THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PAUL WITH ST AGATHA, WOLDINGHAM REGISTERED CHARITY 1179945 Annual Report and Financial Statements for the year ended 31 December 2025
Annual Report 2025 Administratlve information Woldingham is part of the Diocese of Southwark within the Church of England. The Caterham Team, of which it had been a part for a number of years, has now been disbanded and the churches a operating as a Group with the clergy of the churches collaborating and supporting each other. The Parochial Church Council of the Ecclesiastical Parish of St. Paul with St. Agatha, Woldin9ham I'woldingham PCC. or the 'PCC') is a charity gIstered with the Charity Commission with registration number 1179945. The following served as members of the PCC (trustees of the charity) during the period covered by this report, together with their unexpired terms of office where applicable. There are currently eleven trustees Including one who is co-opted. Incumbent Church Wardens Rev Dr C Dowland-Pillinger Mr N J Hardy until APCM 2026 Mrs J P Fortune - until APCM 2026 Mr R G Tozer - until APCM 2026 Mrs A M Mead until APCM 2026 Mrs N Collard until APCM 2028 Mr D J Ridout {co-optedl until APCM 2026 Mr C W Roberts- until APCM 2028 Mr T J Salmon until APCM 2027 Mrs M M Stevenson Ico-optedl until APCM 2026 Mrs M Westmarland - untll APCM 2027 Deanery Synod representatives Other trustees Parish safeguarding officers Treasurer Secretary Those retiring at the Annual Meeting are Mr Hardy, Mrs Fortune. Mrs Mead and Mr Tozer plus co- opted member Mr Ridout. Mrs A M Mead and Mrs M Westmarland Mr T J Salmon Mrs M M Stevenson Objectlves and actlvltl The PCC has responsibility for co-operatin9 Wlth the incumbent in promoting In the ecclesiastical parish the whole mission of the Church, pastoral, evangelical. soctal and ecumenical. It also has maintenance responslbilities for the churches and grounds of St. Paul's and St. A9atha'g. Structurei governance and mana9ement Members of the PCC are either ex-officio or elected by the Annual Parochial Church Meeting {APCM) in accordance wlth the Church Representation Rules. Members normally serve on the PCC for three years, or the remainder of the terrn of those whom they succeed. The PCC operates through a number of committees, which meet between full meetings of the PCC. The committees presently established are set out below. Members of the Cornrnittees who a also continuing members of the PCC are shown,. the chair is shown as the first name in eath list. The Incumbent is entitled to attend and chair any of the Committees If she so wishes. Other members a co-opted onto these comrnittees from time to time. REGISTERED CHARITY 1179945
Annual Report 2025 (continued) Standing Committee This is the only committee required by law. It ha5 the power to condurt the business of the PCC between its meetings, subj.ert to any dirertion given by the PCC. Membef5.' Rev Dr C Dowland-pillinger, Mr Hardy, Mrs Fortune, Mr Roberts. Mrs Stevenson and Mr SalnFOn. 8uildings and Fabric Committee This group is responslble for the stewèrdship of the church buildings, fabric and churchyards. Members.. Rev Dr C DoWland-Pl1nger. Mr Hardy, Mrs Fortune, Mr Roberts and Mr Salmon. Social Committee This committee is responslble for social attivtties. Members.. Mr5 Fortune. Mrs Mead and 5teven50n with others belng co-opted as reouired. Worship Committee Thls committee is responsible for considering worship In conjunction with outreach, evangelism and mission. Members." Rev Dr C Dowland-Pillinger, Mr Hardy, Mrs Fortune, Mrs Mead plus Co-opted member Mr Ridout. Mission Action Planning This group is responsible for the renewal of our Mission Action Plan. Members.. Rev Dr C Dowland-Pillinger, Mr Hardy. Mrs Fortune, Hrs Stevenson and Mrs Mead. A small committee, led by Mrs Steven50n and Mrs Mead with others co-opted as required continues to work on the content and delrvery of our website. We are indebted to Ali Coombs who continues to maintain the website and to Mrs Maureen Westmarland, who continues to provide assistance. Church attendance There are currently 76 people on the Roll, including some not resident in the parlsh. Average weekly attendance at the main service was 30 {2024 - 281. Safeguard1Th9 The role of rhe Parish Safeguarding Officers is to work with the incumbent, churchwardens, PCC and members of the church community to make sure that we create a safe environment for the activities that we undertake with children and vulnerable adults. We follow the guidance provided by the Diocesan Safeguarding Officer in 'A Safe Church, which Includes carrying out DBS checks for appropriate people, discussin9 safeguarding 9uidante with those undertaking church activities and encouraging them to attend training sessions. and producing risk assessments where appmpriate. A summary of the safeguar¢Jing principles adopted by the PCC can be found on the website. 'A Safe Church. is available on the Diocesan website l., I for anyone who would like to read it; the diocesan safeguarding policies are adopted annually by the pcc and copies displayed the churches and on the parish web51te The PCC has complied with the duty to have "due regard~ to the House of Bishops. guldance in relation to sèfeguarding. REGISfERED CHARITY 1179945
Annual Report 2025 (continued) Review ol the year The PCC met eight times during 2025 and has met twice to date in 2026. Cornrnittees normally meet between these meetin9s and reports of those meetings are conveyed to the PCC and discussed Whe necessary. The PCC'S financial statements show that we recorded a deficit on the general fund in 2025 of around £9,000 Ipage 161. This reflects the loss of some income from donations during the year following the deaths of a number of members of our congregation. Our reserves, however, remain at a level at which it will allow us to deal with Ltnexpecteo loss of income or emergency expenditure, although we maIn dependent on a number of other significant donors. The funding of clergy in the Southwark Diocese is provided by a scheme under which each parish pledges what it can afford, each year. The PCC agreed to the requested increase of 3.5% for 2025, pledging £49,700. For 2026 we have pledged £48,000. rather than accepting the requested 3.50/0 increase. As we have previously acknowledged, this results direttly from the decline in donors referred to above. A significant portion of our 2025 pled9e was funded frorn reserves and we anticipate at least as much being so funded In 2026. We believe that our contribution still reflerts fairly both the slze of our congregation and the costs attributable to the parish, and at the same time being supportive of less well-off parishes within the Diocese. We contlnue to benefit from annual licence fees for the base station and good cost control,. we re particularly fortunate to have secured long term fixed pncing for gas (until June 2026) which we have recently extended for a further two years.. although the cost is significantly higher than we have enjoyed In recent years, il remains highly competitive compare to the rnaet and to domestic rates. The other factor that continues to affect our general fund beneficially is the legacy, which, in accordance with the donor'5 wishes, is being used to cover the costs of repairs and rnaintenance, rather than these having to be funded by the general fund. This le9acy Is enabling us to keep both church buildings In good repair. Please consider putting a gift in your will to help us to build up a fund for future work and ministry. We were notified of a legacy during 2024 (which was included In last year's accounts as receivable) which was received in 2025. The legaLI, from the estate of the late Mrs Mona Marshall land increased as a result of the generosity of her three chlldrenl vlas received during 2025. Thanks In part to a mijch appreciated contribution from the Woldingham Parish Council we remain able to maintain the churchyard at St. Agatha's (the Parish Burial Ground) to a high standard. Our investments, with CCLA, the charity Investment organisation, have decllned in value a Ilttle towards the end of 2025. in common with the stock market generally. Projects Some stone PlaCement, additional pointing and lead work is reqUi¢j to reduce the amount of moisture entering the St. Paul's church tower and we have accepted a tender to earry out the works from PAYE, the specialist stonework contractor, after a competitive bid process. Works should begin In 2026 a5 soon as the weather Improves. The Diocesan quinquennial inspettion of the buildings last took place at the end of 2020 and resulted in a programme of maintenance and minor works, most of which have been completed. The next such inspection is now due. ety" On behalf of the Parochial Church Council Rev. Dr. Catherine Dowland-Plllln9er Chair 17 February 2026 REGISTERED CHARrtY 1179945
