**Charity registration number 1186276 (England and Wales)** ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF MUDEFORD** ## **ALL SAINTS' CHURCH MUDEFORD** **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31 DECEMBER 2025** ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF MUDEFORD ALL SAINTS' CHURCH MUDEFORD LEGAL AND ADMINISTRATIVE INFORMATION** **Trustees** Mr P Clifford Rev K Hicken Mr A Eden Mrs C Green Mr A Green Mrs M Raine Mr P Neale Ms P Williams Mr J Ward Mrs V Young Mrs S Clifford Ms M Thomas Ms C Cutler Mr J Smith **Charity registration** England and Wales 1186276 **Principal address** All Saints' Church 95 Mudeford Christchurch BH23 3HS **Independent examiner** Oliver Read FCCA ACA James Todd and Co Limited Drayton House Drayton Lane Chichester West Sussex England PO20 2EW ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF MUDEFORD ALL SAINTS' CHURCH MUDEFORD CONTENTS** ||**Page**| |---|---| |Trustees' report|1 - 2| |Independent examiner's report|3| |Statement of financial activities|4 - 5| |Balance sheet|6| |Statement of cash flows|7| |Notes to the financial statements|8 - 24| **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF MUDEFORD ALL SAINTS' CHURCH MUDEFORD TRUSTEES' REPORT** ## _**FOR THE YEAR ENDED 31 DECEMBER 2025**_ The trustees 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 charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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)". ## **Objectives and activities** The purpose of the church is as an established Parish Church of England, to provide particular support for the parish community, for baptisms, weddings and funerals. Further to serve the local people to offer help in spiritual and physical ways that meet their needs. ## _Public benefit_ The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. ## _Activities_ In addition to weekly services on Sundays and at other times of the week, there are a number of activities that are provided for the community namely nursery group Little stars, and young children and families with Messy church, support to the schools and scouting organisations, bereavement support group, Art Club and Book club, bible study and prayer groups, other social meetings on a wide range of topical subjects and particular social events such as skittles, film nights etc. In 2025 there were 12 additional events to support the fund raising for the improvements to the church and community hub, these various events touched many different parts of our community and provided great entertainment and support, in addition to the raising of funds. ## **Achievements and performance** ## _Significant activities and achievements against objectives_ Despite the need to hold most of our weekly services in a village hall and to run activities from many different locations, the work is thriving and continues to reach out to our local community and to meet their needs. Also the church despite its need to fundraise has also given a large and generous amount to 21 local, national and international causes, acknowledging the greater needs of those near and far. ## **Financial review** ## _Reserves policy_ It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year. ## **Plans for future periods** The general reserves of the Church are to enable the activities to be continued and expanded to reach out in more ways to the parish community, and it may be, a significant sum would be required in future to help fund a family and children worker from these reserves. There is also a need to balance the books and at present the church finances continue to reply on the income from a large part of its reserves. Also we have to be mindful to hold funds until we have raised the required sum for the improvements to our Church and community hub to meet the contractual obligations to our professional and construction teams. In 2025 the reserves created by our fundraising for the improvements are restricted funds so these can only be used for this purpose. Going forward, when hopefully we near to reaching our target, we will state that any surplus funds will be used for the general