**Parochial Church Council of St Mary the Virgin, Cuddington**
## **ST MARY’S CHURCH PCC, CUDDINGTON, SURREY ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31[ST ] DECEMBER 2025.**
## **Administrative information**
St Mary’s Church is situated in The Avenue, Worcester Park. It is part of the Diocese of Guildford within the Church of England. The correspondence address is The Parish Office, The Avenue, Worcester Park, Surrey KT4 7HL.
The Parochial Church Council (PCC) is registered with the Charity Commission under number 1128308.
PCC members who have served from 1[st] January 2025 until the date of this report was approved are:
|Incumbent:|The Rev'd Canon Dr. Joshva Raja|Chair|From July 2025|
|---|---|---|---|
|Retired Priest:|The Rev'd John Richardson||Until August 2025|
||Canon Margaret Marsh|||
|LLM (Reader):|Mr Jason Gray|||
|Churchwardens:|Mr Dan Smithers|||
||Mr Peter Harvey|||
|Deanery||||
|Representatives:||||
||Mr Peter Harvey|||
||Mr John Simon|||
|Elected Members:|Mr Rodney Clarke|Vice
Chair||
||Mr David Eames|Treasurer||
||Mrs Samantha O'Shea|||
||Mrs Judith Peake|||
||Mrs Daphne Richardson|||
||Mrs Josephine Reynolds|||
||Mrs Carolyn Harvey|||
||Mr Shaun Potter||Until May 2025|
||Mrs Jacqui Potter|||
||Mrs Kate Nowak|||
||Mr Michael Gittings||Until May 2025|
||Mr Steven Robbins|||
||Mrs Carla Botes||From May 2025|
||Mrs Rona Michael||From May 2025|
|Co-opted members:|Mrs Linda Charlton|||
||Mrs Elena Hough|||
**Parochial Church Council of St Mary the Virgin, Cuddington**
## **Structure, governance, and management.**
The method of appointment of PCC members is set out in the Church Representation Rules. All Church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC. On 9[th] July 2025 the investiture took place for St Mary’s new vicar, the Rev’d Canon Dr Joshva Raja.
## **Objectives and Activities**
St Mary’s PCC has the responsibility of co-operating with the incumbent in promoting, in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social, spiritual, and ecumenical.
## **Achievements and Performance**
There are 103 parishioners on the Church Electoral Roll. Throughout the year, services continued to be delivered via Zoom for those unable to attend the church in person. Regular Sunday attendance averaged 66 while additional services, principally at the great festivals, brought the annual average up to 70.
During the year, 5 funeral services were held and there was 1 internment of ashes, and there were baptisms of 18 children.
## **Financial Review**
St Mary’s funds increased by £9,084 in 2025, before the unrealized losses on the investments held in the Greenfield and Leverton Funds of £1,872. This resulted in a net increase in total funds of £7,212.
## **General Fund**
The General Fund had a surplus of £2,971 in the year. This was greatly helped by a Gift Day held at the end of November.
## **Designated Funds**
The Bequests and Donations Fund benefitted from the receipt two legacies totaling £10,000 in the year. A new Heating & Net Zero designated fund was established in the year.
## **Restricted Funds**
Restricted Funds reduced by £8,683 in the year. £2,525 of investment income was received. £9,613 was spent installing a humidifier and swell motor for the organ, £1,504 on organ and piano tuning and general music support. £91 was spent on lighting repairs in the Leverton Room.
## **Reserves Policy**
It is PCC policy to maintain a balance on free reserves (net current assets) which equates to at least six months’ unrestricted payments. This amounts to £68,543. It is held to smooth out fluctuations in cash flow and to meet emergencies. The balance of free reserves at year end was £177,609, held on unrestricted (including designated) funds.
## **Investments**
It is PCC policy to invest cash, which is surplus to day-to-day requirements, with the Church of England Deposit Fund (administered by CCLA).
I would like to thank Malcolm Coffey, our Independent Examiner, for his efficient and thorough review of the accounts, and his advice and comments. The Independent Examiner’s Report, together with the accounts below, form part of the report filed with the Charity Commission and may be viewed on their website. Many thanks again to Jacqui Hooper for counting and banking our collections and other receipts each week. Thanks also to John Simon for taking on the responsibility of Planned Giving Scheme administrator from Colin & Jacqui Hooper.