Independent Examiner's Report report to the trustees on my examination of the financial statements of the Woldingham Parochial Church Council ('the Charity'l for the year end&J 31 December 2025. Responsibilities and basi$ of report As the trustees of the Charity you are responsible for the oreparation of the financial statements in accordance with the requirements of the Charities Att 2011 (the 2011 Act). report in respert of rny examination of the Charity's financial statements carried out under settion 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Dbrettlons glven by the Charlty Commission under section 14515)Ib) of the 2011 Art. Independent examiner's stat•rnent Your attention is drawn to the fact that the Charlty has prepared flnanclal statements In accordance with Accounting and ReFortlng by chatieS preparing thelr accounts in accordance with the Financial Reporting Standard appllcable In the UK and Republlc of Ireland IFRS 102) in preference to the Accountlng and Reporting by Charities.. Ststement of Recommended Practice Issued on l April 2005, which Is referred to In the extant re9ulatiorbS but has now been withdrawn. l understsnd that thls has been done in order for financial statements to provlde a true and falr vlew In accordance wlth Generally Accepted Accounb'ng Prattl effectlve for reportlng perlods beglnnlng on or after l January 2015. I have completed my examinatlon. I confirm that no matters have come to My attention In connectbon wlth the examlnation giving me cause to belleve that in any materlal resFect'. l. accountlng records were not kert In respect of the Charity as required by sectlon 130 of the 2011 Act; or 2. the financial statements do not accord wlth those records,. or 3. the flnanclal statements do not comply with the appllcable requlrements conmIng the form and content of accounts set out in the Charlties (Accounts and Report5) Regulations 2008 other than any requirement that the accounts glve a true and falr vlew whlth is not a matter considered as part of an independent examinatlon. I have no COnrnS and have come acro55 no other matters In connectlon wlth the examlnatlon to which attentlon should drawn In thls rep)rt In order to enable a rffoper understandlng of the flnancial statements to be reached. IPTyl Moorlands Lunghurst Road Woldingham Surrey CR3 7EJ REGISTERED CHAFUTY 1179945
Statement of Financial Activities 31 December 2025 Notes Restritted funds Unrestrirted funds Total fun¢Js 2025 Total funds 2024 INCOME & ENDOWMENTS Voluntary Income Income from investments Church artivities Activities for generating funds 7.063 8.963 3.285 56,548 3,001 2,646 955 63.611 11.964 5,931 955 135,787 11,356 5,905 2,787 TOTAL INCOME & ENDOWMENTS 19,311 63,150 82,461 155,835 EXPENDITURÉ Costs of generatlng voluntary income Other support costs Projert expendlture 955 67.912 955 80,581 5,176 1,595 82.377 12,669 5,176 TOTAL EXPENDITURE 17,845 68,867 86,712 83,972 NET INCOMING I IOVTGOING) RESOURCES Gains / Ilossesl on Investment assets on revaluation 15,717) 14,251) 71,863 io 16.829) 16.8291 4,029 NET MOVEMENT IN FUNDS Fiind balances at l January (5,363) 297.491 {5,717) (11,080) 91,973 389,464 75,892 313,572 FUND BALANCES AT 31 DECEMBER 292,128 86,256 378.384 389,464 REGISTERED CHARtrY 1179945
