2025-12-31-accounts

Annual Report and Financial Statements of the Parochial Church Council of The Parish of Bloxwich

For the year ended 31[st] December 2025 Registered Charity Number: 1159897

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The Parochial Church Council of The Parish of Bloxwich

Trustees’ Annual Report for the year ended 31[st] December 2025

Charity registration number: 1159897

Objectives and Activities

The Parochial Church Council of The Parish of Bloxwich (the PCC) has the responsibility of co-operating with the incumbent, Rev David Candlin, in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelical, social and ecumenical. The PCC is also spiritually responsible for the maintenance of the church

The PCC is committed to enabling as many people as possible to worship at our church and to become part of our parish community at all three Churches All Saints, Holy Ascension and St Thomas’s. Our services and worship put faith into practice through prayer, scripture, music and sacrament. Also, through non sacramental activities of hospitality and fellowship we aim to reach non churched members of the community.

Public Benefit

The trustees of the Charity are aware of the Charity Commission’s guidance on public benefit in The Advancement of Religion for the Public Benefit and have had regard to it in their administration of the Charity. The trustees believe that, by promoting the work of the Church of England in the Ecclesiastical Parish of Bloxwich, it helps to promote the whole mission of the Church (pastoral, evangelistic, social and ecumenical) more effectively, within the Ecclesiastical Parish, and that in doing so it provides a benefit to the public by:

• Providing facilities for public worship, pastoral care and spiritual, moral and intellectual development, both for its members and for anyone who wishes to benefit from what the Church offers; and

• Promoting Christian values and service by members of the Church in and to their communities, to the benefit of individuals and society as a whole.

Achievements and Performance

Team Rector’s Report

Welcome to the annual report and accounts of Bloxwich PCC. 2025 was marked by two significant developments for the PCC and the wider parish; one pastoral, the other financial.

The first and most welcome pastoral development was the licensing in August by the Bishop of Wolverhampton, Tim Wambunya, of Rev Amanda Mallen as our Team Vicar. Amanda made a significant impact in the three years of her curacy and I am delighted that she will be serving Bloxwich as vicar. She is a super minister and a great colleague.

The event of financial significance to the PCC is the sale of the Old Lane Mission Hall. This building housed a small but faithful congregation – St James – until 2015 and thereafter a youth club and a free church. In 2023 the PCC judged the building to be surplus to need and beyond our means to maintain, so it was placed on the market and the sale completed in February 2025. The transaction netted just over £170,000, which strengthens our financial health significantly. The PCC has earmarked £28,000 for repairs and maintenance work to All Saints and St Thomas which was identified in the quinquennials, and £30,000 for the refurbishment of the narthex at All Saints. The funds have also enabled the PCC to hire a part-time administrator.

The rest of my report reflects the themes of the diocesan strategy Seeking the Kingdom :

Be purposeful about evangelism

Our primary work of evangelism in Bloxwich is through the baptism and wedding offices. We seek to engage couples and families

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with young children by strongly encouraging them to come along to Messy Church and our informal monthly band-led worship at All Saints – Our Story Our Song (previously Truth be Told). We are purposeful in helping families feel they belong. Our Story Our Song now has a congregation greater than that of any one of our three churches’ regular congregations on the Sunday in the month when it takes place.

Both Holy Ascension and St Thomas offer a weekly Places of Welcome coffee morning and we are seeking to introduce a time of prayer at both gatherings, using the SoulSpace model we learned about at a workshop organised by the Diocese. Holy Ascension is a Dementia-Friendly Church and provides a welcome to people living with dementia and their families and carers. Members of the congregation at St Thomas knocked on doors and leafletted the Mossley estate in the summer to tell people about the church and encourage them along to a Pet Service.

We play a central role in Churches Together in Bloxwich and Blakenall, including organising the annual Good Friday Walk of Witness which brings together about 60 Christians from different denominations to witness to the good news of Jesus Christ in Bloxwich town centre. We also organise Carols in the Market on the Saturday before Christmas.

Engage creatively with local communities

We have organised a Parish Open Day at All Saints for the last two years and invited the community to visit and find out more about the activities of our three churches. We opened and closed the 2025 Open Day with an act of worship, and attendance has been encouraging.

All Saints is engaging with other groups to deepen community links. We worked with the Midland Langar Seva Society, a Sikh charity, to secure funds to run a youth club in the church hall. We and MLSS were both frustrated when, despite the obvious lack of alternative provision for teenagers in Bloxwich, the youth club was not well attended, and we did not secure continuing funding for this initiative.

All Saints provides space for First Step Recovery – a charity supporting people who are recovering from substance abuse. In addition to providing a valuable service to the community, this partnership is a model of good cooperation; we provide space in the church hall at below market rent and First Step Recovery contributes to the repair and maintenance of the building.

All Saints supports the Bloxwich branch of the Royal British Legion by providing space in the church grounds and use of the church hall for an annual Bloxwich Armed Forces Day, which is growing in popularity and reach. Bloxwich RBL have also generously given their time to organise a working group to maintain the church grounds.

Become more diverse

Seeking the Kingdom envisages that each parish should become more representative of the age profile and diversity of the community it serves. We are some way from being representative of the age profile of our parish, where broadly speaking 1 in 5 people are under the age of 16 and a similar proportion over 65*. In common with many Anglican congregations, a majority in all three of our churches is over 65 and we have few children attending on a regular basis. However, certainly at St Thomas and All Saints we are seeing a refreshing of our congregations; this may not be leading to numerical growth yet, but it is perceptibly changing the age profile as we welcome new families and children. Bloxwich is 90 per cent ethnically white, and in this regard both All Saints and St Thomas are representative of their local community.

Grow Younger

We are working purposefully with the two Church of England primary schools in the parish – All Saints National Academy and Little Bloxwich – to build relations with the children and their families and our churches – All Saints and Holy Ascension respectively. Rev Amanda and I lead whole-school worship on a weekly basis, and we have a rhythm of end-of-terms services in church for the children and their families. Children from ASNA are coming into All Saints on a class-by-class basis to deepen their knowledge of faith and increase their sense of feeling at home in church.

We have developed links with some of the local non-church primary schools and with Walsall Academy, a secondary school in the parish, but these are contingent on the continued support of the teacher leads. We have good relations with a couple of the local nursery schools, which visit church on a termly basis, and with a special school in the parish.

Personal Reflection

I am grateful to our lay ministers – Angie, Helen and Ade – for their energy, commitment and good humour. Thanks are also due to our wardens, DCC and PCC members and all our volunteers for the hard work of doing church, extending our parish mission and fundraising.

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I have enjoyed serving as the mayor’s chaplain, high points of which were preaching at the Remembrance Sunday ceremony at Walsall Cenotaph and at the Mayor’s Christmas Carol Service at St Matthew’s. I continue to serve as a volunteer chaplain at HMP Oakwood, including leading an act of Remembrance on Armistice Day which was very moving. Leading a monthly service at the Stan Ball Centre and catching up afterwards with the elderly and people with learning difficulties who use the centre continues to bring me great joy.

Thanks be to God.

