St Stephen's
LEARNING TO LOVE AS JESUS DOES
St Stephen's Church Preston
RegLsterèJ Chanty LI￿71
Annual Report of the Parochial Church
Council for the year ended
31 December 2025

St Stephen's
LEA.<NI.%'.
-0¥1 .4a J=SJS DOES
st Stephen's Church is situated In the Broadgate area and Is part of the Deanery of Preston in the
Dlocese of Blackburn. The Parochlal Church Council {PCC) 15 a corporote body estsblisheo by the
Church of England under the Parochial Church Cwnal Powers Measure and a charity subjert to the
Charitles Act 2011 {reglstered number: 1196971).
The postal address of the PCC Is St Stephen's Church. Bird Street. Presti￿. PRI 8DY.
st stephen's Parochlal Church Councll (PCC) has the responsibility of cooperating with the incumbent,
In promoting in the ecclesiastical parish, the whoEe misslon of the Church. pastoral. evangelistic. sooal
and ecumenical. The PCC is also speofically responsible for the maintenance of the Parlsh Centre
complex of St Stephen'5, 8ird Street, Preston.
The PCC Is commltted to enabling as many peopk a5 possible to worshlp with us and to become part
of our parish community of St Stephen's. The PCC maintains an oveniiew of worshlp throughout the
parish and makes suggesty.ons on how our services can involve the many groups that live within our
parish. Our servi￿5 and worship put faith into prattice through prayer and scripture, muslc, and
sacrament.
When planning our acbvities for the year. we have considered the Cornmission's guidance on publlc
benefit and in particular, the supplementary guidance on charitles for the advancement of religion.
We try to enable ordinary people to llve thelr falth as part of our parish community through:
Worshlp and prayer: learning about the G05pel' and developing tP*ir knowledge and trust In
Jesus.
Proviston of pastoral Care for peop￿ living in the partsh.
Mission and outreach work.
To factlitate thls work, It Is Important that we malrtaln the fabric of the Parish Centre of St Stephen's.
stru¢ture, Governance, and Management
The method of appointment of PCC members is set out In the Church Representstlon Rules. The PCC
members are responslble for maklng decisions on all matters of general concem and Importance to
the porish induding deciding on how the funds of the PCC are to be speTrt. New members re￿1ve
initial tralnlng into the workings of the PCC.
The full PCC met slx times during 2025.
Members of the PCC are either ex-officio or elected by the Annual Parochial Church Meetlng (APCM)
In accordance with the Church Representatlon Rules. PCC mejnbers who have served from l January
2025 until the date of this report a￿.
Clergv:
Reverend Barbara Hunter (Curate in Charge and PCC Chair until 18 May
2025 - reggned from PCC 30 June 2025)
Reve￿nd Clive Beard, Incumbent and PCC Chalr slnce 18 May 2025
Reverend Augustyne Omavuebe PTO
Page 2

St Stephen's
LEAhNING-.O LOV& ￿ JLSLIS DOLS
Wardqffls
Moss Fiona Duncan (PCC Secretary)
Mr David Rankin
0*an￿ Synod:
Mrs Stephanie Rankln (LLM, PCC Treasurer from l January 20261
Mr Anthony Rlley
eie¢ted Members
Mrs Hannah Falkingham
Mr Tim Fenna (tsmi of office ended 6 April 2025)
Mrs Hannah Gaskell (reslgned 8 September 2025)
Mr Peter Gaskell
Ms Loulse Harlow
Mr Andrew Hiroffts (Wio Chair Sir￿ 8 September 2025)
Mrs Mel Hollaway
Mtss Val Kay (elected 6 April 2025)
Mr Nischal Lamichhane (resigned 27 january 2025)
Mrs Hannatu Mshelia
Mrs Patrfcia Wnder
Mr Andrew Pratt
Miss Bimla Rai (elected 6 April 2025)
Mrs Sarah Woolford (PCC Vice Chair until resignation on 8 September
2025. PCC Treasurer until reslgnatyon on 31 December 2025, resigned as
PCC Member 31 December 2025)
Deanery Syn¢)d
Two members of the PCC sit on the Deanery synod. This provides the PCC wlth an Important link
between the parish and the wider structures of the church. The PCC recelved reports from the synod
meetings and was able to ask questions abwt what took place.
Worshlp and Prayer
The PCC alms to offer a rBnge of servlces durtng the week and over the course of the year that our
ommunity find both beneficial and spiritually fvlfilling. Our usual pattern is to hold servlces at
10.30am on Sunday morning and at 6.00pm on Sunday evening as wdl as extrd Servi￿ for Ash
Wednesdayi Maundy Thursdayi Good Friday. Ascen51on Day. Chrbstmas Eve. Christmas Day and St
Stephen's Day.
All are welcome to attend all our services. On 31 [)e￿mtser 2025, there were 11 I parlshloners on the
Church Electoral Roll (compared with 103 on 31 December 2024).
Page 3

