_PCC St Laurence Foleshill Annual Report and Accounts 2025: Charity No. 1202588_ The Parochial Church Council, St Laurence, Foleshill Annual Report and Financial Statement 1 January 2025 – 31 December 2025 Charity No 1202588 1 _PCC St Laurence Foleshill Annual Report and Accounts 2025: Charity No. 1202588_ |**Contents**|| |---|---| |Reference and Administrative details|Page 3| |Objectives and Activities|Page 4| |Achievements and Performance|Page 5| |Financial Review|Page 7| |Structure, Governance and Management|Page 8| |Declarations|Page 9| |Appendix A: Annual Accounts|Page 10| |Statement of Financial Activities|Page 11| |Statement of Assets and Liabilities|Page 12| |Approval of Accounts by PCC|Page 12| |Notes to the Financial Statements|Page 13| |Independent Examiners Report|Page 21| 2 _PCC St Laurence Foleshill Annual Report and Accounts 2025: Charity No. 1202588_ ## **Reference and Administrative details** |Charity name|PCC St Laurence Foleshill| |---|---| |Registered charity number|1202588| |Charity’s principal address|142 Old Church Road
Coventry
CV67ED| The charity trustees who have served at any time from 1[st] January 2025 until the date this report was approved are: Ex Officio members: Rev Gareth Iain Irvine Rev Jennifer Anne Irvine Rev Kate Louise Elizabeth Pellereau Rev Rebecca Henney Christine Joan McKirdy Ben James Verdon Vicar/Chair of PCC Associate minister Associate minister PCC Secretary to 11/02/25 Curate Churchwarden / Safeguarding Officer / Lay Chair of PCC Churchwarden Elected by the Annual Parochial Church Meeting: Piers Anthony Denholm-Young Millicent Anne Dews Dawn Louise Flavell (until 11 May 2025) Michelle Goodson-McDonald James Edward Henney Linda Lengden (from 11 May 2025) Mary Taylor Ayla Verdon (until 11 May 2025) Co-opted members: Margaret Patricia Locke-Wheaton Laura Rachel Edmunds (from 11/02/25) Treasurer PCC Secretary 3 _PCC St Laurence Foleshill Annual Report and Accounts 2025: Charity No. 1202588_ The trustees of the Parochial Church Council of St Laurence Foleshill present their annual report. ## **Objectives and Activities** St Laurence Foleshill is a Church of England Parish Church in the Diocese of Coventry offering charitable services to the locality. We hold weekly Sunday services as well as family; children’s and youth work; food poverty relief; pastoral support; and other Christian events, courses and ministries. The Parochial Church Council of St Laurence Foleshill (PCC) has the responsibility for promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. When planning our activities for the year we have considered the Charity Commission’s guidance on public benefit and, in particular, the supplementary guidance on charities for the advancement of religion. We are a community called to: - worship God - grow as disciples of Jesus - transform the communities of North Coventry in love To facilitate this work it is important that we maintain the fabric of the Church building and the church hall together with the surrounding grounds. The PCC is also responsible for maintaining a freehold property (house) in Gayer Street, Coventry that it owns, which is let out to tenants to provide additional income. 4 _PCC St Laurence Foleshill Annual Report and Accounts 2025: Charity No. 1202588_ ## **Achievements and Performance** The church works at the centre of the community in partnership with the local school, care home and other groups (such as Coventry Foodbank and Christians Against Poverty) who share our aims. The Hope Hub offers emergency food support in a warm, safe place with additional help (such as debt support) available and it is always busy. The Growing Faith Leader works with local primary schools and a neighbouring parish church and co-ordinates regular activities for families, children and youth (including food), along with a holiday events during school holidays. The staff team offers pastoral support in various ways to those within our community. St Laurence’s Church is one of six Diocesan Mission Hubs across Coventry Diocese, supporting and resourcing leaders and churches in the development of discipleship, growing leaders and planting new worshipping communities, with a