INDEPENDENT EXAMINER'S REPORTTOTHE PCC OF CHRIST CHURCH, ASHTONiINDERIYNE FOR THE YEAR ENDED 31°'DECEMBER 2025 This report on the financial statements of the PCC for the year ended 3131 Dember 2025, is in respect of an examination carried out in accordance with section 145 of the Charities Act 2011 {'The Act,) Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the financial slatemenls. The charity's trustees consider that an audit is nol required for this year (under section 14412) of the Act). and that an independent exAminalion is needed. It is my responsibility to.. examine the accounts lunder section 145 of the Acll., lo follow the prOCedu$121d down in the General Directions given by the Charity Commissioners (under section 14515)Ib) of the Act),. and lo slate whether particular matters have come lo my attention. Basis of this report My examination was carried out in accordan with General Directions given by the Charity Commission under section 145{5llb) of the Act. An examination include5 a review of the accounting records kept by the charity and a comparison of the accounts presented with those rewrds. 11 also includes consideration of any unusual items or disclosures in the accounts. and seeking explanations from the Iruslees concerning any such mattets. The procedures undertaken do not provide all the ewdence that would be required in an audit. and consequently I do not express an audi( opinion on the accounts. Independent èxaminer's statement In the course of my examination, no matters have come lo my attention 1. which gives me reasonable cause to believe that, in any material respect. the Iruslees have not met the requirements to ensure Ihal.. proper accounting COrdS are kept {in accordance with section 130 of thè Act)., and accounts are prep8red which agree wi(h the accounting records and comply w(th the accounting requirements of the Act., or 2. to which, in my opinion, attention should be drawn in order lo enable a proper understanding ofthe accounts lo be reached. Slgned.. John L Miller Dlr$ctor JLM Accounting Ltd f Daisy Close Ashton-undor-Lyno Lancashire OL7 9NZ 6 Alay 2026
Receipts and Payments
Christ Church, Ashton-under-Lyne
Period: 01/01/2025 to 31/12/2025
| Notes Receipts Voluntary Income 2(a) Fundraising trading 2(b) Investment Income 2(c) Income from church activities 2(d) Other Income 2(e) Total Receipts Payments Fundraising trading costs 3(a) Church Activities 3(b) Governance 3(c) Restoration 3(d) Total Payments Excess of Receipts over Payments before transfers Transfers Transfers between funds - in -out Net Movement in Funds Cash & Bank balances b/fwd 1st January 2025 Cash & Bank balances c/fwd 31st December 2025 |
Unrestricted 20,990.91 409.00 172.27 6,587.00 3,288.00 31,447.18 -86.82 -93,071.13 -93,157.95 -61,710.77 -61,710.77 198,104.75 136,393.98 |
Designated 0.00 0.00 0.00 0.00 71,616.47 71,616.47 |
Restricted 40.00 40.00 -42.50 -42.50 -2.50 -2.50 29,685.04 29,682.54 |
2025 2024 21,030.91 22,462.85 409.00 1,083.46 172.27 190.26 6,587.00 3,849.00 3,288.00 3,549.16 31,487.18 31,134.73 -86.82 -184.54 -93,113.63 -56,019.41 0.00 0.00 0.00 0.00 -93,200.45 -56,203.95 -61,713.27 -25,069.22 0.00 0.00 0.00 0.00 -61,713.27 -25,069.22 299,406.26 324,475.48 237,692.99 299,406.26 |
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Statement of Assets and Liabilities
Christ Church, Ashton-under-Lyne
As at 31st December 2025
| Notes | 2025 Unrestricted funds |
2025 Designated |
funds | 2025 Restricted |
funds | TOTAL 2025 |
TOTAL 2024 |
|
|---|---|---|---|---|---|---|---|---|
| Bank & Deposit Balances | £ | £ | £ | £ | £ | |||
| Bank & deposit balances brought forward | 198,104.75 | 71,616.47 | 29,685.04 | 299,406.26 | 324,475.48 | |||
| Excess of Receipts over payments for the year | -61,710.77 | 0.00 | -2.50 | -61,713.27 | -25,069.22 | |||
| Transfers between funds | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| Bank & deposit balances carried forward | 6 | 136,393.98 | 71,616.47 | 29,682.54 | 237,692.99 | 299,406.26 |
Christ Church, Ashton-under-Lyne
NOTES TO THE FINANCIAL STATEMENTS for the year ending 31 December 2025
1. ACCOUNTING POLICIES
The principal accounting policies adopted in the preparation of the financial statements are set out below.
