OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2025-12-31-accounts

Charity Registration No. 1185509

ST ANNE'S PAROCHIAL CHURCH COUNCIL

(INCLUDING ST MARY'S)

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

TC Group One Bell Lane Lewes East Sussex BN7 1JU

ST ANNE'S PAROCHIAL CHURCH COUNCIL (INCLUDING ST MARY'S) CONTENTS

Page
Company information 1
Council Members report 2 - 4
Independent examiner's report 5
Statement of financial activities 6
Balance sheet 7
Notes to the financial statements 8 - 21

ST ANNE'S PAROCHIAL CHURCH COUNCIL (INCLUDING ST MARY'S) COMPANY INFORMATION

Council Members As listed on the Council Members Report Charity number 1185509 Independent examiner David Martin FCA TC Group One Bell Lane Lewes East Sussex BN7 1JU Bankers Barclays Bank Plc 149 Church Road Hove East Sussex BN3 2AE

ST ANNE'S PAROCHIAL CHURCH COUNCIL (INCLUDING ST MARY'S) COUNCIL MEMBERS REPORT

FOR THE YEAR ENDED 31 DECEMBER 2025

The council members present their annual report and financial statements for the year ended 31 December 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Church Accounting Regulations 2006, the Charities Act 2011 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 2019).

Objectives and activities

The PCC is committed to enabling as many people as possible to worship at the church and to become part of our parish community at St Anne’s.

Then PCC maintains an overview of worship throughout the parish and makes suggestions on how services can involve the many groups that live within the parish. The services and worship put faith into practice through prayer, scripture, music and sacrament.

When planning activities for the year, the Churchwardens and the PCC have considered the Charity Commission guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion.

In particular, the PCC aims to enable ordinary people to live out their faith as part of our parish community through:

To facilitate this work it is important that the fabric of St Anne’s Church and that of St Mary’s Church Hall are both well maintained.

Achievements and performance

The Quinquennial repairs project was completed for the roof and its environs. Repairs required to the surrounding flint wall have been investigated and a tree survey has been completed. The flint wall works should be undertaken in the coming year.

ST ANNE'S PAROCHIAL CHURCH COUNCIL (INCLUDING ST MARY'S) COUNCIL MEMBERS REPORT (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

Financial review

Unrestricted income for the year 2025 was £83,829 compared to £554,221 in 2024 (or £76,881 in 2024 omitting a very generous legacy). Total unrestricted giving was £55,695. The rent from letting St. Mary’s was £8,963, an increase of £2,147 on the previous year. Unrestricted Gift Aid recoverable was £8,674, a decrease of £1,393 compared to the previous year.

The restricted income for the year 2025 of £51,570, increased by £37,132. Income to the Music fund of £8,012 increased from the previous year by £1,895. Restricted Gift Aid recoverable was £2,922, an increase of £2,235 compared to the previous year.

Income from investments and interest-bearing accounts of £19,999, included in both the unrestricted and restricted funds, increased by £5,385 compared to the previous year.

Expenditure in the unrestricted fund for the year 2025, combined with that of the fabric fund, was £91,848. The St. Mary’s costs were £5,481 compared to £5,508 in the previous year. Expenditure for the Music fund was £4,125. The fund therefore showed a profit for the year of £3,887.

The result of the above-mentioned figures is that income has exceeded expenditure in 2025 by £39,446. These figures are before the inclusion of the revaluation of the investments. Their valuation as at 31[st] December 2025 has resulted in a decrease of £8,779 compared to an increase of £4,955 in 2024. The net result of all the above is that total funds as at 31[st] December 2025 are £770,310, an increase of £30,664 compared to the previous year.

The weekly unrestricted expenditure amounted to £1,838 in 2025 compared to £1,682 in 2024.

Reserves policy

It is PCC policy (if possible) to maintain a balance of unrestricted funds which equates to approximately six months unrestricted payments to cover emergency situations that may arise from time to time. For 2025 this is £47,796. The General Fund in note 17 of £452,701 includes fixed assets of £249 together with debtors and creditors of £7,623 and (£4,533), respectively. Taking these figures out leaves an amount of £449,362 of unrestricted funds which more than matches the target at the year-end.

Structure, governance and management

The parochial church council is a charity which is registered with the Charity Commission under the name “The Parochial Church Council of the Ecclesiastical Parish of St Anne Lewes” with charity number 1185509.

