Annual Report and Financial Statements For the year ended 31" December 2025 The Parochial Church Council of Ashford Town A Charity registered with The Charity Commission no 1171191
ASHFORD TOWN MINISTRY TEAM Team Rector Revd Canon Dr Jeremy Worthen 7 Augustine Drive, Willesborough TN25 7GH Team Wicars Rerfd Jo Purle The Vicarage, 212 Faversham Road, Kennington, Ashford TN24 9AF Rev'd Adam childs The Rectory. Church Hlll. Klngsnorth, Ashford TN23 3EG Re¢d Teena Twelves (resigned November 2025) The College. Churchyard, Ashford TN23 IQG A550ciate Priests Rerfd Cathie Aldis-saunders {retired November 2025} Revd Charlotte Coles Assistant Curate Rerfd Dr Steven Home (from July 20241 Hon Treasurer: Canon Shlrley Leslle 76 Tritton Fields. Kennington Ashford TN24 9HL Hon Secretary: Mrs Sally Lees Bucksford Lodge, Chart Road, Gt Chart. Ashford TN23 3AE Independent Examlner: Mr S Whorlow FCA Ca55idys Chartered Accountants South Stour Offices, South Stour Road, Mersham, TN25 7HS Bankers Barclays Bank plc, 66 High Street, Ashford TN24 8TL The Parochial Church Council of the Ecclesiastical Parish of Ashford Town in the Di0e of Canterbury A Charity Registered with the Chairty Commission no. 1171191
Contents Annual Report Page I Independent Examinerfs Report Page 12 Statement of Financial Activities Page 13 Balance Sheet Page 14 Cash Flow Statement Page 15 Notes to the Accounts Page 16 Pension Fund Disclosure Page 24
Annual Trustees Report 2025 Aim & Purpose The Parochial Church Council IPCC}. has the responsibility of co-operating with the incumbent in promotin& in the eeclesiastical parish. the whole mission of the Church, pastoral, evangelistic, social and ecumenical. When planning activities for the year, the PCC gave consideration to the Charity Commission's Euidance on public benefit and in particular, the specific guidance on charitie5 forthe advancement of religion. ObJecrSves & Attlvltles At its Annual Parochlal Churth Meeting in 2022, the following vision statethent was agreed as encapsulating our hopes and prayers for the parish for the next five years: Our wsion is to be a family of churches that Is centred on Jesus, serving the community. and sharlng our falth. As we have sought God's will for our parish over the next five years. we sèe this vision including: l. A rich varlety of discipleship activities and worship serVIS that enable people of different ages and stages of faith to live lives centred on Jesus 2. Initiatives that are serving the community by having a transformative impart on people's lives in the most deprived areas of Ashford 3. An evolving range of 'bridge' activities that build relationships with people who are not turrently part of a church community. includingth05e living on newer estates. and provide opportunities for sharing our fatth Five parlsh priorities were agreed by the PCC for 2022-27 to support the achievement of this vision: I, Children. Young People ond Famllles.. every church communty is investing in this area of ministry, including work with schools 2. Serving the Community. range of different initiatives in terms of location and focus that are havlng a transformative impact on people's lives 3. Adult Education and Discipleship.. all adult congregation members are able to access a range of opportunities to support them in discipleship, including prayer, beyond Sunday services, and most are making some use of this 4. Oversight and Governance." posttlve sense of connectedness as family of churches reflected in strong team relatlonshlps and sustainable leve15 of financial support 5. Buildings.. on track for Carbon Net Zero in line with national and diocesan polity. As it seeks to achleve Its priorities and fulfil tts Vision, the parish is committed to Sustaining rtain areas of activity as central to this. In particular, the parish Maintains a regular pattern of public worship Makes available weddings. funerals and baptisms forthe people of the parish Encourages Christian discipleship for all ages Supports a range of activities to show God's love In practlcal attion that responds to human need
Ensures its buildings are maintained and where appropriate developed for use by the wider community as well as church congregations. AchlevÈments & Performance Priorities l. Children Youn Peo le and Families: eve minist includin work with schools church commun is investin in this area of 'Experience Easter, sessions offered to local schools across four sites, as well as 'Christmas Explored. sesslons Youth intern appointed at Singleton Comfftunity Church, enabling more re8ular offering of ministry for young people Continuing provision for children and young people at Sunday morning serwlces across the parish in different form5 Holiday sessions for families hosted at various lorations, including Family Food and Fun at Willesborough for the first time. 2. Servin havin the Communit ran a transformative im e of different Initiatlves in terms of location and focus that are arton eo le's lives Mou with signed with Uprising (local Christian youth charity) for partnership at St Francis Cryol Road, including use of St Francis House Increased numbersfor Link Lunches at St MaTVs Kennington Continuing strong levels of participation in Ignite and Make Lunch. 3. Adult Education and Disci leshi l adult con ofo ortunities to su ortthem in disci leshi and most are makin some use of thi5 re ation members are able to access a ran Many activities in local churches, including'Prarticing the Wav course at Kingsnorth Well-received Parish Conference Focus on prayer in Lent courses Three people confirmed at Deanery Confirmation service Additional church communities took part in 'Leading Your Church into Growth, conference organized bythe diocese 4. Oversi ht and Governance.. ositive sense of connectedness as famil of churches reflected in I*1n£_.!t ?nA Eijstainabl levels of financial su ort Ministry clusters now including all church communities in the parish Plans for resourcing church at Christ Church car,- decisions then made about mpdiiim_tprm flitiitfx fnr rk-'.rt rk..-- External review of team ministry, supported by the diocese, provided valuable opportunity for rpflprtinn 2nd raised Important questionsfor our future- process set up for addressing these.
- Buildin s: on track for Carbon Net Zero in line with national and diocesan olic Parlsh pollcy for Net Zero Carbon agreed Two churches in the parish took part in national church energy audit and are now in the process of applying to become Demonstrator Churches. All church communities continue to engage with Mission Action Planning, including submission of documentation relating to the diocese's Yhree Things, initiative.
