Charity Registration Number 1201334
THE ANNUAL REPORT AND FINANCIAL STATEMENTS OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER, NORTON JUXTA MALTON FOR THE YEAR ENDED 31[ST] DECEMBER 2025
Incumbent: Reverend Jenny Buckler Independent Examiner: Mr Andrew Richardson 1-3 Wheelgate Malton YO17 7HT
Annual Report and Financial Statements of the Parochial Church Council of the Ecclesiastical Parish of St Peter, Norton Juxta Malton for the Year Ended 31 December 2025
Contents
Page PCC Reports 3 - 10 Independent 11 Statement of Financial Activities 12 Balance sheet 13 Statement of Cash Flows 14 Notes to the Accounts 15 - 31
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- Annual Report and Financial Statements of the Parochial Church Council for the Year Ended 31 December 2025
Aim and Purposes:
in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical. It also has responsibilities for the Church Hall which is within the church grounds.
Structure, Governance and Management:
juxta Malton Parish and is part of the Diocese of York within the Church of England. The correspondence address is The Parish Office, Church House, Langton Road, Norton, Malton, YO17 9AE. The PCC is a corporate body (PCC Powers Measure 1956, Church Representation Rules 2006). The PCC registered with the Charity Commission in 2022 under the name he Parochial Church Council of the Ecclesiastical Parish of St Peter, Norton Juxta Malton with a working name . The charity number is 1201334. PCC members who have served from 1 January 2025 (including those who stepped down in May 2025) until the date this report was approved are:
Incumbent: Revd. Jenny Buckler
| Elected Wardens: | Neal Cullis | elected 9thApril 2019 | elected 9thApril 2019 |
|---|---|---|---|
| Heather Towse | elected at APCM - Lay vice-chair | ||
| Ron Wilson | stepped down | at APCM | |
| Elected members: | Tracey Brown | elected 11thMay 2025 - Treasurer | |
| Vicky Fowler | " " | ||
| Martin Sunley | " " | ||
| Sarah Wright | " " | ||
| Matthew Burrows | elected 23rdApril 2023 | ||
| Jonathan Evans | elected 21stApril 2024 | ||
| Hannah Preston | " " | ||
| Heather Towse | " " | ||
| Mererid Hunt | co-opted - Secretary | ||
| Paul Tate-Smith | stepped down | at APCM | |
| Graham Wright | stepped down | at APCM | |
| Electoral Roll Officer | Rita Charvill | ||
| Representatives on the | Deanery Synod: Neal |
Cullis | elected 23rdApril 2023 |
| Matt | Burrows | elected 21stApril 2024 |
Assistant Churchwardens:/Sidespersons: Paul Buckle, Matt Burrows, Rita Charvill, Paul Tate-Smith, Ron Wilson, Jacqui Yard.
The method of appointment of PCC members is set out in the Church Representation Rules. membership consists of the incumbent (our vicar), church wardens and members elected by those members of the congregation who are on the electoral role of the church. All Church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC. The PCC members are responsible for making decisions on all matters of concern and importance to the parish including deciding on how the funds of the PCC are to be spent. Given its wide responsibilities the PCC has a number of committees / groups each dealing with a particular aspect of parish life. This includes a Church House committee which is responsible to the PCC and reports back to it regularly with the minutes of decisions being received by the full PCC and discussed as necessary.
Public Benefit
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that by promoting the work of the Church of England in the parish of Norton-juxta-Malton it provides a benefit to the public by:
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providing facilities for public worship and pastoral care both for its members and for anyone who wishes to benefit from what the Church can offer; and
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by promoting Christian values and service by members of the Church in and to their communities, to the benefit of individuals and society as a whole.
Electoral Roll & Church Attendance
After 6 years the Electoral Roll was totally renewed in 2025.
There are now 95 parishioners on the Roll, 40 of whom are not resident within the parish. The average weekly attendance, counted during October 2025 was 72 adults and 7 children.
PCC Meetings
The PCC met 10 times during the year when standing items on the agenda included - Conflict of interest, Churchwardens' report, Finance, Incumbent's report and Safeguarding. In addition, topical and relevant items were discussed which this year included provision for children and youth, provision for Parish Administration and adapting from medium to large charity status and different accounting system. The signed minutes are always posted at the back of the church on the PCC noticeboard. If parishioners have comments or questions they are encouraged to talk to any member of the PCC Mererid Hunt (Secretary) and Revd Jenny Buckler
Overview of the Year
veiled progress as redecorate where the preparation always takes longer than the slapping on a fresh coat of paint or wallpaper! This year has hosted encouraging progress in the realms of team formation, culture shaping and discerning direction. There has been preparation behind the scenes, and we have repeatedly been amazed and grateful for warden Team have continued to be a joy to serve alongside in the day-to-day running of the church and care of the site.
At Petertide 2025 we celebrated the Priesting of Revd Janet at Selby Abbey, welcoming her into her priestly ministering through Janet. We continue to pray for her as she explores her unique expression of ordained ministry
A number of adults, teens and infants stepped into their vocation as disciples of Jesus through baptism in 2025. faith at a Confirmation service i members were confirmed by Bishop Flora. Two teens discipleship programme through 2025 and no doubt been rewarded with a fuller understanding and commitment to their following after our Lord Jesus.
their role and helping to guard against the perils of isolation.
