2025-12-31-accounts - Parochial Church Council Of St Mary Magdalene Church Littleton

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Annual Meeting

Thursday 30 April 2026 at 7.30pm in the Church

Agenda

Annual Meeting of the Parishioners to be held on Thursday 30 April 2026 at 7.30pm

Opening Prayers

Election of Churchwardens

Annual Parochial Church Meeting (APCM) Thursday 30 April 2026 at 7.40pm

Apologies

Minutes of the previous meeting

Matters Arising

Electoral Roll

Treasurer’s Report

Appointment of Auditor

Election of Members to the PCC

Election of Sidespersons

Reports

AOB – Please notify Reverend Tim Rose of any AOB 24 hours prior to the meeting

Grace

Minutes of the annual vestry meeting on 24th April 2025 in Church at 7.30pm

The election of the Churchwardens in their 6[th] and final year, Rebeccah Cooper-Jones proposed by Fleur Coates and seconded by Beryl May. Jane Cosgrove proposed by Irene Smith and seconded by Vickie Baker, Tim said what a blessing they are to him and all of us.

Minutes of the Annual Parochial meeting on 24[th] April 2025 at 7.45pm

Apologies: Reg Berry, Ian Smith, Graham Waldren, Ros Maynard, Wendy Jackson & Christine Woollard.

Opening prayers: Tim read from 1 Chronicles' 12 v 32 and from Ecclesiastes 3 v 1-8. Stating that times are changing, spring into summer.

As a church we are entering a new season. In September we will be welcoming Jared, Louise and Elizabeth. We have been blessed having these guys. They will bring new things to us. This is the last year of our Churchwardens. Changes to our building. God want us to be the heart and soul of this community. We are called to discern what God is calling us to be. Growing in Faith, Hope and Love. We are called to discern what God is calling us to do. Five people have come to faith in this church in the last 6 weeks. We will bless Jared, Louise and Elizabeth by praying for them.

Other changes happening, Alice Baker and Sadie Pyatt who do our tax reclaim and gift aid are stepping down. 24% of our gift aided income is reclaimed. As a church we offer them a huge thank you for their work in this area. Tim presented them with flowers. Jonathan Baker has also stepped down as a Governor of our school. Tim thanked him for his service to the school and presented him with a case of beer. Peter Baker was thanked for all the years he has been involved with the OSB, being first point of call when problems arose. We thank you from the bottom of our hearts for all you have done.

Matters arising : A question was asked if we could go back to supporting Christian Aid. Tim advised that this question had been discussed before Christmas, and it was decided that we would continue to support the D.E.C. appeals and Tearfund. We have donated £600 to the Middle East and £300 to Myanmar. Will said that a blind person in a wheelchair had donated, saying he had been a collector for years. Will also added that he was glad we were supporting the D.E.C. appeal.

Electoral Roll: The meeting was advised that the total on the roll was 90, with 67 in the parish and 23 non-residents. Tim said that he found that people were more resistant to be on it. Data protection was questioned. There are more people on Church suite than on the electoral roll.

Accounts: Jonathan Baker, Treasurer, stated there was a big difference in income. The OSB has a new tenant and we received a legacy. Planned giving stayed the same and the Fundraisers raised £2000.

He said we had to pay £15,000 surveys and fees. There has been a full year of admin support and a larger spend on the OSB.

Q. Will enquired about the £187,000 in the St John Trust from the sale of the Scout Hut. Tim advised that the Charities Commission may require us to move this money to another account. The scout hut has had a separate charity account since 2023. This account may have to be closed. At the moment we do not know how this will be done. Our solicitor is now giving different advice from before.

Rebeccah (CW) The Trustees are the two churchwardens and the Rector are also responsible for the wider church accounts. There is a consistency in what we have done so it will be an administrative change only. We will wind up the St John’s Trust. Tim: The sale of the scout hut monies will come into the Restoration fund plus the investment. Ironically, showing on church accounts it has been more visible.

Will: In 2018 we were giving £50,000 to the Common fund. In 2012 we were giving £49,000. How do we build this up. Will was advised that we have been gradually building this up since the pandemic. In 2025 we have committed to pay

£48,000. Planned Giving is running at the same level. It is a balance how much we give to the Diocese and what we need to do in the church.