St Stephens
LEARNIYO ro LJI'L AS.. id5 DOES
In addition to the Servi￿, member5 belong to small group5 ¥thich meet for fellow5hlp* prayer and
Bible study. There Is a150 a monthly prayer tneeting.
We conducted one wedding in 2025 arKI t¥Yo funernls.
Revlew of the Year - Reverend Cllve Beard wrltes:
I cannot tell you what a Joy It has been arrlvlng at St. Stephen's and startlng to get to know everyone.
I cannot believe that, as I am writing this introduction, I have only been here for 8 months. I say
that In a g(M)d wayll Thank you so much for making me and my famlly so welcome, and for maklng
It such an easy transition into a new parish. a new church and a new home.
My first priority was, and continues to be, to get to know people, both as individuals and within the
ontext of the church community. E can genuinely say that that was. and continues to be, a real
pleasu￿1 You probably all already know this, but St. stephen's is filled with amazing people, many
of whom have no idea hcwl amazing they are. EV￿ before my Interview the Arthdeacon said it is a
church that always makes him smile. I can see vthyl ! I feel a large part of my calling is to help people
see how God 5ttS them, to discover hls gifts and talents in themsefve5. and to use those gifts and
talents as they love Klngdom Ilves In the everyday.
l am blessed that St. Stephen's Os a church wth strong. prayerful foundatlons, a fantastlc heart and
great potential. My second priority has therefore been to begin the process of tyjilding on those strong
foundatlons. We have been working tO9ether to put In place systems. struttures and Sdeas that we
hope will enable u5 to grow as a church, both spiritually and numerically. The PCC, and other leaders
In the church, are so open and receptive to growth - which I can say is never taken for grantedl My
prayer is that together we can be a churth family that shirTres as a beacon of God's love In our
communlty. As St. Paul says:
'There are dlfferent klnds of gllts. but the same Splntt dlstributes them. The￿ are dlfferent
kinds of service, but ihe same Lord. There a￿ different kinds of viorking, but in all of them
and in everyone it is the same God at work..
I Corfnthlans 12.4-6
I want to acknowledge and glve thanks to Revd. Barbara Hunter, who selflessly led the church until I
arrived and was gracious in stepping back when I then was installed, and Stephanie Rankin, as LLM,
in sUPPOrting her. l also want to offer a huge thanks to our amazing churchwardens. Fiona and Dave,
I could not have asked for a better warden team, they have fulfilled the role wtth dedication, patience,
hurnillty and Godliness. I cannot praise them highly enough and am so grateful for all they have glven
through the interregnum and beyond. Dave has been churchwarden for many years and wlll now be
having a well-earned break as he steps back from that role though, servant hearted as he is, he will
SUII be busy helping behind the scenes, l am sure!
As we go forward together, may God be at work In all of us, as Indlvlduals and as a communlty, and,
as we deepen our understanding of hi5 love and grnce, may we live it out in our everyday liYe5,
polntlng people to Him.
l am exclted about the Journey ahead, hopefully you are tool
Fabrlc Report
The church remains In good condltion. Th￿ have been no major work5 or issues in 2025. Small Items
of maintellan￿ have taken place throughout the year.
We are grntefvl for the 5UPPOrt of all who contribute to the life of the thurch. Our administrator
Stephanie Briggs retired in early 2025 and we welcomed Ruth Hirons into the role in October. Their
work and that of Becky Hough cleanlng the church are a real blesslng to us all.
PÉJge 4

