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2026-03-31-accounts

The Friends of the Church of St Hubert Idsworth Trust

Annual Report & Financial Statement For the year ending 31 March 2026

Registered Charity Number: 1168533

Principal Address:

Independent Examiner:

Mrs Dawn Bishop

6 Little Anglesey Road

Gosport

Hampshire PO12 2HS

Total Accounting & Bookkeeping Co 10 Meadow Walk

Bognor Regis PO22 6LU

This Annual Report and Financial Statement has been prepared in accordance with the current guidance for charity reporting and accounting: the essentials November 2016 updated 14 June 2023, issued by the Charity Commission for England and Wales. The trustees have elected to produce annual accounts using the accruals method.

Structure, Governance & Management

The Friends of the Church of Saint Hubert Idsworth Trust also known as ‘The Idsworth Church Friends Trust’ or ‘Friends Trust’ is a Charitable Incorporated Organisation (CIO) established 1 August 2016 for charitable purposes only for the public benefit and is constituted as a trust.

Charity Trustees
Name Position At 1 April 2025 Appointed Resigned
Mrs Tracy Eggleston Treasurer
Canon Wendy Kennedy Trustee & PCC Representative
Mr Andrew Fisk Trustee
Mr Simon Hartley Trustee
Mrs Ann Hartley Trustee
Mrs Dawn Bishop Trustee & Secretary
Mr Tim Cowen Trustee & PCC Representative
Mr Tony Bird Trustee/Treasurer
Ms Fenella Atkinson Trustee
Mr Kevin Giles Trustee

The Trustees as at the beginning of the year are shown in the third column of the chart above. The trustees continue to function without a Chair. As 3 of the Trustees reached their maximum term of office during 2025, the recruitment of new Trustees continued, and the Friends are pleased to welcome 3 new Trustees, Fenella Atkinson, Tim Cowin and Kevin Giles. The Trustees are grateful for the support that Tony Bird gave as Treasurer during 2025 following Tracy Eggleston stepping down. The Trustees would like to express many thanks to Tracy for her support as Treasurer over many years, also to Simon Hartley and Ann Hartley for their involvement since the creation of the charity, their hard work has been much appreciated.

The following organisations may propose a candidate to represent them as a trustee:

The Trustees adhere to the Charity Governance Code which promotes good governance, enables and supports compliance with relevant legislation and regulation; promotes attitudes and culture where everything works towards fulfilling the Trusts vision. The Trustees are ever mindful of the issues posed by governance, risk assessment and safeguarding. Such challenges are kept under review.

Objectives

The objects of the Friends of the Church of St Hubert’s Idsworth Trust are:

Achievements & Performance

A Trustee of the Friends of St Huberts, Dawn Bishop, sets out below the achievements of the past year to 31 March 2026.

Charity Finances

In addition to the unrestricted funds held by the Friends in a Lloyds account, some funds were invested by Brewin Dolphin (£219,000) in the Autumn of 2022. There are plans in early 2026 to change the investments to Cazanove Capital. During 2025 a CCLA savings account was set up to maximise funds whilst also enabling flexible access.

Support to the Parochiial Parish Council

In 2025 The Friends continued to provide financial support for the building works programme directed by John Bannell. Grants totalling £13,772.91 were provided to the PCC to support with building and restoration work to conclude Phase 1B of the building work., re-ordering work within the church and also for a digital interpretation project. The Friends involvement was to provide match funding (matching grants received by the PCC) and advancing funds for VAT, prepayments for contractors and professionals to help the PCC cash flow.

