## **BRISTOL CCRC TRUST**
Annual report and accounts for the year ended 31 December 2025
Company registration no. 11115823 Charity no. 1178905
1
## **Administrative Details**
Bristol CCRC Trust is a charitable company limited by guarantee, incorporated on 18 December 2017 and registered as a charity on 22 June 2018.
Charity name: Bristol CCRC Trust Charity no: 1178905 Company no: 11115823 Board of Trustees: Mrs Jenny Emma Davies (appointed 31st March 2025) Mr Chris Egitto Rev Toby Flint Mrs Helen Gordon Mr Oliver Home (resigned 12th September 2025) Mr Cameron Laleye Mrs Alex Parry Mr Tom Skidmore (resigned 31st March 2025) Mr Andy Spens (Chair) Ms Claire Starling Mr Zak Verry (resigned 1st January 2025) Company Secretary: Mrs Amy Walker Registered office: St Nicholas Church St Nicholas Street Bristol BS1 1UE Examiner: Derek Rodwell Impact the Future Ltd 117 Chestergate Macclesfield Cheshire SK11 6DP Principal bank: CAF Bank 25 Kings Hill Avenue Kings Hill West Malling ME19 4JQ
**Page 2**
Bristol CCRC Trust, St Nicholas Church, St Nicholas Street, Bristol, BS1 1UE Company no. 11115823. Charity no. 1178905
## **BRISTOL CCRC TRUST**
## **Trustee’s annual report for the year ending 31 December 2025**
The Board of Trustees present their report and accounts for Bristol CCRC Trust for the period ending 31 December 2025.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing documents**
Bristol CCRC Trust was established under a Memorandum of Association that established its objects and powers and is governed under its Articles of Association. Members of the charitable company guarantee to contribute an amount not exceeding £10 to the assets of the charitable company in the event of winding up.
## **Structure**
The Board of Trustees is responsible for the governance and management of Bristol CCRC Trust which includes St Nicholas Bristol (launched in September 2018).
The leadership of the churches’ activities, development of its spiritual life and its daily management has been delegated to a Core Leadership Team of each church who are supported in that role by the Senior Leaders (Rev Toby Flint for St Nicholas Bristol), clergy and staff. The Board of Trustees retains final decisions over policies, employment of staff and finance, and takes responsibility for all matters of legal and regulatory compliance and safeguarding.
Trustees give their time voluntarily and receive no financial benefit from the charity. Trustees are appointed by ordinary resolution by members, existing trustees or by the Bishop of Bristol in her corporate capacity.
## **Decision Making**
All financial and strategic decisions over £10,000 are taken by the majority of the Board of Trustees. Any financial and strategic decisions over £5,000 are taken by the senior leadership and treasurer. The organisational implementation of the strategy is carried out by senior leadership, clergy and staff.
## **Training**
All staff, volunteers and trustees undergo a recruitment and selection process, followed by an induction period that includes any training considered necessary to effectively perform their role. The senior leader of the church is a member of clergy, whose pay is set via stipend, the level of which is set by the Diocese.
## **Volunteers**
The church benefits from the dedicated work of a great number of volunteers totalling around 200. These volunteers are involved in all areas of the church’s day to day activities and play a large role in assisting the charity in meeting the aims and objectives. In accordance with FRS 102 and the Charities SORP (FRS 102), the economic contribution of general volunteers is not recognised in the accounts.
## **Risk Management**
Internal financial risks are managed by the implementation of financial procedures for the collection, banking and recording of all donations and the authorisation and recording of all expenditure. The company has a safeguarding officer and a safeguarding policy that is reviewed annually. The company
**Page 3**
Bristol CCRC Trust, St Nicholas Church, St Nicholas Street, Bristol, BS1 1UE Company no. 11115823. Charity no. 1178905
also has a data protection policy and a health and safety policy. Regular risk assessments and strategic planning help ensure the church remains a resilient and thriving place of worship and service.
## **OBJECTIVES AND ACTIVITIES**
The Board of Trustees is committed to the vision statement of the charity: to play our part in the evangelisation of the nation, the revitalisation of the church and the transformation of society. In accordance with the vision statement, St Nicholas Bristol aim to meet their objectives through the provision of public services towards social action and mission (including resourcing and planting churches), supporting communities and families and investing in worship, services and teaching. Given the diversity of the churches’ activities, performance is measured on a case by case basis.