The meeting was asked to agree the accounts. All were in favour.

Jonathan asked if the meeting agreed with staying with our present auditor, Kevin Ogilvy. All agreed.

Tim thanked Jonathan for all his work on our accounts.

Election of member to the PCC: Tim thanked Belinda, Wendy and Reg for their very contribution to the PCC over the past three years. This year we have Dawn Evans Gibson, Phillip Austen-Reed and Hannah Thieulent, seeking election. All were duly elected by the meeting.

Sides persons as before.

Rector’s report: Questions on the Rector’s report: Will: Why do we not have a crib or community carol service anymore?

Answers: Tim: We haven’t had these services for the last 7 years. We do Littleton’s favourite carols, an outdoor nativity service, a Christmas vigil, Christmas eve morning, Midnight Mass, Christmas morning service. All of these are very well attended. Let’s rejoice in the numbers we are getting.

Rebeccah: We can’t please all of the people all the time. There has been a depletion in numbers at Midnight mass and 9 lessons and carols, but there is a significant increase in our service with the studios. It is unfortunate that the level of engagement makes us relook at what we are doing.

Irene: Lots of people come to our favourite carol service. People we never see at any other time.

Jane: Just come to the service it’s special, come and try. One friend said they like coming in, saying it was like a warm hug.

Question from Mari: Why can’t we have community carols too?

Tim: We can’t do every service. No church does and the ones we are doing at the moment seem to be very popular.

Churchwardens’ report: Will: All these plans are going on about how to spend money and alterations to the building. Do they need to be confidential? Tim: Discussions of splits and controversy. We are here as disciples of Jesus Christ. Jane: Nothing is going on behind closed doors. The DAC thanked us for getting them involved so early is discussions. The church is not a museum and must be made fit for purpose. Our building is not fit for purpose as per the Quality Commission. We regularly have two wheelchairs on a Sunday and access is not easy. There is a huge amount of work to be done. When we know, we will share. The architect’s fees are £12,000 for initial plans and the Surveyors will cost more. There is £187,000 in trust and £110,000 in the restoration fund. We need a wealthy benefactor. Will: I don’t want what happened in 2019 to happen again.

Lynda: I am on the PCC, everything to do with our church is openly discussed and openly transparent. The PCC discusses everything openly and we have a prayer group where we pray for our church and community. Questions are asked and challenges are made: Will: Transparency minutes should go to all on the electoral roll. Sue Wood said why don’t you just turn up?

OSB report: In response to a question Louise advised that Shepperton Organic Nursery moved into the OSB on the 1st of February,2025.

Sadie: 2019 deeply affected me. A guest speaker we had was a blessing. He said ‘ Go back to the Lord's prayer – forgive our trespasses’.

The Meeting closed at 8.55pm with The Grace.

Following the APCM meeting Jonathan Baker and Louise Little were co-opted on to the PCC as Treasurer and Secretary by the members of the PCC present.

ST MARY MAGDALENE, LITTLETON ANNUAL REPORT 2025

Rector’s Report

This year I am going to start my report with a strange word. It’s a word that has garnered greater resonance for me over the last year (that’s a posh sentence). The word is silent. Silent is a word that comes up often throughout the Bible and is a word that has been talked of a lot this year with the silent revival. The stories that we have heard this year have been so encouraging from other churches, but also from the church household at St Mary Magdalene. One of the highlights from these stories was our confirmation and baptism service that we held in September. It was wonderful to welcome Bishop Emma once again and to hear stories of how God is transforming lives amongst us.

As well as Bishop Emma, one of our other highlights was welcoming Jared as our new curate along with Louise and Elizabeth. We had a lovely welcome service and lunch in September. The family are a wonderful addition to the church, and I know that Jared’s ministry has already been a huge encouragement to many of you. I want to thank you for how you have welcomed Jared and helped them all to settle in. Do join us for Jared’s priesting in June and do continue to pray for them.

Our children’s and youth work continues to grow from strength to strength with approximately 60 children from 0-18 on our books with 30-40 of those meeting regularly every week. We have a wonderful volunteer team that makes this possible every Sunday. To help strengthen this even more we are looking to employ someone just for a few hours a week to co-ordinate the work and look after specially our 10’s-14’s group. Is this something that God might be calling you to?

