Registered Charity Number 1128971
The Parochial Church Council Of The Ecclesiastical Parish Of High Wycombe St Andrew Hatters Lane, High Wycombe, Bucks, HP13 7NJ
Annual Report
and Financial Statements of the Parochial Church Council
For the year ended 31 December 2025
Incumbent:
Rev Simon Dust
Bank:
Co-Operative Bank P O Box 250 Skelmersdale WN8 6WT
Examiner:
Stewardship 1 Lamb's Passage London EC1Y 8AB
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HIGH WYCOMBE ST ANDREW
CONTENTS OF THE ANNUAL REPORT AND FINANCIAL STATEMENTS
for the year ended 31 December 2025
| Pages | |
|---|---|
| Report of the Trustees | 1 to 5 |
| Independent Examiner's Report | 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 |
| Cash Flow Statement | 9 |
| Notes to the Financial Statements | 10 to 19 |
St. Andrew's Church - High Wycombe Report of the Trustees For the Year Ended 31st December 2025
Page 1
The trustees present their report with the financial statements of the charity for the year ended 31 December 2025. The trustees have adopted the provisions of 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 2015).
St Andrew's Parochial Church Council (PCC) has responsibility with the Team Vicar, the Revd. Simon Dust for promoting the whole mission of the church within and beyond the parish of St Andrew's, part of the Team Ministry of High Wycombe.
The PCC is also responsible for the church complex and former vicarage, sited at the junction of Windrush Drive and Hatters Lane.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The PCC is committed to enabling all people to worship at the church and to become part of the worshipping community at St Andrew’s. The PCC maintains an overview of worship throughout the parish and through many community groups, particularly though our Missional Communities. As we gather to worship we seek to put faith into practice through prayer and scripture, music and teaching.
St Andrew’s aim is to love God with all our heart and to love our neighbours as ourselves. As can be seen in our Charitable Work description, we are engaging with hundreds of local families on a weekly basis, and supporting large numbers of our elderly population a wide range of activities, small groups and services, including visiting individuals in their homes.
Significant plans for the future
St Andrew’s is continuing to outwork the vision we have to be God’s transforming presence for High Wycombe and beyond. We were very pleased to open the new Nexus project revitalisation work at St Andrew’s which has been a major building project that has been many years in the planning. The aim of the project is to create greater accessibility throughout the week, provide urgent improvements to our existing facilities and meeting space for a wide number of groups.
Over the project build we had to negotiate several building issues, increasing costs and some minor delays. Despite these setbacks, we opened the new building in August 2025 with the Bishop of Buckingham joining us for our official opening on September 14[th] 2025. The total cost of the project will be around £1.2 million. The majority of the funding has been through sacrificial giving from the church family.
We have also received generous support from local and national charities. We are now adjusting to the new facilities and working with the wider community to make good use of the new building.
St Andrew’s has been a Resourcing Hub for the local area in partnership with the Oxford Diocese and the Church Commissioners to support other local churches to reach out and to begin new congregations. One of the main ways we are doing this, is to release Simon and Debbie Dust to revitalise St Mark’s Church, Bourne End. Over the last year we have seen significant investment in buildings, the growth of new team with two new wardens and an administrator. Growth is slow, but encouraging.
At the heart of all we do is to make Missionary Disciples who seek to follow Jesus in every area of life. Our main strategy for doing this is through our Missional Communities . We have had five Missional Communities through 2025 and we are looking to begin 2 new groups in 2026.
As part of St Andrew’s legacy, we have worked closely with a number of Mission Partners around the world to support Global Mission . We have seen a few short term mission trips through this year and are looking to raise up longer term mission partners sent from St Andrew’s.
Public benefit
When planning activities for the year, the vicar and the PCC consider the Commission’s guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion. Emphasis is given to enable ordinary people to live out their faith as part of the parish community.
St. Andrew's Church - High Wycombe Report of the Trustees (continued) For the Year Ended 31st December 2025
Page 2
ACHIEVEMENT AND PERFORMANCE
Charitable activities
During 2025 and the Nexus project, we had to pause a number of our outreach ministries due to restricted access to our site. Since the re-opening of the church in August, we are pleased to see new ministries opening whilst some have changed how they work.
We have been pleased to see the growth of the Well. The Well is a counselling service in High Wycombe offering help and support to individuals experiencing a range of problems such as anxiety, depression, inability to cope, relationship issues, bereavement and more. This service is provided at an extremely low cost to allow those struggling financially to access the support. With concerns over mental health following the effects of the pandemic, we have been pleased with the growth of Renew space for both adults and young people. This is a place where it is ‘ok to not be ok’ and is reaching out across our community. Alongside this, we also began ‘Open for Lunch’ for anyone to drop in for lunch bi-weekly.
Family Support Group and St Andrew’s Playgroup do wonderful work with young and struggling families in our local community.
We have been partnering with Eastside Youth Centre to provide community youth activities. Towards the end of 2025 we have re-focussed our youth provision with weekly small hubs, Friday night’s Upper Room and partnering with United, a town wide youth charity providing worship nights, socials and their annual weekend away.
We were delighted to be able to host the Christmas Day lunch at St Andrew’s using our new facilities, particularly the brand-new kitchen and lounge area. We provided 185 meals for our guests, volunteers and those we were able to deliver meals to.
Church Electoral Roll / Average Sunday Attendance
At the APCM held on 19th May 2025, 120 names appeared on the Electoral Roll (a decrease of 78 on 2024). An average of 182 people (134 adults, 48 children / young people) worshipped at St Andrew's on Sundays in October 2025 (an increase of 37 on 2024). This does not include weekday attendances.
