ANNUAL REPORT AND FINANCIAL STATEMENTS For the year ended 31 December 2025 The Parochial Church Council of St Michael and All Angels, Farnsfield Table of Contents Trustees Report Receipts and Payments Account Statement of Assets and Liabilities 4-6. Notes to the Financial Statements Independent Examiner, s Report /iii PRAYING I SOWING I SERVING I fJROWING
2025 Report and Accounts for the Parochial Church Council of St Michael and All Angels, Farnsfield. Aims and purposes St Michael and All Angels Parochial Church Council (PCC) has the responsibility of cooperating with the incumbent, the Reverend Chris Pearse, in promoting the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical. Objectives and Activities In line with our Growing Disciples Plan and our ' l O-in-l O, Vision (to see 'lO% of thepeople in Farusfield living as devotedfollowers ofJesu,s within JO years ') the PCC is committed to enabling as many people as possible to engage with our church, find encouragement and support, become part of our worshipping communities, and grow in their faith and discipleship to Jesus. The PCC maintains an overview of worship and mission throughout the parish and makes suggestions on how our services and ministries might best connect with the diverse community in which we are placed. Our gathered worship enables us to put faith into practice through prayer and Scripture, music and sacrainent and equips us to go out and share the Good News of Jesus with our community. We continue to work in line with our Diocesan Vision: 'Living Hope: Growing Disciples of Compassion, Confidence, & Courage., When planning our activities for the year, we have consideration for the Charity Commission's guidance on public benefit and, in particular, the supplementary guidance on charities for the advancement of religion 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 Mission and outreach work. To facilitate this work, it is important that we are good stewards of the financial and material resources that we have. ACHIEVEMENTS AND DEVELOPMENTS Worshi Pra er & Disci leshi The PCC is keen to offer a range of services and opportunities for prayer and worship during the week and over the course of the year that connect with our local community and equip us all to go deeper in our faith and discipleship to Jesus. We have identified some key markerslvalues for our life together as a PRAYING SOWING I SERVIMO I OR01
church.. 'Praying, Sowing, Serving, Growing, and continue to work to embed these. Our regular service pattern (established in September 2021 } of two Sunday morning services (9.15am & 10.30am) has continued throughout 2025. These two services are intentionally different in style and aim to connect with different groups of people within our community. It has been great to see both of these setvices flourish over this past year and to see many new people finding a home at St Michael's alongside our longstanding members, and we now have regularly around 120 people (adults & children) attending each Sunday morning. To keep a sense of togetherness we have enjoyed the occasional shared service too and our shared coffee times between the services each week are always a good time to get to know one another. Our 9.15am service has maintained its regular service pattern with Holy Communion services on the I ' & 3, Sundays of the month and Morning Praise th services on the 2. & 4 Sundays. The organist and choir's regular involvement in leading our sung worship has been hugely appreciated and greatly enhances our services. The 10.30am service is more informal in style and with children and young people's provision each week has been very popular with families. We are now seeing over 40 children attendingi most Sundays and have three age groups for children and young people meeting each week (1-4s, 4-9s, 10-13s) and an amazing team of staff and volunteers who serve in various ways. Going forwards we are planning on launching a fourth children, s group to enable the growth we are seeing to continue and ensure teaching can be tailored effectively. In September 2025 we also began a new monthly evening service called 'Abide' which is much more reflective in style with space for bible readings, prayer and an extended time of sung worship. This has been well attended so far and has complimented well our existing moming pattem. We enjoyed special services at Easter, Harvest, Remembrance and Christmas, and special 'Remembering Service, for those who have lost loved ones in recent years. Numbers were noticeably higher at Easter and Christmas services and thought is being given to how we might increase capacity for future years. In addition, we have continued to enjoy hostiiig the end of term services for St Michael's School, as well as a 'Foundation Service, for new starters. Tuesday Moming Prayer on Zoom, Tuesday Prayer Group, and Bible Chat have continued weekly, providing encouragement and spiritual nourishment to those attending, and the Midjveek Communion service (which began in September 2023) has continued to meet monthly on Wednesday mornings. This service PRAYING SOWING I SERVIMO I OR01