Events

Several events hosted jointly by the Friends and the PCC took place during the year. In April, Los Ladrones performed music from Sir Arthur Sullivan at Madrigal Matinee at the Zoo! The concert was enjoyed by the audience and raised vital funds to maintain the church. The AGM followed in May, together with a talk by Tim Cowin about the history of St Hubert’s Church. The congregation and friends heard about the financial aspects and activities of the charity. Volunteers from the Hampshire

Astonomical Group kindly visited the church in June and talked about the Midsummer Sun. Visitors were offered a chance to enjoy a number of interesting activities relating to the sun including solar talks, safely view the sun with a telescope, and seeing a range meteorites on display. The next event was in July and saw Empty Frets, a folk and blues band entertain the visitors at the popular annual Musical Picnic. This is always a fun event with a great community atmosphere. The 2025 events culminated in the Mistletoe and Wine event in December which had a festive atmosphere and got visitors in the Christmas spirit. Musicians performed and then visitors had a chance to sing their favourite carols whilst enjoying some mulled wine and food. The events during 2025 raised £1,490 and the Friends and PCC are grateful to everyone who supported these events. They raise awareness of the charity and church and provide vital income that help preserve this historic and wonderful church.

The events would not be possible without volunteers to run them, and the Friends are very grateful for their support. It has been good to welcome new volunteers during 2025 who are now helping with catering and creating new and exciting events to attract visitors and future supporters.

Policy on Reserves

The policy on Reserves is unchanged from previous years and is set out below: The Trust will operate two Reserves:

  1. Operating Reserve with the objective to set aside 3 years of expenditure to cover the ongoing costs of the Trust (excluding expenditure for fund raising events) in the event of a significant loss of revenue.

  2. Matched Funds Reserve to set aside funds to cover matched funding obligations from existing grants plus such funds as the trustees deem appropriate towards matched funding for future grant applications. In previous years the matched funds has increased annually by £5,000; however the payment of grants during the last few years has exceed income and in this financial year the matched funds reserve has been reduced by £30,000 in line with cash.

The funds will be commingled with the general cash of the Trust.

Use of the funds will be by application to the Chair and approved by a majority of the Trustees.

This policy will be reviewed at least annually and in accordance with the Trusts governance programme. The table below provides a summary of reserves as at 31 March 2026

Operating Reserve Operating Reserve Matched Funds Reserve Matched Funds Reserve
Opening Balance: £3,000 Opening Balance 1 April 25: £130,000
Reduction in reserves (£30,000)
Closing Balance: £3,000 Closing Balance 31 Mar 26: £100,000

Investment Policy

This policy sets out the objectives of the investment (long and short term), the trustees approach to risk, liquidity requirements, management and ongoing monitoring and reporting. The investments are managed by a sub-committee of trustees.

Financial Review

The March 2026 financial statements have been prepared on an accruals basis using the Charities Commission template. The Trust will submit the full accounting template to the Charities commission, with a condensed version shown in this report, omitting those notes in the template that are not relevant to these accounts. The Statement of Financial Activities show that we received more income than paid out in expenses during the year. The principle sources of income are from Donations (£2,060) and Events (£1,560). The main expenditure relates to grant paid to St Hubert’s PCC (£14,023). This year our investments achieved an unrealised gain (£24,088) with investments valued at £219,810.

Statement of Financial Activities

Recommended categories by activity
Incoming resources (Note 1)
Income and endowments from:
Donations and legacies
Charitable activities
Other trading activities
Investments
Separate material item of income
Other
Total
Unrestricted funds
Restricted income
funds
Endowment
funds
Total funds 2026
Total funds 2025
£
£
£
£
£
F01
F02
F03
F04
F05
Unrestricted funds
Restricted income
funds
Endowment
funds
Total funds 2026
Total funds 2025
£
£
£
£
£
F01
F02
F03
F04
F05
Unrestricted funds
Restricted income
funds
Endowment
funds
Total funds 2026
Total funds 2025
£
£
£
£
£
F01
F02
F03
F04
F05
Unrestricted funds
Restricted income
funds
Endowment
funds
Total funds 2026
Total funds 2025
£
£
£
£
£
F01
F02
F03
F04
F05
Unrestricted funds
Restricted income
funds
Endowment
funds
Total funds 2026
Total funds 2025
£
£
£
£
£
F01
F02
F03
F04
F05
3,698 - - 3,698 4,490
- - - - -
1,560 - - 1,560 1,700
170 - 170 431
- - - - -
- - - - -
5,428 - - 5,428 6,621