particular focus of regeneration of urban parishes in North and East Coventry. The church hall (that is the base for most activities) is also an affordable resource space for community groups to hire. We have a dedicated safeguarding lead, with regular training and support for all staff and volunteers in their work with children and vulnerable adults. We do everything we can to protect people from any form of abuse, neglect or harm of any kind. Over the course of the year we have offered our normal range of services and activities. These include:- - Weekly services enabling the community to meet together to worship, with Sunday Club for primary aged children and a monthly All-Together Family worship. - Special services at Christmas, Easter, Pentecost and Harvest. - Weddings, baptisms and funerals as required. - Distributing emergency food parcels to those in need and also offering support, a warm safe space and signposting with food and drink, a charging point and Databank available (Hope Hub). - Working with the local Church of England Primary School running after school clubs, stay and play sessions, supporting staff and hosting school assemblies in the church. - • After school activities for families (Connect). - A monthly informal service of worship and prayer (Encounter) which welcomes members from other local churches across the Deanery and Mission Hub. - School holiday events for families. - Youth group that is a broad demographic reflective of the diversity within the local community. - We are part of Coventry North Deanery. Our hall users include:- - Ladybird Pre-School Playgroup with places for 40 children. - Cocaine Anonymous with an average of 10 individuals supported each week. - • Groups from BAME communities with 50-60 people in. ## Highlights of the year are:- - Our worshipping community comprised 49 adults and 49 children/young people. - We celebrated 3 baptisms and 1 thanksgiving service for babies/young children. - Two weddings were held in our church. - One of our young people was confirmed. 5 _PCC St Laurence Foleshill Annual Report and Accounts 2025: Charity No. 1202588_ - 17 funeral services were held in our church or led by our staff. - The Hope Hub provided food parcels for 15 to 40 families/individuals a week (part funded by a grant from the National Lottery Community Fund). - Hope Hub Christmas dinner served around 50 people, and 70 Christmas hampers were distributed (part-funded by grants from Love Christmas and Coventry General Charities). - The youth group (around sixteen 11-14 year olds) continued to meet, with an optional Bible study. They arranged a Thrive event where a Double Decker bus visited our church car park for pizza and games and an invitation to join the weekly group. Some of the group went to Basecamp (an activities weekend with worship, prayer and Bible study) and to the Youth City Praise and Prayer. - Little Stars has been restarted at St Laurence’s School, together with an after-school Bible Club for Year 2 pupils. - We piloted a Prayer Space during Advent at the school. - Our Growing Faith Leader ran a stay and play group and a Christmas session at St Pauls Church. They also ran a WW2-themed session at Chetwynd Primary School. - The Mission Hub co-ordinated regular North Coventry Leaders prayer meetings, a monthly meeting of local missionally minded leaders and also helped run a course for Church Planters. - The Greenhouse group was paused. - At Pentecost we visited Riley Square with chocolates, hot drinks and fliers with blessings on. Other outreach events were arranged in July and September. - We continue to keep up to date on safeguarding training, DBS checks and other tasks required on the Safeguarding Dashboard. There were no safeguarding reports throughout 2025. - The tenancy at Gayer Street was renewed for another year. - The Deanery Synod met 3 times. A Growing Faith Leader was appointed in September to work with St Laurence’s school and St Pauls Foleshill and build on the work previously done by our Family Link Worker. All volunteers and staff have been safely recruited and appropriate safeguarding training has been completed. Our plans for the future include:- - Developing