St Philip’s Leicester Annual Report 2025 Registered Charity 1211033 This page is blank. ## **Parochial Church Council of St Philips Leicester Annual Report 2025** ## **Background** St Philips PCC has the responsibility of cooperating with the Rector in promoting the whole mission of the church - pastoral, evangelistic and ecumenical, and works with St Peter’s as part of the Benefice of St Peter Highfields and St Philips Leicester. The PCC is a registered charity, number 1211033. ## **Membership** Members of the PCC are either ex-officio or elected annually at the Annual Parochial CHurch Meeting. During the year the following people served the PCC |**Rector**-
Rev’d Jonathan Surridge (chair)| |---| |**Deacon**-
Rev’d Caroline Fogarty-Brown| |**Church Warden**-
Jayne French| |Adekunie Adesina| |**Members**-
Jill Bharkhada (Safeguarding)| |Emma Taplin| |Isobel Pearce| |Oluwatoyin Adesina| |**Treasurer**-
Barbara Cairns| |**Staf**-
Shirin Mansur (hall management, reception, cleaning)| |**Architect**-
Richard Brooks| |**Independent Examiner**- Tony Marvin| A member of the Inclusive Church Network, and holder of the Bronze Eco Award. ## **Rector’s Report** 2025, was another mixed year. Previous investments by the church, both in terms of finances and into community activities and involvement, continued to bring positive returns both financially and in terms of church involvement in bringing improvements to the community. Hall users continue to enjoy the hall, and it is a privilege and honour to be so trusted within the community. However, the congregation continues to be fragile; following a number of people moving away in 2024, further people left the area. Urgent work is required to identify both existing Christians in the area who are not attending a church, and introducing Christ to new people, in order to grow the church. This is a long term term that is likely to need resources for sometime before long term improvements are seen. 2026 will also see increased maintenance costs as work will be required on both the internal kitchen, some electrical maintenance as further fluorescent fixings come to the end of their life, and some external work to repair damage caused by irresponsible car parking. 2026 also sees the end of the 24th Leicester Scouts who have been based or supported by the church for a very long time. Founded in 1914 by Albert Leafe, who was a prominent member of St Philips, they grew rapidly. The Scout and Guide colours have been hung in the church since 1933. During the year the PCC renewed its commitment to inclusivity, we remain a member of Inclusive Church and indicated that the church would bless same sex couples who were married and expressed a desire to be able to do so in stand alone services. The electricity used on the site is 100% renewable, and from October 2025 the gas used in the church is generated from waste and, according to UK Government, is considered zero rated for carbon dioxide. ## **Worshipping Community** As anticipated, our worshipping congregation shrunk in 2025 as a number of committed families moved out of the parish. The PCC also stopped streaming services as frequently no one would join online and the streaming became a restricting factor. The worshipping congregation will need to reflect on ideas and prayerfully consider the options available. In many ways, the church remains healthy - finances are good, supported by the local community, so many of the challenges faced by small congregations are not an obstacle for St Philips. Nevertheless, some work will be needed to maintain an active worshipping community for the future. There were two baptisms and one confirmation during 2025. Our Lent Course was based on the musical Les Mis. ## **Community Concerts and initiatives** Leicestershire Sinfonia held three