Volunteers
At St Andrew’s, we have an amazing army of volunteers who serve the church and community in a wide variety of ways throughout the week. Although we have seen a huge change in working patterns, we continue to seek to find ways of serving our community recognising we have less people available during the day. We have been actively encouraging everyone in the church to use their gifts and skills to serve others in some way. At our services on a Sunday morning we have people who help serve coffee, welcome people, assist with groups for kids and young people, play in the worship band, operate the tech equipment, and pray for people. Much of our community work relies on people who support our groups with cooking, child care, lifts etc. We also have people who volunteer on an ad-hoc basis as a need arises. People assist with gardening, decorating, cooking meals, admin and giving lifts to appointments/hospital etc.
FINANCIAL REVIEW
Financial position
This year's total income of £833k was up on 2024's total income of £526k, with all of the growth being in restricted income reflecting donations towards the Nexus project. Unrestricted income towards the day to day running of the church fell from £307k to £294k in 2025 mainly due to lower one off donations which we believe were channelled towards the Nexus project. Restricted income grew by £320k, from £219k to £539k. The largest increase in restricted income was from income related to the Nexus project of £452k up from £157k, along with £27k raised for Gift Day projects which will be paid in early 2026. These were offset by a £15k fall in income and grants for community work which was reduced while the building work took place. Within expenditure, there was a £725k increase in restricted expenditure as a direct result of Nexus costs rising by £761k as the building work was completed, offset by lower community work costs (due to building work restrictions) and lower gift day payments (no gift day in 2024, therefore no payments out in 2025).
St. Andrew's Church - High Wycombe Report of the Trustees (continued) For the Year Ended 31st December 2025
Page 3
Financial position cont.
Unrestricted costs associated with the day to day running of the church increased by £7k, due to higher premises costs, up £3k, and people costs rising by £3k. The fall in one off donations within unrestricted income and the rise in unrestricted costs resulted in a £22k deficit on the unrestricted fund. Unrestricted revenue reserves now sit at £111k.
Principal funding sources
Voluntary income from our church members and adherents continue to be our principal source of funding income.
In addition, we received grants and legacies totaling £281k in the year, for the following purposes: Funding for Associate Minister as part of our Resource Church £46,183 Dads & Tot's & St Andrew's Tot's £1,500 New Wine Leadership Conference £250 Nexus £242,960 £290,893
Reserves policy
The PCC has maintained its reserves policy with the aim of holding in unrestricted income reserves the equivalent of three to six months running costs to maintain the smooth running of the church and to ensure it is able to fully meet its commitments. This also reflects St Andrew's Resource Church status and the resulting need to be able to support future planting and regeneration projects. The appropriate level is currently considered to be around £75k to £150k. As at 31 December 2025, unrestricted revenue reserves of £111k were held. The PCC will aim to build reserves up over a period of time where this is possible to maintain reserves within that range. The reserves policy is reviewed annually by the PCC.
Going concern
Although the current economic conditions are difficult for charities there are no indications that St. Andrew's Church will not continue in operational existence for at least one year from the date of approval of the accounts. Therefore on the basis of the current financial position and cash flow projections for 12 months from the date these accounts are signed, the going concern basis continues to be appropriate.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is a registered charity, number 1128971
The PCC is governed under the PCC Powers Measure (1956) as amended and the Church Representation Rules.
Organisational structure
Members of the PCC are either ex-officio or elected at the Annual Parochial Church Meeting (APCM). At the APCM held on 19th May 2025, Mrs C Jones was co-opted on to the PCC, Miss S Bridgman became Secretary, and Mrs S James was elected as a Church Warden. Each new member of the PCC receives a publication ‘A Guide to St Andrew’s PCC’ outlining how the PCC works and their individual role and responsibilities as a trustee. Additionally an existing Church Warden provides a training session on key matters for new PCC members to be aware of.
St. Andrew's Church - High Wycombe Report of the Trustees (continued) For the Year Ended 31st December 2025
Page 4
STRUCTURE, GOVERNANCE AND MANAGEMENT Cont.
Decision making
The PCC met bi-monthly during the year.
The church leadership structure is overseen by 'domains' (e.g. worship, pastoral, outreach) with each domain leader appointed by the PCC. A finance working group, building working group and Global mission team work to support the work of the PCC. The Strategy group continues to help to outwork the vision of the church with the PCC and Leadership Team. We meet annually for a ‘Day Away’ for long term review and planning together with the Leadership Team and Strategy Group.
The PCC considers the key risks and uncertainties for the church and key mitigations to be:
Lack of financial resources: This is managed by means of regular review of the church's finances by the PCC via annual budgets & monthly management accounts, and regular communication to church members of the church's current financial position.
Regulatory/Health & Safety risks: This is managed by PCC oversight of clear policies on key risk areas such as health & safety and protection of children & vulnerable adults. These are reviewed annually.
Key management remuneration
No members of the key management received remuneration of £60,000 or above in the year. The church wardens meet annually to review our staff remuneration. These calculations are based on a number of factors including reference to the National Living Wage and benchmarking for a number of our staff linked to national rates for Youth and Community workers at point 14 of the National Scale. The Leadership Team salaries total £8,463 per month, £101,557 per year.
Statement of Parochial Church Council Responsibilities
Under the Charities Act 2011, the PCC is required to prepare a statement of accounts for each accounting year which gives a true and fair view of the state of affairs of the church.
We are required to:
-
Select suitable accounting policies and apply them consistently
-
Make judgements and estimates that are reasonable and prudent
-
State whether the policies adopted are in accordance with the Church Accounting Regulations and with applicable accounting standards.
