Re*teved dwrfty nwnber 1196545 Parochial Church Council St. Catharine's, Houghton {"the Charlrf) Annual Report and Financial Statements for the year ended 31 December 2025 (registered as a charity in England and Wales: number 1196545) 11P•g• Reqknte￿d tharfty number 1196545 Parochial Church Council St. Catharine's, Houghton Contents Legal and admini5trati¥e infomlation Trnslees, report Independent examinern rewrt Statemert of trust￿ resp)nsibilities ststement of comwehensi¥e inwme Statement of chèn8es in reserves Statement of financlal position io Notes to thefinancial ststements 11-14 21P•g• Roglstered charfty nufflber 1196545 Parochial Church Council St. Catharine's. Houghton Legal and admlnlstrative infomiation For the year ended 31 December 2025 11%545 IEr*rrfl Wales) 2nd January 1957 Paroclyal Owrth Council Powers Mea5urÈ119561 a5 amerKled, and Church Rewese￿n Rule5 Ihat carne Into force on 2nd January 1957 Main StreeL H￿htonY0Tr￿￿ HIM. Leice5tU5hire LE7 9GD Webslte: http5jlwwwst￿nne5thurCh.Co.uv Team Wicar 011 241 079772 Re¥erend S Ran* E P Bates MJEvar P A Jackson l E Oldham R W B Morrison SJRich tst June 2019 If March 2025 20rrfl 14o¥ember 2020 14th Septernber 2023 20th November 2020 22nd October 2020 18th Ottober 2024 12th January 2023 17th May 2023 M Welsh 8•nk•rs: National Westminster Bank l Granby Street Leicester. LEI 6EJ P.& Collins 8S¢ FCA 5 Weare lJose Billesdon. Leicestershlre LE7 9DY 31Pag0 Rezlstered charlty number 1196545 Parochial Church Council St. Catharine's, Houghton Trustees, Report For the year ended 31 December 2025 The Trustees p￿sent their Annual Report the fin¥Nial statements for the year to 31st December 2025. The 8overnin8 docurnent of the charTty is the Parothial Churth Council Powers Measure119561 as amended and the Church Representation Rule5 that came Into f¢)rce on * January 1957. It Is registered as a tharity under Charity Comml55ion referen￿ number 1196545. The P¥othial thurth Council St. Catharlne'5. Hou8hton {"the Charl￿> is currentty rnanaged try nine trustees. The truslees confirm thatthe accounts tomplywith current Statutory rewirements and with the 8overnln8 document. Oryanlsatlon St. Catharine'5 Church is a dyJrch forthe people of HWon-oTrth&Hill in Leite#ershire. We are part ofthe Church of England and ft>llow Jesus in the *lican way. We are a communlty of Imperfecl people from all kinds of backgrounds united by Jesus Chris( seekin8to Ir4e our Ip•tt for hlm and make a difference to those around us. Charltable objects The object6ve of the chwity Isto promo* in the ec￿e5￿￿ wish the whole mission ofthe churth. The have been no than8es durin8tt*yeartothe dwriVsobiects¥e5 ortothepokiesadopted in orderto athiÈve those oblertlves. E•)v*onm•ntsl and sustshwblllty polky The Charit￿5 misslon indudes beinggood stewards for all God has given us. specSfically caringfor God's earth and endeavorlng to devdop both the theoEow and wacbcal implicatlons of on a continuing basis, by following su5talnable prathce arKI takin8 into account global and lo￿1 envir1￿mental torffjiderations for present aThJ future 8eneration& In particular. l. Energy and Wofrr To ensure energy is used efficienty and to. wherevw w551ble. reduce its use, 10 encourage the increased use of renewable ener8V. to use water effic*ntty. 2. Woste To reduce the productlon of material wasre IrKludin8 unnecessary pxkè81￿ to encourage re-use, repair and recyclirvJ of materials h￿￿dIry or8anic waste, to dispose of waste In a safe responstble wa¥ 3. Materiols ond Resources To buy products which are mède In acconlance with the principle of usin8 material in a 5UStainable way and to use locally-made goods where practicable. to take into account the Ilfetime costs of materials when repairirv& alterin8 or fthllding premises. to rnaximize the proportl(Vb of paper used from sustainable sources recyded materials. to offer electronic c(rnunlcatlon asan alternative to paper for those who are suitabty equipped 4. Tmvd To be sensitive to the Impxt of thurth attiv1￿ on the local environment. to make every effort to reduce ar pollution and ener8y consumption resultTrl8 from the use of the caf by a¥oldance of unnecessary tra¥el. encoura81￿ shared car trar)sport *there possible. encour4iNd access by publlc transport, tyde and on foot. 41P•g• Re8lstered charfty 1196545 Parochial Church Council St. Catharine's, Houghton Trustees, Report (continued) For the year ended 31 December 2025 The trustees Under￿nd thattly have a dutyto thtify and reviewthe risksto Twhlth thecharltylsexposed. and to ensure appropriate contrds are in Pla￿ to rEasonable assurance against fraud and ernx. The charitys capital is wincipally held in assetsforresaleandbar*accountswhKh thetrustees reylartymonitor. It is the poliry of the charrty to Ma￿?