the work of our Growing Faith Leader - Expanding the services of the Hope Hub - The future of the Riley Square project is currently uncertain, so we continue to pray for what comes next. - We hope to update the church heating system (the faculty to do this has been applied for). We would like to thank our staff team and the large group of over 30 volunteers who contribute time and energy to help our activities run successfully. We would also like to thank our 14 regular donors, together with those who have given us one off donations and grants during the year. All this has enabled us to serve the local community in the many different ways described above. 6 _PCC St Laurence Foleshill Annual Report and Accounts 2025: Charity No. 1202588_ ## **Financial Review** ## **Review of financial position at end of year** The total receipts of unrestricted funds were £106,710. This came from donations (£52,918 including Gift Aid), letting out our hall, weddings and funerals and other operating activities (£42,759), letting out the freehold house in Gayer Street (£9,690) and other investment income (£1,343). We also received £24,873 of restricted donations and grants (for our Hope Hub, Growing Faith Leader employment costs, fabric maintenance and poor fund) and £3,415 of restricted investment income (for fabric maintenance), making our total income for 2025 £134,998. £83,456 of unrestricted funds and £23,019 of restricted funds were spent on the activities and achievements described earlier in this report (total £106,475). This included our £32,042 contribution to the diocese (the parish share that helps provide stipends and housing for the clergy) and our staff employment costs (£28,667). The net result for the year was a surplus of income over expenditure of £28,523. This was unusually high as we received a large one-off donation this year of £29,388. We carry forward a cash balance of £43,578 unrestricted funds and £36,072 restricted funds totalling £79,650. The unrestricted funds are split between the general fund (£2,923), the designated capital projects and reserves fund (£38,018) which is earmarked for large projects and the designated Mission Hub Fund (£2,637) which is earmarked for the work of the Mission Hub. Full details are in our Financial Statements in Appendix A. ## **Reserves policy** It is PCC policy to try to maintain a balance on unrestricted funds which equates to at least three months of unrestricted payments. This is equivalent to just over £25,000. This would be held to smooth out fluctuations in cash flow and to meet emergencies. The cash balance of £2,923 held in our general fund at the end of the year was much lower than this target _._ It is the PCC’s hope to increase this over time, as and when funds are available. Once again our general expenses exceeded our income and we had to use £7,500 from the Capital Projects and Reserves Fund to cover our costs. 7 _PCC St Laurence Foleshill Annual Report and Accounts 2025: Charity No. 1202588_ ## **Structure, Governance and Management** The PCC is a body corporate (PCC Powers Measure 1956, Church Representation Rules 2006). The method of appointment of PCC members is set out in the Church Representation Rules. At St Laurence’s the membership of PCC consists of the vicar, associate ministers and curate, the church wardens, the treasurer, the PCC Secretary and PCC members elected by those members of the congregation who are on the electoral roll of the church. All those who attend our services 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 general concern and importance to the parish including how the funds of the PCC are to be spent. New members receive initial training into the workings of the PCC. The PCC met 5 times during the year. Some of our PCC members are paid staff or related to other PCC members or staff. Where there is a conflict of interest these PCC members withdraw from the discussion and decision making. In between PCC meetings the standing committee (vicar, associate minister, curate, church wardens, treasurer, PCC secretary) make any significant decisions, reporting back next time the PCC meets. The staff team (ordained staff, paid staff, plus a