St Stephens
LEAR.UlhG T￿.01£ ￿..LSUs QQIS
Flnances
Unrestrirted fvnd income in the year to 31 December 2025 wa5 £128,310 (2024 £112,393). Total
Income Includlng restrlcted funds In the year was £147.497 (2024 £131,126).
A number of new grants were awarded in 2025. In February 2025, the PCC sUc￿SfUllY applied for
Diocesan ftTrnding to employ a lay plor￿r as part of a wider progrdmrne of investment fvnded by the
Church of England Strategic Mission and Ministry Investment Board (SMMIB). The award is for five
years, startlng at IOOWO of costs and tapering to 25% by Year 5. Other one-off grants Include £3,500
frorn Preston City Council to support community sporting events, £2,020 from Lancashire County
Coundl for the Colourful Threads art project. £500 from Broad9ate Resklents Attlon Group to fund
the Cost of food in our mission projects and £650 from Elettricity Northwest to support our Hartlngton
Hut activities.
During the year ended 31 December 2025 a total of £108,297 (2024 - £112,284) was spent from
unrestrlcted funds to provlde Christlan Mlnistry from St Stephens Church. Total expendlture from all
funds was £137,530 {2024 £140,183). The￿ We￿ also a number of tran*rs between funds. Overall,
unrestricted fund income after transfers exceeded expenditure by £18,611 (2024 was a deficit of
£148). The equivalent fwJure for all fun(ts was a surplu5 of £9,967 (2024 was a deficit of £9.057).
Looking at the Genernl Fund on its own, income exceeded expenditure by £11,993 before transfers
(2024
a deficit of £449). After trdnsfers the net movement in the Genernl Fund in 2025 was a
surplus of £15.229 (2024 £51).
Unrestrlcted voluntary Income In the year Increased by 7%. We have twenty-four donors signed up
to the Parish Giving Scheme (some of wh￿￿ are individuals and others ￿PreSent households) as well
as nine donors continuing to give by standing order. In 2025 Around 43% of the Sunday collection
was taken through contactless payments. cash giving remains relatlvely popular.
Unrestsicted fund income was b(M)Sted in the year by a significant increase In hall rental Income,
largely from one ongoing contrart that had not been antiopated at the beginnlng of the year.
The largest element of our costs was £67,279 (2024 - £63,535) for our Diocesan Parlsh Share, whlch
provides for the cost of clergy stipends and housing. The Diocese cakulate5 the arnount that each
indivldual parish needs to contribute according to a forn)ula conslderlng several factors, Includlng
church attendance and socio-economic factor5 Within the parish.
OJr other expenditure related to other ministry costs. staff salaries. the costs of maintaining and using
our Parish Centre and the cost of our activitie5 as a thurch. General Fund costs were lower in 2025
malnly because the admlnlstrator post was vacant for some months. We remain committed to glving
IO% of all our voluntsry income to a range of charities.
Reserrfes on 31 December 2025 were £92.940. of whKh £22.499 represents our missional reserve
(the Snape Mission Fund), £44,946 is the general reserve, £19,972 the Audio-visual reserve and
varlous other reserves totalllng £5,522.
2025 had been experted to be financially challenging and the PCC approved an initial General Fund
budget for the year with a deficit of income over expenditure of around £4.400. However. Income for
the year was 13% higher than exprfted, thanks to the additional hall rental income mentioned above,
as well as an unexperted windfall at the very end of 2025 in the shape of an additional distribution of
Lowest Income Communities Funding of £2.023 from the DI0￿se of Blackburn. Experxllture was also
lower than expected, malnly because of the administrdtor r￿t vacary.
However, the undwlying income prrfile for the parish ha5 not grown. Hanned giving levels a￿ stable
rather than increasing. hall rental income is unlikely to continue at the same level that was seen in
2025, and the administrator post has been filled. The PCC has therefore approved a budget for 2026,
anticipating a general fund deficit of up to £5,800. All reasonable measures to manage costs are being
taken. We continue to be very grateful to everyone who can support the work of the church financially
Page 5

