when the figure was just over £5,000. The income from hiring the Vestry Hall at £4,049 was slightly lower than in 2024. 

## **Expenditure** 

Overall total expenditure in 2025 was £125,641. This included our Parish Share for 2025 of £76,829 which was around 70% of our operational outgoings. The Parish Share is money that we pay to the Diocese to fund the employment of clergy across the Diocese. For many years up until 2024 it was calculated using a number of subjective factors but from 2025 onwards the method of calculation was significantly revised and is now more rational and transparent and is referred to below. Running costs of the Church and Vestry Hall were again lower than in 2024 due to the significant reduction in energy costs although this will not be repeated in 2026. Total charitable donations made during the year were £4,777 which represented 6.5% of our donor income which was below our target of !0%. A breakdown of the giving can be found in Note 5 of the accounts on p12. 

## **Looking Forward to 2026** 

2026 will be a further challenging year for our finances when I forecast that there will be a deficit on our operational income/expenditure of around £15,000. Following the revised method of calculating our Parish Share, we are in the second year of a five year transitional period of adjustment and our 2026 is slightly lower than in 2025 There should be a continued slow reduction over the remaining three years of transition. 

On a positive note, we have been notified that notified that the PCC will be receiving a £8,947 legacy from the estate of the late Terry Smith in due course but it is unknown at the moment when this will be received. 

The General fund contains a restricted sum of £2,528 which is being carried forward into 2026.  This comprises £447 held on behalf of the flower fund, £469 held on behalf of the choir and £1,612 being held on behalf of Tots. 

## **RESERVES** 

At the September 2020 meeting of the PCC it was resolved that the PCC should have Reserves Policy of trying to maintain a balance of free reserves equivalent to at least three months of unrestricted payments. At the end of 2025 this amounted to about £28,000. Our free reserves at the end of 2024 stood at just over £20,536 which, together with some donations, enabled us to fund our operational deficit in 2025. These donations enabled our free reserves at the end of 2025 to be £9,169 which was still well below our target of £28,000. 

4 



RESERVE ACCOUNTS
Finanoial detsils of these reserve accounts can be found on p8 of this report and are re￿rted bel¢)W.
Other Church Groups {r8strlctedl
This is a ￿seNe fund where money from other church groups is Klentifi&J. The Other Church Groups
comprise the After 8s, Tots at Christ Church (cash receipts and expenditure only), Church Flowers and
the Piecemakers. AJI these groups operate under Ihe auspice of the PCC and hold separate monies in
individual accounts which are restricted for use by each particular group. Accounts for each group are
submitted to the PCC treasurer every year and are then compounded as a single entry in the PCC
accounts. Income in 2025 was £2435 and exF*ndttU￿ was £2353. The fund held £2110 at the end of
2025
Pastoral Fund (ve•trict•d)
The Pastoral Fund was created by the wnding-up of the Thatcher Charity set up in 1918. The
investment remains in pL8ce (see Note 41 but is no longer a trust assel. Distributions of income from this
investment are now credited quarterly to the Pastoral Fund. The fund has also been augmenled by the
occasional donation. The fund held £796 at the start of ihe year. Income from investmerrts in the year
amounted to £23. £31 was expended leaving £788 to be carried forward into 2026
Improvgments to the Veslry Hall and Signago {do8ignatod
The money held in this fund is held for propos&J improvements to the Vesty Hall including heating,
lightiftg and new signage using money arising from a legacy from the late John Chivers. £20.000 was
originally designated. Expenditure during the year was £3427 on new wall fan radiators and therefore
£5,096 was carried forward into 2026.
Malntenance Re8ervo (doslgnatsdl
The amount brought forward in the Maintenance account from 2024 was £22.299. There was
expenditure of £2,408 on masonry repairs during the year leaving £19,891 to be carried forward to 2026.
Church R•ord•rlng Imtrlct•d and d￿Igna1￿d)
A project for reordering the ch￿￿h by the removal of the pews together ￿th other improvement works
was commenced in 2016 The fund stood at £43,525 at the commencement of 2025. £624 was
expended leaving £42,901 at the end of 2025 of which £36.754 was restricted and the remainin9 £6.147
was designated.
APPROVAL OF THE ANNUAL REPORT FOR 2025 INCLUDING THE FINANCIAL STATEMENTS
The Annual Report for 2025. induding the Financial Statements, was approved by the Parrthol Church
Council on 9 March 2026.
And signed on its behalf by=
Revd Nid(i Bradford
{R*)rl