David Candlin Team Rector

Financial Review

PCC of Bloxwich

Net Total Assets: £276,815_2025 [£142,435_2024] Excess: £136,788_2025 – Unrestricted Excess: £156,784 Restricted Deficit: (£19,996) [Deficit: (£274) 2024]

All Saints Accounts :

Net Total Assets: £79,434 2025 [£100,044 2024] Deficit – (£18,232) 2025 - Unrestricted Deficit: (4,120) Restricted Deficit: (£14,113) Excess – £1,105 2024

All Saints’ unrestricted income for the year was just under £66,000, of which gift aid collections raised almost £16,500 (and we were able to reclaim gift aid of just over £5,000 in the year). The second important source of income was from church hall lettings, which increased from just under £11,200 in 2024 to almost £15,500 in 2025. Fees from weddings and funerals continue to be an important source of income, bringing in £8,652. And while it is still a relatively small proportion of total giving, we are encouraged by receipts from contactless giving, which increased almost threefold compared with 2024 to £784.

Unrestricted expenditure was almost £70,000. Our largest cost is our contribution to the Common Fund, which we paid in full in 2025 (£33,793). Our heating and lighting costs have increased by 45% from 2024 to £9,627, which is largely a consequence of the increased hire of the church hall. We paid for church maintenance of almost £6,000 from general funds; the largest bill was for £4,200 to remove bird fouling from the bell tower.

Overall, therefore we recorded a deficit in unrestricted funds of a little over £4,000. This is made up of a deficit in the running of All Saints church of just over £9,000 and a surplus from hire of the church hall of just over £5,000. Going forwards, we shall need to encourage generous giving and reinvigorate our fund-raising in order to bring unrestricted income and expenditure into balance.

We received restricted income of £3,500 in 2025 but spent considerably more – just over £17,600 – resulting in a deficit at the end of the year of £14,113. However, this was largely due to architect’s fees: we spent over £11,200 with Arrol Green Design to prepare drawings to support a faculty for the refurbishment of the narthex and adjoining rooms and to manage the project. We have obtained faculty approval and we are scheduling the work to take place in the second half of 2026; the works have been costed at £30,000, which will be met from PCC funds from the sale of Old Lane.

As a consequence of these and other movements in funds, All Saints DCC balance sheet has shrunk from £100K at the beginning of 2025 to £79,435 at the year-end. However, following the sale of Old Lane Mission Hall, which sold for £175K (£171,222 net of sale costs), the overall financial position of the PCC is significantly stronger than this time last year.

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Holy Ascension Accounts :

Total Assets: £25,195_2025 [£32,514 2024] Deficit: – (£7,320) _2025_Unrestricted_Excess: £1,902_Restricted_Deficit: (£9,222) [Excess: £4,841 2024]

The deficit has been caused by expenditure on major repairs using the building fund which is restricted. The unrestricted fund is still showing an excess.

The overall income has increased from £31,871_2024 to £32,176_2025. The only notable difference is 08A1 Non-recurring one off grants.

The overall expenditure has increased from £27,030_2024 to £39,496_2025. The only notable difference is 2701/2710/2720 which is the major work.

Holy Ascension have again paid their Common Fund request in full.

Thanks go to Richard for his continued support

Parish :

Total Assets: £166,468_2025 [£840_2024] Excess: £165,628_2025 [Deficit: (£4,074)_2024]

Each Church now transfers funds into the Parish account and this is shown against code 2300 Parish expenses. So that there is no duplication the Agency accounts are used to receive the funds and pay any invoices. At year end the Agency account Parish Expenses will be cleared and the contra entry posted against 2300 within the Parish licence so that on consolidation the correct net figure is shown. The amount transferred from 2300 to clear Parish expenses Agency was £947_2025 [£610_2024]

£3,500 was transferred to St Thomas for cashflow purposes and posted against 2300 Parish expenses along with the Skip hire of £400.

Bloxwich Youth account 50036368 was closed in 2026 and transferred to 00036070.

The proceeds of the Sale of the Old Mission Hall were received by Lichfield in May 2025 totalling £171,409 into account number CB1009177. £5,000 was transferred to All Saints to repay the loan to the Parish in 2024. £10,000 was transferred to 00036070 for dispersal as per the PCC instructions. £400 was paid for the hire of a skip to clear the Old Mission hall. £3,308 interest was added and a balance of £158,048 transferred to CB1009540 so that funds could be held locally.

St Thomas Accounts :

Total Assets: £5,717 2025 [£9,036 2024] Deficit: (£3,289) 2025 – Unrestricted_Deficit: (£3,377)_Restricted Excess: £88 [Deficit: (£2,144) 2024]

Overall income has reduced from £27,135 2024 to £20,985 2025. The most notable differences being reductions in 0550 Donations and 1230 Church Hall lettings.

Expenditure has also reduced from £29,280 2024 to £24,273 2025. The most notable difference is 2300_Parish Expenses this code is showing (£2,660). £3,500 was transferred from the Parish account CCLA deposit account. This was posted as expenditure of 2300 in the Parish licence and to avoid duplication in the consolidated accounts posted as minus expenditure in St Thomas licence. It has to be posted in this way because it is neither income nor expenditure and just a transfer from one account to another. 2440 has also seen a reduction.

St Thomas have paid their 2025 Common fund in full.

Thanks go to Margaret for her continued support.

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Reserves Policy

It is PCC policy to try to maintain a balance on free reserves (net current assets) which equates to at least three months unrestricted payments. Each church will identify their own figure based on its expenditure. The reserve will be held in a designated fund on the Statements of Assets and Liabilities. However, for the purposes of this report we have quoted the target as a whole. Three months expenditure is equivalent to £30,651_2025 [£30,131_2024]. It is held to smooth out fluctuations in cash flow and to meet emergencies. The balance of the free reserves at the year-end was £188,244_2025 [£16,437_2024]. This is considerably higher than the target. The increase in free reserves is largely attributable to the sale of the Old Mission Hall for £171,409. It should be noted that planned expenditure across the Churches will draw down a portion of these funds in due course. In the uncertain economic climate, the trustees believe that maintaining a healthy reserve provides a strong foundation for the future – enabling the charity to pursue new outreach opportunities as they arise, while ensuring sufficient funds are available to meet any unforeseen circumstances.

Investment Policy

The charity is granted power to invest in suitable investments under the PCC Powers Measure 1956 and the Trustees Act 2000. As a charity, the Trustees have a duty of care to take such advice as is appropriate before investments are undertaken. This advice is sought from the Central Board of Finance (CCLA) in London.

The charity’s investment policies are based on two key principles: -

• Ethical Investment – this includes ensuring that investments are held in companies which have high standards of corporate governance and act in a responsible way towards stakeholders.

• Long-term responsibilities – the trustees are aware of their long-term responsibilities in respect of the Restricted and Unrestricted reserves and as a result follow a prudent approach to investment decisions.

Investment policy for long-term funds is aimed primarily at generating a sustainable income, with due regard to the need for the preservation of capital value, and the possible need to realise investments to meet operational needs. The charity does not have a policy of generating income at excessive or high risk – known as “purchasing income”, where high returns are guaranteed at the expense of capital.

In summary, the charity has an overall policy to maximise income while preserving the real value of its funds. Due to the nature of the charity, an ethical investment policy is taken into consideration when investments are made:

The charity follows the Ethical Investment Advisory policy as recommended by the Lichfield Diocese which includes the following:

• “We aim to invest in companies that:

• will develop their business in the interests of shareholders;

• demonstrate responsible employment practices;

• are conscientious concerning issues of corporate governance, the environment and human rights;

• are sensitive to the community in which they operate.”

