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||`Page`|
|---|---|
|`Charity details`|`1`|
|`Trustees' annual report`|`2`|
|`Independent examiner's report`|`3`|
|`Statement of financial activities`|`4`|
|`Balance sheet`|`5`|
|`Notes to the financial statements`|`6`|





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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 pyel￿￿1 in ￿CO￿lanCe 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 a￿1 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 re￿ts 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 thU￿h 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 Ch￿ity'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 res￿￿eS to fund maintenan¢e ofthe 4 prot*rties 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
DEPENDE￿r 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¢ r￿pOnsIbilitIeS of trnstees and e￿miner
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 a￿OUnts 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 r￿onable 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 f￿S
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 Y￿uary 2015).
Th¢ Trust also 4 c4)ttsge prOp￿tleS which are insured for an iThlicative value of £360.(K)O.
The accounts WQE approved by the Tn￿ (m X
and Si￿￿1 on theirbehalf by
gwell

THE CHURCH ESTATE
NOTES TO THE ACCOUNrs
FOR THE YEARENIiED 31 DECEMBER 2025
Accounting Polici&8
The ac￿Unts have been Fryar&J under the hiskyical cost convention aThl in accordance with
Accounting arnl Re[￿l￿g 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 eX￿dits￿e 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 In￿tee5 or ￿>ple connected with them.