concerts at St Philip’s during the year, in February, July and November. The Pre-School, which operates as a separate charity, was rated as GOOD by Ofsted. In October, a Defibrillator was fitted to the entrance of the church. Also in October we hosted a Pop up museum alongside an interfaith art scheme and the launch of Popping to the Shops, a small museum exhibition on the changing nature of Evington Road and Main Street, Evington. We continue to be the base for Leicester Chorale, Leicestershire Sinfonia, CKI Martial Arts and a women’s fitness group. The ward councillors hold their monthly surgery at the church hall. ## **The Building and Associated** The building remains in good repair. The sump pump in the cellar seems to have alleviated the problems of flooding, but the boiler remains old and consideration must be given to what could replace it if and when it fails. In November there was a strange egress of water into the church which left an oily film over parts of the structure. Investigations have so far proved inconclusive and further investigations will be needed. The main kitchen is very tired and in much need of an overhaul. The problems of the kitchen drains blocking should be investigated when the kitchen is overhauled. A fault on the fire alarm was identified and rectified. A new servicing contract was brought in following this. Poor car parking remains an issue. An enforcement company has been appointed to deal with cars parked on the driveway, but there are still occasions when people park on the grass and some action will be required to prevent this. ## **Our finances** The Independently Examined accounts are attached to this report. As some maintenance issues were not addressed in this year, total expenditure was down, but will be up next year. This is a consequence of a receipts and payments accounts which show when money is spent and when it is received, so effectively “saving up” shows as an underspend and when that is spent, it looks like an “overspend”. The PCC agreed an increase in Parish Share equivalent to 10 per cent, which was requested by the Diocese for 2025. The PCC agreed to join the “Parish Giving Scheme” as a route forward for regular giving. This has been set up but not launched as yet. “Hall management costs” directly reflect the number of bookings - the more we gain in bookings, the higher the hall management costs are. Rev’d Jonathan Surridge Rector May 2026 The Parochial Church Council of the Ecclesiastical Parlsh of St Philip Leicester Statement of Financial Activities for the year ended 31st December 2025 Note Unrestricted Restricted Funds Fund5 TOTAL 2025 TOTAL 2024 INCOMING RESOURCES Voluntary Income Income frorn Church Activitles 2a 2b s,iii 63,421 5,111 63,421 6,728 61,119 68,532 68,532 67,847 RESOURCES EXPENDED Church Actlvltles 3a 56.408 56,408 84,153 NET CHURCH SURPLUS/IDEFIc￿> FOR 2025 12,124 12,124 -16.306 INVESTMENT INCOME Interest received DSvSdends re￿IVed Unreallsed Ilossllgain on Investments 2,493 5,348 -7,694 2,493 5,348 -7,694 2,715 5,223 4,306 147 147 12,244 NET SURPLUSIIDEFICITI FOR 2025 12,271 12,271 -4,062 Balances brought forward at I,1,25 273,240 273,240 277,302 BALANCES CARRIED FORWARD 285,511 285,511 273,240 The notes on poges 8 to 13fomi p(7rtoAthese t7ccounts p(7ge 6 The Par¢xhial Church Council of the Ecclesiastical Parlsh of St Phillp Lelcester Balance Sheet at 31st December 2025 Note 2025 2024 FIXED ASSETS Investment Assets CBF Investment Fund Income shares at market value 184,760 192.453 CURRENT ASSETS Debtors Bank Current Account Bank Deposit Account Bank Treasurers Account Cambridge & Countles Petty Cash CBF Accounts Fomiervicar and Wardens Fund 4.370 613 24.634 660 53,706 99 4,942 299 25,(M)O 2.670 32.507 99 28,788 22,381 297.630 280,351 LIABIUTIES Credttors -12,119 -7.111 TOTAL