Balance Sheet 31 December 2025 Note5 Restricted funds Unrestricted Total Total 2024 funds 2025 FIXED ASSETS Investments io 171.768 171,768 1?8,597 CURRENT ASSETS Debtors Short term deposits Cash at bank and in hand li 12 120,348 11,478 71,407 9,036 11,490 191,755 9,036 78,897 134,794 6, 160 120.360 91,921 212,281 219,851 Credltors.. amounts falling due within one year 13 15.6651 15,6651 18,9841 NET CURRENT ASSETS 120,360 86,256 206,616 210,867 NET ASSETS 292,128 86,256 378,384 389,464 FUf4DS General Church Fund 51,284 Sl,284 60,276 Designated funds Organ Fund Cholr Robes Fund Fabrlc / Garden Fund Youth Group Fund Clergy Discretionary Fund 16.S12 50 2,027 240 16,143 16.512 50 2,027 240 16,143 IS,907 50 240 15,500 Re5trlcted funds St. Agatha's Churchyard Fund Lucy / Marshall Fund St. Agatha's Bell Appeal Fund Village Memorial Fund 43,880 231.687 4,135 12,426 43,880 231,687 4,135 12,426 38,912 242,711 3.962 11,906 TOTAL FU14DS 292, 128 86,256 378,384 389,464 Approved by the Parochial Church Council on 17 February 2026 and signed on its behalf by.. J Fortu Church Warden N J Hardy Church Warden T J Salmon Treasurer REGISTERED CHARttY 1179945
Statement of Accounting Policies 31 December 2025 The financial statements have been prepared under the Church Accounting Regulations 2006 in accordance with applicable accounting standards and the current Statement of Recommended Practice, Accounting and Reporting by Chanties and applicable accounting standard FRSIO2. The financial statements have been prepared under the historical cost conventlon except for investment assets, which are shown at market value. The financial statements include all transartions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body, nor those that a inforrnal gathering5 of church members. The accruals basis has been used. Fund$ General funds represent the funds of the PCC that are not subjert to any restrittSons regarding their use and are available for application on the general purposes of the PCC. Funds designated for a particular purpose by the PCC are UnstrICted. Restritted funds are those that must be expended for specific purposes; details of the funds held and restnrtions are provided below. The restrictetj funds are.. The Churchyard Fund fees from burlals in St. Agatha'5 churchyard and donatlons and grants given for the upkeep of the churchyard. Funds are used for the maintenance of the churchyard. established as a result of a bequest given to fund the future maintenante of the two churches, this fund receives investment Income and Is expended on maintenance. It was renamed in 2024 to reflett a bequest from the late Mrs Mona Marshall with the same purpose. The Lucy / Marshall Fund The Vlllage Memorial Fund establlshed in 2011 to fund the replacement of the wooden memorlal with a permanent stone replacement in the grounds of St. Paul's. established in 2016 to fund repairs to, and re-in5tallatlon of, the St. Agatha's Church bell. The St. Agatha's Bell Appeal Fund The unrestrlcted funds are: The General Fund recelves regular donation income and is expended in connection with all aspects of the managernent and operation of the churches. Designated Funds The Organ Fund established to provide a fund for major maintenance to the St. Paul's church organ, this fund receives contributions arising from usage at events such as weddings and funerals ènd is utilised for repairs. The Cholr Robes Fund established in 2006 to fund the purchase of replacement robes for the choir of St. Paul's. established in 2008 to fund the commencement of a Youth Group. established in 2011 from a donation specifically to fund gifts to those in need at the discretion of the incumbent and church wardens. The Youth Group Fund The Clergy Discretionary Fund The Fabric l Garden Fund originally the Fabric Fund. closed in 2007,. re-opened in 2017 to fund major repairs to the churches and re-designated in 2019 as the Tower Fund. From 2025 it is being used to fund garden work at St Paul's and renamed accordingly. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the financial statements of church groups that owe their main affiliation to another body, nor those that are informal gatherings of church members. REGISTERED CHARrtY 1179945
