ST LEONARD'S CHURCH, MIDDLETON
REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
James Scott (Accounting) LLP Chartered Certified Accountants 5/6 Salmon Fields Business Village Royton Oldham OL2 6HT
ST LEONARD'S CHURCH, MIDDLETON
REPORT OF THE PAROCHIAL CHURCH COUNCIL : YEAR ENDED 31 DECEMBER 2025
Administrative Information
St Leonard's Church is situated in Middleton. It is part of the Diocese of Manchester within the Church of England and is within the Deanery of Heywood and Middleton. The Parochial Church Council is a charity registered with the Charity Commission under reference 1147214.
PCC members who have served during the year are:
Incumbent: The Reverend A M Bailie (ex officio)
Curate: The Reverend D E Brooks (ex officio)
Churchwardens: Mr C Clarke Miss C J Swailes (Deanery Synod) Elective Members: Mrs S Clancy (from 25 May 2025) Mrs S Jennings (Deanery Synod) Mrs A Connell Rev P Rawlings Mrs C Crowther Mr A Slim (Treasurer) Mrs K Hamnett Mrs M Slim (secretary) (Deanery Synod) Mr P Hamnett Mrs D Taylor (until 25 May 2025) Mr G Jennings Mrs L Woolley Co-opted Member: Rev F Jackson
Structure, governance, management, objectives and activities
The PCC's duties and obligations are set out in the Parochial Church Councils (Powers) Measure 1956 (as amended). The method of appointment of PCC members is set out in the Church Representation Rules. All church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC.
St Leonard's PCC has the responsibility of co-operating with the Rector and Assistant Clergy in promoting in the parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical.
In the opinion of the trustees the objects of promoting justice, equality, peace and understanding in the local community and more widely in society is wholly consistent with the Charity Commission definition of "public benefit".
Achievements and performance
Although the restrictions that had been in place during the Covid-19 pandemic have been removed, we have retained the pattern of a reduced number of services and we are continuing to see some growth in congregations with an increased number of families sharing in worship. We continue to develop increased involvement with our local schools and community, and we have embarked upon discussions which might lead to a reordering of the Church and improvements to toilet and catering facilities. In this conection, and having had the sale proceeds of the Old Grammar School released by the Diocese following Charity Committee clearance, the PCC has agreed to designate the bulk of the net proceeds to be used towards the costs of such work.
Electoral roll and church attendance
The Electoral Roll reported to the APCM in May 2025 (2024) was 55 (64). The total attendance counted in October 2025 (2024) in accordance with Church of England Diocesan requirements at all services (including Harvest Festival, School Service and Baptisms) was 283 (229) adults and 85 (64) children under 16. The average weekly Sunday attendance (excluding baptisms and school harvest) was 65 adults and 20 children under 16 (2024: 57 and 16 respectively). The total number of 'attenders' was in the region of 90 adults and 35 children aged under 16 registered for Sunday School (2024: approximately 58 and 15 respectively).
ST LEONARD'S CHURCH, MIDDLETON
REPORT OF THE PAROCHIAL CHURCH COUNCIL : YEAR ENDED 31 DECEMBER 2025 continued
Review of the year
The full PCC had 16 (16) members in 2025 (2024) and met 8 (6) times during the year with an average level of attendance of 13 (13). Committees met between meetings and reports of these meetings were received by the full PCC. Reports of the mission, ministry and activities of the church and a report from the Rector are given in a separate report at the APCM and are circulated to all members of the Electoral Roll and other church attenders.
Financial review
The total receipts on ordinary unrestricted funds were £63,354 (2024: £64,632) whilst receipts on restricted and endowment funds were £13,763 (2024: £14,181).
£77,549 (2024: £73,453) was spent to provide the Christian Ministry from St Leonard's Church, including the contribution to the diocesan parish share of £28,000 (2024: £22,131) out of £28,000 (£23,000) requested (a credit of £869 under the Diocesan "Encouragement Scheme" meant that our 2024 contributions represented 100% of the total requested.) The Parish Share is a voluntary contribution and not a legal debt, and largely provides for clergy stipends, housing and pensions, as well as Diocesan and national Church of England expenses. The Parish Share agreed for the next year is £32,440.