NET ASSErs 285.511 273.240 FUNDS Unrestricted Restricted Endowment 285,511 273,240 285,511 273,240 Approved by the Parochial Church Coundl and signed on its behalf by The Reverend Jonathan Surrldge Chairman TNstee The notes on page5 8 to 13 form part ofthese accounts page 7 The Parochial Church Council of the Ecclesiastical Parish of St Philip Leicester Notss to the flnancbal statements for the year ended 31st December 2025 ACCOUNTING POLICIES The financial statements of the PCC have b8en Fffepared in acc(ydan￿ wth the Church Accounting Regulation$ 20C6, together with applicable a￿oUnting standards and the Statement of Recommended Practi￿ on AccountirKJ and Reporting by Charilies SORP (FRS 102). The financial statemen1$ have been prepared under the historical cost convention except for the valuati(￿ of investment assets. whiL* are shown at market value. The financial slalements include all transactions, assets and liabilities for vthich the PCC is responsible In law. a) Funds General funds represent the funds of the PCC that are not subjec* to any reslriclions regarding their use and are available for application to the general purposes of the PCC. Funds designated for a particular purpyJe by the PCC are also unrestricted. The purpos8 of any restrided funds is noted in the ac￿￿￿$. b) Incomlng Resources Planned giving. collectlons and donations a￿ recognlsed ththen rec%ived by the PCC. Tax refunds are recognised durin9 th8 year they rolate to. Funds raised by fund raBing events are accounted for gross. Rental income from the letting of the Chur¢h Halls is recognised when the rental is due. Grants and legacies are accounted for when the PCC is legally entitled to the amounts due. All other income is recognised whèn it Is receNat48. Interest entiuements are accounted for as Ihoy accrue. c) Resourcos expended Grants and donation9 8te accounted for wh8n paid over or when awarded. The diocesan Parish Share is accounted lor W￿￿n due. Amounts received specifically for missions charilies are dealt with as restricted funds. Ail other ex￿ndbtUre Is recognised when ti is incurred and is accounted for gross. d) Flxed Assols Cons8crated and beneficed property is not ind￿jed In the accounts In accordance wtth section 96 (2a) of the Charities Acl 2011. Movable chwc* fumlshlros held by the vlcar and churchwardens on special trust for the PCC. and which require a faculty for disposal are inali8nabl8 propty. listed in the Church's inventory, which can be inSP&Gted at any reasonable time. l expenditure incurred during the year on Consecrated or benefwl buildin95 and movable church fumlshlngs is written off in the ￿riod in which the asset is acquired, as expenditure in the Statement of Financial Activities. Investments are valued at bid market value at 31 December 2025. Page 8 The Parochial Church Council of the Ecclesiastlcal Parish of St Philip Leicester Notes to the Flnancial Statements for the year ended 31st December 2025 INCOMING RESOURCES Unrestrftted Restrlrted Fund5 Funds TOTAL 2025 2024 V¢luntsry Income Planned 8ivin8 Gift Aid refund Hate collections Gift AKI refund Other donations Gift Aid Refund 2,035 509 472 118 1.597 380 5.111 2.035 51>3 472 118 1.597 2,025 506 322 81 3,066 728 6,728 5,111 2b Income from church attlvltles Hall and Church lettings Wedding and Funeral Fees 63.421 63,421 60.891 228 61,119 63,421 63,421 TOTAL INCOMING RESOURCES 68,532 68,532 67,847 Pt7ge 9 The Parochial Church Council of the Ecclesiastical Parish of St Philip Leicester Notes to the Financial Statements for the year ended 31st December 2025 3 RESOURCES EXPENDED Notes Unrestrlcted Restrlcted Funds Funds TOTAL 2025 2024 3a Church Actlvltles Ministry- Parish Share Clergy expenses Administration Repairs and Maintenance Church SeNi¢es Muslc Insurance Church Grounds and Car Park