Our objectives are set out in our governing document, the Memorandum and Articles of Association, which was agreed by the Board of Trustees on 18 December 2017.
## **Our objectives**
The churches’ objects are restricted specifically, only for the public benefit to the advancement of the Christian religion principally:
- through the provision of an Anglican place of worship in Bristol, and
- by contributing towards the establishment, renewal and revitalisation of churches within the Anglican communion.
## **Public Benefit**
In accordance with our duties as stated in section 17(5) of the Charities Act, we have considered the guidance provided by the Charity Commission in regard to public benefit. This public benefit has been demonstrated by the activities undertaken since inception of the charity outlined in this document.
## **ACHIEVEMENTS AND PERFORMANCE**
In 2025, St Nicholas continued to establish itself as a resourcing church for the City.
## Worship and services
- The worshipping community of the church has continued to grow with positive attendance at both the morning and evening services. On Sundays the church has seen average weekly attendance of 350 with 30% under 18.
- A renewed focus on prayer led to the establishment of a permanent 24/7 prayer room and biannual prayer weeks and continues to play a role in shaping the ministries and activities of the church.
- City-wide worship events such as ‘Gather Bristol’ (~500) and ‘Beer & Carols’ (~2500) gathered thousands of people with St Nicholas Bristol hosting those key events with support from churches across the diocese and denominations.
## Family and community
- There has been an increase in the attendance at Little Nicks, the weekly toddler group with the range of people attending spanning diverse faith and socio-economic backgrounds.
- The Easter Extravaganza holiday club was attended by 74 children, 80% of whom were from families outside of the church.
- The social media accounts are followed by around 3200 people, with content reaching over 100,000 people over the course of the year.
**Page 4**
Bristol CCRC Trust, St Nicholas Church, St Nicholas Street, Bristol, BS1 1UE Company no. 11115823. Charity no. 1178905
## Social Action and Mission
- Over the year St Nicholas shifted its social action strategy from supporting external organisations to direct engagement with those in need, fostering closer relationships through initiatives like the Banquet and mentoring partnerships.
- The church continued to provide tons of food through Food Hub, and also gave out over 1000 bags of hope for Love Christmas.
- While continuing to run evening Alpha, St Nicholas explored new evangelistic strategies including city wide invitational events. They saw an average of 50+ guests at our Alpha courses.
## Site Development
- Following a quinquennial conducted at the end of 2023 the church appointed architects to draw up plans for the next phase of restoration and redevelopment. In 2025 RIBA stage 2 came to its conclusion, with a pre-application report being submitted to Bristol City Council.
## **FUTURE PLANS**
The Trustees approved a new strategy for St Nicholas in September 2023, which continues to guide the activity of the organisation. Within this strategy the church will continue to focus on prioritising the social action response to the needs of the city; developing Christian maturity and increasing levels of commitment in the congregation through greater investment in our discipleship programme and teaching; investment in equipping and empowering the younger generations; and, further development and reorganisation of the church building. Underpinning all of this is a desire to dig deeper in cultivating a culture of prayer. St Nicholas also remains committed to church planting, most urgently into an area of deprivation in Bristol. The leadership of the church is in ongoing discussions with Bristol Diocese about the strategic direction for church planting in the diocese, which will influence the church planting activities of St Nicholas.
## **PRINCIPAL RISKS AND UNCERTAINTIES**
The charity conducts bi-annual reviews of its principal risks to which it is exposed, with systems established or revised to mitigate those risks. The charity's principal risks include fluctuations in donations, changing church attendance patterns, increasing operational costs. To mitigate these risks, we maintain prudent financial management, encourage diverse income streams and foster strong community engagement. Internal financial risks are managed by the implementation of financial procedures for the collection and recording of all donations and the authorisation and recording of all expenditure.
## **FINANCIAL REVIEW**
In the year to the end of December 2025, the charity had total income of 653k (£553k in 2024) against expenditure of £639k (£650k in 2024). Unrestricted funds received totalled £578k (£481k in 2024) with a balance of £282k of unrestricted funds carried forward into 2026. There was a small deficit on unrestricted funds in the period of £4k (£33k deficit in 2024). Restricted funds received totalled £74k (£72k in 2024) with a balance of £25k on restricted funds carried forward into 2026.
**Page 5**
Bristol CCRC Trust, St Nicholas Church, St Nicholas Street, Bristol, BS1 1UE Company no. 11115823. Charity no. 1178905
In terms of voluntary giving from the congregation the total received in 2025 came to £488k compared to £486k in 2024.
