**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
- 1 -
**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:
- worship and prayer
- learning about the gospel
- developing their knowledge and trust in Jesus
- provision of pastoral care for people living in the parish
- missionary and outreach work
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.
- 2 -
**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:_
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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:
- 1 accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
- 2 the financial statements do not accord with those records; or
- 3 the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
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
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## **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.
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ST ANNE'S PAROCHIALCHURCFI COUNCIL
IINCLUDING ST MARY'S)
BALANCE SHEET
AS Af31 DECEMBER 2025
2025
2024
Not*s
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 in*ome fls- 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.
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**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.
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**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.
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**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.
- 11 -
**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|
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**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**
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**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|
- 14 -
**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.
- 15 -
## **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|
- 16 -
**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|
- 17 -
**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|
- 18 -
**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|
- 19 -
**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|
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**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).
- 21 -