purposes of the charity, and those will therefore not be restricted but designated for the rebuild improvements. - 1 - ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF MUDEFORD ALL SAINTS' CHURCH MUDEFORD TRUSTEES' REPORT (CONTINUED)** ## _**FOR THE YEAR ENDED 31 DECEMBER 2025**_ On the 7th October 2025 The Parochial Church Council of the Ecclesiastical Parish of Mudeford signed a contract with JCT Build on behalf of the PCC for £2,124,228 plus VAT. This will cover the costs of the repairs to the church and hall with The Parochial Church Council of the Ecclesiastical Parish of Mudeford responsible for the cost of any improvements done to the church and hall. ## **Structure, governance and management** The PCC is the managing body of the church, chaired by our Vicar and this body makes key decisions, set out with an agenda, with a voting protocol, and supported by minutes taken for each meeting recorded by the PCC secretary. In urgent situations there is a standing Committee that can act for the PCC, this includes the Vicar, 2 Churchwardens and the treasurer. These decisions would always be ratified after by the PCC. The day to day business is managed by the Vicar and the two church wardens, supported by a Treasurer and administrative officer where required. The trustees who served during the year and up to the date of signature of the financial statements were: Mr P Clifford Rev K Hicken Mr A Eden Mrs C Green Mr A Green Mrs M Raine Mr P Neale Ms P Williams Mrs J Joyce (Resigned 17 September 2025) Mr J Ward Mrs V Young Mrs S Clifford Ms M Thomas Ms C Cutler Mr J Smith Mr D Chaffey (Appointed on 01 May 2025 and resigned on 19 November 2025) The trustees' report was approved by the Board of Trustees. Mr P Clifford Mrs C Green **Trustee Trustee** 25 April 2026 - 2 - ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF MUDEFORD ALL SAINTS' CHURCH MUDEFORD INDEPENDENT EXAMINER'S REPORT** ## **TO THE TRUSTEES OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF MUDEFORD** I report to the trustees on my examination of the financial statements of The Parochial Church Council of the Ecclesiastical Parish of Mudeford (the charity) for the year ended 31 December 2025. ## **Responsibilities and basis of report** As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011. I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011. ## **Independent examiner's statement** Since the charity’s gross income exceeded £250,000, the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. I confirm that I am qualified to undertake the examination because I am a fellow of the Association of Chartered Certified Accountants, which is one of the listed bodies. Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements 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 the financial statements to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice. 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 Charities Act 2011. - 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 financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements 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. ## **Oliver Read FCCA ACA** James Todd and Co Limited Drayton House Drayton Lane Chichester West Sussex PO20 2EW England 5 May 2026 - 3 - ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF MUDEFORD ALL SAINTS' CHURCH MUDEFORD STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT)** ## _**FOR THE YEAR ENDED 31 DECEMBER 2025**_ |**Unrestricted**
**Unrestricted**
**Restricted**
**funds**
**funds**
**funds**
**general**
**Designated**
**2025**
**2025**
**2025**
**Notes**
**£**
**£**
**£**
**Income and endowments from:**
Donations and legacies
**3**
89,355
83,282
328,397
Charitable activities
**4**
2,670
-
-
Other trading activities
**5**
11,160
10,843
497
Investments
**6**
9,638
21,098
-
Other income
**7**
7,145
-
-
**Total income**
119,968
115,223
328,894
**Expenditure on:**
Charitable activities
**8**
82,367
33,233
9,689
**Total expenditure**
82,367
33,233
9,689
**Net income/(expenditure)**
37,601
81,990
319,205
Transfers between funds
(5,866)
(212,463)
218,329
**Net movement in funds**
**11**
31,735