Succession in roles has also been significant for the Administrator and Treasurer in 2025. Anna concluded her employment looking after Church House hire and the PCC approved the expansion of the role and we were blessed to appoint Alice, a new Parish Administrator, looking after the hire of Church and Church House, with additional hours to support Parish ministry administration, ten hours in all. This role is supporting the important relationship between church and the community, for Kingdom purposes.
Registered Charity she handed-over the role to Tracey, who has been diligently learning on the job and with the
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GodmediumLegacy.
discerning of the direction of travel for the wider church. We worked towards discerning and shaping the vision -19), along with December 2025.
-19), along with
In the second half of 2025 we worked with a company to shape the logo, branding and website design to express this vision but that partnership turned-out to not be the right fit for us and so in 2026 we are resetting a new partnership to progress this project.
This is our third year of needing to migrate our main Sunday services from the Church building into Church House to reduce our carbon footprint and costs as the church is difficult and inefficient to heat. The tech team and churchwarden team have invested such care and lots of time to enable this move to be as accessible as a less-than. In anticipation, the Lord inspired some gifted individuals to form t who gathered and the project launched on Ascension Day 2025. The Ascension Team has can serve the vision for ministry and mission, with the view to investing the Monkman Legacy into reordering the site to achieve this. Our outside space is underutilised, and our buildings have limited functionality and so our ability to use them to serve to know the best way to approach this endeavour until we discovered some comprehensive resources from the -by-step guide and so now the team is stepping forward in unity of purpose and greater boldness!
Revd Jenny Buckler
Report:
1 Thessalonians 5:16-18 tells us to pray at all times. We have much to be thankful for. pray continually, give thanks in all circumstances; for this is God's will for you in Christ Jesus.
Fabric, Goods and Ornaments of the Church:
The following routine inspections and maintenance have been carried out this year:
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The annual fire extinguisher inspection was carried out on July 14[th] , for both the church building and Church House.
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The annual lightning conductor test will be carried out at the end of February (2026). A date from the engineer is still awaited at the time of reporting.
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The biannual organ tuning and maintenance was carried out as usual by Geoffrey Coffin of Principal Pipe Organs on May 19[th] and December 15[th] . A programme of recently identified essential repairs is ongoing but should not affect access to the organ, should this be needed in the interim (though certain components will be inoperable until the work is completed).
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The Church gas boilers were inspected by HeatinGlobal and certified as safe and efficient on November 6[th] . It remains unavoidable that the water pressures in both the boiler pipework circuit and in the circulation pipework must be checked manually and adjusted as necessary every week, due to probable leakage at inaccessible points. The system is operated daily for one hour during the cold weather at a programmed temperature of 7C to prevent the pipes from freezing. Additionally, the heating programmer is set when necessary for specific events (e.g. funeral services) to achieve an acceptable temperature. It is believed that further work to fix the presumed leaks and improve the efficiency of the system would be uneconomic at this stage, especially in the light of emerging plans for a major re-ordering of the church
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building (wherein the need for a much more economic and environmentally acceptable modern heating system is likely to be addressed).
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The ground source heating system in Church House now requires significant and costly remedial work to prevent catastrophic failure of the system. The company which performs the annual service agreed to honour their expired quotation for the repairs (following a delay in obtaining PCC approval for the works) and the work will now take place on Monday 23[rd] February. The company requested half of the quoted cost for the repairs to be paid up front to cover the purchase of the necessary materials and parts. This was agreed by the Standing Committee and the monies remitted as requested.
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The Fire Assembly Point sign has been sited at the edge of the church field adjacent to the car park for some time but has repeatedly been knocked over. It is intended to re-site it on the further side of the vehicular access to the field, close to the south boundary hedge, on a much more robust wooden post The church grounds have been well maintained by Richard Charvill and Denis Coldbeck, for whose efforts we remain very grateful. However, more volunteers are needed, particularly to maintain the South club for planting up this border.
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An arborist is to undertake a survey of all trees on the site on Monday 16[th] February and will report on the condition of each and advise any action required to ensure every tree is maintained in a safe condition.
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Access to church grounds was prevented for 24hrs from midday Sunday 24[th] August to midday Monday 25[th] August during the annual gate closure exercise to satisfy legal expectations.
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The new radio-linked smoke alarms were installed during this year (as advised in the Fire Safety Audit ), but the device placed in the ringing room in the tower fell from its location and is now unserviceable. One of the other smoke detectors will be re-sited shortly to ensure continuity of the radio frequency link, as the ringing room is the only occupied location in the building from which there is only a single practical means of escape in the event of fire.
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The old and damaged has been removed from display and professional advice sought about its significance, possible cleaning and repair and long-term preservation. We were advised that repair would be uneconomic and that the banner was of only minor historic value (machine made free tissue paper and boxing it to preserve it for posterity.
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Paul Richardson Plastering and Building specialist visited to survey and quote for remedial (lime mortar) re-pointing works to seal open joints in the stonework on the exterior of the Memorial Chapel and South Porch entrance. Scaffolding will go up on Friday 13[th] February with work starting on Monday 16[th] , weather permitting.