church warden/safeguarding lead) are responsible for day-to-day decisions. ## **Safeguarding** The PCC of St Laurence, Foleshill is committed to the safeguarding, care and nurture of everyone within our church community and has made the following policy commitments:- - Promoting a safer environment and culture - Safely recruiting and supporting all those with any responsibility related to children, young people and vulnerable adults within the church - Responding promptly to every safeguarding concern or allegation - Caring pastorally for victims/survivors of abuse and other affected persons - Caring pastorally for those who are the subject of concerns or allegations of abuse and other affected persons - Responding to those that may pose a present risk to others We have a dedicated safeguarding lead and regular training and support for all staff and volunteers. 8 PCC St Laurence Foleshill Annual Report and Accounts 2025.. Charity No. 1202588 Declarations The trustees declare that they have approved the trustees. report above at the PCC meeting on 16 March 2026. Signed on behalf of the charity trustees Signaturelsl Full name Is) Position {eg Secretary, Chair, etc) Date _PCC St Laurence Foleshill Annual Report and Accounts 2025: Charity No. 1202588_ ## Appendix A Independent Examiners Report, Statement of Financial Activities and Notes to the Financial Statements. 10 _PCC St Laurence Foleshill Annual Report and Accounts 2025: Charity No. 1202588_ ## **Statement of Financial Activities** ## For the year ended 31 December 2025 |the year ended 31 December 2025|| |---|---| ||Unrestricted
Restricted
Total
Total| ||Funds
Funds
Funds
Funds| ||2025
2025
2025
2024| |Note|£
£
£
£| |**Receipts**|| |Incoming resources from donors
2|52,918
24,673
77,591
67,002| |Incoming resources from operating activities
3|37,030
200
37,230
32,702| |Income from property investments
4|9,690
-
9,690
8,555| |Income from other investments
5|1,343
3,415
4,758
3,718| |Other Income
6|5,729
-
5,729
-| |**Total Receipts**|**106,710**
**28,288**
**134,998**
**111,977**| ||| |**Payments**|| |Charitable giving
7|4,258
-
4,258
7,204| |Activities directly relating to the work of the
church
8|57,614
12,612
70,226
81,216| |Expenditure on property investments
9|1,007
-
1,007
769| |Church management and sundry
administration
10|20,577
10,407
30,984
31,820| |**Total Payments**|**83,456**
**23,019**
**106,475**
**121,009**| ||| |**Excess of receipts over payments**|**23,254**
**5,269**
**28,523**
**(9,032)**| |Transfer between funds|(700)
700
-
-| |**Net movement in funds**|**22,554**
**5,969**
**28,523**
**(9,032)**| ||| |Cash brought forward at 1st January|21,024
30,103
51,127
60,159| |**Cash carried forward at 31st December**|**43,578**
**36,072**
**79,650**
**51,127**| The notes on pages 13 to 20 form part of these financial statements 11 PCC St Laurence Foleshill Annual Report and Accounts 2025.. Charity No. 1202588 Statement of Assets and Liabi lities As at 315t December, 2025 Unrestritted Restricted Total Total Funds Funds Funds Funds 2025 2025 2025 2024 Note Monetsry Assets Cash at bank 43.578 36.072 79.650 51,127 Totsl MonetaryAssets 43.578 36,072 79.650 51.127 Investment Assets {at Market Value) Cave Legacy CB3LX)5792-LX)I Cave Legacy CB3CQ5709C(11 Totsl InTrtstment Assets 13 82,￿2 8,968 82,902 8,968 86,355 8.754 13 91,870 91.870 95.109 Totsl Cash and Investment Assets 14 43.578 127.942 171,520 146,236 Assèts Rètained for Churth Use 37 Gayer Street 155.CKK) 155,C 155,(( Gift Aid Recoverable 850 850 1.303 &Andry Debtors 1.625 1.625 5.321 Other Uabllltles Sundry ￿abilItieS Payroll Taxes and Pensions 600 350 389 389 iio Approved by the Par¢xhial Church Counol on 16 March 2026: The notes on pages 13 to 20fomi part of these financial ststements 12 _PCC St Laurence Foleshill Annual Report and Accounts 2025: Charity No. 1202588_ ## **Notes to the Financial Statements** For the year ended 31[st] December, 2025 ## **1: Accounting Policies** ## **Basis of Accounting** The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value and at market value in respect of the investment assets . They comply with the Charity Commissioner’s Statement of Recommended Practice on Accounting