(130,473)
537,534
**Reconciliation of funds:**
Fund balances at 1 January 2025
112,599
153,947
2,051
**Fund balances at 31 December 2025**
144,334
23,474
539,585|**Total**
**Unrestricted**
**Unrestricted**
**Restricted**
**funds**
**funds**
**funds**
**general**
**Designated**
**2025**
**2024**
**2024**
**2024**
**£**
**£**
**£**
**£**
501,034
69,135
70,748
30,264
2,670
3,163
-
-
22,500
9,506
1,256
-
30,736
10,352
1,705
-
7,145
908
-
-
564,085
93,064
73,709
30,264
125,289
157,501
62,520
2,072
125,289
157,501
62,520
2,072
438,796
(64,437)
11,189
28,192
-
3,358
140,290
(143,648)
438,796
(61,079)
151,479
(115,456)
268,597
173,678
2,468
117,507
707,393
112,599
153,947
2,051|**Total**
**2024**
**£**
170,147
3,163
10,762
12,057
908
197,037
222,093
222,093
(25,056)
-
(25,056)
293,653
268,597| |---|---|---| - 4 - ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF MUDEFORD ALL SAINTS' CHURCH MUDEFORD STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) (INCLUDING INCOME AND EXPENDITURE ACCOUNT)** ## _**FOR THE YEAR ENDED 31 DECEMBER 2025**_ The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. - 5 - ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF MUDEFORD ALL SAINTS' CHURCH MUDEFORD BALANCE SHEET** ## _**AS AT 31 DECEMBER 2025**_ |**Notes**
**Fixed assets**
Intangible assets
**15**
**Current assets**
Debtors
**16**
Cash at bank and in hand
**Creditors: amounts falling due within one year**
**17**
**Net current assets**
**Total assets less current liabilities**
**The funds of the charity**
Restricted income funds
**19**
Unrestricted funds - general
**21**
Unrestricted funds - Designated
**20**|**2025**
**£**
28,941
1,107,242
1,136,183
(430,820)|**£**
2,030
705,363
707,393
539,585
144,334
23,474
707,393|**2024**
**£**
3,257
374,598
377,855
(109,258)|**£**
-
268,597| |---|---|---|---|---| |||||268,597| |||||2,051
112,599
153,947| |||||268,597| The financial statements were approved by the trustees on 22 April 2026 Mr P Clifford Mrs C Green **Trustee Trustee** - 6 - ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF MUDEFORD ALL SAINTS' CHURCH MUDEFORD STATEMENT OF CASH FLOWS** ## _**FOR THE YEAR ENDED 31 DECEMBER 2025**_ |**Notes**
**Cash flows from operating activities**
Cash generated from operations
**24**
**Investing activities**
Purchase of intangible assets
Proceeds from disposal of investments
Investment income received
**Net cash generated from investing activities**
**Net cash generated from financing activities**
**Net increase in cash and cash equivalents**
Cash and cash equivalents at beginning of year
**Cash and cash equivalents at end of year**|**2025**
**£**
(2,100)
-
30,736|**£**
704,008
28,636
-
732,644
374,598
1,107,242|**2024**
**£**
-
4,702
12,057|**£**
69,378
16,759
-| |---|---|---|---|---| |||||86,137
288,461| |||||374,598| - 7 - **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF MUDEFORD ALL SAINTS' CHURCH MUDEFORD NOTES TO THE FINANCIAL STATEMENTS** ## _**FOR THE YEAR ENDED 31 DECEMBER 2025**_ ## **1 Accounting policies** ## **Charity information** The Parochial Church Council of the Ecclesiastical Parish of Mudeford is a charity limited by guarantee and governed under the parochial church council powers measure (1956) as amended and church representation rules that came into force on 02 January 1957. ## **1.1 Basis of preparation** 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" 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)". The charity is a Public Benefit Entity as defined by FRS 102. 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, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below. ## **1.2 Going concern** At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. ## **1.3 Charitable funds** Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity. ## **1.4 Income** Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. - 8 - **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF MUDEFORD ALL SAINTS' CHURCH MUDEFORD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 DECEMBER 2025**_ ## **1 Accounting policies** **(Continued)** ## **1.5 Expenditure** Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use. ## **1.6 Intangible fixed assets other than goodwill** Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity. Amortisation 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: Website development 5 years straight line ## **1.7 Tangible fixed assets** Tangible fixed assets with a value in excess of £1,000 are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. 