-
Prepare the financial statements on a going concern basis.
We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the church and to ensure that such accounts comply with applicable accounting standards and with the Statements of Recommended Practice and the Regulations made under Section 130 of the Charities Act 2011. We also have a responsibility to safeguard the assets of the church and to take reasonable steps for the prevention of fraud and other irregularities.
The PCC has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (which sets out the PCC's obligations to safeguard children and vulnerable adults).
The last Quinquennial was done in October 2019 and there were no significant jobs that needed to be done.
CONNECTED CHARITIES
Hillside Resourcing Trust
Hillside Resourcing was a Charitable Incorporated Organisation (registered number 1174676) which was a subsidiary undertaking of the PCC. Hillside Resourcing Trust was a charity set up to support the work of St. Andrew's Church, Hatters Lane, High Wycombe and the community it seeks to serve. Each year St Andrew’s gave money to Hillside Resourcing Trust and in return had a long term vision to provide housing for staff at St Andrew’s Church. This ended in 2025 when the house was sold and the net funds transferred to St Andrews to support the Nexus project. Hillside was wound up and dissolved in December 2025.
St. Andrew's Church - High Wycombe Report of the Trustees (continued) For the Year Ended 31st December 2025
Page 5
REFERENCE AND ADMINISTRATIVE DETAILS
| Registered Charity number | 1128971 | ||
|---|---|---|---|
| Principal address | Hatters Lane | ||
| High Wycombe | |||
| HP13 7NJ | |||
| Trustees | |||
| Rev S Dust | Vicar | ||
| Rev A Dixon | Associate Minister | appointed | 13/06/2021 |
| Miss L Lee | Curate | appointed | 30/06/2024 |
| Mr. D Chapman | Warden | resigned | 19/05/2025 |
| Mrs. S James | Warden | appointed | 19/05/2025 |
| Mr. L Scott | Warden | appointed | 05/05/2024 |
| Mr. R Gravina | Deanery Synod member | reappointed | 07/05/2023 |
| Mr. R Rayner | Deanery Synod member | appointed | 07/05/2023 |
| Mrs. M Lyon | Elected member | reappointed | 19/05/2025 |
| Mr. K Charles | Elected member | appointed | 07/05/2023 |
| Mr J Jones | Elected member | appointed | 18/11/2023 |
| Mr. J Chambers | Co-Opted | appointed | 07/05/2023 |
| Mr. A de Wouters D'Oplinter | Elected member | appointed | 05/05/2024 |
| Mr. S Jones | Treasurer | resigned | 10/05/2026 |
| Mr R A Nichols-James | Co-Opted | appointed | 01/01/2026 |
| Miss C Mill | Elected member | reappointed | 07/05/2023 |
| Mrs. C Jones | Co-Opted | appointed | 19/05/2025 |
| Miss S Bridgman | PCC Secretary | appointed | 19/05/2025 |
| Key Management | |||
| Rev S Dust | Lead Pastor | ||
| Rev A Dixon | Associate Minister | ||
| L Lee | Curate | ||
| D Dust | Lead Pastor | ||
| H Robertshaw | Pastoral Lead | resigned | 09/03/2026 |
| J Mitchell | Youth Pastor | appointed | 02/01/2024 |
| A Erskine | Children & Families Pastor | appointed | 18/08/2025 |
| W du Plessis | Operations Manager | appointed | 22/04/2025 |
| L de Wouters | Operations Manager | resigned | 17/04/2025 |
| Independent examiner | |||
| Lisa Darby FCA | |||
| Stewardship | |||
| 1 Lamb’s Passage | |||
| London | |||
| EC1Y 8AB |
Approved by order of the board of trustees on the and signed on its behalf by:
Mr. R A Nichols-James - Treasurer
Rev S Dust - Vicar
Independent Examiner's Report to the Parochial Church Council of The Parish of St Andrew's High Wycombe
Page 6
I report to the charity trustees on my examination of the accounts of the Charity for the year ended 31 December 2025 on pages 7 to 19 following, which have been prepared on the basis of the accounting policies set out on pages 10 to 11.
Responsibilities and basis of report
As the charity’s trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
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 145(5)(b) of the Act.
Since the Charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
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:
-
accounting records were not kept in respect of the Charity as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts 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 accounts to be reached.
Lisa Darby FCA Institute of Chartered Accountants in England and Wales
Stewardship 1 Lamb's Passage LONDON EC1Y 8AB
The Parochial Church Council Of The Ecclesiastical Parish Of High Wycombe St Andrew Statement of Financial Activities For the Year Ended 31st December 2025
Page 7
| Note: INCOME AND ENDOWMENTS 2 From Generated Funds: Voluntary Income Activities for Generating Funds Investment Income From Charitable Activities: Events Fees Groups Other Income Total Income |
Unrestricted Funds Restricted Funds Total Funds Total Funds 2025 2025 2025 2024 £ £ £ £ 271,678 523,721 795,399 457,312 13,012 450 13,462 11,855 3,163 7,108 10,272 29,627 |
|---|---|
| 287,853 531,279 819,133 498,793 2,447 801 3,248 4,320 3,593 608 4,202 9,973 0 5,935 5,935 12,952 |
|
| 6,040 7,343 13,385 27,245 255 0 255 7 |
|
| 294,148 538,623 832,773 526,046 |
|
| EXPENDITURE ON 3 Raising Funds Charitable Activities: Grants & Donations 5 People Premises Services & Activities Events Total Expenditure Parish Share and Administration Governance Costs |
55 0 55 187 33,345 4,462 37,807 60,840 148,795 4,513 153,308 159,170 44,185 993,676 1,037,861 258,841 10,800 3,660 14,460 10,783 3,787 7,682 11,470 22,437 71,127 187 71,315 70,493 4,143 0 4,143 3,940 |
| 316,183 1,014,180 1,330,362 586,504 |
|
| 316,238 1,014,180 1,330,418 586,691 |
|
| NET INCOME/(EXPENDITURE) Transfers between funds Fund Balances brought forward at 1 January |
(22,090) (475,557) (497,645) (60,645) 0 - 0 0 204,339 522,249 726,589 787,234 |
| Fund Balances carried forward at 31 December | 182,249 46,694 228,944 726,589 |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing operations. There are small rounding differences within these accounts. The notes on pages 10-19 form an integral part of these accounts.