Resources expended (Note 2)

Expenditure on:

Raising funds

Charitable activities Separate material item of expense Other

Total

- - - - -
14,392 - - 14,392 36,763
- - - - -
2,797 2,015 - 4,812 3,754
17,189 2,015 - 19,204 40,517

Net income/(expenditure) before investment gains/(losses)

Net gains/(losses) on investments Net income/(expenditure)

Extraordinary items

Transfers between funds

----- Start of picture text -----
- 11,761 - 2,015 - - 13,776 - 33,896
- - - - -
- 11,761 - 2,015 - - 13,776 - 33,896
- - - - -
- - - - -
----- End of picture text -----

Other recognised gains/(losses):

Gains and losses on revaluation of fixed assets for the charity’s own use Other gains/(losses) Net movement in funds

Reconciliation of funds:

Total funds brought forward Total funds carried forward

- 24,088 - 24,088 5,818
- - - - -
11,761
-
22,073 - 10,312 28,078
-
317,266 - - 317,266 345,344
305,505 22,073 - 327,578 317,266

Balance sheet

Unrestricted Restricted Endowment

Fixed assets
Intangible assets
Tangible assets
Heritage assets
Investments (Note 3)
Total fixed assets
Current assets
Stocks
Debtors (Note 4)
Investments
Cash at bank and in hand (Note 5)
Total current assets
Creditors: amounts falling due within one year
(Note 6)
Net current assets/(liabilities)
Total assets less current liabilities
Creditors: amounts falling due after one year
Provisions for liabilities
Total net assets or liabilities
Funds of the Charity
Endowment funds (Note 6)
Restricted income funds (Note 6)
Unrestricted funds
Revaluation reserve
Total funds
Signed by two trustees on behalf of all trustees

funds
£
F01
income funds
£
F02
funds
£
F03
Total 2026
£
F04
Total 2025
£
F05
- - - - -
- - - - -
- - - - -
- 219,810 - 219,810 197,737
- 219,810 - 219,810 197,737
- - - - -
328 - - 328 820
- - - - -
107,560 - - 107,560 118,879
107,888 - - 107,888 119,699
120 - - 120 170
107,768 - - 107,768 119,529
107,768 219,810 - 327,578 317,266
- - - - -
- - - - -
107,768 219,810 - 327,578 317,266
- - -
219,810 219,810 197,737
107,768 - 107,768 119,529
- - - -
107,768 219,810 - 327,578 317,266
Signature Print Name Date

Note 1 Analysis of income

TOTAL INCOME
Donations and
legacies:
Charitable
activities:
Other trading
activities:
Income from
investments:
Separate material
item of income:
Other:
Analysis Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total 2026
Total 2025
£
£
Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total 2026
Total 2025
£
£
Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total 2026
Total 2025
£
£
Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total 2026
Total 2025
£
£
Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total 2026
Total 2025
£
£
Donations and gifts 2,060 - - 2,060 2,312
Gift Aid 328 - - 328 828
Legacies - - - - -
General grants provided by government/other charities - - - - -
Membership subscriptions and sponsorships which are
in substance donations
1,310 - - 1,310 1,350
Donated goods, facilities and services - - - - -
Other - - - - -
Total 3,698 - - ~~3,698~~ ~~4,490~~
1,560 - - 1,560 1,700
- - - - -
- - - - -
Other ~~-~~ ~~-~~ ~~-~~ ~~-~~ ~~-~~
Total 1,560 - - ~~1,560~~ ~~1,700~~
- - - - -
- - - - -
- - - - -
Other - - - - -
Total - - - - -
Interest income 170 - - 170 431
Dividend income - - - - -
Rental and leasing income - - - - -
Other - - - - -
Total 170 - - 170 431
- - - - -
- - - - -
- - - - -
- - - - -
Total - - - - -
Conversion of endowment funds into income - - - - -
Gain on disposal of a tangible fixed asset held for
charity's own use
- - - - -
Gain on disposal of a programme related investment - - - - -
Royalties from the exploitation of intellectual property
rights
- - - - -
Other - - - - -
Total - - - - -
5,428 - - 5,428 6,621