The trustees who served during the year and up to the date of signature of the financial statements were:

ST ANNE'S PAROCHIAL CHtJRCH COUNCIL IINCLUDING ST MARY'S) COUNCIL MEMBERS REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER2025 Rector.. The Rev'd 8. 8rown Elected Members." (Term of Offi¢e ends April 2025) Mrs D. Rogers Idid not seek re-election) Mr J. Stevens Idtd not seek rè-election) Mrs l. Price Ire-eleeted at APCM May 1120251 Reader." Mr P. Shears Wordens.. Mr A. Price lelected May 20251 Or M-R. Shears (èlected May 20251 (Term of C)ffice ends April 20261 Mr S. Kirkwtsod Mrs E. Trott Representative5 on the Deanery Synod.. Mr P. Shears (Term ol Office ends Aprs120271 Mrs G. Scott Mr R. Cocks ITerm ol Offl¢e end5 April 20281 Mrs P. Edwards lelected on to PCC at APCM May 1120251 Cwpted by the PCC: Mrs A. Hodge Ms W. Grisham Secretury to the PCC.. Mrs J. Price The council members report was approved by the Board of Cotsncil Members. On behalf of the mmbers of the Council Date..

ST ANNE'S PAROCHIAL CHURCH COUNCIL (INCLUDING ST MARY'S) INDEPENDENT EXAMINER'S REPORT

TO THE COUNCIL MEMBERS OF ST ANNE'S PAROCHIAL CHURCH COUNCIL

I report to the council members on my examination of the financial statements of St Anne's Parochial Church Council (the charity) for the year ended 31 December 2025.

Responsibilities and basis of report

As the council members of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).

I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.

I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

David Martin FCA

Dated: 7 May 2026

TC Group One Bell Lane Lewes East Sussex BN7 1JU

ST ANNE'S PAROCHIAL CHURCH COUNCIL (INCLUDING ST MARY'S) STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 DECEMBER 2025

Unrestricted
Restricted
Restricted
funds
funds
funds
music
general
2025
2025
2025
Notes
£
£
£
Income from:
Donations and legacies
2
55,695
902
35,042
Charitable activities
3
12,899
7,110
3,752
Investments
4
15,235
-
4,764
Total income
83,829
8,012
43,558
Expenditure on:
Charitable activities
5
90,113
-
(3,764)
Other trading activities
5,481
4,125
-
Total expenditure
95,594
4,125
(3,764)
Net gains/(losses) on
investments
9
(8,785)
-
6
Net income/(expenditure)
(20,550)
3,887
47,328
Net movement in funds
(20,550)
3,887
47,328
Reconciliation of funds:
Fund balances at 1 January 2025
689,306
20,322
30,018
Fund balances at 31 December
2025
668,756
24,209
77,346		 Total
2025
£
91,639
23,761
19,999
135,399
86,349
9,606
95,955
(8,779)
30,665
30,665
739,646
770,311		 Total
2024
£
535,804
18,242
14,614
568,660
213,543
9,811
223,354
4,955
350,261
350,261
389,385
739,646

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

ST ANNE'S PAROCHIALCHURCFI COUNCIL IINCLUDING ST MARY'S) BALANCE SHEET AS Af31 DECEMBER 2025 2025 2024 Nots Fixed assets Tangible a55ets Inve5trneYtts li 12 250 610 i20,762 211983 212,233 221,372 Curyent assets Debtors Cash at bank and in 4and 13 7,623 554,988 5,822 515,787 562,611 521,609 Crèditors-. amounts falling due within one year 14 4,533 3,335 Net cuireDt assets 558,078 518,274 Total asset5 less current Siabil>tie5 770,311 739,6116 The funds of the charit¥ Restricted income funds- general Restrictdd inome f￿l￿s- rnu5*C VnrtsrJtricted funds 15 16 77,346 20,322 589,306 668,7>6 770,311 739,646 The finantiiil statements were approvÈd by the PCC on d signed on its behaSf bv.. The Revd Ben Brown PCC Chairman

ST ANNE'S PAROCHIAL CHURCH COUNCIL (INCLUDING ST MARY'S) NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1 Accounting policies

Charity information

St Anne's Parochial Church Council is committed to enabling as many people as possible to worship at the church and to become part of our parish community at St Anne's.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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 2019). The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.

The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their affiliation to another body, nor those which are informal gatherings of church members.

1.2 Going concern

At the time of approving the financial statements, the council members have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the council members continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds - general funds which can be used for PCC ordinary purposes.

Designated funds - monies set aside by the PCC out of unrestricted funds for specific future purposes or projects.

Restricted funds - a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest; b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaing unspent at the end of the year is carried forward as a balance on that fund.