The Parochial Church Council Of The Ecclesiastical Parish Of High Wycombe St Andrew
Page 8
Balance Sheet
For the Year Ended 31st December 2025
| 2025 Note: Unrestricted Restricted Total funds funds funds £ £ £ Fixed Assets Tangible assets 7 75,256 - 75,256 Current Assets Debtors and prepayments 8 25,002 23,435 48,437 Cash at bank and in hand 88,491 68,359 156,850 113,493 91,794 205,287 Current Liabilities Liabilities falling due within one 9 6,499 45,100 51,599 Net current assets 106,993 46,694 153,688 NET ASSETS 182,249 46,694 228,944 The funds of the Charity: Restricted income funds 11 46,694 Unrestricted income funds 111,074 Unrestricted property fund 7, 11 71,175 TOTAL CHARITY FUNDS 228,944 Mr. R A Nichols-James - Treasurer Rev S Dust - Vicar There are small rounding differences within these accounts. The notes on pages 10-19 form an integral part of these accounts. The accounts were approved by the Parochial Church Council and signed on its behalf on by: |
Unrestricted Restricted funds funds £ £ 75,256 - 25,002 23,435 88,491 68,359 |
2025 Total funds £ 75,256 48,437 156,850 205,287 51,599 153,688 228,944 |
2024 Total funds £ 72,150 43,730 681,253 |
|---|---|---|---|
| 113,493 91,794 6,499 45,100 |
724,984 70,544 |
||
| 106,993 46,694 |
654,439 | ||
| 182,249 46,694 |
726,589 | ||
| 522,249 132,189 72,150 |
|||
| 726,589 | |||
The Parochial Church Council Of The Ecclesiastical Parish Of High Wycombe St Andrew Cash Flow Statement For the Year Ended 31st December 2025
Page 9
| Note Cash flows from operating activities: Net cash provided by (used in) operating activities a Cash flows from investing activities: Purchase of tangible fixed assets Interest Net cash provided by/(used in) investing activities b b Cash and cash equivalents at the end of the year Change in cash and equivalents in the reporting period Cash and equivalents at the beginning of the year |
2025 £ (530,139) (4,534) 10,272 5,738 (524,401) 681,253 156,850 |
2024 £ (47,935) |
|---|---|---|
| 0 29,627 |
||
| 29,627 | ||
| (18,308) 699,563 |
||
| 681,253 |
NOTES TO THE CASH FLOW STATEMENT
Note a: Reconciliation of net income/(expenditure) to net cash flow from operating activities
| Adjustments for: Depreciation Dividends, interest and rents from investments (Increase)/decrease in debtors Increase/(decrease) in creditors Net cash provided by (used in) operating activities Note b: Analysis of cash and cash equivalents Cash at bank with immediate access Total cash and cash equivalents Net income/(expenditure) for the reporting period (as per the statement of financial activities) |
2025 £ (497,645) 1,428 (10,272) (4,707) (18,945) (530,139) 2025 £ 156,850 156,850 |
2024 £ (60,645) 975 (29,627) (10,659) 52019 |
|---|---|---|
| (47,935) | ||
| 2024 £ 681,253 |
||
| 681,253 |
The Parochial Church Council Of The Ecclesiastical Parish Of High Wycombe St Andrew Notes to the Accounts For the Year Ended 31st December 2025
Page 10
1 Statutory Information
The Parochial Church Council of St. Andrew's Church High Wycombe is a charity registered with the Charity Commission in England & Wales. The charity's registered number and principal address can be found on the Charity Information page.
Accounting Policies
These financial statements are prepared on a going concern basis, under the historical cost convention. The financial statements include all activities for which the PCC is legally responsible; the activities of informal gatherings of church members and groups that owe their main affiliation to another body and are excluded.
These financial statements have been prepared in accordance with The Church Accounting Regulations 2006, the 'Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)' ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102") and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102. The charity's financial assets and financial liabilities all qualify as basic financial instruments, as defined by FRS102. Except for loans, creditors and debtors are measured at their expected settlement value (normally the amount of cash that the charity expects to pay or receive). The charity recognises liabilities for the principal of those loans that remains outstanding at the year end (i.e. the liabilities exclude any interest chargeable on the loans in future years).
The Charities (Accounts and Reports) Regulations 2008 (the '2008 Regulations') requires charities to prepare their accounts in accordance with 'Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005' but this accounting standard has since been withdrawn and has been replaced by the Charities SORP mentioned in the preceding paragraph. The charity has prepared these financial statements in accordance with the new Charities SORP; this departure from the 2008 Regulations is believed to be necessary for these financial statements to give a 'true and fair view'.
Going Concern
The PCC have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The PCC have made this assessment for a period of at least one year from the date of approval of the financial statements. In particular the PCC have considered the charity's forecasts and projections and the possible implications should projected income and/or expenditure vary unexpectedly. The PCC have concluded that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.