Statement of Accounting Policies (continued) 31 December 2025 Income and Endowments Voluntary income and capital sources Plate collections are cOgnised when te1Ved by or on behalf of the PCC. Planned giving receivable Ljnder Gift Aid is recognised only when received. Tax recoverable on Gift Aid donations is recognised when the donation 15 recognised. Grants and legacies to the PCC are accounted for as soon as the PCC Is notified of its legal entitlement, the amount due is quantifiable and its ultimate receipt by the PCC 15 reasonably certain. Funds raised by events and the sale of items are accounted for gross. Funds raised for Good Causes are accounted for gross. Income from investments Interest entitlements are accounted for as they accrue. Realised gains or losses are recognisecl when investments are sold. Unrealised gains or losses are accounted for on revaluation of Investments at the end of the financial year. Parochlal fees Under the arrangements that exist in the Dtocese of Southwark between the Diocese and its ministers, statutory fees are collected by the PCC as agent for the Diocese and paid over to the Diocese; they are netted off in these financial statements with only amounts colletted. but not yet paid over, shown as outstanding credltors at the balance sheet date. Expendltur• Committed giving Collections for good causes and other outreach are shown gros5. Activities directly relating to the work of the Church The Parish Pledge to the Diocese is accounted for when paid. Any unpald pledge at 31 December is provided for in these financial statements as an operational (though not a legall Ilability and 55 shown s a creditor In the balance sheet. Flxed asset Investment$ Investments are valued at bid prices at 31 December. Flxed assets Consecrated and beneflced property of any kind is excluded from the financial statements in accordance with s. 10121(è} and Icl of the Charities Att 2011. Equipment purchased for use on church premises and which 15 not incorporate<J into the buildings is wntten off on a straight line basls over Its useful Ilfe, although individual Items costing less than £500 are written off when the asset Is acquired. Current assets Amount5 owin9 to the Church Council at 3 1 December in respect of fees or other income are shown as debtors less provision for any amounts that may prove uncollectible. Short-term deposits are with the Central Board of Finance of the Church of England. Int•rfund balances Interest is paid on any monies borrowed from restritted funds at the same rate as received on eposits with the Church of England Deposit Fund. REGISTERED CHARITY 1179945
Notes to financial statements 31 December 2025 Income and Endowments (a) Restricted funds st. Agatha's churchyard fund Lucy I Marshall St. Agatha's bell appeal Village Memorial fund Total Total 2024 2025 lur*d Voluntary income Planned giving Income tax recoverable Legacies Grants 50 13 50 13 5,000 2,000 2,206 552 70,000 2,000 5,000 2,000 2.063 5.000 7,063 74,758 Income from investments Investment Income Interest receivable 168 1,509 4,828 1,765 4,996 3,967 4,837 2,359 173 520 1,677 6,593 173 520 8,963 7, 196 Income from Church activities Fees 3,285 3,285 3,083 Total Incom¢ and Qndowments 7,025 11,S93 173 520 19,311 85,037 The Woldlngham Parlsh Countll provSdes an annual grant towards the maintenance of the Churchyard as the Parish burial ground. In 2025 we applied for £2.000 which was received in December. The le9acy notifled to us last year of £70,000 towards the maintenance and upkeep of the buildlngs and grounds at St Paul's and St Agatha's was received in May 2025. In fatt, the legacy received was £75,000 resulting in additional Income of £5,000 In 2025. We are most grateful to the family of the late Mrs Mona Marshall for agreeing to significantly enhance her original legacy. REGISTERED CHARITY 1179945
Notes to financial statements (continued) 31 December 2025 Income and Endowments (continued) (b) Unrestricted funds General Fabric I Garden Organ fund Clergy disc'y fund Total Total hurch 2025 2024 fund fund Voluntary income Planned giving Income tax recoverable (see below) Cash collections Miscellaneous income and donations Collections for charities and others (note 4) 25,924 1,825 27,749 29,546 8,322 2,979 456 8,778 2,979 9,026 2,780 14.197 14, 197 14,556 2.845 2,845 5,121 54,267 2,281 56,548 61,029 Actlvltie5 to generate funds Speclal events {note 31 955 955 2,787 Income fmm investments Interest receivable 1,695 26 637 643 3,001 4, 160 Income from church activities Fees 2,246 400 2,646 2,822 Total income and endowments 59,163 2,307 1,037 643 63,ISO 70,798 Designated fund5 Income and expendlture in respect of the other designated funds (Choir Robes and Youth Group) are comblned with the General Fund to avoid excessive analysis. Income tax recoverable under Gift Aid, shown above, includes that recoverable under the Gift Aid Small Donatlons Scheme of £1,72812024 - £1.193). Miscellaneous income and donations includes the annual licence fee receivable in respect of the Base statlon in the St Paul's Church Tower of E7,050 (2024 - £7.050). REGISTERED CHARrrY 1179945 io