## **CHRIST CHURCH NAILSEA PCC FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025** 

## **STATEMENT OF ASSETS AND LIABILITIES** 

|**MONETARY ASSETS AT 31 DEC**<br>**Cash and bank balances:**<br>HSBC Current (less uncleared cheques)<br>HSBC Deposit<br>Scottish Widows Deposit<br>Cash<br>Other investments (note 4)<br>Other Church group's funds (various<br>accounts)<br>**Per Receipts and Payments accounts**<br>**Debtors:**<br>Arthur E Davey & Sons Ltd<br>**TOTAL MONETARY ASSETS**<br>**CURRENT LIABILITIES**<br>**OTHER INVESTMENTS**<br>**OTHER ASSETS**|_(See p7)_<br>_------------------------- (Reserve funds - see p8) ------------------------_<br>_General_<br>_Other_<br>_Pastoral_<br>_Vestry Hall Maintenance_<br>_Church_<br>**_Total_**<br>**_Total_**<br>_Fund_<br>_Church_<br>_Fund_<br>_& Signage_<br>_Reserve_<br>_Reordering_<br>**_2025_**<br>**_2024_**<br>_Groups_<br>_Improvements_<br>_(restricted)_<br>_(restricted)_<br>_(designated)_<br>_(designated)_<br>_(restricted &_<br>_designated)_<br>£<br>£<br>£<br>£<br>£<br>£<br>£<br>_£_<br>2498<br>0<br>0<br>0<br>0<br>0<br>2498<br>_1904_<br>8417<br>0<br>788<br>5096<br>19891<br>17901<br>52093<br>_69112_<br>0<br>0<br>0<br>0<br>0<br>25000<br>25000<br>_25000_<br>4<br>0<br>0<br>0<br>0<br>0<br>4<br>_1_<br>773<br>0<br>0<br>0<br>0<br>0<br>773<br>_812_<br>0<br>2110<br>0<br>0<br>0<br>0<br>2110<br>_2028_|
|---|---|
||11693<br>2110<br>788<br>5096<br>19891<br>42901<br>82477<br>_98856_|
||0<br>0<br>0<br>0<br>0<br>0<br>0<br>_460_|
||11693<br>2110<br>788<br>5096<br>19891<br>42901<br>82477<br>_99316_|
|||
||0<br>0<br>0<br>0<br>0<br>0<br>0<br>_0_|
||Nil<br>-Moveable church furnishings as listed in the terrier and inventory (held by the church<br>wardens on special trust for the PCC and which require a faculty for their disposal)|



- HM Revenue & Customs tax refund not yet claimed for the period 1 October 2025 to 31 December 2025 