**David Eames, Treasurer**
**Parochial Church Council of St Mary the Virgin, Cuddington**
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Incoming Resources (£157,377)
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Other Giving (incl Tax)
£36,215 Hall Lettings £20,550
Weddings etc.£572
Fundraising income
£6,029
Investment Income
£6,761
Catering,books £688
Planned Giving (incl
Tax) £83,922 Sundry £1,023
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## **Resources Expended (£148,293)**
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Mission & Evangelism Fundraising Costs £106
£343
Sundry Costs £7,280
Trading Costs (inc. Hall)
Stipends Quota
£15,765
£59,180
Church Running Costs
£30,704
Ministry Costs £6,566
Other Parish Share
£28,269
**----- End of picture text -----**
**Parochial Church Council of St Mary the Virgin, Cuddington**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025**
|**Incoming Resources**
_Notes_
**_______**
Income from generated funds
Voluntary Income
2a
Activities for Fundraising
2b
Income from investments
2c
Church Activities
2d
Other Incoming Resources
2e
**Total Incoming Resource**
**Resources Expended**
Cost of Generating Funds
Fundraising Trading
3a
Church Activities
3b
Other Resources Expended
3c
**Total Resources used**
**Net Incoming Resources Before**
**Transfers**
Transfers between Funds
8
**Net Incoming Resources After Transfers**
(Loss)/ Gains on Investments
4
**Net Movement of Funds**
**Total Funds b/fwd 1 Jan**
8
**Total Funds c/fwd 31 Dec**
8|**Unrestricted**
**General**
**Designated**
**_______**
**_______**
**£**
**£**
110,137
10,000
6,029
-
1,058
4,796
21,810
-
1,023
-
**140,057**
**14,796**
0
186
-
132,158
-
4,742
-
**137,086**
-
**2,971**
**14,796**
-
-
**2,971**
**14,796**
-
-
**2,971**
**14,796**
**35,824**
**124,018**
**38,795**
**138,814**|**Restricted**
**Endowment**
**_______**
**_______**
**£**
**£**
0
-
0
-
2,525
-
-
-
-
-
**2,525**
**-**
0
0
-
-
11,208
-
-
-
**11,208**
-
**(8,683)**
-
-
-
**(8,683)**
**-**
-
**(1,872)**
**(8,683)**
**(1,872)**
**37,975**
**46,845**
**29,292**
**44,973**|**2025**
**2024**
**_______**
**_______**
**£**
**£**
120,137
113,779
6,029
6,294
8,379
8,024
21,810
25,469
1,023
642|
|---|---|---|---|
||||**157,378**
**154,208**|
||||186
106
143,366
136,419
4,742
21,736|
||||**148,294**
**158,261**|
||||**9,084**
**(4,053)**
-
-|
||||**9,084**
**(4,053)**
**(1,872)**
**1,049**|
||||**7,212**
**(3,004)**
**244,662**
**247,666**|
||||**251,874**
**244,662**|
Parochlal Church Councll of St Mary the Vlrgln, Cuddlngton
BALANCE SHEEf AS AT 31 DECEMBER 2025
Notes
2025
2024
Flxed Assets
Inv•stm•nts
44.973
46.845
Current Asset8
Bank and Cash B•lanc•s
Sundry D•btors
196.286
12.669
191.981
8,898
Curmnt Llabllltles
Sundry CredStorn
12,054}
(3,0621
N•t A••o1•
251.874
244,662
Th• Funds of th• Charlty
Unrestrlctèd Funds - General
Unrestrl¢t•d Funds - D•slgnated
R•strlet¢d Funds
End¢wment Funds
38,795
138,814
29.292
44,973
35,824
124,018
37,975
46.845
Total Funds
251,874
244.862
Appmved by the PCC..