Llght and Heat Hall management Costs Donations Sundry Expen5e5 Treasurer's honorarfum 19,220 188 1,197 3,109 IC4) 143 4,275 672 10,127 14,387 466 1,224 1,300 19,220 188 18,480 122 1.197 3,109 loo 143 4,275 672 10,127 14.387 466 1,224 1.3CIJ 1,567 32,026 109 138 4,691 616 10,434 12,972 1,092 706 1,200 li 12 13 14 TOTAL RESOUCES USED 56,408 56,408 84,153 poge 10 The Parochlal Church Coundl of the Ecclesiastical Parish of St Philip Leicester Notes to the Financial Statements for the year ended 31st De￿rnber 2025 4 DEfAILS OF UNREsfRicfED FUNDS 2025 2024 4a Fabric Fund For the mointenonce of thefabrfc olthe Churth Balance brou8ht forward at 1.1.25 proportion of unrealised Ilossllgain proportion of investment income Transfer tolfrorn church fund Balance carrled fon¥ard at 31.12.25 53.196 -2,539 2,588 3,000 56.245 54,155 1.421 2,620 33% 33% 53,196 4b Mlnlstry support Fund To support the needs of the clergy Balance brought forward at l.la5 proportlon of unreali5ed Il05s118aln proportlon of Investment Income Transfer tolfrom church fund Balance carrled fr*rward at 31.12.25 28.325 -1,693 1,725 2.OLKt 30,357 29,632 947 1,746 -4.000 28,325 22% 22% 4c Music Fund To providefor the muslc requlrements ol the Churth Balance brou8ht forward at 1.1.25 proportion of unrealised Ilossll8aln proportion of i￿￿tment income Transfer to/fTom church lund Balance carrSed forward at 31.12.25 25,751 -1.308 1,333 2,000 27,776 26,669 732 1,350 -3,000 25,751 17% 17% 4d General Reserve Fund To pmvide o reseryef0rspe￿o1paymeTrts outhorisedby the PCC Balan￿ brou8ht forward at 1.1.25 proportion of unrealised Il0ss118ain proportlon of investment income Transfer tolfrom thurch fund Balance carrled f0Th￿rd at 31.12.25 21.860 -2,154 2,195 3,0 24,901 23,432 1.206 2,222 -s,￿0 21￿60 28% 28% TOTAL OF RESERVE FUNDS Fabric Fund Minlstry support Fund Muslc Fund General Reserve Fund Homeless Fund Church Funds Total of Unrestrlrted Funds 2025 $6.245 30.357 27,776 24,901 130,1)JQ 16,232 285,511 2024 53.196 28,325 25,751 2L860 130,CQO 14,108 273,240 There are no restricted or endowment funds page 11 The Parochlal Church Councll of the Ecclesiastical Parish of St Phlllp Leicester Notes to the Financlal Statements forthe year ended 31st December 2025 5 SCHEDULE OF INVEsfMENTS CBF Churth of England Investment Fund, Income Shares Hlstorlcal cost- 1.1.2025 Historical cost: 31.12.2025 f85,363 £85,363 Current holding: 1.1.2025 Current holding: 31.12.2025 8323.14 shares 8323.14 shares Market value at 1.1.25 Change in market value Market value at 31,12.25 £192A53 bld price £23.1227 £184,760 bld prlce £22.1983 Unreallsed loss 2025: Unreallsed galn 2024: -£7,694 £4.306 Dividends 2025: Dlvidends 2024: £5,348 £5,223 6 ALLOCATION OF INVESTMENT INCOME Mlnlstry Mu$l¢ Gener•1 Fabr1¢ Support Fund Reserve Fund Fund Fund 22% 28% TOTAL 2025 TOTAL 2024 Proportion 17% 33% loo% 10096 Investment Fund Unit Trust Dividends Unreallsed195s- share value Interest TOTAL 1,177 909 -1,693 -1,308 548 424 32 25 1,497 -2,154 698 41 1,765 -2,539 823 49 5,348 -7,694 2,493 147 5,223 4,306 2,715 12,244 7 NET ASSETS BY FUND Seè note 4 all unrestrlcted funds 2025 2024 Managed by the PCC Debtors Bank Current Accounts Cambridge & Countles Bank Petty Cash less Creditors 4,370 25,907 53,706 99 -12,119 71,963 184,760 192,453 28,788 22,381 285,511 273,240 4,942 27,969 32,507 99 -7,111 Managed by Leicester Diocesan Board of FSnance Investment Fund CBF Deposlt Account page 12 The Parochial Church Council of the Ecdesiastical Parish of St Philip Leicester Notes to the Financial Statements for the year ended 31st De￿mber 2025 2025 2024 OEBTORS Insurance pad in 312 1,007 155 301 1315 701 2,625 4,942 Glft Ald Clalm Other debtOTS Hall lettings outstsndk 4370 9 CREDITORS Gas and Electrldty Hall b(*)kltyd depO￿ts Other creditors 1,287 8,218 2,614 IL119 2,402 