St Stephens
LEARNING TC LQVE AS IEEU% DOES
and trust that v￿Untary intome will increase in the toming year to enable churth activities to continue
In the future,
ReseThes Polky
It is PCC policy to try to maintain a balance on free reserves (net current assets) which equates to at
least three months, unrestrfcted payments. Thls Is equivalent to around £29.(M)O. It is held to smcM)th
out fluctuations in cash flow arKI to meet emeryencie5. The balance of the free ￿seryes at the year-
end was £67,704 whlch Is comfcwtsbly h￿her than thls taryet. It Is our polky to Invest short-term
Investrnent funds in a deposit account.
Rlsk Managément
The PCC regularly reviews the major rlsks to whth It may be exposed and has establlshed a range of
meagjres and procedures to manage those risks. This indudes engjring appropriate health and safety
and safeguardlng procedures are In place and worklng effectlvely.
Banker
HSBC
49a Fishergate
Preston
Lancashlre
PRI 8BQ
Approved by the PCC and slgned on thelr behalf by Reverend Cllve Beanl, PCC Chalr.
Revd Clfve Beard
16 Marth 2026
Page 6

St Stephen's
LEAqNING TO LOVE AS IESUS DOIS
Independent Exarninerfs Report to the membersltrustees of St Stephen s Church, Preston, Parochlal
Church Council.
I report on the accounts for the year ended 31st December 2025 which are set out on pages 7 to 17.
Respectlve responslbllltles of the Trustees and Indepentht Examlner
As trustee5 of the charity, the members of the PCC a￿ responsible for the preparation of the accounts.
They cOns￿er that an audlt Is not requlred for thfjs year urKler 5ectiOD 144(2) of the Charitoes Act 2011
(the 2011 Act) and that an independent examination 15 needed.
Itls my responsibility to:
examlne the accounts under sectlon 145 of the 2011 Att.
follow the procedures laid down in the General Directions glven by the Charity
Commissioners section 145(5)(b) of the 2011 Art, and
stste whether particular matters have come to my attention.
Basls of Independent Examlner's Statemert
My examination was carried out in acc*Jrdance with the Genernl Direttions given by the Charity
Commisslon.
An eXamIna￿On Includes a revlew of the accounting records kept by the charty and a comparlson of
the accounts presented wlth those records. It a150 indudes conslderation of any unusual items or
disdosures in the accounts and seeking explanations from the management committee toncerning
any such matters. The procedures undertaken do not provide all the evidence that would be required
in a full audiL and consequently no opinion is given as to whether the accounts present a "true and
fair vlew" and the report is limited to those matters set In the statement below.
IndI￿ndant Examlner's Statem•nt
In connettion with my examination. no matters have come to my attention:
l. whlch glve me reasonable cause to belleve that In any materfal respect the requlrements
to keep accounting records In accordance wlth s.130 of the 2011 Art, or
to prepare accounts which accord with these accounting records have not been met. or
2. to whlch, In my opinion, attention should be drawn In order to enable a proper understandlng of
the accounts to be reached.
Debble Hale ACMA, CGMA
Stillwaters
2 Langton Brow
Longrfdge
Preston
PR3 3XH
Page 7