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: Plant and equipment 5 years 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. ## **1.8 Impairment of fixed assets** At each reporting end date, the charity reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). ## **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. - 9 - **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF MUDEFORD ALL SAINTS' CHURCH MUDEFORD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 DECEMBER 2025**_ ## **1 Accounting policies** ## **(Continued)** ## **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. ## **1.11 Employee benefits** The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. ## **1.12 Retirement benefits** Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. - 10 - **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF MUDEFORD ALL SAINTS' CHURCH MUDEFORD** ## _**FOR THE YEAR ENDED 31 DECEMBER 2025**_ ## **2 Critical accounting estimates and judgements** In the application of the charity’s accounting policies, the trustees 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 assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. - 11 - ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF MUDEFORD ALL SAINTS' CHURCH MUDEFORD** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 DECEMBER 2025**_ ## **3 Income from donations and legacies** |**Unrestricted**
**Unrestricted**
**Restricted**
**funds**
**funds**
**funds**
**general**
**Designated**
**2025**
**2025**
**2025**
**£**
**£**
**£**
Donations and gifts
82,758
68,934
325,180
Legacies
-
10,000
-
Grants
6,597
4,348
3,217
89,355
83,282
328,397
**Donations and gifts**
CAF and stewardship
2,200
-
-
Collections
3,670
-
-
Donations
38,651
-
-
Donations relating to rebuild
-
68,934
325,180
Envelopes
1,948
-
-
Regular giving
36,175
-
-
Sumup
114
-
-
82,758
68,934
325,180|**Total**
**Unrestricted**
**Unrestricted**
**Restricted**
**funds**
**funds**
**funds**
**general**
**Designated**
**2025**
**2024**
**2024**
**2024**
**£**
**£**
**£**
**£**
476,872
48,189
61,263
417
10,000
11,633
-
28,000
14,162
9,313
9,485
1,847
501,034
69,135
70,748
30,264
2,200
3,500
-
-
3,670
3,737
-
-
38,651
1,500
-
417
394,114
-
61,263
-
1,948
3,310
-
-
36,175
36,096
-
-
114
46
-
-
476,872
48,189
61,263
417|**Total**
**2024**
**£**
109,869
39,633
20,645| |---|---|---| |||170,147| |||3,500
3,737
1,917
61,263
3,310
36,096
46| |||109,869| - 12 - ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF MUDEFORD ALL SAINTS' CHURCH MUDEFORD** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 DECEMBER 2025**_ |**3**
**Income from donations and legacies**
**Unrestricted**
**Unrestricted**
**Restricted**
**funds**
**funds**
**funds**
**general**
**Designated**
**2025**
**2025**
**2025**
**£**
**£**
**£**
**Legacies**
Legacies
-
10,000
-
-
10,000
-
**Grants**
Gift aid tax
6,597
4,348
-
Missionary - Mission pot
-
-
3,217
6,597
4,348
3,217|**Total**
**Unrestricted**
**Unrestricted**
**Restricted**
**Total**
**funds**
**funds**
**funds**
**general**
**Designated**
**2025**
**2024**
**2024**
**2024**
**2024**
**£**
**£**
**£**
**£**
**£**
**(Continued)**
10,000
11,633
-
28,000
39,633
10,000
11,633
-
28,000
39,633
10,945
9,313
9,485
-
18,798
3,217
-
-
1,847
1,847
14,162
9,313
9,485
1,847
20,645|**Total**
**Unrestricted**
**Unrestricted**
**Restricted**
**Total**
**funds**
**funds**
**funds**
**general**
**Designated**
**2025**
**2024**
**2024**
**2024**
**2024**
**£**
**£**
**£**
**£**
**£**
**(Continued)**
10,000
11,633
-
28,000
39,633
10,000
11,633
-
28,000
39,633
10,945
9,313
9,485
-
18,798
3,217
-
-
1,847
1,847
14,162
9,313
9,485
1,847
20,645| |---|---|---| |||39,633| |||18,798