Planned giving, collections and donations are the main sources of fund raising along with tax recoverable.

Safeguarding

The PCC believe they have fulfilled their duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have due regard to House of Bishops’ guidance on safeguarding children and vulnerable adults).

Reporting Serious Incidents

A Serious Incident is an adverse event, whether actual or alleged, which results in or risks significant harm to the charity’s beneficiaries, employees, office holders, volunteers or to others who come into contact with the charity through its work, loss of the charity’s money or assets, damage to the charity’s property or harm to the charity’s work or reputation.

The trustees are not aware of any Serious Incidents in the last year

Fundraising

The PCC takes it fundraising responsibilities seriously and is very grateful to all donors – whether regular or occasional – for their support of the church and church events. PCC supporters are never taken for granted. The PCC take full responsibility for fundraising and do not use commercial organisations or professional fundraisers. All money raised is either by donations, fundraising events, special appeals or legacies for which the PCC are most grateful.

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Volunteers

The members of the PCC would like to thank all of the 50 volunteers who work so hard to make our Church a lively and vibrant community.

Risk Management

The Church Wardens carry out regular Health and Safety Reviews and regularly inspect premises for potential hazards. We have safeguarding policies in place for child protection and for work with vulnerable adults, including rigorous DBS checking of staff and volunteers. Our insurances are reviewed annually to ensure adequate cover. An informal review of any new risks which may impact the work of the Church in the Parish is ongoing.

Structure, Governance and Management

The PCC is a Body Corporate established by the Church of England and is a Charity registered with the Charity Commission. The PCC is governed by the Parochial Church Council Powers Measure (1956) as amended that came into effect on 2[nd] January 1957, and the Church Representation Rules (contained in Schedule 3 to the Synodical Government Measure 1969 as amended).

The method of appointment of the PCC members is set out in the Church Representation Rules. The Council comprises the Incumbent, the Churchwardens, a representative of the Readers, those elected to the Deanery Synod, and other members who are elected at the Annual Parochial Church Meeting, by those on the Electoral Roll. The PCC members receive training from courses run by the Diocese. Members of the congregation are always urged to join the Electoral Roll, and to stand for election to the PCC.

The PCC members are responsible for making decisions on all matters of general concern and importance in the parish, and for all financial matters. The PCC met 5 times in 2025.

Related Parties

No related parties were either employed by the PCC or offered a contract to carry out work on the Church

Donations from Related Parties

Donations from 16 related parties during the year totalled £33,657_2025 [£6,097 2024]. All these donations were received without conditions

Remuneration paid to Trustees

None of the trustees have been paid any remuneration or received any other benefits from employment with the PCC

Expenses paid to Trustees

One trustee was reimbursed £221_2025 [£324_2024] for travel and subsistence during the year.

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Reference and Administrative Details

Charity Name: The Parochial Church Council of The Parish of Bloxwich

Other names the charity is known by: N/A Registered Charity Number : 1159897

Charity’s principal address: The Rectory, 3 Elmore Row, Bloxwich Walsall WS3 2HR Correspondence address: The Rectory, 3 Elmore Row, Bloxwich Walsall WS3 2HR Website address: https://www.bloxwichparish.org.uk

PCC Members: Who Served from 1 January 2025 to the date this report was approved

Trustee name	Office (if any)	Dates acted if not for whole period
Ex-Officio
Revd. David Candlin	Rector/Chairperson
Mr Stuart Annis	District Warden Holy Ascension
Revd Amanda Mallen	Team Vicar [from 17 August 2025 previously Curate]
Mr Ade Mallen	Licenced Lay Minister and District Warden St Thomas’
Revd. Patricia Nesbitt	Assistant Minister Bloxwich	Resigned 17 June 2025
Miss Donna Titley	District Warden St Thomas’
Ms Angela Partoon	Licensed Lay Minister
Mrs Helen Thorpe-Wood	Licensed Lay Minister
Mrs Leslie Harris	District Warden Holy Ascension
Ms Sharon Perkins	District Warden All Saints’
Ms Edna Marshall	Deanery Synod Representative Holy Ascension
Ms Gemma Caldwell	Deanery Synod Representative St Thomas’
Ms Pauline Kenn	Deanery Synod Representative St Thomas’
Mr Stephen Jones	Deanery Synod Representative All Saints’	Joined 26 April 2025
Mr Ivan Boot	Deanery Synod Representative All Saints’	Joined 26 April 2025
Elected Members
Mr Richard Harris	PCC Representative Holy Ascension
Mrs Susan Walters	PCC Representative Holy Ascension
Mrs Sheila Harvey	PCC Representative All Saints	Resigned 25 April 2025
Mrs Amy Jane Cox	PCC Representative All Saints

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Bank	Lloyds Bank PLC The Bridge Walsall
Investment	CCLA
Managers	1 Angel Ln London EC4R 3AB
Independent	Jonathan Hill
Examiner	Lichfield Diocesan Board of Finance
	St Marys House, The Close, Lichfield. WS13 7LD

Approved by the PCC on 24.03.26 and signed on its behalf by:

Rev David Candlin

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Independent Examiner’s report to the trustees/members of The PCC of The Parish of Bloxwich

Registered charity number: 1159897

I report on the accounts for the year ended 31[st] December 2025 which are set out on the following pages.

Respective responsibilities of the Trustees and Independent 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 of the Charities Act 2011 (the Charities Act) and that an independen t examination is needed.

It is my responsibility

• to examine the accounts under section 145 of the Charities Act,

• to follow the procedures laid down in the General Directions given by the Charity Commission

• (under section 145(5)(b) of the Charities Act, and

• to state whether particular matters have come to my attention.

Basis of Independent Examiner's Statement

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 the 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

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in any material respect:

• accounting records were not kept in accordance with section 130 of the Charities Act or

• the accounts do not accord with the accounting records

I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed: ………………………………………….. Date:

Lichfield Diocesan Board of Finance

St Mary’s House, The Close, Lichfield WS13 7LD

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The Parish of Bloxwich

Notes to the Financial Statements

For the year ended 31[st] December 2025

Accounting Policies

The Financial statements of the PCC have been prepared in accordance with the Church Accounting Regulations 2006 using the Receipts and Payments basis.

There may be minor discrepancies in the totals as the pence are not being shown.

The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. 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.

Cashflow Statement

The Charity has taken advantage of the exemption in FRS102 from the requirement to produce a cashflow statement on the grounds that the income does not exceed £500,000.

Going Concern

There are no material uncertainties relate to events or conditions that cast significant doubt on the charity’s ability to continue as a going concern.

Accounting Estimates and Prior Year Errors

No changes to accounting estimates have occurred in the reporting period. No material prior year errors have been identified in the reporting period

Description of Funds

Unrestricted funds are income funds of the PCC that are available for spending on the general purposes of the PCC, including amounts designated by the PCC for fixed assets for its own use or for spending on a future project and which are therefore not included in its "free reserves" as disclosed in the trustees' annual report.