The details behind these figures can be seen in the following financial statements.
## **RESERVES POLICY**
It is the aim of the trustees that the free reserves (unrestricted and not represented by fixed assets) held by the charity should cover 3-6 months of unrestricted expenditure. This gives a target of £145k£290k. Within this level the trustees feel that they would be able to continue the current activities of the charity in the event of a significant drop in funding. Should this happen, it would also be necessary to consider how the funding would be replaced or activities changed. The church currently has free reserves of £279k which is just under 6 months of unrestricted expenditure. The trustees keep reserves under constant review.
## **SAFEGUARDING**
The Board of Trustees have adopted the Diocese of Bristol’s safeguarding policy relating to children, young people and vulnerable people. The safeguarding officer is Mrs Alex Parry. The Safeguarding Officer and all those supporting her in this role have completed the necessary diocese training courses in safeguarding young people and vulnerable adults.
The trustees are committed to the principles of best practice in relation to safeguarding and comply with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 in respect of having due regard to House of Bishops’ guidance on safeguarding children and vulnerable adults. The guidance can be read in full on the Church of England official website.
## **THE BOARD OF TRUSTEES RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS**
Charity law requires the trustees to prepare a statement of financial activities and statement of assets and liabilities for each financial year, which gives a true and fair view of the state of affairs of the church and of its financial activities for that year and adequately distinguishes any material special trust or other restricted fund of the church. In preparing those financial statements the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- state whether the policies adopted are in accordance with the appropriate SORP on Accounting by Charities and the Accounting Regulations and with applicable accounting standards, subject to any material departures disclosed and explained in the financial statements;
- prepare the accounts on the going concern basis unless it is inappropriate to presume that the church will continue to operate.
The trustees are responsible for keeping proper accounting records which disclose, with reasonable accuracy at any time, the financial position of the church, and to enable them to ensure that the financial statements comply with applicable Accounting Standards and Statements of Recommended Practice and the regulations made under the Charities Act 2011. They are also responsible for safeguarding the assets of the church and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
**Page 6**
Bristol CCRC Trust, St Nicholas Church, St Nicholas Street, Bristol, BS1 1UE Company no. 11115823. Charity no. 1178905
On behalf of the Board of Trustees,
Andy Spens Chair of Trustees Date: 27/04/2026
**Page 7**
Bristol CCRC Trust, St Nicholas Church, St Nicholas Street, Bristol, BS1 1UE Company no. 11115823. Charity no. 1178905
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF Bristol CCRC Trust Ltd (St Nicholas Bristol and Concord Church) ('the Company')**
## **Independent examiner’s report to the Trustees of Bristol CCRC Trust Ltd.**
I report on the financial statements of the charitable company for the year ended 31 December 2025, which comprise the statement of financial activities, balance sheet, related notes and are set out on pages 9 to 18.
## **Respective responsibilities of trustees and examiner**
The charity’s trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the financial statements. The trustees consider that an audit is not required for this year under section 145 of the Charities Act 2011 (the 2011 Act). The charity is required by company law to prepare accrual based accounts.
Having satisfied myself that the charity is not subject to audit under part 16 of the 2006 Companies Act and is eligible for independent examination, it is my responsibility to:
- examine the financial statements under section 145 of the 2011 Act;
- to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- to state whether particular matters have come to my attention.
This report, including my statement, has been prepared for and only for the charity’s trustees as a body. My work has been undertaken so that I might state to the charity’s trustees those matters that I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to any other than the charity and the charity’s trustees as a body for my examination work, for this report or for the statements that I have made.