The net result for the year was an excess of ordinary unrestricted expenditure over income of £14,195 (2024: income deficit £8,821). The overall result for the year was an excess of expenditure over income of £21,559 (2024: income deficit £866) whilst there was an unrealised loss on investment assets of £6,935 (2024: gain £3,882).
The balances carried forward at 31 December 2025 were £271,948 on unrestricted funds (of which £234,129 has been designated), £126,878 on restricted funds, and £233,450 on endowment funds.
Reserves policy
It is PCC policy to endeavour to maintain a balance on unrestricted funds equating to approximately six months payments to cover situations which may arise from time to time. Excluding the designated funds, the closing balance of unrestricted funds equates to just under six months' worth of anticipated unrestricted spending.
Approved by the PCC and signed on their behalf by
Rev Alison M Bailie (Chairman)
Chair of the Parochial Church Council Middleton Parish Church St Leonard's Square Middleton Manchester M24 6DJ
PAROCHIAL CHURCH COUNCIL OF ST LEONARD'S, MIDDLETON
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025
| Unrestricted | Unrestricted | Restricted | Endowment | Total Funds | Total Funds | |
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | 2025 | 2024 | ||
| Note | £ | £ | £ | £ | £ | |
| INCOMING RESOURCES | ||||||
| Voluntary income | 2a | 39,780 | 1,388 | - | 41,168 | 47,360 |
| Activities for generating funds | 2b |
- | - | - | 0 |
3,182 |
| Income from investments | 2c | 9,114 | 4,515 | 7,860 | 21,489 | 16,557 |
| Income from church activities | 2d | 6,920 | - | - | 6,920 | 8,480 |
| Other incoming resources | 2e | 7,540 | - | - | 7,540 | 3,234 |
| TOTAL INCOMING RESOURCES | 63,354 | 5,903 | 7,860 | 77,117 | 78,813 | |
| RESOURCES USED | ||||||
| Fundraising costs | 3a |
73 | - | - |
73 | - |
| Grants | 3b | 1,405 | 260 | - | 1,665 | 4,215 |
| Activities directly relating to the | ||||||
| work of the Church | 3c | 57,482 | 17,835 | - | 75,317 | 55,264 |
| Church Management and administration | 3d | 20,113 | 1,508 | - | 21,621 | 20,200 |
| Transfers between funds | (1,524) | - | 1,524 |
- | - | |
| 77,549 | 19,603 | 1,524 | 98,676 | 79,679 | ||
| NET (OUTGOING) INCOMING | ||||||
| RESOURCES | (14,195) | (13,700) | 6,336 | (21,559) | (866) | |
| GAINS/ (LOSSES) ON INVESTMENTS: | 5b |
- | (1,068) | (5,867) | (6,935) | 3,882 |
| NET MOVEMENT IN FUNDS | (14,195) | (14,768) | 469 | (28,494) | 3,016 | |
| BALANCES BROUGHT FORWARD | 286,143 | 141,646 | 232,981 | 660,770 | 657,754 | |
| BALANCES CARRIED FORWARD | £ | 271,948 | 126,878 | 233,450 | 632,276 | 660,770 |
PAROCHIAL CHURCH COUNCIL OF ST LEONARD'S, MIDDLETON
BALANCE SHEET AT 31 DECEMBER 2025
| Note FIXED ASSETS Tangible Fixed Assets 5a Investment Assets 5b CURRENT ASSETS Sundry Debtors 6 Short Term Deposits Cash at Bank and in Hand LIABILITIES Creditors falling due within one year 7 NET CURRENT ASSETS NET ASSETS 8 £ FUNDS Unrestricted Restricted 9 Endowment 9 £ Signed on behalf of the Parochial Church Council on 31 May 2026 |
2025 £ 2,403 166,539 168,942 4,361 452,665 17,677 474,703 (10,919) 463,784 632,726£ 271,948 126,878 233,450 632,276£ |
2024 £ 1,888 173,474 |
|---|---|---|
| 175,362 | ||
| 242,475 201,084 46,167 |
||
| 489,726 (4,318) |
||
| 485,408 | ||
| 660,770 | ||
| 286,143 141,646 232,981 |
||
| 660,770 | ||
Chair Churchwarden Rev A M BAILIE C CLARKE Churchwarden C SWAILES
PAROCHIAL CHURCH COUNCIL OF ST LEONARD'S, MIDDLETON
NOTES TO THE FINANCIAL STATEMENTS TO 31 DECEMBER 2025
1. ACCOUNTING POLICIES
The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 together with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and with the Charities Act, except that no depreciation is provided on buildings (note 1). The financial statements have been prepared under the historical cost convention except for the valuation of buildings and investment assets, which are shown at market value. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of other church groups that owe their main affiliation to another body, nor those that are informal gatherings of church members.