An explanation of purpose of each Designated fund are as follows

4a_All Saints
Clergy Discretionary	A Fund set aside for payments at the discretion of the Clergy - All Saints
Discipleship/Evangelism/Vocation	A fund set aside for the missionary work of the Parish - All Saints
Hall – Parish Hall	Parish Hall – Fund set aside for the upkeep of the Parish Hall – All Saints
4b_Holy Ascension
ZZReserve -	3 Months expenditure - Holy Ascension. Closed in 2025
4c_St Thomas
ZZDecoration	Historic funds held for the decoration of Cresswell crescent. Closed in 2025
ZZMission Resource	Funds set aside for Mission St Thomas. Closed in 2025
ZZReserve -	3 Months expenditure - St Thomas. Closed in 2025
ZZSanta	Funds set aside for Santa Gifts. Closed in 2025
4d_Parish
None

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Restricted funds comprise of two elements :-

• a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest

• b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis.

An explanation of purpose of each Restricted fund are as follows:

4a_All Saints
Family Work	For the work of the Family worker
Maintenance	For the Maintenance of the building - All Saints
Church Maintenance	For the Maintenance of the building - All Saints
ZZClock Maintenance	For the Maintenance of the Clock - All Saints. Merged with Church
	maintenance. Closed in 2025
ZZChoir	For the Choir. Closed in 2025
ZZDisability	For disability access. Closed in 2025
ZZDecoration	For the redecoration of the Vicarages
4b_Holy Ascension
Building Fund	For the building - Holy Ascension
Warm Spaces	Grant from Walsall Council for Warm spaces @ Holy Ascension
ZZIDS Decoration	For the redecoration of the Vicarages
4c_St Thomas
Craft Group	Income and Expenditure for the Craft Group - St Thomas. Church group
ZZBuilding Maintenance	For the Maintenance of the building - St Thomas. In an overdrawn
	position transferred from General and closed in 2025
4d_Parish
Garden Project @ St Thomas	For the Garden Project @ St Thomas

Endowment funds are restricted funds that must be retained as trust capital either permanently or subject to a discretionary power to spend capital as income, and where the use of any income or other benefit derived from the capital may be restricted or unrestricted. Full details of all their restrictions are shown in the notes to the accounts.

An explanation of purpose of each Endowment fund are as follows:

The Parish of Bloxwich does not hold any Endowment funds.

Incoming Resources

Planned giving, collections and donations are recognised when received or when the PCC becomes entitled to the resource and the monetary value can be measured with sufficient reliability. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and Legacies are accounted for when the PCC is legally entitled to the amounts due and the monetary value can be measured with sufficient reliability. Dividends are accounted for when receivable, interest is accrued. All other income is recognised when it is receivable. All incoming resources are accounted for gross.

Resources Expended

Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. The diocesan parish share is accounted for when due. Amounts received specifically for mission are dealt with as restricted funds. All other expenditure is generally recognised when it is incurred and is accounted for gross.

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Governance and Support Costs

Support costs should be allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the PCC and its compliance with regulation and good practice.

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources eg by allocating staff costs by time spent and other costs by their usage.

Fixed Assets

Consecrated and benefice property is not included in the accounts by s.10(2)(a)&(C) of the Charities Act 2011. Moveable church furnishings held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the Church’s inventory, which can be inspected (at any reasonable time). For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements.

No depreciation is provided on buildings as the currently estimated residual value of the properties is not less than their carrying value and the remaining useful life of these assets exceeds 50 years, so that any depreciation charges would be immaterial. Other tangible fixed assets are valued at cost. The depreciation rates and methods used are 50% per annum. However, the Sound system listed will be depreciated over a 10 year period at 10% per annum starting in 2026.

Investments

Investments in quoted shares, traded bonds and similar investments are valued initially at cost and subsequently at market value at the year end. Investments held for re-sale are treated as current asset investments.

Debtors

Debtors are measured on initial recognition at settlement amount. Subsequently they are measured as cash expected to be received

Creditors and Accruals

Creditors are measured at settlement amounts less any trade discounts. Accruals are measured on best estimate of the amount required to settle the obligation at the reporting date.

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The Parish of Bloxwich year ending 2025

Receipts and Payments Account 2025

	Unrestricted funds Designated funds Restricted funds Endowment funds 2025 2024
Receipts Donations and legacies Income from charitable activities Other trading activities Investments Other income Total income Payments Raising funds Expenditure on charitable activities Other expenditure Total expenditure Net income / (expenditure) resources before transfer Transfers Gross transfers between funds - in Gross transfers between funds - out Other recognised gains / losses Gains/losses on investment assets Gains on revaluation, fixed assets, charity's own use Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward	46,642 - 8,918 - 55,561 60,018 51,013 15,476 673 - 67,163 69,719 - - - - - 10 5,194 - 892 - 6,087 4,153 171,409 - - - 171,409 -
	274,260 15,476 10,484 - 300,221 133,902 748 - 450 - 1,199 271 121,856 10,347 30,029 - 162,233 133,904 - - - - - -
	122,604 10,347 30,480 - 163,432 134,176
	151,656 5,128 (19,996) - 136,788 (274) 26,227 - 14,932 - 41,160 25,498 (6,046) (17,217) (17,899) - (41,161) (25,499) (32) (2,378) - - (2,409) 1,864 - - - - - -
	171,807 (14,466) (22,962) - 134,380 1,591
	16,437 89,602 36,396 - 142,435 140,844
	188,244 75,136 13,434 - 276,815 142,435

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Statement of assets and liabilities 2025

Class and nominal code

General Designated Restricted Endowment 2025 2024 - 57,094 - - 57,094 59,471 - - - - - 1,811 - 57,094 - - 57,094 61,282 240 - - - 240 479 3,006 - - - 3,006 - 3,246 - - - 3,246 479 4,121 - 3,250 - 7,371 2,610 (3,911) 18,042 4,390 - 18,522 9,806 14,719 - 277 - 14,997 17,364 117 - - - 117 1 49 - - - 49 54 61 - - - 61 75 94 - 17 - 112 48 5,313 - 307 - 5,621 6,823 159,048 - - - 159,048 - 4,328 - 5,547 - 9,876 9,448 1,054 - 2,818 - 3,872 25,304 - - - - - 412 - - - - - 5,512 - - - - - 3,255 - - - - - 1,424 - - - - - 437 - - - - - 64 184,998 18,042 16,609 - 219,650 82,643 - - 3,174 - 3,174 1,970 - - 3,174 - 3,174 1,970 188,244 75,136 13,434 - 276,815 142,435

Fixed Asset - Investments CB3028433: CCLA Bloxwich Foster 446/487 ZZCB3028431: CCLA Cresswell Investment Total Fixed Asset - Tangible Assets 6404: Projector & Laptop 6505: Sound System depreciation over 10 years @ £300.60 per annum 2340 Total Current Asset - Cash At Bank And In Hand 00036070: The PCC of the Ecclesiastical Parish of Bloxwich 01776172: Bank current account 02750266: Bank current account 6590: Petty Cash_St Thomas 6590: Petty Cash_Parish 6590: Petty Cash_Holy Ascension 6591: Coffee Morning Petty Cash_Holy Ascension 70784990: HSBC Current Account CB1009540: CCLA - PCC of the Ecclesiastical Parish of Bloxwich CB3028428: CCLA (CBF) deposit account CB3028430: CCLA (CBF) deposit account ZZ 06002116: All Saints DCC - Ingram Trust ZZ37401460: Building Fund Current Account ZZ50036368: Bloxwich Youth Church ZZIDBLOX011: Bloxwich - 3 Elmore Row ZZIDBLOX012: IDS Decoration Account LICHFIELD ZZIDBLOX013: Bloxwich - 9 Sanston Road Total Liability - Agency Accounts 6699: Agency collections Total Net total assets