- On oin Actitvi Indicators of attendance show only minorv3riations from the previous year with Average Weekly Attendance at 413 (down by 7) and Usual Sunday Attendance down by 28, all in the under 16s bracket. to a total of 325 in 2025. Although weddings fell from 27 to 22, the ongoing trend of increases in baptisms. weddings and funerals continued in 2025 . Two members of the clergy team moved on from the parish in November: the Revd Cathle Aldls- Saunders retired, and the Revd Teena Twelves leftto serve in the Pas de Calais chaplaincy, part of the Diocese in Europe. Flnanclal Review oVeiew. 2025 has been another challenging year. with falling incomes. failure to meet budgets and loss of ordained ministry. The negativity surrounding finance is demoralising and di5pirtting and adversely affects growth numerically as well as financially. However, at local church level there are some indications of increases, particularly in open plate collettions and fundraisin& and some savings in the costs of running Cafés and Link Lunches. A last minute decision at diocesan level to increase Parish Share by 6% when our Budget had anticipated an inflationary 3%, made it almost impossible to achieve our long-term plan to reduce the shortfall in both attual and percentage terms: we paid £4,500 less than in 2024, and only 69% compared with 74%. For 2025, the local churches, Leadership Teams agreed their respective budgets. but in the majority of cases did not achieve their aspirations for planned giving and were unable to contain expenditure. Many factors are at play in this area, none more significant than the care of our ancient buildings. with no recompense from Church or State authorities. Climate change resulting in colder, wetter winters, and juggling price caps accounted for a IO% rise In utility bills with some churches experiencing significant increases in water charges. The overall resu forthe year was a net Surplus of around £13,600= this was comprised of a surplus of a Itttle under £10,5 net surplus of ringFenced funds, a deficit of almost £12,000 in Unrestricted general funds and a net surplus of just over £30,000 in Restricted Funds incorporating thetransfer of Endowment funds. CCLA Property Fund holding in Kingsnorth's Myrtle Fund and part of their Investment Fund holdingwere sold in orderto fund the church's new AV system, incurring small1055es amounting to just over £500: revaluation losses of £15.000 were sustained this year. The Annie Marwick Endowment previously held by the
diocese as custodial trustee was released as a locally controlled Restricted fund for the benefit of works in Shadoxhurst churchyard: a further £379 will follow only in 2026. b. Incorning Resources Regular giving 15 the bedrock of our Income strutture and we are eternallygrateful to all who are committed to supporting their local church and other initiatives such as Ignite in this way. However, the number of givers is only a proportion of ourtotal perceived membership. In 2026 we have registered and will be working with Cornerstone- a National Church of England initiative to support generosity through numerous pathways- in the hope that we can encourage and enable more regular givers: potentially, these will represent small but positive steps towards greater 5UStainability. Plannèd GiviDgthrou8h the Parish Giving Scheme has seen a sm811 increase in number of contributors, from 97 to 102 but only around 20% subscribe tothe annual inflationary review which is the principal advantage of the scheme. The PGS Set up from a parish management point of view is cumbersome and time-CDnsumin& and extrarting information from the system's statistical reports, despite their being in Excel format. is not straightforward as the reports were tonstructed in such a way as to make manipulation of the data difficult, and slnce a new platform was launched in October, year-to-date data is no longer provided. The number of direct regular givers has fallen forthe second year runnin& from 118 in 2023 to 85 a net loss of almost 20% overthe two years: in monetary terrn5, there has also been a reduction in income forthe second year runnin& the major part being in 2025, where the reduction was almost PA. There has. however, been a further increase in service collection5 of some £3.000 following the upturn of £10,000 back in 2023. Understandably, the Small Donations Gift Aid scheme claim5 have increased in line with the increase in service collections. Those who are able to Gift Aid tend to contribute through one of the various methods of regular giving. The amount of Gift Aid claimed from HMRC ha5 increased but some of this will relate to one-off donations as opposed to regular giving. Two more contactless devices were introduced, one at Willesborough and the other based at Singleton but also used elsewhere a5 both are portable. This allowed the opportunityforthe fundraisingteam at Kennington to use a device to good effect at an open-air event some distance from the church. All of the devices are regularly used at Sunday services and at St Marfs Town Centrethere is a separate campaign for donations to the Organ Restoration Fund which contributed £151 from 10 donations duringthis year. Church St Mar¢s Willesborough St Mar¢s Town Centre St Mary s Kennington Singleton Community Church St Michael's Kingsnorth TOTAL Donations Average £8.00 £14.70 £9.35 £6.63 £8.80 £10.09 Total £1512.00 £2,557.00 £1,065.50 £457.20 £563.50 £6155.20 189 174 114 69 64 610 Revenue from Hall and Church hire fell by £3,300whilst running costs increased by around £1,400. On Page 5 is a detailed analysis of the performance at each location.
LOCATION Net REVENUE Variance COMMENTS CHRIST CHURCH HALL STUBBS CROSS MISSION HALL ASHFORD PARISH ROOMS CHURCH HALL KENNINGTON ST MARY'S COMMUNITY CENTRE ST FRANCIS HALL {£1,7001 Lost revenue. +£8IXI Increased Revenue: lower maintenance costs {£4,000) Lost Revenue: water rates trebled on price cap removal Lost Revenue 1£2,7001 {£1,7001 Lost Revenue: 60 Chairs reupholstered £3,0W- other cost savings £4,300. +£5,000 Minimal maintenance / frequent damage to buildin8 future costs to come Less revenue TOWN CENTRE CHURCH WILLESBOROUGH CHURCH (£5001 (£1251 Revenue increase £l.100- more local overhead cost headings apportioned Fee income increased by £3,300: we condutted 94 funeral services (including 20 intemients of Ashes) compared with 74 in 2024. There was a decrease in the number of weddings from 27 to 22 but we already have 32 booked in for 2026. 2027 and 2028. Fundraisingwas around £3,000 h4gherthan in 2024 although the majority of the Increase was for Restritted funds.. the summer fayres were blessed with good weather which is a vital component of successful outdoor events. These major events demand much time and effort in plannin& preparation and- not lea5t- in generosity from our congregations in donating goods, as well a5 time on the event days, and we are especially grateful to the small teams in each of our churches who tirelessly work to ensurethe success of ourfund ralslng efforts. The café attivity at Willesborough and at St Marfs in the town centre has remained on an even keel despite the fact that Willesborough was affected by road closures for some time in the autumn: Sunday and Wednesday coffee at Kennington added a further £IOOO. Link Lunches continued each month exceptjanuary at Kennington and Kingsnorth and bi-monthly at Willesborough despite staffing pressures and some falling numbers. We are grateful to small teams of volunteers who give of their time and skills in supporting this outreach to our wider comrnunities. offering hospitality arld companionship to those who are isolated or live alone. Expendlture Unrestricted expenditure increased by a mere £2,0(K), although there were increases and reduttions in various categories. The requested Parish Share increased by 6% as already mentioned, and we failed to achieve our planned contribution. Historic arrears are reported at Note 8b on page 20, together with an explanation of the rationale governing the fart that this debt 15 riotional and not stated in the liabilities of the parish.