Ststephens
LEARNING TO LOVE AS JESUS OOES
Fw
Telal
91.C*3
27.023
94.789
38 311
13.07¢
521
87.337
Church •(kni
r••n•r•brq fvNY•
11219
.120
521
271
Tai*l kntomb
1W10
147A17
131.126
Colts o1gweral￿0t￿lU￿knirthm
Chur(h
124
IIK174
12
13T.4W2
139033
235
Tolal•xp•ThlKw•
1J7J31
110.1)MI
19m7)
11ffj$1
1257
112S7
15.IW1
1U11
19.057)
12JTJ
92,9
92JJ29
82￿7?
•7204
25238
G¢Th￿l
29.717
Sny Fw
Eurfund
22499
22A#9
259
19.378
AVFuThl
1#)72
199n
23.453
8T5
321
321
Hafangtyjn
Layllonwr
L￿rthclub
705
2501
815
225
627
Swhh•
3.177
3.17T
Tothjlerlknp
82JTJ
Page 8

St Stephen's
LEARhllNGTQ LOVE AS JESUS DOES
3111
3111Y24
Bod¢r
AVSyB*m
Total fvEod*As•ts
19,972
23,967
CwTOrtAsMts
14.3
49,608
13.877
29,087
1.839
owi$fdk￿￿n¢
Lunth Club currentPox￿nt
c*llan8ous
R•c•wbbl•
2A56
67J4Q
7.321
52.93$
T<l•lCurr•nt ￿*•￿
Titsl Uwl
23
92J
Ywrfflov•mwrt*lxkng••
Unr•iknc*d Funds
18.611
18,6441
11481
18.9081
R••trlthd Funds
Unr•8thr*d Funds
67.704
25236
49.093
33,879
Reilri¢X•d Funds
Total ￿￿•T¥•*
Approved by the PCC and slgned on thelr bethalf by ReVern1￿ Cllva B•ard. PCC Chjlr.
16 March 2026
Page 9

CKSt Stephen's
LEARNINCI TO LnVE JESU£ DOES
B•lanc•s
Br(￿ght
Fonw•nl
ES
Carried
Fonwanl
Ine¢xnlng
Trnnd•rn
Gen•ral Fw
29.717
120290
{1082971
3238
44.946
Sftape Fund
EctyFund
19376
8m1
(4 8981
259
22.499
AVFund
23.453
875
15.6691
19.972
18751
920
Childr•n and Youth Nf ni$try
748
116681
(5.8171
5.817
t,IiAii
Oiscrntionary Fund
Hartington Hut
LayN"on$3er
Lun¢h Club
Imspa
ROWI 8ta*o
511
1301
11fj081
14.1701
{2.6201
12031
12001
(87
321
795
4.510
2075
215
(2.7591
615
827
225
12591
sps￿h1
8peu81 Colled*Jn8
Sports Equlpm•nt
Toddl•r(knup
112221
12.7391
(3.4861
3.393
{1.3351
{6711
{4921
3.834
3,177
12JTJ
147A97
I137￿0)
92J40
Page 10

<XSt Stephen's
l. Ac<ountlng Pollcles
The PCC is a public benefit entlty within the meaning of FRS102. The financlal ststements have
been prepared under the Charlties Act 2011 and in accordan¢e with the Church AccountlTrJ
Regulations 2006 governing the individual accounts of PCCS, and v¥ith the Regulations true and
fair vlew" provislons. These statements have been prepared under FRS102 (2016) as the
applicable accounting standards and the 2016 version of the Statement of Recommended Practice,
Accounting and Reporting by Charftie5 (SORPIFRS102)).
The statements have been prepared under the hlstorfc cost convention. The financial statements
Include all transactlons, assets, and liabilities for which the PCC is responsible In law. They do not
include the accounts of church groups that owe thelr affillation to another body* nor to those that
a￿ informal gathedngs of church members.
FUNDS
Restrlcted funds
These are income funds that must be spent on restrlcted purposes and detsils of the ftjnds held
and re5trirtion5 provided are shown in the notes to the accounts.
Unr•strlrt•d funds
These represent the ￿MainIng inc¢>me funds of the PCC that are available for spending on the
general purposes of the PCC. Induding amounts designated by the PCC for fixed assets for Its
own use or for spending on a fvture project and whlch are therefo￿ not included In its Yree
resen•es" as dSsclosed in the trustees. ￿pOrt.
Deslgnated fund$ a￿ general funds which have been designated by the PCC for speclflc
purposes. However, balances remaining on these funds can be reallocated by the PCC.
There are rbo Endowment lunds.
ASSETS
Consecrated and Benefflce Property
In so far as consecrated and benefice property of any kind Is exduded from the statutory definltlon
of "charity. by Sertion 10{2) {a) and (c) of the Chadtles Art 2011 such assets are not capitalised
In the financlal statements.
Moveable chU￿h furnlshlngs
Moveable church furnishings held by the vicar and churthwardens on special trust for the PCC,
and which require a faculty for dlsposal. are Inallenable propertyi listed in the church's inventory.
For Inallenable property acquired prior to l January 2001 there is insufficient cost informatlon
available and therefore such assets are not valued in the accounts.
Tanglbh flx•d assats for by dwr*y
These are capitslised if they can be used for more than one year, and cost at least £2.000. They
are valued at cost or valuation, over their estimated useful lives.
INVESTMENTS
Short terni d•Po￿ts represent the cash held on depo￿ at the batlk.
Page ll