Approved by the PCC on 24.03.26 and signed on its behalf by:

Rev David Candlin

Page 15

Statement of assets and liabilities 2024

	General Designated Restricted Endowment 2024 2023
Fixed assets - Investments CCLA CRESSWELL INVESTMENT - CCLA Bloxwich - William King - CCLA Bloxwich Foster 446/487 - Totals Fixed assets - Tangible assets Projector & Laptop - Totals Current assets - Cash at bank and in hand The PCC of the Ecclesiastical Parish of - Bank current account - Bank current account - All Saints DCC - Ingram Trust - Building Fund Current Account - Bloxwich Youth Church - Cash in hand - Petty Cash - Coffee Morning Petty Cash - HSBC Current Account - CCLA (CBF) deposit account - CCLA (CBF) deposit account - Bloxwich - 3 Elmore Row - IDS Decoration Account LICHFIELD - Bloxwich - 9 Sanston Road - Totals Liabilities - Agency accounts Agency collections - Totals Liabilities - Creditors: Amounts falling due in one year Common fund Liability - All Saints - Common Fund Liability - St Thomas - Totals Grand total	1,811 — — — 1,811 3,748 — — — — — 12,712 — 59,471 — — 59,471 58,140
	1,811 59,471 — — 61,282 74,602 479 — — — 479 —
	479 — — — 479 — 2,530 — 79 — 2,610 465 (22,999) 20,876 11,929 — 9,806 14,264 11,174 5,988 202 — 17,364 11,897 3 — 408 — 412 407 — — 5,512 — 5,512 5,512 (1,744) — 5,000 — 3,255 4,354 55 — — — 55 107 75 — — — 75 98 — — 48 — 48 128 3,731 3,265 (173) — 6,823 3,513 — — 9,448 — 9,448 8,972 21,319 — 3,984 — 25,304 26,912 — — 1,424 — 1,424 1,299 — — 437 — 437 437 — — 64 — 64 64
	14,146 30,130 38,366 — 82,643 78,437 — — 1,970 — 1,970 447
	— — 1,970 — 1,970 447 — — — — — 9,865 — — — — — 1,883
	— — — — — 11,748
	16,437 89,602 36,396 — 142,435 140,844

Page 16

Unrestricted Designated Restricted Endowment 2025 2024

Analysis of receipts and payments 2025

RECEIPTS Donations and legacies 0101 - Gift Aid Collections 0201 - Non Gift Aid Collections 0301 - Loose plate collections 0302 - Weddings/Funeral/Baptism Collections 0303 - Contactless 0410 - Giving through church boxes 0550 - Donations over £20 0801 - Recurring grants 08A1 - Non-recurring one-off grants Donations and legacies Totals Income from charitable activities 0302 - Beetle Drive/Book Sale/History Evening/Q 0601 - Tax recoverable on Gift Aid 0901 - Other funds generated 0902 - Heating Weddings & Funerals 1101 - Fees for weddings and funerals 1230 - Church hall lettings - objectives ZZ1231 - Seasonal Fairs - Inactive Income from charitable activities Totals Other trading activities 1210 - Bookstall sales to promote objectives Other trading activities Totals Investments(ST Thomas DCC) 1001 - Dividends 1020 - Bank and building society interest Investments Totals Other income 1320 - Surplus - sales of fixed assets Other income Totals Receipts Grand totals PAYMENTS Raising funds 1730 - Costs of fetes & other events Raising funds Totals Expenditure on charitable activities 1740 - Bank Charges 1801 - Giving to missionary societies 1910 - LDBF Common Fund 2050 - Salary of parish administrator 2051 - Organist Fees 2101 - Working expenses of incumbent 2102 - Other Expense Claims 2150 - Vicar's telephone 2170 - Education 2201 - Parish training and mission	25,202 - - - 25,202 22,344 8,001 - - - 8,001 9,350 4,240 - - - 4,240 4,622 2,209 - - - 2,209 1,578 784 - - - 784 271 102 - - - 102 67 6,002 - - - 6,002 12,832 - - 4,748 - 4,748 - 100 - 4,170 - 4,270 8,950
	46,642 - 8,918 - 55,561 60,018 790 - - - 790 1,379 9,130 - - - 9,130 7,943 9,267 - 673 - 9,940 8,242 3,431 - - - 3,431 3,366 8,866 - - - 8,866 8,905 19,527 15,476 - - 35,003 38,882 - - - - - 1,000
	51,013 15,476 673 - 67,163 69,719 - - - - - 10
	- - - - - 10 1,264 - - - 1,264 2,908 3,930 - 892 - 4,823 1,245
	5,194 - 892 - 6,087 4,153 171,409 - - - 171,409 -
	171,409 - - - 171,409 -
	274,260 15,476 10,484 - 300,221 133,902
	748 - 450 - 1,199 271
	748 - 450 - 1,199 271 444 - 25 - 469 515 281 1,000 - - 1,281 2,657 67,587 - - - 67,587 66,263 7,327 - - - 7,327 - 100 2,003 - - 2,103 1,838 151 70 - - 221 324 110 - - - 110 - 54 - - - 54 54 91 - 152 - 244 220 412 - 1,334 - 1,747 842

Page 17

2300 - Parish Expenses 2301 - Church running - insurance 2310 - Church office/Youth - telephone 2320 - Organ / piano tuning 2330 - Church maintenance 2331 - Cleaning 2332 - Catering 2340 - Upkeep of services 2350 - Upkeep of churchyard 2360 - Administration 2363 - Licence & Subscriptions 2401 - Church running - electric 2420 - Church running - water 2440 - Heating & Lighting 2560 - Hall running - maintenance 2580 - Hall running - water 2590 - Heating & Lighting Hall 2701 - Church major repairs - structure 2710 - Church major repairs - installation 2720 - Church interior and exterior decorating 2840 - Other PCC property upkeep ZZ2363 - Licence & Subscriptions - Inactive use 2360 ZZ2920 - New building Church Expenditure on charitable activities Totals Payments Grand totals	4,712 - - - 4,712 1,789 10,220 - - - 10,220 10,661 1,318 - - - 1,318 1,445 - - 390 - 390 - 9,398 - 4,556 - 13,955 7,511 148 192 - - 340 256 370 - 579 - 949 485 925 37 179 - 1,142 1,946 801 - - - 801 960 2,221 169 68 - 2,459 4,995 - - - - - 421 - - - - - 671 862 - - - 862 1,029 11,621 4,661 750 - 17,032 21,707 - 1,425 554 - 1,979 1,552 - 751 - - 751 547 - - - - - 2,625 - - 2,625 - 2,625 - - - 6,317 - 6,317 145 770 - 11,508 - 12,278 961 1,926 37 987 - 2,950 - - - - - - 903 - - - - - 570
	121,856 10,347 30,029 - 162,233 133,904
	122,604 10,347 30,480 - 163,432 134,176