## **Basis of independent examiner’s report**
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
## **Independent examiner’s statement**
I have completed by examination. I confirm that no matter has come to my attention:
- which gives me reasonable cause to believe that in any material respect the requirements
- to keep accounting records in accordance with section 386 of the Companies Act 2006 and section 130 of the 2011 Act ; and
- to prepare accounts which accord with the accounting records, comply with the accounting requirements of the Companies Act 2006 and Regulation 8 of the Accounts Regulations and the 2011 Act
- have not been met; or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## Date: 28[th] April 2026
Derek Rodwell FCCA, Impact The Future Ltd, 117 Chestergate, Macclesfield, Cheshire. SK11 6DP
Page 8
## **BRISTOL CCRC TRUST LTD (ST NICHOLAS BRISTOL) STATEMENT OF FINANCIAL ACTIVITIES FOR THE 12 MONTHS ENDED 31ST DECEMBER 2025**
|**Note**
**INCOME FROM:**
**Voluntary income**
2
**Income from charitable activities**
Courses, events, occasional services etc
3
Bank Interest
**TOTAL INCOME**
**EXPENDITURE ON:**
**Charitable activities**
Mission & Social Action
Site development
Community & Family
Worship & services
**TOTAL EXPENDITURE**
4
**NET INCOMING / (OUTGOING) RESOURCES**
**TRANSFERS**
**NET MOVEMENT IN FUNDS**
**TOTAL BROUGHT FORWARD**
**TOTAL FUNDS AT 31 DECEMBER**|**Unrestricted Restricted**
**Total**
**Unrestricted Restricted**
**Total**
**funds**
**funds**
**funds**
**funds**
**funds**
**funds**
**2025**
**2025**
**2025**
**2024**
**2024**
**2024**
**£**
**£**
**£**
**£**
**£**
**£**
**525,691**
**74,548**
**600,239**
463,872
71,797
535,669
**50,347**
**0**
**50,347**
14,674
0
14,674
**2,170**
**0**
**2,170**
2,831
47
2,878|
|---|---|
||**578,208**
**74,548**
**652,756**
481,378
71,843
553,221|
||**225,312**
**25,206**
**250,518**
112,237
115,594
227,830
**83,193**
**259**
**83,452**
51,169
1,078
52,247
**95,569**
**31,353**
**126,922**
186,790
9,040
195,829
**177,718**
**783**
**178,501**
164,130
10,256
174,385|
||**581,792**
**57,601**
**639,393**
514,325
135,967
650,291|
||**(3,584)**
**16,947**
**13,363**
(32,946)
(64,124)
(97,070)
**0**
**0**
**0**
0
0
0|
||**(3,584)**
**16,947**
**13,363**
(32,946)
(64,124)
(97,070)|
||**285,527**
**7,922**
**293,449**
318,473
72,047
390,520|
||**281,943**
**24,869**
**306,812**
285,527
7,922
293,449|
Page 9
## **BRISTOL CCRC TRUST LTD (ST NICHOLAS BRISTOL)**
## **BALANCE SHEET AS AT 31 DECEMBER 2025**
|**Note**
**FIXED ASSETS**
Tangible assets
6
**CURRENT ASSETS**
Sundry Debtors
7
Cash at bank
**CREDITORS: amounts falling due within 12 months**
8
**NET CURRENT ASSETS**
**NET ASSETS**
**STATEMENT OF FUNDS**
9,10
Restricted funds
Unrestricted funds
**TOTAL FUNDS**|**£**
**£**
**£**
**£**
3,300
3,300
7,998
7,998
42,998
45,785
302,928
345,926
308,510
354,295
(42,414)
(42,414)
(68,846)
(68,846)
303,512
285,449
306,812
293,448
24,869
7,922
281,943
285,527
306,812
293,449
**31ST DECEMBER 2025**
**31ST DECEMBER 2024**|**£**
**£**
**£**
**£**
3,300
3,300
7,998
7,998
42,998
45,785
302,928
345,926
308,510
354,295
(42,414)
(42,414)
(68,846)
(68,846)
303,512
285,449
306,812
293,448
24,869
7,922
281,943
285,527
306,812
293,449
**31ST DECEMBER 2025**
**31ST DECEMBER 2024**|
|---|---|---|
||||
|||285,449|
|||293,448|
|||7,922
285,527|
|||293,449|
The notes on pages 12 to 18 form part of these financial statements.