￿n a bala￿e of UfKeStrl￿ liquid furKls equal to at least 9 months unrestrlrted expenditure. As at 31st Decemt*r 2025.theratio wassllghtly higherthan tsr8et, at 10.1 months: 2024 Unrestrlrted liquid funds Isee page 10 £57.433 Unresorirted expenditure {see palle 91 £61614 £34.751 FurK15 held as a ratlo of ewithture Ex¢ludln8 the expected sale of assets. mentioned elsew￿ kn tIMs report, rKJ 5i8nifkant changes are experted to these figu￿ duriTKg 202& Revlew of the year Income ofthe trust continues to be from donations. Yefflal Income and 8rants. Income forthe yeartotaled £59.37012024: £55.352).a ￿ar￿sTryear1nCrn5e0f7%. LegaLY receiptsof£S.L 12024: Énill accounted for most of Increw. other rertiues Ire8ular indudin8 8rft aid. rental Income etc.) beln8 Ixoadfy in line wlth last yearfs le￿5. Expenditure for the totaled £62.61412024: £34,751). of which the Parish sha￿ pa￿ent was £35.000 (2024.. £3,402). and the youth worker cost £nil {2024: £14.6961. As noted in last yearf5 report, the charity put in place expendlture reduttion plans duri￿ the 2024 finandal year. pausing the Parish Share payments In February 2024 and ceasing the Children's Worker proieLt in Juty 2024. The Parish Share payment was re- instated injanuary 2025. An increase in U￿lty. Insurance andtethnolowc05ts1new tsptop and dl8itsl mlxlng consolel accourrted ft>rtl* maprttyof the other cost MKrea Overall. a net defi(ft of £3.S32 wa5 reportedforthe {2024: surF4us of £20￿1. The church land arKI barn are curr•rtly up for 5* and netsaie woceeds ofaround £480.(W. afterdedurtln8 sales expen￿. are expected to be realised duri￿ 2026. Ttr￿e assets have been induded in these financial statement as "assets for resale" at a ¥aluatK>n based on this experted net sales figure. Net assetsi principally belre the churth land. bam arKt C•sh * banK totsled £571.473 as of 315t December 202512024: £495.(M)51. the Increase ¢￿e wincipally to an £￿•.(1￿1 in the valu*ion of prop*rty held. SIPag• Re8bt¢red dmrlty number 1196545 Parochial Church Council St. Catharine's, Houghton Trustee< Report (continued) For the year ended 31 December 2025 The following served astrustees fluri￿the pernd frm) tstjanuary 2025 upto the date of signlng of these financial statemerrts on 27th April 2026, servswthm￿?Utthe wlM)le unless othÈpwise stated.. Currentos ot27th Apri12026 Reverend S Ran4ey lthairl £ P 8ates (appointed 17° Marth 2025)1secretsryl M J Evans P A Jackson l E Oldham R W B Morrison Iwardenl S J Rldprd50n Iwardenl D Shaw M WeLsh Resigned5iKe IstJonuory2025 lrtone) Trustees Stand for re-election every years. the wanlens5tsndi￿ for re-elertlon each year. On behalf of the Trustees P A Jackson-Tru5tee 27° Aprll 2026 6IP•g• Independent examiners report to the Trustees of the Parochlal Church Council St. Catharine's, Hou8hton I report on the annual financial Statements of the ParochSal Churth CourKil SL Catharine's. Hou8hton ITr Charrtfl, forthe year ended 31 December 2025. whbth are set out •)n pa8e$ 9 to 14. The charStys trustees are responsible for the weparalioTr of the flnandal statemerrts. The Charrvs trustees consider that an audlt is not required for thi5 year (under Section 144121 of the Charities Att 2011 {"the 2011 Arfll and that an independent examinatM)n is needed. It Is my responsibillty a5 examiner to: Examine the finanual Statements undersectlon 145 of the 2011 Actr, To folk)w the Procedu￿ lald down in the General Direction5 g￿n ￿ the tharity Comrni551oners (under sectton 14515llbl of the 2011 Att). and To state whether arry partiojlar m•ttW5 have c(meto my attentlon. l am qualified to undertake the examin*ion ty beiw a qualffied member of The Instltute of Chartered Accountants in Er￿land and Wales. My examlnation was carried out in accordance