I was very blessed in 2025 to have a sabbatical from June to August. As clergy this is something that we are offered every ten years and after 16 years ordained it was lovely to have. I spent the time on the beginnings of a book and some well needed time to relax and recharge the batteries. I am so grateful to the wardens and all of you for making this possible.

We had wonderful Easter and Christmas seasons in 2025 with many people coming through our doors and hearing the life changing message of Jesus Christ. I want to say a huge thank you to Dan Burton at Shepperton studios for enabling us to put on an even bigger nativity this year and for supplying all off the refreshments and equipment.

A huge thank you to everyone who helps with Growing in Faith, Chapter and Verse, Cornerstone, Beer and Bible, Littletots, Wednesday Fellowship, Women’s Breakfasts, those who set the church up on Saturdays, welcomers, choir, musicians, PCC, Fundraisers, leadership team. I’m sure I have missed some people and some events and to those who have just decided to come along, I thank you.

Finally, we have been well and truly blessed over the last six years by two wonderful church wardens. Jane Cosgrove and Rebeccah Cooper Jones. It is the end of Jane’s six years and, although Rebeccah is staying on to do one more to help see in the new warden, I want to thank them for everything. My training incumbent (who retired this year making me feel very old) told me that great wardens are worth their weight in gold. Having two such godly and wise ladies to oversee the spiritual direction of this church has been amazing. Jane and Rebeccah, thank you! You have been extraordinary and thank you for giving and blessing us in so many ways.

I finish by talking about being silent. Being silent is not just an absence of noise it is about making space to hear. Making space to hear the voice of the Spirit as he leads us all on. Without silence we can’t hear. In 2026 let’s quieten ourselves to hear his voice.

To you all, thank you and may 2026 be even more blessed than 2025.

Yours Rev Tim Rose

Churchwardens’ Report

As we reflect on the last year in preparation for the APCM, we also take the opportunity to mention the last 6 years with us being your Wardens. We were inducted as Wardens in 2020 BC – before Covid… and so much has happened since that time. We saw almost 2 years of streaming and meeting remotely. It feels like it was a bad Hollywood movie – the type that would not get the funding to film at Shepperton Studios. We returned to the physical building and if we are honest, wondered whether anyone would return with us. Despite setbacks and some personal losses in that time, our congregation did indeed return, and bought new faces with it. Since our return in late 2021, we have seen nothing but growth – in number, in spiritual growth, and in awe at the wonderful parish we have here in Littleton. We thank God for each and every one of our church household, pray for you all, and look forward to seeing more development over the coming years. Thank you for entrusting us as your Wardens during these years.

The year 2025-26 saw significant development in our church household, as we said goodbye to Tim for a few weeks whilst he was on sabbatical, and welcomed Jared as our Curate in September as Tim returned. The sabbatical period was a blessing to us all, as we had the privilege of welcoming guest ministers and speakers to our Sunday services. A shoutout goes particularly to Irene Smith for her organisation and determination during this period, and to Celine, our Parish Administrator, who navigated various challenges over this time (as she does all the time!). As “absence makes the heart grow fonder”, we welcomed Tim back in September, joined by Jared, and launched almost immediately into another successful Baptism and Confirmation service in September. This service was another great success, adding new Church members to our flock, and encouraging others to investigate their own baptism and confirmation as we look forward to another service later in 2026.

As always, we take this opportunity to thank too many people to mention – we don’t just survive on the services of our volunteers, we thrive! Each person who gives up their time, effort, energy, knowledge, and prayer to the service of our church is valued – our thanks do not seem adequate! THANK YOU!!! We are so grateful to each and every one of you. Our particular thanks goes to Christine and Jill, our sacristan team, to the Choir who are so faithful, to our diligent PCC, to our cleaners, to Audrey Bishop who literally serves us week in, week out, to our Creche, Sunday Club and Youth leaders and helpers, to the Ivy League who keep our churchyard in order, our readers, Communion Assistants and Sides people, to our Cornerstone teams and to our faithful congregants who have served the church for more years than they would like to remember. We are so blessed as a church household.