continues to be hosted by our Visiting Team and provides a good opportunity for another group ol people to join in with the worship life of our church and find friendship and fellowship. We have continued to upload Sunday talks and readings to our website which remains a good way to stay connected with those unable to attend services in person. Connect our After-school Church continues to be well supported and has continued to meet weekly through tern] time. Numbers have been good throughout the year with between 35-50 children attending each week along with their parents/carers. We've continued to welcome visitors from other churches around the diocese and enjoyed some exciting 'Connect Specials, along the way including a Good Friday Trail, a Light Party, and a Nativity Trail. These have all been great fun and well attended have been effective 'bridging events, enabling us to welcome our Connect families into the church building. The 'Tuesday Youth, group which launched in May 2024 has gone from strength to strength in 2025 and at the end of the year there was an average of 24 11-18 year olds attending each week, which is wonderful to see. Grace and Andy continue to work together to ensure there is a good transition between year 6 and year 7, and it's been great to see the fruit of this with many Year 7's continuing their engagement with church and faith either on Sunday Mornings, Tuesday Evenings, or at Connect. Grace took 4 young people to DTI (Dreaming the Impossible) Festival in August 2025 (in partnership with a team from St Mary's Newark) & a small group of adultslfamilies also attended the Awaken Festival later that same month. These t"estivals provide a great opportunity for people of all ages to gather with other Christians for discipleship, worship and prayer and are always so encouraging to attend. Plans are undetway to attend these festivals (with larger groups) this coming August. Our dedicated team of Licensed Lay Ministers, Readers, Clergy, and Musicians continue to do a great job leadiiig our worship and preaching week by week, and we are hu ateful to the man amazin volunteers and team members who serve across a variety of areas to enable our worship life to flourish. As well as our regular services, we enable our community to celebrate and thank God at the milestones of the journey through life. Through baptism we thank God for the gift of life and make commitments in faith. in marriage, public vows are exchanged with God's blessing; through funeral services friends and family express their grief and give thanks for the life that is now PRAYING SOWING I SERVIMO I OR01
complete in this world, and commend the person into God's keeping. In 2025 we had 18 baptisms (including 13 adults) and l Marriage Blessing service. We also had I I funerals in church and 8 burial of ashes services in the churchyard. At the end of 2025 there were 103 parishioners on the church electoral roll. With a full renewal of the roll 39 names were added during the year and 33 were removed (either through death or because they didn't reapply). Pastoral Care There continues to be a good network of infornial support within our church and village community, and our St Michael's Visiting Team continued to operate through 2025. This team exists to offer spiritual and pastoral care to those who are housebound, bereaved, or in need of support in our village and church community. Home communion is available for those who would appreciate it, or simply a visit, chat, or prayer. The Ark Coffee Morning continued to meet on Friday mornings throughout 2025 and continues to provide a welcoming place for people across our village to come and enjoy time together. Small Groups have not been meeting in 2025 but thought has been given to how we might relaunch these this coming year. A mixture of 'Homegroups' and 'Connect Groups, are being explored so that, as we grow as a church, we can ensure that everyone is supported, encouraged in faith, and connected in. We have also had the occasional 'Friendship and Fun, gathering (including a Shrove Tuesday 'Beetle Drive,) which have enabled people from across our congregations to meet and enjoy time together. Mission and Evan elism As a PCC and Leadership Team we continue to work with the diocese team on our Growing Disciples Plan which helps to shape our missional direction as a church. The plan is now renewed tennly as we work towards our overarching vision and seek God on the next steps together. We had an encouraging PCC & Leadership Away Day in October where we spent time reflecting on how we can continue to position ourselves well in this season for the growth God is bringing. Paul's words in I Corinthians 3.5-9 'God brings the growth.. you are God's field, continue to guide our thinking and prayers in this exciting season. It was fantastic to be able to run 3 Alpha Courses in 2025 (as well as Youth Alpha) which were well attended and really impactful for all those involved. PRAYING SOWING I SERVIMO I OR01