_For the period ended 31 December 2025, the company was entitled to the exemption from audit under Section 477 of the Companies Act 2006 relating to small companies._
_Responsibilities of directors/trustees:_
_a. The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with Section 476 of the Companies Act - however, in accordance with Section 145 of the Charities Act 2011 the accounts have been examined by an independent examiner whose report forms part of this document._
_b. The directors/trustees acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts._
_These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime._
Approved by the board of directors and signed on behalf of the board,
## Signed
Name Mr Andy Spens- chair of the Trustees
Dated 27/4/26
Company registration number: 11115823
Page 10
## **BRISTOL CCRC TRUST LTD (ST NICHOLAS BRISTOL) Cash flow statement**
## **For the year to 31st December 2025**
|**Net income for the reporting period (as per statement of financial activities)**
**Adjustments for:**
Depreciation charges
Disposal of assets
Decrease in value of debtors
Increase in value of creditors
Net cash from operating activities
**Cash flows from investing activities**
Purchase of fixed assets
**Increase in cash in year**
**Reconciliation of net debt**
Cash and cash equivilents-
Current accounts
Deposit accounts
Borrowings
Short term loans due within one year
Total|**2025**
£
4,698
2,787
(26,431)|**2025**
£
13,363
(18,947)
0|**2024**
£
6,067
3,414
(2,432)
46,586|**2024**
£
(97,070)
53,634
(2,330)|
|---|---|---|---|---|
||||||
|||||(45,766)|
|||308,511
(5,583)
302,928
0
0
0|||
|||**308,511**
**(5,583)**
**302,928**|||
Page 11
## **BRISTOL CCRC TRUST LTD (ST NICHOLAS BRISTOL) Notes to the accounts**
**For the period ended 31st December 2025**
## **1 ACCOUNTING POLICIES**
## **Basis of preparation**
The financial statements have been prepared in accordance with the Companies Act 2006 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
Bristol CCRC Trust Ltd meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
The trustees consider that the Bristol CCRC Trust Ltd is a going concern and have accordingly prepared the accounts under the historical basis of accounting.
The trustees are confident that with the continued support of the congregation, and appropriate management of expenditure, the church is a going concern and will continue to be financially viable in the foreseeable future. Budgets and cash flow forecasts are in place for 2026 and levels of free reserves at the start of 2026 are around 5 months of unrestricted expenditure
## **Funds**
General funds represent the funds of the charity that are not subject to any restrictions regarding their use and are available for application on the general purposes of the church. Restricted funds are those donated for specific purposes.
## **Income**
## _Voluntary income and capital sources_
Donations and other income are recognised when received and an estimate of income tax recoverable is recognised when the related donations are recognised.
Grants and legacies to the Trust are accounted for as soon as the church is notified of its legal entitlement, the amount due is quantifiable and its ultimate receipt by the church is probable.
## **Fixed assets**
Additions and improvements to the newly acquired church premises are written off as incurred.
Only items costing £1,000 or above are capitalised. Fixed assets are depreciated on a straight line basis as follows:
Improvements to the buildings: 10 years Fixtures and fittings including electricals: 5 years Plant & machinery including sound and audio: 5 years Computer equipment: 3 years
## **Current assets**
Amounts owing to the church at 31 December in respect of fees, rents or other income such as gift aid are shown as debtors less provision for amounts that may prove uncollectable.
Page 12
## **BRISTOL CCRC TRUST LTD (ST NICHOLAS BRISTOL)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED DECEMBER 31ST 2025**
|INCOME FROM:
**2 Voluntary Giving**
Planned giving
Grants
Other donations
Offerings
Gift aid tax
**3 Charitable activities**
Service fees
Students, kids and youth
Bridge The Gap
Events & courses
Alpha income
Venue hire
Sunday Café Donations|**Unrestricted**