Notes to financial statements (continued) 31 December 2025 Expenditure (a) Restricted funds St. Agalha's churchyard Lucy I Marshall fvnd St. Agatha's bell appeal Village Memorial Total Total 2024 2025 Church activities Churchyard maintenance Church repairs & maintenance 2.175 2,175 2,928 10,494 10,494 7,566 other support costs 2,175 10,494 12,669 10,494 Project expenditure 5, 176 5.176 Total expendltur• 2,175 15,670 17,845 10,494 General malntenance works were undertaken in 2025. These included substantial works to trees In both churchyards, together with preparatory work on the required repairs to the St. Paul's church tower {shown as project expenditure above) and repalrs to the heating in the St. Paul's church room. (b) Unrestricted funds General church fund Fabric I Garden Fund Organ fund Clergv discretion -•ry fund Total 2025 Total 2024 Church activities Missionary and charitable giving (note 41 Rector and rectory (note 51 Organist and music (note 61 Churches & ehurch grounds (note 71 Diocesan share (note 8) Governance costs (note 9) 2.845 98 3,463 10,275 49.700 819 2,845 98 3,463 10,987 49,700 819 5,121 2,860 13,680 48,000 2,222 280 432 Other support costs 67.200 280 432 67,912 71,883 Costs of generating funds Event costs {note 31 955 955 1,595 Project expenditu Total expendlture 68,155 280 432 68,867 73,478 As the St. Paul's Director of Music, Mr D Ridout. who was a co-opted mernber of the PCC throughout the year, was paid £2,400 during the year 12024 - É2,040)- No payments or expenses were paid to any other member of the PCC, persons closely connected to them or other related parties, other than reimbursement of expenses paid for on behalf of the PCC. REGISTERED CHARITY 1179945
Notes to financial statements (continued) 31 December 2025 Special events and collection5 Revenues Costs 2025 Net 2025 Net 2024 2025 General church fund HaeSt supper Less dirert ¢Jonations (see note 41 1.569 1614) 19551 614 16141 746 1746) 9S5 1955) We were delighted to hold the Harvest Supper at the Woldinghèm Village Club again, with all profits to the Caterham Foodbank (Note 4). Revenues from special events exclude any related Income Tax recovered under Gift Aid which is included in note Ilb). Collectlons and donatlons to charltles and others 2025 2024 Bishop of Southwark's Lent Appeal Children's Society Welcare, Including funeral collertion for Peter Johnson Royal Brillsh Legion Surrey Churches Preservation Twst St Christopher's Hospice St Catherine's Hospice Cats Protection (Michael Batterbury funeral) Dementia UK (Michael Batterbury funeral) Embrace the Middle East Foal Farm (Lady Christopher funeral) Wear it Pink (Breast cancer appeal) Caterham Food Bank. including Harvest Supper profits (note 3) Other 331 479 63 183 350 337 1,225 142 140 327 1,211 187 187 150 119 216 938 614 21 746 2,845 5,121 REGISTERED CHARITY 1179945 12
Notes to financial statements (continued) 31 December 2025 Rector and Rectory 2025 2024 Relief clergy 98 98 Organlst and music 2025 2024 Organist stipend Relief organists Organ & plano tuning Music and licensing Sundrles 2,400 230 258 575 2,040 LIO 159 551 3,463 2,860 Churches and church grounds 2025 2024 Altar and vestry supplies Heat, light and water Insurance st Paul's church tower repairs, charged to the Tower Fund Other running costs, Including gardening & cleaning 478 4,364 5,001 431 4,344 4,911 3,562 432 1,144 10,987 13,680 sOh London Church Fund 2025 2024 Pledge paid to the Parish Support Fund 49,700 48,000 Every year we make a pledge to the Diocese of Southwark as a contribution to the costs of minlstry In the Diocese. For 2026, the PCC has pledged £48,000, having considered the current state of our finances and, particularly. the relatively healthy state of our reserves. We acknowledge that a substantial proportion of our 2026 pledge will need to come from those reserves las Indeed has our 2025 contribution) and that our 2027 pledge will have to be considered in the light of the likely state of reserves at that time. REGISTERED CHARITY 1179945 13