Going concern
The accounts have been prepared on the going concern basis.
Funds
Endowment funds are funds, the capital of which must be maintained, only income arising from investments of the endowment may be used as unrestricted income.
Restricted funds are funds which may only be expended on the specific object for which they were
given.
Unrestricted funds are general funds which can be used for PCC ordinary purposes.
Incoming Resources
Voluntary income
Collections are recognised when received by or on behalf of the PCC.
Planned giving receivable under covenant is recognised only when received.
Income tax recoverable on covenants or gift aid donations is recognised when received.
Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement and the amount due.
Other ordinary income
Rental income from the letting of church premises is recognised when received.
Income from investments
Dividends and interest are accounted for when receivable.
PAROCHIAL CHURCH COUNCIL OF ST LEONARD'S, MIDDLETON
NOTES TO THE FINANCIAL STATEMENTS TO 31 DECEMBER 2025
1. ACCOUNTING POLICIES (cont'd)
Incoming Resources (cont'd)
Gains and losses on investments
Realised gains or losses are recognised when investments are sold.
Unrealised gains or losses are accounted for on revaluation of investments at 31 December.
Resources used
Donations
Donations are accounted for when paid over.
Activities directly relating to the work of the Church
The diocesan parish share is accounted for when payable. Any parish share unpaid at 31 December is provided for in these accounts as an operational (though not a legal) liability and is shown as a creditor in the balance sheet.
Fixed assets
Consecrated land and buildings and movable church furnishings
Consecrated and benefice property is excluded from the accounts in accordance with s.96(2)(a) of the Charities Act 1993.
No value is placed on movable church furnishings held by the churchwardens on special trust for the PCC which require a faculty for disposal since the PCC considers this to be inalienable property. All expenditure incurred during the year on consecrated or benefice buildings and movable church furnishings, whether maintenance or improvement, is written off as expenditure in the SOFA and separately disclosed.
Other fixtures, fittings and office equipment
Equipment used within the church premises is depreciated on a straight line basis over 5 years.
Investments
Investments are valued at market value at 31 December.
PAROCHIAL CHURCH COUNCIL OF ST LEONARD'S, MIDDLETON
NOTES TO THE FINANCIAL STATEMENTS TO 31 DECEMBER 2025 continued …
| 2. | INCOMING RESOURCES Unrestricted Restricted Total Funds Funds Funds 2025 2024 £ £ £ £ a) Voluntary Income Planned giving : Gift Aid donations (incl Gift Day) 19,342 360 19,702 19,908 Tax recoverable 6,804 - 6,804 6,574 Other 3,511 - 3,511 5,576 Collections 8,548 - 8,548 7,798 Donations 839 1,028 1,867 2,028 Grants - - - - Legacies - - - 2,000 Subscriptions - - - - Miscellaneous 736 - 736 3,476 39,780 1,388 41,168 47,360 b) Activities for generating funds Fund raising - - - 2,277 Churchyard stones - - - 905 - - - 3,182 c) Income from Investments Dividends and interest 9,114 12,375 21,489 16,557 d) Income from church activities Hall Lettings - - - - Fees 6,920 - 6,920 8,280 Organ and bell charges - - - 200 Bookstall - - - - Magazine - - - - 6,920 - 6,920 8,480 e) Other incoming resources Churchyard fees 6,940 - 6,940 3,219 Miscellaneous income 600 - 600 15 Insurance claims - - - - 7,540 - 7,540 3,234 TOTAL INCOMING RESOURCES 63,354 13,763 77,117 78,813 |