Funds
General funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on general purposes of the PCC. Funds designated for a particular purpose by the PCC are also unrestricted.
Restricted funds are those funds that must be spent on restricted purposes and details of the funds held are shown in note 12.
INCOME
Voluntary income and capital sources
Collections are recognised when received by or on behalf of the PCC. Planned giving is recognised when received.
Tax recoverable on Gift Aid donations is recognised when the donation is recognised. Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement, the amount due is quantifiable and its ultimate receipt by the PCC is reasonably certain.
Funds raised by fete, garden party and similar events are accounted for gross.
The Parochial Church Council Of The Ecclesiastical Parish Of High Wycombe St Andrew Notes to the Accounts For the Year Ended 31st December 2025
Page 11
Voluntary income and capital sources cont'd
Sales of books and magazines from the church bookstall are accounted for gross. The charity relies on volunteers to carry out many of its activities. However, in accordance with SORP, the value has not been included in these financial statements as they cannot be reliably measured.
Investment Income
Interest entitlements are accounted for as they accrue.
Other Income
Rental income from the letting of church premises is recognised when the rental is due.
EXPENDITURE
Expenditure, including irrecoverable VAT, is recognised when it is incurred or, if earlier, when a legal or constructive obligation for a payment arises provided that it is probable that settlement will be required and the amount of the obligation can be measured reliably.
Grants
Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC.
Parish Share
The diocesan parish share is accounted for when due. Any parish share unpaid at 31 December is provided for in these financial statements as an operational (though not a legal) liability and is shown as a creditor in the balance sheet.
Fixed assets
Consecrated and beneficed property is not included in the accounts in accordance with s.10(2) of the Charities Act 2011.
All expenditure incurred in the year on consecrated or beneficed buildings and individual items under £3,000 is written off. Items over £3,000 are capitalised.
The freehold building is being depreciated over its expected useful life of 50 years. Freehold land is not depreciated as it is not consumed by use.
IT equipment is a sound desk and is being depreciated over its expected useful life of 10 yrs.
Current Assets
Amounts owing to the PCC at 31 December in respect of fees, rents or other income are shown as debtors less provision for amounts that may prove uncollectible.
Leased Assets
Leases which do not transfer substantially all the risks and rewards of ownership to the charity are classified as operating leases. Operating lease payments are recognised as an expense on a straight-line basis over the lease term (unless another systematic basis is more representative of use). During the year the charity was charged £46,315 (2024: £44,436) for its operating lease
Pensions costs and other post-retirement benefits
The PCC operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the PCC. The annual contributions payable are charged to the statement of financial activities.
Nexus
The Nexus Building project relates to an extension to the church building which, as a consecrated building, is not capitalised in these accounts. The expenditure included in these accounts reflect the extent to which the work has been completed on the project at the yearend according to the building companies schedule.
The cost of raising funds is not significant and has not been separately disclosed.
The Charities SORP requires charities with income over £500,000 to allocate costs to the various activities undertaken by the charity. The nature of the work of the church is considered to be so integrated that the core charitable activity costs are considered to be for the one activity.
The Parochial Church Council Of The Ecclesiastical Parish Of High Wycombe St Andrew Notes to the Accounts For the Year Ended 31st December 2025
Page 12
| 2 INCOME AND ENDOWMENTS FROM Voluntary Income Planned Giving Gift Aided Non Gift Aided Gift Aid Received Total · Planned Giving One Off Donations Gift Aided Non Gift Aided Gift Aid Received Total · One Off Donations Gift Day Gift Aided Non Gift Aided Gift Aid Received Total· Gift Day Cash Offerings Cash at Services Total · Cash Offerings Grants Received Grants received Legacy received Total · Grants & Legacies Received Total Voluntary Income Activities for Generating Funds Office Services Lettings Bookstall Total Activities for Generating Funds Income from Investment Interest Total Income from Investment Charitable Activities Events: Residential Non Residential Total · Events Fees Groups Total From Charitable Activities Other Incoming Resources Total Income |
Unrestricted Funds Restricted Funds Total Funds Total Funds 2025 2025 2025 2024 £ £ £ £ 152,037 21,550 173,587 202,771 61,772 10,930 72,702 91,194 37,982 5,388 43,370 50,696 |
|---|---|
| 251,791 37,868 289,658 344,661 7,630 6,320 13,950 29,918 6,196 159,908 166,105 11,064 1,958 1,580 3,538 7,567 |
|
| 15,784 167,808 183,592 48,549 0 18,902 18,902 325 0 3,775 3,775 200 0 4,725 4,725 81 |
|
| 0 27,402 27,402 606 3,854 0 3,854 6,355 |
|
| 3,854 0 3,854 6,355 250 290,643 290,893 57,141 0 0 0 0 |
|
| 250 290,643 290,893 57,141 271,678 523,721 795,399 457,312 0 0 0 0 12,879 450 13,329 11,279 133 0 133 576 |