ST ANNE'S PAROCHIAL CHURCH COUNCIL (INCLUDING ST MARY'S) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

1 Accounting policies

(Continued)

1.4 Income

All income and endowments are accounted for without deduction for any costs of receivability, are recognised when there is evidence of entitlement, receipt is probable, and the amount can be measured reliably.

Donations and legacies

Collections are recognised when received.

Planned giving receivable is recognised when there is evidence of entitlement, receipt is probable, and the amount accords with the Gift Aid declaration or other record of intention to donate.

Gift aid recovered is recognised when the income to which it is attached is recognised.

Grants and legacies are recognised when the formal offer in writing of the funding, is received by the PCC.

Charitable activities

Sales of magazines and study notes are recognised when received.

Rents from property are recognised in accordance with the rental agreements, when receipt is probable.

Other trading activities

Trading activities are where income is receivable in return for selling goods or providing services. Income from trading is recognised either: a - when received, or b - in the case of concerts, at the date of the event. Advance bookings are included in creditors until the concert has taken place.

Investment income

Dividends are accounted for when due and payable. Interest entitlements are accounted for as they accrue.

All other income

All other income is recognised in accordance with the above overall policy.

Gains and losses on investments

Realised gains are recognised when the investments are sold. Unrealised gains and losses are accounted for on revaluation at 31 December.

ST ANNE'S PAROCHIAL CHURCH COUNCIL (INCLUDING ST MARY'S) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

1 Accounting policies

(Continued)

1.5 Expenditure

Expenditure is accounted for on an accruals basis and accounted for gross.

Grants

Grants and donations are accounted for when paid over, or when awarded where the award creates a binding obligation on the PCC.

Church Activities

The diocesan parish contribution is accounted for on an annual basis, reflecting the allocation set by our Deanery. Any parish contribution unpaid at 31 December is provided for in these accounts as an operational (though not a legal) liability and is shown as a creditor in the balance sheet.

1.6 Tangible fixed assets

Consecrated and beneficed property of any kind is excluded from the accounts by s.10(2) of the Charities Act 2011.

Movable church furnishing held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal, are accounted as inalienable property unless consecrated. They are listed in the church's inventory which can be inspected but are not included in the financial statements. For other property acquired where there is insufficient cost information available, the cost of such assets are not stated in the financial statements.

All expenditure on consecrated or beneficed buildings and individual items costing under £1,000 are written off in the year they were incurred.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings

10% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Fixed asset investments

Investments are initially recognised at fair value which is normally the transaction price excluding transaction costs. Subsequently they are measured at fair value with changes recognised in 'net gains / (losses) on investments' in the SOFA of the shares are publicly traded or their fair value can otherwise be measured reliably.

1.8 Impairment of fixed assets

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date.

If there are indicators of impairment, the recoverable amount is estimated and compared to the carrying amount. Where the carrying amount exceeds it recoverable amount, an impairment loss is recognised in expenditure through the statement of financial activities.

ST ANNE'S PAROCHIAL CHURCH COUNCIL (INCLUDING ST MARY'S) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

1 Accounting policies

(Continued)

1.9 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.10 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

ST ANNE'S PAROCHIAL CHURCH COUNCIL (INCLUDING ST MARY'S) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

1 Accounting policies

(Continued)

1.11 Judgements and key sources of estimation uncertainty

In the application of the charity's accounting policies, management are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

Depreciation

Tangible fixed assets are depreciated over their useful lives taking into account residual values where appropriate. The actual lives of the assets and residual values are assessed annually and may vary depending on a number of factors. In re-assessing the assets lives, factors such as technological innovation, product life cycles and maintenance programmes are taken into account. Residual values consider such things as future market conditions, the remaining life of the asset and projected disposal values.

2 Income from donations and legacies

Unrestricted
Restricted
Restricted
funds
funds
funds
music
general
2025
2025
2025
£
£
£
Donations and gifts
52,895
902
13,042
Legacies receivable
2,800
-
-
Grants
-
-
22,000
55,695
902
35,042
Donations and gifts
Planned giving (excl. tax
refunds)
35,311
-
-
Planned giving (no tax refunds)
1,805
-
-
Loose cash collection
7,105
-
-
Donations/ appeals
-
-
11,022
Gift aid recoverable
8,674
902
2,020
52,895
902
13,042		 Total
2025
£
66,839
2,800
22,000
91,639
35,311
1,805
7,105
11,022
11,596
66,839		 Total
2024
£
58,464
477,340
-
535,804
33,356
4,466
8,449
1,439
10,754
58,464