INCOMING RESOURCES Unrestricted Restricted Total Funds Funds Funds 2025 2024 £ £ £ £ a) Voluntary Income Planned giving : Gift Aid donations (incl Gift Day) 19,342 360 19,702 19,908 Tax recoverable 6,804 - 6,804 6,574 Other 3,511 - 3,511 5,576 Collections 8,548 - 8,548 7,798 Donations 839 1,028 1,867 2,028 Grants - - - - Legacies - - - 2,000 Subscriptions - - - - Miscellaneous 736 - 736 3,476 39,780 1,388 41,168 47,360 b) Activities for generating funds Fund raising - - - 2,277 Churchyard stones - - - 905 - - - 3,182 c) Income from Investments Dividends and interest 9,114 12,375 21,489 16,557 d) Income from church activities Hall Lettings - - - - Fees 6,920 - 6,920 8,280 Organ and bell charges - - - 200 Bookstall - - - - Magazine - - - - 6,920 - 6,920 8,480 e) Other incoming resources Churchyard fees 6,940 - 6,940 3,219 Miscellaneous income 600 - 600 15 Insurance claims - - - - 7,540 - 7,540 3,234 TOTAL INCOMING RESOURCES 63,354 13,763 77,117 78,813 |
|---|---|---|
| 39,780 1,388 41,168 47,360 |
||
| - - - 2,277 - - - 905 |
||
| - - - 3,182 |
||
| 9,114 12,375 21,489 16,557 |
||
| - - - - 6,920 - 6,920 8,280 - - - 200 - - - - - - - - |
||
| 6,920 - 6,920 8,480 |
||
| 6,940 - 6,940 3,219 600 - 600 15 - - - - |
||
| 7,540 - 7,540 3,234 |
||
| 63,354 13,763 77,117 78,813 |
PAROCHIAL CHURCH COUNCIL OF ST LEONARD'S ,MIDDLETON
NOTES TO THE FINANCIAL STATEMENTS TO 31 DECEMBER 2025 continued ...
| 3. 4. 5. |
RESOURCES USED Unrestricted Restricted Total Funds Funds Funds 2025 2024 £ £ £ £ a) Fundraising costs Fundraising 73 - 73 - b) Grants Charitable giving 1,405 260 1,665 4,215 c) Activities directly relating to the work of the Church Ministry - Parish share 28,000 - 28,000 22,131 Clergy expenses - - - - Rectory 1,473 - 1,473 2,776 Church running costs Utilities, insurance 10,073 - 10,073 13,389 Maintenance 6,877 17,796 24,673 7,029 Fees to Diocese 4,423 - 4,423 2,608 Education and Evangelism 272 - 272 525 Churchyard 4,970 - 4,970 5,377 Miscellaneous 1,394 39 1,433 1,429 57,482 17,835 75,317 55,264 d) Administration Administration Staff costs 7,590 - 7,590 14,115 Stationery, copying, ICT 1,779 - 1,779 2,409 Other 1,753 - 1,753 490 Legal and professional 8,390 1,509 9,899 2,154 Depreciation 601 - 601 1,032 20,113 1,509 21,622 20,200 Total Resources Used £ 79,073 19,604 98,677 79,679 STAFF COSTS Wages and salaries £ 7,590 £ 14,115 a) Tangible Fixed Assets Freehold Land & Buildings Equipment Total Cost/Valuation At 1 January 2025 - 12,627 12,627 Addition at Cost - 665 665 Revaluation - - - Disposal - (5,452) - At 31 December 2025 - 7,840 13,292 Depreciation At 1 January 2025 - 10,288 10,288 On disposals - (5,452) - Charge for the year - 601 601 At 31 December 2025 - 5,437 10,889 £ -2,403 2,403 31 December 2024 £ -1,888 1,888 Net Book Value31 December 2025 |