|
| 13,012 450 13,462 11,855 3,163 7,109 10,272 29,627 |
|
| 3,163 7,109 10,272 29,627 200 0 200 915 2,247 801 3,048 3,405 |
|
| 2,447 801 3,248 4,320 3,593 608 4,202 9,973 0 5,935 5,935 12,952 |
|
| 6,040 7,344 13,384 27,245 255 0 255 7 |
|
| 294,148 538,624 832,773 526,046 |
The Parochial Church Council Of The Ecclesiastical Parish Of High Wycombe St Andrew Notes to the Accounts For the Year Ended 31st December 2025
Page 13
| 3 EXPENDITURE Fundraising trading costs Bookstall costs of goods sold Total · Fundraising trading costs Grants and donations Mission - Long Term Planned Total · Mission - Long Term Mission - Short Term Planned One Off Gift Day Total · Mission - Short Term Christian Agencies One off Total · Christian Agencies Secular One off Gift Day Total · Secular Parish Church Family One Off Total · Parish Total · Grants and donations People Salaries Employers NI Pension Expenses Training Staff Gifts Total · People Premises Major Equipment Utilities Insurance Telephone / Internet Maintenance Equipment Rental Property Rental Building Projects Total · Premises |
Unrestricted Funds Restricted Funds Total Funds Total Funds 2025 2025 2025 2024 £ £ £ £ 55 0 55 187 |
|---|---|
| 55 0 55 187 30,003 2,220 32,223 29,223 |
|
| 30,003 2,220 32,223 29,223 0 0 0 3,000 0 0 0 52 0 0 0 25 |
|
| 0 0 0 3,077 3,030 1,830 4,860 26,735 |
|
| 3,030 1,830 4,860 26,735 150 0 150 310 0 0 0 0 |
|
| 150 0 150 310 162 412 574 1,495 |
|
| 162 412 574 1,495 33,345 4,462 37,807 60,840 133,130 2,757 135,887 140,382 1,969 4 1,973 2,063 6,115 18 6,132 6,182 3,353 262 3,615 4,729 3,915 1,198 5,113 4,731 313 275 588 1,083 |
|
| 148,795 4,513 153,308 159,170 1,853 2,308 4,161 1,757 15,222 6,726 21,948 12,724 3,258 964 4,223 7,688 4,694 133 4,827 4,608 8,493 0 8,493 2,087 715 0 715 915 9,950 46,635 56,585 48,780 0 936,910 936,910 180,282 |
|
| 44,185 993,676 1,037,861 258,841 |
The Parochial Church Council Of The Ecclesiastical Parish Of High Wycombe St Andrew Notes to the Accounts For the Year Ended 31st December 2025
Page 14
| Services & Activities Licences Hospitality Publicity Fees Materials & Requisites Total · Services Events Residential Non Residential Total · Events Parish Share & Admin Bank Charges Parish Share Stationery & Postage Depreciation Total · Parish Share & Admin Governance Costs Independent Examiners Fee PCC Costs Legal & Financial Total · Governance Costs Total Expenditure |
Unrestricted Funds Restricted Funds Total Funds Total Funds 2025 2025 2025 2024 £ £ £ £ 1,263 0 1,263 1,497 1,885 16 1,901 1,706 1,048 0 1,048 614 2,870 2,768 5,638 3,478 3,734 875 4,610 3,487 |
|---|---|
| 10,800 3660 14,460 10,783 1,290 1,000 2,290 1,500 2,498 6,682 9,180 20,937 |
|
| 3,787 7,682 11,470 22,437 140 187 327 186 68,906 0 68,906 68,870 654 0 654 462 1,428 0 1,428 975 |
|
| 71,127 187 71,315 70,493 3,060 0 3,060 3,080 1,036 0 1,036 825 47 0 47 35 |
|
| 4,143 0 4,143 3,940 |
|
| 316,238 1,014,180 1,330,418 586,690 |
The fee payable to the independent examiner for examining the accounts was £3,180 (2024: £2,940); no other services were provided by Stewardship.
The Parochial Church Council Of The Ecclesiastical Parish Of High Wycombe St Andrew Notes to the Accounts For the Year Ended 31st December 2025
Page 15
| 4 | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | ||
|---|---|---|---|---|---|---|
| 2024 | 2024 | |||||
| Unrestricted | Restricted | 2024 Total | ||||
| funds | funds | Funds | ||||
| INCOME AND ENDOWMENTS FROM | £ | £ | £ | |||
| Voluntary income | 284,667 | 172,644 | 457,312 | |||
| Activities for Generating | Funds | 11,855 | 0 | 11,855 | ||
| Investment Income | 2,940 | 26,687 | 29,627 | |||
| Events | 3,325 | 995 | 4,320 | |||
| Fees | 3,930 | 6,042 | 9,973 | |||
| Groups | 0 | 12,952 | 12,952 | |||
| Other income | 7 | 0 | 7 | |||
| Total | 306,725 | 219,322 | 526,048 | |||
| EXPENDITURE ON | ||||||
| Raising funds | 187 | 0 | 187 | |||
| Grants & Donations | 31,513 | 29,327 | 60,840 | |||
| People | 145,912 | 13,258 | 159,170 | |||
| Premises | 41,376 | 217,465 | 258,841 | |||
| Services & Activities | 10,054 | 729 | 10,783 | |||
| Events | 5,537 | 16,899 | 22,437 | |||
| Parish Share & Administration | 70,493 | 0 | 70,493 | |||
| Governance Costs | 3,940 | 0 | 3,940 | |||
| Total | 309,012 | 277,679 | 586,690 | |||
| NET INCOME/(EXPENDITURE) | (2,287) | (58,359) | (60,642) | |||
| Transfers between funds | 1,238 | (1,238) | 0 | |||
| Fund Balances brought forward at 1 January | 205,389 | 581,845 | 787,234 | |||
| Fund Balances carried forward | at 31 December | 204,339 | 522,250 | 726,592 | ||
| 5 | GRANTS & DONATIONS | |||||
| Institutions | Individuals | 2025 | Instit 2024 | Indiv 2024 | ||
| £ | £ | £ | £ | £ | ||
| Missionary support | 3,000 | 8,049 | 11,049 | 3,000 | 15,506 | |
| Wycliffe | 21,984 | 0 | 21,984 | 22,705 | 0 | |
| Gift Day | 0 | 0 | 0 | 17,856 | 0 | |
| Disaster Relief | 0 | 0 | 0 | 0 | 0 | |
| Relief of poverty | 162 | 150 | 312 | 624 | 1,150 | |
| Housing | 0 | 0 | 0 | 0 | 0 | |
| 25,146 | 8,199 | 33,345 | 44,185 | 16,656 |
Institutions receiving greater than £1,000:
£3,000 to Lighthouse High Wycombe in 2024 & 2025 £21,984 to Wycliffe for Mission partners (2024: £22,705)
| 6 STAFF COSTS Wages & Salaries Employer's NI Pension Costs Administrative and management staff |
2025 £ 135,887 1,973 6,132 143,992 8 |
2024 £ 140,382 2,063 6,182 |
|---|---|---|
| 148,627 | ||
| 8 |
The charity has 4.7 (2024:5.03) full time equivalent employed staff. Its activities are generally carried out by volunteers. No staff received salaries at a rate of more than £60,000 per annum.