Basis of preparation
The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 using the Receipts and Payments basis. The financial statements include all transactions for which the PCC is responsible. 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.
Fund accounting
Endowment Funds are funds, the capital of which must be maintained; only income arising from investment may be used either as restricted or unrestricted funds depending upon the purpose for which the endowment was established. The PCC currently holds no endowment funds.
Restricted Funds represent donations or grants received for a specific purpose or invited by the PCC for a specific purpose. The funds may only be expended on the specific purpose for which they were given. Any balance remaining unspent at the end of the year is carried forward as a balance on that fund. The PCC does not normally invest separately for each fund but, when appropriate, interest is apportioned to individual funds. All receipts and payments relating specifically to restoration of the church building are categorised as Restricted Funds. There is also a Restricted Fund established in 2012 'for the good of the choir'.
Designated Funds are funds which are not restricted by the donor but which the PCC has agreed to designate to be used in the future for a specific purpose. They remain under the control of the PCC as part of unrestricted funds and could be re-designated at any time in the future at the discretion of the PCC.
Unrestricted Funds are general funds which can be used for PCC ordinary purposes. They include designated funds and free reserves. Free reserves are those funds available to be used at the discretion of the PCC which have not been designated for any particular purpose.
Receipts and Payments
Christ Church, Ashton-under-Lyne
2(a) Voluntary Income
| Donations - FOCC Planned Giving Envelopes Donations - SumUp card giving Donations - FOCC standing orders Cash collections Donations Special appeals Votive candles Tax recoverable Legacies Donations - Book of Remembrance Fund raising events Bookstall/Cards 100 Club Diocesan Board of Finance Deposit Fund interest Bank interest Dividends Revaluation of COIF units (J Walker Charity) ities Service Fees Room hire Parish magazine Insurance claim Other income Grant Income Costs of events Stewardship costs |
2025 2024 130.00 297.76 7,864.16 7,381.40 8,063.85 8,257.80 1,576.62 1,948.60 2,773.53 287.33 0.00 0.00 12.75 0.00 0.00 4,289.96 0.00 0.00 610.00 0.00 21,030.91 22,462.85 2025 2024 409.00 1,083.46 0.00 0.00 0.00 0.00 409.00 1,083.46 2025 2024 134.74 157.57 0.00 0.00 37.53 32.69 0.00 0.00 172.27 190.26 2025 2024 4,357.00 2,039.00 2,230.00 1,810.00 0.00 0.00 6,587.00 3,849.00 2025 2024 0.00 2,249.16 0.00 0.00 3,288.00 1,300.00 3,288.00 3,549.16 2025 2024 0.00 -70.95 -86.82 -113.59 -86.82 -184.54 |
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2(b) Fundraising trading
2(c) Investment Income
2(d) Income from church activities
2(e) Other Income
3(a) Fundraising trading costs
Receipts and Payments
Christ Church, Ashton-under-Lyne
3(b) Church Activities
3(c) Governance
3(d) Restoration
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2025 2024
Mission and charity giving - home -50.00 -45.00
Mission and charity giving - overseas 0.00 0.00
Clergy discretionary giving 0.00 0.00
Parish Share -28,568.00 -28,872.00
Vicar's expenses -5,183.21 -4,846.34
Curate's expenses 0.00 0.00
Vicarage Council Tax -2,107.62 -1,997.83
School ministry expenses -83.75 -81.10
Prayer Group expenses 0.00 0.00
Repairs and maintenance -31,492.33 -7,108.46
Insurance -4,106.07 -3,899.37
Gas -8,394.00 -8,121.00
Electricity -3,464.76 5,468.54
Telephone -951.39 -822.63
Office costs 0.00 0.00
Postage and stationery -115.46 -47.77
Bank Service Charge -42.50 86.94
Cleaners -1,080.00 -576.26
Messy Church expenses -38.64 -87.00