Page 18

Fund movement by type 2025

Fund	Opening Incoming Outgoing Transfers Gains/Losses Journals Closing
Build Restricted 14,961 339 9,753 - - - 5,547 Sub-totals 14,961 339 9,753 - - - 5,547 Clergy Designated 2,378 - 1,107 - - - 1,270 Sub-totals 2,378 - 1,107 - - - 1,270 Communities Together Restricted - 300 300 - - - - Sub-totals - 300 300 - - - - CraftGroup Restricted 285 - - - - - 285 Sub-totals 285 - - - - - 285 Defibrillator Restricted - 673 673 - - - - Sub-totals - 673 673 - - - - DEV Designated 69,471 - - (8,000) (2,378) - 59,094 Sub-totals 69,471 - - (8,000) (2,378) - 59,094 FamilyWork Restricted 2,488 551 400 - - - 2,639 Sub-totals 2,488 551 400 - - - 2,639 Garden Project @ St Thomas Restricted - 3,250 - - - - 3,250 Sub-totals - 3,250 - - - - 3,250 Hall Designated 8,498 15,476 9,202 - - - 14,771 Sub-totals 8,498 15,476 9,202 - - - 14,771 IDSLDBF Restricted 437 - - (438) - - - Sub-totals 437 - - (438) - - - Maintenance Restricted 8,888 - 16,506 8,887 - - 1,269 Sub-totals 8,888 - 16,506 8,887 - - 1,269 Place of Welcome Restricted - 1,500 1,411 (89) - - - Sub-totals - 1,500 1,411 (89) - - - V J Day Restricted - 120 120 - - - - Sub-totals - 120 120 - - - -	14,961 339 9,753 - - - 5,547
	14,961 339 9,753 - - - 5,547 2,378 - 1,107 - - - 1,270
	2,378 - 1,107 - - - 1,270 - 300 300 - - - -
	- 300 300 - - - - 285 - - - - - 285
	285 - - - - - 285 - 673 673 - - - -
	- 673 673 - - - - 69,471 - - (8,000) (2,378) - 59,094
	69,471 - - (8,000) (2,378) - 59,094 2,488 551 400 - - - 2,639
	- 3,250 - - - - 3,250 8,498 15,476 9,202 - - - 14,771
	8,498 15,476 9,202 - - - 14,771 437 - - (438) - - -
	437 - - (438) - - - 8,888 - 16,506 8,887 - - 1,269
	8,888 - 16,506 8,887 - - 1,269 - 1,500 1,411 (89) - - -
	- 1,500 1,411 (89) - - - - 120 120 - - - -
	- 120 120 - - - -

Page 19

Warm Spaces Restricted Sub-totals ZZ Choir Restricted Sub-totals ZZ Clock Restricted Sub-totals ZZ Disability Restricted Sub-totals ZZBuildmain Restricted Sub-totals ZZDecoration Designated Sub-totals ZZDecoration Restricted Sub-totals ZZDecoration Restricted Sub-totals ZZMission Designated Sub-totals ZZReserve Designated Sub-totals ZZReserve Designated Sub-totals ZZSanta Designated Sub-totals General Unrestricted Sub-totals	251 802 610 - - - 442
	251 802 610 - - - 442 1,303 1 - (1,305) - - -
	1,303 1 - (1,305) - - - 6,091 2,946 150 (8,888) - - -
	6,091 2,946 150 (8,888) - - - 696 - 554 (142) - - -
	696 - 554 (142) - - - (496) - - 495 - - -
	(496) - - 495 - - - 37 - 37 (1) - - -
	37 - 37 (1) - - - 1,424 - - (1,425) - - -
	1,424 - - (1,425) - - - 64 - - (65) - - -
	64 - - (65) - - - 812 - - (813) - - -
	812 - - (813) - - - 2,409 - - (2,410) - - -
	2,409 - - (2,410) - - - 5,988 - - (5,988) - - -
	5,988 - - (5,988) - - - 7 - - (7) - - -
	7 - - (7) - - - 16,437 274,260 122,604 20,182 (32) (67,587) 188,244
	16,437 274,260 122,604 20,182 (32) (67,587) 188,244
Totals	142,435 300,221 163,432 - (2,409) (67,587) 276,815

Page 20

Fund movement by type 2024

	Opening Incoming Outgoing Transfers Gain/Loss Closing
AltarFront - Altar Fronts Restricted Sub-total for AltarFront Bibles - Bibles Restricted Sub-total for Bibles Build - Building Fund Restricted Sub-total for Build Buildmain - Building/Maintenance Restricted Sub-total for Buildmain Choir - Choir Restricted Sub-total for Choir Clergy - Clergy Discretionary Designated Sub-total for Clergy Clock - Clock Maintenance Restricted Sub-total for Clock CraftGroup - St Thomas Craft Grou Restricted Sub-total for CraftGroup DEV - Discipleship/Evangel Designated Sub-total for DEV Decoration - St Thomas Decoration Designated Restricted Restricted Sub-total for Decoration Disability - Disability Facilitie Restricted Sub-total for Disability Family Wor - Family Work Restricted Sub-total for Family Wor General - General fund Unrestricted Sub-total for General	2 — — (2) — —
	2 — — (2) — — 3 — — (3) — —
	3 — — (3) — — 14,485 476 — — — 14,961
	14,485 476 — — — 14,961 (491) 13 16 — — (495)
	(491) 13 16 — — (495) 1,838 2 199 (337) — 1,303
	1,838 2 199 (337) — 1,303 1,790 1,050 961 500 — 2,378
	1,790 1,050 961 500 — 2,378 9,933 — 3,841 — — 6,091
	9,933 — 3,841 — — 6,091 285 — — — — 285
	285 — — — — 285 44,598 — — 24,235 637 69,471
	44,598 — — 24,235 637 69,471 37 — — — — 37 64 — — — — 64 1,299 125 — — — 1,424
	1,400 125 — — — 1,525 696 — — — — 696
	696 — — — — 696 2,962 — 720 246 — 2,488
	2,962 — 720 246 — 2,488 37,191 116,536 120,525 (24,807) 755 16,437
	37,191 116,536 120,525 (24,807) 755 16,437

Page 21

Hall - Parish Hall Designated Sub-total for Hall Holiday - Holiday Club Restricted Sub-total for Holiday IDSLDBF - IDS Decoration Schem Restricted Sub-total for IDSLDBF King - King Incumbent And C Restricted Sub-total for King Maintenanc - Church Maintenance Restricted Sub-total for Maintenanc Mission - Mission Resource Designated Sub-total for Mission Reserve - Reserve 3 Months exp Designated Designated Sub-total for Reserve Santa - Santas Gifts Designated Sub-total for Santa Sound - Sound System Restricted Sub-total for Sound Warm - Warm Space Restricted Sub-total for Warm Grand total	4,863 11,088 7,453 — — 8,498
	4,863 11,088 7,453 — — 8,498 168 — — (168) — —
	168 — — (168) — — 437 — — — — 437
	437 — — — — 437 6,800 96 80 — 471 —
	6,800 96 80 — 471 — 5,000 4,213 325 — — 8,888
	5,000 4,213 325 — — 8,888 812 — — — — 812
	812 — — — — 812 5,988 — — — — 5,988 2,409 — — — — 2,409
	8,397 — — — — 8,397 7 — — — — 7
	7 — — — — 7 (337) — — 337 — —
	(337) — — 337 — — — 302 51 — — 251
	— 302 51 — — 251
	140,844 133,902 134,176 — 1,864 142,435

Page 22

Staff Costs

	2025 £	2024 £
Wages & Salaries	9,920	1,839
Social Security	411	-
Average number of Employees	2	1

During the year the PCC employed a Church Hall cleaner and a Parish Administrator both part-time not all payments were large enough to attract social security costs.

