**Charity registration number 1212068** **THE PRESTON MINSTER PARISH OF ST JOHN, ST MATTHEW AND ST JAMES** **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31 DECEMBER 2025** ## **THE PRESTON MINSTER PARISH OF ST JOHN, ST MATTHEW AND ST JAMES** ## **LEGAL AND ADMINISTRATIVE INFORMATION** **Trustees** Mr Ian Foster Rev David Owens Rev Stephen Tisnell Rev Tim Roberts Ms Bethany Walker **Charity number** 1212068 **Principal address** Preston Minster Church Street Preston PR1 3BT **Independent examiner** TC Group 20 Commerce Road Lynch Wood Peterborough Cambridgeshire England PE2 6LR (Appointed 17 April 2025) (Appointed 1 February 2025) (Appointed 1 February 2025) (Appointed 1 February 2025) (Appointed 17 April 2025) **THE PRESTON MINSTER PARISH OF ST JOHN, ST MATTHEW AND ST JAMES** ## **CONTENTS** ||**Page**| |---|---| |Trustees' report|1 - 4| |Independent examiner's report|5| |Statement of financial activities|6| |Balance sheet|7| |Notes to the financial statements|8 - 16| ## **THE PRESTON MINSTER PARISH OF ST JOHN, ST MATTHEW AND ST JAMES** ## **TRUSTEES' REPORT** ## _**FOR THE YEAR ENDED 31 DECEMBER 2025**_ The trustees present their annual report and financial statements for the year ended 31 December 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011 and "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)" (effective 1 January 2019). ## **Objectives and activities** ## _Public benefit_ The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. ## **Achievements and performance** ## _Significant activities and achievements against objectives_ Everything we do is made possible through the faithful praying, serving, and giving of our church community, and we are deeply grateful for that support. Our vision remains to play our part in the Evangelisation of the Nations, the Revitalisation of the Church, and the Transformation of Society. We are a community marked by confident faith, expecting to meet God, grow through His Word, and be changed by His Spirit. As a staff team and PCC, we seek to live now as who God is calling us to become, taking responsibility for our roles and staying aligned with our shared vision. We aim to live well: working with purpose, resting intentionally, focusing on what matters most, and giving our best in all we do. Above all, we believe we are better together, encouraging one another, celebrating wins, and bringing others along with us. The following is a summary of what we have been able to achieve together over the past year. ## **Parish and Service Expansion** During the year, the parish expanded to form the new Preston Minster Parish of St John, St Matthew, and St James. Alongside “The 11”, which continues to bring together a diverse mix of ages and backgrounds reflecting the community we serve, we have planted a new family congregation at St Matthew’s and launched a traditional service for the Avenham community. We are working towards the reopening of St Matthew’s Church on New Hall Lane for regular weekly worship and community support. In the meantime, gatherings are being held at St Matthew’s Primary School. Across all services, weekly attendance now averages around 230 people, with a growing number of children, young people, and young adults. Each gathering provides space for worship, biblical teaching, and community. ## **Children (Minster and Matt's Kids)** Our children’s ministry exists to help children and families know the love of God while enjoying church life. It runs weekly on Sundays and includes special events such as the Light Party, a family-friendly alternative to Halloween centred on a message of hope. - 1 - ## **THE PRESTON MINSTER PARISH OF ST JOHN, ST MATTHEW AND ST JAMES** ## **TRUSTEES' REPORT (CONTINUED)** ## _**FOR THE YEAR ENDED 31 DECEMBER 2025**_ ## **Youth** Minster Youth creates spaces where young people can encounter Jesus, build community, and thrive. Through Sundays, outreach nights, Alpha Youth, and special events, we disciple 11–18 year olds and support them as they explore faith, identity, and purpose. ## **Young Adults (Collective)** Collective is our ministry for students and young adults, with a vision to live in the way of Jesus and bring transformation to Preston through university life and workplaces. The group meets weekly for discipleship and gathers monthly for shared meals after Sunday services. Members play an active role across church teams and contribute significantly to church life. ## **Spear Preston** Through Spear, we support 16–24 year olds in overcoming barriers to employment and realising their potential. Over the past year, around 80 young people were supported across six programmes. Many participants have also shown interest in exploring faith and