6 



## **CHRIST CHURCH NAILSEA PCC** 

## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025** 

## **GENERAL FUND** 

## **RECEIPTS AND PAYMENTS ACCOUNT** 

|_Note_<br>**RECEIPTS**<br>Income from donors<br>2a<br>Other voluntary income<br>2b<br>Income from charitable and ancillary trading<br>2c<br>Income from investments<br>2d<br>Other ordinary income<br>2e<br>Extraordinary income<br>2f<br>**TOTAL RECEIPTS**<br>**PAYMENTS**<br>Direct charitable costs:<br>Charitable donations<br>3a<br>Ministry costs<br>3b<br>Other expenditure:<br>Church management & administration<br>3c<br>**TOTAL PAYMENTS**<br>**NET SURPLUS / (DEFICIT) FOR THE YEAR**<br>**BEFORE TRANSFERS**<br>**NET TRANSFERS TO/FROM RESERVE ACCTS**<br>**GAINS AND LOSSES ON INVESTMENTS**<br>**NET (DEFICIT)/ SURPLUS AFTER TRANSFERS**<br>**AND GAINS/(LOSSES) ON INVESTMENTS**<br>**BANK AND CASH BALANCES BROUGHT**<br>**FORWARD AT 1 JANUARY 2025**<br>**PREVIOUS YEAR ADJUSTMENT**<br>**REVISED BALANCES BROUGHT FORWARD**<br>**BANK AND CASH BALANCES CARRIED**<br>**FORWARD AT 31 DECEMBER 2025**|_Unrestricted_<br>_Designated_<br>_Restricted_<br>**_Total_**<br>**_Total_**<br>_funds_<br>_funds_<br>_funds_<br>**_2025_**<br>**_2024_**<br>£<br>£<br>£<br>£<br>_£_<br>72317<br>0<br>0<br>72317<br>_71206_<br>9690<br>0<br>6198<br>15889<br>_48358_<br>12487<br>0<br>2493<br>14980<br>_17250_<br>1312<br>0<br>23<br>1334<br>_1564_<br>4676<br>0<br>0<br>4676<br>_4427_<br>105<br>0<br>0<br>105<br>_500_|
|---|---|
||100588<br>0<br>8714<br>109302<br>_143304_|
||25<br>0<br>4752<br>4777<br>_4832_<br>94550<br>5835<br>3135<br>103521<br>_100140_|
||94575<br>5835<br>7887<br>108298<br>_104972_|
||17342<br>0<br>0<br>17342<br>_15618_|
||17342<br>0<br>0<br>17342<br>_15618_|
|||
||111918<br>5835<br>7887<br>125640<br>_120590_|
|||
||-11330<br>-5835<br>827<br>-16338<br>_22715_|
||0<br>5835<br>550<br>6385<br>_-15513_<br>-39<br>0<br>0<br>_-39_<br>_103_|
||-11369<br>0<br>1378<br>-9992<br>_7220_|
||20536<br>0<br>1150<br>21686<br>_14466_<br>0<br>0<br>0<br>0<br>_0_|
||20536<br>0<br>1150<br>21686<br>_14466_|
|||
||9167<br>0<br>2528<br>11694<br>_21686_|
|||



7 



## **CHRIST CHURCH NAILSEA PCC FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025** 

## **RESERVE FUNDS** 

|**OTHER CHURCH GROUPS**<br>_RECEIPTS AND PAYMENT ACCOUNT_<br>**Receipts**<br>Income<br>Transfer from general fund<br>**Payments**<br>Expenditure<br>Transfer to general fund:<br>**Net surplus/deficit for the year**<br>**Balance b/f at 1 January**<br>**Balance c/f at 31 December**<br>**PASTORAL FUND**<br>_RECEIPTS AND PAYMENT ACCOUNT_<br>**Receipts**<br>Income<br>Transfer from general fund<br>**Payments**<br>Expenditure<br>Transfer to general fund:<br>**Net surplus/deficit for the year**<br>**Balance b/f at 1 January**<br>**Balance c/f at 31 December**<br>**VESTRY HALL AND SIGNAGE**<br>**IMPROVEMENTS**<br>_RECEIPTS AND PAYMENT ACCOUNT_<br>**Receipts**<br>Income<br>Transfer from general fund<br>**Payments**<br>Expenditure<br>Transfer to general fund:<br>**Net surplus/deficit for the year**<br>**Balance b/f at 1 January**<br>**Balance c/f at 31 December**<br>**MAINTENANCE RESERVE**<br>_RECEIPTS AND PAYMENT ACCOUNT_<br>**Receipts**<br>Income<br>Transfer from general fund:<br>**Payments**<br>Expenditure<br>Transfer to general fund:<br>**Net surplus/deficit for the year**<br>**Balance b/f at 1 January**<br>**Balance c/f at 31 December**<br>**REORDERING OF CHURCH**<br>_RECEIPTS AND PAYMENT ACCOUNT_<br>**Receipts**<br>Income<br>Transfer from general fund:<br>**Payments**<br>Expenditure<br>Transfer to general fund:<br>**Net surplus/deficit for the year**<br>**Balance b/f at 1 January**<br>**Balance c/f at 31 December**|_Unrestricted_<br>_Designated_<br>_Restricted_<br>**Total**<br>**_Total_**<br>_funds_<br>_funds_<br>_funds_<br>**2025**<br>**_2024_**<br>£<br>£<br>£<br>£<br>_£_<br>0<br>0<br>2435<br>2435<br>_3181_<br>0<br>0<br>0<br>0<br>_0_<br>0<br>0<br>2353<br>2353<br>_2901_<br>0<br>0<br>0<br>0<br>_0_<br>0<br>0<br>82<br>82<br>_280_|
|---|---|
||0<br>0<br>2028<br>2028<br>_1748_|
||0<br>0<br>2110<br>2110<br>_2028_|
||_Unrestricted_<br>_Designated_<br>_Restricted_<br>**Total**<br>**_Total_**<br>_funds_<br>_funds_<br>_funds_<br>**2025**<br>**_2024_**<br>£<br>£<br>£<br>£<br>_£_<br>0<br>0<br>0<br>0<br>_0_<br>0<br>0<br>23<br>23<br>_22_<br>0<br>0<br>0<br>0<br>_0_<br>0<br>0<br>31<br>31<br>_0_<br>0<br>0<br>-8<br>-8<br>_22_|
||0<br>0<br>796<br>796<br>_774_|
||0<br>0<br>788<br>788<br>_796_|
||_Unrestricted_<br>_Designated_<br>_Restricted_<br>**Total**<br>**_Total_**<br>_funds_<br>_funds_<br>_funds_<br>**2025**<br>**_2024_**<br>£<br>£<br>£<br>£<br>_£_<br>0<br>0<br>0<br>0<br>_0_<br>0<br>0<br>0<br>0<br>_0_<br>0<br>0<br>0<br>0<br>_0_<br>0<br>3427<br>0<br>3427<br>_0_<br>0<br>3427<br>0<br>3427<br>_0_|
||0<br>8523<br>0<br>8523<br>_8523_|
||0<br>5096<br>0<br>5096<br>_8523_|
||_Unrestricted_<br>_Designated_<br>_Restricted_<br>**Total**<br>**_Total_**<br>_funds_<br>_funds_<br>_funds_<br>**2025**<br>**_2024_**<br>£<br>£<br>£<br>£<br>_£_<br>0<br>0<br>0<br>0<br>_0_<br>0<br>0<br>0<br>0<br>_0_<br>0<br>0<br>0<br>0<br>_0_<br>0<br>2408<br>0<br>2408<br>_0_<br>0<br>2408<br>0<br>2408<br>_0_|
||0<br>22299<br>0<br>22299<br>_22299_|
||0<br>19891<br>0<br>19891<br>_22299_|
||_Unrestricted_<br>_Designated_<br>_Restricted_<br>**Total**<br>**_Total_**<br>_funds_<br>_funds_<br>_funds_<br>**2025**<br>**_2024_**<br>£<br>£<br>£<br>£<br>_£_<br>0<br>0<br>0<br>0<br>_0_<br>0<br>0<br>0<br>0<br>_15211_<br>0<br>0<br>0<br>0<br>_0_<br>0<br>0<br>624<br>624<br>_0_<br>0<br>0<br>-624<br>-624<br>_15211_|
||0<br>6147<br>37378<br>43525<br>_28314_|
||0<br>6147<br>36754<br>42901<br>_43525_|