The Alpha Course enables people, whatever their background, to explore the big questions of life and faith together and go deeper in their understanding and commitment. Following on from Alpha it was a joy to be able to run an 'Exploring Baptism, course which led to 13 adults being baptised in the autumn. Helping those in need is a core part of our Christian faith and witness and we seek to support our local community and those further afield in a number of ways. Our St Michael's Choir continues to provide a great opportunity to invite members of our village into our church and enjoy singing together- some make the journey to Sunday's too, helping lead the sung worship at our 9.15am services - and we are very gratefijl to Ian Boothroyd, Eve Griffiths, and Polly Illingworth for their continued oversight of this. Our Tuesday Toddler group 'Shining Stars, has developed well under Andy's leadership through 2025. This group enables those with babies and toddlers to connect and build relationships with each other and with the church. As a church we also remain heavily involved in the Foodbank effort across the village with a number of church members on the Foodbank team, and the Farnsfield Refugee Outreach Group has also continued its important work of helping refugees in the local area to settle in and has received a couple of grants to support them in this. As a church we continue to support other Christian organisations and Charities and in 2025 it was a joy to be able to give financially to our 'Missional Giving Partners,. These include our CMS (Church Mission Society) Mission Partners, Rosie & Stu Bayford (who are based in North-Eastem Brazil), Lifespring Chiirch Foodbank, Betel, and the Empnaus Project in Newark. The aim with these 'Mission Partners, is that alongside offering financial support we can develop meaningfijl relationships with them and offer prayerful and practical help too. Alongside this, the Charity Shop team choose a number of other charities and initiatives to give to each year as well, and in 2025 charities such as Myeloma UK, Cardiac Risk En the Young, the Orchard School, and the British Red Cross were supported financially. Hel in to Resource Other Churches This past year has also seen us continuing to look beyond our own parish and offering resource and support to other local churches. We are committed to supporting our Cluster churches (Kirklington, Maplebeck and Winkbum) who PRAYING SOWING I SERVIMO I OR01
continue with their regular pattern of worship and community engagement with support from the Farnsfield team. In 2025 we completed our first set of Young Worshipper Workshops with a cohort of 12 young people attending (both from our own church and other churches in our diocese). The aim of these YWWS is to encourage and equip young people to grow in their musical giftings and their understanding of sung worship. Tt felt a great start and is an initiative we are keen to build on going forwards. As an extension of her work here in Farnsfield Grace Aldridge continues to head up the Flourish Pilot in the Minster School which has had a great year in 2025 with a good core group of students attending, supporting its development, and growing in their giftings and leadership. Alongside all of this 2025 saw some initial steps taken for the launching of the new 'Rural Cluster, for which St DAichael' s has been nominated as the hub church, with Rev. Chris Pearse taking on the role of 'Lead Mission Enabler,. The idea with this new Cluster is to draw together a number of rural churches into a 'missional and strategic partnership, to help resource new ministy and enable more people within our communities to explore faith and come to know Jesus. Our new cluster includes the Farnsfield Group, Bilsthorpe & Eakring, the Riverside Group, Edingley & Halam, and the West Trent Benefice. Rev James Moring was licensed as Priest in Charge of West Trent (and one of the new 'Mission Associates, for the Cluster) back in July 2025 and they have already begun a new worshipping community in Rolleston. In October 2025 it was good to be able to invite church members from across the cluster to an initial gathering at St Michael's, and good progress was made too on the funding and recruitment processes. Now into 2026 we have 3 of the 4 staff roles appointed and work can begin in earnest to develop a wider vision for the cluster as a whole and plan out some initial steps. Staffin & Volunteers We continue to have a vibrant and growing staff team at St Michael's which meets regularly together to pray and prepare for mission and ministry. Throughout 2025 Andy Proffitt has continued his excellent work as our Children and Families Minister. As well as overseeing the children's groups (O- l Os) at our l 0.30am Sunday service, leading the running of Connect, and leading our Tuesday morning toddler group 'Shining Stars,, Andy continues to build on our strong connections with the school and has also been working hard PRAYING SOWING I SERVIMO I OR01