St Stephen's
LEA￿￿1￿￿ TG LO4E Af laus O"
INCOME
iknr•9tr1ci•d
Funds
Totsl
Volunt•rylrt¢m•
Planned giI4ng'.
SlaThJing l>d•r¥
Pwlsh GIM"n9 SctWO
T•xR8CO￿￿abIa
8.578
55291
14950
8,578
55291
14.950
11,054
52,607
14,076
Collecbon¥s.'
{(yn Pl*)
Ta¥R¢g)wr¥bl•
2991
2,991
748
3,846
SundryDonalfions
Donaknn8
6923
1583
7218
1.583
3.393
2,746
312
TaxR8cowrnbl8
tknn•ti¢xJ•. D￿4￿oN$
TaxR8co¥grabl•
3.393
39
1.734
39
91m3
94,709
87J37
urehkfl%lll•¥
F••$
604
28,969
6.670
1,820
248
38.311
187
29.373
8.312
1.1LKI
1811
38191
RowThbng l>an
On• afGrants
24A59
4.S10
6,870
Churth Ho11 L•thnqs,' PCC Obi•d
Pasmenls forthpnb
108
27J)23
11219
Lunth Club Income
2M25
2,625
35
R•fill
17
Churth Hall I•*Y-￿IN1 rni•iThJ
Fundrai*ing
Cther
9.7LM)
9.700
707
1.CL)S
413
707
9.704
3J66
13P70
4.120
Inc>)m• Imm in%•sfyn•nls
521
521
521
521
506
orincoming r•¥¢KMr•s
806
271
1106
271
Tthl
128J10
19.148
147A9T
131.126
Page 12

St Stephens
LEARNING TO LOVE AS JESUS OOES
EXPENDrnIRe
iknr•*rfcl•d
Funds
Fund•
Tolll
124
t24
114
Card Ch4rg•s
129
Gmng kfjJ$ionary
R•liefand 08*ipmont
Uk Christian
3.343
2.507
2.507
3.343
3,403
2.552
2,552
1.887
2.507
Oiscretianary Fund
Sp•dal col•don*
2,467
I2￿03
11244
Fkn$h Sha
Co8ts olEmplosTh•rt
CtherMni$tycosts
sh Training
Churth S•r*• Costs
Ms$lon ond Chuth
67279
67.279
17.892
4.8S4
277
83,535
23,030
4,397
210
820
778
5.436
8214
Costofthenls
309
1,183
2,580
8,743
8,568
4,fjQ1
238
127,564
Equipm￿18nd Fury¥￿Te
Co$ts arKI Liw
Churth k*IntaIn￿c•8Md 0therRUnnw￿ Costs
Llts'lities
3,828
3.530
10.630
7,766
4,601
7.766
Der*ed4tion on EQ￿pMent
99817
27.341
127,137
T￿1 P4•ow¢M e¥p•ndwd
1082•7
29,233
137*30
140.183
Page 13