1,847| |||20,645| - 13 - **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF MUDEFORD ALL SAINTS' CHURCH MUDEFORD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 DECEMBER 2025**_ ## **4 Income from charitable activities** ||**Unrestricted**|**Unrestricted**| |---|---|---| ||**funds**|**funds**| ||**2025**|**2024**| ||**£**|**£**| |**Charitable activities**||| |Art club|800|776| |Book club|124|72| |Cameo|-|75| |Coffee Mornings|722|917| |Fees funerals and weddings|171|195| |Little saints and stars|558|732| |Messy church|295|396| ||2,670|3,163| - 14 - ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF MUDEFORD ALL SAINTS' CHURCH MUDEFORD** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 DECEMBER 2025**_ ## **5 Income from other trading activities** |**Unrestricted**
**Unrestricted**
**Restricted**
**funds**
**funds**
**funds**
**general**
**Designated**
**2025**
**2025**
**2025**
**£**
**£**
**£**
Fundraising events
8,610
10,843
497
Other income
2,550
-
-
Other trading activities
11,160
10,843
497|**Total**
**Unrestricted**
**Unrestricted**
**Restricted**
**funds**
**funds**
**funds**
**general**
**Designated**
**2025**
**2024**
**2024**
**2024**
**£**
**£**
**£**
**£**
19,950
7,612
1,256
-
2,550
1,894
-
-
22,500
9,506
1,256
-|**Total**
**2024**
**£**
8,868
1,894| |---|---|---| |||10,762| - 15 - **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF MUDEFORD ALL SAINTS' CHURCH MUDEFORD** ## _**FOR THE YEAR ENDED 31 DECEMBER 2025**_ |**6**
**Income from investments**
**Unrestricted**
**Unrestricted**
**funds**
**funds**
**general**
**Designated**
**2025**
**2025**
**£**
**£**
Income from listed
investments
-
-
Interest receivable
9,638
21,098
9,638
21,098|**Total**
**Unrestricted**
**Unrestricted**
**funds**
**funds**
**general**
**Designated**
**2025**
**2024**
**2024**
**£**
**£**
**£**
-
8,665
-
30,736
1,687
1,705
30,736
10,352
1,705|**Total**
**2024**
**£**
8,665
3,392| |---|---|---| |||12,057| ## **7 Other income** ||**Unrestricted**|**Unrestricted**| |---|---|---| ||**funds**|**funds**| ||**2025**|**2024**| ||**£**|**£**| |Other income|4,973|908| |Insurance claims|2,172|-| ||7,145|908| - 16 - **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF MUDEFORD ALL SAINTS' CHURCH MUDEFORD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 DECEMBER 2025**_ ## **8 Expenditure on charitable activities** ||**Charitable**|**Charitable**| |---|---|---| ||**activities**|**activities**| ||**2025**|**2024**| ||**£**|**£**| |**Direct costs**||| |Common mission fund|47,842|52,530| |Heat, light and water|1,056|260| |Insurance|1,289|1,947| |Children's ministry|803|1,110| |Christmas expenditure|750|169| |Fund raising expenses|-|1,242| |Organist|-|950| |Refreshments|675|414| |Service expenses|229|18| |Premises rental|6,392|6,761| |Rebuild - Fund raising|1,595|11,208| |Rebuild - Storage costs|4,124|48,240| |Rebuild - Insurance premium rebate|(1)|3,070| |Rebuild - Prior year adjustments|-|71,461| |Rebuild - Improvement project bills|27,450|-| ||92,204|199,380| |Grant funding of activities (see note 9)|9,689|6,917| |**Share of support and governance costs (see note 10)**||| |Support|18,174|14,049| |Governance|5,222|1,747| ||125,289|222,093| |**Analysis by fund**||| |Unrestricted funds - general|82,367|157,501| |Unrestricted funds - Designated|33,233|62,520| |Restricted funds|9,689|2,072| ||125,289|222,093| - 17 - **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF MUDEFORD ALL SAINTS' CHURCH MUDEFORD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 DECEMBER 2025**_ ## **9 Grants payable** |**Grants payable**||| |---|---|---| ||**Charitable**|**Charitable**| ||**activities**|**activities**| ||**2025**|**2024**| ||**£**|**£**| |Grants to institutions (21 grants):||| |Alzheimer's|300|300| |Bible society|500|500| |Bournemouth spear trust|200|-| |Children Society|300|-| |Christchurch foodbank|500|-| |Christian aid|901|917| |CMS|500|500| |Dorset air ambulance|300|300| |Emergency appeal middle east|500|500| |House of joy|515|500| |Julia's house|500|500| |Julia and Dora house|500|-| |Kinkiiki|500|500| |MAF|300|300| |Macmillan caring locally|300|300| |Mission africa|473|500| |MSF withouth frontiers|500|-| |Practical action|300|-| |Shelterbox|300|-| |Shoe box|-|300| |USPG|500|500| |Without borders|-|500| |Zambia Project|1,000|-| ||9,689|6,917| - - 18 - ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF MUDEFORD ALL SAINTS' CHURCH MUDEFORD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 DECEMBER 2025**_ ## **10 Support costs allocated to activities** |Staff costs