We are thrilled to report that our Safeguarding (more in a different report!) records are doing well – thanks in no small part to Irene Smith, who is stepping aside (not stepping down!) from her role as Parish Safeguarding Officer, which she has diligently performed for many years. We are so grateful for Irene’s commitment to her role and to our church. Katie Breese is taking the role on moving forward, and we pray for Katie in her particularly ministry, which is so vital. Thank you to you both. Your work has meant that we are overall a safer church for all – but we cannot be complacent! Safeguarding is a topic that is mentioned in every Church of England email and publication, and it is critical for us all, as we are all vulnerable at some point in our lives.

Finally, our day-to-day challenges of worshipping in a Grade 1 listed building continue. We all know that there is much to do in terms of the fabric of our church, and we pray for the ongoing support and guidance of the various professionals who will be involved in our forthcoming renovations in time. There will be much to do in terms of fundraising, grant applications, and so on – so, another shoutout! – if you feel called to assist with fundraising and grant applications, please do speak with us.

Thank you once again to you all – we look forward to the next 12 months of church life.

Jane Cosgrove and Rebeccah Cooper-Jones Churchwardens

Accounts

See attachments -

Audited Accounts 2025

Independent Examiners Report

Safeguarding Report

The church complies with the Safeguarding requirements as laid down by the Church of England and the Diocese of London. Guidance is kept under review by the House of Bishops, as the church reflects on historic shortfalls and strives to improve practice.

The PCC agenda includes Safeguarding at each meeting.

We have been making use of an online tool ‘The Parish Dashboard’, which enables us to record all that we are doing and it highlights next steps for us. We have reached Stage 3, which is the top level and this will be used by the diocese when undertaking the annual audit.

At St Mary Magdalene we carry out a DBS check of all those who work with children and vulnerable adults. These need to be renewed every 3 years. In addition, church leaders and members of the PCC are required to undertake Diocesan Safeguarding training much of which is available online.

Overall, it is an improving picture, but there are always in which we can improve. In the past year we have had a greater and timelier uptake of the safeguarding training required for all who work with children and vulnerable adults, as well as by all PCC members. Thank you.

We are currently in a period of transition with Katie Breese taking on the role of Parish Safeguarding Officer for which she is undertaking the required training for the post. I wish her well in her new responsibilities and ask for your continued support and vigilance in all safeguarding matters.

Irene Smith

Spelthorne Deanery Report

Church meetings also provide opportunities for sharing news and enjoying fellowship with clergy and lay representatives from the eleven churches in the Spelthorne Deanery. The current three year term began on 1st July 2023. We have been reminded that there is a lot of advice and support available from the Diocese of London.

Clergy moves within the Deanery – Rev James Bunyan has been appointed as vicar of Christ Church Staines, Rev Clay Amira was appointed to serve a curacy at St Saviour’s Sunbury and Fr John Hillman has left St Matthew Ashford to take up an appointment as vicar within the Diocese of Winchester.

Annual Finance meetings were hosted by Archdeacon Richard Frank & Dawn Baker (Diocesan Finance Officer)

During the year reports were given by Nick Wood-Dow and Hannah Lawes on issues discussed at the London Diocesan Synod.

The speakers and themes of the three meetings during 2025 were:

In February, Rev Kate Hartley, Managing Chaplain at HMP Bronzefield spoke on the subject “Journeying with those doing time – a Prison Chaplain perspective” then hosted a discussion on issues faced by prisoners and prison officers and on possible support from local churches.

In June, Mrs Sue Willsher, leader of Net zero carbon for the Diocese of Kensington, and Paul Cook of the ARISE charity, spoke on “Bringing social and environmental justice alive in our churches: support from ARISE and the London Diocese”; and discussed a range of issues including modern slavery, poverty, social justice and protection of the environment; together with advice on our role in campaigning, lobbying and prayer.

At the October meeting Rev Derek Winterburn (Kensington Area Environment Lead) and Jack Edwards (Diocesan Environment Officer) gave a presentation on Creation Care and EcoChurch and made constructive suggestions on how we can all be involved in supporting progress on EcoChurch and in adjusting our life-styles towards a more responsible use of resources.

Area Dean – Rev Carole George

Lay Chair – Mr Norman Head

Old School Building Report

2025 has seen business as usual at the OSB.