St Stephens
LEARNING TO LOVE AS JESU5 DOES
4. Pald Employees
The PCC employs three part-time workers- a cleaner, an administrator and a lay ploneer. The
equivalent number of full-tlme employees on 31 Decembw 2025 wa$ 0.91 FtE.
YwrEnd14131 C*wnb•r 2026
Y••r D•umb•r 2024
T(tsl
Salarie8
EmpWrP8n8ion Cortffthulon8
7,671
229
9.693
17.364
529
13.044
Tthlstsff C¢•i•
17
14014
230x1
In 2025 the PCC joined the Nest defined contrlbutlon W0￿p1a￿ penslon stheme and has set
employer contributions at 8% of salary and employee contributions at 20h of salary. As well as
provldlng an Important benefit to our employees. this ensures the PCC meets its automatlc
enrolment obligations.
5. TangllAe Flxed Assets.
A new audio-visual system was installed in December 2020 and is being depreciated over its
estimated usefvl economic life of 10 years from January 2021, chargeable to the Audio-visual
Fund.
cC•tor￿1ua1lO
8•lan¢e broughtfrx*•rd
57.407
57.407
0opo$a
Impairn18ftt
57.407
57.407
8alanu iThighlfr)AvAr
24.548
24.548
4.601
4.601
Oispo8al•
8dance rarried knwa
29.148
29.148
32,859
28258
Cwtl•d forw•rd
28258
Poge 14

St Stephens
LEARNING TO LSVE AS JESUS DOES
6. Gr￿tmakIng
202S
Il••trfcl•d
nd•
IAkn#loMry Stsdbii
cWl• Bt* TraThJ*trx8
P•hl•nd (bv•lowN•rt
1.701
T•r Furd
1251
1251
1SJ2
Sp•¢lal Coll&ciion8
1.413
724
215
These donatlons Include PCC donations a5 our commitrnent to give away Ioolo of our Income {a
tithe) from giving and tax Yefunds. The d￿ritIeS benefittlng from this, and the amounts donated
are as shown above.
Our Christmas appeal for 2025 was for the Al-Ahll Hospltsl In Gaza, which is owned and operated
by the Eplscopal (Anglican) Diocese of Jerusalem. Funds raise(1 directly from the cOng￿gatIOn
plus surplu5 funds from our General Fund tithe were sent to the UK charity lialslng with the
hospital in early 2026.
Page IS

St Stephen's
LEARN1Tr4G 10 LOVE AS IESUS DOES
7. Debtors •nd Pr•p•ym•Trts
Year Enthd 31 DBcemtsr202S
Ye4r Ended 31 DK•rn￿r 2024
Unr••trld•d
Td•l
Tol•l
Tax R•fvnd$ 2023
2.444
3.100
2,444
3,190
TaxR•fiJnd8 2024
90
T*XR￿nd$ 2025
1.857
1057
Prepayn•nts
Puru8d InoJm8
787
787
Tthl
2M6
56
7231
7M21
8. Credltors and Accruals
Y••r End•d JI Lkn¢•mb•r2025
Y••r En(l•d JI Lb¢•mb•r 2024
Lknr••trlctsd
P••trkt
TrA•l
Tolal
ChaThtab￿ 2024
k¢ru•l$ IPAYE
D•fow•J kncome
1.737
148
2.724
535
1,137
1.137
387
106
700
7CKI
1A74
338
2.717
ioi
2123
Page 16