Notes to financial statements (continued) 31 December 2025 Governance costs 2025 2024 Stationery and sundries Catering Croft Road Association Webslte, IT licensing & contact-less giving costs Quinquennial inspection (cost spreao over five years) Other, including safeguarding costs 245 14441 150 785 225 1540) 150 1,471 470 446 83 819 2,222 Other expenses above include Christmas cards which generated profits of £ 193. 10. Fixed asset Investments 2025 2024 Market value at l January Net gains 1 (losses) on valUation 178,597 {6,8291 174,568 4,029 Market value at 31 December 171,768 178,597 Ylstorical cost at 31 December 89,203 89,203 Analysis of Investments Investment Fund Fixed Interest Securities Fund 166,826 4,942 173,773 4,824 Market value at 31 December l71,768 178.597 11. Debtors 2025 2024 Income tax cOVerable (note 12) Legacy awaiting asset disposition Due for base station electricity other debtors and prepayments 9,237 7,346 70,000 1,194 357 1.276 977 11,490 78,897 Restricted funds Vnrestricted funds 12 11,478 70,552 8,345 11,490 78,897 REGISTERED CHARrrY 1179945 14
Notes to financial statements (continued) 31 December 2025 12. Income tax recoverable 2025 2024 Opening balance Received in year Estimated amount due for 2025 7,346 {7,346) 9,237 7,888 (11,019} 10, 128 Closing balance 9,237 7,346 Included in the amounts estimated as due for 2025 is £1,728 12024 - £ 1.660) in relation to the Gift Aid Small Donations Scheme under which Gift Aid is available on a limited amount of small cash donations made to the church, without Gift Aid declarations. each year. 13. Credltors 2025 2024 Heat, light and water Church grounds & maintenance Special collectlons for other5 Deferred Income Other accruals 2,011 1,966 4,320 651 1,962 85 479 1,763 1,412 5,665 8,984 Restricted funds Unrestricted funds 5,665 8,984 5,665 8,984 REGISTERED CHARITY 1179945 15
Summary of Funds 31 December 2025 Restricted Funds Lucy I Marshall Fund St. Agatha's bell appeal Churchyard Fund Village Memorial Fund Total Income and endowments Expenditure 11.593 { 15,6701 173 7,025 12,1?51 520 19,311 117,8451 Net incoming (outgoing) resources Unrealised galn (loss) on Investments (4.077) 173 4.850 520 1,466 (6.9471 118 {6,829) Net movement In Funds Funds at l January (11,024) 242,711 173 3,962 4,968 38,912 520 11,906 {5,363) 297,491 Funds at 31 December 231,687 4,135 43,880 12,426 292,128 B} Unrestrlcted Funds Oegnated Funds - Or9an Clergy Fund Disc'y Fund General f und Fabnc I garden Fund Choir Youth Total Robes Group Fund Income and endowrnents Expendifure 59.163 168, 1551 2,307 {280) 1.037 {432) 643 63,150 168,8671 Net Incomlng (outgoing) resources (8,9921 2,027 605 643 15,7171 Net Movement in Funds Funds at l January {8,992) 60,276 2,027 605 643 15,907 15,500 (5,717} 91,973 50 240 Funds at 31 December 51,284 2,027 16,512 16,143 50 240 86,256 Income and expenditure in respert of the Choir Robes and Youth Group desi¢Jnated funds a combined with the General Fund in Notes l and 2. REGISTERED CHARrrY 1179945 16
Disposition of Net Assets 31 December 2025 Al Restricted Funds Lucy / Marshall St. A9atha's bell appeal Church yard Fund Village Memorial Total Fund Fun Investments 166,826 4,942 171,768 Central Board of Finance Debtors Income tax recoverable 64,861 4,135 38,926 12,426 120,348 12 12 Current assets Current Ilabilities: Amounts falllng due within one year 64,861 4,135 38,938 12,426 120,360 Net current assets (liabilities) 64,861 4,135 38.938 12,426 120.360 14et assets 231,687 4,135 43,880 12,426 292,128 81 Unrestritted Funds Designated Funds - Organ Clergy Funt1 D15C'y Fund General Fund Fabri gjrden Fund Cholr Robes Fund Youth Group Totèl Investments Central Board of Finance Debtors Income tax recoverable Cash at bank and In hand 36.791 2.253 8,769 9,036 1,671 16.512 16, 143 50 240 71,407 2,253 9,225 9,036 456 Current assets Current liabilities.. Amounts falling due withln one year 56,849 2,127 16,512 16.143 50 240 91,921 15,565) (ioo) 15,6651 Net current assets 51,284 2,027 16,512 16,143 50 Z40 86,256 Net assets Sl,284 2,027 16,512 16,143 50 240 86,256 REGISTERED CHARITY 1179945 17