The Shepperton Organic Nursery finally moved in on the 1st of February, following extensive alterations to the area to the right of the building as you enter. We gained three new toilets one with disabled access and fittings including a baby changing area. The rest of the area was taken up with the Nursery kitchen and utility area, staff rest room, and an office. To finish things off we had the hall decorated, which brought many compliments from our hirers and their clients.

We continue to hire out the hall every day. Some days we have three separate hirers in. We have also continued to work through the suggested safety lighting improvements following our last safety inspection.

On completion of the latest building improvements, it was decided by the OSB management committee to disband after 3 decades of managing and improving the building. The management now comes under the umbrella of the PCC.

Overall, a good year where we have developed a good working relationship with the Nursery who have fitted into the day-to-day life of the OSB seamlessly.

Louise Little

Addendum to Churchwardens’ report 2025

On a specific point of business, the St John's Hall Charitable Trust is the charity that incorporated the activity of the building known as the Scout Hut as provided under trust to the Rector and Churchwardens of St Mary Magdalene church. Following the sale of the building and land, we had been advised that we should include the permanent endowment and interest payments in the church accounts. As a result, we have been required to submit zero returns to the Charity Commission and these have been duly completed. Over the forthcoming months, we are seeking the best possible longer term solution in order to prevent future administrative burdens on the church in relation to the St John's Hall Charitable Trust.

Amendment to 2025 APCM Minutes as notified by Will Hardy:

In respect of the discussion minuted at the bottom of page 2 of the report pack (page 1 of the minutes), please note that Will mentioned the previous Parish Share/Common Fund figure of £60,000 not £50,000 as minuted. This figure will be amended by adding this addendum note to the Report pack in advance of the APCM on 30th April 2026.

Independent Examiner's Report to the Trustees of St Mary Magdalene Church, Littleton

I report on the accounts of the charity for the year ended 31[st] December 2025 which are set out on finance pages of the Annual Report.

Respective Responsibilities of Trustees and Examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (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 Commissioners (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. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in 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 audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner's statement

Since the gross income for the year exceeds the amount provided in section 145(3) of the Act, I confirm that I am qualified to act as Independent Examiner under the provisions of that section of the Act and that my qualification is as shown below.

In connection with my examination, no matter has come to my attention:

1 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 Act; and
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or
2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Kevin Ogilvie

Charity Bookkeeping and Examination Services 13[th] April 2026

13 Evelyns Close,

Hillingdon, Middlesex, UB8 3LR

St Mary Magdalene Church, Littleton (1304)

FINANCIAL STATEMENT FOR YEAR ENDED 31st DECEMBER 2025

Receipts and Payments Accounts

Receipts and Payments Accounts
RECEIPTS Voluntary Receipts Planned Giving Collections at Services All other giving/voluntary receipts[1] Gift Aid recovered Rental Activities for generating funds Investment income [2] Gain on Investment Assets [3] Church activities	Unrestricted Fund £ 39,650.00 5,789.08 4,894.10 10,746.48 9,150.00 4,239.19 6,090.18 - 6,968.12	Unrestricted Designated Fund Restricted Fund £ £ - - - - 41,602.28 - - - - - 1,911.06 - 1,396.28 - - - - -	TOTAL 2025 TOTAL 2024 £ £ 39,650.00 38,611.01 5,789.08 6,829.01 46,496.38 55,140.63 10,746.48 10,991.08 9,150.00 10,800.00 6,150.25 5,857.19 7,486.46 7,741.09 - 4,339.52 6,968.12 6,652.00
TOTAL RECEIPTS	87,527.15	44,909.62 -	132,436.77 146,961.53

Inter-Account Transfers - See Page 2	11,870.00	11,810.26 -	23,680.26 20,291.35

Notes 1. Income in 2024 included a £10,000 legacy which has not been spent in 2025. Agreement to use this towards Youth Work in future with creation of a designated fund which will be set-up in 2026.

2. Unrestriced income is divdends from the St John's Hall Investment Trust and the JW Lea & LN Lea Charity Funds and interest earned from Deposit Account from portion of house rental income held in this account. Unrestricted Designated income is interest earned from the Restortion Fund held in the Deposit Account.

3. Gains on invested funds would be shown here. Both St John's Hall Trust and the JW Lea and LN Lea Charity Funds lost value and is shown under payments.

