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Charity details |
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Trustees' annual report |
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Independent examiner's report |
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Statement of financial activities |
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Balance sheet |
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Notes to the financial statements |
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THE CHURCH ESTATE TRUSTEES, ANNUAL REPORT FOR THE YEARENDÈD 31 DE(BER 2025 The have pleasure in wesorting their retM)rt fordK year aKleAI 31 Decanbtt 2025. The accounts have pyel1 in COlanCe with ts xcounting wTrlicies set out in notes to the accounts and comply with the ¢harity'5 governing documenL the Charities Act2011 and Accounting and Rq)ortiDg by Charities: ststement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities published on 16 July 2014. Structur4 governance and nwement of the ebaiity Governing document c0nstittrt1(- Stheme dated 15 Sewlu 1877 a1 r&solution dat&a 22 May 2012. The TNstees who have Serv during the year are set out on l. Risk management The trustees haveexamined the maioTslrategic. businessarKI OFtrati¢)nal risks Mthichthe charity faces and confimis that systems have been lIshedt0 enable regular rets to be so thatthe necessary steps can be taken to lessen the risks. Charity's objectivesy adivi¢Ks and adii¢veJnemts for the publ Imefit Objects of the eharity The objects of the charity are to Itse 01 half of the ijKome for the upkeq of the fthic of Thumham Church arKI the other half for the maintenance of thUh s¢rYices. Charity's artivities and achievements during the yeydr The trustee has referred to the guidance Containd in the Charity Commission's general guidance on public benefit reviewing the Chity'S aims and objectives and in p]anning future objectives. Financiydl review The surplus for the year was £18,803 (2024: £20.186). DetsiLs of im)me 2nd expaKliluT¢ for the Y are shown in the Statement of Financial Activiti&s on page 4. Reyerves policy Thc balance hehl on the unrestricted inc4)me fund atth¢ end of the yearwas £96,517 (2024". £75,970). The charity maintains suffjcient reseS to fund maintenan¢e ofthe 4 protrties which itowns. The restricted fund is in respect of the fabric fund and th¢ endowment fimd rqxesents tnjst capitsl following land sales in 1969 and 1986. r4Ra. Hillary Reid
THE CHURCH ESTATE DEPENDEr EXAMtNER'S REPORT I r¢port on th¢ accounts of the tharity for th¢ endryj 31 December 2025 which are set out on pages 4 to 6. Respe¢tiv¢ rpOnsIbilitIeS of trnstees and eminer The Charity's Trustees are 4X)nsIble for the preparation of the accounts. The CharAty's Trustees consider that an audit is not required for this year under section 144(2) of the Chartties Act 2011 (the 2011 Act) and that an in(kpcndent examination is n¢edeiL Ji is my resp)nsibility to: eLgmine the accounts under section 145 of the 2011 ACL follow the procedures laid down in the General Directions given by the Charity Commission¢TS under section 145(5)(b) of the 2011 ACL" and state whether particular matters have come to my attention. Basi5 of independent esaminer's rewrt My examination was carried out in accordance with the genernl Directions given by the Charity Commission. An examination includes a vIeW of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includ¢s o)nsideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would required in an audit and. consequently, no opinion is given as to wh¢th¢r the aOUnts present a.true and fair view" and the rep)rt is limited to those matters set out in the statement below. IndepeDdent examiner's statement In connection with my examination. no matter has come to my attention: which gives me ronable cause to believe that in any material respecL the requirements.. to keep accounting records in ae£ordance with section 130 of the 2011 ACL and to prepare accounts which accord with the accounting record8 and comply with the acwunting requirements of the 2011 ACL have not been rneL OT lo which. in my opinion. attention should be drawn in order to enable a proper understanding of the a¢wunts to be reached. Mareel Jun FFAIFIP& FAIA