The following incidental issues were identified this year:
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Several rainwater leaks have been observed in Church during the year, mostly in the Memorial Chapel and Inner Vestry, though the most serious was noted on the north internal wall of the tower (caused by a blocked gulley, since remedied). In the interim, these are to be treated by sealing cracks in the lead roof coverings above with Evercryl . In due course, repairs to the lead itself may be needed to achieve a this is likely to be deferred, if practicable, to be addressed as part of the reordering
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project. An occasional further leak has been noted in the west side slate roof of Church House which will walls.
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The re-application of SmartWater (or similar product) to the more vulnerable areas of external metal roof coverings etc is required to satisfy the terms of our insurance, as may be the fitting of external roof alarm systems.
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It is intended to convene a Firewarden team to act as ushers to help evacuate the church building in the event of emergency (in particular fire). This team might also test the radio-linked smoke alarm system at defined intervals. A quote is still required for the proposed illuminated emergency exit signage for the church (a Fire Safety Audit recommendation).
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Members of the Churchwarden Team and Ascension Team (which is considering what features and vision for the future of our
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church) attended the Church Buildings Fit for Mission Diocesan event at Wydale Hall in November to listen to and discuss significant issues relating to church reordering. They had opportunity to speak with
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Catherine Copp, DAC Secretary and Keith Halliday, Diocesan Buildings Adviser, and gleaned important information about the application and faculty process, how to write statements of significance and statements of need and what must be included in each these. This information was disseminated to the Ascension Team in their December meeting.
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There are items from the last Quinquennial Report (2019) that still need attention- see below. The next Quinquennial Inspection is overdue (but delayed due to the impact of the Covid-19 pandemic) but will be arranged for the earliest possible date.
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An asbestos survey is required to satisfy insurance expectations and we await a quote from WE Harrison Ltd (Sheffield ), who are experts in the field and have been recommended by David Sherriff , our inspecting architect.
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Valuable, portable items are locked in the Vestry on the days that church is open to the public.
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More volunteers are needed to assist in meeting the demand for provision of pastoral care . A meeting will be organised shortly to progress this issue.
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Consideration needs to be given to implementing the iKnowChurch church administration system (part of which is freely available to Church of England churches) to streamline, integrate and secure our church administration activities for the future. Amongst many other benefits, the system will assist the Churchwarden Team in its legal obligation to maintain the church Terrier and Inventory, as well as to manage maintenance records, maintain the Electoral Roll etc. More widely, this system would provide tools -compliant management of congregational
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contact information and other significant functions.
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The gardening team have suggested that the fence at the front of Church House (western boundary) be re-painted this Spring to protect it and improve its appearance.
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The Fire Safety Audit recommended that flammable items (e.g. the plastic components of the Garden of Remembrance, stored poppy wreaths, wooden furniture, candle stands etc.) should no longer be stored in the boiler room. An exercise to identify what needs to be kept, and where to store it, will be undertaken as soon as possible.
The following has been actioned this year:
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The church has been opened to the public three days a week; there is now a Prayer Station in church where visitors and church family alike may take time to pray and also ask for prayer. Try Praying booklets have been provided by to help and encourage people to pray, even if they have never previously done so. There is also a prayer tree on which people can leave messages for prayer.
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Heather Towse
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th June.
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The new position of Church Administrator was advertised, candidates were interviewed and Alice Vale was appointed and inducted into the role.
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The need to be able to produce large banners to advertise church events etc. was identified but awaits
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New signage requesting dog walkers to clear up after their dogs on church property was printed and displayed. It is intended to change the colour of this signage at regular intervals to help alert the public to the issue.
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All members of the Churchwarden Team have now been trained to set the Communion Table unaided as per their rota duty.
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It was decided that we continue to use the existing church Canon printer/copier until it fails and it becomes necessary to replace it.
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A telephone meeting was held with Ecclesiastical Insurance (our current insurer) on November 10[th] to discuss our needs and various issues in advance of policy renewal in 2026. The needs to conduct an asbestos survey, lightning conductor testing, and producing a Key Inventory were identified during the discussion. All will be arranged to take place early in 2026.
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A leaking water boiler in Church House kitchen was condemned as unsafe and unserviceable and -effective replacement.
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Quinquennial Actions:
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Repair or replace, and re-paint, the rainwater goods on the church building. The Team has commissioned Andrew Brown to capture detailed drone camera footage of the whole system, as soon as weather conditions safely permit, to give to prospective contractors to help them quote for this work.
Proverbs 3: 5-6 May
Life.
" Trust in the Lord with all your heart and lean not on your own understanding; in all your ways submit to him, and he will make your paths straight".
Please pray for the church and the financial provision to address those issues identified which may fall outside the scope of the legacy gift.