**Restricted**
**Total**
**Unrestricted Restricted**
**Total**
**funds**
**funds**
**funds**
**funds**
**funds**
**funds**
**2025**
**2025**
**2025**
**2024**
**2024**
**2024**
**£**
**£**
**£**
**£**
**£**
**£**
310,651
0
310,651
308,064
15,951
324,016
42,991
69,233
112,224
0
49,788
49,788
78,325
2,048
80,372
78,334
3,368
81,702
857
556
1,413
172
0
172
92,868
2,711
95,579
77,302
2,689
79,991|
|---|---|
||525,691
74,548
600,239
463,872
71,797
535,669|
||5,174
0
5,174
3,125
0
3,125
4,248
0
4,248
3,757
0
3,757
2,298
0
2,298
0
0
0
3,995
0
3,995
4,727
0
4,727
1,301
0
1,301
1,725
0
1,725
32,656
0
32,656
1,341
0
1,341
675
0
675
0
0
0|
||50,347
0
50,347
14,674
0
14,674|
## **4a ALLOCATION OF EXPENDITURE FOR 2025**
|Mission & Social Action
Site development
Community & Family
Worship & services
Allocation of staff costs including training,expenses, etc
Allocation of central admin costs
Totals|%'s allocation
39.53%
10.52%
19.05%
30.89%
100.00%|Direct
costs
Staff costs
Central
costs
Total costs
2025
2025
2025
2025
£
£
£
£
49,111
93,293
108,113
250,518
24,703
29,975
28,774
83,452
29,200
45,624
52,099
126,922
19,997
74,016
84,487
178,501|
|---|---|---|
|||123,011
242,909
273,473
639,394
242,909
(242,909)
0
273,473
(273,473)
0|
|||639,393
0
0
639,394|
Central admin costs have been allocated in propoption to the staff and clergy time spent on each activity
## **4b ALLOCATION OF EXPENDITURE FOR 2024**
|**ALLOCATION OF EXPENDITURE FOR 2024**|||
|---|---|---|
|Mission & Social Action
Site development
Community & Family
Worship & services
Allocation of staff costs including training,expenses, etc
Allocation of central admin costs
Totals|%'s allocation
20.73%
9.03%
35.46%
34.78%
100.00%|Direct
costs
Staff costs
Central
costs
Total costs
2024
2024
2024
2024
£
£
£
£
132,617
44,889
50,324
227,830
10,760
19,559
21,928
52,247
32,999
76,768
86,063
195,829
14,682
75,293
84,410
174,385|
|||191,058
216,510
242,725
650,292
216,510
(216,510)
(0)
242,725
(242,725)
0|
|||650,291
0
0
650,292|
Page 13
|**4c**
**CHARITABLE ACTIVITIES- EXPENDITURE ANALYSIS**
**Mission & Social Action**
Alpha course
Invitational events
Mission giving
Social Action
City Centre Youth Chaplaincy
**Site development**
Main site
Baldwin
**Community**
Community groups, events and family
Kids
Leadership development
Students & Young Adults
Toddlers
Youth
**Worship & Services**
Services
Special services
Worship & Production
**Total Direct costs**
**Analysis of overheads and support costs allocated**
Baldwin rent and running costs
St Nicholas maintenance and running costs
Concord Rent
Governance
Media and communications
Office and admin
Venue hire costs including staffing
Parish Share
**Staff costs**
Payroll costs
Clergy costs
Staff training, recruitment, expenses etc|**Unrestricted**
**Restricted**
**Total**
**Unrestricted Restricted**
**Total**
**funds**
**funds**
**funds**
**funds**
**funds**
**funds**
**2025**
**2025**
**2025**
**2024**
**2024**
**2024**
**£**
**£**
**£**
**£**
**£**
**£**
4,396
0
4,396
5,478
249
5,727
1,394
0
1,394
647
0
647
8,310
5,706
14,016
1,881
98,582
100,463
9,229
18,110
27,339
18,524
7,256
25,780
1,548
418
1,967
0
0
0|
|---|---|
||24,877
24,234
49,111
26,529
106,088
132,617|
||23,366
0
23,366
8,956
0
8,956
1,337
0
1,337
1,805
0
1,805|
||24,703
0
24,703
10,760
0
10,760|
||16,108
0
16,108
16,687
642
17,329
2,730
54
2,784
2,805
16
2,821
1,125
0
1,125
4,366
0
4,366
6,349
0
6,349
5,424
1,033
6,457
281
0
281
602
86
688
2,387
165
2,552
1,336
2
1,338|
||28,982
218
29,200
31,220
1,778
32,999|
||5,615
8
5,623
4,552
433
4,984
5,994
0
5,994
2,773
83
2,856
8,364
16
8,380
6,563
278
6,841|
||19,973
24
19,997
13,888
794
14,682|
|||
||98,534
24,477
123,011
82,398
108,660
191,058|
||40,290
2,000
42,290
32,368
0
32,368
65,825
423
66,248
48,599
784
49,383
0
0
0
0
10,000
10,000
1,844
0
1,844
1,988
0
1,988
11,902
0
11,902
8,778
95
8,872
19,307
35
19,342
19,058
1,055
20,113
11,848
0
11,848
0
0
0
120,000
0
120,000
120,000
0
120,000|
||271,015
2,458
273,473
230,791
11,934
242,725|
||200,670
30,666
231,336
191,763
14,571
206,334
4,360
0
4,360
3,891
233
4,124
7,214
0
7,214
5,483
569
6,052|
||212,243
30,666
242,909
201,136
15,374
216,510|
A fee of £900 was accrued in the period for the independent examination and £850 for the preparation of the accounts.