RESOURCES USED Unrestricted Restricted Total Funds Funds Funds 2025 2024 £ £ £ £ a) Fundraising costs Fundraising 73 - 73 - b) Grants Charitable giving 1,405 260 1,665 4,215 c) Activities directly relating to the work of the Church Ministry - Parish share 28,000 - 28,000 22,131 Clergy expenses - - - - Rectory 1,473 - 1,473 2,776 Church running costs Utilities, insurance 10,073 - 10,073 13,389 Maintenance 6,877 17,796 24,673 7,029 Fees to Diocese 4,423 - 4,423 2,608 Education and Evangelism 272 - 272 525 Churchyard 4,970 - 4,970 5,377 Miscellaneous 1,394 39 1,433 1,429 57,482 17,835 75,317 55,264 d) Administration Administration Staff costs 7,590 - 7,590 14,115 Stationery, copying, ICT 1,779 - 1,779 2,409 Other 1,753 - 1,753 490 Legal and professional 8,390 1,509 9,899 2,154 Depreciation 601 - 601 1,032 20,113 1,509 21,622 20,200 Total Resources Used £ 79,073 19,604 98,677 79,679 STAFF COSTS Wages and salaries £ 7,590 £ 14,115 a) Tangible Fixed Assets Freehold Land & Buildings Equipment Total Cost/Valuation At 1 January 2025 - 12,627 12,627 Addition at Cost - 665 665 Revaluation - - - Disposal - (5,452) - At 31 December 2025 - 7,840 13,292 Depreciation At 1 January 2025 - 10,288 10,288 On disposals - (5,452) - Charge for the year - 601 601 At 31 December 2025 - 5,437 10,889 £ -2,403 2,403 31 December 2024 £ -1,888 1,888 Net Book Value31 December 2025 |
RESOURCES USED Unrestricted Restricted Total Funds Funds Funds 2025 2024 £ £ £ £ a) Fundraising costs Fundraising 73 - 73 - b) Grants Charitable giving 1,405 260 1,665 4,215 c) Activities directly relating to the work of the Church Ministry - Parish share 28,000 - 28,000 22,131 Clergy expenses - - - - Rectory 1,473 - 1,473 2,776 Church running costs Utilities, insurance 10,073 - 10,073 13,389 Maintenance 6,877 17,796 24,673 7,029 Fees to Diocese 4,423 - 4,423 2,608 Education and Evangelism 272 - 272 525 Churchyard 4,970 - 4,970 5,377 Miscellaneous 1,394 39 1,433 1,429 57,482 17,835 75,317 55,264 d) Administration Administration Staff costs 7,590 - 7,590 14,115 Stationery, copying, ICT 1,779 - 1,779 2,409 Other 1,753 - 1,753 490 Legal and professional 8,390 1,509 9,899 2,154 Depreciation 601 - 601 1,032 20,113 1,509 21,622 20,200 Total Resources Used £ 79,073 19,604 98,677 79,679 STAFF COSTS Wages and salaries £ 7,590 £ 14,115 a) Tangible Fixed Assets Freehold Land & Buildings Equipment Total Cost/Valuation At 1 January 2025 - 12,627 12,627 Addition at Cost - 665 665 Revaluation - - - Disposal - (5,452) - At 31 December 2025 - 7,840 13,292 Depreciation At 1 January 2025 - 10,288 10,288 On disposals - (5,452) - Charge for the year - 601 601 At 31 December 2025 - 5,437 10,889 £ -2,403 2,403 31 December 2024 £ -1,888 1,888 Net Book Value31 December 2025 |
RESOURCES USED Unrestricted Restricted Total Funds Funds Funds 2025 2024 £ £ £ £ a) Fundraising costs Fundraising 73 - 73 - b) Grants Charitable giving 1,405 260 1,665 4,215 c) Activities directly relating to the work of the Church Ministry - Parish share 28,000 - 28,000 22,131 Clergy expenses - - - - Rectory 1,473 - 1,473 2,776 Church running costs Utilities, insurance 10,073 - 10,073 13,389 Maintenance 6,877 17,796 24,673 7,029 Fees to Diocese 4,423 - 4,423 2,608 Education and Evangelism 272 - 272 525 Churchyard 4,970 - 4,970 5,377 Miscellaneous 1,394 39 1,433 1,429 57,482 17,835 75,317 55,264 d) Administration Administration Staff costs 7,590 - 7,590 14,115 Stationery, copying, ICT 1,779 - 1,779 2,409 Other 1,753 - 1,753 490 Legal and professional 8,390 1,509 9,899 2,154 Depreciation 601 - 601 1,032 20,113 1,509 21,622 20,200 Total Resources Used £ 79,073 19,604 98,677 79,679 STAFF COSTS Wages and salaries £ 7,590 £ 14,115 a) Tangible Fixed Assets Freehold Land & Buildings Equipment Total Cost/Valuation At 1 January 2025 - 12,627 12,627 Addition at Cost - 665 665 Revaluation - - - Disposal - (5,452) - At 31 December 2025 - 7,840 13,292 Depreciation At 1 January 2025 - 10,288 10,288 On disposals - (5,452) - Charge for the year - 601 601 At 31 December 2025 - 5,437 10,889 £ -2,403 2,403 31 December 2024 £ -1,888 1,888 Net Book Value31 December 2025 |