Neal Cullis and Heather Towse
Safeguarding Report
understand the significance of fostering a supportive environment where faith can flourish while minimising the risk of any form of abuse. As of with most requirements already fulfilled, though a few will require further attention in the coming months. The most pressing tasks to complete involve aspects of data protection and ensuring safer recruitment procedures for volunteers. Achieving a 93% score on the dashboard is commendable, and we should take pride in collectively ensuring a safe space for everyone. The Safeguarding Administrator has utilised the Safeguarding Dashboard throughout the year and is actively updating the Safeguarding Hub. This initiative will help consolidate all our safeguarding documentation, making it straightforward to identify necessary actions at any time. The Safeguarding Hub enables us to track team members and volunteers, monitor training, create role descriptions, and uphold recruitment best practice. Once fully implemented, team leaders will be empowered to manage their own groups independently. As we look ahead to the coming year, we pray for wisdom, grace, and understanding. May we be guided and encouraged as we continue to strengthen and enhance our safeguarding practices, especially in welcoming and supporting new volunteers. Let us trust that our efforts will help nurture a safe and caring environment for all who
Sarah Wright (Safeguarding Officer) and Lynn Cullis (Safeguarding Coordinator)
Gift Aid
Figures for Gift Aided Giving for 2025 (together with the comparative figures for 2024) are as follows:-
----- Start of picture text -----
PLANNED GIVING 2025 2024
Number of people giving by Standing Order 40 38
Amount given £58,750 £67,902
No of people giving by Weekly Coloured 6 6
Envelopes
Amount given £3,575 £ 5,490
OTHER GIVING FOR COLLECTIONS
Amount given in White Envelopes £ 2,645 £ 5,241
Contactless Giving £ 159 £ 354
TOTAL GIVEN AS COLLECTIONS £65,129 £78,987
TAX RECOVERABLE on Collections £16,282 £19,747
Other Gift Aided Miscellaneous Giving £ 5,054 £ 7,689
TAX RECOVERABLE on Other Income £ 1,264 £ 1,922
----- End of picture text -----
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While giving appears to be declining, I mentioned last year that the giving in 2024 was somewhat skewed by several unusually large single gifts. Overall giving is reasonably stable over the year.
The envelope scheme is being gradually phased out, and this is the last year we will be issuing the boxes of envelopes. Unfortunately, they are quite expensive, especially in small numbers and administratively burdensome.
has been little change in any of the areas I mentioned.
So I thought I would slightly rehash them to hopefully draw eyes to the places we can improve our patterns of giving:-
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We should all review our giving annually and bear in mind to us and how we want to respond to that.
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It would be amazing to be a cashless church , or as close as we can get, clearly there is always a need for some cash giving but where we can do things by direct bank transfers or contactless giving it is really helpful to our large team of volunteers committed to counting, banking and allocating cash donations. If we had no cash on Sunday mornings, two people each week could relax with a coffee!
HM Revenue & Customs are continuing to allow the reclaim of tax on non-gift aided cash donations up to a limit of £8,000 (ie £2,000 tax reclaim) in any given tax year. For the calendar year 2025 we were able to claim £1,264 (on anonymous cash donations of £5,054).
If anyone would like information on other ways of giving, please have a word with either Tracey Brown (Treasurer), or myself. Gift-aiding increases giving by 25% at no extra cost to the donor, providing you are paying the tax to cover it.
Freely you have received; freely give . Matthew 10:8
Cate Tate-Smith (Gift Aid Secretary)
Financial Review
Overall Receipts in 2025 were £528,688 compared to £141,801.37 in 2024, however £395,000.00 of this is from the legacy. Within this £114,636 were unrestricted funds (£138,448.63 in 2024) and £885 were restricted (£3,352.74 in 2024). £413,167 is from designated funds and this includes the legacy. The main source of the unrestricted income was planned giving (monthly standing orders and the envelope scheme) which totalled £71,395.98, down 2.4% from £73,158.74 in 2024. We have also continued to hire out the church and church hall and this has generated £13,526, down from £14,770.00 in 2024. Our Gift Aid refunds generated £17,709.82 of
and also a reduction in other donations. Wedding and funeral income is also down (£3,974 in 2025 versus £7,720.55 in 2024, down 48.5%).
the running of Church House. This is up marginally from £123,495 in 2024. Many expenses have fluctuated from the previous year, but an additional expense in 2025 was the purchase of a new organ bench at £3,048.
We have an overall decrease in our restricted funds of £224.68, but we have purchased replacement crash mats for the toddler group at a cost of £399.90.
The net result for the year on ordinary unrestricted funds was an increase of £406,199 including the legacy of £395,000.00. Without the legacy the net increase is £11,199 (£22,164.71 in 2024).
Adding bank and deposit balances brought forward at the beginning of the year the balance carried forward on unrestricted funds at 31 December 2025 was £488,483. Total balances including restricted funds stands at £506,518.
their time and extend their heartfelt thanks to you all.