Page 14
|**Analysis of mission giving**
Begin Well
Direct Deliveries of food to charities & churches
Food donations- kids camp
George Muller Foundation- Bristol City Churches Fund
Hardship Fund
inHope
International Justice Mission
Love Running Donation
Matt Lewis (Brazil)
Other giving
Sticky Fingers
Tranfer of balance on Concord funds
Woodlands Group of Churches- student mission|**Unrestricted**
**Restricted**
**Total**
**Unrestricted Restricted**
**Total**
**funds**
**funds**
**funds**
**funds**
**funds**
**funds**
**2025**
**2025**
**2025**
**2024**
**2024**
**2024**
**£**
**£**
**£**
**£**
**£**
**£**
0
51
51
0
505
505
95
1,151
1,246
1,415
0
1,415
303
0
303
0
0
0
0
0
0
200
0
200
0
2,318
2,318
0
0
0
0
51
51
0
505
505
0
52
52
0
504
504
0
0
0
95
0
95
500
0
500
0
0
0
52
0
52
0
0
0
0
556
556
0
0
0
7,359
0
7,359
0
98,382
98,382
0
0
0
1,000
0
1,000|
|---|---|
||8,310
4,179
12,489
2,710
99,896
102,606|
## **5 SALARIES**
Analysis of payroll:
|Analysis of payroll:|||
|---|---|---|
|Gross pay
Employers NI (net of employment allowance)
Employers Pension|2025
£
214,342
11,609
5,385
231,336|2024
£
188,913
11,474
5,947|
|||206,334|
In the 12 months ending 31st December 2025 there was an average of 11.7 (2024 11.7) people on staff representing an FTE of 7.7 (2024 8.1)
The key management role was filled by the Revd Toby Flint who received his salary from the diocese and received no emoluments or benefits in kind from the Bristol CCRC Trust. Expenses incurred on behalf of the church were refunded against receipts. No member of staff received renumeration of above £60,000
There are also a large team of unpaid volunteers numbering in the region of 200 who contributed immensely to the work of the church in 2025.
|**6 **|**TANGIBLE FIXED ASSETS**
Assets at cost
Opening balance 1/1/25
Purchases
Disposals
Closing balance 31/12/25
Depreciation
Opening balance 1/1/25
Charge for the period
Disposals
Closing balance on accumulated depreciation 31/12/25
Closing balance on fixed assets 31/12/24
Closing balance on fixed assets 31/12/25|Computer Plant &
Furniture &
Total
Equipment machinery
fittings
£
6,914
30,666
30,390
67,970
0
0
0
0
0
0
0
0|
|---|---|---|
|||6,914
30,666
30,390
67,970
5,297
25,551
29,124
59,972
833
2,870
996
4,698
0
0
0
0|
|||6,130
28,421
30,120
64,670|
|||1,617
5,115
1,266
7,998|
||||
|||784
2,245
270
3,300|
Page 15
## **7 DEBTORS**
|Gift aid accrued
Sundry other debtors
Accounts receivable
Concord Account
Prepayments
**CREDITORS**
**Amounts falling due within one year**
Accounts payable
Accruals and deferred income
Amount owed on Concord intercompany account
**STATEMENT OF MOVEMENTS IN FUNDS 2025**
**Unrestricted Funds**
**Restricted funds**
**Fixed assets paid for by restricted funds**
All Churches Trust grant for Youth work
**Funds**
CCYC Bristol Grant for Youth Chaplain
Social Action Fund
CRT Grants (LYN)
Love Christmas- CRT and St Nicks
Benefact Trust
Mullers Grant CCYC
Christmas Service appeals
Restricted Collections (Sticky Fingers)
Hardship Fund
**Total restricted funds**
**Total Funds**|2025
2024
£
£
13,861
26,872
9,628
2,310
1,660
100
0
0
17,849
16,503
42,998
45,785
2025
2024
£
£
3,594
278
38,820
12,306
0
56,262
42,414
68,846
Opening
Incoming
Resources
Transfers
closing
Balance
resources
expended
balance
2025
2025
2025
2025
2025
£
£
£
£
£
285,527
578,208
(581,791)
0
281,943|2024
£
26,872
2,310
100
0
16,503|
|---|---|---|
|||45,785|
|||2024
£
278
12,306
56,262|
|||68,846|
||423
0
(423)
0
0||
||423
0
(423)
0
0
7,500
37,500
(23,577)
0
21,423
0
4,128
(4,128)
0
(0)
0
15,500
(15,500)
0
(0)
0
7,000
(7,000)
0
(0)
0
2,000
(2,000)
0
0
0
1,800