Spending on Mission and Outreath costsfell by almost £2,000 as the parish grappled with increasing financial problems and, toward the end of the year, falling number5 in ordained clergy (See Note 6 on Page 31. At Kennington, expenditure was incurred in sorting surface water drainage around the church and sewage disposal from the hall where a failed pump cost some £6,OLNJ to replace. Much of the cost of repairs to rainwater goods was met by a grant from the Friends of St Marfs Kennington. During the year, the ternporary assistant administrator appointed in October 2024 for 3 monthswas extended to early October 2025 at 20 hours per week, which accounts forAdmin salaries exceeding budget. A new part-time Finance Assistant was appointed in mid-october, contracted for 10 hours per week for the baslc book-keeping tasks of Sale5 and Purchase Ledger and Bank reconciliation. Eventually, this will free up Sometime for the Honorary Treasurer to focus more on the wider issues. but at present training in this extensive and complex multi-centre organisation 15 ongoing. d. Restricted Funds Restricted income is down by £130,0(K) and expenditure by £170.000 compared with 2024. By April 2025, the remediat works followingthe ker05ene leak in December 2023 at Kennington came to a conclusion: the final cost in the year amounted to almost £60,000, and the overall cost around £IIO,000 which was covered entirely by Insurance lapart from the £250 Policy Excess) and VAT totalling £22,000 was refijnded through the Listed Places of Worship scheme. In addition. our Insurers contributed £1,4(M) towards the energy cost incurred by the contractorfs machinery. Also at Kennington, pigeons which had roosted in the bell chamber caused significant health and safety issues at all levels of the tower and the removal of these vermin came in at a cost of £7,000, which was met form Restricted Funds. Concerns about the decliniftg state of plaster in the church gave rise to a damp survey, which was undertaken by a specialist consultant. This led to further consultancy fees for an investigative report into conservation heating whlch will hopefully come to fruition In 2026. In total, 10 claims for VAT refund were lodged under the Listed Places of Worship Scheme amountingto more than £23,000. This government scheme. which was scheduled to close in March 202S, was extended for another year butwith some limitations.. we have recently learned that it will not continue after that, though new avenues for grant funding for places of worship will be made available by the government. [N.B. new building works are zero rated but opportunities for such in the parish are r3re.I Only a small grant was made from Ashford Parochial Charitie5 to St Mary's (Town Centrel in this yearto cover emergency lighting inspection and some heating issues. The new nave attar and fumishings finally came to fruttion and were funded from a long-standing parishioner donation. Repairof damage to stained glass windows was covered by insurance. TheTown Centre Organ refurbishment fund benefitted from donations, fundraising and investment income amounting to almost £13.500 and only minimal expenditure incurred. The fund stands at £31.000 at the year end. At Christ Church, infrared heating was installed and some repair work identified in last yearfs Quinquennial inspection was undertaken at an overall cost of £10,000 whilst at St Francis. Make Lunch continued to thrtve with donations and grant5 amounting to £5,51XJ- a grant in
2023 of £5,632 was reallocated to the new St Francis Hub and expenditure on food and minor running costs totalled £7,650. The Make Lunch Fund stands at £9.200 atthe year end. and the Hub fund at almost £1,800 after donations of £2.200, expenditure reallocated from 2023 of £4,500 and the cost of toilet refurbishment and garden improvement of £1.500. At Gt Chart, the final sta8e of the access improvement project- Provision of new gates. other minor replacements and architect's fees- totalled almost £22,000= donations, fundraising and investment income added £8,000 and at the year end the Janus fund stands at £62,500. Wille5borough's spire fund remains at £54.000 and Sevington's spire and reordering fund at £27,700, Custodial Fund$ Custodial Funds remain as held on 31st December 2024.. Kingsnorth Bellringers. Fund £2792.11 Kingsnorth Africa Trip postponed from 2020 £22LYI.00 Full details of the fsnancial movement on each Restricted Fund can be found at Note 9 on Page 21, and the purpose of each Fund is detailed at Note 14 on Page 23 of this Report. In concluslon 2026 will see the parish focusing on a new vision to inspire, encourage and enable the enerby and enthusiasm which will be needed to navigate the challenging times ahead. We look forward with hope and will continue to strive for sustainability. The Parish Share increase has been pegged at 1.252%, which should ease the degree of challenge by a little, but we need to be imaginative in finding new income streams or waysto increase the sources we already have: increasing income wherethe main source is voluntary is never easy. There are no membership fees, the church is free to all and all are welcome. Generosity is at the very heart of our existence and the core of our financial success or failure. Total Funds at 31 December 2025 The PCC aims to maintain a balance on Free Reserves of not less than 12.5% of annual unrestricted expenditure. For 2026. based on 2025 re5uItS, the requirement would be a minimum of £57,422, but we also hold in free reserves the ringfenced IDesignated} funds of £13,644 which must be added to that figure giving a total of £70.866'. actual Pree Reserves are as shown in the following table= Funds Free Reserves Restricted Reserves Endowment Reserves: Amount £71,676 £513,274 £379 Held in: Cash and bank, bank depostt, debtors and liabilities Deposits, Investments, debtors and liabilities Deposit account to be released by the Diocese
FUre Plans A5 noted above in section 2, we have a vision Statement to shape our life as a parish up to 2027. and five priorities to support that. In 2024, the parlsh agreed to seek alignment between its priorities and the 2030 Outcomes in the new version of the Deanery Plan. Each of our seven church communlties identifies priorities and goals of its own within this framework as part of the Mission Action Planning process. The PCC has set three specific cross-parish goals for the calendar year 2026: A. Grow our ministry with children and young people by establishing a new Ignite church on the Bockhan8er estate and seekingfundinsfor a Children, Families and Youth Minister post (priorities land2) B. Discern how Christ Church South Ashford can continue to be part of how we serve God's mission in A5hford (priorities 3, 4 and 5) C. Ensure the proce55 of responding to the 2025 team ministry review is focused on fruitfulness in mission {priorities 1, 2, 3, 4 and 51. Risk Management Principle Risk.. 8.1.1 Insufficient or inadequate levels of regular giving to sustaln payment of essential basi running costs. 8.1.2 Church Halls becoming unfit for lettin& due to significant damage or general deterioration. Although now only a small element of our incomingfunds and widely spread across a team of volunteers, cash security always pose5 some risk albeit minor. Damage Limitation: Strict control continues to be exercised over expenditure at both local and parish levels: Local Leadership Teams have responsibility for their respective budgets. At parish level almost the only sanction available to protect cash flow is reduttion in payment of Parish Share. As a PCC we were committed to full payment since the Ashford Town Parish wa5 formed but the effects of the pandemic decimated free reserves. The decision to limit payment of Share was tskeri with much regret and as a last resort. The PGS scheme offers the opportunity to increase giving annually although thls Is optional and not widely taken up. Generosity Sunday is now common practice at least once a year in every local church community when generous giving not only of money but also of time and talents is preached and encouraged. Contactless devices are now in place at Kingsnorth, Kennington, St Marfs Town Centre, Willesborough and Singleton. 8.3 Future Management A draft risk register was drawn up during 2025.