in the background as our 'Deputy Lead Recruiter, to help ensure that Safeguarding and DBS requirements are being kept up to date. Grace Aldridge continues to bring a great deal to our church and team in her role as Youth Minister (with Contemporary Worship siipport). It's been wonderful to see new ministries continue to flourish under her leadership, new teams developing around her, and to see so many young people continuing to grow in their faith. Grace's role has been supported initially through the diocese by some SDF 4 funding (Strategic Development Fund), and we will need to work together as a church in the coming months to ensure the financial stability of this important role longer terni. Lyndsay Townsend joined our staff team as our Charity Shop Manager back in 2024 and has continued her brilliant work overseeing the Inspiration Shop & team with passion, dedication and enthusiasm. She also continues to be a key member of our children & youth teams, overseeing the Sunday morning creche team, as well as offering support at Connect and Tuesday youth. After completing his first-year internship in July 2025 Rowan Aldridge signed up for another year from September and has since then been part of the 'Leadership Track, with the diocese. Through his internship Rowan has been involved in a variety of areas including supporting the development of our Prayer & Worship as a church, helping with Alpha and Toddlers, and preaching, and we are grateful for all he has brought to the team. It was a joy to be able to appoint Hilary Poyner to the role of Parish Assistant & Administrator back in August 2025. Hilary is employed for 12 hours per week and has made a great start in her role which includes being our PCC Secretary, supporting with background tasks and administration, and helping us get on top of our organisational structures and processes. It was also a joy to welcome Pete Balchin & his family back in June to be our new curate in the Famsfield group of churches. Pete was ordained 'deacon' at St Michael, s Church by Bishop Paul on 21" September and since arriving has got stuck into a number of niinistry areas including Connect, Youth, and service leadinglpreaching. It has also been a time of stepping out into new things (such as leading funeral services) as part of his new ordained ministry. Charlie Mathews has continued in his role as our church organist, and we very much appreciate his contribution to our worship at St Michael's week by week. Alison Slinger continues to offer accounting support to the church Treasurer and PCC and we remain hugely thankful for her invaluable support and input. PRAYING SOWING I SERVIMO I OR01
Whilst not employed, Trine Pearse continues to be an essential member of our core team olfering her gifts and passions to help our mission to thrive - and we are of course blessed to have a two very dedicated Church Wardens in Geoff Illingworth & Ian Griffiths, a wonderful PSO in Kim Smith, some fantastic LLMslReaders, and a very committed PCC. Work will continue in the coming year to develop PCC 'sub-committees' to support the work of the PCC and those in key roles across our growing church. We of course remain hugely reliant upon our many dedicated volunteers for our mission and ministry to flourish as a church. It's a big team effort and we are rate1 to all those who ive of their time mone and skills to su ort the work here in so man different wa Chari Inspiration Charity Shop has gone from strength to strength in 2025 and continues to be a real blessing to both the village at large and to the church, raising invaluable funds in support of our ministry as a church, and providing a welcoming meeting point in the village. Lyndsay Townsend continues to do a fantastic job managing the shop and overseeing the team of volunteers and, as ever, we are very thankful to all those who volunteer their time and energy there. Particular thanks go to Christine McGregor, Janet Boothroyd, and other members of the Shop Management Committee, for all the hard work they put in. Deane & Diocesan S nod Judith Alcock has been serving as our Deanery Synod representative. 2026 is the year for Deanery Synod reps to be reappointed and, due to the size of our electoral roll, we are able to nominate up to 3 members to stand. Ian Boothroyd, given his role on the General Synod, also sits on Deanery Synod & Diocesan Synod, along with Chris & Trine Pearse. This, along with Clergy Chapter and other points of contact with the diocesan team, ensures a strong link is maintained between the parish and the wider work of our Deanery & Diocese. Financial Review The total income for the church was £265,776 which has exceeded the threshold of £250,000 for preparing accounts on the receipts and payments basis. This year the accounts have been prepared using the accruals basis. The income from unrestricted planned giving increased by 12 % to £47,779. This is very welcome news and follows on from a year-on-year increase since 2021. In 2025 there was significant grant income of £58,604 which is detailed in the notes to the accounts. The income from the Inspiration charity shop has continued to increase. The net proceeds in 2025 were £69,820. (£65,772 in 2024.) PRAYING SOWING I SERVIMO I OR01