wlth the General DYectiOn$8r￿ft bythechaiity Commission. An examination indudes a review of the accountiry records kept lry the charlty and a comparison of the accounts presented wlth those records. It also Includes consthr*ion of any unusual items or di5thsure5 in the financial statements. and seeking eXp1ar￿10ns from you as trustee5 Concerni￿ any such m8tters. The procedures undertaken do not provide all the e￿den￿that would be required in an audiL and consequently no oixnion is given as to whether the finanoal statements present a true and fair viev/ arrfl the report is limited to those mattersset Cmrt In the statements below. I have completed rny examination. In Con￿ with my examination, matter hastometo my attention: l. Whlth tr5 me reasonable causeto bellfft that in ￿ material re5pectthe Yequirements to keep accounting records in Kconlance with Sectkn 130 of the 2011 kt: and to prepare financial statements which accoril wlth the accounting records and to compfy with the accountir* requyements of the 2011 kt have not been met: or 2. to which, in my opinlon. attention slxluld be drawn In order to enable a woper understsndir8 of the financial statements to be reathed. Paul Colllns 05¢ FCA Independent Examiner S Weare Close. Billesdon, Leices*rshire LE7 9DY 27" Aprll 2026 71P•9• Parochial Church Council St. Catharine's, Houghton ststement of trustees. responsibilities The charttvs trustees a￿ responsli4e for pTeparin8an annual report and finanaal statements in Kcordance with applicable law and Unrted W Accounthi8 Stsndards {United fi￿10M Generdlly Attepted Accounting Practice). The law applicable to charities in E￿and ènd Wales. and the prowsionsof the charit¢s constitutlon. requlres the chariws trLrstees to prepare finanoal sratements for eath year whKh gibt a true and fair view of the state of affalrs of the charity and of the incomin8 resources and appllcation of resource5 of the charity for that perlod. In preparing the financial Statements. thet￿￿tee5are requirtd to: selett Suftable accountfjry polldes and then applythern conslstemty. observe the met￿￿d5 and pri￿¥￿e$ in the Chariti& - Ststement of Recommended Practice {"SORP"). make jud8ements and estlmates that ￿ rea￿nal￿e and PTudenL statr whether applicable accounting standads ha￿ been followed. sublert to any materlal departures disdosed and explained in the financial statements. prepare the finanoal st3tements on the 80i¥Kg concern basis unless it is inappropriateto presume that the charlty will continue in busines5. The tr¥J5tees are responslble for keeping proper accovnting records that disc￿Se with reasonable xcuracy at any time the finanaal poslt5on of the charity. and to enable thern to ensure that the financial statements comply with the tharities Aci 2011. Ihe U￿rity (Accounts and Reports) Regulation5 2008 and the provisions of the trust deed. They are also respor6ible for safeguardiwd the assets of the tharty and hen￿ for tsking reasonable steps for the preventlon and detection of fraud and other irre8uiarities. On behalf of the T￿￿e5 P A Jackson- Trustee 27" April 2026 81P•g• Parochial Church Council St. Catharine's. Houghton ststement of comprehensive income For the year ended 31 December 2025 2024 Totsl Totsl Inttyn¢ (n¢t¢ il Income Irom chur(h attl¥rt￿ IrKJte41 Inve5trnent intome 57,154 831 57J54 1216 52,675 2,677 L385 57.985 $9370 55.352 Empendltyrn lftotes l and 51 Unrestricted Reskncted 62,614 62.614 34,751 4751 SU￿￿(d•fidtI from a¢tr4th1 I4￿29) 20,E4)1 Surplu￿(d￿ttl on r￿ar￿al￿ of investrrients-note 2 147 {4351 2rM) Totsl suYpWlddkW larthe ymr 950 20,801 Parochial Church Council St. Catharine's, Houghton ststement of changes in reserves For the year ended 31 December 2025 As ot IJW￿ry 2024 334 35￿70 74204 Total surplusfortheytar Revaluation of churth land barn (note 31 19,099 L702 lo￿1 Pa at 31 Dttenkn 2024 10) 457.433 37J72 495A￿S Total Sufplus fortheyear Revaluation of chvrrh land and barn (note 31 (4.482 950 13J32) Asat 31 Decembor Illl5lse• pap 101 532.951 38522 571A73 91Pag• Re8lstered charity number 1196545 Parochial Church Council St. Catharine's, Houghton Statement of financial position As at 31 December 2025 2024 Tan8lble fixed a55ets (see note 31 Church land and bam Unrestricted Fl)ted asset