Remuneration and employee benefits payable to key management personnel employed by the PCC amounted to £101,557 in 2025 and £99,984 in 2024.
During the year employer’s pension contributions totaling £6,132 (2024: £6,182) were payable to defined contribution personal pension schemes. (No pension contributions were owing at the balance sheet date (2024: £nil))
The Parochial Church Council Of The Ecclesiastical Parish Of High Wycombe St Andrew Notes to the Accounts For the Year Ended 31st December 2025
Page 16
7 FIXED ASSETS
| FIXED ASSETS | |||
|---|---|---|---|
| Freehold | IT | Total | |
| Cost | £ | £ | £ |
| At 31st December 2024 | 97,500 | 0 | 97,500 |
| Addition in year | 0 | 4,534 | 4,534 |
| At 31st December 2025 | 97,500 | 4,534 | 102,034 |
| Depreciation | |||
| At 31st December 2024 | 25,350 | 0 | 25,350 |
| Charge in year | 975 | 453 | 1,428 |
| At 31st December 2025 | 26,325 | 453 | 26,778 |
| Net Book Value | |||
| At 31st December 2025 | 71,175 | 4,081 | 75,256 |
| At 31st December 2024 | 72,150 | 0 | 72,150 |
| The property is St Andrew's House (the old vicarage next door to the church) held under a trust deed | |||
| with the Diocese. The IT equipment is a sound desk. |
| 8 DEBTORS Prepayments Debtors Gift Aid receivable 9 LIABILITIES FALLING DUE WITHIN ONE YEAR Creditors Accruals |
2025 8,190 20,302 19,945 48,437 2025 £ 65 51,533 51,599 |
2024 8,215 26,575 8,940 |
|---|---|---|
| 43,730 | ||
| 2024 £ 62,533 8,011 |
||
| 70,544 |
Operating Lease Commitments
The charity has an operating lease for its photocopier and rental leases for two properties. One property has a break clause on 28/02/26 and will continue after that on a month to month basis. The minimum amount payable (until the next break clause and ignoring the potential effect of future rent reviews) in respect of these leases is as follows:
| Payments falling due: Within one year Between one and five years |
2025 £ 24,315 11,567 35,882 |
2024 £ 44,436 33,100 |
|---|---|---|
| 77,536 |
10 RELATED PARTY DISCLOSURES
Included in Wages & Salaries is £20,832 (2024: £18,656) paid to Mrs. Debbie Dust, wife of the PCC Chair in her capacity as Lead Pastor and £5,819 paid to Liezl De Wouters, wife of Anthony De Wouters, a PCC member in her capacity as Operations Manager as permitted by the governing document. Included in Grants are payments to PCC members in their capacity as mission partners as follows:
| Mr. R Gravina/Wycliffe Deanery Synod Mr M Jones/Married to Mrs C Jones PCC |
2025 2024 £ £ 11,363 11,363 6,519 6,519 |
|---|---|
Donations from Trustees and family members for 2025 were £85,858 (2024 £95,398) No expenses were paid to, or for, non-clergy members of the PCC in either 2025 or 2024
Rev Dust is a trustee and receives a stipend and customary clergy accommodation from the Diocese and so he is not an employee. Some of the Parish Share paid to the Diocese is used to meet the cost of these. The charity also reimbursed clergy expenses and these costs are disclosed in note 3 under people costs - expenses.
The Parochial Church Council Of The Ecclesiastical Parish Of High Wycombe St Andrew Notes to the Accounts For the Year Ended 31st December 2025
Page 17
10 RELATED PARTY DISCLOSURES Cont.
Associate minister, Rev Dixon and curate L Lee are trustees who receive a stipend from the Diocese and therefore are not employees. The PCC contributed £11,000 towards Rev Dixon's stipend during the year (2024: £nil). Both trustees are also provided with customary clergy accommodation by the charity which is paid for by the charity (£3,800/month) but partially funded by a grant from the Diocese. The charity also reimburses clergy expenses and these costs are disclosed in note 3 under people costs - expenses.
Hillside Resourcing (HR) was a Charitable Incorporated Organisation (registered number 1174676) which was a subsidiary undertaking of the Church, as the PCC controled the appointment of the trustees of HR & the Church benefited from the provision of residential accommodation by HR. During 2025 the property was sold and the net equity of £150,204 was donated to St Andrews for use on the Nexus project. Hillside was wound up and fully dissolved in December 2025.