There were no employee benefits to key management personnel in the previous or current year.

The PCC uses the National Employment Savings Trust [Nest] via the Diocesan Payroll Scheme, for its pension payments. The Pension payments totalled £79.41

Trustees’ Remuneration & Expenses

No Trustees were employed so no remuneration has been incurred during the year

One trustee was reimbursed £221_2025 [£324 2024] for travel and subsistence during the year.

Related Parties

No other expenses were paid to any other PCC member, or persons closely connected to them or related parties.

Donations from 16 related parties [PCC members] totalled £33,657 2025 [£6,097 2024]

Page 23

Fees for the examination of the accounts

	2025 £	2024 £
Independent Examiner’s fees	245	150
Other fees – Bookkeeping: All Saints	840	800
Other fees – Bookkeeping: HolyAscension	400	365
Other fees – Bookkeeping: St Thomas	400	365
Other fees – Bookkeeping: Parish	245
Total	2,130	1,680

Page 24

Analysis of Transfer between Funds 2025

Debit	Credit	Description	Fund	**Fund Type **
All Saints
413.16	-	Tfr from 06002116 to 01776172 as per DC email 08.04.25	General	Unr
-	177.21	Tfr from Choir to General asper DC email 08.04	ZZ Choir	Res
177.21	-	Tfr from Choir to General asper DC email 08.04	General	Unr
0.33	-	Tfr from Ingram trust to General account	General	Unr
-	141.92	Tfr from Disability to General to bring to nil and close as per email DC 02.06.25	ZZ Disability	Res
141.92	-	Tfr from Disability to General to bring to nil and close as per email DC 02.06.25	General	Unr
-	8,887.51	Tfr from Clock Maintenance to Building Maintenance as per instructions from DC the terms of the donation are for the clock and building	ZZ Clock	Res
8,887.51	-	Tfr from Clock Maintenance to Building Maintenance as per instructions from DC the terms of the donation are for the clock and building	Maintenance	Res
-	8,000.00	Tfr from DEV to General as per Financial decisions brief	DEV	Des
8,000.00	-	Tfr from DEV to General as per Financial decisions brief	General	Unr
1,424.25	-	Tfr from IDBLOX011 to 01776172	General	Unr
-	1,000.27	Tfr from General to Family work 01776172 Contra Family Work to General CB3028430	General	Unr
1,000.27	-	Tfr from General to Family work 01776172 Contra Family Work to General CB3028430	FamilyWork	Res
-	717.51	Tfr from Choir to General asper DC email 08.04	ZZ Choir	Res
717.51	-	Tfr from Choir to General asper DC email 08.04	General	Unr
-	1,000.27	Tfr from General to Family work 01776172 Contra Family Work to General CB3028430	FamilyWork	Res
1,000.27	-	Tfr from General to Family work 01776172 Contra Family Work to General CB3028430	General	Unr
-	413.16	Tfr from 06002116 to 01776172 as per DC email 08.04.25	ZZ Choir	Res
-	3.56	Tfr fromgeneral to choir to tidyup	General	Unr
3.56	-	Tfr fromgeneral to choir to tidyup	ZZ Choir	Res
-	0.33	Tfr from Ingram trust to General account	ZZ Choir	Res
-	1,424.25	Tfr from IDBLOX011 to 01776172	ZZDecoration	Res
Holy Ascension
-	4,000.00	Tfr from General to Building in 02750266 and Building to General in CB3028428 to contra	General	Unr
4,000.00	-	Tfr from General to Building in 02750266 and Building to General in CB3028428 to contra	Build	Res
-	5,988.00	Tfr from Reserve to General to bringto nil and close	ZZReserve	Des
5,988.00	-	Tfr from Reserve to General to bringto nil and close	General	Unr
-	305	Tfr from Warm to General 02750266 and General to Warm 6591 to contra	Warm Spaces	Res
305	-	Tfr from Warm to General 02750266 and General to Warm 6591 to contra	General	Unr
64.19	-	Tfr from IDBLOX013 to 02750266	General	Unr

Page 25

-	240.86	Tfr from General to Building in 02750266 and contra in CB3028428	General	Unr
240.86	-	Tfr from General to Building in 02750266 and contra in CB3028428	Build	Res
-	305	Tfr from Warm to General 02750266 and General to Warm 6591 to contra	General	Unr
305	-	Tfr from Warm to General 02750266 and General to Warm 6591 to contra	Warm Spaces	Res
-	4,000.00	Tfr from General to Building in 02750266 and Building to General in CB3028428 to contra	Build	Res
4,000.00	-	Tfr from General to Building in 02750266 and Building to General in CB3028428 to contra	General	Unr
-	240.86	Tfr from General to Building in 02750266 and contra in CB3028428	Build	Res
240.86	-	Tfr from General to Building in 02750266 and contra in CB3028428	General	Unr
-	64.19	Tfr from IDBLOX013 to 02750266	ZZDecoration	Res
St Thomas
-	88.46	Tfr from Place of Welcome to General 6590 to correct	Place of Welcome	Res
88.46	-	Tfr from Place of Welcome to General 6590 to correct	General	Unr
-	812.38	Tfr from Mission to General as per Financial decisions brief	ZZMission	Des
812.38	-	Tfr from Mission to General as per Financial decisions brief	General	Unr
-	2,409.04	Tfr from Reserve to General as per Financial decisions brief	ZZReserve	Des
2,409.04	-	Tfr from Reserve to General as per Financial decisions brief	General	Unr
-	7	Tfr from Santa to General as per Financial decisions brief	ZZSanta	Des
7	-	Tfr from Santa to General as per Financial decisions brief	General	Unr
-	495.63	Tfr from General to Buildmain as per Financial decisions brief	General	Unr
495.63	-	Tfr from General to Buildmain as per Financial decisions brief	ZZBuildmain	Res
437.5	-	Tfr from IDBLOX012 to 70784990	General	Unr
-	0.24	Tfr from decoration togeneral to bringto nil and close	ZZDecoration	Des
0.24	-	Tfr from decoration togeneral to bringto nil and close	General	Unr
-	437.5	Tfr from IDBLOX012 to 70784990	IDSLDBF	Res