engaging with wider church life. ## **Groups** Minster Groups are central to building friendships and deepening faith. Around 20 groups meet regularly, representing a wide range of ages and life stages. Leaders are supported with training, resources, and pastoral care to ensure healthy and growing communities. ## **Prayer and Worship (Kingdom Come)** Prayer and worship remain at the heart of church life. Through Kingdom Come gatherings, we intentionally create space to seek God and pray for a move of His Spirit across the city. These times continue to deepen spiritual hunger and unity within the church. ## **Focus Festival** Focus, our annual church holiday with the HTB network, continues to be a key moment for encouragement and growth. Last year, over 80 members of our church attended, with many experiencing a stronger sense of belonging, growth in faith, new friendships, and testimonies of physical healing. ## **Looking Ahead** Over the next five years, we are pursuing the following ministry objectives: - **Sundays** – Build a thriving Minster congregation with an average attendance of 400+ committed disciples. - • **Emerging Generations** – Nurture a growing community of 0–29 year olds, including securing a permanent building for ministry. - **Church Planting** – Establish two new Revitalise Trust Network churches across Lancashire. - **Spear** – Develop Spear Preston as a leading provider of employment support for young people and a - meaningful pathway to faith. - **Infrastructure** – Build the operational capacity required to sustain and grow all of the above. - 2 - ## **THE PRESTON MINSTER PARISH OF ST JOHN, ST MATTHEW AND ST JAMES** ## **TRUSTEES' REPORT (CONTINUED)** ## _**FOR THE YEAR ENDED 31 DECEMBER 2025**_ Thank you to everyone for being part of all that God is doing. Through your prayers, generosity, and service, we look forward with faith and expectation to all that lies ahead. ## **Financial review** ## _Reserves policy_ It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year. ## **Structure, governance and management** The PCC is a corporate body established by the Church of England and it operates under the Parochial Church Powers Measure. The method of appointment of PCC members is set out in the Church Representation Rules. Our PCC are custodians of the vision for our church life. They support the Vicar, Rev Tim Roberts, and the senior leadership team in promoting the whole mission of the church. Day-to-day leadership of the church is held with the Vicar and senior leadership. The electorate comprises those members of the congregation who are on the electoral roll and the ex officio officers. As part of our involvement in the life of the Diocese of Blackburn, we are committed to deanery activities in Preston Deanery and have representation on the Deanery Synod. ## **Reinduction and Training of Trustees** Trustees are re-elected every 3 years and all trustees are DBS checked as a requirement. In addition, training is undertaken by new trustees at the first meeting following the annual parish meeting. The PCC for 2025/2026 comprised of: - Ian Foster (Churchwarden) - Bethany Walker (Churchwarden) - James Kewley (Safeguarding Officer) - Claudia Cunningham - Mike Phillipson - Matt O’Donnell - Esther Tregilgas - Colin Addison (Deanery Synod) - Charlotte Farringdon - Dan Bourne - Joel Lucas - Melvin Hoo - Joseph Brookfield (Diocesan Synod) During the year, the PCC nominated an employee of the charity to undertake the roles of Secretary and Treasurer. - 3 - ## **THE PRESTON MINSTER PARISH OF ST JOHN, ST MATTHEW AND ST JAMES** ## **TRUSTEES' REPORT (CONTINUED)** ## _**FOR THE YEAR ENDED 31 DECEMBER 2025**_ The trustees' report was approved by the Board of Trustees. Rev Tim Roberts **Trustee** 21 April 2026 - 4 - ## **THE PRESTON MINSTER PARISH OF ST JOHN, ST MATTHEW AND ST JAMES** ## **INDEPENDENT EXAMINER'S REPORT** ## **TO THE TRUSTEES OF THE PRESTON MINSTER PARISH OF ST JOHN, ST MATTHEW AND ST JAMES** I report to the trustees on my examination of the financial statements of The Preston Minster Parish of St John, St Matthew and St James (the charity) for the year ended 31 December 2025. ## **Responsibilities and basis of report** As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act). I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: - 1 accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or - 2 the financial statements do not accord with those records; or - 3 the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. ## **Marie Craig FCCA TC Group** 20 Commerce Road Lynch Wood Peterborough Cambridgeshire PE2 6LR England Dated: 27 April 2026 - 5 - ## **THE PRESTON MINSTER PARISH OF ST JOHN, ST MATTHEW AND ST JAMES** ## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** ## _**FOR THE YEAR ENDED 31 DECEMBER 2025**_ |**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**Notes**
**£**
**£**
**Income from:**
Donations and legacies