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Looking forward to 2026 and beyond. our financial focus continues lo be lo ensure we 'pay our way. In terms of overing our clergy costs and support lo Ihe Ehocese. We have pledged lo increase our Free w'ii Offer lo the Diocese for 2026 from £73.000 10 £75.500. We are incredibly graleful lo be in receipt of a 5ubslanlial legacy. To dale we have feceived £395.C0 and expect lo receive more over the next lew years as property and land of the eslale is sold. This income has been wl ade In a woject fund as V continue lo discern how best lo develop the buildings al si Peter's and the future direction of si Peler's Church TI"LZi¢y 13J'¢•wi (f•taJ<ei") Reserves Policy Our policy Is lo keep a cash balance equivalent to approximalely 3 months of running costs (for both the Church and Church House} In reserve to cover unforeseen costs This equates lo approximately £29.000. There is also £10,000 held in reseThe which will be spent over the next 5 years on Quinquennial expenditure. Any cash held above this is reviewed gUladY lo ensure It can te used for projects as needed The reserves policy is reviewed annually. Investrnent Pollcy 11 is our policy lo Invest our funds balances with Ihe CBF Church of England Deposit and Investment Funds The legacy income has been deposited primarily In a 12 month fixed rale saver account and a 120 notice deposit account. In view of the likely timescale for expendilure of the bulk of these funds and uncertainly over m8rkel conditions In the meantime. il would be appropnale lo avoid signifscanl risk and keep funds in cash deposits. The PCC will avlhorise the opening ol addilional bank deposit accounts as necessary, seeking lo maximise the rale of interest consislenl with the security of the funds the required availability for expendilufe. r•'L4<ty (fYe4st4•'e4") Approved by the PCC On 11 kn March 2026. slgned on their behalf by Revd Jenny Bucklor ¢PCC Chalr) 11.iii.2026 io
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Dalance Jheet Fixed assets Tangible assets InvesrrTtncs Ttstal fixed assets Current assets Stock Bebtor5 Cash at bank and In hand Total ¢urT•nt assets L5abilities Creditors.. anur$ fallin9 due In 5$ than Year Not current ••iets Total •¥wts l••• ¢uff•nt Il•bllltl•• CreOrtor5.' arnunts falling due after rrore than one year Net assets Fund$ of the charfty: slrKted Inco funds UnrestrKted Incorre funds Oc#i9fbQt¢d ifb¢oYre fmd¥ 12,491 , 7.570 Total charlty fund• The notes on pages IS to 31 form part of these accnts. Trustee Nan Pnie
St Peter's Church, Norton
Statement of Cash Flows for the year ending 31 December 2025
| Note 2025 £ |
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| 2024 | ||||||||||||||
| £ | ||||||||||||||
| Cash provided by/(used in) operating activiti 25 394,255 |
||||||||||||||
| 15,334 | ||||||||||||||
| Cash flows from investing activities: | ||||||||||||||
| Dividends, interest, and rents from investments 10,234 Proceeds from sale of tangible fixed assets - Purchase of tangible fixed assets (3,048) Proceeds from saleof investments - |
||||||||||||||
| 4,610 | ||||||||||||||
| - | ||||||||||||||
| (6,545) | ||||||||||||||
| - | - | |||||||||||||
| Purchase of investments | - | - | ||||||||||||
| Cash provided by/(used in) investing activities 7,186 |
||||||||||||||
| (1,935) | ||||||||||||||
| Cash flows from financing activities: Repayment of borrowing - Cash inflows from new borrowing - |
||||||||||||||
| - | ||||||||||||||
| - | - | |||||||||||||
| Cash provided by/(used in) financing activities - |
||||||||||||||
| - | ||||||||||||||
| 401,441 Cash and cash equivalents at the beginning of the ye 92,921 Cash and cash equivalents at the end of the year 494,362 Increase/(decrease) in cash and cash equivalents in the year |
||||||||||||||
| 13,399 | ||||||||||||||
| 79,522 | ||||||||||||||
| 92,921 | ||||||||||||||
| - | - | |||||||||||||
14
St Peter's Church, Norton
Notes to the accounts for the year ended 31 December 2025
1 Accounting policies
The principal accounting policies adopted, judgments and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
a Basis of preparation
The financial statements have been prepared in accordance with 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), second edition - October 2019 (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Accounting Practice.
The accounts (financial statements) have been prepared to give a 'true and fair view' and 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 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), second edition - October 2019, rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
Comparative information has been restated as far as practicable on a like-for-like basis, in accordance with FRS102.
St Peter's Church, Norton meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.
15
St Peter's Church, Norton
Notes to the accounts for the year ended 31 December 2025 (continued)
b Reconciliation with previous Generally Accepted Accounting Practice
In preparing the accounts, the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 the restatement of comparative items was required. 1 January 31 2024 December £ £ Fund balances as previously stated - - Short-term compensated absences - - Fund balances as restated - -
c Preparation of the accounts on a going concern basis
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next reporting period.
d Income
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.
Income from government and other grants, whether grants or grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.
For legacies, entitlement is taken when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is a treated as a contingent asset and disclosed if material.
Income received in advance of a provision of a specified service is deferred until the criteria for income recognition are met.
16
St Peter's Church, Norton
Notes to the accounts for the year ended 31 December 2025 (continued)
Donated services and facilities
Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), general volunteer time is not recognised; refer to the annual report for more information about their contribution.
On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.
Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.
17
St Peter's Church, Norton
Notes to the accounts for the year ended 31 December 2025 (continued)
O Fund accounting
Unrestricted funds are available to spend on activities that further any of the purposes of the charity.
Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose.
Restricted funds are donations which the donor has specified are to be solely used for particular areas of the work or for specific projects being undertaken by the charity.
P Expenditure and irrecoverable VAT
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:
-
Expenditure on charitable activities includes the costs undertaken to further the purposes of the charity and their associated support costs.
-
Other expenditure represents those items not falling into any other heading.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
Q Tangible fixed assets
Individual fixed assets costing £1000 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis as follows:
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Computer Equipment 4 years
Fixtures and equipment 10 years
Fixed asset investments
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Investments are a form of basic financial instrument and are initially recognised at their transaction value and subsequently measured at their fair value as at the balance sheet date using the closing quoted market price. The statement of financial activities includes the net gains and losses arising on revaluation and disposals throughout the year.