Infomiation In Diagrammatic Form The following charts show in dlagrammatlc form the baslc elements of Income and Expendlture wlth some further analysis of church runnlng costs gnd, finally. a chart which depitts a comparison of the changes in income and expendhture levels over the flve years 2021 to 2025. UNRESTRICTED INCOME 2025 Grants, Investment & Olh IncomE 13% Donatlons & Leta(ies Fund Fee5. L+ttl and Café P14nned GIn Ser¥ke Q)Ilettw)rt5 HOW EACH £1 OF OUR INCOME WAS SPENT IN 2025 Lettiftgs & Cèlé Costs lop Surplus 0.4p Parish Share 47p Church Running Costs 26p LcKal Msn15try cost 16p
ANALYSIS OF CHURCH RUNNING COSTS 2025 Bank charge5 & Professlonal Fèes Sundrle5 Subscriptions & LICenS. I Printing & ststionery Insurance Upkeep Servlces Maintenanee & ChuFthyard 26% Ener8y & Water 35% 5-Year Income & Expenditure Comparison £600,000 £500,000 •• ++ •• +• £&,000 +• *• ++ •+ ++ ++ +• •+ •• •+ E300.IKX) •• •+ ++ •+ +• •• ++4 ++4 £200,( ++ ++ ++ +• ++ ++ +• •• £ioo,000 ++ ++ •• •• +1 ++ ++ ++ £0 2021 2022 2023 2024 2025 riincome OExpenditure io
10 Structure, Govemance and Management The PCC is a body corporate under the Parochial Church Council Powers Measure and operales in accordance th Ihe Church Representation Rules 2011.11 is a Charity registered with the Charty Commission number 1171191. The appointsnenl af PCC members is govemed by and set out in the Church Representation rules. PCC members are ex officio, co-opted, or èlectèd by the Annual Parochial Church Mèèting to serve frjr a period of three years, reliring by rolation. During the year, the maximum numb8r of churchwardens was increased from 2 to 7 being one form each local church. Lay members of both the Deanery and Diocesan Synods are ex officio members of the PCC. Membership Team RectOT and Chair of PCC.. Rev'd Canon Dr Jeremy Worthen Clergy.. Rev'd Adarn Childs,. Rev'd Jo Pude- Rev'd Teena Twelves-, (resigned November 20251 Associate Priests.. Rev'd Calhie Aldis-saunders (retired November 2025)., Re¢d Charlotte Coles. Assistant curate: Revd Dr Steven Home Deputy Chair of PCC & PCC Secretary: Mrs Sally Lees Church Wardens: Mrs Jenny Flahety {until April 2025},' Mr Julian Sheehan., Miss Caroline Hannah.. Mrs Claire Mullard, Mrs Susan Vamals (from ri1 20251, Mrs Shidey Leslie (from April 2025}. Miss June Wenky)m. PCC Elected Members: To seNe until April 2025.. Mrs Libby Varfey., Mrs Lorraine Andrews To serve until April 2027.. Miss Amanda Hodgkinson (reti Seplember 20251,. Mrs Christine Du¢hemin', Mrs Kathryn Salmon To seNe until April 2028.. Mrs Lorraine Andrews., Mrs Morag Sha. Elected Deanery Synod Representatives (Ex Officio members of the PCCI Until 2026 APCM Mrs Jane Applelon. Elected Diocesan Synod Members (Ex Officio members of the PCC} Until 31st July 2027 Canon Shidey Leslie.. Mrs Jill Humphreys-. Mr Jacob Pradeep: Mrs Sally Lees Canon Shirfey Leslie continued lo serve as Hon Treasurer, assisted by Mrs Petra Mitchinson (Gift Aid Claims} Mr R & Mrs T Fin¢heT, (Local Gift Aid adminislratorsl, Miss J Wenbom (Local Gift and banknng adminislratorl and Mr J Donovan, Mrs H West, Mrs A Sorrell, Mr C Grove and Mrs S Nash {Local Banking adminislralors). Mrs Lis Webb continued to see as Safeguarding Officer. Mrs Libby Varley oMtinued to seNe as Electoral Roll offir. The PCC met sgven ts'mes during 2025.. Each local church has a Local Leadership or Local Management TÈam'. these act as sub-committees of the PCC to deal wth purely local matters of mission, ministry and fabriG. Approved by the PCC on 28th March 2026 and Signed by Rev'd Canon Dr Jeremy Worthen- Team Rector li
Independent Examinerfs Report to the Trustees of Ashford Town Parochial Church Council I report on the accounts for the year ended 31st December 2025, which are set out on pages 13 to 23. Respectlve responslbilities of the PCC and the examiner The Charity's trustees consider that an audit is not required for tbls year under 5ettion 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 follow the procedurès laid down in the Genèral Directions given by the Charity Commissioners in Section 145{5){b} of the Act," and state whether particular matters have come to my attention Basis of Independent Examinerfs Statement My examlnation was carrled out in accordance wlth the General Dlrections given by the Charity Commission. An examination includes a review ofthe accounting records kept bythe charlty and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosurÈs in the accounts. and seeking explanations from the management committee concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in a full audit and consequently I do not express an audit opinion on the accounts. Independent Examiner's Statement In connectlon wlth my examlnatlon. no matters have cometo my attention: which give me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with S130 of the 2011 Act: and to prepare accounts which accord with these accounting records have not been met; or To which, in my opinion. attention should be drawn in order to reach a proper understanding of the accounts to be reached. Stuart Whorlow FCA Cassidys Chartered Accountants, Date olfr 2026 12
The Parochial Church Council of Ashford Town Financial Statements st Forthe year ended 31 December 2025
The Parothial Churth Council cf Ashford Tov• Statementof Flnandal AcifvKlies forthe yearended 31 I>&Mber2125 Unre5trfcled Fur5 Restrfcted Endowment TOTAL FUNDS Fund5 Funds TOTAL FUNDS pknte INCOMING RESOURCES Voluntary Income Actlvtt4es foFGenei?tlng Fund5 Investment Income 275,371 81135 357,506 426,968 2b 24,635 7,603 31238 29,194 4.068 11,313 432 15.813 16.960 Church Artlvitie5 107.700 107.7L 110.021 Other IncomlnE Reul$ 45,433 88.629 134,062 19L406 TOTAL INCOMIN6 RESOiIRCE5 457 207 4a2 RESOURCES EXPENDED Church A¢tlwties 455.482 158.325 613.807 783,057 Ralsing Funds 3b 3,214 3.799 3,320 TOTAL RESOURCES EXPENDED NET INCOMINGIIOUTfjOINfjI RESOURCES BEFORE TRANSFERS BETWEEN FLINDS 458.696 158 910 617 606 786 377 IL4891 30,770 432 29.713 111,8281 Transfers berween Funds 15.373 115.4321 NE[ INCOMINfjIIOUTGOINGI RESOUTICES BEFORE RECOGNISEDGAINS AND LOSSES 11.4301 46.143 i.j0) 29,713 111,8281 GaInlI055e5I on Inve5tmentassets.' Reallsed 4b 15551 15.2231 15551 Unrealised 4b 13731 115.3731 115.5961 9,436 NEf MOVEMENT IN FUND IIA301 30,365 13.562 12.3851 Bal*Ke blfonvard Istjanuary 2025 73.106 482.909 15.752 57L71 574,152 Closin4 Balance @ 310ecember 2025 676 379 571767 13