by Charities preparing their accounts in accordance with the Financial Reporting Standard (FRS 102) and the Charities Act 2011. All incoming resources and resources expensed are accounted on the receipts and payments basis. ## **Investments** Investments are stated at market value. ## **Fund Accounting** General funds comprise the accumulated surplus or deficit on the income and expenditure account. The funds are for use at the discretion of the PCC in furtherance of the general objectives of the Parish. Designated funds comprise funds that have been set aside at the discretion of the PCC for specific purposes. Restricted funds are funds subject to specific restricted conditions imposed by donors. ||Unrestricted
Restricted
Total
Total| |---|---| ||2025
2025
2025
2024| ||£
£
£
£| |**2:**
**Incoming resources from donors**|| |Planned giving|14,081
-
14,081
21,366| |Tax recovered on giving|4,086
-
4,086
5,724| |Loose plate collections|980
-
980
277| |Grants, legacies and donations|33,413
24,673
58,086
32,336| |Link worker support|-
-
-
7,024| |Other|358
-
358
275| ||**52,918**
**24,673**
**77,591**
**67,002**| 13 _PCC St Laurence Foleshill Annual Report and Accounts 2025: Charity No. 1202588_ ## **Notes to the Financial Statements (continued)** ## For the year ended 31[st] December, 2025 ||Unrestricted
Restricted
Total
Total| |---|---| ||Funds
Funds
Funds
Funds| ||2025
2025
2025
2024| |**3:**
**Incoming resources from operating activities**|£
£
£
£| |Hall and other lettings|25,909
-
25,909
24,346| |Recharged expenses|3,235
200
3,435
3,679| |Fees due to the PCC|7,886
-
7,886
4,677| ||**37,030**
**200**
**37,230**
**32,702**| ||| ||Unrestricted
Restricted
Total
Total| ||Funds
Funds
Funds
Funds| ||2025
2025
2025
2024| |**4:**
**Incoming Resources from Property Investments**|£
£
£
£| |Gayer Street|9,690
-
9,690
8,555| The property is currently used rented out to a private tenant and generates income for the church. A valuation carried out by the PCC in 2020 indicates its current open market value is £155,000. ||Unrestricted
Restricted
Total
Total| |---|---| ||Funds
Funds
Funds
Funds| ||2025
2025
2025
2024| |**5:**
**Incoming Resources from Investments**|£
£
£
£| |CBF funds (dividends)
13|-
2,705
2,705
2,564| |Interest received on bank accounts|1,343
710
2,053
1,154| ||**1,343**
**3,415**
**4,758**
**3,718**| ||| ||Unrestricted
Restricted
Total
Total| ||Funds
Funds
Funds
Funds| ||2025
2025
2025
2024| |**6:**
**Other Income**|£
£
£
£| |Employment Allowance|5,729
-
5,729
-| ||| 14 _PCC St Laurence Foleshill Annual Report and Accounts 2025: Charity No. 1202588_ ## **Notes to the Financial Statements (continued)** For the year ended 31[st] December, 2025 ||Unrestricted
Restricted
Total
Total| |---|---| ||Funds
Funds
Funds
Funds| ||2025
2025
2025
2024| |**7:**
**Charitable giving**|£
£
£
£| |Cost of Charitable Fundraising|285
-
285
429| |Overseas Christian Mission|1,273
-
1,273
2,200| |Overseas Christian Relief|900
-
900
1,100| |Small Gifts|-
-
-
1,275| |Home Mission & Church|1,800
-
1,800
2,200| ||**4,258**
**-**
**4,258**
**7,204**| ||| ||Unrestricted
Restricted
Total
Total| ||Funds
Funds
Funds
Funds| ||2025
2025
2025
2024| |**8:**
**Activities directly relating to the work of the**
**church**|£
£
£
£| |Advertising|128
-
128
118| |Church hall expenses (inc. utilities)|5,076
1,511
6,587
9,658| |Church maintenance expenses (inc. insurance)|1,646
3,993
5,639
5,741| |Church running expenses (inc. utilities)|5,743
-
5,743
9,319| |Clergy expenses|1,812
-
1,812
1,771| |Costs to PCC (Weddings / Funerals) inc. DBF|4,171
-
4,171
2,758| |Evangelism|2,422
-
2,422
2,577| |Hope Hub|68
6,863
6,931
8,111| |Major repairs to church building|-
-
-
6,808| |Music and worship|1,923
-
1,923
1,348| |Other|835
245
1,080
627| |Parish Share|32,042
-
32,042
30,502| |Teaching and training|290
-
290
436| |Website|144
-
144
84| |Youth and children|1,314
-
1,314
1,358| ||**57,614**
**12,612**
**70,226**
**81,216**| ||| ||| ||Unrestricted
Restricted
Total
Total| ||Funds
Funds
Funds
Funds| ||2025
2025
2025
2024| |**9:**
**Expenditure on property investments**|£
£
£
£| |Gayer Street|1,007
-
1,007