Chalr
Date.. >
## NOTES TO THE FINANCIAL STATEMENTS (continued)
For the year ending 31st DECEMBER 2025
|2
**Incoming Resources**
2a
**Voluntary Income**
Gift Aided Planned Giving
Other Planned Giving
Collections at Services
All other giving (inc Gift Day)
All Tax Recovered through Gift Aid
Legacies and grants received
2b
**Activities For Fundraising**
Fundraising Events
2c
**Income from Investments**
Dividends
Interest
2d
**Church Activities**
Wedding & Funeral Fees
Wedding & Funeral Additional Items
Church Hall Lettings Fees
Catering income, sale of books
2e
**Other Incoming resources**
Insurance Claims & Sundry Income
**Incoming Resources Total**|2025
2024
Unrestricted
Designated Restricted
Endowment
Total
Total
Funds
Funds
Funds
Funds
Funds
Funds
**£**
**£**
**£**
**£**
**£**
**£**
65,014
-
-
-
65,014
64,173
2,472
-
-
-
2,472
3,435
3,339
-
-
-
3,339
2,772
19,460
-
-
-
19,460
20,131
19,852
-
-
-
19,852
21,268
-
10,000
-
-
10,000
2,000|
|---|---|
||110,137
10,000
0
-
120,137
113,779|
||6,029
-
-
-
6,029
6,294|
||6,029
-
-
-
6,029
6,294|
||-
-
1,302
-
1,302
1,271
1,058
4,796
1,223
-
7,077
6,753|
||1,058
4,796
2,525
-
8,379
8,024|
||2025
2024
Unrestricted
Designated Restricted
Endowment
Total
Total
Funds
Funds
Funds
Funds
Funds
Funds
**£**
**£**
**£**
**£**
**£**
**£**
472
-
-
-
472
1,625
100
-
-
-
100
944
20,550
-
-
-
20,550
22,063
688
-
-
-
688
837|
||21,810
-
-
-
21,810
25,469|
||1,023
-
-
-
1,023
642|
||1,023
-
-
-
1,023
642|
||**140,057**
**14,796**
**2,525**
**-**
**157,378**
**154,208**|
## NOTES TO THE FINANCIAL STATEMENTS (continued)
For the year ending 31st DECEMBER 2025
|3
**Resources Expended**
3a
**Fundraising trading**
Fundraising Costs
3b
**Church Activities**
Mission Giving
Stipends Quota
Ministry Parish Share
Parish office salaries etc.
Ministry Expenses
Evangelism (inc work with young people)
Church Running Expenses - Building & Assets
Church Running Expenses - Parish Office
Church Running Expenses - Provision of
Services
Church Running Expenses - Grounds
Church Utility Bills
Trading Costs (incl. Hall)
Catering, books, etc.
Sundry
3c
**Other Resources Expended**
Building work
Vacancy costs
**Resources Expended Total**|2025
2024
Unrestricted Designated
Restricted
Endowment
Total
Total
Funds
Funds
Funds
Funds
Funds
Funds
**£**
**£**
**£**
**£**
**£**
**£**
186
-
-
-
186
106|
|---|---|
||186
-
-
-
186
106|
||343
-
-
-
343
0
59,180
-
-
-
59,180
68,445
28,269
-
-
-
28,269
25,538
5,273
-
-
-
5,273
7,128
1,293
-
-
-
1,293
514
-
-
-
-
0
19
5,802
-
-
-
5,802
6,409
2,581
-
-
-
2,581
2,299
5,617
-
11,117
-
16,734
7,714
164
-
-
-
164
423
5,423
-
-
-
5,423
4,152
15,675
-
91
-
15,766
10,441
331
-
-
-
331
209
2,207
-
-
-
2,207
3,128|
||132,158
-
11,208
-
143,366
136,419|
||-
-
-
-
-
19,650
4,742
-
-
-
4,742
2,086|
||4,742
-
-
-
4,742
21,736|
||**137,086**
**-**
11,208
**-**
**148,294**
**158,261**|
NOTES TO THE FINANCIAL STATEMENTS (continued) For the year ending 31st DECEMBER 2025
## 4 **Investments**
Investments comprise shares held in the CBF Church of England Investment Fund and represent the principal of the Greenfield Legacy Fund and the Leverton Fund (note 8). These are Endowment funds
£
|Balance on 1st January 2025
Deficit on revaluation
Balance on 31st December 2025
5
**Bank and Cash Balances**
National Westminster Bank
Short Term Deposits
Petty Cash
6
**Sundry Debtors**
Income Tax Recoverable
Other
7
**Sundry Creditors**
Accounts Payable
Agency Collections|46,845
(1,872)
44,973
2025
£
38,884
157,257
145
196,286
2025
£
7,669
5,000
12,669
2025
£
737
1,317
2,054|2024
£
41,404
150,448
129|
|---|---|---|
|||191,981|
|||2024
£
8,898
-|
|||8,898|
|||2024
£
1,373
1,689|
|||3,062|
NOTES TO THE FINANCIAL STATEMENTS (continued) For the year ending 31st DECEMBER 2025
## **Funds of the Charity**
|**Unrestricted Funds:**
General Fund
Designated - Bequests & Donations Fund
- Heating& Net Zero
**Restricted Funds:**
Restricted - Greenfield Fund
- Organ and General Music Fund
- Spiritual Development Fund
- Leverton Room
**Endowment Funds:**
Greenfield
Leverton
Total Funds|01/01/25
Incoming
Resources
Gains/(losses)
Transfers
31/12/25
Resources
Expended
on
Investments
£
£
£
£
£
£
35,824
140,057
(137,086)
-
38,795
124,018
14,796
-
-
(20,000)
118,814
