## **Annual Report 2025** ## Financial Report It has been a very positive year within the financial life of Beacon Church. We have been blessed by an increase in planned giving to the work of the church, from people within the church as well as external givers. As a church we have been incredibly blessed by the generosity of 20 external givers and 5 partner churches who have all given financial support and prayer over the last year. As of the end of 2025, just over 50% of the planned giving continues to come from external givers. As a church this year we have positively benefited from grant income. This has included money towards wages, money towards new windows, money from Love your Neighbour for Love Christmas and a one off grant from Revitalise Trust towards setting up a youth group. After discussion with Blackburn Diocese, 2025 saw a modest increase in the parish share to £23760 from £21600. Most of the other expenses were in line with last year with the exception of: o Building work which was just over £18k which was mainly due to replacing 16 external windows and a set of external doors. We plan to spend more money from the building fund in 2026 with work starting in March for a new accessible entrance way and ramp. o Mission and Evangelism jumped from £14k to £21.5k in the year with this spend covered by income received. This jump included a much larger spend in Love Christmas as we received a large grant towards this, a larger spend for the annual Illuminate event which other churches then gave money towards and the setting up of a youth group. We continue to provide meals at the majority of mission and evangelism projects and events that we run throughout the year. We budget £40-£45 a week for food for families at four and feed anywhere from 30-70 people. Overall, in both unrestricted and restricted funds we have ended the year with a surplus. The unrestricted fund was over £30k with designated reserves, a buffer of money on top of that of £6k. The PCC have agreed to use some of the unrestricted surplus to increase the church reserves. This has left the Church with a bank balance at the end of the year of just over £92k (2024, £80k) with the majority of that balance, £56k relating to restricted funds, which is where we expect the spend to be again in 2026. We are most grateful to the sacrificial giving of those within the Church and plan to continue teaching on the importance of generosity being a 1 | P a g e ## **Annual Report 2025** central part of our worship, as well as being very grateful for the many partners we have outside of the parish who have continued to be generous. 2 | P a g e ## **Annual Report 2025** ## **Financial Statement for the Year Ended 31 December 2025** |**Receipts and Payments Account**
**Receipts**
**Voluntary receipts:**
Planned giving
Collections at services
All other giving/voluntary receipts
Grant Income
Gift Aid recovered
**Total**
**Activities for generating funds**
Investment income
Sale of shares
Church fees & activities
Other Income
**Total receipts**
**Payments**
Church activities:
Parish share
Salaries / Honoraria
Clergy and Staffing costs
Church running expenses
Mission and Evangelism
Mission giving and donations
Building work and repairs
Other expenditure
**Total Payments**
**Excess of receipts over payments**
Cash held in Bank Account as at 1st January
Cash held in Bank Account as at 31st December
**Statement of Assets and Liabilities**
**Cash funds**
Bank current account
**Assets retained for Church use (note 2)**
42 Reads Avenue
**Approved by the PCC on**
**Signed on their behalf by**|**Unrestricted**
**Fund**
**£**
49,728
1,083
7,288
6,904|**Designated **
**Fund**
**£**|**Restricted**
**Total**
**Total**
**Fund**
**2025**
**2024**
**£**
**£**
**£**
49,728
35,361
100
1,183
1,770
143
7,431
29,888
35,180
35,180
22,531
13,529
20,433
6,063
48,952
113,954
95,613
10
16
109
109
4,075
11,477
11,477
9,762
60,538
125,550
109,466
23,760
21,600
22,608
32,922
38,987
3,119
5,690
4,012
7,187
6,540
13,985
21,580
14,776
3,741
2,600
17,656
18,204
39,677
532
1,126
57,367
113,615
129,318
3,171
11,935
(19,853)
53,000
80,265
100,118
56,171
92,201
80,265
**Restricted**
**Total**
**Total**
**Fund**
**2025**
**2024**
**£**
**£**
**£**
56,171
92,201
80,265
179,455
179,455
179,455| |---|---|---|---| ||65,002
10||| ||65,012
23,760
10,314
2,571
7,187
7,595
3,741
548
532||| ||56,248||| ||||| ||8,764||| ||21,266
30,030
**Unrestricted**
**Fund**
**£**
30,030|6,000
6000
**Designated **
**Fund**
**£**
6,000|| 3 | P a g e ## **Annual Report 2025** ## **The notes below form part of these financial statements** **Note 1** **Note 2** The financial statements of the PCC have been prepared in accordance with Church Accounting Regulations 2006 using the Receipts and Payments basis. During 2023 42 Reads Avenue was purchased using restricted funds for £179,455 including transaction costs. Reads Avenue is retained for Church use and its upkeep funded by the Church and is held in trust by the Diocese. ## **Note 3** |**Designated & Restricted Funds**
Henry Smith Parish Grants
Eden Team
Childrens and Families Worker and Youth
Building fund - Church & Diocese accounts
Warm space
XCC/Arise
Adminstration and worship
Other
Church Reserves
Restricted funds
Unrestricted fund
Total funds|**1 Jan 2025**
**Received**
**Spent**
**31 Dec 2025**
6,839
10,000
8,247
8,591
29,615
12,680
13,054
29,241
4,963
1,500
4,891
1,572
10,372
21,516
17,253
14,636
88
34
54
410
109
58
461
714
11,477
11,075
1,116
3,256
2,755
501
6,000
6,000| |---|---| ||59,000
60,538
57,367
62,171
21,265
65,012
56,248
30,029| ||80,265
125,550
113,615
92,201| 4 | P a g e ## **Annual Report 2025** ## **Independent examiner's report on the accounts** ## **Report to the trustees/** Beacon Church Blackpool, formerly Christ Church with All Saints Blackpool **members of** **On accounts for the year ended** 31[st] December 2025 **Charity no** 1163354 **Set out on pages** 3 and 4 I report to the trustees on my examinaEon of the accounts of the above charity (“the Trust”) for the year ended 31/12/2025 **Responsibili:es and basis of** As the charity trustees of the Trust, you are responsible for the preparaEon of the accounts **report** in accordance with the requirements of the ChariEes Act 2011 (“the Act”). I report in respect of my examinaEon of the Trust’s accounts carried out under secEon 145 of the 2011 Act and in carrying out my examinaEon, I have followed the applicable DirecEons given by the Charity Commission under secEon 145(5)(b) of the Act. ## **Independent examiner's** **Independent examiner's statement** aRenEon in connecEon with the examinaEon which gives me cause to believe that in, any material respect: - accounEng records were not kept in accordance with secEon 130 of the Act or - the accounts do not accord with the accounEng records I have no concerns and have come across no other maRers in connecEon with the examinaEon to which aRenEon should be drawn in order to enable a proper understanding of the accounts to be reached. **Signed: Date:** 7[th] April 2026 **Name:** Jonathan Goldthorpe Fellow of the InsEtute of Chartered Accountants England and Wales **Relevant professional qualifica:on(s) or body (if any):** **Address:** 2 Constitution Hill Ipswich IP1 3RQ Suffolk 5 | P a g e