ST ANNE'S PAROCHIAL CHURCH COUNCIL (INCLUDING ST MARY'S) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

3 Income from charitable activities

Unrestricted
Restricted
Restricted
funds
funds
funds
music
general
2025
2025
2025
£
£
£
Income from charitable activities
Rent from letting of St Mary's
8,963
-
-
Bookstall sales
-
-
3,752
Fees for weddings & funerals
3,936
-
-
Fund raising
-
7,110
-
12,899
7,110
3,752
Income from investments
Unrestricted
Restricted
funds
funds
2025
2025
£
£
Income from unlisted investments
15,235
4,764		 Total
2025
£
8,963
3,752
3,936
7,110
23,761
Total
2025
£
19,999		 Total
2024
£
6,816
2,652
3,193
5,581
18,242
Total
2024
£
14,614

4 Income from investments

ST ANNE'S PAROCHIAL CHURCH COUNCIL (INCLUDING ST MARY'S) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

5 Expenditure on charitable activities

Unrestricted
fund
Restricted
fund
Music fund
2025
2025
2025
£
£
£
Direct costs
Missionary and charitable giving
1,312
-
-
Ministry - diocesan parish contribution
47,184
-
-
Ministry - other clergy costs
4,697
-
-
Staff (services & weddings/funerals)
670
-
-
Upkeep of services
465
-
-
Church running costs
10,264
-
-
Church maintenance and repair
18,187
(3,764)
-
Upkeep of churchyard
3,723
-
-
Printing & stationery
1,098
-
-
Church hall running costs
5,481
-
Fund raising costs
-
-
4,125
93,081
(3,764)
4,125
Share of support and governance costs (see note 6)
Support
731
-
-
Governance
1,782
-
-
95,594
(3,764)
4,125
Analysis by fund
Unrestricted funds
95,594
-
-
Restricted funds - music
4,125
Restricted funds - general
(3,764)
-
95,594
(3,764)
4,125		 Total
2025
£
1,312
47,184
4,697
670
465
10,264
14,423
3,723
1,098
5,481
4,125
93,442
731
1,782
95,955
95,594
4,125
(3,764)
95,955		 Total
2024
£
1,000
45,770
4,690
1,720
569
10,559
140,702
3,903
1,218
5,508
4,303
219,942
1,792
1,620
223,354
87,782
4,303
131,269
223,354

ST ANNE'S PAROCHIAL CHURCH COUNCIL (INCLUDING ST MARY'S) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

6 Support costs allocated to activities

Bank charges
Depreciation
Governance costs
Analysed between:
Unrestricted fund		 2025
£
371
360
1,782
2,513
2,513		 2024
£
398
1,394
1,620
3,412
3,412

7 Council Members

None of the council members (or any persons connected with them) received any remuneration during the year, but 8 of them were reimbursed a total of £1,842 in respect of costs incurred on behalf of the PCC. (2024 - 5 were reimbursed £2,739).

8 Employees

The average monthly number of employees during the year was:

2025 2024
Number Number
Total - -

During the year the PCC employed two organists on a part time basis for a total of £670 (2024 - £1,720).

There were no employees whose annual remuneration was more than £60,000.

9 Gains and losses on investments

Unrestricted Restricted Total Total
funds funds
2025 2025 2025 2024
Gains/(losses) arising on: £ £ £ £
Revaluation of investments (8,785) 6 (8,779) 4,955

10 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

ST ANNE'S PAROCHIAL CHURCH COUNCIL (INCLUDING ST MARY'S) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

11 Tangible fixed assets

11 Tangible fixed assets
Fixtures and
fittings
£
Cost
At 1 January 2025 37,411
At 31 December 2025 37,411
Depreciation and impairment
At 1 January 2025 36,801
Depreciation charged in the year 360
At 31 December 2025 37,161
Carrying amount
At 31 December 2025 250
At 31 December 2024 610
12 Fixed asset investments
Unlisted
investments
£
Cost or valuation
At 1 January 2025 220,762
Valuation changes (8,779)
At 31 December 2025 211,983
Carrying amount
At 31 December 2025 211,983
At 31 December 2024 220,762

ST ANNE'S PAROCHIAL CHURCH COUNCIL (INCLUDING ST MARY'S) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

13
Debtors
Amounts falling due within one year:
Trade debtors
Prepayments and accrued income		 2025
£
6,493
1,130
7,623		 2024
£
5,822
-
5,822
14 Creditors: amounts falling due within one year
2025 2024
£ £
Trade creditors 4,533 3,335