Page 26

Analysis of Transfer between Funds 2024

----- Start of picture text -----
Debit Credit Description Fund Fund Type
Tfr from General to Clergy discretionary fund as per
- 500 minutes of 24/01/2024 General Unr
Tfr from General to Clergy discretionary fund as per
500 - minutes of 24/01/2024 Clergy Des
337.8 - Tfr from Choir to Sound system Sound Res
- 3 Tfr from Bibles to Family work fund Bibles Res
- 168.22 Tfr from Holiday to Family Work Holiday Res
- 337.8 Tfr from Choir to Sound system Choir Res
168.22 - Tfr from Holiday to Family Work FamilyWork Res
3 - Tfr from Bibles to Family work fund FamilyWork Res
Tfr from Family work to general. DC paid Amanda Mallen
from petty cash in parish licence but could only pay from
-75 - General funds this is to correct General Unr
Tfr from Family work to general. DC paid Amanda Mallen
from petty cash in parish licence but could only pay from
75 - General funds this is to correct General Unr
Tfr from Family work to general. DC paid Amanda Mallen
from petty cash in parish licence but could only pay from
- 75 General funds this is to correct FamilyWork Res
Tfr from Family work to general. DC paid Amanda Mallen
from petty cash in parish licence but could only pay from
- -75 General funds this is to correct FamilyWork Res
Tfr from General to King re phone call with DC to close
87.84 - fund King Res
Tfr from General to King re phone call with DC to close
- 87.84 fund 17.03.25 Unr
87.84 - Tfr from King to General re phone call with DC closing fund General Unr
- 87.84 Tfr from King to General re phone call with DC closing fund King Res
- 24,235.59 Tfr from General to DEV as per instructions from DC General Unr
24,235.59 - Tfr from General to DEV as per instructions from DC DEV Des
- 2.78 Tfr from Altar fronts to General to bring to Nil AltarFronts Res
2.78 - Tfr from Altar fronts to General to bring to Nil General Unr
----- End of picture text -----

Page 27

Fixed Assets

a) Tangible Fixed Assets

b)		Tangible Assets £	Total Assets
Cost or Valuation
As at 1 Jan		479.98	479.98
Additions in the Year		3,006	3,006
Disposal in the Year		-	-
Revaluation		-	-
Value at 31 Dec		3,485.98	3,485.98
Accumulated Depreciation		-	-
As at 1 Jan		-	-
Charge for the Year		239.98	239.98
Disposals		-	-
Value at 31 Dec		240	240
Net Book Value at 1 Jan 2025		3,485.98	3,485.98
Net Book Value at 31 Dec 2025		3,246	3,246

Projector & Laptop: £240 2025 [£479.98 2024] Sound System: £3,006 2025 [£0 2024]

b) Fixed Asset Investments

	At 1 Jan £	Additions £	Disposals £	Transfers £	Change in Market Value £	At 31 Dec £
Unrestricted funds
Investments	61,282	-	-1,848	-	-2,340	57,094
Total	61,282	-	-1,848	-	-2,340	57,094

CCLA_CB3028433_Bloxwich Foster 446/487: £57,094_2025 [£59,471_2024] CCLA_CB3028431_Cresswell Investment: £NIL 2025 [£1,811_2024]

Page 28

Liabilities

Liabilities due within one year

	2025	2024
Other creditors - Agency	3,322	6,970
Total	3,322	6,970

Debtors

	2025	2024
Other debtors - Agency	147	5,000
Total	147	5,000

*Net Agency figure shown in Accounts_£3,174

Page 29

Summary of Assets by Fund 2025

Restricted - Build Designated - Clergy Restricted - CraftGroup Designated - DEV Restricted - FamilyWork Restricted - Garden Project @ St Thomas Unrestricted - General Designated - Hall Restricted - IDSLDBF Restricted - Maintenance Restricted - Warm Spaces Restricted - ZZ Choir Restricted - ZZ Clock Restricted - ZZ Disability Restricted - ZZBuildmain Designated - ZZDecoration Restricted - ZZDecoration Designated - ZZMission Designated - ZZReserve Designated - ZZSanta Total

Unrestricted Designated Restricted Endowment 2025 2024 - - 5,547 - 5,547 14,961 - 1,270 - - 1,270 2,378 - - 285 - 285 285 - 59,094 - - 59,094 69,471 - - 2,639 - 2,639 2,488 - - 3,250 - 3,250 - 188,244 - - - 188,244 16,437 - 14,771 - - 14,771 8,498 - - - - - 437 - - 1,269 - 1,269 8,888 - - 442 - 442 251 - - - - - 1,303 - - - - - 6,091 - - - - - 696 - - - - - (496) - - - - - 37 - - - - - 1,488 - - - - - 812 - - - - - 8,397 - - - - - 7

188,244 75,136 13,434 - 276,815 142,435

Page 30

Summary of Assets by Fund 2024

	Unrestricted	Designated	Restricted	Endowment	2024	2023
Unrestricted
General fund	16,437	—	—	—	16,437	37,191
Designated
Clergy Discretionary Spend	—	2,378	—	—	2,378	1,790
Discipleship/Evangelism/Vocation	—	69,471	—	—	69,471	44,598
Mission Resource	—	812	—	—	812	812
Parish Hall	—	8,498	—	—	8,498	4,863
Reserve 3 Months expenditure	—	5,988	—	—	5,988	5,988
Reserve Fund	—	2,409	—	—	2,409	2,409
Santas Gifts	—	7	—	—	7	7
St Thomas Decoration Vicarage	—	37	—	—	37	37
Restricted
Bibles	—	—	—	—	—	3
Building Fund	—	—	14,961	—	14,961	14,485
Building/Maintenance	—	—	(495)	—	(495)	(491)
Choir	—	—	1,303	—	1,303	1,838
Church Maintenance	—	—	8,888	—	8,888	5,000
Clock Maintenance	—	—	6,091	—	6,091	9,933
Decoration	—	—	64	—	64	64
Disability Facilities Church Hall	—	—	696	—	696	696
Family Work	—	—	2,488	—	2,488	2,962
Holiday Club	—	—	—	—	—	168
IDS Decoration Scheme	—	—	1,424	—	1,424	1,299
IDS Decoration Scheme Lichfield	—	—	437	—	437	437
King Incumbent And Church Wardens	—	—	—	—	—	6,800
Sound System	—	—	—	—	—	(337)
St Thomas Craft Group	—	—	285	—	285	285
Warm Space	—	—	251	—	251	—
Total	16,437	89,602	36,396		142,435	140,844

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Receipts & Payments Comparatives

Receipts and Payments Account 2024

Unrestricted Designated Restricted Endowment 2024 2023	Unrestricted Designated Restricted Endowment 2024 2023
Receipts Donations and legacies Income from charitable activities Other trading activities Investments Other income Total income Payments Raising funds Expenditure on charitable activities Total expenditure Net income / (expenditure) resources before transfer Transfers Gross transfers between funds - in Gross transfers between funds - out Other recognised gains / losses Gains / losses on investment assets Gains on revaluation, fixed assets, charity's own use Net movement in funds Total funds brought forward Total funds carried forward	55,161 1,050 3,807 — 60,018 68,991 57,814 11,088 817 — 69,719 69,304 10 — — — 10 86 3,550 — 603 — 4,153 3,408 — — — — — 503
	116,536 12,138 5,228 — 133,902 142,293 167 — 103 — 271 848 120,358 8,415 5,131 — 133,904 152,722
	120,525 8,415 5,235 — 134,176 153,571
	(3,989) 3,722 (6) — (273) (11,278) 90 24,735 671 — 25,498 10,153 (24,898) — (599) — (25,498) (10,153) 755 637 471 — 1,864 6,415 7,288 — (7,288) — — (1,520)
	(20,754) 29,096 (6,751) — 1,591 (6,382)
	37,191 60,505 43,147 — 140,844 147,227
	16,437 89,602 36,396 — 142,435 140,844

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