(418)
0
1,382
0
1,582
(154)
0
1,428
0
556
(556)
0
0
0
4,482
(3,844)
0
638||
||7,500
74,548
(57,180)
0
24,869||
||7,922
74,548
(57,603)
0
24,869||
||293,449
652,755
(639,394)
0
306,812||
## **8 CREDITORS**
## **9A STATEMENT OF MOVEMENTS IN FUNDS 2025**
## **Notes on restricted funds**
CCYC Bristol Grant for Youth Chaplain - Paid by Bristol Diocese to support 1 x FTE City Centre Youth Chaplain role. - made up of individual gifts given towards the church's response to social needs in the city. (Previously referred to as Social Action Fund- donations given toards social action projects
CRT Grants (LYN)
- Matched funding from Revitalise Trust for key social action projects such as Food Hub (fund now called Love Cities) Love Christmas- CRT and St Nicks
- Donations from the congregation and grant from CRT and Love Your Neighbour towards Love Christmas boxes Benefact Trust:
- Funding towards ongoing costs of Baldwin Street
Page 16
Mullers Grant CCYC:
- Extra funding for CCYC activites
Christmas Service appeals:
- Christmas Appeal raised Restricted Collections (Sticky Fingers):
- A collection in memory of Liz Thomlinson which was donated to Sticky Fingers Hardship Fund:
- Fund for supporting individuals facing hardship
## **9B STATEMENT OF MOVEMENTS IN FUNDS 2024**
|**Unrestricted Funds**
**Restricted funds**
**Fixed assets paid for by restricted funds**
Concord restricted fund for church plant
All Churches Trust grant for Youth work-fixed assets
**Funds**
CCYC Bristol Grant for Youth Chplain
Social Action Fund
Love Christmas- CRT and St Nicks
Coffee on Campus- Justsow
Christmas Service appeals
**Concord funds and grants (up to 25/4/24)**
Church Plant Fund (Concord)
Redrow
South Glouc Community Grant
New Housing Fund
YTL (Concord)
**Total restricted funds**
**Total Funds**|Opening
Incoming
Resources
Transfers
closing
Balance
resources
expended
balance
2024
2024
2024
2024
2024
£
£
£
£
£
318,473
481,378
(514,325)
0
285,526|
|---|---|
||3,414
0
0
(3,414)
(0)
927
0
(504)
0
423|
||4,341
0
(504)
(3,414)
423
0
7,500
0
0
7,500
0
1,781
(1,781)
0
(0)
0
5,200
(5,200)
0
0
1,000
0
(1,000)
0
0
0
1,514
(1,514)
0
0|
||1,000
15,995
(9,495)
0
7,500
66,033
21,848
(20,899)
(66,981)
0
673
0
0
(673)
0
0
0
(200)
200
0
0
30,000
0
(30,000)
0
0
4,000
(8,000)
4,000
0|
||66,706
55,848
(29,099)
(93,454)
0|
||72,047
71,843
(39,099)
(96,868)
7,923|
||390,521
553,221
(553,424)
(96,868)
293,449|
## **10 ANALYSIS OF NET ASSETS BETWEEN FUNDS**
|Fixed assets
Current assets
Creditors due within one year
NET ASSETS|Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
funds
funds
2025
2025
2025
2024
2024
2024
£
£
£
£
£
£
3,300
0
3,300
7,576
423
7,998
321,057
24,869
345,926
346,795
7,500
354,295
(42,414)
0
(42,414)
(68,846)
0
(68,846)|
|---|---|
||281,943
24,869
306,812
285,525
7,923
293,448|
## **11 RELATED PARTIES**
No parties related to the board of the Bristol CCRC Trust received any renumeration or benefits in kind in the period reported in these financial statements.
None of the trustees were reimbursed for expenses relating to services provided to the charity as trustees. In the period ended 31st December 2025 £61,448 (2024 £66,270) was given by the trustees to the church.
Page 17
## **12 COMMITMENTS**
The church entered into a lease agreement for the rental of 54 Baldwin Street with a start date of 24th June 2021. The rent was agreed at £26,500 per annum with a reduction of 20% for the first 6 months. The first term is for 5 years (to 24th June 2026). A lease for a printer was entered into on the 29th June 2023. This is a 5 year lease at a cost of £60 a month plus VAT.
Page 18