St Stephen's
LEARNING TO LOVE AS JESVS DOES
9. Restrlcted and Deslgnat¢d Income Funds
Fund Name
ose •nd Restrfctlo
Funds received and paid out on behalf of another o
anlsatfjon.
FundiNJ relatsd to the auditrvisual equipment purchased In
2020. The resfjdual balance relates to the depreuoted
equipment lather than available cash balances.
Funds recelved from the Benefact Trust, orfglnèlly intended to
employ a YC￿jth Worker. In 2025. with tl* agreement of the
T￿￿t. the Fund was dosed and the remalnlrwJ balan
transferred to the Commvn
w0￿er Fund.
Funds Receiv￿ from the Olocesan Ministry Fund and used to
employ a Commnity Wowkèr. phjs ottaslonal small grants
from local charftoes to support thls work. The fvndlng ceased In
2024. and tht post supported wlth other mlsslon funds
until J
2025. Thos Fund Ss now ck)sed.
Audlo-vlsual Fund
Benefart Trust
Communl
Wc#*er
ildren and Y¢Mth Mlnl
Funds rais￿1 to gjpport a)ildren and Youth WO￿ In the Parish.
Hokls thurth family contributlons glven for the PCC or
incumbent to make available to hdp people in Individual need.
I[￿Ome and ExpÈnditure relating to the Hartlngton Hut project.
From 2026 the non-restritted aspects of thls work wlll be
man
h ihe General Fund.
Oiscretio
Funtj
Harti ton Hut
Ec(trChurth
New Fund to support our Eco-church Pm'ect
AJI income raised and expenditure incurred in respect of the
Lunch aub Phjs, onc1￿ing small grants from local thadtles
ated to Ihis ¥¥ork. From 2026 the non-￿$t￿Cted aspetts of
this wcrt will be managed through the General Fund.
Funds Received from Di(Kese as part of the Investment
tffogramme supported by the Strategi¢ mI￿10n and Ministry
Investment Board {SMMIB . Thts fvnds our La Ploneer ost.
Funds received from the Together Trust and used to support
communty develc¢)ment projects.
Income and expenditure related to tht fomier bi-monthly ￿11
shop. The remalnlng balan￿ has been transfer￿1 to the E¢o-
Church Fund. and the fuNI Is therefore dosed at 31 December
2025.
Missional funds named after Mlss Amy Snape, legacy
some years ago was the orfglnal s4yJrce of this money. The
fund is used to further the misslon ob"ertlves of 5t ste
hens.
IrKome and expenthture related to the Ctsknurfvl Thoads
Commun
Lund) Club Hus
La Ploneer
Mum
ace
Refill Statoon
e Mlsslon Fund
ehlve
Speciol Collecb¢)ns for charftjes or other Inttlatives are held
from time to time. The income Is re5trkted and Is all sent to
thech
for whTrch it Is collected.
edal Collectlons
It￿Ome and Expenditure relating to a grant from the UK
Shared Prosperity Fund s￿rts LeIsU￿ Project (via Preston
City c￿n01)
Irthne and ex￿￿rture from the weekly toddler group. which
Is now on a long-tern pjuse. The balan￿ has been transferred
to the G￿eral Fund
Sports equtsment
Toddler Gro
Page 17

St Stephen's
LEARNING TO LOVE AS JESUS DOES
10. TraTrsfern betw••n fvnds
The main tran5fets between funds in 2025 1ndl￿d.
£5.817 into the Community worker fund from the following.. £4,271 from the Snape Fund,
£875 from the Benefart Trust. £671 from the Sports Equlpment Fund. All transfets were
with the agreement of the orlginal funders who a9reed their use to support the salary costs
of the Community Worker post until July 2025.
£2.759 from the Lunch Club to the General Fund.
£513 from the Snape fund to the AV fund.
£600 from Special Collecticrf)s to the Children and Youth Work Fund. whlch was money
raised by the Youth to support thelr summer camp, plus £200 from the Dlscretlonary Fund.
There were also some mlnor transfers to clear balarKes on funds that are no longer active.
11. Related partles
A total of £645 {2024: £713) was paid out to PCC members (or their close family membets) as
reimbursement for various parish expenses. Thts does not include expenses pald to the Incumbent
or curate in charge, a small immaterial portton of which may have related to thelr serv1￿9 as PCC
chair at diffe￿nt points in the year.
No other payments or expenses were paKI to any other PCC member, persons closely related to
them or ￿lated parties.
Page 18