PAYMENTS

Church activities

PAYMENTS Church activities
Common Fund		48,000.00	-		-	48,000.00	45,000.00
Clergy and staffing costs		4,477.13	-		-	4,477.13	3,818.24
Restoration[4]		-	-		-	-	15,852.00
Church running expenses		21,064.29	-		-	21,064.29	22,324.18
Hall running costs[5]		-	33,102.92		-	33,102.92	37,066.34
Mission and donations		3,839.28	-		-	3,839.28	5,091.17
Cost of generating funds		1,319.24	1,205.01		-	2,524.25	3,015.36
Loss on Investment Assets [6]		-	-		7,806.21	7,806.21	-
Wages		8,254.48	-		-	8,254.48	5,823.96
TOTAL PAYMENTS		86,954.42	34,307.93		7,806.21	129,068.56	137,991.25

Inter-Account Transfers - See Page 2		12,660.00	11,020.26		-	23,680.26	20,291.35

EXCESS OF PAYMENTS AND RECEIPTS	-	217.27	11,391.69	-	7,806.21	3,368.21	8,970.28

Notes 4 There are no costs towards restoration in 2025 vs. 2024 when this project was restarted and architect fees and survey works were paid from. Includes costs for floor repairs from 2024 works. This was partly supported by the Church Reserve fund but was returned from OSB funds the same year. 5. Increase in utilities from Nursery which is in discussion for return from the operators of the nursery

6. Invested funds under St John's Hall Trust and JW Lea & LN Lea Charity lost value in 2025.

Cash at bank and in hand at 1 Jan 2025 Cash at bank and in hand at 31 Dec 2025	Unrestricted Fund 85,634.60 85,317.33	Unrestricted Designated Fund Restricted Fund TOTAL 2025 132,877.04 196,493.26 415,004.90 144,368.73 188,687.05 418,373.11

St Mary Magdalene Church, Littleton (1304)

Statement of Assets and Liabilities Shares - St Johns Hall Trust Deposit Account (unrestricted) Cornerstone Cash Fund Raisers Petty Cash Littletots Deposit Account (Designated) Reserve Deposit Account (Designated) Cash Restoration Petty Cash Children and Youth Deposit Account (Designated) Restoration Deposit Account (Designated) Cornerstone Deposit Account (Designated) BALANCE TOTALS Bank Current Account Fund Raisers Account Summer Ball Old School Building Fund Bank Accounts Fixed Assets Shares - JW Lea & L N Lea Charity Heasman Deposit Account (Restricted) Talent Fund Deposit Account (Restricted) Littletots Cash	Unrestricted Fund £ - - 40,929.48 489.38 1,621.94 - 42,220.29 - - - - - - - - - - 56.24	Unrestricted Designated Fund Restricted Fund £ £ - 6,019.54 - 180,188.93 9.75 - - - - - 17,312.50 - - - 4.90 - 112,613.93 - 3,129.99 - - 1,965.81 - 512.77 10,000.00 - 907.42 - 29.69 - 55.13 - 305.42 - -	TOTAL 2025 TOTAL 2024 £ £ 6,019.54 6,322.17 180,188.93 187,692.51 40,939.23 51,287.13 489.38 304.41 1,621.94 1,621.94 17,312.50 8,813.14 42,220.29 32,372.16 4.90 4.90 112,613.93 110,327.65 3,129.99 2,629.99 1,965.81 1,965.81 512.77 512.77 10,000.00 10,000.00 907.42 587.16 29.69 29.69 55.13 207.26 305.42 267.50 56.24 58.71
	85,317.33	144,368.73 188,687.05	418,373.11 415,004.90

LIABILITIES

None

Notes 7. The financial statements of the PCC have been prepared in accordance with Church Accounting Regulations 2011 on a receipts and payments basis

St Mary Magdalene Church, Littleton (1304)