The main form of financial risk faced by the charity is that of volatility in equity markets and investment markets due to wider economic conditions, the attitude of investors to investment risk, and changes in sentiment concerning equities and within particular sectors or sub sectors.
R Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
18
St Peter's Church, Norton
Notes to the accounts for the year ended 31 December 2025 (continued)
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S Cash at bank and in hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a
short maturity of three months or less from the date of acquisition or opening of the deposit
or similar account.
T Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting
from a past event that will probably result in the transfer of funds to a third party and the
amount due to settle the obligation can be measured or estimated reliably. Creditors and
provisions are normally recognised at their settlement amount after allowing for any trade
discounts due.
Financial instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic
financial instruments. Basic financial instruments are initially recognised at transaction value
and subsequently measured at their settlement value with the exception of bank loans
which are subsequently measured at amortised cost using the effective interest method.
U Pensions
Employees of the charity are entitled to join a defined contribution
scheme. The contribution is restricted to the contributions disclosed in note 8.
There were no outstanding contributions at the year end.
2 Legal status of the charity
The charity is an unincorporated charity, registered as a charity in England & Wales.
3 Income from donations and legacies
Current reporting period Unrestricted Designated Restricted Total 2025
£ £ £ £
Donations 98,818 150 226 99,194
Grants received 300 - 300
Legacies 5,000 391,000 - 396,000
Total 103,818 391,450 226 495,494
Previous reporting period Unrestricted Designated Restricted Total 2024
£ £ £ £
Donations 105,097 2,700 3,101 110,898
Grants received - - - -
Legacies 1,000 - 1,000
19 Total 105,097 3,700 3,101 111,898
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St Peter's Church, Norton
Notes to the accounts for the year ended 31 December 2025 (continued)
4 Income from charitable activities
Current reporting period Unrestricted Designated Restricted Total 2025
£ £ £ £
Event Income 1,824 222 - 2,046
Other Income - - - -
Total 1,824 222 - 2,046
Previous reporting period Unrestricted Designated Restricted Total 2024
£ £ £ £
Event Income 1,464 583 - 2,047
Other Income - - - -
Total 1,464 583 - 2,047
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20
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St Peter's Church, Norton
Notes to the accounts for the year ended 31 December 2025 (continued)
5 Income from other trading activities
Unrestricted Designated Restricted Total 2025
£ £ £ £
Weddings & Funerals 3,974 3,974
Community Café 1,194 1,194
External Hire Charges 2,220 13,526 15,746
7,388 13,526 - 20,914
Unrestricted Designated Restricted Total 2024
£ £ £ £
Weddings & Funerals 7,721 7,721
Community Café 706 50 756
External Hire Charges 1,615 13,155 14,770
10,042 13,155 50 23,247
6 Investment income
Current reporting period Unrestricted Designated Restricted Total 2025
£ £ £ £
Income from bank deposits 216 7,969 659 8,844
Dividends received - - - -
Rent - investment property 1,390 - 1,390
1,606 7,969 659 10,234
Previous reporting period Unrestricted Unrestricted Restricted Total 2024
£ £ £ £
Income from bank deposits 1,236 1,947 202 3,385
Dividends received - - - -
Rent - investment property 1,225 - 1,225
2,461 1,947 202 4,610
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21
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St Peter's Church, Norton
Notes to the accounts for the year ended 31 December 2025 (continued)
7 Cost of raising funds
2025 2024
£ £
Membership scheme 75 71
75 71
All expenditure on cost of raising funds is unrestricted.
8 Analysis of expenditure on charitable activities
Current reporting period Total 2025 Total 2024
£ £
Overseas Mission 4,100 4,000
Home Mission 3,000 3,000
Community Café 550 300
Governance costs
(see note 10) - -
7,650 7,300
2025 2024
£ £
- -
Restricted expenditure
Unrestricted expenditure 7,650 7,300
- -
Designated
7,650 7,300
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22
St Peter's Church, Norton
Notes to the accounts for the year ended 31 December 2025 (continued)
9 Analysis of expenditure on Church Activites
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Current reporting period Total 2025 Total 2024
£ £
Bank Charges 555 296
Candles, wine, wafers 227 141
Church Services 210 90
Cleaning 5,394 5,658
Computer & Website 1,352 521
Consumables 496 450
Discipleship 456 -
Flowers 32 38
Freelance preachers 100 -
FreeWill Offering 73,000 70,000
Holiday Club expenses 297 117
Insurance 6,072 5,978
Licences - 866
Miscellaneous expenses 448 533
Mission & Evangelism 1,500 650
Music 4 270
Organ 359 187
Printing, stationery & 78 47
Repairs & renewals 2,004 9,717
Safety 1,544 1,996
Salary 4,907 3,160
Subscriptions 282 60
Toddlers' Group expens 12 8
Training & Education 178 -
Utilities 11,068 11,771
Vicar & Curate Expenses 1,919 -
Vicarage Upkeep 836 975
Visitor Expenses 234 -
Wi-Fi/Office Telephone 907 835
Youth Club 213 123
Depreciation 1,940 1,637
116,624 116,124
2025 2024
£ £
Restricted expenditure 2,745 7,211
Unrestricted expenditure 94,640 91,450
Designated 19,239 17,463
116,624 116,124
23
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23
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St Peter's Church, Norton
Notes to the accounts for the year ended 31 December 2025 (continued)
10 Analysis of governance and support costs
Current reporting period Basis of Governance Total 2025
apportionment £ £
- -
Previous reporting period Basis of Governance Total 2024
apportionment £ £
- -
11 Net income/(expenditure) for the year
This is stated after charging/(crediting): 2025 2024
£ £
Depreciation 1,941 1,637
Independent examiner's fees - -
12 Staff costs
Staff costs during the year were as follows:
2025 2024
£ £
Wages and salaries 4,907 3,160
- -
Social security costs
Pension costs - -
- -
Redundancy and termination costs
4,907 3,160
No employees has employee benefits in excess of £60,000 (2024: Nil).