The Parochlal Churth Council of Ashford Town Balante Sheet as at 31 DecemlJeT Z025 2025 2024 Note FIXED ASSETS PV PaneL% 2.156 2.929 Imiestments 365.575 453,227 367.731 456.156 CURRENT ASSET5 Debtots & Prepayments 36,756 30.509 Deposits 147,623 114.058 Cash at bank and in hand 87,605 65.660 TOTALCURRENT ASSErs 271,984 210,227 Credthr5-amouTrtsfalling due in one year 149,3941 189,6241 NETCURRENT ASSETS Z22.59D 120,603 Credltor5- anK)untsfalling due In morethan 14.9921 14.9921 14.9921 14,9921 TOTALNET ASSETS 5B5A29 571767 PARISN FVP4D5 Urbrestricted 71.676 73,106 Re51Titted 513.274 4823D9 Endowrnert io 379 15.752 571767 The tinancial ststements We approved and atrthori5edfor i55ue byt Parochial Church QnCIl o 28th March 2026 and 5igneil on it5 behalf by-_ Rev'd non Drjeremy Worthen- PCC Chalr Canon Shldey LÈglle- blonTrea4urer 14
The Parochial Church Council of Ashford Town Cash Flow Statement as at 31 December Z025 2025 2024 Net cash from operating activities 132,5761 13,984 Cash flow5 from investing activities FIT Payments recelved Dividends & Interest Proceeds from salp of: Tangible Fixed Assets Tangible Fixed Investments Purchase of-. TaDgilJle Fixed Assets for the use of the PCC Fixed Investments 773 15,813 635 16,960 71.501 Net cash provided by I (used in) investing activities 88,086 18,195 Change In cash an¢J cash equlvalents In the reporting period Cash and Cash equivalents at l January 55,510 32.179 179.717 147,538 Cash and Cash uivalents at 31 Decembef 179,717 Analy515 of cash and cash equivalents: Cash at bank 2nd in hand Short-Term Deposits 87,605 147,623 65,660 114,058 Cash and Cash equivalents at 31 December 235.228 179.718 Reconciliotion oAnet mshfrom operatlng ortlvltles.. Net Income before investment gGins 31 December Adjuitmentsffor." DivAdends & Interest Decreose/ ftncreose) in Debtors {DecreJseJ/lncreuse in cditorS Net cash pravided by/ lused inj operoting ortivities 29,713 (11,8281 {15.813J (6.247J 140,230) (32.576J (16.960) 3.976 38.796 13,984
The Parothial Church Council of Ashford Town Notes to the Financial Statements 31 Drnber 2025 Note 1 Accountlng Polklos: Th& PCC ts a Publ beefit entitywtthin the NEaning of FRS 102. The ststewnts have been prepared under the ChatiWAct 2911 and in accorda with the Churth ACcont¥j RewLatb)ns 20 goveming the indmdud aun{S of PCCS, and wth the Regulationg Ime falr vbBW' th5iDns. The Stat1 ha¥e been prepwed in XCOrdan wfth the Che5 SORP IFRS1021 Aco)untiDg and by Charthes.. Stment of RX>telldEd Prth apWKztik to th45b¢5 w¢pan'ng th[ 15 in wdIn with Ihe Finwai RepLYbn9 Starard app[Wb in tt UK and Reputyltcof IFRS 1021 leffeth 1 January 19), Finanaa Repx)rbry Standatd 102 The FÈTranaal Ryrbng Stsndard IA the UKand RepublK of Ird'. Psrsh Shwe is a vduntary contrubution to the Diocese b 6Y)ver centrdl costs of and 11 is the polw ol this Parish to ree thelr t71fr1his contrit)ution and to pay fvll within the year to whK it rdates. However, where extemal fators beyond the control of the PCC pretthi8, the MMrn postAe P8yTrwtwill made ffjshorfal repuby bywayof noteto Ihe acLa)unts. ConsttrAted and b¢n¢fre wowrty If8r as c(wrated and benefice property ol any kind i8 exduded from Ihè stabjtory d¢fifiOn of'¢hariW by Serbon 1012llal and 1¢) of the ChathèsAet2011, assets are notca tii the Ilnandal staentS. Pknble chh fvrnlshlngs Trtse ate c4)rtlised * Lyjsl depr1 thr useful lrfe other whwe cosl Ink)rmabon Ls or wheré thè Ix)sts h&e tvn fultymelfrom yuficgrants or donakns. In al eases, f¢ms are included inthe rÈknrtChurd)& &wlè$. Tangw FLxad Assètsfor USÈ byehaity These ae Capitae ffthey be US Yor more than one yearand costal least£1,OCI) lesS the costs have beell lulty metfrom gts or donations. They are Gost deprwiatKJn is (alculth to write off ther uJrrW antupated cost over thwr estimated useful krfe 85 L- 1.. Fixttsres & FrfOmgs- 20Yes.. Computers- 3yevs'. Othered Èquwmènt - 5 No deprialion 1$ prwded on bu11g$ as the curwty esbmated $Jua1 vdue of the is not kss Ihan th&r vdue and the remar4ry tjseful lrfe ofthesè assets ÈxcÈds 50 yeaTS, xsthe thpw'ation chargesUld be immthrial. vestnnts Ir1EntseVaIUed attheirmakntvalue at31 Dporth. Ga5 and k)&8es the tevakjthn and dispfyds ol 1nVethents injuded in tr Statementof Thanaal Acbwbes. short Tenn Deposls Th888 8teth8c&8h depItetherIIkn CCLA Church olEngland Depos5t or atlhe bank. Funds Unresttrd FMnd$ The reptÈsent the rÈmauiing incOw funds of th8 PCC that are availth for SFenrfmg on the general PUFposes of the PCC, induding aTr)unts deslgnated bythè PCC forfixèd assÈtsfor it#i)wn Use orfor spending on afuknre woie(a aKI whth are not[? induded in rfs YrèÈ rpsèrk$'. The PCC aims to maintain abaanc8 on fréè reser yn9 to 8t #t 12.5% of unrestrKled payrmnts. Restrithd Fwds These are uKomefundsthatmu4be spenton r6str1cW and dala ofthetunds hÈhJ aj re&rfclons pwdwj are shown in notes knthe nts at noies 9 and 14. tt is our pohLy to #ivesi the th)rt tami invéstrn8ftt ftjnds tha CCLA Church of England Depos5t Fund the remainder in the CCLAChurth of England In¥RStMt Fund. EndownErt Funds These are restrthd tunds Ihat rn1 be retained & trust cayta either pcfinanenty or subject to a discretionary power ID S[1(1 lh8 Catxu 88 income, where the use of any Income or tnefftdeFthd fmm the tal Is res1rt. Full detsils of the knnds and thwr re5triction5 ar8 Sh[ in notes 10 &)d 14. The AJnd$ Wjministd ty Ctthury Di Board of Fina as Trustee invedJ in the CCLA Churth ofEngland kNesbM8nlFund. 16