**3**
197,348
-
Charitable activities
**4**
51,499
61,202
Investments
**5**
14,413
-
**Total income**
263,260
61,202
**Expenditure on:**
Charitable activities
**6**
310,489
75,079
**Total expenditure**
310,489
75,079
**Net expenditure**
(47,229)
(13,877)
Transfers between funds
21,483
(21,483)
**Net movement in funds**
(25,746)
(35,360)
**Reconciliation of funds:**
As restated
233,769
226,583
**Fund balances at 31 December 2025**
208,023
191,223|**Total**
**2025**
**£**
197,348
112,701
14,413
324,462
385,568
385,568
(61,106)
-
(61,106)
460,352
399,246| |---|---| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. - 6 - ## **THE PRESTON MINSTER PARISH OF ST JOHN, ST MATTHEW AND ST JAMES** ## **BALANCE SHEET** ## _**AS AT 31 DECEMBER 2025**_ |**Notes**
**Fixed assets**
Tangible assets
**10**
**Current assets**
Debtors
**11**
Cash at bank and in hand
**Creditors: amounts falling due within one year**
**12**
**Net current assets**
**Total assets less current liabilities**
**Net assets excluding pension liability**
**The funds of the charity**
Restricted income funds
**13**
Unrestricted funds|**2025**
**£**
5,324
226,724
232,048
(13,698)|**£**
180,896
218,350| |---|---|---| |||399,246| |||399,246| |||191,223
208,023| |||399,246| The financial statements were approved by the trustees on 21 April 2026 Rev Tim Roberts **Trustee** - 7 - **THE PRESTON MINSTER PARISH OF ST JOHN, ST MATTHEW AND ST JAMES** ## **NOTES TO THE FINANCIAL STATEMENTS** ## _**FOR THE YEAR ENDED 31 DECEMBER 2025**_ ## **1 Accounting policies** ## **Charity information** The Preston Minster Parish of St John, St Matthew and St James is a CIO which was registered on 10 February 2025. ## **1.1 Accounting convention** The financial statements have been prepared in accordance with the charity's [governing document], the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows. The financial statements 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 the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below. ## **1.2 Going concern** At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. ## **1.3 Charitable funds** Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity. ## **1.4 Income** Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. - 8 - **THE PRESTON MINSTER PARISH OF ST JOHN, ST MATTHEW AND ST JAMES** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 DECEMBER 2025**_ ## **1 Accounting policies** **(Continued)** Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. ## **1.5 Expenditure** Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use. ## **1.6 Tangible fixed assets** Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Transfers in No depreciation The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. ## **1.7 Impairment of fixed assets** At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). ## **1.8 Cash and cash equivalents** Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. - 9 - **THE PRESTON MINSTER PARISH OF ST JOHN, ST MATTHEW AND ST JAMES** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 DECEMBER 2025**_ ## **1 Accounting policies** ## **(Continued)** ## **1.9 Financial instruments** The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. ## _**Basic financial assets**_ Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. ## _**Basic financial liabilities**_ Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. ## _**Derecognition of financial liabilities**_ Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled. ## **1.10 Employee benefits** The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. - 10 - **THE PRESTON MINSTER PARISH OF ST JOHN, ST MATTHEW AND ST JAMES** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 DECEMBER 2025**_ ## **2 Critical accounting estimates and judgements** In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. ## **3 Income from donations and legacies** ||**Unrestricted**| |---|---| ||**funds**| ||**2025**| ||**£**| |Donations and gifts|197,348| ||197,348| ## **4 Income from charitable activities** |**Unrestricted**
**funds**
**Restricted**
**funds**
**2025**
**2025**
**£**
**£**
RF Grant Funding
-
7,157
Spear income
-
42,470
St Matts income
12,067
11,500
Event sales/Focus/Premise Hire and Weddings
39,432
75
51,499
61,202
**Analysis by fund**
Unrestricted funds
51,499
-
Restricted funds
-
61,202
51,499
61,202|**Total**
**2025**
**£**
7,157
42,470
23,567
39,507| |---|---| ||112,701| ||51,499