The average number of staff employed during the period was 1 (2024: 1).
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24
St Peter's Church, Norton
Notes to the accounts for the year ended 31 December 2025 (continued)
13 Trustee remuneration and expenses, and related party transactions
Neither the management committee nor any persons connected with them received any remuneration or reimbursed expenses during the year (2024: Nil).
There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.
Trustees or other persons related to the charity had a personal interest in a contract or transaction entered into by the charity, including guarantees, during the year totalling £2639 (2024: £4265).
14 Corporation tax
The charity is exempt from tax on income and gains falling within Chapter 3 of Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the charity.
15 Fixed assets: tangible assets
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Fixtures & Computer
Fittings equipment Total
Cost £ £ £
At 1 January 2025 - 6,545 6,545
Additions 3,048 3,048
Disposals - - -
At 31 December 3,048 6,545 9,593
Depreciation
At 1 January 2025 - 1,637 1,637
Charge for the year 305 1,636 1,941
Disposals - - -
At 31 December 305 3,273 3,578
Net book value
At 31 December 2,743 3,272 6,015
At 31 December - 4,908 4,908
25
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25
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St Peter's Church, Norton
Notes to the accounts for the year ended 31 December 2025 (continued)
16 Investments
2025 2024
£ £
Market value at the start of the year 8,915 8,915,915915
Add: additions to investments at cost - -
Disposals at carrying valueposals at carrying valuesals at carrying valueals at carrying valuels at carrying valueat carrying valuet carrying valuearrying valuerrying valueying valueing valueg value valuealuelueuee - -
Add net gain/(loss)dd net gain/(loss) net gain/(loss)gain/(loss)in/(loss)/(loss)loss)oss)ss)) on revaluationn revaluationaluationluationuationtiononn 5377 -
9,452 8,915
Cash held by investment broker pending
reinvestment - -
Market value at the end of the year 9,452 8,915
Investmentsstmentstmentss at fair value comprised:t fair value comprised:air value comprised:ir value comprised:alue comprised:lue comprised:ue comprised:e comprised:omprised:mprised:prised:rised:sed:ed:d::
Equitiesquitiesuities 9,452,452452 8,915,915915
Fixed interest securities - -
Cash held within the investment portfolioportfolioortfolio
9,452 8,915
Investmentsstmentstmentss are all carriedre all carriedall carriedll carriedarriedrriedd at fair value andt fair value andair value andir value andalue andlue andue ande andandndd are all traded in quotedre all traded in quotedall traded in quotedll traded in quotedaded in quoteded in quotedd in quoted in quotedquotedtedd public markets.lic markets.arkets.rkets.s..
17 Debtors
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2025 2024
£ £
Market value at the start of the year 8,915 8,915,915915
Add: additions to investments at cost - -
Disposals at carrying valueposals at carrying valuesals at carrying valueals at carrying valuels at carrying valueat carrying valuet carrying valuearrying valuerrying valueying valueing valueg value valuealuelueuee - -
Add net gain/(loss)dd net gain/(loss) net gain/(loss)gain/(loss)in/(loss)/(loss)loss)oss)ss)) on revaluationn revaluationaluationluationuationtiononn 5377 -
9,452 8,915
Cash held by investment broker pending
reinvestment - -
Market value at the end of the year 9,452 8,915
Investmentsstmentstmentss at fair value comprised:t fair value comprised:air value comprised:ir value comprised:alue comprised:lue comprised:ue comprised:e comprised:omprised:mprised:prised:rised:sed:ed:d::
Equitiesquitiesuities 9,452,452452 8,915,915915
Fixed interest securities - -
Cash held within the investment portfolioportfolioortfolio
9,452 8,915
Investmentsstmentstmentss are all carriedre all carriedall carriedll carriedarriedrriedd at fair value andt fair value andair value andir value andalue andlue andue ande andandndd are all traded in quotedre all traded in quotedall traded in quotedll traded in quotedaded in quoteded in quotedd in quoted in quotedquotedtedd public markets.lic markets.arkets.rkets.s..