|---|---|---|---|---|
| 1,405 260 |
1,665 4,215 |
|||
| 28,000 - - - 1,473 - 10,073 - 6,877 17,796 4,423 - 272 - 4,970 - 1,394 39 |
28,000 22,131 - - 1,473 2,776 10,073 13,389 24,673 7,029 4,423 2,608 272 525 4,970 5,377 1,433 1,429 |
|||
| 57,482 17,835 |
75,317 55,264 |
|||
| 7,590 - 1,779 - 1,753 - 8,390 1,509 601 - |
7,590 14,115 1,779 2,409 1,753 490 9,899 2,154 601 1,032 |
|||
| 20,113 1,509 |
21,622 20,200 |
|||
98,677 79,679 |
||||
| £ £ |
£ 7,590 £ 14,115 Freehold Land & Buildings Equipment Total - 12,627 12,627 - 665 665 - - - - (5,452) - |
|||
| Equipment Total 12,627 12,627 665 665 - - (5,452) - |
||||
| - | 7,840 13,292 |
|||
| - - - |
10,288 10,288 (5,452) - 601 601 |
|||
| - | 5,437 10,889 |
|||
| - | 2,403 2,403 |
|||
| - | 1,888 1,888 |
PAROCHIAL CHURCH COUNCIL OF ST LEONARD'S, MIDDLETON
NOTES TO THE FINANCIAL STATEMENTS TO 31 DECEMBER 2025 continued ...
5. b) Investments
| 6. 7. 8. |
7,502.33 (2024 : 7,502.33) shares in CBF Investment Fund: £ Market value 1 January 2025 173,474 Unrealised gain/(loss) on revaluation (6,935) Market value 31 December 2025 £ 166,539 SUNDRY DEBTORS 2025 2024 £ £ Amounts due within one year 4,361 242,475 CREDITORS : AMOUNTS DUE WITHIN ONE YEAR 2025 2024 £ £ Accruals and Deferred Income 1,086 4,318 Creditors for Goods and Levies 9,833 - £ 10,919£ 4,318 ANALYSIS OF NET ASSETS BY FUND Unrestricted Restricted Endowment Funds Funds Funds Total £ £ £ £ Fixed Assets 1,952 25,638 140,901 168,491 Net Current Assets 269,996 101,240 92,549 463,785 £ 271,948 126,878 233,450632,276 |
7,502.33 (2024 : 7,502.33) shares in CBF Investment Fund: £ Market value 1 January 2025 173,474 Unrealised gain/(loss) on revaluation (6,935) Market value 31 December 2025 £ 166,539 SUNDRY DEBTORS 2025 2024 £ £ Amounts due within one year 4,361 242,475 CREDITORS : AMOUNTS DUE WITHIN ONE YEAR 2025 2024 £ £ Accruals and Deferred Income 1,086 4,318 Creditors for Goods and Levies 9,833 - £ 10,919£ 4,318 ANALYSIS OF NET ASSETS BY FUND Unrestricted Restricted Endowment Funds Funds Funds Total £ £ £ £ Fixed Assets 1,952 25,638 140,901 168,491 Net Current Assets 269,996 101,240 92,549 463,785 £ 271,948 126,878 233,450632,276 |
7,502.33 (2024 : 7,502.33) shares in CBF Investment Fund: £ Market value 1 January 2025 173,474 Unrealised gain/(loss) on revaluation (6,935) Market value 31 December 2025 £ 166,539 SUNDRY DEBTORS 2025 2024 £ £ Amounts due within one year 4,361 242,475 CREDITORS : AMOUNTS DUE WITHIN ONE YEAR 2025 2024 £ £ Accruals and Deferred Income 1,086 4,318 Creditors for Goods and Levies 9,833 - £ 10,919£ 4,318 ANALYSIS OF NET ASSETS BY FUND Unrestricted Restricted Endowment Funds Funds Funds Total £ £ £ £ Fixed Assets 1,952 25,638 140,901 168,491 Net Current Assets 269,996 101,240 92,549 463,785 £ 271,948 126,878 233,450632,276 |
£ 173,474 (6,935) |
|---|---|---|---|---|
| 166,539 | ||||
| 2024 £ 242,475 |
||||
| 2024 £ 4,318 - |
||||
| Accruals and Deferred Income Creditors for Goods and Levies ANALYSIS OF NET ASSETS BY FUND Fixed Assets Net Current Assets £ |
||||
| 4,318 | ||||
| 271,948 | 126,878 233,450632,276 |