Analysis of Account Transfers

Account Transfers IN Church Church Deposit Account from Littletots Cash Fundraisers Donations from Cash Raised Current Account from Restoration Deposit Account for OSB Floor repairs OSB Account from Church Current Account for Floor Repairs Church Current Account from OSB Account - Reserve return Deposit Account from Current Account - Reserve return Current Account from Littletots Deposit Account to pay donations Church Deposit Account from Cornerstone Cash Account Transfers OUT Littletots Cash to Church Deposit Account Fundraisers Donations Cash to Church Accounts Reserve Deposit Account to Church Current Account for Transfer to OSB Church Current Account to OSB for Floor Repairs OSB Account to Church Current Account Reserve Return Church Current Account to Reserve Deposit Account returned Littletots Deposit Account to Current Account to pay donations Cornerstone Cash to Church Deposit Account	Unrestricted Fund £ - 1,770.00 5,000.00 - 5,000.00 - 100.00 -	Unrestricted Designated Fund Restricted Fund TOTAL 2025 £ £ £ 420.26 - 420.26 890.00 - 2,660.00 - - 5,000.00 5,000.00 - 5,000.00 - - 5,000.00 5,000.00 - 5,000.00 - - 100.00 500.00 - 500.00
	11,870.00	11,810.26 - 23,680.26
	- 2,660.00 - 5,000.00 - 5,000.00 - -	420.26 - 420.26 - - 2,660.00 5,000.00 - 5,000.00 - - 5,000.00 5,000.00 - 5,000.00 - - 5,000.00 100.00 - 100.00 500.00 - 500.00
	12,660.00	11,020.26 - 23,680.26

Notes 8.

St Mary Magdalene Church, Littleton (1304)

The movements in designated and restricted funds during the year were:

Restricted Heasman Legacy Fund 8a JW Lea & LN Lea Charity 8b St John Trust 8c Talent Fund 8d Designated Old School Building Fund 8e Children & Youth Fund 8f Restoration Fund incl Petty Cash 8g Cornerstone 8h Reserve 8i AV Fund 8j Littletots 8k	Bal. C/fwd Receipts Payments Transfer Bal. C/fwd 1,965.81 - - - 1,965.81 6,322.17 - 302.63 - 6,019.54 187,692.51 - 7,503.58 - 180,188.93 512.77 - - - 512.77
	196,493.26 - 7,806.21 - 188,687.05
	8,813.14 46,602.28 38,102.92 - 17,312.50 4.90 - - - 4.90 110,357.34 2,286.28 - - 112,643.62 2,897.49 1,928.14 1,390.22 - 3,435.41 10,000.00 5,000.00 5,000.00 - 10,000.00 9.75 - - - 9.75 794.42 903.18 735.05 - 962.55
	132,877.04 56,719.88 45,228.19 - 144,368.73

Heasman Legacy represents monies donated for the maintenance and improvement of St Mary Magdalene church by the Estate of the Revd. Heasman in 2001. a The fund remained unused in 2025.

JW Lea & LN Lea Charity is a legacy fund that the church receives an income via a shares fund. The income is shown under Investment Income. The fund shown in b 8b is the holding fund, with the receipt or payment amount the increase or reduction in value of this investment.

St John Hall Trust is a fund set up following the sale of St John Hall ("Scout Hut"). A proportion of this sale is held in trust with the income used for the works of the

c church. The fund shown in 8c is the holding fund, with the receipt or payment amount the increase or reduction in value of this investment. Legal advice has been taken and this fund will continue to be recorded under the church accounts (see notes from 2024)

Talent Fund is for projects for the benefit of the church or wider community. It can also be used to help those in need as recommended by the incumbent. The d fund remained unused in 2025.

Old School Building income and expenditure is from the building being used for community use and education of children i.e guides etc . The new nursery and

e ongoing hires provide a regular income and a commitee reporting to the PCC controls costs and repairs. The Old School Building Committee have a long term aim to provide further incomes for the church.

Children & Youth is the fund for the creche, Sunday club and Youth groups . Limited funds remain. This small fund remains unused with the church now budgeting f for childrens and youth work from normal church funds.

g Restoration Fund is the designated funds to the upkeep of the church building. Income has been from Fund Raising committee where 1/3 of their donation is put into the restoration fund as well as from deposit account interest. No outgoings in 2025 in comparison to 2024 when architect fees and survey costs were incurred.