Note 2 Analysis of expenditure

Analysis
Expenditure on raising funds:
Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
£
£
2026
2025
Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
£
£
2026
2025
Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
£
£
2026
2025
Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
£
£
2026
2025
Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
£
£
2026
2025
Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
£
£
2026
2025
Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
£
£
2026
2025
Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
£
£
2026
2025
Incurred seeking donations ~~-~~ ~~-~~ ~~-~~ ~~-~~ ~~-~~ ~~-~~ ~~-~~ ~~-~~
Incurred seekinglegacies - - - - - - - -
Incurred seeking grants - - - - - - - -
Operating membership schemes and
- - - - - - - -
~~i l l tt i~~
Staging fundraising events
369 - - 369 300 - - 300
Fudraisingagents - - - - - - - -
Operatingcharityshops - - - - - - - -
Operating a trading company undertaking
non-charitable trading activity
-
- - - - - - -
Advertising, marketing, direct mail and - - - - - - - -
Start up costs incurred in generating new
- - - - - - - -
~~source of future income~~
Database development costs
~~-~~ ~~-~~ ~~-~~ ~~-~~ ~~-~~ ~~-~~ ~~-~~ ~~-~~
Othertrading activities ~~-~~ ~~-~~ ~~-~~ ~~-~~ ~~-~~ ~~-~~ ~~-~~ ~~-~~
Investment management costs: - 2,015 - 2,015 - 1,872 - 1,872
Portfolio management costs - - - - - - - -
Cost of obtaining investment advice - - - - - - - -
Investment administration costs - - - - - - - -
Intellectual property licencing costs - - - - - - - -
Rent collection, property repairs and - - - - - - - -
- - - - - - - -
Total expenditure on raising funds 369 2,015 - 2,384 300 1,872 - 2,172
Expenditure on charitable activities:
~~Grant Costs~~ ~~-~~ ~~-~~ ~~-~~ ~~-~~ ~~-~~ ~~-~~ ~~-~~ ~~-~~
~~Grant Paid~~ 14,023 - - 14,023 36,463 - - 36,463
- - - - - - - -
~~-~~ ~~-~~ ~~-~~ ~~-~~ ~~-~~ ~~-~~ ~~-~~ ~~-~~
Total expenditure on charitable activities 14,023 - - 14,023 36,463 - - 36,463
Separate material item of expense
~~-~~ ~~-~~ ~~-~~ ~~-~~ ~~-~~ ~~-~~ ~~-~~ ~~-~~
- - - - - - - -
~~-~~ ~~-~~ ~~-~~ ~~-~~ ~~-~~ ~~-~~ ~~-~~ ~~-~~
~~Total~~ ~~-~~ ~~-~~ ~~-~~ ~~-~~ ~~-~~ ~~-~~ ~~-~~ ~~-~~
Other
Insurance 424 - - 424 423 - - 423
Annual Review Fee 120 - - 120 120 - - 120
Software & Website Fees 2,076 - - 2,076 265 - - 265
Miscellaneous Fees 177 - - 177 1,074 - - 1,074
Total other expenditure
TOTAL EXPENDITURE
2,797 - - 2,797 1,882 - - 1,882
17,189 2,015 - 19,204 38,645 1,872 - 40,517