Upkeep of services -2,977.47 -2,129.01
Gravedigger -50.00 0.00
Organist fee -485.00 -95.00
Water -2,364.43 -2,032.12
Legal costs 0.00 0.00
Occasional Office fees -1,559.00 -814.00
-93,113.63 -56,019.41
2025 2024
PCC governance costs 0.00 0.00
0.00 0.00
2025 2024
Restoration Consultancy 0.00 0.00
Restoration Work 0.00 0.00
0.00 0.00
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Christ Church, Ashton-under-Lyne
NOTES TO THE FINANCIAL STATEMENTS for the year ending 31 December 2025 (Cont)
| 4. FUND MOVEMENTS Unrestricted funds - General Unrestricted funds - Designated Unrestricted funds - Total Restricted funds - Restoration Restricted funds - Choir Restricted funds -Total Total Funds |
Balance 31st Dec 2024 Incoming Resources Resources Expended Transfers In / (out) Balance 31st Dec 2025 198,104.75 31,447.18 -93,157.95 0.00 136,393.98 71,616.47 0.00 0.00 0.00 71,616.47 269,721.22 31,447.18 -93,157.95 0.00 208,010.45 28,685.04 40.00 -42.50 0.00 28,682.54 1,000.00 0.00 0.00 0.00 1,000.00 29,685.04 40.00 -42.50 0.00 29,682.54 299,406.26 31,487.18 -93,200.45 0.00 237,692.99 |
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5. TREASURER'S SUMMARY OF ACCOUNTS
Income
Giving
The establishment of a dedicated fundraising committee has reaped rewards since October 2025. Various fundraising initiatives have been established including revival of the 100 Club Draw.
Service Fees
Despite being in interregnum since May 2025, service fees have increased this year.
Room hire
Payments for use of the church by various community groups on three evenings a week has raised £2,230. Unfortunately, two of the groups have now given notice that they are ceasing to use Christ Church as a meeting venue.
Other income
Grant income has been received totalling £3,288 to assist with repair costs following a leak and the repair of the porch light.
Expenditure
Parish Share
Our Parish Share of £30,000 was paid in full. All the Encouragement Scheme milestones were achieved which will result in a £600 reduction of our 2026 payment.
Utilities
Electricity - The monthly consumption of electricity is paid for in full each month by Direct Debit. Consumed in 2025 = £2,501, paid in 2025 £2,034, December's consumption will be paid for in 2026. A credit balance of £5,468 was carried forward from 2024. Future Direct Debit payments will be reduced to account for this.
Gas - The Direct Debit is calculated by dividing the estimated annual cost by 12 months. The actual consumption in 2025 was £4,881. The total payments made by D/D were £8,394. The account is currently in credit by £2,791. For five months of 2025, no gas was consumed while the boiler was being replaced. The consumption for 2026 will inevitably increase to a new 'normal' and the level of payments being made will be reviewed.
Repairs and maintenance
A number of necessary and, to some extent, unforeseen repairs/replacements have been made. The largest of these was the boiler replacement. Grant monies are pending to offset half of this cost but this will appear next year.
Bank service charge
Our current bankers, Lloyds Bank, have changed the terms of their charity account provision which has been to our detriment. A review of our accounts is currently being undertaken.
| 6. ACCOUNT & CASH BALANCES PCC General Account Restoration & Improvement Fund Restoration Account Decorating Fund Organ Fund Walkers Charity Account CofE Deposit Fund - Christ Church GARS CofE Deposit Fund - PCC1 CofE Deposit Fund - PCC No.2 Account Lloyds TSB Shares Petty Cash Total |
Balance 31st Dec 2025 Balance 31st Dec 2024 131,703.63 193,539.49 5,503.69 5,503.69 94,157.05 94,159.55 469.12 469.12 1,607.54 1,607.54 0.00 0.00 3,000.00 3,000.00 26.87 26.87 0.00 0.00 1,100.00 1,100.00 125.09 0.00 237,692.99 299,406.26 |
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