8 



## **CHRIST CHURCH NAILSEA PCC FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025** 

## **NOTES TO THE FINANCIAL STATEMENTS** 

## **NOTE 1   ACCOUNTING POLICIES** 

## **1a)  Accounting conventions** 

The financial statements for the year ended 31 December 2025 have been prepared in accordance with the Church Accounting Regulations 2006 together with the applicable accounting standards and the Charities Statement of Recommended Practice (SORP) using the Receipts and Payments basis of accounting. 

## **1b)  Segregation of funds as required by the Charities Act** 

_Unrestricted funds_ represent the funds of the PCC that are not subject to any restriction by the donor regarding their use and which are freely available for furthering the general mission and ministry of the church.  Unrestricted funds may be _designated_ for a particular purpose by PCC. 

_Restricted funds_ represent the funds of the PCC that have been donated for a specific purpose.  Such funds may only be applied for the purpose for which they were donated.  Restricted funds are identified in the Financial Statements to ensure proper control. 

_Endowment funds._ The PCC has no endowment funds. 

## **1c)  Recognition of accounting transactions** 

The financial statements include all monetary transactions, assets and liabilities for which the PCC is responsible in law, including those of recognised church groups.  They do not include the accounts of church groups which owe their main affiliation to another body, or which are merely informal gatherings of church members. Subject to the above, receipts and payments include income as received and expenditure when irrevocably paid. 

## **1d)  Statement of Assets and Liabilities** 

The following assets are recognised in the Statement of Assets and Liabilities: 

- Moveable church furnishings held by the churchwardens on special trust for the PCC and which require a faculty for disposal; 

- Land and buildings held on behalf of the PCC; 

- Other fixtures, fittings and equipment which the PCC may freely sell without a faculty, where the original cost exceeded £1,000; 

- Amounts owing from HM Revenue & Customs where a formal repayment claim has not yet been made; 

- Amounts owing from Funeral Directors not credited before 31 December 2024; 

- Legacies where formal notification of entitlement and amount has been received before 31 December 2025 by the PCC; 

- Investments held beneficially by the PCC; 

- Closing bank and cash balances as shown in the Receipts and Payments accounts. 