£166,340 was spent from unrestricted funds and £52,912 from restricted funds to provide the Christian ministry Irom St Michael and All Angels Church, including the contribution to the diocesan parish share that largely covers the stipends and housing costs for the clergy, alongside diocese support and training of new lay and ordained ministers. During the year the fixed pipe organ was removed and replaced with a moveable digital organ at a cost of £42,180. This left a usable space that is being converted into a new room for office space and use by various groups. The net result for the year was an excess of payments over receipts of £18,379 on unrestricted funds. This is largely due to the costs of the new organ and the new room refurbishment which have been mitigated by using the organ fund and the redevelopment fund to cover some of the costs. Adding bank and deposit balances brought fonvard at the beginning of the year, the balances carried forward at 31" December on unrestricted funds totalled £130,367. The restricted fldS of £82,661 are detailed in the accounts. Reserves Polic It is a good PCC policy to try to maintain a balance on unrestricted funds that equates to at least three months, payments which in 2025 was £54,813. In line with PCC policy, a £45,000 provision from the general fund has been designated to provide for the ftiture rentals due on the charity shop lease. The rent is £20,000 yearly with a three year break clause. The cash balance of £130,367 held in unrestricted general funds at the year end more than covers both these requirements. The forecasts for 2026 and 2027 show anticipated deficits as some of the grants come to an end, but do not predict that the reserves policy will be breached until 2028. The PCC will continue to look for an increase in planned giving and make grant applications to ensure financial security into the ture. Structure overnance and mana ement The Parochial Church Council is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure. The method of appointment of PCC members is set out in the Church Representation Rules. At St Michael and All Angels, the membership of the PCC consists of the incumbent (our vicar), churchwardens, and members elected by those members of the congregation who are on the electoral roll ol the church. iioi PRAYING SOWING I SERVIMO I OR01
The PCC members are responsible for making decisions on all matters of general concem and importance to the parish, including deciding how the funds of the PCC are to be spent in line with our mission and ministry objectives. Administrative information St Michael and All Angels Church is situated in Farnsfield, Nottinghamshire. It is part of the Diocese of Southwell and Nottingham within the Church of England. The PCC is a body coryiorate (PCC Powers Measure 1956, Church Representation Rules 2011) and a charity registered with the Charity Commission with number 1192128. Iiii PRAYING SOWING I SERVIMO I OR01
PCC members who have served at any time from l January 2025 until the date this report was approved are. Ex officio members: Incumbent.. Reverend Christopher Pearse (Chair) Warden: Geoffrey Illingworth Warden: Ian Griffiths Curate: Reverend Peter Balchin (Curate - from 21" September 2025) lan Boothroyd (elected lay member of General Synod) Elected Deanery Synod Representatives (and &Y officio members of the PCC).. Judith Alcock Elecled members PCC.. Corinne Moore (to APCM 2025) Robert Main (to APCM 2025) Sophia Ilving (to 2026) Alexandra Illingworth (to 2026) Victoria Greaves (to 2027) Alex Varley (to 2027) Martin Foster (to 2028) Soraya Mahjouri-Francis (to 2028) Holly Halstead (to 2028) Co-opted members.. None Officers Appointed by the PCC.. Hilary Poyner (PCC Secretary) -from 17, September 2025 Alison Slinger {AccountantlPlanned Giving Secretary/Treasurer) lan Griffiths (Vice Chair) Eve Griffiths (Electoral Roll Officer) Kim Smith (Parish Safeguarding Officer) th Approved by the PCC on: 11 March 2026 and signed on their behalf by: (Rev Chris Pearse) 1121 PRAYING SOWING I SERVIMO I OR01
1odependeDt Examiner's Report to the PCC of St Michael Ydnd All Angelj Chllrc Farn5field. I report on the accA)unts of the churcb for the year ¢nded 31" D¢MIr 2025. Respective Responsibilities of TnteeS and Examiner: The chuwh's tnjstees are responsible for the preparation of the accounts. The church's trustees wDsidcT that an audit is noi required for this year under section 14412) of the Clwities Act 2011 (the 2011 Act) and that an Indeent ¢xamiDation is needed. It is my responsibility to: Examine the accounts (Under section 145 of the 2011 Act). To follow the procedures laid down in the General Directions given by th¢ Charity Commissioners (under section 145(5)(b) of the 2011 Act). and To state whether particular matters have come to my attentio Ba8L4 of Independent Ewniner'& report My examination was caled out in accordance with the general Directions given by the Charity Cotnmission. An examination includes a review of the accounting records k¢pt by the charity and a comparison of tbe accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you &s trustees concerning any such rnatte. The procedures undertaken do not provide all the evidence that would Ix required in an audit and consequently no opinion is givcn &s to whether the accounts present a 'true and fair view, and the rert is limited to those matters set out in the sthtemtht below. Independent examiner's stalement tD connectkon with my examinatiory no n]atter has come to my atkntion: l. Trvhich gives reasonable cause io believe that in any Materi respeci of the requirements To kwp kwwunLing records in acoordanc¢ with sectlon 130 of tbe 2011 ArA' and To prepare acUnts which accord with the accounting records and comply with the accounttng Tequirements of the 2011 Act have not ken mel: or 2. to whicb. in my Opinio attention should b¢ drawn in order to enable a proF¢r understding of the accounts to be reached. Rev John Cole FCA I l Long Meadow Farnsfield Notts NG22 8DR