THE CHURCH ESTATE STATEMENf OF FtNANCtAL ACttvrrIES FOR THE YEARENDED 31 DECEMBER 2025 Untestrictd li&strIct Endowment Total Futmjs 2025 Total 2024 coTr Rentsl income Investment income: C of E Fixed Intercst FWMI COIF Dividends COIF Fixed Intetest Fund Deposit account interest Deposit Fund interest Bank Interest Total incoming rtsources 45.613 45.613 41,542 336 6J53 819 336 6J53 819 3.169 242 6,186 557 3.616 3,167 743 743 326 RESOURCES EXPENDED Maintenance Renovation of Cottages Insurance Professional fS Misc Bank charges Distribution to PCC (8.038) (&038) (3.973) (2.542) (7,186} (696) {2J42} (7,186) (696) (2.346) (7,274) 50 {9.632) (9,632) (24,703) Total re8ouree8 expetyded 28.(V)4 2&094 Net inl(outkoming resources before trJnsfers 25.772 3.167 2&939 14.222 Transf¢rs between fimds Net tnwming resour before other recognised gains1(lo} 25.772 3.167 2&939 14,222 In¢r¢asd(d¢¢rease) in valu¢ of investments (5.227) (4,909) (10,136) 5,964 movement io ttds 20.545 (1.742) 20.186 Balanc brought forward l Janu 75.970 21YJ.461 105.771 391202 371.016 Balan¢es ¢arri¢d foThvard 31 De¢¢mber 96.515 207.719 105,771 410,005 391,202
THE CHURCH ESTATE BALAN SHEET AS AT 31 DECEMBEk 2025 Note 2025 2024 DEBTORS BANK ACCOUNTS 83,733 57,963 DEposrr FUNDS {COIF) Estste Reserve Fabric Fund 41 Tl.267 77,308 39 74,1(Xl 74,139 Creditors- amounts falllng due wlthkn one year Net current assets 161.041 132,102 INVESTMErirs COIF Charltles Investment Fund Income Trust Capital Fabric Fund COIF Charitie5 Fixed Interest Incorne Trust Capital Fabric Fund 108,647 107,739 114.109 113.156 9,866 22,712 248.964 9,630 22,205 259,1(Kl TOTAL AssErs 410,(IJ5 391,202 TOTALASSEfs 8Y FUND Unrestricted Restrirted Endowment 96,517 207,717 105,771 410.005 75.970 209.461 105,771 391,202 The accojnts have IKen pryared in wilh the Financial RgM)rtll Stsndard for Smalkr Entities (¢fftdive Yuary 2015). Th¢ Trust also 4 c4)ttsge prOptleS which are insured for an iThlicative value of £360.(K)O. The accounts WQE approved by the Tn (m X and Si1 on theirbehalf by gwell
THE CHURCH ESTATE NOTES TO THE ACCOUNrs FOR THE YEARENIiED 31 DECEMBER 2025 Accounting Polici&8 The acUnts have been Fryar&J under the hiskyical cost convention aThl in accordance with Accounting arnl Re[lg by Charities: Statemert of Re(xymtnenda Pra¢t1 applicable to ¢haTiti&s preparing their accounts in accorthnce with the Financial Reporting SL7ndard for Smaller Entities published on 16 July 2014. the Financial Rqx>rting Stsndard for Smaller Entities (FRSSE). and the Charities Act 2011 and UK Generally Accepted Practice as it applies from l January 2015. The accounts (financial statements) have been Prepa[ to give a'true and fair. view and have departed from th¢ Chariti¢s (Accounts and Rq)orts) Regulations 2008 onty ts) the exknt required to provide a 'true and fairf view. This has Involv folk)wing the Accounting aTJd Rwirting by Charitics: Statement of Recommended Practice applicable to charities preparing their accounts in ac¢ordance with the Financial RqM)rting Standard for Smaller Entities published on 16 July 2014 rather than the Accounting and Reporting by Charities: Ststement of Recommended Practice effectiv¢ from l April 2005 which h&$ since been withdraw Income and pendIture Income and eXditse are inclth in the statement of fmanctal activities on the ac£rual basis. Inveslments Investmrnts are valued at mid-maTket vahle at 31 December. Unrestricted income fund The fund is to be applied for the Eyincipal objects of the charity as describd on page 2. Trustees No remuneration or other benefts were paid to the charity's Intee5 or >ple connected with them.