15 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1 January Incoming Resources Transfers Gains and At 31
2025 resources expended losses December
2025
£ £ £ £ £ £
Friends of St
Anne's Fabric
fund 29,010 43,558 3,764 - - 76,332
Chancel Trust 1,008 - - - 6 1,014
30,018 43,558 3,764 - 6 77,346

ST ANNE'S PAROCHIAL CHURCH COUNCIL (INCLUDING ST MARY'S) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

15 Restricted funds (Continued)
Previous year: At 1 January Incoming Resources Transfers Gains and At 31
2024 resources expended losses December
2024
£ £ £ £ £ £
Friends of St
Anne's Fabric
fund 51,958 8,321 (131,269) 100,000 - 29,010
Chancel Trust 970 - - - 38 1,008
52,928 8,321 131,269 100,000 38 30,018

16 Restricted funds - music

These are restricted funds which are material to the charity's activities.

At 1 January Incoming Resources At 31
2025 resources expended December
2025
£ £ £ £
Music fund 20,322 8,012 (4,125) 24,209
Previous year: At 1 January Incoming Resources At 31
2024 resources expended December
2024
£ £ £ £
- - - -
Music fund 18,508 6,117 (4,303) 20,322
18,508 6,117 (4,303) 20,322

ST ANNE'S PAROCHIAL CHURCH COUNCIL (INCLUDING ST MARY'S) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

17 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 January At 1 January Incoming Resources Transfers Gains and Gains and At 31
2025 resources expended losses December
2025
£ £ £ £ £ £
General fund 464,585 82,916 (94,799) - - 452,702
Incumbent's
discrentionary
fund 4,967 913 (795) - - 5,085
Church Hall
(designated) 71,544 - - - (2,860) 68,684
Clergy House
(designated) 125,088 - - - (5,001) 120,087
Church Tower
Room
(designated) 23,122 - - - (924) 22,198
689,306 83,829 (95,594) - (8,785) 668,756
Previous year: At 1 January Incoming Resources Transfers Gains and At 31
2024 resources expended losses December
2024
£ £ £ £ £ £
General fund 98,141 553,440 (86,676) (100,000) - 464,905
Incumbent's
discrentionary
fund 4,971 782 (786) - - 4,967
Church Hall
(designated) 69,943 - - - 1,601 71,544
Clergy House
(designated) 122,289 - - - 2,799 125,088
Church Tower
Room
(designated) 22,605 - - - 517 23,122
General funds - - (320) - - (320)
317,949 554,222 (87,782) (100,000) 4,917 689,306

ST ANNE'S PAROCHIAL CHURCH COUNCIL (INCLUDING ST MARY'S) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

17 Unrestricted funds

(Continued)

The Church Hall and Clergy House designated funds represent the proceeds from the sale of properties in previous years. The funds are invested with the CBF.

In previous years, funds were raised for the provision of a Church Tower room. These were recorded as restricted funds. Following subsequent improvements to the church, there was no longer a requirement for a Church Tower room and the PCC, having obtained permission from the surviving donors and Church House, agreed to reclassify these funds as unrestricted funds. The designated funds are held by the PCC to finance routine future maintenance costs to the extent that these cannot be met by unrestricted donations.

The restricted fabric fund was the result of a bequest by Mr King-Smith, to which the Church Roof + Tower fund was added in 2008 to maintain and improve the fabric of the church. The funds are invested with the CBF. The Chancel Trust fund exists as a result of a bequest in previous years to maintain the Chancel. The fund is invested with the CBF. Funds have been received during the year explicitly requested to be used at the discretion of the incumbent.

18 Analysis of net assets between funds

Unrestricted
Restricted
Restricted
funds
funds
funds
music
general
2025
2025
2025
£
£
£
Fund balances at 31 December 2025 are represented by:
Tangible assets
250
-
-
Investments
210,969
-
1,014
Current assets/(liabilities)
457,537
24,209
76,332
668,756
24,209
77,346
Unrestricted
Restricted
Restricted
funds
funds
funds
music
general
2024
2024
2024
£
£
£
Fund balances at 31 December 2024 are represented by:
Tangible assets
610
-
-
Investments
219,754
-
1,008
Current assets/(liabilities)
468,942
20,322
29,010
689,306
20,322
30,018		 Total
2025
£
250
211,983
558,078
770,311
Total
2024
£
610
220,762
518,274
739,646

ST ANNE'S PAROCHIAL CHURCH COUNCIL (INCLUDING ST MARY'S) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

19 Related party transactions

There were no disclosable related party transactions during the year (2024 - none).