PAROCHIAL CHURCH COUNCIL OF ST MICHAEL AND ALL ANGELS CHURCH FARNSFIELD Stgtement of Finaneial Aetivities Note Unrestricted R¢stricted tunds tunds TOTAL 2025 Llt]r¢strict¢d Re5tricl¢d funds tunds TOTAL 2024 INCOMINCI RE£OIJRCES Voluiilary incoin¢ Planned Gii'ing Collections ai serN'ices Gitt Aid ricovcfLd Dunatii)ns T.ega¢i¢s Grants 47,779 3.589 10.019 816 100 2,673 64.976 49.289 4,820 10,610 2.243 100 58,604 125,666 42,510 2,965 270 438 137 150 42,780 3.4U3 11.329 591 1,427 1.026 55.931 60.690 ,050 58.743 17,465 18,460 18,515 77.2U3 ALtiNiles f()r generating fund% Tnspiration Charity Shop Other 2b 125.441 612 125,441 612 107.201 430 107.201 1,246 816 InvLsimLnt Incomi 5,381 ,562 6.943 3,058 2.629 5.687 Church activiti¢s IW¢dding and Fuiieral F¢¢sl 7,114 6,608 6,608 Toial receipts 203.524 62,95? 265,776 176.040 21,905 197.945 RESOIJRCES EXPENDED Church Activities Parish Share ClcrE)' and siatling costs ChurLh SerNiLes Adrninistration Churcli preirises costs Oiher expenses Mission gii'ing and donaiions 53,iK)U 53,000 64,914 19.356 4.713 27.333 35,025 46,939 39,179 14.028 5.403 17.767 416 46,939 56.179 15.084 5,658 19.528 1,629 5.956 150.973 23,596 2.890 415 -398 19,162 5,451 i2,912 17,000 1.056 255 3b 16.466 4,298 25.935 15.863 9.460 166.340 3d 3f 300 21.58) ?19.2 j2 129.3118 Costs of generating funds 3g 55,621 55,621 41.429 41,429 Toial rLsoiIfcL LXP-mdLd 221.961 52,912 274,873 170,817 21.58) 192.402 N¢t incoming r¢sourc¢s kfor¢ transf¢rs 18,437 9.340 .9,097 5,223 320 5.543 Transters btiween funds 58 -58 Net inu)ming re%()urLe4 fore reL()gni%ed 8aln4111i)%e% 18,379 9,282 -9.097 5.223 320 5,543 ReTraluation gainsllosses on ini'estinents 5b -394 -394 182 182 Net moi'emeni in funds 18.379 8,888 -9,491 5,223 502 5.725 Ralance5 brought fonvaTd l January 148,746 73.773 222.519 143,523 73,271 216,794 Balanccs carricd torward 31 Dcccmbcr 130.367 82,661 213,028 148,746 73,773 222.519
PAROCHIAL CHURCH COUNCIL OF ST MICHAEL AND ALL ANGEtS CHURCH FARNSFIELD Balance Sheet at 31st December 2025 Unrestricted D¢signal¢d Re51ricled funds TOTAL 2025 Ilnrestricted Dignated Resir1Cltd funds (unds runds TOTAL ?024 Fixed aSsS Tangible Tnv¢stin¢nts 40,071 7.845 47,916 40.071 7,845 47.916 5b 8,7.3() 8.239 Current et5 Debtors Short-ierm deposils at hank 2nd in ILgnd 840 75,730 16.243 92,813 840 15i.475 45,000 34,745 76,859 45,000 65,534 187,393 45,000 34,745 172.558 45.000 65.534 215,648 Cr¢dilors 7,446 7.446 ..i68 Nel CUent assets 45.OOJ 10).746 45.000 214.280 Tts1 nei asseis 85,367 45,000 82,661 213.028 103.746 45,000 73.773 222.519 Reprts¢nd by parish fL)nds UnreSEfiLed D¢signat¢d RLsiriLicd IOJ.746 45,000 73.773 222,519 45.noo 82.661 213.U28 Approi'ed by Ihe PLhI1 I Church CoLinLiI on 3nd.£igned oli it% hehalf by Rei. chri8 Pearfie IPCC Chairl The nules fLTrrtll Pdrt uf these aLLouiilg
PAROCHIAL CHURCH COUNCIL OF ST MICHAEL AND ALL ANGELS CHURCH FARNSFIELD Notes to the finaneial statements for the year ended 31st Deeember 2025 Aeeountlng Policies Basis of financial statement5 The fiiiancial slalen)entg have been prepared under the Church Accounting Regulations 2006 in accordance with applicable accounting standards and the currei)t Statement of Recomn)ended Practice, Accoui)ting and Rewrting by Charities ai)d applicable a¢LountinbT Stdndard FRS 102. The financial statements have been prepared under the historical cost convention except for investment assets. which are shown at market value. The financial statements include all transactions. assets and liabilites for which the PCC is responsible in law. This is the first year that the accounts have been prepared under the accruals accounting meth(bd. Fund accounting R¢stri¢ted fi]nds comprise revenue donations or grants for a sp¢cifi¢ PCC activity intended by the donor. Unrestricted funds are income funds that are io be spent on Ihe PCC'S general purposes. Incoming re50ur£es Planned giving, collections and similar donations are recognised when received. Tax refunds are recognised when the incoming resource to which they relate are received. All incomiiig resources are accounted for gross. Resources expended Expenditure is generally recognised when it is incurred aiid is accounted for 0S8. Fixed Assets Consecrated and benefice property is not included in the accounts in accordance with s.10(2Ma) and Ic) of the Charitie5 Act 2011. Movable church futnishings l)eld by the vicar and churchwardei)s tsn special trnst for the PCC and whith require a faculty foi disposal are iiialienable property, listed in tlie church's inventorv, wliich cali be inspected lat an), reasonable tinie). For anJihin¥ acquired before 2025 the assets are not valued in the fiiiancial statements so all Such expenditiire has been written off when incurred. In 2025 a Viscount organ was purchased and is being depreciated on a straight liJ)e basis over 20 years. Investments are valued at market value at 3 1st December.