inveshmnts {see note 2) Central Board of Finan￿ short duratlon bond fund Central Board of Flnance COIF repair account Unrestricted Restricted 1797 2.650 9.091 11,453 411.741 A￿ts lor resale Isee note 3) Church land and barn Unrestrlcted 480AXrfI Currefit assets: Cash arKI rash equlvalents Nat West general account Unrestricted Nat West number 2 account Un￿trICted Central Board of Finance ordinary account Unrestricted Central Board of Finance restoration deposit account Restricted 31,211 10,839 *, 12,733 28,481 13.239 Net current assets 560.020 83.264 Net 355ets 5llA73 495,LX)5 Re5orves allocatlon (see page 91 Unrestricted- liquid assets Unre5tricted- property Restricted 52.951 57.433 38522 37.572 571A73 495,O)5 These finanaal statements, induding the noteson pages 11-14. were ar4)ro4ed bythe tntstees and authorised for Issue on ty May 2026. and a￿ signed on their behalf by. R W B Morrison Trustee P A Jackson Charities number: 1196545 101Pag• Parochial Church Council St. Catharine's, Houghton Notes to the Financial ststsments For the year ended 31 December 2025 The finanual statements ha¥e been prepared in aC￿)rdan￿WIth Accountirva and Reporting by Charities: ststement of Recommended Practice applicable to charlties prepthr¥ their xcounts in accordance with Ihe Financial Reporting 5tsndard for Smaller Entities ￿bliShed on IQ ju￿ 2014, the Flnancial Reportlng Stsndard for Smaller Entities IFRSSEI and the ChaTitie5 kt 2011 and UK Genernlly kcepted Practice a5 it applies from 1° January 2015. The finanoal statements hove been wepared to gp** a and fairf View have departed frorn the Charrtles (Accounts and Reports) Re8ulations 2(M)8 onty to the extent required to provide a'true and fair view. The chartys forecasts and Pfojections show that the tharltyshould be able to operate wrthln the ￿e1 of its current Cash reserves. As noted eadier, the saje of the church land and barn are expected to raise around £480,(*J) durlng 2026. Af￿ rnaki￿ ¥wirls the trustees a reasonable expertation i1￿t the charity ha5 adequate resources to continue in operatimal existence for the foreseeable future. charity therefore contiThJes to adopt the going corKem basis in preparin8 itsfinancial statement& Income represents donations {together with the a550dth dalms for ald where appllcablel, rental lrttome. grants. Income frorn investments and interest on thposits and are induded in the financial statements when tredited or due to be received. Expenditure is Induded In the finanual ststwnents On a cash basis ¥rt￿n paid. Funds spectfically reCeI￿d for wopcts and sthemes fi.e. gi4ryrva for a specffic rause). principally repairs and restoratlon. and￿Uth worker initiati¥e5. aredeerned to be restricted. All otherfundsare unrestricted and are avallable for the general purposes of the tharity. The churth land and barn are IrKluded in the financial statements at an open market value and are not dep￿¢￿ated. Once assets are dassified as "for SW. they are held at the Eower of carrwn8 value ènd expected net dlsposal wice. The church bulklkng Is not Induded in the financial st*rnts theto urKertaintyiwerownership. RO*ter￿ durlty number 1196S45 Parochial Church Council St. Catharine's, Houghton Notes to the Flnancial Statements (continued) For the year ended 31 December 2025 Investments are stated at their open market vaiue. based on mlddfe market prlces, wlth revaluation syrpluses and deficits pul through the Stslement of Comwehensive Income. The CCLA S￿rt Duration Bond FurKI was prevlously known as the Fixed Interest Fund and the (hrlty a￿ the beneficiarf5 of the fund. the Lelce51er Diotesan Board of FlnaKe bel￿ the cu5tiKlian tru5tee5: 2024 1.8YI Shqres In the I￿rat1￿ Bond at the At I"January 2025 Revaluation 147 1797 2,650 148 In th• co￿ th•rky 1mrn5￿ At I" January 2025 Revaluation 9.091 14351 8.891 200 9,091 •• COIF Charity Investment Fund share {Mi(kn￿rk￿l At I"January 2025 At 31" December 2025 £20.29 £1932 £19A5 £20.29 Tanolbkflxed •ssets and assets forrwle Church lond ond Ix7rn.' In April 2015, the churth land and bom were bewi￿. * nil cost. to the Leicester Diocesan Board of Finance as custodTran tntstees. The Charity arÈ the beneficial (r*ners of these assets. to enjoy both the revenues generated frorn them and any proceeds fr