17 Debtors
2025 2024
£ £
Grants receivable - -
Trade debtors - -
Other debtors - -
Prepayments and accrued income 6,156 3,189
6,156 3,189
18 Cash at bank and in hand
2025 2024
£ £
Short term cash investments - -
(less than 3 month maturity date) - -
Short term deposits 398,864 -
Cash at bank and on hand 95,498 92,921
Other - -
26 494,362 92,921
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26
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St Peter's Church, Norton
Notes to the accounts for the year ended 31 December 2025 (continued)
19 Creditors: amounts falling due within one year
2025 2024
£ £
Bank overdraft - -
Bank loan - -
Trade creditors - -
Short term compensated absences (holiday pay) - -
Other creditors and accruals 1,953 1,739
Deferred income 1,499 -
- -
Taxation and social security costs
3,452 1,739
Deferred income
2025 2024
£ £
Deferred grant brought forward - -
Grant received - -
Released to income from charitable activities - -
Deferred grant carried forward - -
20 Creditors: amounts falling after more than one year
2025 2024
£ £
Secured bank loan - -
- -
- -
Repayable after more than 5 years by instalments
Repayable after more than 5 years other than - -
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27
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St Peter's Church, Norton
Notes to the accounts for the year ended 31 December 2025 (continued)
21 Analysis of movements in restricted funds
Current reporting Balance at
period Balance at 31
1 January December
2025 Income Expenditure Transfers 2025
£ £ £ £ £
Activity 1
Sunday School Fun 14,987 885 (1,109) - 14,763
Restricted Donatio 4,908 - (1,636) - 3,272
Total 19,895 885 (2,745) - 18,035
Previous reporting Balance Balance at
period at 1 31
January Income Expenditure Transfers December
£ £ £ £ £
Activity 1
Sunday School Fun 17,208 3,353 (5,574) 14,987
Restricted Donatio - - (1,637) 6,545 4,908
Total 17,208 3,353 (7,211) 6,545 19,895
22 Analysis of movement in unrestricted funds
Current reporting Balance
period at 1 As at 31
January December
2025 Income Expenditure Transfers 2025
£ £ £ £ £
General fund 7,570 114,636 (102,365) (7,350) 12,491
7,570 114,636 (102,365) (7,350) 12,491
Previous reporting Balance As at 31
period at 1 December
January Income Expenditure Transfers 2024
£ £ £ £ £
General fund 16,827 119,064 (98,821) (29,500) 7,570
16,827 119,064 (98,821) (29,500) 7,570
28
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St Peter's Church, Norton
Notes to the accounts for the year ended 31 December 2025 (continued)
23 Analysis of movement in Designated funds
Current reporting Balance
period at 1 As at 31
January December
2025 Income Expenditure Transfers 2025
£ £ £ £ £
Church House 4,862 13,852 (17,101) 3,350 4,963
Contingency 40,217 2,344 (579) - 41,982
Helping Hand 2,144 118 - - 2,262
Mission Opportunity 5,006 473 (1,559) - 3,920
Projects 28,500 396,380 4,000 428,880
80,729 413,167 (19,239) 7,350 482,007
Previous reporting Balance As at 31
period at 1 December
January Income Expenditure Transfers 2024
£ £ £ £ £
Church House 7,274 13,521 (16,433) 500 4,862
Contingency 34,942 3,962 (187) 1,500 40,217
Helping Hand 2,061 83 - - 2,144
Mission Opportunity 4,815 819 (628) - 5,006
Projects - 1,000 - 27,500 28,500
Development projects 215 (215)
49,307 19,385 (17,463) 29,500 80,729
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29
St Peter's Church, Norton
Notes to the accounts for the year ended 31 December 2025 (continued)
----- Start of picture text -----
24 Analysis of net assets between funds
Current Reporting Period General Designated Restricted
fund funds funds Total
£ £ £ £
Tangible fixed assets - 2,743 3,272 6,015
Fixed asset investments - 9,452 9,452
Other net current assets/(liabilities) 12,491 479,264 5,311 497,066
Creditors of more than one year - -
Total 12,491 482,007 18,035 512,533
Previous Reporting Period General Designated Restricted
fund funds funds Total
£ £ £ £
Tangible fixed assets - - 4,908 4,908
Fixed asset investments - 8,915 8,915
Other net current assets/(liabilities) 8,606 79,693 6,072 94,371
Creditors of more than one year - -
Total 8,606 79,693 19,895 108,194
Operating lease commitments
The charity's total future minimum lease payments under non-cancellable operating leases is as
Property Equipment
2025 2024 2025 2024
£ £ £ £
Less than one year - - - -
One to five years - - - -
Over five years - - - -
- - - -
Contingent assets
As at the period end the charity has been notified of a legacy the value of which is uncertain
but is based on valuations and is likely to be approximately £1,000,000 of which we have
received £396,000. Funds received to date from the legacy have been recognised in the
accounts in a designated project fund.
Contingent liability
As at the period end the charity was not aware of any contingent liablities.
Post balance sheet events
30
As at the period end the charity was not aware of any post balance sheet events.
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~~30~~
St Peter's Church, Norton
Notes to the accounts for the year ended 31 December 2025 (continued)
25 Reconciliation of net movement in funds to net cash flow from operating activities
----- Start of picture text -----
2025 2024
£ £
Net income/(expenditure) for the year 404,339 18,307
Adjustments for:
Depreciation charge 1,941 1,637
Loss/(profit) on sale of fixed assets - -
(Gains)/losses on investments (537) -
Dividends, interest and rents from investments (10,234) (4,610)
Decrease/(increase) in stock - -
-
Decrease/(increase) in debtors (2,967)
-
Increase/(decrease) in creditors 1,713
Net cash provided by/(used in) operating 394,255 15,334
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31