PAROCHIAL CHURCH COUNCIL OF ST MICHAEL AND ALL ANGELS CHURCH FARNSFIELD Lyotes to the financial statements for the year ended 31st December 2025 Incoming Resources Unrcsirictcd fun(Is Rcsiriclcd fund TOTAL 202) Unrcstricicd fund Rcstrictcd funJ5 TOTAL 2024 Grants.. Famsfield Trust Famsfield P4ri5h C.vuncil Listcd Placcs of W0h1p Schcmc IV.ITI ChurLh Hous¢ Trus1 fi)r Childr¢ns Minisr Church House Trust tor New. Room Henrl Fogg Trusi t()r he. Ro()m SDI.. funding for Youthivorker FLOURISH 2rdnt for Outh,0rk FI.01 IRISH ¥rant f(Ir ¢quiprn¢nl, ¢xpenses SDF tunding tor Youth Worship CTrav Tru%1 grdni fthr arch Notts CC. for 140rk ii'ith retugees A W LNmn tor Christmas Tree 750 300 750 300 216 216 2.623 4,000 12.500 1.663 12.000 14.080 2,036 2,623 4,000 12,500 1,663 12.000 14,080 2.036 4,000 12,000 12,(KK) 1,465 1,465 I,00(J 8.436 1,000 8.436 50 58,604 50 2,673 i5.931 1,050 17,465 b) Inspiratioi) ¢haritv 4hop ii)iom¢'. Takings Adveriising fees ICiasc()inel 124.241 1,2on 125,441 124.241 1.200 125.441 106,001 1.200 107.201 106,UOI 1,200 107,201 Activities for generating funds.. T(Nldler% income Concert5 and fundraising 612 612 430 430 816 1.246 816 816 612 612 430
PAROCHIAL CHURCH COUNCIL OF ST MICHAEL AND ALL ANGELS CHURCH FARNSFIELD Notes to the financial statements for tbe year ended 31st December 2025 Expenditure Unrcsirictcd fun(Is Rcsiriclcd fund TOTAL 202) Unrcstricicd fund RcstfiLtcd funJ5 TOTAL 2024 Clergv dnd %Ltffing ti)%t%'. Clergi. and staff expenses Training and conferences C.hil(Ir¢n'5 Minister staff costs YouihH'orkcr statycosts Adminiblrdivr slarrLOSts Accountanc), fees 2.880 1,326 18,474 11,869 3475 3,294 41,318 2.880 1.326 23,474 30.465 3,475 3.294 64.914 414 4.3i2 17,186 10.219 45)6 2.472 39.179 414 4.352 22,186 22,219 5.000 18,596 5,000 12,000 2,472 i6,179 17,000 b) Church scrviccs.. Ilpk¢¢p of s¢rviL¢5 Organist fees Alpha ai)d nuireach Children'5 activities Conneci 2,974 2,974 6,118 871 8.448 94i 19.356 2,)40 5.605 2,540 5,605 479 5,287 871 5,653 850 16,466 153 657 246 1,056 2.795 95 2.890 4.630 927 14,028 15,084 AJminisirdiion'. Church running costs Printin& %taiionery, Other Admin Bank chargts Fundrdising costs .iL¢nL¢s 1.148 1,502 99 58 1.906 4.713 1.373 2.268 126 21 ,373 2,268 126 137 1,754 1,413 91) 89 l.i80 4,298 326 415 li9 255 5.403 d) Church premise5 COSt5'. Professional fees Insurance Elcctricity. Waier raies Church maintenance Churchvard expenses 545 545 3,220 7,423 220 2,166 i,954 19,528 3,319 7,407 304 8,¥73 6.032 25,935 3,220 7.423 220 1.950 4.954 17,767 7.407 304 9.089 7.214 27.333 216 1,182 1.398 216 1,000 1,761 Oth¢r ¢xp¢n5¢b'. Equipment and refurbishments DepreLldlinn ol'ihe organ 15,863 17,053 2,109 19,162 32.916 2.109 35.025 416 1,213 1,629 15,863 416 ,629
PAROCHIAL CHURCH COUNCIL OF ST MICHAEL AND ALL ANGELS CHURCH FARNSFIELD Lyotes to the financial statements for the year ended 31st December 2025 Exp¢nditurc Unrestricted Restricted TOTAL 202i Unrestricted Restricted TOTAL 2024 Mission GiIng and Donaiions.. c.hurch Mi5biun Socict) Mvcloma UK Cardidi Risk in lh¢ Young Orchard School Lite%pring Church toodbank Lmmaus'l"ru5t Bctcl LIK S4[naril(s Reach Al£heimer% Si)cieiy Brit5h Red Cross National Trusi Minst¢r bLhool chaplaincy bible5 Rcfugcc Suppori Childrens S(i¢i¢lv Royal Brit15h Legion Other Supp(Trrt Fund and SHH grants 2,500 900 900 YOU 8iO 850 850 420 420 42a 25U 100 100 2,500 900 900 900 850 850 850 420 420 420 250 100 100 4.130 645 43¥ 238 1,700 1,71K) 600 1.050 1,050 300 300 300 300 300 4,130 645 438 238 300 300 850 3)6 200 5.656 850 356 200 UkrainL J(Ihll F.its1.Ud H05PiL¢ 9,460 5,451 300 gl C051s of generating funds.. Charity shop expenditure Rcnt Shop Managcr Rai¢s Electricity Water Insurance National Dry. Clcancrs Oth¢r ii)sls 20,000 23,050 20,000 23.050 20,000 10.083 623 3.f)59 255 1.273 1.953 4,18.7 41,429 20,(KK) 10,083 2,597 328 1,532 2.597 328 l.i32 3,U59 255 1,273 .953 4,183 41,429 5,168 55,621 5,168 55.621 Transfer5 between funds 58 .58 The final ut]used balance on the youth worship fulld has been tranbferred to the genernl fund.