-
-
-
-
20,000
20,000|
|---|---|
||159,842
154,853
(137,086)
-
-
177,609|
||16,502
1,452
-
-
17,954
14,229
350
(11,117)
-
-
3,462
3,621
131
-
-
3,752
3,623
592
(91)
-
-
4,124|
||37,975
2,525
(11,208)
0
0
29,292|
||30,406
-
-
(1,215)
-
29,191
16,439
-
-
(657)
-
15,782|
||46,845
-
-
(1,872)
-
44,973|
|||
||244,662
157,378
(148,294)
(1,872)
-
251,874|
## Designated Fund
**The Bequests Fund** holds any legacies or larger donations that are received where no specific conditions have been laid down for their use. Funds are transferred to other funds when required and authorized by the PCC.
**The Heating & Net Zero Fund** was created a at the end of 2025 to provide funds for the improvement in the church heating system and to fund the movement to a net zero emissions goal.
.
## Restricted Funds
**The Greenfield Fund** was set up when a former churchwarden donated a capital sum to generate income for the maintenance of his gifts to the church, namely the West Window, the two most westerly windows in the South Wall and the Lych-gate. It derives its income from the dividends on the capital sum invested as the Greenfield Legacy Fund.
## NOTES TO THE FINANCIAL STATEMENTS (continued)
For the year ending 31st DECEMBER 2025
**The Organ and General Music Fund** (previously The Music Development Fund) was created in 1996 by the renaming of the Organ and Choir Fund, which had previously been reported as part of the Bequests and Donations Designated Fund and is to be used to meet the needs of the choir and music in general. Following a successful appeal for funds for the repair of the organ, this fund was renamed and will be used for all aspects and requirements for church music.
**The Spiritual Development Fund** was set up in October 2014 on receipt of donations specifically for the promotion of individual and group spiritual development, particularly outside of the parish. It will be used to help individuals to meet the cost of their spiritual development .
**The Leverton Room Fund** was set up in 2015 following the receipt of a £10,000 legacy from Peter Leverton. The income from the legacy is used to maintain the Leverton Room.
## 9 **Related Party Transactions**
There were no related party transactions in 2025.
.
Independent Examiner's Report to the PCC of St. Mary, The Virgln, Cuddington
I report on the accounls for the year ended 31 December 2025. which are sel out on the preceding 8
pages.
Resp8ctlve responsibilitles of the PCC and the Examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's Iruslees
consider that an audit is not required for this year under section 144{21 of the Charities Act 2011 (the
Charities Acll and that an independent examination is needed.
11 is my re8ponsibilily lo..
Examine the accounls under section 145 of the Charities Acl-. lo follow the procedures laid
down in the general Directions given by the Charity Commission under section 14515llb) of
the Charitses ACL and to state whetlw any matters have come to my attention
Basls ot thè Independent Examlnerfs SLitement
My examination was Carried out in accordance wilh the general Diredions 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 records. It also includes consideration of any
unusual items or disclosures in the accounts and seeking explanations from the Injstees concerning
any such matters. The procedures undertaken do not provide all the evidence that would be required
in an audit, and consequenlty no opinion is given as to whether the accounts present a Yrue and fair
view, and the report is limited to those matters set out in the statemenl below.
Independent Examlnerfs Statement
In connection with my examination, no matter has come lo my allention..
which gives me reasonable Cause lo believe that in. any material respect, the requirements:
to keep accounting records in accordance with section 130 of the Charities Act, and
to pr8pare accounts which accord the accounting Tecord3 and comply with the
accounting qUirementS of the Charities Act have not been met.. or
to vlhich, in my opinion. attention should be drawn, to enable a proper understanding of the
accounts to be reached.
121
Mr. D Malcolm Coffey
15 Auriol Park Road
Worcester Park Surrey
i(r4 7DP
Siyned:
2*JL