769| 15 _PCC St Laurence Foleshill Annual Report and Accounts 2025: Charity No. 1202588_ ## **Notes to the Financial Statements (continued)** For the year ended 31[st] December, 2025 ||Unrestricted|Restricted
Total|Total| |---|---|---|---| ||Funds|Funds
Funds|Funds| ||2025|2025
2025|2024| |**10:**
**Church management and administration**|£|£
£|£| |Office expenses|1,591|46
1,637|1,956| |Office salaries|18,306|10,361
28,667|28,824| |Bank charges|147|-
147|
117| |Staff training|183|-
183|573| |Examiner's Fee|350|-
350|350| ||**20,577**|**10,407**
**30,984**|**31,820**| ||||| |**11:**
**Analysis of staff costs and staff numbers**||2025
2024|| |||£
£|| |Expenditure includes staff costs as follows :|||| |Salaries||24,784
25,296|| |National Insurance (employer contribution)||1,997
892|| |Pensions(employer contributions)||1,744
2,105|| |**Total Staff Costs**||**28,525**
**28,293**|| The average monthly headcount was 3 people (2024 :2) and the average monthly full time fulltime equivalent employees (including part-time staff) was 2 (2024:1 ). No staff were paid at higher rate than £60,000 per annum during the year or previous year. The charity contributes to a workplace pension scheme. One trustee was remunerated a total of £13,468 for services provided to the charity (2024 : £nil). ## **12: Related Party Transactions** There were no related party transactions (2024: nil) 16 _PCC St Laurence Foleshill Annual Report and Accounts 2025: Charity No. 1202588_ ## **Notes to the Financial Statements (continued)** For the year ended 31[st] December, 2025 |**13:**
**Investment Funds**
**Cave Legacies :**
CBF Church of England Fixed Interest Securities Fund CB30055792-001 :
Investment value at 1st January
Dividends received
Increase/(decrease) in value during the year
Transfer to savings account
Investment value at 31st December
CBF Church of England Fixed Interest Securities Fund CB30055709-001 :
Investment value at 1st January
Dividends received
Increase/(decrease) in value during the year
Transfer to savings account
Investment value at 31st December|2025
2024
Units
£
Units
£
3,735
86,355
3,735
84,422
2,399
2,343
(3,453)
1,933
(2,399)
(2,343)
3,735
82,902
3,735
86,355| |---|---| ||5,871
8,754
5,871
8,498
305
219
214
256
(305)
(219)
5,871
8,968
5,871
8,754| CBF Church of England Investments : These investments are held in the name of the Coventry Diocesan Trustees. As the church has the beneficial interest in the assets and dividends of this investment, they are fully recognised in the accounts. 17 _PCC St Laurence Foleshill Annual Report and Accounts 2025 : Charity No. 1202588_ ## **Notes to the Financial Statements (continued)** ## For the year ended 31[st] December, 2025 |**14: Movement of Cash and**
**Investment Funds**|**14: Movement of Cash and**
**Investment Funds**| |---|---| |Balance at
01/01/2025
Income
Expenditure
Transfers
Unrealised
losses on
Investments
Balance at
31/12/2025|| |£
£
£
£
£
£|| |**Restricted Funds**|| |Church Fabric Mainten’ce
99,511
6,951
(3,993)
50
(3,239)
99,280|| |Growing Faith Leader
-
18,862
(8,907)
950|-
10,905| |Poor Fund
538
1,055
(245)
450|-
1,798| |Christmas Project
-
1,100
(871)
-
-
229|| |Hope Hub
18,615
320
(9,003)
-
-
9,932|| |Children's Fund
6,548
-
-
(750)
-
5,798|| |**Total Restricted Funds**
**125,212**
**28,288**
**(23,019)**
**700**
**(3,239)**
**127,942**|| ||| |**Designated Funds**|| |Capital Projects Fund
16,130
29,388
-
(7,500)
-
38,018|| |Missions Hub
1,424
4,000
(2,787)
-
-
2,637|| |**Unrestricted Funds**
3,470
73,322
(80,669)
6,800
-
2,923|| ||| |**Total Cash and Investment Funds**
**146,236**
**134,998**
**(106,475)**
**-**
**(3,239)**
**171,520**|| |||Balance at
01/01/2024|Income||Expenditure||Transfers||Unrealised
gains on
Investments||Balance at
