Rtti)ort Lind Acrounts fr)r trip. y?¢1r e.iidin! 31 Depgnihe1" 202J
EcclesiasLical l?urpose% In Coi)riexioii with Ilie C,hiii'cli ol EnEland
EccLesiastical Purposes in Connexion with the Church of England
Charity Number: 257099
Report and Accounts forthe year ending 31 December 2025
The trust owns one property- 38. The Paragon, Bath BA15LY. This is referred to in this
document as Church House. The property is currently let 8S two apartments. a garden
apartment and an upper maisonette.
Almost alltrust income derives from the rent from these two apartments.
The only other assets owned bythe trust 8re two small endowment funds, namely a
bond fund and an UK Equityfund, both ofwhich 8re run by Blackrock. The funds
produce a modest quarterly income. The combined value of these two funds is less
than £20,000.
Church House w8s originally owned by St Swithin's Church in Walcot. Bath. This church
is next doorto Church House. Church House is a Grade11 listed Georgian building.
The name of the trust indicates that the purpose of the trust is to further the purposes of
the Church of England. All grants from the trust are currently given to the PCC of St
Swithin's Church in Bath. usually by monthly standing order. This has been the case for
many years and is likely to remain the same in the f uture. This PCC is referred to this
report as Walcot PCC.
The trust is run bytwo trustees: Sandra Gooding Isecretaryl and Michael Banner
ITreasurerl.
The trust employs a letting agency (Andrews) to administer the issues that arise from
time to time with the property. During the year Andrews had taken over Homelets. which
had been the trust's letting agency up until that point. The agency charges 8
commission and deals with most routine incidents requiring maintenance and other
tasks such as fire safety tests.
Trustees do not receive a salary or other financial gain. apart from any necessary
expenses incurred. No claims for expenses were made in 2025.
PHgelot5

Ropoi l aiid Ai.'e.ounts foi tlie y(JLir oncl in&7 31 Opco.nil)?r 2025
Fr.r.Ip.glagtir.?I Piiinnsp.£ In Coiiiipxion with ilie (;liurch ol Ei)gl¢l1)d
The trust had prepared for signif icant maintenance work to be carried out this year. The
main items were as follows:
Amount
Maintenance
Outside renovation / painting Ioctl
New bathroom Imaisonettel (Jul /
AUEI
Central Heating - Flush out system
Ioctl
All other maintenance
Total
6429
7952
720
1674
16775
The outside renovation work included repairing and repainting all windows on the rear
and side elevation of the building. The previous redecoration of the outside windows
had not been done to a good standard, and some rotten wood needed to be replaced
first. The rear drainpipe and the gate to the garden flat were also repainted. The work his
work was carried out by lan Williams Limited. The company carried out a free asbestos
survey ofthe windows. Scaffolding was erected to carry out the work. We believe that
the work has been carried out to a good standard and we hope that repainting will not
be needed for another 5 to 7 years.
Secondly the bathroom in the maisonette was largely replaced. A new bath and floor
were installed and the bathroom was redecorated. The toilet and basin were fairly new
and did not need to be replaced.
Thirdly a problem arose with the central heating which meant that one radiator stopped
generating heat Gompletely. Consequently the system needed to be flushed out, at a
fairly signif icant cost.
The trust has therefore spent more on maintenance expenses than in the previous year,
but this was as expected and h8d been budgeted for. The accounts show that the
amount of assets held by the trust reduced by slightly under £5000 in the course of the
year, but the level of assets is not expected to reduce further in 2026.
The trust pays a monthly grant of £1300 to Walcot PCC, amountingto £15600 in total for
the year. The level of grant has been kept at the same level as in 2024, but it will be
reviewed in the first quarter of 2026. The trust may decide to make additional ad-hoc
additional grants to Walcot PCC in the future.
The trust has appointed Dr Christopher Chatfield of 36 Partis Way, Bath, BA13QQ to be
the Independent Examiner of the end of year accounts. Christopher is retired, having
been Reader in Statistics at Bath University for many years. Christopher has kindly
8greed to carry outthe examination free of charge. Christopher is not a member of St
Swithin's Church. which is the only beneficiary ot the trust's work.
PclgSP 2 015

RopTrDI't i?i)d Aecou nt% for 11)e y?1L r onclink 31 DLQ.L'rtiher 2025
EcclLsiaslicL71 Puri)oses in Coi)iiexion wiLh tlic Cliui'cli ol Eiiglaiid
Receipts and Payments for Year Ending31 December 2025
Receipts
Amount 1£)
Rental- Top Flat
Rental- Bottom Flat
Investment Income (Blackrockl
Interest on CCLA Deposit account
19707
11400
766
459
Total Receipts
32333
Payments
Agent's Commission
Maintenance
Insurance
TenancyAgreement
Payments to Walcot PCC
2525
16775
1339
975
15600
Total Payments
37214
Net Receipts less Payments
4881
Cash funds blf
Cash funds clf
38472
33591
Natwest CurrentAccount
CCLA Deposit Account
Blackrock Bond Fund
Blackrock Equity Fund
9598
5000
3170
15823
Total Cash at hand
33591
Page3015

itrport aiid Ace.ou Iits for tlic ye¢?r eiicl ing 31 Dociinihp.1 202
Fcclesiaslirtil Piirposes In Goi)ii?xion with tlie Cl)uicli lil &iiglaiid
Statemenl ofAssets and Llablllties on 31st December 2025
Assets
Fixed Assets
Value of building (Church House)
Value of fixtures and fittings
863,885
25.000
Current Assets
Cash and investments
33,591
Total Assets
922,476
Liabilities
Nil
Net of Assets and Liabilities
922.476
The value of Church House, and of its fixtures and fittings, is the notional value as
specified in the latest insurance policy.
We the trustees hereby formally approve these end ofyear accounts.
Date of Signature
Name
Signature
9(3
S. E.
PaLse4015

RepDI't ai)d Actou nt8 fur ilie ytrar on(ling 31 DecLniber 2025
Ecclesit?stical PLirDoses in Coi)IlCXlDn witli tlic Cl)Lircli ol Eiiglaiid
Independent Examiner's Report to the Trustees of EcclesiasticaL
Purposes in Connexion with the Church of England
I have examined the accounts ofthe trust named"Ecclesiastical Purposes in Connexion
with the Church of England havingthe Charity Number 257099, for the year ending 31
December 2025. These accounts are set out on pages 1 to 4 of the trust's annual report
and accounts for the same accounting year li.e. set out in the previous pages of this
same document).
Responsibilities and basis of report
As the charity's trustees you are responsible for the preparation of the accounts in
accordance with the Charities Act 20111'the Act'l.
I report in respect of my examination of the charity's accounts carried out under section
145 of the Act and in carrying out my examination, I have followed all the applicable
Directions given by the Charity Commission under section 14515llbl of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my
attention in connection with the examination giving me cause to believe that in any
material respect..
Accounting records were not kept in secret in respect of the charity as
required by section 130 of the Act. or
The accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the
examination to which attention should be dr8wn in order to enable a proper
understanding of the accounts to be reached.
Name
. Ckfoffl u u71
Signature
Date of SignatLsre
Address
I•TI tfl 3LS)L)
Pc?go 5 015