The Parochlal Church Coundl of Ashford Town Notesto the Financial Statemerrts foT the perlod ended 31 December 2025 Unrestritted Restrirted Endowment Funds Funds Fufids TOTAL FUNDS 2025 TOTAL FUNDS 2024 2 INCOMING RESOURCES 2a Voluntsry Intome Planned Givir4g.' Gtft Aid Tax recoverable 141,195 36,061 19,673 37,832 141,195 36.061 19,673 37.832 152.764 39,566 19,879 35,182 other Planned fjiving Collectlons.. Open Plate Tax recoverable 10.971 10.971 IOA94 Donations IS.676 10,000 2,962 79.528 2,607 96.204 12.607 2,962 165.954 1.638 IA91 Legacie5 Special Appeals & Collections 275371 82,136 357,506 426,968 Zb ctl¥lUesforGenerally Funds Events 23,943 692 7,603 31.546 Z8J20 874 Magazine Adverts 692 24,635 7,603 32,238 29,194 Zc IDvesbnÈht Inm Diwdends & Interest 4,068 4.068 11,313 113 432 15.813 15.813 16.960 16.960 432 2d Clwrth Acll¥ltles Occasional Offi£efees 21.869 21A69 20.651 urch Magazine Sale5 Lettings Community Café nk Lunch 533 533 67.7Z6 17.528 3,323 17.528 3.323 17.838 3.193 30 Othor 107,7tKI 107.700 110.021 Ze Other Incornkng Resources GraAiS 39.028 26,518 6S.546 122.664 Insurance Claim5 60,594 60,594 2,627 64390 1.872 HMRC Allowance 2.627 Other 3,778 1,517 5,295 134,062 45rt33 88.629 191.406 Toia14nethnw Resources 457.207 189,680 432 647.319 774.549 17
The Parochial Church Council of Ashford Town Notes to the Finaneial Statements for the period ended 31 December 2025 Unrestricted Restylrted Endwment T07AI FuM(L% Funds Funds FUNDS TOTAL FUNDS 2024 RESOURCES EXPENDED 3 la Churth ActileS able Giwng Charfities Supported Irom speLial collecbons 1412 3AII 4.902 Totsi Charit•bleGivbnK M1551on & Mlnls 3812 4,902 Mission & Evan8eiism 1,843 IA43 866 Children & Young People Mlssion & OutrÈath 9,756 IL212 1,968 10,601 15245- 9,5 10.967 21A23 4.032 6.ni Totsl Mi551on & Evangeusm anlsty Parish Share 27.689 214.664 214.664 219.037 Lal Mlnlsiry Salaries & Honoriria 51,589 11.638 2,148 51,589 IL638 148 51.538 Clergy & Staff ejrpenses Parf15h Offite Costs 10,463 3,129 284,167 Total Mission & MiTrtstyCost Church RnIngC0S Centralised Costs 290.173 311.141 28,490 22,124 19,300 41,208 7,018 2.262 30.752 22.124 117,171 41, 25,598 20.7 169.090 37,333 115 Imsuran¢e Mai*terknte & aeanlng Energy& Water Churchyard upkeep Other Running Costs 97,8n iU.140 IW133 218273 25&233 C¢t of Tradw Hall Runr4nE Costs Café Runninsctssts 41.295 41295 5W4 41.374 7,657 5,874 47.170 47.170 49,031 Mah Capitsl Expenthwre Capttèl proietts H811 Major project5 ProJÈtt Professional Fee$ & Other C¢sts 15,979 15.9 152.293 2.010 21,245 37.224 21.245 37214 ID.998 165,301 Total Churth Artlthles 455A83 158325 613.807 783.057 Cost of Rai5in8 Fund5 EveTrts 3.214 3,320 Total lortof Ralstng Funds s.4 $85 3,320 18
The Parochlal Church Coundl of Ashford Tovm Notestothe Financial statemèntsfOrtheperk ended 31 DetembÈt 2025 NoLe 49 FL¥KDASStrs 13x purth#sEaatotslt¢étof Ftfpaymentsto al DetÈmbeY 2024 r+etBoakValue at151January 2D15 Less Frt P3yments leIVed lrnthe NEt8LX)KVAWE 310Mber 2025 8.319 5329 2229 3.564 res Vae@ Unh5So JU224 i¥W2024 17.138 396273 Uaits Proteed51 C09t£ Shaio Prfre ValuÈ at 3yW2025 WIziz025 69inl ILossS 22.IW4 365575 115W71 CCiAltN8stnientFund.. R45tr1Ltsd 16691 15.J17 Isyi 41W8 P3.9621 11sD) CCLA Endowment Fund.. Afirde Mar CCLA Propety Fund TOTALINUE5fkiEIITS 654 I41,7] J51 Inluly2Q20.Oak5hake5werepurdwsedfromTeDt£r¢ RoDthwCwany platSE £I23901nTKIÈOknthÈ répairtto Ilthrots8kn Splre. The work14aswto be(arriedoutandtheShakes aTe srored ai the preme5 ofTenterden RoolngCaTnpary. AVe5bagreemeprDMng0wn2[ShipbhddbVthe Churthwaiden respons1 lÈfortn3ttet5 ielatffjttothejool Wllesborough Churth cornrnurJty. Fw wudence, the PCChJ5 DOtrecoenlseJ thea5setonthebalJThcE5heettrthe jtsuR and tsKrty vue.Trk pur(ha5ewos madetsomWlllesborouÉh Restrlctsj Proiectlunds. RepvmertClalmS&ftdl6As0S'. Ocioberloecemljer Paitsh GMngScheme WC nairns 5,748 2390 5,293 14,744 3,445 4,412 Tag OutstandTriiHall Rents 0ther0utstrnln8 In¥ TOTALDEBTORS 5,595 7,696 prepèyme Accrued Ipcome 5.667 150 10,693 TOTALPREPAYMEpirs 017 TOTALDEBTOR5 & MAYMENTS CCLA£ndowmeThtFwnds 379 379 caA Re51rffftdfund5 Bard3y5 52958 94.286 147 39,863 73*16 CASHATtANKAND 41 IL41XI 2025 Athfordstm Kennlnwn fjtowrt nD[th Illesr1th HowerAccfMJnt WIUethrou& Unk Lurth Ac£ount Cashln Hond.. unbanked col 531 318 447 lthllethorouthsorial EvÈftts Local Churthesoearlngaccount Wnwrth Ute?Ite 18rdte CashActouiit 1rdeSta[éffOat 240 490 59 BARCLAY5 85,746 63A22 TOTALCA&I&&414K 19
The Parochial Church Council of Ashft>rd Town Notes to the Finantial Statements for the period ended 31 Dernber 2025 Note 2025 2034 CREDITORS Aruya15 general Out5tandin8 Invoices Accrued 100 aub Priz 32,421 65,384 310 Accrued invoices 1,805 4.010 Independent Examination 2.160 4.565 2.160 A¢¢n41$ HMRC I Pension Fund HMRC 275 308 Pension Fund 147 422 144 452 Accruals Designated {Derr In¢omtl 2020. 2024Weddin8 deposits Cemetery upkeep IKenningtonl Deferred Income- Hall Hire Rents & Dewsits Deferred Income- Funerals in Jan 2025 4,902 7,075 160 1,030 2,394 761 4,(X)O OtheT deferred incorne 9.087 2.173 15,456 Bardaycard 1.980 932 A¢uua15 RèstrKtsd eferred Lunch Club Grant (Ashford St Maryl Deferred Ball Lane Grant IKenningtonl 500 500 420 420 920 920 Creditorsfrdllin¥ due in one year 49.394 89.624 Cus1121 Funds Kennlngton Fayre Postponed Africa Trtp Bell RinEers Fund (Klngsnorthl 2,2LK) 2,792 2.792 4.992 4.992 TOTALCREDITORS 8b Unrecognlsed Creditor. Parish Share Due to the ongoing effert on Trncomèstreams of the fall in attendance resulting from the Coronavirus pandemic, it has not en poL12t0 achieve full payment of the arnount requested by the Diocesan Board of FaTr(e in respect of Parish Share, Taking into account the rninimum level of cash holdTW deemed necessary, 69% w3s paid leaving £96.743 unpaid at 31st December 2025 plu5 £322,332 from the previous 5 yèars. Asthi5 15 a voluntary tontribution, the debt Is not accrued in the annual accoun Unre¢ognised Credltor- Dlocesan Board of Finan Due to historit cash attountin& two loans fron) Diocesan Board of Finance totslling £128,0(KJ We not reco8nised in the 2016 Will1}roUgh Balance Sheet. £25,0) was repaid durin8 2017 and £70,197 mitted by the Diocese in 2018. £32.803 remains outstanding at 31st tkcember 2025. 20