61,202| ||112,701| - 11 - ## **THE PRESTON MINSTER PARISH OF ST JOHN, ST MATTHEW AND ST JAMES** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 DECEMBER 2025**_ ## **5 Income from investments** ||**Unrestricted**| |---|---| ||**funds**| ||**2025**| ||**£**| |Interest receivable and dividend income|14,413| ||14,413| ## **6 Expenditure on charitable activities** |**Unrestricted**
**funds**
**Restricted**
**funds**
**2025**
**2025**
**£**
**£**
**Direct costs**
Church related expenditure
101,689
75,079
Administrative costs
16,459
-
Audit & accountancy fees
8,320
-
Bank fees
4,926
-
Consultancy costs
1,431
-
Charitable donations
847
-
Insurances
10,105
-
Utilities
29,917
-
Motor vehicle expenses
243
-
Small non-capital equipment
6,480
-
Rent
2,268
-
Repairs & maintenance
19,478
-
Salaries & social security costs
92,314
-
Loss on shares
16,012
-
310,489
75,079
**Analysis by fund**
Unrestricted funds
310,489
-
Restricted funds
-
75,079
310,489
75,079|**Total**
**2025**
**£**
176,768
16,459
8,320
4,926
1,431
847
10,105
29,917
243
6,480
2,268
19,478
92,314
16,012| |---|---| ||385,568| ||310,489
75,079| ||385,568| - 12 - **THE PRESTON MINSTER PARISH OF ST JOHN, ST MATTHEW AND ST JAMES** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 DECEMBER 2025**_ ## **7 Trustees** None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. ## **8 Employees** The average monthly number of employees during the year was: **2025 Number** 7 There were no employees whose annual remuneration was more than £60,000. ## **9 Taxation** The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. ## **10 Tangible fixed assets** |**Cost**
Transfers in
At 31 December 2025
**Revaluation**
Revaluation
At 31 December 2025
**Carrying amount**
At 31 December 2025|**Assets**
**£**
196,908| |---|---| ||196,908| ||16,012| ||16,012| ||180,896| - 13 - ## **THE PRESTON MINSTER PARISH OF ST JOHN, ST MATTHEW AND ST JAMES** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 DECEMBER 2025**_ ## **11 Debtors** |**Debtors**|| |---|---| |**Amounts falling due within one year:**
Trade debtors
Other debtors
Prepayments and accrued income|**2025**
**£**
664
4,200
460| ||5,324| ## **12 Creditors: amounts falling due within one year** |**Creditors: amounts falling due within one year**|| |---|---| |Other taxation and social security
Trade creditors
Accruals and deferred income|**2025**
**£**
3,190
7,263
3,245| ||13,698| - 14 - **THE PRESTON MINSTER PARISH OF ST JOHN, ST MATTHEW AND ST JAMES** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 DECEMBER 2025**_ ## **13 Restricted funds** The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used. ||**Transfers in**|**Incoming**|**Resources**|**Transfers**|**At 31**| |---|---|---|---|---|---| |||**resources**|**expended**||**December**| ||||||**2025**| ||**£**|**£**|**£**|**£**|**£**| |Spear|25,000|42,470|(57,637)|(5,500)|4,333| |Select Vestry|4,684|75|-|(50)|4,709| |Bishops Disability Fund|-|7,157|(5,942)|70|1,285| |BDB - Preston St John|3,689|-|-|(306)|3,383| |BDB - Preston St John (2nd)|3,828|-|-|(318)|3,510| |BDB - Preston St John Asst.|||||| |Clergy|10,764|-|-|(893)|9,871| |BDB - Preston St John Bell Fund|2,881|-|-|(239)|2,642| |BDB - Preston St John Fabric|||||| |Endow.|42,407|-|-|(3,518)|38,889| |BDB - Preston St John|||||| |Underwood|20,551|-|-|(1,705)|18,846| |BDB - Preston St Matthew|||||| |Curate|20,744|-|-|(1,721)|19,023| |BDB - Preston St Matthew|54,053|-|-|(4,484)|49,569| |BDB - Preston St Matthews|||||| |Grants|-|11,500|(11,500)|-|-| |The Sandham Organ Fund|3,510|-|-|(291)|3,219| |The Sandham Organ Fund (2nd)|23,602|-|-|(1,958)|21,644| |The Sandham Organ Fund (2nd)|443|-|-|11|454| |The Evangelist Vicar &|||||| |Churchwardens|2,208|-|-|(188)|2,020| |Charity for the benefit of the|||||| |Incumbents|8,219|-|-|(393)|7,826| ||226,583|61,202|(75,079)|(21,483)|191,223| - 15 - ## **THE PRESTON MINSTER PARISH OF ST JOHN, ST MATTHEW AND ST JAMES** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 DECEMBER 2025**_ ## **14 Unrestricted funds** The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. ||**Transfers in**|**Incoming**|**Resources**|**Transfers**|**At 31**| |---|---|---|---|---|---| |||**resources**|**expended**||**December**| ||||||**2025**| ||**£**|**£**|**£**|**£**|**£**| |General funds|233,769|263,260|(310,489)|21,483|208,023| |**Analysis of net assets between**|**funds**||||| ||**Unrestricted**||**Restricted**||**Total**| |||**funds**|**funds**||| |||**2025**|**2025**||**2025**| |||**£**|**£**||**£**| |**At 31 December 2025:**|||||| |Tangible assets||-|180,896||180,896| |Current assets/(liabilities)|208,023||10,327||218,350| ||208,023||191,223||399,246| ## **15 Analysis of net assets between funds** ## **16 Related party transactions** There were no disclosable related party transactions during the year. - 16 -