PAROCHIAL CHURCH COUNCIL OF ST MICHAEL AND ALL ANGELS CHURCH FARNSFIELD Lyotes to the financial statements for the year ended 31st December 2025 Fix¢d A55¢ts Tangible Organ Cosi at l January 2024 Ad(litioii at LlJ51 Cost at 31 Dcccmbcr 2025 42,180 42,180 Depreciation Charge for the N'ear 2,109 Nei book i'alue at 31 Decemb¢T 2025 40,071 bl Inv¢stm¢nts' Market value at l January. 2024 Li)8% 1)n revaluatii)n m.ke[ value at 31 December 2025 8.239 -394 7.845 C.CLA COIF Ch11¢1¢ Inv¢5till¢nt Fund Iiic 406 ShaS Th¥5c sharcs ar¥ part of thc Scih Hurt Holliday tund. A r¢stri¢l¢d funJ used fiTrr hdrdship grwit5. 2025 2024 Debtors Gitl aid rccovLrdblc 840 933 Creditors Accrual5.' Siatuiorn. tees due to the diocese Emplo}'ni¢iit tax¢5 Accountanc}' fcc 398 3,599 3)7 764 1.368 1,368 Money held on behalf of the clust¢r 2,328 Tvtal ¢T¢ditor 7,446 1.368 Staff Costs Salaries Pension National insurance 73,14CJ 7,315 53.658 5,366 80,464 59,024 Number of emplo)'ees DuTing the N'¢aT the PCC emploN'ed a YouthworkeT: a ChildTen's Minister, an Administrator and a Chariti. Shop Managcr. ThL naiional insurancc was I1th1n thc annual cmplo}'mcnt No 81aiTmeinber paid more Ihan £60,000. Trgns&ctions with related p&rties There hai'¢ been no lated party transaLtions in the Teporting perivd.
PAROCHIAL CHURCH COUNCIL OF ST MICHAEL AND ALL AINGELS CHURCH FARf4SFIELD Notes to the financial statements for the year ended 31st December 2025 io Funds In line with the PCC'S policy, a £45,000 provi5ioiI from the gyeneral fund has been held in de5i¥nated funds to provide for the rentals due on the charity shop lease. Then annual rent is currently £20,000 annum on a three year bleak clause. Summary of fund movements Bal blfivd 1.1.25 Receipts Paymei)ts Transfer Revaluation Bal clfiwd 31.12.25 Unrestricted and Designated General Fund Trading Reserve Fund 103,746 45,000 148,746 203,524 -221.961 58 85.367 45,000 130,367 203.524 -221,961 58 Restricted Organ Fund Redevelopment Fund Royal British Legion Growing Disciples Fund Equipment Children's Minister and Youthworker Farnsfield Youth Youth Worship Flourish youthwork in school Seth Hurt Holliday- hardship Churchyard Fund Relugee Support Children's Society COIF Shares- Seth Hurt Holliday Fixed Assets- Organ 32,751 4i8 1,246 17,4?7 583 17,148 -527 -986 17.000 -31,030 2,000 494 260 16.000 1,000 -1,000 -58 14,843 252 13,843 -194 -8,632 -237 1,183 -4,130 -645 16,116 i93 7.484 4.307 4,151 703 9,533 896 6,106 251 7.845 40,071 82,661 8,239 -394 -2,109 -52,912 42,180 -58 73,773 62,252 -394 Total FuNd5 222,519 265,776 -274.873 -394 213.028 Summarv of assets by lund Unrestricted Designaied funds funds Restricied funds Totsl funds Tangible fixed assets Investment fixed assets Cuent assets Liabilities falling due within 01)e year 40,071 7.845 34,745 40,071 7,845 172,558 -7.446 213,028 92,813 -7.446 85,367 45,000 45.000 82.661