The Parochlal Church CouncTI of Ashford Town Notes to the Financial Statements for the perfod ended 31 Dember 2025 Not 9 MOVEMENT ON REThCTED FUNDS Trust Funds iDGI thurch Balance knrome & Expenses& 3&67 13,997 TTan5fEr Balance Pat Holley Le8acy/Fgbric Chrfstrhurch BusSI Pope- Fabric fund t(enniYWn Myrtle LecY ngsnorth MercyApps KinKsnorth Annie Marwi¢kTrust Shadoxhurst 112,257 lo127 35.395 65A 71895 37,488 1,919 35569 3,166 122 15,373 594 ,373 Joy tegaty A5hford 5t Mary 18,643 722 18.515 Bytcher Leg3W Ashford Sl Mary 16,079 gA21 510 619 15970 Jill Wright Leg A5hford Stmary 326 4363 Monurnet AshfDTd Stmary shfDrd St MBry A%hford St Mary 202 245 6.759 H E Pain- Fabrii Fund 4,739 9.420 1558 D W Knott- Organ ltholr 7,596 7,296 Totsl TrystFds 99.565 245,234 Resiricted ProjeLt Funds Imagooutreach Fund Singleton 592 1.5 1.433 659 Youth & Families Worker Slngleton 2,501 5,221 1.919 Away Day Sindeton L140 740 1,760 ChSldren & YounE People Slngleton Ashford St Mary Fabric NaveAltailthoiTstslls Ashford St Mary 866 750 573 Choir l Handbe115 FuTrd 2.404 921 3325 25.357 6548 19,615 Cameroon Prolect Ashford 5t Mary 1,773 1773 CornmuDlcatlon5 Project St Mary's P14yer5 A5hford Sr Mary 295 295 A5hford St Mary 856 Organ Fuod A5hfo¥d St Mary I7.2 13A69 410 ,961 ngsnorth Cemmunlty Fund Klngsno 240 13 Janus Fund Gtchart 76.694 &320 21476 61537 OtheT Funds GtCh3rt 2,512 201 ¥251 1.462 Fabrlc Funds IBulldlnBI St Francis 350 350" Make Lunrh project St Franc15 17,041 5.462 7,652 15,6321 9.218 (hildten'5 Mi5519 St Ftanci5 3( 5t Fran¢Fs Hub St Franc 2,21XJ 1,447 5,632 L787 Captial Project Fund5 W¢llesborGu8h 59,092 10,862 13.578 56,376 tal Project Fund5 SevinEton 25.790 5A67 3,523 27,734 19201 Conserv?tion Heating Fund KenninEttsn 1,530 2,450 Church Hall Fund Xennineton 20.(XX) Community Centre Fund Kennington pcc 20.orij 20,IiyJ Q9 Youth work 733 104 Act5435 pcc 8.960 &780 Totsl Re&*rkled Prolert Funds 231323 I,98 74,442 TOTALRESTRIMD FUNDS 20L211 174(1)7 5t0.113 21
The Parochlal Church Councll of Ashford Town Notes to the Finan¢ial Statements farthe peri¢d ended 31 December 2025 Note 10 MOVEMEpftON ENDOWMEIU FUND5 Balance blfwd Incorne & Expen5e5 & unrealise gal Tran51tr Bal•rte fwd tween Fund5 Annie Marwid¢ Deposit Alc Annie Marwick Investments TOTAL ENI)OWMÉNf FUNDS Shadoxhursr Shadoxhurst 379 15373 379 432 432 3731 873 15.432 379 11 MoVement¢)nJnds held a$Custodi•l TNstéÈ Balance bal South Affica Trfp Bell Rinser5 Fund- Kiworth Totsl Custodlél 2,2C(F 2,792 12( 2,792 ANALYSIS OF NET ASSETS BETWEEPI FUNDS Fwnd5 Re5tri(*d Eodowrnent Totsl 2025 Total 2014 Fn FUTh Fixed Assets Investments Debtors Deposits Cash & 8ank abilFties Baic13ycard Custodial Funds TOTAL NET ASSETS 2.156 2,156 365,575 36,756 147.623 87.605 147A141 11,9801 I4,2) 2.929 453.227 30,509 114,058 65.6 188.6921 19321 14,9921 57 767 36S.575 19,194 138.845 17,562 8,399 87.605 142.0661 11.9801 379 153481 14,9921 sts 74 379 13 TrUSTEE REMUNERATION AND sfAFF C0515 No Tn45tee wuspoldutt umountln excessoA£60 L Mrs L Vurley wos employedos ofvlltime PorishAdministrGtor Mrs Vorleyw(7s enrolled In the Church Loy WorkersPenslon Fundon tst November2017 The Pccrontributes ofsolury to the Pension Fund plusO.5%forLrfe Insurance Cover Employees contribute 3% of salory to thePenslon Fund Mrs Ujoseph wjs employedos ts port time hnonce assiStfrOM 14th O(tober2Q25 Flveorguntsts were puldhonororlaforregulorotteftdonce ondtwo orgonlstseach receryedpaymenttls locum Employee 8enefits None 22
The PaTqKhlal chUh Councll of A5hford Tow Notèstothe Finanoal Statements forthe period ended 31 riecember2025 14 PURPOSE FOR REsfAICfED FUNDS TfndS Pat Holley Leg8¢ylFabric Fun Chri5tchuTch Burgess / Pope- Fabricfund Kennington Myrtle Legacy Kingsnorth Mercy Apps Fund Sh3doxhurst Annie Marwick Fund Sh8dDxhurst Maintenance of thefabric of the church and ehurch halls Mainten2nce of thefabric of the Kennington church ha115 Maintenance of thefabric of thechurch Fabric and Churchyard maintenan Fabric and Churchyard mainten?n Joy Legacv Ashford St Mary Capttal & Interest for church upkeep but eam)arked for restoration cf tornb5 Butcher Legacy A5hford St Mary Maintenance of the fabrrt of the churth Jill Wright Legacy Ashford St Mary 50% of interest forthe Sundayschool and 50% re-invested Monum&nts Ashtord St Mary Maintenance ofthe Smyth Tombs H E Pain- Fabrit Fund Ashford St Mary Maintenance of the fabric of the church D W Knott- Or8an I Cholr Ashlord St Mary Upkeep of organ £50&Asst or8anist £50 balance to choirfund Reskricted Project Funds Imago OLrtreach Fund Singleton CC Fl Grant fundin8 forcommuntty outreach nsleton CC Fundingfor Intem employed by Uprisinr. seconded parttlme to Partsh Sin8leton CC Advance subsciiptions for Away Day in 2026 Sin8lgton CC Donations restricted for purchase of resourcesetcfor children'swork hfoTd St Mary Purchase of cholrand music related costs Ashford 5t Mary m31rntenan of thefabric of the church A5hford St Mary Funds are raised in support of humanitarfjan prolects Ashford St Mary Based on a specific donation forthe irnprovement of cornmuntcation Ashford St Mary A dDnation ha5 been received lo fund futur2 drama productions Ashford St Mary Major refuTbi5hmeTrt of the church organ Kingsnorth A Fund tts offer grarrt5 tD people in the King5north area who are struggling to pay their energy bills Major projett to repairand Improvethe thur(h building Bnd acce5S. Minor restrictEd reserves relatingto Choir Fund and Bell fund FundinE for the refurb¢shrnent of the Hall kitchen & otherfabric matters Provisitsn of mealsforfamilies which qualtfy fDifree school meals Lttle Soueakers- Parent &Toddler Group- currently suspended Funds for maintenance of the Share¢ Spaces with Uprising Funds belng raised for major repa1 to the fabrlc otthe buildlng Major reftfrbishment of the church knjilding (includes Lady Sharp Trust) Donations and gnt funding lor b8ck8round heatKn8 in th@ church TOCH grantto be used solely for the upkeep of Kennington Chruch Hall. TOCH 8Tantto be used 501ely for the upkeep of St Mary'5 Community Centre Donationsto supportyouth work across the parish Donationsto support specifTC needs identtfied the Acts 435 network Youth & Families Worker Away Day Children & Young People Choir/ Handb2115 Fund FabriclFriends/Kneelers Cameroon ProiÈEt Communicatitsn5 Fund St Mary's Player5 Organ fund Community Fund Janus Fund Other Funds Fabric Funds St Francis Make Lunch Funds St Francis Childran's Mission St Franos St Francis Hub St Francis Capltal project Willesborough Capitsl Project Sevington ConseNation Heatin8 Fund Kennin8ton Church Plall Fund Kennington SMCCFUND Kennin8ton Youth Wo pcc pcc Gt Chart Gt Chart Act$ 435 Endowment Funds Annie M8Twick Fund 5hadtrAhurst Fabric and Churchyard rnairrtenance Funds held as Custothal Trusiee SouEh Africa Trip Bell Ringers Fund Funds raised for a youth projert- atr*)rted due to Coronavirus. Small balance Funds transferred to PCC bank account on resignation otTower Captain.