PAROCHIAL CHURCH COUNCIL OF ST LEONARD'S, MIDDLETON
NOTES TO THE FINANCIAL STATEMENTS TO 31 DECEMBER 2025 continued ...
9. FUND DETAILS
- (a) The Restricted Funds comprise the Friends of Middleton Parish Church Society, the Friends' Restoration Fund, the Flower Fund, the Charity Fund, the CUCMUK Fund, and the Organ Fund.
At 31 December 2025 the balances on the Restricted Funds were, as follows:
| Friends Society Flower Fund Charity Fund CUCMUK Fund Organ Fund £ |
£ 118,580 5,833 712 1,074 679 |
|---|---|
| 126,878 |
- (b) The Endowment Funds consist of certain investments held under two separate trust funds administered by the Diocesan Board of Finance on behalf of the PCC. At 31 December 2025 the balances on these funds consisted of:
| 6,347.39 shares in the CBF Investment Fund Deposit accounts £ |
£ 140,901 92,549 |
|---|---|
| 233,450 |
10. RELATED PARTY TRANSACTION
The former Parish Administrator, Mrs M Brennan (who retired in June 2024), is the wife of former Churchwarden, D Brennan (who retired in May 2024). Mr Brennan had taken no part in the decision to appoint his wife to this position, for which her remuneration in the year amounted to £ Nil (2024: £5,283).
PAROCHIAL CHURCH COUNCIL OF ST LEONARD'S, MIDDLETON
INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF THE PCC
I hereby report on the financial statements of the Parochial Church Council of St Leonard, Middleton for the year ended 31 December 2025 which comprise the statement of financial activities, balance sheet and related notes, which are set out on pages 3 to 10. This report is in respect of an examination carried out in accordance with the Church Accounting Regulations 2016 (the Regulations) and section 145 of the Charities Act 2011 (the 2011 Act).
Respective responsibilities of the PCC and Examiner
As the members of the PCC and as trustees you are responsible for the preparation of the financial statements; you consider that an audit is not required for this year under s.144 of the 2011 Act and that an independent examination is needed. It is my responsibility to examine the accounts under section 145 of the 2011 Act, to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b)) of the 2011 Act and to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission and to be found in Church Guidance 2016 edition. This examination includes a review of the accounting records kept by the PCC and a comparison of the accounts with those records. It also includes consideration of any unusual items or disclosures in the financial statements 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 audit, and consequently no opinion is given as to whether the financial statements present a true and fair view and the report is limited to those matters set out in the statement below.
Independent examiner's statement
I have completed my examination. I can 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:
-
the accounting records were not kept in accordance with section 130 of the 2011 Act; or
-
the accounts did not accord with the accounting records; or
-
the accounts did 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 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 financial statements to be reached.
Matthew Taylor FCCA James Scott (Accounting) LLP Chartered Certified Accountants 5/6 Salmon Fields Business Village Royton Oldham OL2 6HT
June 2026