Depreciation
Bank charges
Subscriptions
Children worker expenses
Clergy and church expenses
Printing
High cross joint council
IT expenses
Licences
Office and administration
Sundry
Governance costs
**Analysed between:**
Charitable activities
**11**
**Net movement in funds**
The net movement in funds is stated after charging/(crediting):
Fees payable for the independent examination of the charity's financial statements
Depreciation of owned tangible fixed assets
Amortisation of intangible assets|**2025**
**£**
11,093
70
620
212
-
1,779
742
2,400
-
718
338
202
5,222
23,396
23,396
**2025**
**£**
360
-
70|**2024**
**£**
7,005
280
417
235
338
1,083
1,198
2,400
56
661
344
32
1,747| |---|---|---| |||15,796| |||15,796| |||**2024**
**£**
420
280
-| ## **12 Trustees** None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. ## **13 Employees** The average monthly number of employees during the year was: |**2025**|**2024**| |---|---| |**Number**|**Number**| |1|2| - 19 - **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF MUDEFORD ALL SAINTS' CHURCH MUDEFORD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 DECEMBER 2025**_ |**13**
**Employees**
**Employment costs**
Wages and salaries
Other pension costs|**(Continued)**
**2025**
**2024**
**£**
**£**
10,920
6,795
173
210
11,093
7,005|**(Continued)**
**2025**
**2024**
**£**
**£**
10,920
6,795
173
210
11,093
7,005| |---|---|---| |||7,005| There were no employees whose annual remuneration was more than £60,000. ## **14 Taxation** The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. ## **15 Intangible fixed assets** |**Cost**
At 1 January 2025
Additions - separately acquired
At 31 December 2025
**Amortisation and impairment**
At 1 January 2025
Amortisation charged for the year
At 31 December 2025
**Carrying amount**
At 31 December 2025
At 31 December 2024
**16**
**Debtors**
**Amounts falling due within one year:**
Other debtors
Prepayments and accrued income|**Website**
**development**
**£**
-
2,100
2,100
-
70
70
2,030
-
**2025**
**2024**
**£**
**£**
28,814
3,060
127
197
28,941
3,257|**Website**
**development**
**£**
-
2,100
2,100
-
70
70
2,030
-
**2025**
**2024**
**£**
**£**
28,814
3,060
127
197
28,941
3,257| |---|---|---| |||2,100| |||-
70| |||70| |||2,030| |||-| |||**2024**
**£**
3,060
197| |||3,257| - 20 - ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF MUDEFORD ALL SAINTS' CHURCH MUDEFORD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 DECEMBER 2025**_ |**17**
**Creditors: amounts falling due within one year**
Trade creditors
Other creditors
Accruals and deferred income
**18**
**Retirement benefit schemes**
**Defined contribution schemes**
Charge to profit or loss in respect of defined contribution schemes|**2025**
**£**
387
423,462
6,971
430,820
**2025**
**£**
173|**2024**
**£**
149
99,328
9,781| |---|---|---| |||109,258| |||**2024**
**£**
210| The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund. ## **19 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 At 31 December**|**Transfers At 31 December**| |---|---|---|---|---|---| ||**2025**|**resources**|**expended**||**2025**| ||**£**|**£**|**£**|**£**|**£**| |Energy|1,512|-|-|(1,512)|-| |Mission Pot|539|3,217|(9,689)|7,378|1,445| |Sky Dive|-|497|-|-|497| |Rebuild - Accessibility|-|190,244|-|-|190,244| |Rebuild - Funiture|-|9,936|-|-|9,936| |Rebuild - Charitable trusts|-|125,000|-|14,000|139,000| |Rebuild - Public donations|-|-|-|78,585|78,585| |Rebuild - Fundraising events|-|-|-|10,843|10,843| |Rebuild - Church members appeal|-|-|-|109,035|109,035| ||2,051|328,894|(9,689)|218,329|539,585| - 21 - ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF MUDEFORD ALL SAINTS' CHURCH MUDEFORD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 DECEMBER 2025**_ |**19**|**Restricted funds**|||||**(Continued)**| |---|---|---|---|---|---|---| ||**Previous year:**|**At 