The Parochial Church Council of Ashford Town Church Workers Pension Fund (CWPF) FRS102 Disclosure- 31st December 2025 ASHFORD TOWN PCC participatés in the Pènsion Builder Scheme section of CWPF for lay staff. CWPF is administered by the Church of England Pensions Board, which holds the CWPF assets sepafatelyfrom those of the Employer and other participating employer5. CWPF trtas two sections.. the Defined Benefits Scheme the Pension Builder Scheme. which h35 two subsection5- a deferd annutty section known as Pension Builder Classic, and, a cash balar selon known as Pension Builder 2014. Pension Builder scheme Both sections of the Penslon Builder Scheme are classed as defined benefrt schemes. Pension Builderclassic provides a perLsion, accumulated from contributions paid and converted into a deferred annuity during employment based on tèrms let and reviewed by the Church of England PeDsion5 Board from time to time. Discretionary increases may also be adde0, depending on investment returns èrtd othèr factors. Pen5ionBuilder2014 is a cash balance scheme that provides a lump sum which mèrnbers use to provide benefits at ietirement. Pension contributions are recorded in an account for each member. Discretionary bonuses may be 3dded before retirement. depending on investrnent relums and other factors. The account, plus any bonuses declared is payable, unreduced. from age 65. There is no sub4ivision of assets bètween employers in each section of the Perssion Builder Scheme. The scheme is considered to be a multi-employerscheme a5 described in Section 28 of FRS 102. This is bècatjse it is not posslble to attribute the Pension Builde¥ Scheme's assels and liabilities to specific employers and mean5. that contributions are accounted for as if the Scheme were a defined contributSon scheme. The pen5itsns costs charged to the SOFA in the year are the contributions payable12025: £IZ93. 2024: £2.0261. A valuation of the Pension Builder Scheme is Caled out ontr everythree years. The most rnt valuatlon was carried out as at 31 December 2022. For the Pension Builder Classic section, thè 2019 valuation revealed a SURPLUS of £34.8m on the ongcinB assumptions used. Atthe most recent annual review effective l January 2026, the Board those to grant 3 discretionary bonus of IO% to both pensions not yet in payment and pens10t in payment in respèrt of seNice prioT to April 1997,. and a bonus on pensions in payment in respect of post April 2006 service so that the pension increase was also IO% (where usually it would be calculatod basèd on inflation up to 5% for pan5i0n5 in payment in respct of 5Èrvice prior to April 2006 and 2.5% for pension5 sn paymment in respect of service post April 20061. Thi5 followed improvements in the funding position ovèr 2025. There is no requirernerht for deficttr payments at the current time. For the Pension Builder 2014 sectlon. the 2019 valuation revealed è surplus of £5.5m on the ongoing assumptions used. There is no Tequirement for deficit payments at the current tlme. The next valuation is due as at 31 December 2025. Calculations for this are currently under way. The legal structure of the schèmè is such that if anotheremployer fails, ASHFORDTOWN PCC could become responsible for paying a sha of the failed employerfs pension liabilities. 24
Indepertdent Examinerfs Reportto the Trustees of Ashford Town Paro¢hlal chUh Councll I report on the accounts for the year ended 315t December 2025, which are set out on page5 13 to 23. Respectlve respon5ibilitle5 of the PCC and the examlner The Charity's trustees consider that an audit is not required for this year under Sertion 144121 of the Charities Act 2011 (the 2011 Act) and that an Independent Examination is needed. It 15 my responsibility to examine the accounts under Section 145 of the 2011 Act follow the procedures laid down in the General Directions given by the Charity Commlssioners in Seciion 14515llbl of the Act; and state whether particular matters have come to my attention Basls of Independent Examlnerfs Statement My examination wa5 carried out In accordance wlth the General Directions glven by the Charlty Commlssion. An examination includes a review of the accounting records kept by the charity and a comparlson of the accounts presented with those records. It also include5 consideration of any unusual items or disclosure5 in the accounts, and seekin8 explanations from the management committee oncernlng any such matters. The procedures undertaken do not provide all the evldence that would be required in a full audit and consequently I do not express èn audlt oplnlon on the accounts. Independent EmIner'S Statement In connettlon wlth my examination. no matters have come to myattentlon: which give me reasonable cause to believe that in any material respect the requiremÈnts to keep accounting records in accord3nte with S130 of the 2011 Art= and to prepare accounts which accord with these accounting records have not been met: or To whlch, in my opinion. attention should be drawTr in order to reach a proper understanding of the aount5 to be reached. Stuart whorlow FCA Ca55idys Chartered Accountants, Dète * 2026 12