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Rent paid to Hillside Resourcing Trust | 4,200 | 16,800 |
11 POST BALANCE SHEET EVENTS
No post balance events to disclose.
The Parochial Church Council Of The Ecclesiastical Parish Of High Wycombe St Andrew Notes to the Accounts For the Year Ended 31st December 2025
Page 18
| 12 FUNDS INCOME Voluntary Income Activities for Generating Funds Investment & Charitable Income Total Income Resources Restricted Funds |
Admin & Premises Nexus Project Community Gift Day Mission Pastoral Resource Church Worship Disc & Training Youth & Children Total |
|---|---|
| 275 445,324 0 27,402 2,937 100 46,183 0 0 1,500 523,721 0 0 0 0 0 0 450 0 0 0 450 0 7,109 2,633 0 0 4,711 0 0 0 0 14,453 |
|
| 275 452,433 2,633 27,402 2,937 4,811 46,633 0 0 1,500 538,624 |
|
| EXPENDITURE Grants & Donations People Premises and Services Events Total Resources Expended |
0 0 10 0 2,702 1,750 0 0 0 0 4,462 275 0 1,105 0 0 378 0 0 298 2,457 4,513 946,378 574 187 0 0 47,775 1,405 0 1204 997,523 0 60 3,439 0 0 2,624 0 0 0 1,559 7,683 |
| 275 946,438 5,128 187 2,702 4,752 47,775 1,405 298 5,220 1,014,180 |
|
| NET INCOME(EXPENDITURE) Gross Transfers Fund Balances at 1 January Fund Balances at 31 December |
0 (494,005) (2,495) 27,215 235 59 (1,142) (1,405) (298) (3,720) (475,555) - 1,264 (1,264) (7,000) 0 0 0 7,000 0 0 0 0 496,171 9,621 0 1,252 8,827 262 0 298 5,819 522,250 |
| 0 3,431 5,861 20,215 1,486 8,886 (880) 5,595 0 2,099 46,694 |
The assets and liabilities represented by the various funds are as follows:
| Restricted funds Unrestricted funds |
Fixed assets Bank & cash balances Other net assets Total £ £ £ £ 0 68,359 (21,665) 46,694 75,256 88,489 18,503 182,249 |
|---|---|
| 75,256 156,850 (3,162) 228,944 |
Restricted funds are for the following purposes:
Worship Sound System & Livestream Admin & Premises Generally leaving gifts Nexus Project Church building and rennovation Community Christmas Day Lunch, Family Support Group, Local Mission and Wednesday Lunch Club. Mission Mission trips and mission partners Pastoral Care fund, The Well (counselling). Youth & Children Towards youth and childrens work Gift Day Various specified projects Disc & Training Training & discipleship Resource Church Associate Minister and Curate costs
Page 19
The Parochial Church Council Of The Ecclesiastical Parish Of High Wycombe St Andrew Notes to the Accounts For the Year Ended 31st December 2025
| 12 continued FUNDS information INCOME Voluntary Income Activities for Generating Funds Investment & Charitable Income Total Income Resources Restricted Funds |
for 2024 Admin & Premises Nexus Project Community Gift Day Mission Pastoral Resource Church Disc & Training Youth & Children Total |
|---|---|
| 0 130,257 1,153 606 4,614 600 33,291 0 2,124 172,644 0 0 0 0 0 0 0 0 0 0 0 26,687 16,594 0 0 3,385 0 0 10 46,677 |
|
| 0 156,944 17,747 606 4,614 3,985 33,291 0 2,134 219,321 |
|
| EXPENDITURE Grants & Donations People Premises and Services Events Total Resources Expended |
0 0 52 17,856 7,238 4,181 0 0 0 29,327 0 0 8,771 0 0 1,110 450 0 2,927 13,258 0 185,296 303 0 0 0 32,532 0 63 218,195 0 462 14,538 0 0 1,662 0 0 237 16,900 |
| 0 185,758 23,664 17,856 7,238 6,953 32,982 0 3,227 277,679 |
|
| NET INCOME(EXPENDITURE) Gross Transfers Fund Balances at 1 January Fund Balances at 31 December |
0 (28,814) (5,918) (17,250) (2,624) (2,969) 309 0 (1,093) (58,359) (1,238) 0 0 0 0 0 0 0 0 (1,238) 1,238 524,985 16,319 17,250 3,876 11,795 (47) 298 6,132 581,845 |
| 0 496,171 10,400 0 1,252 8,827 262 298 5,039 522,249 |
The assets and liabilities represented by the various funds as at 31 December 2024 were as
| Restricted funds Unrestricted funds |
Fixed assets Bank & cash balances Other net assets Total £ £ £ £ 0 498,815 23,435 522,250 72,150 182,437 (50,249) 204,339 |
|---|---|
| 72,150 681,253 (26,814) 726,589 |
| Restricted funds are for the following purposes: | Restricted funds are for the following purposes: |
|---|---|
| Admin & Premises | Counselling & renew space room hire 1/6/23-31/5/24. Grant transferred to unrestricted as used. |
| Nexus Project | Church extension. |
| Community | Christmas Day Lunch, Family Support Group, Starlight, Local Missions Fund, Supporting Families and |
| Mission | Mission trips, the Garcias, the Secchias. |
| Pastoral | Care fund, The Well (counselling). |
| Money raised to help young people go on trips e.g. youth weekend away. Grant for Youth club | |
| Youth & Children | (Catalyst). |
| Gift Day | Parkari training, Lighthouse safe harbour, Rutaka health centre, Life after conflict & Growing Hope. |
| Disc & Training | Training & discipleship. |
| Resource Church | Associate Minister grant. |