The following liabilities are recognised in the Statement of Assets and Liabilities: 

- Any loans, overdrafts and advances to the PCC; 

- Any arrears of Diocesan Common Fund; 

- Creditors for goods and services received and invoiced by 31 December 2025 

. 

9 



## **CHRIST CHURCH NAILSEA PCC FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025** 

|**NOTE 2  GENERAL FUND RECEIPTS**<br>**2a) Income from donors**<br>Planned giving<br>Income tax refund<br>Cash collections<br>General gifts and donations<br>**2b) Other voluntary income**<br>Saturday/Sunday coffee<br>Children's Work (Tots)<br>Re-ordering of the Church<br>Miscellaneous<br>Specific gifts, donations and events<br>Income tax refund (Gift Day and specific donations)<br>**2c) Income from charitable trading**<br>Bible notes & books<br>Magazine<br>Other church groups' income<br>Flower income<br>Events<br>Hire of Vestry Hall<br>Wedding & funeral fees<br>**2d) Income from investments**<br>HSBC Deposit interest<br>Scottish Widows income<br>Dividend income COIF<br>**2e) Other ordinary income**<br>Tickenham share of Benefice costs<br>**2f) Extraordinary income**<br>Grants<br>Legacies & gifts<br>**TOTAL RECEIPTS**|_Unrestricted_<br>_Designated_<br>_Restricted_<br>**_Total_**<br>**_Total_**<br>_funds_<br>_funds_<br>_funds_<br>**_2025_**<br>**_2024_**<br>£<br>£<br>£<br>£<br>_£_<br>51577<br>0<br>0<br>51577<br>_50159_<br>14292<br>0<br>0<br>14292<br>_14224_<br>6449<br>0<br>0<br>6449<br>_6158_<br>0<br>0<br>0<br>0<br>_665_|
|---|---|
||72317<br>0<br>0<br>72317<br>_71206_|
||2338<br>0<br>0<br>2338<br>_2042_<br>0<br>0<br>1545<br>1545<br>_786_<br>0<br>0<br>0<br>0<br>_15211_<br>7352<br>0<br>0<br>7352<br>_25439_<br>0<br>0<br>4211<br>4211<br>_4613_<br>0<br>0<br>442<br>442<br>_267_|
||9690<br>0<br>6198<br>15889<br>_48358_|
||253<br>0<br>0<br>253<br>_170_<br>513<br>0<br>0<br>513<br>_607_<br>0<br>0<br>2435<br>2435<br>_3181_<br>0<br>0<br>58<br>58<br>_107_<br>4312<br>0<br>0<br>4312<br>_5362_<br>4049<br>0<br>0<br>4049<br>_4370_<br>3361<br>0<br>0<br>3361<br>_3454_|
||12487<br>0<br>2493<br>14980<br>_17250_|
||981<br>0<br>0<br>981<br>_1155_<br>331<br>0<br>0<br>331<br>_386_<br>0<br>0<br>23<br>23<br>_22_|
||1312<br>0<br>23<br>1334<br>_1564_|
||4676<br>0<br>0<br>4676<br>_4427_|
||4676<br>0<br>0<br>4676<br>_4427_|
||105<br>0<br>0<br>105<br>_500_<br>0<br>0<br>0<br>0<br>_0_|
||105<br>0<br>0<br>105<br>_500_|
|||
||100588<br>0<br>8713<br>109301<br>_143304_|