Note 3 Investment assets

3.1 Fixed assets investments

Carrying (fair) value at beginning of period
Add:additions to investments during period
Less:disposals at carrying value
Less: impairments
Add: Reversal of impairments
Add/(deduct):transfer in/(out) in the period
Add/(deduct):*net gain/(loss) on revaluation
Carrying (fair) value at end of year
Cash & cash
equivalents
2,340
-
- 2,015
-
-
325
Listed
investments
195,397
-
-
-
-
24,088
219,485
Investment
properties
-
-
-
-
-
-
-
-
Social investments
-
-
-
-
-
-
-
-
Other
-
-
-
-
-
-
-
-
Total
197,737
-
- 2,015
-
-
-
24,088
219,810

Note that all items in note 3 are shown at their fair value

Note 4 Debtors and prepayments

4.1 Analysis of debtors

Trade debtors Prepayments and accrued income Other debtors

----- Start of picture text -----
2026 2025
£ £
- -
328.0 60.0
- 760.0
Total 328.0 820.0
----- End of picture text -----

Note 5 Cash at bank and in hand

Other
Total
Short term cash investments (less than 3 months maturity date)
Short term deposits
Cash at bank and on hand
2026
£
2025
£
- -
100,171 -
7,389 118,879
- -
107,560 118,879

Note 6 Creditors and accruals

20.1 Analysis of creditors

Accruals for grants payable
Bank loans and overdrafts
Trade creditors
Payments received on account for contracts or performance-related
grants
Accruals and deferred income
Taxation and social security
Other creditors
Total
2026
2025
£
£
- -
- -
- -
- -
120 170
- -
- -
Amounts falling due within one
year
2026
2025
£
£
- -
- -
- -
- -
120 170
- -
- -
Amounts falling due within one
year
2026
2025
£
£
- -
- -
- -
- -
- -
- -
- -
Amounts falling due after more than
oneyear
2026
2025
£
£
- -
- -
- -
- -
- -
- -
- -
Amounts falling due after more than
oneyear
120 170 - -

Note 7 Charity funds

7.1 Details of material funds held and movements during the reporting period

* Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds

2026 2026 2026 2026 2026 2026
Fund names Type PE, EE R
**or UR ***
Purpose and Restrictions Fund balances
brought forward
£
Income
£
Expenditure
£
Transfers
£
Gains and
losses
£
Fund balances
carried forward
£
Restricted Funds R Long Term Capital Growth 197,737 - - 2,015 - 24,088 219,810
Unrestricted Funds U Fund raising (incl Matched Funds) & Grant making 119,529 5,428 - 17,189 - - 107,768
~~Other funds~~ N/a N/a - - - - - -
~~Total Funds~~ ~~317,266~~
~~5,428~~ ~~- 19,204~~ ~~-~~ ~~24,088~~ ~~327,578~~
2025
Fund names Type PE, EE R
**or UR ***
Purpose and Restrictions Fund balances
brought forward
£
Income
£
Expenditure
£
Transfers
£
Gains and
losses
£
Fund balances
carried forward
£
Restricted Funds R Long Term Capital Growth 193,791 - - 1,872 - 5,818 197,737
Unrestricted Funds U Fund raising (incl Matched Funds) & Grant making 151,553 6,621 - 38,645 - - 119,529
Other funds N/a N/a - - - - - -
Total Funds 345,344
6,621 - 40,517 - 5,818 317,266

Independent Examiners Report to the Trustees of The Friends of the Church of St Hubert Idsworth Trust

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 t his y ear u nder section 144 of t he C harities A ct 2 011 ( the C harities A ct) and that an independent examination is needed.

It is my responsibility to:

Basis of Independent Examiners Statement

My examination was carried out in accordance with 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 Examiners 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.

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: Dated: 25th June 2026

J Arthur ACCA Chartered Accountant, for and on behalf of Total Accounting & Bookkeeping Co. Address: 10 Meadow Walk, Bognor Regis, West Sussex, PO22 6LU