3.650 1,059 7.111 10 HALL AND CHURCH LETnNGS12¢1 Re8ular ktungs Casual Lettings St Philip'5 Céniie D(ffia￿ 15,270 44,151 4,000 63A21 14.880 42,011 4,ODJ 60A91 11 REPAIRS AND MAINTENANCE (341 Work on grass Vèrge Flre extln8ulsher seNld Water heater for toilet FI￿ alarm fflalntènance IV for chur¢h New t(Alet locks B￿ler repalr Hall heatin8 repal Alterations to heatlng ¢rffitro15 Gullles t￿￿1n8 Sump pump New chalrs Roof repalrs Electrical sockets for roof CleaTrI￿ Materlals Orean iunir4 and maintènance Other expen 3,OCQ 242 130 241 547 S99 215 1,091 1,925 1,356 I,iii 9,505 12,780 104 252 401 32,026 318 3.109 12 LIGIfflNG ANO HEATING13al 6,917 3.210 10,127 6,926 3,508 10.434 Electridty 13 STAFF CO￿{33) Hall management Costs 14,387 14,387 12,972 12.972 14 SUNDRY EXPENSES {3al Catering for 25th annlversary Christmas decorations Sundry 318 246 1.224 443 263 706 Independent Examinerfs Report to the Parochial Church Council of the Ecclesiastical Parish of St Philip Leicester report to the trustees on my examination of the accounts for the year ended 31 December 2025, which are set out on pages 6 to 13. Respective responsibilities of the Trustees and the Independent Examiner The charity's trustees consider that an audil is not required for this year under section 144{2) of the Charities Act 2011 (the 2011 A¢t) and that an inde￿ndent examination is needed. It is my responsibilty to a) examine the accounts uTrJer section 145 of the 2011 Att. b) Follow the procedures laid down in the General Directions given by the Charity Commissioners in section 145151 b of the 2011 Act., and c) State whether particular matters have come to my attentM)n. Basis of Independent Examinefs Statement My examination was carried OLrt in accordance wilh 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 words.11 also includes considering any unusual rtems or disclosure5 in the financial Stat￿mentS and seeking explanations from the management committee concerning any such matters. The procedures undertaken do not provide all the evKlence that would be r￿Uired in a full audit, and consequently I do not express an audit opinion on the accounts. Independent examiner's statement In connection wllh my examination. no matters have come to my attention: la) which give me reasonable cause to believe that in any material respecl the requirements to keep accounting records in accordance with section 130 of the 2011 Act". or to prepare accounts. which accofd with Ihese accounting records have not been met., or (b) to which, in my opinion, attention should be drawn in order to enab￿ a proper understsnding of the accounts lo be reached. Suned.. Date.. Pag8 14 The Parochial Church Council of the Ecclesiastical Parish of St Philip Leicester Summary of Income and Expenditure 2025 2025 2024 GENERAL Accou￿[ Income Planned glvlng Plate collections Other donatlons Hall and church lettings WeddinB and Funeral Fees Interest received Dividends received Unrealised Gain on investments 2,544 590 1,977 63,421 2,531 403 3,794 60,891 228 2.715 5,223 4,306 2.493 5,348 76,373 80,091 Expendlture Parish Share Clergy Expenses Administratlon Repairs and Malntenance Church Services Muslc Insurance Grounds and car park Light and Heat Sundry Expenses Donations Hall management costs Treasurer's honorarium Unreallsed L05s on Investments 19,220 188 1,197 3.109 loo 143 4,275 672 10,127 1,224 466 14,387 1.300 7,694 18,480 122 1,567 32,026 109 138 4.691 616 10,434 706 1,092 12,972 1,200 64,102 84,153 SurplusllD•flcit) for the year 12,271 4,062 RESERVE FUNDS Fabrlc Fund MlnSstry Support Fund Muslc Fund General Reserve Fund Homeless Fund Church Fund 56,245 30,357 27.776 24,901 130,000 16,232 53,196 28,325 25,751 21,860 130,0¢]0 14.108 285,511 273,240 This summary does notfom7 Port of the Church Annual Report ondAccount5 Pt7ge 15