10 



## **CHRIST CHURCH NAILSEA PCC** 

## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025** 

|**NOTE 3 GENERAL FUND PAYMENTS**<br>**Direct charitable expenditure:**<br>**3a) Donations**<br>Home missions<br>Overseas aid<br>Discretionary / Pastoral aid<br>**3b) Activities relating to direct ministry**<br>Staff expenses of office<br>Interregnum Costs<br>Joint Benefice Sundries<br>Books & Bible Notes<br>Churches Together in Nailsea and District<br>Cleaning<br>Diocesan Common Fund<br>Magazine<br>Maintenance & repairs<br>Miscellaneous costs<br>Music costs<br>Events Costs<br>Sanctuary & service supplies<br>Utilities & church running costs<br>Vestry Hall running expenses<br>Children and Families<br>Church Reordering<br>Other church groups<br>**Total direct expenditure**<br>**Other expenditure:**<br>**3c) Church management & administration**<br>Parish office<br>Administrator costs<br>Stewardship expenses<br>**3d) Extraordinary expenses**<br>**Total other expenditure**<br>**TOTAL PAYMENTS**|_Unrestricted_<br>_Designated_<br>_Restricted_<br>**_Total_**<br>**_Total_**<br>_funds_<br>_funds_<br>_funds_<br>**_2025_**<br>**_2024_**<br>£<br>£<br>£<br>£<br>_£_<br>25<br>0<br>2995<br>3020<br>_3001_<br>0<br>0<br>1726<br>1726<br>_1832_<br>0<br>0<br>31<br>31<br>_0_|
|---|---|
||25<br>0<br>4752<br>4777<br>_4832_|
||828<br>0<br>159<br>987<br>_412_<br>0<br>0<br>0<br>0<br>-257<br>596<br>0<br>0<br>596<br>_370_<br>250<br>0<br>0<br>250<br>_170_<br>260<br>0<br>0<br>260<br>_240_<br>2112<br>0<br>0<br>2112<br>_2078_<br>76829<br>0<br>0<br>76829<br>_75977_<br>203<br>0<br>0<br>203<br>_218_<br>581<br>5835<br>0<br>6416<br>_2094_<br>1245<br>0<br>0<br>1245<br>_723_<br>4819<br>0<br>0<br>4819<br>_4791_<br>497<br>0<br>0<br>497<br>_280_<br>260<br>0<br>0<br>260<br>_224_<br>5025<br>0<br>0<br>5025<br>_5537_<br>1047<br>0<br>0<br>1047<br>_1841_<br>0<br>0<br>0<br>0<br>_2539_<br>0<br>0<br>624<br>624<br>_0_<br>0<br>0<br>2353<br>2353<br>_2901_|
||94550<br>5835<br>3136<br>103522<br>_100140_|
|||
||94575<br>5835<br>7888<br>108299<br>_104972_|
||2370<br>0<br>0<br>2370<br>_1614_<br>14892<br>0<br>0<br>14892<br>_13923_<br>81<br>0<br>0<br>81<br>_81_|
||17342<br>0<br>0<br>17342<br>_15618_|
|||
||0<br>0<br>0<br>0<br>_0_|
|||
||17342<br>0<br>0<br>17342<br>_15618_|
|||
||111918<br>5835<br>7888<br>125641<br>_120590_|



11 



**CHRIST CHURCH NAILSEA FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025** 

## **NOTE 4   OTHER INVESTMENTS** 

COIF Charities Investment Fund 

|_Holding_|_Value_|_Income_|
|---|---|---|
|40|773|23|



## **NOTE 5   CHARITABLE DONATIONS** 

|**Home**<br>Children's Society<br>Connect Youth Worker<br>Wellspring Counselling<br>Freewheelers<br>Be More Ben Charity (Tots)<br>Macmillan Cancer Support (Tots)<br>Clevedon Foodbank<br>Children in Need (Tots)<br>Pastoral Gift<br>British Legion<br>**Total charitable donations**|**Overseas**<br>602<br>Christian Aid<br>500<br>Mothers Union Overseas Fund<br>470<br>Leprosy Mission<br>470<br>286<br>251<br>234<br>182<br>31<br>25<br>3051<br>4777|1044<br>470<br>212|
|---|---|---|
|||1726|
||||



## **NOTE 6   REMUNERATION AND EXPENSES** 

## **Salaries, fees and remuneration of PCC members** 

During the year the PCC paid casual fees to some members of the PCC who undertook verger duties at weddings and funerals.  These verger payments are reimbursed from fees charged for weddings and funerals. 

The PCC reimbursed members for personal expenditure incurred in connection with areas of work such as maintenance, youth work, pastoral care and general administrative costs.  Members of the PCC, other than the clergy, who incurred expenses on behalf of the PCC in this way, were reimbursed as follows: 

|John Bickerstaffe|98|
|---|---|
|Val Clifton|4|
|Malcolm Pemble|44|
|Richard Wheller|4|
|Sandra Whiting|5|



12 



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