31/12/2024| |---|---|---|---|---|---|---|---|---|---|---|---| |||£|£||£||£||£||£| ||**Restricted Funds**||||||||||| ||Church Fabric Mainten’ce|101,592|6,388||(10,658)||-||2,189||99,511| ||Poor Fund|235|1,578||(1,275)||-||-||538| ||Hope Hub|4,812|20,700||(8,802)||1,905||-||18,615| ||Children's Fund|6,823|-||(275)||||-||6,548| ||**Total Restricted Funds**|**113,462**|**28,666**||**(21,010)**||**1,905**||**2,189**||**125,212**| ||||||||||||-| ||**Designated Funds**||||||||||-| ||Capital Projects Fund|31,130|-||-||(15,000)||-||16,130| ||Missions Hub||4,415||(2,991)||-||-||1,424| ||**Unrestricted Funds**|8,487|78,896||(97,008)||13,095||-||3,470| ||||||||||||| ||**Total Cash and Investment Funds**|**153,079**|**111,977**||**(121,009)**||**-**||**2,189**||**146,236**| 18 _PCC St Laurence Foleshill Annual Report and Accounts 2025 : Charity No. 1202588_ ## **Notes to the Financial Statements (continued)** For the year ended 31[st] December, 2025 ## **Description of Restricted and Designated Funds :** ## **Restricted Funds :** Church Fabric and Maintenance Fund : These funds provide for the upkeep of the church building. Growing Faith Leader Fund : These are funds provided to employ a Growing Faith Leader. Hope Hub : The Hope Hub provides practical support to people in crisis in the local area. Poor Fund : These funds are provided to support people in poverty in the local community. Children’s Fund : These funds are provided for work with children and young people. Christmas Project : These funds are provided for a Christmas dinner and Christmas hampers for those in need at Christmas ## **Designated Funds :** Capital Projects : Funds designated by the PCC towards future capital projects Mission Hub : Funds designated by the PCC to support the work of the mission hub. 19 _PCC St Laurence Foleshill Annual Report and Accounts 2025 : Charity No. 1202588_ ## **Statement of Financial Activities (Prior Year)** ## For the year ended 31 December 2024 |For the year ended 31 December 2024|| |---|---| ||Unrestricted
Restricted
Total
Total| ||Funds
Funds
Funds
Funds| ||2024
2024
2024
2023| |Note|£
£
£
£| |**Receipts**|| |Incoming resources from donors
2|41,900
25,102
67,002
64,545| |Incoming resources from operating activities
3|32,702
-
32,702
38,899| |Income from property investments
4|8,555
-
8,555
6,790| |Income from other investments
5|154
3,564
3,718
3,081| |**Total Receipts**|**83,311**
**28,666**
**111,977**
**113,315**| ||| |**Payments**|| |Charitable giving
7|5,929
1,275
7,204
3,961| |Activities directly relating to the work of the
church
8|61,731
19,485
81,216
72,074| |Expenditure on property investments
9|769
-
769
2,973| |Church management and sundry
administration
10|31,570
250
31,820
34,024| |**Total Payments**|**99,999**
**21,010**
**121,009**
**113,032**| ||| |**Excess of receipts over payments**|**(16,688)**
**7,656**
**(9,032)**
**283**| |Transfer between funds|(1,905)
1,905
-
-| ||**(18,593)**
**9,561**
**(9,032)**
**283**| ||| |Cash brought forward at 1st January|39,617
20,542
60,159
59,876| |**Cash carried forward at 31st December**|**21,024**
**30,103**
**51,127**
**60,159**| 20 _PCC St Laurence Foleshill Annual Report and Accounts 2025 : Charity No. 1202588_ ## **Independent examiner’s report to the PCC of St Laurence, Foleshill** I report on the accounts for the year ended 31 December 2025 which are set out on pages 11 to 20. ## **Respective responsibilities of the Trustees and the examiner** The Trustees consider that an audit is not required for this year under section 144 (2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to - examine the accounts under section 145 of the 2011 Act; - follow the procedures laid down in the General Directions given by the Charity Commissioner section 145 (5) (b) of the 2011 Act; and - state whether particular matters have come to my attention. ## **Basis of Independent Examiner’s Statement** My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes considering any unusual items or disclosures in the accounts, and seeking explanations from the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in a full audit, and consequently I do not express an audit opinion on the accounts. ## **Independent examiner’s statement** In connection with my examination, no matters have come to my attention: - (1) which give me reasonable cause to believe that in any material respect the requirements - to keep accounting records in accordance with section 130 of the 2011 Act; or - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or - (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Gavin Kibble MBE ACMA McGlone Wardzynski Limited The Halo Centre, Progress Way, Binley, Coventry CV3 2NT > 20[th] February, 2026 21