Cornerstone is the community café run in the Old School Building by Church Volunteers. Donations are used to run the café with any surplus retained for future h use for this project. Discussions are ongoing on what this can be used for with balances currently remaining unused.

i Reserve is a fund retained in case of emergencies and to have a fund should incomes decline for any reason. This reserve fund was used in 2025 to support repair costs to the new floor in the Old School Building. Funds were returned back to the reserve from Old School Building funds the same year.

AV Fund Founded 2021 following fundraising through 2020 and 2021 for work to improve the equipment in the church. Included donations via the giving website

j specifically for this task plus donations given by individuals specifically for this fund. In addition a legacy from 2020 was designated to improve the AV as the PCC felt the person would have approved it's use. No further fundraising for this in 2025 and no further expenditures.

k Littletots is a parent and toddler group operated at the Old School Building operated by church volunteers. Donations are taken on entry and used for supplies. Remaining funds retained for use by this project.

St Mary Magdalene Church, Littleton (1304)

Further analysis of major receipts and payments

Unrestricted Fund - - - 2,270.86	Unrestricted Designated Fund Restricted Fund 46,602.28 - - - - - - -	TOTAL 2025 TOTAL 2024 46,602.28 37,696.13 - 10,000.00 - - 2,270.86 2,369.50
2,270.86	46,602.28 -	48,873.14 50,065.63
77.45 4,161.74	- - - -	77.45 166.31 4,161.74 3,352.60
4,239.19	- -	4,239.19 3,518.91
4,047.12 2,921.00	- - - -	4,047.12 3,993.00 2,921.00 2,659.00
6,968.12	- -	6,968.12 6,652.00
9,150.00	- -	9,150.00 10,800.00
9,150.00	- -	9,150.00 10,800.00
10,746.48	- -	10,746.48 10,991.08
10,746.48	- -	10,746.48 10,991.08
176.73 5,215.32 698.13 -	- - - - - - 1,396.28	176.73 172.08 5,215.32 5,093.56 698.13 - 1,396.28 2,475.45
6,090.18	1,396.28 -	7,486.46 7,741.09

Notes 9. With house rental income being held in this account 1/3 of interest earned is now added to general funds with the remaining 2/3 added to the Restoration Fund

Unrestricted Fund 2,903.00 1,021.00 767.33	Unrestricted Designated Fund Restricted Fund - - - - - -	TOTAL 2025 TOTAL 2024 2,903.00 2,351.00 1,021.00 - 767.33 546.02
4,691.33	- -	4,691.33 2,897.02
999.52 2,341.69 4,889.29 3,309.56 952.30 3,454.27 988.19 161.28 - 2,438.19 1,530.00	- - - - - - - - - - - - - - - - - - - - - -	999.52 1,242.63 2,341.69 1,764.37 4,889.29 5,175.29 3,309.56 3,324.92 952.30 862.18 3,454.27 2,982.47 988.19 1,088.29 161.28 184.40 - 1,077.00 2,438.19 3,268.13 1,530.00 1,354.50
21,064.29	- -	21,064.29 22,324.18
- - - -	9,538.25 - 2,155.66 - 7,765.32 - 13,643.69 -	9,538.25 16,430.33 2,155.66 2,056.08 7,765.32 2,264.62 13,643.69 16,315.31
-	33,102.92 -	33,102.92 37,066.34
1,770.00 1,319.24	890.00 - - -	2,660.00 1,970.00 1,319.24 1,437.41
3,089.24	890.00 -	3,979.24 3,407.41
1,199.65 744.54	- - - -	1,199.65 396.86 744.54 2,368.04
1,944.19	- -	1,944.19 2,764.90
2025 442.76 301.78 - - -	2024 Notes 220.81 - 695.73 1,142.50 *2025 collections were transferred in 2026 = £1526.32* 309.00 2,368.04
744.54

NOTES

1) The financial statements of the Parochial Church Council have been prepared in accordance with the Church accounting regulations.

2) Donations and fundraising remain the key part of the income for the church, as well as investment income, hall hire and house rental

3) A focus remains on continuing to encourage planned giving to allow ongoing increases in the church's common fund contribution and to allow funds for mission, community and children/youth work.

The PCC is a registered charity No. 1154895.

Approved by the Parochial Church Council on and signed on their behalf by

Rector Revd. Tim Rose

DATE 29/01/2026 Treasurer Jonathan Baker