1 January**|**Incoming**|**Resources**|**Transfers At**|**31 December**| |||**2024**|**resources**|**expended**||**2024**| |||**£**|**£**|**£**|**£**|**£**| ||Bells|100|-|-|(100)|-| ||Christian Aid|-|417|(417)|-|-| ||Energy|1,652|-|(140)|-|1,512| ||Fire Fund|13,910|-|-|(13,910)|-| ||Flower|449|-|-|(449)|-| ||Kinkiizi|-|186|(186)|-|-| ||Mission Pot|207|1,661|(1,329)|-|539| ||Organ|48,000|-|-|(48,000)|-| ||Outreach|50,000|-|-|(50,000)|-| ||Piano|3,099|-|-|(3,099)|-| ||Rebuild|-|28,000|-|(28,000)|-| ||Simms Funeral Music Activity|90|-|-|(90)|-| |||117,507|30,264|(2,072)|(143,648)|2,051| ## **20 Unrestricted funds - Designated** These are unrestricted funds which are material to the charity's activities. ||**At 1 January**|**Incoming**|**Resources**|**Transfers At 31 December**|**Transfers At 31 December**| |---|---|---|---|---|---| ||**2025**|**resources**|**expended**||**2025**| ||**£**|**£**|**£**|**£**|**£**| |Rebuild|153,947|115,223|(33,233)|(212,463)|23,474| |**Previous year:**|**At 1 January**|**Incoming**|**Resources**|**Transfers At 31 December**|| ||**2024**|**resources**|**expended**||**2024**| ||**£**|**£**|**£**|**£**|**£**| |Mortimer Ricardo|2,468|-|-|(2,468)|-| |Rebuild|-|73,709|(62,520)|142,758|153,947| ||2,468|73,709|(62,520)|140,290|153,947| - 22 - **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF MUDEFORD ALL SAINTS' CHURCH MUDEFORD** ## _**FOR THE YEAR ENDED 31 DECEMBER 2025**_ ## **21 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**|**Incoming**|**Resources**|**Transfers At 31 December**|**Transfers At 31 December**| |---|---|---|---|---|---| ||**2025**|**resources**|**expended**||**2025**| ||**£**|**£**|**£**|**£**|**£**| |General funds|112,599|119,968|(82,367)|(5,866)|144,334| |**Previous year:**|**At 1 January**|**Incoming**|**Resources**|**Transfers At 31 December**|| ||**2024**|**resources**|**expended**||**2024**| ||**£**|**£**|**£**|**£**|**£**| |General funds|173,678|93,064|(157,501)|3,358|112,599| |**Analysis of net assets between funds**|||||| |||**Unrestricted**|**Unrestricted**|**Restricted**|**Total**| |||**funds**|**funds**|**funds**|| |||**general**|**Designated**||| |||**2025**|**2025**|**2025**|**2025**| |||**£**|**£**|**£**|**£**| |**At 31 December 2025:**|||||| |Intangible fixed assets||2,030|-|-|2,030| |Current assets/(liabilities)||142,304|23,474|539,585|705,363| |||144,334|23,474|539,585|707,393| |||**Unrestricted**|**Unrestricted**|**Restricted**|**Total**| |||**funds**|**funds**|**funds**|| |||**general**|**Designated**||| |||**2024**|**2024**|**2024**|**2024**| |||**£**|**£**|**£**|**£**| |**At 31 December 2024:**|||||| |Current assets/(liabilities)||112,599|153,947|2,051|268,597| |||112,599|153,947|2,051|268,597| ## **22 Analysis of net assets between funds** - 23 - **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF MUDEFORD ALL SAINTS' CHURCH MUDEFORD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 DECEMBER 2025**_ ## **23 Related party transactions** ## **Transactions with related parties** During the year the charity entered into the following transactions with related parties: During the year, connected individuals to a trustees of The Parochial Church Council of the Ecclesiastical Parish of Mudeford donated £190,244 (2024: £Nil). At the end of the year, these funds are held within restricted reserves, under the Rebuild - Accessibility fund. |||**Donations and**|**legacies**|| |---|---|---|---|---| |||**2025**||**2024**| |||**£**||**£**| ||Other related parties|190,244||-| |**24**|**Cash generated from operations**|**2025**||**2024**| |||**£**||**£**| ||Surplus/(deficit) for the year|438,796|(25,056)|| ||**Adjustments for:**|||| ||Investment income recognised in statement of financial activities|(30,736)|(12,057)|| ||Amortisation and impairment of intangible assets|70||-| ||Depreciation and impairment of tangible fixed assets|-||280| ||**Movements in working capital:**|||| ||(Increase) in debtors|(25,684)||(647)| ||Increase in creditors|321,562|106,858|| ||**Cash generated from operations**|704,008|69,378|| ## **25 Analysis of changes in net funds** The charity had no material debt during the year. - 24 -